Quarterly report pursuant to Section 13 or 15(d)

NOTE 11 - SEGMENT REPORTING (Tables)

v3.5.0.2
NOTE 11 - SEGMENT REPORTING (Tables)
3 Months Ended
Mar. 31, 2016
Notes to Financial Statements  
Operating segments

    Three Months Ended
    March 31,   March 31,
    2016   2015
 Revenues:                
 Worlds Online   $ 213     $ 503  
 MariMed     614,243       95,732  
 Consolidated revenues   $ 614,456     $ 96,235  
                 
 Depreciation and amortization:                
Worlds Online   $ —       $ —    
 MariMed     35,439       6,667  
 Depreciation and amortization   $ 35,439     $ 6,667  
                 
 Profit/(Loss) before taxes                
 Worlds Online   $ (132,521 )   $ (112,179 )
 MariMed     70,759       (206,776 )
 Profit/(Loss) before taxes   $ (61,762 )   $ (318,956 )

 

Capital Expenditures:

               
 Worlds Online   $ —       $ —    
 MariMed     990,504       1,407,978  
 Combined capital expenditures   $ 990,504     $ 1,407,978  
                 
 Assets:                
 Worlds Online   $ 20,311     $ 32,605  
 MariMed     5,368,004       3,685,128  
   Combined assets   $ 5,388,315     $ 3,717,733