Kona Gold Beverage Inc (KGKG)

[PickItToWin]

Looking at the Q1 losses, this is how I read it. They reported $1,819,543 in losses for the quarter. Looking at the balance sheet, $420,492 are losses from operations, your hard money losses from doing business (income - expenses). So, if there was no capital investments into the company, this would be their actual losses.

The remainder of that $1,819,543 is all from Interest Expense, so it’s not actually “cash” they are paying out for expenses. So from an investment standpoint, I look at that $420k loss as the actual loss of doing business and the closer that number gets to zero, the better. The Interest Expense loss will be good for them when and if the company becomes profitable and can carry those losses forward. Just my 2 cents