Monday, August 15, 2022 4:05:30 PM
OZOP ENERGY SOLUTIONS, INC.
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
(Unaudited)
For the Three Months Ended June 30, For the Six Months Ended June 30,
2022 2021 2022 2021
Revenue $ 4,878,636 $ 1,274,033 $ 7,960,874 $ 2,069,587
Cost of goods sold 4,416,460 1,214,468 7,292,292 1,441,377
Gross profit 462,177 59,565 668,583 628,210
Operating expenses:
General and administrative, related parties 240,000 1,461,074 630,000 3,576,082
General and administrative, other 1,274,287 2,898,231 2,862,144 6,572,693
Total operating expenses 1,514,287 4,359,305 3,492,144 10,148,775
Loss from operations (1,052,111 ) (4,299,740 ) (2,823,562 ) (9,520,565 )
Other (income) expenses:
Interest expense 1,427,554 4,310,335 5,402,775 44,965,085
(Gain) loss on change in fair value of derivatives (9,011,570 ) (8,866,819 ) (13,376,773 ) 43,331,083
Loss on extinguishment of debt - 468,696 - 95,437,587
Debt restructure expense - - - 16,450,000
Total Other (Income) Expenses (7,584,016 )
see f-2 https://ih.advfn.com/stock-market/USOTC/ozop-energy-solutions-pk-OZSC/stock-news/88839201/quarterly-report-10-q
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