Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2016

Progressive Green Solutions, Inc.

Assets by Segments

	March 31, 2016
	Parent		Returns		Quarry Operations		Total
ASSETS
CURRENT ASSETS
Cash	$	-	$	17,323	$	4,695	$	22,018
Accounts receivable, net				97,594		795,998		893,592
Prepayments and other current assets		13,587		12,869		7,499		33,955

Total current assets		13,587		127,786		808,192		949,565

PROPERTY AND EQUIPMENT
Property and equipment		-		102,580		302,558		405,138
Accumulated depreciation		-		(22,549)		(34,708)		(57,257)

Property and equipment, net				80,031		267,850		347,881

SOFTWARE AND HARDWARE		-
Software and hardware		-		190,731		16,350		207,081
Accumulated amortization				(92,820)		(3,755)		(96,575)

Software and hardware, net				97,911		12,595		110,506

LEASEHOLD IMPROVEMENTS
Leasehold improvements		-		563,267		144,586		707,853
Accumulated amortization		-		(362,539)				(362,539)

Leasehold improvements, net				200,728		144,586		345,314

MANAGEMENT AGREEMENT
Management agreement		-		0		50,000		50,000
Accumulated amortization		-		0		(31,112)		(31,112)

Management agreement, net						18,888		18,888

OTHER ASSETS
Security deposits		-		34,693				34,693
Deposit on potential purchase		-				200,000		200,000

Total other assets				34,693		200,000		234,693

Total assets	$	13,587	$	541,149	$	1,452,111	$	2,006,847

Progressive Green Solutions, Inc.

Operations by Segment

	For the Three Months
	Ended
	March 31, 2016
	Parent		Returns Management		Quarry Operations		Total
NET REVENUE	$	-	$	290,847	$	706,386	$	997,233
COST OF GOODS SOLD				134,485		962,999		1,097,484
GROSS MARGIN		-		156,362		(256,613)		(100,251)

OPERATING EXPENSES:
Salaries and wages		65,734		53,815		36,377		155,926
Professional fees		7,425		5,229		55,018		67,672
Rent and occupancy		-		69,549		30,391		99,940
Selling, general and administrative		43,404		40,745		105,746		189,895

Total operating expenses		116,563		169,338		227,532		513,433

LOSS FROM OPERATIONS	$	(116,563.00)	$	(12,976.00)	$	(484,145.00)	$	(613,684.00)

PROGRESSIVE GREEN SOLUTIONS, INC. 10-Q