v3.20.2

Condensed Consolidated Statements of Operations (unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
REVENUES
Restaurant revenue, net of discounts	$ 789,444	$ 839,615
Restaurant operating costs:
Cost of sale - food and beverage	252,892	300,392
Wages and payroll taxes	284,184	269,281
Occupancy	195,542	135,956
Other restaurant costs	90,935	112,583
Depreciation and amortization	38,617	18,778
General & administrative expenses	240,073	346,832
Total costs and expenses	1,102,243	1,183,822
Loss from operations	(312,799)	(344,207)
Other (income) expense
(Gain) on debt conversion and extinguishment	0	(17,775)
Initial and change in fair value of derivative	(1,917,936)	535,343
Interest expense	503,705	260,706
Total other (income) expense	(1,414,231)	778,274
Income (loss) before income taxes	1,101,432	(1,122,481)
Provision for income taxes	0	0
Net income (loss)	$ 1,101,432	$ (1,122,481)
Basic net income (loss) per share	$ 0.00	$ (0.03)
Diluted net income (loss) per share	$ (0.00)	$ (.03)
Weighted average shares outstanding, basic	2,369,181,415	38,051,004
Weighted average shares outstanding, diluted	9,884,633,318	38,051,004

Amount of current income tax expense (benefit) pertaining to taxable income (loss) from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 6.I.7)
-URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

WEST COAST VENTURES GROUP CORP. 10-Q