v3.20.1

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Revenues
Total revenues, net	$ 11,935,550	$ 1,564,247
Costs of revenues
Total costs of revenues	9,554,897	901,590
Gross profit	2,380,653	662,657
Operating expenses
Advertising, sales and marketing	431,430	127,146
General and administrative	775,255	950,485
Research and development		7,357
Depreciation and amortization	60,556	27,687
Total operating expenses	1,267,241	1,112,675
Income (loss) from operations	1,113,412	(450,018)
Other expense
Interest and financing costs	1,098	10,071
Total other expense	1,098	10,071
Net income (loss) before income tax expense	1,112,314	(460,089)
Income tax expense	323,090
Net income (loss)	$ 789,224	$ (460,089)
Net income (loss) per share attributable to common stockholders:
Basic	$ 0.03	$ (0.08)
Diluted	$ 0.03	$ (0.08)
Shares used in computing net income (loss) per share attributable to common stockholders:
Basic	24,536,963	5,490,927
Fully diluted	26,376,950	5,490,927
Services [Member]
Revenues
Total revenues, net	$ 11,232,363	$ 1,016,875
Costs of revenues
Total costs of revenues	9,156,751	495,286
Products [Member]
Revenues
Total revenues, net	696,220	543,329
Costs of revenues
Total costs of revenues	398,146	406,304
Royalties [Member]
Revenues
Total revenues, net	$ 6,967	$ 4,043

The aggregate cost of goods produced and sold and services rendered during the reporting period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.2)
-URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227

Saleen Automotive, Inc. 10-Q