CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Revenues:
Revenues, other	$ 47,331	$ 250,781	$ 144,318	$ 641,983
Revenues, related party				15,000
Total revenues	47,331	250,781	144,318	656,983
Cost of sales
Cost of sales, other	5,687	103,010	63,049	284,837
Total cost of sales	5,687	103,010	63,049	284,837
Gross profit	41,644	147,771	81,269	372,146
Operating Expenses:
Compensation and benefits (including stock-based fees of $0 for the three and nine months ended September 30, 2020 and $25,000 and $75,000 for the three and nine months ended September 30, 2019)	202,511	462,770	559,792	1,261,594
Advertising and promotion	3,703	197,733	19,775	575,050
Professional fees (including stock-based fees of $0 for the three and nine months ended September 30, 2020 and $171,500 and $479,791 for the three and nine months ended September 30, 2019 )	7,527	92,966	102,885	404,550
Rent, including related party (including related party rent of $36,000 and $108,000 for the three and nine months ended September 30, 2020 and 2019)	91,549	100,240	255,427	294,302
Investor relations		11,297	14,795	176,073
Depreciation and amortization expense	30,760		93,364
Other general and administrative	13,557	137,979	115,735	407,105
Total operating expenses	349,607	1,002,985	1,161,773	3,118,674
Loss from operations	(307,963)	(855,214)	(1,080,504)	(2,746,528)
Other Income (Expense):
Derivative income (loss)	126,561	501,977	(1,561,010)	159,617
Gain (loss) on equity investment	15,450	(9,245)	22,982	(4,429)
Amortization of debt discount	(184,552)		(1,143,973)
Gain/Loss on debt extinguishment				(44,393)
Interest expense and finance charges	(100,539)	(1,109,565)	(445,858)	(2,344,763)
Total other income (expense), net	(143,050)	(616,833)	(3,127,859)	(2,233,968)
Earnings Before Taxes (loss)	(451,013)	(1,472,047)	(4,208,363)	(4,980,496)
Income tax provision
Net Income (Loss)	$ (451,013)	$ (1,472,047)	$ (4,208,363)	$ (4,980,496)
Basic and diluted income (loss) per share	$ (0.00)	$ (0.01)	$ (0.00)	$ (0.03)
Weighted average number of common shares outstanding - Basic and diluted	3,456,123,614	190,804,118	2,501,258,405	160,489,585

INNERSCOPE HEARING TECHNOLOGIES, INC. 10-Q