$CANV Income Statement

CannaVEST Corp. (CANV)

Income Statement

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All numbers in thousands

Period Ending		Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014
Total Revenue		2,714	2,693	1,860	3,006
Cost of Revenue		1,083	1,418	738	1,210

Gross Profit		1,631	1,275	1,122	1,796

	Operating Expenses
	Research Development	323	430	262	157
	Selling General and Administrative	3,994	9,575	1,351	1,507
	Non Recurring	–	–	–	–
	Others	–	–	–	–

	Total Operating Expenses	–	–	–	–


Operating Income or Loss		(2,686)	(8,730)	(490)	132

	Income from Continuing Operations
	Total Other Income/Expenses Net	37	–	–	–
	Earnings Before Interest And Taxes	(2,649)	(8,136)	(482)	7,425
	Interest Expense	–	615	–	(615)
	Income Before Tax	(2,649)	(8,752)	(482)	8,040
	Income Tax Expense	–	–	–	–
	Minority Interest	–	–	–	–

	Net Income From Continuing Ops	(2,649)	(8,752)	(482)	15,940

	Non-recurring Events
	Discontinued Operations	–	–	–	–
	Extraordinary Items	–	–	–	–
	Effect Of Accounting Changes	–	–	–	–
	Other Items	–	–	–	–


Net Income		(2,649)	(8,752)	(482)	8,040
Preferred Stock And Other Adjustments		–	–	–	–

Net Income Applicable To Common Shares		(2,649)	(8,752)	(482)	8,040

MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com