$AMMJ Income Statement

American Cannabis Company, Inc. (AMMJ)

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		444	640	(3,848)	4,435
Cost of Revenue		327	416	(3,683)	4,012

Gross Profit		117	224	(164)	423

	Operating Expenses
	Research Development	30	13	–	–
	Selling General and Administrative	305	3,588	(1,758)	1,996
	Non Recurring	–	–	–	–
	Others	–	–	–	–

	Total Operating Expenses	–	–	–	–


Operating Income or Loss		(218)	(3,377)	1,594	(1,573)

	Income from Continuing Operations
	Total Other Income/Expenses Net	–	–	–	–
	Earnings Before Interest And Taxes	(227)	(3,605)	1,497	(1,477)
	Interest Expense	–	(1)	(82)	83
	Income Before Tax	(227)	(3,604)	1,579	(1,560)
	Income Tax Expense	–	–	–	(53)
	Minority Interest	–	–	–	–

	Net Income From Continuing Ops	(227)	(3,569)	1,526	(1,507)

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


Net Income		(227)	(3,604)	1,526	(1,507)
Preferred Stock And Other Adjustments		–	–	–	–

Net Income Applicable To Common Shares		(227)	(3,604)	1,526	(1,507)

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