$CNAB Income Statement

United Cannabis Corporation (CNAB)

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		89	95	91	–
Cost of Revenue		27	5	2	–

Gross Profit		62	91	89	–

	Operating Expenses
	Research Development	0	12	95	76
	Selling General and Administrative	559	770	543	419
	Non Recurring	–	–	–	–
	Others	–	–	–	–

	Total Operating Expenses	–	–	–	–


Operating Income or Loss		(497)	(691)	(548)	(495)

	Income from Continuing Operations
	Total Other Income/Expenses Net	(769)	(373)	(91)	0
	Earnings Before Interest And Taxes	(1,316)	(1,065)	(639)	(495)
	Interest Expense	20	64	67	–
	Income Before Tax	(1,336)	(1,129)	(707)	(495)
	Income Tax Expense	–	–	–	–
	Minority Interest	–	–	–	–

	Net Income From Continuing Ops	(1,336)	(1,129)	(707)	(495)

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


Net Income		(1,336)	(1,129)	(707)	(495)
Preferred Stock And Other Adjustments		–	–	–	–

Net Income Applicable To Common Shares		(1,336)	(1,129)	(707)	(495)

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