$CNAB Income Statement

United Cannabis Corporation (CNAB)

Income Statement

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All numbers in thousands

Period Ending		Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
Total Revenue		95	91	–	–
Cost of Revenue		5	2	–	–

Gross Profit		91	89	–	–

	Operating Expenses
	Research Development	12	95	76	–
	Selling General and Administrative	770	543	419	79
	Non Recurring	–	–	–	–
	Others	–	–	–	–

	Total Operating Expenses	–	–	–	–


Operating Income or Loss		(691)	(548)	(495)	(79)

	Income from Continuing Operations
	Total Other Income/Expenses Net	(373)	(91)	0	–
	Earnings Before Interest And Taxes	(1,065)	(639)	(495)	(79)
	Interest Expense	64	67	–	–
	Income Before Tax	(1,129)	(707)	(495)	(79)
	Income Tax Expense	–	–	–	–
	Minority Interest	–	–	–	–

	Net Income From Continuing Ops	(1,129)	(707)	(495)	(79)

	Non-recurring Events
	Discontinued Operations	–	–	–	(59)
	Extraordinary Items	–	–	–	–
	Effect Of Accounting Changes	–	–	–	–
	Other Items	–	–	–	–


Net Income		(1,129)	(707)	(495)	(138)
Preferred Stock And Other Adjustments		–	–	–	–

Net Income Applicable To Common Shares		(1,129)	(707)	(495)	(138)

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