$VAPO Income Statement

Vaporin, Inc. (VAPO)

Income Statement

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All numbers in thousands

Period Ending		Sep 30, 2014	Jun 30, 2014	Mar 31, 2014	Dec 31, 2013
Total Revenue		837	419	183	(28)
Cost of Revenue		424	238	115	–

Gross Profit		413	181	67	13

	Operating Expenses
	Research Development	–	–	–	–
	Selling General and Administrative	1,792	1,659	821	2,975
	Non Recurring	–	–	–	–
	Others	7	3	3	–

	Total Operating Expenses	–	–	–	–


Operating Income or Loss		(1,386)	(1,481)	(757)	(2,963)

	Income from Continuing Operations
	Total Other Income/Expenses Net	81	135	(130)	581
	Earnings Before Interest And Taxes	(1,305)	(1,346)	(887)	(2,382)
	Interest Expense	53	94	251	102
	Income Before Tax	(1,358)	(1,440)	(1,138)	(2,484)
	Income Tax Expense	–	–	–	–
	Minority Interest	–	–	–	–

	Net Income From Continuing Ops	(1,358)	(1,440)	(1,138)	(2,484)

	Non-recurring Events
	Discontinued Operations	–	–	–	(537)
	Extraordinary Items	–	–	–	–
	Effect Of Accounting Changes	–	–	–	–
	Other Items	–	–	–	–


Net Income		(1,358)	(1,440)	(1,138)	(3,021)
Preferred Stock And Other Adjustments		–	–	–	–

Net Income Applicable To Common Shares		(1,358)	(1,440)	(1,138)	(3,021)

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