GALAXY NEXT GENERATION, INC. Income Statement

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2022 12 months to Jun 30, 2022	FY2021 12 months to Jun 30, 2021	FY2020 12 months to Jun 30, 2020	FY2018 12 months to Dec 31, 2017	FY2017 12 months to Dec 31, 2016
Revenues
Technology interactive panels and related products
Technology office supplies
Total revenues
Cost of Sales
Technology interactive panels and related products
Total cost of Sales
Gross Profit
General and Administrative Expenses
Stock compensation and stock issued for services and donated
Asset impairment expense
Legal settlement expense
General and administrative
Total General and Administrative Expenses
Income before depreciation
Income (loss) before depreciation
Depreciation expense

Loss from Operations
Other Income (Expense)
Gain on forgiveness of interest
Other income
Total other expense
Expenses related to convertible notes payable:
Change in fair value of derivative liability
Interest accretion
Interest expense related to Equity Purchase Agreement (Note 11)
Building and land impairment
Interest expense
Total Other (Expense)

Net Loss before Income Taxes
Income taxes (Note 9)
Net Loss
Net Basic and Fully Diluted Loss Per Share
Weighted average common shares outstanding Basic and fully diluted
Net Basic and Fully Diluted Loss Per Share (in Dollars per share)
Weighted average common shares outstanding
Basic (in Shares)
Fully diluted (in Shares)

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