Saleen Automotive, Inc. Income Statement

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Operations

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

	FY2019 12 months to Mar 31, 2019	FY2015 12 months to Mar 31, 2015	FY2014 12 months to Mar 31, 2014	FY2013 9 months to Mar 31, 2013
REVENUES
Revenue
Vehicles and parts
Design Services
Costs of goods sold
Service
Product
Total revenue

Costs of revenue
Vehicles and parts
Service
Product
Total costs of revenue

Gross margin
Operating expenses
Sales and marketing
General and administrative (includes stock-based compensation costs of $0 and $1,950,482 issued to officer, directors and other related parties for the years ended March 31, 2019, and 2018, respectively)
Settlement costs (including $385,785 from related parties)
Settlement (gain) costs (including $385,785 from related parties during the year ended March 31, 2014)
Depreciation and amortization
Research and development
Depreciation
Total operating expenses

Income (loss) from operations
Forgiveness of debt
LOSS BEFORE PROVISION FOR INCOME TAXES
Other income (expense)
Interest and financing costs
Gain in extinguishment of derivative liability
Change in fair value of derivative liability
Costs of reverse merger transaction
Private placement costs
Loss on extinguishment of convertible debt
Gain on extinguishment of derivative liability
Change in fair value of derivative liabilities
Total other income (expenses), net

Net income (loss) before provision for income taxes
Income tax expense
NET LOSS
Net income (loss)
Deemed dividend related to beneficial conversion feature of Series B Preferred Stock
Net income (loss) attributable to common stockholders
Net income (loss) per share attributable to common stockholders:
Basic and diluted
Basic
Diluted

Shares used in computing net income (loss) per share attributable to common stockholders:
Basic and diluted
Basic
Diluted

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