Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.10.0.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2018
Accounting Policies [Abstract]  
Schedule of Condensed Operating Results

Condensed operating results for SkyScale are as follows:

 

 

 

For The Three Month Periods

ended June 30,

 

 

For The Six Month Periods

ended June 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Net revenue

 

$

18,514

 

 

$

1,071

 

 

$

139,053

 

 

$

1,071

 

Cost of revenue

 

 

166,754

 

 

 

-

 

 

 

315,715

 

 

 

-

 

Gross margin

 

 

(148,240

)

 

 

1,071

 

 

 

(176,662

)

 

 

1,071

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

General and administrative

 

 

64,199

 

 

 

224,615

 

 

 

222,212

 

 

 

224,615

 

Marketing and selling

 

 

37,040

 

 

 

21,508

 

 

 

77,756

 

 

 

21,508

 

Research and development

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total operating expenses

 

 

101,239

 

 

 

246,123

 

 

 

299,968

 

 

 

246,123

 

Loss from operations

 

 

(249,479

)

 

 

(245,052

)

 

 

(476,630

)

 

 

(245,052

)

Other income

 

 

15,487

 

 

 

-

 

 

 

17,468

 

 

 

-

 

Net loss

 

$

(233,992

)

 

$

(245,052

)

 

$

(459,162

)

 

$

(245,052

)