General form of registration statement for all companies including face-amount certificate companies

SEGMENT INFORMATION (Tables)

v2.4.1.9
SEGMENT INFORMATION (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Loans From Related Party Tables    
Summarized financial information

Summarized financial information concerning our reportable segments is shown in the following tables. Total asset amounts at March 31, 2015 and 2014 exclude intercompany receivable balances eliminated in consolidation.

 

    3 Months Ended March 31, 2015  
    Hydroponic     Cannabis     Eliminations        
    Produce     Products     and Other     Total  
Total Revenues   $ 458,773     $ 304,025     $ 555     $ 763,353  
Cost of Goods Sold     288,093       246,545       -       534,638  
      170,680       57,480       555       228,715  
Selling, general and administrative expenses     470,065       226,289       1,634,931       2,331,285  
Loss from operations     (299,385 )     (168,809 )     (1,634,376 )     (2,102,570 )
                                 
Other Income (Expenses)                                
Amortization of debt discount     -       -       (41,126 )     (41,126 )
Loss from derivatives issued with debt greater than debt carrying value     -       -       (224,000 )     (224,000 )
Gain (Loss) on fair market valuation of derivatives     -       -       408,200       408,200  
Interest Income (Expense)     -       -       (188,529 )     (188,529 )
Total Other Income (Expense)     -       -       (45,455 )     (45,455 )
Loss before Provision of Income Taxes   $ (299,385 )   $ (168,809 )   $ (1,679,831 )   $ (2,148,025 )
                                 
Total assets at March 31, 2015   $ 6,009,693     $ 794,180     $ 426,508     $ 7,230,381  

 

    3 Months Ended March 31, 2014  
    Hydroponic     Cannabis     Eliminations        
    Produce     Products     and Other     Total  
Total Revenues   $ 457,823     $ -     $ 102,496     $ 560,319  
Cost of Goods Sold     476,139       -       82,090       558,229  
      (18,316 )     -       20,406       2,090  
Selling, general and administrative expenses     266,244       -       1,937,561       2,203,805  
Loss from operations     (284,560 )     -       (1,917,155 )     (2,201,715 )
                                 
Other Income (Expenses)                                
Loss from derivatives issued with debt greater than debt carrying value     -       -       (1,214,000 )     (1,214,000 )
Gain (Loss) on fair market valuation of derivatives     -       -       (1,284,825 )     (1,284,825 )
Interest Income (Expense)     1,737       -       (217,687 )     (215,950 )
Total Other Income (Expense)     1,737       -       (2,716,512 )     (2,714,775 )
Loss before Provision of Income Taxes   $ (282,823 )   $ -     $ (4,633,667 )   $ (4,916,490 )
                                 
Total assets at March 31, 2014   $ 4,595,821     $ -     $ 3,818,060     $ 8,413,881  
    Year Ended December 31, 2014  
    Hydroponic     Cannabis     Eliminations        
    Produce     Products     and Other     Total  
                                 
Total Revenues   $ 6,627,109     $ -     $ 467,161     $ 7,094,270  
Cost of Goods Sold     6,667,967       -       273,311       6,941,278  
      (40,858 )     -       193,850       152,992  
Selling, general and administrative expenses     1,506,684       1,115,577       15,705,530       18,327,791  
Loss from operations     (1,547,542 )     (1,115,577 )     (19,506,200 )     (18,174,799 )
                                 
Other Income (Expenses)                                
Loss from derivatives issued with debt greater than debt carrying value     -       -       (4,808,000 )     (4,808,000 )
Gain (Loss) on fair market valuation of derivatives     -       -       1,912,037       1,912,037  
Interest Income (Expense)     2,232       -       (1,098,557 )     (1,096,325 )
Total Other Income (Expense)     2,232       -       (3,994,520 )     (3,992,288 )
Loss before Provision of Income Taxes   $ (1,545,310 )   $ (1,115,577 )   $ (19,506,200 )   $ (22,167,087 )
                                 
Total assets at December 31, 2014   $ 5,956,861     $ 858,180     $ 904,185     $ 7,719,226  

 

    Year Ended December 31, 2013  
    Hydroponic     Cannabis     Eliminations        
    Produce     Products     and Other     Total  
                                 
Total Revenues   $ 1,936,054     $ -     $ 189,797     $ 2,125,851  
Cost of Goods Sold     1,955,203       -       81,730       2,036,933  
      (19,149 )     -       108,067       88,918  
Selling, general and administrative expenses     201,953       -       3,373,944       3,575,897  
Loss from operations     (221,102 )     -       (3,265,877 )     (3,486,979 )
                                 
Other Income (Expenses)                                
Loss from derivatives issued with debt greater than debt carrying value     -       -       (2,054,000 )     (2,054,000 )
Gain (Loss) on fair market valuation of derivatives     -       -       673,000       673,000  
Interest Income (Expense)     (651 )     -       (1,278,070 )     (1,278,721 )
Total Other Income (Expense)     (651 )     -       (2,659,070 )     (2,659,721 )
Loss before Provision of Income Taxes   $ (221,753 )   $ -     $ (5,924,947 )   $ (6,146,700 )
                                 
Total assets at December 31, 2013   $ 3,250,788     $ -     $ 789,797     $ 4,040,585