• Filing Date: 2016-11-15
  • Form Type: 10-Q/A
  • Description: Quarterly report (Amendment)
v3.5.0.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenue        
TPC commission revenue $ 984,676 $ 1,163,088 $ 3,279,690 $ 3,326,636
Product revenue 145,730 156,983 369,451 385,926
Total Revenue 1,130,406 1,320,071 3,649,141 3,712,562
Cost of Sales 100,457 147,546 339,742 307,573
Gross Profit 1,029,949 1,172,525 3,309,399 3,404,989
Operating expenses:        
Selling, general and administrative 2,511,042 1,791,905 7,196,512 5,340,148
Total operating expenses 2,511,042 1,791,905 7,196,512 5,340,148
Operating loss (1,481,093) (619,380) (3,887,113) (1,935,159)
Other income (expense):        
Interest expense (952,157) (146,060) (1,769,083) (256,819)
Gain on change in fair value of derivative liability 462,000 0 658,000 0
Total other expense, net (490,157) (146,060) (1,111,083) (256,819)
Loss before income taxes, non-controlling interest, and discontinued operations (1,971,250) (765,440) (4,998,196) (2,191,978)
Income taxes 0 0 0 0
Loss before non-controlling interest and discontinued operations (1,971,250) (765,440) (4,998,196) (2,191,978)
Discontinued operations        
Loss from discontinued operations 0 0 0 (278,463)
Gain on disposal of LP&L 0 0 0 1,852,884
Income from discontinued operations 0 0 0 1,574,421
Net Loss (1,971,250) (765,440) (4,998,196) (617,557)
Net Loss attributable to non-controlling interest 375,862 (7,046) 82,558 3,423
Net loss attributable to Premier Holding Corporation (1,595,388) (772,486) (4,915,638) (614,134)
Net Loss Attributable to Premier Holding Corporation per share - basic and diluted        
Loss attributable to continuing operations $ (1,595,388) $ (772,486) $ (4,915,638) $ (2,188,555)
Net loss per common share - basic and diluted $ (.01) $ 0.00 $ (.02) $ (.01)
Net Loss Attributable to Premier Holding Corporation per share - basic and diluted        
Loss from discontinued operations $ 0 $ 0 $ 0 $ (278,463)
Net loss per common share from discontinued operations - basic and diluted $ 0 $ 0 $ 0 $ 0.00
Weighted average number of common shares - basic and diluted 254,064,890 187,643,814 231,090,242 187,551,462