Attached files
| file | filename |
|---|---|
| EX-99.4 - NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS - VERITEQ | f8k051116a1ex99iv_veriteq.htm |
| EX-99.3 - CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE THREE MONTHS ENDED MARCH 31, 2016 AND 2015 (UNAUDITED) - VERITEQ | f8k051116a1ex99iii_veriteq.htm |
| EX-99.1 - CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2016 (UNAUDITED) AND DECEMBER 31, 2015 - VERITEQ | f8k051116a1ex99i_veriteq.htm |
| 8-K/A - AMENDMENT NO.1 TO CURRENT REPORT - VERITEQ | f8k051116a1_veriteqcorp.htm |
Exhibit 99.2
| BRACE SHOP, LLC | ||||||||
| CONSOLIDATED STATEMENTS OF OPERATIONS | ||||||||
| (UNAUDITED) | ||||||||
| For the Three Months Ended March 31, | ||||||||
| 2016 | 2015 | |||||||
| REVENUES: | ||||||||
| Retail sales | $ | 1,683,624 | $ | 1,698,752 | ||||
| Total Revenue | 1,683,624 | 1,698,752 | ||||||
| COST OF RETAIL SALES: | 1,079,936 | 1,104,380 | ||||||
| GROSS PROFIT | 603,688 | 594,372 | ||||||
| OPERATING EXPENSES: | ||||||||
| General and administrative expenses | 138,784 | 62,808 | ||||||
| Marketing and promotion | 347,871 | 345,694 | ||||||
| Payroll expenses | 231,539 | 173,776 | ||||||
| Credit card processing | 57,684 | 60,791 | ||||||
| Total Operating Expenses | 775,878 | 643,069 | ||||||
| LOSS FROM OPERATIONS | (172,190 | ) | (48,697 | ) | ||||
| OTHER INCOME (EXPENSES): | ||||||||
| Other Income (Expense) | (147,059 | ) | - | |||||
| Sublease Income | 5,862 | 1,125 | ||||||
| Gain on Extinguishment of Debt | 8,963 | - | ||||||
| Interest Expense | (205,555 | ) | (12,328 | ) | ||||
| Total Other Income (Expense) | (337,789 | ) | (11,203 | ) | ||||
| NET LOSS | $ | (509,979 | ) | $ | (59,900 | ) | ||
See accompanying notes to unaudited consolidated financial statements.