Toughbuilt industries, inc (TBLT)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16
Revenues, net of allowances
Total revenues, net of allowances

19,090

15,289

14,201

-

Total Revenues, Net of Allowances

-

-

-

9,216

Cost of Goods Sold
Total cost of goods sold

13,475

11,794

10,234

7,501

Gross profit

5,614

3,495

3,966

1,715

Operating expenses:
Selling, general and administrative expenses

12,078

6,937

6,070

4,397

Litigation expense

-

1,192

-

-

Research and development

2,116

1,816

1,675

1,247

Total operating expenses

14,194

9,946

7,745

5,645

Loss from operations

-8,580

-6,451

-3,778

-3,929

Other income (expense)
Inducement cost for debt conversions

-

3,542

-

-

Interest expense

972

3,321

1,073

802

Amortization of debt issuances and debt discounts

-

-

-1,089

-

Change in fair value of warrant derivative

5,251

-14,336

-

-

Total other income (expense)

4,279

-21,200

-2,162

-802

Loss before provision for income taxes

-4,300

-27,651

-5,941

-4,732

Provision for income taxes

-

-

-

0

Net income (loss)

-4,300

-27,651

-5,941

-4,732

Accretion of Redeemable Convertible Preferred Stock Dividend

-

-3,667

-

-

Common stock deemed dividend

-

-980

-

-

Net loss attributable to common stockholders

-4,300

-32,299

-5,941

-

Basic and Diluted Net Loss Per Share

-0.14

-7.22

-1.61

-1.34

Basic weighted average common shares outstanding

31,007

4,476

3,679

3,519

Metal Goods [Member]
Total revenues, net of allowances

8,987

7,174

6,470

-

Total cost of goods sold

6,285

5,897

4,892

-

Soft Goods [Member]
Total revenues, net of allowances

10,102

8,114

7,730

-

Total cost of goods sold

7,190

5,896

5,342

-