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NUVILEX, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
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3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
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Jan. 31, 2012
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Jan. 31, 2011
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Jan. 31, 2012
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Jan. 31, 2011
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| Revenues | ||||
| Product sales | $ 20,271 | $ 32,022 | $ 59,877 | $ 74,851 |
| Total revenue | 20,271 | 32,022 | 59,877 | 74,851 |
| Cost of revenues | 2,211 | 21,980 | 23,922 | 31,761 |
| Gross profit | 18,060 | 10,042 | 35,955 | 43,090 |
| Expenses | ||||
| Sales and marketing | 0 | 1,005 | 128,730 | 8,005 |
| Compensation expense | 396,476 | 0 | 1,024,803 | 0 |
| Legal & professional fees | 0 | 0 | 59,587 | 0 |
| General and administrative | 31,565 | 77,818 | 289,147 | 202,372 |
| Total operating expenses | 428,041 | 78,816 | 1,502,267 | 210,377 |
| Net loss from operations | (409,981) | (68,774) | (1,466,312) | (167,287) |
| Other income (expense) | ||||
| Gain on forgiveness of debt | 173,960 | 0 | 173,960 | 0 |
| Interest expense | (35,756) | (55,327) | (102,597) | (136,893) |
| Total other income (expense) | 138,204 | (55,327) | 71,363 | (136,893) |
| Net loss | $ (271,777) | $ (124,101) | $ (1,394,949) | $ (304,180) |
| Basic loss per share | $ 0.00 | $ 0.00 | $ (0.01) | $ 0.00 |
| Weighted average shares outstanding | 373,337,581 | 348,387,581 | 371,867,725 | 348,387,581 |