Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.23.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net revenues $ 3,538,095 $ 2,825,937 $ 14,843,210 $ 7,576,693
Operating expenses:        
Direct costs of revenues 1,806,517 1,823,473 5,493,670 4,769,789
General and administrative expenses 2,275,755 1,809,835 6,851,183 5,262,338
Depreciation and amortization 56,796 117,441 250,288 351,481
Total operating expenses 4,139,068 3,750,749 12,595,141 10,383,608
Income (loss) from continuing operations before other income (expense), income taxes and net loss attributable to noncontrolling interest (600,973) (924,812) 2,248,069 (2,806,915)
Other income (expense):        
Other income, net 281,963 129,451 537,077 87,170
Gain from forgiveness of debt 200,000 334,819
Gain (loss) from legal settlements, net 60,808 286,719 (15,410)
Interest expense (420,551) (605,312) (1,404,298) (1,705,502)
Total other income (expense), net (138,588) (415,053) (380,502) (1,298,923)
Income (loss) from continuing operations before income taxes, including noncontrolling interest (739,561) (1,339,865) 1,867,567 (4,105,838)
Benefit (provision) for income taxes 184,524 (332,476)
Net income (loss) from continuing operations, including noncontrolling interest (555,037) (1,339,865) 1,535,091 (4,105,838)
Net loss from discontinued operations (1,116) (1,696) (9,213) (7,075)
Net income (loss), including noncontrolling interest (556,153) (1,341,561) 1,525,878 (4,112,913)
Net loss attributable to noncontrolling interest 7,924 9,286
Net income (loss) attributable to Rennova (548,229) (1,341,561) 1,535,164 (4,112,913)
Deemed dividends (330,876,369)
Net income (loss) available to common stockholders $ (548,229) $ (1,341,561) $ 1,535,164 $ (334,989,282)
Net income (loss) per share of common stock available to common stockholders - basic:        
Continuing operations $ (0.00) $ (0.00) $ 0.00 $ (0.08)
Discontinued operations (0.00) (0.00) (0.00) (0.00)
Total basic (0.00) (0.00) 0.00 (0.08)
Net income (loss) per share of common stock available to common stockholders - diluted:        
Continuing operations (0.00) (0.00) 0.00 (0.08)
Discontinued operations (0.00) (0.00) (0.00) (0.00)
Total diluted $ (0.00) $ (0.00) $ 0.00 $ (0.08)
Weighted average number of shares - basic 31,401,420,083 10,569,572,256 30,369,571,341 4,130,876,898
Weighted average number of shares - diluted 31,401,420,083 10,569,572,256 503,057,511,874 4,130,876,898