LivingVentures, Inc. - FORM 10-Q - XML - IDEA: XBRL DOCUMENT - August 12, 2011



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v2.3.0.11
Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenue $ 1,502,572 $ 2,786,384 $ 2,346,752 $ 3,057,634
Cost of Revenue (1,380,493) (2,561,390) (2,154,227) (2,812,513)
GrossProfit 122,079 224,994 192,525 245,121
Operating Expenses        
Professional fees 19,698 8,252 40,247 22,532
Salary expense 62,173 35,691 140,537 75,434
General and administrative 66,007 56,457 114,811 85,301
Total Operating Expenses 147,878 100,400 295,595 183,267
Loss/Profit from Operations (25,799) 124,594 (103,070) 61,854
Other income 727 610 8,037 1,774
Bad debt provision written back 0 43,522 0 43,522
Interest income 116 17 190 43
Interest Expense (34,095) (16,670) (60,513) (30,240)
Total other income (loss) (33,252) 27,479 (52,286) 15,099
Net loss/profit before provision for Income taxes (59,051) 152,073 (155,356) 76,953
Provision for Income Taxes 0 (29,105) 0 (29,105)
Net Loss $ (59,051) $ 122,968 $ (155,356) $ 47,848
Net loss per share - basic and diluted $ 0.00 $ 0.01 $ (0.01) $ 0.00
Weighted average number of shares outstanding during the period - basic and diluted 24,580,000.00 24,580,000 24,580,000 24,580,000

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