4:50 PM 03/30/16 Accrual Basis Ordinary Income/Expense Income Sales Clickbank Profit & Loss December 2015 through February 2016 Dec 15 Jan 16 Feb 16 TOTAL MID Other Stripe Stripe2 Sales - Other Total Sales Sales Adjustments Adjustment Chargebacks 15,248.01 0.00 59,288.07 14,718.00 6.600.00 0.00 0.00 0.00 0.00 + 14,860.00 1,191.36 17.00 95,854.68 16,088.36 15,808.32 31,050.33 1.94 1.94 0.00 59,288.07 10,541.36 40,119.36 0.00 7,791.96 97.00 114.00 28,448.62 138,371.66 0.00 -706.86 -68.00 0.00 0.00 -68.00 0.00 -706.86 Refunds Test Orders Total Sales Adjustments Total Income Cost of Goods Sold Event Expenses -298.10 12,267.07 -241.92 0.00 -104.95 0.00 11.727.05 -104.95 -1.004.96 12,094.12 -241.92 10,847.24 94,849.72 28,162.48 26,206.70 22,143.00 16,285.09 Event Speakers 0.00 2,000.00 Merchant Fee 0.00 Merchant/Paypal Fees 1,421.22 Product Costs 1,079.83 0.00 Total COGS Gross Profit Expense Ask My Account Employee Costs Continuing Education Outsourced Labor 24,044.05 19,072.08 70,205.67 0.00 0.00 3.497.00 8,490.40 24,865.27 19,326.84 27,403.96 1,000.00 4,583.49 0.00 2,573.34 13,307.56 1,765.90 122.50 612.20 38.50 423.26 578.78 808.21 0.00 1,000.00 17.90 323.53 0.00 1,341.43 149,218.90 38,428.09 3,000.00 596.68 2,552.96 1,079.83 45,057.50 103,561.34 Payroll Costs FICA FUTA SUTA 1,387.47 26.25 268.14 Payroll Costs Other 17,875.02 Total Payroll Costs 19.536.88 11,541.66 25,583.98 23,083.32 25.310.98 Payroll Fees 140.25 Payroll Tax 2,997.28 Programming Labor 5,070.00 316.34 0.00 4,500.00 170.24 45.50 2,867.50 48,730.80 1,000.00 10,853.83 16,440.93 187.25 1,303.66 52,500.00 70.431.84 626.83 3,042.78 12,437.50 Total Employee Costs 31.241.41 35,983.81 30,967.56 98,192.78 General & Administrative Costs Auto 1,352.83 Bank Charges 10.00 Dues and Subscription 49.00 1,426.28 10.00 44.97 1,251.70 10.00 4,030.79 30.00 0.00 93.97 Insurance 95.38 2,183.38 227.40 2,500.16 Legal & Professional Fees 4,200.00 3,850.00 0.00 8,050.00 Office Supplies 4,959.83 4,578.02 17,220.02 26,757.87 Shipping and Postage 105.00 05.00 1,195.15 1,365.15 Telephone Expense 0.00 0.00 27.59 27.59 Total General & Administrative Costs 10,772.04 12,157.63 19,931.98 42,861.53 IT Costs Domain 21.36 62.52 0.00 83.88 Software Services 3,677.82 9,313.19 3,377.43 16.368.44 Web Hosting 447.48 Website Development 29.95 574.15 228.95 375.81 199.00 1,307.42 457.90 Total IT Costs 4.176.59 10,178.81 3.852.24 18,307.64 Occupancy Costs Repairs & Maintenance 2,867.26 Utilities 133.34 648.02 289.92 175.61 0.00 3,690.89 423.26 Total Occupancy Costs 3,000.00 937.94 175.61 4,114.15 Sales & Marketing Advertising 5,415.21 6,304.94 Affiliate Commissions 1,300.00 2,345.00 Content 1,500.00 Email Marketing 627.00 0.00 723.00 3,036.80 1,700.00 0.00 14,758.95 5,345.00 1,500.00 Market Research & Testing 9,497.37 6,620.87 479.00 1,653.18 1,829.00 17,771.42 Meals And Entertainment 3,988.15 1,006.43 2,718.66 7,713.24 Retargeting 1,022.42 Social Media 383.90 Travel 0,418.40 0.00 3,050.02 3,335.55 0.00 13,078.73 4,424.37 1,022.42 16,512.71 Total Sales & Marketing 30,152.51 23,385.81 27,000.74 Total Expense Net Ordinary Income 79,343.15 101,970.84 109,521.97 14,178.32 80,629.06 290,835.96 -9,137.48 -93,480.44 -84,656.70 -187,274.62 Page 1