Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations and Comprehensive Loss (Unaudited)

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Condensed Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Net revenues $ 15,980 $ 0
Cost of sales - related party 12,600 0
Gross profit 3,380 0
Operating Expenses:    
General and administration 704,087 1,196,138
Professional and consulting 1,880,147 111,557
Research and development 15,000 75,000
Total operating expenses 2,599,234 1,382,695
Loss from Operations (2,595,854) (1,382,695)
Other Income (Expenses):    
Derivative (loss) gain (1,454,729) 420,150
Gain on settlement of debt, net 3,007,629 0
Interest expense (366,913) (111,301)
Total Other Expenses, net 1,185,987 308,849
Loss Before Provision for Income Taxes (1,409,867) (1,073,846)
Provision for income tax 0 0
Net Loss (1,409,867) (1,073,846)
Net Loss attributable to non-controlling interest 35,604 0
Net Loss Attributable to Exactus, Inc. (1,374,263) (1,073,846)
Deemed dividend on Preferred Stock (904,450) 0
Net loss available to Exactus, Inc. common stockholders $ (2,278,713) $ (1,073,846)
Net Loss per Common Share - Basic and Diluted $ (.07) $ (.24)
Net Loss attributable to non-controlling interest per Common Share - Basic and Diluted (0) 0
Net Loss available to Exactus, Inc. common stockholders per Common Share - Basic and Diluted $ (.12) $ (.24)
Weighted Average Number of Common Shares Outstanding: Basic and Diluted 19,485,557 4,522,422