US Nuclear Corp. Announces Third Quarter 2021 Results

US NUCLEAR CORP. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)             Three Months Ended   Nine Months Ended           September 30,    September 30,            2021   2020   2021   2020                         Sales     $                683,771 $                484,318 $              1,454,153 $              1,108,758 Cost of sales                  357,426                  281,808                  770,780                  596,542 Gross profit                    326,345                  202,510                  683,373                  512,216                         Operating expenses                   Selling, general and administrative expenses                  747,290                1,021,507                2,228,295                2,262,552     Total operating expenses                  747,290                1,021,507                2,228,295                2,262,552                         Loss from operations                 (420,945)                 (818,997)              (1,544,922)              (1,750,336)                         Other income (expense)                   Interest expense                    (3,016)                   (10,905)                    (9,872)                   (36,451)   Change in value of derivative liability                          –                      66,939                          –                      76,774   Amortization of debt discount                          –                     (84,774)                          –                   (327,161)   Equity loss on investment                   (20,422)                    (2,649)                 (835,462)                    (5,698)     Total other income (expense)                   (23,438)                   (31,389)                 (845,334)                 (292,536)                         Loss before provision for income taxes                 (444,383)                 (850,386)              (2,390,256)              (2,042,872)                         Provision for income taxes                          –                            –                            –                            –                           Net loss   $               (444,383) $               (850,386) $            (2,390,256) $            (2,042,872)                         Deemed dividend for downround provision in warrants                          –                            –                     (52,861)                          –                           Net loss attributed to common stockholders $               (444,383) $               (850,386) $            (2,443,117) $            (2,042,872)                         Weighted average shares outstanding – basic and diluted              27,914,302              22,204,663              27,072,892              21,473,288                         Loss per shares – basic and diluted $                    (0.02) $                    (0.04) $                    (0.09) $                    (0.10)     The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.