Red Cat Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Note 14 - Segment Information: Schedule of Revenues by Oil Service Operations and Litigation (Tables)

12 Months Ended

Dec. 31, 2015

The table below illustrates the Company's results by reporting segment for the years ended December 31, 2015 and 2014:

	12/31/2015	12/31/2014
Revenue

Oil service operations	59,404	39,720
Litigation	0	2,374

Total Revenue	59,404	42,094

	12/31/2015	12/31/2014
Cost of Sales

Oil service operations	49,769	20,084
Litigation	0	0

Total Product Cost	49,769	20,084

	12/31/2015	12/31/2014
Operating Cost

Oil service operations	34,665	310,977
Litigation	644	36,399

Total Operating Cost	35,309	347,376

	12/31/2015	12/31/2014
Net Operating Income(Loss)

Oil service operations	(25,030)	(273,341)
Litigation	(644)	(34,025)

Total Net Operating Income(Loss)	(25,674)	(307,366)