Vegalab, Inc. announced consolidated earnings results for the year ended December 31, 2017. For the year, the company reported total revenue of $2,491,391 against $2,115,421 a year ago. Loss from operations was $1,682,632 against $95,279 a year ago. Loss before provision for income taxes was $1,690,815 against $99,325 a year ago. Net loss was $1,673,779 against $116,361 a year ago. Basic and fully diluted loss per weighted-average shares of common stock outstanding was $0.08 against $0.01 a year ago. Net cash used in operating activities was $1,452,388 against $746,575 a year ago. Purchase of fixed assets was $566,460.