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For the nine months ended 30 September 2018, LongBlockchain Corp revenues decreased 39% to $2.4M. Net lossdecreased 58% to $4.9M. Revenues reflect a decrease indemand for the Company's products and services due tounfavorable market conditions. Lower net loss reflectsSelling and marketing expenses decrease of 78% to $1.4M(expense), General and administrative expenses decrease of35% to $3.4M (expense).
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Revenue | 0.83 | 0.84 | 0.7 | 0.53 |
Gross Profit | 0.18 | -0.05 | 0.18 | -0.41 |
Operating Income | -0.26 | -1.72 | -2.07 | -2.87 |
Net Income | -0.74 | -1.87 | -2.25 | -3.62 |
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Assets | 12.96 | 11.28 | 11.56 | 3.24 |
Total Liabilities | 4.15 | 3.69 | 4.59 | 3.53 |
Total Equity | 8.82 | 7.6 | 6.97 | -0.29 |
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -2.38 | -2.1 | -1.45 | -9.39 |
Cash From Investing Activities | 0 | 0 | 0 | 2.43 |
Cash From Financing Activities | 2.49 | 2.04 | 1.08 | 6.09 |
Net Change in Cash | 0.11 | -0.05 | -0.37 | -0.88 |
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