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For the three months ended 31 March 2015, Silverback United Inc revenues increased from $1K to $25K. Net loss increased 4% to $398K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Compensation increase from $20K to $107K (expense), General and administrative expenses increase of 95% to $46K (expense).
Period Ending: | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Total Revenue | 0.02 | 0.01 | 0.01 | 0.01 |
Gross Profit | 0 | 0.01 | 0 | 0 |
Operating Income | -0.19 | -0.23 | -0.3 | -0.86 |
Net Income | -0.4 | -0.34 | -0.42 | -1.41 |
Period Ending: | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Total Assets | 0.05 | 0.05 | 0.11 | 0.05 |
Total Liabilities | 1.15 | 0.97 | 1.07 | 0.76 |
Total Equity | -1.1 | -0.92 | -0.96 | -0.71 |
Period Ending: | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | -0.11 | -0.51 | -0.37 | -0.19 |
Cash From Investing Activities | -0 | -0 | ||
Cash From Financing Activities | 0.1 | 0.53 | 0.45 | 0.21 |
Net Change in Cash | -0 | 0.01 | 0.08 | 0.02 |
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