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For the three months ended 31 March 2018, Old API Wind-Down Ltd revenues increased 47% to $38.1M. Net loss decreased 28% to $19.7M. Revenues reflect Product revenues, net increase from $6.7M to $34M. Lower net loss reflects Selling/General/Admin. Expense decrease of 12% to $24.7M (expense), Stock-based Compensation in SGA decrease of 38% to $1.8M (expense), Research and Development Expense decrease of 59% to $37K (expense).
Period Ending: | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Total Revenue | 38.08 | 28.02 | 24.34 | 27.62 |
Gross Profit | 26.55 | 23.27 | 21.28 | 24.67 |
Operating Income | -14.07 | -37.96 | -17.44 | -20.42 |
Net Income | -19.74 | -45.77 | -24.44 | -27.52 |
Period Ending: | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Total Assets | 481.18 | 453.48 | 471.27 | 488.51 |
Total Liabilities | 487.76 | 438.26 | 412.15 | 413.49 |
Total Equity | -6.58 | 15.22 | 59.12 | 75.03 |
Period Ending: | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Period Length: | 3 Months | 0 Months | 9 Months | 6 Months |
Cash From Operating Activities | 18.58 | -28.79 | -19.19 | -4.11 |
Cash From Investing Activities | -0.03 | -1.51 | -1.39 | -1.4 |
Cash From Financing Activities | -3.37 | -6.23 | -4.03 | -3.87 |
Net Change in Cash | 14.99 | -36.05 | -24.21 | -9.17 |
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