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For the nine months ended 31 December 2016, Scio Diamond Technology Corp revenues increased from $534K to $1.1M. Net loss decreased 16% to $2.5M. Revenues reflect Licensing revenue increase from $0K to $600K, Product revenue, net remaining flat at $534K. Lower net loss reflects Corporate general and administrative decrease of 44% to $171K (expense), Marketing Costs decrease of 71% to $22K (expense).
Period Ending: | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 |
---|---|---|---|---|
Total Revenue | 0.71 | 0.24 | 0.19 | 0.08 |
Gross Profit | 0.16 | -0.31 | -0.36 | 0.02 |
Operating Income | -0.28 | -0.77 | -1.18 | -0.58 |
Net Income | -0.36 | -0.85 | -1.26 | -0.67 |
Period Ending: | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 |
---|---|---|---|---|
Total Assets | 8.58 | 9.12 | 9.65 | 10.24 |
Total Liabilities | 3.73 | 4.06 | 3.87 | 3.6 |
Total Equity | 4.85 | 5.06 | 5.78 | 6.64 |
Period Ending: | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.41 | -0.52 | -0.35 | -1.93 |
Cash From Investing Activities | 0 | 0 | 0 | -0.29 |
Cash From Financing Activities | 0.4 | 0.33 | 0.23 | 1.65 |
Net Change in Cash | -0.01 | -0.18 | -0.12 | -0.57 |
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