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For the nine months ended 30 September 2019, UnitedCannabis Corp revenues increased from $4.3M to $13.1M. Netloss decreased 17% to $17.4M. Revenues reflect Productrevenues increase from $3.9M to $12.8M, Revenues, affiliateincrease from $42K to $233K. Lower net loss reflects Labor& Related Expenses in SGA decrease of 83% to $1.7M(expense), General and administrative decrease of 25% to$6.2M (expense).
Period Ending: | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Revenue | 4.72 | 3.96 | 4.41 | 2.98 |
Gross Profit | -1.78 | 1.37 | 0.9 | 0.22 |
Operating Income | -11.74 | -2.63 | -1.68 | -2.69 |
Net Income | -12.53 | -3.07 | -1.83 | -3.16 |
Period Ending: | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Assets | 9.05 | 15.08 | 12.18 | 12.89 |
Total Liabilities | 14.5 | 9.56 | 6.23 | 5.33 |
Total Equity | -5.45 | 5.52 | 5.95 | 7.57 |
Period Ending: | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -4.94 | -2.89 | -0.13 | -7.25 |
Cash From Investing Activities | -2.03 | -1.53 | -0.97 | -2.71 |
Cash From Financing Activities | 6.87 | 4.88 | 0.89 | 9.8 |
Net Change in Cash | -0.1 | 0.46 | -0.21 | -0.16 |
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