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For the fiscal year ended 31 December 2017, CannasysInc revenues decreased from $67K to $0K. Net loss increased26% to $6.1M. Revenues reflect a decrease in demand for theCompany's products and services due to unfavorable marketconditions. Higher net loss reflects Loss on issuance ofconvertible debt increase from $1.2M to $2.9M (expense),Interest Exp-Net of Capitalized Interest increase of 49% to$915K (expense).
Period Ending: | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0 | 0 |
Gross Profit | 0 | 0 | 0 | 0 |
Operating Income | -0.12 | -0.39 | -0.17 | -0.26 |
Net Income | -0.98 | -2.09 | -0.45 | -2.6 |
Period Ending: | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 |
---|---|---|---|---|
Total Assets | 0.07 | 0.16 | 0.19 | 0.22 |
Total Liabilities | 0.96 | 0.74 | 0.76 | 0.68 |
Total Equity | -0.88 | -0.58 | -0.58 | -0.46 |
Period Ending: | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 |
---|---|---|---|---|
Period Length: | 12 Months | 9 Months | 6 Months | 3 Months |
Cash From Operating Activities | -0.74 | -0.61 | -0.38 | -0.27 |
Cash From Investing Activities | -0.03 | -0.03 | -0.03 | -0.03 |
Cash From Financing Activities | 0.77 | 0.63 | 0.4 | 0.29 |
Net Change in Cash | 0.01 | -0.01 | -0.01 | -0 |
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