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For the nine months ended 30 September 2016,Innovision Labs Inc revenues increased 62% to $262K. Netloss decreased 25% to $2.5M. Revenues reflect an increasein demand for the Company's products and services due tofavorable market conditions. Lower net loss reflectsResearch and development decrease of 69% to $481K (expense), General and administrative decrease of 50% to $413K(expense).
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Revenue | 0.07 | 0.08 | 0.11 | 0.12 |
Gross Profit | 0 | -0.09 | 0.02 | 0.03 |
Operating Income | -0.19 | -0.61 | -0.83 | -1.11 |
Net Income | -0.49 | -0.89 | -1.1 | -1.35 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Assets | 0.61 | 0.89 | 1.82 | 1.53 |
Total Liabilities | 1.79 | 1.64 | 1.66 | 1.32 |
Total Equity | -1.18 | -0.75 | 0.17 | 0.2 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -1.42 | -1.15 | -0.59 | -3.68 |
Cash From Investing Activities | -0.06 | -0.02 | -0.09 | -0.05 |
Cash From Financing Activities | 1.06 | 1.06 | 1.06 | 1.79 |
Net Change in Cash | -0.42 | -0.11 | 0.38 | -1.94 |
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