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For the six months ended 30 June 2020, Insurance Acquisition Corp revenues was not reported. Net loss totaled $1.2M vs. income of $476K. Net loss reflects Operating expenses increase from $300K to $1.7M (expense), Interest earned on marketable securities decrease of 26% to $706K (income). Basic Earnings per Share excluding Extraordinary Items decreased from $0.02 to -$0.21.
Period Ending: | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0 | 0 |
Gross Profit | ||||
Operating Income | -1.38 | -0.34 | -0.24 | -0.22 |
Net Income | -1.34 | 0.19 | 0.32 | 0.53 |
Period Ending: | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 |
---|---|---|---|---|
Total Assets | 154.18 | 153.92 | 153.72 | 153.22 |
Total Liabilities | 8.75 | 7.14 | 7.13 | 6.96 |
Total Equity | 145.44 | 146.78 | 146.59 | 146.27 |
Period Ending: | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -0.7 | -0.48 | -0.63 | -0.47 |
Cash From Investing Activities | 0.25 | 0.18 | -150.64 | -150.65 |
Cash From Financing Activities | 0.35 | 0 | 151.66 | 151.66 |
Net Change in Cash | -0.1 | -0.3 | 0.38 | 0.54 |
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