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For the nine months ended 31 December 2019,Medifocus Inc. revenues decreased 25% to $1.6M. Net lossincreased 48% to $1.4M. Revenues reflect Services decreaseof 22% to $1.1M, Products decrease of 29% to $557K. Highernet loss reflects General and administrative increase of16% to $1M (expense), Other income (expense) decrease from$81K (income) to $19K (expense), Research and developmentincrease of 2% to $75K (expense).
Period Ending: | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 |
---|---|---|---|---|
Total Revenue | 0.53 | 0.53 | 0.56 | 0.61 |
Gross Profit | 0.16 | 0.17 | 0.17 | 0.15 |
Operating Income | -0.18 | -0.25 | -0.18 | -0.25 |
Net Income | -0.45 | -0.51 | -0.45 | -0.52 |
Period Ending: | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 |
---|---|---|---|---|
Total Assets | 1.38 | 1.47 | 1.64 | 1.77 |
Total Liabilities | 13.66 | 13.3 | 12.96 | 12.64 |
Total Equity | -12.28 | -11.83 | -11.32 | -10.87 |
Period Ending: | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.13 | -0.12 | -0.07 | 0.13 |
Cash From Investing Activities | -0 | 0 | -0.01 | |
Cash From Financing Activities | 0 | 0 | ||
Net Change in Cash | -0.08 | -0.11 | -0.05 | 0.07 |
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