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For the nine months ended 30 September 2017, Cannabis Science Inc revenues decreased 26% to $6K. Net loss decreased 15% to $10.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Net loss on settlement of liabilites decrease from $4.1M (expense) to $0K, Depreciation and Amortization decrease of 28% to $42K (expense).
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0 | 0 |
Gross Profit | 0 | 0 | 0 | 0 |
Operating Income | -3.1 | -5.96 | -4.01 | 3.31 |
Net Income | -3.51 | -6.69 | -4.3 | 1.83 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 2.08 | 2.69 | 2.33 | 2.48 |
Total Liabilities | 4.69 | 4.68 | 4.22 | 3.67 |
Total Equity | -2.61 | -1.99 | -1.88 | -1.2 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.63 | -0.41 | 0.32 | -1.69 |
Cash From Investing Activities | -0.33 | -0.33 | -0.33 | -0.01 |
Cash From Financing Activities | 0.65 | 0.73 | 0 | 1.97 |
Net Change in Cash | -0.3 | -0.01 | -0.02 | 0.27 |
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