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For the six months ended 30 April 2017, Crossroads Systems Inc revenues decreased 92% to $35K. Net loss applicable to common stockholders excluding extraordinary items increased from $216K to $595K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Other income decrease of 74% to $870K (income).
Period Ending: | Apr 30, 2017 | Jan 31, 2017 | Oct 31, 2016 | Jul 31, 2016 |
---|---|---|---|---|
Total Revenue | 0.02 | 0.02 | 0.2 | 0.06 |
Gross Profit | 0.01 | 0.02 | 0.15 | 0.03 |
Operating Income | -0.48 | -0.85 | -0.89 | -1.15 |
Net Income | -0.08 | -0.38 | -0.15 | -0.44 |
Period Ending: | Apr 30, 2017 | Jan 31, 2017 | Oct 31, 2016 | Jul 31, 2016 |
---|---|---|---|---|
Total Assets | 3.83 | 4.62 | 5.6 | 6.32 |
Total Liabilities | 1.22 | 1.96 | 2.51 | 3.2 |
Total Equity | 2.62 | 2.66 | 3.1 | 3.12 |
Period Ending: | Apr 30, 2017 | Jan 31, 2017 | Oct 31, 2016 | Jul 31, 2016 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -1.62 | -0.9 | -8.27 | -7.45 |
Cash From Investing Activities | 0 | 0 | 0.82 | 0.82 |
Cash From Financing Activities | -0.14 | -0.14 | -0.13 | -0.13 |
Net Change in Cash | -1.76 | -1.04 | -7.7 | -6.88 |
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