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For the six months ended 30 June 2019, TSO3 Inc. revenues increased from $628K to $1.7M. Net loss decreased 10% to $7.6M. Revenues reflect United States segment increase from $272K to $1.3M, Canada segment increase from $101K to $383K. Lower net loss reflects Research and Development decrease of 52% to $1.5M (expense), Selling, general and administrative decrease of 1% to $5M (expense).
Period Ending: | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 |
---|---|---|---|---|
Total Revenue | 0.75 | 0.96 | 1.12 | 0.78 |
Gross Profit | 0.25 | 0.38 | 0.04 | 1.18 |
Operating Income | -4.17 | -3.38 | -2.66 | -2.08 |
Net Income | -4.22 | -3.43 | -2.68 | -2.1 |
Period Ending: | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 |
---|---|---|---|---|
Total Assets | 17.3 | 20.14 | 22.18 | 25.58 |
Total Liabilities | 22.44 | 21.34 | 20.32 | 21.41 |
Total Equity | -5.15 | -1.2 | 1.87 | 4.17 |
Period Ending: | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -3.68 | -1.65 | -21.39 | -18.33 |
Cash From Investing Activities | -0.11 | -0.07 | 6.42 | 6.49 |
Cash From Financing Activities | 0.03 | 0.03 | 19.88 | 19.88 |
Net Change in Cash | -3.76 | -1.69 | 4.92 | 8.04 |
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