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For the nine months ended 30 September 2018, Elray Resources Inc revenues decreased 31% to $335K. Net loss increased from $362K to $3.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Gain (loss) on derivative liabilities decrease from $674K (income) to $3.1M (expense).
Period Ending: | Dec 31, 2022 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 |
---|---|---|---|---|
Total Revenue | 0.09 | 0.1 | 0.15 | |
Gross Profit | -0.051 | |||
Operating Income | -0.07 | -0.07 | -0.15 | |
Net Income | -3.32 | -0.25 | -0.33 |
Period Ending: | Dec 31, 2022 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 |
---|---|---|---|---|
Total Assets | 0.49 | 0.43 | 0.38 | |
Total Liabilities | 16.03 | 14.76 | 11.38 | 11.08 |
Total Equity | -14.27 | -10.95 | -10.71 |
Period Ending: | Dec 31, 2022 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 |
---|---|---|---|---|
Period Length: | 0 Months | 9 Months | 6 Months | 3 Months |
Cash From Operating Activities | -0.01 | -0.01 | -0.01 | |
Cash From Investing Activities | 0 | 0 | ||
Cash From Financing Activities | 0.01 | 0.01 | 0.01 | |
Net Change in Cash | -0.01 | -0.01 | -0 |
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