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For the fiscal year ended 31 December 2016, Hybrid Coating Technologies Inc revenues increased from $6K to $232K. Net loss decreased 32% to $4.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects (Gain) loss on settlement of payables decrease from $1.8M (expense) to $390K (income), General and administrative decrease of 44% to $1.1M (expense).
Period Ending: | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 |
---|---|---|---|---|
Total Revenue | 0.06 | 0 | 0.02 | 0.15 |
Gross Profit | 0.03 | -0.01 | 0.01 | 0.07 |
Operating Income | -0.98 | 2.42 | -0.61 | -3.87 |
Net Income | -1.54 | 1.93 | -0.79 | -4.18 |
Period Ending: | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 |
---|---|---|---|---|
Total Assets | 2.12 | 2.64 | 2.8 | 2.87 |
Total Liabilities | 9.88 | 10.13 | 9.29 | 9.06 |
Total Equity | -7.75 | -7.49 | -6.49 | -6.19 |
Period Ending: | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 |
---|---|---|---|---|
Period Length: | 12 Months | 9 Months | 6 Months | 3 Months |
Cash From Operating Activities | -0.97 | -0.76 | -0.34 | -0.26 |
Cash From Investing Activities | -0.01 | -0.01 | -0.01 | -0.01 |
Cash From Financing Activities | 0.95 | 0.78 | 0.36 | 0.25 |
Net Change in Cash | -0.02 | 0.01 | 0.01 | -0.02 |
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