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For the six months ended 30 June 2015, LookSmart, Ltd. revenues decreased 19% to $2M. Net loss decreased 47% to $2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Product development and technical operat decrease of 45% to $1.3M (expense), General and administrative decrease of 51% to $807K (expense).
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Revenue | 1.02 | 0.98 | 0.92 | 1.31 |
Gross Profit | 0.61 | 0.53 | 0.52 | 0.66 |
Operating Income | -1.01 | -0.98 | -1.35 | -1.39 |
Net Income | -0.99 | -0.99 | -1.36 | -1.3 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Assets | 4.67 | 4.49 | 4.76 | 6.22 |
Total Liabilities | 3.71 | 3.2 | 2.34 | 2.3 |
Total Equity | 0.96 | 1.29 | 2.42 | 3.91 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -1.4 | -0.39 | -4.06 | -3.3 |
Cash From Investing Activities | -0.29 | -0.29 | 2.1 | 2.07 |
Cash From Financing Activities | 1.87 | 0.6 | -0.35 | -0.31 |
Net Change in Cash | 0.19 | -0.08 | -2.48 | -1.63 |
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