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For the nine months ended 30 September 2017, Omagine Inc revenues was not reported. Net loss decreased 32% to $1.5M. Lower net loss reflects Professional fees decrease of 85% to $52K (expense), Travel decrease of 63% to $146K (expense), Officers & directors compensation decrease of 4% to $266K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.11 to -$0.07.
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0 | 0 |
Gross Profit | ||||
Operating Income | -0.37 | -0.84 | -0.53 | -0.55 |
Net Income | -0.5 | -0.96 | -0.59 | -0.77 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 718.69 | 718.71 | 718.7 | 718.86 |
Total Liabilities | 290.04 | 289.77 | 289.54 | 289.76 |
Total Equity | 428.65 | 428.94 | 429.15 | 429.1 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.41 | -0.36 | -0.21 | -1.52 |
Cash From Investing Activities | 0 | 0 | 0 | 0 |
Cash From Financing Activities | 0.18 | 0.14 | -0.02 | 1.43 |
Net Change in Cash | -0.23 | -0.22 | -0.22 | -0.1 |
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