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For the six months ended 31 December 2018, Optec International Inc revenues decreased 83% to $15K. Net loss increased from $363K to $4.1M. Revenues reflect Optec Fuel Maximizer Units decrease of 96% to $4K, Sub license agreements decrease from $5K to $0K. Higher net loss reflects Change in fair value of derivative increase from $253K to $3.2M (expense), Interest on convertible notes increase from $46K to $736K (expense).
Period Ending: | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 |
---|---|---|---|---|
Total Revenue | 0 | 0.02 | 0 | 0 |
Gross Profit | 0 | 0.01 | 0 | 0 |
Operating Income | -0.06 | -0.07 | -0.08 | -0.02 |
Net Income | -2.95 | -1.16 | -0.52 | -0.44 |
Period Ending: | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 |
---|---|---|---|---|
Total Assets | 1.08 | 0.84 | 0.63 | 0.24 |
Total Liabilities | 5.55 | 3.15 | 1.77 | 1.01 |
Total Equity | -4.46 | -2.31 | -1.14 | -0.78 |
Period Ending: | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -0.22 | -0.06 | -0.28 | -0.12 |
Cash From Investing Activities | -0.71 | -0.61 | -0.11 | -0.09 |
Cash From Financing Activities | 0.91 | 0.67 | 0.42 | 0.22 |
Net Change in Cash | -0.02 | 0 | 0.03 | 0 |
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