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For the nine months ended 30 September 2016, Solar Wind Energy Tower Inc revenues was not reported. Net income totaled $1.4M vs. loss of $2.6M. Net income reflects Loss on change in fair value of derivati increase from $25K (expense) to $2.8M (income), Interest expense decrease of 43% to $974K (expense), Selling, General & Administrative decrease of 68% to $230K (expense).
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0 | 0 |
Gross Profit | ||||
Operating Income | -0.11 | -0.15 | -0.15 | -0.43 |
Net Income | -0.23 | -0.26 | 1.87 | -2.57 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Assets | 0.21 | 0.21 | 0.21 | 0.22 |
Total Liabilities | 4.17 | 3.98 | 3.81 | 5.94 |
Total Equity | -3.97 | -3.77 | -3.61 | -5.73 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.11 | -0.11 | -0.11 | -0.99 |
Cash From Investing Activities | 0 | 0 | 0 | -0.07 |
Cash From Financing Activities | 0.1 | 0.1 | 0.1 | 0.98 |
Net Change in Cash | -0.01 | -0.01 | -0.01 | -0.08 |
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