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For the six months ended 30 June 2016, Soul and Vibe Interactive Inc revenues decreased 48% to $2K. Net loss increased from $577K to $1.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Gain (Loss) on Derivative decrease from $524K (income) to $1.2M (expense), Professional fees increase of 8% to $217K (expense).
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0 | 0 |
Gross Profit | -0.03 | -0.04 | -0.02 | -0.02 |
Operating Income | -0.16 | -0.1 | 0.02 | 0.51 |
Net Income | -1.42 | -0.26 | -0.27 | -1.31 |
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Total Assets | 0.41 | 0.42 | 0.45 | 0.43 |
Total Liabilities | 3.58 | 2.37 | 2.45 | 2.69 |
Total Equity | -3.17 | -1.95 | -2 | -2.26 |
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -0.13 | -0.09 | -0.25 | -0.22 |
Cash From Investing Activities | -0.04 | -0.01 | -0.09 | -0.07 |
Cash From Financing Activities | 0.16 | 0.1 | 0.32 | 0.26 |
Net Change in Cash | -0.01 | -0 | -0.02 | -0.03 |
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