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For the nine months ended 30 September 2015, US Rare Earths Inc revenues was not reported. Net loss before extraordinary items decreased 35% to $3.8M. Lower net loss reflects Selling, general and administrative expe decrease of 31% to $3.3M (expense), Exploration expense decrease of 59% to $234K (expense), Loss on legal settlement decrease of 95% to $18K (expense).
Period Ending: | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0 | 0 |
Gross Profit | 0 | 0 | ||
Operating Income | -0.97 | -1.52 | -1.09 | -1.67 |
Net Income | -1.03 | -1.64 | -1.1 | -1.7 |
Period Ending: | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Total Assets | 0.29 | 0.23 | 0.76 | 0.7 |
Total Liabilities | 5.47 | 4.86 | 4.22 | 3.64 |
Total Equity | -5.18 | -4.63 | -3.46 | -2.94 |
Period Ending: | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.46 | -0.31 | -0.17 | -2.67 |
Cash From Investing Activities | 0 | 0 | 0 | -0.02 |
Cash From Financing Activities | 0.32 | 0.18 | 0.04 | 0.62 |
Net Change in Cash | -0.14 | -0.13 | -0.14 | -2.07 |
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