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For the nine months ended 30 September 2016, Viatar CTC Solutions Inc revenues decreased from $38K to $0K. Net loss applicable to common stockholders increased from $2.9M to $6.6M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects General and administrative increase from $942K to $2.6M (expense), Research and development increase of 88% to $3.6M
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0 | 0.03 |
Gross Profit | 0 | 0 | 0 | 0.02 |
Operating Income | -1.34 | -4.85 | -1.32 | -1.15 |
Net Income | -1.4 | -4.97 | -1.37 | -1.19 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Assets | 1.34 | 2.69 | 4.33 | 1.41 |
Total Liabilities | 3.17 | 3.23 | 3.17 | 3.11 |
Total Equity | -1.84 | -0.54 | 1.16 | -1.7 |
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 | -3.96 | -2.68 | -1.13 | -2.46 |
Cash From Investing Activities | -0.12 | 0.01 | 0.18 | 0.06 |
Cash From Financing Activities | 4.2 | 4.2 | 4.2 | 2.87 |
Net Change in Cash | 0.12 | 1.53 | 3.25 | 0.48 |
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