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For the nine months ended 30 September 2016, Cornerworld Corp revenues decreased 78% to $84K. Net loss before extraordinary items decreased 5% to $61K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Selling, general and administrative expe decrease of 64% to $100K (expense), Other income (expense), net) remaining flat at $0K.
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Revenue | 0.03 | 0.05 | 0.06 | 0.41 |
Gross Profit | 0.03 | 0.04 | 0.05 | 0.25 |
Operating Income | -0.01 | -0.03 | -0.02 | -0.1 |
Net Income | -0.02 | -0.05 | -0.03 | 0.01 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Assets | 0 | 0.01 | 0.02 | 0.04 |
Total Liabilities | 0.87 | 0.87 | 0.86 | 0.83 |
Total Equity | -0.87 | -0.86 | -0.84 | -0.79 |
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 | 0.02 | 0.02 | -0.09 |
Cash From Investing Activities | 0 | |||
Cash From Financing Activities | -0.02 | -0.02 | 0 | |
Net Change in Cash | -0 | -0 | 0 | -0.09 |
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