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For the nine months ended 30 September 2017, FBEC Worldwide Inc revenues decreased 37% to $1K. Net loss increased from $173K to $1.8M. 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 liability decrease from $832K (income) to $690K (expense).
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0 | 0 |
Gross Profit | 0 | 0 | 0 | 0 |
Operating Income | -0.1 | -0.21 | -1.19 | 0.22 |
Net Income | -0.83 | -0.34 | -0.68 | 0.36 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 0.09 | 0.09 | 0.14 | 0.11 |
Total Liabilities | 1.82 | 1.2 | 1.18 | 2.53 |
Total Equity | -1.73 | -1.11 | -1.04 | -2.42 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.19 | -0.19 | -0.12 | -0.21 |
Cash From Investing Activities | 0 | 0 | 0 | -0 |
Cash From Financing Activities | 0.13 | 0.13 | 0.13 | 0.23 |
Net Change in Cash | -0.06 | -0.06 | 0.02 | 0.02 |
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