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For the six months ended 30 June 2016, Lattice Inc. revenues decreased 5% to $3.7M. Net loss applicable to common stockholders increased 9% to $1.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Derivative income (expense) decrease from $562K (income) to $7K (expense), Interest expense increase of 66% to $546K (expense).
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Total Revenue | 1.32 | 2.43 | 1.76 | 1.9 |
Gross Profit | 0.39 | 1.21 | 0.55 | 0.61 |
Operating Income | -0.67 | -0 | -2.28 | -0.78 |
Net Income | -0.92 | -0.23 | -3.48 | -0.99 |
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Total Assets | 3.01 | 3.63 | 3.46 | 4.89 |
Total Liabilities | 10.63 | 11.16 | 10.83 | 8.85 |
Total Equity | -7.62 | -7.53 | -7.37 | -3.96 |
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 | -0.31 | -0.4 | -0.78 | -0.93 |
Cash From Investing Activities | -0 | -0 | 0.02 | 0.01 |
Cash From Financing Activities | 0.26 | 0.33 | 0.7 | 0.75 |
Net Change in Cash | -0.06 | -0.09 | -0.07 | -0.17 |
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