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For the nine months ended 30 September 2017,Intelligent Highway Solutions Inc revenues increased from$0K to $3.2M. Net income totaled $7.9M vs. loss of $439K.Revenues reflect an increase in demand for the Company'sproducts and services due to favorable market conditions.Net Income reflects Gain (loss) on derivative fair valueadj increase from $350K to $10.1M (income).
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 1.19 | 1.4 | 0.63 | 0 |
Gross Profit | 0.04 | 0.02 | 0.07 | 0 |
Operating Income | -0.63 | -0.24 | -0.29 | -0.13 |
Net Income | -1.9 | 0.63 | 9.17 | -11.29 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 2.43 | 2.41 | 2.75 | 0 |
Total Liabilities | 8.8 | 7.35 | 8.64 | 15.27 |
Total Equity | -6.37 | -4.94 | -5.89 | -15.26 |
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 | -0.16 | -0.06 | -0.07 | -0.11 |
Cash From Investing Activities | 0.16 | 0.16 | 0.16 | |
Cash From Financing Activities | 0.13 | -0 | 0 | 0.11 |
Net Change in Cash | 0.13 | 0.1 | 0.1 | 0 |
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