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For the six months ended 30 June 2015, HKN, Inc.revenues decreased 53% to $212K. Net loss applicable tocommon stockholders excluding extraordinary items increasedfrom $1.1M to $3.5M. Revenues reflect a decrease in demandfor the Company's products and services due to unfavorablemarket conditions. Higher net loss reflects Selling,general and administrative increase from $827K to $2.5M(expense).
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Revenue | 0.13 | 0.08 | 0.19 | 0.34 |
Gross Profit | 0.09 | 0.04 | 0.15 | 0.28 |
Operating Income | -1.18 | -2.25 | -19.48 | -0.72 |
Net Income | -1.22 | -2.4 | -19.12 | -3.75 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Assets | 25.56 | 28.6 | 34.98 | 53.73 |
Total Liabilities | 2.19 | 3.48 | 4.89 | 5.97 |
Total Equity | 23.37 | 25.12 | 30.09 | 47.76 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -4.88 | -2.92 | -2.43 | -1.98 |
Cash From Investing Activities | -0.46 | -0.37 | 3.8 | -2.48 |
Cash From Financing Activities | -0.23 | -0.15 | -1.17 | -0.97 |
Net Change in Cash | -5.57 | -3.44 | 0.2 | -5.43 |
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