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For the nine months ended 30 September 2021, Xfuels Inc revenues increased from $0K to $303K. Net loss increased 20% to $4.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Change in fair value of derivative liabi increase of 11% to $4.1M (expense), General and administrative increase from $35K to $327K (expense).
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Sep 30, 2020 |
---|---|---|---|---|
Total Revenue | 0 | 0.3 | 0 | 0 |
Gross Profit | ||||
Operating Income | -0.21 | -0.12 | -0.01 | -0.04 |
Net Income | -0.74 | -1.02 | -3.17 | -0.86 |
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Sep 30, 2020 |
---|---|---|---|---|
Total Assets | 3.28 | 3.06 | 1.36 | |
Total Liabilities | 6.8 | 7.43 | 7.45 | |
Total Equity | -3.53 | -4.37 | -6.1 |
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Sep 30, 2020 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 9 Months |
Cash From Operating Activities | -0.89 | -0.25 | -0 | -0.21 |
Cash From Investing Activities | ||||
Cash From Financing Activities | 0.89 | 0.25 | 0 | 0.21 |
Net Change in Cash | 0 | 0 | 0 | 0 |
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