v3.19.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
REVENUE $ 302 $ 19,998
COST OF REVENUE 237 19,258
GROSS PROFIT 65 740
OPERATING EXPENSES    
General and administrative 490 871
TOTAL OPERATING EXPENSES 490 871
OPERATING LOSS (425) (131)
OTHER INCOME (EXPENSE)    
Other Income (expense) 220 (25)
Interest expense (60) (403)
Gain (loss) on derivative liability (1) 413
Gain from Change in extinguishment of debt 99
Gain (loss) from Change in fair value of stock-based liabilities (54) 1,563
TOTAL OTHER INCOME 105 1,647
NET INCOME (LOSS) BEFORE CONTROLLING INTEREST (320) 1,516
NET INCOME ATTRIBUTILE TO NON-CONTROLLING INTEREST 8
NET INCOME (LOSS) ATTRIBUTILE TO NET INCOME (LOSS) ATTRIBUTILE TO CUENTAS INC. $ (320) $ 1,524
Net income (loss) per basic share $ (0.18) $ 1.30 [1]
Net income (loss) per diluted share $ (0.18) $ 1.19 [1]
Weighted average number of basic common shares outstanding 1,808,142 1,175,045 [1]
Weighted average number of diluted common shares outstanding 1,808,142 1,278,893 [1]
[1] Retrospectively adjusted to reflect the 300-for-1 reverse stock split

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