v3.19.2
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
REVENUE $ 262 $ 20,909 $ 564 $ 40,908
COST OF REVENUE 230 20,655 467 39,915
GROSS PROFIT 32 254 97 993
OPERATING EXPENSES        
General and administrative 510 828 1,000 1,698
TOTAL OPERATING EXPENSES 510 828 1,000 1,698
OPERATING LOSS (478) (574) (903) (705)
OTHER INCOME (EXPENSE)        
Other income (expense) 2,319 (70) 2,539 (95)
Interest expense (9) (347) (69) (748)
Gain (loss) on derivative liability 26 15 25 427
Gain from Change in extinguishment of debt 99
Gain from Change in fair value of stock-based liabilities 34 (3) (20) 1,559
TOTAL OTHER INCOME (EXPENSE) 2,370 (405) 2,475 1,242
NET INCOME (LOSS) BEFORE CONTROLLING INTEREST 1,892 (979) 1,572 537
NET INCOME ATTRIBUTILE TO NON-CONTROLLING INTEREST (27) 10 (27) 17
NET LOSS ATTRIBUTILE TO NET INCOME (LOSS) ATTRIBUTILE TO CUENTAS INC. $ 1,865 $ (969) $ 1,545 $ 554
Net income (loss) per basic share $ 0.91 $ (0.81) $ 0.80 $ 0.47
Net income (loss) per diluted share $ 0.74 $ (0.81) $ 0.66 $ 0.43
Weighted average number of basic common shares outstanding 2,058,110 1,191,972 1,938,005 1,183,555
Weighted average number of diluted common shares outstanding 2,516,405 1,191,972 2,351,507 1,287,382

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