CarbonMeta Technologies Inc (COWI)

[BrassDrummer]

For the six months ended June 30, 2015 ("the 2015 Six Month Period"), CoroWare reported revenues of $2,153,780, which increased 215.5% from $682,751 for the six months ended June 30, 2014 ("the 2014 Six Month Period"), and gross profit of $511,711 in the 2015 Six Month Period, which increased 472.1% from $89,450 in the 2014 Six Month Period.

Loss from continuing operations before other income was ($418,466) during the 2015 Six Month Period, which decreased 2.7% from ($429,866) during the 2014 Six Month Period. Net Loss was ($1,772,152) during the 2015 Six Month Period compared to a Net Loss of ($2,546,377) in the 2014 Six Month Period. The Net Loss in the 2015 Six Month Period was predominantly due to Derivative Expense of $840,790, Interest Expense of $301,587, and Loss on Extinguishment of Debt of $211,309."

That means Revenues from January to June were 2.1 Million, with a gross profit of $511,711.

Losses BEFORE Income was $418,466, which is lower than the last 6 month period. Net Loss was 1.7Million, which is almost 1 Million Less lost than the previous year. The loss was due to a Derivative expense (Which goes up with stock price) , interest Expense (Payments to Debts), and Loss on Extinguishment (A payment in full on debt before it is due)

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