TSXV:CYX.H - Post by User
Comment by
Earlyone_1on May 30, 2018 12:23pm
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Post# 28099743
RE:Interim financials
RE:Interim financials RESULTS OF OPERATIONS
For the First Quarter Ended March 31, 2018
Net loss for the first quarter ended March 31, 2018 was $207,790 (2017 - $146,630), comprised of the following significant items:
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Revenue of $72,935 (2017 – $15,900); increased due to the addition of cryptocurrency mining activities.
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Development expenses of $32,840 (2017 – $23,145); increased due to the development of android and landing
page layout.
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Personnel costs of $40,200 (2017 - $45,025); decreased due to decreased operating and administrative activities.