Company Quick10K Filing
Cool Holdings
Price1.29 EPS-1
Shares9 P/E-1
MCap12 P/FCF-3
Net Debt22 EBIT-13
TEV34 TEV/EBIT-3
TTM 2019-09-30, in MM, except price, ratios
10-Q 2019-09-30 Filed 2019-11-19
10-Q 2019-06-30 Filed 2019-08-14
10-Q 2019-03-31 Filed 2019-05-15
10-K 2018-12-31 Filed 2019-04-16
10-Q 2018-09-30 Filed 2018-11-14
10-Q 2018-06-30 Filed 2018-08-14
10-Q 2018-03-31 Filed 2018-05-21
10-K 2017-12-31 Filed 2018-03-08
10-Q 2017-09-30 Filed 2017-11-13
10-Q 2017-06-30 Filed 2017-08-11
10-Q 2017-03-31 Filed 2017-05-12
10-K 2016-12-31 Filed 2017-03-10
10-Q 2016-09-30 Filed 2016-11-10
10-Q 2016-06-30 Filed 2016-08-05
10-Q 2016-03-31 Filed 2016-05-06
10-K 2015-12-31 Filed 2016-03-11
10-Q 2015-09-30 Filed 2015-11-06
10-Q 2015-06-30 Filed 2015-08-07
10-Q 2015-03-31 Filed 2015-05-08
10-K 2014-12-31 Filed 2015-03-10
10-Q 2014-09-30 Filed 2014-11-14
10-Q 2014-06-30 Filed 2014-08-14
10-Q 2014-03-31 Filed 2014-05-14
10-K 2013-12-31 Filed 2014-03-14
10-Q 2013-09-30 Filed 2013-11-07
10-Q 2013-06-30 Filed 2013-08-14
10-Q 2013-03-31 Filed 2013-05-14
10-K 2012-12-31 Filed 2013-03-22
10-Q 2012-09-30 Filed 2012-11-14
10-Q 2012-06-30 Filed 2012-08-14
10-Q 2012-03-31 Filed 2012-05-04
10-K 2011-12-31 Filed 2012-03-16
10-Q 2011-09-30 Filed 2011-11-10
10-Q 2011-06-30 Filed 2011-08-12
10-Q 2011-03-31 Filed 2011-05-16
10-K 2010-12-31 Filed 2011-03-31
10-Q 2010-09-30 Filed 2010-11-12
10-Q 2010-06-30 Filed 2010-08-16
10-Q 2010-03-31 Filed 2010-05-14
10-K 2009-12-31 Filed 2010-03-31
8-K 2020-04-16 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2020-04-06 Enter Agreement, M&A, Exhibits
8-K 2020-03-30 Enter Agreement, Leave Agreement, Sale of Shares, Regulation FD, Exhibits
8-K 2020-03-27 Enter Agreement
8-K 2020-03-11 Enter Agreement, Off-BS Arrangement, Regulation FD, Exhibits
8-K 2020-01-31 Enter Agreement, M&A, Exhibits
8-K 2020-01-15 Off-BS Arrangement, Exhibits
8-K 2019-12-30 Enter Agreement, Sale of Shares, Exhibits
8-K 2019-11-29 Enter Agreement, Shareholder Vote, Exhibits
8-K 2019-11-14 Enter Agreement, Exhibits
8-K 2019-10-31 Enter Agreement, Sale of Shares, Exhibits
8-K 2019-10-24 Enter Agreement, Sale of Shares, Exhibits
8-K 2019-10-21 Other Events
8-K 2019-10-21 Enter Agreement, Sale of Shares, Exhibits
8-K 2019-10-01 Enter Agreement, Sale of Shares, Exhibits
8-K 2019-09-20 Enter Agreement, M&A, Off-BS Arrangement, Sale of Shares, Exhibits
8-K 2019-09-11 Enter Agreement, Off-BS Arrangement, Sale of Shares, Exhibits
8-K 2019-07-09 Enter Agreement, Off-BS Arrangement, Sale of Shares, Exhibits
8-K 2019-07-08 Enter Agreement, Exhibits
8-K 2019-06-05 Officers, Regulation FD, Exhibits
8-K 2019-05-16 Enter Agreement, Off-BS Arrangement, Sale of Shares, Regulation FD, Exhibits
8-K 2019-05-09 Enter Agreement, Regulation FD, Exhibits
8-K 2019-05-09 Other Events
8-K 2019-04-23
8-K 2019-01-04
8-K 2018-12-27 Accountant, Officers, Exhibits
8-K 2018-12-19
8-K 2018-12-14 Officers, Shareholder Vote
8-K 2018-11-29 Enter Agreement, Off-BS Arrangement, Sale of Shares, Exhibits
8-K 2018-10-24 Enter Agreement, Off-BS Arrangement, Sale of Shares, Exhibits
8-K 2018-09-27 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-09-13 Enter Agreement, Leave Agreement, Sale of Shares, Exhibits
8-K 2018-08-17 Enter Agreement, Sale of Shares, Regulation FD, Exhibits
8-K 2018-08-15 Enter Agreement, Sale of Shares, Regulation FD, Exhibits
8-K 2018-07-09 Other Events, Exhibits
8-K 2018-06-08 Amend Bylaw, Regulation FD, Exhibits
8-K 2018-06-01 Enter Agreement, Sale of Shares, Regulation FD, Officers, Exhibits
8-K 2018-04-11 Off-BS Arrangement, Exhibits
8-K 2018-04-06 Officers, Exhibits
8-K 2018-03-27 Accountant, Exhibits
8-K 2018-03-08 M&A, Sale of Shares, Shareholder Rights, Control, Officers, Amend Bylaw, Exhibits
8-K 2018-03-05 Officers, Shareholder Vote, Other Events
8-K 2018-02-12 Other Events, Exhibits
8-K 2018-01-19 Enter Agreement, Off-BS Arrangement, Sale of Shares, Exhibits
8-K 2017-12-31 Enter Agreement, Exhibits

AWSM 10Q Quarterly Report

Part I. Financial Information
Item 1. Financial Statements
Note 1. Basis of Presentation
Note 2: Going Concern Considerations
Note 3. Stock - Based Compensation
Note 4. Earnings per Share
Note 5. Income Taxes
Note 6. Inventory
Note 7. Property and Equipment
Note 8. Intangible Assets
Note 9. Accrued Expenses and Other Current Liabilities
Note 10. Notes Payable
Note 11. Capital Stock
Note 12. Related Party Transactions
Note 13. Recent Accounting Pronouncements
Note 14. Segments
Note 15. Geographic Information
Note 16. Commitments and Contingencies
Note 17. Fair Value of Financial Instruments
Note 18. Merger with Cooltech
Note 19. Acquisition of Cooltech Corp.
Note 20. Acquisition of Unitron Assets
Note 21. Acquisition of Simply Mac
Note 22. Subsequent Events
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 3. Quantitative and Qualitative Disclosures About Market Risk
Item 4. Controls and Procedures
Part II. Other Information
Item 1. Legal Proceedings
Item 1A. Risk Factors
Item 6. Exhibits
EX-31.1 awsm-ex311_7.htm
EX-31.2 awsm-ex312_8.htm
EX-32.1 awsm-ex321_6.htm
EX-4.2 awsm-ex42_135.htm

Cool Holdings Earnings 2019-09-30

Balance SheetIncome StatementCash Flow
3021123-6-152012201420172020
Assets, Equity
201482-4-102012201420172020
Rev, G Profit, Net Income
4.62.70.9-1.0-2.8-4.72012201420172020
Ops, Inv, Fin

10-Q 1 awsm-10q_20190930.htm 10-Q awsm-10q_20190930.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 10-Q

 

(Mark One)

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2019

OR

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______ to __________

Commission File Number—001-32217

 

Cool Holdings, Inc.

(Exact name of registrant as specified in its charter)

 

 Maryland

 

33-0599368

(State or other jurisdiction of

incorporation or organization)

 

(IRS Employer

Identification Number)

2001 NW 84th Avenue, Miami, FL 33122

(Address of principal executive offices including zip code)

(858) 373-1675

(Registrant’s telephone number, including area code)

 

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange on which registered

Common Stock, par value $0.001 per share

 

AWSM

 

OTC Markets Group Inc.

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes       No  

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files)    Yes       No  

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer

 

  

Accelerated filer

 

Non-accelerated filer

 

  

Smaller reporting company

 

Emerging growth company

 

 

 

 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes       No  

As of November 14, 2019, the Registrant had 25,740,746 shares outstanding of its $0.001 par value common stock.

 


Cool Holdings, Inc.

FORM 10-Q

For quarterly period ended September 30, 2019

Table of Contents

 

 

 

PART I - FINANCIAL INFORMATION

 

 

Item 1.

 

Financial Statements:

 

 

 

 

Condensed Consolidated Statements of Operations and Comprehensive Loss for the three and nine months ended September 30, 2019 and 2018 (unaudited)

 

3

 

 

Condensed Consolidated Balance Sheets at September 30, 2019 (unaudited) and December 31, 2018

 

4

 

 

Condensed Consolidated Statements of Stockholders’ Equity (Deficit) for the three and nine months ended September 30, 2019 and 2018 (unaudited)

 

5

 

 

Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2019 and 2018 (unaudited)

 

6

 

 

Notes to Condensed Consolidated Financial Statements (unaudited)

 

7

Item 2.

 

Management’s Discussion and Analysis of Financial Condition and Results of Operations

 

21

Item 3.

 

Quantitative and Qualitative Disclosures About Market Risk

 

26

Item 4.

 

Controls and Procedures

 

26

 

 

PART II - OTHER INFORMATION

 

 

Item 1.

 

Legal Proceedings

 

28

Item 1A.

 

Risk Factors

 

28

Item 6.

 

Exhibits

 

32

 

2


Part I. FINANCIAL INFORMATION

Item 1. Financial Statements

Cool Holdings, Inc.

Condensed Consolidated Statements of Operations and Comprehensive Loss

(Amounts in thousands, except per share data)

(unaudited)

 

 

 

For the Three Months Ended

September 30,

 

 

For the Nine Months Ended

September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Net sales

 

$

7,057

 

 

$

5,378

 

 

$

17,211

 

 

$

15,682

 

Cost of sales

 

 

5,087

 

 

 

4,153

 

 

 

12,695

 

 

 

12,366

 

Gross profit

 

 

1,970

 

 

 

1,225

 

 

 

4,516

 

 

 

3,316

 

Selling, general and administrative expenses

 

 

3,903

 

 

 

4,108

 

 

 

13,860

 

 

 

11,217

 

Operating loss

 

 

(1,933

)

 

 

(2,883

)

 

 

(9,344

)

 

 

(7,901

)

Other income (expense):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

(1,479

)

 

 

(506

)

 

 

(3,166

)

 

 

(1,078

)

Other income (expense), net

 

 

94

 

 

 

509

 

 

 

(77

)

 

 

991

 

Loss from continuing operations before provision for income taxes

 

 

(3,318

)

 

 

(2,880

)

 

 

(12,587

)

 

 

(7,988

)

Provision for income taxes

 

 

 

 

 

(220

)

 

 

(1

)

 

 

(220

)

Loss from continuing operations

 

 

(3,318

)

 

 

(3,100

)

 

 

(12,588

)

 

 

(8,208

)

Loss from discontinued operations

 

 

(6

)

 

 

(631

)

 

 

(9

)

 

 

(1,233

)

Net loss

 

$

(3,324

)

 

$

(3,731

)

 

$

(12,597

)

 

$

(9,441

)

Loss per share (basic and diluted):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(0.37

)

 

$

(0.59

)

 

$

(1.48

)

 

$

(2.82

)

Discontinued operations

 

 

(0.00

)

 

 

(0.12

)

 

 

(0.00

)

 

 

(0.42

)

Total

 

$

(0.37

)

 

$

(0.71

)

 

$

(1.48

)

 

$

(3.24

)

Basic and diluted weighted-average number of common shares outstanding

 

 

8,949

 

 

 

5,270

 

 

 

8,506

 

 

 

2,909

 

Comprehensive loss:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(3,324

)

 

$

(3,731

)

 

$

(12,597

)

 

$

(9,441

)

Foreign currency translation adjustments

 

 

34

 

 

 

 

 

 

 

 

 

(788

)

Comprehensive loss

 

$

(3,290

)

 

$

(3,731

)

 

$

(12,597

)

 

$

(10,229

)

 

Accompanying notes are an integral part of these condensed consolidated financial statements.

 

 

3


Cool Holdings, Inc.

Condensed Consolidated Balance Sheets

(Amounts in thousands, except per share data)

 

 

 

September 30,

2019

 

 

December 31,

2018

 

 

 

(unaudited)

 

 

 

 

 

ASSETS

 

 

 

 

 

 

 

 

Current assets:

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

1,149

 

 

$

1,281

 

Restricted cash

 

 

1,196

 

 

 

2,012

 

Trade accounts receivable, net of allowance for doubtful accounts of $168

   and $73, respectively

 

 

2,206

 

 

 

2,287

 

Other accounts receivable

 

 

1,330

 

 

 

1,262

 

Inventory

 

 

9,493

 

 

 

3,623

 

Prepaid assets

 

 

988

 

 

 

314

 

Current assets of discontinued operations

 

 

524

 

 

 

788

 

Total current assets

 

 

16,886

 

 

 

11,567

 

Property and equipment, net

 

 

1,398

 

 

 

1,009

 

Operating lease right-of-use assets

 

 

7,279

 

 

 

 

Goodwill

 

 

984

 

 

 

 

Intangibles, net

 

 

2,783

 

 

 

883

 

Other assets

 

 

241

 

 

 

232

 

Total assets

 

$

29,571

 

 

$

13,691

 

LIABILITIES AND STOCKHOLDERS’ EQUITY

 

 

 

 

 

 

 

 

Current liabilities:

 

 

 

 

 

 

 

 

Accounts payable

 

$

4,053

 

 

$

5,013

 

Accrued expenses and other current liabilities

 

 

6,784

 

 

 

1,555

 

Notes payable

 

 

16,544

 

 

 

4,464

 

Derivative liability

 

 

4,091

 

 

 

 

Current liabilities of discontinued operations

 

 

1,832

 

 

 

2,543

 

Total current liabilities

 

 

33,304

 

 

 

13,575

 

Long-term liabilities:

 

 

 

 

 

 

 

 

Notes payable

 

 

2,715

 

 

 

2,873

 

Operating lease liabilities

 

 

5,055

 

 

 

 

Total liabilities

 

 

41,074

 

 

 

16,448

 

Commitments and Contingencies

 

 

 

 

 

 

 

 

Stockholders’ deficit:

 

 

 

 

 

 

 

 

Preferred stock, $0.001 par value, 10,000 shares authorized; 25 and 322 shares

   issued and outstanding as of September 30, 2019 and December 31, 2018, respectively.

 

 

 

 

 

 

Common stock, $0.001 par value, 150,000 shares authorized; 9,246

   and 7,793 shares issued and outstanding as of September 30, 2019 and

   December 31, 2018, respectively.

 

 

9

 

 

 

8

 

Additional paid-in capital common stock

 

 

39,153

 

 

 

35,303

 

Accumulated other comprehensive loss

 

 

(1,011

)

 

 

(1,011

)

Accumulated deficit

 

 

(49,654

)

 

 

(37,057

)

Total stockholders’ deficit

 

 

(11,503

)

 

 

(2,757

)

Total liabilities and stockholders’ deficit

 

$

29,571

 

 

$

13,691

 

 

Accompanying notes are an integral part of these condensed consolidated financial statements.

 

4


Cool Holdings, Inc.

Condensed Consolidated Statements of Stockholders’ Equity (Deficit)

(Amounts in thousands)

(unaudited)

 

 

 

Preferred Stock

 

 

Common Stock

 

 

Additional

Paid-In

 

 

Accumulated

Other

Comprehensive

 

 

Accumulated

 

 

 

 

 

 

 

Shares

 

 

Amount

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Loss

 

 

Deficit

 

 

Total

 

Balance, December 31, 2018

 

 

322

 

 

$

 

 

 

7,793

 

 

$

8

 

 

$

35,303

 

 

$

(1,011

)

 

$

(37,057

)

 

$

(2,757

)

Debt exchange

 

 

 

 

 

 

 

 

93

 

 

 

 

 

 

173

 

 

 

 

 

 

 

 

 

173

 

Warrant exercises

 

 

 

 

 

 

 

 

382

 

 

 

 

 

 

1,154

 

 

 

 

 

 

 

 

 

 

 

1,154

 

Foreign currency translation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(35

)

 

 

 

 

 

(35

)

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3,659

)

 

 

(3,659

)

Balance, March 31, 2019

 

 

322

 

 

 

 

 

 

8,268

 

 

 

8

 

 

 

36,630

 

 

 

(1,046

)

 

 

(40,716

)

 

 

(5,124

)

Stock-based compensation

 

 

 

 

 

 

 

 

681

 

 

 

1

 

 

 

1,749

 

 

 

 

 

 

 

 

 

1,750

 

Issuance of warrants and beneficial conversion feature with convertible debt

 

 

 

 

 

 

 

 

 

 

 

 

 

 

750

 

 

 

 

 

 

 

 

 

750

 

Foreign currency translation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

 

 

 

 

 

 

1

 

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(5,614

)

 

 

(5,614

)

Balance, June 30, 2019

 

 

322

 

 

 

 

 

 

8,949

 

 

 

9

 

 

 

39,129

 

 

 

(1,045

)

 

 

(46,330

)

 

 

(8,237

)

Stock-based compensation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

24

 

 

 

 

 

 

 

 

 

24

 

Issuance of warrants and beneficial conversion feature with convertible debt

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Conversion of preferred stock to common stock

 

 

(297

)

 

 

 

 

 

297

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency translation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

34

 

 

 

 

 

 

34

 

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3,324

)

 

 

(3,324

)

Balance, September 30, 2019

 

 

25

 

 

$

 

 

 

9,246

 

 

$

9

 

 

$

39,153

 

 

$

(1,011

)

 

$

(49,654

)

 

$

(11,503

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Preferred Stock

 

 

Common Stock

 

 

Additional

Paid-In

 

 

Accumulated

Other

Comprehensive

 

 

Accumulated

 

 

 

 

 

 

 

Shares

 

 

Amount

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Loss

 

 

Deficit

 

 

Total

 

Balance, December 31, 2017

 

 

4,408

 

 

$

 

 

 

5,781

 

 

$

1

 

 

$

7,578

 

 

$

(129

)

 

$

(9,786

)

 

$

(2,336

)

Exchange of shares in connection with

   reverse merger

 

 

(3,644

)

 

 

 

 

 

(3,994

)

 

 

2

 

 

 

6,181

 

 

 

 

 

 

 

 

 

6,183

 

Sale of common stock

 

 

 

 

 

 

 

 

175

 

 

 

 

 

 

1,750

 

 

 

 

 

 

 

 

 

1,750

 

Foreign currency translation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(132

)

 

 

 

 

 

(132

)

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2,766

)

 

 

(2,766

)

Balance, March 31, 2018

 

 

764

 

 

 

 

 

 

1,962

 

 

 

3

 

 

 

15,509

 

 

 

(261

)

 

 

(12,552

)

 

 

2,699

 

Stock-based compensation

 

 

 

 

 

 

 

 

42

 

 

 

 

 

 

200

 

 

 

 

 

 

 

 

 

200

 

Sale of common and preferred stock

 

 

298

 

 

 

1

 

 

 

885

 

 

 

 

 

 

3,584

 

 

 

 

 

 

 

 

 

3,585

 

Conversion of preferred stock to common stock

 

 

(404

)

 

 

 

 

 

404

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency translation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(656

)

 

 

 

 

 

(656

)

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2,944

)

 

 

(2,944

)

Balance, June 30, 2018

 

 

658

 

 

 

1

 

 

 

3,293

 

 

 

3

 

 

 

19,293

 

 

 

(917

)

 

 

(15,496

)

 

 

2,884

 

3(a)(9) debt exchange

 

 

 

 

 

 

 

 

3,110

 

 

 

3

 

 

 

11,442

 

 

 

 

 

 

 

 

 

11,445

 

Unitron option exercise

 

 

 

 

 

 

 

 

625

 

 

 

1

 

 

 

1,790

 

 

 

 

 

 

 

 

 

1,791

 

4(a)(2) debt exchange

 

 

 

 

 

 

 

 

290

 

 

 

1

 

 

 

1,023

 

 

 

 

 

 

 

 

 

1,024

 

Conversion of preferred stock to common stock

 

 

(220

)

 

 

(1

)

 

 

220

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1

)

Exercise of common stock warrants

 

 

 

 

 

 

 

 

81

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity grant

 

 

 

 

 

 

 

 

59

 

 

 

 

 

 

260

 

 

 

 

 

 

 

 

 

260

 

Foreign currency translation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(63

)

 

 

 

 

 

(63

)

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3,731

)

 

 

(3,731

)

Balance, September 30, 2018

 

 

438

 

 

$

 

 

 

7,678

 

 

$

8

 

 

$

33,808

 

 

$

(980

)

 

$

(19,227

)

 

$

13,609

 

 

Accompanying notes are an integral part of these condensed consolidated financial statements.

 

5


Cool Holdings, Inc.

Condensed Consolidated Statements of Cash Flows

(Amounts in thousands)

(unaudited)