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SEC Filings

10-Q
SEVEN STARS CLOUD GROUP, INC. filed this Form 10-Q on 08/14/2017
Entire Document
 

 

Seven Stars Cloud Group, Inc., Its Subsidiaries and Variable Interest Entities

 


UNAUDITED CONSOLIDATED STATEMENTS OF EQUITY

For the Six Months Ended June 30, 2017

 

   Series E
Preferred
Stock
   Series E
Par
Value
   Common
Stock
   Par
Value
   Additional
Paid-in
Capital
   Accumulated
Deficit
   Accumulated
Other
Comprehensive
Income (Loss)
   Seven Stars Cloud
Shareholders'
Equity
   Non-
controlling
Interest
   Total
Equity
 

Balance,

January 1, 2017

   7,154,997   $7,155    53,918,523   $53,918   $152,755,919   $(115,669,268)  $(1,353,302)  $35,794,422   $(5,325,481)  $30,468,941 
Share-based compensation   -    -    -    -    147,652    -    -    147,652    -    147,652 
Common stock issuance   -    -    538,182    538    1,479,463    -    -    1,480,001    -    1,480,001 
Common stock issuance for RSU vested   -    -    105,215    105    (105)   -    -    -    -    - 
Common stock issuance for option exercised   -    -    11,035    11    (11)   -    -    -    -    - 
Common stock issued for warrant exercised   -    -    236,105    236    563,261    -    -    563,497    -    563,497 
Common stock issued from conversion of series E preferred stock   (7,154,997)   (7,155)   7,154,997    7,155    -    -    -    -    -    - 
Disposal of Zhong Hai Shi Xun   -    -    -    -    (9,993,734)   (360,518)   (220,717)   (10,574,969)   3,947,477    (6,627,492)
Net loss   -    -    -    -    -    (1,447,346)    -    (1,447,346)    (631,633)   (2,078,979) 
Foreign currency translation adjustments, net of nil tax   -    -    -    -    -    -    732,764    732,764    (32,958)   699,806 

Balance, 

June 30, 2017

   -   $-    61,964,057   $61,963   $144,952,445   $(117,477,132)  $(841,255)  $26,696,021   $(2,042,595)  $24,653,426 

 

The accompanying notes are an integral part of these consolidated financial statements.

 

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