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SEC Filings

10-Q
SEVEN STARS CLOUD GROUP, INC. filed this Form 10-Q on 11/13/2017
Entire Document
 

 

Seven Stars Cloud Group, Inc., Its Subsidiaries and Variable Interest Entities
UNAUDITED CONSOLIDATED STATEMENTS OF EQUITY

For the Nine Months Ended September 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   -    -    -    -    202,501    -    -    202,501    -    202,501 
Common stock issuance   -    -    727,273    727    1,999,273    -    -    2,000,000    -    2,000,000 
Common stock issuance for RSU vested   -    -    111,465    112    (112)   -    -    -    -    - 
Common stock issuance for option exercised   -    -    41,131    41    39,862    -    -    39,903    -    39,903 
Common stock issued for warrant exercised   -    -    311,105    311    681,916    -    -    682,227    -    682,227 
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   -    -    -    -    (9,887,398)   (360,522)   (220,737)   (10,468,657)   3,947,473    (6,521,184)
Net loss   -    -    -    -    -    (4,491,943)   -    (4,491,943)   (608,910)   (5,100,853)
Foreign currency translation adjustments, net of nil tax   -    -    -    -    -    -    798,527    798,527    (38,164)   760,363 

Balance, 

September 30, 2017

   -   $-    62,264,494   $62,264   $145,791,961   $(120,521,733)  $(775,512)  $24,556,980   $(2,025,082)  $22,531,898 

 

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

 

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