Lendway, Inc.

LDWY

LDWYLendway, Inc. US flag

NASDAQ Capital Market

3.96

USD

+0.05

- -

7.03MMarket Cap

Income Statement (USD)

API Chat

	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Sales/Revenue/Turnover	30	17	20	28	26	28	25	26	33	22	17	20	- -	- -	38
+ Sales & Services Revenue	30	17	20	28	26	28	25	26	33	22	17	20	- -	- -	38
- Cost of Revenue	15	12	13	15	15	16	18	18	21	17	15	16	15	- -	31
+ Cost of Goods & Services	15	12	13	15	15	16	18	18	21	17	15	16	15	- -	31
Gross Profit	15	5	7	13	12	13	7	8	13	4	3	3	3	- -	7
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	- -	- -
- Operating Expenses	14	13	10	10	11	10	9	9	11	8	8	8	2	4	13
+ Selling, General & Admin	14	13	10	10	11	10	9	9	11	8	8	8	2	4	13
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	1	-8	-2	2	- -	2	-2	-1	2	-4	-5	-5	-2	-4	-7
- Non-Operating (Income) Loss	- -	-90	- -	- -	- -	- -	- -	- -	- -	2	- -	-1	- -	-1	3
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -
+ Other Non-Op (Income) Loss	- -	-90	- -	- -	- -	- -	- -	- -	- -	2	- -	-1	- -	- -	3
Pretax Income	1	82	-2	2	1	3	-2	-1	2	-6	-5	-3	-2	-3	-9
- Income Tax Expense (Benefit)	-6	31	-1	1	- -	1	-1	- -	- -	- -	- -	- -	- -	- -	-2
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	7	51	-2	1	- -	2	-1	-1	1	-6	-5	-4	-2	-3	-7
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-12	-5	-2
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12	5	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-25	-11	-2
Income (Loss) Incl. MI	7	51	-2	1	- -	2	-1	-1	1	-6	-5	-4	10	2	-5
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
Net Income, GAAP	7	51	-2	1	- -	2	-1	-1	1	-6	-5	-4	10	2	-6
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	7	51	-2	1	- -	2	-1	-1	1	-6	-5	-4	10	2	-6
EBIT	1	-8	-2	2	- -	2	-2	-1	2	-4	-5	-5	-2	-4	-7
EBITDA	1	-7	-1	3	2	4	-1	- -	3	-2	-5	-5	-2	-4	-4
EBITDA Margin (%)	4.15	-43.15	-5.63	12.45	6.25	12.83	-2.51	1.66	9.02	-11.36	-26.07	-24.26	- -	- -	-10.79
EBITA	1	-8	-2	2	- -	2	-2	-1	2	-4	-5	-5	-2	-4	-7
Gross Margin (%)	50.56	27.96	36.2	45.92	44.79	44.92	28.35	31.79	37.79	20.14	16.34	16.56	- -	- -	17.23
Operating Margin (%)	3.02	-47.18	-11.32	8.64	1.78	8.73	-8.33	-3.44	5.51	-19.01	-28.8	-24.57	- -	- -	-17.78
Profit Margin (%)	21.98	296.46	-8.05	4.97	0.8	5.44	-5.16	-2.42	4.21	-25.91	-26.4	-18.12	- -	- -	-15.2
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	13.54	- -	- -	- -	- -	- -	4.59	0.01	0.01	0.01	0.01	- -	- -	- -
Depreciation Expense	- -	1	1	1	1	1	1	1	1	2	- -	- -	- -	- -	3
Basic Weighted Avg Shares	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Basic EPS, GAAP	2.78	22.07	-0.79	0.68	0.13	0.84	-0.73	-0.36	0.78	-3.07	-2.5	-1.89	5.27	1.27	-3.05
Basic EPS from Cont Ops	2.78	22.07	-0.79	0.68	0.13	0.84	-0.73	-0.36	0.78	-3.07	-2.5	-1.89	-1.2	-1.59	-3.66
Diluted Weighted Avg Shares	3	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Diluted EPS, GAAP	2.56	21.67	-0.79	0.68	0.13	0.83	-0.73	-0.36	0.77	-3.07	-2.5	-1.89	5.26	1.27	-3.05
Diluted EPS from Cont Ops	2.56	21.67	-0.79	0.68	0.13	0.83	-0.73	-0.36	0.77	-3.07	-2.5	-1.89	-1.2	-1.59	-3.66

Balance Sheet (USD)

API Chat

	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Current Assets	18	28	26	27	26	27	24	18	20	16	14	10	21	17	19
+ Cash, Cash Equivalents & STI	14	23	20	22	17	18	12	5	10	8	7	4	14	16	2
+ Cash & Cash Equivalents	13	23	20	22	7	9	12	5	10	8	7	4	14	16	2
+ ST Investments	- -	- -	- -	- -	10	9	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	3	3	5	4	8	8	11	12	9	8	6	5	- -	- -	2
+ Accounts Receivable, Net	3	3	4	4	7	8	10	12	9	8	6	5	6	- -	2
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	1	- -	- -	- -	1	- -	- -	- -	- -	- -	-6	- -	- -
+ Inventories	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	13
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	1	1	1	- -	1	- -	1	- -	- -	- -	1	1	6	- -	1
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	7	7	6	5	5	4	4	4	4	1	- -	- -	- -	- -	81
+ Property, Plant & Equip, Net	1	3	2	2	1	2	2	3	3	1	- -	- -	-1	- -	44
+ Property, Plant & Equip	4	6	6	6	6	6	7	8	9	6	4	1	- -	- -	46
- Accumulated Depreciation	3	3	4	4	5	4	4	5	5	5	4	1	1	- -	1
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	6	4	3	3	3	3	2	1	1	- -	- -	- -	1	- -	37
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	36
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	26
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	6	4	3	3	3	3	2	1	1	- -	- -	- -	1	- -	- -
Total Assets	25	35	32	32	30	32	28	22	24	17	14	11	21	17	100
+ Payables & Accruals	4	5	4	3	4	4	11	4	4	4	5	5	- -	- -	4
+ Accounts Payable	2	2	2	3	3	3	3	3	3	3	3	3	- -	- -	3
+ Accrued Taxes	- -	1	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	1	2	2	1	1	1	9	1	1	1	1	1	- -	- -	1
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	3
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Other ST Liabilities	2	- -	- -	1	1	2	1	2	2	1	1	1	7	1	1
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	2	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	1	- -	- -	1	1	1	1	2	2	1	- -	- -	4	1	1
Total Current Liabilities	5	5	4	5	5	6	12	6	6	5	6	7	7	1	8
+ LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	73
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	40
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	32
+ Other LT Liabilities	- -	2	1	1	1	1	1	1	1	1	1	1	- -	- -	8
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	8
+ Pension Liabilities	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	- -	- -	1	1	1	1	1	1	1	- -	- -	- -
Total Noncurrent Liabilities	- -	2	1	1	1	1	1	1	1	1	1	1	- -	- -	80
Total Liabilities	5	7	5	5	6	7	13	7	8	6	8	7	8	1	88
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	34	23	23	21	19	18	15	15	16	16	16	16	16	16	16
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	34	22	23	21	19	18	15	15	15	16	16	16	16	16	16
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-14	5	4	5	5	7	- -	-1	1	-5	-10	-13	-3	-1	-6
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	19	28	26	26	25	25	15	15	16	11	7	3	13	16	10
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2
Total Equity	19	28	26	26	25	25	15	15	16	11	7	3	13	16	12
Total Liabilities & Equity	25	35	32	32	30	32	28	22	24	17	14	11	21	17	100
Shares Outstanding	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	34
Net Debt	-13	-23	-20	-22	-7	-9	-12	-5	-10	-8	-6	-4	-14	-16	40
Net Debt to Equity	-68.52	-83.28	-76.51	-83.16	-29.47	-34.48	-81.19	-31.64	-62.25	-67.76	-91.09	-117.95	-107.75	-103.51	338.31
Tangible Common Equity Ratio	78.28	80.53	83.56	82.89	80.59	77.95	53.52	68.43	68.13	65.23	46.67	29.98	63.91	93.16	-38.26
Current Ratio	3.34	5.37	5.99	5.76	4.93	4.55	1.98	3.04	3.1	3.05	2.21	1.56	2.81	15.17	2.41
Cash Conversion Cycle	-9.26	2.4	2.48	2.71	21.28	37.18	80.77	98.07	61.22	77.79	66.7	41.03	- -	- -	76.41

Cash Flow Statement (USD)

API Chat

	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
+ Net Income	8	51	-2	1	- -	2	-1	-1	1	-6	-5	-4	-2	-3	-7
+ Depreciation & Amortization	- -	1	1	1	1	1	1	1	1	2	- -	- -	- -	- -	3
+ Non-Cash Items	-6	6	- -	1	1	- -	- -	- -	- -	2	- -	-1	- -	- -	- -
+ Stock-Based Compensation	1	1	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	-6	6	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-3
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	- -	3
+ Chg in Non-Cash Work Cap	-1	1	-3	1	-4	- -	-4	1	4	- -	2	1	-1	- -	- -
+ (Inc) Dec in Accts Receiv	- -	- -	-2	- -	-4	-1	-2	-2	4	1	2	1	- -	- -	1
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	3	-2	- -	1	- -	-2	2	1	-1	1	- -	-1	- -	-1
+ Inc (Dec) in Other	-1	-2	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14	3	- -
Cash from Operating Activities	1	59	-3	4	-2	3	-4	2	7	-2	-2	-3	11	1	-4
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	-6	- -	- -	-1	- -	-1	-1	-1	- -	- -	- -	- -	- -	-1
+ Acq of Fixed Prod Assets	- -	-2	- -	- -	- -	- -	-1	-1	-1	- -	- -	- -	- -	- -	-1
+ Acq of Intangible Assets	- -	-4	- -	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	-14	- -	-2	-2	-2	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Increase in Capital Stock	1	3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	-17	- -	-2	-2	-2	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	4	- -	- -	- -	-10	- -	10	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	8	- -	- -	- -	3	6	10	- -	- -	5	- -	- -	- -	- -	- -
+ Inc in LT Investment	-4	- -	- -	- -	-12	-5	- -	- -	- -	-5	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	-34
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-34
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	4	-6	- -	- -	-11	- -	8	-1	-1	- -	- -	- -	- -	2	-35
+ Dividends Paid	- -	-31	- -	- -	- -	- -	- -	-8	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	25
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	35
+ Repayments of Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-9
+ Other Financing Activities	- -	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	- -	-43	- -	-2	-2	-2	- -	-8	- -	- -	1	- -	- -	- -	25
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	4	10	-3	1	-15	1	4	-8	5	-3	- -	-3	11	2	-14
EBITDA	1	-7	-1	3	2	4	-1	- -	3	-2	-5	-5	-2	-4	-4
EBITDA Margin (%)	4.15	-43.15	-5.63	12.45	6.25	12.83	-2.51	1.66	9.02	-11.36	-26.07	-24.26	- -	- -	-10.79
Free Cash Flow	- -	53	-3	4	-3	3	-5	1	6	-3	-2	-3	11	- -	-5
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-2	34
Free Cash Flow to Firm	- -	53	- -	4	-3	3	- -	- -	6	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	- -	57	-3	4	-2	3	-5	1	6	-3	-1	-3	11	- -	20
Free Cash Flow per Basic Share	0.19	22.78	-1.38	1.83	-1.63	1.52	-3.09	0.35	3.23	-1.49	-0.89	-1.66	5.6	0.25	-2.77
Price/Free Cash Flow	50.02	0.37	-6.93	6.61	-42.6	7.33	-8.62	5.05	2.25	-4.85	-7.14	-14.93	1.4	15.68	-3.17
Cash Flow to Net Income	0.13	1.15	1.67	2.89	-7.81	2.1	3.1	-2.79	5.08	0.41	0.34	0.85	1.06	0.21	0.71
Capital Expenditures	- -	-6	- -	- -	-1	- -	-1	-1	-1	- -	- -	- -	- -	- -	-1