EnSync, Inc. reported unaudited consolidated earnings results for the first quarter ended September 30, 2017. For the quarter, the company reported revenues of $2,362,048 against $7,656,561 a year ago. Loss from operations was $4,000,872 against $4,755,443 a year ago. Loss before benefit for income taxes was $3,985,024 against $4,724,995 a year ago. Net loss was $3,985,024 against $4,724,995 a year ago. Net loss attributable to the company was $3,891,794 against $4,642,722 a year ago. Net loss attributable to common shareholders was $3,975,071 or $0.07 per basic and diluted share against $4,718,167 or $0.10 per basic and diluted share a year ago. Net cash used in operating activities was $2,792,676 against net cash provided by operating activities of $2,816,403 a year ago.

For the first quarter ended September 30, 2017, the company reported impairment of long-lived assets of $447,000.