Frankly Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported revenue was flat compared to the prior quarter at $6.5 million, and increased 5% from $6.2 million in the third quarter of 2016. The year-over-year increase in revenue was primarily due to contractual changes to the company's advertising program requiring it to recognize gross revenues beyond commissions, as well as increases in professional services fees, offset partially by a reduction to license fees due to contract termination fees recognized during the third quarter of 2016 resulting from anticipated consolidation of some of the company's existing customers. Net loss totaled $3.1 million, compared to $2.4 million in the prior quarter and $1.4 million in the third quarter of 2016. Adjusted EBITDA loss was $179,937 compared to adjusted EBITDA loss of $381,000 in the prior quarter, and adjusted EBITDA of $335,115 in the third quarter of 2016. The increase in adjusted EBITDA compared to the prior quarter was primarily due one-time advertising and marketing expenses related to the company's presence at the National Association of Broadcasters (NAB) show in April. The decrease from the year-ago quarter was primarily due to personnel expenses related to acceleration of the company's product roadmap, which are intended to take advantage of increased customer opportunities in the company's pipeline over the coming quarters, as well as an increase in professional fees concerning legal matters of the company. For the nine months, revenue increased 16% to $19.4 million from $16.7 million in the same period a year ago. The increase in revenue was primarily due to contractual changes to the company's advertising program requiring it to recognize gross revenues beyond commissions, as well as increases in usage and professional services fees. Net loss totaled $7.0 million, compared to $4.4 million in the same period in 2016. Adjusted EBITDA loss totaled $132,000 compared to adjusted EBITDA of $231,000 in the prior year period.