EnSync, Inc. announced consolidated earnings results for the fourth quarter and fiscal year ended June 30, 2018. For the quarter, revenues were $1,650,495 against $3,050,549 for the same period a year ago. Loss from operations was $3,654,465 against $4,043,123 for the same period a year ago. Loss before benefit for income taxes was $3,644,331 against income before benefit for income taxes of $9,202,738 for the same period a year ago. Net loss attributable to common shareholders was $3,698,773 or $0.07 net loss of basic and diluted per share against net income attributable to common shareholders of $9,202,758 or $0.19 net income of basic and diluted per share for the same period a year ago. Revenue in the current quarter was negatively impacted by the delay in the planned sale of CAL FIRE project from June to July and construction-related delays on 2 additional PPA projects. For the year, revenues were $11,932,328 against $12,494,184 for the same period a year ago. The Company experienced construction delays for two power purchase agreement (“PPA”) projects, and a signing delay on a third, which resulted in the shifting of revenue to the first half of fiscal 2019. For the fiscal year, the Company recognized revenue from 13 PPA projects. Loss from operations was $13,076,209 against $17,520,557 for the same period a year ago. Loss before benefit for income taxes was $13,324,541 against $4,441,863 for the same period a year ago. Net loss attributable to common shareholders was $13,315,825 or $0.24 net loss of basic and diluted per share against $4,402,822 or $0.09 net loss of basic and diluted per share for the same period a year ago. Net cash used in operating activities was $10,162,312 against $7,214,500 for the same period a year ago. Expenditures for property and equipment were $288,846 against $46,366 for the same period a year ago.