NQ Mobile Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company's total net revenues were $94,719,000 against $127,475,000 a year ago. Loss from operations was $108,222,000 against $18,682,000 a year ago. Loss before income taxes was $130,074,000 against income of $25,169,000 a year ago. Net loss attributable to the company was $124,478,000 or $0.2504 per Class A and Class B diluted share against income of $19,873,000 or $0.0413 per Class A and Class B diluted share a year ago. Net loss per ADS, diluted and basic was $1.2520 against earnings of $0.2065 a year ago. Non-GAAP loss from operations was $5,881,000 against $10,830,000 a year ago. Non-GAAP net loss attributable to the company was $3,423,000 against income of $42,519,000 a year ago. Non-GAAP loss per ADS, diluted and basic was $0.0344 against earnings of $0.4421 a year ago. Net cash flow used in operations was $4.0 million.

For the full year, the company's total net revenues were $343,050,000 against $406,691,000 a year ago. Loss from operations was $111,813,000 against $33,891,000 a year ago. Loss before income taxes was $134,046,000 against income of $8,726,000 a year ago. Net loss attributable to the company was $140,822,000 or $0.2857 per Class A and Class B basic and diluted share against loss of $1,303,000 or $0.0028 per Class A and Class B basic and diluted share a year ago. Net loss per ADS, basic and diluted was $1.4285 against $0.0140 a year ago. Non-GAAP income from operations was $13,418,000 against loss of $5,969,000 a year ago. Non-GAAP net income attributable to the company was $8,531,000 against $349,281,000 a year ago. Non-GAAP earnings per ADS, diluted were $0.0855 against $0.5176 a year ago. Net cash used in operating activities was $12.0 million. Net cash used in operating activities was $40.6 million.

Impairment of goodwill and intangible assets in the fourth quarter of 2016 was $98.9 million as the result of a one-time, non-cash impairment of goodwill and intangible assets.