Medical Imaging Corp. announced earnings results for the year ended December 31, 2016. For the year, the company reported net loss of $1,333,411 compared to $1,621,233 a year ago. Adjusted EBITDA was $360,999 compared to $324,264 a year ago. Total revenues increased 1% to $7,179,085 - up from $7,103,036 in 2015. On a GAAP basis, net loss from operations in 2016 totaled $483,816 and $664,908 in 2015. Despite factoring interest expense and amortization of debt discount totaling $987,286, net loss declined 18% to $1,333,411, or $0.052 loss per basic and diluted share, compared to a net loss of $1,621,233, or $0.067 loss per basic and diluted share, in the prior year, after factoring interest expense and amortization of debt discount of $1,108,950.