TX Holdings Inc. announced consolidated earnings results for the year ended September 30, 2015. For the period, the company reported revenue of $3,105,733 against $4,285,620 a year ago. During the year, revenues decreased due to overall lower sales demand and net loss incurred.

Loss from operations was $262,306 against $37,383 a year ago. Net loss was $372,509 or $0.01 per basic share against net income of $341,300 or $0.01 per basic share a year ago. Net cash used in operating activities was $253,626 against $291,920 a year ago.

Purchase of equipment was $4,149 against $46,015 a year ago. Net cash used decrease was a direct result of the company's initiative to reduce inventory to meet anticipated lower sales demand. Loss before provision for income taxes was $372,509 against income before provision for income taxes of $341,300 last year.