Ability Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported revenue of USD 387,000 compared to USD 797,000 a year ago. Operating loss was USD 3,041,000 compared to USD 3,055,000 a year ago. Loss before income tax was USD 3,021,000 compared to USD 2,988,000 a year ago. Net loss was USD 3,021,000 compared to USD 3,000,000 a year ago. Basic and diluted loss per share was USD 1.23 compared to USD 1.22 a year ago. LBITDA was USD 2,917,000 compared to USD 2,934,000 a year ago. Net cash used in operating activities was USD 1,234,000 compared to USD 3,359,000 a year ago.