Ecosphere Technologies, Inc. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported total revenue of $8,285,644 against $2,536,697 for the same period a year ago. Loss from operations was $351,519 against $3,696,142 for the same period a year ago. Total other income was $27,800 against total other loss of $157,580 for the same period a year ago. Net loss applicable to common stock was $349,469 against $3,879,472 or $0.10 per basic and diluted share a year ago. Net loss applicable to the company common stock was $685,590 against $3,294,150 for the same period a year ago. Net cash provided by operating activities was $2,511,940 against net cash used in operating activities of $164,451 for the same period a year ago. For the year, the company reported total revenue of $21,088,159 against $8,964,484 for the same period a year ago. Loss from operations was $5,340,242 against $8,611,028 for the same period a year ago. Total other loss was $521,356 against $14,048,956 for the same period a year ago. Net loss applicable to common stock was $5,964,598 or $0.05 per basic and diluted share against $22,765,484 or $0.17 per basic and diluted share a year ago. Net loss applicable to the company common stock was $7,654,673 against $22,237,207 for the same period a year ago. Net cash provided by operating activities was $2,610,681 against net cash used in operating activities of $1,267,206 for the same period a year ago. The increase in revenue was primarily due to the sale of four Ozonix(R) EF80 units representing 54% of total revenue, or $11.5 million. In 2012, the company expects total revenue to rise approximately 33% to around $28 million. Gross profit is estimated to be over $14 million, representing at least a 50% gross margin. Excluding non-cash expenses such as depreciation, operating cash flow is expected to increase to approximately $3 million.