ICTV Brands Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company announced that net sales were $3,723,644 compared with $8,863,916 a year ago. Operating loss was $84,896 compared with $270,270 a year ago. Loss before provision for income taxes was $88,678 compared with $270,186 a year ago. Net loss was $88,678 compared with $270,186 a year ago. Net loss per share basic and diluted was $0.00 compared with $0.01 a year ago. Net cash provided by operating activities was $152,096 compared with net cash used in operating activities was $627,713 a year ago. The decline in sales is attributable to the Company's decision to decrease its overall television media related expenditures and focus more resources on digital marketing platform and other projects in ourpipeline. Additionally, the company concentrated media buys to more profitable airings to ensure the company are achieving the appropriate return on investment. Furthermore, the company are excited by the increase in revenue from retail and e-commerce channels and are looking forward to further growth in these areas throughout the remainder of 2016. Adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA) was $111,000 compared to an EBITDA loss of $94,000 in the prior year quarter.