NQ Mobile Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company's total net revenues were $127,475,000 against $89,696,000 a year ago. Loss from operations was $18,682,000 against $19,913,000 a year ago. Income before income taxes was $25,169,000 against loss of $17,897,000 a year ago. Net income attributable to the company was $19,873,000 or $0.0413 per Class A and Class B diluted share against loss of $21,232,000 or $0.0053 per Class A and Class B diluted share a year ago. Net earnings per ADS, diluted were $0.2065 against loss of $0.0265 a year ago. Non-GAAP loss from operations was $10,830,000 against income of $5,056,000 a year ago. Non-GAAP net income attributable to the company was $42,960,000 against $6,092,000 a year ago. Non-GAAP earnings per ADS, diluted were $0.4467 against $0.0637 a year ago. Net cash flow generated from operations was $8.6 million.

For the full year, the company's total net revenues were $406,691,000 against $332,324,000 a year ago. Loss from operations was $33,891,000 against $80,955,000 a year ago. Income before income taxes was $8,726,000 against loss of $73,094,000 a year ago. Net loss attributable to the company was $1,303,000 or $0.0028 per Class A and Class B basic and diluted share against loss of $76,738,000 or $0.1902 per Class A and Class B basic and diluted share a year ago. Net loss per ADS, basic and diluted was $0.0140 against $0.9510 a year ago. Non-GAAP loss from operations was $5,969,000 against income of $23,165,000 a year ago. Non-GAAP net income attributable to the company was $51,310,000 against $36,884,000 a year ago. Non-GAAP earnings per ADS, diluted were $0.5390 against $0.4278 a year ago. Net cash used in operating activities was $12.0 million.

In the fourth quarter of 2015, the company recorded an impairment charge of $12.9 million related to certain investments made in the past which were fully impaired during this quarter.