OneRoof Energy Group, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total revenue of USD 1,897,844 against USD 248,832 a year ago. Loss before provision for income taxes was USD 8,931,129 against USD 11,199,847 a year ago. Net loss attributable to common shareholders was USD 8,815,824 or USD 0.21 per basic and diluted share against USD 10,113,777 or USD 3.41 per basic and diluted share a year ago. Loss from operations in the third quarter of 2014 was unchanged at USD 9.6 million as compared to USD 9.6 million in the third quarter of 2013.

For the nine months period, the company reported total revenue of USD 5,213,113 against USD 529,308 a year ago. Loss before provision for income taxes was USD 25,650,376 against USD 30,148,709 a year ago. Net loss attributable to common shareholders was USD 26,064,309 or USD 0.83 per basic and diluted share against USD 27,562,819 or USD 7.90 per basic and diluted share a year ago. Net cash used in operating activities was USD 39,191,415 against USD 19,451,099 a year ago. Purchase of property and equipment was USD 97,187 against USD 5,451 a year ago. Software development costs were USD 410,511.

For the quarter, the company reported impairment of held systems of USD 14,336 and impairment of inventory of USD 184,553.