Alliance Media Holdings Inc. announced unaudited consolidated earnings results for the first quarter ended September 30, 2015. For the period, the company reported net sales decreased 4% to $12.6 million from $13.2 million for the quarter ended September 30, 2014. Net income decreased to $6,000 from $215,000 in the corresponding period in 2014.

The decline in net income in the first quarter from the corresponding quarter of last year reflects a reduction in the availability of value product for the older PS3, Xbox 360, Wii, WiiU, and DS platforms. Income from operations was $76,000 compared to $425,000 a year ago. Income before provision for income taxes was $6,000 compared to $348,000 a year ago. Net cash used in operating activities was $3,415,000 compared to net cash provided by operating activities of $75,000 a year ago.

Purchase of property plant and equipment was $1,000 compared to $20,000 a year ago.