ABEONA THERAPEUTICS INC. (ABEO)
Abeona Therapeutics Inc. is a biopharmaceutical company in the clinical development stage, focused on creating innovative gene and cell therapies to address severe and uncommon genetic diseases. Its leading program, EB-101, an autologous gene-corrected cell therapy, is presently in a Phase III clinical trial for treating recessive dystrophic epidermolysis bullosa. The company's pipeline also features several other promising therapies: ABO-102, an adeno-associated virus (AAV)-based gene therapy for Sanfilippo syndrome type A. ABO-201, intended for CLN3 disease. ABO-401, developed to treat cystic fibrosis. ABO-50X, aimed at various genetic eye disorders. Additionally, Abeona is advancing AAV-based gene therapy solutions through its proprietary AIM vector platform. The company, which was founded in 1974 and is headquartered in New York, New York, changed its name to Abeona Therapeutics Inc. in June 2015, having previously been known as PlasmaTech Biopharmaceuticals, Inc.
Sector: Pharmaceutical Preparations
Industry: Biotechnology
Abeona Therapeutics Inc.
NASDAQ:ABEOHealthcare · Biotechnology
-4.61%$4.35
AH$4.41+1.38%vs close
Mkt Cap$248.75M
Float49.02M
O/S57.18M
Vol
$ Vol
RVOL
Inst Own69.0%
Earnings
Dilution
Financials Summary
Revenue$5.82M
Net Income$71.18M
Total Assets$219.57M
Free Cash Flow-$84.3M
Debt & Equity
Debt 14%
Equity 86%
Total Debt$24.97M
Total Equity$159.22M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:25Reverse splitJul 5, 202225 shares → 1
Balance Sheet Details
Assets$219.57M
Liabilities$60.35M
Accounts Receivable$6.71M
Accounts Payable$7.89M
Inventory$5.49M
PP&E (Net)$13.88M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
| Revenue | $5.82M | $0 | $3.5M | $1.41M | $3M | $10M | $0 | $3M | $837K | $889K | $1.04M | $925K | $2.04M | $4.4M | $1.85M | $481K | $352K | $291K | $57K | $0 | $0 | $549K | $1.29M | $1.15M | $243K | $107K | $15K | $100K | $435K | $167K | $2.94M |
| YoY Growth | - | - | 147.5% | -52.9% | -70.0% | - | - | 258.2% | -5.8% | -14.5% | 12.4% | -54.7% | -53.6% | 138.3% | 284.2% | 36.6% | 21.0% | 410.5% | - | - | - | -57.6% | 12.9% | 372.0% | 127.1% | 613.3% | -85.0% | -77.0% | 160.5% | -94.3% | - |
| Cost of Revenue | $1.53M | $2.91M | $1.6M | $450K | $0 | $0 | $48.57M | $38.7M | $16.99M | $10.65M | $0 | $0 | $125K | $267K | $1.22M | $140K | $0 | $0 | $0 | $0 | $0 | $239K | $277K | $107K | $0 | $0 | $0 | $0 | $580K | $8.31M | $0 |
| Gross Profit | $4.29M | -$2.91M | $1.9M | $964K | $3M | $10M | -$48.57M | -$35.7M | -$16.15M | -$9.77M | $1.04M | $925K | $1.92M | $4.14M | $632K | $341K | $352K | $291K | $57K | $0 | -$9.62M | $310K | $1.02M | $1.04M | $243K | $107K | $15K | $100K | -$145K | -$8.15M | $2.94M |
| Gross Margin | 73.7% | - | 54.1% | 68.2% | 100.0% | 100.0% | - | -1190.8% | -1929.7% | -1098.5% | 100.0% | 100.0% | 93.9% | 93.9% | 34.2% | 70.9% | 100.0% | 100.0% | 100.0% | - | - | 56.5% | 78.6% | 90.7% | 100.0% | 100.0% | 100.0% | 100.0% | -33.3% | -4878.4% | 100.0% |
| Research and Development | $26.81M | $34.36M | $31.09M | $28.96M | $38.73M | $30.14M | $53.77M | $38.7M | $16.99M | $10.65M | $4.71M | $333K | $884K | $2.01M | $3.58M | $3.35M | $2.66M | $12.61M | $2.6M | $2.05M | $2.78M | $2.33M | $2.55M | $7.02M | $4.17M | $4.01M | $1.61M | $1.8M | $2.43M | $1.41M | $1.25M |
| Selling, General, and Administrative | $65.03M | $29.85M | $19M | $17.26M | $21.64M | $23.78M | $20.7M | $20.11M | $10.94M | $13.29M | $14.32M | $3.71M | $4.83M | $6.02M | $5.75M | $4.51M | $7.11M | $4.34M | $4.08M | $2.81M | $4.4M | $3.2M | $2.51M | $2.28M | $1.96M | $1.74M | $1.47M | $1.5M | $1.78M | $1.94M | $1.35M |
| Other | $1.89M | -$2.91M | -$1.06M | $5.66M | $32.47M | $37.5M | -$45.95M | $2.36M | $741K | $825K | $551K | $11K | $3K | $419K | -$1.06M | $0 | $259K | $253K | $279K | $0 | $0 | $779K | $1.38M | $439K | $418K | $422K | $285K | $200K | $162K | $123K | $0 |
| Total Operating Expenses | $93.74M | $61.3M | $49.03M | $51.88M | $92.84M | $91.42M | $28.52M | $61.16M | $28.67M | $24.77M | $19.59M | $4.06M | $5.72M | $8.45M | $8.28M | $7.86M | $10.03M | $17.21M | $6.96M | $4.87M | $7.18M | $6.31M | $6.44M | $9.74M | $6.55M | $6.17M | $3.36M | $3.5M | $4.38M | $3.47M | $2.6M |
| Operating Income (EBIT) | -$89.45M | -$64.21M | -$47.13M | -$50.91M | -$89.84M | -$81.42M | -$77.09M | -$58.17M | -$27.84M | -$23.88M | -$18.55M | -$3.13M | -$3.8M | -$4.32M | -$7.88M | -$7.76M | -$9.68M | -$16.91M | -$6.9M | -$5.17M | -$9.62M | -$6M | -$5.43M | -$8.7M | -$6.31M | -$6.06M | -$3.35M | -$3.5M | -$4.52M | -$11.61M | $341K |
| Operating Margin | -1536.9% | - | -1346.7% | -3600.8% | -2994.5% | -814.2% | - | -1940.2% | -3325.7% | -2686.3% | -1783.3% | -338.5% | -186.3% | -98.0% | -426.2% | -1612.7% | -2748.9% | -5812.7% | -12105.3% | - | - | -1093.4% | -419.0% | -758.5% | -2595.9% | -5661.7% | -22326.7% | -3500.0% | -1040.0% | -6953.9% | 11.6% |
| Interest Expense | $3.74M | $4.21M | $418K | $736K | $3.66M | $4.12M | $400K | $11K | $8K | $6K | $6K | $582K | $279K | $608K | $0 | $607K | $539K | $911K | $3.51M | $7.44M | $2.1M | $1.39M | $1.28M | $1.28M | $1.17M | $342K | $0 | $0 | $0 | $45K | $0 |
| Interest Income | $5.56M | $4.25M | $2.12M | $431K | $40K | $1.3M | $1.21M | $1.51M | $525K | $2.01M | $4.03M | $45K | $251K | $242K | $1.33M | $2.05M | $29K | $211K | $125K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $160.73M | $477K | -$7.05M | $11.22M | $4.9M | -$2.81M | $808K | $1.5M | $517K | $2.01M | $4.02M | -$23.65M | $8.25M | -$6.22M | $5.36M | $220K | -$7.15M | -$300K | -$15.02M | -$8.25M | -$4.07M | -$1.16M | -$1M | -$684K | $281K | $630K | $41K | $0 | $83K | $151K | $0 |
| Income Before Tax (EBT) | $71.28M | -$63.73M | -$54.19M | -$39.7M | -$84.94M | -$84.23M | -$76.28M | -$56.67M | -$27.32M | -$21.87M | -$14.53M | -$26.78M | $4.45M | -$10.53M | -$2.52M | -$7.54M | -$16.83M | -$17.21M | -$21.92M | -$13.42M | -$11.62M | -$10.24M | -$6.43M | -$9.38M | -$6.03M | -$5.43M | -$3.31M | $0 | -$4.44M | -$11.46M | $341K |
| Income Tax Expense | $100K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17K | $0 | $7.66M | $0 | -$61K | -$173K | -$4.07M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $71.18M | -$63.73M | -$54.19M | -$39.7M | -$84.94M | -$84.23M | -$76.28M | -$56.67M | -$27.32M | -$21.87M | -$14.53M | -$26.78M | $4.45M | -$10.53M | -$2.53M | -$7.54M | -$17.34M | -$31.43M | -$21.74M | -$12.87M | -$1.7M | -$10.24M | -$6.93M | -$9.38M | -$6.03M | -$5.43M | -$3.31M | -$3.4M | -$4.44M | -$11.46M | $341K |
| Net Income Margin | 1223.1% | - | -1548.2% | -2807.4% | -2831.2% | -842.3% | - | -1890.3% | -3263.9% | -2460.4% | -1396.7% | -2894.9% | 217.9% | -239.1% | -137.0% | -1566.9% | -4926.1% | -10801.0% | -38147.4% | - | - | -1864.8% | -535.5% | -818.1% | -2480.2% | -5072.9% | -22053.3% | -3400.0% | -1020.9% | -6863.5% | 11.6% |
| Supplementary Data | |||||||||||||||||||||||||||||||
| EPS | 1.34 | -1.55 | -2.53 | -5.53 | -21.50 | -22.75 | -38.07 | -29.81 | -16.40 | -16.00 | -13.16 | -381.50 | 76.75 | -650.00 | -275.00 | -750.00 | -2037.50 | -5200.00 | -12900.00 | -4557.17 | -656.62 | -4225.00 | -3262.50 | -4477.10 | -2930.00 | -3073.61 | -3396.30 | -6204.38 | -11102.50 | -955166.67 | 37888.00 |
| Diluted EPS | 1.01 | -1.55 | -2.53 | -5.53 | -21.50 | -22.75 | -38.07 | -29.81 | -16.40 | -16.00 | -13.16 | -381.50 | 76.00 | -650.00 | -275.00 | -750.00 | -2037.50 | -5200.00 | -12900.00 | -4557.17 | -656.62 | -4225.00 | -3262.50 | -4477.10 | -2930.00 | -3073.61 | -3396.30 | -6204.38 | -11102.50 | -28655.00 | 37888.00 |
| Weighted Average OS | 52.95M | 41.05M | 21.38M | 7.86M | 3.94M | 3.71M | 2.01M | 1.90M | 1.67M | 1.37M | 1.10M | 19,429 | 20,194 | 19,343 | 15,986 | 12,506 | 9,454 | 6,683 | 2,841 | 2,825 | 2,589 | 2,425 | 2,122 | 2,096 | 2,057 | 1,766 | 974 | 548 | 400 | 400 | 400 |
| EBITDA | $78.59M | -$56.62M | -$50.57M | -$34.38M | -$76.82M | -$74.52M | -$68.41M | -$54.31M | -$26.58M | -$21.05M | -$13.97M | -$26.18M | $4.73M | -$9.51M | -$2.28M | -$6.69M | -$9.42M | -$30.48M | -$18.12M | $2.99M | -$7.55M | -$4.93M | -$4.53M | -$8.01M | -$5.68M | -$5.58M | -$3.06M | -$3.3M | -$4.36M | -$11.49M | $356K |
| EBITDA Margin | 1350.3% | - | -1444.9% | -2431.6% | -2560.5% | -745.2% | - | -1811.6% | -3175.4% | -2367.6% | -1343.2% | -2830.8% | 231.7% | -215.8% | -123.5% | -1391.3% | -2675.3% | -10473.5% | -31796.5% | - | - | -897.4% | -349.7% | -698.7% | -2337.9% | -5216.8% | -20426.7% | -3300.0% | -1002.8% | -6880.2% | 12.1% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
| Assets | |||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $78.44M | $23.36M | $14.47M | $14.22M | $32.94M | $12.6M | $129.26M | $18.75M | $137.75M | $69.14M | $40.14M | $11.52M | $424K | $396K | $2.46M | $7.03M | $607K | $2.68M | $6.92M | $1.19M | $349K | $1.77M | $727K | $1.44M | $7.43M | $8.41M | $900K | $1.5M | $438K | $4.43M | $1.89M |
| Short-Term Investments | $112.97M | $74.36M | $37.75M | $37.93M | $12.09M | $82.44M | $0 | $66.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.19M | $125K | $486K | $1.86M | $8.33M | $12.7M | $17.39M | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $191.4M | $97.72M | $52.23M | $52.15M | $45.02M | $95.03M | $129.26M | $84.97M | $137.75M | $69.14M | $40.14M | $11.52M | $424K | $396K | $2.46M | $7.03M | $607K | $2.68M | $6.92M | $4.39M | $474K | $2.26M | $2.59M | $9.78M | $20.13M | $25.81M | $900K | $1.5M | $438K | $4.43M | $1.89M |
| Accounts Receivable | $6.71M | $1.65M | $2.44M | $188K | $3M | $0 | $0 | $81K | $107K | $124K | $115K | $35K | $74K | $840K | $333K | $1.02M | $36K | $147K | $966K | $359K | $4.49M | $77K | $1.23M | $1.27M | $193K | $447K | $100K | $0 | $1K | $1K | $48K |
| Inventory | $5.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $194K | $151K | $0 | $0 | $0 | $0 | $0 | $0 | $125K | $108K | $461K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $1.29M | $1.48M | $338K | $762K | $891K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $330K | $0 | $0 | $0 | $0 | $0 | $0 | -$125K | $0 | $0 | $0 | $0 | -$17K | $0 | $0 | $0 | $100K |
| Total Current Assets | $204.91M | $100.85M | $55.74M | $53.1M | $56.29M | $97.74M | $132.39M | $88.85M | $140.59M | $69.42M | $40.57M | $11.55M | $575K | $1.68M | $3.31M | $8.12M | $685K | $3M | $8.3M | $5.03M | $5.16M | $3.16M | $4.82M | $12.36M | $20.93M | $26.39M | $1.1M | $1.5M | $490K | $4.62M | $2.13M |
| Long-Term Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $13.88M | $7.98M | $7.99M | $11.07M | $21.74M | $18.35M | $21.2M | $9.44M | $1.37M | $721K | $350K | $4K | $6K | $7K | $51K | $32K | $50K | $95K | $130K | $212K | $300K | $464K | $1M | $742K | $477K | $116K | $100K | $200K | $422K | $300K | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $32.47M | $32.47M | $32.47M | $32.47M | $32.47M | $32.47M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.87M | $0 | $1.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $1.38M | $1.5M | $36.18M | $43.04M | $3.98M | $8.38M | $6.61M | $4.99M | $0 | $0 | $362K | $574K | $787K | $999K | $710K | $903K | $1.12M | $3.21M | $4.89M | $3.44M | $2.64M | $3M | $3.3M | $400K | $1K | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $781K | $96K | $277K | $43K | $168K | $1.14M | $1.14M | $597K | $357K | $66K | $62K | $32K | $32K | $42K | $59K | $44K | $61K | $78K | $12K | $280K | $633K | $4.26M | $1.1M | $1.07M | $1.44M | $1.02M | $100K | $300K | $60K | $9K | $0 |
| Total Long-Term Assets | $14.66M | $8.08M | $8.27M | $11.12M | $23.29M | $53.46M | $90.99M | $85.55M | $38.17M | $41.64M | $39.49M | $5.03M | $38K | $49K | $472K | $650K | $898K | $1.17M | $852K | $1.4M | $2.05M | $7.93M | $6.99M | $7.13M | $4.56M | $4.14M | $3.5M | $900K | $957K | $309K | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $219.57M | $108.93M | $64M | $64.21M | $79.59M | $151.2M | $223.38M | $174.4M | $178.77M | $111.06M | $80.06M | $16.58M | $613K | $1.73M | $3.79M | $8.77M | $1.58M | $4.17M | $9.15M | $6.43M | $7.21M | $11.09M | $11.81M | $19.49M | $25.49M | $30.53M | $4.6M | $2.4M | $1.45M | $4.93M | $2.13M |
| Liabilities | |||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||
| Accounts Payable | $7.89M | $3.44M | $1.86M | $1.81M | $4.33M | $4.7M | $3.76M | $6.12M | $1.88M | $3.69M | $875K | $1.9M | $863K | $2.04M | $1.71M | $2.98M | $4.09M | $3.29M | $1.51M | $1.23M | $2.88M | $1.73M | $1.78M | $2.47M | $1.49M | $1.16M | $700K | $400K | $0 | $0 | $136K |
| Short-Term Debt | $12.22M | $5.93M | $0 | $0 | $0 | $330K | $0 | $10M | $0 | $0 | $0 | $400K | $0 | $0 | $2.75M | $5.5M | $0 | $825K | $64K | $8.83M | $106K | $8.34M | $338K | $789K | $107K | $0 | $26K | $100K | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $296K | $296K | $296K | $296K | $3.21M | $602K | $602K | $602K | $578K | $247K | $285K | $347K | $347K | $164K | $68K | $173K | $173K | $173K | $1.18M | $1.2M | $508K | $551K | $155K | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $5.64M | $4.46M | $3.69M | $2.8M | $1.79M | $0 | $0 | -$10M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $283K | $119K | $0 | $0 | $0 | $73K |
| Total Current Liabilities | $29.57M | $16.59M | $13.42M | $7.78M | $16.62M | $41.96M | $38.7M | $20.35M | $5.61M | $8.3M | $1.48M | $2.9M | $8.96M | $6.63M | $12.19M | $14.26M | $8.63M | $7.61M | $2.06M | $10.81M | $3.81M | $10.55M | $3.61M | $4.77M | $2.41M | $1.99M | $1M | $500K | $706K | $675K | $436K |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | $7.81M | $13.04M | $0 | $0 | $0 | $1.43M | $0 | $20M | $0 | $0 | $4M | $4M | $0 | $0 | $0 | $0 | $5.5M | $5.5M | $5.5M | $5.5M | $7.64M | $5.6M | $14.02M | $14.23M | $468K | $0 | $0 | $0 | $0 | $110K | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.06M | $3.66M | $4.27M | $4.87M | $5.24M | $2.71M | $3.26M | $4.38M | $4.73M | $2.25M | $910K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $18.9M | $32.01M | $31.35M | $23.82M | $13.04M | $0 | $0 | $0 | $0 | $0 | $2.59M | $0 | $1.19M | $9.47M | $5.94M | $10.93M | $9.71M | $0 | $0 | $0 | $0 | $1.59M | $0 | $0 | $13.53M | $13.53M | $0 | $100K | $0 | $0 | $7K |
| Total Long-Term Liabilities | $30.78M | $48.31M | $35.75M | $29.67M | $20.59M | $6.69M | $6.25M | $20M | $3.06M | $3.66M | $10.86M | $8.87M | $6.43M | $12.18M | $9.2M | $15.31M | $19.94M | $7.75M | $6.41M | $5.5M | $7.64M | $7.2M | $14.02M | $14.23M | $14M | $13.53M | $0 | $100K | $142K | $193K | $7K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $60.35M | $64.9M | $49.18M | $37.45M | $37.22M | $48.65M | $44.95M | $40.35M | $8.67M | $11.96M | $12.33M | $11.77M | $15.39M | $18.81M | $21.39M | $29.57M | $28.57M | $15.36M | $8.47M | $16.31M | $11.45M | $17.75M | $17.64M | $19M | $16.41M | $15.52M | $1M | $600K | $848K | $868K | $443K |
| Stockholders' Equity | |||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $550K | $457K | $265K | $177K | $1.47M | $961K | $836K | $479K | $469K | $403K | $328K | $200K | $6K | $247K | $239K | $191K | $132K | $95K | $36K | $35K | $35K | $155K | $134K | $132K | $132K | $132K | $100K | $0 | $1.3M | $1.26M | $350K |
| Retained Earnings | -$742.08M | -$813.26M | -$749.52M | -$695.34M | -$655.64M | -$570.7M | -$486.47M | -$410.19M | -$359.79M | -$332.47M | -$310.6M | -$296.07M | -$266.42M | -$267.97M | -$255.44M | -$251.13M | -$241.81M | -$235.99M | -$114.32M | -$77.67M | -$66.17M | -$64.47M | -$54.23M | -$47.29M | -$37.91M | -$31.88M | -$26.5M | -$23.1M | -$19.75M | -$15.31M | -$39.03M |
| Comprehensive Income & Other | $138K | $8K | -$66K | -$129K | -$27K | -$10K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.04M | -$1.04M | -$1.04M | -$1.36M | -$1.32M | -$1.34M | -$1.2M | -$1.04M | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $900.74M | $856.83M | $764.09M | $721.92M | $696.54M | $672.29M | $664.06M | $543.75M | $529.42M | $431.17M | $377.99M | $300.69M | $251.64M | $250.65M | $237.6M | $230.15M | $214.69M | $224.7M | $114.97M | $67.75M | $61.89M | $57.65M | $48.27M | $47.65M | $46.85M | $46.75M | $30M | $24.9M | $19.04M | $18.11M | $40.36M |
| Total Equity | $159.22M | $44.03M | $14.83M | $26.76M | $42.37M | $102.55M | $178.43M | $134.04M | $170.1M | $99.1M | $67.72M | $4.82M | -$14.78M | -$17.08M | -$17.61M | -$20.8M | -$26.99M | -$11.19M | $681K | -$9.89M | -$4.24M | -$6.66M | -$5.83M | $489K | $9.08M | $15M | $3.6M | $1.8M | $599K | $4.06M | $1.69M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $219.57M | $108.93M | $64M | $64.21M | $79.59M | $151.2M | $223.38M | $174.4M | $178.77M | $111.06M | $80.06M | $16.58M | $613K | $1.73M | $3.79M | $8.77M | $1.58M | $4.17M | $9.15M | $6.43M | $7.21M | $11.09M | $11.81M | $19.49M | $25.49M | $30.53M | $4.6M | $2.4M | $1.45M | $4.93M | $2.13M |
| Supplementary Data | |||||||||||||||||||||||||||||||
| Total Debt | $24.97M | $23.05M | $5.4M | $7.63M | $9.38M | $8.73M | $7.95M | $30M | $0 | $0 | $4M | $4.4M | $0 | $0 | $2.75M | $5.5M | $5.5M | $6.33M | $5.56M | $14.33M | $7.74M | $13.94M | $14.36M | $15.02M | $575K | $0 | $26K | $100K | $323K | $345K | $0 |
| Net Debt | -$53.47M | -$309K | -$9.07M | -$6.59M | -$23.56M | -$3.87M | -$121.31M | $11.25M | -$137.75M | -$69.14M | -$36.14M | -$7.12M | -$424K | -$396K | $290K | -$1.53M | $4.89M | $3.65M | -$1.36M | $13.14M | $7.39M | $12.17M | $13.63M | $13.57M | -$6.85M | -$8.41M | -$874K | -$1.4M | -$115K | -$4.08M | -$1.89M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
| Operating Activities | |||||||||||||||||||||||||||||||
| Net Income | $71.18M | -$63.73M | -$54.19M | -$39.7M | -$84.94M | -$84.23M | -$76.28M | -$56.67M | -$27.32M | -$21.87M | -$14.53M | -$26.78M | $4.45M | -$10.53M | -$2.53M | -$7.54M | -$17.34M | -$17.21M | -$21.74M | -$12.87M | -$1.7M | -$10.24M | -$6.93M | -$9.38M | -$6.03M | -$5.43M | -$3.31M | -$3.4M | -$4.44M | -$11.46M | $341K |
| Depreciation & Amortization | $3.56M | $2.91M | $3.2M | $4.58M | $4.46M | $5.6M | $8.68M | $2.36M | $741K | $825K | $551K | $11K | $3K | $419K | $233K | $238K | $259K | $253K | $279K | $7.06M | $1.57M | $1.08M | $898K | $686K | $627K | $476K | $285K | $200K | $162K | $123K | $15K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $32.92M | $0 | -$1.31M | -$1.4M | $0 | $0 | $23.11M | -$8.28M | $5.85M | -$6.31M | $710K | $0 | $0 | -$77M | $0 | -$42M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $10.78M | $6.63M | $4.77M | $3.05M | $8.92M | $8.19M | $8.24M | $8.87M | $5.92M | $4.83M | $4.37M | $1.3M | $439K | $390K | $1.07M | $1.01M | $811K | $0 | $77M | $0 | $42M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||
| Accounts Receivable | -$5.06M | $792K | -$2.04M | $2.81M | -$3M | $0 | $81K | $26K | $17K | -$9K | -$79K | $39K | $766K | -$507K | $685M | -$982M | $111M | -$747M | $4.13B | $0 | $622M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$5.49M | $0 | $0 | $0 | $0 | $0 | -$81K | -$1.03M | -$2.58M | $156K | -$316K | $669K | $194K | -$43K | -$151K | $1.58B | -$479.02M | $570.37M | -$2.48B | $0 | $104K | $60K | $353K | -$461K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $6.54M | -$3.49M | $2.04M | -$9.11M | -$15.59M | -$2.18M | -$1.71M | $7.67M | -$1.3M | $2.82M | -$1.17M | $33K | -$1.18M | $567K | $53M | -$601M | $369M | $176M | -$1.66B | $0 | $490M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$1.37M | -$1.68M | -$1.79M | $404K | $324K | $3.81M | -$1.85M | $296K | $1.72M | -$3.19M | -$4.5M | -$349K | $3.33M | -$240K | -$738.51M | -$331K | $2.69M | $1.36M | $6.24M | $2.98M | -$1.11B | -$87K | -$736K | -$207K | $130K | $261K | -$248K | $1.22M | -$107K | $13K | $285K |
| Total Working Capital Change | -$5.39M | -$4.38M | -$1.79M | -$5.89M | -$18.26M | $1.63M | -$3.55M | $6.96M | -$2.15M | -$227K | -$6.07M | $392K | $3.11M | -$223K | -$664K | -$2.21M | $3.67M | $731K | $1.54M | $2.98M | $2.98M | -$27K | -$383K | -$668K | $130K | $261K | -$248K | $1.22M | -$107K | $13K | $285K |
| Other Non-Cash Items | -$156.46M | $2.57M | $11M | -$5.52M | $24.15M | $877K | $101K | $688K | $1.27M | $3.43M | $5.25M | $349K | $278K | $141K | $602K | $925K | $10.35M | $9.67M | $24.76M | $882K | -$10.15M | $112K | $57K | $771K | -$2K | $360K | $26K | -$1.22M | $758K | $8.66M | $17K |
| Net Cash from Operating | -$76.33M | -$56.02M | -$37.01M | -$43.48M | -$65.67M | -$35.02M | -$62.82M | -$39.11M | -$22.93M | -$13.01M | -$10.42M | -$1.61M | $1K | -$3.96M | -$7.61M | -$6.86M | -$2.25M | -$6.56M | $4.84M | -$1.96M | -$7.3M | -$9.08M | -$6.36M | -$8.6M | -$5.27M | -$4.33M | -$3.25M | -$3.2M | -$3.63M | -$2.67M | $658K |
| Investing Activities | |||||||||||||||||||||||||||||||
| Capital Expenditures | -$7.97M | -$2.45M | -$331K | -$130K | -$4.15M | -$1.34M | -$6.51M | -$19.49M | -$860K | -$519K | -$308K | $0 | -$2K | -$13K | -$40K | -$7K | -$2K | -$93K | -$18K | -$3K | -$28K | -$221K | -$462K | -$403K | -$419K | -$72K | -$5K | -$100K | -$16K | -$38K | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $1.34M | $0 | $19.49M | $0 | $0 | $3.7M | $0 | $0 | $0 | $0 | $0 | $0 | -$65M | $0 | $0 | $0 | $0 | $0 | -$1.31M | $0 | $0 | -$102K | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$206.63M | -$157.01M | -$51.64M | -$78.21M | -$20.16M | -$170.47M | $0 | -$136.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.57M | -$3.07M | $0 | $0 | $0 | $0 | $0 | -$17.39M | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $167.27M | $120.2M | $51.97M | $52.64M | $90.38M | $88.09M | $66.48M | $70.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $361K | $1.37M | $6.47M | $4.37M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $152.37M | $18K | $204K | $1.73M | $0 | -$1.34M | $0 | -$19.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1K | $65M | $13K | $550K | $9.38M | $0 | $28K | $36K | $4.09M | $0 | $0 | $0 | -$168K | $0 | $0 |
| Net Cash from Investing | $105.03M | -$39.24M | $208K | -$23.96M | $66.06M | -$83.71M | $59.98M | -$85.09M | -$860K | -$519K | $3.39M | $0 | -$2K | -$13K | -$40K | -$7K | -$1K | -$93K | -$3.57M | -$2.52M | $9.72M | $1.15M | $6.04M | $2.69M | $3.67M | -$17.47M | -$107K | -$100K | -$184K | -$38K | $0 |
| Financing Activities | |||||||||||||||||||||||||||||||
| Debt Repaid | - | -$20M | - | - | - | -$1.76M | - | - | - | - | - | - | - | - | - | - | - | -$400K | - | -$5.33M | $4.42M | $310K | $784K | $107K | -$575K | -$11.54M | $97K | $200K | $178K | $9K | $5K |
| Common Stock Issuance | $26.08M | $85.63M | $37.21M | $46.96M | $24.03M | $1K | $112.93M | $5.48M | $86.17M | $42.19M | $36.05M | $12.31M | $0 | $4.65B | $5.83M | $13.1M | $179K | $2.44B | $35K | $0 | $577K | $9.3M | $266K | $32K | $33K | $18.55M | $2.83M | $4.6M | $0 | $5.53M | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.33B | $0 | $0 | $0 | -$2.42B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$754K | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$11.58B | $0 | -$319M | $0 | -$168M | -$82M | -$19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$37K | -$1.49M | -$150K | -$5K | $831K | $177K | $969K | $0 | $6.23M | $350K | -$400K | $11.58B | $0 | $319M | -$5.83M | $168.19M | $82M | $18.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.59M | -$100K |
| Net Cash from Financing | $26.04M | $104.14M | $37.06M | $43.17M | $24.86M | $1.94M | $113.9M | $5.48M | $92.4M | $42.54M | $35.65M | $12.71M | $29K | $1.9M | $3.08M | $13.29M | $179K | $2.4M | $7.38M | $5.33M | -$3.85M | $8.99M | -$392K | -$75K | $608K | $29.34M | $2.73M | $4.4M | -$178K | $7.1M | -$105K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | -$17K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $54.74M | $8.88M | $256K | -$24.27M | $25.26M | -$116.8M | $111.06M | -$118.72M | $68.61M | $29M | $28.62M | $11.1M | $28K | -$2.06M | -$4.57M | $6.43M | -$2.07M | -$4.26M | $8.65M | $845K | -$1.43M | $1.05M | -$717K | -$5.98M | -$989K | $7.55M | -$618K | $1.1M | -$3.99M | $4.4M | $553K |
| Supplementary Data | |||||||||||||||||||||||||||||||
| Operating Cash Flow | -$76.33M | -$56.02M | -$37.01M | -$43.48M | -$65.67M | -$35.02M | -$62.82M | -$39.11M | -$22.93M | -$13.01M | -$10.42M | -$1.61M | $1K | -$3.96M | -$7.61M | -$6.86M | -$2.25M | -$6.56M | $4.84M | -$1.96M | -$7.3M | -$9.08M | -$6.36M | -$8.6M | -$5.27M | -$4.33M | -$3.25M | -$3.2M | -$3.63M | -$2.67M | $658K |
| Capital Expenditure | -$7.97M | -$2.45M | -$331K | -$130K | -$4.15M | -$1.34M | -$6.51M | -$19.49M | -$860K | -$519K | -$308K | $0 | -$2K | -$13K | -$40K | -$7K | -$2K | -$93K | -$18K | -$3K | -$28K | -$221K | -$462K | -$403K | -$419K | -$72K | -$5K | -$100K | -$16K | -$38K | $0 |
| Free Cash Flow | -$84.3M | -$58.46M | -$37.34M | -$43.61M | -$69.82M | -$36.35M | -$69.33M | -$58.6M | -$23.8M | -$13.53M | -$10.73M | -$1.61M | -$1K | -$3.97M | -$7.65M | -$6.87M | -$2.25M | -$6.65M | $4.83M | -$1.96M | -$7.33M | -$9.3M | -$6.83M | -$9M | -$5.69M | -$4.4M | -$3.25M | -$3.3M | -$3.64M | -$2.71M | $658K |
| Cash at Beginning | $23.7M | $14.81M | $14.55M | $38.83M | $13.57M | $130.37M | $19.31M | $138.03M | $69.14M | $40.14M | $11.52M | $424K | $396K | $2.46M | $7.03M | $607K | $2.68M | $6.92M | $1.19M | $349K | $1.77M | $727K | $1.44M | $7.43M | $8.41M | $869K | $1.49M | $400K | $4.43M | $30K | $1.33M |
| Cash at End | $78.44M | $23.7M | $14.81M | $14.55M | $38.83M | $13.57M | $130.37M | $19.31M | $137.75M | $69.14M | $40.14M | $11.52M | $424K | $396K | $2.46M | $7.03M | $607K | $2.66M | $9.85M | $1.19M | $349K | $1.77M | $727K | $1.44M | $7.43M | $8.41M | $869K | $1.5M | $438K | $4.43M | $1.89M |