ACHIEVE LIFE SCIENCES, INC. (ACHV)
Achieve Life Sciences, Inc. operates as a clinical-stage pharmaceutical firm, concentrating on the development and market introduction of cytisinicline. This compound is aimed at assisting with smoking cessation and nicotine dependence, with commercial activities spanning Canada, the United States, and the United Kingdom. Cytisinicline is a naturally occurring alkaloid, which functions by engaging with nicotine receptors in the brain to lessen the intensity of nicotine withdrawal symptoms. The company holds licensing agreements with Sopharma AD and the University of Bristol. Its corporate headquarters are located in Vancouver, Canada.
Sector: In Vitro & In Vivo Diagnostic Substances
Industry: Biotechnology
Achieve Life Sciences, Inc.
NASDAQ:ACHVHealthcare · Biotechnology
-5.01%$6.83
AH$6.79-0.59%vs close
Mkt Cap$704.19M
Float63.36M
O/S103.1M
Vol
$ Vol
RVOL
Inst Own79.6%
SI28.1%
Earnings
Dilution
Financials Summary
Revenue$0
Net Income-$54.65M
Total Assets$41.79M
Free Cash Flow-$49.47M
Debt & Equity
Debt 41%
Equity 59%
Total Debt$14.96M
Total Equity$21.52M
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse
- 1:20Reverse splitJul 31, 202020 shares → 1
- 1:10Reverse splitMay 24, 201810 shares → 1
Balance Sheet Details
Assets$41.79M
Liabilities$20.27M
Accounts Receivable$0
Accounts Payable$867K
Inventory$0
PP&E (Net)$64K
Goodwill$1.03M
Intangible Assets$751K
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 | FY 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 1994-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.06M | $18.16M | $27.12M | $29.88M | $20.09M | $5.5M | $13.62M | $25.54M | $20.13M | $20.13M | $22.39M | $8.25M | $264.96M | $25K | $25K | $8.75M | $408K | $12.1M | $5.1M | $18.9M | $16.6M | $4.5M | $1.1M |
| YoY Growth | - | - | - | - | - | - | - | - | - | -72.1% | -33.0% | -9.3% | 48.7% | 265.6% | -59.6% | -46.7% | 26.9% | 0.0% | -10.1% | 171.3% | -96.9% | 1059748.0% | 0.0% | -99.7% | 2042.1% | -96.6% | 137.3% | -73.0% | 13.9% | 268.9% | 309.1% | - |
| Cost of Revenue | $228K | $229K | $0 | $0 | $0 | $255K | $254K | $282K | $282K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.22M | $3.69M | -$600K | -$800K | -$600K | -$500K | -$300K | $5.5M |
| Gross Profit | -$228K | -$229K | $0 | $0 | $0 | -$255K | -$254K | -$282K | -$282K | $5.06M | $18.16M | $27.12M | $29.88M | $20.09M | $5.5M | $13.62M | $25.54M | $20.13M | $20.13M | $22.39M | $8.25M | $264.96M | $25K | $25K | $3.53M | -$3.28M | $12.7M | $5.9M | $19.5M | $17.1M | $4.8M | -$4.4M |
| Gross Margin | - | - | - | - | - | - | - | - | - | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 40.3% | -803.5% | 105.0% | 115.7% | 103.2% | 103.0% | 106.7% | -400.0% |
| Research and Development | $22.96M | $22.82M | $15.81M | $30.08M | $23.97M | $6.88M | $9.67M | $5.87M | $3.1M | $14.79M | $25.11M | $46.22M | $55.32M | $39.95M | $21.55M | $18.48M | $24.16M | $7.82M | $27.15M | $41.1M | $24.49M | $10.71M | $7.65M | $8.96M | $5.22M | $3.26M | $5.6M | $10.5M | $11.6M | $11.2M | $7.2M | $0 |
| Selling, General, and Administrative | $31.87M | $16.25M | $11.44M | $10.72M | $9.13M | $7.61M | $6.85M | $6.95M | $3.53M | $8.93M | $11.8M | $10.63M | $9.89M | $7.79M | $6.23M | $5.84M | $3.96M | $3.29M | $8.22M | $7.58M | $5.57M | $5.87M | $3.01M | $3.24M | $3.31M | $4.38M | $6.5M | $6.5M | $7.2M | $3.8M | $2.2M | $3.5M |
| Other | $48K | -$229K | $0 | $0 | $0 | $0 | $133K | $126K | $165K | $0 | $0 | $0 | $120K | $138K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $600K | $800K | $600K | $500K | $400K | $300K |
| Total Operating Expenses | $54.65M | $38.84M | $27.25M | $40.8M | $33.09M | $14.49M | $16.53M | $12.81M | $6.63M | $23.72M | $36.91M | $56.85M | $65.21M | $47.74M | $27.78M | $24.32M | $28.12M | $11.11M | $35.37M | $48.68M | $30.06M | $16.58M | $10.66M | $12.2M | $8.53M | $7.64M | $12.7M | $17.8M | $19.4M | $15.5M | $9.8M | $3.8M |
| Operating Income (EBIT) | -$54.88M | -$39.07M | -$27.25M | -$40.8M | -$33.09M | -$14.75M | -$16.53M | -$12.81M | -$6.63M | -$21.19M | -$18.75M | -$29.47M | -$35.33M | -$25.99M | -$22.29M | -$14.74M | -$2.46M | -$6.26M | -$15.23M | -$26.29M | -$21.81M | -$16.58M | -$10.64M | -$12.17M | $216K | -$7.23M | $900K | -$11.9M | $100K | $1.6M | -$5M | -$8.2M |
| Operating Margin | - | - | - | - | - | - | - | - | - | -418.6% | -103.3% | -108.7% | -118.2% | -129.3% | -405.5% | -108.3% | -9.7% | -31.1% | -75.7% | -117.4% | -264.2% | -6.3% | -42552.6% | -48696.4% | 2.5% | -1771.0% | 7.4% | -233.3% | 0.5% | 9.6% | -111.1% | -745.5% |
| Interest Expense | $819K | $2.18M | $2.85M | $1.79M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $531K | $0 | $0 | $0 | $1.03M | $0 | $0 | $434 | $3K | $7K | $25K | $42K | $32K | $14K | $34K | $470K | $200K | $970K | $200K | $800K | $600K |
| Interest Income | $1.5M | $2.36M | $825K | $199K | $17K | $69K | $170K | $171K | $21K | $203K | $119K | $35K | $150K | $292K | $220K | $86K | $47K | $210K | $2.3M | $2.85M | $715K | $290K | $213K | $468K | $540K | $692K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $232K | -$758K | -$2.56M | -$1.55M | -$58K | $20K | $133K | $126K | -$7M | -$1.47M | $1.95M | $3.49M | $3.48M | $6.55M | $7.61M | -$4.88M | $117K | $421K | $2.17M | $2.74M | $712K | -$735K | $171K | $437K | $526K | $4.91M | $440K | $711K | $1M | $600K | -$400K | -$500K |
| Income Before Tax (EBT) | -$54.65M | -$39.83M | -$29.82M | -$42.35M | -$33.15M | -$14.73M | -$16.39M | -$12.69M | -$13.63M | -$20.13M | -$16.8M | -$26.24M | -$31.85M | -$21.1M | -$14.67M | -$15.58M | -$2.46M | -$10.69M | -$15.36M | -$26.4M | -$21.81M | -$16.31M | -$10.47M | -$11.74M | $742K | -$2.32M | $430K | -$11.17M | $1.1M | $2.2M | -$5.4M | -$8.7M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.05M | -$1.06M | $0 | -$3.49M | $0 | -$6.55M | $0 | -$3M | $3.01M | -$2.06M | -$2.17M | -$2.74M | -$712K | -$265K | $0 | -$101K | $200K | -$177K | $470K | -$730K | $100K | $500K | $500K | $200K |
| Net Income | -$54.65M | -$39.83M | -$29.82M | -$42.35M | -$33.15M | -$14.66M | -$16.39M | -$12.69M | -$10.58M | -$20.13M | -$16.8M | -$26.24M | -$31.85M | -$21.1M | -$14.67M | -$12.58M | $5.48M | -$4.2M | -$13.06M | -$23.55M | -$21.1M | -$16.31M | -$10.47M | -$11.64M | $542K | -$2.15M | $400K | -$11.2M | $1M | $1.7M | -$5.9M | -$8.9M |
| Net Income Margin | - | - | - | - | - | - | - | - | - | -397.6% | -92.5% | -96.8% | -106.6% | -105.0% | -267.0% | -92.4% | 21.4% | -20.9% | -64.9% | -105.2% | -255.6% | -6.2% | -41868.4% | -46543.2% | 6.2% | -525.8% | 3.3% | -219.6% | 5.3% | 10.2% | -131.1% | -809.1% |
| Supplementary Data | ||||||||||||||||||||||||||||||||
| EPS | -1.25 | -1.24 | -1.50 | -3.95 | -4.05 | -5.39 | -39.15 | -72.29 | -441.47 | -1478.66 | -1413.63 | -3189.89 | -4772.10 | -3432.80 | -3318.18 | -3938.65 | 1905.36 | -1677.57 | -13971.30 | -25323.97 | -27363.19 | -30260.84 | -23106.18 | -33726.96 | 1844.14 | -8873.71 | 1914.85 | -51612.90 | 4608.29 | 7906.98 | -27699.53 | -41784.04 |
| Diluted EPS | -1.25 | -1.24 | -1.50 | -3.95 | -4.05 | -5.39 | -39.15 | -72.29 | -441.47 | -1474.98 | -1413.63 | -3189.89 | -4772.10 | -3432.80 | -3318.18 | -3938.65 | 1905.36 | -1677.57 | -13971.30 | -25323.97 | -27363.19 | -30260.84 | -23106.18 | -33726.96 | 1844.14 | -8873.71 | 1914.85 | -51612.90 | 4608.29 | 7906.98 | -27699.53 | -41784.04 |
| Weighted Average OS | 43.59M | 32.07M | 19.83M | 10.59M | 8.12M | 2.72M | 412,320 | 175,510 | 23,972 | 13,613 | 11,885 | 8,226 | 6,674 | 6,146 | 4,422 | 3,195 | 2,577 | 2,506 | 935 | 930 | 771 | 539 | 453 | 345 | 294 | 242 | 227 | 217 | 217 | 215 | 213 | 213 |
| EBITDA | -$53.6M | -$37.42M | -$26.73M | -$40.33M | -$32.9M | -$14.47M | -$16.14M | -$12.4M | -$13.35M | -$19.94M | -$16.56M | -$26.02M | -$31.62M | -$21M | -$22.21M | -$15.53M | $1.42M | -$10.6M | -$12.41M | -$22.94M | -$20.5M | -$15.73M | -$10.26M | -$11.59M | $474K | -$6.88M | $590K | -$11.08M | $700K | $2.1M | -$4.6M | -$7.9M |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | -393.9% | -91.2% | -95.9% | -105.8% | -104.5% | -404.1% | -114.1% | 5.6% | -52.7% | -61.6% | -102.4% | -248.3% | -5.9% | -41030.9% | -46373.9% | 5.4% | -1683.4% | 4.9% | -217.3% | 3.7% | 12.7% | -102.2% | -718.2% |
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 | FY 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 1994-12-31 |
| Assets | ||||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $20.93M | $12.73M | $15.55M | $24.72M | $43.02M | $35.85M | $16.66M | $9.52M | $5.28M | $15.23M | $34.31M | $27.9M | $14.59M | $18.07M | $28.52M | $23.53M | $62.05M | $7.62M | $6.54M | $35.77M | $49.32M | $417K | $1.71M | $378K | $455K | $6.7M | $16.8M | $17M | $5.3M | $7.2M | $5.7M | $0 |
| Short-Term Investments | $15.47M | $21.61M | $0 | $0 | $0 | $0 | $0 | $5.09M | $0 | $10.23M | $20.88M | $19.16M | $24.63M | $57.31M | $36.41M | $61.57M | $2.52M | $5.89M | $27.66M | $22.51M | $0 | $20.16M | $17.95M | $15.96M | $14.67M | $6.77M | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $36.4M | $34.34M | $15.55M | $24.72M | $43.02M | $35.85M | $16.66M | $14.65M | $5.28M | $25.73M | $55.46M | $47.31M | $39.22M | $75.38M | $64.93M | $85.11M | $64.57M | $13.51M | $34.2M | $58.28M | $49.32M | $20.58M | $19.66M | $16.33M | $15.12M | $13.46M | $16.8M | $17M | $5.3M | $7.2M | $5.7M | $0 |
| Accounts Receivable | $0 | $0 | $111K | $105K | $153K | $0 | $8K | $7K | $9K | $510K | $125K | $5.79M | $8.88M | $1.04M | $812K | $1.22M | $3.11M | $153K | $456K | $8.04M | $7.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$50K | $222K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$63.85M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $3.48M | $2.13M | $1.32M | $2.5M | $0 | $0 | -$8K | $0 | $222K | $0 | $0 | $499K | $0 | $0 | $0 | $502K | $0 | $0 | $577K | $524K | $342K | $459K | $199K | $290K | $343K | $346K | $400K | $400K | $21.9M | $18.3M | $12.7M | $1.9M |
| Total Current Assets | $39.89M | $36.47M | $16.98M | $27.33M | $44.59M | $36.98M | $17.33M | $15.54M | $5.91M | $27.2M | $57.57M | $55.26M | $53.87M | $80.18M | $67.33M | $89.32M | $68.4M | $14.25M | $35.23M | $66.85M | $56.72M | $21.04M | $19.86M | $16.62M | $15.47M | $13.81M | $17.2M | $17.4M | $27.2M | $25.5M | $18.4M | $1.9M |
| Long-Term Assets | ||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $64K | $119K | $79K | $123K | $64K | $146K | $386K | $35K | $59K | $271K | $639K | $1.03M | $397K | $371K | $180K | $87K | $581K | $44K | $9.58M | $1.19M | $1.01M | $1.48M | $1.61M | $1.31M | $397K | $502K | $900K | $1.4M | $1.7M | $1.2M | $1.1M | $1.2M |
| Goodwill | $1.03M | $1.03M | $1.03M | $1.03M | $1.03M | $1.03M | $1.03M | $1.03M | $1.03M | $1K | $1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $751K | $974K | $1.2M | $1.42M | $1.64M | $1.86M | $2.09M | $2.31M | $2.53M | $3K | $3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $20K | $0 | $50K | $0 | $0 | $0 | $0 | $50K | $50K | $272K | $272K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.67M | $4K | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $283K | $0 | $0 | $0 | $0 | $0 | $0 | -$50K | -$50K | -$289K | -$313K | $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 | -$251K | $39K | $29K | $66K | $183K | $279K | $237K | $168K | $359K | $13K | $37K | $0 | $1.43M | $1.47M | $509K | $513K | $0 | $497K | $440K | $461K | $191K | $52K | $0 | $0 | -$14.67M | -$4K | $0 | $0 | $0 | $100K | $100K | $100K |
| Total Long-Term Assets | $1.9M | $2.17M | $2.39M | $2.64M | $2.92M | $3.32M | $3.74M | $3.55M | $3.98M | $271K | $639K | $1.03M | $1.82M | $1.84M | $689K | $600K | $581K | $541K | $10.02M | $1.65M | $1.2M | $1.53M | $1.61M | $1.31M | $397K | $502K | $900K | $1.4M | $1.7M | $1.3M | $1.2M | $1.3M |
| 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 | $0 |
| Total Assets | $41.79M | $38.63M | $19.37M | $29.97M | $47.52M | $40.3M | $21.08M | $19.08M | $9.89M | $27.47M | $58.21M | $56.29M | $55.69M | $82.02M | $68.02M | $89.92M | $68.98M | $14.79M | $45.25M | $68.49M | $57.91M | $22.57M | $21.47M | $17.93M | $15.86M | $14.31M | $18.1M | $18.8M | $28.9M | $26.8M | $19.6M | $3.2M |
| Liabilities | ||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||
| Accounts Payable | $867K | $1.95M | $618K | $1.66M | $841K | $332K | $859K | $144K | $213K | $2.12M | $1.34M | $72K | $139K | $1.33M | $3.22M | $893K | $14.45M | $0 | $1.46M | $2.37M | $5.67M | $815K | $1.89M | $1.8M | $1.2M | $800K | $3.04M | $3M | $2.6M | $2.2M | $1.4M | $900K |
| Short-Term Debt | $3.7M | $0 | $16.66M | $16.07M | $0 | $0 | $0 | $0 | $0 | $829K | $0 | $236K | $0 | $0 | $0 | $1.31M | $1.33M | $632K | $0 | $15K | $27K | $78K | $151K | $138K | $0 | $5M | $5M | $5.1M | $5.1M | $5.2M | $5.2M | $3.2M |
| 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 | -$70.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.04M | $5.04M | $15.66M | $13.49M | $0 | $18.27M | $10M | $26.53M | $0 | $0 | $5.55M | $5.55M | -$3.18B | $0 | $0 | $0 | $343 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $1.56M | $3.03M | $2.84M | $1.68M | $1.94M | $1.47M | $1.12M | $1.95M | $1.31M | $4.33M | $12.96M | $7.35M | $1.92M | $4.96M | $26.15M | $15.27M | $17.86M | $2.25M | $766K | $50K | $0 | $1.57M | $0 | $0 | $0 | $0 | -$41K | $1.2M | $1.8M | $2.2M | $1.6M | $4.7M |
| Total Current Liabilities | $9.08M | $6.68M | $20.81M | $21.6M | $4.55M | $2.94M | $2.87M | $3.27M | $2.01M | $8.46M | $20.66M | $22.22M | $14.93M | $11.56M | $30.79M | $27.48M | $42.31M | $2.88M | $6.37M | $19.91M | $11.24M | $3.26M | $2.04M | $1.94M | $1.2M | $5.8M | $8M | $9.3M | $9.5M | $9.6M | $8.2M | $8.8M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||
| Long-Term Debt | $11.19M | $9.84M | $0 | $0 | $14.92M | $0 | $0 | $12K | $0 | $0 | $105K | $0 | $0 | $0 | $0 | $6.7M | $3.71M | $1.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2M | $900K | $200K | $500K | $3.4M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.62M | $11.62M | $16.53M | $0 | $0 | $5.54B | $11.09B | $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 | $1.73M | -$7M | -$25.44M | $0 | $0 | $0 | -$11.09B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $1.15M | $0 | $0 | $0 | $0 | $0 | -$12K | $0 | $0 | -$105K | $0 | $0 | $0 | $0 | $0 | -$16.53M | $0 | $0 | $0 | $11.39M | $196K | $0 | $0 | $0 | $0 | $100K | $0 | $0 | $200K | $0 | $0 |
| Total Long-Term Liabilities | $11.19M | $11.05M | $6K | $69K | $14.92M | $77K | $159K | $12K | $240K | $49K | $105K | $14K | $3.54M | $4.25M | $6.34M | $18.32M | $3.71M | $1.2M | $6.98M | $5.54M | $11.41M | $238K | $121K | $272K | $1.2M | $5.8M | $100K | $2M | $900K | $400K | $500K | $3.4M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$240K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.2M | -$5.8M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $20.27M | $17.73M | $20.82M | $21.67M | $19.47M | $3.01M | $3.03M | $3.28M | $2.01M | $8.5M | $20.77M | $22.23M | $18.48M | $15.81M | $37.13M | $45.79M | $46.02M | $4.08M | $13.34M | $25.45M | $22.65M | $3.49M | $2.16M | $2.21M | $1.2M | $5.8M | $8.1M | $11.3M | $10.4M | $10M | $8.7M | $12.2M |
| 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 | $4M |
| Common Stock | $121K | $103K | $90K | $87K | $79K | $76K | $41K | $18K | $12K | $29K | $29K | $22K | $15K | $15K | $10K | $10K | $6K | $6K | $156.7M | $154.78M | $123.44M | $86.2M | $70.09M | $56.01M | $43.3M | $38.08M | $37.1M | $35.01M | $34.86M | $34.28M | $0 | $0 |
| Retained Earnings | -$260.23M | -$205.58M | -$165.75M | -$135.94M | -$93.59M | -$60.43M | -$45.7M | -$25.38M | -$12.69M | -$196.94M | -$176.81M | -$159.96M | -$133.69M | -$101.84M | -$80.74M | -$66.07M | -$53.48M | -$48.01M | -$124.8M | -$111.74M | -$88.19M | -$67.09M | -$50.78M | -$40.31M | -$28.68M | -$29.22M | -$27.1M | -$27.5M | -$16.3M | -$17.4M | -$19M | -$13.1M |
| Comprehensive Income & Other | $10K | $31K | $4K | $4K | $4K | $4K | $4K | $4K | $5K | $2.64M | $2.63M | $2.62M | $2.64M | $2.64M | $2.64M | $2.6M | $2.64M | $2.64M | $1K | -$333 | $7K | -$35K | $4K | $26K | $40K | $1K | $0 | -$20K | -$40K | -$80K | -$800K | -$400K |
| Other Stockholders' Equity | $281.62M | $226.37M | $164.21M | $144.15M | $121.55M | $97.64M | $63.71M | $41.16M | $20.56M | $215.88M | $214.22M | $194M | $170.88M | $168.03M | $111.62M | $110.18M | $76.44M | $58.71M | $1K | -$333 | $7K | -$35K | $4K | $26K | $40K | -$349K | $0 | -$10K | -$60K | -$80K | $29.9M | $4.1M |
| Total Equity | $21.52M | $20.9M | -$1.45M | $8.3M | $28.04M | $37.29M | $18.05M | $15.8M | $7.88M | $18.97M | $37.44M | $34.06M | $37.21M | $66.21M | $30.89M | $44.13M | $22.96M | $10.71M | $31.9M | $43.04M | $35.26M | $19.08M | $19.31M | $15.72M | $14.67M | $8.51M | $10M | $7.5M | $18.5M | $16.8M | $10.9M | -$9M |
| 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 | $0 |
| Total Liabilities and Equity | $41.79M | $38.63M | $19.37M | $29.97M | $47.52M | $40.3M | $21.08M | $19.08M | $9.89M | $27.47M | $58.21M | $56.29M | $55.69M | $82.02M | $68.02M | $89.92M | $68.98M | $14.79M | $45.25M | $68.49M | $57.91M | $22.57M | $21.47M | $17.93M | $15.86M | $14.31M | $18.1M | $18.8M | $28.9M | $26.8M | $19.6M | $3.2M |
| Supplementary Data | ||||||||||||||||||||||||||||||||
| Total Debt | $14.96M | $9.96M | $16.73M | $16.2M | $14.99M | $169K | $362K | $35K | $27K | $106K | $157K | $250K | $4.64M | $5.34M | $7.76M | $8.01M | $5.04M | $1.83M | $4.67M | $15K | $42K | $121K | $272K | $410K | $0 | $5M | $5M | $7M | $6M | $5.4M | $5.7M | $6.6M |
| Net Debt | -$5.97M | -$2.77M | $1.19M | -$8.52M | -$28.03M | -$35.68M | -$16.3M | -$9.48M | -$5.26M | -$15.13M | -$34.15M | -$27.65M | -$9.96M | -$12.74M | -$20.76M | -$15.52M | -$57.01M | -$5.79M | -$1.87M | -$35.76M | -$49.28M | -$296K | -$1.44M | $32K | -$455K | -$1.7M | -$11.8M | -$10M | $700K | -$1.8M | $0 | $6.6M |
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 | FY 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 1994-12-31 |
| Operating Activities | ||||||||||||||||||||||||||||||||
| Net Income | -$54.65M | -$39.83M | -$29.82M | -$42.35M | -$33.15M | -$14.73M | -$16.39M | -$12.69M | -$10.58M | -$20.13M | -$16.8M | -$26.24M | -$31.85M | -$21.1M | -$14.67M | -$12.58M | -$5.48M | -$4.2M | -$13.06M | -$23.55M | -$21.1M | -$16.31M | -$10.47M | -$11.64M | $542K | -$2.15M | $400K | -$11.2M | $1M | $1.7M | -$5.9M | -$8.9M |
| Depreciation & Amortization | $228K | $229K | $228K | $236K | $250K | $255K | $254K | $282K | $282K | $188K | $244K | $223K | $227K | $100K | $75K | $52K | $50K | $89K | $656K | $610K | $586K | $515K | $380K | $581K | $258K | $358K | $600K | $800K | $600K | $500K | $400K | $300K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | -$2.32M | $0 | $0 | -$3.05M | -$2.52M | -$4.22M | -$3.21M | -$6.04M | -$4.46M | $7.29M | $5.07M | -$380K | $0 | -$1.66B | -$2.17B | $0 | $0 | $0 | $0 | -$50.22M | $0 | $0 | $0 | $0 | $0 | $200K | -$200K |
| Stock-Based Compensation | $8.76M | $5.33M | $3.44M | $3.27M | $2.19M | $1.29M | $1.2M | $854K | $348K | $1.65M | $2.33M | $3.86M | $2.83M | $2.17M | $1.19M | $642K | $380K | $174K | $1.66B | $2.17B | $0 | $0 | $0 | $0 | $50.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||||
| Accounts Receivable | $0 | $111K | $0 | $48K | -$153K | $0 | -$1K | $2K | -$9K | -$464K | $5.66M | $2.98M | -$7.94M | -$265K | $0 | $0 | -$2.96M | $0 | $8.04B | -$987.13M | -$7.06B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $1K | $285K | -$3.66M | -$4.92M | -$4.86M | $8.97M | $5.04M | -$3.12M | $0 | $0 | $954K | $0 | -$8.61B | $1.36B | $4.56B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$1.08M | $1.33M | -$1.04M | $799K | $509K | -$527K | $715K | -$69K | $118K | $778K | $1.27M | -$67K | -$1.19M | $3.83M | -$13.56M | -$13.56M | $12.2M | -$2.24M | $563.96M | -$362.03M | $2.49B | $1.53B | $602.23M | $602.23M | $398.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$3.18M | $969K | $264K | -$768K | $878K | $242K | -$988K | $710K | $458K | -$6.12M | $4.95M | -$309K | $164K | -$18.85M | $14.1M | -$6.36M | $29.73M | -$2.01M | -$11M | -$6.12M | $12.16M | -$1.53B | -$602.06M | -$601.58M | -$397.81M | -$2.16M | -$1.1M | -$9.61M | -$300K | $1.1M | -$2.5M | $5.2M |
| Total Working Capital Change | -$4.27M | $2.41M | -$778K | $79K | $1.23M | -$285K | -$273K | $928K | -$3.09M | -$10.72M | $7.03M | $11.58M | -$3.93M | -$18.4M | $535K | -$19.92M | $39.92M | -$4.25M | -$12.21M | $1.39M | $12.16M | $1.17M | $177K | $655K | $401K | -$2.16M | -$1.1M | -$9.61M | -$300K | $1.1M | -$2.5M | $5.2M |
| Other Non-Cash Items | $460K | $2.09M | $2.45M | $1.2M | $41K | $2.32M | -$3K | $1.49M | $6.99M | $1.85M | $2.33M | -$3.52M | $2.83M | -$1.81M | -$14.67M | -$96K | $380K | -$4.12M | $1.26M | $1.87M | -$4K | $0 | $0 | $0 | $50K | -$20K | $0 | $9.71M | $100K | $200K | -$100K | $100K |
| Net Cash from Operating | -$49.47M | -$29.77M | -$24.48M | -$37.57M | -$29.44M | -$13.47M | -$15.22M | -$10.62M | -$9.11M | -$29.68M | -$9.1M | -$17.31M | -$35.93M | -$43.49M | -$20.26M | -$26.84M | $34.88M | -$12.31M | -$23.34M | -$19.68M | -$8.36M | -$14.62M | -$9.91M | -$10.4M | $1.25M | -$3.97M | -$100K | -$10.3M | $1.4M | $3.5M | -$7.8M | -$3.5M |
| Investing Activities | ||||||||||||||||||||||||||||||||
| Capital Expenditures | -$3K | $0 | -$21K | $0 | $0 | -$17K | -$53K | -$46K | $0 | -$46K | -$371K | -$82K | -$253K | -$291K | -$79K | -$68K | -$15K | -$3K | -$1.4M | -$789K | -$119K | -$426K | -$687K | -$905K | -$188K | -$39K | $0 | -$500K | -$1.2M | -$500K | -$300K | -$700K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | -$5K | $10K | $12.65M | $0 | -$3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $426M | $904.93M | $904.93M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$24.75M | -$47.89M | $0 | $0 | $0 | $0 | -$25K | -$5.54M | $0 | -$36.5M | -$24.37M | -$19.45M | -$31.7M | -$110.44M | -$75.15M | -$93.02M | -$4.04M | -$4.84M | -$46.44M | -$22.59M | $0 | -$31.83M | -$21.88M | -$28.23M | -$23.67M | -$8.64M | -$20.8M | -$28.3M | -$36.8M | -$74.3M | -$49.9M | -$18.7M |
| Sales of Investments | $30.87M | $26.31M | $0 | $0 | $0 | $0 | $5.11M | $450K | $0 | $47.16M | $22.66M | $24.89M | $64.38M | $89.55M | $100.29M | $33.96M | $6.28M | $15.28M | $41.69M | $372K | $20.21M | $29.62M | $19.87M | $26.71M | $15.83M | $12.84M | $21.6M | $37.9M | $33.4M | $68.9M | $38.9M | $19.2M |
| Other Investing Activities | $3K | $0 | $0 | $0 | $0 | $0 | $5K | $10K | $12.65M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.66M | $0 | $0 | $4K | -$426M | -$904.93M | -$904.93M | $6K | $33K | $0 | $0 | $0 | $0 | $100K | $100K |
| Net Cash from Investing | $6.11M | -$21.58M | -$21K | $0 | $0 | -$17K | $5.04M | -$5.13M | $12.65M | $10.61M | -$2.08M | $5.37M | $32.43M | -$21.19M | $25.07M | -$59.13M | $2.23M | $15.09M | -$6.15M | -$23M | $20.1M | -$2.64M | -$2.7M | -$2.43M | -$8.02M | $4.19M | $800K | $9.1M | -$4.6M | -$5.9M | -$11.2M | -$100K |
| Financing Activities | ||||||||||||||||||||||||||||||||
| Debt Repaid | -$5M | $8.29M | - | - | -$14.93M | - | - | - | - | - | - | - | - | - | - | - | - | - | $15K | $27K | $78K | $151K | $138K | -$43K | - | - | $62K | -$1.06M | -$600K | $200K | -$2.1M | -$2.5M |
| Common Stock Issuance | $46.53M | $56.08M | $15.3M | $19.21M | $21.34M | $29.5M | $13.13M | $18.43M | $1.94M | $0 | $17.63M | $25.25M | $0 | $53.78M | $219K | $32.32M | $17.35M | $124K | $263K | $29.16M | $37.24M | $16.12M | $14.07M | $12.71M | $5.17M | $585K | $54K | $149K | $600K | $4.2M | $19M | $1.1M |
| Common Stock Repurchases | $0 | $0 | -$30K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $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 | $0 |
| Other Financing Activities | $0 | $746K | $7K | $103K | $338K | $3.18M | $4.2M | $1.32M | -$5K | -$2K | -$38K | $1K | $10K | $462K | $219K | $15.16M | $0 | -$3K | -$235 | $0 | $0 | $0 | $0 | $0 | $350K | $0 | $0 | $0 | $0 | $0 | $3.5M | -$100K |
| Net Cash from Financing | $51.53M | $48.53M | $15.28M | $19.32M | $36.61M | $32.68M | $17.32M | $19.76M | $2M | -$2K | $17.59M | $25.25M | $10K | $54.24M | $219K | $47.48M | $17.35M | $121K | $248K | $29.14M | $37.16M | $15.97M | $13.94M | $12.75M | $5.52M | $585K | $100K | $1.2M | $1.2M | $4M | $24.6M | $3.5M |
| Forex Effect | $3K | $30K | -$3K | $3K | -$1K | $0 | $4K | $0 | -$1K | $0 | $0 | -$1K | $9K | $0 | -$40K | -$33K | -$21K | $90K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$100K | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $8.18M | -$2.79M | -$9.22M | -$18.25M | $7.17M | $19.19M | $7.15M | $4.01M | $5.54M | -$19.08M | $6.41M | $13.3M | -$3.48M | -$10.44M | $4.98M | -$38.52M | $54.43M | $2.99M | -$29.24M | -$13.55M | $48.9M | -$1.29M | $1.33M | -$77K | -$1.24M | $802K | $700K | $0 | -$2M | $1.6M | $5.6M | -$100K |
| Supplementary Data | ||||||||||||||||||||||||||||||||
| Operating Cash Flow | -$49.47M | -$29.77M | -$24.48M | -$37.57M | -$29.44M | -$13.47M | -$15.22M | -$10.62M | -$9.11M | -$29.68M | -$9.1M | -$17.31M | -$35.93M | -$43.49M | -$20.26M | -$26.84M | $34.88M | -$12.31M | -$23.34M | -$19.68M | -$8.36M | -$14.62M | -$9.91M | -$10.4M | $1.25M | -$3.97M | -$100K | -$10.3M | $1.4M | $3.5M | -$7.8M | -$3.5M |
| Capital Expenditure | -$3K | $0 | -$21K | $0 | $0 | -$17K | -$53K | -$46K | $0 | -$46K | -$371K | -$82K | -$253K | -$291K | -$79K | -$68K | -$15K | -$3K | -$1.4M | -$789K | -$119K | -$426K | -$687K | -$905K | -$188K | -$39K | $0 | -$500K | -$1.2M | -$500K | -$300K | -$700K |
| Free Cash Flow | -$49.47M | -$29.77M | -$24.5M | -$37.57M | -$29.44M | -$13.49M | -$15.27M | -$10.67M | -$9.11M | -$29.73M | -$9.47M | -$17.39M | -$36.18M | -$43.78M | -$20.34M | -$26.91M | $34.86M | -$12.31M | -$24.73M | -$20.47M | -$8.48M | -$15.05M | -$10.6M | -$11.3M | $1.06M | -$4.01M | -$100K | -$10.8M | $200K | $3M | -$8.1M | -$4.2M |
| Cash at Beginning | $12.77M | $15.55M | $24.77M | $43.07M | $35.9M | $16.71M | $9.56M | $5.56M | $15K | $34.31M | $27.9M | $14.59M | $18.07M | $28.52M | $23.53M | $62.05M | $7.62M | $4.63M | $35.77M | $49.32M | $417K | $1.71M | $378K | $455K | $1.7M | $5.89M | $5.2M | $17M | $7.2M | $5.7M | $0 | $100K |
| Cash at End | $20.95M | $12.75M | $15.55M | $24.82M | $43.07M | $35.9M | $16.71M | $9.56M | $5.56M | $15.23M | $34.31M | $27.9M | $14.59M | $18.07M | $28.52M | $23.53M | $62.05M | $7.62M | $6.54M | $35.77M | $49.32M | $417K | $1.71M | $378K | $455K | $6.7M | $5.9M | $17M | $5.2M | $7.3M | $5.6M | $0 |