AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)
American Superconductor Corporation (AMSC), along with its affiliated entities, delivers robust, large-scale power infrastructure and resiliency solutions across the globe. Its operations are primarily divided into two distinct segments: Grid and Wind. The Grid segment, marketed under the Gridtec Solutions brand, supplies essential products and services designed to empower electric utilities, industrial operations, and renewable energy developers. These offerings facilitate the seamless connection, transmission, and distribution of electrical power, complemented by expert engineering and planning services. Within this segment, AMSC delivers transmission planning to diagnose issues like grid congestion, suboptimal power quality, and other systemic vulnerabilities. It provides critical grid interconnection solutions for large-scale renewable projects like wind and solar farms, alongside comprehensive power quality and transmission & distribution (T&D) cable systems. Key technologies include its D-VAR® systems for precise control of power flow and voltage within AC transmission networks, the actiVAR™ solution for rapid medium-voltage reactive compensation, and the armorVAR™ system, which enhances power quality, corrects power factor, reduces energy losses, and mitigates concerns from converter-based devices. Furthermore, D-VAR® VVO technology optimizes voltage and reactive power on the distribution network. Additionally, the Grid segment extends its expertise to naval applications, supplying advanced ship protection systems that minimize magnetic signatures, along with integrated power delivery, generation, and propulsion systems, as well as specialized transformers and rectifiers. The Wind segment, operating under the Windtec Solutions brand, focuses on designing cutting-edge wind turbine systems and subsequently licensing these innovative designs to external manufacturers. Beyond the core designs, this segment provides crucial power electronics, sophisticated software control systems, bespoke engineered solutions, and ongoing customer support for wind turbine producers. Its comprehensive design portfolio encompasses various drivetrains and power ratings, starting from 2 megawatts. Established in 1987, AMSC maintains its corporate headquarters in Ayer, Massachusetts.
Sector: Motors & Generators
Industry: Electrical Equipment & Parts
American Superconductor Corporation
NASDAQ:AMSCIndustrials · Electrical Equipment & Parts
+0.44%$25.12
AH Close$25.05-0.28%vs close
AH Close$25.05-0.28%vs close
Mkt Cap$1.22B
Float46.7M
O/S48.44M
Inst Own73.7%
SI8.3%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$299.15M
Net Income$133.81M
Total Assets$752.21M
Free Cash Flow$18.26M
Debt & Equity
Debt 1%
Equity 99%
Total Debt$4M
Total Equity$555.45M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:10Reverse splitMar 25, 201510 shares → 1
Balance Sheet Details
Assets$752.21M
Liabilities$196.76M
Accounts Receivable$69.38M
Accounts Payable$13.02M
Inventory$103.75M
PP&E (Net)$93.67M
Goodwill$175.38M
Intangible Assets$13.55M
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 | FY 1993 | FY 1992 | FY 1991 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 | 2001-03-31 | 2000-03-31 | 1999-03-31 | 1998-03-31 | 1997-03-31 | 1996-03-31 | 1995-03-31 | 1994-03-31 | 1993-03-31 | 1992-03-31 |
| Revenue | $299.15M | $222.82M | $145.64M | $105.98M | $108.44M | $87.13M | $63.84M | $56.21M | $48.4M | $75.19M | $96.02M | $70.53M | $84.12M | $87.42M | $76.54M | $286.6M | $315.95M | $182.75M | $112.4M | $52.18M | $50.87M | $58.28M | $41.31M | $21.02M | $11.65M | $16.77M | $15.11M | $11.26M | $15.13M | $10.55M | $7.13M | $4.3M | $3.9M | $3.2M | $2.9M |
| YoY Growth | 34.3% | 53.0% | 37.4% | -2.3% | 24.5% | 36.5% | 13.6% | 16.1% | -35.6% | -21.7% | 36.1% | -16.2% | -3.8% | 14.2% | -73.3% | -9.3% | 72.9% | 62.6% | 115.4% | 2.6% | -12.7% | 41.1% | 96.5% | 80.4% | -30.5% | 10.9% | 34.3% | -25.6% | 43.4% | 48.0% | 65.8% | 10.3% | 21.9% | 10.3% | - |
| Cost of Revenue | $210.15M | $160.96M | $110.36M | $97.46M | $94.94M | $69.67M | $54.39M | $42.19M | $44.61M | $64.35M | $74.04M | $67.44M | $72.86M | $71.94M | $82.88M | $308.18M | $200.98M | $130.88M | $80.36M | $52.7M | $53.45M | $57.87M | $44.28M | $32.2M | $19.4M | $14.12M | $12.44M | $12.02M | $14.33M | $10.58M | $7.33M | $2.9M | $2.9M | $2.4M | $2.3M |
| Gross Profit | $89.01M | $61.85M | $35.28M | $8.52M | $13.49M | $17.45M | $9.45M | $14.02M | $3.79M | $10.84M | $21.98M | $3.09M | $11.26M | $15.48M | -$6.34M | -$21.58M | $114.98M | $51.87M | $32.03M | -$517K | -$2.58M | $409K | -$2.97M | -$11.18M | -$7.75M | $2.65M | $2.67M | -$763K | $796K | -$27K | -$200K | $1.4M | $1M | $800K | $600K |
| Gross Margin | 29.8% | 27.8% | 24.2% | 8.0% | 12.4% | 20.0% | 14.8% | 24.9% | 7.8% | 14.4% | 22.9% | 4.4% | 13.4% | 17.7% | -8.3% | -7.5% | 36.4% | 28.4% | 28.5% | -1.0% | -5.1% | 0.7% | -7.2% | -53.2% | -66.5% | 15.8% | 17.7% | -6.8% | 5.3% | -0.3% | -2.8% | 32.6% | 25.6% | 25.0% | 20.7% |
| Research and Development | $15.74M | $11.43M | $7.99M | $8.97M | $10.47M | $11.02M | $9.56M | $9.87M | $11.59M | $12.54M | $12.3M | $11.88M | $12.17M | $15.32M | $27.27M | $32.52M | $23.59M | $19.68M | $15.65M | $17.45M | $14.96M | $9.04M | $14.06M | $21.94M | $27.81M | $22.83M | $13.21M | $10.41M | $8.64M | $8.48M | $5.34M | $4.6M | $3.8M | $0 | $0 |
| Selling, General, and Administrative | $56.4M | $43.09M | $31.6M | $28.7M | $27.49M | $25.32M | $22.67M | $22.03M | $22.58M | $25.69M | $28.86M | $29.22M | $37.23M | $49.65M | $72.12M | $72.38M | $50.45M | $37.52M | $28.75M | $17.89M | $10.99M | $11.72M | $8.66M | $16.16M | $16.31M | $14.21M | $6.69M | $6.08M | $4.91M | $4.29M | $3.32M | $2.9M | $2.4M | $5.3M | $2.2M |
| Other | $0 | $8.41M | $7.06M | $3.86M | -$3.38M | $4.28M | $340K | -$51.91M | $1.78M | $157K | $936K | $14.51M | $3.29M | $8.25M | $30.71M | $51.5M | $2.28M | $2.88M | $12.52M | $668K | $4.96M | $0 | $0 | $39.23M | $9.68M | $0 | $2.25M | $0 | $155K | $710K | $0 | $1.5M | $1M | $600K | $500K |
| Total Operating Expenses | $72.15M | $62.93M | $46.65M | $41.53M | $34.58M | $40.62M | $32.57M | -$20.01M | $35.95M | $38.38M | $42.1M | $55.6M | $52.69M | $73.22M | $130.1M | $156.4M | $76.32M | $60.07M | $56.92M | $36.02M | $30.91M | $20.76M | $22.71M | $77.33M | $53.8M | $37.05M | $22.15M | $16.49M | $13.71M | $13.48M | $8.66M | $9M | $7.2M | $5.9M | $2.7M |
| Operating Income (EBIT) | $16.86M | -$1.08M | -$11.37M | -$33.01M | -$21.09M | -$23.16M | -$23.13M | $34.02M | -$32.16M | -$27.54M | -$20.12M | -$52.52M | -$41.43M | -$57.74M | -$136.44M | -$177.98M | $38.66M | -$8.2M | -$24.89M | -$36.53M | -$33.49M | -$20.35M | -$25.69M | -$88.51M | -$61.55M | -$34.4M | -$19.47M | -$17.25M | -$12.91M | -$13.5M | -$8.86M | -$7.6M | -$6.2M | -$5.1M | -$2.1M |
| Operating Margin | 5.6% | -0.5% | -7.8% | -31.1% | -19.4% | -26.6% | -36.2% | 60.5% | -66.4% | -36.6% | -21.0% | -74.5% | -49.3% | -66.1% | -178.3% | -62.1% | 12.2% | -4.5% | -22.1% | -70.0% | -65.8% | -34.9% | -62.2% | -421.1% | -528.3% | -205.1% | -128.8% | -153.2% | -85.3% | -128.0% | -124.3% | -176.7% | -159.0% | -159.4% | -72.4% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $383K | $1.04M | $1.88M | $9.66M | $14.95M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $6.36M | $3.71M | $1.3M | $252K | $75K | $426K | $1.33M | $1.12M | $147K | $0 | $0 | $0 | $0 | $0 | $243K | $830K | $788K | $2.79M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$112K | $3.44M | $566K | -$1.82M | $47K | -$345K | $6.23M | -$882K | -$780K | $1.31M | -$630K | $3.68M | -$13.98M | -$8.65M | $981K | $7.65M | -$1.91M | $296K | $2.32M | $1.75M | $33.49M | $20.35M | $25.69M | $88.51M | $61.55M | $34.4M | $19.47M | $17.25M | $12.91M | $13.5M | $8.86M | $7.6M | $6.2M | $5.1M | $2.1M |
| Income Before Tax (EBT) | $16.75M | $2.37M | -$10.8M | -$34.83M | -$21.04M | -$23.51M | -$16.9M | $33.14M | -$32.94M | -$26.23M | -$20.75M | -$48.84M | -$55.41M | -$66.39M | -$135.46M | -$170.33M | $36.76M | -$7.9M | -$22.57M | -$34.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Tax Expense | -$117.06M | -$3.67M | $309K | $215K | -$1.85M | -$832K | $195K | $6.38M | -$161K | $1.14M | $2.39M | -$184K | $852K | -$264K | $1.37M | $15.95M | $20.51M | $8.73M | $2.88M | -$101K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $133.81M | $6.03M | -$11.11M | -$35.04M | -$19.19M | -$22.68M | -$17.1M | $26.76M | -$32.78M | -$27.37M | -$23.14M | -$48.66M | -$56.26M | -$66.13M | -$136.83M | -$186.28M | $16.25M | -$16.64M | -$25.45M | -$34.67M | -$30.88M | -$19.66M | -$26.73M | -$87.63M | -$56.98M | -$21.68M | -$17.6M | -$15.33M | -$12.38M | -$13.38M | -$7.32M | -$5.8M | -$5.4M | -$4.3M | -$1.7M |
| Net Income Margin | 44.7% | 2.7% | -7.6% | -33.1% | -17.7% | -26.0% | -26.8% | 47.6% | -67.7% | -36.4% | -24.1% | -69.0% | -66.9% | -75.6% | -178.8% | -65.0% | 5.1% | -9.1% | -22.6% | -66.4% | -60.7% | -33.7% | -64.7% | -416.9% | -489.1% | -129.3% | -116.4% | -136.1% | -81.8% | -126.8% | -102.7% | -134.9% | -138.5% | -134.4% | -58.6% |
| Supplementary Data | |||||||||||||||||||||||||||||||||||
| EPS | 3.12 | 0.16 | -0.37 | -1.26 | -0.71 | -0.95 | -0.81 | 1.32 | -1.73 | -1.98 | -1.76 | -5.74 | -8.98 | -12.46 | -26.91 | -39.55 | 3.70 | -3.89 | -6.50 | -10.43 | -9.45 | -6.97 | -11.05 | -42.07 | -27.92 | -10.77 | -11.12 | -10.13 | -10.62 | -9.93 | -7.71 | -6.90 | -6.78 | -5.50 | -3.10 |
| Diluted EPS | 3.05 | 0.16 | -0.37 | -1.26 | -0.71 | -0.95 | -0.81 | 1.29 | -1.73 | -1.98 | -1.76 | -5.74 | -8.98 | -12.46 | -26.91 | -39.55 | 3.60 | -3.89 | -6.50 | -10.43 | -9.45 | -6.97 | -11.05 | -42.07 | -27.92 | -10.77 | -11.12 | -10.13 | -10.62 | -9.93 | -7.71 | -6.90 | -6.78 | -5.50 | -3.10 |
| Weighted Average OS | 42.95M | 36.99M | 29.82M | 27.85M | 27.20M | 23.88M | 20.98M | 20.34M | 18.95M | 13.80M | 13.15M | 8.48M | 6.26M | 5.31M | 5.08M | 4.71M | 4.44M | 4.27M | 3.91M | 3.33M | 3.27M | 2.82M | 2.42M | 2.08M | 2.04M | 2.01M | 1.58M | 1.51M | 1.17M | 1.05M | 947,093 | 840,580 | 795,918 | 781,818 | 548,387 |
| EBITDA | $25.2M | $12.14M | -$1.97M | -$26.53M | -$21.6M | -$14.75M | -$18.82M | -$13.62M | -$19.1M | -$20.02M | -$11.37M | -$37.6M | -$27.82M | -$36.77M | -$91.25M | -$116.73M | $48.9M | $1.24M | -$7.33M | -$31.25M | -$25.58M | -$12.16M | -$18.08M | -$80.41M | -$50.38M | -$30.3M | -$17.22M | -$15.31M | -$10.64M | -$10.81M | -$7.24M | -$6.1M | -$5.2M | -$4.5M | -$1.6M |
| EBITDA Margin | 8.4% | 5.4% | -1.3% | -25.0% | -19.9% | -16.9% | -29.5% | -24.2% | -39.5% | -26.6% | -11.8% | -53.3% | -33.1% | -42.1% | -119.2% | -40.7% | 15.5% | 0.7% | -6.5% | -59.9% | -50.3% | -20.9% | -43.8% | -382.5% | -432.4% | -180.7% | -113.9% | -136.0% | -70.3% | -102.5% | -101.5% | -141.9% | -133.3% | -140.6% | -55.2% |
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 | FY 1993 | FY 1992 | FY 1991 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 | 2001-03-31 | 2000-03-31 | 1999-03-31 | 1998-03-31 | 1997-03-31 | 1996-03-31 | 1995-03-31 | 1994-03-31 | 1993-03-31 | 1992-03-31 |
| Assets | |||||||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $144.24M | $79.49M | $90.52M | $23.36M | $40.58M | $67.81M | $24.7M | $77.48M | $34.08M | $26.78M | $39.33M | $20.49M | $43.11M | $39.24M | $46.28M | $123.78M | $87.59M | $70.67M | $67.83M | $15.92M | $35.17M | $38.59M | $31.24M | $18.49M | $37.17M | $89.06M | $126.92M | $24.97M | $1.84M | $577K | $4.1M | $1.5M | $6.4M | $4.3M | $25.8M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $5.14M | $30.15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.3M | $116.13M | $60.18M | $39.26M | $38.4M | $19.4M | $30.5M | $40.63M | $15.05M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $144.24M | $79.49M | $90.52M | $23.36M | $40.58M | $72.95M | $54.85M | $77.48M | $34.08M | $26.78M | $39.33M | $20.49M | $43.11M | $39.24M | $51.58M | $239.91M | $147.78M | $109.93M | $106.23M | $35.32M | $65.67M | $79.22M | $46.29M | $18.49M | $37.17M | $89.06M | $126.92M | $24.97M | $1.84M | $577K | $4.1M | $1.5M | $6.4M | $4.3M | $25.8M |
| Accounts Receivable | $69.38M | $46.19M | $26.32M | $30.66M | $20.28M | $13.27M | $16.99M | $10.74M | $10.37M | $7.96M | $19.26M | $9.88M | $7.56M | $18.86M | $19M | $15.26M | $62.2M | $50.1M | $37.11M | $18.05M | $9.01M | $5.46M | $8.57M | $5.45M | $7.58M | $13.42M | $7.32M | $4.1M | $2.99M | $2.9M | $2.09M | $2.5M | $800K | $400K | $200K |
| Inventory | $103.75M | $71.17M | $41.86M | $36.99M | $23.67M | $13.31M | $18.98M | $12.12M | $19.78M | $17.46M | $18.51M | $20.6M | $20.69M | $33.47M | $29.26M | $25.83M | $35.86M | $35.13M | $10.91M | $6.85M | $9.01M | $6.87M | $4.89M | $5.12M | $13.21M | $14.3M | $9.25M | $5.02M | $3.23M | $1.05M | $800K | $700K | $100K | $100K | $0 |
| Other Current Assets | $14.37M | $9.67M | $7.76M | $15.16M | $2.75M | $2.16M | $508K | $3.05M | $2.95M | $795K | $457K | $2.82M | $2.91M | $28.61M | $12.29M | $6.05M | $1.78M | $1.16M | $14.61M | $512K | $0 | $0 | $0 | $0 | $0 | $0 | $1.9M | $0 | $0 | $2.44M | $0 | $200K | $200K | $12.4M | $0 |
| Total Current Assets | $331.74M | $206.52M | $166.47M | $106.17M | $94.34M | $105.23M | $94.28M | $103.4M | $67.18M | $55.7M | $83.34M | $64.55M | $83.28M | $120.19M | $143.57M | $319.81M | $262.99M | $212.51M | $173.32M | $62.25M | $84.59M | $92.68M | $60.65M | $30.32M | $58.68M | $117.38M | $144.29M | $34.63M | $8.61M | $4.86M | $7.2M | $4.9M | $7.5M | $17.2M | $26M |
| Long-Term Assets | |||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $93.67M | $42.4M | $13.42M | $15.17M | $17.16M | $12.74M | $11.92M | $8.97M | $12.51M | $43.44M | $49.78M | $56.1M | $64.57M | $74.63M | $90.83M | $96.49M | $64.31M | $54.84M | $54.31M | $49.93M | $44.78M | $51.34M | $56.63M | $61.04M | $97.72M | $42.31M | $9.78M | $6.11M | $4.42M | $3.26M | $3.5M | $3.8M | $3.5M | $1.7M | $1.1M |
| Goodwill | $175.38M | $48.16M | $43.47M | $43.47M | $43.47M | $34.63M | $1.72M | $1.72M | $1.72M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $36.7M | $26.23M | $18.53M | $5.13M | $1.11M | $1.11M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $13.55M | $5.92M | $6.37M | $8.53M | $11.31M | $9.15M | $3.55M | $2.89M | $3.23M | $301K | $854K | $1.42M | $2M | $2.75M | $3.77M | $7.05M | $7.77M | $8.86M | $11.58M | $12.85M | $2.93M | $5.37M | $1.11M | $1.11M | $1.11M | $1.11M | $0 | $0 | $0 | $0 | $0 | $100K | $100K | $100K | $300K |
| Long-Term Investments | $4.64M | $1.11M | $0 | $0 | $0 | $0 | $5.05M | $715K | $2.56M | $165K | $934K | $0 | $5.54M | $7.46M | $0 | $0 | $7.34M | -$1.16M | -$2.29M | -$513.89M | $0 | $8.36B | $6.36B | $1.56B | $31.03B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $132.2M | $1.18M | $1.12M | $1.11M | $1.22M | $1.22M | $1.55M | $1.36M | $542K | $407K | $96K | $7.77M | $7.72M | $5.35M | $3.13M | $5.84M | $1.78M | $1.16M | $2.29M | $513.89M | $0 | -$8.36B | -$6.36B | -$1.56B | -$31.03B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.03M | $5.23M | $1.93M | $1.11M | $6.39M | $5.88M | $6.04M | $279K | $436K | $233K | $315K | $3.99M | $5.4M | $6.38M | $13.76M | $12.02M | $19.29M | $6.67M | $3.49M | $2.28M | $59K | $8.43M | $11.51M | $9.52M | $40.29M | $79.12M | $94.85M | $7.38M | $6.52M | $15.49M | $22.3M | $31.7M | $34.9M | $5.1M | $0 |
| Total Long-Term Assets | $420.47M | $104M | $66.3M | $69.39M | $79.55M | $63.64M | $29.83M | $15.93M | $21M | $44.54M | $51.98M | $69.27M | $85.23M | $96.57M | $111.48M | $121.4M | $137.19M | $96.6M | $87.92M | $70.18M | $48.88M | $66.24M | $69.25M | $71.66M | $139.12M | $122.54M | $104.62M | $13.5M | $10.94M | $18.75M | $25.8M | $35.6M | $38.5M | $6.9M | $1.4M |
| Other Assets | $0 | $1K | $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 | $0 |
| Total Assets | $752.21M | $310.52M | $232.77M | $175.56M | $173.89M | $168.87M | $124.11M | $119.33M | $88.17M | $100.24M | $135.32M | $133.82M | $168.51M | $216.75M | $255.06M | $441.21M | $400.18M | $309.11M | $261.23M | $132.43M | $133.47M | $158.92M | $129.9M | $101.98M | $197.79M | $239.93M | $248.91M | $48.13M | $19.55M | $23.61M | $33M | $40.5M | $46M | $24.1M | $27.4M |
| Liabilities | |||||||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||||||
| Accounts Payable | $13.02M | $6.73M | $4.48M | $13.94M | $13.19M | $5.35M | $10.04M | $2.94M | $3.1M | $3.21M | $5.84M | $7.06M | $1.75M | $7.15M | $8.19M | $40.07M | $33.76M | $23.88M | $16.37M | $9.72M | $7.76M | $3.72M | $11.54M | $9.77M | $20.78M | $8.58M | $6.34M | $4.17M | $3.33M | $4.28M | $1.28M | $1.4M | $1.3M | $1.3M | $600K |
| Short-Term Debt | $1.24M | $0 | $25K | $75K | $72K | $0 | $0 | $0 | $0 | $1.48M | $2.62M | $3.76M | $6.24M | $8.77M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $30K | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $305K | $346K | $409K | $405K | $522K | $933K | $3.36M | $536K | $1.34M | $1.28M | $278K | $173K | $133K | $192K | $0 | $20.47M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $77.94M | $66.8M | $50.73M | $43.57M | $22.81M | $13.27M | $18.43M | $7.56M | $13.48M | $14.32M | $12M | $11.02M | $9.46M | $29.8M | $19.72M | $10.3M | $19.97M | $21.07M | $10.63M | $3.78M | $1.87M | $2.01M | $2.91M | $1.14M | $1.06M | $0 | $371K | $0 | $187K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $30.18M | $14.69M | $15.7M | $12.35M | $8.86M | $14.07M | $5.68M | $9.12M | $6.61M | $6.82M | $11.74M | $11.34M | $16.5M | $22.95M | $49.84M | $44.6M | $21.15M | $21.15M | $21.98M | -$3.77B | $0 | $0 | $14.43M | $10.9M | $21.82M | $0 | $0 | $0 | $0 | -$3.6M | $16K | $600K | $500K | $700K | $500K |
| Total Current Liabilities | $138.53M | $99.76M | $78.81M | $84.11M | $53.96M | $40.74M | $40.96M | $28.38M | $27.32M | $32.22M | $41.01M | $47.23M | $47.82M | $79.76M | $86.32M | $145.18M | $104.29M | $81.32M | $48.98M | $27.31M | $18.37M | $15.41M | $14.45M | $10.91M | $21.84M | $8.58M | $6.71M | $4.17M | $3.55M | $2.21M | $1.3M | $2M | $1.8M | $2M | $1.1M |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $15K | $90K | $0 | $0 | $0 | $0 | $0 | $1.37M | $3.88M | $6.38M | $9.25M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.14M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $15.39M | $9.34M | $7.1M | $7.19M | $7.22M | $7.99M | $7.71M | $7.96M | $8.45M | $7.63M | $9.27M | $2.76M | $990K | $1.34M | $1.56M | $2.18M | $13.3M | $4.9M | $2.04M | $867.25M | $0 | $0 | $0 | $3.25B | $3.79B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $12.73M | $1.59M | $300K | $243K | $297K | $274K | $180K | $1.7M | $110K | $125K | $63K | $7.84M | $7.76M | $5.44M | $203K | $484K | $1.25M | $840K | $1.24M | $2.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $27.35M | $28K | $27K | $26K | $25K | $25K | $38K | $93K | $57K | $45K | $63K | $67K | $1.06M | $1.29M | $2.09M | $509K | $380K | $184K | $510K | $987K | $0 | $0 | $0 | $3.25M | $3.79M | $3.79M | $1.26M | $0 | $0 | $0 | -$9K | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $58.23M | $13.64M | $9.39M | $9.66M | $10.53M | $11.54M | $10.93M | $9.75M | $8.62M | $7.8M | $10.76M | $6.7M | $8.43M | $11.88M | $3.85M | $3.17M | $14.93M | $5.93M | $3.8M | $3.5M | $0 | $0 | $0 | $3.25M | $3.79M | $3.79M | $1.26M | $0 | $3.14M | $0 | $0 | $0 | $0 | $0 | $0 |
| 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 | $0 | $0 | $0 | $0 |
| Total Liabilities | $196.76M | $113.41M | $88.2M | $93.76M | $64.5M | $52.27M | $51.89M | $38.14M | $35.95M | $40.02M | $51.77M | $53.93M | $56.25M | $91.64M | $90.18M | $148.35M | $119.22M | $87.25M | $52.78M | $30.81M | $18.37M | $15.41M | $14.45M | $14.16M | $25.63M | $12.36M | $7.97M | $4.17M | $6.69M | $2.21M | $1.3M | $2M | $1.8M | $2M | $1.1M |
| 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 | $0 | $0 | $0 | $0 |
| Common Stock | $480K | $399K | $373K | $299K | $289K | $280K | $229K | $216K | $211K | $147K | $141K | $96K | $789K | $603K | $520K | $507K | $448K | $433K | $415K | $350K | $329K | $325K | $276K | $213K | $205K | $203K | $197K | $154K | $118K | $96K | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$926.82M | -$1.06B | -$1.07B | -$1.06B | -$1.02B | -$1B | -$978.63M | -$961.54M | -$988.33M | -$955.56M | -$928.18M | -$905.04M | -$856.39M | -$800.13M | -$734M | -$597.17M | -$410.89M | -$427.14M | -$410.5M | -$385.05M | -$350.38M | -$319.5M | -$299.84M | -$273.11M | -$185.48M | -$128.49M | -$106.82M | -$89.22M | -$73.89M | -$42.14M | -$31.7M | -$24.4M | -$18.6M | -$13.2M | -$8.9M |
| Comprehensive Income & Other | $4.07M | $1.56M | $1.58M | $1.57M | -$291K | -$277K | -$216K | -$5K | $883K | -$503K | $660K | -$308K | $1.84M | $1.11M | $2.03M | $3.82M | -$7.01M | -$4.49M | $3.51M | $132K | -$1.46M | -$945K | -$711K | -$309K | -$344K | $9K | -$1.34M | -$1.01M | -$1.33M | -$736K | -$5.6M | -$4.1M | -$2.7M | -$1.8M | -$1.3M |
| Other Stockholders' Equity | $1.48B | $1.26B | $1.21B | $1.14B | $1.13B | $1.12B | $1.05B | $1.04B | $1.04B | $1.02B | $1.01B | $984.84M | $967.86M | $924.65M | $898.36M | $889.52M | $691.41M | $648.57M | $618.54M | $486.33M | $465.15M | $462.69M | $415.02M | $360.72M | $357.44M | $355.85M | $347.56M | $133.02M | $86.63M | $63.45M | $63.4M | $62.9M | $62.8M | $35.3M | $35.2M |
| Total Equity | $555.45M | $197.11M | $144.57M | $81.8M | $109.39M | $116.59M | $72.22M | $81.19M | $52.23M | $60.23M | $83.55M | $79.89M | $112.26M | $125.12M | $164.88M | $292.86M | $280.96M | $221.86M | $208.45M | $101.62M | $115.1M | $143.51M | $115.45M | $87.82M | $172.17M | $227.56M | $240.94M | $43.96M | $12.86M | $21.4M | $31.7M | $38.5M | $44.2M | $22.1M | $26.3M |
| 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 | $0 | $0 | $0 |
| Total Liabilities and Equity | $752.21M | $310.52M | $232.77M | $175.56M | $173.89M | $168.87M | $124.11M | $119.33M | $88.17M | $100.24M | $135.32M | $133.82M | $168.51M | $216.75M | $255.06M | $441.21M | $400.18M | $309.11M | $261.23M | $132.43M | $133.47M | $158.92M | $129.9M | $101.98M | $197.79M | $239.93M | $248.91M | $48.13M | $19.55M | $23.61M | $33M | $40.5M | $46M | $24.1M | $27.4M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||
| Total Debt | $4M | $3.37M | $2.71M | $3.08M | $3.8M | $3.86M | $3.44M | $0 | $0 | $1.48M | $3.99M | $7.63M | $12.62M | $18.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.17M | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$140.24M | -$76.13M | -$87.81M | -$20.28M | -$36.78M | -$63.96M | -$21.26M | -$77.48M | -$34.08M | -$25.3M | -$35.34M | -$12.86M | -$30.49M | -$21.23M | -$46.28M | -$123.78M | -$87.59M | -$70.67M | -$67.83M | -$15.92M | -$35.17M | -$38.59M | -$31.24M | -$18.49M | -$37.17M | -$89.06M | -$126.92M | -$24.97M | $1.33M | -$577K | -$4.1M | -$1.5M | -$6.4M | -$4.3M | -$25.8M |
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 | FY 1993 | FY 1992 | FY 1991 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 | 2001-03-31 | 2000-03-31 | 1999-03-31 | 1998-03-31 | 1997-03-31 | 1996-03-31 | 1995-03-31 | 1994-03-31 | 1993-03-31 | 1992-03-31 |
| Operating Activities | |||||||||||||||||||||||||||||||||||
| Net Income | $133.81M | $6.03M | -$11.11M | -$35.04M | -$19.19M | -$22.68M | -$17.1M | $26.76M | -$32.78M | -$27.37M | -$23.14M | -$48.66M | -$56.26M | -$66.13M | -$136.83M | -$186.28M | $16.25M | -$16.64M | -$25.45M | -$34.68M | -$30.88M | -$19.66M | -$26.73M | -$87.63M | -$56.98M | -$21.68M | -$17.6M | -$15.33M | -$12.38M | -$10.42M | -$7.3M | -$5.8M | -$5.4M | -$4.3M | -$1.7M |
| Depreciation & Amortization | $8.45M | $6.54M | $4.49M | $5.36M | $5.34M | $5.35M | $4.31M | $4.61M | $11.46M | $7.52M | $7.97M | $9.55M | $10.62M | $13.05M | $15.46M | $11.3M | $9.79M | $8.4M | $10.1M | $4.76M | $7.91M | $8.19M | $7.6M | $8.1M | $5.51M | $4.1M | $2.25M | $1.94M | $2.11M | $1.98M | $1.62M | $1.5M | $1M | $600K | $500K |
| Deferred Income Tax | -$118.68M | -$4.3M | $65K | $24K | -$2.4M | -$1.22M | -$1.71M | $4.48M | -$1.45M | -$14K | $1.24M | $1.63M | $5.91M | $1.89M | $31.83M | $3.66M | -$2.72M | $0 | -$3.42M | -$119K | -$417.6M | $0 | -$262.08M | -$14.78M | -$106.07M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $15.87M | $7.79M | $4.65M | $4.73M | $4.66M | $3.48M | $1.92M | $3.03M | $2.69M | $2.89M | $3.25M | $5.94M | $10.7M | $8.14M | $9.86M | $13.44M | $13.63M | $9.68M | $5.67M | $3.68B | $424.42M | $0 | $262.08M | $14.78M | $106.07M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||||
| Accounts Receivable | -$16.29M | -$3.21M | $4.34M | -$10.36M | -$3.76M | $5.19M | -$9.16M | -$529K | $1.15M | $11.14M | -$9.32M | -$2.68M | $11.38M | -$751K | -$4.82M | $63.17M | -$21.6M | -$18.84M | -$20.33M | -$6.28B | -$3.55B | $0 | -$3.12B | -$486.51M | $4.95B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$6.96M | -$7.71M | -$6.84M | -$14.8M | -$3.31M | $8.11M | -$8.14M | $5.01M | -$2.42M | -$815K | -$782K | -$1.89M | $13.04M | -$6.46M | -$7.53M | -$51.94M | -$656K | -$24.38M | -$4.41M | $1.07M | -$3.73M | -$1.98M | $3.48M | $5.36M | -$2.38M | -$8.58M | -$4.22M | -$1.79M | $159K | -$275K | -$100K | -$600K | -$100K | -$100K | $0 |
| Accounts Payable | $7.14M | $3.21M | -$13.82M | $8.66M | $0 | -$4.22M | $5.89M | $2.84M | -$2.96M | -$7.94M | $1.54M | $5.58M | -$10.86M | -$21.86M | -$64.15M | -$222K | $27.21M | -$95.49M | $11.63M | $3.6B | $3.4B | $0 | $1.77B | -$10.67B | $11.86B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$7.95M | $12.22M | $13.43M | $15.11M | $3.34M | -$8.06M | $11.16M | -$3.14M | -$1.33M | $4.16M | $12.86M | $1.94M | -$8.91M | $18.86M | $10.74M | -$36.83M | -$2.83M | $131.19M | $4.12M | $2.69B | $152.63M | $3.85M | $1.35B | $11.14B | -$16.79B | -$949K | -$1.44M | -$449K | -$5.39M | -$216K | -$300K | -$1.5M | -$500K | $600K | $300K |
| Total Working Capital Change | -$24.06M | $4.51M | -$2.9M | -$1.39M | -$3.73M | $1.02M | -$247K | $4.18M | -$5.56M | $6.54M | $4.3M | $2.95M | $4.65M | -$10.21M | -$65.75M | -$25.82M | $2.12M | -$7.53M | -$8.98M | $1.17M | -$3.8M | $1.86M | $1.02M | -$6.78M | $15.32M | -$9.53M | -$5.66M | -$2.24M | -$5.23M | -$491K | -$400K | -$2.1M | -$600K | $500K | $300K |
| Other Non-Cash Items | $7.76M | $7.72M | $6.93M | $3.83M | -$3.66M | $5.36M | -$3.67M | -$341K | $812K | -$784K | $1.82M | -$4.09M | $11.12M | $7.99M | $4.39M | $160.88M | $1.61M | $3.66M | $4.27M | -$3.67B | $365K | $318K | $690K | $46.71M | $9.7M | $683K | $648K | $533K | $570K | $20K | $76K | -$100K | -$100K | $300K | -$100K |
| Net Cash from Operating | $23.15M | $28.29M | $2.14M | -$22.48M | -$18.98M | -$8.68M | -$16.5M | $42.71M | -$24.83M | -$11.21M | -$4.56M | -$32.68M | -$13.27M | -$45.27M | -$141.04M | -$22.82M | $40.68M | -$2.43M | -$17.82M | -$22.76M | -$19.59M | -$9.28M | -$17.42M | -$39.6M | -$26.46M | -$26.42M | -$20.36M | -$15.1M | -$14.93M | -$8.91M | -$6M | -$6.4M | -$5M | -$2.9M | -$1M |
| Investing Activities | |||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$4.89M | -$2.42M | -$934K | -$1.24M | -$938K | -$1.76M | -$4.63M | -$952K | -$2.53M | -$656K | -$1.2M | -$737K | -$278K | -$1.43M | -$15.12M | -$43.38M | -$18.06M | -$7.65M | -$9.86M | -$10.91M | -$2.99M | -$1.46M | -$1.96M | -$7.8M | -$63.12M | -$35.9M | -$5.93M | -$3.61M | -$2.89M | -$1.42M | -$1.3M | -$1.7M | -$2.8M | -$1.3M | -$800K |
| Acquisitions | -$72.1M | -$32.85M | $0 | $0 | -$11.48M | -$26M | $3M | $3.27M | $74K | $354K | $3.14M | $0 | $0 | $0 | -$4.23M | -$2.51M | -$1.52M | -$1.12M | -$102K | -$387K | $49K | $75K | $115K | $0 | $0 | -$755K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | -$35M | -$3.27M | $15.74M | $0 | $0 | $0 | $0 | $0 | -$1.8M | -$167.67M | -$81.98M | -$89.58M | -$174.65M | -$62.56M | -$88.93M | -$79.43M | -$21.24M | -$770K | $0 | $0 | -$85.3M | -$442K | -$3M | $0 | $0 | $0 | $0 | -$12.3M | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $5.19M | $30.15M | $0 | $127K | $1.17M | $325K | $3.09M | $0 | $0 | $5.28M | $110.12M | $104.83M | $60.99M | $88.61M | $155.92M | $73.78M | $107.46M | $51.72M | $1.37M | $30.12M | $39.45M | $21.53M | $0 | $0 | $12.46M | $6.73M | $9.9M | $3.1M | $12.3M | $0 | $1M |
| Other Investing Activities | -$98K | $64K | -$27K | -$281K | $65K | $81K | $8K | $2.99M | $1.95M | $523K | $2.98M | $2.55M | $4.29M | $3.51M | -$25.63M | $3.9M | $568K | $6.25M | -$11.76M | $63K | -$765K | -$1.68M | -$1.61M | -$992K | -$3.17M | -$1.9M | -$576K | -$429K | -$276K | -$20K | $0 | $0 | -$29.8M | -$5M | -$100K |
| Net Cash from Investing | -$77.08M | -$35.21M | -$961K | -$1.52M | -$7.16M | $2.47M | -$36.62M | $2.17M | $16.4M | $192K | $4.87M | $1.81M | $4.01M | $7.35M | $63.34M | -$104.83M | -$40M | -$3.49M | -$40.46M | -$9K | $14.81M | -$30.78M | -$23.33M | $20.56M | -$26.84M | -$17.02M | -$91.81M | -$4.49M | $6.29M | $5.29M | $8.6M | $1.4M | -$20.3M | -$18.6M | $100K |
| Financing Activities | |||||||||||||||||||||||||||||||||||
| Debt Repaid | $8.81M | $25K | $65K | $73K | $53K | - | - | - | $1.57M | $3.17M | $4M | $5.87M | -$5.23M | -$30.97M | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.17M | $639K | $126K | - | - | - | - | - |
| Common Stock Issuance | $124.89M | $0 | $65.23M | $235K | $0 | $51.48M | $6.34M | $457K | $16.95M | $399K | $22.28M | $9.09M | $7.46M | $0 | $720K | $155.24M | $556K | $0 | $14.82M | $3.52M | $1.42M | $47.41M | $53.5M | $364K | $1.41M | $5.59M | $214.12M | $45.88M | $10.45M | $1.29M | $0 | $500K | $27.3M | $0 | $24.8M |
| Common Stock Repurchases | $0 | -$126K | $0 | $0 | -$46K | -$927K | $0 | -$456K | $0 | -$490K | $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 |
| 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 | $0 | $0 | $0 |
| Other Financing Activities | -$1K | $159K | $279K | $0 | $241K | $278K | -$565K | -$299K | -$99K | $2.04M | -$80K | $5.56M | $111K | $249K | $57K | $7.82M | $19M | $12.46M | $93.61M | -$256 | -$66K | $0 | $53.45B | $0 | $1.41B | $0 | $0 | $0 | $0 | $0 | $30K | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $116.08M | $8K | $65.44M | $162K | $142K | $50.83M | $5.78M | -$299K | $15.28M | -$1.13M | $18.2M | $8.78M | $12.8M | $31.22M | $57K | $163.06M | $19M | $12.46M | $108.43M | $3.52M | $1.35M | $47.41M | $53.5M | $364K | $1.41M | $5.59M | $214.12M | $42.71M | $9.9M | $86K | $0 | $500K | $27.3M | $0 | $24.8M |
| Forex Effect | $24K | $14K | -$13K | $29K | -$55K | $59K | -$4.93M | -$635K | $452K | -$393K | $324K | -$540K | $333K | -$339K | $144K | $785K | -$2.77M | -$3.71M | $1.76M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$8K | $0 | $0 | $5M | $25.3M | $0 | $900K |
| Net Change in Cash | $62.17M | -$6.9M | $66.61M | -$23.81M | -$26.05M | $44.67M | -$52.28M | $43.95M | $7.3M | -$12.55M | $18.84M | -$22.62M | $3.87M | -$7.04M | -$77.5M | $36.19M | $16.92M | $2.84M | $51.91M | -$19.25M | -$3.42M | $7.35M | $12.75M | -$18.68M | -$51.89M | -$37.85M | $101.95M | $23.13M | $1.26M | -$3.53M | $2.6M | $500K | $27.3M | -$21.5M | $24.8M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $23.15M | $28.29M | $2.14M | -$22.48M | -$18.98M | -$8.68M | -$16.5M | $42.71M | -$24.83M | -$11.21M | -$4.56M | -$32.68M | -$13.27M | -$45.27M | -$141.04M | -$22.82M | $40.68M | -$2.43M | -$17.82M | -$22.76M | -$19.59M | -$9.28M | -$17.42M | -$39.6M | -$26.46M | -$26.42M | -$20.36M | -$15.1M | -$14.93M | -$8.91M | -$6M | -$6.4M | -$5M | -$2.9M | -$1M |
| Capital Expenditure | -$4.89M | -$2.42M | -$934K | -$1.24M | -$938K | -$1.76M | -$3.63M | -$952K | -$2.53M | -$656K | -$1.2M | -$737K | -$278K | -$1.43M | -$15.12M | -$43.38M | -$18.06M | -$7.65M | -$9.86M | -$10.91M | -$2.99M | -$1.46M | -$1.96M | -$7.8M | -$63.12M | -$35.9M | -$5.93M | -$3.61M | -$2.89M | -$1.42M | -$1.3M | -$1.7M | -$2.8M | -$1.3M | -$800K |
| Free Cash Flow | $18.26M | $25.87M | $1.2M | -$23.72M | -$19.91M | -$10.45M | -$20.13M | $41.76M | -$27.36M | -$11.87M | -$5.76M | -$33.41M | -$13.54M | -$46.7M | -$156.16M | -$66.2M | $22.62M | -$10.08M | -$27.68M | -$33.67M | -$22.58M | -$10.74M | -$19.38M | -$47.4M | -$89.58M | -$62.32M | -$26.29M | -$18.71M | -$17.82M | -$10.32M | -$7.3M | -$8.1M | -$7.8M | -$4.2M | -$1.8M |
| Cash at Beginning | $85.38M | $92.28M | $25.68M | $49.49M | $75.54M | $30.86M | $77.48M | $34.25M | $26.78M | $39.33M | $20.49M | $43.11M | $39.24M | $46.28M | $123.78M | $87.59M | $70.67M | $67.83M | $15.93M | $35.17M | $38.59M | $31.24M | $18.49M | $37.17M | $89.06M | $126.92M | $24.97M | $1.84M | $585K | $4.1M | $1.5M | $5.9M | $4.3M | $25.8M | $1.9M |
| Cash at End | $147.55M | $85.38M | $92.28M | $25.68M | $49.49M | $75.54M | $25.21M | $78.2M | $34.08M | $26.78M | $39.33M | $20.49M | $43.11M | $39.24M | $46.28M | $123.78M | $87.59M | $70.67M | $67.83M | $15.92M | $35.17M | $38.59M | $31.24M | $18.49M | $37.17M | $89.06M | $126.92M | $24.97M | $1.84M | $577K | $4.1M | $6.4M | $31.6M | $4.3M | $26.7M |