ANAVEX LIFE SCIENCES CORP. (AVXL)
Operating as a clinical-stage biopharmaceutical entity, Anavex Life Sciences Corp. specializes in developing therapeutic drug candidates for various central nervous system (CNS) conditions. Its leading compound, ANAVEX 2-73, is currently in advanced development, undergoing Phase III clinical evaluation for both Alzheimer's disease and pediatric Rett syndrome. This same drug is also in Phase II trials for Parkinson's disease and is being explored in preclinical studies for a wider range of disorders, including epilepsy, infantile spasms, Fragile X syndrome, Angelman syndrome, multiple sclerosis, and tuberous sclerosis complex. Another significant drug candidate, ANAVEX 3-71, has progressed to Phase I clinical trials for frontotemporal dementia and other forms of dementia, with additional preclinical investigation underway for neurodegenerative illnesses like Alzheimer's and Parkinson's. The company's earlier-stage portfolio includes ANAVEX 1-41, a sigma-1 receptor agonist targeting depression, stroke, Parkinson's, and Alzheimer's diseases; ANAVEX 1066, a mixed sigma-1/sigma-2 ligand with potential applications in neuropathic and visceral pain; and ANAVEX 1037, aimed at treating prostate and pancreatic cancers. Anavex Life Sciences Corp. was founded in 2004 and maintains its headquarters in New York, New York.
Sector: Biological Products, (No Diagnostic Substances)
Industry: Biotechnology
Anavex Life Sciences Corp.
NASDAQ:AVXLHealthcare · Biotechnology
-8.46%$1.19
AH$1.22+2.52%vs close
Mkt Cap$110.31M
Float92.67M
O/S92.7M
Vol
$ Vol
RVOL
Inst Own39.6%
SI13.5%
Earnings
Dilution
Financials Summary
Revenue$0
Net Income-$46.38M
Total Assets$103.81M
Free Cash Flow-$39.04M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$94.87M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:4Reverse splitOct 7, 20154 shares → 1
Balance Sheet Details
Assets$103.81M
Liabilities$8.95M
Accounts Receivable$809K
Accounts Payable$4.25M
Inventory$0
PP&E (Net)$0
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 | 2013-09-30 | 2012-09-30 | 2011-09-30 | 2010-09-30 | 2009-09-30 | 2008-09-30 | 2007-09-30 | 2006-09-30 | 2005-09-30 | 2004-09-30 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $37.59M | $41.84M | $43.72M | $37.92M | $32.98M | $25.23M | $22.26M | $13.34M | $10.67M | $7.25M | $2.27M | $732K | $264K | $2.65M | $2.6M | $2.73M | $2.14M | $1.48M | $960K | $0 | $0 | $0 |
| Selling, General, and Administrative | $13.82M | $11.04M | $12.05M | $13.07M | $9.02M | $5.86M | $6.85M | $5.99M | $5.01M | $8.33M | $4.84M | $2.24M | $1.87M | $1.66M | $3.57M | $2.91M | $2.59M | $3.79M | $618K | $25K | $92K | $0 |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $2.47M | $1.63M | $2.02M | $151K | $0 | $200K | -$977K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $51.41M | $52.88M | $55.76M | $50.99M | $42M | $31.09M | $28.81M | $19.18M | $15.54M | $14.88M | $7.11M | $2.97M | $2.13M | $4.32M | $6.18M | $5.64M | $4.73M | $5.27M | $1.58M | $26K | $92K | $14K |
| Operating Income (EBIT) | -$51.41M | -$52.88M | -$55.76M | -$50.99M | -$42M | -$31.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.32M | -$6.18M | -$5.65M | $0 | -$5.27M | -$1.58M | -$26K | -$92K | $0 |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $0 | $0 | $964K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $72K | $7K | $51K | $144K | $90K | $292K | $58K | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $4.68M | $7.32M | $6.52M | $947K | $26K | $180K | $207K | $255K | $88K | $11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $5.03M | $9.88M | $8.26M | $3.37M | $4.36M | $455K | $2.54M | $1.58M | $2.05M | $164K | $71K | $233K | -$1.51M | -$3.84M | -$1.04M | -$2.85M | -$708K | -$10K | $1K | $59 | $125 | $0 |
| Income Before Tax (EBT) | -$46.38M | -$43M | -$47.51M | -$47.62M | -$37.64M | -$30.63M | -$26.21M | -$17.38M | -$13.4M | -$14.71M | -$12.11M | -$11.37M | -$3.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Tax Expense | $0 | $0 | $0 | $358K | $268K | -$4.35M | $82K | $73K | $60K | $30K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$46.38M | -$43M | -$47.51M | -$47.98M | -$37.91M | -$26.28M | -$26.29M | -$17.45M | -$13.46M | -$14.74M | -$12.11M | -$11.37M | -$3.7M | -$8.3M | -$7.31M | -$8.78M | -$5.5M | -$5.35M | -$1.58M | -$26K | -$92K | -$14K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||||||||||||||
| EPS | -0.54 | -0.52 | -0.60 | -0.62 | -0.54 | -0.45 | -0.54 | -0.39 | -0.33 | -0.42 | -0.65 | -1.16 | -0.46 | -1.18 | -1.16 | -1.64 | -1.09 | -1.09 | -0.33 | -0.01 | -0.02 | -0.01 |
| Diluted EPS | -0.54 | -0.52 | -0.60 | -0.62 | -0.54 | -0.45 | -0.54 | -0.39 | -0.33 | -0.42 | -0.65 | -1.16 | -0.46 | -1.18 | -1.16 | -1.64 | -1.09 | -1.09 | -0.33 | -0.01 | -0.02 | -0.01 |
| Weighted Average OS | 85.29M | 83.47M | 79.79M | 76.91M | 69.80M | 58.19M | 48.91M | 44.66M | 40.84M | 35.15M | 18.59M | 9.80M | 7.98M | 7.04M | 6.29M | 5.36M | 5.05M | 4.93M | 4.80M | 4.80M | 4.35M | 1.91M |
| EBITDA | -$46.38M | -$43M | -$46.54M | -$47.62M | -$37.64M | -$31.09M | -$28.88M | -$19.13M | -$15.57M | -$15.04M | -$12.11M | -$11.59M | -$2.14M | -$472K | -$5.14M | -$2.79M | -$4.03M | -$5.26M | -$1.58M | -$26K | -$92K | -$14K |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 | 2013-09-30 | 2012-09-30 | 2011-09-30 | 2010-09-30 | 2009-09-30 | 2008-09-30 | 2007-09-30 | 2006-09-30 | 2005-09-30 | 2004-09-30 |
| Assets | ||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||
| Cash and Cash Equivalents | $102.58M | $132.19M | $151.02M | $149.16M | $152.11M | $29.25M | $22.19M | $22.93M | $27.44M | $9.19M | $15.29M | $7.26M | $345K | $11K | $135K | $265K | $351K | $6K | $25 | $12K | $977 | $28K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $102.58M | $132.19M | $151.02M | $149.16M | $152.11M | $29.25M | $22.19M | $22.93M | $27.44M | $9.19M | $15.29M | $7.26M | $345K | $11K | $135K | $265K | $351K | $6K | $25 | $12K | $977 | $28K |
| Accounts Receivable | $809K | $2.45M | $2.71M | $3.19M | $9.14M | $4.85M | $2.64M | $1.87M | $10K | $79K | $77K | $0 | $0 | $0 | $809 | $38K | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $16K | $0 | -$2.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $429K | $931K | $653K | $162 | -$16K | $0 | $2.64M | $0 | $0 | $0 | $0 | $0 | $0 | $1K | $55K | $0 | $56K | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $103.81M | $135.57M | $154.39M | $152.7M | $161.62M | $34.54M | $25.33M | $24.32M | $27.79M | $9.45M | $15.47M | $7.35M | $393K | $13K | $201K | $326K | $407K | $6K | $25 | $12K | $977 | $28K |
| Long-Term Assets | ||||||||||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1K | $2K | $0 | $576 | $2K | $4K | $2K | $862 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 |
| 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 |
| Other Long-Term Assets | $0 | $0 | $3.36M | $3.55B | $16K | $5.29M | $0 | $52K | $52K | $52K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $0 | $0 | $3.36M | $3.55B | $16K | $5.29M | $0 | $52K | $52K | $52K | $1K | $2K | $0 | $576 | $2K | $4K | $2K | $862 | $0 | $0 | $0 | $0 |
| Other Assets | $0 | $0 | -$3.36M | -$3.55B | -$16K | -$5.29M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $103.81M | $135.57M | $154.39M | $152.7M | $161.62M | $34.54M | $25.33M | $24.38M | $27.84M | $9.5M | $15.47M | $7.35M | $393K | $13K | $203K | $330K | $409K | $7K | $25 | $12K | $977 | $28K |
| Liabilities | ||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||
| Accounts Payable | $4.25M | $9.63M | $4.32M | $3.82M | $4.74M | $3.99M | $3.52M | $2.96M | $3.58M | $3.06M | $2.47M | $0 | $1.71M | $2K | $410K | $798K | $1.59M | $749K | $463K | $8K | $17K | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $85K | $192K | $211K | $299K | $868K | $2.49M | $2.51M | $1.55M | $0 | $20K | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$14.71M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $805K | $842K | $917K | $444K | $444K | $0 | $0 | $0 | $0 | $71K | $72K | -$1.22M | -$1.71M | -$2K | $0 | $0 | -$4.1M | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $1.56M | $1.53M | $1.36M | -$47 | $0 | $0 | $0 | $0 | $0 | $71K | $72K | $28K | $0 | $0 | $68K | $0 | $0 | $0 | $0 | $0 | $10K | $0 |
| Total Current Liabilities | $8.95M | $15.3M | $12.53M | $10.21M | $10.8M | $7.31M | $5.04M | $3.88M | $3.58M | $3.19M | $2.66M | $1.44M | $1.95M | $3K | $1.35M | $3.29M | $4.1M | $2K | $463 | $28K | $27K | $3K |
| Long-Term Liabilities | ||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $332 | $5.72M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $332 | $5.72M | $904K | $0 | $0 | $0 | $168K | $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 |
| Total Liabilities | $8.95M | $15.3M | $12.53M | $10.21M | $10.8M | $7.31M | $5.04M | $3.88M | $3.58M | $3.19M | $2.66M | $7.16M | $2.86M | $2.89M | $1.35M | $3.29M | $4.27M | $2.3M | $463K | $28K | $27K | $3K |
| 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 |
| Common Stock | $87K | $85K | $82K | $78K | $76K | $62K | $53K | $46K | $43K | $36K | $32K | $47K | $37K | $30K | $27K | $24K | $21K | $20K | $20K | $19K | $3K | $2K |
| Retained Earnings | -$382.45M | -$336.07M | -$293.07M | -$245.56M | -$197.59M | -$159.68M | -$133.4M | -$108.93M | -$91.48M | -$78.02M | -$63.28M | -$52.57M | -$41.2M | -$37.5M | -$29.2M | -$21.9M | -$12.56M | -$7.06M | -$1.71M | -$132K | -$106K | -$14K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2K | -$768 | -$6K | -$5K | -$3K | -$2K | -$630 | $126K | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $477.23M | $456.25M | $434.84M | $387.98M | $348.33M | $186.85M | $153.63M | $129.38M | $115.69M | $84.29M | $76.06M | $52.72M | $38.7M | $34.6M | $28.03M | $18.91M | $8.68M | $4.75M | $1.23M | $97K | $77K | $38K |
| Total Equity | $94.87M | $120.26M | $141.85M | $142.49M | $150.82M | $27.24M | $20.29M | $20.49M | $24.25M | $6.31M | $12.81M | $193K | -$2.46M | -$2.88M | -$1.14M | -$2.96M | -$3.86M | -$2.29M | -$463K | -$16K | -$26K | $26K |
| Minority Interest | $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 | $103.81M | $135.57M | $154.39M | $152.71M | $161.62M | $34.54M | $25.33M | $24.38M | $27.84M | $9.5M | $15.47M | $7.35M | $393K | $13K | $203K | $330K | $409K | $7K | $25 | $12K | $977 | $28K |
| Supplementary Data | ||||||||||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $86K | $5.91M | $211K | $299K | $868K | $2.49M | $2.51M | $1.55M | $0 | $20K | $0 | $0 |
| Net Debt | -$102.58M | -$132.19M | -$151.02M | -$149.16M | -$152.11M | -$29.25M | -$22.19M | -$22.93M | -$27.44M | -$9.19M | -$15.21M | -$1.35M | -$134K | $288K | $733K | $2.23M | $2.16M | $2K | -$25 | $8K | -$977 | -$28K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 | 2013-09-30 | 2012-09-30 | 2011-09-30 | 2010-09-30 | 2009-09-30 | 2008-09-30 | 2007-09-30 | 2006-09-30 | 2005-09-30 | 2004-09-30 |
| Operating Activities | ||||||||||||||||||||||
| Net Income | -$46.38M | -$43M | -$47.51M | -$47.98M | -$37.91M | -$26.28M | -$26.29M | -$17.25M | -$13.46M | -$14.74M | -$12.11M | -$9.97M | -$3.7M | -$8.3M | -$7.31M | -$8.78M | -$5.5M | -$5.35M | -$1.58M | -$26K | -$92K | -$14K |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1K | $995 | $768 | $576 | $2K | $2K | $910 | $410 | $220 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $11.55M | $9.44M | $16.37M | $18.38M | $8.23M | $4.88M | $6.43M | $5.52M | $4.14M | $5.06M | $1.63M | $638K | $1M | $302K | $1.27M | $770K | $812K | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||
| Accounts Receivable | $1.64M | $260K | $484K | $5.94M | -$4.29M | -$2.21M | -$772K | -$231K | $54K | -$3K | -$77K | $0 | $0 | $809 | $37K | -$38K | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$5.38M | $5.3M | $497K | -$914K | $751K | $466K | $684K | $38K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$478K | -$2.81M | $1.52M | $331K | $2.83M | $1.86M | $1.39M | -$654K | $328K | $643K | $1.31M | -$336K | $466K | $2.29M | $1.14M | $489K | -$181 | $460K | $455K | -$9K | $15K | $3K |
| Total Working Capital Change | -$4.22M | $2.75M | $2.5M | $5.36M | -$706K | $117K | $1.3M | -$847K | $383K | $640K | $1.24M | -$336K | $466K | $2.29M | $1.18M | $451K | -$181 | $460K | $455K | -$9K | $15K | $3K |
| Other Non-Cash Items | $0 | $0 | $845K | $0 | $0 | $0 | $35K | $0 | -$75K | -$204K | $5.01M | $8.41M | $1.45M | $4.01M | $1.05M | $2.97M | $1.89M | $2.42M | $800K | $2K | $16K | $0 |
| Net Cash from Operating | -$39.04M | -$30.81M | -$27.79M | -$24.24M | -$30.38M | -$21.29M | -$18.53M | -$12.58M | -$9.02M | -$9.24M | -$4.23M | -$2.66M | -$778K | -$1.69M | -$3.8M | -$4.59M | -$2.79M | -$2.47M | -$325K | -$32K | -$61K | -$12K |
| Investing Activities | ||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3K | $0 | $0 | $0 | -$3K | -$1K | -$1K | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3K | $0 | $0 | $0 | -$3K | -$1K | -$1K | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | -$10M | - | - | - | -$1.42M | -$1.2M | - | - | - | - | - |
| Common Stock Issuance | $12.14M | $11.97M | $29.65M | $22M | $153.22M | $28.75M | $17.83M | $8.17M | $27.27M | $3.17M | $12.34M | $368K | $801K | $996K | $3.02M | $3.1M | $1.64M | $1.13M | $0 | $0 | $24K | $40K |
| Common Stock Repurchases | $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 |
| Other Financing Activities | -$2.71M | $0 | $0 | -$707K | $24K | -$404K | -$50K | -$101K | $0 | $0 | $0 | -$789K | $60K | -$8K | -$100K | $0 | $300K | $0 | $313K | $24K | $10K | $0 |
| Net Cash from Financing | $9.43M | $11.97M | $29.65M | $21.29M | $153.24M | $28.35M | $17.78M | $8.07M | $27.27M | $3.13M | $12.26M | $9.58M | $1.11M | $1.57M | $3.67M | $4.51M | $3.14M | $2.48M | $313K | $44K | $34K | $40K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$29.61M | -$18.84M | $1.87M | -$2.95M | $122.86M | $7.06M | -$745K | -$4.51M | $18.25M | -$6.1M | $8.03M | $6.92M | $334K | -$123K | -$130K | -$86K | $345K | $6K | -$12K | $11K | -$27K | $28K |
| Supplementary Data | ||||||||||||||||||||||
| Operating Cash Flow | -$39.04M | -$30.81M | -$27.79M | -$24.24M | -$30.38M | -$21.29M | -$18.53M | -$12.58M | -$9.02M | -$9.24M | -$4.23M | -$2.66M | -$778K | -$1.69M | -$3.8M | -$4.59M | -$2.79M | -$2.47M | -$325K | -$32K | -$61K | -$12K |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3K | $0 | $0 | $0 | -$3K | -$1K | -$1K | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$39.04M | -$30.81M | -$27.79M | -$24.24M | -$30.38M | -$21.29M | -$18.53M | -$12.58M | -$9.02M | -$9.24M | -$4.23M | -$2.66M | -$778K | -$1.69M | -$3.8M | -$4.6M | -$2.8M | -$2.48M | -$325K | -$32K | -$61K | -$12K |
| Cash at Beginning | $132.19M | $151.02M | $149.16M | $152.11M | $29.25M | $22.19M | $22.93M | $27.44M | $9.19M | $15.29M | $7.26M | $345K | $11K | $135K | $265K | $351K | $6K | $25 | $12K | $977 | $28K | $0 |
| Cash at End | $102.58M | $132.19M | $151.02M | $149.16M | $152.11M | $29.25M | $22.19M | $22.93M | $27.44M | $9.19M | $15.29M | $7.26M | $345K | $11K | $135K | $265K | $351K | $6K | $25 | $12K | $977 | $28K |