Benitec Biopharma Inc. (BNTC)
Benitec Biopharma Inc., a clinical-stage biotechnology company, focuses on the development of novel genetic medicines. Its Silence and Replace, a DNA-directedRNA interference platform combines RNA interference with gene therapy to create medicines that simultaneously facilitate sustained silencing of disease-causing genes and concomitant delivery of wildtype replacement genes following a single administration of the therapeutic construct. The company is developing BB-301, an AAV-based gene therapy designed to silence the expression of the disease-causing gene for the treatment of oculopharyngeal muscular dystrophy related dysphagia. Benitec Biopharma Inc. is headquartered in Hayward, California.
Sector: Pharmaceutical Preparations
Industry: Biotechnology
Benitec Biopharma Inc.
NASDAQ:BNTCHealthcare · Biotechnology
+10.42%$9.54
Prev close$8.64+10.42%Close$9.540.00%AH close$9.54
AH$9.54+0.00%vs close
Mkt Cap$332.84M
Float23.26M
O/S34.89M
Inst Own94.8%
SI8.6%
Dilution
Financials Summary
Revenue$0
Net Income-$45.55M
Total Assets$182.62M
Free Cash Flow-$16.62M
Debt & Equity
Debt 0%
Equity 100%
Total Debt$762K
Total Equity$177.01M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:17Reverse splitJul 26, 202317 shares → 1
Balance Sheet Details
Assets$182.62M
Liabilities$5.61M
Accounts Receivable$4K
Accounts Payable$913K
Inventory$0
PP&E (Net)$871K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | 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 | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 | 2007-06-30 | 2006-06-30 | 2005-06-30 | 2004-06-30 |
| Revenue | $0 | $0 | $0 | $75K | $73K | $59K | $97K | $17.45M | $4.4M | $196K | $259K | $631K | $956K | $504K | $330K | $144K | $158K | $216K | $268K | $372K | $2.34M | $523K | $93K |
| YoY Growth | - | - | - | 2.7% | 23.7% | -39.2% | -99.4% | 296.5% | 2146.5% | -24.2% | -59.0% | -34.1% | 89.5% | 53.0% | 128.4% | -8.5% | -26.9% | -19.6% | -28.0% | -84.1% | 347.5% | 463.4% | - |
| Cost of Revenue | $481K | $396K | $343K | $0 | $9K | $123K | -$185K | $622K | $474K | $160K | $77K | $23K | $35K | $163K | $1.19M | $1.02M | $1.6M | $1.65M | $2.55M | $1.21M | $0 | $1.38M | $0 |
| Gross Profit | -$481K | -$396K | -$343K | $75K | $64K | -$64K | $282K | $15.9M | $3.95M | $36K | $181K | $607K | $921K | $342K | -$856K | -$873K | -$1.44M | -$1.44M | -$2.28M | -$835K | $2.34M | -$854K | $0 |
| Gross Margin | - | - | - | 100.0% | 87.7% | -108.5% | 290.7% | 91.1% | 89.7% | 18.3% | 70.0% | 96.3% | 96.3% | 67.7% | -259.7% | -604.9% | -915.1% | -666.7% | -850.0% | -224.2% | 100.0% | -163.2% | - |
| Research and Development | $23.39M | $18.33M | $15.61M | $12.77M | $11.27M | $7.02M | $3M | $3.19M | $3.73M | $4.07M | $7.4M | $3.63M | $5.51M | $3.17M | $1.33M | $1.18M | $1.26M | $1.04M | $555K | $0 | $2.18M | $3M | $1.02M |
| Selling, General, and Administrative | $27.8M | $23.43M | $6.99M | $6.38M | $6.65M | $6.51M | $5.57M | $3.23M | $4.72M | $5.35M | $6.52M | $4.69M | $7.2M | $4.05M | $2.18M | $824K | $1.48M | $1.6M | $2.4M | $1.21M | $2.09M | $11.02M | $6.88M |
| Other | -$481K | -$396K | -$108K | $0 | $0 | $0 | -$5K | $6.71M | $8.18M | $2.8M | $4.88M | $2.42M | $1.74M | $659K | $0 | $0 | -$1.48M | -$1.6M | -$2.45M | -$750K | $0 | $112K | $0 |
| Total Operating Expenses | $50.71M | $41.37M | $22.49M | $19.16M | $17.92M | $13.53M | $8.56M | $13.13M | $16.63M | $12.23M | $18.81M | $10.74M | $14.45M | $7.88M | $3.52M | $2M | $1.26M | $1.04M | $503K | $457K | $4.27M | $14.13M | $7.9M |
| Operating Income (EBIT) | -$51.19M | -$41.77M | -$22.49M | -$19.08M | -$17.85M | -$13.6M | -$8.28M | $3.69M | -$8.73M | -$15.93M | -$18.62M | -$10.14M | -$13.53M | -$7.54M | -$4.37M | -$2.88M | -$2.71M | -$2.48M | -$2.78M | -$1.29M | -$1.93M | -$14.6M | -$8.65M |
| Operating Margin | - | - | - | -25441.3% | -24457.5% | -23044.1% | -8537.1% | 21.2% | -198.4% | -8132.4% | -7204.2% | -1607.6% | -1414.9% | -1494.9% | -1325.9% | -1992.6% | -1716.5% | -1148.2% | -1037.6% | -346.9% | -82.3% | -2788.5% | -9311.0% |
| Interest Expense | $0 | -$3.29M | $0 | $33K | $32K | $6K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9K | $27K | $59K | $4K | $9K | $2K | $0 | $193K | $36K |
| Interest Income | $5.57M | $0 | $904K | $0 | $0 | $0 | $62K | $85K | $254K | $249K | $212K | $848K | $313K | $132K | $171K | $44K | $32K | $71K | $182K | $77K | $106K | $113K | $256K |
| Other Income (Expense) | $5.65M | $3.85M | $739K | -$481K | -$354K | -$286K | $7K | $37K | $179K | $0 | $4.82M | $3.42M | $3.35M | $1.22M | $181K | -$380K | -$2.13M | $114K | $193K | -$566K | $1.43M | $0 | $746K |
| Income Before Tax (EBT) | -$45.55M | -$37.92M | -$21.75M | -$19.56M | -$18.21M | -$13.88M | -$8.27M | $3.73M | -$8.55M | -$3.35M | -$13.81M | -$6.71M | -$10.18M | -$6.32M | -$4.19M | -$3.26M | -$4.84M | -$2.36M | -$2.59M | -$1.86M | -$501K | -$7.05M | -$7.9M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$927K | -$4.21M | -$10.35M | $0 | $0 | $0 | -$383K | $0 | $0 | $0 | -$86K | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$45.55M | -$37.92M | -$21.75M | -$19.56M | -$18.21M | -$13.88M | -$8.27M | $3.73M | -$12.33M | -$5.6M | -$13.81M | -$6.71M | -$6.87M | -$3.87M | -$4.19M | -$3.26M | -$4.84M | -$2.28M | -$2.59M | -$2.54M | -$7.77M | -$14.08M | -$7.9M |
| Net Income Margin | - | - | - | -26082.7% | -24942.5% | -23528.8% | -8529.9% | 21.4% | -280.1% | -2860.4% | -5340.1% | -1064.7% | -718.2% | -766.8% | -1271.0% | -2255.8% | -3069.9% | -1055.5% | -965.5% | -682.3% | -331.8% | -2689.8% | -8507.7% |
| Supplementary Data | |||||||||||||||||||||||
| EPS | -0.98 | -1.05 | -2.68 | -14.12 | -19.31 | -27.27 | -69.09 | 28.45 | -103.60 | -63.55 | -331.56 | -194.88 | -76.26 | -83.25 | -109.64 | -156.73 | -255.63 | -149.29 | -181.39 | -241.73 | -57.47 | -2685.65 | -1931.00 |
| Diluted EPS | -0.98 | -1.05 | -2.68 | -14.12 | -19.31 | -27.27 | -8.10 | 28.45 | -103.60 | -63.55 | -42.50 | -27.30 | -76.26 | -83.25 | -109.64 | -156.73 | -255.63 | -149.29 | -181.39 | -176.15 | -57.47 | -2685.65 | -1931.00 |
| Weighted Average OS | 46.56M | 36.21M | 10.26M | 1.39M | 1.92M | 1.01M | 240,280 | 201,592 | 165,060 | 137,592 | 111,616 | 90,592 | 70,928 | 17,728 | 37,954 | 20,744 | 18,917 | 15,223 | 14,329 | 10,544 | 8,670 | 5,232 | 4,093 |
| EBITDA | -$50.71M | -$41.37M | -$22.15M | -$18.7M | -$17.78M | -$13.45M | -$7.91M | $2.03M | -$16.51M | -$3.12M | -$24.27M | -$5.99M | -$9.74M | -$6.23M | -$4.36M | -$2.87M | -$2.7M | -$2.47M | -$2.78M | -$1.29M | -$1.93M | -$13.15M | -$7.02M |
| EBITDA Margin | - | - | - | -24933.3% | -24361.6% | -22800.0% | -8151.5% | 11.6% | -375.2% | -1591.9% | -9389.0% | -950.7% | -1018.6% | -1234.5% | -1321.9% | -1986.8% | -1714.0% | -1145.8% | -1036.0% | -346.4% | -82.3% | -2511.6% | -7555.6% |
Balance Sheet
| Period | FY 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 | 2007-06-30 | 2006-06-30 |
| Assets | |||||||||||||||||||||
| Current Assets | |||||||||||||||||||||
| Cash and Cash Equivalents | $179.97M | $97.74M | $50.87M | $2.48M | $4.06M | $19.77M | $9.8M | $22.48M | $16.17M | $17.44M | $18.2M | $22.04M | $20.51M | $28.62M | $3.12M | $6.66M | $173K | $221K | $208K | $4.96M | $906K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $1K | $1K | $22K | $77K | $28K | $0 | $0 | $0 | $0 | $0 | $479K | $1.67M | $1.64M | $0 | $0 |
| Cash and Short-Term Investments | $179.97M | $97.74M | $50.87M | $2.48M | $4.06M | $19.77M | $9.8M | $22.48M | $16.2M | $17.44M | $18.23M | $22.04M | $20.51M | $1.47M | $3.12M | $6.66M | $652K | $1.89M | $1.85M | $4.96M | $906K |
| Accounts Receivable | $4K | $33K | $229K | $55K | $3K | $25K | $59K | $5.25M | $4.27M | $3.49M | $1.63M | $312K | $116K | $104K | $129K | $148K | $351K | $108K | $117K | $242K | $1.33M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$65K | $111K | $2.13M | $2.61M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $1.71M | $741K | $579K | $13K | $14K | $15K | $87K | -$1.44M | $109K | $1.09M | -$765K | $801K | $358K | $29.85M | $7K | $6K | $15K | $2K | $9K | $6K | $65K |
| Total Current Assets | $181.69M | $98.52M | $51.67M | $3.73M | $4.82M | $20.61M | $10.81M | $26.83M | $21M | $22.24M | $19.35M | $25.35M | $23.6M | $31.44M | $3.26M | $6.84M | $1.03M | $2.01M | $2.01M | $5.21M | $2.3M |
| Long-Term Assets | |||||||||||||||||||||
| Property, Plant & Equipment Net | $871K | $991K | $449K | $613K | $993K | $577K | $769K | $469K | $234K | $342K | $378K | $350K | $429K | $44K | $31K | $26K | $8K | $9K | $14K | $8K | $0 |
| Goodwill | $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 |
| Long-Term Investments | $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 | $157K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $67K | $83K | $87K | $122K | $160K | $194K | $9K | $216K | $212K | $164K | $127K | $112K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $938K | $1.07M | $536K | $735K | $1.15M | $771K | $935K | $685K | $446K | $506K | $505K | $461K | $429K | $44K | $31K | $26K | $8K | $9K | $14K | $8K | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $182.62M | $99.59M | $52.21M | $4.46M | $5.97M | $21.38M | $11.74M | $27.51M | $21.45M | $22.75M | $19.86M | $25.82M | $24.03M | $31.48M | $3.29M | $6.87M | $1.04M | $2.02M | $2.02M | $5.22M | $2.3M |
| Liabilities | |||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||
| Accounts Payable | $913K | $201K | $1.35M | $1.14M | $422K | $274K | $282K | $1.47M | $426K | $134K | $402K | $583K | $716K | $523K | $379K | $471K | $697K | $139K | $204K | $650K | $1.36M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $192K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $187K | $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 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $3.93M | $426K | $475K | $472K | $400K | $276K | $459K | $1.09M | -$981K | $158K | $495K | $148K | $973K | $152K | $161K | $672K | $197K | $368K | $458K | $737K | $876K |
| Total Current Liabilities | $5.34M | $1.8M | $4.92M | $3.98M | $2.53M | $1.37M | $1.14M | $2.64M | $2.56M | $865K | $1.03M | $1.26M | $1.55M | $872K | $596K | $1.2M | $968K | $507K | $663K | $1.57M | $2.24M |
| Long-Term Liabilities | |||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $293K | $460K | $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 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $157K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $38K | $0 | $0 | $0 | $0 | $0 | $35K | $35K | $18K | $0 | $0 | $0 | $0 | $171K | $307K | $352K | $0 | $0 | $0 |
| Total Long-Term Liabilities | $266K | $495K | $38K | $284K | $559K | $0 | $370K | $0 | $35K | $35K | $18K | $0 | $0 | $0 | $0 | $464K | $767K | $352K | $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 |
| Total Liabilities | $5.61M | $2.3M | $4.96M | $4.26M | $3.09M | $1.37M | $1.51M | $2.64M | $2.61M | $891K | $1.05M | $1.26M | $1.55M | $872K | $596K | $1.66M | $1.74M | $859K | $663K | $1.57M | $2.24M |
| 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 |
| Common Stock | $3K | $2K | $1K | $0 | $0 | $1K | $1K | $1K | $120.54M | $156.14M | $110.26M | $99.43M | $122.05M | $117.9M | $88.46M | $86.9M | $77.57M | $75.71M | $72.78M | $72.5M | $66.65M |
| Retained Earnings | -$273.72M | -$228.18M | -$190.26M | -$167.89M | -$148.33M | -$130.12M | -$116.64M | -$108.87M | -$107.86M | -$136.24M | -$98.1M | -$82.68M | -$101.48M | -$87.87M | -$87.18M | -$84.5M | -$80.98M | -$77.14M | -$73.83M | -$71.03M | -$68.69M |
| Comprehensive Income & Other | -$963K | -$839K | -$892K | -$830K | -$1.25M | -$1.46M | -$1.95M | -$1.86M | $1.1M | $1.68M | $1.92M | $1.56M | $1.92M | $585K | $1.41M | $2.81M | $2.71M | $2.6M | $2.41M | $2.18M | $2.11M |
| Other Stockholders' Equity | $450.73M | $325.47M | $237.51M | $168.09M | $151.21M | $150.13M | $126.87M | $125.44M | $1.1M | $1.68M | $1.92M | $1.56M | $1.92M | $585K | $1.41M | $2.81M | $2.71M | $2.6M | $2.41M | $2.18M | $2.11M |
| Total Equity | $177.01M | $97.3M | $47.25M | $202K | $2.88M | $20.01M | $10.24M | $16.57M | $13.77M | $21.58M | $14.07M | $18.31M | $22.48M | $30.61M | $2.7M | $5.21M | -$697K | $1.16M | $1.36M | $3.64M | $63K |
| Minority Interest | $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 | $182.62M | $99.59M | $52.21M | $4.46M | $5.97M | $21.38M | $11.74M | $19.21M | $16.38M | $22.48M | $15.12M | $19.57M | $24.03M | $31.48M | $3.29M | $6.87M | $1.04M | $2.02M | $2.02M | $5.22M | $2.3M |
| Supplementary Data | |||||||||||||||||||||
| Total Debt | $762K | $849K | $284K | $559K | $811K | $213K | $405K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $293K | $460K | $0 | $0 | $187K | $0 |
| Net Debt | -$179.21M | -$96.89M | -$50.58M | -$1.92M | -$3.25M | -$19.56M | -$9.4M | -$15.7M | -$11.82M | -$13.35M | -$13.61M | -$16.71M | -$20.51M | -$28.62M | -$3.12M | -$6.37M | $287K | -$221K | -$208K | -$4.78M | -$906K |
Cash Flow Statement
| Period | FY 2026 | 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 | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 | 2007-06-30 | 2006-06-30 | 2005-06-30 | 2004-06-30 |
| Operating Activities | |||||||||||||||||||||||
| Net Income | -$45.55M | -$37.92M | -$21.75M | -$19.56M | -$18.21M | -$13.88M | -$8.27M | $2.61M | -$8.55M | -$4.37M | -$18.5M | -$8.83M | -$10.84M | -$6.42M | -$4.19M | -$3.26M | -$4.84M | -$2.28M | -$2.59M | -$1.86M | -$501K | -$7.05M | -$7.9M |
| Depreciation & Amortization | $481K | $396K | $343K | $381K | $392K | $424K | $374K | $224K | $195K | $217K | $289K | $94K | $0 | $0 | $13K | $8K | $4K | $5K | $4K | $2K | $0 | $1.38M | $848K |
| Deferred Income Tax | $0 | $0 | $0 | -$714K | $0 | $0 | $0 | -$957K | $0 | -$820K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $26.41M | $17.43M | $830K | $452K | $870K | $634K | $237K | $957K | $0 | $386K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||
| Accounts Receivable | $30K | $197K | -$176K | -$50K | $1K | $28K | $2.4M | $607K | $316K | $814K | -$854K | -$1K | -$16K | $22K | $21K | $187K | -$254K | -$20K | $0 | $997K | -$1.23M | -$62K | $20K |
| Inventory | $0 | $0 | $0 | -$1.31M | -$1.09M | -$83K | -$700K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $3.27M | -$2.38M | $0 | $1.36M | $1.09M | $55K | -$1.7M | $740K | $1.43M | $0 | -$666K | $724K | $270K | $222K | -$807K | $264K | $306K | $137K | -$662K | -$344K | -$747K | $898K | -$408K |
| Other Working Capital | -$1.17M | -$548K | $1.35M | $714K | $1.04M | $8K | $126K | -$24K | -$255K | -$54K | $1.21M | $136K | -$2.8M | -$15K | $20K | -$8K | -$13K | $27K | $93K | $54K | $673K | -$669K | -$3K |
| Total Working Capital Change | $2.14M | -$2.73M | $1.17M | $714K | $1.04M | $8K | $126K | $1.32M | $1.49M | $760K | $351K | $859K | -$2.54M | $53K | -$766K | $443K | $39K | $144K | -$569K | $708K | -$1.31M | $167K | -$391K |
| Other Non-Cash Items | $0 | -$764K | $1K | $717K | $10K | -$16K | $2K | $634K | -$2.93M | -$4.48M | -$2.34M | -$1.82M | $4.34M | $3.34M | $1.73M | -$122K | $2.37M | $144K | $273K | -$605K | -$6.57M | -$7.54M | -$1.4M |
| Net Cash from Operating | -$16.52M | -$23.59M | -$19.4M | -$18.01M | -$15.9M | -$12.83M | -$7.54M | $4.79M | -$9.79M | -$8.3M | -$20.21M | -$9.69M | -$9.04M | -$3.03M | -$3.22M | -$2.93M | -$2.43M | -$1.98M | -$2.88M | -$1.75M | -$8.37M | -$13.05M | -$8.84M |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditures | -$105K | -$18K | -$179K | -$1K | -$13K | -$221K | -$95K | -$403K | -$61K | -$131K | -$255K | -$387K | -$475K | -$29K | -$18K | -$26K | -$3K | -$165 | -$10K | -$8K | -$12K | -$803K | -$57K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $1K | $4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $39K | -$272K |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$131K | $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 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $202 | -$86K | -$40K | -$87K | $0 | $444K | $177K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$105K | -$18K | -$179K | -$1K | -$13K | -$221K | -$94K | -$399K | -$147K | -$302K | -$342K | -$387K | -$32K | $148K | -$18K | -$26K | -$3K | -$165 | -$10K | -$8K | -$12K | -$763K | -$328K |
| Financing Activities | |||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $614K | -$1.65M | - | - | - | - | - | - | - |
| Common Stock Issuance | $98.98M | $70.48M | $70.88M | $17.88M | $0 | $25.75M | $2.25M | $0 | $6.48M | $6.2M | $14.53M | $295K | $362K | $35.66M | $203K | $6.85M | $587K | $1.94M | $13K | $4.61M | $3.12M | $15.25M | $15.23M |
| 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 | -$661K |
| 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 |
| Other Financing Activities | $0 | $0 | -$2.85M | -$1.87M | $0 | -$3.23M | -$480K | -$688K | $2.03M | $1.74M | $2.98M | -$238K | $37.76M | -$34.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $98.98M | $70.48M | $68.03M | $16.02M | $0 | $22.52M | $1.77M | -$688K | $8.51M | $7.94M | $17.51M | $57K | $38.12M | $1.21M | -$411K | $8.5M | $1.17M | $1.97M | $13K | $5.54M | $3.12M | $15.2M | $13.7M |
| Forex Effect | -$125K | $49K | -$8K | $412K | $204K | $499K | -$58K | $728K | $144K | -$188K | -$517K | -$5.78M | $865K | -$161K | -$275K | $980K | $1.23M | -$20K | -$1.3M | $398K | $6.17M | -$1.39M | $0 |
| Net Change in Cash | $82.23M | $46.93M | $48.44M | -$1.59M | -$15.71M | $9.97M | -$5.92M | $4.43M | -$1.29M | -$855K | -$3.56M | -$7.34M | $29.91M | -$1.84M | -$3.92M | $6.52M | -$36K | -$29K | -$4.18M | $4.17M | $906K | $0 | $0 |
| Supplementary Data | |||||||||||||||||||||||
| Operating Cash Flow | -$16.52M | -$23.59M | -$19.4M | -$18.01M | -$15.9M | -$12.83M | -$7.54M | $4.79M | -$8.55M | -$8.3M | -$20.21M | -$9.69M | -$9.69M | -$9.27M | -$3.22M | -$2.93M | -$2.43M | -$1.98M | -$2.88M | -$1.75M | -$8.37M | -$13.05M | -$8.84M |
| Capital Expenditure | -$105K | -$18K | -$179K | -$1K | -$13K | -$221K | -$95K | -$403K | -$61K | -$131K | -$255K | -$387K | -$475K | -$29K | -$18K | -$26K | -$3K | -$166 | -$10K | -$8K | -$12K | -$803K | -$57K |
| Free Cash Flow | -$16.62M | -$23.61M | -$19.58M | -$18.01M | -$15.91M | -$13.05M | -$7.63M | $4.39M | -$8.61M | -$8.44M | -$20.46M | -$10.08M | -$10.17M | -$9.3M | -$3.24M | -$2.95M | -$2.43M | -$1.98M | -$2.89M | -$1.76M | -$8.39M | -$13.85M | -$8.9M |
| Cash at Beginning | $97.86M | $50.93M | $2.49M | $4.08M | $19.78M | $9.8M | $15.72M | $11.26M | $18.14M | $17.73M | $22.47M | $24.05M | $1.54M | $3.41M | $7.04M | $136K | $209K | $250K | $4.39M | $789K | $0 | $0 | $0 |
| Cash at End | $180.09M | $97.86M | $50.93M | $2.49M | $4.08M | $19.77M | $9.8M | $15.7M | $16.17M | $17.44M | $18.2M | $16.71M | $31.45M | $1.57M | $3.12M | $6.66M | $173K | $221K | $208K | $4.96M | $906K | $0 | $4.66M |