CAPRICOR THERAPEUTICS, INC. (CAPR)
Capricor Therapeutics, Inc. is a clinical-stage biotechnology company, which focuses on the development of transformative cell and exosome-based therapeutics for treating Duchenne muscular dystrophy (“DMD”), a rare form of muscular dystrophy which results in muscle degeneration and premature death, and other diseases with unmet medical needs. Its product candidate consists of CAP-1002, Engineered Exosomes, CAP-2003, and Exosome-Based Vaccine. The company was founded on June 17, 1996 and is headquartered in San Diego, CA.
Sector: Pharmaceutical Preparations
Industry: Biotechnology
Capricor Therapeutics, Inc.
NASDAQ:CAPRHealthcare · Biotechnology
-3.77%$6.38
AH$6.92+8.46%vs close
Mkt Cap$370.93M
Float41.01M
O/S58.14M
Vol
$ Vol
RVOL
Inst Own67.6%
SI48.4%
Earnings
Dilution
Financials Summary
Revenue$0
Net Income-$105.04M
Total Assets$355.95M
Free Cash Flow-$72.72M
Debt & Equity
Debt 6%
Equity 94%
Total Debt$17.94M
Total Equity$305.79M
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse
- 1:10Reverse splitJun 5, 201910 shares → 1
- 1:20Reverse splitApr 5, 200520 shares → 1
Balance Sheet Details
Assets$355.95M
Liabilities$50.16M
Accounts Receivable$59K
Accounts Payable$1.65M
Inventory$0
PP&E (Net)$18.31M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $0 | $22.27M | $25.18M | $2.55M | $245K | $310K | $1.01M | $1.67M | $2.67M | $3.19M | $3.78M | $4.17M | $503K | $196K | $1.35M | $0 | $0 | $0 | $101K | $381K | $0 | $0 | $2K | $11K | $0 | $0 | $0 |
| YoY Growth | - | -11.5% | 886.8% | 941.8% | -21.1% | -69.1% | -39.9% | -37.3% | -16.4% | -15.5% | -9.4% | 728.0% | 157.4% | -85.6% | - | - | - | - | -73.4% | - | - | - | -81.0% | - | - | - | - |
| Cost of Revenue | $0 | $49.97M | $36.45M | $21.82M | $0 | $0 | $5.14M | $0 | $0 | $16.04M | $13.76M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $0 | -$27.7M | -$11.27M | -$19.27M | $245K | $310K | -$4.14M | $1.67M | $2.67M | -$12.85M | -$9.98M | -$3M | $503K | $196K | $1.35M | $0 | $0 | $0 | $101K | $381K | $0 | $0 | $2K | $11K | $0 | $0 | $0 |
| Gross Margin | - | -124.4% | -44.8% | -755.1% | 100.0% | 100.0% | -411.6% | 100.0% | 100.0% | -402.9% | -264.3% | -72.0% | 100.0% | 100.0% | 100.0% | - | - | - | 100.0% | 100.0% | - | - | 100.0% | 100.0% | - | - | - |
| Research and Development | $84.45M | $49.97M | $36.45M | $21.82M | $13.57M | $8.46M | $5.14M | $12.07M | $10.77M | $16.04M | $13.76M | $7.79M | $5.2M | $1.02M | $4.14M | $4.08M | $4.47M | $9.48M | $5.12M | $2.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $22.75M | $14.87M | $12.81M | $10.43M | $7.61M | $5.54M | $3.6M | $4.93M | $4.76M | $4.93M | $4.37M | $3.02M | $2.21M | $1.61M | $2.12M | $2.21M | $3.42M | $3.92M | $4.48M | $179K | $19K | $19K | $18K | $29K | $22K | $10K | $0 |
| Other | $939K | -$49.97M | -$36.45M | -$21.82M | $0 | $0 | -$5.14M | $0 | -$10.77M | -$809K | -$1.74M | -$620K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $83 | $26K | $200 |
| Total Operating Expenses | $108.14M | $14.87M | $12.81M | $10.43M | $21.18M | $14M | $3.6M | $17M | $4.76M | $4.93M | $4.37M | $10.19M | $7.41M | $2.64M | $6.25M | $6.29M | $7.72M | $13.4M | $9.6M | $12K | $19K | $19K | $18K | $29K | $22K | $37K | $200 |
| Operating Income (EBIT) | -$108.14M | -$42.56M | -$24.08M | -$29.7M | -$20.94M | -$13.69M | -$7.73M | -$15.33M | -$12.86M | -$16.98M | -$12.61M | -$6.02M | -$6.9M | -$2.44M | -$4.9M | -$6.29M | -$7.88M | -$13.4M | -$9.5M | -$2.5M | -$19K | -$19K | -$16K | -$18K | -$22K | -$37K | -$200 |
| Operating Margin | - | -191.1% | -95.6% | -1163.9% | -8549.9% | -4412.6% | -769.5% | -917.2% | -482.4% | -532.2% | -334.0% | -144.4% | -1371.7% | -1248.1% | -361.5% | - | - | - | -9368.8% | -656.0% | - | - | -739.8% | -154.8% | - | - | - |
| Interest Expense | $3.05M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $399K | $345K | $249K | $201K | $58K | $0 | $0 | $0 | $0 | $137 | $1.09M | $950 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $6.26M | $2.2M | $1.73M | $522K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1K | $6K | $20K | $47K | $333K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $3.1M | $2.1M | $1.79M | $678K | $916K | $33K | $92K | $136K | $15.29M | -$1.83M | -$246K | -$199K | -$1.99M | $546K | $14.39M | $262K | $11K | $268K | $9.5M | $2.5M | $0 | $900 | $16K | $18K | $0 | $0 | $0 |
| Income Before Tax (EBT) | -$105.04M | -$40.47M | -$22.29M | -$29.02M | -$20.02M | -$13.66M | -$7.64M | -$15.19M | $2.43M | -$18.81M | -$12.86M | -$6.22M | -$8.89M | -$1.89M | -$4.88M | -$6.03M | -$7.87M | -$13.13M | $0 | $0 | $0 | -$18K | $0 | $0 | $0 | $0 | $0 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$11K | -$268K | $0 | $0 | $19K | $0 | $0 | $0 | $0 | $0 | $200 |
| Net Income | -$105.04M | -$40.47M | -$22.29M | -$29.02M | -$20.02M | -$13.66M | -$7.64M | -$15.19M | $2.43M | -$18.81M | -$12.86M | -$6.22M | -$8.89M | -$1.89M | -$4.88M | -$6.03M | -$7.87M | -$13.13M | -$10.3M | -$2.58M | -$19K | -$18K | -$16K | -$16K | -$22K | -$37K | -$200 |
| Net Income Margin | - | -181.7% | -88.5% | -1137.4% | -8175.9% | -4401.9% | -760.4% | -909.1% | 91.2% | -589.6% | -340.5% | -149.2% | -1767.0% | -968.3% | -360.5% | - | - | - | -10160.7% | -678.0% | - | - | -739.8% | -135.7% | - | - | - |
| Supplementary Data | |||||||||||||||||||||||||||
| EPS | -2.26 | -1.15 | -0.83 | -1.18 | -0.87 | -0.88 | -2.06 | -5.17 | 1.00 | -10.14 | -8.09 | -5.31 | -8.47 | -2.10 | -65.43 | -93.75 | -154.56 | -272.15 | -304.06 | -95.00 | -12.49 | -11.97 | -10.70 | -10.32 | -14.77 | -26.56 | -0.00 |
| Diluted EPS | -2.26 | -1.15 | -0.83 | -1.18 | -0.87 | -0.88 | -2.06 | -5.17 | 0.90 | -10.14 | -8.09 | -5.31 | -8.47 | -2.10 | -65.43 | -93.75 | -154.56 | -272.15 | -304.06 | -95.00 | -12.49 | -11.97 | -10.70 | -10.32 | -14.77 | -26.56 | -0.00 |
| Weighted Average OS | 46.48M | 35.22M | 26.78M | 24.55M | 23.09M | 15.57M | 3.71M | 2.94M | 2.32M | 1.85M | 1.59M | 1.17M | 1.05M | 84,403 | 74,657 | 64,336 | 50,933 | 48,252 | 33,884 | 27,588 | 1,510 | 1,510 | 1,510 | 1,510 | 1,510 | 1,375 | 1,375 |
| EBITDA | -$100.11M | -$39.04M | -$21.22M | -$28.49M | -$19.78M | -$13.55M | -$7.56M | -$15.17M | $2.97M | -$18.34M | -$12.5M | -$5.97M | -$6.88M | -$2.43M | -$4.88M | -$6.02M | -$7.71M | -$13.02M | -$9.47M | -$2.5M | -$19K | -$18K | -$16K | -$18K | -$22K | -$36K | $200 |
| EBITDA Margin | - | -175.3% | -84.3% | -1116.5% | -8075.5% | -4366.2% | -752.4% | -907.8% | 111.6% | -574.8% | -331.0% | -143.4% | -1366.4% | -1244.5% | -359.9% | - | - | - | -9342.2% | -655.9% | - | - | -739.8% | -154.8% | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | |||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||
| Cash and Cash Equivalents | $287.85M | $11.29M | $14.69M | $9.6M | $34.89M | $32.67M | $3.9M | $4.26M | $6.14M | $3.2M | $5.57M | $8.03M | $1.73M | $170K | $1.04M | $3.38M | $3.18M | $5.5M | $16.23M | $0 | $281 | $635 | $1K | $25 | $156 | $13K | $0 |
| Short-Term Investments | $30.28M | $140.23M | $24.79M | $31.82M | $0 | $0 | $5.99M | $3M | $7.98M | $12.99M | $8M | $0 | $326K | $4.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $318.13M | $151.52M | $39.49M | $41.42M | $34.89M | $32.67M | $9.89M | $7.26M | $14.12M | $16.19M | $13.57M | $8.03M | $2.06M | $4.36M | $1.04M | $3.38M | $3.18M | $5.5M | $16.23M | $0 | $281 | $635 | $1K | $25 | $156 | $13K | $0 |
| Accounts Receivable | $59K | $10.37M | $10.37M | $548K | $392K | $56K | $88K | $205K | $345K | $223K | $212K | $360K | $0 | $792K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $87 | $1K | $0 |
| Inventory | $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 Current Assets | $0 | $0 | $0 | $920K | $0 | -$56K | $0 | $286K | $742K | $1.35M | $0 | $2.98M | $1.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $322.94M | $163.39M | $50.86M | $42.89M | $36.44M | $33.68M | $10.54M | $8.47M | $15.71M | $18.11M | $13.99M | $11.61M | $3.68M | $5.19M | $1.31M | $3.6M | $3.43M | $6.05M | $16.76M | $0 | $281 | $635 | $1K | $25 | $243 | $14K | $0 |
| Long-Term Assets | |||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $18.31M | $6.87M | $7.61M | $6.94M | $4.62M | $851K | $443K | $574K | $372K | $435K | $319K | $229K | $74K | $34K | $10K | $17K | $27K | $74K | $63K | $0 | $0 | $0 | $0 | $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 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $2K | $6K | $205K | $93K | $142K | $1.69M | $1.74M | $1.76M | $178K | $0 | $0 | $107K | $210K | $253K | $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 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $14.7M | $222K | $268K | $268K | $276K | $89K | $120K | $152K | $96K | $61K | $70K | $55K | $26K | $18K | $52K | $52K | $52K | $107K | $14K | $0 | $0 | $0 | $0 | $0 | $0 | $83 | $283 |
| Total Long-Term Assets | $33.01M | $7.1M | $7.88M | $7.21M | $4.89M | $942K | $569K | $776K | $561K | $639K | $2.08M | $2.02M | $1.86M | $230K | $62K | $69K | $186K | $390K | $330K | $0 | $0 | $0 | $0 | $0 | $0 | $83 | $283 |
| 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 |
| Total Assets | $355.95M | $170.48M | $58.73M | $50.09M | $41.33M | $34.62M | $11.11M | $9.25M | $16.27M | $18.75M | $16.07M | $13.63M | $5.54M | $5.42M | $1.37M | $3.67M | $3.62M | $6.44M | $17.09M | $0 | $281 | $635 | $1K | $25 | $243 | $14K | $283 |
| Liabilities | |||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||
| Accounts Payable | $1.65M | $3.28M | $6.24M | $4.83M | $3.72M | $2.72M | $898K | $1.26M | $1.67M | $3.04M | $2.53M | $1.7M | $1.63M | $265K | $438K | $332K | $151K | $746K | $659K | $9K | $8K | $7K | $5K | $9K | $8K | $900 | $900 |
| Short-Term Debt | $3.62M | $835K | $749K | $682K | $418K | $247K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $125K | $69K | $52K | $37K | $8K | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $12M | $12M | $24.27M | $17.98M | $0 | $0 | $0 | $0 | $0 | $1.37M | $3.65M | $4.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $11.85M | $2.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $489K | $352K | $434K | $546K | $92K | $64K | $713K | $435K | $387K | $783K | $950 | $0 | $0 | $0 | $7 | $900 | $0 | $0 |
| Total Current Liabilities | $35.84M | $21.03M | $31.27M | $23.59M | $4.13M | $2.97M | $898K | $1.26M | $1.67M | $4.9M | $6.53M | $6.3M | $2.05M | $529K | $541K | $1.07M | $638K | $1.33M | $1.89M | $135K | $78 | $59K | $42K | $25 | $9K | $900 | $900 |
| Long-Term Liabilities | |||||||||||||||||||||||||||
| Long-Term Debt | $0 | $3.38M | $3.38M | $3.38M | $3.38M | $3.45M | $3.38M | $3.38M | $3.38M | $17.01M | $9.16M | $9.16M | $3.96M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $9.47M | $0 | $0 | $0 | $0 | $0 | $0 | $911K | $4.17M | $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 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $849K | $505K | $259K | $58K | $63K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $14.32M | $3.99M | $4.86M | $14.72M | $5.83M | $3.45M | $3.38M | $3.38M | $3.38M | $17.86M | $10.57M | $13.58M | $4.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 |
| Total Liabilities | $50.16M | $25.02M | $36.13M | $38.31M | $9.96M | $6.42M | $4.27M | $4.63M | $5.05M | $22.75M | $17.1M | $19.88M | $6.07M | $529K | $541K | $1.07M | $638K | $1.33M | $1.89M | $135K | $78K | $59K | $42K | $25K | $9K | $900 | $900 |
| 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 |
| Common Stock | $57K | $46K | $31K | $25K | $24K | $21K | $5K | $3K | $26K | $21K | $16K | $12K | $12K | $10K | $40K | $35K | $27K | $24K | $24K | $8K | $8K | $8K | $8K | $8K | $8K | $8K | $1 |
| Retained Earnings | -$304.88M | -$199.83M | -$159.37M | -$137.08M | -$108.06M | -$88.04M | -$74.38M | -$66.74M | -$51.55M | -$53.98M | -$35.17M | -$22.32M | -$16.1M | -$7.21M | -$44.81M | -$39.93M | -$33.9M | -$26.03M | -$12.89M | -$190K | -$128K | -$109K | -$91K | -$75K | -$60K | -$37K | -$717 |
| Comprehensive Income & Other | $283K | $1.03M | $236K | $105K | $0 | $0 | -$757 | $12K | $12K | $4K | $9K | $0 | -$980 | -$22K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $610.61M | $345.25M | $181.94M | $148.84M | $139.4M | $116.22M | $81.21M | $71.35M | $62.75M | $49.95M | $34.12M | $16.05M | $15.55M | $12.09M | $45.61M | $42.49M | $36.85M | $31.11M | $28.07M | $47K | $43K | $43K | $43K | $43K | $43K | $43K | $99 |
| Total Equity | $305.79M | $145.46M | $22.6M | $11.79M | $31.37M | $28.2M | $6.84M | $4.62M | $11.23M | -$4M | -$1.03M | -$6.25M | -$535K | $4.89M | $831K | $2.6M | $2.98M | $5.1M | $15.2M | -$135K | -$78K | -$59K | -$41K | -$25K | -$9K | $13K | -$617 |
| 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 |
| Total Liabilities and Equity | $355.95M | $170.48M | $58.73M | $50.09M | $41.33M | $34.62M | $11.11M | $9.25M | $16.27M | $18.75M | $16.07M | $13.63M | $5.54M | $5.42M | $1.37M | $3.67M | $3.62M | $6.44M | $17.09M | $0 | $281 | $635 | $1K | $25 | $243 | $14K | $283 |
| Supplementary Data | |||||||||||||||||||||||||||
| Total Debt | $17.94M | $4.83M | $5.61M | $5.94M | $6.25M | $3.69M | $3.38M | $3.38M | $3.38M | $17.01M | $9.16M | $9.16M | $3.96M | $0 | $0 | $0 | $0 | $0 | $0 | $125K | $69K | $52K | $37K | $8K | $0 | $0 | $0 |
| Net Debt | -$269.9M | -$6.46M | -$9.08M | -$3.67M | -$28.64M | -$28.97M | -$523K | -$1.17M | -$3.51M | $12.45M | $3.59M | -$1.86M | $830K | -$47K | -$1.04M | -$3.38M | -$3.18M | -$5.5M | -$16.23M | $125K | $69 | $51K | $36K | $8 | -$156 | -$13K | $0 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | |||||||||||||||||||||||||||
| Net Income | -$105.04M | -$40.47M | -$22.29M | -$29.02M | -$20.02M | -$13.66M | -$7.64M | -$15.19M | $2.43M | -$18.81M | -$12.86M | -$6.22M | -$8.89M | -$1.89M | -$4.88M | -$6.03M | -$7.87M | -$13.13M | -$10.3M | -$61K | -$19K | -$18K | -$16K | -$16K | -$22K | -$37K | -$200 |
| Depreciation & Amortization | $1.89M | $1.43M | $1.07M | $533K | $246K | $144K | $172K | $158K | $144K | $126K | $111K | $42K | $27K | $6K | $8K | $13K | $160K | $113K | $27K | $353 | $0 | $0 | $0 | $0 | $83 | $200 | $200 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$310K | -$326K | $0 | $0 | $0 | -$1.96M | -$1.57M | -$497K | -$264K | -$861K | $4.89M | $0 | -$2.22M | -$3.02M | -$3.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $17.23M | $9.77M | $7.39M | $4.46M | $2.97M | $1.95M | $701K | $1.73M | $1.71M | $1.96M | $1.57M | $497K | $264K | $313K | $806K | $1.12M | $2.25M | $3.04M | $3.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||
| Accounts Receivable | $10.31M | $4K | -$9.82M | -$156K | -$391.75M | $87.97M | $116.9M | $139.71M | -$121.24M | -$11.4M | $148.29M | -$360K | $767K | -$360K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $391.75M | -$1.91B | $156.28M | -$139.79M | $121.36M | $11.6M | -$147.88M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $5.98M | $1.94M | $1.33M | $1.21M | $991K | $1.83B | -$273.18M | -$415K | -$1.86M | $645K | $750K | $80K | $1.19M | -$255K | $105K | $182K | -$588K | $80K | $298K | $1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$4.09M | -$12.73M | -$3.25M | $27.7M | -$809K | $1.51M | -$55K | -$56K | -$1.13M | -$1.43M | -$814K | $6.56M | -$654K | $191K | -$685K | $288K | $236K | -$749K | $582K | $486 | $1K | $3K | -$5K | $1K | $9K | $14K | $0 |
| Total Working Capital Change | $12.2M | -$10.78M | -$11.75M | $28.75M | $182K | $1.51M | -$55K | -$555K | -$2.86M | -$583K | $356K | $6.64M | $538K | -$64K | -$580K | $470K | -$353K | -$669K | $880K | $2K | $1K | $3K | -$5K | $1K | $9K | $14K | -$900 |
| Other Non-Cash Items | $3.92M | $66K | -$18K | $196K | $130K | $326K | $3K | $2.32M | -$15.65M | $3.46M | $1.57M | $497K | $2.18M | $313K | -$4.88M | $107K | $2.25M | $3.04M | $4.02M | $4K | $0 | $0 | $0 | $0 | $0 | -$15K | $900 |
| Net Cash from Operating | -$69.81M | -$40M | -$25.6M | $4.92M | -$16.81M | -$10.05M | -$6.82M | -$13.86M | -$14.23M | -$15.8M | -$10.82M | $959K | -$6.14M | -$2.19M | -$4.65M | -$4.32M | -$5.8M | -$10.64M | -$5.37M | -$56K | -$18K | -$15K | -$21K | -$14K | -$13K | -$37K | -$900 |
| Investing Activities | |||||||||||||||||||||||||||
| Capital Expenditures | -$11.72M | -$1.54M | -$2.05M | -$3.36M | -$1.2M | -$548K | $0 | -$316K | -$32K | -$194K | -$151K | -$186K | -$109K | -$13K | -$2K | -$2K | -$37K | -$93K | -$289K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | -$5.99M | $0 | $0 | $0 | $1.77M | $21.53M | $0 | -$53K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$151.39M | -$208.44M | -$97.44M | -$114.22M | $0 | -$6.13M | -$6M | -$18.01M | -$18.99M | -$18M | -$17.99M | $0 | -$227K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $260.6M | $93.8M | $104.6M | $82.51M | $0 | $12.12M | $3M | $23M | $24M | $13M | $10M | $327K | $4.11M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $5.99M | $0 | $4.99M | $5.01M | -$1.77M | -$21.53M | $327K | $54K | -$4.3M | $0 | $0 | $3K | -$47.32M | -$229K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $97.48M | -$116.18M | $5.11M | -$35.07M | -$1.2M | $5.44M | -$3M | $4.67M | $4.98M | -$5.19M | -$8.14M | $141K | $3.78M | -$4.32M | -$2K | -$2K | -$34K | -$93K | -$289K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | -$318K | - | - | -$500K | -$4.75M | - | -$5.2M | -$3.93M | - | - | - | - | - | - | -$4M | - | - | -$29K | -$8K | - | - | - |
| Common Stock Issuance | $248.89M | $152.32M | $25.52M | $4.8M | $20.17M | $27.34M | $9.17M | $6.71M | $11.07M | $13.86M | $16.45M | $0 | $0 | $1.19M | $2.3M | $4.52M | $3.29M | $0 | $19.87M | $0 | $0 | $0 | $0 | $0 | $0 | $51K | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | -$193 | $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 |
| Other Financing Activities | $296 | $450K | $65K | $70K | $51K | $5.72M | $3K | $139K | $7K | $14K | $45K | $5K | $0 | $0 | $14K | $6K | $217K | $0 | $0 | $0 | $17K | $15K | -$7K | $7K | $0 | $0 | $0 |
| Net Cash from Financing | $248.89M | $152.77M | $25.58M | $4.87M | $20.23M | $33.38M | $9.18M | $6.85M | $11.58M | $18.63M | $16.49M | $5.21M | $3.93M | $1.19M | $2.31M | $4.52M | $3.5M | $0 | $19.87M | $55K | $17K | $15K | $22K | $14K | $0 | $51K | $0 |
| Forex Effect | $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 |
| Net Change in Cash | $276.56M | -$3.41M | $5.09M | -$25.28M | $2.22M | $28.77M | -$646K | -$2.34M | $2.33M | -$2.36M | -$2.47M | $6.31M | $1.56M | -$992K | -$2.34M | $202K | -$2.33M | -$10.73M | $14.21M | $0 | -$354 | -$444 | $1K | -$131 | -$13K | $13K | -$900 |
| Supplementary Data | |||||||||||||||||||||||||||
| Operating Cash Flow | -$69.81M | -$40M | -$25.6M | $4.92M | -$16.81M | -$10.05M | -$6.82M | -$13.86M | -$14.23M | -$15.8M | -$10.82M | $959K | -$6.14M | -$2.19M | -$4.65M | -$4.32M | -$5.8M | -$10.64M | -$5.37M | -$56K | -$18K | -$15K | -$21K | -$14K | -$13K | -$37K | -$900 |
| Capital Expenditure | -$2.9M | -$1.54M | -$2.05M | -$3.36M | -$1.2M | -$548K | $0 | -$316K | -$32K | -$194K | -$151K | -$186K | -$109K | -$13K | -$2K | -$2K | -$37K | -$93K | -$289K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$72.72M | -$41.53M | -$27.64M | $1.56M | -$18.01M | -$10.6M | -$6.82M | -$14.18M | -$14.26M | -$16M | -$10.97M | $772K | -$6.25M | -$2.2M | -$4.65M | -$4.32M | -$5.83M | -$10.73M | -$5.66M | -$56K | -$18K | -$15K | -$21K | -$14K | -$13K | -$37K | -$900 |
| Cash at Beginning | $11.29M | $14.69M | $9.6M | $34.89M | $32.67M | $3.9M | $4.55M | $6.88M | $4.55M | $5.57M | $8.03M | $1.73M | $170K | $1.04M | $3.38M | $3.18M | $5.5M | $16.23M | $2.02M | $281 | $635 | $1K | $0 | $156 | $13K | $0 | $0 |
| Cash at End | $287.85M | $11.29M | $14.69M | $9.6M | $34.89M | $32.67M | $3.9M | $4.55M | $6.88M | $3.2M | $5.57M | $8.03M | $1.73M | $47K | $1.04M | $3.38M | $3.18M | $5.5M | $16.23M | $281 | $281 | $635 | $1K | $0 | $156 | $13K | -$900 |