Consolidated Water Co. Ltd. (CWCO)
Consolidated Water Co. Ltd. (CWCO) is a specialist in providing comprehensive water solutions, primarily engaged in developing, constructing, overseeing, and operating water production and treatment facilities. Its core operations are concentrated in the Cayman Islands, the Bahamas, and the United States. A key aspect of its business involves utilizing reverse osmosis technology to convert seawater into potable (drinkable) water. The purified water is then supplied to a diverse customer base, including individual homeowners, commercial businesses, government entities, and other government-owned distribution networks. CWCO organizes its activities into four distinct divisions: Retail, Bulk, Services, and Manufacturing. Beyond direct water supply, the company offers extensive professional services. These include the design, engineering, construction, procurement, and management of various desalination projects and water treatment plants. It also provides management and engineering expertise for municipal water distribution and treatment systems. Furthermore, CWCO manufactures and services a wide array of water-related equipment. This product line features reverse osmosis desalination units, membrane separation equipment, filtration systems, piping networks, specialized vessels, and custom-fabricated components. The associated services in this manufacturing sector encompass design, engineering, consulting, project management, inspection, training, and equipment maintenance, catering to commercial, municipal, and industrial needs across water production, supply, treatment, desalination, and wastewater treatment. Established in 1973, Consolidated Water Co. Ltd. has its corporate headquarters situated in Grand Cayman, Cayman Islands.
Sector: Water Supply
Industry: Regulated Water
Consolidated Water Co. Ltd.
NASDAQ:CWCOUtilities · Regulated Water
-1.98%$27.24
AH Close$27.24+0.00%vs close
AH Close$27.24+0.00%vs close
Mkt Cap$436.19M
Float15.08M
O/S16.01M
Inst Own65.6%
SI4.5%
Div Yield2.06%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$132.07M
Net Income$18.34M
Total Assets$257.57M
Free Cash Flow$33.17M
Debt & Equity
Debt 1%
Equity 99%
Preferred 0%
Total Debt$3.03M
Total Equity$221.65M
Preferred Stock$24K
Shares Outstanding
Short Interest
Split History1 split
- 2:1Forward splitAug 25, 20051 share → 2
Balance Sheet Details
Assets$257.57M
Liabilities$30.89M
Accounts Receivable$36.06M
Accounts Payable$9.62M
Inventory$3.74M
PP&E (Net)$64.78M
Goodwill$12.86M
Intangible Assets$2.1M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 |
| Revenue | $132.07M | $133.97M | $180.21M | $94.1M | $66.86M | $72.63M | $68.79M | $65.72M | $62.31M | $57.88M | $57.12M | $65.56M | $63.82M | $65.45M | $55.15M | $50.71M | $58.02M | $65.68M | $49.15M | $38.23M | $26.19M | $23.28M | $19.05M | $11.91M | $11.03M | $9.58M | $8.25M | $7.9M | $7.4M | $6.4M | $5.9M | $5.4M | $5.1M | $3.66B |
| YoY Growth | -1.4% | -25.7% | 91.5% | 40.7% | -7.9% | 5.6% | 4.7% | 5.5% | 7.7% | 1.3% | -12.9% | 2.7% | -2.5% | 18.7% | 8.8% | -12.6% | -11.7% | 33.6% | 28.6% | 46.0% | 12.5% | 22.2% | 60.0% | 8.0% | 15.1% | 16.1% | 4.4% | 6.8% | 15.6% | 8.5% | 9.3% | 5.9% | -99.9% | - |
| Cost of Revenue | $84.51M | $88.34M | $118.28M | $63.75M | $43.36M | $45.86M | $40.52M | $38.98M | $36.87M | $33.62M | $34.19M | $42.44M | $40.32M | $43.46M | $36.13M | $34.1M | $35.02M | $47.05M | $30.47M | $22.62M | $15.83M | $13.67M | $10.68M | $6.88M | $6.11M | $5.42M | $4.62M | $3.1M | $4.1M | $3.5M | $3.3M | $2M | $1.6M | $0 |
| Gross Profit | $47.57M | $45.62M | $61.93M | $30.36M | $23.51M | $26.77M | $28.27M | $26.74M | $25.43M | $24.25M | $22.93M | $23.12M | $23.51M | $21.99M | $19.02M | $16.61M | $23M | $18.63M | $18.68M | $15.61M | $10.35M | $9.61M | $8.38M | $5.03M | $4.92M | $4.15M | $3.63M | $4.8M | $3.3M | $2.9M | $2.6M | $3.4M | $3.5M | $3.66B |
| Gross Margin | 36.0% | 34.1% | 34.4% | 32.3% | 35.2% | 36.9% | 41.1% | 40.7% | 40.8% | 41.9% | 40.1% | 35.3% | 36.8% | 33.6% | 34.5% | 32.8% | 39.6% | 28.4% | 38.0% | 40.8% | 39.5% | 41.3% | 44.0% | 42.2% | 44.6% | 43.4% | 43.9% | 60.8% | 44.6% | 45.3% | 44.1% | 63.0% | 68.6% | 100.0% |
| Research and Development | $0 | $0 | $578K | $396K | $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 |
| Selling, General, and Administrative | $30.12M | $26.67M | $23.99M | $20.32M | $17.46M | $17.41M | $16.02M | $17.18M | $17.15M | $16.88M | $14.53M | $16.64M | $15.55M | $14.12M | $13.4M | $10.99M | $10.1M | $6.29M | $9.48M | $8.43M | $6.12M | $5.14M | $3.78M | $2.64M | $2.6M | $2.2M | $1.79M | $2.4M | $1.8M | $1.7M | $700K | $1.8M | $1.9M | $0 |
| Other | -$813K | $673K | $193K | $364K | $4.03M | $1.01M | $532K | $1.58M | $4.57M | $5.23M | $340K | $368K | $291K | $943K | $252K | $341K | $0 | $2.49M | $0 | $0 | $0 | -$591K | $0 | $0 | $221K | $219K | $0 | -$965K | $2.04M | $2M | $1.9M | $1.6M | $1.6M | $3.66B |
| Total Operating Expenses | $29.3M | $27.34M | $24.76M | $21.08M | $21.5M | $18.42M | $16.56M | $18.77M | $21.72M | $22.11M | $14.87M | $17.01M | $15.84M | $15.06M | $13.65M | $11.33M | $10.1M | $8.79M | $9.48M | $8.43M | $6.12M | $4.55M | $3.78M | $2.64M | $2.82M | $2.42M | $1.79M | $1.44M | $3.84M | $3.7M | $2.6M | $3.4M | $3.5M | $3.66B |
| Operating Income (EBIT) | $18.26M | $18.28M | $37.17M | $9.28M | $2.01M | $8.35M | $11.72M | $7.98M | $2.28M | $2.14M | $8.44M | $6.46M | $7.66M | $6.93M | $5.37M | $5.28M | $12.9M | $9.84M | $9.21M | $7.18M | $4.24M | $5.06M | $4.04M | $2.63M | $2.32M | $1.96M | $1.37M | $1.66M | $1.34M | $1.3M | $1.2M | $900K | $800K | $3.66B |
| Operating Margin | 13.8% | 13.6% | 20.6% | 9.9% | 3.0% | 11.5% | 17.0% | 12.1% | 3.7% | 3.7% | 14.8% | 9.9% | 12.0% | 10.6% | 9.7% | 10.4% | 22.2% | 15.0% | 18.7% | 18.8% | 16.2% | 21.7% | 21.2% | 22.1% | 21.0% | 20.4% | 16.6% | 21.0% | 18.2% | 20.3% | 20.3% | 16.7% | 15.7% | 100.0% |
| Interest Expense | $4K | $102K | $145K | $47K | $10K | $10K | $1K | $8K | $7K | $104K | $269K | $489K | $484K | $877K | $1.14M | $1.58M | $1.7M | $1.76M | $1.86M | $1.89M | $886K | $683K | $1.16M | $104K | $115K | $0 | $0 | $300K | $0 | $100K | $0 | $0 | $0 | $0 |
| Interest Income | $2.67M | $2.09M | $696K | $447K | $685K | $540K | $589K | $663K | $381K | $610K | $1.01M | $1.44M | $827K | $836K | $1.2M | $1.38M | $917K | $1.39M | $1.91M | $305K | $208K | $82K | $82K | $15K | $29K | $32K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $3.12M | $2.39M | $828K | $452K | $1.62M | $1.08M | $787K | $2.74M | $1.53M | $104K | -$510K | $303K | $1.49M | $2.7M | $1.18M | $1.16M | -$12.9M | -$9.84M | -$9.21M | -$7.18M | $1.25M | $1.22M | $183K | -$52K | -$2.32M | -$1.96M | -$1.37M | -$1.66M | -$1.34M | -$1.3M | -$1.2M | -$900K | -$800K | -$3.66B |
| Income Before Tax (EBT) | $21.39M | $20.68M | $38M | $9.74M | $3.63M | $9.43M | $12.5M | $10.72M | $4.84M | $2.24M | $7.93M | $6.76M | $9.15M | $9.62M | $6.11T | $6.29T | $6.1B | $7.21B | $11.39B | $6.2B | $5.48M | $6.28M | $4.22M | $2.58B | $2.74M | $2.37M | $2.23M | $1.9M | $0 | $0 | -$800K | $600K | $500K | $0 |
| Income Tax Expense | $2.16M | $2.22M | $6.75M | $397K | -$448K | $87K | $67K | -$157K | -$889K | -$536K | $449K | -$4.32M | $2.38M | $3.92M | $96K | $224K | -$622K | -$6.29M | $5.85M | $1.31M | -$2K | $30K | $24K | -$296K | $860K | $1.82M | $1.64M | $1.4M | $1.5M | $1.6M | -$1.7M | $1.8M | $0 | -$400.6M |
| Net Income | $18.34M | $28.24M | $29.59M | $5.86M | $876K | $3.71M | $12.18M | $11.29M | $6.14M | $3.96M | $7.52M | $6.27M | $8.59M | $9.32M | $6.11M | $6.29M | $6.1M | $7.21M | $11.39M | $7.52M | $5.51M | $6.2M | $4.18M | $2.58M | $2.76M | $2.4M | $1.57M | $1.66M | $1.2M | $1.1M | $900K | $500K | $500K | $400.6M |
| Net Income Margin | 13.9% | 21.1% | 16.4% | 6.2% | 1.3% | 5.1% | 17.7% | 17.2% | 9.9% | 6.8% | 13.2% | 9.6% | 13.5% | 14.2% | 11.1% | 12.4% | 10.5% | 11.0% | 23.2% | 19.7% | 21.1% | 26.6% | 21.9% | 21.6% | 25.1% | 25.1% | 19.0% | 21.0% | 16.2% | 17.2% | 15.3% | 9.3% | 9.8% | 10.9% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||
| EPS | 1.15 | 1.78 | 1.88 | 0.38 | 0.06 | 0.62 | 0.57 | 0.75 | 0.41 | 0.27 | 0.51 | 0.43 | 0.59 | 0.64 | 0.42 | 0.43 | 0.42 | 0.50 | 0.79 | 0.60 | 0.47 | 0.54 | 0.43 | 0.33 | 0.36 | 0.34 | 0.26 | 0.27 | 0.21 | 0.20 | 0.19 | 0.13 | 0.15 | 0.10 |
| Diluted EPS | 1.14 | 1.77 | 1.86 | 0.38 | 0.06 | 0.61 | 0.56 | 0.75 | 0.41 | 0.27 | 0.51 | 0.42 | 0.58 | 0.64 | 0.42 | 0.43 | 0.42 | 0.50 | 0.79 | 0.59 | 0.45 | 0.53 | 0.42 | 0.32 | 0.35 | 0.34 | 0.25 | 0.26 | 0.20 | 0.20 | 0.19 | 0.13 | 0.15 | 0.10 |
| Weighted Average OS | 15.92M | 15.83M | 15.74M | 15.29M | 15.21M | 15.12M | 15.03M | 14.96M | 14.90M | 14.81M | 14.74M | 14.70M | 14.63M | 14.58M | 14.56M | 14.55M | 14.54M | 14.52M | 14.40M | 12.44M | 11.77M | 11.47M | 9.83M | 7.94M | 7.80M | 7.07M | 6.09M | 6.14M | 5.71M | 5.50M | 4.74M | 4.00M | 3.33M | 4.32M |
| EBITDA | $29.01M | $27.47M | $44.72M | $15.97M | $10.57M | $16.85M | $19.71M | $15.31M | $11.1M | $9.3M | $13.74M | $12.65M | $14.12M | $16.11M | $12.85M | $14.31M | $19.29M | $16.43M | $15.13M | $14.19M | $9.56M | $7.14M | $5.74M | $2.63M | $1.9M | $2.17M | $2.19M | $2.2M | $2M | $2M | $1.9M | $1.6M | $1.6M | $3.66B |
| EBITDA Margin | 22.0% | 20.5% | 24.8% | 17.0% | 15.8% | 23.2% | 28.6% | 23.3% | 17.8% | 16.1% | 24.1% | 19.3% | 22.1% | 24.6% | 23.3% | 28.2% | 33.3% | 25.0% | 30.8% | 37.1% | 36.5% | 30.7% | 30.1% | 22.1% | 17.2% | 22.7% | 26.6% | 27.8% | 27.0% | 31.3% | 32.2% | 29.6% | 31.4% | 100.0% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 |
| Assets | |||||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $123.79M | $99.35M | $42.62M | $50.71M | $40.36M | $43.79M | $42.9M | $31.34M | $47.18M | $39.25M | $44.79M | $35.71M | $33.63M | $33.89M | $37.62M | $46.13M | $44.43M | $36.26M | $38.53M | $37.31M | $11.96M | $9.22M | $8.24M | $568K | $516K | $251K | $22K | $400K | $1.1M | $1.1M | -$300K | -$200K | -$400K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $2.5M | $0 | $0 | $0 | $0 | $0 | $5.64M | $5M | $8.59M | $8.57M | $8.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $123.79M | $99.35M | $42.62M | $50.71M | $42.86M | $43.79M | $42.9M | $31.34M | $47.18M | $39.25M | $50.43M | $40.71M | $42.21M | $42.46M | $46.12M | $46.13M | $44.43M | $36.26M | $38.53M | $37.31M | $11.96M | $9.22M | $8.24M | $568K | $516K | $251K | $22K | $400K | $1.1M | $1.1M | -$300K | -$200K | -$400K |
| Accounts Receivable | $36.06M | $44.05M | $59.78M | $29.96M | $27.84M | $22M | $24.63M | $25.8M | $16.33M | $18.22M | $11.37M | $14.59M | $20.55M | $14.33M | $10.38M | $13.87M | $11.2M | $14.68M | $10.78M | $6.97M | $6.33M | $7.74M | $4.96M | $1.41M | $1.32M | $1.49M | $1.23M | $828K | $800K | $600K | $700K | $500K | $700K |
| Inventory | $3.74M | $8.96M | $6.04M | $5.73M | $2.5M | $3.21M | $3.29M | $2.23M | $1.74M | $2.31M | $1.92M | $1.74M | $1.38M | $1.76M | $1.45M | $1.43M | $1.83M | $1.62M | $3.65M | $2.79M | $2.03M | $1.63M | $1.55M | $388K | $48K | $34K | $123K | $100K | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $6.05M | $5.43M | $4.27M | $6.17M | $1.3M | $1.51M | $1.62M | $1.96M | $2.23M | $0 | $428K | $456K | $0 | $0 | $7.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $888K | $0 | $420K | $91K | $2K | $200K | $300K | $500K | $900K | $900K |
| Total Current Assets | $169.64M | $157.79M | $112.71M | $92.57M | $77.06M | $72.93M | $73.44M | $62.36M | $66.69M | $60.88M | $65.43M | $59.46M | $67.58M | $61.26M | $67.33M | $63.73M | $59.15M | $54M | $54.37M | $48.17M | $21.18M | $19.21M | $15.34M | $3.62M | $2.48M | $2.19M | $1.68M | $1.6M | $2.1M | $2M | $900K | $1.2M | $1.2M |
| Long-Term Assets | |||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $64.78M | $60.77M | $58.51M | $58.29M | $56.34M | $59.46M | $67.02M | $64.9M | $52.35M | $53.97M | $55.67M | $58.3M | $60.05M | $61.61M | $64.33M | $56.17M | $61.25M | $65.1M | $64.97M | $60.23M | $32.67M | $28.86M | $29.66M | $20.25M | $18.41M | $17.64M | $15.16M | $14.4M | $13M | $12.6M | $12.2M | $10.1M | $8.8M |
| Goodwill | $12.86M | $12.86M | $12.86M | $10.43M | $10.43M | $13.33M | $13.33M | $8M | $8.38M | $9.78M | $3.5M | $3.5M | $3.5M | $3.5M | $3.59M | $3.59M | $3.59M | $3.59M | $3.59M | $3.59M | $3.57M | $3.57M | $3.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $2.1M | $2.7M | $3.35M | $2.82M | $3.4M | $4.15M | $5.04M | $1.89M | $3.77M | $5.2M | $772K | $928K | $1.1M | $1.46M | $1.5M | $1.71M | $1.92M | $2.14M | $2.88M | $3.67M | $4.49M | $5.42M | $6.43M | $1.62M | $1.81M | $2.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.19M | $1.5M | $1.41M | $1.55M | $1.72M | $2.09M | $1.9M | $2.58M | $2.78M | $4.09M | $4.55M | $5.21M | $6.62M | $6.93M | $6.63M | $7.81M | $9.16M | $14.37M | $0 | $0 | $11.32M | $11.07M | $10.03M | $12K | $12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $967K | $0 | $227K | $24.16M | $24.16M | $21.29M | $22.69M | $24.33M | $26.17M | $19.51M | $9.03M | $10.76M | $12.6M | $10.88M | -$14.37M | $0 | $0 | $0 | $2.27M | $3.19M | -$12.45M | -$12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $7M | $7.7M | $29.58M | $26.38M | $27.41M | $27.37M | $7.39M | $8.61M | $10.21M | $7M | $7.37M | $6.9M | $7M | $6.68M | $6.72M | $6.59M | $8.54M | $29.83M | $23.52M | $23.3M | $15.14M | $425K | $506K | $12.45M | $12K | $0 | $16K | $0 | $0 | $100K | $200K | $0 | $100K |
| Total Long-Term Assets | $87.93M | $85.53M | $105.72M | $100.43M | $99.29M | $106.62M | $118.85M | $110.15M | $98.79M | $102.73M | $96.19M | $101M | $97.78M | $89.19M | $93.53M | $88.48M | $95.33M | $100.65M | $94.96M | $90.79M | $67.19M | $51.62M | $53.22M | $21.89M | $20.24M | $19.65M | $15.17M | $14.4M | $13M | $12.7M | $12.4M | $10.1M | $8.9M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $257.57M | $243.31M | $218.44M | $193.01M | $176.35M | $179.56M | $192.29M | $172.52M | $165.48M | $163.6M | $161.62M | $160.46M | $165.36M | $150.45M | $160.86M | $152.2M | $154.48M | $154.66M | $149.33M | $138.96M | $88.37M | $70.83M | $68.56M | $25.51M | $22.72M | $21.85M | $16.85M | $16M | $15.1M | $14.7M | $13.3M | $11.3M | $10.1M |
| Liabilities | |||||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||||
| Accounts Payable | $9.62M | $9.06M | $11.6M | $8.44M | $2.83M | $2.74M | $3.5M | $4.57M | $2.09M | $4.9M | $4.83M | $5.96M | $7.16M | $4.71M | $4.62M | $4.32M | $6.19M | $7.31M | $5M | $5.5M | $3.94M | $3.86M | $2.07M | $1.14M | $1.09M | $1.45M | $267K | $600K | $500K | $600K | $600K | $1M | $1M |
| Short-Term Debt | $48K | $126K | $192K | $115K | $62K | $42K | $18K | $0 | $686K | $490K | $6.96M | $9M | $5.21M | $1.65M | $17.53M | $1.42M | $1.32M | $1.23M | $1.14M | $1.15M | $3.47M | $3.73M | $3.76M | $518K | $356K | $923K | $962K | $60K | $700K | $600K | $600K | $500K | $400K |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $11.78M | $9.49M | $6.55M | $9.12M | $1.1M | $578K | $340K | $110K | $1K | $103K | $190K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $3.31M | $3.85M | $3.52M | $2.66M | $1.62M | $1.62M | $2M | $1.93M | $2.11M | $0 | $0 | $0 | $10.05M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $829K | $0 | $0 | $933K | $710K | $402K | $770K | $0 | $300K | $200K | $1M | $300K | $400K |
| Total Current Liabilities | $27.7M | $24.94M | $23.9M | $22.66M | $7.69M | $6.94M | $7.9M | $7.9M | $7.63M | $6.68M | $13.16M | $16.15M | $23.58M | $8.69M | $23.3M | $6.89M | $8.66M | $9.55M | $6.2M | $7.62M | $8.24M | $8.38M | $6.52M | $2.6M | $2.15M | $2.77M | $2.63M | $1.52M | $1.5M | $1.4M | $2.2M | $1.8M | $1.8M |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||||
| Long-Term Debt | $26K | $70K | $191K | $216K | $152K | $126K | $61K | $0 | $0 | $0 | $0 | $0 | $0 | $5.21M | $6.85M | $16.88M | $19.81M | $21.13M | $22.36M | $23.5M | $19.38M | $12.86M | $16.63M | $2.07M | $1.21M | $1.13M | $1.93M | $2.5M | $3.1M | $3.7M | $4.3M | $4M | $3.9M |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $707K | $211K | $531K | $560K | $565K | $1.44M | $1.53M | $660K | $1.02M | $1.92M | $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 | $153K | $153K | $153K | $219K | $149K | $1.05M | $3.42M | $200K | $803K | $905K | $225K | $225K | $289K | $435K | $420K | $443K | $465K | -$21.13M | $476K | $498K | $350K | $1.22M | $352K | $136K | $90K | $94K | -$1.83M | -$2.41M | $0 | $100K | $300K | $100K | $300K |
| Total Long-Term Liabilities | $3.18M | $3.07M | $2.7M | $2.59M | $3M | $3.6M | $6.17M | $860K | $1.83M | $2.82M | $225K | $225K | $289K | $5.64M | $7.27M | $17.33M | $20.27M | $22.91M | $22.83M | $24M | $19.73M | $13.21M | $16.99M | $2.21M | $1.3M | $1.23M | $2.01M | $2.8M | $3.1M | $3.8M | $4.6M | $4.1M | $4.2M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$22.89B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $30.89M | $28M | $26.61M | $25.24M | $10.69M | $10.54M | $14.34M | $8.76M | $9.46M | $9.5M | $13.42M | $16.38M | $23.87M | $14.31M | $30.58M | $24.22M | $28.93M | $31.11M | $29.03M | $31.62M | $27.97M | $21.59M | $23.51M | $4.81M | $3.46M | $4M | $4.32M | $4.3M | $4.6M | $5.2M | $6.8M | $5.9M | $6M |
| Stockholders' Equity | |||||||||||||||||||||||||||||||||
| Preferred Stock | $24K | $26K | $27K | $21K | $17K | $19K | $20K | $21K | $20K | $21K | $23K | $22K | $22K | $18K | $13K | $10K | $10K | $10K | $13K | $15K | $0 | $17K | $16K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $9.57M | $9.51M | $9.46M | $9.19M | $9.15M | $9.09M | $9.03M | $8.99M | $8.95M | $8.92M | $8.87M | $8.83M | $8.81M | $8.76M | $8.74M | $8.73M | $8.73M | $8.72M | $8.7M | $8.48M | $7.31M | $6.9M | $6.82M | $4.79M | $4.7M | $4.64M | $3.79M | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $116.75M | $106.88M | $85.15M | $61.25M | $60.6M | $64.91M | $66.35M | $59.3M | $53.11M | $51.59M | $52.08M | $49M | $47.16M | $42.97M | $38.03M | $36.29M | $34.37M | $32.34M | $29.85M | $21.28M | $16.87M | $14.15M | $10.61M | $8.53M | $7.63M | $6.44M | $5.3M | $5.67M | $4.5M | $3.7M | $2.9M | $2.3M | $2M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$550K | -$550K | -$550K | -$533K | -$482K | -$472K | -$15K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $95.33M | $93.58M | $92.22M | $89.23M | $87.83M | $86.91M | $88.38M | $86.68M | $85.88M | $85.09M | $84.09M | $83.32M | $82.93M | $82.49M | $81.95M | $81.36M | $81M | $81.14M | $80.35M | $76.09M | $35.39M | $27.32M | $26.81M | $7.38M | $6.93M | $6.77M | $3.43M | $6.03M | $6M | $5.8M | $3.6M | $3.1M | $2.1M |
| Total Equity | $221.65M | $209.96M | $186.83M | $159.67M | $157.58M | $160.91M | $163.76M | $154.97M | $147.93M | $145.6M | $145.04M | $141.15M | $138.9M | $134.21M | $128.72M | $126.38M | $124.09M | $122.2M | $118.9M | $105.84M | $59.56M | $48.37M | $44.25M | $20.7M | $19.26M | $17.85M | $12.53M | $11.7M | $10.5M | $9.5M | $6.5M | $5.4M | $4.1M |
| Minority Interest | $5.03M | $5.35M | $5M | $8.1M | $8.09M | $8.1M | $14.19M | $8.78M | $8.09M | $8.5M | $3.15M | $2.93M | $2.6M | $1.93M | $1.56M | $1.6M | $1.45M | $1.35M | $1.39M | $1.5M | $834K | $861K | $806K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $252.54M | $237.96M | $213.43M | $184.91M | $168.27M | $171.45M | $178.1M | $163.73M | $157.39M | $155.1M | $158.46M | $157.53M | $162.77M | $148.52M | $159.3M | $150.6M | $153.03M | $153.3M | $147.94M | $137.47M | $87.53M | $69.96M | $67.76M | $25.51M | $22.72M | $21.85M | $16.85M | $16M | $15.1M | $14.7M | $13.3M | $11.3M | $10.1M |
| Supplementary Data | |||||||||||||||||||||||||||||||||
| Total Debt | $3.03M | $3.46M | $2.67M | $2.47M | $2.94M | $1.61M | $4.67M | $0 | $686K | $490K | $7M | $9M | $5.21M | $6.85M | $24.38M | $18.31M | $21.13M | $22.36M | $23.5M | $24.65M | $22.85M | $16.59M | $20.4M | $2.59M | $1.57M | $2.05M | $3.21M | $2.8M | $3.8M | $4.3M | $4.9M | $4.5M | $4.3M |
| Net Debt | -$120.76M | -$95.89M | -$39.95M | -$48.24M | -$37.41M | -$42.19M | -$38.23M | -$31.34M | -$46.5M | -$38.76M | -$37.79M | -$26.71M | -$28.42M | -$27.04M | -$13.24M | -$27.82M | -$23.3M | -$13.9M | -$15.03M | -$12.66M | $10.89M | $7.37M | $12.16M | $2.02M | $1.05M | $1.8M | $3.19M | $2.4M | $2.7M | $3.2M | $5.2M | $4.7M | $4.7M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 |
| Operating Activities | |||||||||||||||||||||||||||||||||
| Net Income | $18.93M | $17.88M | $30.67M | $8.23M | $3.45M | $8.61M | $13.73M | $10.87M | $5.73M | $2.78M | $7.93M | $6.76M | $9.15M | $9.62M | $6.55M | $6.44M | $6.6M | $7.21M | $11.39M | $7.76M | $5.51M | $6.2M | $4.18M | $2.58M | $2.76M | $2.4M | $1.95M | $1.7M | $1.2M | $1.1M | $900K | $500K | $500K |
| Depreciation & Amortization | $7.62M | $6.69M | $6.58M | $6.19M | $6.92M | $7.41M | $7.2M | $7.03M | $7.29M | $7.42M | $5.68M | $5.52M | $5.47M | $7.73M | $6M | $6.28M | $6.4M | $6.58M | -$5.92M | $4.78M | $2.16M | $2.08M | $1.7M | $1.46M | -$1.31M | -$1.14M | -$819K | -$700K | -$700K | -$700K | -$700K | -$700K | -$800K |
| Deferred Income Tax | $497K | -$320K | -$525K | -$4K | -$650K | -$222K | -$240K | -$365K | -$889K | -$536K | $1.11M | $631K | -$1.43M | -$2.93M | $0 | -$1.46M | $549K | $2.41M | -$128.45M | -$373.91M | -$1.87M | -$155.57M | -$139.65M | -$175.33M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $1.7M | $0 | $0 | $0 | $0 | $0 | $1.19M | $850K | $804K | $521K | $408K | $202K | $382K | $454K | $567K | $310K | $498K | $445K | $125.84M | $372.43M | $256K | $155.39M | $138.75M | $175.33M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||
| Accounts Receivable | $7.7M | -$1.8M | -$10.97M | -$2.12M | -$5.88M | $2.54M | -$414.01B | -$10.16M | $1.37M | -$5.91M | $3.4M | $7.08M | -$6.39M | -$4.09M | $3.71M | -$3.95M | -$2.19M | -$11.46B | -$3.73M | -$572K | $1.15M | -$2.95M | -$83K | -$84K | $166K | -$56K | -$424K | $0 | -$200K | $100K | $0 | $0 | $0 |
| Inventory | $4.24M | -$3.75M | -$891K | -$3.39M | $293K | -$103K | -$1.36M | -$1.13M | -$217K | -$623K | -$733K | -$567K | -$66K | -$923K | -$339K | $211K | -$595K | -$939K | -$855K | -$763K | -$403K | -$83K | -$10K | -$69K | -$165K | $20K | -$24K | -$100K | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$32K | -$2.37M | $3.16M | $6.76M | -$165K | -$482K | -$1.19M | $528K | $409K | -$138K | -$933K | -$986K | $1.99M | $1.46M | $420.6B | -$1.7T | -$1.06B | $2.52M | -$124K | $1.82M | $224K | $1.79M | $231K | $56K | $20K | $368K | $199K | $0 | -$100K | -$100K | -$300K | -$400K | -$300K |
| Other Working Capital | $682K | $19.65M | -$21.97M | $4.65M | $302K | -$630K | $414.01B | -$158K | -$3.08M | $185K | $276K | $450K | -$931K | -$680K | -$420.61B | $1.7T | $1.06B | $11.45B | -$907K | -$337K | -$2.17M | $1.9M | $76K | $210K | -$292K | -$155K | $0 | $0 | $0 | $0 | -$300K | $0 | $0 |
| Total Working Capital Change | $12.59M | $11.74M | -$30.67M | $5.9M | -$5.45M | $1.33M | -$3.14M | -$10.92M | -$1.52M | -$6.49M | $2.01M | $5.98M | -$5.4M | -$4.24M | -$4.1M | -$5.78M | -$3.73M | -$9.23M | -$5.62M | $148K | -$1.2M | $652K | $214K | $114K | -$271K | $177K | -$249K | -$100K | -$300K | $0 | -$600K | -$400K | -$300K |
| Other Non-Cash Items | $377K | $522K | $1.91M | $1.02M | $2.69M | $210K | -$3.54M | $1.57M | $2.23M | $4.13M | $179K | $179K | $565K | $901K | -$570K | $310K | $5.16M | $445K | $11.97M | $372K | $2.96M | -$916K | $1.32M | $175K | $3.01M | $2.48M | $1.65M | $1.4M | $1.6M | $1.4M | $1.8M | $1.9M | $1.9M |
| Net Cash from Operating | $41.71M | $36.52M | $7.97M | $21.33M | $6.97M | $17.34M | $15.2M | $9.05M | $13.64M | $7.82M | $17.32M | $19.28M | $8.74M | $11.54M | $8.45M | $6.1M | $15.47M | $7.86M | $9.21M | $11.57M | $7.82M | $7.83M | $6.51M | $4.33M | $4.19M | $3.92M | $2.53M | $2.3M | $1.8M | $1.8M | $1.4M | $1.3M | $1.3M |
| Investing Activities | |||||||||||||||||||||||||||||||||
| Capital Expenditures | -$8.54M | -$6.7M | -$5.05M | -$7.54M | -$1.49M | -$11.13M | -$3.53M | -$18.86M | -$4.58M | -$3.46M | -$3.11M | -$22.15M | -$6.44M | -$4.57M | -$13.96M | -$1.27M | -$2.56M | -$6.64M | -$7.76M | -$25.89M | -$18.17M | -$2.72M | -$2.16M | -$3.11M | -$1.89M | -$2.3M | -$1.55M | -$2.2M | -$1.1M | -$1.1M | -$2.5M | -$1.3M | -$1.7M |
| Acquisitions | $102K | $446K | -$5.84M | $62K | $46K | $9K | $3.82M | $52K | -$7.74T | -$7.74M | $10K | $970K | $0 | $834K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$19.5M | $0 | $0 | -$3.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | -$50K | $0 | $0 | $0 | $0 | $0 | -$2.66M | $0 | $0 | -$5.64M | -$5M | -$2.13M | -$300K | $0 | $0 | $0 | $0 | $0 | $0 | -$1.63M | -$682K | -$8.96M | $0 | -$12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.64M | $5M | $8.59M | $0 | $1.75M | $0 | $0 | $0 | $0 | $222K | $758K | $888K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $33.26M | $0 | $2.5M | -$2.5M | $0 | $1.19M | $1.45M | $7.74T | $2.79M | $1.69M | $1.25M | $5.39M | $8.95M | -$4.11M | $4.19M | $1.61M | $1.57M | $1.02M | -$777K | $2.46M | $2.48M | $970K | -$461K | $360 | $0 | $4K | -$1M | -$400K | -$400K | $0 | -$300K | -$300K |
| Net Cash from Investing | -$8.44M | $26.96M | -$10.89M | -$4.98M | -$3.94M | -$11.12M | $1.49M | -$17.41M | -$1.44M | -$2.78M | -$2.06M | -$16.34M | -$3.18M | $6.67M | -$18.07M | $2.92M | -$952K | -$5.07M | -$6.51M | -$25.91M | -$16.46M | -$915K | -$29.65M | -$3.57M | -$1.9M | -$6.27M | -$1.54M | -$3.2M | -$1.5M | -$1.5M | -$2.5M | -$1.6M | -$2M |
| Financing Activities | |||||||||||||||||||||||||||||||||
| Debt Repaid | $123K | $187K | $135K | $72K | $50K | $33K | - | - | - | $7M | $2M | -$3.7M | $1.72M | $17.63M | -$5.97M | $2.94M | $1.36M | $1.28M | $1.3M | -$1.4M | -$6.05M | $3.81M | $13.49M | -$1.02M | $282K | $852K | - | $28K | $200K | $1.2M | -$700K | - | -$400K |
| Common Stock Issuance | $74K | $24K | $100K | $27K | $17K | $10K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $41.38M | $6.72M | $432K | $19.04M | $615K | $211K | $5.37M | $591K | $0 | $200K | $2.5M | $500K | $900K | $0 |
| Common Stock Repurchases | -$29K | -$15K | -$2K | -$226 | -$17K | -$2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$37K | -$272K | -$494K | -$759K | -$62K | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$7.94M | -$6.28M | -$5.47M | -$5.15M | -$5.15M | -$5.13M | -$5.1M | -$5.09M | -$4.46M | -$4.43M | -$4.42M | -$4.41M | -$4.39M | -$4.45M | -$4.85M | -$4.37M | -$5M | -$3.78M | -$3.72M | -$3.11M | $0 | -$2.56M | -$1.92M | -$1.67M | -$1.48M | -$1.13M | -$505K | -$458K | -$400K | -$300K | -$200K | -$300K | -$200K |
| Other Financing Activities | -$913K | -$232K | $0 | -$1.1M | -$11K | $0 | $16K | $13K | $0 | $386K | $255K | -$112K | $643K | $135K | $7.5M | $0 | $9K | $0 | $0 | $0 | $1.32M | $0 | $0 | -$494.44M | -$203K | -$320K | -$1.32M | -$177K | $0 | $100K | $0 | $0 | $0 |
| Net Cash from Financing | -$8.95M | -$6.71M | -$5.52M | -$6.3M | -$5.86M | -$5.17M | -$5.12M | -$5.79M | -$4.27M | -$10.58M | -$6.18M | -$845K | -$5.47M | -$21.94M | $1.12M | -$7.32M | -$6.35M | -$5.06M | -$1.48M | $39.69M | $11.37M | -$5.94M | $30.81M | -$709K | -$2.02M | $2.57M | -$2M | $300K | -$400K | $1.1M | $1M | $600K | $200K |
| Forex Effect | $114K | -$37K | $351K | $308K | -$596K | $677K | $0 | $0 | $806M | $806 | -$3K | -$2K | -$363K | -$16K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $900K | -$300K | -$300K | $1.1M | $300K | $700K |
| Net Change in Cash | $24.44M | $56.73M | -$8.09M | $10.35M | -$3.44M | $1.72M | $11.57M | -$14.15M | $7.93M | -$5.54M | $9.08M | $2.09M | -$266K | -$3.73M | -$8.51M | $1.7M | $8.17M | -$2.27M | $1.22M | $25.36M | $2.74M | $980K | $7.67M | $52K | $266K | $229K | -$1.01M | $300K | -$400K | $1.1M | $1M | $600K | $200K |
| Supplementary Data | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | $41.71M | $36.52M | $7.97M | $21.33M | $6.97M | $17.34M | $15.2M | $9.05M | $13.64M | $7.82M | $17.32M | $19.28M | $8.74M | $11.54M | $8.45M | $6.1M | $15.47M | $7.86M | $9.21M | $11.57M | $7.82M | $7.83M | $6.51M | $4.33M | $4.19M | $3.92M | $2.53M | $2.3M | $1.8M | $1.8M | $1.4M | $1.3M | $1.3M |
| Capital Expenditure | -$8.54M | -$6.7M | -$5.05M | -$7.54M | -$1.49M | -$11.13M | -$3.53M | -$18.86M | -$4.58M | -$3.46M | -$3.11M | -$22.15M | -$6.44M | -$4.57M | -$13.96M | -$1.27M | -$2.56M | -$6.64M | -$7.76M | -$25.89M | -$18.17M | -$2.72M | -$2.16M | -$3.11M | -$1.89M | -$2.3M | -$1.55M | -$2.2M | -$1.1M | -$1.1M | -$2.5M | -$1.3M | -$1.7M |
| Free Cash Flow | $33.17M | $29.82M | $2.92M | $13.79M | $5.48M | $6.21M | $11.68M | -$9.81M | $9.07M | $4.36M | $14.21M | -$2.87M | $2.3M | $6.97M | -$5.51M | $4.83M | $12.91M | $1.22M | $1.46M | -$14.31M | -$10.35M | $5.12M | $4.35M | $1.22M | $2.3M | $1.62M | $984K | $100K | $700K | $700K | -$1.1M | $0 | -$400K |
| Cash at Beginning | $99.35M | $42.62M | $50.71M | $40.36M | $43.79M | $42.07M | $31.34M | $45.48M | $39.25M | $44.79M | $35.71M | $33.63M | $33.89M | $37.62M | $46.13M | $44.43M | $36.26M | $38.53M | $37.31M | $11.96M | $9.22M | $8.24M | $568K | $516K | $251K | $22K | $379K | $1M | $1.1M | -$300K | -$200K | -$400K | $100K |
| Cash at End | $123.79M | $99.35M | $42.62M | $50.71M | $40.36M | $43.79M | $42.9M | $31.34M | $47.18M | $39.25M | $44.79M | $35.71M | $33.63M | $33.89M | $37.62M | $46.13M | $44.43M | $36.26M | $38.53M | $37.31M | $11.96M | $9.22M | $8.24M | $568K | $516K | $251K | -$629K | $1.3M | $700K | $800K | $800K | $200K | $300K |