DAWSON GEOPHYSICAL CO (DWSN)
Dawson Geophysical Company (DWSN) specializes in the collection and interpretation of onshore seismic data, operating across both the United States and Canada. They are adept at capturing and analyzing various forms of seismic information—including 2D, 3D, and multi-component datasets—for a diverse clientele. This includes major and independent oil and gas firms, alongside entities that manage multi-client data repositories. Their field teams primarily furnish this geological data to businesses involved in locating and developing petroleum resources, encompassing operations on land and within transitional zones where land meets water. Additionally, Dawson extends its services to the potash mining sector. Established in 1952 and headquartered in Midland, Texas, Dawson Geophysical Company operates as a subsidiary under Wilks Brothers, LLC.
Sector: Oil & Gas Field Exploration Services
Industry: Oil & Gas Equipment & Services
Dawson Geophysical Company
NASDAQ:DWSNEnergy · Oil & Gas Equipment & Services
-0.49%$2.02
AH Close$1.91-5.33%vs close
AH Close$1.91-5.33%vs close
Mkt Cap$62.73M
Float6.03M
O/S31.06M
Inst Own6.4%
SI2.0%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$75.63M
Net Income-$1.94M
Total Assets$56.01M
Free Cash Flow$7.15M
Debt & Equity
Debt 57%
Equity 43%
Total Debt$20.66M
Total Equity$15.81M
Shares Outstanding
Short Interest
Split History1 split
- 1.1:1Forward splitMay 11, 20181 share → 1.1
Balance Sheet Details
Assets$56.01M
Liabilities$40.2M
Accounts Receivable$13.22M
Accounts Payable$9.58M
Inventory$0
PP&E (Net)$257.05M
Goodwill$0
Intangible Assets$364K
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Revenue | $75.63M | $74.15M | $96.85M | $51.63M | $24.7M | $86.1M | $145.77M | $154.16M | $157.15M | $133.33M | $234.69M | $143.94M | $134.53M | $196.32M | $151.03M | $108.32M | $90.43M | $86.77M | $90.4M | $67.76M | $30.85M | $20.08M | $8.47M | $6.26M | $10.1M | $6.46M | $4.6M | $17.07M | $16.31M | $9.34M | $21.82M | $22.9M | $10M |
| YoY Growth | 2.0% | -23.4% | 87.6% | 109.1% | -71.3% | -40.9% | -5.4% | -1.9% | 17.9% | -43.2% | 63.0% | 7.0% | -31.5% | 30.0% | 39.4% | 19.8% | 4.2% | -4.0% | 33.4% | 119.6% | 53.6% | 137.2% | 35.2% | -38.0% | 56.5% | 40.3% | -73.1% | 4.7% | 74.6% | -57.2% | -4.7% | 129.0% | - |
| Cost of Revenue | $68.28M | $68.76M | $95.15M | $58.38M | $12.86M | $17.17M | $21.83M | $29.96M | $39.23M | $44.28M | $47.07M | $101.02M | $132.32M | $160.78M | $104.02M | $85.93M | $65.38M | $55.94M | $60.45M | $40.83M | $18.15M | $15.78M | $6.95M | $7.03M | $10.32M | $5.41M | $3.32M | $13.82M | $14.05M | $8.08M | $19.83M | $18.3M | $7.6M |
| Gross Profit | $7.35M | $5.4M | $1.7M | -$6.75M | $11.83M | $68.93M | $123.95M | $124.2M | $117.91M | $89.05M | $187.61M | $42.92M | $2.21M | $35.53M | $47.01M | $22.39M | $25.05M | $30.83M | $29.95M | $26.93M | $12.7M | $4.31M | $1.52M | -$765K | -$215K | $1.05M | $1.28M | $3.25M | $2.26M | $1.26M | $1.99M | $4.6M | $2.4M |
| Gross Margin | 9.7% | 7.3% | 1.8% | -13.1% | 47.9% | 80.1% | 85.0% | 80.6% | 75.0% | 66.8% | 79.9% | 29.8% | 1.6% | 18.1% | 31.1% | 20.7% | 27.7% | 35.5% | 33.1% | 39.7% | 41.2% | 21.4% | 17.9% | -12.2% | -2.1% | 16.2% | 27.9% | 19.1% | 13.9% | 13.5% | 9.1% | 20.1% | 24.0% |
| Research and Development | $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 |
| Selling, General, and Administrative | $9.01M | $9.95M | $14.77M | $15.46M | $12.05M | $13.92M | $17.17M | $16.29M | $16.19M | $16.82M | $22.73M | $12.15M | $9.59M | $8.76M | $9.63M | $6.89M | $5.52M | $4.47M | $3.86M | $2.99M | $2.15M | $1.31M | $933K | $885K | $916K | $970K | $879K | $1.16M | $921K | $810K | $3.14M | $3.1M | $2.4M |
| Other | $0 | $0 | $0 | $0 | $29.02M | $69M | $123.02M | -$170K | $712K | $3.11M | $1.1M | $42.96M | $0 | $0 | $19.21M | $15.34M | $14.62M | $13.91M | $12.74M | $9.54M | $3.2M | $0 | $0 | $0 | $18K | $1.64M | $1.89M | $0 | $0 | $0 | $701K | $3.9M | $2.8M |
| Total Operating Expenses | $9.01M | $9.95M | $14.77M | $15.46M | $41.06M | $82.92M | $140.19M | $149.22M | $155.35M | $138.48M | $228.29M | $55.11M | $9.59M | $8.76M | $28.84M | $22.24M | $20.14M | $18.38M | $16.61M | $12.53M | $5.35M | $1.31M | $933K | $885K | $934K | $2.61M | $2.76M | $1.16M | $921K | $810K | $3.84M | $3.9M | $2.8M |
| Operating Income (EBIT) | -$1.66M | -$4.55M | -$13.07M | -$22.2M | -$29.23M | -$13.99M | -$16.25M | -$25.03M | -$37.44M | -$49.44M | -$40.68M | -$12.19M | -$7.38M | $26.78M | $18.16M | $148K | $4.91M | $12.45M | $13.34M | $14.4M | $7.35M | $2.99M | $586K | -$1.65M | -$1.15M | -$1.57M | -$1.48M | $2.09M | $1.34M | -$1.4M | -$1.85M | $700K | -$400K |
| Operating Margin | -2.2% | -6.1% | -13.5% | -43.0% | -118.4% | -16.3% | -11.1% | -16.2% | -23.8% | -37.1% | -17.3% | -8.5% | -5.5% | 13.6% | 12.0% | 0.1% | 5.4% | 14.4% | 14.8% | 21.3% | 23.8% | 14.9% | 6.9% | -26.3% | -11.4% | -24.3% | -32.2% | 12.3% | 8.2% | -15.0% | -8.5% | 3.1% | -4.0% |
| Interest Expense | $536K | $159K | $103K | $31K | $21K | $83K | $435K | $408K | $158K | $260K | $609K | $599K | $1.09M | $1.22M | $784K | $790K | $1.02M | $930K | $605K | $781K | $365K | $61K | $9K | $17K | $18K | $142K | $0 | $261K | $0 | $65K | $804K | $600K | $200K |
| Interest Income | $117K | $308K | $576K | $316K | $220K | $402K | $548K | $400K | $306K | $347K | $159K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$271K | $437K | $827K | $3.66M | $113K | $820K | $794K | -$178K | $860K | $1.25M | $648K | $11.72M | -$1.09M | -$1.22M | -$784K | -$790K | -$1.02M | -$930K | -$605K | -$781K | -$365K | -$61K | -$23K | -$45K | $0 | -$142K | -$391K | -$261K | -$202K | $1.79M | -$804K | -$700K | $0 |
| Income Before Tax (EBT) | -$1.94M | -$4.11M | -$12.24M | -$18.54M | -$29.12M | -$13.17M | -$15.45M | -$25.2M | -$36.58M | -$46.24M | -$40.03M | -$12.62M | -$8.47M | $25.56M | $17.38M | -$643K | $3.89M | $11.53M | $12.74M | $13.62M | $6.98M | $0 | $564K | -$1.69M | $0 | -$1.71M | -$1.87M | $1.83M | $1.14M | $389K | -$2.65M | $0 | $0 |
| Income Tax Expense | $6K | $7K | -$96K | $107K | -$26K | $24K | -$239K | -$798K | -$5.31M | -$6.45M | -$13.76M | -$3.87M | -$2.15M | $9.89M | $6.55M | $580K | $2.01M | $4.63M | $5.13M | $5.51M | $784K | $61K | $31K | $62K | $0 | $202K | $593K | $1K | -$170K | $0 | $0 | $0 | $200K |
| Net Income | -$1.94M | -$4.12M | -$12.15M | -$18.64M | -$29.09M | -$13.2M | -$15.21M | -$24.41M | -$31.27M | -$39.79M | -$26.28M | -$8.75M | -$6.32M | $15.67M | $10.83M | -$1.22M | $1.88M | $6.9M | $7.61M | $8.11M | $6.2M | $2.93M | $555K | -$1.71M | -$1.15M | -$1.91M | -$2.07M | $1.83M | $1.31M | -$1.01M | -$2.65M | $0 | -$600K |
| Net Income Margin | -2.6% | -5.6% | -12.5% | -36.1% | -117.8% | -15.3% | -10.4% | -15.8% | -19.9% | -29.8% | -11.2% | -6.1% | -4.7% | 8.0% | 7.2% | -1.1% | 2.1% | 8.0% | 8.4% | 12.0% | 20.1% | 14.6% | 6.6% | -27.3% | -11.4% | -29.6% | -45.1% | 10.7% | 8.0% | -10.9% | -12.2% | - | -6.0% |
| Supplementary Data | |||||||||||||||||||||||||||||||||
| EPS | -0.06 | -0.13 | -0.45 | -0.75 | -1.23 | -0.56 | -0.66 | -1.07 | -1.38 | -1.75 | -1.21 | -1.03 | -0.83 | 2.07 | 1.45 | -0.17 | 0.25 | 0.94 | 1.03 | 1.04 | 1.42 | 0.91 | 0.10 | -0.65 | -0.49 | -0.82 | -0.89 | 0.79 | 0.79 | -0.93 | -2.82 | 0.00 | -0.59 |
| Diluted EPS | -0.06 | -0.13 | -0.45 | -0.75 | -1.23 | -0.56 | -0.66 | -1.07 | -1.37 | -1.75 | -1.21 | -1.03 | -0.83 | 2.04 | 1.43 | -0.17 | 0.25 | 0.94 | 1.03 | 1.04 | 0.91 | 0.49 | 0.08 | -0.65 | -0.49 | -0.82 | -0.89 | 0.78 | 0.55 | -0.93 | -2.82 | 0.00 | -0.59 |
| Weighted Average OS | 31.02M | 30.88M | 26.75M | 24.97M | 23.57M | 23.38M | 23.18M | 22.81M | 22.71M | 22.69M | 21.72M | 8.48M | 7.64M | 7.53M | 7.43M | 7.41M | 7.41M | 7.40M | 7.39M | 7.71M | 4.20M | 2.83M | 2.73M | 2.63M | 2.34M | 2.34M | 2.34M | 2.33M | 1.04M | 1.09M | 942,204 | 1.01M | 1.01M |
| EBITDA | $4.27M | $1.78M | -$3.65M | -$6.68M | -$16.23M | $4.08M | $6.81M | $5.16M | $2.29M | -$1.7M | $7.65M | $5.61B | $17.27M | $52.28M | $37.38M | $15.49M | $19.53M | $26.37M | $26.09M | $23.94M | $10.55M | $4.1M | $1.9M | -$127K | $469K | $77K | $406K | $3.87M | $2.76M | $1.27M | -$469K | $1.5M | -$800K |
| EBITDA Margin | 5.6% | 2.4% | -3.8% | -12.9% | -65.7% | 4.7% | 4.7% | 3.3% | 1.5% | -1.3% | 3.3% | 3894.3% | 12.8% | 26.6% | 24.7% | 14.3% | 21.6% | 30.4% | 28.9% | 35.3% | 34.2% | 20.4% | 22.4% | -2.0% | 4.6% | 1.2% | 8.8% | 22.7% | 16.9% | 13.6% | -2.1% | 6.6% | -8.0% |
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 | $4.91M | $1.39M | $15.77M | $18.6M | $25.38M | $40.95M | $26.27M | $28.73M | $22.01M | $14.62M | $37.01M | $14.64M | $16.13M | $8.61M | $15.75M | $13.07M | $25.5M | $24.11M | $4.5M | $9.39M | $9.5M | $1.83M | $1.03M | $523K | $1.04M | $259K | $1.9M | $703K | $121K | $655K | $140K | $300K | $600K |
| Short-Term Investments | $370K | $0 | $265K | $265K | $265K | $583K | $2.35M | $10.58M | $16.58M | $40.25M | $21M | $28.75M | $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 | $5.28M | $1.39M | $16.04M | $18.87M | $25.64M | $41.54M | $28.62M | $39.31M | $38.6M | $54.87M | $58.01M | $43.39M | $16.13M | $8.61M | $15.75M | $13.07M | $25.5M | $24.11M | $4.5M | $9.39M | $9.5M | $1.83M | $1.03M | $523K | $1.04M | $259K | $1.9M | $703K | $121K | $655K | $140K | $300K | $600K |
| Accounts Receivable | $13.22M | $10.36M | $12.73M | $13.4M | $8.9M | $7.34M | $24.42M | $25.4M | $33.16M | $16.03M | $35.7M | $37.13M | $13.06M | $41.9M | $19.35M | $17.17M | $9.46M | $8.15M | $12.69M | $8.44M | $8.15M | $1.89M | $828K | $695K | $1.26M | $903K | $0 | $1.11M | $2.5M | $887K | $2.39M | $3.1M | $2.3M |
| Inventory | $0 | $391K | $0 | $0 | -$8.9M | $0 | $1.39M | $0 | $0 | $0 | $0 | $6.48M | $2.31M | $6.26M | $1.61M | $5.16M | $475K | $1.94M | $0 | $0 | $0 | $0 | $0 | $0 | $73K | $0 | $0 | $328K | $0 | $77K | $3.52M | $2.8M | $2.5M |
| Other Current Assets | $3.33M | $634K | $1.14M | $9.28M | $16.12M | $5M | $3.61M | $0 | $695K | $0 | $0 | $2.82M | $0 | $0 | $0 | $0 | -$811 | $0 | $0 | $9K | $430K | $0 | $0 | $0 | $20K | $72K | $44K | $347K | $170K | $734K | $0 | $500K | $400K |
| Total Current Assets | $21.84M | $14.54M | $33.11M | $43.83M | $42.86M | $58.59M | $65.62M | $77.03M | $77.11M | $75.73M | $99.86M | $89.05M | $34.9M | $52.34M | $41.8M | $38.22M | $37.03M | $34.21M | $18.01M | $18.53M | $18.39M | $3.84M | $1.96M | $1.32M | $2.39M | $1.23M | $1.94M | $2.29M | $2.93M | $2.35M | $6.58M | $6.7M | $5.8M |
| Long-Term Assets | |||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $257.05M | $15.98M | $19.72M | $24.48M | $30.78M | $44.39M | $60.15M | $71.54M | $86.57M | $110.92M | $147.57M | $157.79M | $63.11M | $89.39M | $57.8M | $49.72M | $47.58M | $50.63M | $42.93M | $37.65M | $22.8M | $5.48M | $795K | $1.62M | $2.97M | $3.96M | $5.06M | $6.98M | $7.61M | $6.52M | $6.19M | $6.3M | $4.4M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$486.51M | -$360.64M | $202K | $202K | $202K | $202K | $202K | $1.41M | $202K | $202K | $202K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $364K | $348K | $377K | $369K | $395K | $393K | $385K | $379K | $494K | $487M | $361M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $800K | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $1.39M | -$379K | -$494K | -$487K | $0 | -$1.43M | $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 | $673K | $0 | $3.02M | $0 | $57K | $293K | $224K | $535K | $0 | $1.15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $48K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | -$223.24M | $0 | $4.32M | $0 | -$3.02M | $0 | $0 | $1.83M | $1.33M | $487K | $0 | $74K | $89K | $97K | $78K | $61K | $192K | $49K | $25K | $21K | $8K | $3K | $5K | $5K | $5K | $395 | $202K | $963 | $35K | $31K | $31K | $100K | $0 |
| Total Long-Term Assets | $34.17M | $16.33M | $25.08M | $24.85M | $31.18M | $44.79M | $61.99M | $73.66M | $88.13M | $111.94M | $147.93M | $157.79M | $63.4M | $89.68M | $58.08M | $49.98M | $49.18M | $50.88M | $43.16M | $37.87M | $22.85M | $5.49M | $799K | $1.62M | $2.98M | $3.96M | $5.27M | $6.98M | $7.64M | $6.55M | $6.22M | $7.2M | $4.4M |
| 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 | $56.01M | $30.87M | $58.19M | $68.67M | $74.04M | $103.38M | $127.61M | $150.69M | $165.24M | $187.67M | $247.79M | $246.84M | $98.3M | $142.03M | $99.88M | $88.2M | $86.21M | $85.09M | $61.16M | $56.4M | $41.25M | $9.32M | $2.76M | $2.94M | $5.37M | $5.2M | $7.21M | $9.27M | $10.57M | $8.91M | $12.8M | $13.9M | $10.2M |
| Liabilities | |||||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||||
| Accounts Payable | $9.58M | $3.38M | $3.88M | $4.14M | $2.58M | $1.6M | $3.95M | $5.43M | $5.93M | $5.62M | $8.4M | $5.85M | $4.1M | $13.68M | $9.26M | $14.75M | $11.2M | $10.35M | $6.27M | $5.37M | $2.19M | $742K | $120K | $199K | $1.07M | $337K | $51K | $576K | $1.41M | $1.48M | $2.7M | $2.2M | $1M |
| Short-Term Debt | $5.14M | $168K | $910K | $205K | $265K | $40K | $5.26M | $6.68M | $2.71M | $2.36M | $8.59M | $6.02M | $9.86M | $10.62M | $5.8M | $6.32M | $6.41M | $5.17M | $4.52M | $4.71M | $4.23M | $1.22M | $111K | $261K | $173K | $249K | $739K | $290K | $0 | $0 | $345K | $900K | $1.1M |
| Current Income Tax Payable | $0 | $2.01M | -$96K | $0 | $0 | $0 | $0 | $0 | $0 | $39K | $21K | $392K | $0 | $4.57M | $2.02M | $0 | $0 | $0 | $0 | $415.5M | $229.73M | $14K | $0 | $0 | $0 | $0 | $0 | $25K | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $7.48M | $1.57M | $11.83M | $0 | $1.34M | $1.78M | $3.48M | $10.5M | $3.7M | $3.15M | $6.15M | $1.75M | $653K | $3.76M | $4.62M | $0 | $0 | $864K | $0 | $1.11M | $597K | $350K | $105K | $122K | $177K | $0 | $0 | $358K | $214K | $425K | -$6.76M | $0 | $0 |
| Other Current Liabilities | $2.47M | $0 | $709K | $7.38M | $1.34M | $0 | $2.4M | $3.64M | $6.31M | $2.94M | $4.58M | $953K | $72K | $3.2M | $2.17M | $388K | $526K | $387K | $0 | $6.42M | $1.6M | $876K | $296K | $874K | $763K | $320K | $60K | $532K | $2.23M | $1.24M | $0 | $1.1M | $1.1M |
| Total Current Liabilities | $26.84M | $9.93M | $22.42M | $16.19M | $7.59M | $7.44M | $18.26M | $27.29M | $17.81M | $15M | $28.81M | $19.79M | $17.2M | $40.13M | $21.95M | $23.94M | $19.73M | $17.24M | $12.52M | $17.35M | $8.44M | $2.98M | $633K | $1.46M | $2.18M | $905K | $851K | $3.16M | $5.17M | $3.64M | $10.79M | $4.2M | $3.2M |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||||
| Long-Term Debt | $9.85M | $0 | $0 | $0 | $0 | $0 | $0 | $6.1M | $5.15M | $0 | $2.11M | $4.21M | $7.38M | $14.41M | $5.33M | $4.72M | $5.88M | $10.85M | $3.09M | $2.05M | $5.45M | $1.52M | $96K | $99K | $105K | $120K | $2.86M | $978K | $0 | $1.03M | $0 | $6.2M | $3.6M |
| Long-Term Unearned Revenue | $0 | $0 | -$15K | $0 | $0 | -$19K | $0 | $0 | $0 | $0 | $0 | -$28.62M | -$7.38M | -$1.88M | -$1.63M | -$1.3M | -$632K | -$600K | -$679K | -$1.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $17K | $16K | $688K | $0 | $20K | $19K | $0 | $134K | $874K | $146K | $5.32M | $28.62M | $4.59M | $7.62M | $7.26M | $5.37M | $7.28M | $5.97M | $1.96M | $942K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $15K | $137K | $0 | $19K | $246K | $150K | $150K | $1.64M | $1.83M | $0 | $0 | $0 | $0 | $0 | -$162K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$978K | $0 | $1.23M | $0 | -$6.2M | -$3.6M |
| Total Long-Term Liabilities | $13.37M | $3.66M | $4.34M | $3.67M | $3.97M | $4.96M | $6.19M | $6.38M | $6.18M | $1.78M | $9.26M | $32.83M | $11.98M | $23.91M | $14.21M | $11.39M | $13.79M | $17.42M | $5.72M | $4.01M | $6.2M | $1.77M | $183K | $128K | $162K | $120K | $2.86M | $978K | $1.66M | $2.25M | $368K | $6.2M | $3.6M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$100K |
| Total Liabilities | $40.2M | $13.59M | $26.76M | $19.87M | $11.56M | $12.4M | $24.44M | $33.67M | $23.99M | $16.78M | $38.07M | $52.62M | $29.17M | $64.04M | $36.16M | $35.34M | $33.52M | $34.66M | $18.24M | $21.36M | $14.64M | $4.75M | $816K | $1.58M | $2.34M | $1.03M | $3.72M | $4.14M | $6.84M | $5.89M | $11.16M | $10.4M | $6.7M |
| 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 | $2.84M | $3.08M | $2.84M | $3.6M | $3.44M | $1.12M | $1.13M | $1.13M | $1.15M | $0 | $0 | $0 |
| Common Stock | $311K | $310K | $308K | $238K | $237K | $235K | $233K | $230K | $218K | $217K | $216K | $2.69M | $221K | $207K | $193K | $192K | $183K | $174K | $166K | $158K | $149K | $61K | $57K | $1.66M | $753K | $708K | $686K | $661K | $657K | $634K | $623K | $0 | $0 |
| Retained Earnings | -$139.56M | -$137.62M | -$123.64M | -$112.47M | -$92.02M | -$62.93M | -$49.73M | -$34.52M | -$2.02M | $29.27M | $69.06M | $95.34M | $41.76M | $48.07M | $35.5M | $24.67M | $25.89M | $24.01M | $17.11M | $9.5M | $1.39M | -$4.81M | -$7.68M | -$8.23M | -$6.52M | -$5.37M | -$3.46M | -$1.39M | -$3.22M | -$4.52M | -$3.51M | -$900K | -$900K |
| Comprehensive Income & Other | -$2.1M | -$2.48M | -$1.91M | $5.62M | -$1.01M | -$1.2M | -$1.57M | -$1.96M | -$780K | -$1.6M | -$1.82M | -$344K | -$3.11M | $822K | $107K | $749K | -$134K | -$49.76M | -$601K | -$822K | -$15.5M | -$13.41M | -$12.31M | -$11.17M | -$9.83M | -$8.31M | -$6.71M | -$4.9M | -$3.26M | -$2.26M | -$3.66M | -$2.5M | -$2.1M |
| Other Stockholders' Equity | $155.06M | $154.59M | $154.77M | $161.03M | $154.26M | $153.67M | $152.66M | $151.3M | $143.06M | $141.4M | $140.44M | $96.19M | $27.15M | $29.7M | $28.03M | $28M | $26.62M | $26.24M | $25.64M | $25.38M | $25.06M | $9.32M | $9.56M | $7.93M | $8.79M | $8.84M | $6.27M | $5.85M | $6.29M | $6.91M | $4.53M | $4.4M | $4.4M |
| Total Equity | $15.81M | $17.28M | $31.43M | $48.8M | $62.48M | $90.97M | $103.17M | $117.02M | $141.25M | $170.88M | $209.72M | $194.22M | $69.13M | $77.99M | $63.72M | $52.86M | $52.69M | $50.43M | $42.92M | $35.04M | $26.61M | $4.57M | $1.94M | $1.36M | $3.03M | $4.17M | $3.49M | $5.13M | $3.73M | $3.02M | $1.64M | $3.5M | $3.5M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $56.01M | $30.87M | $58.19M | $68.67M | $74.04M | $103.38M | $127.61M | $150.69M | $165.24M | $187.67M | $247.79M | $246.84M | $98.3M | $142.03M | $99.88M | $88.2M | $86.21M | $85.09M | $61.16M | $56.4M | $41.25M | $9.32M | $2.76M | $2.94M | $5.37M | $5.2M | $7.21M | $9.27M | $10.57M | $8.91M | $12.8M | $13.9M | $10.2M |
| Supplementary Data | |||||||||||||||||||||||||||||||||
| Total Debt | $20.66M | $5.78M | $6.23M | $4.93M | $5.21M | $6.15M | $12.4M | $12.78M | $7.87M | $2.36M | $10.69M | $10.23M | $7.38M | $16.3M | $6.96M | $6.02M | $6.51M | $17.48M | $8.29M | $7.78M | $10.43M | $2.99M | $294K | $389K | $335K | $369K | $3.6M | $2.67M | $2.99M | $1.52M | $7.48M | $7.1M | $4.7M |
| Net Debt | $15.76M | $4.39M | -$9.54M | -$13.67M | -$20.16M | -$34.81M | -$13.87M | -$15.95M | -$14.15M | -$12.27M | -$26.32M | -$4.42M | -$8.75M | $7.68M | -$8.79M | -$7.05M | -$19M | -$6.63M | $3.79M | -$1.61M | $929K | $1.16M | -$731K | -$134K | -$709K | $110K | $1.71M | $1.97M | $2.87M | $862K | $7.34M | $6.8M | $4.1M |
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 | -$1.94M | -$4.12M | -$12.15M | -$18.64M | -$29.09M | -$13.2M | -$15.21M | -$24.41M | -$31.27M | -$39.79M | -$26.28M | -$8.75M | -$6.32M | $15.67M | $10.83M | -$1.22M | $1.88M | $6.9M | $7.61M | $8.11M | $6.2M | $2.87M | $555K | -$1.71M | -$1.15M | -$1.91M | -$2.07M | $1.83M | $1.31M | $389K | -$2.65M | $0 | -$600K |
| Depreciation & Amortization | $5.67M | $5.74M | $8.49M | $11.83M | $12.86M | $17.17M | $21.83M | $29.96M | $39.23M | $44.28M | $47.07M | $24.38M | $24.64M | $25.5M | $19.21M | $15.34M | $14.62M | $13.91M | $12.74M | $9.54M | $3.2M | $1.11M | $1.31M | $1.52M | $1.62M | $1.64M | $1.89M | $1.78M | $1.43M | $814K | $1.38M | -$800K | -$400K |
| Deferred Income Tax | $0 | $1K | -$121K | $116K | $1K | $10K | -$23K | -$757K | $763K | -$6.05M | -$14.05M | -$5.52M | -$3.31M | $360K | $2.47M | $147K | $718K | $4.02M | $1.02M | $1.08M | $0 | $0 | $0 | $0 | $0 | $202K | $0 | -$32K | -$170K | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $130K | $0 | $0 | $0 | $479K | $703K | $1.21M | $1.37M | $976K | $879K | $1.16M | $995K | $973K | $601K | $0 | $508K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||
| Accounts Receivable | $830K | $2.54M | -$2.77M | -$145K | -$1.27M | $16.87M | $1.12M | $6.74M | -$16.7M | $19.67M | $15.88M | $4.48M | $24.09M | -$16.02M | -$2.44M | -$7.38M | -$2.35M | $6.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$500K | -$1.7M |
| Inventory | $0 | $0 | $0 | $0 | -$168K | -$625K | $0 | -$3.44M | $1.86M | -$482K | -$2.83M | $2.11M | -$3.93M | $7.11M | $1.31M | -$4.12M | $6.64M | -$16.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$723K | $200K | -$200K |
| Accounts Payable | $6.14M | -$128K | $138K | $802K | $983K | -$2.28M | -$579K | -$798K | $1.18M | -$4.33M | -$3.13M | -$1.69M | -$9.44M | $4.33M | $2.76M | $1.94M | -$1.12M | $1.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.1M | $700K |
| Other Working Capital | $2.47M | -$7.09M | $6.08M | $829K | -$435K | -$1.7M | $169K | $4.19M | $544K | -$2.99M | $620K | $2.83M | -$3.06M | $2.8M | -$18K | -$27K | $17K | $16.97M | -$6.91M | $9.7M | -$3.54M | $171K | -$811K | -$260K | $973K | -$295K | $211K | -$1.32M | -$9K | $1.14M | $1.77M | -$300K | $600K |
| Total Working Capital Change | $9.44M | -$4.67M | $3.45M | $1.49M | -$892K | $12.26M | $708K | $6.69M | -$13.12M | $11.87M | $10.55M | $7.74M | $7.65M | -$1.78M | $1.61M | -$9.58M | $3.19M | $8.6M | -$6.91M | $9.7M | -$3.54M | $171K | -$811K | -$260K | $973K | -$295K | $211K | -$1.32M | -$9K | $1.14M | $1.05M | $500K | -$600K |
| Other Non-Cash Items | $674K | $1.19M | $1.14M | $1.94M | $590K | $2.69M | $976K | $16K | -$3.29M | -$2.44M | $2.16M | -$811K | -$676K | -$1.07M | $11.32M | -$40K | $513K | $605K | $505K | $306K | -$123K | $20K | $9K | $45K | -$6K | -$23K | $381K | $4K | -$126K | -$354K | $398K | $1.6M | $1.5M |
| Net Cash from Operating | $13.98M | -$1.87M | $814K | -$3.27M | -$16.05M | $19.64M | $9.48M | $12.87M | -$6.7M | $8.74M | $20.61M | $18.03M | $22.97M | $39.28M | $34.17M | $5.16M | $20.7M | $33.86M | $14.84M | $28.68M | $5.74M | $4.17M | $1.07M | -$404K | $1.44M | -$384K | $404K | $2.26M | $2.43M | $1.99M | $172K | $1.3M | -$100K |
| Investing Activities | |||||||||||||||||||||||||||||||||
| Capital Expenditures | -$6.83M | -$1.86M | -$3.72M | -$1.43M | -$505K | -$2.85M | -$4.4M | -$15.74M | -$8.68M | -$8.25M | -$6.85M | -$3.81M | -$1.85M | -$31.97M | -$22.01M | -$8.22M | -$1.35M | -$6.32M | -$13.01M | -$21.22M | -$11.49M | -$2.64M | -$315K | -$70K | -$251K | -$543K | -$9K | -$376K | -$1.69M | -$3.2M | -$1.11M | -$3.6M | -$2.9M |
| Acquisitions | $0 | $0 | $0 | $0 | $451K | $2.85M | $0 | $15.74M | -$7.77M | -$1.55B | $12.38M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$370K | $0 | -$1M | $0 | -$451K | -$583K | -$24.84M | -$49M | -$37.58M | -$111M | -$26.75M | $0 | $0 | $0 | $0 | $0 | -$10.35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $265K | $0 | $0 | $318K | $2.35M | $33.08M | $55M | $61.25M | $91.75M | $34.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $46K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $468K | $865K | $217K | $340K | $451K | -$2.28M | $348K | -$14.6M | $9.56M | $1.56B | $2.5M | -$776K | $1.18M | $1.7M | $741K | $164K | $753K | $244K | $346K | $130K | $134K | $1K | $19K | $0 | $6K | $23K | $0 | $3K | $214K | $27K | $210K | $0 | $0 |
| Net Cash from Investing | -$6.73M | -$735K | -$4.5M | -$1.09M | $264K | -$512K | $4.18M | -$8.6M | $16.79M | -$22.73M | $15.79M | -$4.59M | -$667K | -$30.27M | -$21.27M | -$8.06M | -$10.94M | -$6.08M | -$12.66M | -$22.89M | -$11.36M | -$2.64M | -$296K | -$70K | -$245K | -$521K | $37K | -$373K | -$1.47M | -$3.17M | -$895K | -$3.6M | -$2.9M |
| Financing Activities | |||||||||||||||||||||||||||||||||
| Debt Repaid | $3.6M | $1.63M | $1.15M | $1.3M | -$170K | $4.46M | $11.02M | -$2.64M | $3.26M | $8.33M | $12.74M | $11.75M | $8.65M | $13.42M | $10.35M | $9.55M | $1.08M | $1.38M | $6.83M | $5.93M | $2.55M | $461K | $269K | $46K | $410K | $735K | -$932K | $1.39M | -$181K | -$126K | -$846K | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $113K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $29K | $21K | $40.11M | $27K | $0 | $0 | $4K | $0 | $0 | $0 | $0 | $0 | $560K | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | -$75K | -$70K | $0 | -$121K | -$158K | -$72K | -$316K | $0 | $0 | $0 | -$71 | $0 | $0 | $0 | -$263K | $0 | -$24.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | -$9.86M | $0 | $0 | $0 | $0 | $0 | -$1K | $0 | $0 | $0 | -$646K | -$939 | -$3.1M | $0 | -$431 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$178K | -$226K | -$686K | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$83K | -$76K | -$3.06M | -$963K | $0 | $0 | -$236K | -$121K | -$158K | -$149K | -$551K | -$12.27M | $416K | $377K | $182K | $0 | $10K | $3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18K | -$985K | -$3.35M | -$814K | $1.9M | $3.6M |
| Net Cash from Financing | -$3.68M | -$11.56M | -$4.2M | -$2.15M | $95K | -$4.53M | -$11.26M | $2.52M | -$3.42M | -$8.48M | -$13.61M | -$12.4M | -$15M | -$16.14M | -$10.17M | -$9.55M | -$8.37M | -$8.17M | -$7.06M | -$5.91M | $13.29M | -$724K | -$269K | -$46K | -$406K | -$735K | $754K | -$1.3M | -$1.49M | $1.72M | $592K | $1.9M | $3.6M |
| Forex Effect | -$39K | -$223K | $63K | -$265K | $112K | $89K | $133K | -$76K | $724K | $85K | -$428K | -$213K | $211K | -$8K | -$57K | $14K | $1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $3.52M | -$14.39M | -$7.83M | -$6.77M | -$15.58M | $14.68M | $2.54M | $6.72M | $7.39M | -$22.39M | $22.36M | -$1.49M | $7.52M | -$7.13M | $2.67M | -$12.43M | $1.39M | $19.61M | -$4.88M | -$111K | $7.67M | $805K | $502K | -$521K | $785K | -$1.64M | $1.2M | $582K | -$535K | $540K | -$131K | -$400K | $600K |
| Supplementary Data | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | $13.98M | -$1.87M | $814K | -$3.27M | -$16.05M | $19.64M | $9.48M | $12.87M | -$6.7M | $8.74M | $20.61M | $18.03M | $22.97M | $39.28M | $34.17M | $5.16M | $20.7M | $33.86M | $14.84M | $28.68M | $5.74M | $4.17M | $1.07M | -$404K | $1.44M | -$384K | $404K | $2.26M | $2.43M | $1.99M | $172K | $1.3M | -$100K |
| Capital Expenditure | -$6.83M | -$1.86M | -$3.72M | -$1.43M | -$505K | -$2.85M | -$4.4M | -$15.74M | -$8.68M | -$8.25M | -$6.85M | -$3.81M | -$1.85M | -$31.97M | -$22.01M | -$8.22M | -$1.35M | -$6.32M | -$13.01M | -$21.22M | -$11.49M | -$2.64M | -$315K | -$70K | -$251K | -$543K | -$9K | -$376K | -$1.69M | -$3.2M | -$1.11M | -$3.6M | -$2.9M |
| Free Cash Flow | $7.15M | -$3.73M | -$2.91M | -$4.7M | -$16.55M | $16.79M | $5.08M | -$2.87M | -$15.38M | $491K | $13.77M | $14.21M | $21.12M | $7.31M | $12.16M | -$3.06M | $19.35M | $27.54M | $1.83M | $7.47M | -$5.75M | $1.53M | $752K | -$474K | $1.19M | -$927K | $395K | $1.88M | $741K | -$1.21M | -$933K | -$2.3M | -$3M |
| Cash at Beginning | $1.39M | $15.77M | $23.6M | $30.38M | $45.95M | $31.27M | $28.73M | $22.01M | $14.62M | $37.01M | $14.64M | $16.13M | $8.61M | $15.75M | $13.07M | $25.5M | $24.11M | $4.5M | $9.39M | $9.5M | $1.83M | $1.03M | $523K | $1.04M | $259K | $1.9M | $703K | $121K | $655K | $115K | $271K | $600K | $100K |
| Cash at End | $4.91M | $1.39M | $15.77M | $23.6M | $30.38M | $45.95M | $31.27M | $28.73M | $22.01M | $14.62M | $37.01M | $14.64M | $16.13M | $8.61M | $15.75M | $13.07M | $25.5M | $24.11M | $4.5M | $9.39M | $9.5M | $1.83M | $1.03M | $523K | $1.04M | $259K | $1.9M | $703K | $121K | $655K | $140K | $200K | $700K |