NATURAL ALTERNATIVES INTERNATIONAL INC (NAII)
Natural Alternatives International, Inc. (NAII) is a company dedicated to the global development, manufacturing, and marketing of nutritional supplements, with operations spanning the United States, Europe, Asia, and other international territories. The company functions through two main divisions: Private-Label Contract Manufacturing and Patent and Trademark Licensing. Through its contract manufacturing segment, NAII provides tailored production services to businesses that market and distribute a range of health-related products, including vitamins, minerals, herbal remedies, and other dietary supplements. NAII also offers extensive strategic partnering support, which encompasses a broad spectrum of services. These include research and development (such as customized product formulation, scientific research, and proprietary ingredients), clinical studies, manufacturing, marketing assistance, adherence to international regulatory and labeling laws, global product registration, diverse packaging and labeling design, product testing, evaluation, and overall regulatory review. Furthermore, the company markets its own proprietary beta-alanine ingredient, available under the brand names CarnoSyn and SR CarnoSyn. NAII produces its supplements in various formats, including capsules, tablets, chewable wafers, and powders. Its private-label manufacturing clients primarily consist of companies distributing nutritional supplements through direct sales networks, direct-to-consumer e-commerce platforms, and traditional retail stores. Natural Alternatives International, Inc. was established in 1980 and is based in Carlsbad, California.
Sector: Medicinal Chemicals & Botanical Products
Industry: Packaged Foods
Natural Alternatives International, Inc.
NASDAQ:NAIIConsumer Defensive · Packaged Foods
-4.96%$1.15
AH Close$1.15+0.00%vs close
AH Close$1.15+0.00%vs close
Mkt Cap$7.2M
Float4.97M
O/S6.26M
Inst Own36.3%
SI0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$141.35M
Net Income-$20.7M
Total Assets$126.45M
Free Cash Flow-$12.62M
Debt & Equity
Debt 50%
Equity 50%
Total Debt$49.97M
Total Equity$49.96M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in NAII's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$126.45M
Liabilities$76.49M
Accounts Receivable$20.65M
Accounts Payable$18.15M
Inventory$30.75M
PP&E (Net)$59.67M
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 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 | FY 1989 | FY 1988 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | USD | USD | USD | USD |
| 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 | 2003-06-30 | 2002-06-30 | 2001-06-30 | 2000-06-30 | 1999-06-30 | 1998-06-30 | 1997-06-30 | 1996-06-30 | 1995-06-30 | 1994-06-30 | 1993-06-30 | 1992-06-30 | 1991-06-30 | 1990-06-30 | 1989-06-30 |
| Revenue | $141.35M | $129.86M | $113.8M | $154.01M | $170.97M | $178.52M | $118.88M | $138.29M | $132.44M | $121.95M | $114.2M | $79.51M | $73.94M | $62.8M | $72.82M | $55.88M | $65.55M | $73.92M | $81.75M | $97.13M | $99.13M | $91.49M | $78.53M | $55.96M | $50.04M | $42.16M | $47.83M | $57.4M | $67.9M | $49.4M | $47.6M | $37.4M | $34.3M | $19.4M | $14.5M | $10.4M | $11.9M | $7.3M |
| YoY Growth | 8.9% | 14.1% | -26.1% | -9.9% | -4.2% | 50.2% | -14.0% | 4.4% | 8.6% | 6.8% | 43.6% | 7.5% | 17.7% | -13.8% | 30.3% | -14.8% | -11.3% | -9.6% | -15.8% | -2.0% | 8.3% | 16.5% | 40.3% | 11.8% | 18.7% | -11.9% | -16.7% | -15.5% | 37.4% | 3.8% | 27.3% | 9.0% | 76.8% | 33.8% | 39.4% | -12.6% | 63.0% | - |
| Cost of Revenue | $133.52M | $120.57M | $106.93M | $135.86M | $140.46M | $148.08M | $100M | $114.72M | $106.12M | $95.74M | $88.94M | $65.17M | $61.2M | $51.05M | $57.37M | $45.25M | $54.7M | $64.51M | $68.84M | $75.84M | $76.75M | $73.09M | $59.96M | $42.78M | $39.07M | $33.97M | $39.32M | $43.4M | $47.7M | $37.7M | $34.1M | $26.5M | $23.9M | $13.7M | $9.8M | $7.3M | $8.1M | $4.7M |
| Gross Profit | $7.83M | $9.29M | $6.87M | $18.16M | $30.51M | $30.44M | $18.87M | $23.57M | $26.32M | $26.2M | $25.26M | $14.34M | $12.74M | $11.75M | $15.45M | $10.63M | $10.85M | $9.4M | $12.91M | $21.29M | $22.38M | $18.4M | $18.57M | $13.18M | $10.97M | $8.19M | $8.51M | $14M | $20.2M | $11.7M | $13.5M | $10.9M | $10.4M | $5.7M | $4.7M | $3.1M | $3.8M | $2.6M |
| Gross Margin | 5.5% | 7.2% | 6.0% | 11.8% | 17.8% | 17.1% | 15.9% | 17.0% | 19.9% | 21.5% | 22.1% | 18.0% | 17.2% | 18.7% | 21.2% | 19.0% | 16.6% | 12.7% | 15.8% | 21.9% | 22.6% | 20.1% | 23.6% | 23.6% | 21.9% | 19.4% | 17.8% | 24.4% | 29.7% | 23.7% | 28.4% | 29.1% | 30.3% | 29.4% | 32.4% | 29.8% | 31.9% | 35.6% |
| Research and Development | $2.3M | $1.8M | $1.9M | $2.1M | $2.5M | $1.9M | $1.8M | $1.8M | $1.5M | $1.6M | $1.1M | $1.1M | $1M | $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 | $17.3M | $16.55M | $15.4M | $14.87M | $16.95M | $16.77M | $18.38M | $17.61M | $16.79M | $16.5M | $13M | $10.18M | $9.96M | $9.6M | $9.25M | $8.3M | $7.58M | $9.01M | $11.84M | $18.97M | $17.76M | $14.61M | $15.19M | $12.01M | $10.68M | $8.85M | $11.05M | $17.3M | $9.1M | $8.6M | $7.2M | $6.2M | $6.1M | $3.6M | $2.8M | $2.2M | $1.5M | $1.6M |
| Other | -$2.7M | -$400K | -$1.9M | -$3.52M | -$2.62M | -$1.9M | $200K | $5K | -$14K | -$19K | $1.61M | -$3K | -$103K | $0 | $0 | $0 | $0 | $0 | $0 | $7.04M | $0 | $0 | $0 | $0 | $0 | $1.54M | $2.18M | $1.6M | $1.5M | $1.3M | $1.1M | $1.1M | $800K | $500K | $500K | $400K | $300K | $200K |
| Total Operating Expenses | $16.9M | $17.95M | $15.4M | $13.45M | $16.83M | $16.77M | $20.38M | $17.61M | $16.79M | $16.5M | $13M | $10.18M | $9.96M | $9.6M | $9.25M | $8.3M | $7.58M | $9.01M | $11.84M | $26M | $17.76M | $14.61M | $15.19M | $12.01M | $10.68M | $10.39M | $13.23M | $18.9M | $10.6M | $9.9M | $8.3M | $7.3M | $6.9M | $4.1M | $3.3M | $2.6M | $1.8M | $1.8M |
| Operating Income (EBIT) | -$9.06M | -$8.66M | -$8.53M | $4.71M | $13.68M | $13.67M | -$1.51M | $5.96M | $9.53M | $9.7M | $12.26M | $4.16M | $2.78M | $2.15M | $6.2M | $2.33M | $3.27M | $397K | $1.07M | -$4.72M | $4.62M | $3.79M | $3.38M | $1.17M | $285K | -$2.2M | -$4.72M | -$4.9M | $9.6M | $1.8M | $5.2M | $3.6M | $3.5M | $1.6M | $1.4M | $500K | $2M | $800K |
| Operating Margin | -6.4% | -6.7% | -7.5% | 3.1% | 8.0% | 7.7% | -1.3% | 4.3% | 7.2% | 8.0% | 10.7% | 5.2% | 3.8% | 3.4% | 8.5% | 4.2% | 5.0% | 0.5% | 1.3% | -4.9% | 4.7% | 4.1% | 4.3% | 2.1% | 0.6% | -5.2% | -9.9% | -8.5% | 14.1% | 3.6% | 10.9% | 9.6% | 10.2% | 8.2% | 9.7% | 4.8% | 16.8% | 11.0% |
| Interest Expense | $1.19M | $915K | $361K | $451K | $83K | $118K | $67K | $29K | $9K | $3K | $0 | $12K | $11K | $19K | $105K | $58K | $109K | $210K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $50K | $168K | $176K | $33K | $0 | $1K | $177K | $1.87M | $1.08M | $459K | $131K | $36K | $34K | $45K | $19K | $17K | $15K | $14K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$11.2M | -$2.08M | -$930K | -$1.16M | -$20K | -$1.55M | -$229K | $1.99M | $1.08M | $409K | $1.31M | $148K | -$109K | -$60K | $42K | $25K | -$245K | -$524K | $102K | -$8.93M | -$507K | -$383K | -$358K | -$17K | $2.95M | -$315K | -$2.18M | $100K | $100K | $0 | $0 | $0 | -$300K | $100K | -$100K | $0 | -$100K | -$200K |
| Income Before Tax (EBT) | -$20.27M | -$10.74M | -$9.46M | $3.56M | $13.66M | $12.13M | -$1.74M | $7.95M | $10.61M | $10.11M | $13.57M | $4.31M | $2.67M | $2.09M | $6.24M | $2.28M | $3.03M | -$127K | $1.18M | -$5.17M | $4.11M | $3.41M | $3.02M | $1.15M | $3.24M | -$2.52M | -$6.9M | -$4.8M | $9.7M | $1.8M | $5.2M | $3.6M | $3.2M | $1.7M | $1.3M | $500K | $1.9M | $600K |
| Income Tax Expense | $430K | $2.83M | -$2.25M | $1.03M | $2.95M | $1.36M | -$93K | $1.41M | $5.56M | $2.88M | $4.03M | $961K | $674K | $523K | $2.08M | -$2.74M | -$943K | $93K | $264K | $119K | $1.44M | $1.21M | $24K | $47K | -$642K | $2.37M | -$2.43M | -$1.9M | $3.8M | $700K | $2M | $1.6M | $1.3M | $700K | $500K | $200K | $800K | $200K |
| Net Income | -$20.7M | -$13.57M | -$7.22M | $2.52M | $10.71M | $10.77M | -$1.65M | $6.54M | $5.05M | $7.24M | $9.55M | $3.35M | $1.99M | $1.57M | $4.16M | $5.09M | $4.13M | -$4.08M | -$371K | -$5.29M | $2.67M | $2.2M | $3M | $1.1M | $3.88M | -$4.89M | -$4.47M | -$2.9M | $5.9M | $1.1M | $3.2M | $2M | $1.9M | $1M | $800K | $300K | $1.1M | $400K |
| Net Income Margin | -14.6% | -10.5% | -6.3% | 1.6% | 6.3% | 6.0% | -1.4% | 4.7% | 3.8% | 5.9% | 8.4% | 4.2% | 2.7% | 2.5% | 5.7% | 9.1% | 6.3% | -5.5% | -0.5% | -5.4% | 2.7% | 2.4% | 3.8% | 2.0% | 7.8% | -11.6% | -9.4% | -5.1% | 8.7% | 2.2% | 6.7% | 5.3% | 5.5% | 5.2% | 5.5% | 2.9% | 9.2% | 5.5% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||
| EPS | -3.43 | -2.28 | -1.23 | 0.43 | 1.75 | 1.71 | -0.25 | 0.96 | 0.76 | 1.10 | 1.46 | 0.50 | 0.29 | 0.23 | 0.60 | 0.72 | 0.58 | -0.58 | -0.05 | -0.77 | 0.42 | 0.37 | 0.51 | 0.19 | 0.67 | -0.85 | -0.78 | -0.49 | 1.06 | 0.21 | 0.58 | 0.39 | 0.39 | 0.21 | 0.18 | 0.07 | 0.30 | 0.00 |
| Diluted EPS | -3.43 | -2.28 | -1.23 | 0.43 | 1.74 | 1.69 | -0.25 | 0.92 | 0.73 | 1.09 | 1.44 | 0.49 | 0.29 | 0.23 | 0.59 | 0.71 | 0.58 | -0.58 | -0.05 | -0.74 | 0.39 | 0.34 | 0.48 | 0.18 | 0.67 | -0.85 | -0.78 | -0.49 | 1.00 | 0.20 | 0.58 | 0.37 | 0.35 | 0.21 | 0.18 | 0.07 | 0.30 | 0.00 |
| Weighted Average OS | 6.03M | 5.95M | 5.87M | 5.86M | 6.12M | 6.29M | 6.70M | 6.81M | 6.64M | 6.58M | 6.52M | 6.75M | 6.82M | 6.87M | 6.98M | 7.11M | 7.08M | 7.06M | 6.98M | 6.84M | 6.34M | 5.95M | 5.84M | 5.81M | 5.79M | 5.77M | 5.76M | 5.87M | 5.57M | 5.35M | 5.52M | 5.13M | 4.87M | 4.76M | 4.44M | 4.29M | 3.67M | 192.33M |
| EBITDA | -$4.35M | -$2.7M | -$4.46M | $8.26M | $17.91M | $16.58M | $4.45M | $11.83M | $15.34M | $16.29M | $16.03M | $6.74M | $7.88M | $5.15M | $9.26M | $5.5M | $6.48M | $3.23M | $4.03M | $6.87M | $7.76M | $6.35M | $6.06M | $1.17M | $2.69M | $283K | -$2.54M | -$3.3M | $11.1M | $3.1M | $6.3M | $4.7M | $4.3M | $2.1M | $1.9M | $900K | $2.3M | $1M |
| EBITDA Margin | -3.1% | -2.1% | -3.9% | 5.4% | 10.5% | 9.3% | 3.7% | 8.6% | 11.6% | 13.4% | 14.0% | 8.5% | 10.7% | 8.2% | 12.7% | 9.8% | 9.9% | 4.4% | 4.9% | 7.1% | 7.8% | 6.9% | 7.7% | 2.1% | 5.4% | 0.7% | -5.3% | -5.7% | 16.3% | 6.3% | 13.2% | 12.6% | 12.5% | 10.8% | 13.1% | 8.7% | 19.3% | 13.7% |
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 | FY 1992 | FY 1991 | FY 1990 | FY 1989 | FY 1988 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | USD | USD | USD | USD |
| 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 | 2003-06-30 | 2002-06-30 | 2001-06-30 | 2000-06-30 | 1999-06-30 | 1998-06-30 | 1997-06-30 | 1996-06-30 | 1995-06-30 | 1994-06-30 | 1993-06-30 | 1992-06-30 | 1991-06-30 | 1990-06-30 | 1989-06-30 |
| Assets | ||||||||||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $7.39M | $12.32M | $11.98M | $13.6M | $21.83M | $32.13M | $30.48M | $25.04M | $23.61M | $27.84M | $19.75M | $18.55M | $19.51M | $16.7M | $14.48M | $15.46M | $8.55M | $4M | $3.52M | $4.88M | $2.16M | $1.92M | $7.5M | $5.48M | $640K | $499K | $815K | $1.1M | $4.7M | $3.5M | $1.9M | $2.5M | $800K | $1.1M | $1.2M | $500K | $700K | $300K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $699K | $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 | $7.39M | $12.32M | $11.98M | $13.6M | $21.83M | $32.13M | $30.48M | $25.04M | $23.61M | $27.84M | $19.75M | $18.55M | $19.51M | $16.7M | $14.48M | $15.46M | $8.55M | $4.69M | $3.52M | $4.88M | $2.16M | $1.92M | $7.5M | $5.48M | $640K | $499K | $815K | $1.1M | $4.7M | $3.5M | $1.9M | $2.5M | $800K | $1.1M | $1.2M | $500K | $700K | $300K |
| Accounts Receivable | $20.65M | $14.92M | $16.89M | $7.33M | $17.49M | $19.04M | $17.85M | $16.86M | $14.62M | $8.67M | $13.23M | $10.21M | $7.06M | $6.76M | $9.11M | $3.29M | $5.77M | $5.69M | $7.75M | $5.49M | $12.84M | $10.83M | $8.89M | $5.67M | $3.54M | $3.33M | $6.41M | $7.5M | $13M | $7M | $6M | $5.6M | $5.9M | $2.3M | $1.6M | $1.5M | $1.5M | $1.2M |
| Inventory | $30.75M | $24.87M | $24.25M | $29.69M | $32.48M | $27.01M | $27.97M | $26M | $23.57M | $13.73M | $20.77M | $12.56M | $12.84M | $10.04M | $8.36M | $6.5M | $7.31M | $9.32M | $14.13M | $14.1M | $17.05M | $12.99M | $12.86M | $7.84M | $7.87M | $6.2M | $7.63M | $9.9M | $11.5M | $5.7M | $6.4M | $5.2M | $3.5M | $1.7M | $1.6M | $1M | $1M | $500K |
| Other Current Assets | $6.64M | $7.16M | $492K | $6.38M | $3.14M | $0 | $450K | $1.98M | $1.55M | $0 | $0 | $367K | $344K | $609K | $699K | $1.64M | $205K | $1.19M | $7.73M | $3.99M | $2.98M | $1.43M | $1.64M | $766K | $2.53M | $525K | $2.01M | $4.7M | $2.3M | $2.7M | $1.4M | $1.4M | $1.7M | $700K | $500K | $200K | $100K | $200K |
| Total Current Assets | $65.43M | $59.28M | $61.61M | $57.01M | $76.75M | $80.35M | $79.02M | $71.39M | $65.18M | $51.7M | $55.88M | $43.6M | $40.9M | $35.32M | $34.52M | $27.83M | $22.98M | $22.15M | $33.76M | $27.88M | $35.02M | $27.17M | $30.89M | $19.76M | $14.85M | $11.04M | $17.46M | $23.2M | $31.5M | $18.9M | $15.7M | $14.7M | $11.9M | $5.8M | $4.9M | $3.2M | $3.3M | $2.2M |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $59.67M | $91.94M | $95.75M | $74.21M | $66.27M | $38.15M | $39.88M | $21.09M | $19.29M | $18.14M | $15.17M | $7.63M | $8.81M | $9.21M | $10.65M | $11.41M | $12.97M | $14.13M | $12.82M | $15.06M | $15.94M | $16.51M | $11.38M | $10.82M | $12.44M | $13.48M | $15.04M | $12.3M | $10.5M | $8.3M | $7.3M | $5.8M | $5M | $3.7M | $2.3M | $2.1M | $1.4M | $900K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $458K | $7.24M | $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 | $3.81M | $4.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $200K | $100K | $0 |
| Long-Term Investments | $0 | $0 | $78K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.44M | -$1.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $355K | $0 | $214K | $196K | $1.02M | $532K | $2M | $2.23M | $1.66M | $1.59M | $1.53M | $1.47M | $1.39M | $0 | $0 | $271K | $1.44M | $1.06M | $276K | $1.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.34M | $719K | $4.91M | $2.58M | $2.98M | $1.57M | $1.11M | $1K | $202K | $774K | $899K | $920K | $951K | $585K | $560K | $517K | $195K | $159K | $160K | $169K | $182K | $185K | -$812K | $143K | $219K | $553K | $2.38M | $3.1M | $1M | $500K | $600K | $700K | $600K | $1M | $800K | $300K | $500K | $0 |
| Total Long-Term Assets | $61.01M | $92.66M | $100.73M | $77.14M | $69.26M | $39.93M | $41.18M | $22.1M | $20.02M | $20.91M | $18.29M | $10.22M | $11.36M | $11.32M | $12.68M | $13.32M | $13.16M | $14.29M | $13.25M | $19.5M | $27.43M | $16.97M | $11.58M | $10.96M | $12.66M | $14.03M | $17.42M | $15.4M | $11.5M | $8.8M | $7.9M | $6.5M | $5.6M | $4.7M | $3.1M | $2.6M | $2M | $900K |
| 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 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $126.45M | $151.94M | $162.34M | $134.15M | $146M | $120.28M | $120.2M | $93.49M | $85.21M | $72.61M | $74.17M | $53.82M | $52.26M | $46.64M | $47.2M | $41.14M | $36.15M | $36.44M | $47.01M | $47.38M | $62.45M | $44.14M | $42.47M | $30.72M | $27.51M | $25.07M | $34.88M | $38.6M | $43M | $27.7M | $23.6M | $21.2M | $17.5M | $10.5M | $8M | $5.8M | $5.3M | $3.1M |
| Liabilities | ||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $18.15M | $15.35M | $12.74M | $7.78M | $16.18M | $11.89M | $12.51M | $8.63M | $9.65M | $5.12M | $12.82M | $4.65M | $6.42M | $3.54M | $3.92M | $2.23M | $2.05M | $4.33M | $7.25M | $6.07M | $5.22M | $7.97M | $7.57M | $5M | $4.11M | $4.15M | $4.42M | $8.3M | $12.3M | $6.8M | $3.7M | $5M | $4.5M | $2.4M | $1.3M | $1.4M | $0 | $0 |
| Short-Term Debt | $11.2M | $2.21M | $3.7M | $312K | $302K | $0 | $10M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $669K | $2.73M | $1.82M | $11.34M | $861K | $831K | $570K | $587K | $1.13M | $5.03M | $100K | $100K | $200K | $300K | $200K | $600K | $100K | $100K | $500K | $300K | $400K |
| Current Income Tax Payable | $0 | $411K | $505K | $374K | $174K | $619K | $1.01M | $1.22M | $787K | $1.21M | $1.34M | $489K | $379K | $466K | $328K | $472K | $289K | $490K | $409K | $270K | $1.06M | $3.41M | $320K | $46K | $131K | $72K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $1.32M | $1.36M | $302K | $317K | $140K | $1.72M | $62K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.65M | $2.38M | $3.24M | $4.23M | $3.27M | $4.7M | $1.82M | $482K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $7.05M | $4.14M | $2.18M | $2.25M | $3.67M | $5.4M | $1.01M | $1.22M | $787K | $1.21M | $1.34M | $489K | $379K | $1.13M | $1.26M | $1.23M | $928K | $1.6M | $3.93M | $2.53M | $2.27M | $1.92M | $2.08M | $46K | -$2.76M | $392K | $405K | $700K | $800K | $400K | $700K | $1.3M | $200K | $200K | $100K | $100K | $2M | $700K |
| Total Current Liabilities | $37.72M | $28.8M | $23.46M | $15.88M | $23.89M | $22.07M | $27.81M | $14.25M | $14.28M | $10.27M | $19.2M | $9.09M | $9.6M | $5.94M | $6.84M | $4.95M | $4.63M | $8.25M | $15.65M | $11.67M | $21.85M | $12.77M | $13.42M | $7.44M | $6.13M | $5.67M | $9.86M | $9.1M | $13.2M | $7.4M | $4.7M | $6.5M | $5.3M | $2.7M | $1.5M | $2M | $2.3M | $1.1M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $10.21M | $8.63M | $8.93M | $9.21M | $9.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $598K | $0 | $2.76M | $4.6M | $2.98M | $3.84M | $2.39M | $1.58M | $3.57M | $3.35M | $900K | $1M | $1.1M | $1.3M | $1.1M | $1M | $800K | $500K | $700K | $200K | $300K |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $906K | $1.05M | $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 | $1.22M | $0 | $0 | $1.02M | $532K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.62M | $1.26M | $0 | $717K | $0 | $0 | $0 | $766K | $600K | $500K | $500K | $400K | $300K | $0 | $100K | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $111K | $881K | $1.33M | $1.46M | $1.65M | $2.24M | $2.14M | $2.68M | $1.19M | $1.24M | $863K | $220K | $359K | $493K | $719K | $0 | $505K | $1.3M | $1.31M | $1.45M | $1.47M | $360K | $121K | $3.09M | $225K | -$349K | $2.9M | $600K | $0 | $0 | $0 | $0 | $0 | $0 | $100K | $0 | $0 |
| Total Long-Term Liabilities | $38.77M | $54.71M | $56.28M | $29.5M | $33.59M | $18.13M | $21.02M | $3.16M | $2.68M | $1.19M | $1.24M | $863K | $220K | $359K | $493K | $719K | $906K | $2.16M | $1.36M | $5.69M | $7.31M | $4.45M | $4.92M | $2.51M | $1.77M | $3.79M | $4.53M | $4.4M | $2.1M | $1.6M | $1.7M | $1.4M | $1M | $900K | $500K | $800K | $200K | $300K |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $76.49M | $83.51M | $79.75M | $45.38M | $57.48M | $40.2M | $48.83M | $17.41M | $16.96M | $11.46M | $20.45M | $9.96M | $9.82M | $6.3M | $7.33M | $5.67M | $5.54M | $10.41M | $17.01M | $17.36M | $29.16M | $17.22M | $18.34M | $9.95M | $7.9M | $9.46M | $14.39M | $13.5M | $15.3M | $9M | $6.4M | $7.9M | $6.3M | $3.6M | $2M | $2.8M | $2.5M | $1.4M |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $94K | $93K | $93K | $91K | $89K | $88K | $87K | $87K | $85K | $79K | $77K | $75K | $74K | $73K | $72K | $72K | $72K | $71K | $71K | $69K | $67K | $61K | $60K | $61K | $61K | $60K | $60K | $100K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $38.7M | $59.39M | $72.97M | $80.18M | $77.66M | $66.95M | $56.18M | $57.38M | $50.84M | $45.79M | $38.55M | $29.01M | $25.66M | $23.67M | $22.1M | $17.94M | $12.85M | $8.73M | $12.81M | $13.18M | $18.46M | $15.79M | $13.59M | $10.59M | $9.49M | $5.61M | $10.5M | $15M | $17.9M | $12M | $10.9M | $7.7M | $5.7M | $3.8M | $2.8M | $2.2M | $1.9M | $800K |
| Comprehensive Income & Other | $299K | -$1.42M | -$22K | -$83K | $1.7M | -$561K | -$1.18M | $292K | -$578K | -$905K | -$680K | -$766K | -$469K | -$430K | $99K | -$365K | -$415K | -$565K | -$261K | -$184K | -$276K | -$137K | -$96K | -$17.08M | -$15.23M | -$89K | -$61K | -$100K | -$7.2M | -$5.8M | -$4.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $11.17M | $8.94M | $9.54M | $8.5M | $10.77M | $13.05M | $15.11M | $18.62M | $17.32M | $15.28M | $15.1M | $14.78M | $16.7M | $16.6M | $17.7M | $17.47M | $17.68M | $17.23M | $17.13M | $16.78M | $14.76M | $11.06M | $10.47M | $10.12M | $10.06M | $9.94M | $9.93M | $10M | $9.8M | $6.7M | $6.3M | $5.6M | $5.5M | $3.1M | $3.2M | $800K | $900K | $900K |
| Total Equity | $49.96M | $68.43M | $82.59M | $88.77M | $88.52M | $80.08M | $71.38M | $76.08M | $68.25M | $61.15M | $53.73M | $43.86M | $42.44M | $40.34M | $39.87M | $35.48M | $30.61M | $26.03M | $30M | $30.02M | $33.29M | $26.92M | $24.13M | $20.78M | $19.61M | $15.6M | $20.49M | $25.1M | $27.7M | $18.7M | $17.2M | $13.3M | $11.2M | $6.9M | $6M | $3M | $2.8M | $1.7M |
| 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 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $126.45M | $151.94M | $162.34M | $134.15M | $146M | $120.28M | $120.2M | $93.49M | $85.21M | $72.61M | $74.17M | $53.82M | $52.26M | $46.64M | $47.2M | $41.14M | $36.15M | $36.44M | $47.01M | $47.38M | $62.45M | $44.14M | $42.47M | $30.72M | $27.51M | $25.07M | $34.88M | $38.6M | $43M | $27.7M | $23.6M | $21.2M | $17.5M | $10.5M | $8M | $5.8M | $5.3M | $3.1M |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||
| Total Debt | $49.97M | $59.03M | $60.29M | $30.93M | $31.84M | $16.48M | $28.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.27M | $2.73M | $4.58M | $15.94M | $3.84M | $4.67M | $2.96M | $2.16M | $4.7M | $8.38M | $1M | $1.1M | $1.3M | $1.6M | $1.3M | $1.6M | $900K | $600K | $1.2M | $500K | $700K |
| Net Debt | $42.59M | $46.7M | $48.31M | $17.33M | $10.01M | -$15.65M | -$1.7M | -$25.04M | -$23.61M | -$27.84M | -$19.75M | -$18.55M | -$19.51M | -$16.7M | -$14.48M | -$15.46M | -$8.55M | -$2.73M | -$788K | -$295K | $13.78M | $1.92M | -$2.82M | -$2.53M | $1.52M | $4.2M | $7.56M | -$100K | -$3.6M | -$2.2M | -$300K | -$1.2M | $800K | -$200K | -$600K | $700K | -$200K | $400K |
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 | FY 1992 | FY 1991 | FY 1990 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | USD | USD |
| 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 | 2003-06-30 | 2002-06-30 | 2001-06-30 | 2000-06-30 | 1999-06-30 | 1998-06-30 | 1997-06-30 | 1996-06-30 | 1995-06-30 | 1994-06-30 | 1993-06-30 | 1992-06-30 | 1991-06-30 |
| Operating Activities | ||||||||||||||||||||||||||||||||||||
| Net Income | -$20.7M | -$13.57M | -$7.22M | $2.52M | $10.71M | $10.77M | -$1.65M | $6.54M | $5.05M | $7.24M | $9.55M | $3.35M | $1.99M | $1.57M | $4.16M | $5.01M | $3.97M | -$220K | $912K | -$5.29M | $2.67M | $2.2M | $3M | $1.1M | $3.88M | -$4.89M | -$4.47M | -$2.9M | $5.9M | $1.1M | $3.2M | $2M | $1.9M | $1M | $800K | $300K |
| Depreciation & Amortization | $4.71M | $4.56M | $4.65M | $4.25M | $4.17M | $4.34M | $3.96M | $3.46M | $2.91M | $2.38M | $1.77M | $2.43M | $2.9M | $3.04M | $3.02M | $3.22M | $3.35M | $3.14M | $2.96M | $3.58M | $3.14M | $2.56M | $2.68M | $2.48M | $2.41M | $2.49M | $2.18M | $1.6M | $1.5M | $1.3M | $1.1M | $1.1M | $800K | $500K | $500K | $400K |
| Deferred Income Tax | $0 | $3.61M | -$2.91M | -$974K | $751K | -$214K | -$893K | $212K | $2.39M | $349K | -$197K | -$93K | $199K | $34K | $598K | -$2.96M | $0 | -$61K | $66K | $169K | -$530K | -$404K | -$293K | $0 | $0 | $2.29M | -$907K | -$1M | $0 | -$300K | $0 | $100K | -$100K | $0 | $0 | $0 |
| Stock-Based Compensation | $603K | $977K | $1.2M | $1.01M | $968K | $1.43M | $1.71M | $1.67M | $1.33M | $1.03M | $724K | $390K | $235K | $202K | $222K | $233K | $251K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||||||||
| Accounts Receivable | -$6.01M | $2.25M | -$9.87M | $11.82M | $644K | -$813K | -$4.32M | -$1.34M | -$6.21M | $4.81M | -$3.33M | -$3.07M | -$268K | $2.03M | -$5.51M | $1.41M | $1.05M | $706K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$5.88M | -$622K | $5.45M | $2.78M | -$5.47M | $966K | -$1.97M | -$2.44M | -$9.84M | $7.04M | -$8.2M | $276K | -$2.81M | -$1.68M | -$1.86M | $811K | $2.01M | $4.82M | -$788K | $2.96M | -$3.28M | -$124K | -$5.02M | $26K | -$3.21M | $1.43M | $249K | $1.6M | -$5.8M | $700K | -$1.2M | -$1.8M | -$1.9M | -$100K | -$500K | $0 |
| Accounts Payable | $4.06M | $2.86M | $5.39M | -$8.61M | $3.06M | $0 | $0 | -$183K | $4.06M | -$7.43M | $8.11M | -$1.4M | $2.78M | -$554K | $1.63M | $1.23M | -$3.81M | -$15.65M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$1.35M | -$2.91M | -$4.31M | -$7.23M | -$5.67M | $926K | $656K | -$1.55M | $1.61M | -$1.5M | $2.61M | $397K | $219K | -$340K | -$583K | $69K | -$450K | $13.9M | -$735K | $7.09M | -$5.81M | -$2.04M | $2.69M | -$230K | $234K | $1.65M | $1.6M | -$2.4M | -$300K | $200K | -$2.5M | $2M | -$2.8M | $300K | -$300K | $0 |
| Total Working Capital Change | -$9.19M | $1.57M | -$3.35M | -$1.23M | -$7.43M | $1.08M | -$5.63M | -$5.52M | -$10.38M | $2.92M | -$809K | -$3.79M | -$71K | -$542K | -$6.32M | $3.52M | -$1.2M | $3.77M | -$1.52M | $10.04M | -$9.09M | -$2.17M | -$2.33M | -$204K | -$2.97M | $3.08M | $1.85M | -$800K | -$6.1M | $900K | -$3.7M | $200K | -$4.7M | $200K | -$800K | -$300K |
| Other Non-Cash Items | $15.65M | $8.78M | $6.13M | $1.44M | $2.7M | $3.4M | $6.19M | $190K | $526K | $220K | -$1.75M | $393K | $85K | $170K | $58K | $52K | $718K | $335K | $235K | $6.54M | $91K | $329K | $233K | -$83K | $1.49M | $1.42M | -$300K | -$100K | $1.9M | $800K | $500K | -$100K | $100K | $100K | -$100K | $0 |
| Net Cash from Operating | -$8.92M | $5.93M | -$1.5M | $7.02M | $11.87M | $20.81M | $3.69M | $6.56M | $1.83M | $14.14M | $9.29M | $2.68M | $5.35M | $4.47M | $1.73M | $9.09M | $7.09M | $4.89M | $2.69M | $15.06M | -$3.82M | $2.52M | $3.28M | $3.29M | $4.8M | $4.38M | -$1.65M | $3.1M | $3.2M | $3.8M | $1.1M | $3.5M | -$1.5M | $1.8M | $400K | $400K |
| Investing Activities | ||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$3.7M | -$3.61M | -$3.02M | -$13.52M | -$26.49M | -$5.11M | -$4.54M | -$5.33M | -$4.08M | -$5.35M | -$10.44M | -$1.71M | -$2.68M | -$1.62M | -$2.26M | -$1.72M | -$2.53M | -$4.53M | -$1.37M | -$2.73M | -$2.29M | -$7.71M | -$3.32M | -$977K | -$1.08M | -$960K | -$5.16M | -$5.7M | -$3.5M | -$2.2M | -$2.6M | -$1.8M | -$2M | -$1.7M | -$500K | -$1.1M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19K | $28K | $25K | $3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$5.62M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$699K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$100K | -$300K | $0 | $0 | $0 | $0 | $0 | -$400K | -$200K | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $100K | $0 | $300K | $100K | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $57K | $30K | $68K | $35K | $1.5M | -$1.47M | $25K | $3M | $90K | $207K | $36K | $0 | $45K | $1.21M | $2.19M | -$44K | $70K | $0 | $13K | $7K | $198K | $395K | -$94K | -$694K | -$700K | $200K | -$100K | $100K | $200K | -$100K | -$100K | -$300K | -$200K |
| Net Cash from Investing | -$3.7M | -$3.61M | -$3.02M | -$13.47M | -$26.46M | -$5.04M | -$4.51M | -$3.81M | -$5.55M | -$5.33M | -$7.44M | -$1.62M | -$2.47M | -$1.58M | -$2.26M | -$1.67M | -$1.32M | -$3.04M | -$1.42M | -$2.66M | -$7.91M | -$7.69M | -$3.31M | -$779K | -$681K | -$1.05M | -$5.96M | -$6.7M | -$3.3M | -$2.3M | -$2.4M | -$1.6M | -$1.8M | -$2.1M | -$1M | -$1.3M |
| Financing Activities | ||||||||||||||||||||||||||||||||||||
| Debt Repaid | -$2.01M | $296K | $288K | $278K | -$9.79M | - | - | - | - | - | - | - | - | - | - | - | $1.27M | $1.46M | $1.85M | $11.36M | -$1.93M | $832K | -$1.72M | -$793K | $2.54M | $3.68M | -$7.49M | $100K | $300K | $300K | -$200K | $100K | -$500K | -$300K | $800K | -$800K |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $35K | $0 | $38K | $0 | $0 | $0 | $0 | $0 | $37K | $0 | $28K | $50K | $0 | $194K | $1.08M | $463K | $428K | $328K | $33K | $54K | $35K | $35K | $1.1M | $1.6M | $400K | $500K | $0 | $2.5M | $0 | $2.3M | $0 |
| Common Stock Repurchases | -$89K | -$178K | -$221K | -$1.5M | -$5.5M | -$4.15M | -$3.75M | -$1.37M | -$510K | -$712K | -$648K | -$2.02M | -$60K | -$703K | -$405K | -$426K | $0 | $0 | -$724K | -$82K | $0 | $0 | $0 | $0 | $0 | $0 | -$167K | -$1.1M | $0 | $0 | $0 | $0 | $0 | $0 | -$200K | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $35K | $0 | $38K | $0 | $0 | $0 | $0 | $0 | $0 | -$49K | -$103K | $0 | $89K | -$339K | $672K | $0 | $0 | $0 | $1.5M | -$1.5M | $0 | $0 | $0 | $100K | $0 | $0 | -$100K | -$100K | -$100K | $0 | -$100K |
| Net Cash from Financing | $7.77M | -$1.97M | $2.89M | -$1.78M | $4.29M | -$14.11M | $6.25M | -$1.33M | -$510K | -$712K | -$648K | -$2.02M | -$60K | -$666K | -$454K | -$501K | -$1.22M | -$1.37M | -$1.85M | -$9.68M | $11.97M | -$404K | $2.04M | $2.33M | -$3.98M | -$3.65M | $7.36M | -$100K | $1.4M | $100K | $700K | -$200K | $2.9M | $200K | $1.3M | $700K |
| 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 | $100K | $100K | -$1.5M | $1.3M | -$1.9M | $3.3M | $300K | $600K | $900K |
| Net Change in Cash | -$4.85M | $344K | -$1.62M | -$8.23M | -$10.3M | $1.66M | $5.44M | $1.43M | -$4.23M | $8.1M | $1.2M | -$961K | $2.81M | $2.22M | -$983K | $6.91M | $4.55M | $477K | -$577K | $2.72M | $241K | -$5.58M | $2.01M | $4.84M | $141K | -$316K | -$248K | -$3.6M | $1.4M | $100K | $700K | -$200K | $2.9M | $200K | $1.3M | $700K |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | -$8.92M | $5.93M | -$1.5M | $7.02M | $11.87M | $20.81M | $3.69M | $6.56M | $1.83M | $14.14M | $9.29M | $2.68M | $5.35M | $4.47M | $1.73M | $9.09M | $7.09M | $4.89M | $2.69M | $15.06M | -$3.82M | $2.52M | $3.28M | $3.29M | $4.8M | $4.38M | -$1.65M | $3.1M | $3.2M | $3.8M | $1.1M | $3.5M | -$1.5M | $1.8M | $400K | $400K |
| Capital Expenditure | -$3.7M | -$3.61M | -$3.02M | -$13.52M | -$26.49M | -$5.11M | -$4.54M | -$5.33M | -$4.08M | -$5.35M | -$10.44M | -$1.71M | -$2.68M | -$1.62M | -$2.26M | -$1.72M | -$2.53M | -$4.53M | -$1.37M | -$2.73M | -$2.29M | -$7.71M | -$3.32M | -$977K | -$1.08M | -$960K | -$5.16M | -$5.7M | -$3.5M | -$2.2M | -$2.6M | -$1.8M | -$2M | -$1.7M | -$500K | -$1.1M |
| Free Cash Flow | -$12.62M | $2.32M | -$4.51M | -$6.5M | -$14.62M | $15.7M | -$850K | $1.24M | -$2.25M | $8.78M | -$1.16M | $970K | $2.67M | $2.85M | -$529K | $7.37M | $4.55M | $357K | $1.32M | $12.33M | -$6.11M | -$5.19M | -$38K | $2.32M | $3.73M | $3.42M | -$6.81M | -$2.6M | -$300K | $1.6M | -$1.5M | $1.7M | -$3.5M | $100K | -$100K | -$700K |
| Cash at Beginning | $12.32M | $11.98M | $13.6M | $21.83M | $32.13M | $30.48M | $25.04M | $23.61M | $27.84M | $19.75M | $18.55M | $19.51M | $16.7M | $14.48M | $15.46M | $8.55M | $4M | $3.52M | $4.09M | $2.16M | $1.92M | $7.5M | $5.48M | $640K | $499K | $815K | $1.06M | $4.7M | $3.5M | $1.9M | $2.5M | $800K | $1.1M | $1.2M | $500K | $700K |
| Cash at End | $7.47M | $12.32M | $11.98M | $13.6M | $21.83M | $32.13M | $30.48M | $25.04M | $23.61M | $27.84M | $19.75M | $18.55M | $19.51M | $16.7M | $14.48M | $15.46M | $8.55M | $4M | $3.52M | $4.88M | $2.16M | $1.92M | $7.5M | $5.48M | $640K | $499K | $815K | $1.1M | $4.9M | $2M | $3.2M | $600K | $4M | $1.4M | $1.8M | $1.4M |