Outdoor Holding Co (POWW)
Outdoor Holding Company specializes in digital commerce, primarily operating an internet-based marketplace. A central component of its operations is the GunBroker e-commerce platform, a bidding website that facilitates the legitimate trade of firearms, ammunition, and various hunting and shooting accessories. Beyond its core marketplace, the firm also undertakes banner advertising campaigns. The entity, previously known as AMMO, Inc., rebranded as Outdoor Holding Company in April 2025. Its corporate headquarters are located in Scottsdale, Arizona.
Sector: Services-Business Services, NEC
Industry: Aerospace & Defense
Outdoor Holding Company
NASDAQ:POWWIndustrials · Aerospace & Defense
+3.36%$2.46
AH Close$2.46+0.00%vs close
AH Close$2.46+0.00%vs close
Mkt Cap$285.51M
Float76.83M
O/S116.06M
Inst Own56.0%
SI3.5%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$51.13M
Net Income-$3.54M
Total Assets$267.48M
Free Cash Flow-$1.4M
Debt & Equity
Debt 5%
Equity 95%
Preferred 0%
Total Debt$11.17M
Total Equity$234.96M
Preferred Stock$1K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in POWW's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$267.48M
Liabilities$32.53M
Accounts Receivable$10.36M
Accounts Payable$15.74M
Inventory$0
PP&E (Net)$7.27M
Goodwill$90.87M
Intangible Assets$86.89M
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 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 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 |
| Revenue | $51.13M | $49.4M | $53.94M | $63.15M | $240.27M | $62.48M | $14.78M | $4.57M | $1.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17.44M | $20.21M | $27.54M | $19.73M | $12.9M | $11.38M | $5.52M |
| YoY Growth | 3.5% | -8.4% | -14.6% | -73.7% | 284.5% | 322.7% | 223.7% | 292.6% | - | - | - | - | - | - | - | - | - | - | - | - | - | -13.7% | -26.6% | 39.6% | 52.9% | 13.4% | 106.2% | - |
| Cost of Revenue | $20.92M | $6.47M | $7.66M | $9.12M | $151.55M | $51.1M | $18.46M | $4.79M | $1.17M | $11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16.89M | $17.52M | $23.99M | $16.93M | $11M | $9.98M | $4.83M |
| Gross Profit | $30.2M | $42.93M | $46.28M | $54.03M | $88.72M | $11.39M | -$3.68M | -$230K | -$9K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $690K | $2.69M | $3.54M | $2.7M | $1.9M | $1.4M | $690K |
| Gross Margin | 59.1% | 86.9% | 85.8% | 85.6% | 36.9% | 18.2% | -24.9% | -5.0% | -0.8% | - | - | - | - | - | - | - | - | - | - | - | - | 4.0% | 13.3% | 12.9% | 13.7% | 14.7% | 12.3% | 12.5% |
| 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 |
| Selling, General, and Administrative | $23.22M | $89.06M | $39.69M | $38.97M | $46.47M | $14.11M | $8.56M | $8.65M | $3.96M | $136K | $3K | $5K | $7K | $16K | $13K | $21K | $17K | $27K | $44K | $26K | $708 | $3.7M | $2.44M | $2.1M | $900K | $700K | $550K | $600K |
| Other | $7.8M | $13.59M | $13.03M | $12.7M | $13.73M | $2.66M | $1.6M | $96K | $13K | $2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $357K | $0 | $0 | -$91K | $0 | -$10K | -$0 |
| Total Operating Expenses | $31.02M | $102.65M | $52.72M | $51.67M | $60.19M | $16.77M | $10.16M | $8.75M | $3.97M | $136K | $3K | $5K | $7K | $16K | $13K | $21K | $17K | $27K | $44K | $26K | $708 | $4.06M | $2.44M | $2.1M | $809K | $1.9M | $540K | $600K |
| Operating Income (EBIT) | -$820K | -$59.71M | -$6.44M | $2.37M | $28.53M | -$5.38M | -$13.84M | -$8.98M | -$5.09M | -$11K | -$3K | -$5K | -$7K | -$16K | -$13K | -$21K | -$17K | -$27K | -$44K | -$26K | -$708 | -$3.51M | $241K | $1.44M | $1.89M | $1.2M | $820K | $90K |
| Operating Margin | -1.6% | -120.9% | -11.9% | 3.7% | 11.9% | -8.6% | -93.6% | -196.7% | -438.0% | - | - | - | - | - | - | - | - | - | - | - | - | -20.1% | 1.2% | 5.2% | 9.6% | 9.3% | 7.2% | 1.6% |
| Interest Expense | -$1.77M | $82K | $446K | $632K | $638K | $3.01M | $719K | $611K | $533K | $14K | $16K | $16K | $15K | $14K | $13K | $11K | $11K | $9K | $0 | $0 | $0 | $404K | $0 | $0 | $0 | $0 | -$20K | $0 |
| Interest Income | $0 | $0 | $319K | - | - | $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) | -$4.08M | $778K | $145K | -$92K | -$616K | -$2.43M | -$719K | -$2.73M | -$1.81M | -$19K | -$16K | -$16K | -$15K | -$14K | -$13K | -$11K | -$11K | -$9K | $136K | $0 | $0 | -$404K | -$99K | $2K | $9K | $0 | $20K | $0 |
| Income Before Tax (EBT) | -$4.9M | -$58.94M | -$6.3M | $2.28M | $27.91M | -$7.81M | -$14.56M | -$11.71M | -$1.8M | -$155K | -$19K | -$21K | -$22K | -$30K | -$25K | -$33K | -$29K | -$36K | $93K | -$26K | -$708 | -$3.92M | $142K | $1.4M | $1.91M | $1.2M | $840K | $90K |
| Income Tax Expense | $50K | $6.29M | -$948K | -$1.35M | $2.04M | $0 | $0 | $0 | $1.81M | $308K | $800 | $800 | $800 | $800 | $800 | $1K | $800 | $590 | $800 | $800 | $800 | -$836K | $46K | $629K | $800K | $500K | $170K | -$180K |
| Net Income | -$3.54M | -$130.83M | -$16.59M | -$8.77M | $25.87M | -$7.81M | -$14.56M | -$11.71M | -$5.07M | -$333K | -$20K | -$22K | -$23K | -$31K | -$26K | -$34K | -$29K | -$36K | $92K | -$26K | -$2K | -$3.08M | $96K | $800K | $1.1M | $700K | $670K | $270K |
| Net Income Margin | -6.9% | -264.8% | -30.8% | -13.9% | 10.8% | -12.5% | -98.5% | -256.4% | -435.5% | - | - | - | - | - | - | - | - | - | - | - | - | -17.7% | 0.5% | 2.9% | 5.6% | 5.4% | 5.9% | 4.9% |
| Supplementary Data | ||||||||||||||||||||||||||||
| EPS | -0.06 | -1.14 | -0.16 | -0.10 | 0.27 | -0.14 | -0.32 | -0.35 | -0.30 | -0.58 | -0.03 | -0.04 | -0.04 | -0.05 | -0.05 | -0.06 | -0.05 | -0.06 | 0.44 | -0.19 | -0.01 | -23.75 | 0.75 | 7.00 | 13.75 | 9.25 | 9.57 | 3.86 |
| Diluted EPS | -0.06 | -1.14 | -0.16 | -0.10 | 0.27 | -0.14 | -0.32 | -0.35 | -0.30 | -0.58 | -0.03 | -0.04 | -0.04 | -0.05 | -0.05 | -0.06 | -0.05 | -0.06 | 0.44 | -0.19 | -0.01 | -23.75 | 0.75 | 5.50 | 12.50 | 9.25 | 9.57 | 3.86 |
| Weighted Average OS | 117.10M | 117.64M | 118.25M | 117.18M | 112.33M | 55.04M | 45.61M | 33.60M | 19.28M | 577,056 | 577,036 | 577,056 | 577,036 | 577,036 | 577,036 | 577,036 | 577,036 | 577,036 | 209,571 | 139,196 | 139,196 | 129,657 | 124,127 | 114,286 | 57,143 | 75,676 | 70,000 | 70,000 |
| EBITDA | $13.58M | -$45.26M | $7.18M | $15.05M | $45.96M | $74K | -$9.38M | -$10.5M | -$4.95M | $409K | $542K | -$5K | -$7K | -$16K | -$13K | -$21K | -$29K | -$36K | $93K | -$26K | -$708 | -$3.01M | $377K | $1.4M | $1.8M | $1.2M | $840K | $100K |
| EBITDA Margin | 26.6% | -91.6% | 13.3% | 23.8% | 19.1% | 0.1% | -63.5% | -229.9% | -425.2% | - | - | - | - | - | - | - | - | - | - | - | - | -17.3% | 1.9% | 5.1% | 9.1% | 9.3% | 7.4% | 1.8% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 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 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 |
| Assets | ||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $68.1M | $30.23M | $55.59M | $39.13M | $23.28M | $118.34M | $884K | $2.18M | $787K | $10K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $500 | $0 | $0 | $26K | $86K | $116K | $1.57M | $100K | $40K | $70K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $68.1M | $30.23M | $55.59M | $39.13M | $23.28M | $118.34M | $884K | $2.18M | $787K | $10K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $500 | $0 | $0 | $26K | $86K | $116K | $1.57M | $100K | $40K | $70K |
| Accounts Receivable | $10.36M | $10.19M | $10.8M | $29.35M | $43.97M | $9.01M | $3.02M | $1.25M | $185K | $185K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $627K | $2.24M | $2.4M | $3.07M | $2.1M | $650K | $460K |
| Inventory | $0 | $0 | $45.56M | $54.34M | $59.02M | $15.87M | $4.41M | $4.77M | $1.79M | $219K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8.37M | $10.25M | $8.47M | $6.39M | $3.1M | $2.52M | $1.26M |
| Other Current Assets | $0 | $30.5M | $18.08M | $500K | $0 | $0 | $0 | $0 | $0 | $2.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $113K | $268K | $1.8M | $0 | $100K | $50K | $170K |
| Total Current Assets | $81.99M | $72.15M | $131.53M | $128.45M | $129.69M | $145.62M | $9.16M | $8.63M | $3.02M | $185K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $500 | $2K | $0 | $10.03M | $13.51M | $12.78M | $11.42M | $5.4M | $3.26M | $1.96M |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $7.27M | $7.94M | $9.21M | $57.22M | $40.43M | $23.64M | $22.29M | $22M | $769K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.03M | $1.09M | $70K | $183K | $100K | $70K | $70K |
| Goodwill | $90.87M | $90.87M | $90.87M | $90.87M | $90.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $86.89M | $98.89M | $111.01M | $129.02M | $141.83M | $8.28M | $10.25M | $12.93M | $1.13M | $125K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | -$1.54M | -$1.38M | -$1.06M | $0 | $0 | $168K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $4.41M | $596K | $1.54M | $1.38M | $1.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $47K | $41K | $34K | $0 | $0 | $0 |
| Other Long-Term Assets | $465K | $27.48M | $58.69M | $7.03M | $11.36M | $1.83M | $217K | $29K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $319K | $69K | $19K | $5K | $100K | $260K | $230K |
| Total Long-Term Assets | $185.5M | $225.18M | $274.18M | $284.74M | $284.49M | $33.76M | $32.76M | $34.96M | $1.9M | $293K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.35M | $1.2M | $130K | $222K | $200K | $330K | $300K |
| Other Assets | $0 | $0 | -$2.67M | $0 | $0 | $0 | -$810K | $0 | $0 | $2.72M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $267.48M | $297.33M | $403.04M | $413.2M | $414.18M | $179.38M | $41.11M | $43.59M | $4.92M | $3.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $500 | $2K | $0 | $11.38M | $14.71M | $12.91M | $11.65M | $5.6M | $3.59M | $2.26M |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $15.74M | $18.08M | $15.63M | $18.08M | $26.82M | $4.37M | $5.2M | $1.92M | $477K | $575 | $4K | $2K | $1K | $10K | $8K | $11K | $6K | $6K | $2K | $28K | $14K | $1.25M | $3.13M | $2M | $2.9M | $2.8M | $2.8M | $2.67M |
| Short-Term Debt | $220K | $0 | $273K | $2.56M | $2M | $3.6M | $5.03M | $1.73M | $1.68M | $2.48M | $198K | $198K | $198K | $183K | $167K | $152K | $135K | $117K | $93K | $0 | $0 | $2.27M | $2.11M | $1.53M | $200K | $500K | $340K | $40K |
| Current Income Tax Payable | $0 | $394K | $1.54M | $2.25M | $4.16M | $1.72M | $353K | $145K | $26K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $161K | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $1.82M | $102K | $202K | $361K | $494K | $0 | $0 | -$2.48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10K | $0 | $0 | $0 | $0 | $0 | $98K | $227K | $0 | $0 | $0 |
| Other Current Liabilities | $1.23M | $7.91M | $9.92M | $0 | $0 | $0 | $0 | $300K | $0 | -$1.85M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.41M | $0 | $268K | $334K | $1.4M | $0 | $0 |
| Total Current Liabilities | $20.72M | $62.09M | $30.98M | $25.5M | $35.82M | $12.1M | $12.23M | $4.48M | $2.41M | $626K | $319K | $300K | $283K | $260K | $229K | $203K | $169K | $139K | $104 | $208K | $179K | $4.91M | $5.28M | $3.92M | $3.47M | $4.7M | $3.26M | $2.71M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | $9.82M | $0 | $10.74M | $10.92M | $219K | $4.87M | $5.8M | $8.68M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $180K | $80K |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | -$1.38M | -$1.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $2.31M | $1.54M | $1.38M | $1.06M | $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 | $1.38M | $12.17M | $1.67M | -$560K | $204K | $590K | $710K | $900K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$10K |
| Total Long-Term Liabilities | $11.81M | $13.21M | $14.01M | $13.58M | $4.05M | $6.93M | $9.62M | $9.58M | $2.16M | $575 | $202K | $200K | $200K | $192K | $175K | $163K | $141K | $124K | $2K | $28K | $14K | $4.8M | $5.24M | $3.56M | $3.11M | $3.3M | $180K | $70K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.16M | -$575 | -$202K | -$200K | -$200K | -$192K | -$175K | -$163K | -$141K | -$124K | -$2K | -$28K | -$14K | -$4.8M | -$5.24M | -$3.56M | -$3.11M | -$3.3M | $0 | $0 |
| Total Liabilities | $32.53M | $75.3M | $44.99M | $39.07M | $39.87M | $19.03M | $21.85M | $14.06M | $2.41M | $626K | $319K | $300K | $283K | $260K | $229K | $203K | $169K | $139K | $104K | $208K | $179K | $4.91M | $5.28M | $3.92M | $3.47M | $4.7M | $3.44M | $2.78M |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Preferred Stock | $1K | $1K | $1K | $1K | $1K | $0 | $0 | $0 | $0 | $167K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $117K | $117K | $119K | $118K | $116K | $93K | $46K | $44K | $22K | $577 | $6.9M | $6.9M | $6.9M | $6.9M | $0 | $0 | $0 | $0 | $6.9M | $6.89M | $6.89M | $6.89M | $6.77M | $6.26M | $6.26M | $0 | $20K | $20K |
| Retained Earnings | -$210.45M | -$203.86M | -$69.92M | -$50.22M | -$11.24M | -$41.82M | -$34.01M | -$19.45M | -$5.94M | -$7.79M | -$7.46M | -$7.44M | -$7.42M | -$7.39M | -$7.36M | -$7.34M | -$294 | $29K | -$7.3M | -$7.33M | -$7.3M | -$484K | $2.6M | $2.5M | $1.68M | $500K | -$110K | -$780K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$78K | -$167K | $0 | $0 | $0 | $0 | $0 | $0 | -$7.3M | -$7.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$30K | -$10K |
| Other Stockholders' Equity | $445.29M | $425.77M | $427.85M | $424.22M | $385.43M | $202.07M | $53.22M | $48.94M | $8.43M | $7.17M | $236K | $234K | $230K | $230K | $7.13M | $7.13M | -$168K | -$168K | $295K | $230K | $230K | $65K | $65K | $230K | $230K | $400K | $230K | $230K |
| Total Equity | $234.96M | $222.03M | $358.05M | $374.12M | $374.3M | $160.35M | $19.26M | $29.53M | $2.5M | -$626K | -$319K | -$300K | -$283K | -$260K | -$229K | -$203K | -$169K | -$139K | -$103K | -$206K | -$179K | $6.47M | $9.43M | $8.99M | $8.17M | $900K | $140K | -$530K |
| 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 |
| Total Liabilities and Equity | $267.48M | $297.33M | $403.04M | $413.2M | $414.18M | $179.38M | $41.11M | $43.59M | $4.92M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $500 | $2K | $0 | $11.38M | $14.71M | $12.91M | $11.65M | $5.6M | $3.58M | $2.25M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $11.17M | $1.56M | $13.1M | $14.86M | $5.14M | $10.61M | $14.32M | $10.41M | $1.68M | $2.48M | $198K | $198K | $198K | $183K | $167K | $152K | $135K | $117K | $90K | $0 | $0 | $2.27M | $2.11M | $1.53M | $227K | $500K | $520K | $120K |
| Net Debt | -$56.93M | -$28.67M | -$42.49M | -$24.28M | -$18.14M | -$107.73M | $13.44M | $8.23M | $895K | $2.47M | $198K | $198K | $198K | $183K | $167K | $152K | $135K | $117K | $90 | $0 | $0 | $2.25M | $2.02M | $1.42M | -$1.34M | $400K | $480K | $50K |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 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 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 |
| Operating Activities | ||||||||||||||||||||||||||||
| Net Income | -$3.54M | -$65.22M | -$5.35M | -$8.77M | $25.87M | -$7.81M | -$14.56M | -$11.71M | -$5.79M | -$333K | -$20K | -$22K | -$23K | -$25K | -$26K | -$34K | -$29K | -$36K | $92K | -$26K | -$2K | -$3.08M | $96K | $816K | $1.14M | $700K | $670K | $270K |
| Depreciation & Amortization | $14.4M | $13.59M | $13.03M | $12.7M | $17.41M | $4.88M | $4.46M | $600K | $149K | $545K | $545K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $144K | $137K | $28K | $21K | $0 | $20K | $10K |
| Deferred Income Tax | $0 | $40.37M | -$3.81M | $712K | $293K | $0 | $0 | $0 | $1.39M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $47K | -$6K | -$7K | -$18K | $0 | $160K | -$180K |
| Stock-Based Compensation | $1.51M | $0 | $0 | $0 | $7.43M | $3.44M | $1.79M | $1.17M | $160K | $60K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||
| Accounts Receivable | $102K | -$30K | $1.01M | $14.43M | -$20.71M | -$6.08M | -$1.68M | -$131K | -$172K | -$1.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.3M | $270K | $0 |
| Inventory | $0 | $0 | $8.78M | $4.67M | -$43.15M | -$11.46M | $365K | -$2.37M | -$929K | -$219K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.89M | -$1.78M | -$2.08M | -$3.28M | -$600K | -$1.26M | $0 |
| Accounts Payable | -$2.34M | $2.45M | $1.14M | -$8.69M | $9.93M | $1.81M | $3.28M | $1.44M | $419K | -$3K | $2K | $610 | -$8K | -$2K | -$3K | $5K | -$399 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$100K | -$250K | $0 |
| Other Working Capital | -$8.23M | $34.09M | -$4.15M | $4.45M | -$5.19M | -$1.55M | $748K | $346K | $632K | $11K | $17K | $17K | $15K | $10K | $14K | $12K | $10K | $0 | -$48K | $0 | $0 | -$932K | $1.2M | -$96K | -$2.11M | $1.4M | $1.99M | -$220K |
| Total Working Capital Change | -$10.47M | $36.52M | $6.79M | $14.86M | -$59.11M | -$17.27M | $2.71M | -$712K | -$50K | $7K | $19K | $18K | $7K | $9K | $11K | $17K | $10K | $12K | -$48K | $11K | $2K | $954K | -$580K | -$2.18M | -$5.39M | -$600K | $750K | -$220K |
| Other Non-Cash Items | -$410K | -$35.36M | $21.97M | $16.05M | $9.88M | $2.36M | $239K | $3.35M | $857K | -$299K | -$545K | $0 | $0 | $0 | -$26K | -$34K | $0 | $0 | -$126K | $0 | $0 | $1.96M | -$532K | -$1.28M | -$1.07M | -$100K | -$1.97M | -$10K |
| Net Cash from Operating | $1.49M | -$10.11M | $32.64M | $35.56M | $1.77M | -$14.42M | -$5.36M | -$7.29M | -$3.28M | -$20K | -$2K | -$4K | -$15K | -$16K | -$15K | -$17K | -$19K | -$24K | -$82K | -$16K | $0 | $23K | -$884K | -$2.62M | -$5.31M | $100K | -$370K | -$130K |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditures | -$2.89M | -$3.41M | -$2.65M | -$12.54M | -$19.22M | -$7.44M | -$462K | -$2.54M | -$404K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$89K | -$57K | -$39K | -$143K | $0 | -$20K | -$50K |
| Acquisitions | $43.49M | $0 | $0 | $0 | -$50.52M | $0 | $0 | -$7M | $0 | $0 | $0 | $0 | $0 | $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 | $0 | $0 | $0 | $0 | -$300K | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $160K | $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 Investing Activities | -$160K | -$2.08M | -$5.37M | $0 | $60K | $0 | $0 | -$9.54M | -$200K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $143K | -$8K | -$106K | -$289K | $0 | $0 | -$200K |
| Net Cash from Investing | $40.6M | -$5.48M | -$8.02M | -$12.54M | -$69.68M | -$7.44M | -$462K | -$9.54M | -$404K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$246K | -$65K | -$144K | -$432K | $0 | -$20K | -$250K |
| Financing Activities | ||||||||||||||||||||||||||||
| Debt Repaid | - | - | - | $685K | $54M | -$10.51M | -$2.65M | -$1.53M | - | - | - | - | -$11K | -$16K | -$15K | -$17K | -$18K | -$24K | -$93K | - | - | $7.36M | -$577K | $2.52M | $11K | - | - | - |
| Common Stock Issuance | $0 | $0 | $76K | $102K | $944K | $138.61M | $2.18M | $0 | $6.21M | $733K | $2K | $4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $343K | $0 | $7.46M | $0 | $0 | $0 |
| Common Stock Repurchases | -$1.33M | -$6.56M | -$2.15M | -$522K | $0 | -$1.5M | $0 | -$124K | -$99K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | -$241K | -$438K | $0 | -$3.74M | -$107K | -$300K | $13.92M | -$1.65M | $20K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$10K | $16K | $0 | $0 | $0 | -$7K | -$250K | -$100K | $350K | $320K |
| Net Cash from Financing | -$4.25M | -$9.77M | -$8.66M | -$6.66M | -$27.15M | $139.31M | $4.52M | $14.64M | $4.46M | $20K | $2K | $4K | $15K | $16K | $15K | $17K | $19K | $24K | $83K | $16K | $0 | $164K | $920K | $1.31M | $7.2M | -$100K | $350K | $320K |
| 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 | $10K | $0 |
| Net Change in Cash | $37.88M | -$25.36M | $15.95M | $16.35M | -$95.06M | $117.46M | -$1.3M | -$2.2M | $777K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$500 | $500 | $0 | $0 | -$60K | -$30K | -$1.45M | $1.46M | $0 | -$30K | -$60K |
| Supplementary Data | ||||||||||||||||||||||||||||
| Operating Cash Flow | $1.49M | -$10.11M | $32.64M | $35.56M | $1.77M | -$14.42M | -$5.36M | -$7.29M | -$3.28M | -$20K | -$2K | -$4K | -$15K | -$16K | -$15K | -$17K | -$19K | -$24K | -$82K | -$16K | $0 | $23K | -$884K | -$2.62M | -$5.31M | $100K | -$370K | -$130K |
| Capital Expenditure | -$2.89M | -$3.41M | -$2.65M | -$12.54M | -$19.22M | -$7.44M | -$462K | -$2.54M | -$404K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$89K | -$57K | -$39K | -$143K | $0 | -$20K | -$50K |
| Free Cash Flow | -$1.4M | -$13.51M | $29.98M | $23.02M | -$17.45M | -$21.85M | -$5.82M | -$9.84M | -$3.68M | -$20K | -$2K | -$4K | -$15K | -$16K | -$15K | -$17K | -$19K | -$24K | -$82K | -$16K | $0 | -$66K | -$942K | -$2.66M | -$5.46M | $100K | -$390K | -$180K |
| Cash at Beginning | $30.23M | $55.59M | $39.63M | $23.28M | $118.34M | $884K | $2.18M | $4.38M | $10K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $500 | $0 | $0 | $0 | $86K | $116K | $1.57M | $111K | $0 | $70K | $0 |
| Cash at End | $68.1M | $30.23M | $55.59M | $39.63M | $23.28M | $118.34M | $884K | $2.18M | $787K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $500 | $0 | $0 | $26K | $86K | $116K | $1.57M | $0 | $40K | -$60K |