SANUWAVE Health, Inc. (SNWV)
SANUWAVE Health, Inc. is a shockwave technology company, which engages in the development and commercialization of patented noninvasive, biological response activating devices. Its portfolio of healthcare products and product candidates activate biologic signaling and angiogenic responses, including new vascularization and microcirculatory improvement, helping to restore the body's normal healing processes and regeneration. The company was founded on May 6, 2004 and is headquartered in Eden Prairie, MN.
Sector: Surgical & Medical Instruments & Apparatus
Industry: Medical - Devices
SANUWAVE Health, Inc.
NASDAQ:SNWVHealthcare · Medical - Devices
-2.28%$5.15
AH$5.15+0.00%vs close
Mkt Cap$44.3M
Float7.51M
O/S8.6M
Vol
$ Vol
RVOL
Inst Own37.1%
SI3.1%
Earnings
Dilution
Financials Summary
Revenue$44.05M
Net Income$11.81M
Total Assets$37.34M
Free Cash Flow$1.93M
Debt & Equity
Debt 93%
Equity 7%
Total Debt$22.97M
Total Equity$1.62M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:375Reverse splitOct 18, 2024375 shares → 1
Balance Sheet Details
Assets$37.34M
Liabilities$35.72M
Accounts Receivable$5.42M
Accounts Payable$3.22M
Inventory$5.93M
PP&E (Net)$2.36M
Goodwill$7.26M
Intangible Assets$3.03M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Revenue | $44.05M | $32.63M | $20.4M | $16.74M | $13.01M | $4.06M | $1.03M | $1.85M | $739K | $1.38M | $966K | $847K | $800K | $769K | $803K | $728K | $661K | $0 | $0 | $0 |
| YoY Growth | 35.0% | 60.0% | 21.8% | 28.7% | 220.7% | 294.4% | -44.4% | 150.5% | -46.3% | 42.5% | 13.9% | 5.9% | 4.0% | -4.2% | 10.2% | 10.2% | - | - | - | - |
| Cost of Revenue | $10.08M | $8.08M | $6.04M | $4.33M | $4.99M | $1.16M | $539K | $694K | $242K | $565K | $285K | $220K | $190K | $220K | $262K | $250K | $226K | $0 | $0 | $0 |
| Gross Profit | $33.97M | $24.55M | $14.36M | $12.41M | $8.02M | $2.9M | $490K | $1.16M | $497K | $811K | $681K | $627K | $610K | $549K | $541K | $478K | $435K | $0 | $0 | $0 |
| Gross Margin | 77.1% | 75.2% | 70.4% | 74.1% | 61.7% | 71.4% | 47.6% | 62.5% | 67.2% | 58.9% | 70.5% | 74.0% | 76.3% | 71.4% | 67.4% | 65.6% | 65.8% | - | - | - |
| Research and Development | $1.35M | $673K | $579K | $567K | $1.1M | $1.25M | $1.18M | $1.66M | $1.29M | $1.13M | $2.17M | $3M | $2.3M | $1.76M | $2.73M | $3.88M | $3.39M | $0 | $0 | $0 |
| Selling, General, and Administrative | $26.79M | $17.67M | $13.57M | $20.03M | $20.28M | $18.88M | $8.03M | $7.33M | $3M | $2.67M | $2.74M | $3.27M | $3.96M | $4.52M | $6.29M | $7.1M | $5.03M | $26K | $34K | $13K |
| Other | $880K | $789K | $752K | $766K | $784K | $7.97M | $71K | $10K | $0 | $327K | $310K | $321K | $326K | $327K | $326K | $1.14M | $672K | $0 | $0 | $0 |
| Total Operating Expenses | $29.02M | $19.13M | $14.9M | $21.36M | $22.17M | $28.09M | $9.28M | $8.34M | $4.32M | $4.13M | $5.22M | $6.59M | $6.59M | $6.61M | $9.35M | $12.12M | $9.09M | $26K | $34K | $13K |
| Operating Income (EBIT) | $4.95M | $5.42M | -$540K | -$8.95M | -$14.14M | -$25.2M | -$8.79M | -$7.18M | -$3.82M | -$3.32M | -$4.44M | -$5.96M | -$5.98M | -$6.06M | -$8.81M | -$11.81M | -$8.65M | -$26K | -$34K | -$13K |
| Operating Margin | 11.2% | 16.6% | -2.6% | -53.5% | -108.7% | -621.1% | -854.9% | -388.1% | -517.8% | -241.0% | -459.6% | -703.8% | -747.0% | -788.1% | -1097.6% | -1620.9% | -1309.3% | - | - | - |
| Interest Expense | $6.25M | $13.64M | $15.62M | $14.13M | $7.09M | $2.54M | $1.84M | $4.5M | $1.14M | $855K | $400K | $441K | $2.54M | $332K | $472K | $962K | $740K | $2K | $35 | $240 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $6.95M | -$36.76M | -$25.26M | -$1.34M | -$13.09M | -$5.74M | -$1.64M | -$4.45M | -$1.71M | -$3.12M | -$373K | -$11K | -$5.98M | -$339K | -$1.43M | -$3.35M | -$536K | -$359K | -$35 | $37K |
| Income Before Tax (EBT) | $11.9M | -$31.34M | -$25.8M | -$10.29M | -$27.23M | -$30.94M | -$10.43M | -$11.63M | -$5.54M | -$6.44M | -$4.81M | -$5.97M | -$11.95M | -$6.4M | -$10.24M | -$15.16M | -$9.19M | -$28K | -$34K | $24K |
| Income Tax Expense | $86K | $27K | $4K | $2K | $28K | $0 | $0 | $45K | $0 | $3.12M | $0 | $0 | $0 | $0 | $0 | -$240K | -$1.2M | -$2K | $2K | $2K |
| Net Income | $11.81M | -$31.37M | -$25.81M | -$10.29M | -$27.26M | -$30.94M | -$10.43M | -$11.63M | -$5.54M | -$6.44M | -$4.81M | -$5.97M | -$11.3M | -$6.4M | -$10.24M | -$14.92M | -$6.15M | -$27K | -$36K | $22K |
| Net Income Margin | 26.8% | -96.1% | -126.5% | -61.5% | -209.5% | -762.6% | -1013.9% | -628.7% | -749.9% | -467.9% | -498.2% | -705.0% | -1412.4% | -832.2% | -1275.7% | -2048.5% | -931.3% | - | - | - |
| Supplementary Data | ||||||||||||||||||||
| EPS | 1.38 | -7.03 | -12.19 | -7.02 | -19.72 | -30.68 | -19.26 | -29.17 | -15.00 | -22.50 | -30.00 | -45.00 | -150.00 | -112.50 | -195.00 | -431.25 | -251.25 | -0.85 | -363.75 | 0.81 |
| Diluted EPS | 0.41 | -7.03 | -12.19 | -7.02 | -19.72 | -30.68 | -19.26 | -29.17 | -15.00 | -22.50 | -30.00 | -45.00 | -150.00 | -112.50 | -195.00 | -431.25 | -251.25 | -281.25 | -363.75 | 0.81 |
| Weighted Average OS | 8.56M | 4.46M | 2.12M | 1.47M | 1.38M | 1.01M | 541,442 | 398,767 | 370,236 | 286,986 | 168,067 | 128,567 | 75,019 | 55,775 | 52,330 | 34,466 | 30,414 | 33,359 | 33,359 | 27,174 |
| EBITDA | $19.43M | -$16.56M | -$9.15M | $4.79M | -$18.9M | -$27.38M | -$8.52M | -$7.11M | -$4.37M | -$2.99M | -$4.23M | -$5.2M | -$9.09M | -$5.74M | -$8.55M | -$10.5M | -$7.78M | -$10.84M | -$34K | -$13K |
| EBITDA Margin | 44.1% | -50.8% | -44.9% | 28.6% | -145.3% | -675.0% | -828.4% | -384.5% | -592.3% | -217.4% | -437.8% | -613.6% | -1136.2% | -746.6% | -1065.0% | -1441.7% | -1176.7% | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Assets | ||||||||||||||||||||
| Current Assets | ||||||||||||||||||||
| Cash and Cash Equivalents | $11.96M | $10.24M | $1.8M | $1.15M | $619K | $2.44M | $1.76M | $365K | $730K | $134K | $153K | $3.55M | $182K | $70K | $3.91M | $417K | $1.79M | $3K | $5K | $30K |
| Short-Term Investments | $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 | $11.96M | $10.24M | $1.8M | $1.15M | $619K | $2.44M | $1.76M | $365K | $730K | $134K | $153K | $3.55M | $182K | $70K | $3.91M | $417K | $1.79M | $3K | $5K | $30K |
| Accounts Receivable | $5.42M | $3.33M | $3.31M | $4.03M | $2.42M | $2.36M | $76K | $236K | $153K | $461K | $74K | $86K | $140K | $88K | $109K | $141K | $176K | $52K | $0 | $0 |
| Inventory | $5.93M | $4.15M | $2.95M | $868K | $1.04M | $2.96M | $543K | $358K | $232K | $232K | $285K | $272K | $246K | $293K | $396K | $464K | $593K | $0 | $0 | $0 |
| Other Current Assets | $1.31M | $682K | $1.72M | $570K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $128K | $0 | $0 | $0 | $1K | $0 | $0 |
| Total Current Assets | $24.63M | $18.4M | $9.78M | $6.62M | $4.4M | $7.93M | $2.5M | $1.08M | $1.2M | $914K | $636K | $4.03M | $643K | $579K | $4.58M | $1.14M | $2.68M | $3K | $5K | $30K |
| Long-Term Assets | ||||||||||||||||||||
| Property, Plant & Equipment Net | $2.36M | $732K | $938K | $856K | $1.01M | $1.27M | $836K | $78K | $60K | $77K | $4K | $8K | $13K | $33K | $51K | $13K | $89K | $0 | $0 | $0 |
| Goodwill | $7.26M | $7.26M | $7.26M | $7.26M | $7.26M | $7.26M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $3.03M | $3.73M | $4.43M | $5.14M | $5.84M | $6.54M | $0 | $0 | $0 | $0 | $307K | $614K | $920K | $1.23M | $1.53M | $1.84M | $2.15M | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $923K | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $68K | $0 | $0 | $0 | $106K | $28K | $42K | $16K | $14K | $14K | $11K | $11K | $11K | $11K | $3K | $32K | $32K | $0 | $0 | $0 |
| Total Long-Term Assets | $12.72M | $11.72M | $12.63M | $13.25M | $14.22M | $15.1M | $878K | $94K | $74K | $91K | $322K | $632K | $945K | $1.27M | $1.59M | $1.89M | $3.19M | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $37.34M | $30.12M | $22.42M | $19.87M | $18.62M | $23.03M | $3.38M | $1.18M | $1.28M | $1M | $958K | $4.67M | $1.59M | $1.85M | $6.17M | $3.03M | $5.87M | $3K | $5K | $30K |
| Liabilities | ||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||
| Accounts Payable | $3.22M | $3.73M | $5.71M | $4.4M | $7.64M | $4.45M | $1.44M | $1.59M | $1.5M | $713K | $509K | $232K | $935K | $556K | $757K | $1.83M | $1.07M | $976K | $48K | $7K |
| Short-Term Debt | $5.64M | $25.3M | $29.96M | $38.54M | $27.12M | $16.59M | $6.17M | $10.79M | $6.05M | $5.41M | $0 | $5.37M | $237K | $0 | $0 | $4.25M | $0 | $40K | $0 | $3K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $3K |
| Current Unearned Revenue | $388K | $193K | $92K | $60K | $48K | $32K | $67K | $132K | $13K | $19K | $0 | $454K | -$4K | $1.34M | $905K | $1.44M | $0 | -$40K | $0 | $0 |
| Other Current Liabilities | $1.23M | $10.67M | $19.18M | $8.45M | $13.97M | $11.42M | $1.61M | $3.63M | $2M | $1.71M | $737K | $611K | $0 | $1.36M | $928K | $994K | $1.28M | -$2K | $0 | -$13K |
| Total Current Liabilities | $17.85M | $42.34M | $64.75M | $60.22M | $56.26M | $36.17M | $12.42M | $16.49M | $11.16M | $7.92M | $1.49M | $6.22M | $2.34M | $2.99M | $2.32M | $8.17M | $2.86M | $76K | $52K | $37K |
| Long-Term Liabilities | ||||||||||||||||||||
| Long-Term Debt | $16.32M | $0 | $0 | $0 | $875K | $143K | $0 | $0 | $0 | $0 | $5.35M | $0 | $5.37M | $5.37M | $0 | $5.37M | $8.89M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $701K | $300K | $347K | $230K | $293K | $37K | $573K | $47K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $28K | $28K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | -$28K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.37M | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $17.88M | $491K | $839K | $668K | $1.31M | $571K | $1.03M | $47K | $0 | $0 | $5.35M | $0 | $5.37M | $5.38M | $5.38M | $5.37M | $8.89M | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $41K |
| Total Liabilities | $35.72M | $42.84M | $65.59M | $60.88M | $57.58M | $36.74M | $13.45M | $16.53M | $11.16M | $7.92M | $6.84M | $6.22M | $7.72M | $8.37M | $7.7M | $13.55M | $11.75M | $76K | $52K | $41K |
| Stockholders' Equity | ||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $62K | $0 | $0 |
| Common Stock | $9K | $9K | $3K | $549K | $482K | $471K | $294K | $156K | $139K | $137K | $63K | $61K | $38K | $21K | $21K | $15K | $13K | $41K | $41K | $41K |
| Retained Earnings | -$242.69M | -$251.42M | -$220.05M | -$194.24M | -$183.95M | -$156.69M | -$125.75M | -$116.6M | -$104.97M | -$99.43M | -$92.99M | -$88.18M | -$82.21M | -$70.91M | -$64.51M | -$54.27M | -$38.66M | $40K | $4K | $40K |
| Comprehensive Income & Other | $10K | $10K | -$111K | -$67K | -$73K | -$62K | -$62K | -$63K | -$44K | -$52K | -$33K | -$12K | $7K | $13K | $10K | $11K | $22K | -$62K | $0 | $0 |
| Other Stockholders' Equity | $244.29M | $238.69M | $176.87M | $152.68M | $144.51M | $142.5M | $115.4M | $101.09M | $94.95M | $92.38M | $87.05M | $86.57M | $76.04M | $64.37M | $62.95M | $43.74M | $32.76M | -$153K | -$91K | -$91K |
| Total Equity | $1.62M | -$12.72M | -$43.18M | -$41.01M | -$38.96M | -$13.72M | -$10.06M | -$15.36M | -$9.88M | -$6.91M | -$5.88M | -$1.55M | -$6.13M | -$6.52M | -$1.54M | -$10.52M | -$5.88M | -$73K | -$46K | -$11K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $37.34M | $30.12M | $22.42M | $19.87M | $18.62M | $23.03M | $3.38M | $1.18M | $1.28M | $1M | $958K | $4.67M | $1.59M | $1.85M | $6.17M | $3.03M | $5.87M | $3K | $5K | $30K |
| Supplementary Data | ||||||||||||||||||||
| Total Debt | $22.97M | $25.5M | $30.45M | $38.98M | $28.39M | $17.58M | $6.92M | $10.79M | $6.05M | $5.52M | $5.35M | $5.37M | $241K | $447K | $13K | $9.62M | $8.89M | $40K | $0 | $3K |
| Net Debt | $11.01M | $15.26M | $28.66M | $37.82M | $27.77M | $15.14M | $5.16M | $10.43M | $5.32M | $5.39M | $5.2M | $1.83M | $58K | $377K | -$3.9M | $9.2M | $7.1M | $37K | -$5K | -$27K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Operating Activities | ||||||||||||||||||||
| Net Income | $11.81M | -$31.37M | -$25.81M | -$10.29M | -$27.26M | -$30.94M | -$10.43M | -$11.63M | -$5.54M | -$6.44M | -$4.81M | -$5.97M | -$11.95M | -$6.4M | -$10.24M | -$14.92M | -$7.98M | -$27K | -$36K | $22K |
| Depreciation & Amortization | $1.28M | $1.15M | $1.03M | $952K | $1.24M | $1.01M | $71K | $22K | $24K | $327K | $310K | $321K | $326K | $327K | $326K | $1.14M | $672K | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $4K | $2K | $28K | $0 | -$188K | -$115K | $58K | $2.51M | $0 | -$474K | $3.44M | -$31K | $1.36M | $2.87M | -$5K | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $1.51M | $0 | $0 | $0 | $22K | $333K | $2.48M | $768K | $548K | $505K | $135K | $792K | $1.39M | $1.12M | $3.04M | $1.08M | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||
| Accounts Receivable | -$2.3M | -$486K | -$53K | -$1.75M | -$395K | -$2.58M | -$9K | -$23K | $251K | -$413K | $18K | $82K | -$51K | $24K | -$24K | -$64K | $48K | $0 | $0 | $0 |
| Inventory | -$2.28M | -$1.2M | -$2.8M | -$72K | $1.69M | -$553K | -$185K | -$123K | -$7K | -$29K | -$13K | -$26K | $47K | $104K | $67K | $129K | $92K | $0 | $0 | $0 |
| Accounts Payable | -$521K | -$1.42M | $1.55M | -$2.55M | $3.18M | $3.02M | -$139K | $276K | $784K | $204K | $277K | -$703K | $379K | -$201K | -$1.07M | $760K | $94K | -$14K | $14K | -$28K |
| Other Working Capital | $1.08M | $203K | -$2.3M | $3.25M | $5.46M | $1.49M | $2.05M | $667K | $831K | -$258K | $392K | -$789K | -$94K | $488K | -$531K | $383K | -$223K | -$1K | -$340 | $2K |
| Total Working Capital Change | -$4.01M | -$2.9M | -$3.61M | -$1.12M | $9.93M | $1.37M | $1.71M | $798K | $1.86M | -$496K | $674K | -$1.44M | $280K | $415K | -$1.56M | $1.21M | $11K | -$15K | $14K | -$26K |
| Other Non-Cash Items | -$5.21M | $34.07M | $23.84M | -$6.71M | $9.66M | $15.82M | $2.09M | $4.82M | $1.3M | $355K | -$152K | $750K | $3.19M | $9K | $167K | $800K | -$44K | $0 | $0 | $0 |
| Net Cash from Operating | $3.88M | $2.46M | -$4.54M | -$17.17M | -$6.41M | -$12.72M | -$6.41M | -$3.62M | -$1.53M | -$3.2M | -$3.47M | -$6.68M | -$3.92M | -$4.29M | -$8.83M | -$5.87M | -$6.27M | -$42K | -$22K | -$4K |
| Investing Activities | ||||||||||||||||||||
| Capital Expenditures | -$1.94M | -$490K | $0 | $1.02M | -$529K | -$53K | -$54K | -$43K | $0 | -$10K | $0 | -$9K | $0 | -$2K | -$42K | $0 | -$10K | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $332K | $0 | -$20M | $0 | $0 | $0 | $2K | $100K | $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 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $5.38M | $0 | $21K | -$1.02M | $0 | $0 | $0 | $0 | $0 | $2K | $100K | $0 | $8K | $0 | $0 | $7K | $3.61M | $0 | $0 | $0 |
| Net Cash from Investing | $3.43M | -$490K | $21K | $332K | -$529K | -$20.05M | -$54K | -$43K | $0 | -$9K | $100K | -$9K | $8K | -$2K | -$42K | $7K | $3.6M | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||||||||
| Debt Repaid | -$21.98M | $208K | $170K | $278K | -$1.28M | -$8.36M | $59K | - | - | $35K | - | -$686K | -$1.69M | -$425K | $1K | - | -$2.13M | -$1.07M | - | - |
| Common Stock Issuance | $556K | $10.3M | $0 | $100K | $0 | $21.46M | $2.8M | $41K | $0 | $3.13M | $0 | $9.46M | $2.22M | $25K | $8.47M | $2.05M | $1.82M | $5.76M | $0 | $32K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$180K | $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 |
| Other Financing Activities | -$371K | -$1.49M | -$639K | $695K | $1.74M | $81K | $3.81M | $41K | $403K | $3.19M | $0 | $9.48M | $2.26M | $0 | $3.9M | $0 | -$70K | $0 | $0 | $0 |
| Net Cash from Financing | -$5.59M | $6.35M | $5.21M | $17.38M | $5.12M | $33.45M | $7.86M | $3.32M | $2.12M | $3.21M | $0 | $10.07M | $4.04M | $450K | $12.37M | $4.5M | $3.69M | $40K | -$3K | $32K |
| Forex Effect | $0 | $121K | -$50K | -$13K | -$1K | $0 | $634 | -$19K | $8K | -$19K | -$21K | -$19K | -$6K | $3K | -$436 | -$11K | $219K | $0 | $0 | $0 |
| Net Change in Cash | $1.72M | $8.44M | $644K | $534K | -$1.82M | $676K | $1.4M | -$366K | $597K | -$19K | -$3.39M | $3.36M | $112K | -$3.84M | $3.49M | -$1.37M | $1.24M | -$2K | -$25K | $28K |
| Supplementary Data | ||||||||||||||||||||
| Operating Cash Flow | $3.88M | $2.46M | -$4.54M | -$17.17M | -$6.41M | -$12.72M | -$6.41M | -$3.62M | -$1.53M | -$3.2M | -$3.47M | -$6.68M | -$3.92M | -$4.29M | -$8.83M | -$5.87M | -$6.27M | -$42K | -$22K | -$4K |
| Capital Expenditure | -$1.94M | -$490K | $0 | $1.02M | -$529K | -$53K | -$54K | -$43K | $0 | -$10K | $0 | -$9K | $0 | -$2K | -$42K | $0 | -$10K | $0 | $0 | $0 |
| Free Cash Flow | $1.93M | $1.97M | -$4.54M | -$16.15M | -$6.94M | -$12.77M | -$6.46M | -$3.66M | -$1.53M | -$3.21M | -$3.47M | -$6.69M | -$3.92M | -$4.29M | -$8.87M | -$5.87M | -$6.28M | -$42K | -$22K | -$4K |
| Cash at Beginning | $10.24M | $1.8M | $1.15M | $619K | $2.44M | $1.76M | $365K | $730K | $134K | $153K | $3.55M | $182K | $70K | $3.91M | $417K | $1.79M | $544K | $5K | $30K | $2K |
| Cash at End | $11.96M | $10.24M | $1.8M | $1.15M | $619K | $2.44M | $1.76M | $365K | $730K | $134K | $153K | $3.55M | $182K | $70K | $3.91M | $417K | $1.79M | $3K | $5K | $30K |