SSBI (SSBI)
Summit State Bank
NASDAQ:SSBIFinancial Services · Banks - Regional
-0.37%$12.11
Mkt Cap$82M
Float4.48M
O/S6.77M
Inst Own-
SI0.2%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$58.82M
Net Income$6.8M
Total Assets$1B
Free Cash Flow$6.55M
Debt & Equity
Debt 6%
Equity 94%
Total Debt$5.95M
Total Equity$101.17M
Shares Outstanding
Short Interest
Split History3 splits · 1 reverse
- 1.1:1Forward splitOct 28, 20211 share → 1.1
- 1.3:1Forward splitMar 15, 20171 share → 1.3
- 1:2Reverse splitFeb 7, 20052 shares → 1
Balance Sheet Details
Assets$1B
Liabilities$903.41M
Accounts Receivable$3.34M
Accounts Payable$0
Inventory$0
PP&E (Net)$4.82M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $58.82M | $62.03M | $65.06M | $56.16M | $46.43M | $40.58M | $32.47M | $27.88M | $22.43M | $21.93M | $21.22M | $19.93M | $19.51M | $20.41M | $20.6M | $20.17M | $21.77M | $22.71M | $23.95M | $21.77M | $18.53M | $5.26M | $851K | $625K |
| YoY Growth | -5.2% | -4.7% | 15.9% | 21.0% | 14.4% | 25.0% | 16.4% | 24.3% | 2.3% | 3.3% | 6.5% | 2.1% | -4.4% | -0.9% | 2.1% | -7.3% | -4.1% | -5.2% | 10.0% | 17.5% | 251.9% | 518.6% | 36.2% | - |
| Cost of Revenue | $26.01M | $37.22M | $25.05M | $9.07M | $5.66M | $8.26M | $7.72M | $4.48M | $2.66M | $1.23M | $136K | -$384K | $1.32M | $5.39M | $6.58M | $7.41M | $9.21M | $9.9M | $12.65M | $9.68M | $6.73M | $3.93M | $360K | $360K |
| Gross Profit | $32.81M | $24.81M | $40.01M | $47.09M | $40.77M | $32.31M | $24.74M | $23.4M | $19.77M | $20.69M | $21.08M | $20.31M | $18.18M | $15.02M | $14.03M | $12.76M | $12.56M | $12.81M | $11.3M | $12.1M | $11.8M | $1.34M | $491K | $265K |
| Gross Margin | 55.8% | 40.0% | 61.5% | 83.8% | 87.8% | 79.6% | 76.2% | 83.9% | 88.1% | 94.4% | 99.4% | 101.9% | 93.2% | 73.6% | 68.1% | 63.3% | 57.7% | 56.4% | 47.2% | 55.6% | 63.7% | 25.4% | 57.7% | 42.4% |
| 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 |
| Selling, General, and Administrative | $16.26M | $18.37M | $18.39M | $17.73M | $14.91M | $12.54M | $12.81M | $12.38M | $10.88M | $9.61M | $8.11M | $7.99M | $7.86M | $7.53M | $7.31M | $6.77M | $4.27M | $4.34M | $3.97M | $3.67M | $3.06M | $2.63M | $0 | $0 |
| Other | $7.58M | $10.82M | $6.34M | $5.49M | $4.97M | $4.84M | $3.06M | $2.98M | $2.96M | $2.63M | $2.71M | $2.99M | $2.98M | $1.63M | $2.93M | $2.8M | $4.75M | $6.75M | $4.02M | $3.56M | $3.43M | -$5.82M | -$3.19M | -$3.5M |
| Total Operating Expenses | $23.84M | $29.2M | $24.73M | $23.22M | $19.89M | $17.38M | $15.87M | $15.36M | $13.85M | $12.24M | $10.82M | $10.98M | $10.83M | $9.16M | $10.23M | $9.58M | $9.02M | $11.1M | $7.99M | $7.24M | $6.48M | -$3.2M | -$3.19M | -$3.5M |
| Operating Income (EBIT) | $8.96M | -$4.39M | $15.28M | $23.87M | $20.88M | $14.94M | $8.88M | $8.04M | $5.92M | $8.45M | $10.26M | $9.33M | $7.35M | $5.87M | $3.79M | $3.18M | $3.54M | $1.72M | $3.31M | $4.86M | $5.32M | $4.53M | $3.68M | $3.76M |
| Operating Margin | 15.2% | -7.1% | 23.5% | 42.5% | 45.0% | 36.8% | 27.3% | 28.9% | 26.4% | 38.5% | 48.4% | 46.8% | 37.7% | 28.7% | 18.4% | 15.8% | 16.3% | 7.6% | 13.8% | 22.3% | 28.7% | 86.1% | 432.9% | 601.6% |
| Interest Expense | $23.48M | $29.29M | $24.78M | $6.53M | $4.37M | $6.16M | $7.03M | $3.95M | $2.14M | $1.23M | $936K | $1.02M | $1.27M | $2.03M | $2.93M | $3.55M | $5.56M | $9.21M | $11.9M | $9.42M | $6.28M | $3.48M | $0 | $0 |
| Interest Income | $58.43M | $58.25M | $59.83M | $48.66M | $41.73M | $36.2M | $29.78M | $25.31M | $20.48M | $19.55M | $18.25M | $17.75M | $17.74M | $18.26M | $18.67M | $18.88M | $20.65M | $21.44M | $22.75M | $20.45M | $16.67M | $12.45M | $8.45M | $7.93M |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $8.96M | -$4.39M | $15.28M | $23.87M | $20.88M | $14.94M | $8.88M | $8.04M | $5.92M | $8.45M | $10.26M | $9.33M | $7.35M | $5.87M | $3.79M | $3.18M | $3.54M | $1.72M | $3.31M | $4.86M | $5.32M | $4.53M | $3.68M | $3.76M |
| Income Tax Expense | $2.17M | -$195K | $4.46M | $6.9M | $6.18M | $4.42M | $2.4M | $2.22M | $2.63M | $3.48M | $4.23M | $3.85M | $3.03M | $2.42M | $1.56M | $1.38M | $1.46M | $707K | $1.36M | $2.05M | $2.19M | $1.87M | $1.52M | $1.6M |
| Net Income | $6.8M | -$4.19M | $10.82M | $16.97M | $14.7M | $10.52M | $6.48M | $5.83M | $3.29M | $4.97M | $6.03M | $5.49M | $4.32M | $3.45M | $2.23M | $1.81M | $2.08M | $1.01M | $1.94M | $2.81M | $3.13M | $2.67M | $2.17M | $2.16M |
| Net Income Margin | 11.6% | -6.8% | 16.6% | 30.2% | 31.7% | 25.9% | 19.9% | 20.9% | 14.7% | 22.7% | 28.4% | 27.5% | 22.1% | 16.9% | 10.8% | 9.0% | 9.6% | 4.4% | 8.1% | 12.9% | 16.9% | 50.7% | 254.5% | 345.4% |
| Supplementary Data | ||||||||||||||||||||||||
| EPS | 1.01 | -0.62 | 1.62 | 2.54 | 2.20 | 1.58 | 0.97 | 0.87 | 0.50 | 0.75 | 0.90 | 0.82 | 0.62 | 0.45 | 0.24 | 0.19 | 0.24 | 0.15 | 0.29 | 0.51 | 0.68 | 0.57 | 0.47 | 0.47 |
| Diluted EPS | 1.01 | -0.62 | 1.62 | 2.54 | 2.20 | 1.57 | 0.97 | 0.87 | 0.49 | 0.75 | 0.89 | 0.81 | 0.62 | 0.45 | 0.24 | 0.19 | 0.24 | 0.15 | 0.29 | 0.50 | 0.68 | 0.57 | 0.47 | 0.47 |
| Weighted Average OS | 6.73M | 6.71M | 6.70M | 6.69M | 6.68M | 6.68M | 6.68M | 6.67M | 6.63M | 6.61M | 6.58M | 6.57M | 6.55M | 6.52M | 6.52M | 6.52M | 6.52M | 6.52M | 6.64M | 5.54M | 4.62M | 4.62M | 4.62M | 4.62M |
| EBITDA | $9.34M | -$4M | $15.67M | $24.26M | $21.29M | $15.37M | $9.37M | $8.39M | $6.26M | $8.76M | $10.65M | $9.76M | $7.97M | $6.58M | $4.87M | $3.95M | $4.35M | $2.61M | $4.13M | $5.57M | $5.95M | $5.04M | $4.07M | $3.76M |
| EBITDA Margin | 15.9% | -6.4% | 24.1% | 43.2% | 45.9% | 37.9% | 28.9% | 30.1% | 27.9% | 40.0% | 50.2% | 49.0% | 40.8% | 32.2% | 23.6% | 19.6% | 20.0% | 11.5% | 17.2% | 25.6% | 32.1% | 95.8% | 478.7% | 601.6% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | ||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||
| Cash and Cash Equivalents | $65.52M | $51.4M | $57.79M | $77.57M | $40.7M | $30.83M | $38.3M | $21.69M | $68.81M | $24.48M | $16.33M | $22.55M | $18.11M | $22.96M | $8.29M | $4.54M | $2.93M | $3.65M | $5.78M | $10.61M | $3.82M | $0 | $0 | $0 |
| Short-Term Investments | $0 | $60.07M | $76.33M | $83.78M | $69.37M | $67.95M | $54.24M | $70.17M | $78.77M | $107.77M | $128.6M | $124.72M | $113.57M | $125.71M | $88.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $65.52M | $111.47M | $134.12M | $161.35M | $110.07M | $98.78M | $92.54M | $91.87M | $147.58M | $132.25M | $144.93M | $147.28M | $131.68M | $148.67M | $96.95M | $4.54M | $2.93M | $3.65M | $5.78M | $10.61M | $3.82M | $0 | $0 | $0 |
| Accounts Receivable | $3.34M | $0 | $0 | $25.97M | $12.91M | $7.59M | $5.13M | $4.69M | $3.22M | $4.22M | $4.92M | $3.95M | $7.2M | $3.96M | $6.6M | $7.37M | $7.01M | $5.22M | $4.38M | $4.21M | $3.62M | $0 | $0 | $0 |
| Inventory | $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 Current Assets | -$3.34M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $65.52M | $111.47M | $134.12M | $187.32M | $122.98M | $106.37M | $97.67M | $96.56M | $150.8M | $136.47M | $149.84M | $151.23M | $138.88M | $152.63M | $103.55M | $11.92M | $9.94M | $8.88M | $10.16M | $14.81M | $7.44M | $0 | $0 | $0 |
| Long-Term Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment Net | $4.82M | $5.16M | $5.32M | $5.46M | $5.68M | $5.99M | $6.3M | $5.8M | $5.28M | $5.41M | $5.5M | $5.8M | $5.5M | $5.16M | $6.73M | $7.3M | $7.72M | $7.82M | $8.46M | $8.18M | $8.65M | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $4.12M | $4.12M | $4.12M | $4.12M | $4.12M | $4.12M | $4.12M | $4.12M | $4.12M | $4.12M | $4.12M | $4.12M | $4.12M | $4.12M | $4.12M | $4.12M | $4.12M | $4.12M | $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 | $0 | $4.12M | $0 | $0 | $0 |
| Long-Term Investments | $912.83M | $912.49M | $947.03M | $922.59M | $824.49M | $745.94M | $584.55M | $512.54M | $445.58M | $362.61M | $349.2M | $289.77M | $298.23M | $275.88M | $269.96M | $314.04M | $315.68M | $340.83M | $307.49M | $283.69M | $260.71M | $200.18M | $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 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $21.41M | $37.98M | $31.92M | -$4.14M | $820K | $3.43M | $3.34M | $3.08M | $5.08M | $5.08M | $4.7M | $8.75M | $7.35M | $7.11M | $3.26M | $10.55M | $2.94M | $2.94M | $9.96M | $2.16M | $64.82M | $47.59M | $0 | $0 |
| Total Long-Term Assets | $939.06M | $955.62M | $988.39M | $928.02M | $835.1M | $759.48M | $598.31M | $525.55M | $460.06M | $377.23M | $363.52M | $308.45M | $315.2M | $292.27M | $284.08M | $336.02M | $330.46M | $355.7M | $330.04M | $298.14M | $338.3M | $247.77M | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $232.89M | $219.67M |
| Total Assets | $1B | $1.07B | $1.12B | $1.12B | $958.08M | $865.85M | $695.98M | $622.1M | $610.86M | $513.7M | $513.37M | $459.68M | $454.07M | $444.9M | $387.63M | $347.93M | $340.4M | $364.58M | $340.19M | $312.95M | $345.74M | $247.77M | $232.89M | $219.67M |
| Liabilities | ||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $12.56M | $5.32M | $4.55M | $3.33M | $2.6M | $2.67M | $1.93M | $2.99M | $1.84M | $2.68M | $1.02M | $808K | $0 | $0 | $0 | $0 | $0 | $1.57M | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.18M | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$5.51M | $962.56M | $1.01B | $962.65M | $811.6M | $726.29M | $573.84M | $501.19M | $533.51M | $384.25M | $397.25M | $355.26M | $341.27M | $339.98M | $312.06M | $279.98M | $264.25M | $252.76M | $249.02M | $232.97M | $301.75M | $189.34M | $0 | $0 |
| Total Current Liabilities | $383K | $962.56M | $1.01B | $975.22M | $816.92M | $730.85M | $577.17M | $503.78M | $536.19M | $388.11M | $403.23M | $358.93M | $346.62M | $342.03M | $312.87M | $279.98M | $264.25M | $252.76M | $249.02M | $233.42M | $310.06M | $189.34M | $0 | $0 |
| Long-Term Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | $5.95M | $5.93M | $5.92M | $46.91M | $54.39M | $59.38M | $51.46M | $56.8M | $15M | $68.9M | $55.8M | $35M | $48.5M | $40M | $13.75M | $12M | $20.12M | $55.42M | $42.6M | $31.46M | $10.2M | $32.2M | $25.86M | $20.08M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.04M | $839K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $897.47M | $6.87M | $9.22M | $4.68M | $2.48M | $0 | $0 | -$1.04M | -$839K | -$1.93M | -$2.99M | -$1.84M | -$2.68M | $0 | $0 | $647K | $522K | $850K | -$41.74M | -$31.2M | -$1.57M | $849K | $0 | $0 |
| Total Long-Term Liabilities | $903.41M | $12.81M | $15.14M | $51.58M | $56.87M | $59.38M | $51.46M | $56.8M | $15M | $66.97M | $52.81M | $33.16M | $45.82M | $40M | $13.75M | $12.65M | $20.64M | $56.27M | $43.46M | $31.72M | $8.63M | $33.05M | $25.86M | $20.08M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $183.25M | $177.26M |
| Total Liabilities | $903.41M | $975.37M | $1.02B | $1.03B | $873.8M | $790.23M | $628.63M | $560.58M | $551.19M | $455.08M | $456.04M | $392.1M | $392.44M | $382.03M | $326.62M | $292.62M | $284.89M | $309.03M | $292.48M | $265.14M | $318.7M | $222.39M | $209.11M | $197.34M |
| Stockholders' Equity | ||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $13.67M | $13.67M | $13.67M | $13.67M | $8.12M | $7.99M | $7.87M | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $37.95M | $37.74M | $37.47M | $37.18M | $37.01M | $36.98M | $36.98M | $36.97M | $36.85M | $36.73M | $36.7M | $36.65M | $36.61M | $36.4M | $36.35M | $0 | $0 | $36.25M | $36.24M | $30M | $0 | $0 | $0 | $0 |
| Retained Earnings | $69.67M | $62.87M | $68.96M | $61.39M | $47.64M | $37.51M | $29.91M | $26.34M | $23.43M | $22.78M | $20.12M | $16.56M | $13.32M | $11.25M | $10.03M | $10.16M | $10.62M | $10.75M | $11.46M | $11.26M | $9.91M | $0 | $0 | $0 |
| Comprehensive Income & Other | -$6.45M | -$8.89M | -$8.75M | -$10.02M | -$376K | $1.14M | $457K | -$38.76M | -$37.44M | -$37.61M | -$36.2M | -$35.94M | -$38.57M | -$34.84M | -$35.39M | $98K | $4K | $54K | $16K | -$142K | -$266K | $0 | $0 | $0 |
| Other Stockholders' Equity | -$6.45M | -$8.89M | -$8.75M | -$10.02M | -$376K | $1.14M | $457K | -$1.79M | -$597K | -$885K | $501K | $14.37M | $11.71M | $15.22M | $14.63M | $45.15M | $44.89M | $8.54M | $16K | $6.56M | $17.13M | $25.39M | $23.78M | $22.32M |
| Total Equity | $101.17M | $91.72M | $97.68M | $88.55M | $84.28M | $75.63M | $67.34M | $61.52M | $59.68M | $58.62M | $57.33M | $67.58M | $61.63M | $62.87M | $61.01M | $55.31M | $55.51M | $55.55M | $47.72M | $47.81M | $27.04M | $25.39M | $23.78M | $22.32M |
| 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 |
| Total Liabilities and Equity | $1B | $1.07B | $1.12B | $1.12B | $958.08M | $865.85M | $695.98M | $622.1M | $610.86M | $513.7M | $513.37M | $459.68M | $454.07M | $444.9M | $387.63M | $347.93M | $340.4M | $364.58M | $340.19M | $312.95M | $345.74M | $247.77M | $232.89M | $219.67M |
| Supplementary Data | ||||||||||||||||||||||||
| Total Debt | $5.95M | $5.93M | $5.92M | $46.91M | $54.39M | $59.38M | $51.46M | $56.8M | $15M | $68.9M | $55.8M | $35M | $48.5M | $40M | $13.75M | $12M | $20.12M | $55.42M | $85.2M | $62.92M | $15.38M | $32.2M | $25.86M | $20.08M |
| Net Debt | -$59.58M | -$45.47M | -$51.87M | -$30.66M | $13.69M | $28.55M | $13.16M | $35.11M | -$53.81M | $44.42M | $39.47M | $12.45M | $30.39M | $17.04M | $5.46M | $7.46M | $17.19M | $51.77M | $79.42M | $52.31M | $11.55M | $32.2M | $25.86M | $20.08M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Operating Activities | |||||||||||||||||||||||
| Net Income | $6.8M | -$4.19M | $10.82M | $16.97M | $14.7M | $10.52M | $6.48M | $5.83M | $3.29M | $4.97M | $6.03M | $5.49M | $4.32M | $3.45M | $2.23M | $1.81M | $2.08M | $1.01M | $1.94M | $2.81M | $3.13M | $2.67M | $2.17M |
| Depreciation & Amortization | $380K | $392K | $385K | $391K | $408K | $433K | $498K | $346K | $339K | $312K | $390K | $425K | $617K | $710K | $1.08M | $766K | $809K | $891K | $820K | $711K | $632K | $510K | $390K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $292K | $0 | -$358K | -$996K | $0 | $0 | $0 | $0 | $0 | $3.15M | $0 | -$287K | -$245K | -$377K | -$50K |
| Stock-Based Compensation | $744K | -$409K | $16K | $614K | $460K | $62K | $235K | $156K | $21K | $21K | $24K | $34K | $43K | $44K | $41K | $36K | $24K | $13K | $3K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||
| Accounts Receivable | -$3.05M | -$1.27M | -$1.61M | -$3.62M | -$506K | -$1.5M | -$135K | -$907K | $531K | $1.7M | -$816K | $1.31M | -$687K | $2.21M | $150K | -$435K | -$1.75M | -$877K | -$317K | -$341K | $0 | $192K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$979K | $1.86M | -$7.09M | $6.93M | $310K | -$92K | -$744K | -$235K | $722K | -$1.06M | $1.16M | -$840K | $1.65M | $214K | $161K | $125K | -$328K | -$9K | $412K | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$615K | -$784K | -$485K | -$177K | $110K | $323K | $307K | $421K | $0 | $0 | $0 | $847K | $0 | $0 |
| Total Working Capital Change | -$4.03M | $592K | -$8.71M | $3.31M | -$196K | -$1.6M | -$879K | -$1.14M | $1.25M | $18K | -$442K | -$11K | $790K | $2.53M | $634K | -$3K | -$1.65M | -$886K | $95K | -$341K | $847K | $192K | -$420K |
| Other Non-Cash Items | $2.71M | $9.47M | -$4.9M | -$7.56M | -$7.9M | -$5.7M | $18.13M | -$1.44M | -$955K | -$94K | -$1.48M | -$1.07M | $0 | $0 | $2.82M | $3.72M | $3.68M | $4.64M | $618K | -$952K | $505K | $1.33M | -$36K |
| Net Cash from Operating | $6.59M | $5.85M | -$2.38M | $13.72M | $7.47M | $3.72M | $24.46M | $3.75M | $4.24M | $5.22M | $4.52M | $4.86M | $6.38M | $8.53M | $6.8M | $6.33M | $4.95M | $5.66M | $3.48M | $1.94M | $4.87M | $4.32M | $2.05M |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditures | -$47K | -$231K | -$240K | -$175K | -$91K | -$126K | -$996K | -$870K | -$205K | -$227K | -$85K | -$723K | -$962K | -$139K | -$190K | -$349K | -$759K | -$253K | -$1.14M | -$234K | -$734K | -$922K | -$1.56M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$10.31M | $0 | $5.5M | $0 | $0 | $5.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | -$3.58M | -$583K | -$34.03M | -$35.7M | -$65.91M | $0 | -$3.48M | -$16.97M | -$71.01M | -$19.51M | -$19.79M | -$24.22M | -$111.31M | -$85.98M | -$27.58M | -$24.88M | -$28.84M | -$17.01M | -$1.12M | -$17.26M | -$29.6M | $0 |
| Sales of Investments | $5.5M | $16.18M | $998K | $2.3M | $30.94M | $61.91M | $19.08M | $10.24M | $46.33M | $87.55M | $18.82M | $18.41M | $14.15M | $75.43M | $32.9M | $21.62M | $38.59M | $21.59M | $5.37M | $9.89M | $5.62M | $5.85M | $0 |
| Other Investing Activities | $73.52M | $24.42M | -$20.36M | -$85.28M | -$70.11M | -$164.52M | -$90.35M | -$65.44M | -$81.54M | -$10.69M | $0 | $6.17M | $0 | $0 | $5.89M | $4.05M | $7.3M | -$30.65M | -$13.23M | -$30.82M | -$33.99M | $1.77M | -$11.05M |
| Net Cash from Investing | $78.98M | $36.79M | -$20.18M | -$117.18M | -$74.95M | -$168.65M | -$72.26M | -$59.55M | -$52.39M | $5.62M | -$56.93M | $4.07M | -$16.91M | -$49.81M | -$47.39M | -$2.25M | $20.24M | -$38.15M | -$26.01M | -$22.29M | -$46.36M | -$22.89M | -$12.61M |
| Financing Activities | |||||||||||||||||||||||
| Debt Repaid | - | - | $41M | $7.5M | $5M | -$41M | -$18.36M | - | - | -$4M | $15M | -$6M | -$15M | $7M | - | - | $11M | -$5M | -$37M | -$13M | $17M | $16.53M | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $33K | $0 | $14K | $120K | $121K | $1K | $0 | $0 | $169K | $0 | $0 | $0 | $0 | $0 | $259K | $19.3M | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $5.32M | $0 | $0 | $0 | -$13.75M | $0 | $0 | $0 | -$8.5M | $0 | $0 | -$6K | -$881K | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | -$1.9M | -$3.25M | -$3.23M | -$2.99M | -$2.91M | -$2.91M | -$2.91M | -$2.75M | -$2.31M | -$2.29M | -$2.1M | -$2M | -$1.71M | -$1.71M | -$1.71M | -$1.71M | -$1.71M | -$1.74M | -$1.47M | -$1.21M | -$1.01M | $0 |
| Other Financing Activities | -$71.45M | -$47.13M | $47.04M | $151.06M | $85.31M | $152.46M | $72.66M | -$32.2M | $149.38M | -$12.99M | $42.02M | $13.99M | $264K | $28.95M | $31.77M | $15.72M | $11.49M | -$13.23M | -$1.65M | -$46.13M | $112.42M | $17.9M | $11.15M |
| Net Cash from Financing | -$71.45M | -$49.03M | $2.79M | $140.33M | $77.35M | $157.46M | $64.41M | $6.68M | $92.73M | -$2.2M | $46.69M | -$1.75M | $6.68M | $52.97M | $36.4M | $5.47M | -$25.91M | $23.34M | $24.56M | -$34.6M | $93.79M | $12.36M | $11.15M |
| 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 |
| Net Change in Cash | $14.12M | -$6.39M | -$19.78M | $36.87M | $9.87M | -$7.47M | $16.61M | -$49.12M | $44.58M | $8.65M | -$5.73M | $7.18M | -$3.85M | $11.69M | -$4.19M | $9.55M | -$717K | -$9.15M | $2.2M | -$54.95M | $52.3M | -$6.21M | $590K |
| Supplementary Data | |||||||||||||||||||||||
| Operating Cash Flow | $6.59M | $5.85M | -$2.38M | $13.72M | $7.47M | $3.72M | $24.46M | $3.75M | $4.24M | $5.22M | $4.52M | $4.86M | $6.38M | $8.53M | $6.8M | $6.33M | $4.95M | $5.66M | $3.48M | $1.94M | $4.87M | $4.32M | $2.05M |
| Capital Expenditure | -$47K | -$231K | -$240K | -$175K | -$91K | -$126K | -$996K | -$870K | -$205K | -$227K | -$85K | -$723K | -$962K | -$139K | -$190K | -$349K | -$759K | -$253K | -$1.14M | -$234K | -$734K | -$922K | -$1.56M |
| Free Cash Flow | $6.55M | $5.62M | -$2.62M | $13.54M | $7.38M | $3.59M | $23.46M | $2.88M | $4.04M | $5M | $4.43M | $4.14M | $5.42M | $8.39M | $6.61M | $5.98M | $4.19M | $5.41M | $2.34M | $1.94M | $4.14M | $3.4M | $490K |
| Cash at Beginning | $51.4M | $57.79M | $77.57M | $40.7M | $30.83M | $38.3M | $21.69M | $70.81M | $26.23M | $17.58M | $23.31M | $16.13M | $19.98M | $8.29M | $12.48M | $2.93M | $3.65M | $12.8M | $10.61M | $65.56M | $13.25M | $19.46M | $0 |
| Cash at End | $65.52M | $51.4M | $57.79M | $77.57M | $40.7M | $30.83M | $38.3M | $21.69M | $70.81M | $26.23M | $17.58M | $23.31M | $16.13M | $19.98M | $8.29M | $12.48M | $2.93M | $3.65M | $12.8M | $10.61M | $65.55M | $13.25M | $590K |