Star Equity Holdings, Inc. (STRR)
Star Equity Holdings, Inc. operates as a diversified multi-industry holding company in Australia, the United States, the United Kingdom, and internationally. It operates through four segments: Building Solutions, Business Services, Energy Services, and Investments. The company manufactures modular buildings, structural wall panels, engineered wood products, and glue-laminated timber for residential, commercial, and industrial markets; and distributes building materials. It also provides customized recruitment and contracting solutions, including recruitment process outsourcing (RPO), project-based RPO, contingent workforce solutions, recruitment consulting, outsourced professional contract staffing, and managed service provider services for mid-to-large multinational companies. In addition, the company engages in the manufacture and supply of specialized drilling tools and downhole equipment used in directional drilling, and other oil and gas well construction applications; and sales and rental of tools in the oil and gas, geothermal, mining, and waterwells sectors. Further, it holds and manages its corporate-owned real estate, as well as investments in various publicly traded and private companies. The company was formerly known as Hudson Global, Inc. and changed its name to Star Equity Holdings, Inc. in September 2025. Star Equity Holdings, Inc. was incorporated in 2003 and is headquartered in Old Greenwich, Connecticut.
Sector: Services-Help Supply Services
Industry: Conglomerates
Star Equity Holdings, Inc.
+4.07%$10.74
NASDAQ:STRRHealthcare
Mkt Cap$39.62M
Float2.43M
O/S3.69M
Inst Own26.0%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$172.16M
Net Income-$5.92M
Total Assets$113.23M
Free Cash Flow-$8.96M
Debt & Equity
Debt 32%
Equity 68%
Preferred 0%
Total Debt$28.2M
Total Equity$59.8M
Preferred Stock$3K
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse
- 1:5Reverse splitJun 17, 20245 shares → 1
- 1:10Reverse splitJun 5, 201910 shares → 1
Balance Sheet Details
Assets$108.24M
Liabilities$48.44M
Accounts Receivable$35.18M
Accounts Payable$5.35M
Inventory$6.95M
PP&E (Net)$30.32M
Goodwill$5.9M
Intangible Assets$1.35M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 |
| Revenue | $172.16M | $53.36M | $161.34M | $200.92M | $106.56M | $78.16M | $72.93M | $104.18M | $104.63M | $125.47M | $60.83M | $55.61M | $49.38M | $50.51M | $933.74M | $794.54M | $69.6M | $1.08B | $73.95M | $71.93M | $68.19M | $68.14M | $56.24M | $41.53M | $28.3M | $7.08M |
| YoY Growth | 22264.3% | -6692.7% | -1969.9% | 8855.0% | 3632.9% | 716.9% | -2999.2% | -43.2% | -1660.6% | 10627.2% | 938.4% | 1262.2% | -225.1% | -9459.0% | 1751.9% | 104164.9% | -9355.7% | 136081.8% | 281.0% | 548.5% | 7.2% | 2116.2% | 3540.6% | 4673.2% | 30006.2% | - |
| Cost of Revenue | $93.5M | $42.3M | $81.07M | $101.71M | $91.32M | $64.18M | $55.77M | $85.91M | $83.44M | $89.69M | $42.92M | $38.97M | $35.26M | $37.42M | $585.68M | $504.15M | $49.37M | $630.89M | $53.43M | $52.87M | $52.94M | $46.38M | $39.67M | $30.36M | $21.83M | $10.74M |
| Gross Profit | $78.66M | $11.05M | $80.27M | $99.21M | $15.24M | $13.99M | $17.16M | $18.27M | $21.2M | $35.77M | $17.91M | $16.64M | $14.12M | $13.09M | $348.05M | $290.39M | $20.23M | $449.34M | $20.52M | $19.06M | $15.25M | $21.76M | $16.57M | $11.18M | $6.47M | -$3.66M |
| Gross Margin | 4568.9% | 2071.8% | 4975.1% | 4937.9% | 1430.2% | 1789.5% | 2352.8% | 1753.8% | 2025.8% | 2851.2% | 2944.3% | 2992.4% | 2858.9% | 2591.8% | 3727.5% | 3654.8% | 2906.1% | 4159.6% | 2774.7% | 2649.8% | 2235.9% | 3193.4% | 2946.1% | 2691.1% | 2285.7% | -5177.4% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.02M | $3.72M | $2.74M | $2.88M | $3.36M | $2.76M | $3.07M | $3.89M | $3.68M | $2.98M | $2.19M | $2.97M | $3.01M | $2.37M |
| Selling, General, and Administrative | $82.34M | $16.99M | $77.42M | $88.5M | $22.59M | $18.64M | $15.9M | $20.46M | $24.84M | $30.04M | $14.63M | $13.07M | $12.53M | $14.24M | $15.36M | $14.93M | $15.9M | $20.36M | $19.59M | $23.36M | $22.05M | $17.39M | $14.22M | $18.04M | $0 | $6.46M |
| Other | $0 | $2.48M | $1.47M | $1.38M | $4.24M | $2.56M | $3.17M | $2.36M | $1.66M | $2.65M | $506K | $1.05M | $391K | $233K | $311.8M | $276.51M | $909K | $420.86M | $697K | $27K | $520K | $800K | $444K | $1.01M | $20.41M | $440K |
| Total Operating Expenses | $82.34M | $19.47M | $78.88M | $89.87M | $26.84M | $21.2M | $19.07M | $22.82M | $26.5M | $32.69M | $15.13M | $14.12M | $13.95M | $18.19M | $329.9M | $294.31M | $20.17M | $443.99M | $23.36M | $27.28M | $26.25M | $21.18M | $16.85M | $22.02M | $23.42M | $9.28M |
| Operating Income (EBIT) | -$3.69M | -$8.41M | $1.38M | $9.34M | -$11.6M | -$7.21M | -$1.91M | -$4.54M | -$5.3M | $3.08M | $2.77M | $2.52M | $171K | -$5.1M | $18.16M | -$3.92M | -$29.72M | $5.35M | -$2.84M | -$8.22M | -$11M | $582K | -$284K | -$10.85M | -$16.95M | -$12.94M |
| Operating Margin | -214.2% | -1577.1% | 85.7% | 464.7% | -1088.1% | -922.2% | -261.7% | -436.3% | -506.4% | 245.9% | 456.1% | 452.8% | 34.6% | -1009.2% | 194.4% | -49.4% | -4270.9% | 49.5% | -384.2% | -1143.4% | -1613.7% | 85.4% | -50.5% | -2611.7% | -5986.9% | -18288.3% |
| Interest Expense | $0 | $0 | $0 | $0 | $905K | $1.29M | $746K | $751K | $730K | $1.41M | $296K | $39K | $15K | $4K | $1.14M | $0 | $9K | $32K | $0 | $0 | $0 | $888K | $0 | $0 | $0 | $0 |
| Interest Income | $260K | $633K | $372K | $83K | $0 | $0 | $0 | $0 | $0 | $0 | $272K | $58K | $63K | $101K | $0 | $378K | $499K | $851K | $0 | $2.1M | $1.68M | $576K | $35K | $0 | $0 | $0 |
| Other Income (Expense) | -$168K | -$1.76M | $1.19M | $123K | $2.72M | $2.05M | -$1.03M | -$855K | -$1.75M | -$1.2M | -$257K | $19K | $48K | $174K | -$1.91M | $965K | -$18.98M | -$74.13M | $1.47M | $1.93M | $1.38M | -$337K | -$1.4M | -$1.92M | $16.95M | $12.94M |
| Income Before Tax (EBT) | -$3.86M | -$10.18M | $2.57M | $9.46M | -$8.87M | -$5.16M | -$2.94M | -$5.4M | -$7.05M | $1.89M | $2.52M | $2.54M | $219K | -$4.92M | $16.25M | -$2.96M | -$48.7M | -$68.78M | -$1.38M | -$6.29M | -$9.62M | $245K | -$1.68M | -$12.77M | $0 | $0 |
| Income Tax Expense | $2.06M | $263K | $370K | $2.33M | $60K | $129K | -$199K | -$1.56M | $27.99M | -$12.42M | -$19.12M | $62K | -$45K | $0 | $5.34M | $1.48M | -$5.75M | $8.63M | $0 | $0 | $0 | $0 | -$1.68M | -$12.77M | $19.91M | $13.48M |
| Net Income | -$5.92M | -$10.44M | $2.2M | $7.13M | -$2.98M | -$6.46M | -$4.63M | $736K | -$35.73M | $14.3M | $21.64M | $2.48M | $264K | -$4.92M | -$3.34M | -$6.21M | -$40.61M | -$6.87M | -$1.38M | -$6.29M | -$9.62M | $245K | -$1.68M | -$12.77M | -$19.91M | -$13.48M |
| Net Income Margin | -343.7% | -1956.2% | 136.2% | 354.8% | -279.9% | -826.1% | -634.4% | 70.6% | -3414.8% | 1139.9% | 3557.7% | 445.1% | 53.5% | -974.8% | -35.8% | -78.2% | -5835.0% | -63.6% | -186.1% | -874.5% | -1410.7% | 36.0% | -298.8% | -3075.2% | -7034.5% | -19047.3% |
| Supplementary Data | ||||||||||||||||||||||||||
| EPS | -2.08 | -3.97 | 0.53 | 2.37 | -0.96 | -2.29 | -2.56 | -1.82 | -17.87 | 36.50 | 56.50 | 0.13 | 0.10 | -2.60 | -1.75 | -3.31 | 0.03 | -3.62 | -0.73 | -3.35 | -5.21 | 0.10 | -1069.58 | -3923.73 | -6116.98 | -4140.09 |
| Diluted EPS | -2.08 | -3.97 | 0.53 | 2.27 | -0.96 | -2.29 | -2.56 | -1.82 | -17.87 | 35.50 | 55.00 | 6.50 | 0.10 | -2.55 | -1.75 | -3.31 | 0.03 | -3.62 | -0.73 | -3.35 | -5.21 | 0.05 | -516.22 | -3923.73 | -6116.98 | -4140.09 |
| Weighted Average OS | 3.20M | 3.15M | 4.13M | 3.01M | 5.08M | 3.66M | 2.04M | 2.02M | 2.00M | 1.96M | 1.92M | 1.86M | 1.88M | 1.89M | 1.91M | 1.88M | 1.88M | 1.90M | 1.88M | 1.88M | 1.85M | 1.01M | 1,571 | 3,255 | 3,255 | 3,255 |
| EBITDA | -$1.78M | -$6.57M | $4.04M | $10.71M | -$7.37M | $5.55M | $5.88M | $4.07M | $4.75M | $15.17M | $4.98M | $5.14M | $2.24M | -$2.87M | -$147K | -$1.99M | $5.55M | -$426K | $2.32M | -$3.5M | -$5.74M | $4.42M | $2.97M | -$6.9M | $3.46M | -$12.74M |
| EBITDA Margin | -103.3% | -1231.8% | 250.1% | 533.3% | -691.5% | 710.4% | 806.5% | 390.9% | 453.5% | 1209.0% | 819.1% | 925.2% | 454.5% | -567.4% | -1.6% | -25.0% | 798.2% | -3.9% | 314.3% | -486.8% | -841.7% | 648.3% | 528.3% | -1660.5% | 1222.8% | -18014.1% |
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 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 | 2000-12-31 |
| Assets | |||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||
| Cash and Cash Equivalents | $12.09M | $17.01M | $22.61M | $27.12M | $21.71M | $3.23M | $1.75M | $1.54M | $1.88M | $2.2M | $15.87M | $14.05M | $18.74M | $19.51M | $24.04M | $20.46M | $13.56M | $13.53M | $14.92M | $10.07M | $16.3M | $11.35M | $7.68M | $6.99M | $0 |
| Short-Term Investments | $3.77M | $0 | $0 | $0 | $0 | $0 | $26K | $153K | $97K | $917K | $3.23M | $7.93M | $7.67M | $7.68M | $6.41M | $9.79M | $18.25M | $14.76M | $16.74M | $34.26M | $33.2M | $44.22M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $15.86M | $17.01M | $22.61M | $27.12M | $21.71M | $3.23M | $1.77M | $1.7M | $1.97M | $3.12M | $19.09M | $21.99M | $26.42M | $27.19M | $30.45M | $30.25M | $31.81M | $28.28M | $31.66M | $44.33M | $49.51M | $55.56M | $7.68M | $6.99M | $0 |
| Accounts Receivable | $35.48M | $20.09M | $19.71M | $26.27M | $25.75M | $12.97M | $12.92M | $12.64M | $15.89M | $14.5M | $7.27M | $5.99M | $5.43M | $6.33M | $6.32M | $7.53M | $7.55M | $9.32M | $8.54M | $7.53M | $8.13M | $10.02M | $12.2M | $7.87M | $0 |
| Inventory | $6.99M | $0 | $0 | $0 | $0 | $9.79M | $7.03M | $5.4M | $5.5M | $5.99M | $4.38M | $3.64M | $3.88M | $4.98M | $6.18M | $5.43M | $6.4M | $4.98M | $5.46M | $5.86M | $5.14M | $6.98M | $3.71M | $5.75M | $0 |
| Other Current Assets | $4.17M | $3.04M | $3.53M | $2.12M | $222K | $22.95M | $7.83M | $1.45M | $2.21M | $3.47M | $997K | $1.33M | $941K | $886K | $1.05M | $1.04M | $1.23M | $3.1M | $1.79M | $1.5M | $1.69M | $1.62M | $854K | $503K | $0 |
| Total Current Assets | $62.49M | $40.14M | $45.85M | $55.51M | $49.16M | $48.94M | $29.55M | $21.19M | $25.58M | $27.08M | $31.75M | $32.95M | $36.67M | $39.39M | $44M | $44.24M | $47M | $45.69M | $47.44M | $59.22M | $64.46M | $74.18M | $24.44M | $21.11M | $0 |
| Long-Term Assets | |||||||||||||||||||||||||
| Property, Plant & Equipment Net | $30.29M | $1.27M | $1.85M | $1.36M | $848K | $12.7M | $12.52M | $21.64M | $28.36M | $31.41M | $6.25M | $4.77M | $4.15M | $4.69M | $5.37M | $7.18M | $10.26M | $13.43M | $16.23M | $9.57M | $9.58M | $11.18M | $10.09M | $11.11M | $0 |
| Goodwill | $5.94M | $5.7M | $5.75M | $4.88M | $4.22M | $9.54M | $9.98M | $1.75M | $2.39M | $6.24M | $2.9M | $1.34M | $184K | $184K | $184K | $184K | $184K | $184K | $2.65M | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $1.69M | $2.49M | $3.63M | $4.52M | $5.49M | $16.9M | $19.02M | $5.23M | $7.83M | $11.63M | $3.08M | $2.58M | $353K | $584K | $477K | $808K | $1.24M | $1.83M | $2.63M | $428K | $402K | $542K | $512K | $895K | $0 |
| Long-Term Investments | $10.9M | $0 | $0 | $0 | $0 | $0 | $0 | $275K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $1.91M | $2.65M | $3.36M | $1.48M | $1.34M | $0 | $0 | $0 | $0 | $27.02M | $18.58M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $12K | $335K | $522K | $206K | $182K | $1.38M | $19.49M | $507K | $2.54M | $2.89M | $1.56M | $269K | $92K | $61K | $0 | $0 | $0 | $60K | $60K | $60K | $60K | $120K | $120K | $0 | $0 |
| Total Long-Term Assets | $50.74M | $12.44M | $15.11M | $12.43M | $12.08M | $40.52M | $61.01M | $29.4M | $41.13M | $79.18M | $32.37M | $8.95M | $4.78M | $5.52M | $6.03M | $8.18M | $11.69M | $15.51M | $21.58M | $10.06M | $10.04M | $11.84M | $10.72M | $12.01M | $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 | $0 | $0 | $23.05M |
| Total Assets | $113.23M | $52.58M | $60.96M | $67.94M | $61.24M | $89.46M | $90.56M | $50.59M | $66.7M | $106.26M | $64.11M | $41.9M | $41.45M | $44.91M | $50.03M | $52.42M | $58.69M | $61.2M | $69.02M | $69.28M | $74.5M | $86.02M | $35.16M | $33.12M | $23.05M |
| Liabilities | |||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||
| Accounts Payable | $4.77M | $1.79M | $868K | $1.68M | $871K | $4.95M | $6.46M | $5.21M | $5.21M | $6.51M | $1.37M | $1.42M | $611K | $1.55M | $1.33M | $1.87M | $1.8M | $2.2M | $2.65M | $2.64M | $2.15M | $4.31M | $3.04M | $2.15M | $0 |
| Short-Term Debt | $9.13M | $0 | $0 | $1.25M | $750K | $20.67M | $22.25M | $0 | $0 | $5.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $213K | $269K | $766K | $2.23M | $11.72M | $8.17M | $0 |
| Current Income Tax Payable | $0 | $263K | $398K | $764K | $550K | $453K | $1.18M | $324K | $404K | $440K | $268K | $197K | $275K | $211K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $1.5M | $129K | $96K | $170K | $533K | $2.18M | $1.78M | $1.69M | $2.3M | $3.12M | $1.67M | $1.64M | $1.63M | $1.85M | $2.1M | $2.38M | $2.59M | $2.72M | $2.91M | $2.77M | $2.86M | $2.34M | $1.51M | $1.33M | $0 |
| Other Current Liabilities | $6.91M | $0 | $0 | $75K | $0 | $10.7M | $8.23M | $3.86M | $6.34M | $3.96M | $2.45M | $3.26M | $3.47M | $2.36M | $2.29M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $29.83M | $11.22M | $11.21M | $21.12M | $19.69M | $42.99M | $44.48M | $13.22M | $16.97M | $22.67M | $8.71M | $8.29M | $7.63M | $8.28M | $8.41M | $8.32M | $9.17M | $12.09M | $13.53M | $13.43M | $13.8M | $15.16M | $21.86M | $17.33M | $0 |
| Long-Term Liabilities | |||||||||||||||||||||||||
| Long-Term Debt | $6.06M | $0 | $0 | $0 | $1.25M | $3.7M | $740K | $9.5M | $19.5M | $16.07M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $99K | $368K | $1.75M | $4.72M | $5.77M | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $126K | $138K | $127K | $142K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $51K | $11K | $121K | $254K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $407K | $492K | $530K | $680K | $865K | $1.06M | $3.43M | $1.96M | $2.18M | $1.04M | $1.25M | $963K | $440K | $176K | $0 | $0 | $0 | $0 | $234K | $302K | $348K | $371K | $84.28M | $83.95M | $0 |
| Total Long-Term Liabilities | $17.7M | $933K | $1.19M | $1.03M | $2.23M | $6.54M | $5.39M | $11.58M | $21.93M | $17.11M | $1.25M | $963K | $440K | $176K | $126K | $138K | $127K | $142K | $234K | $401K | $716K | $2.13M | $89M | $89.72M | $0 |
| 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 | $66.53M |
| Total Liabilities | $47.52M | $12.15M | $12.4M | $22.15M | $21.93M | $49.53M | $49.86M | $24.79M | $38.9M | $39.78M | $9.96M | $9.26M | $8.06M | $8.46M | $8.54M | $8.46M | $9.3M | $12.24M | $13.77M | $13.83M | $14.52M | $17.29M | $110.86M | $107.05M | $66.53M |
| Stockholders' Equity | |||||||||||||||||||||||||
| Preferred Stock | $3K | $0 | $0 | $0 | $0 | $21.5M | $19.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $5K | $4K | $4K | $4K | $4K | $0 | $0 | $0 | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $0 | $24 | $14 | $0 |
| Retained Earnings | -$435.93M | -$430.02M | -$425.25M | -$427.39M | -$434.52M | -$124.99M | -$118.53M | -$113.88M | -$114.63M | -$79.44M | -$93.74M | -$115.38M | -$117.85M | -$118.12M | -$113.19M | -$109.85M | -$103.64M | -$104.25M | -$97.38M | -$96M | -$89.72M | -$80.1M | -$80.18M | -$78.17M | $0 |
| Comprehensive Income & Other | -$1.36M | -$2.72M | -$1.29M | -$1.64M | -$85K | $0 | $0 | -$22K | -$5K | -$52K | -$240K | -$19K | -$2K | $17K | $33K | $63K | $149K | -$22K | $123K | -$91K | -$500K | -$1.02M | -$554K | $0 | $0 |
| Other Stockholders' Equity | $501.64M | $470.44M | $473.8M | $473.18M | $473.83M | $164.91M | $159.23M | $139.68M | $142.43M | $145.92M | $147.89M | $148.02M | $151.24M | $154.56M | $154.68M | $153.81M | $153.03M | $153.2M | $152.63M | $151.45M | $149.7M | $148.83M | $4.48M | $4.25M | -$43.48M |
| Total Equity | $65.71M | $40.43M | $48.55M | $45.79M | $39.32M | $39.93M | $40.7M | $25.8M | $27.8M | $66.48M | $54.16M | $32.65M | $33.39M | $36.45M | $41.49M | $43.96M | $49.39M | $48.96M | $55.25M | $55.45M | $59.99M | $68.73M | -$75.7M | -$73.93M | -$43.48M |
| 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 |
| Total Liabilities and Equity | $113.23M | $52.58M | $60.96M | $67.94M | $61.24M | $89.46M | $90.56M | $50.59M | $66.7M | $106.26M | $64.11M | $41.9M | $41.45M | $44.91M | $50.03M | $52.42M | $58.69M | $61.2M | $69.02M | $69.28M | $74.5M | $86.02M | $35.16M | $33.12M | $23.05M |
| Supplementary Data | |||||||||||||||||||||||||
| Total Debt | $26.42M | $1.06M | $1.43M | $1.94M | $2.48M | $27.97M | $25.9M | $10.29M | $20.3M | $22.07M | $724K | $348K | $174K | $41K | $0 | $0 | $0 | $0 | $213K | $368K | $1.13M | $3.98M | $16.44M | $13.93M | $0 |
| Net Debt | $14.33M | -$15.95M | -$21.18M | -$25.19M | -$19.23M | $24.74M | $24.16M | $8.74M | $18.42M | $19.86M | -$15.14M | -$13.7M | -$18.57M | -$19.47M | -$24.04M | -$20.46M | -$13.56M | -$13.53M | -$14.71M | -$9.7M | -$15.17M | -$7.37M | $8.76M | $6.94M | $0 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Operating Activities | ||||||||||||||||||||||||
| Net Income | -$5.92M | -$10.44M | $25.13M | -$5.25M | -$8.14M | -$6.46M | -$4.98M | -$5.42M | -$35.73M | $14.3M | $21.64M | $2.48M | $264K | -$4.92M | -$3.34M | -$6.21M | $608K | -$6.87M | -$1.38M | -$6.29M | -$9.62M | $245K | -$1.68M | -$12.77M |
| Depreciation & Amortization | $2.08M | $3.6M | $1.47M | $1.38M | $597K | $9.42M | $8.07M | $8.72M | $11.06M | $9.89M | $2.44M | $1.94M | $1.91M | $2.13M | $3.1M | $4.25M | $5.18M | $6.41M | $5.17M | $4.72M | $5.26M | $3.28M | $3.25M | $3.95M |
| Deferred Income Tax | $942K | $16K | -$613K | $103K | $22K | $43K | -$363K | -$133K | $27.53M | -$12.48M | -$18.6M | $0 | -$2.11M | $0 | $0 | $794K | $747K | -$626K | -$739K | -$1.49M | -$497K | -$1.11M | $0 | $0 |
| Stock-Based Compensation | $1.5M | $240K | $340K | $438K | $527K | $524K | $540K | $634K | $852K | $1.02M | $616K | $326K | $340K | $630K | $800K | $891K | $606K | $716K | $905K | $1.57M | $497K | $1.11M | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||
| Accounts Receivable | -$2.59M | -$1.13M | $3.74M | -$2.66M | -$3.7M | $1.23M | -$3.33M | $3.03M | -$1.57M | -$1.14M | -$1.25M | -$614K | $1.05M | $21K | $970K | -$806K | $1.71M | -$1.44M | -$49K | $598K | $1.89M | $2.18M | -$4.33M | -$3.07M |
| Inventory | $2.11M | $859K | $1.01M | -$2.1M | $1.26M | -$2.57M | -$30K | -$12K | $409K | -$1.35M | -$811K | $300K | $1.14M | $1.06M | -$1.05M | $1.28M | -$1.56M | $477K | $398K | -$724K | $1.84M | -$3.27M | $2.04M | $2.87M |
| Accounts Payable | -$2.54M | $1.03M | $1.12M | -$844K | -$1M | -$2.46M | -$463K | $25K | $0 | $439K | -$203K | $776K | -$935K | $216K | -$364K | $74K | -$400K | -$453K | $4K | $491K | -$2.16M | $1.28M | $0 | $0 |
| Other Working Capital | -$2.42M | -$2.52M | -$3.01M | -$250K | -$685K | -$4.71M | $403K | -$2.38M | $858K | -$1.46M | -$566K | -$1.35M | $13K | -$219K | $431K | -$872K | -$2.14M | -$1.31M | -$495K | -$221K | $2.32M | $1.15M | $633K | -$1.43M |
| Total Working Capital Change | -$5.43M | -$1.76M | $2.86M | -$5.85M | -$4.13M | -$8.52M | -$3.42M | $655K | -$300K | -$3.51M | -$2.83M | -$888K | $1.26M | $1.07M | -$9K | -$324K | -$2.39M | -$2.72M | -$142K | $144K | $3.89M | $1.34M | -$1.65M | -$1.62M |
| Other Non-Cash Items | -$422K | $3.16M | -$26.49M | $5.33M | $4.67M | $37K | $540K | $612K | $2.65M | $1.61M | $448K | $432K | $532K | $6K | $420K | $832K | $58K | $5.46M | $905K | $1.57M | $575K | $1.15M | $234K | $606K |
| Net Cash from Operating | -$7.25M | -$5.18M | $2.7M | -$3.86M | -$6.45M | -$4.95M | $400K | $5.06M | $6.07M | $10.83M | $3.72M | $4.28M | $2.2M | -$1.08M | $965K | $229K | $4.81M | $2.37M | $4.72M | $233K | $111K | $6.01M | $158K | -$9.83M |
| Investing Activities | ||||||||||||||||||||||||
| Capital Expenditures | -$1.7M | -$2.86M | -$698K | -$1.19M | -$788K | -$1.49M | -$6.69M | -$2.16M | -$2.53M | -$6.18M | -$1.42M | -$1.26M | -$726K | -$936K | -$709K | -$1.44M | -$1.01M | -$5.06M | -$8.61M | -$4.59M | -$3.08M | -$4.21M | -$1.8M | -$1.65M |
| Acquisitions | $7.44M | -$19.68M | -$2.77M | $27K | -$300K | $161K | -$1M | $8.77M | $167K | -$25.48M | $3K | -$3.45M | $0 | -$475K | $0 | $0 | $0 | $314K | -$8.8M | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$1.54M | -$257K | -$1.52M | -$4.36M | -$334K | $0 | $140K | -$13K | -$18K | $0 | -$1M | -$2.62M | -$4.68M | -$4.89M | -$13.09M | -$5.48M | -$20.36M | -$16.95M | -$2.8M | -$19.51M | -$30.03M | -$77.97M | $0 | $0 |
| Sales of Investments | $228K | $1M | $253K | $27K | $42K | $0 | $140K | $0 | $917K | $2.29M | $4.6M | $2.14M | $4.47M | $3.46M | $16.14M | $13.57M | $16.59M | $18.47M | $20.5M | $18.45M | $40.48M | $33.52M | $0 | $0 |
| Other Investing Activities | $149K | $9.74M | $20.91M | $405K | $19.18M | $0 | $1.59M | $2.1M | $0 | $266K | $18K | $103K | $1.7M | $118K | $165K | $55K | $1.02M | -$314K | $45K | -$94K | -$17K | -$94K | -$181K | -$113K |
| Net Cash from Investing | $4.57M | -$12.04M | $16.18M | -$5.09M | $17.8M | -$1.33M | -$5.82M | $8.69M | -$1.47M | -$29.11M | $2.2M | -$5.08M | $766K | -$2.71M | $2.52M | $6.71M | -$3.76M | -$3.54M | $336K | -$5.74M | $7.35M | -$48.75M | -$1.98M | -$1.77M |
| Financing Activities | ||||||||||||||||||||||||
| Debt Repaid | -$1.87M | -$6.25M | $1.15M | $1.89M | $8.24M | -$3.21M | -$3.48M | $10.81M | $3.38M | -$11.47M | $593K | $369K | $89K | - | - | $36K | $52K | $232K | $268K | $766K | $2.85M | $3.1M | -$2.51M | -$1.03M |
| Common Stock Issuance | $0 | $0 | $5K | $13.2M | $2.74M | $5.17M | $3M | $26K | $5K | $822K | $624K | $188K | $919K | $300K | $119K | $44K | $36K | $6K | $66K | $43K | $345K | $58.87M | $5K | $15.6M |
| Common Stock Repurchases | -$2.64M | -$279K | $0 | -$5K | $0 | -$10K | -$4.59M | $0 | $0 | $0 | $0 | $0 | -$3.64M | -$1.03M | -$19K | -$48K | -$991K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.32M | -$4.2M | -$3.91M | -$3.83M | -$3.71M | -$925K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$451K | -$22K | -$16K | -$455K | -$55K | -$327K | $6.78M | -$50K | -$493K | -$3.77M | -$300K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | -$1.96M | $3.91M | -$3.07M | $8.94M | -$9.97M | $8.06M | $5.67M | -$14.16M | -$8.06M | $4.61M | -$4.1M | -$3.89M | -$3.74M | -$728K | $100K | -$40K | -$1.01M | -$226K | -$202K | -$723K | -$2.5M | $46.41M | $2.51M | $16.62M |
| Forex Effect | -$756K | $0 | -$1.38M | -$288K | $46K | -$369K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$5.4M | -$13.31M | $14.43M | -$297K | $1.42M | $1.41M | $248K | -$407K | $17K | -$13.66M | $1.82M | -$4.69M | -$770K | -$4.53M | $3.58M | $6.9M | $35K | -$1.4M | $4.85M | -$6.23M | $4.96M | $3.67M | $694K | $5.02M |
| Supplementary Data | ||||||||||||||||||||||||
| Operating Cash Flow | -$7.25M | -$5.18M | $2.7M | -$3.86M | -$6.45M | -$4.95M | $400K | $5.06M | $6.07M | $10.83M | $3.72M | $4.28M | $2.2M | -$1.08M | $965K | $229K | $4.81M | $2.37M | $4.72M | $233K | $111K | $6.01M | $158K | -$9.83M |
| Capital Expenditure | -$1.7M | -$2.86M | -$698K | -$1.19M | -$788K | -$1.49M | -$6.69M | -$2.16M | -$2.53M | -$6.18M | -$1.42M | -$1.26M | -$726K | -$936K | -$709K | -$1.44M | -$1.01M | -$5.06M | -$8.61M | -$4.59M | -$3.08M | -$4.21M | -$1.8M | -$1.65M |
| Free Cash Flow | -$8.96M | -$8.04M | $2M | -$5.05M | -$7.24M | -$6.45M | -$6.29M | $2.9M | $3.54M | $4.65M | $2.3M | $3.02M | $1.48M | -$2.02M | $256K | -$1.21M | $3.79M | -$2.69M | -$3.89M | -$4.36M | -$2.97M | $1.8M | -$1.64M | -$11.49M |
| Cash at Beginning | $17.49M | $18.95M | $4.52M | $4.82M | $3.39M | $1.99M | $1.81M | $2.22M | $2.2M | $15.87M | $14.05M | $18.74M | $19.51M | $24.04M | $20.46M | $13.56M | $13.53M | $14.92M | $10.07M | $16.3M | $11.35M | $7.68M | $6.99M | $1.97M |
| Cash at End | $12.09M | $5.63M | $18.95M | $4.52M | $4.82M | $3.39M | $2.06M | $1.81M | $2.22M | $2.2M | $15.87M | $14.05M | $18.74M | $19.51M | $24.04M | $20.46M | $13.56M | $13.53M | $14.92M | $10.07M | $16.3M | $11.35M | $7.68M | $6.99M |