TAYLOR DEVICES, INC. (TAYD)
Taylor Devices, Inc. specializes in the engineering, manufacturing, and international distribution of sophisticated devices for shock absorption, rate control, and energy storage. These critical components are integral to a wide array of machinery, equipment, and structures, serving clients across North America, Asia, and other global regions. Its comprehensive product line features seismic dampers, specifically designed to diminish earthquake effects on buildings, alongside compact Fluidicshoks utilized predominantly in defense, aerospace, and commercial applications. The company also offers larger crane and industrial buffers, robust versions of Fluidicshoks tailored for heavy industrial use on cranes, trolleys, truck docks, and various specialized vehicles. Further innovations include self-adjusting shock absorbers, which automatically adapt to diverse impact conditions for high-cycle applications in heavy industry, and liquid die springs essential for tool and die manufacturing equipment. Specialized vibration dampers are supplied to aerospace and defense industries to regulate the response of sensitive electronic and optical systems facing air, ship, or spacecraft vibrations, while machined springs cater to aerospace needs, and custom actuators address unique defense and aerospace specifications. Taylor Devices promotes its products through an established network of sales representatives and distributors. The company was established in 1955 and operates from its headquarters in North Tonawanda, New York.
Sector: General Industrial Machinery & Equipment, NEC
Industry: Industrial - Machinery
Taylor Devices, Inc.
NASDAQ:TAYDIndustrials · Industrial - Machinery
-0.12%$56.02
AH Close$56.02+0.00%vs close
AH Close$56.02+0.00%vs close
Mkt Cap$180.94M
Float2.79M
O/S3.23M
Inst Own46.2%
SI5.3%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$41.65M
Net Income$8.56M
Total Assets$77.74M
Free Cash Flow$4.89M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$72.85M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in TAYD's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$77.74M
Liabilities$4.89M
Accounts Receivable$11.96M
Accounts Payable$574K
Inventory$7.53M
PP&E (Net)$12.31M
Goodwill$0
Intangible Assets$248K
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 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 | FY 1989 | FY 1988 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 | 2013-05-31 | 2012-05-31 | 2011-05-31 | 2010-05-31 | 2009-05-31 | 2008-05-31 | 2007-05-31 | 2006-05-31 | 2005-05-31 | 2004-05-31 | 2003-05-31 | 2002-05-31 | 2001-05-31 | 2000-05-31 | 1999-05-31 | 1998-05-31 | 1997-05-31 | 1996-05-31 | 1995-05-31 | 1994-05-31 | 1993-05-31 | 1992-05-31 | 1991-05-31 | 1990-05-31 | 1989-05-31 | 1988-05-31 |
| Revenue | $41.65M | $46.29M | $44.58M | $40.2M | $30.87M | $22.51M | $28.38M | $33.62M | $24.36M | $25.54M | $35.68M | $30.59M | $20.01M | $24.73M | $29.01M | $20.91M | $17.88M | $16.74M | $18.59M | $16.5M | $14.75M | $11.22M | $13.02M | $13.87M | $15.99M | $13.24M | $11.48M | $11.1M | $10.2M | $10M | $8.9M | $8.1M | $6.4M | $5.3M | $6.1M | $4.4M | $4.9M | $5.2M | $4.7M |
| YoY Growth | -10.0% | 3.8% | 10.9% | 30.2% | 37.1% | -20.7% | -15.6% | 38.0% | -4.6% | -28.4% | 16.6% | 52.9% | -19.1% | -14.7% | 38.7% | 17.0% | 6.8% | -10.0% | 12.7% | 11.9% | 31.5% | -13.9% | -6.1% | -13.2% | 20.7% | 15.3% | 3.4% | 8.8% | 2.0% | 12.4% | 9.9% | 26.6% | 20.8% | -13.1% | 38.6% | -10.2% | -5.8% | 10.6% | - |
| Cost of Revenue | $23.3M | $24.82M | $23.74M | $24.13M | $21.24M | $19.33M | $19.14M | $24.57M | $18.44M | $17.55M | $23.24M | $21.84M | $14.55M | $15.97M | $20.94M | $15.35M | $11.8M | $12.08M | $12.42M | $10.75M | $10.44M | $7.71M | $9.15M | $8.57M | $11.06M | $7.95M | $6.38M | $6.6M | $6.2M | $6M | $5.5M | $5.5M | $4.4M | $3.5M | $4M | $2.8M | $2.9M | $4.8M | $4.3M |
| Gross Profit | $18.35M | $21.48M | $20.84M | $16.07M | $9.63M | $3.17M | $9.24M | $9.05M | $5.92M | $7.99M | $12.44M | $8.74M | $5.47M | $8.76M | $8.06M | $5.56M | $6.07M | $4.66M | $6.17M | $5.76M | $4.31M | $3.51M | $3.87M | $5.3M | $4.92M | $5.3M | $5.1M | $4.5M | $4M | $4M | $3.4M | $2.6M | $2M | $1.8M | $2.1M | $1.6M | $2M | $400K | $400K |
| Gross Margin | 44.1% | 46.4% | 46.7% | 40.0% | 31.2% | 14.1% | 32.5% | 26.9% | 24.3% | 31.3% | 34.9% | 28.6% | 27.3% | 35.4% | 27.8% | 26.6% | 34.0% | 27.8% | 33.2% | 34.9% | 29.2% | 31.3% | 29.7% | 38.2% | 30.8% | 40.0% | 44.4% | 40.5% | 39.2% | 40.0% | 38.2% | 32.1% | 31.3% | 34.0% | 34.4% | 36.4% | 40.8% | 7.7% | 8.5% |
| Research and Development | $776K | $444K | $388K | $1.1M | $999K | $0 | $0 | $319K | $263K | $903K | $428K | $317K | $394K | $463K | $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 | $10.23M | $11.41M | $10.97M | $8.16M | $6.15M | $5.53M | $5.93M | $6.05M | $5.28M | $5.07M | $6.69M | $5.68M | $3.92M | $5.3M | $5.18M | $4.08M | $4.31M | $3.77M | $4.36M | $4.41M | $3.4M | $3.03M | $3.89M | $4.52M | $4.72M | $3.67M | $3.41M | $3.1M | $2.9M | $2.9M | $2.4M | $2.1M | $1.6M | $1.4M | $1.4M | $1.2M | $1.2M | $0 | $0 |
| Other | $0 | $0 | $0 | -$3K | $0 | $0 | $0 | -$11K | $2K | $28K | $7K | $9K | $22K | $39K | $0 | $0 | $0 | $0 | $55.93M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $267K | $300K | $300K | $300K | $200K | $100K | $100K | $100K | $100K | $100K | $200K | $200K | $200K |
| Total Operating Expenses | $11M | $11.85M | $11.36M | $9.26M | $7.15M | $5.53M | $5.93M | $6.05M | $5.28M | $5.07M | $6.69M | $5.68M | $3.92M | $5.3M | $5.18M | $4.08M | $4.31M | $3.77M | $60.3M | $4.41M | $3.4M | $3.03M | $3.89M | $4.52M | $4.72M | $3.67M | $3.67M | $3.4M | $3.2M | $3.2M | $2.6M | $2.2M | $1.7M | $1.5M | $1.5M | $1.3M | $1.4M | $200K | $200K |
| Operating Income (EBIT) | $7.34M | $9.63M | $9.48M | $6.81M | $2.47M | -$2.35M | $3.3M | $3M | $648K | $2.92M | $5.75M | $3.06M | $1.55M | $3.47M | $2.89M | $1.48M | $1.76M | $889K | $1.81M | $1.34M | $918K | $476K | -$28K | $787K | $209K | $1.63M | $1.43M | $1.1M | $800K | $800K | $800K | $400K | $300K | $300K | $600K | $300K | $600K | $200K | $200K |
| Operating Margin | 17.6% | 20.8% | 21.3% | 16.9% | 8.0% | -10.4% | 11.6% | 8.9% | 2.7% | 11.4% | 16.1% | 10.0% | 7.7% | 14.0% | 10.0% | 7.1% | 9.9% | 5.3% | 9.7% | 8.1% | 6.2% | 4.2% | -0.2% | 5.7% | 1.3% | 12.3% | 12.4% | 9.9% | 7.8% | 8.0% | 9.0% | 4.9% | 4.7% | 5.7% | 9.8% | 6.8% | 12.2% | 3.8% | 4.3% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $45K | $0 | $0 | $16K | $67K | $0 | $307K | $0 | $0 | $0 | $0 | $285K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $200K | $0 |
| Interest Income | $1.64M | $1.4M | $1.43M | $699K | $5K | $54K | $111K | $69K | $27K | $39K | $11K | $4K | $860 | $0 | $28K | $10K | $0 | $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) | $1.65M | $1.41M | $1.44M | $696K | $84K | $3.03M | $113K | $58K | $29K | $67K | $18K | $13K | $22K | -$7K | $62K | $227K | $12K | -$36K | -$86K | -$289K | -$150K | -$151K | -$90K | -$280K | $213K | -$127K | -$73K | $0 | $0 | $0 | $0 | $100K | $0 | $0 | -$300K | $0 | -$200K | $100K | $100K |
| Income Before Tax (EBT) | $8.99M | $11.03M | $10.92M | $7.51M | $2.56M | $682K | $3.42M | $3.06M | $676K | $2.99M | $5.77M | $3.07M | $1.57M | $3.46M | $2.95M | $1.71M | $1.78M | $853K | $1.72M | $1.05M | $768K | $325K | -$118K | $507K | $422K | $1.5M | $1.35M | $1.1M | $800K | $800K | $800K | $500K | $300K | $0 | $300K | $0 | $400K | $300K | $300K |
| Income Tax Expense | $425K | $1.62M | $1.92M | $1.22M | $317K | -$381K | $386K | $515K | $233K | $657K | $1.56M | $899K | $437K | $912K | $750K | $293K | $188K | $281K | $569K | $410K | $238K | $107K | -$55K | $160K | $89K | $458K | $487K | $400K | $300K | $300K | $200K | -$100K | $100K | $100K | $100K | $200K | $200K | $300K | $300K |
| Net Income | $8.56M | $9.41M | $9M | $6.29M | $2.24M | $1.06M | $3.03M | $2.54M | $443K | $2.33M | $4.21M | $2.17M | $1.13M | $2.55M | $2.2M | $1.42M | $1.59M | $572K | $1.53M | $619K | $486K | $202K | -$59K | $351K | $333K | $1.04M | $865K | $700K | $500K | $500K | $600K | $600K | $300K | $200K | $200K | $100K | $200K | $0 | $0 |
| Net Income Margin | 20.6% | 20.3% | 20.2% | 15.6% | 7.3% | 4.7% | 10.7% | 7.6% | 1.8% | 9.1% | 11.8% | 7.1% | 5.7% | 10.3% | 7.6% | 6.8% | 8.9% | 3.4% | 8.2% | 3.8% | 3.3% | 1.8% | -0.5% | 2.5% | 2.1% | 7.9% | 7.5% | 6.3% | 4.9% | 5.0% | 6.7% | 7.4% | 4.7% | 3.8% | 3.3% | 2.3% | 4.1% | - | - |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||||
| EPS | 2.72 | 3.01 | 2.68 | 1.79 | 0.64 | 0.30 | 0.87 | 0.73 | 0.13 | 0.68 | 1.24 | 0.65 | 0.34 | 0.77 | 0.67 | 0.44 | 0.49 | 0.18 | 0.48 | 0.20 | 0.16 | 0.07 | -0.02 | 0.12 | 0.12 | 0.37 | 0.31 | 0.26 | 0.17 | 0.20 | 0.22 | 0.20 | 0.10 | 0.07 | 0.08 | 0.02 | 0.08 | -0.01 | 0.00 |
| Diluted EPS | 2.72 | 2.87 | 2.58 | 1.77 | 0.64 | 0.30 | 0.87 | 0.73 | 0.13 | 0.66 | 1.21 | 0.64 | 0.34 | 0.76 | 0.67 | 0.44 | 0.49 | 0.18 | 0.48 | 0.20 | 0.16 | 0.07 | -0.02 | 0.12 | 0.12 | 0.37 | 0.31 | 0.26 | 0.17 | 0.20 | 0.22 | 0.20 | 0.10 | 0.07 | 0.08 | 0.02 | 0.08 | -0.01 | 0.00 |
| Weighted Average OS | 3.15M | 3.13M | 3.35M | 3.51M | 3.50M | 3.49M | 3.48M | 3.47M | 3.46M | 3.43M | 3.39M | 3.35M | 3.34M | 3.31M | 3.27M | 3.23M | 3.22M | 3.22M | 3.17M | 3.10M | 3.04M | 2.89M | 2.93M | 2.92M | 2.77M | 2.82M | 2.79M | 2.69M | 2.94M | 2.50M | 2.73M | 3.00M | 3.00M | 2.86M | 2.50M | 2.51M | 2.50M | 2.49M | 2.36M |
| EBITDA | $9.27M | $12.76M | $12.62M | $8.98M | $3.9M | $371K | $4.56M | $4.13M | $1.64M | $3.79M | $6.57M | $3.8M | $2.24M | $4.03M | $3.37M | $1.95M | $2.21M | $1.31M | $2.22M | $1.69M | $1.24M | $848K | $314K | $1.13M | $516K | $1.89M | $1.69M | $1.4M | $1.1M | $1.1M | $1M | $500K | $400K | $400K | $700K | $400K | $800K | $400K | $400K |
| EBITDA Margin | 22.3% | 27.6% | 28.3% | 22.3% | 12.6% | 1.6% | 16.1% | 12.3% | 6.7% | 14.8% | 18.4% | 12.4% | 11.2% | 16.3% | 11.6% | 9.3% | 12.3% | 7.8% | 11.9% | 10.3% | 8.4% | 7.6% | 2.4% | 8.1% | 3.2% | 14.2% | 14.7% | 12.6% | 10.8% | 11.0% | 11.2% | 6.2% | 6.3% | 7.5% | 11.5% | 9.1% | 16.3% | 7.7% | 8.5% |
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 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 | FY 1989 | FY 1988 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 | 2013-05-31 | 2012-05-31 | 2011-05-31 | 2010-05-31 | 2009-05-31 | 2008-05-31 | 2007-05-31 | 2006-05-31 | 2005-05-31 | 2004-05-31 | 2003-05-31 | 2002-05-31 | 2001-05-31 | 2000-05-31 | 1999-05-31 | 1998-05-31 | 1997-05-31 | 1996-05-31 | 1995-05-31 | 1994-05-31 | 1993-05-31 | 1992-05-31 | 1991-05-31 | 1990-05-31 | 1989-05-31 | 1988-05-31 |
| Assets | |||||||||||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $905K | $1.19M | $2.83M | $3.58M | $22.52M | $20.58M | $15.16M | $5.07M | $2.86M | $3.32M | $6.09M | $4.9M | $2.79M | $2M | $74K | $2.19M | $198K | $45K | $111K | $23K | $60K | $63K | $88K | $417K | $224K | $60K | $314K | $1M | $1.7M | $1.1M | $900K | $900K | $500K | $200K | $100K | $0 | $200K | $100K | $100K |
| Short-Term Investments | $40.57M | $34.8M | $28.13M | $24.51M | $1.1M | $1.1M | $1.07M | $1.06M | $1.04M | $1.02M | $1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25K | $266K | $261K | $252K | $239K | $200K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $41.48M | $35.99M | $30.96M | $28.09M | $23.61M | $21.68M | $16.23M | $6.13M | $3.9M | $4.35M | $7.09M | $4.9M | $2.79M | $2M | $74K | $2.19M | $198K | $45K | $111K | $23K | $60K | $63K | $114K | $683K | $486K | $312K | $553K | $1.2M | $1.7M | $1.1M | $900K | $900K | $500K | $200K | $100K | $0 | $200K | $100K | $100K |
| Accounts Receivable | $11.96M | $10.96M | $9.57M | $9.68M | $7.8M | $5.62M | $7.57M | $12.85M | $12.62M | $9.41M | $9.49M | $9.92M | $5.27M | $4.7M | $11.1M | $2.14M | $5.03M | $2.69M | $2.11M | $5.88M | $2.42M | $4.38M | $2.98M | $8.09M | $2.9M | $3.2M | $3.67M | $2.4M | $1.6M | $1.4M | $1.2M | $800K | $1.2M | $800K | $1M | $800K | $900K | $900K | $1.1M |
| Inventory | $7.53M | $8.11M | $7.51M | $5.94M | $5.85M | $5.84M | $10.11M | $11.24M | $11.32M | $11.49M | $9.6M | $8.66M | $8.98M | $9.12M | $8.37M | $5.35M | $6.47M | $6.72M | $6.63M | $5.09M | $4.22M | $4.77M | $4.56M | $4.79M | $5.42M | $3.78M | $3.1M | $3M | $3M | $2.4M | $2.4M | $2.1M | $1.6M | $1.7M | $2.6M | $2.6M | $2.3M | $2.2M | $2.3M |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $874K | $1.1M | $1.06M | $6.92M | $5.01M | $1.89M | $882K | $691K | $669K | $635K | $640K | $565K | $575K | $6.44M | $3.56M | $412K | $400K | $300K | $300K | $300K | $900K | $300K | $500K | $100K | $100K | $200K | $0 | $100K |
| Total Current Assets | $62.42M | $56.28M | $48.77M | $44.38M | $37.98M | $34.11M | $34.42M | $30.77M | $28.29M | $25.68M | $27.62M | $24.73M | $18.56M | $17.34M | $20.98M | $15.47M | $14.24M | $12.8M | $11.96M | $11.96M | $12.82M | $10.13M | $8.4M | $14.16M | $15.7M | $10.93M | $7.74M | $7M | $6.6M | $5.2M | $4.8M | $4.7M | $3.6M | $3.2M | $3.8M | $3.5M | $3.6M | $3.2M | $3.6M |
| Long-Term Assets | |||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $12.31M | $12.07M | $11.18M | $11.72M | $9.85M | $9.82M | $9.41M | $9.32M | $9.94M | $9.99M | $8.99M | $7.87M | $7.87M | $7.21M | $4.48M | $3.41M | $3.43M | $3.69M | $3.43M | $3.35M | $3.42M | $3.48M | $3.68M | $3.92M | $4.15M | $3.69M | $2.68M | $2.7M | $2.9M | $2.6M | $2.4M | $2M | $700K | $700K | $800K | $500K | $200K | $300K | $400K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $248K | $270K | $293K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8K | $16K | $46K | $54K | $84K | $95K | $104K | $49K | $55K | $100K | $100K | $100K | $100K | $100K | $100K | $0 | $0 | $0 | $0 | $0 | $400K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$691K | -$669K | -$635K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $1.27M | $1.6M | $1.01M | $569K | $75K | $190K | $170K | $189K | $219K | $429K | $282K | $0 | $0 | $1.06M | $0 | $819K | $834K | $882K | $691K | $669K | $635K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.5M | $1.39M | $1.82M | $1.21M | $1.31M | $1.81M | $1.07M | $923K | $1.07M | $1.06M | $590K | $1.06M | $1M | $777 | $998K | $175K | $99K | $63K | $1.02M | $1.33M | $1.1M | $1.23M | $989K | $1.27M | $662K | $664K | $608K | $600K | $500K | $400K | $500K | $400K | $300K | $300K | $300K | $200K | $300K | $400K | $0 |
| Total Long-Term Assets | $15.32M | $15.34M | $14.31M | $13.5M | $11.24M | $11.82M | $10.65M | $10.43M | $11.23M | $11.48M | $9.87M | $8.93M | $8.87M | $8.27M | $5.48M | $4.41M | $4.36M | $4.63M | $4.45M | $4.7M | $4.57M | $4.76M | $4.75M | $5.28M | $4.91M | $4.4M | $3.34M | $3.4M | $3.5M | $3.1M | $3M | $2.5M | $1.1M | $1M | $1.1M | $700K | $500K | $700K | $800K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $77.74M | $71.62M | $63.08M | $57.88M | $49.22M | $45.93M | $45.08M | $41.2M | $39.51M | $37.16M | $37.49M | $33.67M | $27.43M | $25.62M | $26.46M | $19.88M | $18.6M | $17.43M | $16.41M | $16.65M | $17.38M | $14.89M | $13.15M | $19.45M | $20.62M | $15.33M | $11.08M | $10.4M | $10.1M | $8.3M | $7.8M | $7.2M | $4.7M | $4.2M | $4.9M | $4.2M | $4.1M | $3.9M | $4.4M |
| Liabilities | |||||||||||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $574K | $1.12M | $1.44M | $1.72M | $1.43M | $1.79M | $1.37M | $1.4M | $1.46M | $1.33M | $1.77M | $2.7M | $1.17M | $1.21M | $3.36M | $1.29M | $1.1M | $887K | $1.19M | $1.01M | $1.41M | $770K | $904K | $1.37M | $2.32M | $1.92M | $1.02M | $900K | $1.3M | $1.1M | $1.1M | $1.2M | $900K | $600K | $600K | $600K | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $1.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $262K | $5K | $5K | $1.09M | $1.02M | $1.87M | $3.26M | $1.62M | $364K | $4.54M | $5.11M | $2.13M | $328K | $300K | $300K | $400K | $400K | $300K | $200K | $200K | $1.1M | $800K | $800K | $900K | $1.1M |
| Current Income Tax Payable | $5K | $94K | $126K | $229K | $236K | $455K | $50K | $237K | $0 | $0 | $0 | $0 | $85K | $157K | $141K | $239K | $366K | $136K | $98K | $330K | $225K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $1.44M | $4.38M | $0 | $2.36M | $2.47M | $2.23M | $737K | $634K | $2.04M | $1.3M | $1.46M | $2.72M | $851K | $172K | $2.89M | $1.76M | $380K | $734K | $393K | $666K | $0 | $963K | $0 | $0 | $1.7M | $42K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $858K | $5.89M | $0 | $0 | $0 | $0 | $1.53M | $1.41M | $0 | $0 | $0 | $936K | $0 | $0 | $153K | $368K | $1.14M | $935K | $1.26M | $398K | $288K | -$74K | $1.64M | $1.57M | $1.34M | $1.61M | $1.6M | $1.5M | $900K | $800K | $700K | $200K | $100K | $300K | $200K | $900K | $800K | $1.1M |
| Total Current Liabilities | $4.89M | $9.57M | $11.83M | $7.79M | $5.96M | $5.13M | $5.54M | $4.88M | $5.9M | $4.3M | $6.65M | $7.59M | $3.79M | $3.55M | $7.18M | $3.21M | $3.4M | $3.85M | $3.53M | $4.8M | $6.05M | $3.64M | $2.15M | $9.18M | $10.7M | $6.43M | $2.96M | $2.8M | $3.1M | $2.4M | $2.3M | $2.2M | $1.3M | $900K | $2M | $1.6M | $1.7M | $1.7M | $2.2M |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K | $9K | $88K | $145K | $283K | $491K | $756K | $987K | $1.21M | $1.41M | $995K | $1.3M | $1.6M | $2M | $1.5M | $1.8M | $2M | $1M | $1.3M | $500K | $200K | $100K | $200K | $300K |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $1.16M | $0 | $0 | $625K | $0 | $0 | $0 | $0 | $683K | $629K | $558K | $398K | $284K | $278K | $304K | $307K | $190K | $282K | $246K | $243K | $234K | $232K | $181K | $57K | $79K | $100K | $0 | $0 | $0 | $0 | $100K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | -$1.16M | $0 | $0 | -$625K | $0 | $0 | $0 | $0 | -$683K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $175K | $253K | $590K | $776K | $0 | $0 | $0 | $0 | $0 | -$100K | -$100K | $0 | $0 | $100K | $100K | $0 | $200K | $300K | $200K | $100K |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.04M | $0 | $0 | $683K | $629K | $558K | $398K | $284K | $282K | $314K | $395K | $335K | $739K | $1.01M | $1.59M | $2M | $1.44M | $1.59M | $1.05M | $1.38M | $1.7M | $1.9M | $1.4M | $1.8M | $2M | $1.2M | $1.4M | $500K | $400K | $400K | $400K | $400K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $4.89M | $9.57M | $11.83M | $7.79M | $5.96M | $5.13M | $5.54M | $4.88M | $5.9M | $4.3M | $7.33M | $8.21M | $4.35M | $3.95M | $7.47M | $3.49M | $3.71M | $4.25M | $3.87M | $5.54M | $7.06M | $5.23M | $4.14M | $10.62M | $12.29M | $7.48M | $4.34M | $4.5M | $5M | $3.8M | $4.1M | $4.2M | $2.5M | $2.3M | $2.5M | $2M | $2.1M | $2.1M | $2.6M |
| Stockholders' Equity | |||||||||||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $107K | $105K | $104K | $102K | $101K | $101K | $101K | $101K | $100K | $100K | $99K | $98K | $97K | $96K | $96K | $93K | $93K | $93K | $93K | $85K | $85K | $84K | $81K | $79K | $77K | $73K | $72K | $100K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $69.1M | $60.54M | $51.13M | $42.13M | $35.84M | $33.6M | $32.54M | $29.51M | $26.96M | $26.52M | $24.19M | $19.98M | $17.8M | $16.67M | $14.12M | $11.92M | $10.51M | $8.92M | $8.35M | $6.82M | $6.2M | $5.71M | $5.51M | $5.57M | $5.22M | $4.88M | $3.84M | $3M | $2.3M | $1.8M | $1.3M | $700K | $100K | -$200K | $400K | $200K | $100K | -$100K | -$100K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | -$0 | $0 | -$12.1M | -$11.1M | -$10.33M | -$9.58M | -$8.84M | -$8.14M | -$7.6M | -$7.12M | -$6.67M | -$6.25M | -$5.87M | -$5.66M | -$5.35M | -$5.07M | -$4.73M | -$4.4M | -$4.1M | -$3.81M | -$3.58M | -$3.3M | -$3.2M | -$2.9M | -$2.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $3.64M | $1.4M | $16K | $7.86M | $7.31M | $7.1M | $6.9M | $6.71M | $6.55M | $6.24M | $5.87M | $5.38M | $5.18M | $4.9M | $4.78M | $4.37M | $4.29M | $4.17M | $4.11M | $3.69M | $3.56M | $3.41M | $3M | $2.79M | $2.66M | $2.55M | $2.5M | $2.5M | $2.5M | $2.5M | $2.2M | $2.1M | $1.9M | $1.9M | $1.9M | $1.8M | $1.9M | $1.9M | $1.9M |
| Total Equity | $72.85M | $62.04M | $51.25M | $50.09M | $43.26M | $40.8M | $39.54M | $36.32M | $33.61M | $32.86M | $30.16M | $25.45M | $23.08M | $21.67M | $19M | $16.38M | $14.89M | $13.18M | $12.55M | $10.59M | $9.84M | $9.21M | $8.59M | $8.43M | $7.95M | $7.5M | $6.41M | $5.6M | $4.8M | $4.3M | $3.5M | $2.8M | $2M | $1.7M | $2.3M | $2M | $2M | $1.8M | $1.8M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $521K | $484K | $451K | $419K | $397K | $373K | $346K | $324K | $300K | $300K | $200K | $200K | $200K | $200K | $200K | $100K | $200K | $0 | $0 | $0 |
| Total Liabilities and Equity | $77.74M | $71.62M | $63.08M | $57.88M | $49.22M | $45.93M | $45.08M | $41.2M | $39.51M | $37.16M | $37.49M | $33.67M | $27.43M | $25.62M | $26.46M | $19.88M | $18.6M | $17.43M | $16.41M | $16.13M | $16.9M | $14.44M | $12.73M | $19.05M | $20.24M | $14.99M | $10.76M | $10.1M | $9.8M | $8.1M | $7.6M | $7M | $4.5M | $4M | $4.8M | $4M | $4.1M | $3.9M | $4.4M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $1.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $262K | $9K | $15K | $1.18M | $1.16M | $2.15M | $3.77M | $2.38M | $1.35M | $5.74M | $6.52M | $3.13M | $1.63M | $1.9M | $2.3M | $1.9M | $2.2M | $2.3M | $1.2M | $1.5M | $1.6M | $1M | $900K | $1.1M | $1.4M |
| Net Debt | -$905K | -$1.19M | -$2.83M | -$3.58M | -$22.52M | -$20.58M | -$13.7M | -$5.07M | -$2.86M | -$3.32M | -$6.09M | -$4.9M | -$2.79M | -$2M | $188K | -$2.18M | -$183K | $1.14M | $1.05M | $2.13M | $3.71M | $2.31M | $1.26M | $5.33M | $6.3M | $3.07M | $1.32M | $900K | $600K | $800K | $1.3M | $1.4M | $700K | $1.3M | $1.5M | $1M | $700K | $1M | $1.3M |
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 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 | 2013-05-31 | 2012-05-31 | 2011-05-31 | 2010-05-31 | 2009-05-31 | 2008-05-31 | 2007-05-31 | 2006-05-31 | 2005-05-31 | 2004-05-31 | 2003-05-31 | 2002-05-31 | 2001-05-31 | 2000-05-31 | 1999-05-31 | 1998-05-31 | 1997-05-31 | 1996-05-31 | 1995-05-31 | 1994-05-31 | 1993-05-31 | 1992-05-31 | 1991-05-31 | 1990-05-31 |
| Operating Activities | |||||||||||||||||||||||||||||||||||||
| Net Income | $8.56M | $9.41M | $9M | $6.29M | $2.24M | $1.06M | $3.03M | $2.54M | $443K | $2.33M | $4.21M | $2.17M | $1.13M | $2.55M | $2.2M | $1.42M | $1.59M | $572K | $1.53M | $619K | $486K | $202K | -$59K | $351K | $333K | $1.04M | $865K | $700K | $500K | $500K | $600K | $600K | $200K | $200K | $200K | $100K | $200K |
| Depreciation & Amortization | $1.93M | $1.73M | $1.7M | $1.47M | $1.35M | $1.21M | $1.14M | $1.07M | $996K | $869K | $818K | $741K | $699K | $564K | $482K | $471K | $442K | $422K | $359K | $351K | $320K | $373K | $342K | $338K | $307K | $259K | $267K | $300K | $300K | $300K | $200K | $100K | $100K | $100K | $100K | $100K | $200K |
| Deferred Income Tax | $325K | -$585K | -$444K | -$494K | $116K | -$20K | $19K | $30K | $210K | -$147K | -$52K | $310K | $124K | $2K | -$126K | -$11K | $45K | -$74K | -$56K | -$3K | $11K | -$91K | $16K | $53K | -$86K | -$149K | -$62K | $0 | $0 | $0 | $100K | -$200K | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $1.22M | $1.05M | $417K | $201K | $154K | $143K | $107K | $125K | $178K | $151K | $116K | $112K | $110K | $117K | $80K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||||||
| Accounts Receivable | -$639K | -$1.93M | $109K | -$1.11M | -$346K | $1.56M | -$540K | $987K | -$3.72M | $1.35M | $753K | -$1.86M | -$618K | $3.37M | -$3.47M | $2.9M | -$2.34M | -$582K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $261K | -$129K | -$2.53M | -$277K | $486K | $2.04M | $805K | $1.16M | $104K | -$2.25M | -$930K | $83K | $34K | -$991K | -$3.16M | $886K | $157K | -$228K | -$1.85M | -$1.25M | $533K | -$494K | $160K | -$127K | -$1.77M | -$685K | -$58K | $0 | -$600K | $0 | -$300K | -$500K | $100K | -$100K | $0 | -$200K | -$100K |
| Accounts Payable | -$545K | -$320K | -$279K | $291K | -$360K | $417K | -$33K | -$57K | $131K | -$438K | -$936K | $1.54M | -$43K | -$2.15M | $2.07M | $196K | $209K | $143K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$4.37M | -$2.47M | $4.24M | $782K | -$373K | $428K | $5.09M | -$3.38M | $1.96M | -$3.23M | -$414K | -$505K | $397K | $1.85M | $637K | -$3.65M | $1.14M | $76K | $1.28M | $1.84M | -$2.54M | -$1.25M | $2.63M | $15K | -$1.58M | -$921K | -$1.13M | -$1.3M | $1.3M | $300K | -$100K | $1.3M | $100K | $0 | $0 | $0 | $100K |
| Total Working Capital Change | -$5.29M | -$4.84M | $1.53M | -$315K | -$594K | $4.45M | $5.32M | -$1.29M | -$1.53M | -$4.57M | -$1.53M | -$746K | -$231K | $2.07M | -$3.93M | $330K | -$831K | -$590K | -$571K | $592K | -$2M | -$1.74M | $2.79M | -$112K | -$3.35M | -$1.61M | -$1.19M | -$1.3M | $700K | $300K | -$400K | $800K | $200K | -$100K | -$200K | -$200K | -$100K |
| Other Non-Cash Items | $1.5M | $535K | $386K | $338K | -$2K | $173K | $180K | $193K | $60K | $280K | $190K | $180K | $148K | $180K | $145K | $108K | $266K | $265K | -$214K | $329K | $274K | $260K | $121K | $273K | $185K | -$54K | $44K | $200K | -$800K | -$300K | $0 | -$100K | $0 | $0 | $100K | -$100K | -$100K |
| Net Cash from Operating | $7.02M | $7.47M | $13.22M | $7.71M | $3.31M | $7.03M | $9.83M | $2.66M | $304K | -$1.06M | $3.79M | $2.78M | $1.98M | $5.47M | -$1.11M | $2.4M | $1.51M | $595K | $1.08M | $1.91M | -$867K | -$1M | $3.21M | $902K | -$2.61M | -$509K | -$76K | -$100K | $700K | $800K | $500K | $1.2M | $500K | $200K | $200K | -$100K | $300K |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditures | $0 | -$2.6M | -$1.15M | -$3.36M | -$1.39M | -$1.62M | -$1.23M | -$473K | -$937K | -$1.87M | -$1.94M | -$747K | -$1.36M | -$3.29M | -$1.55M | -$386K | -$252K | -$676K | -$565K | -$252K | -$253K | -$140K | -$95K | -$97K | -$621K | -$1.25M | -$226K | $0 | -$600K | -$300K | -$200K | -$500K | -$100K | $0 | -$100K | $0 | -$100K |
| Acquisitions | $0 | $0 | $0 | $0 | $8K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | -$6.67M | -$3.62M | -$23.42M | -$438 | -$25K | -$16K | -$17K | -$17K | -$22K | -$1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4K | -$10K | -$13K | -$12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | -$8K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $266K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$7.92M | -$5K | -$305K | -$5K | $3K | -$5K | -$5K | -$5K | -$5K | -$5K | -$5K | -$5K | -$5K | -$6K | -$6K | -$6K | $32K | -$13K | $686K | -$10K | -$6K | -$26K | $254K | $38K | $28K | -$23K | -$24K | -$100K | -$100K | $0 | -$100K | $0 | $0 | $0 | $0 | -$200K | $0 |
| Net Cash from Investing | -$7.92M | -$9.27M | -$5.07M | -$26.78M | -$1.39M | -$1.65M | -$1.25M | -$494K | -$959K | -$1.9M | -$2.94M | -$752K | -$1.36M | -$3.3M | -$1.56M | -$392K | -$220K | -$689K | $121K | -$262K | -$259K | -$166K | $425K | -$64K | -$603K | -$1.29M | -$261K | -$100K | -$700K | -$300K | -$300K | -$500K | -$100K | $0 | -$100K | -$200K | -$100K |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | $4K | $5K | $5K | $150K | $118K | $238K | $242K | $224K | $220K | $4.18M | $776K | -$3.26M | -$1.5M | $336K | $300K | -$500K | $400K | $300K | $200K | $200K | $100K | $100K | - | $100K |
| Common Stock Issuance | $1.92M | $363K | $967K | $303K | $16K | $43K | $46K | $50K | $188K | $191K | $347K | $78K | $173K | $12K | $348K | $28K | $31K | $14K | $28K | $15K | $225K | $301K | $226K | $202K | $236K | $140K | $124K | $100K | $100K | $100K | $100K | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$1.32M | -$201K | -$9.86M | -$170K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$50K | -$30K | -$63 | -$6K | $0 | $0 | -$163K | $0 | -$12K | -$71K | -$120K | -$95K | -$158K | -$100K | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$100K |
| Other Financing Activities | $0 | $0 | $967K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$149K | -$79K | -$337K | -$186K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $100K | $0 | $0 | $100K |
| Net Cash from Financing | $607K | $162K | -$8.89M | $133K | $16K | $43K | $1.51M | $50K | $188K | $191K | $347K | $78K | $173K | -$250K | $550K | -$7K | -$1.14M | $29K | -$1.11M | -$1.69M | $1.12M | $1.14M | -$3.96M | -$646K | $3.38M | $1.54M | -$370K | -$300K | $600K | -$300K | -$200K | -$200K | -$200K | $100K | -$100K | $0 | -$100K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$500K | $0 | -$700K | -$400K | $0 | $0 | $0 | -$200K |
| Net Change in Cash | -$286K | -$1.64M | -$744K | -$18.94M | $1.94M | $5.42M | $10.09M | $2.21M | -$467K | -$2.76M | $1.19M | $2.1M | $796K | $1.92M | -$2.12M | $2M | $152K | -$65K | $88K | -$37K | -$3K | -$25K | -$329K | $193K | $164K | -$254K | -$707K | -$500K | $600K | -$300K | $0 | -$200K | -$200K | $300K | $0 | -$300K | -$100K |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $7.02M | $7.47M | $13.22M | $7.71M | $3.31M | $7.03M | $9.83M | $2.66M | $304K | -$1.06M | $3.79M | $2.78M | $1.98M | $5.47M | -$1.11M | $2.4M | $1.51M | $595K | $1.08M | $1.91M | -$867K | -$1M | $3.21M | $902K | -$2.61M | -$509K | -$76K | -$100K | $700K | $800K | $500K | $1.2M | $500K | $200K | $200K | -$100K | $300K |
| Capital Expenditure | -$2.14M | -$2.6M | -$1.45M | -$3.36M | -$1.39M | -$1.62M | -$1.23M | -$473K | -$937K | -$1.87M | -$1.94M | -$747K | -$1.36M | -$3.29M | -$1.55M | -$386K | -$252K | -$676K | -$565K | -$252K | -$253K | -$140K | -$95K | -$97K | -$621K | -$1.25M | -$226K | $0 | -$600K | -$300K | -$200K | -$500K | -$100K | $0 | -$100K | $0 | -$100K |
| Free Cash Flow | $4.89M | $4.87M | $11.77M | $4.35M | $1.92M | $5.41M | $8.6M | $2.18M | -$632K | -$2.92M | $1.85M | $2.03M | $628K | $2.18M | -$2.66M | $2.01M | $1.26M | -$81K | $511K | $1.66M | -$1.12M | -$1.14M | $3.12M | $805K | -$3.23M | -$1.76M | -$302K | -$100K | $100K | $500K | $300K | $700K | $400K | $200K | $100K | -$100K | $200K |
| Cash at Beginning | $1.19M | $2.83M | $3.58M | $22.52M | $20.58M | $15.16M | $5.07M | $2.86M | $3.32M | $6.09M | $4.9M | $2.79M | $2M | $74K | $2.19M | $198K | $45K | $111K | $23K | $60K | $63K | $88K | $417K | $224K | $60K | $314K | $1.02M | $1.5M | $1.1M | $900K | $900K | $500K | $200K | $100K | $0 | $200K | $100K |
| Cash at End | $905K | $1.19M | $2.83M | $3.58M | $22.52M | $20.58M | $15.16M | $5.07M | $2.86M | $3.32M | $6.09M | $4.9M | $2.79M | $2M | $74K | $2.19M | $198K | $45K | $111K | $23K | $60K | $63K | $88K | $417K | $224K | $60K | $314K | $1M | $1.7M | $600K | $900K | $300K | $0 | $400K | $0 | -$100K | $0 |