DeFi Capital Markets, Inc. (DCM)
DeFi Capital Markets, Inc. designs and markets electrical products through its wholly owned subsidiary, Universal Safety Electric, Inc. Its products include wiring devices, bath fans, and other electrical products sold primarily to the electrical distribution trade, including electrical and lighting distributors as well as manufactured housing companies. The firm imports and markets its products and is also exploring strategic business opportunities. Universal Safety Products, Inc. was formerly known as Universal Security Instruments, Inc. and changed its name in 2025 following the sale of its smoke and carbon monoxide alarm business to Feit Electric. The company was founded by Stephen C. Knepper and Michael L. Kovens in 1969 and is headquartered in Owings Mills, MD.
Sector: Wholesale-Electronic Parts & Equipment, NEC
Industry: Communication Equipment
DeFi Capital Markets, Inc.
NYSE:DCMTechnology · Communication Equipment
-4.55%$3.57
Mkt Cap$10.81M
Float1.64M
O/S3.03M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$4.85M
Net Income-$2.49M
Total Assets$4.5M
Free Cash Flow$536K
Debt & Equity
Debt 16%
Equity 84%
Total Debt$601K
Total Equity$3.24M
Shares Outstanding
Short Interest
Split History1 split
- 1.3:1Forward splitOct 17, 20061 share → 1.3
Balance Sheet Details
Assets$4.5M
Liabilities$1.27M
Accounts Receivable$318K
Accounts Payable$262K
Inventory$371K
PP&E (Net)$0
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 | 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 | FY 1987 | FY 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 | 2001-03-31 | 2000-03-31 | 1999-03-31 | 1998-03-31 | 1997-03-31 | 1996-03-31 | 1995-03-31 | 1994-03-31 | 1993-03-31 | 1992-03-31 | 1991-03-31 | 1990-03-31 | 1989-03-31 | 1988-03-31 | 1987-03-31 |
| Revenue | $4.85M | $23.56M | $19.52M | $22.18M | $19.55M | $17.52M | $14.8M | $17.59M | $14.87M | $14.08M | $13.74M | $9.89M | $12.58M | $15.38M | $13.3M | $13.25M | $26.44M | $26.1M | $33.87M | $35.82M | $28.89M | $23.47M | $17.2M | $15.95M | $10.48M | $7.73M | $7.67M | $9.07M | $11.57M | $15.42M | $19.51M | $24.8M | $25.8M | $23M | $25.7M | $20.7M | $21.6M | $23.5M | $21.5M | $25.4M |
| YoY Growth | -79.4% | 20.7% | -12.0% | 13.4% | 11.6% | 18.4% | -15.8% | 18.3% | 5.6% | 2.5% | 38.9% | -21.4% | -18.2% | 15.6% | 0.4% | -49.9% | 1.3% | -23.0% | -5.4% | 24.0% | 23.1% | 36.4% | 7.8% | 52.2% | 35.6% | 0.8% | -15.5% | -21.6% | -25.0% | -20.9% | -21.3% | -3.9% | 12.2% | -10.5% | 24.2% | -4.2% | -8.1% | 9.3% | -15.4% | - |
| Cost of Revenue | $4.04M | $16.73M | $13.92M | $15.83M | $13.52M | $11.88M | $11.04M | $12.03M | $10.33M | $9.93M | $9.96M | $7.56M | $9.74M | $11.04M | $9.79M | $9.49M | $21.11M | $20M | $26M | $25.15M | $19.44M | $16.15M | $11.4M | $10.98M | $7.67M | $5.61M | $5.95M | $7.77M | $9.39M | $13M | $16.37M | $21.5M | $21.9M | $19.6M | $21.7M | $17.1M | $18.1M | $23.4M | $17.6M | $19.4M |
| Gross Profit | $803K | $6.83M | $5.6M | $6.35M | $6.03M | $5.64M | $3.76M | $5.55M | $4.54M | $4.15M | $3.78M | $2.33M | $2.84M | $4.34M | $3.51M | $3.76M | $5.33M | $6.1M | $7.87M | $10.68M | $9.46M | $7.32M | $5.8M | $4.97M | $2.81M | $2.12M | $1.72M | $1.3M | $2.17M | $2.42M | $3.14M | $3.3M | $3.9M | $3.4M | $4M | $3.6M | $3.5M | $100K | $3.9M | $6M |
| Gross Margin | 16.6% | 29.0% | 28.7% | 28.6% | 30.9% | 32.2% | 25.4% | 31.6% | 30.6% | 29.5% | 27.5% | 23.5% | 22.6% | 28.2% | 26.4% | 28.4% | 20.2% | 23.4% | 23.2% | 29.8% | 32.7% | 31.2% | 33.7% | 31.2% | 26.8% | 27.5% | 22.4% | 14.3% | 18.8% | 15.7% | 16.1% | 13.3% | 15.1% | 14.8% | 15.6% | 17.4% | 16.2% | 0.4% | 18.1% | 23.6% |
| Research and Development | $224K | $425K | $427K | $403K | $438K | $472K | $692K | $503K | $654K | $683K | $665K | $777K | $592K | $543K | $571K | $616K | $713K | $436K | $365K | $297K | $247K | $278K | $270K | $285K | $223K | $177K | $192K | $130K | $227K | $251K | $220K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $5.23M | $6M | $5.74M | $4.97M | $5.52M | $5.03M | $4.63M | $4.86M | $4.62M | $4.44M | $4.48M | $4.18M | $4.25M | $5.01M | $4.39M | $4.38M | $4.73M | $5.3M | $6.12M | $7.29M | $6.78M | $6.19M | $5.01M | $4.04M | $3.38M | $2.45M | $2.24M | $2.06M | $2.09M | $3.21M | $3.7M | $4.8M | $4.7M | $4.4M | $3.9M | $3.6M | $3.4M | $0 | $4M | $4.5M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $30K | $0 | $0 | $0 | $0 | $0 | $46K | $32K | $0 | $0 | $0 | $0 | $200K | $100K | $100K | $100K | $100K | $200K | $200K | $200K | $200K |
| Total Operating Expenses | $5.46M | $6.43M | $6.16M | $5.38M | $5.96M | $5.51M | $5.32M | $5.37M | $5.27M | $5.13M | $5.15M | $4.95M | $4.84M | $5.55M | $4.96M | $4.99M | $5.44M | $5.73M | $6.49M | $7.62M | $7.02M | $6.47M | $5.28M | $4.33M | $3.6M | $2.68M | $2.46M | $2.19M | $2.32M | $3.46M | $3.92M | $5M | $4.8M | $4.5M | $4M | $3.7M | $3.6M | $200K | $4.2M | $4.7M |
| Operating Income (EBIT) | -$4.65M | $402K | -$565K | $973K | $70K | $134K | -$1.56M | $187K | -$726K | -$978K | -$1.37M | -$2.62M | -$2M | -$1.21M | -$1.45M | -$1.23M | -$113K | $367K | $1.38M | $3.06M | $2.43M | $851K | $518K | $648K | -$788K | -$597K | -$746K | -$891K | -$146K | -$1.04M | -$778K | -$1.3M | -$700K | -$800K | $600K | $600K | -$700K | -$600K | -$500K | $1.2M |
| Operating Margin | -96.0% | 1.7% | -2.9% | 4.4% | 0.4% | 0.8% | -10.6% | 1.1% | -4.9% | -6.9% | -9.9% | -26.5% | -15.9% | -7.9% | -10.9% | -9.3% | -0.4% | 1.4% | 4.1% | 8.5% | 8.4% | 3.6% | 3.0% | 4.1% | -7.5% | -7.7% | -9.7% | -9.8% | -1.3% | -6.7% | -4.0% | -5.2% | -2.7% | -3.5% | 2.3% | 2.9% | -3.2% | -2.6% | -2.3% | 4.7% |
| Interest Expense | $346K | $262K | $156K | $238K | $148K | $87K | $410K | $485K | $213K | $63K | $30K | $0 | $0 | $0 | $0 | $4K | $78K | $32K | $0 | $0 | $0 | $0 | $0 | $2.4M | $262K | $0 | $41K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $100K | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $134K | $0 | $25K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $23K | $23K | $90K | $56K | $213K | $32K | $37K | $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) | $2.53M | -$262K | -$131K | -$238K | -$148K | $135K | -$4.25M | -$1.53M | -$1.54M | -$1.08M | -$772K | -$1.11M | -$137K | $813K | $557K | $1.9M | $2.6M | $1.53M | $1.96M | $3.79M | $2.07M | $2.29M | $2.08M | $1.75M | $788K | $40K | $746K | -$242 | -$292 | $112K | -$307 | $900K | $1.5M | $400K | $500K | $700K | -$100K | $100K | $200K | -$100K |
| Income Before Tax (EBT) | -$2.12M | $140K | -$696K | $735K | -$78K | $268K | -$5.81M | -$1.35M | -$2.26M | -$2.06M | -$2.14M | -$3.73M | -$2.14M | -$399K | -$893K | $671K | $2.49M | $1.9M | $3.34M | $6.85M | $4.5M | $3.14M | $2.6M | $2.4M | $262K | -$759K | $41K | -$807K | -$445K | -$1.48M | -$1.1M | -$1.3M | $600K | -$800K | $500K | $600K | -$700K | -$600K | -$500K | $1.2M |
| Income Tax Expense | $366K | -$361K | $0 | $14K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$25K | $2.31M | $54K | -$390K | -$147K | $217K | $459K | $512K | $1.32M | -$97K | -$281K | $24K | $0 | -$262K | $759K | -$41K | $807K | $445K | $1.48M | $1.1M | $1.3M | $600K | $800K | $100K | $200K | $700K | $600K | $500K | $600K |
| Net Income | -$2.49M | $501K | -$696K | $720K | -$78K | $268K | -$5.81M | -$1.35M | -$2.26M | -$2.06M | -$2.14M | -$3.7M | -$4.45M | -$453K | -$503K | $818K | $2.27M | $4.87M | -$5.57M | $5.53M | $4.6M | $3.42M | $2.57M | $2.4M | $262K | -$759K | $41K | -$807K | -$445K | -$1.48M | -$1.1M | -$1.3M | $0 | -$800K | $500K | $400K | -$700K | -$600K | -$500K | $600K |
| Net Income Margin | -51.3% | 2.1% | -3.6% | 3.2% | -0.4% | 1.5% | -39.3% | -7.7% | -15.2% | -14.6% | -15.6% | -37.5% | -35.4% | -2.9% | -3.8% | 6.2% | 8.6% | 18.6% | -16.4% | 15.4% | 15.9% | 14.6% | 14.9% | 15.0% | 2.5% | -9.8% | 0.5% | -8.9% | -3.8% | -9.6% | -5.6% | -5.2% | - | -3.5% | 1.9% | 1.9% | -3.2% | -2.6% | -2.3% | 2.4% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | -1.04 | 0.22 | -0.17 | 0.31 | -0.10 | 0.08 | -1.03 | -0.58 | -0.98 | -0.89 | -0.92 | -1.60 | -1.94 | -0.20 | -0.21 | 0.34 | 0.95 | 1.97 | -2.24 | 2.31 | 2.06 | 1.60 | 1.27 | 1.25 | 0.16 | -0.47 | 0.03 | -0.53 | -0.31 | -1.03 | -0.76 | -1.60 | 0.05 | -0.96 | 0.56 | 0.48 | -0.80 | -0.68 | -0.52 | 0.60 |
| Diluted EPS | -1.04 | 0.22 | -0.17 | 0.31 | -0.10 | 0.08 | -1.03 | -0.58 | -0.98 | -0.89 | -0.92 | -1.60 | -1.94 | -0.20 | -0.21 | 0.34 | 0.95 | 1.96 | -2.23 | 2.23 | 1.89 | 1.46 | 1.12 | 1.16 | 0.16 | -0.47 | 0.02 | -0.53 | -0.31 | -1.03 | -0.76 | -1.60 | 0.05 | -0.96 | 0.56 | 0.48 | -0.80 | -0.68 | -0.52 | 0.60 |
| Weighted Average OS | 2.40M | 2.31M | 2.31M | 2.31M | 2.31M | 2.31M | 2.31M | 2.31M | 2.31M | 2.31M | 2.31M | 2.31M | 2.29M | 2.26M | 2.37M | 2.39M | 2.39M | 2.47M | 2.48M | 2.40M | 2.23M | 2.14M | 2.02M | 1.92M | 1.67M | 1.62M | 1.61M | 1.54M | 1.44M | 1.44M | 1.44M | 812,500 | 750,000 | 833,333 | 892,857 | 833,333 | 875,000 | 882,353 | 961,538 | 1.00M |
| EBITDA | -$1.46M | $566K | -$377K | $1.14M | $249K | $300K | -$1.4M | -$843K | -$695K | -$948K | -$1.33M | -$2.57M | -$1.96M | -$1.17M | -$1.45M | $736K | $2.62M | $1.98M | $1.43M | $3.63M | $2.46M | $885K | $518K | $687K | -$758K | -$505K | -$714K | -$750K | $12K | -$873K | -$596K | -$1.5M | -$800K | -$1M | $100K | $0 | $100K | $100K | -$100K | $1.5M |
| EBITDA Margin | -30.2% | 2.4% | -1.9% | 5.1% | 1.3% | 1.7% | -9.4% | -4.8% | -4.7% | -6.7% | -9.7% | -26.0% | -15.6% | -7.6% | -10.9% | 5.6% | 9.9% | 7.6% | 4.2% | 10.1% | 8.5% | 3.8% | 3.0% | 4.3% | -7.2% | -6.5% | -9.3% | -8.3% | 0.1% | -5.7% | -3.1% | -6.0% | -3.1% | -4.3% | 0.4% | - | 0.5% | 0.4% | -0.5% | 5.9% |
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 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 | FY 1987 | FY 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 | 2001-03-31 | 2000-03-31 | 1999-03-31 | 1998-03-31 | 1997-03-31 | 1996-03-31 | 1995-03-31 | 1994-03-31 | 1993-03-31 | 1992-03-31 | 1991-03-31 | 1990-03-31 | 1989-03-31 | 1988-03-31 | 1987-03-31 |
| Assets | ||||||||||||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $3.47M | $348K | $65K | $152K | $439K | $161K | $94K | $374K | $128K | $262K | $363K | $49K | $2.05M | $2.44M | $3.19M | $6.73M | $2.25M | $284K | $3.86M | $241K | $3.02M | $59K | $188K | $51K | $19K | $35K | $92K | $193K | $133K | $150K | $107K | $200K | $300K | $300K | $100K | $1.4M | $200K | $0 | $100K | $100K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $632K | $0 | $0 | $0 | $0 | $4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $3.47M | $348K | $65K | $152K | $439K | $161K | $94K | $374K | $128K | $262K | $363K | $681K | $2.05M | $2.44M | $3.19M | $6.73M | $6.26M | $284K | $3.86M | $241K | $3.02M | $59K | $188K | $51K | $19K | $35K | $92K | $193K | $133K | $150K | $107K | $200K | $300K | $300K | $100K | $1.4M | $200K | $0 | $100K | $100K |
| Accounts Receivable | $318K | $4.26M | $3.1M | $3.66M | $4.09M | $2.58M | $2.45M | $3.02M | $2.88M | $2.26M | $1.93M | $1.79M | $2.29M | $2.92M | $2.6M | $2.22M | $4.37M | $5.08M | $544K | $1.31M | $5.39M | $4.43M | $3.23M | $847K | $195K | $908K | $601K | $549K | $1.25M | $1.73M | $2.07M | $3.2M | $4.1M | $3.1M | $4.5M | $2.8M | $8.9M | $4.1M | $3.9M | $5.5M |
| Inventory | $371K | $3.02M | $4.75M | $4.06M | $6.23M | $4.18M | $5.12M | $6.85M | $5.49M | $4.7M | $3.88M | $3.85M | $4.19M | $4.34M | $5.4M | $3.53M | $3.44M | $9M | $5.36M | $11.32M | $4.06M | $4.83M | $2.87M | $3.22M | $1.56M | $2.14M | $1.94M | $1.8M | $2.31M | $3.03M | $4.25M | $4.4M | $5.9M | $5.1M | $4.1M | $4.4M | $2.2M | $8.5M | $7.9M | $8.3M |
| Other Current Assets | $0 | $2.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $203K | $8.45M | $15.8M | $0 | $0 | $0 | $0 | $0 | $0 | $92K | $1.27M | $0 | $0 | $0 | $400K | $400K | $400K | $600K | $300K | $400K | $800K | $600K | $700K |
| Total Current Assets | $4.5M | $9.82M | $8.14M | $8.05M | $11M | $7.26M | $7.78M | $10.39M | $8.78M | $7.71M | $6.59M | $6.76M | $8.94M | $10.3M | $11.79M | $13M | $14.42M | $14.82M | $18.42M | $21.53M | $12.66M | $9.47M | $6.39M | $4.26M | $1.88M | $3.14M | $2.72M | $3.93M | $3.84M | $5.27M | $6.92M | $8.2M | $10.7M | $8.9M | $9.3M | $8.9M | $11.7M | $13.4M | $12.5M | $14.6M |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $160K | $319K | $478K | $185K | $346K | $20K | $36K | $46K | $72K | $105K | $146K | $152K | $176K | $203K | $199K | $251K | $130K | $3.03M | $62K | $82K | $93K | $280K | $301K | $329K | $364K | $226K | $1.61M | $1.76M | $1.99M | $2.1M | $2.2M | $900K | $800K | $700K | $600K | $1.9M | $1.9M | $2M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $31K | $36K | $40K | $45K | $49K | $54K | $58K | $63K | $67K | $72K | $76K | $80K | $85K | $89K | $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 Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8.44M | $10.02M | $10.56M | $11.78M | $12.94M | $14.14M | $13.53M | $13.08M | $13.15M | $12.15M | $10.55M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.24M | $2.23M | $2.51M | $3.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.31M | $2.39M | $2M | $1.88M | $2.14M | $1.91M | $756K | $476K | $352K | $57K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $4K | $4K | $4K | $4K | $4K | $4K | $6K | $26K | $38K | $38K | $40K | $40K | $20K | $18K | $10M | $7.36M | $7.16M | $6.15M | $4.85M | $3.84M | $3M | $2.43M | $2.39M | $6K | $22K | $17K | $113K | $3.4M | $3M | $2M | $1.4M | $1.4M | $1.2M | $100K | $200K | $100K |
| Total Long-Term Assets | $0 | $0 | $191K | $354K | $522K | $233K | $400K | $8.52M | $10.12M | $10.68M | $12.56M | $13.15M | $14.26M | $17.49M | $15.78M | $15.49M | $14.25M | $12.96M | $12.05M | $9.99M | $7.69M | $6.58M | $5M | $4.12M | $3.3M | $2.76M | $2.75M | $2.47M | $3.86M | $4.28M | $5.76M | $5.5M | $5.2M | $2.9M | $2.2M | $2.1M | $1.8M | $2M | $2.1M | $2.1M |
| 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 | $0 |
| Total Assets | $4.5M | $9.82M | $8.33M | $8.4M | $11.52M | $7.5M | $8.18M | $18.91M | $18.9M | $18.39M | $18.51M | $19.91M | $23.34M | $26.41M | $27.57M | $28.48M | $28.67M | $27.78M | $30.47M | $36.2M | $20.36M | $16.05M | $11.39M | $8.38M | $5.18M | $5.91M | $5.48M | $6.4M | $7.71M | $9.56M | $12.68M | $13.7M | $15.9M | $11.8M | $11.5M | $11M | $13.5M | $15.4M | $14.6M | $16.7M |
| Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $262K | $2.24M | $2.37M | $948K | $2.56M | $1.26M | $772K | $5.58M | $4.33M | $1.73M | $1.66M | $969K | $635K | $548K | $1.12M | $1.25M | $2.16M | $2.76M | $2.47M | $3.8M | $1.6M | $1.73M | $1.52M | $1.17M | $787K | $614K | $399K | $295K | $584K | $1.5M | $1.61M | $1.3M | $500K | $300K | $400K | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $601K | $2.1M | $769K | $1.46M | $3.24M | $19K | $1.56M | $1.85M | $1.61M | $2.26M | $314K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.25M | $0 | $0 | $7K | $23K | $16K | $1.81M | $833K | $2.03M | $1.06M | $1.45M | $3.01M | $4M | $5.2M | $2.2M | $1.1M | $200K | $3.8M | $4.7M | $1.7M | $3.8M |
| 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 | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $309K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $177K | $232K | $148K | $8.09M | $4.77M | $0 | $0 | $0 | $0 | $217K | $0 | $121K | $0 | $0 | $0 | $0 | $200K | $200K | $300K | $200K | $800K | $700K | $1.7M | $3.1M | $1.9M |
| Total Current Liabilities | $1.27M | $4.65M | $3.66M | $2.87M | $6.55M | $1.7M | $2.72M | $8.03M | $6.15M | $4.16M | $2.12M | $1.15M | $786K | $728K | $1.29M | $1.46M | $2.44M | $3.72M | $10.95M | $11.52M | $2.75M | $3.15M | $2.19M | $1.88M | $1.47M | $2.56M | $1.35M | $2.42M | $1.71M | $3.02M | $4.72M | $5.5M | $5.9M | $2.8M | $1.7M | $1M | $4.5M | $6.4M | $4.8M | $5.7M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $1.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25K | $25K | $46K | $95K | $0 | $168K | $0 | $0 | $0 | $0 | $0 | $0 | $60K | $0 | $1.25M | $1.34M | $1.28M | $500K | $900K | $0 | $0 | $600K | $800K | $900K | $1M | $1.1M |
| 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 | $0 |
| Long-Term Deferred Tax 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $840K | $0 | $0 | $0 | $0 | $0 | $25K | $0 | -$25K | -$25K | -$46K | -$95K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$100K | -$900K | $0 | $0 | -$600K | -$800K | -$900K | -$1M | -$1.1M |
| Total Long-Term Liabilities | $0 | $0 | $13K | $172K | $335K | $1.08M | $1.01M | $7.43M | $5.94M | $4M | $1.97M | $969K | $25K | $25K | $25K | $25K | $46K | $95K | $91K | $168K | $1.6M | $1.73M | $1.52M | $7K | $30K | $45K | $60K | $2.33M | $1.25M | $1.34M | $1.28M | $400K | $900K | $2.5M | $1.5M | $600K | $900K | $1M | $1M | $1.1M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$7.43M | -$5.94M | -$4M | -$1.97M | -$969K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.6M | -$1.73M | -$1.52M | $0 | $0 | $0 | $0 | -$2.33M | $0 | $0 | $0 | $0 | $0 | -$2.5M | -$1.5M | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.27M | $4.65M | $3.67M | $3.04M | $6.88M | $2.78M | $3.73M | $8.03M | $6.15M | $4.16M | $2.12M | $1.15M | $811K | $753K | $1.32M | $1.48M | $2.49M | $3.81M | $11.04M | $11.52M | $2.75M | $3.15M | $2.19M | $1.89M | $1.5M | $2.6M | $1.41M | $2.42M | $2.96M | $4.36M | $6M | $5.9M | $6.8M | $2.8M | $1.7M | $1.6M | $5.4M | $7.4M | $5.8M | $6.8M |
| 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 | $0 |
| Common Stock | $28K | $23K | $23K | $23K | $23K | $23K | $23K | $23K | $23K | $23K | $23K | $23K | $23K | $23K | $23K | $24K | $24K | $24K | $25K | $25K | $17K | $17K | $16K | $11K | $10K | $9K | $9K | $9K | $8K | $32K | $32K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$12.54M | -$7.75M | -$8.25M | -$7.55M | -$8.27M | -$8.19M | -$8.46M | -$2.65M | -$1.3M | $963K | $2.45M | $4.59M | $8.44M | $12.89M | $13.34M | $13.84M | $13.02M | $10.76M | $5.89M | $11.55M | $6.01M | $1.41M | -$2.01M | -$4.58M | -$6.98M | -$7.24M | -$6.48M | -$6.52M | -$5.71M | -$5.27M | -$3.79M | -$2.7M | -$1.4M | -$1.4M | -$600K | -$1.1M | -$2.7M | -$2.9M | -$2.2M | -$1.7M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $612K | $1.14M | $360K | $1.03M | $1.26M | $1.19M | $1M | -$684K | -$646K | -$585K | -$528K | $56K | -$112K | -$456K | -$428K | -$394K | -$361K | -$405K | -$374K | -$328K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $15.75M | $12.89M | $12.89M | $12.89M | $12.89M | $12.89M | $12.89M | $13.5M | $14.03M | $13.25M | $13.91M | $14.15M | $14.08M | $12.75M | $12.89M | $13.14M | $13.14M | $13.19M | $13.51M | $13.1M | $11.58M | $11.47M | $11.19M | $11.06M | $10.65M | $10.53M | $10.53M | $10.5M | $10.45M | $10.43M | $10.43M | $10.5M | $10.5M | $10.4M | $10.4M | $10.5M | $10.8M | $10.9M | $11M | $11.6M |
| Total Equity | $3.24M | $5.16M | $4.66M | $5.36M | $4.64M | $4.72M | $4.45M | $10.87M | $12.75M | $14.23M | $16.39M | $18.76M | $22.53M | $25.66M | $26.25M | $27M | $26.18M | $23.97M | $19.42M | $24.67M | $17.61M | $12.9M | $9.2M | $6.49M | $3.68M | $3.3M | $4.06M | $3.99M | $4.75M | $5.19M | $6.68M | $7.8M | $9.1M | $9M | $9.8M | $9.4M | $8.1M | $8M | $8.8M | $9.9M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $4.5M | $9.82M | $8.33M | $8.4M | $11.52M | $7.5M | $8.18M | $18.91M | $18.9M | $18.39M | $18.51M | $19.91M | $23.34M | $26.41M | $27.57M | $28.48M | $28.67M | $27.78M | $30.47M | $36.2M | $20.36M | $16.05M | $11.39M | $8.38M | $5.18M | $5.91M | $5.48M | $6.4M | $7.71M | $9.56M | $12.68M | $13.7M | $15.9M | $11.8M | $11.5M | $11M | $13.5M | $15.4M | $14.6M | $16.7M |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| Total Debt | $601K | $2.11M | $941K | $1.78M | $3.71M | $1.27M | $1.89M | $1.85M | $1.61M | $2.26M | $314K | $300K | $30K | $30K | $25K | $25K | $46K | $95K | $91K | $2.73M | $0 | $0 | $7K | $30K | $46K | $1.85M | $894K | $2.03M | $2.31M | $2.8M | $4.28M | $4.5M | $6.1M | $2.2M | $1.1M | $800K | $4.6M | $5.6M | $2.7M | $4.9M |
| Net Debt | -$2.87M | $1.77M | $876K | $1.63M | $3.27M | $1.11M | $1.8M | $1.48M | $1.48M | $2M | -$49K | $251K | -$2.02M | -$2.41M | -$3.16M | -$6.7M | -$2.21M | -$189K | -$3.77M | $2.49M | -$3.02M | -$59K | -$181K | -$21K | $26K | $1.82M | $802K | $1.84M | $2.17M | $2.65M | $4.18M | $4.3M | $5.8M | $1.9M | $1M | -$600K | $4.4M | $5.6M | $2.6M | $4.8M |
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 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 | 2001-03-31 | 2000-03-31 | 1999-03-31 | 1998-03-31 | 1997-03-31 | 1996-03-31 | 1995-03-31 | 1994-03-31 | 1993-03-31 | 1992-03-31 |
| Operating Activities | |||||||||||||||||||||||||||||||||||
| Net Income | -$2.49M | $501K | -$696K | $720K | -$78K | $268K | -$5.81M | -$1.35M | -$2.26M | -$2.06M | -$2.14M | -$3.7M | -$4.45M | -$453K | -$503K | $818K | $2.27M | $1.43M | -$5.57M | $5.53M | $4.6M | $3.42M | $2.57M | $2.4M | $262K | -$759K | $41K | -$807K | -$445K | -$1.48M | -$1.1M | -$1.3M | $0 | -$800K | $400K |
| Depreciation & Amortization | $309K | $164K | $163K | $163K | $179K | $166K | $164K | $20K | $31K | $30K | $38K | $46K | $44K | $40K | $42K | $61K | $56K | $49K | $47K | $151K | $28K | $34K | $33K | $38K | $30K | $46K | $32K | $141K | $158K | $165K | $182K | -$200K | -$100K | -$100K | -$100K |
| Deferred Income Tax | $361K | -$361K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$25K | $2.31M | $84K | -$392K | -$125K | $265K | -$228K | -$1.16M | -$318K | -$125K | -$295K | -$57K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $897K | $0 | $0 | $0 | $0 | -$221K | $0 | $0 | $0 | $0 | $0 | $0 | $56K | $89K | $26K | $0 | $43K | $11K | $20K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||||
| Accounts Receivable | $3.64M | -$1.09M | $355K | $425K | -$70K | -$237K | $569K | -$131K | -$628K | -$328K | -$141K | $555K | $630K | -$318K | -$385K | $0 | $702K | $1.07M | $2.33M | -$3.19M | $0 | $0 | -$2.38M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $900K | -$1.1M | $1.4M | -$1.8M |
| Inventory | $2.54M | -$227K | -$688K | $2.17M | -$1.98M | $943K | $1.73M | -$1.36M | -$792K | -$817K | -$31K | $288K | $147K | $1.06M | -$1.86M | -$94K | $5.56M | -$3.64M | $3.35M | -$5.43M | $772K | -$1.97M | $355K | -$1.66M | $472K | -$172K | -$118K | $0 | $0 | $0 | $0 | $1.4M | -$800K | -$900K | $200K |
| Accounts Payable | -$2.18M | -$192K | $1.38M | -$1.92M | $1.67M | $751K | -$356K | $1.64M | $2.65M | $83K | $659K | $363K | $58K | -$566K | -$165K | $0 | -$1.12M | $384K | -$2.52M | $3.9M | $0 | $0 | $1.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $700K | $200K | -$100K | -$200K |
| Other Working Capital | -$211K | -$77K | -$213K | -$68K | -$1.51M | -$382K | -$124K | $133K | $2.23M | -$80K | $567K | -$21K | $193K | $3K | -$81K | $965K | -$97K | -$53K | -$62K | $25K | -$1.41M | $187K | -$32K | $1.32M | -$337K | -$80K | $81K | $994K | $443K | $2.36M | $1.01M | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $3.79M | -$1.59M | $836K | $604K | -$1.89M | $1.07M | $1.82M | $284K | $1.44M | -$1.14M | $535K | $1.19M | $1.03M | $176K | -$2.49M | $871K | $5.04M | -$2.24M | $3.09M | -$4.69M | -$638K | -$1.78M | -$572K | -$341K | $136K | -$251K | -$36K | $994K | $443K | $2.36M | $1.01M | $3M | -$1.7M | $400K | -$1.8M |
| Other Non-Cash Items | -$2.34M | $235K | $374K | $4K | -$70K | $100K | $3.84M | $1.05M | $1.32M | $1.02M | $742K | $1.13M | $160K | -$723K | -$501K | -$1.69M | -$2.64M | -$1.53M | $5.92M | -$3.85M | $10K | -$2.48M | -$2.32M | -$2.16M | -$1.21M | -$40K | -$942K | -$13K | $331K | $413K | $110K | $100K | -$600K | -$400K | $300K |
| Net Cash from Operating | $536K | -$1.05M | $678K | $1.49M | -$1.86M | $1.39M | $9K | $6K | $535K | -$2.15M | -$823K | -$1.37M | -$852K | -$786K | -$3.82M | -$67K | $5.03M | -$2.5M | $2.35M | -$3.17M | $1.77M | -$1.1M | -$293K | -$62K | -$780K | -$1M | -$905K | $316K | $487K | $1.45M | $207K | $1.6M | -$2.4M | -$900K | -$1.2M |
| Investing Activities | |||||||||||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$16K | $0 | $0 | $0 | -$33K | -$12K | -$10K | -$155K | -$4K | -$170K | -$31K | -$1.13M | -$9K | -$22K | -$21K | -$17K | -$2K | -$11K | -$89K | -$29K | -$14K | -$8K | -$93K | -$100K | -$1.5M | -$200K | -$200K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $567K | $695K | $1.04M | $966K | $0 | -$1.92M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$632K | $0 | $0 | $0 | $0 | -$4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$426 | $0 | $0 | $0 | -$100K |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $4M | $0 | $0 | $0 | $632K | $0 | $0 | $0 | $0 | $0 | $2.96M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $4.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $103K | $190K | -$632K | $416K | $276K | $557K | $4M | -$2.96M | $2.59M | -$513K | $1.91M | $1.1M | $727K | $350K | $0 | $666K | $0 | $2.08M | $0 | $0 | $392K | $0 | $0 | $0 | $100K | $0 |
| Net Cash from Investing | $4.5M | $0 | $0 | $0 | $0 | $0 | $4M | $0 | -$16K | $103K | $822K | -$632K | $383K | $264K | $557K | $4.54M | -$2.96M | $3.39M | -$544K | -$1.14M | $1.09M | $705K | $329K | -$17K | $663K | -$11K | $1.99M | -$29K | -$14K | $385K | -$94K | -$100K | -$1.5M | -$100K | -$300K |
| Financing Activities | |||||||||||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | -$221K | - | - | - | - | - | - | - | - | - | - | $79 | -$4K | - | - | - | $7K | $23K | $232K | $15K | -$959K | $1.22M | $16K | $15K | $13K | -$687K | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $127K | $586K | $99K | $272K | $125K | $343K | $116K | $0 | $34K | $100K | $0 | $0 | $192 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$226K | -$276K | $0 | -$94K | -$279K | $0 | $0 | $0 | $0 | -$1K | $0 | $0 | $0 | $0 | -$54K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$2.31M | $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 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | -$290K | $0 | -$653K | $0 | $0 | $0 | $81K | $0 | $0 | $0 | $0 | -$4.19M | $4.1M | -$1.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$75K | -$81K | -$143K | -$876K | -$1.6M | $3.9M | $1.2M | $400K |
| Net Cash from Financing | -$1.91M | $1.33M | -$690K | -$1.78M | $2.14M | -$1.32M | -$290K | $240K | -$653K | $1.95M | $314K | $0 | $81K | -$226K | -$276K | $0 | -$94K | -$4.46M | $1.98M | $1.57M | $99K | $264K | $101K | $110K | $101K | $959K | -$1.19M | -$228K | -$490K | -$1.79M | -$189K | -$1.6M | $3.9M | $1.2M | $400K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | -$4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $81K | -$32K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $3.13M | $283K | -$13K | -$287K | $278K | $67K | -$281K | $246K | -$134K | -$100K | $313K | -$2M | -$388K | -$747K | -$3.54M | $4.47M | $1.97M | -$3.58M | $3.86M | -$2.77M | $2.96M | -$129K | $137K | $32K | -$15K | -$57K | -$101K | $60K | -$17K | $53K | -$76K | -$100K | $0 | $200K | -$1.1M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $536K | -$1.05M | $678K | $1.49M | -$1.86M | $1.39M | $9K | $6K | $535K | -$2.15M | -$823K | -$1.37M | -$852K | -$786K | -$3.82M | -$67K | $5.03M | -$2.5M | $2.35M | -$3.17M | $1.77M | -$1.1M | -$293K | -$62K | -$780K | -$1M | -$905K | $316K | $487K | $1.45M | $207K | $1.6M | -$2.4M | -$900K | -$1.2M |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$16K | $0 | $0 | $0 | -$33K | -$12K | -$10K | -$155K | -$4K | -$170K | -$31K | -$1.13M | -$9K | -$22K | -$21K | -$17K | -$2K | -$11K | -$89K | -$29K | -$14K | -$8K | -$93K | -$100K | -$1.5M | -$200K | -$200K |
| Free Cash Flow | $536K | -$1.05M | $678K | $1.49M | -$1.86M | $1.39M | $9K | $6K | $519K | -$2.15M | -$823K | -$1.37M | -$885K | -$798K | -$3.83M | -$222K | $5.02M | -$2.67M | $2.32M | -$4.3M | $1.76M | -$1.12M | -$314K | -$79K | -$782K | -$1.02M | -$994K | $287K | $473K | $1.45M | $113K | $1.5M | -$3.9M | -$1.1M | -$1.4M |
| Cash at Beginning | $348K | $65K | $152K | $439K | $161K | $94K | $374K | $128K | $262K | $363K | $49K | $2.05M | $2.44M | $3.19M | $6.73M | $2.25M | $284K | $3.86M | $0 | $3.02M | $59K | $188K | $51K | $19K | $35K | $92K | $193K | $133K | $150K | $98K | $174K | $300K | $300K | $100K | $1.4M |
| Cash at End | $3.47M | $348K | $139K | $152K | $439K | $161K | $94K | $374K | $128K | $262K | $363K | $49K | $2.05M | $2.44M | $3.19M | $6.73M | $2.25M | $284K | $3.86M | $241K | $3.02M | $59K | $188K | $51K | $19K | $35K | $92K | $193K | $133K | $150K | $98K | $200K | $300K | $300K | $300K |