Electromed, Inc. (ELMD)
Electromed, Inc. develops, manufactures, markets, and sells airway clearance therapy and related products that apply high frequency chest wall oscillation (HFCWO) therapy in pulmonary care for patients in the United States and internationally. The company offers SmartVest airway clearance system for patients with compromised pulmonary functions, including bronchiectasis and cystic fibrosis, as well as neuromuscular conditions, such as cerebral palsy, muscular dystrophies, amyotrophic lateral sclerosis, and post-surgical complications; SmartVest SQL System; SmartVest Clearway System that consists of an inflatable therapy garment, a programmable air pulse generator, and a patented single-hose that delivers air pulses from the generator to the garment to create oscillatory pressure on the chest wall; and SmartVest Connect, a wireless technology that allows data connection between physicians and patients to track therapy performance and collaborate in treatment decisions. It also provides single patient use SmartVest and SmartVest Wrap products for health care providers in the acute care setting. It markets its products to physicians, health care providers, and directly to patients. Electromed, Inc. was incorporated in 1992 and is headquartered in New Prague, Minnesota.
Sector: Electromedical & Electrotherapeutic Apparatus
Industry: Medical - Devices
Electromed, Inc.
NYSE:ELMDHealthcare · Medical - Devices
+0.15%$26.66
AH Close$26.66+0.00%vs close
AH$26.66+0.00%vs close
Mkt Cap$223.04M
Float6.59M
O/S8.37M
Inst Own56.5%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$73.78M
Net Income$11.3M
Total Assets$66.27M
Free Cash Flow$8.41M
Debt & Equity
Debt 0%
Equity 100%
Total Debt$133K
Total Equity$53.98M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ELMD's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$66.27M
Liabilities$12.29M
Accounts Receivable$32.07M
Accounts Payable$2.64M
Inventory$3.68M
PP&E (Net)$5.21M
Goodwill$0
Intangible Assets$379K
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 |
| Revenue | $73.78M | $64M | $54.72M | $48.07M | $41.66M | $35.76M | $32.47M | $31.3M | $28.31M | $25.86M | $22.99M | $19.41M | $15.49M | $15.1M | $19.52M | $19M | $14.3M | $13M | $8.75M |
| YoY Growth | 15.3% | 17.0% | 13.8% | 15.4% | 16.5% | 10.1% | 3.7% | 10.6% | 9.5% | 12.5% | 18.5% | 25.3% | 2.5% | -22.6% | 2.7% | 32.9% | 10.0% | 48.5% | - |
| Cost of Revenue | $15.83M | $14.03M | $12.99M | $11.55M | $10.22M | $8.45M | $7.27M | $7.45M | $6.53M | $5.29M | $5.12M | $5.81M | $4.85M | $4.66M | $5.38M | $5.23M | $3.93M | $3.34M | $2.15M |
| Gross Profit | $57.94M | $49.97M | $41.73M | $36.52M | $31.44M | $27.3M | $25.2M | $23.85M | $21.77M | $20.57M | $17.88M | $13.6M | $10.63M | $10.45M | $14.15M | $13.78M | $10.38M | $9.66M | $6.61M |
| Gross Margin | 78.5% | 78.1% | 76.3% | 76.0% | 75.5% | 76.4% | 77.6% | 76.2% | 76.9% | 79.5% | 77.7% | 70.1% | 68.7% | 69.2% | 72.4% | 72.5% | 72.6% | 74.3% | 75.5% |
| Research and Development | $1.31M | $996K | $656K | $916K | $1.36M | $1.72M | $1.05M | $583K | $251K | $597K | $380K | $316K | $466K | $603K | $921K | $1.03M | $601K | $358K | $271K |
| Selling, General, and Administrative | $42.75M | $39.1M | $34.49M | $31.59M | $27.11M | $22.44M | $19.95M | $20.44M | $18.81M | $16.4M | $14.39M | $11.97M | $10.91M | $11.67M | $12.62M | $10.87M | $7.98M | $6.85M | $6M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | -$913K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $44.06M | $40.1M | $35.15M | $32.51M | $28.47M | $24.16M | $20.08M | $21.02M | $19.06M | $17M | $14.77M | $12.29M | $11.37M | $12.28M | $13.54M | $11.91M | $8.58M | $7.2M | $6.27M |
| Operating Income (EBIT) | $13.88M | $9.87M | $6.58M | $4.01M | $2.97M | $3.14M | $5.12M | $2.83M | $2.71M | $3.57M | $3.11M | $1.31M | -$741K | -$1.83M | $606K | $1.87M | $1.8M | $2.46M | $334K |
| Operating Margin | 18.8% | 15.4% | 12.0% | 8.3% | 7.1% | 8.8% | 15.8% | 9.0% | 9.6% | 13.8% | 13.5% | 6.8% | -4.8% | -12.1% | 3.1% | 9.8% | 12.6% | 18.9% | 3.8% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $67K | $67K | $86K | $91K | $134K | $177K | $191K | $270K | $279K | $502K |
| Interest Income | $479K | $624K | $455K | $78K | $25K | $39K | $121K | $91K | $20K | $17K | $0 | $284 | $12K | $17K | $8K | $0 | $6K | $9K | $25K |
| Other Income (Expense) | $479K | $412K | $455K | $78K | $25K | $27K | $121K | $91K | $20K | -$50K | -$67K | -$86K | -$79K | -$117K | -$169K | -$191K | -$263K | -$270K | -$477K |
| Income Before Tax (EBT) | $14.36M | $10.28M | $7.04M | $4.09M | $3M | $3.17M | $5.24M | $2.92M | $2.73M | $3.52M | $3.04M | $1.22M | -$820K | -$1.94M | $438K | $1.68M | $1.53M | $2.19M | -$143K |
| Income Tax Expense | $3.06M | $2.75M | $1.89M | $920K | $692K | $805K | $1.08M | $940K | $901K | $1.29M | $830K | $132K | $469K | -$615K | $251K | $623K | $599K | $830K | -$427K |
| Net Income | $11.3M | $7.54M | $5.15M | $3.17M | $2.31M | $2.36M | $4.16M | $1.98M | $1.83M | $2.23M | $2.21M | $1.09M | -$1.29M | -$1.33M | $187K | $1.06M | $916K | $1.33M | $268K |
| Net Income Margin | 15.3% | 11.8% | 9.4% | 6.6% | 5.5% | 6.6% | 12.8% | 6.3% | 6.5% | 8.6% | 9.6% | 5.6% | -8.3% | -8.8% | 1.0% | 5.6% | 6.4% | 10.3% | 3.1% |
| Supplementary Data | |||||||||||||||||||
| EPS | 1.37 | 0.90 | 0.60 | 0.37 | 0.27 | 0.28 | 0.50 | 0.24 | 0.23 | 0.27 | 0.27 | 0.13 | -0.16 | -0.16 | 0.02 | 0.14 | 0.15 | 0.22 | 0.05 |
| Diluted EPS | 1.30 | 0.86 | 0.58 | 0.36 | 0.26 | 0.27 | 0.47 | 0.23 | 0.22 | 0.26 | 0.27 | 0.13 | -0.16 | -0.16 | 0.02 | 0.13 | 0.15 | 0.22 | 0.04 |
| Weighted Average OS | 8.27M | 8.33M | 8.56M | 8.46M | 8.47M | 8.57M | 8.40M | 8.31M | 8.21M | 8.17M | 8.14M | 8.12M | 8.05M | 8.11M | 8.11M | 7.82M | 6.08M | 5.99M | 5.44M |
| EBITDA | $14.96M | $11.46M | $7.88M | $4.7M | $3.63M | $3.78M | $5.86M | $3.75M | $3.5M | $4.32M | $3.85M | $2.05M | -$45K | -$1.24M | $1.14M | $2.33M | $2.15M | $2.78M | $627K |
| EBITDA Margin | 20.3% | 17.9% | 14.4% | 9.8% | 8.7% | 10.6% | 18.0% | 12.0% | 12.4% | 16.7% | 16.7% | 10.5% | -0.3% | -8.2% | 5.8% | 12.3% | 15.0% | 21.4% | 7.2% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 |
| Assets | |||||||||||||||||||
| Current Assets | |||||||||||||||||||
| Cash and Cash Equivalents | $20.45M | $15.29M | $16.08M | $7.37M | $8.15M | $11.89M | $10.48M | $7.81M | $7.46M | $5.57M | $5.12M | $3.6M | $1.5M | $504K | $1.7M | $4.09M | $611K | $362K | $1.44M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $20.45M | $15.29M | $16.08M | $7.37M | $8.15M | $11.89M | $10.48M | $7.81M | $7.46M | $5.57M | $5.12M | $3.6M | $1.5M | $504K | $1.7M | $4.09M | $611K | $362K | $1.44M |
| Accounts Receivable | $32.07M | $25.7M | $24.05M | $24.62M | $21.34M | $17.43M | $13.84M | $13.76M | $12.59M | $9.95M | $7.8M | $6.52M | $6.49M | $9.55M | $11.19M | $9.59M | $6.58M | $6.35M | $3.93M |
| Inventory | $3.68M | $3.3M | $3.71M | $4.22M | $3.18M | $2.11M | $3.08M | $2.62M | $2.36M | $2.56M | $2.48M | $2.07M | $2.24M | $1.38M | $2.39M | $1.86M | $1.47M | $1.18M | $850K |
| Other Current Assets | $1.17M | $408K | $0 | $0 | $0 | $276K | $262K | $0 | $0 | $0 | $0 | $0 | $0 | $557K | $656K | $722K | $514K | $357K | $159K |
| Total Current Assets | $57.37M | $45.08M | $44.17M | $37.79M | $34.54M | $31.7M | $28.02M | $24.54M | $22.21M | $18.48M | $15.82M | $12.59M | $10.62M | $12.42M | $16.3M | $16.63M | $9.44M | $8.41M | $6.55M |
| Long-Term Assets | |||||||||||||||||||
| Property, Plant & Equipment Net | $5.21M | $4.91M | $5.25M | $5.67M | $4.69M | $3.69M | $3.87M | $3.6M | $3.09M | $3.3M | $3.38M | $3.64M | $3.94M | $3.74M | $3.17M | $2.81M | $2.69M | $2.73M | $2.28M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.23B | $0 | $0 | $0 |
| Intangible Assets | $379K | $1.32M | $657K | $605K | $599K | $663K | $598K | $581K | $649K | $721K | $904K | $1M | $930K | $1.08M | $1.17M | $1.24B | $1.06M | $229K | $184K |
| Long-Term Investments | $0 | $0 | $0 | $0 | -$120M | -$88K | $0 | -$44 | $0 | $0 | $0 | $0 | $0 | -$557M | -$656M | -$722M | -$513.17M | $0 | $0 |
| Deferred Tax Assets | $2.04M | $0 | $0 | $1.58M | $1.54M | $1.05M | $0 | $629K | $594K | $460K | $343K | $0 | $0 | $557M | $656M | $722M | $514M | $0 | $360K |
| Other Long-Term Assets | $1.27M | $2.48M | $2.15M | $161K | $120M | $88K | $755K | $44 | $92K | $100K | $144K | $183K | $303K | $310K | $275K | $192K | $129K | $88K | $31K |
| Total Long-Term Assets | $8.9M | $8.72M | $8.06M | $8.02M | $6.83M | $5.41M | $5.22M | $4.82M | $4.43M | $4.58M | $4.77M | $4.82M | $5.17M | $5.13M | $4.62M | $4.23M | $4.7M | $3.05M | $2.85M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $66.27M | $53.8M | $52.23M | $45.81M | $41.36M | $37.11M | $33.24M | $29.35M | $26.64M | $23.06M | $20.59M | $17.41M | $15.79M | $17.56M | $20.92M | $20.87M | $14.14M | $11.46M | $9.4M |
| Liabilities | |||||||||||||||||||
| Current Liabilities | |||||||||||||||||||
| Accounts Payable | $2.64M | $2.67M | $1.01M | $1.37M | $1.26M | $685K | $556K | $587K | $811K | $663K | $589K | $539K | $381K | $644K | $750K | $734K | $1.24M | $426K | $339K |
| Short-Term Debt | $70K | $0 | $0 | $80K | $0 | $33K | $0 | $0 | $1.1M | $51K | $46K | $49K | $46K | $58K | $2.02M | $2.21M | $2.17M | $392K | $371K |
| Current Income Tax Payable | $0 | $0 | $0 | $336K | $51K | $288K | $0 | $289K | $397K | $157K | $0 | $123K | $0 | $0 | $0 | $0 | $8K | $334K | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | -$80K | $1.54M | $0 | $0 | -$30K | $397K | $1.54M | $1.78M | $1.03M | $694K | $812K | $637K | $1.03M | $673K | $334K | $0 |
| Other Current Liabilities | $9.51M | $1.65M | $1.84M | $1.45M | -$203K | $940K | $740K | $1.13M | $1.16M | $1.24M | $947K | $992K | $1M | $927K | $762K | $605K | $431K | $404K | $0 |
| Total Current Liabilities | $12.22M | $10.47M | $7.68M | $8.05M | $7.15M | $4.64M | $2.99M | $3.62M | $4.74M | $2.9M | $3.07M | $2.28M | $1.82M | $2.19M | $4.17M | $4.41M | $4.5M | $2.1M | $2.63M |
| Long-Term Liabilities | |||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.1M | $1.15M | $1.2M | $1.25M | $1.33M | $1.39M | $1.58B | $2.03M | $3.17M | $2.73M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$103K | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $103K | $280K | $167K | $145K | $137K | $0 |
| Other Long-Term Liabilities | $3K | $0 | $0 | $5K | $0 | $0 | -$1 | $0 | $0 | $0 | $10K | $0 | $0 | $0 | $0 | -$1.58B | $0 | $0 | $0 |
| Total Long-Term Liabilities | $66K | $125K | $12K | $86K | $41K | $54K | $9K | $15K | $0 | $1.1M | $1.16M | $1.2M | $1.25M | $1.44M | $1.67M | $1.75M | $2.18M | $3.3M | $2.73M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$15K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $12.29M | $10.59M | $7.69M | $8.14M | $7.19M | $4.69M | $2.99M | $3.62M | $4.74M | $3.99M | $4.23M | $3.48M | $3.07M | $3.63M | $5.84M | $6.16M | $6.68M | $5.4M | $5.35M |
| Stockholders' Equity | |||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $84K | $83K | $87K | $86K | $85K | $85K | $86K | $84K | $83K | $82K | $82K | $81K | $81K | $81K | $81K | $81K | $62K | $60K | $59K |
| Retained Earnings | $28.56M | $21.18M | $23.67M | $18.79M | $15.78M | $14.92M | $13.68M | $9.52M | $6.86M | $4.96M | $2.73M | $515K | -$578K | $711K | $2.04M | $1.85M | $798K | -$118K | -$1.45M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.74M | -$3.24M | -$3.02M | -$2.63M | -$2.35M | -$1.97M | -$1.6M | $0 | -$1.03M | -$737K | -$757K |
| Other Stockholders' Equity | $25.33M | $21.94M | $20.79M | $18.79M | $18.31M | $17.41M | $16.48M | $16.13M | $14.95M | $14.03M | $13.55M | $13.33M | $13.22M | $13.13M | $12.96M | $12.77M | $6.6M | $6.11M | $5.43M |
| Total Equity | $53.98M | $43.21M | $44.55M | $37.67M | $34.17M | $32.42M | $30.25M | $25.73M | $21.9M | $19.07M | $16.36M | $13.92M | $12.72M | $13.93M | $15.08M | $14.71M | $7.46M | $6.05M | $4.04M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7K | $5K |
| Total Liabilities and Equity | $66.27M | $53.8M | $52.23M | $45.81M | $41.36M | $37.11M | $33.24M | $29.35M | $26.64M | $23.06M | $20.59M | $17.41M | $15.79M | $17.56M | $20.92M | $20.87M | $14.14M | $11.45M | $9.39M |
| Supplementary Data | |||||||||||||||||||
| Total Debt | $133K | $198K | $87K | $161K | $41K | $87K | $81K | $45K | $1.1M | $1.15M | $1.2M | $1.25M | $1.3M | $1.39M | $3.41M | $3.79M | $4.2M | $3.56M | $3.1M |
| Net Debt | -$20.32M | -$15.09M | -$15.99M | -$7.21M | -$8.11M | -$11.8M | -$10.4M | -$7.76M | -$6.35M | -$4.43M | -$3.92M | -$2.35M | -$205K | $886K | $1.71M | -$303K | $3.59M | $3.2M | $1.66M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 |
| Operating Activities | |||||||||||||||||||
| Net Income | $11.3M | $7.54M | $5.15M | $3.17M | $2.31M | $2.36M | $4.16M | $1.97M | $1.9M | $2.23M | $2.21M | $1.09M | -$1.29M | -$1.33M | $187K | $1.06M | $934K | $1.36M | $284K |
| Depreciation & Amortization | $1.08M | $1.17M | $841K | $613K | $628K | $610K | $741K | $925K | $790K | $755K | $739K | $736K | $696K | $590K | $533K | $449K | $352K | $319K | $268K |
| Deferred Income Tax | $426K | -$310K | -$571K | -$43K | -$489K | -$294K | -$126K | -$265K | -$134K | -$117K | -$343K | $301K | $454K | -$78K | $179K | -$186K | -$149K | $299K | -$459K |
| Stock-Based Compensation | $2.72M | $3.06M | $1.69M | $708K | $976K | $1.02M | $902K | $924K | $863K | $479K | $223K | $110K | $82K | $176K | $136K | $156K | $169K | $153K | $68K |
| Changes in Working Capital: | |||||||||||||||||||
| Accounts Receivable | -$5.2M | -$1.64M | $565K | -$3.28M | -$3.91M | -$3.58M | -$350K | -$949K | -$1.61M | -$2.34M | -$1.09M | -$32K | $2.53M | $1.84M | -$1.26M | -$3.02M | -$229K | -$2.42M | -$630K |
| Inventory | -$517K | $175K | $459K | -$1.03M | -$1.07M | $971K | -$449K | -$106K | $235K | -$28K | -$348K | $163K | -$856K | $1.01M | -$536K | -$385K | -$292K | -$329K | -$259K |
| Accounts Payable | $652K | $1.65M | -$1.21M | $420K | $2.17M | $214K | -$472K | -$3K | $556K | -$337K | $873.77M | $384.04M | -$302.29M | -$77.85M | -$58.57M | $646.62M | -$145.12M | -$6.95M | -$3.2M |
| Other Working Capital | -$792K | -$458K | $2.14M | $763K | -$1.29M | $1.77M | -$211K | $76K | -$192K | $399K | -$873.07M | -$383.65M | $302.58M | $77.46M | $58.1M | -$646.17M | $144.86M | $6.32M | $3.92M |
| Total Working Capital Change | -$5.86M | -$277K | $1.96M | -$3.13M | -$4.11M | -$625K | -$1.48M | -$982K | -$1.02M | -$2.31M | -$740K | $522K | $1.96M | $2.46M | -$2.27M | -$2.95M | -$777K | -$3.38M | -$172K |
| Other Non-Cash Items | $0 | $212K | $0 | $0 | $0 | $0 | $0 | $18K | $36K | $149K | $76K | $19K | $157K | $59K | $61K | $58K | $80K | $101K | $254K |
| Net Cash from Operating | $9.66M | $11.39M | $9.07M | $1.31M | -$686K | $3.08M | $4.2M | $2.59M | $2.44M | $1.19M | $2.17M | $2.78M | $2.06M | $1.88M | -$1.17M | -$1.42M | $608K | -$1.16M | $243K |
| Investing Activities | |||||||||||||||||||
| Capital Expenditures | -$1.3M | -$306K | -$395K | -$1.72M | -$1.52M | -$287K | -$844K | -$1.39M | -$572K | -$687K | -$578K | -$625K | -$936K | -$1.05M | -$854K | -$1.13M | -$784K | -$711K | -$612K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | -$161K | -$133K | -$56K | -$46K | -$68K | -$2K | -$101K | -$45K | -$37K | $5K | $15K | -$125K | -$2K | -$34K |
| Net Cash from Investing | -$1.3M | -$306K | -$395K | -$1.72M | -$1.52M | -$448K | -$977K | -$1.39M | -$572K | -$687K | -$580K | -$625K | -$936K | -$1.05M | -$849K | -$1.11M | -$909K | -$712K | -$646K |
| Financing Activities | |||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | $1.1M | $51K | $49K | $49K | $46K | $92K | $254K | $387K | $376K | $1.12M | -$453K | -$205K |
| Common Stock Issuance | $965K | $0 | $0 | $0 | $0 | $0 | $0 | $252K | $62K | $0 | $0 | $0 | $0 | $0 | $0 | $6.36M | $391K | $364K | $689K |
| Common Stock Repurchases | -$3.92M | -$10M | -$275K | -$153K | -$1.45M | -$1.12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$6K | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$249K | -$1.88M | $311K | -$227K | -$77K | -$95K | -$548K | $252K | $62K | -$5K | -$14K | -$15K | -$35K | $0 | $52K | $79K | -$489K | -$22K | -$17K |
| Net Cash from Financing | -$3.2M | -$11.88M | $36K | -$380K | -$1.52M | -$1.22M | -$548K | -$851K | $12K | -$54K | -$62K | -$61K | -$128K | -$2.02M | -$369K | $6.01M | $550K | $790K | $877K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $5.16M | -$793K | $8.71M | -$781K | -$3.74M | $1.41M | $2.67M | $352K | $1.88M | $450K | $1.53M | $2.1M | $999K | -$1.2M | -$2.39M | $3.48M | $249K | -$1.08M | $475K |
| Supplementary Data | |||||||||||||||||||
| Operating Cash Flow | $9.66M | $11.39M | $9.07M | $1.31M | -$686K | $3.08M | $4.2M | $2.59M | $2.44M | $1.19M | $2.17M | $2.78M | $2.06M | $1.88M | -$1.17M | -$1.42M | $608K | -$1.16M | $243K |
| Capital Expenditure | -$1.25M | -$306K | -$395K | -$1.72M | -$1.52M | -$448K | -$977K | -$1.39M | -$572K | -$687K | -$578K | -$625K | -$936K | -$1.05M | -$854K | -$1.13M | -$784K | -$711K | -$612K |
| Free Cash Flow | $8.41M | $11.09M | $8.67M | -$401K | -$2.21M | $2.63M | $3.22M | $1.2M | $1.87M | $504K | $1.59M | $2.16M | $1.13M | $823K | -$2.03M | -$2.54M | -$176K | -$1.87M | -$369K |
| Cash at Beginning | $15.29M | $16.08M | $7.37M | $8.15M | $11.89M | $10.48M | $7.81M | $7.46M | $5.57M | $5.12M | $3.6M | $1.5M | $504K | $1.7M | $4.09M | $611K | $362K | $1.44M | $967K |
| Cash at End | $20.45M | $15.29M | $16.08M | $7.37M | $8.15M | $11.89M | $10.48M | $7.81M | $7.46M | $5.57M | $5.12M | $3.6M | $1.5M | $504K | $1.7M | $4.09M | $611K | $362K | $1.44M |