NORTHERN DYNASTY MINERALS LTD (NAK)
Northern Dynasty Minerals Ltd. is an enterprise focused on prospecting for mineral deposits across the United States. The company's primary asset is the extensive Pebble project, an exploration site rich in copper, gold, molybdenum, silver, and rhenium. This significant property encompasses 1,840 mining claims, spanning roughly 274 square miles in southwestern Alaska. It lies just 17 miles from the communities of Iliamna and Newhalen, and approximately 200 miles southwest of Alaska's largest city, Anchorage. Initially established as Northern Dynasty Explorations Ltd., the company adopted its current name, Northern Dynasty Minerals Ltd., in October of 1997. Founded in 1983, its corporate headquarters are situated in Vancouver, Canada.
Sector: Gold and Silver Ores
Industry: Industrial Materials
Northern Dynasty Minerals Ltd.
NYSE:NAKBasic Materials · Industrial Materials
-3.77%$0.7910
AH Close$0.7945+0.44%vs close
AH Close$0.7945+0.44%vs close
Mkt Cap$444.64M
Float507.71M
O/S562.12M
Inst Own19.5%
SI6.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$74.57M
Total Assets$86.45M
Free Cash Flow-$16.58M
Debt & Equity
Debt 15%
Equity 85%
Total Debt$2.27M
Total Equity$12.67M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in NAK's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$86.45M
Liabilities$73.78M
Accounts Receivable$85K
Accounts Payable$513K
Inventory$0
PP&E (Net)$45.14M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2001-12-31 |
| 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 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $77K | $75K | $88K | $74K | $186K | $382K | $462K | $167K | $126K | $146K | $24.93M | $24.39M | $0 | $0 | $0 | $1.29M | $0 | -$100.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | -$77K | -$75K | -$88K | -$74K | -$186K | -$382K | -$462K | -$167K | -$126K | -$146K | -$24.93M | -$24.39M | $0 | $0 | $0 | -$1.29M | $0 | $100.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $11.24M | $9.21M | $11.96M | $10.88M | $17.45M | $44.41M | $11.25M | $11.29M | $29.72M | $13.69M | $24.93M | $15.19M | $4.92M | $8.58M | $14.52M | $9.07M | $9.02M | $14M | $14.37M | $8.21M | $5.73M | $4.07M | $1.78M | $551K | $211K |
| Other | $5.28M | $3.81M | $0 | $6.62M | $0 | $0 | $37.88M | $456K | $16.14M | $8K | $153K | $9.2M | $1.42M | $3.19M | $585K | $99K | $322K | $94.04M | $76.23M | $44.46M | $36.57M | $29.62M | $6.02M | $3.65M | $906K |
| Total Operating Expenses | $16.52M | $13.03M | $11.96M | $17.51M | $17.45M | $44.41M | $49.13M | $47.31M | $45.87M | $19.36M | $5.91M | $12.42M | $6.34M | $11.77M | $15.1M | $9.17M | $9.34M | $108.04M | $76.23M | $44.46M | $36.57M | $29.62M | $6.02M | $3.65M | $1.12M |
| Operating Income (EBIT) | -$16.59M | -$13.1M | -$12.05M | -$17.58M | -$17.64M | -$44.79M | -$49.13M | -$47.31M | -$45.87M | -$19.36M | -$24.93M | -$24.39M | -$6.34M | -$11.77M | -$15.1M | -$10.45M | -$9.36M | -$107.13M | -$76.23M | -$44.46M | -$36.57M | -$29.62M | -$6.02M | -$3.65M | -$1.12M |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $645K | $589K | $58K | $48K | $48K | $66K | $96K | $0 | $0 | $0 | $103K | $0 | $0 | $0 | $0 | $389K | $239K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $423K | $614K | $193K | $199K | $126K | $82K | $169K | $489K | $330K | $24K | $71K | $201K | $812K | $634K | $675K | $0 | $0 | $906K | $0 | $1.6M | $418K | $0 | $46K | $0 | $0 |
| Other Income (Expense) | -$57.72M | -$12.68M | $669K | $194K | -$179K | -$951K | -$306K | $35.91M | -$479K | $85K | -$321K | $359K | $4.67M | $574 | $675K | $389K | $239K | $0 | $153.27M | $86.63M | $201K | -$430K | $47K | -$27K | $6K |
| Income Before Tax (EBT) | -$74.31M | -$25.78M | -$11.38M | -$17.39M | -$17.82M | -$45.74M | -$49.44M | -$11.4M | -$46.35M | -$19.28M | -$25.25M | -$24.03M | -$1.67M | -$11.19M | -$14.43M | -$10.06M | -$9.12M | -$107.13M | $77.04M | $42.17M | -$36.37M | -$30.05M | -$5.98M | -$3.67M | -$1.11M |
| Income Tax Expense | $262K | $46K | -$59K | $76K | $0 | $0 | $0 | $0 | $0 | $8K | -$1.08M | -$1.64M | $131K | -$634K | -$36K | $21K | -$18K | -$24K | -$2.73M | -$455K | -$619K | -$175K | -$93K | -$8K | -$78K |
| Net Income | -$74.57M | -$25.83M | -$11.32M | -$17.46M | -$17.82M | -$45.74M | -$49.44M | -$11.4M | -$46.35M | -$19.28M | -$24.17M | -$22.4M | -$1.8M | -$11.19M | -$14.39M | -$10.09M | -$9.1M | -$107.11M | -$74.32M | -$41.72M | -$35.95M | -$29.79M | -$5.93M | -$3.65M | -$1.04M |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||||||||||||||||||
| EPS | -0.19 | -0.07 | -0.04 | -0.05 | -0.06 | -0.13 | -0.19 | -0.05 | -0.22 | -0.11 | -0.23 | -0.33 | -0.03 | -0.16 | -0.21 | -0.15 | -0.14 | -1.62 | -1.13 | -0.75 | -0.90 | -1.04 | -0.35 | -0.41 | -0.20 |
| Diluted EPS | -0.19 | -0.07 | -0.04 | -0.05 | -0.06 | -0.13 | -0.19 | -0.05 | -0.22 | -0.11 | -0.23 | -0.33 | -0.03 | -0.16 | -0.21 | -0.15 | -0.14 | -1.62 | -1.13 | -0.75 | -0.90 | -1.04 | -0.35 | -0.38 | -0.20 |
| Weighted Average OS | 550.02M | 537.85M | 530.27M | 529.78M | 521.46M | 473.67M | 358.34M | 312.26M | 300.51M | 246.16M | 146.31M | 95.01M | 95.01M | 95.00M | 94.85M | 93.78M | 92.83M | 92.54M | 91.98M | 77.71M | 55.85M | 39.93M | 23.39M | 12.56M | 7.45M |
| EBITDA | -$73.54M | -$13.21M | -$11.22M | -$17.15M | -$17.55M | -$45.28M | -$48.49M | -$47.14M | -$45.74M | -$19.23M | -$24.73M | -$24.19M | $0 | $12K | -$15.1M | -$9.68M | -$8.86M | -$7.45M | -$73.35M | -$45.06M | -$36.71M | -$29.16M | -$6.07M | -$3.62M | -$1.12M |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2001-12-31 |
| Assets | |||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||
| Cash and Cash Equivalents | $39.11M | $11.53M | $13M | $10.13M | $15.93M | $30.34M | $10.03M | $10.63M | $47.99M | $5.14M | $5.37M | $6.75M | $18.43M | $19.68M | $26.76M | $28.87M | $32.08M | $42.3M | $28.82M | $66.94M | $9.25M | $8.91M | $2.46M | $303K | $1.46M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.13M | $205K | $0 | $0 | $0 | $715 | $1K | $1K | $9K | $0 | $260K | $260K | $0 | $0 | $0 |
| Cash and Short-Term Investments | $39.11M | $11.53M | $13M | $10.13M | $15.93M | $30.34M | $10.03M | $10.63M | $47.99M | $5.14M | $6.49M | $6.96M | $18.43M | $19.68M | $26.76M | $28.87M | $32.08M | $42.3M | $28.83M | $66.94M | $9.51M | $9.17M | $2.46M | $303K | $1.46M |
| Accounts Receivable | $85K | $109K | $0 | $93K | $0 | $467K | $297K | $599K | $417K | $0 | $367K | $102K | $4.76M | $3.44M | $3.58M | $2.39M | $169K | $224K | $734K | $3.16M | $619K | $296K | $164K | $184K | $38K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $482K | $0 | $369K | $0 | $0 | $0 | $0 | $0 | $441K | $912K | $288K | $0 | $126K | $0 | $0 | $0 | $0 | $0 | -$1 | $0 | $0 | $0 | $348K |
| Total Current Assets | $40.61M | $12.9M | $15.09M | $12.03M | $17.26M | $31.39M | $10.68M | $11.62M | $48.7M | $5.63M | $7.59M | $8.5M | $24.1M | $23.25M | $30.47M | $31.36M | $32.25M | $43.09M | $29.57M | $70.1M | $10.13M | $9.47M | $2.62M | $488K | $1.85M |
| Long-Term Assets | |||||||||||||||||||||||||
| Property, Plant & Equipment Net | $45.14M | $84.4M | $87.07M | $91.12M | $95.99M | $96.92M | $99.22M | $103.49M | $95.54M | $101.8M | $105.1M | $88.32M | $77.2M | $754K | $754K | $754K | $0 | $120.64M | $120.68M | $120.65M | $12.23M | $8.71M | $9K | $2K | $3K |
| 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 |
| Intangible 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 |
| Long-Term Investments | $0 | $0 | $623K | $0 | $561K | $0 | $575K | $593K | $541K | $0 | $0 | $0 | $0 | $70.98M | $72.55M | $70.96M | $74.98M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $697K | $703K | $0 | $609K | $0 | $565K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $0 |
| Total Long-Term Assets | $45.83M | $85.11M | $87.69M | $91.73M | $96.55M | $97.49M | $99.8M | $104.08M | $96.08M | $101.8M | $105.1M | $88.32M | $77.2M | $71.73M | $73.31M | $71.71M | $74.98M | $120.64M | $120.68M | $120.65M | $12.23M | $8.71M | $9K | $2K | $3K |
| 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 |
| Total Assets | $86.45M | $98M | $102.78M | $103.76M | $113.81M | $128.88M | $110.48M | $115.7M | $144.78M | $107.43M | $112.68M | $96.82M | $101.31M | $94.98M | $103.78M | $103.07M | $107.23M | $163.74M | $150.25M | $190.75M | $22.36M | $18.18M | $2.63M | $490K | $1.85M |
| Liabilities | |||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||
| Accounts Payable | $513K | $655K | $664K | $1.2M | $1.37M | $4.5M | $8.86M | $3.79M | $7.34M | $900K | $1.14M | $2.9M | $1.33M | $186K | $121K | $323K | $138K | $106K | $5.44M | $5.6M | $2.26M | $2.16M | $104K | $125K | $131K |
| Short-Term Debt | $1.89M | $1.96M | $1.57M | $0 | $0 | $0 | $972K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $782K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $69.88M | $25.23M | $11.92M | $0 | $269K | $0 | $31K | $454K | $752K | $171K | $324K | $1.14M | $1.24M | $0 | $0 | $0 | $0 | $9.43M | $260 | $0 | $0 | $0 | $203K | $8K | $418K |
| Total Current Liabilities | $73.52M | $28.16M | $14.45M | $1.48M | $1.73M | $5.3M | $10.85M | $4.66M | $8.09M | $1.07M | $1.95M | $4.31M | $2.9M | $292K | $121K | $396K | $138K | $9.53M | $5.45M | $5.6M | $2.26M | $2.16M | $307K | $133K | $549K |
| Long-Term Liabilities | |||||||||||||||||||||||||
| Long-Term Debt | $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 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 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.08M | $2.72M | $2.6M | $2.65M | $2.6M | $2.72M | $41.27M | $41.29M | $44.02M | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $574K | $0 | $0 | $5.14M | $38.44M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $176.84M | $0 | $0 | $0 | $0 | $0 | $1 | $0 |
| Total Long-Term Liabilities | $256K | $392K | $242K | $331K | $975K | $469K | $667K | $5.14M | $38.44M | $0 | $0 | $1.08M | $2.72M | $2.6M | $2.65M | $2.6M | $2.72M | $180.01M | $41.29M | $44.02M | $0 | $0 | $0 | $1 | $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 | $0 |
| Total Liabilities | $73.78M | $28.55M | $14.69M | $1.81M | $2.71M | $5.76M | $11.52M | $9.8M | $46.53M | $1.07M | $1.95M | $5.39M | $5.61M | $2.89M | $2.78M | $2.99M | $2.86M | $189.55M | $46.74M | $49.62M | $2.26M | $2.16M | $307K | $133K | $549K |
| 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 |
| Common Stock | $529.28M | $502.13M | $502.27M | $500.36M | $500.36M | $488.05M | $419.75M | $369.64M | $366.77M | $323.06M | $310.87M | $278.11M | $278.11M | $278.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$598.22M | -$523.65M | -$497.99M | -$482.99M | -$465.53M | -$442.99M | -$397.35M | -$347.91M | -$336.52M | -$290.17M | -$270.89M | -$246.72M | -$224.32M | -$222.52M | -$211.33M | -$171.85M | -$160.47M | -$302.82M | -$195.71M | -$121.4M | -$79.68M | -$43.73M | -$13.93M | -$8M | -$4.35M |
| Comprehensive Income & Other | $81.61M | $90.97M | $83.81M | $84.58M | $76.26M | $78.06M | $76.57M | $84.17M | $68M | $73.47M | $70.76M | $60.04M | $41.91M | $36.53M | $0 | $0 | -$11K | -$679K | -$2K | -$201K | -$113K | $5.36M | $1.21M | $474K | $0 |
| Other Stockholders' Equity | $81.61M | $90.97M | $83.81M | $84.58M | $76.26M | $78.06M | $76.57M | $84.17M | $68M | $73.47M | $70.76M | $60.04M | $41.91M | $36.53M | $312.33M | $271.93M | $264.85M | $277.01M | $273.82M | $262.53M | $99.78M | $59.74M | $16.26M | $8.36M | $5.65M |
| Total Equity | $12.67M | $69.45M | $88.09M | $101.95M | $111.1M | $123.12M | $98.96M | $105.9M | $98.25M | $106.35M | $110.74M | $91.43M | $95.69M | $92.1M | $101M | $100.08M | $104.37M | -$25.81M | $78.11M | $141.14M | $20.1M | $16.02M | $2.32M | $356K | $1.3M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25.4M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $86.45M | $98M | $102.78M | $103.76M | $113.81M | $128.88M | $110.48M | $115.7M | $144.78M | $107.43M | $112.68M | $96.82M | $101.31M | $94.98M | $103.78M | $103.07M | $107.23M | $163.74M | $124.85M | $190.75M | $22.36M | $18.18M | $2.63M | $490K | $1.85M |
| Supplementary Data | |||||||||||||||||||||||||
| Total Debt | $2.27M | $2.48M | $1.9M | $438K | $491K | $655K | $1.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$36.83M | -$9.05M | -$11.1M | -$9.69M | -$15.44M | -$29.68M | -$8.19M | -$10.63M | -$47.99M | -$5.14M | -$5.37M | -$6.75M | -$18.43M | -$19.68M | -$26.76M | -$28.87M | -$32.08M | -$42.3M | -$28.82M | -$66.94M | -$9.25M | -$8.91M | -$2.46M | -$303K | -$1.46M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2001-12-31 |
| Operating Activities | |||||||||||||||||||||||||
| Net Income | -$74.57M | -$25.83M | -$15M | -$17.46M | -$22.54M | -$45.64M | -$49.44M | -$11.4M | -$46.35M | -$19.28M | -$24.17M | -$22.4M | -$5.42M | -$11.19M | -$14.39M | -$10.09M | -$9.1M | -$107.11M | -$74.32M | -$41.72M | -$35.95M | -$29.79M | -$5.93M | -$3.65M | -$1.04M |
| Depreciation & Amortization | $123K | $116K | $117K | $185K | $235K | $381K | $462K | $167K | $126K | $146K | $199K | $201K | $6.34M | $12K | $0 | $0 | $0 | $130K | $104K | $89K | $67K | $33K | $3K | $515 | $205 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $33K | $1.47M | $80K | -$34.79M | $365K | $18K | -$1.08M | -$1.64M | $131K | $0 | $0 | $0 | $0 | -$24K | -$2.73M | -$456K | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $1.04M | $19K | $763K | $1.64M | $2.04M | $6.68M | $2.84M | $3.38M | $4.19M | $2.14M | $645K | $2.77M | $458K | $3.73M | $10.15M | $5.98M | $6.06M | $3.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||
| Accounts Receivable | -$109K | $731K | -$185K | -$404K | -$12K | -$393K | $344K | -$88K | -$227K | $289K | -$6K | $217K | $60K | $34K | -$440K | -$65K | $0 | -$78K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $281K | -$312K | -$124K | -$54K | $224K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $103K | $247K | -$571K | -$800K | -$2.49M | -$4.38M | -$113K | -$2.5M | $6.87M | -$461K | -$3.13M | $1.25M | $890K | $65K | -$201K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$81K | -$9K | $37K | -$101K | -$339K | $672K | -$272K | -$86K | -$569K | $324K | $924K | $122K | -$907K | $449K | -$364K | $244K | $0 | $4.1M | -$398K | $3.47M | -$225K | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$86K | $968K | -$719K | -$1.3M | -$2.84M | -$4.1M | -$41K | -$2.67M | $6.36M | -$160K | -$2.33M | $1.53M | $268K | $548K | -$1.01M | $179K | $87K | $4.02M | -$398K | $3.47M | -$225K | $1.72M | $195K | -$215K | $103K |
| Other Non-Cash Items | $56.92M | $12.48M | -$957K | -$178K | -$137K | -$98K | -$159K | -$489K | $4.58M | -$24K | -$88K | -$342K | -$7.39M | -$579K | -$102K | -$353K | $166K | $112.68M | $7.94M | $4.32M | $2.92M | $4.3M | $1.19M | $720K | $0 |
| Net Cash from Operating | -$16.58M | -$12.25M | -$15.8M | -$17.12M | -$23.2M | -$41.31M | -$46.26M | -$45.8M | -$30.74M | -$17.16M | -$26.83M | -$19.87M | -$5.61M | -$7.48M | -$5.35M | -$4.28M | -$2.79M | $13.57M | -$43.98M | -$34.43M | -$33.19M | -$23.74M | -$4.54M | -$3.15M | -$937K |
| Investing Activities | |||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | -$22K | $0 | $0 | $0 | -$14K | -$338K | $0 | -$20K | $0 | $0 | $0 | $0 | -$754K | $0 | -$91K | -$162K | -$247K | -$76K | -$309K | -$9K | $0 | -$2K |
| Acquisitions | $0 | $0 | $0 | $11.05M | $0 | $0 | $4K | $22K | $0 | $0 | $50K | $0 | $3.9M | $0 | $0 | $0 | $0 | $0 | $0 | -$59K | $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 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.25M | $200K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $399K | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $36.11M | $10.43M | $2.11M | $170K | $117K | $93K | $153K | $480K | $296K | $31K | $244K | $142K | $452K | $318K | $247K | -$1.85M | $239K | $0 | $21K | -$1 | $0 | $0 | $2K | $0 | $0 |
| Net Cash from Investing | $36.11M | $10.43M | $2.11M | $11.2M | $117K | $93K | $157K | $466K | -$42K | $1.28M | $424K | $142K | $4.35M | $318K | $247K | -$2.61M | $239K | -$91K | -$141K | $93K | -$76K | -$309K | -$7K | $0 | -$2K |
| Financing Activities | |||||||||||||||||||||||||
| Debt Repaid | $124K | $104K | $109K | $92K | $165K | $210K | -$1.4M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -$265K |
| Common Stock Issuance | $8.76M | $0 | $2.45M | $0 | $623K | $59.05M | $47.07M | $7.57M | $32.79M | $11.45M | $3.69M | $0 | $0 | $69K | $3.01M | $3.69M | $1.88M | $0 | $3.33M | $94.7M | $33.6M | $30.51M | $6.7M | $1.52M | $453K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$5 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.67M | $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 |
| Other Financing Activities | -$86K | $16K | -$42K | $0 | $8.23M | $5.82M | -$2.86M | $7.57M | $42.01M | $4.24M | $21.32M | $8.05M | $21K | $0 | $0 | $0 | $0 | $0 | $2.67M | $0 | $84 | $0 | $0 | $464K | $1 |
| Net Cash from Financing | $8.55M | -$88K | $16.66M | -$92K | $8.71M | $62.86M | $45.61M | $7.57M | $74.8M | $15.7M | $25.01M | $8.05M | $21K | $69K | $3.01M | $3.69M | $1.88M | $0 | $6M | $92.03M | $33.6M | $30.51M | $6.7M | $1.99M | $719K |
| Forex Effect | -$507K | $440K | -$86K | $212K | -$35K | -$1.33M | -$101K | $409K | -$1.18M | -$49K | $6K | -$7K | -$3K | $1K | -$11K | -$14K | -$93K | $0 | $0 | $0 | $0 | $0 | $2 | $0 | -$2 |
| Net Change in Cash | $27.57M | -$1.47M | $2.88M | -$5.8M | -$14.41M | $20.31M | -$596K | -$37.36M | $42.84M | -$224K | -$1.38M | -$11.68M | -$1.24M | -$7.09M | -$2.1M | -$3.21M | -$765K | $13.48M | -$38.12M | $57.69M | $338K | $6.46M | $2.16M | -$1.16M | -$220K |
| Supplementary Data | |||||||||||||||||||||||||
| Operating Cash Flow | -$16.58M | -$12.25M | -$15.8M | -$17.12M | -$23.2M | -$41.31M | -$46.26M | -$45.8M | -$30.74M | -$17.16M | -$26.83M | -$19.87M | -$5.61M | -$7.48M | -$5.35M | -$4.28M | -$2.79M | $13.57M | -$43.98M | -$34.43M | -$33.19M | -$23.74M | -$4.54M | -$3.15M | -$937K |
| Capital Expenditure | $0 | $0 | $0 | -$22K | $0 | $0 | $0 | -$14K | -$338K | $0 | -$20K | $0 | $0 | $0 | $0 | -$754K | $0 | -$91K | -$162K | -$247K | -$76K | -$309K | -$9K | $0 | -$2K |
| Free Cash Flow | -$16.58M | -$12.25M | -$15.8M | -$17.14M | -$23.2M | -$41.31M | -$46.26M | -$45.82M | -$31.08M | -$17.16M | -$26.85M | -$19.87M | -$5.61M | -$7.48M | -$5.35M | -$5.03M | -$2.79M | $13.48M | -$44.14M | -$34.68M | -$33.27M | -$24.05M | -$4.55M | -$3.15M | -$938K |
| Cash at Beginning | $11.53M | $13M | $10.13M | $15.93M | $30.34M | $10.03M | $10.63M | $47.99M | $5.14M | $5.37M | $6.75M | $18.43M | $19.68M | $26.76M | $28.87M | $32.08M | $32.84M | $28.82M | $66.94M | $9.25M | $8.91M | $2.46M | $303K | $1.46M | $1.68M |
| Cash at End | $39.11M | $11.53M | $13M | $10.13M | $15.93M | $30.34M | $10.03M | $10.63M | $47.99M | $5.14M | $5.37M | $6.75M | $18.43M | $19.68M | $26.76M | $28.87M | $32.08M | $42.3M | $28.82M | $66.94M | $9.25M | $8.91M | $2.46M | $303K | $1.46M |