Protalix BioTherapeutics, Inc. (PLX)
Protalix BioTherapeutics, Inc., a biopharmaceutical company, engages in the development, production, and commercialization of recombinant therapeutic proteins based on the ProCellEx plant cell-based protein expression system. The company provides Elelyso for the treatment of Gaucher disease; and Elfabrio for the treatment of adult patients with a confirmed diagnosis of Fabry disease. It is also developing PRX-115, a plant cell expressed recombinant PEGylated Uricase, which is in Phase 2 trial for the treatment of gout; and PRX-119, a plant cell expressed PEGylated recombinant human DNase I product candidate for the treatment of neutrophil extracellular traps diseases. The company has agreements and partnerships with Pfizer; Fundação Oswaldo Cruz; and Chiesi Farmaceutici S.p.A. Protalix BioTherapeutics, Inc. has strategic partnership with Secarna Pharmaceuticals GmbH & Co KG. The company is headquartered in Hackensack. New Jersey.
Sector: Biological Products, (No Diagnostic Substances)
Industry: Biotechnology
Protalix BioTherapeutics, Inc.
NYSE:PLXHealthcare · Biotechnology
-2.75%$2.48
AH Close$2.48+0.00%vs close
AH Close$2.48+0.00%vs close
Mkt Cap$199.82M
Float75M
O/S80.57M
Inst Own18.1%
SI4.7%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$52.74M
Net Income-$6.6M
Total Assets$82.35M
Free Cash Flow-$13.63M
Debt & Equity
Debt 15%
Equity 85%
Total Debt$8.32M
Total Equity$48.23M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:10Reverse splitDec 20, 201910 shares → 1
Balance Sheet Details
Assets$82.35M
Liabilities$34.12M
Accounts Receivable$8.84M
Accounts Payable$5.26M
Inventory$25.73M
PP&E (Net)$12.58M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 |
| Revenue | $52.74M | $53.4M | $65.49M | $47.64M | $38.35M | $62.9M | $54.69M | $34.24M | $21.08M | $9.2M | $4.36M | $15.16M | $11.51M | $34.42M | $8.39M | $11.24M | $388K | $0 | $0 | $150K | $150K | $430K | $0 | $0 | $0 | $0 | $3.56M | $8.04M | $0 | $0 |
| YoY Growth | -1.2% | -18.5% | 37.5% | 24.2% | -39.0% | 15.0% | 59.7% | 62.4% | 129.1% | 110.8% | -71.2% | 31.7% | -66.6% | 310.5% | -25.4% | 2797.9% | - | - | - | 0.0% | -65.1% | - | - | - | - | - | -55.8% | - | - | - |
| Cost of Revenue | $27.51M | $24.32M | $22.98M | $19.59M | $16.35M | $10.87M | $10.89M | $9.3M | $15.23M | $8.4M | $730K | $9.05M | $5.43M | $8.14M | $1.52M | $4.38M | $3.58M | $0 | $2.25M | $35K | $35K | $0 | $0 | $0 | $0 | $0 | $2.68M | $6.31M | $0 | $0 |
| Gross Profit | $25.24M | $29.08M | $42.51M | $28.05M | $22M | $52.02M | $43.8M | $24.94M | $5.85M | $801K | $3.63M | $6.11M | $6.08M | $26.28M | $1.44M | $6.86M | -$3.19M | $0 | $0 | $115K | $115K | $310K | $0 | $0 | $0 | $0 | $871K | $1.73M | $0 | $0 |
| Gross Margin | 47.8% | 54.5% | 64.9% | 58.9% | 57.4% | 82.7% | 80.1% | 72.8% | 27.7% | 8.7% | 83.3% | 40.3% | 52.9% | 76.3% | 17.2% | 61.0% | -821.4% | - | - | 76.7% | 76.7% | 72.1% | - | - | - | - | 24.5% | 21.5% | - | - |
| Research and Development | $19.05M | $12.97M | $17.09M | $29.35M | $29.73M | $38.17M | $44.62M | $33.33M | $28.83M | $30.41M | $20.02M | $27.35M | $29.23M | $28.69M | $31.04M | $29.95M | $21.64M | $17.4M | $12.86M | $5.25M | $3.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $11.68M | $12.19M | $14.96M | $11.71M | $12.73M | $11.15M | $9.9M | $10.92M | $11.53M | $9.36M | $7.28M | $9.23M | $8.38M | $9.76M | $6.93M | $6.88M | $7.14M | $6.77M | $11.71M | $4.53M | $93K | $807K | $147K | $166K | $292K | $382K | $1.52M | $2.09M | $164K | $44K |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$6.8M | $0 | -$6.13M | -$4.35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $94K | $0 | $163K | $818K | $0 | $0 |
| Total Operating Expenses | $30.74M | $25.16M | $32.05M | $41.06M | $42.46M | $49.31M | $54.52M | $44.25M | $40.36M | $33.96M | $27.3M | $31.31M | $34.06M | $38.45M | $37.97M | $36.83M | $28.78M | $24.17M | $22.25M | $9.77M | $93K | $2.73M | $147K | $166K | $386K | $382K | $1.69M | $2.9M | $164K | $44K |
| Operating Income (EBIT) | -$5.5M | $3.92M | $10.46M | -$13.01M | -$20.46M | $2.71M | -$10.72M | -$19.31M | -$34.52M | -$33.16M | -$23.67M | -$28.56M | -$27.12M | -$12.17M | -$36.53M | -$29.97M | -$31.97M | -$24.17M | -$24.57M | -$9.7M | -$5.79M | -$2.42M | -$147K | -$166K | -$386K | -$382K | -$816K | -$1.17M | -$164K | -$44K |
| Operating Margin | -10.4% | 7.3% | 16.0% | -27.3% | -53.4% | 4.3% | -19.6% | -56.4% | -163.8% | -360.5% | -542.4% | -188.4% | -235.5% | -35.4% | -435.6% | -266.5% | -8239.4% | - | - | -6469.3% | -3859.3% | -562.1% | - | - | - | - | -23.0% | -14.6% | - | - |
| Interest Expense | $1.19M | $1.06M | $3.18M | $2.53M | $7.52M | $9.67M | $7.97M | $7.68M | $9.72M | $4.19M | $3.73M | $4.93M | $0 | $34K | $2K | $968K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $52K | $0 | $0 |
| Interest Income | $1.08M | $1.3M | $1.29M | $1.15M | $401K | $438K | $407K | $536K | $188K | $589K | $123K | $196K | $0 | $588K | $0 | $0 | $462K | $1.76M | $2.08M | $344K | $14K | $6K | $7K | $16K | $57K | $126K | $0 | $79K | $0 | $244K |
| Other Income (Expense) | -$108K | $237K | -$1.89M | -$1.38M | -$7.12M | -$9.23M | -$7.56M | -$7.15M | -$48.92M | $3.99M | -$3.61M | -$4.74M | $6.82M | $554K | $36.53M | $58.96M | $63.41M | $46.59M | $2.09M | $9.43M | $5.79M | -$4K | $0 | $312 | -$94K | $150K | -$254K | $0 | $344K | $244K |
| Income Before Tax (EBT) | -$5.61M | $4.15M | $8.57M | -$14.4M | -$27.58M | -$6.52M | -$18.28M | -$26.46M | -$83.44M | -$29.18M | -$27.28M | -$33.3M | -$27.79M | -$11.62M | $2K | $29M | $31.44M | $22.41M | -$22.48M | -$344K | -$5.75M | -$2.42M | $0 | -$165K | -$480K | -$232K | -$1.07M | $0 | $179K | $200K |
| Income Tax Expense | $996K | $1.22M | $254K | $530K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.94M | $0 | $0 | $43.31M | $48.79M | $62.88M | $44.83M | $0 | $11.15M | -$14K | $0 | $141K | -$16K | -$151K | -$126K | $182K | -$27K | $61K | $68K |
| Net Income | -$6.6M | $2.93M | $8.31M | -$14.93M | -$27.58M | -$6.52M | -$18.28M | -$26.46M | -$83.44M | -$29.36M | $58.04M | -$29.94M | -$27.79M | -$11.62M | -$36.53M | -$29M | -$31.44M | -$22.41M | -$22.48M | -$9.43M | -$5.75M | -$2.42M | -$141K | -$150K | -$329K | -$106K | -$998K | -$1.15M | $118K | $132K |
| Net Income Margin | -12.5% | 5.5% | 12.7% | -31.3% | -71.9% | -10.4% | -33.4% | -77.3% | -395.9% | -319.2% | 1329.9% | -197.5% | -241.4% | -33.7% | -435.6% | -257.9% | -8103.1% | - | - | -6284.7% | -3830.7% | -563.0% | - | - | - | - | -28.1% | -14.3% | - | - |
| Supplementary Data | ||||||||||||||||||||||||||||||
| EPS | -0.08 | 0.04 | 0.12 | -0.31 | -0.62 | -0.22 | -1.23 | -1.80 | -6.50 | -0.29 | 0.61 | -0.32 | -0.30 | -1.30 | -4.30 | -0.36 | -0.41 | -0.30 | -3.35 | -0.32 | -3.10 | -1.30 | -0.48 | -0.51 | -1.02 | -0.26 | -19.00 | -25.00 | 0.47 | 0.61 |
| Diluted EPS | -0.08 | 0.04 | 0.10 | -0.31 | -0.62 | -0.22 | -1.23 | -1.80 | -6.50 | -0.29 | 0.61 | -0.32 | -0.30 | -1.30 | -4.30 | -3.60 | -4.10 | -0.30 | -3.35 | -0.32 | -3.10 | -1.30 | -0.48 | -0.51 | -1.02 | -3.00 | -19.00 | -25.00 | 0.47 | 0.61 |
| Weighted Average OS | 78.55M | 72.53M | 67.51M | 48.47M | 44.14M | 29.15M | 14.84M | 14.71M | 13.11M | 101.39M | 9.49M | 9.29M | 9.24M | 9.09M | 8.46M | 8.10M | 7.69M | 7.59M | 6.72M | 29.30M | 1.88M | 30,781 | 29,154 | 29,154 | 32,285 | 40,146 | 52,173 | 45,637 | 10,000 | 10,000 |
| EBITDA | -$2.95M | $6.52M | $12.94M | -$10.78M | -$18.94M | $4.45M | -$8.69M | -$17.1M | -$71.8M | -$23M | -$21.18M | -$25.22M | -$23.58M | -$7.93M | -$32.9M | -$26.83M | -$29.98M | -$21.18M | -$21.79M | -$8.99M | -$5.48M | -$2.29M | -$147K | -$166K | -$292K | -$382K | -$653K | -$972K | -$164K | -$44K |
| EBITDA Margin | -5.6% | 12.2% | 19.8% | -22.6% | -49.4% | 7.1% | -15.9% | -49.9% | -340.6% | -250.0% | -485.3% | -166.4% | -204.8% | -23.0% | -392.3% | -238.6% | -7726.5% | - | - | -5994.7% | -3652.0% | -533.5% | - | - | - | - | -18.4% | -12.1% | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 |
| Assets | ||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $14.68M | $19.76M | $23.63M | $17.11M | $38.98M | $18.27M | $17.79M | $37.81M | $51.16M | $63.28M | $76.37M | $54.77M | $86.4M | $52.03M | $27M | $35.9M | $81.27M | $42.6M | $61.81M | $15.38M | $985K | $564K | $179K | $808K | $916K | $391K | $407K | $1.29M | $548K | $764K |
| Short-Term Investments | $15.59M | $15.07M | $20.93M | $5.07M | $0 | $20.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $552K | $0 | $0 | $1.22M | $1.06M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $30.27M | $34.83M | $44.56M | $22.18M | $38.98M | $38.55M | $17.79M | $37.81M | $51.16M | $63.28M | $76.37M | $54.77M | $86.4M | $52.03M | $27M | $35.9M | $81.27M | $42.6M | $61.81M | $15.38M | $985K | $564K | $732K | $808K | $916K | $1.61M | $1.47M | $1.29M | $548K | $764K |
| Accounts Receivable | $8.84M | $2.91M | $5.27M | $4.59M | $3.44M | $2M | $4.7M | $4.73M | $1.72M | $693K | $0 | $1.88M | $2.09M | $1.41M | $1.37M | $9.24M | $2.14M | $793K | $1.35M | $1.34M | $232K | $0 | $0 | $0 | $0 | $0 | $0 | $1.11M | $0 | $1K |
| Inventory | $25.73M | $21.24M | $19.05M | $16.8M | $17.95M | $13.08M | $8.15M | $8.57M | $7.83M | $5.25M | $5.77M | $6.67M | $7.96M | $4.04M | $279K | $1.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $1.44M | $596K | $611K | $536K | $380K | $1.25M | $1.52M | $1.42M | $1.5M | $2.23M | $3.33M | $2.2M | $1.17M | $3.44M | $3.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $191K | $175K | $0 | $6.88M | $6.57M |
| Total Current Assets | $66.67M | $60.08M | $69.93M | $44.88M | $61.67M | $55.72M | $32.48M | $52.98M | $62.65M | $71.87M | $85.88M | $65.52M | $97.9M | $61.17M | $32.49M | $46.33M | $83.41M | $43.39M | $63.17M | $24.29M | $987K | $566K | $734K | $832K | $956K | $1.8M | $1.64M | $2.59M | $7.43M | $7.33M |
| Long-Term Assets | ||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $12.58M | $10.02M | $10.88M | $9.64M | $9.92M | $10.41M | $10.95M | $6.39M | $7.68M | $8.7M | $9.74M | $11.28M | $13.71M | $16.31M | $18.27M | $17.45M | $14.54M | $6.84M | $4.51M | $2.4M | $0 | $0 | $0 | $0 | $0 | $0 | -$108K | $839K | $0 | $0 |
| 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 |
| 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 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $2.52M | $2.86M | $3.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $74K | $41K | $8K |
| Other Long-Term Assets | $578K | $462K | $528K | $1.27M | $2.08M | $1.8M | $1.96M | $1.76M | $1.89M | $1.68M | $1.63M | $1.67M | $1.72M | $1.25M | $0 | $942K | $724K | $581K | $464K | $293K | $0 | $0 | $0 | $43K | $67K | $105K | $512K | $1.27M | $0 | $0 |
| Total Long-Term Assets | $15.67M | $13.34M | $14.5M | $10.91M | $12M | $12.21M | $12.91M | $8.15M | $9.56M | $10.38M | $11.37M | $12.95M | $15.43M | $17.56M | $19.31M | $18.4M | $15.26M | $7.42M | $4.97M | $2.7M | $0 | $0 | $0 | $43K | $67K | $105K | $404K | $2.19M | $41K | $8K |
| 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 |
| Total Assets | $82.35M | $73.42M | $84.43M | $55.79M | $73.67M | $67.93M | $45.39M | $61.13M | $72.21M | $82.25M | $97.25M | $78.47M | $113.33M | $78.73M | $51.8M | $64.73M | $98.67M | $50.81M | $68.14M | $26.99M | $987K | $566K | $734K | $875K | $1.02M | $1.9M | $2.05M | $4.77M | $7.47M | $7.34M |
| Liabilities | ||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||
| Accounts Payable | $5.26M | $4.53M | $4.32M | $5.86M | $6.99M | $7.22M | $6.5M | $5.21M | $7.52M | $4.01M | $3.63M | $3.84M | $5.25M | $5.27M | $5.03M | $6.27M | $3.41M | $2.23M | $899K | $892K | $426K | $4K | $79K | $79K | $77K | $487K | $328K | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $21.66M | $0 | $0 | $58.51M | $4.3M | $0 | $5.92M | $53.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $58K | $16K | $0 | $0 |
| Current Income Tax Payable | $0 | $3.48M | $2.88M | $530K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $50K | $76K |
| Current Unearned Revenue | $0 | $0 | $0 | $13.18M | $8.55M | $5.39M | $16.34M | $9.87M | $26.85M | $837K | $504K | $6.76M | $9.37M | $9.44M | $6.12M | $4.56M | $4.56M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $2.31M | $1.81M | $4.94M | $11.05M | $1.51M | $1.53M | $1.75M | $9.18M | $526K | $1.4M | $5.98M | $14.37M | $10.52M | $9.3M | $1.22M | $8.07M | $13.56M | $1.9M | $0 | $0 | -$772K | $0 | $0 | $0 | $0 | $74K | $74K | $182K | $0 | $0 |
| Total Current Liabilities | $26.52M | $25.62M | $45.53M | $32.43M | $33.18M | $86.47M | $40.17M | $25.35M | $22.75M | $66.21M | $11.23M | $26.21M | $26.7M | $25.75M | $18.69M | $18.9M | $21.53M | $5.53M | $3.76M | $2.27M | $73K | $70K | $79K | $79K | $77K | $561K | $459K | $1.37M | $89K | $80K |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $28.19M | $27.89M | $0 | $50.96M | $47.97M | $46.27M | $23.64M | $72.1M | $67.46M | $67.05M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $48K | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $11.79M | $1.72M | $16.98M | $33.03M | $26.85M | $0 | $744K | $37.23M | $41.8M | $48.89M | $50.92M | $55.49M | $60.05M | $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 | $2.37M | $2.59M | $0 | $0 | $2.25M | $2.37M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $661K | $559K | $714K | $1.64M | $2.47M | $2.31M | $3.07M | $7.67M | $7.64M | $2.35M | $2.3M | $3.17M | $4.74M | $7.44M | $8.27M | $1.66M | $1.21M | $937K | $690K | $436K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.38M | $7.26M |
| Total Long-Term Liabilities | $7.6M | $4.58M | $5.33M | $34M | $46.52M | $8.5M | $75.54M | $88.66M | $80.75M | $25.99M | $75.14M | $107.86M | $113.58M | $56.33M | $59.19M | $57.15M | $61.26M | $937K | $690K | $436K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $48K | $7.38M | $7.26M |
| 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 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $34.12M | $30.21M | $50.87M | $66.43M | $79.7M | $94.97M | $115.71M | $114.01M | $103.51M | $92.2M | $86.38M | $134.07M | $140.28M | $82.08M | $77.88M | $76.05M | $82.79M | $6.46M | $4.45M | $2.7M | $73K | $70K | $79K | $79K | $77K | $561K | $459K | $1.42M | $7.47M | $7.34M |
| 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 | $108K | $0 | $0 | $0 | $0 |
| Common Stock | $80K | $76K | $73K | $54K | $46K | $35K | $15K | $148K | $144K | $124K | $100K | $94K | $93K | $93K | $86K | $81K | $81K | $76K | $76K | $62K | $583 | $292 | $292 | $292 | $292 | $393 | $420 | $588 | $0 | $0 |
| Retained Earnings | -$385M | -$378.39M | -$381.55M | -$389.86M | -$374.93M | -$347.35M | -$340.83M | -$322.55M | -$297.93M | -$212.66M | -$183.29M | -$241.33M | -$211.38M | -$183.59M | -$171.98M | -$135.45M | -$106.45M | -$75.01M | -$42.99M | -$20.51M | -$3.81M | -$3.74M | -$3.58M | -$3.44M | -$3.29M | -$2.96M | -$2.85M | -$1.85M | $0 | $0 |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$29.12M | -$27.46M | -$25.6M | -$183.29M | -$241.33M | -$18.32M | -$14.79M | -$11.15M | -$7.59M | -$4.7M | -$2.91M | -$1.62M | $355K | $0 | $0 | $0 | $0 | $0 | -$108K | -$87K | $0 | $0 | $0 |
| Other Stockholders' Equity | $433.15M | $421.53M | $415.05M | $379.17M | $368.85M | $320.28M | $270.49M | $269.52M | $266.5M | $202.57M | $194.06M | $185.63M | $184.35M | $180.15M | $145.81M | $124.04M | $122.25M | $119.28M | $106.6M | $44.73M | $4.73M | $4.23M | $4.23M | $4.23M | $4.23M | $4.3M | $4.44M | $5.21M | - | - |
| Total Equity | $48.23M | $43.21M | $33.57M | -$10.64M | -$6.04M | -$27.04M | -$70.32M | -$52.88M | -$31.29M | -$9.96M | $10.87M | -$55.6M | -$26.95M | -$3.36M | -$26.08M | -$11.32M | $15.88M | $44.35M | $63.69M | $24.28M | $914K | $495K | $655K | $796K | $946K | $1.34M | $1.59M | $3.35M | $0 | $0 |
| 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 |
| Total Liabilities and Equity | $82.35M | $73.42M | $84.43M | $55.79M | $73.67M | $67.93M | $45.39M | $61.13M | $72.21M | $82.25M | $97.25M | $78.47M | $113.33M | $78.73M | $51.8M | $64.73M | $98.67M | $50.81M | $68.14M | $26.99M | $987K | $566K | $734K | $875K | $1.02M | $1.9M | $2.05M | $4.77M | $7.47M | $7.34M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Total Debt | $8.32M | $5.53M | $27.69M | $33.47M | $33.47M | $64.4M | $60.92M | $47.97M | $52.19M | $77.52M | $72.1M | $67.46M | $67.05M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $58K | $64K | $0 | $0 |
| Net Debt | -$6.36M | -$14.23M | $4.06M | $16.36M | -$5.51M | $46.13M | $43.13M | $10.16M | $1.02M | $14.23M | -$4.28M | $12.7M | -$19.35M | -$52.03M | -$27M | -$35.9M | -$81.27M | -$42.6M | -$61.81M | -$15.38M | -$985K | -$564K | -$179K | -$808K | -$916K | -$391K | -$350K | -$1.23M | -$548K | -$764K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 |
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | -$6.6M | $2.93M | $8.31M | -$14.93M | -$27.58M | -$6.52M | -$18.28M | -$26.46M | -$85.28M | -$29.18M | -$27.28M | -$29.94M | -$27.79M | -$11.62M | -$36.53M | -$29M | -$31.44M | -$22.41M | -$22.48M | -$9.39M | -$75K | -$160K | -$141K | -$150K | -$329K | -$106K | -$998K | -$1.15M | $118K | $132K |
| Depreciation & Amortization | $1.47M | $1.3M | $1.19M | $1.09M | $1.12M | $1.3M | $1.62M | $1.67M | $1.92M | $1.98M | $2.37M | $3.14M | $3.54M | $3.69M | $3.63M | $3.13M | $1.99M | $1.23M | $692K | $435K | $311K | $123K | $0 | $0 | $0 | $0 | $163K | $202K | $0 | $0 |
| Deferred Income Tax | $340K | $236K | -$3.09M | $0 | $0 | $0 | -$68K | -$64K | $39.35M | -$7.59M | $1.56M | $115K | $142K | $240K | $36.87M | -$617K | -$218K | -$3.03M | -$11.71M | -$3.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$33K | -$8K |
| Stock-Based Compensation | $2.3M | $3.25M | $3.45M | $2.08M | $2.38M | $3.13M | $835K | $514K | $337K | $988K | $1.8M | $1.24M | $4.09M | $7.75M | $886K | $1.28M | $2.68M | $3.07M | $10.85M | $3.42M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||
| Accounts Receivable | -$5.89M | $2.32M | -$428K | -$1.19M | -$1.03M | $2.09M | $188K | -$3.1M | $25K | -$1.13M | $523K | -$799K | $1.9M | $243K | $3.89M | -$6.86M | -$1.22M | $636K | $140K | -$1.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$4.49M | -$2.2M | -$2.24M | $1.15M | -$4.87M | -$4.93M | $414K | -$736K | -$2.59M | $522K | -$2.32M | $1.29M | -$3.92M | -$3.76M | $910K | -$1.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $2.14M | -$520K | $4.9M | $2.14M | -$1.87M | $954K | -$1.32M | $2.98M | $6.15M | -$1.03M | $7.78M | $1.38M | $903K | $1.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $277K | $692K | -$7.87M | -$11.97M | $15.8M | -$24.29M | -$9.58M | $17.88M | $26.76M | -$411K | $362K | -$7.17M | -$7.16M | $1.28M | -$3M | -$4.56M | $64.61M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10K | $80K |
| Total Working Capital Change | -$10.1M | $811K | -$10.54M | -$12.02M | $9.9M | -$27.13M | -$6.83M | $13.53M | $29.1M | $1.12M | -$3.3M | -$5.72M | -$10.5M | $741K | $7.94M | -$13.64M | $71.17M | $2.01M | $1.04M | $269K | $2K | -$8K | -$218 | $3K | -$394K | $194K | -$1.08M | $562K | $10K | $80K |
| Other Non-Cash Items | $608K | $138K | -$638K | -$1.23M | $3.9M | $3.12M | $3.37M | $3.07M | $4.57M | $581K | $569K | $1.89M | -$137K | -$171K | -$36.37M | $377K | $265K | $3.12M | $11.17M | $3.64M | -$311K | -$123K | $4K | -$150 | -$66K | -$141K | $508K | -$526K | -$344K | -$244K |
| Net Cash from Operating | -$11.99M | $8.67M | -$1.32M | -$25M | -$10.29M | -$26.11M | -$19.36M | -$7.74M | -$9.99M | -$32.1M | -$24.28M | -$29.28M | -$30.65M | $635K | -$23.57M | -$38.46M | $44.45M | -$16.02M | -$10.45M | -$5.09M | -$72K | -$168K | -$137K | -$147K | -$789K | -$53K | -$1.41M | -$910K | -$248K | -$41K |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditures | -$1.64M | -$1.28M | -$1.15M | -$628K | -$1.46M | -$655K | -$627K | -$686K | -$971K | -$849K | -$464K | -$785K | -$1.89M | -$2.07M | -$5.71M | -$7.86M | -$6.2M | -$3.37M | -$2.33M | -$842K | $0 | $0 | $0 | $0 | $0 | $0 | -$29K | -$140K | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $20K | $3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$702K | -$15M | -$20.42M | -$16M | -$37.84M | -$20M | $0 | $0 | $0 | $0 | $0 | -$90K | -$212K | -$218K | -$165K | -$137K | $0 | $0 | $0 | -$47K | $0 | $0 | -$552K | $0 | $0 | -$2.4M | -$1.06M | -$59K | $0 | -$6.32M |
| Sales of Investments | $0 | $20.42M | $5M | $11M | $57.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.22M | $2.24M | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$26K | $83K | -$142K | $593K | $380K | $703K | -$256K | $95K | -$148K | -$118K | $39.85M | -$126K | -$212K | -$218K | $2K | -$137K | $21K | -$330K | -$103K | -$91K | $0 | $552K | $61K | $39K | $97K | $227K | $1.62M | -$3.65M | $32K | $0 |
| Net Cash from Investing | -$2.37M | $4.22M | -$16.71M | -$5.04M | $18.92M | -$19.95M | -$883K | -$591K | -$1.12M | -$967K | $39.39M | -$1M | -$2.1M | -$2.29M | -$5.87M | -$7.99M | -$6.17M | -$3.7M | -$2.44M | -$980K | $0 | $552K | -$491K | $39K | $1.31M | $71K | $532K | -$3.85M | $32K | -$6.32M |
| Financing Activities | ||||||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | $34.12M | $215K | - | $4.75M | $1.42M | -$19.68M | - | - | -$66.78M | - | - | - | - | - | - | - | $1M | -$800K | - | - | - | $35K | $6K | $517K | - | - |
| Common Stock Issuance | $9.33M | $3.63M | $23.95M | $8.24M | $46.2M | $46.21M | $0 | $0 | $0 | $14K | $6.1M | $0 | $0 | $25.33M | $20.65M | $0 | $0 | $5K | $58.67M | $16.37M | $8.37M | $2.55M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.05M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$56K | $0 | $0 | $0 | $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 |
| Other Financing Activities | $0 | $0 | $712K | $2K | $0 | $472K | $0 | $0 | $0 | $14K | $534K | $46K | $112K | $1.23M | $277K | $501K | $293K | -$56K | -$104K | $341K | -$6.88M | $0 | $0 | $0 | $0 | $0 | $0 | $6.48M | $0 | $0 |
| Net Cash from Financing | $9.33M | -$16.79M | $24.67M | $8.24M | $12.08M | $46.47M | $0 | -$4.75M | -$1.42M | $19.7M | $6.63M | $46K | $66.89M | $26.56M | $20.93M | $501K | $293K | -$51K | $58.57M | $16.71M | $494K | $0 | $0 | $0 | $0 | -$35K | -$6K | $5.97M | $0 | $7.05M |
| Forex Effect | $655K | $25K | -$114K | -$77K | $6K | $64K | $225K | -$270K | $414K | $277K | -$131K | -$1.4M | $226K | $127K | -$388K | $589K | $99K | $550K | $756K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$4.38M | -$3.87M | $6.52M | -$21.87M | $20.72M | $473K | -$20.02M | -$13.36M | -$12.12M | -$13.09M | $21.61M | -$31.63M | $34.36M | $25.03M | -$8.9M | -$45.37M | $38.67M | -$19.22M | $46.44M | $10.64M | $422K | $384K | -$628K | -$108K | $525K | -$17K | -$882K | $1.2M | -$216K | $688K |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Operating Cash Flow | -$11.99M | $8.67M | -$1.32M | -$25M | -$10.29M | -$26.11M | -$19.36M | -$7.74M | -$9.99M | -$32.1M | -$24.28M | -$29.28M | -$30.65M | $635K | -$23.57M | -$38.46M | $44.45M | -$16.02M | -$10.45M | -$5.09M | -$72K | -$168K | -$137K | -$147K | -$789K | -$53K | -$1.41M | -$910K | -$248K | -$41K |
| Capital Expenditure | -$1.64M | -$1.28M | -$1.15M | -$628K | -$1.46M | -$655K | -$627K | -$686K | -$971K | -$849K | -$464K | -$785K | -$1.89M | -$2.07M | -$5.71M | -$7.86M | -$6.2M | -$3.37M | -$2.33M | -$842K | $0 | $0 | $0 | $0 | $0 | $0 | -$29K | -$140K | $0 | $0 |
| Free Cash Flow | -$13.63M | $7.39M | -$2.47M | -$25.63M | -$11.74M | -$26.76M | -$19.98M | -$8.43M | -$10.96M | -$32.95M | -$24.75M | -$30.07M | -$32.54M | -$1.43M | -$29.27M | -$46.32M | $38.26M | -$19.39M | -$12.78M | -$5.93M | -$72K | -$168K | -$137K | -$147K | -$789K | -$53K | -$1.44M | -$1.05M | -$248K | -$41K |
| Cash at Beginning | $19.76M | $23.63M | $17.11M | $38.98M | $18.27M | $17.79M | $37.81M | $51.16M | $63.28M | $76.37M | $54.77M | $86.4M | $52.03M | $27M | $35.9M | $81.27M | $42.6M | $61.81M | $15.38M | $4.74M | $564K | $179K | $808K | $916K | $391K | $407K | $1.29M | $85K | $764K | $76K |
| Cash at End | $15.38M | $19.76M | $23.63M | $17.11M | $38.98M | $18.27M | $17.79M | $37.81M | $51.16M | $63.28M | $76.37M | $54.77M | $86.4M | $52.03M | $27M | $35.9M | $81.27M | $42.6M | $61.81M | $15.38M | $985K | $564K | $179K | $808K | $916K | $391K | $407K | $1.29M | $548K | $764K |