Skeena Resources Ltd (SKE)
Skeena Resources Limited is a Canadian company primarily engaged in the discovery and advancement of mineral resource projects within Canada. The company's exploration activities concentrate on identifying deposits rich in gold, silver, copper, and other valuable metals. Skeena boasts full ownership of two key properties located in British Columbia, Canada: The Snip gold mine, which encompasses approximately 1,932 hectares, divided into one mining lease and four mineral tenures. The Eskay Creek gold mine, covering a larger area of 6,151 hectares, composed of eight mineral leases, two surface leases, and various unpatented mining claims. Established in 1979, the company was initially known as Prolific Resources Ltd. before rebranding to Skeena Resources Limited in June 1990. Its corporate headquarters are situated in Vancouver, Canada.
Sector: Gold and Silver Ores
Industry: Industrial Materials
Skeena Resources Limited
NYSE:SKEBasic Materials · Industrial Materials
-2.51%$28.02
AH Close$28.02+0.00%vs close
AH Close$28.02+0.00%vs close
Mkt Cap$3.52B
Float108.64M
O/S125.46M
Inst Own51.9%
SI5.9%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$130.54M
Total Assets$549.87M
Free Cash Flow-$252.17M
Debt & Equity
Debt 28%
Equity 72%
Total Debt$45.04M
Total Equity$113.61M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in SKE's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$549.87M
Liabilities$436.27M
Accounts Receivable$3.93M
Accounts Payable$0
Inventory$0
PP&E (Net)$399.5M
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 | $1.3M | $0 | $1.29M | $1.01M | $1.14M | $350K | $221K | $126K | $71K | $25K | $6K | $1K | $2K | $3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | -$1.3M | $0 | -$1.29M | -$1.01M | -$1.14M | -$350K | -$221K | -$126K | -$71K | -$25K | -$6K | -$1K | -$2K | -$3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $45K | $43K | $347K | $102K | $0 | $0 | $0 | $11K | $9K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $39.57M | $124.4M | $61.08M | $58.53M | $72.56M | $44.45M | $9.35M | $10.94M | $7.55M | $9.54M | $5.56M | $1.67M | $57K | $71K | $195K | $447K | $211K | $435K | $501K | $464K | $440K | $120K | $359K | $61K | $82K |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.07M | $780K | $1.13M | $60K | $78K | -$25K | -$3K | $4K | -$17K | -$54K | $5K | $3K | $0 | -$287 | $145 | $0 | $0 |
| Total Operating Expenses | $39.57M | $124.4M | $61.08M | $58.53M | $72.56M | $44.45M | $9.35M | $11.03M | $8.16M | $10.46M | $6.17M | $1.79M | $135K | $136K | $226K | $460K | $259K | $382K | $506K | $467K | $443K | $120K | $359K | $61K | $83K |
| Operating Income (EBIT) | -$40.87M | -$124.4M | -$62.37M | -$59.54M | -$73.71M | -$44.8M | -$9.57M | -$11.15M | -$8.23M | -$10.48M | -$6.18M | -$1.79M | -$121K | -$124 | -$226K | -$460K | -$259K | -$382K | -$506K | $467K | $737K | -$120K | $429K | -$61K | -$83K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $1.95M | $0 | $0 | $0 | $0 | $85K | $96K | $2K | $18K | $18K | $11K | $3 | $103 | $25K | $1K | $7K | $152 | $11K | $0 | $0 | $14K | $0 | $0 | $0 | $0 |
| Interest Income | $2.19M | $2.1M | $1.46M | $258K | $163K | $221K | $50K | $15K | $18K | $18K | $11K | $3 | $103 | $211 | $1K | $1K | $152 | $11K | $0 | $12K | $9K | $0 | $1K | $0 | $0 |
| Other Income (Expense) | -$87.2M | $15.83M | $3.27M | $12.69M | $7.29M | $10.98M | -$5.35M | $64K | $1.09M | $799K | $1.12M | -$442K | -$16K | -$30K | -$695K | -$81K | -$4.36M | -$4.2M | -$106K | $12K | -$330K | -$19K | -$70K | -$185K | $229 |
| Income Before Tax (EBT) | -$128.07M | -$108.56M | -$59.1M | -$46.85M | -$66.41M | -$33.83M | -$14.92M | -$11.09M | -$7.15M | -$9.68M | -$5.05M | -$2.23M | -$137K | -$169 | -$229K | -$541K | -$4.62M | -$4.58M | -$612K | $467K | $407K | -$139K | $359K | -$246K | -$82K |
| Income Tax Expense | $2.47M | $0 | -$347K | $0 | $0 | $0 | $0 | $66K | -$14K | -$19K | $2K | $0 | -$273 | $5K | -$1K | $0 | -$320K | -$56K | -$24K | -$12K | $300K | $39K | $69K | $0 | -$49K |
| Net Income | -$130.54M | -$108.56M | -$58.75M | -$46.85M | -$66.41M | -$33.83M | -$14.92M | -$11.09M | -$7.15M | -$9.68M | -$5.05M | -$2.23M | -$137K | -$169K | -$228K | -$541K | -$4.3M | -$4.53M | -$588K | -$455K | -$779K | -$159K | -$428K | -$246K | -$33K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||||||||||||||||||
| EPS | -1.59 | -1.53 | -1.29 | -1.26 | -1.96 | -1.69 | -1.00 | -0.70 | -0.65 | -1.30 | -1.21 | -2.52 | -0.30 | -0.37 | -0.51 | -1.58 | -16.49 | -21.39 | -3.23 | -3.05 | -6.37 | -2.00 | -5.86 | -4.00 | -0.66 |
| Diluted EPS | -1.59 | -1.53 | -1.29 | -1.26 | -1.96 | -1.69 | -1.00 | -0.70 | -0.65 | -1.30 | -1.21 | -2.52 | -0.30 | -0.37 | -0.51 | -1.58 | -16.49 | -21.39 | -3.23 | -3.05 | -6.37 | -2.00 | -5.86 | -4.00 | -0.66 |
| Weighted Average OS | 115.22M | 99.13M | 84.35M | 70.35M | 59.82M | 42.25M | 26.98M | 22.17M | 15.48M | 10.40M | 5.82M | 1.24M | 638,794 | 632,339 | 626,294 | 478,892 | 364,886 | 296,326 | 254,291 | 209,085 | 171,049 | 111,326 | 102,275 | 86,276 | 71,247 |
| EBITDA | -$124.81M | -$119.32M | -$57.2M | -$45.45M | -$64.88M | -$33.3M | -$14.52M | -$10.95M | -$7.59M | -$9.66M | -$5.66M | -$2.23M | -$134K | -$141K | -$917K | -$530K | -$4.6M | -$4.58M | -$583K | -$452K | -$146K | -$101K | -$289K | $124K | -$82K |
| 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 | $87.02M | $69.27M | $65.12M | $29.01M | $28.8M | $27.02M | $9.37M | $780K | $727K | $1.87M | $2.54M | $787K | $18K | $23K | $40K | $98K | $5K | $34K | $1.49M | $283K | $194K | $360K | $255K | $194 | $57K |
| Short-Term Investments | $21.18M | $678K | $1.11M | $1.78M | $600K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $295 | $1K | $4K | $6K | $5K | $3K | $6K | $17K | $0 | $287 | $287 | $1K |
| Cash and Short-Term Investments | $108.2M | $69.94M | $66.23M | $30.79M | $29.4M | $27.02M | $9.37M | $780K | $727K | $1.87M | $2.54M | $787K | $18K | $23K | $41K | $102K | $10K | $39K | $1.49M | $290K | $211K | $360K | $255K | $480 | $58K |
| Accounts Receivable | $3.93M | $0 | $2.3M | $0 | $0 | $0 | $0 | $2.5M | $941K | $528K | $268K | $48K | $6K | $6K | $5K | $63K | $9K | $116K | $64K | $46K | $11K | $6K | $5K | $1K | $22K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $154K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $1.38M | $2.18M | $0 | $4.06M | $5.18M | $2M | $3.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $113.51M | $72.12M | $69.67M | $35.85M | $38.72M | $29.8M | $13.58M | $3.44M | $1.82M | $2.56M | $2.87M | $860K | $30K | $35K | $51K | $180K | $24K | $174K | $1.58M | $343K | $225K | $368K | $261K | $2K | $81K |
| Long-Term Assets | |||||||||||||||||||||||||
| Property, Plant & Equipment Net | $399.5M | $116.38M | $68.15M | $82.65M | $67.38M | $64.64M | $2.69M | $12.11M | $15.15M | $13.03M | $6.04M | $4.91M | $499K | $501K | $1.61M | $923K | $291K | $4.14M | $5.46M | $4M | $3.15M | $1.63M | $390K | $331K | $286K |
| 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 | $3 | $9 | $16 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $3.04M | $2.13M | $176K | $1.02M | $1.39M | $274K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3 | -$1.39M | -$274K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $36.86M | $7.55M | $1.5M | $1.52M | $1.58M | $1.92M | $1.01M | $976K | $1.46M | $346K | $209K | $14K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $44K | $0 | $0 | $0 |
| Total Long-Term Assets | $436.36M | $123.94M | $69.66M | $84.17M | $72M | $68.69M | $3.88M | $14.1M | $16.61M | $13.38M | $6.25M | $4.92M | $499K | $501K | $1.61M | $923K | $291K | $4.14M | $5.46M | $4M | $3.15M | $1.67M | $390K | $331K | $286K |
| 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 | $549.87M | $196.06M | $139.32M | $120.03M | $110.72M | $98.49M | $17.45M | $17.54M | $18.43M | $15.93M | $9.12M | $5.78M | $529K | $537K | $1.66M | $1.1M | $315K | $4.31M | $7.04M | $4.34M | $3.38M | $2.04M | $650K | $333K | $366K |
| Liabilities | |||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||
| Accounts Payable | $0 | $39.43M | $14.71M | $9.99M | $8.96M | $13.86M | $2.58M | $2.5M | $941K | $528K | $388K | $189K | $36K | $27K | $41K | $0 | $264K | $460K | $45K | $25K | $74K | $190K | $25K | $119K | $44K |
| Short-Term Debt | $11.25M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.07M | $0 | $244K | $143K | $0 | $121K | $86K | $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 | $0 | $0 | $0 | $0 | $0 | $0 | -$18 | -$26 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $48.43M | $4.59M | $2.56M | $4.55M | $8.87M | $954K | $2.85M | $974K | $576K | $87K | $256K | $183K | $18K | $0 | $0 | $72K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11K | $9K |
| Total Current Liabilities | $62.45M | $50.03M | $18.03M | $14.92M | $18.18M | $16.02M | $5.99M | $1.96M | $1.86M | $1.12M | $1.72M | $346K | $299K | $169K | $41K | $193K | $350K | $460K | $45K | $25K | $74K | $190K | $25K | $130K | $53K |
| Long-Term Liabilities | |||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $16.27M | $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 | $2.47M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $320K | $181K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $337.55M | $76.12M | $9.93M | $4.9M | $3.68M | $3.69M | $2.34M | $2.32M | $780K | $309K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $373.82M | $81.28M | $32.31M | $7.05M | $4.26M | $4.62M | $3.17M | $2.32M | $780K | $309K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $320K | $181K | $0 | $0 | $0 | $0 | $0 | $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 | $436.27M | $131.31M | $50.34M | $21.97M | $22.45M | $20.64M | $9.16M | $4.28M | $2.64M | $1.43M | $1.72M | $346K | $299K | $169K | $41K | $193K | $350K | $780K | $227K | $25K | $74K | $190K | $25K | $130K | $53K |
| 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 | $644.72M | $478.82M | $394.7M | $331.56M | $258.64M | $172.44M | $70.87M | $58.28M | $50.99M | $43.04M | $29.26M | $22.29M | $15.42M | $15.42M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$578.26M | -$448.08M | -$340.76M | -$262.9M | -$199.38M | -$115.38M | -$72.28M | -$52.93M | -$41.84M | -$34.7M | -$25.01M | -$20.01M | -$17.78M | -$17.64M | -$16.37M | -$16.14M | -$15.6M | -$11.3M | -$6.77M | -$6.18M | -$5.73M | -$4.95M | -$4.79M | -$4.36M | -$4.12M |
| Comprehensive Income & Other | $47.14M | $34.01M | $35.05M | $29.39M | $29.02M | $20.78M | $9.71M | $7.92M | $6.64M | $6.15M | $3.16M | $3.16M | $2.6M | $2.6M | $0 | $0 | -$14K | -$15K | -$3K | $0 | $429K | $1.27M | $399K | $0 | -$3K |
| Other Stockholders' Equity | $47.14M | $34.01M | $35.05M | $29.39M | $29.02M | $20.78M | $9.71M | $7.92M | $6.64M | $6.15M | $3.16M | $3.16M | $2.6M | $2.6M | $17.99M | $17.05M | $15.56M | $14.83M | $13.58M | $10.5M | $9.03M | $6.8M | $5.42M | $4.57M | $4.43M |
| Total Equity | $113.61M | $64.75M | $88.98M | $98.05M | $88.28M | $77.85M | $8.29M | $13.27M | $15.79M | $14.5M | $7.41M | $5.44M | $230K | $367K | $1.62M | $910K | -$35K | $3.53M | $6.81M | $4.32M | $3.3M | $1.85M | $625K | $203K | $313K |
| 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 |
| Total Liabilities and Equity | $549.87M | $196.06M | $139.32M | $120.03M | $110.72M | $98.49M | $17.45M | $17.54M | $18.43M | $15.93M | $9.12M | $5.78M | $529K | $537K | $1.66M | $1.1M | $315K | $4.31M | $7.04M | $4.34M | $3.38M | $2.04M | $650K | $333K | $366K |
| Supplementary Data | |||||||||||||||||||||||||
| Total Debt | $45.04M | $9.67M | $23.14M | $2.55M | $937K | $1.88M | $1.05M | $0 | $0 | $0 | $1.07M | $0 | $244K | $143K | $0 | $121K | $86K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$41.98M | -$59.6M | -$41.98M | -$26.47M | -$27.87M | -$25.14M | -$8.33M | -$780K | -$727K | -$1.87M | -$1.47M | -$787K | $227K | $120K | -$40K | $23K | $81K | -$34K | -$1.49M | -$283K | -$194K | -$360K | -$255K | -$194 | -$57K |
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 | -$130.54M | -$108.56M | -$77.87M | -$63.51M | -$84M | -$43.09M | -$19.35M | -$11.09M | -$7.15M | -$9.68M | -$5.05M | -$2.23M | -$137K | -$169K | -$228K | -$541K | -$4.3M | -$4.53M | -$588K | -$455K | -$779K | -$159K | -$428K | -$246K | -$33K |
| Depreciation & Amortization | $1.3M | $5.88M | $1.71M | $1.37M | $1.44M | $438K | $269K | $139K | $86K | $25K | $6K | $1K | $2K | $3K | $4K | $4K | $5K | $5K | $5K | $3K | $3K | $171 | $145 | $206 | $295 |
| Deferred Income Tax | $2.47M | $0 | -$460K | $0 | $0 | $0 | $8.12M | $702K | $0 | $0 | $3K | $494K | $0 | $0 | $0 | $8K | -$320K | -$20K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $9.38M | $8.56M | $7.84M | $10.08M | $3.51M | $1.79M | $1.17M | $492K | $1.95M | $46K | $543K | $0 | $0 | $9K | $242K | $68K | $206K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||
| Accounts Receivable | -$2.07M | $476K | $2.4M | $1.27M | -$3.18M | -$946K | $998K | -$669K | -$413K | -$258K | -$220K | -$43 | $0 | -$1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $69K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$19.12M | $15.85M | $3.56M | $3.14M | -$4.18M | $6.35M | $2M | -$307K | $280K | $12K | $163K | -$18 | -$1 | $0 | $0 | $0 | $0 | -$45K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$21.19M | $16.32M | $5.97M | $4.42M | -$7.36M | $5.41M | $3M | -$976K | -$133K | -$247K | -$58K | $74K | $27K | -$16K | $45K | -$72K | $162K | $23K | -$22K | -$68K | -$153K | $5K | -$41K | $96K | -$6K |
| Other Non-Cash Items | $105.98M | -$14.4M | -$2.65M | -$16.83M | -$9.05M | -$13.7M | -$1.31M | -$748K | -$1.08M | -$780K | -$1.13M | -$60K | $195 | $30K | $4K | $74K | $4.36M | $4.18M | $260K | $304K | $562K | $33K | $364K | $186K | -$48K |
| Net Cash from Operating | -$41.97M | -$91.39M | -$64.73M | -$66.72M | -$88.9M | -$47.43M | -$7.48M | -$10.8M | -$7.78M | -$8.73M | -$6.18M | -$1.18M | -$107K | -$152K | -$167K | -$284K | -$25K | -$136K | -$344K | -$217K | -$367K | -$121K | -$105K | $35K | -$88K |
| Investing Activities | |||||||||||||||||||||||||
| Capital Expenditures | -$210.19M | -$1.94M | -$7.61M | -$959K | -$8.17M | -$3.91M | -$232K | -$98K | -$620K | -$109K | -$431K | -$116K | $0 | $0 | -$719K | -$410K | -$464K | -$2.01M | -$837K | -$840K | -$1.28M | -$306K | -$68K | -$94K | -$155K |
| Acquisitions | $0 | $0 | $0 | -$10.43M | $0 | $0 | $172K | $0 | $0 | -$351K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$8.21M | $0 | $0 | -$1.18M | -$2.44M | $0 | -$172K | $0 | -$1.11M | -$418K | -$195K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $699K | $27K | $283K | $8K | $897K | $1.49M | $324K | $555K | $0 | $0 | $0 | $0 | $100 | $0 | $0 | $2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$20.3M | -$15.12M | $29.67M | $20.71M | $31K | $3.94M | $185K | $2.41M | -$1.14M | -$66K | -$195K | -$14K | $100 | $0 | $19K | $13K | $0 | $0 | $11K | $0 | $4K | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$238M | -$17.03M | $22.34M | $8.15M | -$9.68M | $1.52M | $277K | $2.31M | -$1.76M | -$527K | -$626K | -$130K | $100 | $0 | -$700K | -$395K | -$464K | -$2.01M | -$826K | -$840K | -$1.28M | -$306K | -$68K | -$94K | -$155K |
| Financing Activities | |||||||||||||||||||||||||
| Debt Repaid | - | -$26.52M | -$17.15M | $341K | $1.12M | $1.09M | - | - | - | - | -$1.07M | - | -$101K | -$143K | $121K | - | - | - | - | - | - | -$286K | - | - | - |
| Common Stock Issuance | $163.13M | $87.71M | $63.46M | $37.54M | $94.29M | $59.95M | $15.8M | $8.54M | $8.4M | $6.74M | $7.49M | $2.08M | $0 | $0 | $931K | $763K | $385K | $737K | $2.49M | $1.19M | $1.54M | $247K | $427K | $0 | $290K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$25K | -$12K | -$43K | $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 |
| Other Financing Activities | $134.64M | -$2.21M | -$2.11M | $21.58M | $7.19M | $4.7M | $0 | $0 | $0 | $1.85M | $0 | $0 | $0 | -$3K | $0 | $0 | $0 | $0 | -$113K | -$47K | -$61K | $0 | $0 | $3K | $9K |
| Net Cash from Financing | $297.77M | $112.02M | $78.5M | $58.78M | $100.36M | $63.56M | $15.8M | $8.54M | $8.4M | $8.59M | $8.56M | $2.08M | $101K | $140K | $809K | $773K | $459K | $694K | $2.37M | $1.15M | $1.48M | $532K | $427K | $3K | $299K |
| Forex Effect | $3.18M | $547K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4K | -$817 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $20.98M | $4.15M | $36.11M | $206K | $1.78M | $17.65M | $8.59M | $54K | -$1.14M | -$672K | $1.75M | $770K | -$5K | -$17K | -$59K | $94K | -$30K | -$1.45M | $1.2M | $89K | -$166K | $106K | $255K | -$57K | $57K |
| Supplementary Data | |||||||||||||||||||||||||
| Operating Cash Flow | -$41.97M | -$91.39M | -$64.73M | -$66.72M | -$88.9M | -$47.43M | -$7.48M | -$10.8M | -$7.78M | -$8.73M | -$6.18M | -$1.18M | -$107K | -$152K | -$167K | -$284K | -$25K | -$136K | -$344K | -$217K | -$367K | -$121K | -$105K | $35K | -$88K |
| Capital Expenditure | -$210.19M | -$1.94M | -$7.61M | -$13.46M | -$8.17M | -$3.91M | -$232K | -$98K | -$620K | -$109K | -$431K | -$116K | $0 | $0 | -$719K | -$410K | -$464K | -$2.01M | -$837K | -$840K | -$1.28M | -$306K | -$68K | -$94K | -$155K |
| Free Cash Flow | -$252.17M | -$93.33M | -$72.34M | -$80.19M | -$97.06M | -$51.34M | -$7.71M | -$10.9M | -$8.4M | -$8.84M | -$6.61M | -$1.3M | -$107K | -$152K | -$886K | -$695K | -$489K | -$2.14M | -$1.18M | -$1.06M | -$1.65M | -$427K | -$173K | -$59K | -$243K |
| Cash at Beginning | $66.05M | $65.12M | $29.01M | $28.8M | $27.02M | $9.37M | $780K | $727K | $1.87M | $2.54M | $787K | $18K | $23K | $40K | $98K | $5K | $34K | $1.49M | $283K | $194K | $360K | $255K | $194 | $57K | $232 |
| Cash at End | $87.02M | $69.27M | $65.12M | $29.01M | $28.8M | $27.02M | $9.37M | $780K | $727K | $1.87M | $2.54M | $787K | $18K | $23K | $40K | $98K | $5K | $34K | $1.49M | $283K | $194K | $360K | $255K | $194 | $57K |