ALR Technologies SG Ltd. (ALRTF)
ALR Technologies Inc. is a data management company dedicated to creating and providing diabetes care solutions for both human and animal health sectors across the United States. Central to its offerings is the comprehensive Diabetes Management System. This system facilitates data collection, provides predictive A1C analysis, offers recommendations for insulin dosage adjustments, tracks performance, enables remote patient monitoring, and supplies essential diabetes testing materials. The company also markets Continuous Glucose Monitoring (CGM) devices, which are wearable medical technologies designed to provide continuous blood sugar readings. Addressing a specific need in veterinary medicine, ALR Technologies offers the GluCurve Pet CGM, tailored for diabetic felines and canines, and utilized by veterinarians. Furthermore, their Prediabetes System supports patients with educational video content, supplementary resources optimized for mobile devices, and a private online community for discussing disease management strategies. ALR Technologies primarily serves healthcare providers, health insurance companies, and entities specializing in disease and case management services, including those within the home care industry. Originally incorporated in 1987 as Mo Betta Corp., the company rebranded to ALR Technologies Inc. in December 1998. It is based in Richmond, Virginia, and operates as a subsidiary of ALR Technologies SG Ltd.
Sector: Surgical & Medical Instruments & Apparatus
Industry: Medical - Devices
ALR Technologies Inc.
OTC:ALRTFHealthcare · Medical - Devices
+21.07%$0.0180
Mkt Cap$11.62M
Float256.5M
O/S645.47M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$22.06M
Total Assets$47K
Free Cash Flow-$1.87M
Debt & Equity
Total Debt$32.28M
Total Equity-$39.86M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ALRTF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$47K
Liabilities$39.91M
Accounts Receivable$0
Accounts Payable$1.29M
Inventory$11K
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $0 | $0 | $26K | $2K | $7K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5K | $13K | $195K | $243K | $319K | $364K | $176K | $48K | $364K | $182K | $459K |
| YoY Growth | - | - | 978.8% | -68.3% | - | - | - | - | - | - | - | - | - | - | - | - | -61.1% | -93.4% | -19.7% | -24.0% | -12.4% | 107.1% | 268.6% | -86.9% | 100.2% | -60.3% | - |
| Cost of Revenue | $0 | $0 | $22K | $1K | $3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $1K | $26K | $49K | $72K | $202K | $287K | $35K | $194K | $112K | $389K |
| Gross Profit | $0 | $0 | $3K | $1K | $5K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5K | $12K | $169K | $194K | $247K | $162K | -$112K | $13K | $170K | $70K | $70K |
| Gross Margin | - | - | 13.5% | 50.3% | 66.2% | - | - | - | - | - | - | - | - | - | - | - | 100.0% | 90.7% | 86.9% | 79.8% | 77.4% | 44.4% | -63.7% | 26.3% | 46.7% | 38.5% | 15.2% |
| Research and Development | $793K | $884K | $1.4M | $482K | $499K | $1.43M | $1.63M | $409K | $416K | $566K | $523K | $489K | $341K | $692K | $339K | $250K | $264K | $415K | $271K | $524K | $438K | $199K | $174K | $166K | $41K | $146K | $61K |
| Selling, General, and Administrative | $2.09M | $2.57M | $3.37M | $3.73M | $2.41M | $2.39M | $2.12M | $1.77M | $650K | $463K | $1.05M | $1.33M | $1.33M | $1.22M | $1.63M | $583K | $815K | $756K | $784K | $1.28M | $715K | $939K | $1.04M | $1M | $1.61M | $2.02M | $1.02M |
| Other | -$5.76M | -$6.86M | $39K | $60K | $35K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.13M | $0 | $2K | $2K | $114K | $0 | $0 | $3K | $3K | $5K | -$396K |
| Total Operating Expenses | -$2.88M | -$3.41M | $4.82M | $4.27M | $2.95M | $3.83M | $3.74M | $2.18M | $1.07M | $1.03M | $1.58M | $1.82M | $1.68M | $1.91M | $1.97M | $833K | $1.08M | $1.12M | $1.06M | $1.81M | $1.27M | $1.08M | $1.08M | $1.17M | $1.65M | $2.17M | $1.09M |
| Operating Income (EBIT) | $2.88M | $3.41M | -$4.81M | -$4.27M | -$2.94M | -$3.83M | -$3.74M | -$2.18M | -$1.07M | -$1.03M | -$1.58M | -$1.82M | -$1.68M | -$1.91M | -$1.97M | -$2.07M | -$2.2M | -$1.16M | -$887K | -$1.62M | -$1.02M | -$918K | -$1.19M | -$1.16M | -$1.48M | -$2.1M | -$611K |
| Operating Margin | - | - | -18851.8% | -180397.1% | -39381.4% | - | - | - | - | - | - | - | - | - | - | - | -44000.0% | -9036.4% | -455.3% | -667.0% | -320.1% | -252.1% | -678.5% | -2427.9% | -407.3% | -1156.0% | -133.2% |
| Interest Expense | $0 | $12.42M | $2.52M | $6.35M | $5.47M | $2.12M | $5.26M | $1.94M | $1.86M | $9.06M | $4.79M | $4.71M | $1.34M | $6.46M | $3.31M | $1.24M | $1.12M | $1.19M | $691K | $993K | $813K | $2.92M | $1.41M | $1.34M | $869K | $471K | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$24.94M | -$19.29M | -$2.66M | -$6.35M | -$5.5M | -$2.09M | -$5.26M | -$1.94M | -$1.78M | -$9.06M | -$4.72M | -$4.61M | -$1.32M | -$6.42M | $3K | -$1.24M | $0 | -$1.15M | -$946 | -$993K | -$70K | -$434K | -$32K | -$2K | -$1.33M | $162K | -$100K |
| Income Before Tax (EBT) | -$22.06M | -$15.88M | -$7.47M | -$10.62M | -$8.44M | -$5.92M | -$9.01M | -$4.12M | -$2.84M | -$10.09M | -$6.3M | -$6.44M | -$3M | -$8.33M | -$1.96M | -$2.08M | -$2.2M | -$1.9M | -$1.58M | -$2.61M | -$1.79M | -$1.41M | -$1.23M | -$1.16M | -$2.81M | -$1.94M | -$710K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.31M | $1.24M | $0 | $794K | $692K | $0 | $883K | $3.36M | $1.44M | $1.35M | $2.2M | $309K | $123K |
| Net Income | -$22.06M | -$15.88M | -$7.47M | -$10.62M | -$8.44M | -$5.92M | -$9.01M | -$4.12M | -$2.84M | -$10.09M | -$6.3M | -$6.44M | -$3M | -$8.33M | -$5.28M | -$2.08M | -$2.2M | -$1.9M | -$1.58M | -$2.61M | -$1.79M | -$4.34M | -$2.78M | -$2.5M | -$3.68M | -$2.41M | -$1.14M |
| Net Income Margin | - | - | -29272.4% | -448627.0% | -113055.7% | - | - | - | - | - | - | - | - | - | - | - | -44000.0% | -14780.5% | -811.1% | -1076.4% | -562.1% | -1191.4% | -1578.9% | -5249.9% | -1010.4% | -1325.8% | -249.0% |
| Supplementary Data | |||||||||||||||||||||||||||
| EPS | -0.04 | -0.03 | -0.01 | -0.02 | -0.02 | -0.02 | -0.04 | -0.02 | -0.01 | -0.04 | -0.03 | -0.03 | -0.01 | -0.04 | -0.02 | -0.01 | -0.03 | -0.03 | -0.02 | -0.03 | -0.03 | -0.14 | -0.13 | -0.12 | -0.17 | -0.11 | -0.05 |
| Diluted EPS | -0.04 | -0.03 | -0.01 | -0.02 | -0.02 | -0.02 | -0.04 | -0.02 | -0.01 | -0.04 | -0.03 | -0.03 | -0.01 | -0.04 | -0.02 | -0.01 | -0.03 | -0.03 | -0.02 | -0.03 | -0.03 | -0.14 | -0.13 | -0.12 | -0.17 | -0.11 | -0.05 |
| Weighted Average OS | 606.99M | 598.92M | 581.02M | 548.08M | 534.98M | 337.03M | 256.67M | 242.78M | 242.78M | 242.78M | 242.78M | 241.04M | 237.70M | 221.25M | 213.90M | 212.34M | 82.39M | 76.08M | 76.08M | 76.08M | 71.48M | 31.30M | 21.08M | 21.08M | 21.08M | 22.04M | 24.95M |
| EBITDA | $0 | $84 | -$140K | -$592 | -$34K | $26K | $400 | $256 | $86K | $27 | $73K | $92K | $17K | -$1.91M | -$1.96M | -$828K | -$1.07M | -$1.1M | -$886K | -$1.61M | -$906K | -$960K | -$534K | -$272K | -$930K | -$2.1M | -$1.01M |
| EBITDA Margin | - | - | -548.4% | -25.0% | -450.3% | - | - | - | - | - | - | - | - | - | - | - | -21500.0% | -8592.8% | -454.8% | -665.8% | -284.0% | -263.6% | -303.7% | -570.3% | -255.3% | -1153.3% | -219.6% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | |||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||
| Cash and Cash Equivalents | $20K | $41K | $59K | $149K | $116K | $66K | $2K | $3K | $3K | $3K | $53K | $59K | $30K | $11K | $11K | $2K | $658 | $8K | $3K | $8K | $263 | $17K | $30K | $979 | $66K | $3K | $7K |
| Short-Term 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 | $0 | $0 |
| Cash and Short-Term Investments | $20K | $41K | $59K | $149K | $116K | $66K | $2K | $3K | $3K | $3K | $53K | $59K | $30K | $11K | $11K | $2K | $658 | $8K | $3K | $8K | $263 | $17K | $30K | $979 | $66K | $3K | $7K |
| Accounts Receivable | $0 | $0 | $41K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $55K | $4K | $5K | $3K | $12K | $129K | $17K | $999 | $0 | $192K |
| Inventory | $11K | $11K | $11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $79K | $72K | $35K | $79K | $114K | $189K | $0 | $267K | $107K |
| Other Current 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 | $211K | $0 |
| Total Current Assets | $47K | $79K | $155K | $377K | $193K | $129K | $2K | $3K | $3K | $4K | $54K | $66K | $34K | $28K | $15K | $2K | $700 | $121K | $86K | $89K | $38K | $108K | $272K | $340K | $102K | $481K | $368K |
| Long-Term Assets | |||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K | $6K | $4K | $6K | $9K | $10K | $8K | $11K | $8K | $9K | $27K |
| 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 |
| 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 |
| Long-Term 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 | $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 | $0 | $0 |
| Other Long-Term 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 |
| Total Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K | $6K | $4K | $6K | $9K | $10K | $8K | $11K | $8K | $9K | $27K |
| 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 |
| Total Assets | $47K | $79K | $155K | $377K | $193K | $129K | $2K | $3K | $3K | $4K | $54K | $66K | $34K | $28K | $15K | $2K | $5K | $127K | $91K | $95K | $47K | $118K | $281K | $351K | $110K | $491K | $395K |
| Liabilities | |||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||
| Accounts Payable | $1.29M | $1.68M | $1.18M | $1.05M | $806K | $875K | $1.13M | $1.01M | $1.04M | $943K | $982K | $1.06M | $256K | $1.11M | $868K | $1.02M | $797K | $1.09M | $1.12M | $3.47M | $2.41M | $2.84M | $2.16M | $1.23M | $1.16M | $734K | $510K |
| Short-Term Debt | $32.28M | $28.62M | $25.4M | $21.08M | $19.26M | $17.2M | $24.6M | $22.55M | $20.63M | $18.66M | $16.56M | $14.08M | $11.8M | $9.82M | $8.1M | $6.12M | $5.28M | $6.44M | $5.95M | $5.85M | $5.35M | $5.38M | $5.77M | $4.61M | $3M | $750K | $672K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $3K | $0 | $2K | $0 | $0 | $0 | -$857K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $856K | $0 | $0 | $53K | $284K | $2.31M | $3.79M | $26K | $0 | $65K | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $40K | $36K | $32K | $27.09M | $25K | $22K | $31K | $28K | $26K | $23K | $21K | $18K | $15K | $12K | $11K | $9K | $7K | $12.45M | $11K | $9.35M | $8K | $8.28M | $7.93M | $5.84M | $4.16M | $1.48M | $1.18M |
| Long-Term Liabilities | |||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $1.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $271K | $271K | $410K | $759K | $14K |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term 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 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $1.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $271K | $271K | $410K | $759K | $14K |
| 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 |
| Total Liabilities | $39.91M | $36.3M | $32.07M | $28.93M | $24.51M | $21.89M | $31.09M | $28.4M | $25.98M | $23.23M | $20.68M | $17.76M | $14.98M | $12.5M | $11M | $8.62M | $7.32M | $12.45M | $10.86M | $9.35M | $7.77M | $8.28M | $8.21M | $6.11M | $4.57M | $2.24M | $1.2M |
| Stockholders' Equity | |||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $0 | $0 | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $31.49M | $31.29M | $30.91M | $28.04M | $543K | $511K | $269K | $243K | $243K | $243K | $243K | $243K | $239K | $236K | $214K | $214K | $212K | $76K | $76K | $76K | $76K | $41K | $21K | $21K | $21K | $21K | $32K |
| Retained Earnings | -$158.04M | -$135.99M | -$120.11M | -$112.63M | -$102.02M | -$93.57M | -$87.66M | -$78.65M | -$74.53M | -$71.69M | -$61.59M | -$55.29M | -$48.86M | -$45.86M | -$37.53M | -$32.26M | -$30.18M | -$25.7M | -$23.8M | -$22.22M | -$19.61M | -$17.81M | -$13.47M | -$10.7M | -$8.2M | -$4.51M | -$2.1M |
| Comprehensive Income & Other | -$844 | -$844 | -$844 | $6K | -$11K | $200K | $0 | $0 | $0 | $0 | $0 | $0 | -$0 | $0 | $0 | $0 | $0 | $0 | $0 | $37K | $37K | $37K | $37K | $37K | $37K | $37K | $22K |
| Other Stockholders' Equity | $86.69M | $68.48M | $57.28M | $56.04M | $77.16M | $71.3M | $56.3M | $50.01M | $48.31M | $48.21M | $40.73M | $37.36M | $33.67M | $33.15M | $26.34M | $23.43M | $22.65M | $13.3M | $12.95M | $12.89M | $11.81M | $9.61M | $5.53M | $4.92M | $3.72M | $2.74M | $1.27M |
| Total Equity | -$39.86M | -$36.22M | -$31.92M | -$28.55M | -$24.31M | -$21.76M | -$31.09M | -$28.39M | -$25.98M | -$23.23M | -$20.62M | -$17.69M | -$14.95M | -$12.47M | -$10.98M | -$8.61M | -$7.32M | -$12.32M | -$10.77M | -$9.25M | -$7.72M | -$8.17M | -$7.92M | -$5.76M | -$4.46M | -$1.75M | -$800K |
| 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 |
| Total Liabilities and Equity | $47K | $79K | $155K | $377K | $193K | $129K | $2K | $3K | $3K | $4K | $54K | $66K | $34K | $28K | $15K | $2K | $5K | $127K | $91K | $95K | $47K | $118K | $281K | $351K | $110K | $491K | $395K |
| Supplementary Data | |||||||||||||||||||||||||||
| Total Debt | $32.28M | $28.62M | $25.4M | $22.93M | $19.26M | $17.2M | $24.6M | $22.55M | $20.63M | $18.66M | $16.56M | $14.08M | $11.8M | $9.82M | $8.1M | $6.12M | $5.28M | $6.44M | $5.95M | $5.85M | $5.35M | $5.38M | $6.04M | $4.88M | $3.41M | $1.51M | $686K |
| Net Debt | $32K | $29K | $25K | $22.78M | $19.15M | $17K | $25K | $23K | $21K | $19K | $17K | $14K | $12K | $10K | $8K | $6K | $5K | $6.43M | $5.94M | $5.84M | $5K | $5.37M | $6.01M | $4.88M | $3.34M | $1.51M | $678K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | |||||||||||||||||||||||||||
| Net Income | -$22.06M | -$15.88M | -$7.47M | -$10.62M | -$8.44M | -$5.92M | -$9.01M | -$4.12M | -$2.84M | -$10.09M | -$6.3M | -$6.44M | -$3M | -$8.33M | $0 | -$2.08M | -$2.2M | -$1.9M | -$1.58M | -$2.61M | -$1.79M | -$4.34M | -$2.78M | -$2.5M | -$3.68M | -$2.41M | -$1.14M |
| Depreciation & Amortization | $2.88M | $3.45M | $4.81M | $4.27M | $2.94M | $3.83M | $3.74M | $2.18M | $1.07M | $1.03M | $1.58M | $1.82M | $1.68M | $0 | $0 | $309 | $52K | $2K | $2K | $2K | $3K | $19K | $799K | $886K | $553K | $5K | $12K |
| Deferred Income Tax | $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 |
| Stock-Based Compensation | $18.27M | $11.53M | $2.87M | $5.77M | $4.4M | $2.83M | $6.12M | $1.58M | $200K | $7.34M | $3.22M | $3.47M | $245K | $5.6M | $2.68M | $597K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||
| Accounts Receivable | $0 | $0 | -$41K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5K | -$827 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $20 | $137 | -$11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $79K | -$7K | -$37K | $44K | $34K | $76K | -$189K | $267K | -$161K | $160K |
| Accounts Payable | $0 | $478K | $452K | $337K | $211K | $72K | $129K | $14K | $95K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $572K | $548K | $733K | $391K | $513K | $466K | $529K | $529K | $506K | $455K | $517K | $543K | $518K | $0 | $0 | $0 | $1.48M | $1.04M | $1.42M | $1.28M | -$477K | $914K | $951K | -$45K | $603K | $593K | $38K |
| Total Working Capital Change | $572K | $1.03M | $1.13M | $729K | $724K | $538K | $658K | $543K | $601K | $455K | $517K | $621K | $582K | $625K | $490K | $445K | $1.49M | $1.12M | $1.41M | $1.24M | -$433K | $949K | $1.03M | -$234K | $870K | $432K | $198K |
| Other Non-Cash Items | -$1.53M | -$1.67M | -$2.96M | -$2.23M | -$1.39M | -$2.24M | -$2.26M | -$811K | $205K | $222K | -$554K | -$963K | -$913K | $576K | -$4.88M | $189K | $490K | $270K | $86K | $881K | $1.61M | $3.11M | $109K | $55K | $412K | $1.39M | $12K |
| Net Cash from Operating | -$1.87M | -$1.54M | -$1.62M | -$2.08M | -$1.77M | -$969K | -$735K | -$626K | -$770K | -$1.05M | -$1.54M | -$1.49M | -$1.41M | -$1.53M | -$1.71M | -$844K | -$172K | -$511K | -$80K | -$488K | -$610K | -$264K | -$841K | -$1.8M | -$1.85M | -$587K | -$919K |
| Investing Activities | |||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3K | $0 | $0 | -$2K | -$5K | $0 | -$6K | -$1K | -$1K | -$9K |
| Acquisitions | $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 |
| 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 | $0 | $0 |
| Sales 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 | $0 | $0 |
| Other Investing Activities | $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 | -$5K |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3K | $0 | $0 | -$2K | -$5K | $0 | -$6K | -$1K | -$1K | -$13K |
| Financing Activities | |||||||||||||||||||||||||||
| Debt Repaid | -$22K | - | - | -$1.78M | - | - | - | - | - | - | - | - | - | - | -$1.72M | -$846K | $443K | - | - | - | -$595K | -$255K | -$870K | -$1.74M | -$1.91M | -$716K | -$198K |
| Common Stock Issuance | $0 | $0 | $745K | $25 | $1.14M | $212K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $918K |
| Common Stock Repurchases | $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 | -$138K | $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 |
| Other Financing Activities | $1.83M | $6K | $0 | $0 | $0 | $0 | $733K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | -$210K |
| Net Cash from Financing | $1.85M | $1.52M | $1.54M | $2.51M | $2.29M | $1.03M | $733K | $626K | $770K | $1M | $1.53M | $1.52M | $1.43M | $1.53M | $1.72M | $846K | $165K | $519K | $75K | $496K | $595K | $255K | $870K | $1.74M | $1.91M | $581K | $906K |
| Forex Effect | $0 | $0 | -$7K | $99K | -$11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $0 |
| Net Change in Cash | -$20K | -$18K | -$90K | $33K | $50K | $64K | -$2K | $267 | $504 | -$50K | -$6K | $29K | $18K | $80 | $9K | $1K | -$7K | $5K | -$5K | $8K | -$16K | -$13K | $29K | -$65K | $63K | -$4K | -$26K |
| Supplementary Data | |||||||||||||||||||||||||||
| Operating Cash Flow | -$1.87M | -$1.54M | -$1.62M | -$2.08M | -$1.77M | -$969K | -$735K | -$626K | -$770K | -$1.05M | -$1.54M | -$1.49M | -$1.41M | -$1.53M | -$1.71M | -$844K | -$172K | -$511K | -$80K | -$488K | -$610K | -$264K | -$841K | -$1.8M | -$1.85M | -$587K | -$919K |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3K | $0 | $0 | -$2K | -$5K | $0 | -$6K | -$1K | -$1K | -$9K |
| Free Cash Flow | -$1.87M | -$1.54M | -$1.62M | -$2.08M | -$1.77M | -$969K | -$735K | -$626K | -$770K | -$1.05M | -$1.54M | -$1.49M | -$1.41M | -$1.53M | -$1.71M | -$844K | -$172K | -$514K | -$80K | -$488K | -$611K | -$268K | -$841K | -$1.8M | -$1.85M | -$588K | -$928K |
| Cash at Beginning | $41K | $59K | $149K | $116K | $66K | $2K | $3K | $3K | $3K | $53K | $59K | $30K | $11K | $11K | $2K | $658 | $8K | $3K | $8K | $263 | $17K | $30K | $979 | $66K | $3K | $7K | $34K |
| Cash at End | $20K | $41K | $59K | $149K | $116K | $66K | $2K | $3K | $3K | $3K | $53K | $59K | $30K | $11K | $11K | $2K | $658 | $8K | $3K | $8K | $263 | $17K | $30K | $979 | $66K | $3K | $7K |