Avalon Advanced Materials Inc. (AVLNF)
Established in Toronto, Canada, in 1991, Avalon Advanced Materials Inc. (formerly Avalon Rare Metals Inc. until February 2016) is dedicated to discovering, appraising, and advancing rare metal and mineral deposits, predominantly across Canada. The company's efforts concentrate on sourcing critical elements such as lithium, tantalum, cesium, indium, gallium, germanium, tin, yttrium, zirconium, and various rare earth elements. Avalon fully controls several major ventures, including the Nechalacho project, which covers 5,786 hectares across eight contiguous mining leases at Thor Lake in the Northwest Territories' Mackenzie Mining District. Other key holdings are the East Kemptville project, an exploration license spanning approximately 1,165 hectares northeast of Yarmouth, Nova Scotia; the Separation Rapids project, encompassing roughly 4,414 hectares through nineteen mineral claims and one mining lease near Kenora, Ontario; and the Lilypad project, consisting of 14 claims (166 new cells) over about 3,299 hectares northeast of Pickle Lake, Ontario.
Sector: Metal Mining
Industry: Industrial Materials
Avalon Advanced Materials Inc.
OTC:AVLNFBasic Materials · Industrial Materials
-0.71%$3.89
Mkt Cap$19.16M
Float4.01M
O/S4.92M
Inst Own-
SI0.7%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$36K
Net Income-$2.69M
Total Assets$97.81M
Free Cash Flow-$2.86M
Debt & Equity
Debt 8%
Equity 92%
Total Debt$7.55M
Total Equity$89.12M
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse
2-year cumulative
1:180
Nasdaq bars a compliance period at 1:250
- 1:180Reverse splitJul 13, 2026180 shares → 1
- 1:500Reverse splitMar 15, 2021500 shares → 1
Balance Sheet Details
Assets$97.81M
Liabilities$8.68M
Accounts Receivable$54K
Accounts Payable$328K
Inventory$0
PP&E (Net)$79.88M
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 | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-08-31 | 2013-08-31 | 2012-08-31 | 2011-08-31 | 2010-08-31 | 2009-08-31 | 2008-08-31 | 2007-08-31 | 2006-08-31 | 2005-08-31 | 2004-08-31 | 2003-08-31 | 2002-08-31 | 2001-08-31 | 2000-08-31 | 1999-08-31 | 1998-08-31 | 1997-08-31 | 1996-08-31 |
| Revenue | $36K | $78K | $32K | $16K | $8K | $96K | $38K | $44K | $20K | $25K | $47K | $63K | $267K | $788K | $0 | $57K | $114K | $255K | $66K | $62K | $295 | $1K | $2K | $43K | $0 | $0 | $71K | $71K | $71K | $71K |
| YoY Growth | -54.5% | 144.1% | 106.7% | 93.5% | -91.6% | 153.0% | -14.2% | 119.0% | -19.8% | -46.7% | -25.0% | -76.5% | -66.2% | - | - | -49.6% | -55.3% | 286.8% | 5.5% | 21056.5% | -72.0% | -45.0% | -95.6% | - | - | - | 0.0% | 0.0% | 0.0% | - |
| Cost of Revenue | $190K | $185K | $165K | $120K | $81K | $116K | $15K | $13K | $25K | $27K | $40K | $120K | $150K | $165K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | -$154K | -$106K | -$76K | -$105K | -$73K | -$21K | $23K | $31K | -$5K | -$2K | $7K | -$57K | $116K | $623K | $0 | $57K | $114K | $255K | $66K | $62K | $295 | $1K | $2K | $43K | $0 | $0 | $71K | $71K | $71K | $71K |
| Gross Margin | -432.7% | -135.7% | -237.8% | -675.4% | -906.7% | -21.7% | 61.1% | 70.0% | -26.4% | -8.9% | 15.6% | -90.4% | 43.6% | 79.0% | - | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | - | - | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $428K | $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 |
| Selling, General, and Administrative | $1.76M | $3.23M | $2.63M | $1.99M | $1.6M | $1.47M | $1.75M | $1.98M | $2.2M | $2.54M | $3.38M | $3.97M | $6.01M | $8.58M | $7.05M | $3.3M | $2.03M | $1.98M | $1.03M | $962K | $234K | $308K | $221K | $324K | $378K | $330K | $428K | $499K | $356K | $285K |
| Other | $585K | $456K | $64K | $38K | $41K | -$254 | -$1.73M | -$1.95M | $0 | $54K | $64K | $5K | $188K | $0 | $124K | $58K | $36K | $29K | $13K | $6K | $1K | $981 | $2K | $3K | $3K | $2K | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $2.34M | $4.12M | $2.69M | $2.03M | $1.64M | $1.46M | $23K | $31K | $2.2M | $2.57M | $3.44M | $4.09M | $8.11M | $8.6M | $7.18M | $3.35M | $2.07M | $2.01M | $1.05M | $968K | $235K | $309K | $224K | $327K | $381K | $332K | $428K | $499K | $356K | $285K |
| Operating Income (EBIT) | -$2.49M | -$3.82M | -$2.62M | -$2.13M | -$1.71M | -$1.49M | -$1.76M | -$2.03M | -$2.2M | -$2.57M | -$3.39M | -$4.02M | -$9.7M | -$7.98M | -$6.75M | -$3.3M | -$2.4M | -$1.92M | -$982K | -$916K | -$469K | -$1.2M | -$663K | -$684K | -$456K | -$967K | -$855K | -$927K | -$998K | -$214K |
| Operating Margin | -7007.0% | -4875.0% | -8180.0% | -13755.4% | -21361.9% | -1554.4% | -4664.0% | -4610.1% | -10960.3% | -10261.7% | -7213.2% | -6409.3% | -3635.2% | -1012.5% | - | -5747.1% | -2100.2% | -753.5% | -1489.5% | -1467.6% | -159029.5% | -114276.0% | -34636.9% | -1584.1% | - | - | -1200.0% | -1300.0% | -1400.0% | -300.0% |
| Interest Expense | $584K | $454K | $48K | $21K | $28K | $31K | $127K | $453K | $429K | $8K | $0 | $217K | $0 | $0 | $6K | $4K | $14K | $58K | $10K | $1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $26K | $0 | $0 | $16K | $4K | $0 | $31K | $0 | $20K | $0 | $47K | $63K | $267K | $788K | $431K | $57K | $114K | $255K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$1.21M | $3.76M | -$237K | -$747K | -$1.11M | -$2.37M | -$761K | -$436K | -$416K | -$248K | $882K | -$143K | $13K | $820 | $37K | -$7K | $0 | -$51K | -$10K | -$1K | $35K | -$872K | -$421K | $685K | $456K | -$594K | $855K | $927K | $998K | $71K |
| Income Before Tax (EBT) | -$3.7M | -$460K | -$2.89M | -$2.88M | -$2.82M | -$3.86M | -$2.52M | -$2.47M | -$2.62M | -$2.82M | -$2.51M | -$4.17M | -$7.98M | -$7.95M | -$6.72M | -$3.31M | -$2.4M | -$1.97M | -$992K | -$918K | -$434K | -$1.19M | -$645K | -$744K | -$339K | -$923K | -$927K | -$927K | $0 | $0 |
| Income Tax Expense | $0 | -$8K | -$530K | -$69K | -$143K | -$34K | -$110K | -$155K | -$226K | -$297K | -$248K | -$83K | -$13K | -$32K | -$37K | -$385K | -$289K | -$979K | -$348K | $1K | -$97K | $1.19M | $645K | $744K | $339K | $923K | $927K | $927K | $998K | $214K |
| Net Income | -$2.69M | -$453K | -$2.36M | -$2.81M | -$2.68M | -$3.83M | -$2.41M | -$2.31M | -$2.39M | -$2.52M | -$2.26M | -$4.09M | -$7.98M | -$7.95M | -$6.72M | -$2.92M | -$2.11M | -$992K | -$644K | -$918K | -$337K | -$1.19M | -$645K | -$744K | -$339K | -$923K | -$927K | -$927K | -$998K | -$214K |
| Net Income Margin | -7570.3% | -578.2% | -7371.1% | -18129.2% | -33380.7% | -4001.1% | -6385.9% | -5246.3% | -11899.6% | -10068.3% | -4811.7% | -6507.0% | -2992.1% | -1008.3% | - | -5088.7% | -1847.1% | -389.3% | -976.8% | -1470.0% | -114186.7% | -112990.5% | -33705.8% | -1722.7% | - | - | -1300.0% | -1300.0% | -1400.0% | -300.0% |
| Supplementary Data | ||||||||||||||||||||||||||||||
| EPS | -1.12 | -0.20 | -1.31 | -1.84 | -1.91 | -2.88 | -2.21 | -2.72 | -3.22 | -3.82 | -4.09 | -9.14 | -19.80 | -19.80 | -18.00 | -9.47 | -7.87 | -4.07 | -3.22 | -5.26 | -2.50 | -10.30 | -6.46 | -7.63 | -4.52 | -10.87 | -12.60 | -14.40 | -16.20 | -5.40 |
| Diluted EPS | -1.12 | -0.20 | -1.31 | -1.84 | -1.91 | -2.88 | -2.21 | -2.72 | -3.22 | -3.82 | -4.09 | -9.14 | -19.80 | -19.80 | -18.00 | -9.47 | -7.87 | -4.07 | -3.22 | -5.26 | -2.50 | -10.30 | -6.46 | -7.63 | -4.52 | -10.87 | -12.60 | -14.40 | -16.20 | -5.40 |
| Weighted Average OS | 3.39M | 3.13M | 2.53M | 2.16M | 1.97M | 1.86M | 1.53M | 1.20M | 1.04M | 928,800 | 777,185 | 626,250 | 565,622 | 573,467 | 517,083 | 432,584 | 375,578 | 342,544 | 280,344 | 245,189 | 189,324 | 162,317 | 139,956 | 136,972 | 105,261 | 119,056 | 103,172 | 90,278 | 86,422 | 55,556 |
| EBITDA | -$2.33M | -$4.08M | -$2.68M | -$2.03M | -$2.71M | -$3.71M | -$2.38M | -$2.01M | -$2.19M | -$2.81M | -$2.51M | -$3.95M | -$7.98M | -$7.78M | -$6.62M | -$3.24M | -$1.92M | -$1.88M | -$969K | -$900K | $295 | -$307K | -$220K | -$281K | $0 | -$330K | $71K | -$428K | -$285K | -$214K |
| EBITDA Margin | -6542.5% | -5205.4% | -8353.0% | -13105.5% | -33801.5% | -3882.4% | -6305.5% | -4571.3% | -10892.9% | -11220.1% | -5338.2% | -6292.4% | -2992.1% | -987.3% | - | -5638.3% | -1682.1% | -739.2% | -1470.0% | -1441.0% | 100.0% | -29161.0% | -11471.1% | -650.1% | - | - | 100.0% | -600.0% | -400.0% | -300.0% |
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 | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-08-31 | 2013-08-31 | 2012-08-31 | 2011-08-31 | 2010-08-31 | 2009-08-31 | 2008-08-31 | 2007-08-31 | 2006-08-31 | 2005-08-31 | 2004-08-31 | 2003-08-31 | 2002-08-31 | 2001-08-31 | 2000-08-31 | 1999-08-31 | 1998-08-31 | 1997-08-31 | 1996-08-31 |
| Assets | ||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $1.04M | $508K | $1.84M | $2.16M | $1.3M | $924K | $1.34M | $227K | $765K | $970K | $3.74M | $4.29M | $7.35M | $27.3M | $50.51M | $4.94M | $4.28M | $7.65M | $1.11M | $1.44M | $308K | $183K | $94K | $83K | $537K | $179K | $356K | $499K | $784K | $143K |
| 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 | $0 | $0 | $1.57M |
| Cash and Short-Term Investments | $1.04M | $508K | $1.84M | $2.16M | $1.3M | $924K | $1.34M | $227K | $765K | $970K | $3.74M | $4.29M | $7.35M | $27.3M | $50.51M | $4.94M | $4.28M | $7.65M | $1.11M | $1.44M | $308K | $183K | $94K | $83K | $537K | $179K | $356K | $499K | $784K | $1.71M |
| Accounts Receivable | $54K | $35K | $105K | $33K | $84K | $0 | $241K | $0 | $0 | $0 | $0 | $0 | $0 | $456K | $464K | $754K | $427K | $108K | $124K | $58K | $23K | $26K | $38K | $27K | $145K | $109K | $143K | $143K | $71K | $71K |
| Inventory | $0 | $0 | -$105K | $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 Current Assets | $0 | $0 | $12.15M | $0 | $0 | $188K | $1.86M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $356K | $71K |
| Total Current Assets | $1.25M | $636K | $14.25M | $2.89M | $1.81M | $1.2M | $3.54M | $446K | $975K | $1.35M | $4.53M | $5.27M | $8.29M | $28.54M | $51.63M | $5.83M | $4.79M | $7.86M | $1.28M | $1.5M | $331K | $209K | $132K | $110K | $682K | $288K | $499K | $642K | $1.21M | $1.85M |
| Long-Term Assets | ||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $79.88M | $79.76M | $79.17M | $73.05M | $82.64M | $81.92M | $84.86M | $86.47M | $84.88M | $83.14M | $80.46M | $78.02M | $71.44M | $59.91M | $36.68M | $23.77M | $14.11M | $9.52M | $5.22M | $3.42M | $2.73M | $2.53M | $3.18M | $3.46M | $3.58M | $3.15M | $3.28M | $2.71M | $1.5M | $1.07M |
| 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 | $14K | $15K | $15K | $0 | $0 | $0 | $0 |
| Long-Term Investments | $11.76M | $16.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $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 | $0 | $0 | $0 |
| Other Long-Term Assets | $4.92M | $633K | $0 | $9.92M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $2K | $16K | $16K | $50K | $16K | $86K | $133K | $111K | $71K | $214K | $214K | $214K |
| Total Long-Term Assets | $96.56M | $96.58M | $79.17M | $82.97M | $82.64M | $81.92M | $84.86M | $86.47M | $84.88M | $83.14M | $80.46M | $78.02M | $71.44M | $59.91M | $36.68M | $23.77M | $14.11M | $9.53M | $5.23M | $3.44M | $2.74M | $2.58M | $3.2M | $3.56M | $3.73M | $3.28M | $3.35M | $2.92M | $1.71M | $1.28M |
| 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 | $97.81M | $97.22M | $93.42M | $85.86M | $84.45M | $83.12M | $88.4M | $86.92M | $85.85M | $84.48M | $84.99M | $83.29M | $79.73M | $88.45M | $88.32M | $29.6M | $18.91M | $17.38M | $6.51M | $4.94M | $3.07M | $2.79M | $3.33M | $3.67M | $4.41M | $3.57M | $3.85M | $3.56M | $2.92M | $3.14M |
| Liabilities | ||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||
| Accounts Payable | $328K | $327K | $327K | $133K | $102K | $110K | $108K | $276K | $285K | $159K | $348K | $784K | $1.04M | $3.89M | $2.5M | $1.55M | $1.02M | $636K | $447K | $145K | $128K | $138K | $217K | $118K | $165K | $229K | $214K | $143K | $71K | $214K |
| Short-Term Debt | $1.94M | $2.31M | $0 | $328K | $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 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 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | -$133K | $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 Current Liabilities | $240 | $454 | $8K | $260K | $26K | $98K | $2.31M | $37K | $165K | $362K | $415K | $1.23M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8K | $12K | $202K | $21K | $0 | $0 | $143K | $0 |
| Total Current Liabilities | $3.06M | $3.47M | $970K | $1.03M | $612K | $744K | $3.08M | $605K | $743K | $880K | $1.19M | $2.5M | $1.88M | $4.78M | $2.7M | $1.55M | $1.02M | $636K | $447K | $145K | $128K | $138K | $225K | $130K | $367K | $250K | $214K | $143K | $214K | $214K |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||
| Long-Term Debt | $5.11M | $2.12M | $2.15M | $2.57M | $2.13M | $0 | $125K | $2.39M | $1.89M | $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 | $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 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $145K | $146K | $340K | $572K | $356K | $259K | $919K | $295K | $311K | $188K | $188K | $169K | $169K | $74K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $71K | $0 |
| Total Long-Term Liabilities | $5.62M | $2.77M | $2.53M | $3.34M | $2.84M | $750K | $1.04M | $2.69M | $2.2M | $188K | $188K | $169K | $169K | $74K | $2.7M | $1.55M | $1.02M | $636K | $447K | $145K | $128K | $138K | $217K | $118K | $165K | $229K | $214K | $143K | $71K | $214K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.7M | -$1.55M | -$1.02M | -$636K | -$447K | -$145K | -$128K | -$138K | -$217K | -$118K | -$165K | -$229K | -$214K | -$143K | $0 | -$214K |
| Total Liabilities | $8.68M | $6.24M | $3.5M | $4.37M | $3.45M | $1.49M | $4.12M | $3.29M | $2.94M | $1.07M | $1.38M | $2.67M | $2.05M | $4.85M | $2.7M | $1.55M | $1.02M | $636K | $447K | $145K | $128K | $138K | $225K | $130K | $367K | $250K | $214K | $143K | $285K | $214K |
| 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 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $145.34M | $143.64M | $142.99M | $132.58M | $129.68M | $127.83M | $126.74M | $123.75M | $120.89M | $119.17M | $117.4M | $113.02M | $106.48M | $106.25M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$73.87M | -$70.17M | -$69.72M | -$67.35M | -$64.54M | -$61.86M | -$58.04M | -$55.62M | -$53.31M | -$50.92M | -$48.4M | -$46.13M | -$42.05M | -$34.06M | -$25.88M | -$19.16M | -$16.24M | -$14.13M | -$13.14M | -$12.5M | -$11.58M | -$11.24M | -$10.05M | -$9.41M | -$8.66M | -$8.32M | -$7.41M | -$6.49M | -$5.56M | -$4.63M |
| Comprehensive Income & Other | $17.65M | $17.51M | $16.65M | $16.26M | $15.86M | $15.65M | $15.57M | -$851K | $12.3M | $15.16M | $14.6M | $10.97M | $10.63M | $11.42M | $0 | $0 | -$7K | -$6K | -$6K | -$17K | $104K | $78K | $63K | -$18K | -$16K | -$14K | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $17.66M | $17.51M | $16.65M | $16.26M | $15.86M | $15.65M | $15.57M | $15.5M | $15.33M | $15.16M | $14.6M | $13.73M | $13.24M | $11.42M | $111.49M | $47.21M | $34.13M | $30.88M | $19.2M | $17.29M | $14.53M | $13.9M | $13.16M | $12.95M | $12.71M | $11.64M | $11.05M | $9.91M | $8.2M | $7.56M |
| Total Equity | $89.12M | $90.97M | $89.92M | $81.49M | $81M | $81.62M | $84.28M | $83.63M | $82.91M | $83.41M | $83.61M | $80.62M | $77.68M | $83.6M | $85.61M | $28.05M | $17.89M | $16.75M | $6.06M | $4.8M | $2.95M | $2.66M | $3.1M | $3.54M | $4.04M | $3.32M | $3.64M | $3.42M | $2.64M | $2.92M |
| 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 | $97.81M | $97.22M | $93.42M | $85.86M | $84.45M | $83.12M | $88.4M | $86.92M | $85.85M | $84.48M | $84.99M | $83.29M | $79.73M | $88.45M | $88.32M | $29.6M | $18.91M | $17.38M | $6.51M | $4.94M | $3.07M | $2.79M | $3.33M | $3.67M | $4.41M | $3.57M | $3.85M | $3.56M | $2.92M | $3.14M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Total Debt | $7.55M | $5.03M | $2.35M | $3.25M | $2.62M | $618K | $125K | $2.39M | $1.89M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $6.52M | $4.52M | $510K | $1.09M | $1.32M | -$305K | -$1.22M | $2.16M | $1.12M | -$970K | -$3.74M | -$4.29M | -$7.35M | -$27.3M | -$50.51M | -$4.94M | -$4.28M | -$7.65M | -$1.11M | -$1.44M | -$308K | -$183K | -$94K | -$83K | -$537K | -$179K | -$356K | -$499K | -$784K | -$143K |
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 | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-08-31 | 2013-08-31 | 2012-08-31 | 2011-08-31 | 2010-08-31 | 2009-08-31 | 2008-08-31 | 2007-08-31 | 2006-08-31 | 2005-08-31 | 2004-08-31 | 2003-08-31 | 2002-08-31 | 2001-08-31 | 2000-08-31 | 1999-08-31 | 1998-08-31 | 1997-08-31 | 1996-08-31 |
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | -$2.69M | -$335K | -$2.36M | -$2.81M | -$2.68M | -$3.83M | -$2.41M | -$2.31M | -$2.39M | -$2.52M | -$2.26M | -$4.08M | -$7.98M | -$7.95M | -$6.72M | -$2.92M | -$2.11M | -$992K | -$644K | -$918K | -$337K | -$1.19M | -$645K | -$744K | -$339K | -$923K | -$927K | -$927K | -$998K | -$214K |
| Depreciation & Amortization | $199K | $186K | $166K | $117K | $81K | $116K | $15K | $13K | $25K | $27K | $40K | $120K | $150K | $166K | $124K | $58K | $36K | $29K | $13K | $6K | $1K | $981 | $2K | $3K | $3K | $2K | $0 | $0 | $0 | $0 |
| 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 | $570K | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $667K | $452K | $404K | $264K | $72K | $56K | $107K | $201K | $247K | $564K | $248K | $1.48M | $4.26M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||
| Accounts Receivable | $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 |
| 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 | $0 | $0 | $0 | $0 | $0 |
| Accounts 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 | $0 | $0 | $0 |
| Other Working Capital | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$308K | $52K | $417K | $216K | $797K | $534K | $482K | $6K | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$308K | $52K | $417K | $216K | $797K | $534K | $482K | $6K | $0 | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | $645K | -$3.43M | -$118K | $541K | $887K | $2.27M | $717K | $2.31M | $2.37M | $2.5M | $2.22M | $3.97M | $7.83M | -$103K | $3.64M | $1.12M | $739K | -$29K | -$13K | -$6K | -$1K | -$981 | -$2K | -$3K | -$3K | $688K | $0 | $642K | $570K | -$71K |
| Net Cash from Operating | -$1.85M | -$2.91M | -$1.86M | -$1.75M | -$1.45M | -$1.37M | -$1.63M | -$1.84M | -$1.96M | -$2.33M | -$2.73M | -$3.78M | -$4.23M | -$3.63M | -$2.96M | -$1.74M | -$1.33M | -$1.3M | -$591K | -$501K | -$121K | -$393K | -$111K | -$262K | -$332K | -$233K | -$356K | -$285K | -$428K | -$285K |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditures | -$228K | -$339K | -$8.23M | -$613K | -$840K | -$530K | -$653K | -$1.65M | -$1.63M | -$2.6M | -$3.04M | -$7.18M | -$15.87M | -$20.57M | -$12.4M | -$9.7M | -$4.86M | -$4.36M | -$1.69M | -$704K | -$286K | -$227K | -$183K | -$742K | -$2.02M | -$1.11M | -$855K | -$1.64M | -$1.21M | -$927K |
| Acquisitions | $0 | $0 | -$46K | $0 | -$143K | $1.27M | $2.28M | $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 | -$71K | $0 | $0 | $0 | -$71K | -$1.57M |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $0 | $0 | $33K | $0 | $42K | $17K | $104K | $0 | $0 | $0 | $0 | $0 | $1.57M | $0 |
| Other Investing Activities | $0 | -$45K | $0 | $0 | $0 | $0 | $2.28M | $0 | $0 | $0 | $0 | $0 | -$153K | $0 | $0 | $94K | $0 | $7K | $0 | $9K | $29K | $16K | $16K | $365K | $1.82M | $658K | $0 | $0 | $71K | -$71K |
| Net Cash from Investing | -$228K | -$383K | -$8.28M | -$613K | -$983K | $738K | $1.63M | -$1.65M | -$1.63M | -$2.6M | -$3.04M | -$7.18M | -$15.87M | -$20.57M | -$12.4M | -$9.61M | -$4.86M | -$4.36M | -$1.65M | -$695K | -$215K | -$194K | -$63K | -$377K | -$272K | -$456K | -$855K | -$1.64M | $356K | -$2.57M |
| Financing Activities | ||||||||||||||||||||||||||||||
| Debt Repaid | -$2.4M | -$1.67M | -$1.09M | -$1.97M | -$2.01M | $148K | -$333K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $222K | $288K | $8.52M | $912K | $321K | $361K | $681K | $1.44M | $1.54M | $2.11M | $5.2M | $7.73M | $0 | $0 | $49.54M | $11.48M | $801K | $11.07M | $1.92M | $2.33M | $460K | $351K | $144K | $185K | $962K | $517K | $1.07M | $1.64M | $713K | $2.92M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | -$143K | $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 |
| 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 | -$160K | -$130K | $207K | $345K | $616K | $361K | $100K | $27K | $243K | $45K | $8K | $180K | $150K | $985K | $11.35M | $527K | $2.01M | $1.13M | $0 | $0 | $0 | $326K | $39K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $2.46M | $1.96M | $9.82M | $3.23M | $2.81M | $214K | $1.11M | $2.96M | $3.39M | $2.15M | $5.2M | $7.91M | $150K | $985K | $60.89M | $12.01M | $2.81M | $12.2M | $1.92M | $2.33M | $460K | $677K | $184K | $185K | $962K | $517K | $1.07M | $1.64M | $713K | $2.92M |
| Forex Effect | $14K | $0 | $0 | $0 | -$3K | -$443 | -$1K | -$2K | -$4K | $7K | $18K | -$14K | $2K | -$4K | $40K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $398K | -$1.33M | -$321K | $862K | $376K | -$418K | $1.11M | -$538K | -$205K | -$2.77M | -$549K | -$3.06M | -$19.95M | -$23.21M | $45.57M | $662K | -$3.38M | $6.54M | -$329K | $1.13M | $124K | $89K | $11K | -$454K | $358K | -$171K | -$143K | -$285K | $642K | $71K |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Operating Cash Flow | -$2.54M | -$2.91M | -$1.86M | -$1.75M | -$1.45M | -$1.37M | -$1.63M | -$1.84M | -$1.96M | -$2.33M | -$2.73M | -$3.78M | -$4.23M | -$3.63M | -$2.96M | -$1.74M | -$1.33M | -$1.3M | -$591K | -$501K | -$121K | -$393K | -$111K | -$262K | -$332K | -$233K | -$356K | -$285K | -$428K | -$285K |
| Capital Expenditure | -$314K | -$339K | -$8.23M | -$613K | -$840K | -$530K | -$653K | -$1.65M | -$1.63M | -$2.6M | -$3.04M | -$7.18M | -$15.87M | -$20.57M | -$12.4M | -$9.7M | -$4.86M | -$4.36M | -$1.69M | -$704K | -$286K | -$227K | -$183K | -$742K | -$2.02M | -$1.11M | -$855K | -$1.64M | -$1.21M | -$927K |
| Free Cash Flow | -$2.86M | -$3.25M | -$10.1M | -$2.36M | -$2.29M | -$1.9M | -$2.28M | -$3.49M | -$3.59M | -$4.93M | -$5.77M | -$10.96M | -$20.1M | -$24.19M | -$15.36M | -$11.44M | -$6.19M | -$5.66M | -$2.28M | -$1.21M | -$406K | -$620K | -$293K | -$1M | -$2.35M | -$1.35M | -$1.21M | -$1.92M | -$1.64M | -$1.21M |
| Cash at Beginning | $306K | $1.84M | $2.16M | $1.3M | $924K | $1.34M | $227K | $765K | $970K | $3.74M | $4.29M | $7.35M | $27.3M | $50.51M | $4.94M | $4.28M | $7.65M | $1.11M | $1.44M | $308K | $183K | $94K | $83K | $537K | $179K | $351K | $499K | $784K | $143K | $71K |
| Cash at End | $705K | $508K | $1.84M | $2.16M | $1.3M | $924K | $1.34M | $227K | $765K | $970K | $3.74M | $4.29M | $7.35M | $27.3M | $50.51M | $4.94M | $4.28M | $7.65M | $1.11M | $1.44M | $308K | $183K | $94K | $83K | $537K | $179K | $356K | $499K | $784K | $143K |