BLACKROCK SILVER CORP. (BKRRF)
Blackrock Silver Corp. (BKRRF) is a company dedicated to identifying, evaluating, and advancing mining assets across the United States. Its primary objective involves the exploration for precious metals, particularly gold and silver. A key asset in its portfolio is the Tonopah West silver-gold project, which encompasses 100 patented and 279 unpatented claims, covering approximately 25.5 square kilometers within the Walker Lane trend of western Nevada. Additionally, the firm possesses an interest in the Silver Cloud project, comprising 572 mining claims that span about 45 square kilometers in Elko, Nevada. Established in 1999, the company initially operated as Blackrock Gold Corp. before rebranding to Blackrock Silver Corp. in March 2021. Its corporate headquarters are located in Vancouver, Canada.
Industry: Other Precious Metals
Blackrock Silver Corp.
OTC:BKRRFBasic Materials · Other Precious Metals
+1.64%$0.5590
Mkt Cap$219.94M
Float308.74M
O/S393.44M
Inst Own-
SI1.4%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$15.02M
Total Assets$11.59M
Free Cash Flow-$15.03M
Debt & Equity
Debt 0%
Equity 100%
Total Debt$41K
Total Equity$10.93M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BKRRF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$11.59M
Liabilities$660K
Accounts Receivable$87K
Accounts Payable$264K
Inventory$0
PP&E (Net)$260K
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 | 2011-10-31 | 2010-10-31 | 2009-10-31 | 2008-10-31 | 2007-10-31 | 2006-10-31 | 2005-10-31 | 2004-10-31 | 2003-10-31 | 2002-10-31 | 2001-10-31 | 2000-10-31 |
| 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 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $57K | $0 | $0 | $0 | $0 | $4K | $0 | $0 | $0 | $122 | $226 | $212 | $333 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | -$57K | $0 | $0 | $0 | $0 | -$4K | $0 | $0 | $0 | -$122 | -$226 | -$212 | -$333 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.4M | $8.38M | $1.35M | $2.92M | $5.36M | $4.32M | $1.19M | $806K | $452K | $268K | $38K | $61K | $88K | $39K | $39K | $41K | $132K | $119K | $47K | $108K | $27K | $45K | $41K | $32K | $21K | $55K |
| Other | $13.5M | $7.4M | $3.02M | $335K | $15K | $25K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $36 | $0 | $98K | $140K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $14.9M | $8.38M | $4.37M | $12.88M | $20.1M | $8.29M | $1.19M | $806K | $452K | $268K | $38K | $61K | $88K | $40K | $40K | $42K | $134K | $120K | $49K | $109K | $29K | $46K | $41K | $32K | $21K | $55K |
| Operating Income (EBIT) | -$14.96M | -$8.38M | -$4.26M | -$12.54M | -$20.08M | -$8.27M | -$1.19M | -$818K | -$462K | -$261K | -$39K | -$61K | -$88K | -$40K | -$83K | -$43K | -$165K | -$120K | -$49K | -$109K | -$29K | -$46K | -$41K | -$32K | -$21K | -$55K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $10K | $0 | $9K | $10K | $10K | $11K | $10K | $9K | $2K | $1K | $255 | $207 | $276 | $220 | $43K | $33K | $31K | $16K | $0 | $67K | $6K | $2K | $259 | $175 | $49 | $72 |
| Interest Income | $206K | $131K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4 | $0 | $4 | $87 | $73 | $575 | $2K | $0 | $2K | $12K | $13K | $15K | $16K | $23K | $11K |
| Other Income (Expense) | -$67K | $3K | -$14K | $407K | $135K | -$34K | -$11K | -$3K | -$129K | -$159K | -$215K | $4 | -$46K | $4 | $36 | -$554K | $98K | $140K | $294K | $185K | $134K | $0 | -$5K | $0 | $0 | $0 |
| Income Before Tax (EBT) | -$15.02M | -$8.38M | -$4.28M | -$12.48M | -$19.97M | -$8.34M | -$1.21M | -$818K | -$583K | -$428K | -$254K | -$61K | -$134K | -$40K | -$82K | -$629K | -$67K | $20K | $246K | $76K | $106K | $0 | -$46K | $0 | $0 | $0 |
| Income Tax Expense | $0 | $0 | $0 | $345K | $25K | $36K | $0 | -$3K | -$7K | $1K | $255 | $210 | $276 | $224 | $42K | $62K | $30K | $14K | $55K | $65K | -$6K | -$11K | -$15K | $16K | -$2K | $44K |
| Net Income | -$15.02M | -$8.38M | -$4.28M | -$12.48M | -$19.97M | -$8.34M | -$1.21M | -$818K | -$583K | -$428K | -$254K | -$61K | -$134K | -$40K | -$82K | -$629K | -$66K | $6K | $191K | $11K | $112K | -$35K | -$31K | -$16K | $2K | -$44K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||||||||||||||||||
| EPS | -0.07 | -0.05 | -0.03 | -0.11 | -0.20 | -0.15 | -0.04 | -0.04 | -0.04 | -0.08 | -0.07 | -0.02 | -0.04 | -0.01 | -0.02 | -0.16 | -0.02 | 0.00 | 0.06 | 0.00 | 0.05 | -0.02 | -0.02 | -0.01 | 0.00 | -0.02 |
| Diluted EPS | -0.07 | -0.05 | -0.03 | -0.11 | -0.20 | -0.15 | -0.04 | -0.04 | -0.04 | -0.08 | -0.07 | -0.02 | -0.04 | -0.01 | -0.02 | -0.16 | -0.02 | 0.00 | 0.05 | 0.00 | 0.05 | -0.02 | -0.02 | -0.01 | 0.00 | -0.02 |
| Weighted Average OS | 308.67M | 231.88M | 187.19M | 162.79M | 141.01M | 80.47M | 47.01M | 31.71M | 20.61M | 7.65M | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M | 4.78M | 3.93M | 3.22M | 2.84M | 2.80M | 2.80M | 2.58M | 2.58M |
| EBITDA | -$14.9M | -$8.35M | -$4.23M | -$12.52M | -$20.07M | -$8.27M | $1.63M | -$86K | $271K | -$268K | -$38K | -$61K | -$88K | -$39K | -$39K | -$13K | -$132K | -$119K | -$47K | -$108K | -$27K | -$45K | -$41K | -$32K | -$21K | -$55K |
| 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 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 | 2011-10-31 | 2010-10-31 | 2009-10-31 | 2008-10-31 | 2007-10-31 | 2006-10-31 | 2005-10-31 | 2004-10-31 | 2003-10-31 | 2002-10-31 | 2001-10-31 | 2000-10-31 |
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash and Cash Equivalents | $5.48M | $6.7M | $468K | $2.6M | $6.08M | $4.7M | $626K | $150K | $65K | $34K | $2K | $7K | $11K | $5K | $45K | $35K | $9K | $55K | $165K | $56K | $44K | $1.21M | $98K | $8K | $106K | $385K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $854K | $830K | $983K | $1.08M | $1.76M | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $5.48M | $6.7M | $468K | $2.6M | $6.08M | $4.7M | $626K | $150K | $65K | $34K | $2K | $7K | $11K | $5K | $45K | $35K | $863K | $886K | $1.15M | $1.14M | $1.8M | $1.21M | $98K | $8K | $106K | $385K |
| Accounts Receivable | $87K | $76K | $52K | $119K | $57K | $38K | $15K | $25K | $7K | $8K | $922 | $2K | $10K | $5K | $5K | $23K | $7K | $8K | $1K | $4K | $2K | $3K | $3K | $22K | $4K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1K | $303 | $556 | $542 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7K | $0 | $0 | $0 | $0 | $148K | $265K | $189K | $277K | $1K |
| Total Current Assets | $5.73M | $6.93M | $812K | $2.9M | $6.24M | $4.82M | $776K | $296K | $133K | $233K | $3K | $9K | $21K | $11K | $51K | $57K | $877K | $893K | $1.15M | $1.14M | $1.81M | $1.36M | $366K | $219K | $388K | $387K |
| Long-Term Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $260K | $5.34M | $3.87M | $3.1M | $1.89M | $1.2M | $1.16M | $507K | $0 | $707K | $707K | $918K | $911K | $1.17M | $1.05M | $929K | $604K | $386K | $236K | $203K | $98K | $52K | $6K | $0 | $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 |
| 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 |
| Long-Term Investments | $0 | $24K | $24K | $24K | $24K | $24K | $24K | $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 |
| Other Long-Term Assets | $5.59M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6K | $0 | $0 | $0 | $0 | $34K | $34K | $0 | $0 | $0 |
| Total Long-Term Assets | $5.85M | $5.36M | $3.89M | $3.13M | $1.91M | $1.22M | $1.18M | $507K | $0 | $707K | $707K | $918K | $911K | $1.17M | $1.05M | $929K | $610K | $386K | $236K | $203K | $98K | $86K | $40K | $204K | $0 | $392 |
| 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 |
| Total Assets | $11.59M | $12.3M | $4.71M | $6.02M | $8.16M | $6.04M | $1.96M | $804K | $133K | $940K | $710K | $927K | $932K | $1.18M | $1.11M | $987K | $1.49M | $1.28M | $1.39M | $1.35M | $1.91M | $1.45M | $406K | $423K | $388K | $387K |
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payable | $264K | $792K | $122K | $533K | $591K | $883K | $246K | $21K | $40K | $38K | $7K | $13K | $21K | $14K | $0 | $18K | $147K | $5K | $7K | $8K | $16K | $5K | $8K | $6K | $3K | $4K |
| Short-Term Debt | $21K | $14K | $0 | $0 | $0 | $0 | $94K | $79K | $0 | $628K | $0 | $0 | $0 | $0 | $0 | $305K | $542K | $291K | $212K | $541K | $1.27M | $1.02M | $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 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$277K | $0 | -$541K | -$1.27M | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $528K | $98K | $82K | -$393K | -$241K | -$700K | $71K | $32K | $68K | $10K | $2K | $1K | $150 | $21K | $0 | $18K | $20K | $14K | $0 | $0 | $0 | $22K | $13K | $0 | $0 | $0 |
| Total Current Liabilities | $548K | $973K | $242K | $674K | $942K | $1.07M | $410K | $132K | $109K | $676K | $9K | $14K | $21K | $35K | $42K | $342K | $709K | $310K | $219K | $549K | $1.29M | $1.05M | $21K | $6K | $3K | $4K |
| Long-Term Liabilities | ||||||||||||||||||||||||||
| Long-Term Debt | $10K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $628K | $586K | $523K | $620K | $500K | $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 |
| 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 |
| Other Long-Term Liabilities | $92K | $54K | $31K | $0 | $0 | $13K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $112K | $84K | $31K | $61K | $129K | $13K | $0 | $0 | $0 | $0 | $628K | $586K | $523K | $620K | $500K | $0 | $0 | $0 | $0 | $0 | $0 | $22K | $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 | $0 |
| Total Liabilities | $660K | $1.06M | $274K | $735K | $1.07M | $1.08M | $410K | $132K | $109K | $676K | $638K | $600K | $544K | $655K | $543K | $342K | $709K | $310K | $219K | $549K | $1.29M | $1.07M | $21K | $6K | $3K | $4K |
| 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 |
| Common Stock | $75.8M | $61.55M | $46.44M | $43.57M | $29.7M | $14.05M | $4.82M | $3.14M | $1.89M | $1.57M | $990K | $990K | $990K | $0 | $0 | $0 | $990K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$73.05M | -$58.03M | -$49.65M | -$45.37M | -$32.89M | -$12.92M | -$4.08M | -$2.87M | -$2.05M | -$1.47M | -$1.04M | -$786K | -$724K | -$590K | -$550K | -$467K | $162K | $228K | $222K | $31K | $20K | -$91K | -$56K | -$25K | -$9K | -$47K |
| Comprehensive Income & Other | $8.18M | $7.72M | $7.65M | $7.09M | $6.68M | $3.83M | $774K | $403K | $189K | $165K | $122K | $122K | $122K | $122K | $0 | $0 | -$497K | -$317K | -$45K | $0 | $0 | $18K | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $8.18M | $7.72M | $7.65M | $7.09M | $10.28M | $3.83M | $809K | $403K | $189K | $165K | $122K | $122K | $122K | $1.11M | $1.11M | $1.11M | -$375K | $741K | $945K | $766K | $599K | $473K | $441K | $441K | $394K | $430K |
| Total Equity | $10.93M | $11.24M | $4.43M | $5.29M | $7.08M | $4.96M | $1.55M | $672K | $25K | $264K | $73K | $327K | $388K | $522K | $563K | $645K | $777K | $969K | $1.17M | $797K | $619K | $382K | $385K | $416K | $385K | $383K |
| 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 |
| Total Liabilities and Equity | $11.59M | $12.3M | $4.71M | $6.02M | $8.16M | $6.04M | $1.96M | $804K | $133K | $940K | $710K | $927K | $932K | $1.18M | $1.11M | $987K | $1.49M | $1.28M | $1.39M | $1.35M | $1.91M | $1.45M | $406K | $423K | $388K | $387K |
| Supplementary Data | ||||||||||||||||||||||||||
| Total Debt | $41K | $64K | $0 | $0 | $0 | $0 | $94K | $79K | $0 | $628K | $628K | $586K | $523K | $620K | $500K | $305K | $542K | $291K | $212K | $541K | $1.27M | $1.02M | $0 | $0 | $0 | $0 |
| Net Debt | -$5.44M | -$6.64M | -$468K | -$2.6M | -$6.08M | -$4.7M | -$532K | -$71K | -$65K | $594K | $626K | $579K | $512K | $615K | $455K | $270K | $533K | $236K | $47K | $485K | $1.23M | -$193K | -$98K | -$8K | -$106K | -$385K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 | 2011-10-31 | 2010-10-31 | 2009-10-31 | 2008-10-31 | 2007-10-31 | 2006-10-31 | 2005-10-31 | 2004-10-31 | 2003-10-31 | 2002-10-31 | 2001-10-31 | 2000-10-31 |
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | -$15.02M | -$8.38M | -$4.28M | -$12.48M | -$19.97M | -$8.34M | -$1.21M | -$818K | -$583K | -$428K | -$254K | -$61K | -$134K | -$40K | -$82K | -$629K | -$66K | $6K | $191K | $11K | $112K | -$35K | -$31K | -$16K | $2K | -$44K |
| Depreciation & Amortization | $57K | $46K | $33K | $26K | $16K | $4K | $1.63M | $733K | $733K | $122 | $226 | $212 | $333 | $500 | $681 | $932 | $1K | $1K | $1K | $1K | $2K | $1K | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $183K | -$21K | $25K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17K | $13 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $492K | $254K | $124K | $161K | $2.79M | $2.59M | $404K | $220K | $24K | $43K | $0 | $0 | $0 | $0 | $0 | $0 | $54K | $68K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||
| Accounts Receivable | -$11K | -$25K | $67K | $0 | $0 | $0 | $0 | -$17K | $1K | -$7K | $848 | $0 | $0 | $0 | $0 | $0 | $946 | -$7K | $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 |
| Accounts Payable | -$523K | $684K | -$414K | -$4K | -$357K | $640K | -$7K | $9K | $36K | $30K | -$6K | -$8K | $7K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$493K | $148K | -$120K | -$295K | -$14K | $129K | $12K | -$50K | $188K | -$182K | $160 | $9K | -$25K | $0 | $0 | $0 | $17K | $13K | $0 | $0 | $0 | $0 | $0 | $0 | -$4K | -$1K |
| Total Working Capital Change | -$504K | $808K | -$466K | -$299K | -$371K | $769K | $5K | -$58K | $225K | -$159K | -$5K | $2K | -$19K | -$7K | $24K | -$1K | $18K | $6K | $1K | -$11K | -$10K | -$4K | $34K | -$15K | -$4K | -$1K |
| Other Non-Cash Items | $535K | -$5K | -$15K | -$44K | -$15K | -$25K | -$1.62M | -$726K | -$607K | $167K | $215K | $0 | $46K | $0 | $42K | $613K | $42K | $12K | -$74K | $33K | -$22K | $15K | $4K | $0 | $392 | $0 |
| Net Cash from Operating | -$14.94M | -$7.28M | -$4.6M | -$12.45M | -$17.57M | -$4.98M | -$790K | -$650K | -$209K | -$378K | -$43K | -$59K | -$107K | -$47K | -$16K | -$17K | $49K | $94K | $119K | $34K | $82K | -$24K | $8K | -$32K | -$2K | -$45K |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | -$532K | -$34K | -$826K | -$1.03M | -$765K | -$562K | -$408K | -$396K | -$25K | -$153K | -$4K | -$8K | -$9K | -$113K | -$127K | -$322K | -$139K | -$151K | -$34K | -$104K | -$48K | -$47K | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.8M | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.85M | -$352K | -$200K | -$941K | -$942K | -$97K | -$1.17M | -$105K | -$204K | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.28M | $125K | $81K | $1.07M | $1.66M | $343K | $1.29M | $193K | $89K | $9K | $0 |
| Other Investing Activities | $0 | -$1.24M | $80K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $178K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$6K | $0 | $0 | $0 |
| Net Cash from Investing | -$532K | -$1.28M | -$746K | -$1.03M | -$765K | -$562K | -$408K | -$396K | -$25K | -$153K | -$4K | -$8K | $169K | -$113K | -$127K | $102K | -$366K | -$270K | $94K | $615K | -$1.6M | $74K | $82K | -$115K | $9K | $0 |
| Financing Activities | ||||||||||||||||||||||||||
| Debt Repaid | - | $10K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $14.43M | $16.21M | $3.65M | $11M | $17.26M | $9.7M | $1.63M | $1.11M | $287K | $562K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $225K | $93K | $104K | $36K | $0 | $48K | $0 | $309K |
| 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 | $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 |
| Other Financing Activities | -$137K | -$1.29M | -$448K | -$827K | $2.31M | $0 | $59K | $44K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$66K | $270K | $69K | -$329K | -$730K | $251K | $1.03M | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $14.29M | $14.91M | $3.2M | $10.17M | $19.57M | $9.6M | $1.67M | $1.13M | $265K | $562K | $43K | $63K | -$57K | $120K | $153K | -$66K | $270K | $66K | -$104K | -$637K | $354K | $1.06M | $0 | $48K | $0 | $309K |
| Forex Effect | -$79K | -$122K | $11K | -$174K | $156K | $13K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$1.25M | $6.23M | -$2.13M | -$3.48M | $1.39M | $4.07M | $476K | $84K | $31K | $32K | -$5K | -$4K | $6K | -$40K | $11K | $19K | -$47K | -$110K | $109K | $12K | -$1.17M | $1.11M | $90K | -$99K | $7K | $264K |
| Supplementary Data | ||||||||||||||||||||||||||
| Operating Cash Flow | -$14.94M | -$7.28M | -$4.6M | -$12.45M | -$17.57M | -$4.98M | -$790K | -$650K | -$209K | -$378K | -$43K | -$59K | -$107K | -$47K | -$16K | -$17K | $49K | $94K | $119K | $34K | $82K | -$24K | $8K | -$32K | -$2K | -$45K |
| Capital Expenditure | -$91K | -$34K | -$826K | -$1.03M | -$765K | -$562K | -$408K | -$396K | -$25K | -$153K | -$4K | -$8K | -$9K | -$113K | -$127K | -$322K | -$139K | -$151K | -$34K | -$104K | -$48K | -$47K | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$15.03M | -$7.31M | -$5.43M | -$13.48M | -$18.34M | -$5.55M | -$1.2M | -$1.05M | -$234K | -$530K | -$47K | -$67K | -$116K | -$160K | -$142K | -$338K | -$90K | -$57K | $84K | -$70K | $33K | -$71K | $8K | -$32K | -$2K | -$45K |
| Cash at Beginning | $6.74M | $468K | $2.6M | $6.08M | $4.7M | $626K | $150K | $65K | $34K | $2K | $7K | $11K | $5K | $45K | $28K | $9K | $55K | $165K | $56K | $44K | $1.21M | $98K | $8K | $106K | $100K | $121K |
| Cash at End | $5.48M | $6.7M | $468K | $2.6M | $6.08M | $4.7M | $626K | $150K | $65K | $34K | $2K | $7K | $11K | $5K | $38K | $28K | $9K | $55K | $165K | $56K | $44K | $1.21M | $98K | $8K | $106K | $385K |