ENCISION INC (ECIA)
Encision Inc. (ECIA), established in 1991 and headquartered in Boulder, Colorado, operates as a medical device firm specializing in the development, manufacturing, and commercialization of proprietary surgical instruments for the U.S. market. The company's core offering revolves around its patented Active Electrode Monitoring (AEM) technology, featured in both surgical instruments and dedicated monitors. This innovative system significantly enhances patient safety and optimizes outcomes during laparoscopic surgical procedures. Encision's AEM instrument portfolio encompasses a diverse array of endo-mechanical tools, such as scissors, graspers, and dissectors, alongside specialized fixed-tip and suction-irrigation electrodes. Beyond these, the company supplies specialized handles designed for complex laparoscopic operations, characterized by their robust shafts and ergonomic designs. They also provide the AEM EndoShield 2 burn protection systems. Complementing these instruments, Encision markets its AEM monitor product line, essential for use in conjunction with its AEM instruments. Distribution of Encision's products occurs through a hybrid sales model, leveraging both direct company representatives and an established network of independent sales agents.
Sector: Surgical & Medical Instruments & Apparatus
Industry: Medical - Instruments & Supplies
Encision Inc.
OTC:ECIAHealthcare · Medical - Instruments & Supplies
Mkt Cap$194K
Float6.26M
O/S16.88M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$5.78M
Net Income-$719K
Total Assets$3.7M
Free Cash Flow-$428K
Debt & Equity
Debt 54%
Equity 46%
Total Debt$1.7M
Total Equity$1.43M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ECIA's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$3.7M
Liabilities$2.27M
Accounts Receivable$650K
Accounts Payable$338K
Inventory$1.32M
PP&E (Net)$1.16M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 | 2001-03-31 | 2000-03-31 | 1999-03-31 | 1998-03-31 | 1997-03-31 |
| Revenue | $5.78M | $6.56M | $6.59M | $7.35M | $7.67M | $7.54M | $7.67M | $8.8M | $8.75M | $8.87M | $9.34M | $9.67M | $10.55M | $11.77M | $12.99M | $11.62M | $12.84M | $12.79M | $12.07M | $11.01M | $9.13M | $8.05M | $7.29M | $6.81M | $4.86M | $3.02M | $2M | $1.57M | $1.32M | $1.4M |
| YoY Growth | -11.8% | -0.5% | -10.4% | -4.2% | 1.7% | -1.7% | -12.9% | 0.6% | -1.3% | -5.0% | -3.5% | -8.3% | -10.4% | -9.4% | 11.8% | -9.5% | 0.4% | 6.0% | 9.6% | 20.6% | 13.3% | 10.5% | 7.0% | 40.1% | 61.2% | 50.7% | 27.7% | 19.2% | -5.9% | - |
| Cost of Revenue | $3.07M | $3.04M | $3.45M | $3.32M | $3.88M | $3.63M | $3.67M | $4.13M | $3.75M | $4.46M | $4.76M | $4.98M | $6.17M | $5.23M | $5.96M | $4.4M | $4.97M | $4.82M | $4.46M | $4.11M | $3.57M | $3.38M | $3M | $2.77M | $2.11M | $1.25M | $1.28M | $1.12M | $1.22M | $1.42M |
| Gross Profit | $2.71M | $3.51M | $3.14M | $4.03M | $3.79M | $3.9M | $4M | $4.67M | $5.01M | $4.41M | $4.58M | $4.69M | $4.38M | $6.54M | $7.03M | $7.21M | $7.87M | $7.97M | $7.6M | $6.9M | $5.56M | $4.67M | $4.28M | $4.04M | $2.76M | $1.76M | $721K | $447K | $98K | -$24K |
| Gross Margin | 46.9% | 53.6% | 47.6% | 54.9% | 49.4% | 51.8% | 52.2% | 53.1% | 57.2% | 49.7% | 49.0% | 48.5% | 41.5% | 55.5% | 54.1% | 62.1% | 61.3% | 62.3% | 63.0% | 62.7% | 60.9% | 58.0% | 58.8% | 59.3% | 56.7% | 58.4% | 36.0% | 28.5% | 7.4% | -1.7% |
| Research and Development | $759K | $593K | $622K | $816K | $918K | $569K | $748K | $779K | $842K | $1.13M | $1.25M | $1.34M | $1.41M | $1.76M | $1.35M | $1.46M | $1.34M | $1.14M | $1.27M | $1.1M | $956K | $952K | $764K | $503K | $446K | $458K | $579K | $582K | $652K | $617K |
| Selling, General, and Administrative | $2.59M | $3.09M | $3.15M | $3.52M | $3.46M | $3.4M | $3.41M | $4.08M | $3.77M | $3.97M | $4.04M | $4.54M | $4.48M | $5.33M | $6.15M | $5.7M | $6.22M | $6.62M | $6.49M | $5.94M | $4.96M | $4.32M | $3.51M | $3.33M | $2.54M | $2.26M | $2.23M | $2.33M | $3.04M | $2.86M |
| Other | $0 | $0 | $0 | -$2K | $3K | $0 | $1K | $597 | $369 | $19K | $0 | $0 | $0 | -$64K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.39M | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $3.35M | $3.68M | $3.78M | $4.34M | $4.38M | $3.97M | $4.16M | $4.86M | $4.61M | $5.09M | $5.29M | $5.88M | $5.89M | $7.08M | $7.5M | $7.16M | $7.56M | $7.76M | $7.76M | $7.04M | $5.91M | $5.27M | $4.27M | $3.83M | $2.99M | $2.85M | $2.8M | $2.91M | $3.69M | $3.48M |
| Operating Income (EBIT) | -$637K | -$172K | -$641K | -$303K | -$595K | -$61K | -$156K | -$186K | $396K | -$688K | -$708K | -$1.19M | -$1.51M | -$550K | -$472K | $50K | $306K | $207K | -$155K | -$131K | -$354K | -$599K | $8K | $208K | -$231K | -$1.21M | -$2.08M | -$2.46M | -$3.59M | -$3.5M |
| Operating Margin | -11.0% | -2.6% | -9.7% | -4.1% | -7.8% | -0.8% | -2.0% | -2.1% | 4.5% | -7.8% | -7.6% | -12.3% | -14.3% | -4.7% | -3.6% | 0.4% | 2.4% | 1.6% | -1.3% | -1.2% | -3.9% | -7.4% | 0.1% | 3.1% | -4.7% | -40.2% | -104.0% | -157.0% | -272.8% | -250.4% |
| Interest Expense | $60K | $44K | $62K | $20K | $7K | $87K | $43K | $50K | $61K | $60K | $47K | $7K | $38K | $2K | $60K | $47K | $41K | $63K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $28.78M | $13.98M | $5M | $4K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$82K | -$48K | -$51K | -$21K | $529K | $733K | -$42K | -$50K | -$60K | -$41K | -$172K | -$198K | -$271K | -$66K | -$58K | -$46K | -$41K | -$47K | -$25K | $41K | $16K | $4K | -$3.33M | $6K | -$4K | $46K | -$10K | -$9K | -$18K | $0 |
| Income Before Tax (EBT) | -$719K | -$220K | -$692K | -$324K | -$66K | $672K | -$198K | -$236K | $336K | -$729K | -$880K | -$1.38M | -$1.78M | -$616K | -$531K | $5K | $265K | $160K | -$179K | -$120K | -$337.8M | -$595.13M | $5.06M | $214K | -$235K | -$1.17M | -$2.09M | -$2.47M | -$3.61M | $0 |
| Income Tax Expense | $0 | $0 | $0 | $42K | -$529K | $88K | $43K | $597 | $60K | $60K | -$272K | -$375K | $0 | -$317K | $0 | $0 | -$195K | $0 | $0 | -$41K | -$16K | -$4K | $4K | $0 | -$15K | -$83K | -$116K | -$283K | -$395K | -$597K |
| Net Income | -$719K | -$220K | -$692K | -$366K | $463K | $585K | -$241K | -$236K | $336K | -$729K | -$880K | -$1.38M | -$1.78M | -$616K | -$531K | $5K | $265K | $160K | -$179K | -$90K | -$338K | -$595K | $5K | $214K | -$216K | -$990K | -$1.97M | -$2.18M | -$3.19M | -$2.9M |
| Net Income Margin | -12.4% | -3.4% | -10.5% | -5.0% | 6.0% | 7.8% | -3.1% | -2.7% | 3.8% | -8.2% | -9.4% | -14.3% | -16.9% | -5.2% | -4.1% | 0.0% | 2.1% | 1.2% | -1.5% | -0.8% | -3.7% | -7.4% | 0.1% | 3.1% | -4.4% | -32.8% | -98.2% | -139.0% | -242.8% | -207.7% |
| Supplementary Data | ||||||||||||||||||||||||||||||
| EPS | -0.05 | -0.02 | -0.06 | -0.03 | 0.04 | 0.05 | -0.02 | -0.02 | 0.03 | -0.07 | -0.08 | -0.13 | -0.20 | -0.08 | -0.08 | 0.00 | 0.04 | 0.02 | -0.03 | -0.01 | -0.05 | -0.10 | 0.00 | 0.04 | -0.04 | -0.18 | -0.37 | -0.40 | -0.59 | -0.57 |
| Diluted EPS | -0.05 | -0.02 | -0.06 | -0.03 | 0.04 | 0.05 | -0.02 | -0.02 | 0.03 | -0.07 | -0.08 | -0.13 | -0.20 | -0.08 | -0.08 | 0.00 | 0.04 | 0.02 | -0.03 | -0.01 | -0.05 | -0.10 | 0.00 | 0.04 | -0.04 | -0.18 | -0.37 | -0.40 | -0.59 | -0.57 |
| Weighted Average OS | 14.89M | 11.88M | 11.77M | 11.76M | 11.63M | 11.58M | 11.57M | 10.93M | 10.68M | 10.42M | 10.67M | 10.64M | 8.91M | 8.20M | 6.46M | 6.46M | 6.46M | 6.45M | 6.44M | 6.42M | 6.76M | 6.13M | 5.67M | 5.42M | 5.41M | 5.39M | 5.38M | 5.38M | 5.38M | 5.09M |
| EBITDA | -$543K | -$95K | -$544K | -$218K | $55K | $761K | -$17K | -$4K | $599K | -$445K | -$515K | -$993K | -$1.24M | -$296K | -$208K | $311K | $544K | $426K | $67K | $78K | -$121K | -$385K | $203K | $208K | -$159K | -$998K | -$1.94M | -$2.24M | -$3.4M | -$3.35M |
| EBITDA Margin | -9.4% | -1.5% | -8.3% | -3.0% | 0.7% | 10.1% | -0.2% | -0.0% | 6.8% | -5.0% | -5.5% | -10.3% | -11.8% | -2.5% | -1.6% | 2.7% | 4.2% | 3.3% | 0.6% | 0.7% | -1.3% | -4.8% | 2.8% | 3.1% | -3.3% | -33.1% | -96.8% | -142.5% | -258.6% | -239.3% |
Balance Sheet
| Period | FY 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 | 2001-03-31 | 2000-03-31 | 1999-03-31 | 1998-03-31 | 1997-03-31 |
| Assets | ||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $245K | $257K | $43K | $189K | $950K | $1.47M | $385K | $273K | $115K | $45K | $293K | $259K | $1.69M | $126K | $565K | $120K | $114K | $85K | $71K | $436K | $902K | $1.47M | $1.36M | $586K | $501K | $791K | $446K | $1.19M | $2.53M | $527K |
| 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 | $1.73M | $3.17M | $3.67M | $9.63M |
| Cash and Short-Term Investments | $245K | $257K | $43K | $189K | $950K | $1.47M | $385K | $273K | $115K | $45K | $293K | $259K | $1.69M | $126K | $565K | $120K | $114K | $85K | $71K | $436K | $902K | $1.47M | $1.36M | $586K | $501K | $791K | $2.17M | $4.36M | $6.2M | $10.16M |
| Accounts Receivable | $650K | $786K | $891K | $921K | $948K | $1.02M | $881K | $1.01M | $963K | $1.04M | $840K | $965K | $863K | $986K | $1.43M | $1.16M | $1.29M | $1.26M | $1.45M | $1.19M | $942K | $867K | $948K | $960K | $824K | $710K | $286K | $279K | $321K | $155K |
| Inventory | $1.32M | $1.48M | $1.4M | $1.9M | $1.58M | $1.45M | $1.63M | $1.47M | $1.44M | $1.13M | $1.73M | $2.34M | $2.22M | $2.93M | $2.49M | $2.6M | $2.48M | $2.5M | $2.27M | $1.76M | $1.4M | $1.21M | $1.06M | $931K | $857K | $767K | $595K | $439K | $543K | $522K |
| Other Current Assets | $0 | $0 | $90K | $0 | $120K | $0 | $0 | $155K | $25K | $112K | $117K | $110K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $2.3M | $2.61M | $2.43M | $3.13M | $3.6M | $4.1M | $2.96M | $2.91M | $2.61M | $2.33M | $2.98M | $3.67M | $4.84M | $4.11M | $4.51M | $3.96M | $3.92M | $3.89M | $3.89M | $3.64M | $3.32M | $3.65M | $3.43M | $2.52M | $2.24M | $2.3M | $3.08M | $5.15M | $7.13M | $10.95M |
| Long-Term Assets | ||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $1.16M | $813K | $1.15M | $799K | $975K | $1.33M | $1.52M | $250K | $349K | $468K | $561K | $777K | $1.11M | $1.63M | $1.62M | $1.17M | $1.15M | $840K | $798K | $517K | $316K | $316K | $322K | $267K | $25K | $83K | $180K | $145K | $241K | $245K |
| 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 | $172K | $164K | $163K | $181K | $213K | $229K | $249K | $270K | $254K | $253K | $258K | $249K | $238K | $273K | $260K | $266K | $1.26M | $199K | $153K | $153K | $118K | $118K | $130K | $131K | $118K | $122K | $122K | $186K | $138K |
| 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 | $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 | $83K | $73K | $66K | $47K | $34K | $21K | $19K | $20K | $19K | $17K | $16K | $20K | $14K | $9K | $7K | $24K | $24K | $25K | $53K | $81K | $23K | $20K | $12K | $13K | $13K | $46K | $13K | $13K | $11K | $11K |
| Total Long-Term Assets | $1.4M | $1.06M | $1.38M | $1.01M | $1.19M | $1.56M | $1.77M | $518K | $638K | $739K | $830K | $1.05M | $1.37M | $1.88M | $1.9M | $1.45M | $1.44M | $1.08M | $1.05M | $751K | $493K | $454K | $452K | $410K | $169K | $247K | $315K | $280K | $439K | $394K |
| 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 | $3.7M | $3.67M | $3.81M | $4.13M | $4.79M | $5.66M | $4.74M | $3.43M | $3.25M | $3.07M | $3.81M | $4.73M | $6.21M | $5.98M | $6.41M | $5.41M | $5.36M | $4.97M | $4.94M | $4.39M | $3.82M | $4.11M | $3.88M | $2.93M | $2.41M | $2.54M | $3.39M | $5.43M | $7.57M | $11.34M |
| Liabilities | ||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||
| Accounts Payable | $338K | $347K | $346K | $253K | $576K | $389K | $445K | $579K | $466K | $403K | $356K | $675K | $666K | $823K | $1.04M | $674K | $684K | $745K | $537K | $621K | $300K | $533K | $431K | $417K | $274K | $227K | $180K | $144K | $99K | $328K |
| Short-Term Debt | $844K | $440K | $199K | $222K | $21K | $20K | $370K | $0 | $0 | $275K | $387K | $0 | $0 | $0 | $0 | $435K | $0 | $191K | $0 | $0 | $0 | $0 | $16K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $46K | $58K | $30K | $68K | $109K | $35K | $50K | $42K | $17K | $17K | $29K | $50K | $101K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $45K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17K | $503K | $617K | $0 | $0 | $0 | $0 | $351K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $131K | $181K | $120K | $85K | $125K | $186K | $96K | $296K | $162K | $190K | $277K | $293K | $295K | $293K | $283K | $375K | $351K | $367K | $481K | $547K | $557K | $462K | $0 | $0 | $0 | $0 | $10K | $10K | $11K | $27K |
| Total Current Liabilities | $1.41M | $1.58M | $1.22M | $1.13M | $1.28M | $1.18M | $1.41M | $1M | $1.04M | $1.22M | $1.28M | $1.36M | $1.44M | $1.59M | $1.67M | $1.66M | $1.72M | $1.71M | $1.41M | $1.46M | $1.09M | $1.13M | $839K | $927K | $641K | $568K | $478K | $498K | $453K | $965K |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||
| Long-Term Debt | $151K | $177K | $67K | $269K | $206K | $753K | $0 | $0 | $0 | $0 | $0 | $64K | $0 | $0 | $0 | $0 | $350K | $0 | $606K | $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 | $71K | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $75K | $10K | $41K | $71K | $101K | $132K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$690 | $0 | $0 | $0 | $0 | $2K | $5K | $18K |
| Total Long-Term Liabilities | $855K | $444K | $764K | $508K | $770K | $1.68M | $1.15M | $75K | $10K | $41K | $71K | $101K | $186K | $0 | $0 | $0 | $350K | $0 | $606K | $0 | $0 | $0 | $15K | $0 | $0 | $0 | $0 | $2K | $5K | $18K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$350K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.27M | $2.02M | $1.98M | $1.64M | $2.05M | $2.86M | $2.55M | $1.08M | $1.05M | $1.26M | $1.35M | $1.46M | $1.62M | $1.59M | $1.67M | $1.66M | $1.72M | $1.71M | $2.02M | $1.46M | $1.09M | $1.13M | $854K | $927K | $641K | $568K | $478K | $500K | $458K | $982K |
| 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 | $24.92M | $24.42M | $24.37M | $24.35M | $24.27M | $24.27M | $24.23M | $24.2M | $23.82M | $23.75M | $23.68M | $23.61M | $23.55M | $21.57M | $21.3B | $19.78B | $19.68B | $19.56B | $19.39B | $19.2B | $18.92B | $18.82M | $18.29M | $17.27M | $17.25M | $16.95M | $16.94M | $16.94M | $16.94M | $17M |
| Retained Earnings | -$23.48M | -$22.77M | -$22.55M | -$21.85M | -$21.53M | -$21.46M | -$22.05M | -$21.85M | -$21.61M | -$21.95M | -$21.22M | -$20.34M | -$18.96M | -$17.18M | -$16.56M | -$16.03M | -$16.03M | -$16.3M | -$16.46M | -$16.28M | -$16.19M | -$15.85M | -$15.26M | -$15.26M | -$15.48M | -$15.26M | -$14.27M | -$12.3M | -$10.12M | -$6.93M |
| Comprehensive Income & Other | $0 | $0 | $0 | -$0 | $0 | $0 | $0 | $0 | -$2.67M | -$2.69M | -$3.39M | -$3.14M | -$3.55M | -$2.77M | -$2.48M | -$2.22M | -$16.03M | -$1.83M | -$1.62M | -$1.41M | -$1.22M | -$1.09M | -$887K | -$858K | $0 | $290K | -$49K | $0 | $0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $88 | $0 | $0 | $0 | $0 | $0 | -$21.28B | -$19.76B | -$19.66B | -$19.54B | -$19.37B | -$19.18B | -$18.9B | $0 | $0 | $0 | $0 | $290K | $242K | $290K | $290K | $290K |
| Total Equity | $1.43M | $1.65M | $1.83M | $2.5M | $2.75M | $2.8M | $2.18M | $2.35M | $2.2M | $1.8M | $2.46M | $3.27M | $4.59M | $4.39M | $4.74M | $3.75M | $3.64M | $3.26M | $2.93M | $2.92M | $2.73M | $2.97M | $3.03M | $2.01M | $1.77M | $1.98M | $2.91M | $4.93M | $7.11M | $10.36M |
| 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 | $3.7M | $3.67M | $3.81M | $4.13M | $4.79M | $5.66M | $4.74M | $3.43M | $3.25M | $3.07M | $3.81M | $4.73M | $6.21M | $5.98M | $6.41M | $5.41M | $5.36M | $4.97M | $4.94M | $4.39M | $3.82M | $4.11M | $3.88M | $2.93M | $2.41M | $2.54M | $3.39M | $5.43M | $7.57M | $11.34M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Total Debt | $1.7M | $1.31M | $1.33M | $1.08M | $1.15M | $2M | $1.79M | $75K | $10K | $275K | $417K | $165K | $122K | $0 | $0 | $435K | $350K | $191K | $606K | $0 | $0 | $0 | $32K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $1.45M | $1.06M | $1.29M | $894K | $204K | $529K | $1.41M | -$199K | -$105K | $230K | $124K | -$94K | -$1.57M | -$126K | -$565K | $315K | $236K | $106K | $535K | -$436K | -$902K | -$1.47M | -$1.32M | -$586K | -$501K | -$791K | -$446K | -$1.19M | -$2.53M | -$527K |
Cash Flow Statement
| Period | FY 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 | 2001-03-31 | 2000-03-31 | 1999-03-31 | 1998-03-31 | 1997-03-31 |
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | -$719K | -$220K | -$692K | -$324K | -$66K | $585K | -$198K | -$236K | $336K | -$729K | -$880K | -$1.38M | -$1.78M | -$616K | -$531K | $5K | $265K | $160K | -$179K | -$90K | -$338K | -$595K | $5K | $214K | -$216K | -$990K | -$1.97M | -$2.18M | -$3.19M | -$2.9M |
| Depreciation & Amortization | $95K | $81K | $85K | $87K | $113K | $89K | $138K | $182K | $203K | $225K | $319K | $382K | $499K | $318K | $263K | $261K | $238K | $219K | $222K | $210K | $217K | $211K | $194K | $124K | $71K | $121K | $146K | $227K | $188K | $155K |
| Deferred Income Tax | $0 | $0 | $0 | $626K | $0 | -$591K | $0 | $0 | -$13K | $0 | $0 | $0 | $0 | $0 | $537K | $0 | $0 | $0 | $0 | $0 | -$185.33M | -$176.65M | $0 | -$12K | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $46K | $54K | $52K | $41K | $33K | $31K | $37K | $66K | $70K | $75K | $63K | $65K | $60K | $68K | $106K | $125K | $173K | $0 | $0 | $185.33M | $176.65M | $0 | $12K | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||
| Accounts Receivable | $137K | $105K | $30K | $27K | $163K | -$120K | $96K | -$52K | $92K | -$227K | $128K | -$106K | $124K | $449K | -$274K | $130K | -$26K | $195K | $0 | $0 | -$94.78M | $123.98M | $0 | -$147K | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $164K | -$86K | $485K | -$330K | -$105K | $150K | -$142K | -$64K | -$280K | $962K | $437K | -$250K | $196K | -$374K | $58K | -$36K | -$68K | -$224K | -$492K | -$375K | -$199K | -$125K | -$151K | -$83K | -$95K | -$82K | -$175K | $119K | -$59K | $244K |
| Accounts Payable | -$9K | $18K | $93K | -$323K | $187K | $1K | -$134K | $113K | $64K | $47K | -$320K | $9K | -$157K | -$217K | $366K | -$2.48M | -$2.72M | -$1.99M | $0 | $0 | -$232.89M | $102.06M | $0 | $143K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$51K | -$4K | $78K | -$65K | -$206K | $129K | -$41K | -$141K | -$19K | $11K | -$92K | -$288K | $15K | $94K | $146K | $2.3M | $2.55M | $2.18M | -$146K | -$44K | $327.55M | -$225.68M | -$117K | $159K | -$37K | -$387K | $83K | $37K | -$181K | $197K |
| Total Working Capital Change | $242K | $33K | $685K | -$691K | $39K | $160K | -$221K | -$145K | -$143K | $793K | $153K | -$635K | $177K | -$49K | $296K | -$80K | -$261K | $159K | -$638K | -$419K | -$323K | $234K | -$268K | $72K | -$132K | -$470K | -$93K | $156K | -$239K | $441K |
| Other Non-Cash Items | -$2K | $5K | $12K | -$611K | -$571K | -$56K | $21K | $35K | -$29K | -$336K | $168K | $140K | $1.15M | -$30K | -$474K | -$94K | $99K | -$16K | $128K | $183K | $24K | -$68K | $59K | $32K | $0 | -$123K | -$115K | -$125K | -$523K | $24K |
| Net Cash from Operating | -$384K | -$55K | $144K | -$861K | -$444K | $220K | -$229K | -$127K | $420K | $23K | -$166K | -$1.43M | $111K | -$316K | $160K | $196K | $466K | $695K | -$467K | -$117K | -$420K | -$218K | -$10K | $442K | -$276K | -$1.46M | -$2.03M | -$1.92M | -$3.77M | -$2.28M |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditures | -$46K | -$54K | -$12K | -$183K | -$36K | -$45K | -$54K | -$61K | -$100K | -$133K | -$98K | -$62K | -$458K | -$336K | -$725K | -$275K | -$596K | -$278K | -$492K | -$410K | -$246K | -$193K | -$237K | -$344K | -$7K | -$27K | -$180K | -$62K | -$232K | -$245K |
| 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 | $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 | $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 | $1.83M | $4.78M | $8.5M | $10.97M | $11.46M |
| Other Investing Activities | $0 | -$26K | -$25K | -$10K | -$18K | -$15K | -$6K | -$6K | -$43K | -$28K | -$21K | -$32K | -$37K | -$34K | $0 | $0 | $0 | $0 | -$58K | $0 | -$47.32M | -$12K | $0 | -$21K | -$19K | -$2K | -$3.32M | -$7.85M | -$4.81M | -$20.98M |
| Net Cash from Investing | -$46K | -$80K | -$37K | -$183K | -$36K | -$45K | -$54K | -$61K | -$100K | -$133K | -$98K | -$62K | -$458K | -$336K | -$725K | -$275K | -$596K | -$278K | -$550K | -$410K | -$246K | -$205K | -$237K | -$365K | -$26K | $1.8M | $1.29M | $586K | $5.92M | -$9.76M |
| Financing Activities | ||||||||||||||||||||||||||||||
| Debt Repaid | $42K | $45K | $203K | -$23K | $13K | -$1.28M | - | - | - | - | -$323K | -$64K | - | - | - | - | - | $415K | -$606K | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $500K | -$1K | -$30K | $21K | -$32K | $0 | $0 | $350K | $0 | $0 | $0 | $0 | $1.97M | $255K | $1.5M | $0 | $0 | $0 | $46K | $62K | $96K | $539K | $1.06M | $7K | $12K | $4K | $0 | $0 | $0 | $13.44M |
| 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 | $0 | $0 | -$157K | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | -$30K | $21K | $0 | $0 | $0 | -$3K | $25K | -$25K | -$25K | $0 | -$60K | -$42K | -$55K | $0 | $0 | $12K | $0 | $0 | $0 | $0 | -$44K | $0 | $0 | $0 | $0 | $0 | $0 | -$1.4M |
| Net Cash from Financing | $418K | $350K | -$254K | $284K | -$44K | $914K | $370K | $347K | -$250K | -$138K | $298K | $64K | $1.91M | $213K | $1.01M | $85K | $159K | -$404K | $652K | $62K | $96K | $539K | $1.02M | $7K | $12K | $4K | $0 | $0 | -$157K | $12.03M |
| Forex Effect | $0 | $0 | $0 | -$1K | $0 | $0 | $0 | $0 | -$579 | $277 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$12K | $215K | -$146K | -$761K | -$524K | $1.09M | $87K | $159K | $70K | -$248K | $34K | -$1.43M | $1.56M | -$438K | $445K | $6K | $29K | $14K | -$365K | -$465K | -$571K | $116K | $770K | $85K | -$290K | $345K | -$742K | -$1.34M | $2M | -$12K |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Operating Cash Flow | -$384K | -$55K | $144K | -$861K | -$444K | $220K | -$229K | -$127K | $420K | $23K | -$166K | -$1.43M | $111K | -$316K | $160K | $196K | $466K | $695K | -$467K | -$117K | -$420K | -$218K | -$10K | $442K | -$276K | -$1.46M | -$2.03M | -$1.92M | -$3.77M | -$2.28M |
| Capital Expenditure | -$43K | -$80K | -$37K | -$183K | -$36K | -$45K | -$54K | -$61K | -$100K | -$133K | -$98K | -$62K | -$458K | -$336K | -$725K | -$275K | -$596K | -$278K | -$492K | -$410K | -$246K | -$193K | -$237K | -$344K | -$7K | -$27K | -$180K | -$62K | -$232K | -$245K |
| Free Cash Flow | -$428K | -$135K | $108K | -$1.04M | -$480K | $175K | -$283K | -$188K | $320K | -$110K | -$264K | -$1.49M | -$347K | -$651K | -$566K | -$79K | -$130K | $417K | -$959K | -$527K | -$667K | -$411K | -$247K | $98K | -$284K | -$1.49M | -$2.21M | -$1.98M | -$4M | -$2.53M |
| Cash at Beginning | $257K | $43K | $189K | $950K | $1.47M | $385K | $298K | $140K | $45K | $293K | $259K | $1.69M | $126K | $565K | $120K | $114K | $85K | $71K | $436K | $902K | $1.47M | $1.36M | $586K | $501K | $791K | $446K | $1.19M | $2.53M | $527K | $539K |
| Cash at End | $245K | $257K | $43K | $189K | $950K | $1.47M | $385K | $298K | $115K | $45K | $293K | $259K | $1.69M | $126K | $565K | $120K | $114K | $85K | $71K | $436K | $902K | $1.47M | $1.36M | $586K | $501K | $791K | $446K | $1.19M | $2.53M | $527K |