Entree Resources Ltd. (ERLFF)
Entrée Resources Ltd. is an exploration-phase company primarily focused on discovering and developing mineral properties. Its key asset is the Entrée/Oyu Tolgoi joint venture in Mongolia, which encompasses the Hugo North Extension copper-gold porphyry deposit and the Heruga copper-gold-molybdenum porphyry deposit. The company's exploration activities extend to Mongolia, Peru, Australia, and Canada. Established in 1995, the firm was formerly known as Entrée Gold Inc. before adopting its current name in May 2017, and its corporate headquarters are located in Vancouver, Canada.
Sector: Gold and Silver Ores
Industry: Industrial Materials
Entrée Resources Ltd.
OTC:ERLFFBasic Materials · Industrial Materials
-1.59%$1.86
Mkt Cap$368.53M
Float120.8M
O/S198.13M
Inst Own-
SI0.6%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$12.41M
Total Assets$6.38M
Free Cash Flow-$2.29M
Debt & Equity
Total Debt$21.22M
Total Equity-$81.56M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ERLFF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$6.38M
Liabilities$87.94M
Accounts Receivable$136K
Accounts Payable$234K
Inventory$0
PP&E (Net)$1.34M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 | 2002-04-30 | 2001-04-30 | 2000-04-30 | 1999-04-30 | 1998-04-30 | 1997-04-30 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.09M | $0 | $0 | $0 | $0 | $0 | $1 | $1 | $1 | $1 | $1 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -3.7% | -1.4% | -2.1% | -2.2% | - |
| Cost of Revenue | $115K | $112K | $117K | $124K | $118K | $98K | $105K | $22K | $20K | $31K | $43K | $66K | $103K | $151K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | -$115K | -$112K | -$117K | -$124K | -$118K | -$98K | -$105K | -$22K | -$20K | -$31K | -$43K | -$66K | -$103K | -$151K | $0 | $0 | $0 | $0 | $1.09M | $0 | $0 | $0 | $0 | $0 | $1 | $1 | $1 | $1 | $1 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 100.0% | - | - | - | - | - | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| 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 | $0 | $0 | $0 |
| Selling, General, and Administrative | $3.3M | $4.49M | $4.43M | $2.92M | $2.34M | $1.97M | $1.83M | $1.65M | $2.33M | $2.6M | $4.86M | $4.98M | $8.58M | $5.24M | $5.77M | $7.82M | $7.05M | $6.63M | $5.06M | $4.07M | $5.55M | $2.9M | $745K | $0 | $24K | $49K | $38K | $35K | $57K |
| Other | $871K | $0 | $81K | $504K | $502K | $214K | $173K | $162K | $524K | $1.85M | $5.16M | $9.05M | $6.1M | $8.23M | $17.88M | $12.03M | $298K | $20K | $6.73M | $6.29M | $8.46M | $24K | $7K | -$22K | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $4.17M | $4.49M | $4.52M | $3.43M | $2.84M | $2.18M | $2M | $1.81M | $2.86M | $4.46M | $10.02M | $14.04M | $14.68M | $13.47M | $23.64M | $19.85M | $7.34M | $6.65M | $11.8M | $10.36M | $14.01M | $2.92M | $753K | -$22K | $24K | $49K | $38K | $35K | $57K |
| Operating Income (EBIT) | -$4.28M | -$4.6M | -$4.63M | -$3.55M | -$2.96M | -$2.28M | -$2.11M | -$1.83M | -$3.09M | -$4.8M | -$7.14M | -$12.65M | -$13.66M | -$13.82M | -$23.09M | -$19.87M | -$17.33M | -$17.01M | -$10.71M | -$10.36M | -$14.01M | -$2.92M | -$753K | -$22K | -$235K | -$49K | -$38K | -$35K | -$57K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -981.5% | - | - | - | - | - | -36078790.3% | -7197904.1% | -5587099.1% | -5070203.2% | -7926095.4% |
| Interest Expense | $670K | $496K | $460K | $369K | $365K | $338K | $319K | $196K | $287K | $279K | $412 | $265K | $260K | $229K | -$5.55M | $791K | $9.99M | $10.24M | $0 | $19K | -$2K | $2.7M | $1.23M | -$22K | $211K | $0 | $0 | $0 | $0 |
| Interest Income | $185K | $203K | $339K | $147K | $25K | $80K | $137K | $111K | $116K | $102K | $0 | $295K | $432K | $190K | $190K | $243K | $398K | $1.98M | $1.09M | $722K | $314K | $98K | $20K | $0 | $6K | $4K | $8K | $8K | $1K |
| Other Income (Expense) | -$8.13M | -$9.03M | -$5.12M | -$5.51M | -$4.59M | -$3.84M | -$3.42M | -$3.36M | -$217K | -$748K | $5.3M | $616K | $722K | -$1.11M | $1.74M | -$1.5M | -$1.27M | -$1.82M | -$2.16M | -$19K | -$195K | -$2.61M | $0 | $0 | -$211K | $0 | $0 | $0 | $35K |
| Income Before Tax (EBT) | -$12.41M | -$13.63M | -$9.75M | -$9.06M | -$7.55M | -$6.12M | -$5.52M | -$5.2M | -$3.1M | -$5.22M | -$7.67M | -$12.73M | -$13.48M | -$14.87M | -$21.97M | -$20.61M | $0 | -$18.84M | -$11.83M | -$10.38M | -$14.01M | -$2.93M | -$753K | $0 | -$446K | $0 | $0 | $0 | $0 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7K | -$72K | -$553K | $160K | -$4.06M | -$2.06M | $330K | -$4.83M | -$545K | -$228K | $1.3M | $2.26M | -$684K | -$317K | -$91K | $2.43M | $22K | -$6K | -$4K | -$8K | -$8K | -$1K |
| Net Income | -$12.41M | -$13.63M | -$9.75M | -$9.06M | -$7.55M | -$6.15M | -$5.57M | -$5.2M | -$3.2M | -$4.66M | -$7.83M | -$8.67M | -$11.42M | -$15.2M | -$17.14M | -$20.07M | -$17.1M | -$16.73M | -$11.83M | -$9.66M | -$13.69M | -$5.53M | -$1.96M | -$22K | -$229K | -$44K | -$31K | -$28K | -$55K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1084.9% | - | - | - | - | - | -35216990.5% | -6534403.7% | -4463699.2% | -3997202.5% | -7757195.5% |
| Supplementary Data | |||||||||||||||||||||||||||||
| EPS | -0.06 | -0.07 | -0.05 | -0.04 | -0.04 | -0.03 | -0.03 | -0.03 | -0.02 | -0.03 | -0.05 | -0.06 | -0.08 | -0.12 | -0.15 | -0.19 | -0.18 | -0.17 | -0.16 | -0.14 | -0.23 | -0.13 | -0.08 | -0.01 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.06 | -0.07 | -0.05 | -0.04 | -0.04 | -0.03 | -0.03 | -0.03 | -0.02 | -0.03 | -0.05 | -0.06 | -0.08 | -0.12 | -0.15 | -0.19 | -0.18 | -0.17 | -0.16 | -0.14 | -0.23 | -0.12 | -0.08 | -0.01 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 |
| Weighted Average OS | 207.41M | 203.53M | 199.54M | 197.12M | 188.66M | 178.61M | 174.91M | 174.34M | 172.26M | 151.93M | 147.04M | 146.88M | 143.85M | 128.65M | 115.98M | 105.81M | 94.67M | 97.07M | 74.78M | 70.54M | 60.28M | 43.25M | 25.41M | 1.74M | 17.61M | 86.59M | 86.59M | 86.59M | 387.86M |
| EBITDA | -$4.17M | -$10.11M | -$8.51M | -$7.68M | -$6.76M | -$5.65M | -$4.91M | -$4.62M | -$2.86M | -$4.85M | -$6.65M | -$11.72M | -$12.58M | -$14.54M | -$21.16M | -$21.16M | -$18.44M | -$14.34M | -$10.49M | -$9.21M | -$14.01M | -$5.63M | $482K | -$22K | $188K | -$24K | -$49K | -$38K | -$35K |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -962.0% | - | - | - | - | - | 28812171.4% | -3500558.9% | -7098941.0% | -5471714.1% | -4957778.2% |
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 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 |
| 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 | 2001-04-30 | 2000-04-30 | 1999-04-30 | 1998-04-30 | 1997-04-30 |
| Assets | ||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $4.32M | $2.38M | $6.09M | $6.41M | $7.09M | $7.26M | $5.38M | $6.15M | $7.07M | $13.39M | $22.79M | $33.52M | $46.7M | $4.26M | $14.51M | $21.3M | $40.36M | $45.21M | $67.11M | $14.26M | $21.69M | $6.06M | $5.44M | $135K | $160K | $4K | $8K | $54K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $912K | $0 | $0 | $0 | $0 | $0 | $0 | $4.92M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $164K | $191K | $250K |
| Cash and Short-Term Investments | $4.32M | $2.38M | $6.09M | $6.41M | $7.09M | $7.26M | $5.38M | $7.07M | $7.07M | $13.39M | $22.79M | $33.52M | $46.7M | $4.26M | $19.43M | $21.3M | $40.36M | $45.21M | $67.11M | $14.26M | $21.69M | $6.06M | $5.44M | $135K | $160K | $168K | $198K | $304K |
| Accounts Receivable | $136K | $0 | $176K | $158K | $157K | $130K | $122K | $68K | $382K | $35K | $0 | $134K | $203K | $224K | $425K | $309K | $864K | $622K | $616K | $246K | $311K | $100K | $79K | $1K | $1K | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | -$158K | -$157K | -$130K | $158K | -$68K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $63K | $0 | -$0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $12K | $341K | $0 | $170K | $169K | $130K | -$158K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $35K | $2K | $2K | $1K | $10K | $0 |
| Total Current Assets | $4.58M | $2.86M | $6.44M | $6.67M | $7.41M | $7.55M | $5.66M | $7.13M | $7.45M | $13.7M | $23.19M | $34.51M | $47.66M | $5.26M | $20.81M | $22.75M | $42.04M | $46.1M | $68.2M | $14.67M | $22.17M | $6.22M | $5.55M | $139K | $162K | $168K | $208K | $304K |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $1.34M | $445K | $419K | $523K | $128K | $220K | $316K | $87K | $644K | $38.94M | $37.82M | $44.6M | $49.1M | $58.16M | $53.43M | $52.74M | $1.06M | $672K | $842K | $845K | $743K | $139K | $11.01M | $0 | $219K | $154K | $148K | $146K |
| 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 |
| 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 | $0 |
| Long-Term Investments | $459K | $386K | $360K | $295K | $239K | $177K | $114K | $199K | $151K | $146K | $479K | $0 | $0 | $0 | $98K | $5.68M | $2.26M | $1.33M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.48M | $3.19M | $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 | $12K | $12K | $12K | $12K | $490K | $644K | $586K | $644K | $758K | $249K | $185K | $445K | $0 | $3.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $1.8M | $831K | $779K | $818K | $367K | $409K | $442K | $298K | $807K | $39.58M | $38.47M | $45.18M | $49.74M | $58.91M | $53.78M | $58.61M | $3.77M | $2M | $3.87M | $845K | $743K | $139K | $11.01M | $0 | $219K | $154K | $148K | $146K |
| 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 |
| Total Assets | $6.38M | $3.69M | $7.21M | $7.49M | $7.78M | $7.96M | $6.1M | $7.43M | $8.26M | $53.28M | $61.66M | $79.69M | $97.4M | $64.17M | $74.59M | $81.36M | $45.8M | $48.11M | $72.07M | $15.51M | $22.91M | $6.36M | $16.56M | $139K | $381K | $322K | $356K | $450K |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $234K | $105K | $159K | $197K | $71K | $124K | $0 | $146 | $247 | $225 | $1K | $2K | $1K | $560 | $0 | $0 | $0 | $622K | $604K | $356K | $502K | $199K | $129K | $3K | $3K | $2K | $9K | $5K |
| Short-Term Debt | $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 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 |
| Current Unearned Revenue | $0 | $0 | -$158 | -$227 | -$71 | -$124 | -$72 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$719 | $40K | $158 | $227 | $71 | $124 | $72K | $200K | $0 | $230K | $261 | $0 | $0 | $0 | $1.8M | $1.48M | $1.16M | $0 | $0 | $0 | $0 | -$199K | $0 | $0 | -$694 | $7K | -$4K | $57K |
| Total Current Liabilities | $394K | $249K | $313K | $327K | $200K | $232K | $175K | $346K | $247K | $455K | $1.35M | $1.9M | $1.26M | $560K | $1.8M | $1.48M | $1.16M | $942K | $604K | $356K | $502K | $199K | $129K | $3K | $2K | $9K | $5K | $62K |
| Long-Term Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | $20.96M | $15.92M | $12.29M | $11.14M | $10.26M | $9.62M | $9.04M | $8.38M | $7.84M | $7.33M | $6.82M | $6.36M | $5.98M | $5.56M | $4.33M | $1.78M | $676K | $326K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $66.44M | $58.54M | $58.57M | $53.11M | $52.42M | $48.22M | $43.67M | $38.41M | $24.66M | $22.99M | $28.92M | $34.51M | $37.64M | $6K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $298K | $11K | $10K | $10K | $9K | -$46.79M | -$25K | $3.02M | $3.57M | $3.41M | $7.34M | $9.72M | $9.39M | $14.37M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $44K | $0 | $0 | $120 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $87.55M | $74.71M | $71.52M | $64.7M | $62.68M | $57.94M | $52.91M | $46.84M | $32.5M | $33.34M | $39.32M | $44.27M | $50.96M | $15.29M | $13.72M | $16.16M | $676K | $326K | $604K | $356K | $502K | $199K | $129K | $3K | $2K | $9K | $5K | $62K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$604K | -$356K | -$502K | -$199K | -$129K | -$3K | -$2K | -$9K | -$5K | -$62K |
| Total Liabilities | $87.94M | $74.96M | $71.83M | $65.03M | $62.88M | $58.17M | $53.08M | $47.18M | $32.75M | $33.79M | $40.67M | $46.17M | $52.22M | $15.85M | $15.52M | $17.64M | $1.84M | $1.27M | $604K | $356K | $502K | $199K | $129K | $3K | $2K | $9K | $5K | $62K |
| 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 |
| Common Stock | $190.99M | $187.13M | $186.77M | $182.67M | $179.51M | $176.22M | $173.09M | $172.96M | $139.69M | $178.74M | $177.21M | $177.14M | $177.07M | $167.43M | $0 | $0 | $0 | $111.99M | $0 | $0 | $45.42M | $20.69M | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$300.28M | -$288.46M | -$274.31M | -$264.73M | -$255.67M | -$248.11M | -$242.11M | -$236.59M | -$191.58M | -$173.61M | -$168.95M | -$161.12M | -$152.45M | -$141.03M | -$125.83M | -$108.69M | -$88.62M | -$71.52M | -$5.49M | -$42.96M | -$33.3M | -$19.61M | -$2.92M | -$400K | -$178K | -$135K | -$107K | -$81K |
| Comprehensive Income & Other | $27.72M | $30.07M | $22.91M | $24.53M | $21.05M | $21.68M | $22.04M | $23.89M | $5.23M | -$7.06M | -$7.78M | -$2.85M | $466K | $3.25M | $1.9M | $5.75M | $83K | -$7.41M | $5.07M | $1.53M | $1.28M | $180K | $2.14M | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $27.72M | $30.07M | $22.91M | $24.53M | $21.05M | $21.68M | $22.04M | $23.89M | $27.41M | $14.36M | $12.74M | $17.5M | $20.56M | $21.93M | $184.9M | $172.41M | $132.59M | $6.36M | $76.96M | $58.11M | $10.28M | $5.08M | $19.35M | $536K | $556K | $448K | $458K | $468K |
| Total Equity | -$81.56M | -$71.26M | -$64.62M | -$57.53M | -$55.1M | -$50.21M | -$46.98M | -$39.75M | -$24.49M | $19.49M | $21M | $33.52M | $45.18M | $48.33M | $59.07M | $63.72M | $43.97M | $46.84M | $71.47M | $15.15M | $22.41M | $6.16M | $16.43M | $136K | $379K | $313K | $351K | $387K |
| 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 |
| Total Liabilities and Equity | $6.38M | $3.69M | $7.21M | $7.49M | $7.78M | $7.96M | $6.1M | $7.43M | $8.26M | $53.28M | $61.66M | $79.69M | $97.4M | $64.17M | $74.59M | $81.36M | $45.8M | $48.11M | $72.07M | $15.51M | $22.91M | $6.36M | $16.56M | $139K | $381K | $322K | $356K | $450K |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $21.22M | $16.27M | $12.76M | $11.69M | $10.36M | $9.82M | $9.34M | $8.38M | $7.84M | $7.33M | $6.82M | $6.36M | $5.98M | $5.56M | $4.33M | $1.78M | $676K | $326K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $16.9M | $13.9M | $6.67M | $5.28M | $3.27M | $2.56M | $3.96M | $2.23M | $773K | -$6.06M | -$15.96M | -$27.16M | -$40.72M | $1.31M | -$10.18M | -$19.51M | -$39.68M | -$44.89M | -$67.11M | -$14.26M | -$21.69M | -$6.06M | -$5.44M | -$135K | -$160K | -$4K | -$8K | -$54K |
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 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 |
| 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 | 2001-04-30 | 2000-04-30 | 1999-04-30 | 1998-04-30 | 1997-04-30 |
| Operating Activities | ||||||||||||||||||||||||||||
| Net Income | -$12.41M | -$13.63M | -$9.58M | -$9.06M | -$7.55M | -$6M | -$5.52M | -$5.2M | -$3.02M | -$4.66M | -$7.83M | -$8.67M | -$11.42M | -$15.2M | -$17.14M | -$20.07M | -$17.1M | -$16.73M | -$11.83M | -$9.66M | -$13.69M | -$5.53M | -$1.96M | -$229K | -$44K | -$31K | -$28K | -$55K |
| Depreciation & Amortization | $115K | $112K | $115K | $124K | $118K | $98K | $105K | $22K | $20K | $31K | $43K | $66K | $103K | $151K | $196K | $203K | $156K | $147K | $213K | $201K | $126K | $24K | $7K | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $187K | $16K | -$26K | $144K | -$72K | -$553K | $160K | -$3.93M | -$2.38M | $330K | -$4.98M | -$545K | $192K | $1.76M | $0 | $0 | $0 | -$1.53M | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $1.04M | $997K | $735K | $538K | $340K | $506K | $678K | $489K | $197K | $251K | $1.42M | $1.21M | $991K | $2.9M | $4.18M | $3.67M | $0 | $0 | $0 | $1.53M | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||
| Accounts Receivable | $196K | -$146K | -$18K | -$960 | -$27K | -$8K | -$54K | $333K | -$351K | $113K | $15K | $55K | $6K | $209K | $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 | -$784.28M | -$719.86M | $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 | $784.89M | $760.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $69K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $140K | -$51K | -$29K | $126K | -$25K | $53K | -$260K | $133K | -$105K | -$6.44M | $172K | $35K | -$4K | -$1.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$49K | $0 | $0 | $0 | $0 | -$66K | $42K |
| Total Working Capital Change | $337K | -$197K | -$47K | $125K | -$52K | $45K | -$314K | $466K | -$456K | -$6.33M | $188K | $700K | $40.74M | -$806K | $477K | $534K | -$791K | $513K | -$394K | -$75K | -$14K | $21K | -$40K | -$1K | -$7K | $13K | -$66K | $42K |
| Other Non-Cash Items | $9.68M | $10.36M | $5.38M | $5.5M | $4.42M | $3.81M | $3.6M | $3.28M | -$143K | $819K | -$2.58M | -$1.03M | -$483K | $1.51M | -$1.93M | $1.01M | $22K | $124K | $2.77M | $1.04M | $4.64M | $2.07M | $1.57M | $211K | -$0 | $0 | -$0 | -$0 |
| Net Cash from Operating | -$2.29M | -$3.36M | -$3.1M | -$2.31M | -$2.15M | -$1.5M | -$1.82M | -$777K | -$3M | -$10.21M | -$9.82M | -$12.62M | $27.98M | -$12.8M | -$22.39M | -$15.97M | -$13.34M | -$10.51M | -$9.25M | -$8.49M | -$8.94M | -$3.42M | -$418K | -$19K | -$52K | -$17K | -$94K | -$14K |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | -$33K | $0 | $0 | -$126K | -$100K | -$6K | -$512K | -$113K | -$58K | -$3.95M | -$1M | -$439K | -$180K | -$256K | -$80K | -$303K | -$730K | -$126K | -$6.28M | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16K | $0 | $0 | $0 | $0 | $1.49M | -$6.55M | -$77K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3K | $0 | $0 | $0 | -$5.08M | $0 | $0 | -$367K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $1.03M | $0 | $0 | $24K | $0 | $0 | $0 | $5.08M | $5.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$120 | -$8.84M | $40K | -$4K | $45K | $5.57M | -$103K | -$62K | $0 | -$70K | $0 | $0 | $0 | $0 | -$126K | $22K | $0 | -$68K | -$9K | -$5K | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | -$33K | $0 | $1.03M | -$126K | -$8.94M | $34K | -$516K | -$68K | $5.51M | $1.03M | $1.09M | -$6.99M | -$326K | -$623K | -$80K | -$303K | -$730K | -$126K | -$6.26M | $0 | -$68K | -$9K | -$5K | $0 |
| Financing Activities | ||||||||||||||||||||||||||||
| Debt Repaid | $128K | $122K | $127K | $71K | $88K | $118K | $80K | - | - | - | - | - | - | - | - | - | - | -$376K | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $4.25M | $228K | $2.88M | $1.86M | $2.06M | $3.31M | $47K | $157K | $5.04M | $53K | $41K | $0 | $9.72M | $1.63M | $14.68M | $2.7M | $2.28M | $856K | $64.82M | $1.11M | $24.72M | $4.04M | $12.48M | $0 | $114K | $114K | $0 | $266K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.07M | -$147K | $0 | -$7K | $0 | $0 | $0 | $0 | -$876K | $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 |
| Other Financing Activities | -$2K | $6K | -$52K | $77K | $18K | $35K | -$1K | $165K | $199K | $612K | $41K | $0 | -$87K | -$108K | -$1.45M | -$93K | $200K | $115K | -$6.01M | -$28K | -$522K | -$21K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $4.12M | $111K | $2.7M | $1.86M | $1.99M | $3.23M | -$34K | $165K | $5.24M | $612K | $41K | $0 | $9.64M | $1.52M | $13.62M | $2.55M | $2.28M | $1.23M | $58.81M | $1.11M | $24.2M | $4.02M | $11.6M | $0 | $114K | $0 | $0 | $266K |
| Forex Effect | $109K | -$434K | $78K | -$231K | $21K | $146K | $41K | -$176K | $508K | $165K | -$435K | -$499K | -$679K | -$3K | $900K | $1.34M | $6.53M | -$11.98M | $3.37M | $254K | $1.1M | $133K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $1.94M | -$3.68M | -$318K | -$681K | -$170K | $1.88M | -$774K | -$914K | -$6.19M | -$9.39M | -$10.73M | -$13.18M | $42.45M | -$10.26M | -$6.78M | -$19.06M | -$4.85M | -$21.89M | $52.85M | -$7.43M | $15.63M | $605K | $4.92M | -$19K | -$5K | -$27K | -$99K | $252K |
| Supplementary Data | ||||||||||||||||||||||||||||
| Operating Cash Flow | -$2.29M | -$3.36M | -$3.1M | -$2.31M | -$2.15M | -$1.5M | -$1.82M | -$777K | -$3M | -$10.21M | -$9.82M | -$12.62M | $27.98M | -$12.8M | -$22.39M | -$15.97M | -$13.34M | -$10.51M | -$9.25M | -$8.49M | -$8.94M | -$3.42M | -$418K | -$19K | -$52K | -$17K | -$94K | -$14K |
| Capital Expenditure | $0 | $3 | $0 | $0 | -$33K | $0 | $0 | -$126K | -$100K | -$6K | -$512K | -$113K | -$58K | -$3.95M | -$1M | -$439K | -$180K | -$256K | -$80K | -$303K | -$730K | -$126K | -$6.28M | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$2.29M | -$3.36M | -$3.1M | -$2.31M | -$2.19M | -$1.5M | -$1.82M | -$903K | -$3.1M | -$10.21M | -$10.33M | -$12.73M | $27.92M | -$16.75M | -$23.39M | -$16.41M | -$13.52M | -$10.77M | -$9.33M | -$8.79M | -$9.67M | -$3.54M | -$6.7M | -$19K | -$52K | -$17K | -$94K | -$14K |
| Cash at Beginning | $2.38M | $6.06M | $6.41M | $7.09M | $7.26M | $5.38M | $6.15M | $7.07M | $13.26M | $22.79M | $33.52M | $46.7M | $4.26M | $14.51M | $21.3M | $40.36M | $45.21M | $67.11M | $14.26M | $21.69M | $6.06M | $5.46M | $513K | $155K | $165K | $194K | $297K | $52K |
| Cash at End | $4.32M | $2.38M | $6.09M | $6.41M | $7.09M | $7.26M | $5.38M | $6.15M | $7.07M | $13.39M | $22.79M | $33.52M | $46.7M | $4.26M | $14.51M | $21.3M | $40.36M | $45.21M | $67.11M | $14.26M | $21.69M | $6.06M | $5.44M | $135K | $160K | $168K | $198K | $304K |