ES Bancshares, Inc. (ESBS)
ES Bancshares, Inc., through its subsidiary Empire State Bank, delivers a comprehensive suite of commercial banking solutions and offerings across New York. Its deposit portfolio encompasses a range of options such as personal and business checking accounts, money market accounts, savings accounts for both individuals and businesses, individual retirement accounts (IRAs), and certificates of deposit (CDs). The bank also extends various lending products, including Small Business Administration (SBA) loans and credit lines, term loans for businesses, commercial letters of credit, commercial real estate financing, and home mortgages for properties with one to four units. Furthermore, clients can access a variety of supplementary services such as debit cards, direct deposit, automated loan payments and transfers, consolidated statements, remote check deposit, cash and escrow management, wire transfers, night depository facilities, and both online and phone banking functionalities. Established in 2004, ES Bancshares, Inc. maintains its corporate headquarters in Newburgh, New York.
Sector: Banks - Regional
Industry: Banks - Regional
ES Bancshares, Inc.
OTC:ESBSFinancial Services · Banks - Regional
-1.18%$8.40
Mkt Cap$57.84M
Float6.64M
O/S6.89M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$33.88M
Net Income$2.88M
Total Assets$616.28M
Free Cash Flow$6.47M
Debt & Equity
Debt 53%
Equity 47%
Total Debt$56.46M
Total Equity$50.83M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ESBS's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$616.28M
Liabilities$568.72M
Accounts Receivable$2.65M
Accounts Payable$0
Inventory$0
PP&E (Net)$9.15M
Goodwill$581K
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 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2004-12-31 |
| Revenue | $33.88M | $15.36M | $29.29M | $22.6M | $21.82M | $19.57M | $18.9M | $15.95M | $11.93M | $10.24M | $7.63M | $6.81M | $5.34M | $8.92M | $9.19M | $8.96M | $7.33M | $6.86M | $5.06M | $331K |
| YoY Growth | 120.5% | -47.5% | 29.6% | 3.6% | 11.5% | 3.6% | 18.5% | 33.7% | 16.5% | 34.1% | 12.0% | 27.5% | -40.1% | -2.9% | 2.5% | 22.4% | 6.9% | 35.5% | 1428.7% | - |
| Cost of Revenue | $15.03M | $17.49M | $12.34M | $3.76M | $3.35M | $7.21M | $6.83M | $5.99M | $4.2M | $0 | $0 | $0 | $0 | $3.27M | $3.51M | $4.54M | $3.52M | $3.61M | $2.98M | $97K |
| Gross Profit | $18.84M | $15.36M | $16.95M | $18.84M | $18.48M | $12.36M | $12.07M | $9.96M | $7.73M | $10.24M | $7.63M | $6.81M | $5.34M | $5.65M | $5.68M | $4.43M | $3.81M | $3.24M | $2.08M | $234K |
| Gross Margin | 55.6% | 100.0% | 57.9% | 83.4% | 84.7% | 63.2% | 63.9% | 62.4% | 64.8% | 100.0% | 100.0% | 100.0% | 100.0% | 63.4% | 61.8% | 49.4% | 51.9% | 47.3% | 41.0% | 70.7% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $8.15M | $11.92M | $8.28M | $7.92M | $8.07M | $6.61M | $6.46M | $5.98M | $4.83M | $6M | $5.97M | $5.28M | $4.83M | $3.65M | $3.36M | $2.9M | $2.75M | $2.04M | $1.81M | $910K |
| Other | $6.83M | $5.95M | $6.76M | $4.13M | $4.49M | $4.18M | $3.5M | $2.83M | $628K | -$2.05M | $0 | $0 | $0 | $2.01M | $1.96M | $2.75M | $2.99M | $1.2M | $266K | -$676K |
| Total Operating Expenses | $14.98M | $11.92M | $15.04M | $12.05M | $12.56M | $10.79M | $9.96M | $8.81M | $5.46M | $2.05M | $7.44M | $6.22M | $5.76M | $5.66M | $5.32M | $5.66M | $5.74M | $3.24M | $2.08M | $234K |
| Operating Income (EBIT) | $3.86M | $1.4M | $1.91M | $6.8M | $5.91M | $1.57M | $2.11M | $1.15M | $2.27M | $1.32M | $905K | $726K | -$288K | -$4K | $358K | -$1.23M | -$1.93M | $0 | $0 | $0 |
| Operating Margin | 11.4% | 9.1% | 6.5% | 30.1% | 27.1% | 8.0% | 11.1% | 7.2% | 19.1% | 12.9% | 11.9% | 10.7% | -5.4% | -0.0% | 3.9% | -13.7% | -26.4% | - | - | - |
| Interest Expense | $15.07M | $17.48M | $12.32M | $3.84M | $2.68M | $4.43M | $6.5M | $4.13M | $2.21M | $0 | $0 | $0 | $0 | $2.33M | $2.9M | $3.36M | $3.28M | $3.57M | $2.51M | $65K |
| Interest Income | $31.68M | $31.57M | $28.21M | $21.21M | $20.56M | $18.79M | $17.91M | $14.76M | $10.75M | $0 | $0 | $0 | $0 | $7.54M | $7.83M | $7.51M | $6.63M | $6.26M | $4.65M | $246K |
| Other Income (Expense) | -$3K | $245K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$318K | -$711K | -$129K | -$925K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $3.86M | $1.64M | $1.91M | $6.8M | $5.91M | $1.57M | $2.11M | $1.15M | $2.27M | $1M | $194K | $597K | -$414K | -$4K | $358K | -$1.23M | -$1.93M | $0 | $0 | $0 |
| Income Tax Expense | $984K | $539K | $440K | $1.55M | $1.28M | $369K | $512K | $272K | $1.29M | $329K | $145K | -$2.3M | $109K | -$51K | -$130K | $0 | $0 | $0 | $0 | $0 |
| Net Income | $2.88M | $1.1M | $1.47M | $5.25M | $4.63M | $1.21M | $1.59M | $879K | $986K | $672K | $49K | $2.9M | -$523K | $47K | $488K | -$1.23M | -$1.93M | -$708K | -$1.43M | -$1.88M |
| Net Income Margin | 8.5% | 7.2% | 5.0% | 23.2% | 21.2% | 6.2% | 8.4% | 5.5% | 8.3% | 6.6% | 0.6% | 42.5% | -9.8% | 0.5% | 5.3% | -13.7% | -26.4% | -10.3% | -28.2% | -568.9% |
| Supplementary Data | ||||||||||||||||||||
| EPS | 0.42 | 0.16 | 0.22 | 0.79 | 0.70 | 0.18 | 0.24 | 0.21 | 0.26 | 0.20 | 0.01 | 0.87 | -0.16 | 0.02 | 0.23 | -0.64 | -1.09 | -0.41 | -0.83 | -1.10 |
| Diluted EPS | 0.42 | 0.16 | 0.22 | 0.78 | 0.69 | 0.17 | 0.24 | 0.21 | 0.26 | 0.20 | 0.01 | 0.87 | -0.16 | 0.02 | 0.23 | -0.64 | -1.09 | -0.41 | -0.83 | -1.10 |
| Weighted Average OS | 6.93M | 6.86M | 6.71M | 6.68M | 6.65M | 6.65M | 6.65M | 4.12M | 3.86M | 3.31M | 3.31M | 3.31M | 3.31M | 2.27M | 2.08M | 1.93M | 1.77M | 1.72M | 1.72M | 1.71M |
| EBITDA | $5.55M | $1.4M | $3.86M | $8.5M | $6.67M | $2.17M | $2.68M | $1.51M | $2.56M | $1.68M | $475K | $778K | $1.39M | $187K | $601K | -$977K | -$1.62M | $231K | $195K | $72K |
| EBITDA Margin | 16.4% | 9.1% | 13.2% | 37.6% | 30.6% | 11.1% | 14.2% | 9.5% | 21.5% | 16.4% | 6.2% | 11.4% | 26.1% | 2.1% | 6.5% | -10.9% | -22.2% | 3.4% | 3.9% | 21.8% |
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 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2004-12-31 |
| Assets | ||||||||||||||||||||
| Current Assets | ||||||||||||||||||||
| Cash and Cash Equivalents | $36.65M | $26.71M | $32.73M | $38.12M | $59.08M | $62.53M | $25.27M | $19.92M | $15.74M | $10.77M | $4.74M | $22.72M | $4.3M | $8.67M | $15.14M | $13.47M | $19.08M | $2.02M | $2.73M | $1.08M |
| Short-Term Investments | $0 | $0 | $8.18M | $8.78M | $3.93M | $6.46M | $3.3M | $3.85M | $4.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $36.65M | $41.99M | $40.9M | $46.9M | $63.01M | $69M | $28.58M | $23.78M | $20.14M | $10.77M | $4.74M | $22.72M | $4.3M | $8.67M | $15.14M | $13.47M | $19.08M | $2.02M | $2.73M | $1.08M |
| Accounts Receivable | $2.65M | $2.63M | $2.63M | $2.02M | $1.83M | $2.42M | $1.48M | $1.42M | $993K | $0 | $0 | $0 | $0 | $582K | $608K | $627K | $603K | $515K | $515K | $66K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $29.34M | -$8.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $39.29M | $29.34M | $35.35M | $48.92M | $64.84M | $71.42M | $30.06M | $25.2M | $21.14M | $11.85M | $4.74M | $22.72M | $4.3M | $9.53M | $16.29M | $14.91M | $19.68M | $2.54M | $3.25M | $1.14M |
| Long-Term Assets | ||||||||||||||||||||
| Property, Plant & Equipment Net | $9.15M | $10.74M | $12.02M | $13.08M | $11.99M | $10.62M | $7.35M | $4.55M | $2.96M | $3.15M | $3.24M | $3.33M | $2.29M | $2.03M | $485K | $648K | $757K | $838K | $741K | $991K |
| Goodwill | $581K | $581K | $581K | $581K | $581K | $581K | $581K | $581K | $581K | $581K | $581K | $581K | $581K | $581K | $581K | $581K | $581K | $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 |
| Long-Term Investments | $560.35M | $566.39M | $5.19M | $513.99M | $429.5M | $428.96M | $377.92M | $366.32M | $258.98M | $7.7M | $0 | $0 | $0 | $146.04M | $141.73M | $134.41M | $123.13M | $84.63M | $76.39M | $17.16M |
| Deferred Tax Assets | $0 | $4.11M | $563.92M | $0 | $0 | $0 | $0 | $432K | $678K | $2.77M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $6.91M | $621.19M | $21.69M | $11.28M | $8.41M | $4.19M | $4.91M | $5.83M | $4.28M | $211.72M | $187.46M | $161.15M | $141.9M | $2.67M | $1.73M | $6.4M | $1.11M | $5.33M | $12.07M | $10.59M |
| Total Long-Term Assets | $576.98M | $636.62M | $603.4M | $538.94M | $450.48M | $444.35M | $390.76M | $377.71M | $267.49M | $225.93M | $191.28M | $165.07M | $144.77M | $151.32M | $144.52M | $142.04M | $125.58M | $91.38M | $89.79M | $29.33M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $616.28M | $640.5M | $638.75M | $587.86M | $515.32M | $515.77M | $420.82M | $402.91M | $288.62M | $237.77M | $196.02M | $187.79M | $149.06M | $160.85M | $160.81M | $156.95M | $145.27M | $93.92M | $93.04M | $30.47M |
| Liabilities | ||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $184K | $353K | $185K | $203K | $130K | $0 | $0 | $0 | $0 | $133K | $141K | $151K | $205K | $0 | $0 | $0 |
| Short-Term Debt | $0 | $11.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.3M | $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 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $14.04M | $149.01M | $319.92M | $449.8M | $433.69M | $375.02M | $327.86M | $297.26M | $217.22M | $104.04M | -$53K | -$58K | -$52K | $139.09M | $138.22M | $135.35M | $124.76M | $82.34M | $81.47M | $16.44M |
| Total Current Liabilities | $14.04M | $160.02M | $319.92M | $449.8M | $433.87M | $375.37M | $328.05M | $297.46M | $217.35M | $110.42M | $53K | $58K | $52K | $139.23M | $138.5M | $135.65M | $124.97M | $82.34M | $81.47M | $16.44M |
| Long-Term Liabilities | ||||||||||||||||||||
| Long-Term Debt | $51.15M | $51.87M | $84.51M | $78.57M | $28.8M | $90.66M | $51.5M | $77.5M | $48.5M | $12.25M | $20.43M | $19M | $5M | $9.49M | $10.36M | $10.12M | $10.07M | $89K | $53K | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $101.55M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $3.77M | $0 | $0 | $646K | $274K | $36K | $0 | $0 | $915K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $508.99M | $527.2M | $181.78M | $8.4M | $7M | $8.47M | $5.2M | $6.09M | $3.08M | $98.2M | $160.26M | $153.48M | $131.72M | $1.2M | $1.17M | $1.69M | $994K | $1.1M | $570K | $179K |
| Total Long-Term Liabilities | $565.45M | $589.07M | $272.96M | $94.06M | $42.2M | $105.7M | $59.55M | $83.59M | $51.58M | $111.37M | $180.63M | $172.42M | $136.67M | $10.69M | $11.53M | $11.82M | $11.07M | $1.19M | $623K | $179K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $568.72M | $592.95M | $592.89M | $543.85M | $476.07M | $481.07M | $387.6M | $381.06M | $268.93M | $221.79M | $180.68M | $172.48M | $136.72M | $149.91M | $150.03M | $147.47M | $136.03M | $83.53M | $82.1M | $16.62M |
| Stockholders' Equity | ||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $69K | $69K | $67K | $67K | $66K | $66K | $66K | $41K | $39K | $33K | $33K | $33K | $33K | $22K | $22K | $20K | $19K | $17K | $17K | $8.6M |
| Retained Earnings | $14.04M | $11.16M | $10.06M | $8.45M | $3.2M | -$1.43M | -$2.63M | -$4.22M | -$5.14M | -$6.13M | -$6.8M | -$6.85M | -$9.75M | -$9.18M | -$9.23M | -$9.72M | -$8.48M | -$6.55M | -$5.84M | -$2.88M |
| Comprehensive Income & Other | -$209K | -$293K | -$340K | -$467K | $117K | $233K | -$26K | -$76K | -$12K | $25K | $90K | $169K | $180K | $337K | $223K | $207K | -$215K | $7K | -$99K | -$54K |
| Other Stockholders' Equity | $36.72M | $36.32M | $35.73M | $35.48M | $35.98M | $36.06M | $35.79M | $26.03M | $24.8M | $22.08M | $22.11M | $22.13M | $22.06M | $20.09M | $19.98M | $19.18M | $17.7M | $16.92M | $16.77M | $8.14M |
| Total Equity | $50.83M | $47.55M | $45.86M | $44M | $39.25M | $34.7M | $33.23M | $21.85M | $19.69M | $15.98M | $15.34M | $15.31M | $12.34M | $10.94M | $10.78M | $9.48M | $9.23M | $10.38M | $10.94M | $13.85M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $619.55M | $640.5M | $638.75M | $587.86M | $515.32M | $515.77M | $420.82M | $402.91M | $288.62M | $237.77M | $196.02M | $187.79M | $149.06M | $160.85M | $160.81M | $156.95M | $145.27M | $93.92M | $93.04M | $30.47M |
| Supplementary Data | ||||||||||||||||||||
| Total Debt | $56.46M | $68.04M | $91.19M | $85.66M | $34.55M | $96.96M | $54.31M | $77.5M | $48.5M | $12.25M | $20.43M | $19M | $5M | $9.49M | $10.36M | $10.12M | $10.07M | $89K | $53K | $0 |
| Net Debt | $19.81M | $25.16M | $58.46M | $47.54M | -$24.52M | $34.42M | $29.04M | $57.58M | $32.76M | $1.48M | $15.69M | -$3.72M | $702K | $815K | -$4.77M | -$3.35M | -$9.01M | -$1.93M | -$2.68M | -$1.08M |
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 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2004-12-31 |
| Operating Activities | ||||||||||||||||||||
| Net Income | $2.88M | $1.1M | $1.47M | $5.25M | $4.63M | $1.21M | $1.59M | $879K | $986K | $672K | $49K | $2.9M | -$523K | $47K | $488K | -$1.23M | -$1.93M | -$708K | -$1.43M | -$1.88M |
| Depreciation & Amortization | $1.7M | $0 | $1.95M | $1.71M | $758K | $601K | $576K | $360K | $288K | $275K | $281K | $181K | $370K | $191K | $243K | $255K | $308K | $231K | $195K | $72K |
| Deferred Income Tax | $252K | $0 | $84K | -$17K | $403K | -$316K | $427K | $218K | $1.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $196K | $0 | $124K | $44K | $32K | $15K | $36K | $28K | $90K | $41K | $58K | $81K | $6K | -$3K | $13K | $11K | $9K | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||
| Accounts Receivable | -$21K | $0 | -$605K | -$193K | $596K | $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 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $1.88M | -$4.38M | $575K | -$585K | -$1.62M | $3.41M | -$1.54M | $2.46M | $94K | $448K | -$2.71M | -$587K | -$67K | $49K | -$488K | -$119K | -$81K | $535K | $0 | -$300K |
| Total Working Capital Change | $1.86M | -$4.38M | -$30K | -$778K | -$1.03M | $3.41M | -$1.54M | $2.46M | $94K | $448K | -$2.71M | -$587K | -$67K | $49K | -$488K | -$119K | -$81K | $535K | $533K | -$300K |
| Other Non-Cash Items | -$305K | $1.56M | -$1.69M | -$2.92M | $2.81M | $3.56M | $711K | $2.58M | $380K | $1.47M | -$354K | $2.1M | $720K | -$480K | -$117K | $1.2M | $1.48M | -$124K | $320K | $166K |
| Net Cash from Operating | $6.57M | -$1.71M | $1.91M | $3.29M | $7.6M | $8.47M | $1.8M | $6.52M | $3.03M | $2.31M | -$2.68M | $4.68M | $506K | -$196K | $139K | $113K | -$217K | -$66K | -$379K | -$1.95M |
| Investing Activities | ||||||||||||||||||||
| Capital Expenditures | -$103K | -$65K | -$415K | -$1.18M | -$2.75M | -$427K | -$633K | -$1.95M | -$75K | -$188K | -$238K | -$1.23M | -$168K | -$1.74M | -$80K | -$146K | -$230K | -$325K | -$98K | -$239K |
| Acquisitions | $0 | $0 | $0 | -$55.82M | $3.94M | $0 | -$16.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$7.84M | -$17.67M | $0 | -$23.36M | -$7.26M | $0 | -$1.05M | -$12.74M | -$1.5M | $0 | $0 | $0 | $0 | -$4.91M | -$5.93M | -$24.4M | -$29.01M | -$14.88M | -$5.9M | -$16.84M |
| Sales of Investments | $18.61M | $10.86M | $778K | $17.69M | $2.37M | $9.63M | $5.68M | $2.04M | $3.32M | $4.99M | $0 | $0 | $0 | $7.68M | $16.64M | $24.47M | $6.94M | $17.25M | $2.9M | $5.09M |
| Other Investing Activities | $14.39M | $4.96M | -$56.35M | -$96.09M | -$4.52M | -$66.73M | $1.9M | -$100.01M | -$81.62M | -$35.65M | -$25.69M | -$17.34M | -$5.76M | -$6.25M | -$16.39M | -$9.39M | -$25.18M | -$10.5M | -$31.24M | -$5.35M |
| Net Cash from Investing | $25.06M | -$1.92M | -$55.99M | -$158.76M | -$8.23M | -$57.53M | -$10.75M | -$112.65M | -$79.88M | -$35.84M | -$25.93M | -$18.56M | -$5.93M | -$5.21M | -$5.77M | -$9.47M | -$47.47M | -$8.45M | -$34.23M | -$17.34M |
| Financing Activities | ||||||||||||||||||||
| Debt Repaid | $10.76M | $22.18M | $1.54M | -$909K | $46.49M | -$39.16M | $26M | -$248.77M | -$113.25M | $8.18M | $1.06M | -$13.99M | $950K | -$141K | -$1.23M | -$49K | -$9.98M | - | - | - |
| Common Stock Issuance | $126K | $378K | $0 | $45K | $0 | $0 | $9.7M | $1.27M | $2.67M | $0 | $0 | $0 | $0 | $0 | $780K | $1.05M | $993K | $0 | $0 | $0 |
| Common Stock Repurchases | $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 |
| Other Financing Activities | -$11.07M | $19.41M | $44.33M | $84.73M | $58.67M | $47.16M | $30.6M | -$139.73M | -$34.09M | $47.73M | $11.69M | $18.32M | $1.22M | $877K | $2.87M | $10.59M | $42.42M | $868K | $38.15M | $15.53M |
| Net Cash from Financing | -$21.7M | -$2.39M | $48.69M | $134.51M | -$2.82M | $86.32M | $14.3M | $110.32M | $81.83M | $39.56M | $10.63M | $32.31M | $273K | -$1K | $3.89M | $11.69M | $53.4M | $926K | $38.15M | $30.38M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $9.93M | -$6.01M | -$5.39M | -$20.96M | -$3.46M | $37.26M | $5.35M | $4.18M | $4.98M | $6.03M | -$17.98M | $18.43M | -$5.15M | -$5.41M | -$1.75M | $2.33M | $5.71M | -$7.59M | $3.54M | $11.1M |
| Supplementary Data | ||||||||||||||||||||
| Operating Cash Flow | $6.57M | -$1.71M | $1.91M | $3.29M | $7.6M | $8.47M | $1.8M | $6.52M | $3.03M | $2.31M | -$2.68M | $4.68M | $506K | -$196K | $139K | $113K | -$217K | -$66K | -$379K | -$1.95M |
| Capital Expenditure | -$103K | -$65K | -$415K | -$1.18M | -$2.75M | -$427K | -$633K | -$1.95M | -$22.36M | -$188K | -$238K | -$1.23M | -$168K | -$1.74M | -$80K | -$146K | -$230K | -$325K | -$98K | -$239K |
| Free Cash Flow | $6.47M | -$1.77M | $1.5M | $2.11M | $4.85M | $8.04M | $1.17M | $4.57M | -$19.33M | $2.13M | -$2.92M | $3.45M | $338K | -$1.93M | $59K | -$33K | -$447K | -$391K | -$477K | -$2.18M |
| Cash at Beginning | $26.71M | $32.73M | $38.12M | $59.08M | $62.53M | $25.27M | $19.92M | $15.74M | $10.77M | $4.74M | $22.72M | $4.3M | $9.45M | $13.04M | $14.79M | $12.46M | $6.75M | $14.34M | $10.8M | $0 |
| Cash at End | $36.65M | $26.71M | $32.73M | $38.12M | $59.08M | $62.53M | $25.27M | $19.92M | $15.74M | $10.77M | $4.74M | $22.72M | $4.3M | $7.63M | $13.04M | $14.79M | $12.46M | $6.75M | $14.34M | $11.1M |