FULLNET COMMUNICATIONS INC (FULO)
FullNet Communications, Inc., together with its subsidiaries, provides integrated communications services to individuals, businesses, organizations, educational institutions, and governmental agencies in the United States. It provides mass notification services using text messages and automated telephone calls; carrier-neutral equipment colocation services; Internet access services; web hosting and related services; customized live help desk outsourcing services; and voice and data solutions. The company was formerly known as CEN-COM of Oklahoma, Inc. and changed its name to FullNet Communications, Inc. in December 1995. FullNet Communications, Inc. was incorporated in 1995 and is based in Oklahoma City, Oklahoma.
Sector: Telephone Communications (No Radiotelephone)
Industry: Telecommunications Services
FullNet Communications, Inc.
OTC:FULOCommunication Services · Telecommunications Services
+1.45%$0.3500
Mkt Cap$6.87M
Float8.5M
O/S19.62M
Inst Own-
SI<0.1%
Div Yield14.54%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$5.11M
Net Income$740K
Total Assets$3.69M
Free Cash Flow$969K
Debt & Equity
Debt 19%
Equity 81%
Preferred 0%
Total Debt$352K
Total Equity$1.53M
Preferred Stock$618
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in FULO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$3.69M
Liabilities$2.16M
Accounts Receivable$8K
Accounts Payable$8K
Inventory$0
PP&E (Net)$418K
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 | 2025-12-31 | 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 | 2002-12-31 | 2001-12-31 | 2000-12-31 |
| Revenue | $5.11M | $4.58M | $4.19M | $4.27M | $4.14M | $3.5M | $2.42M | $2.07M | $1.89M | $1.95M | $1.88M | $1.75M | $1.63M | $1.59M | $1.87M | $1.69M | $1.8M | $1.89M | $1.9M | $1.77M | $2.38M | $2.26M | $2.12M | $2.43M | $2.3M | $1.92M |
| YoY Growth | 11.4% | 9.3% | -1.8% | 3.2% | 18.1% | 44.7% | 16.9% | 9.6% | -3.0% | 3.7% | 7.1% | 7.8% | 2.0% | -14.9% | 11.0% | -6.5% | -4.4% | -0.5% | 7.2% | -25.6% | 5.2% | 6.5% | -12.5% | 5.4% | 20.1% | - |
| Cost of Revenue | $1.44M | $1.21M | $1.07M | $907K | $741K | $503K | $321K | $248K | $170K | $352K | $391K | $461K | $437K | $483K | $539K | $573K | $590K | $557K | $557K | $483K | $469K | $346K | $628K | $933K | $947K | $755K |
| Gross Profit | $3.67M | $3.38M | $3.12M | $3.36M | $3.39M | $3M | $2.1M | $1.82M | $1.72M | $1.6M | $1.49M | $1.29M | $1.19M | $1.11M | $1.34M | $1.11M | $1.21M | $1.33M | $1.34M | $1.29M | $1.91M | $1.91M | $1.49M | $1.49M | $1.35M | $1.16M |
| Gross Margin | 71.8% | 73.7% | 74.5% | 78.7% | 82.1% | 85.7% | 86.8% | 88.0% | 91.0% | 81.9% | 79.2% | 73.7% | 73.1% | 69.7% | 71.2% | 66.1% | 67.3% | 70.5% | 70.6% | 72.7% | 80.3% | 84.7% | 70.4% | 61.5% | 58.9% | 60.6% |
| 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 | $2.86M | $2.78M | $2.61M | $2.52M | $2.21M | $2.26M | $1.88M | $1.82M | $1.62M | $1.56M | $1.49M | $1.39M | $1.32M | $1.25M | $1.23M | $1.38M | $1.32M | $1.37M | $1.33M | $1.37M | $1.32M | $1.28M | $1.14M | $1.32M | $2.14M | $2.52M |
| Other | $0 | $0 | $10K | $16K | $10K | $9K | $14K | $0 | $18K | $29K | $33K | $40K | $29K | $32K | $54K | $62K | $218K | $252K | $310K | $309K | $431K | $407K | $437K | $627K | $1.6M | $800K |
| Total Operating Expenses | $2.86M | $2.78M | $2.62M | $2.53M | $2.22M | $2.27M | $1.9M | $1.84M | $1.64M | $1.59M | $1.53M | $1.43M | $1.35M | $1.28M | $1.28M | $1.44M | $1.54M | $1.62M | $1.64M | $1.68M | $1.75M | $1.69M | $1.58M | $1.94M | $3.74M | $3.32M |
| Operating Income (EBIT) | $808K | $592K | $512K | $830K | $1.17M | $730K | $319K | -$15K | $79K | $9K | -$38K | -$152K | -$158K | -$167K | $52K | -$329K | -$325K | -$294K | -$306K | -$392K | $159K | $228K | -$84K | -$451K | -$2.39M | -$2.16M |
| Operating Margin | 15.8% | 12.9% | 12.2% | 19.4% | 28.4% | 20.8% | 13.2% | -0.7% | 4.2% | 0.5% | -2.0% | -8.7% | -9.7% | -10.5% | 2.8% | -19.5% | -18.0% | -15.6% | -16.1% | -22.2% | 6.7% | 10.1% | -4.0% | -18.6% | -103.8% | -112.7% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $277 | $2K | $2K | $2K | $16K | $16K | $20K | $23K | $24K | $82K | $90K | $98K | $97K | $106K | $118K | $165K | $594K | $372K | $559K | $944K |
| Interest Income | $128K | $133K | $141K | $41K | $0 | $2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $129K | $164K | $148K | $73K | $21K | $3K | $117K | $114K | -$2K | -$2K | -$16K | -$16K | $381K | $11K | $13K | $1.12M | $146K | -$98K | -$42K | -$86K | -$84K | -$2K | -$594K | $34K | -$1.12M | -$60K |
| Income Before Tax (EBT) | $937K | $756K | $660K | $903K | $1.19M | $733K | $318K | $100K | $77K | -$6K | -$54K | -$168K | $223K | -$190K | $65K | $788K | -$180K | -$392K | -$348K | -$479K | $74K | $387K | -$679K | -$417K | -$3.51M | -$2.22M |
| Income Tax Expense | $198K | $207K | $128K | $231K | $301K | -$339K | $118K | $0 | $0 | $10K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $0 | $372K | $937K | $1.87M |
| Net Income | $740K | $549K | $532K | $672K | $893K | $1.07M | $318K | $267K | -$27K | -$6K | -$54K | -$168K | $223K | -$190K | $65K | $788K | -$180K | -$392K | -$348K | -$479K | $74K | $226K | -$679K | -$823K | -$3.32M | -$4.03M |
| Net Income Margin | 14.5% | 12.0% | 12.7% | 15.7% | 21.6% | 30.6% | 13.1% | 12.9% | -1.4% | -0.3% | -2.9% | -9.6% | 13.7% | -11.9% | 3.5% | 46.7% | -10.0% | -20.8% | -18.3% | -27.1% | 3.1% | 10.0% | -32.0% | -33.9% | -144.5% | -210.5% |
| Supplementary Data | ||||||||||||||||||||||||||
| EPS | 0.03 | 0.02 | 0.02 | 0.03 | 0.05 | 0.07 | 0.01 | 0.02 | -0.00 | -0.00 | -0.01 | -0.02 | 0.02 | -0.02 | 0.01 | 0.10 | -0.02 | -0.05 | -0.05 | -0.07 | 0.01 | 0.03 | -0.10 | -0.12 | -0.59 | -1.20 |
| Diluted EPS | 0.03 | 0.02 | 0.02 | 0.03 | 0.04 | 0.06 | 0.01 | 0.02 | -0.00 | -0.00 | -0.01 | -0.02 | 0.01 | -0.02 | 0.01 | 0.10 | -0.02 | -0.05 | -0.05 | -0.07 | 0.01 | 0.03 | -0.10 | -0.12 | -0.59 | -1.20 |
| Weighted Average OS | 19.65M | 19.62M | 19.47M | 18.40M | 16.70M | 14.91M | 14.28M | 15.26M | 11.87M | 9.30M | 9.12M | 9.12M | 9.12M | 9.09M | 8.32M | 7.92M | 7.43M | 7.29M | 6.74M | 6.74M | 6.72M | 6.72M | 6.67M | 6.66M | 5.68M | 3.35M |
| EBITDA | $824K | $772K | $676K | $846K | $1.18M | $739K | $333K | $118K | $97K | $79K | -$5K | -$112K | -$129K | -$161K | $144K | $932K | $128K | -$42K | -$9K | -$83K | $590K | $631K | $788K | $389K | -$1.27M | -$710K |
| EBITDA Margin | 16.1% | 16.8% | 16.1% | 19.8% | 28.6% | 21.1% | 13.8% | 5.7% | 5.1% | 4.1% | -0.3% | -6.4% | -7.9% | -10.1% | 7.7% | 55.2% | 7.1% | -2.2% | -0.5% | -4.7% | 24.8% | 27.9% | 37.1% | 16.0% | -55.2% | -37.1% |
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 | 2025-12-31 | 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 | 2002-12-31 | 2001-12-31 | 2000-12-31 |
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash and Cash Equivalents | $3.21M | $2.86M | $3.13M | $2.75M | $2.66M | $1.41M | $611K | $245K | $29K | $20K | $16K | $15K | $30K | $11K | $11K | $11K | $12K | $12K | $15K | $16K | $15K | $12K | $11K | $27K | $57K | $13K |
| 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 |
| Cash and Short-Term Investments | $3.21M | $2.86M | $3.13M | $2.75M | $2.66M | $1.41M | $611K | $245K | $29K | $20K | $16K | $15K | $30K | $11K | $11K | $11K | $12K | $12K | $15K | $16K | $15K | $12K | $11K | $27K | $57K | $13K |
| Accounts Receivable | $8K | $2K | $823 | $2K | $30K | $31K | $943 | $5K | $9K | $7K | $6K | $12K | $18K | $16K | $80K | $16K | $15K | $11K | $26K | $24K | $123K | $59K | $30K | $35K | $189K | $142K |
| 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 |
| Other Current Assets | $28K | $27K | $36K | $37K | $25K | $0 | $0 | $31K | $6K | $0 | $0 | $9K | $9K | $6K | $14K | $6K | $0 | $0 | $0 | $0 | $109K | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $3.25M | $2.89M | $3.17M | $2.79M | $2.71M | $1.46M | $632K | $281K | $44K | $30K | $25K | $36K | $56K | $62K | $105K | $33K | $39K | $60K | $104K | $136K | $246K | $153K | $101K | $186K | $336K | $190K |
| Long-Term Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $418K | $499K | $216K | $366K | $460K | $578K | $676K | $51K | $39K | $77K | $96K | $109K | $45K | $61K | $78K | $86K | $121K | $324K | $508K | $699K | $889K | $991K | $996K | $978K | $1.15M | $1.13M |
| 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 | $1.76M |
| Intangible Assets | $0 | $0 | $20K | $18K | $21K | $26K | $18K | $13K | $22K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $998 | $9K | $26K | $48K | $76K | $160K | $269K | $506K | $955K | $395K |
| Long-Term Investments | $0 | $0 | $0 | $0 | -$21K | -$26K | $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 | $38K | $339K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $19K | $21K | $0 | $0 | $21K | $26K | $854 | $775 | $29K | $31K | $7K | $9K | $11K | $5K | $6K | $5K | $5K | $5K | $5K | $18K | $18K | $5K | $7K | $28K | $43K | $219K |
| Total Long-Term Assets | $437K | $520K | $236K | $385K | $519K | $943K | $695K | $65K | $91K | $108K | $103K | $118K | $56K | $67K | $84K | $91K | $127K | $338K | $539K | $765K | $983K | $1.16M | $1.27M | $1.51M | $2.15M | $3.5M |
| 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 | $3.69M | $3.41M | $3.4M | $3.18M | $3.23M | $2.4M | $1.33M | $346K | $135K | $138K | $128K | $154K | $112K | $128K | $189K | $124K | $166K | $398K | $642K | $901K | $1.23M | $1.31M | $1.37M | $1.7M | $2.49M | $3.69M |
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payable | $8K | $6K | $14K | $19K | $53K | $50K | $51K | $22K | $45K | $94K | $202K | $215K | $127K | $482K | $395K | $400K | $493K | $208K | $182K | $456K | $380K | $317K | $465K | $413K | $518K | $720K |
| Short-Term Debt | $97K | $82K | $0 | $0 | $0 | $0 | $0 | $7K | $5K | $5K | $47K | $47K | $45K | $304K | $328K | $77K | $511K | $545K | $545K | $913K | $915K | $982K | $1.22M | $918K | $605K | $439K |
| 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 | $1.23M | $1.15M | $1.1M | $1M | $905K | $777K | $509K | $443K | $398K | $369K | $356K | $346K | $302K | $199K | $174K | $134K | $96K | $129K | $113K | $108K | $121K | $187K | $172K | $402K | $469K | $178K |
| Other Current Liabilities | $571K | $458K | $169K | $0 | $0 | $0 | -$52K | $0 | $0 | $219K | $0 | $355K | $0 | $0 | $434K | $768K | $0 | $638K | $545K | $597K | $508K | $0 | $0 | $88K | $0 | $0 |
| Total Current Liabilities | $1.9M | $1.7M | $1.78M | $1.63M | $1.6M | $1.5M | $1.09M | $1.01M | $1.06M | $1.13M | $1.15M | $1.1M | $885K | $1.27M | $1.91M | $1.65M | $2.42M | $2.09M | $1.89M | $2.51M | $2.28M | $2.21M | $2.4M | $2.11M | $1.86M | $1.47M |
| Long-Term Liabilities | ||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $145K | $279K | $0 | $515K | $21K | $28K | $33K | $168K | $199K | $230K | $0 | $0 | $275K | $297K | $513K | $285K | $0 | $91K | $205K | $330K | $435K | $866K | $1.99M |
| 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 | $0 | $0 | $0 | -$145K | -$279K | $0 | -$515K | $52K | $194K | $103K | $0 | $0 | $0 | $0 | $23K | $18K | $0 | $186K | $490K | $68K | $81K | $169K | $145K | $143K | $127K | $59K |
| Total Long-Term Liabilities | $255K | $352K | $0 | $145K | $279K | $402K | $567K | $73K | $222K | $136K | $168K | $199K | $230K | $784K | $23K | $293K | $297K | $699K | $775K | $68K | $172K | $393K | $493K | $626K | $1.02M | $2.05M |
| 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 | $2.16M | $2.05M | $1.78M | $1.77M | $1.87M | $1.9M | $1.65M | $1.08M | $1.28M | $1.27M | $1.32M | $1.3M | $1.12M | $2.05M | $1.93M | $1.94M | $2.71M | $2.79M | $2.67M | $2.58M | $2.45M | $2.6M | $2.89M | $2.74M | $2.88M | $3.52M |
| Stockholders' Equity | ||||||||||||||||||||||||||
| Preferred Stock | $618 | $768 | $410K | $410K | $357K | $354K | $555K | $639K | $619K | $592K | $545K | $491K | $430K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $197 | $196 | $196 | $192 | $171 | $165 | $145 | $136 | $119 | $119 | $91 | $91 | $91 | $91 | $90 | $79 | $58K | $74 | $68 | $68 | $66 | $66 | $66 | $66 | $66 | $39 |
| Retained Earnings | -$8.01M | -$8.33M | -$7.91M | -$8.12M | -$8.07M | -$8.92M | -$9.82M | -$10.14M | -$10.41M | -$10.38M | -$10.37M | -$10.32M | -$10.15M | -$10.34M | -$10.15M | -$10.22M | -$11M | -$10.82M | -$10.43M | -$10.09M | -$9.61M | -$9.68M | -$9.91M | -$9.23M | -$8.4M | -$5.08M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.7M | -$2.58M | -$2.67M | -$2.64M | -$2.61M | -$2.58M | -$2.55M | -$2.52M | -$2.47M | -$2.41M | -$2.2M | $58K | $58K | $58K | $58K | $58K | $58K | $46K | $0 |
| Other Stockholders' Equity | $9.54M | $9.69M | $9.53M | $9.52M | $9.43M | $9.42M | $9.49M | $9.4M | $9.26M | $9.25M | $9.19M | $9.17M | $9.15M | $8.42M | $8.41M | $8.4M | $8.4M | $8.44M | $8.41M | $8.41M | $8.39M | $8.39M | $8.38M | $8.18M | $8.01M | $5.25M |
| Total Equity | $1.53M | $1.36M | $1.62M | $1.4M | $1.35M | $502K | -$326K | -$733K | -$1.15M | -$1.13M | -$1.19M | -$1.15M | -$1M | -$1.92M | -$1.74M | -$1.82M | -$2.55M | -$2.39M | -$2.02M | -$1.68M | -$1.22M | -$1.29M | -$1.52M | -$1.04M | -$395K | $170K |
| 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 | $3.69M | $3.41M | $3.4M | $3.18M | $3.23M | $2.4M | $1.33M | $346K | $135K | $138K | $128K | $154K | $112K | $128K | $189K | $124K | $166K | $398K | $642K | $901K | $1.23M | $1.31M | $1.37M | $1.7M | $2.49M | $3.69M |
| Supplementary Data | ||||||||||||||||||||||||||
| Total Debt | $352K | $434K | $145K | $425K | $681K | $515K | $1.13M | $28K | $33K | $183K | $215K | $246K | $275K | $304K | $328K | $352K | $808K | $1.06M | $831K | $913K | $1.01M | $1.21M | $1.56M | $1.4M | $1.5M | $2.43M |
| Net Debt | -$2.86M | -$2.42M | -$2.98M | -$2.33M | -$1.97M | -$893K | $522K | -$218K | $4K | $163K | $199K | $231K | $245K | $293K | $317K | $341K | $796K | $1.05M | $815K | $897K | $991K | $1.19M | $1.55M | $1.37M | $1.45M | $2.41M |
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 | 2025-12-31 | 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 | 2002-12-31 | 2001-12-31 | 2000-12-31 |
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | $740K | $549K | $532K | $672K | $893K | $1.07M | $318K | $100K | $77K | -$6K | -$54K | -$168K | $223K | -$190K | $65K | $788K | -$180K | -$392K | -$348K | -$479K | $74K | $226K | -$679K | -$823K | -$3.32M | -$4.03M |
| Depreciation & Amortization | $16K | $16K | $17K | $16K | $10K | $9K | $16K | $17K | $18K | $18K | $33K | $40K | $29K | $32K | $54K | $62K | $218K | $252K | $297K | $310K | $431K | $405K | $872K | $839K | $1.12M | $1.45M |
| Deferred Income Tax | $0 | $0 | $0 | $38K | $301K | -$339K | -$19K | $0 | $0 | -$46K | -$16K | -$28K | $14K | $12K | -$100K | $0 | -$236K | $0 | -$147 | -$20K | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $8K | $11K | $9K | $27K | $39K | $75K | $13K | $53K | $15K | $23K | $51K | $3K | $3K | $96 | $138 | $170 | $147 | $25 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||
| Accounts Receivable | -$7K | $24K | $1K | $29K | -$380 | -$31K | $6K | -$5K | -$3K | -$8K | $7K | $11K | -$16K | $20K | -$29K | -$9K | -$7K | $15K | $94 | $20K | $24K | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $74K | -$125K | -$33 | -$17K | $57K | $32K | $63K | $67K | $10K | $42K | -$32K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $1K | -$7K | -$5K | -$34K | $3K | -$581 | -$16K | -$23K | -$48K | -$68K | -$13K | $51K | $35K | $90K | -$5K | $72K | $34K | $16K | -$10K | $45K | $6K | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $317K | $411K | $4K | -$86K | $90K | $268K | $66K | $45K | $29K | $14K | $578 | $49K | $103K | $25K | $40K | $303K | $168K | $154K | $267K | $291K | -$64K | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $311K | $428K | -$92K | -$91K | $205K | $111K | $56K | -$218 | $34K | -$30K | $57K | $178K | $132K | $177K | -$26K | $366K | $196K | $185K | $258K | $355K | -$34K | $76K | $27K | $59K | $534K | $365K |
| Other Non-Cash Items | -$79K | -$308K | $225K | $127K | $1K | $108K | $16K | -$64K | -$92K | $63K | $15K | $34K | -$395K | $3K | $65K | -$1.19M | $3K | -$108 | -$42K | $20K | -$10K | -$99K | -$12K | -$17K | $1.66M | $1.51M |
| Net Cash from Operating | $987K | $685K | $690K | $774K | $1.42M | $988K | $426K | $127K | $50K | $53K | $51K | $78K | $55K | $38K | $62K | $25K | $2K | $46K | $166K | $186K | $461K | $608K | $209K | $58K | -$13K | -$704K |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | -$17K | -$10K | -$3 | -$50K | -$6K | -$14K | -$15K | -$7K | -$1K | -$17K | -$18K | -$64K | -$12K | -$14K | -$37K | -$26K | -$7K | -$52K | -$83K | -$92K | -$185K | -$205K | -$45K | -$8K | -$245K | -$847K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$10K | $0 | $0 | $0 | $0 | $0 | -$73K | -$56K | $0 | $0 | -$68K | -$127K |
| 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 |
| 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 | $0 |
| Other Investing Activities | $0 | $0 | $3 | $0 | $0 | $0 | $0 | $218K | -$5K | -$125K | -$18K | -$2K | $0 | $0 | $0 | $0 | $0 | $0 | -$910 | -$16K | -$73K | $9K | $57K | $93K | $5K | $110K |
| Net Cash from Investing | -$17K | -$10K | $0 | -$50K | -$6K | -$14K | -$15K | $211K | -$6K | -$17K | -$18K | -$64K | -$12K | -$14K | -$47K | -$26K | -$7K | -$52K | -$84K | -$92K | -$258K | -$252K | $12K | $85K | -$308K | -$864K |
| Financing Activities | ||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | $28K | $5K | $5K | $5K | $31K | $29K | $24K | $24K | $23K | - | $292K | $26K | $82K | - | $200K | $355K | $237K | $172K | -$39K | -$1.49M |
| Common Stock Issuance | $630 | $588 | $5K | $77K | $2K | $400 | $13K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $180 | $0 | $0 | $0 | $0 | $354K | $164K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | -$178K | -$20K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$322K | -$879K | -$257K | -$653K | -$168K | $0 | -$13K | $0 | -$27K | -$47K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $27K | $0 | $400 | $15K | -$117K | -$1K | $20K | $0 | $0 | $0 | $420 | $0 | $0 | -$0 | $28K | $0 | $0 | $0 | $0 | $0 | $0 | -$29K | -$84K |
| Net Cash from Financing | -$614K | -$947K | -$314K | -$626K | -$166K | -$178K | -$46K | -$122K | -$33K | -$32K | -$31K | -$29K | -$24K | -$23K | -$15K | $0 | $5K | $2K | -$82K | -$93K | -$200K | -$355K | -$237K | -$172K | $364K | $1.57M |
| Forex Effect | $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 |
| Net Change in Cash | $356K | -$271K | $377K | $98K | $1.25M | $796K | $366K | $216K | $10K | $4K | $1K | -$15K | $19K | -$140 | $131 | -$1K | $152 | -$4K | -$638 | $1K | $3K | $746 | -$15K | -$30K | $43K | $479 |
| Supplementary Data | ||||||||||||||||||||||||||
| Operating Cash Flow | $987K | $685K | $690K | $774K | $1.42M | $988K | $426K | $127K | $50K | $53K | $51K | $78K | $55K | $38K | $62K | $25K | $2K | $46K | $166K | $186K | $461K | $608K | $209K | $58K | -$13K | -$704K |
| Capital Expenditure | -$17K | -$10K | -$3 | -$50K | -$6K | -$14K | -$15K | -$7K | -$1K | -$17K | -$18K | -$64K | -$12K | -$14K | -$37K | -$26K | -$7K | -$52K | -$83K | -$92K | -$185K | -$205K | -$45K | -$8K | -$245K | -$847K |
| Free Cash Flow | $969K | $675K | $690K | $725K | $1.41M | $974K | $412K | $120K | $48K | $36K | $32K | $14K | $43K | $23K | $25K | -$1K | -$5K | -$6K | $83K | $94K | $275K | $403K | $164K | $49K | -$258K | -$1.55M |
| Cash at Beginning | $2.86M | $3.13M | $2.75M | $2.66M | $1.41M | $612K | $245K | $29K | $19K | $16K | $15K | $30K | $11K | $11K | $11K | $12K | $12K | $15K | $16K | $15K | $12K | $11K | $27K | $57K | $13K | $13K |
| Cash at End | $3.21M | $2.86M | $3.13M | $2.75M | $2.66M | $1.41M | $611K | $245K | $29K | $20K | $16K | $15K | $30K | $11K | $11K | $11K | $12K | $12K | $15K | $16K | $15K | $12K | $11K | $27K | $57K | $13K |