GENOIL INC (GNOLF)
Genoil Inc., operating through its subsidiaries, specializes in the development and commercialization of advanced oil upgrading solutions. Its operations span key international markets including Canada, the Middle East, Russia, and China. At the heart of its offerings is the Genoil Hydroconversion Upgrader (GHU), a proprietary catalytic hydroconversion technology designed to transform challenging feedstocks such as high-sulfur, acidic, heavy crude oils, bitumen, and refinery residues into higher-value products with enhanced yields. Beyond oil upgrading, Genoil is also proficient in oil-water separation technologies, exemplified by its Crystal Sea Separator, an efficient tool for separating oil from water, which is supported by comprehensive engineering services. The company's portfolio further extends to specialized environmental solutions, including the Genoil Sand Decontamination Technology for purifying oil sands, as well as providing solutions for port cleaning and preventing pollution in fish farms. Other offerings encompass systems for treating bilge water, waste oil, and slop oil, alongside Allegretto-branded centrifuges. Genoil Inc. was established in 1996 and maintains its corporate headquarters in New York, New York.
Sector: Oil & Gas Field Services, NEC
Industry: Oil & Gas Equipment & Services
Genoil Inc.
OTC:GNOLFEnergy · Oil & Gas Equipment & Services
+0.00%$0.0250
Mkt Cap$49.23M
Float821.57M
O/S1.97B
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$641K
Total Assets$5K
Free Cash Flow-$516K
Debt & Equity
Total Debt$220K
Total Equity-$509K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in GNOLF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$5K
Liabilities$514K
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$1
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD |
| 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 | 1999-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $758 | $41K | $30K | $83K | $19K | $0 | $130K | $4K | $19K | $1.52M | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -98.2% | 39.3% | -64.4% | 328.3% | - | - | 2928.5% | -77.6% | -98.7% | - | - | - |
| Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $13K | $0 | $39K | $400K | $456K | $462K | $428K | $525K | $0 | $227K | $1.71M | $1.51M | $843K | $1.49M | $2.38M | $2.06M | $1.91M |
| Gross Profit | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$13K | $0 | -$39K | -$400K | -$456K | -$462K | -$428K | $30K | $83K | -$208K | -$1.71M | -$1.38M | -$838K | -$1.46M | -$858K | $1.37M | -$796K |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -60961.3% | -1034.8% | 100.0% | 100.0% | -1066.0% | - | -1060.5% | -19556.8% | -7619.7% | -56.3% | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $66K | $0 | $0 | $42K | $50K | $158K | $68K | $28K | $417K | $468K | $335K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $54K | $1.35M | $3.1M | $1.24M | $717K | $3.48M | $3.04M | $10K | $7K | $1.03M | $466K | $254K | $1.45M | $2.32M | $4.18M | $4.91M | $4.38M | $6.58M | $9.46M | $8.05M | $5.89M | $4.38M | $2.7M | $1.33M | $368K | $770K | $500K |
| Other | $572K | $655K | $560K | $473K | $350K | $340K | $255K | $7.9M | $6.64M | $12K | $39K | $19K | -$30K | -$4K | $117K | -$87K | -$208K | -$610K | $1.01M | $581K | $630K | -$316K | $52K | $754K | $660K | $11.53M | $1.57M |
| Total Operating Expenses | $626K | $2.01M | $3.66M | $1.72M | $1.07M | $3.82M | $3.29M | $7.91M | $6.64M | $1.11M | $505K | $273K | $1.46M | $2.36M | $4.45M | $4.89M | $4.2M | $6.38M | $10.94M | $8.96M | $6.51M | $4.06M | $2.75M | $2.09M | $1.03M | $12.3M | $2.07M |
| Operating Income (EBIT) | -$626K | -$2.01M | -$3.66M | -$1.72M | -$1.07M | -$3.82M | -$3.29M | -$7.91M | -$8K | -$1.11M | -$518K | -$273K | -$1.5M | -$2.77M | -$4.78M | -$5.35M | -$4.63M | -$6.35M | -$11.11M | -$9.19M | -$10.42M | -$7.98M | -$3.6M | -$2.77M | -$1.89M | -$10.93M | -$2.87M |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -706185.2% | -11201.9% | -21414.6% | -13310.0% | -47176.4% | - | -6148.0% | -83886.1% | -14490.5% | -123.8% | - | - |
| Interest Expense | $39K | $34K | $671K | $1.93M | $1.35M | $719K | $338K | $0 | $0 | $328K | $164K | $197K | $256K | $263K | $334K | $198K | $160K | $297K | $273K | $126K | $293K | $346K | $225K | $207K | $238K | $46.83M | $606K |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $412 | $313 | $0 | $0 | $0 | $21K | $0 | $0 | $36 | $758 | $5K | $25K | $23K | $0 | $0 | $4K | $0 | $0 | $0 | $444K |
| Other Income (Expense) | -$14K | -$78K | -$671K | -$1.93M | -$1.35M | -$719K | -$338K | -$106K | $572 | -$831K | $1.43M | -$286K | -$4.1M | -$2.66M | $3.1M | -$2.27M | -$110K | $4K | -$235K | -$5.07M | -$4.61M | -$5M | -$1.38M | -$240K | $400K | $0 | $332K |
| Income Before Tax (EBT) | -$641K | -$2.09M | -$4.33M | -$3.64M | -$2.42M | -$4.54M | -$3.63M | -$8.02M | -$8K | -$1.94M | $910K | -$559K | -$5.6M | -$5.43M | -$1.81M | -$7.62M | -$4.74M | -$6.35M | -$11.34M | -$14.26M | -$15.03M | -$12.99M | -$4.98M | -$3.02M | -$1.49M | -$10.93M | -$24.15M |
| Income Tax Expense | $0 | $0 | $0 | -$3K | -$2K | $0 | $0 | -$134 | $0 | $328K | $164K | $197K | $256K | $263K | -$3.35M | -$36 | -$758 | $331K | $1.64M | $14.49M | $7.03M | $7.89M | -$4K | $207K | -$400K | $26K | -$56K |
| Net Income | -$641K | -$2.09M | -$4.33M | -$3.64M | -$2.42M | -$4.54M | -$3.63M | -$8.02M | -$8K | -$2.27M | $840K | -$756K | -$5.72M | -$5.43M | -$1.76M | -$5.63M | -$5.15M | -$7.86M | -$11.34M | -$14.26M | -$10.51M | -$8.44M | -$4.98M | -$2.98M | -$2.13M | -$16.42M | -$24.09M |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -743250.4% | -12464.9% | -26487.6% | -13591.1% | -73180.3% | - | -6501.5% | -116090.9% | -15571.7% | -139.4% | - | - |
| Supplementary Data | |||||||||||||||||||||||||||
| EPS | -0.00 | -0.00 | -0.00 | -0.01 | -0.00 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 | 0.00 | -0.00 | -0.02 | -0.02 | -0.01 | -0.02 | -0.02 | -0.03 | -0.05 | -0.07 | -0.06 | -0.05 | -0.03 | -0.02 | -0.02 | -0.18 | -0.34 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | -0.01 | -0.00 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 | 0.00 | -0.00 | -0.02 | -0.02 | -0.01 | -0.02 | -0.02 | -0.03 | -0.05 | -0.07 | -0.06 | -0.05 | -0.03 | -0.02 | -0.02 | -0.18 | -0.34 |
| Weighted Average OS | 1.99B | 1.94B | 1.18B | 669.82M | 618.12M | 583.03M | 542.27M | 518.05M | 491.33M | 442.54M | 405.35M | 393.28M | 361.30M | 329.34M | 307.00M | 288.29M | 270.75M | 297.38M | 228.07M | 211.83M | 191.56M | 169.82M | 146.13M | 141.95M | 103.45M | 91.34M | 70.57M |
| EBITDA | $30K | $108K | $738 | $88K | $128K | -$225K | -$23K | -$298K | $499 | -$1.1M | $978K | -$254K | -$1.46M | -$2.36M | -$4.33M | -$4.88M | -$4.19M | -$7.07M | -$8.97M | -$8.62M | -$7.27M | -$4.68M | -$3.79M | -$2.02M | -$1.02M | $858K | $742K |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -643348.3% | -10127.6% | -23829.6% | -10743.0% | -44241.6% | - | -3606.5% | -88341.3% | -10548.3% | -67.0% | - | - |
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 | FY 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD |
| 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 | 1999-12-31 |
| Assets | |||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||
| Cash and Cash Equivalents | $12 | $17K | $14K | $7K | $15 | $3K | $1K | $2K | $427 | $2K | $0 | $0 | $0 | $335K | $37K | $126K | $9K | $391K | $151K | $1.43M | $455K | $5.68M | $168K | $1.11M | $54K | $6K | $22K |
| 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 | $0 |
| Cash and Short-Term Investments | $12 | $17K | $14K | $7K | $15 | $3K | $1K | $2K | $427 | $2K | $0 | $0 | $0 | $335K | $37K | $126K | $9K | $391K | $151K | $1.43M | $455K | $5.68M | $168K | $1.11M | $54K | $6K | $22K |
| Accounts Receivable | $0 | $0 | $0 | $137K | $281K | $153K | $1.68M | $1.62M | $949K | $877K | $429K | $251K | $0 | $190K | $17K | $12K | $14K | $9K | $84K | $8K | $99K | $58K | $22K | $85K | $35K | $118K | $938K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $5K | $0 | $109K |
| Other Current Assets | $5K | $121K | $112K | $6K | $11K | $0 | $0 | $130K | -$11K | $0 | $0 | $649 | $353K | $119K | $211K | $216K | $276K | $185K | $194K | $89K | $0 | $0 | $0 | $0 | $0 | $0 | $776K |
| Total Current Assets | $5K | $139K | $126K | $150K | $292K | $156K | $1.68M | $1.75M | $939K | $879K | $429K | $252K | $353K | $644K | $265K | $355K | $299K | $585K | $428K | $1.53M | $554K | $5.74M | $190K | $1.2M | $95K | $124K | $1.85M |
| Long-Term Assets | |||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $57K | $58K | $55K | $43K | $43K | $43K | $43K | $108K | $112K | $74K | $86K | $304K | $1.44M | $1.73M | $1.92M | $1.9M | $2.47M | $2.19M | $2.41M | $3.5M | $3.01M | $2.83M | $56K | $0 | $10.34M |
| 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 |
| Intangible Assets | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $40K | $45K | $49K | $54K | $1.74M | $2.86M | $3.34M | $1.89M | $2.09M | $2.33M | $2.76M | $3.18M | $3.54M | $5.72M | $6.25M | $4.31M | $2.66M | $5.13M |
| Long-Term Investments | $0 | $53K | $136K | $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 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$499 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$262K | $0 | $0 | $0 | $27K | $604K | $52K | $2.99M | $2.46M | $2.35M |
| Total Long-Term Assets | $1 | $53K | $193K | $58K | $55K | $43K | $43K | $43K | $43K | $148K | $157K | $123K | $140K | $2.05M | $4.3M | $5.07M | $3.8M | $3.73M | $4.79M | $4.95M | $5.59M | $7.06M | $9.33M | $9.13M | $7.36M | $5.12M | $17.82M |
| 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 |
| Total Assets | $5K | $192K | $319K | $208K | $347K | $199K | $1.72M | $1.8M | $981K | $1.03M | $586K | $375K | $493K | $2.69M | $4.56M | $5.43M | $4.1M | $4.32M | $5.22M | $6.48M | $6.14M | $12.8M | $9.52M | $10.33M | $7.46M | $5.25M | $19.66M |
| Liabilities | |||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $70K | $59K | $65K | $60K | $0 | $0 | $0 | $0 | $1.62M | $0 | $0 | $895K | $850K | $1.39M | $654K | $1.67M | $1.19M | $548K | $755K | $450K | $126K | $1.64M |
| Short-Term Debt | $0 | $0 | $0 | $7.16M | $6.29M | $65K | $2.51M | $6.83M | $6.19M | $2.51M | $2.28M | $2.17M | $2.39M | $2.11M | $2.17M | $1.66M | $1.38M | $993K | $1.12M | $970K | $1.46M | $3.05M | $0 | $0 | $2.3M | $0 | $2.96M |
| 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 |
| Current 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 | $0 |
| Other Current Liabilities | $294K | $351K | $222K | $7.78M | $5.42M | -$65K | $3.41M | -$513K | -$3.68M | $1.06M | $807K | $2.14M | $1.89M | $435K | $1.39M | $936K | $341K | $329K | $98K | $0 | $118K | $1.67M | $94K | $86K | $547K | $115K | $2.88M |
| Total Current Liabilities | $294K | $351K | $222K | $14.94M | $11.71M | $3.1M | $8.23M | $7.83M | $7.47M | $3.57M | $3.09M | $4.31M | $4.28M | $4.17M | $3.56M | $2.59M | $2.62M | $2.17M | $2.61M | $1.62M | $3.25M | $5.91M | $642K | $841K | $3.3M | $241K | $7.48M |
| Long-Term Liabilities | |||||||||||||||||||||||||||
| Long-Term Debt | $220K | $308K | $276K | $0 | $0 | $4.71M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $134K | $120K | $196K | $174K | $136K | $138K | $2.16M | $2.03M | $1.83M | $3.06M | $2.67M | $0 | $0 | $455K |
| 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 | $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 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $201K | $1.17M | $591K | $602K | $250K | $282K | $782K | $4.13M | $0 | $0 | $0 | $0 | $0 | $0 | $249K | $0 | $3.02M | $189K | $16.07M |
| Total Long-Term Liabilities | $220K | $308K | $276K | $0 | $0 | $4.71M | $0 | $0 | $201K | $1.17M | $591K | $602K | $250K | $416K | $902K | $4.32M | $174K | $136K | $138K | $2.16M | $2.03M | $1.83M | $3.31M | $2.67M | $3.02M | $189K | $16.52M |
| 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 | -$3.02M | -$189K | $0 |
| Total Liabilities | $514K | $659K | $498K | $14.94M | $11.71M | $7.81M | $8.23M | $7.83M | $7.67M | $4.74M | $3.68M | $4.91M | $4.53M | $4.59M | $4.46M | $6.92M | $2.79M | $2.31M | $2.75M | $3.78M | $5.28M | $7.74M | $3.95M | $3.51M | $3.3M | $241K | $24M |
| 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 |
| Common Stock | $64.66M | $92.32M | $84.36M | $69.16M | $64.89M | $50.46M | $49.85M | $68K | $60K | $62.12M | $60.1M | $56.91M | $56.19M | $58.41M | $56.85M | $55.66M | $52.25M | $44.67M | $45.49M | $34.79M | $21.62M | $15.7M | $15.46M | $10.91M | $0 | $18.92M | $14.25M |
| Retained Earnings | -$106.56M | -$152.33M | -$137.63M | -$133.71M | -$122.05M | -$93.26M | -$88.25M | -$116K | -$97K | -$89.28M | -$86.47M | -$83.67M | -$82.57M | -$81.43M | -$75.66M | -$74.46M | -$68.1M | -$55.01M | -$54.9M | -$43.75M | -$29.81M | -$19.1M | -$9.89M | -$4.1M | -$1.09M | -$35.01M | -$18.58M |
| Comprehensive Income & Other | -$222K | -$319K | -$294K | -$298K | -$283K | -$222K | -$222K | $0 | $0 | $10K | $53K | -$29K | -$14K | $33K | $21K | $19K | $0 | $0 | $0 | $0 | $1.05M | $2.4M | $0 | $0 | $0 | $0 | -$1.69M |
| Other Stockholders' Equity | $41.39M | $59.54M | $53.1M | $49.82M | $45.79M | $35.18M | $31.89M | $1 | $1 | $23.45M | $23.27M | $22.22M | $22.35M | $21.12M | $18.91M | $17.31M | $17.16M | $12.34M | $11.88M | $11.66M | $9.05M | $8.46M | -$1 | $0 | $5.25M | $21.09M | $0 |
| Total Equity | -$509K | -$467K | -$179K | -$14.73M | -$11.36M | -$7.61M | -$6.51M | -$48K | -$37K | -$3.71M | -$3.1M | -$4.54M | -$4.04M | -$1.9M | $101K | -$1.49M | $1.31M | $2.01M | $2.47M | $2.7M | $865K | $5.06M | $5.57M | $6.82M | $4.16M | $5.01M | -$4.34M |
| 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 |
| Total Liabilities and Equity | $5K | $192K | $319K | $208K | $347K | $199K | $1.72M | $7.78M | $7.63M | $1.03M | $586K | $375K | $493K | $2.69M | $4.56M | $5.43M | $4.1M | $4.32M | $5.22M | $6.48M | $6.14M | $12.8M | $9.52M | $10.33M | $7.46M | $5.25M | $19.66M |
| Supplementary Data | |||||||||||||||||||||||||||
| Total Debt | $220K | $308K | $276K | $7.16M | $6.29M | $4.71M | $2.51M | $6.83M | $6.19M | $2.51M | $2.28M | $2.17M | $2.39M | $2.25M | $2.29M | $1.85M | $1.55M | $1.13M | $1.25M | $3.13M | $3.48M | $4.88M | $3.06M | $2.67M | $2.3M | $0 | $3.41M |
| Net Debt | $220K | $291K | $262K | $7.15M | $6.29M | $4.71M | $2.51M | $6.83M | $6.19M | $2.51M | $2.28M | $2.17M | $2.39M | $1.91M | $2.26M | $1.73M | $1.55M | $738K | $1.1M | $1.69M | $3.03M | -$804K | $2.89M | $1.56M | $2.25M | -$6K | $3.39M |
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 | FY 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD |
| 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 | 1999-12-31 |
| Operating Activities | |||||||||||||||||||||||||||
| Net Income | -$641K | -$2.09M | -$4.33M | -$3.64M | -$3K | -$4.53M | -$3.63M | -$10K | -$8K | -$1.94M | $840K | -$559K | -$5.38M | -$6K | -$1.76M | -$5.63M | -$5.15M | -$7.77M | -$11.34M | -$13.91M | -$10.92M | -$9.1M | -$4.88M | -$2.98M | -$2.13M | -$16.42M | -$24.09M |
| Depreciation & Amortization | $631K | $2.12M | $3.66M | $1.8M | $1.2M | $3.59M | $3.27M | $7.61M | $9K | $11K | $12K | $19K | $41K | $403K | $444K | $476K | $444K | $495K | $580K | $572K | $641K | $759K | $869K | $754K | $415K | $1.37M | $1.09M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.86M | $0 | $813K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $54K | $1.35M | $3.1M | $1.25M | $907 | $3.47M | $0 | $10K | $7K | $0 | $0 | $0 | $415K | $56 | $1.74M | $2.64M | $1.95M | $2.86M | $4.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17K | -$362 | -$5K | $2K | -$4K | $60K | -$47K | $93K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$40K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $193K | $1.17M | $856K | $667K | $274K | -$432K | $633K | -$785K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $104K | $77K | $577K | $1.54M | $1.16M | $729K | $338K | $326K | $246K | $319K | $153K | $226K | $10K | $0 | $67K | $89K | -$59K | $0 | -$96K | -$92K | $454K | $1.45M | $180K | -$50K | $347K | -$362K | $0 |
| Total Working Capital Change | $64K | $77K | $577K | $1.54M | $1.16M | $729K | $338K | $326K | $246K | $319K | $153K | $226K | $220K | $1.17M | $918K | $758K | $212K | -$370K | $490K | -$783K | $454K | $1.45M | $180K | -$50K | $347K | -$362K | $0 |
| Other Non-Cash Items | -$625K | -$2.07M | -$3.65M | -$1.42M | -$2.36M | -$3.59M | -$217K | -$8.21M | -$962K | -$117K | -$1.49M | $286K | $2.05M | -$2.73M | -$3.91M | $175K | $351K | $397K | $963K | $8.52M | $4.81M | $5.19M | $1.36M | $237K | $246K | $11.32M | $21.21M |
| Net Cash from Operating | -$516K | -$606K | -$646K | -$465K | -$401 | -$329K | -$240K | -$272K | -$707K | -$1.73M | -$482K | -$28K | -$793K | -$1.16M | -$1.74M | -$1.59M | -$2.19M | -$4.38M | -$4.64M | -$5.6M | -$5.02M | -$1.7M | -$2.47M | -$2.04M | -$1.12M | -$4.09M | -$1.8M |
| Investing Activities | |||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1K | -$46K | $0 | -$2K | -$38K | -$208K | -$4K | -$2K | -$14K | -$207K | -$51K | -$1.43M | -$15K | -$9K | -$9K | -$62K | -$21.67M | -$13.49M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$165K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.25M |
| 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 |
| 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 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K | $0 | $0 | $0 | $0 | -$1K | $69K | -$963K | -$247K | -$96K | -$2.35M | $16.51M | -$578K |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1K | -$46K | $0 | -$2K | -$38K | -$205K | -$169K | -$2K | -$14K | -$207K | -$52K | -$1.36M | -$978K | -$256K | -$105K | -$2.41M | -$5.16M | -$16.31M |
| Financing Activities | |||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | $19K | - | - | - | - | -$189K | -$51K | - | -$100K | - | -$993K | -$1.44M | -$5.23M | - | - | - | - | - |
| Common Stock Issuance | $412K | $543K | $651K | $456K | $399K | $421K | $234K | $880K | $1.01M | $1.05M | $0 | $46K | $837K | $1.66M | $1.54M | $2.13M | $1.65M | $4.47M | $3.17M | $5.93M | $3.89M | $1.15M | $1.59M | $2.02M | $805K | $579K | $283K |
| 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 |
| 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 |
| Other Financing Activities | $93K | $65K | -$212 | $14K | -$85K | -$90K | $5K | -$607K | -$139K | $750K | $444K | -$105 | -$331K | $134K | $175K | -$304K | $108K | -$3K | $390K | -$121K | -$3.94M | $1.39M | $193K | $1.16M | $1.33M | $8.9M | $13.97M |
| Net Cash from Financing | $504K | $608K | $651K | $470K | $314K | $331K | $240K | $273K | $874K | $1.78M | $444K | $44K | $507K | $1.48M | $1.9M | $1.87M | $1.75M | $4.69M | $3.56M | $6.8M | $1.39M | $7.77M | $1.78M | $3.19M | $3.58M | $9.24M | $13.9M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | -$176 | $0 | -$168K | -$44K | $84K | -$16K | -$47K | $11K | $1K | $0 | $0 | $0 | $0 | -$24K | -$45K | $591K | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$12K | $2K | $5K | $5K | -$3K | $2K | -$374 | $1K | -$1K | $2K | $0 | $0 | -$334K | $297K | -$91K | $116K | -$438K | $295K | -$1.28M | $979K | -$5.03M | $5.68M | -$947K | $1.04M | $48K | -$15K | -$4.21M |
| Supplementary Data | |||||||||||||||||||||||||||
| Operating Cash Flow | -$516K | -$606K | -$646K | -$539 | -$401 | -$329K | -$240K | -$294K | -$888 | -$1.73M | -$482K | -$28K | -$793K | -$1.16M | -$1.74M | -$1.59M | -$2.19M | -$4.38M | -$4.64M | -$5.6M | -$5.22M | -$1.83M | -$2.47M | -$2.04M | -$1.12M | -$4.09M | -$1.8M |
| Capital Expenditure | -$3 | $0 | $0 | $0 | $0 | -$3 | $0 | $0 | $0 | -$1K | -$46K | $0 | -$2K | -$38K | -$208K | -$4K | -$2K | -$14K | -$207K | -$51K | -$1.43M | -$15K | -$9K | -$9K | -$62K | -$21.67M | -$13.49M |
| Free Cash Flow | -$516K | -$606K | -$646K | -$539 | -$401 | -$329K | -$240K | -$371 | -$888 | -$1.73M | -$528K | -$28K | -$795K | -$1.2M | -$1.95M | -$1.59M | -$2.19M | -$4.4M | -$4.85M | -$5.65M | -$6.65M | -$1.85M | -$2.48M | -$2.05M | -$1.18M | -$25.76M | -$15.29M |
| Cash at Beginning | $12K | $10K | $5K | $12 | $3K | $1K | $2K | $427 | $2K | $0 | $0 | $0 | $334K | $37K | $125K | $9K | $447K | $152K | $1.43M | $456K | $5.64M | $152K | $1.1M | $54K | $6K | $22K | $4.23M |
| Cash at End | $12 | $12K | $10K | $5K | $12 | $3K | $240K | $2K | $427 | $2K | $0 | $0 | $0 | $334K | $37K | $125K | $9K | $447K | $152K | $1.43M | $456K | $5.64M | $152K | $1.1M | $54K | $6K | $22K |