GUIDED THERAPEUTICS INC (GTHP)
Guided Therapeutics, Inc. is a medical technology firm specializing in the creation of medical devices. Its primary focus is on bringing to market LuViva, an innovative device designed for the non-invasive detection of cervical cancer. This technology excels at identifying both cancerous and precancerous conditions of the cervix in a painless, non-invasive manner, directly at the point of care. LuViva operates by scanning the cervix with light and subsequently analyzing both the reflected and fluorescent light emitted. Established in 1992 and headquartered in Norcross, Georgia, the company was formerly known as SpectRx, Inc. until its rebranding to Guided Therapeutics, Inc. in February 2008.
Sector: Electromedical & Electrotherapeutic Apparatus
Industry: Medical - Devices
Guided Therapeutics, Inc.
OTC:GTHPHealthcare · Medical - Devices
-9.03%$0.1319
Mkt Cap$12.73M
Float36.93M
O/S96.54M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$767K
Net Income-$3.2M
Total Assets$1.32M
Free Cash Flow-$1.07M
Debt & Equity
Total Debt$2.94M
Total Equity-$6.01M
Preferred Stock$1.62M
Shares Outstanding
Short Interest
Split History3 splits · 3 reverse
- 1:800Reverse splitMar 29, 2019800 shares → 1
- 1:800Reverse splitNov 7, 2016800 shares → 1
- 1:100Reverse splitFeb 24, 2016100 shares → 1
Balance Sheet Details
Assets$1.32M
Liabilities$7.33M
Accounts Receivable$4K
Accounts Payable$2.45M
Inventory$448K
PP&E (Net)$702K
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 | FY 1996 | FY 1995 | FY 1994 | FY 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | 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 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 |
| Revenue | $767K | $7K | $98K | $13K | $81K | $102K | $36K | $57K | $244K | $605K | $606K | $823K | $1.18M | $3.41M | $3.6M | $3.36M | $1.55M | $1.32M | $1.04M | $977K | $983K | $1.07M | $1.59M | $3.8M | $2.46M | $4.97M | $3.3M | $1.4M | $900K | $500K | $1.18M | $120K | $0 |
| YoY Growth | 10857.1% | -92.9% | 653.8% | -84.0% | -20.6% | 183.3% | -36.8% | -76.6% | -59.7% | -0.2% | -26.4% | -30.2% | -65.4% | -5.2% | 6.9% | 117.0% | 17.7% | 27.0% | 6.1% | -0.6% | -8.4% | -32.3% | -58.2% | 54.5% | -50.5% | 50.5% | 135.7% | 55.6% | 80.0% | -57.6% | 883.3% | - | - |
| Cost of Revenue | $196K | $5K | $62K | $81K | $61K | -$41K | $70K | $89K | $530K | $493K | $537K | $891K | $611K | $117K | $106K | $7K | $0 | $7K | $52K | $1.01M | $1.43M | $1.11M | $1.06M | $1.62M | $2.06M | $1.27M | $1.3M | $1.2M | -$400K | -$300K | $0 | $0 | $0 |
| Gross Profit | $571K | $2K | $36K | -$68K | $20K | $143K | -$34K | -$32K | -$286K | $112K | $69K | -$68K | $568K | $3.29M | $3.52M | $3.36M | $1.55M | $1.32M | $985K | -$34K | -$443K | -$36K | $524K | $2.17M | $394K | $3.69M | $2M | $200K | $1.3M | $800K | $1.18M | $120K | $0 |
| Gross Margin | 74.4% | 28.6% | 36.7% | -523.1% | 24.7% | 140.2% | -94.4% | -56.1% | -117.2% | 18.5% | 11.4% | -8.3% | 48.2% | 96.6% | 97.7% | 100.0% | 100.0% | 100.0% | 95.0% | -3.5% | -45.1% | -3.4% | 33.0% | 57.2% | 16.0% | 74.4% | 60.6% | 14.3% | 144.4% | 160.0% | 100.0% | 100.0% | - |
| Research and Development | $469K | $526K | $228K | $77K | $69K | $143K | $122K | $244K | $334K | $733K | $1.48M | $2.79M | $2.74M | $3.23M | $2.78M | $1.8M | $1.41M | $2.06M | $1.93M | $1.96M | $2.03M | $3.62M | $4.11M | $5.83M | $3.84M | $5.8M | $5.2M | $4.2M | $3.4M | $1.8M | $1.19M | $870K | $640K |
| Selling, General, and Administrative | $2.47M | $1.58M | $3.27M | $3.19M | $2.31M | $1.05M | $781K | $1.27M | $2.5M | $3.2M | $4.82M | $5.81M | $4.43M | $4.35M | $3.84M | $3.18M | $2M | $2.32M | $2.05M | $1.98M | $1.99M | $2.54M | $2.88M | $4.43M | $3.79M | $4.13M | $3.1M | $3M | $3.1M | $1.7M | $780K | $480K | $600K |
| Other | $0 | $0 | $0 | $16K | $0 | $0 | $0 | $0 | $18K | $0 | $0 | $0 | -$2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.57M | $3.21M | $0 | $0 | $0 | $458K | $400K | $500K | $400K | $300K | $0 | $0 | $0 |
| Total Operating Expenses | $2.94M | $2.11M | $3.49M | $3.27M | $2.38M | $1.2M | $903K | $1.52M | $2.83M | $3.93M | $6.3M | $8.6M | $7.17M | $7.57M | $10.27M | $4.99M | $3.41M | $4.38M | $3.98M | $4.41M | $1.45M | $9.37M | $6.99M | $10.26M | $7.63M | $10.4M | $8.7M | $7.7M | $7.2M | $3.8M | $1.97M | $1.35M | $1.24M |
| Operating Income (EBIT) | -$2.37M | -$2.11M | -$3.46M | -$3.33M | -$2.36M | -$1.05M | -$937K | -$1.55M | -$3.12M | -$3.82M | -$6.23M | -$8.67M | -$6.61M | -$4.28M | -$3.13M | -$1.62M | -$1.86M | -$3.07M | -$3.4M | -$2.98M | -$4.46M | -$9.41M | -$6.47M | -$8.09M | -$7.24M | -$6.7M | -$6.7M | -$7.5M | -$5.9M | -$3M | -$790K | -$1.22M | -$1.24M |
| Operating Margin | -309.3% | -30114.3% | -3527.6% | -25638.5% | -2916.0% | -1031.4% | -2602.8% | -2715.8% | -1279.1% | -631.4% | -1027.6% | -1053.3% | -560.3% | -125.5% | -87.1% | -48.2% | -120.0% | -232.9% | -328.1% | -304.9% | -453.9% | -876.9% | -407.9% | -212.9% | -294.3% | -134.9% | -203.0% | -535.7% | -655.6% | -600.0% | -66.9% | -1016.7% | - |
| Interest Expense | $617K | $381K | $278K | $582K | $1.15M | $1.06M | $1.41M | $1.76M | $1.11M | $1.9M | $1.32M | $979K | $45K | $72K | $80K | $1.23M | $3.98M | $1.89M | $1.21M | $709K | $177K | $920K | $328K | $0 | $0 | $0 | $0 | $0 | $0 | $100K | -$10K | -$140K | $0 |
| Interest Income | $0 | $3K | $6K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $91K | $254K | $334K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$824K | -$309K | -$32K | -$1.01M | $292K | $773K | -$984K | $2.56M | -$7.58M | -$150K | -$675K | -$1.21M | -$609K | -$72K | $112K | -$1.23M | -$4.35M | -$1.74M | $4.63M | $200K | -$306K | $170K | $3.86M | -$418K | $15K | $21K | $0 | $800K | $200K | $100K | $110K | -$130K | $20K |
| Income Before Tax (EBT) | -$3.2M | -$2.42M | -$3.49M | -$4.34M | -$2.07M | -$279K | -$1.92M | $1.02M | -$10.7M | -$3.97M | -$6.9M | -$9.88M | -$7.21M | -$4.35M | -$6.64M | -$2.85M | -$6.21M | -$4.81M | $1.23M | -$3.49M | -$2.2M | -$9.24M | -$2.61M | -$8.51M | -$7.22M | -$6.68M | $0 | -$6.7M | -$5.7M | -$2.9M | -$680K | -$1.35M | -$1.22M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $45K | $0 | $80K | $0 | $0 | $0 | $0 | $509K | $177K | $0 | $0 | $0 | -$269K | -$355K | -$100K | -$900K | $0 | $200K | $0 | $0 | $0 |
| Net Income | -$3.2M | -$2.42M | -$3.49M | -$4.34M | -$2.07M | -$279K | -$1.92M | $1.02M | -$10.7M | -$3.97M | -$6.9M | -$9.88M | -$7.21M | -$4.35M | -$6.64M | -$2.85M | -$6.21M | -$4.81M | $3.02M | -$4.95M | -$2.2M | -$9.24M | -$2.61M | -$8.51M | -$6.97M | -$6.35M | -$6.6M | -$6.6M | -$5.7M | -$3.2M | -$680K | -$1.35M | -$1.22M |
| Net Income Margin | -416.7% | -34528.6% | -3560.2% | -33392.3% | -2555.6% | -273.5% | -5336.1% | 1782.5% | -4383.6% | -656.2% | -1138.9% | -1200.9% | -612.0% | -127.7% | -184.7% | -84.6% | -400.8% | -365.2% | 290.8% | -506.4% | -223.7% | -861.0% | -164.6% | -223.9% | -283.4% | -127.8% | -200.0% | -471.4% | -633.3% | -640.0% | -57.6% | -1125.0% | - |
| Supplementary Data | |||||||||||||||||||||||||||||||||
| EPS | -0.04 | -0.05 | -0.07 | -0.15 | -0.18 | -0.04 | -0.58 | 1.95 | -1009.25 | -5974.88 | -3167666.67 | -4941500.00 | -10240000.00 | -4353000.00 | -101.80 | -2846000.00 | -24848.00 | -19240.00 | 12064.00 | -0.36 | -0.15 | -0.68 | -0.19 | -0.62 | -0.51 | -0.47 | -0.48 | -0.48 | -0.42 | -1600000.00 | -0.05 | -0.10 | -0.09 |
| Diluted EPS | -0.04 | -0.05 | -0.07 | -0.15 | -0.18 | -0.04 | -0.58 | 0.01 | -997.64 | -4748.80 | -3167666.67 | -4941500.00 | -10240000.00 | -4353000.00 | -8960000.00 | -2846000.00 | -24848.00 | -19240.00 | 12064.00 | -0.36 | -0.15 | -0.68 | -0.19 | -0.62 | -0.51 | -0.47 | -0.48 | -0.48 | -0.42 | -1600000.00 | -0.05 | -0.10 | -0.09 |
| Weighted Average OS | 78.41M | 57.34M | 51.13M | 32.51M | 13.38M | 10.77M | 3.30M | 462,000 | 11,000 | 836 | 3 | 0 | 0 | 57.43M | 0 | 0 | 16.83M | 14.44M | 250 | 13.63M | 13.63M | 13.63M | 13.63M | 13.63M | 13.63M | 13.63M | 13.63M | 13.63M | 13.63M | 13.11M | 13.63M | 13.63M | 13.63M |
| EBITDA | -$2.47M | -$1.94M | -$3.13M | -$3.69M | -$837K | $798K | -$488K | $2.81M | -$9.38M | -$852K | -$4.53M | -$8.42M | -$6.71M | -$3.92M | -$6.53M | -$1.61M | -$1.85M | -$2.91M | $2.45M | -$2.76M | -$1.78M | -$8.93M | -$5.91M | -$7.5M | -$6.88M | -$6.24M | -$6.3M | -$7M | -$5.5M | -$2.7M | -$580K | -$1.41M | -$1.22M |
| EBITDA Margin | -322.3% | -27728.6% | -3189.8% | -28361.5% | -1033.3% | 782.4% | -1355.6% | 4922.8% | -3843.0% | -140.8% | -747.7% | -1023.2% | -569.0% | -115.0% | -181.5% | -47.9% | -119.5% | -221.1% | 236.0% | -282.2% | -181.0% | -832.2% | -372.8% | -197.5% | -279.7% | -125.7% | -190.9% | -500.0% | -611.1% | -540.0% | -49.2% | -1175.0% | - |
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 | FY 1998 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | 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 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
| Assets | |||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $63K | $388K | $591K | $2.31M | $643K | $182K | $899K | $0 | $1K | $14K | $35K | $162K | $613K | $1.04M | $2.2M | $3.27M | $230K | $68K | $3K | $206K | $313K | $247K | $389K | $1.17M | $9.46M | $3.61M | $2.1M | $5M | $12.4M | $4.7M | $110K |
| 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 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $63K | $388K | $591K | $2.31M | $643K | $182K | $899K | $0 | $1K | $14K | $35K | $162K | $613K | $1.04M | $2.2M | $3.27M | $230K | $68K | $3K | $206K | $313K | $247K | $389K | $1.17M | $9.46M | $3.61M | $2.1M | $5M | $12.4M | $4.7M | $110K |
| Accounts Receivable | $4K | $3K | $7K | $6K | $46K | $24K | $13K | $13K | $3K | $0 | $190K | $338K | $133K | $107K | $117K | $85K | $132K | $164K | $167K | $111K | $378K | $1.34M | $816K | $291K | $1.23M | $1.26M | $1M | $700K | $600K | $0 | $220K |
| Inventory | $448K | $633K | $632K | $548K | $571K | $605K | $48K | $114K | $265K | $773K | $1.12M | $1.18M | $1.19M | $524K | $520K | $0 | $0 | $0 | $0 | $184K | $282K | $363K | $238K | $643K | $437K | $481K | $500K | $400K | $220K | $0 | $0 |
| Other Current Assets | $90K | $173K | $163K | $137K | $377K | $85K | $70K | $69K | $111K | $259K | $780K | $99K | $101K | $198K | $54K | $30K | $48K | $46K | $17K | $121K | $170K | $203K | $1.25M | $898K | $408K | $377K | $2.7M | $100K | $300K | $100K | $10K |
| Total Current Assets | $605K | $1.2M | $1.39M | $3M | $1.64M | $896K | $1.03M | $196K | $380K | $1.05M | $2.12M | $1.78M | $2.04M | $1.87M | $2.89M | $3.38M | $410K | $278K | $187K | $622K | $1.14M | $2.15M | $2.69M | $3M | $11.53M | $5.73M | $6.3M | $6.2M | $13.3M | $4.8M | $340K |
| Long-Term Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $702K | $164K | $259K | $345K | $386K | $454K | $132K | $21K | $49K | $126K | $318K | $587K | $920K | $1.27M | $1.03M | $37K | $4K | $11K | $18K | $568K | $540K | $573K | $494K | $546K | $513K | $894K | $800K | $1M | $900K | $600K | $300K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $299K | $113K | $23K | $0 | $0 | $0 | $0 | $3.53M | $3.85M | $5.72M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.59M | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.59M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $17K | $17K | $17K | $17K | $17K | -$454K | $18K | $19K | $60K | $320K | $121K | $665K | $356K | $331K | $386K | $200K | $262K | $563K | $772K | $51K | $67K | $83K | $0 | $77K | $557K | $528K | $600K | $500K | $800K | $500K | $110K |
| Total Long-Term Assets | $719K | $181K | $276K | $362K | $403K | $454K | $150K | $40K | $109K | $446K | $439K | $1.25M | $1.28M | $1.6M | $1.42M | $536K | $379K | $597K | $790K | $619K | $607K | $656K | $4.02M | $4.47M | $6.79M | $1.42M | $1.4M | $1.5M | $1.7M | $1.1M | $410K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.32M | $1.38M | $1.67M | $3.37M | $2.04M | $1.35M | $1.18M | $236K | $489K | $1.49M | $2.56M | $3.03M | $3.32M | $3.48M | $4.31M | $3.92M | $789K | $875K | $977K | $1.24M | $1.75M | $2.81M | $6.71M | $7.47M | $18.32M | $7.15M | $7.7M | $7.7M | $15M | $5.9M | $750K |
| Liabilities | |||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||
| Accounts Payable | $2.45M | $2.13M | $2.02M | $2.23M | $2.45M | $2.54M | $3.03M | $3.01M | $3.02M | $2.6M | $1.82M | $1.73M | $891K | $765K | $1.1M | $915K | $1.16M | $1.34M | $786K | $604K | $683K | $566K | $833K | $565K | $1.02M | $1.02M | $500K | $400K | $500K | $600K | $170K |
| Short-Term Debt | $2.2M | $1.94M | $1.3M | $809K | $1.14M | $3.33M | $5.3M | $4.76M | $4.64M | $4.03M | $1.57M | $1.83M | $144K | $502K | $417K | $639K | $8.7M | $4.24M | $583K | $1.85M | $381K | $381K | $1.02M | $700K | $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 | $0 | $0 | $0 |
| Current Unearned Revenue | $189K | $849K | $424K | $509K | $337K | $42K | $101K | $66K | $21K | $34K | $217K | $24K | $14K | $40K | $453K | $332K | $250K | $167K | $0 | $938K | $1.09M | $110K | $1.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $452K | $345K | $656K | $762K | $1.29M | $202K | $2.71M | $2.07M | $1.6M | $1.84M | $1.45M | $501K | $494K | $783K | $463K | $0 | -$74K | -$1.6M | $1.71M | $7.23M | $5.72M | $3.46M | $1.6M | $0 | $0 | $1.26M | $1.1M | $400K | $800K | $300K | $620K |
| Total Current Liabilities | $6.64M | $6.16M | $4.81M | $4.87M | $5.69M | $8.96M | $12.41M | $10.99M | $11.93M | $9.34M | $5.52M | $4.6M | $1.77M | $2.35M | $2.73M | $2.77M | $12.76M | $4.93M | $3.78M | $10.66M | $7.27M | $4.58M | $4.65M | $1.93M | $2.21M | $2.28M | $1.6M | $800K | $1.3M | $900K | $790K |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | $43K | $63K | $511K | $1.13M | $1.38M | $623K | $584K | $340K | $0 | $0 | $0 | $823K | $103K | $0 | $4K | $31K | $0 | $3.58M | $2.12M | $1.92M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $300K | $300K | $0 |
| 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 | $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 | $1.59M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $5K | $86K | $2.23M | $5.09M | $4.73M | $7.96M | $1.42M | $2.61M | $2.07M | $1.55M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $646K | $1.92M | $3.65M | $4.71M | $5.15M | $381K | $5.6M | $100K | -$100K | -$100K | $0 |
| Total Long-Term Liabilities | $694K | $112K | $666K | $1.38M | $1.79M | $3.24M | $5.71M | $5.07M | $7.96M | $1.42M | $2.61M | $2.89M | $1.65M | $0 | $4K | $31K | $0 | $3.58M | $2.12M | $1.92M | $646K | $1.92M | $3.65M | $4.71M | $6.74M | $381K | $5.6M | $100K | $200K | $200K | $0 |
| 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 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $7.33M | $6.27M | $5.47M | $6.25M | $7.49M | $12.21M | $18.11M | $16.06M | $19.89M | $10.76M | $8.13M | $7.5M | $3.42M | $2.35M | $2.73M | $2.8M | $12.76M | $8.52M | $5.91M | $12.58M | $7.92M | $6.5M | $8.3M | $6.64M | $8.95M | $2.66M | $7.2M | $900K | $1.5M | $1.1M | $790K |
| Stockholders' Equity | |||||||||||||||||||||||||||||||
| Preferred Stock | $1.62M | $3M | $3.02M | $3.08M | $6.87M | $2.72M | $806K | $806K | $1.06M | $1.3M | $2.05M | $678K | $1.14M | $0 | $0 | $0 | $1.96M | $3.07M | $3.9M | $4.51M | $4.56M | $4.56M | $1.25M | $1.19M | $1.13M | $5.58M | $0 | $10K | $500K | $0 | $0 |
| Common Stock | $3.47M | $3.45M | $3.44M | $3.44M | $3.4M | $3.4M | $3.39M | $2.88M | $791K | $742K | $236K | $97K | $71K | $62K | $52K | $47K | $20K | $16K | $13K | $12K | $12K | $12K | $11K | $11K | $11K | $9K | $10K | $10K | $10K | $0 | $0 |
| Retained Earnings | -$157.06M | -$153.71M | -$151.12M | -$147.36M | -$142.39M | -$139.96M | -$139.56M | -$137.63M | -$138.53M | -$127.56M | -$122.56M | -$113.06M | -$103.03M | -$92.1M | -$85.09M | -$78.44M | -$75.6M | -$69.41M | -$64.6M | -$67.61M | -$62.32M | -$60.81M | -$51.01M | -$48.1M | -$39.28M | -$32M | -$25.3M | -$18.8M | -$12.1M | -$6.4M | -$3.24M |
| Comprehensive Income & Other | $0 | $0 | -$0 | -$0 | -$0 | -$0 | -$0 | -$0 | -$0 | $0 | $0 | -$1.85M | -$1.41M | $0 | $0 | -$1.89M | $0 | -$1.91M | $0 | -$2.03M | -$4K | -$42K | -$69K | -$135K | -$50K | -$31K | -$1.12M | -$840K | -$510K | -$270K | -$150K |
| Other Stockholders' Equity | $147.58M | $145.37M | $143.87M | $141.04M | $133.54M | $125.7M | $119.23M | $118.93M | $118.34M | $117.55M | $116.77M | $108.5M | $102.85M | $93.17M | $86.51M | $79.41M | $63.5M | $61.75M | $59.66M | $56.26M | $56.14M | $57.1M | $49.42M | $48.92M | $48.64M | $36.48M | $25.79M | $25.59M | $25.59M | $11.2M | $3.2M |
| Total Equity | -$6.01M | -$4.89M | -$3.81M | -$2.88M | -$5.45M | -$10.86M | -$16.93M | -$15.82M | -$19.4M | -$9.27M | -$5.56M | -$4.46M | -$107K | $1.13M | $1.47M | $1.01M | -$12.08M | -$7.64M | -$4.93M | -$11.34M | -$6.17M | -$3.69M | -$1.58M | $836K | $9.37M | $4.49M | $500K | $6.8M | $13.5M | $4.8M | -$40K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $104K | $104K | $104K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.32M | $1.38M | $1.67M | $3.37M | $2.04M | $1.35M | $1.18M | $236K | $489K | $1.49M | $2.56M | $3.03M | $3.32M | $3.48M | $4.21M | $3.81M | $685K | $875K | $977K | $1.24M | $1.75M | $2.81M | $6.71M | $7.47M | $18.32M | $7.15M | $7.7M | $7.7M | $15M | $5.9M | $750K |
| Supplementary Data | |||||||||||||||||||||||||||||||
| Total Debt | $2.94M | $2.16M | $2.06M | $2.26M | $2.9M | $4.41M | $6.02M | $5.1M | $4.64M | $4.03M | $1.57M | $2.65M | $247K | $502K | $421K | $645K | $8.7M | $4.24M | $2.71M | $3.77M | $381K | $380K | $1.02M | $700K | $0 | $0 | $0 | $0 | $300K | $300K | $480K |
| Net Debt | $2.88M | $1.77M | $1.47M | -$50K | $2.26M | $4.22M | $5.12M | $5.1M | $4.64M | $4.02M | $1.54M | $2.49M | -$366K | -$542K | -$1.78M | -$2.62M | $8.47M | $4.17M | $2.7M | $3.56M | $68K | $133K | $628K | -$465K | -$9.46M | -$3.61M | -$2.1M | -$5M | -$12.1M | -$4.4M | $370K |
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 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | 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 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 |
| Operating Activities | ||||||||||||||||||||||||||||||||
| Net Income | -$3.2M | -$2.42M | -$3.49M | -$4.34M | -$2.07M | -$279K | -$1.92M | $1.02M | -$10.7M | -$3.97M | -$6.9M | -$9.88M | -$7.21M | -$4.35M | -$6.64M | -$2.85M | -$6.21M | -$4.81M | $930K | -$4.95M | -$2.07M | -$9.24M | -$2.61M | -$8.51M | -$6.97M | -$6.35M | -$6.6M | -$6.6M | -$5.7M | -$3.2M | -$680K | -$1.35M |
| Depreciation & Amortization | $107K | $95K | $85K | $72K | $83K | $21K | $21K | $27K | $213K | $1.22M | $1.05M | $483K | $461K | $361K | $34K | $7K | $7K | $7K | $9K | $49K | $114K | $479K | $556K | $587K | $360K | $458K | $400K | $500K | $400K | $300K | $110K | $80K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $223K | $0 | -$380K | -$4.27M | $0 | $221K | $19K | $1.15M | $7K | -$3K | $6.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $377K | $120K | $1.81M | $1.38M | $228K | $310K | $8K | $44K | $59K | $95K | $1.41M | $886K | $824K | $645K | $870K | $1.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||||
| Accounts Receivable | -$7K | $6K | -$3K | $16K | -$22K | -$23K | $1.15M | -$10K | -$9K | -$31K | $129K | -$267K | -$33K | $13K | -$50K | $47K | $16K | $4K | -$56K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $185K | -$1K | -$84K | -$58K | $33K | -$483K | $66K | $151K | $508K | $345K | $61K | $14K | -$669K | -$4K | -$520K | $0 | $0 | $0 | $0 | $5K | $81K | -$125K | $405K | -$206K | $44K | $60K | -$100K | -$200K | $0 | $0 | $0 | $0 |
| Accounts Payable | $1.36M | $545K | $43K | $123K | -$229K | -$372K | $20K | -$6K | $420K | $775K | $91K | $842K | $126K | -$337K | $187K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$552K | $453K | -$61K | $468K | $296K | $95K | $35K | $850K | $1.7M | $1.22M | $665K | $562K | $269K | $11K | -$251K | -$41K | $847K | $1.59M | $784K | $1.14M | $899K | $280K | -$174K | -$411K | $55K | $224K | $300K | -$200K | $0 | $0 | -$450K | $0 |
| Total Working Capital Change | $989K | $1M | -$105K | $548K | $78K | -$783K | $1.27M | $985K | $2.62M | $2.31M | $946K | $1.15M | -$307K | -$317K | -$634K | $6K | $863K | $1.59M | $728K | $1.14M | $980K | $155K | $231K | -$617K | $99K | $284K | $200K | -$400K | -$700K | $400K | -$450K | $610K |
| Other Non-Cash Items | $655K | $80K | -$43K | $861K | -$133K | -$1.14M | $197K | $835K | $6.66M | -$1.68M | -$568K | -$65K | $674K | $1K | -$3.02M | $1.33M | $3.92M | $1.3M | -$5.61M | $184K | -$2.53M | $3.19M | $437K | $631K | $116K | $0 | $200K | -$500K | -$100K | $100K | -$110K | $70K |
| Net Cash from Operating | -$1.07M | -$1.12M | -$1.75M | -$1.48M | -$1.59M | -$1.88M | -$806K | -$1.36M | -$1.14M | -$1.8M | -$4.04M | -$6.28M | -$5.56M | -$3.67M | -$2.73M | -$347K | -$1.42M | -$1.91M | -$3.94M | -$3.58M | -$3.51M | -$5.41M | -$1.39M | -$7.9M | -$6.39M | -$5.61M | -$5.8M | -$7M | -$6.1M | -$2.4M | -$1.13M | -$590K |
| Investing Activities | ||||||||||||||||||||||||||||||||
| Capital Expenditures | -$2K | $0 | $0 | -$31K | -$14K | -$1K | $0 | $0 | $0 | $0 | -$8K | -$150K | -$107K | -$552K | -$704K | -$186K | -$90K | $0 | -$27K | -$73K | -$68K | -$205K | -$202K | -$290K | -$90K | -$440K | -$300K | -$300K | -$600K | -$400K | -$210K | -$80K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.69M | $0 | $0 | $0 | $0 | -$18K | $198K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$40K | -$110K | $0 | $0 | $0 | $3.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$300K | $0 | $0 |
| Net Cash from Investing | -$2K | $0 | $0 | -$31K | -$14K | -$1K | $0 | $0 | $0 | $0 | -$8K | -$150K | -$107K | -$552K | -$704K | -$226K | -$200K | $0 | $2.66M | -$73K | $3.53M | -$205K | -$202K | -$308K | $108K | -$440K | -$300K | -$300K | -$600K | -$700K | -$210K | -$80K |
| Financing Activities | ||||||||||||||||||||||||||||||||
| Debt Repaid | -$208K | -$110K | $412K | $540K | -$1.25M | $582K | -$1.07M | -$1.19M | $441K | -$1.73M | $637K | -$4.61M | -$115K | $39K | $215K | $23K | - | -$1.97M | -$2.79M | - | $96K | - | -$1.02M | - | - | - | - | - | - | -$1.2M | - | - |
| Common Stock Issuance | $567K | $835K | $436K | $1.39M | $2.1M | $1.74M | $635K | $170K | $1.57M | $50K | $720K | $1.73M | $2.21M | $0 | $1.77M | $3.06M | $0 | $3K | $1K | $4K | $41K | $5.79M | $27K | $70K | $12.2M | $7.54M | $2.9M | $100K | $14.4M | $6.3M | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | -$125K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$38K | $0 | $0 | $0 | $0 | $0 | $10K | $10K |
| Dividends Paid | $0 | -$174K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$299K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $120K | $145K | $436K | $2.33M | $819K | $0 | -$635K | -$192K | $0 | $0 | $143K | $1.38M | $2.9M | $3.19M | $818K | $478K | $412K | $0 | -$520K | $0 | $0 | $0 | -$54K | -$29K | -$29K | -$29K | $400K | $0 | $0 | $300K | $510K | $1.19M |
| Net Cash from Financing | $745K | $916K | $24K | $3.18M | $2.07M | $1.16M | $1.71M | $1.36M | $1.13M | $1.78M | $3.92M | $5.98M | $5.23M | $3.06M | $2.37M | $3.61M | $1.78M | $1.97M | $1.08M | $3.54M | $41K | $5.48M | $691K | $41K | $12.13M | $7.51M | $3.3M | $100K | $14.4M | $7.8M | $510K | $1.19M |
| 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 | -$100K | $7.3M | $6.7M | $3.1M | $0 | $0 |
| Net Change in Cash | -$325K | -$203K | -$1.72M | $1.67M | $461K | -$717K | $899K | -$1K | -$13K | -$21K | -$127K | -$451K | -$432K | -$1.16M | -$1.07M | $3.04M | $162K | $65K | -$203K | -$107K | $66K | -$142K | -$898K | -$8.17M | $5.85M | $1.47M | -$2.9M | $100K | $14.4M | $7.8M | -$830K | $520K |
| Supplementary Data | ||||||||||||||||||||||||||||||||
| Operating Cash Flow | -$1.07M | -$1.12M | -$1.75M | -$1.48M | -$1.59M | -$1.88M | -$806K | -$1.36M | -$1.14M | -$1.8M | -$4.04M | -$6.28M | -$5.56M | -$3.67M | -$2.73M | -$347K | -$1.42M | -$1.91M | -$3.94M | -$3.58M | -$3.51M | -$5.41M | -$1.39M | -$7.9M | -$6.39M | -$5.61M | -$5.8M | -$7M | -$6.1M | -$2.4M | -$1.13M | -$590K |
| Capital Expenditure | -$2K | $0 | $0 | -$31K | -$14K | -$1K | $0 | $0 | $0 | $0 | -$8K | -$150K | -$107K | -$552K | -$704K | -$186K | -$90K | $0 | -$27K | -$73K | -$68K | -$205K | -$202K | -$290K | -$90K | -$440K | -$300K | -$300K | -$600K | -$400K | -$210K | -$80K |
| Free Cash Flow | -$1.07M | -$1.12M | -$1.75M | -$1.51M | -$1.61M | -$1.88M | -$806K | -$1.36M | -$1.14M | -$1.8M | -$4.05M | -$6.43M | -$5.66M | -$4.22M | -$3.44M | -$533K | -$1.51M | -$1.91M | -$3.97M | -$3.65M | -$3.58M | -$5.62M | -$1.59M | -$8.19M | -$6.48M | -$6.04M | -$6.1M | -$7.3M | -$6.7M | -$2.8M | -$1.34M | -$670K |
| Cash at Beginning | $388K | $591K | $2.31M | $643K | $182K | $899K | $0 | $1K | $14K | $35K | $162K | $613K | $1.04M | $2.2M | $3.27M | $230K | $68K | $3K | $206K | $313K | $247K | $389K | $1.29M | $9.46M | $3.61M | $2.14M | $5M | $12.1M | $4.7M | $100K | $0 | $0 |
| Cash at End | $63K | $388K | $591K | $2.31M | $643K | $182K | $899K | $0 | $1K | $14K | $35K | $162K | $613K | $1.04M | $2.2M | $3.27M | $230K | $68K | $3K | $206K | $313K | $247K | $389K | $1.29M | $9.46M | $3.61M | $2.1M | $12.2M | $19.1M | $7.9M | -$830K | $520K |