Hannan Metals Ltd. (HANNF)
Hannan Metals Ltd. is a junior mineral exploration company, which engages in the acquisition, evaluation, and exploration of properties. Its projects include San Martin JV, Valiente Copper-Gold, and Clare. It operates through the following geographical segments: Canada, Ireland, and Peru. The company was founded by Michael Robert Hudson on November 23, 2004 and is headquartered in Vancouver, Canada.
Sector: Metal Mining
Industry: Other Precious Metals
Hannan Metals Ltd.
OTC:HANNFBasic Materials · Other Precious Metals
+3.56%$0.4453
Mkt Cap$69.56M
Float137M
O/S156.2M
Inst Own-
SI0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$1.11M
Total Assets$15.07M
Free Cash Flow-$956K
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$14.86M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:10Reverse splitJan 6, 201210 shares → 1
Balance Sheet Details
Assets$15.07M
Liabilities$205K
Accounts Receivable$57K
Accounts Payable$0
Inventory$0
PP&E (Net)$99K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 | 2013-05-31 | 2012-05-31 | 2011-05-31 | 2010-05-31 | 2009-05-31 | 2008-05-31 | 2007-05-31 | 2006-05-31 | 2005-05-31 | 2004-05-31 | 2003-05-31 | 2002-05-31 | 2001-05-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $71K | $22K | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 226.6% | - | - | - |
| Cost of Revenue | $23K | $6K | $4K | $3K | $5K | $11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18K | $0 | $0 | $0 | $20K | $3K | $0 | $0 |
| Gross Profit | -$23K | -$6K | -$4K | -$3K | -$5K | -$11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$18K | $0 | $0 | $0 | $50K | $18K | $0 | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 70.9% | 85.5% | - | - |
| 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 | $1.18M | $679K | $1.22M | $880K | $448K | $721K | $797K | $693K | $741K | $435K | $77K | $64K | $70K | $148K | $235K | $248K | $739K | $1.89M | $2.83M | $1.36M | $843K | $113K | $57K | $64K | $224K | $31K |
| Other | $0 | $499K | $259K | $281K | $188K | $357K | $29K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $145K | $342K | -$347K | $568K | $0 | $0 | $0 | $0 | -$52K | $0 | $0 |
| Total Operating Expenses | $1.18M | $679K | $1.22M | $1.16M | $636K | $1.08M | $826K | $716K | $786K | $466K | $88K | $76K | $88K | $186K | $356K | $289K | $777K | $1.94M | $2.92M | $1.43M | $843K | $88K | $50K | $18K | $524K | $31K |
| Operating Income (EBIT) | -$1.2M | -$679K | -$1.22M | -$1.07M | -$550K | -$879K | -$797K | -$693K | -$741K | -$435K | -$77K | -$64K | -$70K | -$176K | -$355K | $228K | -$420K | $6.21M | -$5.36M | -$1.43M | -$843K | -$88K | -$38K | -$216K | -$524K | -$31K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -54.5% | -998.6% | - | - |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $1K | $12K | $14K | $14K | $16K | $20K | $27K | $8K | $185K | $212K | $277K | $314K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $91K | $76K | $64K | $61K | $12K | $8K | $6K | $8K | $16K | $3K | $434 | $552 | $1K | $0 | $957 | $408 | $15K | $13K | $95K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $84K | -$754K | -$2.85M | -$140K | -$78K | -$257K | -$33K | -$34K | -$9K | -$50K | -$31K | -$78K | $2.17M | -$101K | $459K | -$2.22M | -$21.99M | -$8.49M | -$1.75M | -$92K | -$23K | $22K | $40K | $216K | -$258K | -$321K |
| Income Before Tax (EBT) | -$1.11M | -$1.43M | -$4.07M | -$1.21M | -$628K | -$1.14M | -$830K | -$727K | -$794K | -$485K | -$107K | -$143K | $2.1M | -$277K | -$108K | -$2.41M | -$22.41M | -$10.42M | -$7.22M | -$1.52M | -$866K | -$66K | $125K | -$684K | -$783K | -$352K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$762K | $0 | $0 | $0 | $0 | $0 | $0 | -$420K | -$3.66M | -$2.15M | -$2.53M | -$68K | -$6K | $11K | -$3K | -$1 | -$337K | $22K |
| Net Income | -$1.11M | -$1.43M | -$4.07M | -$1.21M | -$628K | -$1.14M | -$830K | -$727K | -$794K | -$485K | -$107K | -$143K | $2.1M | -$277K | -$108K | -$1.99M | -$18.75M | -$8.27M | -$4.69M | -$1.45M | -$860K | -$78K | $128K | -$765K | -$446K | -$22K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 181.1% | -3541.6% | - | - |
| Supplementary Data | ||||||||||||||||||||||||||
| EPS | -0.01 | -0.02 | -0.05 | -0.02 | -0.01 | -0.02 | -0.02 | -0.02 | -0.03 | -0.04 | -0.01 | -0.03 | 0.74 | -0.18 | -0.07 | -1.27 | -11.95 | -5.54 | -5.30 | -4.16 | -3.86 | -2.96 | 4.61 | -20.10 | -15.35 | -1.54 |
| Diluted EPS | -0.01 | -0.02 | -0.05 | -0.02 | -0.01 | -0.02 | -0.02 | -0.02 | -0.03 | -0.04 | -0.01 | -0.03 | 0.74 | -0.18 | -0.07 | -1.27 | -11.95 | -5.54 | -5.30 | -4.16 | -3.86 | -2.96 | 4.61 | -20.10 | -15.35 | -1.54 |
| Weighted Average OS | 135.54M | 100.54M | 109.37M | 99.63M | 91.42M | 80.93M | 60.09M | 47.42M | 37.49M | 16.73M | 10.46M | 5.75M | 3.99M | 2.20M | 2.20M | 2.20M | 2.20M | 2.09M | 1.24M | 489,422 | 312,950 | 36,749 | 38,828 | 47,772 | 40,683 | 20,210 |
| EBITDA | -$1.18M | -$679K | -$4.13M | -$1.21M | -$550K | -$879K | $309 | $345 | -$181 | $231 | -$77K | -$64K | -$70K | -$186K | -$355K | -$282K | -$400K | -$2.22M | -$414K | -$1.39M | -$833K | -$88K | -$7K | -$216K | -$483K | -$31K |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -9.8% | -998.6% | - | - |
Balance Sheet
| Period | FY 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 | 2013-05-31 | 2012-05-31 | 2011-05-31 | 2010-05-31 | 2009-05-31 | 2008-05-31 | 2007-05-31 | 2006-05-31 | 2005-05-31 | 2004-05-31 | 2003-05-31 | 2002-05-31 | 2001-05-31 |
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash and Cash Equivalents | $4.63M | $1.62M | $674K | $2.37M | $1.69M | $1.28M | $1.21M | $265K | $341K | $836K | $28K | $54K | $39K | $395 | $30K | $175K | $466K | $662K | $587K | $2.55M | $896K | $23K | $72K | $26K | $107K | $226K |
| 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 | $4.63M | $1.62M | $674K | $2.37M | $1.69M | $1.28M | $1.21M | $265K | $341K | $836K | $28K | $54K | $39K | $395 | $30K | $175K | $466K | $662K | $587K | $2.55M | $896K | $23K | $72K | $26K | $107K | $226K |
| Accounts Receivable | $57K | $4K | $8K | $17K | $5K | $12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6K | $2K | $2K | $42K | $6K | $18K | $37K | $10K | $947 | $7K | $7K | $22K | $174K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$305 | -$96 | -$6K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $7K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $4.89M | $1.86M | $758K | $2.45M | $1.74M | $1.35M | $1.27M | $300K | $375K | $907K | $31K | $60K | $42K | $9K | $40K | $181K | $513K | $675K | $705K | $2.65M | $932K | $42K | $79K | $33K | $129K | $241K |
| Long-Term Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $99K | $6.06M | $4.15M | $5.89M | $4.21M | $3.82M | $3.32M | $3M | $2.52M | $1.12M | $0 | $0 | $0 | $0 | $1 | $1 | $2.13M | $23.73M | $28.77M | $1.22M | $675K | $0 | $0 | $46K | $348K | $123K |
| 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 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $262K | $183K | $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 |
| Other Long-Term Assets | $10.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $288K | $0 | $0 | $0 | $11K | $396K | $308K |
| Total Long-Term Assets | $10.18M | $6.06M | $4.15M | $5.89M | $4.21M | $3.82M | $3.32M | $3M | $2.52M | $1.12M | $0 | $0 | $0 | $0 | $1 | $1 | $2.13M | $23.99M | $28.96M | $1.51M | $675K | $20K | $19K | $58K | $743K | $431K |
| 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 | -$431K |
| Total Assets | $15.07M | $7.92M | $4.9M | $8.34M | $5.95M | $5.17M | $4.6M | $3.3M | $2.9M | $2.03M | $31K | $60K | $42K | $9K | $40K | $181K | $2.65M | $24.66M | $29.66M | $4.17M | $1.61M | $61K | $98K | $91K | $873K | $241K |
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payable | $0 | $218K | $123K | $138K | $78K | $21K | $28K | $60K | $124K | $62K | $143 | $482 | $155 | $292K | $287K | $0 | $0 | $0 | $526K | $243K | $111K | $76K | $11K | $156K | $207K | $38K |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $153K | $0 | $0 | $796K | $0 | $0 | $366K | $2.63M | $475K | $2.29M | $2.47M | $1.64M | $3.47M | $0 | $0 | $298K | $91K | $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 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$62K | $0 | $0 | -$155 | $1.8M | -$287K | $0 | $0 | $0 | $0 | $0 | $0 | -$298K | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $205K | $159K | $109K | $24K | $36K | $36K | $44K | $94K | $95K | $98K | $0 | $0 | $284K | -$2K | $0 | $430K | $307K | -$1.61M | -$3.42M | $0 | $0 | -$347K | -$91K | $0 | $0 | -$26K |
| Total Current Liabilities | $205K | $218K | $232K | $248K | $202K | $170K | $335K | $210K | $275K | $1.01M | $110K | $74K | $691K | $3K | $2.4M | $2.72M | $2.78M | $2.04M | $3.99M | $243K | $111K | $27K | $102K | $157K | $207K | $12K |
| Long-Term Liabilities | ||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $244K | $230K | $215K | $377K | $365K | $0 | $0 | $0 | $0 | $0 | $370K | $920K | $0 | $0 | $18K | $0 | $0 | $0 | $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 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $420K | $4.08M | $5.81M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $32K | $91K | $71K | $64K | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $244K | $230K | $215K | $377K | $365K | $0 | $0 | $0 | $0 | $420K | $4.45M | $6.73M | $0 | $0 | $50K | $91K | $71K | $64K | $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 | -$91K | $0 | $0 | $0 |
| Total Liabilities | $205K | $218K | $232K | $248K | $202K | $170K | $335K | $454K | $505K | $1.23M | $487K | $439K | $691K | $2.92M | $2.4M | $2.72M | $3.2M | $6.49M | $10.73M | $243K | $111K | $77K | $102K | $228K | $271K | $12K |
| 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 |
| Common Stock | $26.39M | $17.83M | $13.86M | $13.77M | $10.68M | $9.28M | $7.45M | $5.61M | $4.48M | $33.61M | $31.98M | $31.96M | $31.55M | $31.39M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $253K |
| Retained Earnings | -$15.83M | -$14.72M | -$13.29M | -$9.22M | -$8M | -$7.37M | -$6.24M | -$5.41M | -$4.68M | -$35.28M | -$34.79M | -$34.69M | -$34.54M | -$36.66M | -$36.38M | -$36.27M | -$34.29M | -$15.54M | -$7.27M | -$2.58M | -$1.12M | -$1.33M | -$1.25M | -$1.22M | -$600K | -$23K |
| Comprehensive Income & Other | $4.3M | $3.34M | $4.11M | $3.54M | $3.07M | $3.09M | $3.05M | $2.64M | $2.59M | $2.47M | $2.36M | $2.34M | $2.34M | $2.34M | $2.34M | $2.32M | $0 | $0 | $0 | $0 | $0 | $13K | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $4.3M | $4.6M | $4.11M | $3.54M | $3.07M | $3.09M | $3.05M | $2.64M | $2.59M | $2.47M | $2.36M | $2.34M | $2.34M | $2.36M | $34.02M | $33.73M | $33.73M | $33.71M | $26.21M | $6.5M | $2.62M | $1.31M | $1.25M | $1.09M | $1.2M | -$1 |
| Total Equity | $14.86M | $7.7M | $4.67M | $8.09M | $5.75M | $5M | $4.26M | $2.85M | $2.39M | $802K | -$456K | -$379K | -$649K | -$2.91M | -$2.36M | -$2.54M | -$554K | $18.17M | $18.93M | $3.92M | $1.5M | -$16K | -$4K | -$137K | $602K | $229K |
| 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 | $15.07M | $7.92M | $4.9M | $8.34M | $5.95M | $5.17M | $4.6M | $3.3M | $2.9M | $2.03M | $31K | $60K | $42K | $9K | $40K | $181K | $2.65M | $24.66M | $29.66M | $4.17M | $1.61M | $61K | $98K | $91K | $873K | $241K |
| Supplementary Data | ||||||||||||||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $153K | $244K | $230K | $1.01M | $377K | $365K | $650K | $524K | $1.75M | $2.29M | $2.47M | $399K | $4.39M | $0 | $0 | $316K | $91K | $0 | $0 | $0 |
| Net Debt | -$4.63M | -$1.62M | -$674K | -$2.37M | -$1.69M | -$1.28M | -$1.05M | -$21K | -$111K | $175K | $349K | $312K | $611K | $524K | $1.72M | $2.12M | $2.01M | -$263K | $3.8M | -$2.55M | -$896K | $293K | $19K | -$26K | -$107K | -$226K |
Cash Flow Statement
| Period | FY 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 | 2013-05-31 | 2012-05-31 | 2011-05-31 | 2010-05-31 | 2009-05-31 | 2008-05-31 | 2007-05-31 | 2006-05-31 | 2005-05-31 | 2004-05-31 | 2003-05-31 | 2002-05-31 | 2001-05-31 |
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | -$1.11M | -$1.43M | -$4.07M | -$1.21M | -$628K | -$1.14M | -$830K | -$727K | -$794K | -$485K | -$107K | -$143K | $2.1M | -$277K | -$108K | -$1.99M | -$18.75M | -$8.27M | -$4.69M | -$1.45M | -$860K | -$78K | $128K | -$684K | -$445K | -$22K |
| Depreciation & Amortization | $23K | $6K | $4K | $3K | $5K | $11K | $797K | $693K | $759K | $447K | $0 | $0 | $70 | $0 | $0 | $7K | $20K | $50K | $76K | $33K | $10K | $0 | $31K | $377K | $42K | $40K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$57K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$420K | -$3.66M | -$2.15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $590K | $605K | $482K | $55K | $153K | $404K | $56K | $80K | $107K | $19K | $0 | $0 | $0 | $17K | $146K | $2K | $586K | $1.07M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||
| Accounts Receivable | -$53K | $4K | $9K | -$12K | $7K | -$5K | $661 | -$3K | $46K | -$23K | $219 | $0 | $0 | -$4K | -$521 | $40K | -$35K | $13K | $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 | $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 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $26K | -$131K | -$65K | $16K | $44K | $12K | -$40K | $41K | -$7K | $32K | $40K | -$4 | $6 | $10K | $55K | -$118K | -$23K | $0 | $0 | $0 | $0 | $0 | $0 | -$31K | $0 | $2K |
| Total Working Capital Change | -$28K | -$127K | -$57K | $4K | $50K | $7K | -$40K | $38K | $39K | $9K | $40K | $29K | -$9K | $6K | $54K | -$78K | -$59K | $129K | -$164K | -$22K | $3K | -$7K | -$30 | -$31K | $251K | $2K |
| Other Non-Cash Items | $223K | $429K | $2.91M | $136K | $57K | $1K | -$785K | -$679K | -$787K | -$405K | $20K | $68K | -$2.19M | $204K | -$307K | $2.13M | $21.74M | $8.56M | $2.91M | $396K | $193K | -$3K | -$157K | $271K | $258K | $2 |
| Net Cash from Operating | -$895K | -$964K | -$613K | -$589K | -$518K | -$963K | -$453K | -$619K | -$703K | -$327K | -$28K | -$46K | -$96K | -$68K | -$344K | -$346K | -$708K | -$1.1M | -$1.87M | -$1.04M | -$654K | -$87K | $2K | -$68K | $105K | -$20K |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | -$4.23M | -$46K | -$8K | -$1.82M | -$391K | -$508K | -$325K | -$582K | -$754K | -$50K | $0 | $0 | $0 | $0 | $0 | -$11K | -$2K | -$1.24M | -$4.19M | -$373K | -$251K | $0 | -$43K | -$152K | -$313K | -$38K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$15K | $0 | $0 | $0 | $7K | $0 | $0 | $0 | -$634K | -$4.76M | $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 | -$78K | $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 | $31K | $0 | $14K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | -$1.92M | -$1.12M | $0 | $0 | $0 | $0 | -$582K | -$1.34M | -$48K | $0 | $0 | $0 | $7 | -$9K | -$8K | $141K | $33K | -$76K | -$197K | $127K | $24K | $67K | $145K | -$202K | -$125K |
| Net Cash from Investing | -$4.23M | -$1.96M | -$1.13M | -$1.82M | -$391K | -$508K | -$325K | -$582K | -$2.1M | -$113K | $0 | $0 | $0 | $7K | -$9K | -$8K | $170K | -$1.92M | -$9.02M | -$571K | -$124K | $24K | $24K | -$7K | -$515K | -$94K |
| Financing Activities | ||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | $154K | $103K | - | - | $388K | $8K | $352K | -$330K | - | - | -$63K | -$342K | $3.83M | $384K | - | $13K | -$239K | -$20K | - | - | - |
| Common Stock Issuance | $8.17M | $3.89M | $49K | $3.11M | $1.32M | $1.73M | $1.98M | $1.15M | $2.37M | $1.68M | $11K | $415K | $163K | $0 | $0 | $0 | $0 | $7.13M | $10.07M | $3.32M | $1.77M | $3K | $0 | $8K | $0 | $219K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$208K | -$764K | $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 |
| Other Financing Activities | $0 | -$19K | $0 | -$30K | $0 | -$29K | -$163K | -$22K | -$69K | -$46K | $0 | -$2K | -$359K | $31K | $208K | $0 | $0 | $0 | $0 | -$53K | -$96K | -$228K | $0 | -$2K | $124K | -$746 |
| Net Cash from Financing | $8.17M | $3.88M | $49K | $3.08M | $1.32M | $1.55M | $1.72M | $1.12M | $2.3M | $1.25M | $3K | $60K | $135K | $31K | $208K | $63K | $342K | $3.09M | $8.93M | $3.27M | $1.66M | $14K | $20K | $5K | $124K | $100K |
| Forex Effect | -$6K | $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 | $3.04M | $947K | -$1.69M | $671K | $411K | $78K | $940K | -$76K | -$495K | $808K | -$25K | $15K | $39K | -$30K | -$145K | -$291K | -$196K | $75K | -$1.97M | $1.66M | $880K | -$49K | $46K | -$70K | -$286K | $80K |
| Supplementary Data | ||||||||||||||||||||||||||
| Operating Cash Flow | -$895K | -$964K | -$613K | -$589K | -$518K | -$963K | -$453K | -$619K | -$703K | -$327K | -$28K | -$46K | -$96K | -$68K | -$344K | -$346K | -$708K | -$1.1M | -$1.87M | -$1.04M | -$654K | -$87K | $2K | -$68K | $105K | -$20K |
| Capital Expenditure | -$61K | -$46K | -$1.13M | -$1.82M | -$391K | -$508K | -$325K | -$582K | -$754K | -$50K | $0 | $0 | $0 | $0 | $0 | -$11K | -$2K | -$1.24M | -$4.19M | -$373K | -$251K | $0 | -$43K | -$152K | -$313K | -$38K |
| Free Cash Flow | -$956K | -$1.01M | -$1.74M | -$2.41M | -$909K | -$1.47M | -$778K | -$1.2M | -$1.46M | -$377K | -$28K | -$46K | -$96K | -$68K | -$344K | -$356K | -$710K | -$2.34M | -$6.06M | -$1.42M | -$905K | -$87K | -$41K | -$220K | -$207K | -$58K |
| Cash at Beginning | $1.65M | $674K | $2.37M | $1.69M | $1.28M | $1.21M | $265K | $341K | $836K | $28K | $54K | $39K | $395 | $30K | $175K | $466K | $662K | $587K | $2.55M | $896K | $16K | $72K | $26K | $96K | $393K | $146K |
| Cash at End | $4.69M | $1.62M | $674K | $2.37M | $1.69M | $1.28M | $1.21M | $265K | $341K | $836K | $28K | $54K | $39K | $395 | $30K | $175K | $466K | $662K | $587K | $2.55M | $896K | $23K | $72K | $26K | $107K | $226K |