Healthier Choices Management Corp. (HCMC)
Healthier Choices Management Corp. operates across two main divisions: vapor products and grocery retail. The company offers a range of e-liquids, vaporizers, and associated items. Its vapor segment features battery-operated vaporizers that allow users to inhale nicotine vapor, as well as the Q-Cup, a device designed for vaporizing concentrates, suitable for both medicinal and recreational use. This division also encompasses six retail vape outlets located throughout the southeastern U.S. In the grocery sector, the company manages several natural food stores. These include Ada's Natural Market and Paradise Health & Nutrition, which provide a wide selection of fresh produce, bulk foods, vitamins, supplements, packaged groceries, meat, seafood, deli items, baked goods, dairy products, frozen foods, health and beauty products, and natural household essentials. Additionally, its Mother Earth's Storehouse locations specialize in organic and health-focused foods, alongside vitamins. Beyond its physical stores, Healthier Choices Management Corp. sells vitamins, supplements, and various health, beauty, and personal care products through its website, thevitaminstore.com, and via the Amazon.com marketplace. The company was previously known as Vapor Corp. before officially changing its name to Healthier Choices Management Corp. in March 2017. Its corporate headquarters are located in Hollywood, Florida.
Sector: Tobacco Products
Industry: Grocery Stores
Healthier Choices Management Corp.
OTC:HCMCConsumer Defensive · Grocery Stores
$0.0001
Mkt Cap$52.72M
Float410.16B
O/S527.16B
Inst Own0.0%
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$3K
Net Income-$7.02M
Total Assets$1.47M
Free Cash Flow-$3.88M
Debt & Equity
Debt 0%
Preferred 112%
Total Debt$1K
Total Equity-$122K
Preferred Stock$1.11M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in HCMC's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.47M
Liabilities$1.59M
Accounts Receivable$199
Accounts Payable$1.59M
Inventory$36K
PP&E (Net)$9K
Goodwill$0
Intangible Assets$119K
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 | 2008-08-31 | 2007-08-31 | 2006-08-31 | 2005-08-31 | 2004-08-31 | 2003-08-31 | 2002-08-31 | 2001-08-31 | 2000-08-31 |
| Revenue | $3K | $501 | $617 | $29.27M | $13.32M | $13.92M | $15.11M | $14.65M | $12.96M | $10.57M | $10.75M | $15.28M | $25.99M | $21.35M | $15.98M | $10.92M | $7.96M | $0 | $0 | $0 | $0 | $0 | $9.46M | $11.42M | $14.28M | $11.92M |
| YoY Growth | 494.6% | -18.8% | -100.0% | 119.7% | -4.3% | -7.9% | 3.2% | 13.0% | 22.7% | -1.7% | -29.6% | -41.2% | 21.7% | 33.6% | 46.4% | 37.2% | - | - | - | - | - | - | -17.2% | -20.0% | 19.8% | - |
| Cost of Revenue | $82K | $67K | $787 | $19.04M | $8.03M | $8.14M | $8.63M | $7.48M | $6.68M | $5.33M | $8.01M | $14.5M | $16.3M | $13.23M | $6.73M | $6.06M | $3.04M | $0 | $0 | $0 | $0 | $0 | $8.88M | $10.99M | $13.64M | $10.89M |
| Gross Profit | -$79K | -$66K | -$80K | $10.22M | $5.29M | $5.78M | $6.48M | $7.16M | $6.28M | $5.23M | $2.74M | $783K | $9.69M | $8.13M | $9.25M | $4.86M | $4.92M | $0 | $0 | $0 | $0 | $0 | $578K | $427K | $631K | $1.03M |
| Gross Margin | -2653.5% | -13234.5% | -13013.5% | 34.9% | 39.7% | 41.5% | 42.9% | 48.9% | 48.4% | 49.5% | 25.4% | 5.1% | 37.3% | 38.1% | 57.9% | 44.5% | 61.8% | - | - | - | - | - | 6.1% | 3.7% | 4.4% | 8.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $174K | $159K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $0 | $7.24M | $17.81M | $10.03M | $8.84M | $10.42M | $10.15M | $16.56M | $10.14M | $16.08M | $13.5M | $8.73M | $10.43M | $8.12M | $4.96M | $4.38M | $81K | $413K | $167K | $143K | $85K | $764K | $725K | $891K | $892K |
| Other | $6.95M | $8.44M | -$24.77M | $1.06M | -$26 | -$100 | $25K | $0 | $0 | $0 | $0 | -$17K | -$300K | $3.56B | $0 | $0 | $0 | $0 | $136K | $1K | $1K | $0 | $0 | $0 | $0 | $97K |
| Total Operating Expenses | $6.95M | $8.44M | $7.45M | $18.88M | $10.03M | $8.84M | $10.42M | $10.15M | $16.56M | $10.14M | $16.08M | $13.5M | $8.73M | $10.43M | $8.12M | $4.96M | $4.38M | $81K | $549K | $168K | $144K | $85K | $764K | $725K | $891K | $989K |
| Operating Income (EBIT) | -$7.03M | -$8.5M | -$7.32M | -$8.65M | -$4.74M | -$3.07M | -$3.93M | -$2.98M | -$10.28M | -$8.86M | -$28.75M | -$12.72M | $960K | -$2.3M | $1.13M | -$100K | $537K | -$81K | -$549K | -$168K | -$144K | -$101K | -$185K | -$298K | -$260K | $42K |
| Operating Margin | -236084.2% | -1697351.3% | -1186484.4% | -29.6% | -35.6% | -22.0% | -26.0% | -20.4% | -79.3% | -83.9% | -267.4% | -83.2% | 3.7% | -10.8% | 7.1% | -0.9% | 6.7% | - | - | - | - | - | -2.0% | -2.6% | -1.8% | 0.3% |
| Interest Expense | $0 | $0 | $0 | $0 | $65K | $273K | $171K | $9K | $6K | $15K | $1.17M | $349K | $384K | $89K | $0 | $0 | $0 | $20K | $20K | $20K | $20K | -$16K | $177K | $160K | $175K | $0 |
| Interest Income | $35K | $126K | $212K | $203K | $0 | $0 | $108K | $108K | $34K | $46K | $19K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $55K | $63K | $71K | $0 |
| Other Income (Expense) | $15K | $388K | -$1.1M | $1.44M | $703K | -$274K | $1.61M | -$10.18M | $133K | $21.14M | $30.55M | -$366K | -$684K | -$89K | $0 | $0 | $0 | -$20K | -$20K | -$20K | -$20K | $0 | -$4K | -$35K | $198K | -$218K |
| Income Before Tax (EBT) | -$7.02M | -$11.89M | -$8.55M | -$7.22M | -$4.04M | -$3.72M | -$2.8M | -$13.16M | -$10.14M | $12.27M | $1.8M | -$13.08M | $277K | -$2.39M | $1.13M | -$100K | $537K | -$101K | -$569K | -$188K | -$164K | -$101K | -$190K | -$458K | -$62K | -$176K |
| Income Tax Expense | $0 | -$3.78M | $0 | $0 | $0 | $0 | $0 | $0 | -$281K | $0 | -$15.15M | $767K | -$525K | -$466K | $417K | $1K | $202K | $0 | $0 | $0 | $0 | $0 | $376K | -$148K | -$4K | -$59K |
| Net Income | -$7.02M | -$11.89M | -$18.48M | -$7.22M | -$4.04M | -$3.72M | -$2.8M | -$13.16M | -$9.86M | $10.68M | $1.8M | -$13.85M | $801K | -$1.92B | $713K | -$101K | $335K | -$101K | -$569K | -$188K | -$164K | -$456K | -$566K | -$310K | -$58K | -$117K |
| Net Income Margin | -235580.6% | -2373421.8% | -2995604.5% | -24.7% | -30.3% | -26.7% | -18.5% | -89.9% | -76.1% | 101.1% | 16.8% | -90.7% | 3.1% | -8996.4% | 4.5% | -0.9% | 4.2% | - | - | - | - | - | -6.0% | -2.7% | -0.4% | -1.0% |
| Supplementary Data | ||||||||||||||||||||||||||
| EPS | 0.00 | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -5181038.29 | -0.00 | 0.06 | -0.03 | 349650.00 | -34965.00 | 877192.00 | -1754385.00 | -7894736.00 | -2631578.00 | -2631578.00 | -3508771.00 | -80852.57 | -44308.00 | -8247.57 | -16697.29 |
| Diluted EPS | 0.00 | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -5181038.29 | -5901186.55 | 0.06 | -0.01 | 349650.00 | -34965.00 | 877192.00 | -1754385.00 | -7894736.00 | -2631578.00 | -2631578.00 | -3508771.00 | -80852.57 | -44308.00 | -8247.57 | -16697.29 |
| Weighted Average OS | 481.27B | 479.70B | 429.92B | 339.74B | 307.91B | 90.35B | 66.98B | 42.70B | 26.20B | 17.77B | 7,000 | 2,347 | 1,833 | 1,721 | 1,721 | 1,717 | 277 | 73 | 73 | 73 | 73 | 73 | 73 | 73 | 73 | 73 |
| EBITDA | -$6.98M | -$4.89M | -$7.79M | -$4.99M | -$3.71M | -$2.32M | -$1.71M | -$12.78M | -$9.8M | $12.66M | $9.63M | -$12.66M | $971K | -$2.29M | $1.14M | -$100K | $537K | -$81K | -$549K | -$168K | -$144K | -$85K | -$91K | -$1.03M | -$163K | $139K |
| EBITDA Margin | -234374.8% | -976719.8% | -1262413.8% | -17.1% | -27.8% | -16.6% | -11.3% | -87.2% | -75.6% | 119.9% | 89.6% | -82.9% | 3.7% | -10.7% | 7.1% | -0.9% | 6.7% | - | - | - | - | - | -1.0% | -9.0% | -1.1% | 1.2% |
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 | 2008-08-31 | 2007-08-31 | 2006-08-31 | 2005-08-31 | 2004-08-31 | 2003-08-31 | 2002-08-31 | 2001-08-31 | 2000-08-31 |
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash and Cash Equivalents | $1.14M | $1.19M | $5.08M | $22.91M | $26.5M | $925K | $3.53M | $7.06M | $7.88M | $13.37M | $27.21M | $471K | $6.57M | $176K | $356K | $66K | $841 | $0 | $94 | $230 | $281 | $340 | $322K | $214K | $273K | $389K |
| Short-Term Investments | $0 | $0 | $0 | $10K | $23K | $23K | $24K | $91K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.14M | $1.19M | $5.08M | $22.92M | $26.52M | $948K | $3.55M | $7.15M | $7.88M | $13.37M | $27.21M | $471K | $6.57M | $176K | $356K | $66K | $841 | $0 | $94 | $230 | $281 | $340 | $322K | $214K | $273K | $389K |
| Accounts Receivable | $199 | $0 | $128K | $56K | $276K | $24K | $65K | $98K | $76K | $56K | $115K | $352K | $2.01M | $1.83M | $1.29M | $804K | $362K | $0 | $0 | $0 | $0 | $0 | $2.03M | $1.8M | $1.51M | $929K |
| Inventory | $36K | $40K | $4.23M | $3.82M | $1.52M | $1.75M | $1.76M | $1.86M | $862K | $749K | $1.53M | $2.05M | $3.32M | $1.67M | $2.23M | $925K | $827K | $0 | $0 | $0 | $0 | $0 | $805K | $1.62M | $4.07M | $4.49M |
| Other Current Assets | $100K | $553K | $618K | $3.19M | $456K | $0 | $0 | $0 | $0 | $53K | $1.03M | $909K | $766K | $222K | $143K | $0 | $169K | $0 | $0 | $0 | $0 | $0 | $0 | $25K | $0 | $19K |
| Total Current Assets | $1.34M | $1.95M | $11.73M | $30.31M | $28.77M | $3.01M | $5.64M | $9.5M | $8.95M | $14.32M | $29.57M | $4.13M | $13.87M | $4.36M | $4.66M | $1.8M | $1.36M | $0 | $94 | $230 | $281 | $340 | $3.18M | $4.2M | $5.88M | $5.82M |
| Long-Term Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $9K | $85K | $14.25M | $13.72M | $3.72M | $4.31M | $5M | $497K | $590K | $639K | $410K | $712K | $29K | $25K | $27K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $838K | $932K | $1.01M | $1.11M |
| Goodwill | $0 | $0 | $0 | $5.75M | $916K | $916K | $956K | $1.44M | $481K | $481K | $3.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $119K | $158K | $198K | $5.01M | $948K | $1.25M | $1.92M | $3.06M | $1.56M | $1.67M | $929K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $2.3M | $343K | $528K | $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 | -$2.3M | -$343K | -$528K | $0 | $0 | $0 | $0 | $766.5M | $222.13M | $143.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $351K | $228K | $0 |
| Other Long-Term Assets | $0 | $29K | $18.89M | $476K | $85K | $2.39M | $490K | $672K | $117K | $128K | $165K | $91K | -$766.43M | -$222.12M | -$143.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $311K | $311K | $311K | $975K |
| Total Long-Term Assets | $128K | $272K | $19.24M | $24.95M | $5.67M | $8.87M | $8.37M | $5.67M | $2.75M | $2.92M | $4.68M | $803K | $94K | $37K | $39K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.15M | $1.59M | $1.55M | $2.09M |
| 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 | $1.47M | $2.22M | $30.97M | $55.26M | $34.44M | $11.87M | $14.01M | $15.17M | $11.7M | $17.23M | $34.25M | $4.93M | $13.96M | $4.4M | $4.7M | $1.8M | $1.36M | $0 | $94 | $230 | $281 | $340 | $4.33M | $5.79M | $7.44M | $7.91M |
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payable | $1.59M | $1.83M | $8.02M | $5.72M | $1.64M | $1.09M | $826K | $1.3M | $512K | $521K | $395K | $1.92M | $1.12M | $3.21M | $1.63M | $899K | $454K | $23K | $15K | $32K | $5K | $2K | $817K | $724K | $643K | $865K |
| Short-Term Debt | $0 | $453K | $1.16M | $990K | $421K | $4.07M | $2.28M | $2.15M | $2K | $0 | $0 | $906K | $479K | $0 | $0 | $0 | $0 | $878K | $807K | $541K | $367K | $262K | $2.46M | $2.86M | $3.92M | $3.9M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $36K | $122K | $0 | $3K | $6K | $0 | $724K | $173K | $202K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $208K | $199K | $23K | $21K | $27K | $443K | $538K | $780K | $96K | $141K | $182K | $478K | $675M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $190K | $208K | $775K | $0 | $0 | $27K | $2.17M | $10.09M | $13.49M | $45.05M | $504K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $35 | $0 | $0 | $0 | $0 | $98K |
| Total Current Liabilities | $1.59M | $2.67M | $12.23M | $9.91M | $2.52M | $5.65M | $3.69M | $5.62M | $11.28M | $14.78M | $46.77M | $4M | $2.21M | $4.04M | $3.31M | $1.17M | $656K | $995K | $896 | $628 | $442 | $279 | $3.32M | $3.38M | $4.65M | $4.86M |
| Long-Term Liabilities | ||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $2.4M | $2.38M | $815 | $849K | $869K | $1.13M | $10K | $0 | $0 | $0 | $0 | $846K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $73K | $147K | $1.14M |
| 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 | $1.11M | $1.11M | $0 | $14.72M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $1.11M | $1.11M | $10.87M | $25.14M | $2.69M | $3.96M | $4.41M | $1.13M | $10K | $574K | $59K | $119K | $1.78M | $846K | $1.63M | $1M | $454K | $902K | $822 | $574 | $407 | $264 | $837K | $945K | $1.05M | $1.14M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$574K | $0 | $0 | -$1.78M | $0 | -$1.63M | -$1M | -$454K | -$902K | -$822K | -$574K | -$407K | -$264K | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.59M | $3.78M | $23.1M | $35.05M | $5.21M | $9.62M | $8.1M | $6.75M | $11.29M | $14.78M | $46.83M | $4.12M | $2.21M | $4.88M | $3.31M | $1.17M | $656K | $995K | $896K | $628K | $442K | $279K | $4.16M | $4.33M | $5.7M | $6.01M |
| Stockholders' Equity | ||||||||||||||||||||||||||
| Preferred Stock | $1.11M | $1.11M | $1.11M | $800K | $800K | $16.28M | $20.15M | $20.15M | $0 | $0 | $13 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $52.52M | $48.13M | $47.83M | $33.97M | $33.97M | $14.38M | $6.77M | $6.66M | $2.93M | $1.42M | $15 | $17K | $16K | $60K | $60K | $60K | $60K | $640 | $640 | $640 | $640 | $640 | $640 | $636 | $636 | $636 |
| Retained Earnings | -$82.05M | -$75.04M | -$62.1M | -$43.61M | -$36.4M | -$32.36M | -$28.64M | -$25.73M | -$12.61M | -$2.75M | -$13.43M | -$15.23M | -$1.38M | -$2.18M | -$260K | $217K | $318K | -$2.65M | -$2.55M | -$1.98M | -$1.79M | -$1.63M | -$1.18M | $185K | $496K | $553K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$579K | -$394K | -$293K | -$212K | -$84K | -$30K | -$20K | -$10K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$522K | -$71K | -$109K | $0 |
| Other Stockholders' Equity | $29.42M | $25.35M | $22.14M | $29.85M | $31.66M | $20.23M | $27.77M | $27.5M | $10.08M | $3.78M | $847K | $16.03M | $13.12M | $1.64M | $1.59M | $347K | $326K | $1.66M | $1.66M | $1.35M | $1.35M | $1.35M | $1.35M | $1.28M | $1.24M | $1.35M |
| Total Equity | -$122K | -$1.56M | $7.87M | $20.21M | $29.23M | $2.26M | $5.9M | $8.43M | $407K | $2.46M | -$12.58M | $812K | $11.75M | -$483K | $1.39M | $625K | $703K | -$995K | -$896K | -$628K | -$441K | -$279K | $171K | $1.47M | $1.74M | $1.91M |
| 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 | $1.47M | $2.22M | $30.97M | $55.26M | $34.44M | $11.87M | $14.01M | $15.17M | $11.7M | $17.23M | $34.25M | $4.93M | $13.96M | $4.4M | $4.7M | $1.8M | $1.36M | $0 | $94 | $230 | $281 | $340 | $4.33M | $5.79M | $7.44M | $7.91M |
| Supplementary Data | ||||||||||||||||||||||||||
| Total Debt | $1K | $458K | $14.87M | $13.64M | $3.54M | $8.51M | $7.25M | $3.28M | $13K | $53K | $119K | $921K | $479K | $846K | $0 | $0 | $0 | $878K | $807K | $541K | $367K | $262K | $3.29M | $3.81M | $4.97M | $5.04M |
| Net Debt | -$1.14M | -$736K | $9.79M | -$9.27M | -$22.95M | $7.59M | $3.73M | -$3.78M | -$7.87M | -$13.31M | -$27.1M | $450K | -$6.09M | $670K | -$356K | -$66K | -$841 | $878K | $807 | $541 | $367 | $262 | $2.97M | $3.6M | $4.7M | $4.65M |
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 | 2008-08-31 | 2007-08-31 | 2006-08-31 | 2005-08-31 | 2004-08-31 | 2003-08-31 | 2002-08-31 | 2001-08-31 | 2000-08-31 |
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | -$7.02M | -$11.89M | -$18.48M | -$7.22M | -$4.04M | -$3.72M | -$2.8M | -$13.16M | -$10.14M | $12.27M | $1.8M | -$13.85M | $801K | -$1.92M | $713K | -$101K | $335K | -$101K | -$569K | -$188K | -$164K | -$101K | -$566K | -$310K | -$58K | -$117K |
| Depreciation & Amortization | $51K | $3.61M | $4.08M | $2.23M | $1.03M | $1.13M | $920K | $376K | $351K | $374K | $462K | $56K | $11K | $11K | $5K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $94K | $95K | $97K | $97K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$61K | $0 | $0 | $0 | $474K | $1.26M | $19.02M | $766K | -$198K | -$79K | -$143K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $376K | -$148K | -$4K | -$59K |
| Stock-Based Compensation | $3.4M | $4.62M | $3.43M | $72K | $34K | $78K | $374K | $1.71M | $7.51M | $75K | $4.47M | $1.77M | $135K | $46K | $49K | $923K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||
| Accounts Receivable | -$199 | -$253K | -$88K | -$27K | -$5K | $42K | $27K | $40K | -$35K | -$198K | -$206K | $1.45M | -$1.25M | -$130K | -$395K | -$324K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$13K | -$1.91M | -$2.03M | -$1.36M | -$479K | $8K | $108K | -$534K | -$505K | -$350K | $1.32M | -$562K | -$1.65M | $565K | -$1.31M | -$97K | -$816K | $0 | $0 | $0 | $0 | $0 | $811K | $2.46M | $414K | -$2.83M |
| Accounts Payable | -$434K | -$83K | $1.97M | $4.07M | -$76K | -$205K | -$476K | $350K | -$8K | $332K | -$862K | $797K | -$2.09M | $1.58M | $730K | $547K | $0 | $9K | $0 | $40K | $40K | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $165K | -$1.18M | -$1.73M | -$2.88M | $2K | -$6K | -$542K | $53K | -$240K | -$631K | $1.64M | $1.12M | -$122K | -$1.1M | $638K | -$2K | $130K | $91K | $0 | $146K | $122K | $0 | $644K | -$435K | -$480K | $675K |
| Total Working Capital Change | -$282K | -$3.42M | -$1.88M | -$188K | -$557K | -$161K | -$883K | -$92K | -$789K | -$847K | $1.9M | $2.8M | -$5.11M | $915K | -$337K | $124K | -$686K | $100K | $267K | $186K | $162K | $39K | $1.45M | $2.02M | -$66K | -$2.16M |
| Other Non-Cash Items | -$28K | $3.43M | $8.11M | $1.24M | $61K | $382K | -$1.15M | $10.96M | -$221K | -$20.46M | -$36.94M | $2.17M | $239K | $6K | $35K | -$882K | $30K | $1K | $301K | $1K | $1K | $34K | $65K | $42K | $30K | $111K |
| Net Cash from Operating | -$3.88M | -$3.66M | -$4.74M | -$3.87M | -$3.53M | -$2.29M | -$3.54M | -$203K | -$2.82M | -$7.32M | -$9.29M | -$6.29M | -$4.12M | -$1.02M | $323K | $65K | -$321K | -$94 | -$136 | -$51 | -$59 | -$28K | $1.42M | $1.7M | -$326K | -$2.12M |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | $0 | -$193K | -$184K | -$493K | -$69K | -$114K | -$58K | -$246K | -$193K | -$50K | -$215K | -$560K | -$15K | -$9K | -$32K | $0 | $0 | $0 | $0 | $0 | $0 | -$307K | $0 | -$20K | $0 | -$110K |
| Acquisitions | $0 | $749K | -$750K | -$10.29M | -$75K | $0 | $0 | -$3.25M | $0 | -$2.91M | -$1.26M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $1.7M | $0 | -$10.29M | -$75K | $0 | $0 | $170K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $10.29M | $75K | $0 | $0 | $59K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $175K | $0 |
| Other Investing Activities | $0 | -$7.17M | $166K | $59K | $57K | $39K | $185K | -$698K | -$50K | -$227K | $467K | -$517K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25K | -$801K | -$576K | $103K | -$95K |
| Net Cash from Investing | $0 | -$4.92M | -$769K | -$10.73M | -$87K | -$75K | $127K | -$3.96M | -$193K | -$3.19M | -$1.01M | -$1.08M | -$15K | -$9K | -$32K | $0 | $0 | $0 | $0 | $0 | $0 | -$283K | -$801K | -$596K | $278K | -$205K |
| Financing Activities | ||||||||||||||||||||||||||
| Debt Repaid | - | -$7.15M | $558K | $54K | $803K | -$1.76M | $259K | -$1.4M | $40K | $66K | -$210K | -$1.24M | -$854K | -$850K | - | - | - | - | - | - | - | -$189K | $516K | $1.16M | $68K | -$13.44M |
| Common Stock Issuance | $3.95M | $0 | $150K | $12.84M | $24.34M | $0 | $0 | $19.03M | $1K | -$3.28M | $44.32M | -$109.1M | $9.13M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | -$12.16M | $0 | $0 | $0 | $0 | $0 | -$2.43M | $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 | -$38.07M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $68K | -$2.46M | -$834K | $12.88M | $27.99M | $877K | $132K | $79K | -$2.43M | -$3.28M | $75.16M | -$244K | $9.2M | $0 | $0 | $0 | $10K | $0 | $0 | $0 | $0 | -$61K | $0 | $0 | $0 | -$10.81M |
| Net Cash from Financing | $3.37M | $4.69M | -$13.55M | $12.79M | $27.19M | $1.76M | -$127K | $3.35M | -$2.47M | -$3.35M | $37.04M | $1.27M | $10.53M | $850K | $0 | $0 | $10K | $0 | $0 | $0 | $0 | -$11K | -$516K | -$1.16M | -$68K | $2.63M |
| 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 | -$506K | -$3.89M | -$19.06M | -$1.81M | $23.57M | -$600K | -$3.54M | -$822K | -$5.48M | -$13.85M | $26.74M | -$6.1M | $6.39M | -$180K | $291K | $65K | -$311K | -$94 | -$136 | -$51 | -$59 | -$321K | $107K | -$59K | -$116K | $300K |
| Supplementary Data | ||||||||||||||||||||||||||
| Operating Cash Flow | -$3.88M | -$3.66M | -$4.74M | -$3.87M | -$3.53M | -$2.29M | -$3.54M | -$203K | -$2.82M | -$7.32M | -$9.29M | -$6.29M | -$4.12M | -$1.02M | $323K | $65K | -$321K | -$94 | -$136 | -$51 | -$59 | -$28K | $1.42M | $1.7M | -$326K | -$2.12M |
| Capital Expenditure | $0 | -$193K | -$197K | -$493K | -$69K | -$114K | -$58K | -$246K | -$193K | -$50K | -$215K | -$560K | -$15K | -$9K | -$32K | $0 | $0 | $0 | $0 | $0 | $0 | -$307K | $0 | -$20K | $0 | -$110K |
| Free Cash Flow | -$3.88M | -$3.85M | -$4.94M | -$4.36M | -$3.6M | -$2.4M | -$3.59M | -$448K | -$3.02M | -$7.37M | -$9.5M | -$6.85M | -$4.13M | -$1.03M | $291K | $65K | -$321K | -$94 | -$136 | -$51 | -$59 | -$335K | $1.42M | $1.68M | -$326K | -$2.23M |
| Cash at Beginning | $1.75M | $5.63M | $24.69M | $26.5M | $2.93M | $3.53M | $7.06M | $7.88M | $13.37M | $27.21M | $471K | $6.57M | $176K | $356K | $66K | $841 | $312K | $94 | $230 | $281 | $340 | $322K | $214K | $273K | $389K | $89K |
| Cash at End | $1.24M | $1.75M | $5.63M | $24.69M | $26.5M | $2.93M | $3.53M | $7.06M | $7.88M | $13.37M | $27.21M | $471K | $6.57M | $176K | $356K | $66K | $841 | $0 | $94 | $230 | $281 | $340 | $322K | $214K | $273K | $389K |