Investview, Inc. (INVU)
Investview, Inc., operating through its various subsidiaries, offers a comprehensive suite of financial literacy resources, digital asset solutions, and supporting technology platforms primarily for individual users. The firm provides services including the management of digital asset technologies, self-directed investment brokerage, institutional trade execution, expert advisory, and innovative algorithmic trading systems that require no coding. Additionally, it engages in cryptocurrency mining, offers repair services, and develops blockchain innovations. Its offerings encompass extensive research, educational content, and sophisticated investment tools, all designed to empower self-directed investors in successfully navigating diverse financial markets such as equities, options, foreign exchange (FOREX), exchange-traded funds (ETFs), binary options, and cryptocurrencies. Beyond market-specific tools, the company also furnishes educational materials and software applications aimed at assisting individuals with personal financial management, covering areas like debt reduction strategies, enhancing savings, effective budgeting, and optimizing tax planning. Originally known as Global Investor Services, Inc., the company underwent a name change to Investview, Inc. in March 2012. Established in 1946, Investview, Inc. maintains its corporate headquarters in Eatontown, New Jersey.
Sector: Services-Business Services, NEC
Industry: Software - Application
Investview, Inc.
OTC:INVUTechnology · Software - Application
-0.60%$0.0165
Mkt Cap$30.43M
Float121.6M
O/S1.84B
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$36.26M
Net Income-$8.91M
Total Assets$21.5M
Free Cash Flow-$3.7M
Debt & Equity
Debt 13%
Equity 87%
Preferred 0%
Total Debt$1.28M
Total Equity$8.92M
Preferred Stock$252
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:200Reverse splitApr 9, 2012200 shares → 1
Balance Sheet Details
Assets$21.5M
Liabilities$12.57M
Accounts Receivable$570K
Accounts Payable$3.34M
Inventory$663K
PP&E (Net)$1.72M
Goodwill$0
Intangible Assets$11K
Income Statement
| Period | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 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 | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2022-12-31 | 2021-12-31 | 2021-03-31 | 2020-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 |
| Revenue | $36.26M | $52.38M | $61.85M | $89.29M | $24.18M | $29.66M | $17.92M | $131K | $354K | $709K | $1.05M | $1.66M | $2.18M | $2.01M | $1.14M | $2.59M | $972K | $98K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | -30.8% | -15.3% | -30.7% | 269.2% | -18.5% | 65.5% | 13529.1% | -62.9% | -50.1% | -32.4% | -36.9% | -23.7% | 8.2% | 76.2% | -55.9% | 166.3% | 896.0% | - | - | - | - | - | - | - | - |
| Cost of Revenue | $16.02M | $12.68M | $8.25M | $14.14M | $2.51M | $1.18M | $6.71M | $3K | $43K | $82K | $58K | $498K | $711K | $704K | $918K | $2.43M | $1.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $20.23M | $39.7M | $53.6M | $75.14M | $21.68M | $28.48M | $11.2M | $128K | $310K | $627K | $991K | $1.16M | $1.47M | $1.31M | $224K | $156K | -$57K | $98K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | 55.8% | 75.8% | 86.7% | 84.2% | 89.6% | 96.0% | 62.5% | 97.5% | 87.7% | 88.5% | 94.5% | 70.0% | 67.3% | 65.0% | 19.6% | 6.0% | -5.9% | 100.0% | - | - | - | - | - | - | - |
| 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 |
| Selling, General, and Administrative | $12.43M | $36.05M | $20.86M | $98.01M | $17.21M | $10.89M | $7.61M | $981K | $1.98M | $5.54M | $3.98M | $8.12M | $6.11M | $5.56M | $4.73M | $6.06M | $4.76M | $5.6M | $915K | $68K | $52K | $68K | $59K | $73K | $85K |
| Other | $15.26M | $1.95M | $26.99M | $662K | $13.56M | $21.53M | $14.27M | $0 | $0 | $0 | $233 | $201 | $211K | $785K | $938K | $938K | $199K | $985 | $0 | $110K | $0 | $0 | $0 | $232 | $812 |
| Total Operating Expenses | $27.69M | $38M | $47.84M | $95.75M | $30.77M | $32.42M | $21.88M | $981K | $1.98M | $5.54M | $3.98M | $8.5M | $6.32M | $6.35M | $5.67M | $7M | $4.96M | $5.6M | $915K | $178K | $52K | $68K | $59K | $74K | $86K |
| Operating Income (EBIT) | -$7.46M | $1.69M | $5.95M | -$22.86M | -$9.09M | -$3.94M | -$10.68M | -$852K | -$1.66M | -$4.91M | -$3.11M | -$7.33M | -$4.86M | -$5.04M | -$5.45M | -$34.07M | -$5.02M | -$5.5M | -$915K | -$178K | -$52K | -$68K | -$59K | -$74K | -$86K |
| Operating Margin | -20.6% | 3.2% | 9.6% | -25.6% | -37.6% | -13.3% | -59.6% | -648.4% | -470.4% | -692.2% | -296.7% | -441.7% | -223.0% | -250.5% | -477.2% | -1316.9% | -516.4% | -5642.4% | - | - | - | - | - | - | - |
| Interest Expense | $1.26M | $1.26M | $2.67M | $2.68M | $10.68M | $1.86M | $179K | $649K | $660K | -$584K | -$871K | -$745K | $2.39M | $3.44M | $999K | $1.95M | $2.36M | $247K | $86K | -$56K | $108K | $98K | $90K | $76K | $58K |
| Interest Income | $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 Income (Expense) | -$1.51M | $391K | -$18.57M | -$417K | -$12.18M | -$966K | -$4.21M | $3.25M | $221K | -$4.16M | -$226K | $273K | -$1.87M | -$1.49M | -$652K | -$27.23M | -$388 | -$247K | -$51K | $49K | -$108K | -$98K | -$90K | -$76K | -$58K |
| Income Before Tax (EBT) | -$8.97M | $2.09M | -$12.62M | -$23.28M | -$21.28M | -$4.91M | -$14.89M | $1.75M | -$2.1M | -$9.65M | -$4.08M | -$7.81M | -$9.11M | -$9.97M | -$7.1M | -$36.01M | -$7.37M | -$5.75M | -$1M | -$122K | -$160K | -$167K | -$149K | -$150K | -$144K |
| Income Tax Expense | $59K | $895K | $327K | $951K | $7K | $71K | $25K | -$3.25M | $1.1M | -$489K | $103K | $1.53M | $4.25M | $4.93M | $1.65M | $29.18M | $2.36M | $247K | $86K | $100 | $100 | $100 | $100 | $100 | $100 |
| Net Income | -$8.91M | $1.19M | -$12.94M | -$24.97M | -$21.29M | -$4.98M | -$14.91M | $1.75M | -$2.1M | -$9.17M | -$4.15M | -$9.33M | -$9.11M | -$9.97M | -$7.1M | -$36.01M | -$7.37M | -$5.75M | -$1M | -$122K | -$160K | -$167K | -$149K | -$150K | -$144K |
| Net Income Margin | -24.6% | 2.3% | -20.9% | -28.0% | -88.0% | -16.8% | -83.2% | 1333.9% | -594.6% | -1292.3% | -396.1% | -562.0% | -418.4% | -495.7% | -621.8% | -1391.9% | -759.1% | -5895.9% | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||||||||||||||||||
| EPS | -0.01 | 0.00 | -0.00 | -0.01 | -0.01 | -0.00 | -0.01 | 0.05 | -0.14 | -0.78 | -0.69 | -1.86 | -2.51 | -4.55 | -4.31 | -27.65 | -8.85 | -9.44 | -7.14 | -26.32 | -37.59 | -78.43 | -70.00 | -70.65 | -68.37 |
| Diluted EPS | -0.01 | 0.00 | -0.00 | -0.01 | -0.01 | -0.00 | -0.01 | 0.05 | -0.14 | -0.78 | -0.69 | -1.86 | -2.51 | -4.55 | -4.31 | -27.65 | -8.85 | -9.44 | -7.14 | -26.32 | -37.59 | -78.43 | -70.00 | -70.65 | -68.37 |
| Weighted Average OS | 1.85B | 1.91B | 2.68B | 3.05B | 2.94B | 2.23B | 1.91B | 32.92M | 14.62M | 11.73M | 6.01M | 5.01M | 3.63M | 2.19M | 1.65M | 1.30M | 833,614 | 609,255 | 140,190 | 4,630 | 4,252 | 2,126 | 2,126 | 2,121 | 2,111 |
| EBITDA | -$8.26M | $7.22M | $12.18M | -$19.9M | -$6.68M | -$3.04M | -$10.67M | $2K | $171K | -$668K | $613K | -$7.24M | -$4.64M | -$4.25M | -$4.51M | -$5.44M | -$4.82M | -$5.5M | $0 | -$227K | $0 | $0 | $0 | -$73K | -$85K |
| EBITDA Margin | -22.8% | 13.8% | 19.7% | -22.3% | -27.6% | -10.3% | -59.6% | 1.7% | 48.4% | -94.1% | 58.5% | -435.8% | -213.3% | -211.4% | -395.1% | -210.4% | -495.9% | -5641.4% | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 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 | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2022-12-31 | 2021-12-31 | 2021-03-31 | 2020-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 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 | $9.99M | $22.47M | $20.47M | $31M | $137K | $134K | $1.49M | $4K | $8K | $806K | $196K | $176K | $180K | $124K | $49K | $75K | $180K | $15K | $10 | $697 | $209 | $283 | $594 | $269 | $124 |
| Short-Term Investments | $0 | $1.13M | $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 | $9.99M | $23.6M | $20.47M | $31M | $137K | $134K | $1.49M | $4K | $8K | $806K | $196K | $176K | $180K | $124K | $49K | $75K | $180K | $15K | $10 | $697 | $209 | $283 | $594 | $269 | $124 |
| Accounts Receivable | $570K | $2.53M | $1.26M | $1.92M | $905K | $725K | $473K | $150K | $0 | $57K | $15K | $10K | $0 | $0 | $0 | $0 | $1.04M | $100K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $663K | $496K | $249K | $0 | $5.46M | $6.7M | $50K | $0 | $0 | $124K | $10K | $80K | $0 | $0 | $0 | $0 | $6K | -$100K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $1.77M | $1.13M | $2.36M | $2.84M | $102K | $142K | $480K | $0 | $2K | $2K | $2K | $2K | $580 | $1K | $1K | $8K | $106K | $100K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $13M | $28.52M | $26.02M | $35.92M | $6.6M | $7.7M | $2.49M | $154K | $9K | $988K | $222K | $268K | $310K | $693K | $71K | $101K | $1.33M | $114K | $10 | $697 | $209 | $283 | $594 | $269 | $124 |
| Long-Term Assets | |||||||||||||||||||||||||
| Property, Plant & Equipment Net | $1.72M | $2.08M | $8.73M | $6.95M | $3.1M | $14K | $19K | $0 | $0 | $0 | $0 | $235K | $371K | $583K | $1.24M | $2.01M | $2.78M | $1K | $0 | $41K | $41K | $41K | $41K | $41K | $232 |
| Goodwill | $0 | $874K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $124K | $0 | $0 | $0 | $0 | $27.23M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $11K | $40K | $0 | $7.24M | $693K | $3.56M | $2.13M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $132K | $0 | $465K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $6.71M | $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 |
| Other Long-Term Assets | $57K | $57K | $827K | -$14.19M | $11K | $5K | $5K | $0 | $0 | $105K | $105K | $7K | $0 | $260K | $22K | $452K | $34K | $0 | $0 | $10K | $110K | $110K | $110K | $107K | $81K |
| Total Long-Term Assets | $8.5M | $3.05M | $9.56M | $14.19M | $3.8M | $3.58M | $2.16M | $0 | $0 | $105K | $105K | $366K | $371K | $842K | $1.39M | $2.46M | $30.51M | $1K | $0 | $51K | $152K | $152K | $152K | $148K | $81K |
| Other Assets | $0 | $0 | $0 | $1.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $21.5M | $31.57M | $35.58M | $51.5M | $10.4M | $11.28M | $4.65M | $154K | $9K | $1.09M | $327K | $634K | $681K | $1.54M | $1.46M | $2.56M | $31.85M | $116K | $10 | $52K | $152K | $152K | $152K | $148K | $81K |
| Liabilities | |||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||
| Accounts Payable | $3.34M | $7.14M | $4.61M | $3.9M | $3.77M | $3.9M | $5.35M | $417K | $419K | $360K | $396K | $517K | $540K | $803K | $989K | $131K | $1.69M | $386K | $4K | $1K | $63K | $61K | $54K | $55K | $43K |
| Short-Term Debt | $1.28M | $1.23M | $4.29M | $4.78M | $3.74M | $2.52M | $197K | $205K | $389K | $240K | $1.6M | $220K | $200K | $1.14M | $422K | $582K | $1.88M | $763K | $625K | $1.07M | $2K | $2K | $2K | $2K | $2K |
| Current Income Tax Payable | $368K | $203K | $241K | $0 | $0 | $0 | $0 | $0 | $0 | $615K | $542K | $664K | $7K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $953K | $3.03M | $2.17M | $0 | $1M | $2.14M | $864K | $6K | $13K | $42K | $64K | $171K | $222K | $261K | $80K | $108K | $804K | $6K | $0 | $679K | $1.27M | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $87K | $246K | -$3.91M | $5.77M | $8.43M | -$2.54M | $0 | $502K | $2K | $1.55M | $3.38M | $2.5M | $300K | $1.29M | $861K | $1.47M | $159K | $44K | $0 | $100 | $100 | $1.12M | $1M | $889K | $757K |
| Total Current Liabilities | $6.11M | $12.29M | $11.77M | $13.58M | $20.72M | $9.92M | $6.41M | $1.13M | $3K | $2.19M | $5.44M | $3.41M | $1.26M | $3.49M | $2.35M | $2.29M | $4.54M | $1.2M | $628 | $1.75M | $1.33M | $1.19M | $1.06M | $945K | $802K |
| Long-Term Liabilities | |||||||||||||||||||||||||
| Long-Term Debt | $7K | $1.99M | $6.43M | $8.94M | $50K | $50K | $0 | $0 | $1.69M | $1.7M | $1.09M | $2.54M | $1.01M | $2.63M | $4.19M | $3.35M | $3.98M | $66K | $0 | $0 | $408K | $393K | $357K | $305K | $257K |
| 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 |
| 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 |
| Other Long-Term Liabilities | $4.14M | $46K | $0 | -$8.94M | $3.89M | $8.51M | $6.41M | $0 | $65K | $0 | $324 | $4K | $10K | $51K | $1.12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10K | $0 |
| Total Long-Term Liabilities | $350K | $2.08M | $6.43M | $8.94M | $3.94M | $8.56M | $6.41M | $628K | $2K | $1.7M | $1.09M | $2.54M | $1.02M | $2.68M | $5.31M | $3.35M | $3.98M | $66K | $628 | $1.07M | $408K | $393K | $357K | $315K | $257K |
| Other Liabilities | $0 | $0 | $0 | $43K | $0 | -$8.56M | -$6.41M | -$628K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$628K | -$1.07M | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $12.57M | $14.37M | $18.2M | $22.56M | $24.66M | $9.92M | $6.41M | $1.13M | $4.59M | $3.89M | $6.53M | $5.95M | $2.28M | $6.18M | $7.66M | $5.64M | $8.52M | $1.26M | $628K | $1.75M | $1.74M | $1.58M | $1.41M | $1.26M | $1.06M |
| Stockholders' Equity | |||||||||||||||||||||||||
| Preferred Stock | $252 | $252 | $252 | $252 | $153 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.86M | $1.86M | $2.64M | $2.9M | $3.21M | $2.64M | $2.17M | $126K | $15K | $15K | $7K | $5K | $5K | $2.24M | $3.85M | $312K | $238K | $142K | $6K | $261 | $1.22M | $1.22M | $1.22M | $1.22M | $1.21M |
| Retained Earnings | -$96.79M | -$87.21M | -$89.59M | -$75.83M | -$46.38M | -$25.1M | -$20.07M | -$98.87M | -$100.62M | -$98.52M | -$89.35M | -$85.2M | -$75.87M | -$66.76M | -$56.78M | -$49.69M | -$13.67M | -$6.3M | -$4.19M | -$3.19M | -$3.07M | -$2.91M | -$2.74M | -$2.59M | -$2.44M |
| Comprehensive Income & Other | -$23K | -$23K | -$23K | -$23K | -$20K | $1K | -$2K | $0 | $0 | $0 | $0 | $0 | $0 | -$2.37M | -$1.71M | -$941K | $4.52M | $0 | $0 | $0 | -$7K | -$7K | $0 | $0 | $0 |
| Other Stockholders' Equity | $103.85M | $102.54M | $104.33M | $0 | $28.91M | $23.76M | $16.14M | $97.77M | $96.02M | $95.76M | $83.14M | $79.88M | $74.26M | $59.87M | $46.73M | $46.29M | $36.76M | $5.01M | $3.56M | $1.49M | $264K | $264K | $264K | $264K | $258K |
| Total Equity | $8.92M | $17.19M | $17.37M | -$72.92M | -$14.26M | $1.3M | -$1.76M | -$976K | -$4.58M | -$2.74M | -$6.2M | -$5.31M | -$1.6M | -$4.64M | -$6.2M | -$3.08M | $23.33M | -$1.15M | -$628K | -$1.7M | -$1.59M | -$1.43M | -$1.26M | -$1.11M | -$977K |
| Minority Interest | $13K | $8K | $0 | $0 | $0 | $51K | $0 | $0 | $0 | -$56K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $21.5M | $31.56M | $35.58M | -$50.36M | $10.4M | $11.22M | $4.65M | $154K | $9K | $1.15M | $327K | $634K | $681K | $1.54M | $1.46M | $2.56M | $31.85M | $116K | $10 | $52K | $152K | $152K | $152K | $148K | $81K |
| Supplementary Data | |||||||||||||||||||||||||
| Total Debt | $1.28M | $3.44M | $10.72M | $14.02M | $3.79M | $2.52M | $197K | $205K | $2.08M | $1.94M | $2.69M | $2.76M | $1.21M | $3.78M | $4.61M | $3.93M | $5.86M | $828K | $625K | $1.07M | $411K | $395K | $358K | $307K | $259K |
| Net Debt | -$8.71M | -$19.03M | -$9.74M | -$31M | $3.65M | $2.39M | -$1.29M | $202K | $2K | $1.13M | $2.49M | $2.58M | $1.03M | $3.65M | $4.56M | $3.86M | $5.68M | $814K | $625 | $1.07M | $410K | $395K | $358K | $306K | $259K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 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 | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2022-12-31 | 2021-12-31 | 2021-03-31 | 2020-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 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 | -$8.91M | $1.19M | -$12.94M | -$24.23M | -$21.29M | -$4.98M | -$14.91M | $1.75M | -$2.1M | -$9.65M | -$4.08M | -$7.81M | -$9.11M | -$9.97M | -$7.1M | -$36.01M | -$7.37M | -$5.75M | -$1M | -$122K | -$160K | -$167K | -$149K | -$150K | -$144K |
| Depreciation & Amortization | $730K | $3.88M | $6.23M | $2.96M | $2.42M | $898K | $3K | $2K | $171K | $80K | $613K | $371K | $211K | $785K | $938K | $1.39M | $199K | $985 | $0 | $0 | $0 | $0 | $0 | $232 | $812 |
| Deferred Income Tax | $0 | $0 | $0 | -$685K | $0 | -$109K | $0 | -$3.57M | -$418K | $4.5M | -$373K | -$281K | $13.43M | $4M | $0 | $0 | -$824K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $1.55M | $1.6M | $2.78M | $2.25M | $3.1M | $109K | $0 | $558K | $93K | $508K | $1.11M | $1.51M | $663K | $706K | $0 | $0 | $824K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||
| Accounts Receivable | $1.97M | -$302K | $661 | -$1.56M | -$180.06M | $109K | $122K | -$150K | $57K | -$42K | -$5K | -$10K | $0 | $0 | $0 | $601K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$167K | -$327K | -$305K | $0 | $180.06M | -$109K | -$122K | $153K | $343K | $188K | $636K | $1.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $3.05M | $1.56M | $725K | $0 | $974K | -$1.31M | $2.92M | $266K | $223K | $191K | $13K | $919K | $148K | $398K | $0 | $0 | $0 | $289K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$1.02M | -$1.12M | -$4.73M | -$3.33M | $12.1M | $1.95M | $61K | -$6K | -$28K | -$72K | -$106K | -$10K | -$8K | $147K | $1.47M | $141K | $1.71M | $6K | $47K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $3.83M | -$192K | -$4.3M | -$1.56M | $13.07M | $633K | $2.99M | $263K | $596K | $264K | $537K | $2.06M | $140K | $545K | $1.47M | $743K | $1.71M | $294K | $47K | -$661K | $145K | $140K | $121K | $124K | $107K |
| Other Non-Cash Items | -$903K | $1.83M | $17.6M | $53.57M | $7.33M | $464K | $10.88M | $795K | $636K | $1.66M | $1.01M | $3.11M | -$6.74M | $2.36M | $3.53M | $31.83M | $3.46M | $4.2M | $941K | $123K | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Operating | -$3.7M | $8.3M | $9.36M | $32.98M | $4.62M | -$2.98M | -$1.05M | -$193K | -$1.03M | -$2.65M | -$1.19M | -$1.03M | -$1.4M | -$1.57M | -$1.16M | -$2.05M | -$2M | -$1.25M | -$12K | -$660K | -$15K | -$27K | -$28K | -$26K | -$36K |
| Investing Activities | |||||||||||||||||||||||||
| Capital Expenditures | -$545K | -$462K | -$15.27M | -$2.64M | -$5.25M | -$5.25M | -$11K | $0 | $0 | -$65K | $0 | $0 | $0 | $0 | $0 | $0 | -$18K | $0 | $0 | $0 | $0 | $0 | -$3K | -$26K | $0 |
| Acquisitions | $0 | -$1.14M | $0 | $0 | $0 | $4K | $0 | $0 | $0 | $1.15M | $0 | $1K | $0 | $0 | $0 | $0 | $88K | -$50K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$7K | $0 | $0 | $0 | $0 | -$2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$4.21M | $0 | $1.09M | $16K | $0 | $5.25M | $4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$4.21M | -$1.6M | -$14.17M | -$2.63M | -$5.25M | $4K | -$8K | $0 | $0 | $1.08M | $7K | -$5K | $0 | $0 | $0 | $0 | $68K | -$50K | $10 | $0 | $0 | $0 | -$3K | -$26K | $0 |
| Financing Activities | |||||||||||||||||||||||||
| Debt Repaid | $930K | $1.34M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $5.69M | $0 | $825K | $800K | $3.12M | $158K | $3K | $2.06M | $1.2M | $2.21M | $2.04M | $1.19M | $0 | $0 | $476K | $725K | $0 | $0 | $0 | $0 | $0 | $15K | $0 |
| Common Stock Repurchases | -$2.98M | -$3.37M | -$1.77M | -$1.19M | -$102 | -$91K | $0 | $0 | $0 | $1.36M | $0 | $800K | -$9K | $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 |
| Other Financing Activities | $0 | $0 | -$5.69M | $2.32M | $4.85M | $4.65M | $842K | $158K | $372K | -$1.24M | $0 | $1.06M | $1.73M | $572K | $1.23M | $1.97M | $1.62M | $578K | $11K | $660K | $15K | $27K | $31K | $37K | $36K |
| Net Cash from Financing | -$4.57M | -$5.37M | -$6.31M | $712K | $624K | $1.63M | $2.54M | $189K | $228K | $2.18M | $1.2M | $1.03M | $1.46M | $1.65M | $1.13M | $1.94M | $2.1M | $1.3M | $11K | $660K | $15K | $27K | $31K | $52K | $36K |
| Forex Effect | $0 | $0 | -$218 | -$4K | -$2 | -$5K | $3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$12.48M | $1.33M | -$11.13M | $6.52M | $4K | -$1.36M | $1.49M | -$4K | -$798K | $610K | $20K | -$4K | $56K | $75K | -$26K | -$105K | $165K | $474 | -$687 | $488 | -$74 | -$311 | $325 | $145 | $12 |
| Supplementary Data | |||||||||||||||||||||||||
| Operating Cash Flow | -$3.7M | $8.3M | $9.36M | $32.98M | $4.62M | -$2.98M | -$1.05M | -$193K | -$1.03M | -$2.65M | -$1.19M | -$1.03M | -$1.4M | -$1.57M | -$1.16M | -$2.05M | -$2M | -$1.25M | -$12K | -$660K | -$15K | -$27K | -$28K | -$26K | -$36K |
| Capital Expenditure | -$545K | -$462K | -$15.27M | -$2.64M | -$5.25M | -$5.25M | -$11K | $0 | $0 | -$65K | $0 | $0 | $0 | $0 | $0 | $0 | -$18K | $0 | $0 | $0 | $0 | $0 | -$3K | -$26K | $0 |
| Free Cash Flow | -$3.7M | $7.84M | -$5.91M | $30.34M | -$621K | -$8.23M | -$1.06M | -$193K | -$1.03M | -$2.71M | -$1.19M | -$1.03M | -$1.4M | -$1.57M | -$1.16M | -$2.05M | -$2.02M | -$1.25M | -$12K | -$660K | -$15K | -$27K | -$31K | -$52K | -$36K |
| Cash at Beginning | $22.47M | $21.14M | $32.62M | $137K | $134K | $1.49M | $2K | $8K | $806K | $196K | $176K | $180K | $124K | $49K | $75K | $180K | $15K | $14K | $697 | $209 | $283 | $594 | $269 | $124 | $112 |
| Cash at End | $9.99M | $22.47M | $21.49M | $6.66M | $137K | $134K | $1.49M | $4K | $8K | $806K | $196K | $176K | $180K | $124K | $49K | $75K | $180K | $15K | $10 | $697 | $209 | $283 | $594 | $269 | $124 |