Wright Investors Service Holdings, Inc. (IWSH)
Wright Investors' Service Holdings, Inc. currently possesses no major active business operations. In its prior existence, the company, utilizing its various subordinate entities, delivered a spectrum of financial services. These included investment management, financial advisory support, and comprehensive market research and data provisions, catering to a diverse clientele of both institutional and individual investors throughout the American market. The company was formerly identified as National Patent Development Corporation. Established in 1998, Wright Investors' Service Holdings, Inc. maintains its corporate base in Mount Kisco, New York.
Sector: Investment Advice
Industry: Shell Companies
Wright Investors' Service Holdings, Inc.
OTC:IWSHFinancial Services · Shell Companies
Mkt Cap$2.31M
Float12.87M
O/S20.62M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$1.02M
Total Assets$1.39M
Free Cash Flow-$1.05M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$1.31M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in IWSH's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.39M
Liabilities$79K
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$0
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 |
| Revenue | $0 | $0 | $6K | $0 | $0 | $0 | $0 | $0 | $5.41M | $5.71M | $6.03M | $5.82M | $5.85M | $189K | $0 | $4.93M | $182.67M | $115.46M | $132.89M | $117.08M | $114.37M | $110.22M | $103.7M | $10M | $11.18M | $11M |
| YoY Growth | - | - | - | - | - | - | - | - | -5.2% | -5.2% | 3.5% | -0.6% | 2997.4% | - | - | -97.3% | 58.2% | -13.1% | 13.5% | 2.4% | 3.8% | 6.3% | 937.4% | -10.6% | 1.7% | - |
| Cost of Revenue | $462K | $452K | $1.17M | $460K | $450K | $496K | $449K | $801K | $5.41M | $5.71M | $6.03M | $5.82M | $6K | $0 | $0 | $4.59M | $166.37M | $95.13M | $109.22M | $97.61M | $95.46M | $90.15M | $84.12M | $0 | $0 | $0 |
| Gross Profit | -$462K | -$452K | -$1.17M | -$460K | -$450K | -$496K | -$449K | -$801K | $0 | $0 | $0 | $0 | $5.85M | $189K | $0 | $341K | $16.3M | $20.33M | $23.67M | $19.48M | $18.9M | $20.07M | $19.58M | $10M | $11.18M | $11M |
| Gross Margin | - | - | -19433.3% | - | - | - | - | - | - | - | - | - | 99.9% | 100.0% | - | 6.9% | 8.9% | 17.6% | 17.8% | 16.6% | 16.5% | 18.2% | 18.9% | 100.0% | 100.0% | 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 | $0 |
| Selling, General, and Administrative | $0 | $0 | $709K | $0 | $0 | $0 | $0 | $1.4M | $3.36M | $3.8M | $4.8M | $5.11M | $9.63M | $2.18M | $1.81M | $3.4M | $3.06M | $23.63M | $23.98M | $18.68M | $20.43M | $19.97M | $18.27M | $0 | $0 | $0 |
| Other | $634K | $1.08M | $714K | $768K | $719K | $829K | $1.79M | $0 | $3.34M | $3.59M | $3.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $182K | $872K | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $634K | $1.08M | $709K | $768K | $719K | $829K | $1.79M | $1.4M | $6.7M | $7.39M | $8.59M | $5.11M | $9.63M | $2.18M | $1.81M | $3.4M | $3.06M | $23.63M | $23.98M | $18.68M | $20.61M | $20.84M | $18.27M | $0 | $0 | $0 |
| Operating Income (EBIT) | -$1.1M | -$1.08M | -$1.17M | -$1.23M | -$1.17M | -$1.32M | -$2.24M | -$2.55M | -$1.29M | -$1.68M | -$2.56M | -$3.32M | -$3.77M | -$5.62M | -$1.81M | -$3.4M | -$3.06M | -$3.31M | -$316K | $801K | -$1.71M | -$772K | $1.31M | $10M | $11.18M | $11M |
| Operating Margin | - | - | -19533.3% | - | - | - | - | - | -23.8% | -29.5% | -42.5% | -57.1% | -64.4% | -2974.1% | - | -68.9% | -1.7% | -2.9% | -0.2% | 0.7% | -1.5% | -0.7% | 1.3% | 100.0% | 100.0% | 100.0% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $100K | $244K | $0 | $0 | $0 | -$18K | -$100K | -$1.49M | $1.37M | $1.63M | $1.56M | $1.58M | $1.1M | $864K | $208K | $169K | $102K |
| Interest Income | $72K | $159K | $166K | $21K | $53K | $311K | $262K | $67K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $72K | $159K | $166K | $21K | $53K | $311K | $262K | $67K | $388K | -$415K | $166K | -$172K | -$162K | -$614K | $18K | $22K | $9.68M | -$1.27M | $13.82M | -$1.58M | -$1.53M | -$2.34M | -$925K | -$9.7M | -$10.42M | -$12.47M |
| Income Before Tax (EBT) | -$1.02M | -$920K | -$1.01M | -$1.21M | -$1.12M | -$1.01M | -$1.98M | -$2.49M | -$1.39M | -$2.08M | -$2.39M | -$2.73M | -$3.93M | -$5.63M | -$1.79M | -$3.37M | $6.63M | -$4.58M | $13.51M | -$777K | -$3.24M | -$3.11M | $383K | $292K | $764K | -$1.47M |
| Income Tax Expense | $0 | $0 | $0 | -$21K | $2K | -$21K | $25K | $40K | -$96K | $54K | $27K | -$172K | $30K | -$614K | $257K | -$1.01M | $1.64M | -$940K | $1.27M | $327K | -$220K | $982K | $176K | $145K | $395K | -$508K |
| Net Income | -$1.02M | -$920K | -$1.01M | -$1.19M | -$1.12M | -$993K | -$2M | -$1.72M | -$1.29M | -$2.13M | -$2.42M | -$2.24M | -$6.78M | -$5.07M | -$2.09M | -$3.31M | $4.77M | -$3.39M | $11.72M | -$1.21M | -$2.92M | -$4.53M | -$104K | $147K | $369K | -$960K |
| Net Income Margin | - | - | -16766.7% | - | - | - | - | - | -23.8% | -37.3% | -40.2% | -38.5% | -115.7% | -2680.4% | - | -67.2% | 2.6% | -2.9% | 8.8% | -1.0% | -2.6% | -4.1% | -0.1% | 1.5% | 3.3% | -8.7% |
| Supplementary Data | ||||||||||||||||||||||||||
| EPS | -0.05 | -0.04 | -0.05 | -0.06 | -0.06 | -0.05 | -0.10 | -0.09 | -0.07 | -0.11 | -0.13 | -0.12 | -0.36 | -0.29 | -0.11 | -0.19 | 0.27 | -0.20 | 0.67 | -0.07 | -0.16 | -0.25 | -0.01 | 0.01 | 0.03 | -0.08 |
| Diluted EPS | -0.05 | -0.04 | -0.05 | -0.06 | -0.06 | -0.05 | -0.10 | -0.09 | -0.07 | -0.11 | -0.13 | -0.12 | -0.36 | -0.29 | -0.11 | -0.19 | 0.27 | -0.20 | 0.67 | -0.07 | -0.16 | -0.25 | -0.01 | 0.01 | 0.03 | -0.08 |
| Weighted Average OS | 20.62M | 20.62M | 20.62M | 20.50M | 20.29M | 19.98M | 19.74M | 19.51M | 19.22M | 19.09M | 19.25M | 19.10M | 18.96M | 17.69M | 18.94M | 17.57M | 17.55M | 16.78M | 17.50M | 17.24M | 18.24M | 18.12M | 18.27M | 18.43M | 12.30M | 12.00M |
| EBITDA | -$1.1M | -$1.08M | $6K | $0 | $0 | $0 | -$2.05M | -$1.77M | -$1.34M | -$1.04M | -$2.06M | -$2.76M | -$3.12M | -$3.56M | -$38K | -$2.32M | $421K | $656K | $467K | $1.58M | -$1.09M | -$46K | $1.9M | $10M | $11.18M | $11M |
| EBITDA Margin | - | - | 100.0% | - | - | - | - | - | -24.8% | -18.2% | -34.1% | -47.4% | -53.2% | -1886.2% | - | -47.1% | 0.2% | 0.6% | 0.4% | 1.4% | -1.0% | -0.0% | 1.8% | 100.0% | 100.0% | 100.0% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 |
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash and Cash Equivalents | $33K | $1.44M | $125K | $90K | $5.4M | $6.47M | $7.34M | $6.16M | $6.02M | $7.03M | $8.49M | $11.16M | $12.57M | $18.88M | $27.25M | $28.07M | $23.01M | $13.09M | $15.7M | $4.49M | $5.12M | $2.09M | $602K | $562K | $536K | $627K |
| Short-Term Investments | $1.27M | $914K | $3.14M | $4.13M | $0 | $0 | $0 | $2.98M | $0 | $0 | $157K | $154K | $132K | $190K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.3M | $2.35M | $3.27M | $4.22M | $5.4M | $6.47M | $7.34M | $9.14M | $6.02M | $7.03M | $8.65M | $11.32M | $12.7M | $19.07M | $27.25M | $28.07M | $23.01M | $13.09M | $15.7M | $4.49M | $5.12M | $2.09M | $602K | $562K | $536K | $627K |
| Accounts Receivable | $0 | $0 | $0 | $73K | $73K | $73K | $15K | $51K | $304K | $291K | $326K | $336K | $322K | $502K | $0 | $0 | $0 | $9.81M | $12.76M | $12.19M | $13.22M | $16.41M | $11.79M | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $23.05M | $27.72M | $22.54M | $24.02M | $30.7M | $28.3M | $0 | $0 | $0 |
| Other Current Assets | $78K | $84K | $97K | $100K | -$5.47M | $0 | $0 | $0 | $725K | $393K | $493K | $0 | $0 | $0 | $0 | $755K | $31.48M | $1.35M | $470K | $791K | $352K | $1.77M | $80K | $0 | $0 | $0 |
| Total Current Assets | $1.38M | $2.44M | $3.37M | $4.39M | $5.51M | $6.58M | $7.48M | $9.34M | $6.75M | $7.71M | $9.47M | $12.12M | $13.43M | $19.84M | $27.38M | $29.21M | $55.39M | $47.41M | $57.97M | $40.73M | $43.71M | $51.32M | $41.62M | $562K | $536K | $627K |
| Long-Term Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $100K | $103K | $44K | $40K | $49K | $52K | $355K | $361K | $18K | $912K | $3.53M | $2.92M | $3.08M | $2.88M | $5.72M | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $37K | $74K | $3.36M | $3.36M | $3.36M | $3.36M | $3.36M | $3.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $182K | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.62M | $2.02M | $2.64M | $3.28M | $3.92M | $4.55M | $0 | $0 | $0 | $599K | $0 | $0 | $0 | $182K | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $355K | $355K | $642K | $355K | $355K | $355K | $0 | $0 | $355K | $7K | $0 | $0 | $0 | $0 | $2.98M | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $4.4M | $5.52M | $6.59M | $37K | $74K | $148K | $13.65M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.54M | $470K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $8K | $8K | $8K | -$4.39M | -$5.51M | -$6.58M | -$11K | -$16K | $108K | -$13.55M | $120K | $108K | $325K | $325K | $275K | $375K | $282K | $3.2M | $2.93M | $9.58M | $5.43M | $6.1M | $3.13M | $0 | $0 | $0 |
| Total Long-Term Assets | $8K | $8K | $8K | $8K | $8K | $8K | $63K | $132K | $5.69M | $5.95M | $6.81M | $7.15M | $8.01M | $8.65M | $630K | $736K | $655K | $6.26M | $6.94M | $12.51M | $8.51M | $9.15M | $12.02M | $0 | $0 | $0 |
| 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 | $29.87M | $0 | $0 |
| Total Assets | $1.39M | $2.45M | $3.37M | $4.4M | $5.52M | $6.59M | $7.54M | $9.47M | $12.45M | $13.65M | $16.28M | $19.26M | $21.44M | $28.49M | $28M | $29.94M | $56.04M | $53.67M | $64.91M | $53.23M | $52.22M | $60.47M | $53.64M | $29.87M | $30.84M | $29.44M |
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $393K | $509K | $0 | $395K | $453K | $134K | $255K | $1.13M | $384K | $8.05M | $9.98M | $9.57M | $15.39M | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $53K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18.38M | $20.18M | $18.57M | $21.05M | $20.75M | $17.35M | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $30K | $37K | $37K | $12K | $16K | $227K | $331K | $434K | $964K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | -$41 | $0 | $0 | $6K | $11K | $0 | $12K | $14K | $16K | $0 | $0 | $0 | $0 | $3.85M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $773K | $237K | $200K | $732K | $100K | $100K | $0 | $0 | $22.11M | $7.85M | $1.63M | -$2.92M | $0 | $1.16M | $13.7M | $0 | $0 | $0 |
| Total Current Liabilities | $79K | $115K | $83K | $112K | $93K | $136K | $190K | $204K | $955K | $989K | $1.23M | $1.86M | $1.52M | $2.22M | $740K | $689K | $24.21M | $26.61M | $33.72M | $28.54M | $30.62M | $37.29M | $31.05M | $0 | $0 | $0 |
| Long-Term Liabilities | ||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.44M | $1.33M | $1.11M | $1.4M | $3.2M | $2.67M | $0 | $59K |
| Long-Term Unearned Revenue | $0 | $0 | $83K | $112K | $93K | $136K | $190K | $204K | $6K | $11K | $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 | $435K | -$11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $279K | $279K | $279K | $239K | $102K | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | -$83K | -$112K | -$93K | -$136K | -$190K | -$204K | $467K | $570K | $714K | $698K | $1.31M | $1.2M | $0 | $0 | $0 | $1.11M | $493K | $247K | $20K | $19K | $0 | -$2.67M | $0 | -$59K |
| Total Long-Term Liabilities | $0 | $0 | $0 | $112K | $93K | $83K | $190K | $204K | $467K | $570K | $714K | $698K | $1.31M | $1.2M | $0 | $0 | $0 | $1.11M | $2.21M | $1.86M | $1.41M | $1.65M | $3.31M | $2.67M | $0 | $59K |
| Other Liabilities | $0 | $0 | $0 | -$112K | -$93K | -$83K | -$190K | -$204K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.75M | $0 | $0 |
| Total Liabilities | $79K | $115K | $83K | $112K | $93K | $136K | $190K | $204K | $1.42M | $1.56M | $1.94M | $2.56M | $2.82M | $3.42M | $740K | $689K | $24.21M | $27.72M | $35.93M | $30.4M | $32.03M | $38.95M | $34.36M | $4.42M | $0 | $59K |
| 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 | $216K | $216K | $216K | $213K | $210K | $206K | $206K | $204K | $199K | $198K | $197K | $191K | $190K | $190K | $181K | $181K | $181K | $181K | $180K | $178K | $178K | $178K | $178K | $0 | $0 | $0 |
| Retained Earnings | -$31.55M | -$30.53M | -$29.61M | -$28.6M | -$27.4M | -$26.28M | -$25.29M | -$23.28M | -$21.41M | -$20.12M | -$17.99M | -$15.57M | -$13.33M | -$6.55M | -$1.49M | $604K | $3.92M | -$849K | $2.54M | -$9.18M | -$7.76M | -$4.84M | -$353K | $0 | $0 | $0 |
| Comprehensive Income & Other | $0 | $0 | $40K | $32K | -$0 | -$0 | $0 | $0 | -$0 | -$0 | $0 | $0 | $0 | $0 | $0 | $0 | -$482K | -$667K | -$17K | $4.33M | $132K | -$336K | -$535K | $0 | $0 | $0 |
| Other Stockholders' Equity | $32.65M | $32.65M | $32.69M | $32.68M | $32.62M | $32.53M | $32.44M | $32.35M | $32.23M | $32.02M | $32.13M | $32.08M | $31.75M | $31.43M | $28.57M | $28.47M | $27.73M | $26.62M | $23.35M | $30.14M | $26.05M | $24.43M | $17.41M | $25.45M | $26.02M | $26.58M |
| Total Equity | $1.31M | $2.33M | $3.29M | $4.29M | $5.43M | $6.45M | $7.36M | $9.27M | $11.02M | $12.1M | $14.34M | $16.71M | $18.62M | $25.07M | $27.27M | $29.25M | $31.83M | $25.95M | $26.07M | $21.14M | $18.47M | $19.76M | $17.24M | $25.45M | $26.02M | $26.58M |
| Minority Interest | $0 | $0 | $0 | -$4.22M | -$5.4M | -$6.42M | -$7.34M | -$9.14M | -$5.6M | -$7.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.9M | $1.7M | $1.73M | $1.77M | $2.04M | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.39M | $2.45M | $3.37M | $4.4M | $5.52M | $6.59M | $7.54M | $9.47M | $12.45M | $13.65M | $16.28M | $19.26M | $21.44M | $28.49M | $28M | $29.94M | $56.04M | $53.67M | $62M | $51.54M | $50.49M | $58.7M | $51.59M | $29.87M | $26.02M | $26.64M |
| Supplementary Data | ||||||||||||||||||||||||||
| Total Debt | $0 | $0 | $105K | $108K | $54K | $53K | $157K | $204K | $6.35M | $501K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18.38M | $21.63M | $19.9M | $22.16M | $22.15M | $20.55M | $2.67M | $0 | $59K |
| Net Debt | -$33K | -$1.44M | -$125K | $18K | -$5.34M | -$6.42M | -$7.18M | -$5.96M | $328K | -$6.53M | -$8.49M | -$11.16M | -$12.57M | -$18.88M | -$27.25M | -$28.07M | -$23.01M | $5.29M | $5.93M | $15.41M | $17.05M | $20.06M | $19.95M | $2.11M | -$536K | -$568K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Operating Activities | |||||||||||||||||||||||
| Net Income | -$1.02M | -$920K | -$1.01M | -$1.21M | -$1.12M | -$993K | -$2M | -$1.72M | -$1.29M | -$2.13M | -$2.42M | -$2.24M | -$6.78M | -$5.07M | -$2.09M | -$3.31M | $4.77M | -$3.39M | $11.72M | -$1.21M | -$2.92M | -$4.53M | -$104K |
| Depreciation & Amortization | $0 | $0 | $1.17M | $1.23M | $1.17M | $1.32M | $192K | $433K | $433K | $643K | $652K | $659K | $655K | $20K | $6K | $12K | $421K | $656K | $783K | $781K | $619K | $726K | $593K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $37K | $192K | $74K | -$148K | $293K | -$74K | -$719K | $0 | -$800K | $0 | $346K | $879K | -$1.03M | $426K | -$199K | -$253K | $1.47M | -$296K |
| Stock-Based Compensation | $0 | $0 | $0 | $82K | $94K | $92K | $90K | $117K | $218K | $229K | $446K | $330K | $323K | $1.09M | $101K | $253K | $905K | $2.16M | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||
| Accounts Receivable | $0 | $0 | $73K | $0 | $0 | -$58K | $0 | $0 | -$13K | $35K | $10K | -$14K | $140K | $409K | $0 | $0 | $778K | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $58K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.07M | $3.67M | -$2.97M | $946K | $6.55M | -$2.4M | -$6.35M |
| Accounts Payable | $0 | $0 | $0 | $19K | $10K | -$107K | -$14K | $17K | -$12K | -$289K | -$86K | -$286K | -$473K | $465K | $154K | -$1.06M | -$282K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $6K | $13 | -$26K | -$54K | -$6K | $88K | -$72K | -$14K | -$410K | -$282K | -$75K | -$466K | -$730K | $232K | $0 | $0 | $1.27M | -$3.72M | $3.08M | $1.06M | -$7.11M | $1.43M | $7.87M |
| Total Working Capital Change | $6K | $13 | $47K | -$35K | $4K | -$19K | -$86K | $3K | -$423K | -$247K | -$65K | -$480K | -$590K | $641K | $755K | -$2.33M | $4.34M | -$51K | $104K | $2M | -$564K | -$964K | $1.52M |
| Other Non-Cash Items | -$36K | -$18K | -$1.18M | -$1.23M | -$1.22M | -$1.36M | -$192K | -$831K | $235K | $12K | -$302K | -$653K | $85K | -$20K | -$2.09M | -$1.6M | -$9.58M | $415K | -$13.71M | $172K | $294K | $2.66M | $978K |
| Net Cash from Operating | -$1.05M | -$938K | -$965K | -$1.16M | -$1.07M | -$920K | -$1.81M | -$1.92M | -$975K | -$1.2M | -$1.69M | -$2.38M | -$6.3M | -$4.13M | -$1.23M | -$6.64M | $1.74M | -$1.24M | -$678K | $1.55M | -$2.82M | -$641K | $2.69M |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$33K | -$73K | -$19K | -$13K | -$15K | $0 | $0 | $0 | -$65K | -$672K | -$1.39M | -$621K | -$1.17M | -$458K | -$525K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.45M | $0 | $0 | $0 | $0 | $0 | -$4.23M | $0 | $26.46M | $0 | -$3.85M | -$3.5M | $0 | $0 | -$657K | -$544K |
| Purchases of Investments | -$601K | -$2M | -$735K | -$4.1M | $0 | -$250K | -$15.86M | -$2.96M | $0 | $0 | -$333K | $0 | $0 | $0 | $0 | $0 | $0 | -$275K | $0 | $0 | $0 | -$1.59M | $203K |
| Sales of Investments | $0 | $4.26M | $1.74M | $0 | $0 | $250K | $18.84M | $0 | $0 | $148K | $0 | $994K | $0 | $0 | $0 | $0 | $0 | $0 | $17.6M | $0 | $1.35M | $1.01M | $521K |
| Other Investing Activities | $248K | $0 | $1K | -$4K | $0 | $0 | $3K | $2K | $0 | $148 | -$333 | $994 | $0 | -$4K | $400K | -$300K | $12.2M | $4.66M | $251K | $891K | $1.62M | $150K | $368K |
| Net Cash from Investing | -$353K | $2.25M | $1K | -$4.1M | $0 | $0 | $2.98M | $2.48M | -$33K | $75K | -$352K | $981K | -$15K | -$4.23M | $400K | $26.16M | $12.13M | -$140K | $12.95M | $270K | $1.81M | -$1.54M | -$180K |
| Financing Activities | |||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | -$53K | - | - | - | - | - | - | - | - | - | - | - | $1.7M | -$215K | -$86K | $3.12M | -$1.18M | -$442K |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $480K | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | -$48K | $0 | $0 | $0 | $0 | $0 | -$340K | -$392K | $0 | $0 | $0 | $0 | -$1K | $0 | -$1.11M | -$3.27M | -$188K | $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 | -$1.01M | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $53K | $0 | $0 | $0 | $0 | -$236K | $0 | $0 | $0 | $0 | $0 | $0 | $3.14M | $0 | $0 | $4.91M | $1.95M | -$1.99M |
| Net Cash from Financing | $0 | $0 | $0 | -$48K | $0 | $53K | $0 | $0 | $0 | -$340K | -$628K | $0 | $0 | $0 | $0 | -$14.52M | -$3.89M | -$1.23M | -$1.06M | -$2.45M | $4.04M | $3.67M | -$2.48M |
| 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 |
| Net Change in Cash | -$1.41M | $1.31M | $35K | -$5.31M | -$1.07M | -$867K | $1.17M | $562K | -$1.01M | -$1.47M | -$2.67M | -$1.4M | -$6.32M | -$8.36M | -$827K | $5.01M | $9.98M | -$2.61M | $11.21M | -$630K | $3.03M | $1.49M | $40K |
| Supplementary Data | |||||||||||||||||||||||
| Operating Cash Flow | -$1.05M | -$938K | -$965K | -$1.16M | -$1.07M | -$920K | -$1.81M | -$1.92M | -$975K | -$1.2M | -$1.69M | -$2.38M | -$6.3M | -$4.13M | -$1.23M | -$6.64M | $1.74M | -$1.24M | -$678K | $1.55M | -$2.82M | -$641K | $2.69M |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$33K | -$73K | -$19K | -$13K | -$15K | $0 | $0 | $0 | -$65K | -$672K | -$1.39M | -$621K | -$1.17M | -$458K | -$525K |
| Free Cash Flow | -$1.05M | -$938K | -$965K | -$1.16M | -$1.07M | -$920K | -$1.81M | -$1.92M | -$1.01M | -$1.27M | -$1.71M | -$2.4M | -$6.32M | -$4.13M | -$1.23M | -$6.64M | $1.67M | -$1.91M | -$2.07M | $931K | -$3.99M | -$1.1M | $2.17M |
| Cash at Beginning | $1.44M | $125K | $90K | $5.4M | $6.47M | $7.34M | $6.16M | $5.6M | $7.03M | $8.49M | $11.16M | $12.57M | $18.88M | $27.25M | $28.07M | $23.07M | $13.09M | $15.7M | $4.49M | $5.12M | $2.09M | $602K | $562K |
| Cash at End | $33K | $1.44M | $125K | $90K | $5.4M | $6.47M | $7.34M | $6.16M | $6.02M | $7.03M | $8.49M | $11.16M | $12.57M | $18.88M | $27.25M | $28.07M | $23.07M | $13.09M | $15.7M | $4.49M | $5.12M | $2.09M | $602K |