Resonate Blends, Inc. (KOAN)
APOLLO BioWellness Inc. focuses its efforts on researching, formulating, and bringing to market products designed for human health within the regenerative medicine sector. A significant part of its operations involves the commercialization of licensed, naturally derived compounds currently awaiting patent approval, which are specifically engineered to boost an individual's innate capacity to mobilize adult stem cells from their own bone marrow. Additionally, the firm possesses the marketing rights for an all-natural, two-pronged dietary supplement crafted to help regulate hunger by engaging the body's intrinsic signaling pathways between the brain and the digestive system. Beyond its current offerings, the company is also deeply involved in research and development initiatives. These efforts are dedicated to exploring new frontiers, such as Secretogues aimed at enhancing a person's endogenous growth hormone synthesis, along with other natural bioactive formulations intended to optimize human physiological performance. This is achieved by harnessing the body's own biological mechanisms, entirely without the use of pharmaceutical drugs. The company maintains its corporate headquarters in North Bergen, New Jersey.
Sector: Services-Prepackaged Software
Industry: Drug Manufacturers - Specialty & Generic
Resonate Blends, Inc.
OTC:KOANHealthcare · Drug Manufacturers - Specialty & Generic
$0.0004
Mkt Cap$71K
Float190.05M
O/S195.25M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.7M
Net Income-$1.73M
Total Assets$2.36M
Free Cash Flow-$1.52M
Debt & Equity
Debt 878%
Preferred 0%
Total Debt$5.3M
Total Equity-$4.7M
Preferred Stock$200
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in KOAN's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.36M
Liabilities$7.06M
Accounts Receivable$530K
Accounts Payable$1.76M
Inventory$0
PP&E (Net)$15K
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 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| 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 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 |
| Revenue | $1.7M | $1.9M | $16K | $50K | $27K | $0 | $1.05M | $1.07M | $944K | $458K | $317K | $342K | $340K | $246K | $2.69M | $3.22M | $7.4M | $11.9M | $14.4M | $8.5M | $9.5M | $11.2M | $14.5M | $15.8M | $23.2M | $28M | $30.7M | $24.5M | $16.4M |
| YoY Growth | -10.2% | 11414.5% | -66.7% | 83.1% | - | - | -1.5% | 13.0% | 105.9% | 44.4% | -7.2% | 0.8% | 37.9% | -90.9% | -16.4% | -56.4% | -37.8% | -17.4% | 69.4% | -10.5% | -15.2% | -22.8% | -8.2% | -31.9% | -17.1% | -8.8% | 25.3% | 49.4% | - |
| Cost of Revenue | $374K | $660K | $114K | $33K | $19K | $0 | $393K | $315K | $317K | $103K | $116K | $154K | $84K | $69K | $1.15M | $1.83M | $4.97M | $5.04M | $5M | $4.21M | $3.45M | $3.5M | $4.8M | $4.9M | $10.3M | $10.9M | $10.8M | $7.8M | $4.9M |
| Gross Profit | $1.33M | $1.24M | -$98K | $16K | $8K | $0 | $657K | $752K | $626K | $355K | $201K | $188K | $255K | $177K | $1.55M | $1.39M | $2.43M | $6.87M | $9.41M | $4.29M | $6.06M | $7.7M | $9.7M | $10.9M | $12.9M | $17.1M | $19.9M | $16.7M | $11.5M |
| Gross Margin | 78.1% | 65.2% | -593.1% | 33.2% | 29.2% | - | 62.6% | 70.5% | 66.4% | 77.5% | 63.4% | 55.1% | 75.2% | 72.1% | 57.4% | 43.1% | 32.8% | 57.7% | 65.3% | 50.4% | 63.7% | 68.8% | 66.9% | 69.0% | 55.6% | 61.1% | 64.8% | 68.2% | 70.1% |
| Research and Development | $0 | $62K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $317K | $631K | $1.19M | $1.35M | $699K | $570K | $844K | $1.6M | $2.1M | $2.7M | $2M | $1.8M | $800K | $0 | $0 |
| Selling, General, and Administrative | $2.31M | $2.87M | $302K | $1.4M | $2.13M | $1.81M | $3.98M | $973K | $7.18M | $1.17M | $3.21M | $427K | $347K | $201K | $1.11M | $1.92M | $5.56M | $6.32M | $5.74M | $4.95M | $6.8M | $6.4M | $9.2M | $8.2M | $16.1M | $17.8M | $17.1M | $12.4M | $8.5M |
| Other | $0 | $0 | $0 | $8K | $405K | $0 | $25K | $0 | $38K | $0 | $0 | $0 | $0 | $0 | $0 | $528K | $334K | $0 | $0 | $0 | $1.62M | $1.7M | $1.7M | $1.6M | $3.4M | $3M | $1.6M | $1.2M | $800K |
| Total Operating Expenses | $2.31M | $2.93M | $302K | $1.41M | $2.54M | $1.81M | $3.98M | $973K | $7.18M | $1.17M | $3.21M | $427K | $347K | $203K | $1.42M | $3.08M | $7.08M | $7.67M | $6.44M | $5.52M | $9.27M | $9.7M | $13M | $12.5M | $21.5M | $22.6M | $19.5M | $13.6M | $9.3M |
| Operating Income (EBIT) | -$985K | -$1.7M | -$399K | -$1.39M | -$2.53M | -$1.81M | -$3.32M | -$307K | -$6.55M | -$816K | -$3.01M | -$238K | -$91K | -$23K | $123K | -$1.69M | -$4.66M | -$799K | $2.97M | -$1.24M | -$3.21M | -$2M | -$3.3M | -$1.6M | -$8.6M | -$5.5M | $400K | $3.1M | $2.2M |
| Operating Margin | -57.8% | -89.5% | -2424.2% | -2806.8% | -9364.8% | - | -316.4% | -28.8% | -693.9% | -178.0% | -947.3% | -69.6% | -26.9% | -9.5% | 4.6% | -52.3% | -62.9% | -6.7% | 20.6% | -14.6% | -33.8% | -17.9% | -22.8% | -10.1% | -37.1% | -19.6% | 1.3% | 12.7% | 13.4% |
| Interest Expense | $752K | $351K | $797K | $150K | $393K | $111K | $211K | $45K | $286K | $754K | $288K | $134K | $3K | $0 | $0 | $0 | $0 | $0 | $0 | $57K | $0 | $0 | $0 | $0 | $200K | $100K | $0 | $0 | $100K |
| Interest Income | $0 | $0 | $0 | $182K | $0 | $111K | $196K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $106K | $108K | $17K | $25K | $53K | $0 | $64K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$747K | -$436K | -$1.02M | $2.04M | -$2.34M | -$143K | -$347K | -$33K | -$1.1M | -$2.41M | -$547K | -$218K | -$21K | -$2K | $49K | $108K | $17K | $25K | $53K | $23K | $64K | $0 | $300K | $200K | -$1.6M | $600K | $300K | $1.3M | $600K |
| Income Before Tax (EBT) | -$1.73M | -$2.13M | -$1.42M | $654K | -$4.87M | -$1.96M | -$3.67M | $21K | -$7.65M | -$3.26M | -$3.55M | -$456K | -$112K | -$25K | $172K | -$1.58M | -$4.64M | -$774K | $3.02M | -$1.21M | -$3.14M | $0 | -$3M | -$1.4M | -$10.2M | -$4.9M | $700K | $4.4M | $2.8M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $211K | $373K | $0 | $772K | $0 | $0 | $0 | $0 | $0 | $0 | -$17K | $1K | $0 | $6K | $2.85M | $0 | $100K | $100K | -$1.1M | -$1.8M | $200K | $1.5M | -$500K |
| Net Income | -$1.73M | -$2.13M | -$1.42M | $2.87M | -$5.02M | -$2.05M | -$3.88M | $21K | -$7.65M | -$3.26M | -$3.55M | -$456K | -$112K | -$25K | $172K | -$1.71M | -$4.64M | -$775K | $3.02M | -$1.22M | -$6M | -$2M | -$3.1M | -$1.5M | -$9.1M | -$3.1M | $500K | $2.9M | $2.7M |
| Net Income Margin | -101.7% | -112.5% | -8598.4% | 5794.6% | -18569.9% | - | -369.5% | 2.0% | -810.5% | -711.8% | -1119.6% | -133.4% | -33.0% | -10.3% | 6.4% | -53.0% | -62.7% | -6.5% | 21.0% | -14.4% | -63.1% | -17.9% | -21.4% | -9.5% | -39.2% | -11.1% | 1.6% | 11.8% | 16.5% |
| Supplementary Data | |||||||||||||||||||||||||||||
| EPS | -0.01 | -0.02 | -0.02 | 0.04 | -0.16 | -0.08 | -0.35 | 0.01 | -3.83 | -24.71 | -43.21 | -6.63 | -1.73 | -0.39 | -193.72 | -3133.94 | -8620.82 | -1451.31 | 6245.50 | -2904.76 | -14310.26 | -5181.35 | -9037.90 | -4411.76 | -27659.57 | -9480.12 | 1650.00 | 10350.00 | 7200.00 |
| Diluted EPS | -0.01 | -0.02 | -0.02 | 0.04 | -0.16 | -0.08 | -0.35 | 0.01 | -3.83 | -24.71 | -43.21 | -6.63 | -1.73 | -0.39 | -193.72 | -3133.94 | -8620.82 | -1451.31 | 6245.50 | -2904.76 | -14310.26 | -5181.35 | -9037.90 | -4411.76 | -27659.57 | -9480.12 | 1650.00 | 9900.00 | 7200.00 |
| Weighted Average OS | 205.54M | 98.09M | 80.01M | 75.44M | 31.09M | 25.46M | 11.24M | 4.22M | 1.99M | 132,006 | 82,255 | 68,831 | 64,843 | 64,512 | 573 | 545 | 538 | 534 | 444 | 420 | 419 | 386 | 343 | 340 | 329 | 327 | 325 | 312 | 301 |
| EBITDA | -$981K | -$1.78M | -$610K | $811K | -$4.48M | -$1.79M | -$3.3M | -$307K | -$7.36M | -$2.57M | -$3.27M | -$238K | -$98K | -$2K | $685K | -$448K | -$3.23M | $423K | $4.45M | $503K | -$1.59M | -$300K | -$1.6M | $700K | -$5.2M | -$2.5M | $2M | $4.3M | $3M |
| EBITDA Margin | -57.6% | -93.6% | -3703.1% | 1639.2% | -16556.5% | - | -314.4% | -28.8% | -780.2% | -560.6% | -1028.9% | -69.5% | -28.8% | -0.8% | 25.4% | -13.9% | -43.7% | 3.6% | 30.9% | 5.9% | -16.7% | -2.7% | -11.0% | 4.4% | -22.4% | -8.9% | 6.5% | 17.6% | 18.3% |
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 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| 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 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 |
| Assets | |||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $41K | $8K | $7K | $64K | $13K | $114K | $53K | $69K | $10K | $0 | $61K | $5K | $1K | $0 | $997K | $360K | $1.29M | $2.7M | $3.78M | $1.86M | $1.28M | $2M | $2.2M | $200K | $1.1M | $300K | $700K | $1M | $1.1M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $41K | $8K | $7K | $64K | $13K | $114K | $53K | $69K | $10K | $0 | $61K | $5K | $1K | $0 | $997K | $360K | $1.29M | $2.7M | $3.78M | $1.86M | $1.28M | $3.6M | $2.2M | $200K | $1.1M | $300K | $700K | $1M | $1.1M |
| Accounts Receivable | $530K | $56K | $0 | $150K | $0 | $0 | $53K | $15K | $3K | $4K | $3K | $8K | $7K | $3K | $248K | $699K | $605K | $1.23M | $2.41M | $1.33M | $1.77M | $1.9M | $3.1M | $3M | $4.1M | $8.1M | $8.8M | $9.3M | $4.7M |
| Inventory | $0 | $0 | $0 | $160K | $246K | $0 | -$103K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $970K | $150K | $0 | $0 | $103K | $0 | $0 | $0 | $0 | $0 | $1K | $5K | $0 | $475K | $0 | $0 | $0 | $0 | $2.64M | $600K | $500K | $5.5M | $6.8M | $8.7M | $12.5M | $12.6M | $200K |
| Total Current Assets | $1.54M | $1.03M | $977K | $375K | $270K | $169K | $106K | $83K | $13K | $4K | $64K | $13K | $9K | $5K | $2.17M | $1.53M | $2.46M | $4.92M | $6.85M | $3.67M | $5.7M | $6.1M | $5.8M | $8.7M | $12M | $17.1M | $22M | $22.9M | $6M |
| Long-Term Assets | |||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $15K | $15K | $15K | $24K | $31K | $0 | $0 | $0 | $0 | $305 | $1K | $2K | $0 | $0 | $55K | $82K | $264K | $489K | $738K | $421K | $717K | $900K | $1.5M | $1.9M | $2.9M | $4M | $3.9M | $2.4M | $1.1M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $593K | $593K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $45K | $0 | $0 | $0 | $0 | $0 | $418K | $935K | $2.46M | $3.43M | $175K | $166K | $311K | $500K | $600K | $200K | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $805K | $805K | $100 | $100 | $100 | $100 | $25K | $451K | $452K | $454K | $0 | $0 | $0 | $0 | $8K | $50K | $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 | -$8K | -$50K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | -$24K | $0 | -$100 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $588K | $1.48M | $1.09M | $2.97M | $2.04M | $1.76M | $2.58M | $4.5M | $3.4M | $3.5M | $3.5M | $4.9M | $3.2M | $2.3M | $1.9M |
| Total Long-Term Assets | $821K | $821K | $15K | $24K | $31K | $100 | $25K | $451K | $498K | $454K | $1K | $2K | $0 | $0 | $1.65M | $2.73M | $3.82M | $6.88M | $2.95M | $2.35M | $3.61M | $5.9M | $5.5M | $5.6M | $6.4M | $8.9M | $7.1M | $4.7M | $3M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $2.36M | $1.85M | $992K | $399K | $301K | $169K | $131K | $534K | $511K | $458K | $65K | $15K | $9K | $5K | $3.82M | $4.26M | $6.27M | $11.81M | $9.8M | $6.02M | $9.31M | $12M | $11.3M | $14.3M | $18.4M | $26M | $29.1M | $27.6M | $9M |
| Liabilities | |||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||
| Accounts Payable | $1.76M | $1.2M | $445K | $320K | $207K | $199K | $52K | $225K | $481K | $292K | $181K | $250K | $88K | $38K | $138K | $332K | $581K | $568K | $909K | $575K | $679K | $600K | $1.4M | $900K | $1M | $1M | $1.8M | $2.1M | $1M |
| Short-Term Debt | $5.3M | $3.86M | $2.45M | $989K | $1.91M | $692K | $161K | $32K | $184K | $551K | $422K | $208K | $79K | $0 | $0 | $0 | $0 | $500K | $0 | $0 | $2.84M | $0 | $0 | $0 | $2.1M | $1M | $0 | $0 | $1.5M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $28K | $30K | -$153K | -$344K | $717K | $400K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | -$207K | -$199K | $0 | -$237K | $0 | $0 | $12K | $0 | $0 | $0 | $703K | $1.12M | $1.35M | $1.43M | $812K | $663K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $167K | $237K | $2.29M | $274K | $493K | $361K | $319K | $858K | $563K | -$55K | $0 | $15K | $74K | $46K | $266K | $41K | $759K | $768K | $1.56M | $2M | $2.2M | $2.7M | $3.7M | $3.8M | $3.4M | $4.2M | $2.3M |
| Total Current Liabilities | $7.06M | $5.05M | $3.13M | $1.55M | $4.4M | $1.17M | $718K | $257K | $984K | $1.64M | $1.17M | $402K | $168K | $53K | $976K | $1.6M | $2.42M | $3.44M | $2.98M | $2.06M | $5.08M | $2.6M | $3.6M | $3.6M | $6.8M | $5.8M | $5.2M | $6.3M | $4.8M |
| Long-Term Liabilities | |||||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $100K | $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 | $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 | $1M | $900K | $700K |
| 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 | $0 | $0 | $300K | $100K | $0 | $0 | $0 | $1.4M |
| Total Long-Term Liabilities | $0 | $0 | $0 | $1.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$100K | $300K | $200K | $0 | $1M | $900K | $2.1M |
| Other Liabilities | $0 | $0 | $0 | -$1.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $7.06M | $5.05M | $3.13M | $1.55M | $4.4M | $1.17M | $718K | $257K | $984K | $1.64M | $1.17M | $402K | $168K | $53K | $976K | $1.6M | $2.42M | $3.44M | $2.98M | $2.06M | $5.08M | $2.6M | $3.5M | $3.9M | $7M | $5.8M | $6.2M | $7.2M | $6.9M |
| Stockholders' Equity | |||||||||||||||||||||||||||||
| Preferred Stock | $200 | $200 | $200 | $200 | $200 | $200 | $600 | $607 | $607 | $407 | $400 | $0 | $0 | $0 | $2.98M | $3.01M | $3.01M | $2.33M | $2.48M | $2.83M | $1.7M | $2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $449K | $432K | $9K | $8K | $5K | $3K | $2K | $446 | $244 | $20K | $11K | $8K | $7K | $6K | $13K | $13K | $13K | $13K | $12K | $12K | $12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$30.6M | -$28.87M | -$26.74M | -$25.32M | -$25.97M | -$21.1M | -$19.16M | -$15.13M | -$15.15M | -$7.44M | -$4.18M | -$623K | -$166K | -$54K | -$25.44M | -$25.61M | -$23.91M | -$19.27M | -$18.49M | -$21.27M | -$20.05M | -$14.2M | -$12.1M | -$9M | -$7.5M | $1.6M | $4.7M | $4.1M | $2.1M |
| Comprehensive Income & Other | $0 | $0 | -$261K | -$261K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$0 | $0 | $0 | -$3.83M | -$16K | -$754K | -$400K | -$131K | -$26K | -$28K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $25.46M | $25.24M | $24.59M | $24.17M | $21.87M | $20.1M | $18.57M | $15.41M | $14.68M | $6.24M | $3.07M | $227K | $847 | -$304 | $28.28M | $28.26M | $27.74M | $27.62M | $25.3M | $25.21M | $24.26M | $23.6M | $19.9M | $19.4M | $18.9M | $18.6M | $18.2M | $16.3M | $0 |
| Total Equity | -$4.7M | -$3.2M | -$2.14M | -$1.15M | -$4.1M | -$996K | -$587K | $277K | -$473K | -$1.18M | -$1.1M | -$388K | -$159K | -$48K | $2.85M | $2.66M | $3.85M | $8.37M | $6.82M | $3.96M | $4.23M | $9.4M | $7.8M | $10.4M | $11.4M | $20.2M | $22.9M | $20.4M | $2.1M |
| 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 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.36M | $1.85M | $992K | $399K | $301K | $169K | $131K | $534K | $511K | $458K | $65K | $15K | $9K | $5K | $3.82M | $4.26M | $6.27M | $11.81M | $9.8M | $6.02M | $9.31M | $12M | $11.3M | $14.3M | $18.4M | $26M | $29.1M | $27.6M | $9M |
| Supplementary Data | |||||||||||||||||||||||||||||
| Total Debt | $5.3M | $3.86M | $2.45M | $989K | $1.91M | $692K | $173K | $32K | $184K | $571K | $422K | $208K | $69K | $0 | $0 | $0 | $0 | $500K | $0 | $0 | $2.84M | $0 | $0 | $0 | $2.2M | $1M | $0 | $0 | $1.5M |
| Net Debt | $5.26M | $3.85M | $2.44M | $924K | $1.9M | $578K | $120K | -$37K | $174K | $571K | $361K | $203K | $68K | $0 | -$997K | -$360K | -$1.29M | -$2.2M | -$3.78M | -$1.86M | $1.55M | -$2M | -$2.2M | -$200K | $1.1M | $700K | -$700K | -$1M | $400K |
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 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| 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 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 |
| Operating Activities | |||||||||||||||||||||||||||||
| Net Income | -$1.73M | -$2.13M | -$1.42M | $654K | -$4.87M | -$1.94M | -$3.67M | $21K | -$7.65M | -$3.26M | -$3.55M | -$456K | -$112K | -$25K | $172K | -$1.71M | -$4.64M | -$775K | $3.02M | -$1.22M | -$6M | -$2M | -$3.1M | -$1.5M | -$9.1M | -$3.1M | $500K | $2.9M | $2.7M |
| Depreciation & Amortization | $0 | $17K | $9K | $8K | $5K | $56K | $13K | $13K | $304 | $725 | $724 | $423 | $0 | $23K | $562K | $1.13M | $1.82M | $1.66M | $1.48M | $1.74M | $1.62M | $1.7M | $1.7M | $1.6M | $3.4M | $3M | $1.6M | $1.2M | $800K |
| Deferred Income Tax | $0 | $0 | $0 | -$211K | $1.95M | -$56K | $0 | $0 | $815K | $1.69M | -$2.48M | $0 | $0 | $0 | $27K | -$30K | -$44K | -$44K | $0 | $71K | $2.82M | $0 | $0 | -$100K | -$1.1M | -$1.8M | -$500K | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $211K | $400K | $343K | $2.65M | $0 | $6.12M | $479K | $2.75M | $120K | $0 | $0 | $30K | $30K | $44K | $44K | $0 | -$71K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||
| Accounts Receivable | -$475K | -$6K | $30K | -$150K | -$145K | -$55K | -$38K | -$12K | $908 | -$695 | $1K | -$154 | -$4K | $8K | $193K | $193K | $658K | $1.89M | -$34K | $305K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $160K | $85K | -$246K | $55K | $38K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $600K | $0 | $0 | $0 |
| Accounts Payable | $562K | $751K | $456K | $112K | $8K | -$452K | -$137K | $161K | $302K | $47K | -$69K | $106K | $49K | $0 | -$277K | -$277K | $13K | -$695K | $0 | -$104K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$1 | $0 | $0 | $131K | $5K | $242K | -$38K | $0 | $0 | $0 | $0 | $0 | $294 | $0 | $63K | -$783K | -$106K | -$1.06M | -$147K | -$220K | $0 | $0 | $0 | $0 | $0 | -$1.4M | $0 | $0 | $0 |
| Total Working Capital Change | $88K | $745K | $646K | $178K | -$379K | -$210K | -$175K | $149K | $303K | $46K | -$68K | $106K | $46K | $8K | -$21K | -$867K | $565K | $136K | -$181K | -$19K | -$307K | -$100K | -$700K | $100K | $2M | -$800K | -$3.3M | -$1.3M | -$600K |
| Other Non-Cash Items | $126K | $342K | $772K | -$2.27M | $104K | $427K | $372K | -$285K | $270K | $611K | $2.98M | $201K | $12K | -$17K | -$55K | $519K | $1.48M | $26K | $137K | $142K | -$70K | $200K | $100K | -$200K | $200K | -$100K | $100K | -$100K | $0 |
| Net Cash from Operating | -$1.52M | -$1.03M | $11K | -$1.43M | -$2.79M | -$1.38M | -$809K | -$102K | -$146K | -$433K | -$381K | -$149K | -$55K | -$11K | $715K | -$926K | -$781K | $1.05M | $4.46M | $643K | -$1.93M | -$200K | -$2M | $700K | $200K | -$1.3M | $200K | $2.7M | $2.9M |
| Investing Activities | |||||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | -$36K | $0 | $0 | $0 | -$45K | $0 | $0 | -$2K | $0 | $0 | -$18K | -$20K | -$108K | -$93K | -$735K | -$70K | -$383K | -$300K | -$700K | -$1M | -$900K | -$1.3M | -$2.3M | -$1.7M | -$700K |
| Acquisitions | $0 | -$358K | $0 | $0 | $0 | $0 | -$25K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$130K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | -$25K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$711K | -$493K | -$1.6M | -$9.4M | -$18.5M | -$15.7M | -$1.7M | -$1M | -$12.2M | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $691K | $2.15M | $0 | $9.4M | $19.8M | $18.1M | $5.3M | $2.3M | $0 | $0 |
| Other Investing Activities | $0 | $0 | -$805K | $0 | $0 | $0 | $25K | $0 | -$45K | $24K | $0 | -$2K | $0 | $0 | $256K | $256K | -$94K | -$2.04M | -$1.45M | -$406K | -$1.56M | -$1.9M | -$200K | $0 | -$2.2M | -$2.6M | -$1.7M | -$1.2M | -$900K |
| Net Cash from Investing | $0 | -$358K | -$805K | $0 | -$36K | $0 | -$25K | $0 | -$45K | $24K | $0 | -$2K | $0 | $0 | -$18K | $236K | -$202K | -$2.26M | -$2.19M | -$496K | -$293K | -$3.8M | -$900K | $300K | -$700K | -$300K | -$2.7M | -$15.1M | -$1.6M |
| Financing Activities | |||||||||||||||||||||||||||||
| Debt Repaid | - | - | -$791K | -$1.39M | -$1.35M | -$481K | -$268K | $38K | -$12K | -$31K | -$144K | -$55K | -$65K | $700 | - | - | $500K | - | - | $2.84M | -$636K | - | - | $2.2M | -$1.3M | -$1M | - | $1.5M | -$200K |
| Common Stock Issuance | $0 | $0 | $10K | $91K | $1.37M | $0 | $200K | $0 | $0 | $35K | $0 | $45K | $0 | $0 | $223K | $38K | $683K | $234K | $197K | $1.14M | $952K | $3.8M | $100K | $300K | $200K | $200K | $2.2M | $16.3M | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | -$260K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$95K | $0 | $0 | -$123K | $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 | -$123K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | -$65K | $1.39M | $2.72M | $1.01M | $551K | $150K | $201K | $348K | $438K | $45K | $5K | $5K | $0 | $0 | $0 | $0 | $0 | $2.2M | $123K | $0 | $0 | $0 | -$100K | $0 | $0 | -$2.6M | -$1M |
| Net Cash from Financing | $1.55M | $1.39M | $736K | $1.48M | $2.73M | $1.49M | $819K | $150K | $201K | $348K | $438K | $155K | $56K | $6K | -$60K | -$246K | -$67K | $417K | -$237K | $421K | $1.47M | $3.8M | $100K | -$1.9M | $1.4M | $1.2M | $2.2M | $12.2M | -$800K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $191K | $409K | $0 | $0 | $0 | $0 | $10K | $10K | -$368K | -$281K | -$121K | $11K | $12K | $0 | $2.9M | -$1M | $500K | $0 | $2.5M | $12.4M | -$1.3M |
| Net Change in Cash | $33K | $1K | -$57K | $52K | -$101K | $111K | -$15K | $48K | $201K | $348K | $56K | $3K | $1K | -$5K | $637K | -$926K | -$1.42M | -$1.07M | $1.92M | $579K | -$748K | -$200K | $100K | -$1.9M | $1.4M | -$400K | $2.2M | $12.2M | -$800K |
| Supplementary Data | |||||||||||||||||||||||||||||
| Operating Cash Flow | -$1.52M | -$1.03M | $11K | -$1.43M | -$2.79M | -$1.38M | -$809K | -$102K | -$146K | -$433K | -$381K | -$149K | -$55K | -$11K | $715K | -$926K | -$781K | $1.05M | $4.46M | $643K | -$1.93M | -$200K | -$2M | $700K | $200K | -$1.3M | $200K | $2.7M | $2.9M |
| Capital Expenditure | $0 | $0 | $0 | $0 | -$36K | $0 | $0 | $0 | -$45K | $0 | $0 | -$2K | $0 | $0 | -$18K | -$20K | -$108K | -$93K | -$735K | -$70K | -$383K | -$300K | -$700K | -$1M | -$900K | -$1.3M | -$2.3M | -$1.7M | -$700K |
| Free Cash Flow | -$1.52M | -$1.03M | $11K | -$1.43M | -$2.83M | -$1.38M | -$809K | -$102K | -$191K | -$433K | -$381K | -$151K | -$55K | -$11K | $697K | -$946K | -$889K | $954K | $3.73M | $573K | -$2.31M | -$500K | -$2.7M | -$300K | -$700K | -$2.6M | -$2.1M | $1M | $2.2M |
| Cash at Beginning | $8K | $7K | $64K | $13K | $114K | $3K | $69K | $10K | -$191K | $61K | $5K | $1K | $0 | $0 | $360K | $1.29M | $2.7M | $3.78M | $1.86M | $1.28M | $2.03M | $2.2M | $5M | $1.1M | $300K | $700K | $1M | $1.1M | $700K |
| Cash at End | $41K | $8K | $7K | $64K | $13K | $114K | $53K | $58K | $10K | $409K | $61K | $5K | $1K | -$5K | $997K | $360K | $1.29M | $2.7M | $3.78M | $1.86M | $1.28M | $2M | $5.1M | -$800K | $1.7M | $300K | $3.2M | $13.3M | -$100K |