MICROMEM TECHNOLOGIES INC (MMTIF)
Micromem Technologies Inc., headquartered in Toronto, Canada, creates and markets custom sensor solutions for clients in Canada and worldwide. This is achieved through its subsidiary, Micromem Applied Sensor Technology, Inc., which leverages the company's distinct proprietary technology. Their extensive client base spans various sectors, such as defense, life sciences, automotive, consumer products, and mining. The firm, established in 1985, was previously known as Avanti Corp International Inc. before officially changing its name to Micromem Technologies Inc. in January 1999.
Sector: Services-Computer Programming Services
Industry: Semiconductors
Micromem Technologies Inc.
OTC:MMTIFTechnology · Semiconductors
+10.08%$0.0142
Mkt Cap$8.75M
Float625.54M
O/S616.09M
Inst Own0.0%
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$668K
Total Assets$308K
Free Cash Flow-$1.32M
Debt & Equity
Total Debt$3.52M
Total Equity-$5.6M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in MMTIF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$308K
Liabilities$5.91M
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$35K
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 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 | 2011-10-31 | 2010-10-31 | 2009-10-31 | 2008-10-31 | 2007-10-31 | 2006-10-31 | 2005-10-31 | 2004-10-31 | 2003-10-31 | 2002-10-31 | 2001-10-31 | 2000-10-31 | 1999-10-31 | 1998-10-31 |
| Revenue | $0 | $0 | $0 | $648K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12K | $3K | $10K | $9K | $5K | $20K | $166K | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 354.8% | -74.0% | 14.1% | 83.4% | -76.4% | -87.9% | - | - | - | - | - |
| Cost of Revenue | $17K | $16K | $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 |
| Gross Profit | -$17K | -$16K | $0 | $648K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12K | $3K | $10K | $9K | $5K | $20K | $166K | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | 100.0% | - | - | - | - | - | - | - | - | - | - | - | - | - | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | -$42K | $130K | $149K | $3.64M | $2.65M | $704K | $157K | $230K | -$76K | $8K | $14K | $899K | $682K | $369K | $378K | $378K | $491K | $1.6M | $2.21M | $1.21M | $455K | $50K |
| Selling, General, and Administrative | $981K | $582K | $1.04M | $867K | $1.1M | $704K | $639K | $1.19M | $2.18M | $2.32M | $3.51M | $3.37M | $2.43M | $2.52M | $2.54M | $1.84M | $4.4M | $4.31M | $2M | $2.74M | $3.63M | $548K | $668K | $1.25M | $2.46M | $610K | $0 | $0 |
| Other | $126K | $0 | $0 | $89K | -$362K | $60K | $209K | -$64K | -$1.01M | $37K | $7K | $31K | $44K | $53K | -$60K | $242K | -$17K | $58K | $0 | $0 | $3K | $5K | $73K | $72K | $65K | $5.49M | $0 | $0 |
| Total Operating Expenses | $1.11M | $582K | $1.04M | $934K | $578K | $660K | $806K | $1.33M | $2.45M | $5.99M | $3.76M | $4.11M | $2.56M | $2.35M | $2.4M | $1.98M | $4.4M | $5.43M | $2.68M | $4.08M | $4.03M | $932K | $1.23M | $2.92M | $4.73M | $7.3M | $455K | $50K |
| Operating Income (EBIT) | -$1.12M | -$582K | -$1.04M | -$859K | -$1.1M | -$704K | -$815K | -$1.33M | -$2.93M | -$5.95M | -$6.52M | -$4.16M | -$2.73M | -$2.97M | -$2.57M | -$4.69M | -$4.4M | -$5.42M | -$2.67M | -$4.07M | -$4.03M | -$2.3M | -$1.47M | -$2.75M | -$4.73M | -$7.3M | -$455K | -$50K |
| Operating Margin | - | - | - | -132.6% | - | - | - | - | - | - | - | - | - | - | - | - | - | -46055.1% | -103441.6% | -40997.0% | -46248.4% | -48407.7% | -7310.8% | -1660.1% | - | - | - | - |
| Interest Expense | $979K | $880K | $882K | $1.65M | $1.67M | $1.54M | $2.01M | $2.54M | $2.02M | $1.08M | $37K | $29K | $79K | $294K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $821 | $2K | $2K | $2K | $2K | $0 | $0 | $0 | $0 | $30K | $20K | $20K | $963 | $23K | $88K | $12K | $0 | $0 | $0 | $5K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $456K | -$2.48M | -$1.64M | -$1.35M | $122K | -$506K | -$2.03M | -$1.04M | -$1.76M | -$852K | -$164K | -$81K | -$3.21M | $1.2M | $963 | $23K | $88K | -$34K | -$136K | $13K | -$11K | -$17K | -$296K | -$10.02M | $204K | $14.54M | $5.66M | $0 |
| Income Before Tax (EBT) | -$668K | -$3.06M | -$2.69M | -$2.29M | -$1.01M | -$1.25M | -$2.86M | -$2.32M | -$4.41M | -$6.81M | -$6.2M | -$4.03M | -$5.8M | -$1.78M | -$3.16M | -$4.76M | -$4.31M | -$5.42M | -$2.81M | -$4.06M | -$4.17M | -$2.31M | -$1.45M | -$12.77M | -$4.53M | $7.23M | $5.21M | $0 |
| Income Tax Expense | $0 | $0 | $0 | -$385K | $1.68M | $1.45M | $1.91M | $1.51M | $1.01M | $0 | $37K | $29K | $79K | $0 | $1K | $10K | $0 | $0 | $0 | $0 | $11K | $17K | $238K | -$36K | $30K | $25K | $5.21M | $0 |
| Net Income | -$668K | -$3.06M | -$2.69M | -$1.9M | -$2.69M | -$2.69M | -$4.75M | -$2.36M | -$4.35M | -$6.81M | -$6.52M | -$4.16M | -$5.93M | -$1.77M | -$2.57M | -$4.67M | -$4.31M | -$5.42M | -$2.81M | -$4.06M | -$4.17M | -$2.31M | -$1.77M | -$12.73M | -$4.56M | -$7.26M | $0 | $0 |
| Net Income Margin | - | - | - | -293.6% | - | - | - | - | - | - | - | - | - | - | - | - | - | -46055.1% | -108700.7% | -40866.1% | -47868.6% | -48763.1% | -8786.8% | -7675.5% | - | - | - | - |
| Supplementary Data | ||||||||||||||||||||||||||||
| EPS | -0.00 | -0.01 | -0.01 | -0.00 | -0.00 | -0.00 | -0.02 | -0.01 | -0.02 | -0.03 | -0.03 | -0.02 | -0.04 | -0.01 | -0.03 | -0.05 | -0.05 | -0.07 | -0.04 | -0.06 | -0.07 | -0.04 | -0.04 | -0.31 | -0.10 | -0.19 | 0.00 | 0.00 |
| Diluted EPS | -0.00 | -0.01 | -0.01 | -0.00 | -0.00 | -0.00 | -0.02 | -0.01 | -0.02 | -0.03 | -0.03 | -0.02 | -0.04 | -0.01 | -0.03 | -0.05 | -0.05 | -0.07 | -0.04 | -0.06 | -0.07 | -0.04 | -0.04 | -0.31 | -0.10 | -0.19 | 0.00 | 0.00 |
| Weighted Average OS | 594.56M | 529.47M | 490.31M | 451.18M | 422.61M | 377.38M | 288.40M | 237.24M | 207.13M | 199.57M | 192.63M | 171.53M | 146.81M | 123.38M | 102.30M | 92.23M | 86.40M | 78.01M | 70.69M | 66.71M | 62.16M | 52.96M | 47.06M | 46.40M | 44.16M | 38.76M | 36.21M | 36.21M |
| EBITDA | $327K | -$583K | -$1.04M | -$859K | -$617K | -$756K | -$825K | -$1.17M | -$2.45M | -$5.99M | -$6.35M | -$4.08M | -$2.63M | -$2.7M | -$2.18M | $743K | -$4.39M | -$4.57M | -$2.67M | -$4.07M | -$4.02M | -$2.29M | -$1.4M | -$2.55M | -$4.55M | -$7.07M | -$455K | -$50K |
| EBITDA Margin | - | - | - | -132.6% | - | - | - | - | - | - | - | - | - | - | - | - | - | -38877.7% | -103441.6% | -40997.0% | -46214.8% | -48293.7% | -6948.0% | -1538.4% | - | - | - | - |
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 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 | 2011-10-31 | 2010-10-31 | 2009-10-31 | 2008-10-31 | 2007-10-31 | 2006-10-31 | 2005-10-31 | 2004-10-31 | 2003-10-31 | 2002-10-31 | 2001-10-31 | 2000-10-31 | 1999-10-31 | 1998-10-31 |
| Assets | ||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $250K | $126K | $32K | $33K | $171K | $191K | $46K | $207K | $9K | $288K | $159K | $936K | $821K | $245K | $44K | $26K | $106K | $475K | $245K | $407K | $643K | $351K | $79K | $984K | $3.56M | $1.24M | $0 | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $87K | $220K | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $250K | $126K | $32K | $33K | $171K | $191K | $46K | $207K | $9K | $288K | $159K | $936K | $821K | $245K | $44K | $26K | $106K | $475K | $245K | $407K | $643K | $438K | $299K | $984K | $3.56M | $1.24M | $0 | $0 |
| Accounts Receivable | $0 | $142K | $104K | $18K | $0 | $0 | $0 | $99K | $882K | $0 | $0 | $836K | $187K | $46K | $32K | $102K | $283K | $129K | $83K | $57K | $86K | $34K | $47K | $193K | $0 | $292K | $0 | $0 |
| Inventory | $0 | $0 | -$104K | $0 | -$24 | -$25 | -$15 | -$17K | $0 | $0 | $0 | $0 | -$235 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $23K | $0 | $75K | $0 | $24 | $25 | $15 | $17K | $466K | $0 | $30K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $228K | $76K | $0 | $0 |
| Total Current Assets | $273K | $267K | $136K | $51K | $195K | $217K | $61K | $305K | $475K | $321K | $215K | $1.81M | $1.06M | $291K | $76K | $128K | $390K | $604K | $329K | $465K | $728K | $471K | $346K | $1.18M | $3.78M | $1.61M | $0 | $0 |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $35K | $15K | $33K | $48K | $26K | $49K | $3K | $9K | $10K | $11K | $16K | $21K | $14K | $6K | $10K | $17K | $24K | $26K | $0 | $0 | $0 | $3K | $4K | $99K | $337K | $381K | $55K | $15K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $4K | $12K | $20K | $396K | $431K | $404K | $367K | $281K | $168K | $165K | $173K | $202K | $148K | $0 | $0 | $0 | $0 | $0 | $0 | $308K | $10.33M | $292K | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $22K | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | -$0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.07M | $3.53M | $928K | $718K | $647K | $222K | $2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$55K | -$15K |
| Total Long-Term Assets | $35K | $15K | $33K | $48K | $30K | $61K | $23K | $405K | $441K | $415K | $3.45M | $3.83M | $1.11M | $889K | $830K | $440K | $2.17M | $26K | $0 | $0 | $0 | $3K | $4K | $406K | $10.67M | $609K | $55K | $15K |
| 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 |
| Total Assets | $308K | $283K | $168K | $100K | $225K | $278K | $83K | $711K | $917K | $736K | $3.67M | $5.64M | $2.17M | $1.18M | $906K | $568K | $2.56M | $630K | $329K | $465K | $728K | $474K | $350K | $1.58M | $14.45M | $2.22M | $585K | $164K |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $0 | $337K | $207K | $288K | $344K | $768K | $998K | $1.01M | $1.36M | $917K | $1.3M | $774K | $340K | $580K | $0 | $0 | $0 | $0 | $945K | $227K | $803K | $437K | $246K | $192K | $330K | $0 | $0 | $0 |
| Short-Term Debt | $3.45M | $3.89M | $3.59M | $3.83M | $2.49M | $3.08M | $2.6M | $2.48M | $2.49M | $3.64M | $967K | $0 | $290K | $443K | $107K | $513K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.3M | $0 | -$340K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $2.4M | $2.72M | $1.14M | $641K | $787K | $534K | $765K | $650K | $490K | $84K | $0 | $0 | $0 | $1.06M | $1.02M | $1.08M | $1.04M | $942K | $626K | $397K | $0 | $0 | $0 | $0 | $0 | $535K | $0 | $0 |
| Total Current Liabilities | $5.85M | $6.96M | $4.95M | $4.77M | $3.65M | $4.42M | $4.36M | $4.13M | $4.34M | $4.64M | $2.26M | $774K | $630K | $2.08M | $1.12M | $1.59M | $1.04M | $942K | $1.86M | $914K | $803K | $437K | $246K | $192K | $330K | $535K | $0 | $0 |
| Long-Term Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | $60K | $45K | $43K | $73K | $48K | $30K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 |
| 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 | $0 | $0 |
| Other Long-Term Liabilities | -$14K | $0 | $0 | -$29K | $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 Long-Term Liabilities | $60K | $45K | $55K | $73K | $48K | $46K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $5.91M | $7.01M | $5.01M | $4.85M | $3.7M | $4.47M | $4.36M | $4.13M | $4.34M | $4.64M | $2.26M | $774K | $630K | $2.08M | $1.12M | $1.59M | $1.04M | $942K | $1.86M | $914K | $803K | $437K | $246K | $192K | $330K | $535K | $0 | $0 |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $1 | $1 | $0 | $1 | $1 | $1 | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $93.43M | $91.68M | $90.47M | $87.78M | $86.82M | $85.46M | $84.15M | $82.28M | $80.2M | $75.86M | $74.08M | $71K | $58K | $54.73M | $0 | $50.1M | $48.49M | $44.38M | $37.17M | $35.93M | $34.31M | $32.1M | $31.24M | $31.07M | $29.64M | $11.85M | $0 | $0 |
| Retained Earnings | -$127M | -$126.39M | -$123.4M | -$120.79M | -$118.5M | -$117.49M | -$116.24M | -$113.41M | -$111.05M | -$106.7M | -$99.89M | -$93.38M | -$89.04M | -$82.27M | -$78.84M | -$75.79M | -$71.12M | -$66.81M | -$61.39M | -$58.58M | -$54.52M | -$32.66M | -$31.71M | -$30.26M | -$17.53M | -$12.97M | $0 | $0 |
| Comprehensive Income & Other | $1.9M | $697K | $3.22M | $793 | $14 | $24 | $50 | $70 | $62 | $23 | $0 | $0 | $2 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $27.97M | $27.99M | $28.09M | $28.25M | $28.21M | $27.83M | $27.81M | $27.7M | $27.42M | $26.94M | $27.21M | $98.17M | $90.52M | $26.64M | $78.63M | $24.67M | $24.15M | $22.11M | $22.69M | $22.2M | $20.14M | $589K | $579K | $579K | $2.01M | $2.8M | -$3.1M | -$501K |
| Total Equity | -$5.6M | -$6.72M | -$4.84M | -$4.75M | -$3.47M | -$4.19M | -$4.28M | -$3.42M | -$3.42M | -$3.9M | $1.4M | $4.86M | $1.54M | -$904K | -$217K | -$1.02M | $1.52M | -$312K | -$1.53M | -$449K | -$75K | $38K | $104K | $1.39M | $14.12M | $1.68M | -$3.1M | -$501K |
| 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 |
| Total Liabilities and Equity | $308K | $283K | $168K | $100K | $225K | $278K | $83K | $711K | $917K | $736K | $3.67M | $5.64M | $2.17M | $1.18M | $906K | $568K | $2.56M | $630K | $329K | $465K | $728K | $474K | $350K | $1.58M | $14.45M | $2.22M | -$3.1M | -$501K |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $3.52M | $3.95M | $3.66M | $3.95M | $2.53M | $3.16M | $2.6M | $2.48M | $2.49M | $3.64M | $967K | $0 | $290K | $443K | $107K | $513K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $3.27M | $3.82M | $3.63M | $3.91M | $2.35M | $2.97M | $2.55M | $2.27M | $2.48M | $3.35M | $808K | -$936K | -$531K | $198K | $63K | $487K | -$106K | -$475K | -$245K | -$407K | -$643K | -$351K | -$79K | -$984K | -$3.56M | -$1.24M | $0 | $0 |
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 | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 | 2011-10-31 | 2010-10-31 | 2009-10-31 | 2008-10-31 | 2007-10-31 | 2006-10-31 | 2005-10-31 | 2004-10-31 | 2003-10-31 | 2002-10-31 | 2001-10-31 | 2000-10-31 |
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | -$668K | -$3.06M | -$2.69M | -$2.29M | -$1.01M | -$1.25M | -$2.83M | -$2.36M | -$4.35M | -$6.81M | -$6.52M | -$4.16M | -$5.93M | -$1.78M | -$2.57M | -$4.67M | -$4.31M | -$5.42M | -$2.81M | -$4.06M | -$4.04M | -$944K | -$1.45M | -$12.73M | -$4.56M | -$7.26M |
| Depreciation & Amortization | $17K | $16K | $16K | $30K | $36K | $36K | $156K | $161K | $138K | $36K | $7K | $7K | $24K | $24K | $51K | $9K | $12K | $5K | $0 | $0 | $3K | $5K | $73K | $202K | $201K | $231K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$1.11M | $0 | $0 | -$1.57M | -$1.61M | $0 | $48K | $0 | $3.23M | -$1.24M | -$799K | -$114K | $0 | -$1.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $7K | $218K | $41K | $360K | $0 | $0 | $141K | $442K | $63 | $1.16M | $379K | $369K | $431K | $928K | $95K | $1.95M | $1.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||
| Accounts Receivable | $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 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $157K | -$78K | -$36K | -$384K | -$230K | -$5K | -$341K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$79K | -$38K | -$23K | $6K | -$422K | -$11K | $84K | $358K | -$433 | $6 | $455 | -$236 | -$189 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$205K |
| Total Working Capital Change | -$79K | $119K | -$101K | -$30K | -$805K | -$240K | $79K | $16K | $291K | $356K | $979K | $218K | -$252K | -$408K | $12K | $151K | -$57K | -$718K | $921K | $138K | $315K | $205K | $200K | -$103K | -$75K | -$205K |
| Other Non-Cash Items | -$591K | $2.29M | $1.48M | $1.25M | $1.77M | $689K | $1.62M | $2.15M | $2.37M | $4.11M | $2.68M | $677K | $52K | $394K | $928K | $2.92M | $173K | $1.04M | $269K | $2.06M | $1.72M | $10K | $358K | $10.01M | $777K | $3.25M |
| Net Cash from Operating | -$1.32M | -$626K | -$1.08M | -$997K | -$763K | -$761K | -$982K | -$1.46M | -$2.72M | -$2.3M | -$1.64M | -$2.88M | -$2.52M | -$2.57M | -$1.45M | -$1.62M | -$2.23M | -$5.09M | -$1.62M | -$1.86M | -$2M | -$724K | -$819K | -$2.62M | -$3.66M | -$3.99M |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | -$3K | $0 | -$2K | $0 | -$5K | $0 | $0 | -$125K | -$165K | -$194K | -$215K | -$191K | -$58K | -$27K | -$143K | -$80K | -$158K | -$32K | $0 | $0 | $0 | -$5K | -$2K | $0 | -$150K | -$762K |
| Acquisitions | $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 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$220K | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27K | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$122 | -$162 | -$481K | -$1.86M | -$3.21M | -$422K | -$263K | -$425K | -$879K | -$2M | $0 | $0 | $0 | $87K | $133K | -$27K | $48K | -$2.13M | $362K |
| Net Cash from Investing | -$3K | $0 | -$2K | $0 | -$5K | $0 | $0 | -$125K | -$165K | -$675K | -$2.08M | -$3.4M | -$480K | -$290K | -$569K | -$959K | -$2.16M | -$32K | $0 | $0 | $87K | $128K | -$249K | $48K | -$2.25M | -$400K |
| Financing Activities | ||||||||||||||||||||||||||
| Debt Repaid | - | $17K | $16K | $25K | $9K | -$19K | -$609K | -$796K | -$1.21M | -$2.23M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $1.32M | $631K | $536K | $208K | $841K | $426K | $213K | $866K | $719K | $861K | $1.89M | $6.8M | $3.7M | $2.52M | $2.45M | $1.98M | $4.02M | $5.35M | $1.46M | $1.63M | $2.2M | $868K | $163K | $0 | $8.22M | $5.57M |
| Common Stock Repurchases | $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 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$16K | -$25K | $189K | -$26K | $841K | $480K | $609K | $796K | $15K | $17K | $98K | -$402K | -$126K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$76K |
| Net Cash from Financing | $1.45M | $720K | $1.08M | $859K | $748K | $906K | $822K | $1.79M | $2.61M | $3.11M | $2.94M | $6.4M | $3.57M | $3.06M | $2.04M | $2.49M | $4.02M | $5.35M | $1.46M | $1.63M | $2.2M | $868K | $163K | $0 | $8.22M | $5.5M |
| Forex Effect | $14 | $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 | $124K | $94K | -$2K | -$138K | -$20K | $145K | -$161K | $198K | -$279K | $130K | -$777K | $115K | $576K | $201K | $18K | -$80K | -$369K | $231K | -$162K | -$236K | $292K | $271K | -$905K | -$2.57M | $2.31M | $1.11M |
| Supplementary Data | ||||||||||||||||||||||||||
| Operating Cash Flow | -$1.32M | -$626K | -$1.08M | -$997K | -$763K | -$761K | -$982K | -$1.46M | -$2.72M | -$2.3M | -$1.64M | -$2.88M | -$2.52M | -$2.57M | -$1.45M | -$1.62M | -$2.23M | -$5.09M | -$1.62M | -$1.86M | -$2M | -$724K | -$819K | -$2.62M | -$3.66M | -$3.99M |
| Capital Expenditure | -$3K | $0 | -$2K | $0 | -$5K | $0 | $0 | -$125K | -$165K | -$194K | -$215K | -$191K | -$58K | -$27K | -$143K | -$80K | -$158K | -$32K | $0 | $0 | $0 | -$5K | -$2K | $0 | -$150K | -$762K |
| Free Cash Flow | -$1.32M | -$626K | -$1.09M | -$997K | -$768K | -$761K | -$982K | -$1.59M | -$2.89M | -$2.5M | -$1.86M | -$3.07M | -$2.57M | -$2.6M | -$1.6M | -$1.7M | -$2.39M | -$5.12M | -$1.62M | -$1.86M | -$2M | -$729K | -$821K | -$2.62M | -$3.81M | -$4.75M |
| Cash at Beginning | $126K | $32K | $33K | $171K | $191K | $46K | $207K | $9K | $288K | $159K | $936K | $821K | $245K | $44K | $26K | $106K | $475K | $245K | $407K | $643K | $351K | $79K | $984K | $3.56M | $1.24M | $130K |
| Cash at End | $250K | $126K | $32K | $33K | $171K | $191K | $46K | $207K | $9K | $288K | $159K | $936K | $821K | $245K | $44K | $26K | $106K | $475K | $245K | $407K | $643K | $351K | $79K | $984K | $3.56M | $1.24M |