Mirasol Resources Ltd (MRZLF)
Established in 2003 and based in Vancouver, Canada, Mirasol Resources Ltd. focuses on securing and investigating mineral properties, principally in Chile and Argentina. The company's efforts are directed towards uncovering significant gold, silver, and copper deposits. Key among its holdings are the Sobek Cu project, spanning 11,120 hectares in northern Chile, and the Inca Gold project, an expansive 16,300-hectare site located within Chile's Paleocene belt.
Industry: Other Precious Metals
Mirasol Resources Ltd.
OTC:MRZLFBasic Materials · Other Precious Metals
+10.48%$0.2320
Mkt Cap$19.17M
Float47.27M
O/S82.62M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$7.13M
Total Assets$2.4M
Free Cash Flow-$6.14M
Debt & Equity
Debt 109%
Total Debt$2.01M
Total Equity-$158K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in MRZLF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.4M
Liabilities$2.56M
Accounts Receivable$55K
Accounts Payable$521K
Inventory$0
PP&E (Net)$72K
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 | 2007-06-30 | 2006-06-30 | 2005-06-30 | 2004-06-30 |
| Revenue | $0 | $0 | $11K | $354K | $651K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | -96.8% | -45.6% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $39K | $46K | $49K | $69K | $76K | $53K | $6K | $4K | $10K | $13K | $13K | $8K | $7K | $2K | $4.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | -$39K | -$46K | $11K | $285K | $575K | -$53K | -$6K | -$4K | -$10K | -$13K | -$13K | -$8K | -$7K | -$2K | -$4.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | 100.0% | 80.5% | 88.4% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $179K | $179K | $101K | $129K | $253K | $448K | $476K | $212K | $75K | $276K | $107K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $7.1M | $6.61M | $978K | $652K | $4.33M | $675K | $1.09M | $783K | $1.09M | $831K | $782K | $493K | $7.99M | $2.67M | $4.82M | $497K | $549K | $579K | $741K | $497K | $463K | $22K |
| Other | $0 | $5.28M | $5.69M | $3.05M | -$176K | $3.63M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$48K | -$129K | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $7.1M | $6.61M | $6.84M | $3.8M | $4.28M | $4.55M | $4.21M | $3.89M | $4.91M | $5.11M | $5.91M | $6.01M | $8.57M | $11.39M | $4.82M | $1.54M | $1.63M | $1.69M | $1.49M | $1.02M | $463K | $55K |
| Operating Income (EBIT) | -$7.14M | -$6.61M | -$7.18M | -$3.54M | -$3.68M | -$4.4M | -$3.9M | -$3.86M | -$4.87M | -$5.06M | -$5.77M | -$5.83M | -$7.99M | -$11.51M | -$9.08M | -$1.54M | -$1.63M | -$1.69M | -$1.49M | -$1.02M | -$463K | -$55K |
| Operating Margin | - | - | -63014.6% | -1000.0% | -565.0% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $38K | $12K | $18K | $24K | $28K | $32K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $44K | $0 | $0 | $0 | $715 | $0 |
| Interest Income | $72K | $285K | $448K | $373K | $438K | $204K | $314K | $257K | $112K | $49K | $45K | $61K | $26K | $21K | $0 | $0 | $0 | $0 | $128K | $0 | $0 | $0 |
| Other Income (Expense) | $6K | $251K | $195K | -$81K | -$573K | $314K | -$555K | $763K | -$143K | $725K | -$2.16M | -$3.48M | $34.56M | $0 | $0 | -$48K | -$129K | -$110K | -$70K | $36K | -$18K | $142K |
| Income Before Tax (EBT) | -$7.13M | -$6.36M | -$6.98M | -$3.62M | -$4.25M | -$4.21M | -$4.74M | -$3.09M | -$4.95M | -$4.35M | -$7.93M | -$9.31M | $26.58M | -$11.51M | -$9.08M | -$1.59M | -$1.76M | -$1.8M | -$1.56M | -$988K | -$480K | $87K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $32K | -$85K | $0 | $31K | -$63K | -$2.29M | -$590K | $2.94M | $0 | $90K | $1K | -$302K | -$144K | -$128K | -$23K | $715 | $284K |
| Net Income | -$7.13M | -$6.36M | -$6.98M | -$3.62M | -$4.25M | -$4.21M | -$4.74M | -$3.09M | -$4.95M | -$4.29M | -$5.64M | -$8.72M | $23.64M | -$11.51M | -$9.08M | -$1.59M | -$1.46M | -$1.65M | -$1.43M | -$965K | -$481K | -$197K |
| Net Income Margin | - | - | -61300.2% | -1023.0% | -653.2% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||||||||||||||
| EPS | -0.13 | -0.13 | -0.17 | -0.09 | -0.11 | -0.11 | -0.12 | -0.09 | -0.15 | -0.14 | -0.18 | -0.27 | 0.74 | -0.39 | -0.34 | -0.07 | -0.07 | -0.08 | -0.08 | -0.09 | -0.08 | -0.04 |
| Diluted EPS | -0.13 | -0.13 | -0.17 | -0.09 | -0.11 | -0.11 | -0.12 | -0.09 | -0.15 | -0.14 | -0.18 | -0.27 | 0.74 | -0.39 | -0.34 | -0.07 | -0.07 | -0.08 | -0.08 | -0.09 | -0.08 | -0.04 |
| Weighted Average OS | 76.92M | 66.45M | 57.27M | 53.96M | 54.11M | 54.11M | 53.93M | 49.45M | 46.30M | 42.98M | 43.99M | 45.40M | 44.67M | 41.10M | 37.08M | 31.93M | 30.07M | 29.72M | 25.35M | 15.35M | 8.01M | 6.76M |
| EBITDA | -$7.1M | -$6.61M | -$7.2M | -$3.54M | -$3.72M | -$4.49M | -$3.87M | -$4.4M | -$4.86M | -$5.81M | -$5.87M | -$2.62M | -$8.4M | -$11.21M | -$8.89M | -$1.53M | -$1.61M | -$1.67M | -$1.48M | -$1.02M | -$462K | -$55K |
| EBITDA Margin | - | - | -63158.6% | -1000.1% | -572.1% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 | 2007-06-30 | 2006-06-30 | 2005-06-30 | 2004-06-30 |
| Assets | ||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||
| Cash and Cash Equivalents | $1.17M | $1.68M | $5.79M | $4.06M | $7.15M | $6.33M | $3.31M | $2.06M | $3.3M | $12.55M | $13.63M | $12.92M | $19.81M | $4.87M | $7.21M | $3.67M | $2.6M | $3.92M | $4.88M | $4M | $884K | $162K |
| Short-Term Investments | $33K | $59K | $111K | $518K | $840K | $5.25M | $12M | $16.86M | $11.97M | $327K | $855K | $8.52M | $14.07M | $711K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.2M | $1.74M | $5.9M | $4.58M | $7.99M | $11.58M | $15.31M | $18.92M | $15.27M | $12.88M | $14.49M | $21.44M | $33.87M | $5.58M | $7.21M | $3.67M | $2.6M | $3.92M | $4.88M | $4M | $884K | $162K |
| Accounts Receivable | $55K | $104K | $145K | $25K | $41K | $0 | $0 | $0 | $0 | $0 | $0 | $5K | $836K | $17K | $121K | $41K | $35K | $41K | $103K | $78K | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$280K | -$5K | -$853K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $222K | $0 | $74K | $0 | $0 | $0 | $0 | $2.44M | $577K | $16K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14K |
| Total Current Assets | $1.3M | $1.89M | $6.09M | $4.84M | $8.14M | $11.74M | $15.64M | $19.44M | $15.66M | $13.08M | $16.99M | $22.06M | $34.73M | $5.74M | $7.33M | $3.71M | $2.64M | $3.96M | $4.98M | $4.07M | $913K | $176K |
| Long-Term Assets | ||||||||||||||||||||||
| Property, Plant & Equipment Net | $72K | $1.18M | $1.16M | $1.16M | $1.47M | $1.97M | $2.32M | $2.21M | $2.21M | $2.19M | $2.1M | $2.12M | $2.14M | $2.02M | $161K | $29K | $39K | $112K | $79K | $6K | $257K | $147K |
| Goodwill | $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 | $0 | $0 | $0 | $0 | $0 | $8K | $17K | $21K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 |
| 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 |
| Other Long-Term Assets | $1.03M | $0 | $16K | $35K | $0 | $0 | $0 | $0 | $0 | -$8K | -$17K | -$21K | $0 | $0 | $0 | $56K | $56K | $0 | $0 | $35K | $0 | $0 |
| Total Long-Term Assets | $1.1M | $1.18M | $1.18M | $1.2M | $1.47M | $1.97M | $2.32M | $2.21M | $2.21M | $2.19M | $2.1M | $2.12M | $2.14M | $2.02M | $161K | $85K | $95K | $112K | $79K | $41K | $257K | $147K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $2.4M | $3.07M | $7.26M | $6.04M | $9.61M | $13.71M | $17.96M | $21.66M | $17.87M | $15.27M | $19.1M | $24.18M | $36.86M | $7.76M | $7.49M | $3.79M | $2.73M | $4.07M | $5.06M | $4.11M | $1.17M | $323K |
| Liabilities | ||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||
| Accounts Payable | $521K | $355K | $492K | $305K | $612K | $348K | $275K | $421K | $273K | $453K | $432K | $148K | $896K | $610K | $0 | $0 | $0 | $139K | $72K | $79K | $67K | $0 |
| Short-Term Debt | $2.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 |
| Current Unearned Revenue | $0 | $0 | -$492K | -$305K | $0 | -$79K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $27K | $36K | $492K | $305K | $0 | $79K | $636K | $158K | $0 | $0 | $0 | $0 | $2.94M | $0 | $556K | $115K | $0 | $6K | $8K | $7K | $25K | $22K |
| Total Current Liabilities | $2.56M | $444K | $593K | $397K | $699K | $427K | $910K | $579K | $380K | $559K | $658K | $332K | $4.32M | $702K | $556K | $115K | $115K | $145K | $80K | $86K | $92K | $85K |
| 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 |
| 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 |
| 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 |
| 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 |
| Total Long-Term Liabilities | $0 | $0 | $38K | $82K | $117K | $146K | $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 |
| Total Liabilities | $2.56M | $444K | $631K | $479K | $815K | $574K | $910K | $579K | $380K | $559K | $658K | $332K | $4.32M | $702K | $556K | $115K | $115K | $145K | $80K | $86K | $92K | $85K |
| 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 |
| Common Stock | $53.43M | $49.63M | $48.18M | $40.99M | $40.97M | $41.18M | $41.11M | $40.94M | $34.43M | $27.37M | $26.99M | $26.99M | $26.96M | $25.68M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $435K |
| Retained Earnings | -$69.28M | -$61.84M | -$55.48M | -$48.5M | -$44.88M | -$40.63M | -$36.42M | -$31.68M | -$28.59M | -$23.64M | -$19.35M | -$13.7M | -$4.98M | -$28.62M | -$17.11M | -$8.03M | -$6.44M | -$4.98M | -$3.33M | -$1.9M | -$678K | -$197K |
| Comprehensive Income & Other | $15.68M | $14.84M | $13.93M | $13.07M | $12.7M | $12.59M | $12.35M | $11.82M | $11.65M | $10.97M | $10.8M | $10.57M | $10.57M | $9.99M | $6.49M | $0 | $0 | $0 | $0 | $0 | $60K | $0 |
| Other Stockholders' Equity | $15.68M | $14.84M | $13.93M | $13.07M | $12.7M | $12.59M | $12.35M | $11.82M | $11.65M | $10.97M | $10.8M | $10.57M | $10.57M | $9.99M | $24.05M | $11.71M | $9.06M | $8.91M | $8.31M | $5.93M | $1.76M | $0 |
| Total Equity | -$158K | $2.63M | $6.63M | $5.56M | $8.79M | $13.14M | $17.05M | $21.08M | $17.49M | $14.71M | $18.44M | $23.85M | $32.54M | $7.06M | $6.94M | $3.68M | $2.62M | $3.93M | $4.98M | $4.03M | $1.08M | $238K |
| Minority Interest | $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 | $2.4M | $3.07M | $7.26M | $6.04M | $9.61M | $13.71M | $17.96M | $21.66M | $17.87M | $15.27M | $19.1M | $24.18M | $36.86M | $7.76M | $7.49M | $3.79M | $2.73M | $4.07M | $5.06M | $4.11M | $1.17M | $323K |
| Supplementary Data | ||||||||||||||||||||||
| Total Debt | $2.01M | $53K | $100K | $141K | $174K | $200K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $838K | -$1.63M | -$5.69M | -$3.92M | -$6.97M | -$6.13M | -$3.31M | -$2.06M | -$3.3M | -$12.55M | -$13.63M | -$12.92M | -$19.81M | -$4.87M | -$7.21M | -$3.67M | -$2.6M | -$3.92M | -$4.88M | -$4M | -$884K | -$162K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 | 2007-06-30 | 2006-06-30 | 2005-06-30 | 2004-06-30 |
| Operating Activities | ||||||||||||||||||||||
| Net Income | -$7.13M | -$6.36M | -$6.98M | -$3.62M | -$4.25M | -$4.21M | -$4.74M | -$3.09M | -$4.95M | -$4.29M | -$5.65M | -$8.72M | $23.64M | -$11.51M | -$9.08M | -$1.59M | -$1.46M | -$1.65M | -$1.43M | -$965K | -$481K | -$197K |
| Depreciation & Amortization | $39K | $46K | $49K | $69K | $76K | $82K | $38K | $25K | $28K | $40K | $44K | $45K | $48K | $40K | $2K | $12K | $20K | $18K | $13K | $750 | $1K | $0 |
| Deferred Income Tax | $0 | $0 | $637K | $282K | $657K | -$166K | $413K | $65K | $13K | -$651K | -$147K | $2.74M | -$34.64M | $16K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $716K | $680K | $412K | -$19K | $304K | $674K | $357K | $507K | $226K | $232K | $8K | $760K | $2.38M | $4.21M | $0 | $154K | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||
| Accounts Receivable | -$31K | -$19K | -$59K | $33K | -$33K | $7K | $400K | $118K | -$90K | -$115K | -$18K | $123K | $59K | -$44K | $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 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $151K | -$179K | -$99K | $326K | -$1.07M | $3.14M | $100K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $132K | -$140K | -$17K | -$425K | $235K | -$537K | $332K | $48K | -$179K | $2.48M | $424K | -$2.92M | $0 | $0 | $0 | $0 | $0 | $0 | -$30K | -$55K | $0 | $49K |
| Total Working Capital Change | $101K | -$159K | -$76K | -$392K | $203K | -$530K | $732K | $317K | -$269K | $2.27M | $731K | -$3.86M | $3.2M | $56K | $361K | -$6K | -$24K | $126K | -$30K | -$55K | -$10K | $49K |
| Other Non-Cash Items | $854K | -$164K | -$425K | -$348K | -$398K | -$173K | -$314K | -$257K | -$99K | -$436K | -$191K | $2.68M | -$33.94M | -$5K | $436K | $0 | $0 | $117K | $235K | $239K | $60K | $0 |
| Net Cash from Operating | -$6.14M | -$5.92M | -$6.12M | -$3.6M | -$3.73M | -$4.69M | -$3.2M | -$2.59M | -$4.78M | -$2.19M | -$4.83M | -$9.85M | -$6.29M | -$9.03M | -$4.07M | -$1.58M | -$1.31M | -$1.39M | -$1.22M | -$780K | -$430K | -$148K |
| Investing Activities | ||||||||||||||||||||||
| Capital Expenditures | -$48K | -$62K | -$62K | -$33K | -$105K | -$97K | -$142K | -$67K | -$55K | -$164K | -$30K | -$26K | -$167K | -$1.85M | -$100K | -$2K | -$3K | -$1K | -$81K | -$39K | -$112K | -$132K |
| Acquisitions | $0 | $0 | $0 | $0 | $46K | $0 | $20K | $44K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | -$20K | -$4.89M | -$11.64M | $0 | $0 | $0 | -$296K | -$711K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $4.78M | $7.22M | $4.86M | $0 | $0 | $528K | $3.37M | $1.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $291K | $429K | $374K | $501K | $363K | $110K | $48K | $17K | $50K | $45K | $747K | $20.58M | $21K | $0 | $0 | $0 | $0 | $29K | $0 | $0 | $0 |
| Net Cash from Investing | -$48K | $230K | $367K | $342K | $5.22M | $7.49M | $4.83M | -$4.91M | -$11.68M | $414K | $3.38M | $2.56M | $20.11M | -$2.54M | -$100K | -$2K | -$3K | -$1K | -$51K | -$39K | -$112K | -$132K |
| Financing Activities | ||||||||||||||||||||||
| Debt Repaid | - | $34K | $33K | $51K | $54K | $54K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $5.71M | $1.66M | $7.44M | $0 | $0 | $0 | $32K | $6.02M | $7.02M | $84K | $0 | $0 | $360K | $9.25M | $8.12M | $2.65M | $0 | $430K | $2.15M | $3.93M | $1.26M | $421K |
| Common Stock Repurchases | $0 | $0 | -$10K | -$14K | -$89K | $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 |
| Other Financing Activities | -$38K | -$20K | -$48K | -$503 | -$1K | $0 | $32K | $311K | $210K | $84K | $0 | $16K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $22K |
| Net Cash from Financing | $5.67M | $1.61M | $7.35M | -$66K | -$144K | -$54K | $32K | $6.33M | $7.23M | $84K | $0 | $16K | $360K | $9.25M | $8.12M | $2.65M | $0 | $430K | $2.15M | $3.93M | $1.26M | $442K |
| Forex Effect | -$643 | -$27K | $134K | $240K | -$539K | $279K | -$412K | -$69K | -$13K | $611K | $2.16M | $389K | $758K | -$16K | -$414K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$510K | -$4.11M | $1.73M | -$3.08M | $810K | $3.02M | $1.25M | -$1.24M | -$9.25M | -$1.08M | $713K | -$6.89M | $14.94M | -$2.34M | $3.54M | $1.06M | -$1.31M | -$964K | $887K | $3.11M | $722K | $162K |
| Supplementary Data | ||||||||||||||||||||||
| Operating Cash Flow | -$6.14M | -$5.92M | -$6.12M | -$3.6M | -$3.73M | -$4.69M | -$3.2M | -$2.59M | -$4.78M | -$2.19M | -$4.83M | -$9.85M | -$6.29M | -$9.03M | -$4.07M | -$1.58M | -$1.31M | -$1.39M | -$1.22M | -$780K | -$430K | -$148K |
| Capital Expenditure | $0 | -$62K | -$62K | -$33K | -$105K | -$97K | -$142K | -$67K | -$55K | -$164K | -$30K | -$26K | -$167K | -$1.85M | -$100K | -$2K | -$3K | -$1K | -$81K | -$39K | -$112K | -$132K |
| Free Cash Flow | -$6.14M | -$5.98M | -$6.18M | -$3.63M | -$3.84M | -$4.79M | -$3.34M | -$2.65M | -$4.84M | -$2.35M | -$4.86M | -$9.88M | -$6.46M | -$10.88M | -$4.17M | -$1.58M | -$1.31M | -$1.39M | -$1.3M | -$819K | -$542K | -$280K |
| Cash at Beginning | $1.68M | $5.79M | $4.06M | $7.15M | $6.33M | $3.31M | $2.06M | $3.3M | $12.55M | $13.63M | $12.92M | $19.81M | $4.87M | $7.21M | $3.67M | $2.6M | $3.92M | $4.88M | $4M | $884K | $162K | $0 |
| Cash at End | $1.17M | $1.68M | $5.79M | $4.06M | $7.15M | $6.33M | $3.31M | $2.06M | $3.3M | $12.55M | $13.63M | $12.92M | $19.81M | $4.87M | $7.21M | $3.67M | $2.6M | $3.92M | $4.88M | $4M | $884K | $162K |