METALINK LTD (MTLK)
Metalink Ltd. currently maintains a very limited operational presence. The company is actively exploring various strategic alternatives for its future, encompassing potential mergers, acquisitions, or other significant transactions with domestic or international, private or public operating entities. Options also include taking the company private or engaging with affiliated organizations. In its earlier phase, Metalink Ltd. specialized in marketing and selling DSL chipsets, crucial components for telecommunications equipment manufacturers. The firm was incorporated in 1992 and is headquartered in Bnei Brak, Israel.
Sector: Semiconductors & Related Devices
Industry: Shell Companies
Metalink Ltd.
OTC:MTLKFinancial Services · Shell Companies
Mkt Cap-
Float1.26M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income$86K
Total Assets$2.13M
Free Cash Flow$59K
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$1.97M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:10Reverse splitFeb 22, 201010 shares → 1
Balance Sheet Details
Assets$2.13M
Liabilities$158K
Accounts Receivable$25K
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 | FY 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | 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 | 1999-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $506K | $34K | $506K | $34K | $2.05M | $1.65M | $2.05M | $813K | $3.29M | $7.05M | $10.17M | $14.48M | $14.53M | $22.11M | $14.94M | $6.64M | $14.05M | $23.3M | $11.71M |
| YoY Growth | - | - | - | - | - | - | - | - | 1388.2% | -93.3% | 1388.2% | -98.3% | 24.5% | -19.7% | 152.2% | -75.3% | -53.4% | -30.6% | -29.8% | -0.4% | -34.3% | 48.0% | 125.2% | -52.8% | -39.7% | 99.0% | - |
| Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $217K | $23K | $217K | $23K | $15K | $595K | $717K | $109K | $1.13M | $2.7M | $5.03M | $7.51M | $7.33M | $12.29M | $8.18M | $4.59M | $6.45M | $10.26M | $5.59M |
| Gross Profit | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $289K | $11K | $289K | $11K | -$15K | $1.05M | $1.33M | $6.97M | $2.16M | $4.35M | $5.13M | $6.97M | $7.2M | $9.83M | $6.77M | $2.05M | $7.6M | $13.04M | $6.11M |
| Gross Margin | - | - | - | - | - | - | - | - | 57.1% | 32.4% | 57.1% | 32.4% | -0.7% | 63.9% | 65.0% | 857.2% | 65.8% | 61.7% | 50.5% | 48.1% | 49.5% | 44.4% | 45.3% | 30.8% | 54.1% | 56.0% | 52.2% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.73M | $19.45M | $22.88M | $17.62M | $16.64M | $14.87M | $12.96M | $12.03M | $13.6M | $9.21M | $4.1M |
| Selling, General, and Administrative | $23K | $39K | $38K | $41K | $43K | $48K | $45K | $58K | $194K | $291K | $259K | $275K | $308 | $732K | $617K | $1.11M | $2.32M | $7.15M | $7.88M | $6.88M | $8.04M | $9.24M | $9.06M | $8.5M | $8.99M | $6.71M | $3.16M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17K | $0 | $0 | -$7.73M | -$19.45M | $0 | $0 | $0 | -$206K | $0 | $0 | $745K | $791K | $874K |
| Total Operating Expenses | $23K | $39K | $38K | $41K | $43K | $48K | $45K | $58K | $194K | $291K | $259K | $275K | $308 | $749K | $638K | $1.16M | $2.32M | $26.6M | $30.75M | $24.49M | $24.68M | $24.11M | $22.01M | $20.52M | $23.34M | $16.71M | $8.14M |
| Operating Income (EBIT) | -$23K | -$39K | -$38K | -$41K | -$43K | -$48K | -$45K | -$58K | -$194K | -$291K | $30K | -$264K | -$323K | $302K | $695K | -$459K | -$9.96M | -$22.62M | -$25.62M | -$17.52M | -$17.48M | -$14.28M | -$15.24M | -$18.62M | -$15.74M | -$3.67M | -$2.02M |
| Operating Margin | - | - | - | - | - | - | - | - | -38.3% | -855.9% | 5.9% | -776.5% | -15.8% | 18.3% | 33.9% | -56.5% | -302.9% | -320.7% | -252.0% | -121.1% | -120.3% | -64.6% | -102.0% | -280.6% | -112.0% | -15.7% | -17.3% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $109K | $117K | $100K | $56K | $6K | $49K | $49K | $0 | $4K | $0 | $12K | $0 | $18K | $36K | $52K | $438K | $0 | $1.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $109K | $117K | $100K | $56K | $3K | $25K | $49K | $23K | $4K | $39K | $12K | $0 | $18K | $36K | $52K | $438K | $6.31M | $1.64M | $1.3M | $1.3M | $1.19M | $1.35M | $0 | -$144K | -$745K | $3.67M | -$1.25M |
| Income Before Tax (EBT) | $86K | $78K | $62K | $15K | -$40K | -$23K | $4K | -$35K | -$190K | -$252K | $42K | -$264K | -$305K | $338K | $747K | -$21K | -$3.65M | -$20.98M | -$24.32M | -$16.22M | -$16.29M | -$12.93M | $0 | -$18.77M | -$16.48M | $0 | -$3.28M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$59 | -$194 | -$291 | -$2 | -$2K | $0 | $0 | $0 | $0 | $3.49M | $1.64M | $0 | $0 | $0 | $0 | -$1.68M | -$2.43M | -$5.37M | -$791K | $0 |
| Net Income | $86K | $78K | $62K | $15K | -$40K | -$23K | $4K | -$35K | -$190K | -$252K | $42K | -$264K | -$305K | $338K | $747K | $6.78M | -$13.45M | -$20.98M | -$24.32M | -$16.22M | -$16.29M | -$12.93M | -$13.56M | -$16.34M | -$11.11M | $2.32M | -$3.28M |
| Net Income Margin | - | - | - | - | - | - | - | - | -37.5% | -741.2% | 8.3% | -776.5% | -14.9% | 20.5% | 36.4% | 833.8% | -409.2% | -297.4% | -239.3% | -112.0% | -112.1% | -58.5% | -90.7% | -246.2% | -79.1% | 9.9% | -28.0% |
| Supplementary Data | |||||||||||||||||||||||||||
| EPS | 0.07 | 0.06 | 0.05 | 0.01 | -0.03 | -0.02 | 0.00 | -0.03 | -0.14 | -0.09 | 0.02 | -0.10 | -0.11 | 0.13 | 0.28 | 2.44 | -5.42 | -8.90 | -11.41 | -8.26 | -8.42 | -6.76 | -7.27 | -8.88 | -6.08 | 1.10 | -1.65 |
| Diluted EPS | 0.07 | 0.06 | 0.05 | 0.01 | -0.03 | -0.02 | 0.00 | -0.03 | -0.14 | -0.09 | 0.02 | -0.10 | -0.11 | 0.13 | 0.28 | 2.44 | -5.42 | -8.90 | -11.41 | -8.26 | -8.42 | -6.76 | -7.27 | -8.88 | -6.08 | 1.10 | -1.65 |
| Weighted Average OS | 1.26M | 1.26M | 1.25M | 1.26M | 1.26M | 1.26M | 1.26M | 1.26M | 1.40M | 2.69M | 2.69M | 2.69M | 2.69M | 2.69M | 2.69M | 2.77M | 2.48M | 2.36M | 2.13M | 1.96M | 1.94M | 1.91M | 1.86M | 1.84M | 1.83M | 1.83M | 1.98M |
| EBITDA | -$23K | $117K | $100K | $56K | $3K | -$23K | $49K | $0 | $4K | $39K | $32K | -$262K | -$302K | $322K | $716K | -$411K | $1M | -$22.37M | -$24.32M | -$14.51M | -$14.88M | -$11.27M | -$12.64M | -$18.33M | -$14.99M | -$1.67M | -$1.15M |
| EBITDA Margin | - | - | - | - | - | - | - | - | 0.8% | 114.7% | 6.3% | -770.6% | -14.7% | 19.6% | 34.9% | -50.6% | 30.4% | -317.2% | -239.2% | -100.3% | -102.4% | -51.0% | -84.6% | -276.3% | -106.7% | -7.2% | -9.8% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 | 1999-12-31 |
| Assets | |||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||
| Cash and Cash Equivalents | $37K | $57K | $17K | $18K | $13K | $301K | $12K | $24K | $1.97M | $4.35M | $4.57M | $4.54M | $4.8M | $5.38M | $5.32M | $4.36M | $2.27M | $5.17M | $7.29M | $4.78M | $7.13M | $12.24M | $16.23M | $9.16M | $15.95M | $8.85M | $4.28M |
| Short-Term Investments | $2.06M | $1.94M | $1.93M | $1.89M | $1.88M | $1.62M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $677K | $17.23M | $18.32M | $20.14M | $16.19M | $12.97M | $20.69M | $64.97M | $86.27M | $45.16M |
| Cash and Short-Term Investments | $2.1M | $2M | $1.95M | $1.91M | $1.89M | $1.93M | $12K | $24K | $1.97M | $4.35M | $4.57M | $4.54M | $4.8M | $5.38M | $5.32M | $4.36M | $2.27M | $5.84M | $24.52M | $23.09M | $27.28M | $28.43M | $29.19M | $29.85M | $80.91M | $95.12M | $49.44M |
| Accounts Receivable | $25K | $49K | $20K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $0 | $5K | $26K | $48K | $358K | $1.06M | $4.04M | $2.96M | $2.45M | $4.38M | $6.43M | $3.87M | $2.48M | $2.76M | $6.18M | $3.67M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $176K | $112K | $112K | $252K | $37K | $1.07M | $2.51M | $1.76M | $3.17M | $4.25M | $4.86M | $4.43M | $3.9M | $2.81M | $2.01M | $826K |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.9M | $0 | $0 | $0 | $26K | $0 | $0 | $9K | $66K | $0 | $242K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $191K |
| Total Current Assets | $2.13M | $2.05M | $1.97M | $1.91M | $1.89M | $1.93M | $12K | $1.93M | $1.97M | $4.36M | $4.58M | $4.74M | $4.92M | $5.52M | $5.62M | $5M | $4.49M | $12.85M | $29.71M | $29.29M | $36.6M | $40.52M | $38.44M | $36.97M | $87.19M | $103.98M | $54.13M |
| Long-Term Assets | |||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $5K | $67K | $79K | $2.15M | $3.34M | $4.18M | $3.52M | $3.86M | $4.75M | $5.26M | $5.35M | $7.55M | $5.4M | $1.33M |
| 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 |
| Intangible 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 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.23M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $1.92M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.2M | $4.73M | $7.47M | $12.39M | $24.54M | $36.57M | $47.39M | $10M | $15.89M | $391K |
| Total Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $1.92M | $0 | $0 | $0 | $0 | $0 | $2K | $5K | $67K | $79K | $3.37M | $4.53M | $8.92M | $10.99M | $16.25M | $29.28M | $41.83M | $52.74M | $17.55M | $21.29M | $1.72M |
| 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 |
| Total Assets | $2.13M | $2.05M | $1.97M | $1.91M | $1.89M | $1.93M | $1.93M | $1.93M | $1.97M | $4.36M | $4.58M | $4.74M | $4.92M | $5.52M | $5.69M | $5.08M | $7.87M | $17.38M | $38.62M | $40.29M | $52.85M | $69.8M | $80.27M | $89.71M | $104.73M | $125.27M | $55.85M |
| Liabilities | |||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1K | $30K | $102K | $1.54M | $739K | $1.56M | $2.28M | $1.64M | $2.32M | $1.65M | $1.75M | $1.47M | $3.63M | $2.71M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.39M | $2.1M | $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 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.24M | $3.26M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $150K | $126K | $158K | $158K | $155K | $151K | $142K | $141K | $0 | $0 | $0 | $366K | $0 | $289K | $293K | $0 | $2.31M | $2.31M | $1.92M | $1.71M | $1.56M | $1.67M | $2.83M | $2.5M | $3.28M | $3.02M | $1.49M |
| Total Current Liabilities | $158K | $165K | $166K | $168K | $162K | $159K | $142K | $141K | $146K | $194K | $169K | $366K | $284K | $311K | $817K | $678K | $9.17M | $6.29M | $6.54M | $6.34M | $5.5M | $6.68M | $5.59M | $4.25M | $4.76M | $6.65M | $4.2M |
| 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 | $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 |
| 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 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $275K | $1.8M | $2.1M | $3.75M | $3.06M | $2.75M | $2.84M | $2.38M | $1.9M | $1.48M | $982K | $656K |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $275K | $1.8M | $2.1M | $3.75M | $3.06M | $2.75M | $2.84M | $2.38M | $1.9M | $1.48M | $982K | $656K |
| 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 |
| Total Liabilities | $158K | $165K | $166K | $168K | $162K | $159K | $142K | $141K | $146K | $194K | $169K | $366K | $284K | $311K | $817K | $953K | $10.97M | $8.39M | $10.29M | $9.4M | $8.25M | $9.51M | $7.97M | $6.15M | $6.24M | $7.63M | $4.86M |
| Stockholders' Equity | |||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $148.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $790K | $790K | $790K | $790K | $790K | $790K | $0 | $0 | $790K | $790K | $790K | $0 | $790K | $790K | $790K | $790K | $759K | $711K | $701K | $614K | $607K | $603K | $596K | $586K | $580K | $574K | $523K |
| Retained Earnings | -$144.9M | -$144.98M | -$145.06M | -$145.12M | -$145.14M | -$145.1M | -$145.07M | -$145.08M | -$145.04M | -$144.85M | -$144.6M | -$144.64M | -$144.38M | -$143.8M | -$144.14M | -$144.89M | -$151.67M | -$138.21M | -$117.24M | -$92.91M | -$76.69M | -$60.41M | -$47.47M | -$33.91M | -$17.58M | -$6.47M | -$8.78M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$124K | $48K | -$52K | -$234K | -$157K | $59K | -$806K | -$1.65M | -$2.03M | -$2.31M |
| Other Stockholders' Equity | $146.07M | $146.07M | $146.07M | $146.07M | $146.07M | $146.07M | $146.86M | $146.86M | $146.07M | $148.23M | $148.23M | $149.02M | $148.23M | $148.23M | $148.23M | $148.23M | $147.81M | $146.49M | $144.87M | $123.18M | $120.69M | $120.09M | $119.18M | $116.89M | $115.49M | $123.52M | $59.25M |
| Total Equity | $1.97M | $1.88M | $1.8M | $1.74M | $1.73M | $1.77M | $1.79M | $1.78M | $1.82M | $4.16M | $4.42M | $4.37M | $4.64M | $5.21M | $4.87M | $4.13M | -$3.1M | $8.99M | $28.33M | $30.88M | $44.6M | $60.29M | $72.3M | $83.56M | $98.5M | $117.63M | $50.99M |
| 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 |
| Total Liabilities and Equity | $2.13M | $2.05M | $1.97M | $1.91M | $1.89M | $1.93M | $1.93M | $1.93M | $1.97M | $4.36M | $4.58M | $4.74M | $4.92M | $5.52M | $5.69M | $5.08M | $7.87M | $17.38M | $38.62M | $40.29M | $52.85M | $69.8M | $80.27M | $89.71M | $104.73M | $125.27M | $55.85M |
| Supplementary Data | |||||||||||||||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.1M | $2.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$37K | -$57K | -$17K | -$18K | -$13K | -$301K | -$12K | -$24K | -$1.97M | -$4.35M | -$4.57M | -$4.54M | -$4.8M | -$5.38M | -$5.32M | -$4.36M | $1.83M | -$3.06M | -$7.29M | -$4.78M | -$7.13M | -$12.24M | -$16.23M | -$9.16M | -$15.95M | -$8.85M | -$4.28M |
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 | FY 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | 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 | 1999-12-31 |
| Operating Activities | |||||||||||||||||||||||||||
| Net Income | $86K | $78K | $62K | $15K | -$40K | -$23K | $4K | -$35K | -$190K | -$252K | $42K | -$264K | -$305K | $338K | $747K | $6.78M | -$13.45M | -$20.98M | -$24.32M | -$16.22M | -$16.29M | -$12.93M | -$13.56M | -$16.34M | -$11.11M | $2.32M | -$3.28M |
| Depreciation & Amortization | $0 | $39K | $38K | $41K | $43K | $0 | $45K | $58K | $194K | $291K | $2K | $2K | $3K | $3K | $21K | $48K | $1.16M | $1.89M | $1.36M | $3.01M | $2.6M | $3.01M | $2.6M | $0 | $0 | $2M | $874K |
| Deferred Income Tax | $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 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $483K | $1.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||
| Accounts Receivable | $24K | -$29K | -$20K | $0 | $0 | $0 | $0 | $0 | $10K | $1K | $15K | -$20 | $22 | $39K | $53K | $6K | $2.05M | -$1.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $176K | -$64K | $0 | $140K | -$40K | $414K | $1.44M | -$743K | $1.41M | $1.08M | $611K | -$427K | -$530K | $0 | $0 | -$1.19M | -$389K |
| Accounts Payable | -$7K | -$1K | -$2K | $6K | $3K | $0 | $0 | $0 | $0 | -$2K | -$70K | $72K | -$1K | -$29K | -$72K | $138K | $803K | -$825K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $0 | $0 | $0 | $0 | $17K | $1K | -$5K | -$48K | $27K | -$127K | $10 | -$26 | -$203K | $249K | -$2.22M | $1.01M | -$556K | -$121K | $2.9M | $969K | -$1.34M | -$136K | $4.24M | $3.9M | -$1.14M | $793K |
| Total Working Capital Change | $17K | -$30K | -$22K | $6K | $3K | $17K | $1K | -$5K | -$38K | $26K | -$6K | -$2K | -$5K | -$53K | $190K | -$1.66M | $5.31M | -$3.96M | $1.28M | $3.98M | $1.58M | -$1.77M | -$666K | $4.24M | $3.9M | -$2.33M | $404K |
| Other Non-Cash Items | -$44K | -$89K | -$96K | -$77K | -$46K | -$5K | -$45K | -$58K | -$194K | -$291K | -$2K | $72 | $0 | -$326 | $15K | $33K | $2.68M | -$1.62M | $1.6M | $165K | $161K | $117K | $1.07M | $0 | $0 | $261K | $1.49M |
| Net Cash from Operating | $59K | -$2K | -$18K | -$15K | -$40K | -$11K | $5K | -$40K | -$228K | -$226K | $36K | -$264K | -$307K | $15K | $973K | -$1.76M | -$3.83M | -$23.15M | -$20.09M | -$9.07M | -$11.95M | -$11.57M | -$10.55M | -$12.09M | -$7.21M | $2.25M | -$509K |
| Investing Activities | |||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $42K | -$9K | $0 | -$15K | -$793K | -$1.98M | -$1.25M | -$1.28M | -$1.5M | -$1.99M | -$838K | -$4.08M | -$5.37M | -$698K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | -$248K | $0 | -$17K | -$1.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$44.79M | -$34.49M | -$14.65M | -$16.22M | -$11.14M | -$171.76M | $0 | -$55.84M | -$45.16M |
| Sales of Investments | $0 | $0 | $0 | $20K | $0 | $300K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $800K | $18.49M | $49.18M | $41.37M | $22.09M | $24.19M | $29.3M | $177.34M | $27.16M | $0 | $0 |
| Other Investing Activities | -$79K | $42K | $17K | $0 | $0 | $0 | $0 | -$1.9M | $0 | $0 | $0 | $0 | $0 | $42 | $0 | $7.7M | $48K | $128K | $12K | $0 | $0 | $0 | $0 | $0 | $0 | $8K | $0 |
| Net Cash from Investing | -$79K | $42K | $17K | $20K | -$248K | $300K | -$17K | -$1.9M | $0 | $0 | $0 | $0 | $0 | $42K | -$9K | $7.7M | $833K | $17.83M | $2.42M | $5.63M | $6.17M | $6.47M | $16.16M | $4.75M | $23.07M | -$61.21M | -$45.86M |
| Financing Activities | |||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -$1.96M | -$1.35M | - | - | - | - | - | - | - | - | $500K |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $162K | $21K | $8K | $20.18M | $1.08M | $677K | $1.12M | $1.46M | $560K | $724K | $63.53M | $50.14M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$9.49M | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$270K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $35K | $123K | $1.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.15M | $0 | $0 | $0 | -$270K | $0 | $0 | -$3.85M | $102K | $3.2M | $20.18M | $1.08M | $677K | $1.12M | $1.46M | $560K | -$8.77M | $63.53M | $49.64M |
| 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 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$20K | $40K | -$1K | $5K | -$288K | $289K | -$12K | -$1.94M | -$2.38M | -$226K | $36K | -$264K | -$577K | $57K | $964K | $2.08M | -$2.89M | -$2.13M | $2.52M | -$2.36M | -$5.11M | -$3.99M | $7.07M | -$6.79M | $7.09M | $4.57M | $3.27M |
| Supplementary Data | |||||||||||||||||||||||||||
| Operating Cash Flow | $59K | -$2K | -$18K | -$15K | -$40K | -$11K | $5K | -$40K | -$228K | -$226K | $36K | -$264K | -$307K | $15K | $973K | -$1.76M | -$3.83M | -$23.15M | -$20.09M | -$9.07M | -$11.95M | -$11.57M | -$10.55M | -$12.09M | -$7.21M | $2.25M | -$509K |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $42K | -$9K | $0 | -$15K | -$793K | -$1.98M | -$1.25M | -$1.28M | -$1.5M | -$1.99M | -$838K | -$4.08M | -$5.37M | -$698K |
| Free Cash Flow | $59K | -$2K | -$18K | -$15K | -$40K | -$11K | $5K | -$40K | -$228K | -$226K | $36K | -$264K | -$307K | $57K | $964K | -$1.76M | -$3.84M | -$23.94M | -$22.06M | -$10.31M | -$13.22M | -$13.08M | -$12.54M | -$12.93M | -$11.29M | -$3.13M | -$1.21M |
| Cash at Beginning | $57K | $17K | $18K | $13K | $301K | $12K | $24K | $1.97M | $4.35M | $4.57M | $4.54M | $4.8M | $5.38M | $5.32M | $4.36M | $2.27M | $5.17M | $7.29M | $4.78M | $7.13M | $12.24M | $16.23M | $9.16M | $15.95M | $8.85M | $4.28M | $1.01M |
| Cash at End | $37K | $57K | $17K | $18K | $13K | $301K | $12K | $24K | $1.97M | $4.35M | $4.57M | $4.54M | $4.8M | $5.38M | $5.32M | $4.36M | $2.27M | $5.17M | $7.29M | $4.78M | $7.13M | $12.24M | $16.23M | $9.16M | $15.95M | $8.85M | $4.28M |