NXT Energy Solutions Inc. (NSFDF)
NXT Energy Solutions Inc. is a technology firm that serves the global oil and gas sector. The company's core offering is its proprietary Stress Field Detection (SFD) technology. This advanced SFD system functions as an airborne remote sensing platform, deploying quantum-scale sensors to detect subtle anomalies in gravitational fields. This unique aerial survey methodology can be utilized both on land and at sea to remotely identify promising subsurface traps and reservoirs with significant potential for hydrocarbon and geothermal energy exploration. Established in 1994, the company was initially known as Energy Exploration Technologies Inc. before rebranding as NXT Energy Solutions Inc. in September 2008. It maintains its headquarters in Calgary, Canada.
Sector: Oil & Gas Field Exploration Services
Industry: Oil & Gas Equipment & Services
NXT Energy Solutions Inc.
OTC:NSFDFEnergy · Oil & Gas Equipment & Services
-0.95%$0.2700
Mkt Cap$21.46M
Float38.72M
O/S79.48M
Inst Own-
SI0.4%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$11.68M
Net Income-$1.66M
Total Assets$13.8M
Free Cash Flow$767K
Debt & Equity
Debt 13%
Equity 87%
Total Debt$1.54M
Total Equity$10.62M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in NSFDF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$13.8M
Liabilities$3.18M
Accounts Receivable$3.02M
Accounts Payable$563K
Inventory$0
PP&E (Net)$1.87M
Goodwill$0
Intangible Assets$5.77M
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 | 2025-12-31 | 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 | 1998-12-31 |
| Revenue | $11.68M | $460K | $1.53M | $0 | $2.24M | $98K | $8.56M | $0 | $337K | $1.03M | $12.45M | $2.8M | $1.92M | $7.82M | $103K | $317K | $2.63M | $2.11M | $3.81M | $796K | $40K | $41K | $0 | $85K | $0 | $0 | $0 | $0 |
| YoY Growth | 2437.9% | -70.0% | - | - | 2194.9% | -98.9% | - | - | -67.5% | -91.7% | 345.2% | 45.8% | -75.5% | 7461.7% | -67.3% | -88.0% | 24.7% | -44.5% | 378.1% | 1870.2% | -2.1% | - | - | - | - | - | - | - |
| Cost of Revenue | $5.49M | $2.79M | $2.86M | $2.11M | $2.14M | $2.05M | $3.14M | $2.07M | $921K | $827K | $4.14M | $308K | $1.17M | $2.69M | $148K | $333K | $1.13M | $154K | $559K | $124K | $4K | $5K | $0 | $174K | $1.84M | $536K | -$96K | $0 |
| Gross Profit | $6.2M | -$2.33M | -$1.33M | -$2.11M | $95K | -$1.95M | $5.42M | -$2.07M | -$584K | $207K | $8.81M | $2.49M | $752K | $5.22M | $70K | -$17K | $2.63M | $1.96M | $3.25M | $792K | $36K | $36K | $0 | $422K | -$1.84M | -$535K | $96K | $0 |
| Gross Margin | 53.0% | -506.6% | -86.8% | - | 4.3% | -2003.4% | 63.3% | - | -173.7% | 20.0% | 70.7% | 89.0% | 39.2% | 66.8% | 67.7% | -5.3% | 99.8% | 92.7% | 85.3% | 99.6% | 90.3% | 88.1% | - | 496.1% | - | - | - | - |
| Research and Development | $222K | $217K | $65K | $0 | $34K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.49M | $0 | $0 | $172K | $476K | $395K | $282K | $277K |
| Selling, General, and Administrative | $2.87M | $2.89M | $2.44M | $2.67M | $2.25M | $2.39M | $2.53M | $3.13M | $3.96M | $4.6M | $4.12M | $3.42M | $3.29M | $3.41M | $2.55M | $3.04M | $3.03M | $2.63M | $2.7M | $2.07M | $2.28M | $2.04M | $1.77M | $1.62M | $1.79M | $1.93M | $1.5M | $1.08M |
| Other | $0 | -$217K | $0 | -$21K | -$15K | -$7K | $0 | $31K | -$65K | $1.5M | $504K | $48K | $61K | $89K | $3K | $475 | $131K | $126K | $154K | $917K | $558K | $596K | $1.83M | $410K | $383K | $368K | $274K | $1.19M |
| Total Operating Expenses | $3.09M | $2.89M | $2.44M | $2.67M | $2.28M | $2.39M | $2.53M | $3.13M | $5.32M | $6.1M | $4.38M | $3.47M | $3.35M | $3.5M | $2.55M | $3.04M | $3.16M | $2.75M | $3.02M | $2.99M | $5.32M | $2.63M | $1.83M | $2.2M | $3.08M | $2.69M | $2.06M | $1.47M |
| Operating Income (EBIT) | $3.1M | -$5.22M | -$3.77M | -$4.79M | -$1.25M | -$3.33M | $2.86M | -$3.92M | -$4.88M | -$5.9M | $4.43M | -$982K | -$2.6M | $1.72M | -$2.59M | -$3.18M | -$1.66M | -$797K | $397K | -$2.19M | -$5.29M | -$2.76M | -$2.76M | -$6.36M | -$4.94M | -$3.23M | -$1.96M | -$1.47M |
| Operating Margin | 26.6% | -1134.6% | -246.2% | - | -55.7% | -3416.7% | 33.4% | - | -1450.6% | -570.2% | 35.6% | -35.1% | -135.5% | 22.0% | -2508.8% | -1003.1% | -63.2% | -37.7% | 10.4% | -275.5% | -13087.4% | -6694.5% | - | -7475.2% | - | - | - | - |
| Interest Expense | $369K | $536K | $115K | $25K | $27K | $0 | $0 | $0 | $3K | $0 | $0 | $0 | $0 | $2K | $0 | $0 | $0 | $0 | $72K | $947K | $1.23M | $456 | $0 | $80K | $174K | $21K | $0 | $16K |
| Interest Income | $0 | $0 | $0 | $26 | $0 | $10K | $21K | $0 | $0 | $12K | $10K | $36K | $18K | $0 | $12K | $7K | $58K | $167K | $74K | $3K | $0 | $0 | $2K | $23K | $126K | $383K | $0 | $231K |
| Other Income (Expense) | -$4.4M | -$1.26M | -$120K | -$25K | -$48K | $49K | -$147K | $369K | -$1.47M | -$339K | $141K | -$134K | -$932K | $108K | $32K | -$6K | -$55K | -$19K | -$151K | -$945K | -$1.23M | -$228K | -$1.86M | $6.36M | -$44K | $19K | -$1K | $21K |
| Income Before Tax (EBT) | -$1.3M | -$6.49M | -$3.89M | -$4.81M | -$2.23M | -$4.31M | $2.7M | -$4.98M | -$6.36M | -$6.23M | $4.06M | -$1.12M | -$3.53M | $1.78M | -$2.56M | -$3.18M | -$1.78M | -$982K | $245K | -$3.14M | -$6.52M | -$3.64M | -$4.62M | -$10.93M | -$4.99M | -$3.21M | -$1.96M | -$1.44M |
| Income Tax Expense | $355K | $0 | $0 | $0 | $0 | $0 | $152K | -$369K | $54K | $268K | -$3.47M | $0 | $285K | $305K | $0 | $6K | -$55K | $19K | $151K | $0 | -$14K | $137K | $782K | $281K | $71K | -$381K | -$372K | -$237K |
| Net Income | -$1.66M | -$6.49M | -$3.89M | -$4.84M | -$2.23M | -$4.31M | $2.7M | -$4.61M | -$6.41M | -$6.5M | $7.53M | -$1.12M | -$3.82M | $1.47M | -$2.56M | -$3.18M | -$1.72M | -$815K | $250K | -$3.14M | -$6.5M | -$2.73M | -$2.61M | -$6.38M | -$4.99M | -$2.85M | -$1.59M | -$1.23M |
| Net Income Margin | -14.2% | -1409.0% | -254.0% | - | -99.7% | -4414.0% | 31.5% | - | -1904.5% | -628.9% | 60.5% | -39.9% | -199.0% | 18.9% | -2478.4% | -1004.9% | -65.3% | -38.6% | 6.6% | -394.2% | -16095.7% | -6625.9% | - | -7505.4% | - | - | - | - |
| Supplementary Data | ||||||||||||||||||||||||||||
| EPS | -0.02 | -0.12 | -0.07 | -0.10 | -0.05 | -0.09 | 0.06 | -0.10 | -0.16 | -0.17 | 0.22 | -0.04 | -0.13 | 0.05 | -0.10 | -0.14 | -0.08 | -0.04 | 0.01 | -0.17 | -0.42 | -0.19 | -0.21 | -0.52 | -0.49 | -0.30 | -0.17 | -0.14 |
| Diluted EPS | -0.02 | -0.12 | -0.07 | -0.10 | -0.05 | -0.09 | 0.06 | -0.10 | -0.16 | -0.17 | 0.21 | -0.04 | -0.13 | 0.04 | -0.10 | -0.14 | -0.08 | -0.04 | 0.01 | -0.17 | -0.42 | -0.19 | -0.21 | -0.52 | -0.49 | -0.30 | -0.17 | -0.14 |
| Weighted Average OS | 108.99M | 75.65M | 77.65M | 66.06M | 62.48M | 64.85M | 68.63M | 65.91M | 54.90M | 53.93M | 48.11M | 44.68M | 41.09M | 40.73M | 35.94M | 30.99M | 30.90M | 30.58M | 28.03M | 25.29M | 21.42M | 20.27M | 17.72M | 17.09M | 14.32M | 13.08M | 12.77M | 12.48M |
| EBITDA | $441K | -$4.6M | -$2.52M | -$3.52M | -$936K | -$3.08M | $4.13M | -$3.89M | -$5M | -$4.39M | $4.43M | -$1.19M | -$2.62M | $1.81M | -$2.48M | -$3.06M | -$1.54M | -$674K | $577K | -$1.28M | -$4.75M | -$2.55M | $90K | -$1.85M | -$2.27M | -$2.86M | -$1.69M | -$1.34M |
| EBITDA Margin | 3.8% | -999.5% | -164.6% | - | -41.8% | -3159.8% | 48.3% | - | -1484.6% | -424.8% | 35.6% | -42.5% | -136.4% | 23.1% | -2398.2% | -966.3% | -58.5% | -31.9% | 15.2% | -160.2% | -11764.5% | -6172.2% | - | -2176.2% | - | - | - | - |
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 | 2025-12-31 | 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 | 1998-12-31 |
| Assets | ||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $2.56M | $522K | $287K | $188K | $1.61M | $1.92M | $2.04M | $243K | $119K | $350K | $5.06M | $36K | $2.37M | $3.61M | $1.08M | $332K | $2.98M | $104K | $1.42M | $709K | $879K | $247K | $949K | $658K | $3.41M | $4.58M | $9.38M | $5.18M |
| Short-Term Investments | $245K | $0 | $0 | $0 | $393K | $244K | $2.7M | $2.79M | $679K | $1.04M | $1.47M | $3.7M | $1.75M | $39K | $7K | $647K | $0 | $4.82M | $3.99M | $940K | $37K | $472K | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $2.8M | $522K | $287K | $188K | $2.01M | $2.17M | $4.74M | $3.03M | $798K | $1.39M | $6.53M | $3.73M | $4.12M | $3.65M | $1.09M | $979K | $2.98M | $4.93M | $5.41M | $1.65M | $916K | $719K | $949K | $658K | $3.41M | $4.58M | $9.38M | $5.18M |
| Accounts Receivable | $3.02M | $76K | $1.31M | $41K | $601K | $690K | $1.22M | $44K | $43K | $147K | $579K | $178K | $211K | $337K | $87K | $2K | $816K | $15K | $600K | $438K | $55K | $376K | $111K | $375K | $232K | $799K | $105K | $134K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $289K | $0 | $214K | $698K | $795K | $0 | $0 | $0 | $0 | $0 | $0 | $33K | $0 | $0 | $164K | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $186K | $0 | $113K | $310K | $0 | $0 | $0 | $0 | $0 | $46K | $6K | $0 | $0 | $82K | $105 | $73K | $92K | $0 |
| Total Current Assets | $5.98M | $794K | $1.63M | $255K | $2.8M | $2.91M | $6.03M | $3.12M | $917K | $1.66M | $7.64M | $4.15M | $4.7M | $5.09M | $2M | $1.01M | $3.84M | $4.98M | $6.14M | $2.13M | $1.02M | $1.13M | $1.16M | $1.12M | $3.8M | $5.46M | $9.58M | $5.35M |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $1.87M | $2.24M | $1.02M | $1.29M | $1.83M | $2.23M | $2.67M | $488K | $556K | $2.39M | $2.63M | $170K | $188K | $234K | $289K | $376K | $454K | $449K | $385K | $284K | $1.02M | $1.15M | $1.28M | $3.37M | $9.52M | $7.52M | $1.49M | $632K |
| 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 | $5.77M | $6.98M | $8.2M | $9.41M | $10.62M | $11.64M | $12.84M | $14.04M | $15.25M | $16.45M | $17.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $176K | $168K | $304K | $383K | $400K | $371K | $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 | -$176K | -$168K | -$304K | -$383K | -$400K | -$371K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $178K | $2K | $6K | $176K | $168K | $376K | $383K | $400K | $371K | $0 | $0 | $0 | $0 | $0 | $53K | $73K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $38K | $62K | $64K | $36K | $141K |
| Total Long-Term Assets | $7.82M | $9.23M | $9.22M | $10.87M | $12.63M | $14.24M | $15.9M | $14.93M | $16.17M | $18.84M | $20.28M | $170K | $188K | $234K | $342K | $448K | $454K | $449K | $385K | $284K | $1.02M | $1.15M | $1.28M | $3.41M | $9.58M | $7.58M | $1.52M | $774K |
| 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 | $13.8M | $10.02M | $10.85M | $11.13M | $15.42M | $17.16M | $21.93M | $18.05M | $17.09M | $20.5M | $27.92M | $4.32M | $4.89M | $5.33M | $2.34M | $1.46M | $4.29M | $5.43M | $6.53M | $2.42M | $2.04M | $2.28M | $2.44M | $4.52M | $13.38M | $13.04M | $11.1M | $6.12M |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $563K | $136K | $586K | $86K | $74K | $46K | $22K | $88K | $234K | $202K | $581K | $346K | $513K | $726K | $483K | $273K | $296K | $257K | $369K | $134K | $280K | $88K | $126K | $77K | $507K | $772K | $34K | $155K |
| Short-Term Debt | $64K | $3.51M | $1.32M | $79K | $46K | $0 | $0 | $0 | $377K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $128K | $636K | $815K | $0 | $0 | $0 | $81K | $69K | $0 | $0 |
| Current Income Tax Payable | $355K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $144 | $70 | $895K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $601K | $188K | $0 | $0 | $91K | $94K | $111K | $144 | $70 | $505K | $0 | $1.99M | $227K | $1.27M | $0 | $197K | $183K | $1.59M | $207K | $733K | $0 | $0 | $0 | $152K | $0 | $0 | $0 |
| Other Current Liabilities | $79K | $79K | $268K | $381K | $146K | $131K | $223K | $108K | $488K | $98K | $100K | $0 | $960K | $318K | $291K | $139K | $0 | $14K | $0 | $55K | $1.18M | $377K | $438K | $91K | $201K | $281K | $589K | $0 |
| Total Current Liabilities | $2.22M | $5.57M | $2.95M | $1.46M | $785K | $959K | $941K | $387K | $1.14M | $438K | $2.26M | $559K | $3.54M | $1.56M | $2.24M | $420K | $529K | $462K | $2.33M | $1.23M | $3.01M | $543K | $637K | $168K | $941K | $1.12M | $623K | $195K |
| Long-Term Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | $351K | $3.47M | $1.59M | $589K | $668K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $172K | $0 | $0 | $0 | $1.67M | $1.64M | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $56K | $59K | $61K | $63K | $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 | -$56K | -$59K | -$61K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $17K | $18K | $19K | $18K | $16K | $16K | $15K | $335K | $469K | $39K | $99K | $36K | $46K | $44K | $41K | $39K | $154K | $21K | -$23 | $0 | $0 | $200K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $954K | $4.64M | $1.79M | $1.03M | $1.66M | $1.37M | $1.92M | $365K | $530K | $189K | $215K | $36K | $46K | $44K | $41K | $45K | $166K | $38K | $23K | $0 | $172K | $200K | $0 | $0 | $1.67M | $1.64M | $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 | $3.18M | $10.21M | $4.74M | $2.49M | $2.45M | $2.33M | $2.86M | $752K | $1.67M | $627K | $2.47M | $595K | $3.59M | $1.6M | $2.28M | $464K | $695K | $501K | $2.35M | $1.23M | $3.18M | $743K | $637K | $168K | $2.61M | $2.77M | $623K | $195K |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $166K | $166K | $2.49M | $2.49M | $2.49M | $2.49M | $2.49M | $2.12M | $2.5M | $2.49M | $0 | $0 | $900 | $910 | $857 | $828 | $880 |
| Common Stock | $82.53M | $70.21M | $70.15M | $68.9M | $68.44M | $68.11M | $68.1M | $69.06M | $62.96M | $61.42M | $60.77M | $47.01M | $43.83M | $40.46M | $38.41M | $0 | $37.11M | $0 | $25.86M | $0 | $0 | $0 | $16K | $19K | $19K | $14K | $1.18M | $14K |
| Retained Earnings | -$79.01M | -$77.36M | -$70.87M | -$66.98M | -$62.17M | -$59.97M | -$56.19M | -$58.89M | -$53.91M | -$47.5M | -$41M | -$48.53M | -$47.41M | -$43.6M | -$45.07M | -$42.51M | -$39.33M | -$37.66M | -$26.39M | -$31.35M | -$28.11M | -$22.37M | -$21.18M | -$22.54M | -$16.34M | -$10.69M | -$7.57M | -$6.37M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $508K | $508K | $508K | $508K | $508K | $508K | $508K | $508K | $508K | $508K | $508K | $508K | $403K | $146K | $217K | $228K | $257K | -$207K | -$254K | -$69K | -$30K | -$880 |
| Other Stockholders' Equity | $7.11M | $6.96M | $6.83M | $6.72M | $6.7M | $6.68M | $7.16M | $7.13M | $6.36M | $5.95M | $5.68M | $5.25M | $4.88M | $6.86M | $6.72M | $43.51M | $5.82M | $42.59M | $4.7M | $32.54M | $26.97M | $23.91M | $22.97M | $26.88M | $27.1M | $20.95M | $16.87M | $12.28M |
| Total Equity | $10.62M | -$188K | $6.11M | $8.64M | $12.97M | $14.83M | $19.07M | $17.3M | $15.42M | $19.87M | $25.45M | $3.73M | $1.3M | $3.73M | $60K | $998K | $3.6M | $4.93M | $4.17M | $1.19M | -$1.14M | $1.54M | $1.81M | $4.35M | $10.78M | $10.27M | $10.48M | $5.92M |
| 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 | $13.8M | $10.02M | $10.85M | $11.13M | $15.42M | $17.16M | $21.93M | $18.05M | $17.09M | $20.5M | $27.92M | $4.32M | $4.89M | $5.33M | $2.34M | $1.46M | $4.29M | $5.43M | $6.53M | $2.42M | $2.04M | $2.28M | $2.44M | $4.52M | $13.38M | $13.04M | $11.1M | $6.12M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $1.54M | $8.63M | $3.33M | $1.56M | $2.07M | $1.91M | $2.43M | $61K | $89K | $115K | $140K | $0 | $0 | $0 | $6K | $13K | $33K | $25K | $158K | $636K | $987K | $0 | $0 | $0 | $1.75M | $1.71M | $0 | $0 |
| Net Debt | -$1.02M | $8.11M | $3.05M | $1.37M | $461K | -$15K | $391K | -$182K | -$30K | -$235K | -$4.92M | -$36K | -$2.37M | -$3.61M | -$1.07M | -$318K | -$2.95M | -$79K | -$1.26M | -$74K | $108K | -$247K | -$949K | -$658K | -$1.66M | -$2.87M | -$9.38M | -$5.18M |
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 | 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 | 2025-12-31 | 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 | 1998-12-31 |
| Operating Activities | ||||||||||||||||||||||||||||
| Net Income | -$1.66M | -$6.49M | -$3.89M | -$4.81M | -$2.23M | -$4.29M | $2.7M | -$4.98M | -$6.41M | -$6.5M | $7.53M | -$1.12M | -$3.82M | $1.47M | -$2.56M | -$3.18M | -$1.72M | -$815K | $245K | -$3.14M | -$6.5M | -$2.76M | -$2.76M | -$6.38M | -$4.99M | -$2.85M | -$1.59M | -$1.23M |
| Depreciation & Amortization | $1.37M | $1.35M | $1.26M | $1.26M | $1.27M | $1.27M | $1.27M | $1.28M | $1.36M | $1.5M | $504K | $48K | $61K | $89K | $115K | $117K | $124K | $123K | $148K | $918K | $534K | $50K | $53K | $270K | $383K | $368K | $274K | $146K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $112 | $101K | $87K | $0 | $74K | $0 | -$4.88M | $0 | $0 | $0 | $0 | $123 | $6K | -$127K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $502K | $192K | $172K | $154K | $206K | $120K | $31K | $276K | $415K | $565K | $772K | $470K | $352K | $189K | $246K | $413K | $480K | $467K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||
| Accounts Receivable | -$2.97M | $1.23M | -$1.31M | $561K | $88K | $290K | -$957K | -$895 | -$44K | $0 | $0 | $34K | $126K | -$250K | -$85K | $814K | -$802K | $585K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | -$530K | -$10K | $86K | -$260K | $0 | $0 | $0 | $0 | $214K | $483K | $97K | -$795K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $126K | -$313K | $400K | $530K | $10K | -$86K | $75K | -$642K | $0 | $0 | $0 | -$241K | -$502K | $127K | $553K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$203K | $105K | -$13K | $694K | -$79K | $157K | $96K | $30K | $636K | -$989K | $995K | -$1.99M | $1.76M | -$1.04M | $1.27M | -$90K | $70K | -$1.68M | $0 | $0 | $4.88M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$3.05M | $1.34M | -$925K | $1.25M | $10K | $447K | -$1.05M | -$613K | $592K | -$989K | $995K | -$1.98M | $1.87M | -$1.07M | $943K | $724K | -$732K | -$1.1M | $1.3M | -$165K | $4.88M | -$196K | $706K | -$624K | $561K | $77K | $397K | -$83K |
| Other Non-Cash Items | $3.66M | $774K | -$63K | $43K | $9K | -$121K | -$126K | -$281K | $67K | $774 | $64K | $20K | $982K | -$117K | $3K | $3K | -$4K | $153K | $932K | $1.56M | $186K | $516K | $1.72M | $4.35M | $1.86M | $524K | $180 | $11K |
| Net Cash from Operating | $831K | -$2.84M | -$3.45M | -$2.1M | -$738K | -$2.47M | $2.91M | -$4.32M | -$3.9M | -$5.42M | $4.99M | -$2.56M | -$554K | $567K | -$1.26M | -$1.92M | -$1.84M | -$1.3M | $2.63M | -$827K | -$905K | -$2.39M | -$280K | -$2.39M | -$2.19M | -$1.88M | -$917K | -$1.15M |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditures | -$64K | -$19K | -$23K | $0 | -$47K | $0 | -$155K | -$7K | $0 | -$64K | -$2.42M | -$30K | -$15K | -$35K | -$28K | -$40K | -$131K | -$209K | -$218K | -$89K | -$493K | -$176K | -$788K | -$1.85M | -$3.92M | -$3.79M | -$267K | -$650K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.24M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$250K | $0 | $0 | $0 | -$149K | $0 | $0 | -$2.11M | -$371K | $0 | $0 | $0 | $0 | $0 | $0 | -$647K | $0 | -$783K | -$2.81M | $0 | $0 | -$472K | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $393K | $0 | $2.46M | $31K | $0 | $359K | $430K | $2.23M | $0 | $0 | $0 | $0 | $0 | $4.82M | $0 | $0 | $0 | $419K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $393K | -$47K | $2.46M | $54K | -$2.11M | $1.87M | $441K | $2.22M | -$1.91M | -$1.44M | -$289K | $660K | -$72K | $1K | $34K | $22K | -$903K | $36K | $27K | $96K | $3.18M | -$65K | -$3.42M | -$801K | -$39K |
| Net Cash from Investing | -$314K | -$19K | -$23K | $393K | -$196K | $2.46M | -$124K | -$2.11M | $2.23M | $377K | -$198K | -$1.94M | -$1.45M | -$324K | $632K | -$759K | $4.69M | -$958K | -$3M | -$992K | -$38K | -$622K | -$691K | $1.34M | -$3.98M | -$7.21M | -$1.07M | -$689K |
| Financing Activities | ||||||||||||||||||||||||||||
| Debt Repaid | $484K | -$3.05M | -$2.39M | $66K | -$607K | $129K | $114K | $28K | $26K | $24K | $6K | - | - | $6K | $7K | $6K | $6K | $8K | $4K | - | -$209K | -$217K | - | $1.73M | $74K | -$1.71M | - | - |
| Common Stock Issuance | $2.06M | $30K | $1.16M | $309K | $49K | $5K | $0 | $6.58M | $1.45M | $357K | $240K | $0 | $0 | $2.06M | $1.06M | $0 | $36K | $0 | $1.62M | $1.82M | $47K | $2.22M | $950K | $0 | $4.96M | $2.3M | $6.52M | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | -$31K | $0 | -$960K | $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 | $0 | $0 |
| Other Financing Activities | $0 | $30K | $26K | $36K | $19K | $5K | $0 | $4K | $21K | $357K | $240K | $2.16M | $770K | $233K | $314K | $39K | $0 | $944K | -$246K | -$312 | $0 | $168K | $438K | $1.73M | $2K | -$26K | $0 | -$161K |
| Net Cash from Financing | $1.58M | $3.08M | $3.58M | $278K | $626K | -$25K | -$990K | $6.56M | $1.45M | $332K | $234K | $2.16M | $770K | $2.29M | $1.37M | $33K | $30K | $936K | $1.2M | $1.81M | $1.58M | $2.39M | $950K | -$1.7M | $4.89M | $3.99M | $6.52M | $6.09M |
| Forex Effect | -$62K | $14K | -$5K | $264 | -$355 | -$84K | -$27 | $18K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$12K | -$161K | $8K | -$10K | $428K | $44K | -$181K | -$37K | -$30K | $0 |
| Net Change in Cash | $2.03M | $235K | $99K | -$1.43M | -$309K | -$120K | $1.8M | $124K | -$231K | -$4.71M | $5.03M | -$2.34M | -$1.24M | $2.53M | $746K | -$2.65M | $2.88M | -$1.32M | $817K | -$173K | $641K | -$633K | $407K | -$2.71M | -$1.46M | -$5.13M | $4.51M | $4.25M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Operating Cash Flow | $831K | -$2.84M | -$3.45M | -$2.1M | -$738K | -$2.47M | $2.91M | -$4.32M | -$3.9M | -$5.42M | $4.99M | -$2.56M | -$554K | $567K | -$1.26M | -$1.92M | -$1.84M | -$1.3M | $2.63M | -$827K | -$905K | -$2.39M | -$280K | -$2.39M | -$2.19M | -$1.88M | -$917K | -$1.15M |
| Capital Expenditure | -$64K | -$19K | -$23K | $0 | -$47K | $0 | -$155K | -$7K | $0 | -$64K | -$2.42M | -$30K | -$15K | -$35K | -$28K | -$40K | -$131K | -$209K | -$218K | -$89K | -$493K | -$176K | -$788K | -$1.85M | -$3.92M | -$3.79M | -$267K | -$650K |
| Free Cash Flow | $767K | -$2.86M | -$3.48M | -$2.1M | -$785K | -$2.47M | $2.76M | -$4.33M | -$3.9M | -$5.49M | $2.58M | -$2.59M | -$568K | $532K | -$1.28M | -$1.96M | -$1.98M | -$1.5M | $2.41M | -$916K | -$1.4M | -$2.57M | -$1.07M | -$4.23M | -$6.1M | -$5.67M | -$1.18M | -$1.8M |
| Cash at Beginning | $522K | $287K | $188K | $1.61M | $1.92M | $2.04M | $243K | $119K | $350K | $5.06M | $36K | $2.37M | $3.61M | $1.08M | $332K | $2.98M | $104K | $1.42M | $603K | $882K | $239K | $880K | $542K | $3.37M | $4.87M | $9.72M | $4.88M | $933K |
| Cash at End | $2.56M | $522K | $287K | $188K | $1.61M | $1.92M | $2.04M | $243K | $119K | $350K | $5.06M | $36K | $2.37M | $3.61M | $1.08M | $332K | $2.98M | $104K | $1.42M | $709K | $879K | $247K | $949K | $658K | $3.41M | $4.58M | $9.38M | $5.18M |