ORIGINCLEAR, INC. (OCLN)
OriginClear, Inc. delivers water treatment solutions across the globe. The company licenses its innovative Electro Water Separation technology, which employs a catalytic process to concentrate and remove suspended solids found in commercial and industrial wastewater. Additionally, they utilize Advanced Oxidation technology to effectively reduce or eliminate dissolved organic microtoxins. Beyond technology licensing, OriginClear designs and manufactures a diverse range of water treatment systems catering to municipal, industrial, and pure water requirements. Their service offerings encompass maintenance agreements, system retrofits, and replacement support. They also provide equipment rental options for varying contract lengths, alongside prefabricated products for water transport and treatment. Founded in 2007 and based in Clearwater, Florida, the company adopted its current name, OriginClear, Inc., in April 2015, having previously operated as OriginOil, Inc.
Sector: Special Industry Machinery, NEC
Industry: Waste Management
OriginClear, Inc.
OTC:OCLNIndustrials · Waste Management
Mkt Cap$4.87M
Float15.36B
O/S16.23B
Inst Own0.0%
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$6.82M
Net Income-$18.32M
Total Assets$5.75M
Free Cash Flow-$3.62M
Debt & Equity
Total Debt$3.83M
Total Equity-$22.69M
Preferred Stock$7.42M
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse
- 1:2,000Reverse splitOct 25, 20192,000 shares → 1
- 1:35Reverse splitApr 12, 201735 shares → 1
Balance Sheet Details
Assets$5.75M
Liabilities$26.71M
Accounts Receivable$4.31M
Accounts Payable$1.69M
Inventory$0
PP&E (Net)$548K
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Revenue | $6.82M | $5.54M | $6.71M | $26K | $4.14M | $4.1M | $3.59M | $4.64M | $3.36M | $5.07M | $954K | $166K | $141K | $588K | $180K | $46K | $0 | $0 | $0 |
| YoY Growth | 23.0% | -17.4% | 25413.5% | -99.4% | 1.0% | 14.3% | -22.6% | 38.2% | -33.8% | 431.3% | 474.3% | 18.3% | -76.1% | 226.8% | 295.6% | - | - | - | - |
| Cost of Revenue | $5.2M | $4.57M | $6.08M | $30K | $3.57M | $3.49M | $3.22M | $3.48M | $2.71M | $3.59M | $842K | $107K | $51K | $402K | $57K | $0 | $0 | $0 | $0 |
| Gross Profit | $1.62M | $973K | $626K | $26K | $570K | $612K | $371K | $1.15M | $650K | $1.48M | $113K | $59K | $90K | $187K | $123K | $46K | $0 | $0 | $0 |
| Gross Margin | 23.8% | 17.6% | 9.3% | 100.0% | 13.7% | 14.9% | 10.3% | 24.9% | 19.4% | 29.2% | 11.8% | 35.7% | 64.0% | 31.7% | 68.3% | 100.0% | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $110K | $107K | $291K | $197K | $502K | $814K | $1.28M | $1.07M | $980K | $1.15M | $662K | $732K | $259K | $1K |
| Selling, General, and Administrative | $4.94M | $8.1M | $5.4M | $5.83M | $6.45M | $5.16M | $4.13M | $4.87M | $5.01M | $4.52M | $6.24M | $5.74M | $5.23M | $4.94M | $4.21M | $3.81M | $4.13M | $1.26M | $456K |
| Other | $0 | $0 | $1.85M | $144K | $45K | $53K | $44K | $57K | -$812K | $45K | $23K | $17K | $15K | $14K | $11K | $46K | $0 | $13K | $0 |
| Total Operating Expenses | $4.94M | $8.1M | $7.25M | $5.98M | $6.5M | $5.32M | $4.28M | $5.22M | $5.26M | $5.07M | $7.08M | $7.04M | $6.32M | $5.94M | $5.37M | $4.52M | $4.86M | $1.53M | $457K |
| Operating Income (EBIT) | -$3.32M | -$7.13M | -$6.62M | -$5.95M | -$5.93M | -$4.71M | -$3.91M | -$4.06M | -$5.29M | -$3.59M | -$6.97M | -$6.98M | -$6.49M | -$5.75M | -$5.25M | -$4.48M | -$4.92M | -$1.53M | -$457K |
| Operating Margin | -48.7% | -128.6% | -98.7% | -22638.1% | -143.1% | -114.9% | -108.9% | -87.6% | -157.7% | -70.8% | -729.9% | -4201.1% | -4622.1% | -977.6% | -2915.6% | -9840.5% | - | - | - |
| Interest Expense | $1.34M | $2.73M | $806K | $902K | $1.23M | $1.27M | $883K | $1.65M | $726K | $841K | $1.62M | $2.33M | $1.88M | $2.44M | $844K | $0 | $0 | $0 | $375 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6 | $29 | $4K | $10K |
| Other Income (Expense) | -$10.7M | -$11.85M | -$5M | -$4.51M | $3.93M | $17.97M | -$23.57M | -$7.28M | $62K | -$556K | -$4.65M | -$4.16M | -$2.27M | -$4.82M | -$401K | -$2K | $842 | $24K | $2K |
| Income Before Tax (EBT) | -$14.02M | -$18.97M | -$11.63M | -$10.47M | -$2.12M | $13.26M | -$27.47M | -$11.35M | -$5.23M | -$4.15M | -$11.62M | -$11.14M | -$8.76M | -$10.57M | -$5.65M | -$4.48M | -$4.92M | -$1.51M | -$455K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $800 | -$842 | -$28K | -$9K |
| Net Income | -$18.32M | -$18.97M | -$11.63M | -$10.79M | -$2.12M | $13.26M | -$27.47M | -$11.35M | -$5.23M | -$4.15M | -$11.62M | -$11.14M | -$8.76M | -$10.57M | -$5.65M | -$4.48M | -$4.92M | -$1.51M | -$446K |
| Net Income Margin | -268.7% | -342.3% | -173.3% | -41042.9% | -51.1% | 323.4% | -765.7% | -244.7% | -155.9% | -81.8% | -1216.9% | -6702.4% | -6237.0% | -1797.1% | -3138.3% | -9847.5% | - | - | - |
| Supplementary Data | |||||||||||||||||||
| EPS | -0.00 | -0.01 | -0.01 | -0.02 | -0.02 | 0.64 | -12.66 | -50.93 | -196.31 | -664.93 | -5094.33 | -10500.16 | -11439.94 | -41289.18 | -51826.08 | -51501.15 | -65534.28 | -22151.15 | -6560.16 |
| Diluted EPS | -0.00 | -0.01 | -0.01 | -0.02 | -0.02 | 0.04 | -12.66 | -50.93 | -196.31 | -660.00 | -5094.33 | -10500.16 | -11439.94 | -41289.18 | -51826.08 | -51501.15 | -65534.28 | -22151.15 | -6560.16 |
| Weighted Average OS | 12.12B | 1.58B | 1.29B | 679.05M | 180.50M | 20.65M | 2.17M | 223,334 | 26,651 | 6,235 | 2,280 | 1,070 | 766 | 115 | 100 | 80 | 75 | 68 | 68 |
| EBITDA | -$12.66M | -$16.16M | -$9.62M | -$9.53M | -$845K | $14.58M | -$26.7M | -$9.64M | -$4.45M | -$3.26M | -$9.97M | -$8.79M | -$6.87M | -$8.11M | -$4.79M | -$4.43M | -$4.86M | -$1.54M | -$446K |
| EBITDA Margin | -185.8% | -291.7% | -143.4% | -36227.9% | -20.4% | 355.6% | -744.0% | -208.0% | -132.7% | -64.3% | -1044.8% | -5289.0% | -4888.3% | -1379.0% | -2663.3% | -9741.1% | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Assets | |||||||||||||||||||
| Current Assets | |||||||||||||||||||
| Cash and Cash Equivalents | $828K | $551K | $115K | $636K | $141K | $410K | $491K | $609K | $440K | $351K | $695K | $198K | $821K | $507K | $198K | $238K | $356K | $580K | $1.27M |
| Short-Term Investments | $660 | $32K | $36K | $27K | $199K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $829K | $583K | $151K | $818K | $340K | $410K | $491K | $609K | $440K | $351K | $695K | $198K | $821K | $507K | $198K | $238K | $356K | $580K | $1.27M |
| Accounts Receivable | $4.31M | $3.75M | $1.96M | $3.96M | $2.53M | $591K | $670K | $505K | $579K | $383K | $1.18M | $0 | $0 | $26K | $18K | $14K | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | -$1.51M | $3K | $0 | -$147K | $14K | $98K | $86K | $95K | $87K | $21K | $36K | $248K | $0 | $0 | $0 | $0 |
| Other Current Assets | $34K | $453K | $374K | $2.07M | $565K | $7K | $147K | $0 | $0 | $48K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $5.18M | $4.33M | $2.49M | $5.37M | $3.45M | $1.06M | $1.21M | $1.17M | $1.18M | $910K | $2M | $332K | $877K | $756K | $764K | $339K | $389K | $597K | $1.27M |
| Long-Term Assets | |||||||||||||||||||
| Property, Plant & Equipment Net | $548K | $636K | $147K | $177K | $213K | $258K | $117K | $154K | $151K | $162K | $197K | $79K | $74K | $43K | $55K | $35K | $77K | $128K | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $682K | $487K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $4K | $4K | $4K | $4K | $4K | $4K | $4K | $4K | $4K | $4K | $4K | $322K | $185K | $89K | $50K | $30K | $8K |
| Long-Term Investments | $3K | $3K | $102K | $402K | $18K | $8K | $10K | $23K | $0 | -$12.84M | $0 | $0 | $0 | $20K | $30K | $10K | $10K | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | -$12K | $0 | $0 | $0 | $12.84M | $0 | $0 | $0 | $0 | -$55K | -$35K | -$77K | $0 | $0 |
| Other Long-Term Assets | $18K | $19K | $400K | $400K | $514K | $12K | $4K | $4K | $23K | $23K | $29K | $47K | $50K | $10K | $55K | $35K | $77K | $10K | $650 |
| Total Long-Term Assets | $569K | $659K | $653K | $984K | $749K | $271K | $135K | $185K | $178K | $872K | $718K | $131K | $128K | $395K | $270K | $134K | $136K | $168K | $9K |
| Other Assets | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $5.75M | $4.99M | $3.14M | $6.35M | $4.2M | $1.33M | $1.34M | $1.36M | $1.36M | $1.78M | $2.72M | $463K | $1.01M | $1.15M | $1.03M | $473K | $526K | $765K | $1.28M |
| Liabilities | |||||||||||||||||||
| Current Liabilities | |||||||||||||||||||
| Accounts Payable | $1.69M | $2.01M | $647K | $791K | $1.45M | $1.3M | $1.14M | $988K | $828K | $480K | $604K | $203K | $115K | $353K | $342K | $56K | $1K | $18K | $15K |
| Short-Term Debt | $1.31M | $22.7M | $20.03M | $2.57M | $3.25M | $2.17M | $3.49M | $2.27M | $778K | $1.94M | $4.28M | $3.09M | $954K | $607K | $411K | $0 | $470 | $2K | $159 |
| Current Income Tax Payable | $0 | $14K | $0 | $16K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $4.93M | $3.47M | $1.49M | $1.08M | $2.03M | $487K | $565K | $234K | $283K | $114K | $264K | $48K | $50K | $377K | $313K | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $13.01M | $24.36M | $9.7M | $14M | $7.65M | $16.99M | $33.43M | $9.38M | $5.55M | $8.72M | $9.84M | $4.05M | $1.03M | $356K | -$535K | $0 | $0 | $28K | $358 |
| Total Current Liabilities | $24.21M | $49.77M | $34.74M | $19.61M | $16.28M | $22.76M | $39.81M | $14.06M | $8.37M | $11.97M | $15.48M | $7.66M | $2.41M | $1.69M | $1.83M | $112K | $56K | $70K | $30K |
| Long-Term Liabilities | |||||||||||||||||||
| Long-Term Debt | $2.02M | $2.02M | $145K | $1.89M | $62K | $1.88M | $553K | $2.15M | $2.82M | $1.61M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$14.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $7.56M | $0 | $10.87M | $10.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $106K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $2.5M | $10.08M | $145K | $12.76M | $10.25M | $1.89M | $570K | $2.18M | $2.82M | $1.61M | $0 | $0 | $106K | $1.17M | $1.18M | $55K | $54.33M | $53K | $0 |
| Other Liabilities | $0 | -$7.56M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.17M | -$1.18M | -$55K | -$54.33B | -$53K | $0 |
| Total Liabilities | $26.71M | $52.29M | $34.88M | $32.37M | $26.52M | $24.64M | $40.38M | $16.24M | $11.19M | $13.58M | $15.48M | $7.66M | $2.52M | $1.69M | $1.83M | $112K | $56K | $70K | $30K |
| Stockholders' Equity | |||||||||||||||||||
| Preferred Stock | $7.42M | $3K | $3K | $3K | $3K | $6.33M | $3.5M | $1.75M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.56M | $167K | $140K | $101K | $31K | $7K | $486 | $175K | $11K | $75K | $23K | $10K | $5K | $2K | $770 | $18K | $177K | $14K | $14K |
| Retained Earnings | -$155.71M | -$137.39M | -$119.22M | -$108.97M | -$98.18M | -$94.02M | -$107.28M | -$79.81M | -$68.46M | -$63.23M | -$59.08M | -$47.47M | -$36.33M | -$27.57M | -$17M | -$11.35M | -$6.87M | -$1.95M | -$446K |
| Comprehensive Income & Other | $80K | -$132 | $100K | $100K | -$132 | $100K | -$134 | -$134 | -$134 | -$92 | -$47 | -$172K | -$155K | -$140K | -$126K | -$115K | -$69K | -$13K | $0 |
| Other Stockholders' Equity | $131.46M | $85.4M | $89.58M | $82.85M | $75.82M | $70.7M | $68.25M | $64.75M | $58.62M | $51.36M | $46.31M | $40.26M | $34.81M | $27.02M | $16.2M | $11.69M | $7.16M | $2.63M | $1.68M |
| Total Equity | -$22.69M | -$51.82M | -$29.5M | -$26.02M | -$22.32M | -$23.31M | -$39.03M | -$14.88M | -$9.83M | -$11.8M | -$12.75M | -$7.2M | -$1.51M | -$541K | -$798K | $361K | $470K | $694K | $1.25M |
| Minority Interest | $1.73M | -$3.03M | -$2.24M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $4.02M | $466K | $5.38M | $6.35M | $4.2M | $1.33M | $1.34M | $1.36M | $1.36M | $1.78M | $2.72M | $463K | $1.01M | $1.15M | $1.03M | $473K | $526K | $765K | $1.28M |
| Supplementary Data | |||||||||||||||||||
| Total Debt | $3.83M | $25.31M | $20.17M | $3.62M | $3.32M | $4.06M | $4.07M | $4.46M | $3.59M | $3.55M | $4.28M | $3.09M | $954K | $607K | $411K | $0 | $470 | $2K | $159 |
| Net Debt | $3M | $24.76M | $3.1M | $3.82M | $3.18M | $3.65M | $3.58M | $3.85M | $3.15M | $3.2M | $3.58M | $2.89M | $133K | $99K | $213K | -$238K | -$356K | -$578K | -$1.27M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Operating Activities | |||||||||||||||||||
| Net Income | -$13.56M | -$18.97M | $3.31M | -$10.79M | -$2.12M | $13.26M | -$27.47M | -$11.35M | -$5.23M | -$4.15M | -$11.62M | -$11.14M | -$8.76M | -$10.57M | -$5.65M | -$4.48M | -$4.92M | -$1.51M | -$446K |
| Depreciation & Amortization | $22K | $81K | $30K | $40K | $45K | $52K | $43K | $57K | $53K | $45K | $23K | $17K | $15K | $14K | $11K | $46K | $56K | $13K | $0 |
| Deferred Income Tax | $0 | $0 | $0 | -$1.43M | -$5.93M | -$439K | -$706K | $0 | -$1.65M | -$1.74M | $2.84M | $1.7M | -$2.07M | $2.41M | $5.65M | $0 | -$2.21M | $0 | $0 |
| Stock-Based Compensation | $172K | $1.44M | $577K | $1.43M | $112K | $439K | $706K | $51K | $89K | $533K | $1.74M | $197K | $346K | $739K | $934K | $1.28M | $2.21M | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||
| Accounts Receivable | -$838K | -$1.78M | $1.99M | -$328K | -$1.71M | $84K | -$214K | $151K | -$108K | $683K | -$93K | $127K | $248K | -$25K | $142 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $3K | -$3K | -$1K | $11K | $84K | -$12K | $9K | -$8K | -$66K | $15K | $213K | -$248K | $0 | $0 | $0 | $0 |
| Accounts Payable | -$50K | $26K | -$1.78M | $2.35M | $160K | $83K | $168K | $124K | $466K | $307K | $653K | $472K | $52K | $11K | $262K | $55K | -$16K | $18K | $0 |
| Other Working Capital | $1.32M | $5.14M | $1.76M | -$1.84M | $1.63M | $378K | $543K | $286K | $338K | -$447K | $728K | -$527 | $55K | $136K | $313K | $153K | -$14K | -$3K | $21K |
| Total Working Capital Change | $433K | $3.38M | $1.97M | $189K | -$147K | $421K | $508K | $645K | $685K | $553K | $1.28M | $532K | $370K | $334K | $327K | $208K | -$31K | $15K | $21K |
| Other Non-Cash Items | $9.34M | $10.5M | -$11.39M | $5.91M | $3.2M | -$17.71M | $23.7M | $7.14M | $4.29M | $3.15M | $2.72M | $4.24M | $5.61M | $3.97M | -$5M | $221K | $2.21M | $0 | $5K |
| Net Cash from Operating | -$3.59M | -$3.57M | -$5.51M | -$4.65M | -$4.84M | -$3.98M | -$3.22M | -$3.45M | -$1.77M | -$1.6M | -$3.01M | -$4.46M | -$4.49M | -$3.1M | -$3.73M | -$2.73M | -$2.68M | -$1.48M | -$419K |
| Investing Activities | |||||||||||||||||||
| Capital Expenditures | -$35K | -$14K | -$18K | -$22K | -$18K | -$14K | -$6K | -$17K | -$41K | -$10K | -$114K | -$14K | -$46K | -$173K | -$128K | -$43K | -$25K | -$163K | $0 |
| Acquisitions | $0 | $0 | $0 | -$400K | $0 | $0 | $0 | $2K | $0 | $0 | $451K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | -$400K | $0 | $0 | $0 | -$100K | $0 | $0 | $0 | $0 | $0 | $0 | -$20K | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $400K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | -$2.28M | -$3.73M | -$737K | $0 | $0 | $0 | -$78K | $0 | $0 | $9K | $7K | $0 | -$171K | -$96K | -$39K | -$19.81B | -$22K | $0 |
| Net Cash from Investing | -$35K | -$2.29M | -$3.75M | -$1.16M | -$18K | -$14K | -$6K | -$195K | -$41K | -$10K | $347K | -$7K | -$46K | -$173K | -$148K | -$43K | -$25K | -$163K | $0 |
| Financing Activities | |||||||||||||||||||
| Debt Repaid | -$324K | -$2.77M | -$6.92M | -$1.34M | -$36K | -$319K | $194K | -$1.1M | -$225K | - | - | - | $10K | - | - | - | - | - | - |
| Common Stock Issuance | $1.58M | $1.34M | $60K | $5.06M | $5.24M | $3.43M | $706K | $2.25M | $1.65M | $1.14M | $1.35M | $750K | $2.46M | $1.58M | $2.58M | $2.63M | $2.48M | $954K | $1.69M |
| Common Stock Repurchases | $0 | $0 | $0 | -$11K | -$25K | $0 | -$65K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | -$66K | -$108K | -$59K | -$100K | -$164K | -$40K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $175K | $868K | $574K | $118K | $251K | $328K | $81K | $0 | $16K | $0 | $0 | $0 | $0 | $0 | $0 | $20K | $0 | $0 | $0 |
| Net Cash from Financing | $4.08M | $5.92M | $8.39M | $6.46M | $5.15M | $3.92M | $3.11M | $3.82M | $1.9M | $1.27M | $3.16M | $3.84M | $4.85M | $3.58M | $3.84M | $2.65M | $2.48M | $954K | $1.69M |
| Forex Effect | -$179K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$42 | -$45 | $47 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $277K | $62K | -$866K | $648K | $290K | -$74K | -$119K | $169K | $89K | -$344K | $497K | -$623K | $314K | $309K | -$41K | -$118K | -$224K | -$688K | $1.27M |
| Supplementary Data | |||||||||||||||||||
| Operating Cash Flow | -$3.59M | -$3.57M | -$5.51M | -$4.65M | -$4.84M | -$3.98M | -$3.22M | -$3.45M | -$1.77M | -$1.6M | -$3.01M | -$4.46M | -$4.49M | -$3.1M | -$3.73M | -$2.73M | -$2.68M | -$1.48M | -$419K |
| Capital Expenditure | -$35K | -$14K | -$18K | -$22K | -$18K | -$14K | -$6K | -$17K | -$41K | -$10K | -$114K | -$14K | -$46K | -$173K | -$128K | -$43K | -$25K | -$163K | $0 |
| Free Cash Flow | -$3.62M | -$3.58M | -$5.53M | -$4.67M | -$4.86M | -$3.99M | -$3.23M | -$3.47M | -$1.81M | -$1.61M | -$3.12M | -$4.47M | -$4.53M | -$3.28M | -$3.86M | -$2.77M | -$2.7M | -$1.64M | -$419K |
| Cash at Beginning | $551K | $489K | $1.35M | $706K | $416K | $491K | $609K | $440K | $351K | $695K | $198K | $821K | $507K | $198K | $238K | $356K | $580K | $1.27M | $0 |
| Cash at End | $828K | $551K | $489K | $1.35M | $706K | $416K | $491K | $609K | $440K | $351K | $695K | $198K | $821K | $507K | $198K | $238K | $356K | $580K | $1.27M |