OMNIQ Corp. (OMQS)
OMNIQ Corp., established in 1973 and formerly known as Quest Solution, Inc., is headquartered in Salt Lake City, Utah, and delivers advanced artificial intelligence (AI)-driven solutions across the United States. The company leverages its AI technology for critical functions such as data acquisition, real-time surveillance, and continuous monitoring. These capabilities cater to a broad spectrum of applications, including supply chain management, homeland security, public safety initiatives, traffic and parking administration, and access control systems. OMNIQ offers a comprehensive suite of products and services, encompassing integrated hardware, software platforms, communication systems, and automated management tools, alongside essential technical support. Their portfolio also includes the distribution of various consumables like barcode labels, tags, ribbons, and RFID labels and tags, as well as specialized printing solutions, credit card processing terminals, self-service kiosks, and point-of-care units. Additionally, they provide both pre-packaged and customizable software solutions, and mobile and wireless communication equipment. Among their specialized software offerings are applications designed for efficient order entry, providing immediate access to up-to-date data to streamline operations. An "intelligent" order entry system facilitates the transmission of remote orders from field personnel directly to corporate systems. Their warehouse solutions extend existing IT infrastructure to the warehouse floor and dock doors via portable devices, and they offer dedicated proof-of-delivery features. Furthermore, the "Quest Total Solutions as a Service" presents a mobile offering that bundles hardware, software, and wireless data into a single subscription. A media and label division also supports ongoing data collection through repeatable purchasing activities. OMNIQ's diverse client roster includes various government agencies and leading Fortune 500 corporations across multiple industries, such as healthcare, food and beverage, manufacturing, retail, distribution, and transportation & logistics.
Sector: Services-Computer Integrated Systems Design
Industry: Software - Application
OMNIQ Corp.
OTC:OMQSTechnology · Software - Application
-4.70%$0.0700
Mkt Cap$1.06M
Float11.18M
O/S15.15M
Inst Own-
SI0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$32.95M
Net Income-$137K
Total Assets$26.18M
Free Cash Flow$7.53M
Debt & Equity
Debt 316%
Preferred 0%
Total Debt$18.58M
Total Equity-$12.7M
Preferred Stock$1K
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:5Reverse splitAug 25, 20035 shares → 1
Balance Sheet Details
Assets$26.18M
Liabilities$38.87M
Accounts Receivable$9.54M
Accounts Payable$11.23M
Inventory$3.41M
PP&E (Net)$2.18M
Goodwill$3.34M
Intangible Assets$335K
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2025-12-31 | 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 |
| Revenue | $32.95M | $73.57M | $81.19M | $102.55M | $78.25M | $55.21M | $57.2M | $56.2M | $54.46M | $60.05M | $63.85M | $37.31M | $4K | $1K | $37K | $176K | $275K | $51K | $0 | $0 | $0 | $0 | $0 | $108K | $255K | $0 |
| YoY Growth | -55.2% | -9.4% | -20.8% | 31.0% | 41.7% | -3.5% | 1.8% | 3.2% | -9.3% | -6.0% | 71.1% | 916832.2% | 226.0% | -96.6% | -79.2% | -35.9% | 442.8% | - | - | - | - | - | - | -57.9% | - | - |
| Cost of Revenue | $23.91M | $58.22M | $65.48M | $80.44M | $61.58M | $44.29M | $43.16M | $43.14M | $43.09M | $47.95M | $50.7M | $29.98M | $0 | $0 | $0 | $0 | $0 | $19K | $0 | $0 | $0 | $0 | $0 | $11K | $240K | $0 |
| Gross Profit | $9.04M | $15.36M | $15.71M | $22.1M | $16.67M | $10.92M | $14.03M | $13.06M | $11.37M | $12.09M | $13.16M | $7.33M | $4K | $1K | $37K | $176K | $275K | $32K | $0 | $0 | $0 | $0 | $0 | $96K | $15K | $0 |
| Gross Margin | 27.4% | 20.9% | 19.3% | 21.6% | 21.3% | 19.8% | 24.5% | 23.2% | 20.9% | 20.1% | 20.6% | 19.7% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 62.2% | - | - | - | - | - | 89.7% | 6.0% | - |
| Research and Development | $2.02M | $1.5M | $2.15M | $1.83M | $1.87M | $1.8M | $1.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $9.82M | $19.49M | $22.96M | $27.71M | $21.86M | $15.8M | $14.74M | $14.24M | $10.49M | $11.49M | $12.39M | $7.47M | $997K | $192K | $339K | $599K | $794K | $788K | $6.14M | $288K | $134K | $2.74M | $1.49M | $81K | $71K | $34K |
| Other | $1.04M | $1.28M | $2.1M | $2.12M | $3.41M | $2.29M | $2.15M | $1.84M | $30K | $11K | $2.7M | $26K | $0 | $0 | $3K | $49K | $394K | $44K | -$2.58M | $0 | $0 | $0 | $0 | $0 | $0 | $220 |
| Total Operating Expenses | $12.88M | $22.27M | $41.9M | $31.66M | $27.15M | $19.9M | $16.9M | $16.09M | $12.25M | $13.28M | $15.09M | $7.49M | $997K | $192K | $342K | $647K | $1.19M | $832K | $3.57M | $288K | $134K | $2.74M | $1.49M | $81K | $71K | $34K |
| Operating Income (EBIT) | -$3.85M | -$6.91M | -$11.51M | -$9.55M | -$10.48M | -$8.98M | -$2.86M | -$3.02M | -$878K | -$1.19M | -$1.93M | -$158K | -$992K | -$190K | -$305K | -$471K | -$912K | -$801K | -$6.14M | -$288K | -$134K | -$2.74M | -$1.49M | $15K | -$56K | -$34K |
| Operating Margin | -11.7% | -9.4% | -14.2% | -9.3% | -13.4% | -16.3% | -5.0% | -5.4% | -1.6% | -2.0% | -3.0% | -0.4% | -24390.3% | -15255.1% | -830.2% | -266.8% | -331.1% | -1577.7% | - | - | - | - | - | 14.0% | -21.9% | - |
| Interest Expense | -$1.18M | $3.46M | $3.3M | $3.5M | $2.52M | $2.63M | $2.56M | $1.57M | $1.56M | $4.53M | $1.44M | $872K | $279K | $980 | $0 | $28K | $10K | $0 | $156K | $11K | $2K | $2K | $15K | $69K | $69K | $69K |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $700 |
| Other Income (Expense) | $3.31M | -$3.79M | -$18.56M | -$4.1M | -$2.51M | -$2.52M | -$2.58M | -$2.7M | -$1.55M | -$5.24M | -$1.33M | -$840K | -$129K | -$980 | $4K | $471K | -$12.27M | $65K | -$2.81M | -$11K | -$2K | $0 | $72K | $22K | $15K | $0 |
| Income Before Tax (EBT) | -$533K | -$10.7M | -$30.07M | -$13.65M | -$12.99M | -$11.5M | -$5.44M | -$5.73M | -$2.43M | -$6.42M | -$3.5M | -$998K | -$1.12M | -$191K | -$301K | -$471K | -$12.88M | -$719K | -$8.95M | -$298K | -$136K | $0 | -$1.42M | $37K | -$41K | $0 |
| Income Tax Expense | -$495K | -$698K | -$643K | -$35K | $156K | $5K | $14K | -$505K | $0 | $1.07M | -$1.79M | -$1.3M | $0 | $0 | $0 | $850K | $12.36M | -$144K | $0 | $0 | $0 | $2.74M | -$72K | -$22K | -$16K | $70K |
| Net Income | -$137K | -$10M | -$29.43M | -$13.61M | -$13.14M | -$11.5M | -$5.46M | -$5.22M | -$2.43M | -$14.35M | -$1.72M | $302K | -$1.12M | -$191K | -$301K | -$923K | -$12.88M | -$719K | -$8.95M | -$298K | -$136K | -$2.74M | -$1.43M | -$33K | -$109K | -$104K |
| Net Income Margin | -0.4% | -13.6% | -36.2% | -13.3% | -16.8% | -20.8% | -9.5% | -9.3% | -4.5% | -23.9% | -2.7% | 0.8% | -27556.7% | -15333.7% | -819.5% | -523.4% | -4677.8% | -1417.8% | - | - | - | - | - | -30.5% | -42.8% | - |
| Supplementary Data | ||||||||||||||||||||||||||
| EPS | -0.02 | -0.94 | -3.50 | -1.80 | -2.16 | -2.66 | -1.41 | -2.10 | -0.07 | -7.98 | -0.95 | 0.01 | -0.04 | -0.01 | -0.01 | -0.04 | -0.59 | -0.04 | -390.09 | -1.05 | -30.95 | -1040.95 | -1023.50 | -23.45 | -78.13 | -74.20 |
| Diluted EPS | -0.02 | -0.94 | -3.50 | -1.80 | -2.16 | -2.66 | -1.40 | -2.10 | -0.07 | -7.98 | -0.95 | 0.01 | -0.04 | -0.01 | -0.01 | -0.04 | -0.59 | -0.04 | -390.09 | -1.05 | -30.95 | -1040.95 | -1023.50 | -23.45 | -78.13 | -74.20 |
| Weighted Average OS | 11.21M | 10.70M | 8.41M | 7.58M | 6.08M | 4.32M | 3.88M | 2.48M | 35.81M | 1.76M | 1.81M | 33.60M | 26.40M | 24.19M | 23.73M | 21.54M | 21.77M | 20.07M | 22,951 | 284,926 | 4,394 | 2,636 | 1,399 | 1,399 | 1,399 | 1,399 |
| EBITDA | -$2.5M | -$5.18M | -$23.77M | -$7.03M | -$6.86M | -$6.52M | -$640K | -$2.32M | $884K | $603K | $503K | -$132K | $150K | -$190K | -$299K | -$422K | -$563K | -$691K | -$911K | -$285K | -$134K | -$2.74M | -$1.4M | $106K | $15K | -$56K |
| EBITDA Margin | -7.6% | -7.0% | -29.3% | -6.9% | -8.8% | -11.8% | -1.1% | -4.1% | 1.6% | 1.0% | 0.8% | -0.4% | 3682.9% | -15255.1% | -812.0% | -239.3% | -204.5% | -1362.6% | - | - | - | - | - | 98.6% | 5.9% | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2025-12-31 | 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 |
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash and Cash Equivalents | $679K | $2.35M | $1.68M | $1.31M | $7.08M | $4.59M | $1.61M | $378K | $25K | $289K | $843K | $234K | $13K | $55 | $16 | $372 | $570 | $1K | $0 | $25K | $0 | $0 | -$48K | $4K | $9K | $16K |
| Short-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 | $0 |
| Cash and Short-Term Investments | $679K | $2.35M | $1.68M | $1.31M | $7.08M | $4.59M | $1.61M | $378K | $25K | $289K | $843K | $234K | $13K | $55 | $16 | $372 | $570 | $1K | $0 | $25K | $0 | $0 | -$48K | $4K | $9K | $16K |
| Accounts Receivable | $9.54M | $20.95M | $18.65M | $23.89M | $27.12M | $9.66M | $6.69M | $12.26M | $6.39M | $10.59M | $7.9M | $9.1M | $2K | $0 | $0 | $18K | $57K | $399K | $4K | $8K | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $3.41M | $7.41M | $6.03M | $8.73M | $6.96M | $1.51M | $1.89M | $1.8M | $440K | $532K | $2.73M | $606K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K |
| Other Current Assets | $52K | $96K | $25K | $473K | $9K | $680K | $65K | $78K | $126K | $1.44M | $19.5M | $377K | $102K | $0 | $0 | $0 | $0 | $0 | $500K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $14.46M | $31.88M | $27.35M | $35.67M | $43.16M | $16.44M | $10.63M | $14.69M | $8.14M | $13.12M | $16.96M | $10.51M | $193K | $1K | $16 | $18K | $80K | $431K | $504K | $34K | $0 | $0 | -$48K | $4K | $95K | $20K |
| Long-Term Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $2.18M | $1.8M | $2.93M | $3.39M | $4.68M | $365K | $594K | $389K | $93K | $137K | $1.45M | $207K | $0 | $0 | $0 | $173K | $1.81M | $11.79M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $3.34M | $2.92M | $1.79M | $16.54M | $16.45M | $14.7M | $13.92M | $13.92M | $10.11M | $10.11M | $21.25M | $14.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $335K | $410K | $5.66M | $7.47M | $9.36M | $6.55M | $8.61M | $10.59M | $7.67M | $9.37M | $11.08M | $7.56M | $2.21M | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $533K | $533K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $140K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | -$533K | -$533K | $0 | $0 | $0 | $434K | $1.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $5.86M | $6.58M | $1.76M | $1.74M | $1.43M | $607K | $705K | $563K | $40K | $48K | $689K | $317K | $950 | $0 | $950 | $950 | $449K | $430K | $0 | $0 | $0 | $0 | $62K | $0 | $0 | $0 |
| Total Long-Term Assets | $11.71M | $11.71M | $12.13M | $29.14M | $31.92M | $22.22M | $23.83M | $25.46M | $17.92M | $19.67M | $34.91M | $23.48M | $2.21M | $0 | $950 | $174K | $2.4M | $12.22M | $0 | $3K | $0 | $0 | $62K | $400 | $200 | $300 |
| 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 |
| Total Assets | $26.18M | $43.59M | $39.49M | $64.81M | $75.08M | $38.66M | $34.45M | $40.15M | $26.06M | $32.79M | $51.87M | $33.99M | $2.41M | $1K | $966 | $192K | $2.48M | $12.65M | $504K | $37K | $0 | $0 | $14K | $5K | $95K | $20K |
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payable | $11.23M | $66.1M | $56.74M | $53.7M | $45.55M | $26.81M | $18.69M | $17.48M | $13.24M | $10.57M | $14.36M | $7.41M | $278K | $38K | $40K | $201K | $100K | $46K | $388K | $123K | $104K | $104K | $662K | $10K | $2K | $37K |
| Short-Term Debt | $7.75M | $9.05M | $10.44M | $14.78M | $15.2M | $11.83M | $8.94M | $15.25M | $7.2M | $14.84M | $9.75M | $6.33M | $142K | $0 | $0 | $0 | $0 | $0 | $7K | $120K | $250K | $250K | $0 | $842K | $841K | $842K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.17M | $1.53M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $970K | $6.17M | $0 | $411K | $2.66M | $1.72M | $1.56M | $0 | $761K | $879K | $743K | $1.02M | $0 | $16K | $0 | $0 | $0 | $0 | $642K | $488K | $741K | $434K | $0 | $0 | $107K | $0 |
| Other Current Liabilities | $5.73M | $1.4M | $3.11M | $1.49M | $1.34M | $1.38M | $1.54M | $266K | $121K | $328K | $11.57M | $607K | $32K | -$16K | $0 | $0 | $0 | $38K | $97K | $131K | $98K | $342K | -$52K | -$77K | $0 | $1.07M |
| Total Current Liabilities | $27.7M | $86.32M | $72.7M | $73.54M | $66.1M | $41.77M | $30.79M | $35.17M | $22.89M | $28.45M | $37.06M | $15.6M | $540K | $457 | $265 | $556K | $407K | $319K | $1.13M | $862K | $1.19M | $1.13M | $678K | $2K | $2.24M | $2K |
| Long-Term Liabilities | ||||||||||||||||||||||||||
| Long-Term Debt | $9.22M | $234K | $265K | $55K | $2.94M | $732K | $1.31M | $2.04M | $3.35M | $17.65M | $13.67M | $17.01M | $1.98M | $0 | $0 | $369K | $370K | $0 | $185K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $452K | $565K | $534K | $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 | $165K | $629K | $434K | $30K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $715K | $567K | $525K | $337K | $1.48M | $1.15M | $460K | $643K | $605K | $962K | $272K | $187K | $0 | $0 | $0 | $38K | $10K | $0 | $0 | $0 | $0 | $0 | $68K | $0 | $0 | $0 |
| Total Long-Term Liabilities | $11.17M | $1.15M | $1.8M | $1.8M | $6.69M | $1.93M | $1.85M | $2.69M | $4.41M | $19.17M | $15.29M | $17.19M | $1.98M | $155 | $18K | $407K | $381K | $210K | $185K | $243K | $354K | $354K | $662K | $844 | $985K | $871K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$155K | -$18K | $0 | $0 | -$210K | $0 | -$243K | -$354K | -$354K | -$662K | -$844K | -$985K | -$871K |
| Total Liabilities | $38.87M | $87.48M | $74.51M | $75.34M | $72.78M | $43.7M | $32.65M | $37.86M | $27.3M | $47.62M | $52.34M | $32.8M | $2.51M | $457K | $265K | $963K | $788K | $319K | $1.32M | $862K | $1.19M | $1.13M | $678K | $2.17M | $2.24M | $2.06M |
| Stockholders' Equity | ||||||||||||||||||||||||||
| Preferred Stock | $1K | $1K | $1K | $1K | $1K | $2K | $5K | $5K | $5K | $3K | $5K | $500 | $4K | $500 | $500 | $500 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $15K | $11K | $11K | $8K | $20K | $5K | $4K | $72K | $37K | $35K | $37K | $35K | $35K | $24K | $26K | $33K | $33K | $31K | $9K | $8K | $99 | $53K | $301K | $263K | $263K | $263K |
| Retained Earnings | -$124.05M | -$123.9M | -$113.92M | -$84.46M | -$70.57M | -$56.73M | -$45.06M | -$39.75M | -$35.55M | -$32.94M | -$18.46M | -$16.74M | -$17.04M | -$15.92M | -$15.73M | -$28.73M | -$25.9M | -$13.01M | -$13.37M | -$4.41M | -$4.31M | -$4.18M | -$5.96M | -$5.84M | -$5.8M | -$5.69M |
| Comprehensive Income & Other | -$2.25M | $1.29M | $551K | $211K | -$154K | -$166K | $1K | $881 | -$3.29M | -$3.22M | -$1.96M | -$1.78M | $0 | $0 | $0 | -$24K | $0 | -$654K | $0 | $0 | $0 | $0 | -$1.43M | $0 | $0 | $0 |
| Other Stockholders' Equity | $111.34M | $80M | $78.89M | $73.93M | $70.45M | $51.68M | $46.87M | $41.97M | $34.27M | $18.07M | $17.95M | $17.9M | $16.9M | $15.44M | $15.44M | $27.93M | $27.55M | $25.32M | $12.54M | $3.58M | $3.12M | $2.99M | $4.99M | $3.41M | $3.4M | $3.4M |
| Total Equity | -$12.7M | -$43.89M | -$35.02M | -$10.53M | -$98K | -$5.04M | $1.81M | $2.29M | -$1.25M | -$14.83M | -$471K | $1.19M | -$109K | -$456K | -$265K | -$771K | $1.69M | $12.33M | -$816K | -$825K | -$1.19M | -$1.13M | -$663K | -$2.16M | -$2.15M | -$2.04M |
| Minority Interest | $0 | $0 | $0 | $0 | $2.4M | $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 | $26.18M | $43.59M | $39.49M | $64.81M | $72.69M | $38.66M | $34.45M | $40.15M | $26.06M | $32.79M | $51.87M | $33.99M | $2.41M | $1K | $966 | $192K | $2.48M | $12.65M | $504K | $37K | $0 | $0 | $14K | $5K | $95K | $20K |
| Supplementary Data | ||||||||||||||||||||||||||
| Total Debt | $18.58M | $10.34M | $12.6M | $16.24M | $20.41M | $12.56M | $10.34M | $17.29M | $10.56M | $32.49M | $28.33M | $23.34M | $2.12M | $16K | $16K | $369K | $370K | $0 | $192K | $120K | $250K | $250K | $0 | $842K | $842K | $861K |
| Net Debt | $17.9M | $7.99M | $10.92M | $14.93M | $13.32M | $7.96M | $8.72M | $16.91M | $10.53M | $32.2M | $27.49M | $23.1M | $2.1M | $0 | $0 | $369K | $370K | $0 | $192K | $95K | $250K | $250K | $48K | $841 | $837K | $833K |
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 | 2025-12-31 | 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 |
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | -$137K | -$10M | -$29.43M | -$13.61M | -$13.14M | -$11.5M | -$5.46M | -$5.22M | -$2.43M | -$7.49M | -$1.72M | $302K | -$1.12M | -$191K | -$301K | -$923K | -$12.88M | -$719K | -$8.95M | -$298K | -$136K | -$2.74M | -$1.43M | -$33K | -$109K | -$104K |
| Depreciation & Amortization | $1.34M | $2.06M | $3M | $3.12M | $3.61M | $2.35M | $2.25M | $1.84M | $1.76M | $1.79M | $2.7M | $26K | $992K | $0 | $3K | $49K | $32K | $44K | $74K | $3K | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $450K | $0 | $0 | -$263K | $58K | -$948K | $1.64M | -$552K | $118K | $770K | -$1.79M | -$1.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $82K | $362K | $1.96M | $3.17M | $2.55M | $2.01M | $1.27M | $2.39M | $751K | $374K | $262K | $44K | $500K | $1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||
| Accounts Receivable | $7.91M | -$2.67M | $4.95M | $1.47M | -$3.29M | -$2.95M | $5.57M | -$5.85M | $4.2M | -$2.69M | -$147K | -$2.79M | -$2K | $0 | $12K | $5K | -$57K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $3.5M | -$1.43M | $2.4M | -$2.49M | -$538K | $381K | -$178K | -$429K | -$26K | -$60K | -$538K | $373K | $0 | $0 | $0 | $1K | $10K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$2.84M | $9.46M | $2.73M | $10.83M | $8.35M | $8.06M | $2.01M | $8.11M | $2.67M | $9.57M | $5.66M | $2.86M | $0 | -$2K | -$278K | $32K | $59K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$2.36M | $4.58M | -$159K | -$1.69M | -$904K | $543K | -$1.2M | $1.13M | $413K | $361K | $1.41M | -$45K | $298K | $193K | -$17K | -$862 | $394K | $153K | $425K | $11K | $41K | $323K | $620K | $0 | $0 | $0 |
| Total Working Capital Change | $6.21M | $9.94M | $9.92M | $8.12M | $3.62M | $6.03M | $6.2M | $2.96M | $7.26M | $7.19M | $6.38M | $396K | $296K | $192K | -$283K | $38K | $405K | $153K | $425K | $11K | $41K | $323K | $620K | $19K | $98K | $69K |
| Other Non-Cash Items | -$450K | -$2.14M | $14.73M | $666K | $130K | $1.64M | -$1.64M | $1.28M | $27K | $3.02M | $1.21M | $1.15M | -$677K | $0 | $581K | $412K | $12.18M | $449K | $7.98M | $20K | $0 | $1.95M | $36K | $10K | $4K | $0 |
| Net Cash from Operating | $7.5M | $2.37M | $170K | $1.2M | -$3.17M | -$420K | $4.25M | $2.7M | $7.49M | $5.65M | $7.06M | $619K | -$9K | $2K | -$356 | -$425K | -$262K | -$74K | -$477K | -$265K | -$95K | -$473K | -$775K | -$4K | -$7K | -$35K |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | $26K | -$42K | -$479K | -$451K | -$299K | -$4K | -$134K | -$29K | -$17K | -$17K | $0 | -$183K | $0 | $0 | $0 | $0 | -$14K | $0 | $0 | -$5K | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | -$3.52M | -$9M | $0 | $0 | -$23K | $0 | $577K | -$157K | $2.03M | $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 | -$98K | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $0 | $0 |
| Other Investing Activities | -$3.08M | $10K | $148K | -$185K | $68K | $98K | -$117K | $203K | -$19K | $26K | -$960K | $490K | -$89K | $0 | $0 | $365K | $0 | $0 | $0 | -$83K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$3.05M | -$32K | -$331K | -$4.15M | -$9.23M | $94K | -$251K | $151K | -$37K | $585K | -$1.12M | $2.33M | -$89K | $0 | $0 | $365K | -$112K | $0 | $0 | -$88K | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||||||||||||||
| Debt Repaid | $3.35M | $3.17M | $1.05M | -$2.25M | $9K | $125K | $3.37M | $3.33M | $6.35M | $3.48M | $6.98M | $4.52M | -$21K | - | - | -$60K | $964 | -$70K | -$973K | -$120K | $20K | -$250K | - | - | - | - |
| Common Stock Issuance | $941K | $12K | $2.41M | $184K | $13.3M | $1K | $3.77M | $11K | $27K | $20K | $200K | $25K | $0 | $0 | $0 | $0 | -$12K | $12K | $13K | $200K | $0 | $453K | $727K | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | -$184K | $0 | $0 | $0 | $0 | $0 | -$750K | $0 | $0 | $0 | -$2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | -$23K | $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 | $7K | $23K | $221K | -$1.26M | $148K | $1K | $1K | -$100K | $0 | -$65K | $700K | $0 | $0 | $0 | $0 | $0 | $391K | $0 | -$534K | $58K | $115K | -$28K | $0 | $0 | $0 | $0 |
| Net Cash from Financing | -$1.73M | -$2.87M | -$50K | -$3.06M | $14.47M | $3.42M | -$2.77M | -$2.56M | -$7.72M | -$2.18M | -$5.33M | -$2.73M | $111K | -$2K | $0 | $60K | $374K | $75K | $452K | $378K | $95K | $453K | $727K | $0 | $0 | $0 |
| Forex Effect | -$4.39M | $1.21M | $578K | $234K | -$105K | -$120K | $0 | $61K | $0 | -$4.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$1.67M | $671K | $367K | -$5.77M | $1.96M | $2.98M | $1.24M | $353K | -$265K | -$534K | $609K | $220K | $13K | $39 | -$356 | -$199 | -$730 | $1K | -$25K | $25K | $0 | -$20K | -$48K | -$4K | -$7K | -$35K |
| Supplementary Data | ||||||||||||||||||||||||||
| Operating Cash Flow | $7.5M | $2.37M | $170K | $1.2M | -$3.17M | -$420K | $4.25M | $2.7M | $7.49M | $5.65M | $7.06M | $619K | -$9K | $2K | -$356 | -$425K | -$262K | -$74K | -$477K | -$265K | -$95K | -$473K | -$775K | -$4K | -$7K | -$35K |
| Capital Expenditure | $26K | -$42K | -$479K | -$451K | -$299K | -$4K | -$134K | -$29K | -$17K | -$17K | $0 | -$183K | $0 | $0 | $0 | $0 | -$14K | $0 | $0 | -$5K | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $7.53M | $2.33M | -$309K | $752K | -$3.47M | -$424K | $4.12M | $2.67M | $7.47M | $5.64M | $7.06M | $436K | -$9K | $2K | -$356 | -$425K | -$276K | -$74K | -$477K | -$270K | -$95K | -$473K | -$775K | -$4K | -$7K | -$35K |
| Cash at Beginning | $2.35M | $1.68M | $1.31M | $7.08M | $5.13M | $1.61M | $378K | $25K | $289K | $823K | $234K | $13K | $55 | $16 | $372 | $571 | $1K | $0 | $25K | $0 | $0 | $0 | $0 | $9K | $16K | $51K |
| Cash at End | $679K | $2.35M | $1.68M | $1.31M | $7.08M | $4.59M | $1.61M | $378K | $25K | $289K | $843K | $234K | $13K | $55 | $16 | $372 | $570 | $1K | $0 | $25K | $0 | -$20K | -$48K | $4K | $9K | $16K |