Pharma-Bio Serv, Inc. (PBSV)
Pharma-Bio Serv, Inc. functions as a specialized consulting firm, providing services focused on regulatory compliance and the transfer of technology. The company offers its compliance expertise to a diverse range of clients, including those in the pharmaceutical, chemical, biotechnology, medical device, cosmetic, and food industries, as well as related product companies. Its operational reach extends across Puerto Rico, the United States, Europe, and Brazil. The firm's technical advisory offerings encompass vital areas such as regulatory adherence, system validation, technology migration, engineering solutions, comprehensive project management, and ongoing process support. Established in 1993, Pharma-Bio Serv maintains its corporate headquarters in Dorado, Puerto Rico.
Sector: Services-Management Consulting Services
Industry: Specialty Business Services
Pharma-Bio Serv, Inc.
OTC:PBSVHealthcare · Medical - Healthcare Information Services
+0.00%$0.4500
Mkt Cap$10.31M
Float8.03M
O/S22.9M
Inst Own-
SI<0.1%
Div Yield16.67%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$9M
Net Income-$100K
Total Assets$13.65M
Free Cash Flow-$222K
Debt & Equity
Debt 0%
Equity 100%
Total Debt$29K
Total Equity$11.91M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in PBSV's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$13.65M
Liabilities$1.74M
Accounts Receivable$2.36M
Accounts Payable$991K
Inventory$0
PP&E (Net)$145K
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 | 2011-10-31 | 2010-10-31 | 2009-10-31 | 2008-10-31 | 2007-10-31 | 2006-10-31 | 2005-10-31 |
| Revenue | $9M | $9.51M | $16.98M | $19.4M | $20.12M | $21.56M | $19.51M | $17.8M | $15.58M | $19.54M | $23.38M | $27.56M | $33.06M | $29.23M | $19.93M | $11.35M | $11.48M | $15.2M | $16.2M | $14.23M | $10K |
| YoY Growth | -5.3% | -44.0% | -12.5% | -3.6% | -6.7% | 10.5% | 9.6% | 14.2% | -20.3% | -16.5% | -15.1% | -16.7% | 13.1% | 46.6% | 75.7% | -1.2% | -24.5% | -6.2% | 13.9% | 142198.3% | - |
| Cost of Revenue | $6.09M | $6.99M | $11.91M | $14.52M | $14.76M | $14.9M | $13.33M | $12.11M | $11.97M | $13.75M | $15.9M | $18.58M | $21.23M | $19.36M | $13.07M | $7.95M | $7.64M | $9.41M | $9.38M | $8.12M | $0 |
| Gross Profit | $2.91M | $2.52M | $5.07M | $4.88M | $5.36M | $6.67M | $6.18M | $5.69M | $3.61M | $5.78M | $7.48M | $8.97M | $11.83M | $9.87M | $6.86M | $3.39M | $3.84M | $5.79M | $6.82M | $6.11M | $10K |
| Gross Margin | 32.3% | 26.5% | 29.8% | 25.2% | 26.6% | 30.9% | 31.7% | 32.0% | 23.2% | 29.6% | 32.0% | 32.6% | 35.8% | 33.8% | 34.4% | 29.9% | 33.4% | 38.1% | 42.1% | 43.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $3.55M | $3.8M | $3.95M | $3.71M | $9.21M | $4.44M | $4.48M | $4.6M | $5.04M | $5.87M | $5.7M | $6.11M | $5.76M | $4.14M | $3.41M | $2.78M | $2.92M | $3.14M | $3.18M | $2.03M | $40K |
| Other | $0 | $0 | $0 | $13K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $195K | $0 |
| Total Operating Expenses | $3.55M | $3.8M | $3.95M | $3.71M | $9.21M | $4.44M | $4.48M | $4.6M | $5.04M | $5.87M | $5.7M | $6.11M | $5.76M | $4.14M | $3.41M | $2.78M | $2.92M | $3.14M | $3.18M | $2.23M | $40K |
| Operating Income (EBIT) | -$638K | -$1.29M | $1.12M | $1.17M | -$3.85M | $2.23M | $1.7M | $1.09M | -$1.43M | -$92K | $1.78M | $2.86M | $6.07M | $5.73M | $3.45M | $610K | $915K | $2.65M | $3.65M | $3.89M | -$20K |
| Operating Margin | -7.1% | -13.5% | 6.6% | 6.1% | -19.2% | 10.3% | 8.7% | 6.1% | -9.1% | -0.5% | 7.6% | 10.4% | 18.4% | 19.6% | 17.3% | 5.4% | 8.0% | 17.5% | 22.5% | 27.3% | -200.0% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $224K | $7K | $7K | $7K | $7K | $7K | $6K | $52K | $145K | $336K | $393K | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19K | $5K | $10K | $11K | $20K | $15K | $27K | $0 | $107.5M | $0 | $0 |
| Other Income (Expense) | $543K | $532K | $570K | $13K | $1.98M | $64K | $527K | $436K | $44K | -$112K | $11K | $14K | $5K | $22K | $12K | $11K | -$19K | -$145K | -$310K | -$393K | $0 |
| Income Before Tax (EBT) | -$94K | -$755K | $1.69M | $1.19M | -$1.88M | $2.29M | $2.22M | $1.52M | -$1.41M | -$204K | $1.79M | $2.88M | $6.08M | $5.76M | $3.46M | $621K | $896K | $2.51M | $3.34M | $3.5M | -$20K |
| Income Tax Expense | $6K | $22K | $377K | $182K | $213K | $239K | $136K | $2.79M | $4K | $53K | $168K | $465K | $1.17M | $1.07M | $305K | $249K | $361K | $1.02M | $1.44M | $1.16M | $0 |
| Net Income | -$100K | -$778K | $1.31M | $1.01M | -$2.09M | $2.05M | $2.09M | $1.28M | -$1.41M | -$257K | $1.62M | $2.41M | $4.91M | $4.69M | $3.16M | $372K | $535K | $1.49M | $1.9M | $2.34M | -$20K |
| Net Income Margin | -1.1% | -8.2% | 7.7% | 5.2% | -10.4% | 9.5% | 10.7% | 7.2% | -9.1% | -1.3% | 6.9% | 8.8% | 14.8% | 16.0% | 15.8% | 3.3% | 4.7% | 9.8% | 11.7% | 16.4% | -200.0% |
| Supplementary Data | |||||||||||||||||||||
| EPS | -0.00 | -0.03 | 0.06 | 0.04 | -0.09 | 0.09 | 0.09 | 0.06 | -0.06 | -0.01 | 0.07 | 0.11 | 0.22 | 0.23 | 0.15 | 0.02 | 0.03 | 0.07 | 0.10 | 0.22 | -0.07 |
| Diluted EPS | -0.00 | -0.03 | 0.06 | 0.04 | -0.09 | 0.09 | 0.09 | 0.06 | -0.06 | -0.01 | 0.07 | 0.10 | 0.21 | 0.20 | 0.14 | 0.02 | 0.02 | 0.07 | 0.09 | 0.13 | -0.07 |
| Weighted Average OS | 22.95M | 22.97M | 22.97M | 23.00M | 23.03M | 23.00M | 23.05M | 23.08M | 23.10M | 23.02M | 23.07M | 22.98M | 22.20M | 20.76M | 20.75M | 20.75M | 20.75M | 19.97M | 19.39M | 10.51M | 270,000 |
| EBITDA | $135K | -$1.11M | $1.31M | $1.23M | -$3.78M | $2.38M | $2.32M | $1.16M | -$710K | $221K | $2.16M | $3.24M | $6.42M | $6.08M | $3.79M | $949K | $1.26M | $2.96M | $3.86M | $4.08M | -$20K |
| EBITDA Margin | 1.5% | -11.6% | 7.7% | 6.3% | -18.8% | 11.0% | 11.9% | 6.5% | -4.6% | 1.1% | 9.2% | 11.8% | 19.4% | 20.8% | 19.0% | 8.4% | 10.9% | 19.5% | 23.8% | 28.7% | -200.0% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 | 2011-10-31 | 2010-10-31 | 2009-10-31 | 2008-10-31 | 2007-10-31 | 2006-10-31 | 2005-10-31 |
| Assets | |||||||||||||||||||||
| Current Assets | |||||||||||||||||||||
| Cash and Cash Equivalents | $3.38M | $6.77M | $10.45M | $14.46M | $17.47M | $17.14M | $15.49M | $16.03M | $11.75M | $13.77M | $14.89M | $15.09M | $12.05M | $6.54M | $4.32M | $2.32M | $2.05M | $3.09M | $4.79M | $2.28M | $50K |
| Short-Term Investments | $7.48M | $5.98M | $4.53M | $0 | $0 | $0 | $0 | $44K | $27K | $20K | $33K | $68K | $71K | $95K | $95K | $95K | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $10.85M | $12.75M | $14.98M | $14.46M | $17.47M | $17.14M | $15.49M | $16.07M | $11.78M | $13.79M | $14.93M | $15.16M | $12.12M | $6.63M | $4.41M | $2.41M | $2.05M | $3.09M | $4.79M | $2.28M | $50K |
| Accounts Receivable | $2.36M | $2.51M | $3.94M | $4.98M | $4.61M | $9.73M | $8.78M | $6.94M | $6.32M | $6.85M | $7.45M | $6.39M | $7.4M | $7.58M | $4.86M | $2.52M | $2.03M | $3.25M | $3.56M | $5.8M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $172K | $442K | $483K | $0 | $0 | $0 | $0 | $0 | $3.74M | $981K | $892K | $783K | $767K | $383K | $331K | $271K | $299K | $194K | $277K | $466K | $0 |
| Total Current Assets | $13.39M | $15.7M | $19.4M | $19.94M | $22.82M | $28.58M | $25.97M | $23.41M | $19.54M | $21.63M | $23.27M | $22.32M | $20.29M | $14.6M | $9.61M | $5.2M | $4.39M | $6.53M | $8.63M | $8.54M | $50K |
| Long-Term Assets | |||||||||||||||||||||
| Property, Plant & Equipment Net | $145K | $368K | $389K | $576K | $745K | $1.06M | $291K | $298K | $2.39M | $2.33M | $854K | $869K | $976K | $1.11M | $1.22M | $1.32M | $1.57M | $1.52M | $800K | $395K | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$69.4M | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $69.47M | $50K | $120K | $203K | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $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 | $121K | $226K | $112K | $131K | $353K | $270K | $367K | $1.67M | $423K | $36K | $18K | $17K | $17K | $26K | $28K | $33K | $0 | $13K | $15K | $0 | $0 |
| Total Long-Term Assets | $266K | $593K | $501K | $707K | $1.1M | $1.33M | $658K | $1.97M | $2.81M | $2.37M | $872K | $886K | $993K | $1.14M | $1.24M | $1.35M | $1.64M | $1.58M | $935K | $598K | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $13.65M | $16.29M | $19.9M | $20.65M | $23.92M | $29.92M | $26.63M | $25.38M | $22.35M | $24M | $24.14M | $23.21M | $21.28M | $15.74M | $10.85M | $6.56M | $6.02M | $8.11M | $9.56M | $9.14M | $50K |
| Liabilities | |||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||
| Accounts Payable | $991K | $1.13M | $1.47M | $1.63M | $2.09M | $1.95M | $1.59M | $2.14M | $1.42M | $2.09M | $2.02M | $2.36M | $2.83M | $2.56M | $1.94M | $1.21M | $1.11M | $3.9M | $1.59M | $1.09M | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $1.29M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $45K | $42K | $39K | $0 |
| Current Income Tax Payable | $719K | $594K | $534K | $337K | $450K | $392K | $344K | $412K | $2K | $45K | $39K | $249K | $323K | $174K | $551K | $211K | $140K | $48.32M | $0 | $1.04B | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $337K | $432K | $392K | $1.73M | $412K | $112K | $45K | $39K | $249K | $323K | $0 | $0 | $0 | $0 | -$45K | $3.13M | $2.71M | $0 |
| Total Current Liabilities | $1.74M | $1.89M | $2.15M | $2.11M | $2.65M | $3.79M | $3.67M | $2.57M | $1.54M | $2.16M | $2.12M | $2.63M | $3.18M | $2.78M | $2.52M | $1.43M | $1.3M | $3.99M | $4.76M | $3.95M | $0 |
| Long-Term Liabilities | |||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $644K | $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 |
| 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 |
| Other Long-Term Liabilities | $0 | $661K | $1.43M | $1.64M | $1.87M | $2.14M | $2.29M | $2.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.63M | $5.04M | $0 |
| Total Long-Term Liabilities | $0 | $690K | $1.62M | $1.99M | $2.36M | $3.41M | $2.36M | $2.55M | $60K | $29K | $52K | $75K | $52K | $84K | $92K | $54K | $62K | $70K | $2.63M | $5.04M | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.74M | $2.58M | $3.78M | $4.09M | $5.01M | $7.2M | $6.03M | $5.11M | $1.6M | $2.19M | $2.18M | $2.7M | $3.23M | $2.86M | $2.62M | $1.49M | $1.36M | $4.06M | $7.4M | $8.99M | $0 |
| Stockholders' Equity | |||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $0 |
| Retained Earnings | $10.53M | $12.35M | $14.85M | $15.27M | $17.71M | $21.52M | $19.47M | $19.11M | $19.56M | $20.98M | $21.23M | $19.61M | $17.19M | $12.29M | $7.6M | $4.44M | $4.07M | $3.53M | $2.05M | $145K | -$30K |
| Comprehensive Income & Other | $278K | $262K | $210K | $238K | $144K | $161K | $144K | $108K | $138K | -$166K | -$227K | -$136K | -$77K | -$91K | -$20K | -$19K | -$10K | -$25K | $4K | -$254K | $0 |
| Other Stockholders' Equity | $1.38M | $1.36M | $1.27M | $1.29M | $1.2M | $1.19M | $1.13M | $1.15M | $1.18M | $833K | $729K | $902K | $854K | $587K | $635K | $627K | $592K | $516K | $119K | $0 | $80K |
| Total Equity | $11.91M | $13.72M | $16.13M | $16.56M | $18.91M | $22.72M | $20.61M | $20.26M | $20.75M | $21.81M | $21.96M | $20.51M | $18.05M | $12.88M | $8.24M | $5.07M | $4.66M | $4.05M | $2.17M | $147K | $50K |
| Minority Interest | $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 | $13.65M | $16.29M | $19.9M | $20.65M | $23.92M | $29.92M | $26.63M | $25.38M | $22.35M | $24M | $24.14M | $23.21M | $21.28M | $15.74M | $10.85M | $6.56M | $6.02M | $8.11M | $9.56M | $9.14M | $50K |
| Supplementary Data | |||||||||||||||||||||
| Total Debt | $29K | $194K | $347K | $487K | $617K | $2.79M | $78K | $60K | $74K | $52K | $75K | $97K | $84K | $123K | $123K | $72K | $106K | $45K | $42K | $39K | $0 |
| Net Debt | -$3.35M | -$6.57M | -$10.1M | -$13.98M | -$16.85M | -$14.35M | -$15.41M | -$15.97M | -$11.68M | -$13.72M | -$14.82M | -$14.99M | -$11.96M | -$6.41M | -$4.19M | -$2.25M | -$1.95M | -$3.04M | -$4.75M | -$2.24M | -$50K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 | 2011-10-31 | 2010-10-31 | 2009-10-31 | 2008-10-31 | 2007-10-31 | 2006-10-31 | 2005-10-31 |
| Operating Activities | |||||||||||||||||||||
| Net Income | -$100K | -$778K | $1.31M | $1.01M | -$2.09M | $2.05M | $2.09M | -$1.26M | -$1.41M | -$257K | $1.62M | $2.41M | $4.91M | $4.69M | $3.16M | $372K | $535K | $1.49M | $1.9M | $2.34M | -$20K |
| Depreciation & Amortization | $229K | $181K | $194K | $51K | $73K | $86K | $99K | $75K | $108K | $313K | $357K | $377K | $345K | $322K | $321K | $322K | $307K | $227K | $208K | $195K | $0 |
| Deferred Income Tax | $0 | $0 | $0 | -$637K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.16M | $0 | -$6K | $0 | -$115M | $0 | $0 |
| Stock-Based Compensation | $35K | $48K | $45K | $72K | $56K | $43K | $34K | $52K | $64K | $89K | $87K | $94K | $53K | $24K | $9K | $43K | $62K | $42K | $115.4M | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||
| Accounts Receivable | $204K | $1.46M | $1.09M | -$463K | -$135K | -$944K | -$3.59M | $1.16M | -$19K | $647K | -$1.07M | $1.05M | $428K | -$2.74M | -$2.27M | -$408K | $1.3M | $0 | $2.25B | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$545K | -$1.23M | -$432K | -$74K | -$383K | $303K | -$783K | $3.7M | -$603K | -$124K | -$629K | -$590K | -$104K | $180K | $925K | $139K | -$71K | -$396K | -$2.24B | -$1.36M | -$10K |
| Total Working Capital Change | -$341K | $228K | $661K | -$537K | -$518K | -$641K | -$4.38M | $4.86M | -$622K | $523K | -$1.7M | $461K | $324K | -$2.55M | -$1.35M | -$269K | $1.23M | -$396K | $3M | -$1.36M | -$10K |
| Other Non-Cash Items | -$38K | -$246K | -$320K | $637K | $3.28M | -$13K | -$52K | -$6K | $317K | $41K | $0 | -$16K | -$1K | -$18K | $3.16M | -$2K | $43K | $219K | $115K | $384K | $0 |
| Net Cash from Operating | -$215K | -$567K | $1.89M | $592K | $805K | $1.53M | -$2.21M | $3.72M | -$1.55M | $710K | $373K | $3.33M | $5.63M | $2.46M | $2.14M | $466K | $2.17M | $1.58M | $5.63M | $1.56M | -$30K |
| Investing Activities | |||||||||||||||||||||
| Capital Expenditures | -$7K | -$160K | -$7K | -$19K | -$11K | -$56K | -$57K | -$122K | -$452K | -$1.81M | -$342K | -$208K | -$219K | -$187K | -$124K | -$45K | -$290K | -$846K | -$323K | -$105K | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $58K | $27K | $99K | $6K | $48K | $30K | $0 | $0 | $0 | $0 | $0 | $0 | -$150K | $0 | $0 | $29K | $0 |
| Purchases of Investments | -$1.46M | $0 | $0 | $0 | $0 | $0 | -$99K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$95K | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $44K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | -$1.36M | -$4.21M | -$19.27M | $1.25M | $27K | $1.85M | $6K | $48K | $30K | -$342.36M | $39K | $14K | $19K | $400 | -$45.43M | $12K | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$1.47M | -$1.36M | -$4.22M | -$19K | $1.3M | -$29K | $1.84M | -$116K | -$404K | -$1.78M | -$342K | -$169K | -$205K | -$169K | -$123K | -$140K | -$428K | -$846K | -$323K | -$76K | $0 |
| Financing Activities | |||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | -$1.93M | $68K | $14K | $56K | $23K | $22K | $73K | $39K | $33K | $25K | $43K | $2.78M | $60K | $39K | $249K | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $110K | $0 | $0 | $0 | $0 | $383K | $0 | $10M | $0 |
| Common Stock Repurchases | -$31K | -$11K | -$34K | -$82K | -$26K | -$2K | -$88K | -$57K | -$15K | -$46K | -$169K | -$18K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $50K |
| Dividends Paid | -$1.72M | -$1.72M | -$1.72M | -$3.45M | -$1.73M | -$1.73M | $0 | -$1.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$750K | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.75M | -$2.75M | -$10M | $80K |
| Net Cash from Financing | -$1.75M | -$1.73M | -$1.76M | -$3.53M | -$1.75M | $194K | -$156K | -$1.8M | -$71K | -$69K | -$191K | -$91K | $70K | -$33K | -$25K | -$43K | -$2.78M | -$2.43M | -$2.79M | -$998K | $80K |
| Forex Effect | $44K | -$18K | $69K | -$50K | -$18K | -$42K | -$13K | -$94K | $1K | $18K | -$34K | -$29K | $16K | -$36K | $8K | -$18K | $4K | -$11K | $0 | $0 | $0 |
| Net Change in Cash | -$3.39M | -$3.68M | -$4.02M | -$3.01M | $330K | $1.65M | -$540K | $4.44M | -$2.02M | -$1.12M | -$195K | $3.04M | $5.51M | $2.22M | $2M | $265K | -$1.04M | -$1.7M | $2.52M | $483K | $50K |
| Supplementary Data | |||||||||||||||||||||
| Operating Cash Flow | -$215K | -$567K | $1.89M | $592K | $805K | $1.53M | -$2.21M | $3.72M | -$1.55M | $710K | $373K | $3.33M | $5.63M | $2.46M | $2.14M | $466K | $2.17M | $1.58M | $5.63M | $1.56M | -$30K |
| Capital Expenditure | -$7K | -$160K | -$7K | -$19K | -$11K | -$56K | -$57K | -$122K | -$452K | -$1.81M | -$342K | -$208K | -$219K | -$187K | -$124K | -$45K | -$290K | -$846K | -$323K | -$105K | $0 |
| Free Cash Flow | -$222K | -$726K | $1.88M | $573K | $794K | $1.47M | -$2.27M | $3.6M | -$2M | -$1.1M | $30K | $3.12M | $5.41M | $2.27M | $2.02M | $421K | $1.88M | $734K | $5.31M | $1.45M | -$30K |
| Cash at Beginning | $6.77M | $10.45M | $14.46M | $17.47M | $17.14M | $15.49M | $16.03M | $11.59M | $13.77M | $14.89M | $15.09M | $12.05M | $6.54M | $4.32M | $2.32M | $2.05M | $3.09M | $4.79M | $2.28M | $1.79M | $0 |
| Cash at End | $3.38M | $6.77M | $10.45M | $14.46M | $17.47M | $17.14M | $15.49M | $16.03M | $11.75M | $13.77M | $14.89M | $15.09M | $12.05M | $6.54M | $4.32M | $2.32M | $2.05M | $3.09M | $4.79M | $2.28M | $50K |