PRINCETON CAPITAL CORP (PIAC)
Princeton Capital Corp. is a closed-end, externally managed business development company specializing in private equity investments. It provides debt-financing solutions across all levels of the capital structure to U.S. lower middle-market firms. The company was founded in 1959 and is headquartered in North Andover, MA.
Industry: Asset Management
Princeton Capital Corporation
OTC:PIACFinancial Services · Asset Management
Mkt Cap-
Float5M
O/S44.18M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$156K
Net Income-$6.78M
Total Assets$14.76M
Free Cash Flow-$684K
Debt & Equity
Debt 0%
Equity 100%
Total Debt$35K
Total Equity$14.26M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in PIAC's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$14.76M
Liabilities$496K
Accounts Receivable$149K
Accounts Payable$130K
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 |
| Revenue | $156K | -$9.6M | $1.17M | $8.64M | $13.48M | -$9.49M | -$6.42M | $1.98M | -$1.57M | -$1.91M | -$5.18M | -$302K | $820K | $67K | -$1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $0 |
| YoY Growth | -101.6% | -921.7% | -86.5% | -35.9% | -242.1% | 47.7% | -424.1% | -226.4% | -17.9% | -63.2% | 1619.2% | -136.8% | 1131.5% | -106.6% | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $706K | $0 | $207 | $5K | $188 | $4K | $4K | $47K | $63K | $83K | $5K | $250 | $3K | $0 | $2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | -$550K | -$9.6M | $1.17M | $8.64M | $13.48M | -$9.49M | -$6.43M | $1.94M | -$1.63M | -$1.99M | -$5.19M | -$302K | $817K | $67K | -$1.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $0 |
| Gross Margin | -352.7% | 100.0% | 100.0% | 99.9% | 100.0% | 100.0% | 100.1% | 97.7% | 104.0% | 104.4% | 100.1% | 100.1% | 99.7% | 100.0% | 100.2% | - | - | - | - | - | - | - | - | - | - | 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 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $597K | $1.27M | $1.28M | $1.99M | $1.49M | $1.29M | $1.45M | $1.77M | $1.14M | $2.02M | $3.66M | $262K | $109K | $119K | $126K | $165K | $298K | $314K | $279K | $529K | $220K | $477K | $46K | $129K | $22K | $53K | $67K |
| Other | $5.62M | $0 | $0 | $0 | $0 | $17K | $414K | -$892K | -$217K | $0 | -$10.07M | -$825K | $596K | -$171K | $0 | -$330K | -$596K | -$628K | -$724K | -$1.31M | -$441K | -$955K | -$93K | -$258K | -$45K | -$106K | $0 |
| Total Operating Expenses | $6.22M | $1.27M | $1.28M | $1.99M | $1.49M | $1.31M | $1.87M | $878K | $919K | $2.02M | -$6.41M | -$564K | $705K | -$52K | $126K | -$165K | -$298K | -$314K | -$446K | -$779K | -$220K | -$477K | -$46K | -$129K | -$22K | -$53K | $67K |
| Operating Income (EBIT) | -$6.77M | -$10.86M | -$114K | $6.65M | $11.99M | -$10.8M | -$8.29M | $1.06M | -$2.55M | -$4.01M | $1.23M | $262K | $112K | $119K | -$1.13M | $165K | $298K | $314K | $446K | $779K | $220K | $477K | $46K | $129K | $22K | $53K | -$67K |
| Operating Margin | -4341.5% | 113.2% | -9.8% | 76.9% | 89.0% | 113.8% | 129.2% | 53.4% | 162.7% | 210.1% | -23.7% | -86.9% | 13.6% | 178.3% | 112.8% | - | - | - | - | - | - | - | - | - | - | 5283700.0% | - |
| Interest Expense | $0 | $0 | $207 | $5K | $188 | $4K | $4K | $47K | $63K | $83K | $5K | $250 | $3K | $3K | $2K | $499 | $984 | $21K | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $2K | $0 |
| Interest Income | $142K | $1.28M | $2.47M | $1.51M | $850K | $784K | $1.12M | $1.93M | $1.41M | $1.68M | $3.08M | $0 | $0 | $0 | $0 | $499 | $984 | $21K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$892K | $0 | $0 | -$10.07M | -$825K | $596K | -$171K | $0 | -$299K | -$596K | -$402K | $880K | -$1.56M | -$441K | -$2.12M | -$93K | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | -$6.77M | -$10.86M | -$114K | $6.65M | $11.99M | -$10.8M | -$8.29M | $165K | -$2.55M | -$4.01M | -$8.85M | -$563K | $708K | -$52K | -$1.13M | -$134K | -$298K | -$88K | $1.33M | -$779K | -$220K | -$1.65M | -$46K | $129K | $22K | $53K | -$67K |
| Income Tax Expense | $10K | -$2K | $65K | $456 | $0 | $2K | -$19K | $18K | $28K | $41K | $0 | $0 | $0 | $50 | $942 | $62 | -$813K | $800 | $800 | $800 | $2K | $800 | $800 | $203K | $47K | $108K | $0 |
| Net Income | -$6.78M | -$10.86M | -$179K | $6.65M | $11.99M | -$10.8M | -$8.27M | $147K | -$2.58M | -$4.24M | -$8.85M | -$563K | $708K | -$52K | -$1.13M | -$134K | $515K | -$1.3M | $1.32M | $1.7M | -$222K | -$1.65M | -$47K | -$75K | -$25K | -$55K | -$67K |
| Net Income Margin | -4348.0% | 113.2% | -15.3% | 76.9% | 89.0% | 113.8% | 128.9% | 7.4% | 164.5% | 222.1% | 170.7% | 186.9% | 86.4% | -78.3% | 112.8% | - | - | - | - | - | - | - | - | - | - | -5480200.0% | - |
| Supplementary Data | |||||||||||||||||||||||||||
| EPS | -0.06 | -0.09 | -0.00 | 0.06 | 0.10 | -0.09 | -0.07 | 0.00 | -0.02 | -0.04 | -0.09 | -0.31 | 0.39 | -0.03 | -0.62 | -0.07 | 0.28 | -0.07 | 0.19 | 0.76 | -0.11 | -1.00 | -0.07 | -0.11 | -0.04 | -0.09 | -0.11 |
| Diluted EPS | -0.06 | -0.09 | -0.00 | 0.06 | 0.10 | -0.09 | -0.07 | 0.00 | -0.02 | -0.04 | -0.09 | -0.08 | 0.10 | -0.01 | -0.17 | -0.02 | 0.08 | -0.02 | 0.19 | 0.23 | -0.11 | -1.00 | -0.07 | -0.11 | -0.04 | -0.09 | -0.11 |
| Weighted Average OS | 120.49M | 120.49M | 120.49M | 120.49M | 120.49M | 120.49M | 120.49M | 120.49M | 120.49M | 120.49M | 97.40M | 1.82M | 1.82M | 1.82M | 1.82M | 1.82M | 1.82M | 1.82M | 6.98M | 2.25M | 1.99M | 1.65M | 687,630 | 691,156 | 625,399 | 625,399 | 606,305 |
| EBITDA | -$6.77M | -$10.86M | -$114K | $6.65M | $11.99M | -$10.8M | -$8.29M | $1.06M | -$2.49M | -$4.1M | $1.25M | $262K | $422K | -$49K | -$1.13M | -$101K | -$297K | -$314K | -$446K | -$753K | -$220K | -$477K | -$46K | -$129K | -$22K | -$53K | -$67K |
| EBITDA Margin | -4341.5% | 113.2% | -9.8% | 76.9% | 89.0% | 113.8% | 129.2% | 53.4% | 158.7% | 214.7% | -24.1% | -86.9% | 51.5% | -73.1% | 112.8% | - | - | - | - | - | - | - | - | - | - | -5283700.0% | - |
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 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 |
| Assets | |||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||
| Cash and Cash Equivalents | $242K | $1.29M | $1.94M | $1.53M | $524K | $1.73M | $358K | $2.58M | $2.08M | $10K | $1.02M | $23K | $23K | $19K | $3K | $23K | $84K | $122K | $64K | $42 | $1K | $3K | $14K | $17K | $5K | $2K | $8 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $279K | $786K | $716K | $968K | $3.61M | $1.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $242K | $1.29M | $1.94M | $1.53M | $524K | $1.73M | $358K | $2.58M | $2.08M | $10K | $1.02M | $23K | $23K | $19K | $282K | $809K | $800K | $1.09M | $3.68M | $1.2M | $1K | $3K | $14K | $17K | $5K | $2K | $8 |
| Accounts Receivable | $149K | $618K | $552K | $320K | $330K | $315K | $309K | $772K | $271K | $951K | $248K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5K | $5K | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $276K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$67K | $584.07M | $0 | $0 | $0 | $0 | $0 | $16K | $315K | $524K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $50K | $0 | $0 | $0 | $0 |
| Total Current Assets | $391K | $1.88M | $2.54M | $1.88M | $884K | $2.07M | $692K | $3.39M | $3M | $1.49M | $1.32M | $23K | $23K | $42K | $305K | $832K | $821K | $1.13M | $3.68M | $1.2M | $10K | $11K | $64K | $17K | $5K | $2K | $8 |
| Long-Term Assets | |||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $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 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $14.26M | $19.22M | $0 | $0 | $0 | $0 | $13.19M | $38.58M | $38.95M | $98.01M | $48.7M | $470K | $1.14M | $426K | $156K | $689K | $856K | $50K | $3.67M | $1.99M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $320K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $107K | $19.84M | $29.78M | $30.6M | $34.35M | $21.6M | $20.23M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.61M | -$449K | $229K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $14.37M | $19.22M | $29.78M | $30.6M | $34.35M | $21.6M | $33.42M | $38.58M | $38.95M | $98.33M | $48.7M | $470K | $1.14M | $426K | $156K | $689K | $856K | $50K | $63K | $1.54M | $229K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Assets | $0 | $19.31B | $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 | $14.76M | $21.21M | $32.31M | $32.49M | $35.23M | $23.67M | $34.11M | $41.97M | $41.95M | $99.82M | $50.02M | $493K | $1.16M | $467K | $461K | $1.52M | $1.68M | $1.18M | $3.74M | $2.74M | $239K | $11K | $64K | $17K | $5K | $2K | $8 |
| Liabilities | |||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||
| Accounts Payable | $130K | $17K | $159K | $180K | $204K | $89K | $252K | $209K | $239K | $53.1M | $1.4M | $13K | $2K | $30K | $27K | $19K | $0 | $61K | $466K | $417K | $320K | $317K | $217K | $199K | $142K | $124K | $158K |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $365K | $0 | $0 | $13K | $1K | $46K | $0 | $0 | $0 | $651K | $227K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $456 | $0 | $65K | $0 | $0 | $2K | $7K | $5K | $36K | $42K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $23K | $24K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$195K | $16.38M | $0 | $0 | $0 | $0 | $0 | $0 | -$23K | -$24K | $0 | $0 | $15K | $46K | -$1K | $0 | $41K | $0 | $196K | $1.1M | $200K | $144K | $110K | $112K | $157K | $148K | $96 |
| Total Current Liabilities | $131K | $16.55M | $159K | $180K | $204K | $89K | $252K | $388K | $491K | $55.81M | $1.79M | $31K | $137K | $150K | $91K | $19K | $41K | $61K | $1.31M | $1.74M | $520K | $461K | $326K | $311K | $300K | $272 | $254 |
| Long-Term Liabilities | |||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $28K | $23K | $24K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $365K | $148K | $250K | $223K | $556K | $1.1M | $582K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $365K | $148K | $250K | $223K | $556K | $1.1M | $582K | $28K | $50K | $24K | $0 | $0 | $13K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$13K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $496K | $165K | $410K | $403K | $759K | $1.19M | $834K | $416K | $541K | $55.83M | $1.79M | $31K | $137K | $150K | $91K | $19K | $41K | $61K | $1.31M | $1.74M | $520K | $461K | $326K | $311K | $300K | $272K | $254K |
| Stockholders' Equity | |||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $0 | $0 | $0 | $0 | $0 | $500 | $500 | $500 |
| Common Stock | $120K | $120K | $120K | $120K | $120K | $120K | $120K | $120K | $120K | $120K | $120K | $4K | $4K | $4K | $4K | $4K | $0 | $0 | $0 | $0 | $0 | $7.65M | $6.19M | $6.11M | $6.04M | $6.04M | $6M |
| Retained Earnings | -$50.73M | -$43.95M | -$33.08M | -$32.91M | -$30.52M | -$9.75M | -$9.07M | -$23.43M | $0 | -$10.05M | -$9.56M | -$8.33M | -$7.35M | -$8.42M | -$8.38M | -$6.88M | -$6.74M | -$7.26M | -$5.95M | -$6.62M | -$8.32M | -$8.1M | -$6.45M | -$6.41M | -$6.33M | -$6.31M | -$6.25M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$9.72M | -$7.21M | -$0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$751K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $64.87M | $64.87M | $64.87M | $64.87M | $64.87M | $32.1M | $42.23M | $64.87M | $41.29M | $53.92M | $57.66M | $8.79M | $8.37M | $8.74M | $8.74M | $8.37M | $8.38M | $8.38M | $8.38M | $7.63M | $8.04M | $500 | $500 | $499 | $500 | $500 | $500 |
| Total Equity | $14.26M | $21.04M | $31.9M | $32.08M | $34.47M | $22.48M | $33.28M | $41.55M | $41.41M | $43.99M | $48.23M | $462K | $1.03M | $318K | $370K | $1.5M | $1.64M | $1.12M | $2.42M | $1M | -$282K | -$450K | -$262K | -$294K | -$295K | -$270K | -$254K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $14.76M | $21.21M | $32.31M | $32.49M | $35.23M | $23.67M | $34.11M | $41.97M | $41.95M | $99.82M | $50.02M | $493K | $1.16M | $467K | $461K | $1.52M | $1.68M | $1.18M | $3.74M | $2.74M | $239K | $11K | $64K | $17K | $5K | $2K | $8 |
| Supplementary Data | |||||||||||||||||||||||||||
| Total Debt | $35K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27K | $365K | $0 | $0 | $13K | $1K | $46K | $0 | $0 | $0 | $651K | $227K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$207K | -$1.29M | -$1.94M | -$1.53M | -$524K | -$1.73M | -$358K | -$2.58M | -$2.06M | $355K | -$1.02M | -$23K | -$10K | -$18K | $43K | -$23K | -$84K | -$122K | $587K | $227K | -$1K | -$3K | -$14K | -$17K | -$5K | -$2K | -$8 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 |
| Operating Activities | |||||||||||||||||||||||||||
| Net Income | -$1.77M | -$10.86M | -$179K | $6.65M | $11.99M | -$10.8M | -$8.27M | $147K | -$2.58M | -$4.24M | -$8.85M | -$563K | $708K | -$52K | -$1.13M | -$134K | $515K | -$1.3M | $1.32M | $1.7M | -$222K | -$1.65M | -$47K | -$75K | -$25K | -$55K | -$67K |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16K | $22K | $0 | $311K | $0 | $0 | $0 | $0 | $0 | $0 | $26K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||
| Accounts Receivable | $435K | -$49K | -$232K | $424K | -$8K | $15K | $20K | $74K | $404K | -$703K | -$248K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $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 |
| Accounts Payable | -$143K | $0 | -$21K | $0 | $0 | $0 | $0 | -$30K | -$881K | $693K | $1.38M | -$93K | $0 | $56K | $25K | $0 | $0 | -$314K | $0 | $0 | $54K | $18K | $0 | $18K | $0 | $0 | $0 |
| Other Working Capital | $340K | -$291K | -$302K | -$362K | -$432K | $352K | $416K | -$40K | -$746K | $305K | $330K | $0 | $44K | $0 | $1K | -$24K | $786 | -$155K | -$26K | $217K | $56K | -$360K | -$32K | $14K | $18K | $18K | $21K |
| Total Working Capital Change | $775K | -$340K | -$323K | $63K | -$440K | $367K | $437K | $4K | -$1.22M | $295K | $1.47M | -$93K | $44K | $56K | $26K | -$24K | $786 | -$469K | -$26K | $223K | $110K | -$343K | -$32K | $32K | $18K | $18K | $21K |
| Other Non-Cash Items | $310K | $10.52M | $915K | $3.33M | -$12.74M | $11.8M | $5.65M | $367K | $58.09M | -$49.32M | -$4.74M | $670K | -$1.02M | $9K | $1M | $33K | -$814K | $968K | -$1.76M | -$2.06M | $135K | $1.32M | $0 | $0 | $6K | $24K | $42K |
| Net Cash from Operating | -$684K | -$684K | $413K | $10.04M | -$1.19M | $1.37M | -$2.19M | $518K | $54.29M | -$53.25M | -$12.1M | $13K | $38K | $13K | -$102K | -$125K | -$298K | -$805K | -$462K | -$115K | $23K | -$673K | -$80K | -$42K | -$592 | -$13K | -$5K |
| Investing Activities | |||||||||||||||||||||||||||
| Capital Expenditures | $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 |
| Acquisitions | $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 |
| Purchases of Investments | -$80K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$31K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $36K | $66K | $259K | $1.51M | $113K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1K | $0 | $0 | $0 | $0 | -$229K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$80K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $36K | $64K | $259K | $1.51M | $113K | -$31K | -$229K | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | $27K | $338K | -$365K | - | $13K | $34K | -$3K | -$46K | - | - | - | - | - | - | - | - | - | - | -$15K | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $13.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $145K | $205K | $661K | $76K | $55K | $0 | $0 | $0 |
| Common Stock Repurchases | $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 |
| Dividends Paid | $0 | $0 | $0 | -$9.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$600 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$52.4M | $52.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $0 | $0 |
| Net Cash from Financing | $0 | $0 | $0 | -$9.04M | $0 | $0 | $0 | -$27K | -$52.74M | $52.76M | $13.1M | -$13K | -$34K | $3K | $45K | $0 | $0 | -$651K | $414K | $145K | $205K | $661K | $76K | $55K | $3K | $15K | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$684K | -$684K | $413K | $1M | -$1.19M | $1.37M | -$2.19M | $491K | $1.55M | -$489K | $1M | $228 | $4K | $16K | -$20K | -$61K | -$39K | $58K | $64K | -$1K | -$1K | -$11K | -$3K | $13K | $2K | $2K | -$5K |
| Supplementary Data | |||||||||||||||||||||||||||
| Operating Cash Flow | -$684K | -$684K | $413K | $10.04M | -$1.19M | $1.37M | -$2.19M | $518K | $54.29M | -$53.25M | -$12.1M | $13K | $38K | $13K | -$102K | -$125K | -$298K | -$805K | -$462K | -$115K | $23K | -$673K | -$80K | -$42K | -$592 | -$13K | -$5K |
| Capital Expenditure | $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 |
| Free Cash Flow | -$684K | -$684K | $413K | $10.04M | -$1.19M | $1.37M | -$2.19M | $518K | $54.29M | -$53.25M | -$12.1M | $13K | $38K | $13K | -$102K | -$125K | -$298K | -$805K | -$462K | -$115K | $23K | -$673K | -$80K | -$42K | -$592 | -$13K | -$5K |
| Cash at Beginning | $1.98M | $1.98M | $1.57M | $564K | $1.75M | $383K | $2.58M | $2.08M | $534K | $1.02M | $23K | $23K | $19K | $3K | $23K | $84K | $122K | $64K | $42 | $1K | $3K | $14K | $17K | $5K | $2K | $8 | $5K |
| Cash at End | $1.3M | $1.3M | $1.98M | $1.57M | $564K | $1.75M | $383K | $2.58M | $2.08M | $534K | $1.02M | $23K | $23K | $19K | $3K | $23K | $84K | $122K | $64K | $42 | $1K | $3K | $14K | $17K | $5K | $2K | $8 |