Protagenic Therapeutics, Inc.\new (PTIX)
Protagenic Therapeutics, Inc. operates as a pharmaceutical company specializing in the development of medicines manufactured from cannabinoid and cannabinoid-like molecules. Protagenic Therapeutics, Inc. was founded in 2004 and is based in Santa Barbara, California.
Sector: Pharmaceutical Preparations
Industry: Biotechnology
Protagenic Therapeutics, Inc.
OTC:PTIXHealthcare · Biotechnology
-10.02%$0.6478
Mkt Cap$1.17M
Float1.25M
O/S1.81M
Inst Own3.7%
SI1.0%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$5.16M
Total Assets$2.13M
Free Cash Flow-$4.14M
Debt & Equity
Debt 413%
Total Debt$3.16M
Total Equity-$2.39M
Shares Outstanding
Short Interest
Split History3 splits · 3 reverse
2-year cumulative
1:14
Nasdaq bars a compliance period at 1:250
- 1:14Reverse splitMay 5, 202514 shares → 1
- 1:4Reverse splitMar 23, 20234 shares → 1
- 1:4Reverse splitDec 3, 20104 shares → 1
Balance Sheet Details
Assets$2.13M
Liabilities$6.82M
Accounts Receivable$42K
Accounts Payable$2.03M
Inventory$1K
PP&E (Net)$39K
Goodwill$0
Intangible Assets$2.09M
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 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 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-07-31 | 2004-07-31 | 2003-07-31 | 2002-07-31 | 2001-07-31 | 2000-07-31 | 1999-07-31 | 1998-07-31 | 1997-07-31 | 1996-07-31 | 1995-07-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $85K | $40.03M | $69.09M | $113.88M | $36.98M | $18.72M | $0 | $0 | $0 | $18.57M | $21.63M | $21.39M | $18.76M | $15.62M | $12.57M | $9.9M | $6.9M |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | -99.8% | -42.1% | -39.3% | 207.9% | 97.5% | - | - | - | - | -14.1% | 1.1% | 14.0% | 20.2% | 24.2% | 27.0% | 43.5% | - |
| Cost of Revenue | $38K | $50K | $28K | $30 | $0 | $286 | $339 | $347 | $148 | $534 | $0 | $0 | $0 | $42.71M | $53.87M | $84.29M | $5.01M | $597K | $0 | $0 | $0 | $10.55M | $12.27M | $11.78M | $10.96M | $7.8M | $6.74M | $5.1M | $3.4M |
| Gross Profit | -$38K | -$50K | -$28K | -$30 | $0 | -$286 | -$339 | -$347 | -$148 | -$534 | $0 | $0 | $85K | -$2.68M | $15.22M | $29.59M | $31.97M | $18.12M | $0 | $0 | $0 | $8.03M | $9.36M | $9.6M | $7.8M | $7.81M | $5.83M | $4.8M | $3.5M |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | 100.0% | -6.7% | 22.0% | 26.0% | 86.4% | 96.8% | - | - | - | 43.2% | 43.3% | 44.9% | 41.6% | 50.0% | 46.4% | 48.5% | 50.7% |
| Research and Development | $1.7M | $3.85M | $3.32M | $1.59M | $1.14M | $700K | $808K | $881K | $717K | $418K | $464 | $269K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.7M | $1.76M | $1.18M | $1.97M | $3M | $1.85M | $1.28M | $1.43M | $1.65M | $1.3M | $491K | $933K | $758K | $13.12M | $23.09M | $35.78M | $37.47M | $16.65M | $94K | $0 | $0 | $8.55M | $8.61M | $7.77M | $8.08M | $6.95M | $6.5M | $5.1M | $4.1M |
| Other | $2.41M | $97K | $0 | $0 | -$1K | $203 | $53 | $0 | $0 | $404K | $0 | -$84K | $0 | $1.64M | $3.7M | $5.87M | $0 | $0 | $0 | -$2.23M | -$7.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $5.81M | $5.7M | $4.5M | $3.56M | $4.14M | $2.55M | $2.09M | $2.31M | $2.37M | $1.83M | $491K | $975K | $758K | $14.77M | $44.08M | $146.68M | $37.47M | $16.65M | $94K | -$2.23M | -$7.9M | $8.55M | $8.61M | $7.77M | $8.08M | $6.95M | $6.5M | $5.1M | $4.1M |
| Operating Income (EBIT) | -$5.83M | -$5.7M | -$4.53M | -$3.56M | -$4.14M | -$2.55M | -$2.09M | -$2.31M | -$2.37M | -$2.23M | -$491K | -$975K | -$673K | -$22.3M | -$28.86M | -$117.09M | -$5.5M | $1.47M | -$94K | -$2.23M | -$7.9M | -$528K | $747K | $1.83M | -$275K | $866K | -$661K | -$700K | -$1M |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | -791.8% | -55.7% | -41.8% | -102.8% | -14.9% | 7.9% | - | - | - | -2.8% | 3.5% | 8.6% | -1.5% | 5.5% | -5.3% | -7.1% | -14.5% |
| Interest Expense | $297K | $0 | $108K | $137K | $497K | $246K | $16K | $3K | $14K | $7K | $18K | $3K | $0 | $16K | $76K | $147K | $22K | $14K | $0 | $0 | $0 | $306K | $440K | $496K | $0 | $0 | $197K | -$200K | -$200K |
| Interest Income | $8K | $43K | $264K | $186K | $33K | $502 | $3K | $3K | $14K | $907 | $0 | $0 | $0 | $10K | $72K | $748K | $464K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $675K | $176K | -$474K | $2K | -$383K | $3K | $335K | -$243K | $106K | -$42K | $2K | -$58K | $25.84M | $1.68M | $1K | $448K | $430K | -$89K | -$36K | $907K | $0 | -$306K | -$440K | -$496K | -$399K | $0 | -$136K | $200K | $200K |
| Income Before Tax (EBT) | -$5.16M | -$5.53M | -$5M | -$3.56M | -$4.52M | -$2.55M | -$1.75M | -$2.56M | -$2.26M | -$2.28M | -$1.02M | -$302K | -$806K | -$20.61M | -$28.86M | -$116.64M | -$5.07M | $1.39M | $657K | -$1.33M | $0 | -$834K | $307K | $1.34M | -$674K | $0 | $0 | -$500K | -$800K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $16K | $0 | $0 | $0 | -$33K | $101K | $354K | -$1.07M | $640K | -$852K | -$1.2M | $708K | $94K | $0 | $0 | -$106K | $163K | $203K | $0 | $218K | $197K | -$200K | -$200K |
| Net Income | -$5.16M | -$5.53M | -$5M | -$3.56M | -$4.52M | -$2.55M | -$1.75M | -$2.56M | -$2.26M | -$2.28M | -$476K | -$1.08M | -$1.03M | -$19.73M | -$29.47M | -$115.77M | -$4.15M | $677K | -$94K | -$2.23M | -$7.9M | -$728K | $144K | $1.14M | -$674K | $648K | -$900K | -$300K | -$600K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | -1208.2% | -49.3% | -42.7% | -101.7% | -11.2% | 3.6% | - | - | - | -3.9% | 0.7% | 5.3% | -3.6% | 4.1% | -7.2% | -3.0% | -8.7% |
| Supplementary Data | |||||||||||||||||||||||||||||
| EPS | -3.45 | -1.13 | -1.15 | -0.82 | -1.24 | -1.00 | -0.69 | -1.00 | -0.88 | -1.72 | -73.23 | -166.86 | -632.00 | -193401.96 | -350833.33 | -1346116.28 | -84673.47 | 677000.00 | -94470.00 | -0.53 | -1.86 | -728000.00 | 144000.00 | 1136000.00 | -674000.00 | 648000.00 | -858000.00 | -0.07 | -0.14 |
| Diluted EPS | -3.45 | -1.13 | -1.15 | -0.82 | -1.24 | -1.00 | -0.69 | -1.00 | -0.88 | -1.72 | -73.23 | -166.00 | -632.00 | -193401.96 | -350833.33 | -1346116.28 | -84673.47 | 677000.00 | -94470.00 | -0.53 | -1.86 | -728000.00 | 144000.00 | 1136000.00 | -674000.00 | 648000.00 | -858000.00 | -0.07 | -0.14 |
| Weighted Average OS | 1.93M | 4.90M | 4.34M | 4.32M | 3.69M | 2.58M | 2.56M | 2.56M | 2.56M | 1.33M | 118,000 | 6,466 | 1.70B | 102 | 84 | 86 | 49 | 0 | 0.007 | 4.24M | 4.24M | 0 | 0 | 0 | 0 | 0 | 0 | 4.24M | 4.24M |
| EBITDA | -$7.1M | -$5.47M | -$4.5M | -$3.42M | -$4.14M | -$2.55M | -$2.09M | -$2.31M | -$2.37M | -$2.27M | -$1.02M | -$347K | -$806K | -$18.95M | -$25.09M | -$110.63M | -$4.15M | $1.5M | $675K | -$1.33M | -$5.41M | $1.57M | $2.77M | $3.73M | $1.64M | $2.41M | $500K | $350K | $100K |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | -948.2% | -47.3% | -36.3% | -97.1% | -11.2% | 8.0% | - | - | - | 8.4% | 12.8% | 17.4% | 8.7% | 15.5% | 4.0% | 3.5% | 1.4% |
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 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 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-07-31 | 2004-07-31 | 2003-07-31 | 2002-07-31 | 2001-07-31 | 2000-07-31 | 1999-07-31 | 1998-07-31 | 1997-07-31 | 1996-07-31 | 1995-07-31 |
| Assets | |||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $2.21M | $1.84M | $1.29M | $215K | $541K | $671K | $799K | $362K | $400K | $3.1M | $62K | $101K | $717K | $6.32M | $16.91M | $20.41M | $7.61M | $544K | $0 | $4.53M | $100K | $11K | $16K | $55K | $133K | $34K | $323K | $130K | $540K |
| Short-Term Investments | $0 | $0 | $2.77M | $7.76M | $9.83M | $0 | $0 | $250K | $1.29M | $0 | $0 | $0 | $0 | $0 | $0 | $4.25M | $2.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $2.21M | $1.84M | $4.06M | $7.98M | $10.37M | $671K | $799K | $613K | $1.69M | $3.1M | $62K | $101K | $717K | $6.32M | $16.91M | $24.66M | $10.45M | $544K | $0 | $4.53M | $100K | $11K | $16K | $55K | $133K | $34K | $323K | $130K | $540K |
| Accounts Receivable | $42K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.43M | $12.36M | $19.46M | $9.11M | $3.53M | $0 | $2.15M | $2.94M | $4.24M | $5.8M | $6.06M | $6.1M | $4.95M | $2.82M | $2.45M | $1.68M |
| Inventory | $1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $260K | $5.42M | $6.77M | $7.02M | $7.24M | $7.08M | $6.71M | $4.93M | $3.48M | $2.66M |
| Other Current Assets | $44K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $451K | $149K | $0 | $0 | $130K | $730K | $691K | $1.08M | $699K | $857K | $359K | $290K | $320K |
| Total Current Assets | $2.3M | $1.88M | $4.2M | $8.04M | $11.06M | $879K | $842K | $696K | $1.78M | $3.16M | $132K | $245K | $954K | $12.31M | $31.91M | $47.8M | $21.12M | $4.96M | $0 | $6.95M | $8.59M | $12.05M | $13.77M | $14.44M | $14.36M | $12.97M | $9.02M | $6.35M | $5.2M |
| Long-Term Assets | |||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $39K | $73K | $123K | $2K | $0 | $0 | $296 | $611 | $1K | $1K | $1K | $1K | $0 | $2.69M | $3.55M | $3.52M | $860K | $146K | $0 | $0 | $3.09M | $228K | $257K | $227K | $237K | $236K | $256K | $2.85M | $2.3M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.07M | $0 | $0 | $0 | $0 | $0 | $2.49M | $2.7M | $2.81M | $3.13M | $3.34M | $3.06M | $3.25M | $3.43M |
| Intangible Assets | $2.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.08M | $7.25M | $12.51M | $599K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $976K | $1.88M | $2.52M | $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 | $276K | $0 | $0 | $307K | $0 | $0 | $0 | $0 | $241K | $241K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | -$2.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3 | $0 | $0 | $1.34M | $1.08M | $383K | $0 | $0 | $2.06M | $6.51M | $6.31M | $5.45M | $5.21M | $4.94M | $3.44M | $120K | $150K |
| Total Long-Term Assets | -$167K | $73K | $123K | $2K | $0 | $0 | $296 | $611 | $1K | $1K | $1K | $1K | $3 | $7.03M | $12.68M | $30.97M | $2.85M | $529K | $0 | $0 | $5.15M | $9.47M | $9.5M | $8.48M | $8.57M | $8.51M | $6.75M | $6.22M | $5.88M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $2.13M | $1.96M | $4.32M | $8.04M | $11.06M | $879K | $842K | $697K | $1.78M | $3.16M | $133K | $246K | $954K | $19.34M | $44.6M | $78.76M | $23.96M | $5.49M | $0 | $6.95M | $13.74M | $21.53M | $23.27M | $22.92M | $22.93M | $21.48M | $15.77M | $12.57M | $11.08M |
| Liabilities | |||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||
| Accounts Payable | $2.03M | $103K | $114K | $155K | $279K | $142K | $163K | $10K | $11K | $13K | $168K | $138K | $15.57M | $4.47M | $6.26M | $7.19M | $3.26M | $2.87M | $50K | $348K | $0 | $0 | $0 | $0 | $0 | $0 | $2.3M | $0 | $0 |
| Short-Term Debt | $3.16M | $0 | $0 | $344K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.61M | $0 | $0 | $1.86M | $99K | $0 | $44K | $0 | $4.03M | $4.33M | $4.93M | $5.16M | $5.46M | $3.88M | $0 | $2.74M | $2M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $780K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$399 | $0 | -$132 | $274K | $725K | $152K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $1.64M | $0 | $0 | $0 | $0 | $84K | $332K | $676K | $426K | $517K | $0 | $0 | $0 | $347K | $0 | $0 | $0 | $564K | $470 | $82K | $4.73M | $498K | $368K | $0 | $308K | $0 | $170K | $2.29M | $1.57M |
| Total Current Liabilities | $6.82M | $943K | $655K | $1.12M | $800K | $655K | $1.2M | $908K | $562K | $685K | $189K | $141K | $18.18M | $10.26M | $16.57M | $24.11M | $7.08M | $4.27M | $94K | $430K | $8.76M | $8.65M | $9.71M | $8.8M | $9.66M | $7.53M | $2.47M | $5.03M | $3.57M |
| Long-Term Liabilities | |||||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $318K | $1.37M | $279K | $0 | $0 | $0 | $515K | $175K | $0 | $0 | $0 | $0 | $22K | $0 | $0 | $0 | $0 | $0 | $0 | $264K | $0 | $0 | $0 | $500K | $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 | $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 | $1.7M | $0 | $307K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $907K | $988K | $0 | $0 | $0 | $0 | $3.79M | $4.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2M |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $318K | $1.37M | $279K | $52K | $0 | $0 | $515K | $175K | $0 | $907K | $2.69M | $0 | $22K | $0 | $0 | $3.79M | $4.03M | $0 | $0 | $264K | $0 | $0 | $0 | $500K | $2M |
| Other Liabilities | $0 | $0 | $0 | -$1.01M | $0 | $0 | $0 | -$52K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2M |
| Total Liabilities | $6.82M | $943K | $655K | $1.12M | $1.12M | $2.03M | $1.48M | $908K | $562K | $685K | $704K | $316K | $18.18M | $11.17M | $19.25M | $24.11M | $7.1M | $4.27M | $94K | $4.21M | $8.76M | $8.65M | $9.71M | $9.06M | $9.66M | $7.53M | $2.47M | $5.53M | $3.57M |
| Stockholders' Equity | |||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5K | $5K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $195 | $725 | $444 | $434 | $2K | $1K | $1K | $1K | $1K | $1K | $1 | $8 | $1M | $70K | $236K | $230K | $120K | $73K | $287K | $35K | $40K | $35K | $35K | $35K | $35K | $35K | $35K | $10K | $10K |
| Retained Earnings | -$9.11M | -$36.3M | -$30.78M | -$25.78M | -$22.22M | -$17.7M | -$15.15M | -$13.4M | -$10.84M | -$8.58M | -$1.55M | -$1.08M | -$195.53M | -$168.05M | -$148.32M | -$118.85M | -$3.08M | $1.07M | -$94K | -$13.9M | -$11.67M | -$3.77M | -$3.04M | -$2.75M | -$4.32M | -$3.64M | -$4.29M | -$3.15M | -$2.03M |
| Comprehensive Income & Other | -$220K | -$130K | -$114K | -$677K | -$248K | -$172K | -$172K | -$171K | -$168K | -$182K | -$149 | -$148 | $9 | $42K | -$20K | -$286K | -$38K | $0 | $0 | $0 | -$960K | $0 | $0 | $0 | $0 | $0 | $0 | -$160K | -$90K |
| Other Stockholders' Equity | $6.72M | $37.32M | $34.45M | $32.69M | $32.16M | $16.55M | $14.51M | $13.19M | $12.06M | $11.06M | $1.06M | $1.06M | $177.3M | $176.15M | $173.43M | $173.01M | $19.55M | $84K | -$287K | $16.61M | $16.6M | $16.61M | $16.57M | $16.57M | $17.56M | $17.56M | $17.56M | $10.18M | $9.52M |
| Total Equity | -$2.39M | $1.01M | $3.67M | $6.92M | $9.94M | -$1.15M | -$634K | -$211K | $1.22M | $2.48M | -$497K | -$21K | -$17.23M | $8.17M | $25.35M | $54.39M | $16.58M | $1.22M | -$94K | $2.74M | $4.97M | $12.87M | $13.57M | $13.86M | $13.27M | $13.95M | $13.3M | $7.04M | $7.5M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$74K | -$49K | $0 | $0 | $0 | $260K | $283K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $4.43M | $1.96M | $4.32M | $8.04M | $11.06M | $879K | $842K | $697K | $1.78M | $3.16M | $207K | $295K | $954K | $19.34M | $44.6M | $78.5M | $23.68M | $5.49M | $0 | $6.95M | $13.73M | $21.53M | $23.27M | $22.92M | $22.93M | $21.48M | $15.77M | $12.57M | $11.07M |
| Supplementary Data | |||||||||||||||||||||||||||||
| Total Debt | $3.16M | $0 | $0 | $344K | $318K | $1.37M | $279K | $0 | $0 | $0 | $515K | $175K | $2.61M | $0 | $0 | $1.86M | $121K | $0 | $44K | $0 | $4.03M | $4.33M | $4.93M | $5.42M | $5.46M | $3.88M | $0 | $3.24M | $2M |
| Net Debt | $943K | -$1.84M | -$1.29M | $129K | -$223K | $703K | -$519K | -$362K | -$400K | -$3.1M | $453K | $74K | $1.9M | -$6.32M | -$16.91M | -$18.55M | -$7.49M | -$544K | $44K | -$4.53M | $3.93M | $4.31M | $4.91M | $5.37M | $5.33M | $3.84M | -$323K | $3.11M | $1.46M |
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 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 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-07-31 | 2004-07-31 | 2003-07-31 | 2002-07-31 | 2001-07-31 | 2000-07-31 | 1999-07-31 | 1998-07-31 | 1997-07-31 | 1996-07-31 | 1995-07-31 |
| Operating Activities | |||||||||||||||||||||||||||||
| Net Income | -$5.16M | -$5.53M | -$5M | -$3.56M | -$4.52M | -$2.55M | -$1.75M | -$2.56M | -$2.26M | -$2.28M | -$476K | -$1.08M | -$1.03M | -$19.73M | -$29.44M | -$115.77M | -$4.15M | $677K | -$94K | -$1.33M | -$7.9M | -$728K | $144K | $1.14M | -$674K | $648K | -$858K | -$500K | -$800K |
| Depreciation & Amortization | $38K | $50K | $28K | $30 | $427 | $286 | $339 | $347 | $148 | $534 | $1K | $0 | $1 | $1.64M | $3.7M | $5.87M | $1.35M | $25K | $0 | $0 | $2.49M | $2.09M | $2.03M | $1.89M | $1.91M | $1.55M | $1.12M | $1.05M | $1.1M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$427K | -$249K | -$348K | $0 | -$92K | $441K | $0 | $0 | $0 | -$1.54M | $3.65M | -$2.35M | -$1.15M | $183K | $0 | $0 | $0 | $0 | -$241K | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $563K | $923K | $667K | $865K | $1.52M | $1.65M | $798K | $1.13M | $888K | $546K | $479 | $275K | $604 | $1.11M | $857K | $1.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6 | $0 | $308K | $0 | $3.2M | $6.69M | $4.53M | $0 | $0 | $0 | $0 | $1.96M | $0 | $0 | $0 | $0 | $0 | $0 | -$800K | $0 |
| Inventory | -$37 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$308K | $0 | $0 | $0 | $0 | $0 | -$702K | $0 | $0 | $1.35M | $245K | -$369K | $430K | -$370K | -$1.26M | -$1.46M | -$820K | $0 |
| Accounts Payable | $212K | $0 | -$27K | -$92K | $340K | $0 | $100K | $99K | $17K | $52K | $30K | -$33K | -$292K | -$1.79M | -$937K | -$3.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $468K | -$87K | $540K | -$481K | -$361K | $603K | $11K | -$34K | -$54K | $74K | $93K | $995K | $1.03M | -$6.96M | -$2.08M | -$1.96M | $373K | $0 | $0 | -$6.88M | $735K | -$57K | $52K | -$537K | -$1.54M | -$1.16M | $1.31M | -$920K |
| Total Working Capital Change | $123K | $468K | -$114K | $540K | -$140K | -$361K | $702K | $110K | -$17K | -$2K | $104K | $60K | $703K | $2.45M | -$1.22M | -$752K | -$1.96M | -$329K | $50K | $0 | -$3.57M | $980K | -$426K | $482K | -$907K | -$2.8M | -$2.62M | -$310K | -$920K |
| Other Non-Cash Items | $292K | -$132K | $716K | $157K | $773K | $155K | $111K | $246K | $100K | $150K | -$7K | -$46K | $107 | $4.81M | $19.44M | $116.07M | $419K | $375K | $0 | $485K | $10.85M | $0 | $0 | $0 | $0 | $174K | $150K | -$470K | $20K |
| Net Cash from Operating | -$4.14M | -$4.22M | -$3.7M | -$1.99M | -$2.8M | -$1.35M | -$488K | -$1.07M | -$1.38M | -$1.14M | -$378K | -$790K | -$324K | -$11.25M | -$3.02M | $4.36M | -$5.21M | $931K | -$44K | -$842K | $1.87M | $2.35M | $1.5M | $3.51M | $331K | -$434K | -$2.2M | -$230K | -$600K |
| Investing Activities | |||||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | -$150K | -$2K | $0 | $0 | $0 | $0 | $0 | $0 | -$1K | -$1K | $0 | -$41K | -$682K | -$2.03M | -$266K | -$77K | $0 | $0 | -$1.48M | -$1.78M | -$3.79M | -$3.23M | -$81K | -$65K | -$2.86M | -$1.42M | -$1.33M |
| Acquisitions | $0 | $0 | $0 | $46K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.74M | $4.18M | -$970K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | -$297K | -$2.76M | -$34K | -$10.4M | $0 | $0 | -$2.74M | -$3.43M | $0 | $0 | $0 | $0 | $0 | -$914K | -$9.1M | -$3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $3.05M | $7.69M | $1.63M | $486K | $0 | $250K | $3.79M | $2.15M | $0 | $0 | $0 | $0 | $720K | $6.18M | $24.71M | $100K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $943K | $52K | $0 | -$46K | $0 | $0 | $0 | $1K | -$1K | $0 | $0 | $15K | $15K | $0 | -$480K | $0 | -$1.05M | -$123K | $0 | $6.43M | $0 | $0 | $1.84M | $1.57M | -$1.73M | -$3.67M | $1.4M | $0 | $0 |
| Net Cash from Investing | $943K | $2.8M | $4.78M | $1.6M | -$9.91M | $0 | $250K | $1.05M | -$1.29M | $0 | -$1K | -$1K | $15K | $679K | $2.37M | $17.77M | -$5.18M | -$200K | $0 | $6.43M | -$1.48M | -$1.78M | -$1.95M | -$1.66M | -$1.81M | -$3.73M | -$1.46M | -$1.42M | -$1.33M |
| Financing Activities | |||||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | $100K | -$1.33M | -$670K | - | - | -$19K | - | - | - | - | - | - | $597K | - | - | - | - | $604K | -$482K | -$764K | - | -$3.88M | $3.24M | - | - |
| Common Stock Issuance | $498K | $1.96M | $0 | $0 | $11.71M | $0 | $0 | $0 | $0 | $150K | $340K | $0 | $0 | $0 | $0 | $0 | $18.52M | $0 | $0 | $0 | $0 | $45K | $0 | $0 | $0 | $0 | $7.09M | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$100 | -$9K | -$939K | -$4.05M | $0 | $0 | $0 | $0 | $0 | $0 | -$20K | -$967K | $0 | $0 | $0 | $0 | $1.5M |
| 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 | $0 |
| Other Financing Activities | $3.95M | -$454 | $0 | $0 | $870K | -$104K | $0 | $0 | $0 | $4.26M | $0 | $0 | $31K | $0 | -$150K | $1.02M | -$469K | -$213K | $30K | $0 | -$300K | -$9K | $0 | -$1.77M | $1.58M | $0 | $0 | $1.24M | $2.1M |
| Net Cash from Financing | $4.51M | $1.96M | $0 | $0 | $12.58M | $1.22M | $670K | $0 | $0 | $4.28M | $340K | $175K | $31K | -$9K | -$2.84M | -$2.8M | $17.46M | -$537K | $44K | $0 | -$300K | -$568K | $462K | -$1.98M | $1.58M | $3.88M | $3.85M | $1.24M | $2.1M |
| Forex Effect | -$80K | $667 | $998 | $71K | $631 | -$2K | $4K | -$12K | -$34K | -$47K | -$24 | $23 | -$112 | -$14K | -$9K | -$18K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10K | $0 |
| Net Change in Cash | $4.46M | $551K | $1.07M | -$326K | -$130K | -$128K | $436K | -$37K | -$2.7M | $3.1M | -$39K | -$616K | -$278K | -$10.59M | -$3.5M | $19.3M | $7.07M | $194K | $0 | $4.42M | $90K | -$5K | $16K | -$133K | $99K | -$289K | $189K | -$400K | $170K |
| Supplementary Data | |||||||||||||||||||||||||||||
| Operating Cash Flow | -$4.14M | -$4.22M | -$3.7M | -$1.99M | -$2.8M | -$1.35M | -$488K | -$1.07M | -$1.38M | -$1.14M | -$378K | -$790K | -$324K | -$11.25M | -$3.02M | $4.36M | -$5.21M | $931K | -$44K | -$842K | $1.87M | $2.35M | $1.5M | $3.51M | $331K | -$434K | -$2.2M | -$230K | -$600K |
| Capital Expenditure | -$3 | $0 | -$150K | -$2K | $4 | $0 | $0 | $0 | $0 | $0 | -$1K | -$1K | $0 | -$41K | -$682K | -$2.03M | -$266K | -$77K | $0 | $0 | -$1.48M | -$1.78M | -$3.79M | -$3.23M | -$81K | -$65K | -$2.86M | -$1.42M | -$1.33M |
| Free Cash Flow | -$4.14M | -$4.22M | -$3.85M | -$2M | -$2.8M | -$1.35M | -$488K | -$1.07M | -$1.38M | -$1.14M | -$379K | -$791K | -$324K | -$11.29M | -$3.7M | $2.33M | -$5.48M | $854K | -$44K | -$842K | $390K | $563K | -$2.29M | $278K | $250K | -$499K | -$5.06M | -$1.65M | -$1.93M |
| Cash at Beginning | $1.84M | $1.29M | $215K | $541K | $671K | $799K | $362K | $400K | $3.1M | $3K | $101K | $717K | $995K | $16.91M | $20.41M | $1.11M | $544K | $350K | $0 | $103K | $10K | $16K | $0 | $133K | $34K | $323K | $134K | $540K | -$10K |
| Cash at End | $2.21M | $1.84M | $1.29M | $215K | $541K | $671K | $799K | $362K | $400K | $3.1M | $62K | $101K | $717K | $6.32M | $16.91M | $20.41M | $7.61M | $544K | $0 | $4.53M | $100K | $11K | $16K | $0 | $133K | $34K | $323K | $140K | $160K |