PROVECTUS BIOPHARMACEUTICALS, INC. (PVCT)
Provectus Biopharmaceuticals, Inc. is a clinical-stage biotechnology firm dedicated to pioneering immunotherapy treatments. These therapies are grounded in its proprietary halogenated xanthene platform. Among its key developments is PV-10, an experimental autolytic cancer immunotherapy. This treatment is being explored for a range of adult solid tumor malignancies, encompassing melanoma and various gastrointestinal cancers (such as hepatocellular carcinoma, metastatic colorectal cancer to the liver, metastatic neuroendocrine tumors to the liver, and metastatic uveal melanoma to the liver). It also targets pediatric solid tumors, including neuroblastoma, Ewing sarcoma, rhabdomyosarcoma, and osteosarcoma. Additionally, Provectus is advancing oral formulations of pharmaceutical-grade rose bengal sodium (cGMP RBS) to combat a broad spectrum of conditions. These include adult solid tumors (such as head and neck, breast, testicular, and colorectal cancers), pediatric blood cancers like leukemia, acute respiratory syndromes such as coronavirus, infections caused by multi-drug resistant bacteria (specifically Gram-negative bacteria), and certain ocular conditions, notably infectious keratitis. Furthermore, the company is progressing PH-10, an investigational immuno-dermatology agent designed to address inflammatory skin conditions like psoriasis and atopic dermatitis. Originally established in 2002, the company was initially named Provectus Pharmaceuticals, Inc., before rebranding as Provectus Biopharmaceuticals, Inc. in December 2013. Its operations are headquartered in Knoxville, Tennessee.
Sector: Pharmaceutical Preparations
Industry: Biotechnology
Provectus Biopharmaceuticals, Inc.
OTC:PVCTHealthcare · Biotechnology
+1.65%$0.0492
Mkt Cap$20.68M
Float239.82M
O/S420.28M
Inst Own0.0%
SI0.3%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$336K
Net Income-$5.43M
Total Assets$698K
Free Cash Flow-$3.33M
Debt & Equity
Total Debt$2.98M
Total Equity-$6.3M
Preferred Stock$957
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in PVCT's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$698K
Liabilities$7M
Accounts Receivable$0
Accounts Payable$716K
Inventory$0
PP&E (Net)$127K
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $336K | $617K | $558K | $989K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.18M | $0 | $0 | $9.76B | $0 | $0 | $0 | $0 | $1K | $7K | $32K | $0 | $0 | $0 | $1 |
| YoY Growth | -45.5% | 10.7% | -43.6% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -79.1% | -79.5% | - | - | - | - | - |
| Cost of Revenue | $2K | $7K | $1.7M | $64K | $94K | $315K | $756K | $685K | $13.72M | $24.51M | $24.65M | $12.63B | $13.03B | $14.34B | $21.44B | $680K | $680K | $680K | $10.31M | $875 | $4K | $11K | $0 | $0 | $0 | $0 |
| Gross Profit | $334K | $610K | -$1.14M | $925K | -$94K | -$315K | -$756K | -$685K | -$13.72M | -$24.51M | -$24.65M | -$12.63B | -$13.03B | -$14.34B | $9.76B | -$20.69M | -$12.33M | $0 | -$10.31M | $493 | $3K | $21K | $0 | $0 | $0 | $1 |
| Gross Margin | 99.4% | 98.8% | -204.8% | 93.6% | - | - | - | - | - | - | - | -302270.2% | - | - | 100.0% | - | - | - | - | 36.0% | 45.5% | 66.2% | - | - | - | 100.0% |
| Research and Development | $1.9M | $1.99M | $1.75M | $2.39M | $2.61M | $2.81M | $4M | $4.75M | $8.2M | $8.54M | $10.71M | $5.14M | $3.6M | $5M | $8.81M | $8.42M | $4.91M | $4.43M | $4.41M | $3.02M | $2.04M | $1.29M | $725K | $51K | $0 | $0 |
| Selling, General, and Administrative | $3.73M | $3.15M | $1.36M | $2.02M | $2.06M | $2.15M | $2.3M | $3.31M | $5.52M | $15.97M | $13.27M | $11M | $8.76M | $8.66M | $11.96M | $11.61M | $6.75M | $5.25M | $5.24M | $3.54M | $3M | $1.69M | $1.58M | $6.92M | $130K | $12K |
| Other | -$452K | -$580K | -$1.34M | -$1.02M | -$27K | -$26K | -$68K | -$26K | $0 | $0 | $671K | $671K | $671K | $671K | $671K | $671K | $671K | $671K | $671K | $671K | $671K | $671K | $1.15M | $134K | $0 | $0 |
| Total Operating Expenses | $5.18M | $4.56M | $3.47M | $3.39M | $4.64M | $4.65M | $5.54M | $7.37M | $13.72M | $24.51M | $24.65M | $16.81M | $13.03M | $14.34M | $21.44M | $20.69M | $12.33M | $10.34M | $10.31M | $7.22M | $5.71M | $3.65M | $3.46M | $7.11M | $130K | $12K |
| Operating Income (EBIT) | -$4.84M | -$3.95M | -$2.9M | -$3.43M | -$4.67M | -$4.96M | -$6.3M | -$8.01M | -$13.72M | -$24.51M | -$24.65M | -$12.63M | -$13.03M | -$14.34M | -$21.44M | -$20.69M | -$12.33M | -$10.34M | -$10.31M | -$7.22M | -$5.71M | -$3.63M | -$3.46M | -$7.11M | -$130K | -$11K |
| Operating Margin | -1441.3% | -640.8% | -520.2% | -346.6% | - | - | - | - | - | - | - | -302.4% | - | - | -0.2% | - | - | - | - | -527924.0% | -87392.9% | -11405.5% | - | - | - | -1149900.0% |
| Interest Expense | $210K | $239K | $216K | $164K | $962K | $1.75M | $1.46M | $970K | $370K | $0 | $0 | $0 | $29.34M | $1K | $0 | $0 | $0 | $0 | -$318K | $0 | $724K | $101K | -$55K | $0 | -$130K | $0 |
| Interest Income | $0 | $0 | $0 | $164K | $4 | $3K | $23K | $20K | $31K | $2K | $5K | $0 | $0 | $1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$661K | -$817K | -$201K | -$127K | -$867K | -$1.71M | -$623K | -$99K | -$198K | $85K | $151K | $2.39M | -$14.67M | $1.77M | $2.01M | $2.14M | -$206K | $74K | $318K | -$1.65M | -$724K | -$712K | $55K | $0 | $0 | $0 |
| Income Before Tax (EBT) | -$5.51M | -$4.77M | -$3.12M | -$3.56M | -$5.54M | -$6.68M | -$6.92M | -$8.18M | -$13.52M | -$24.43M | -$24.5M | -$10.24M | -$27.7M | -$12.57M | -$19.43M | -$18.55M | -$12.32M | -$10.27M | -$10.01M | -$8.87M | -$6.44M | -$4.34M | -$3.4M | $0 | $0 | $0 |
| Income Tax Expense | $0 | -$9K | -$16K | $0 | $0 | $0 | $0 | -$825K | -$407K | -$170K | $0 | $0 | $0 | $0 | $0 | $0 | -$8K | $0 | $0 | $0 | $6.78M | $0 | $122K | $14K | $130K | $0 |
| Net Income | -$5.43M | -$4.73M | -$3.1M | -$3.55M | -$5.54M | -$6.68M | -$6.92M | -$8.15M | -$13.52M | -$24.43M | -$24.5M | -$10.24M | -$27.7M | -$12.57M | -$19.43M | -$18.55M | -$12.32M | -$10.27M | -$10.01M | -$8.87M | -$11.76M | -$4.34M | -$3.63M | -$7.12M | -$130K | -$12K |
| Net Income Margin | -1615.8% | -766.9% | -556.2% | -359.3% | - | - | - | - | - | - | - | -245.2% | - | - | -0.2% | - | - | - | - | -648464.9% | -179987.8% | -13640.8% | - | - | - | -1150000.0% |
| Supplementary Data | ||||||||||||||||||||||||||
| EPS | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.02 | -0.02 | -0.02 | -0.04 | -0.10 | -0.13 | -0.06 | -0.21 | -0.11 | -0.18 | -0.24 | -0.21 | -0.20 | -0.22 | -0.23 | -0.62 | -0.31 | -0.37 | -0.89 | -1.52 | -0.03 |
| Diluted EPS | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.02 | -0.02 | -0.02 | -0.04 | -0.10 | -0.13 | -0.06 | -0.21 | -0.11 | -0.18 | -0.24 | -0.21 | -0.20 | -0.22 | -0.23 | -0.62 | -0.31 | -0.37 | -0.89 | -1.52 | -0.03 |
| Weighted Average OS | 420.28M | 419.81M | 419.51M | 419.47M | 408.22M | 393.25M | 386.59M | 382.34M | 369.23M | 233.85M | 195.66M | 175.83M | 132.00M | 112.99M | 105.72M | 78.82M | 59.80M | 51.32M | 46.35M | 37.97M | 18.83M | 14.12M | 9.71M | 7.98M | 85,731 | 65 |
| EBITDA | -$4.84M | -$4.52M | -$2.89M | -$3.42M | -$4.63M | -$4.72M | -$5.46M | -$7.34M | -$12.63M | -$23.83M | -$22.02M | -$14.34M | -$12.35M | -$15.43M | -$18.76M | -$15.73M | -$11.64M | -$9.59M | -$9.31M | -$4.69M | -$787K | -$1.71M | $1.29M | -$6.93M | -$130K | -$11K |
| EBITDA Margin | -1440.7% | -733.2% | -518.5% | -345.5% | - | - | - | - | - | - | - | -343.3% | - | - | -0.2% | - | - | - | - | -343197.4% | -12042.1% | -5378.6% | - | - | - | -1149900.0% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | |||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||
| Cash and Cash Equivalents | $251K | $307K | $77K | $22K | $683K | $97K | $591K | $51K | $106K | $1.17M | $14.18M | $17.39M | $15.7M | $1.22M | $7.71M | $8.09M | $3.24M | $2.8M | $352K | $638K | $6.88M | $11K | $164K | $718K | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.91M | $6.5M | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $251K | $307K | $77K | $22K | $683K | $97K | $591K | $51K | $106K | $1.17M | $14.18M | $17.39M | $15.7M | $1.22M | $7.71M | $8.09M | $3.24M | $2.8M | $7.26M | $7.14M | $6.88M | $11K | $164K | $718K | $0 |
| Accounts Receivable | $0 | $0 | $476 | $394 | $5K | $4K | $55K | $595K | $452K | $300K | $500K | $733K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $88K | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $94K | $73K | $0 | $0 |
| Other Current Assets | $73K | $420K | $950K | $1.41M | $2.42M | $0 | $0 | $0 | $0 | $0 | $41K | $978K | $0 | $0 | $0 | $0 | $0 | $51K | $0 | $0 | $0 | $0 | $151K | $0 | $0 |
| Total Current Assets | $568K | $977K | $1.36M | $1.9M | $3.44M | $424K | $996K | $1.02M | $958K | $1.83M | $14.72M | $19.1M | $15.7M | $1.22M | $7.71M | $8.09M | $3.24M | $2.85M | $7.36M | $7.31M | $6.95M | $603K | $923K | $753K | $0 |
| Long-Term Assets | |||||||||||||||||||||||||
| Property, Plant & Equipment Net | $127K | $29K | $84K | $138K | $71K | $166K | $253K | $72K | $87K | $72K | $85K | $92K | $30K | $30K | $20K | $21K | $30K | $34K | $43K | $30K | $12K | $0 | $121K | $471K | $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 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $228K | $899K | $1.57M | $2.24M | $2.91M | $3.58M | $4.25M | $4.93M | $5.6M | $6.27M | $6.94M | $7.61M | $8.28M | $8.95M | $9.62M | $10.29M | $18.76M | $19.9M | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $821K | $1.47M | $2.69M | $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 | -$821K | -$1.47M | -$2.69M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $3K | $0 | $0 | -$138K | -$71K | $0 | -$481K | $0 | $821K | $1.47M | $2.72M | $3.41M | $27K | $27K | $27K | $27K | $27K | $27K | $27K | $31K | $736K | $298K | $27K | $27K | $0 |
| Total Long-Term Assets | $130K | $29K | $84K | $138K | $71K | $166K | $481K | $972K | $2.48M | $3.78M | $5.72M | $7.08M | $4.31M | $4.98M | $5.64M | $6.32M | $7M | $7.67M | $8.35M | $9.01M | $10.37M | $10.59M | $18.9M | $20.4M | $0 |
| 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 |
| Total Assets | $698K | $1.01M | $1.45M | $2.04M | $3.51M | $589K | $1.48M | $1.99M | $3.44M | $5.61M | $20.44M | $26.18M | $20.01M | $6.2M | $13.35M | $14.4M | $10.23M | $10.52M | $15.71M | $16.32M | $17.32M | $11.2M | $19.83M | $21.16M | $0 |
| Liabilities | |||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||
| Accounts Payable | $716K | $1.11M | $1.68M | $2.09M | $1.29M | $957K | $1.13M | $3.31M | $3.27M | $1.92M | $1.89M | $441K | $349K | $243K | $101K | $418K | $220K | $267K | $455K | $65K | $90K | $154K | $101K | $99K | $2K |
| Short-Term Debt | $2.83M | $3.16M | $2.95M | $2.11M | $1.74M | $23.63M | $576K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $365K | $556K | $1.09M | $1.03M | $0 | $2K |
| Current Income Tax Payable | $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 |
| Current Unearned Revenue | $0 | $336K | $953K | $1.51M | $2.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $189K | $131K | $2.67M | $2.12M | $104K | $0 | $152K | $0 | $402K | $0 | $1.85M | $0 | $0 | $0 | $0 | $150K | $345K | $115K | $150K | $107K | $1.78M | $50K | $0 | $0 | $0 |
| Total Current Liabilities | $6.9M | $6.98M | $9.02M | $8.19M | $7.7M | $30.71M | $3.02M | $4.1M | $4M | $2.14M | $4.12M | $848K | $513K | $511K | $263K | $1.35M | $827K | $462K | $880K | $802K | $2.61M | $1.45M | $1.64M | $177K | $4K |
| Long-Term Liabilities | |||||||||||||||||||||||||
| Long-Term Debt | $24K | $0 | $0 | $0 | $0 | $39K | $19.67M | $13.93M | $9.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $323K | $583K | $149K | $989K | $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 |
| 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 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $2.73M | $1.37M | $0 | $0 | $0 | $147K | $12.87M | $1.3M | $3.07M | $6.48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $103K | $0 | $25K | $73K | $0 | $84K | $22.53M | $15.3M | $9.46M | $1.92M | $1.89M | $147K | $12.87M | $1.3M | $3.07M | $6.48M | $220K | $267K | $455K | $430K | $323K | $583K | $149K | $989K | $4K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.92M | -$1.89M | $0 | $0 | $0 | $0 | $0 | -$220K | -$267K | -$455K | -$430K | $0 | $0 | $0 | $0 | -$4K |
| Total Liabilities | $7M | $6.98M | $9.04M | $8.27M | $7.7M | $30.8M | $25.55M | $19.41M | $13.46M | $2.14M | $4.12M | $994K | $13.38M | $1.81M | $3.33M | $7.83M | $827K | $462K | $880K | $802K | $2.93M | $2.03M | $1.79M | $1.17M | $4K |
| Stockholders' Equity | |||||||||||||||||||||||||
| Preferred Stock | $957 | $14K | $23K | $22K | $22K | $0 | $0 | $0 | $0 | $9 | $1 | $0 | $33 | $2K | $4K | $4.12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $420K | $420K | $420K | $419K | $419K | $399K | $390K | $385K | $371K | $365K | $205K | $185K | $160K | $118K | $111K | $91K | $67K | $53K | $49K | $42K | $28K | $16K | $11K | $9K | $26K |
| Retained Earnings | -$262.85M | -$257.42M | -$252.69M | -$249.59M | -$246.03M | -$240.49M | -$233.82M | -$226.89M | -$218.74M | -$205.22M | -$180.8M | -$156.29M | -$146.05M | -$118.35M | -$105.78M | -$86.35M | -$67.8M | -$55.48M | -$45.21M | -$35.2M | -$26.33M | -$14.57M | -$10.75M | -$7.12M | -$5.75M |
| Comprehensive Income & Other | -$60K | -$61K | -$60K | -$36K | -$34K | -$34K | -$24K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $256.13M | $251.04M | $244.68M | $242.94M | $241.43M | $209.89M | $209.35M | $209.09M | $208.35M | $208.33M | $196.91M | $181.3M | $152.52M | $122.63M | $115.69M | $92.84M | $77.14M | $65.48M | $59.99M | $50.68M | $40.69M | $23.71M | $28.78M | $27.1M | $5.72M |
| Total Equity | -$6.3M | -$5.96M | -$7.59M | -$6.23M | -$4.19M | -$30.21M | -$24.07M | -$17.42M | -$10.02M | $3.47M | $16.32M | $25.19M | $6.63M | $4.39M | $10.02M | $6.58M | $9.41M | $10.06M | $14.83M | $15.52M | $14.39M | $9.16M | $18.04M | $19.99M | -$4K |
| Minority Interest | -$4K | -$10K | $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 | $698K | $1.02M | $1.45M | $2.04M | $3.51M | $589K | $1.48M | $1.99M | $3.44M | $5.61M | $20.44M | $26.18M | $20.01M | $6.2M | $13.35M | $14.4M | $10.23M | $10.52M | $15.71M | $16.32M | $17.32M | $11.2M | $19.83M | $21.16M | $0 |
| Supplementary Data | |||||||||||||||||||||||||
| Total Debt | $2.98M | $3.18M | $3.03M | $2.23M | $1.74M | $23.8M | $20.37M | $13.93M | $9.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $365K | $879K | $1.67M | $1.18M | $989K | $0 |
| Net Debt | $2.73M | $2.88M | $2.95M | $2.21M | $1.06M | $23.7M | $19.78M | $13.88M | $9.35M | -$1.17M | -$14.18M | -$17.39M | -$15.7M | -$1.22M | -$7.71M | -$8.09M | -$3.24M | -$2.8M | -$352K | -$274K | -$6M | $1.66M | $1.01M | $271K | $0 |
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 | -$5.43M | -$4.76M | -$3.1M | -$3.55M | -$5.54M | -$6.68M | -$6.92M | -$8.15M | -$13.52M | -$24.43M | -$24.5M | -$10.24M | -$27.7M | -$12.57M | -$15.42M | -$18.55M | -$12.32M | -$10.27M | -$10.01M | -$8.87M | -$11.76M | -$4.34M | -$3.63M | -$7.12M | -$130K | -$12K |
| Depreciation & Amortization | $2K | $7K | $9K | $11K | $13K | $242K | $685K | $685K | $687K | $684K | $684K | $680K | $677K | $677K | $678K | $680K | $680K | $680K | $680K | $2.53M | $4.92M | $1.92M | $1.29M | $180K | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$63K | $0 | $0 | $0 | $0 | $0 | -$147K | -$6.56M | $14.67M | -$1.77M | $13.42M | -$2.14M | $0 | $0 | -$2.34M | -$1.86M | -$16K | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $1.24M | $1.28M | $3K | $3K | $24K | $135K | $23K | $80K | $0 | $20K | $671K | $534K | $142K | $183K | $4.65M | $3.76M | $871K | $1.95M | $2.34M | $1.86M | $16K | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||
| Accounts Receivable | $0 | $476 | -$82 | $4K | -$1K | $50K | $5K | $528K | $217K | $518K | $1.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | -$4K | $1K | -$50K | -$5K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$22K | -$73K | $0 | $0 | $0 |
| Accounts Payable | -$390K | -$569K | -$418K | $807K | $331K | -$170K | -$2.19M | $42K | $1.8M | $33K | $1.45M | $92K | $105K | $142K | -$317K | $198K | -$47K | -$188K | $390K | -$25K | -$64K | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $1.28M | $711K | $891K | -$361K | $4.14M | $2.31M | $2.14M | $2.14M | $684K | -$1.79M | $3.68M | -$668K | -$104K | $106K | -$770K | $324K | $462K | -$181K | $31K | $47K | $145K | -$85K | $443K | $0 | $0 | $0 |
| Total Working Capital Change | $892K | $143K | $473K | $446K | $4.47M | $2.14M | -$47K | $2.18M | $2.48M | -$1.76M | $5.13M | -$577K | $2K | $249K | -$1.09M | $523K | $416K | -$369K | $421K | $22K | $81K | -$106K | $371K | $138K | $4K | $0 |
| Other Non-Cash Items | -$26K | $47K | $45K | $53K | $81K | $74K | $71K | $80K | -$642K | $3.56M | $755K | $2.32M | $2.31M | $1.97M | -$19.43M | $2M | $1.76M | $891K | $3.06M | $2.05M | $2.97M | $216K | $456K | $6.44M | $126K | $12K |
| Net Cash from Operating | -$3.33M | -$3.28M | -$2.57M | -$3.04M | -$1.01M | -$4.09M | -$6.19M | -$5.2M | -$10.35M | -$21.94M | -$17.41M | -$13.85M | -$9.89M | -$11.26M | -$17.2M | -$13.73M | -$8.6M | -$7.12M | -$5.85M | -$4.27M | -$3.78M | -$2.31M | -$1.52M | -$369K | $0 | $0 |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | -$2 | $0 | $0 | $0 | $0 | $0 | -$30K | $0 | -$6K | -$71K | -$7K | -$16K | -$6K | $0 | -$6K | $0 | -$22K | -$22K | -$14K | -$396 | -$3K | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$19.48M | $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 | $0 | -$3.99M | -$19.72M | -$17.32M | $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 | $8M | $19.48M | $11M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19.48M | $75 | $0 | $0 | $180K | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$30K | $0 | -$6K | -$71K | -$7K | -$16K | -$6K | $0 | -$6K | $4.01M | -$256K | -$6.34M | -$14K | -$396 | $177K | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | -$63K | - | -$4.48M | -$9.31M | - | - | - | - | - | - | - | - | - | - | - | -$2.57M | -$250K | -$566K | -$1.82M | - | - |
| Common Stock Issuance | $850K | $300K | $0 | $0 | $962K | $419K | $269K | $80K | $2K | $3.64M | $13.65M | $11.12M | $18.42M | $4.79M | $9.76M | $6.77M | $6.52M | $0 | $5.82M | $4.37M | $8.68M | $2.17M | $292K | $2.49M | $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 | -$48K | $0 | $0 |
| 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 |
| Other Financing Activities | $0 | $0 | $0 | $1.37M | $1.11M | $419K | $269K | $674K | $12K | -$711K | $550K | $4.49M | $3.43M | $0 | $7.07M | $2.91M | $2.52M | $2.64M | $0 | $0 | -$70K | -$101K | -$70K | -$232K | $0 | $0 |
| Net Cash from Financing | $3.09M | $2.75M | $2.19M | $1.37M | $4.02M | $3.6M | $6.75M | $5.15M | $9.32M | $8.92M | $14.2M | $15.61M | $24.37M | $4.79M | $16.83M | $18.58M | $9.04M | $2.64M | $5.82M | $4.37M | $10.67M | $2.16M | $789K | $1.09M | $0 | $0 |
| Forex Effect | $550 | -$847 | -$24K | -$2K | -$1K | -$8K | -$24K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$238K | -$537K | -$405K | -$1.68M | $3.01M | -$493K | $540K | -$55K | -$1.06M | -$13.01M | -$3.21M | $1.7M | $14.47M | -$6.48M | -$380K | $4.85M | $441K | -$467K | -$286K | -$6.24M | $6.87M | -$153K | -$554K | $718K | $0 | $0 |
| Supplementary Data | ||||||||||||||||||||||||||
| Operating Cash Flow | -$3.33M | -$3.28M | -$2.57M | -$3.04M | -$1.01M | -$4.09M | -$6.19M | -$5.2M | -$10.35M | -$21.94M | -$17.41M | -$13.85M | -$9.89M | -$11.26M | -$17.2M | -$13.73M | -$8.6M | -$7.12M | -$5.85M | -$4.27M | -$3.78M | -$2.31M | -$1.52M | -$369K | $0 | $0 |
| Capital Expenditure | $0 | $0 | -$2 | $0 | $0 | $0 | $0 | $0 | -$30K | $0 | -$6K | -$71K | -$7K | -$16K | -$6K | $0 | -$6K | $0 | -$22K | -$22K | -$14K | -$396 | -$3K | $0 | $0 | $0 |
| Free Cash Flow | -$3.33M | -$3.28M | -$2.57M | -$3.04M | -$1.01M | -$4.09M | -$6.19M | -$5.2M | -$10.38M | -$21.94M | -$17.42M | -$13.92M | -$9.9M | -$11.27M | -$17.21M | -$13.73M | -$8.6M | -$7.12M | -$5.87M | -$4.3M | -$3.8M | -$2.32M | -$1.52M | -$369K | $0 | $0 |
| Cash at Beginning | $490K | $1.03M | $1.43M | $3.11M | $97K | $591K | $51K | $106K | $1.17M | $14.18M | $17.39M | $15.7M | $1.22M | $7.71M | $8.09M | $3.24M | $2.8M | $3.26M | $638K | $6.88M | $11K | $164K | $718K | $0 | $0 | $0 |
| Cash at End | $251K | $490K | $1.03M | $1.43M | $3.11M | $97K | $591K | $51K | $106K | $1.17M | $14.18M | $17.39M | $15.7M | $1.22M | $7.71M | $8.09M | $3.24M | $2.8M | $352K | $638K | $6.88M | $11K | $164K | $718K | $0 | $0 |