REGIONAL HEALTH PROPERTIES, INC (RHEP)
Regional Health Properties, Inc. (RHEP) functions as an independently managed real estate investment company, operating through its subsidiaries. Its core investment strategy centers on properties specifically developed for long-term care and senior living. The company's business model primarily involves renting out these facilities to external operators, who are then responsible for their management. These locations provide a comprehensive array of healthcare services to their residents and patients, including skilled nursing, assisted living, social services, various therapeutic interventions, and other rehabilitative and medical support for both short- and long-term stays. As of December 31, 2021, RHEP's portfolio encompassed 24 facilities—either owned, leased, or managed—predominantly situated across the Southeastern United States. Founded in 1991, the firm maintains its headquarters in Suwanee, Georgia.
Sector: Lessors of Real Property, NEC
Industry: Medical - Care Facilities
Regional Health Properties, Inc.
OTC:RHEPHealthcare · Medical - Care Facilities
+2.00%$1.02
Mkt Cap$4M
Float2.46M
O/S3.92M
Inst Own-
SI0.3%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$53.16M
Net Income$3.37M
Total Assets$68.55M
Free Cash Flow-$3K
Debt & Equity
Debt 63%
Equity 8%
Preferred 29%
Total Debt$42.48M
Total Equity$5.04M
Preferred Stock$19.5M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in RHEP's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$68.55M
Liabilities$63.51M
Accounts Receivable$8.67M
Accounts Payable$6.99M
Inventory$1K
PP&E (Net)$36K
Goodwill$2K
Intangible Assets$5K
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Revenue | $53.16M | $18.34M | $17.16M | $35.92M | $26.69M | $17.58M | $20.13M | $22.05M | $25.15M | $27.6M | $18.4M | $3.33M | $185.75M | $194.08M | $138.21M | $50.79M | $26.69M | $24.79M | $23.67M | $22.55M | $21.9M | $18.29M | $16.45M |
| YoY Growth | 189.9% | 6.8% | -52.2% | 34.6% | 51.8% | -12.7% | -8.7% | -12.3% | -8.9% | 50.0% | 453.4% | -98.2% | -4.3% | 40.4% | 172.1% | 90.3% | 7.7% | 4.8% | 5.0% | 3.0% | 19.8% | 11.2% | - |
| Cost of Revenue | $38.55M | $10.04M | $9.17M | $25.95M | $16.38M | $7.23M | $7.31M | $9.32M | $9.32M | $8.69M | $5.76M | $1.51M | $158.89M | $167.77M | $119.01M | $40.61M | $15.37M | $15.65M | $14.76M | $14.28M | $13.6M | $11.25M | $0 |
| Gross Profit | $14.61M | $8.3M | $8M | $9.98M | $10.31M | $10.35M | $12.83M | $12.72M | $15.83M | $18.91M | $12.64M | $1.81M | $26.86M | $26.31M | $19.2M | $10.18M | $11.32M | $9.14M | $8.91M | $8.27M | $8.3M | $7.04M | $16.45M |
| Gross Margin | 27.5% | 45.3% | 46.6% | 27.8% | 38.6% | 58.9% | 63.7% | 57.7% | 63.0% | 68.5% | 68.7% | 54.5% | 14.5% | 13.6% | 13.9% | 20.0% | 42.4% | 36.9% | 37.6% | 36.7% | 37.9% | 38.5% | 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 |
| Selling, General, and Administrative | $12K | $5.41M | $5.41M | $4.65M | $3.93M | $3.37M | $3.19M | $3.69M | $3.85M | $7.71M | $10.54M | $15.7M | $21.57M | $17.05M | $14.73M | $10.79M | $0 | $0 | $7.75M | $7.11M | $6.73M | $5.52M | $0 |
| Other | $14.89M | $2.73M | $3.4M | $12.15M | $3.85M | $4.68M | $4.17M | $9.82M | $6.84M | $6.67M | $9.74M | $10.31M | $6.92M | $6.54M | $3.36M | $1.26M | $9.55M | $9.13M | $847K | $748K | $806K | $754K | $0 |
| Total Operating Expenses | $14.9M | $8.14M | $8.82M | $16.8M | $7.78M | $8.05M | $7.37M | $13.52M | $10.69M | $14.39M | $20.28M | $26.01M | $28.49M | $23.59M | $18.09M | $12.06M | $9.55M | $9.13M | $8.59M | $7.86M | $7.53M | $6.27M | $0 |
| Operating Income (EBIT) | -$180K | $161K | -$821K | -$6.82M | $2.53M | $2.29M | $5.46M | -$792K | $5.14M | $4.52M | -$7.64M | -$24.2M | -$1.63M | $2.72M | $1.11M | -$1.87M | $1.77M | $12K | $312K | $408K | $766K | $763K | $0 |
| Operating Margin | -0.3% | 0.9% | -4.8% | -19.0% | 9.5% | 13.0% | 27.1% | -3.6% | 20.4% | 16.4% | -41.5% | -727.8% | -0.9% | 1.4% | 0.8% | -3.7% | 6.6% | 0.0% | 1.3% | 1.8% | 3.5% | 4.2% | - |
| Interest Expense | $2.67M | $2.71M | $2.75M | $2.53M | $2.67M | $2.78M | $5.26M | $5.93M | $4.09M | $7.15M | $8.46M | $10.68M | $12.35M | $12.69M | $7.38M | $2.37M | $1.21M | $1.3M | $1.05M | $2.49M | $1.6M | $840K | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18K | $5K | $23K | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $3.55M | -$3.38M | -$3.07M | -$2.44M | -$3.71M | -$2.9M | -$588K | -$11.21M | -$4.63M | $1.28M | -$10.06M | -$13.86M | -$10.34M | -$16.01M | -$7.29M | -$479K | -$1.25M | -$861K | -$1.12M | -$2.49M | -$1.58M | -$763K | $0 |
| Income Before Tax (EBT) | $3.37M | -$3.22M | -$3.89M | -$9.27M | -$1.18M | -$604K | $4.87M | -$12.01M | $506K | $5.8M | -$17.7M | -$38.06M | -$11.97M | -$13.29M | -$6.18M | -$2.35M | $523K | -$848K | -$806K | $0 | $0 | $0 | $0 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$38K | -$188K | -$163K | $110K | $131K | $142K | $97K | $215K | $21K | $43K | $170K | -$178K | $0 | $0 | $0 | $0 |
| Net Income | $3.37M | -$3.22M | -$3.89M | -$6.87M | -$1.18M | -$688K | $5.5M | -$11.89M | -$985K | -$7.46M | -$23.52M | -$13.6M | -$12.57M | -$6.88M | -$6.16M | -$2.74M | $440K | -$1.08M | -$219K | -$2.44M | -$884K | $65K | $15K |
| Net Income Margin | 6.3% | -17.6% | -22.7% | -19.1% | -4.4% | -3.9% | 27.3% | -54.0% | -3.9% | -27.0% | -127.8% | -409.0% | -6.8% | -3.5% | -4.5% | -5.4% | 1.6% | -4.3% | -0.9% | -10.8% | -4.0% | 0.4% | 0.1% |
| Supplementary Data | |||||||||||||||||||||||
| EPS | 1.09 | -1.73 | 21.05 | -8.93 | -5.87 | -5.74 | -2.07 | -11.86 | -5.20 | -8.88 | -17.52 | -9.84 | -11.28 | -4.26 | -7.08 | -4.34 | 1.20 | -2.90 | -0.52 | -11.30 | -6.32 | 0.41 | 0.10 |
| Diluted EPS | 1.09 | -1.73 | 21.05 | -8.93 | -5.87 | -5.74 | -2.07 | -11.86 | -5.20 | -8.88 | -17.52 | -9.84 | -11.28 | -4.26 | -7.08 | -4.34 | 0.98 | -2.90 | -0.52 | -11.32 | -6.32 | 0.41 | 0.10 |
| Weighted Average OS | 2,805 | 1.86M | 1.88M | 1.78M | 1.73M | 1.69M | 1.69M | 1.68M | 1.65M | 1.66M | 1.64M | 1.49M | 1.25M | 1.22M | 874,224 | 632,067 | 377,894 | 365,243 | 365,243 | 215,566 | 183,705 | 159,280 | 141,490 |
| EBITDA | $8.1M | $2.22M | $1.12M | -$1.93M | $4.08M | $5.07M | $13.58M | -$1.44M | $9.47M | $18.25M | -$1.89M | -$19.99M | $7.3M | $10.37M | $4.56M | -$613K | $2.65M | $1.34M | $1.16M | $1.16M | $1.57M | $1.52M | $16.45M |
| EBITDA Margin | 15.2% | 12.1% | 6.5% | -5.4% | 15.3% | 28.8% | 67.4% | -6.5% | 37.7% | 66.1% | -10.3% | -601.1% | 3.9% | 5.3% | 3.3% | -1.2% | 9.9% | 5.4% | 4.9% | 5.1% | 7.2% | 8.3% | 100.0% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Assets | ||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||
| Cash and Cash Equivalents | $3K | $582K | $953K | $843K | $6.79M | $4.19M | $4.38M | $2.41M | $1.82M | $14.04M | $2.72M | $10.73M | $19.37M | $15.94M | $7.36M | $3.91M | $4.48M | $1.27M | $927K | $2.14M | $1.4M | $1.45M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $210K | $198K | $0 | $0 |
| Cash and Short-Term Investments | $3K | $582K | $953K | $843K | $6.79M | $4.19M | $4.38M | $2.41M | $1.82M | $14.04M | $2.72M | $10.73M | $19.37M | $15.94M | $7.36M | $3.91M | $4.48M | $1.27M | $1.14M | $2.33M | $1.4M | $1.45M |
| Accounts Receivable | $8.67M | $6.26M | $5.35M | $10.3M | $10.76M | $9.2M | $8.48M | $8.21M | $8.02M | $6.16M | $8.8M | $24.29M | $23.6M | $26.83M | $18.78M | $11.22M | $2.05M | $2.29M | $2.4M | $2.24M | $2.19M | $1.41M |
| Inventory | $1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $12.56M | $13.22M | $13.82M | $3.07M | $3.06M | $3.31M | $3.65M | $6.28M | $960K | $1.6M | $10.42M | $20.22M | $15.28M | $8.68M | $1.93M | $2.89M | $721K | $0 | $0 | $5K | $9K | $6K |
| Total Current Assets | $21.24M | $20.06M | $20.13M | $14.21M | $21.01M | $17.21M | $17.03M | $17.3M | $11.61M | $23.21M | $23.75M | $56.93M | $59.97M | $53.17M | $29.76M | $19.26M | $7.68M | $4.03M | $3.99M | $4.92M | $3.81M | $3.07M |
| Long-Term Assets | ||||||||||||||||||||||
| Property, Plant & Equipment Net | $36K | $35.64M | $37.3M | $49.46M | $80.04M | $86.27M | $91.96M | $77.24M | $81.21M | $79.17M | $126.68M | $130.99M | $138.23M | $151.01M | $102.45M | $43.66M | $16.45M | $16.77M | $14.43M | $13.75M | $13.35M | $13.17M |
| Goodwill | $2K | $1.58M | $1.58M | $1.58M | $1.58M | $1.58M | $1.58M | $2.1M | $2.1M | $2.1M | $4.18M | $4.22M | $4.22M | $5.02M | $3.6M | $906K | $2.68M | $2.68M | $2.64M | $2.64M | $2.64M | $0 |
| Intangible Assets | $5K | $2.54M | $2.56M | $2.58M | $2.6M | $2.63M | $2.93M | $3.38M | $4.66M | $5.22M | $5.89M | $6.56M | $7.36M | $8.59M | $9.65M | $10.04M | $1.19M | $1.19M | $1.19M | $1.19M | $1.19M | $1.19M |
| Long-Term Investments | $1.42M | $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 | $0 |
| Other Long-Term Assets | $45.85M | $633K | $613K | $746K | $460K | $328K | $249K | $546K | $6.97M | $9.77M | $8.77M | $11.26M | $16.64M | $17.45M | $13.64M | $9.09M | $2.19M | $2.17M | $2.25M | $2.89M | $3.04M | $3.25M |
| Total Long-Term Assets | $47.31M | $40.4M | $42.06M | $54.37M | $84.69M | $90.81M | $96.73M | $83.27M | $94.94M | $96.27M | $145.52M | $153.03M | $166.46M | $182.08M | $129.34M | $63.7M | $22.5M | $22.81M | $20.5M | $20.47M | $20.22M | $17.61M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $68.55M | $60.47M | $62.18M | $68.58M | $105.7M | $108.03M | $113.76M | $100.57M | $106.55M | $119.49M | $169.27M | $209.96M | $226.43M | $235.24M | $159.1M | $82.96M | $30.18M | $26.84M | $24.49M | $25.39M | $24.03M | $20.68M |
| Liabilities | ||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||
| Accounts Payable | $6.99M | $3.69M | $2.49M | $3.29M | $3.75M | $3.01M | $3.7M | $4.36M | $4.39M | $3.04M | $8.74M | $16.43M | $23.78M | $20.3M | $12.07M | $3.41M | $1.04M | $1.01M | $3.48M | $3.8M | $3.35M | $3.02M |
| Short-Term Debt | $5.41M | $0 | $0 | $0 | $0 | $0 | $7.82M | $26.4M | $8.09M | $13.15M | $50.96M | $22.01M | $26.15M | $19.39M | $11.91M | $3.45M | $708K | $723K | $782K | $1.57M | $3.35M | $1.59M |
| Current Income Tax Payable | $0 | $3.92M | $3.08M | $2.43M | $1.39M | $491K | $883K | $851K | $423K | $557K | $411K | $1.33M | $1.54M | $1.25M | $982K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $43K | $192K | $41K | $46K | $138K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $3.87M | $8.23M | $7.97M | $0 | $0 | $0 | $0 | -$24.91M | $0 | $0 | $958K | $15.19M | $6.03M | $3.66M | $240K | $636K | $0 | $0 | $900K | $22K | $39K | $38K |
| Total Current Liabilities | $23.28M | $17.26M | $14.21M | $7.71M | $8.23M | $4.83M | $5.62M | $8.55M | $14.13M | $17.9M | $62.23M | $65.88M | $65.52M | $53.29M | $32.08M | $17.16M | $4.82M | $4.57M | $5.16M | $5.4M | $6.74M | $4.65M |
| Long-Term Liabilities | ||||||||||||||||||||||
| Long-Term Debt | $34.74M | $41.49M | $42.77M | $52.18M | $52.88M | $54.44M | $55.36M | $81.31M | $65.01M | $66.82M | $70.84M | $114.16M | $128.12M | $148.83M | $105.09M | $46.98M | $16.73M | $17.01M | $13.62M | $12.91M | $12.35M | $12.87M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $43K | $0 | $41K | $46K | $138K | $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 | $38K | $226K | $389K | $605K | $191K | $104K | $86K | $41K | $213K | $170K | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $3.16M | $2.66M | $2.11M | $1.75M | $2.13M | $1.77M | $1.77M | $4.55M | $9.5M | $11.04M | $4.93M | $5.54M | $5.3M | $8.81M | $6.35M | $4.17M | $344K | $299K | $560K | $2.01M | $1.81M | $1.25M |
| Total Long-Term Liabilities | $40.23M | $46.13M | $47.79M | $57.15M | $87.07M | $92.09M | $96.39M | $85.87M | $74.55M | $78.08M | $76.16M | $120.3M | $133.61M | $157.75M | $111.53M | $51.19M | $17.28M | $17.48M | $14.18M | $14.92M | $14.16M | $14.12M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $63.51M | $63.38M | $62M | $64.86M | $95.3M | $96.92M | $102.02M | $94.42M | $88.68M | $95.99M | $138.39M | $186.18M | $199.13M | $211.03M | $143.61M | $68.35M | $22.1M | $22.05M | $19.34M | $20.32M | $20.91M | $18.78M |
| Stockholders' Equity | ||||||||||||||||||||||
| Preferred Stock | $19.5M | $19.03M | $19.03M | $62.42M | $62.42M | $62.42M | $62.42M | $62.42M | $62.42M | $61.45M | $54.71M | $20.39M | $20.44M | $9.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $67.3M | $63.17M | $63.06M | $62.7M | $62.52M | $62.04M | $61.99M | $61.9M | $61.72M | $61.64M | $60.96M | $61.9M | $48.37M | $41.64M | $35.05M | $0 | $0 | $14.77M | $0 | $0 | $0 | $0 |
| Retained Earnings | -$81.78M | -$85.12M | -$81.9M | -$121.41M | -$114.54M | -$113.36M | -$112.67M | -$118.17M | -$106.28M | -$99.59M | -$84.79M | -$56.07M | -$39.88M | -$25.75M | -$18.71M | -$12.55M | -$9.81M | -$10.25M | -$9.17M | -$8.95M | -$6.51M | -$5.47M |
| Comprehensive Income & Other | $22K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$149K |
| Other Stockholders' Equity | $19.52M | $19.03M | $19.03M | $62.42M | $62.42M | $62.42M | $62.42M | $62.42M | $62.42M | $61.45M | $54.71M | $20.39M | $20.44M | $9.16M | $0 | $26.61M | $17.57M | $0 | $14.06M | $13.86M | $9.4M | $6.96M |
| Total Equity | $5.04M | -$2.92M | $185K | $3.72M | $10.4M | $11.1M | $11.74M | $6.15M | $17.87M | $23.5M | $30.88M | $26.22M | $28.93M | $25.05M | $16.33M | $14.06M | $7.77M | $4.52M | $4.89M | $4.91M | $2.89M | $1.49M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.44M | -$1.63M | -$838K | -$841K | $547K | $309K | $269K | $255K | $160K | $235K | $410K |
| Total Liabilities and Equity | $68.55M | $60.47M | $62.18M | $68.58M | $105.7M | $108.03M | $113.76M | $100.57M | $106.55M | $119.49M | $169.27M | $212.4M | $228.06M | $236.08M | $159.94M | $82.41M | $29.87M | $26.57M | $24.24M | $25.23M | $23.79M | $20.27M |
| Supplementary Data | ||||||||||||||||||||||
| Total Debt | $42.48M | $43.96M | $45.68M | $55.4M | $84.94M | $90.32M | $94.63M | $107.71M | $73.1M | $79.97M | $121.8M | $136.17M | $154.27M | $168.21M | $117M | $50.42M | $17.43M | $17.73M | $14.41M | $14.48M | $15.7M | $14.47M |
| Net Debt | $42.47M | $43.38M | $44.73M | $54.56M | $78.14M | $86.14M | $90.24M | $105.3M | $71.28M | $65.92M | $119.08M | $125.44M | $134.9M | $152.28M | $109.64M | $46.51M | $12.95M | $16.47M | $13.48M | $12.35M | $14.3M | $13.01M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Operating Activities | ||||||||||||||||||||||
| Net Income | $3K | -$3.22M | -$3.89M | -$6.87M | -$1.18M | -$688K | $5.5M | -$11.89M | -$985K | -$7.46M | -$22.7M | -$14.4M | -$13.36M | -$7.54M | -$7.55M | -$2.37M | $480K | -$1.02M | -$219K | -$2.44M | -$884K | $65K |
| Depreciation & Amortization | $2.06M | $2.06M | $2.25M | $2.4M | $2.59M | $2.89M | $3.44M | $4.63M | $4.87M | $5.3M | $7.34M | $7.3M | $6.92M | $6.54M | $3.36M | $1.26M | $919K | $883K | $847K | $748K | $806K | $754K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$38K | -$188K | -$163K | $102K | $98K | $87K | $104K | $7K | $21K | $43K | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $233 | $114K | $357K | $233K | $481K | $49K | $92K | $176K | $267K | $1.13M | $942K | $1.16M | $1.1M | $891K | $806K | $840K | $320K | $641K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||
| Accounts Receivable | -$3.61M | -$1.72M | $3.54M | -$6.68M | $790K | -$1.08M | $465K | -$497K | $182K | -$545K | -$2.22M | $369K | -$3.57M | -$12.97M | -$9.33M | -$6.4M | $115K | $112K | -$163K | -$46K | -$469K | -$106K |
| Inventory | -$42K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $2.95M | $2.56M | -$1.78M | -$393K | $3.67M | $13K | -$339K | $1.24M | $665K | -$1.36M | -$1.55M | $1.95M | $4.29M | $11.41M | $8.94M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$892K | $1.98M | $1.81M | -$300K | $1.09M | $941K | $400K | $1.23M | $375K | $473K | -$1.07M | -$1.21M | -$82K | $420K | $343K | $6.29M | -$219K | $76K | -$504K | $573K | -$138K | -$167K |
| Total Working Capital Change | -$1.59M | $2.82M | $3.58M | -$7.37M | $5.55M | -$130K | $526K | $1.97M | $1.22M | -$1.43M | -$4.84M | $1.11M | $636K | -$1.15M | -$55K | -$158K | -$105K | $188K | -$667K | $526K | -$607K | -$273K |
| Other Non-Cash Items | -$2.73M | $163K | $1.41M | $8M | -$2.55M | -$830K | -$7.16M | $6.5M | -$39K | -$780K | $1.34M | -$1.48M | $9.69M | $2.6M | $5.43M | -$806K | $236K | -$254K | -$69K | $1.52M | $557K | -$168K |
| Net Cash from Operating | -$2.26M | $1.94M | $3.71M | -$3.6M | $4.89M | $1.29M | $2.4M | $1.35M | $5.14M | -$3.41M | -$17.81M | -$6.13M | $5.06M | $1.45M | $1.99M | -$1.22M | $1.89M | $439K | -$107K | $358K | -$128K | $378K |
| Investing Activities | ||||||||||||||||||||||
| Capital Expenditures | -$869 | -$530K | -$958K | -$281K | -$123K | -$450K | -$58K | -$338K | -$846K | -$1.5M | -$1.8M | -$4.14M | -$4.49M | -$5.62M | -$4.46M | -$1.14M | -$573K | -$477K | -$1.04M | -$474K | -$583K | -$683K |
| Acquisitions | $15.97M | $0 | $0 | $0 | $0 | $0 | $3.88M | $0 | $0 | $18.37M | $0 | $0 | $0 | -$61.9M | -$57.58M | -$11.42M | $1K | $0 | $0 | $0 | -$1.55M | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.38M | $0 | -$3.95M | $0 | -$6.91M | $0 | $0 | -$134K | -$275K | -$942K | -$11K | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.88M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$868K | $0 | $0 | $0 | $0 | $0 | $3.88M | $0 | -$1.42M | $25.63M | $15.59M | $4.25M | $8.27M | $8.35M | $837K | -$1.68M | -$275K | $329 | $532K | -$535K | $48K | $549K |
| Net Cash from Investing | $15.1M | -$530K | -$958K | -$281K | -$123K | -$450K | $3.82M | -$338K | -$2.27M | $24.13M | $9.85M | $116K | -$3.12M | -$59.16M | -$60.99M | -$14.36M | -$847K | -$1.42M | -$521K | -$1.01M | -$2.09M | -$134K |
| Financing Activities | ||||||||||||||||||||||
| Debt Repaid | $6.74M | $2.13M | $2.46M | $1.72M | $2.39M | $1.39M | $3.38M | -$226K | $11.4M | $6.56M | $14.33M | $1.94M | $1.74M | -$62.77M | -$56.55M | -$8.09M | $299K | -$1.16M | $415K | $2.77M | -$2.3M | - |
| Common Stock Issuance | $129K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $977K | $6.78M | $0 | $0 | $0 | $3.78M | $0 | $6.11M | $2.47M | $0 | $20K | $5.74M | $125K | $223K |
| Common Stock Repurchases | -$3.64M | $0 | $0 | -$46K | -$7K | $0 | $0 | $0 | -$186K | -$571K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $3.64M | $0 | -$17K | -$296K | -$21K | $0 | -$1.28M | -$109K | -$720K | -$1.71M | -$11.56M | -$41K | -$6.48M | -$9.08M | -$182K | -$1.02M | $108K | $159K | -$186K | -$1.39M | $0 | $0 |
| Net Cash from Financing | -$10.25M | -$2.13M | -$2.48M | -$2.06M | -$2.42M | -$1.39M | -$4.67M | $117K | -$17.03M | -$9.4M | -$54K | -$2.62M | $1.5M | $66.47M | $62.45M | $15.01M | $2.17M | $1.32M | -$581K | $1.58M | $2.16M | -$261K |
| Forex Effect | $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 | $2.59M | -$712K | $275K | -$5.94M | $2.36M | -$546K | $1.55M | $1.13M | -$14.15M | $11.32M | -$8.02M | -$8.64M | $3.44M | $8.57M | $3.45M | -$570K | $3.21M | $340K | -$1.21M | $928K | -$53K | -$18K |
| Supplementary Data | ||||||||||||||||||||||
| Operating Cash Flow | -$2K | $1.94M | $3.71M | -$3.6M | $4.89M | $1.29M | $2.4M | $1.35M | $5.14M | -$3.41M | -$17.81M | -$6.13M | $5.06M | $1.45M | $1.99M | -$1.22M | $1.89M | $439K | -$107K | $358K | -$128K | $378K |
| Capital Expenditure | -$869 | -$530K | -$958K | -$281K | -$123K | -$450K | -$58K | -$338K | -$846K | -$1.5M | -$1.8M | -$4.14M | -$4.52M | -$5.62M | -$4.25M | -$1.13M | -$573K | -$477K | -$1.04M | -$474K | -$583K | -$683K |
| Free Cash Flow | -$3K | $1.41M | $2.75M | -$3.88M | $4.77M | $845K | $2.34M | $1.01M | $4.3M | -$4.91M | -$19.61M | -$10.27M | $543K | -$4.17M | -$2.25M | -$2.35M | $1.32M | -$38K | -$1.15M | -$116K | -$711K | -$305K |
| Cash at Beginning | $3.47M | $4.18M | $3.91M | $9.85M | $7.49M | $8.04M | $6.49M | $5.36M | $19.51M | $2.72M | $10.73M | $19.37M | $15.94M | $7.36M | $3.91M | $4.48M | $1.27M | $927K | $2.14M | $1.21M | $1.26M | $1.47M |
| Cash at End | $6.06M | $3.47M | $4.18M | $3.91M | $9.85M | $7.49M | $8.04M | $6.49M | $5.36M | $14.04M | $2.72M | $10.73M | $19.37M | $15.94M | $7.36M | $3.91M | $4.48M | $1.27M | $927K | $2.14M | $1.21M | $1.45M |