Red Metal Resources Ltd. (RMESF)
Red Metal Resources Ltd. is a mineral exploration company, which engages in the acquisition and exploration of mineral properties. It holds interests in the Farellon and Perth projects located on the Carrizal Property, and the Mateo project located on the Mateo Property. It operates through the Chile and Canada geographical segments. The company was founded on January 10, 2005 and is headquartered in Vancouver, Canada.
Sector: Industrial Materials
Industry: Industrial Materials
Red Metal Resources Ltd.
OTC:RMESFBasic Materials · Industrial Materials
Mkt Cap-
Float42.66M
O/S61.01M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$740K
Total Assets$1.16M
Free Cash Flow-$298K
Debt & Equity
Debt 3369%
Total Debt$1.63M
Total Equity-$1.58M
Shares Outstanding
Short Interest
Split History2 splits · 1 reverse
- 1:3Reverse splitMay 23, 20243 shares → 1
- 13:1Forward splitJul 2, 20071 share → 13
Balance Sheet Details
Assets$1.16M
Liabilities$2.74M
Accounts Receivable$37K
Accounts Payable$145K
Inventory$0
PP&E (Net)$750K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 | 2017-01-31 | 2016-01-31 | 2015-01-31 | 2014-01-31 | 2013-01-31 | 2012-01-31 | 2011-01-31 | 2010-01-31 | 2009-01-31 | 2008-01-31 | 2007-01-31 | 2006-01-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $397 | $6K | $0 | $0 | $0 | $10K | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | -92.9% | - | - | - | - | - | - | - | - |
| Cost of Revenue | $6K | $8K | $11K | $13K | $6K | $3K | $234 | $348 | $506 | $636 | $804 | $1K | $0 | $226K | $873K | $21K | $144K | $726K | $41K | $10K | $0 |
| Gross Profit | -$6K | -$8K | -$11K | -$13K | -$6K | -$3K | -$234 | -$347 | -$505 | -$636 | -$804 | -$1K | $397 | $6K | -$873K | -$21K | -$144K | -$716K | -$41K | -$10K | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | 100.0% | 100.0% | - | - | - | -7344.1% | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $233K | $492K | $241K | $536K | $857K | $227K | $197K | $192K | $157K | $203K | $280K | $426K | $313K | $437K | $1.14M | $430K | $343K | $618K | $127K | $25K | $3K |
| Other | $393K | $0 | $52K | $537K | $219K | $24K | $48K | -$36K | $16K | -$44K | -$84K | -$119K | -$312K | -$51K | -$47K | $9K | -$17K | -$605K | $6K | -$5K | $0 |
| Total Operating Expenses | $626K | $492K | $292K | $1.07M | $1.08M | $251K | $245K | $156K | $173K | $160K | $195K | $308K | $306 | $386K | $1.09M | $443K | $326K | $14K | $133K | $21K | $3K |
| Operating Income (EBIT) | -$632K | -$437K | -$304K | -$941K | -$1.03M | -$199K | -$186K | -$152K | -$173K | -$160K | -$197K | -$309K | -$304K | -$606K | -$1.97M | -$464K | -$470K | -$1.19M | -$173K | -$30K | -$3K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | -76549.9% | -10878.2% | - | - | - | -12227.2% | - | - | - |
| Interest Expense | $184K | $156K | $135K | $116K | $84K | $59K | $43K | $56K | $77K | $72K | $54K | $47K | $54K | $118K | $73K | $27K | $42K | $22K | $197 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$109K | -$209K | -$150K | -$325K | -$123K | $31K | -$43K | $56K | -$47K | -$62K | -$139K | -$24K | $42K | -$177K | -$125K | -$28K | -$64K | -$22K | -$696 | $0 | -$7K |
| Income Before Tax (EBT) | -$740K | -$645K | -$454K | -$1.27M | -$1.15M | -$150K | -$229K | -$95K | -$220K | -$223K | -$336K | -$333K | -$263K | -$782K | -$2.09M | -$491K | -$535K | -$1.21M | -$174K | -$30K | -$9K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $118K | $0 | $0 | $540K | $231 | $188 | $37K | $0 |
| Net Income | -$740K | -$636K | -$454K | -$1.26M | -$1.15M | -$150K | -$303K | -$125K | -$220K | -$289K | -$336K | -$333K | -$263K | -$782K | -$2.09M | -$480K | -$540K | -$1.22M | -$166K | -$37K | -$9K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | -66096.9% | -14048.3% | - | - | - | -12460.8% | - | - | - |
| Supplementary Data | |||||||||||||||||||||
| EPS | -0.03 | -0.03 | -0.03 | -0.10 | -0.11 | -0.01 | -0.03 | -0.01 | -0.03 | -0.03 | -0.05 | -0.05 | -0.05 | -0.19 | -0.33 | -0.07 | -0.02 | -0.05 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.03 | -0.03 | -0.03 | -0.10 | -0.11 | -0.01 | -0.03 | -0.01 | -0.03 | -0.03 | -0.05 | -0.05 | -0.05 | -0.19 | -0.33 | -0.07 | -0.02 | -0.05 | -0.00 | -0.00 | -0.00 |
| Weighted Average OS | 40.34M | 28.47M | 18.29M | 17.97M | 15.06M | 13.74M | 12.50M | 12.50M | 11.57M | 11.45M | 11.19M | 11.01M | 8.34M | 5.96M | 8.99M | 10.10M | 34.02M | 34.02M | 62.35M | 77.35M | 71.75M |
| EBITDA | -$551K | -$475K | -$195K | -$1.13M | -$1.06M | -$182K | -$179K | -$152K | -$157K | -$152K | -$281K | -$335K | $2K | -$664K | -$1.98M | -$464K | -$493K | -$1.19M | -$174K | -$30K | -$9K |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | 576.1% | -11924.3% | - | - | - | -12227.2% | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 | 2017-01-31 | 2016-01-31 | 2015-01-31 | 2014-01-31 | 2013-01-31 | 2012-01-31 | 2011-01-31 | 2010-01-31 | 2009-01-31 | 2008-01-31 | 2007-01-31 |
| Assets | ||||||||||||||||||||
| Current Assets | ||||||||||||||||||||
| Cash and Cash Equivalents | $324K | $189K | $18K | $15K | $338K | $43K | $7K | $6K | $2K | $5K | $2K | $3K | $3K | $2K | $17K | $6K | $6K | $23K | $1K | $13K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $324K | $189K | $18K | $15K | $338K | $43K | $7K | $6K | $2K | $5K | $2K | $3K | $3K | $2K | $17K | $6K | $6K | $23K | $1K | $13K |
| Accounts Receivable | $37K | $3K | $2K | $3K | $8K | $398 | $5K | $2K | $6K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | -$708 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $308 | -$5K | -$2K | -$6K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $0 | $0 |
| Total Current Assets | $412K | $254K | $72K | $105K | $447K | $44K | $11K | $7K | $7K | $10K | $7K | $4K | $3K | $3K | $50K | $33K | $19K | $38K | $1K | $13K |
| Long-Term Assets | ||||||||||||||||||||
| Property, Plant & Equipment Net | $750K | $711K | $527K | $615K | $601K | $664K | $615K | $685K | $612K | $549K | $461K | $585K | $672K | $617K | $581K | $472K | $489K | $662K | $0 | $0 |
| Goodwill | $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 |
| Long-Term Investments | $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 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | -$150K | $0 | $0 | -$130K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $750K | $711K | $527K | $615K | $601K | $664K | $466K | $685K | $612K | $419K | $461K | $585K | $672K | $617K | $581K | $472K | $489K | $662K | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.16M | $964K | $599K | $720K | $1.05M | $708K | $477K | $695K | $620K | $429K | $468K | $590K | $675K | $620K | $630K | $505K | $508K | $699K | $1K | $13K |
| Liabilities | ||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||
| Accounts Payable | $145K | $146K | $124K | $76K | $8K | $72K | $163K | $154K | $341K | $363K | $357K | $308K | $234K | $216K | $148K | $140K | $98K | $65K | $32K | $1K |
| Short-Term Debt | $688K | $363K | $1.82M | $1.57M | $11K | $11K | $23K | $19K | $1.1M | $934K | $701K | $574K | $245K | $238K | $0 | $444K | $0 | $413K | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $43K | $0 | $334K | $43K | $27K | -$5K | $18 | $1.12M | -$1.06M | $1.04M | -$848K | $291K | $0 | $169K | -$444K | $0 | -$413K | $23K | $0 |
| Total Current Liabilities | $1.69M | $1.07M | $2.41M | $2.01M | $176K | $149K | $313K | $270K | $2.65M | $1.85M | $2.12M | $1.34M | $1.2M | $1.49M | $1.05M | $651K | $245K | $894K | $84K | $1K |
| Long-Term Liabilities | ||||||||||||||||||||
| Long-Term Debt | $941K | $1.09M | $0 | $0 | $1.22M | $778K | $510K | $437K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
| Other Long-Term Liabilities | $108K | $100K | $99K | $113K | $108K | $83K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $1.05M | $1.19M | $99K | $113K | $1.33M | $861K | $510K | $437K | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.74M | $2.26M | $2.51M | $2.13M | $1.51M | $1.01M | $823K | $707K | $2.65M | $1.85M | $2.12M | $1.34M | $1.2M | $1.49M | $1.05M | $651K | $245K | $894K | $84K | $1K |
| Stockholders' Equity | ||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $7.03M | $6.65M | $5.82M | $5.82M | $5.52M | $3.57M | $29K | $27K | $31K | $32K | $24K | $30K | $26K | $13K | $12K | $7K | $7K | $4K | $38K | $5K |
| Retained Earnings | -$11.74M | -$11M | -$10.36M | -$9.91M | -$8.65M | -$5.86M | -$6.82M | -$6.59M | -$8.02M | -$8.24M | -$6.07M | -$7.26M | -$5.94M | -$5.06M | -$4.27M | -$2.18M | -$1.81M | -$1.47M | $0 | -$48K |
| Comprehensive Income & Other | -$255K | -$273K | -$276K | $2.68M | -$205K | -$126K | -$53K | $5K | -$18K | $24K | $53K | $12K | $41K | -$78K | -$62K | -$51K | -$44K | -$19K | -$207K | $10K |
| Other Stockholders' Equity | $3.12M | $3.05M | $2.63M | $2.68M | $2.67M | $1.71M | $6.45M | $6.39M | $5.96M | $6.35M | $4.86M | $6.11M | $5.26M | $4.17M | $3.84M | $2.03M | $2.07M | $1.27M | -$121K | $55K |
| Total Equity | -$1.58M | -$1.29M | -$1.91M | -$1.41M | -$458K | -$583K | -$346K | -$178K | -$2.03M | -$1.86M | -$1.18M | -$1.12M | -$662K | -$869K | -$419K | -$146K | $264K | -$195K | -$83K | $12K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.16M | $964K | $599K | $720K | $1.05M | $426K | $477K | $529K | $620K | -$12K | $939K | $223K | $536K | $620K | $630K | $505K | $508K | $699K | $1K | $13K |
| Supplementary Data | ||||||||||||||||||||
| Total Debt | $1.63M | $1.45M | $1.82M | $1.57M | $1.11M | $1.01M | $532K | $456K | $1.1M | $934K | $701K | $574K | $245K | $238K | $0 | $444K | $0 | $413K | $0 | $0 |
| Net Debt | $1.31M | $1.26M | $1.81M | $1.55M | $770K | $966K | $525K | $450K | $1.1M | $929K | $699K | $571K | $242K | $236K | -$17K | $438K | -$6K | $390K | -$1K | -$13K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 | 2017-01-31 | 2016-01-31 | 2015-01-31 | 2014-01-31 | 2013-01-31 | 2012-01-31 | 2011-01-31 | 2010-01-31 | 2009-01-31 | 2008-01-31 | 2007-01-31 | 2006-01-31 |
| Operating Activities | |||||||||||||||||||||
| Net Income | -$740K | -$636K | -$454K | -$1.26M | -$1.15M | -$145K | -$303K | -$125K | -$258K | -$289K | -$510K | -$483K | -$314K | -$785K | -$2.09M | -$480K | -$540K | -$1.22M | -$166K | -$37K | -$9K |
| Depreciation & Amortization | $6K | $7K | $11K | $13K | $6K | $3K | $234 | $460 | $506 | $636 | $1K | $2K | $3K | $3K | $2K | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $33K | $0 | $1K | $247K | $0 | $0 | $0 | $0 | $0 | $0 | $129K | $0 | $0 | $376K | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$25 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $143K | $0 | $0 | $0 |
| Accounts Payable | $16K | $31K | $45K | $39K | -$10K | $44K | $39K | $2K | $29K | $24K | $28K | $13K | $24K | $68K | $7K | $48K | $42K | $26K | $32K | $0 | $0 |
| Other Working Capital | $321K | $84K | $134K | $163K | $50K | $47K | $56K | $1K | $67K | $100K | $186K | $124K | $248K | $487K | $306K | $281K | $285K | $97K | $55K | $0 | -$619 |
| Total Working Capital Change | $337K | $115K | $179K | $202K | $40K | $91K | $95K | $3K | $96K | $124K | $215K | $137K | $272K | $555K | $313K | $329K | $327K | $266K | $87K | $1K | -$619 |
| Other Non-Cash Items | $100K | $140K | $149K | $118K | $74K | -$62K | $57K | -$78K | $54K | $64K | $157K | -$22K | -$99K | $81K | $11K | $0 | $23K | $164K | -$2K | $8K | $9K |
| Net Cash from Operating | -$298K | -$341K | -$115K | -$915K | -$787K | -$113K | -$150K | -$200K | -$108K | -$100K | -$137K | -$236K | -$138K | -$146K | -$1.39M | -$151K | -$191K | -$785K | -$81K | -$28K | -$891 |
| Investing Activities | |||||||||||||||||||||
| Capital Expenditures | $0 | -$4K | $0 | -$40K | $0 | -$25K | -$47K | -$97K | -$32K | -$47K | -$59K | -$23K | -$62K | -$99K | -$121K | -$13K | -$45K | -$826K | $0 | $0 | -$7K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | -$294K | $0 | $0 | $0 | $0 | $0 | $0 | $45K | $60K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | -$4K | $0 | -$40K | -$294K | -$25K | -$47K | -$97K | -$32K | -$47K | -$59K | $22K | -$2K | -$99K | -$121K | -$13K | -$45K | -$826K | $0 | $0 | -$7K |
| Financing Activities | |||||||||||||||||||||
| Debt Repaid | -$110K | -$212K | -$119K | -$327K | -$28K | -$251K | -$152K | -$99K | -$115K | -$151K | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $175K | $0 | $0 | $0 | $0 | $0 | $193K | $1.32M | $96K | $124K | $1.14M | $71K | $0 | $44K |
| Common Stock Repurchases | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $324K | $303K | $0 | $304K | $1.06M | -$50K | $49K | $32K | $19K | $0 | $0 | $0 | $0 | $0 | $219K | $78K | $0 | $509K | $0 | $0 | $0 |
| Net Cash from Financing | $434K | $515K | $119K | $631K | $1.08M | $181K | $201K | $307K | $135K | $151K | $200K | $121K | $64K | $246K | $1.53M | $175K | $249K | $1.65M | $71K | $0 | $44K |
| Forex Effect | $195 | $105 | -$849 | $503 | $2K | -$21K | -$3K | -$4K | $128 | $1K | -$6K | $94K | $76K | -$16K | -$11K | -$10K | -$27K | -$19K | $0 | $0 | -$2K |
| Net Change in Cash | $136K | $170K | $4K | -$323K | $295K | $27K | $1K | $6K | -$5K | $5K | -$2K | $844 | $284 | -$15K | $11K | $502 | -$14K | $21K | -$10K | -$28K | $35K |
| Supplementary Data | |||||||||||||||||||||
| Operating Cash Flow | -$298K | -$341K | -$115K | -$915K | -$787K | -$155K | -$150K | -$200K | -$108K | -$100K | -$137K | -$236K | -$138K | -$146K | -$1.39M | -$151K | -$191K | -$785K | -$81K | -$28K | -$891 |
| Capital Expenditure | $0 | -$4K | $0 | -$40K | -$4 | -$25K | -$47K | -$97K | -$32K | -$47K | -$59K | -$23K | -$62K | -$99K | -$121K | -$13K | -$45K | -$826K | $0 | $0 | -$7K |
| Free Cash Flow | -$298K | -$344K | -$115K | -$955K | -$787K | -$180K | -$197K | -$297K | -$140K | -$147K | -$196K | -$259K | -$200K | -$245K | -$1.51M | -$165K | -$235K | -$1.61M | -$81K | -$28K | -$8K |
| Cash at Beginning | $189K | $18K | $15K | $338K | $43K | $9K | $8K | $2K | $7K | $2K | $4K | $3K | $3K | $17K | $6K | $6K | $20K | $2K | $11K | $41K | $0 |
| Cash at End | $324K | $189K | $18K | $15K | $338K | $43K | $9K | $8K | $2K | $7K | $2K | $4K | $3K | $2K | $17K | $6K | $6K | $23K | $1K | $13K | $35K |