Route1 Inc. (ROIUF)
Route1 Inc. provides engineering and professional services using data capture technologies in the United States, Canada, and internationally. The company offers smart communities solutions, such as parking enforcement, wanted vehicle detection, connecting communities, and threat detection, as well as enterprise solutions. It also provides operations optimization, technology life cycle maintenance and support, and end user and admin training. In addition, the company offers MobiKEY, a flagship software application; DEFIMNET, a service delivery platform; and PocketVault P-3X, which separates engineering services competitors. Route1 Inc. is headquartered in Scottsdale, Arizona.
Industry: Software - Application
Route1 Inc.
OTC:ROIUFTechnology · Software - Application
+22.00%$0.0854
Mkt Cap$4.48M
Float37.64M
O/S52.43M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$8.2M
Net Income-$250K
Total Assets$5.79M
Free Cash Flow$289K
Debt & Equity
Debt 114%
Total Debt$2.4M
Total Equity-$286K
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:10Reverse splitAug 13, 201910 shares → 1
Balance Sheet Details
Assets$5.79M
Liabilities$6.08M
Accounts Receivable$1.74M
Accounts Payable$2.92M
Inventory$236K
PP&E (Net)$378K
Goodwill$2.41M
Intangible Assets$898K
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2015-12-31 | 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 | 2003-10-31 | 2002-10-31 | 2001-10-31 | 2000-10-31 | 1999-10-31 | 1998-10-31 | 1997-10-31 |
| Revenue | $8.2M | $10.8M | $12.53M | $15.71M | $19.44M | $21.18M | $17.11M | $18.7M | $4.33M | $5.31M | $4.56M | $4.33M | $3.87M | $6.45M | $3.89M | $3.83M | $3.71M | $834K | $718K | $382K | $50K | $0 | $2.75M | $1.37M | $823K | $391K | $362K | $1.45M | $1.45M |
| YoY Growth | -24.1% | -13.8% | -20.3% | -19.2% | -8.2% | 23.7% | -8.5% | 332.1% | -18.5% | 16.4% | 5.3% | 11.9% | -40.0% | 65.9% | 1.6% | 3.1% | 345.5% | 16.1% | 88.1% | 658.4% | - | - | 100.6% | 66.4% | 110.3% | 8.2% | -75.1% | 0.2% | - |
| Cost of Revenue | $5.56M | $7.06M | $8.34M | $10.31M | $11.72M | $13.28M | $10.68M | $13.35M | $945K | $1.05M | $830K | $816K | $810K | $1.11M | $709K | $479K | $1.28M | $578K | $921K | $986K | $413K | $0 | $2.26M | $861K | $390K | $240K | $191K | $1.19M | $1.28M |
| Gross Profit | $2.64M | $3.74M | $4.19M | $5.41M | $7.72M | $7.89M | $6.44M | $5.35M | $3.38M | $4.26M | $3.73M | $3.52M | $3.06M | $5.34M | $3.18M | $3.35M | $2.44M | $255K | -$203K | -$604K | -$362K | $0 | $485K | $509K | $433K | $152K | $171K | $262K | $175K |
| Gross Margin | 32.2% | 34.7% | 33.4% | 34.4% | 39.7% | 37.3% | 37.6% | 28.6% | 78.2% | 80.2% | 81.8% | 81.2% | 79.1% | 82.7% | 81.8% | 87.5% | 65.6% | 30.6% | -28.3% | -158.2% | -719.8% | - | 17.7% | 37.1% | 52.7% | 38.7% | 47.3% | 18.0% | 12.0% |
| Research and Development | $110K | $129K | $104K | $494K | $646K | $544K | $434K | $521K | $691K | $845K | $696K | $652K | $766K | $795K | $596K | $1.3M | $1.31M | $1.39M | $1.6M | $1.61M | $1.18M | $455K | $108K | $230K | $163K | $112K | $46K | $172K | $129K |
| Selling, General, and Administrative | $3.38M | $4M | $4.54M | $5.13M | $6.75M | $6.89M | $5.65M | $4.5M | $2.87M | $3.15M | $2.81M | $2.57M | $2.62M | $2.59M | $3.57M | $2.17M | $2.94M | $2.66M | $3.31M | $4.28M | $2.73M | $1.2M | $879K | $487K | $402K | $422K | $228K | $956K | $318K |
| Other | -$540K | $0 | $0 | -$54K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.04M | -$545K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $2.95M | $4.12M | $4.64M | $5.62M | $7.4M | $7.44M | $6.09M | $5.02M | $3.56M | $3.99M | $3.51M | $3.22M | $3.38M | $3.39M | $4.17M | $3.55M | $4.33M | $4.2M | $5.11M | $6.09M | $4.13M | $1.71M | $1.05M | $793K | $623K | $570K | $294K | $1.17M | $475K |
| Operating Income (EBIT) | -$311K | -$381K | -$454K | -$269K | $423K | -$12K | $166K | -$5.02M | -$375K | $226K | $220K | $293K | -$319K | $1.95M | -$991K | -$204K | -$1.89M | -$3.88M | -$5.32M | -$6.7M | -$4.49M | -$1.71M | -$563K | -$284K | -$190K | -$418K | -$122K | -$910K | -$300K |
| Operating Margin | -3.8% | -3.5% | -3.6% | -1.7% | 2.2% | -0.1% | 1.0% | -26.8% | -8.7% | 4.3% | 4.8% | 6.8% | -8.2% | 30.3% | -25.5% | -5.3% | -51.0% | -465.7% | -740.4% | -1754.1% | -8921.8% | - | -20.5% | -20.7% | -23.1% | -106.8% | -33.8% | -62.6% | -20.7% |
| Interest Expense | $249K | $318K | $359K | $196K | $198K | $116K | $64K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5K | $14K | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $1K | $3K | $9K | $0 | $26K | $47K |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $179 | $0 | $0 | $0 | $12K | $417K | $3K | $9K | $58K | $48K | $44K | $34K | $15K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $85K | -$349K | -$430K | -$226K | -$273K | -$1.68M | -$1.23M | -$639K | -$60K | -$31K | -$111K | $43K | $74K | -$71K | -$371K | -$1.29M | -$694K | $0 | -$53K | $0 | $0 | -$136 | -$100K | $0 | $36K | $132K | $20K | -$26K | $0 |
| Income Before Tax (EBT) | -$226K | -$730K | -$884K | -$441K | $150K | -$1.22M | -$875K | -$310K | -$435K | $235K | $109K | $335K | -$245K | $1.54M | -$1.36M | -$1.24M | -$2.44M | $0 | -$5.37M | $0 | $0 | -$1.71M | -$663K | -$284K | -$154K | -$287K | -$103K | -$935K | $0 |
| Income Tax Expense | $24K | $27K | $31K | $784K | -$8K | -$2K | -$480K | $639K | $0 | $31K | -$410K | -$119K | $0 | $413K | $0 | $12K | -$9K | -$58K | -$48K | -$369K | $77K | -$20K | $2K | -$87 | -$2K | -$6K | -$7K | -$10K | $47K |
| Net Income | -$250K | -$757K | -$915K | -$1.22M | $158K | -$1.22M | -$395K | -$310K | -$435K | $235K | $519K | $454K | -$245K | $1.54M | -$1.36M | -$1.25M | -$2.43M | -$3.88M | -$5.32M | -$6.33M | -$4.57M | -$1.69M | -$665K | -$284K | -$152K | -$281K | -$95K | -$926K | -$348K |
| Net Income Margin | -3.0% | -7.0% | -7.3% | -7.8% | 0.8% | -5.7% | -2.3% | -1.7% | -10.0% | 4.4% | 11.4% | 10.5% | -6.3% | 23.8% | -35.0% | -32.7% | -65.4% | -465.7% | -741.1% | -1657.3% | -9074.1% | - | -24.2% | -20.7% | -18.5% | -71.8% | -26.3% | -63.7% | -24.0% |
| Supplementary Data | |||||||||||||||||||||||||||||
| EPS | -0.01 | -0.03 | -0.03 | -0.04 | 0.01 | -0.05 | -0.02 | -0.01 | -0.02 | 0.01 | 0.02 | 0.02 | -0.01 | 0.06 | -0.05 | -0.05 | -0.10 | -0.16 | -0.26 | -0.47 | -0.51 | -0.33 | -0.42 | -0.21 | -0.13 | -0.32 | -0.13 | -1.21 | -0.70 |
| Diluted EPS | -0.01 | -0.03 | -0.03 | -0.04 | 0.01 | -0.05 | -0.02 | -0.01 | -0.02 | 0.01 | 0.02 | 0.02 | -0.01 | 0.06 | -0.05 | -0.05 | -0.10 | -0.16 | -0.26 | -0.47 | -0.51 | -0.33 | -0.42 | -0.21 | -0.13 | -0.32 | -0.13 | -1.21 | -0.70 |
| Weighted Average OS | 46.87M | 42.50M | 42.50M | 39.82M | 39.55M | 35.50M | 36.42M | 36.37M | 34.75M | 35.51M | 36.76M | 38.06M | 38.20M | 38.40M | 38.87M | 38.22M | 35.04M | 34.99M | 28.67M | 18.69M | 12.67M | 7.16M | 2.21M | 1.88M | 1.71M | 1.25M | 1.06M | 1.07M | 700,000 |
| EBITDA | $226K | $253K | $386K | $731K | $1.29M | $931K | $967K | $167K | $97K | $595K | $529K | $554K | -$133K | $1.74M | -$873K | -$129K | -$1.64M | -$3.9M | -$4.93M | -$6.25M | -$4.15M | -$1.66M | -$505K | -$209K | -$135K | -$383K | -$103K | -$866K | -$272K |
| EBITDA Margin | 2.8% | 2.3% | 3.1% | 4.6% | 6.6% | 4.4% | 5.7% | 0.9% | 2.2% | 11.2% | 11.6% | 12.8% | -3.4% | 26.9% | -22.5% | -3.4% | -44.1% | -468.1% | -687.0% | -1637.4% | -8239.0% | - | -18.4% | -15.3% | -16.4% | -97.9% | -28.4% | -59.6% | -18.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2015-12-31 | 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 | 2003-10-31 | 2002-10-31 | 2001-10-31 | 2000-10-31 | 1999-10-31 | 1998-10-31 | 1997-10-31 |
| Assets | |||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $23K | $62K | $27K | $56K | $45K | $811K | $89K | $765K | $740K | $1.39M | $892K | $1.09M | $499K | $538K | $62K | $345K | $456K | $1.51M | $4.49M | $1.06M | $111K | $132K | $6K | $38K | $1K | $30K | $6K | $7K | $45K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $196K | $0 | $400K | $0 | $0 | $0 | $0 | $0 | $0 | $487K | $1.51M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $23K | $62K | $27K | $56K | $45K | $811K | $89K | $765K | $740K | $1.39M | $892K | $1.29M | $499K | $938K | $62K | $345K | $456K | $1.51M | $4.49M | $1.06M | $598K | $1.64M | $6K | $38K | $1K | $30K | $6K | $7K | $45K |
| Accounts Receivable | $1.74M | $1.85M | $1.55M | $1.46M | $3.27M | $2.83M | $3.63M | $1.36M | $364K | $251K | $279K | $152K | $159K | $297K | $3.14M | $358K | $211K | $237K | $548K | $426K | $269K | $276K | $265K | $324K | $135K | $126K | $65K | $268K | $940K |
| Inventory | $236K | $427K | $479K | $1.53M | $486K | $484K | $322K | $270K | $177K | $213K | $126K | $196K | $247K | $0 | $783K | $599K | $642K | $951K | $433K | $362K | $107K | $66K | $108K | $124K | $0 | $0 | $0 | $109K | $229K |
| Other Current Assets | $3 | $0 | $8K | $27K | $48K | $224K | $23K | $0 | $126K | $223K | $209K | $196K | $0 | $0 | $90K | $0 | $0 | $0 | $0 | $38K | $49K | $37K | $0 | $3K | $0 | $7K | $11K | $1K | $2K |
| Total Current Assets | $2.11M | $2.44M | $2.19M | $3.49M | $4.08M | $4.57M | $4.42M | $2.61M | $1.45M | $2.07M | $1.51M | $1.6M | $1.13M | $1.37M | $4.08M | $1.46M | $1.4M | $2.86M | $5.6M | $1.97M | $1.08M | $2.09M | $390K | $514K | $153K | $163K | $82K | $385K | $1.22M |
| Long-Term Assets | |||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $378K | $596K | $965K | $1.58M | $1.81M | $2.17M | $1.16M | $914K | $120K | $218K | $397K | $364K | $510K | $355K | $197K | $162K | $53K | $147K | $336K | $536K | $802K | $224K | $150K | $262K | $110K | $104K | $68K | $105K | $94K |
| Goodwill | $2.41M | $2.53M | $2.33M | $2.38M | $2.23M | $1.4M | $1.44M | $329K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $898K | $1.11M | $1.31M | $1.35M | $1.58M | $904K | $902K | $372K | $161K | $165K | $174K | $37K | $59K | $54K | $3.14M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7K | $7K | $7K | $8K | $0 | $714 | $714 |
| Long-Term Investments | $0 | $0 | $0 | $0 | -$1.06M | -$1.06M | $0 | -$529K | -$529K | -$529K | -$529K | -$119K | $0 | $0 | $0 | $0 | $0 | $3 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $1.06M | $1.06M | $1.06M | $529K | $529K | $529K | $529K | $119K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $7K | $5K | $2 | $1.06M | $1.06M | $16K | $529K | $529K | $529K | $529K | $119K | $0 | $0 | $0 | $0 | $0 | $0 | $3 | $53K | $53K | $53K | $2 | $100K | $100K | $43K | $2K | $9K | $38K |
| Total Long-Term Assets | $3.69M | $4.25M | $4.61M | $5.31M | $6.68M | $5.54M | $4.58M | $2.14M | $810K | $912K | $1.1M | $520K | $569K | $409K | $197K | $162K | $53K | $147K | $336K | $589K | $856K | $277K | $156K | $369K | $217K | $155K | $69K | $114K | $132K |
| 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 | $0 | $0 | $0 | $0 |
| Total Assets | $5.79M | $6.69M | $6.8M | $8.81M | $10.76M | $10.11M | $9M | $4.76M | $2.26M | $2.99M | $2.61M | $2.12M | $1.7M | $1.78M | $4.28M | $1.62M | $1.45M | $3.01M | $5.93M | $2.56M | $1.93M | $2.37M | $547K | $883K | $370K | $318K | $152K | $500K | $1.35M |
| Liabilities | |||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||
| Accounts Payable | $2.92M | $3.34M | $2.45M | $3.27M | $3.25M | $2.9M | $3.67M | $1.78M | $238K | $246K | $208K | $235K | $224K | $445K | $1.77M | $705K | $814K | $532K | $851K | $949K | $673K | $690K | $430K | $398K | $154K | $145K | $228K | $519K | $731K |
| Short-Term Debt | $1.66M | $1.11M | $2.32M | $1.99M | $2.13M | $1.09M | $1.25M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $609K | $0 | $63K | $156K | $143K | $0 | $139K | $116K | $9K | $9K | $120K | $67K | $85K |
| 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 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $759K | $709K | $636K | $702K | $1.88M | $2.59M | $1.25M | $1.1M | $1.07M | $1.54M | $1.18M | $1.14M | $998K | $794K | $3.53M | $1.21M | $1.09M | $1.18M | $268K | $118K | $8K | $0 | $0 | -$116K | -$9K | -$9K | $0 | $0 | $0 |
| Other Current Liabilities | -$2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.14M | $998K | $0 | $0 | $0 | $609K | $2K | $0 | $0 | $0 | $0 | $10K | $0 | $0 | $0 | $23K | $59K | $81K |
| Total Current Liabilities | $5.58M | $5.4M | $5.77M | $6.29M | $7.53M | $6.97M | $6.44M | $2.88M | $1.3M | $1.78M | $1.39M | $1.37M | $1.22M | $1.24M | $5.3M | $1.91M | $2.56M | $1.84M | $1.18M | $1.22M | $823K | $690K | $580K | $514K | $163K | $154K | $371K | $645K | $896K |
| Long-Term Liabilities | |||||||||||||||||||||||||||||
| Long-Term Debt | $344K | $1.13M | $611K | $235K | $0 | $183K | $476K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $65K | $211K | $0 | $23K | $3K | $12K | $24K | $325K | $363K | $118K |
| Long-Term Unearned Revenue | $0 | $6K | $7K | $16K | $37K | $71K | $113K | $105K | $22K | $20K | $31K | $27K | $7K | $12K | $77K | $19K | $23K | $34K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | -$16K | $286K | $114K | $138K | $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 | $7K | $16K | $0 | $0 | $954K | $732K | $54K | $44K | $48K | $48K | $92K | $93K | $0 | $109K | $0 | $0 | $9K | $10K | $4K | $0 | $243K | $194K | $230K | $152K | $25K | $87K | $11K |
| Total Long-Term Liabilities | $503K | $1.56M | $619K | $1.26M | $1.29M | $1.61M | $1.86M | $837K | $75K | $64K | $79K | $75K | $99K | $105K | $77K | $128K | $23K | $34K | $11K | $75K | $215K | $0 | $266K | $197K | $243K | $175K | $350K | $449K | $129K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $6.08M | $6.96M | $6.38M | $7.55M | $8.82M | $8.58M | $8.3M | $3.71M | $1.38M | $1.85M | $1.47M | $1.45M | $1.32M | $1.34M | $5.37M | $2.04M | $2.58M | $1.87M | $1.19M | $1.3M | $1.04M | $690K | $846K | $711K | $406K | $329K | $721K | $1.09M | $1.03M |
| Stockholders' Equity | |||||||||||||||||||||||||||||
| Preferred Stock | $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 |
| Common Stock | $17.15M | $17.1M | $17.1M | $17.1M | $16.89M | $16.66M | $15.71M | $15.78M | $15.79M | $15.8M | $16.3M | $16.64M | $16.89M | $0 | $0 | $0 | $0 | $17.14M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$30.15M | -$29.93M | -$29.17M | -$28.26M | -$27.03M | -$27.19M | -$25.98M | -$25.49M | -$25.18M | -$24.74M | -$24.98M | -$25.5M | -$25.95M | -$25.71M | -$27.25M | -$25.64M | -$24.39M | -$21.96M | -$18.07M | -$12.75M | -$6.43M | -$1.9M | -$2.85M | -$2.19M | -$1.64M | -$1.49M | -$1.21M | -$1.24M | -$309K |
| Comprehensive Income & Other | $357K | $180K | $123K | $103K | -$55K | -$56K | $1K | -$5K | $10.27M | $10.08M | $9.82M | $1.24M | $8.19M | $8.01M | $0 | $0 | $0 | $0 | $4.65M | $3.76M | $744K | $0 | $28K | $28K | $28K | $15K | $0 | $0 | $0 |
| Other Stockholders' Equity | $12.72M | $12.55M | $12.49M | $12.41M | $12.08M | $12.06M | $10.96M | $10.75M | $10.27M | $10.08M | $9.82M | $9.53M | $9.44M | $26.15M | $26.15M | $25.22M | $23.26M | $5.95M | $22.81M | $14.01M | $7.32M | $3.58M | $2.55M | $2.36M | $1.61M | $1.48M | $640K | $641K | $632K |
| Total Equity | -$286K | -$274K | $417K | $1.26M | $1.94M | $1.53M | $698K | $1.04M | $881K | $1.14M | $1.14M | $673K | $380K | $440K | -$1.1M | -$422K | -$1.13M | $1.13M | $4.74M | $1.26M | $893K | $1.68M | -$300K | $172K | -$35K | -$12K | -$570K | -$594K | $323K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $5.79M | $6.69M | $6.8M | $8.81M | $10.76M | $10.11M | $9M | $4.76M | $2.26M | $2.99M | $2.61M | $2.12M | $1.7M | $1.78M | $4.28M | $1.62M | $1.45M | $3.01M | $5.93M | $2.56M | $1.93M | $2.37M | $547K | $883K | $370K | $318K | $152K | $500K | $1.35M |
| Supplementary Data | |||||||||||||||||||||||||||||
| Total Debt | $2.4M | $2.91M | $3.29M | $3.56M | $3.36M | $2.91M | $2.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $609K | $2K | $65K | $220K | $354K | $0 | $162K | $119K | $21K | $33K | $445K | $429K | $203K |
| Net Debt | $2.37M | $2.85M | $3.27M | $3.5M | $3.32M | $2.1M | $2.09M | -$765K | -$740K | -$1.39M | -$892K | -$1.09M | -$499K | -$538K | -$62K | -$345K | $153K | -$1.51M | -$4.43M | -$839K | $243K | -$132K | $156K | $81K | $20K | $3K | $439K | $422K | $159K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2015-12-31 | 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 | 2003-10-31 | 2002-10-31 | 2001-10-31 | 2000-10-31 | 1999-10-31 | 1998-10-31 | 1997-10-31 |
| Operating Activities | |||||||||||||||||||||||||||||
| Net Income | -$250K | $757K | -$915K | -$1.22M | $158K | -$1.22M | -$395K | -$310K | -$435K | $235K | $519K | $454K | -$245K | $1.54M | -$1.36M | -$1.25M | -$2.43M | $0 | -$5.27M | -$6.65M | -$4.46M | -$1.69M | -$665K | -$284K | -$152K | -$281K | -$95K | -$926K | -$348K |
| Depreciation & Amortization | $537K | $665K | $911K | $976K | $938K | $943K | $801K | $477K | $279K | $329K | $309K | $261K | $186K | $129K | $118K | $75K | $106K | $235K | $384K | $446K | $344K | $54K | $59K | $75K | $55K | $35K | $19K | $44K | $28K |
| Deferred Income Tax | $0 | $0 | -$30 | $784K | -$15K | -$22K | -$529K | $0 | $0 | -$257K | -$410K | $0 | -$126K | -$342K | $0 | -$616K | -$150K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $10K | $53K | $171K | $405K | $354K | $230K | $103K | $189K | $262K | $292K | $89K | $185K | $342K | $638K | $616K | $150K | $208K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||
| Accounts Receivable | $31K | -$158K | -$139K | $2.04M | -$641K | $1.14M | -$948K | $169K | -$108K | -$28K | $28K | $5K | $70K | $2.92M | -$2.37M | -$276K | $19K | $335K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $14K | $40K | $1.04M | -$1.01M | $242K | -$185K | $736K | $364K | $39K | -$51K | -$149K | $44K | $76K | $382K | -$183K | $43K | $308K | -$517K | -$71K | -$255K | -$41K | $10K | $15K | -$124K | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$288K | $690K | -$770K | $18K | $438K | -$712K | $456K | -$351K | -$8K | $38K | -$27K | $10K | -$221K | -$1.32M | $1.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $84K | $58K | $243K | -$1.37M | -$840K | $673K | -$210K | -$158K | -$420K | $340K | $47K | $151K | $198K | -$2.82M | $2.38M | $13K | $158K | $707K | -$19K | $482K | $82K | $204K | $105K | $59K | $0 | $0 | $48K | $172K | $186K |
| Total Working Capital Change | -$159K | $629K | $378K | -$329K | -$801K | $912K | $34K | $23K | -$498K | $299K | -$102K | $210K | $123K | -$848K | $842K | -$220K | $486K | $525K | -$90K | $227K | $40K | $214K | $120K | -$65K | -$10K | -$144K | $48K | $172K | $186K |
| Other Non-Cash Items | $195K | -$1.43M | $62K | $53K | $62K | -$788K | $93K | $6K | $7K | $262K | $16K | -$78K | $185K | $342K | -$412K | $616K | $150K | -$3.88M | $184K | $113K | -$32K | $5K | $100K | $0 | $0 | $0 | $9K | $104K | $0 |
| Net Cash from Operating | $324K | $633K | $490K | $429K | $746K | $183K | $234K | $299K | -$457K | $1.13M | $625K | $936K | $307K | $1.16M | -$175K | -$782K | -$1.69M | -$2.92M | -$4.79M | -$5.87M | -$4.1M | -$1.42M | -$386K | -$274K | -$107K | -$390K | -$19K | -$606K | -$133K |
| Investing Activities | |||||||||||||||||||||||||||||
| Capital Expenditures | -$154K | -$20K | -$522 | -$16K | -$494K | -$344K | -$499K | -$512K | -$177K | -$141K | -$479K | -$93K | -$346K | -$341K | -$153K | -$184K | -$12K | -$47K | -$183K | -$179K | -$456K | -$164K | -$63K | -$226K | -$61K | -$71K | -$41K | -$55K | -$19K |
| Acquisitions | $0 | $0 | $0 | $16K | -$1.13M | $2K | -$775K | $221K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$8K | $3K | -$36K | -$91K |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.56M | $0 | $0 | -$100K | $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 | $1.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | -$20K | -$333K | $6K | $55K | $16K | -$6K | -$73K | -$126K | -$81K | -$175K | -$13K | -$39K | $0 | -$5K | $123K | $647K | -$25K | -$55K | $60K | -$66K | -$60K | $117K | $0 | $0 | $0 | $43K | $0 | $0 |
| Net Cash from Investing | -$154K | -$20K | -$334K | $378 | -$1.57M | -$327K | -$1.28M | -$291K | -$177K | -$141K | -$479K | -$93K | -$346K | -$341K | -$157K | -$61K | $635K | -$71K | -$239K | -$119K | $496K | -$1.78M | $54K | -$226K | -$161K | -$79K | $5K | -$91K | -$110K |
| Financing Activities | |||||||||||||||||||||||||||||
| Debt Repaid | $166K | $552K | $617K | $693K | $594K | $750K | $419K | - | - | - | - | - | - | - | - | $609K | $2K | $63K | $156K | $133K | $76K | $84K | -$92K | -$61K | -$111K | $412K | -$15K | -$226K | $85K |
| Common Stock Issuance | $227K | $0 | $0 | -$834 | $0 | $2.1M | $31K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $49K | $1.34M | $0 | $67K | $8.62M | $6.58M | $3.66M | $3.49M | $194K | $750K | $129K | $839K | $0 | $8K | $580K |
| Common Stock Repurchases | $0 | $0 | $0 | -$834 | -$141K | -$354K | -$452K | -$297K | -$13K | -$495K | -$346K | -$249K | $0 | -$344K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$13K | $0 | -$15K | $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 | $0 | $0 | $0 |
| Other Financing Activities | -$291K | $0 | $369K | -$834 | -$4K | -$60K | $315K | $280K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14K | -$14K | $13K | $88K | $56K | $425K | -$288K |
| Net Cash from Financing | -$230K | -$552K | -$248K | -$326K | $4K | $938K | $443K | -$17K | -$13K | -$495K | -$346K | -$249K | $0 | -$344K | $49K | $732K | -$2K | $4K | $8.46M | $6.45M | $3.59M | $3.41M | $300K | $797K | $239K | $516K | $56K | $660K | $207K |
| Forex Effect | $24K | -$26K | $63K | -$92K | $53K | -$72K | -$73K | $34K | $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 | -$36K | $34K | -$29K | $11K | -$766K | $721K | -$676K | $25K | -$647K | $495K | -$201K | $594K | -$39K | $476K | -$283K | -$111K | -$1.06M | -$2.98M | $3.43M | $462K | -$22K | $204K | -$32K | $297K | -$29K | $47K | $41K | -$36K | -$36K |
| Supplementary Data | |||||||||||||||||||||||||||||
| Operating Cash Flow | $324K | $633K | $490K | $429K | $746K | $183K | $234K | $299K | -$457K | $1.13M | $625K | $936K | $307K | $1.16M | -$175K | -$782K | -$1.69M | -$2.92M | -$4.79M | -$5.87M | -$4.1M | -$1.42M | -$386K | -$274K | -$107K | -$390K | -$19K | -$606K | -$133K |
| Capital Expenditure | -$36K | -$20K | -$334K | -$16K | -$494K | -$344K | -$499K | -$512K | -$177K | -$141K | -$479K | -$93K | -$346K | -$341K | -$153K | -$184K | -$12K | -$47K | -$183K | -$179K | -$456K | -$164K | -$63K | -$226K | -$61K | -$71K | -$41K | -$55K | -$19K |
| Free Cash Flow | $289K | $613K | $156K | $414K | $252K | -$161K | -$265K | -$213K | -$634K | $990K | $146K | $843K | -$39K | $820K | -$328K | -$966K | -$1.7M | -$2.96M | -$4.97M | -$6.04M | -$4.56M | -$1.59M | -$449K | -$500K | -$168K | -$460K | -$60K | -$661K | -$152K |
| Cash at Beginning | $59K | $27K | $56K | $45K | $811K | $89K | $765K | $740K | $1.39M | $892K | $1.09M | $499K | $538K | $62K | $345K | $456K | $1.51M | $4.49M | $1.06M | $598K | $132K | -$72K | $38K | $1K | $30K | -$17K | -$59K | -$15K | $20K |
| Cash at End | $23K | $62K | $27K | $56K | $45K | $811K | $89K | $765K | $740K | $1.39M | $892K | $1.09M | $499K | $538K | $62K | $345K | $456K | $1.51M | $4.49M | $1.06M | $111K | $132K | $6K | $298K | $1K | $30K | -$17K | -$52K | -$15K |