RenoWorks Software Inc. (ROWKF)
RenoWorks Software Inc. specializes in delivering digital visualization solutions specifically designed for the residential construction and home renovation industries. The company operates throughout North America and extends its reach internationally. Among its key offerings is Renoworks FastTrack, a sophisticated platform that empowers contractors to significantly cut down or even bypass time-consuming home visits. It achieves this by automatically producing accurate measurement reports, highly realistic visual renderings, and dynamic 3D models. The Renoworks Web Visualizer allows consumers to virtually interact with building materials and design their prospective homes from anywhere. For detailed product customization, the Renoworks Product Configurator enables users to design specific components, such as windows and doors, with intricate detail. Other innovative products include Renoworks Auto-Recognition, an intelligent system that identifies various home elements like roofing, siding, windows, and doors for design purposes. The Renoworks Scene Builder offers an interactive, photorealistic environment for visualizing different design alternatives and building material selections. The company also provides extensive product libraries to showcase clients' offerings, alongside mobile visualizer applications and a broader array of home visualization software. In addition to its software platforms, RenoWorks offers specialized services such as design consultation, data analytics, and robust Application Program Interface (API) integrations. The company caters to a diverse client base, including manufacturers, material suppliers, contractors, remodelers, marketing agencies, home builders, and individual homeowners. RenoWorks Software Inc. is based in Calgary, Canada.
Sector: Software - Application
Industry: Software - Application
RenoWorks Software Inc.
OTC:ROWKFTechnology · Software - Application
+60.00%$0.1600
Mkt Cap$6.55M
Float22.5M
O/S40.93M
Inst Own-
SI0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$5.51M
Net Income$13K
Total Assets$1.99M
Free Cash Flow-$126K
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$146K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ROWKF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.99M
Liabilities$1.85M
Accounts Receivable$736K
Accounts Payable$113K
Inventory$0
PP&E (Net)$43K
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $5.51M | $4.94M | $4.48M | $4.23M | $3.95M | $3.65M | $3.04M | $2.74M | $2.19M | $1.98M | $1.5M | $1.42M | $1.41M | $1.05M | $931K | $1.08M | $1.06M | $889K | $814K | $650K | $159K | $341K | $185K | $17K |
| YoY Growth | 11.5% | 10.3% | 5.9% | 7.0% | 8.2% | 20.4% | 11.0% | 25.0% | 10.5% | 31.9% | 5.8% | 1.1% | 34.4% | 12.4% | -13.7% | 1.9% | 19.0% | 9.2% | 25.3% | 307.9% | -53.3% | 84.2% | 1021.3% | - |
| Cost of Revenue | $1.27M | $1.3M | $1.33M | $1.53M | $1.47M | $1.19M | $953K | $876K | $652K | $475K | $398K | $245K | $305K | $341K | $267K | $264K | $433K | $318K | $248K | $222K | $8K | $105K | $33K | $4K |
| Gross Profit | $4.24M | $3.65M | $3.15M | $2.7M | $2.48M | $2.46M | $2.08M | $1.86M | $1.54M | $1.51M | $1.1M | $1.18M | $1.1M | $705K | $663K | $814K | $626K | $571K | $566K | $428K | $151K | $236K | $152K | $13K |
| Gross Margin | 77.0% | 73.8% | 70.4% | 63.8% | 62.8% | 67.4% | 68.6% | 68.0% | 70.2% | 76.0% | 73.5% | 82.8% | 78.3% | 67.4% | 71.3% | 75.5% | 59.1% | 64.2% | 69.5% | 65.8% | 94.7% | 69.1% | 82.1% | 77.7% |
| Research and Development | $1.35M | $1.25M | $1.16M | $1.23M | $726K | $577K | $444K | $295K | $272K | $140K | $99K | $109K | $170K | $113K | $82K | $120K | $179K | $267K | $148K | $53K | $79K | $55K | $82K | $293K |
| Selling, General, and Administrative | $2.92M | $2.49M | $2.48M | $2.39M | $2.05M | $1.63M | $1.93M | $1.9M | $1.81M | $1.34M | $1.25M | $888K | $720K | $639K | $622K | $565K | $587K | $793K | $654K | $343K | $282K | $252K | $460K | $594K |
| Other | $14K | $20K | -$178K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$9K | $20K | -$55K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $4.28M | $3.76M | $3.47M | $3.68M | $2.85M | $2.27M | $2.45M | $2.21M | $2.1M | $1.5M | $1.35M | $997K | $890K | $753K | $703K | $696K | $782K | $1.08M | $822K | $422K | $383K | $332K | $577K | $930K |
| Operating Income (EBIT) | -$38K | -$113K | -$312K | -$990K | -$382K | $172K | -$396K | -$346K | -$562K | -$2K | -$274K | $169K | $210K | -$48K | -$40K | $118K | -$156K | -$507K | -$256K | $6K | -$232K | -$97K | -$425K | -$917K |
| Operating Margin | -0.7% | -2.3% | -7.0% | -23.4% | -9.7% | 4.7% | -13.0% | -12.7% | -25.7% | -0.1% | -18.2% | 11.9% | 14.9% | -4.6% | -4.3% | 11.0% | -14.8% | -57.0% | -31.4% | 1.0% | -145.5% | -28.4% | -229.3% | -5555.0% |
| Interest Expense | $0 | $156 | $60 | $6K | $22K | $36K | $52K | $11K | $15K | $21K | $26K | $29K | $26K | $27K | $21K | $9K | $1K | $18K | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $24K | $7K | $3K | $8K | $1K | $2K | $2K | $2K | $3K | $1K | $43K | $13K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $51K | $208K | -$42K | $50K | -$51K | -$84K | -$93K | $8K | -$28K | -$83K | $17K | $39K | -$12K | -$45K | -$21K | -$9K | -$21K | $37K | -$31K | $2K | $2K | -$18K | -$4K | $5K |
| Income Before Tax (EBT) | $13K | $95K | -$354K | -$940K | -$434K | $88K | -$488K | -$338K | -$596K | -$85K | -$257K | $208K | $198K | -$93K | $0 | $109K | -$136K | -$562K | -$282K | $8K | -$230K | -$115K | -$429K | -$913K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$55K | $0 | $0 | $0 | $0 | $0 | $21K | $9K | $42K | -$92K | $4K | $8K | $3K | $711 | $6K | $10K |
| Net Income | $13K | $95K | -$354K | -$940K | -$434K | $88K | -$488K | -$338K | -$596K | -$85K | -$257K | $208K | $198K | -$93K | -$61K | $101K | -$178K | -$470K | -$287K | $357 | -$233K | -$115K | -$435K | -$923K |
| Net Income Margin | 0.2% | 1.9% | -7.9% | -22.2% | -11.0% | 2.4% | -16.1% | -12.4% | -27.2% | -4.3% | -17.1% | 14.7% | 14.1% | -8.9% | -6.6% | 9.3% | -16.8% | -52.9% | -35.2% | 0.1% | -146.2% | -33.9% | -234.8% | -5589.4% |
| Supplementary Data | ||||||||||||||||||||||||
| EPS | 0.00 | 0.00 | -0.01 | -0.03 | -0.02 | 0.00 | -0.02 | -0.01 | -0.02 | -0.00 | -0.01 | 0.01 | 0.01 | -0.00 | -0.00 | 0.01 | -0.01 | -0.03 | -0.02 | 0.00 | -0.02 | -0.01 | -0.05 | -0.13 |
| Diluted EPS | 0.00 | 0.00 | -0.01 | -0.03 | -0.02 | 0.00 | -0.02 | -0.01 | -0.02 | -0.00 | -0.01 | 0.01 | 0.01 | -0.00 | -0.00 | 0.01 | -0.01 | -0.03 | -0.02 | 0.00 | -0.02 | -0.01 | -0.05 | -0.13 |
| Weighted Average OS | 40.73M | 40.66M | 40.66M | 40.17M | 37.83M | 36.61M | 35.28M | 33.66M | 33.56M | 29.09M | 27.52M | 26.63M | 26.62M | 26.62M | 26.62M | 26.62M | 24.24M | 20.67M | 17.62M | 17.16M | 15.13M | 14.11M | 12.05M | 9.98M |
| EBITDA | $27K | $110K | -$335K | -$876K | -$342K | $191K | -$356K | -$315K | -$546K | -$5K | -$224K | $176K | $218K | -$58K | -$33K | $129K | -$141K | -$489K | -$236K | $32K | -$210K | -$72K | -$389K | -$874K |
| EBITDA Margin | 0.5% | 2.2% | -7.5% | -20.7% | -8.7% | 5.2% | -11.7% | -11.5% | -25.0% | -0.3% | -14.9% | 12.4% | 15.5% | -5.5% | -3.5% | 12.0% | -13.3% | -55.0% | -29.0% | 4.9% | -131.7% | -21.0% | -210.3% | -5292.7% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | ||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||
| Cash and Cash Equivalents | $1.03M | $1.09M | $460K | $501K | $847K | $373K | $356K | $274K | $512K | $248K | $382K | $257K | $123K | $53K | $36K | $55K | $68K | $292K | $69K | $172K | $57K | $58K | $20K | $220K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $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 | $1.03M | $1.09M | $460K | $501K | $847K | $373K | $356K | $274K | $512K | $248K | $382K | $257K | $123K | $53K | $36K | $55K | $68K | $292K | $69K | $172K | $57K | $58K | $20K | $220K |
| Accounts Receivable | $736K | $479K | $559K | $602K | $492K | $511K | $353K | $402K | $373K | $255K | $181K | $241K | $239K | $362K | $235K | $89K | $91K | $48K | $198K | $6K | $35K | $66K | $25K | $30K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $681K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $1.81M | $1.63M | $1.07M | $1.14M | $1.35M | $899K | $737K | $730K | $867K | $1.32M | $571K | $508K | $370K | $422K | $279K | $156K | $191K | $343K | $267K | $204K | $92K | $124K | $46K | $255K |
| Long-Term Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment Net | $43K | $44K | $51K | $65K | $101K | $137K | $196K | $51K | $35K | $32K | $26K | $20K | $23K | $29K | $22K | $26K | $34K | $41K | $50K | $53K | $52K | $56K | $83K | $116K |
| 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 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $68K | $122K | $56K | $55K | $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 | $0 | $0 |
| Other Long-Term Assets | $142K | $211K | $73K | $0 | $0 | $0 | $0 | $45K | $0 | -$8K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $4K | $6K |
| Total Long-Term Assets | $185K | $255K | $124K | $133K | $223K | $194K | $251K | $95K | $35K | $32K | $26K | $20K | $23K | $29K | $22K | $26K | $34K | $41K | $50K | $53K | $52K | $58K | $86K | $122K |
| 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 |
| Total Assets | $1.99M | $1.88M | $1.19M | $1.27M | $1.58M | $1.09M | $988K | $825K | $902K | $1.35M | $596K | $528K | $393K | $450K | $301K | $182K | $225K | $383K | $317K | $257K | $144K | $182K | $132K | $378K |
| Liabilities | ||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||
| Accounts Payable | $113K | $90K | $167K | $101K | $119K | $108K | $49K | $130K | $42K | $49K | $48K | $61K | $71K | $131K | $310K | $50K | $72K | $67K | $62K | $47K | $16K | $31K | $11K | $28K |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $26K | $24K | $77K | $61K | $55K | $50K | $48K | $10K | $19K | $232K | $103K | $25K | $18K | $194K | $38K | $15K | $14K | $12K | $21K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $1.37M | $1.62M | $1.06M | $891K | $838K | $507K | $538K | $514K | $259K | $280K | $218K | $248K | $280K | $496K | $280K | $270K | $391K | $556K | $214K | $5K | $39K | $13K | $6K | $15K |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12K | $704K | $0 | -$2K | -$2K | $214K | -$214K | $0 | $61K | $0 | $0 | $11K | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $1.48M | $1.71M | $1.23M | $993K | $1.02M | $702K | $660K | $730K | $396K | $1.09M | $317K | $357K | $361K | $861K | $608K | $425K | $553K | $644K | $470K | $101K | $69K | $57K | $29K | $65K |
| Long-Term Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $151K | $184K | $188K | $50K | $56K | $117K | $172K | $222K | $308K | $64K | $79K | $97K | $113K | $134K | $145K | $166K | $190K | $193K | $203K | $159K |
| Long-Term Unearned Revenue | $366K | $171K | $100K | $115K | $151K | $184K | $26K | $167K | $202K | $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 | -$188K | -$23K | -$224K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | -$151K | -$184K | $188K | $0 | $21K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $366K | $171K | $100K | $115K | $151K | $245K | $336K | $239K | $56K | $117K | $172K | $222K | $308K | $64K | $79K | $97K | $113K | $134K | $149K | $176K | $194K | $194K | $209K | $162K |
| 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 |
| Total Liabilities | $1.85M | $1.88M | $1.33M | $1.11M | $1.17M | $947K | $996K | $969K | $452K | $1.2M | $488K | $579K | $669K | $925K | $686K | $521K | $666K | $778K | $619K | $277K | $263K | $251K | $238K | $227K |
| 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 |
| Common Stock | $6.31M | $6.25M | $6.25M | $6.25M | $5.69M | $4.85M | $4.85M | $4.4M | $4.33M | $3.73M | $3.65M | $3.37M | $3.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$7.18M | -$7.19M | -$7.28M | -$6.93M | -$5.99M | -$5.56M | -$5.64M | -$5.16M | -$4.47M | -$3.87M | -$3.79M | -$3.53M | -$3.74M | -$3.94M | -$3.84M | -$3.78M | -$3.89M | -$3.71M | -$3.24M | -$2.95M | -$2.95M | -$2.72M | -$2.58M | -$2.14M |
| Comprehensive Income & Other | $0 | $0 | $0 | $19K | $0 | $100K | $100K | $0 | $173K | $108K | $108K | $114K | $102K | $102K | $98K | $0 | $0 | $0 | $0 | $0 | $0 | $34K | $0 | $0 |
| Other Stockholders' Equity | $1.01M | $935K | $894K | $845K | $709K | $855K | $790K | $609K | $587K | $292K | $249K | $114K | $102K | $3.46M | $3.46M | $3.44M | $3.44M | $3.31M | $2.94M | $2.93M | $2.83M | $2.65M | $2.47M | $2.29M |
| Total Equity | $146K | -$3K | -$139K | $166K | $407K | $145K | -$8K | -$144K | $451K | $149K | $108K | -$51K | -$276K | -$475K | -$385K | -$340K | -$441K | -$395K | -$302K | -$20K | -$119K | -$70K | -$106K | $151K |
| 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 |
| Total Liabilities and Equity | $1.99M | $1.88M | $1.19M | $1.27M | $1.58M | $1.09M | $988K | $825K | $902K | $1.35M | $596K | $528K | $393K | $450K | $301K | $182K | $225K | $383K | $317K | $257K | $144K | $182K | $132K | $378K |
| Supplementary Data | ||||||||||||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $212K | $332K | $382K | $158K | $117K | $172K | $222K | $269K | $318K | $84K | $310K | $199K | $138K | $156K | $343K | $214K | $209K | $208K | $221K | $183K |
| Net Debt | -$1.03M | -$1.09M | -$460K | -$501K | -$635K | -$41K | $26K | -$116K | -$395K | -$76K | -$160K | $12K | $195K | $31K | $274K | $144K | $71K | -$136K | $274K | $42K | $152K | $150K | $200K | -$37K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | ||||||||||||||||||||||||
| Net Income | $13K | $95K | -$354K | -$940K | -$434K | $88K | -$488K | -$338K | -$596K | -$85K | -$257K | $208K | $198K | -$93K | -$61K | $101K | -$178K | -$470K | -$287K | $357 | -$233K | -$115K | -$435K | -$923K |
| Depreciation & Amortization | $14K | $16K | $19K | $58K | $69K | $67K | $81K | $13K | $19K | $20K | $7K | $7K | $8K | $8K | $8K | $11K | $15K | $18K | $20K | $26K | $22K | $25K | $35K | $43K |
| Deferred Income Tax | $0 | $0 | $0 | $9K | $13K | $12K | $15K | -$11K | -$53K | $18K | -$1K | $1K | -$3K | -$4K | $21K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $82K | $41K | $49K | $126K | $81K | $65K | $90K | $75K | $122K | $56K | $27K | $12K | $534 | $4K | $16K | $298 | -$8K | $21K | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||
| Accounts Receivable | -$214K | -$72K | $27K | -$108K | -$461 | -$172K | $21K | -$48K | -$27K | -$74K | $34K | -$11K | $122K | $0 | -$145K | $1K | -$51K | $150K | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $18K | -$11K | -$59K | $81K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $66K | -$18K | $11K | $59K | -$81K | $88K | -$7K | $638 | -$13K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$27K | $549K | $145K | $6K | $315K | $34K | -$50K | $72K | $59K | -$142K | -$7K | -$75K | -$127K | $103K | $38K | -$124K | -$177K | $350K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$242K | $477K | $238K | -$103K | $315K | -$138K | -$28K | $24K | $32K | -$142K | -$7K | -$75K | -$127K | $103K | -$107K | -$122K | -$227K | $499K | $47K | $13K | $41K | -$14K | -$16K | $220K |
| Other Non-Cash Items | $20K | $7K | $10K | $6K | $22K | $36K | $52K | $11K | -$38K | $39K | $25K | $1K | $23K | $23K | $18K | $0 | $0 | -$7K | $5K | $27K | $5K | $16K | $0 | $0 |
| Net Cash from Operating | -$113K | $636K | -$38K | -$843K | $67K | $129K | -$279K | -$226K | -$460K | -$113K | -$205K | $155K | $102K | $44K | -$127K | -$10K | -$398K | $62K | -$215K | $65K | -$164K | -$89K | -$416K | -$660K |
| Investing Activities | ||||||||||||||||||||||||
| Capital Expenditures | -$13K | -$8K | -$5K | -$22K | -$32K | -$8K | -$15K | -$29K | -$22K | -$26K | -$12K | -$5K | -$2K | -$7K | -$4K | -$3K | -$9K | -$8K | -$17K | -$9K | -$3K | -$4K | $0 | -$30K |
| Acquisitions | $0 | $0 | $0 | $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 | -$84K | -$29K | $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 | $111K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $6K | $6K | $534 | $14K | -$68K | $0 | -$11K | $0 | $27K | -$29K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $570 | $0 | $0 |
| Net Cash from Investing | -$6K | -$2K | -$4K | -$8K | -$100K | -$8K | -$15K | -$29K | $5K | -$54K | -$12K | -$5K | -$2K | -$7K | -$4K | -$3K | -$9K | -$8K | -$17K | -$9K | -$3K | -$3K | $0 | -$30K |
| Financing Activities | ||||||||||||||||||||||||
| Debt Repaid | - | - | - | $61K | $87K | $73K | $117K | -$10K | $55K | $50K | $48K | $20K | $30K | $21K | -$111K | $35K | -$47K | $265K | $35K | $12K | $11K | $13K | -$153K | -$99K |
| Common Stock Issuance | $54K | $0 | $427 | $559K | $614K | $0 | $524K | $20K | $775K | $70K | $389K | $5K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $71K | $178K | $142K | $63K | $335K |
| 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 | $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 |
| Other Financing Activities | $0 | $0 | $427 | $8K | $594K | -$32K | -$31K | $7K | -$409 | $763K | $0 | $0 | $0 | $0 | $0 | $0 | $140K | $356K | $0 | $0 | $0 | $0 | $0 | $283K |
| Net Cash from Financing | $54K | $0 | $427 | $506K | $507K | -$105K | $376K | $17K | $720K | $714K | $341K | -$15K | -$30K | -$21K | $111K | $846 | $183K | $169K | $129K | $59K | $167K | $129K | $217K | $717K |
| Forex Effect | $0 | $0 | $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 | -$65K | $634K | -$42K | -$345K | $474K | $16K | $82K | -$238K | $264K | -$134K | $125K | $134K | $70K | $17K | -$19K | -$12K | -$224K | $222K | -$103K | $115K | -$738 | $37K | -$199K | $27K |
| Supplementary Data | ||||||||||||||||||||||||
| Operating Cash Flow | -$113K | $636K | -$38K | -$843K | $67K | $129K | -$279K | -$226K | -$460K | -$113K | -$205K | $155K | $102K | $44K | -$127K | -$10K | -$398K | $62K | -$215K | $65K | -$164K | -$89K | -$416K | -$660K |
| Capital Expenditure | -$13K | -$8K | -$5K | -$22K | -$32K | -$8K | -$15K | -$29K | -$22K | -$26K | -$12K | -$5K | -$2K | -$7K | -$4K | -$3K | -$9K | -$8K | -$17K | -$9K | -$3K | -$4K | $0 | -$30K |
| Free Cash Flow | -$126K | $628K | -$43K | -$866K | $35K | $121K | -$294K | -$255K | -$483K | -$138K | -$216K | $150K | $100K | $37K | -$130K | -$13K | -$407K | $53K | -$232K | $56K | -$168K | -$92K | -$416K | -$690K |
| Cash at Beginning | $1.09M | $460K | $501K | $847K | $373K | $356K | $274K | $512K | $248K | $382K | $257K | $123K | $53K | $36K | $55K | $68K | $292K | $69K | $172K | $57K | $58K | $20K | $220K | $193K |
| Cash at End | $1.03M | $1.09M | $460K | $501K | $847K | $373K | $356K | $274K | $512K | $248K | $382K | $257K | $123K | $53K | $36K | $55K | $68K | $292K | $69K | $172K | $57K | $58K | $20K | $220K |