REFLECT SCIENTIFIC, INC. (RSCF)
Reflect Scientific, Inc., through its subsidiaries, engages in the design, development, and sale of scientific equipment for the life science and manufacturing industries worldwide. The company offers Cryometrix ultra-low temperature and blast freezers, which are used to store various products, including blood and cancer vaccines. It also provides laboratory consumables and disposables, such as filtration and purification products, customized sample handling vials, electronic wiring assemblies, high temperature silicone, and graphite and vespel/graphite sealing components for use by original equipment manufacturers in the field of gas/liquid chromatography in the chemical analysis industries. In addition, the company offers solvent chillers and refrigerated transportation products; and UV detectors and vial products. It serves hospitals, diagnostic laboratories, pharmaceutical and biotech companies, universities, governments, and private sector research facilities, as well as cold chain management, chemical, and industrial companies. The company was founded in 1999 and is based in Orem, Utah.
Sector: Laboratory Apparatus & Furniture
Industry: Medical - Instruments & Supplies
Reflect Scientific, Inc.
OTC:RSCFHealthcare · Medical - Instruments & Supplies
-3.13%$0.0580
Mkt Cap$4.97M
Float40.03M
O/S85.66M
Inst Own0.0%
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.61M
Net Income$210K
Total Assets$2.81M
Free Cash Flow-$104K
Debt & Equity
Debt 4%
Equity 96%
Total Debt$105K
Total Equity$2.27M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in RSCF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.81M
Liabilities$535K
Accounts Receivable$78K
Accounts Payable$61K
Inventory$699K
PP&E (Net)$82K
Goodwill$60K
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Revenue | $1.61M | $1.88M | $1.08M | $2.04M | $2.81M | $2.79M | $1.61M | $1.55M | $1.07M | $1.19M | $1.04M | $1.53M | $1.29M | $1.33M | $1.99M | $2.4M | $5.66M | $10.13M | $8.02M | $2.57M | $2.24M | $2.1M |
| YoY Growth | -14.0% | 73.8% | -47.1% | -27.5% | 0.8% | 73.5% | 3.7% | 45.6% | -10.3% | 14.6% | -32.1% | 18.7% | -3.2% | -33.1% | -17.3% | -57.6% | -44.1% | 26.3% | 211.7% | 14.8% | 6.5% | - |
| Cost of Revenue | $1.05M | $1.32M | $484K | $822K | $884K | $1.07M | $618K | $487K | $406K | $376K | $407K | $678K | $618K | $618K | $989K | $1.31M | $3.44M | $5.5M | $4.63M | $1.52M | $1.32M | $1.28M |
| Gross Profit | $559K | $558K | $596K | $1.22M | $1.93M | $1.72M | $992K | $1.06M | $660K | $813K | $630K | $850K | $669K | $711K | $998K | $1.09M | $2.22M | $4.63M | $3.39M | $1.05M | $917K | $822K |
| Gross Margin | 34.6% | 29.7% | 55.2% | 59.7% | 68.6% | 61.6% | 61.6% | 68.6% | 61.9% | 68.4% | 60.8% | 55.6% | 52.0% | 53.5% | 50.2% | 45.4% | 39.2% | 45.7% | 42.2% | 40.9% | 40.9% | 39.1% |
| Research and Development | $24K | $17K | $30K | $73K | $58K | $185K | $210K | $104K | $47K | $71K | $73K | $22K | $37K | $36K | $33K | $8K | $307K | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $369K | $410K | $1.03M | $1.06M | $1.04M | $885K | $976K | $1.21M | $1.02M | $993K | $1.02M | $1.55M | $1.32M | $1.09M | $1.56M | $1.17M | $4.38M | $5.16M | $8.8M | $2.15M | $823K | $697K |
| Other | $0 | $0 | $0 | $0 | $0 | $10K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $35K | $29K | $0 |
| Total Operating Expenses | $392K | $427K | $1.06M | $1.13M | $1.1M | $1.07M | $1.19M | $1.31M | $1.06M | $1.06M | $1.09M | $1.57M | $1.35M | $1.12M | $1.6M | $1.18M | $4.69M | $5.16M | $8.8M | $2.18M | $853K | $697K |
| Operating Income (EBIT) | $167K | $131K | -$467K | $90K | $828K | $651K | -$195K | -$249K | -$402K | -$252K | -$460K | -$719K | -$899K | -$2.91M | -$707K | -$89K | -$2.47M | -$535K | -$5.41M | -$1.13M | $64K | $124K |
| Operating Margin | 10.3% | 7.0% | -43.3% | 4.4% | 29.4% | 23.3% | -12.1% | -16.0% | -37.7% | -21.2% | -44.3% | -47.0% | -69.8% | -219.1% | -35.6% | -3.7% | -43.6% | -5.3% | -67.5% | -43.9% | 2.9% | 5.9% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $890 | $755 | $661 | $0 | $314 | $59K | $123K | $118K | $316K | $534K | $535K | $1.01M | $1.6M | $1.41M | $25 | $9K | $12K |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $43K | $39K | $9K | $0 | $111K | $9K | -$755 | -$661 | $0 | $35K | $1.3M | -$122K | -$115K | $613K | -$480K | -$535K | -$2.41M | -$1.59M | -$1.39M | -$193K | -$9K | -$12K |
| Income Before Tax (EBT) | $210K | $169K | -$459K | $90K | $939K | $660K | -$196K | -$250K | -$402K | -$216K | $836K | -$841K | -$1.01M | $201K | -$1.19M | -$624K | -$4.88M | -$2.13M | -$6.8M | -$1.32M | $55K | $112K |
| Income Tax Expense | $0 | $331 | $312 | $702 | $0 | $0 | $0 | $0 | $0 | $314 | $0 | $0 | $0 | $316K | $0 | $0 | $3K | $39K | $278K | -$343K | $17K | $70K |
| Net Income | $210K | $169K | -$459K | $89K | $939K | $660K | -$196K | -$250K | -$402K | -$216K | $836K | -$841K | -$1.01M | $201K | -$1.19M | -$1.77M | -$4.88M | -$2.16M | -$7.08M | -$979K | $38K | $43K |
| Net Income Margin | 13.0% | 9.0% | -42.5% | 4.4% | 33.4% | 23.6% | -12.2% | -16.1% | -37.7% | -18.2% | 80.6% | -55.0% | -78.7% | 15.1% | -59.7% | -73.8% | -86.3% | -21.4% | -88.2% | -38.0% | 1.7% | 2.0% |
| Supplementary Data | ||||||||||||||||||||||
| EPS | 0.00 | 0.00 | -0.01 | 0.00 | 0.01 | 0.01 | -0.00 | -0.00 | -0.01 | -0.00 | 0.01 | -0.02 | -0.02 | 0.00 | -0.03 | -0.05 | -0.14 | -0.06 | -0.21 | -0.03 | 0.03 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | -0.01 | 0.00 | 0.01 | 0.01 | -0.00 | -0.00 | -0.01 | -0.00 | 0.01 | -0.02 | -0.02 | 0.00 | -0.03 | -0.05 | -0.14 | -0.06 | -0.21 | -0.03 | 0.03 | 0.00 |
| Weighted Average OS | 85.66M | 85.66M | 85.22M | 84.99M | 84.74M | 84.74M | 79.12M | 74.63M | 66.33M | 62.96M | 58.22M | 54.23M | 46.92M | 45.41M | 41.87M | 34.38M | 34.98M | 34.36M | 34.33M | 28.43M | 24.44M | 24.00M |
| EBITDA | $247K | $242K | -$406K | $146K | $885K | $713K | -$191K | -$246K | -$397K | -$211K | -$431K | -$677K | -$848K | $804K | -$321K | $255K | -$2.47M | $1.18M | -$4.33M | -$994K | $68K | $128K |
| EBITDA Margin | 15.3% | 12.9% | -37.6% | 7.2% | 31.4% | 25.5% | -11.9% | -15.8% | -37.2% | -17.7% | -41.6% | -44.3% | -65.9% | 60.5% | -16.2% | 10.6% | -43.6% | 11.6% | -54.0% | -38.6% | 3.0% | 6.1% |
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 | $1.88M | $1.01M | $1.28M | $1.38M | $1.47M | $643K | $555K | $220K | $236K | $264K | $292K | $271K | $251K | $261K | $347K | $242K | $166K | $447K | $1.15M | $271K | $492K | $81K |
| 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 |
| Cash and Short-Term Investments | $1.88M | $1.01M | $1.28M | $1.38M | $1.47M | $643K | $555K | $220K | $236K | $264K | $292K | $271K | $251K | $261K | $347K | $242K | $166K | $447K | $1.15M | $271K | $492K | $81K |
| Accounts Receivable | $78K | $321K | $108K | $129K | $176K | $340K | $118K | $156K | $122K | $73K | $136K | $256K | $153K | $140K | $143K | $243K | $567K | $1.73M | $1.4M | $390K | $317K | $281K |
| Inventory | $699K | $720K | $972K | $797K | $624K | $439K | $253K | $142K | $155K | $227K | $206K | $216K | $313K | $365K | $393K | $377K | $592K | $766K | $728K | $365K | $306K | $260K |
| Other Current Assets | $8K | $0 | $12K | $20K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $2.66M | $2.09M | $2.37M | $2.33M | $2.31M | $1.45M | $954K | $522K | $517K | $567K | $638K | $746K | $720K | $872K | $886K | $870K | $1.36M | $3.12M | $3.45M | $1.04M | $1.12M | $623K |
| Long-Term Assets | ||||||||||||||||||||||
| Property, Plant & Equipment Net | $82K | $163K | $236K | $54K | $110K | $168K | $62K | $8K | $0 | $0 | $0 | $0 | $1K | $10K | $19K | $60K | $420K | $589K | $260K | $211K | $21K | $24K |
| Goodwill | $60K | $60K | $60K | $60K | $60K | $60K | $60K | $60K | $60K | $60K | $60K | $60K | $60K | $326K | $652K | $652K | $652K | $971K | $948K | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5K | $34K | $73K | $112K | $2.56M | $2.96M | $3.71M | $4.5M | $4.9M | $5.32M | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $3K | $3K | $10K | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$451K | -$3.24M | $0 | $0 | $0 | $38K | $316K | $0 | $0 |
| Other Long-Term Assets | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $451K | $3.24M | $0 | $0 | $57K | $221K | $39K | $5K | $11K |
| Total Long-Term Assets | $145K | $226K | $299K | $117K | $174K | $231K | $125K | $71K | $63K | $63K | $68K | $97K | $138K | $451K | $3.24M | $3.68M | $4.79M | $6.12M | $6.37M | $5.88M | $26K | $35K |
| 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 | $2.81M | $2.31M | $2.67M | $2.45M | $2.48M | $1.68M | $1.08M | $593K | $580K | $631K | $706K | $843K | $858K | $1.32M | $4.12M | $4.55M | $6.15M | $9.24M | $9.82M | $6.92M | $1.15M | $658K |
| Liabilities | ||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||
| Accounts Payable | $61K | $55K | $57K | $55K | $67K | $70K | $109K | $52K | $54K | $59K | $84K | $59K | $43K | $91K | $90K | $204K | $508K | $585K | $515K | $226K | $177K | $132K |
| Short-Term Debt | $105K | $100K | $0 | $0 | $0 | $0 | $55K | $10K | $0 | $0 | $9K | $670K | $761K | $765K | $3.03M | $3.05M | $3.07M | $1.89M | $168K | $18K | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $400 | $400 | $3K | $400 | $400 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $447K | $13K | $119K | $114K | $349K | $13K | $71K | $0 | $58K | $19K | $1K | $0 | $5K | $0 | $0 | $45K | $180K | $26K | $0 | $0 |
| Other Current Liabilities | $369K | $0 | $0 | $24K | $0 | $100 | $303K | $100 | $100 | $0 | $58K | $0 | $0 | $0 | $0 | $0 | $0 | $165K | $54K | $400 | $23K | $31K |
| Total Current Liabilities | $535K | $155K | $596K | $150K | $242K | $243K | $513K | $75K | $124K | $59K | $152K | $1.41M | $1.36M | $1.29M | $4.48M | $4.1M | $3.98M | $2.85M | $916K | $270K | $202K | $186K |
| Long-Term Liabilities | ||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $111K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $619K | $62K | $0 | $269K |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$176K |
| 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 | $33K | $39K |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $96K | $180K | $150K | $57K | $221K | $13K | $75K | $124K | $59K | $152K | $749K | $805K | $816K | $3.13M | $3.26M | $10K | $20K | $659K | $62K | $33K | $308K |
| Other Liabilities | $0 | $0 | $0 | -$150K | $0 | $0 | $0 | -$75K | -$124K | -$59K | -$152K | -$749K | -$805K | -$816K | -$3.13M | -$3.26M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $535K | $251K | $776K | $150K | $299K | $463K | $526K | $75K | $124K | $59K | $152K | $1.41M | $1.36M | $1.29M | $4.48M | $4.1M | $3.99M | $2.87M | $1.58M | $332K | $235K | $494K |
| Stockholders' Equity | ||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $100 | $0 |
| Common Stock | $857K | $857K | $857K | $852K | $850K | $847K | $847K | $791K | $713K | $654K | $610K | $567K | $537K | $472K | $448K | $338K | $352K | $345K | $341K | $307K | $255K | $240K |
| Retained Earnings | -$18.89M | -$19.1M | -$19.27M | -$18.81M | -$18.9M | -$19.84M | -$20.5M | -$20.3M | -$20.05M | -$19.65M | -$19.43M | -$20.27M | -$19.43M | -$18.41M | -$18.62M | -$17.43M | -$15.66M | -$10.77M | -$8.61M | -$1.53M | $145K | $107K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$0 | $0 | $0 | -$0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $257K | $0 | $0 |
| Other Stockholders' Equity | $20.3M | $20.3M | $20.3M | $20.25M | $20.23M | $20.2M | $20.2M | $20.03M | $19.79M | $19.57M | $19.38M | $19.14M | $18.39M | $17.98M | $17.81M | $17.54M | $17.46M | $16.79M | $16.51M | $7.82M | $510K | -$183K |
| Total Equity | $2.27M | $2.06M | $1.89M | $2.3M | $2.18M | $1.21M | $553K | $518K | $455K | $571K | $555K | -$567K | -$499K | $36K | -$358K | $447K | $2.16M | $6.36M | $8.24M | $6.59M | $911K | $164K |
| Minority Interest | $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 | $2.81M | $2.31M | $2.67M | $2.45M | $2.48M | $1.68M | $1.08M | $593K | $580K | $631K | $706K | $843K | $858K | $1.32M | $4.12M | $4.55M | $6.15M | $9.24M | $9.82M | $6.92M | $1.15M | $658K |
| Supplementary Data | ||||||||||||||||||||||
| Total Debt | $105K | $196K | $243K | $57K | $114K | $279K | $68K | $10K | $0 | $0 | $9K | $670K | $761K | $725K | $3.03M | $3.06M | $3.09M | $1.93M | $826K | $80K | $0 | $269K |
| Net Debt | -$1.77M | -$818K | -$1.04M | -$1.32M | -$1.36M | -$363K | -$488K | -$211K | -$236K | -$264K | -$283K | $399K | $509K | $464K | $2.69M | $2.82M | $2.92M | $1.49M | -$328K | -$191K | -$492K | $188K |
Cash Flow Statement
| Period | 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 |
| Period Ending | 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 | -$459K | $89K | $939K | $660K | -$196K | -$250K | -$402K | -$216K | $836K | -$841K | -$1.01M | $201K | -$1.19M | -$624K | -$4.88M | -$2.16M | -$7.08M | -$979K | $38K | $43K |
| Depreciation & Amortization | $61K | $56K | $57K | $62K | $4K | $3K | $5K | $5K | $29K | $40K | $48K | $288K | $331K | $344K | $550K | $1.72M | $1.06M | $134K | $9K | $3K |
| Deferred Income Tax | $0 | -$254K | -$28K | $0 | $0 | $0 | $0 | $0 | -$1.36M | $0 | $215K | $0 | $54K | $0 | $1.33M | $0 | $278K | $0 | $0 | $0 |
| Stock-Based Compensation | $55K | $28K | $28K | $0 | $200K | $104K | $232K | $198K | $256K | $416K | $248K | $118K | $195K | $7K | $423K | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||
| Accounts Receivable | $21K | $46K | $165K | -$222K | $37K | -$33K | -$49K | $63K | $120K | -$104K | -$13K | $3K | $100K | $31K | $452K | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$175K | -$173K | -$186K | -$186K | -$111K | $13K | $72K | -$21K | $10K | $97K | $52K | $28K | -$16K | $2K | $174K | -$38K | -$134K | -$59K | -$46K | -$50K |
| Accounts Payable | $7K | $12K | -$65K | -$94K | -$4K | -$1K | -$5K | -$25K | $49K | $26K | -$35K | -$5K | $0 | $0 | $345K | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$56K | -$151K | $5K | -$236K | $374K | -$59K | $71K | -$58K | $59K | $117K | $213K | $206K | $467K | $510K | $485K | $53K | -$333K | -$857K | -$30K | -$38K |
| Total Working Capital Change | -$203K | -$265K | -$81K | -$738K | $297K | -$80K | $88K | -$41K | $237K | $137K | $217K | $231K | $550K | $543K | $1.45M | $16K | -$467K | -$916K | -$76K | -$88K |
| Other Non-Cash Items | $441K | $254K | -$84K | -$10K | $31K | $208K | $49K | $35K | $30K | $358K | $229K | -$811K | $187K | -$73K | $846K | $142K | $4.28M | $463K | $9K | $0 |
| Net Cash from Operating | -$104K | -$92K | $831K | -$25K | $336K | -$15K | -$28K | -$19K | $32K | $110K | -$56K | -$91K | $130K | $196K | -$275K | -$286K | -$1.93M | -$1.3M | -$20K | -$42K |
| Investing Activities | ||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | -$11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4K | -$402K | -$238K | -$1.57M | $0 | -$5K |
| Acquisitions | $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 |
| Sales of Investments | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $51K | $0 | $0 | -$100K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | -$11K | $0 | $0 | $0 | $0 | $51K | $0 | $0 | -$100K | -$4K | -$402K | -$238K | -$1.57M | $0 | -$5K |
| Financing Activities | ||||||||||||||||||||
| Debt Repaid | - | - | - | -$111K | - | - | - | - | - | - | - | $75K | $10K | $10K | $21K | $26K | -$2.63M | -$80K | $269K | -$25 |
| Common Stock Issuance | $5K | $2K | $28K | $0 | $31K | $208K | $54K | $35K | $30K | $358K | $229K | $75K | $0 | $0 | $0 | $7K | $146K | $2.31M | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $700K | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$5K | -$2K | -$28K | $10K | $0 | $0 | -$54K | -$9K | -$11K | -$90K | $0 | $0 | $0 | $0 | $18K | $0 | $278K | $257K | $0 | $28K |
| Net Cash from Financing | $0 | $2K | $28K | $113K | -$1K | $10K | $54K | -$9K | -$11K | -$90K | -$4K | $5K | -$26K | -$20K | -$3K | -$19K | $3.05M | $2.65M | $431K | $28K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$104K | -$92K | $831K | $87K | $335K | -$15K | -$28K | -$28K | $21K | $20K | -$9K | -$86K | $105K | $77K | -$281K | -$707K | $883K | -$221K | $411K | -$19K |
| Supplementary Data | ||||||||||||||||||||
| Operating Cash Flow | -$104K | -$92K | $831K | -$25K | $336K | -$15K | -$28K | -$19K | $32K | $110K | -$56K | -$91K | $130K | $196K | -$275K | -$286K | -$1.93M | -$1.3M | -$20K | -$42K |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | -$11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4K | -$402K | -$238K | -$1.57M | $0 | -$5K |
| Free Cash Flow | -$104K | -$92K | $831K | -$25K | $336K | -$25K | -$28K | -$19K | $32K | $110K | -$56K | -$91K | $130K | $196K | -$279K | -$688K | -$2.17M | -$2.87M | -$20K | -$47K |
| Cash at Beginning | $1.38M | $1.47M | $643K | $555K | $220K | $236K | $264K | $292K | $271K | $251K | $261K | $347K | $242K | $166K | $447K | $1.15M | $271K | $492K | $81K | $100K |
| Cash at End | $1.28M | $1.38M | $1.47M | $643K | $555K | $220K | $236K | $264K | $292K | $271K | $251K | $261K | $347K | $242K | $166K | $447K | $1.15M | $271K | $492K | $81K |