Trutankless, Inc. (TKLS)
Operating through its subsidiary, Bollente, Inc., Trutankless, Inc. is dedicated to the research, development, and commercialization of electric tankless water heaters throughout the United States. The company primarily offers its Trutankless-branded water heating units, designed to deliver a consistent and on-demand hot water supply. Complementing its innovative hardware, Trutankless also provides an adaptable online control interface, home.trutankless.com. This digital platform empowers both residential and commercial clients to remotely monitor real-time operational status, fine-tune temperature settings, review water consumption metrics, and customize alert notifications from any location. Trutankless products reach customers via a network of plumbing wholesale distributors and authorized dealers. Established in 2008, the company's corporate headquarters are situated in Scottsdale, Arizona.
Sector: Household Appliances
Industry: Furnishings, Fixtures & Appliances
Trutankless, Inc.
OTC:TKLSTechnology · Consumer Electronics
Mkt Cap$11.07M
Float99.76M
O/S170.35M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.08M
Net Income-$4.75M
Total Assets$3.11M
Free Cash Flow-$1.78M
Debt & Equity
Debt 5080%
Total Debt$10.16M
Total Equity-$9.96M
Shares Outstanding
Short Interest
Split History2 splits · 1 reverse
- 1:8Reverse splitSep 27, 20218 shares → 1
- 10:1Forward splitMay 19, 20091 share → 10
Balance Sheet Details
Assets$3.11M
Liabilities$13.07M
Accounts Receivable$87K
Accounts Payable$1.47M
Inventory$1.57M
PP&E (Net)$405K
Goodwill$0
Intangible Assets$12K
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Revenue | $1.08M | $242K | $4K | $73K | $246K | $1.66M | $1.91M | $1.54M | $696K | $430K | $266K | $239K | $0 | $0 | $0 | -$14K | $0 | $0 |
| YoY Growth | 346.8% | 6728.7% | -95.1% | -70.3% | -85.2% | -13.0% | 24.1% | 121.0% | 62.0% | 61.8% | 11.1% | - | - | - | - | - | - | - |
| Cost of Revenue | $1.12M | $279K | $8K | $23K | $128K | $1.3M | $1.73M | $1.7M | $531K | $490K | $343K | $440K | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | -$38K | -$37K | $4K | $50K | $118K | $356K | $177K | -$166K | $165K | -$61K | -$77K | -$201K | $0 | $0 | $0 | -$14K | $0 | $0 |
| Gross Margin | -3.6% | -15.3% | 100.0% | 69.1% | 48.1% | 21.4% | 9.3% | -10.8% | 23.7% | -14.1% | -29.2% | -84.3% | - | - | - | 100.0% | - | - |
| Research and Development | $164K | $433K | $442K | $246K | $354K | $188K | $417K | $216K | $165K | $0 | $319K | $877K | $302K | $46K | $60K | $40K | $266K | $30K |
| Selling, General, and Administrative | $909K | $4.75M | $986K | $3.9M | $11.16M | $7.06M | $3.1M | $2.51M | $2.4M | $2.83M | $4.14M | $5.13M | $2.85M | $1.08M | $529K | $960K | $71K | $44K |
| Other | $2.46M | $4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $3.53M | $5.18M | $1.43M | $4.15M | $11.52M | $7.25M | $3.52M | $2.73M | $2.57M | $2.83M | $4.45M | $6.01M | $3.15M | $1.13M | $588K | $1M | $337K | $75K |
| Operating Income (EBIT) | -$3.57M | -$5.22M | -$1.42M | -$4.16M | -$11.04M | -$6.89M | -$3.34M | -$2.89M | -$2.4M | -$2.89M | -$4.53M | $6.21M | -$3.15M | $1.13M | -$588K | -$1M | -$337K | -$75K |
| Operating Margin | -329.7% | -2153.9% | -40128.7% | -5698.0% | -4485.3% | -414.8% | -175.2% | -188.2% | -345.6% | -672.6% | -1706.8% | 2600.0% | - | - | - | 7142.1% | - | - |
| Interest Expense | $899K | $576K | $570K | $557K | $5.01M | $1.71M | $1.39M | $642K | $467K | $384K | $40K | $9K | $45K | $46K | $65K | $598 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$1.18M | -$4.97M | -$614K | -$597K | -$5.98M | -$3.68M | -$1.55M | -$642K | -$467K | -$383K | $238K | -$827K | -$45K | -$2.3M | -$65K | $663K | $0 | $0 |
| Income Before Tax (EBT) | -$4.75M | -$10.19M | -$2.04M | -$4.76M | -$17.01M | -$10.57M | -$4.89M | -$3.54M | -$2.87M | -$3.27M | -$4.29M | -$7.04M | -$3.2M | -$1.17M | -$654K | -$337K | $0 | -$75K |
| Income Tax Expense | $0 | $0 | $0 | $26K | $0 | $0 | $0 | $5 | $0 | $0 | $0 | -$13.24M | $0 | $0 | $0 | $664K | $337K | $0 |
| Net Income | -$4.75M | -$10.19M | -$2.04M | -$4.65M | -$17.38M | -$10.57M | -$4.89M | -$3.54M | -$2.87M | -$3.27M | -$4.29M | -$7.22M | -$3.2M | -$1.17M | -$654K | -$1M | -$337K | -$75K |
| Net Income Margin | -438.7% | -4203.1% | -57437.5% | -6363.7% | -7064.0% | -636.1% | -256.4% | -229.9% | -412.7% | -761.9% | -1617.1% | -3021.2% | - | - | - | 7146.3% | - | - |
| Supplementary Data | ||||||||||||||||||
| EPS | -0.04 | -0.11 | -0.07 | -0.23 | -1.38 | -1.40 | -1.27 | -0.92 | -0.92 | -1.24 | -1.86 | -4.06 | -3.04 | -1.38 | -0.80 | -23.36 | -9.51 | -2.82 |
| Diluted EPS | -0.04 | -0.11 | -0.07 | -0.23 | -1.38 | -1.40 | -1.27 | -0.92 | -0.92 | -1.24 | -1.86 | -4.06 | -3.04 | -1.38 | -0.80 | -23.36 | -9.51 | -2.82 |
| Weighted Average OS | 132.21M | 88.73M | 28.44M | 20.34M | 12.58M | 7.52M | 4.95M | 3.84M | 3.14M | 2.64M | 2.30M | 1.78M | 1.05M | 848,643 | 814,154 | 42,833 | 35,383 | 26,600 |
| EBITDA | -$3.49M | -$9.61M | -$1.46M | -$4.05M | -$11.98M | -$8.86M | -$3.5M | -$2.89M | -$2.4M | -$2.86M | -$4.23M | -$7.01M | $0 | -$1.13M | -$584K | -$1M | -$337K | -$75K |
| EBITDA Margin | -322.3% | -3963.9% | -41104.1% | -5547.4% | -4870.8% | -533.4% | -183.3% | -187.8% | -345.0% | -666.2% | -1593.2% | -2933.5% | - | - | - | 7142.1% | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Assets | ||||||||||||||||||
| Current Assets | ||||||||||||||||||
| Cash and Cash Equivalents | $22K | $1M | $21K | $84K | $60K | $152K | $4K | $10K | $79K | $87K | $4K | $40K | $4K | $4K | $864 | $48 | $988 | $11K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $22K | $1M | $21K | $84K | $39K | $152K | $4K | $10K | $79K | $87K | $4K | $40K | $4K | $4K | $864 | $48 | $988 | $11K |
| Accounts Receivable | $87K | $44K | $0 | $7K | $5K | $110K | $270K | $214K | $129K | $116K | $73K | $54K | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $1.57M | $351K | $0 | $118K | $119K | $25K | $107K | $403K | $157K | $63K | $223K | $174K | $0 | $0 | $0 | $0 | $14K | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $21K | $0 | $0 | $0 | $0 | $0 | $0 | $530K | $1.23M | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $1.82M | $3.01M | $26K | $209K | $185K | $872K | $755K | $854K | $684K | $487K | $811K | $829K | $1.26M | $1.27M | $370K | $48 | $18K | $11K |
| Long-Term Assets | ||||||||||||||||||
| Property, Plant & Equipment Net | $405K | $359K | $203K | $100K | $18K | $34K | $50K | $1K | $1K | $1K | $6K | $9K | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $12K | $12K | $12K | $12K | $0 | $0 | $0 | $12K | $16K | $20K | $39K | $42K | $59K | $4K | $550 | $0 | $0 | $0 |
| Long-Term Investments | $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 |
| Other Long-Term Assets | $873K | $19K | $14K | $2K | $26K | $891K | $122K | $3K | $2K | $2K | $2K | $18K | $2K | $2K | $3K | $0 | $2K | $0 |
| Total Long-Term Assets | $1.29M | $390K | $229K | $114K | $44K | $925K | $172K | $16K | $19K | $23K | $47K | $68K | $61K | $6K | $4K | $0 | $2K | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $3.11M | $3.4M | $256K | $323K | $229K | $1.8M | $927K | $871K | $702K | $510K | $857K | $898K | $1.32M | $1.28M | $374K | $48 | $20K | $11K |
| Liabilities | ||||||||||||||||||
| Current Liabilities | ||||||||||||||||||
| Accounts Payable | $1.47M | $1.23M | $1.47M | $1.23M | $960K | $1.14M | $1.19M | $1.18M | $624K | $462K | $621K | $339K | $77K | $29K | $66K | $146K | $45K | $6K |
| Short-Term Debt | $8.94M | $6.07M | $5.11M | $2.63M | $1.94M | $1.63M | $2.08M | $1.13M | $1.35M | $523K | $212K | $131K | $580K | $60K | $93K | $33K | $10K | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12K | $13K | $12K | $12K | $3K | $0 | $0 | $0 |
| Current Unearned Revenue | $11K | $0 | $0 | $0 | $77K | $207K | $19K | $600 | $5K | $2K | $600 | $600 | $0 | $0 | $0 | $0 | $14K | $0 |
| Other Current Liabilities | -$273K | $555K | $418K | $202K | $646K | $95K | $580K | $0 | $5K | $1K | $0 | $15K | $0 | $10K | $30K | $0 | $0 | $13K |
| Total Current Liabilities | $12.43M | $8.94M | $7.43M | $4.01M | $3.81M | $3.3M | $3.9M | $2.32M | $1.98M | $988K | $891K | $498K | $681K | $116K | $192K | $179 | $69K | $18K |
| Long-Term Liabilities | ||||||||||||||||||
| Long-Term Debt | $629K | $707K | $125K | $1.82M | $312K | $840K | $17K | $509K | $151K | $148K | $233K | $0 | $0 | $500K | $500K | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $11K | $249 | $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 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $640K | $805K | $270K | $1.87M | $312K | $861K | $54K | $509K | $151K | $148K | $233K | $0 | $0 | $500K | $500K | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $13.07M | $9.74M | $7.7M | $5.88M | $4.12M | $4.16M | $3.95M | $2.83M | $2.14M | $1.14M | $1.12M | $498K | $681K | $616K | $692K | $179K | $69K | $18K |
| Stockholders' Equity | ||||||||||||||||||
| Preferred Stock | $0 | $0 | $10 | $10 | $10 | $10 | $76 | $76 | $76 | $61 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $129K | $129K | $39K | $20K | $20K | $74K | $45K | $35K | $28K | $24K | $19K | $17K | $10K | $8K | $6K | $375 | $15K | $1K |
| Retained Earnings | -$81.85M | -$77.1M | -$66.67M | -$64.63M | -$60.37M | -$42.99M | -$32.43M | -$27.53M | -$24M | -$21.07M | -$17.8M | -$13.51M | -$6.48M | -$3.27M | -$2.1M | -$1.41M | -$414K | -$75K |
| Comprehensive Income & Other | $0 | $0 | $1.53M | $0 | $2.29M | $658K | $425K | $178K | $549K | $40K | $750K | $164K | $95K | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $71.76M | $70.63M | $59.18M | $59.05M | $56.46M | $40.56M | $29.35M | $25.54M | $22.54M | $20.42M | $17.51M | $13.89M | $7.11M | $3.92M | $1.77M | $1.23M | $350K | $66K |
| Total Equity | -$9.96M | -$6.35M | -$7.45M | -$5.55M | -$3.89M | -$2.36M | -$3.03M | -$1.96M | -$1.43M | -$627K | -$267K | $400K | $637K | $660K | -$318K | -$179K | -$49K | -$8K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $3.11M | $3.4M | $256K | $323K | $229K | $1.8M | $927K | $871K | $702K | $510K | $857K | $898K | $1.32M | $1.28M | $374K | $48 | $20K | $11K |
| Supplementary Data | ||||||||||||||||||
| Total Debt | $10.16M | $6.94M | $5.45M | $4.56M | $2.27M | $2.51M | $2.15M | $1.64M | $1.5M | $671K | $461K | $131K | $580K | $560K | $593K | $33K | $10K | $0 |
| Net Debt | $10.14M | $5.94M | $5.42M | $4.47M | $2.43M | $2.35M | $2.14M | $1.63M | $1.42M | $584K | $457K | $91K | $575K | $557K | $592K | $33 | $9K | -$11K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Operating Activities | ||||||||||||||||||
| Net Income | -$4.75M | -$10.19M | -$2.04M | -$4.65M | -$17.38M | -$10.57M | -$4.89M | -$3.54M | -$2.87M | -$3.27M | -$4.29M | -$7.04M | -$3.21M | -$1.17M | -$654K | -$1M | -$337K | -$75K |
| Depreciation & Amortization | $80K | $4K | $10K | $13K | $13K | $272 | $950 | $5K | $4K | $27K | $24K | $21K | $3.15M | $0 | $5K | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | -$2.39M | -$9.95M | -$6.29M | -$1.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $649K | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $2.39M | $9.95M | $6.29M | $1.4M | $1.24M | $1.05M | $1.16M | $450K | $2.49M | $112K | $126K | $204K | $465K | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||
| Accounts Receivable | -$43K | -$44K | $7K | -$2K | $105K | $85K | -$92K | -$85K | -$13K | -$44K | -$18K | -$54K | $0 | $0 | $0 | -$21K | $343 | $13K |
| Inventory | -$1.22M | -$351K | $118K | $1K | -$95K | $82K | $296K | -$246K | -$95K | $160K | -$48K | -$174K | $0 | $0 | $0 | $21K | -$14K | $0 |
| Accounts Payable | $1.33M | $218K | $639K | $218K | $421K | -$44K | $61K | $547K | $163K | -$233K | $294K | $262K | $48K | -$37K | $19K | $86K | $24K | $6K |
| Other Working Capital | $2.06M | $98K | $260K | $125K | $1.5M | -$793K | -$268K | $95K | -$95K | $499K | -$161K | $600 | $74K | -$106K | $25K | -$1K | $13K | $0 |
| Total Working Capital Change | $2.13M | -$79K | $752K | $224K | $1.93M | -$670K | -$3K | $311K | -$40K | $382K | $66K | $34K | $122K | -$143K | $50K | $85K | $19K | $18K |
| Other Non-Cash Items | $1.06M | $7.95M | -$540K | $2.59M | $13M | $9.76M | $2.68M | $1.42M | $1.34M | $1.63M | $1.49M | $1.02M | -$637K | $820K | -$632K | $844K | $0 | $10K |
| Net Cash from Operating | -$1.48M | -$2.32M | -$1.82M | -$1.82M | -$2.43M | -$1.47M | -$2.22M | -$1.59M | -$1.52M | -$1.41M | -$2.54M | -$2.73M | -$459K | -$367K | -$185K | -$71K | -$317K | -$46K |
| Investing Activities | ||||||||||||||||||
| Capital Expenditures | -$298K | -$192K | -$5 | $0 | -$25K | $0 | $0 | -$892 | $0 | -$4K | -$18K | -$12K | -$55K | -$4K | -$550 | $0 | $0 | $0 |
| Acquisitions | $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 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $5 | -$205K | $0 | $0 | $0 | $0 | $0 | -$4K | -$17K | -$275 | -$55K | -$4K | -$550 | $0 | $0 | $0 |
| Net Cash from Investing | -$298K | -$192K | $0 | -$205K | -$25K | $0 | $0 | -$892 | $0 | -$4K | -$18K | -$12K | -$55K | -$4K | -$550 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||||||
| Debt Repaid | -$718K | -$1.93M | -$1.34M | -$1.8M | -$782K | -$399K | -$100K | -$35K | -$578K | -$618K | -$305K | $101K | - | -$200 | -$27K | -$15K | - | - |
| Common Stock Issuance | $108K | $273K | $230K | $0 | $1.49M | $807K | $1.53M | $1.2M | $1.04M | $625K | $1.56M | $2.89M | $395K | $408K | $125K | $44K | $295K | $57K |
| Common Stock Repurchases | -$5K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$84K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$23K | $0 | $187K | $227K | $682K | -$33K | $0 | $3K | $3K | $76K | $625K | -$5K | $514K | $0 | $0 | -$21K | $4K | $0 |
| Net Cash from Financing | $798K | $3.49M | $1.75M | $1.84M | $2.37M | $1.62M | $2.21M | $1.52M | $1.6M | $1.5M | $2.52M | $2.78M | $514K | $374K | $187K | $70K | $308K | $57K |
| Forex Effect | $0 | $0 | $0 | $21K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$983K | $983K | -$63K | $24K | -$92K | $147K | -$5K | -$69K | -$9K | $84K | -$37K | $36K | $457 | $3K | $816 | -$940 | -$10K | $11K |
| Supplementary Data | ||||||||||||||||||
| Operating Cash Flow | -$1.48M | -$2.32M | -$1.82M | -$1.82M | -$2.43M | -$1.47M | -$2.22M | -$1.59M | -$1.52M | -$1.41M | -$2.54M | -$2.73M | -$459K | -$367K | -$185K | -$71K | -$317K | -$46K |
| Capital Expenditure | -$298K | -$192K | -$5 | $0 | -$25K | $0 | $0 | -$892 | $0 | -$4K | -$18K | -$12K | -$55K | -$4K | -$550 | $0 | $0 | $0 |
| Free Cash Flow | -$1.78M | -$2.51M | -$1.82M | -$1.82M | -$2.46M | -$1.47M | -$2.22M | -$1.59M | -$1.52M | -$1.41M | -$2.56M | -$2.75M | -$514K | -$371K | -$186K | -$71K | -$317K | -$46K |
| Cash at Beginning | $1M | $21K | $84K | $60K | $152K | $4K | $10K | $79K | $87K | $4K | $40K | $4K | $4K | $864 | $48 | $988 | $11K | $0 |
| Cash at End | $22K | $1M | $21K | $84K | $60K | $152K | $4K | $10K | $79K | $87K | $4K | $40K | $4K | $4K | $864 | $48 | $988 | $11K |