West Red Lake Gold Mines Ltd. (WRLGF)
West Red Lake Gold Mines Ltd., headquartered in British Columbia, Canada, is a company focused on the acquisition, exploration, and development of gold deposits within Canada. Its main asset is the extensive 3,100-hectare West Red Lake project, which includes the NT Zone, Mount Jamie Mine, Rowan Mine, and Red Summit Mine properties. This project is strategically situated in the Red Lake Archean Greenstone Belt, part of the Red Lake Gold District in Northwestern Ontario. The company officially adopted its current name, West Red Lake Gold Mines Ltd., in December 2022, having previously been known as DLV Resources Ltd.
Industry: Gold
West Red Lake Gold Mines Ltd.
OTC:WRLGFBasic Materials · Gold
-4.27%$0.4768
Mkt Cap$197.64M
Float405.6M
O/S414.5M
Inst Own-
SI1.0%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$73.74M
Net Income$357K
Total Assets$195.17M
Free Cash Flow-$50.32M
Debt & Equity
Debt 55%
Equity 45%
Total Debt$83.66M
Total Equity$69.21M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in WRLGF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$195.17M
Liabilities$125.97M
Accounts Receivable$5.6M
Accounts Payable$15.77M
Inventory$5.63M
PP&E (Net)$152.75M
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 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 | 2011-11-30 | 2010-11-30 | 2009-11-30 | 2008-11-30 | 2007-11-30 | 2006-11-30 | 2005-11-30 | 2004-11-30 | 2003-11-30 | 2002-11-30 | 2001-11-30 |
| Revenue | $73.74M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10K | $1K | $3K | $6K | $5K | $18K | $940 | $12K | $7K | $48K | $717K | $74K | $252K | $11K | $19K |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | 807.7% | -55.8% | -55.8% | 7.5% | -71.3% | 1866.8% | -92.3% | 77.0% | -85.7% | -93.3% | 863.6% | -70.5% | 2202.7% | -41.4% | - |
| Cost of Revenue | $41.48M | $1.54M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K | $14K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $32.26M | -$1.54M | -$178K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10K | $1K | $3K | $6K | $5K | $15K | -$13K | $12K | $7K | $48K | $717K | $74K | $252K | $11K | $19K |
| Gross Margin | 43.7% | - | - | - | - | - | - | - | - | - | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 79.8% | -1387.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $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 |
| Selling, General, and Administrative | $13.37M | $67.75M | $22.81M | $162K | $145K | $178K | $145K | $112K | $365K | $40K | $57K | $100K | $80K | $86K | $135K | $233K | $134K | $132K | $137K | $166K | $98K | $36K | $9K | $79K | $107K |
| Other | $2.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $71 | $18K | $18K | $46K | $17K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $15.58M | $67.75M | $22.81M | $162K | $145K | $178K | $145K | $112K | $365K | $40K | $57K | $100K | $80K | $86K | $154K | $251K | $180K | $148K | $137K | $166K | $98K | $36K | $9K | $79K | $107K |
| Operating Income (EBIT) | $16.68M | -$69.3M | -$22.81M | -$162K | -$156K | -$178K | -$145K | -$94K | -$1.15M | -$40K | -$47K | -$99K | -$77K | -$80K | -$148K | -$226K | -$193K | -$136K | -$130K | $48K | $685K | $39K | $243K | -$68K | -$88K |
| Operating Margin | 22.6% | - | - | - | - | - | - | - | - | - | -464.6% | -8836.1% | -3067.6% | -1410.6% | -2797.8% | -1223.8% | -20530.4% | -1108.1% | -1869.8% | 100.0% | 95.5% | 52.3% | 96.3% | -616.7% | -470.2% |
| Interest Expense | $2.95M | $3.94M | $192K | $830 | $1K | $411 | $0 | $0 | $27K | $0 | $0 | $0 | $0 | $0 | $40K | $73K | $88K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $540K | $862K | $339K | $25K | $8K | $0 | $36K | $0 | $0 | $65 | $10K | $1K | $3K | $5K | $5K | $671 | $940 | $12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$16.32M | -$6.9M | -$359K | $25K | $30K | $17K | $36K | -$36K | -$18K | -$33K | $0 | -$135K | $0 | $5K | $1.81M | -$2K | -$36K | $379K | $0 | $0 | $717K | $0 | $249K | -$8K | -$25K |
| Income Before Tax (EBT) | $357K | -$76.19M | -$23.17M | -$559K | -$126K | -$162K | -$109K | -$130K | -$1.17M | -$1.09M | -$206K | -$233K | -$77K | -$75K | $1.67M | -$229K | -$229K | $273K | -$130K | $48K | $1.4M | $113K | $492K | -$76K | -$113K |
| Income Tax Expense | $0 | $0 | $0 | -$137K | $72K | $0 | -$43K | -$97K | -$126K | -$224K | -$208K | $86K | $0 | $0 | $547K | -$547K | $196K | $30K | $10K | $578K | $717K | $779K | $252K | $6K | $130K |
| Net Income | $357K | -$76.19M | -$23.17M | -$137K | -$126K | -$162K | -$109K | -$130K | -$365K | -$40K | -$47K | -$233K | -$77K | -$75K | $1.12M | $318K | -$229K | $243K | -$140K | -$530K | $685K | -$666K | $240K | -$81K | -$244K |
| Net Income Margin | 0.5% | - | - | - | - | - | - | - | - | - | -464.6% | -20924.4% | -3067.6% | -1318.8% | 21090.2% | 1722.0% | -24395.1% | 1984.4% | -2014.0% | -1095.1% | 95.5% | -894.4% | 95.0% | -742.9% | -1302.6% |
| Supplementary Data | |||||||||||||||||||||||||
| EPS | 0.00 | -0.41 | -0.30 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 | -0.08 | -0.01 | -0.01 | -0.05 | -0.02 | -0.02 | 0.25 | 0.10 | -0.05 | 0.30 | -0.16 | -0.62 | 0.80 | -0.78 | 0.30 | -0.10 | -0.30 |
| Diluted EPS | 0.00 | -0.41 | -0.30 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 | -0.08 | -0.01 | -0.01 | -0.05 | -0.02 | -0.02 | 0.25 | 0.10 | -0.05 | 0.30 | -0.16 | -0.62 | 0.80 | -0.78 | 0.25 | -0.10 | -0.30 |
| Weighted Average OS | 355.67M | 258.97M | 108.64M | 14.87M | 14.87M | 14.87M | 14.86M | 12.88M | 6.80M | 6.80M | 6.80M | 6.13M | 6.00M | 6.00M | 6.00M | 4.47M | 6.44M | 1.21M | 1.20M | 1.20M | 1.20M | 1.20M | 1.19M | 1.14M | 1.14M |
| EBITDA | $4.99M | -$70.7M | -$22.8M | -$137K | -$123K | -$162K | -$109K | -$125K | -$360K | -$33K | -$47K | -$196K | -$77K | -$80K | $1.71M | -$155K | -$141K | -$136K | -$130K | $48K | $717K | $39K | $243K | -$68K | -$88K |
| EBITDA Margin | 6.8% | - | - | - | - | - | - | - | - | - | -464.5% | -17565.8% | -3067.5% | -1410.6% | 32148.5% | -838.3% | -15004.7% | -1108.1% | -1869.8% | 100.0% | 100.0% | 52.3% | 96.3% | -616.7% | -470.2% |
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 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 | 2011-11-30 | 2010-11-30 | 2009-11-30 | 2008-11-30 | 2007-11-30 | 2006-11-30 | 2005-11-30 | 2004-11-30 | 2003-11-30 | 2002-11-30 | 2001-11-30 |
| Assets | |||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||
| Cash and Cash Equivalents | $30.25M | $26.29M | $11.63M | $1.17M | $1.44M | $1.57M | $1.73M | $1.82M | $3K | $44K | $98K | $124K | $247K | $863K | $943K | $108K | $139K | $175K | $73K | $617K | $799K | $69K | $757 | $3K | $1K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $467K | $398K | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $30.25M | $26.29M | $11.63M | $1.17M | $1.44M | $1.57M | $1.73M | $1.82M | $3K | $44K | $98K | $124K | $247K | $863K | $943K | $108K | $139K | $642K | $470K | $617K | $799K | $69K | $757 | $3K | $1K |
| Accounts Receivable | $5.6M | $1.02M | $733K | $10K | $2K | $2K | $2K | $1K | $15K | $759 | $621 | $4K | $1K | $2K | $185 | $23K | $146K | $13K | $7K | $5K | $731 | $577 | $461K | $25 | $9K |
| Inventory | $5.63M | $912K | $250K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $547K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $146K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $55K | $2K |
| Total Current Assets | $42.3M | $29.07M | $13.68M | $1.33M | $1.44M | $1.57M | $1.73M | $1.82M | $18K | $45K | $99K | $128K | $248K | $865K | $943K | $678K | $287K | $657K | $479K | $624K | $801K | $71K | $464K | $58K | $12K |
| Long-Term Assets | |||||||||||||||||||||||||
| Property, Plant & Equipment Net | $152.75M | $67.85M | $56.07M | $0 | $0 | $10K | $9K | $9K | $18K | $18K | $18K | $14K | $185K | $185K | $185K | $185K | $185K | $282K | $116K | $97K | $19K | $19K | $705K | $705K | $705K |
| 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 | $0 |
| Intangible 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 |
| Long-Term Investments | $121K | $121K | $121K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10K | $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 | $0 |
| Other Long-Term Assets | $99 | $535K | $0 | $146K | $0 | -$10K | -$9K | -$9K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $40K | $50K | $462K | $461K | $126K | $337K | $345K |
| Total Long-Term Assets | $152.87M | $68.51M | $56.19M | $146K | $0 | $0 | $0 | $0 | $18K | $18K | $18K | $14K | $185K | $185K | $185K | $185K | $185K | $292K | $156K | $147K | $480K | $480K | $831K | $1.04M | $1.05M |
| Other Assets | $0 | $0 | $0 | -$146K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $195.17M | $97.58M | $69.87M | $1.33M | $1.44M | $1.57M | $1.73M | $1.82M | $36K | $63K | $117K | $142K | $433K | $1.05M | $1.13M | $863K | $471K | $949K | $635K | $771K | $1.28M | $551K | $1.29M | $1.1M | $1.06M |
| Liabilities | |||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||
| Accounts Payable | $15.77M | $8.38M | $4K | $51K | $28K | $31K | $29K | $28K | $253K | $26K | $0 | $19K | $15K | $15K | $23K | $37K | $0 | $0 | $23K | $13K | $6K | $5K | $30K | $22K | $19K |
| Short-Term Debt | $4.96M | $998K | $5.36M | $0 | $0 | $0 | $0 | $0 | $0 | $3 | $3 | $11 | $0 | $0 | $0 | $737K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $53K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $10.85M | $9.64M | $3.75M | $38K | $22K | -$5 | $0 | $0 | $113K | -$3 | -$3 | -$11 | $0 | $5K | $0 | $45K | $3K | $136K | $2K | $9K | $44K | $0 | $53K | $149K | $30K |
| Total Current Liabilities | $35.96M | $19.02M | $9.31M | $51K | $28K | $31K | $29K | $28K | $365K | $26K | $40K | $19K | $15K | $20K | $23K | $873K | $29K | $168K | $25K | $22K | $50K | $5K | $82K | $171K | $51K |
| Long-Term Liabilities | |||||||||||||||||||||||||
| Long-Term Debt | $66.12M | $40.27M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $137 | $127 | $97 | $0 | $0 | $0 | $732K | $832K | $922K | $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 | $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 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $15.69M | $15.56M | $13.48M | $0 | $0 | -$27 | $0 | $0 | $0 | -$136 | -$126 | -$96 | $0 | $0 | $0 | -$732K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $90.01M | $57.56M | $13.48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $832K | $922K | $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 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $125.97M | $76.58M | $22.8M | $51K | $28K | $31K | $29K | $28K | $365K | $26K | $40K | $19K | $15K | $20K | $23K | $873K | $862K | $1.09M | $25K | $22K | $50K | $5K | $82K | $171K | $51K |
| 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 |
| Common Stock | $169.58M | $126.66M | $79.02M | $14.76M | $14.76M | $14.76M | $14.76M | $14.74M | $12.49M | $12.49M | $12.49M | $12.49M | $12.35M | $0 | $0 | $0 | $0 | $12.35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$118.98M | -$119.34M | -$36.8M | -$13.63M | -$13.49M | -$13.36M | -$13.2M | -$13.09M | -$12.96M | -$12.6M | -$12.56M | -$12.51M | -$12.07M | -$11.46M | -$11.39M | -$12.53M | -$12.84M | -$12.6M | -$6.67M | -$6.54M | -$6.01M | -$6.69M | -$6.02M | -$6.26M | -$6.18M |
| Comprehensive Income & Other | $18.61M | $13.69M | $4.85M | $141K | $141K | $141K | $141K | $141K | $141K | $141K | $141K | $141K | $141K | $141K | $141K | $0 | $0 | $0 | $0 | $0 | $0 | $20K | $20K | $20K | $0 |
| Other Stockholders' Equity | $18.61M | $13.69M | $4.85M | $141K | $141K | $141K | $141K | $141K | $141K | $141K | $141K | $141K | $141K | $12.49M | $12.49M | $12.52M | $12.45M | $107K | $7.28M | $7.28M | $7.24M | $7.24M | $7.24M | $7.19M | $7.19M |
| Total Equity | $69.21M | $21M | $47.07M | $1.27M | $1.41M | $1.54M | $1.7M | $1.79M | -$329K | $36K | $76K | $123K | $417K | $1.03M | $1.1M | -$10K | -$390K | -$140K | $610K | $749K | $1.23M | $546K | $1.21M | $929K | $1.01M |
| 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 |
| Total Liabilities and Equity | $195.17M | $97.58M | $69.87M | $1.33M | $1.44M | $1.57M | $1.73M | $1.82M | $36K | $63K | $117K | $142K | $433K | $1.05M | $1.13M | $863K | $471K | $949K | $635K | $771K | $1.28M | $551K | $1.29M | $1.1M | $1.06M |
| Supplementary Data | |||||||||||||||||||||||||
| Total Debt | $83.66M | $43M | $5.56M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $737K | $832K | $922K | $0 | $0 | $0 | $0 | $0 | $0 | $2K |
| Net Debt | $53.4M | $16.71M | -$6.06M | -$1.17M | -$1.44M | -$1.57M | -$1.73M | -$1.82M | -$3K | -$44K | -$98K | -$124K | -$247K | -$863K | -$943K | $629K | $693K | $748K | -$73K | -$617K | -$799K | -$69K | -$757 | -$3K | $1K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 | 2011-11-30 | 2010-11-30 | 2009-11-30 | 2008-11-30 | 2007-11-30 | 2006-11-30 | 2005-11-30 | 2004-11-30 | 2003-11-30 | 2002-11-30 | 2001-11-30 |
| Operating Activities | |||||||||||||||||||||||||
| Net Income | $357K | -$76.19M | -$23.17M | -$421 | -$126K | -$895 | -$495 | -$130K | -$1K | -$868 | -$47K | -$233K | -$77K | -$75K | $1.12M | $318K | -$229K | $243K | -$140K | -$530K | $685K | -$666K | $240K | -$81K | -$244K |
| Depreciation & Amortization | $1.69M | $1.54M | $178K | $9 | $3K | $5 | $3 | $4K | $6K | $7K | $9 | $0 | $0 | $0 | $0 | -$71K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $547K | -$547K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $3.68M | $0 | $3K | $35 | $0 | $406 | $15 | $0 | $40 | $474 | $13 | $0 | $0 | $0 | $0 | $74K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||
| Accounts Receivable | -$4.56M | -$288K | -$383K | -$8K | $54 | $138 | -$518 | $14K | $27 | -$138 | $4 | -$3K | $987 | -$2K | $22K | $124K | $10K | -$6K | -$2K | -$4K | -$154 | $461K | $0 | $2K | -$60K |
| Inventory | -$4.61M | -$663K | -$250K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $383K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$10.93M | $10.94M | $249K | $338 | -$3K | -$7 | $1K | -$337K | $29 | -$41 | -$9 | $0 | -$5K | -$3K | -$59K | $13K | -$6K | $8K | $4K | $7K | $1K | -$25K | $0 | $3K | $9K |
| Total Working Capital Change | -$20.1M | $9.99M | -$339 | -$8K | -$3K | -$37 | $15 | -$323K | $56 | -$88 | $24K | $1K | -$4K | -$5K | -$36K | $136K | $4K | $2K | $2K | $3K | $912 | $435K | $7K | $5K | -$52K |
| Other Non-Cash Items | $16.4M | $2.05M | $4.35M | -$32 | -$14K | $31 | $189 | $14K | -$5K | -$7K | $0 | $135K | $0 | $0 | -$1.85M | $0 | -$39K | -$383K | $10K | $460K | -$717K | $631K | -$249K | $8K | $137K |
| Net Cash from Operating | $2.03M | -$62.62M | -$18.64M | -$409 | -$140K | -$491 | -$273 | -$435K | -$745 | -$627 | -$23K | -$97K | -$81K | -$80K | -$219K | -$88K | -$264K | -$138K | -$128K | -$67K | -$31K | $400K | -$2K | -$68K | -$158K |
| Investing Activities | |||||||||||||||||||||||||
| Capital Expenditures | -$52.36M | -$5.11M | -$143K | -$146 | $0 | -$736 | -$7 | -$346 | -$695 | -$475 | -$179 | -$14K | -$421 | $0 | $0 | $0 | $0 | -$122K | -$19K | -$79K | $0 | -$19K | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | -$2.99M | $0 | $11K | $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 | -$463K | -$499K | $0 | -$143K | -$367K | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $467K | $398K | $107K | $0 | $859K | $106K | $0 | $0 | $71K |
| Other Investing Activities | $0 | -$7K | $0 | $0 | $0 | $0 | $11 | $0 | $0 | $0 | $0 | $50K | $9 | $0 | $1.8M | $125K | -$134K | $428K | $0 | $0 | $0 | $0 | -$3K | -$50K | -$23K |
| Net Cash from Investing | -$52.36M | -$5.11M | -$3.13M | -$146 | $11K | -$736 | $4 | $0 | -$695 | -$475 | -$179 | $36K | $0 | $0 | $1.8M | $125K | $333K | $240K | -$411K | -$79K | $717K | -$280K | -$3K | -$50K | $48K |
| Financing Activities | |||||||||||||||||||||||||
| Debt Repaid | -$17.1M | -$38.87M | $70K | $7 | $7 | $2 | - | - | - | - | -$78 | -$104 | - | - | $746K | - | $107K | $398 | - | - | - | - | - | -$120K | - |
| Common Stock Issuance | $48.33M | $44.93M | $33.99M | $0 | $0 | $0 | $16K | $2.24M | $0 | $0 | $0 | $143K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $110K |
| 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 | -$26 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$203K | -$535K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$11.15M | -$1.4M | -$1.69M | $4K | $323 | $2K | $665 | $11K | $720 | $2K | $266 | -$103 | $0 | $0 | $0 | -$67K | $2K | $0 | -$6K | -$36K | $44K | -$53K | $3K | $0 | $0 |
| Net Cash from Financing | $54.29M | $82.4M | $32.22M | $4K | $0 | $2K | $665 | $2.25M | $720 | $2K | $344 | -$61K | -$535K | $0 | -$746K | -$67K | -$105K | -$398 | -$6K | -$36K | $44K | -$53K | $3K | $120K | $110K |
| Forex Effect | $0 | -$7K | $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 | $3.96M | $14.66M | $10.46M | $3K | -$129K | $964 | $395 | $1.82M | -$41K | $855 | -$28 | -$123K | -$616K | -$80K | $834K | -$30K | -$36K | $102K | -$545K | -$181K | $730K | $68K | -$2K | $2K | $289 |
| Supplementary Data | |||||||||||||||||||||||||
| Operating Cash Flow | $2.03M | -$62.62M | -$18.64M | -$409 | -$140K | -$491 | -$273 | -$435K | -$41K | -$627 | -$23K | -$97K | -$81K | -$80K | -$219K | -$88K | -$264K | -$138K | -$128K | -$67K | -$31K | $400K | -$2K | -$68K | -$158K |
| Capital Expenditure | -$52.36M | -$5.11M | -$143K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4K | -$14K | $0 | $0 | $0 | $0 | $0 | -$122K | -$19K | -$79K | $0 | -$19K | $0 | $0 | $0 |
| Free Cash Flow | -$50.32M | -$67.72M | -$18.78M | -$145K | -$140K | -$160K | -$108K | -$435K | -$41K | -$54K | -$26K | -$112K | -$81K | -$80K | -$219K | -$88K | -$264K | -$260K | -$146K | -$146K | -$31K | $382K | -$2K | -$68K | -$158K |
| Cash at Beginning | $26.29M | $11.63M | $1.17M | $1.44M | $1.57M | $1.73M | $1.82M | $3K | $44K | $15 | $124K | $247K | $863K | $943K | $108K | $139K | $175K | $73K | $617K | $799K | $69K | $757 | $3K | $1K | $949 |
| Cash at End | $30.25M | $26.29M | $11.63M | $1.17M | $1.44M | $1.57M | $1.73M | $1.82M | $3K | $59K | $98K | $124K | $247K | $863K | $943K | $108K | $139K | $175K | $73K | $617K | $799K | $69K | $757 | $3K | $1K |