ZION OIL & GAS INC (ZNOG)
Zion Oil & Gas, Inc., inclusive of its affiliated entities, is an oil and natural gas exploration firm active within Israel. The company possesses the New Megiddo License 428, an onshore petroleum exploration permit situated in Israel and encompassing an area of approximately 99,000 acres. Established in 2000, Zion Oil & Gas, Inc. is headquartered in Dallas, Texas.
Sector: Oil & Gas Field Exploration Services
Industry: Oil & Gas Exploration & Production
Zion Oil & Gas, Inc.
OTC:ZNOGEnergy · Oil & Gas Exploration & Production
-1.42%$0.3470
Mkt Cap$413.58M
Float1.19B
O/S1.19B
Inst Own0.0%
SI0.5%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$7.63M
Total Assets$46.28M
Free Cash Flow-$14.65M
Debt & Equity
Debt 2%
Equity 98%
Total Debt$1.06M
Total Equity$42.43M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ZNOG's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$46.28M
Liabilities$3.85M
Accounts Receivable$113K
Accounts Payable$1.05M
Inventory$0
PP&E (Net)$1.26M
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 | $0 | $0 | $0 | $48.71M | $0 | $0 | $0 | $33.12M | $2.74M | $2.23M | $1.79M | $2.54M | $5.5M | $5.28M | $47.02M | $24.39M | $1.34M | $1.4M | $10.57M | $241K | $246K | $246K | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | 1107.0% | 23.2% | 24.4% | -29.6% | -53.8% | 4.4% | -88.8% | 92.8% | 1714.6% | -3.8% | -86.8% | 4285.6% | -2.2% | 0.0% | - | - | - |
| Cost of Revenue | $635K | $1.04M | $1.03M | $794K | $743K | $60K | $49K | $30.96M | $49K | $56K | $61K | $80K | $86K | $74K | $56K | $34K | $22K | $29K | $16K | $16K | $5K | $80 | $0 | $0 |
| Gross Profit | -$635K | -$1.04M | -$1.03M | $47.91M | -$743K | -$60K | -$49K | $2.16M | $2.69M | $2.17M | $1.73M | $2.54M | $5.5M | $5.28M | $47.02M | $24.39M | $1.34M | $1.4M | $10.57M | $241K | $246K | $246K | $0 | $0 |
| Gross Margin | - | - | - | 98.4% | - | - | - | 6.5% | 98.2% | 97.5% | 96.6% | 100.0% | 100.0% | 100.0% | 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 |
| Selling, General, and Administrative | $4.94M | $4.64M | $5.19M | $6.24M | $7.59M | $4.29M | $4.15M | $6.36M | $6.04M | $6.66M | $5.47M | $4.14M | $3.62M | $5.08M | $5M | $3.29M | $3.22M | $2.68M | $3.76M | $2.46M | $1.54M | $1.13M | $798K | $384K |
| Other | -$635K | -$1.04M | $2.76M | $48.71M | $3.29M | $1.96M | $2.06M | $2.21M | $10K | $43K | $1.79M | $2.54M | $2.22M | $3.31M | $4.53M | $2.37M | $1.34M | $1.4M | $9.49M | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $4.31M | $3.6M | $7.96M | $54.95M | $10.88M | $6.25M | $6.21M | $8.57M | $8.79M | $8.89M | $7.26M | $6.68M | $5.83M | $8.39M | $9.53M | $5.65M | $4.57M | $4.08M | $13.25M | $2.46M | $1.54M | $1.13M | $798K | $384K |
| Operating Income (EBIT) | -$4.94M | -$4.64M | -$7.96M | -$54.95M | -$10.88M | -$6.25M | -$6.52M | -$39.48M | -$8.79M | -$8.89M | -$7.26M | -$6.68M | -$9.12M | -$10.35M | -$52.01M | -$27.68M | -$4.57M | -$4.08M | -$13.25M | -$2.46M | -$1.54M | -$1.13M | -$798K | -$384K |
| Operating Margin | - | - | - | -112.8% | - | - | - | -119.2% | -320.2% | -399.2% | -405.7% | -263.0% | -165.7% | -196.3% | -110.6% | -113.5% | -339.7% | -291.7% | -125.4% | -1019.8% | -625.4% | -459.4% | - | - |
| Interest Expense | $0 | $0 | $1.42M | $34K | $240K | $494K | $374K | $419K | $393K | $231K | $44K | $10K | $0 | $0 | $169K | $22.02M | -$141K | -$57K | -$205K | $52K | $64K | $36K | $18K | $4K |
| Interest Income | $168K | $2K | $2K | $34 | $240 | $494 | $0 | $0 | $0 | $0 | $0 | $0 | $5K | $32 | $25K | $18K | $0 | $77K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$2.68M | -$2.7M | -$2K | -$127K | $160K | -$742K | -$171K | $969K | -$1.2M | $378K | -$44K | -$73K | $46K | $59K | -$169K | $18K | $141K | $57K | $205K | -$52K | -$64K | -$544K | -$18K | -$4K |
| Income Before Tax (EBT) | -$7.63M | -$7.34M | -$7.96M | -$55.08M | -$10.72M | -$7M | -$6.69M | -$38.51M | -$9.99M | -$8.51M | -$7.31M | -$6.76M | -$9.08M | -$10.29M | -$52.18M | -$49.7M | -$4.42M | -$4.02M | -$13.05M | -$2.51M | -$1.6M | -$1.68M | -$815K | -$387K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $44K | $0 | -$46K | -$59K | $169K | -$18K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K |
| Net Income | -$7.63M | -$7.34M | -$7.96M | -$55.08M | -$10.72M | -$7M | -$7.18M | -$38.51M | -$9.99M | -$8.51M | -$7.31M | -$6.76M | -$9.08M | -$10.29M | -$52.18M | -$27.66M | -$4.42M | -$4.02M | -$13.05M | -$2.51M | -$1.6M | -$1.68M | -$815K | -$387K |
| Net Income Margin | - | - | - | -113.1% | - | - | - | -116.3% | -364.0% | -382.3% | -408.2% | -265.9% | -164.9% | -195.1% | -111.0% | -113.4% | -329.2% | -287.6% | -123.5% | -1041.6% | -651.5% | -680.2% | - | - |
| Supplementary Data | ||||||||||||||||||||||||
| EPS | -0.01 | -0.01 | -0.01 | -0.12 | -0.04 | -0.04 | -0.09 | -0.63 | -0.20 | -0.21 | -0.20 | -0.19 | -0.27 | -0.33 | -1.86 | -1.25 | -0.37 | -0.39 | -1.34 | -0.32 | -0.24 | -0.34 | -0.19 | -0.13 |
| Diluted EPS | -0.01 | -0.01 | -0.01 | -0.12 | -0.04 | -0.04 | -0.09 | -0.63 | -0.20 | -0.21 | -0.20 | -0.19 | -0.27 | -0.33 | -1.86 | -1.25 | -0.37 | -0.39 | -1.34 | -0.32 | -0.24 | -0.34 | -0.19 | -0.13 |
| Weighted Average OS | 1.08B | 797.27M | 568.35M | 468.64M | 277.46M | 187.43M | 81.89M | 61.11M | 50.59M | 41.24M | 37.41M | 35.06M | 33.05M | 31.32M | 27.99M | 22.17M | 11.83M | 10.33M | 9.71M | 7.94M | 6.80M | 4.99M | 4.22M | 3.03M |
| EBITDA | -$4.31M | -$6.3M | -$6.93M | -$54.25M | -$10.14M | -$6.19M | -$6.27M | -$38.04M | -$8.74M | -$8.84M | -$7.2M | -$6.6M | -$8.99M | -$10.22M | -$52.13M | -$27.62M | -$4.4M | -$3.99M | -$13.03M | -$2.44M | -$1.54M | -$1.64M | -$798K | -$383K |
| EBITDA Margin | - | - | - | -111.4% | - | - | - | -114.8% | -318.4% | -396.7% | -402.3% | -259.9% | -163.3% | -193.7% | -110.9% | -113.3% | -327.5% | -285.5% | -123.3% | -1013.3% | -623.2% | -665.4% | - | - |
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 | $9.86M | $2.27M | $615K | $1.74M | $4.68M | $11.71M | $4.84M | $2.79M | $6.89M | $3.19M | $2.87M | $5.34M | $10.41M | $14.98M | $22.23M | $21.24M | $20.73M | $1.73M | $4.59M | $3.37M | $1.14M | $468K | $13K | $32K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $531K | $0 | $0 | $0 | $250K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $9.86M | $2.27M | $615K | $1.74M | $4.68M | $11.71M | $4.84M | $2.79M | $6.89M | $3.19M | $2.87M | $5.88M | $10.41M | $14.98M | $22.23M | $21.49M | $20.73M | $1.73M | $4.59M | $3.37M | $1.14M | $468K | $13K | $32K |
| Accounts Receivable | $113K | $27K | $141K | $410K | $1.38M | $2.23M | $256K | $514K | $1.37M | $144K | $374K | $181K | $45K | $607K | $0 | $801K | $961K | $26K | $65K | $0 | $30K | $14K | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.6M | $1.74M | $1.29M | $1.44M | $1.3M | $1.39M | $284K | $0 | $0 | $0 | $0 | $0 | $150K | $150K | $150K | -$2K | $0 |
| Other Current Assets | $1.55M | $1.63M | $1.53M | $1.98M | $1.96M | $4.85M | $1.6M | $1.79M | $1.63M | $1.29M | $1.44M | $1.3M | $1.39M | $284K | $269K | $0 | $0 | $523K | $0 | $0 | $146K | $9K | $0 | $7K |
| Total Current Assets | $11.53M | $3.93M | $2.29M | $4.61M | $8.64M | $19.39M | $6.9M | $5.37M | $10.43M | $4.98M | $5.04M | $7.63M | $12.14M | $16.27M | $22.85M | $23.17M | $22.34M | $2.29M | $4.72M | $3.55M | $1.49M | $501K | $15K | $39K |
| Long-Term Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment Net | $1.26M | $27.32M | $22.41M | $22.48M | $54.25M | $23.66M | $11.39M | $6.87M | $21.89M | $6.51M | $5.17M | $4.08M | $2.65M | $4.92M | $3.77M | $26.04M | $23.84M | $5.33M | $2.66M | $8.54M | $7.74M | $1.41M | $804K | $696K |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $29K | $0 | $0 | $0 | $0 | $0 | $0 | $9K | $990K | $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 | $33.46M | $541K | $475K | $424K | $541K | $446K | $371K | $271K | $234K | $162K | $226K | $169K | $144K | $114K | $146K | $92K | $46K | $58K | $42K | $12K | $7K | $5K | $256K | $3K |
| Total Long-Term Assets | $34.75M | $27.86M | $22.89M | $22.91M | $54.79M | $24.11M | $11.76M | $7.15M | $23.11M | $6.67M | $5.39M | $4.25M | $2.8M | $5.04M | $3.92M | $26.13M | $23.88M | $5.39M | $2.71M | $8.55M | $7.75M | $1.41M | $1.06M | $698K |
| 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 | $46.28M | $31.79M | $25.18M | $27.52M | $63.43M | $43.5M | $18.66M | $12.52M | $33.55M | $11.65M | $10.43M | $11.88M | $14.94M | $21.3M | $26.77M | $49.3M | $46.23M | $7.68M | $7.42M | $12.1M | $9.24M | $1.91M | $1.08M | $737K |
| Liabilities | ||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||
| Accounts Payable | $1.05M | $604K | $777K | $1.77M | $2.78M | $1.37M | $108K | $2.81M | $2.75M | $181K | $396K | $132K | $138K | $631K | $261K | $388K | $159K | $117K | $128K | $261K | $619K | $1.01M | $609K | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $3.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $107K | $81K | $104K | $95K | $51K |
| 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 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $2.56M | $1.41M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $813K | $1.35M | $1.37M | $1.69M | $2.07M | -$1.56M | -$324K | $1.06M | $2.34M | $1.58M | $861K | $672K | $1.85M | $1.11M | $3.55M | $2.19M | $527K | $1.49M | $1.02M | -$143 | $258 | $0 | $0 | $0 |
| Total Current Liabilities | $2.26M | $2.23M | $2.64M | $3.95M | $5.34M | $7.58M | $1.89M | $4.83M | $6.79M | $1.95M | $1.45M | $1.17M | $2.1M | $2.86M | $3.85M | $2.6M | $2.6M | $1.83M | $1.32M | $1.37M | $992K | $1.14M | $710K | $294K |
| Long-Term Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $2.57M | $2.21M | $2M | $1.83M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $31K | $40K | $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 |
| Long-Term Deferred Tax Liabilities | $6.12M | $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 | $662K | $548K | $499K | $457K | $548K | $505K | $402K | $317K | $280K | $206K | $249K | $195K | $177K | $199K | $428K | $339K | $185K | $294K | $316K | $1.12M | $977K | -$4K | $11K | $3K |
| Total Long-Term Liabilities | $1.59M | $1.19M | $523K | $469K | $717K | $812K | $3.44M | $2.56M | $2.32M | $2.03M | $249K | $195K | $177K | $199K | $428K | $339K | $185K | $294K | $316K | $1.12M | $1.01M | $76K | $55K | $3K |
| 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 | $3.85M | $3.41M | $3.16M | $4.42M | $6.05M | $8.39M | $5.33M | $7.39M | $9.11M | $3.98M | $1.7M | $1.36M | $2.27M | $3.06M | $4.28M | $2.93M | $2.79M | $2.12M | $1.63M | $2.48M | $2M | $1.21M | $765K | $297K |
| 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 | $431 |
| Common Stock | $11.56M | $9.65M | $6.4M | $5.24M | $3.64M | $2.37M | $1.24M | $664K | $559K | $426K | $382K | $358K | $340K | $328K | $304K | $248K | $187K | $105K | $101K | $87K | $77K | $55K | $49K | $36K |
| Retained Earnings | -$301.53M | -$293.9M | -$286.56M | -$278.6M | -$223.53M | -$212.8M | -$205.81M | -$199.12M | -$160.6M | -$150.62M | -$142.1M | -$134.8M | -$128.04M | -$118.96M | -$108.67M | -$56.49M | -$28.83M | -$24.41M | -$20.39M | -$7.34M | -$4.83M | -$3.05M | -$1.37M | -$559K |
| Comprehensive Income & Other | $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 Stockholders' Equity | $332.39M | $312.63M | $302.18M | $296.46M | $277.26M | $245.54M | $217.89M | $203.58M | $184.49M | $157.85M | $150.45M | $144.96M | $140.37M | $136.88M | $130.86M | $102.61M | $72.08M | $29.86M | $26.07M | $16.87M | $11.99M | $3.7M | $1.64M | $964K |
| Total Equity | $42.43M | $28.38M | $22.02M | $23.1M | $57.38M | $35.11M | $13.32M | $5.13M | $24.44M | $7.67M | $8.73M | $10.52M | $12.67M | $18.25M | $22.49M | $46.37M | $43.44M | $5.55M | $5.79M | $9.62M | $7.24M | $702K | $310K | $440K |
| 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 | $46.28M | $31.79M | $25.18M | $27.52M | $63.43M | $43.5M | $18.66M | $12.52M | $33.55M | $11.65M | $10.43M | $11.88M | $14.94M | $21.3M | $26.77M | $49.3M | $46.23M | $7.68M | $7.42M | $12.1M | $9.24M | $1.91M | $1.08M | $737K |
| Supplementary Data | ||||||||||||||||||||||||
| Total Debt | $1.06M | $744K | $191K | $208K | $372K | $3.53M | $3.28M | $2.24M | $2.04M | $1.83M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $107K | $112K | $144K | $139K | $51K |
| Net Debt | -$8.8M | -$1.53M | -$424K | -$1.53M | -$4.31M | -$8.18M | -$1.56M | -$550K | -$4.85M | -$1.37M | -$2.87M | -$5.34M | -$10.41M | -$14.98M | -$22.23M | -$21.24M | -$20.73M | -$1.73M | -$4.59M | -$3.26M | -$1.03M | -$324K | $125K | $18K |
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 | -$7.63M | -$7.34M | -$7.96M | -$55.08M | -$10.72M | -$7M | -$6.69M | -$38.51M | -$9.99M | -$8.51M | -$7.31M | -$6.76M | -$9.08M | -$10.29M | -$52.18M | -$27.66M | -$4.42M | -$4.02M | -$13.05M | -$2.51M | -$1.6M | -$1.68M | -$815K | -$387K |
| Depreciation & Amortization | $635K | $1.04M | $1.03M | $794K | $743K | $60K | $49K | $56K | $49K | $56K | $61K | $80K | $86K | $74K | $56K | $34K | $22K | $29K | $16K | $16K | $5K | $80 | $69 | $26 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$431K | $302K | $98K | $29.39M | $961K | -$774K | $0 | $0 | $3.29M | $1.97M | $42.51M | $22.48M | $1.01M | $0 | $538K | -$124K | -$929K | -$547K | $0 | $0 |
| Stock-Based Compensation | $20K | $334K | $1.03M | $1.65M | $3.32M | $59K | $316K | $1.51M | $2.47M | $2.87M | $1.7M | $1.13M | $953K | $1.89M | -$21K | -$456K | -$1.01M | $0 | -$534K | $124K | $929K | $929K | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||
| Accounts Receivable | -$86K | $114K | $269K | $973K | $852K | -$1.98M | $258K | $856K | -$1.23M | $230K | -$193K | -$136 | $562 | -$607 | $0 | $0 | $0 | $0 | $0 | $0 | $120K | $827K | $0 | $0 |
| Inventory | $0 | $0 | $0 | -$973K | -$852K | $1.98M | -$258K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$150K | -$150K | $0 | $0 |
| Accounts Payable | $31K | -$30K | $90K | $70K | $64K | $105K | -$173K | $75K | $15K | -$181K | $261K | -$8K | $2K | -$176K | -$127K | $229K | $47K | -$11K | -$134K | $0 | -$240K | -$240K | $516K | $0 |
| Other Working Capital | -$986K | -$411K | $269K | $1.24M | $1.02M | -$3.91M | $228K | $1.27M | -$1.89M | -$151K | -$307K | -$913K | $119K | -$2.23M | $2.36M | -$196K | -$341K | $166K | -$736K | $647K | $939K | $24K | $17K | $394K |
| Total Working Capital Change | -$1.04M | -$327K | $628K | $1.31M | $1.09M | -$3.81M | $55K | $1.34M | -$1.87M | -$332K | -$46K | -$921K | $121K | -$2.4M | $2.23M | $33K | -$294K | $155K | -$870K | $647K | $669K | $462K | $533K | $394K |
| Other Non-Cash Items | $20K | $63K | -$348K | $45.62M | $190K | $459K | $366K | $385K | $290K | $349K | $11K | $25K | -$20K | -$15K | $1.97M | $494K | $922K | $436K | $10.38M | $1.04M | $605K | $507K | $60K | $0 |
| Net Cash from Operating | -$8.01M | -$6.23M | -$5.62M | -$5.7M | -$5.81M | -$9.92M | -$5.81M | -$5.83M | -$8.1M | -$6.34M | -$5.58M | -$6.44M | -$4.65M | -$8.78M | -$5.44M | -$5.08M | -$3.77M | -$3.4M | -$3.51M | -$803K | -$325K | -$324K | -$222K | $7K |
| Investing Activities | ||||||||||||||||||||||||
| Capital Expenditures | -$6.64M | -$5.31M | -$2.35M | -$16.27M | -$29.02M | -$9.72M | -$6.61M | -$15.95M | -$10.88M | -$1.22M | -$1.13M | -$1.55M | -$1.32M | -$2.44M | -$19.71M | -$24.26M | -$18.53M | -$2.69M | -$3.49M | -$815K | -$6.34M | -$605K | -$109K | -$359K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14K | $44K | $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 | -$990K | $0 | $0 | -$467K | $0 | $0 | $0 | -$250K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $133K | $14K | $517K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $35K | $0 | $0 | $0 | $0 | -$6.61M | -$15.95M | $14K | $44K | $517 | -$467 | -$1.08M | -$2.44M | -$13K | -$24.51M | -$18.53M | $0 | -$3.49M | -$815K | -$6.34M | -$6.34M | -$109K | $0 |
| Net Cash from Investing | -$6.64M | -$5.27M | -$2.35M | -$16.27M | -$29.02M | -$9.72M | -$6.61M | -$15.95M | -$11.73M | -$1.16M | -$615K | -$2.02M | -$2.4M | -$2.44M | -$19.73M | -$24.51M | -$18.53M | -$2.69M | -$3.49M | -$815K | -$6.34M | -$605K | -$109K | -$359K |
| Financing Activities | ||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | $30K | $11K | $9K | $22K | -$3.47M | - | - | - | - | - | - | - | - | $107K | - | -$2K | -$505K | -$88K | -$63K |
| Common Stock Issuance | $21.66M | $16.26M | $6.95M | $19.13M | $26.22M | $28.39M | $14.23M | $16.82M | $22.99M | $4.34M | $3.72M | $3.39M | $2.48M | $3.97M | $26.4M | $30.57M | $41.79M | $4.04M | $9.35M | $4.51M | $7.61M | $1.19M | $312K | $274K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$478K | -$815K | $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 | -$490K | -$3.05M | -$941K | $4K | -$94K | $7K | $7K | $19K | $551K | $14K | $0 | $0 | $0 | $0 | -$248K | -$479K | $0 | $0 | -$1.03M | -$662K | -$275K | -$310K | -$88K | $0 |
| Net Cash from Financing | $21.18M | $13.21M | $6.01M | $19.13M | $26.13M | $28.37M | $14.23M | $16.83M | $23.52M | $7.82M | $3.72M | $3.39M | $2.48M | $3.97M | $26.16M | $30.09M | $41.31M | $3.23M | $8.22M | $3.85M | $7.33M | $1.38M | $312K | $337K |
| Forex Effect | $0 | $0 | $483K | $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 | $6.53M | $1.7M | -$1.48M | -$2.84M | -$8.71M | $8.73M | $1.81M | -$4.95M | $3.7M | $321K | -$2.47M | -$5.07M | -$4.57M | -$7.25M | $988K | $509K | $19.01M | -$2.86M | $1.22M | $2.23M | $673K | $455K | -$19K | -$15K |
| Supplementary Data | ||||||||||||||||||||||||
| Operating Cash Flow | -$8.01M | -$6.23M | -$5.13M | -$5.7M | -$5.81M | -$9.92M | -$5.81M | -$5.83M | -$8.1M | -$6.34M | -$5.58M | -$6.44M | -$4.65M | -$8.78M | -$5.44M | -$5.08M | -$3.77M | -$3.4M | -$3.51M | -$803K | -$325K | -$324K | -$222K | $7K |
| Capital Expenditure | -$6.64M | -$5.31M | -$2.35M | -$16.27M | -$29.02M | -$9.72M | -$6.61M | -$15.95M | -$10.88M | -$1.22M | -$1.13M | -$1.55M | -$1.32M | -$2.44M | -$19.71M | -$24.26M | -$18.53M | -$2.69M | -$3.49M | -$815K | -$6.34M | -$605K | -$109K | -$359K |
| Free Cash Flow | -$14.65M | -$11.54M | -$7.49M | -$21.97M | -$34.84M | -$19.64M | -$12.42M | -$21.78M | -$18.98M | -$7.56M | -$6.71M | -$7.99M | -$5.96M | -$11.22M | -$25.16M | -$29.34M | -$22.3M | -$6.09M | -$7M | -$1.62M | -$6.66M | -$929K | -$331K | -$352K |
| Cash at Beginning | $3.34M | $1.64M | $3.11M | $5.95M | $14.66M | $5.93M | $4.13M | $9.08M | $3.19M | $2.87M | $5.34M | $10.41M | $14.98M | $22.23M | $21.24M | $20.73M | $1.73M | $4.59M | $3.37M | $1.14M | $468K | $13K | $32K | $47K |
| Cash at End | $9.86M | $3.34M | $1.64M | $3.11M | $5.95M | $14.66M | $5.93M | $4.13M | $6.89M | $3.19M | $2.87M | $5.34M | $10.41M | $14.98M | $22.23M | $21.24M | $20.73M | $1.73M | $4.59M | $3.37M | $1.14M | $468K | $13K | $32K |