Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 242.7M | 216.9M | 180.8M | 142.9M | 104.2M |
| Operating Revenue | 242.7M | 216.9M | 180.8M | 142.9M | 104.2M |
| Cost Of Revenue | 47.9M | 41.3M | 34.5M | 28.2M | 20.8M |
| Gross Profit | 194.8M | 175.6M | 146.3M | 114.7M | 83.5M |
| Selling General And Administration | 117.1M | 109.4M | 107.0M | 94.5M | 74.0M |
| General And Administrative Expense | 40.7M | 39.9M | 39.8M | 34.9M | 30.7M |
| Research And Development | 50.1M | 43.9M | 35.5M | 24.8M | 20.4M |
| Depreciation And Amortization In Income Statement | 3.2M | 3.4M | 3.1M | 2.3M | 2.0M |
| Operating Expense | 170.4M | 156.7M | 145.7M | 121.7M | 96.4M |
| Operating Income | 24.5M | 18.9M | 680,000 | -6.9M | -13.0M |
| EBIT | 24.6M | 23.9M | 5.1M | 8.2M | -12.9M |
| Interest Expense | 146,000 | 185,000 | 296,000 | 376,000 | 494,000 |
| Interest Expense Non Operating | 146,000 | 185,000 | 296,000 | 376,000 | 494,000 |
| Interest Income | 1.9M | 2.7M | 8.0M | 3.8M | 437,000 |
| Interest Income Non Operating | 1.9M | 2.7M | 8.0M | 3.8M | 437,000 |
| Net Interest Income | 1.2M | 2.4M | 7.6M | 3.4M | -65,000 |
| Other Income Expense | -1.2M | 2.4M | -3.4M | 11.3M | -388,000 |
| Other Non Operating Income Expenses | 2,000 | 17,000 | -181,000 | 85,000 | 85,000 |
| Special Income Charges | -- | 0.00 | 1.2M | 85,000 | -- |
| Restructuring And Mergern Acquisition | -- | 0.00 | -1.2M | -85,000 | -- |
| Gain On Sale Of Security | -1.2M | 2.4M | -4.4M | 11.1M | -473,000 |
| Pretax Income | 24.4M | 23.7M | 4.8M | 7.8M | -13.4M |
| Tax Provision | -13.1M | -3.0M | 2.0M | 764,000 | 172,000 |
| Tax Effect Of Unusual Items | -186,450 | 357,750 | -1.3M | 1.1M | -125,345 |
| Net Income From Continuing And Discontinued Operation | 37.5M | 26.7M | 2.8M | 7.0M | -13.6M |
| Net Income From Continuing Operation Net Minority Interest | 37.5M | 26.7M | 2.8M | 7.0M | -13.6M |
| Net Income Including Noncontrolling Interests | 37.5M | 26.7M | 2.8M | 7.0M | -13.6M |
| Net Income Common Stockholders | 37.5M | 26.7M | 2.8M | 7.0M | -13.6M |
| Net Income | 37.5M | 26.7M | 2.8M | 7.0M | -13.6M |
| EBITDA | 27.8M | 27.3M | 8.3M | 10.5M | -10.9M |
| Normalized EBITDA | 29.0M | 24.9M | 11.5M | -706,000 | -10.4M |
| Reconciled Depreciation | 3.2M | 3.4M | 3.1M | 2.3M | 2.0M |
| Basic EPS | -- | 0.88 | 0.09 | 0.21 | -0.41 |
| Diluted EPS | -- | 0.86 | 0.08 | 0.21 | -0.41 |
| Basic Average Shares | -- | 30.3M | 32.5M | 33.1M | 32.9M |
| Diluted Average Shares | -- | 31.0M | 33.7M | 34.0M | 32.9M |
| Total Unusual Items | -1.2M | 2.4M | -3.2M | 11.2M | -473,000 |
| Total Unusual Items Excluding Goodwill | -1.2M | 2.4M | -3.2M | 11.2M | -473,000 |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.40 | 0.10 | 0.27 |
| Normalized Income | 38.6M | 24.7M | 4.8M | -3.1M | -13.3M |
| Depreciation Amortization Depletion Income Statement | 3.2M | 3.4M | 3.1M | 2.3M | 2.0M |
| Diluted NI Availto Com Stockholders | 37.5M | 26.7M | 2.8M | 7.0M | -13.6M |
| Net Income Continuous Operations | 37.5M | 26.7M | 2.8M | 7.0M | -13.6M |
| Net Non Operating Interest Income Expense | 1.2M | 2.4M | 7.6M | 3.4M | -65,000 |
| Other Gand A | 34.7M | 32.6M | 33.8M | 30.2M | 28.4M |
| Reconciled Cost Of Revenue | 47.9M | 41.3M | 34.5M | 28.2M | 20.8M |
| Salaries And Wages | 6.0M | 7.3M | 6.0M | 4.7M | 2.3M |
| Selling And Marketing Expense | 76.4M | 69.5M | 67.2M | 59.7M | 43.3M |
| Total Expenses | 218.2M | 198.0M | 180.2M | 149.8M | 117.2M |
| Total Operating Income As Reported | 23.2M | 21.3M | -3.7M | 4.2M | -13.4M |
| Total Other Finance Cost | 506,000 | 92,000 | 86,000 | 24,000 | 8,000 |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 74.0M | 92.5M | 72.0M | 216.3M | 215.3M |
| Cash Cash Equivalents And Short Term Investments | 74.0M | 92.6M | 72.0M | 216.5M | 215.4M |
| Other Short Term Investments | 0.00 | 43,000 | 83,000 | 174,000 | 99,000 |
| Accounts Receivable | 45.5M | 39.3M | 36.4M | 29.1M | 22.0M |
| Receivables | 56.1M | 45.6M | 42.7M | 38.0M | 27.8M |
| Prepaid Assets | 11.7M | 8.6M | 6.0M | 6.4M | 7.0M |
| Current Assets | 151.5M | 154.2M | 127.2M | 263.6M | 251.6M |
| Gross PPE | 14.6M | 12.8M | 11.4M | 10.3M | 9.6M |
| Accumulated Depreciation | -10.2M | -9.7M | -8.0M | -5.6M | -3.9M |
| Net PPE | 4.4M | 3.1M | 3.5M | 4.7M | 5.7M |
| Goodwill | 14.5M | 13.9M | 14.3M | 6.0M | 5.3M |
| Goodwill And Other Intangible Assets | 15.6M | 15.5M | 16.7M | 7.1M | 6.9M |
| Other Intangible Assets | 1.0M | 1.7M | 2.4M | 1.1M | 1.6M |
| Investments And Advances | -- | 0.00 | 45,000 | 241,000 | 204,000 |
| Total Non Current Assets | 55.1M | 36.5M | 31.2M | 20.1M | 16.6M |
| Total Assets | 206.6M | 190.7M | 158.4M | 283.7M | 268.2M |
| Current Debt And Capital Lease Obligation | 621,000 | 1.3M | 1.5M | 1.4M | 1.3M |
| Accounts Payable | 36.0M | 34.9M | 31.7M | 26.0M | 22.9M |
| Payables | 36.9M | 36.0M | 31.9M | 26.1M | 22.9M |
| Payables And Accrued Expenses | 36.9M | 36.0M | 31.9M | 26.1M | 22.9M |
| Current Deferred Revenue | 85.5M | 72.9M | 67.3M | 55.8M | 44.6M |
| Other Current Liabilities | -- | 18.3M | -- | 1.1M | 467,000 |
| Current Liabilities | 123.8M | 128.6M | 100.7M | 84.4M | 69.3M |
| Long Term Debt And Capital Lease Obligation | 1.9M | 154,000 | 639,000 | 1.7M | 2.7M |
| Long Term Capital Lease Obligation | 1.9M | 154,000 | 639,000 | 1.7M | 2.7M |
| Other Non Current Liabilities | -- | -- | -- | 1.2M | 2.2M |
| Total Non Current Liabilities Net Minority Interest | 8.8M | 4.3M | 7.0M | 7.1M | 8.3M |
| Total Liabilities Net Minority Interest | 132.6M | 133.0M | 107.7M | 91.5M | 77.6M |
| Common Stock | 244.6M | 253.3M | 247.5M | 268.2M | 266.1M |
| Capital Stock | 244.6M | 253.3M | 247.5M | 268.2M | 266.1M |
| Additional Paid In Capital | 20.9M | 19.1M | 14.0M | 8.5M | 4.3M |
| Retained Earnings | -184.0M | -205.4M | -204.8M | -74.9M | -81.9M |
| Gains Losses Not Affecting Retained Earnings | -7.4M | -9.3M | -5.9M | -9.6M | 2.1M |
| Other Equity Adjustments | -7.4M | -9.3M | -5.9M | -9.6M | 2.1M |
| Common Stock Equity | 74.1M | 57.8M | 50.7M | 192.2M | 190.7M |
| Stockholders Equity | 74.1M | 57.8M | 50.7M | 192.2M | 190.7M |
| Total Equity Gross Minority Interest | 74.1M | 57.8M | 50.7M | 192.2M | 190.7M |
| Total Capitalization | 74.1M | 57.8M | 50.7M | 192.2M | 190.7M |
| Net Tangible Assets | 58.5M | 42.2M | 34.1M | 185.1M | 183.8M |
| Tangible Book Value | 58.5M | 42.2M | 34.1M | 185.1M | 183.8M |
| Working Capital | 27.7M | 25.6M | 26.5M | 179.2M | 182.3M |
| Invested Capital | 74.1M | 57.8M | 50.7M | 192.2M | 190.7M |
| Total Debt | 2.6M | 1.5M | 2.1M | 3.1M | 4.0M |
| Share Issued | 28.7M | 30.3M | 30.3M | 32.9M | 32.9M |
| Ordinary Shares Number | 28.7M | 30.3M | 30.3M | 32.9M | 32.9M |
| Accrued Interest Receivable | 39,000 | 213,000 | 0.00 | 1.7M | 0.00 |
| Allowance For Doubtful Accounts Receivable | -1.0M | -1.1M | -1.1M | -719,000 | -- |
| Buildings And Improvements | -- | -- | -- | -- | 5.0M |
| Capital Lease Obligations | 2.6M | 1.5M | 2.1M | 3.1M | 4.0M |
| Construction In Progress | 0.00 | 268,000 | 0.00 | -- | -- |
| Current Capital Lease Obligation | 621,000 | 1.3M | 1.5M | 1.4M | 1.3M |
| Current Deferred Assets | 9.7M | 7.5M | 6.4M | 2.8M | 1.4M |
| Current Deferred Liabilities | 85.5M | 72.9M | 67.3M | 55.8M | 44.6M |
| Current Provisions | 787,000 | -- | -- | -- | -- |
| Employee Benefits | 3.6M | 3.4M | 3.3M | 2.4M | 2.6M |
| Gross Accounts Receivable | 46.5M | 40.4M | 37.4M | 29.8M | -- |
| Income Tax Payable | 966,000 | 343,000 | 251,000 | 101,000 | 65,000 |
| Land And Improvements | 790,000 | 267,000 | 348,000 | 332,000 | 359,000 |
| Leases | 8.9M | 7.8M | 7.1M | 6.6M | 6.8M |
| Line Of Credit | -- | -- | -- | -- | 0.00 |
| Machinery Furniture Equipment | 4.9M | 4.3M | 3.6M | 3.0M | 2.1M |
| Non Current Accounts Receivable | -- | -- | -- | 241,000 | 204,000 |
| Non Current Deferred Assets | 35.1M | 17.8M | 11.1M | 8.0M | 3.8M |
| Non Current Deferred Liabilities | 3.2M | 823,000 | 2.0M | 1.8M | 808,000 |
| Non Current Deferred Revenue | 2.6M | 794,000 | 617,000 | 528,000 | 116,000 |
| Non Current Deferred Taxes Assets | 20.0M | 5.2M | 325,000 | 118,000 | 0.00 |
| Non Current Deferred Taxes Liabilities | 663,000 | 29,000 | 1.4M | 1.3M | 692,000 |
| Non Current Pension And Other Postretirement Benefit Plans | -- | -- | 3.3M | 2.4M | 2.6M |
| Other Payable | -- | 838,000 | -- | -- | -- |
| Other Properties | -- | 163,000 | 332,000 | 382,000 | 330,000 |
| Other Receivables | 5.4M | 4.4M | 3.5M | 3.7M | 3.3M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Taxes Receivable | 5.2M | 1.7M | 2.9M | 3.5M | 2.5M |
| Total Tax Payable | 966,000 | 343,000 | 251,000 | 101,000 | 65,000 |
| Tradeand Other Payables Non Current | -- | 0.00 | 1.0M | 0.00 | -- |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | 28.2M | 29.2M | 16.0M | 2.3M | -3.3M |
| Cash Flow From Continuing Operating Activities | 28.2M | 29.2M | 16.0M | 2.3M | -3.3M |
| Depreciation And Amortization | 3.2M | 3.4M | 3.1M | 2.3M | 2.0M |
| Depreciation Amortization Depletion | 3.2M | 3.4M | 3.1M | 2.3M | 2.0M |
| Stock Based Compensation | 6.0M | 7.3M | 6.0M | 4.7M | 2.3M |
| Deferred Tax | -13.1M | -3.0M | 2.0M | 764,000 | 172,000 |
| Deferred Income Tax | -13.1M | -3.0M | 2.0M | 764,000 | 172,000 |
| Change In Working Capital | -3.3M | 1.1M | 7.4M | 3.1M | 5.7M |
| Changes In Account Receivables | -- | -- | -- | -- | -12.3M |
| Change In Receivables | -7.8M | -4.5M | -3.7M | -8.9M | -12.3M |
| Change In Payables And Accrued Expense | -1.4M | 4.5M | 5.5M | 4.4M | 7.6M |
| Change In Payable | -1.4M | 4.5M | 5.5M | 4.4M | 7.6M |
| Change In Other Working Capital | 8.3M | 3.9M | 5.0M | 7.4M | 14.7M |
| Other Non Cash Items | -1.2M | -2.4M | -8.7M | -3.5M | 65,000 |
| Capital Expenditure | -981,000 | -1.2M | -635,000 | -1.1M | -1.1M |
| Purchase Of PPE | -981,000 | -1.2M | -635,000 | -1.1M | -1.1M |
| Net PPE Purchase And Sale | -981,000 | -1.2M | -635,000 | -1.1M | -1.1M |
| Purchase Of Business | -859,000 | -250,000 | -8.9M | -1.2M | 0.00 |
| Investing Cash Flow | -1.8M | -1.5M | -9.5M | -2.2M | -1.1M |
| Cash Flow From Continuing Investing Activities | -1.8M | -1.5M | -9.5M | -2.2M | -1.1M |
| Issuance Of Debt | 43,000 | 80,000 | 105,000 | 159,000 | 95,000 |
| Repayment Of Debt | -1.8M | -2.0M | -1.8M | -1.4M | -1.4M |
| Net Issuance Payments Of Debt | -1.8M | -1.9M | -1.7M | -1.2M | -1.3M |
| Issuance Of Capital Stock | -- | -- | -- | -- | 0.00 |
| Repurchase Of Capital Stock | -47.0M | -11.0M | -159.4M | 0.00 | -- |
| Net Common Stock Issuance | -47.0M | -11.0M | -159.4M | 0.00 | 0.00 |
| Common Stock Payments | -47.0M | -11.0M | -159.4M | 0.00 | -- |
| Financing Cash Flow | -46.6M | -6.8M | -151.0M | 1.7M | 422,000 |
| Cash Flow From Continuing Financing Activities | -46.6M | -6.8M | -151.0M | 1.7M | 422,000 |
| Effect Of Exchange Rate Changes | 1.8M | -323,000 | 218,000 | -745,000 | -358,000 |
| Changes In Cash | -20.3M | 20.9M | -144.6M | 1.7M | -4.0M |
| Beginning Cash Position | 92.5M | 72.0M | 216.3M | 215.3M | 219.7M |
| End Cash Position | 74.0M | 92.5M | 72.0M | 216.3M | 215.3M |
| Free Cash Flow | 27.2M | 28.0M | 15.3M | 1.2M | -4.4M |
| Amortization Cash Flow | 689,000 | 693,000 | 613,000 | -- | -- |
| Amortization Of Intangibles | 689,000 | 693,000 | 613,000 | -- | -- |
| Change In Prepaid Assets | -2.5M | -2.9M | 555,000 | 225,000 | -4.2M |
| Common Stock Issuance | -- | -- | -- | -- | 0.00 |
| Depreciation | 2.5M | 2.7M | 2.5M | -- | -- |
| Long Term Debt Issuance | 43,000 | 80,000 | 105,000 | 159,000 | 95,000 |
| Long Term Debt Payments | -1.8M | -2.0M | -1.8M | -1.4M | -1.4M |
| Net Business Purchase And Sale | -859,000 | -250,000 | -8.9M | -1.2M | 0.00 |
| Net Foreign Currency Exchange Gain Loss | 2.2M | -3.6M | 4.0M | -11.6M | 340,000 |
| Net Income From Continuing Operations | 37.5M | 26.7M | 2.8M | 7.0M | -13.6M |
| Net Long Term Debt Issuance | -1.8M | -1.9M | -1.7M | -1.2M | -1.3M |
| Net Other Financing Charges | 1.4M | 2.5M | 8.0M | 2.1M | 404,000 |
| Operating Gains Losses | 2.3M | -3.6M | 4.2M | -11.6M | 340,000 |
| Proceeds From Stock Option Exercised | 780,000 | 3.6M | 2.2M | 808,000 | 1.3M |
| Taxes Refund Paid | -3.2M | -292,000 | -884,000 | -589,000 | -252,000 |