Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 35.0M | 31.6M | 27.9M | 28.6M |
| Operating Revenue | 35.0M | 31.6M | 27.9M | 28.6M |
| Cost Of Revenue | 7.2M | 6.0M | 5.1M | 6.0M |
| Gross Profit | 27.9M | 25.6M | 22.9M | 22.6M |
| Selling General And Administration | 17.6M | 17.3M | 15.2M | 13.7M |
| General And Administrative Expense | 10.8M | 9.7M | 8.8M | 7.6M |
| Research And Development | 171,373 | 83,271 | 121,025 | 160,675 |
| Depreciation And Amortization In Income Statement | 589,948 | 455,338 | 450,998 | 457,106 |
| Other Operating Expenses | 248,681 | 117,931 | 97,474 | 115,867 |
| Operating Expense | 18.8M | 18.1M | 16.0M | 14.4M |
| Operating Income | 9.1M | 7.5M | 6.9M | 8.2M |
| EBIT | 9.8M | 8.6M | 7.5M | 8.5M |
| Interest Expense | 59,152 | 68,411 | 77,142 | 85,246 |
| Interest Expense Non Operating | 59,152 | 68,411 | 77,142 | 85,246 |
| Interest Income | 1.1M | 1.1M | 525,795 | 137,047 |
| Interest Income Non Operating | 1.1M | 1.1M | 525,795 | 137,047 |
| Net Interest Income | 1.0M | 1.1M | 448,653 | 51,801 |
| Other Income Expense | -311,255 | -63,114 | 75,159 | 78,990 |
| Other Non Operating Income Expenses | -- | -- | -- | 125,000 |
| Special Income Charges | -430,016 | 0.00 | -- | -- |
| Gain On Sale Of Security | 118,761 | -63,114 | 75,159 | -46,010 |
| Pretax Income | 9.8M | 8.5M | 7.4M | 8.4M |
| Tax Provision | 2.5M | 2.1M | 2.0M | 2.1M |
| Tax Effect Of Unusual Items | -79,938 | -15,337 | 19,949 | -11,515 |
| Net Income From Continuing And Discontinued Operation | 7.3M | 6.5M | 5.5M | 6.3M |
| Net Income From Continuing Operation Net Minority Interest | 7.3M | 6.5M | 5.5M | 6.3M |
| Net Income Including Noncontrolling Interests | 7.3M | 6.5M | 5.5M | 6.3M |
| Net Income Common Stockholders | 7.3M | 6.5M | 5.5M | 6.3M |
| Net Income | 7.3M | 6.5M | 5.5M | 6.3M |
| EBITDA | 10.4M | 9.1M | 8.0M | 8.9M |
| Normalized EBITDA | 10.7M | 9.1M | 7.9M | 9.0M |
| Reconciled Depreciation | 589,948 | 455,338 | 450,998 | 457,106 |
| Basic EPS | 0.64 | 0.54 | 0.44 | 0.49 |
| Diluted EPS | 0.64 | 0.53 | 0.43 | 0.49 |
| Basic Average Shares | 11.3M | 11.9M | 12.3M | 12.7M |
| Diluted Average Shares | 11.3M | 12.2M | 12.5M | 12.9M |
| Total Unusual Items | -311,255 | -63,114 | 75,159 | -46,010 |
| Total Unusual Items Excluding Goodwill | -311,255 | -63,114 | 75,159 | -46,010 |
| Tax Rate For Calcs | 0.26 | 0.24 | 0.27 | 0.25 |
| Normalized Income | 7.5M | 6.5M | 5.4M | 6.3M |
| Amortization | 308,728 | 162,706 | 145,648 | 142,267 |
| Amortization Of Intangibles Income Statement | 308,728 | 162,706 | 145,648 | 142,267 |
| Depreciation Amortization Depletion Income Statement | 589,948 | 455,338 | 450,998 | 457,106 |
| Depreciation Income Statement | 281,220 | 292,632 | 305,350 | 314,839 |
| Diluted NI Availto Com Stockholders | 7.3M | 6.5M | 5.5M | 6.3M |
| Impairment Of Capital Assets | 430,016 | 0.00 | -- | -- |
| Insurance And Claims | 203,527 | 163,328 | 168,470 | 131,657 |
| Net Income Continuous Operations | 7.3M | 6.5M | 5.5M | 6.3M |
| Net Non Operating Interest Income Expense | 1.0M | 1.1M | 448,653 | 51,801 |
| Other Gand A | 1.7M | 1.6M | 1.2M | 1.2M |
| Provision For Doubtful Accounts | 136,491 | 140,317 | 49,969 | 0.00 |
| Reconciled Cost Of Revenue | 7.2M | 6.0M | 5.1M | 6.0M |
| Salaries And Wages | 8.9M | 8.0M | 7.4M | 6.3M |
| Selling And Marketing Expense | 6.9M | 7.6M | 6.4M | 6.0M |
| Total Expenses | 26.0M | 24.1M | 21.0M | 20.4M |
| Total Operating Income As Reported | 8.8M | 7.5M | 7.0M | 8.2M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 12.1M | 8.0M | 7.9M | 18.0M |
| Cash Cash Equivalents And Short Term Investments | 15.9M | 26.2M | 28.7M | 28.2M |
| Cash Equivalents | 2.5M | 3.1M | 2.6M | 3.6M |
| Cash Financial | 9.6M | 4.9M | 5.3M | 14.5M |
| Other Short Term Investments | 3.8M | 18.2M | 20.8M | 10.2M |
| Accounts Receivable | 2.4M | 2.8M | 2.8M | 2.5M |
| Receivables | 3.0M | 3.5M | 3.7M | 3.2M |
| Inventory | 5.3M | 5.9M | 4.5M | 2.2M |
| Prepaid Assets | 201,971 | 243,460 | 254,958 | 456,034 |
| Current Assets | 24.5M | 35.9M | 37.1M | 34.1M |
| Gross PPE | 3.4M | 3.3M | 3.3M | 3.2M |
| Accumulated Depreciation | -2.2M | -1.9M | -1.6M | -1.3M |
| Net PPE | 1.2M | 1.4M | 1.7M | 1.9M |
| Goodwill And Other Intangible Assets | 5.0M | 1.2M | 1.2M | 874,026 |
| Other Intangible Assets | 5.0M | 1.2M | 1.2M | 874,026 |
| Investments And Advances | 10.1M | 2.5M | 0.00 | -- |
| Total Non Current Assets | 16.9M | 5.7M | 3.3M | 3.1M |
| Total Assets | 41.4M | 41.5M | 40.5M | 37.2M |
| Current Debt And Capital Lease Obligation | 196,627 | 183,314 | 174,055 | 161,809 |
| Accounts Payable | 4.0M | 5.1M | 5.1M | 3.6M |
| Payables | 4.4M | 5.2M | 5.4M | 3.7M |
| Payables And Accrued Expenses | 4.4M | 5.2M | 5.4M | 3.7M |
| Current Deferred Revenue | 813,198 | 134,461 | 164,372 | 313,632 |
| Other Current Liabilities | -- | 27,285 | -- | -- |
| Current Liabilities | 5.4M | 5.5M | 5.7M | 4.1M |
| Long Term Debt And Capital Lease Obligation | 841,104 | 1.0M | 1.2M | 1.4M |
| Long Term Capital Lease Obligation | 841,104 | 1.0M | 1.2M | 1.4M |
| Other Non Current Liabilities | -- | -- | 1.4M | -- |
| Total Non Current Liabilities Net Minority Interest | 951,159 | 1.2M | 1.4M | 1.5M |
| Total Liabilities Net Minority Interest | 6.4M | 6.8M | 7.1M | 5.6M |
| Common Stock | 5.3M | 5.1M | 5.4M | 5.8M |
| Capital Stock | 5.3M | 5.1M | 5.4M | 5.8M |
| Additional Paid In Capital | 2.1M | 2.3M | 2.2M | 1.8M |
| Retained Earnings | 27.7M | 27.5M | 25.9M | 24.1M |
| Gains Losses Not Affecting Retained Earnings | -171,554 | -177,455 | -143,144 | -185,260 |
| Common Stock Equity | 35.0M | 34.8M | 33.4M | 31.6M |
| Stockholders Equity | 35.0M | 34.8M | 33.4M | 31.6M |
| Total Equity Gross Minority Interest | 35.0M | 34.8M | 33.4M | 31.6M |
| Total Capitalization | 35.0M | 34.8M | 33.4M | 31.6M |
| Net Tangible Assets | 30.0M | 33.6M | 32.2M | 30.7M |
| Tangible Book Value | 30.0M | 33.6M | 32.2M | 30.7M |
| Working Capital | 19.1M | 30.3M | 31.4M | 29.9M |
| Invested Capital | 35.0M | 34.8M | 33.4M | 31.6M |
| Total Debt | 1.0M | 1.2M | 1.4M | 1.6M |
| Share Issued | 11.5M | 12.0M | 12.3M | 12.8M |
| Ordinary Shares Number | 11.3M | 11.7M | 12.1M | 12.6M |
| Accrued Interest Receivable | 477,709 | 653,885 | 389,692 | -- |
| Buildings And Improvements | 1.3M | 1.3M | 1.3M | 1.3M |
| Capital Lease Obligations | 1.0M | 1.2M | 1.4M | 1.6M |
| Current Capital Lease Obligation | 196,627 | 183,314 | 174,055 | 161,809 |
| Current Deferred Liabilities | 813,198 | 134,461 | 164,372 | 313,632 |
| Finished Goods | 4.3M | 4.6M | 3.6M | 1.8M |
| Foreign Currency Translation Adjustments | -171,554 | -177,455 | -143,144 | -185,260 |
| Hedging Assets Current | 5,790 | 0.00 | -- | -- |
| Held To Maturity Securities | 10.1M | 2.5M | 0.00 | -- |
| Income Tax Payable | 396,343 | 111,114 | 318,005 | 98,691 |
| Investmentin Financial Assets | 10.1M | 2.5M | 0.00 | -- |
| Leases | 680,511 | 680,511 | 680,511 | 680,511 |
| Loans Receivable | 87,433 | 69,419 | 158,529 | 420,104 |
| Machinery Furniture Equipment | 1.1M | 1.0M | 1.0M | 986,217 |
| Non Current Deferred Assets | 401,166 | 359,470 | 210,281 | 99,216 |
| Non Current Deferred Liabilities | 110,055 | 197,602 | 182,382 | 80,161 |
| Non Current Deferred Taxes Assets | 401,166 | 359,470 | 210,281 | 99,216 |
| Non Current Deferred Taxes Liabilities | 110,055 | 197,602 | 182,382 | 80,161 |
| Non Current Note Receivables | 141,140 | 205,182 | 258,240 | 183,201 |
| Other Properties | 266,367 | 266,367 | 240,005 | 220,078 |
| Other Receivables | 34,191 | 25,329 | 317,758 | 292,928 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 981,253 | 1.3M | 981,397 | 414,641 |
| Taxes Receivable | -- | -- | 0.00 | -- |
| Total Tax Payable | 396,343 | 111,114 | 318,005 | 98,691 |
| Treasury Shares Number | 207,199 | 213,343 | 241,300 | 201,800 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 8.7M | 5.1M | 4.9M | 4.7M |
| Cash Flow From Continuing Operating Activities | 8.7M | 5.1M | 4.9M | 4.7M |
| Depreciation And Amortization | 589,948 | 455,338 | 450,998 | 457,106 |
| Depreciation Amortization Depletion | 589,948 | 455,338 | 450,998 | 457,106 |
| Stock Based Compensation | 553,521 | 513,486 | 439,671 | 334,410 |
| Deferred Tax | -129,243 | -133,969 | -8,844 | -68,246 |
| Deferred Income Tax | -129,243 | -133,969 | -8,844 | -68,246 |
| Change In Working Capital | 888,444 | -1.5M | -1.1M | -2.2M |
| Change In Receivables | 395,318 | 241,363 | -426,373 | -963,282 |
| Change In Inventory | 566,409 | -1.5M | -2.4M | -130,770 |
| Change In Payables And Accrued Expense | -793,509 | -192,097 | 1.7M | -160,352 |
| Change In Payable | -793,509 | -192,097 | 1.7M | -160,352 |
| Change In Other Working Capital | 678,737 | -29,911 | -149,260 | -772,308 |
| Other Non Cash Items | -1.0M | -956,714 | -348,876 | -76,193 |
| Capital Expenditure | -4.7M | -174,230 | -519,317 | -93,181 |
| Purchase Of PPE | -42,282 | -59,526 | -46,817 | -84,710 |
| Net PPE Purchase And Sale | -42,282 | -59,526 | -46,817 | -84,710 |
| Purchase Of Investment | -7.6M | -2.5M | -10.7M | -4.9M |
| Sale Of Investment | 14.4M | 2.6M | -- | -- |
| Net Investment Purchase And Sale | 6.8M | 128,608 | -10.7M | -4.9M |
| Investing Cash Flow | 3.3M | 883,847 | -10.8M | -4.8M |
| Cash Flow From Continuing Investing Activities | 3.3M | 883,847 | -10.8M | -4.8M |
| Repayment Of Debt | -183,314 | -174,055 | -161,812 | -151,949 |
| Net Issuance Payments Of Debt | -183,314 | -174,055 | -161,812 | -151,949 |
| Repurchase Of Capital Stock | -5.2M | -3.1M | -3.7M | -1.8M |
| Net Common Stock Issuance | -5.2M | -3.1M | -3.7M | -1.8M |
| Common Stock Dividend Paid | -2.1M | -1.9M | -483,958 | 0.00 |
| Common Stock Payments | -5.2M | -3.1M | -3.7M | -1.8M |
| Financing Cash Flow | -7.8M | -5.8M | -4.4M | -2.1M |
| Cash Flow From Continuing Financing Activities | -7.8M | -5.8M | -4.4M | -2.1M |
| Effect Of Exchange Rate Changes | 5,901 | -34,311 | 42,116 | -18,555 |
| Changes In Cash | 4.1M | 154,286 | -10.2M | -2.2M |
| Beginning Cash Position | 8.0M | 7.9M | 18.0M | 20.3M |
| End Cash Position | 12.1M | 8.0M | 7.9M | 18.0M |
| Free Cash Flow | 4.0M | 4.9M | 4.4M | 4.6M |
| Income Tax Paid Supplemental Data | 2.4M | 2.4M | 1.8M | 2.3M |
| Amortization Cash Flow | 308,728 | 162,706 | 145,648 | 142,267 |
| Amortization Of Intangibles | 308,728 | 162,706 | 145,648 | 142,267 |
| Asset Impairment Charge | 430,016 | 0.00 | 106,000 | 0.00 |
| Cash Dividends Paid | -2.1M | -1.9M | -483,958 | 0.00 |
| Change In Account Payable | -1.1M | 14,794 | 1.5M | -160,352 |
| Change In Income Tax Payable | 285,229 | -206,891 | 219,314 | -151,504 |
| Change In Prepaid Assets | 41,489 | 11,498 | 201,076 | -148,435 |
| Change In Tax Payable | 285,229 | -206,891 | 219,314 | -151,504 |
| Depreciation | 281,220 | 292,632 | 305,350 | 314,839 |
| Gain Loss On Investment Securities | -33,075 | 27,285 | -- | -78,608 |
| Interest Paid Cff | -59,152 | -68,411 | -77,142 | -85,246 |
| Interest Received Cfi | 1.1M | 770,703 | 191,149 | 146,458 |
| Long Term Debt Payments | -183,314 | -174,055 | -161,812 | -151,949 |
| Net Income From Continuing Operations | 7.3M | 6.5M | 5.5M | 6.3M |
| Net Intangibles Purchase And Sale | -4.6M | -114,704 | -472,500 | -8,471 |
| Net Long Term Debt Issuance | -183,314 | -174,055 | -161,812 | -151,949 |
| Net Other Financing Charges | -580,134 | -627,192 | -- | -- |
| Net Other Investing Changes | 59,316 | 158,766 | 192,759 | -- |
| Operating Gains Losses | -33,075 | 27,285 | -- | -78,608 |
| Proceeds From Stock Option Exercised | 250,388 | 66,857 | 40,080 | 10,322 |
| Provisionand Write Offof Assets | 136,491 | 140,317 | 49,969 | 0.00 |
| Purchase Of Intangibles | -4.6M | -114,704 | -472,500 | -8,471 |