Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 73.7M | 71.1M | 68.8M | 64.0M | 71.2M |
| Operating Revenue | 73.7M | 71.1M | 68.8M | 64.0M | 71.2M |
| Cost Of Revenue | 40.6M | 41.2M | 50.0M | 33.4M | 45.3M |
| Gross Profit | 33.1M | 29.9M | 18.8M | 30.5M | 25.9M |
| Selling General And Administration | 16.6M | 15.9M | 17.5M | 15.7M | 15.0M |
| General And Administrative Expense | 7.2M | 7.1M | 7.7M | 7.4M | 7.8M |
| Research And Development | 13.2M | 12.1M | 11.3M | 11.5M | 11.3M |
| Operating Expense | 29.7M | 28.0M | 28.8M | 27.2M | 26.3M |
| Operating Income | 3.3M | 1.9M | -10.0M | 3.4M | -411,000 |
| EBIT | 1.9M | 2.8M | -15.6M | 3.6M | -7.8M |
| Interest Expense | 2.1M | 2.9M | 3.2M | 2.0M | 2.2M |
| Interest Expense Non Operating | 2.1M | 2.9M | 3.2M | 2.0M | 2.2M |
| Interest Income | 1,000 | 6,000 | -13,000 | 10,000 | 0.00 |
| Interest Income Non Operating | 1,000 | 6,000 | -13,000 | 10,000 | 0.00 |
| Net Interest Income | -2.1M | -2.9M | -3.2M | -2.0M | -2.3M |
| Other Income Expense | -1.4M | 903,000 | -5.5M | 232,000 | -7.3M |
| Other Non Operating Income Expenses | -17,000 | 26,000 | -402,000 | -9,000 | 16,000 |
| Special Income Charges | -22,000 | -12,000 | -6.6M | -10,000 | -3.0M |
| Restructuring And Mergern Acquisition | 0.00 | -- | -391,000 | 4,000 | 2.9M |
| Gain On Sale Of Security | -1.4M | 889,000 | 1.5M | 251,000 | -4.3M |
| Pretax Income | -185,000 | -106,000 | -18.8M | 1.6M | -10.0M |
| Tax Provision | -298,000 | -310,000 | -5.6M | 384,000 | -2.1M |
| Tax Effect Of Unusual Items | -207,300 | 131,550 | -1.5M | 59,096 | -1.6M |
| Net Income From Continuing And Discontinued Operation | 113,000 | 204,000 | -13.2M | 1.2M | -7.9M |
| Net Income From Continuing Operation Net Minority Interest | 113,000 | 204,000 | -13.2M | 1.2M | -7.9M |
| Net Income Including Noncontrolling Interests | 113,000 | 204,000 | -13.2M | 1.2M | -7.9M |
| Net Income Common Stockholders | 113,000 | 204,000 | -13.2M | 1.2M | -7.9M |
| Net Income | 113,000 | 204,000 | -13.2M | 1.2M | -7.9M |
| EBITDA | 9.1M | 9.7M | -8.8M | 9.8M | -1.6M |
| Normalized EBITDA | 10.5M | 8.8M | -3.7M | 9.6M | 5.7M |
| Reconciled Depreciation | 7.2M | 6.9M | 6.8M | 6.2M | 6.2M |
| Basic EPS | 0.00 | 0.01 | -- | 0.05 | -0.32 |
| Diluted EPS | 0.00 | 0.01 | -- | 0.05 | -0.32 |
| Basic Average Shares | 24.3M | 24.3M | -- | 24.3M | 24.3M |
| Diluted Average Shares | 24.3M | 24.3M | -- | 24.3M | 24.3M |
| Total Unusual Items | -1.4M | 877,000 | -5.1M | 241,000 | -7.3M |
| Total Unusual Items Excluding Goodwill | -1.4M | 877,000 | -5.1M | 241,000 | -7.3M |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.30 | 0.25 | 0.21 |
| Normalized Income | 1.3M | -541,450 | -9.6M | 1.0M | -2.2M |
| Diluted NI Availto Com Stockholders | 113,000 | 204,000 | -13.2M | 1.2M | -7.9M |
| Gain On Sale Of Ppe | -22,000 | -12,000 | -23,000 | -6,000 | -79,000 |
| Net Income Continuous Operations | 113,000 | 204,000 | -13.2M | 1.2M | -7.9M |
| Net Non Operating Interest Income Expense | -2.1M | -2.9M | -3.2M | -2.0M | -2.3M |
| Other Gand A | 6.7M | 6.6M | 7.3M | 6.9M | 7.3M |
| Reconciled Cost Of Revenue | 40.6M | 41.2M | 50.0M | 33.4M | 45.3M |
| Salaries And Wages | 434,000 | 517,000 | 361,000 | 486,000 | 462,000 |
| Selling And Marketing Expense | 9.4M | 8.8M | 9.8M | 8.2M | 7.3M |
| Total Expenses | 70.4M | 69.2M | 78.8M | 60.6M | 71.6M |
| Total Operating Income As Reported | 3.3M | 1.9M | -17.0M | 3.3M | -3.4M |
| Total Other Finance Cost | 6,000 | 22,000 | 14,000 | 51,000 | 98,000 |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 3.1M | 8.6M | 3.4M | 1.5M | 2.4M |
| Cash Cash Equivalents And Short Term Investments | 3.1M | 8.6M | 3.4M | 1.5M | 2.4M |
| Cash Financial | -- | -- | 3.4M | -- | -- |
| Accounts Receivable | 23.9M | 18.8M | 22.8M | 32.0M | 34.6M |
| Receivables | 29.4M | 23.0M | 26.8M | 35.5M | 38.3M |
| Inventory | 101.2M | 107.8M | 110.6M | 133.4M | 134.2M |
| Prepaid Assets | 5.0M | 5.0M | 4.5M | 3.7M | 3.0M |
| Other Current Assets | 1.7M | 2.0M | 2.2M | 2.8M | 1.2M |
| Current Assets | 140.5M | 146.4M | 147.5M | 176.9M | 179.1M |
| Gross PPE | 58.7M | 59.5M | 61.5M | 58.9M | 58.5M |
| Accumulated Depreciation | -43.4M | -44.0M | -45.7M | -42.9M | -42.3M |
| Net PPE | 15.3M | 15.5M | 15.8M | 16.0M | 16.3M |
| Goodwill | 16.6M | 17.7M | 16.9M | 16.7M | 16.6M |
| Goodwill And Other Intangible Assets | 121.8M | 121.6M | 118.5M | 123.7M | 121.2M |
| Other Intangible Assets | 105.3M | 103.9M | 101.6M | 107.0M | 104.6M |
| Other Non Current Assets | 460,000 | 435,000 | 431,000 | 493,000 | 638,000 |
| Total Non Current Assets | 189.7M | 189.1M | 184.5M | 189.5M | 186.8M |
| Total Assets | 330.2M | 335.5M | 332.1M | 366.4M | 365.9M |
| Current Debt | 45.3M | 41.6M | 41.0M | 52.3M | 38.2M |
| Current Debt And Capital Lease Obligation | 45.3M | 42.8M | 42.3M | 53.5M | 39.5M |
| Accounts Payable | 35.3M | 36.4M | 25.4M | 40.0M | 53.4M |
| Payables | 35.3M | 37.7M | 25.4M | 43.7M | 56.6M |
| Payables And Accrued Expenses | 35.3M | 37.7M | 37.7M | 43.7M | 56.6M |
| Current Accrued Expenses | -- | -- | 12.3M | -- | -- |
| Current Deferred Revenue | 9.1M | 10.9M | 15.2M | 18.3M | 16.2M |
| Other Current Liabilities | 462,000 | 426,000 | 290,000 | 313,000 | 1.7M |
| Current Liabilities | 91.2M | 92.6M | 96.4M | 116.7M | 115.3M |
| Long Term Debt | 24.8M | 22.8M | 16.1M | 11.0M | 11.3M |
| Long Term Debt And Capital Lease Obligation | 24.8M | 26.5M | 19.9M | 15.0M | 15.2M |
| Long Term Capital Lease Obligation | -- | 3.7M | 3.9M | 4.0M | 4.0M |
| Other Non Current Liabilities | -- | -- | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 26.8M | 28.8M | 22.1M | 17.5M | 18.0M |
| Total Liabilities Net Minority Interest | 118.0M | 121.4M | 118.5M | 134.2M | 133.3M |
| Common Stock | 24.2M | 24.2M | 24.2M | 24.2M | 24.1M |
| Capital Stock | 24.2M | 24.2M | 24.2M | 24.2M | 24.1M |
| Retained Earnings | 179.5M | 180.7M | 181.9M | 196.4M | 196.6M |
| Gains Losses Not Affecting Retained Earnings | 8.5M | 9.2M | 7.6M | 11.7M | 12.0M |
| Other Equity Adjustments | 8.5M | 9.2M | 7.6M | 11.7M | 12.0M |
| Common Stock Equity | 212.2M | 214.1M | 213.6M | 232.2M | 232.7M |
| Stockholders Equity | 212.2M | 214.1M | 213.6M | 232.2M | 232.7M |
| Total Equity Gross Minority Interest | 212.2M | 214.1M | 213.6M | 232.2M | 232.7M |
| Total Capitalization | 236.9M | 237.0M | 229.6M | 243.3M | 243.9M |
| Net Tangible Assets | 90.3M | 92.5M | 95.0M | 108.5M | 111.4M |
| Tangible Book Value | 90.3M | 92.5M | 95.0M | 108.5M | 111.4M |
| Working Capital | 49.3M | 53.8M | 51.2M | 60.3M | 63.8M |
| Invested Capital | 282.2M | 278.6M | 270.6M | 295.5M | 282.1M |
| Total Debt | 70.1M | 69.3M | 62.2M | 68.5M | 54.7M |
| Net Debt | 66.9M | 55.9M | 53.6M | 61.8M | 47.1M |
| Share Issued | 24.3M | 24.3M | 24.3M | 24.3M | 24.3M |
| Ordinary Shares Number | 24.3M | 24.3M | 24.3M | 24.3M | 24.3M |
| Allowance For Doubtful Accounts Receivable | -108,000 | -86,000 | -60,000 | -31,000 | -67,000 |
| Capital Lease Obligations | -- | 4.8M | 5.2M | 5.2M | 5.3M |
| Current Capital Lease Obligation | -- | 1.2M | 1.3M | 1.3M | 1.3M |
| Current Deferred Liabilities | 9.1M | 10.9M | 15.2M | 18.3M | 16.2M |
| Current Provisions | 1.1M | 845,000 | 874,000 | 883,000 | 1.4M |
| Dividends Payable | -- | 1.3M | -- | -- | -- |
| Finished Goods | 25.7M | 27.2M | 29.3M | 38.9M | 37.4M |
| Gross Accounts Receivable | 24.0M | 18.9M | 22.9M | 32.0M | 34.7M |
| Hedging Assets Current | -- | -- | -- | -- | -- |
| Income Tax Payable | -- | -- | 0.00 | 3.7M | 3.2M |
| Land And Improvements | 8.8M | 8.8M | 8.6M | 8.6M | 8.6M |
| Leases | -- | -- | 7.5M | -- | -- |
| Line Of Credit | 33.3M | 31.7M | 33.9M | 45.7M | 32.1M |
| Long Term Provisions | 509,000 | 498,000 | 460,000 | 454,000 | 423,000 |
| Non Current Accounts Receivable | 23.0M | 22.4M | 22.2M | 20.7M | 21.0M |
| Non Current Deferred Assets | 29.0M | 29.2M | 27.7M | 28.6M | 27.7M |
| Non Current Deferred Liabilities | 1.5M | 1.8M | 1.8M | 2.1M | 2.3M |
| Non Current Deferred Revenue | 1.5M | 1.8M | 1.8M | 2.1M | 2.3M |
| Non Current Deferred Taxes Assets | 29.0M | 29.2M | 27.7M | 28.6M | 27.7M |
| Other Current Borrowings | 12.0M | 9.8M | 7.1M | 6.5M | 6.1M |
| Other Properties | 49.9M | 50.7M | 45.4M | 50.3M | 49.9M |
| Other Receivables | 2.7M | 3.3M | 1.2M | 2.6M | 2.5M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 60.8M | 70.4M | 73.1M | 82.7M | 83.4M |
| Taxes Receivable | 2.8M | 988,000 | 2.7M | 989,000 | 1.1M |
| Total Tax Payable | -- | -- | 0.00 | 3.7M | 3.2M |
| Work In Process | 14.8M | 10.3M | 8.2M | 11.8M | 13.5M |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | 6.8M | 6.8M | 18.9M | -4.0M | 15.2M |
| Cash Flow From Continuing Operating Activities | 6.8M | 6.8M | 18.9M | -4.0M | 15.2M |
| Depreciation And Amortization | 7.2M | 6.9M | 6.8M | 6.2M | 6.2M |
| Depreciation Amortization Depletion | 7.2M | 6.9M | 6.8M | 6.2M | 6.2M |
| Stock Based Compensation | 434,000 | 517,000 | 361,000 | 486,000 | 462,000 |
| Deferred Tax | -298,000 | -310,000 | -5.6M | 384,000 | -2.1M |
| Deferred Income Tax | -298,000 | -310,000 | -5.6M | 384,000 | -2.1M |
| Change In Working Capital | -1.9M | -1.8M | 17.9M | -10.8M | 21.3M |
| Changes In Account Receivables | -5.6M | 4.1M | 8.0M | 3.2M | 15.1M |
| Change In Receivables | -5.3M | 2.5M | 9.1M | 2.2M | 15.5M |
| Change In Inventory | 5.4M | 1.9M | 13.0M | 770,000 | 6.1M |
| Change In Payables And Accrued Expense | -972,000 | -1.4M | -1.9M | -13.6M | -5.7M |
| Change In Other Working Capital | -1.7M | -4.5M | -2.1M | 1.9M | 3.8M |
| Change In Other Current Assets | 460,000 | -4,000 | 61,000 | 145,000 | 106,000 |
| Other Non Cash Items | 2.1M | 2.9M | 3.2M | 2.3M | 2.1M |
| Capital Expenditure | -10.0M | -8.0M | -9.2M | -8.4M | -8.8M |
| Net PPE Purchase And Sale | 0.00 | 0.00 | 64,000 | 0.00 | 56,000 |
| Purchase Of Business | 0.00 | -- | 0.00 | 0.00 | -3.9M |
| Investing Cash Flow | -10.0M | -8.0M | -9.2M | -8.4M | -12.6M |
| Cash Flow From Continuing Investing Activities | -10.0M | -8.0M | -9.2M | -8.4M | -12.6M |
| Issuance Of Debt | 1.6M | 10.0M | 6.0M | 14.5M | 5.0M |
| Repayment Of Debt | -795,000 | -3.0M | -12.8M | -1.0M | -4.7M |
| Net Issuance Payments Of Debt | 779,000 | 7.0M | -6.8M | 13.5M | 323,000 |
| Issuance Of Capital Stock | -- | -- | -- | -- | -- |
| Net Common Stock Issuance | -- | -- | -- | -- | -- |
| Common Stock Dividend Paid | -- | -- | -- | -1.3M | -- |
| Financing Cash Flow | -1.9M | 7.0M | -8.1M | 12.2M | -2.3M |
| Cash Flow From Continuing Financing Activities | -1.9M | 7.0M | -8.1M | 12.2M | -2.3M |
| Effect Of Exchange Rate Changes | -309,000 | -594,000 | 308,000 | -737,000 | -91,000 |
| Changes In Cash | -5.1M | 5.7M | 1.6M | -132,000 | 227,000 |
| Beginning Cash Position | 8.6M | 3.4M | 1.5M | 2.4M | 2.2M |
| End Cash Position | 3.1M | 8.6M | 3.4M | 1.5M | 2.4M |
| Free Cash Flow | -3.2M | -1.3M | 9.7M | -12.3M | 6.4M |
| Amortization Cash Flow | 5.9M | 5.8M | 5.6M | 5.1M | 4.7M |
| Amortization Of Intangibles | 5.9M | 5.8M | 5.6M | 5.1M | 4.7M |
| Asset Impairment Charge | 979,000 | 1.1M | -- | -- | -1.3M |
| Capital Expenditure Reported | -1.4M | -844,000 | -781,000 | -601,000 | -395,000 |
| Cash Dividends Paid | -2.7M | -- | -1.3M | -1.3M | -2.7M |
| Change In Prepaid Assets | 173,000 | -230,000 | -251,000 | -2.3M | 1.5M |
| Common Stock Issuance | -- | -- | -- | -- | -- |
| Depreciation | 1.3M | 1.2M | 1.2M | 1.1M | 1.5M |
| Gain Loss On Investment Securities | 49,000 | 132,000 | -13,000 | -974,000 | -871,000 |
| Gain Loss On Sale Of PPE | 22,000 | 12,000 | 23,000 | 6,000 | 79,000 |
| Interest Paid Cfo | -1.9M | -2.9M | -3.3M | -2.3M | -2.2M |
| Interest Received Cfo | 1,000 | 6,000 | 10,000 | 12,000 | 0.00 |
| Long Term Debt Issuance | 0.00 | -- | 0.00 | 0.00 | 5.0M |
| Long Term Debt Payments | -795,000 | -417,000 | -980,000 | -1.0M | -824,000 |
| Net Business Purchase And Sale | 0.00 | -- | 0.00 | 0.00 | -3.9M |
| Net Income From Continuing Operations | 113,000 | 204,000 | -13.2M | 1.2M | -7.9M |
| Net Intangibles Purchase And Sale | -8.6M | -7.2M | -8.5M | -7.8M | -8.4M |
| Net Long Term Debt Issuance | -795,000 | -417,000 | -980,000 | -1.0M | 4.2M |
| Net Short Term Debt Issuance | 1.6M | 7.4M | -5.8M | 14.5M | -3.9M |
| Operating Gains Losses | 71,000 | 144,000 | 10,000 | -968,000 | -792,000 |
| Proceeds From Stock Option Exercised | 0.00 | 0.00 | 0.00 | 12,000 | 14,000 |
| Provisionand Write Offof Assets | -- | -- | -- | -434,000 | -- |
| Purchase Of Intangibles | -8.6M | -7.2M | -8.4M | -7.8M | -8.4M |
| Sale Of Intangibles | -- | -- | -- | 0.00 | -- |
| Sale Of PPE | 0.00 | 0.00 | 64,000 | 0.00 | 56,000 |
| Short Term Debt Issuance | 1.6M | 10.0M | 6.0M | 14.5M | 0.00 |
| Short Term Debt Payments | -- | -2.6M | -11.8M | -- | -3.9M |
| Taxes Refund Paid | 0.00 | -3,000 | -2.1M | -38,000 | -526,000 |