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$196.66M
Revenue
$-66.00K
Net Income
27.91%
Gross Margin
-0.48%
Op. Margin
$7.37M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 14 annual reports available (2011 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
+ Total Revenue $196.66M $198.94M $201.10M $242.24M $222.01M $194.10M $193.57M $177.16M $147.88M $132.01M $123.47M
Revenue Growth % -1.1% -1.1% -17.0% 9.1% 14.4% 0.3% 9.3% 19.8% 12.0% 6.9% nan%
Cost of Revenue $141.77M $143.35M $150.06M $179.06M $162.57M $142.56M $145.59M $134.64M $116.25M $105.71M $99.67M
+ Gross Profit $54.89M $55.60M $51.04M $63.18M $59.44M $51.54M $47.98M $42.53M $31.63M $26.30M $23.80M
Gross Margin % 27.9% 27.9% 25.4% 26.1% 26.8% 26.6% 24.8% 24.0% 21.4% 19.9% 19.3%
Operating Expenses - - $60.31M $50.98M $41.83M $38.14M $30.99M $30.90M $27.55M $21.79M -
Selling General & Admin $55.83M $51.81M $60.31M $50.98M - - - - $27.55M $21.79M $19.12M
+ Operating Income $-941.00K $3.79M $-9.28M $12.20M $17.61M $13.40M $16.99M $11.62M $4.08M $4.51M $4.68M
Operating Margin % -0.5% 1.9% -4.6% 5.0% 7.9% 6.9% 8.8% 6.6% 2.8% 3.4% 3.8%
Interest Expense - - $43.00K $324.00K $623.00K $779.00K $1.78M $2.06M $925.00K $430.00K $243.00K
Other Income/Expense $219.00K $27.00K $-75.00K $650.00K $-49.00K $96.00K $11.00K $-40.00K $-2.00K $-25.00K $36.00K
Income Before Tax $8.00K $4.42M $-9.03M $12.49M $16.89M $12.63M $15.22M $9.41M $2.95M $4.02M $4.42M
Income Tax Expense $74.00K $1.02M $-1.89M $3.78M $4.67M $2.77M $4.07M $2.72M $1.32M $1.50M $1.67M
+ Net Income $-66.00K $3.40M $-7.14M $8.71M $12.22M $9.86M $11.14M $6.69M $1.63M $2.52M $2.75M
Net Margin % -0.0% 1.7% -3.5% 3.6% 5.5% 5.1% 5.8% 3.8% 1.1% 1.9% 2.2%
Basic EPS -0.01 0.29 -0.61 0.75 1.07 0.87 1.01 0.61 0.33 0.57 0.63
Diluted EPS -0.01 0.28 -0.61 0.72 1.02 0.83 0.99 0.60 0.33 0.56 0.62
Basic Shares Outstanding 11.8M 11.7M 11.6M 11.6M 11.4M 11.3M 11.0M 10.9M 5.0M 4.4M 4.3M
Diluted Shares Outstanding 11.9M 12.0M 11.6M 12.1M 12.0M 11.9M 11.2M 11.2M 5.0M 4.5M 4.4M
Breakdown FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
Cash & Cash Equivalents $27.74M $21.15M $7.06M $6.62M $7.68M $2.98M $1.29M $2.48M $829.00K $848.00K
Accounts Receivable $23.84M $22.56M $33.60M $34.15M $22.04M $22.34M $28.91M $22.88M $17.92M $16.39M
Other Current Assets $7.02M $5.50M $3.79M $3.89M $1.35M $1.60M $1.32M $1.53M $701.00K $587.00K
Total Current Assets $66.20M $56.46M $53.17M $53.91M $41.16M $36.93M $40.70M $34.67M $22.96M $20.84M
Property Plant & Equipment $2.00M $1.91M $2.67M $3.04M $1.97M $2.48M $2.21M $1.90M $558.00K $656.00K
Goodwill $27.21M $27.21M $32.51M $32.51M $32.51M $26.11M $26.11M $35.84M $8.43M $8.43M
Intangible Assets $10.31M $13.00M $15.77M $18.76M $21.93M $20.05M $22.74M $25.46M $7.31M $8.13M
Total Assets $111.48M $105.23M $108.88M $113.70M $102.05M $90.58M $92.58M $98.60M $39.49M $38.48M
Accounts Payable $4.68M $4.66M $4.47M $4.95M $2.59M $4.03M $4.13M $5.03M $1.96M $2.21M
Deferred Revenue $329.00K $684.00K $207.00K $544.00K $478.00K $237.00K $258.00K $430.00K $196.00K $341.00K
Total Current Liabilities $20.58M $19.87M $19.56M $26.84M $21.97M $19.09M $17.91M $20.11M $12.26M $11.94M
Long-term Debt - - - $8.33M $12.88M $20.68M $34.13M $34.15M $8.14M $10.74M
Deferred Tax Liabilities - - $920.00K $265.00K - $1.02M - - - -
Total Liabilities $24.05M $23.78M $22.88M $39.27M $42.51M $44.30M $58.31M $71.45M $20.42M $22.67M
Common Stock $135.00K $133.00K $133.00K $131.00K $130.00K $127.00K $126.00K $63.00K $53.00K $52.00K
Retained Earnings $55.82M $52.41M $59.55M $50.84M $38.62M $28.76M $17.61M $10.92M $9.30M $6.78M
Treasury Stock $4.88M $4.80M $4.19M $4.19M $4.19M $4.19M $4.17M $4.15M $4.13M $4.12M
Total Stockholders Equity $87.43M $81.44M $86.00M $74.43M $59.53M $46.28M $34.28M $27.15M $19.07M $15.80M
Total Liabilities & Equity $111.48M $105.23M $108.88M $113.70M $102.05M $90.58M $92.58M $98.60M $39.49M $38.48M
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
Net Income $-1.50M $3.40M $-7.14M $8.71M $12.22M $9.86M $11.14M $6.69M $1.63M $2.52M $2.75M
Stock-based Compensation $5.49M $2.20M $3.08M $2.23M $2.21M $2.02M $936.00K $470.00K $381.00K $408.00K $262.00K
Deferred Income Tax $-1.24M $-509.00K $-1.71M $655.00K $1.06M $-1.82M $1.32M $171.00K $-234.00K $55.00K $-1.00K
Change in Payables $-3.26M $39.00K $186.00K $-479.00K $2.37M $-1.61M $-100.00K $-901.00K $1.69M $-250.00K $699.00K
Operating Cash Flow $8.12M $7.19M $15.98M $12.62M $5.22M $21.23M $16.08M $-471.00K $3.36M $2.29M $3.03M
Capital Expenditure $749.00K $941.00K $335.00K $835.00K $1.90M $298.00K $1.01M $771.00K $1.13M $105.00K $168.00K
Acquisitions - - - - - - - - - - $16.99M
Investing Cash Flow $-806.00K $-941.00K $-216.00K $-818.00K $-2.08M $-9.63M $-879.00K $-1.06M $-35.93M $-38.00K $-17.12M
Debt Repayment - - $1.10M $12.00M $4.40M $15.97M $9.57M $4.00M $7.25M $1.80M $900.00K
Stock Issued - $223.00K $204.00K $263.00K $301.00K $222.00K $168.00K - $6.00M - -
Stock Repurchased $1.71M $80.00K $618.00K - - - $13.00K $20.00K $20.00K $13.00K $206.00K
Financing Cash Flow $-743.00K $654.00K $-1.58M $-10.41M $-4.09M $-6.71M $-13.39M $550.00K $34.23M $-2.27M -
Net Change in Cash $5.98M $6.59M $14.09M $435.00K $-1.05M $4.70M $1.69M $-1.18M $1.65M $-19.00K $-1.72M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $48.50M - $145.91M -
Cost of Revenue $35.03M - $105.74M -
Gross Profit $13.46M - $40.17M -
Selling General & Admin $12.64M - $41.18M -
Operating Income $820.00K - $-1.01M -
Other Income/Expense $149.00K - $118.00K -
Income Before Tax $1.24M - $-317.00K -
Income Tax Expense $294.00K - $46.00K -
Net Income $941.00K $1.39M $-363.00K -
Basic EPS 0.08 - -0.03 -
Diluted EPS 0.08 - -0.03 -
Basic Shares Outstanding $11.76M - $11.76M -
Diluted Shares Outstanding $11.95M - $11.76M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $32.75M $27.74M
Accounts Receivable $20.56M $23.84M
Other Current Assets $7.68M $7.02M
Total Current Assets $69.29M $66.20M
Property Plant & Equipment $1.74M $2.00M
Goodwill $27.21M $27.21M
Intangible Assets $8.36M $10.31M
Total Assets $112.62M $111.48M
Accounts Payable $3.41M $4.68M
Deferred Revenue $308.00K $329.00K
Total Current Liabilities $22.57M $20.58M
Total Liabilities $24.61M $24.05M
Common Stock $136.00K $135.00K
Retained Earnings $55.45M $55.82M
Treasury Stock $6.48M $4.88M
Total Stockholders Equity $88.01M $87.43M
Total Liabilities & Equity $112.62M $111.48M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $941.00K $1.39M $-363.00K -
Stock-based Compensation - - $2.34M -
Deferred Income Tax - - $-170.00K -
Change in Payables - - $-1.26M -
Operating Cash Flow - - $6.78M -
Capital Expenditure - - $351.00K -
Investing Cash Flow - - $-369.00K -
Stock Issued - - $70.00K -
Stock Repurchased - - $1.59M -
Financing Cash Flow - - $-992.00K -
Net Change in Cash - - $5.00M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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