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$59.10M
Revenue
$3.68M
Net Income
38.21%
Gross Margin
6.03%
Op. Margin
$-3.59M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 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)
+ Total Revenue $59.10M $57.84M $61.23M $61.98M $68.64M $102.70M
Revenue Growth % 2.2% -5.5% -1.2% -9.7% -33.2% nan%
Cost of Revenue $36.52M $34.91M $38.40M $40.30M $43.34M $52.22M
+ Gross Profit $22.58M $22.93M $22.83M $21.68M $25.30M $50.48M
Gross Margin % 38.2% 39.6% 37.3% 35.0% 36.9% 49.2%
Operating Expenses $19.02M $19.48M $18.70M $17.03M $17.37M $18.90M
Selling General & Admin $18.20M $18.61M $17.77M $16.22M $16.55M $18.17M
+ Operating Income $3.56M $3.45M $4.13M $4.65M $7.93M $31.58M
Operating Margin % 6.0% 6.0% 6.7% 7.5% 11.5% 30.8%
Other Income/Expense $1.20M $1.57M $1.29M $-255.00K $573.00K $666.00K
Income Tax Expense $1.08M $1.09M $1.24M $1.11M $1.74M $5.16M
+ Net Income $3.68M $3.93M $4.19M $3.28M $6.76M $27.09M
Net Margin % 6.2% 6.8% 6.8% 5.3% 9.8% 26.4%
Basic EPS 0.34 0.35 0.35 0.26 0.51 2.01
Diluted EPS 0.34 0.35 0.35 0.26 0.50 1.94
Basic Shares Outstanding 10.4M 11.1M 11.9M 12.7M 13.2M 13.4M
Diluted Shares Outstanding 10.5M 11.2M 11.9M 12.8M 13.5M 14.0M
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)
Cash & Cash Equivalents $18.64M $20.38M $16.29M $16.31M $23.29M
Accounts Receivable - - $5.38M $3.40M $8.13M
Inventory $22.73M $20.13M $24.40M $24.97M $16.75M
Total Current Assets $50.64M $53.06M $52.56M $53.00M $55.30M
Property Plant & Equipment $8.52M $5.59M $5.74M $6.06M $4.35M
Goodwill $55.00K $55.00K $55.00K $55.00K $55.00K
Intangible Assets - - $1.00K $3.00K $7.00K
Total Assets $73.74M $68.76M $64.80M $67.89M $68.80M
Accounts Payable $1.28M $802.00K $674.00K $528.00K $1.98M
Accrued Liabilities $947.00K $1.10M $833.00K $1.25M $2.79M
Deferred Revenue - - - - $209.00K
Total Current Liabilities $3.12M $2.57M $2.41M $2.66M $5.85M
Deferred Tax Liabilities $503.00K $442.00K $764.00K $791.00K $211.00K
Total Liabilities $11.51M $7.20M $4.04M $5.27M $8.78M
Common Stock $108.00K $114.00K $123.00K $132.00K $135.00K
Retained Earnings $47.26M $46.55M $62.12M $62.49M $59.48M
Total Stockholders Equity $62.23M $61.57M $60.76M $62.62M $60.02M
Total Liabilities & Equity $73.74M $68.76M $64.80M $67.89M $68.80M
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)
Net Income $4.29M $3.93M $4.19M $3.28M $6.76M $27.09M
Depreciation & Amortization $1.07M $873.00K $925.00K $814.00K $817.00K $729.00K
Stock-based Compensation $952.00K $463.00K $170.00K $147.00K $315.00K $375.00K
Deferred Income Tax - $61.00K $-322.00K $-27.00K $228.00K $-13.00K
Change in Receivables $7.52M $-1.81M $121.00K $1.99M $-4.74M $4.56M
Change in Inventory $2.86M $2.60M $-4.27M $-572.00K $8.22M $5.45M
Operating Cash Flow $-1.36M $5.70M $8.46M $4.28M $-480.00K $18.27M
Capital Expenditure $2.22M $3.81M $792.00K $492.00K $2.52M $1.14M
Investing Cash Flow - $-3.78M $-792.00K - $-2.52M $-862.00K
Stock Repurchased $3.35M $4.45M $4.00M $3.88M $4.41M $2.67M
Financing Cash Flow $-6.60M $-3.66M $-3.58M $-3.80M $-3.98M $-668.00K
Net Change in Cash $-10.19M $-1.74M $4.09M $-17.00K $-6.99M $16.74M
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 $14.79M - $45.28M -
Cost of Revenue $8.92M - $27.89M -
Gross Profit $5.87M - $17.39M -
Operating Expenses $4.77M - $14.50M -
Selling General & Admin $4.57M - $13.82M -
Operating Income $1.10M - $2.89M -
Other Income/Expense $196.00K - $789.00K -
Income Tax Expense $317.00K - $843.00K -
Net Income $976.00K $1.64M $2.83M -
Basic EPS 0.09 - 0.27 -
Diluted EPS 0.09 - 0.27 -
Basic Shares Outstanding $10.35M - $10.53M -
Diluted Shares Outstanding $10.49M - $10.64M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $17.66M $18.64M
Inventory $23.48M $22.73M
Total Current Assets $51.75M $50.64M
Property Plant & Equipment $8.21M $8.52M
Goodwill $55.00K $55.00K
Total Assets $73.87M $73.74M
Accounts Payable $1.73M $1.28M
Accrued Liabilities $989.00K $947.00K
Total Current Liabilities $3.67M $3.12M
Deferred Tax Liabilities $503.00K $503.00K
Total Liabilities $11.33M $11.51M
Common Stock $103.00K $108.00K
Retained Earnings $48.27M $47.26M
Total Stockholders Equity $62.54M $62.23M
Total Liabilities & Equity $73.87M $73.74M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $976.00K $1.64M $2.83M -
Depreciation & Amortization $203.00K - $686.00K -
Stock-based Compensation - - $408.00K -
Change in Receivables - - $1.81M -
Change in Inventory - - $746.00K -
Operating Cash Flow - - $2.05M -
Capital Expenditure - - $372.00K -
Investing Cash Flow - - $-372.00K -
Stock Repurchased $624.00K - $2.63M -
Financing Cash Flow - - $-2.66M -
Net Change in Cash - - $-978.00K -

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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