Red Violet, Inc(NASDAQ:RDVT)

Red Violet, Inc., a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due dil...
Website: http://www.redviolet.com
Founded: 2017
Full Time Employees: 107
Sector: Technology
Industry: Software-Application
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At a glance:
Bull Thesis:
Bear Thesis:
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Income Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 25,830,000 | 23,392,000 | 23,083,000 | 21,774,000 | 22,003,000 | 19,565,000 | 19,057,000 | 19,056,000 | 17,511,000 | 15,061,000 | 15,837,000 | 14,680,000 | 14,626,000 | 13,069,000 | 15,026,000 | 12,494,000 | 12,729,000 | 11,258,000 | 11,668,000 | 10,879,000 | 10,217,000 | 8,963,000 | 9,267,000 | 7,056,000 | 9,300,000 | 9,050,000 | 8,257,000 | 7,245,000 | 5,734,000 | 4,708,000 | 4,360,000 | 3,909,000 | 3,325,000 |
yoy | 17.39% | 19.56% | 21.13% | 14.26% | 25.65% | 29.91% | 20.33% | 29.81% | 19.73% | 15.24% | 5.40% | 17.50% | 14.90% | 16.09% | 28.78% | 14.85% | 24.59% | 25.61% | 25.91% | 54.18% | 9.86% | -0.96% | 12.23% | -2.61% | 62.19% | 92.23% | 89.38% | 85.34% | 72.45% | ||||
qoq | 10.42% | 1.34% | 6.01% | -1.04% | 12.46% | 2.67% | 0.01% | 8.82% | 16.27% | -4.90% | 7.88% | 0.37% | 11.91% | -13.02% | 20.27% | -1.85% | 13.07% | -3.51% | 7.25% | 6.48% | 13.99% | -3.28% | 31.34% | -24.13% | 2.76% | 9.60% | 13.97% | 26.35% | 21.79% | 7.98% | 11.54% | 17.56% | |
costs and expenses: | |||||||||||||||||||||||||||||||||
cost of revenue | 3,819,000 | 3,891,000 | 3,622,000 | 3,501,000 | 3,661,000 | 3,472,000 | 3,314,000 | 3,455,000 | 3,756,000 | 3,337,000 | 3,313,000 | 3,240,000 | 3,179,000 | 3,054,000 | 3,067,000 | 2,920,000 | 3,170,000 | 2,927,000 | 2,787,000 | 2,720,000 | 2,761,000 | 2,694,000 | 2,703,000 | 2,587,000 | 3,292,000 | 3,414,000 | 3,122,000 | 3,052,000 | 2,669,000 | 2,304,000 | 2,233,000 | 2,084,000 | 2,017,000 |
sales and marketing expenses | 5,858,000 | 5,319,000 | 5,402,000 | 5,622,000 | 5,407,000 | 4,900,000 | 4,817,000 | 4,406,000 | 3,712,000 | 3,501,000 | 3,365,000 | 3,078,000 | 3,889,000 | 2,998,000 | 2,623,000 | 2,822,000 | 2,391,000 | 2,208,000 | 2,154,000 | 2,349,000 | 2,221,000 | 1,959,000 | 2,217,000 | 1,746,000 | 2,176,000 | 2,100,000 | 1,925,000 | 2,003,000 | 1,500,000 | 1,311,000 | 1,126,000 | 1,228,000 | 1,089,000 |
general and administrative expenses | 7,899,000 | 9,813,000 | 6,777,000 | 7,253,000 | 6,174,000 | 8,341,000 | 5,994,000 | 5,750,000 | 5,790,000 | 6,907,000 | 5,223,000 | 5,075,000 | 5,241,000 | 7,119,000 | 5,465,000 | 5,300,000 | 5,353,000 | 6,244,000 | 4,127,000 | 4,890,000 | 4,550,000 | 4,983,000 | 4,147,000 | 4,263,000 | 4,434,000 | 7,565,000 | 3,498,000 | 5,396,000 | 2,365,000 | 2,629,000 | 2,182,000 | 1,742,000 | 1,852,000 |
depreciation and amortization | 2,810,000 | 2,769,000 | 2,706,000 | 2,647,000 | 2,550,000 | 2,481,000 | 2,434,000 | 2,377,000 | 2,270,000 | 2,211,000 | 2,171,000 | 2,054,000 | 1,916,000 | 1,815,000 | 1,713,000 | 1,613,000 | 1,534,000 | 1,466,000 | 1,345,000 | 1,330,000 | 1,258,000 | 1,196,000 | 1,118,000 | 992,000 | 910,000 | 840,000 | 750,000 | 681,000 | 618,000 | 559,000 | 508,000 | 478,000 | 451,000 |
total costs and expenses | 20,386,000 | 21,792,000 | 18,507,000 | 19,023,000 | 17,792,000 | 19,194,000 | 16,559,000 | 15,988,000 | 15,528,000 | 15,956,000 | 14,072,000 | 13,447,000 | 14,225,000 | 14,986,000 | 12,868,000 | 12,655,000 | 12,448,000 | 12,845,000 | 10,413,000 | 11,289,000 | 10,790,000 | 10,832,000 | 10,185,000 | 9,588,000 | 10,812,000 | 13,919,000 | 9,295,000 | 11,132,000 | 7,152,000 | 6,803,000 | 6,049,000 | 5,532,000 | 5,409,000 |
income from operations | 5,444,000 | 1,600,000 | 4,576,000 | 2,751,000 | 4,211,000 | 371,000 | 2,498,000 | 3,068,000 | 1,983,000 | -895,000 | 1,765,000 | 1,233,000 | 401,000 | -1,917,000 | 2,158,000 | -161,000 | 281,000 | -1,587,000 | 1,255,000 | -410,000 | -573,000 | -1,869,000 | -918,000 | -2,532,000 | -1,512,000 | -4,869,000 | -1,038,000 | -3,887,000 | -1,418,000 | -2,095,000 | -1,689,000 | -1,623,000 | |
yoy | 29.28% | 331.27% | 83.19% | -10.33% | 112.36% | -141.45% | 41.53% | 148.82% | 394.51% | -53.31% | -18.21% | -865.84% | 42.70% | 20.79% | 71.95% | -60.73% | -149.04% | -15.09% | -236.71% | -83.81% | -62.10% | -61.61% | -11.56% | -34.86% | 6.63% | 132.41% | -38.54% | 139.49% | |||||
qoq | 240.25% | -65.03% | 66.34% | -34.67% | 1035.04% | -85.15% | -18.58% | 54.72% | -321.56% | -150.71% | 43.15% | 207.48% | -120.92% | -188.83% | -1440.37% | -157.30% | -117.71% | -226.45% | -406.10% | -28.45% | -69.34% | 103.59% | -63.74% | 67.46% | -68.95% | 369.08% | -73.30% | 174.12% | -32.32% | 24.04% | 4.07% | ||
operating margin % | 21.08% | 6.84% | 19.82% | 12.63% | 19.14% | 1.90% | 13.11% | 16.10% | 11.32% | -5.94% | 11.14% | 8.40% | 2.74% | -14.67% | 14.36% | -1.29% | 2.21% | -14.10% | 10.76% | -3.77% | -5.61% | -20.85% | -9.91% | -35.88% | -16.26% | -53.80% | -12.57% | -53.65% | -24.73% | -44.50% | -38.74% | -41.52% | 0% |
interest income | 344,000 | 387,000 | 386,000 | 339,000 | 308,000 | 368,000 | 353,000 | 314,000 | 365,000 | 387,000 | 346,000 | 315,000 | 286,000 | 225,000 | 125,000 | 1,000 | 1,000 | 1,000 | -4,000 | -5,000 | -6,000 | -7,000 | 31,000 | 13,000 | 46,000 | 37,000 | 40,000 | 53,000 | 31,000 | ||||
income before income taxes | 5,788,000 | 1,987,000 | 4,962,000 | 3,090,000 | 4,519,000 | 739,000 | 2,851,000 | 3,382,000 | 2,348,000 | -508,000 | 2,111,000 | 1,548,000 | 687,000 | -1,692,000 | 2,283,000 | -161,000 | 282,000 | -1,586,000 | 1,256,000 | 1,761,000 | -578,000 | -1,875,000 | -925,000 | -2,532,000 | -1,481,000 | -4,856,000 | -992,000 | -3,850,000 | -1,378,000 | -2,038,000 | -1,252,000 | -1,494,000 | -2,084,000 |
income tax expense | 1,400,000 | -828,000 | 749,000 | 404,000 | 1,079,000 | -124,000 | 1,132,000 | 745,000 | 564,000 | 562,000 | -10,384,000 | 160,000 | -29,000 | -148,000 | 25,000 | 44,000 | 175,000 | ||||||||||||||||
net income | 4,388,000 | 2,815,000 | 4,213,000 | 2,686,000 | 3,440,000 | 863,000 | 1,719,000 | 2,637,000 | 1,784,000 | -1,070,000 | 12,495,000 | 1,388,000 | 716,000 | -1,544,000 | 2,258,000 | -205,000 | 107,000 | -1,784,000 | 1,256,000 | 1,761,000 | -578,000 | -1,875,000 | -925,000 | -2,532,000 | -1,481,000 | -4,856,000 | -992,000 | -3,850,000 | -1,378,000 | -2,038,000 | -1,252,000 | -1,494,000 | -2,084,000 |
yoy | 27.56% | 226.19% | 145.08% | 1.86% | 92.83% | -180.65% | -86.24% | 89.99% | 149.16% | -30.70% | 453.37% | -777.07% | 569.16% | -13.45% | 79.78% | -111.64% | -118.51% | -4.85% | -235.78% | -169.55% | -60.97% | -61.39% | -6.75% | -34.23% | 7.47% | 138.27% | -20.77% | 157.70% | -33.88% | ||||
qoq | 55.88% | -33.18% | 56.85% | -21.92% | 298.61% | -49.80% | -34.81% | 47.81% | -266.73% | -108.56% | 800.22% | 93.85% | -146.37% | -168.38% | -1201.46% | -291.59% | -106.00% | -242.04% | -28.68% | -404.67% | -69.17% | 102.70% | -63.47% | 70.97% | -69.50% | 389.52% | -74.23% | 179.39% | -32.38% | 62.78% | -16.20% | -28.31% | |
net income margin % | 16.99% | 12.03% | 18.25% | 12.34% | 15.63% | 4.41% | 9.02% | 13.84% | 10.19% | -7.10% | 78.90% | 9.46% | 4.90% | -11.81% | 15.03% | -1.64% | 0.84% | -15.85% | 10.76% | 16.19% | -5.66% | -20.92% | -9.98% | -35.88% | -15.92% | -53.66% | -12.01% | -53.14% | -24.03% | -43.29% | -28.72% | -38.22% | -62.68% |
earnings per share: | |||||||||||||||||||||||||||||||||
basic | 0.31 | 0.2 | 0.3 | 0.19 | 0.25 | 0.07 | 0.12 | 0.19 | 0.13 | -0.08 | 0.9 | 0.1 | 0.05 | -0.12 | 0.16 | -0.01 | 0.01 | -0.15 | 0.1 | 0.14 | |||||||||||||
diluted | 0.3 | 0.2 | 0.29 | 0.18 | 0.24 | 0.07 | 0.12 | 0.19 | 0.13 | -0.07 | 0.87 | 0.1 | 0.05 | -0.12 | 0.16 | -0.01 | 0.01 | -0.14 | 0.09 | 0.13 | |||||||||||||
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||
basic | 14,194,696 | 14,036,920 | 14,027,994 | 14,018,629 | 13,998,028 | 13,864,797 | 13,782,476 | 13,780,074 | 13,997,064 | 13,974,125 | 13,952,426 | 13,961,862 | 13,997,154 | 13,759,296 | 13,748,587 | 13,776,479 | 13,543,607 | 12,597,316 | 12,741,723 | 12,269,412 | |||||||||||||
diluted | 14,394,251 | 14,398,047 | 14,618,657 | 14,553,282 | 14,491,713 | 14,125,825 | 14,311,575 | 14,051,466 | 14,164,506 | 14,134,021 | 14,329,878 | 14,172,024 | 14,236,771 | 14,107,144 | 13,764,262 | 13,776,479 | 14,047,635 | 13,403,041 | 13,645,208 | 13,560,714 | |||||||||||||
weighted-average number of shares outstanding: | |||||||||||||||||||||||||||||||||
basic | 14,194,696 | 14,036,920 | 14,027,994 | 14,018,629 | 13,998,028 | 13,864,797 | 13,782,476 | 13,780,074 | 13,997,064 | 13,974,125 | 13,952,426 | 13,961,862 | 13,997,154 | 13,759,296 | 13,748,587 | 13,776,479 | 13,543,607 | 12,597,316 | 12,741,723 | 12,269,412 | |||||||||||||
diluted | 14,394,251 | 14,398,047 | 14,618,657 | 14,553,282 | 14,491,713 | 14,125,825 | 14,311,575 | 14,051,466 | 14,164,506 | 14,134,021 | 14,329,878 | 14,172,024 | 14,236,771 | 14,107,144 | 13,764,262 | 13,776,479 | 14,047,635 | 13,403,041 | 13,645,208 | 13,560,714 | |||||||||||||
gain on extinguishment of debt | 2,175,000 | ||||||||||||||||||||||||||||||||
income taxes | |||||||||||||||||||||||||||||||||
loss per share: | |||||||||||||||||||||||||||||||||
basic and diluted | -0.05 | -0.15 | -0.08 | -0.22 | -0.13 | -0.44 | -0.09 | -0.37 | -0.13 | -0.2 | -0.12 | -0.15 | -0.2 | ||||||||||||||||||||
weighted-average number of shares outstanding: | |||||||||||||||||||||||||||||||||
basic and diluted | 12,207,193 | 11,863,413 | 12,072,716 | 11,617,342 | 11,583,214 | 10,762,881 | 10,917,673 | 10,298,613 | 10,267,680 | 10,266,613 | 10,266,613 | 10,266,613 | 10,266,613 | ||||||||||||||||||||
other income | 4,000 | 406,000 | 129,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 |
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assets: | |||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||
cash and cash equivalents | 43,451,000 | 43,557,000 | 45,352,000 | 38,848,000 | 34,603,000 | 36,504,000 | 35,747,000 | 30,943,000 | 32,147,000 | 32,032,000 | 34,210,000 | 31,368,000 | 30,818,000 | 31,810,000 | 31,273,000 | 32,328,000 | 34,775,000 | 34,258,000 | 13,397,000 | 13,915,000 | 12,896,000 | 12,957,000 | 12,441,000 | 13,782,000 | 11,454,000 | 11,776,000 | 13,337,000 | 5,915,000 | 7,319,000 | 9,950,000 | 12,646,000 | 15,837,000 | 19,793,000 |
accounts receivable | 11,910,000 | 10,697,000 | 10,419,000 | 9,811,000 | 9,646,000 | 8,061,000 | 8,459,000 | 7,963,000 | 7,871,000 | 7,135,000 | 6,805,000 | 6,556,000 | 5,889,000 | 5,535,000 | 6,473,000 | 4,157,000 | 4,561,000 | 3,736,000 | 4,040,000 | 3,386,000 | 3,582,000 | 3,201,000 | 2,920,000 | 2,691,000 | 3,039,000 | 3,543,000 | 3,325,000 | 3,626,000 | 2,788,000 | 2,265,000 | 2,185,000 | 2,031,000 | 2,032,000 |
prepaid expenses and other current assets | 1,938,000 | 2,281,000 | 2,237,000 | 2,137,000 | 1,653,000 | 1,627,000 | 1,730,000 | 1,483,000 | 1,491,000 | 1,113,000 | 1,178,000 | 1,325,000 | 1,310,000 | 771,000 | 849,000 | 953,000 | 1,081,000 | 599,000 | 650,000 | 1,265,000 | 973,000 | 581,000 | 616,000 | 861,000 | 1,116,000 | 722,000 | 894,000 | 885,000 | 1,293,000 | 934,000 | 736,000 | 843,000 | 796,000 |
total current assets | 57,299,000 | 56,535,000 | 58,008,000 | 50,796,000 | 45,902,000 | 46,192,000 | 45,936,000 | 40,389,000 | 41,509,000 | 40,280,000 | 42,193,000 | 39,249,000 | 38,017,000 | 38,116,000 | 38,595,000 | 37,438,000 | 40,417,000 | 38,593,000 | 18,087,000 | 18,566,000 | 17,451,000 | 16,739,000 | 15,977,000 | 17,334,000 | 15,609,000 | 16,041,000 | 17,556,000 | 10,426,000 | 11,400,000 | 13,149,000 | 15,567,000 | 18,711,000 | 22,621,000 |
property and equipment | 880,000 | 882,000 | 824,000 | 693,000 | 543,000 | 545,000 | 581,000 | 598,000 | 601,000 | 592,000 | 627,000 | 640,000 | 692,000 | 709,000 | 664,000 | 671,000 | 625,000 | 577,000 | 587,000 | 576,000 | 530,000 | 558,000 | 555,000 | 586,000 | 616,000 | 660,000 | 704,000 | 726,000 | 773,000 | 852,000 | 877,000 | 928,000 | 974,000 |
intangible assets | 40,179,000 | 39,264,000 | 38,749,000 | 37,677,000 | 37,488,000 | 35,997,000 | 35,731,000 | 35,487,000 | 34,962,000 | 34,403,000 | 33,992,000 | 33,175,000 | 32,521,000 | 31,647,000 | 30,831,000 | 29,774,000 | 28,804,000 | 28,181,000 | 27,979,000 | 27,810,000 | 27,565,000 | 27,170,000 | 26,977,000 | 26,394,000 | 25,310,000 | 24,034,000 | 23,050,000 | 22,031,000 | 20,997,000 | 19,971,000 | 18,931,000 | 17,632,000 | 16,531,000 |
goodwill | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 | 5,227,000 |
right-of-use assets | 2,442,000 | 2,570,000 | 2,697,000 | 2,822,000 | 1,753,000 | 1,901,000 | 2,045,000 | 2,185,000 | 2,323,000 | 2,457,000 | 2,589,000 | 821,000 | 969,000 | 1,114,000 | 1,255,000 | 1,394,000 | 1,529,000 | 1,661,000 | 1,790,000 | 1,916,000 | 2,040,000 | 2,161,000 | 2,279,000 | 2,395,000 | 2,509,000 | 2,620,000 | 2,729,000 | 2,835,000 | 2,939,000 | ||||
deferred tax assets | 5,574,000 | 6,585,000 | 5,476,000 | 6,309,000 | 6,597,000 | 7,496,000 | 7,463,000 | 8,433,000 | 9,043,000 | 9,514,000 | 10,021,000 | ||||||||||||||||||||||
other noncurrent assets | 1,033,000 | 949,000 | 1,090,000 | 1,310,000 | 1,579,000 | 1,173,000 | 987,000 | 1,133,000 | 361,000 | 517,000 | 627,000 | 765,000 | 894,000 | 601,000 | 137,000 | 137,000 | 137,000 | 137,000 | 137,000 | 137,000 | 137,000 | 139,000 | 93,000 | 137,000 | 226,000 | 289,000 | 374,000 | 459,000 | 543,000 | ||||
total assets | 112,634,000 | 112,012,000 | 112,071,000 | 104,834,000 | 99,089,000 | 98,531,000 | 97,970,000 | 93,452,000 | 94,026,000 | 92,990,000 | 95,276,000 | 79,877,000 | 78,320,000 | 77,414,000 | 76,709,000 | 74,641,000 | 76,739,000 | 74,376,000 | 53,807,000 | 54,232,000 | 52,950,000 | 51,994,000 | 51,108,000 | 52,073,000 | 49,497,000 | 48,871,000 | 49,640,000 | 41,704,000 | 41,879,000 | 39,827,000 | 41,615,000 | 43,596,000 | 46,535,000 |
liabilities and shareholders' equity: | |||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||
accounts payable | 2,002,000 | 1,977,000 | 2,764,000 | 1,834,000 | 2,013,000 | 2,127,000 | 2,787,000 | 1,969,000 | 2,353,000 | 1,631,000 | 1,989,000 | 1,694,000 | 2,345,000 | 2,229,000 | 1,596,000 | 1,448,000 | 2,233,000 | 1,605,000 | 1,366,000 | 1,418,000 | 1,974,000 | 2,075,000 | 2,199,000 | 2,723,000 | 2,229,000 | 2,138,000 | 2,481,000 | 2,290,000 | 2,149,000 | 2,246,000 | |||
accrued expenses and other current liabilities | 1,756,000 | 4,469,000 | 2,884,000 | 2,518,000 | 1,989,000 | 2,881,000 | 795,000 | 594,000 | 4,741,000 | 1,989,000 | 372,000 | 424,000 | 411,000 | 1,845,000 | 562,000 | 626,000 | 442,000 | 395,000 | 746,000 | 761,000 | 880,000 | 1,458,000 | 775,000 | 644,000 | 816,000 | 1,571,000 | 2,004,000 | 932,000 | 1,075,000 | 1,277,000 | 2,179,000 | 3,144,000 | 5,189,000 |
current portion of operating lease liabilities | 391,000 | 396,000 | 403,000 | 411,000 | 343,000 | 406,000 | 469,000 | 529,000 | 588,000 | 569,000 | 548,000 | 731,000 | 711,000 | 692,000 | 674,000 | 655,000 | 636,000 | 617,000 | 600,000 | 584,000 | 567,000 | 552,000 | 536,000 | 521,000 | 506,000 | 491,000 | 477,000 | 463,000 | 449,000 | ||||
deferred revenue | 956,000 | 1,028,000 | 859,000 | 806,000 | 754,000 | 712,000 | 565,000 | 597,000 | 652,000 | 690,000 | 527,000 | 627,000 | 763,000 | 670,000 | 539,000 | 622,000 | 713,000 | 841,000 | 424,000 | 427,000 | 453,000 | 504,000 | 180,000 | 151,000 | 207,000 | 128,000 | 35,000 | 56,000 | 49,000 | 26,000 | 15,000 | 56,000 | 21,000 |
total current liabilities | 5,105,000 | 7,870,000 | 6,910,000 | 5,569,000 | 5,099,000 | 10,307,000 | 4,616,000 | 3,689,000 | 8,334,000 | 4,879,000 | 3,436,000 | 3,476,000 | 4,230,000 | 5,436,000 | 3,371,000 | 3,351,000 | 4,024,000 | 3,458,000 | 3,136,000 | 3,190,000 | 4,680,000 | 5,038,000 | 4,749,000 | 4,741,000 | 3,758,000 | 4,328,000 | 4,997,000 | 3,741,000 | 3,722,000 | 4,590,000 | |||
noncurrent operating lease liabilities | 2,329,000 | 2,396,000 | 2,459,000 | 2,520,000 | 1,502,000 | 1,592,000 | 1,680,000 | 1,765,000 | 1,845,000 | 1,999,000 | 2,149,000 | 222,000 | 413,000 | 598,000 | 778,000 | 953,000 | 1,124,000 | 1,291,000 | 1,452,000 | 1,608,000 | 1,760,000 | 1,908,000 | 2,052,000 | 2,192,000 | 2,327,000 | 2,459,000 | 2,588,000 | 2,712,000 | 2,833,000 | ||||
other noncurrent liabilities | 672,000 | 820,000 | 969,000 | 539,000 | 640,000 | ||||||||||||||||||||||||||||
total liabilities | 8,106,000 | 11,086,000 | 10,338,000 | 8,628,000 | 7,241,000 | 11,899,000 | 6,296,000 | 5,454,000 | 10,179,000 | 6,878,000 | 5,585,000 | 4,109,000 | 4,900,000 | 6,321,000 | 4,554,000 | 4,699,000 | 5,521,000 | 4,947,000 | 4,588,000 | 4,798,000 | 7,786,000 | 8,649,000 | 7,894,000 | 8,383,000 | 6,085,000 | 6,787,000 | 7,585,000 | 6,453,000 | 6,555,000 | 3,549,000 | 3,697,000 | 4,779,000 | 6,273,000 |
shareholders' equity: | |||||||||||||||||||||||||||||||||
preferred stock—0.001 par value... | |||||||||||||||||||||||||||||||||
common stock—0.001 par value... | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 12,000 | 12,000 | 12,000 | 12,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
treasury stock | -17,000 | -236,000 | -4,143,000 | -188,000 | -168,000 | -52,000 | -201,000 | -18,000 | -134,000 | -3,083,000 | -1,255,000 | -1,255,000 | -1,255,000 | -1,255,000 | |||||||||||||||||||
additional paid-in capital | 87,859,000 | 88,628,000 | 92,250,000 | 90,936,000 | 89,264,000 | 87,488,000 | 93,393,000 | 91,672,000 | 94,065,000 | 94,159,000 | 96,648,000 | 95,104,000 | 94,293,000 | 92,481,000 | 92,017,000 | 92,178,000 | 93,115,000 | 91,434,000 | 69,440,000 | 70,911,000 | 68,402,000 | 66,005,000 | 67,082,000 | 64,806,000 | 61,996,000 | 59,187,000 | 54,302,000 | 45,253,000 | 41,476,000 | 41,052,000 | 40,654,000 | 40,301,000 | 40,252,000 |
retained earnings | 16,672,000 | 12,284,000 | 9,469,000 | 5,256,000 | 2,570,000 | ||||||||||||||||||||||||||||
total shareholders' equity | 104,528,000 | 100,926,000 | 101,733,000 | 96,206,000 | 91,848,000 | 86,632,000 | 91,674,000 | 87,998,000 | 83,847,000 | 86,112,000 | 89,691,000 | 75,768,000 | 73,420,000 | 71,093,000 | 72,155,000 | 69,942,000 | 71,218,000 | 69,429,000 | 49,219,000 | 49,434,000 | 45,164,000 | 43,345,000 | 43,214,000 | 43,690,000 | 43,412,000 | 42,084,000 | 42,055,000 | 35,251,000 | 35,324,000 | 36,278,000 | 37,918,000 | 38,817,000 | 40,262,000 |
total liabilities and shareholders' equity | 112,634,000 | 112,012,000 | 112,071,000 | 104,834,000 | 99,089,000 | 98,531,000 | 97,970,000 | 93,452,000 | 94,026,000 | 92,990,000 | 95,276,000 | 79,877,000 | 78,320,000 | 77,414,000 | 76,709,000 | 74,641,000 | 76,739,000 | 74,376,000 | 53,807,000 | 54,232,000 | 52,950,000 | 51,994,000 | 51,108,000 | 52,073,000 | 49,497,000 | 48,871,000 | 49,640,000 | 41,704,000 | 41,879,000 | 39,827,000 | 41,615,000 | 43,596,000 | 46,535,000 |
dividend payable | 4,181,000 | ||||||||||||||||||||||||||||||||
accumulated deficit | -870,000 | -1,733,000 | -3,452,000 | -6,089,000 | -7,873,000 | -6,803,000 | -19,298,000 | -20,686,000 | -21,402,000 | -19,858,000 | -22,116,000 | -21,911,000 | -22,018,000 | -20,234,000 | -21,490,000 | -23,251,000 | -22,673,000 | -20,798,000 | -19,873,000 | -17,341,000 | -15,860,000 | -11,004,000 | -10,012,000 | -6,162,000 | -4,784,000 | -2,746,000 | -1,494,000 | ||||||
deferred tax liabilities | 411,000 | 257,000 | 287,000 | 405,000 | 395,000 | 373,000 | 198,000 | ||||||||||||||||||||||||||
current portion of long-term loan | 806,000 | 449,000 | 1,059,000 | 702,000 | |||||||||||||||||||||||||||||
long-term loan | 1,346,000 | 1,703,000 | 1,093,000 | 1,450,000 | |||||||||||||||||||||||||||||
other non-current assets | 628,000 | 1,013,000 | 1,098,000 | 1,182,000 | |||||||||||||||||||||||||||||
member's capital | |||||||||||||||||||||||||||||||||
trade accounts payable | 1,503,000 | 1,390,000 | 1,063,000 | ||||||||||||||||||||||||||||||
other non-current liabilities | 189,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||||
net income | 4,388,000 | 2,815,000 | 4,213,000 | 2,686,000 | 3,440,000 | 863,000 | 1,719,000 | 2,637,000 | 1,784,000 | -1,070,000 | 12,495,000 | 1,388,000 | 716,000 | -1,544,000 | 2,258,000 | -205,000 | 107,000 | -1,784,000 | 1,256,000 | 1,761,000 | -578,000 | -1,481,000 | |||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||
depreciation and amortization | 2,810,000 | 2,769,000 | 2,706,000 | 2,647,000 | 2,550,000 | 2,481,000 | 2,434,000 | 2,377,000 | 2,270,000 | 2,211,000 | 2,171,000 | 2,054,000 | 1,916,000 | 1,815,000 | 1,713,000 | 1,613,000 | 1,534,000 | 1,466,000 | 1,345,000 | 1,330,000 | 1,258,000 | 1,196,000 | 1,118,000 | 992,000 | 910,000 | 840,000 | 750,000 | 681,000 | 618,000 | 559,000 | 508,000 | 478,000 | 451,000 |
share-based compensation expense | 2,050,000 | 1,371,000 | 1,706,000 | 1,827,000 | 1,596,000 | 1,496,000 | 1,657,000 | 1,393,000 | 1,402,000 | 1,328,000 | 1,369,000 | 1,305,000 | 1,384,000 | 1,439,000 | 1,273,000 | 1,406,000 | 1,387,000 | 1,418,000 | 986,000 | 2,165,000 | 2,046,000 | 1,648,000 | 1,853,000 | 2,342,000 | 2,221,000 | 4,623,000 | 1,407,000 | 3,609,000 | 274,000 | 277,000 | 218,000 | 49,000 | 165,000 |
write-off of long-lived assets | 1,000 | 0 | 1,000 | 0 | 2,000 | 3,000 | 2,000 | 1,000 | 0 | 3,000 | 171,000 | 3,000 | 0 | 3,000 | 8,000 | 0 | 5,000 | 19,000 | 220,000 | 13,000 | 87,000 | 17,000 | 0 | 0 | 0 | 30,000 | 0 | 2,000 | 6,000 | 55,000 | |||
provision for bad debts | 149,000 | 352,000 | 134,000 | 212,000 | 62,000 | 19,000 | 99,000 | 154,000 | 70,000 | 175,000 | 124,000 | 121,000 | 668,000 | 78,000 | 35,000 | 24,000 | 37,000 | 28,000 | 5,000 | 46,000 | 95,000 | 184,000 | 72,000 | 48,000 | 91,000 | ||||||||
noncash lease expenses | 128,000 | 127,000 | 125,000 | 109,000 | 148,000 | 144,000 | 140,000 | 138,000 | 134,000 | 132,000 | 151,000 | 148,000 | 145,000 | 141,000 | 139,000 | 135,000 | 132,000 | 129,000 | 126,000 | 124,000 | 121,000 | 118,000 | 116,000 | 114,000 | 111,000 | 109,000 | 106,000 | 104,000 | 103,000 | ||||
deferred income tax expense | 1,011,000 | -1,109,000 | 833,000 | 288,000 | 899,000 | -33,000 | 970,000 | 610,000 | 471,000 | 507,000 | -10,432,000 | 154,000 | -30,000 | -118,000 | 10,000 | 22,000 | 175,000 | ||||||||||||||||
changes in assets and liabilities: | |||||||||||||||||||||||||||||||||
accounts receivable | -1,362,000 | -630,000 | -742,000 | -377,000 | -1,647,000 | 379,000 | -595,000 | -246,000 | -806,000 | -505,000 | -373,000 | -788,000 | -1,022,000 | 860,000 | -2,351,000 | 380,000 | -862,000 | 276,000 | -659,000 | 193,000 | -440,000 | -327,000 | -324,000 | 273,000 | 314,000 | -402,000 | 229,000 | -1,010,000 | -677,000 | -128,000 | -245,000 | -210,000 | -326,000 |
prepaid expenses and other current assets | 343,000 | -44,000 | -100,000 | -484,000 | -26,000 | 103,000 | -247,000 | 8,000 | -378,000 | 65,000 | 147,000 | -15,000 | -539,000 | 78,000 | 104,000 | 128,000 | -482,000 | 51,000 | 615,000 | -292,000 | -392,000 | 35,000 | 245,000 | 255,000 | -394,000 | 172,000 | -9,000 | 408,000 | -359,000 | -198,000 | 107,000 | -47,000 | -237,000 |
other noncurrent assets | -84,000 | 141,000 | 220,000 | 244,000 | -406,000 | -186,000 | 146,000 | -772,000 | 156,000 | 110,000 | 138,000 | 129,000 | -293,000 | 0 | 0 | 0 | 2,000 | -46,000 | 44,000 | 2,000 | 63,000 | 85,000 | 85,000 | 84,000 | 85,000 | ||||||||
accounts payable | 25,000 | -787,000 | 930,000 | -179,000 | -114,000 | -660,000 | 818,000 | -384,000 | 722,000 | -358,000 | 295,000 | -651,000 | 116,000 | 633,000 | 148,000 | -785,000 | 628,000 | 239,000 | -52,000 | -556,000 | -101,000 | -124,000 | -524,000 | 494,000 | 91,000 | -343,000 | 191,000 | 141,000 | -97,000 | ||||
accrued expenses and other current liabilities | -2,730,000 | 1,585,000 | 162,000 | 529,000 | -1,392,000 | 2,086,000 | 201,000 | -4,000 | -1,347,000 | 1,573,000 | -22,000 | 9,000 | -1,460,000 | 1,301,000 | 52,000 | 50,000 | 47,000 | -351,000 | -15,000 | -102,000 | -583,000 | 678,000 | 124,000 | -172,000 | -755,000 | 822,000 | 143,000 | 757,000 | -965,000 | -2,045,000 | -1,248,000 | ||
deferred revenue | -72,000 | 169,000 | 53,000 | 52,000 | 42,000 | 147,000 | -32,000 | -55,000 | -38,000 | 163,000 | -100,000 | -136,000 | 93,000 | 131,000 | -83,000 | -91,000 | -128,000 | 417,000 | -3,000 | -26,000 | -51,000 | 324,000 | 29,000 | -56,000 | 79,000 | 93,000 | -21,000 | 7,000 | 23,000 | 11,000 | -41,000 | 35,000 | -12,000 |
operating lease liabilities | -72,000 | -70,000 | -69,000 | -67,000 | -153,000 | -151,000 | -145,000 | -139,000 | -135,000 | -129,000 | -175,000 | -171,000 | -166,000 | -162,000 | -156,000 | -152,000 | -148,000 | -144,000 | -140,000 | -135,000 | -133,000 | -128,000 | -125,000 | -120,000 | -117,000 | -115,000 | -110,000 | -107,000 | -105,000 | ||||
net cash from operating activities | 6,585,000 | 6,689,000 | 10,172,000 | 7,487,000 | 5,001,000 | 6,691,000 | 7,247,000 | 5,717,000 | 4,305,000 | 4,204,000 | 5,789,000 | 3,547,000 | 1,531,000 | 4,359,000 | 3,145,000 | 2,525,000 | 2,430,000 | 1,951,000 | 3,464,000 | 2,301,000 | 1,232,000 | 1,770,000 | 1,746,000 | 1,754,000 | 1,249,000 | 1,212,000 | 1,525,000 | 96,000 | -1,186,000 | -1,243,000 | -1,568,000 | -2,417,000 | -2,825,000 |
capital expenditures | -63,000 | -124,000 | -187,000 | -202,000 | -50,000 | -17,000 | -35,000 | -52,000 | -65,000 | -24,000 | -47,000 | -7,000 | -44,000 | -102,000 | -50,000 | -108,000 | -113,000 | -57,000 | -68,000 | -109,000 | -46,000 | -56,000 | -37,000 | -28,000 | -33,000 | -19,000 | -39,000 | -17,000 | -15,000 | -39,000 | -14,000 | -21,000 | -16,000 |
free cash flows | 6,522,000 | 6,565,000 | 9,985,000 | 7,285,000 | 4,951,000 | 6,674,000 | 7,212,000 | 5,665,000 | 4,240,000 | 4,180,000 | 5,742,000 | 3,540,000 | 1,487,000 | 4,257,000 | 3,095,000 | 2,417,000 | 2,317,000 | 1,894,000 | 3,396,000 | 2,192,000 | 1,186,000 | 1,714,000 | 1,709,000 | 1,726,000 | 1,216,000 | 1,193,000 | 1,486,000 | 79,000 | -1,201,000 | -1,282,000 | -1,582,000 | -2,438,000 | -2,841,000 |
cash flows from investing activities: | |||||||||||||||||||||||||||||||||
purchase of property and equipment | -63,000 | -124,000 | -187,000 | -202,000 | -50,000 | -17,000 | -35,000 | -52,000 | -65,000 | -24,000 | -47,000 | -7,000 | -44,000 | -102,000 | -50,000 | -108,000 | -113,000 | -57,000 | -68,000 | -109,000 | -46,000 | -56,000 | -37,000 | -28,000 | -33,000 | -19,000 | -39,000 | -17,000 | -15,000 | -39,000 | -14,000 | -21,000 | -16,000 |
capitalized costs included in intangible assets | -3,443,000 | -2,914,000 | -2,695,000 | -2,515,000 | -2,469,000 | -2,280,000 | -2,380,000 | -2,411,000 | -2,327,000 | -2,103,000 | -2,412,000 | -2,236,000 | -2,273,000 | -2,317,000 | -2,246,000 | -2,099,000 | -1,794,000 | -1,415,000 | -1,129,000 | -1,173,000 | -1,247,000 | -1,198,000 | -1,222,000 | -1,550,000 | -1,538,000 | -1,499,000 | -1,500,000 | -1,483,000 | -1,430,000 | -1,414,000 | -1,609,000 | -1,518,000 | -1,370,000 |
net cash from investing activities | -3,506,000 | -3,038,000 | -2,882,000 | -2,717,000 | -2,519,000 | -2,297,000 | -2,415,000 | -2,463,000 | -2,392,000 | -2,127,000 | -2,459,000 | -2,243,000 | -2,317,000 | -2,419,000 | -2,296,000 | -2,207,000 | -1,907,000 | -1,472,000 | -1,197,000 | -1,282,000 | -1,293,000 | -1,254,000 | -1,259,000 | -1,578,000 | -1,571,000 | -1,518,000 | -1,539,000 | -1,500,000 | -1,445,000 | -1,453,000 | -1,623,000 | -1,539,000 | -1,386,000 |
cash flows from financing activities: | |||||||||||||||||||||||||||||||||
taxes paid related to net share settlement of vesting of restricted stock units | -498,000 | -5,184,000 | -133,000 | -525,000 | -202,000 | -3,637,000 | -28,000 | -20,000 | -383,000 | -1,795,000 | -147,000 | -19,000 | -31,000 | -890,000 | -1,539,000 | -2,765,000 | -6,000 | -542,000 | 0 | ||||||||||||||
repurchases of common stock | -2,687,000 | -262,000 | 0 | 0 | -4,438,000 | -1,415,000 | -2,460,000 | -341,000 | -735,000 | -175,000 | -513,000 | ||||||||||||||||||||||
dividend payable | 0 | 0 | 0 | -4,181,000 | |||||||||||||||||||||||||||||
net cash from financing activities | -3,185,000 | -5,446,000 | -786,000 | -525,000 | -4,383,000 | -3,637,000 | -28,000 | -4,458,000 | -1,798,000 | -4,255,000 | -488,000 | -754,000 | -206,000 | -1,403,000 | -1,904,000 | -2,765,000 | -6,000 | 20,382,000 | 0 | -1,828,000 | -1,255,000 | 0 | 0 | 0 | 23,939,000 | ||||||||
net decrease in cash and cash equivalents | -106,000 | -61,000 | -322,000 | ||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 43,557,000 | 0 | 0 | 0 | 36,504,000 | 0 | 0 | 0 | 32,032,000 | 0 | 0 | 0 | 31,810,000 | 0 | 0 | 0 | 34,258,000 | 0 | 0 | 0 | 12,957,000 | 0 | 0 | 0 | 11,776,000 | 0 | 0 | 0 | 9,950,000 | 0 | 0 | 0 | 65,000 |
cash and cash equivalents at end of period | 43,451,000 | -1,795,000 | 6,504,000 | 4,245,000 | 34,603,000 | 757,000 | 4,804,000 | -1,204,000 | 32,147,000 | -2,178,000 | 2,842,000 | 550,000 | 30,818,000 | 537,000 | -1,055,000 | -2,447,000 | 34,775,000 | 20,861,000 | -518,000 | 1,019,000 | 12,896,000 | 516,000 | -1,341,000 | 2,328,000 | 11,454,000 | -1,561,000 | 7,422,000 | -1,404,000 | 7,319,000 | -2,696,000 | -3,191,000 | -3,956,000 | 19,793,000 |
supplemental disclosure information: | |||||||||||||||||||||||||||||||||
cash paid for interest | |||||||||||||||||||||||||||||||||
cash paid for income taxes | 122,000 | -54,000 | 2,000 | 83,000 | 85,000 | 27,000 | 33,000 | 21,000 | 1,000 | 2,000 | |||||||||||||||||||||||
share-based compensation capitalized in intangible assets | 366,000 | 453,000 | 394,000 | 370,000 | 382,000 | 417,000 | 328,000 | 436,000 | 446,000 | 462,000 | 517,000 | 413,000 | 459,000 | 428,000 | 470,000 | 422,000 | 301,000 | 194,000 | 328,000 | 344,000 | 351,000 | 358,000 | 424,000 | 468,000 | 588,000 | 262,000 | 208,000 | 168,000 | 150,000 | 121,000 | 135,000 | 0 | 181,000 |
retirement of treasury stock | 3,185,000 | 5,446,000 | 786,000 | 525,000 | 202,000 | 3,637,000 | 264,000 | 4,222,000 | 1,942,000 | 4,279,000 | 342,000 | 907,000 | 31,000 | 1,403,000 | 1,904,000 | 2,765,000 | 6,000 | 542,000 | |||||||||||||||
net increase in cash and cash equivalents | -1,795,000 | 6,504,000 | 4,245,000 | -1,901,000 | 757,000 | 115,000 | -2,178,000 | -992,000 | 537,000 | -1,055,000 | -2,447,000 | 517,000 | 20,861,000 | -518,000 | 516,000 | -1,341,000 | -1,561,000 | 7,422,000 | -1,404,000 | -2,631,000 | -2,696,000 | -3,191,000 | -3,956,000 | 19,728,000 | |||||||||
right-of-use assets obtained in exchange of operating lease liabilities | 0 | 0 | 0 | 0 | 0 | 3,042,000 | |||||||||||||||||||||||||||
dividend declared not yet paid | |||||||||||||||||||||||||||||||||
right-of -use assets obtained in exchange of operating lease liabilities | 0 | ||||||||||||||||||||||||||||||||
operating lease liabilities arising from obtaining right-of-use assets | 0 | 0 | 0 | 0 | 3,387,000 | ||||||||||||||||||||||||||||
supplemental disclosure information | |||||||||||||||||||||||||||||||||
interest expense | 0 | 0 | 6,000 | 5,000 | 5,000 | ||||||||||||||||||||||||||||
gain on extinguishment of debt | 0 | 0 | |||||||||||||||||||||||||||||||
proceeds from issuance of shares, net of issuance costs | 0 | ||||||||||||||||||||||||||||||||
proceeds from long-term loan | 0 | 0 | |||||||||||||||||||||||||||||||
benefit from bad debts | 59,000 | 190,000 | |||||||||||||||||||||||||||||||
numerator: | |||||||||||||||||||||||||||||||||
denominator: | |||||||||||||||||||||||||||||||||
weighted-average shares outstanding - basic and diluted | 12,207,193,000 | 11,583,214,000 | |||||||||||||||||||||||||||||||
loss per share: | |||||||||||||||||||||||||||||||||
basic and diluted: | -50 | -130 | |||||||||||||||||||||||||||||||
net loss | -1,875,000 | -925,000 | -4,856,000 | -992,000 | -3,850,000 | -1,378,000 | -2,038,000 | -1,252,000 | -1,494,000 | -2,084,000 | |||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||||
allocation of expenses from fluent, inc. | 0 | 0 | 0 | 325,000 | |||||||||||||||||||||||||||||
capital contributed by fluent, inc. | 0 | 0 | 0 | 23,939,000 | |||||||||||||||||||||||||||||
other non-current liabilities | |||||||||||||||||||||||||||||||||
provision for (recovery of) bad debts | 154,000 | -56,000 | |||||||||||||||||||||||||||||||
other non-current assets | 385,000 | 85,000 | 84,000 | -2,000 | |||||||||||||||||||||||||||||
trade accounts payable | 113,000 | 327,000 | 144,000 |
