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$107.60M
Revenue
$15.29M
Net Income
27.70%
Gross Margin
11.61%
Op. Margin
$38.04M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 14 annual reports available (2012 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Sep 30, 2025)
FY 2024
(Sep 30, 2024)
FY 2023
(Sep 30, 2023)
FY 2022
(Sep 30, 2022)
FY 2021
(Sep 30, 2021)
FY 2020
(Sep 30, 2020)
FY 2019
(Sep 30, 2019)
FY 2018
(Sep 30, 2018)
FY 2017
(Sep 30, 2017)
FY 2016
(Sep 30, 2016)
+ Total Revenue $107.60M $115.44M $113.17M $105.08M $103.48M $85.28M $77.42M $81.33M $98.61M $80.61M $69.99M
Revenue Growth % -6.8% 2.0% 7.7% 1.5% 21.3% 10.1% -4.8% -17.5% 22.3% 15.2% nan%
Cost of Revenue $77.80M $83.72M $81.84M $76.04M $82.94M $67.10M $58.47M $58.92M $71.99M $59.45M $52.47M
+ Gross Profit $29.80M $31.71M $31.33M $29.04M $20.54M $18.18M $18.95M $22.41M $26.62M $21.16M $17.52M
Gross Margin % 27.7% 27.5% 27.7% 27.6% 19.9% 21.3% 24.5% 27.6% 27.0% 26.2% 25.0%
Operating Expenses $17.30M $17.70M $17.64M $15.61M $16.38M $17.48M $13.42M $12.94M $12.91M $10.92M $9.71M
Research & Development $2.84M $2.76M $3.31M $3.46M $4.33M $4.28M $3.06M $3.29M $2.92M $2.15M $1.57M
Selling General & Admin $14.47M $14.94M $14.33M $12.15M $12.05M $13.20M $10.36M $9.65M $9.99M $8.78M $8.14M
+ Operating Income $12.49M $14.02M $13.69M $13.43M $4.17M $701.00K $5.54M $9.47M $13.71M $10.24M $7.82M
Operating Margin % 11.6% 12.1% 12.1% 12.8% 4.0% 0.8% 7.2% 11.6% 13.9% 12.7% 11.2%
Other Income/Expense $1.02M $8.00K $-13.00K - $-156.00K - $-16.00K $3.35M $2.00K $-5.00K $2.00K
Income Before Tax $19.69M $20.20M $20.73M $18.78M $-1.69M $6.63M $6.68M $12.82M $14.89M $12.18M $9.40M
Income Tax Expense $4.41M $4.54M $6.17M $4.11M $-1.32M $829.00K $1.15M $2.63M $2.33M $3.76M $2.36M
+ Net Income $15.29M $15.66M $14.56M $14.67M $-372.00K $5.80M $5.53M $10.20M $12.56M $8.42M $7.04M
Net Margin % 14.2% 13.6% 12.9% 14.0% -0.4% 6.8% 7.1% 12.5% 12.7% 10.4% 10.1%
Basic EPS 1.04 1.07 0.99 1.00 -0.03 0.40 0.38 0.70 0.87 0.58 0.49
Diluted EPS 1.04 1.07 0.99 1.00 -0.03 0.39 0.38 0.69 0.85 0.57 0.48
Breakdown FY 2025
(Sep 30, 2025)
FY 2024
(Sep 30, 2024)
FY 2023
(Sep 30, 2023)
FY 2022
(Sep 30, 2022)
FY 2021
(Sep 30, 2021)
FY 2020
(Sep 30, 2020)
FY 2019
(Sep 30, 2019)
FY 2018
(Sep 30, 2018)
FY 2017
(Sep 30, 2017)
FY 2016
(Sep 30, 2016)
Cash & Cash Equivalents $26.59M $25.48M $17.03M $9.58M $23.23M $35.58M $10.30M $8.01M $22.93M $18.22M
Short-term Investments $109.71M $89.93M $84.25M $89.30M $94.98M $89.50M $105.32M $104.06M $87.89M $85.94M
Accounts Receivable $3.13M $1.98M $2.47M $3.00M $2.62M $1.99M $1.60M $993.00K $1.18M $1.11M
Inventory $53.50M $63.76M $71.53M $55.81M $41.89M $27.09M $25.37M $18.21M $16.69M $11.63M
Other Current Assets $1.40M $2.35M - - - - - - - -
Total Current Assets $206.54M $192.84M $178.95M $162.48M $166.82M $161.76M $156.93M $145.08M $137.12M $123.42M
Property Plant & Equipment $11.08M $11.47M $13.25M $13.49M $11.80M $8.34M $8.39M $7.89M $5.72M $5.24M
Other Non-current Assets $392.00K $383.00K $381.00K $450.00K $838.00K $995.00K $53.00K $53.00K $53.00K $53.00K
Total Assets $222.60M $208.12M $195.75M $179.31M $179.46M $171.09M $165.37M $153.02M $142.89M $128.71M
Accounts Payable $1.84M $2.00M $3.27M $4.25M $3.10M $1.73M $1.91M $1.84M $1.32M $1.44M
Accrued Liabilities $2.74M $3.25M $3.75M $1.89M $2.65M $2.60M $2.66M $2.08M $2.43M $2.26M
Deferred Revenue - $5.02M $6.82M $5.86M $5.24M $3.85M $1.92M $4.56M - -
Total Current Liabilities $8.81M $10.60M $14.16M $12.39M $11.39M $8.51M $6.49M $8.49M $12.37M $8.19M
Total Liabilities $10.79M $11.98M $14.16M $12.40M $12.17M $9.87M $9.86M $10.84M $13.97M $8.51M
Retained Earnings $197.75M $182.09M $167.53M $152.86M $153.23M $147.43M $141.90M $128.86M $116.30M $107.88M
Total Stockholders Equity $211.80M $196.14M $181.58M $166.92M $167.29M $161.22M $155.51M $142.18M $128.92M $120.20M
Total Liabilities & Equity $222.60M $208.12M $195.75M $179.31M $179.46M $171.09M $165.37M $153.02M $142.89M $128.71M
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Sep 30, 2025)
FY 2024
(Sep 30, 2024)
FY 2023
(Sep 30, 2023)
FY 2022
(Sep 30, 2022)
FY 2021
(Sep 30, 2021)
FY 2020
(Sep 30, 2020)
FY 2019
(Sep 30, 2019)
FY 2018
(Sep 30, 2018)
FY 2017
(Sep 30, 2017)
FY 2016
(Sep 30, 2016)
Net Income $25.20M $15.66M $14.56M $14.67M $-372.00K $5.80M $5.53M $10.20M $12.56M $8.42M $7.04M
Depreciation & Amortization $4.10M $2.36M $2.60M $2.83M $2.82M $2.59M $1.64M $1.60M $1.38M $1.13M $1.40M
Stock-based Compensation - - - - - - $71.00K $71.00K $71.00K $71.00K $37.00K
Change in Receivables $4.84M $1.20M $-487.00K $-239.00K $568.00K $680.00K $439.00K $785.00K $19.00K $189.00K $341.00K
Change in Inventory $-19.18M $-10.26M $-7.76M $15.71M $13.93M $4.41M $1.72M $3.48M $1.53M $5.05M $-1.14M
Change in Payables $1.54M $-159.00K $-1.27M $-982.00K $1.15M $1.38M $-179.00K $69.00K $518.00K $-123.00K $-86.00K
Operating Cash Flow $41.43M $3.07M $9.29M $10.20M $-9.13M $3.82M $26.77M $4.16M $-12.00M $6.11M -
Capital Expenditure $3.40M $1.96M $840.00K $2.75M $4.52M $2.66M $1.59M $2.10M $3.55M $1.62M $306.00K
Acquisitions - - - - - $13.78M - - - - -
Purchases of Investments - - - $172.34M $135.55M $136.65M $131.63M $188.07M $256.12M $492.67M $550.29M
Investing Cash Flow $-3.40M $-1.96M $-840.00K $-2.75M $-4.52M $-16.44M $-1.59M $-2.10M $-3.55M $-1.62M -
Financing Cash Flow - - - - - $264.00K $103.00K $231.00K $626.00K $223.00K -
Net Change in Cash $38.04M $1.10M $8.45M $7.45M $-13.65M $-12.35M $25.28M $2.29M $-14.92M $4.71M $7.07M
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
Description Dec 31, 2025
Current Prior Year
Total Revenue $23.58M $31.42M
Cost of Revenue $16.82M $22.75M
Gross Profit $6.75M $8.67M
Operating Expenses $3.65M $4.04M
Research & Development $758.00K $677.00K
Selling General & Admin $2.90M $3.37M
Operating Income $3.10M $4.62M
Other Income/Expense $1.55M $534.00K
Income Before Tax $4.65M $5.16M
Income Tax Expense $1.21M $1.34M
Net Income $3.44M $3.82M
Basic EPS 0.23 0.26
Diluted EPS 0.23 0.26
Condensed Consolidated Balance Sheets
Description Dec 31, 2025 Sep 30, 2025
Cash & Cash Equivalents $36.73M $26.59M
Short-term Investments $111.00M $109.71M
Accounts Receivable $3.50M $3.13M
Inventory $53.25M $53.50M
Other Current Assets $2.92M $1.40M
Total Current Assets $212.49M $206.54M
Property Plant & Equipment $11.51M $11.08M
Other Non-current Assets $301.00K $392.00K
Total Assets $228.91M $222.60M
Accounts Payable $1.99M $1.84M
Accrued Liabilities $3.29M $2.74M
Total Current Liabilities $11.55M $8.81M
Total Liabilities $13.67M $10.79M
Retained Earnings $201.19M $197.75M
Total Stockholders Equity $215.24M $211.80M
Total Liabilities & Equity $228.91M $222.60M
Condensed Consolidated Statements of Cash Flows
Description Dec 31, 2025
Current Prior Year
Net Income $3.44M $3.82M
Depreciation & Amortization $542.00K $622.00K
Change in Receivables $463.00K $1.62M
Change in Inventory $-254.00K $-4.09M
Change in Payables $149.00K $1.72M
Operating Cash Flow $11.12M $14.81M
Capital Expenditure $973.00K $319.00K
Investing Cash Flow $-973.00K $-319.00K
Net Change in Cash $10.14M $14.49M

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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