Financials

Income Statement Balance Sheet Cash Flow Ratios

Semi-annual (SAR)

1-5

	H2 2025Dec 31, 2025	H1 2025Jun 30, 2025	H2 2024Dec 31, 2024	H1 2024Jun 30, 2024	H2 2023Dec 31, 2023
Assets
Cash & Equivalents	4.42M	4.53M	4.27M	6.26M	1.15M
Cash & Short-Term Investments	4.42M	4.53M	4.27M	6.26M	1.15M
Receivables	25.50M	23.71M	20.99M	17.77M	15.53M
Inventory	37.73M	48.48M	52.24M	56.02M	49.68M
Current Assets	71.48M	84.40M	81.90M	89.28M	69.60M
PP&E	25.43M	19.72M	17.82M	15.96M	12.29M
Total Assets	96.91M	104.81M	99.72M	105.24M	81.90M
Liabilities
Accounts Payable	11.13M	21.73M	13.42M	20.89M	16.42M
Current Liabilities	55.72M	53.45M	42.14M	48.12M	25.36M
Short-Term Debt	36.73M	10.92M	13.03M	11.11M	—
Total Debt	39.37M	12.39M	14.10M	13.16M	2.24M
Total Liabilities	64.84M	63.69M	52.32M	58.38M	35.73M
Equity & Ownership
Retained Earnings	2.84M	11.43M	19.56M	19.36M	18.67M
Total Equity	32.07M	41.13M	47.39M	46.86M	46.17M
Net Debt	34.95M	7.86M	9.82M	6.90M	1.09M
Shares Outstanding	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000
Cash & Assets
Total Assets	96.91M	104.81M	99.72M	105.24M	81.90M
Total Current Assets	71.48M	84.40M	81.90M	89.28M	69.60M
Cash & Equivalents	4.42M	4.53M	4.27M	6.26M	1.15M
Cash & Short-Term Investments	4.42M	4.53M	4.27M	6.26M	1.15M
Net Cash (Debt)	-34.95M	-7.86M	-9.82M	-6.90M	-1.09M
Net Cash Per Share	-11.65	-2.62	-3.27	-2.30	-0.36
Cash Growth	+3.5%	-27.6%	+270.5%	+257.2%	-63.4%
Net Cash Growth	—	—	—	—	—
Accounts Receivable	25.11M	22.86M	20.33M	17.18M	15.18M
Other Receivables	388.70K	852.33K	653.66K	593.95K	347.98K
Receivables	25.50M	23.71M	20.99M	17.77M	15.53M
Inventory	37.73M	48.48M	52.24M	56.02M	49.68M
Prepaid Expenses	0.33M	2.91M	0.60M	3.00M	0.73M
Construction In Progress	13.88M	9.18M	7.40M	4.63M	0.92M
Land	6.19M	6.19M	6.19M	6.19M	6.19M
Machinery	12.59M	12.39M	12.38M	11.79M	11.29M
Leasehold Improvements	3.00M	2.23M	2.58M	2.36M	2.02M
Property, Plant & Equipment	25.43M	19.72M	17.82M	15.96M	12.29M
Other Current Assets	3.50M	4.77M	3.80M	6.23M	2.51M
Other Long-Term Assets	—	696.62K	—	—	—
Long-Term Leases	1.06M	0.78M	0.65M	1.04M	1.21M
Current Portion of Leases	1.58M	0.70M	0.42M	1.00M	1.03M
Liabilities & Obligations
Total Liabilities	64.84M	63.69M	52.32M	58.38M	35.73M
Total Liabilities & Equity	96.91M	104.81M	99.72M	105.24M	81.90M
Total Current Liabilities	55.72M	53.45M	42.14M	48.12M	25.36M
Accounts Payable	11.13M	21.73M	13.42M	20.89M	16.42M
Accrued Expenses	3.61M	4.41M	3.69M	4.07M	3.51M
Current Income Taxes Payable	0.47M	0.45M	1.10M	0.68M	1.35M
Current Unearned Revenue	0.06M	0.06M	0.08M	0.59M	0.42M
Other Current Liabilities	2.14M	15.18M	10.40M	9.77M	2.63M
Pension & Post-Retirement Benefits	8.06M	9.46M	9.53M	9.22M	9.16M
Debt & Funding
Short-Term Debt	36.73M	10.92M	13.03M	11.11M	—
Total Debt	39.37M	12.39M	14.10M	13.16M	2.24M
Equity & Book Value
Shareholders' Equity	32.07M	41.13M	47.39M	46.86M	46.17M
Common Stock	30.00M	30.00M	30.00M	30.00M	30.00M
Retained Earnings	2.84M	11.43M	19.56M	19.36M	18.67M
Comprehensive Income & Other	-0.76M	-0.31M	-2.17M	-2.51M	-2.51M
Book Value Per Share	10.69	13.71	15.80	15.62	15.39
Tangible Book Value	32.07M	41.13M	47.39M	46.86M	46.17M
Tangible Book Value Per Share	10.69	13.71	15.80	15.62	15.39
Filing Date Shares Outstanding	3.00M	3.00M	3.00M	3.00M	3.00M
Total Common Shares Outstanding	3.00M	3.00M	3.00M	3.00M	3.00M
Working Capital	15.76M	30.95M	39.76M	41.16M	44.24M

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Semi-annual (SAR)

1-5

	H2 2025Dec 31, 2025	H1 2025Jun 30, 2025	H2 2024Dec 31, 2024	H1 2024Jun 30, 2024	H2 2023Dec 31, 2023
Assets
Cash & Equivalents	4.42M	4.53M	4.27M	6.26M	1.15M
Cash & Short-Term Investments	4.42M	4.53M	4.27M	6.26M	1.15M
Receivables	25.50M	23.71M	20.99M	17.77M	15.53M
Inventory	37.73M	48.48M	52.24M	56.02M	49.68M
Current Assets	71.48M	84.40M	81.90M	89.28M	69.60M
PP&E	25.43M	19.72M	17.82M	15.96M	12.29M
Total Assets	96.91M	104.81M	99.72M	105.24M	81.90M
Liabilities
Accounts Payable	11.13M	21.73M	13.42M	20.89M	16.42M
Current Liabilities	55.72M	53.45M	42.14M	48.12M	25.36M
Short-Term Debt	36.73M	10.92M	13.03M	11.11M	—
Total Debt	39.37M	12.39M	14.10M	13.16M	2.24M
Total Liabilities	64.84M	63.69M	52.32M	58.38M	35.73M
Equity & Ownership
Retained Earnings	2.84M	11.43M	19.56M	19.36M	18.67M
Total Equity	32.07M	41.13M	47.39M	46.86M	46.17M
Net Debt	34.95M	7.86M	9.82M	6.90M	1.09M
Shares Outstanding	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000
Cash & Assets
Total Assets	96.91M	104.81M	99.72M	105.24M	81.90M
Total Current Assets	71.48M	84.40M	81.90M	89.28M	69.60M
Cash & Equivalents	4.42M	4.53M	4.27M	6.26M	1.15M
Cash & Short-Term Investments	4.42M	4.53M	4.27M	6.26M	1.15M
Net Cash (Debt)	-34.95M	-7.86M	-9.82M	-6.90M	-1.09M
Net Cash Per Share	-11.65	-2.62	-3.27	-2.30	-0.36
Cash Growth	+3.5%	-27.6%	+270.5%	+257.2%	-63.4%
Net Cash Growth	—	—	—	—	—
Accounts Receivable	25.11M	22.86M	20.33M	17.18M	15.18M
Other Receivables	388.70K	852.33K	653.66K	593.95K	347.98K
Receivables	25.50M	23.71M	20.99M	17.77M	15.53M
Inventory	37.73M	48.48M	52.24M	56.02M	49.68M
Prepaid Expenses	0.33M	2.91M	0.60M	3.00M	0.73M
Construction In Progress	13.88M	9.18M	7.40M	4.63M	0.92M
Land	6.19M	6.19M	6.19M	6.19M	6.19M
Machinery	12.59M	12.39M	12.38M	11.79M	11.29M
Leasehold Improvements	3.00M	2.23M	2.58M	2.36M	2.02M
Property, Plant & Equipment	25.43M	19.72M	17.82M	15.96M	12.29M
Other Current Assets	3.50M	4.77M	3.80M	6.23M	2.51M
Other Long-Term Assets	—	696.62K	—	—	—
Long-Term Leases	1.06M	0.78M	0.65M	1.04M	1.21M
Current Portion of Leases	1.58M	0.70M	0.42M	1.00M	1.03M
Liabilities & Obligations
Total Liabilities	64.84M	63.69M	52.32M	58.38M	35.73M
Total Liabilities & Equity	96.91M	104.81M	99.72M	105.24M	81.90M
Total Current Liabilities	55.72M	53.45M	42.14M	48.12M	25.36M
Accounts Payable	11.13M	21.73M	13.42M	20.89M	16.42M
Accrued Expenses	3.61M	4.41M	3.69M	4.07M	3.51M
Current Income Taxes Payable	0.47M	0.45M	1.10M	0.68M	1.35M
Current Unearned Revenue	0.06M	0.06M	0.08M	0.59M	0.42M
Other Current Liabilities	2.14M	15.18M	10.40M	9.77M	2.63M
Pension & Post-Retirement Benefits	8.06M	9.46M	9.53M	9.22M	9.16M
Debt & Funding
Short-Term Debt	36.73M	10.92M	13.03M	11.11M	—
Total Debt	39.37M	12.39M	14.10M	13.16M	2.24M
Equity & Book Value
Shareholders' Equity	32.07M	41.13M	47.39M	46.86M	46.17M
Common Stock	30.00M	30.00M	30.00M	30.00M	30.00M
Retained Earnings	2.84M	11.43M	19.56M	19.36M	18.67M
Comprehensive Income & Other	-0.76M	-0.31M	-2.17M	-2.51M	-2.51M
Book Value Per Share	10.69	13.71	15.80	15.62	15.39
Tangible Book Value	32.07M	41.13M	47.39M	46.86M	46.17M
Tangible Book Value Per Share	10.69	13.71	15.80	15.62	15.39
Filing Date Shares Outstanding	3.00M	3.00M	3.00M	3.00M	3.00M
Total Common Shares Outstanding	3.00M	3.00M	3.00M	3.00M	3.00M
Working Capital	15.76M	30.95M	39.76M	41.16M	44.24M

Financials

Semi-annual (SAR)

SPC

Semi-annual (SAR)