Where Food Comes From, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Where Food Comes From, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2019 | Dec 31, 2019 | $20.77M | Mar 5, 2020 |
| FY2019 | Dec 31, 2018 | $17.80M | Mar 5, 2020 |
| FY2018 | Dec 31, 2017 | $15.45M | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | $11.62M | Apr 2, 2018 |
| FY2016 | Dec 31, 2015 | $10.40M | Feb 28, 2017 |
| FY2015 | Dec 31, 2014 | $8.76M | Feb 16, 2016 |
| FY2014 | Dec 31, 2013 | $5.80M | Feb 18, 2015 |
| FY2013 | Dec 31, 2012 | $5.26M | Mar 4, 2014 |
| FY2012 | Dec 31, 2011 | $4.23M | Mar 6, 2013 |
| FY2011 | Dec 31, 2010 | $3.27M | Mar 26, 2012 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $24.89M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $25.75M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $25.14M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $24.85M | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $21.93M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $20.08M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $20.77M | Feb 18, 2021 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $9.51M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $10.56M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $10.52M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $10.47M | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $9.74M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $8.93M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $9.08M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $7.74M | Mar 5, 2020 |
| FY2018 | Dec 31, 2017 | $6.82M | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | $5.41M | Apr 2, 2018 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.54M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $2.12M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $2.15M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $1.99M | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $2.96M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $1.39M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $1.35M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $800.7K | Mar 5, 2020 |
| FY2018 | Dec 31, 2017 | $142.3K | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | $433.2K | Apr 2, 2018 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.21M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $2.21M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $2.70M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $2.65M | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $2.30M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $1.69M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $1.55M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $874.6K | Mar 5, 2020 |
| FY2018 | Dec 31, 2017 | $82.2K | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | $634.5K | Apr 2, 2018 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.30M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $8.36M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $7.83M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $7.82M | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $7.43M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $7.24M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $7.53M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $6.87M | Mar 5, 2020 |
| FY2018 | Dec 31, 2017 | $6.74M | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | $4.78M | Apr 2, 2018 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.61M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $2.73M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $2.82M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $2.65M | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $3.02M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $2.45M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $2.88M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $1.15M | Mar 5, 2020 |
| FY2018 | Dec 31, 2017 | $657.2K | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | $986.1K | Apr 2, 2018 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $155.0K | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $159.0K | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $148.0K | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $89.0K | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $213.0K | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $464.0K | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $369.0K | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $366.7K | Mar 5, 2020 |
| FY2018 | Dec 31, 2017 | $83.8K | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | $445.8K | Apr 2, 2018 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $12.90M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $15.31M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $16.29M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $18.30M | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $19.78M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $19.45M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $18.24M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $14.46M | Mar 5, 2020 |
| FY2018 | Dec 31, 2017 | $13.34M | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | $12.88M | Apr 2, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.59M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $5.37M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $5.47M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $5.82M | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $6.04M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $6.98M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $6.29M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $2.25M | Mar 5, 2020 |
| FY2018 | Dec 31, 2017 | $2.10M | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | $1.57M | Apr 2, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $9.31M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $9.93M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $10.82M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $12.48M | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | $13.75M | Feb 15, 2024 |
| FY2022 | Dec 31, 2020 | $12.46M | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $11.95M | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $10.77M | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | $9.67M | Mar 5, 2020 |
| FY2018 | Dec 31, 2016 | $9.43M | Mar 29, 2019 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.95M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $2.95M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $2.95M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $2.95M | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $2.95M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $2.95M | Feb 28, 2022 |
| FY2021 | Dec 31, 2019 | $2.95M | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $3.14M | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | $2.65M | Mar 5, 2020 |
| FY2018 | Dec 31, 2016 | $2.65M | Mar 29, 2019 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $11.06M | Feb 26, 2026 |
| FY2025 | Apr 30, 2025 | $2.40M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $12.01M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $9.74M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $7.59M | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $5.60M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $3.55M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $2.16M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $818.1K | Mar 5, 2020 |
| FY2018 | Dec 31, 2017 | $17.4K | Mar 29, 2019 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.20M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $2.01M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $2.64M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $4.37M | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $5.41M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $4.37M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $2.64M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $1.48M | Mar 5, 2020 |
| FY2019 | Dec 31, 2017 | $2.71M | Mar 5, 2020 |
| FY2018 | Dec 31, 2016 | $2.49M | Mar 29, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2016 | Dec 31, 2015 | $16.2K | Feb 28, 2017 |
| FY2015 | Dec 31, 2014 | $23.7K | Feb 16, 2016 |
| FY2014 | Dec 31, 2013 | $165.8K | Feb 18, 2015 |
| FY2013 | Dec 31, 2012 | $391.1K | Mar 4, 2014 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | 0 | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | 0 | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | 0 | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | 0 | Mar 5, 2020 |
| FY2018 | Dec 31, 2017 | 0 | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | 0 | Apr 2, 2018 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | 0 | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | 0 | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | 0 | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | 0 | Mar 5, 2020 |
| FY2018 | Dec 31, 2017 | 0 | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | 0 | Apr 2, 2018 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 5.06M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 5.24M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | 5.50M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | 5.78M | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | 6.07M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | 6.12M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | 6.25M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | 24.97M | Mar 5, 2020 |
| FY2018 | Dec 31, 2017 | 24.65M | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | 24.65M | Apr 2, 2018 |