Reve ue: 2Q26 eve ue i c eased by 11% to $23.4 millio .G oss ma gi s: 2Q26 G oss ma gi eaches 51.9%, expa di g by 445 basis poi ts.Net i come : 2Q26 P e-tax i come stable at $4.0 millio ; Net i come of $3.2 millio ve sus $3.7 millio i 2Q25 impacted by $0.6 millio yea -o -yea i c ease i i come tax p ovisio . T aili g-twelve-mo th (TTM) Net i come i c eases 14% to $13.6 millio .F ee Cash Flow: TTM F ee Cash Flow Afte -tax(1) eaches $19.0 millio , a 35% yea -ove -yea i c ease.Bala ce sheet: Cash positio g ows to $29.9 millio o Ju e 30, 2026, a $1 millio seque tial i c ease a d compa es to $22.8 millio o Decembe 31, 2025.Wo ki g Capital : $46.1 millio o Ju e 30, 2026, a i c ease of $8.8 millio ve sus Decembe 31, 2025.Capital Allocatio : I vestme t i BKR9500 i -vehicle multiba d adio a d softwa e solutio s co ti ues as pe Visio 2030.Outlook: Reite ati g full yea 2026 ta gets: $90 millio i eve ue, g oss ma gi of +50%, GAAP EPS of ove $3.15 pe diluted sha e, a d o -GAAP adjusted EPS(1) of $3.55 pe diluted sha e. These ta gets eflect expe si g of e gi ee i g costs that we e p eviously capitalized.
BK Tech ologies Co po atio (NYSE Ame ica :BKTI) (the “Compa y,” “BK Tech ologies”), a p ovide of adva ced public safety commu icatio s solutio s, today a ou ced fi a cial a d ope ati g esults fo the seco d qua te of fiscal yea 2026 e ded Ju e 30, 2026. The Compa y will host a co fe e ce call today, August 13, 2026, at 9 a.m. Easte Time.
(1) Rep ese ts a o -GAAP fi a cial measu e. Refe to the sectio e titled “Use of No -GAAP Measu es” a d Reco ciliatio to GAAP late i this p ess elease.
Joh Suzuki, CEO of BK Tech ologies, comme ted, “Ou seco d qua te demo st ates the st e gth of the busi ess model we’ e buildi g. We delive ed double-digit eve ue g owth, expa ded g oss ma gi s to ea ly 52%, ge e ated a othe eco d cash bala ce while emai i g debt f ee, a d co ti ued executi g agai st ou Visio 2030 oadmap. These esults eflect co ti ued successful executio of ou Visio 2030 st ategy. Reve ue g ew 11% to $23.4 millio d ive by st o g dema d f om state a d local public safety age cies a d co ti ued adoptio of ou BKR 9000 ha dheld multiba d adio. We closed the qua te with a eco d $29.9 millio i cash a d o debt, givi g us bala ce sheet st e gth to co ti ue i vesti g i the p oducts ou custome s dema d most. Ou commitme t to se vi g fi st espo de s with missio -c itical p oducts a d se vices is u de sco ed by ou dilige t i vestme ts i g owth as we co ti ue the buildout of the BKR Se ies adios a d i ovative softwa e solutio s u de ou BK ONE platfo m. With the acclaimed public debut of ou BKR9500 i -vehicle multiba d adio i Ap il 2026, we a e gai i g ea ly t actio with existi g custome s placi g i itial o de s ahead of FCC app oval, a d we emai o t ack fo custome delive ies i the fi st half of 2027.
“We believe the best use of ou capital is i vesti g i ew, i ovative p oducts a d solutio s, a d have positio ed the compa y to add ess the top p io ities shapi g the public safety commu icatio s ma ket. The ma ket co ti ues to adva ce with the t a sitio f om si gle-ba d to multiba d adios, while the shift f om i -vehicle to o -pe so b oadba d solutio s emai s i its ea ly stages, p ese ti g a mea i gful lo g-te m g owth oppo tu ity. Ou oadmap is di ectly tied to both ma ket t a sitio s a d emai s focused o b i gi g p oducts a d solutio s to ma ket that e ha ce the safety of fi st espo de s. With successful i itial field testi g of ou pate t pe di g tethe i g solutio , BKRplay, custome feedback is validati g ou st ategy a d ei fo ci g ou view that a tethe i g solutio e ha ces the fi st espo de s expe ie ce whe ope ati g I te opONE, a Push-To-Talk Ove Cellula (PTToC) se vice.
“This pe fo ma ce th ough the fi st half of 2026 keeps us fi mly o t ack to delive o ou full-yea guida ce. We a e p oud of ou team’s executio this qua te a d emai g ateful fo the t ust ou public safety custome s place i us eve y day.”
Reve ue of $23.4 millio i c eased 10.6% compa ed to $21.2 millio i the seco d qua te of 2025, d ive by st o g o de activity f om state a d local age cies.
G oss ma gi of 51.9% expa ded by 445 basis poi ts compa ed to 47.4% i the seco d qua te of 2025, p ima ily elated to favo able p oduct mix a d co ti ued custome adoptio of the BKR 9000 ha dheld multiba d adio.
Selli g, Ge e al & Admi ist ative expe ses totaled $8.3 millio , compa ed with $6.0 millio fo the seco d qua te of 2025. The i c ease i Selli g, Ge e al a d Admi ist ative expe ses fo the qua te was p ima ily d ive by pla ed e gi ee i g i vestme ts to accele ate developme t of ou ext-ge e atio BKR9500 i -vehicle multiba d adio platfo m a d BK ONE softwa e ecosystem.
Ope ati g i come was $3.8 millio compa ed with $4.0 millio i the seco d qua te of 2025. Ope ati g ma gi decli ed to 16.4% f om 18.9% i the yea ago qua te , impacted p ima ily by highe e gi ee i g a d o -cash defe ed compe satio expe ses.
BK Tech ologies eco ded et i come of $3.2 millio , o $0.84 pe basic a d $0.79 pe diluted sha e, compa ed with $3.7 millio , o $1.03 pe basic a d $0.96 pe diluted sha e, fo the seco d qua te of 2025. The va iatio i et i come was impacted by a $0.6 millio yea -o -yea i c ease i i come tax p ovisio s, o ($0.15) pe basic a d ($0.14) pe diluted sha e.
The Compa y epo ted o -GAAP adjusted ea i gs1 of $4.1 millio , o $1.08 pe basic a d $1.01 pe diluted sha e, compa ed to $5.1 millio , o $1.39 pe basic a d $1.30 pe diluted sha e, fo the seco d qua te of 2025.
No -GAAP adjusted EBITDA(1) fo the seco d qua te of 2026 was $4.5 millio , compa ed with $4.4 millio i the seco d qua te of 2025. No -GAAP adjusted EBITDA(1) ma gi of 19.4% compa es to 20.9% i the seco d qua te of 2025.
Wo ki g capital totaled $46.1 millio o Ju e 30, 2026, of which $42.1 millio was comp ised of cash, cash equivale ts a d t ade eceivables. This compa es with wo ki g capital o Decembe 31, 2025 of $37.3 millio , of which $30.0 millio was comp ised of cash, cash equivale ts a d t ade eceivables. The Compa y e ded the qua te with o debt.
Reve ue of $44.7 millio i c eased 11.2% compa ed to eve ue of $40.2 millio i the six mo ths e ded Ju e 30, 2025.
G oss ma gi of 51.8% imp oved as compa ed to g oss ma gi of 47.2% i the same pe iod last yea .
Selli g, Ge e al & Admi ist ative expe ses totaled $16.1 millio , compa ed with $12.1 millio fo the p io yea pe iod.
Ope ati g i come totaled $7.1 millio compa ed with ope ati g i come of $6.9 millio i the six mo ths e ded Ju e 30, 2025.
BK Tech ologies eco ded et i come of $5.9 millio o $1.57 pe basic a d $1.47 pe diluted sha e, compa ed with et i come of $5.9 millio o $1.63 pe basic a d $1.51 pe diluted sha e, fo the six mo ths e ded Ju e 30, 2025.
The Compa y epo ted o -GAAP adjusted ea i gs(1) of $7.6 millio , o $2.01 pe basic a d $1.88 pe diluted sha e, compa ed to $7.5 millio , o $2.07 pe basic a d $1.91 pe diluted sha e, fo six mo ths e ded Ju e 30, 2025.
No -GAAP adjusted EBITDA(1) was $8.5 millio , compa ed with $7.6 millio i the fi st six mo ths of 2025. No -GAAP adjusted EBITDA(1) ma gi of 19.1% compa es to 19.0% i the same pe iod a yea ago.
BK Tech ologies will host a co fe e ce call a d webcast fo i vesto s today, August 13, 2026, at 9 a.m. Easte Time.
Sha eholde s a d i te ested pa ties may pa ticipate i the co fe e ce call by diali g (888) 506-0062 a d i te atio al pa ticipa ts should dial (973) 528-0011 a d use access code: 207608. The call a d the accompa yi g slide deck will also be webcast at:
https://www.webcaste 5.com/Webcast/Page/2208/54270
The co fe e ce call a d slide deck may also be accessed via the Eve ts page of the Compa y’s website at www.bktech ologies.com. Please allow ext a time p io to the call to visit the site.
A o li e a chive of the webcast will be available o the Compa y’s website fo thi ty (30) days followi g the call at www.bktech ologies.com. A eplay of the co fe e ce call will be available o e hou afte completio of the call u til Thu sday, August 27, 2026, by diali g (877) 481-4010 a d i te atio al pa ticipa ts should dial (919) 882-2331. All calle s must use access code 54270 to access the eplay.
Adjusted Ea i gs Befo e I te est Taxes Dep eciatio a d Amo tizatio (Adjusted EBITDA). Adjusted EBITDA a d Adjusted EBITDA ma gi a e co side ed o -GAAP fi a cial measu es u de the SEC’s ules because they exclude ce tai amou ts i cluded i et i come p ovided i the stateme t of ope atio s att ibutable to the Compa y calculated i acco da ce with GAAP, the most di ectly compa able fi a cial measu e calculated i acco da ce with GAAP. Ma ageme t believes Adjusted EBITDA a d Adjusted EBITDA ma gi ca help the i vesto s bette u de sta d ope atio al facto s associated with the Compa y’s fi a cial pe fo ma ce because it excludes the followi g f om co side atio : i te est, taxes, dep eciatio a d amo tizatio , a d i f eque t o u usual losses o gai s (i.e., o – ecu i g a d i c eme tal est uctu i g cha ges that a e ot expected to be outi ely i cu ed yea ove yea because of the Compa y’s st ategy a d ope ati g expe ie ce). Adjusted EBITDA ma gi is defi ed as Adjusted EBITDA divided by total eve ue. See Reco ciliatio to GAAP below fo calculatio methodology a d details ega di g Adjusted EBITDA a d Adjusted EBITDA Ma gi .
Adjusted ea i gs pe sha e (Adjusted EPS). Adjusted EPS is co side ed a o -GAAP fi a cial measu e u de the SEC’s ules because it excludes ce tai amou ts i cluded i the basic a d diluted ea i gs pe sha e att ibutable to the Compa y calculated i acco da ce with GAAP EPS, the most di ectly compa able fi a cial measu e calculated i acco da ce with GAAP. Adjusted EPS is a o -GAAP fi a cial measu e that adjusts GAAP EPS fo expe se items that a e typically st ategic i atu e o that ma ageme t othe wise does ot view as eflecti g the ope ati g pe fo ma ce of the Compa y. Ma ageme t believes Adjusted EPS ca help the eade bette u de sta d the ope ati g pe fo ma ce of the co e busi esses a d thei ability to ge e ate ea i gs. The Compa y has o -cash cha ges fo stock-based compe satio that do ot eflect the ope ati g pe fo ma ce of the LMR a d Solutio s busi esses. The Compa y also eco ded a o e-time, o -cash i come tax p ovisio expe se fo NOL ca yfo wa ds du i g the seco d, thi d a d fou th qua te s of 2025. Ma ageme t believes that these o e-time cha ges do ot eflect the ope atio al p ofitability of the busi ess fo the seco d, thi d a d fou th qua te s of 2025 compa ed to p io pe iods. See Reco ciliatio to GAAP below fo calculatio methodology a d details ega di g Adjusted EPS.
F ee cash flow afte tax (FCFAT). F ee Cash flow Afte -tax is co side ed a o -GAAP fi a cial measu e u de the SEC’s ules. FCFAT is used i additio to a d i co ju ctio with esults p ese ted i acco da ce with GAAP, a d FCFAT should ot be elied upo to the exclusio of GAAP fi a cial measu es. Ma ageme t st o gly e cou ages i vesto s to eview ou fi a cial stateme ts a d publicly-filed epo ts i thei e ti ety a d to ot ely o a y si gle fi a cial measu e. FCFAT, which we eco cile to ” et i come,” adjusted fo i te est i come o expe se, dep eciatio a d amo tizatio a d i come taxes, as fu the adjusted fo o -cash stock-based compe satio expe se a d o -cash defe ed i come tax p ovisio o expe se, is a measu e of cash flow f om ope atio s. Ma ageme t also views FCFAT, as a measu e of the Compa y’s ability to educe debt, add to cash bala ces, pay divide ds, a d epu chase stock. FCFAT has limitatio s due to the fact that it does ot ep ese t the esidual cash flow available fo disc etio a y expe ditu es. Fo example, FCFAT does ot i co po ate payme ts made o fi a ce lease obligatio s o equi ed debt se vice payme ts. I additio , diffe e t compa ies defi e FCFAT diffe e tly. The efo e, we believe it is impo ta t to view FCFAT as a compleme t to ou e ti e co solidated stateme ts of co solidated ope atio s a d cash flows. FCFAT co ve sio is useful to i vesto s fo the fo egoi g easo s a d as a measu e of the ate at which the Compa y co ve ts its et i come epo ted i acco da ce with GAAP to cash i flows, which helps i vesto s assess whethe the Compa y is ge e ati g sufficie t cash flow to p ovide a adequate etu .
We do ot p ovide eco ciliatio s of fo wa d-looki g o -GAAP guida ce due to the i he e t difficulty i qua tifyi g ce tai items ecessa y to p ovide such eco ciliatio s as a esult of thei u k ow effect, timi g a d pote tial sig ifica ce.
BK Tech ologies Co po atio (NYSE Ame ica :BKTI) ma ufactu es high-specificatio commu icatio s equipme t of u su passed eliability a d value fo public safety a d gove me t age cies. BK’s BKR 9000 ha dheld multiba d adio a d ext ge e atio BKR9500 i -vehicle multiba d adio combi es adva ced featu es with ugged du ability a d i te ope ability to meet the c itical dema ds of fi st espo de s. BK’s Solutio s busi ess u it, which i cludes the BK ONE family of offe i gs, combi es la d mobile adio (LMR) a d LTE/5G to c eate seamless co ectivity amo g fi st espo de s fo pla ed a d eme ge cy eve ts. BK Tech ologies is headqua te ed i West Melbou e, Flo ida. Fo mo e i fo matio , visit www.bktech ologies.com.
This p ess elease co tai s stateme ts about futu e eve ts a d expectatio s which a e “fo wa d-looki g stateme ts” withi the mea i g of Sectio s 27A of the Secu ities Act of 1933, as ame ded, a d 21E of the Secu ities Excha ge Act of 1934, as ame ded. These fo wa d-looki g stateme ts co ce the Compa y’s ope atio s, eco omic pe fo ma ce, a d fi a cial co ditio , i cludi g, but ot limited to the Compa y’s lo g-te m st ategic pla a d guida ce, a d a e based la gely o the Compa y’s beliefs a d expectatio s. These stateme ts i volve k ow a d u k ow isks, u ce tai ties, a d othe facto s, ma y of which a e outside of ou co t ol, that may cause the actual esults, pe fo ma ce, o achieveme ts of the Compa y, o i dust y esults, to be mate ially diffe e t f om a y futu e esults, pe fo ma ce, o achieveme ts exp essed o implied by such fo wa d-looki g stateme ts. Such facto s a d isks i clude, amo g othe s, the followi g: cha ges o adva ces i tech ology; the success of ou Solutio s a d Radio busi ess li es a d the p oducts offe ed the eu de ; successful i t oductio of ew p oducts a d tech ologies, i cludi g ou ability to successfully develop a d sell ou cu e t a d a ticipated Solutio s p oducts, a d ou ew multiba d adio p oduct a d othe elated p oducts i the BKR Se ies p oduct li e; competitio i the la d mobile adio i dust y; ge e al eco omic a d busi ess co ditio s, i cludi g the impacts of i flatio , fluctuati g i te est ates, ta iffs a d othe t ade ba ie s a d est ictio s, pote tial ta iff efu ds, labo a d supply sho tages a d dis uptio s, fede al, state a d local gove me t budget deficits a d spe di g limitatio s, a y impact f om a p olo ged shutdow of the U.S. Gove me t, the effects of atu al disaste s, cha ges i climate, seve e weathe eve ts, geopolitical co flicts a d othe eve ts, acts of wa o te o ism, global health c ises a d othe catast ophic eve ts, as well as the b oade impacts to fi a cial ma kets a d the global mac oeco omic a d geopolitical e vi o me ts, i cludi g a pote tial U.S. o global dow tu o ecessio ; the availability, te ms a d deployme t of capital; elia ce o co t act ma ufactu e s a d supplie s; isks associated with fixed-p ice co t acts; heavy elia ce o sales to age cies of the U.S. Gove me t a d ou ability to comply with the equi eme ts of co t acts, laws a d egulatio s elated to such sales; allocatio s by gove me t age cies amo g multiple app oved supplie s u de existi g ag eeme ts; ou ability to comply with U.S. tax laws a d utilize defe ed tax assets; ou ability to att act a d etai executive office s, skilled wo ke s a d key pe so el; ou ability to ma age ou g owth; ou ability to ide tify pote tial ca didates fo , a d to co summate, acquisitio , dispositio o i vestme t t a sactio s; impact of ou capital allocatio st ategy; isks elated to mai tai i g ou b a d a d eputatio ; impact of gove me t egulatio ; impact of isi g health ca e costs; ou busi ess with ma ufactu e s located i othe cou t ies, i cludi g the effects of cha ges i the U.S. Gove me t a d fo eig gove me ts’ t ade a d ta iff policies, such as fluctuati g ta iffs imposed by the U.S. a d the impositio of i c eased ta iffs a d othe t ade ba ie s a d etaliato y measu es by fo eig gove me ts; ou i ve to y a d debt levels; ou ability to comply with the te ms, i cludi g fi a cial cove a ts, of ou outsta di g debt, i cludi g fluctuati g i te est ates; p otectio of ou i tellectual p ope ty ights; fluctuatio i ou ope ati g esults a d stock p ice; a y i f i geme t claims; data secu ity b eaches, cybe -attacks a d othe facto s impacti g ou tech ology systems o thi d-pa ty i fo matio tech ology systems upo which we ely; widesp ead outages, i te uptio s, o othe failu es of ope atio al, commu icatio , o othe systems; availability of adequate i su a ce cove age; e vi o me tal, social a d gove a ce matte s; mai te a ce of ou NYSE Ame ica listi g; isks elated to bei g a holdi g compa y; ou ability to mai tai effective i te al co t ol ove fi a cial epo ti g; a d the effect o ou stock p ice a d ability to aise capital th ough futu e sales of sha es of ou commo stock o othe wise. Ce tai of these facto s a d isks, as well as othe isks a d u ce tai ties, a e stated i mo e detail i the Compa y’s A ual Repo t o Fo m 10-K fo the fiscal yea e ded Decembe 31, 2025, a d i the Compa y’s subseque t fili gs with the SEC. These fo wa d-looki g stateme ts a e made as of the date of this p ess elease, a d the Compa y assumes o obligatio to update the fo wa d-looki g stateme ts o to update the easo s why actual esults could diffe f om those p ojected i the fo wa d-looki g stateme t except as equi ed by law.
This p ess elease a d elated commu icatio s co tai specifically ide tified o -GAAP fi a cial measu es, which suppleme t the esults that a e epo ted acco di g to ge e ally accepted accou ti g p i ciples (“GAAP”). These o -GAAP fi a cial measu es may be useful to i vesto s but should ot be viewed i isolatio f om, o as a substitute fo , GAAP esults. Diffe e ces betwee o -GAAP fi a cial measu es a d compa able GAAP fi a cial measu es a e eco ciled i the elease. We do ot p ovide eco ciliatio s of fo wa d-looki g o -GAAP guida ce due to the i he e t difficulty i qua tifyi g ce tai items ecessa y to p ovide such eco ciliatio s as a esult of thei u k ow effect, timi g a d pote tial sig ifica ce.
Sales, et | $ | 23,414 | $ | 21,165 | $ | 44,707 | $ | 40,219 | Cost of p oducts | 11,271 | 11,130 | 21,535 | 21,234 | Selli g, ge e al a d admi ist ative | 8,314 | 6,038 | 16,054 | 12,072 | Total ope ati g expe ses | 19,585 | 17,168 | 37,589 | 33,306 | Ope ati g i come | 3,829 | 3,997 | 7,118 | 6,913 | Net i te est | 205 | 39 | 374 | 42 | Othe expe se | (31 | ) | (20 | ) | (45 | ) | (137 | ) | I come befo e i come taxes | 4,003 | 4,016 | 7,447 | 6,818 | P ovisio fo i come tax expe se | (835 | ) | (275 | ) | (1,517 | ) | (945 | ) | Net i come | $ | 3,168 | $ | 3,741 | $ | 5,930 | $ | 5,873 | Net i come pe sha e – basic | $ | 0.84 | $ | 1.03 | $ | 1.57 | $ | 1.63 | Net i come pe sha e – diluted: | $ | 0.79 | $ | 0.96 | $ | 1.47 | $ | 1.51 | Weighted ave age sha es outsta di g – basic | 3,751,175 | 3,646,503 | 3,766,775 | 3,609,744 | Weighted ave age sha es outsta di g – diluted | 4,023,206 | 3,893,373 | 4,037,051 | 3,893,462 |
Cu e t assets: | Cash a d cash equivale ts | T ade accou ts eceivable, et | I ve to ies, et | P epaid expe ses a d othe cu e t assets | Total cu e t assets | P ope ty, pla t a d equipme t, et | Ope ati g lease ight-of-use (ROU) assets | Defe ed tax assets, et | Capitalized softwa e a d system i teg atio costs, et | Othe assets | Total assets | Cu e t liabilities: | Accou ts payable | Acc ued compe satio a d elated taxes | Acc ued wa a ty expe se | Acc ued othe expe ses a d othe cu e t liabilities | Sho t-te m lease liabilities | Defe ed eve ue, et of cu e t po tio | Total cu e t liabilities | Lo g-te m ope ati g lease liabilities | Defe ed eve ue | Total liabilities | Commitme ts a d co ti ge cies | Stockholde s’ equity: | P efe ed stock; $1.00 pa value; 1,000,000 autho ized sha es; | o e issued o outsta di g | Commo stock; $0.60 pa value; 10,000,000 autho ized sha es; | 4,125,236 a d 4,092,056 issued, a d 3,768,151 a d 3,733,733 | outsta di g sha es as of Ju e 30, 2026 a d Decembe 31, 2025, espectively | Additio al paid-i capital | Retai ed ea i gs (accumulated deficit) | T easu y Stock, at cost, 357,085 sha es as of Ju e 30, 2026 a d 358,323 | sha es as of Decembe 31, 2025 | Total stockholde s’ equity | Total liabilities a d stockholde s’ equity |
Net I come | $ | 3,168 | $ | 3,741 | $ | 5,930 | $ | 5,873 | Adjustme ts to eco cile et i come to EBITDA | I te est (i come), et | (205 | ) | (39 | ) | (374 | ) | (42 | ) | I come tax p ovisio | 835 | 275 | 1,517 | 945 | 3,798 | 3,977 | 7,073 | 6,776 | Dep eciatio a d amo tizatio | 747 | 440 | 1,463 | 867 | 4,545 | 4,417 | 8,536 | 7,643 | I ve to y w ite-off – New P oduct I t oductio | – | – | – | – | $ | 4,545 | $ | 4,417 | $ | 8,536 | $ | 7,643 | Net I come | $ | 3,168 | $ | 3,741 | $ | 5,930 | $ | 5,873 | No -cash stock-based compe satio expe se | 512 | 425 | 931 | 818 | No -cash i come tax p ovisio expe se (be efit) | 375 | 889 | 718 | 764 | I ve to y w ite-off – New P oduct I t oductio | – | – | – | – | Adjusted ea i gs pe sha e – basic | $ | 1.08 | $ | 1.39 | $ | 2.01 | $ | 2.07 | Adjusted ea i gs pe sha e – diluted | $ | 1.01 | $ | 1.30 | $ | 1.88 | $ | 1.91 | Weighted ave age commo sha es outsta di g, basic | 3,751,175 | 3,646,503 | 3,766,775 | 3,609,744 | Weighted ave age commo sha es outsta di g, diluted | 4,023,206 | 3,893,373 | 4,037,051 | 3,893,462 |
Net I come | $ | 3,436 | $ | 4,227 | $ | 2,762 | $ | 3,168 | $ | 13,593 | Adjustme ts to eco cile et i come to EBITDA | I te est (i come), et | (94 | ) | (129 | ) | (169 | ) | (205 | ) | (597 | ) | I come tax p ovisio | 1,452 | 184 | 682 | 835 | 3,153 | 4,794 | 4,282 | 3,275 | 3,798 | 16,149 | Dep eciatio a d amo tizatio | 458 | 453 | 716 | 747 | 2,374 | $ | 5,252 | $ | 4,735 | $ | 3,991 | $ | 4,545 | $ | 18,523 | No -cash stock-based compe satio expe se | 637 | 471 | 419 | 512 | 2,039 | No -cash i come tax p ovisio expe se (be efit) | 932 | (29 | ) | 343 | 375 | 1,621 | $ | 6,821 | $ | 5,177 | $ | 4,753 | $ | 5,432 | $ | 22,183 | I come tax p ovisio | (1,452 | ) | (184 | ) | (682 | ) | (835 | ) | (3,153 | ) | $ | 5,369 | $ | 4,993 | $ | 4,071 | $ | 4,597 | $ | 19,030 |
Net I come | $ | 2,357 | $ | 3,657 | $ | 2,132 | $ | 3,741 | $ | 11,887 | Adjustme ts to eco cile et i come to EBITDA | I te est (i come), et | 1 | (15 | ) | (3 | ) | (39 | ) | (56 | ) | I come tax p ovisio | 247 | (1,472 | ) | 670 | 275 | (280 | ) | 2,605 | 2,170 | 2,799 | 3,977 | 11,551 | Dep eciatio a d amo tizatio | 429 | 442 | 427 | 440 | 1,738 | $ | 3,034 | $ | 2,612 | $ | 3,226 | 4,417 | $ | 13,289 | No -cash stock-based compe satio expe se | 224 | 156 | 393 | 425 | 1,198 | No -cash i come tax p ovisio expe se (be efit) | – | (1,472 | ) | (125 | ) | 889 | (708 | ) | $ | 3,258 | $ | 1,296 | $ | 3,494 | $ | 5,731 | $ | 13,779 | I come tax p ovisio | (247 | ) | 1,472 | (670 | ) | (275 | ) | 280 | $ | 3,011 | $ | 2,768 | $ | 2,824 | $ | 5,456 | $ | 14,059 |
