Income Statement
Balance Sheet
Cash Flow
| Line Item | Q1 2026Mar 31, 2026 | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 |
|---|---|---|---|---|---|
| Total Revenue | 48.2M | 48.6M | 49.6M | 42.7M | 35.3M |
| Revenue Growth % | -0.8% | -2.0% | 16.0% | 21.0% | -- |
| Operating Revenue | 47.5M | 47.3M | 47.8M | 42.0M | 34.7M |
| Cost Of Revenue | 21.0M | 21.2M | 22.5M | 17.0M | 15.6M |
| Gross Profit | 27.1M | 27.3M | 27.1M | 25.7M | 19.7M |
| Gross Margin % | 56.4% | 56.3% | 54.6% | 60.1% | 55.8% |
| Selling General And Administration | 2.6M | 3.1M | 3.2M | 3.0M | 2.3M |
| General And Administrative Expense | 2.6M | 3.1M | 3.2M | 3.0M | 2.3M |
| Other Operating Expenses | 15.8M | 15.8M | 15.7M | 12.8M | 13.2M |
| Operating Expense | 18.4M | 18.9M | 18.9M | 15.8M | 15.5M |
| Operating Income | 8.8M | 8.4M | 8.2M | 9.9M | 4.2M |
| Operating Margin % | 18.2% | 17.3% | 16.5% | 23.2% | 11.9% |
| EBIT | -9.6M | 17.8M | 14.8M | 22.5M | 684,000 |
| Interest Expense | 2.5M | 2.3M | 2.4M | 1.5M | 962,000 |
| Interest Expense Non Operating | 2.5M | 2.3M | 2.4M | 1.5M | 962,000 |
| Interest Income | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Income Non Operating | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Interest Income | -2.5M | -2.3M | -2.4M | -1.5M | -962,000 |
| Other Income Expense | -18.3M | 9.4M | 6.7M | 12.6M | -3.5M |
| Special Income Charges | 19,000 | 312,000 | 4.7M | 288,000 | 105,000 |
| Restructuring And Mergern Acquisition | 161,000 | 0.00 | 0.00 | 24,000 | 103,000 |
| Gain On Sale Of Security | -18.3M | 9.1M | 2.0M | 12.3M | -3.6M |
| Pretax Income | -12.1M | 15.5M | 12.4M | 21.0M | -278,000 |
| Tax Provision | -2.5M | 3.9M | 3.2M | 3.7M | 116,000 |
| Tax Effect Of Unusual Items | -3.8M | 2.3M | 1.7M | 2.2M | -527,400 |
| Net Income From Continuing And Discontinued Operation | -9.6M | 11.7M | 9.2M | 17.3M | -394,000 |
| Net Income From Continuing Operation Net Minority Interest | -9.6M | 11.7M | 9.2M | 17.3M | -394,000 |
| Net Income Including Noncontrolling Interests | -9.6M | 11.7M | 9.2M | 17.3M | -394,000 |
| Net Income Common Stockholders | -9.6M | 11.7M | 9.2M | 17.3M | -394,000 |
| Net Margin % | -19.8% | 24.0% | 18.5% | 40.5% | -1.1% |
| Net Income | -9.6M | 11.7M | 9.2M | 17.3M | -394,000 |
| EBITDA | 7.5M | 35.6M | 34.0M | 37.3M | 12.9M |
| Normalized EBITDA | 25.8M | 26.2M | 27.3M | 24.7M | 16.4M |
| Reconciled Depreciation | 17.1M | 17.8M | 19.1M | 14.8M | 12.2M |
| Basic EPS | -0.02 | -- | 0.02 | 0.03 | 0.00 |
| Diluted EPS | -0.02 | -- | 0.01 | 0.03 | 0.00 |
| Basic Average Shares | 619.1M | -- | 595.7M | 595.7M | 595.7M |
| Diluted Average Shares | 659.9M | -- | 628.8M | 622.6M | 627.1M |
| Total Unusual Items | -18.3M | 9.4M | 6.7M | 12.6M | -3.5M |
| Total Unusual Items Excluding Goodwill | -18.3M | 9.4M | 6.7M | 12.6M | -3.5M |
| Tax Rate For Calcs | 0.21 | 0.25 | 0.26 | 0.18 | 0.15 |
| Normalized Income | 4.9M | 4.6M | 4.3M | 6.9M | 2.6M |
| Diluted NI Availto Com Stockholders | -9.6M | 11.7M | 9.2M | 17.3M | -394,000 |
| Gain On Sale Of Ppe | 180,000 | 312,000 | 4.7M | 312,000 | 208,000 |
| Net Income Continuous Operations | -9.6M | 11.7M | 9.2M | 17.3M | -394,000 |
| Net Non Operating Interest Income Expense | -2.5M | -2.3M | -2.4M | -1.5M | -962,000 |
| Other Gand A | 1.6M | 1.8M | 1.8M | 1.7M | 1.5M |
| Reconciled Cost Of Revenue | 21.0M | 21.2M | 22.5M | 17.0M | 15.6M |
| Salaries And Wages | 1.1M | 1.3M | 1.4M | 1.3M | 781,000 |
| Total Expenses | 39.4M | 40.2M | 41.4M | 32.8M | 31.1M |
| Line Item | Q1 2026Mar 31, 2026 | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 64,000 | 47,000 | 67,000 | 507,000 | 201,000 |
| Cash Cash Equivalents And Short Term Investments | 64,000 | 47,000 | 67,000 | 507,000 | 201,000 |
| Accounts Receivable | 18.0M | 15.0M | 13.4M | 17.5M | 12.4M |
| Receivables | 25.4M | 18.3M | 26.0M | 24.2M | 29.7M |
| Prepaid Assets | 2.2M | 1.5M | 3.1M | 4.3M | 3.5M |
| Current Assets | 40.1M | 30.3M | 36.6M | 37.3M | 34.0M |
| Gross PPE | 774.1M | 643.1M | 625.8M | 602.3M | 535.9M |
| Accumulated Depreciation | -175.6M | -158.5M | -140.7M | -123.0M | -108.2M |
| Net PPE | 598.5M | 484.6M | 485.1M | 479.3M | 427.7M |
| Total Non Current Assets | 601.2M | 485.6M | 485.2M | 479.9M | 427.7M |
| Total Assets | 641.3M | 515.9M | 521.8M | 517.2M | 461.8M |
| Current Debt | -- | -- | -- | -- | -- |
| Current Debt And Capital Lease Obligation | -- | -- | -- | -- | -- |
| Payables And Accrued Expenses | 68.6M | 30.9M | 41.5M | 71.0M | 87.2M |
| Other Current Liabilities | 26.3M | 3.6M | 3.7M | 3.8M | 5.1M |
| Current Liabilities | 94.9M | 34.5M | 45.1M | 74.8M | 92.3M |
| Long Term Debt | 77.8M | 78.9M | 91.2M | 66.6M | 38.9M |
| Long Term Debt And Capital Lease Obligation | 77.8M | 78.9M | 91.2M | 66.6M | 38.9M |
| Long Term Capital Lease Obligation | -- | -- | -- | -- | -- |
| Other Non Current Liabilities | 79.0M | 68.5M | 67.9M | 72.3M | 49.3M |
| Total Non Current Liabilities Net Minority Interest | 169.6M | 163.5M | 171.7M | 148.0M | 93.7M |
| Total Liabilities Net Minority Interest | 264.5M | 198.0M | 216.9M | 222.8M | 186.0M |
| Common Stock | 322.0M | 254.6M | 254.6M | 254.6M | 254.6M |
| Capital Stock | 322.0M | 254.6M | 254.6M | 254.6M | 254.6M |
| Additional Paid In Capital | 11.3M | 10.3M | 9.0M | 7.6M | 6.3M |
| Retained Earnings | 33.7M | 43.2M | 31.6M | 22.4M | 5.1M |
| Common Stock Equity | 376.8M | 317.9M | 304.9M | 294.4M | 275.7M |
| Stockholders Equity | 376.8M | 317.9M | 304.9M | 294.4M | 275.7M |
| Total Equity Gross Minority Interest | 376.8M | 317.9M | 304.9M | 294.4M | 275.7M |
| Total Capitalization | 454.6M | 396.8M | 396.1M | 361.0M | 314.7M |
| Net Tangible Assets | 376.8M | 317.9M | 304.9M | 294.4M | 275.7M |
| Tangible Book Value | 376.8M | 317.9M | 304.9M | 294.4M | 275.7M |
| Working Capital | -54.8M | -4.2M | -8.5M | -37.5M | -58.3M |
| Invested Capital | 454.6M | 396.8M | 396.1M | 361.0M | 314.7M |
| Total Debt | 77.8M | 78.9M | 91.2M | 66.6M | 38.9M |
| Net Debt | 77.7M | 78.9M | 91.1M | 66.1M | 38.7M |
| Share Issued | 691.6M | 595.7M | 595.7M | 595.7M | 595.7M |
| Ordinary Shares Number | 691.6M | 595.7M | 595.7M | 595.7M | 595.7M |
| Accrued Interest Receivable | -- | -- | -- | -- | -- |
| Capital Lease Obligations | -- | -- | -- | -- | -- |
| Current Capital Lease Obligation | -- | -- | -- | -- | -- |
| Current Provisions | -- | -- | -- | -- | -- |
| Derivative Product Liabilities | -- | -- | 431,000 | -- | 192,000 |
| Duefrom Related Parties Current | 6.3M | 3.3M | 10.7M | 5.3M | 15.3M |
| Financial Assets | 2.7M | 928,000 | 95,000 | 567,000 | 0.00 |
| Hedging Assets Current | 12.4M | 10.4M | 7.5M | 8.3M | 669,000 |
| Line Of Credit | -- | -- | -- | -- | -- |
| Long Term Provisions | -- | -- | -- | -- | -- |
| Non Current Deferred Liabilities | 12.8M | 16.1M | 12.2M | 9.0M | 5.3M |
| Non Current Deferred Taxes Liabilities | 12.8M | 16.1M | 12.2M | 9.0M | 5.3M |
| Other Equity Interest | 9.8M | 9.8M | 9.8M | 9.8M | 9.8M |
| Other Properties | 774.1M | 643.1M | 625.8M | 602.3M | 535.9M |
| Other Receivables | -- | -- | 1.5M | 27,000 | 671,000 |
| Taxes Receivable | 1.1M | 0.00 | 385,000 | 1.4M | 1.4M |
| Line Item | Q1 2026Mar 31, 2026 | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | 25.4M | 33.5M | 38.4M | 20.4M | 15.7M |
| Cash Flow From Continuing Operating Activities | 25.4M | 33.5M | 38.4M | 20.4M | 15.7M |
| Depreciation And Amortization | 253,000 | 17.8M | -- | -- | -- |
| Depreciation Amortization Depletion | 17.1M | 17.8M | 19.1M | 14.8M | 12.2M |
| Stock Based Compensation | 1.1M | 1.3M | 1.4M | 1.3M | 781,000 |
| Deferred Tax | -2.5M | 3.9M | 3.2M | 3.7M | 116,000 |
| Deferred Income Tax | -2.5M | 3.9M | 3.2M | 3.7M | 116,000 |
| Change In Working Capital | 586,000 | 1.9M | 7.2M | -6.8M | -185,000 |
| Other Non Cash Items | 1.5M | 2.0M | 235,000 | 313,000 | -425,000 |
| Capital Expenditure | -120.9M | -18.0M | -25.2M | -68.6M | -97.2M |
| Purchase Of PPE | -120.9M | -18.0M | -25.2M | -68.6M | -97.2M |
| Net PPE Purchase And Sale | -120.9M | -17.7M | -24.8M | -42.4M | -80.6M |
| Investing Cash Flow | -90.3M | -20.4M | -63.2M | -47.9M | -53.3M |
| Cash Flow From Continuing Investing Activities | -90.3M | -20.4M | -63.2M | -47.9M | -53.3M |
| Issuance Of Debt | 102.4M | 62.0M | 109.8M | 138.5M | 106.5M |
| Repayment Of Debt | -104.1M | -75.1M | -85.5M | -110.9M | -68.9M |
| Net Issuance Payments Of Debt | -1.7M | -13.1M | 24.3M | 27.6M | 37.6M |
| Issuance Of Capital Stock | 66.7M | -- | -- | -- | 0.00 |
| Net Common Stock Issuance | 66.7M | -- | -- | -- | 0.00 |
| Financing Cash Flow | 64.9M | -13.1M | 24.3M | 27.8M | 37.5M |
| Cash Flow From Continuing Financing Activities | 64.9M | -13.1M | 24.3M | 27.8M | 37.5M |
| Effect Of Exchange Rate Changes | 1,000 | 6,000 | -1,000 | -15,000 | 10,000 |
| Changes In Cash | 16,000 | -26,000 | -439,000 | 321,000 | -133,000 |
| Beginning Cash Position | 47,000 | 67,000 | 507,000 | 201,000 | 324,000 |
| End Cash Position | 64,000 | 47,000 | 67,000 | 507,000 | 201,000 |
| Free Cash Flow | -95.6M | 15.4M | 13.2M | -48.3M | -81.5M |
| Income Tax Paid Supplemental Data | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Paid Supplemental Data | 4.4M | 2.2M | 1.4M | 1.2M | 440,000 |
| Common Stock Issuance | 66.7M | -- | -- | -- | 0.00 |
| Depletion | 16.8M | -- | 19.1M | 14.8M | 12.2M |
| Depreciation | 253,000 | 17.8M | -- | -- | -- |
| Gain Loss On Investment Securities | 17.4M | -4.7M | 2.7M | -10.0M | 3.8M |
| Long Term Debt Issuance | -- | 62.0M | 109.8M | 138.5M | -- |
| Long Term Debt Payments | -104.1M | -75.1M | -85.5M | -110.9M | -68.9M |
| Net Foreign Currency Exchange Gain Loss | -1,000 | -8,000 | 10,000 | 7,000 | 9,000 |
| Net Income From Continuing Operations | -9.6M | 11.7M | 9.2M | 17.3M | -394,000 |
| Net Long Term Debt Issuance | -104.1M | -13.1M | 24.3M | 27.6M | -68.9M |
| Net Other Financing Charges | -37,000 | 45,000 | -- | 195,000 | -128,000 |
| Net Other Investing Changes | 30.6M | -2.7M | -38.4M | -5.5M | 27.3M |
| Net Short Term Debt Issuance | 102.4M | -- | -- | -- | 106.5M |
| Operating Gains Losses | 17.2M | -5.0M | -2.0M | -10.3M | 3.6M |
| Proceeds From Stock Option Exercised | -- | -- | -- | -- | -- |
| Sale Of PPE | 0.00 | 304,000 | 448,000 | 26.2M | 16.6M |
| Short Term Debt Issuance | 102.4M | -- | -- | -- | 106.5M |
| Short Term Debt Payments | -- | -- | -- | -- | -- |