Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 17.9M | 16.9M | 2.0M | 10.9M |
| Operating Revenue | 17.9M | 16.9M | 2.0M | 10.9M |
| Cost Of Revenue | 8.5M | 8.3M | 2.6M | 8.2M |
| Gross Profit | 9.4M | 8.6M | -679,000 | 2.7M |
| Selling General And Administration | 4.4M | 4.9M | 2.0M | 4.2M |
| General And Administrative Expense | 4.4M | 4.9M | 2.0M | 4.2M |
| Depreciation And Amortization In Income Statement | 1.3M | 1.3M | 119,000 | 1.8M |
| Operating Expense | 5.7M | 6.2M | 2.1M | 6.0M |
| Operating Income | 3.7M | 2.4M | -2.8M | -3.3M |
| EBIT | 4.5M | 3.0M | -8.0M | -4.8M |
| Interest Expense | 3.0M | 3.6M | 1.1M | 505,000 |
| Interest Expense Non Operating | 3.0M | 3.6M | 1.1M | 505,000 |
| Interest Income | 338,000 | 493,000 | 197,000 | 12,000 |
| Interest Income Non Operating | 338,000 | 493,000 | 197,000 | 12,000 |
| Net Interest Income | -2.7M | -3.1M | -894,000 | -493,000 |
| Other Income Expense | 417,000 | 28,000 | -5.4M | -1.4M |
| Other Non Operating Income Expenses | 21,000 | 37,000 | 97,000 | 1.0M |
| Special Income Charges | 400,000 | 0.00 | -571,000 | -701,000 |
| Restructuring And Mergern Acquisition | 613,000 | 0.00 | 571,000 | 0.00 |
| Gain On Sale Of Security | -4,000 | -9,000 | -4.9M | -735,000 |
| Pretax Income | 1.5M | -677,000 | -9.1M | -5.3M |
| Tax Provision | -- | 0.00 | -1.5M | -404,000 |
| Tax Effect Of Unusual Items | 59,400 | 0.00 | -886,181 | -110,168 |
| Net Income From Continuing And Discontinued Operation | -1.3M | -4.7M | -9.2M | -7.9M |
| Net Income From Continuing Operation Net Minority Interest | 1.5M | -677,000 | -7.6M | -4.9M |
| Net Income Including Noncontrolling Interests | -1.3M | -4.7M | -9.2M | -7.9M |
| Net Income Common Stockholders | -1.3M | -4.7M | -9.2M | -7.9M |
| Net Income | -1.3M | -4.7M | -9.2M | -7.9M |
| EBITDA | 5.8M | 4.2M | -7.9M | -2.9M |
| Normalized EBITDA | 5.4M | 4.2M | -2.4M | -1.5M |
| Reconciled Depreciation | 1.3M | 1.3M | 119,000 | 1.8M |
| Basic EPS | -0.01 | -0.06 | -0.38 | -0.34 |
| Diluted EPS | -0.01 | -0.06 | -0.38 | -0.34 |
| Basic Average Shares | 85.3M | 79.4M | 24.3M | 23.1M |
| Diluted Average Shares | 85.7M | 79.4M | 24.3M | 23.1M |
| Total Unusual Items | 396,000 | -9,000 | -5.5M | -1.4M |
| Total Unusual Items Excluding Goodwill | 396,000 | -9,000 | -5.5M | -1.4M |
| Tax Rate For Calcs | 0.15 | 0.00 | 0.16 | 0.08 |
| Normalized Income | 1.1M | -668,000 | -3.0M | -3.5M |
| Amortization | 1.0M | 1.0M | 109,000 | 0.00 |
| Amortization Of Intangibles Income Statement | 1.0M | 1.0M | 109,000 | 0.00 |
| Depreciation Amortization Depletion Income Statement | 1.3M | 1.3M | 119,000 | 1.8M |
| Depreciation Income Statement | 253,000 | 244,000 | 10,000 | 1.8M |
| Diluted NI Availto Com Stockholders | -1.3M | -4.7M | -9.2M | -7.9M |
| Gain On Sale Of Ppe | 1.0M | 0.00 | 19,000 | -84,000 |
| Impairment Of Capital Assets | -- | -- | 331,000 | 617,000 |
| Net Income Continuous Operations | 1.5M | -677,000 | -7.6M | -4.9M |
| Net Income Discontinuous Operations | -2.8M | -4.0M | -1.6M | -3.1M |
| Net Non Operating Interest Income Expense | -2.7M | -3.1M | -894,000 | -493,000 |
| Other Gand A | 4.4M | 4.9M | 2.0M | 4.2M |
| Reconciled Cost Of Revenue | 8.5M | 8.3M | 2.6M | 8.2M |
| Total Expenses | 14.2M | 14.5M | 4.7M | 14.2M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 1.0M | 299,000 | 5.1M | 1.8M |
| Cash Cash Equivalents And Short Term Investments | 1.0M | 299,000 | 5.1M | 1.8M |
| Cash Equivalents | 22,000 | 22,000 | 3.0M | 250,000 |
| Cash Financial | 1.0M | 277,000 | 2.1M | 1.5M |
| Accounts Receivable | 2.4M | 3.2M | 808,000 | 255,000 |
| Receivables | 2.4M | 3.2M | 2.4M | 391,000 |
| Inventory | -- | 126,000 | 919,000 | 670,000 |
| Prepaid Assets | -- | -- | 217,000 | 167,000 |
| Other Current Assets | 349,000 | 267,000 | 283,000 | 167,000 |
| Current Assets | 6.5M | 12.3M | 10.2M | 3.0M |
| Gross PPE | 1.6M | 3.8M | 7.2M | 8.2M |
| Accumulated Depreciation | -1.2M | -61,000 | -2.0M | -1.5M |
| Net PPE | 347,000 | 3.8M | 5.1M | 6.7M |
| Goodwill | 7.4M | 7.4M | 8.8M | 1.4M |
| Goodwill And Other Intangible Assets | 47.7M | 48.7M | 55.0M | 5.3M |
| Other Intangible Assets | 40.3M | 41.3M | 46.2M | 3.9M |
| Investments And Advances | -- | -- | 66,000 | 5.0M |
| Total Non Current Assets | 49.9M | 55.0M | 63.7M | 17.3M |
| Total Assets | 56.3M | 67.3M | 73.9M | 20.3M |
| Current Debt | 3.4M | 1.8M | 1.1M | -- |
| Current Debt And Capital Lease Obligation | 4.3M | 3.2M | 3.5M | 1.4M |
| Accounts Payable | 1.7M | 1.3M | 2.6M | 1.5M |
| Payables | 1.8M | 1.4M | 2.7M | 1.5M |
| Payables And Accrued Expenses | 3.0M | 2.6M | 5.5M | 3.2M |
| Current Accrued Expenses | 1.2M | 1.1M | 2.8M | 1.7M |
| Current Deferred Revenue | 1.7M | 1.8M | 1.8M | 268,000 |
| Other Current Liabilities | 1.6M | 6.6M | -- | -- |
| Current Liabilities | 10.7M | 14.1M | 10.9M | 5.0M |
| Long Term Debt | 23.7M | 27.0M | 47.2M | -- |
| Long Term Debt And Capital Lease Obligation | 25.6M | 31.6M | 54.9M | 5.5M |
| Long Term Capital Lease Obligation | 1.9M | 4.6M | 7.7M | 5.5M |
| Total Non Current Liabilities Net Minority Interest | 26.1M | 32.4M | 56.0M | 7.4M |
| Total Liabilities Net Minority Interest | 36.7M | 46.5M | 66.8M | 12.4M |
| Common Stock | 59.3M | 59.3M | 36.0M | 32.9M |
| Capital Stock | 59.3M | 59.3M | 36.0M | 32.9M |
| Additional Paid In Capital | -- | -- | -- | 61.9M |
| Retained Earnings | -102.2M | -100.9M | -96.2M | -86.9M |
| Gains Losses Not Affecting Retained Earnings | 62.4M | 62.4M | 62.3M | 61.9M |
| Common Stock Equity | 19.6M | 20.9M | 7.0M | 7.9M |
| Stockholders Equity | 19.6M | 20.9M | 7.0M | 7.9M |
| Total Equity Gross Minority Interest | 19.6M | 20.9M | 7.0M | 7.9M |
| Total Capitalization | 43.3M | 47.9M | 54.2M | 7.9M |
| Net Tangible Assets | -28.1M | -27.8M | -47.9M | 2.6M |
| Tangible Book Value | -28.1M | -27.8M | -47.9M | 2.6M |
| Working Capital | -4.2M | -1.8M | -711,000 | -2.0M |
| Invested Capital | 46.7M | 49.7M | 55.3M | 7.9M |
| Total Debt | 29.8M | 34.8M | 58.4M | 6.9M |
| Net Debt | 26.1M | 28.6M | 43.2M | -- |
| Share Issued | 85.3M | 85.3M | 33.6M | 23.2M |
| Ordinary Shares Number | 85.3M | 85.3M | 33.6M | 23.2M |
| Allowance For Doubtful Accounts Receivable | -- | -431,000 | -37,000 | -- |
| Assets Held For Sale Current | 1.8M | 8.1M | 0.00 | 0.00 |
| Available For Sale Securities | -- | -- | 66,000 | 5.0M |
| Capital Lease Obligations | 2.7M | 5.9M | 10.1M | 6.9M |
| Current Capital Lease Obligation | 822,000 | 1.3M | 2.4M | 1.4M |
| Current Deferred Liabilities | 1.8M | 1.8M | 1.9M | 374,000 |
| Financial Assets | -- | -- | 0.00 | 38,000 |
| Finished Goods | -- | 126,000 | 382,000 | 236,000 |
| Gross Accounts Receivable | -- | 2.3M | 845,000 | 255,000 |
| Investmentin Financial Assets | -- | -- | 66,000 | 5.0M |
| Leases | 712,000 | 782,000 | 2.5M | 2.5M |
| Line Of Credit | 600,000 | 0.00 | -- | -- |
| Long Term Provisions | 487,000 | 747,000 | 1.0M | 1.2M |
| Machinery Furniture Equipment | 644,000 | 670,000 | 1.7M | 1.7M |
| Non Current Deferred Liabilities | -- | -- | 0.00 | 676,000 |
| Non Current Deferred Taxes Liabilities | -- | -- | 0.00 | 676,000 |
| Non Current Note Receivables | 1.8M | 2.6M | 3.6M | 387,000 |
| Notes Receivable | -- | 1.3M | 1.6M | 136,000 |
| Other Current Borrowings | 2.8M | 1.8M | 1.1M | -- |
| Other Equity Interest | -- | -- | 4.9M | -- |
| Other Payable | 81,000 | 120,000 | 158,000 | -- |
| Other Properties | 233,000 | 2.4M | 3.1M | 4.0M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | -- | 0.00 | 487,000 | 409,000 |
| Restricted Cash | 830,000 | 504,000 | 1.4M | 0.00 |
| Work In Process | -- | 0.00 | 50,000 | 25,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -280,000 | -979,000 | -734,000 | -4.0M |
| Cash Flow From Continuing Operating Activities | 2.6M | -2.6M | -1.4M | -685,000 |
| Depreciation And Amortization | 1.3M | 1.3M | 119,000 | 1.8M |
| Depreciation Amortization Depletion | 1.3M | 1.3M | 119,000 | 1.8M |
| Stock Based Compensation | 61,000 | 82,000 | 388,000 | 408,000 |
| Deferred Tax | -- | 0.00 | -1.5M | -404,000 |
| Deferred Income Tax | -- | 0.00 | -1.5M | -404,000 |
| Change In Working Capital | 757,000 | -3.4M | 2.2M | 1.0M |
| Changes In Account Receivables | 218,000 | -2.5M | 653,000 | 806,000 |
| Change In Receivables | 503,000 | -2.1M | 92,000 | 704,000 |
| Change In Inventory | 81,000 | 1,000 | 547,000 | -241,000 |
| Change In Payables And Accrued Expense | 671,000 | -1.3M | 487,000 | -696,000 |
| Change In Other Working Capital | -302,000 | 6,000 | 1.0M | 1.3M |
| Other Non Cash Items | 2.9M | 4.1M | 3,000 | -399,000 |
| Capital Expenditure | -749,000 | -36,000 | -3,000 | -81,000 |
| Purchase Of PPE | -749,000 | -36,000 | -3,000 | -81,000 |
| Net PPE Purchase And Sale | 396,000 | -36,000 | -3,000 | -81,000 |
| Purchase Of Business | -- | 0.00 | -50.0M | 0.00 |
| Sale Of Business | -- | -- | 0.00 | 11.8M |
| Investing Cash Flow | 3.5M | -1.4M | -49.9M | 8.2M |
| Cash Flow From Continuing Investing Activities | 396,000 | -36,000 | -50.0M | 11.7M |
| Issuance Of Debt | 600,000 | 0.00 | 55.0M | 0.00 |
| Repayment Of Debt | -2.6M | -1.2M | -52,000 | -2.2M |
| Net Issuance Payments Of Debt | -2.0M | -1.2M | 55.0M | -2.2M |
| Issuance Of Capital Stock | -- | 0.00 | 3.4M | 0.00 |
| Net Common Stock Issuance | -- | 0.00 | 3.4M | 0.00 |
| Financing Cash Flow | -2.6M | -2.9M | 55.3M | -3.4M |
| Cash Flow From Continuing Financing Activities | -2.0M | -1.2M | 58.4M | -2.2M |
| Changes In Cash | 609,000 | -5.3M | 4.7M | 816,000 |
| Beginning Cash Position | 1.3M | 6.5M | 1.8M | 949,000 |
| End Cash Position | 1.9M | 1.3M | 6.5M | 1.8M |
| Free Cash Flow | -1.0M | -1.0M | -737,000 | -4.1M |
| Income Tax Paid Supplemental Data | 0.00 | 0.00 | -- | -- |
| Interest Paid Supplemental Data | 2.4M | 3.6M | 1.1M | 27,000 |
| Amortization Cash Flow | 1.0M | 1.0M | 109,000 | 0.00 |
| Amortization Of Intangibles | 1.0M | 1.0M | 109,000 | 0.00 |
| Asset Impairment Charge | -- | -- | 331,000 | 617,000 |
| Capital Expenditure Reported | -- | -- | -- | -81,000 |
| Cash Dividends Paid | -- | -- | 0.00 | 0.00 |
| Cash From Discontinued Financing Activities | -555,000 | -1.7M | -1.6M | -1.3M |
| Cash From Discontinued Investing Activities | 3.1M | -1.3M | 134,000 | -3.5M |
| Cash From Discontinued Operating Activities | -2.9M | 1.6M | 642,000 | -3.3M |
| Change In Prepaid Assets | -196,000 | -34,000 | 81,000 | 1,000 |
| Common Stock Issuance | -- | 0.00 | 3.4M | 0.00 |
| Depreciation | 253,000 | 244,000 | 10,000 | 1.8M |
| Earnings Losses From Equity Investments | -- | -- | 0.00 | 84,000 |
| Gain Loss On Sale Of Business | -- | -- | 0.00 | -839,000 |
| Gain Loss On Sale Of PPE | -1.0M | 0.00 | -19,000 | 84,000 |
| Interest Paid Cff | -- | -- | -1.4M | 0.00 |
| Long Term Debt Issuance | -- | 0.00 | 55.0M | 0.00 |
| Long Term Debt Payments | -2.6M | -1.2M | -52,000 | -1.7M |
| Net Business Purchase And Sale | -- | 0.00 | -50.0M | 11.8M |
| Net Income From Continuing Operations | -1.3M | -4.7M | -7.6M | -4.9M |
| Net Long Term Debt Issuance | -2.6M | -1.2M | 55.0M | -1.7M |
| Net Other Financing Charges | -- | -- | -1.4M | -- |
| Net Short Term Debt Issuance | 600,000 | 0.00 | 0.00 | -501,000 |
| Operating Gains Losses | -1.0M | -- | -19,000 | -671,000 |
| Provisionand Write Offof Assets | -- | -- | -- | 1.0M |
| Sale Of PPE | 1.1M | 0.00 | 196,000 | 0.00 |
| Short Term Debt Issuance | 600,000 | 0.00 | -- | 1.6M |
| Short Term Debt Payments | -- | -- | 0.00 | -501,000 |
| Unrealized Gain Loss On Investment Securities | 0.00 | 66,000 | 4.9M | 1.7M |