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 | 39.0M | 7.3M | 10.4M | 47.8M |
| Operating Revenue | 39.0M | 7.3M | 10.4M | 47.8M |
| Cost Of Revenue | 21.7M | 6.1M | 6.7M | 32.8M |
| Gross Profit | 17.3M | 1.3M | 3.7M | 15.0M |
| Selling General And Administration | 45.1M | 13.3M | 12.9M | 31.3M |
| General And Administrative Expense | 42.7M | 12.0M | 11.4M | 30.2M |
| Research And Development | 5.8M | 4.8M | 8.1M | 155,000 |
| Operating Expense | 50.9M | 18.1M | 21.0M | 31.5M |
| Operating Income | -33.6M | -16.8M | -17.3M | -16.4M |
| EBIT | -26.6M | -31.1M | -16.5M | -15.8M |
| Interest Expense | 1.7M | 1.6M | 618,000 | 462,000 |
| Interest Expense Non Operating | 1.7M | 1.6M | 618,000 | 462,000 |
| Interest Income | 638,000 | 244,000 | 20,000 | 109,000 |
| Interest Income Non Operating | 638,000 | 244,000 | 20,000 | 109,000 |
| Net Interest Income | -2.0M | -1.8M | -634,000 | -484,000 |
| Other Income Expense | 7.2M | -14.1M | 876,000 | 636,000 |
| Other Non Operating Income Expenses | -- | -- | 194,000 | 28,000 |
| Special Income Charges | 7.9M | -14.0M | 1.5M | 608,000 |
| Restructuring And Mergern Acquisition | -2.6M | 900,000 | -1.5M | -608,000 |
| Write Off | 5.4M | 13.1M | 0.00 | -- |
| Gain On Sale Of Security | -673,000 | -134,000 | -395,000 | -- |
| Earnings From Equity Interest | -- | 0.00 | -214,000 | 0.00 |
| Pretax Income | -28.3M | -32.7M | -17.1M | -16.3M |
| Tax Provision | -856,000 | -542,000 | 1.1M | -747,000 |
| Tax Effect Of Unusual Items | 219,282 | -233,994 | 285,689 | 27,884 |
| Net Income From Continuing And Discontinued Operation | -26.3M | -31.6M | -21.1M | -15.7M |
| Net Income From Continuing Operation Net Minority Interest | -26.2M | -32.2M | -18.3M | -15.7M |
| Net Income Including Noncontrolling Interests | -27.5M | -31.5M | -21.0M | -15.5M |
| Minority Interests | 1.2M | -52,000 | -115,000 | -129,000 |
| Net Income Common Stockholders | -26.3M | -31.6M | -21.1M | -15.7M |
| Net Income | -26.3M | -31.6M | -21.1M | -15.7M |
| EBITDA | -19.3M | -27.8M | -13.9M | -11.5M |
| Normalized EBITDA | -26.6M | -13.7M | -15.0M | -12.1M |
| Reconciled Depreciation | 7.3M | 3.3M | 2.5M | 4.3M |
| Basic EPS | -0.19 | -0.55 | -0.42 | -0.33 |
| Diluted EPS | -0.19 | -0.55 | -0.42 | -0.33 |
| Basic Average Shares | 135.6M | 57.0M | 50.1M | 48.0M |
| Diluted Average Shares | 135.6M | 57.0M | 50.1M | 48.0M |
| Total Unusual Items | 7.2M | -14.1M | 1.1M | 608,000 |
| Total Unusual Items Excluding Goodwill | 7.2M | -14.1M | 1.1M | 608,000 |
| Tax Rate For Calcs | 0.03 | 0.02 | 0.26 | 0.05 |
| Normalized Income | -33.3M | -18.3M | -19.1M | -16.3M |
| Diluted NI Availto Com Stockholders | -26.3M | -31.6M | -21.1M | -15.7M |
| Gain On Sale Of Ppe | -228,000 | 0.00 | -- | -- |
| Net Income Continuous Operations | -27.4M | -32.1M | -18.2M | -15.5M |
| Net Income Discontinuous Operations | -54,000 | 596,000 | -2.8M | -- |
| Net Non Operating Interest Income Expense | -2.0M | -1.8M | -634,000 | -484,000 |
| Other Gand A | 42.7M | 12.0M | 11.4M | 30.2M |
| Other Special Charges | -11.0M | -- | -- | -- |
| Reconciled Cost Of Revenue | 21.7M | 6.1M | 6.7M | 32.8M |
| Selling And Marketing Expense | 2.4M | 1.3M | 1.5M | 1.1M |
| Total Expenses | 72.5M | 24.1M | 27.7M | 64.3M |
| Total Other Finance Cost | 953,000 | 420,000 | 36,000 | 131,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 9.4M | 19.2M | 1.4M | 7.1M |
| Cash Cash Equivalents And Short Term Investments | 9.7M | 19.3M | 1.8M | 7.7M |
| Cash Financial | 9.4M | 19.2M | 1.4M | 7.1M |
| Other Short Term Investments | 269,000 | 126,000 | 393,000 | 542,000 |
| Accounts Receivable | 4.1M | 1.1M | 5.8M | 6.5M |
| Receivables | 6.3M | 1.1M | 5.6M | 6.3M |
| Other Current Assets | 2.4M | 1.2M | 1.2M | 2.5M |
| Current Assets | 18.3M | 22.8M | 8.6M | 16.5M |
| Gross PPE | 20.2M | 17.3M | 33.8M | 38.6M |
| Accumulated Depreciation | -15.3M | -13.6M | -23.4M | -24.7M |
| Net PPE | 4.9M | 3.7M | 10.4M | 13.9M |
| Goodwill | 67.1M | 12.3M | 10.1M | 10.1M |
| Goodwill And Other Intangible Assets | 95.4M | 24.8M | 21.3M | 22.5M |
| Other Intangible Assets | 28.3M | 12.5M | 11.2M | 12.4M |
| Investments And Advances | 4.5M | 659,000 | 4.8M | 6.0M |
| Long Term Equity Investment | -- | 0.00 | 2.3M | 2.5M |
| Other Investments | 366,000 | 249,000 | 2.5M | 3.5M |
| Other Non Current Assets | 115,000 | 237,000 | 319,000 | 390,000 |
| Total Non Current Assets | 107.2M | 30.9M | 37.0M | 44.4M |
| Total Assets | 125.5M | 53.7M | 45.6M | 60.9M |
| Current Debt | 1.8M | 672,000 | 7.0M | -- |
| Current Debt And Capital Lease Obligation | 2.7M | 1.7M | 8.1M | 3.1M |
| Accounts Payable | 4.3M | 3.9M | 5.5M | 6.5M |
| Payables | 11.4M | 4.4M | 5.9M | 6.9M |
| Payables And Accrued Expenses | 16.2M | 6.4M | 9.2M | 9.5M |
| Current Accrued Expenses | 4.8M | 2.0M | 3.3M | 2.6M |
| Current Deferred Revenue | 2.5M | 335,000 | 438,000 | 282,000 |
| Other Current Liabilities | 1.9M | 983,000 | 1.6M | 1.6M |
| Current Liabilities | 23.3M | 9.4M | 19.4M | 14.5M |
| Long Term Debt | 14.2M | 15.0M | -- | -- |
| Long Term Debt And Capital Lease Obligation | 19.5M | 19.2M | 9.3M | 11.3M |
| Long Term Capital Lease Obligation | 5.2M | 4.3M | 9.3M | 11.3M |
| Other Non Current Liabilities | 2.6M | 1.5M | 1.4M | 3.0M |
| Total Non Current Liabilities Net Minority Interest | 28.5M | 22.8M | 12.7M | 16.7M |
| Total Liabilities Net Minority Interest | 51.9M | 32.2M | 32.1M | 31.1M |
| Common Stock | 140.1M | 67.4M | 39.8M | 39.8M |
| Capital Stock | 140.1M | 67.4M | 39.8M | 39.8M |
| Additional Paid In Capital | 17.3M | 12.6M | 9.6M | 4.8M |
| Retained Earnings | -95.2M | -69.2M | -37.7M | -16.6M |
| Gains Losses Not Affecting Retained Earnings | -3,000 | 0.00 | -- | -- |
| Common Stock Equity | 63.9M | 12.7M | 11.8M | 28.0M |
| Stockholders Equity | 63.9M | 12.7M | 11.8M | 28.0M |
| Total Equity Gross Minority Interest | 73.7M | 21.5M | 13.5M | 29.7M |
| Minority Interest | 9.8M | 8.8M | 1.7M | 1.7M |
| Total Capitalization | 78.1M | 27.6M | 11.8M | 28.0M |
| Net Tangible Assets | -31.6M | -12.2M | -9.5M | 5.5M |
| Tangible Book Value | -31.6M | -12.2M | -9.5M | 5.5M |
| Working Capital | -5.0M | 13.3M | -10.8M | 2.0M |
| Invested Capital | 79.9M | 28.3M | 18.8M | 28.0M |
| Total Debt | 22.2M | 20.9M | 17.4M | 14.3M |
| Net Debt | 6.6M | -- | 5.6M | -- |
| Share Issued | 199.6M | 118.8M | 86.1M | 86.1M |
| Ordinary Shares Number | 199.6M | 118.8M | 86.1M | 86.1M |
| Allowance For Doubtful Accounts Receivable | -190,000 | -25,000 | -189,000 | -195,000 |
| Assets Held For Sale Current | 0.00 | 1.1M | 0.00 | -- |
| Available For Sale Securities | 4.1M | 410,000 | -- | -- |
| Capital Lease Obligations | 6.2M | 5.3M | 10.4M | 14.3M |
| Current Capital Lease Obligation | 946,000 | 1.0M | 1.1M | 3.1M |
| Current Deferred Liabilities | 2.5M | 335,000 | 438,000 | 282,000 |
| Financial Assets | 2.3M | 1.5M | 0.00 | -- |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | 4.1M | 410,000 | -- | -- |
| Foreign Currency Translation Adjustments | -3,000 | 0.00 | -- | -- |
| Gross Accounts Receivable | 6.2M | 1.1M | 5.8M | 6.5M |
| Income Tax Payable | 373,000 | 19,000 | 230,000 | 177,000 |
| Investmentin Financial Assets | 4.1M | 410,000 | -- | -- |
| Investmentsin Associatesat Cost | -- | 0.00 | 2.3M | 2.5M |
| Leases | 3.8M | 3.5M | 7.3M | 9.7M |
| Line Of Credit | -- | 0.00 | 1.7M | 0.00 |
| Machinery Furniture Equipment | 3.0M | 3.3M | 5.1M | 5.5M |
| Non Current Deferred Assets | -- | 0.00 | 152,000 | 1.6M |
| Non Current Deferred Liabilities | 6.5M | 2.0M | 2.0M | 2.4M |
| Non Current Deferred Taxes Assets | -- | 0.00 | 152,000 | 1.6M |
| Non Current Deferred Taxes Liabilities | 6.5M | 2.0M | 2.0M | 2.4M |
| Other Current Borrowings | 1.8M | 672,000 | 5.3M | -- |
| Other Equity Interest | 1.7M | 2.0M | -- | 1.5M |
| Other Payable | 6.7M | 492,000 | 170,000 | 222,000 |
| Other Properties | 13.4M | 10.5M | 21.4M | 23.4M |
| Other Receivables | 2.4M | -- | -- | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Receivables Adjustments Allowances | -190,000 | -25,000 | -189,000 | -195,000 |
| Total Tax Payable | 373,000 | 19,000 | 230,000 | 177,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -22.6M | -10.8M | -8.3M | -7.1M |
| Cash Flow From Continuing Operating Activities | -22.6M | -9.4M | -10.9M | -7.1M |
| Depreciation And Amortization | 7.3M | 3.3M | 2.5M | 4.3M |
| Depreciation Amortization Depletion | 7.3M | 3.3M | 2.5M | 4.3M |
| Stock Based Compensation | 7.1M | 3.3M | 4.8M | 6.1M |
| Deferred Tax | -1.2M | -561,000 | 952,000 | -794,000 |
| Deferred Income Tax | -1.2M | -561,000 | 952,000 | -794,000 |
| Change In Working Capital | -2.8M | 1.1M | 2.2M | -1.6M |
| Changes In Account Receivables | 1.4M | 4.5M | 695,000 | -1.5M |
| Change In Receivables | 1.4M | 4.5M | 695,000 | -1.5M |
| Change In Payables And Accrued Expense | -1.7M | -3.5M | 122,000 | 1.1M |
| Change In Other Working Capital | -1.7M | -- | 156,000 | -- |
| Change In Other Current Assets | -874,000 | 52,000 | 1.4M | -1.3M |
| Other Non Cash Items | -4.0M | 2.2M | -1.1M | -231,000 |
| Capital Expenditure | -1.3M | -66,000 | -1.1M | -2.4M |
| Purchase Of PPE | -91,000 | -66,000 | -292,000 | -833,000 |
| Net PPE Purchase And Sale | -91,000 | -66,000 | -292,000 | -833,000 |
| Purchase Of Business | -10.6M | -1.1M | 0.00 | -5.5M |
| Sale Of Business | 0.00 | 3.0M | 0.00 | -- |
| Purchase Of Investment | -3.4M | -410,000 | 0.00 | -810,000 |
| Net Investment Purchase And Sale | -3.4M | -410,000 | 0.00 | -810,000 |
| Investing Cash Flow | -15.4M | 1.5M | -1.2M | -8.6M |
| Cash Flow From Continuing Investing Activities | -15.4M | 1.5M | -1.1M | -8.6M |
| Issuance Of Debt | 237,000 | 10.0M | 168,000 | 498,000 |
| Repayment Of Debt | -1.2M | -2.3M | -500,000 | -3.8M |
| Net Issuance Payments Of Debt | -931,000 | 7.7M | 1.4M | -3.3M |
| Issuance Of Capital Stock | 19.1M | 0.00 | 0.00 | 27.5M |
| Repurchase Of Capital Stock | -625,000 | 0.00 | 0.00 | -870,000 |
| Net Common Stock Issuance | 18.5M | 0.00 | 0.00 | 26.7M |
| Common Stock Payments | -625,000 | 0.00 | 0.00 | -870,000 |
| Financing Cash Flow | 28.2M | 27.1M | 3.8M | 22.0M |
| Cash Flow From Continuing Financing Activities | 28.2M | 28.4M | 6.3M | 22.0M |
| Changes In Cash | -9.7M | 17.8M | -5.7M | 6.2M |
| Beginning Cash Position | 19.2M | 1.4M | 7.1M | 894,000 |
| End Cash Position | 9.4M | 19.2M | 1.4M | 7.1M |
| Free Cash Flow | -23.9M | -10.9M | -9.5M | -9.5M |
| Asset Impairment Charge | 5.6M | 13.1M | 0.00 | -- |
| Cash Dividends Paid | -- | -- | -- | 0.00 |
| Cash From Discontinued Financing Activities | 0.00 | -1.3M | -2.6M | -- |
| Cash From Discontinued Investing Activities | 0.00 | -62,000 | -20,000 | -- |
| Cash From Discontinued Operating Activities | 21,000 | -1.4M | 2.6M | -- |
| Common Stock Issuance | 19.1M | 0.00 | 0.00 | 27.5M |
| Dividends Received Cfi | 0.00 | 100,000 | -- | -- |
| Earnings Losses From Equity Investments | -- | 0.00 | 214,000 | 0.00 |
| Gain Loss On Investment Securities | 950,000 | -- | -- | -- |
| Gain Loss On Sale Of PPE | -- | 0.00 | 48,000 | 0.00 |
| Long Term Debt Issuance | 237,000 | 10.0M | 168,000 | 498,000 |
| Long Term Debt Payments | -1.2M | -576,000 | -500,000 | -3.8M |
| Net Business Purchase And Sale | -10.6M | 1.9M | 0.00 | -5.5M |
| Net Income From Continuing Operations | -27.5M | -31.5M | -21.0M | -15.5M |
| Net Intangibles Purchase And Sale | -1.2M | 0.00 | -856,000 | -1.5M |
| Net Long Term Debt Issuance | -931,000 | 9.4M | -332,000 | -3.3M |
| Net Other Financing Charges | 537,000 | 3.3M | 5.0M | -1.4M |
| Net Short Term Debt Issuance | 0.00 | -1.7M | 1.7M | 0.00 |
| Operating Gains Losses | -6.9M | -370,000 | 262,000 | -- |
| Proceeds From Stock Option Exercised | 10.1M | 17.4M | -- | -- |
| Provisionand Write Offof Assets | 12,000 | 11,000 | 0.00 | 696,000 |
| Purchase Of Intangibles | -1.2M | 0.00 | -856,000 | -1.5M |
| Short Term Debt Issuance | -- | -- | 1.7M | 0.00 |
| Short Term Debt Payments | 0.00 | -1.7M | -- | -- |
| Unrealized Gain Loss On Investment Securities | -277,000 | 134,000 | 395,000 | 0.00 |