Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 12.8M | 3.4M | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 12.8M | 3.4M | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | 6.9M | 4.0M | -- | -- | 0.00 |
| Gross Profit | 5.9M | -577,213 | -- | -- | 0.00 |
| Selling General And Administration | 4.2M | 4.9M | 4.6M | 5.6M | 3.5M |
| General And Administrative Expense | 3.9M | 4.7M | 4.4M | 5.4M | 3.3M |
| Research And Development | -- | -- | -- | 0.00 | 0.00 |
| Depreciation And Amortization In Income Statement | 11,262 | 15,915 | 45,205 | 45,865 | 45,866 |
| Other Operating Expenses | 5.6M | 816,588 | 496,232 | -1.7M | 4.4M |
| Operating Expense | 9.8M | 5.7M | 5.2M | 3.9M | 8.0M |
| Operating Income | -3.9M | -6.3M | -5.2M | -3.9M | -8.0M |
| EBIT | -5.3M | -5.6M | -4.4M | -5.4M | -14.0M |
| Interest Expense | 7,523 | 1,975 | 8,422 | 8,966 | 9,317 |
| Interest Expense Non Operating | 7,523 | 1,975 | 8,422 | 8,966 | 9,317 |
| Interest Income | 354,383 | 93,937 | 26,306 | 245,081 | 901,831 |
| Interest Income Non Operating | 354,383 | 93,937 | 26,306 | 245,081 | 901,831 |
| Net Interest Income | 222,979 | -451,262 | -123,155 | 236,115 | 892,514 |
| Other Income Expense | -1.6M | 1.1M | 895,363 | -1.7M | -6.9M |
| Other Non Operating Income Expenses | 618,305 | 613,985 | 643,553 | 630,075 | 608,392 |
| Special Income Charges | -228,489 | -307,263 | 30,543 | 1.00 | -149,917 |
| Gain On Sale Of Security | -994,178 | 1.1M | 591,610 | -481,427 | -2.6M |
| Earnings From Equity Interest | -1.0M | -343,865 | -370,343 | -1.9M | -4.8M |
| Pretax Income | -5.3M | -5.6M | -4.4M | -5.5M | -14.0M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -5.3M | -5.6M | -4.4M | -5.5M | -14.0M |
| Net Income From Continuing Operation Net Minority Interest | -5.3M | -5.6M | -4.4M | -5.5M | -14.0M |
| Net Income Including Noncontrolling Interests | -5.3M | -5.6M | -4.4M | -5.5M | -14.0M |
| Net Income Common Stockholders | -5.3M | -5.6M | -4.4M | -5.5M | -14.0M |
| Net Income | -5.3M | -5.6M | -4.4M | -5.5M | -14.0M |
| EBITDA | -5.1M | -5.4M | -4.1M | -5.2M | -13.7M |
| Normalized EBITDA | -3.9M | -6.2M | -4.8M | -4.7M | -11.0M |
| Reconciled Depreciation | 208,593 | 216,420 | 245,727 | 246,372 | 285,618 |
| Basic EPS | -0.01 | -0.01 | -0.01 | -- | -0.04 |
| Diluted EPS | -0.01 | -0.01 | -0.01 | -- | -0.04 |
| Basic Average Shares | 454.1M | 403.0M | 397.7M | -- | 327.4M |
| Diluted Average Shares | 454.1M | 403.0M | 397.7M | -- | 327.4M |
| Total Unusual Items | -1.2M | 819,754 | 622,153 | -481,426 | -2.8M |
| Total Unusual Items Excluding Goodwill | -1.2M | 819,754 | 622,153 | -481,426 | -2.8M |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -4.1M | -6.5M | -5.0M | -5.0M | -11.2M |
| Depreciation Amortization Depletion Income Statement | 11,262 | 15,915 | 45,205 | 45,865 | 45,866 |
| Depreciation Income Statement | 11,262 | 15,915 | 45,205 | 45,865 | 45,866 |
| Diluted NI Availto Com Stockholders | -5.3M | -5.6M | -4.4M | -5.5M | -14.0M |
| Gain On Sale Of Business | 0.00 | -307,263 | -- | 0.00 | 0.00 |
| Gain On Sale Of Ppe | -253,269 | -- | -- | 1.00 | -149,917 |
| Insurance And Claims | 124,816 | 63,314 | 108,905 | 63,619 | 83,536 |
| Net Income Continuous Operations | -5.3M | -5.6M | -4.4M | -5.5M | -14.0M |
| Net Non Operating Interest Income Expense | 222,979 | -451,262 | -123,155 | 236,115 | 892,514 |
| Other Gand A | 1.7M | 2.5M | 2.2M | 1.8M | 1.5M |
| Other Special Charges | -24,780 | -- | -30,543 | -- | -- |
| Reconciled Cost Of Revenue | 6.7M | 3.8M | -- | -- | 0.00 |
| Salaries And Wages | 2.0M | 2.1M | 2.1M | 3.5M | 1.7M |
| Selling And Marketing Expense | 318,779 | 178,673 | 245,770 | 241,060 | 169,781 |
| Total Expenses | 16.7M | 9.7M | 5.2M | 3.9M | 8.0M |
| Total Operating Income As Reported | -5.1M | -4.9M | -4.2M | 35.3M | -7.1M |
| Total Other Finance Cost | 123,881 | 543,224 | 141,039 | -- | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 55.3M | 86.0M | 16.7M | 45.2M | 25.9M |
| Cash Cash Equivalents And Short Term Investments | 63.7M | 93.7M | 16.7M | 45.2M | 25.9M |
| Cash Financial | 55.3M | 86.0M | 16.7M | 45.2M | 25.9M |
| Other Short Term Investments | 8.4M | 7.7M | -- | -- | -- |
| Receivables | 406,682 | 244,827 | 129,101 | 277,675 | 948,565 |
| Inventory | 18.0M | 15.2M | 13.5M | 10.2M | 6.8M |
| Prepaid Assets | 13.8M | 10.2M | 9.0M | 10.2M | -- |
| Other Current Assets | -- | -- | -- | -- | 17.8M |
| Current Assets | 95.9M | 119.4M | 39.3M | 65.9M | 51.5M |
| Gross PPE | 225.8M | 204.3M | 186.7M | 164.7M | 120.9M |
| Accumulated Depreciation | -3.4M | -3.3M | -3.1M | -3.2M | -3.0M |
| Net PPE | 222.4M | 201.0M | 183.6M | 161.5M | 118.0M |
| Investments And Advances | 13.1M | 14.2M | 21.9M | 21.6M | 22.6M |
| Long Term Equity Investment | 13.1M | 14.2M | 14.5M | 14.9M | 16.8M |
| Other Non Current Assets | 7.4M | 7.3M | 7.1M | 6.8M | 6.9M |
| Total Non Current Assets | 243.1M | 222.6M | 212.7M | 190.1M | 147.6M |
| Total Assets | 339.0M | 342.0M | 252.1M | 256.0M | 199.1M |
| Current Debt | -- | 40.2M | 29.8M | 28.6M | 38.4M |
| Current Debt And Capital Lease Obligation | 42.8M | 40.3M | 29.9M | 28.7M | 63.0M |
| Accounts Payable | 13.5M | 19.2M | 16.4M | -- | -- |
| Payables | 13.6M | 19.3M | 16.5M | -- | -- |
| Payables And Accrued Expenses | 13.6M | 19.3M | 16.5M | 18.2M | 13.5M |
| Current Deferred Revenue | 5.2M | -- | -- | -- | -- |
| Other Current Liabilities | 16,102 | 518,384 | 541,560 | -- | -- |
| Current Liabilities | 61.6M | 60.2M | 46.9M | 47.0M | 76.5M |
| Long Term Debt And Capital Lease Obligation | 171,467 | 74,609 | 84,887 | 591,805 | 622,123 |
| Long Term Capital Lease Obligation | 171,467 | 74,609 | 84,887 | 591,805 | 622,123 |
| Total Non Current Liabilities Net Minority Interest | 8.2M | 8.1M | 7.6M | 7.8M | 622,123 |
| Total Liabilities Net Minority Interest | 69.8M | 68.2M | 54.5M | 54.8M | 77.1M |
| Common Stock | 373.5M | 373.5M | 291.2M | 291.2M | 207.2M |
| Capital Stock | 373.5M | 373.5M | 291.2M | 291.2M | 207.2M |
| Additional Paid In Capital | 9.1M | 8.4M | 8.7M | 8.0M | 7.3M |
| Retained Earnings | -113.3M | -108.0M | -102.4M | -98.0M | -92.5M |
| Gains Losses Not Affecting Retained Earnings | -36,772 | -36,772 | -36,772 | -36,772 | -36,772 |
| Other Equity Adjustments | -36,772 | -36,772 | -36,772 | -36,772 | -36,772 |
| Common Stock Equity | 269.2M | 273.8M | 197.5M | 201.2M | 122.0M |
| Stockholders Equity | 269.2M | 273.8M | 197.5M | 201.2M | 122.0M |
| Total Equity Gross Minority Interest | 269.2M | 273.8M | 197.5M | 201.2M | 122.0M |
| Total Capitalization | 269.2M | 273.8M | 197.5M | 201.2M | 122.0M |
| Net Tangible Assets | 269.2M | 273.8M | 197.5M | 201.2M | 122.0M |
| Tangible Book Value | 269.2M | 273.8M | 197.5M | 201.2M | 122.0M |
| Working Capital | 34.3M | 59.2M | -7.6M | 18.9M | -25.0M |
| Invested Capital | 269.2M | 314.0M | 227.3M | 229.8M | 160.4M |
| Total Debt | 42.9M | 40.4M | 30.0M | 29.3M | 63.7M |
| Net Debt | -- | -- | 13.1M | -- | 12.5M |
| Share Issued | 454.1M | 454.1M | 397.7M | 397.7M | 327.4M |
| Ordinary Shares Number | 454.1M | 454.1M | 397.7M | 397.7M | 327.4M |
| Accrued Interest Receivable | 314,116 | 107,500 | 15,938 | 114,064 | 876,478 |
| Available For Sale Securities | -- | -- | 7.3M | 6.7M | 5.8M |
| Buildings And Improvements | -- | -- | -- | 997,239 | 997,238 |
| Capital Lease Obligations | 355,261 | 152,845 | 176,529 | 710,713 | 738,960 |
| Construction In Progress | 217.1M | 195.3M | 177.7M | 154.9M | 111.1M |
| Current Capital Lease Obligation | 183,794 | 78,236 | 91,642 | 118,908 | 116,837 |
| Current Deferred Liabilities | 5.2M | -- | -- | -- | -- |
| Investmentin Financial Assets | 0.00 | 0.00 | 7.3M | 6.7M | 5.8M |
| Investmentsin Joint Venturesat Cost | 13.1M | 14.2M | 14.5M | 14.9M | 16.8M |
| Line Of Credit | -- | 40.2M | 29.8M | 28.6M | -- |
| Long Term Provisions | 8.1M | 8.0M | 7.6M | 7.3M | -- |
| Machinery Furniture Equipment | 5.6M | 6.2M | 6.2M | 6.2M | 6.2M |
| Non Current Prepaid Assets | 178,541 | 178,541 | 178,088 | 181,871 | 177,944 |
| Other Current Borrowings | -- | -- | -- | -- | 38.4M |
| Other Inventories | 12.1M | 10.6M | 9.6M | -- | -- |
| Other Payable | 89,037 | 101,963 | 80,596 | -- | -- |
| Other Properties | 3.1M | 2.8M | 2.8M | 2.6M | 2.6M |
| Raw Materials | 5.9M | 4.6M | 4.0M | -- | -- |
| Taxes Receivable | 92,566 | 137,327 | 113,163 | 163,611 | 72,087 |
| Work In Process | -- | -- | 248,875 | -- | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | -10.1M | -6.1M | -7.2M | 7.5M | 923,600 |
| Cash Flow From Continuing Operating Activities | -10.1M | -6.1M | -7.2M | 7.5M | 923,600 |
| Depreciation And Amortization | 208,593 | 216,420 | 245,727 | 246,372 | 285,618 |
| Depreciation Amortization Depletion | 208,593 | 216,420 | 245,727 | 246,372 | 285,618 |
| Stock Based Compensation | 747,645 | 695,832 | 779,345 | 699,788 | 611,185 |
| Change In Working Capital | -7.9M | -1.1M | -3.8M | 6.1M | 6.4M |
| Change In Receivables | -565,317 | -644,722 | -593,286 | -2.6M | -693,427 |
| Change In Inventory | -2.8M | -1.7M | -3.4M | -- | 0.00 |
| Change In Payables And Accrued Expense | -1.2M | 2.7M | -1.3M | 4.4M | 5.1M |
| Change In Payable | -- | -- | -1.3M | -- | -- |
| Other Non Cash Items | 167,922 | 442,917 | 421,730 | 3.3M | 9,317 |
| Capital Expenditure | -20.2M | -16.1M | -21.8M | -35.9M | -30.4M |
| Purchase Of PPE | -20.2M | -16.1M | -21.8M | -35.9M | -30.4M |
| Net PPE Purchase And Sale | -20.2M | -16.1M | -21.8M | -35.9M | -30.4M |
| Investing Cash Flow | -20.2M | -16.1M | -21.8M | -35.8M | -31.4M |
| Cash Flow From Continuing Investing Activities | -20.2M | -16.1M | -21.8M | -35.8M | -31.4M |
| Issuance Of Debt | -200,583 | -- | -- | 0.00 | 24.4M |
| Repayment Of Debt | -53,838 | -25,660 | -37,412 | -37,213 | -37,211 |
| Net Issuance Payments Of Debt | -254,421 | 10.7M | -37,412 | -37,213 | 24.4M |
| Issuance Of Capital Stock | 0.00 | 84.5M | 0.00 | 52.1M | 0.00 |
| Net Common Stock Issuance | 0.00 | 84.5M | 0.00 | 52.1M | 0.00 |
| Financing Cash Flow | -264,982 | 91.8M | -37,412 | 46.8M | 24.4M |
| Cash Flow From Continuing Financing Activities | -264,982 | 91.8M | -37,412 | 46.8M | 24.4M |
| Effect Of Exchange Rate Changes | -87,997 | -297,942 | 591,372 | 743,837 | 402,973 |
| Changes In Cash | -30.6M | 69.6M | -29.1M | 18.5M | -6.1M |
| Beginning Cash Position | 86.0M | 16.7M | 45.2M | 25.9M | 31.7M |
| End Cash Position | 55.3M | 86.0M | 16.7M | 45.2M | 25.9M |
| Free Cash Flow | -30.3M | -22.2M | -29.0M | -28.5M | -29.5M |
| Change In Account Payable | -- | -- | -1.3M | -- | -- |
| Change In Prepaid Assets | -3.4M | -1.5M | 1.4M | 13.8M | 2.0M |
| Common Stock Issuance | 0.00 | 84.5M | 0.00 | 52.1M | 0.00 |
| Depreciation | 208,593 | 216,420 | 245,727 | 246,372 | 285,618 |
| Earnings Losses From Equity Investments | 1.0M | 343,865 | 370,343 | 1.9M | 4.8M |
| Gain Loss On Investment Securities | -- | -- | -- | -86,115 | 3.7M |
| Gain Loss On Sale Of Business | -- | -- | -- | 0.00 | 0.00 |
| Gain Loss On Sale Of PPE | -- | -- | -- | 0.00 | 149,916 |
| Long Term Debt Payments | -53,838 | -25,660 | -37,412 | -37,213 | -37,211 |
| Net Foreign Currency Exchange Gain Loss | 442,064 | -1.1M | -846,768 | 711,041 | -957,077 |
| Net Income From Continuing Operations | -5.3M | -5.6M | -4.4M | -5.5M | -14.0M |
| Net Long Term Debt Issuance | -53,838 | -25,660 | -37,412 | -24.4M | -37,211 |
| Net Other Financing Charges | -10,561 | -- | -- | -5.3M | 0.00 |
| Net Other Investing Changes | -- | -- | -- | 150,001 | -978,363 |
| Net Short Term Debt Issuance | -200,583 | -- | -- | -- | 24.4M |
| Operating Gains Losses | 2.0M | -761,583 | -476,425 | 2.5M | 7.6M |
| Short Term Debt Issuance | -200,583 | -- | -- | -- | 24.4M |