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 | 111.6M | 147.2M | 162.1M | 129.9M |
| Operating Revenue | 111.6M | 147.2M | 162.1M | 129.9M |
| Cost Of Revenue | 86.0M | 127.5M | 135.4M | 105.0M |
| Gross Profit | 25.6M | 19.7M | 26.7M | 24.9M |
| Selling General And Administration | 66.8M | 75.3M | 61.1M | 40.6M |
| Research And Development | -290,000 | 1.9M | 2.6M | 1.8M |
| Other Operating Expenses | -2.8M | -1.4M | -144,000 | -2.8M |
| Operating Expense | 63.7M | 81.5M | 67.8M | 40.9M |
| Operating Income | -38.1M | -61.7M | -41.1M | -16.0M |
| EBIT | -43.9M | -198.1M | -63.2M | -16.0M |
| Interest Expense | 5.5M | 3.3M | 1.3M | -- |
| Interest Expense Non Operating | 5.5M | 3.3M | 1.3M | -- |
| Interest Income | -- | -- | -- | 917,000 |
| Interest Income Non Operating | -- | -- | -- | 917,000 |
| Net Interest Income | -5.5M | -3.3M | -1.3M | 917,000 |
| Other Income Expense | -5.8M | -136.3M | -22.0M | 2.5M |
| Other Non Operating Income Expenses | 1.4M | -2.3M | 161,000 | -387,000 |
| Special Income Charges | -8.2M | -117.9M | 108,000 | -385,000 |
| Write Off | 6.2M | 8.2M | 0.00 | -- |
| Gain On Sale Of Security | 2.0M | -9.4M | -16.5M | 6.6M |
| Earnings From Equity Interest | -1.1M | -6.7M | -5.9M | -3.3M |
| Pretax Income | -49.4M | -201.4M | -64.5M | -12.6M |
| Tax Provision | 6.5M | -8.6M | 14.5M | 1.5M |
| Tax Effect Of Unusual Items | -920,250 | -5.4M | -4.3M | 1.7M |
| Net Income From Continuing And Discontinued Operation | -42.9M | -182.6M | -68.6M | -17.2M |
| Net Income From Continuing Operation Net Minority Interest | -42.9M | -182.6M | -68.6M | -17.2M |
| Net Income Including Noncontrolling Interests | -55.9M | -192.8M | -79.0M | -14.1M |
| Minority Interests | 13.0M | 10.2M | 10.4M | -3.1M |
| Net Income Common Stockholders | -42.9M | -178.1M | -56.2M | -17.2M |
| Net Income | -42.9M | -182.6M | -68.6M | -17.2M |
| EBITDA | -38.4M | -192.2M | -59.4M | -12.7M |
| Normalized EBITDA | -32.2M | -64.9M | -43.1M | -18.9M |
| Reconciled Depreciation | 5.5M | 5.8M | 3.7M | 3.4M |
| Basic EPS | -0.31 | -2.74 | -0.89 | -0.29 |
| Diluted EPS | -0.31 | -2.74 | -0.89 | -0.29 |
| Basic Average Shares | 137.7M | 64.9M | 62.8M | 58.8M |
| Diluted Average Shares | 137.7M | 64.9M | 62.8M | 58.8M |
| Total Unusual Items | -6.1M | -127.3M | -16.3M | 6.2M |
| Total Unusual Items Excluding Goodwill | -6.1M | -127.3M | -16.3M | 6.2M |
| Tax Rate For Calcs | 0.15 | 0.04 | 0.26 | 0.27 |
| Normalized Income | -37.7M | -60.8M | -56.5M | -21.8M |
| Diluted NI Availto Com Stockholders | -42.9M | -178.1M | -56.2M | -17.2M |
| Gain On Sale Of Business | 0.00 | -80.0M | 3.3M | 0.00 |
| Gain On Sale Of Ppe | -- | -- | -- | -1.5M |
| Impairment Of Capital Assets | 1.9M | 29.7M | 0.00 | -- |
| Net Income Continuous Operations | -55.9M | -192.8M | -79.0M | -14.1M |
| Net Non Operating Interest Income Expense | -5.5M | -3.3M | -1.3M | 917,000 |
| Other Special Charges | -- | -- | 3.2M | 385,000 |
| Otherunder Preferred Stock Dividend | -13.0M | -4.5M | -12.4M | 2.7M |
| Provision For Doubtful Accounts | 0.00 | 5.7M | 4.3M | 1.3M |
| Reconciled Cost Of Revenue | 86.0M | 127.5M | 135.4M | 105.0M |
| Total Expenses | 149.7M | 209.0M | 203.2M | 145.9M |
| Total Operating Income As Reported | -40.0M | -85.8M | -36.8M | -14.7M |
| Total Other Finance Cost | -- | -- | 1.2M | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 30.2M | 22.1M | 55.4M | 79.3M |
| Cash Cash Equivalents And Short Term Investments | 30.2M | 22.1M | 55.4M | 79.3M |
| Cash Financial | 30.2M | 22.1M | 55.4M | 79.3M |
| Accounts Receivable | 26.9M | 39.3M | 39.5M | 34.8M |
| Receivables | 37.7M | 67.3M | 91.1M | 79.0M |
| Inventory | 8.4M | 7.6M | 10.1M | 5.5M |
| Prepaid Assets | 3.8M | 2.4M | 2.5M | 5.3M |
| Other Current Assets | 9.4M | 27.5M | 13.4M | 10.5M |
| Current Assets | 104.2M | 148.3M | 204.6M | 226.4M |
| Gross PPE | 172.6M | 156.0M | 524.5M | 360.3M |
| Accumulated Depreciation | -64.4M | -54.3M | -22.5M | -18.6M |
| Net PPE | 108.2M | 101.8M | 502.0M | 341.7M |
| Goodwill | 0.00 | 0.00 | 3.7M | 2.4M |
| Goodwill And Other Intangible Assets | 2.6M | 2.7M | 19.4M | 5.2M |
| Other Intangible Assets | 2.6M | 2.7M | 15.7M | 2.7M |
| Investments And Advances | 3.0M | 10.5M | 22.8M | 29.1M |
| Long Term Equity Investment | 0.00 | 9.9M | 21.8M | 29.1M |
| Other Non Current Assets | 287,000 | 1.4M | 16.5M | 14.4M |
| Total Non Current Assets | 129.1M | 130.4M | 727.2M | 467.0M |
| Total Assets | 233.3M | 278.7M | 931.8M | 693.4M |
| Current Debt | 32.3M | 3.7M | 17.3M | 10.4M |
| Current Debt And Capital Lease Obligation | 34.6M | 5.6M | 18.4M | 11.4M |
| Accounts Payable | 28.6M | 44.9M | 71.0M | 30.4M |
| Payables | 36.1M | 51.2M | 79.0M | 38.4M |
| Payables And Accrued Expenses | 66.1M | 94.7M | 140.7M | 91.5M |
| Current Accrued Expenses | 30.0M | 43.6M | 61.8M | 53.1M |
| Current Deferred Revenue | 23.0M | 27.7M | 15.3M | 8.1M |
| Current Liabilities | 123.6M | 128.0M | 174.4M | 111.0M |
| Long Term Debt | 27.8M | 56.6M | 344.4M | 196.1M |
| Long Term Debt And Capital Lease Obligation | 37.1M | 65.3M | 359.3M | 210.1M |
| Long Term Capital Lease Obligation | 9.3M | 8.7M | 14.9M | 14.0M |
| Other Non Current Liabilities | 3.0M | 3.2M | -- | 4.1M |
| Total Non Current Liabilities Net Minority Interest | 56.5M | 77.0M | 421.3M | 260.8M |
| Total Liabilities Net Minority Interest | 180.1M | 205.1M | 595.7M | 371.8M |
| Common Stock | 439.3M | 397.8M | 397.2M | 340.6M |
| Capital Stock | 439.3M | 397.8M | 397.2M | 340.6M |
| Additional Paid In Capital | 7.3M | 8.1M | 6.7M | 5.4M |
| Retained Earnings | -522.8M | -479.2M | -263.9M | -177.7M |
| Gains Losses Not Affecting Retained Earnings | 18.5M | 17.9M | 15.0M | 9.8M |
| Other Equity Adjustments | 18.5M | 17.9M | 15.0M | 9.8M |
| Common Stock Equity | -57.6M | -55.4M | 155.1M | 178.0M |
| Stockholders Equity | -57.6M | -55.4M | 155.1M | 178.0M |
| Total Equity Gross Minority Interest | 53.2M | 73.6M | 336.0M | 321.6M |
| Minority Interest | 110.8M | 129.0M | 181.0M | 143.5M |
| Total Capitalization | -29.8M | 1.2M | 499.4M | 374.2M |
| Net Tangible Assets | -60.2M | -58.0M | 135.6M | 172.9M |
| Tangible Book Value | -60.2M | -58.0M | 135.6M | 172.9M |
| Working Capital | -19.4M | 20.3M | 30.1M | 115.4M |
| Invested Capital | 2.5M | 4.9M | 516.7M | 384.5M |
| Total Debt | 71.7M | 70.9M | 377.7M | 221.5M |
| Net Debt | 29.9M | 38.2M | 306.3M | 127.2M |
| Share Issued | 169.8M | 65.4M | 64.4M | 58.8M |
| Ordinary Shares Number | 169.8M | 65.4M | 64.4M | 58.8M |
| Allowance For Doubtful Accounts Receivable | -12.1M | -9.1M | -4.7M | -2.9M |
| Available For Sale Securities | 2.6M | -- | -- | -- |
| Buildings And Improvements | 10.0M | 9.1M | 11.3M | 9.1M |
| Capital Lease Obligations | 11.6M | 10.6M | 16.1M | 15.0M |
| Construction In Progress | 38.6M | 28.6M | 471.9M | 315.7M |
| Current Capital Lease Obligation | 2.3M | 1.9M | 1.2M | 1.0M |
| Current Deferred Liabilities | 23.0M | 27.7M | 15.3M | 8.1M |
| Derivative Product Liabilities | 733,000 | 1.1M | 0.00 | 0.00 |
| Dueto Related Parties Non Current | -- | -- | 0.00 | 4.1M |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | 394,000 | 626,000 | 1.0M | -- |
| Finished Goods | 3.2M | 2.7M | 4.9M | 1.2M |
| Gross Accounts Receivable | 39.1M | 48.4M | 44.2M | 37.7M |
| Hedging Assets Current | -- | 169,000 | 8.7M | 24.4M |
| Investmentin Financial Assets | 3.0M | 626,000 | 1.0M | -- |
| Leases | -- | -- | -- | 16.7M |
| Line Of Credit | -- | 0.00 | 5.5M | 5.1M |
| Long Term Provisions | 2.6M | 2.3M | 5.8M | 2.4M |
| Machinery Furniture Equipment | 106.5M | 103.2M | 22.1M | 20.5M |
| Non Current Accounts Receivable | -- | -- | 33.7M | -- |
| Non Current Deferred Assets | 7.8M | 6.5M | 0.00 | 6.7M |
| Non Current Deferred Liabilities | 13.0M | 5.1M | 56.2M | 44.2M |
| Non Current Deferred Revenue | 6.2M | 5.1M | 49.6M | 44.2M |
| Non Current Deferred Taxes Assets | 4.1M | 3.2M | 0.00 | 6.7M |
| Non Current Deferred Taxes Liabilities | 6.8M | 0.00 | 6.5M | 0.00 |
| Non Current Note Receivables | 6.1M | 6.4M | 132.8M | 69.9M |
| Non Current Prepaid Assets | 1.2M | 1.0M | 0.00 | -- |
| Other Current Borrowings | 32.3M | 3.7M | 11.8M | 5.3M |
| Other Inventories | 79,000 | 193,000 | -- | -- |
| Other Properties | 17.5M | 15.1M | 19.2M | 14.9M |
| Other Receivables | 10.8M | 28.0M | 51.7M | 44.2M |
| Preferred Stock | -- | -- | 47.7M | 23.7M |
| Preferred Stock Equity | -- | -- | 47.7M | 23.7M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 4.7M | 4.8M | 4.8M | 4.3M |
| Restricted Cash | 14.8M | 21.5M | 23.4M | 22.3M |
| Taxes Receivable | -- | 20.6M | 0.00 | 0.00 |
| Total Tax Payable | 7.5M | 6.3M | 7.9M | 8.0M |
| Tradeand Other Payables Non Current | -- | -- | 0.00 | 0.00 |
| Work In Process | 439,000 | 0.00 | 368,000 | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -30.2M | -66.8M | -33.1M | -59.6M |
| Cash Flow From Continuing Operating Activities | -30.2M | -66.8M | -33.1M | -59.6M |
| Depreciation And Amortization | 5.5M | 5.8M | 3.7M | 3.4M |
| Depreciation Amortization Depletion | 5.5M | 5.8M | 3.7M | 3.4M |
| Stock Based Compensation | 2.2M | 1.9M | 1.3M | 539,000 |
| Deferred Tax | 6.5M | -8.6M | 14.5M | 1.5M |
| Deferred Income Tax | 6.5M | -8.6M | 14.5M | 1.5M |
| Change In Working Capital | -3.8M | -16.2M | 976,000 | -47.8M |
| Changes In Account Receivables | 8.9M | -5.6M | -4.7M | -12.6M |
| Change In Receivables | 26.1M | 3.6M | -29.1M | -46.2M |
| Change In Inventory | -805,000 | 1.3M | -4.6M | 4.1M |
| Change In Payables And Accrued Expense | -32.6M | -25.3M | 24.9M | 2.8M |
| Change In Payable | -14.7M | 1.6M | 27.7M | 6.8M |
| Change In Other Working Capital | 7.8M | 1.1M | 7.3M | -4.9M |
| Change In Other Current Assets | -2.9M | 4.1M | -394,000 | 893,000 |
| Other Non Cash Items | 1.3M | 6.1M | -1.9M | -3.7M |
| Capital Expenditure | -10.8M | -64.1M | -120.0M | -77.6M |
| Purchase Of PPE | -10.7M | -63.9M | -119.5M | -77.2M |
| Net PPE Purchase And Sale | -10.7M | -63.9M | -119.5M | -77.2M |
| Purchase Of Business | 0.00 | -2.2M | -2.2M | -11.0M |
| Sale Of Business | 0.00 | 70.7M | 0.00 | -- |
| Investing Cash Flow | 10.9M | -27.8M | -190.1M | -138.6M |
| Cash Flow From Continuing Investing Activities | 10.9M | -27.8M | -190.1M | -138.6M |
| Issuance Of Debt | 0.00 | 57.9M | 133.6M | 44.4M |
| Repayment Of Debt | -6.0M | -13.0M | -7.9M | -12.2M |
| Net Issuance Payments Of Debt | -6.0M | 45.0M | 125.7M | 37.3M |
| Issuance Of Capital Stock | 43.2M | 19.8M | 79.9M | 213.2M |
| Net Common Stock Issuance | 40.8M | 0.00 | 55.9M | 199.4M |
| Financing Cash Flow | 32.5M | 64.8M | 198.2M | 239.6M |
| Cash Flow From Continuing Financing Activities | 32.5M | 64.8M | 198.2M | 239.6M |
| Effect Of Exchange Rate Changes | -5.1M | -3.5M | 988,000 | -3.2M |
| Changes In Cash | 13.2M | -29.8M | -24.9M | 41.4M |
| Beginning Cash Position | 22.1M | 55.4M | 79.3M | 41.2M |
| End Cash Position | 30.2M | 22.1M | 55.4M | 79.3M |
| Free Cash Flow | -41.0M | -130.9M | -153.1M | -137.2M |
| Asset Impairment Charge | 8.2M | 37.9M | 0.00 | -- |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Account Payable | -14.7M | 1.6M | 27.7M | 6.8M |
| Change In Accrued Expense | -17.9M | -26.9M | -2.9M | -4.0M |
| Change In Interest Payable | 0.00 | -6.2M | -5.2M | 2.2M |
| Change In Prepaid Assets | -1.4M | -981,000 | 2.8M | -4.6M |
| Common Stock Issuance | 40.8M | 0.00 | 55.9M | 199.4M |
| Earnings Losses From Equity Investments | 1.1M | 6.7M | 5.9M | 3.3M |
| Gain Loss On Investment Securities | -- | 8.0M | 16.7M | -5.7M |
| Gain Loss On Sale Of Business | 0.00 | 25.6M | 3.3M | -2.3M |
| Interest Paid Cff | -5.3M | -1.5M | -2.3M | -1.3M |
| Long Term Debt Issuance | 0.00 | 57.9M | 133.6M | 44.4M |
| Long Term Debt Payments | -6.0M | -13.0M | -7.9M | -12.2M |
| Net Business Purchase And Sale | 0.00 | 68.5M | -2.2M | -11.0M |
| Net Foreign Currency Exchange Gain Loss | -- | -325,000 | 222,000 | -- |
| Net Income From Continuing Operations | -55.9M | -192.8M | -79.0M | -14.1M |
| Net Intangibles Purchase And Sale | -124,000 | -217,000 | -456,000 | -399,000 |
| Net Long Term Debt Issuance | -6.0M | 45.0M | 125.7M | 32.2M |
| Net Other Financing Charges | 608,000 | 1.5M | -5.1M | -19.7M |
| Net Other Investing Changes | 21.7M | -32.2M | -67.9M | -50.0M |
| Net Preferred Stock Issuance | 2.4M | 19.8M | 24.0M | 13.8M |
| Net Short Term Debt Issuance | -- | -4.7M | 0.00 | 5.1M |
| Operating Gains Losses | 1.1M | 94.7M | 26.0M | -2.4M |
| Preferred Stock Issuance | 2.4M | 19.8M | 24.0M | 13.8M |
| Proceeds From Stock Option Exercised | 8,000 | 10,000 | 0.00 | 10.0M |
| Provisionand Write Offof Assets | 3.5M | 5.1M | 4.3M | 3.5M |
| Purchase Of Intangibles | -124,000 | -217,000 | -456,000 | -399,000 |
| Short Term Debt Payments | -- | -4.7M | 0.00 | -- |
| Taxes Refund Paid | 1.2M | -853,000 | -3.1M | -458,000 |
| Unrealized Gain Loss On Investment Securities | 0.00 | 1.7M | 0.00 | -- |