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 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling General And Administration | 11.1M | 15.5M | 14.4M | 19.3M |
| General And Administrative Expense | 11.1M | 15.5M | 14.4M | 19.3M |
| Research And Development | 15.1M | 36.8M | 28.1M | 46.0M |
| Depreciation And Amortization In Income Statement | 19,000 | 49,000 | 81,000 | 138,000 |
| Operating Expense | 26.3M | 52.4M | 42.6M | 65.4M |
| Operating Income | -26.3M | -52.4M | -42.6M | -65.4M |
| EBIT | -25.2M | -51.2M | -42.6M | -65.4M |
| Interest Expense | 207,000 | 0.00 | -- | -- |
| Interest Expense Non Operating | 207,000 | 0.00 | -- | -- |
| Interest Income | 357,000 | 1.2M | 788,000 | 94,000 |
| Interest Income Non Operating | 357,000 | 1.2M | 788,000 | 94,000 |
| Net Interest Income | 150,000 | 1.2M | 788,000 | 94,000 |
| Other Income Expense | 677,000 | -2,000 | -9,000 | -1,000 |
| Gain On Sale Of Security | 677,000 | -2,000 | -9,000 | -1,000 |
| Pretax Income | -25.4M | -51.2M | -41.8M | -65.4M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -25.4M | -51.2M | -41.8M | -65.4M |
| Net Income From Continuing Operation Net Minority Interest | -25.4M | -51.2M | -41.8M | -65.4M |
| Net Income Including Noncontrolling Interests | -25.4M | -51.2M | -41.8M | -65.4M |
| Net Income Common Stockholders | -25.4M | -51.2M | -41.8M | -65.4M |
| Net Income | -25.4M | -51.2M | -41.8M | -65.4M |
| EBITDA | -24.8M | -50.7M | -42.1M | -64.8M |
| Normalized EBITDA | -25.5M | -50.7M | -42.1M | -64.8M |
| Reconciled Depreciation | 404,000 | 466,000 | 528,000 | 622,000 |
| Basic EPS | -36.38 | -227.43 | -204.00 | -328.50 |
| Diluted EPS | -36.38 | -227.43 | -204.00 | -328.50 |
| Basic Average Shares | 698,979 | 225,154 | 205,033 | 197,968 |
| Diluted Average Shares | 698,979 | 225,154 | 205,033 | 197,968 |
| Total Unusual Items | 677,000 | -2,000 | -9,000 | -1,000 |
| Total Unusual Items Excluding Goodwill | 677,000 | -2,000 | -9,000 | -1,000 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -26.1M | -51.2M | -41.8M | -65.4M |
| Depreciation Amortization Depletion Income Statement | 19,000 | 49,000 | 81,000 | 138,000 |
| Depreciation Income Statement | 19,000 | 49,000 | 81,000 | 138,000 |
| Diluted NI Availto Com Stockholders | -25.4M | -51.2M | -41.8M | -65.4M |
| Net Income Continuous Operations | -25.4M | -51.2M | -41.8M | -65.4M |
| Net Non Operating Interest Income Expense | 150,000 | 1.2M | 788,000 | 94,000 |
| Other Gand A | 10.4M | 13.3M | 11.4M | 10.2M |
| Salaries And Wages | 714,000 | 2.3M | 3.0M | 9.2M |
| Total Expenses | 26.3M | 52.4M | 42.6M | 65.4M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 6.2M | 9.3M | 37.0M | 39.1M |
| Cash Cash Equivalents And Short Term Investments | 6.2M | 9.3M | 47.0M | 79.1M |
| Cash Equivalents | 4.6M | 6.5M | 36.4M | 38.8M |
| Cash Financial | 1.5M | 2.8M | 596,000 | 294,000 |
| Other Short Term Investments | -- | 0.00 | 10.0M | 40.0M |
| Prepaid Assets | 2.3M | 2.0M | 2.3M | 2.5M |
| Other Current Assets | 570,000 | 600,000 | 257,000 | 133,000 |
| Current Assets | 9.5M | 11.9M | 49.5M | 81.7M |
| Gross PPE | 3.7M | 3.9M | 4.0M | 3.0M |
| Accumulated Depreciation | -3.1M | -2.8M | -2.5M | -2.2M |
| Net PPE | 597,000 | 1.1M | 1.5M | 788,000 |
| Total Non Current Assets | 597,000 | 1.1M | 1.5M | 788,000 |
| Total Assets | 10.1M | 13.0M | 51.0M | 82.5M |
| Current Debt And Capital Lease Obligation | 428,000 | 394,000 | 301,000 | 459,000 |
| Accounts Payable | 1.3M | 3.5M | 3.3M | 1.7M |
| Payables | 1.3M | 6.0M | 6.3M | 1.7M |
| Payables And Accrued Expenses | 4.0M | 14.9M | 12.0M | 7.7M |
| Current Accrued Expenses | 2.8M | 8.8M | 5.7M | 6.0M |
| Current Liabilities | 4.5M | 15.3M | 12.3M | 8.2M |
| Long Term Debt | 10.0M | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 10.2M | 621,000 | 1.0M | 115,000 |
| Long Term Capital Lease Obligation | 193,000 | 621,000 | 1.0M | 115,000 |
| Total Non Current Liabilities Net Minority Interest | 10.2M | 621,000 | 1.0M | 115,000 |
| Total Liabilities Net Minority Interest | 14.7M | 15.9M | 13.3M | 8.3M |
| Common Stock | 457.4M | 444.8M | 437.5M | 437.4M |
| Capital Stock | 457.4M | 444.8M | 437.5M | 437.4M |
| Additional Paid In Capital | 83.3M | 72.1M | 68.9M | 63.7M |
| Retained Earnings | -541.0M | -515.5M | -464.3M | -422.5M |
| Gains Losses Not Affecting Retained Earnings | -4.3M | -4.3M | -4.3M | -4.3M |
| Other Equity Adjustments | -4.3M | -4.3M | -4.3M | -4.3M |
| Common Stock Equity | -4.5M | -2.9M | 37.7M | 74.2M |
| Stockholders Equity | -4.5M | -2.9M | 37.7M | 74.2M |
| Total Equity Gross Minority Interest | -4.5M | -2.9M | 37.7M | 74.2M |
| Total Capitalization | 5.5M | -2.9M | 37.7M | 74.2M |
| Net Tangible Assets | -4.5M | -2.9M | 37.7M | 74.2M |
| Tangible Book Value | -4.5M | -2.9M | 37.7M | 74.2M |
| Working Capital | 5.1M | -3.4M | 37.2M | 73.6M |
| Invested Capital | 5.5M | -2.9M | 37.7M | 74.2M |
| Total Debt | 10.6M | 1.0M | 1.3M | 574,000 |
| Net Debt | 3.9M | -- | -- | -- |
| Share Issued | 2.0M | 264,745 | 205,260 | 204,922 |
| Ordinary Shares Number | 2.0M | 264,745 | 205,260 | 204,922 |
| Capital Lease Obligations | 621,000 | 1.0M | 1.3M | 574,000 |
| Current Capital Lease Obligation | 428,000 | 394,000 | 301,000 | 459,000 |
| Dueto Related Parties Current | 0.00 | 2.6M | 3.0M | -- |
| Leases | 171,000 | 213,000 | 184,000 | 184,000 |
| Machinery Furniture Equipment | 373,000 | 391,000 | 560,000 | 560,000 |
| Other Properties | 3.1M | 3.3M | 3.3M | 2.2M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Restricted Cash | 555,000 | 0.00 | -- | -- |
| Treasury Shares Number | -- | 0.00 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -36.0M | -44.6M | -32.3M | -43.3M |
| Cash Flow From Continuing Operating Activities | -36.0M | -44.6M | -32.3M | -43.3M |
| Depreciation And Amortization | 404,000 | 466,000 | 528,000 | 622,000 |
| Depreciation Amortization Depletion | 404,000 | 466,000 | 528,000 | 622,000 |
| Stock Based Compensation | 1.1M | 3.7M | 5.2M | 12.9M |
| Change In Working Capital | -11.0M | 2.8M | 4.3M | 1.5M |
| Change In Payables And Accrued Expense | -10.8M | 2.9M | 4.3M | 1.4M |
| Change In Payable | -4.8M | -280,000 | 7.6M | -472,000 |
| Change In Other Current Assets | 30,000 | -343,000 | -124,000 | -4,000 |
| Other Non Cash Items | -376,000 | -312,000 | -571,000 | 7.0M |
| Capital Expenditure | -5,000 | -29,000 | -24,000 | -212,000 |
| Purchase Of PPE | -5,000 | -29,000 | -24,000 | -212,000 |
| Net PPE Purchase And Sale | 18,000 | -29,000 | -24,000 | -212,000 |
| Purchase Of Investment | -- | -- | -- | -35.0M |
| Sale Of Investment | 0.00 | 10.0M | -- | -- |
| Net Investment Purchase And Sale | 0.00 | 10.0M | 30.1M | -35.0M |
| Investing Cash Flow | 18,000 | 10.0M | 30.1M | -35.2M |
| Cash Flow From Continuing Investing Activities | 18,000 | 10.0M | 30.1M | -35.2M |
| Issuance Of Debt | 10.0M | 0.00 | -- | -- |
| Net Issuance Payments Of Debt | 10.0M | 0.00 | -- | -- |
| Issuance Of Capital Stock | 23.4M | 6.9M | 101,000 | 36,000 |
| Repurchase Of Capital Stock | -21,000 | -- | -- | -- |
| Net Common Stock Issuance | 23.4M | 6.9M | 101,000 | 36,000 |
| Common Stock Payments | -21,000 | -- | -- | -- |
| Financing Cash Flow | 33.4M | 6.9M | 116,000 | 226,000 |
| Cash Flow From Continuing Financing Activities | 33.4M | 6.9M | 116,000 | 226,000 |
| Effect Of Exchange Rate Changes | 0.00 | 2,000 | -4,000 | 7,000 |
| Changes In Cash | -2.5M | -27.7M | -2.1M | -78.3M |
| Beginning Cash Position | 9.3M | 37.0M | 39.1M | 117.4M |
| End Cash Position | 6.7M | 9.3M | 37.0M | 39.1M |
| Free Cash Flow | -36.0M | -44.6M | -32.3M | -43.5M |
| Change In Account Payable | -4.8M | -280,000 | 7.6M | -472,000 |
| Change In Accrued Expense | -6.1M | 3.2M | -3.3M | 1.9M |
| Change In Prepaid Assets | -211,000 | 261,000 | 173,000 | 78,000 |
| Common Stock Issuance | 23.4M | 6.9M | 101,000 | 36,000 |
| Depreciation | 404,000 | 466,000 | 528,000 | 622,000 |
| Gain Loss On Investment Securities | -686,000 | -- | -- | -- |
| Gain Loss On Sale Of PPE | 76,000 | 0.00 | 16,000 | 0.00 |
| Long Term Debt Issuance | 10.0M | 0.00 | -- | -- |
| Net Foreign Currency Exchange Gain Loss | -- | 0.00 | 4,000 | -7,000 |
| Net Income From Continuing Operations | -25.4M | -51.2M | -41.8M | -65.4M |
| Net Long Term Debt Issuance | 10.0M | 0.00 | -- | -- |
| Operating Gains Losses | -610,000 | -- | 20,000 | -7,000 |
| Proceeds From Stock Option Exercised | 28,000 | 29,000 | 15,000 | 190,000 |
| Sale Of PPE | 23,000 | 0.00 | -- | -- |