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 | 1.6M | 14.8M | 54.9M | 25.4M |
| Operating Revenue | 1.6M | 13.9M | 49.3M | 18.5M |
| Cost Of Revenue | 236,091 | 14.4M | 59.0M | 27.4M |
| Gross Profit | 1.3M | 415,297 | -4.1M | -2.0M |
| Selling General And Administration | 8.0M | 7.0M | 21.2M | 21.3M |
| General And Administrative Expense | 7.8M | 6.9M | 20.8M | 20.1M |
| Research And Development | 1.5M | 606,765 | 2.6M | 2.1M |
| Depreciation And Amortization In Income Statement | 383,311 | 1.4M | 3.1M | 3.1M |
| Other Operating Expenses | 435,604 | 688,143 | -264,585 | -3.3M |
| Operating Expense | 10.4M | 10.4M | 26.6M | 23.2M |
| Operating Income | -9.0M | -10.0M | -30.7M | -25.2M |
| EBIT | -13.2M | 14.8M | -32.0M | -28.7M |
| Interest Expense | 2.0M | 278,525 | 1.4M | 811,256 |
| Interest Expense Non Operating | 2.0M | 278,525 | 1.4M | 811,256 |
| Interest Income | 4,000 | 22,734 | 3,075 | 38,077 |
| Interest Income Non Operating | 4,000 | 22,734 | 3,075 | 38,077 |
| Net Interest Income | -2.0M | -255,791 | -1.4M | -773,179 |
| Other Income Expense | -4.2M | 24.8M | -1.4M | -3.5M |
| Other Non Operating Income Expenses | -575,331 | -- | -- | -- |
| Special Income Charges | -6,562 | 31.4M | -1.3M | -25,503 |
| Gain On Sale Of Security | 265,115 | -933,269 | -12,294 | -3.5M |
| Earnings From Equity Interest | -3.8M | -5.7M | 0.00 | -- |
| Pretax Income | -15.2M | 14.5M | -33.4M | -29.5M |
| Tax Provision | 188,356 | -103,435 | 60,046 | -209,453 |
| Tax Effect Of Unusual Items | 38,783 | 12.2M | -354,321 | -24,968 |
| Net Income From Continuing And Discontinued Operation | -18.1M | 916,045 | -33.4M | -29.3M |
| Net Income From Continuing Operation Net Minority Interest | -15.4M | 14.6M | -33.4M | -29.3M |
| Net Income Including Noncontrolling Interests | -3.7M | 916,045 | -33.4M | -29.3M |
| Net Income Common Stockholders | -3.7M | 916,045 | -33.4M | -29.3M |
| Net Income | -3.7M | 916,045 | -33.4M | -29.3M |
| EBITDA | -12.8M | 16.2M | -25.9M | -23.6M |
| Normalized EBITDA | -13.1M | -14.3M | -24.5M | -20.1M |
| Reconciled Depreciation | 388,768 | 1.4M | 6.1M | 5.1M |
| Basic EPS | -0.03 | 0.01 | -0.27 | -0.31 |
| Diluted EPS | -0.03 | 0.01 | -0.27 | -0.31 |
| Basic Average Shares | 133.6M | 132.9M | 123.9M | 95.3M |
| Diluted Average Shares | 133.6M | 132.9M | 123.9M | 95.3M |
| Total Unusual Items | 258,553 | 30.5M | -1.4M | -3.5M |
| Total Unusual Items Excluding Goodwill | 258,553 | 30.5M | -1.4M | -3.5M |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.26 | 0.01 |
| Normalized Income | -15.6M | -3.7M | -32.4M | -25.8M |
| Amortization | 327,040 | 671,800 | 1.4M | 2.7M |
| Amortization Of Intangibles Income Statement | 327,040 | 671,800 | 1.4M | 2.7M |
| Depreciation Amortization Depletion Income Statement | 383,311 | 1.4M | 3.1M | 3.1M |
| Depreciation Income Statement | 56,271 | 704,511 | 1.7M | 413,526 |
| Diluted NI Availto Com Stockholders | -3.7M | 916,045 | -33.4M | -29.3M |
| Gain On Sale Of Business | 0.00 | 33.8M | 0.00 | -- |
| Gain On Sale Of Ppe | -- | -2.4M | -13,845 | -- |
| Impairment Of Capital Assets | -- | 0.00 | 2.1M | 67,803 |
| Insurance And Claims | 418,023 | 399,116 | 386,372 | 394,134 |
| Net Income Continuous Operations | -15.4M | 14.6M | -33.4M | -29.3M |
| Net Income Discontinuous Operations | -2.7M | -13.7M | -- | -- |
| Net Income From Tax Loss Carryforward | 14.4M | 0.00 | -- | -- |
| Net Non Operating Interest Income Expense | -2.0M | -255,791 | -1.4M | -773,179 |
| Other Gand A | 5.5M | 2.4M | 4.4M | 5.6M |
| Other Special Charges | 6,562 | 10.0M | -729,158 | -42,300 |
| Provision For Doubtful Accounts | 115,207 | 726,112 | 0.00 | -- |
| Reconciled Cost Of Revenue | 230,634 | 14.4M | 56.0M | 25.5M |
| Rent And Landing Fees | 646,541 | 560,782 | 895,802 | 695,670 |
| Rent Expense Supplemental | 646,541 | 560,782 | 895,802 | 695,670 |
| Salaries And Wages | 1.3M | 3.6M | 15.1M | 13.4M |
| Selling And Marketing Expense | 128,068 | 39,527 | 410,712 | 1.1M |
| Total Expenses | 10.6M | 24.8M | 85.6M | 50.6M |
| Total Operating Income As Reported | -9.0M | -9.9M | -32.3M | -29.3M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 66,236 | 146,169 | 2.1M | 2.2M |
| Cash Cash Equivalents And Short Term Investments | 66,236 | 146,169 | 2.1M | 2.2M |
| Accounts Receivable | 211,541 | 289,534 | 381,301 | 670,255 |
| Receivables | 759,273 | 339,514 | 666,679 | 1.9M |
| Inventory | -- | 0.00 | 2.9M | 5.4M |
| Prepaid Assets | 28,980 | 0.00 | 351,324 | 363,914 |
| Current Assets | 854,489 | 485,683 | 6.0M | 9.9M |
| Gross PPE | 529,470 | 661,788 | 20.1M | 10.3M |
| Accumulated Depreciation | -119,580 | -108,006 | -192,791 | -54,116 |
| Net PPE | 409,890 | 553,782 | 19.9M | 10.3M |
| Goodwill | -- | 0.00 | 1.1M | 1.9M |
| Goodwill And Other Intangible Assets | 269,270 | 315,421 | 3.1M | 6.5M |
| Other Intangible Assets | 269,270 | 315,421 | 2.1M | 4.5M |
| Investments And Advances | 19.2M | 24.2M | 1.4M | 1.4M |
| Long Term Equity Investment | -- | 23.7M | 0.00 | 0.00 |
| Other Investments | -- | -- | -- | 0.00 |
| Other Non Current Assets | 45,168 | 61,968 | 630,418 | 221,202 |
| Total Non Current Assets | 20.0M | 25.2M | 26.0M | 19.6M |
| Total Assets | 20.8M | 25.7M | 32.0M | 29.5M |
| Current Debt | 3.7M | -- | 110,000 | -- |
| Current Debt And Capital Lease Obligation | 4.0M | 3.5M | 3.7M | 2.4M |
| Accounts Payable | 4.6M | 4.2M | 8.1M | 5.5M |
| Payables | 8.7M | 5.1M | 9.0M | 6.5M |
| Payables And Accrued Expenses | 13.0M | 9.9M | 10.1M | 7.3M |
| Current Accrued Expenses | 4.3M | 4.8M | 1.1M | 856,457 |
| Current Deferred Revenue | 128,715 | 501,332 | 771,205 | 868,591 |
| Other Current Liabilities | 276,857 | -- | -- | -- |
| Current Liabilities | 17.4M | 13.9M | 14.6M | 10.6M |
| Long Term Debt | 160,000 | 160,000 | -- | 98,591 |
| Long Term Debt And Capital Lease Obligation | 2.3M | 9.7M | 17.0M | 8.8M |
| Long Term Capital Lease Obligation | 2.1M | 9.5M | 17.0M | 8.7M |
| Total Non Current Liabilities Net Minority Interest | 2.3M | 9.7M | 17.0M | 8.8M |
| Total Liabilities Net Minority Interest | 19.6M | 23.6M | 31.6M | 19.4M |
| Common Stock | 79.0M | 75.9M | 75.9M | 62.7M |
| Capital Stock | 79.0M | 75.9M | 75.9M | 62.7M |
| Additional Paid In Capital | 14.9M | 15.4M | 14.7M | 4.2M |
| Retained Earnings | -92.9M | -89.1M | -90.0M | -56.6M |
| Gains Losses Not Affecting Retained Earnings | 144,247 | -51,737 | -161,372 | -106,931 |
| Other Equity Adjustments | 144,247 | -51,737 | -161,372 | -106,931 |
| Common Stock Equity | 1.2M | 2.2M | 460,181 | 10.1M |
| Stockholders Equity | 1.2M | 2.2M | 460,181 | 10.1M |
| Total Equity Gross Minority Interest | 1.2M | 2.2M | 460,181 | 10.1M |
| Total Capitalization | 1.4M | 2.3M | 460,181 | 10.2M |
| Net Tangible Assets | 927,698 | 1.8M | -2.7M | 3.7M |
| Tangible Book Value | 927,698 | 1.8M | -2.7M | 3.7M |
| Working Capital | -16.5M | -13.4M | -8.5M | -660,526 |
| Invested Capital | 5.0M | 2.3M | 570,181 | 10.2M |
| Total Debt | 6.2M | 13.2M | 20.7M | 11.2M |
| Net Debt | 3.8M | 13,831 | -- | -- |
| Share Issued | 138.7M | 132.9M | 132.9M | 95.7M |
| Ordinary Shares Number | 138.7M | 132.9M | 132.9M | 95.7M |
| Buildings And Improvements | 0.00 | 0.00 | 3.9M | 3.1M |
| Capital Lease Obligations | 2.4M | 13.0M | 20.6M | 11.1M |
| Current Capital Lease Obligation | 282,485 | 3.5M | 3.6M | 2.4M |
| Current Deferred Liabilities | 128,715 | 501,332 | 771,205 | 868,591 |
| Dueto Related Parties Current | 2.8M | 432,802 | 713,306 | 887,856 |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | 19.2M | 24.2M | 1.4M | 1.4M |
| Finished Goods | -- | 82,625 | 5.2M | 4.6M |
| Income Tax Payable | 190,722 | 121,295 | 157,486 | 85,677 |
| Inventories Adjustments Allowances | -- | -82,625 | -2.2M | -321,842 |
| Investmentin Financial Assets | 19.2M | 24.2M | 1.4M | 1.4M |
| Investmentsin Associatesat Cost | -- | 23.7M | 0.00 | -- |
| Investmentsin Subsidiariesat Cost | -- | -- | -- | 0.00 |
| Machinery Furniture Equipment | 529,470 | 661,788 | 15.6M | 6.9M |
| Non Current Deferred Assets | 0.00 | 125,129 | 58,569 | 46,900 |
| Non Current Deferred Liabilities | -- | -- | -- | 0.00 |
| Non Current Deferred Taxes Assets | 0.00 | 125,129 | 58,569 | 46,900 |
| Non Current Deferred Taxes Liabilities | -- | -- | -- | 0.00 |
| Non Current Note Receivables | -- | -- | -- | 0.00 |
| Non Current Prepaid Assets | -- | 0.00 | 909,935 | 1.2M |
| Other Current Borrowings | 3.7M | -- | 110,000 | -- |
| Other Payable | 300,000 | 300,000 | -- | -- |
| Other Properties | -- | -- | 609,451 | 249,968 |
| Other Receivables | -- | 49,980 | -- | 743,336 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Taxes Receivable | 547,732 | 0.00 | 285,378 | 501,757 |
| Total Tax Payable | 1.0M | 121,295 | 157,486 | 85,677 |
| Work In Process | -- | -- | 0.00 | 1.1M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -3.1M | -7.5M | -17.4M | -19.9M |
| Cash Flow From Continuing Operating Activities | -3.1M | -7.5M | -16.8M | -19.9M |
| Depreciation And Amortization | 388,768 | 1.4M | 6.1M | 5.1M |
| Depreciation Amortization Depletion | 388,768 | 1.4M | 6.1M | 5.1M |
| Stock Based Compensation | 703,001 | 666,396 | 1.8M | 2.7M |
| Deferred Tax | 125,129 | -66,560 | -6,079 | -294,623 |
| Deferred Income Tax | 125,129 | -66,560 | -6,079 | -294,623 |
| Change In Working Capital | 7.1M | 4.0M | 4.8M | -1.6M |
| Changes In Account Receivables | -- | -1.3M | 1.3M | -141,043 |
| Change In Receivables | -534,967 | -1.3M | 1.3M | -177,536 |
| Change In Inventory | 0.00 | -562,556 | 264,930 | -5.3M |
| Change In Payables And Accrued Expense | 6.5M | 5.7M | 2.7M | 3.5M |
| Change In Payable | 6.5M | 5.7M | -- | -- |
| Change In Other Working Capital | 89,639 | -269,872 | 302,750 | 313,477 |
| Change In Other Current Liabilities | 1.1M | 0.00 | -- | -- |
| Other Non Cash Items | 2.9M | -32.3M | -425,150 | -21,126 |
| Capital Expenditure | -620,046 | -26,900 | -4.5M | -1.3M |
| Purchase Of PPE | -454,638 | -26,900 | -4.5M | -1.3M |
| Net PPE Purchase And Sale | -454,638 | 118,937 | -645,658 | -430,405 |
| Purchase Of Business | -- | -- | -- | 0.00 |
| Sale Of Business | 750,000 | 0.00 | -- | 0.00 |
| Investing Cash Flow | 129,954 | 6.7M | -738,439 | -446,905 |
| Cash Flow From Continuing Investing Activities | 129,954 | 6.7M | -738,439 | -446,905 |
| Issuance Of Debt | 3.1M | 0.00 | 0.00 | 20,000 |
| Repayment Of Debt | 0.00 | -1.1M | -3.9M | -1.4M |
| Net Issuance Payments Of Debt | 3.1M | -1.1M | -3.9M | -1.4M |
| Issuance Of Capital Stock | -- | 0.00 | 22.2M | 20.5M |
| Net Common Stock Issuance | -- | 0.00 | 22.2M | 20.5M |
| Financing Cash Flow | 2.8M | -1.1M | 18.0M | 18.9M |
| Cash Flow From Continuing Financing Activities | 2.8M | -1.1M | 18.0M | 18.9M |
| Effect Of Exchange Rate Changes | 0.00 | 20,995 | -57,238 | -6,025 |
| Changes In Cash | -79,933 | -1.9M | -108,396 | -1.5M |
| Beginning Cash Position | 146,169 | 2.1M | 2.2M | 3.7M |
| End Cash Position | 66,236 | 146,169 | 2.1M | 2.2M |
| Free Cash Flow | -3.7M | -7.5M | -21.9M | -21.2M |
| Income Tax Paid Supplemental Data | -- | 0.00 | 0.00 | -- |
| Interest Paid Supplemental Data | -- | 0.00 | 0.00 | -- |
| Asset Impairment Charge | -- | 0.00 | 2.1M | 67,803 |
| Cash Dividends Paid | 0.00 | 0.00 | -- | -- |
| Change In Account Payable | 6.4M | 5.8M | -- | -- |
| Change In Income Tax Payable | 69,427 | -36,191 | 0.00 | -- |
| Change In Prepaid Assets | -28,981 | 420,535 | 248,835 | 60,632 |
| Change In Tax Payable | 69,427 | -36,191 | 0.00 | -- |
| Common Stock Issuance | -- | 0.00 | 22.2M | 20.5M |
| Earnings Losses From Equity Investments | 3.8M | 5.7M | 0.00 | -- |
| Gain Loss On Investment Securities | 159,063 | -- | -- | -- |
| Gain Loss On Sale Of Business | -14.4M | 0.00 | -- | -- |
| Gain Loss On Sale Of PPE | 30,712 | 10.0M | -492,241 | 0.00 |
| Interest Paid Cff | -215,315 | 0.00 | -- | -- |
| Interest Received Cfi | -- | 0.00 | 315,719 | -- |
| Long Term Debt Issuance | 175,005 | 0.00 | 0.00 | 20,000 |
| Long Term Debt Payments | 0.00 | -1.1M | -3.9M | -1.4M |
| Net Business Purchase And Sale | 750,000 | 0.00 | -- | 0.00 |
| Net Foreign Currency Exchange Gain Loss | 223,636 | 9,904 | -84,511 | 28,038 |
| Net Income From Continuing Operations | -3.7M | 916,045 | -33.4M | -29.3M |
| Net Intangibles Purchase And Sale | -165,408 | 0.00 | -- | 0.00 |
| Net Long Term Debt Issuance | 175,005 | -1.1M | -3.9M | -1.4M |
| Net Other Financing Charges | -- | -- | -256,628 | -431,318 |
| Net Other Investing Changes | -- | 6.6M | -408,500 | -16,500 |
| Net Short Term Debt Issuance | 2.9M | 0.00 | -- | -- |
| Operating Gains Losses | -10.2M | 15.8M | -576,752 | 28,038 |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 183,502 |
| Provisionand Write Offof Assets | 115,207 | 1.2M | 2.2M | 0.00 |
| Purchase Of Intangibles | -165,408 | 0.00 | -- | 0.00 |
| Sale Of PPE | 0.00 | 145,837 | 3.8M | 883,205 |
| Short Term Debt Issuance | 2.9M | 0.00 | -- | -- |
| Unrealized Gain Loss On Investment Securities | -568,402 | 919,077 | 0.00 | 3.5M |