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 | 4.7M | 1.2M | 821,000 | 133,000 |
| Operating Revenue | 4.7M | 1.2M | 821,000 | 133,000 |
| Selling General And Administration | 3.8M | 6.0M | 9.1M | 8.6M |
| General And Administrative Expense | 3.8M | 6.0M | 9.1M | 7.8M |
| Research And Development | 5.1M | 6.8M | 7.5M | 11.5M |
| Depreciation And Amortization In Income Statement | 1.4M | 1.8M | 2.6M | 3.2M |
| Operating Expense | 10.8M | 14.6M | 19.2M | 23.3M |
| Operating Income | -6.1M | -13.5M | -18.4M | -23.2M |
| EBIT | -5.9M | -12.9M | -14.7M | -6.1M |
| Interest Expense | 263,000 | 142,000 | 26,000 | 27,000 |
| Interest Expense Non Operating | 263,000 | 142,000 | 26,000 | 27,000 |
| Interest Income | 68,000 | 267,000 | 300,000 | 414,000 |
| Interest Income Non Operating | 68,000 | 267,000 | 300,000 | 414,000 |
| Net Interest Income | -195,000 | 125,000 | 274,000 | 387,000 |
| Other Income Expense | 128,000 | 318,000 | 3.4M | 16.6M |
| Special Income Charges | 135,000 | 0.00 | -369,000 | -110,000 |
| Restructuring And Mergern Acquisition | -- | 0.00 | 384,000 | 0.00 |
| Write Off | -- | -- | 0.00 | 22,000 |
| Gain On Sale Of Security | -7,000 | 318,000 | 3.7M | 16.8M |
| Pretax Income | -6.2M | -13.0M | -14.8M | -6.1M |
| Tax Provision | 3,000 | -5,000 | 53,000 | 0.00 |
| Tax Effect Of Unusual Items | 19,200 | 121.99 | 881,966 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -6.2M | -13.0M | -14.8M | -6.1M |
| Net Income From Continuing Operation Net Minority Interest | -6.2M | -13.0M | -14.8M | -6.1M |
| Net Income Including Noncontrolling Interests | -6.2M | -13.0M | -14.8M | -6.1M |
| Net Income Common Stockholders | -6.2M | -13.0M | -14.8M | -6.1M |
| Net Income | -6.2M | -13.0M | -14.8M | -6.1M |
| EBITDA | -4.5M | -11.1M | -12.1M | -2.9M |
| Normalized EBITDA | -4.7M | -11.4M | -15.5M | -19.6M |
| Reconciled Depreciation | 1.4M | 1.8M | 2.6M | 3.2M |
| Basic EPS | -0.25 | -0.50 | -0.60 | -0.25 |
| Diluted EPS | -0.25 | -0.50 | -0.60 | -0.25 |
| Basic Average Shares | 26.9M | 24.8M | 24.7M | 24.0M |
| Diluted Average Shares | 26.9M | 24.8M | 24.7M | 24.0M |
| Total Unusual Items | 128,000 | 318,000 | 3.4M | 16.6M |
| Total Unusual Items Excluding Goodwill | 128,000 | 318,000 | 3.4M | 16.6M |
| Tax Rate For Calcs | 0.15 | 0.00 | 0.26 | 0.00 |
| Normalized Income | -6.3M | -13.3M | -17.3M | -22.8M |
| Depreciation Amortization Depletion Income Statement | 1.4M | 1.8M | 2.6M | 3.2M |
| Diluted NI Availto Com Stockholders | -6.2M | -13.0M | -14.8M | -6.1M |
| Gain On Sale Of Ppe | 135,000 | 0.00 | 15,000 | -88,000 |
| Impairment Of Capital Assets | -- | -- | -- | 0.00 |
| Net Income Continuous Operations | -6.2M | -13.0M | -14.8M | -6.1M |
| Net Non Operating Interest Income Expense | -195,000 | 125,000 | 274,000 | 387,000 |
| Other Gand A | 1.9M | 3.2M | 5.1M | 3.6M |
| Other Taxes | 538,000 | 0.00 | -- | -- |
| Salaries And Wages | 1.9M | 2.8M | 4.0M | 4.2M |
| Selling And Marketing Expense | -- | -- | 808,000 | 817,000 |
| Total Expenses | 10.8M | 14.6M | 19.2M | 23.3M |
| Total Operating Income As Reported | -6.0M | -13.2M | -18.4M | -23.3M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 333,000 | 3.1M | 11.0M | 30.1M |
| Cash Cash Equivalents And Short Term Investments | 353,000 | 3.2M | 15.0M | 30.1M |
| Other Short Term Investments | 20,000 | 20,000 | 4.0M | 0.00 |
| Accounts Receivable | 39,000 | 166,000 | 282,000 | 41,000 |
| Receivables | 39,000 | 166,000 | 282,000 | 89,000 |
| Inventory | 56,000 | 221,000 | 277,000 | 384,000 |
| Prepaid Assets | 209,000 | 619,000 | 643,000 | 679,000 |
| Current Assets | 657,000 | 4.2M | 16.2M | 31.3M |
| Gross PPE | 9.8M | 9.4M | 12.6M | 3.6M |
| Accumulated Depreciation | -8.1M | -7.0M | -10.7M | -7.7M |
| Net PPE | 1.7M | 2.4M | 1.9M | 3.6M |
| Other Non Current Assets | -- | -- | -- | 95,000 |
| Total Non Current Assets | 1.8M | 2.5M | 1.9M | 3.7M |
| Total Assets | 2.5M | 6.7M | 18.1M | 35.0M |
| Current Debt | -- | 82,000 | -- | -- |
| Current Debt And Capital Lease Obligation | 970,000 | 649,000 | 632,000 | 641,000 |
| Payables And Accrued Expenses | 648,000 | 635,000 | 1.1M | 757,000 |
| Current Deferred Revenue | 167,000 | 126,000 | 0.00 | 10,000 |
| Current Liabilities | 2.0M | 1.7M | 1.7M | 1.4M |
| Long Term Debt | 714,000 | 676,000 | -- | -- |
| Long Term Debt And Capital Lease Obligation | 1.0M | 1.5M | 32,000 | 161,000 |
| Long Term Capital Lease Obligation | 287,000 | 831,000 | 32,000 | 161,000 |
| Total Non Current Liabilities Net Minority Interest | 1.0M | 1.5M | 55,000 | 3.9M |
| Total Liabilities Net Minority Interest | 3.0M | 3.2M | 1.8M | 5.3M |
| Common Stock | 120.9M | 118.2M | 118.1M | 118.0M |
| Capital Stock | 120.9M | 118.2M | 118.1M | 118.0M |
| Additional Paid In Capital | 6.8M | 7.3M | 7.3M | 5.9M |
| Retained Earnings | -127.9M | -121.7M | -108.7M | -93.8M |
| Gains Losses Not Affecting Retained Earnings | -316,000 | -413,000 | -365,000 | -410,000 |
| Other Equity Adjustments | -316,000 | -413,000 | -365,000 | -- |
| Common Stock Equity | -505,000 | 3.4M | 16.4M | 29.7M |
| Stockholders Equity | -505,000 | 3.4M | 16.4M | 29.7M |
| Total Equity Gross Minority Interest | -505,000 | 3.4M | 16.4M | 29.7M |
| Total Capitalization | 209,000 | 4.1M | 16.4M | 29.7M |
| Net Tangible Assets | -505,000 | 3.4M | 16.4M | 29.7M |
| Tangible Book Value | -505,000 | 3.4M | 16.4M | 29.7M |
| Working Capital | -1.3M | 2.4M | 14.5M | 29.9M |
| Invested Capital | 209,000 | 4.1M | 16.4M | 29.7M |
| Total Debt | 2.0M | 2.2M | 664,000 | 802,000 |
| Net Debt | 381,000 | -- | -- | -- |
| Share Issued | 29.0M | 24.9M | 24.7M | 24.7M |
| Ordinary Shares Number | 29.0M | 24.9M | 24.7M | 24.7M |
| Capital Lease Obligations | 1.3M | 1.5M | 664,000 | 802,000 |
| Current Capital Lease Obligation | 970,000 | 649,000 | 632,000 | 641,000 |
| Current Deferred Liabilities | 375,000 | 446,000 | 0.00 | 10,000 |
| Derivative Product Liabilities | -- | 0.00 | 23,000 | 3.8M |
| Leases | 63,000 | 58,000 | 269,000 | 261,000 |
| Machinery Furniture Equipment | 317,000 | 298,000 | 409,000 | 397,000 |
| Non Current Prepaid Assets | 157,000 | 64,000 | 0.00 | -- |
| Other Current Borrowings | -- | 82,000 | -- | -- |
| Other Equity Interest | 44,000 | 44,000 | -- | -- |
| Other Properties | 9.4M | 9.1M | 11.9M | 3.6M |
| Other Receivables | -- | -- | 80,000 | 48,000 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -3.7M | -11.0M | -13.9M | -18.2M |
| Cash Flow From Continuing Operating Activities | -3.7M | -11.0M | -13.9M | -18.2M |
| Depreciation And Amortization | 1.4M | 1.8M | 2.6M | 3.2M |
| Depreciation Amortization Depletion | 1.4M | 1.8M | 2.6M | 3.2M |
| Stock Based Compensation | 297,000 | 420,000 | 1.5M | 1.7M |
| Deferred Tax | 0.00 | -15,000 | 0.00 | -- |
| Deferred Income Tax | 0.00 | -15,000 | 0.00 | -- |
| Change In Working Capital | 756,000 | -207,000 | 129,000 | -316,000 |
| Changes In Account Receivables | 127,000 | 116,000 | -- | -- |
| Change In Receivables | 127,000 | 116,000 | -- | -- |
| Change In Inventory | 165,000 | 56,000 | -- | -- |
| Change In Payables And Accrued Expense | 13,000 | -452,000 | -- | -- |
| Change In Other Working Capital | 41,000 | 49,000 | -- | -- |
| Other Non Cash Items | 162,000 | 20,000 | 473,000 | 27,000 |
| Capital Expenditure | -20,000 | -619,000 | -682,000 | -1.8M |
| Purchase Of PPE | -- | -- | -682,000 | -1.8M |
| Net PPE Purchase And Sale | 135,000 | 7,000 | 123,000 | 119,000 |
| Purchase Of Investment | -- | -- | -4.0M | 0.00 |
| Sale Of Investment | 0.00 | 4.0M | -- | -- |
| Net Investment Purchase And Sale | 0.00 | 4.0M | -4.0M | 0.00 |
| Investing Cash Flow | 78,000 | 3.5M | -4.6M | -1.7M |
| Cash Flow From Continuing Investing Activities | 78,000 | 3.5M | -4.6M | -1.7M |
| Issuance Of Debt | 0.00 | 800,000 | 0.00 | -- |
| Repayment Of Debt | -860,000 | -1.0M | -723,000 | -637,000 |
| Net Issuance Payments Of Debt | -860,000 | -212,000 | -723,000 | -637,000 |
| Issuance Of Capital Stock | 1.9M | 0.00 | 0.00 | 26.7M |
| Net Common Stock Issuance | 1.9M | 0.00 | 0.00 | 26.7M |
| Financing Cash Flow | 786,000 | -254,000 | -723,000 | 34.1M |
| Cash Flow From Continuing Financing Activities | 786,000 | -254,000 | -723,000 | 34.1M |
| Effect Of Exchange Rate Changes | 47,000 | -89,000 | 26,000 | -1,000 |
| Changes In Cash | -2.9M | -7.8M | -19.1M | 14.2M |
| Beginning Cash Position | 3.1M | 11.0M | 30.1M | 15.9M |
| End Cash Position | 333,000 | 3.1M | 11.0M | 30.1M |
| Free Cash Flow | -3.7M | -11.6M | -14.5M | -20.0M |
| Income Tax Paid Supplemental Data | 267,000 | 10,000 | 53,000 | -- |
| Asset Impairment Charge | 0.00 | 19,000 | 0.00 | 22,000 |
| Capital Expenditure Reported | -20,000 | -619,000 | -682,000 | -1.8M |
| Change In Prepaid Assets | 410,000 | 24,000 | -- | -- |
| Common Stock Issuance | 1.9M | 0.00 | 0.00 | 26.7M |
| Depreciation | 1.4M | 1.8M | 2.6M | -- |
| Gain Loss On Investment Securities | -- | -23,000 | -3.7M | -16.8M |
| Gain Loss On Sale Of PPE | -135,000 | 0.00 | -15,000 | 88,000 |
| Long Term Debt Issuance | 0.00 | 800,000 | 0.00 | -- |
| Long Term Debt Payments | -860,000 | -1.0M | -723,000 | -637,000 |
| Net Income From Continuing Operations | -6.2M | -13.0M | -14.8M | -6.1M |
| Net Long Term Debt Issuance | -860,000 | -212,000 | -723,000 | -637,000 |
| Net Other Financing Charges | -266,000 | -42,000 | -- | -2,000 |
| Net Other Investing Changes | -37,000 | 77,000 | 26,000 | -27,000 |
| Operating Gains Losses | -135,000 | -4,000 | -3.8M | -16.7M |
| Proceeds From Stock Option Exercised | 2,000 | 0.00 | 0.00 | 8.0M |
| Sale Of PPE | 135,000 | 7,000 | 123,000 | 119,000 |