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 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Total Revenue | -1.3M | 21.1M | 19.9M | 15.2M | 24.6M | -- |
| Operating Revenue | 0.00 | 22.5M | 18.3M | 15.0M | 24.5M | -- |
| Cost Of Revenue | 0.00 | 16.6M | 16.1M | 12.3M | 18.8M | -- |
| Gross Profit | -1.3M | 4.5M | 3.7M | 2.9M | 5.8M | -- |
| Selling General And Administration | 1.3M | 2.2M | 1.2M | 1.4M | 1.6M | -- |
| General And Administrative Expense | 1.3M | 2.2M | 1.2M | 1.4M | 1.6M | -- |
| Operating Expense | 1.3M | 2.2M | 1.2M | 1.4M | 1.6M | -- |
| Operating Income | -2.6M | 2.3M | 2.5M | 1.6M | 4.2M | -- |
| EBIT | -2.6M | 2.8M | 1.8M | -23.8M | 4.5M | -- |
| Interest Expense | 1.0M | 768,117 | 756,112 | 717,083 | 696,670 | -- |
| Interest Expense Non Operating | 1.0M | 768,117 | 756,112 | 717,083 | 696,670 | -- |
| Net Interest Income | -1.0M | -768,117 | -756,112 | -717,083 | -696,670 | -- |
| Other Income Expense | 52,715 | 489,261 | -720,755 | -25.4M | 344,677 | -- |
| Gain On Sale Of Security | 52,715 | 489,261 | -720,755 | -838,089 | 344,677 | -- |
| Pretax Income | -3.6M | 2.0M | 1.0M | -24.5M | 3.8M | -- |
| Tax Provision | 545,247 | -681,238 | 1.9M | -5.5M | 2.7M | -- |
| Tax Effect Of Unusual Items | 7,907 | 73,389 | -108,113 | -186,807 | 51,702 | -- |
| Net Income From Continuing And Discontinued Operation | -3.7M | 2.5M | -692,330 | -17.3M | 1.1M | -- |
| Net Income From Continuing Operation Net Minority Interest | -3.7M | 2.5M | -692,330 | -17.3M | 1.1M | -- |
| Net Income Including Noncontrolling Interests | -4.1M | 2.7M | -844,316 | -19.0M | 1.2M | -- |
| Minority Interests | 397,214 | -231,717 | 151,986 | 1.7M | -52,008 | -- |
| Net Income Common Stockholders | -3.7M | 2.5M | -692,330 | -17.3M | 1.1M | -- |
| Net Income | -3.7M | 2.5M | -692,330 | -17.3M | 1.1M | -- |
| EBITDA | -2.6M | 5.3M | 4.4M | -21.2M | 8.4M | -- |
| Normalized EBITDA | -2.6M | 4.8M | 5.1M | -20.4M | 8.0M | -- |
| Reconciled Depreciation | 9,921 | 2.5M | 2.6M | 2.6M | 3.8M | -- |
| Basic EPS | -0.02 | 0.02 | -0.01 | -- | 0.01 | 0.00 |
| Diluted EPS | -0.02 | 0.02 | -0.01 | -- | 0.01 | 0.00 |
| Basic Average Shares | 164.7M | 121.3M | 125.6M | -- | 121.3M | 121.3M |
| Diluted Average Shares | 164.7M | 121.3M | 125.6M | -- | 121.3M | 121.3M |
| Total Unusual Items | 52,715 | 489,261 | -720,755 | -838,089 | 344,677 | -- |
| Total Unusual Items Excluding Goodwill | 52,715 | 489,261 | -720,755 | -838,089 | 344,677 | -- |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.15 | 0.22 | 0.15 | -- |
| Normalized Income | -3.8M | 2.1M | -79,688 | -16.6M | 811,202 | -- |
| Diluted NI Availto Com Stockholders | -3.7M | 2.5M | -692,330 | -17.3M | 1.1M | -- |
| Net Income Continuous Operations | -4.1M | 2.7M | -844,316 | -19.0M | 1.2M | -- |
| Net Non Operating Interest Income Expense | -1.0M | -768,117 | -756,112 | -717,083 | -696,670 | -- |
| Other Gand A | 1.1M | 2.0M | 1.2M | 1.3M | 1.5M | -- |
| Reconciled Cost Of Revenue | 0.00 | 16.6M | 16.1M | 12.3M | 18.8M | -- |
| Salaries And Wages | 248,403 | 127,323 | 8,655 | 20,287 | 87,564 | -- |
| Total Expenses | 1.3M | 18.8M | 17.3M | 13.6M | 20.4M | -- |
| Total Operating Income As Reported | -2.6M | 2.3M | 2.5M | 1.6M | 4.2M | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 4.9M | 7.3M | 2.4M | 3.1M | 5.8M | -- |
| Cash Cash Equivalents And Short Term Investments | 4.9M | 7.3M | 2.4M | 3.1M | 5.8M | -- |
| Cash Financial | 4.9M | 7.3M | 2.4M | 3.1M | 5.8M | -- |
| Accounts Receivable | 986,491 | 4.8M | 11.2M | 5.2M | 3.2M | -- |
| Receivables | 8.3M | 9.1M | 13.5M | 8.6M | 7.5M | -- |
| Inventory | 18.4M | 5.2M | 9.9M | 12.0M | 11.9M | -- |
| Prepaid Assets | 212,012 | 553,189 | 276,706 | 292,753 | -- | -- |
| Other Current Assets | -- | -- | -- | -- | 421,232 | 1.7M |
| Current Assets | 31.9M | 22.2M | 26.2M | 23.9M | 25.7M | -- |
| Gross PPE | 198.2M | 194.9M | 195.1M | 193.1M | 189.7M | -- |
| Accumulated Depreciation | -120.8M | -118.9M | -119.6M | -117.8M | -115.1M | -- |
| Net PPE | 77.4M | 75.9M | 75.5M | 75.4M | 74.6M | -- |
| Other Non Current Assets | -- | -- | -- | -- | 10.1M | -- |
| Total Non Current Assets | 77.4M | 75.9M | 75.5M | 75.4M | 84.7M | -- |
| Total Assets | 109.2M | 98.2M | 101.7M | 99.3M | 110.4M | -- |
| Current Debt | 6.6M | 13.5M | 16.0M | 14.9M | 6.0M | -- |
| Current Debt And Capital Lease Obligation | 13.4M | 16.7M | 19.9M | 18.5M | 8.7M | -- |
| Accounts Payable | 9.9M | 8.1M | 7.1M | 7.0M | 6.0M | -- |
| Payables | 9.9M | 8.1M | 7.3M | 12.7M | 6.0M | -- |
| Payables And Accrued Expenses | 12.9M | 11.5M | 10.2M | 15.1M | 10.0M | -- |
| Current Accrued Expenses | 3.0M | 3.4M | 2.8M | 2.4M | 4.0M | -- |
| Current Deferred Revenue | 10.5M | -- | -- | -- | -- | -- |
| Other Current Liabilities | 7.4M | 6.7M | 5.1M | 129,061 | -- | 1.8M |
| Current Liabilities | 45.4M | 36.0M | 36.2M | 35.2M | 18.8M | -- |
| Long Term Debt | 6.0M | 6.0M | 6.1M | 7.0M | 14.1M | -- |
| Long Term Debt And Capital Lease Obligation | 6.9M | 6.5M | 6.8M | 7.9M | 15.1M | -- |
| Long Term Capital Lease Obligation | 854,889 | 549,192 | 707,964 | 845,266 | 915,231 | -- |
| Other Non Current Liabilities | 4.8M | 4.7M | 8.9M | 78,947 | -- | 63,925 |
| Total Non Current Liabilities Net Minority Interest | 20.1M | 18.8M | 24.8M | 22.6M | 31.0M | -- |
| Total Liabilities Net Minority Interest | 65.4M | 54.8M | 61.0M | 57.8M | 49.8M | -- |
| Common Stock | 46.4M | 43.7M | 43.7M | 43.7M | 43.7M | -- |
| Capital Stock | 46.4M | 43.7M | 43.7M | 43.7M | 43.7M | -- |
| Retained Earnings | -11.0M | -7.3M | -9.8M | -9.1M | 8.2M | -- |
| Gains Losses Not Affecting Retained Earnings | 7.8M | 6.0M | 6.0M | 5.9M | 5.9M | -- |
| Common Stock Equity | 43.2M | 42.4M | 39.9M | 40.5M | 57.8M | -- |
| Stockholders Equity | 43.2M | 42.4M | 39.9M | 40.5M | 57.8M | -- |
| Total Equity Gross Minority Interest | 43.8M | 43.4M | 40.6M | 41.4M | 60.6M | -- |
| Minority Interest | 581,262 | 978,476 | 746,759 | 898,745 | 2.8M | -- |
| Total Capitalization | 49.2M | 48.4M | 46.0M | 47.6M | 71.9M | -- |
| Net Tangible Assets | 43.2M | 42.4M | 39.9M | 40.5M | 57.8M | -- |
| Tangible Book Value | 43.2M | 42.4M | 39.9M | 40.5M | 57.8M | -- |
| Working Capital | -13.5M | -13.7M | -10.1M | -11.3M | 6.9M | -- |
| Invested Capital | 55.7M | 61.9M | 62.0M | 62.5M | 77.9M | -- |
| Total Debt | 20.2M | 23.2M | 26.7M | 26.4M | 23.8M | -- |
| Net Debt | 7.7M | 12.1M | 19.7M | 18.9M | 14.3M | -- |
| Share Issued | 180.5M | 125.6M | 125.6M | 125.6M | 125.6M | -- |
| Ordinary Shares Number | 180.5M | 125.6M | 125.6M | 125.6M | 125.6M | -- |
| Capital Lease Obligations | 1.4M | 1.1M | 1.4M | 1.5M | 1.7M | -- |
| Current Capital Lease Obligation | 588,819 | 526,152 | 653,092 | 662,355 | 749,785 | -- |
| Current Deferred Liabilities | 10.5M | -- | -- | -- | -- | -- |
| Current Provisions | 1.1M | 1.1M | 1.1M | 1.5M | 89,299 | -- |
| Dueto Related Parties Current | -- | -- | -- | 0.00 | 0.00 | 132,715 |
| Finished Goods | 14.7M | 1.8M | 5.6M | 9.1M | 8.6M | -- |
| Hedging Assets Current | 0.00 | 0.00 | 85,231 | 27,832 | -- | -- |
| Line Of Credit | -- | 6.9M | 9.6M | 8.7M | 6.0M | 19.2M |
| Long Term Provisions | 2.3M | 2.2M | 2.2M | 1.8M | 2.6M | -- |
| Machinery Furniture Equipment | 46.1M | 45.7M | 45.7M | 45.4M | 45.0M | -- |
| Non Current Deferred Liabilities | 6.1M | 5.3M | 6.9M | 4.4M | 13.3M | -- |
| Non Current Deferred Taxes Liabilities | 6.1M | 5.3M | 6.9M | 4.4M | 13.3M | -- |
| Other Current Borrowings | 6.6M | 6.5M | 6.4M | 6.2M | -- | -- |
| Other Payable | -- | -- | -- | 4.7M | -- | -- |
| Other Properties | 3.6M | 3.2M | 5.8M | 5.7M | 5.7M | -- |
| Other Receivables | 60,263 | 154,892 | 73,550 | 96,882 | 92,562 | -- |
| Raw Materials | 3.7M | 3.4M | 4.3M | 2.9M | 3.3M | -- |
| Taxes Receivable | 7.3M | 4.1M | 2.2M | 3.3M | 4.2M | -- |
| Total Tax Payable | 0.00 | 0.00 | 189,077 | 1.0M | -- | -- |
| Tradeand Other Payables Non Current | -- | -- | -- | 8.5M | -- | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | 46,867 | 14.3M | 1.5M | 86,355 | 8.9M | -- |
| Cash Flow From Continuing Operating Activities | 46,867 | 14.3M | 1.5M | 86,355 | 8.9M | -- |
| Depreciation Amortization Depletion | 9,921 | 2.5M | 2.6M | 2.6M | 3.8M | -- |
| Stock Based Compensation | 248,403 | 127,323 | 8,655 | 20,287 | 87,564 | -- |
| Deferred Tax | 707,394 | -1.5M | 2.6M | -8.9M | 2.3M | -- |
| Deferred Income Tax | 707,394 | -1.5M | 2.6M | -8.9M | 2.3M | -- |
| Change In Working Capital | 1.8M | 9.3M | -3.8M | -435,753 | 801,655 | -- |
| Change In Receivables | 745,324 | -- | -4.9M | -1.0M | -2.4M | 6.4M |
| Change In Inventory | -11.0M | -- | 1.3M | -43,294 | 3.0M | -2.8M |
| Change In Payables And Accrued Expense | 1.2M | -- | -293,725 | 524,850 | -786,808 | -771,847 |
| Change In Other Working Capital | 10.5M | -- | -- | -- | -- | -- |
| Other Non Cash Items | 857,468 | 730,759 | 694,869 | 25.2M | 692,690 | -- |
| Capital Expenditure | -2.9M | -2.4M | -1.9M | -706,352 | -2.1M | -- |
| Purchase Of PPE | -395,422 | -24,315 | -232,074 | 1.6M | -278,172 | -- |
| Net PPE Purchase And Sale | -395,422 | -24,315 | -232,074 | 1.6M | -278,172 | -- |
| Purchase Of Business | 0.00 | -- | -- | 0.00 | -1.0M | -- |
| Purchase Of Investment | 0.00 | -- | -- | -110,976 | -511,809 | -795,677 |
| Net Investment Purchase And Sale | 0.00 | -- | -- | -110,976 | -511,809 | -795,677 |
| Investing Cash Flow | -3.0M | -5.4M | -1.7M | -4.6M | -3.7M | -- |
| Cash Flow From Continuing Investing Activities | -3.0M | -5.4M | -1.7M | -4.6M | -3.7M | -- |
| Issuance Of Debt | 4.0M | 2.1M | 3.5M | 5.0M | 1.5M | -- |
| Repayment Of Debt | -7.4M | -5.9M | -3.4M | -2.6M | -4.9M | -- |
| Net Issuance Payments Of Debt | -3.4M | -3.8M | 69,596 | 2.4M | -3.4M | -- |
| Issuance Of Capital Stock | 4.8M | -- | -- | -- | 0.00 | -- |
| Net Common Stock Issuance | 4.8M | -- | -- | -- | 0.00 | -- |
| Financing Cash Flow | 469,659 | -4.0M | -351,809 | 1.7M | -4.4M | -- |
| Cash Flow From Continuing Financing Activities | 469,659 | -4.0M | -351,809 | 1.7M | -4.4M | -- |
| Effect Of Exchange Rate Changes | -14,750 | 33,529 | -16,369 | -210.00 | 26,269 | -- |
| Changes In Cash | -2.4M | 4.9M | -600,711 | -2.8M | 753,043 | -- |
| Beginning Cash Position | 7.3M | 2.4M | 3.1M | 5.8M | 5.1M | -- |
| End Cash Position | 4.9M | 7.3M | 2.4M | 3.1M | 5.8M | -- |
| Free Cash Flow | -2.9M | 11.9M | -432,513 | -619,997 | 6.8M | -- |
| Capital Expenditure Reported | -2.5M | -2.3M | -1.7M | -2.3M | -1.8M | -- |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Change In Prepaid Assets | 341,177 | -- | 43,867 | 102,861 | 1.0M | -602,469 |
| Common Stock Issuance | 4.8M | -- | -- | -- | 0.00 | -- |
| Gain Loss On Investment Securities | -- | 20,353 | -299,753 | 259,658 | 60,519 | 503,415 |
| Interest Paid Cff | -619,365 | -252,433 | -421,405 | -501,032 | -648,728 | -- |
| Long Term Debt Issuance | 4.0M | 2.1M | 3.5M | 5.0M | 1.5M | -- |
| Long Term Debt Payments | -7.4M | -5.9M | -3.4M | -2.6M | -4.9M | -- |
| Net Business Purchase And Sale | 0.00 | -- | -- | 0.00 | -1.0M | -- |
| Net Foreign Currency Exchange Gain Loss | 512,774 | 373,129 | 563,834 | 409,260 | -25,178 | -- |
| Net Income From Continuing Operations | -4.1M | 2.7M | -844,316 | -19.0M | 1.2M | -- |
| Net Long Term Debt Issuance | -3.4M | -3.8M | 69,596 | 2.4M | -3.4M | -- |
| Net Other Financing Charges | -284,412 | -- | -- | -168,729 | -448,207 | -77,080 |
| Net Other Investing Changes | -42,756 | -3.0M | 183,611 | -3.7M | -133,225 | -- |
| Operating Gains Losses | 512,774 | 393,482 | 264,081 | 668,918 | 35,341 | -- |
| Proceeds From Stock Option Exercised | 25,817 | -- | -- | -- | 0.00 | -- |