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 | 25.5M | 16.8M | 4.0M | 3.3M |
| Operating Revenue | 25.5M | 16.8M | 4.0M | 3.3M |
| Cost Of Revenue | 12.6M | 10.1M | 2.9M | 437,086 |
| Gross Profit | 12.9M | 6.7M | 1.1M | 2.8M |
| Selling General And Administration | 16.1M | 13.5M | 10.0M | 12.9M |
| General And Administrative Expense | 12.9M | 11.3M | 9.6M | 12.5M |
| Research And Development | 178,157 | 330,662 | 276,938 | 304,312 |
| Depreciation And Amortization In Income Statement | 853,737 | 777,288 | 887,332 | 893,987 |
| Other Operating Expenses | -- | -- | -- | 168,641 |
| Operating Expense | 17.6M | 15.0M | 11.5M | 14.2M |
| Operating Income | -4.7M | -8.4M | -10.4M | -11.4M |
| EBIT | -3.3M | -8.1M | -13.1M | -16.0M |
| Interest Expense | 333,647 | 610,256 | 1.7M | 738,056 |
| Interest Expense Non Operating | 333,647 | 610,256 | 1.7M | 738,056 |
| Net Interest Income | -333,647 | -610,256 | -1.7M | -738,056 |
| Other Income Expense | 1.4M | 246,888 | -2.7M | -4.6M |
| Other Non Operating Income Expenses | 924,766 | 215,642 | -168,607 | 580,292 |
| Special Income Charges | -665.00 | 2,812 | -2.6M | -4.1M |
| Gain On Sale Of Security | 472,007 | 28,434 | 157,455 | -1.1M |
| Pretax Income | -3.6M | -8.7M | -14.7M | -16.8M |
| Tax Provision | -- | -- | 0.00 | 13,767 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | -1.4M |
| Net Income From Continuing And Discontinued Operation | -3.6M | -8.7M | -14.7M | -16.8M |
| Net Income From Continuing Operation Net Minority Interest | -3.6M | -8.7M | -14.7M | -16.8M |
| Net Income Including Noncontrolling Interests | -3.6M | -8.7M | -14.7M | -16.8M |
| Net Income Common Stockholders | -3.6M | -8.7M | -14.7M | -16.8M |
| Net Income | -3.6M | -8.7M | -14.7M | -16.8M |
| EBITDA | -2.4M | -7.4M | -12.2M | -15.1M |
| Normalized EBITDA | -2.9M | -7.4M | -9.7M | -9.9M |
| Reconciled Depreciation | 853,737 | 777,288 | 887,332 | 893,987 |
| Basic EPS | -0.04 | -0.10 | -0.25 | -0.47 |
| Diluted EPS | -0.04 | -0.10 | -0.25 | -0.47 |
| Basic Average Shares | 100.0M | 84.7M | 59.2M | 41.3M |
| Diluted Average Shares | 100.0M | 84.7M | 59.2M | 41.3M |
| Total Unusual Items | 471,342 | 31,246 | -2.5M | -5.2M |
| Total Unusual Items Excluding Goodwill | 471,342 | 31,246 | -2.5M | -5.2M |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.27 |
| Normalized Income | -4.1M | -8.8M | -12.3M | -13.0M |
| Amortization | 317,531 | 193,806 | -- | -- |
| Amortization Of Intangibles Income Statement | 317,531 | 193,806 | -- | -- |
| Depreciation Amortization Depletion Income Statement | 853,737 | 777,288 | 887,332 | 893,987 |
| Depreciation Income Statement | 536,206 | 583,482 | -- | -- |
| Diluted NI Availto Com Stockholders | -3.6M | -8.7M | -14.7M | -16.8M |
| Gain On Sale Of Business | -- | 0.00 | -1.5M | 0.00 |
| Gain On Sale Of Ppe | -665.00 | 2,812 | 7,585 | 51,975 |
| Impairment Of Capital Assets | -- | 0.00 | 1.1M | 4.2M |
| Net Income Continuous Operations | -3.6M | -8.7M | -14.7M | -16.8M |
| Net Non Operating Interest Income Expense | -333,647 | -610,256 | -1.7M | -738,056 |
| Other Gand A | 5.5M | 5.1M | 4.4M | 6.3M |
| Provision For Doubtful Accounts | 481,879 | 429,554 | 375,553 | 168,641 |
| Reconciled Cost Of Revenue | 12.6M | 10.1M | 2.9M | 437,086 |
| Salaries And Wages | 7.3M | 6.3M | 5.2M | 6.2M |
| Selling And Marketing Expense | 3.2M | 2.2M | 380,082 | 345,908 |
| Total Expenses | 30.1M | 25.2M | 14.5M | 14.7M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 448,028 | 477,198 | 1.2M | 31,004 |
| Cash Cash Equivalents And Short Term Investments | 448,028 | 477,198 | 1.2M | 31,004 |
| Cash Financial | 448,028 | 477,198 | 1.2M | 31,004 |
| Other Short Term Investments | -- | -- | -- | 0.00 |
| Accounts Receivable | 3.0M | 2.9M | 2.1M | 1.1M |
| Receivables | 2.7M | 3.0M | 2.1M | 2.3M |
| Inventory | 4.0M | 4.5M | 3.2M | 4.1M |
| Prepaid Assets | 470,339 | 470,679 | 480,978 | 901,292 |
| Current Assets | 7.6M | 8.5M | 7.1M | 7.4M |
| Gross PPE | 14.0M | 14.3M | 11.9M | 16.3M |
| Accumulated Depreciation | -2.7M | -2.3M | -1.6M | -1.9M |
| Net PPE | 11.3M | 12.0M | 10.4M | 14.5M |
| Goodwill | 334,000 | 334,000 | 0.00 | -- |
| Goodwill And Other Intangible Assets | 1.2M | 1.5M | 167,628 | 299,195 |
| Other Intangible Assets | 868,921 | 1.2M | 167,628 | 299,195 |
| Investments And Advances | -- | -- | 0.00 | 180,000 |
| Long Term Equity Investment | -- | -- | 0.00 | 180,000 |
| Total Non Current Assets | 12.5M | 13.5M | 10.6M | 14.9M |
| Total Assets | 20.1M | 22.0M | 17.6M | 22.3M |
| Current Debt | -- | 1.6M | 2.7M | 1.1M |
| Current Debt And Capital Lease Obligation | 109,227 | 1.7M | 2.8M | 1.2M |
| Accounts Payable | 7.8M | 8.9M | 4.8M | 7.3M |
| Payables | 8.4M | 9.2M | 8.6M | 10.9M |
| Payables And Accrued Expenses | 8.4M | 9.2M | 8.6M | 10.9M |
| Current Deferred Revenue | 415,935 | 415,933 | -- | -- |
| Other Current Liabilities | 300,132 | 1.1M | 972.00 | -- |
| Current Liabilities | 9.3M | 12.4M | 11.4M | 12.2M |
| Long Term Debt | -- | -- | 179,551 | 415,826 |
| Long Term Debt And Capital Lease Obligation | 0.00 | 95,362 | 401,425 | 415,826 |
| Long Term Capital Lease Obligation | 0.00 | 95,362 | 221,874 | 0.00 |
| Total Non Current Liabilities Net Minority Interest | 1.1M | 1.6M | 2.8M | 3.2M |
| Total Liabilities Net Minority Interest | 10.4M | 14.0M | 14.2M | 15.4M |
| Common Stock | 87.0M | 81.0M | 74.9M | 66.2M |
| Capital Stock | 87.0M | 81.0M | 74.9M | 66.2M |
| Retained Earnings | -102.1M | -98.7M | -90.8M | -77.4M |
| Gains Losses Not Affecting Retained Earnings | -2.1M | -1.4M | -3.0M | -4.2M |
| Other Equity Adjustments | -2.1M | -1.4M | -3.0M | -4.2M |
| Common Stock Equity | 2.3M | -112,504 | -383,560 | 1.1M |
| Stockholders Equity | 2.3M | -112,504 | -383,560 | 1.1M |
| Total Equity Gross Minority Interest | 9.7M | 8.0M | 3.5M | 6.9M |
| Minority Interest | 7.4M | 8.1M | 3.8M | 5.8M |
| Total Capitalization | 2.3M | -112,504 | -204,009 | 1.6M |
| Net Tangible Assets | 1.1M | -1.6M | -551,188 | 846,992 |
| Tangible Book Value | 1.1M | -1.6M | -551,188 | 846,992 |
| Working Capital | -1.6M | -3.9M | -4.3M | -4.8M |
| Invested Capital | 2.3M | 1.4M | 2.5M | 2.7M |
| Total Debt | 109,227 | 1.8M | 3.2M | 1.7M |
| Net Debt | -- | 1.1M | 1.6M | 1.5M |
| Share Issued | 110.2M | 90.7M | 75.0M | 45.9M |
| Ordinary Shares Number | 110.2M | 90.7M | 75.0M | 45.9M |
| Buildings And Improvements | 1.5M | 1.6M | 1.3M | 2.2M |
| Capital Lease Obligations | 109,227 | 245,610 | 372,122 | 156,247 |
| Construction In Progress | 476,171 | 219,678 | 180,674 | 262,298 |
| Current Capital Lease Obligation | 109,227 | 150,248 | 150,248 | 156,247 |
| Current Deferred Liabilities | 415,935 | 415,933 | -- | -- |
| Dueto Related Parties Current | 672,305 | 317,487 | 3.8M | 3.7M |
| Financial Assets | -- | -- | -- | 0.00 |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | -- | -- | -- | 180,000 |
| Finished Goods | 2.1M | 2.5M | 565,346 | 604,886 |
| Income Tax Payable | -- | -- | -- | 0.00 |
| Investmentin Financial Assets | -- | -- | -- | 180,000 |
| Land And Improvements | 6.6M | 6.9M | 5.7M | 7.8M |
| Non Current Deferred Assets | -- | -- | -- | 0.00 |
| Non Current Deferred Liabilities | 1.1M | 1.5M | 2.4M | 2.8M |
| Non Current Deferred Revenue | 1.1M | 1.5M | 2.4M | 2.8M |
| Non Current Deferred Taxes Assets | -- | -- | -- | 0.00 |
| Other Current Borrowings | -- | 1.6M | 2.7M | 1.1M |
| Other Equity Interest | 19.5M | 19.0M | 18.5M | 16.5M |
| Other Inventories | 41,128 | 83,179 | 129,824 | 1.1M |
| Other Properties | 5.4M | 5.6M | 4.7M | 6.1M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 1.3M | 1.2M | 1.7M | 2.0M |
| Receivables Adjustments Allowances | -561,591 | -659,461 | -755,882 | -883,103 |
| Taxes Receivable | 357,857 | 690,777 | 783,634 | 2.1M |
| Total Tax Payable | -- | -- | -- | 0.00 |
| Work In Process | 541,182 | 801,027 | 835,282 | 370,442 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -2.5M | -1.4M | -7.4M | -11.7M |
| Cash Flow From Continuing Operating Activities | -2.5M | -1.4M | -7.4M | -11.7M |
| Depreciation And Amortization | 853,737 | 777,288 | 887,332 | 893,987 |
| Depreciation Amortization Depletion | 853,737 | 777,288 | 887,332 | 893,987 |
| Stock Based Compensation | 1.6M | 1.9M | 1.0M | 1.3M |
| Deferred Tax | -- | -- | 0.00 | 34,451 |
| Deferred Income Tax | -- | -- | 0.00 | 34,451 |
| Change In Working Capital | -790,391 | 4.4M | 1.4M | -2.4M |
| Changes In Account Receivables | -- | -- | 369,281 | -1.5M |
| Change In Receivables | -261,872 | -1.2M | 369,282 | -1.5M |
| Change In Inventory | 569,667 | 1.2M | 865,996 | -2.2M |
| Change In Payables And Accrued Expense | -1.1M | 4.4M | -239,428 | 788,521 |
| Change In Payable | -1.1M | 4.4M | -239,428 | 788,521 |
| Change In Other Working Capital | -- | -- | 1.00 | -- |
| Other Non Cash Items | -1.0M | -110,787 | 989,407 | -13,476 |
| Capital Expenditure | -402,574 | -557,560 | -66,780 | -789,231 |
| Purchase Of PPE | -402,574 | -44,622 | -50,718 | -769,166 |
| Net PPE Purchase And Sale | -402,574 | -26,659 | -23,148 | -469,107 |
| Purchase Of Business | 0.00 | -2.5M | 0.00 | -- |
| Sale Of Business | -- | 0.00 | 669,446 | 0.00 |
| Sale Of Investment | -- | 0.00 | 180,000 | 1.2M |
| Net Investment Purchase And Sale | -- | 0.00 | 180,000 | 1.2M |
| Investing Cash Flow | -402,574 | -3.0M | 810,236 | 760,828 |
| Cash Flow From Continuing Investing Activities | -402,574 | -3.0M | 810,236 | 760,828 |
| Issuance Of Debt | 0.00 | 1.4M | 1.5M | 2.4M |
| Repayment Of Debt | -1.8M | -2.0M | -1.4M | -1.4M |
| Net Issuance Payments Of Debt | -1.8M | -552,920 | 64,609 | 952,788 |
| Issuance Of Capital Stock | 4.8M | 2.1M | 9.1M | 9.1M |
| Net Common Stock Issuance | 4.8M | 2.1M | 9.1M | 9.1M |
| Financing Cash Flow | 3.4M | 3.6M | 9.9M | 10.1M |
| Cash Flow From Continuing Financing Activities | 3.4M | 3.6M | 9.9M | 10.1M |
| Effect Of Exchange Rate Changes | -486,918 | 180,120 | -2.1M | -393,547 |
| Changes In Cash | 457,748 | -896,962 | 3.3M | -842,181 |
| Beginning Cash Position | 477,198 | 1.2M | 31,004 | 1.3M |
| End Cash Position | 448,028 | 477,198 | 1.2M | 31,004 |
| Free Cash Flow | -2.9M | -2.0M | -7.5M | -12.5M |
| Amortization Cash Flow | 317,531 | 193,806 | 148,314 | -- |
| Amortization Of Intangibles | 317,531 | 193,806 | 148,314 | -- |
| Asset Impairment Charge | -- | 0.00 | 1.1M | 4.2M |
| Change In Account Payable | -1.1M | 4.4M | -239,428 | 809,205 |
| Change In Income Tax Payable | -- | -- | 0.00 | -20,684 |
| Change In Prepaid Assets | 340.00 | 10,299 | 434,264 | 420,294 |
| Change In Tax Payable | -- | -- | 0.00 | -20,684 |
| Common Stock Issuance | 4.8M | 2.1M | 9.1M | 9.1M |
| Depreciation | 536,206 | 583,482 | 739,018 | -- |
| Gain Loss On Investment Securities | -- | -56,785 | -66,925 | 1.0M |
| Gain Loss On Sale Of Business | -- | 0.00 | 1.5M | 0.00 |
| Gain Loss On Sale Of PPE | 665.00 | 0.00 | -7,585 | 0.00 |
| Long Term Debt Issuance | 0.00 | 1.4M | 0.00 | 2.4M |
| Long Term Debt Payments | -1.8M | -921,920 | -1.4M | -806,298 |
| Net Business Purchase And Sale | 0.00 | -2.5M | 669,446 | 0.00 |
| Net Income From Continuing Operations | -3.6M | -8.7M | -14.7M | -16.8M |
| Net Intangibles Purchase And Sale | 0.00 | -512,938 | -16,062 | -20,065 |
| Net Long Term Debt Issuance | -1.8M | 509,080 | -1.4M | 1.6M |
| Net Other Financing Charges | 312,469 | 770,395 | 760,795 | -68,120 |
| Net Short Term Debt Issuance | 0.00 | -1.1M | 1.5M | -600,000 |
| Operating Gains Losses | 665.00 | -56,785 | 1.5M | 1.0M |
| Proceeds From Stock Option Exercised | 124,800 | 1.3M | 0.00 | 84,656 |
| Provisionand Write Offof Assets | 481,879 | 429,554 | 375,553 | 168,641 |
| Purchase Of Intangibles | 0.00 | -512,938 | -16,062 | -20,065 |
| Sale Of PPE | 0.00 | 17,963 | 27,570 | 300,059 |
| Short Term Debt Issuance | -- | 0.00 | 1.5M | 0.00 |
| Short Term Debt Payments | 0.00 | -1.1M | 0.00 | -600,000 |