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 | 81.6M | 50.6M | 28.1M | 7.2M |
| Operating Revenue | 81.6M | 50.6M | 28.1M | 7.2M |
| Cost Of Revenue | 25.4M | 18.1M | 8.7M | 2.3M |
| Gross Profit | 56.2M | 32.5M | 19.4M | 4.9M |
| Selling General And Administration | 14.4M | 10.5M | 7.3M | 4.8M |
| General And Administrative Expense | 14.4M | 10.5M | 7.3M | 4.8M |
| Other Operating Expenses | 12.2M | 8.2M | 5.5M | 3.1M |
| Operating Expense | 26.5M | 18.8M | 12.8M | 7.9M |
| Operating Income | 29.6M | 13.7M | 6.6M | -3.0M |
| EBIT | 29.3M | 3.2M | 8.9M | 5.2M |
| Interest Expense | 31,846 | 141,117 | 460,233 | 797,943 |
| Interest Expense Non Operating | 31,846 | 141,117 | 460,233 | 797,943 |
| Net Interest Income | -362,296 | -565,544 | -791,030 | -844,160 |
| Other Income Expense | -27,528 | -10.1M | 2.6M | 8.2M |
| Other Non Operating Income Expenses | -- | -106,751 | 163,266 | 2.0M |
| Special Income Charges | 662,753 | -11.8M | 9.0M | 5.6M |
| Gain On Sale Of Security | -690,281 | 1.7M | -6.6M | 552,431 |
| Pretax Income | 29.2M | 3.0M | 8.4M | 4.4M |
| Tax Provision | 16.1M | 4.1M | 8.1M | -1.3M |
| Tax Effect Of Unusual Items | -4,129 | -4.0M | 643,703 | 1.6M |
| Net Income From Continuing And Discontinued Operation | 13.2M | -1.1M | 346,524 | 5.7M |
| Net Income From Continuing Operation Net Minority Interest | 13.2M | -1.1M | 346,524 | 5.7M |
| Net Income Including Noncontrolling Interests | 13.2M | -1.1M | 346,524 | 5.7M |
| Net Income Common Stockholders | 13.2M | -1.1M | 346,524 | 5.7M |
| Net Income | 13.2M | -1.1M | 346,524 | 5.7M |
| EBITDA | 46.8M | 15.4M | 14.4M | 6.8M |
| Normalized EBITDA | 46.8M | 25.5M | 12.0M | 625,395 |
| Reconciled Depreciation | 17.5M | 12.2M | 5.5M | 1.6M |
| Basic EPS | 0.05 | 0.00 | 0.00 | 0.06 |
| Diluted EPS | 0.05 | 0.00 | 0.00 | 0.06 |
| Basic Average Shares | 285.9M | 242.5M | 215.5M | 94.6M |
| Diluted Average Shares | 291.2M | 289.9M | 279.3M | 96.2M |
| Total Unusual Items | -27,528 | -10.1M | 2.5M | 6.2M |
| Total Unusual Items Excluding Goodwill | -27,528 | -10.1M | 2.5M | 6.2M |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.26 | 0.27 |
| Normalized Income | 13.2M | 5.0M | -1.5M | 1.2M |
| Diluted NI Availto Com Stockholders | 13.2M | -1.1M | 346,524 | 5.7M |
| Gain On Sale Of Ppe | -- | -- | -- | 0.00 |
| Impairment Of Capital Assets | -662,753 | 11.8M | -9.0M | -5.6M |
| Net Income Continuous Operations | 13.2M | -1.1M | 346,524 | 5.7M |
| Net Non Operating Interest Income Expense | -362,296 | -565,544 | -791,030 | -844,160 |
| Other Gand A | 12.9M | 9.9M | 6.7M | 4.9M |
| Other Special Charges | -- | -- | 171,328 | 583,972 |
| Reconciled Cost Of Revenue | 25.4M | 18.1M | 8.7M | 2.3M |
| Salaries And Wages | 1.5M | 591,454 | 582,405 | -84,668 |
| Total Expenses | 51.9M | 36.9M | 21.5M | 10.1M |
| Total Other Finance Cost | 330,450 | 424,427 | 330,797 | 46,217 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 18.8M | 12.1M | 13.1M | 10.9M |
| Cash Cash Equivalents And Short Term Investments | 18.8M | 12.1M | 13.1M | 10.9M |
| Cash Financial | 18.8M | 12.1M | 13.1M | 10.9M |
| Accounts Receivable | 1.9M | 2.2M | 847,432 | 252,141 |
| Receivables | 6.5M | 8.2M | 3.4M | 1.4M |
| Inventory | 177,400 | 492,332 | 705,677 | 247,063 |
| Prepaid Assets | 232,730 | 197,402 | 157,459 | 322,300 |
| Current Assets | 26.0M | 21.6M | 17.5M | 12.8M |
| Gross PPE | 109.3M | 75.7M | 47.5M | 39.6M |
| Accumulated Depreciation | -54.2M | -37.3M | -13.3M | -16.8M |
| Net PPE | 55.1M | 38.4M | 34.2M | 22.8M |
| Other Non Current Assets | 167,545 | 243,081 | 608,127 | 732,553 |
| Total Non Current Assets | 55.3M | 40.6M | 35.7M | 28.4M |
| Total Assets | 81.3M | 62.3M | 53.2M | 41.2M |
| Current Debt | -- | -- | 1.9M | 1.7M |
| Current Debt And Capital Lease Obligation | 44,639 | 103,674 | 1.9M | 1.7M |
| Accounts Payable | 8.5M | 9.7M | 5.9M | 3.1M |
| Payables | 12.8M | 12.9M | 7.3M | 3.1M |
| Payables And Accrued Expenses | 12.8M | 12.9M | 7.3M | 3.1M |
| Other Current Liabilities | 1.5M | -- | 9.5M | -- |
| Current Liabilities | 14.3M | 13.0M | 18.8M | 4.8M |
| Long Term Debt | -- | -- | -- | 1.7M |
| Long Term Debt And Capital Lease Obligation | 174,767 | 216,919 | 22,317 | 1.7M |
| Long Term Capital Lease Obligation | 174,767 | 216,919 | 22,317 | 34,434 |
| Other Non Current Liabilities | 610,059 | 345,528 | 80,484 | 177,500 |
| Total Non Current Liabilities Net Minority Interest | 13.9M | 7.8M | 8.5M | 12.4M |
| Total Liabilities Net Minority Interest | 28.3M | 20.8M | 27.3M | 17.2M |
| Common Stock | 73.8M | 73.8M | 57.8M | 56.7M |
| Capital Stock | 73.8M | 73.8M | 57.8M | 56.7M |
| Additional Paid In Capital | 856,093 | 2.2M | 1.6M | 1.2M |
| Retained Earnings | -20.8M | -33.9M | -32.8M | -33.2M |
| Gains Losses Not Affecting Retained Earnings | -898,001 | -536,322 | -645,372 | -803,736 |
| Other Equity Adjustments | -- | -- | -- | -803,736 |
| Common Stock Equity | 53.0M | 41.5M | 25.9M | 24.0M |
| Stockholders Equity | 53.0M | 41.5M | 25.9M | 24.0M |
| Total Equity Gross Minority Interest | 53.0M | 41.5M | 25.9M | 24.0M |
| Total Capitalization | 53.0M | 41.5M | 25.9M | 25.6M |
| Net Tangible Assets | 53.0M | 41.5M | 25.9M | 24.0M |
| Tangible Book Value | 53.0M | 41.5M | 25.9M | 24.0M |
| Working Capital | 11.6M | 8.7M | -1.3M | 8.0M |
| Invested Capital | 53.0M | 41.5M | 27.8M | 27.3M |
| Total Debt | 219,406 | 320,593 | 2.0M | 3.4M |
| Share Issued | 285.9M | 285.9M | 218.4M | 213.4M |
| Ordinary Shares Number | 285.9M | 285.9M | 218.4M | 213.4M |
| Capital Lease Obligations | 219,406 | 320,593 | 63,751 | 54,692 |
| Current Capital Lease Obligation | 44,639 | 103,674 | 41,434 | 20,258 |
| Current Notes Payable | -- | 0.00 | 1.9M | -- |
| Derivative Product Liabilities | -- | -- | 0.00 | 4.7M |
| Income Tax Payable | 4.3M | 3.1M | 1.5M | 0.00 |
| Long Term Provisions | 6.3M | 4.0M | 3.3M | 2.5M |
| Non Current Deferred Assets | 0.00 | 2.0M | 872,286 | 4.8M |
| Non Current Deferred Liabilities | 6.8M | 3.3M | 5.1M | 3.4M |
| Non Current Deferred Taxes Assets | 0.00 | 2.0M | 872,286 | 4.8M |
| Non Current Deferred Taxes Liabilities | 6.8M | 3.3M | 5.1M | 3.4M |
| Other Current Borrowings | -- | -- | 1.9M | 1.7M |
| Other Properties | 476,928 | 541,195 | 225,437 | 180,028 |
| Other Receivables | 1.9M | 1.3M | 1.7M | 387,441 |
| Pensionand Other Post Retirement Benefit Plans Current | 1.5M | 0.00 | -- | -- |
| Restricted Cash | 238,141 | 611,753 | 210,654 | 0.00 |
| Taxes Receivable | 2.7M | 4.7M | 801,177 | 719,049 |
| Total Tax Payable | 4.3M | 3.1M | 1.5M | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 39.5M | 16.5M | 12.0M | -4.5M |
| Cash Flow From Continuing Operating Activities | 39.5M | 16.5M | 12.0M | -4.5M |
| Depreciation Amortization Depletion | 17.5M | 12.2M | 5.5M | 1.6M |
| Stock Based Compensation | 259,099 | 591,454 | 327,694 | -272,427 |
| Deferred Tax | 5.6M | -3.0M | 5.7M | -1.5M |
| Deferred Income Tax | 5.6M | -3.0M | 5.7M | -1.5M |
| Change In Working Capital | 3.9M | -3.5M | 2.5M | -4.4M |
| Changes In Account Receivables | -293,278 | -1.0M | -1.9M | 1.8M |
| Change In Receivables | 1.7M | -4.9M | -2.0M | 2.8M |
| Change In Inventory | 314,932 | 213,345 | -458,613 | -217,759 |
| Change In Payables And Accrued Expense | 1.5M | 1.2M | 4.9M | -6.9M |
| Change In Payable | 1.5M | 1.2M | 4.9M | -6.9M |
| Change In Other Working Capital | 449,148 | -36,052 | -86,228 | 262,489 |
| Other Non Cash Items | 158,015 | 363,041 | 602,344 | 559,440 |
| Capital Expenditure | -31.1M | -27.1M | -7.7M | -1.7M |
| Purchase Of PPE | -31.1M | -27.1M | -7.7M | -1.7M |
| Net PPE Purchase And Sale | -31.1M | -27.1M | -7.7M | -1.7M |
| Investing Cash Flow | -32.7M | -22.6M | -8.4M | -4.0M |
| Cash Flow From Continuing Investing Activities | -32.7M | -22.6M | -8.4M | -4.0M |
| Issuance Of Debt | -- | -- | -- | 0.00 |
| Repayment Of Debt | -57,807 | -2.1M | -2.0M | -3.1M |
| Net Issuance Payments Of Debt | -57,807 | -2.1M | -2.0M | -3.1M |
| Issuance Of Capital Stock | 0.00 | 7.5M | 510,786 | 11.2M |
| Net Common Stock Issuance | 0.00 | 7.5M | 510,786 | 11.2M |
| Financing Cash Flow | -57,807 | 5.4M | -1.4M | 8.1M |
| Cash Flow From Continuing Financing Activities | -57,807 | 5.4M | -1.4M | 8.1M |
| Effect Of Exchange Rate Changes | -114,337 | -204,291 | -29,148 | -138,067 |
| Changes In Cash | 6.8M | -721,301 | 2.2M | -456,629 |
| Beginning Cash Position | 12.1M | 13.1M | 10.9M | 11.5M |
| End Cash Position | 18.8M | 12.1M | 13.1M | 10.9M |
| Free Cash Flow | 8.4M | -10.6M | 4.4M | -6.2M |
| Income Tax Paid Supplemental Data | 6.1M | 2.5M | 0.00 | 0.00 |
| Interest Paid Supplemental Data | 0.00 | 415,026 | 285,205 | 336,804 |
| Asset Impairment Charge | -662,753 | 11.8M | -9.0M | -5.6M |
| Change In Account Payable | 285,221 | -414,757 | 3.4M | -6.9M |
| Change In Income Tax Payable | 1.2M | 1.6M | 1.5M | 0.00 |
| Change In Prepaid Assets | -35,328 | -39,943 | 164,840 | -244,917 |
| Change In Tax Payable | 1.2M | 1.6M | 1.5M | 0.00 |
| Common Stock Issuance | 0.00 | 7.5M | 510,786 | 11.2M |
| Gain Loss On Investment Securities | -- | -1.0M | 6.0M | -467,507 |
| Gain Loss On Sale Of PPE | -- | -- | -- | 0.00 |
| Long Term Debt Issuance | -- | -- | -- | 0.00 |
| Long Term Debt Payments | -57,807 | -2.1M | -2.0M | -3.1M |
| Net Foreign Currency Exchange Gain Loss | -439,079 | 154,064 | 79,581 | -195,852 |
| Net Income From Continuing Operations | 13.2M | -1.1M | 346,524 | 5.7M |
| Net Long Term Debt Issuance | -57,807 | -2.1M | -2.0M | -3.1M |
| Net Other Investing Changes | -1.5M | 4.5M | -715,217 | -2.3M |
| Net Short Term Debt Issuance | -- | -- | -- | 0.00 |
| Operating Gains Losses | -439,079 | -887,928 | 6.0M | -663,359 |
| Sale Of PPE | -- | -- | -- | 0.00 |
| Short Term Debt Issuance | -- | -- | -- | 0.00 |
| Short Term Debt Payments | -- | -- | -- | 0.00 |