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 | 17.5M | 12.1M | 10.0M | 8.5M |
| Operating Revenue | 17.5M | 12.1M | 10.0M | 8.5M |
| Cost Of Revenue | 11.7M | 7.4M | 6.5M | 6.3M |
| Gross Profit | 5.8M | 4.6M | 3.5M | 2.3M |
| Selling General And Administration | 3.6M | 3.0M | 2.4M | 1.8M |
| General And Administrative Expense | 3.3M | 2.7M | 2.3M | 1.8M |
| Research And Development | 330,778 | 681,647 | 512,388 | 0.00 |
| Depreciation And Amortization In Income Statement | 139,202 | 154,679 | 185,971 | 64,887 |
| Other Operating Expenses | -11,888 | -65,811 | -62,550 | -12,018 |
| Operating Expense | 4.1M | 3.7M | 3.1M | 1.9M |
| Operating Income | 1.8M | 912,341 | 463,580 | 409,538 |
| EBIT | 1.5M | 893,978 | 577,513 | 419,332 |
| Interest Expense | 68,192 | 65,076 | 51,379 | 2,811 |
| Interest Expense Non Operating | 68,192 | 65,076 | 51,379 | 2,811 |
| Interest Income | 111,200 | 73,676 | 26,811 | 8,454 |
| Interest Income Non Operating | 111,200 | 73,676 | 26,811 | 8,454 |
| Net Interest Income | 43,008 | 8,600 | -24,568 | 5,643 |
| Other Income Expense | -414,256 | -92,039 | 87,122 | 1,340 |
| Special Income Charges | -5,948 | 37,131 | -12,847 | -389.00 |
| Write Off | 5,948 | -37,131 | 12,847 | 389.00 |
| Gain On Sale Of Security | -408,308 | -129,170 | 99,969 | 1,729 |
| Pretax Income | 1.4M | 828,902 | 526,134 | 416,521 |
| Tax Provision | 582,022 | 274,277 | -1.6M | 0.00 |
| Tax Effect Of Unusual Items | -62,138 | -30,455 | 22,835 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 814,052 | 554,625 | 2.1M | 416,521 |
| Net Income From Continuing Operation Net Minority Interest | 814,052 | 554,625 | 2.1M | 416,521 |
| Net Income Including Noncontrolling Interests | 814,052 | 554,625 | 2.1M | 416,521 |
| Net Income Common Stockholders | 814,052 | 554,625 | 2.1M | 416,521 |
| Net Income | 814,052 | 554,625 | 2.1M | 416,521 |
| EBITDA | 1.8M | 1.3M | 986,028 | 761,421 |
| Normalized EBITDA | 2.2M | 1.4M | 898,906 | 760,081 |
| Reconciled Depreciation | 306,110 | 377,223 | 408,515 | 342,089 |
| Basic EPS | 0.01 | 0.01 | 0.02 | 0.00 |
| Diluted EPS | 0.01 | 0.01 | 0.02 | 0.00 |
| Basic Average Shares | 87.4M | 87.9M | 88.2M | 88.1M |
| Diluted Average Shares | 89.1M | 88.5M | 88.7M | 88.7M |
| Total Unusual Items | -414,256 | -92,039 | 87,122 | 1,340 |
| Total Unusual Items Excluding Goodwill | -414,256 | -92,039 | 87,122 | 1,340 |
| Tax Rate For Calcs | 0.15 | 0.33 | 0.26 | 0.00 |
| Normalized Income | 1.2M | 616,209 | 2.0M | 415,181 |
| Amortization | 12,884 | 12,884 | -- | -- |
| Amortization Of Intangibles Income Statement | 12,884 | 12,884 | -- | -- |
| Depreciation Amortization Depletion Income Statement | 139,202 | 154,679 | 185,971 | 64,887 |
| Depreciation Income Statement | 126,318 | 141,795 | -- | -- |
| Diluted NI Availto Com Stockholders | 814,052 | 554,625 | 2.1M | 416,521 |
| Impairment Of Capital Assets | -- | -- | -- | 0.00 |
| Insurance And Claims | 63,127 | 53,575 | 45,297 | 38,981 |
| Net Income Continuous Operations | 814,052 | 554,625 | 2.1M | 416,521 |
| Net Non Operating Interest Income Expense | 43,008 | 8,600 | -24,568 | 5,643 |
| Other Gand A | 1.2M | 918,382 | 780,388 | 619,268 |
| Reconciled Cost Of Revenue | 11.5M | 7.2M | 6.3M | 6.0M |
| Rent And Landing Fees | 13,144 | 13,004 | 20,498 | 59,375 |
| Rent Expense Supplemental | 13,144 | 13,004 | 20,498 | 59,375 |
| Salaries And Wages | 2.0M | 1.7M | 1.4M | 1.0M |
| Selling And Marketing Expense | 338,036 | 299,975 | 178,313 | 59,311 |
| Total Expenses | 15.8M | 11.1M | 9.6M | 8.1M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 4.5M | 4.6M | 3.2M | 2.6M |
| Cash Cash Equivalents And Short Term Investments | 4.5M | 4.6M | 3.2M | 2.6M |
| Accounts Receivable | 5.1M | 1.9M | 2.0M | 1.2M |
| Receivables | 5.2M | 2.0M | 2.0M | 1.2M |
| Inventory | 1.2M | 849,758 | 854,535 | 859,202 |
| Prepaid Assets | 79,163 | 358,615 | 52,044 | 238,121 |
| Current Assets | 11.0M | 7.8M | 6.2M | 4.9M |
| Gross PPE | 770,326 | 752,583 | 723,481 | 121,650 |
| Accumulated Depreciation | -488,156 | -361,838 | -220,043 | -98,235 |
| Net PPE | 282,170 | 390,745 | 503,438 | 23,415 |
| Goodwill And Other Intangible Assets | 67,398 | 277,234 | 484,887 | 736,854 |
| Other Intangible Assets | 67,398 | 277,234 | 484,887 | 736,854 |
| Total Non Current Assets | 1.3M | 2.0M | 2.5M | 760,269 |
| Total Assets | 12.3M | 9.8M | 8.7M | 5.7M |
| Current Debt | 63,209 | 40,000 | 40,000 | -- |
| Current Debt And Capital Lease Obligation | 192,717 | 153,835 | 139,363 | -- |
| Accounts Payable | 2.6M | 1.6M | 1.1M | 809,615 |
| Payables | 2.6M | 1.6M | 1.1M | 809,615 |
| Payables And Accrued Expenses | 2.8M | 1.7M | 1.2M | 912,415 |
| Current Accrued Expenses | 156,723 | 110,766 | 150,100 | 102,800 |
| Current Deferred Revenue | 217,295 | 80,213 | 76,179 | 93,562 |
| Current Liabilities | 3.2M | 1.9M | 1.4M | 1.0M |
| Long Term Debt | 363,326 | 350,121 | 187,793 | 34,709 |
| Long Term Debt And Capital Lease Obligation | 535,549 | 651,853 | 603,359 | 34,709 |
| Long Term Capital Lease Obligation | 172,223 | 301,732 | 415,566 | 0.00 |
| Total Non Current Liabilities Net Minority Interest | 536,163 | 659,078 | 614,176 | 67,048 |
| Total Liabilities Net Minority Interest | 3.7M | 2.6M | 2.1M | 1.1M |
| Common Stock | 12.3M | 10.9M | 10.9M | 11.0M |
| Capital Stock | 12.3M | 10.9M | 10.9M | 11.0M |
| Retained Earnings | -5.3M | -6.1M | -6.7M | -8.8M |
| Gains Losses Not Affecting Retained Earnings | 564,841 | 64,625 | 18,589 | 0.00 |
| Other Equity Adjustments | 564,841 | 64,625 | 18,589 | -- |
| Common Stock Equity | 8.6M | 7.2M | 6.7M | 4.6M |
| Stockholders Equity | 8.6M | 7.2M | 6.7M | 4.6M |
| Total Equity Gross Minority Interest | 8.6M | 7.2M | 6.7M | 4.6M |
| Total Capitalization | 8.9M | 7.5M | 6.8M | 4.6M |
| Net Tangible Assets | 8.5M | 6.9M | 6.2M | 3.8M |
| Tangible Book Value | 8.5M | 6.9M | 6.2M | 3.8M |
| Working Capital | 7.8M | 5.9M | 4.7M | 3.9M |
| Invested Capital | 9.0M | 7.6M | 6.9M | 4.6M |
| Total Debt | 728,266 | 805,688 | 742,722 | 34,709 |
| Share Issued | 87.8M | 87.4M | 88.0M | 88.3M |
| Ordinary Shares Number | 87.8M | 87.4M | 88.0M | 88.3M |
| Allowance For Doubtful Accounts Receivable | -36,000 | -42,000 | -79,300 | -71,000 |
| Buildings And Improvements | 657,705 | 652,112 | 634,520 | 50,515 |
| Capital Lease Obligations | 301,731 | 415,567 | 514,929 | 0.00 |
| Current Capital Lease Obligation | 129,508 | 113,835 | 99,363 | 0.00 |
| Current Deferred Liabilities | 217,295 | 80,213 | 76,179 | 93,562 |
| Gross Accounts Receivable | 5.2M | 2.0M | 2.1M | 1.3M |
| Leases | -- | -- | 4,595 | 4,595 |
| Machinery Furniture Equipment | 112,621 | 100,471 | 88,961 | 54,830 |
| Non Current Deferred Assets | 927,504 | 1.3M | 1.6M | 0.00 |
| Non Current Deferred Liabilities | 614.00 | 7,225 | 10,817 | 32,339 |
| Non Current Deferred Revenue | 614.00 | 7,225 | 10,817 | 32,339 |
| Non Current Deferred Taxes Assets | 927,504 | 1.3M | 1.6M | 0.00 |
| Other Current Borrowings | 63,209 | 40,000 | 40,000 | -- |
| Other Equity Interest | 975,802 | 2.4M | 2.4M | 2.3M |
| Other Properties | -- | -- | 646,230 | 11,710 |
| Taxes Receivable | 94,131 | 61,306 | 35,575 | 12,921 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -559,742 | 1.5M | 640,162 | 690,081 |
| Cash Flow From Continuing Operating Activities | -559,742 | 1.5M | 640,162 | 690,081 |
| Depreciation And Amortization | 306,110 | 377,223 | 408,515 | 342,089 |
| Depreciation Amortization Depletion | 306,110 | 377,223 | 408,515 | 342,089 |
| Stock Based Compensation | 71,474 | 54,873 | 37,309 | 51,229 |
| Deferred Tax | 357,331 | 274,277 | -1.6M | 0.00 |
| Deferred Income Tax | 357,331 | 274,277 | -1.6M | 0.00 |
| Change In Working Capital | -2.2M | 263,589 | -331,658 | -110,940 |
| Change In Receivables | -3.3M | 90,843 | -803,251 | 186,239 |
| Change In Inventory | -381,466 | 4,777 | 4,667 | 235,379 |
| Change In Payables And Accrued Expense | 1.1M | 474,303 | 319,789 | -594,134 |
| Change In Other Working Capital | 130,472 | 237.00 | -38,940 | 56,498 |
| Other Non Cash Items | 55,517 | -3,041 | -12,985 | -9,207 |
| Capital Expenditure | -13,650 | -10,635 | -33,942 | -694,144 |
| Purchase Of PPE | -13,650 | -10,635 | -33,942 | -26,308 |
| Net PPE Purchase And Sale | -13,650 | -10,635 | -33,942 | -26,308 |
| Investing Cash Flow | -13,650 | -10,635 | -33,942 | -694,144 |
| Cash Flow From Continuing Investing Activities | -13,650 | -10,635 | -33,942 | -694,144 |
| Issuance Of Debt | 50,000 | 203,006 | 246,993 | 20,000 |
| Repayment Of Debt | -183,000 | -137,000 | -110,000 | 0.00 |
| Net Issuance Payments Of Debt | -133,000 | 66,006 | 136,993 | 20,000 |
| Repurchase Of Capital Stock | -115,812 | -257,485 | -84,363 | 0.00 |
| Net Common Stock Issuance | -115,812 | -257,485 | -84,363 | 0.00 |
| Common Stock Payments | -115,812 | -257,485 | -84,363 | 0.00 |
| Financing Cash Flow | -127,156 | -68,099 | 62,130 | 96,106 |
| Cash Flow From Continuing Financing Activities | -127,156 | -68,099 | 62,130 | 96,106 |
| Effect Of Exchange Rate Changes | 526,166 | 0.00 | -- | -- |
| Changes In Cash | -700,548 | 1.4M | 668,350 | 92,043 |
| Beginning Cash Position | 4.6M | 3.2M | 2.6M | 2.5M |
| End Cash Position | 4.5M | 4.6M | 3.2M | 2.6M |
| Free Cash Flow | -573,392 | 1.5M | 606,220 | -4,063 |
| Amortization Cash Flow | 179,792 | 235,428 | -- | -- |
| Amortization Of Intangibles | 179,792 | 235,428 | -- | -- |
| Asset Impairment Charge | 5,948 | -37,131 | 12,847 | 389.00 |
| Change In Prepaid Assets | 279,452 | -306,571 | 186,077 | 5,078 |
| Depreciation | 126,318 | 141,795 | -- | -- |
| Long Term Debt Issuance | 50,000 | 203,006 | 246,993 | 20,000 |
| Long Term Debt Payments | -183,000 | -137,000 | -110,000 | 0.00 |
| Net Income From Continuing Operations | 814,052 | 554,625 | 2.1M | 416,521 |
| Net Intangibles Purchase And Sale | -- | -- | 0.00 | -667,836 |
| Net Long Term Debt Issuance | -133,000 | 66,006 | 136,993 | 20,000 |
| Proceeds From Stock Option Exercised | 121,656 | 123,380 | 9,500 | 76,106 |
| Purchase Of Intangibles | -- | -- | 0.00 | -667,836 |