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 | 192.9M | 146.4M | 142.4M | 169.5M |
| Operating Revenue | 192.9M | 146.4M | 142.4M | 169.5M |
| Cost Of Revenue | 225.2M | 167.9M | 131.9M | 58.4M |
| Gross Profit | -32.4M | -21.5M | 10.5M | 111.1M |
| Selling General And Administration | 73.4M | 39.3M | 51.5M | 43.2M |
| General And Administrative Expense | 72.7M | 38.8M | 51.2M | 43.1M |
| Other Operating Expenses | -- | 5.9M | 6.8M | 4.9M |
| Operating Expense | 71.2M | 45.2M | 58.3M | 48.1M |
| Operating Income | -103.6M | -66.7M | -47.7M | 63.0M |
| EBIT | -66.6M | -105.2M | -178.8M | 46.1M |
| Interest Expense | 1.7M | 4.1M | 14.2M | 3.4M |
| Interest Expense Non Operating | 1.7M | 4.1M | 14.2M | 3.4M |
| Interest Income | 6.0M | 1.4M | 456,000 | -- |
| Interest Income Non Operating | 6.0M | 1.4M | 456,000 | -- |
| Net Interest Income | 956,000 | -5.6M | -14.4M | -23.9M |
| Other Income Expense | 34.3M | -37.0M | -130.9M | 3.5M |
| Other Non Operating Income Expenses | -- | 2.7M | 2.2M | -- |
| Special Income Charges | -4.0M | 1.5M | -243.0M | 619,000 |
| Restructuring And Mergern Acquisition | -- | -- | 150.8M | 289,000 |
| Write Off | 3.6M | 9.6M | -2.2M | -1.9M |
| Gain On Sale Of Security | 38.3M | -38.5M | 112.1M | 2.9M |
| Pretax Income | -68.4M | -109.3M | -193.1M | 42.6M |
| Tax Provision | -14.3M | -401,000 | -17.4M | 20.5M |
| Tax Effect Of Unusual Items | 7.2M | -135,801 | -11.9M | 922,200 |
| Net Income From Continuing And Discontinued Operation | -54.1M | -108.9M | -175.6M | 22.1M |
| Net Income From Continuing Operation Net Minority Interest | -54.1M | -108.9M | -175.6M | 22.1M |
| Net Income Including Noncontrolling Interests | -54.1M | -108.9M | -175.6M | 22.1M |
| Net Income Common Stockholders | -54.1M | -108.9M | -175.6M | 22.1M |
| Net Income | -54.1M | -108.9M | -175.6M | 22.1M |
| EBITDA | 74.4M | -20.5M | -106.4M | 70.5M |
| Normalized EBITDA | 40.1M | 16.6M | 24.5M | 67.1M |
| Reconciled Depreciation | 141.0M | 84.8M | 72.4M | 24.5M |
| Basic EPS | -0.13 | -0.42 | -1.15 | 0.14 |
| Diluted EPS | -0.13 | -0.42 | -1.15 | 0.13 |
| Basic Average Shares | 414.7M | 262.2M | 207.9M | 158.1M |
| Diluted Average Shares | 414.7M | 262.2M | 207.9M | 170.2M |
| Total Unusual Items | 34.3M | -37.0M | -130.9M | 3.5M |
| Total Unusual Items Excluding Goodwill | 34.3M | -37.0M | -130.9M | 3.5M |
| Tax Rate For Calcs | 0.21 | 0.00 | 0.09 | 0.27 |
| Normalized Income | -81.2M | -72.0M | -56.6M | 19.6M |
| Diluted NI Availto Com Stockholders | -54.1M | -108.9M | -175.6M | 22.1M |
| Gain On Sale Of Ppe | -336,000 | -1.8M | -152.1M | 559,000 |
| Impairment Of Capital Assets | -- | 12.3M | 93.1M | 1.8M |
| Insurance And Claims | 9.3M | 5.7M | 9.4M | 4.9M |
| Net Income Continuous Operations | -54.1M | -108.9M | -175.6M | 22.1M |
| Net Non Operating Interest Income Expense | 956,000 | -5.6M | -14.4M | -23.9M |
| Other Gand A | 26.3M | 9.0M | 11.8M | 7.8M |
| Other Special Charges | -- | -12.8M | -- | -- |
| Other Taxes | -2.1M | 0.00 | -- | -- |
| Reconciled Cost Of Revenue | 225.2M | 167.9M | 131.9M | 58.4M |
| Salaries And Wages | 37.0M | 24.1M | 30.0M | 30.3M |
| Selling And Marketing Expense | 721,000 | 491,000 | 333,000 | 174,000 |
| Total Expenses | 296.5M | 213.1M | 190.2M | 106.5M |
| Total Operating Income As Reported | -107.6M | -72.1M | -284.0M | 63.6M |
| Total Other Finance Cost | 3.3M | 2.9M | 629,000 | 20.4M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 59.5M | 84.0M | 30.8M | 125.6M |
| Cash Cash Equivalents And Short Term Investments | 146.8M | 115.9M | 35.4M | 191.6M |
| Cash Financial | 59.5M | 84.0M | 30.8M | 125.6M |
| Other Short Term Investments | 87.3M | 31.9M | 4.6M | 66.0M |
| Accounts Receivable | 1.3M | 714,000 | 701,000 | 1.0M |
| Receivables | 9.0M | 2.2M | 16.8M | 1.0M |
| Inventory | 1.2M | 705,000 | 588,000 | 548,000 |
| Prepaid Assets | 14.6M | 6.4M | 12.9M | 3.2M |
| Other Current Assets | -- | -- | -- | 3.2M |
| Current Assets | 213.7M | 130.0M | 69.1M | 287.1M |
| Gross PPE | 596.3M | 466.7M | 416.6M | 146.2M |
| Accumulated Depreciation | -172.9M | -226.5M | -148.5M | -39.7M |
| Net PPE | 423.4M | 240.1M | 268.0M | 146.2M |
| Goodwill | -- | 0.00 | 0.00 | 17.0M |
| Goodwill And Other Intangible Assets | 4.0M | 3.7M | 33,000 | 18.6M |
| Other Intangible Assets | 4.0M | 3.7M | 33,000 | 1.7M |
| Total Non Current Assets | 453.9M | 248.7M | 274.0M | 255.5M |
| Total Assets | 667.6M | 378.7M | 343.1M | 542.6M |
| Current Debt | 146,000 | 4.0M | 43.1M | 70.3M |
| Current Debt And Capital Lease Obligation | 2.2M | 6.9M | 46.7M | 74.6M |
| Accounts Payable | 21.9M | 9.1M | 12.9M | 14.5M |
| Payables | 22.2M | 10.2M | 12.9M | 26.6M |
| Payables And Accrued Expenses | 25.9M | 21.8M | 20.5M | 26.6M |
| Current Accrued Expenses | 3.7M | 11.7M | 7.6M | 4.6M |
| Other Current Liabilities | 8.1M | 40.4M | 169,000 | 63.6M |
| Current Liabilities | 36.3M | 69.2M | 67.4M | 164.8M |
| Long Term Debt | 1.4M | -- | 4.1M | 910,000 |
| Long Term Debt And Capital Lease Obligation | 21.2M | 13.0M | 18.3M | 10.1M |
| Long Term Capital Lease Obligation | 19.8M | 13.0M | 14.2M | 9.2M |
| Total Non Current Liabilities Net Minority Interest | 23.4M | 14.8M | 20.3M | 18.8M |
| Total Liabilities Net Minority Interest | 59.6M | 84.0M | 87.7M | 183.6M |
| Common Stock | 852.3M | 535.0M | 404.9M | 354.7M |
| Capital Stock | 852.3M | 535.0M | 404.9M | 354.7M |
| Additional Paid In Capital | 67.5M | 56.6M | 47.7M | 25.8M |
| Retained Earnings | -334.5M | -299.8M | -197.2M | -21.5M |
| Gains Losses Not Affecting Retained Earnings | 22.7M | 2.9M | 0.00 | 0.00 |
| Other Equity Adjustments | -- | -- | 65.5M | 43.7M |
| Common Stock Equity | 608.0M | 294.8M | 255.4M | 359.0M |
| Stockholders Equity | 608.0M | 294.8M | 255.4M | 359.0M |
| Total Equity Gross Minority Interest | 608.0M | 294.8M | 255.4M | 359.0M |
| Total Capitalization | 609.4M | 294.8M | 259.5M | 359.9M |
| Net Tangible Assets | 604.0M | 291.1M | 255.4M | 340.4M |
| Tangible Book Value | 604.0M | 291.1M | 255.4M | 340.4M |
| Working Capital | 177.4M | 60.8M | 1.7M | 122.4M |
| Invested Capital | 609.6M | 298.8M | 302.5M | 430.2M |
| Total Debt | 23.4M | 19.9M | 65.0M | 84.7M |
| Net Debt | -- | -- | 16.3M | -- |
| Share Issued | 479.3M | 334.2M | 224.2M | 194.8M |
| Ordinary Shares Number | 479.3M | 334.2M | 224.2M | 194.8M |
| Allowance For Doubtful Accounts Receivable | -47,000 | -51,000 | -37,000 | -118,000 |
| Assets Held For Sale Current | 5.9M | 1.4M | 1.2M | 1.2M |
| Buildings And Improvements | -- | -- | 15.7M | 9.0M |
| Capital Lease Obligations | 21.8M | 15.8M | 17.9M | 13.6M |
| Construction In Progress | 51.9M | 39.8M | 32.2M | 1.6M |
| Current Capital Lease Obligation | 2.1M | 2.9M | 3.6M | 4.3M |
| Fixed Assets Revaluation Reserve | 22.7M | 2.9M | 0.00 | 0.00 |
| Gross Accounts Receivable | 1.3M | 765,000 | 738,000 | 1.0M |
| Hedging Assets Current | 3.4M | 1.3M | 0.00 | 0.00 |
| Land And Improvements | 34.4M | 5.7M | 4.4M | 4.5M |
| Leases | 82.4M | 64.5M | 61.0M | 9.0M |
| Line Of Credit | -- | 0.00 | 0.00 | 60.0M |
| Long Term Provisions | 2.1M | 1.8M | 2.0M | 239,000 |
| Machinery Furniture Equipment | 2.2M | 1.8M | 1.3M | 283,000 |
| Non Current Accounts Receivable | -- | -- | 2.1M | 83.1M |
| Non Current Deferred Assets | 0.00 | 0.00 | 0.00 | 3.9M |
| Non Current Deferred Liabilities | 65,000 | 0.00 | 0.00 | 8.5M |
| Non Current Deferred Taxes Assets | 0.00 | 0.00 | 0.00 | 3.9M |
| Non Current Deferred Taxes Liabilities | 65,000 | 0.00 | 0.00 | 8.5M |
| Non Current Prepaid Assets | 26.5M | 4.9M | 3.9M | 86.7M |
| Other Current Borrowings | 146,000 | 4.0M | 43.1M | 10.3M |
| Other Payable | 243,000 | -- | -- | -- |
| Other Properties | 425.4M | 354.8M | 308.6M | 136.9M |
| Other Receivables | 1.4M | 689,000 | 108,000 | 697,000 |
| Properties | 0.00 | 0.00 | 9.0M | 0.00 |
| Restricted Cash | 32.8M | 2.1M | 2.1M | 86.8M |
| Taxes Receivable | 6.3M | 805,000 | 16.0M | 0.00 |
| Total Tax Payable | 0.00 | 1.1M | 0.00 | 12.1M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -140.6M | -105.7M | -122.4M | -43.3M |
| Cash Flow From Continuing Operating Activities | -140.6M | -105.7M | -122.4M | -43.3M |
| Depreciation And Amortization | 141.0M | 84.8M | 72.4M | 24.5M |
| Depreciation Amortization Depletion | 141.0M | 84.8M | 72.4M | 24.5M |
| Stock Based Compensation | 13.9M | 10.9M | 21.8M | 22.6M |
| Deferred Tax | -15.8M | 17.1M | -32.4M | 8.8M |
| Deferred Income Tax | -15.8M | 17.1M | -32.4M | 8.8M |
| Change In Working Capital | -9.2M | 1.2M | -4.0M | 15.4M |
| Changes In Account Receivables | -545,000 | -13,000 | 429,000 | 64,000 |
| Change In Receivables | -545,000 | -13,000 | 429,000 | 64,000 |
| Change In Inventory | -475,000 | -117,000 | -- | -379,000 |
| Change In Payables And Accrued Expense | -16.0M | -159,000 | -32,000 | 21.0M |
| Change In Payable | -16.0M | -159,000 | -32,000 | 21.0M |
| Change In Other Current Assets | 2.3M | 1.1M | -4.6M | -5.1M |
| Other Non Cash Items | -186.0M | -135.7M | -247.7M | -147.4M |
| Capital Expenditure | -339.9M | -71.3M | -195.0M | -193.3M |
| Purchase Of PPE | -339.9M | -71.3M | -195.0M | -193.3M |
| Net PPE Purchase And Sale | -334.4M | -68.2M | -184.5M | -192.1M |
| Purchase Of Business | -- | -- | 0.00 | -23.0M |
| Purchase Of Investment | -51.9M | -36.3M | -194.0M | -6.7M |
| Sale Of Investment | 207.9M | 177.8M | 382.1M | 12.8M |
| Net Investment Purchase And Sale | 156.0M | 141.6M | 188.1M | 6.1M |
| Investing Cash Flow | -178.4M | 71.0M | 3.7M | -209.0M |
| Cash Flow From Continuing Investing Activities | -178.4M | 71.0M | 3.7M | -209.0M |
| Issuance Of Debt | 1.7M | 0.00 | 107.2M | 74.2M |
| Repayment Of Debt | -6.4M | -34.2M | -137.3M | -24.7M |
| Net Issuance Payments Of Debt | -4.7M | -34.2M | -30.1M | 49.5M |
| Issuance Of Capital Stock | 289.5M | 109.1M | 54.1M | 259.2M |
| Net Common Stock Issuance | 289.5M | 109.1M | 54.1M | 259.2M |
| Financing Cash Flow | 294.5M | 87.9M | 24.0M | 372.0M |
| Cash Flow From Continuing Financing Activities | 294.5M | 87.9M | 24.0M | 372.0M |
| Effect Of Exchange Rate Changes | -9,000 | 18,000 | 43,000 | -21,000 |
| Changes In Cash | -24.5M | 53.1M | -94.8M | 119.7M |
| Beginning Cash Position | 84.0M | 30.9M | 125.6M | 5.9M |
| End Cash Position | 59.5M | 84.0M | 30.9M | 125.6M |
| Free Cash Flow | -480.4M | -177.0M | -317.4M | -236.6M |
| Amortization Cash Flow | 573,000 | 133,000 | -- | -- |
| Amortization Of Intangibles | 573,000 | 133,000 | -- | -- |
| Asset Impairment Charge | 3.6M | 12.3M | 93.1M | -60,000 |
| Change In Account Payable | -15.8M | -315,000 | 94,000 | 9.2M |
| Change In Income Tax Payable | -178,000 | 156,000 | -126,000 | 11.8M |
| Change In Prepaid Assets | 5.5M | 420,000 | 188,000 | -613,000 |
| Change In Tax Payable | -178,000 | 156,000 | -126,000 | 11.8M |
| Common Stock Issuance | 289.5M | 109.1M | 54.1M | 259.2M |
| Depreciation | 140.4M | 84.7M | -- | -- |
| Gain Loss On Investment Securities | -39.7M | 30.7M | 150.8M | 6.7M |
| Gain Loss On Sale Of PPE | 336,000 | 1.8M | 1.3M | -848,000 |
| Interest Paid Cfo | -1.7M | -13.9M | -- | -4.0M |
| Interest Received Cfo | 5.6M | 1.8M | -- | -- |
| Long Term Debt Issuance | 1.7M | 0.00 | 67.2M | 14.2M |
| Long Term Debt Payments | -6.4M | -34.2M | -37.3M | -24.7M |
| Net Business Purchase And Sale | -- | -- | 0.00 | -23.0M |
| Net Foreign Currency Exchange Gain Loss | 1.5M | 7.8M | -- | -- |
| Net Income From Continuing Operations | -54.1M | -108.9M | -175.6M | 22.1M |
| Net Long Term Debt Issuance | -4.7M | -34.2M | 29.9M | -10.5M |
| Net Other Financing Charges | 714,000 | -- | -- | -- |
| Net Other Investing Changes | -- | -2.4M | -- | -- |
| Net Short Term Debt Issuance | -- | 0.00 | -60.0M | 60.0M |
| Operating Gains Losses | -37.9M | 27.5M | 152.1M | 5.8M |
| Proceeds From Stock Option Exercised | 8.9M | 13.0M | 21,000 | 63.3M |
| Sale Of PPE | 5.5M | 3.1M | 10.5M | 1.1M |
| Short Term Debt Issuance | -- | 0.00 | 40.0M | 60.0M |
| Short Term Debt Payments | -- | 0.00 | -100.0M | 0.00 |
| Unrealized Gain Loss On Investment Securities | 0.00 | -2.7M | -2.2M | 4.9M |