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 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling General And Administration | 15.6M | 11.6M | 6.6M | 2.6M |
| General And Administrative Expense | 15.6M | 11.6M | 6.6M | 2.6M |
| Other Operating Expenses | -- | 6.1M | 9.9M | 16.2M |
| Operating Expense | 15.6M | 11.6M | 16.5M | 18.8M |
| Operating Income | -15.6M | -11.6M | -16.5M | -18.8M |
| EBIT | -18.8M | -3.7M | 5.5M | -6.3M |
| Interest Expense | 8.1M | 7.1M | 4.6M | 102,740 |
| Interest Expense Non Operating | 8.1M | 7.1M | 4.6M | 102,740 |
| Interest Income | 655,125 | 1.1M | 0.00 | -- |
| Interest Income Non Operating | 655,125 | 1.1M | 0.00 | -- |
| Net Interest Income | -8.1M | -7.0M | -5.6M | -102,740 |
| Other Income Expense | -3.1M | 7.7M | 22.9M | 12.5M |
| Other Non Operating Income Expenses | -2.6M | -1.5M | -1.1M | -- |
| Special Income Charges | -1.3M | 6.7M | 8.6M | -56,146 |
| Gain On Sale Of Security | 831,374 | 2.6M | 15.5M | 12.5M |
| Pretax Income | -26.9M | -10.8M | 898,591 | -6.4M |
| Tax Provision | -1.5M | 2.6M | 0.00 | -- |
| Tax Effect Of Unusual Items | -28,298 | 3.7M | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -25.3M | -13.4M | 898,591 | -6.4M |
| Net Income From Continuing Operation Net Minority Interest | -25.3M | -13.4M | 898,591 | -6.4M |
| Net Income Including Noncontrolling Interests | -25.3M | -13.4M | 898,591 | -6.4M |
| Net Income Common Stockholders | -25.3M | -13.4M | 898,591 | -6.4M |
| Net Income | -25.3M | -13.4M | 898,591 | -6.4M |
| EBITDA | -18.4M | -3.5M | 5.7M | -6.1M |
| Normalized EBITDA | -17.9M | -12.8M | -18.3M | -18.5M |
| Reconciled Depreciation | 393,297 | 190,133 | 214,643 | 239,904 |
| Basic EPS | -0.07 | -0.05 | 0.00 | -0.04 |
| Diluted EPS | -0.07 | -0.05 | 0.00 | -0.04 |
| Basic Average Shares | 340.2M | 280.4M | 206.0M | 161.9M |
| Diluted Average Shares | 340.2M | 280.4M | 269.8M | 161.9M |
| Total Unusual Items | -487,902 | 9.2M | 24.1M | 12.5M |
| Total Unusual Items Excluding Goodwill | -487,902 | 9.2M | 24.1M | 12.5M |
| Tax Rate For Calcs | 0.06 | 0.40 | 0.00 | 0.00 |
| Normalized Income | -24.9M | -19.0M | -23.2M | -18.9M |
| Average Dilution Earnings | 0.00 | 0.00 | -370,121 | -- |
| Diluted NI Availto Com Stockholders | -25.3M | -13.4M | 528,470 | -6.4M |
| Gain On Sale Of Ppe | -924,820 | 0.00 | -- | -- |
| Net Income Continuous Operations | -25.3M | -13.4M | 898,591 | -6.4M |
| Net Non Operating Interest Income Expense | -8.1M | -7.0M | -5.6M | -102,740 |
| Other Gand A | 11.7M | 8.0M | 6.6M | 2.6M |
| Other Special Charges | 394,456 | -6.7M | -8.6M | 56,146 |
| Salaries And Wages | 3.9M | 3.6M | -- | -- |
| Total Expenses | 15.6M | 11.6M | 16.5M | 18.8M |
| Total Operating Income As Reported | -- | -11.6M | -16.5M | -18.8M |
| Total Other Finance Cost | 676,784 | 934,502 | 945,507 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 3.8M | 20.1M | 708,105 | 486,063 |
| Cash Cash Equivalents And Short Term Investments | 3.8M | 20.1M | 708,105 | 555,002 |
| Cash Financial | 3.8M | 20.1M | 708,105 | 486,063 |
| Other Short Term Investments | -- | -- | 0.00 | 68,939 |
| Accounts Receivable | 100,000 | 94,582 | 170,729 | 0.00 |
| Receivables | 225,978 | 216,203 | 222,261 | 0.00 |
| Inventory | 341,004 | 0.00 | -- | -- |
| Prepaid Assets | 464,380 | 382,198 | 334,686 | 3.1M |
| Current Assets | 9.3M | 27.2M | 7.7M | 3.6M |
| Gross PPE | 89.0M | 34.8M | 24.9M | 923,106 |
| Accumulated Depreciation | -952,795 | -559,500 | -369,367 | -473,858 |
| Net PPE | 88.0M | 34.2M | 24.6M | 449,248 |
| Other Non Current Assets | -- | 341,004 | 341,004 | -- |
| Total Non Current Assets | 88.3M | 34.8M | 25.2M | 449,248 |
| Total Assets | 97.6M | 62.0M | 32.9M | 4.1M |
| Current Debt | 4.1M | -- | 1.5M | 2.5M |
| Current Debt And Capital Lease Obligation | 4.3M | 353,526 | 1.5M | 2.6M |
| Accounts Payable | 14.7M | 1.8M | 4.5M | 1.3M |
| Payables | 18.7M | 4.8M | 4.5M | 17.4M |
| Payables And Accrued Expenses | 24.5M | 6.5M | 7.2M | 18.7M |
| Current Accrued Expenses | 5.7M | 1.8M | 2.7M | 1.3M |
| Other Current Liabilities | 929,466 | 569,327 | 1.5M | 1.5M |
| Current Liabilities | 29.6M | 7.5M | 10.2M | 22.8M |
| Long Term Debt | 113.4M | 69.8M | 34.6M | -- |
| Long Term Debt And Capital Lease Obligation | 113.4M | 69.9M | 34.6M | 0.00 |
| Long Term Capital Lease Obligation | 62,282 | 71,808 | 0.00 | 0.00 |
| Total Non Current Liabilities Net Minority Interest | 120.1M | 80.9M | 49.0M | 15.5M |
| Total Liabilities Net Minority Interest | 149.7M | 88.4M | 59.1M | 38.3M |
| Common Stock | 348.00 | 321.00 | 228.00 | 164.00 |
| Capital Stock | 348.00 | 321.00 | 228.00 | 164.00 |
| Additional Paid In Capital | 61.2M | 57.8M | 45.2M | 38.2M |
| Retained Earnings | -110.4M | -85.0M | -71.6M | -72.5M |
| Gains Losses Not Affecting Retained Earnings | -3.0M | 808,662 | 253,875 | 0.00 |
| Other Equity Adjustments | -3.0M | 808,662 | 253,875 | -- |
| Common Stock Equity | -52.1M | -26.4M | -26.2M | -34.2M |
| Stockholders Equity | -52.1M | -26.4M | -26.2M | -34.2M |
| Total Equity Gross Minority Interest | -52.1M | -26.4M | -26.2M | -34.2M |
| Total Capitalization | 61.2M | 43.5M | 8.4M | -34.2M |
| Net Tangible Assets | -52.1M | -26.4M | -26.2M | -34.2M |
| Tangible Book Value | -52.1M | -26.4M | -26.2M | -34.2M |
| Working Capital | -20.3M | 19.7M | -2.4M | -19.2M |
| Invested Capital | 65.3M | 43.5M | 9.9M | -31.7M |
| Total Debt | 117.7M | 70.3M | 36.1M | 2.6M |
| Net Debt | 113.6M | 49.7M | 35.4M | 2.0M |
| Share Issued | 349.7M | 322.7M | 229.5M | 164.4M |
| Ordinary Shares Number | 349.7M | 322.7M | 229.5M | 164.4M |
| Assets Held For Sale Current | 40,000 | 0.00 | -- | -- |
| Buildings And Improvements | -- | -- | 319,133 | 319,133 |
| Capital Lease Obligations | 251,650 | 425,334 | 0.00 | 62,277 |
| Current Capital Lease Obligation | 189,368 | 353,526 | 0.00 | 62,277 |
| Current Deferred Liabilities | -- | -- | -- | 1.5M |
| Current Notes Payable | -- | 0.00 | 1.5M | 2.5M |
| Derivative Product Liabilities | 1.1M | 1.8M | 6.4M | 15.5M |
| Income Tax Payable | 1.1M | 0.00 | -- | -- |
| Interest Payable | 522,485 | 534,998 | 1.2M | 409,242 |
| Land And Improvements | 309,861 | 0.00 | -- | -- |
| Leases | -- | -- | -- | 319,133 |
| Non Current Deferred Liabilities | 0.00 | 2.6M | 0.00 | -- |
| Non Current Deferred Taxes Liabilities | 0.00 | 2.6M | 0.00 | -- |
| Non Current Prepaid Assets | 254,106 | 249,265 | 269,015 | 0.00 |
| Other Current Borrowings | 4.1M | -- | -- | -- |
| Other Payable | 3.0M | 3.0M | -- | 16.1M |
| Other Properties | 88.7M | 34.8M | 24.9M | 603,973 |
| Preferred Stock | 0.00 | 0.00 | 0.00 | 0.00 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 341,004 | 0.00 | -- | -- |
| Restricted Cash | 4.5M | 6.5M | 6.5M | 0.00 |
| Taxes Receivable | 125,978 | 121,621 | 51,532 | -- |
| Total Tax Payable | 1.1M | 0.00 | -- | -- |
| Tradeand Other Payables Non Current | 5.5M | 6.6M | 7.9M | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -10.4M | -12.3M | -22.5M | -11.4M |
| Cash Flow From Continuing Operating Activities | -10.4M | -12.3M | -22.5M | -11.5M |
| Depreciation And Amortization | 393,297 | 190,133 | 214,643 | 239,904 |
| Depreciation Amortization Depletion | 393,297 | 190,133 | 214,643 | 239,904 |
| Stock Based Compensation | 1.4M | 1.1M | 421,881 | 1.7M |
| Deferred Tax | -1.5M | 2.6M | 0.00 | -- |
| Deferred Income Tax | -1.5M | 2.6M | 0.00 | -- |
| Change In Working Capital | 5.4M | 525,259 | -3.4M | 5.4M |
| Changes In Account Receivables | -96,798 | -26,267 | 369,544 | -12,598 |
| Change In Receivables | -96,798 | -26,267 | 369,544 | -12,598 |
| Change In Payables And Accrued Expense | 5.5M | 551,526 | -3.1M | 5.9M |
| Change In Payable | 2.5M | -1.8M | -5.7M | 4.8M |
| Change In Other Current Liabilities | -- | -- | -- | 0.00 |
| Other Non Cash Items | 9.2M | 7.6M | 2.3M | -95,543 |
| Capital Expenditure | -40.6M | -11.4M | -10.8M | -94,693 |
| Purchase Of PPE | -40.6M | -11.4M | -10.8M | -94,693 |
| Net PPE Purchase And Sale | -40.6M | -11.4M | -10.8M | -94,693 |
| Investing Cash Flow | -40.6M | -11.4M | -11.2M | -94,693 |
| Cash Flow From Continuing Investing Activities | -40.6M | -11.4M | -11.2M | -94,693 |
| Issuance Of Debt | 36.3M | 46.0M | 33.7M | 0.00 |
| Repayment Of Debt | -537,997 | -7.0M | -1.1M | -129,191 |
| Net Issuance Payments Of Debt | 35.7M | 39.0M | 32.6M | -129,191 |
| Issuance Of Capital Stock | 0.00 | 4.1M | 7.8M | 8.5M |
| Net Common Stock Issuance | 0.00 | 4.1M | 7.8M | 8.5M |
| Financing Cash Flow | 32.7M | 43.1M | 40.4M | 8.4M |
| Cash Flow From Continuing Financing Activities | 32.7M | 43.1M | 40.4M | 8.4M |
| Changes In Cash | -18.3M | 19.4M | 6.7M | -3.1M |
| Beginning Cash Position | 26.6M | 7.2M | 486,063 | 3.6M |
| End Cash Position | 8.3M | 26.6M | 7.2M | 486,063 |
| Free Cash Flow | -51.1M | -23.7M | -33.3M | -11.5M |
| Interest Paid Supplemental Data | 0.00 | 322,708 | -- | -- |
| Change In Account Payable | 2.5M | -1.8M | 773,102 | -128,774 |
| Change In Accrued Expense | 3.1M | 2.4M | 2.6M | 1.0M |
| Change In Interest Payable | 2.0M | 2.0M | 2.3M | 246,702 |
| Change In Prepaid Assets | -- | -26,267 | -739,484 | -469,752 |
| Common Stock Issuance | 0.00 | 4.1M | 7.8M | 8.5M |
| Depreciation | 393,297 | 190,133 | 214,643 | 239,904 |
| Gain Loss On Investment Securities | 51,880 | -4.2M | -14.6M | -12.3M |
| Gain Loss On Sale Of PPE | 924,820 | 0.00 | -- | -- |
| Long Term Debt Issuance | 36.3M | 46.0M | 33.7M | 0.00 |
| Long Term Debt Payments | -537,997 | -7.0M | -64,828 | -129,191 |
| Net Foreign Currency Exchange Gain Loss | -- | 0.00 | 233,777 | 2,165 |
| Net Income From Continuing Operations | -25.3M | -13.4M | 898,591 | -6.4M |
| Net Long Term Debt Issuance | 35.7M | 39.0M | 33.6M | -129,191 |
| Net Other Financing Charges | -3.0M | -740,956 | -- | -- |
| Net Other Investing Changes | -- | -- | -341,004 | -- |
| Net Short Term Debt Issuance | -- | -1.6M | -1.0M | 2.5M |
| Operating Gains Losses | 63,094 | -10.9M | -22.9M | -12.2M |
| Proceeds From Stock Option Exercised | 0.00 | 837,459 | 0.00 | 0.00 |
| Short Term Debt Issuance | -- | 390,000 | 0.00 | 2.5M |
| Short Term Debt Payments | -- | -1.6M | -1.0M | 0.00 |