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 | 621,000 | 285,000 | 0.00 | -43,404 |
| Operating Revenue | 621,000 | 285,000 | 0.00 | -43,404 |
| Cost Of Revenue | 371,000 | 200,000 | 0.00 | 0.00 |
| Gross Profit | 250,000 | 85,000 | 0.00 | -43,404 |
| Selling General And Administration | 2.5M | 1.4M | 1.8M | 1.1M |
| General And Administrative Expense | 1.9M | 1.2M | 1.7M | 1.1M |
| Research And Development | 873,000 | 642,000 | 690,000 | 316,780 |
| Depreciation And Amortization In Income Statement | 319,000 | 321,000 | 306,000 | 293,884 |
| Other Operating Expenses | 92,000 | 150,000 | 84,000 | 140,843 |
| Operating Expense | 3.7M | 2.6M | 2.9M | 1.9M |
| Operating Income | -3.5M | -2.5M | -2.9M | -1.9M |
| EBIT | -5.1M | -2.4M | -13.6M | -2.4M |
| Interest Expense | 15,000 | 20,000 | 43,000 | 25,454 |
| Interest Expense Non Operating | 15,000 | 20,000 | 43,000 | 25,454 |
| Interest Income | 21,000 | 0.00 | -- | -- |
| Interest Income Non Operating | 21,000 | 0.00 | -- | -- |
| Net Interest Income | -55,000 | -12,000 | -392,000 | -25,454 |
| Other Income Expense | -1.5M | 62,000 | -10.4M | -536,891 |
| Other Non Operating Income Expenses | -- | -- | -348,803 | -- |
| Special Income Charges | -- | 0.00 | -10.4M | -212,891 |
| Restructuring And Mergern Acquisition | -- | -- | 0.00 | 212,891 |
| Gain On Sale Of Security | -1.5M | 62,000 | 45,000 | -324,000 |
| Pretax Income | -5.1M | -2.4M | -13.6M | -2.5M |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -5.1M | -2.4M | -13.6M | -2.5M |
| Net Income From Continuing Operation Net Minority Interest | -5.1M | -2.4M | -13.6M | -2.5M |
| Net Income Including Noncontrolling Interests | -5.1M | -2.4M | -13.6M | -2.5M |
| Net Income Common Stockholders | -5.1M | -2.4M | -13.6M | -2.5M |
| Net Income | -5.1M | -2.4M | -13.6M | -2.5M |
| EBITDA | -4.7M | -2.1M | -13.3M | -2.1M |
| Normalized EBITDA | -3.2M | -2.1M | -2.9M | -1.6M |
| Reconciled Depreciation | 325,000 | 320,000 | 308,000 | 293,859 |
| Basic EPS | -0.09 | -0.05 | -0.34 | -0.05 |
| Diluted EPS | -0.09 | -0.05 | -0.34 | -0.05 |
| Basic Average Shares | 57.7M | 51.9M | 40.0M | 48.8M |
| Diluted Average Shares | 57.7M | 51.9M | 40.0M | 48.8M |
| Total Unusual Items | -1.5M | 62,000 | -10.4M | -536,891 |
| Total Unusual Items Excluding Goodwill | -1.5M | 62,000 | -10.4M | -536,891 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -3.6M | -2.5M | -3.2M | -1.9M |
| Depreciation Amortization Depletion Income Statement | 319,000 | 321,000 | 306,000 | 293,884 |
| Depreciation Income Statement | 319,000 | 321,000 | 306,000 | 293,884 |
| Diluted NI Availto Com Stockholders | -5.1M | -2.4M | -13.6M | -2.5M |
| Insurance And Claims | 46,000 | 62,000 | 37,000 | 9,354 |
| Net Income Continuous Operations | -5.1M | -2.4M | -13.6M | -2.5M |
| Net Non Operating Interest Income Expense | -55,000 | -12,000 | -392,000 | -25,454 |
| Other Gand A | 447,000 | 401,000 | 463,000 | 219,795 |
| Other Special Charges | -- | -- | 10.4M | -- |
| Reconciled Cost Of Revenue | 365,000 | 201,000 | 0.00 | 25.00 |
| Rent And Landing Fees | 7,000 | 19,000 | 23,000 | 19,767 |
| Rent Expense Supplemental | 7,000 | 19,000 | 23,000 | 19,767 |
| Salaries And Wages | 1.4M | 676,000 | 1.2M | 844,876 |
| Selling And Marketing Expense | 537,000 | 284,000 | 83,000 | 12,097 |
| Total Expenses | 4.1M | 2.8M | 2.9M | 1.9M |
| Total Operating Income As Reported | -3.5M | -2.5M | -13.3M | -2.1M |
| Total Other Finance Cost | 61,000 | -8,000 | 349,000 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 3.6M | 411,000 | 876,000 | 388,154 |
| Cash Cash Equivalents And Short Term Investments | 3.6M | 411,000 | 876,000 | 388,154 |
| Accounts Receivable | 21,000 | -- | 0.00 | -- |
| Receivables | 176,000 | 63,000 | 64,000 | 62,298 |
| Inventory | 303,000 | 384,000 | 0.00 | -- |
| Prepaid Assets | 15,000 | 0.00 | 49,000 | 0.00 |
| Current Assets | 4.1M | 858,000 | 995,000 | 472,737 |
| Gross PPE | 434,000 | 394,000 | 435,000 | 306,632 |
| Accumulated Depreciation | -163,000 | -130,000 | -102,000 | -76,904 |
| Net PPE | 271,000 | 264,000 | 333,000 | 229,728 |
| Goodwill And Other Intangible Assets | 2.9M | 3.1M | 3.5M | 4.2M |
| Other Intangible Assets | 2.9M | 3.1M | 3.5M | 4.2M |
| Total Non Current Assets | 3.2M | 3.4M | 3.8M | 4.4M |
| Total Assets | 7.3M | 4.3M | 4.8M | 4.9M |
| Current Debt | 50,000 | 187,000 | 392,000 | 1.1M |
| Current Debt And Capital Lease Obligation | 112,000 | 281,000 | 392,000 | 1.1M |
| Accounts Payable | 121,000 | 211,000 | 239,000 | 42,368 |
| Payables | 417,000 | 440,000 | 401,000 | 122,340 |
| Payables And Accrued Expenses | 613,000 | 690,000 | 573,000 | 312,075 |
| Current Accrued Expenses | 196,000 | 250,000 | 172,000 | 189,735 |
| Current Deferred Revenue | -- | 44,000 | 43,000 | 40,000 |
| Other Current Liabilities | 1.3M | 73,000 | 4,000 | 6,760 |
| Current Liabilities | 2.1M | 1.1M | 1.0M | 1.5M |
| Long Term Debt And Capital Lease Obligation | 78,000 | 35,000 | 179,000 | 93,821 |
| Long Term Capital Lease Obligation | 78,000 | 35,000 | 179,000 | 93,821 |
| Other Non Current Liabilities | 147,000 | 265,000 | 339,000 | 735,000 |
| Total Non Current Liabilities Net Minority Interest | 225,000 | 300,000 | 518,000 | 828,821 |
| Total Liabilities Net Minority Interest | 2.3M | 1.4M | 1.5M | 2.3M |
| Common Stock | 22.8M | 16.1M | 14.0M | 1.1M |
| Capital Stock | 22.8M | 16.1M | 14.0M | 1.1M |
| Retained Earnings | -29.1M | -24.0M | -21.6M | -8.0M |
| Gains Losses Not Affecting Retained Earnings | 583,000 | 485,000 | 601,000 | 902,244 |
| Common Stock Equity | 4.1M | 2.0M | 2.3M | 1.6M |
| Stockholders Equity | 4.1M | 2.0M | 2.3M | 1.6M |
| Total Equity Gross Minority Interest | 5.0M | 2.9M | 3.3M | 2.5M |
| Minority Interest | 920,000 | 920,000 | 920,000 | 920,245 |
| Total Capitalization | 4.1M | 2.0M | 2.3M | 1.6M |
| Net Tangible Assets | 1.2M | -1.2M | -1.1M | -2.5M |
| Tangible Book Value | 1.2M | -1.2M | -1.1M | -2.5M |
| Working Capital | 2.0M | -230,000 | -17,000 | -1.0M |
| Invested Capital | 4.1M | 2.2M | 2.7M | 2.8M |
| Total Debt | 190,000 | 316,000 | 571,000 | 1.2M |
| Net Debt | -- | -- | -- | 742,725 |
| Share Issued | 61.6M | 53.0M | 48.9M | 48.8M |
| Ordinary Shares Number | 61.6M | 53.0M | 48.9M | 48.8M |
| Capital Lease Obligations | 140,000 | 129,000 | 179,000 | 93,821 |
| Current Capital Lease Obligation | 62,000 | 94,000 | 0.00 | -- |
| Current Deferred Liabilities | 50,000 | 44,000 | 43,000 | 40,000 |
| Dueto Related Parties Current | -- | -- | -- | 12,353 |
| Finished Goods | 200,000 | 154,000 | -- | -- |
| Foreign Currency Translation Adjustments | 583,000 | 485,000 | 601,000 | 902,244 |
| Leases | 65,000 | 65,000 | 67,000 | 72,068 |
| Loans Receivable | -- | -- | -- | 775,583 |
| Machinery Furniture Equipment | 217,000 | 199,000 | 190,000 | 156,071 |
| Other Current Borrowings | 50,000 | 187,000 | 392,000 | 1.1M |
| Other Equity Interest | 9.9M | 9.4M | 9.3M | 7.6M |
| Other Payable | 296,000 | 229,000 | 162,000 | 79,972 |
| Other Properties | 152,000 | 130,000 | 178,000 | 78,493 |
| Other Receivables | 155,000 | 63,000 | 64,000 | 62,298 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 103,000 | 230,000 | -- | -- |
| Restricted Cash | -- | 0.00 | 6,000 | 22,285 |
| Taxes Receivable | -- | -- | -- | 14,932 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -2.8M | -2.5M | -2.4M | -827,599 |
| Cash Flow From Continuing Operating Activities | -2.8M | -2.5M | -2.4M | -827,599 |
| Depreciation And Amortization | 325,000 | 320,000 | 308,000 | 293,859 |
| Depreciation Amortization Depletion | 325,000 | 320,000 | 308,000 | 293,859 |
| Stock Based Compensation | 537,000 | 49,000 | 1.3M | 383,896 |
| Change In Working Capital | -156,000 | -371,000 | 164,000 | 607,597 |
| Changes In Account Receivables | -126,000 | 45,000 | -40,397 | -19,706 |
| Change In Receivables | -126,000 | 45,000 | -40,397 | -19,706 |
| Change In Inventory | 78,000 | -379,000 | 0.00 | -- |
| Change In Payables And Accrued Expense | 26,000 | -13,000 | 100,000 | 243,313 |
| Change In Payable | 26,000 | -13,000 | 100,000 | 243,313 |
| Change In Other Working Capital | -140,000 | -27,000 | 96,000 | -- |
| Change In Other Current Liabilities | -- | 45,000 | -40,000 | 439,282 |
| Other Non Cash Items | 128,000 | -41,000 | 9.6M | 11,073 |
| Capital Expenditure | -19,000 | -16,000 | -57,000 | -20,594 |
| Purchase Of PPE | -19,000 | -16,000 | -57,000 | -20,594 |
| Net PPE Purchase And Sale | -19,000 | -16,000 | -57,000 | -20,594 |
| Investing Cash Flow | -19,000 | -11,000 | 325,000 | -40,587 |
| Cash Flow From Continuing Investing Activities | -19,000 | -11,000 | 325,000 | -40,587 |
| Repayment Of Debt | -104,000 | -82,000 | -45,000 | -21,878 |
| Net Issuance Payments Of Debt | -104,000 | -82,000 | -825,000 | 758,122 |
| Issuance Of Capital Stock | 4.7M | 2.2M | 3.3M | 0.00 |
| Net Common Stock Issuance | 4.7M | 2.2M | 3.3M | 0.00 |
| Financing Cash Flow | 6.2M | 2.1M | 2.6M | 758,122 |
| Cash Flow From Continuing Financing Activities | 6.2M | 2.1M | 2.6M | 758,122 |
| Effect Of Exchange Rate Changes | -123,000 | 2,000 | -25,000 | 12,186 |
| Changes In Cash | 3.3M | -467,000 | 513,000 | -110,064 |
| Beginning Cash Position | 411,000 | 876,000 | 388,000 | 486,032 |
| End Cash Position | 3.6M | 411,000 | 876,000 | 388,154 |
| Free Cash Flow | -2.8M | -2.6M | -2.4M | -848,193 |
| Income Tax Paid Supplemental Data | -- | -- | -- | 0.00 |
| Interest Paid Supplemental Data | -- | -- | -- | 0.00 |
| Change In Prepaid Assets | 6,000 | 3,000 | 8,000 | -55,292 |
| Common Stock Issuance | 4.7M | 2.2M | 3.3M | 0.00 |
| Gain Loss On Investment Securities | 1.4M | -57,000 | -127,000 | 341,760 |
| Gain Loss On Sale Of PPE | -- | -- | 0.00 | 8,434 |
| Interest Paid Cfo | -13,000 | -17,000 | -13,000 | -11,073 |
| Long Term Debt Payments | -104,000 | -82,000 | -45,000 | -21,878 |
| Net Foreign Currency Exchange Gain Loss | -- | -- | -- | 7,987 |
| Net Income From Continuing Operations | -5.1M | -2.4M | -13.6M | -2.5M |
| Net Long Term Debt Issuance | -104,000 | -82,000 | -45,000 | -21,878 |
| Net Other Financing Charges | -71,000 | -- | -- | -- |
| Net Other Investing Changes | -- | 5,000 | 382,000 | -19,993 |
| Net Short Term Debt Issuance | -- | 0.00 | -780,000 | 780,000 |
| Operating Gains Losses | 1.4M | -57,000 | -127,000 | 350,194 |
| Proceeds From Stock Option Exercised | 1.7M | 0.00 | 88,000 | 0.00 |
| Unrealized Gain Loss On Investment Securities | -- | -- | 348,803 | 0.00 |