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 | 43.4M | 43.7M | 47.1M | 46.0M |
| Operating Revenue | 57.3M | 58.5M | 63.9M | 63.0M |
| Cost Of Revenue | 32.6M | 30.7M | 36.6M | 31.2M |
| Gross Profit | 10.7M | 13.0M | 10.5M | 14.8M |
| Selling General And Administration | 16.3M | 13.9M | 16.7M | 16.2M |
| General And Administrative Expense | 6.3M | 4.8M | 6.3M | 5.6M |
| Depreciation And Amortization In Income Statement | 533,000 | 625,000 | 696,000 | 664,000 |
| Operating Expense | 16.9M | 14.5M | 17.4M | 16.8M |
| Operating Income | -6.1M | -1.6M | -6.9M | -2.0M |
| EBIT | -10.9M | -1.1M | -8.1M | -3.7M |
| Interest Expense | 2.6M | 2.1M | 954,000 | 402,000 |
| Interest Expense Non Operating | 2.6M | 2.1M | 954,000 | 402,000 |
| Net Interest Income | -2.6M | -2.1M | -982,000 | -443,000 |
| Other Income Expense | -4.7M | 427,000 | -1.2M | -1.6M |
| Other Non Operating Income Expenses | -342,000 | 98,000 | -930,000 | 22,000 |
| Special Income Charges | -4.4M | 329,000 | -237,000 | -1.6M |
| Write Off | -- | -- | 0.00 | 930,000 |
| Pretax Income | -13.5M | -3.2M | -9.1M | -4.1M |
| Tax Provision | 0.00 | -312,000 | -2.0M | -819,000 |
| Tax Effect Of Unusual Items | 0.00 | 31,633 | -51,409 | -330,333 |
| Net Income From Continuing And Discontinued Operation | -13.5M | -2.9M | -7.1M | -3.3M |
| Net Income From Continuing Operation Net Minority Interest | -13.5M | -2.9M | -7.1M | -3.3M |
| Net Income Including Noncontrolling Interests | -13.5M | -2.9M | -7.1M | -3.3M |
| Net Income Common Stockholders | -13.5M | -2.9M | -7.1M | -3.3M |
| Net Income | -13.5M | -2.9M | -7.1M | -3.3M |
| EBITDA | -8.0M | 2.6M | -4.2M | -339,000 |
| Normalized EBITDA | -3.6M | 2.3M | -4.0M | 1.3M |
| Reconciled Depreciation | 2.9M | 3.7M | 3.9M | 3.3M |
| Basic EPS | -1.92 | -0.42 | -1.02 | -0.47 |
| Diluted EPS | -1.92 | -0.42 | -1.02 | -0.47 |
| Basic Average Shares | 7.0M | 7.0M | 7.0M | 6.9M |
| Diluted Average Shares | 7.0M | 7.0M | 7.0M | 6.9M |
| Total Unusual Items | -4.4M | 329,000 | -237,000 | -1.6M |
| Total Unusual Items Excluding Goodwill | -4.4M | 329,000 | -237,000 | -1.6M |
| Tax Rate For Calcs | 0.00 | 0.10 | 0.22 | 0.20 |
| Normalized Income | -9.1M | -3.2M | -6.9M | -1.9M |
| Depreciation Amortization Depletion Income Statement | 533,000 | 625,000 | 696,000 | 664,000 |
| Diluted NI Availto Com Stockholders | -13.5M | -2.9M | -7.1M | -3.3M |
| Excise Taxes | 13.9M | 14.8M | 16.8M | 17.1M |
| Gain On Sale Of Ppe | -2.8M | 329,000 | -237,000 | -767,000 |
| Impairment Of Capital Assets | 1.6M | 0.00 | -- | 0.00 |
| Net Income Continuous Operations | -13.5M | -2.9M | -7.1M | -3.3M |
| Net Non Operating Interest Income Expense | -2.6M | -2.1M | -982,000 | -443,000 |
| Other Gand A | 6.3M | 4.8M | 6.3M | 5.6M |
| Other Special Charges | -- | -- | -- | -53,000 |
| Reconciled Cost Of Revenue | 30.3M | 27.6M | 33.4M | 28.5M |
| Selling And Marketing Expense | 10.1M | 9.1M | 10.4M | 10.6M |
| Total Expenses | 49.5M | 45.2M | 54.0M | 48.0M |
| Total Operating Income As Reported | -6.1M | -1.6M | -6.9M | -2.0M |
| Total Other Finance Cost | -- | 10,000 | 28,000 | 41,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 372,000 | 1.0M | 612,000 | 228,000 |
| Cash Cash Equivalents And Short Term Investments | 372,000 | 1.0M | 612,000 | 228,000 |
| Cash Financial | 372,000 | 1.0M | 612,000 | 228,000 |
| Accounts Receivable | 2.4M | 2.1M | 1.8M | 1.6M |
| Receivables | 2.8M | 2.9M | 2.5M | 2.2M |
| Inventory | 6.3M | 8.9M | 5.8M | 6.7M |
| Prepaid Assets | 1.4M | 1.7M | 369,000 | 463,000 |
| Current Assets | 11.0M | 14.6M | 9.9M | 9.6M |
| Gross PPE | 54.0M | 67.1M | 67.6M | 70.7M |
| Accumulated Depreciation | -25.8M | -30.4M | -28.1M | -28.0M |
| Net PPE | 28.2M | 36.7M | 39.5M | 42.7M |
| Goodwill And Other Intangible Assets | 766,000 | 1.4M | 2.2M | 2.6M |
| Other Intangible Assets | 766,000 | 1.4M | 2.2M | 2.6M |
| Total Non Current Assets | 29.1M | 38.2M | 41.7M | 45.2M |
| Total Assets | 40.1M | 52.8M | 51.6M | 54.8M |
| Current Debt | 18.7M | 4.8M | 5.7M | 2.7M |
| Current Debt And Capital Lease Obligation | 18.8M | 5.5M | 6.4M | 3.4M |
| Accounts Payable | 4.1M | 6.3M | 4.6M | 3.6M |
| Payables | 5.3M | 7.6M | 5.2M | 4.1M |
| Payables And Accrued Expenses | 11.8M | 10.4M | 8.1M | 5.8M |
| Current Accrued Expenses | 6.5M | 2.8M | 2.9M | 1.6M |
| Current Liabilities | 30.8M | 16.2M | 15.1M | 9.8M |
| Long Term Debt | -- | 11.7M | 8.0M | 7.5M |
| Long Term Debt And Capital Lease Obligation | 53,000 | 14.1M | 11.1M | 11.2M |
| Long Term Capital Lease Obligation | 53,000 | 2.3M | 3.1M | 3.6M |
| Total Non Current Liabilities Net Minority Interest | 53,000 | 14.1M | 11.3M | 13.3M |
| Total Liabilities Net Minority Interest | 30.9M | 30.3M | 26.4M | 23.1M |
| Common Stock | 113.9M | 113.8M | 113.7M | 113.6M |
| Capital Stock | 113.9M | 113.8M | 113.7M | 113.6M |
| Additional Paid In Capital | 3.2M | 3.2M | 3.0M | 2.5M |
| Retained Earnings | -107.9M | -94.4M | -91.5M | -84.4M |
| Common Stock Equity | 9.2M | 22.5M | 25.2M | 31.7M |
| Stockholders Equity | 9.2M | 22.5M | 25.2M | 31.7M |
| Total Equity Gross Minority Interest | 9.2M | 22.5M | 25.2M | 31.7M |
| Total Capitalization | 9.2M | 34.3M | 33.2M | 39.2M |
| Net Tangible Assets | 8.4M | 21.2M | 23.0M | 29.1M |
| Tangible Book Value | 8.4M | 21.2M | 23.0M | 29.1M |
| Working Capital | -19.8M | -1.6M | -5.2M | -240,000 |
| Invested Capital | 27.9M | 39.1M | 39.0M | 41.9M |
| Total Debt | 18.9M | 19.6M | 17.5M | 14.6M |
| Net Debt | 18.3M | 15.6M | 13.1M | 10.0M |
| Share Issued | 7.0M | 7.0M | 7.0M | 6.9M |
| Ordinary Shares Number | 7.0M | 7.0M | 7.0M | 6.9M |
| Allowance For Doubtful Accounts Receivable | 0.00 | -632,000 | -930,000 | -930,000 |
| Assets Held For Sale Current | 51,000 | 51,000 | 625,000 | 0.00 |
| Capital Lease Obligations | 218,000 | 3.0M | 3.8M | 4.4M |
| Current Capital Lease Obligation | 165,000 | 659,000 | 668,000 | 738,000 |
| Employee Benefits | -- | -- | -- | 0.00 |
| Finished Goods | 3.9M | 6.6M | 3.5M | 3.4M |
| Gross Accounts Receivable | 2.4M | 2.7M | 2.7M | 2.5M |
| Interest Payable | 2.3M | 932,000 | -- | -- |
| Machinery Furniture Equipment | 35.0M | 36.6M | 36.8M | 40.5M |
| Non Current Deferred Assets | 134,000 | 134,000 | 0.00 | -- |
| Non Current Deferred Liabilities | -- | 0.00 | 178,000 | 2.1M |
| Non Current Deferred Taxes Assets | 134,000 | 134,000 | 0.00 | -- |
| Non Current Deferred Taxes Liabilities | -- | 0.00 | 178,000 | 2.1M |
| Other Current Borrowings | 18.7M | 4.8M | 5.7M | 2.7M |
| Other Payable | 518,000 | 517,000 | 612,000 | 495,000 |
| Other Properties | 773,000 | 3.8M | 4.1M | 3.9M |
| Other Receivables | 206,000 | 452,000 | 287,000 | 332,000 |
| Pensionand Other Post Retirement Benefit Plans Current | 141,000 | 263,000 | 629,000 | 641,000 |
| Properties | 18.2M | 26.7M | 26.7M | 26.3M |
| Raw Materials | 1.8M | 1.9M | 1.7M | 2.5M |
| Receivables Adjustments Allowances | 0.00 | -3,000 | -63,000 | -45,000 |
| Taxes Receivable | 161,000 | 400,000 | 563,000 | 329,000 |
| Total Tax Payable | 636,000 | 728,000 | -- | -- |
| Work In Process | 620,000 | 484,000 | 527,000 | 831,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -1.5M | -2.4M | -1.3M | 962,000 |
| Cash Flow From Continuing Operating Activities | -1.5M | -2.4M | -1.3M | 962,000 |
| Depreciation And Amortization | 2.9M | 3.7M | 3.9M | 3.3M |
| Depreciation Amortization Depletion | 2.9M | 3.7M | 3.9M | 3.3M |
| Stock Based Compensation | -118,000 | -90,000 | 600,000 | 802,000 |
| Deferred Tax | 0.00 | -312,000 | -2.0M | -819,000 |
| Deferred Income Tax | 0.00 | -312,000 | -2.0M | -819,000 |
| Change In Working Capital | 4.8M | -2.7M | 2.9M | 174,000 |
| Changes In Account Receivables | 129,000 | -384,000 | -382,000 | -- |
| Change In Receivables | 129,000 | -384,000 | -382,000 | -- |
| Change In Inventory | 2.6M | -3.2M | 950,000 | -- |
| Change In Payables And Accrued Expense | 1.4M | 2.3M | 2.3M | -- |
| Change In Other Working Capital | 334,000 | -157,000 | -12,000 | -- |
| Change In Other Current Assets | -6,000 | 40,000 | -2,000 | -- |
| Change In Other Current Liabilities | -- | 0.00 | -12,000 | -- |
| Other Non Cash Items | 50,000 | 264,000 | 69,000 | -40,000 |
| Capital Expenditure | -3.3M | -268,000 | -1.3M | -8.3M |
| Purchase Of PPE | -3.3M | -268,000 | -1.1M | -7.5M |
| Net PPE Purchase And Sale | -440,000 | 788,000 | -744,000 | -5.0M |
| Investing Cash Flow | -479,000 | 827,000 | -966,000 | -5.2M |
| Cash Flow From Continuing Investing Activities | -479,000 | 827,000 | -966,000 | -5.2M |
| Issuance Of Debt | 2.8M | 2.7M | -- | -- |
| Repayment Of Debt | -1.3M | -883,000 | -977,000 | -1.9M |
| Net Issuance Payments Of Debt | 1.5M | 1.9M | 2.6M | 5.4M |
| Issuance Of Capital Stock | 135,000 | 0.00 | 126,000 | -- |
| Repurchase Of Capital Stock | -- | -20,000 | -- | -471,000 |
| Net Common Stock Issuance | 135,000 | -20,000 | 126,000 | -471,000 |
| Common Stock Payments | -- | -20,000 | -- | -471,000 |
| Financing Cash Flow | 1.3M | 2.0M | 2.7M | 4.3M |
| Cash Flow From Continuing Financing Activities | 1.3M | 2.0M | 2.7M | 4.3M |
| Changes In Cash | -667,000 | 427,000 | 384,000 | -24,000 |
| Beginning Cash Position | 1.0M | 612,000 | 228,000 | 252,000 |
| End Cash Position | 372,000 | 1.0M | 612,000 | 228,000 |
| Free Cash Flow | -4.8M | -2.6M | -2.6M | -7.4M |
| Income Tax Paid Supplemental Data | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Paid Supplemental Data | 1.1M | 1.3M | 936,000 | 423,000 |
| Amortization Cash Flow | 600,000 | 824,000 | 647,000 | -- |
| Amortization Of Intangibles | 600,000 | 824,000 | 647,000 | -- |
| Asset Impairment Charge | 1.6M | 0.00 | -- | -- |
| Change In Prepaid Assets | 279,000 | -1.3M | 94,000 | -- |
| Common Stock Issuance | 135,000 | 0.00 | 126,000 | -- |
| Depreciation | 2.3M | 2.9M | 3.2M | -- |
| Gain Loss On Sale Of PPE | 2.8M | -329,000 | 237,000 | 767,000 |
| Long Term Debt Issuance | 2.8M | 2.7M | -- | -- |
| Long Term Debt Payments | -1.3M | -883,000 | -977,000 | -1.9M |
| Net Income From Continuing Operations | -13.5M | -2.9M | -7.1M | -3.3M |
| Net Intangibles Purchase And Sale | -- | 0.00 | -222,000 | -800,000 |
| Net Long Term Debt Issuance | 1.5M | 1.9M | 2.6M | 5.4M |
| Net Other Financing Charges | -295,000 | 118,000 | -- | -621,000 |
| Net Other Investing Changes | -39,000 | 39,000 | -- | 532,000 |
| Net Short Term Debt Issuance | -736,000 | 0.00 | -- | -- |
| Operating Gains Losses | 2.8M | -329,000 | 237,000 | 767,000 |
| Purchase Of Intangibles | -- | 0.00 | -222,000 | -800,000 |
| Sale Of PPE | 2.9M | 1.1M | 318,000 | 2.6M |
| Short Term Debt Payments | -736,000 | 0.00 | -- | -- |