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 | 102.0M | 93.5M | 84.7M | 58.3M |
| Operating Revenue | 102.0M | 93.5M | 84.7M | 58.3M |
| Cost Of Revenue | 48.0M | 43.6M | 39.7M | 30.0M |
| Gross Profit | 54.0M | 49.9M | 45.1M | 28.3M |
| Selling General And Administration | 38.1M | 35.7M | 34.1M | 26.3M |
| General And Administrative Expense | 36.3M | 33.6M | 31.7M | 25.9M |
| Depreciation And Amortization In Income Statement | 16.9M | 13.1M | 8.5M | 4.8M |
| Other Operating Expenses | 2.2M | 2.5M | 2.7M | 1.6M |
| Operating Expense | 57.2M | 51.2M | 45.2M | 32.7M |
| Operating Income | -3.1M | -1.3M | -128,000 | -4.4M |
| EBIT | -3.9M | -710,000 | -941,000 | -6.4M |
| Interest Expense | 2.8M | 2.2M | 985,000 | 245,000 |
| Interest Expense Non Operating | 2.8M | 2.2M | 985,000 | 245,000 |
| Interest Income | -- | 1,000 | 13,000 | 61,000 |
| Interest Income Non Operating | -- | 1,000 | 13,000 | 61,000 |
| Net Interest Income | -2.8M | -2.2M | -972,000 | -184,000 |
| Other Income Expense | -798,000 | 551,000 | -826,000 | -2.1M |
| Special Income Charges | -299,000 | 531,000 | -713,000 | -1.9M |
| Restructuring And Mergern Acquisition | 30,000 | 440,000 | 101,000 | 1.3M |
| Write Off | 438,000 | -376,000 | 649,000 | 602,000 |
| Gain On Sale Of Security | -499,000 | 20,000 | -113,000 | -156,000 |
| Pretax Income | -6.7M | -2.9M | -1.9M | -6.7M |
| Tax Provision | -1.6M | 910,000 | 1.6M | 826,000 |
| Tax Effect Of Unusual Items | -184,969 | 220,400 | -216,495 | -555,970 |
| Net Income From Continuing And Discontinued Operation | -5.1M | -3.8M | -3.5M | -7.5M |
| Net Income From Continuing Operation Net Minority Interest | -5.1M | -3.8M | -3.5M | -7.5M |
| Net Income Including Noncontrolling Interests | -5.1M | -3.8M | -3.5M | -7.5M |
| Net Income Common Stockholders | -5.1M | -3.8M | -3.5M | -7.5M |
| Net Income | -5.1M | -3.8M | -3.5M | -7.5M |
| EBITDA | 12.9M | 12.4M | 7.5M | -1.6M |
| Normalized EBITDA | 13.7M | 11.8M | 8.3M | 454,000 |
| Reconciled Depreciation | 16.9M | 13.1M | 8.5M | 4.8M |
| Basic EPS | -0.21 | -0.17 | -0.16 | -0.39 |
| Diluted EPS | -0.21 | -0.17 | -0.16 | -0.39 |
| Basic Average Shares | 24.3M | 22.6M | 21.4M | 19.5M |
| Diluted Average Shares | 24.3M | 22.6M | 21.4M | 19.5M |
| Total Unusual Items | -798,000 | 551,000 | -826,000 | -2.1M |
| Total Unusual Items Excluding Goodwill | -798,000 | 551,000 | -826,000 | -2.1M |
| Tax Rate For Calcs | 0.23 | 0.40 | 0.26 | 0.27 |
| Normalized Income | -4.5M | -4.2M | -2.9M | -6.0M |
| Depreciation Amortization Depletion Income Statement | 16.9M | 13.1M | 8.5M | 4.8M |
| Diluted NI Availto Com Stockholders | -5.1M | -3.8M | -3.5M | -7.5M |
| Gain On Sale Of Business | -- | 0.00 | 37,000 | 98,000 |
| Gain On Sale Of Ppe | -- | -- | 0.00 | -89,000 |
| Net Income Continuous Operations | -5.1M | -3.8M | -3.5M | -7.5M |
| Net Income Discontinuous Operations | -- | -- | -- | 0.00 |
| Net Non Operating Interest Income Expense | -2.8M | -2.2M | -972,000 | -184,000 |
| Other Gand A | 12.5M | 8.7M | 8.5M | 6.4M |
| Other Special Charges | -169,000 | -595,000 | -- | -- |
| Reconciled Cost Of Revenue | 48.0M | 43.6M | 39.7M | 30.0M |
| Salaries And Wages | 23.8M | 24.9M | 23.1M | 19.5M |
| Selling And Marketing Expense | 1.8M | 2.0M | 2.4M | 393,000 |
| Total Expenses | 105.2M | 94.8M | 84.9M | 62.7M |
| Total Operating Income As Reported | -3.5M | -777,000 | -828,000 | -6.3M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 10.5M | 8.8M | 11.3M | 16.0M |
| Cash Cash Equivalents And Short Term Investments | 10.5M | 8.8M | 11.3M | 16.0M |
| Accounts Receivable | 19.6M | 18.6M | 16.2M | 8.2M |
| Receivables | 20.1M | 18.6M | 16.6M | 8.5M |
| Prepaid Assets | 1.5M | 1.3M | 1.7M | 2.4M |
| Other Current Assets | 1.1M | 372,000 | 128,000 | 20,000 |
| Current Assets | 33.2M | 29.1M | 29.7M | 27.0M |
| Gross PPE | 6.2M | 5.1M | 1.2M | 831,000 |
| Accumulated Depreciation | -1.4M | -1.2M | -- | -- |
| Net PPE | 4.9M | 3.9M | 1.2M | 831,000 |
| Goodwill | 32.7M | 31.9M | 31.7M | 24.7M |
| Goodwill And Other Intangible Assets | 68.6M | 70.1M | 73.4M | 55.6M |
| Other Intangible Assets | 35.9M | 38.1M | 41.7M | 30.8M |
| Other Non Current Assets | -- | 348,000 | 47,000 | 28,000 |
| Total Non Current Assets | 73.4M | 74.3M | 74.7M | 56.4M |
| Total Assets | 106.6M | 103.4M | 104.4M | 83.4M |
| Current Debt | 6.6M | 2.4M | 109,000 | -- |
| Current Debt And Capital Lease Obligation | 7.5M | 3.2M | 403,000 | 149,000 |
| Accounts Payable | 3.2M | 7.5M | 4.3M | 1.5M |
| Payables | 3.7M | 8.8M | 5.8M | 2.8M |
| Payables And Accrued Expenses | 20.4M | 22.8M | 20.7M | 15.1M |
| Current Accrued Expenses | 16.7M | 14.0M | 14.8M | 12.4M |
| Current Deferred Revenue | -- | 0.00 | 746,000 | 27,000 |
| Other Current Liabilities | -- | 471,000 | 1.3M | -- |
| Current Liabilities | 29.1M | 27.9M | 24.3M | 15.3M |
| Long Term Debt | -- | -- | 6.6M | -- |
| Long Term Debt And Capital Lease Obligation | 2.8M | 2.6M | 7.0M | 451,000 |
| Long Term Capital Lease Obligation | 2.8M | 2.6M | 344,000 | 451,000 |
| Other Non Current Liabilities | 487,000 | 373,000 | 233,000 | 184,000 |
| Total Non Current Liabilities Net Minority Interest | 4.0M | 5.2M | 10.5M | 1.9M |
| Total Liabilities Net Minority Interest | 33.1M | 33.1M | 34.9M | 17.2M |
| Common Stock | 131.7M | 120.0M | 109.9M | 100.3M |
| Capital Stock | 131.7M | 120.0M | 109.9M | 100.3M |
| Additional Paid In Capital | 17.7M | 19.9M | 20.7M | 18.4M |
| Retained Earnings | -81.2M | -76.1M | -72.2M | -68.7M |
| Gains Losses Not Affecting Retained Earnings | 5.3M | 2.9M | 4.1M | 2.5M |
| Other Equity Adjustments | 5.3M | 2.9M | 4.1M | 2.5M |
| Common Stock Equity | 73.5M | 70.2M | 69.5M | 66.2M |
| Stockholders Equity | 73.5M | 70.2M | 69.5M | 66.2M |
| Total Equity Gross Minority Interest | 73.5M | 70.2M | 69.5M | 66.2M |
| Total Capitalization | 73.5M | 70.2M | 76.2M | 66.2M |
| Net Tangible Assets | 4.9M | 193,000 | -3.8M | 10.6M |
| Tangible Book Value | 4.9M | 193,000 | -3.8M | 10.6M |
| Working Capital | 4.0M | 1.2M | 5.4M | 11.6M |
| Invested Capital | 80.1M | 72.7M | 76.3M | 66.2M |
| Total Debt | 10.3M | 5.7M | 7.4M | 600,000 |
| Share Issued | 25.0M | 23.0M | 21.1M | 20.0M |
| Ordinary Shares Number | 25.0M | 23.0M | 21.1M | 20.0M |
| Allowance For Doubtful Accounts Receivable | -2.5M | -2.1M | -2.4M | -2.4M |
| Capital Lease Obligations | 3.7M | 3.3M | 638,000 | 600,000 |
| Current Capital Lease Obligation | 882,000 | 709,000 | 294,000 | 149,000 |
| Current Deferred Liabilities | 1.2M | 1.5M | 1.9M | 27,000 |
| Current Notes Payable | -- | -- | 109,000 | 0.00 |
| Gross Accounts Receivable | 22.1M | 20.7M | 18.7M | 10.6M |
| Income Tax Payable | 463,000 | 917,000 | 1.1M | 784,000 |
| Leases | 4.9M | 4.4M | -- | -- |
| Non Current Deferred Liabilities | 680,000 | 2.3M | 3.3M | 1.2M |
| Non Current Deferred Taxes Liabilities | 680,000 | 852,000 | 1.2M | 1.2M |
| Other Current Borrowings | 6.6M | 2.4M | 109,000 | -- |
| Other Equity Interest | -- | 3.5M | 7.0M | 13.8M |
| Other Payable | 44,000 | 347,000 | 405,000 | 69,000 |
| Other Properties | 1.3M | 640,000 | 1.2M | 831,000 |
| Other Receivables | -- | -- | -- | 56,000 |
| Properties | 0.00 | 0.00 | -- | -- |
| Taxes Receivable | 514,000 | 0.00 | 397,000 | 223,000 |
| Total Tax Payable | 463,000 | 929,000 | 1.1M | 1.2M |
| Treasury Shares Number | -- | 0.00 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 11.2M | 11.7M | 5.8M | 115,000 |
| Cash Flow From Continuing Operating Activities | 11.2M | 11.7M | 5.8M | 115,000 |
| Depreciation And Amortization | 16.9M | 13.1M | 8.5M | 4.8M |
| Depreciation Amortization Depletion | 16.9M | 13.1M | 8.5M | 4.8M |
| Stock Based Compensation | 809,000 | 2.1M | 3.8M | 4.7M |
| Deferred Tax | -1.6M | 910,000 | 1.6M | -172,000 |
| Deferred Income Tax | -1.6M | 910,000 | 1.6M | -172,000 |
| Change In Working Capital | -3.8M | -455,000 | -3.6M | -2.0M |
| Change In Receivables | -1.4M | -2.0M | -7.7M | 2.3M |
| Change In Payables And Accrued Expense | -1.9M | 2.3M | 4.6M | -3.2M |
| Change In Payable | -1.9M | 2.3M | 4.6M | -3.2M |
| Change In Other Working Capital | -- | -746,000 | 354,000 | -75,000 |
| Change In Other Current Liabilities | 114,000 | 140,000 | 49,000 | 37,000 |
| Other Non Cash Items | 2.6M | 2.7M | 378,000 | 242,000 |
| Capital Expenditure | -13.2M | -9.7M | -7.9M | -3.3M |
| Purchase Of PPE | -1.1M | -332,000 | -544,000 | -123,000 |
| Net PPE Purchase And Sale | -1.1M | -332,000 | -544,000 | -123,000 |
| Purchase Of Business | -- | 0.00 | -9.3M | -21.0M |
| Sale Of Business | -- | 0.00 | 266,000 | 124,000 |
| Investing Cash Flow | -13.2M | -9.7M | -16.9M | -23.9M |
| Cash Flow From Continuing Investing Activities | -13.2M | -9.7M | -17.0M | -24.1M |
| Issuance Of Debt | 6.5M | 0.00 | 8.1M | 0.00 |
| Repayment Of Debt | -2.2M | -4.4M | -849,000 | -171,000 |
| Net Issuance Payments Of Debt | 4.4M | -4.4M | 7.2M | -171,000 |
| Issuance Of Capital Stock | -- | -- | 0.00 | 1.3M |
| Net Common Stock Issuance | -- | -- | 0.00 | 1.3M |
| Financing Cash Flow | 3.6M | -4.2M | 6.9M | 12.4M |
| Cash Flow From Continuing Financing Activities | 3.6M | -4.2M | 6.9M | 12.4M |
| Effect Of Exchange Rate Changes | 63,000 | -341,000 | -496,000 | 1.3M |
| Changes In Cash | 1.6M | -2.1M | -4.2M | -11.4M |
| Beginning Cash Position | 8.8M | 11.3M | 16.0M | 26.1M |
| End Cash Position | 10.5M | 8.8M | 11.3M | 16.0M |
| Free Cash Flow | -2.0M | 2.0M | -2.2M | -3.2M |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash Flow From Discontinued Operation | -- | -- | -- | 0.00 |
| Cash From Discontinued Investing Activities | -- | 0.00 | 91,000 | 235,000 |
| Change In Account Payable | -1.9M | 2.3M | 4.3M | -2.7M |
| Change In Income Tax Payable | -- | -- | 329,000 | -534,000 |
| Change In Prepaid Assets | -621,000 | -133,000 | -619,000 | -977,000 |
| Change In Tax Payable | -- | -- | 329,000 | -534,000 |
| Common Stock Issuance | -- | -- | 0.00 | 1.3M |
| Gain Loss On Investment Securities | 94,000 | 47,000 | -13,000 | -- |
| Gain Loss On Sale Of PPE | -- | -- | 0.00 | 89,000 |
| Interest Paid Cff | -1.1M | -209,000 | -334,000 | -245,000 |
| Long Term Debt Issuance | -- | 0.00 | 8.1M | 0.00 |
| Long Term Debt Payments | -790,000 | -595,000 | -188,000 | -171,000 |
| Net Business Purchase And Sale | -- | 0.00 | -9.0M | -20.9M |
| Net Foreign Currency Exchange Gain Loss | 524,000 | -658,000 | 4,000 | -- |
| Net Income From Continuing Operations | -5.1M | -3.8M | -3.5M | -7.5M |
| Net Intangibles Purchase And Sale | -12.1M | -9.4M | -7.4M | -3.1M |
| Net Long Term Debt Issuance | -790,000 | -595,000 | 7.9M | -171,000 |
| Net Other Financing Charges | -- | 1,000 | 13,000 | 61,000 |
| Net Other Investing Changes | -- | -- | -- | -12.7M |
| Net Short Term Debt Issuance | 5.2M | -3.8M | -661,000 | 0.00 |
| Operating Gains Losses | 449,000 | -1.2M | -9,000 | 89,000 |
| Proceeds From Stock Option Exercised | 364,000 | 440,000 | 14,000 | 11.5M |
| Purchase Of Intangibles | -12.1M | -9.4M | -7.4M | -3.1M |
| Short Term Debt Issuance | 6.5M | -- | -- | -- |
| Short Term Debt Payments | -1.4M | -3.8M | -661,000 | 0.00 |
| Taxes Refund Paid | 927,000 | -1.5M | -1.3M | -- |