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 | 83.6M | 73.0M | 78.2M | 102.5M |
| Operating Revenue | 83.6M | 73.0M | 78.2M | 102.5M |
| Cost Of Revenue | 49.2M | 44.6M | 49.4M | 87.4M |
| Gross Profit | 34.4M | 28.4M | 28.9M | 15.1M |
| Selling General And Administration | 24.1M | 25.7M | 28.1M | 30.3M |
| General And Administrative Expense | 16.2M | 18.6M | 21.2M | 22.4M |
| Research And Development | 12.2M | 11.5M | 10.7M | 13.7M |
| Operating Expense | 36.3M | 37.2M | 38.7M | 44.0M |
| Operating Income | -1.9M | -8.8M | -9.9M | -28.9M |
| EBIT | -4.5M | -3.7M | -9.5M | -57.3M |
| Interest Expense | 3.0M | 4.4M | 3.0M | 3.5M |
| Interest Expense Non Operating | 3.0M | 4.4M | 3.0M | 3.5M |
| Interest Income | 46,000 | 2,000 | 18,000 | 5,000 |
| Interest Income Non Operating | 46,000 | 2,000 | 18,000 | 5,000 |
| Net Interest Income | -3.1M | -4.4M | -3.1M | -3.6M |
| Other Income Expense | -2.6M | 5.2M | 393,000 | -28.3M |
| Other Non Operating Income Expenses | -1.5M | 1.2M | 256,000 | -1.9M |
| Special Income Charges | -2.6M | 3.4M | 0.00 | -26.0M |
| Write Off | 2.6M | 0.00 | 0.00 | 26.0M |
| Gain On Sale Of Security | 1.5M | 657,000 | 137,000 | -474,000 |
| Earnings From Equity Interest | -- | -- | -56,000 | 70,000 |
| Pretax Income | -7.6M | -8.1M | -12.6M | -60.7M |
| Tax Provision | 907,000 | 146,000 | 101,000 | 6.7M |
| Tax Effect Of Unusual Items | -161,550 | 1.6M | 35,908 | -7.0M |
| Net Income From Continuing And Discontinued Operation | -7.9M | -13.9M | -16.9M | -67.4M |
| Net Income From Continuing Operation Net Minority Interest | -8.5M | -8.2M | -12.7M | -67.4M |
| Net Income Including Noncontrolling Interests | -7.9M | -13.9M | -16.9M | -67.4M |
| Net Income Common Stockholders | -7.9M | -13.9M | -16.9M | -67.4M |
| Net Income | -7.9M | -13.9M | -16.9M | -67.4M |
| EBITDA | -1.8M | 190,000 | -1.6M | -46.3M |
| Normalized EBITDA | -713,000 | -3.8M | -1.8M | -19.9M |
| Reconciled Depreciation | 2.7M | 3.9M | 7.9M | 11.0M |
| Basic EPS | -0.05 | -0.16 | -0.21 | -1.09 |
| Diluted EPS | -0.05 | -0.16 | -0.21 | -1.09 |
| Basic Average Shares | 151.1M | 87.3M | 80.2M | 61.8M |
| Diluted Average Shares | 151.1M | 87.3M | 80.2M | 61.8M |
| Total Unusual Items | -1.1M | 4.0M | 137,000 | -26.4M |
| Total Unusual Items Excluding Goodwill | -1.1M | 4.0M | 137,000 | -26.4M |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.26 | 0.27 |
| Normalized Income | -7.5M | -10.6M | -12.8M | -48.0M |
| Diluted NI Availto Com Stockholders | -7.9M | -13.9M | -16.9M | -67.4M |
| Impairment Of Capital Assets | 2.6M | 0.00 | -- | 26.0M |
| Net Income Continuous Operations | -8.5M | -8.2M | -12.7M | -67.4M |
| Net Income Discontinuous Operations | 606,000 | -5.6M | -4.2M | -- |
| Net Non Operating Interest Income Expense | -3.1M | -4.4M | -3.1M | -3.6M |
| Other Gand A | 16.2M | 18.6M | 21.2M | 22.4M |
| Other Special Charges | -- | -3.4M | -- | -- |
| Reconciled Cost Of Revenue | 49.2M | 44.6M | 49.4M | 87.4M |
| Selling And Marketing Expense | 7.9M | 7.1M | 6.8M | 8.0M |
| Total Expenses | 85.5M | 81.8M | 88.1M | 131.4M |
| Total Operating Income As Reported | -4.5M | -5.4M | -9.9M | -54.9M |
| Total Other Finance Cost | 66,000 | 72,000 | 60,000 | 89,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 5.0M | 4.9M | 7.4M | 19.7M |
| Cash Cash Equivalents And Short Term Investments | 5.0M | 4.9M | 7.4M | 19.7M |
| Accounts Receivable | 15.0M | 8.9M | 20.3M | 20.2M |
| Receivables | 16.5M | 11.6M | 22.8M | 22.4M |
| Inventory | 14.7M | 17.6M | 18.4M | 15.8M |
| Prepaid Assets | 1.0M | 1.2M | 1.3M | 1.6M |
| Current Assets | 37.3M | 43.2M | 50.5M | 61.1M |
| Gross PPE | 33.1M | 31.9M | 59.8M | 61.0M |
| Accumulated Depreciation | -22.7M | -19.7M | -40.4M | -38.8M |
| Net PPE | 10.4M | 12.2M | 19.5M | 22.3M |
| Goodwill | -- | -- | -- | 0.00 |
| Goodwill And Other Intangible Assets | 0.00 | 2.9M | 4.3M | 9.3M |
| Other Intangible Assets | -- | 2.9M | 4.3M | 9.3M |
| Investments And Advances | 222,000 | 167,000 | 133,000 | 189,000 |
| Long Term Equity Investment | 222,000 | 167,000 | 133,000 | 189,000 |
| Total Non Current Assets | 11.9M | 16.5M | 23.9M | 31.9M |
| Total Assets | 49.2M | 59.7M | 74.4M | 93.0M |
| Current Debt | 18.7M | 17.7M | 28.9M | 36.7M |
| Current Debt And Capital Lease Obligation | 19.3M | 18.6M | 30.6M | 38.1M |
| Accounts Payable | 12.8M | 9.1M | 18.6M | 20.2M |
| Payables | 13.6M | 9.4M | 19.4M | 21.0M |
| Payables And Accrued Expenses | 19.4M | 14.5M | 24.9M | 27.0M |
| Current Accrued Expenses | 5.8M | 5.1M | 5.5M | 6.0M |
| Current Deferred Revenue | 3.3M | 3.8M | 5.4M | 1.6M |
| Other Current Liabilities | 392,000 | 8.9M | -- | -- |
| Current Liabilities | 44.4M | 47.8M | 60.9M | 66.7M |
| Long Term Debt | 5.1M | 3.3M | 4.6M | 4.9M |
| Long Term Debt And Capital Lease Obligation | 11.4M | 10.1M | 14.2M | 10.7M |
| Long Term Capital Lease Obligation | 6.3M | 6.7M | 9.6M | 10.7M |
| Other Non Current Liabilities | 157,000 | 169,000 | 300,000 | 451,000 |
| Total Non Current Liabilities Net Minority Interest | 13.3M | 11.9M | 16.7M | 14.5M |
| Total Liabilities Net Minority Interest | 57.7M | 59.7M | 77.6M | 81.3M |
| Common Stock | 187.9M | 187.8M | 172.8M | 172.7M |
| Capital Stock | 187.9M | 187.8M | 172.8M | 172.7M |
| Retained Earnings | -214.1M | -206.7M | -192.8M | -175.9M |
| Gains Losses Not Affecting Retained Earnings | 8.4M | 11.1M | 11.2M | 10.8M |
| Other Equity Adjustments | 8.4M | 11.1M | 11.2M | 10.8M |
| Common Stock Equity | -8.5M | -36,000 | -3.3M | 11.8M |
| Stockholders Equity | -8.5M | -36,000 | -3.3M | 11.8M |
| Total Equity Gross Minority Interest | -8.5M | -36,000 | -3.3M | 11.8M |
| Total Capitalization | -3.5M | 3.3M | 1.3M | 11.8M |
| Net Tangible Assets | -8.5M | -3.0M | -7.5M | 2.5M |
| Tangible Book Value | -8.5M | -3.0M | -7.5M | 2.5M |
| Working Capital | -7.1M | -4.6M | -10.4M | -5.6M |
| Invested Capital | 15.2M | 21.0M | 30.3M | 48.5M |
| Total Debt | 30.7M | 28.7M | 44.8M | 48.8M |
| Net Debt | 18.7M | 16.1M | 26.1M | 17.0M |
| Share Issued | 151.4M | 150.8M | 80.3M | 80.1M |
| Ordinary Shares Number | 151.4M | 150.8M | 80.3M | 80.1M |
| Allowance For Doubtful Accounts Receivable | -58,000 | 0.00 | -232,000 | -330,000 |
| Assets Held For Sale Current | 0.00 | 7.9M | 552,000 | 1.6M |
| Buildings And Improvements | 11.9M | 11.7M | 15.1M | 14.3M |
| Capital Lease Obligations | 6.9M | 7.6M | 11.3M | 12.0M |
| Construction In Progress | 39,000 | 33,000 | 0.00 | 588,000 |
| Current Capital Lease Obligation | 590,000 | 901,000 | 1.7M | 1.4M |
| Current Deferred Liabilities | 3.3M | 3.8M | 5.4M | 1.6M |
| Current Provisions | 2.0M | 2.0M | -- | -- |
| Employee Benefits | -- | 0.00 | 1.8M | 2.6M |
| Finished Goods | 4.4M | 4.9M | 7.2M | 8.8M |
| Gross Accounts Receivable | 15.1M | 8.9M | 20.5M | 20.6M |
| Income Tax Payable | 325,000 | 57,000 | 326,000 | 31,000 |
| Land And Improvements | 6.5M | 6.1M | 7.7M | 7.8M |
| Leases | 645,000 | 596,000 | 4.6M | 4.6M |
| Line Of Credit | 18.7M | 17.7M | 28.9M | 31.9M |
| Machinery Furniture Equipment | 13.6M | 13.0M | 32.0M | 33.4M |
| Non Current Accounts Receivable | 1.3M | 1.2M | -- | -- |
| Non Current Deferred Assets | -- | -- | -- | 0.00 |
| Non Current Deferred Liabilities | 66,000 | 0.00 | 447,000 | 853,000 |
| Non Current Deferred Taxes Assets | -- | -- | -- | 0.00 |
| Non Current Deferred Taxes Liabilities | 66,000 | 0.00 | 447,000 | 853,000 |
| Non Current Prepaid Assets | -- | 0.00 | 79,000 | 214,000 |
| Other Current Borrowings | -- | -- | 4.6M | 4.9M |
| Other Equity Interest | 9.3M | 7.7M | 5.5M | 4.2M |
| Other Payable | 474,000 | 302,000 | 502,000 | 779,000 |
| Other Properties | 387,000 | 386,000 | 421,000 | 418,000 |
| Other Receivables | 1.5M | 2.7M | 2.6M | 2.1M |
| Pensionand Other Post Retirement Benefit Plans Current | -- | -- | -- | 1.4M |
| Preferred Securities Outside Stock Equity | 1.7M | 1.7M | -- | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 7.8M | 9.3M | 8.9M | 5.5M |
| Total Tax Payable | 325,000 | 57,000 | 326,000 | 31,000 |
| Work In Process | 2.5M | 3.4M | 2.2M | 1.6M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 464,000 | -7.1M | -5.5M | -6.9M |
| Cash Flow From Continuing Operating Activities | 827,000 | -3.6M | -4.2M | -6.9M |
| Depreciation And Amortization | 2.7M | 3.9M | 7.9M | 11.0M |
| Depreciation Amortization Depletion | 2.7M | 3.9M | 7.9M | 11.0M |
| Stock Based Compensation | 1.7M | 2.3M | 1.4M | 434,000 |
| Deferred Tax | 907,000 | 146,000 | 101,000 | 6.7M |
| Deferred Income Tax | 907,000 | 146,000 | 101,000 | 6.7M |
| Change In Working Capital | 161,000 | 3.0M | -3.6M | 10.6M |
| Changes In Account Receivables | -5.4M | 7.6M | -476,000 | 532,000 |
| Change In Receivables | -5.4M | 7.6M | -476,000 | 532,000 |
| Change In Inventory | 2.3M | -1.9M | -3.2M | -507,000 |
| Change In Payables And Accrued Expense | 1.7M | -2.1M | 1.1M | 6.6M |
| Change In Payable | 1.7M | -2.1M | 1.1M | 6.6M |
| Change In Other Current Assets | 1.6M | -635,000 | -1.1M | 4.0M |
| Other Non Cash Items | 4.6M | 2.1M | 2.8M | 5.4M |
| Capital Expenditure | -137,000 | -312,000 | -1.6M | -1.4M |
| Purchase Of PPE | -137,000 | -312,000 | -1.6M | -1.4M |
| Net PPE Purchase And Sale | -137,000 | -273,000 | -1.6M | -1.4M |
| Investing Cash Flow | -137,000 | -33,000 | -1.6M | -1.4M |
| Cash Flow From Continuing Investing Activities | -137,000 | -33,000 | -1.6M | -1.4M |
| Issuance Of Debt | 424,000 | 4.8M | -- | 3.7M |
| Repayment Of Debt | -990,000 | -16.2M | -5.0M | -5.1M |
| Net Issuance Payments Of Debt | -566,000 | -11.4M | -6.3M | -1.4M |
| Issuance Of Capital Stock | 0.00 | 16.5M | 0.00 | 18.3M |
| Net Common Stock Issuance | 0.00 | 14.8M | 0.00 | 18.3M |
| Financing Cash Flow | -566,000 | 4.8M | -6.3M | 16.9M |
| Cash Flow From Continuing Financing Activities | -566,000 | 5.1M | -6.3M | 16.9M |
| Effect Of Exchange Rate Changes | 342,000 | -214,000 | 1.0M | -99,000 |
| Changes In Cash | -239,000 | -2.3M | -13.3M | 8.6M |
| Beginning Cash Position | 4.9M | 7.4M | 19.7M | 11.2M |
| End Cash Position | 5.0M | 4.9M | 7.4M | 19.7M |
| Free Cash Flow | 327,000 | -7.4M | -7.1M | -8.3M |
| Amortization Cash Flow | 320,000 | 1.3M | 5.0M | 5.1M |
| Amortization Of Intangibles | 320,000 | 1.3M | 5.0M | 5.1M |
| Asset Impairment Charge | 2.6M | -3.4M | 0.00 | 26.0M |
| Cash From Discontinued Financing Activities | 0.00 | -262,000 | 0.00 | -- |
| Cash From Discontinued Operating Activities | -363,000 | -3.5M | -1.2M | -- |
| Change In Account Payable | 1.7M | -2.1M | 1.1M | 6.6M |
| Common Stock Issuance | 0.00 | 14.8M | 0.00 | 18.3M |
| Depreciation | 2.4M | 2.5M | 2.9M | 5.9M |
| Earnings Losses From Equity Investments | -56,000 | -33,000 | 56,000 | -70,000 |
| Gain Loss On Sale Of PPE | 0.00 | -10,000 | -17,000 | 62,000 |
| Interest Paid Cfo | -2.5M | -3.9M | -2.7M | -2.5M |
| Long Term Debt Issuance | -- | -- | -- | 3.7M |
| Long Term Debt Payments | -990,000 | -870,000 | -5.0M | -5.1M |
| Net Foreign Currency Exchange Gain Loss | -2.3M | 774,000 | 2.6M | -1.2M |
| Net Income From Continuing Operations | -8.5M | -8.2M | -12.7M | -67.4M |
| Net Long Term Debt Issuance | -990,000 | -870,000 | -5.0M | -1.4M |
| Net Other Investing Changes | -- | 240,000 | -- | -- |
| Net Preferred Stock Issuance | 0.00 | 1.7M | 0.00 | -- |
| Net Short Term Debt Issuance | 424,000 | -10.5M | -1.2M | -- |
| Operating Gains Losses | -2.4M | 731,000 | 2.6M | -1.2M |
| Preferred Stock Issuance | 0.00 | 1.7M | 0.00 | -- |
| Provisionand Write Offof Assets | 2.0M | 391,000 | 0.00 | 4.4M |
| Sale Of PPE | 0.00 | 39,000 | 23,000 | 0.00 |
| Short Term Debt Issuance | 424,000 | 4.8M | -- | -- |
| Short Term Debt Payments | 0.00 | -15.3M | -- | -- |
| Taxes Refund Paid | -514,000 | -547,000 | 0.00 | -290,000 |