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 | 66.6M | 643,000 | 3.6M | 883,000 |
| Operating Revenue | 66.6M | 643,000 | 3.6M | 883,000 |
| Cost Of Revenue | 44.4M | 2.5M | 2.1M | 1.7M |
| Gross Profit | 22.3M | -1.8M | 1.5M | -865,000 |
| Selling General And Administration | 12.4M | 5.8M | 5.6M | 5.5M |
| General And Administrative Expense | 10.0M | 5.8M | 5.5M | 5.2M |
| Other Operating Expenses | -- | -- | -110,000 | 2.6M |
| Operating Expense | 12.4M | 5.8M | 5.5M | 8.1M |
| Operating Income | 9.9M | -7.6M | -4.0M | -8.9M |
| EBIT | 8.7M | -10.7M | -3.1M | -11.3M |
| Interest Expense | 2.2M | 708,000 | 4,000 | 6,000 |
| Interest Expense Non Operating | 2.2M | 708,000 | 4,000 | 6,000 |
| Interest Income | 180,000 | 188,000 | 32,000 | 37,000 |
| Interest Income Non Operating | 180,000 | 188,000 | 32,000 | 37,000 |
| Net Interest Income | 353,000 | -569,000 | -154,000 | -68,000 |
| Other Income Expense | -3.7M | -3.2M | 1.1M | -2.3M |
| Other Non Operating Income Expenses | -1.9M | -51,000 | 52,000 | -- |
| Special Income Charges | 85,000 | -3.3M | 806,000 | -2.5M |
| Gain On Sale Of Security | -1.9M | 151,000 | 240,000 | 147,000 |
| Pretax Income | 6.5M | -11.4M | -3.1M | -11.3M |
| Tax Provision | 3.0M | 0.00 | -- | -- |
| Tax Effect Of Unusual Items | -271,500 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -4.1M | -11.4M | -3.1M | -11.3M |
| Net Income From Continuing Operation Net Minority Interest | -4.1M | -11.4M | -3.1M | -11.3M |
| Net Income Including Noncontrolling Interests | 3.5M | -11.4M | -3.1M | -11.3M |
| Minority Interests | -7.6M | 0.00 | -- | -- |
| Net Income Common Stockholders | -4.1M | -11.4M | -3.1M | -11.3M |
| Net Income | -4.1M | -11.4M | -3.1M | -11.3M |
| EBITDA | 14.5M | -9.1M | -2.2M | -10.4M |
| Normalized EBITDA | 16.3M | -6.0M | -3.2M | -8.1M |
| Reconciled Depreciation | 5.8M | 1.6M | 902,000 | 904,000 |
| Basic EPS | -0.07 | -0.20 | -0.07 | -0.26 |
| Diluted EPS | -0.07 | -0.20 | -0.07 | -0.26 |
| Basic Average Shares | 57.5M | 56.3M | 45.7M | 44.2M |
| Diluted Average Shares | 57.5M | 56.3M | 45.7M | 44.2M |
| Total Unusual Items | -1.8M | -3.2M | 1.0M | -2.3M |
| Total Unusual Items Excluding Goodwill | -1.8M | -3.2M | 1.0M | -2.3M |
| Tax Rate For Calcs | 0.15 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -2.5M | -8.2M | -4.1M | -9.0M |
| Diluted NI Availto Com Stockholders | -4.1M | -11.4M | -3.1M | -11.3M |
| Gain On Sale Of Ppe | 0.00 | 199,000 | 219,000 | 0.00 |
| Impairment Of Capital Assets | 0.00 | 4.5M | 0.00 | 2.5M |
| Net Income Continuous Operations | 3.5M | -11.4M | -3.1M | -11.3M |
| Net Non Operating Interest Income Expense | 353,000 | -569,000 | -154,000 | -68,000 |
| Other Gand A | 9.3M | 5.0M | 5.2M | 5.0M |
| Other Special Charges | -85,000 | -1.0M | -587,000 | -- |
| Reconciled Cost Of Revenue | 44.4M | 2.5M | 2.1M | 1.7M |
| Salaries And Wages | 695,000 | 732,000 | 281,000 | 194,000 |
| Selling And Marketing Expense | 2.4M | 19,000 | 62,000 | 281,000 |
| Total Expenses | 56.8M | 8.3M | 7.6M | 9.8M |
| Total Other Finance Cost | -2.4M | 49,000 | 182,000 | 99,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 27.8M | 5.0M | 3.8M | 4.6M |
| Cash Cash Equivalents And Short Term Investments | 27.8M | 5.0M | 3.8M | 4.6M |
| Cash Equivalents | 30,000 | 30,000 | 30,000 | 30,000 |
| Cash Financial | 27.8M | 5.0M | 3.7M | 4.6M |
| Accounts Receivable | 17.6M | 21,000 | 353,000 | 119,000 |
| Receivables | 18.0M | 90,000 | 380,000 | 238,000 |
| Inventory | 624,000 | 59,000 | 84,000 | 69,000 |
| Prepaid Assets | 1.2M | 387,000 | 189,000 | 218,000 |
| Current Assets | 47.7M | 5.6M | 4.4M | 5.1M |
| Gross PPE | 35.9M | 15.1M | 19.1M | 17.2M |
| Accumulated Depreciation | -17.6M | -14.1M | -13.8M | -14.3M |
| Net PPE | 18.4M | 921,000 | 5.2M | 2.8M |
| Investments And Advances | 279,000 | 269,000 | 417,000 | 712,000 |
| Total Non Current Assets | 18.9M | 1.2M | 5.7M | 3.6M |
| Total Assets | 66.6M | 6.8M | 10.1M | 8.7M |
| Current Debt | 7.8M | -- | -- | -- |
| Current Debt And Capital Lease Obligation | 10.2M | 649,000 | 93,000 | -- |
| Accounts Payable | 9.8M | 680,000 | 1.6M | 1.7M |
| Payables | 9.8M | 680,000 | 1.6M | 1.7M |
| Payables And Accrued Expenses | 9.8M | 680,000 | 1.6M | 1.7M |
| Other Current Liabilities | 472,000 | -- | -- | -- |
| Current Liabilities | 21.7M | 2.0M | 2.0M | 2.1M |
| Long Term Debt | 4.8M | 5.4M | -- | -- |
| Long Term Debt And Capital Lease Obligation | 5.2M | 5.5M | 99,000 | -- |
| Long Term Capital Lease Obligation | 422,000 | 88,000 | 99,000 | 0.00 |
| Other Non Current Liabilities | 4.2M | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 23.8M | 7.3M | 1.8M | 1.6M |
| Total Liabilities Net Minority Interest | 45.5M | 9.3M | 3.8M | 3.7M |
| Common Stock | 75.6M | 276.7M | 276.5M | 273.2M |
| Capital Stock | 75.6M | 276.7M | 276.5M | 273.2M |
| Additional Paid In Capital | 25.3M | 24.6M | 21.7M | 21.4M |
| Retained Earnings | -3.9M | -219.4M | -208.0M | -204.9M |
| Gains Losses Not Affecting Retained Earnings | -83.7M | -84.4M | -83.9M | -84.6M |
| Other Equity Adjustments | -83.7M | -84.4M | -83.9M | -84.6M |
| Common Stock Equity | 13.3M | -2.5M | 6.3M | 5.0M |
| Stockholders Equity | 13.3M | -2.5M | 6.3M | 5.0M |
| Total Equity Gross Minority Interest | 21.1M | -2.5M | 6.3M | 5.0M |
| Minority Interest | 7.7M | 0.00 | -- | -- |
| Total Capitalization | 18.1M | 2.9M | 6.3M | 5.0M |
| Net Tangible Assets | 13.3M | -2.5M | 6.3M | 5.0M |
| Tangible Book Value | 13.3M | -2.5M | 6.3M | 5.0M |
| Working Capital | 26.0M | 3.6M | 2.4M | 3.0M |
| Invested Capital | 25.9M | 2.9M | 6.3M | 5.0M |
| Total Debt | 15.4M | 6.2M | 192,000 | 0.00 |
| Net Debt | -- | 373,000 | -- | -- |
| Share Issued | 67.5M | 56.5M | 56.2M | 45.2M |
| Ordinary Shares Number | 67.5M | 56.5M | 56.2M | 45.2M |
| Available For Sale Securities | 279,000 | 269,000 | 417,000 | 712,000 |
| Capital Lease Obligations | 627,000 | 130,000 | 192,000 | 0.00 |
| Current Capital Lease Obligation | 205,000 | 42,000 | 93,000 | 0.00 |
| Current Provisions | 1.2M | 635,000 | 295,000 | 409,000 |
| Foreign Currency Translation Adjustments | -- | -- | -- | -84.6M |
| Investmentin Financial Assets | 279,000 | 269,000 | 417,000 | 712,000 |
| Long Term Provisions | 14.5M | 1.8M | 1.7M | 1.6M |
| Non Current Deferred Assets | 229,000 | 0.00 | -- | -- |
| Non Current Deferred Taxes Assets | 229,000 | 0.00 | -- | -- |
| Other Current Borrowings | 7.8M | -- | -- | -- |
| Other Properties | 2.4M | 1.7M | 1.8M | 1.7M |
| Raw Materials | -- | -- | 84,000 | 69,000 |
| Restricted Cash | -- | -- | -- | 0.00 |
| Taxes Receivable | 412,000 | 69,000 | 27,000 | 119,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 5.4M | -5.4M | -3.2M | -6.1M |
| Cash Flow From Continuing Operating Activities | 5.4M | -5.4M | -3.2M | -6.1M |
| Depreciation Amortization Depletion | 5.8M | 1.6M | 902,000 | 904,000 |
| Stock Based Compensation | 695,000 | 732,000 | 281,000 | 194,000 |
| Deferred Tax | -229,000 | 0.00 | -- | -- |
| Deferred Income Tax | -229,000 | 0.00 | -- | -- |
| Change In Working Capital | -3.5M | -137,000 | -591,000 | -917,000 |
| Change In Other Working Capital | -11.0M | -137,000 | -591,000 | -917,000 |
| Change In Other Current Liabilities | 7.5M | 0.00 | -- | -- |
| Other Non Cash Items | -2.8M | 544,000 | 72,000 | 2.7M |
| Capital Expenditure | -8.3M | -215,000 | -1.7M | -89,000 |
| Purchase Of PPE | -- | -215,000 | -1.7M | -89,000 |
| Net PPE Purchase And Sale | 0.00 | 231,000 | -1.5M | -89,000 |
| Investing Cash Flow | -7.4M | -1.1M | -1.2M | -2.0M |
| Cash Flow From Continuing Investing Activities | -7.4M | -1.1M | -1.2M | -2.0M |
| Issuance Of Debt | 6.5M | 7.8M | 0.00 | -- |
| Repayment Of Debt | -575,000 | -105,000 | 0.00 | -1,000 |
| Net Issuance Payments Of Debt | 5.9M | 7.7M | 0.00 | -1,000 |
| Issuance Of Capital Stock | 19.6M | 124,000 | 3.7M | 0.00 |
| Net Common Stock Issuance | 19.6M | 124,000 | 3.7M | 0.00 |
| Financing Cash Flow | 24.1M | 7.7M | 3.4M | 356,000 |
| Cash Flow From Continuing Financing Activities | 24.1M | 7.7M | 3.4M | 356,000 |
| Effect Of Exchange Rate Changes | 680,000 | 9,000 | 98,000 | 63,000 |
| Changes In Cash | 22.1M | 1.3M | -970,000 | -7.7M |
| Beginning Cash Position | 5.0M | 3.8M | 4.6M | 12.3M |
| End Cash Position | 27.8M | 5.0M | 3.8M | 4.6M |
| Free Cash Flow | -2.9M | -5.6M | -4.9M | -6.2M |
| Asset Impairment Charge | 0.00 | 4.5M | 0.00 | 2.5M |
| Capital Expenditure Reported | -8.3M | -215,000 | -- | -- |
| Common Stock Issuance | 19.6M | 124,000 | 3.7M | 0.00 |
| Gain Loss On Investment Securities | 687,000 | -- | -- | -- |
| Gain Loss On Sale Of PPE | 0.00 | -199,000 | -219,000 | 0.00 |
| Long Term Debt Issuance | 6.5M | 7.8M | 0.00 | -- |
| Long Term Debt Payments | -575,000 | -105,000 | 0.00 | -1,000 |
| Net Foreign Currency Exchange Gain Loss | 1.2M | -974,000 | -552,000 | -120,000 |
| Net Income From Continuing Operations | 3.5M | -11.4M | -3.1M | -11.3M |
| Net Long Term Debt Issuance | 5.9M | 7.7M | 0.00 | -1,000 |
| Net Other Financing Charges | -1.4M | -82,000 | -321,000 | -- |
| Net Other Investing Changes | 925,000 | -1.1M | 285,000 | -1.9M |
| Operating Gains Losses | 1.9M | -1.2M | -771,000 | -120,000 |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 357,000 |
| Sale Of PPE | 0.00 | 231,000 | 222,000 | 0.00 |