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 | 35.4M | 53.3M | 29.0M | 22.6M |
| Operating Revenue | 35.4M | 53.3M | 29.0M | 22.6M |
| Cost Of Revenue | 25.9M | 41.4M | 26.5M | 18.7M |
| Gross Profit | 9.4M | 11.9M | 2.5M | 3.9M |
| Selling General And Administration | 9.7M | 9.5M | 7.9M | 6.9M |
| General And Administrative Expense | 9.7M | 9.5M | 7.9M | 6.9M |
| Depreciation And Amortization In Income Statement | -- | -- | 0.00 | 718,000 |
| Other Operating Expenses | -- | -- | -- | -270,000 |
| Operating Expense | 9.7M | 9.5M | 7.9M | 7.4M |
| Operating Income | -268,000 | 2.4M | -5.3M | -3.5M |
| EBIT | 296,000 | 2.2M | -5.3M | -1.5M |
| Interest Expense | 276,000 | 613,000 | 1.1M | 1.2M |
| Interest Expense Non Operating | 276,000 | 613,000 | 1.1M | 1.2M |
| Interest Income | 241,000 | 293,000 | 307,000 | 0.00 |
| Interest Income Non Operating | 241,000 | 293,000 | 307,000 | 0.00 |
| Net Interest Income | -35,000 | -320,000 | -839,000 | -1.3M |
| Other Income Expense | 323,000 | -514,000 | -253,000 | 2.1M |
| Other Non Operating Income Expenses | 202,000 | -159,000 | -6,000 | -22,000 |
| Special Income Charges | 61,000 | 64,000 | -79,000 | -636,000 |
| Restructuring And Mergern Acquisition | -- | 175,000 | 0.00 | -132,000 |
| Gain On Sale Of Security | 140,000 | -363,000 | -134,000 | 2.7M |
| Earnings From Equity Interest | -80,000 | -56,000 | -34,000 | 0.00 |
| Pretax Income | 20,000 | 1.6M | -6.4M | -2.7M |
| Tax Provision | -250,000 | 342,000 | -880,000 | -845,000 |
| Tax Effect Of Unusual Items | 30,150 | -68,770 | -29,101 | 651,276 |
| Net Income From Continuing And Discontinued Operation | 270,000 | 1.2M | -5.6M | -1.9M |
| Net Income From Continuing Operation Net Minority Interest | 270,000 | 1.2M | -5.6M | -1.9M |
| Net Income Including Noncontrolling Interests | 270,000 | 1.2M | -5.6M | -1.9M |
| Net Income Common Stockholders | 270,000 | 1.2M | -5.6M | -1.9M |
| Net Income | 270,000 | 1.2M | -5.6M | -1.9M |
| EBITDA | 2.5M | 4.4M | -3.4M | 1.0M |
| Normalized EBITDA | 2.3M | 4.7M | -3.2M | -1.1M |
| Reconciled Depreciation | 2.2M | 2.2M | 1.9M | 2.5M |
| Basic EPS | 0.00 | 0.01 | -0.04 | -0.02 |
| Diluted EPS | 0.00 | 0.01 | -0.04 | -0.02 |
| Basic Average Shares | 141.9M | 134.4M | 133.9M | 115.4M |
| Diluted Average Shares | 144.1M | 137.1M | 133.9M | 115.4M |
| Total Unusual Items | 201,000 | -299,000 | -213,000 | 2.1M |
| Total Unusual Items Excluding Goodwill | 201,000 | -299,000 | -213,000 | 2.1M |
| Tax Rate For Calcs | 0.15 | 0.23 | 0.14 | 0.31 |
| Normalized Income | 99,150 | 1.5M | -5.4M | -3.3M |
| Amortization | -- | -- | 0.00 | 718,000 |
| Amortization Of Intangibles Income Statement | -- | -- | 0.00 | 718,000 |
| Depreciation Amortization Depletion Income Statement | -- | -- | 0.00 | 718,000 |
| Diluted NI Availto Com Stockholders | 270,000 | 1.2M | -5.6M | -1.9M |
| Gain On Sale Of Ppe | 61,000 | 64,000 | -79,000 | 0.00 |
| Impairment Of Capital Assets | -- | -- | 0.00 | 768,000 |
| Net Income Continuous Operations | 270,000 | 1.2M | -5.6M | -1.9M |
| Net Non Operating Interest Income Expense | -35,000 | -320,000 | -839,000 | -1.3M |
| Other Gand A | 8.9M | 9.1M | 7.3M | 6.6M |
| Reconciled Cost Of Revenue | 25.9M | 41.4M | 26.5M | 16.9M |
| Salaries And Wages | 760,000 | 329,000 | 610,000 | 274,000 |
| Selling And Marketing Expense | -- | -- | -- | 2.0M |
| Total Expenses | 35.6M | 50.9M | 34.4M | 26.1M |
| Total Operating Income As Reported | 492,000 | 2.7M | -4.7M | -2.7M |
| Total Other Finance Cost | -- | -- | 89,000 | 72,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 10.3M | 3.3M | 10.7M | 19.9M |
| Cash Cash Equivalents And Short Term Investments | 10.3M | 3.3M | 10.7M | 19.9M |
| Cash Financial | 10.3M | 3.3M | -- | -- |
| Accounts Receivable | 5.1M | 10.8M | 6.0M | 4.0M |
| Receivables | 6.7M | 12.9M | 7.3M | 4.9M |
| Inventory | 832,000 | 1.0M | 1.0M | 718,000 |
| Prepaid Assets | -- | 680,000 | 532,000 | 577,000 |
| Other Current Assets | 591,000 | 680,000 | -1,000 | -- |
| Current Assets | 18.5M | 17.9M | 19.6M | 26.4M |
| Gross PPE | 26.6M | 22.0M | 20.5M | 19.0M |
| Accumulated Depreciation | -10.8M | -8.9M | -7.8M | -6.9M |
| Net PPE | 15.8M | 13.1M | 12.7M | 12.2M |
| Goodwill | 6.5M | 6.0M | 6.1M | 5.8M |
| Goodwill And Other Intangible Assets | 6.5M | 6.0M | 6.1M | 5.8M |
| Investments And Advances | 2.6M | 2.3M | 2.4M | 0.00 |
| Other Non Current Assets | -- | -- | 18,000 | -- |
| Total Non Current Assets | 24.9M | 21.4M | 21.3M | 18.0M |
| Total Assets | 43.4M | 39.3M | 40.8M | 44.4M |
| Current Debt | 995,000 | 915,000 | 4.4M | 877,000 |
| Current Debt And Capital Lease Obligation | 1.8M | 1.6M | 5.0M | 1.5M |
| Accounts Payable | 929,000 | 4.5M | 4.4M | 2.3M |
| Payables | 929,000 | 4.5M | 4.9M | 2.5M |
| Payables And Accrued Expenses | 1.8M | 6.7M | 5.1M | 3.2M |
| Current Accrued Expenses | 893,000 | 2.2M | 239,000 | 708,000 |
| Other Current Liabilities | -- | 175,000 | -- | -- |
| Current Liabilities | 3.6M | 8.3M | 10.2M | 4.7M |
| Long Term Debt | 108,000 | 1.0M | 2.0M | 5.8M |
| Long Term Debt And Capital Lease Obligation | 1.8M | 1.6M | 2.5M | 6.9M |
| Long Term Capital Lease Obligation | 1.7M | 586,000 | 574,000 | 1.1M |
| Total Non Current Liabilities Net Minority Interest | 2.4M | 2.2M | 2.9M | 8.1M |
| Total Liabilities Net Minority Interest | 6.0M | 10.6M | 13.1M | 12.8M |
| Common Stock | 47.9M | 42.6M | 42.4M | 42.4M |
| Capital Stock | 47.9M | 42.6M | 42.4M | 42.4M |
| Additional Paid In Capital | 9.8M | 8.2M | 7.6M | 7.0M |
| Retained Earnings | -21.9M | -22.1M | -23.4M | -17.8M |
| Gains Losses Not Affecting Retained Earnings | 1.5M | -24,000 | 563,000 | -549,000 |
| Other Equity Adjustments | 1.5M | -24,000 | 563,000 | -549,000 |
| Common Stock Equity | 37.4M | 28.7M | 27.7M | 31.6M |
| Stockholders Equity | 37.4M | 28.7M | 27.7M | 31.6M |
| Total Equity Gross Minority Interest | 37.4M | 28.7M | 27.7M | 31.6M |
| Total Capitalization | 37.5M | 29.7M | 29.7M | 37.4M |
| Net Tangible Assets | 30.8M | 22.7M | 21.6M | 25.8M |
| Tangible Book Value | 30.8M | 22.7M | 21.6M | 25.8M |
| Working Capital | 14.9M | 9.6M | 9.4M | 21.8M |
| Invested Capital | 38.5M | 30.7M | 34.2M | 38.3M |
| Total Debt | 3.6M | 3.2M | 7.6M | 8.4M |
| Share Issued | 150.4M | 135.3M | 133.9M | 133.9M |
| Ordinary Shares Number | 150.4M | 135.3M | 133.9M | 133.9M |
| Available For Sale Securities | 2.5M | 1.4M | 1.5M | -- |
| Capital Lease Obligations | 2.5M | 1.3M | 1.2M | 1.7M |
| Current Capital Lease Obligation | 760,000 | 729,000 | 590,000 | 578,000 |
| Financial Assets | -- | 0.00 | 21,000 | 27,000 |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | 91,000 | 0.00 | -- | -- |
| Held To Maturity Securities | 0.00 | 945,000 | 896,000 | 0.00 |
| Interest Payable | -- | 17,000 | 24,000 | 18,000 |
| Investmentin Financial Assets | 2.6M | 2.3M | 2.4M | 0.00 |
| Line Of Credit | -- | -- | -- | 0.00 |
| Machinery Furniture Equipment | 1.0M | 1.0M | 1.2M | 1.3M |
| Non Current Deferred Liabilities | 611,000 | 641,000 | 361,000 | 1.2M |
| Non Current Deferred Taxes Liabilities | 611,000 | 641,000 | 361,000 | 1.2M |
| Other Current Borrowings | 995,000 | 915,000 | 4.4M | 877,000 |
| Other Equity Interest | -- | -- | 532,000 | 532,000 |
| Other Payable | -- | 385,000 | 487,000 | 178,000 |
| Other Properties | 25.6M | 21.0M | 19.3M | 17.7M |
| Other Receivables | 1.8M | 2.1M | 1.5M | 1.1M |
| Raw Materials | 832,000 | 1.0M | 1.0M | 718,000 |
| Receivables Adjustments Allowances | -111,000 | -44,000 | -82,000 | -107,000 |
| Restricted Cash | -- | -- | 0.00 | 286,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 4.9M | 503,000 | -3.2M | -834,000 |
| Cash Flow From Continuing Operating Activities | 4.9M | 503,000 | -3.2M | -834,000 |
| Depreciation And Amortization | 2.2M | 2.2M | 1.9M | 2.5M |
| Depreciation Amortization Depletion | 2.2M | 2.2M | 1.9M | 2.5M |
| Stock Based Compensation | 760,000 | 329,000 | 610,000 | 274,000 |
| Deferred Tax | -338,000 | 277,000 | -903,000 | -932,000 |
| Deferred Income Tax | -338,000 | 277,000 | -903,000 | -932,000 |
| Change In Working Capital | 1.8M | -4.2M | -587,000 | -90,000 |
| Change In Receivables | 6.8M | -5.9M | -2.0M | -672,000 |
| Change In Inventory | 230,000 | -31,000 | -263,000 | -28,000 |
| Change In Payables And Accrued Expense | -5.1M | 1.7M | 1.6M | 868,000 |
| Change In Payable | -5.1M | 1.7M | 1.6M | 868,000 |
| Change In Other Working Capital | -- | -- | 1,000 | 1,000 |
| Other Non Cash Items | 226,000 | 539,000 | 1.1M | 1.2M |
| Capital Expenditure | -2.0M | -2.0M | -1.9M | -674,000 |
| Purchase Of PPE | -2.0M | -2.0M | -1.9M | -673,000 |
| Net PPE Purchase And Sale | -1.9M | -1.8M | -1.8M | -618,000 |
| Purchase Of Investment | -88,000 | -204,000 | -2.2M | 0.00 |
| Net Investment Purchase And Sale | -88,000 | -204,000 | -2.2M | 0.00 |
| Investing Cash Flow | -2.0M | -2.0M | -4.0M | -619,000 |
| Cash Flow From Continuing Investing Activities | -2.0M | -2.0M | -4.0M | -619,000 |
| Issuance Of Debt | -- | -- | -- | 0.00 |
| Repayment Of Debt | -1.8M | -5.3M | -1.6M | -3.1M |
| Net Issuance Payments Of Debt | -1.8M | -5.3M | -1.6M | -3.1M |
| Issuance Of Capital Stock | 6.0M | 0.00 | 0.00 | 20.9M |
| Net Common Stock Issuance | 6.0M | 0.00 | 0.00 | 20.9M |
| Financing Cash Flow | 4.0M | -5.8M | -2.3M | 19.0M |
| Cash Flow From Continuing Financing Activities | 4.0M | -5.8M | -2.3M | 19.0M |
| Effect Of Exchange Rate Changes | 151,000 | -48,000 | 4,000 | -31,000 |
| Changes In Cash | 6.9M | -7.3M | -9.6M | 17.5M |
| Beginning Cash Position | 3.3M | 10.7M | 20.2M | 2.8M |
| End Cash Position | 10.3M | 3.3M | 10.7M | 20.2M |
| Free Cash Flow | 2.9M | -1.5M | -5.1M | -1.5M |
| Amortization Cash Flow | -- | -- | -- | 718,000 |
| Amortization Of Intangibles | -- | -- | -- | 718,000 |
| Asset Impairment Charge | -- | -- | 0.00 | 768,000 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | -100,000 | 48,000 | 68,000 | -259,000 |
| Common Stock Issuance | 6.0M | 0.00 | 0.00 | 20.9M |
| Depreciation | -- | -- | 1.9M | 1.8M |
| Earnings Losses From Equity Investments | 80,000 | 56,000 | 34,000 | 0.00 |
| Gain Loss On Investment Securities | -- | 21,000 | 6,000 | -2.5M |
| Gain Loss On Sale Of PPE | -61,000 | -64,000 | 79,000 | 0.00 |
| Interest Paid Cff | -276,000 | -522,000 | -755,000 | -977,000 |
| Long Term Debt Issuance | -- | -- | -- | 0.00 |
| Long Term Debt Payments | -1.8M | -1.7M | -1.6M | -2.9M |
| Net Foreign Currency Exchange Gain Loss | -323,000 | 77,000 | 116,000 | -162,000 |
| Net Income From Continuing Operations | 270,000 | 1.2M | -5.6M | -1.9M |
| Net Intangibles Purchase And Sale | -- | -- | 0.00 | -1,000 |
| Net Long Term Debt Issuance | -1.8M | -1.7M | -1.6M | -2.9M |
| Net Other Financing Charges | -- | -- | -- | -2.0M |
| Net Short Term Debt Issuance | 0.00 | -3.6M | 0.00 | -129,000 |
| Operating Gains Losses | -304,000 | 90,000 | 235,000 | -2.7M |
| Proceeds From Stock Option Exercised | 108,000 | 3,000 | 0.00 | 4.1M |
| Purchase Of Intangibles | -- | -- | 0.00 | -1,000 |
| Sale Of PPE | 61,000 | 134,000 | 86,000 | 55,000 |
| Short Term Debt Payments | 0.00 | -3.6M | 0.00 | -129,000 |
| Unrealized Gain Loss On Investment Securities | 257,000 | 0.00 | -- | -- |