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 | 2.4M | 577,919 | 27,687 | 1,901 |
| Operating Revenue | 2.4M | 577,919 | 27,687 | 3,373 |
| Cost Of Revenue | 3.4M | 2.5M | 1.3M | 101,064 |
| Gross Profit | -1.1M | -1.9M | -1.2M | -99,163 |
| Selling General And Administration | 4.7M | 4.4M | 5.1M | 3.0M |
| General And Administrative Expense | 4.5M | 4.3M | 5.0M | 2.8M |
| Depreciation And Amortization In Income Statement | 2.0M | 2.0M | 1.6M | 591,498 |
| Other Operating Expenses | -- | -- | 2.4M | -33,283 |
| Operating Expense | 6.7M | 6.4M | 6.7M | 3.5M |
| Operating Income | -7.8M | -8.3M | -8.0M | -3.6M |
| EBIT | -7.3M | -8.4M | -11.3M | -4.0M |
| Interest Expense | 2.1M | 1.3M | 865,360 | 284,877 |
| Interest Expense Non Operating | 2.1M | 1.3M | 865,360 | 284,877 |
| Interest Income | 89,496 | 57,670 | 15,144 | 496.46 |
| Interest Income Non Operating | 89,496 | 57,670 | 15,144 | 496.46 |
| Net Interest Income | -2.0M | -1.2M | -850,216 | -284,381 |
| Other Income Expense | 416,026 | -186,528 | -3.3M | -415,103 |
| Other Non Operating Income Expenses | -- | -- | -2.5M | -298,338 |
| Special Income Charges | 0.00 | -271,340 | 0.00 | -- |
| Gain On Sale Of Security | 416,026 | 84,812 | -805,447 | -116,764 |
| Pretax Income | -9.3M | -9.7M | -12.1M | -4.3M |
| Tax Provision | 0.00 | -419,990 | 0.00 | -- |
| Tax Effect Of Unusual Items | 0.00 | -8,046 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -9.3M | -9.3M | -12.1M | -4.3M |
| Net Income From Continuing Operation Net Minority Interest | -9.3M | -9.3M | -12.1M | -4.3M |
| Net Income Including Noncontrolling Interests | -9.3M | -9.3M | -12.1M | -4.3M |
| Net Income Common Stockholders | -9.3M | -9.3M | -12.1M | -4.3M |
| Net Income | -9.3M | -9.3M | -12.1M | -4.3M |
| EBITDA | -5.3M | -6.5M | -9.6M | -3.4M |
| Normalized EBITDA | -5.7M | -6.3M | -8.8M | -3.3M |
| Reconciled Depreciation | 2.0M | 2.0M | 1.6M | 591,498 |
| Basic EPS | -0.09 | -0.11 | -0.22 | -0.07 |
| Diluted EPS | -0.09 | -0.11 | -0.22 | -0.07 |
| Basic Average Shares | 105.1M | 83.4M | 55.6M | 66.2M |
| Diluted Average Shares | 105.1M | 83.4M | 55.6M | 66.2M |
| Total Unusual Items | 416,026 | -186,528 | -805,447 | -116,764 |
| Total Unusual Items Excluding Goodwill | 416,026 | -186,528 | -805,447 | -116,764 |
| Tax Rate For Calcs | 0.00 | 0.04 | 0.00 | 0.00 |
| Normalized Income | -9.8M | -9.1M | -11.3M | -4.2M |
| Amortization | 544,871 | 577,853 | 506,329 | -- |
| Amortization Of Intangibles Income Statement | 544,871 | 577,853 | 506,329 | -- |
| Depreciation Amortization Depletion Income Statement | 2.0M | 2.0M | 1.6M | 591,498 |
| Depreciation Income Statement | 1.4M | 1.4M | 1.1M | -- |
| Diluted NI Availto Com Stockholders | -9.3M | -9.3M | -12.1M | -4.3M |
| Net Income Continuous Operations | -9.3M | -9.3M | -12.1M | -4.3M |
| Net Non Operating Interest Income Expense | -2.0M | -1.2M | -850,216 | -284,381 |
| Other Gand A | 1.1M | 1.5M | 1.2M | 581,278 |
| Other Special Charges | -- | 271,340 | -- | -- |
| Reconciled Cost Of Revenue | 3.4M | 2.5M | 1.3M | 101,064 |
| Salaries And Wages | 3.4M | 2.8M | 3.8M | 2.2M |
| Selling And Marketing Expense | 227,110 | 154,690 | 119,815 | 146,649 |
| Total Expenses | 10.1M | 8.9M | 8.0M | 3.6M |
| Total Operating Income As Reported | -7.8M | -8.3M | -8.0M | -- |
| Total Other Finance Cost | 12,650 | -- | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 2.0M | 6.2M | 1.5M | 962,492 |
| Cash Cash Equivalents And Short Term Investments | 2.0M | 6.2M | 1.5M | 962,492 |
| Cash Financial | -- | -- | 1.5M | 957,041 |
| Accounts Receivable | 639,860 | 153,006 | 338.00 | 254.00 |
| Receivables | 639,860 | 153,006 | 338.00 | 254.00 |
| Prepaid Assets | 68,835 | 57,790 | 162,575 | 239,361 |
| Current Assets | 2.7M | 6.4M | 1.6M | 1.2M |
| Gross PPE | 5.6M | 5.7M | 6.2M | 4.7M |
| Accumulated Depreciation | -497,452 | -330,878 | -130,817 | -17,713 |
| Net PPE | 5.1M | 5.3M | 6.1M | 4.7M |
| Goodwill And Other Intangible Assets | 1.8M | 2.2M | 2.1M | 1.9M |
| Other Intangible Assets | 1.8M | 2.2M | 2.1M | 1.9M |
| Total Non Current Assets | 6.9M | 7.5M | 8.2M | 6.6M |
| Total Assets | 9.6M | 13.9M | 9.9M | 7.8M |
| Current Debt | 8,737 | 8,982 | 34,452 | 1.2M |
| Current Debt And Capital Lease Obligation | 1.6M | 1.2M | 1.1M | 1.8M |
| Accounts Payable | 626,337 | 187,286 | 657,409 | 969,528 |
| Payables | 637,865 | 188,535 | 696,791 | 969,528 |
| Payables And Accrued Expenses | 1.3M | 521,068 | 1.6M | 969,528 |
| Current Accrued Expenses | 637,580 | 332,533 | 867,734 | 122,255 |
| Current Deferred Revenue | 0.00 | 74,854 | 2,459 | 0.00 |
| Other Current Liabilities | 572,462 | 607,215 | -- | 295,788 |
| Current Liabilities | 3.4M | 2.4M | 2.7M | 3.1M |
| Long Term Debt | 10.1M | 6.3M | 42,294 | 45,657 |
| Long Term Debt And Capital Lease Obligation | 14.1M | 10.6M | 5.1M | 4.3M |
| Long Term Capital Lease Obligation | 4.0M | 4.3M | 5.1M | 4.2M |
| Total Non Current Liabilities Net Minority Interest | 14.1M | 10.6M | 5.1M | 4.3M |
| Total Liabilities Net Minority Interest | 17.5M | 13.0M | 7.8M | 7.4M |
| Common Stock | 24.1M | 23.9M | 17.5M | 6.6M |
| Capital Stock | 24.1M | 23.9M | 17.5M | 6.6M |
| Additional Paid In Capital | 5.8M | 5.3M | 3.8M | 673,864 |
| Retained Earnings | -37.7M | -28.3M | -19.0M | -6.9M |
| Gains Losses Not Affecting Retained Earnings | -182,346 | -94,458 | -134,920 | 28,813 |
| Other Equity Adjustments | -182,346 | -94,458 | -134,920 | 28,813 |
| Common Stock Equity | -7.9M | 848,187 | 2.1M | 437,662 |
| Stockholders Equity | -7.9M | 848,187 | 2.1M | 437,662 |
| Total Equity Gross Minority Interest | -7.9M | 848,187 | 2.1M | 437,662 |
| Total Capitalization | 2.1M | 7.1M | 2.1M | 483,319 |
| Net Tangible Assets | -9.7M | -1.3M | -68,457 | -1.5M |
| Tangible Book Value | -9.7M | -1.3M | -68,457 | -1.5M |
| Working Capital | -698,571 | 3.9M | -1.0M | -1.9M |
| Invested Capital | 2.2M | 7.1M | 2.1M | 1.6M |
| Total Debt | 15.7M | 11.8M | 6.2M | 6.1M |
| Net Debt | 8.1M | 141,281 | -- | 245,500 |
| Share Issued | 105.2M | 104.9M | 70.8M | 66.2M |
| Ordinary Shares Number | 105.2M | 104.9M | 70.8M | 66.2M |
| Capital Lease Obligations | 5.6M | 5.5M | 6.2M | 4.9M |
| Current Capital Lease Obligation | 1.5M | 1.2M | 1.1M | 643,570 |
| Current Deferred Liabilities | 0.00 | 74,854 | 2,459 | 0.00 |
| Dueto Related Parties Current | -- | -- | 0.00 | 39,215 |
| Machinery Furniture Equipment | 1.1M | 1.0M | 906,529 | -- |
| Other Current Borrowings | 8,737 | 8,982 | 34,452 | 1.2M |
| Other Payable | 11,528 | 1,249 | 39,382 | 126,336 |
| Other Properties | 4.5M | 4.6M | 5.3M | 4.7M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -5.1M | -6.7M | -4.9M | -2.0M |
| Cash Flow From Continuing Operating Activities | -5.1M | -6.7M | -4.9M | -2.0M |
| Depreciation And Amortization | 2.0M | 2.0M | 1.6M | 591,498 |
| Depreciation Amortization Depletion | 2.0M | 2.0M | 1.6M | 591,498 |
| Stock Based Compensation | 603,375 | 757,989 | 1.3M | 501,114 |
| Deferred Tax | 0.00 | -419,990 | 0.00 | -- |
| Deferred Income Tax | 0.00 | -419,990 | 0.00 | -- |
| Change In Working Capital | 181,624 | -1.0M | 674,158 | 759,281 |
| Changes In Account Receivables | -- | -- | -100.21 | -252.55 |
| Change In Receivables | -486,854 | -152,668 | -84.00 | 124,491 |
| Change In Payables And Accrued Expense | 754,377 | -1.0M | 594,997 | 769,599 |
| Change In Payable | 754,377 | -1.0M | 594,997 | 769,599 |
| Change In Other Working Capital | -74,854 | 72,395 | 2,459 | -- |
| Other Non Cash Items | 2.0M | 1.3M | 2.9M | 328,947 |
| Capital Expenditure | -510,429 | -665,648 | -1.7M | -1.1M |
| Purchase Of PPE | -122,574 | -85,437 | -699,615 | -326,877 |
| Net PPE Purchase And Sale | -122,574 | -85,437 | -699,615 | -326,877 |
| Investing Cash Flow | -510,429 | -665,648 | -1.7M | -1.1M |
| Cash Flow From Continuing Investing Activities | -510,429 | -665,648 | -1.7M | -1.1M |
| Issuance Of Debt | 3.2M | 7.8M | 935,445 | 1.4M |
| Repayment Of Debt | -2.0M | -1.9M | -1.5M | -161,972 |
| Net Issuance Payments Of Debt | 1.3M | 6.0M | -566,092 | 1.3M |
| Issuance Of Capital Stock | 0.00 | 5.7M | 5.8M | 368,386 |
| Net Common Stock Issuance | 0.00 | 5.7M | 5.8M | 368,386 |
| Financing Cash Flow | 1.3M | 12.1M | 7.0M | 1.6M |
| Cash Flow From Continuing Financing Activities | 1.3M | 12.1M | 7.0M | 1.6M |
| Effect Of Exchange Rate Changes | 185,055 | -87,826 | 19,043 | 0.00 |
| Changes In Cash | -4.3M | 4.8M | 503,453 | -1.5M |
| Beginning Cash Position | 6.2M | 1.5M | 962,492 | 2.5M |
| End Cash Position | 2.0M | 6.2M | 1.5M | 957,041 |
| Free Cash Flow | -5.6M | -7.3M | -6.5M | -3.2M |
| Amortization Cash Flow | 544,871 | 577,853 | 506,329 | 224,847 |
| Amortization Of Intangibles | 544,871 | 577,853 | 506,329 | 224,847 |
| Capital Expenditure Reported | -45,975 | -5,919 | -95,723 | -- |
| Change In Prepaid Assets | -11,045 | 104,785 | 76,786 | -134,809 |
| Common Stock Issuance | 0.00 | 5.7M | 5.8M | 368,386 |
| Depreciation | 1.4M | 1.4M | 1.1M | 366,652 |
| Gain Loss On Investment Securities | 15,048 | -148,055 | 499,026 | -1,569 |
| Long Term Debt Issuance | 3.2M | 7.8M | 935,445 | 1.4M |
| Long Term Debt Payments | -2.0M | -1.9M | -1.5M | -161,972 |
| Net Foreign Currency Exchange Gain Loss | -548,607 | 95,968 | 284,686 | 80,913 |
| Net Income From Continuing Operations | -9.3M | -9.3M | -12.1M | -4.3M |
| Net Intangibles Purchase And Sale | -341,880 | -574,292 | -879,955 | -788,915 |
| Net Long Term Debt Issuance | 1.3M | 6.0M | -566,092 | 1.3M |
| Operating Gains Losses | -533,559 | 50,719 | 783,712 | 79,345 |
| Proceeds From Stock Option Exercised | 0.00 | 432,765 | 1.8M | 0.00 |
| Purchase Of Intangibles | -341,880 | -574,292 | -879,955 | -788,915 |