Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Total Revenue | 367,000 | 63,000 | 58,000 | 8.6M | 0.00 | -- |
| Operating Revenue | 367,000 | 63,000 | 58,000 | 8.6M | 0.00 | -- |
| Cost Of Revenue | 33,000 | 1,000 | -87,000 | 1.5M | -- | 459,000 |
| Gross Profit | 334,000 | 62,000 | 145,000 | 7.1M | -- | -58,000 |
| Selling General And Administration | 1.6M | 1.3M | 1.5M | 1.7M | 2.6M | -- |
| General And Administrative Expense | 1.6M | 1.3M | 1.5M | 1.7M | 2.6M | -- |
| Research And Development | 3.6M | 3.2M | 3.8M | 4.7M | -14,862 | -- |
| Depreciation And Amortization In Income Statement | 200,000 | 203,000 | 201,000 | 209,000 | -- | 222,000 |
| Other Operating Expenses | 16,000 | -- | -- | 232,000 | -- | -- |
| Operating Expense | 5.4M | 4.7M | 5.6M | 6.8M | 2.6M | -- |
| Operating Income | -5.1M | -4.6M | -5.4M | 269,000 | -2.6M | -- |
| EBIT | -6.9M | -3.2M | -2.8M | 3.8M | -2.4M | -- |
| Interest Expense | -74,000 | 346,000 | 342,000 | 10.8M | 39,181 | -- |
| Interest Expense Non Operating | -74,000 | 346,000 | 342,000 | 10.8M | 39,181 | -- |
| Interest Income | 38,000 | 52,000 | 10,000 | -- | 56,745 | 29,000 |
| Interest Income Non Operating | 38,000 | 52,000 | 10,000 | -- | 56,745 | 29,000 |
| Net Interest Income | 213,000 | -294,000 | -332,000 | -10.8M | 17,564 | -- |
| Other Income Expense | -1.9M | 1.4M | 2.6M | 3.5M | 114,842 | -- |
| Other Non Operating Income Expenses | -- | -- | -- | -5.0M | -- | -2.7M |
| Special Income Charges | 0.00 | 0.00 | 0.00 | -- | 113,491 | 0.00 |
| Restructuring And Mergern Acquisition | -- | 0.00 | -- | -- | -- | 0.00 |
| Gain On Sale Of Security | -1.9M | 1.4M | 2.6M | 8.5M | 1,351 | -- |
| Pretax Income | -6.8M | -3.6M | -3.1M | -7.0M | -2.5M | -- |
| Tax Provision | -- | -- | -- | -- | 0.00 | -- |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | -6.8M | -3.6M | -3.1M | -7.0M | -2.5M | -- |
| Net Income From Continuing Operation Net Minority Interest | -6.8M | -3.6M | -3.1M | -7.0M | -2.5M | -- |
| Net Income Including Noncontrolling Interests | -6.8M | -3.6M | -3.1M | -7.0M | -2.5M | -- |
| Net Income Common Stockholders | -6.8M | -3.6M | -3.1M | -7.0M | -2.5M | -- |
| Net Income | -6.8M | -3.6M | -3.1M | -7.0M | -2.5M | -- |
| EBITDA | -6.7M | -3.0M | -2.6M | 4.0M | -2.2M | -- |
| Normalized EBITDA | -4.7M | -4.4M | -5.2M | -4.5M | -2.3M | -- |
| Reconciled Depreciation | 200,000 | 203,000 | 202,000 | 208,000 | 240,000 | -- |
| Basic EPS | -- | -0.05 | -0.07 | -0.18 | -0.06 | -0.29 |
| Diluted EPS | -- | -0.05 | -0.07 | -0.18 | -0.06 | -0.29 |
| Basic Average Shares | -- | 68.5M | 44.3M | 40.1M | 44.3M | 44.3M |
| Diluted Average Shares | -- | 68.5M | 44.3M | 40.1M | 44.3M | 44.3M |
| Total Unusual Items | -1.9M | 1.4M | 2.6M | 8.5M | 114,842 | -- |
| Total Unusual Items Excluding Goodwill | -1.9M | 1.4M | 2.6M | 8.5M | 114,842 | -- |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Normalized Income | -4.9M | -4.9M | -5.7M | -15.5M | -2.6M | -- |
| Depreciation Amortization Depletion Income Statement | 200,000 | 203,000 | 201,000 | 209,000 | -- | 222,000 |
| Diluted NI Availto Com Stockholders | -6.8M | -3.6M | -3.1M | -7.0M | -2.5M | -- |
| Gain On Sale Of Ppe | -- | -- | -- | -- | 0.00 | -- |
| Net Income Continuous Operations | -6.8M | -3.6M | -3.1M | -7.0M | -2.5M | -- |
| Net Non Operating Interest Income Expense | 213,000 | -294,000 | -332,000 | -10.8M | 17,564 | -- |
| Other Gand A | 1.6M | 1.3M | 1.5M | 1.7M | 2.6M | -- |
| Other Special Charges | -- | -- | -- | -- | -113,491 | -- |
| Reconciled Cost Of Revenue | 33,000 | 1,000 | -87,000 | 1.5M | -- | 459,000 |
| Rent Expense Supplemental | -- | -- | 0.00 | 106,000 | -- | -- |
| Total Expenses | 5.5M | 4.7M | 5.5M | 8.4M | 2.6M | -- |
| Total Operating Income As Reported | -5.1M | -4.6M | -5.4M | 269,000 | -2.6M | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 5.8M | 11.3M | 1.0M | 5.1M | 4.1M | -- |
| Cash Cash Equivalents And Short Term Investments | 5.8M | 11.3M | 1.0M | 5.1M | 4.1M | -- |
| Cash Financial | -- | -- | -- | 5.1M | 4.1M | -- |
| Other Short Term Investments | -- | -- | -- | 332,000 | -- | -- |
| Accounts Receivable | 407,000 | 287,000 | 246,000 | 549,000 | -- | -- |
| Receivables | 672,000 | 2.0M | 1.1M | 1.7M | 179,694 | -- |
| Inventory | 341,000 | 131,000 | 137,000 | 103,000 | -- | -- |
| Prepaid Assets | 1.4M | -- | -- | -- | 82,416 | -- |
| Current Assets | 8.3M | 13.4M | 2.3M | 6.9M | 4.3M | -- |
| Gross PPE | 6.5M | 6.1M | 6.1M | 6.2M | -- | -- |
| Accumulated Depreciation | -4.5M | -3.9M | -3.9M | -3.8M | -- | -- |
| Net PPE | 2.0M | 2.1M | 2.3M | 2.4M | -- | -- |
| Goodwill And Other Intangible Assets | 2.2M | 2.1M | 2.2M | 2.2M | -- | -- |
| Other Intangible Assets | 2.2M | 2.1M | 2.2M | 2.2M | -- | -- |
| Other Non Current Assets | -- | -- | 27,000 | 52,000 | -- | -- |
| Total Non Current Assets | 4.2M | 4.3M | 4.5M | 4.7M | 75,660 | -- |
| Total Assets | 12.4M | 17.7M | 6.8M | 11.6M | 4.4M | -- |
| Current Debt | 1.1M | 687,000 | 614,000 | 482,000 | -- | -- |
| Current Debt And Capital Lease Obligation | 1.9M | 1.6M | 1.4M | 1.3M | 589,071 | -- |
| Accounts Payable | 2.9M | 3.4M | 6.1M | 5.0M | 848,478 | -- |
| Payables | 2.9M | 3.4M | 6.1M | 5.0M | 1.0M | -- |
| Payables And Accrued Expenses | 2.9M | 3.4M | 6.1M | 5.0M | 1.2M | -- |
| Current Accrued Expenses | -- | -- | -- | -- | 166,183 | -- |
| Current Deferred Revenue | 606,000 | 251,000 | 251,000 | 135,000 | -- | -- |
| Other Current Liabilities | 2.8M | 1.1M | 2.2M | 5.2M | -- | -- |
| Current Liabilities | 8.2M | 6.3M | 9.9M | 11.6M | 2.0M | -- |
| Long Term Debt | 17.3M | 17.6M | 17.7M | 17.0M | -- | -- |
| Long Term Debt And Capital Lease Obligation | 18.0M | 18.4M | 19.0M | 18.3M | 512,059 | -- |
| Long Term Capital Lease Obligation | 734,000 | 804,000 | 1.3M | 1.4M | 512,059 | -- |
| Total Non Current Liabilities Net Minority Interest | 22.3M | 23.2M | 23.9M | 23.4M | 512,059 | -- |
| Total Liabilities Net Minority Interest | 30.5M | 29.5M | 33.8M | 35.0M | 2.5M | -- |
| Common Stock | 126.8M | 126.7M | 114.7M | 114.7M | 359.5M | -- |
| Capital Stock | 126.8M | 126.7M | 114.7M | 114.7M | 359.5M | -- |
| Retained Earnings | -167.0M | -160.2M | -156.6M | -153.5M | -396.1M | -- |
| Gains Losses Not Affecting Retained Earnings | 16.1M | 15.6M | 14.9M | 15.3M | 34.8M | -- |
| Other Equity Adjustments | 16.2M | 16.5M | 16.1M | 16.1M | 34.8M | -- |
| Common Stock Equity | -18.0M | -11.8M | -27.0M | -23.4M | 1.9M | -- |
| Stockholders Equity | -18.0M | -11.8M | -27.0M | -23.4M | 1.9M | -- |
| Total Equity Gross Minority Interest | -18.0M | -11.8M | -27.0M | -23.4M | 1.9M | -- |
| Total Capitalization | -763,000 | 5.8M | -9.3M | -6.5M | 1.9M | -- |
| Net Tangible Assets | -20.2M | -13.9M | -29.2M | -25.7M | 1.9M | -- |
| Tangible Book Value | -20.2M | -13.9M | -29.2M | -25.7M | 1.9M | -- |
| Working Capital | 58,000 | 7.1M | -7.6M | -4.8M | 2.4M | -- |
| Invested Capital | 343,000 | 6.5M | -8.6M | -6.0M | 1.9M | -- |
| Total Debt | 19.9M | 20.0M | 20.3M | 19.7M | 1.1M | -- |
| Net Debt | 12.5M | 7.0M | 17.3M | 12.4M | -- | -- |
| Share Issued | 76.8M | 76.8M | 44.3M | 44.3M | 44.3M | -- |
| Ordinary Shares Number | 76.8M | 76.8M | 44.3M | 44.3M | 44.3M | -- |
| Buildings And Improvements | 1.6M | 856,000 | 920,000 | -- | -- | -- |
| Capital Lease Obligations | 1.5M | 1.7M | 2.0M | 2.2M | 1.1M | -- |
| Current Capital Lease Obligation | 800,000 | 932,000 | 752,000 | 852,000 | 589,071 | -- |
| Current Deferred Liabilities | 606,000 | 251,000 | 251,000 | 135,000 | -- | -- |
| Finished Goods | 0.00 | 0.00 | 25,000 | 28,000 | -- | -- |
| Foreign Currency Translation Adjustments | -163,000 | -895,000 | -1.1M | -726,000 | -- | -- |
| Income Tax Payable | -- | -- | -- | -- | 32,426 | -- |
| Leases | 1.2M | 1.2M | 1.2M | 1.2M | -- | -- |
| Machinery Furniture Equipment | 939,000 | 927,000 | 922,000 | 915,000 | -- | -- |
| Non Current Accounts Receivable | -- | -- | -- | -- | 75,660 | -- |
| Non Current Deferred Liabilities | 4.3M | 4.8M | 4.9M | 5.1M | -- | -- |
| Non Current Deferred Revenue | 4.3M | 4.8M | 4.9M | 5.1M | -- | -- |
| Other Current Borrowings | 1.1M | 687,000 | 614,000 | 482,000 | -- | -- |
| Other Equity Interest | 6.1M | 6.1M | -- | -- | 3.7M | -- |
| Other Payable | -- | -- | -- | -- | 147,268 | -- |
| Other Properties | 2.9M | 3.2M | 3.2M | 4.1M | -- | -- |
| Other Receivables | -- | 1.5M | 773,000 | 806,000 | 81,065 | -- |
| Pensionand Other Post Retirement Benefit Plans Current | -- | -- | -- | -- | 186,449 | -- |
| Preferred Stock | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- |
| Raw Materials | 307,000 | 129,000 | 110,000 | 46,000 | -- | -- |
| Taxes Receivable | 265,000 | 203,000 | 128,000 | 332,000 | 98,629 | -- |
| Total Tax Payable | -- | -- | -- | -- | 32,426 | -- |
| Work In Process | 34,000 | 2,000 | 2,000 | 29,000 | -- | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -5.0M | -7.8M | -3.6M | -8.7M | -4.5M | -- |
| Cash Flow From Continuing Operating Activities | -5.0M | -7.8M | -3.6M | -8.7M | -4.5M | -- |
| Depreciation And Amortization | 200,000 | 203,000 | 202,000 | 208,000 | 240,000 | -- |
| Depreciation Amortization Depletion | 200,000 | 203,000 | 202,000 | 208,000 | 240,000 | -- |
| Stock Based Compensation | 296,000 | 66,000 | 11,000 | 65,000 | 66,000 | -- |
| Change In Working Capital | -644,000 | -3.5M | 1.7M | -1.2M | 1.6M | -- |
| Changes In Account Receivables | 49,000 | -14,000 | 327,000 | 329,000 | -166,000 | -- |
| Change In Receivables | -14,000 | -88,000 | 531,000 | 265,000 | -231,000 | -- |
| Change In Inventory | -209,000 | 5,000 | -33,000 | 1.5M | 727,000 | -- |
| Change In Payables And Accrued Expense | -408,000 | -2.7M | 1.1M | -2.8M | 858,000 | -- |
| Change In Other Working Capital | -- | 0.00 | -- | -- | -- | -- |
| Other Non Cash Items | -10.9M | 283,000 | 279,000 | 7.7M | -1.2M | -- |
| Capital Expenditure | -100,000 | -6,000 | -34,000 | -43,000 | -206,000 | -- |
| Purchase Of PPE | -11,000 | -6,000 | -27,000 | -29,000 | -159,000 | -- |
| Net PPE Purchase And Sale | -11,000 | -6,000 | -27,000 | -29,000 | -159,000 | -- |
| Investing Cash Flow | -100,000 | -6,000 | -34,000 | 3.7M | -206,000 | -- |
| Cash Flow From Continuing Investing Activities | -100,000 | -6,000 | -34,000 | 3.7M | -206,000 | -- |
| Issuance Of Debt | 0.00 | -- | -- | -- | 3.5M | -- |
| Repayment Of Debt | -301,000 | -428,000 | -373,000 | -430,000 | -170,000 | -- |
| Net Issuance Payments Of Debt | -301,000 | -428,000 | -373,000 | -430,000 | 3.4M | -- |
| Issuance Of Capital Stock | -40,000 | 12.1M | 0.00 | 10.1M | 0.00 | -- |
| Net Common Stock Issuance | -40,000 | 12.1M | 0.00 | 10.1M | 0.00 | -- |
| Financing Cash Flow | -363,000 | 18.0M | -373,000 | 9.7M | 3.4M | -- |
| Cash Flow From Continuing Financing Activities | -363,000 | 18.0M | -373,000 | 9.7M | 3.4M | -- |
| Changes In Cash | -5.4M | 10.2M | -4.1M | 4.7M | -1.3M | -- |
| Beginning Cash Position | 11.3M | 1.0M | 5.1M | 436,000 | 1.7M | -- |
| End Cash Position | 5.8M | 11.3M | 1.0M | 5.1M | 436,000 | -- |
| Free Cash Flow | -5.1M | -7.8M | -3.7M | -8.8M | -4.7M | -- |
| Amortization Cash Flow | 63,000 | 63,000 | 63,000 | 62,000 | 68,000 | -- |
| Amortization Of Intangibles | 63,000 | 63,000 | 63,000 | 62,000 | 68,000 | -- |
| Asset Impairment Charge | -93,000 | 0.00 | 0.00 | 137,000 | 89,000 | -- |
| Change In Prepaid Assets | 103,000 | -745,000 | 32,000 | -177,000 | -21,000 | -- |
| Common Stock Issuance | -40,000 | 12.1M | 0.00 | 10.1M | 0.00 | -- |
| Depreciation | 137,000 | 140,000 | 139,000 | 146,000 | 172,000 | -- |
| Gain Loss On Investment Securities | -- | -1.2M | -2.9M | -8.5M | -- | -- |
| Gain Loss On Sale Of PPE | 108,000 | 1,000 | -2,000 | 95,000 | 7,000 | -- |
| Long Term Debt Payments | -301,000 | -428,000 | -373,000 | -430,000 | -170,000 | -- |
| Net Foreign Currency Exchange Gain Loss | 283,000 | -14,000 | 193,000 | -201,000 | 1.4M | -- |
| Net Income From Continuing Operations | -6.8M | -3.6M | -3.1M | -7.0M | -16.1M | -- |
| Net Intangibles Purchase And Sale | -89,000 | 0.00 | -7,000 | -14,000 | -47,000 | -- |
| Net Long Term Debt Issuance | -301,000 | -428,000 | -373,000 | -430,000 | -170,000 | -- |
| Net Other Investing Changes | 0.00 | 0.00 | 0.00 | 3.8M | -- | -- |
| Net Short Term Debt Issuance | 0.00 | -- | -- | -- | 3.5M | -- |
| Operating Gains Losses | 13.0M | -1.2M | -2.7M | -8.6M | 1.6M | -- |
| Proceeds From Stock Option Exercised | -22,000 | 6.3M | -- | -- | 0.00 | -- |
| Purchase Of Intangibles | -89,000 | 0.00 | -7,000 | -14,000 | -47,000 | -- |
| Short Term Debt Issuance | 0.00 | -- | -- | -- | 3.5M | -- |