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 | 33.4M | 21.2M | 20.7M | 21.9M |
| Operating Revenue | 33.4M | 21.2M | 20.7M | 21.9M |
| Cost Of Revenue | 9.3M | 4.1M | 4.0M | 3.7M |
| Gross Profit | 24.1M | 17.1M | 16.7M | 18.3M |
| Selling General And Administration | 12.2M | 5.4M | 4.5M | 5.1M |
| General And Administrative Expense | 10.7M | 5.1M | 4.5M | -- |
| Research And Development | 0.00 | 139,000 | 98,000 | 88,000 |
| Depreciation And Amortization In Income Statement | 4.0M | 1.2M | 989,000 | -- |
| Other Operating Expenses | -- | -- | -- | 1.2M |
| Operating Expense | 16.3M | 6.8M | 5.6M | 5.2M |
| Operating Income | 7.8M | 10.3M | 11.1M | 13.1M |
| EBIT | 7.8M | 10.3M | 11.1M | 13.1M |
| Interest Expense | -- | -- | -- | 92,000 |
| Interest Expense Non Operating | -- | -- | -- | 92,000 |
| Interest Income | 330,000 | 1.9M | 464,000 | 12,000 |
| Interest Income Non Operating | 330,000 | 1.9M | 464,000 | 12,000 |
| Net Interest Income | 330,000 | 1.9M | 464,000 | -80,000 |
| Other Income Expense | -5.2M | 509,000 | -35,000 | -1.9M |
| Special Income Charges | -2.7M | -269,000 | 0.00 | -2.0M |
| Restructuring And Mergern Acquisition | 2.7M | 269,000 | -- | 0.00 |
| Gain On Sale Of Security | -2.5M | 778,000 | -35,000 | 88,000 |
| Pretax Income | 3.0M | 12.7M | 11.5M | 11.1M |
| Tax Provision | -8.6M | -7.7M | -15.2M | 3.3M |
| Tax Effect Of Unusual Items | -783,450 | 203,600 | -9,174 | -573,101 |
| Net Income From Continuing And Discontinued Operation | 11.5M | 20.4M | 26.6M | 7.8M |
| Net Income From Continuing Operation Net Minority Interest | 11.5M | 20.4M | 26.6M | 7.8M |
| Net Income Including Noncontrolling Interests | 11.5M | 20.4M | 26.6M | 7.8M |
| Net Income Common Stockholders | 11.5M | 20.4M | 26.6M | 7.8M |
| Net Income | 11.5M | 20.4M | 26.6M | 7.8M |
| EBITDA | 11.9M | 11.5M | 12.0M | 13.8M |
| Normalized EBITDA | 17.1M | 11.0M | 12.1M | 15.7M |
| Reconciled Depreciation | 4.0M | 1.2M | 989,000 | 701,000 |
| Basic EPS | 0.47 | 0.82 | 1.05 | 0.29 |
| Diluted EPS | 0.46 | 0.80 | 1.03 | 0.29 |
| Basic Average Shares | 24.6M | 24.9M | 25.4M | 26.6M |
| Diluted Average Shares | 25.1M | 25.5M | 25.8M | 26.8M |
| Total Unusual Items | -5.2M | 509,000 | -35,000 | -1.9M |
| Total Unusual Items Excluding Goodwill | -5.2M | 509,000 | -35,000 | -1.9M |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.26 | 0.30 |
| Normalized Income | 16.0M | 20.1M | 26.7M | 9.1M |
| Depreciation Amortization Depletion Income Statement | 4.0M | 1.2M | 989,000 | -- |
| Diluted NI Availto Com Stockholders | 11.5M | 20.4M | 26.6M | 7.8M |
| Gain On Sale Of Ppe | -- | -- | 0.00 | -758,000 |
| Impairment Of Capital Assets | -- | -- | -- | 0.00 |
| Insurance And Claims | 218,000 | 180,000 | 220,000 | -- |
| Net Income Continuous Operations | 11.5M | 20.4M | 26.6M | 7.8M |
| Net Income Discontinuous Operations | -- | -- | -- | 0.00 |
| Net Non Operating Interest Income Expense | 330,000 | 1.9M | 464,000 | -80,000 |
| Other Gand A | 5.0M | 2.6M | 2.8M | -- |
| Other Special Charges | -- | -- | -- | 1.2M |
| Reconciled Cost Of Revenue | 9.3M | 4.1M | 4.0M | 3.7M |
| Salaries And Wages | 5.5M | 2.3M | 1.5M | -- |
| Selling And Marketing Expense | 1.5M | 301,000 | 495,000 | -- |
| Total Expenses | 25.5M | 10.9M | 9.6M | 8.9M |
| Total Other Finance Cost | -- | -- | -464,000 | 80,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 17.8M | 39.8M | 28.8M | 20.5M |
| Cash Cash Equivalents And Short Term Investments | 17.8M | 39.8M | 28.8M | 20.5M |
| Cash Financial | -- | -- | 28.8M | 20.5M |
| Accounts Receivable | 13.9M | 5.1M | 6.8M | 6.7M |
| Receivables | 13.9M | 5.1M | 6.8M | 6.7M |
| Inventory | 5.8M | 3.0M | 2.2M | 1.6M |
| Prepaid Assets | -- | -- | 371,000 | 471,000 |
| Other Current Assets | 995,000 | 378,000 | 371,000 | 471,000 |
| Current Assets | 38.5M | 48.3M | 38.2M | 29.3M |
| Gross PPE | 1.2M | 756,000 | 716,000 | 641,000 |
| Accumulated Depreciation | -560,000 | -354,000 | -235,000 | -140,000 |
| Net PPE | 680,000 | 402,000 | 481,000 | 501,000 |
| Goodwill | 17.4M | 15.7M | 15.7M | 15.7M |
| Goodwill And Other Intangible Assets | 96.2M | 17.5M | 18.5M | 19.4M |
| Other Intangible Assets | 78.8M | 1.8M | 2.8M | 3.6M |
| Total Non Current Assets | 124.0M | 37.8M | 35.6M | 22.3M |
| Total Assets | 162.5M | 86.0M | 73.8M | 51.7M |
| Current Debt And Capital Lease Obligation | 283,000 | 94,000 | 101,000 | 56,000 |
| Accounts Payable | 5.9M | 4.6M | 4.1M | 5.6M |
| Payables | 5.9M | 4.6M | 9.0M | 11.8M |
| Payables And Accrued Expenses | 6.3M | 4.6M | 9.0M | 11.8M |
| Current Accrued Expenses | 358,000 | 0.00 | -- | -- |
| Current Deferred Revenue | 13.3M | 562,000 | 257,000 | 450,000 |
| Current Liabilities | 19.9M | 5.3M | 9.4M | 12.3M |
| Long Term Debt | 40.0M | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 40.3M | 259,000 | 327,000 | 460,000 |
| Long Term Capital Lease Obligation | 295,000 | 259,000 | 327,000 | 460,000 |
| Total Non Current Liabilities Net Minority Interest | 40.3M | 259,000 | 327,000 | 460,000 |
| Total Liabilities Net Minority Interest | 60.2M | 5.5M | 9.7M | 12.8M |
| Common Stock | 27.7M | 18.0M | 17.7M | 18.1M |
| Capital Stock | 27.7M | 18.0M | 17.7M | 18.1M |
| Additional Paid In Capital | 6.5M | 5.8M | 5.4M | 5.1M |
| Retained Earnings | 77.7M | 66.3M | 50.5M | 25.2M |
| Gains Losses Not Affecting Retained Earnings | -9.5M | -9.5M | -9.5M | -9.5M |
| Other Equity Adjustments | -9.5M | -9.5M | -9.5M | -9.5M |
| Common Stock Equity | 102.3M | 80.5M | 64.1M | 38.9M |
| Stockholders Equity | 102.3M | 80.5M | 64.1M | 38.9M |
| Total Equity Gross Minority Interest | 102.3M | 80.5M | 64.1M | 38.9M |
| Total Capitalization | 142.3M | 80.5M | 64.1M | 38.9M |
| Net Tangible Assets | 6.1M | 63.1M | 45.6M | 19.5M |
| Tangible Book Value | 6.1M | 63.1M | 45.6M | 19.5M |
| Working Capital | 18.6M | 43.0M | 28.8M | 17.0M |
| Invested Capital | 142.3M | 80.5M | 64.1M | 38.9M |
| Total Debt | 40.6M | 353,000 | 428,000 | 516,000 |
| Net Debt | 22.2M | -- | -- | -- |
| Share Issued | 25.6M | 24.0M | 25.1M | 25.9M |
| Ordinary Shares Number | 25.6M | 24.0M | 25.1M | 25.9M |
| Buildings And Improvements | 537,000 | 531,000 | 512,000 | 516,000 |
| Capital Lease Obligations | 578,000 | 353,000 | 428,000 | 516,000 |
| Current Capital Lease Obligation | 283,000 | 94,000 | 101,000 | 56,000 |
| Current Deferred Liabilities | 13.3M | 562,000 | 257,000 | 450,000 |
| Finished Goods | 5.6M | 3.2M | 2.2M | 1.6M |
| Income Tax Payable | 54,000 | 0.00 | 4.9M | 6.2M |
| Interest Payable | 358,000 | 0.00 | -- | -- |
| Inventories Adjustments Allowances | -176,000 | -212,000 | -68,000 | -66,000 |
| Leases | 99,000 | 92,000 | 74,000 | 0.00 |
| Machinery Furniture Equipment | 604,000 | 133,000 | 130,000 | 125,000 |
| Non Current Deferred Assets | 27.1M | 19.9M | 16.7M | 2.5M |
| Non Current Deferred Taxes Assets | 26.8M | 19.9M | 16.7M | 2.5M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 369,000 | 0.00 | -- | -- |
| Total Tax Payable | 54,000 | 0.00 | 4.9M | 6.2M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 19.5M | 16.0M | 10.7M | 13.8M |
| Cash Flow From Continuing Operating Activities | 19.5M | 16.0M | 10.7M | 13.8M |
| Depreciation And Amortization | 4.0M | 1.2M | 989,000 | 701,000 |
| Depreciation Amortization Depletion | 4.0M | 1.2M | 989,000 | 701,000 |
| Stock Based Compensation | 1.1M | 1.2M | 403,000 | 139,000 |
| Deferred Tax | -8.6M | -2.7M | -14.3M | -114,000 |
| Deferred Income Tax | -8.6M | -2.7M | -14.3M | -114,000 |
| Change In Working Capital | 9.0M | -3.3M | -3.0M | 4.7M |
| Changes In Account Receivables | -8.8M | 1.7M | -144,000 | 2.6M |
| Change In Receivables | -8.8M | 1.7M | -144,000 | 2.6M |
| Change In Inventory | 3.6M | -830,000 | -502,000 | -758,000 |
| Change In Payables And Accrued Expense | 1.7M | -4.4M | -2.3M | 2.4M |
| Change In Payable | 1.3M | -4.4M | -2.3M | 2.4M |
| Change In Other Working Capital | 12.8M | 268,000 | -193,000 | 143,000 |
| Other Non Cash Items | 95,000 | -10,000 | 6,000 | 92,000 |
| Capital Expenditure | -44,000 | -21,000 | -81,000 | -- |
| Purchase Of PPE | -44,000 | -21,000 | -81,000 | 0.00 |
| Net PPE Purchase And Sale | -44,000 | -21,000 | -81,000 | 0.00 |
| Investing Cash Flow | -80.0M | -144,000 | -81,000 | 0.00 |
| Cash Flow From Continuing Investing Activities | -80.0M | -144,000 | -81,000 | 0.00 |
| Issuance Of Debt | 40.0M | 0.00 | -- | -- |
| Repayment Of Debt | -- | -- | -58,000 | -828,000 |
| Net Issuance Payments Of Debt | 39.8M | -111,000 | -56,000 | -828,000 |
| Issuance Of Capital Stock | 0.00 | 0.00 | -- | -- |
| Repurchase Of Capital Stock | -176,000 | -5.6M | -2.0M | -1.7M |
| Net Common Stock Issuance | -176,000 | -5.6M | -2.0M | -1.7M |
| Common Stock Payments | -176,000 | -5.6M | -2.0M | -1.7M |
| Financing Cash Flow | 39.3M | -5.2M | -1.9M | -2.5M |
| Cash Flow From Continuing Financing Activities | 39.3M | -5.2M | -1.9M | -2.5M |
| Effect Of Exchange Rate Changes | -786,000 | 378,000 | -444,000 | 62,000 |
| Changes In Cash | -21.2M | 10.6M | 8.7M | 11.3M |
| Beginning Cash Position | 39.8M | 28.8M | 20.5M | 9.1M |
| End Cash Position | 17.8M | 39.8M | 28.8M | 20.5M |
| Free Cash Flow | 19.5M | 16.0M | 10.6M | 13.8M |
| Amortization Cash Flow | -- | -- | -- | 531,000 |
| Amortization Of Intangibles | -- | -- | -- | 531,000 |
| Change In Account Payable | 1.3M | 526,000 | -1.4M | -1.2M |
| Change In Accrued Expense | 358,000 | 0.00 | -- | -- |
| Change In Income Tax Payable | 54,000 | -5.0M | -847,000 | 3.6M |
| Change In Interest Payable | 358,000 | 0.00 | -- | -- |
| Change In Prepaid Assets | -348,000 | 11,000 | 100,000 | 374,000 |
| Change In Tax Payable | 54,000 | -5.0M | -847,000 | 3.6M |
| Common Stock Issuance | 0.00 | 0.00 | -- | -- |
| Depreciation | -- | -- | -- | 170,000 |
| Gain Loss On Investment Securities | -- | -- | -- | -5,000 |
| Long Term Debt Issuance | 40.0M | 0.00 | -- | -- |
| Long Term Debt Payments | -- | -- | -58,000 | -828,000 |
| Net Foreign Currency Exchange Gain Loss | 2.5M | -778,000 | 35,000 | -193,000 |
| Net Income From Continuing Operations | 11.5M | 20.4M | 26.6M | 7.8M |
| Net Intangibles Purchase And Sale | -- | -123,000 | 0.00 | -- |
| Net Long Term Debt Issuance | 39.8M | -111,000 | -56,000 | -828,000 |
| Net Other Financing Charges | -469,000 | -- | -- | -- |
| Net Other Investing Changes | -80.0M | -123,000 | -- | -- |
| Operating Gains Losses | 2.5M | -778,000 | 35,000 | 560,000 |
| Proceeds From Stock Option Exercised | 152,000 | 426,000 | 132,000 | 75,000 |
| Purchase Of Intangibles | -- | -123,000 | 0.00 | -- |