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 | 0.00 | 0.00 | 0.00 | 78,760 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 78,760 |
| Selling General And Administration | 26.3M | 15.6M | 22.4M | 27.9M |
| General And Administrative Expense | 26.3M | 15.6M | 22.4M | 27.9M |
| Research And Development | 14.0M | 14.2M | 19.0M | 10.9M |
| Operating Expense | 40.3M | 29.8M | 41.3M | 38.7M |
| Operating Income | -40.3M | -29.8M | -41.3M | -38.7M |
| EBIT | -40.3M | -29.8M | -41.3M | -38.7M |
| Interest Income | 1.2M | 2.0M | 1.2M | 106,001 |
| Interest Income Non Operating | 1.2M | 2.0M | 1.2M | 106,001 |
| Net Interest Income | 1.2M | 2.0M | 1.2M | 106,001 |
| Other Income Expense | 2.4M | -381,253 | 9.2M | 6.9M |
| Other Non Operating Income Expenses | 28,223 | 149,739 | 164,443 | 112,229 |
| Gain On Sale Of Security | 2.4M | -530,992 | 9.0M | 6.8M |
| Pretax Income | -36.7M | -28.1M | -30.9M | -31.6M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -36.7M | -28.1M | -30.9M | -31.6M |
| Net Income From Continuing Operation Net Minority Interest | -36.7M | -28.1M | -30.9M | -31.6M |
| Net Income Including Noncontrolling Interests | -36.7M | -28.1M | -30.9M | -31.6M |
| Net Income Common Stockholders | -36.7M | -28.1M | -30.9M | -31.6M |
| Net Income | -36.7M | -28.1M | -30.9M | -31.6M |
| EBITDA | -39.9M | -29.5M | -41.1M | -38.4M |
| Normalized EBITDA | -42.3M | -29.0M | -50.1M | -45.3M |
| Reconciled Depreciation | 373,114 | 248,355 | 219,908 | 220,421 |
| Basic EPS | -0.51 | -0.44 | -0.49 | -0.73 |
| Diluted EPS | -0.51 | -0.44 | -0.49 | -0.73 |
| Basic Average Shares | 71.6M | 64.5M | 62.5M | 43.2M |
| Diluted Average Shares | 71.6M | 64.5M | 62.5M | 43.2M |
| Total Unusual Items | 2.4M | -530,992 | 9.0M | 6.8M |
| Total Unusual Items Excluding Goodwill | 2.4M | -530,992 | 9.0M | 6.8M |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -39.1M | -27.6M | -39.9M | -38.4M |
| Diluted NI Availto Com Stockholders | -36.7M | -28.1M | -30.9M | -31.6M |
| Net Income Continuous Operations | -36.7M | -28.1M | -30.9M | -31.6M |
| Net Non Operating Interest Income Expense | 1.2M | 2.0M | 1.2M | 106,001 |
| Other Gand A | 26.3M | 15.6M | 22.4M | 27.9M |
| Total Expenses | 40.3M | 29.8M | 41.3M | 38.7M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 30.6M | 34.9M | 59.5M | 83.9M |
| Cash Cash Equivalents And Short Term Investments | 30.6M | 34.9M | 59.5M | 83.9M |
| Accounts Receivable | 100,366 | 142,745 | 209,923 | 65,739 |
| Receivables | 361,621 | 279,872 | 480,197 | 407,127 |
| Prepaid Assets | 726,509 | 941,442 | 1.5M | 2.8M |
| Current Assets | 31.7M | 36.2M | 61.4M | 87.1M |
| Gross PPE | 968,251 | 993,816 | 788,585 | 713,876 |
| Accumulated Depreciation | -772,659 | -656,758 | -492,847 | -357,383 |
| Net PPE | 195,592 | 337,058 | 295,738 | 356,493 |
| Goodwill And Other Intangible Assets | 0.00 | 210,358 | 294,802 | 379,246 |
| Other Intangible Assets | -- | 210,358 | 294,802 | 379,246 |
| Total Non Current Assets | 195,592 | 547,416 | 590,540 | 735,739 |
| Total Assets | 31.9M | 36.7M | 62.0M | 87.9M |
| Current Debt And Capital Lease Obligation | 33,009 | 15,808 | 50,447 | 44,708 |
| Payables And Accrued Expenses | 7.0M | 8.0M | 9.3M | 4.9M |
| Other Current Liabilities | -- | 238,176 | 419,901 | 6.7M |
| Current Liabilities | 7.0M | 8.3M | 9.8M | 11.6M |
| Long Term Debt And Capital Lease Obligation | 125,523 | 158,532 | 22,424 | 72,871 |
| Long Term Capital Lease Obligation | 125,523 | 158,532 | 22,424 | 72,871 |
| Total Non Current Liabilities Net Minority Interest | 125,523 | 158,532 | 22,424 | 72,871 |
| Total Liabilities Net Minority Interest | 7.1M | 8.5M | 9.8M | 11.6M |
| Common Stock | 179.3M | 148.5M | 147.5M | 142.9M |
| Capital Stock | 179.3M | 148.5M | 147.5M | 142.9M |
| Additional Paid In Capital | 24.6M | 18.8M | 15.6M | 12.7M |
| Retained Earnings | -179.3M | -142.6M | -114.4M | -83.5M |
| Common Stock Equity | 24.7M | 28.2M | 52.2M | 76.2M |
| Stockholders Equity | 24.7M | 28.2M | 52.2M | 76.2M |
| Total Equity Gross Minority Interest | 24.7M | 28.2M | 52.2M | 76.2M |
| Total Capitalization | 24.7M | 28.2M | 52.2M | 76.2M |
| Net Tangible Assets | 24.7M | 28.0M | 51.9M | 75.9M |
| Tangible Book Value | 24.7M | 28.0M | 51.9M | 75.9M |
| Working Capital | 24.7M | 27.9M | 51.6M | 75.6M |
| Invested Capital | 24.7M | 28.2M | 52.2M | 76.2M |
| Total Debt | 158,532 | 174,340 | 72,871 | 117,579 |
| Share Issued | 82.6M | 65.4M | 64.0M | 61.9M |
| Ordinary Shares Number | 82.6M | 65.4M | 64.0M | 61.9M |
| Capital Lease Obligations | 158,532 | 174,340 | 72,871 | 117,579 |
| Current Capital Lease Obligation | 33,009 | 15,808 | 50,447 | 44,708 |
| Leases | 237,248 | 237,248 | 237,248 | 237,248 |
| Machinery Furniture Equipment | 216,811 | 195,521 | 179,154 | 145,539 |
| Other Equity Interest | -- | 3.5M | 3.5M | 4.2M |
| Other Properties | 514,192 | 561,047 | 372,183 | 331,089 |
| Other Receivables | 261,255 | 137,127 | 270,274 | 341,388 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -25.1M | -25.2M | -27.2M | -23.5M |
| Cash Flow From Continuing Operating Activities | -25.1M | -25.2M | -27.2M | -23.5M |
| Depreciation And Amortization | 373,114 | 248,355 | 219,908 | 220,421 |
| Depreciation Amortization Depletion | 373,114 | 248,355 | 219,908 | 220,421 |
| Stock Based Compensation | 14.3M | 4.2M | 5.0M | 8.5M |
| Change In Working Capital | -931,565 | -545,877 | 5.7M | 76,521 |
| Changes In Account Receivables | 42,379 | 67,178 | -144,184 | -59,946 |
| Change In Receivables | -81,749 | 200,325 | -73,070 | -187,204 |
| Change In Inventory | -- | 0.00 | 0.00 | 17,968 |
| Change In Payables And Accrued Expense | -1.1M | -1.3M | 4.5M | 2.4M |
| Other Non Cash Items | 25,724 | 32,375 | 534,426 | 4.1M |
| Capital Expenditure | -21,290 | -64,312 | -74,709 | -12,916 |
| Purchase Of PPE | -21,290 | -64,312 | -74,709 | -12,916 |
| Net PPE Purchase And Sale | -21,290 | -64,312 | -74,709 | -12,916 |
| Investing Cash Flow | -21,290 | -64,312 | -74,709 | -12,916 |
| Cash Flow From Continuing Investing Activities | -21,290 | -64,312 | -74,709 | -12,916 |
| Repayment Of Debt | -41,532 | -55,376 | -53,934 | -51,916 |
| Net Issuance Payments Of Debt | -41,532 | -55,376 | -53,934 | -51,916 |
| Issuance Of Capital Stock | 21.4M | 0.00 | 0.00 | 84.1M |
| Net Common Stock Issuance | 21.4M | 0.00 | 0.00 | 84.1M |
| Financing Cash Flow | 18.8M | -55,376 | -53,934 | 93.4M |
| Cash Flow From Continuing Financing Activities | 18.8M | -55,376 | -53,934 | 93.4M |
| Effect Of Exchange Rate Changes | 1.9M | 762,039 | 2.9M | -11,129 |
| Changes In Cash | -6.2M | -25.3M | -27.3M | 69.9M |
| Beginning Cash Position | 34.9M | 59.5M | 83.9M | 14.0M |
| End Cash Position | 30.6M | 34.9M | 59.5M | 83.9M |
| Free Cash Flow | -25.1M | -25.2M | -27.3M | -23.6M |
| Amortization Cash Flow | 210,358 | 84,444 | 84,444 | 84,444 |
| Amortization Of Intangibles | 210,358 | 84,444 | 84,444 | 84,444 |
| Change In Prepaid Assets | 214,933 | 546,471 | 1.3M | -2.1M |
| Common Stock Issuance | 21.4M | 0.00 | 0.00 | 84.1M |
| Depreciation | 162,756 | 163,911 | 135,464 | 135,977 |
| Gain Loss On Investment Securities | -238,176 | -181,725 | -4.9M | -4.8M |
| Long Term Debt Payments | -41,532 | -55,376 | -53,934 | -51,916 |
| Net Foreign Currency Exchange Gain Loss | -1.9M | -762,039 | -2.9M | 11,129 |
| Net Income From Continuing Operations | -36.7M | -28.1M | -30.9M | -31.6M |
| Net Long Term Debt Issuance | -41,532 | -55,376 | -53,934 | -51,916 |
| Net Other Financing Charges | -2.7M | -- | -- | -5.2M |
| Operating Gains Losses | -2.1M | -943,764 | -7.8M | -4.8M |
| Proceeds From Stock Option Exercised | 177,510 | 0.00 | 0.00 | 14.6M |