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 | 366.7M | 370.7M | 381.7M | 262.6M |
| Operating Revenue | 366.7M | 370.7M | 381.7M | 262.6M |
| Cost Of Revenue | 258.7M | 266.0M | 271.8M | 187.4M |
| Gross Profit | 108.1M | 104.7M | 109.9M | 75.3M |
| Selling General And Administration | 32.8M | 30.7M | 34.4M | 25.1M |
| General And Administrative Expense | 32.8M | 30.7M | 34.4M | 25.1M |
| Depreciation And Amortization In Income Statement | 19.2M | 20.0M | 20.1M | 15.4M |
| Other Operating Expenses | 48.7M | 46.8M | 47.8M | 29.9M |
| Operating Expense | 100.6M | 97.5M | 102.3M | 70.5M |
| Operating Income | 7.5M | 7.2M | 7.6M | 4.8M |
| EBIT | 4.7M | 4.7M | -20.7M | -9.2M |
| Interest Expense | 9.2M | 14.3M | 15.2M | 14.5M |
| Interest Expense Non Operating | 9.2M | 14.3M | 15.2M | 14.5M |
| Interest Income | 63,000 | 1.3M | 278,000 | 58,000 |
| Interest Income Non Operating | 63,000 | 1.3M | 278,000 | 58,000 |
| Net Interest Income | -9.1M | -13.0M | -14.9M | -14.6M |
| Other Income Expense | -2.8M | -3.8M | -28.6M | -14.0M |
| Special Income Charges | -2.8M | -4.1M | -31.4M | -11.7M |
| Restructuring And Mergern Acquisition | 1.4M | 1.7M | 6.9M | 9.0M |
| Gain On Sale Of Security | -- | 281,000 | 2.9M | -2.2M |
| Pretax Income | -4.5M | -9.6M | -35.9M | -23.7M |
| Tax Provision | 32,000 | -4.2M | -1.5M | -1.0M |
| Tax Effect Of Unusual Items | -420,750 | -1.5M | -1.2M | -590,975 |
| Net Income From Continuing And Discontinued Operation | -4.5M | -5.4M | -34.4M | -22.7M |
| Net Income From Continuing Operation Net Minority Interest | -4.5M | -5.4M | -34.4M | -22.7M |
| Net Income Including Noncontrolling Interests | -4.5M | -5.4M | -34.4M | -22.7M |
| Net Income Common Stockholders | -4.5M | -5.4M | -34.4M | -22.7M |
| Net Income | -4.5M | -5.4M | -34.4M | -22.7M |
| EBITDA | 23.9M | 24.7M | -610,000 | 6.2M |
| Normalized EBITDA | 26.7M | 28.5M | 28.0M | 20.1M |
| Reconciled Depreciation | 19.2M | 20.0M | 20.1M | 15.4M |
| Basic EPS | -0.07 | -0.09 | -0.72 | -0.65 |
| Diluted EPS | -0.07 | -0.09 | -0.72 | -0.65 |
| Basic Average Shares | 60.3M | 57.4M | 47.6M | 34.9M |
| Diluted Average Shares | 60.3M | 57.4M | 47.6M | 34.9M |
| Total Unusual Items | -2.8M | -3.8M | -28.6M | -14.0M |
| Total Unusual Items Excluding Goodwill | -2.8M | -3.8M | -28.6M | -14.0M |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.04 | 0.04 |
| Normalized Income | -2.1M | -3.1M | -7.0M | -9.4M |
| Depreciation Amortization Depletion Income Statement | 19.2M | 20.0M | 20.1M | 15.4M |
| Diluted NI Availto Com Stockholders | -4.5M | -5.4M | -34.4M | -22.7M |
| Gain On Sale Of Ppe | -676,000 | -401,000 | -249,000 | -54,000 |
| Impairment Of Capital Assets | 764,000 | 710,000 | 24.3M | 0.00 |
| Net Income Continuous Operations | -4.5M | -5.4M | -34.4M | -22.7M |
| Net Income Discontinuous Operations | -- | -- | -- | 0.00 |
| Net Non Operating Interest Income Expense | -9.1M | -13.0M | -14.9M | -14.6M |
| Other Special Charges | -- | 1.3M | -- | 2.7M |
| Reconciled Cost Of Revenue | 258.7M | 266.0M | 271.8M | 187.4M |
| Salaries And Wages | 32.8M | 30.7M | 34.4M | 25.1M |
| Total Expenses | 359.3M | 363.5M | 374.1M | 257.8M |
| Total Operating Income As Reported | 4.5M | 4.7M | -21.9M | -3.3M |
| Total Other Finance Cost | -- | -- | -- | 155,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 9.1M | 7.0M | 28.4M | 35.6M |
| Cash Cash Equivalents And Short Term Investments | 9.1M | 7.0M | 28.4M | 35.6M |
| Cash Financial | -- | 7.0M | 28.4M | 35.6M |
| Accounts Receivable | 32.4M | 34.9M | 36.4M | 36.1M |
| Receivables | 33.1M | 36.1M | 37.3M | 38.1M |
| Inventory | 17.7M | 19.7M | 20.3M | 18.0M |
| Prepaid Assets | -- | -- | -- | 2.8M |
| Other Current Assets | 2.0M | 2.0M | 2.6M | 2.8M |
| Current Assets | 62.3M | 65.4M | 89.2M | 95.2M |
| Gross PPE | 90.0M | 78.9M | 74.0M | 56.6M |
| Accumulated Depreciation | -33.1M | -26.7M | -21.6M | -18.5M |
| Net PPE | 56.9M | 52.1M | 52.4M | 38.2M |
| Goodwill | 70.0M | 70.0M | 70.0M | 92.1M |
| Goodwill And Other Intangible Assets | 104.3M | 114.3M | 123.0M | 146.7M |
| Other Intangible Assets | 34.3M | 44.3M | 53.0M | 54.6M |
| Investments And Advances | -- | -- | 0.00 | 2.7M |
| Total Non Current Assets | 161.2M | 166.5M | 175.4M | 187.6M |
| Total Assets | 223.5M | 231.9M | 264.5M | 282.8M |
| Current Debt | 5.3M | 9.9M | 7.4M | 733,000 |
| Current Debt And Capital Lease Obligation | 8.1M | 12.7M | 10.0M | 1.3M |
| Accounts Payable | 31.8M | 29.1M | 30.5M | 33.2M |
| Payables | 36.1M | 33.7M | 36.1M | 37.8M |
| Payables And Accrued Expenses | 52.5M | 47.4M | 47.4M | 46.3M |
| Current Accrued Expenses | 16.4M | 13.7M | 11.3M | 8.6M |
| Current Deferred Revenue | 822,000 | 0.00 | -- | -- |
| Other Current Liabilities | 1.2M | 2.2M | 5.8M | 5.4M |
| Current Liabilities | 62.8M | 62.4M | 63.9M | 53.0M |
| Long Term Debt | 40.0M | 57.1M | 99.4M | 112.0M |
| Long Term Debt And Capital Lease Obligation | 74.5M | 85.1M | 125.2M | 130.2M |
| Long Term Capital Lease Obligation | 34.6M | 28.0M | 25.8M | 18.2M |
| Other Non Current Liabilities | 2.0M | 2.8M | 3.7M | 2.6M |
| Total Non Current Liabilities Net Minority Interest | 76.5M | 87.9M | 136.2M | 147.6M |
| Total Liabilities Net Minority Interest | 139.3M | 150.4M | 200.1M | 200.5M |
| Common Stock | 331.1M | 323.3M | 299.8M | 283.5M |
| Capital Stock | 331.1M | 323.3M | 299.8M | 283.5M |
| Additional Paid In Capital | 39.7M | 33.6M | 34.5M | 32.3M |
| Retained Earnings | -287.2M | -282.7M | -277.3M | -242.9M |
| Common Stock Equity | 84.2M | 81.5M | 64.5M | 82.3M |
| Stockholders Equity | 84.2M | 81.5M | 64.5M | 82.3M |
| Total Equity Gross Minority Interest | 84.2M | 81.5M | 64.5M | 82.3M |
| Total Capitalization | 124.2M | 138.7M | 163.8M | 194.3M |
| Net Tangible Assets | -20.1M | -32.8M | -58.5M | -64.4M |
| Tangible Book Value | -20.1M | -32.8M | -58.5M | -64.4M |
| Working Capital | -467,000 | 3.0M | 25.3M | 42.3M |
| Invested Capital | 129.5M | 148.6M | 171.2M | 195.0M |
| Total Debt | 82.6M | 97.9M | 135.2M | 131.4M |
| Net Debt | 36.2M | 60.0M | 78.4M | 77.1M |
| Share Issued | 62.2M | 59.8M | 51.0M | 46.3M |
| Ordinary Shares Number | 62.2M | 59.8M | 51.0M | 46.3M |
| Capital Lease Obligations | 37.3M | 30.8M | 28.4M | 18.7M |
| Current Capital Lease Obligation | 2.8M | 2.8M | 2.6M | 533,000 |
| Current Deferred Liabilities | 822,000 | 0.00 | -- | -- |
| Derivative Product Liabilities | -- | -- | -- | 5.9M |
| Income Tax Payable | -- | -- | -- | 0.00 |
| Leases | 47.8M | 38.6M | 37.6M | 24.5M |
| Machinery Furniture Equipment | 29.5M | 28.3M | 26.2M | 24.3M |
| Non Current Deferred Liabilities | 0.00 | 18,000 | 7.2M | 14.8M |
| Non Current Deferred Taxes Liabilities | -- | 0.00 | 4.0M | 5.5M |
| Other Current Borrowings | 5.3M | 9.9M | 7.4M | 733,000 |
| Other Equity Interest | 583,000 | 7.3M | 7.5M | 9.4M |
| Other Payable | 4.3M | 4.6M | 5.6M | 4.6M |
| Other Properties | 12.7M | 12.0M | 10.2M | 7.8M |
| Pensionand Other Post Retirement Benefit Plans Current | 124,000 | 125,000 | 613,000 | 0.00 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Restricted Cash | 480,000 | 680,000 | 680,000 | 680,000 |
| Taxes Receivable | 719,000 | 1.2M | 861,000 | 2.0M |
| Total Tax Payable | -- | -- | -- | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 38.0M | 27.4M | 22.3M | 7.3M |
| Cash Flow From Continuing Operating Activities | 38.0M | 27.4M | 22.3M | 7.3M |
| Depreciation And Amortization | 19.2M | 20.0M | 20.1M | 15.4M |
| Depreciation Amortization Depletion | 19.2M | 20.0M | 20.1M | 15.4M |
| Stock Based Compensation | 3.7M | 1.5M | 4.6M | 2.7M |
| Deferred Tax | 32,000 | -4.2M | -1.5M | -1.0M |
| Deferred Income Tax | 32,000 | -4.2M | -1.5M | -1.0M |
| Change In Working Capital | 9.0M | 2.1M | 360,000 | -3.7M |
| Change In Receivables | 3.8M | 1.5M | 1.2M | -10.7M |
| Change In Inventory | 1.5M | 648,000 | -2.0M | -2.8M |
| Change In Payables And Accrued Expense | 3.5M | -181,000 | 816,000 | 15.0M |
| Change In Payable | 3.5M | -181,000 | 816,000 | 15.0M |
| Change In Other Working Capital | -- | -- | -- | -4.2M |
| Other Non Cash Items | 9.0M | 11.3M | 10.7M | 14.6M |
| Capital Expenditure | -8.1M | -8.7M | -13.6M | -7.1M |
| Purchase Of PPE | -5.6M | -4.7M | -10.0M | -5.4M |
| Net PPE Purchase And Sale | -5.4M | -4.7M | -10.0M | -5.3M |
| Purchase Of Business | 0.00 | -3.7M | -3.0M | -82.1M |
| Investing Cash Flow | -7.9M | -12.3M | -16.6M | -93.2M |
| Cash Flow From Continuing Investing Activities | -7.9M | -12.3M | -16.6M | -93.2M |
| Issuance Of Debt | 1.8M | 60.3M | 0.00 | 64.4M |
| Repayment Of Debt | -23.4M | -100.1M | -5.3M | -34.0M |
| Net Issuance Payments Of Debt | -21.6M | -39.8M | -5.3M | 30.4M |
| Issuance Of Capital Stock | 0.00 | 14.7M | 1.0M | 80.9M |
| Repurchase Of Capital Stock | -801,000 | -56,000 | 0.00 | -- |
| Net Common Stock Issuance | -801,000 | 14.6M | 1.0M | 80.9M |
| Common Stock Payments | -801,000 | -56,000 | 0.00 | -- |
| Financing Cash Flow | -28.0M | -36.4M | -13.0M | 101.9M |
| Cash Flow From Continuing Financing Activities | -28.0M | -36.4M | -13.0M | 101.9M |
| Changes In Cash | 2.1M | -21.3M | -7.3M | 16.0M |
| Beginning Cash Position | 7.0M | 28.4M | 35.6M | 19.6M |
| End Cash Position | 9.1M | 7.0M | 28.4M | 35.6M |
| Free Cash Flow | 29.9M | 18.7M | 8.7M | 153,000 |
| Amortization Cash Flow | 9.8M | 10.3M | 10.6M | 8.4M |
| Amortization Of Intangibles | 9.8M | 10.3M | 10.6M | 8.4M |
| Asset Impairment Charge | 764,000 | 710,000 | 24.3M | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Account Payable | 3.5M | -181,000 | 816,000 | 15.0M |
| Change In Prepaid Assets | 145,000 | 186,000 | 307,000 | -997,000 |
| Common Stock Issuance | 0.00 | 14.7M | 1.0M | 80.9M |
| Depreciation | 9.4M | 9.7M | 9.4M | 7.0M |
| Gain Loss On Investment Securities | -- | -281,000 | -5.6M | 2.2M |
| Interest Paid Cff | -5.8M | -11.2M | -8.7M | -9.0M |
| Interest Received Cfo | 63,000 | 1.3M | 278,000 | -- |
| Long Term Debt Issuance | 1.8M | 60.3M | 0.00 | 64.4M |
| Long Term Debt Payments | -23.4M | -100.1M | -5.3M | -34.0M |
| Net Business Purchase And Sale | 0.00 | -3.7M | -3.0M | -82.1M |
| Net Income From Continuing Operations | -4.5M | -5.4M | -34.4M | -22.7M |
| Net Intangibles Purchase And Sale | -2.5M | -4.0M | -3.6M | -1.8M |
| Net Long Term Debt Issuance | -21.6M | -39.8M | -5.3M | 30.4M |
| Net Other Financing Charges | 200,000 | -- | -- | -320,000 |
| Net Other Investing Changes | -- | -- | -- | -4.0M |
| Net Short Term Debt Issuance | -- | -32.9M | 0.00 | 37.4M |
| Operating Gains Losses | 676,000 | 120,000 | -5.3M | 2.3M |
| Purchase Of Intangibles | -2.5M | -4.0M | -3.6M | -1.8M |
| Sale Of PPE | 196,000 | 39,000 | 3,000 | 67,000 |
| Short Term Debt Issuance | -- | 60.3M | 0.00 | 64.4M |
| Short Term Debt Payments | -- | -93.2M | 0.00 | -27.0M |
| Taxes Refund Paid | 140,000 | -15,000 | 495,000 | -234,000 |
| Unrealized Gain Loss On Investment Securities | -- | 0.00 | 2.7M | 0.00 |