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 | 9.6M | 7.1M | 14.6M | 13.5M |
| Operating Revenue | 9.6M | 7.1M | 14.6M | 13.5M |
| Cost Of Revenue | 4.9M | 4.2M | 6.0M | 5.3M |
| Gross Profit | 4.7M | 2.9M | 8.6M | 8.2M |
| Selling General And Administration | 10.4M | 5.5M | 2.9M | 2.6M |
| General And Administrative Expense | 10.4M | 5.5M | 2.9M | 2.5M |
| Research And Development | 8.3M | 2.0M | 1.4M | 3.0M |
| Operating Expense | 18.8M | 7.6M | 4.2M | 5.6M |
| Operating Income | -14.0M | -4.6M | 4.3M | 2.6M |
| EBIT | -15.1M | -4.2M | 4.7M | 2.7M |
| Interest Expense | 129,000 | 136,000 | 143,000 | 119,128 |
| Interest Expense Non Operating | 129,000 | 136,000 | 143,000 | 119,128 |
| Interest Income | 441,000 | 59,000 | 145,000 | -- |
| Interest Income Non Operating | 441,000 | 59,000 | 145,000 | -- |
| Net Interest Income | 312,000 | -77,000 | 2,000 | -162,265 |
| Other Income Expense | -1.5M | 336,000 | 206,000 | 158,649 |
| Other Non Operating Income Expenses | 98,000 | 360,000 | -5,000 | 214,212 |
| Special Income Charges | -4.3M | 0.00 | 0.00 | 3,922 |
| Restructuring And Mergern Acquisition | -- | -- | -- | 0.00 |
| Gain On Sale Of Security | 2.6M | -24,000 | 211,000 | -59,484 |
| Pretax Income | -15.2M | -4.4M | 4.5M | 2.6M |
| Tax Provision | 84,000 | -885,000 | 1.1M | -52,919 |
| Tax Effect Of Unusual Items | -241,800 | -4,860 | 50,327 | -14,724 |
| Net Income From Continuing And Discontinued Operation | -15.3M | -3.5M | 3.4M | 2.6M |
| Net Income From Continuing Operation Net Minority Interest | -15.3M | -3.5M | 3.4M | 2.6M |
| Net Income Including Noncontrolling Interests | -15.3M | -3.5M | 3.4M | 2.6M |
| Net Income Common Stockholders | -15.3M | -3.5M | 3.4M | 2.6M |
| Net Income | -15.3M | -3.5M | 3.4M | 2.6M |
| EBITDA | -13.5M | -2.8M | 6.1M | 4.2M |
| Normalized EBITDA | -11.9M | -2.8M | 5.9M | 4.2M |
| Reconciled Depreciation | 1.6M | 1.4M | 1.5M | 1.5M |
| Basic EPS | -5.93 | -1.89 | 1.87 | 1.33 |
| Diluted EPS | -5.93 | -1.89 | 1.86 | 1.33 |
| Basic Average Shares | 2.6M | 1.8M | 1.8M | 1.8M |
| Diluted Average Shares | 2.6M | 1.8M | 1.9M | 1.9M |
| Total Unusual Items | -1.6M | -24,000 | 211,000 | -55,562 |
| Total Unusual Items Excluding Goodwill | -1.6M | -24,000 | 211,000 | -55,562 |
| Tax Rate For Calcs | 0.15 | 0.20 | 0.24 | 0.27 |
| Normalized Income | -13.9M | -3.5M | 3.3M | 2.7M |
| Diluted NI Availto Com Stockholders | -15.3M | -3.5M | 3.4M | 2.6M |
| Gain On Sale Of Ppe | -- | -- | 0.00 | 3,922 |
| Impairment Of Capital Assets | 4.3M | 0.00 | 0.00 | -- |
| Insurance And Claims | 732,000 | 170,000 | 161,000 | -- |
| Net Income Continuous Operations | -15.3M | -3.5M | 3.4M | 2.6M |
| Net Non Operating Interest Income Expense | 312,000 | -77,000 | 2,000 | -162,265 |
| Other Gand A | 6.6M | 3.5M | 1.6M | 2.5M |
| Reconciled Cost Of Revenue | 4.9M | 4.2M | 6.0M | 5.3M |
| Salaries And Wages | 3.1M | 1.9M | 1.1M | -- |
| Selling And Marketing Expense | -- | 30,517 | 21,779 | 36,955 |
| Total Expenses | 23.6M | 11.8M | 10.3M | 10.9M |
| Total Operating Income As Reported | -18.3M | -4.6M | 4.3M | 2.4M |
| Total Other Finance Cost | -- | 41,459 | 40,525 | 43,137 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 16.4M | 6.7M | 10.2M | 6.1M |
| Cash Cash Equivalents And Short Term Investments | 16.4M | 6.7M | 10.2M | 6.1M |
| Cash Financial | 16.4M | 6.7M | 10.2M | -- |
| Accounts Receivable | 2.4M | 290,000 | 2.1M | 1.6M |
| Receivables | 2.5M | 290,000 | 2.1M | 1.7M |
| Inventory | 2.7M | 4.0M | 2.8M | 1.8M |
| Prepaid Assets | 2.2M | 178,000 | 99,567 | 127,778 |
| Other Current Assets | 210,000 | 112,000 | -- | -- |
| Current Assets | 24.0M | 11.3M | 15.2M | 9.7M |
| Gross PPE | 20.1M | 21.4M | 20.5M | 21.4M |
| Accumulated Depreciation | -9.1M | -9.8M | -8.6M | -7.6M |
| Net PPE | 11.0M | 11.6M | 11.9M | 13.7M |
| Goodwill And Other Intangible Assets | 0.00 | 7,000 | 9,275 | 12,197 |
| Other Intangible Assets | -- | 7,000 | 9,275 | 12,197 |
| Other Non Current Assets | 123,000 | 8,000 | -- | -- |
| Total Non Current Assets | 11.1M | 12.5M | 12.6M | 14.6M |
| Total Assets | 35.1M | 23.7M | 27.8M | 24.4M |
| Current Debt And Capital Lease Obligation | 271,000 | 299,000 | 272,959 | 227,491 |
| Accounts Payable | 2.4M | 281,000 | -- | -- |
| Payables | 2.5M | 281,000 | -- | -- |
| Payables And Accrued Expenses | 4.2M | 882,000 | 1.3M | 534,938 |
| Current Accrued Expenses | 1.7M | 601,000 | -- | -- |
| Current Deferred Revenue | 120,000 | 0.00 | -- | -- |
| Other Current Liabilities | 1.6M | -- | -- | -- |
| Current Liabilities | 7.2M | 1.3M | 1.5M | 762,429 |
| Long Term Debt And Capital Lease Obligation | 2.0M | 1.4M | 1.7M | 1.9M |
| Long Term Capital Lease Obligation | 2.0M | 1.4M | 1.7M | 1.9M |
| Total Non Current Liabilities Net Minority Interest | 14.7M | 1.4M | 2.5M | 1.9M |
| Total Liabilities Net Minority Interest | 21.9M | 2.7M | 4.0M | 2.6M |
| Common Stock | 22.5M | 13.5M | 12.3M | 13.0M |
| Capital Stock | 22.5M | 13.5M | 12.3M | 13.0M |
| Additional Paid In Capital | 4.3M | 3.9M | 3.5M | 3.7M |
| Retained Earnings | -12.1M | 4.4M | 8.0M | 5.1M |
| Gains Losses Not Affecting Retained Earnings | -1.5M | -712,000 | -- | -- |
| Other Equity Adjustments | -1.5M | -712,000 | -- | -- |
| Common Stock Equity | 13.2M | 21.0M | 23.8M | 21.7M |
| Stockholders Equity | 13.2M | 21.0M | 23.8M | 21.7M |
| Total Equity Gross Minority Interest | 13.2M | 21.0M | 23.8M | 21.7M |
| Total Capitalization | 13.2M | 21.0M | 23.8M | 21.7M |
| Net Tangible Assets | 13.2M | 21.0M | 23.8M | 21.7M |
| Tangible Book Value | 13.2M | 21.0M | 23.8M | 21.7M |
| Working Capital | 16.8M | 10.0M | 13.6M | 9.0M |
| Invested Capital | 13.2M | 21.0M | 23.8M | 21.7M |
| Total Debt | 2.3M | 1.7M | 1.9M | 2.1M |
| Share Issued | 3.1M | 1.8M | 1.8M | 1.8M |
| Ordinary Shares Number | 3.1M | 1.8M | 1.8M | 1.8M |
| Buildings And Improvements | 3.6M | 2.8M | 2.7M | 2.7M |
| Capital Lease Obligations | 2.3M | 1.7M | 1.9M | 2.1M |
| Current Capital Lease Obligation | 271,000 | 299,000 | 272,959 | 227,491 |
| Current Deferred Liabilities | 168,000 | 0.00 | -- | -- |
| Current Provisions | 385,000 | -- | -- | -- |
| Employee Benefits | 11.7M | 0.00 | -- | -- |
| Finished Goods | 299,000 | 544,000 | 268,846 | 227,019 |
| Income Tax Payable | 105,000 | 0.00 | -- | -- |
| Leases | 5.6M | 6.7M | 6.4M | 6.8M |
| Machinery Furniture Equipment | 376,000 | 717,000 | 679,344 | 640,727 |
| Non Current Accounts Receivable | -- | 743,000 | 629,896 | 601,268 |
| Non Current Deferred Assets | 0.00 | 75,000 | 0.00 | 221,839 |
| Non Current Deferred Liabilities | 914,000 | 0.00 | 807,521 | 0.00 |
| Non Current Deferred Revenue | 914,000 | 0.00 | -- | -- |
| Non Current Deferred Taxes Assets | 0.00 | 75,000 | 0.00 | 221,839 |
| Non Current Deferred Taxes Liabilities | -- | 0.00 | 807,521 | 0.00 |
| Non Current Prepaid Assets | -- | 56,060 | 56,701 | 62,383 |
| Other Inventories | 2.0M | 3.1M | 2.1M | 1.4M |
| Other Properties | 10.5M | 11.3M | 10.7M | 11.2M |
| Other Receivables | -- | 163,397 | 47,751 | 35,960 |
| Pensionand Other Post Retirement Benefit Plans Current | 607,000 | 130,000 | -- | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 737,000 | 878,000 | 637,133 | 430,599 |
| Taxes Receivable | 114,000 | 0.00 | -- | -- |
| Total Tax Payable | 130,000 | 0.00 | -- | -- |
| Work In Process | 1.7M | 2.6M | 1.9M | 1.2M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -14.6M | -2.6M | 5.2M | 2.8M |
| Cash Flow From Continuing Operating Activities | -14.6M | -2.6M | 5.2M | 2.8M |
| Depreciation And Amortization | 1.6M | 1.4M | 1.5M | 1.5M |
| Depreciation Amortization Depletion | 1.6M | 1.4M | 1.5M | 1.5M |
| Stock Based Compensation | 464,000 | 192,000 | 69,000 | 14,044 |
| Deferred Tax | 79,000 | -885,000 | 1.1M | -221,839 |
| Deferred Income Tax | 79,000 | -885,000 | 1.1M | -221,839 |
| Change In Working Capital | -2.5M | 58,000 | -936,000 | -1.2M |
| Changes In Account Receivables | -- | 2.0M | -535,999 | -57,347 |
| Change In Receivables | -- | 1.8M | -615,003 | -137,781 |
| Change In Inventory | -- | -1.2M | -1.1M | -873,716 |
| Change In Payables And Accrued Expense | -- | -430,748 | 807,599 | -234,322 |
| Other Non Cash Items | -850,000 | 95,000 | 100,000 | 119,128 |
| Capital Expenditure | -1.2M | -722,000 | -304,000 | -555,994 |
| Purchase Of PPE | -1.2M | -722,000 | -304,000 | -555,994 |
| Net PPE Purchase And Sale | -1.2M | -722,000 | -304,000 | -552,072 |
| Sale Of Business | 26.0M | 0.00 | 0.00 | -- |
| Investing Cash Flow | 25.1M | -730,000 | -304,000 | -620,149 |
| Cash Flow From Continuing Investing Activities | 25.1M | -730,000 | -304,000 | -620,149 |
| Repayment Of Debt | -421,000 | -370,000 | -330,000 | -262,382 |
| Net Issuance Payments Of Debt | -421,000 | -370,000 | -330,000 | -262,382 |
| Financing Cash Flow | -588,000 | -357,000 | -267,000 | -241,421 |
| Cash Flow From Continuing Financing Activities | -588,000 | -357,000 | -267,000 | -241,421 |
| Effect Of Exchange Rate Changes | -212,000 | 157,000 | -625,000 | -- |
| Changes In Cash | 9.9M | -3.7M | 4.7M | 1.9M |
| Beginning Cash Position | 6.7M | 10.2M | 6.2M | 4.2M |
| End Cash Position | 16.4M | 6.7M | 10.2M | 6.1M |
| Free Cash Flow | -15.7M | -3.3M | 4.9M | 2.2M |
| Amortization Cash Flow | 162,000 | 2,234 | -- | -- |
| Amortization Of Intangibles | 162,000 | 2,234 | -- | -- |
| Asset Impairment Charge | 4.3M | 0.00 | 0.00 | -- |
| Change In Prepaid Assets | -- | -130,011 | 22,378 | 87,092 |
| Depreciation | 1.4M | 1.5M | -- | -- |
| Gain Loss On Investment Securities | -2.6M | -- | -- | -- |
| Gain Loss On Sale Of PPE | -- | -- | 0.00 | -3,922 |
| Interest Paid Cfo | -- | -96,585 | -95,761 | -110,014 |
| Long Term Debt Payments | -421,000 | -370,000 | -330,000 | -262,382 |
| Net Business Purchase And Sale | 26.0M | 0.00 | 0.00 | -- |
| Net Income From Continuing Operations | -15.3M | -3.5M | 3.4M | 2.6M |
| Net Long Term Debt Issuance | -421,000 | -370,000 | -330,000 | -262,382 |
| Net Other Financing Charges | -- | -7,538 | -- | -- |
| Net Other Investing Changes | 207,000 | -8,000 | -35,186 | -68,077 |
| Operating Gains Losses | -2.3M | -- | -- | -3,922 |
| Pension And Employee Benefit Expense | 288,000 | 0.00 | 0.00 | -- |
| Proceeds From Stock Option Exercised | -167,000 | 13,000 | 63,000 | 20,960 |
| Sale Of PPE | -- | -- | 0.00 | 3,922 |