Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 13.8M | 16.1M | 13.0M | 8.6M | 13.3M |
| Operating Revenue | 13.8M | 16.1M | 13.0M | 8.6M | 13.3M |
| Cost Of Revenue | 6.7M | 7.2M | 5.7M | 3.9M | 6.6M |
| Gross Profit | 7.1M | 8.9M | 7.3M | 4.7M | 6.7M |
| Selling General And Administration | 3.0M | 3.1M | 3.9M | 2.7M | 3.4M |
| General And Administrative Expense | 1.5M | 1.9M | 2.2M | 1.4M | 1.6M |
| Research And Development | 1.4M | 1.2M | 1.4M | 1.1M | 1.2M |
| Operating Expense | 4.4M | 4.2M | 5.4M | 3.8M | 4.6M |
| Operating Income | 2.7M | 4.7M | 2.0M | 909,000 | 2.1M |
| EBIT | 2.7M | 4.7M | 2.0M | 742,000 | 1.7M |
| Interest Expense | 82,000 | 123,000 | 90,000 | 219,000 | 128,000 |
| Interest Expense Non Operating | 82,000 | 123,000 | 90,000 | 219,000 | 128,000 |
| Interest Income | 86,000 | 87,000 | 65,000 | 39,000 | 24,000 |
| Interest Income Non Operating | 86,000 | 87,000 | 65,000 | 39,000 | 24,000 |
| Net Interest Income | 4,000 | -36,000 | -25,000 | -180,000 | -104,000 |
| Other Income Expense | -25,000 | -88,000 | 13,000 | -206,000 | -470,000 |
| Special Income Charges | -- | -- | -- | 0.00 | 0.00 |
| Gain On Sale Of Security | -25,000 | -88,000 | 13,000 | -206,000 | -470,000 |
| Pretax Income | 2.7M | 4.5M | 2.0M | 523,000 | 1.5M |
| Tax Provision | -6.4M | 20,000 | 0.00 | 5,000 | 11,000 |
| Tax Effect Of Unusual Items | -3,750 | -387.15 | 0.00 | -1,969 | -3,353 |
| Net Income From Continuing And Discontinued Operation | 9.1M | 4.5M | 2.0M | 518,000 | 1.5M |
| Net Income From Continuing Operation Net Minority Interest | 9.1M | 4.5M | 2.0M | 518,000 | 1.5M |
| Net Income Including Noncontrolling Interests | 9.1M | 4.5M | 2.0M | 518,000 | 1.5M |
| Net Income Common Stockholders | 9.1M | 4.5M | 2.0M | 518,000 | 1.5M |
| Net Income | 9.1M | 4.5M | 2.0M | 518,000 | 1.5M |
| EBITDA | 3.2M | 5.1M | 2.5M | 1.3M | 2.1M |
| Normalized EBITDA | 3.2M | 5.2M | 2.5M | 1.5M | 2.6M |
| Reconciled Depreciation | 428,000 | 432,000 | 462,000 | 554,000 | 424,000 |
| Basic EPS | 0.04 | 0.02 | 0.01 | -- | 0.01 |
| Diluted EPS | 0.04 | 0.02 | 0.01 | -- | 0.01 |
| Basic Average Shares | 221.0M | 226.3M | 222.3M | -- | 218.7M |
| Diluted Average Shares | 226.5M | 226.3M | 222.3M | -- | 218.7M |
| Total Unusual Items | -25,000 | -88,000 | 13,000 | -206,000 | -470,000 |
| Total Unusual Items Excluding Goodwill | -25,000 | -88,000 | 13,000 | -206,000 | -470,000 |
| Tax Rate For Calcs | 0.15 | 0.00 | 0.00 | 0.01 | 0.01 |
| Normalized Income | 9.1M | 4.6M | 1.9M | 722,031 | 2.0M |
| Diluted NI Availto Com Stockholders | 9.1M | 4.5M | 2.0M | 518,000 | 1.5M |
| Gain On Sale Of Ppe | -- | -- | -- | 0.00 | 0.00 |
| Net Income Continuous Operations | 9.1M | 4.5M | 2.0M | 518,000 | 1.5M |
| Net Non Operating Interest Income Expense | 4,000 | -36,000 | -25,000 | -180,000 | -104,000 |
| Other Gand A | 1.5M | 1.9M | 2.2M | 1.4M | 1.6M |
| Reconciled Cost Of Revenue | 6.7M | 7.2M | 5.7M | 3.9M | 6.6M |
| Selling And Marketing Expense | 1.5M | 1.2M | 1.7M | 1.2M | 1.8M |
| Total Expenses | 11.1M | 11.4M | 11.1M | 7.7M | 11.2M |
| Total Other Finance Cost | -- | -- | -- | 0.00 | -- |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 16.2M | 10.6M | 10.4M | 7.8M | 6.3M |
| Cash Cash Equivalents And Short Term Investments | 16.2M | 10.6M | 10.4M | 7.9M | 6.4M |
| Other Short Term Investments | 0.00 | 0.00 | 0.00 | 107,000 | 106,000 |
| Accounts Receivable | 9.0M | 10.3M | 7.4M | 5.7M | 7.3M |
| Receivables | 9.2M | 10.4M | 7.4M | 6.9M | 7.4M |
| Inventory | 8.1M | 7.1M | 6.0M | 5.6M | 5.8M |
| Prepaid Assets | 482,000 | 1.1M | 757,000 | 608,000 | 619,000 |
| Current Assets | 34.0M | 29.2M | 24.6M | 21.1M | 20.2M |
| Gross PPE | -- | -- | -- | 25.7M | -- |
| Accumulated Depreciation | -- | -- | -- | -20.1M | -- |
| Net PPE | 5.2M | 5.3M | 5.5M | 5.6M | 5.6M |
| Goodwill And Other Intangible Assets | 1.0M | 1.1M | 1.2M | 1.3M | 1.4M |
| Other Intangible Assets | -- | -- | -- | 1.3M | -- |
| Total Non Current Assets | 13.4M | 6.8M | 7.1M | 7.3M | 7.3M |
| Total Assets | 47.4M | 35.9M | 31.7M | 28.4M | 27.5M |
| Current Debt | 181,000 | 179,000 | 529,000 | 385,000 | 301,000 |
| Current Debt And Capital Lease Obligation | 459,000 | 450,000 | 793,000 | 634,000 | 510,000 |
| Accounts Payable | -- | -- | -- | 2.0M | -- |
| Payables | -- | -- | -- | 2.0M | -- |
| Payables And Accrued Expenses | 6.7M | 7.7M | 5.0M | 5.4M | 5.3M |
| Current Accrued Expenses | -- | -- | -- | 3.3M | -- |
| Current Deferred Revenue | 4.1M | 692,000 | 2.9M | 980,000 | 478,000 |
| Other Current Liabilities | 70,000 | 118,000 | -- | 484,000 | 619,000 |
| Current Liabilities | 11.6M | 9.1M | 9.0M | 7.7M | 7.2M |
| Long Term Debt | 186,000 | 232,000 | 860,000 | 920,000 | 991,000 |
| Long Term Debt And Capital Lease Obligation | 3.6M | 3.7M | 4.4M | 4.5M | 4.6M |
| Long Term Capital Lease Obligation | 3.4M | 3.5M | 3.6M | 3.6M | 3.6M |
| Total Non Current Liabilities Net Minority Interest | 3.6M | 3.7M | 4.4M | 4.5M | 4.6M |
| Total Liabilities Net Minority Interest | 15.2M | 12.9M | 13.4M | 12.2M | 11.8M |
| Common Stock | 66.6M | 66.6M | 66.5M | 66.5M | 66.5M |
| Capital Stock | 66.6M | 66.6M | 66.5M | 66.5M | 66.5M |
| Retained Earnings | -34.7M | -43.7M | -48.3M | -50.6M | -51.0M |
| Gains Losses Not Affecting Retained Earnings | -190,000 | -71,000 | -114,000 | -138,000 | -193,000 |
| Common Stock Equity | 32.2M | 23.1M | 18.3M | 16.3M | 15.7M |
| Stockholders Equity | 32.2M | 23.1M | 18.3M | 16.3M | 15.7M |
| Total Equity Gross Minority Interest | 32.2M | 23.1M | 18.3M | 16.3M | 15.7M |
| Total Capitalization | 32.4M | 23.3M | 19.2M | 17.2M | 16.7M |
| Net Tangible Assets | 31.2M | 21.9M | 17.1M | 14.9M | 14.3M |
| Tangible Book Value | 31.2M | 21.9M | 17.1M | 14.9M | 14.3M |
| Working Capital | 22.4M | 20.0M | 15.7M | 13.4M | 13.0M |
| Invested Capital | 32.6M | 23.5M | 19.7M | 17.6M | 17.0M |
| Total Debt | 4.1M | 4.2M | 5.2M | 5.1M | 5.1M |
| Net Debt | -- | -- | -- | -- | -- |
| Share Issued | 222.7M | 222.5M | 222.3M | 221.9M | 221.9M |
| Ordinary Shares Number | 222.7M | 222.5M | 222.3M | 221.9M | 221.9M |
| Allowance For Doubtful Accounts Receivable | -- | -- | -- | -254,000 | -- |
| Capital Lease Obligations | 3.7M | 3.8M | 3.8M | 3.8M | 3.9M |
| Current Capital Lease Obligation | 278,000 | 271,000 | 264,000 | 249,000 | 209,000 |
| Current Deferred Liabilities | 4.1M | 692,000 | 2.9M | 980,000 | 478,000 |
| Current Provisions | 254,000 | 203,000 | 284,000 | 182,000 | 317,000 |
| Finished Goods | 2.5M | 2.5M | 1.9M | 1.7M | 1.1M |
| Foreign Currency Translation Adjustments | -190,000 | -71,000 | -114,000 | -138,000 | -193,000 |
| Gross Accounts Receivable | -- | -- | -- | 6.0M | -- |
| Line Of Credit | -- | -- | 240,000 | 84,000 | -- |
| Machinery Furniture Equipment | -- | -- | -- | 2.6M | -- |
| Non Current Accounts Receivable | 761,000 | 333,000 | 312,000 | 375,000 | 261,000 |
| Non Current Deferred Assets | 6.4M | -- | -- | -- | -- |
| Non Current Deferred Taxes Assets | 6.4M | -- | -- | -- | -- |
| Other Current Borrowings | 181,000 | 179,000 | 289,000 | 301,000 | 301,000 |
| Other Equity Interest | 472,000 | 301,000 | 204,000 | 498,000 | 463,000 |
| Other Properties | -- | -- | -- | 23.1M | -- |
| Other Receivables | 233,000 | 73,000 | 68,000 | 61,000 | 110,000 |
| Raw Materials | 5.6M | 4.5M | 4.1M | 3.9M | 4.7M |
| Taxes Receivable | -- | -- | -- | 1.2M | -- |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | 6.0M | 1.3M | 2.8M | 2.0M | 2.3M |
| Cash Flow From Continuing Operating Activities | 6.0M | 1.3M | 2.8M | 2.0M | 2.3M |
| Depreciation And Amortization | 428,000 | 432,000 | 462,000 | 554,000 | 424,000 |
| Depreciation Amortization Depletion | 428,000 | 432,000 | 462,000 | 554,000 | 424,000 |
| Stock Based Compensation | 121,000 | 135,000 | 52,000 | 143,000 | 19,000 |
| Change In Working Capital | 2.7M | -3.7M | 649,000 | 898,000 | -275,000 |
| Changes In Account Receivables | 669,000 | -2.8M | -474,000 | -- | -322,000 |
| Change In Receivables | 669,000 | -2.8M | -474,000 | -- | -322,000 |
| Change In Inventory | -1.1M | -1.0M | -396,000 | 176,000 | 1.6M |
| Change In Payables And Accrued Expense | -1.0M | 2.7M | -440,000 | -49,000 | -25,000 |
| Change In Other Working Capital | 3.5M | -2.3M | 2.0M | 367,000 | -1.5M |
| Other Non Cash Items | 65,000 | 42,000 | 48,000 | 145,000 | 62,000 |
| Capital Expenditure | -266,000 | -104,000 | -289,000 | -625,000 | -273,000 |
| Purchase Of PPE | -237,000 | -86,000 | -259,000 | -560,000 | -142,000 |
| Net PPE Purchase And Sale | -237,000 | -86,000 | -259,000 | -560,000 | -142,000 |
| Investing Cash Flow | -266,000 | -104,000 | -226,000 | -536,000 | -273,000 |
| Cash Flow From Continuing Investing Activities | -266,000 | -104,000 | -226,000 | -536,000 | -273,000 |
| Issuance Of Debt | -- | -240,000 | 240,000 | -- | -- |
| Repayment Of Debt | -167,000 | -914,000 | -153,000 | -163,000 | -1.0M |
| Net Issuance Payments Of Debt | -167,000 | -1.2M | 87,000 | -163,000 | -1.0M |
| Financing Cash Flow | -142,000 | -1.1M | 122,000 | -157,000 | -893,000 |
| Cash Flow From Continuing Financing Activities | -142,000 | -1.1M | 122,000 | -157,000 | -893,000 |
| Effect Of Exchange Rate Changes | 0.00 | 50,000 | -24,000 | 135,000 | 43,000 |
| Changes In Cash | 5.6M | 106,000 | 2.7M | 1.3M | 1.1M |
| Beginning Cash Position | 10.6M | 10.4M | 7.8M | 6.3M | 5.2M |
| End Cash Position | 16.2M | 10.6M | 10.4M | 7.8M | 6.3M |
| Free Cash Flow | 5.7M | 1.2M | 2.5M | 1.4M | 2.0M |
| Income Tax Paid Supplemental Data | 0.00 | 20,000 | 0.00 | 5,000 | 11,000 |
| Interest Paid Supplemental Data | 8,000 | 19,000 | 12,000 | 13,000 | 40,000 |
| Amortization Cash Flow | 130,000 | 138,000 | 144,000 | 151,000 | 134,000 |
| Amortization Of Intangibles | 130,000 | 138,000 | 144,000 | 151,000 | 134,000 |
| Change In Prepaid Assets | 628,000 | -353,000 | -42,000 | 10,000 | 5,000 |
| Depreciation | 298,000 | 294,000 | 318,000 | 403,000 | 290,000 |
| Gain Loss On Investment Securities | -48,000 | 118,000 | -484,000 | -135,000 | 610,000 |
| Long Term Debt Payments | -167,000 | -914,000 | -153,000 | -163,000 | -1.0M |
| Net Foreign Currency Exchange Gain Loss | 42,000 | -189,000 | 87,000 | -105,000 | -74,000 |
| Net Income From Continuing Operations | 2.7M | 4.5M | 2.0M | 518,000 | 1.5M |
| Net Intangibles Purchase And Sale | -29,000 | -18,000 | -30,000 | -65,000 | -131,000 |
| Net Long Term Debt Issuance | -167,000 | -914,000 | -153,000 | -163,000 | -1.0M |
| Net Other Investing Changes | 0.00 | 0.00 | 63,000 | 89,000 | 0.00 |
| Net Short Term Debt Issuance | -- | -240,000 | 240,000 | 0.00 | 0.00 |
| Operating Gains Losses | -6,000 | -71,000 | -397,000 | -240,000 | 536,000 |
| Proceeds From Stock Option Exercised | 25,000 | 20,000 | 35,000 | 6,000 | 142,000 |
| Purchase Of Intangibles | -29,000 | -18,000 | -30,000 | -65,000 | -131,000 |
| Short Term Debt Issuance | -- | -240,000 | 240,000 | -- | -- |
| Short Term Debt Payments | -- | -- | -- | 0.00 | -- |