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 | 604,580 | 1.5M | 957,745 | 159,705 |
| Operating Revenue | 604,580 | 1.5M | 957,745 | 159,705 |
| Cost Of Revenue | 5.9M | 8.6M | 8.3M | 6.2M |
| Gross Profit | -5.3M | -7.2M | -7.3M | -6.0M |
| Selling General And Administration | 3.3M | 4.0M | 4.7M | 5.0M |
| General And Administrative Expense | 3.1M | 3.6M | 4.3M | 4.5M |
| Depreciation And Amortization In Income Statement | 4.2M | 3.0M | 3.3M | 3.1M |
| Other Operating Expenses | 1.7M | 1.3M | 1.1M | 807,576 |
| Operating Expense | 9.2M | 8.3M | 9.1M | 8.9M |
| Operating Income | -14.4M | -15.5M | -16.4M | -14.9M |
| EBIT | -14.4M | -15.2M | -16.6M | -14.7M |
| Interest Expense | 3.8M | 1.7M | 254,695 | 163,054 |
| Interest Expense Non Operating | 3.8M | 1.7M | 254,695 | 163,054 |
| Interest Income | 14,297 | 15,144 | 15,631 | 16,277 |
| Interest Income Non Operating | 14,297 | 15,144 | 15,631 | 16,277 |
| Net Interest Income | -3.8M | -1.7M | -239,064 | -146,777 |
| Other Income Expense | 3,789 | 227,676 | -153,984 | 196,640 |
| Special Income Charges | 248,998 | 320,451 | 0.00 | 191,031 |
| Write Off | 83,500 | 0.00 | -- | 0.00 |
| Gain On Sale Of Security | -245,209 | -92,775 | -153,984 | 5,609 |
| Pretax Income | -18.2M | -17.0M | -16.8M | -14.8M |
| Tax Provision | 0.00 | -446,200 | 0.00 | -- |
| Tax Effect Of Unusual Items | 0.00 | 5,991 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -18.2M | -16.5M | -16.8M | -14.8M |
| Net Income From Continuing Operation Net Minority Interest | -18.2M | -16.5M | -16.8M | -14.8M |
| Net Income Including Noncontrolling Interests | -18.2M | -16.5M | -16.8M | -14.8M |
| Net Income Common Stockholders | -18.2M | -16.5M | -16.8M | -14.8M |
| Net Income | -18.2M | -16.5M | -16.8M | -14.8M |
| EBITDA | -10.3M | -12.2M | -13.2M | -11.6M |
| Normalized EBITDA | -10.3M | -12.4M | -13.1M | -11.8M |
| Reconciled Depreciation | 4.2M | 3.0M | 3.3M | 3.1M |
| Basic EPS | -0.06 | -0.06 | -0.07 | -0.07 |
| Diluted EPS | -0.06 | -0.06 | -0.07 | -0.07 |
| Basic Average Shares | 313.3M | 254.3M | 253.3M | 213.4M |
| Diluted Average Shares | 313.3M | 254.3M | 253.3M | 213.4M |
| Total Unusual Items | 3,789 | 227,676 | -153,984 | 196,640 |
| Total Unusual Items Excluding Goodwill | 3,789 | 227,676 | -153,984 | 196,640 |
| Tax Rate For Calcs | 0.00 | 0.03 | 0.00 | 0.00 |
| Normalized Income | -18.2M | -16.7M | -16.7M | -15.0M |
| Depreciation Amortization Depletion Income Statement | 4.2M | 3.0M | 3.3M | 3.1M |
| Diluted NI Availto Com Stockholders | -18.2M | -16.5M | -16.8M | -14.8M |
| Gain On Sale Of Ppe | -- | -- | -- | 0.00 |
| Net Income Continuous Operations | -18.2M | -16.5M | -16.8M | -14.8M |
| Net Non Operating Interest Income Expense | -3.8M | -1.7M | -239,064 | -146,777 |
| Other Gand A | 2.1M | 2.4M | 2.8M | 2.3M |
| Other Special Charges | -332,498 | -320,451 | -- | -191,031 |
| Reconciled Cost Of Revenue | 5.9M | 8.6M | 8.3M | 6.2M |
| Rent And Landing Fees | 114,200 | 201,015 | 115,307 | 176,759 |
| Rent Expense Supplemental | 114,200 | 201,015 | 115,307 | 176,759 |
| Salaries And Wages | 823,599 | 973,850 | 1.4M | 2.1M |
| Selling And Marketing Expense | 209,071 | 410,034 | 388,315 | 427,125 |
| Total Expenses | 15.0M | 16.9M | 17.4M | 15.1M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 378,555 | 208,448 | 206,781 | 5.9M |
| Cash Cash Equivalents And Short Term Investments | 378,555 | 208,448 | 206,781 | 5.9M |
| Cash Financial | 378,555 | 208,448 | 206,781 | 5.9M |
| Accounts Receivable | 65,002 | 327,013 | 260,115 | 162,480 |
| Receivables | 170,004 | 438,079 | 424,476 | 243,845 |
| Prepaid Assets | 93,646 | 150,442 | 250,800 | 333,711 |
| Current Assets | 642,205 | 796,969 | 882,057 | 6.5M |
| Gross PPE | 2.8M | 2.6M | 2.3M | 2.4M |
| Accumulated Depreciation | -2.7M | -1.9M | -1.4M | -765,906 |
| Net PPE | 130,813 | 684,022 | 848,984 | 1.6M |
| Goodwill And Other Intangible Assets | 0.00 | 3.6M | 6.0M | 8.5M |
| Other Intangible Assets | -- | 3.6M | 6.0M | 8.5M |
| Other Non Current Assets | 442,618 | 441,228 | 440,454 | 440,145 |
| Total Non Current Assets | 573,431 | 4.7M | 7.3M | 10.6M |
| Total Assets | 1.2M | 5.5M | 8.2M | 17.1M |
| Current Debt | 26.7M | 6.2M | 5.8M | 699,231 |
| Current Debt And Capital Lease Obligation | 26.7M | 6.4M | 6.0M | 1.1M |
| Accounts Payable | 4.5M | 3.5M | 3.0M | 1.4M |
| Payables | 4.7M | 3.7M | 3.2M | 1.6M |
| Payables And Accrued Expenses | 7.0M | 4.9M | 3.7M | 2.0M |
| Current Accrued Expenses | 2.3M | 1.2M | 528,442 | 394,854 |
| Current Liabilities | 33.7M | 11.3M | 9.7M | 3.0M |
| Long Term Debt | -- | 9.6M | 920,000 | 60,000 |
| Long Term Debt And Capital Lease Obligation | -- | 9.6M | 920,000 | 250,346 |
| Long Term Capital Lease Obligation | -- | -- | 0.00 | 190,346 |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 9.6M | 920,000 | 250,346 |
| Total Liabilities Net Minority Interest | 33.7M | 20.9M | 10.6M | 3.3M |
| Common Stock | 57.8M | 56.7M | 54.5M | 54.5M |
| Capital Stock | 57.8M | 56.7M | 54.5M | 54.5M |
| Retained Earnings | -96.4M | -78.2M | -61.7M | -44.9M |
| Gains Losses Not Affecting Retained Earnings | 6.2M | 6.2M | 4.7M | 4.1M |
| Common Stock Equity | -32.4M | -15.4M | -2.4M | 13.8M |
| Stockholders Equity | -32.4M | -15.4M | -2.4M | 13.8M |
| Total Equity Gross Minority Interest | -32.4M | -15.4M | -2.4M | 13.8M |
| Total Capitalization | -32.4M | -5.8M | -1.5M | 13.8M |
| Net Tangible Assets | -32.4M | -19.0M | -8.5M | 5.3M |
| Tangible Book Value | -32.4M | -19.0M | -8.5M | 5.3M |
| Working Capital | -33.0M | -10.5M | -8.8M | 3.5M |
| Invested Capital | -5.8M | 418,196 | 4.3M | 14.5M |
| Total Debt | 26.7M | 16.0M | 6.9M | 1.3M |
| Net Debt | 26.3M | 15.6M | 6.5M | -- |
| Share Issued | 332.3M | 288.6M | 253.3M | 253.3M |
| Ordinary Shares Number | 332.3M | 288.6M | 253.3M | 253.3M |
| Buildings And Improvements | 735,185 | 712,060 | 459,875 | 714,078 |
| Capital Lease Obligations | 0.00 | 220,950 | 203,348 | 579,430 |
| Current Capital Lease Obligation | 0.00 | 220,950 | 203,348 | 389,084 |
| Current Notes Payable | 9.1M | 1.2M | 5.2M | -- |
| Interest Payable | 1.7M | 788,050 | 279,367 | 92,876 |
| Leases | 1.0M | 964,379 | 987,566 | 924,421 |
| Machinery Furniture Equipment | 514,095 | 477,569 | 485,217 | 439,953 |
| Non Current Prepaid Assets | -- | -- | -- | 0.00 |
| Other Current Borrowings | 17.6M | 5.0M | 584,202 | 699,231 |
| Other Payable | 35,846 | 35,121 | 34,718 | 42,881 |
| Other Properties | 511,514 | 467,757 | 354,229 | 321,691 |
| Restricted Cash | -- | -- | -- | 440,145 |
| Taxes Receivable | 105,002 | 111,066 | 164,361 | 81,365 |
| Total Tax Payable | 136,225 | 132,852 | 124,445 | 129,798 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -9.1M | -11.4M | -11.2M | -11.2M |
| Cash Flow From Continuing Operating Activities | -9.1M | -11.4M | -11.2M | -11.2M |
| Depreciation And Amortization | 4.2M | 3.0M | 3.3M | 3.1M |
| Depreciation Amortization Depletion | 4.2M | 3.0M | 3.3M | 3.1M |
| Stock Based Compensation | 39,096 | 172,316 | 614,450 | 1.2M |
| Deferred Tax | 0.00 | -446,200 | 0.00 | -- |
| Deferred Income Tax | 0.00 | -446,200 | 0.00 | -- |
| Change In Working Capital | 2.0M | 1.1M | 1.5M | -607,243 |
| Changes In Account Receivables | 262,012 | -66,899 | -97,635 | -154,998 |
| Change In Receivables | 268,076 | -13,604 | -180,631 | -102,238 |
| Change In Payables And Accrued Expense | 1.6M | 974,808 | 1.6M | -416,043 |
| Change In Other Current Assets | -- | -- | -- | 0.00 |
| Other Non Cash Items | 3.3M | 1.7M | 216,044 | 82,253 |
| Capital Expenditure | -3,954 | -126,257 | -29,631 | -480,563 |
| Purchase Of PPE | -3,954 | -126,257 | -29,631 | -480,563 |
| Net PPE Purchase And Sale | -3,954 | -126,257 | -29,631 | -480,563 |
| Investing Cash Flow | -3,954 | -126,257 | -29,631 | -480,563 |
| Cash Flow From Continuing Investing Activities | -3,954 | -126,257 | -29,631 | -480,563 |
| Issuance Of Debt | 9.5M | 20.7M | 5.0M | 20,000 |
| Repayment Of Debt | -239,455 | -8.4M | -424,078 | -1.5M |
| Net Issuance Payments Of Debt | 9.2M | 12.3M | 4.6M | -1.5M |
| Issuance Of Capital Stock | -- | -- | 0.00 | 10.5M |
| Net Common Stock Issuance | -- | -- | 0.00 | 10.5M |
| Financing Cash Flow | 9.2M | 11.5M | 5.5M | 16.9M |
| Cash Flow From Continuing Financing Activities | 9.2M | 11.5M | 5.5M | 16.9M |
| Effect Of Exchange Rate Changes | 24,749 | -17,396 | -24,582 | -20,568 |
| Changes In Cash | 145,358 | 19,063 | -5.7M | 5.2M |
| Beginning Cash Position | 208,448 | 206,781 | 5.9M | 781,456 |
| End Cash Position | 378,555 | 208,448 | 206,781 | 5.9M |
| Free Cash Flow | -9.1M | -11.5M | -11.2M | -11.7M |
| Income Tax Paid Supplemental Data | -- | 0.00 | 0.00 | -- |
| Interest Paid Supplemental Data | -- | 625,509 | 29,554 | -- |
| Amortization Cash Flow | 3.6M | 2.5M | 2.5M | 2.5M |
| Amortization Of Intangibles | 3.6M | 2.5M | 2.5M | 2.5M |
| Asset Impairment Charge | -- | -- | -- | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | 56,796 | 99,585 | 82,911 | -88,962 |
| Common Stock Issuance | -- | -- | 0.00 | 10.5M |
| Depreciation | 586,383 | 543,197 | 884,077 | 661,577 |
| Interest Paid Cff | 0.00 | -390,786 | 0.00 | -22,345 |
| Long Term Debt Issuance | 0.00 | 14.7M | 0.00 | 20,000 |
| Long Term Debt Payments | -239,455 | -256,389 | -424,078 | -1.5M |
| Net Foreign Currency Exchange Gain Loss | -- | 0.00 | -6,187 | 11,006 |
| Net Income From Continuing Operations | -18.2M | -16.5M | -16.8M | -14.8M |
| Net Intangibles Purchase And Sale | -- | -- | -- | 0.00 |
| Net Long Term Debt Issuance | -239,455 | 14.4M | -424,078 | -1.5M |
| Net Other Financing Charges | -4,202 | -417,348 | 920,000 | -222,151 |
| Net Short Term Debt Issuance | 9.5M | -2.1M | 5.0M | -- |
| Operating Gains Losses | -332,498 | -320,451 | -6,187 | -180,025 |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 8.1M |
| Purchase Of Intangibles | -- | -- | -- | 0.00 |
| Short Term Debt Issuance | 9.5M | 6.0M | 5.0M | -- |
| Short Term Debt Payments | 0.00 | -8.1M | 0.00 | -- |