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 | 1.3M | 1.4M | 1.4M | 1.3M | 887,658 |
| Operating Revenue | 1.3M | 1.4M | 1.4M | 1.3M | 886,731 |
| Cost Of Revenue | 903,044 | 753,288 | 1.0M | 950,141 | 483,136 |
| Gross Profit | 404,692 | 620,015 | 399,490 | 314,021 | 404,522 |
| Selling General And Administration | 1.6M | 2.2M | 1.5M | 1.5M | 2.2M |
| General And Administrative Expense | 1.3M | 1.5M | 1.1M | 1.1M | 1.6M |
| Research And Development | 649,629 | 993,170 | 402,334 | 299,916 | 672,575 |
| Depreciation And Amortization In Income Statement | 177,269 | 164,222 | 309,085 | 285,929 | 314,491 |
| Operating Expense | 2.5M | 3.3M | 2.2M | 2.0M | 3.2M |
| Operating Income | -2.1M | -2.7M | -1.8M | -1.7M | -2.8M |
| EBIT | -2.0M | -2.3M | -2.2M | -1.4M | -3.4M |
| Interest Expense | 81,857 | 74,985 | 71,809 | 48,361 | 63,863 |
| Interest Expense Non Operating | 81,857 | 74,985 | 71,809 | 48,361 | 63,863 |
| Interest Income | 44,563 | 31,042 | 29,344 | 19,148 | 2,304 |
| Interest Income Non Operating | 44,563 | 31,042 | 29,344 | 19,148 | 2,304 |
| Net Interest Income | -37,294 | -37,390 | -42,565 | -31,361 | -61,559 |
| Other Income Expense | 18,216 | 324,249 | -442,955 | 306,395 | -567,866 |
| Other Non Operating Income Expenses | -- | 0.00 | -- | -- | -1.8M |
| Special Income Charges | 0.00 | 0.00 | -6,809 | 6,809 | -89,096 |
| Gain On Sale Of Security | 18,216 | 324,249 | -436,146 | 299,586 | 1.3M |
| Pretax Income | -2.1M | -2.4M | -2.3M | -1.5M | -3.5M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -2.1M | -2.4M | -2.3M | -1.5M | -3.5M |
| Net Income From Continuing Operation Net Minority Interest | -2.1M | -2.4M | -2.3M | -1.5M | -3.5M |
| Net Income Including Noncontrolling Interests | -2.1M | -2.4M | -2.3M | -1.5M | -3.5M |
| Net Income Common Stockholders | -2.1M | -2.4M | -2.3M | -1.5M | -3.5M |
| Net Income | -2.1M | -2.4M | -2.3M | -1.5M | -3.5M |
| EBITDA | -1.8M | -2.2M | -1.9M | -1.1M | -3.1M |
| Normalized EBITDA | -1.8M | -2.5M | -1.5M | -1.4M | -4.3M |
| Reconciled Depreciation | 177,269 | 172,085 | 309,085 | 285,929 | 314,491 |
| Basic EPS | -1.39 | -- | -3.69 | -6.16 | -1.14 |
| Diluted EPS | -1.39 | -- | -3.69 | -6.16 | -1.14 |
| Basic Average Shares | 1.5M | -- | 625,323 | 237,038 | 3.0M |
| Diluted Average Shares | 1.5M | -- | 625,323 | 237,038 | 3.0M |
| Total Unusual Items | 18,216 | 324,249 | -442,955 | 306,395 | 1.2M |
| Total Unusual Items Excluding Goodwill | 18,216 | 324,249 | -442,955 | 306,395 | 1.2M |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -2.1M | -2.7M | -1.9M | -1.8M | -4.7M |
| Depreciation Amortization Depletion Income Statement | 177,269 | 164,222 | 309,085 | 285,929 | 314,491 |
| Diluted NI Availto Com Stockholders | -2.1M | -2.4M | -2.3M | -1.5M | -3.5M |
| Gain On Sale Of Ppe | -- | 0.00 | 0.00 | -- | -- |
| Impairment Of Capital Assets | 0.00 | 0.00 | 6,809 | -6,809 | 88,596 |
| Net Income Continuous Operations | -2.1M | -2.4M | -2.3M | -1.5M | -3.5M |
| Net Non Operating Interest Income Expense | -37,294 | -37,390 | -42,565 | -31,361 | -61,559 |
| Other Gand A | 1.3M | 1.5M | 1.1M | 1.1M | 1.5M |
| Other Special Charges | -- | 0.00 | -- | -- | 500.00 |
| Reconciled Cost Of Revenue | 903,044 | 745,425 | 1.0M | 950,141 | 483,136 |
| Salaries And Wages | 0.00 | 14,518 | 21,777 | 26,342 | 51,055 |
| Selling And Marketing Expense | 303,370 | 645,074 | 375,353 | 334,114 | 682,547 |
| Total Expenses | 3.4M | 4.1M | 3.2M | 3.0M | 3.7M |
| Total Operating Income As Reported | -2.1M | -2.7M | -1.8M | -1.7M | -2.8M |
| Total Other Finance Cost | -- | -- | 100.00 | 2,148 | -- |
| 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 | 5.0M | 6.7M | 2.5M | 4.4M | 2.9M |
| Cash Cash Equivalents And Short Term Investments | 5.0M | 6.7M | 2.5M | 4.4M | 2.9M |
| Accounts Receivable | 1.1M | 1.4M | 1.1M | 997,553 | 876,501 |
| Receivables | 1.1M | 1.5M | 1.1M | 1.1M | 1.0M |
| Inventory | 587,173 | 519,609 | 508,747 | 581,197 | 529,778 |
| Prepaid Assets | -- | -- | 305,448 | 333,125 | -- |
| Other Current Assets | 657,119 | 163,562 | -- | -- | 140,101 |
| Current Assets | 7.5M | 8.9M | 4.6M | 6.5M | 4.6M |
| Gross PPE | 1.4M | 2.2M | 1.5M | 311,661 | 401,931 |
| Accumulated Depreciation | -- | -763,035 | -- | -- | -- |
| Net PPE | 1.4M | 1.4M | 1.5M | 311,661 | 401,931 |
| Goodwill And Other Intangible Assets | 2.3M | 2.4M | 2.5M | 2.7M | 3.0M |
| Other Intangible Assets | 2.3M | 2.4M | 2.5M | 2.7M | 3.0M |
| Total Non Current Assets | 3.8M | 4.0M | 4.1M | 3.1M | 3.5M |
| Total Assets | 11.4M | 12.9M | 8.7M | 9.6M | 8.1M |
| Current Debt And Capital Lease Obligation | 109,552 | 188,907 | 254,313 | 140,972 | 164,376 |
| Accounts Payable | 1.3M | 409,696 | 304,650 | 383,123 | 470,864 |
| Payables | 1.3M | 1.6M | 451,468 | 642,782 | 565,341 |
| Payables And Accrued Expenses | 1.5M | 2.5M | 1.3M | 1.1M | 1.1M |
| Current Accrued Expenses | 200,000 | 944,320 | 845,766 | 465,498 | 568,010 |
| Current Deferred Revenue | 29,425 | 7,671 | 78,517 | 122,612 | 92,986 |
| Other Current Liabilities | 116,239 | 210,965 | 346,918 | 177,327 | 399,420 |
| Current Liabilities | 1.8M | 2.9M | 2.0M | 1.6M | 1.8M |
| Long Term Debt And Capital Lease Obligation | 1.2M | 1.1M | 1.1M | 38,492 | 103,872 |
| Long Term Capital Lease Obligation | 1.2M | 1.1M | 1.1M | 38,492 | 103,872 |
| Total Non Current Liabilities Net Minority Interest | 2.3M | 2.2M | 2.1M | 1.2M | 1.3M |
| Total Liabilities Net Minority Interest | 4.1M | 5.1M | 4.1M | 2.8M | 3.1M |
| Common Stock | 47.9M | 47.0M | 44.2M | 43.2M | 42.2M |
| Capital Stock | 47.9M | 47.0M | 44.2M | 43.2M | 42.2M |
| Additional Paid In Capital | 5.4M | 5.4M | 5.4M | 5.4M | 5.3M |
| Retained Earnings | -54.4M | -52.3M | -49.9M | -47.6M | -46.1M |
| Gains Losses Not Affecting Retained Earnings | -62,232 | -85,077 | -55,542 | -133,415 | -134,796 |
| Other Equity Adjustments | -62,232 | -85,077 | -55,542 | -133,415 | -134,796 |
| Common Stock Equity | 7.3M | 7.8M | 4.6M | 6.8M | 5.0M |
| Stockholders Equity | 7.3M | 7.8M | 4.6M | 6.8M | 5.0M |
| Total Equity Gross Minority Interest | 7.3M | 7.8M | 4.6M | 6.8M | 5.0M |
| Total Capitalization | 7.3M | 7.8M | 4.6M | 6.8M | 5.0M |
| Net Tangible Assets | 5.0M | 5.4M | 2.1M | 4.1M | 2.0M |
| Tangible Book Value | 5.0M | 5.4M | 2.1M | 4.1M | 2.0M |
| Working Capital | 5.8M | 6.0M | 2.6M | 4.9M | 2.8M |
| Invested Capital | 7.3M | 7.8M | 4.6M | 6.8M | 5.0M |
| Total Debt | 1.3M | 1.3M | 1.3M | 179,464 | 268,248 |
| Share Issued | 2.0M | 1.4M | 667,707 | 530,362 | 375,582 |
| Ordinary Shares Number | 2.0M | 1.4M | 667,707 | 530,362 | 375,582 |
| Buildings And Improvements | -- | 1.2M | -- | -- | -- |
| Capital Lease Obligations | 1.3M | 1.3M | 1.3M | 179,464 | 268,248 |
| Current Capital Lease Obligation | 109,552 | 188,907 | 254,313 | 140,972 | 164,376 |
| Current Deferred Assets | 63,599 | 34,773 | 79,442 | 16,354 | 14,843 |
| Current Deferred Liabilities | 29,425 | 7,671 | 78,517 | 122,612 | 92,986 |
| Current Provisions | -- | -- | 13,900 | 13,900 | -- |
| Finished Goods | 57,030 | 34,463 | 29,958 | 50,538 | 50,839 |
| Leases | -- | 131,792 | -- | -- | -- |
| Machinery Furniture Equipment | -- | 443,979 | -- | -- | -- |
| Non Current Accrued Expenses | 1.1M | 1.1M | 1.0M | 1.2M | 1.2M |
| Non Current Deferred Assets | 105,466 | 94,976 | 81,364 | 69,030 | 66,278 |
| Non Current Prepaid Assets | 47,321 | 46,132 | 31,040 | 30,276 | 29,532 |
| Other Equity Interest | 8.4M | 7.8M | 4.9M | 5.9M | 3.7M |
| Other Inventories | -- | -- | -- | 1.00 | -- |
| Other Payable | -- | 1.1M | 146,818 | 259,659 | 94,477 |
| Other Properties | 1.4M | 466,396 | 1.5M | 311,661 | 401,931 |
| Other Receivables | -- | -- | 388.00 | 150.00 | 7,412 |
| Properties | -- | 0.00 | -- | -- | -- |
| Raw Materials | 473,503 | 455,732 | 442,712 | 481,242 | 420,701 |
| Restricted Cash | 47,500 | 47,500 | 30,000 | 30,000 | 30,000 |
| Taxes Receivable | -- | 141,936 | 32,094 | 84,161 | 156,021 |
| Total Tax Payable | -- | 47,427 | -- | -- | -- |
| Work In Process | 56,640 | 29,414 | 36,077 | 49,416 | 58,238 |
| 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 | -3.1M | -1.4M | -1.7M | -1.6M | -3.2M |
| Cash Flow From Continuing Operating Activities | -3.1M | -1.4M | -1.7M | -1.6M | -3.2M |
| Depreciation And Amortization | 177,269 | 172,085 | 309,085 | 285,929 | 314,491 |
| Depreciation Amortization Depletion | 177,269 | 172,085 | 309,085 | 285,929 | 314,491 |
| Stock Based Compensation | 0.00 | 14,518 | 21,777 | 26,342 | 51,055 |
| Change In Working Capital | -1.2M | 848,476 | 21,313 | -270,800 | -957,235 |
| Change In Receivables | 356,915 | -363,327 | -48,598 | -41,930 | -472,059 |
| Change In Inventory | -67,564 | -10,862 | 72,450 | -51,419 | 3,385 |
| Change In Payables And Accrued Expense | -39,316 | 1.2M | 66,827 | -9,790 | -454,401 |
| Change In Other Working Capital | -956,016 | -39,789 | -119,517 | 25,363 | -73,110 |
| Change In Other Current Assets | -- | -- | -- | -- | -- |
| Other Non Cash Items | 37,294 | 37,890 | 42,565 | 31,361 | 1.9M |
| Capital Expenditure | -17,983 | -20,445 | -88,140 | -6,815 | -51,895 |
| Purchase Of PPE | -17,983 | -20,445 | -88,140 | -6,815 | -25,220 |
| Net PPE Purchase And Sale | -17,983 | -20,445 | -88,140 | -6,815 | -25,220 |
| Investing Cash Flow | -17,983 | -33,558 | -88,140 | -6,815 | -51,895 |
| Cash Flow From Continuing Investing Activities | -17,983 | -33,558 | -88,140 | -6,815 | -51,895 |
| Repayment Of Debt | -41,100 | -55,117 | -49,482 | -33,071 | -34,483 |
| Net Issuance Payments Of Debt | -41,100 | -55,117 | -49,482 | -33,071 | -34,483 |
| Issuance Of Capital Stock | 2.1M | 6.8M | 0.00 | 3.7M | 8.3M |
| Net Common Stock Issuance | 2.1M | 6.8M | 0.00 | 3.7M | 8.3M |
| Financing Cash Flow | 1.5M | 5.6M | -46,382 | 3.2M | 5.9M |
| Cash Flow From Continuing Financing Activities | 1.5M | 5.6M | -46,382 | 3.2M | 5.9M |
| Effect Of Exchange Rate Changes | 10,375 | -- | -- | -- | 0.00 |
| Changes In Cash | -1.7M | 4.2M | -1.9M | 1.6M | 2.6M |
| Beginning Cash Position | 6.7M | 2.5M | 4.4M | 2.9M | 256,828 |
| End Cash Position | 5.0M | 6.7M | 2.5M | 4.4M | 2.9M |
| Free Cash Flow | -3.1M | -1.4M | -1.8M | -1.6M | -3.3M |
| Asset Impairment Charge | 0.00 | -15,728 | 5,642 | -5,642 | 88,596 |
| Change In Prepaid Assets | -494,746 | 104,320 | 50,151 | -193,024 | 38,950 |
| Common Stock Issuance | 2.1M | 6.8M | 0.00 | 3.7M | 8.3M |
| Gain Loss On Investment Securities | -94,726 | -135,953 | 169,591 | -222,093 | -1.1M |
| Interest Paid Cfo | 44,370 | 84,478 | -18.00 | 6,696 | -16,260 |
| Interest Received Cfo | -- | -- | -- | -- | -- |
| Long Term Debt Payments | -41,100 | -55,117 | -49,482 | -33,071 | -34,483 |
| Net Foreign Currency Exchange Gain Loss | -4,797 | -- | -- | -- | 0.00 |
| Net Income From Continuing Operations | -2.1M | -2.4M | -2.3M | -1.5M | -3.5M |
| Net Intangibles Purchase And Sale | 0.00 | 0.00 | 0.00 | 0.00 | -26,675 |
| Net Long Term Debt Issuance | -41,100 | -55,117 | -49,482 | -33,071 | -34,483 |
| Net Other Financing Charges | -535,451 | -1.2M | 0.00 | -816,059 | -2.4M |
| Operating Gains Losses | -99,523 | -106,816 | 169,591 | -222,093 | -1.1M |
| Proceeds From Stock Option Exercised | -911.00 | 29,642 | 3,100 | 362,489 | 7,606 |
| Purchase Of Intangibles | 0.00 | 0.00 | 0.00 | 0.00 | -26,675 |