Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 653.2M | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 653.2M | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | 350.5M | 0.00 | 273,605 | 48,823 | 72,302 |
| Gross Profit | 302.7M | 0.00 | -273,605 | -48,823 | -72,302 |
| Selling General And Administration | 56.7M | 13.7M | 11.7M | 11.5M | 8.7M |
| General And Administrative Expense | 56.7M | 13.7M | 11.7M | 11.5M | 8.7M |
| Research And Development | -- | -- | -- | -- | 2,164 |
| Other Operating Expenses | 54.7M | 373,000 | 2.8M | 22.4M | 20.5M |
| Operating Expense | 111.4M | 14.1M | 14.5M | 33.9M | 29.3M |
| Operating Income | 191.3M | -14.1M | -14.8M | -33.9M | -29.4M |
| EBIT | 188.2M | -14.1M | -11.9M | -30.3M | -27.8M |
| Interest Expense | 38.6M | 83,839 | 14,345 | 2,249 | 2,504 |
| Interest Expense Non Operating | 38.6M | 83,839 | 14,345 | 2,249 | 2,504 |
| Interest Income | -- | 1.5M | 2.3M | 916,128 | 654,816 |
| Interest Income Non Operating | -- | 1.5M | 2.3M | 916,128 | 654,816 |
| Net Interest Income | -38.6M | 1.5M | 2.3M | 913,879 | 652,312 |
| Other Income Expense | -3.2M | -2.6M | 594,362 | 2.8M | 893,490 |
| Other Non Operating Income Expenses | -- | -- | -- | -- | 78,113 |
| Special Income Charges | -2.1M | 0.00 | -975,233 | 776,306 | 959,725 |
| Write Off | 2.1M | 0.00 | 975,233 | -1.6M | -- |
| Gain On Sale Of Security | -1.0M | -2.6M | 1.6M | 2.0M | -144,348 |
| Pretax Income | 149.5M | -15.2M | -11.9M | -30.3M | -27.8M |
| Tax Provision | 42.7M | 0.00 | -- | -- | -- |
| Tax Effect Of Unusual Items | -900,376 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 106.8M | -15.2M | -11.9M | -30.3M | -27.8M |
| Net Income From Continuing Operation Net Minority Interest | 106.8M | -15.2M | -11.9M | -30.3M | -27.8M |
| Net Income Including Noncontrolling Interests | 106.8M | -15.2M | -11.9M | -30.3M | -27.8M |
| Net Income Common Stockholders | 106.8M | -15.2M | -11.9M | -30.3M | -27.8M |
| Net Income | 106.8M | -15.2M | -11.9M | -30.3M | -27.8M |
| EBITDA | 290.1M | -13.8M | -11.6M | -30.1M | -27.7M |
| Normalized EBITDA | 293.3M | -11.2M | -12.2M | -32.8M | -28.5M |
| Reconciled Depreciation | 102.0M | 277,000 | 274,193 | 213,187 | 150,386 |
| Basic EPS | 0.16 | -0.04 | -0.03 | -0.09 | -0.09 |
| Diluted EPS | 0.15 | -0.04 | -0.03 | -0.09 | -0.09 |
| Basic Average Shares | 687.8M | 398.4M | 382.7M | 342.9M | 324.5M |
| Diluted Average Shares | 710.0M | 398.4M | 382.7M | 342.9M | 324.5M |
| Total Unusual Items | -3.2M | -2.6M | 594,362 | 2.8M | 815,378 |
| Total Unusual Items Excluding Goodwill | -3.2M | -2.6M | 594,362 | 2.8M | 815,378 |
| Tax Rate For Calcs | 0.29 | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | 109.1M | -12.6M | -12.5M | -33.0M | -28.6M |
| Diluted NI Availto Com Stockholders | 106.8M | -15.2M | -11.9M | -30.3M | -27.8M |
| Gain On Sale Of Business | -- | -- | -- | -- | 0.00 |
| Gain On Sale Of Ppe | -- | -- | -- | 0.00 | 959,725 |
| Impairment Of Capital Assets | -- | -- | 0.00 | 828,469 | 0.00 |
| Net Income Continuous Operations | 106.8M | -15.2M | -11.9M | -30.3M | -27.8M |
| Net Non Operating Interest Income Expense | -38.6M | 1.5M | 2.3M | 913,879 | 652,312 |
| Other Gand A | 31.3M | 5.3M | 4.4M | 2.5M | 1.6M |
| Reconciled Cost Of Revenue | 350.5M | 0.00 | 273,605 | 48,823 | 72,302 |
| Rent And Landing Fees | -- | 154,222 | 110,828 | 54,817 | 44,278 |
| Rent Expense Supplemental | -- | 154,222 | 110,828 | 54,817 | 44,278 |
| Salaries And Wages | 25.4M | 8.4M | 7.2M | 9.0M | 7.1M |
| Total Expenses | 461.9M | 14.1M | 14.8M | 33.9M | 29.4M |
| Total Operating Income As Reported | 189.2M | -14.1M | -- | -- | -- |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 410.7M | 20.4M | 44.6M | 34.1M | 42.9M |
| Cash Cash Equivalents And Short Term Investments | 410.7M | 20.4M | 44.6M | 34.4M | 55.6M |
| Cash Equivalents | 4.1M | 0.00 | 211,066 | 165,782 | 86,273 |
| Cash Financial | 406.5M | 20.4M | 44.2M | 33.9M | 42.9M |
| Other Short Term Investments | -- | 148,515 | 153,912 | 383,588 | 12.7M |
| Accounts Receivable | 54.2M | 2.2M | 1.8M | -- | -- |
| Receivables | 54.2M | 2.2M | 1.8M | 5.9M | 161,679 |
| Inventory | 61.2M | 0.00 | 0.00 | -- | -- |
| Prepaid Assets | -- | 194,734 | 220,153 | 191,040 | 172,706 |
| Other Current Assets | 771,000 | 342,000 | 375,000 | -- | -- |
| Current Assets | 526.8M | 22.9M | 46.8M | 40.6M | 55.9M |
| Gross PPE | 1.3B | 62.1M | 62.7M | 26.0M | 26.7M |
| Accumulated Depreciation | -104.5M | -1.1M | -972,175 | -592,487 | -386,669 |
| Net PPE | 1.2B | 61.0M | 61.9M | 25.4M | 26.3M |
| Other Non Current Assets | 87.6M | -- | -- | -- | -- |
| Total Non Current Assets | 1.3B | 62.5M | 63.7M | 26.9M | 28.6M |
| Total Assets | 1.8B | 85.4M | 110.4M | 67.5M | 84.5M |
| Current Debt And Capital Lease Obligation | 3.2M | 172,000 | 84,000 | 65,879 | 32,226 |
| Accounts Payable | 51.4M | 3.6M | 8.6M | 422,526 | 434,945 |
| Payables | 136.5M | 3.6M | 8.6M | 1.3M | 1.2M |
| Payables And Accrued Expenses | 191.5M | 3.8M | 8.6M | 1.4M | 1.3M |
| Current Accrued Expenses | 55.0M | 216,000 | 6.0M | 119,451 | 143,612 |
| Current Deferred Revenue | 25.3M | 0.00 | 0.00 | -- | -- |
| Current Liabilities | 284.6M | 6.0M | 9.2M | 1.4M | 1.3M |
| Long Term Debt And Capital Lease Obligation | 3.4M | 846,000 | 225,263 | 339,219 | 0.00 |
| Long Term Capital Lease Obligation | 3.4M | 846,000 | 225,263 | 339,219 | 0.00 |
| Other Non Current Liabilities | -- | -- | 3.4M | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 883.7M | 1.6M | 3.4M | 339,219 | 0.00 |
| Total Liabilities Net Minority Interest | 1.2B | 7.6M | 12.6M | 1.8M | 1.3M |
| Common Stock | 595.8M | 166.4M | 163.5M | 122.9M | 118.0M |
| Capital Stock | 595.8M | 166.4M | 163.5M | 122.9M | 118.0M |
| Additional Paid In Capital | 33.0M | 33.8M | 32.3M | 27.6M | 18.9M |
| Retained Earnings | -20.5M | -127.3M | -112.2M | -97.7M | -71.8M |
| Gains Losses Not Affecting Retained Earnings | 180,000 | -8.3M | 1.1M | 35,754 | -305,481 |
| Common Stock Equity | 627.5M | 77.8M | 97.9M | 65.7M | 83.2M |
| Stockholders Equity | 627.5M | 77.8M | 97.9M | 65.7M | 83.2M |
| Total Equity Gross Minority Interest | 627.5M | 77.8M | 97.9M | 65.7M | 83.2M |
| Total Capitalization | 627.5M | 77.8M | 97.9M | 65.7M | 83.2M |
| Net Tangible Assets | 627.5M | 77.8M | 97.9M | 65.7M | 83.2M |
| Tangible Book Value | 627.5M | 77.8M | 97.9M | 65.7M | 83.2M |
| Working Capital | 242.2M | 17.0M | 37.6M | 39.1M | 54.6M |
| Invested Capital | 627.5M | 77.8M | 97.9M | 65.7M | 83.2M |
| Total Debt | 6.6M | 1.0M | 84,000 | 405,098 | 32,226 |
| Share Issued | 807.8M | 400.5M | 395.9M | 351.9M | 331.3M |
| Ordinary Shares Number | 807.8M | 400.5M | 395.9M | 351.9M | 331.3M |
| Capital Lease Obligations | 6.6M | 1.0M | 84,000 | 405,098 | 32,226 |
| Current Capital Lease Obligation | 3.2M | 172,000 | 84,000 | 65,879 | 32,226 |
| Current Deferred Liabilities | 25.3M | 0.00 | 0.00 | -- | -- |
| Current Provisions | 35.7M | -- | -- | -- | -- |
| Employee Benefits | 3.4M | 0.00 | 0.00 | -- | -- |
| Long Term Provisions | 460.9M | 743,000 | 660,335 | -- | -- |
| Machinery Furniture Equipment | 481.7M | 3.0M | 1.2M | 1.1M | 539,916 |
| Non Current Accounts Receivable | 1.6M | 1.5M | 1.7M | 1.5M | 2.3M |
| Non Current Deferred Liabilities | 416.1M | 0.00 | 0.00 | -- | -- |
| Non Current Deferred Revenue | 274.9M | 0.00 | 0.00 | -- | -- |
| Non Current Deferred Taxes Liabilities | 40.3M | 0.00 | 0.00 | -- | -- |
| Non Current Pension And Other Postretirement Benefit Plans | 3.4M | 0.00 | 0.00 | -- | -- |
| Other Equity Interest | 19.0M | 13.2M | 13.2M | 12.9M | 18.3M |
| Other Payable | -- | 2.3M | 972,964 | 839,881 | 726,082 |
| Other Properties | -- | 60.0M | 61.5M | 24.9M | 26.2M |
| Other Receivables | -- | 57,760 | 178,717 | 252,981 | 136,870 |
| Pensionand Other Post Retirement Benefit Plans Current | 28.9M | 2.0M | 519,000 | -- | -- |
| Properties | 802.7M | 59.0M | -- | -- | -- |
| Taxes Receivable | -- | 2.2M | 1.6M | 5.7M | 24,809 |
| Total Tax Payable | 85.1M | 0.00 | 0.00 | -- | -- |
| Tradeand Other Payables Non Current | -- | 0.00 | 2.5M | 0.00 | -- |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | 377.7M | -15.1M | -1.1M | -28.8M | -24.7M |
| Cash Flow From Continuing Operating Activities | 377.7M | -15.1M | -1.1M | -28.8M | -24.7M |
| Depreciation And Amortization | 102.0M | 277,000 | 274,193 | 213,187 | 150,386 |
| Depreciation Amortization Depletion | 102.0M | 277,000 | 274,193 | 213,187 | 150,386 |
| Stock Based Compensation | 5.0M | 3.2M | 4.3M | 6.8M | 5.3M |
| Deferred Tax | 42.7M | 0.00 | -- | -1.6M | 813,010 |
| Deferred Income Tax | 42.7M | 0.00 | -- | -1.6M | 813,010 |
| Change In Working Capital | 41.1M | -6.9M | 4.4M | -3.4M | -2.4M |
| Change In Receivables | -44.5M | -406,000 | 3.5M | -3.5M | -2.9M |
| Change In Inventory | 34.4M | 0.00 | -- | -- | -- |
| Change In Payables And Accrued Expense | 51.2M | -6.5M | 896,962 | 156,219 | 570,940 |
| Other Non Cash Items | 55.8M | 3.2M | -- | -- | -- |
| Capital Expenditure | -205.5M | -7.2M | -25.5M | -301,041 | -4.6M |
| Purchase Of PPE | -205.5M | -7.2M | -25.5M | -301,041 | -4.6M |
| Net PPE Purchase And Sale | -205.5M | -7.2M | -25.4M | -301,041 | -4.6M |
| Purchase Of Business | -200.6M | 0.00 | -- | -- | -- |
| Purchase Of Investment | -- | -- | -- | -- | 0.00 |
| Sale Of Investment | -- | -- | 0.00 | 11.1M | 0.00 |
| Net Investment Purchase And Sale | -- | -- | 0.00 | 11.1M | 0.00 |
| Investing Cash Flow | -457.7M | -7.2M | -25.4M | 10.8M | -4.6M |
| Cash Flow From Continuing Investing Activities | -457.7M | -7.2M | -25.4M | 10.8M | -4.6M |
| Repayment Of Debt | -2.2M | -490,000 | -105,069 | -36,244 | -36,690 |
| Net Issuance Payments Of Debt | -2.2M | -490,000 | -105,069 | -36,244 | -36,690 |
| Issuance Of Capital Stock | 168.7M | 0.00 | 36.7M | 0.00 | 0.00 |
| Net Common Stock Issuance | 168.7M | 0.00 | 36.7M | 0.00 | 0.00 |
| Financing Cash Flow | 467.4M | 761,000 | 36.8M | 10.7M | 19.0M |
| Cash Flow From Continuing Financing Activities | 467.4M | 761,000 | 36.8M | 10.7M | 19.0M |
| Effect Of Exchange Rate Changes | 2.9M | -2.6M | -638,517 | 1.1M | 238,015 |
| Changes In Cash | 387.4M | -21.6M | 10.2M | -7.4M | -10.3M |
| Beginning Cash Position | 20.4M | 44.6M | 34.8M | 40.3M | 53.0M |
| End Cash Position | 410.7M | 20.4M | 44.4M | 34.1M | 42.9M |
| Free Cash Flow | 172.2M | -22.4M | -26.7M | -29.1M | -29.3M |
| Income Tax Paid Supplemental Data | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Paid Supplemental Data | 568,000 | 87,000 | 619.63 | 2,249 | 2,504 |
| Amortization Of Securities | 24.4M | 198,000 | -- | -- | -- |
| Asset Impairment Charge | -- | 188,174 | 975,233 | -776,306 | 0.00 |
| Capital Expenditure Reported | -- | -- | -33.4M | 0.00 | -5.3M |
| Change In Prepaid Assets | -- | 8,761 | -24,707 | -28,792 | -95,264 |
| Common Stock Issuance | 168.7M | 0.00 | 36.7M | 0.00 | 0.00 |
| Depreciation | -- | 264,119 | 274,193 | 213,187 | 150,386 |
| Gain Loss On Investment Securities | -- | -- | -- | -- | 417,478 |
| Gain Loss On Sale Of PPE | -- | -- | -- | 0.00 | -959,725 |
| Long Term Debt Payments | -2.2M | -490,000 | -105,069 | -36,244 | -36,690 |
| Net Business Purchase And Sale | -200.6M | 0.00 | -- | -- | -- |
| Net Foreign Currency Exchange Gain Loss | -- | 3.1M | 604,296 | -1.8M | -74,164 |
| Net Income From Continuing Operations | 106.8M | -15.2M | -11.9M | -30.3M | -27.8M |
| Net Long Term Debt Issuance | -2.2M | -490,000 | -105,069 | -36,244 | -36,690 |
| Net Other Financing Charges | 293.4M | -- | -- | -- | -- |
| Net Other Investing Changes | -51.6M | -- | -- | -- | -- |
| Operating Gains Losses | -- | 3.1M | 604,296 | -1.8M | -1.0M |
| Proceeds From Stock Option Exercised | 7.5M | 1.3M | 189,730 | 10.7M | 19.0M |
| Sale Of PPE | 0.00 | 5,000 | 68,205 | 0.00 | -- |
| Unrealized Gain Loss On Investment Securities | -- | -5,953 | 238,523 | 457,255 | 327,429 |