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 | 1.6M | 446,823 | 1.1M | 757,002 |
| Operating Revenue | 1.6M | 446,823 | 1.1M | 757,002 |
| Cost Of Revenue | 2.6M | 1.1M | 2.3M | 1.7M |
| Gross Profit | -998,862 | -609,106 | -1.1M | -935,502 |
| Selling General And Administration | 7.4M | 4.9M | 7.2M | 9.3M |
| General And Administrative Expense | 6.3M | 3.9M | 6.1M | 7.8M |
| Research And Development | 160,438 | 438,508 | 1.3M | 2.8M |
| Other Operating Expenses | 482,621 | 138,835 | 402,171 | 55,933 |
| Operating Expense | 8.6M | 5.6M | 9.2M | 12.2M |
| Operating Income | -9.6M | -6.2M | -10.3M | -13.1M |
| EBIT | -9.9M | -7.9M | -11.0M | -16.3M |
| Interest Expense | 212,107 | 767,195 | 0.00 | 8,477 |
| Interest Expense Non Operating | 212,107 | 767,195 | 0.00 | 8,477 |
| Interest Income | -- | -- | 34,086 | 311,842 |
| Interest Income Non Operating | -- | -- | 34,086 | 311,842 |
| Net Interest Income | -212,107 | -767,195 | 34,086 | 303,365 |
| Other Income Expense | -312,627 | -1.7M | -661,065 | -3.5M |
| Other Non Operating Income Expenses | -- | -- | 539,238 | -3.5M |
| Special Income Charges | -289,373 | -1.7M | -1.2M | 126,924 |
| Write Off | 281,504 | 1.5M | 1.2M | 469,764 |
| Gain On Sale Of Security | -23,254 | -11,973 | -7,459 | -25,205 |
| Earnings From Equity Interest | -- | -- | 0.00 | -142,213 |
| Pretax Income | -10.2M | -8.6M | -11.0M | -16.3M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -10.2M | -8.6M | -11.0M | -16.3M |
| Net Income From Continuing Operation Net Minority Interest | -10.2M | -8.6M | -11.0M | -16.3M |
| Net Income Including Noncontrolling Interests | -10.2M | -8.6M | -11.0M | -16.3M |
| Net Income Common Stockholders | -10.2M | -8.6M | -11.0M | -16.3M |
| Net Income | -10.2M | -8.6M | -11.0M | -16.3M |
| EBITDA | -9.1M | -6.9M | -9.9M | -15.4M |
| Normalized EBITDA | -8.8M | -5.2M | -8.7M | -15.5M |
| Reconciled Depreciation | 851,925 | 931,892 | 1.0M | 895,270 |
| Basic EPS | -0.02 | -0.02 | -0.03 | -0.04 |
| Diluted EPS | -0.02 | -0.02 | -0.03 | -0.04 |
| Basic Average Shares | 425.4M | 382.3M | 381.6M | 381.3M |
| Diluted Average Shares | 425.4M | 382.3M | 381.6M | 381.3M |
| Total Unusual Items | -312,627 | -1.7M | -1.2M | 101,719 |
| Total Unusual Items Excluding Goodwill | -312,627 | -1.7M | -1.2M | 101,719 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -9.8M | -6.9M | -9.8M | -16.4M |
| Diluted NI Availto Com Stockholders | -10.2M | -8.6M | -11.0M | -16.3M |
| Net Income Continuous Operations | -10.2M | -8.6M | -11.0M | -16.3M |
| Net Non Operating Interest Income Expense | -212,107 | -767,195 | 34,086 | 303,365 |
| Other Gand A | 2.1M | 1.8M | 2.5M | 2.2M |
| Other Special Charges | 7,869 | 167,156 | -- | -596,688 |
| Provision For Doubtful Accounts | 631,131 | 60,000 | 240,000 | 0.00 |
| Reconciled Cost Of Revenue | 2.6M | 1.1M | 2.3M | 1.7M |
| Salaries And Wages | 4.2M | 2.1M | 3.6M | 5.6M |
| Selling And Marketing Expense | 1.0M | 1.1M | 1.1M | 1.5M |
| Total Expenses | 11.2M | 6.6M | 11.5M | 13.9M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 86,300 | 247,268 | 156,499 | 8.3M |
| Cash Cash Equivalents And Short Term Investments | 86,300 | 247,268 | 156,499 | 8.3M |
| Accounts Receivable | 141,585 | 224,197 | 182,833 | 189,586 |
| Receivables | 218,868 | 386,484 | 260,495 | 445,454 |
| Inventory | 866,417 | 2.0M | 2.6M | 2.8M |
| Prepaid Assets | 147,445 | 116,078 | 289,849 | 488,480 |
| Current Assets | 1.3M | 2.7M | 3.3M | 12.0M |
| Gross PPE | 5.0M | 5.4M | 5.8M | 6.3M |
| Accumulated Depreciation | -3.6M | -3.3M | -3.0M | -2.5M |
| Net PPE | 1.4M | 2.1M | 2.9M | 3.8M |
| Goodwill And Other Intangible Assets | 663,606 | 789,106 | 885,502 | 957,572 |
| Other Intangible Assets | 663,606 | 789,106 | 885,502 | 957,572 |
| Investments And Advances | 20,000 | 0.00 | -- | 0.00 |
| Long Term Equity Investment | 20,000 | 0.00 | -- | 0.00 |
| Total Non Current Assets | 2.1M | 2.9M | 3.8M | 4.8M |
| Total Assets | 3.4M | 5.6M | 7.1M | 16.8M |
| Current Debt | 960,924 | 908,368 | -- | -- |
| Current Debt And Capital Lease Obligation | 1.4M | 1.3M | 436,670 | 403,655 |
| Payables And Accrued Expenses | 2.8M | 2.8M | 1.2M | 1.3M |
| Current Deferred Revenue | 507,051 | 475,791 | 111,973 | 160,124 |
| Current Liabilities | 5.6M | 5.0M | 2.0M | 1.9M |
| Long Term Debt And Capital Lease Obligation | 57,260 | 552,536 | 967,639 | 1.4M |
| Long Term Capital Lease Obligation | 57,260 | 552,536 | 967,639 | 1.4M |
| Total Non Current Liabilities Net Minority Interest | 57,260 | 552,536 | 967,639 | 1.4M |
| Total Liabilities Net Minority Interest | 5.7M | 5.6M | 3.0M | 3.3M |
| Common Stock | 100.3M | 94.8M | 90.5M | 90.6M |
| Capital Stock | 100.3M | 94.8M | 90.5M | 90.6M |
| Retained Earnings | -111.4M | -104.5M | -98.5M | -91.0M |
| Common Stock Equity | -2.2M | 61,351 | 4.1M | 13.5M |
| Stockholders Equity | -2.2M | 61,351 | 4.1M | 13.5M |
| Total Equity Gross Minority Interest | -2.2M | 61,351 | 4.1M | 13.5M |
| Total Capitalization | -2.2M | 61,351 | 4.1M | 13.5M |
| Net Tangible Assets | -2.9M | -727,755 | 3.2M | 12.6M |
| Tangible Book Value | -2.9M | -727,755 | 3.2M | 12.6M |
| Working Capital | -4.3M | -2.3M | 1.3M | 10.2M |
| Invested Capital | -1.3M | 969,719 | 4.1M | 13.5M |
| Total Debt | 1.5M | 1.9M | 1.4M | 1.8M |
| Net Debt | 874,624 | 661,100 | -- | -- |
| Share Issued | 441.5M | 406.2M | 381.8M | 381.5M |
| Ordinary Shares Number | 441.5M | 406.2M | 381.8M | 381.5M |
| Allowance For Doubtful Accounts Receivable | -530,364 | -80,026 | -20,026 | -- |
| Capital Lease Obligations | 539,694 | 993,668 | 1.4M | 1.8M |
| Construction In Progress | -- | -- | 0.00 | 48,937 |
| Current Capital Lease Obligation | 482,434 | 441,132 | 436,670 | 403,655 |
| Current Deferred Liabilities | 507,051 | 475,791 | 111,973 | 160,124 |
| Current Notes Payable | -- | -- | -- | 0.00 |
| Current Provisions | 888,519 | 404,592 | 329,330 | 62,114 |
| Finished Goods | 379,614 | 886,057 | 738,856 | 209,274 |
| Gross Accounts Receivable | 671,949 | 304,223 | 202,859 | -- |
| Investmentsin Associatesat Cost | 20,000 | 0.00 | -- | 0.00 |
| Leases | 1.6M | 1.6M | 1.6M | 1.6M |
| Machinery Furniture Equipment | 2.6M | 2.6M | 2.6M | 2.6M |
| Notes Receivable | -- | -- | -- | 0.00 |
| Other Current Borrowings | 960,924 | 908,368 | -- | -- |
| Other Equity Interest | 8.8M | 9.8M | 12.1M | 13.9M |
| Other Properties | 846,829 | 1.3M | 1.7M | 2.1M |
| Other Receivables | -- | 40,000 | -20,026 | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 226,516 | 600,621 | 1.7M | 2.2M |
| Taxes Receivable | 77,283 | 122,287 | 77,662 | 255,868 |
| Treasury Shares Number | -- | 0.00 | -- | -- |
| Work In Process | 260,287 | 475,714 | 240,726 | 370,428 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -5.4M | -3.5M | -7.9M | -8.7M |
| Cash Flow From Continuing Operating Activities | -5.4M | -3.5M | -7.9M | -8.7M |
| Depreciation And Amortization | 851,925 | 931,892 | 1.0M | 895,270 |
| Depreciation Amortization Depletion | 851,925 | 931,892 | 1.0M | 895,270 |
| Stock Based Compensation | 1.7M | 0.00 | 1.8M | 2.9M |
| Change In Working Capital | 397,451 | 1.5M | -1.2M | 226,828 |
| Change In Receivables | -463,515 | -185,989 | -55,041 | 422,175 |
| Change In Inventory | 814,471 | -847,796 | -1.1M | -444,369 |
| Change In Payables And Accrued Expense | 45,296 | 2.0M | -97,652 | 504,823 |
| Change In Other Working Capital | 32,566 | 300,245 | -183,106 | -141,562 |
| Other Non Cash Items | 312,018 | 829,378 | -440,269 | 3.4M |
| Capital Expenditure | -24,486 | -55,659 | -96,734 | -1.0M |
| Purchase Of PPE | -10,854 | 0.00 | 0.00 | -620,430 |
| Net PPE Purchase And Sale | -10,854 | 0.00 | 0.00 | -620,430 |
| Purchase Of Business | -20,000 | 0.00 | 0.00 | -250,000 |
| Purchase Of Investment | -- | -- | -- | -250,000 |
| Net Investment Purchase And Sale | -- | -- | -- | -250,000 |
| Investing Cash Flow | -44,486 | -55,659 | -96,734 | -1.4M |
| Cash Flow From Continuing Investing Activities | -44,486 | -55,659 | -96,734 | -1.4M |
| Issuance Of Debt | 65,050 | 3.4M | 199,238 | -- |
| Repayment Of Debt | -1.0M | -704,483 | -505,906 | -524,393 |
| Net Issuance Payments Of Debt | -971,096 | 2.7M | -306,668 | -524,393 |
| Issuance Of Capital Stock | 4.3M | 984,450 | 0.00 | 0.00 |
| Net Common Stock Issuance | 4.3M | 984,450 | 0.00 | 0.00 |
| Financing Cash Flow | 5.3M | 3.7M | -206,668 | -429,593 |
| Cash Flow From Continuing Financing Activities | 5.3M | 3.7M | -206,668 | -429,593 |
| Changes In Cash | -160,968 | 90,769 | -8.2M | -10.5M |
| Beginning Cash Position | 247,268 | 156,499 | 8.3M | 18.8M |
| End Cash Position | 86,300 | 247,268 | 156,499 | 8.3M |
| Free Cash Flow | -5.5M | -3.6M | -8.0M | -9.7M |
| Amortization Cash Flow | 139,132 | 152,055 | 168,804 | 161,728 |
| Amortization Of Intangibles | 139,132 | 152,055 | 168,804 | 161,728 |
| Asset Impairment Charge | 281,504 | 1.5M | 1.2M | 0.00 |
| Change In Prepaid Assets | -31,367 | 173,771 | 198,631 | -114,239 |
| Common Stock Issuance | 4.3M | 984,450 | 0.00 | 0.00 |
| Depreciation | 712,793 | 779,837 | 862,625 | 733,542 |
| Earnings Losses From Equity Investments | -- | -- | 0.00 | 142,213 |
| Gain Loss On Investment Securities | -- | -- | -539,238 | 3.5M |
| Long Term Debt Payments | -502,330 | -496,598 | -505,906 | -448,307 |
| Net Business Purchase And Sale | -20,000 | 0.00 | 0.00 | -250,000 |
| Net Foreign Currency Exchange Gain Loss | 8,186 | 167,156 | 0.00 | 77,150 |
| Net Income From Continuing Operations | -10.2M | -8.6M | -11.0M | -16.3M |
| Net Intangibles Purchase And Sale | -13,632 | -55,659 | -96,734 | -388,726 |
| Net Long Term Debt Issuance | -502,330 | -496,598 | -505,906 | -448,307 |
| Net Other Financing Charges | -- | -- | 199,238 | -- |
| Net Other Investing Changes | -- | -- | -- | -150,000 |
| Net Short Term Debt Issuance | -468,766 | 3.2M | 199,238 | -76,086 |
| Operating Gains Losses | 8,186 | 167,156 | -539,238 | 219,363 |
| Proceeds From Stock Option Exercised | 2.0M | 0.00 | 100,000 | 94,800 |
| Provisionand Write Offof Assets | 1.1M | 198,835 | 642,171 | 55,933 |
| Purchase Of Intangibles | -13,632 | -55,659 | -96,734 | -388,726 |
| Short Term Debt Issuance | 65,050 | 3.4M | 199,238 | -- |
| Short Term Debt Payments | -533,816 | -207,885 | 0.00 | -76,086 |