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 | 34.6M | 33.5M | 26.9M | 18.7M |
| Operating Revenue | 34.6M | 33.5M | 26.9M | 18.7M |
| Cost Of Revenue | 19.1M | 18.0M | 16.0M | 12.1M |
| Gross Profit | 15.6M | 15.5M | 10.9M | 6.6M |
| Selling General And Administration | 2.8M | 2.6M | 2.8M | 1.8M |
| General And Administrative Expense | 2.8M | 2.6M | 2.8M | 1.8M |
| Depreciation And Amortization In Income Statement | 5.2M | 5.0M | 4.5M | 5.9M |
| Operating Expense | 8.0M | 7.6M | 7.4M | 7.6M |
| Operating Income | 7.5M | 7.9M | 3.5M | -1.0M |
| EBIT | 7.4M | 7.9M | 3.6M | -1.4M |
| Interest Expense | 2.7M | 1.7M | 1.3M | 1.0M |
| Interest Expense Non Operating | 2.7M | 1.7M | 1.3M | 1.0M |
| Net Interest Income | -2.8M | -1.9M | -1.5M | -1.2M |
| Other Income Expense | -60,028 | 153,483 | 228,251 | -203,007 |
| Special Income Charges | -60,028 | 153,483 | 228,251 | -203,007 |
| Restructuring And Mergern Acquisition | -- | -- | -- | 0.00 |
| Pretax Income | 4.7M | 6.2M | 2.3M | -2.4M |
| Tax Provision | 125,248 | 0.00 | -1,200 | -42,591 |
| Tax Effect Of Unusual Items | -1,610 | 0.00 | 59,825 | -3,575 |
| Net Income From Continuing And Discontinued Operation | 4.5M | 6.2M | 2.3M | -2.4M |
| Net Income From Continuing Operation Net Minority Interest | 4.5M | 6.2M | 2.3M | -2.4M |
| Net Income Including Noncontrolling Interests | 4.5M | 6.2M | 2.3M | -2.4M |
| Net Income Common Stockholders | 4.5M | 6.2M | 2.3M | -2.4M |
| Net Income | 4.5M | 6.2M | 2.3M | -2.4M |
| EBITDA | 12.6M | 12.9M | 8.1M | 4.5M |
| Normalized EBITDA | 12.7M | 12.8M | 7.9M | 4.7M |
| Reconciled Depreciation | 5.2M | 5.0M | 4.5M | 5.9M |
| Basic EPS | 0.07 | 0.12 | 0.05 | -0.05 |
| Diluted EPS | 0.07 | 0.12 | 0.05 | -0.05 |
| Basic Average Shares | 61.6M | 50.0M | 49.1M | 48.7M |
| Diluted Average Shares | 66.4M | 51.4M | 49.1M | 48.7M |
| Total Unusual Items | -60,028 | 153,483 | 228,251 | -203,007 |
| Total Unusual Items Excluding Goodwill | -60,028 | 153,483 | 228,251 | -203,007 |
| Tax Rate For Calcs | 0.03 | 0.00 | 0.26 | 0.02 |
| Normalized Income | 4.6M | 6.0M | 2.1M | -2.2M |
| Amortization | 50,143 | 50,322 | 54,691 | 60,519 |
| Amortization Of Intangibles Income Statement | 50,143 | 50,322 | 54,691 | 60,519 |
| Depreciation Amortization Depletion Income Statement | 5.2M | 5.0M | 4.5M | 5.9M |
| Depreciation Income Statement | 5.2M | 5.0M | 4.5M | 5.8M |
| Diluted NI Availto Com Stockholders | 4.5M | 6.2M | 2.3M | -2.4M |
| Gain On Sale Of Ppe | -60,028 | 153,483 | 228,251 | -203,007 |
| Impairment Of Capital Assets | -- | -- | -- | 0.00 |
| Net Income Continuous Operations | 4.5M | 6.2M | 2.3M | -2.4M |
| Net Income Discontinuous Operations | -- | -- | -- | 0.00 |
| Net Non Operating Interest Income Expense | -2.8M | -1.9M | -1.5M | -1.2M |
| Other Gand A | 2.5M | 2.2M | 2.7M | 1.8M |
| Reconciled Cost Of Revenue | 19.1M | 18.0M | 16.0M | 12.1M |
| Salaries And Wages | 302,710 | 351,272 | 102,140 | 25,085 |
| Total Expenses | 27.1M | 25.6M | 23.4M | 19.7M |
| Total Other Finance Cost | 99,316 | 167,892 | 136,725 | 160,693 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 30.7M | 3.8M | 1.1M | 876,543 |
| Cash Cash Equivalents And Short Term Investments | 30.7M | 3.8M | 1.1M | 876,543 |
| Accounts Receivable | 5.7M | 6.7M | 7.5M | 5.1M |
| Receivables | 6.7M | 7.5M | 8.0M | 5.7M |
| Inventory | 366,754 | 286,654 | 327,160 | 296,229 |
| Prepaid Assets | 3.4M | 1.3M | 549,873 | 265,694 |
| Current Assets | 41.1M | 12.9M | 10.0M | 7.2M |
| Gross PPE | 118.1M | 99.0M | 80.9M | 76.1M |
| Accumulated Depreciation | -47.8M | -43.5M | -39.0M | -35.2M |
| Net PPE | 70.2M | 55.5M | 41.8M | 40.9M |
| Goodwill | 351,910 | 351,910 | 351,910 | 351,910 |
| Goodwill And Other Intangible Assets | 397,874 | 448,017 | 498,340 | 553,031 |
| Other Intangible Assets | 45,964 | 96,107 | 146,430 | 201,121 |
| Total Non Current Assets | 77.2M | 59.9M | 45.4M | 44.0M |
| Total Assets | 118.3M | 72.8M | 55.4M | 51.1M |
| Current Debt | 222,023 | 204,804 | 114,000 | 454,398 |
| Current Debt And Capital Lease Obligation | 2.1M | 1.4M | 605,198 | 1.2M |
| Accounts Payable | 2.8M | 2.3M | 2.0M | 1.6M |
| Payables | 2.8M | 2.3M | 2.0M | 1.6M |
| Payables And Accrued Expenses | 2.8M | 2.3M | 2.0M | 1.6M |
| Current Liabilities | 4.9M | 3.7M | 2.6M | 2.9M |
| Long Term Debt | 20.6M | 21.3M | 14.4M | 13.2M |
| Long Term Debt And Capital Lease Obligation | 25.2M | 24.3M | 14.9M | 13.6M |
| Long Term Capital Lease Obligation | 4.6M | 3.0M | 532,270 | 353,776 |
| Total Non Current Liabilities Net Minority Interest | 31.2M | 28.3M | 18.0M | 16.1M |
| Total Liabilities Net Minority Interest | 36.0M | 32.0M | 20.6M | 18.9M |
| Common Stock | 101.1M | 65.3M | 67.0M | 68.2M |
| Capital Stock | 101.1M | 65.3M | 67.0M | 68.2M |
| Additional Paid In Capital | 20.7M | 20.2M | 18.6M | 17.2M |
| Retained Earnings | -40.1M | -44.7M | -50.9M | -53.1M |
| Common Stock Equity | 82.3M | 40.8M | 34.8M | 32.2M |
| Stockholders Equity | 82.3M | 40.8M | 34.8M | 32.2M |
| Total Equity Gross Minority Interest | 82.3M | 40.8M | 34.8M | 32.2M |
| Total Capitalization | 102.9M | 62.1M | 49.2M | 45.4M |
| Net Tangible Assets | 81.9M | 40.3M | 34.3M | 31.7M |
| Tangible Book Value | 81.9M | 40.3M | 34.3M | 31.7M |
| Working Capital | 36.3M | 9.2M | 7.4M | 4.3M |
| Invested Capital | 103.1M | 62.3M | 49.3M | 45.9M |
| Total Debt | 27.2M | 25.7M | 15.5M | 14.8M |
| Net Debt | -- | 17.8M | 13.4M | 12.8M |
| Share Issued | 77.2M | 49.7M | 51.0M | 47.9M |
| Ordinary Shares Number | 77.2M | 49.7M | 51.0M | 47.9M |
| Buildings And Improvements | 1.6M | 1.5M | 1.5M | 1.5M |
| Capital Lease Obligations | 6.4M | 4.2M | 1.0M | 1.1M |
| Construction In Progress | 6.7M | 1.5M | 1.8M | 598,800 |
| Current Capital Lease Obligation | 1.8M | 1.1M | 491,198 | 770,745 |
| Land And Improvements | 6.8M | 6.8M | 4.1M | 4.7M |
| Leases | 584,496 | 291,325 | 291,325 | 251,057 |
| Machinery Furniture Equipment | 87.8M | 79.1M | 68.3M | 65.3M |
| Non Current Deferred Assets | 6.6M | 4.0M | 3.1M | 2.5M |
| Non Current Deferred Liabilities | 6.0M | 4.0M | 3.1M | 2.5M |
| Non Current Deferred Taxes Assets | 6.6M | 4.0M | 3.1M | 2.5M |
| Non Current Deferred Taxes Liabilities | 6.0M | 4.0M | 3.1M | 2.5M |
| Other Current Borrowings | 222,023 | 204,804 | 114,000 | 454,398 |
| Other Equity Interest | 605,553 | -- | -- | -- |
| Other Properties | 14.5M | 9.8M | 4.9M | 3.8M |
| Other Receivables | 987,139 | 742,166 | 592,954 | 581,792 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 366,754 | 286,654 | 327,160 | 296,229 |
| Treasury Shares Number | -- | 0.00 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 12.1M | 13.5M | 5.9M | 3.5M |
| Cash Flow From Continuing Operating Activities | 12.1M | 13.5M | 5.9M | 3.5M |
| Depreciation And Amortization | 5.2M | 5.0M | 4.5M | 5.9M |
| Depreciation Amortization Depletion | 5.2M | 5.0M | 4.5M | 5.9M |
| Stock Based Compensation | 327,231 | 351,272 | 102,140 | 25,085 |
| Deferred Tax | 125,248 | 0.00 | -- | -- |
| Deferred Income Tax | 125,248 | 0.00 | -- | -- |
| Change In Working Capital | -946,477 | 185,471 | -2.3M | -1.4M |
| Changes In Account Receivables | 1.0M | 738,671 | -2.3M | -1.2M |
| Change In Receivables | 801,646 | 589,459 | -2.3M | -1.5M |
| Change In Inventory | -80,100 | 40,506 | -30,931 | -84,373 |
| Change In Payables And Accrued Expense | 450,335 | 331,581 | 381,745 | 373,931 |
| Change In Payable | 450,335 | 331,581 | 381,745 | 373,931 |
| Other Non Cash Items | 2.8M | 1.9M | 1.5M | 1.2M |
| Capital Expenditure | -16.9M | -15.1M | -5.6M | -3.8M |
| Purchase Of PPE | -16.9M | -15.1M | -5.6M | -3.8M |
| Net PPE Purchase And Sale | -15.9M | -14.3M | -4.4M | -2.5M |
| Investing Cash Flow | -15.9M | -14.3M | -4.4M | -2.5M |
| Cash Flow From Continuing Investing Activities | -15.9M | -14.3M | -4.4M | -2.5M |
| Issuance Of Debt | -625,580 | 7.0M | 1.5M | 2.6M |
| Repayment Of Debt | -2.0M | -1.3M | -1.7M | -1.7M |
| Net Issuance Payments Of Debt | -2.6M | 5.7M | -173,311 | 915,077 |
| Issuance Of Capital Stock | 35.7M | 0.00 | -- | -- |
| Repurchase Of Capital Stock | 0.00 | -512,085 | -714,614 | -507,552 |
| Net Common Stock Issuance | 35.7M | -512,085 | -714,614 | -507,552 |
| Common Stock Payments | 0.00 | -512,085 | -714,614 | -507,552 |
| Financing Cash Flow | 30.7M | 3.5M | -1.4M | -937,408 |
| Cash Flow From Continuing Financing Activities | 30.7M | 3.5M | -1.4M | -937,408 |
| Changes In Cash | 26.9M | 2.7M | 185,155 | 92,926 |
| Beginning Cash Position | 3.8M | 1.1M | 876,543 | 783,617 |
| End Cash Position | 30.7M | 3.8M | 1.1M | 876,543 |
| Free Cash Flow | -4.8M | -1.6M | 341,819 | -344,628 |
| Amortization Cash Flow | 50,143 | 50,322 | 54,691 | 60,519 |
| Amortization Of Intangibles | 50,143 | 50,322 | 54,691 | 60,519 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Account Payable | -- | -- | -- | 373,931 |
| Change In Prepaid Assets | -2.1M | -776,075 | -284,179 | -104,888 |
| Common Stock Issuance | 35.7M | 0.00 | -- | -- |
| Depreciation | 5.2M | 5.0M | 4.5M | 5.8M |
| Gain Loss On Sale Of PPE | 44,683 | -94,562 | -197,782 | 149,396 |
| Interest Paid Cff | -2.7M | -1.7M | -1.4M | -1.4M |
| Long Term Debt Issuance | -625,580 | 4.8M | 1.5M | 2.6M |
| Long Term Debt Payments | -2.0M | -1.3M | -1.7M | -1.7M |
| Net Income From Continuing Operations | 4.5M | 6.2M | 2.3M | -2.4M |
| Net Long Term Debt Issuance | -2.6M | 3.5M | -173,311 | 915,077 |
| Net Other Financing Charges | -2.9M | -- | -- | -- |
| Net Short Term Debt Issuance | 0.00 | 2.3M | 0.00 | 2.6M |
| Operating Gains Losses | 44,683 | -94,562 | -197,782 | 149,396 |
| Proceeds From Stock Option Exercised | 3.1M | 0.00 | 901,070 | 73,499 |
| Sale Of PPE | 1.0M | 823,396 | 1.2M | 1.4M |
| Short Term Debt Issuance | 0.00 | 2.3M | 0.00 | 2.6M |