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 | 83.1M | 87.0M | 116.3M | 93.2M |
| Operating Revenue | 83.1M | 87.0M | 116.3M | 93.2M |
| Cost Of Revenue | 32.3M | 32.6M | 43.8M | 32.5M |
| Gross Profit | 50.8M | 54.3M | 72.5M | 60.7M |
| Selling General And Administration | 36.6M | 34.2M | 51.2M | 44.0M |
| General And Administrative Expense | 13.3M | 12.7M | 16.1M | 11.7M |
| Research And Development | 4.9M | 8.0M | 16.3M | 13.2M |
| Depreciation And Amortization In Income Statement | 9.7M | 11.4M | 12.8M | 7.8M |
| Operating Expense | 51.3M | 53.6M | 80.4M | 64.9M |
| Operating Income | -492,648 | 697,919 | -7.8M | -4.2M |
| EBIT | -492,648 | 697,919 | 10.4M | -1.4M |
| Interest Expense | -- | 0.00 | 477,570 | 1.7M |
| Interest Expense Non Operating | -- | 0.00 | 477,570 | 1.7M |
| Net Interest Income | -- | 0.00 | -477,570 | -1.7M |
| Other Income Expense | -197,412 | -979,325 | 18.3M | 2.8M |
| Special Income Charges | -472,985 | -1.1M | 18.0M | -2.2M |
| Restructuring And Mergern Acquisition | 137,850 | 1.1M | -18.1M | 2.2M |
| Gain On Sale Of Security | 275,573 | 146,666 | 316,869 | 5.0M |
| Pretax Income | -690,060 | -281,406 | 10.0M | -3.1M |
| Tax Provision | 235,146 | -368,074 | -801,596 | -263,493 |
| Tax Effect Of Unusual Items | -29,612 | -391,730 | 4.8M | 243,160 |
| Net Income From Continuing And Discontinued Operation | -925,206 | 86,668 | 10.8M | -2.8M |
| Net Income From Continuing Operation Net Minority Interest | -925,206 | 86,668 | 10.8M | -2.8M |
| Net Income Including Noncontrolling Interests | -925,206 | 86,668 | 10.8M | -2.8M |
| Net Income Common Stockholders | -925,206 | 86,668 | 10.8M | -2.8M |
| Net Income | -925,206 | 86,668 | 10.8M | -2.8M |
| EBITDA | 9.2M | 12.1M | 23.2M | 6.4M |
| Normalized EBITDA | 9.4M | 13.1M | 5.0M | 3.6M |
| Reconciled Depreciation | 9.7M | 11.4M | 12.8M | 7.8M |
| Basic EPS | -0.01 | 0.00 | 0.13 | -0.04 |
| Diluted EPS | -0.01 | 0.00 | 0.13 | -0.04 |
| Basic Average Shares | 81.5M | 81.5M | 80.5M | 73.5M |
| Diluted Average Shares | 81.5M | 81.5M | 80.5M | 73.5M |
| Total Unusual Items | -197,412 | -979,325 | 18.3M | 2.8M |
| Total Unusual Items Excluding Goodwill | -197,412 | -979,325 | 18.3M | 2.8M |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.26 | 0.09 |
| Normalized Income | -757,406 | 674,263 | -2.7M | -5.4M |
| Amortization | 9.6M | 11.2M | 12.5M | 7.4M |
| Amortization Of Intangibles Income Statement | 9.6M | 11.2M | 12.5M | 7.4M |
| Depreciation Amortization Depletion Income Statement | 9.7M | 11.4M | 12.8M | 7.8M |
| Depreciation Income Statement | 142,392 | 180,708 | 336,432 | 398,028 |
| Diluted NI Availto Com Stockholders | -925,206 | 86,668 | 10.8M | -2.8M |
| Gain On Sale Of Business | -- | -- | -- | 5.0M |
| Impairment Of Capital Assets | 335,135 | 0.00 | 194,754 | 0.00 |
| Net Income Continuous Operations | -925,206 | 86,668 | 10.8M | -2.8M |
| Net Non Operating Interest Income Expense | -- | 0.00 | -477,570 | -1.7M |
| Other Gand A | 13.3M | 12.7M | 16.1M | 11.7M |
| Reconciled Cost Of Revenue | 32.3M | 32.6M | 43.8M | 32.5M |
| Selling And Marketing Expense | 23.3M | 21.5M | 35.2M | 32.3M |
| Total Expenses | 83.6M | 86.3M | 124.1M | 97.4M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 7.6M | 5.2M | 5.7M | 9.2M |
| Cash Cash Equivalents And Short Term Investments | 7.6M | 5.2M | 5.7M | 9.2M |
| Other Short Term Investments | -- | -- | 48,907 | 0.00 |
| Accounts Receivable | 7.7M | 8.0M | 7.8M | 9.5M |
| Receivables | 10.4M | 11.1M | 11.0M | 11.8M |
| Prepaid Assets | 3.6M | 4.7M | 1.8M | 1.1M |
| Current Assets | 21.6M | 21.1M | 18.4M | 22.1M |
| Gross PPE | 2.3M | 2.2M | 2.2M | 2.0M |
| Accumulated Depreciation | -1.9M | -1.8M | -1.7M | -1.4M |
| Net PPE | 356,723 | 423,613 | 545,473 | 680,742 |
| Goodwill | 30.5M | 30.5M | 30.5M | 30.5M |
| Goodwill And Other Intangible Assets | 39.6M | 45.5M | 56.1M | 53.9M |
| Other Intangible Assets | 9.1M | 14.9M | 25.6M | 23.4M |
| Investments And Advances | 827,576 | 1.1M | 1.1M | 950,000 |
| Long Term Equity Investment | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Non Current Assets | 40.9M | 48.4M | 61.8M | 58.7M |
| Total Assets | 62.6M | 69.5M | 80.2M | 80.8M |
| Current Debt | -- | -- | 870,000 | -- |
| Current Debt And Capital Lease Obligation | -- | -- | 870,000 | 131,201 |
| Accounts Payable | 9.4M | 8.4M | 11.3M | 9.5M |
| Payables | 13.0M | 12.5M | 15.9M | 10.6M |
| Payables And Accrued Expenses | 13.0M | 12.5M | 15.9M | 10.6M |
| Current Deferred Revenue | 242,903 | 1.6M | 3.0M | 915,870 |
| Other Current Liabilities | -- | -- | -- | 20.0M |
| Current Liabilities | 13.2M | 14.1M | 19.8M | 31.7M |
| Long Term Debt And Capital Lease Obligation | -- | -- | 0.00 | 0.00 |
| Long Term Capital Lease Obligation | -- | -- | 0.00 | 0.00 |
| Other Non Current Liabilities | 407,779 | 2.7M | 6.3M | 19.4M |
| Total Non Current Liabilities Net Minority Interest | 2.5M | 6.5M | 11.9M | 24.9M |
| Total Liabilities Net Minority Interest | 15.7M | 20.6M | 31.7M | 56.6M |
| Common Stock | 86.0M | 87.8M | 88.3M | 74.8M |
| Capital Stock | 86.0M | 87.8M | 88.3M | 74.8M |
| Additional Paid In Capital | 8.9M | 8.2M | 7.4M | 7.4M |
| Retained Earnings | -48.0M | -47.1M | -47.2M | -57.9M |
| Common Stock Equity | 46.9M | 48.9M | 48.5M | 24.2M |
| Stockholders Equity | 46.9M | 48.9M | 48.5M | 24.2M |
| Total Equity Gross Minority Interest | 46.9M | 48.9M | 48.5M | 24.2M |
| Total Capitalization | 46.9M | 48.9M | 48.5M | 24.2M |
| Net Tangible Assets | 7.2M | 3.4M | -7.6M | -29.7M |
| Tangible Book Value | 7.2M | 3.4M | -7.6M | -29.7M |
| Working Capital | 8.4M | 6.9M | -1.3M | -9.6M |
| Invested Capital | 46.9M | 48.9M | 49.4M | 24.2M |
| Total Debt | -- | -- | 870,000 | 131,201 |
| Share Issued | 81.5M | 81.5M | 81.5M | 76.6M |
| Ordinary Shares Number | 81.5M | 81.5M | 81.5M | 76.6M |
| Available For Sale Securities | 827,576 | 1.1M | 1.1M | 950,000 |
| Capital Lease Obligations | -- | -- | 0.00 | 131,201 |
| Current Capital Lease Obligation | -- | -- | 0.00 | 131,201 |
| Current Deferred Liabilities | 242,903 | 1.6M | 3.0M | 915,870 |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | -- | 708,999 | 862,323 | -- |
| Income Tax Payable | 694,768 | 0.00 | 0.00 | 0.00 |
| Investmentin Financial Assets | 827,576 | 1.1M | 1.1M | 950,000 |
| Investmentsin Associatesat Cost | 0.00 | 0.00 | 0.00 | 0.00 |
| Leases | 62,576 | 62,576 | 62,576 | 62,576 |
| Line Of Credit | -- | 0.00 | 870,000 | 0.00 |
| Machinery Furniture Equipment | 1.6M | 1.5M | 1.6M | 1.4M |
| Non Current Deferred Assets | 110,515 | 1.3M | 3.0M | 2.0M |
| Non Current Deferred Liabilities | 2.1M | 3.7M | 5.7M | 5.5M |
| Non Current Deferred Taxes Assets | 110,515 | 1.3M | 3.0M | 2.0M |
| Non Current Deferred Taxes Liabilities | 2.1M | 3.7M | 5.7M | 5.5M |
| Non Current Prepaid Assets | 0.00 | 153,815 | 1.1M | 1.1M |
| Other Payable | 2.7M | 4.1M | 4.5M | 1.1M |
| Other Properties | 581,874 | 581,874 | 581,874 | 581,874 |
| Other Receivables | 2.7M | 2.7M | 2.3M | 1.1M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Taxes Receivable | 25,662 | 388,848 | 929,748 | 1.2M |
| Total Tax Payable | 801,989 | 0.00 | 0.00 | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 8.4M | 1.6M | 10.1M | 4.5M |
| Cash Flow From Continuing Operating Activities | 8.4M | 1.6M | 10.1M | 4.5M |
| Depreciation And Amortization | 9.7M | 11.4M | 12.8M | 7.8M |
| Depreciation Amortization Depletion | 9.7M | 11.4M | 12.8M | 7.8M |
| Stock Based Compensation | 761,965 | 737,405 | 2.5M | 5.0M |
| Deferred Tax | -459,622 | -203,812 | -809,696 | -2.8M |
| Deferred Income Tax | -459,622 | -203,812 | -809,696 | -2.8M |
| Change In Working Capital | -1.3M | -10.4M | 3.7M | 862,652 |
| Changes In Account Receivables | 607,034 | 344,361 | 1.4M | 708,734 |
| Change In Receivables | 626,399 | -63,295 | 240,059 | 1.8M |
| Change In Payables And Accrued Expense | 474,563 | -3.4M | -5.2M | 2.9M |
| Change In Payable | 474,563 | -3.4M | -5.2M | 2.9M |
| Change In Other Working Capital | -1.4M | -1.4M | 2.7M | -3.4M |
| Change In Other Current Liabilities | -2.3M | -3.5M | 6.7M | -- |
| Other Non Cash Items | -- | -- | -19.0M | 1.7M |
| Capital Expenditure | -4.2M | -660,942 | -4.2M | -5.2M |
| Purchase Of PPE | -75,502 | -84,676 | -270,038 | -342,722 |
| Net PPE Purchase And Sale | -75,502 | -84,676 | -270,038 | -342,722 |
| Sale Of Business | -- | -- | -- | 4.4M |
| Purchase Of Investment | -- | -- | -- | -552,130 |
| Sale Of Investment | -- | -- | 0.00 | 5.2M |
| Net Investment Purchase And Sale | -- | -- | 0.00 | 5.2M |
| Investing Cash Flow | -4.2M | -660,942 | -4.2M | 4.5M |
| Cash Flow From Continuing Investing Activities | -4.2M | -660,942 | -4.2M | 4.5M |
| Repayment Of Debt | -- | 0.00 | -131,201 | -201,755 |
| Net Issuance Payments Of Debt | 0.00 | -870,000 | 738,799 | -201,755 |
| Repurchase Of Capital Stock | -1.9M | -462,557 | -322,296 | 0.00 |
| Net Common Stock Issuance | -1.9M | -462,557 | -322,296 | 0.00 |
| Common Stock Payments | -1.9M | -462,557 | -322,296 | 0.00 |
| Financing Cash Flow | -1.9M | -1.3M | -9.5M | -4.2M |
| Cash Flow From Continuing Financing Activities | -1.9M | -1.3M | -9.5M | -4.2M |
| Changes In Cash | 2.3M | -420,505 | -3.6M | 4.8M |
| Beginning Cash Position | 5.2M | 5.7M | 9.2M | 4.4M |
| End Cash Position | 7.6M | 5.2M | 5.7M | 9.2M |
| Free Cash Flow | 4.2M | 912,052 | 5.9M | -638,355 |
| Amortization Cash Flow | 9.6M | 11.2M | 12.5M | 7.4M |
| Amortization Of Intangibles | 9.6M | 11.2M | 12.5M | 7.4M |
| Asset Impairment Charge | 335,135 | 0.00 | 194,754 | -- |
| Cash Dividends Paid | -- | -- | 0.00 | -6.3M |
| Change In Account Payable | -220,205 | -3.4M | -- | 2.9M |
| Change In Income Tax Payable | 694,768 | 0.00 | -- | -4.3M |
| Change In Prepaid Assets | 1.3M | -2.0M | -662,383 | -455,675 |
| Change In Tax Payable | 694,768 | 0.00 | -- | -4.3M |
| Depreciation | 142,392 | 180,708 | 12.8M | 398,028 |
| Gain Loss On Investment Securities | 273,599 | -43,852 | -107,323 | -5.2M |
| Gain Loss On Sale Of Business | -- | -- | -- | -4.9M |
| Gain Loss On Sale Of PPE | 0.00 | 25,828 | 68,875 | -- |
| Long Term Debt Payments | -- | 0.00 | -131,201 | -201,755 |
| Net Business Purchase And Sale | -- | -- | -- | 4.4M |
| Net Income From Continuing Operations | -925,206 | 86,668 | 10.8M | -2.8M |
| Net Intangibles Purchase And Sale | -4.1M | -576,266 | -3.9M | -4.8M |
| Net Long Term Debt Issuance | -- | 0.00 | -131,201 | -201,755 |
| Net Other Financing Charges | -- | -- | -10.0M | 1.9M |
| Net Short Term Debt Issuance | 0.00 | -870,000 | 870,000 | 0.00 |
| Operating Gains Losses | 273,599 | -18,024 | -38,448 | -5.2M |
| Proceeds From Stock Option Exercised | -- | 0.00 | 93,568 | 379,291 |
| Purchase Of Intangibles | -4.1M | -576,266 | -3.9M | -4.8M |
| Unrealized Gain Loss On Investment Securities | -- | -- | 719,631 | 0.00 |