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 | 467.5M | 217.6M | 205.5M | 210.2M | 165.3M |
| Operating Revenue | 476.5M | 219.6M | 207.9M | 213.2M | 167.3M |
| Cost Of Revenue | 384.7M | 175.6M | 168.9M | 158.6M | 129.0M |
| Gross Profit | 82.8M | 42.0M | 36.6M | 51.5M | 36.4M |
| Selling General And Administration | 19.3M | 13.8M | 12.0M | 15.0M | 9.9M |
| General And Administrative Expense | 19.3M | 13.8M | 12.0M | 15.0M | 9.9M |
| Depreciation And Amortization In Income Statement | -- | 403,000 | 376,000 | 838,000 | -- |
| Other Operating Expenses | 24.6M | 20.1M | 15.7M | 11.5M | 18.2M |
| Operating Expense | 44.3M | 34.3M | 28.1M | 27.9M | 29.6M |
| Operating Income | 38.5M | 7.7M | 8.6M | 23.7M | 6.8M |
| EBIT | -98.6M | -21.2M | 19.1M | 25.7M | 30.4M |
| Interest Expense | 6.3M | 800,000 | 822,000 | 790,000 | 723,000 |
| Interest Expense Non Operating | 6.3M | 800,000 | 822,000 | 790,000 | 723,000 |
| Net Interest Income | -6.3M | -800,000 | -822,000 | -821,000 | -723,000 |
| Other Income Expense | -137.1M | -29.0M | 10.5M | 2.1M | 23.6M |
| Special Income Charges | -11.0M | -200,000 | 6.6M | 1.8M | 21.0M |
| Restructuring And Mergern Acquisition | 3.6M | 0.00 | -- | 0.00 | 870,000 |
| Write Off | 7.0M | 0.00 | -- | -- | -- |
| Gain On Sale Of Security | -126.1M | -28.8M | 3.9M | 282,000 | 2.6M |
| Pretax Income | -104.9M | -22.0M | 18.3M | 24.9M | 29.7M |
| Tax Provision | 14.2M | 9.5M | 12.1M | 18.7M | 15.7M |
| Tax Effect Of Unusual Items | -20.6M | -4.3M | 4.2M | 551,196 | 6.3M |
| Net Income From Continuing And Discontinued Operation | -119.1M | -31.5M | 6.1M | 6.2M | 14.0M |
| Net Income From Continuing Operation Net Minority Interest | -119.1M | -31.5M | 6.1M | 6.2M | 14.0M |
| Net Income Including Noncontrolling Interests | -119.1M | -31.5M | 6.1M | 6.2M | 14.0M |
| Net Income Common Stockholders | -119.1M | -31.5M | 6.1M | 6.2M | 14.0M |
| Net Income | -119.1M | -31.5M | 6.1M | 6.2M | 14.0M |
| EBITDA | -24.8M | 9.9M | 47.9M | 51.8M | 54.9M |
| Normalized EBITDA | 112.3M | 38.9M | 37.3M | 49.7M | 31.3M |
| Reconciled Depreciation | 73.8M | 31.1M | 28.8M | 26.1M | 24.5M |
| Basic EPS | -- | -0.13 | 0.03 | 0.03 | 0.08 |
| Diluted EPS | -- | -0.13 | 0.03 | 0.03 | 0.08 |
| Basic Average Shares | -- | 242.2M | 196.0M | 183.0M | 167.3M |
| Diluted Average Shares | -- | 242.2M | 197.8M | 185.3M | 170.7M |
| Total Unusual Items | -137.1M | -29.0M | 10.5M | 2.1M | 23.6M |
| Total Unusual Items Excluding Goodwill | -137.1M | -29.0M | 10.5M | 2.1M | 23.6M |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.40 | 0.26 | 0.27 |
| Normalized Income | -2.6M | -6.8M | -186,600 | 4.6M | -3.4M |
| Depreciation Amortization Depletion Income Statement | 400,000 | 400,000 | 376,000 | 838,000 | 165,000 |
| Depreciation Income Statement | -- | 403,000 | 376,000 | 838,000 | -- |
| Diluted NI Availto Com Stockholders | -119.1M | -31.5M | 6.1M | 6.2M | 14.0M |
| Gain On Sale Of Ppe | -- | 69,000 | 7.1M | 2.5M | 5.8M |
| Impairment Of Capital Assets | 400,000 | 200,000 | 435,000 | 682,000 | -16.1M |
| Net Income Continuous Operations | -119.1M | -31.5M | 6.1M | 6.2M | 14.0M |
| Net Non Operating Interest Income Expense | -6.3M | -800,000 | -822,000 | -821,000 | -723,000 |
| Other Gand A | 6.7M | 5.3M | 6.0M | 4.4M | 3.8M |
| Reconciled Cost Of Revenue | 311.3M | 144.9M | 140.4M | 133.4M | 104.6M |
| Salaries And Wages | 12.6M | 8.5M | 6.0M | 10.6M | 6.1M |
| Total Expenses | 429.0M | 209.9M | 196.9M | 186.5M | 158.6M |
| Total Operating Income As Reported | 35.7M | 8.3M | 8.7M | 23.5M | 22.2M |
| Total Other Finance Cost | -- | -- | -- | 31,000 | -- |
| 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 | 215.4M | 106.4M | 35.3M | 83.4M | 103.3M |
| Cash Cash Equivalents And Short Term Investments | 216.4M | 107.5M | 40.4M | 92.0M | 114.5M |
| Other Short Term Investments | 1.0M | 1.1M | 5.1M | 8.6M | 11.2M |
| Accounts Receivable | 20.6M | 3.3M | 6.6M | 4.4M | 4.8M |
| Receivables | 89.8M | 10.3M | 25.5M | 18.2M | 14.6M |
| Inventory | 62.3M | 36.0M | 27.3M | 19.2M | 27.5M |
| Prepaid Assets | -- | -- | -- | 17.0M | 5.1M |
| Other Current Assets | 6.0M | 3.8M | 7.5M | 17.0M | -- |
| Current Assets | 423.2M | 157.6M | 100.8M | 146.3M | 161.8M |
| Gross PPE | 1.4B | 1.2B | 969.3M | 837.6M | 722.9M |
| Accumulated Depreciation | -611.2M | -667.7M | -633.7M | -602.9M | -600.0M |
| Net PPE | 785.9M | 506.2M | 335.6M | 234.7M | 122.9M |
| Goodwill And Other Intangible Assets | -- | -- | -- | 0.00 | 40,000 |
| Other Intangible Assets | -- | -- | -- | -- | 40,000 |
| Investments And Advances | -- | -- | 0.00 | 1.4M | 0.00 |
| Other Investments | -- | -- | -- | 1.4M | 0.00 |
| Other Non Current Assets | 10.2M | 20.5M | 1.4M | -- | -- |
| Total Non Current Assets | 812.5M | 561.6M | 374.0M | 253.1M | 132.3M |
| Total Assets | 1.2B | 719.2M | 474.8M | 399.4M | 294.0M |
| Current Debt | 8.8M | 5.2M | 3.9M | 6.0M | 4.1M |
| Current Debt And Capital Lease Obligation | 8.8M | 5.2M | 3.9M | 6.3M | 4.3M |
| Accounts Payable | 120.4M | 54.0M | 46.6M | 39.8M | 32.0M |
| Payables | 144.7M | 63.5M | 54.4M | 46.4M | 36.2M |
| Payables And Accrued Expenses | 144.7M | 63.5M | 54.4M | 46.4M | 36.2M |
| Other Current Liabilities | 123.3M | 10.2M | -- | -- | -- |
| Current Liabilities | 276.8M | 78.9M | 58.2M | 52.7M | 40.6M |
| Long Term Debt | 235.1M | 115.0M | 4.7M | 8.5M | 6.4M |
| Long Term Debt And Capital Lease Obligation | 235.1M | 115.0M | 4.7M | 9.3M | 7.2M |
| Long Term Capital Lease Obligation | -- | -- | 575,000 | 812,000 | 794,000 |
| Other Non Current Liabilities | 48.0M | 2.4M | 3.1M | 968,000 | -- |
| Total Non Current Liabilities Net Minority Interest | 379.8M | 155.9M | 30.2M | 30.8M | 16.1M |
| Total Liabilities Net Minority Interest | 656.6M | 234.8M | 88.5M | 83.5M | 56.6M |
| Common Stock | 981.2M | 851.0M | 722.7M | 657.9M | 585.4M |
| Capital Stock | 981.2M | 851.0M | 722.7M | 657.9M | 585.4M |
| Additional Paid In Capital | 89.2M | 5.6M | 4.6M | 6.1M | 6.3M |
| Retained Earnings | -491.3M | -372.2M | -340.9M | -348.1M | -354.3M |
| Common Stock Equity | 579.1M | 484.4M | 386.3M | 315.9M | 237.4M |
| Stockholders Equity | 579.1M | 484.4M | 386.3M | 315.9M | 237.4M |
| Total Equity Gross Minority Interest | 579.1M | 484.4M | 386.3M | 315.9M | 237.4M |
| Total Capitalization | 814.2M | 599.4M | 391.0M | 324.4M | 243.8M |
| Net Tangible Assets | 579.1M | 484.4M | 386.3M | 315.9M | 237.4M |
| Tangible Book Value | 579.1M | 484.4M | 386.3M | 315.9M | 237.4M |
| Working Capital | 146.4M | 78.7M | 42.5M | 93.6M | 121.2M |
| Invested Capital | 823.0M | 604.6M | 394.9M | 330.4M | 247.9M |
| Total Debt | 243.9M | 120.2M | 8.5M | 15.6M | 11.5M |
| Net Debt | 28.5M | 13.8M | -- | -- | -- |
| Share Issued | 295.4M | 262.3M | 217.2M | 189.6M | 170.5M |
| Ordinary Shares Number | 295.4M | 262.3M | 217.2M | 189.6M | 170.5M |
| Assets Held For Sale Current | 47.6M | 0.00 | -- | -- | -- |
| Buildings And Improvements | -- | 35.7M | 25.6M | 20.4M | 14.1M |
| Capital Lease Obligations | -- | -- | 1.0M | 1.1M | 1.0M |
| Construction In Progress | -- | 18.3M | 21.0M | -- | -- |
| Current Capital Lease Obligation | -- | -- | 436,000 | 261,000 | 207,000 |
| Derivative Product Liabilities | 36.2M | 16.6M | 0.00 | -- | -- |
| Duefrom Related Parties Current | -- | -- | -- | 0.00 | 1,000 |
| Financial Assets | 8.0M | 0.00 | -- | -- | -- |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | -- | -- | 0.00 | 1.4M | -- |
| Finished Goods | 14.9M | 7.2M | 9.5M | 6.1M | 15.6M |
| Hedging Assets Current | 1.1M | 0.00 | -- | -- | -- |
| Income Tax Payable | 24.3M | 9.5M | 7.8M | 6.6M | 4.2M |
| Investmentin Financial Assets | -- | -- | 0.00 | 1.4M | -- |
| Leases | -- | -- | -- | 806,000 | 664,000 |
| Loans Receivable | 2.3M | 1.4M | 1.4M | 1.0M | 0.00 |
| Long Term Provisions | 22.3M | 11.6M | 8.7M | 7.6M | 7.4M |
| Machinery Furniture Equipment | 613.4M | 395.9M | 266.6M | 216.4M | 197.4M |
| Non Current Accounts Receivable | 8.4M | 34.9M | 27.6M | 13.7M | 7.8M |
| Non Current Deferred Assets | -- | 0.00 | 7.5M | 0.00 | 936,000 |
| Non Current Deferred Liabilities | 38.2M | 10.3M | 13.7M | 12.9M | 1.5M |
| Non Current Deferred Taxes Assets | -- | -- | -- | 0.00 | 936,000 |
| Non Current Deferred Taxes Liabilities | 38.2M | 10.3M | 13.7M | 12.9M | 1.5M |
| Non Current Note Receivables | -- | 1.2M | 1.9M | 2.7M | 0.00 |
| Non Current Prepaid Assets | -- | -- | 21.7M | 565,000 | 599,000 |
| Other Current Borrowings | 8.8M | 5.2M | 3.9M | 6.0M | 4.1M |
| Other Properties | -- | -- | 706,000 | 806,000 | -- |
| Other Receivables | 2.2M | 400,000 | 1.7M | 689,000 | 847,000 |
| Raw Materials | 45.1M | 27.0M | 16.2M | 12.1M | 11.0M |
| Taxes Receivable | 64.7M | 5.2M | 15.8M | 12.1M | 9.0M |
| Total Tax Payable | 24.3M | 9.5M | 7.8M | 6.6M | 4.2M |
| Work In Process | 2.3M | 1.8M | 1.6M | 975,000 | 902,000 |
| 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 | 67.4M | 19.1M | 11.8M | 55.0M | 23.5M |
| Cash Flow From Continuing Operating Activities | 67.5M | 19.1M | 11.8M | 55.0M | 23.5M |
| Depreciation And Amortization | 73.8M | 31.1M | 28.8M | 26.1M | -- |
| Depreciation Amortization Depletion | 73.8M | 31.1M | 28.8M | 26.1M | 24.5M |
| Stock Based Compensation | 3.9M | 3.2M | 3.6M | 3.9M | 3.6M |
| Deferred Tax | -22.4M | -3.4M | 786,000 | 12.4M | 12.3M |
| Deferred Income Tax | -22.4M | -3.4M | 786,000 | 12.4M | 12.3M |
| Change In Working Capital | 16.0M | -8.1M | -25.2M | 967,000 | -8.8M |
| Changes In Account Receivables | -17.2M | -4.0M | -20.9M | -4.4M | 3.9M |
| Change In Receivables | -43.5M | -700,000 | -20.1M | -8.2M | 224,000 |
| Change In Inventory | -19.9M | -7.9M | -6.9M | 5.2M | -11.1M |
| Change In Payables And Accrued Expense | 77.8M | -3.4M | 1.6M | 4.8M | 5.0M |
| Change In Payable | 77.8M | -3.4M | 1.6M | 4.8M | 5.0M |
| Other Non Cash Items | 26.6M | -6.3M | -1.1M | 1.2M | 985,000 |
| Capital Expenditure | -169.2M | -195.4M | -117.8M | -109.7M | -54.1M |
| Purchase Of PPE | -169.2M | -195.4M | -117.8M | -109.7M | -54.1M |
| Net PPE Purchase And Sale | -169.2M | -195.3M | -110.2M | -109.4M | -44.0M |
| Purchase Of Business | -72.1M | 0.00 | -- | -- | -- |
| Purchase Of Investment | -- | 0.00 | -226,000 | -2.1M | -3.3M |
| Sale Of Investment | 800,000 | 3.2M | 2.5M | 0.00 | 9.3M |
| Net Investment Purchase And Sale | 800,000 | 3.2M | 2.2M | -2.1M | 6.0M |
| Investing Cash Flow | -237.4M | -183.5M | -107.2M | -111.5M | -38.0M |
| Cash Flow From Continuing Investing Activities | -237.4M | -183.5M | -107.2M | -111.5M | -38.0M |
| Issuance Of Debt | 354.1M | 120.0M | 0.00 | 0.00 | -- |
| Repayment Of Debt | -160.6M | -4.5M | -6.3M | -5.3M | -3.7M |
| Net Issuance Payments Of Debt | 193.5M | 115.5M | -6.3M | -5.3M | -3.7M |
| Issuance Of Capital Stock | 70.5M | 122.4M | 60.7M | 46.0M | 60.0M |
| Repurchase Of Capital Stock | -- | -- | -- | -1.9M | -2.4M |
| Net Common Stock Issuance | 70.5M | 122.4M | 60.7M | 46.0M | 57.6M |
| Common Stock Payments | -- | -- | -- | -1.9M | -2.4M |
| Financing Cash Flow | 287.0M | 236.0M | 48.1M | 36.8M | 56.7M |
| Cash Flow From Continuing Financing Activities | 287.0M | 236.0M | 48.1M | 36.8M | 56.7M |
| Effect Of Exchange Rate Changes | 300,000 | -500,000 | -806,000 | -211,000 | 113,000 |
| Changes In Cash | 117.0M | 71.6M | -47.3M | -19.7M | 42.1M |
| Beginning Cash Position | 106.4M | 35.3M | 83.4M | 103.3M | 61.1M |
| End Cash Position | 223.7M | 106.4M | 35.3M | 83.4M | 103.3M |
| Free Cash Flow | -101.8M | -176.3M | -106.0M | -54.7M | -30.6M |
| Income Tax Paid Supplemental Data | 22.2M | 5.2M | 7.0M | 6.3M | 992,000 |
| Asset Impairment Charge | -2.4M | 0.00 | 435,000 | 2.0M | -14.9M |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Account Payable | 58.0M | -5.1M | 367,000 | 2.4M | 3.8M |
| Change In Income Tax Payable | 19.8M | 1.7M | 1.2M | 2.4M | 1.2M |
| Change In Prepaid Assets | 1.6M | 3.9M | 187,000 | -862,000 | -2.9M |
| Change In Tax Payable | 19.8M | 1.7M | 1.2M | 2.4M | 1.2M |
| Common Stock Issuance | 70.5M | 122.4M | 60.7M | 46.0M | 60.0M |
| Depreciation | 73.8M | 31.1M | 28.8M | 26.1M | -- |
| Gain Loss On Investment Securities | 96.2M | 26.9M | 2.5M | 3.5M | -2.1M |
| Interest Paid Cff | -15.7M | -4.2M | -822,000 | -790,000 | -668,000 |
| Interest Received Cfi | 2.9M | 7.5M | 0.00 | -- | -- |
| Long Term Debt Issuance | 354.1M | 120.0M | 0.00 | 0.00 | -- |
| Long Term Debt Payments | -160.6M | -4.5M | -6.3M | -5.3M | -3.7M |
| Net Business Purchase And Sale | -72.1M | 0.00 | -- | -- | -- |
| Net Foreign Currency Exchange Gain Loss | -4.4M | 5.4M | 1.4M | 344,000 | -176,000 |
| Net Income From Continuing Operations | -119.1M | -31.5M | 6.1M | 6.2M | 14.0M |
| Net Long Term Debt Issuance | 193.5M | 115.5M | -6.3M | -5.3M | -3.7M |
| Net Other Financing Charges | 31.5M | -1.7M | -7.8M | -4.8M | -1.3M |
| Net Other Investing Changes | 200,000 | 1.1M | 800,000 | 34,000 | -8,000 |
| Operating Gains Losses | 91.8M | 32.3M | -1.6M | 2.3M | -8.2M |
| Pension And Employee Benefit Expense | -- | -90,000 | 1.5M | 968,000 | 0.00 |
| Proceeds From Stock Option Exercised | 7.2M | 4.0M | 2.5M | 1.6M | 4.7M |
| Sale Of PPE | 0.00 | 100,000 | 7.6M | 350,000 | 10.1M |
| Unrealized Gain Loss On Investment Securities | -800,000 | 1.8M | -- | -- | -- |