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 | 2.3M | 1.6M | 1.7M | 2.0M |
| Operating Revenue | 2.3M | 1.6M | 1.7M | 2.0M |
| Cost Of Revenue | 1.3M | 936,000 | 684,000 | 789,000 |
| Gross Profit | 1.0M | 662,000 | 983,000 | 1.2M |
| Selling General And Administration | 11.6M | 11.0M | 8.4M | 6.8M |
| General And Administrative Expense | 11.6M | 11.0M | 8.4M | 6.8M |
| Depreciation And Amortization In Income Statement | 251,000 | 210,000 | 225,000 | 246,000 |
| Other Operating Expenses | 1.1M | 878,000 | 814,000 | 797,000 |
| Operating Expense | 13.0M | 12.1M | 9.4M | 7.9M |
| Operating Income | -12.0M | -11.4M | -8.4M | -6.7M |
| EBIT | -12.2M | -14.2M | -7.5M | -6.7M |
| Interest Expense | 3.2M | 1.3M | 176,000 | 28,000 |
| Interest Expense Non Operating | 3.2M | 1.3M | 176,000 | 28,000 |
| Net Interest Income | -3.2M | -1.3M | -176,000 | -28,000 |
| Other Income Expense | -221,000 | -2.8M | 995,000 | -12,000 |
| Other Non Operating Income Expenses | -744,000 | -315,000 | -290,000 | -92,000 |
| Special Income Charges | 0.00 | -600,000 | 0.00 | 131,000 |
| Write Off | 0.00 | 600,000 | 0.00 | -162,000 |
| Gain On Sale Of Security | 523,000 | -1.4M | 287,000 | -51,000 |
| Earnings From Equity Interest | 0.00 | -398,000 | 998,000 | 0.00 |
| Pretax Income | -15.4M | -15.5M | -7.6M | -6.7M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -15.4M | -15.7M | -11.3M | -8.8M |
| Net Income From Continuing Operation Net Minority Interest | -15.4M | -15.5M | -7.6M | -8.8M |
| Net Income Including Noncontrolling Interests | -15.4M | -15.7M | -11.3M | -6.7M |
| Net Income Common Stockholders | -15.4M | -15.7M | -11.3M | -8.8M |
| Net Income | -15.4M | -15.7M | -11.3M | -8.8M |
| EBITDA | -12.0M | -14.0M | -7.2M | -6.4M |
| Normalized EBITDA | -12.5M | -11.9M | -7.5M | -6.5M |
| Reconciled Depreciation | 251,000 | 218,000 | 272,000 | 294,000 |
| Basic EPS | -0.05 | -0.06 | -0.04 | -0.03 |
| Diluted EPS | -0.05 | -0.06 | -0.04 | -0.03 |
| Basic Average Shares | 281.1M | 278.6M | 269.8M | 252.5M |
| Diluted Average Shares | 281.1M | 278.6M | 269.8M | 252.5M |
| Total Unusual Items | 523,000 | -2.0M | 287,000 | 80,000 |
| Total Unusual Items Excluding Goodwill | 523,000 | -2.0M | 287,000 | 80,000 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -15.9M | -13.5M | -7.9M | -8.9M |
| Depreciation Amortization Depletion Income Statement | 251,000 | 210,000 | 225,000 | 246,000 |
| Diluted NI Availto Com Stockholders | -15.4M | -15.7M | -11.3M | -8.8M |
| Gain On Sale Of Ppe | -- | -- | 0.00 | -31,000 |
| Impairment Of Capital Assets | -- | -- | 0.00 | -162,000 |
| Insurance And Claims | 420,000 | 411,000 | 477,000 | 389,000 |
| Net Income Continuous Operations | -15.4M | -15.5M | -7.6M | -6.7M |
| Net Income Discontinuous Operations | -7,000 | -155,000 | -3.7M | -- |
| Net Non Operating Interest Income Expense | -3.2M | -1.3M | -176,000 | -28,000 |
| Other Gand A | 5.4M | 5.2M | 3.0M | 2.2M |
| Reconciled Cost Of Revenue | 1.3M | 928,000 | 637,000 | 741,000 |
| Salaries And Wages | 5.8M | 5.3M | 5.0M | 4.3M |
| Total Expenses | 14.3M | 13.0M | 10.1M | 8.7M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 3.0M | 3.0M | 8.4M | 8.9M |
| Cash Cash Equivalents And Short Term Investments | 3.0M | 3.0M | 8.4M | 8.9M |
| Cash Equivalents | -- | -- | -- | 7.9M |
| Cash Financial | 3.0M | 3.0M | 8.4M | 8.9M |
| Accounts Receivable | 300,000 | 51,000 | 1.1M | 26,000 |
| Receivables | 451,000 | 186,000 | 1.1M | 205,000 |
| Inventory | 229,000 | 366,000 | 340,000 | 293,000 |
| Prepaid Assets | 790,000 | 621,000 | 276,000 | 875,000 |
| Other Current Assets | -- | -- | 276,000 | -- |
| Current Assets | 4.5M | 4.1M | 10.1M | 10.3M |
| Gross PPE | 4.3M | 4.2M | 701,000 | 4.2M |
| Accumulated Depreciation | -3.6M | -3.3M | -3.1M | -3.2M |
| Net PPE | 687,000 | 893,000 | 701,000 | 1.1M |
| Goodwill And Other Intangible Assets | 175,000 | 193,000 | 211,000 | 228,000 |
| Other Intangible Assets | 175,000 | 193,000 | 211,000 | 228,000 |
| Investments And Advances | 0.00 | 0.00 | 998,000 | 0.00 |
| Long Term Equity Investment | 0.00 | 0.00 | 998,000 | 0.00 |
| Total Non Current Assets | 862,000 | 1.1M | 1.9M | 1.3M |
| Total Assets | 5.3M | 5.2M | 12.0M | 11.6M |
| Current Debt | 14.4M | 7.9M | 3.6M | -- |
| Current Debt And Capital Lease Obligation | 14.6M | 8.1M | 3.7M | 92,000 |
| Accounts Payable | 990,000 | 1.6M | 3.1M | 444,000 |
| Payables | 1.2M | 1.9M | 3.1M | 920,000 |
| Payables And Accrued Expenses | 2.8M | 2.8M | 3.1M | 1.5M |
| Current Accrued Expenses | 1.5M | 884,000 | 1.1M | 602,000 |
| Current Deferred Revenue | 380,000 | 727,000 | 696,000 | 689,000 |
| Other Current Liabilities | 9.7M | 6.3M | 2.7M | -- |
| Current Liabilities | 27.4M | 17.9M | 10.1M | 2.3M |
| Long Term Debt | -- | 7.7M | 3.5M | -- |
| Long Term Debt And Capital Lease Obligation | 371,000 | 500,000 | 420,000 | 490,000 |
| Long Term Capital Lease Obligation | 371,000 | 500,000 | 420,000 | 490,000 |
| Total Non Current Liabilities Net Minority Interest | 5.4M | 3.8M | 4.4M | 5.2M |
| Total Liabilities Net Minority Interest | 32.9M | 21.8M | 14.6M | 7.5M |
| Common Stock | 90.6M | 87.1M | 87.0M | 84.4M |
| Capital Stock | 90.6M | 87.1M | 87.0M | 84.4M |
| Additional Paid In Capital | 10.1M | 8.9M | 8.8M | 8.0M |
| Retained Earnings | -140.8M | -125.4M | -109.8M | -98.5M |
| Common Stock Equity | -27.5M | -16.5M | -2.6M | 4.1M |
| Stockholders Equity | -27.5M | -16.5M | -2.6M | 4.1M |
| Total Equity Gross Minority Interest | -27.5M | -16.5M | -2.6M | 4.1M |
| Total Capitalization | -27.5M | -16.5M | -2.6M | 4.1M |
| Net Tangible Assets | -27.7M | -16.7M | -2.8M | 3.9M |
| Tangible Book Value | -27.7M | -16.7M | -2.8M | 3.9M |
| Working Capital | -23.0M | -13.8M | -33,000 | 8.0M |
| Invested Capital | -13.1M | -8.6M | 1.0M | 4.1M |
| Total Debt | 14.9M | 8.6M | 4.1M | 582,000 |
| Net Debt | 11.4M | 5.0M | -- | -- |
| Share Issued | 284.3M | 278.6M | 278.5M | 267.9M |
| Ordinary Shares Number | 284.3M | 278.6M | 278.5M | 267.9M |
| Allowance For Doubtful Accounts Receivable | 0.00 | 0.00 | -- | -- |
| Capital Lease Obligations | 500,000 | 621,000 | 516,000 | 582,000 |
| Current Capital Lease Obligation | 129,000 | 121,000 | 96,000 | 92,000 |
| Current Deferred Liabilities | 380,000 | 727,000 | 696,000 | 689,000 |
| Current Notes Payable | 14.4M | 7.9M | 3.6M | -- |
| Finished Goods | 105,000 | 231,000 | 228,000 | 198,000 |
| Gross Accounts Receivable | 300,000 | 51,000 | -- | -- |
| Investmentsin Associatesat Cost | 0.00 | 0.00 | 998,000 | 0.00 |
| Leases | 392,000 | 392,000 | 339,000 | 329,000 |
| Machinery Furniture Equipment | 1.8M | 1.8M | 756,000 | 746,000 |
| Non Current Deferred Liabilities | 5.0M | 3.3M | 4.0M | 4.7M |
| Non Current Deferred Revenue | 5.0M | 3.3M | 4.0M | 4.7M |
| Other Current Borrowings | -- | 264,000 | 79,000 | -- |
| Other Equity Interest | 12.6M | 12.9M | 11.4M | 10.2M |
| Other Payable | 257,000 | 340,000 | 287,000 | 476,000 |
| Other Properties | 2.0M | 2.0M | 701,000 | 3.2M |
| Other Receivables | 134,000 | -- | -3,000 | 108,000 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 118,000 | 126,000 | 111,000 | 92,000 |
| Taxes Receivable | 17,000 | 135,000 | 195,000 | 71,000 |
| Work In Process | 6,000 | 9,000 | 1,000 | 3,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -8.8M | -10.7M | -9.9M | -8.7M |
| Cash Flow From Continuing Operating Activities | -8.8M | -10.7M | -9.9M | -8.7M |
| Depreciation And Amortization | 251,000 | 218,000 | 272,000 | 294,000 |
| Depreciation Amortization Depletion | 251,000 | 218,000 | 272,000 | 294,000 |
| Stock Based Compensation | 1.7M | 1.5M | 1.2M | 1.3M |
| Change In Working Capital | 1.0M | -406,000 | 579,000 | -1.8M |
| Changes In Account Receivables | -- | -- | -- | 55,000 |
| Change In Receivables | -265,000 | 870,000 | -851,000 | 55,000 |
| Change In Inventory | 137,000 | -26,000 | -47,000 | -51,000 |
| Change In Payables And Accrued Expense | -51,000 | -267,000 | 1.6M | -619,000 |
| Change In Payable | -51,000 | -267,000 | 1.6M | -619,000 |
| Change In Other Working Capital | 1.4M | -638,000 | -661,000 | -656,000 |
| Change In Other Current Assets | -- | 0.00 | -26,000 | 0.00 |
| Other Non Cash Items | 4.0M | 1.3M | 500,000 | 28,000 |
| Capital Expenditure | -27,000 | -185,000 | -33,000 | -483,000 |
| Purchase Of PPE | -27,000 | -185,000 | -33,000 | -483,000 |
| Net PPE Purchase And Sale | -27,000 | -185,000 | -33,000 | -325,000 |
| Investing Cash Flow | -27,000 | -185,000 | -33,000 | -325,000 |
| Cash Flow From Continuing Investing Activities | -27,000 | -185,000 | -33,000 | -325,000 |
| Issuance Of Debt | 9.9M | 4.1M | 3.8M | 0.00 |
| Repayment Of Debt | -153,000 | -127,000 | -91,000 | -113,000 |
| Net Issuance Payments Of Debt | 9.7M | 3.9M | 3.7M | -113,000 |
| Issuance Of Capital Stock | -- | 0.00 | 4.0M | 10.0M |
| Net Common Stock Issuance | -- | 0.00 | 4.0M | 10.0M |
| Financing Cash Flow | 8.9M | 5.4M | 9.5M | 12.2M |
| Cash Flow From Continuing Financing Activities | 8.9M | 5.4M | 9.5M | 12.2M |
| Effect Of Exchange Rate Changes | -- | -- | 0.00 | -56,000 |
| Changes In Cash | 36,000 | -5.5M | -476,000 | 3.1M |
| Beginning Cash Position | 3.0M | 8.4M | 8.9M | 5.8M |
| End Cash Position | 3.0M | 3.0M | 8.4M | 8.9M |
| Free Cash Flow | -8.8M | -10.9M | -9.9M | -9.2M |
| Amortization Cash Flow | 18,000 | 18,000 | 17,000 | 18,000 |
| Amortization Of Intangibles | 18,000 | 18,000 | 17,000 | 18,000 |
| Asset Impairment Charge | 0.00 | 600,000 | 0.00 | 287,000 |
| Cash Dividends Paid | 0.00 | 0.00 | -- | -- |
| Change In Prepaid Assets | -169,000 | -345,000 | 599,000 | -486,000 |
| Common Stock Issuance | -- | 0.00 | 4.0M | 10.0M |
| Depreciation | 233,000 | 200,000 | 255,000 | 276,000 |
| Gain Loss On Investment Securities | -2.5M | 1.6M | -326,000 | -- |
| Gain Loss On Sale Of Business | 0.00 | 398,000 | -998,000 | 0.00 |
| Gain Loss On Sale Of PPE | -- | 0.00 | 167,000 | -83,000 |
| Interest Paid Cff | -1.2M | 0.00 | -- | -- |
| Long Term Debt Issuance | 9.9M | 4.1M | 3.8M | 0.00 |
| Long Term Debt Payments | -153,000 | -127,000 | -91,000 | -113,000 |
| Net Foreign Currency Exchange Gain Loss | 2.1M | -228,000 | -10,000 | 56,000 |
| Net Income From Continuing Operations | -15.4M | -15.7M | -11.3M | -8.8M |
| Net Long Term Debt Issuance | 9.7M | 3.9M | 3.7M | -113,000 |
| Net Other Financing Charges | -766,000 | 1.5M | 1.6M | -1.1M |
| Operating Gains Losses | -354,000 | 1.7M | -1.2M | -27,000 |
| Proceeds From Stock Option Exercised | 1.2M | 0.00 | 88,000 | 3.4M |
| Sale Of PPE | -- | -- | 0.00 | 158,000 |