Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Sep 30, 2021 |
|---|---|---|---|---|
| Total Revenue | 751,869 | 9.8M | -- | 7.2M |
| Operating Revenue | 751,869 | 9.8M | -- | 7.2M |
| Cost Of Revenue | 969,941 | 11.9M | -- | 6.7M |
| Gross Profit | -218,072 | -2.2M | -- | 469,458 |
| Selling General And Administration | 3.0M | 5.8M | -- | 5.5M |
| General And Administrative Expense | 2.5M | 4.3M | -- | 3.5M |
| Research And Development | 1.6M | 4.6M | -- | 2.0M |
| Depreciation And Amortization In Income Statement | 565,965 | 665,337 | -- | -- |
| Other Operating Expenses | 954,490 | 1.1M | -- | 1.2M |
| Operating Expense | 4.7M | 22.1M | -- | 8.7M |
| Operating Income | -4.9M | -24.3M | -- | -8.2M |
| EBIT | -8.1M | -24.9M | -- | -9.2M |
| Interest Expense | 7.3M | 7.5M | -- | 1.2M |
| Interest Expense Non Operating | 7.3M | 7.5M | -- | 1.2M |
| Interest Income | 5,705 | 122,799 | -- | -- |
| Interest Income Non Operating | 5,705 | 122,799 | -- | -- |
| Net Interest Income | -7.3M | -7.4M | -- | -2.0M |
| Other Income Expense | -3.2M | -754,424 | -- | -116,645 |
| Other Non Operating Income Expenses | -247,276 | 277,821 | -- | 12,051 |
| Special Income Charges | -1.6M | -307,454 | -- | -75,706 |
| Restructuring And Mergern Acquisition | 0.00 | 112,440 | -- | 75,706 |
| Write Off | 1.6M | 0.00 | -- | -- |
| Gain On Sale Of Security | -1.4M | -724,791 | -- | -52,990 |
| Pretax Income | -15.4M | -32.4M | -- | -10.4M |
| Tax Provision | 0.00 | 0.00 | -- | 0.00 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | -- | 0.00 |
| Net Income From Continuing And Discontinued Operation | -17.9M | -35.6M | -- | -10.4M |
| Net Income From Continuing Operation Net Minority Interest | -15.4M | -32.4M | -- | -10.4M |
| Net Income Including Noncontrolling Interests | -17.9M | -35.6M | -- | -10.4M |
| Net Income Common Stockholders | -17.9M | -35.6M | -- | -10.4M |
| Net Income | -17.9M | -35.6M | -- | -10.4M |
| EBITDA | -7.5M | -24.2M | -- | -8.9M |
| Normalized EBITDA | -4.6M | -23.2M | -- | -8.8M |
| Reconciled Depreciation | 565,965 | 665,337 | -- | 322,962 |
| Basic EPS | -0.33 | -0.65 | -- | -0.30 |
| Diluted EPS | -0.33 | -0.65 | -- | -0.30 |
| Basic Average Shares | 54.7M | 55.0M | -- | 29.9M |
| Diluted Average Shares | 54.7M | 55.0M | -- | 29.9M |
| Total Unusual Items | -3.0M | -1.0M | -- | -128,696 |
| Total Unusual Items Excluding Goodwill | -3.0M | -1.0M | -- | -128,696 |
| Tax Rate For Calcs | 0.00 | 0.00 | -- | 0.00 |
| Normalized Income | -12.4M | -31.4M | -- | -10.3M |
| Amortization | 565,965 | 665,337 | -- | -- |
| Amortization Of Intangibles Income Statement | 565,965 | 665,337 | -- | -- |
| Depreciation Amortization Depletion Income Statement | 565,965 | 665,337 | -- | -- |
| Diluted NI Availto Com Stockholders | -17.9M | -35.6M | -- | -10.4M |
| Gain On Sale Of Ppe | 0.00 | -33,543 | -- | -- |
| Impairment Of Capital Assets | 0.00 | 36,796 | -- | -- |
| Net Income Continuous Operations | -15.4M | -32.4M | -- | -10.4M |
| Net Income Discontinuous Operations | -2.5M | -3.2M | -- | -- |
| Net Non Operating Interest Income Expense | -7.3M | -7.4M | -- | -2.0M |
| Other Gand A | 2.2M | 3.4M | -- | 3.5M |
| Other Special Charges | -- | 124,675 | -- | -- |
| Provision For Doubtful Accounts | -1.4M | 10.0M | -- | -- |
| Reconciled Cost Of Revenue | 969,941 | 11.9M | -- | 6.7M |
| Salaries And Wages | 299,428 | 849,573 | -- | -- |
| Selling And Marketing Expense | 461,039 | 1.5M | -- | 2.1M |
| Total Expenses | 5.6M | 34.1M | -- | 15.4M |
| Total Operating Income As Reported | -6.3M | -14.3M | -- | -8.2M |
| Total Other Finance Cost | -- | -- | -- | 874,192 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Sep 30, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 307,453 | 814,003 | 15.0M | 4.6M |
| Cash Cash Equivalents And Short Term Investments | 307,453 | 814,003 | 15.0M | 4.6M |
| Cash Financial | 307,453 | 814,003 | 15.0M | 4.6M |
| Accounts Receivable | 8.1M | 20.0M | 16.1M | 2.4M |
| Receivables | 6,631 | 7.0M | 13.5M | 2.5M |
| Inventory | 6.9M | 8.5M | 7.0M | 5.9M |
| Prepaid Assets | 601,609 | 2.8M | 9.2M | 930,463 |
| Current Assets | 7.8M | 19.0M | 44.8M | 13.9M |
| Gross PPE | 3.2M | 4.2M | 4.8M | 2.9M |
| Accumulated Depreciation | -1.8M | -2.2M | -2.3M | -2.1M |
| Net PPE | 1.4M | 2.0M | 2.5M | 815,715 |
| Goodwill And Other Intangible Assets | 270,831 | 370,496 | 118,517 | 158,023 |
| Other Intangible Assets | 270,831 | 370,496 | 118,517 | -- |
| Total Non Current Assets | 1.7M | 2.4M | 2.6M | 973,738 |
| Total Assets | 9.5M | 21.5M | 47.4M | 14.9M |
| Current Debt | 37.1M | 8.2M | 3.6M | 283,239 |
| Current Debt And Capital Lease Obligation | 37.3M | 8.4M | 3.8M | 466,921 |
| Payables And Accrued Expenses | 7.3M | 6.9M | 4.2M | 3.1M |
| Current Deferred Revenue | 720,000 | 275,308 | 28,284 | 95,446 |
| Other Current Liabilities | 3.8M | 2.9M | 2.5M | 7.1M |
| Current Liabilities | 49.8M | 19.1M | 11.1M | 11.2M |
| Long Term Debt | 1.6M | 26.7M | 31.8M | -- |
| Long Term Debt And Capital Lease Obligation | 2.1M | 27.5M | 32.7M | 188,825 |
| Long Term Capital Lease Obligation | 525,918 | 742,052 | 882,606 | 188,825 |
| Total Non Current Liabilities Net Minority Interest | 2.1M | 27.5M | 32.7M | 188,825 |
| Total Liabilities Net Minority Interest | 52.0M | 46.6M | 43.8M | 11.4M |
| Common Stock | 92.2M | 92.1M | 85.2M | 75.3M |
| Capital Stock | 92.2M | 92.1M | 85.2M | 75.9M |
| Additional Paid In Capital | 15.6M | 15.3M | 13.7M | 12.3M |
| Retained Earnings | -157.6M | -139.7M | -104.1M | -87.3M |
| Gains Losses Not Affecting Retained Earnings | -28,807 | -224,127 | -143,392 | -244,358 |
| Common Stock Equity | -42.5M | -25.1M | 3.6M | 2.9M |
| Stockholders Equity | -42.5M | -25.1M | 3.6M | 3.5M |
| Total Equity Gross Minority Interest | -42.5M | -25.1M | 3.6M | 3.5M |
| Total Capitalization | -40.9M | 1.6M | 35.4M | 3.5M |
| Net Tangible Assets | -42.8M | -25.5M | 3.5M | 3.3M |
| Tangible Book Value | -42.8M | -25.5M | 3.5M | 2.8M |
| Working Capital | -42.0M | -63,851 | 33.7M | 2.7M |
| Invested Capital | -3.7M | 9.8M | 39.0M | 3.2M |
| Total Debt | 39.4M | 35.9M | 36.5M | 655,746 |
| Net Debt | 38.4M | 34.1M | 20.3M | -- |
| Share Issued | 45.2M | 44.9M | 40.3M | 36.8M |
| Ordinary Shares Number | 45.2M | 44.9M | 40.3M | 36.8M |
| Assets Held For Sale Current | 17,608 | 0.00 | -- | -- |
| Capital Lease Obligations | 667,521 | 943,761 | 1.1M | 372,507 |
| Current Capital Lease Obligation | 141,603 | 201,709 | 257,944 | 183,682 |
| Current Deferred Liabilities | 720,000 | 275,308 | 28,284 | 95,446 |
| Current Provisions | 781,585 | 667,559 | 578,859 | 460,153 |
| Foreign Currency Translation Adjustments | -28,807 | -224,127 | -143,392 | -244,358 |
| Leases | 460,964 | 471,667 | 594,175 | -- |
| Other Current Borrowings | 37.1M | 8.2M | 3.6M | 283,239 |
| Other Equity Interest | 7.4M | 7.4M | 9.0M | 2.9M |
| Other Inventories | 274,327 | 1.3M | 1.1M | 485,616 |
| Other Properties | 2.7M | 3.7M | 4.2M | 2.9M |
| Preferred Shares Number | -- | -- | 1.00 | -- |
| Preferred Stock | -- | 0.00 | 1.00 | 567,155 |
| Preferred Stock Equity | -- | -- | 1.00 | 567,155 |
| Receivables Adjustments Allowances | -8.1M | -13.1M | -3.1M | 0.00 |
| Taxes Receivable | 0.00 | 47,834 | 549,112 | 136,263 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Sep 30, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 1.6M | -11.8M | -- | -14.8M |
| Cash Flow From Continuing Operating Activities | 1.6M | -11.8M | -- | -14.8M |
| Depreciation And Amortization | 565,965 | 665,337 | -- | 322,962 |
| Depreciation Amortization Depletion | 565,965 | 665,337 | -- | 322,962 |
| Stock Based Compensation | 299,428 | 849,573 | -- | 1.5M |
| Deferred Tax | -- | 0.00 | -- | 0.00 |
| Deferred Income Tax | -- | 0.00 | -- | 0.00 |
| Change In Working Capital | 6.5M | -1.5M | -- | -8.4M |
| Changes In Account Receivables | 7.6M | -4.2M | -- | -1.9M |
| Change In Receivables | 7.6M | -4.2M | -- | -1.9M |
| Change In Inventory | -196,536 | -2.6M | -- | -4.4M |
| Change In Payables And Accrued Expense | -2.2M | -1.1M | -- | -1.0M |
| Change In Other Working Capital | 720,000 | -21,371 | -- | -496,408 |
| Other Non Cash Items | 9.4M | 7.5M | -- | 2.1M |
| Capital Expenditure | -- | -585,662 | -- | -351,078 |
| Purchase Of PPE | 0.00 | -585,662 | -- | -193,055 |
| Net PPE Purchase And Sale | 0.00 | -585,662 | -- | -193,055 |
| Investing Cash Flow | 0.00 | -585,662 | -- | -351,078 |
| Cash Flow From Continuing Investing Activities | 0.00 | -585,662 | -- | -351,078 |
| Issuance Of Debt | 220,516 | 0.00 | -- | 0.00 |
| Repayment Of Debt | -2.1M | -5.5M | -- | -1.6M |
| Net Issuance Payments Of Debt | -1.9M | -5.5M | -- | -1.6M |
| Issuance Of Capital Stock | 0.00 | 3.8M | -- | 2.3M |
| Net Common Stock Issuance | 0.00 | 3.8M | -- | 2.3M |
| Financing Cash Flow | -1.9M | -1.8M | -- | 19.4M |
| Cash Flow From Continuing Financing Activities | -1.9M | -1.8M | -- | 19.4M |
| Effect Of Exchange Rate Changes | 53,232 | 2,448 | -- | -91,592 |
| Changes In Cash | -542,174 | -14.2M | -- | 4.2M |
| Beginning Cash Position | 814,003 | 15.0M | -- | 527,702 |
| End Cash Position | 325,061 | 814,003 | -- | 4.6M |
| Free Cash Flow | 1.6M | -12.3M | -- | -15.2M |
| Amortization Cash Flow | 99,665 | 665,337 | -- | -- |
| Amortization Of Intangibles | 99,665 | 665,337 | -- | -- |
| Asset Impairment Charge | 107,679 | 2.2M | -- | 19,896 |
| Capital Expenditure Reported | -- | -598,407 | -- | -193,055 |
| Cash Dividends Paid | -- | 0.00 | -- | 0.00 |
| Cash From Discontinued Financing Activities | -142,905 | -174,928 | -- | -- |
| Cash From Discontinued Investing Activities | 0.00 | -12,745 | -- | -- |
| Cash From Discontinued Operating Activities | -55,052 | 80,693 | -- | -- |
| Change In Prepaid Assets | 668,083 | 6.4M | -- | -704,277 |
| Common Stock Issuance | 0.00 | 3.8M | -- | 2.3M |
| Depreciation | 466,300 | 714,482 | -- | 322,962 |
| Gain Loss On Investment Securities | 882,863 | 422,817 | -- | 118,950 |
| Gain Loss On Sale Of PPE | -- | 33,543 | -- | -- |
| Long Term Debt Issuance | -- | 0.00 | -- | 0.00 |
| Long Term Debt Payments | -1.9M | -5.5M | -- | -1.6M |
| Net Foreign Currency Exchange Gain Loss | 512,452 | 301,974 | -- | -65,960 |
| Net Income From Continuing Operations | -15.4M | -32.4M | -- | -10.4M |
| Net Intangibles Purchase And Sale | -- | -- | -- | -158,023 |
| Net Long Term Debt Issuance | -1.9M | -5.5M | -- | -1.6M |
| Net Other Financing Charges | 142,905 | 150,909 | -- | -866,615 |
| Net Other Investing Changes | -- | 12,745 | -- | -- |
| Net Short Term Debt Issuance | -13,368 | 0.00 | -- | -- |
| Operating Gains Losses | 1.4M | 724,791 | -- | 52,990 |
| Preferred Stock Dividend Paid | -- | 0.00 | -- | 0.00 |
| Proceeds From Stock Option Exercised | -- | 0.00 | -- | 19.6M |
| Provisionand Write Offof Assets | -1.3M | 10.1M | -- | -47,776 |
| Purchase Of Intangibles | -- | -- | -- | -158,023 |
| Short Term Debt Issuance | 220,516 | 0.00 | -- | -- |
| Short Term Debt Payments | -233,884 | 0.00 | -- | -- |