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 | 62.5M | 106.9M | 53.9M | 68.2M |
| Operating Revenue | 62.5M | 106.9M | 53.9M | 68.2M |
| Cost Of Revenue | 61.7M | 75.4M | 46.2M | 58.6M |
| Gross Profit | 823,000 | 31.6M | 7.6M | 9.6M |
| Selling General And Administration | 3.0M | 2.9M | 2.9M | 3.0M |
| General And Administrative Expense | 3.0M | 2.9M | 2.9M | 3.0M |
| Other Operating Expenses | 10.8M | 6.2M | 4.7M | 4.8M |
| Operating Expense | 13.5M | 13.0M | 12.4M | 10.8M |
| Operating Income | -12.7M | 18.5M | -4.7M | -1.2M |
| EBIT | -12.2M | 19.1M | 2.1M | 2.9M |
| Interest Expense | 515,000 | 5.3M | 5.1M | 5.5M |
| Interest Expense Non Operating | 515,000 | 5.3M | 5.1M | 5.5M |
| Interest Income | 1.3M | 1.2M | 480,000 | 367,000 |
| Interest Income Non Operating | 1.3M | 1.2M | 480,000 | 367,000 |
| Net Interest Income | 791,000 | -4.1M | -4.6M | -5.1M |
| Other Income Expense | -789,000 | -661,000 | 6.3M | 3.7M |
| Other Non Operating Income Expenses | 1.3M | 2.0M | 7.9M | 2.9M |
| Special Income Charges | -- | 0.00 | 314,000 | 4.0M |
| Gain On Sale Of Security | -2.1M | -2.6M | -1.8M | -3.2M |
| Pretax Income | -12.7M | 13.8M | -3.0M | -2.6M |
| Tax Provision | 68,000 | 43,000 | -2.2M | 125,000 |
| Tax Effect Of Unusual Items | -318,600 | -8,153 | -397,344 | 227,370 |
| Net Income From Continuing And Discontinued Operation | -12.8M | 13.8M | -938,000 | -1.1M |
| Net Income From Continuing Operation Net Minority Interest | -12.8M | 13.8M | -938,000 | -1.1M |
| Net Income Including Noncontrolling Interests | -12.8M | 13.7M | -794,000 | -2.7M |
| Minority Interests | 6,000 | 10,000 | -144,000 | 1.6M |
| Net Income Common Stockholders | -12.8M | 13.8M | -938,000 | -1.1M |
| Net Income | -12.8M | 13.8M | -938,000 | -1.1M |
| EBITDA | -7.5M | 25.3M | 6.4M | 10.0M |
| Normalized EBITDA | -5.4M | 27.9M | 7.9M | 9.1M |
| Reconciled Depreciation | 4.7M | 6.2M | 4.3M | 7.1M |
| Basic EPS | -0.06 | 0.08 | -0.01 | -0.01 |
| Diluted EPS | -0.06 | 0.08 | -0.01 | -0.01 |
| Basic Average Shares | 202.1M | 178.9M | 137.8M | 135.4M |
| Diluted Average Shares | 202.1M | 179.0M | 137.8M | 135.4M |
| Total Unusual Items | -2.1M | -2.6M | -1.5M | 858,000 |
| Total Unusual Items Excluding Goodwill | -2.1M | -2.6M | -1.5M | 858,000 |
| Tax Rate For Calcs | 0.15 | 0.00 | 0.26 | 0.27 |
| Normalized Income | -11.0M | 16.4M | 180,656 | -1.8M |
| Diluted NI Availto Com Stockholders | -12.8M | 13.8M | -938,000 | -1.1M |
| Gain On Sale Of Ppe | -- | 0.00 | 314,000 | 791,000 |
| Net Income Continuous Operations | -12.8M | 13.7M | -794,000 | -2.7M |
| Net Non Operating Interest Income Expense | 791,000 | -4.1M | -4.6M | -5.1M |
| Other Gand A | 3.0M | 2.9M | 2.9M | 3.0M |
| Other Special Charges | -- | -- | -- | -3.3M |
| Provision For Doubtful Accounts | -1.8M | 232,000 | 1.9M | -107,000 |
| Reconciled Cost Of Revenue | 61.7M | 75.4M | 46.2M | 58.6M |
| Total Expenses | 75.2M | 88.4M | 58.6M | 69.4M |
| Total Operating Income As Reported | -12.7M | 18.5M | -4.7M | -1.2M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 3.1M | 18.1M | 2.4M | 2.2M |
| Cash Cash Equivalents And Short Term Investments | 3.1M | 21.3M | 2.4M | 6.1M |
| Cash Equivalents | -- | -- | -- | 1.1M |
| Cash Financial | -- | -- | -- | 1.1M |
| Other Short Term Investments | 0.00 | 3.2M | 0.00 | 3.9M |
| Accounts Receivable | 22.2M | 26.2M | 22.6M | 19.2M |
| Receivables | 27.3M | 27.7M | 22.6M | 21.4M |
| Inventory | 9.7M | 4.5M | 8.9M | 1.8M |
| Current Assets | 40.1M | 53.5M | 34.0M | 31.0M |
| Gross PPE | 535.0M | 532.0M | 574.3M | 693.0M |
| Accumulated Depreciation | -424.3M | -431.3M | -462.1M | -568.8M |
| Net PPE | 110.8M | 100.8M | 112.2M | 124.2M |
| Other Non Current Assets | 6.8M | 6.5M | 7.0M | 7.5M |
| Total Non Current Assets | 117.6M | 107.2M | 119.2M | 131.8M |
| Total Assets | 157.7M | 160.8M | 153.2M | 162.8M |
| Current Debt | 2.5M | 930,000 | 2.9M | -- |
| Current Debt And Capital Lease Obligation | 2.5M | 1.4M | 4.7M | 1.4M |
| Accounts Payable | 8.9M | 5.7M | 5.2M | 10.1M |
| Payables | 61.6M | 58.7M | 54.0M | 10.1M |
| Payables And Accrued Expenses | 61.6M | 58.7M | 54.0M | 10.1M |
| Current Deferred Revenue | 14.6M | 9.0M | 13.1M | 4.4M |
| Other Current Liabilities | -- | -- | -- | 487,000 |
| Current Liabilities | 78.8M | 69.0M | 71.7M | 16.4M |
| Long Term Debt And Capital Lease Obligation | 41,000 | 63,000 | 435,000 | 2.2M |
| Long Term Capital Lease Obligation | 41,000 | 63,000 | 435,000 | 2.2M |
| Total Non Current Liabilities Net Minority Interest | 5.0M | 4.1M | 8.2M | 66.0M |
| Total Liabilities Net Minority Interest | 83.8M | 73.1M | 80.0M | 82.4M |
| Common Stock | 1.2B | 1.2B | 1.2B | 1.2B |
| Capital Stock | 1.2B | 1.2B | 1.2B | 1.2B |
| Additional Paid In Capital | 749,000 | 1.1M | 980,000 | 1.2M |
| Retained Earnings | -848.8M | -836.8M | -850.5M | -808.8M |
| Gains Losses Not Affecting Retained Earnings | -323.7M | -322.2M | -317.7M | -310.7M |
| Other Equity Adjustments | -323.7M | -322.2M | -317.7M | -310.7M |
| Common Stock Equity | 74.3M | 88.1M | 73.6M | 122.5M |
| Stockholders Equity | 74.3M | 88.1M | 73.6M | 122.5M |
| Total Equity Gross Minority Interest | 73.9M | 87.7M | 73.2M | 80.4M |
| Minority Interest | -414,000 | -418,000 | -437,000 | -42.1M |
| Total Capitalization | 74.3M | 88.1M | 73.6M | 122.5M |
| Net Tangible Assets | 74.3M | 88.1M | 73.6M | 122.5M |
| Tangible Book Value | 74.3M | 88.1M | 73.6M | 122.5M |
| Working Capital | -38.7M | -15.5M | -37.8M | 14.6M |
| Invested Capital | 76.8M | 89.0M | 76.6M | 122.5M |
| Total Debt | 2.6M | 1.5M | 5.1M | 3.7M |
| Net Debt | -- | -- | 493,000 | -- |
| Share Issued | 202.5M | 201.9M | 137.8M | 137.8M |
| Ordinary Shares Number | 202.5M | 201.9M | 137.8M | 137.8M |
| Assets Held For Sale Current | -- | -- | 0.00 | 1.7M |
| Capital Lease Obligations | 59,000 | 545,000 | 2.2M | 3.7M |
| Current Capital Lease Obligation | 18,000 | 482,000 | 1.7M | 1.4M |
| Current Deferred Liabilities | 14.6M | 9.0M | 13.1M | 4.4M |
| Finished Goods | 4.1M | 2.1M | -- | -- |
| Liabilities Heldfor Sale Non Current | -- | -- | -- | 0.00 |
| Line Of Credit | 2.5M | 930,000 | 2.9M | 0.00 |
| Long Term Provisions | 4.1M | 3.1M | 4.0M | 3.1M |
| Machinery Furniture Equipment | 245.4M | 234.5M | 255.7M | 353.2M |
| Non Current Deferred Liabilities | 836,000 | 872,000 | 3.8M | 60.7M |
| Non Current Deferred Revenue | -- | 0.00 | 2.8M | 57.3M |
| Non Current Deferred Taxes Liabilities | 836,000 | 872,000 | 971,000 | 3.4M |
| Other Payable | 52.7M | 52.9M | 48.8M | -- |
| Other Properties | 14.2M | 14.6M | 15.6M | 16.6M |
| Other Receivables | 4.0M | 1.2M | -376,000 | 1.4M |
| Raw Materials | 5.6M | 2.4M | -- | -- |
| Receivables Adjustments Allowances | -- | -- | -- | -281,000 |
| Taxes Receivable | 1.1M | 268,000 | 356,000 | 750,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -4.4M | 18.9M | -5.4M | 890,000 |
| Cash Flow From Continuing Operating Activities | -4.4M | 18.9M | -5.4M | 890,000 |
| Depreciation And Amortization | 4.7M | 6.2M | 4.3M | 7.1M |
| Depreciation Amortization Depletion | 4.7M | 6.2M | 4.3M | 7.1M |
| Stock Based Compensation | 391,000 | 127,000 | 256,000 | 228,000 |
| Deferred Tax | 68,000 | 43,000 | -2.3M | -32,000 |
| Deferred Income Tax | 68,000 | 43,000 | -2.3M | -32,000 |
| Change In Working Capital | 3.8M | -7.7M | -8.4M | -11.1M |
| Change In Receivables | 1.3M | -6.8M | -5.1M | -9.8M |
| Change In Inventory | -5.3M | 4.1M | -4.1M | 342,000 |
| Change In Payables And Accrued Expense | 1.5M | 678,000 | -4.4M | 2.5M |
| Change In Payable | 1.5M | 678,000 | -4.4M | 2.5M |
| Change In Other Working Capital | 6.3M | -5.6M | 5.1M | -4.2M |
| Other Non Cash Items | -791,000 | 4.1M | -1.9M | 5.1M |
| Capital Expenditure | -16.0M | -2.6M | -2.8M | -6.0M |
| Purchase Of PPE | -16.0M | -2.6M | -2.8M | -6.0M |
| Net PPE Purchase And Sale | -16.0M | -2.6M | -804,000 | -4.2M |
| Purchase Of Investment | 0.00 | -6.0M | -3.9M | -5.2M |
| Sale Of Investment | 3.1M | 2.8M | 7.8M | 1.2M |
| Net Investment Purchase And Sale | 3.1M | -3.2M | 3.9M | -4.0M |
| Investing Cash Flow | -12.1M | -5.2M | 3.3M | -8.1M |
| Cash Flow From Continuing Investing Activities | -12.1M | -5.2M | 3.3M | -8.1M |
| Issuance Of Debt | -- | 0.00 | 4.1M | 47,000 |
| Repayment Of Debt | -482,000 | -1.5M | -1.6M | -1.7M |
| Net Issuance Payments Of Debt | 1.2M | -3.4M | 2.5M | -1.7M |
| Issuance Of Capital Stock | 44,000 | 5.1M | 0.00 | 9.3M |
| Net Common Stock Issuance | 44,000 | 5.1M | 0.00 | 9.3M |
| Financing Cash Flow | 1.1M | 1.4M | 2.3M | 7.6M |
| Cash Flow From Continuing Financing Activities | 1.1M | 1.4M | 2.3M | 7.6M |
| Effect Of Exchange Rate Changes | 392,000 | 627,000 | 43,000 | 44,000 |
| Changes In Cash | -15.4M | 15.1M | 202,000 | 387,000 |
| Beginning Cash Position | 18.1M | 2.4M | 2.2M | 1.8M |
| End Cash Position | 3.1M | 18.1M | 2.4M | 2.2M |
| Free Cash Flow | -20.5M | 16.3M | -8.3M | -5.1M |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Stock Issuance | 44,000 | 5.1M | 0.00 | 9.3M |
| Depreciation | 4.7M | -- | -- | -- |
| Gain Loss On Sale Of PPE | -- | 0.00 | -315,000 | -791,000 |
| Interest Paid Cff | -128,000 | -287,000 | -159,000 | -30,000 |
| Interest Received Cfi | 1.4M | 1.1M | 491,000 | 363,000 |
| Long Term Debt Issuance | -- | -- | 2.9M | 0.00 |
| Long Term Debt Payments | -482,000 | -1.5M | -1.6M | -1.7M |
| Net Foreign Currency Exchange Gain Loss | 2.0M | 2.1M | 1.8M | 3.2M |
| Net Income From Continuing Operations | -12.8M | 13.7M | -794,000 | -2.7M |
| Net Long Term Debt Issuance | -482,000 | -1.5M | 1.3M | -1.7M |
| Net Other Investing Changes | -557,000 | -484,000 | -268,000 | -278,000 |
| Net Short Term Debt Issuance | 1.7M | -1.9M | 1.2M | 47,000 |
| Operating Gains Losses | 2.0M | 2.1M | 1.5M | 2.4M |
| Provisionand Write Offof Assets | -1.8M | 232,000 | 1.9M | -107,000 |
| Sale Of PPE | -- | 0.00 | 2.0M | 1.8M |
| Short Term Debt Issuance | -- | 0.00 | 1.2M | 47,000 |
| Taxes Refund Paid | -75,000 | 0.00 | -- | -157,000 |