Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|---|
| Total Revenue | 15.6M | 20.3M | 17.1M | 15.0M | 11.2M | -- | -- |
| Operating Revenue | 15.6M | 20.5M | 17.1M | 14.6M | 11.1M | -- | -- |
| Cost Of Revenue | 10.4M | 14.1M | 11.9M | 10.3M | 7.8M | -- | -- |
| Gross Profit | 5.1M | 6.1M | 5.3M | 4.7M | 3.4M | -- | -- |
| Selling General And Administration | 2.3M | 2.3M | 1.8M | 1.9M | 2.4M | -- | -- |
| General And Administrative Expense | 1.6M | 1.3M | 1.2M | 1.4M | 1.6M | -- | -- |
| Research And Development | 1.2M | 1.2M | 1.2M | 1.1M | 984,000 | -- | -- |
| Depreciation And Amortization In Income Statement | 414,000 | 494,000 | 388,000 | 328,000 | 317,000 | -- | -- |
| Other Operating Expenses | -187,000 | -254,000 | -1,000 | -19,000 | -65,000 | -- | -- |
| Operating Expense | 3.7M | 3.7M | 3.3M | 3.3M | 3.6M | -- | -- |
| Operating Income | 1.4M | 2.4M | 2.0M | 1.4M | -190,000 | -- | -- |
| EBIT | 1.4M | 820,000 | 1.4M | 1.5M | 265,000 | -- | -- |
| Interest Expense | 483,000 | 825,000 | 452,000 | 642,000 | 685,000 | -- | -- |
| Interest Expense Non Operating | 483,000 | 825,000 | 452,000 | 642,000 | 685,000 | -- | -- |
| Interest Income | -- | -- | -- | -- | -- | -- | 130,000 |
| Interest Income Non Operating | -- | -- | -- | -- | -- | -- | 130,000 |
| Net Interest Income | -483,000 | -926,000 | -453,000 | -691,000 | -685,000 | -- | -- |
| Other Income Expense | 51,000 | -1.5M | -602,000 | 123,000 | 455,000 | -- | -- |
| Gain On Sale Of Security | 51,000 | -1.5M | -602,000 | 123,000 | 455,000 | -- | -- |
| Pretax Income | 939,000 | -5,000 | 907,000 | 828,000 | -420,000 | -- | -- |
| Tax Provision | -99,000 | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Tax Effect Of Unusual Items | 7,650 | 0.00 | -90,300 | 18,450 | 0.00 | -- | -- |
| Net Income From Continuing And Discontinued Operation | 1.0M | 2.0M | 907,000 | 828,000 | -420,000 | -- | -- |
| Net Income From Continuing Operation Net Minority Interest | 1.0M | 2.0M | 907,000 | 828,000 | -420,000 | -- | -- |
| Net Income Including Noncontrolling Interests | 1.0M | 2.0M | 907,000 | 828,000 | -420,000 | -- | -- |
| Net Income Common Stockholders | 1.0M | 2.0M | 907,000 | 828,000 | -420,000 | -- | -- |
| Net Income | 1.0M | 2.0M | 907,000 | 828,000 | -420,000 | -- | -- |
| EBITDA | 1.8M | 1.3M | 1.7M | 1.8M | 582,000 | -- | -- |
| Normalized EBITDA | 1.8M | 2.8M | 2.3M | 1.7M | 127,000 | -- | -- |
| Reconciled Depreciation | 414,000 | 421,000 | 388,000 | 328,000 | 317,000 | -- | -- |
| Basic EPS | 0.02 | -- | 0.02 | 0.02 | -0.01 | -- | -0.01 |
| Diluted EPS | 0.02 | -- | 0.02 | 0.02 | -0.01 | -- | -0.01 |
| Basic Average Shares | 42.6M | -- | 40.1M | 40.1M | 35.0M | -- | 34.1M |
| Diluted Average Shares | 45.7M | -- | 40.1M | 40.1M | 35.0M | -- | 34.1M |
| Total Unusual Items | 51,000 | -1.5M | -602,000 | 123,000 | 455,000 | -- | -- |
| Total Unusual Items Excluding Goodwill | 51,000 | -1.5M | -602,000 | 123,000 | 455,000 | -- | -- |
| Tax Rate For Calcs | 0.15 | 0.00 | 0.15 | 0.15 | 0.00 | -- | -- |
| Normalized Income | 994,650 | 3.5M | 1.4M | 723,450 | -875,000 | -- | -- |
| Depreciation Amortization Depletion Income Statement | 414,000 | 494,000 | 388,000 | 328,000 | 317,000 | -- | -- |
| Depreciation Income Statement | -- | -- | 388,000 | 328,000 | -- | -- | 358,000 |
| Diluted NI Availto Com Stockholders | 1.0M | 2.0M | 907,000 | 828,000 | -420,000 | -- | -- |
| Net Income Continuous Operations | 1.0M | 2.0M | 907,000 | 828,000 | -420,000 | -- | -- |
| Net Non Operating Interest Income Expense | -483,000 | -926,000 | -453,000 | -691,000 | -685,000 | -- | -- |
| Other Gand A | 1.4M | 772,000 | 634,000 | 1.1M | 1.2M | -- | -- |
| Reconciled Cost Of Revenue | 10.4M | 14.2M | 11.9M | 10.3M | 7.8M | -- | -- |
| Salaries And Wages | 195,000 | 510,000 | 543,000 | 288,000 | 415,000 | -- | -- |
| Selling And Marketing Expense | 734,000 | 1.1M | 582,000 | 504,000 | 780,000 | -- | -- |
| Total Expenses | 14.2M | 17.9M | 15.2M | 13.6M | 11.4M | -- | -- |
| Total Operating Income As Reported | 1.4M | 2.4M | 2.0M | 1.4M | -190,000 | -- | -- |
| Total Other Finance Cost | -- | 101,000 | 1,000 | 49,000 | -- | -38,000 | 120,000 |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 22.7M | 6.4M | 1.3M | 283,000 | 8.2M | -- | -- |
| Cash Cash Equivalents And Short Term Investments | 22.7M | 6.4M | 1.3M | 283,000 | 8.2M | -- | -- |
| Accounts Receivable | 12.6M | 13.7M | 17.2M | 16.9M | 10.4M | -- | -- |
| Receivables | 14.0M | 16.5M | 19.1M | 18.1M | 11.1M | -- | -- |
| Inventory | 13.8M | 12.5M | 12.1M | 8.0M | 8.1M | -- | -- |
| Prepaid Assets | 9.4M | 6.0M | 9.8M | 9.0M | 8.1M | -- | -- |
| Current Assets | 62.2M | 42.0M | 42.3M | 35.3M | 35.5M | -- | -- |
| Gross PPE | 20.2M | 17.8M | 16.2M | 14.4M | 12.6M | -- | -- |
| Accumulated Depreciation | -5.3M | -4.8M | -4.8M | -4.3M | -3.8M | -- | -- |
| Net PPE | 15.0M | 13.0M | 11.3M | 10.0M | 8.8M | -- | -- |
| Total Non Current Assets | 37.7M | 22.0M | 11.6M | 10.1M | 9.6M | -- | -- |
| Total Assets | 99.9M | 63.9M | 53.9M | 45.4M | 45.1M | -- | -- |
| Current Debt | -- | -- | -- | -- | 15.3M | 18.4M | 18.2M |
| Current Debt And Capital Lease Obligation | 321,000 | 358,000 | 409,000 | 426,000 | 15.7M | -- | -- |
| Accounts Payable | 6.9M | 6.8M | 7.2M | 6.1M | 4.7M | -- | -- |
| Payables | 7.4M | 7.5M | 7.6M | 6.7M | 5.2M | -- | -- |
| Payables And Accrued Expenses | 10.0M | 9.6M | 9.8M | 8.5M | 7.0M | -- | -- |
| Current Accrued Expenses | 2.6M | 2.0M | 2.2M | 1.8M | 1.8M | -- | -- |
| Other Current Liabilities | -- | 144,000 | 251,000 | 113,000 | 138,000 | 155,000 | -- |
| Current Liabilities | 10.3M | 10.1M | 10.5M | 9.1M | 22.9M | -- | -- |
| Long Term Debt | 27.3M | 20.7M | 18.8M | 13.1M | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 28.7M | 22.2M | 20.4M | 14.7M | 1.6M | -- | -- |
| Long Term Capital Lease Obligation | 1.4M | 1.5M | 1.6M | 1.6M | 1.6M | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 29.3M | 22.7M | 21.0M | 15.2M | 2.2M | -- | -- |
| Total Liabilities Net Minority Interest | 39.6M | 32.8M | 31.5M | 24.3M | 25.0M | -- | -- |
| Common Stock | 163.1M | 134.9M | 128.1M | 128.1M | 128.0M | -- | -- |
| Capital Stock | 163.1M | 134.9M | 128.1M | 128.1M | 128.0M | -- | -- |
| Additional Paid In Capital | 11.4M | 11.5M | 12.1M | 11.6M | 11.3M | -- | -- |
| Retained Earnings | -124.8M | -125.9M | -127.9M | -128.8M | -129.7M | -- | -- |
| Gains Losses Not Affecting Retained Earnings | 6.0M | 5.9M | 5.4M | 5.6M | 5.7M | -- | -- |
| Other Equity Adjustments | 6.0M | 5.9M | 5.4M | 5.6M | 5.7M | -- | -- |
| Common Stock Equity | 60.3M | 31.1M | 22.3M | 21.1M | 20.1M | -- | -- |
| Stockholders Equity | 60.3M | 31.1M | 22.3M | 21.1M | 20.1M | -- | -- |
| Total Equity Gross Minority Interest | 60.3M | 31.1M | 22.3M | 21.1M | 20.1M | -- | -- |
| Total Capitalization | 87.6M | 51.9M | 41.2M | 34.2M | 20.1M | -- | -- |
| Net Tangible Assets | 60.3M | 31.1M | 22.3M | 21.1M | 20.1M | -- | -- |
| Tangible Book Value | 60.3M | 31.1M | 22.3M | 21.1M | 20.1M | -- | -- |
| Working Capital | 51.9M | 31.9M | 31.8M | 26.2M | 12.6M | -- | -- |
| Invested Capital | 87.6M | 51.9M | 41.2M | 34.2M | 35.3M | -- | -- |
| Total Debt | 29.0M | 22.6M | 20.8M | 15.1M | 17.4M | -- | -- |
| Net Debt | 4.6M | 14.4M | 17.5M | 12.8M | 7.1M | -- | -- |
| Share Issued | 48.0M | 42.1M | 40.1M | 40.1M | 40.1M | -- | -- |
| Ordinary Shares Number | 48.0M | 42.1M | 40.1M | 40.1M | 40.1M | -- | -- |
| Allowance For Doubtful Accounts Receivable | -82,000 | -82,000 | -58,000 | -44,000 | -56,000 | -- | -- |
| Buildings And Improvements | 10.6M | 7.5M | -- | -- | -- | 7.5M | -- |
| Capital Lease Obligations | 1.7M | 1.8M | 2.0M | 2.0M | 2.1M | -- | -- |
| Construction In Progress | 4.1M | 2.0M | 670,000 | -- | -- | 0.00 | -- |
| Current Capital Lease Obligation | 321,000 | 358,000 | 409,000 | 426,000 | 462,000 | -- | -- |
| Current Notes Payable | -- | 0.00 | 0.00 | 0.00 | 0.00 | 519,000 | -- |
| Finished Goods | 1.2M | 1.1M | 1.6M | 942,000 | 919,000 | -- | -- |
| Gross Accounts Receivable | 12.6M | 13.8M | 17.3M | 17.0M | 10.5M | -- | -- |
| Land And Improvements | 215,000 | 215,000 | 7.7M | 7.7M | 7.7M | -- | -- |
| Leases | 379,000 | 329,000 | 337,000 | 118,000 | 72,000 | -- | -- |
| Line Of Credit | -- | 0.00 | 0.00 | 0.00 | 15.3M | 16.3M | -- |
| Machinery Furniture Equipment | 136,000 | 120,000 | 115,000 | 108,000 | 106,000 | -- | -- |
| Non Current Deferred Assets | 2.2M | 2.1M | -- | -- | -- | 0.00 | -- |
| Non Current Deferred Taxes Assets | 2.2M | 2.1M | -- | -- | -- | 0.00 | -- |
| Non Current Prepaid Assets | 20.6M | 6.9M | 259,000 | 85,000 | 758,000 | -- | -- |
| Other Current Borrowings | -- | -- | -- | -- | -- | 1.6M | 2.3M |
| Other Equity Interest | 4.7M | 4.7M | 4.7M | 4.7M | 4.7M | -- | -- |
| Other Payable | 508,000 | 776,000 | 475,000 | 628,000 | 444,000 | -- | -- |
| Other Properties | 4.8M | 7.6M | 7.3M | 6.4M | 4.7M | -- | -- |
| Other Receivables | 1.4M | 2.8M | 1.9M | 1.1M | 727,000 | -- | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- |
| Raw Materials | 12.5M | 11.3M | 10.5M | 7.0M | 7.1M | -- | -- |
| Restricted Cash | 2.4M | 656,000 | -- | -- | -- | 0.00 | -- |
| Tradeand Other Payables Non Current | 619,000 | 525,000 | 641,000 | 574,000 | 517,000 | -- | -- |
| Work In Process | 24,000 | 0.00 | 55,000 | 13,000 | 18,000 | -- | -- |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 1.7M | 9.0M | -2.6M | -4.5M | -277,000 | -- | -- |
| Cash Flow From Continuing Operating Activities | 1.7M | 9.0M | -2.6M | -4.5M | -277,000 | -- | -- |
| Depreciation And Amortization | 414,000 | 421,000 | 388,000 | 328,000 | 317,000 | -- | -- |
| Depreciation Amortization Depletion | 414,000 | 421,000 | 388,000 | 328,000 | 317,000 | -- | -- |
| Stock Based Compensation | 195,000 | 510,000 | 543,000 | 288,000 | 415,000 | -- | -- |
| Deferred Tax | -99,000 | -- | -- | -- | 0.00 | 0.00 | -- |
| Deferred Income Tax | -99,000 | -- | -- | -- | 0.00 | 0.00 | -- |
| Change In Working Capital | -218,000 | 5.6M | -4.7M | -6.7M | -1.3M | -- | -- |
| Change In Receivables | 2.5M | 2.6M | -1.0M | -6.9M | 164,000 | -- | -- |
| Change In Inventory | -1.1M | -568,000 | -3.6M | 100,000 | 1.0M | -- | -- |
| Change In Payables And Accrued Expense | 463,000 | 374,000 | 725,000 | 864,000 | -1.9M | -- | -- |
| Change In Payable | 463,000 | 374,000 | 725,000 | 864,000 | -1.9M | -- | -- |
| Other Non Cash Items | 448,000 | 830,000 | 591,000 | 632,000 | 702,000 | -- | -- |
| Capital Expenditure | -15.9M | -8.8M | -1.5M | -879,000 | -10,000 | -- | -- |
| Purchase Of PPE | -15.9M | -8.8M | -1.5M | -879,000 | -10,000 | -- | -- |
| Net PPE Purchase And Sale | -15.9M | -8.8M | -1.5M | -879,000 | -10,000 | -- | -- |
| Net Investment Purchase And Sale | -- | -- | -- | -- | 0.00 | -115,000 | -125,000 |
| Investing Cash Flow | -17.7M | -9.5M | -1.7M | -879,000 | -10,000 | -- | -- |
| Cash Flow From Continuing Investing Activities | -17.7M | -9.5M | -1.7M | -879,000 | -10,000 | -- | -- |
| Issuance Of Debt | 22.1M | 28.0M | 26.6M | 18.0M | 11.6M | -- | -- |
| Repayment Of Debt | -17.3M | -25.2M | -20.8M | -19.8M | -14.9M | -- | -- |
| Net Issuance Payments Of Debt | 4.8M | 2.8M | 5.8M | -1.8M | -3.3M | -- | -- |
| Issuance Of Capital Stock | 25.8M | 0.00 | 0.00 | 0.00 | 11.6M | -- | -- |
| Net Common Stock Issuance | 25.8M | 0.00 | 0.00 | 0.00 | 11.6M | -- | -- |
| Financing Cash Flow | 32.3M | 5.4M | 5.3M | -2.5M | 7.7M | -- | -- |
| Cash Flow From Continuing Financing Activities | 32.3M | 5.4M | 5.3M | -2.5M | 7.7M | -- | -- |
| Effect Of Exchange Rate Changes | 45,000 | 122,000 | -67,000 | -50,000 | -5,000 | -- | -- |
| Changes In Cash | 16.3M | 4.9M | 1.1M | -7.8M | 7.4M | -- | -- |
| Beginning Cash Position | 6.4M | 1.3M | 283,000 | 8.2M | 781,000 | -- | -- |
| End Cash Position | 22.7M | 6.4M | 1.3M | 283,000 | 8.2M | -- | -- |
| Free Cash Flow | -14.2M | 226,000 | -4.1M | -5.4M | -287,000 | -- | -- |
| Income Tax Paid Supplemental Data | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- |
| Interest Paid Supplemental Data | 305,000 | 519,000 | 557,000 | 519,000 | 527,000 | -- | -- |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- |
| Change In Prepaid Assets | -2.1M | 3.1M | -799,000 | -713,000 | -585,000 | -- | -- |
| Common Stock Issuance | 25.8M | 0.00 | 0.00 | 0.00 | 11.6M | -- | -- |
| Interest Paid Cff | -305,000 | -501,000 | -412,000 | -667,000 | -542,000 | -- | -- |
| Long Term Debt Issuance | 11.9M | -- | -- | -- | 0.00 | -- | -- |
| Long Term Debt Payments | -236,000 | 1.2M | -1.6M | -180,000 | -178,000 | -- | -- |
| Net Foreign Currency Exchange Gain Loss | -73,000 | 721,000 | -278,000 | 143,000 | -10,000 | -- | -- |
| Net Income From Continuing Operations | 1.0M | 2.0M | 907,000 | 828,000 | -420,000 | -- | -- |
| Net Long Term Debt Issuance | 11.7M | 5.6M | -1.6M | -180,000 | -178,000 | -- | -- |
| Net Other Financing Charges | -13,000 | -1.7M | -27,000 | 0.00 | -13,000 | -- | -- |
| Net Other Investing Changes | -1.8M | -649,000 | -- | -- | -- | -- | -- |
| Net Short Term Debt Issuance | -6.9M | -2.8M | 7.4M | -1.7M | -3.2M | -- | -- |
| Operating Gains Losses | -73,000 | 1.7M | -278,000 | 143,000 | -10,000 | -- | -- |
| Proceeds From Stock Option Exercised | 1.9M | 4.8M | 0.00 | 30,000 | 0.00 | -- | -- |
| Short Term Debt Issuance | 10.2M | 23.6M | 26.6M | 18.0M | 11.6M | -- | -- |
| Short Term Debt Payments | -17.1M | -26.5M | -19.2M | -19.6M | -14.7M | -- | -- |