Income Statement
Balance Sheet
Cash Flow
| Line Item | 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 | 836,000 | 2.1M | 1.2M | 1.4M | 1.2M | -- |
| Operating Revenue | 836,000 | 2.1M | 1.2M | 1.4M | 1.2M | -- |
| Cost Of Revenue | 2.5M | 2.7M | 2.0M | 1.9M | 1.8M | -- |
| Gross Profit | -1.7M | -590,000 | -782,000 | -473,000 | -557,000 | -- |
| Selling General And Administration | 1.7M | 1.8M | 1.5M | 1.5M | 1.5M | -- |
| General And Administrative Expense | 1.6M | 1.7M | 1.5M | 1.4M | 1.5M | -- |
| Research And Development | 862,000 | 826,000 | 825,000 | 699,000 | 712,000 | -- |
| Depreciation And Amortization In Income Statement | 18,000 | -149,000 | 126,000 | 129,000 | 128,000 | -- |
| Operating Expense | 2.6M | 2.5M | 2.5M | 2.3M | 2.4M | -- |
| Operating Income | -4.2M | -3.1M | -3.3M | -2.8M | -3.0M | -- |
| EBIT | -4.0M | -3.9M | -3.0M | -2.7M | -2.7M | -- |
| Interest Expense | 2.4M | 2.9M | 1.4M | 1.3M | 1.3M | -- |
| Interest Expense Non Operating | 2.4M | 2.9M | 1.4M | 1.3M | 1.3M | -- |
| Interest Income | 2,000 | -- | -- | 13,000 | 5,000 | 9,000 |
| Interest Income Non Operating | 2,000 | -- | -- | 13,000 | 5,000 | 9,000 |
| Net Interest Income | -2.4M | -2.9M | -1.4M | -1.3M | -1.3M | -- |
| Other Income Expense | 246,000 | -810,000 | 253,000 | 113,000 | 300,000 | -- |
| Other Non Operating Income Expenses | 353,000 | 31,000 | 252,000 | 250,000 | 294,000 | -- |
| Special Income Charges | -107,000 | -908,000 | -1,000 | -47,000 | -50,000 | -- |
| Write Off | 107,000 | 67,000 | 1,000 | 47,000 | 50,000 | -- |
| Gain On Sale Of Security | -- | 67,000 | 2,000 | -90,000 | 56,000 | -38,000 |
| Pretax Income | -6.3M | -6.7M | -4.4M | -4.0M | -3.9M | -- |
| Tax Provision | -- | -916,000 | -- | -- | -- | 0.00 |
| Tax Effect Of Unusual Items | 0.00 | -114,381 | 0.00 | 0.00 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | -6.3M | -5.8M | -4.4M | -4.0M | -3.9M | -- |
| Net Income From Continuing Operation Net Minority Interest | -6.3M | -5.8M | -4.4M | -4.0M | -3.9M | -- |
| Net Income Including Noncontrolling Interests | -6.3M | -5.8M | -4.4M | -4.0M | -3.9M | -- |
| Net Income Common Stockholders | -6.3M | -5.8M | -4.4M | -4.0M | -3.9M | -- |
| Net Income | -6.3M | -5.8M | -4.4M | -4.0M | -3.9M | -- |
| EBITDA | -3.7M | -3.6M | -2.8M | -2.5M | -2.5M | -- |
| Normalized EBITDA | -3.6M | -2.7M | -2.8M | -2.4M | -2.5M | -- |
| Reconciled Depreciation | 313,000 | 300,000 | 223,000 | 193,000 | 94,000 | -- |
| Basic EPS | -0.30 | -- | -0.23 | -0.21 | -0.21 | -- |
| Diluted EPS | -0.30 | -- | -0.23 | -0.21 | -0.21 | -- |
| Basic Average Shares | 21.0M | -- | 19.2M | 19.2M | 18.7M | -- |
| Diluted Average Shares | 21.0M | -- | 19.2M | 19.2M | 18.7M | -- |
| Total Unusual Items | -107,000 | -841,000 | 1,000 | -137,000 | 6,000 | -- |
| Total Unusual Items Excluding Goodwill | -107,000 | -841,000 | 1,000 | -137,000 | 6,000 | -- |
| Tax Rate For Calcs | 0.00 | 0.14 | 0.00 | 0.00 | 0.00 | -- |
| Normalized Income | -6.2M | -5.1M | -4.4M | -3.9M | -3.9M | -- |
| Depreciation Amortization Depletion Income Statement | 18,000 | -149,000 | 126,000 | 129,000 | 128,000 | -- |
| Depreciation Income Statement | 18,000 | -149,000 | 126,000 | 129,000 | 128,000 | -- |
| Diluted NI Availto Com Stockholders | -6.3M | -5.8M | -4.4M | -4.0M | -3.9M | -- |
| Insurance And Claims | 49,000 | 82,000 | 29,000 | 32,000 | 45,000 | -- |
| Net Income Continuous Operations | -6.3M | -5.8M | -4.4M | -4.0M | -3.9M | -- |
| Net Non Operating Interest Income Expense | -2.4M | -2.9M | -1.4M | -1.3M | -1.3M | -- |
| Other Gand A | 207,000 | 650,000 | 323,000 | 320,000 | 260,000 | -- |
| Other Taxes | 44,000 | 34,000 | 26,000 | 18,000 | 14,000 | -- |
| Reconciled Cost Of Revenue | 2.2M | 2.2M | 1.9M | 1.8M | 1.8M | -- |
| Rent And Landing Fees | 325,000 | 249,000 | 163,000 | 194,000 | 251,000 | -- |
| Rent Expense Supplemental | 325,000 | 249,000 | 163,000 | 194,000 | 251,000 | -- |
| Salaries And Wages | 1.0M | 727,000 | 965,000 | 901,000 | 915,000 | -- |
| Selling And Marketing Expense | 24,000 | 54,000 | 36,000 | 50,000 | 74,000 | -- |
| Total Expenses | 5.1M | 5.2M | 4.5M | 4.2M | 4.2M | -- |
| Total Operating Income As Reported | -- | -- | -3.0M | -- | -2.7M | -- |
| Total Other Finance Cost | -- | -- | -- | -- | -- | 281,000 |
| Line Item | 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 | 2.8M | 5.0M | 3.4M | 3.4M | 670,000 | -- |
| Cash Cash Equivalents And Short Term Investments | 2.8M | 5.0M | 3.4M | 3.4M | 670,000 | -- |
| Cash Financial | 2.8M | 5.0M | 3.4M | 3.4M | 670,000 | -- |
| Accounts Receivable | 955,000 | 1.5M | 1.0M | 907,000 | 721,000 | -- |
| Receivables | 1.4M | 1.9M | 1.4M | 1.2M | 1.0M | -- |
| Inventory | 2.9M | 1.8M | 1.5M | 1.2M | 741,000 | -- |
| Prepaid Assets | 831,000 | 744,000 | 1.6M | 1.4M | 1.6M | -- |
| Current Assets | 7.9M | 9.5M | 7.9M | 7.2M | 4.0M | -- |
| Gross PPE | 25.2M | 24.9M | 21.7M | 20.2M | 18.9M | -- |
| Accumulated Depreciation | -18.1M | -17.8M | -17.5M | -17.3M | -17.1M | -- |
| Net PPE | 7.1M | 7.1M | 4.2M | 2.9M | 1.8M | -- |
| Total Non Current Assets | 7.1M | 7.1M | 4.2M | 2.9M | 1.8M | -- |
| Total Assets | 15.0M | 16.6M | 12.1M | 10.1M | 5.8M | -- |
| Current Debt | 587,000 | 579,000 | 11.9M | 7.4M | 562,000 | -- |
| Current Debt And Capital Lease Obligation | 1.0M | 1.2M | 12.0M | 7.7M | 942,000 | -- |
| Accounts Payable | -- | 7.7M | -- | -- | -- | 6.7M |
| Payables | -- | 8.0M | -- | -- | -- | 7.0M |
| Payables And Accrued Expenses | 8.4M | 8.0M | 7.2M | 6.8M | 7.1M | -- |
| Current Deferred Revenue | 610,000 | 390,000 | 400,000 | 183,000 | 168,000 | -- |
| Other Current Liabilities | -- | -- | -1,000 | -- | 1,000 | -- |
| Current Liabilities | 10.0M | 9.6M | 19.6M | 14.7M | 8.2M | -- |
| Long Term Debt | 47.6M | 44.4M | 28.3M | 27.0M | 27.4M | -- |
| Long Term Debt And Capital Lease Obligation | 47.7M | 44.5M | 29.0M | 27.6M | 28.0M | -- |
| Long Term Capital Lease Obligation | 98,000 | 98,000 | 685,000 | 644,000 | 644,000 | -- |
| Other Non Current Liabilities | -- | -1,000 | -- | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 47.7M | 44.5M | 29.0M | 27.6M | 28.0M | -- |
| Total Liabilities Net Minority Interest | 57.7M | 54.1M | 48.7M | 42.3M | 36.3M | -- |
| Common Stock | 123.9M | 125.3M | 123.2M | 123.2M | 122.4M | -- |
| Capital Stock | 123.9M | 125.3M | 123.2M | 123.2M | 122.4M | -- |
| Additional Paid In Capital | 27.0M | 25.5M | 20.6M | 20.6M | 20.4M | -- |
| Retained Earnings | -195.2M | -188.9M | -183.1M | -178.7M | -174.6M | -- |
| Gains Losses Not Affecting Retained Earnings | 911,000 | -104,000 | 2.2M | 2.3M | 127,000 | -- |
| Other Equity Adjustments | 911,000 | -104,000 | 2.2M | 2.3M | 127,000 | -- |
| Common Stock Equity | -42.7M | -37.5M | -36.6M | -32.2M | -30.5M | -- |
| Stockholders Equity | -42.7M | -37.5M | -36.6M | -32.2M | -30.5M | -- |
| Total Equity Gross Minority Interest | -42.7M | -37.5M | -36.6M | -32.2M | -30.5M | -- |
| Total Capitalization | 4.8M | 6.9M | -8.2M | -5.2M | -3.1M | -- |
| Net Tangible Assets | -42.7M | -37.5M | -36.6M | -32.2M | -30.5M | -- |
| Tangible Book Value | -42.7M | -37.5M | -36.6M | -32.2M | -30.5M | -- |
| Working Capital | -2.1M | -34,000 | -11.8M | -7.5M | -4.2M | -- |
| Invested Capital | 5.4M | 7.5M | 3.7M | 2.2M | -2.5M | -- |
| Total Debt | 48.7M | 45.7M | 41.0M | 35.3M | 29.0M | -- |
| Net Debt | 45.4M | 40.0M | 36.8M | 31.0M | 27.3M | -- |
| Share Issued | 21.0M | 21.0M | 19.2M | 19.2M | 19.2M | -- |
| Ordinary Shares Number | 21.0M | 21.0M | 19.2M | 19.2M | 19.2M | -- |
| Allowance For Doubtful Accounts Receivable | -315,000 | -206,000 | -136,000 | -138,000 | -94,000 | -- |
| Capital Lease Obligations | 546,000 | 686,000 | 818,000 | 949,000 | 1.0M | -- |
| Construction In Progress | 3.0M | 2.8M | 671,000 | 1.0M | -- | 0.00 |
| Current Capital Lease Obligation | 448,000 | 588,000 | 133,000 | 305,000 | 380,000 | -- |
| Current Deferred Liabilities | 610,000 | 390,000 | 400,000 | 183,000 | 168,000 | -- |
| Current Notes Payable | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | -- |
| Finished Goods | 1.2M | 691,000 | 588,000 | 305,000 | 180,000 | -- |
| Gross Accounts Receivable | 1.3M | 1.7M | 1.2M | 1.0M | 815,000 | -- |
| Leases | 1.0M | 1.0M | 914,000 | 807,000 | 807,000 | -- |
| Machinery Furniture Equipment | 15.8M | 15.8M | 15.1M | 13.4M | 13.2M | -- |
| Other Current Borrowings | 537,000 | 529,000 | 11.8M | 7.3M | 512,000 | -- |
| Other Equity Interest | 679,000 | 679,000 | 480,000 | 480,000 | 1.3M | -- |
| Other Inventories | -- | -- | -- | -- | -- | 1,000 |
| Other Payable | -- | 281,000 | -- | -- | -- | 280,000 |
| Other Properties | 5.4M | 5.2M | 5.1M | 5.1M | 5.0M | -- |
| Other Receivables | 203,000 | 107,000 | 149,000 | 88,000 | 282,000 | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Raw Materials | 1.4M | 958,000 | 745,000 | 644,000 | 383,000 | -- |
| Restricted Cash | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | -- |
| Taxes Receivable | 221,000 | 282,000 | 219,000 | 219,000 | -- | 179,000 |
| Work In Process | 298,000 | 195,000 | 137,000 | 255,000 | 178,000 | -- |
| Line Item | 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 | -4.7M | -1.9M | -2.7M | -2.7M | -3.9M | -- |
| Cash Flow From Continuing Operating Activities | -4.7M | -1.9M | -2.7M | -2.7M | -3.9M | -- |
| Depreciation And Amortization | 313,000 | 300,000 | 223,000 | 193,000 | 94,000 | -- |
| Depreciation Amortization Depletion | 313,000 | 300,000 | 223,000 | 193,000 | 94,000 | -- |
| Stock Based Compensation | 24,000 | -56,000 | 79,000 | 166,000 | 86,000 | -- |
| Deferred Tax | -- | -- | -- | -- | -- | 0.00 |
| Deferred Income Tax | -- | -- | -- | -- | -- | 0.00 |
| Change In Working Capital | -5,000 | 709,000 | -66,000 | -438,000 | -1.5M | -- |
| Change In Receivables | 551,000 | -537,000 | -- | -- | -477,000 | -163,000 |
| Change In Inventory | -1.1M | -374,000 | -- | -- | -93,000 | -3,000 |
| Change In Payables And Accrued Expense | 381,000 | 788,000 | -- | -- | 112,000 | 1.0M |
| Change In Other Working Capital | 220,000 | -10,000 | -- | -- | -28,000 | -27,000 |
| Other Non Cash Items | 1.3M | 2.8M | 1.4M | 1.3M | 1.3M | -- |
| Capital Expenditure | -348,000 | -3.1M | -1.5M | -1.3M | -260,000 | -- |
| Purchase Of PPE | -348,000 | -3.1M | -1.5M | -1.3M | -260,000 | -- |
| Net PPE Purchase And Sale | -348,000 | -3.1M | -1.5M | -1.3M | -260,000 | -- |
| Investing Cash Flow | -348,000 | -3.1M | -1.5M | -1.3M | -260,000 | -- |
| Cash Flow From Continuing Investing Activities | -348,000 | -3.1M | -1.5M | -1.3M | -260,000 | -- |
| Issuance Of Debt | 2.9M | -- | -- | 7.0M | 4.5M | 3.6M |
| Repayment Of Debt | -156,000 | -375,000 | -274,000 | -98,000 | -82,000 | -- |
| Net Issuance Payments Of Debt | 2.7M | 22.5M | -274,000 | 6.9M | 4.4M | -- |
| Financing Cash Flow | 2.7M | 6.5M | 4.2M | 6.9M | 4.4M | -- |
| Cash Flow From Continuing Financing Activities | 2.7M | 6.5M | 4.2M | 6.9M | 4.4M | -- |
| Effect Of Exchange Rate Changes | 31,000 | 115,000 | 8,000 | -172,000 | -135,000 | -- |
| Changes In Cash | -2.3M | 1.5M | 27,000 | 2.9M | 195,000 | -- |
| Beginning Cash Position | 5.0M | 3.4M | 3.4M | 674,000 | 614,000 | -- |
| End Cash Position | 2.8M | 5.0M | 3.4M | 3.4M | 674,000 | -- |
| Free Cash Flow | -5.0M | -5.1M | -4.2M | -4.0M | -4.2M | -- |
| Change In Prepaid Assets | -87,000 | 842,000 | -- | -- | -974,000 | -394,000 |
| Depreciation | 313,000 | 300,000 | 223,000 | 193,000 | 94,000 | -- |
| Gain Loss On Sale Of PPE | 9,000 | -- | -- | -- | -- | -- |
| Long Term Debt Issuance | 2.9M | -- | -- | -- | 4.5M | 3.6M |
| Long Term Debt Payments | -156,000 | -375,000 | -274,000 | -98,000 | -82,000 | -- |
| Net Foreign Currency Exchange Gain Loss | -- | -67,000 | -2,000 | 90,000 | -- | 38,000 |
| Net Income From Continuing Operations | -6.3M | -5.8M | -4.4M | -4.0M | -3.9M | -- |
| Net Long Term Debt Issuance | 2.7M | 22.5M | -274,000 | -98,000 | 4.4M | -- |
| Net Other Financing Charges | -- | -- | 4.5M | -- | -- | -- |
| Net Short Term Debt Issuance | -- | -- | -- | 7.0M | -- | 0.00 |
| Operating Gains Losses | 9,000 | 1.1M | -2,000 | 90,000 | -- | 47,000 |
| Short Term Debt Issuance | -- | -- | -- | 7.0M | -- | 0.00 |