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 |
|---|---|---|---|---|---|
| Total Revenue | 1.6M | 6.2M | 2.7M | 3.7M | 1.2M |
| Operating Revenue | 1.6M | 6.2M | 2.7M | 3.7M | 1.2M |
| Cost Of Revenue | 1.0M | 3.7M | 2.2M | 2.5M | 837,000 |
| Gross Profit | 594,000 | 2.6M | 535,000 | 1.2M | 340,000 |
| Selling General And Administration | 1.1M | 1.2M | 1.1M | 1.1M | 1.1M |
| General And Administrative Expense | 571,000 | 630,000 | 591,000 | 713,000 | 567,000 |
| Research And Development | 399,000 | 389,000 | 388,000 | 378,000 | 358,000 |
| Depreciation And Amortization In Income Statement | -- | -- | -- | -- | 0.00 |
| Operating Expense | 1.5M | 1.6M | 1.5M | 1.5M | 1.4M |
| Operating Income | -929,000 | 980,000 | -929,000 | -318,000 | -1.1M |
| EBIT | -1.0M | 1.0M | -1.1M | -294,000 | -866,000 |
| Interest Expense | 95,000 | 99,000 | 65,000 | 68,000 | 72,000 |
| Interest Expense Non Operating | 95,000 | 99,000 | 65,000 | 68,000 | 72,000 |
| Interest Income | 20,000 | -19,000 | 26,000 | 30,000 | 47,000 |
| Interest Income Non Operating | 20,000 | -19,000 | 26,000 | 30,000 | 47,000 |
| Net Interest Income | -75,000 | -118,000 | -39,000 | -38,000 | -25,000 |
| Other Income Expense | -104,000 | 66,000 | -194,000 | -6,000 | 158,000 |
| Special Income Charges | 0.00 | 0.00 | 0.00 | 0.00 | 11,000 |
| Write Off | -- | -- | -- | -- | -- |
| Gain On Sale Of Security | -104,000 | 66,000 | -194,000 | -6,000 | 147,000 |
| Pretax Income | -1.1M | 928,000 | -1.2M | -362,000 | -938,000 |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -1.1M | 935,000 | -1.2M | 764,000 | -946,000 |
| Net Income From Continuing Operation Net Minority Interest | -1.1M | 928,000 | -1.2M | -362,000 | -938,000 |
| Net Income Including Noncontrolling Interests | -1.1M | 935,000 | -1.2M | 764,000 | -946,000 |
| Net Income Common Stockholders | -1.1M | 935,000 | -1.2M | 764,000 | -946,000 |
| Net Income | -1.1M | 935,000 | -1.2M | 764,000 | -946,000 |
| EBITDA | -724,000 | 1.4M | -802,000 | 8,000 | -573,000 |
| Normalized EBITDA | -620,000 | 1.3M | -608,000 | 14,000 | -731,000 |
| Reconciled Depreciation | 289,000 | 368,000 | 295,000 | 302,000 | 293,000 |
| Basic EPS | -0.01 | -- | -0.01 | 0.01 | 0.00 |
| Diluted EPS | -0.01 | -- | -0.01 | 0.01 | 0.00 |
| Basic Average Shares | 111.2M | -- | 111.1M | 111.0M | 110.9M |
| Diluted Average Shares | 112.7M | -- | 112.3M | 111.0M | 110.9M |
| Total Unusual Items | -104,000 | 66,000 | -194,000 | -6,000 | 158,000 |
| Total Unusual Items Excluding Goodwill | -104,000 | 66,000 | -194,000 | -6,000 | 158,000 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -1.0M | 862,000 | -968,000 | -356,000 | -1.1M |
| Amortization | -- | -- | -- | -- | 0.00 |
| Amortization Of Intangibles Income Statement | -- | -- | -- | -- | 0.00 |
| Depreciation Amortization Depletion Income Statement | -- | -- | -- | -- | 0.00 |
| Diluted NI Availto Com Stockholders | -1.1M | 935,000 | -1.2M | 764,000 | -946,000 |
| Gain On Sale Of Ppe | 0.00 | 0.00 | 0.00 | 0.00 | 11,000 |
| Net Income Continuous Operations | -1.1M | 928,000 | -1.2M | -362,000 | -938,000 |
| Net Income Discontinuous Operations | -6,000 | 7,000 | -9,000 | 1.1M | -8,000 |
| Net Non Operating Interest Income Expense | -75,000 | -118,000 | -39,000 | -38,000 | -25,000 |
| Other Gand A | 516,000 | 571,000 | 532,000 | 585,000 | 424,000 |
| Reconciled Cost Of Revenue | 1.0M | 3.7M | 2.2M | 2.5M | 837,000 |
| Rent Expense Supplemental | -- | -- | -- | -- | 72,000 |
| Salaries And Wages | 55,000 | 59,000 | 59,000 | 128,000 | 143,000 |
| Selling And Marketing Expense | 553,000 | 553,000 | 485,000 | 436,000 | 486,000 |
| Total Expenses | 2.5M | 5.2M | 3.7M | 4.0M | 2.2M |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 2.5M | 6.4M | 4.6M | 3.8M | 4.0M |
| Cash Cash Equivalents And Short Term Investments | 2.5M | 6.4M | 4.6M | 3.8M | 4.0M |
| Cash Financial | 2.5M | 6.4M | 4.6M | 3.8M | 4.0M |
| Accounts Receivable | 1.7M | 929,000 | 1.5M | 1.7M | 864,000 |
| Receivables | 6.4M | 5.6M | 3.6M | 4.2M | 1.9M |
| Inventory | 3.0M | 1.4M | 2.6M | 2.0M | 2.8M |
| Prepaid Assets | -- | 566,000 | -- | 425,000 | 435,000 |
| Current Assets | 12.0M | 14.0M | 10.9M | 10.5M | 9.2M |
| Gross PPE | 3.5M | 6.7M | 2.0M | 2.6M | 2.8M |
| Accumulated Depreciation | -- | -3.0M | -- | -- | -- |
| Net PPE | 3.5M | 3.7M | 2.0M | 2.6M | 2.8M |
| Goodwill And Other Intangible Assets | -- | -- | -- | -- | -- |
| Total Non Current Assets | 4.5M | 4.6M | 2.2M | 2.7M | 3.0M |
| Total Assets | 16.5M | 18.5M | 13.1M | 13.2M | 12.2M |
| Current Debt | 345,000 | 375,000 | 120,000 | 120,000 | 120,000 |
| Current Debt And Capital Lease Obligation | 832,000 | 846,000 | 530,000 | 739,000 | 722,000 |
| Accounts Payable | 1.6M | 2.1M | 1.7M | 669,000 | 726,000 |
| Payables | 1.6M | 2.1M | 1.7M | 730,000 | 787,000 |
| Payables And Accrued Expenses | 2.1M | 3.3M | 2.6M | 1.4M | 1.3M |
| Current Accrued Expenses | 471,000 | 1.2M | 853,000 | 691,000 | 479,000 |
| Current Deferred Revenue | 375,000 | 34,000 | 602,000 | 326,000 | 272,000 |
| Current Liabilities | 3.4M | 4.3M | 3.9M | 2.6M | 2.4M |
| Long Term Debt | -- | -- | 285,000 | 315,000 | 346,000 |
| Long Term Debt And Capital Lease Obligation | 2.1M | 2.3M | 810,000 | 1.0M | 1.2M |
| Long Term Capital Lease Obligation | 2.1M | 2.3M | 525,000 | 722,000 | 884,000 |
| Total Non Current Liabilities Net Minority Interest | 2.1M | 2.3M | 810,000 | 1.0M | 1.2M |
| Total Liabilities Net Minority Interest | 5.6M | 6.6M | 4.7M | 3.7M | 3.6M |
| Common Stock | 82.8M | 82.8M | 80.3M | 80.2M | 80.2M |
| Capital Stock | 82.8M | 82.8M | 80.3M | 80.2M | 80.2M |
| Additional Paid In Capital | 12.7M | 12.7M | 12.6M | 12.5M | 12.4M |
| Retained Earnings | -85.1M | -84.0M | -84.9M | -83.8M | -84.5M |
| Gains Losses Not Affecting Retained Earnings | 543,000 | 542,000 | 535,000 | 551,000 | 537,000 |
| Common Stock Equity | 10.9M | 12.0M | 8.4M | 9.5M | 8.6M |
| Stockholders Equity | 10.9M | 12.0M | 8.4M | 9.5M | 8.6M |
| Total Equity Gross Minority Interest | 10.9M | 12.0M | 8.4M | 9.5M | 8.6M |
| Total Capitalization | 10.9M | 12.0M | 8.7M | 9.9M | 9.0M |
| Net Tangible Assets | 10.9M | 12.0M | 8.4M | 9.5M | 8.6M |
| Tangible Book Value | 10.9M | 12.0M | 8.4M | 9.5M | 8.6M |
| Working Capital | 8.5M | 9.7M | 7.0M | 7.9M | 6.8M |
| Invested Capital | 11.3M | 12.4M | 8.8M | 10.0M | 9.1M |
| Total Debt | 3.0M | 3.1M | 1.3M | 1.8M | 2.0M |
| Share Issued | 118.7M | 118.7M | 111.2M | 111.1M | 111.0M |
| Ordinary Shares Number | 118.7M | 118.7M | 111.2M | 111.1M | 111.0M |
| Buildings And Improvements | 2.3M | 2.5M | 711,000 | 1.1M | 1.2M |
| Capital Lease Obligations | 2.6M | 2.7M | 935,000 | 1.3M | 1.5M |
| Current Capital Lease Obligation | 487,000 | 471,000 | 410,000 | 619,000 | 602,000 |
| Current Deferred Liabilities | 375,000 | 34,000 | 602,000 | 326,000 | 272,000 |
| Current Provisions | 155,000 | 158,000 | 170,000 | 150,000 | 121,000 |
| Finished Goods | 618,000 | 656,000 | -- | -- | -- |
| Foreign Currency Translation Adjustments | 543,000 | 542,000 | 535,000 | 551,000 | 537,000 |
| Leases | -- | 2.3M | -- | -- | -- |
| Loans Receivable | 894,000 | 913,000 | 332,000 | 541,000 | 703,000 |
| Machinery Furniture Equipment | -- | 393,000 | -- | -- | -- |
| Non Current Note Receivables | 864,000 | 693,000 | 62,000 | 12,000 | 29,000 |
| Non Current Prepaid Assets | 141,000 | 149,000 | 111,000 | 143,000 | 152,000 |
| Other Current Borrowings | 345,000 | 375,000 | 120,000 | 120,000 | 120,000 |
| Other Payable | 17,000 | 17,000 | 58,000 | 61,000 | 61,000 |
| Other Properties | 1.2M | 1.6M | 1.3M | 1.5M | 1.6M |
| Other Receivables | 3.7M | 3.7M | 1.8M | 2.0M | 304,000 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 239,000 | 263,000 | 2.6M | 2.0M | 2.8M |
| Restricted Cash | 41,000 | 42,000 | 41,000 | 43,000 | 95,000 |
| Taxes Receivable | -- | 70,000 | -- | 1,000 | 4,000 |
| Work In Process | 2.1M | 480,000 | -- | -- | -- |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | -3.6M | -488,000 | 1.1M | 7,000 | -1.2M |
| Cash Flow From Continuing Operating Activities | -3.6M | -483,000 | 643,000 | -583,000 | -1.2M |
| Depreciation And Amortization | 289,000 | 368,000 | 295,000 | 302,000 | 293,000 |
| Depreciation Amortization Depletion | 289,000 | 368,000 | 295,000 | 302,000 | 293,000 |
| Stock Based Compensation | 55,000 | 59,000 | 59,000 | 128,000 | 143,000 |
| Change In Working Capital | -3.0M | -1.9M | 1.2M | -695,000 | -569,000 |
| Changes In Account Receivables | -833,000 | 594,000 | 166,000 | -868,000 | -176,000 |
| Change In Receivables | -1.0M | -666,000 | 306,000 | -691,000 | 168,000 |
| Change In Inventory | -1.7M | 866,000 | -692,000 | 1.5M | -287,000 |
| Change In Payables And Accrued Expense | -1.2M | 1.0M | 1.3M | -487,000 | -366,000 |
| Change In Payable | -1.2M | 1.0M | 1.3M | -487,000 | -366,000 |
| Change In Other Working Capital | 787,000 | -2.9M | 341,000 | -1.1M | -22,000 |
| Other Non Cash Items | 75,000 | 142,000 | 15,000 | 38,000 | 25,000 |
| Capital Expenditure | -37,000 | -- | -- | -- | -- |
| Purchase Of PPE | -37,000 | -- | -- | -- | -- |
| Net PPE Purchase And Sale | -37,000 | -133,000 | -5,000 | 11,000 | 16,000 |
| Investing Cash Flow | -17,000 | -103,000 | 3,000 | 30,000 | 40,000 |
| Cash Flow From Continuing Investing Activities | -17,000 | -103,000 | 3,000 | 30,000 | 40,000 |
| Issuance Of Debt | 0.00 | 94,000 | -- | -- | 500,000 |
| Repayment Of Debt | -142,000 | -295,000 | -148,000 | -125,000 | -160,000 |
| Net Issuance Payments Of Debt | -142,000 | -201,000 | -168,000 | -199,000 | 340,000 |
| Financing Cash Flow | -209,000 | 2.3M | -197,000 | -208,000 | 282,000 |
| Cash Flow From Continuing Financing Activities | -209,000 | 2.3M | -198,000 | -208,000 | 282,000 |
| Effect Of Exchange Rate Changes | -28,000 | 2,000 | -129,000 | 20,000 | 93,000 |
| Changes In Cash | -3.8M | 1.7M | 935,000 | -171,000 | -869,000 |
| Beginning Cash Position | 6.4M | 4.6M | 3.8M | 4.0M | 4.8M |
| End Cash Position | 2.5M | 6.4M | 4.6M | 3.8M | 4.0M |
| Free Cash Flow | -3.6M | -599,000 | 1.1M | 7,000 | -1.2M |
| Asset Impairment Charge | -- | -- | -- | -- | -- |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash From Discontinued Financing Activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash From Discontinued Investing Activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash From Discontinued Operating Activities | 0.00 | -5,000 | 487,000 | 590,000 | 13,000 |
| Change In Prepaid Assets | 182,000 | -270,000 | 33,000 | 69,000 | -62,000 |
| Interest Paid Cff | -67,000 | -37,000 | -56,000 | -22,000 | -45,000 |
| Interest Received Cfi | 20,000 | 30,000 | 8,000 | 19,000 | 24,000 |
| Long Term Debt Issuance | -- | -- | -- | -- | 456,000 |
| Long Term Debt Payments | -112,000 | -145,000 | -148,000 | -146,000 | -139,000 |
| Net Foreign Currency Exchange Gain Loss | 104,000 | -66,000 | 194,000 | 6,000 | -147,000 |
| Net Income From Continuing Operations | -1.1M | 928,000 | -1.2M | -362,000 | -938,000 |
| Net Intangibles Purchase And Sale | -- | -- | 0.00 | 0.00 | 0.00 |
| Net Long Term Debt Issuance | -112,000 | -551,000 | -168,000 | 280,000 | -139,000 |
| Net Other Financing Charges | -- | -457,000 | -- | -- | -13,000 |
| Net Short Term Debt Issuance | -30,000 | -- | -- | -- | 479,000 |
| Operating Gains Losses | 104,000 | -66,000 | 194,000 | 6,000 | -158,000 |
| Proceeds From Stock Option Exercised | -- | 1,000 | -- | -- | -- |
| Purchase Of Intangibles | -- | -- | 0.00 | 0.00 | 0.00 |
| Sale Of PPE | -- | -- | -5,000 | 11,000 | 16,000 |
| Short Term Debt Issuance | 0.00 | -- | -- | -- | 500,000 |
| Short Term Debt Payments | -30,000 | -- | -- | -- | -21,000 |