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 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | 254,000 | 175,000 | 175,000 | 128,000 |
| Gross Profit | -254,000 | -175,000 | -175,000 | -128,000 |
| Selling General And Administration | 10.6M | 9.3M | 6.5M | 4.7M |
| General And Administrative Expense | 8.6M | 6.6M | 5.0M | 3.8M |
| Other Operating Expenses | -- | 216,000 | 156,000 | -- |
| Operating Expense | 10.6M | 9.5M | 6.6M | 4.7M |
| Operating Income | -10.8M | -9.6M | -6.8M | -4.8M |
| EBIT | -9.6M | -9.0M | -6.9M | -4.8M |
| Interest Expense | 68,000 | 53,000 | 35,000 | 21,000 |
| Interest Expense Non Operating | 68,000 | 53,000 | 35,000 | 21,000 |
| Interest Income | 1.2M | 658,000 | 231,000 | 37,000 |
| Interest Income Non Operating | 1.2M | 658,000 | 231,000 | 37,000 |
| Net Interest Income | 1.1M | 605,000 | 196,000 | 16,000 |
| Other Income Expense | -- | -- | -318,000 | -12,000 |
| Special Income Charges | -- | 0.00 | -318,000 | 0.00 |
| Restructuring And Mergern Acquisition | -- | 0.00 | 318,000 | 0.00 |
| Gain On Sale Of Security | -- | -- | -- | -12,000 |
| Pretax Income | -9.7M | -9.0M | -6.9M | -4.8M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -9.7M | -9.0M | -6.9M | -4.8M |
| Net Income From Continuing Operation Net Minority Interest | -9.7M | -9.0M | -6.9M | -4.8M |
| Net Income Including Noncontrolling Interests | -9.7M | -9.0M | -6.9M | -4.8M |
| Net Income Common Stockholders | -9.7M | -9.0M | -6.9M | -4.8M |
| Net Income | -9.7M | -9.0M | -6.9M | -4.8M |
| EBITDA | -9.4M | -8.8M | -6.7M | -4.6M |
| Normalized EBITDA | -9.4M | -8.8M | -6.4M | -4.6M |
| Reconciled Depreciation | 254,000 | 175,000 | 175,000 | 128,000 |
| Basic EPS | -0.13 | -0.13 | -0.12 | -0.10 |
| Diluted EPS | -0.13 | -0.13 | -0.12 | -0.10 |
| Basic Average Shares | 75.3M | 68.2M | 59.7M | 50.2M |
| Diluted Average Shares | 75.3M | 68.2M | 59.7M | 50.2M |
| Total Unusual Items | -- | 0.00 | -318,000 | 0.00 |
| Total Unusual Items Excluding Goodwill | -- | 0.00 | -318,000 | 0.00 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -9.7M | -9.0M | -6.6M | -4.8M |
| Diluted NI Availto Com Stockholders | -9.7M | -9.0M | -6.9M | -4.8M |
| Net Income Continuous Operations | -9.7M | -9.0M | -6.9M | -4.8M |
| Net Non Operating Interest Income Expense | 1.1M | 605,000 | 196,000 | 16,000 |
| Other Gand A | 3.0M | 2.0M | 1.6M | 1.4M |
| Other Taxes | -- | -- | -- | 0.00 |
| Reconciled Cost Of Revenue | 254,000 | 175,000 | 175,000 | 128,000 |
| Salaries And Wages | 5.6M | 4.6M | 3.4M | 2.4M |
| Selling And Marketing Expense | 1.9M | 2.7M | 1.5M | 874,000 |
| Total Expenses | 10.8M | 9.6M | 6.8M | 4.8M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 19.3M | 30.0M | 13.2M | 17.8M |
| Cash Cash Equivalents And Short Term Investments | 19.3M | 30.0M | 13.2M | 17.8M |
| Cash Equivalents | 92,000 | 58,000 | 58,000 | -- |
| Cash Financial | 19.2M | 30.0M | 13.2M | -- |
| Accounts Receivable | 1.3M | 5.5M | 4.9M | 107,000 |
| Receivables | 1.3M | 5.5M | 5.0M | 237,000 |
| Prepaid Assets | 641,000 | 534,000 | 531,000 | 251,000 |
| Current Assets | 21.2M | 36.0M | 18.8M | 18.3M |
| Gross PPE | 29.6M | 21.8M | 13.1M | 5.3M |
| Accumulated Depreciation | -472,000 | -305,000 | -137,000 | -129,000 |
| Net PPE | 29.2M | 21.5M | 13.0M | 5.1M |
| Goodwill And Other Intangible Assets | 4.6M | 4.5M | 4.3M | 2.5M |
| Other Intangible Assets | 4.6M | 4.5M | 4.3M | 2.5M |
| Total Non Current Assets | 33.7M | 26.0M | 17.3M | 7.7M |
| Total Assets | 55.0M | 62.0M | 36.1M | 26.0M |
| Current Debt And Capital Lease Obligation | 230,000 | 156,000 | 92,000 | 109,000 |
| Accounts Payable | -- | -- | -- | 724,000 |
| Payables | -- | -- | -- | 724,000 |
| Payables And Accrued Expenses | 2.9M | 3.8M | 1.8M | 724,000 |
| Current Liabilities | 3.1M | 4.0M | 1.9M | 833,000 |
| Long Term Debt And Capital Lease Obligation | 686,000 | 481,000 | 492,000 | 157,000 |
| Long Term Capital Lease Obligation | 686,000 | 481,000 | 492,000 | 157,000 |
| Total Non Current Liabilities Net Minority Interest | 1.1M | 871,000 | 725,000 | 157,000 |
| Total Liabilities Net Minority Interest | 4.2M | 4.8M | 2.6M | 990,000 |
| Common Stock | 83.5M | 83.0M | 52.7M | 44.4M |
| Capital Stock | 83.5M | 83.0M | 52.7M | 44.4M |
| Additional Paid In Capital | 19.8M | 17.0M | 14.6M | 7.5M |
| Retained Earnings | -52.5M | -42.8M | -33.7M | -26.8M |
| Gains Losses Not Affecting Retained Earnings | -75,000 | -75,000 | -75,000 | -75,000 |
| Other Equity Adjustments | -75,000 | -75,000 | -75,000 | -75,000 |
| Common Stock Equity | 50.7M | 57.2M | 33.5M | 25.0M |
| Stockholders Equity | 50.7M | 57.2M | 33.5M | 25.0M |
| Total Equity Gross Minority Interest | 50.7M | 57.2M | 33.5M | 25.0M |
| Total Capitalization | 50.7M | 57.2M | 33.5M | 25.0M |
| Net Tangible Assets | 46.2M | 52.6M | 29.1M | 22.5M |
| Tangible Book Value | 46.2M | 52.6M | 29.1M | 22.5M |
| Working Capital | 18.1M | 32.0M | 16.9M | 17.5M |
| Invested Capital | 50.7M | 57.2M | 33.5M | 25.0M |
| Total Debt | 916,000 | 637,000 | 584,000 | 266,000 |
| Share Issued | 75.3M | 75.1M | 63.2M | 57.8M |
| Ordinary Shares Number | 75.3M | 75.1M | 63.2M | 57.8M |
| Capital Lease Obligations | 916,000 | 637,000 | 584,000 | 266,000 |
| Current Capital Lease Obligation | 230,000 | 156,000 | 92,000 | 109,000 |
| Duefrom Related Parties Current | -- | 0.00 | 88,000 | 130,000 |
| Dueto Related Parties Current | -- | -- | -- | 0.00 |
| Leases | 44,000 | 43,000 | 32,000 | 3,000 |
| Long Term Provisions | 411,000 | 390,000 | 233,000 | -- |
| Machinery Furniture Equipment | 565,000 | 276,000 | 251,000 | 100,000 |
| Other Properties | 29.0M | 21.4M | 12.8M | 5.1M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Restricted Cash | -- | -- | -- | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -6.7M | -5.9M | -5.5M | -2.8M |
| Cash Flow From Continuing Operating Activities | -6.7M | -5.9M | -5.5M | -2.8M |
| Depreciation And Amortization | 254,000 | 175,000 | 175,000 | 128,000 |
| Depreciation Amortization Depletion | 254,000 | 175,000 | 175,000 | 128,000 |
| Stock Based Compensation | 3.0M | 2.5M | 2.0M | 1.8M |
| Change In Working Capital | -237,000 | 433,000 | -951,000 | 29,000 |
| Changes In Account Receivables | -- | -- | -- | -24,000 |
| Change In Receivables | -- | -- | -- | -24,000 |
| Change In Payables And Accrued Expense | -- | -- | -- | 414,000 |
| Change In Other Working Capital | -- | -- | -- | -196,000 |
| Other Non Cash Items | 5,000 | 51,000 | 249,000 | 17,000 |
| Capital Expenditure | -10.0M | -15.6M | -4.0M | -2.7M |
| Purchase Of PPE | -- | -47,000 | -285,000 | -1.2M |
| Net PPE Purchase And Sale | -- | -47,000 | -285,000 | -1.2M |
| Sale Of Business | -- | -- | 0.00 | 222,000 |
| Investing Cash Flow | -10.7M | -13.8M | -12.7M | -3.4M |
| Cash Flow From Continuing Investing Activities | -10.7M | -13.8M | -12.7M | -3.4M |
| Repayment Of Debt | -173,000 | -103,000 | -91,000 | -245,000 |
| Net Issuance Payments Of Debt | -173,000 | -103,000 | -91,000 | -245,000 |
| Issuance Of Capital Stock | 0.00 | 26.6M | -- | 7.2M |
| Repurchase Of Capital Stock | -- | -- | -30,000 | -- |
| Net Common Stock Issuance | 0.00 | 26.6M | -30,000 | 7.2M |
| Common Stock Payments | -- | -- | -30,000 | -- |
| Financing Cash Flow | 6.7M | 36.4M | 13.6M | 17.3M |
| Cash Flow From Continuing Financing Activities | 6.7M | 36.4M | 13.6M | 17.3M |
| Changes In Cash | -10.7M | 16.8M | -4.6M | 11.1M |
| Beginning Cash Position | 30.0M | 13.2M | 17.8M | 6.7M |
| End Cash Position | 19.3M | 30.0M | 13.2M | 17.8M |
| Free Cash Flow | -16.7M | -21.5M | -9.5M | -5.6M |
| Amortization Cash Flow | -- | -- | -- | 128,000 |
| Amortization Of Intangibles | -- | -- | -- | 128,000 |
| Capital Expenditure Reported | -10.0M | -15.6M | -- | -- |
| Change In Prepaid Assets | -- | -- | -- | -165,000 |
| Common Stock Issuance | 0.00 | 26.6M | -- | 7.2M |
| Depreciation | 254,000 | 175,000 | 175,000 | 128,000 |
| Long Term Debt Payments | -173,000 | -103,000 | -91,000 | -245,000 |
| Net Business Purchase And Sale | -- | -- | 0.00 | 222,000 |
| Net Income From Continuing Operations | -9.7M | -9.0M | -6.9M | -4.8M |
| Net Intangibles Purchase And Sale | -- | -2.5M | -3.7M | -1.6M |
| Net Long Term Debt Issuance | -173,000 | -103,000 | -91,000 | -245,000 |
| Net Other Financing Charges | 6.6M | 6.3M | 500,000 | 643,000 |
| Net Other Investing Changes | -682,000 | 1.8M | -8.7M | -847,000 |
| Proceeds From Stock Option Exercised | 276,000 | 3.6M | 13.2M | 9.7M |
| Purchase Of Intangibles | -- | -2.5M | -3.7M | -1.6M |