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 | 14.2M | 8.4M | 7.5M | 9.6M |
| Operating Revenue | 12.9M | 8.4M | 7.4M | 9.6M |
| Cost Of Revenue | 13.2M | 9.9M | 10.0M | 2.8M |
| Gross Profit | 994,000 | -1.5M | -2.5M | 6.8M |
| Selling General And Administration | 4.5M | 5.1M | 4.6M | 6.9M |
| General And Administrative Expense | 4.5M | 5.1M | 4.6M | 6.9M |
| Depreciation And Amortization In Income Statement | -- | -- | 3.2M | 2.8M |
| Other Operating Expenses | -- | -- | 3.4M | 2.4M |
| Operating Expense | 4.5M | 5.1M | 4.6M | 13.1M |
| Operating Income | -3.5M | -6.6M | -7.1M | -3.6M |
| EBIT | -16.9M | -5.5M | -4.2M | -2.0M |
| Interest Expense | 2.4M | 918,000 | 612,000 | 392,000 |
| Interest Expense Non Operating | 2.4M | 918,000 | 612,000 | 392,000 |
| Net Interest Income | -2.6M | -1.1M | -596,000 | -458,000 |
| Other Income Expense | -13.2M | 1.2M | 2.9M | 1.7M |
| Other Non Operating Income Expenses | 82,000 | 586,000 | 286,000 | 172,000 |
| Special Income Charges | -12.6M | 720,000 | 2.7M | 1.5M |
| Restructuring And Mergern Acquisition | -698,000 | -73,000 | 400,000 | -1.5M |
| Write Off | -- | 581,000 | 0.00 | -- |
| Earnings From Equity Interest | -606,000 | -104,000 | -138,000 | 0.00 |
| Pretax Income | -19.3M | -6.4M | -4.8M | -2.4M |
| Tax Provision | -2.2M | -1.7M | -740,000 | -429,000 |
| Tax Effect Of Unusual Items | -1.5M | 188,075 | 415,010 | 267,810 |
| Net Income From Continuing And Discontinued Operation | -16.7M | -4.4M | -4.1M | -2.0M |
| Net Income From Continuing Operation Net Minority Interest | -16.7M | -4.4M | -4.1M | -2.0M |
| Net Income Including Noncontrolling Interests | -17.1M | -4.7M | -4.1M | -2.0M |
| Minority Interests | 360,000 | 321,000 | 11,000 | 0.00 |
| Net Income Common Stockholders | -16.7M | -4.4M | -4.1M | -2.0M |
| Net Income | -16.7M | -4.4M | -4.1M | -2.0M |
| EBITDA | -12.1M | -1.9M | -1.1M | 770,000 |
| Normalized EBITDA | 552,000 | -2.6M | -3.8M | -717,000 |
| Reconciled Depreciation | 4.9M | 3.6M | 3.2M | 2.8M |
| Basic EPS | -1.20 | -0.32 | -0.30 | -0.18 |
| Diluted EPS | -1.20 | -0.32 | -0.30 | -0.18 |
| Basic Average Shares | 14.0M | 13.9M | 13.6M | 11.0M |
| Diluted Average Shares | 14.0M | 13.9M | 13.6M | 11.0M |
| Total Unusual Items | -12.6M | 720,000 | 2.7M | 1.5M |
| Total Unusual Items Excluding Goodwill | -12.6M | 720,000 | 2.7M | 1.5M |
| Tax Rate For Calcs | 0.12 | 0.26 | 0.15 | 0.18 |
| Normalized Income | -5.6M | -5.0M | -6.4M | -3.2M |
| Depreciation Amortization Depletion Income Statement | -- | -- | 3.2M | 2.8M |
| Diluted NI Availto Com Stockholders | -16.7M | -4.4M | -4.1M | -2.0M |
| Gain On Sale Of Ppe | -194,000 | 0.00 | -- | -- |
| Impairment Of Capital Assets | 13.3M | 581,000 | -- | -- |
| Net Income Continuous Operations | -17.1M | -4.7M | -4.1M | -2.0M |
| Net Non Operating Interest Income Expense | -2.6M | -1.1M | -596,000 | -458,000 |
| Other Gand A | 2.0M | 2.9M | 3.0M | 2.6M |
| Other Special Charges | -207,000 | -1.2M | -3.1M | -- |
| Reconciled Cost Of Revenue | 13.2M | 9.9M | 10.0M | 2.8M |
| Rent And Landing Fees | -- | -- | 425,000 | 215,000 |
| Rent Expense Supplemental | 294,000 | 377,000 | 425,000 | 215,000 |
| Salaries And Wages | 2.5M | 2.2M | 1.6M | 4.0M |
| Total Expenses | 17.8M | 15.0M | 14.6M | 13.1M |
| Total Other Finance Cost | 243,000 | 148,000 | -16,000 | 66,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 414,000 | 585,000 | 8.9M | 19.6M |
| Cash Cash Equivalents And Short Term Investments | 414,000 | 585,000 | 8.9M | 19.6M |
| Accounts Receivable | 2.0M | 1.6M | 1.3M | 2.0M |
| Receivables | 4.6M | 1.7M | 3.3M | 2.1M |
| Inventory | -- | -- | -- | 187,000 |
| Prepaid Assets | -- | -- | 1.0M | 612,000 |
| Other Current Assets | 444,000 | 1.4M | 1.0M | 222,000 |
| Current Assets | 8.6M | 4.4M | 13.2M | 25.0M |
| Gross PPE | 48.5M | 51.8M | 31.9M | 17.9M |
| Accumulated Depreciation | -6.0M | -3.5M | -2.1M | -926,000 |
| Net PPE | 42.5M | 48.3M | 29.8M | 17.0M |
| Goodwill | 6.7M | 15.9M | 15.9M | 14.2M |
| Goodwill And Other Intangible Assets | 25.4M | 39.8M | 41.8M | 38.6M |
| Other Intangible Assets | 18.8M | 23.9M | 25.9M | 24.4M |
| Investments And Advances | 902,000 | 1.0M | 1.1M | 0.00 |
| Long Term Equity Investment | 902,000 | 1.0M | 1.1M | 0.00 |
| Other Non Current Assets | 200,000 | -- | -- | -- |
| Total Non Current Assets | 69.1M | 89.1M | 72.7M | 55.6M |
| Total Assets | 77.7M | 93.5M | 86.0M | 80.6M |
| Current Debt | 1.7M | 948,000 | 700,000 | 700,000 |
| Current Debt And Capital Lease Obligation | 2.8M | 1.8M | 1.2M | 998,000 |
| Accounts Payable | -- | 6.2M | 3.2M | 3.2M |
| Payables | -- | 6.2M | 3.2M | 3.2M |
| Payables And Accrued Expenses | 6.0M | 6.2M | 3.2M | 3.2M |
| Current Deferred Revenue | 0.00 | 2,000 | 142,000 | 0.00 |
| Other Current Liabilities | 802,000 | -- | 2.5M | 279,000 |
| Current Liabilities | 9.6M | 8.0M | 7.1M | 4.5M |
| Long Term Debt | 16.9M | 15.4M | 5.1M | 5.8M |
| Long Term Debt And Capital Lease Obligation | 23.9M | 22.4M | 10.3M | 8.8M |
| Long Term Capital Lease Obligation | 6.9M | 7.0M | 5.2M | 3.0M |
| Other Non Current Liabilities | 376,000 | 1.5M | 1.4M | -- |
| Total Non Current Liabilities Net Minority Interest | 26.1M | 28.0M | 17.5M | 14.8M |
| Total Liabilities Net Minority Interest | 35.7M | 36.0M | 24.6M | 19.2M |
| Common Stock | 62.2M | 61.8M | 61.4M | 60.6M |
| Capital Stock | 62.2M | 61.8M | 61.4M | 60.6M |
| Additional Paid In Capital | 6.4M | 5.9M | 4.4M | 1.5M |
| Retained Earnings | -29.1M | -12.4M | -8.0M | -4.2M |
| Common Stock Equity | 39.4M | 55.3M | 58.9M | 61.4M |
| Stockholders Equity | 39.4M | 55.3M | 58.9M | 61.4M |
| Total Equity Gross Minority Interest | 42.0M | 57.6M | 61.4M | 61.4M |
| Minority Interest | 2.6M | 2.3M | 2.5M | 0.00 |
| Total Capitalization | 56.4M | 70.8M | 64.0M | 67.1M |
| Net Tangible Assets | 14.0M | 15.5M | 17.1M | 22.8M |
| Tangible Book Value | 14.0M | 15.5M | 17.1M | 22.8M |
| Working Capital | -950,000 | -3.6M | 6.1M | 20.5M |
| Invested Capital | 58.1M | 71.7M | 64.7M | 67.8M |
| Total Debt | 26.6M | 24.2M | 11.5M | 9.8M |
| Net Debt | 18.3M | 15.8M | -- | -- |
| Share Issued | 14.0M | 13.9M | 13.8M | 13.4M |
| Ordinary Shares Number | 14.0M | 13.9M | 13.8M | 13.4M |
| Assets Held For Sale Current | 3.2M | 650,000 | 0.00 | -- |
| Capital Lease Obligations | 7.9M | 7.8M | 5.8M | 3.3M |
| Construction In Progress | 3.1M | 5.5M | 10.4M | 1.1M |
| Current Capital Lease Obligation | 1.0M | 809,000 | 543,000 | 298,000 |
| Current Deferred Liabilities | 0.00 | 2,000 | 142,000 | 0.00 |
| Non Current Deferred Liabilities | 1.9M | 4.1M | 5.8M | 6.0M |
| Non Current Deferred Taxes Liabilities | 1.9M | 4.1M | 5.8M | 6.0M |
| Other Current Borrowings | 1.7M | 948,000 | 700,000 | 700,000 |
| Other Equity Interest | -- | -- | 1.1M | 3.5M |
| Other Properties | 45.4M | 46.3M | 21.5M | 16.8M |
| Other Receivables | 2.6M | 147,000 | 243,000 | 77,000 |
| Restricted Cash | -- | 0.00 | 20,000 | 2.7M |
| Total Tax Payable | -- | -- | -- | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 4.1M | 307,000 | -751,000 | -1.9M |
| Cash Flow From Continuing Operating Activities | 4.1M | 307,000 | -751,000 | -1.9M |
| Depreciation And Amortization | 4.9M | 3.6M | 3.2M | 2.8M |
| Depreciation Amortization Depletion | 4.9M | 3.6M | 3.2M | 2.8M |
| Stock Based Compensation | 742,000 | 641,000 | 433,000 | 1.4M |
| Deferred Tax | -2.2M | -1.7M | -744,000 | -412,000 |
| Deferred Income Tax | -2.2M | -1.7M | -744,000 | -412,000 |
| Change In Working Capital | 1.7M | 774,000 | -747,000 | -2.2M |
| Changes In Account Receivables | -792,000 | 598,000 | -- | -- |
| Change In Receivables | -792,000 | 598,000 | -- | -- |
| Change In Payables And Accrued Expense | 2.2M | 363,000 | -- | -- |
| Change In Other Working Capital | -- | -140,000 | -- | -- |
| Other Non Cash Items | 1.9M | 993,000 | 996,000 | -1.5M |
| Capital Expenditure | -3.7M | -17.1M | -7.3M | -1.6M |
| Purchase Of PPE | -- | -- | -7.7M | -1.6M |
| Net PPE Purchase And Sale | -- | 0.00 | 81,000 | 3,000 |
| Purchase Of Business | -500,000 | -1.0M | -3.3M | -14.5M |
| Sale Of Business | -- | 0.00 | 59,000 | 119,000 |
| Investing Cash Flow | -3.7M | -16.7M | -7.5M | -17.4M |
| Cash Flow From Continuing Investing Activities | -3.7M | -16.7M | -7.5M | -17.4M |
| Issuance Of Debt | 3.3M | 10.2M | 10,000 | 7.0M |
| Repayment Of Debt | -1.6M | -1.0M | -1.2M | -809,000 |
| Net Issuance Payments Of Debt | 1.7M | 9.2M | -1.2M | 6.2M |
| Issuance Of Capital Stock | -- | -- | 0.00 | 22.3M |
| Repurchase Of Capital Stock | -- | 0.00 | -466,000 | 0.00 |
| Net Common Stock Issuance | -- | 0.00 | -466,000 | 22.3M |
| Common Stock Payments | -- | 0.00 | -466,000 | 0.00 |
| Financing Cash Flow | -582,000 | 8.1M | -2.5M | 34.2M |
| Cash Flow From Continuing Financing Activities | -581,000 | 8.1M | -2.5M | 34.2M |
| Changes In Cash | -171,000 | -8.3M | -10.7M | 14.9M |
| Beginning Cash Position | 585,000 | 8.9M | 19.6M | 4.7M |
| End Cash Position | 414,000 | 585,000 | 8.9M | 19.6M |
| Free Cash Flow | 411,000 | -16.8M | -8.1M | -3.5M |
| Income Tax Paid Supplemental Data | 0.00 | 0.00 | 43,000 | -- |
| Amortization Cash Flow | 2.1M | 2.0M | -- | -- |
| Amortization Of Intangibles | 2.1M | 2.0M | -- | -- |
| Asset Impairment Charge | 13.3M | 581,000 | 0.00 | -- |
| Capital Expenditure Reported | -3.7M | -17.1M | -7.3M | -1.6M |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | -- |
| Change In Prepaid Assets | 299,000 | -47,000 | -- | -- |
| Common Stock Issuance | -- | -- | 0.00 | 22.3M |
| Depreciation | 2.7M | 1.6M | -- | -- |
| Earnings Losses From Equity Investments | 606,000 | 104,000 | 138,000 | 0.00 |
| Gain Loss On Sale Of PPE | 194,000 | 0.00 | 96,000 | 0.00 |
| Interest Paid Cff | -2.2M | -896,000 | -612,000 | -- |
| Long Term Debt Issuance | 3.3M | 10.2M | 10,000 | 7.0M |
| Long Term Debt Payments | -1.6M | -1.0M | -1.2M | -809,000 |
| Net Business Purchase And Sale | -500,000 | -1.0M | -3.2M | -14.4M |
| Net Income From Continuing Operations | -17.1M | -4.7M | -4.1M | -2.0M |
| Net Long Term Debt Issuance | 1.7M | 9.2M | -1.2M | 6.2M |
| Net Other Financing Charges | -95,000 | -171,000 | -272,000 | -2.9M |
| Net Other Investing Changes | 500,000 | 1.4M | 3.0M | -1.4M |
| Operating Gains Losses | 800,000 | 104,000 | 234,000 | -- |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 8.6M |
| Sale Of PPE | -- | 0.00 | 81,000 | 3,000 |