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 | 27.1M | 34.9M | 29.8M | 9.9M |
| Operating Revenue | 27.1M | 34.9M | 29.8M | 9.9M |
| Cost Of Revenue | 17.6M | 23.7M | 21.4M | 7.4M |
| Gross Profit | 9.6M | 11.1M | 8.3M | 2.5M |
| Selling General And Administration | 9.0M | 9.6M | 9.1M | 3.1M |
| General And Administrative Expense | 7.9M | 7.7M | 6.9M | 2.6M |
| Research And Development | 41,279 | 1.3M | 541,023 | 0.00 |
| Depreciation And Amortization In Income Statement | 4.8M | 4.0M | 1.9M | 401,433 |
| Other Operating Expenses | 6.5M | 5.3M | 4.0M | 977,290 |
| Operating Expense | 20.4M | 20.2M | 15.5M | 4.5M |
| Operating Income | -10.9M | -9.1M | -7.2M | -2.0M |
| EBIT | -10.7M | -8.5M | -4.9M | -3.3M |
| Interest Expense | 2.9M | 1.7M | 479,006 | 410,229 |
| Interest Expense Non Operating | 2.9M | 1.7M | 479,006 | 410,229 |
| Net Interest Income | -2.9M | -1.8M | -526,237 | -438,954 |
| Other Income Expense | 229,650 | 681,637 | 2.3M | -1.3M |
| Other Non Operating Income Expenses | -146,568 | 15,405 | 411,502 | 131,785 |
| Special Income Charges | 363,318 | 701,321 | 2.1M | -1.4M |
| Restructuring And Mergern Acquisition | -247,661 | -608,539 | -2.1M | -- |
| Gain On Sale Of Security | 12,900 | -35,089 | -157,460 | -25,958 |
| Pretax Income | -13.6M | -10.2M | -5.4M | -3.7M |
| Tax Provision | -283,457 | -464,216 | 71,311 | -- |
| Tax Effect Of Unusual Items | 7,845 | 30,447 | 506,078 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -13.1M | -9.5M | -4.6M | -3.7M |
| Net Income From Continuing Operation Net Minority Interest | -13.1M | -9.5M | -4.6M | -3.7M |
| Net Income Including Noncontrolling Interests | -13.3M | -9.7M | -5.4M | -3.7M |
| Minority Interests | 168,720 | 229,583 | 826,538 | 897,578 |
| Net Income Common Stockholders | -13.1M | -9.5M | -4.6M | -3.7M |
| Net Income | -13.1M | -9.5M | -4.6M | -3.7M |
| EBITDA | -5.9M | -4.5M | -3.0M | -2.9M |
| Normalized EBITDA | -6.3M | -5.1M | -5.0M | -1.5M |
| Reconciled Depreciation | 4.8M | 4.0M | 1.8M | 401,433 |
| Basic EPS | -0.04 | -0.04 | -0.02 | -0.02 |
| Diluted EPS | -0.04 | -0.04 | -0.02 | -0.02 |
| Basic Average Shares | 302.7M | 210.4M | 187.3M | 178.8M |
| Diluted Average Shares | 302.7M | 210.4M | 187.3M | 178.8M |
| Total Unusual Items | 376,218 | 666,232 | 1.9M | -1.4M |
| Total Unusual Items Excluding Goodwill | 376,218 | 666,232 | 1.9M | -1.4M |
| Tax Rate For Calcs | 0.02 | 0.05 | 0.26 | 0.00 |
| Normalized Income | -13.5M | -10.1M | -6.0M | -2.3M |
| Depreciation Amortization Depletion Income Statement | 4.8M | 4.0M | 1.9M | 401,433 |
| Depreciation Income Statement | -- | -- | 1.4M | 401,433 |
| Diluted NI Availto Com Stockholders | -13.1M | -9.5M | -4.6M | -3.7M |
| Gain On Sale Of Ppe | 115,657 | 92,782 | 9,969 | 37,006 |
| Impairment Of Capital Assets | -- | -- | 0.00 | 1.4M |
| Net Income Continuous Operations | -13.3M | -9.7M | -5.4M | -3.7M |
| Net Non Operating Interest Income Expense | -2.9M | -1.8M | -526,237 | -438,954 |
| Other Gand A | -- | 479,163 | 110,015 | 72,300 |
| Reconciled Cost Of Revenue | 17.6M | 23.7M | 21.4M | 7.4M |
| Salaries And Wages | 7.9M | 7.7M | 6.9M | 2.5M |
| Selling And Marketing Expense | 1.1M | 1.9M | 2.2M | 521,250 |
| Total Expenses | 38.0M | 43.9M | 37.0M | 11.9M |
| Total Operating Income As Reported | -10.9M | -9.1M | -6.7M | -2.0M |
| Total Other Finance Cost | 81,108 | 110,496 | 47,231 | 28,725 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 1.6M | 1.3M | 3.7M | 8.8M |
| Cash Cash Equivalents And Short Term Investments | 1.6M | 1.3M | 3.7M | 8.8M |
| Cash Financial | 1.6M | 1.3M | 3.7M | 8.8M |
| Accounts Receivable | 4.4M | 3.5M | 4.1M | 698,355 |
| Receivables | 4.5M | 3.8M | 4.3M | 698,355 |
| Inventory | 3.1M | 3.0M | 3.8M | 686,610 |
| Prepaid Assets | 2.3M | 1.6M | 1.6M | 801,134 |
| Other Current Assets | 265,153 | 436,782 | 423,348 | 27,484 |
| Current Assets | 12.0M | 10.5M | 13.8M | 11.0M |
| Gross PPE | 20.4M | 16.1M | 13.1M | 5.3M |
| Accumulated Depreciation | -8.9M | -5.4M | -2.8M | -1.1M |
| Net PPE | 11.6M | 10.6M | 10.3M | 5.3M |
| Goodwill | 20.7M | 963,604 | 963,604 | 856,957 |
| Goodwill And Other Intangible Assets | 34.3M | 5.7M | 5.1M | 2.5M |
| Other Intangible Assets | 13.5M | 4.8M | 4.1M | 1.6M |
| Investments And Advances | -- | -- | -- | 0.00 |
| Long Term Equity Investment | -- | -- | -- | 0.00 |
| Other Non Current Assets | -- | -1.00 | -1.00 | -- |
| Total Non Current Assets | 45.8M | 16.4M | 15.4M | 7.7M |
| Total Assets | 57.8M | 26.9M | 28.2M | 18.7M |
| Current Debt | 12.5M | 9.3M | 5.5M | 202,136 |
| Current Debt And Capital Lease Obligation | 13.3M | 9.9M | 5.9M | 486,787 |
| Accounts Payable | 3.8M | 2.8M | 2.8M | 1.6M |
| Payables | 3.8M | 2.8M | 2.8M | 2.2M |
| Payables And Accrued Expenses | 5.4M | 4.4M | 3.4M | 2.5M |
| Current Accrued Expenses | 1.6M | 1.5M | 592,825 | 236,806 |
| Current Deferred Revenue | 1.6M | 283,591 | 73,471 | 432,096 |
| Other Current Liabilities | 144,078 | 182,024 | 1.00 | 233,169 |
| Current Liabilities | 20.4M | 14.7M | 9.3M | 3.6M |
| Long Term Debt | 9.6M | 7.9M | 6.9M | 2.7M |
| Long Term Debt And Capital Lease Obligation | 10.8M | 8.9M | 7.7M | 3.8M |
| Long Term Capital Lease Obligation | 1.2M | 978,884 | 826,038 | 1.1M |
| Other Non Current Liabilities | 297,977 | 507,692 | 104,545 | 1.00 |
| Total Non Current Liabilities Net Minority Interest | 11.1M | 9.6M | 8.4M | 4.0M |
| Total Liabilities Net Minority Interest | 31.5M | 24.3M | 17.8M | 7.7M |
| Common Stock | 46.6M | 13.4M | 11.0M | 9.1M |
| Capital Stock | 46.9M | 13.7M | 11.3M | 9.8M |
| Additional Paid In Capital | 211,831 | 211,831 | 211,831 | 211,831 |
| Retained Earnings | -32.6M | -19.4M | -7.1M | -2.5M |
| Common Stock Equity | 27.0M | 3.0M | 11.8M | 11.3M |
| Stockholders Equity | 27.3M | 3.3M | 12.2M | 12.0M |
| Total Equity Gross Minority Interest | 26.3M | 2.5M | 10.4M | 11.1M |
| Minority Interest | -938,870 | -770,150 | -1.8M | -965,611 |
| Total Capitalization | 36.8M | 11.2M | 19.1M | 14.7M |
| Net Tangible Assets | -7.0M | -2.4M | 7.1M | 9.6M |
| Tangible Book Value | -7.3M | -2.8M | 6.8M | 8.9M |
| Working Capital | -8.4M | -4.2M | 4.4M | 7.4M |
| Invested Capital | 49.1M | 20.2M | 24.3M | 14.2M |
| Total Debt | 24.1M | 18.7M | 13.6M | 4.3M |
| Net Debt | 20.5M | 16.0M | 8.7M | -- |
| Share Issued | 468.8M | 221.3M | 203.4M | 178.8M |
| Ordinary Shares Number | 468.8M | 221.3M | 203.4M | 178.8M |
| Buildings And Improvements | 3.2M | 2.3M | 1.4M | -- |
| Capital Lease Obligations | 2.0M | 1.5M | 1.2M | 1.4M |
| Construction In Progress | 1.2M | 483,269 | 102,235 | -- |
| Current Capital Lease Obligation | 765,498 | 542,298 | 325,950 | 284,651 |
| Current Deferred Liabilities | 1.6M | 283,591 | 73,471 | 442,096 |
| Finished Goods | -- | 3.0M | 3.8M | -- |
| Investmentin Financial Assets | -- | -- | -- | 0.00 |
| Investmentsin Associatesat Cost | -- | -- | -- | 0.00 |
| Leases | 1.3M | 405,975 | 400,725 | 17,695 |
| Line Of Credit | 0.00 | 6.0M | 3.2M | -- |
| Machinery Furniture Equipment | 11.2M | 10.3M | 8.5M | 4.3M |
| Non Current Deferred Liabilities | 0.00 | 283,130 | 619,511 | 260,319 |
| Non Current Deferred Taxes Liabilities | 0.00 | 283,130 | 619,511 | 260,319 |
| Other Current Borrowings | 12.5M | 3.4M | 2.4M | 202,136 |
| Other Equity Interest | 12.7M | 8.8M | 7.8M | 4.5M |
| Other Payable | -- | -- | 523,120 | 885,138 |
| Other Properties | 3.5M | 2.6M | 2.7M | 5.3M |
| Other Receivables | 75,760 | 269,880 | 73,523 | -- |
| Preferred Stock | 286,188 | 351,764 | 352,634 | 704,322 |
| Preferred Stock Equity | 286,188 | 351,764 | 352,634 | 704,322 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Receivables Adjustments Allowances | 0.00 | -17,566 | 0.00 | -- |
| Restricted Cash | 244,908 | 425,659 | -- | -- |
| Taxes Receivable | 0.00 | 56,778 | 200,000 | -- |
| Total Tax Payable | -- | -- | -318,460 | -226,419 |
| Treasury Shares Number | -- | 0.00 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -12.4M | -2.1M | -7.1M | -1.6M |
| Cash Flow From Continuing Operating Activities | -12.4M | -2.1M | -7.1M | -1.6M |
| Depreciation And Amortization | 4.8M | 4.0M | 1.8M | 401,433 |
| Depreciation Amortization Depletion | 4.8M | 4.0M | 1.8M | 401,433 |
| Stock Based Compensation | 531,028 | 723,804 | 1.2M | 459,152 |
| Deferred Tax | -283,457 | -464,216 | 71,311 | -- |
| Deferred Income Tax | -283,457 | -464,216 | 71,311 | -- |
| Change In Working Capital | -6.8M | 2.2M | -3.7M | -283,156 |
| Change In Receivables | -139,429 | 195,508 | -918,417 | 185,640 |
| Change In Inventory | -120,045 | 778,399 | -541,251 | -226,646 |
| Change In Payables And Accrued Expense | 700,397 | 835,637 | -646,988 | 901,765 |
| Change In Other Working Capital | 373,839 | 72,418 | -358,625 | -474,611 |
| Change In Other Current Liabilities | -7.3M | 169,317 | -936,357 | -165,860 |
| Other Non Cash Items | 2.7M | 1.2M | -1.2M | 112,127 |
| Capital Expenditure | -1.4M | -1.7M | -73,216 | -277,808 |
| Purchase Of PPE | -1.4M | -1.7M | -73,216 | -254,343 |
| Net PPE Purchase And Sale | -1.4M | -1.7M | 48,434 | -254,343 |
| Purchase Of Business | -- | -299,000 | -943,548 | -1.3M |
| Sale Of Business | 782,894 | -- | -- | -- |
| Investing Cash Flow | -664,714 | -2.0M | -895,114 | -1.6M |
| Cash Flow From Continuing Investing Activities | -664,714 | -2.0M | -895,114 | -1.6M |
| Issuance Of Debt | 15.0M | 6.2M | 2.6M | 4.1M |
| Repayment Of Debt | -3.9M | -4.5M | -3.2M | -286,467 |
| Net Issuance Payments Of Debt | 11.1M | 1.7M | -510,596 | 3.8M |
| Issuance Of Capital Stock | 2.3M | 0.00 | 3.7M | 0.00 |
| Repurchase Of Capital Stock | -65,576 | -870.00 | -351,688 | 0.00 |
| Net Common Stock Issuance | 2.3M | 0.00 | 3.7M | 0.00 |
| Financing Cash Flow | 13.4M | 1.7M | 2.9M | 11.8M |
| Cash Flow From Continuing Financing Activities | 13.4M | 1.7M | 2.9M | 11.8M |
| Changes In Cash | 302,166 | -2.4M | -5.1M | 8.6M |
| Beginning Cash Position | 1.3M | 3.7M | 8.8M | 189,973 |
| End Cash Position | 1.6M | 1.3M | 3.7M | 8.8M |
| Free Cash Flow | -13.9M | -3.8M | -7.1M | -1.9M |
| Amortization Cash Flow | 1.1M | 871,167 | -- | -- |
| Amortization Of Intangibles | 1.1M | 871,167 | -- | -- |
| Asset Impairment Charge | -- | 0.00 | 17,162 | 1.4M |
| Change In Prepaid Assets | -241,906 | 197,976 | -251,711 | -503,444 |
| Common Stock Issuance | 2.3M | 0.00 | 3.7M | 0.00 |
| Depreciation | 3.7M | 3.2M | 1.4M | 401,433 |
| Gain Loss On Sale Of PPE | -115,657 | -92,782 | -414.00 | 37,006 |
| Interest Paid Cfo | -- | 165,057 | 136,520 | -- |
| Long Term Debt Issuance | 15.0M | 6.2M | 2.6M | 4.1M |
| Long Term Debt Payments | -3.9M | -4.5M | -3.2M | -286,467 |
| Net Business Purchase And Sale | 782,894 | -299,000 | -943,548 | -1.3M |
| Net Foreign Currency Exchange Gain Loss | -- | -- | 0.00 | -19,874 |
| Net Income From Continuing Operations | -13.3M | -9.7M | -5.4M | -3.7M |
| Net Intangibles Purchase And Sale | -70,972 | 0.00 | 0.00 | -23,465 |
| Net Long Term Debt Issuance | 11.1M | 1.7M | -510,596 | 3.8M |
| Net Other Financing Charges | -- | -- | -- | -30,000 |
| Net Preferred Stock Issuance | -65,576 | -870.00 | -351,688 | 0.00 |
| Operating Gains Losses | -115,657 | -92,782 | -414.00 | 17,132 |
| Preferred Stock Payments | -65,576 | -870.00 | -351,688 | 0.00 |
| Proceeds From Stock Option Exercised | 27,778 | 0.00 | 5,063 | 8.0M |
| Purchase Of Intangibles | -70,972 | 0.00 | 0.00 | -23,465 |
| Sale Of PPE | -- | -- | 48,434 | -- |
| Unrealized Gain Loss On Investment Securities | -- | -- | -- | 0.00 |