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 | -- | 0.00 | 58,000 | 98,000 |
| Gross Profit | -- | 0.00 | -58,000 | -98,000 |
| Selling General And Administration | 17.0M | 17.6M | 10.4M | 5.8M |
| General And Administrative Expense | 17.0M | 17.6M | 10.4M | 5.8M |
| Other Operating Expenses | -- | -- | 440,000 | 484,000 |
| Operating Expense | 17.0M | 17.6M | 10.4M | 6.3M |
| Operating Income | -17.0M | -17.6M | -10.5M | -6.4M |
| EBIT | -4.5M | -8.0M | -9.6M | -3.7M |
| Interest Expense | 8.1M | 5.6M | 176,000 | 0.00 |
| Interest Expense Non Operating | 8.1M | 5.6M | 176,000 | 0.00 |
| Interest Income | 12.3M | 4.1M | 736,000 | 145,000 |
| Interest Income Non Operating | 12.3M | 4.1M | 736,000 | 145,000 |
| Net Interest Income | 4.2M | -1.5M | 560,000 | 145,000 |
| Other Income Expense | 185,000 | 5.5M | 128,000 | 2.5M |
| Other Non Operating Income Expenses | 11.0M | 5.1M | 152,000 | 2.5M |
| Gain On Sale Of Security | -10.8M | 447,000 | -24,000 | -10,000 |
| Pretax Income | -12.6M | -13.6M | -9.8M | -3.7M |
| Tax Provision | 6.3M | 0.00 | 0.00 | 673,000 |
| Tax Effect Of Unusual Items | -1.6M | 0.00 | 0.00 | -2,650 |
| Net Income From Continuing And Discontinued Operation | -18.9M | -13.6M | -9.8M | -4.4M |
| Net Income From Continuing Operation Net Minority Interest | -18.9M | -13.6M | -9.8M | -4.4M |
| Net Income Including Noncontrolling Interests | -18.9M | -13.6M | -9.8M | -4.4M |
| Net Income Common Stockholders | -18.9M | -13.6M | -9.8M | -4.4M |
| Net Income | -18.9M | -13.6M | -9.8M | -4.4M |
| EBITDA | -4.5M | -8.0M | -9.6M | -3.6M |
| Normalized EBITDA | 6.3M | -8.5M | -9.5M | -3.6M |
| Reconciled Depreciation | -- | 0.00 | 58,000 | 98,000 |
| Basic EPS | -0.05 | -0.05 | -0.04 | -0.02 |
| Diluted EPS | -0.05 | -0.05 | -0.04 | -0.02 |
| Basic Average Shares | 365.9M | 280.4M | 242.5M | 200.6M |
| Diluted Average Shares | 365.9M | 280.4M | 242.5M | 200.6M |
| Total Unusual Items | -10.8M | 447,000 | -24,000 | -10,000 |
| Total Unusual Items Excluding Goodwill | -10.8M | 447,000 | -24,000 | -10,000 |
| Tax Rate For Calcs | 0.15 | 0.00 | 0.00 | 0.27 |
| Normalized Income | -9.7M | -14.1M | -9.8M | -4.4M |
| Diluted NI Availto Com Stockholders | -18.9M | -13.6M | -9.8M | -4.4M |
| Net Income Continuous Operations | -18.9M | -13.6M | -9.8M | -4.4M |
| Net Non Operating Interest Income Expense | 4.2M | -1.5M | 560,000 | 145,000 |
| Other Gand A | 7.7M | 8.1M | 3.7M | 1.8M |
| Reconciled Cost Of Revenue | -- | 0.00 | 58,000 | 98,000 |
| Salaries And Wages | 9.3M | 9.5M | 6.7M | 4.0M |
| Total Expenses | 17.0M | 17.6M | 10.5M | 6.4M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 363.6M | 266.5M | 87.3M | 84.0M |
| Cash Cash Equivalents And Short Term Investments | 363.6M | 266.5M | 87.3M | 84.0M |
| Accounts Receivable | 5.0M | 2.1M | 802,000 | 1.3M |
| Receivables | 5.0M | 2.1M | 802,000 | 1.3M |
| Prepaid Assets | 2.8M | 2.2M | 241,000 | 252,000 |
| Current Assets | 371.4M | 270.7M | 88.4M | 85.6M |
| Gross PPE | 629.2M | 258.2M | 141.3M | 89.1M |
| Accumulated Depreciation | -1.7M | -- | -- | -- |
| Net PPE | 627.5M | 258.2M | 141.3M | 89.1M |
| Goodwill And Other Intangible Assets | 10.7M | 0.00 | -- | -- |
| Other Intangible Assets | 10.7M | -- | -- | -- |
| Investments And Advances | 154,000 | 566,000 | 163,000 | 204,000 |
| Long Term Equity Investment | 154,000 | 566,000 | 163,000 | 204,000 |
| Other Non Current Assets | 142.2M | 4.3M | 4.3M | -- |
| Total Non Current Assets | 784.9M | 271.8M | 148.4M | 89.3M |
| Total Assets | 1.2B | 542.5M | 236.7M | 174.9M |
| Current Debt And Capital Lease Obligation | 5.8M | 244,000 | 600,000 | 778,000 |
| Payables And Accrued Expenses | 66.7M | 30.2M | 8.9M | 9.6M |
| Other Current Liabilities | 7.9M | 7.1M | -- | -- |
| Current Liabilities | 88.2M | 45.2M | 14.7M | 13.7M |
| Long Term Debt | 261.6M | 38.2M | 33.5M | -- |
| Long Term Debt And Capital Lease Obligation | 262.4M | 38.2M | 33.5M | 312,000 |
| Long Term Capital Lease Obligation | 721,000 | 0.00 | 0.00 | 312,000 |
| Total Non Current Liabilities Net Minority Interest | 272.4M | 39.3M | 34.3M | 812,000 |
| Total Liabilities Net Minority Interest | 360.6M | 84.4M | 49.0M | 14.5M |
| Common Stock | 874.0M | 520.9M | 240.6M | 205.8M |
| Capital Stock | 874.0M | 520.9M | 240.6M | 205.8M |
| Retained Earnings | -92.0M | -73.1M | -59.5M | -49.7M |
| Gains Losses Not Affecting Retained Earnings | -52,000 | 111,000 | 58,000 | 99,000 |
| Other Equity Adjustments | -52,000 | 111,000 | 58,000 | 99,000 |
| Common Stock Equity | 795.7M | 458.1M | 187.7M | 160.4M |
| Stockholders Equity | 795.7M | 458.1M | 187.7M | 160.4M |
| Total Equity Gross Minority Interest | 795.7M | 458.1M | 187.7M | 160.4M |
| Total Capitalization | 1.1B | 496.3M | 221.2M | 160.4M |
| Net Tangible Assets | 784.9M | 458.1M | 187.7M | 160.4M |
| Tangible Book Value | 784.9M | 458.1M | 187.7M | 160.4M |
| Working Capital | 283.2M | 225.6M | 73.7M | 71.9M |
| Invested Capital | 1.1B | 496.3M | 221.2M | 160.4M |
| Total Debt | 268.2M | 38.5M | 34.1M | 1.1M |
| Share Issued | 420.9M | 332.5M | 256.2M | 265.3M |
| Ordinary Shares Number | 420.9M | 332.5M | 256.2M | 265.3M |
| Available For Sale Securities | -- | -- | -- | 204,000 |
| Capital Lease Obligations | 901,000 | 244,000 | 600,000 | 1.1M |
| Construction In Progress | 10.7M | 0.00 | -- | -- |
| Current Capital Lease Obligation | 180,000 | 244,000 | 600,000 | 778,000 |
| Current Deferred Liabilities | -- | 7.7M | 5.2M | 3.3M |
| Investmentin Financial Assets | -- | -- | -- | 204,000 |
| Long Term Provisions | 4.4M | 1.0M | 843,000 | 500,000 |
| Non Current Deferred Assets | 2.6M | 0.00 | -- | -- |
| Non Current Deferred Liabilities | 5.7M | 0.00 | -- | -- |
| Non Current Deferred Taxes Assets | 2.6M | 0.00 | -- | -- |
| Non Current Deferred Taxes Liabilities | 5.7M | 0.00 | -- | -- |
| Non Current Prepaid Assets | 1.6M | 8.7M | 2.6M | 11,000 |
| Other Equity Interest | 13.7M | 10.1M | 6.5M | 4.1M |
| Other Properties | 901,000 | 258.2M | 141.3M | 89.1M |
| Pensionand Other Post Retirement Benefit Plans Current | 7.8M | -- | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -1.0M | -6.3M | -2.0M | -4.4M |
| Cash Flow From Continuing Operating Activities | -1.0M | -6.3M | -2.0M | -4.4M |
| Depreciation And Amortization | -- | 0.00 | 58,000 | 98,000 |
| Depreciation Amortization Depletion | -- | 0.00 | 58,000 | 98,000 |
| Stock Based Compensation | 4.4M | 6.0M | 3.8M | 2.9M |
| Deferred Tax | 6.3M | 0.00 | 0.00 | 673,000 |
| Deferred Income Tax | 6.3M | 0.00 | 0.00 | 673,000 |
| Change In Working Capital | -3.7M | 2.1M | 3.9M | -1.2M |
| Changes In Account Receivables | -1.8M | -793,000 | 533,000 | -1.3M |
| Change In Receivables | -1.8M | -793,000 | 533,000 | -1.3M |
| Change In Payables And Accrued Expense | -1.9M | 3.0M | 3.4M | 324,000 |
| Other Non Cash Items | -2.8M | 430,000 | 176,000 | -2.5M |
| Capital Expenditure | -195.9M | -- | -57.5M | -35.9M |
| Purchase Of PPE | -195.9M | 0.00 | -- | -35.9M |
| Net PPE Purchase And Sale | -195.9M | 0.00 | -- | -35.9M |
| Purchase Of Investment | 0.00 | -350,000 | 0.00 | -- |
| Sale Of Investment | 249,000 | 0.00 | -- | -- |
| Net Investment Purchase And Sale | 249,000 | -350,000 | 0.00 | -- |
| Investing Cash Flow | -458.0M | -105.4M | -61.8M | -35.9M |
| Cash Flow From Continuing Investing Activities | -458.0M | -105.4M | -61.8M | -35.9M |
| Issuance Of Debt | 197.1M | 0.00 | 33.5M | 0.00 |
| Repayment Of Debt | -1.5M | -448,000 | -649,000 | -848,000 |
| Net Issuance Payments Of Debt | 195.6M | -448,000 | 32.8M | -848,000 |
| Issuance Of Capital Stock | 361.0M | 300.0M | 0.00 | 125.0M |
| Net Common Stock Issuance | 361.0M | 300.0M | 0.00 | 125.0M |
| Financing Cash Flow | 554.7M | 290.4M | 67.2M | 123.3M |
| Cash Flow From Continuing Financing Activities | 554.7M | 290.4M | 67.2M | 123.3M |
| Effect Of Exchange Rate Changes | 1.5M | 501,000 | -78,000 | 0.00 |
| Changes In Cash | 95.7M | 178.7M | 3.4M | 82.9M |
| Beginning Cash Position | 266.5M | 87.3M | 84.0M | 1.1M |
| End Cash Position | 363.6M | 266.5M | 87.3M | 84.0M |
| Free Cash Flow | -197.0M | -6.3M | -2.0M | -4.4M |
| Capital Expenditure Reported | -- | -- | -57.5M | -35.9M |
| Cash Dividends Paid | 0.00 | 0.00 | -- | -- |
| Change In Prepaid Assets | 29,000 | -133,000 | 11,000 | -210,000 |
| Common Stock Issuance | 361.0M | 300.0M | 0.00 | 125.0M |
| Depreciation | -- | 0.00 | 58,000 | 98,000 |
| Gain Loss On Sale Of PPE | 0.00 | 143,000 | 0.00 | -- |
| Interest Paid Cff | -465,000 | 0.00 | -- | -- |
| Long Term Debt Issuance | 197.1M | 0.00 | 33.5M | 0.00 |
| Long Term Debt Payments | -1.5M | -448,000 | -649,000 | -848,000 |
| Net Foreign Currency Exchange Gain Loss | 13.7M | -1.4M | -113,000 | 0.00 |
| Net Income From Continuing Operations | -18.9M | -13.6M | -9.8M | -4.4M |
| Net Long Term Debt Issuance | 195.6M | -448,000 | 32.8M | -848,000 |
| Net Other Financing Charges | -4.0M | -10.5M | -- | -1.8M |
| Net Other Investing Changes | -262.3M | -105.1M | -61.8M | -35.9M |
| Operating Gains Losses | 13.7M | -1.2M | -113,000 | 419,000 |
| Pension And Employee Benefit Expense | -- | -- | -- | 419,000 |
| Proceeds From Stock Option Exercised | 2.6M | 1.3M | 34.3M | 964,000 |