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 | 13.8M | 9.4M | 13.2M | 9.2M |
| Operating Revenue | 13.8M | 9.4M | 13.2M | 9.2M |
| Cost Of Revenue | 12.0M | 9.0M | 11.5M | 7.1M |
| Gross Profit | 1.9M | 349,301 | 1.7M | 2.1M |
| Selling General And Administration | 2.0M | 2.1M | 2.6M | 2.0M |
| General And Administrative Expense | 2.0M | 2.1M | 2.6M | 2.0M |
| Other Operating Expenses | -158,002 | -107,575 | 278,188 | 253,802 |
| Operating Expense | 1.8M | 2.0M | 2.9M | 2.2M |
| Operating Income | 61,819 | -1.6M | -1.3M | -142,376 |
| EBIT | 147,500 | -1.3M | -914,355 | -142,376 |
| Interest Expense | 1.3M | 872,178 | 203,192 | -- |
| Interest Expense Non Operating | 1.3M | 872,178 | 203,192 | -- |
| Interest Income | -- | -872,178 | -203,192 | -245,457 |
| Interest Income Non Operating | -- | -872,178 | -203,192 | -245,457 |
| Net Interest Income | -1.8M | -872,178 | -203,192 | -1.0M |
| Other Income Expense | 521,908 | 334,755 | 338,837 | 4.4M |
| Other Non Operating Income Expenses | -442,458 | -106,343 | -337,210 | -589,254 |
| Special Income Charges | 779,498 | 0.00 | -500,000 | 0.00 |
| Gain On Sale Of Security | 184,868 | 441,098 | 1.2M | 5.0M |
| Pretax Income | -1.2M | -2.1M | -1.1M | 3.2M |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -1.2M | -2.1M | -970,440 | -1.4M |
| Net Income From Continuing Operation Net Minority Interest | -1.2M | -2.1M | -1.1M | 3.2M |
| Net Income Including Noncontrolling Interests | -1.2M | -2.1M | -970,440 | -1.4M |
| Net Income Common Stockholders | -1.2M | -2.1M | -970,440 | -1.4M |
| Net Income | -1.2M | -2.1M | -970,440 | -1.4M |
| EBITDA | 1.3M | -486,732 | 171,274 | 508,622 |
| Normalized EBITDA | 293,693 | -927,830 | -504,773 | -4.5M |
| Reconciled Depreciation | 1.1M | 790,912 | 1.1M | 650,998 |
| Basic EPS | -0.02 | -0.03 | -0.01 | -0.02 |
| Diluted EPS | -0.02 | -0.03 | -0.01 | -0.02 |
| Basic Average Shares | 71.3M | 71.3M | 71.3M | 60.9M |
| Diluted Average Shares | 71.3M | 71.3M | 71.3M | 62.9M |
| Total Unusual Items | 964,366 | 441,098 | 676,047 | 5.0M |
| Total Unusual Items Excluding Goodwill | 964,366 | 441,098 | 676,047 | 5.0M |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -2.1M | -2.6M | -1.8M | -1.8M |
| Diluted NI Availto Com Stockholders | -1.2M | -2.1M | -970,440 | -1.4M |
| Net Income Continuous Operations | -1.2M | -2.1M | -1.1M | 3.2M |
| Net Income Discontinuous Operations | -- | 0.00 | 147,107 | -4.6M |
| Net Non Operating Interest Income Expense | -1.8M | -872,178 | -203,192 | -1.0M |
| Other Gand A | 2.0M | 2.0M | 2.6M | 1.9M |
| Other Special Charges | -779,498 | 106,343 | 500,000 | -- |
| Provision For Doubtful Accounts | -- | -- | -- | 0.00 |
| Reconciled Cost Of Revenue | 12.0M | 9.0M | 11.5M | 7.1M |
| Salaries And Wages | 0.00 | 57,867 | 85,626 | 40,362 |
| Total Expenses | 13.8M | 11.0M | 14.4M | 9.4M |
| Total Other Finance Cost | 436,227 | -- | -- | 804,290 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 335,462 | 113,213 | 639,033 | 889,561 |
| Cash Cash Equivalents And Short Term Investments | 335,462 | 113,213 | 639,033 | 889,561 |
| Cash Financial | -- | 113,213 | 639,033 | 889,561 |
| Accounts Receivable | 470,670 | 86,354 | 762,677 | 184,465 |
| Receivables | 1.4M | 736,762 | 923,643 | 450,097 |
| Inventory | 438,798 | 255,003 | 444,182 | 446,786 |
| Prepaid Assets | 332,548 | 105,522 | 38,984 | 70,845 |
| Current Assets | 2.5M | 1.2M | 2.0M | 20.1M |
| Gross PPE | 48.1M | 44.9M | 43.5M | 126.5M |
| Accumulated Depreciation | -4.9M | -3.8M | -3.0M | -75.4M |
| Net PPE | 43.2M | 41.2M | 40.6M | 41.8M |
| Other Non Current Assets | -- | -- | -- | -12.5M |
| Total Non Current Assets | 43.2M | 41.2M | 40.6M | 41.8M |
| Total Assets | 45.7M | 42.4M | 42.6M | 62.0M |
| Current Debt | 2.3M | 4.5M | 3.0M | 2.3M |
| Current Debt And Capital Lease Obligation | 2.3M | 4.5M | 3.0M | 2.3M |
| Accounts Payable | 3.4M | 3.5M | 3.4M | 2.3M |
| Payables | 3.4M | 3.5M | 3.4M | 2.3M |
| Payables And Accrued Expenses | 4.5M | 4.4M | 3.9M | 2.5M |
| Current Accrued Expenses | 1.1M | 906,323 | 494,192 | 229,065 |
| Current Deferred Revenue | 517,936 | 0.00 | -- | -- |
| Other Current Liabilities | -- | -- | -- | 18.3M |
| Current Liabilities | 7.3M | 9.0M | 6.9M | 23.1M |
| Long Term Debt | 1.6M | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 1.6M | -- | -- | 0.00 |
| Long Term Capital Lease Obligation | -- | -- | -- | 0.00 |
| Total Non Current Liabilities Net Minority Interest | 8.3M | 2.1M | 2.4M | 4.6M |
| Total Liabilities Net Minority Interest | 15.6M | 11.1M | 9.3M | 27.7M |
| Common Stock | 58.4M | 58.1M | 58.1M | 58.1M |
| Capital Stock | 58.4M | 58.1M | 58.1M | 58.1M |
| Retained Earnings | -30.9M | -29.8M | -27.6M | -26.7M |
| Gains Losses Not Affecting Retained Earnings | 2.6M | 2.9M | 2.8M | 2.7M |
| Common Stock Equity | 30.1M | 31.3M | 33.3M | 34.2M |
| Stockholders Equity | 30.1M | 31.3M | 33.3M | 34.2M |
| Total Equity Gross Minority Interest | 30.1M | 31.3M | 33.3M | 34.2M |
| Total Capitalization | 31.7M | 31.3M | 33.3M | 34.2M |
| Net Tangible Assets | 30.1M | 31.3M | 33.3M | 34.2M |
| Tangible Book Value | 30.1M | 31.3M | 33.3M | 34.2M |
| Working Capital | -4.8M | -7.8M | -4.8M | -3.0M |
| Invested Capital | 34.0M | 35.8M | 36.4M | 36.5M |
| Total Debt | 3.9M | 4.5M | 3.0M | 2.3M |
| Net Debt | 3.6M | 4.4M | 2.4M | 1.4M |
| Share Issued | 71.8M | 71.3M | 71.3M | 71.3M |
| Ordinary Shares Number | 71.8M | 71.3M | 71.3M | 71.3M |
| Assets Held For Sale Current | -- | -- | 0.00 | 18.3M |
| Capital Lease Obligations | -- | -- | -- | 0.00 |
| Construction In Progress | -- | 0.00 | 567,912 | 109.0M |
| Current Capital Lease Obligation | -- | -- | -- | 0.00 |
| Current Deferred Liabilities | 517,936 | 0.00 | -- | -- |
| Current Notes Payable | 0.00 | 1.5M | 0.00 | 0.00 |
| Derivative Product Liabilities | -- | 0.00 | 253,597 | 1.1M |
| Finished Goods | 117,103 | 85,441 | 138,800 | 96,785 |
| Line Of Credit | 2.3M | 3.1M | 3.0M | 2.2M |
| Long Term Provisions | 1.9M | 2.1M | 2.1M | 3.5M |
| Machinery Furniture Equipment | 10.9M | 8.3M | 8.2M | 16.8M |
| Non Current Deferred Liabilities | 4.8M | 0.00 | -- | -- |
| Non Current Deferred Revenue | 4.8M | 0.00 | -- | -- |
| Other Current Borrowings | -- | -- | -- | 164,952 |
| Other Receivables | 80,959 | 143,102 | 119,823 | 208,676 |
| Properties | 37.1M | 36.6M | 34.8M | 723,653 |
| Raw Materials | 321,695 | 169,562 | 305,382 | 350,001 |
| Taxes Receivable | 848,712 | 507,306 | 41,143 | 56,956 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 4.5M | -18,758 | 1.1M | 7.1M |
| Cash Flow From Continuing Operating Activities | 4.5M | -18,758 | 430,649 | 1.2M |
| Depreciation And Amortization | -- | -- | 1.1M | 650,998 |
| Depreciation Amortization Depletion | 1.1M | 790,912 | 1.1M | 650,998 |
| Stock Based Compensation | 0.00 | 57,867 | 85,626 | 40,362 |
| Change In Working Capital | -942,565 | 987,913 | 1.1M | 471,123 |
| Change In Receivables | -945,719 | 102,037 | -446,448 | 104,488 |
| Change In Inventory | -186,851 | 163,684 | -25,757 | -229,558 |
| Change In Payables And Accrued Expense | 190,005 | 722,192 | 1.5M | 596,193 |
| Change In Payable | 190,005 | 722,192 | 1.5M | 596,193 |
| Other Non Cash Items | 6.5M | 764,604 | 536,380 | 1.2M |
| Capital Expenditure | -3.2M | -1.2M | -1.2M | -9.9M |
| Purchase Of PPE | -3.2M | -1.2M | -1.2M | -9.9M |
| Net PPE Purchase And Sale | -3.2M | -1.2M | -1.2M | -9.9M |
| Investing Cash Flow | -3.2M | -1.2M | -1.6M | -15.3M |
| Cash Flow From Continuing Investing Activities | -3.2M | -1.2M | -1.2M | -9.9M |
| Issuance Of Debt | 200,000 | 1.0M | 3.0M | -- |
| Repayment Of Debt | -900,000 | 0.00 | -2.3M | -2.7M |
| Net Issuance Payments Of Debt | -700,000 | 1.0M | 679,107 | -2.7M |
| Issuance Of Capital Stock | -- | -- | 0.00 | 8.0M |
| Net Common Stock Issuance | -- | -- | 0.00 | 8.0M |
| Financing Cash Flow | -1.1M | 649,562 | 252,151 | 4.2M |
| Cash Flow From Continuing Financing Activities | -1.1M | 649,562 | 501,010 | 5.6M |
| Effect Of Exchange Rate Changes | -1,439 | -2,993 | 55,889 | -51,692 |
| Changes In Cash | 223,688 | -522,827 | -158,164 | -4.0M |
| Beginning Cash Position | 113,213 | 639,033 | 963,350 | 5.0M |
| End Cash Position | 335,462 | 113,213 | 639,033 | 963,350 |
| Free Cash Flow | 1.4M | -1.2M | -92,578 | -2.8M |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash From Discontinued Financing Activities | -- | 0.00 | -248,859 | -1.4M |
| Cash From Discontinued Investing Activities | -- | 0.00 | -317,737 | -5.4M |
| Cash From Discontinued Operating Activities | -- | 0.00 | 714,765 | 5.9M |
| Common Stock Issuance | -- | -- | 0.00 | 8.0M |
| Gain Loss On Investment Securities | -- | -253,597 | -885,665 | -4.5M |
| Interest Paid Cff | -439,449 | -350,438 | -178,097 | -205,443 |
| Long Term Debt Issuance | 200,000 | 1.0M | -- | -- |
| Long Term Debt Payments | -900,000 | 0.00 | -- | -2.6M |
| Net Foreign Currency Exchange Gain Loss | -151,146 | -216,635 | -290,382 | 118,005 |
| Net Income From Continuing Operations | -1.2M | -2.1M | -1.1M | 3.2M |
| Net Long Term Debt Issuance | -700,000 | 1.0M | -- | -2.6M |
| Net Other Financing Charges | -- | -- | 3.0M | -35,352 |
| Net Short Term Debt Issuance | -- | 1.0M | 679,107 | -2.7M |
| Operating Gains Losses | -930,644 | -470,232 | -1.2M | -4.4M |
| Other Cash Adjustment Outside Changein Cash | -- | 0.00 | -222,042 | -- |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 494,767 |
| Provisionand Write Offof Assets | -- | -70,954 | -51,591 | 0.00 |
| Sale Of PPE | -- | -- | -- | 6.9M |
| Short Term Debt Issuance | -- | 1.0M | 3.0M | -- |
| Short Term Debt Payments | -- | 0.00 | -2.3M | -2.7M |