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 | 145.0M | 161.2M | 213.7M | 129.0M |
| Operating Revenue | 145.0M | 161.2M | 213.7M | 129.0M |
| Cost Of Revenue | 135.4M | 153.5M | 208.3M | 121.6M |
| Gross Profit | 9.6M | 7.7M | 5.4M | 7.4M |
| Selling General And Administration | 12.5M | 12.6M | 7.9M | 3.8M |
| General And Administrative Expense | 12.5M | 12.6M | 7.9M | 3.8M |
| Depreciation And Amortization In Income Statement | 6.1M | 5.1M | 5.5M | 5.4M |
| Other Operating Expenses | 291,000 | 284,000 | 71,000 | 272,000 |
| Operating Expense | 18.9M | 17.9M | 13.4M | 9.5M |
| Operating Income | -9.2M | -10.3M | -8.0M | -2.1M |
| EBIT | -18.2M | 5.8M | -9.4M | -3.9M |
| Interest Expense | 2.5M | 2.1M | 904,000 | 698,000 |
| Interest Expense Non Operating | 2.5M | 2.1M | 904,000 | 698,000 |
| Interest Income | -- | -- | 0.00 | 71,000 |
| Interest Income Non Operating | -- | -- | 0.00 | 71,000 |
| Net Interest Income | -2.6M | -2.2M | -1.0M | -698,000 |
| Other Income Expense | -9.0M | 16.2M | -1.3M | -1.8M |
| Other Non Operating Income Expenses | -1.3M | 6.7M | -- | -- |
| Special Income Charges | -501,000 | 10.1M | -3.0M | -1.8M |
| Restructuring And Mergern Acquisition | -- | -- | 0.00 | 2.1M |
| Gain On Sale Of Security | 316,000 | 80,000 | 1.7M | -- |
| Earnings From Equity Interest | -7.5M | -784,000 | 0.00 | -- |
| Pretax Income | -20.8M | 3.7M | -10.3M | -4.6M |
| Tax Provision | 1.4M | 2.4M | -981,000 | -4.0M |
| Tax Effect Of Unusual Items | -27,750 | 4.1M | -127,771 | -484,950 |
| Net Income From Continuing And Discontinued Operation | -22.0M | 1.3M | -9.3M | -796,000 |
| Net Income From Continuing Operation Net Minority Interest | -22.0M | 1.3M | -9.3M | -796,000 |
| Net Income Including Noncontrolling Interests | -22.1M | 1.3M | -9.4M | -642,000 |
| Minority Interests | 143,000 | 30,000 | 21,000 | -154,000 |
| Net Income Common Stockholders | -22.0M | 1.3M | -9.3M | -796,000 |
| Net Income | -22.0M | 1.3M | -9.3M | -796,000 |
| EBITDA | -12.2M | 10.9M | -4.0M | 1.4M |
| Normalized EBITDA | -12.0M | 633,000 | -2.6M | 3.3M |
| Reconciled Depreciation | 6.1M | 5.1M | 5.5M | 5.4M |
| Basic EPS | -1.03 | 0.06 | -0.46 | -0.05 |
| Diluted EPS | -1.03 | 0.06 | -0.46 | -0.05 |
| Basic Average Shares | 21.4M | 20.8M | 20.3M | 16.3M |
| Diluted Average Shares | 21.4M | 21.5M | 20.4M | 16.5M |
| Total Unusual Items | -185,000 | 10.2M | -1.3M | -1.8M |
| Total Unusual Items Excluding Goodwill | -185,000 | 10.2M | -1.3M | -1.8M |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.09 | 0.27 |
| Normalized Income | -21.8M | -4.8M | -8.1M | 549,050 |
| Depreciation Amortization Depletion Income Statement | 6.1M | 5.1M | 5.5M | 5.4M |
| Diluted NI Availto Com Stockholders | -22.0M | 1.3M | -9.3M | -796,000 |
| Gain On Sale Of Business | 0.00 | 10.1M | 0.00 | -- |
| Gain On Sale Of Ppe | -- | -- | -- | 0.00 |
| Impairment Of Capital Assets | 501,000 | 0.00 | 3.0M | 0.00 |
| Net Income Continuous Operations | -22.1M | 1.3M | -9.4M | -642,000 |
| Net Non Operating Interest Income Expense | -2.6M | -2.2M | -1.0M | -698,000 |
| Other Gand A | 3.9M | 4.7M | 3.7M | 1.9M |
| Other Special Charges | -- | -- | -- | -257,000 |
| Reconciled Cost Of Revenue | 135.4M | 153.5M | 208.3M | 121.6M |
| Salaries And Wages | 8.7M | 7.9M | 4.2M | 1.9M |
| Total Expenses | 154.3M | 171.4M | 221.7M | 131.1M |
| Total Operating Income As Reported | -5.1M | -4.7M | -5.5M | -1.8M |
| Total Other Finance Cost | 33,000 | 144,000 | 111,000 | 71,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 1.6M | 1.6M | 2.7M | 4.5M |
| Cash Cash Equivalents And Short Term Investments | 1.6M | 1.6M | 3.1M | 4.5M |
| Other Short Term Investments | -- | 0.00 | 429,000 | 0.00 |
| Accounts Receivable | 15.7M | 12.9M | 16.9M | 3.4M |
| Receivables | 16.5M | 14.0M | 18.4M | 17.2M |
| Inventory | 979,000 | 857,000 | 2.1M | 1.0M |
| Prepaid Assets | 1.1M | 1.4M | 2.2M | 778,000 |
| Current Assets | 22.5M | 21.1M | 25.7M | 23.6M |
| Gross PPE | 167.0M | 158.9M | 211.6M | 155.8M |
| Accumulated Depreciation | -28.5M | -22.2M | -17.3M | -12.1M |
| Net PPE | 138.5M | 136.7M | 194.3M | 143.8M |
| Goodwill | -- | -- | 0.00 | 3.0M |
| Goodwill And Other Intangible Assets | 1.4M | 1.5M | 1.7M | 4.8M |
| Other Intangible Assets | 1.4M | 1.5M | 1.7M | 1.8M |
| Investments And Advances | 7.8M | 28.9M | 3.1M | 2.8M |
| Long Term Equity Investment | 5.2M | 26.2M | 0.00 | -- |
| Other Investments | -- | -- | 2.8M | 2.8M |
| Total Non Current Assets | 148.3M | 167.5M | 201.2M | 152.5M |
| Total Assets | 170.8M | 188.5M | 227.0M | 176.1M |
| Current Debt | 28.1M | 269,000 | 348,000 | 232,000 |
| Current Debt And Capital Lease Obligation | 28.1M | 269,000 | 348,000 | 232,000 |
| Payables And Accrued Expenses | 15.6M | 19.2M | 21.0M | 21.0M |
| Other Current Liabilities | 12.5M | 8.6M | 8.5M | -- |
| Current Liabilities | 56.2M | 28.1M | 29.9M | 21.3M |
| Long Term Debt | 446,000 | 28.9M | 66.1M | 136,000 |
| Long Term Debt And Capital Lease Obligation | 446,000 | 28.9M | 66.1M | 136,000 |
| Other Non Current Liabilities | 2.1M | 2.0M | 1.9M | 9.3M |
| Total Non Current Liabilities Net Minority Interest | 16.0M | 43.6M | 79.5M | 27.1M |
| Total Liabilities Net Minority Interest | 72.2M | 71.6M | 109.3M | 48.3M |
| Common Stock | 119.4M | 118.2M | 107.4M | 112.9M |
| Capital Stock | 119.4M | 118.2M | 107.4M | 112.9M |
| Additional Paid In Capital | 7.1M | 6.1M | 1.9M | 36,000 |
| Retained Earnings | -43.5M | -21.5M | -7.6M | 1.8M |
| Gains Losses Not Affecting Retained Earnings | 2.0M | 389,000 | 2.1M | 293,000 |
| Other Equity Adjustments | 2.0M | 389,000 | 2.1M | 293,000 |
| Common Stock Equity | 85.0M | 103.2M | 103.9M | 114.9M |
| Stockholders Equity | 85.0M | 103.2M | 103.9M | 114.9M |
| Total Equity Gross Minority Interest | 98.6M | 116.9M | 117.7M | 127.7M |
| Minority Interest | 13.5M | 13.7M | 13.8M | 12.8M |
| Total Capitalization | 85.5M | 132.1M | 169.9M | 115.1M |
| Net Tangible Assets | 83.6M | 101.7M | 102.2M | 110.2M |
| Tangible Book Value | 83.6M | 101.7M | 102.2M | 110.2M |
| Working Capital | -33.7M | -7.0M | -4.1M | 2.3M |
| Invested Capital | 113.6M | 132.4M | 170.3M | 115.3M |
| Total Debt | 28.6M | 29.2M | 66.4M | 368,000 |
| Net Debt | 27.0M | 27.6M | 63.7M | -- |
| Share Issued | 21.6M | 21.4M | 20.3M | 20.3M |
| Ordinary Shares Number | 20.5M | 20.6M | 19.4M | 20.3M |
| Available For Sale Securities | 2.6M | 2.7M | 2.8M | -- |
| Construction In Progress | 86.4M | 78.8M | 132.8M | 72.6M |
| Current Deferred Assets | 2.4M | 3.2M | 0.00 | -- |
| Financial Assets | -- | -- | 329,000 | 0.00 |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | -- | 0.00 | 329,000 | 0.00 |
| Hedging Assets Current | -- | -- | 429,000 | 0.00 |
| Investmentin Financial Assets | 2.6M | 2.7M | 3.1M | 0.00 |
| Investmentsin Joint Venturesat Cost | 5.2M | 26.2M | 0.00 | -- |
| Long Term Provisions | 8.6M | 8.9M | 8.2M | 14.3M |
| Non Current Deferred Assets | 546,000 | 446,000 | 2.1M | 1.1M |
| Non Current Deferred Liabilities | 4.9M | 3.8M | 3.3M | 3.4M |
| Non Current Deferred Taxes Assets | 546,000 | 446,000 | 2.1M | 1.1M |
| Non Current Deferred Taxes Liabilities | 4.9M | 3.8M | 3.3M | 3.4M |
| Notes Receivable | 314,000 | 314,000 | 952,000 | 711,000 |
| Other Properties | 80.6M | 80.0M | 78.8M | 83.2M |
| Other Receivables | 429,000 | 764,000 | 500,000 | 13.1M |
| Receivables Adjustments Allowances | -- | -- | 0.00 | 0.00 |
| Treasury Shares Number | 1.0M | 807,961 | 876,485 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -2.6M | 8.2M | -2.5M | -416,000 |
| Cash Flow From Continuing Operating Activities | -2.6M | 8.2M | -2.5M | -416,000 |
| Depreciation And Amortization | 6.1M | 5.1M | 5.5M | 5.4M |
| Depreciation Amortization Depletion | 6.1M | 5.1M | 5.5M | 5.4M |
| Stock Based Compensation | 3.8M | 5.3M | 2.4M | 36,000 |
| Deferred Tax | 1.3M | 2.2M | -1.1M | -4.2M |
| Deferred Income Tax | 1.3M | 2.2M | -1.1M | -4.2M |
| Change In Working Capital | -3.2M | 1.3M | -2.0M | -3.4M |
| Other Non Cash Items | 4.1M | 2.5M | 734,000 | 2.7M |
| Capital Expenditure | -7.9M | -24.0M | -52.9M | -37.2M |
| Purchase Of PPE | -7.9M | -24.0M | -52.9M | -37.2M |
| Net PPE Purchase And Sale | -7.9M | -24.0M | -52.9M | -37.2M |
| Purchase Of Business | -3.1M | -15.2M | 0.00 | -- |
| Sale Of Business | 0.00 | 21.5M | 0.00 | -- |
| Purchase Of Investment | 0.00 | -100,000 | 0.00 | -2.8M |
| Net Investment Purchase And Sale | 0.00 | -100,000 | 0.00 | -2.8M |
| Investing Cash Flow | 3.6M | -17.8M | -55.6M | -36.7M |
| Cash Flow From Continuing Investing Activities | 3.6M | -17.8M | -55.6M | -36.7M |
| Issuance Of Debt | -- | 967,000 | 61.5M | -- |
| Repayment Of Debt | -636,000 | -- | 0.00 | -50.0M |
| Net Issuance Payments Of Debt | -636,000 | 967,000 | 61.5M | -50.6M |
| Issuance Of Capital Stock | 0.00 | 9.8M | 0.00 | -- |
| Repurchase Of Capital Stock | -1.3M | 0.00 | -6.0M | -1.6M |
| Net Common Stock Issuance | -1.3M | 9.8M | -6.0M | -1.6M |
| Common Stock Payments | -1.3M | 0.00 | -6.0M | -1.6M |
| Financing Cash Flow | -911,000 | 8.4M | 55.8M | 41.6M |
| Cash Flow From Continuing Financing Activities | -911,000 | 8.4M | 55.8M | 41.6M |
| Effect Of Exchange Rate Changes | -74,000 | 113,000 | 466,000 | 40,000 |
| Changes In Cash | 36,000 | -1.2M | -2.3M | 4.5M |
| Beginning Cash Position | 1.6M | 2.7M | 4.5M | 2,000 |
| End Cash Position | 1.6M | 1.6M | 2.7M | 4.5M |
| Free Cash Flow | -10.5M | -15.7M | -55.4M | -37.6M |
| Amortization Cash Flow | -191,000 | 192,000 | 198,000 | -- |
| Amortization Of Intangibles | -191,000 | 192,000 | 198,000 | -- |
| Asset Impairment Charge | 501,000 | 0.00 | 3.0M | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Stock Issuance | 0.00 | 9.8M | 0.00 | -- |
| Depreciation | -5.8M | 4.9M | 5.3M | -- |
| Dividends Received Cfi | 17.8M | 0.00 | -- | -- |
| Earnings Losses From Equity Investments | 7.5M | 784,000 | 0.00 | -- |
| Gain Loss On Investment Securities | -- | -555,000 | -774,000 | -- |
| Gain Loss On Sale Of Business | 0.00 | -10.1M | 0.00 | -- |
| Interest Paid Cff | -2.2M | -2.1M | -697,000 | -698,000 |
| Long Term Debt Issuance | -- | 967,000 | 61.5M | -- |
| Long Term Debt Payments | -636,000 | -- | -- | -50.6M |
| Net Business Purchase And Sale | -3.1M | 6.2M | 0.00 | -- |
| Net Foreign Currency Exchange Gain Loss | -442,000 | 462,000 | -878,000 | 0.00 |
| Net Income From Continuing Operations | -22.1M | 1.3M | -9.4M | -642,000 |
| Net Long Term Debt Issuance | -636,000 | 967,000 | 61.5M | -589,000 |
| Net Other Financing Charges | -282,000 | -298,000 | 1.0M | 94.5M |
| Net Other Investing Changes | -3.2M | 45,000 | -2.6M | 3.2M |
| Net Short Term Debt Issuance | -- | -- | 0.00 | -50.0M |
| Operating Gains Losses | 7.0M | -9.5M | -1.7M | -257,000 |
| Proceeds From Stock Option Exercised | 3.5M | 0.00 | -- | -- |
| Short Term Debt Payments | -- | -- | 0.00 | -50.0M |