Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 |
|---|---|---|---|
| Total Revenue | 145.3M | 0.00 | 0.00 |
| Operating Revenue | 145.3M | 0.00 | 0.00 |
| Cost Of Revenue | 57.8M | 0.00 | 74,438 |
| Gross Profit | 87.4M | 0.00 | -74,438 |
| Selling General And Administration | 11.3M | 7.6M | 4.8M |
| General And Administrative Expense | 11.3M | 7.6M | 4.8M |
| Other Operating Expenses | -- | 563,614 | 477,305 |
| Operating Expense | 11.3M | 7.6M | 5.3M |
| Operating Income | 76.1M | -7.6M | -5.4M |
| EBIT | 73.8M | -7.2M | -5.4M |
| Interest Expense | 8.4M | 0.00 | -- |
| Interest Expense Non Operating | 8.4M | 0.00 | -- |
| Interest Income | -- | 4.0M | 2.0M |
| Interest Income Non Operating | -- | 4.0M | 2.0M |
| Net Interest Income | -8.4M | 0.00 | 2.0M |
| Other Income Expense | -2.3M | 374,000 | 1.4M |
| Other Non Operating Income Expenses | 3.8M | 2.8M | -357,152 |
| Special Income Charges | -- | 0.00 | -298,793 |
| Gain On Sale Of Security | -6.0M | -2.4M | 2.1M |
| Pretax Income | 65.4M | -7.2M | -1.9M |
| Tax Provision | 3.4M | 0.00 | -- |
| Tax Effect Of Unusual Items | -315,612 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 62.0M | -7.2M | -1.9M |
| Net Income From Continuing Operation Net Minority Interest | 62.0M | -7.2M | -1.9M |
| Net Income Including Noncontrolling Interests | 62.0M | -7.2M | -1.9M |
| Net Income Common Stockholders | 62.0M | -7.2M | -1.9M |
| Net Income | 62.0M | -7.2M | -1.9M |
| EBITDA | 84.5M | -7.1M | -5.3M |
| Normalized EBITDA | 90.5M | -4.7M | -7.1M |
| Reconciled Depreciation | 10.7M | 90,000 | 74,438 |
| Basic EPS | 0.38 | -0.06 | -0.04 |
| Diluted EPS | 0.37 | -0.06 | -0.04 |
| Basic Average Shares | 162.5M | 111.9M | 82.9M |
| Diluted Average Shares | 165.5M | 111.9M | 82.9M |
| Total Unusual Items | -6.0M | -2.4M | 1.8M |
| Total Unusual Items Excluding Goodwill | -6.0M | -2.4M | 1.8M |
| Tax Rate For Calcs | 0.05 | 0.00 | 0.00 |
| Normalized Income | 67.7M | -4.8M | -3.7M |
| Diluted NI Availto Com Stockholders | 62.0M | -7.2M | -1.9M |
| Impairment Of Capital Assets | -- | 0.00 | 298,793 |
| Net Income Continuous Operations | 62.0M | -7.2M | -1.9M |
| Net Non Operating Interest Income Expense | -8.4M | 0.00 | 2.0M |
| Other Gand A | 11.3M | 7.6M | 1.5M |
| Reconciled Cost Of Revenue | 57.8M | 0.00 | 74,438 |
| Rent And Landing Fees | -- | -- | 44,187 |
| Rent Expense Supplemental | -- | -- | 44,187 |
| Salaries And Wages | -- | 4.9M | 3.3M |
| Total Expenses | 69.2M | 7.6M | 5.4M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 141.2M | 52.4M | 81.9M |
| Cash Cash Equivalents And Short Term Investments | 141.2M | 52.4M | 81.9M |
| Accounts Receivable | 5.2M | 1.8M | 1.3M |
| Receivables | 5.2M | 1.8M | 1.3M |
| Inventory | 37.6M | 8.0M | 0.00 |
| Prepaid Assets | 2.6M | 1.3M | 402,367 |
| Current Assets | 186.6M | 63.4M | 83.6M |
| Gross PPE | 1.2B | 523.9M | 167.3M |
| Accumulated Depreciation | -33.2M | -5.3M | -430,699 |
| Net PPE | 1.2B | 518.6M | 166.9M |
| Goodwill And Other Intangible Assets | 31.1M | 0.00 | -- |
| Other Intangible Assets | 31.1M | -- | -- |
| Investments And Advances | 3.5M | 0.00 | -- |
| Long Term Equity Investment | 3.5M | 0.00 | -- |
| Other Non Current Assets | 50.2M | 2.3M | 2.4M |
| Total Non Current Assets | 1.3B | 524.3M | 173.0M |
| Total Assets | 1.5B | 587.7M | 256.6M |
| Current Debt | 24.6M | 7.5M | -- |
| Current Debt And Capital Lease Obligation | 24.7M | 7.6M | 32,035 |
| Accounts Payable | 25.1M | 27.0M | 12.2M |
| Payables | 85.1M | 27.0M | 12.2M |
| Payables And Accrued Expenses | 85.1M | 27.0M | 12.2M |
| Current Deferred Revenue | 36.2M | 14.5M | 0.00 |
| Other Current Liabilities | -- | 4.2M | -- |
| Current Liabilities | 145.9M | 53.4M | 12.2M |
| Long Term Debt | 89.2M | 24.8M | -- |
| Long Term Debt And Capital Lease Obligation | 90.1M | 25.1M | -- |
| Long Term Capital Lease Obligation | 902,000 | 241,000 | 0.00 |
| Other Non Current Liabilities | -- | 1.3M | 356,973 |
| Total Non Current Liabilities Net Minority Interest | 316.9M | 271.3M | 3.1M |
| Total Liabilities Net Minority Interest | 462.8M | 324.7M | 15.3M |
| Common Stock | 1.1B | 247.9M | 247.8M |
| Capital Stock | 1.1B | 247.9M | 247.8M |
| Retained Earnings | 48.8M | -13.1M | -5.9M |
| Gains Losses Not Affecting Retained Earnings | -140.3M | 24.1M | -2.9M |
| Other Equity Adjustments | -140.3M | 24.1M | -2.9M |
| Common Stock Equity | 1.0B | 263.0M | 241.3M |
| Stockholders Equity | 1.0B | 263.0M | 241.3M |
| Total Equity Gross Minority Interest | 1.0B | 263.0M | 241.3M |
| Total Capitalization | 1.1B | 287.9M | 241.3M |
| Net Tangible Assets | 979.5M | 263.0M | 241.3M |
| Tangible Book Value | 979.5M | 263.0M | 241.3M |
| Working Capital | 40.7M | 10.0M | 71.4M |
| Invested Capital | 1.1B | 295.4M | 241.3M |
| Total Debt | 114.8M | 32.7M | 32,035 |
| Share Issued | 224.9M | 111.9M | 111.9M |
| Ordinary Shares Number | 224.9M | 111.9M | 111.9M |
| Buildings And Improvements | 291.7M | 38.6M | 1.9M |
| Capital Lease Obligations | 1.0M | 315,000 | 32,035 |
| Construction In Progress | 876,000 | 318.7M | 74.5M |
| Current Capital Lease Obligation | 104,000 | 74,000 | 32,035 |
| Current Deferred Liabilities | 36.2M | 14.5M | 0.00 |
| Derivative Product Liabilities | -- | 4.2M | 1.7M |
| Finished Goods | 4.6M | 0.00 | -- |
| Investmentsin Associatesat Cost | 3.5M | 0.00 | -- |
| Long Term Provisions | 3.0M | 4.1M | 967,692 |
| Machinery Furniture Equipment | 51.8M | 55.0M | 17.5M |
| Non Current Deferred Assets | 743,000 | 3.4M | 3.7M |
| Non Current Deferred Liabilities | 223.8M | 240.8M | 0.00 |
| Non Current Deferred Revenue | 220.4M | 240.8M | 0.00 |
| Non Current Deferred Taxes Liabilities | 3.4M | 0.00 | -- |
| Non Current Prepaid Assets | -- | -- | 14.9M |
| Other Current Borrowings | 24.6M | 7.5M | -- |
| Other Equity Interest | 19.4M | 4.1M | 2.2M |
| Other Inventories | -- | 132,901 | -- |
| Other Payable | 60.0M | -- | -- |
| Other Properties | 1.1M | 415,000 | 68,774 |
| Raw Materials | 31.6M | 8.0M | 0.00 |
| Work In Process | 1.3M | 0.00 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 |
|---|---|---|---|
| Operating Cash Flow | 28.5M | 239.0M | -1.2M |
| Cash Flow From Continuing Operating Activities | 28.5M | 239.0M | -1.2M |
| Depreciation And Amortization | 20.2M | 90,000 | 74,438 |
| Depreciation Amortization Depletion | 10.7M | 90,000 | 74,438 |
| Stock Based Compensation | 1.7M | 1.7M | 1.3M |
| Deferred Tax | 3.4M | 0.00 | -- |
| Deferred Income Tax | 3.4M | 0.00 | -- |
| Change In Working Capital | -62.8M | -9.3M | 899,681 |
| Change In Receivables | -2.0M | -406,000 | -997,333 |
| Change In Inventory | -57.9M | -7.2M | 0.00 |
| Change In Payables And Accrued Expense | -1.9M | -923,000 | 2.1M |
| Change In Other Current Liabilities | 402,000 | 0.00 | -- |
| Other Non Cash Items | 8.7M | 250.9M | 357,152 |
| Capital Expenditure | -110.6M | -300.5M | -81.5M |
| Purchase Of PPE | -110.6M | -300.5M | -81.5M |
| Net PPE Purchase And Sale | -110.6M | -300.5M | -80.9M |
| Purchase Of Business | -- | -- | 0.00 |
| Sale Of Business | 21.4M | 0.00 | -- |
| Investing Cash Flow | -119.8M | -304.6M | -94.6M |
| Cash Flow From Continuing Investing Activities | -119.8M | -304.6M | -94.6M |
| Issuance Of Debt | 84.1M | 35.2M | 0.00 |
| Repayment Of Debt | -12.5M | -4.0M | -53,489 |
| Net Issuance Payments Of Debt | 71.6M | 31.2M | -53,489 |
| Issuance Of Capital Stock | 50.0M | 0.00 | 116.9M |
| Net Common Stock Issuance | 50.0M | 0.00 | 116.9M |
| Financing Cash Flow | 190.3M | 31.0M | 127.4M |
| Cash Flow From Continuing Financing Activities | 190.3M | 31.0M | 127.4M |
| Effect Of Exchange Rate Changes | -10.2M | 5.1M | -7.2M |
| Changes In Cash | 99.0M | -34.6M | 31.6M |
| Beginning Cash Position | 52.4M | 81.9M | 57.5M |
| End Cash Position | 141.2M | 52.4M | 81.9M |
| Free Cash Flow | -82.1M | -61.5M | -82.7M |
| Asset Impairment Charge | -- | 0.00 | 298,793 |
| Change In Prepaid Assets | -1.5M | -837,000 | -166,735 |
| Common Stock Issuance | 50.0M | 0.00 | 116.9M |
| Depletion | -9.5M | 0.00 | -- |
| Depreciation | 20.2M | 90,000 | 74,438 |
| Earnings Losses From Equity Investments | 161,000 | 0.00 | -- |
| Gain Loss On Sale Of Business | -1.5M | 0.00 | -- |
| Long Term Debt Issuance | 84.1M | 35.2M | 0.00 |
| Long Term Debt Payments | -12.5M | -4.0M | -53,489 |
| Net Business Purchase And Sale | 21.4M | 0.00 | 0.00 |
| Net Foreign Currency Exchange Gain Loss | -374,000 | 140,000 | -1.6M |
| Net Income From Continuing Operations | 62.0M | -7.2M | -1.9M |
| Net Long Term Debt Issuance | 71.6M | 31.2M | -53,489 |
| Net Other Financing Charges | -86,000 | -210,000 | -3.7M |
| Net Other Investing Changes | -30.7M | -4.1M | -13.7M |
| Operating Gains Losses | -1.7M | 140,000 | -1.6M |
| Proceeds From Stock Option Exercised | 68.8M | 20,000 | 14.2M |
| Provisionand Write Offof Assets | 519,000 | 260,000 | 9,561 |
| Sale Of PPE | 0.00 | 14,000 | 605,626 |
| Unrealized Gain Loss On Investment Securities | 6.0M | 2.4M | -648,685 |