Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 26.9M | 23.0M | 31.2M | 29.2M | 32.6M |
| Operating Revenue | 26.9M | 23.0M | 31.2M | 29.2M | 32.6M |
| Cost Of Revenue | 23.4M | 20.8M | 25.3M | 24.4M | 27.3M |
| Gross Profit | 3.5M | 2.2M | 5.9M | 4.8M | 5.3M |
| Selling General And Administration | 5.4M | 4.8M | 6.3M | 5.4M | 5.5M |
| General And Administrative Expense | 5.4M | 4.8M | 6.3M | 5.4M | 5.5M |
| Research And Development | 1.0M | 1.2M | 1.3M | 1.3M | 1.3M |
| Depreciation And Amortization In Income Statement | 848,221 | 1.2M | 1.2M | 1.1M | 1.2M |
| Other Operating Expenses | -652,175 | -455,734 | -526,720 | -1.2M | -483,939 |
| Operating Expense | 6.6M | 6.8M | 8.2M | 6.6M | 7.5M |
| Operating Income | -3.1M | -4.6M | -2.3M | -1.8M | -2.2M |
| EBIT | -3.6M | -4.3M | -2.0M | -2.1M | -2.2M |
| Interest Expense | 576,446 | 403,042 | 234,927 | 281,921 | 292,534 |
| Interest Expense Non Operating | 576,446 | 403,042 | 234,927 | 281,921 | 292,534 |
| Interest Income | 134,854 | 66,231 | 103,530 | 143,459 | 174,353 |
| Interest Income Non Operating | 134,854 | 66,231 | 103,530 | 143,459 | 174,353 |
| Net Interest Income | -441,592 | -336,811 | -131,397 | -138,462 | -118,181 |
| Other Income Expense | -681,567 | 233,948 | 247,986 | -433,114 | -201,920 |
| Special Income Charges | -- | -- | 0.00 | 0.00 | 0.00 |
| Gain On Sale Of Security | -681,567 | 233,948 | 247,986 | -433,114 | -201,920 |
| Earnings From Equity Interest | -- | -- | -- | -- | -- |
| Pretax Income | -4.2M | -4.7M | -2.2M | -2.4M | -2.5M |
| Tax Provision | -350,783 | -916,496 | 74,950 | -638,838 | 400,155 |
| Tax Effect Of Unusual Items | -57,098 | 45,689 | 37,198 | -115,937 | -30,288 |
| Net Income From Continuing And Discontinued Operation | -3.8M | -3.8M | -2.3M | -1.7M | -2.9M |
| Net Income From Continuing Operation Net Minority Interest | -3.8M | -3.8M | -2.3M | -1.7M | -2.9M |
| Net Income Including Noncontrolling Interests | -3.8M | -3.8M | -2.3M | -1.7M | -2.9M |
| Net Income Common Stockholders | -3.8M | -3.8M | -2.3M | -1.7M | -2.9M |
| Net Income | -3.8M | -3.8M | -2.3M | -1.7M | -2.9M |
| EBITDA | -477,779 | -1.3M | 975,017 | 716,131 | 593,301 |
| Normalized EBITDA | 203,788 | -1.6M | 727,031 | 1.1M | 795,221 |
| Reconciled Depreciation | 3.1M | 3.0M | 3.0M | 2.8M | 2.8M |
| Basic EPS | -0.02 | -0.02 | -- | -0.01 | -0.02 |
| Diluted EPS | -0.02 | -0.02 | -- | -0.01 | -0.02 |
| Basic Average Shares | 177.9M | 170.6M | -- | 170.6M | 170.6M |
| Diluted Average Shares | 177.9M | 170.6M | -- | 170.6M | 170.6M |
| Total Unusual Items | -681,567 | 233,948 | 247,986 | -433,114 | -201,920 |
| Total Unusual Items Excluding Goodwill | -681,567 | 233,948 | 247,986 | -433,114 | -201,920 |
| Tax Rate For Calcs | 0.08 | 0.20 | 0.15 | 0.27 | 0.15 |
| Normalized Income | -3.2M | -4.0M | -2.5M | -1.4M | -2.7M |
| Amortization | 481,814 | 474,369 | 473,018 | 474,553 | 469,512 |
| Amortization Of Intangibles Income Statement | 481,814 | 474,369 | 473,018 | 474,553 | 469,512 |
| Depreciation Amortization Depletion Income Statement | 848,221 | 1.2M | 1.2M | 1.1M | 1.2M |
| Depreciation Income Statement | 366,407 | 707,635 | 685,941 | 595,988 | 680,939 |
| Diluted NI Availto Com Stockholders | -3.8M | -3.8M | -2.3M | -1.7M | -2.9M |
| Gain On Sale Of Ppe | -- | -- | 0.00 | 0.00 | 0.00 |
| Net Income Continuous Operations | -3.8M | -3.8M | -2.3M | -1.7M | -2.9M |
| Net Non Operating Interest Income Expense | -441,592 | -336,811 | -131,397 | -138,462 | -118,181 |
| Other Gand A | 5.1M | 4.6M | 6.0M | 5.1M | 5.1M |
| Reconciled Cost Of Revenue | 21.1M | 19.0M | 23.5M | 22.7M | 25.7M |
| Salaries And Wages | 271,421 | 204,546 | 251,878 | 299,769 | 366,182 |
| Total Expenses | 30.0M | 27.6M | 33.5M | 31.1M | 34.8M |
| Total Operating Income As Reported | -3.7M | -4.4M | -2.1M | -2.2M | -2.4M |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 30.1M | 10.1M | 18.6M | 20.7M | 21.1M |
| Cash Cash Equivalents And Short Term Investments | 30.1M | 10.1M | 18.6M | 20.7M | 21.1M |
| Accounts Receivable | 22.7M | 19.8M | 16.0M | 20.3M | 22.6M |
| Receivables | 22.7M | 19.8M | 20.6M | 20.3M | 22.6M |
| Inventory | 16.0M | 17.1M | 16.7M | 16.3M | 16.3M |
| Other Current Assets | 1.6M | 2.0M | 1.6M | 2.2M | 1.6M |
| Current Assets | 70.5M | 49.0M | 57.7M | 59.6M | 61.5M |
| Gross PPE | 139.1M | 135.9M | 119.3M | 114.1M | 110.5M |
| Accumulated Depreciation | -48.3M | -45.5M | -43.1M | -40.4M | -38.1M |
| Net PPE | 90.9M | 90.4M | 76.2M | 73.7M | 72.4M |
| Goodwill | 1.9M | 1.9M | 1.9M | 1.9M | 1.9M |
| Goodwill And Other Intangible Assets | 13.6M | 14.0M | 13.9M | 14.0M | 14.4M |
| Other Intangible Assets | 11.6M | 12.0M | 12.0M | 12.1M | 12.5M |
| Total Non Current Assets | 108.9M | 108.4M | 93.5M | 91.3M | 90.2M |
| Total Assets | 179.3M | 157.4M | 151.2M | 150.9M | 151.7M |
| Current Debt | 5.1M | 6.0M | 3.0M | 3.1M | 3.0M |
| Current Debt And Capital Lease Obligation | 8.6M | 9.0M | 6.4M | 6.4M | 6.5M |
| Accounts Payable | 12.8M | 15.4M | 8.3M | 20.6M | 17.4M |
| Payables | 12.8M | 16.3M | 13.3M | 21.6M | 18.0M |
| Payables And Accrued Expenses | 12.8M | 16.3M | 21.5M | 21.6M | 18.0M |
| Current Accrued Expenses | -- | -- | 8.2M | -- | -- |
| Current Deferred Revenue | 250,838 | 1.6M | 1.9M | 1.9M | 3.3M |
| Other Current Liabilities | -- | -- | -- | -- | -- |
| Current Liabilities | 21.7M | 26.9M | 29.8M | 30.0M | 27.8M |
| Long Term Debt | 9.5M | 1.7M | 2.2M | 2.8M | 3.4M |
| Long Term Debt And Capital Lease Obligation | 35.6M | 29.4M | 16.2M | 14.5M | 15.8M |
| Long Term Capital Lease Obligation | 26.0M | 27.7M | 14.0M | 11.7M | 12.4M |
| Total Non Current Liabilities Net Minority Interest | 40.4M | 34.8M | 22.1M | 19.9M | 21.7M |
| Total Liabilities Net Minority Interest | 62.1M | 61.7M | 51.8M | 49.9M | 49.5M |
| Common Stock | 207.3M | 182.7M | 182.7M | 182.7M | 182.7M |
| Capital Stock | 207.3M | 182.7M | 182.7M | 182.7M | 182.7M |
| Retained Earnings | -98.0M | -94.4M | -90.7M | -88.2M | -86.5M |
| Gains Losses Not Affecting Retained Earnings | 7.9M | 7.4M | 7.4M | 6.5M | 6.0M |
| Other Equity Adjustments | 7.7M | 7.5M | 7.3M | 7.0M | 6.7M |
| Common Stock Equity | 117.2M | 95.7M | 99.4M | 101.0M | 102.2M |
| Stockholders Equity | 117.2M | 95.7M | 99.4M | 101.0M | 102.2M |
| Total Equity Gross Minority Interest | 117.2M | 95.7M | 99.4M | 101.0M | 102.2M |
| Total Capitalization | 126.8M | 97.4M | 101.6M | 103.8M | 105.6M |
| Net Tangible Assets | 103.7M | 81.8M | 85.5M | 86.9M | 87.8M |
| Tangible Book Value | 103.7M | 81.8M | 85.5M | 86.9M | 87.8M |
| Working Capital | 48.7M | 22.1M | 27.9M | 29.6M | 33.8M |
| Invested Capital | 131.9M | 103.4M | 104.5M | 106.9M | 108.6M |
| Total Debt | 44.2M | 38.4M | 22.6M | 21.0M | 22.3M |
| Share Issued | 181.4M | 170.7M | 170.6M | 170.6M | 170.6M |
| Ordinary Shares Number | 181.4M | 170.7M | 170.6M | 170.6M | 170.6M |
| Allowance For Doubtful Accounts Receivable | -- | -- | -93,948 | -- | -- |
| Capital Lease Obligations | 29.6M | 30.7M | 17.4M | 15.0M | 15.9M |
| Construction In Progress | 5.3M | 3.8M | 4.5M | 9.1M | 6.3M |
| Current Capital Lease Obligation | 3.6M | 3.0M | 3.4M | 3.4M | 3.4M |
| Current Deferred Liabilities | 250,838 | 1.6M | 1.9M | 1.9M | 3.3M |
| Employee Benefits | 637,875 | 832,416 | 941,466 | 673,168 | 681,022 |
| Finished Goods | -- | -- | 2.7M | -- | -- |
| Foreign Currency Translation Adjustments | 271,889 | -96,870 | 95,323 | -585,923 | -751,794 |
| Gross Accounts Receivable | -- | -- | 16.1M | -- | -- |
| Hedging Assets Current | -- | -- | 184,849 | -- | -- |
| Income Tax Payable | 0.00 | 867,985 | 850,251 | 1.1M | 619,505 |
| Land And Improvements | 13.8M | 13.7M | 13.6M | 13.5M | 13.3M |
| Leases | 4.3M | 4.3M | 4.2M | 4.3M | 4.3M |
| Machinery Furniture Equipment | 13.5M | 13.6M | 13.5M | 13.0M | 12.9M |
| Non Current Deferred Assets | 4.2M | 3.8M | 3.2M | 3.4M | 3.1M |
| Non Current Deferred Liabilities | 4.2M | 4.6M | 4.9M | 4.8M | 5.2M |
| Non Current Deferred Taxes Assets | 4.2M | 3.8M | 3.2M | 3.4M | 3.1M |
| Non Current Deferred Taxes Liabilities | 4.2M | 4.6M | 4.9M | 4.8M | 5.2M |
| Non Current Pension And Other Postretirement Benefit Plans | 637,875 | 832,416 | 941,466 | 673,168 | 681,022 |
| Non Current Prepaid Assets | 250,797 | 253,062 | 250,187 | 257,283 | 257,409 |
| Other Current Borrowings | 5.1M | 6.0M | 3.0M | 3.1M | 3.0M |
| Other Payable | -- | -- | 4.2M | -- | -- |
| Other Properties | 102.3M | 100.6M | 83.5M | 74.2M | 73.8M |
| Other Receivables | -- | -- | 4.6M | -- | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | -- | -- | 12.4M | -- | -- |
| Total Tax Payable | 0.00 | 867,985 | 850,251 | 1.1M | 619,505 |
| Work In Process | -- | -- | 1.6M | -- | -- |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | -6.5M | -6.2M | 1.8M | 4.9M | 1.5M |
| Cash Flow From Continuing Operating Activities | -6.5M | -6.2M | 1.8M | 4.9M | 1.5M |
| Depreciation And Amortization | 3.1M | 3.0M | 3.0M | 2.8M | 2.8M |
| Depreciation Amortization Depletion | 3.1M | 3.0M | 3.0M | 2.8M | 2.8M |
| Stock Based Compensation | 271,421 | 204,546 | 251,878 | 299,769 | 366,182 |
| Deferred Tax | -819,470 | -954,495 | 232,681 | -746,131 | -108,202 |
| Deferred Income Tax | -819,470 | -954,495 | 232,681 | -746,131 | -108,202 |
| Change In Working Capital | -6.0M | -5.3M | 1.2M | 4.1M | 572,207 |
| Changes In Account Receivables | -2.9M | 799,509 | -294,506 | 2.3M | -1.0M |
| Change In Receivables | -2.9M | 799,509 | -294,506 | 2.3M | -1.0M |
| Change In Inventory | 1.1M | -299,536 | -384,482 | 20,108 | 935,101 |
| Change In Payables And Accrued Expense | -3.1M | -5.2M | 1.2M | 3.8M | -160,501 |
| Change In Payable | -3.1M | -5.2M | 1.2M | 3.8M | -160,501 |
| Change In Other Working Capital | -1.4M | -265,553 | -6,781 | -1.4M | 545,297 |
| Other Non Cash Items | 486,993 | 362,787 | 130,151 | 227,573 | 143,574 |
| Capital Expenditure | -3.6M | -3.7M | -5.8M | -3.5M | -1.9M |
| Purchase Of PPE | -3.5M | -3.1M | -5.5M | -3.4M | -1.8M |
| Net PPE Purchase And Sale | -3.5M | -3.1M | -5.5M | -3.4M | -1.8M |
| Purchase Of Business | -- | -- | 0.00 | 0.00 | -- |
| Investing Cash Flow | -3.6M | -3.7M | -5.8M | -3.5M | -1.9M |
| Cash Flow From Continuing Investing Activities | -3.6M | -3.7M | -5.8M | -3.5M | -1.9M |
| Issuance Of Debt | 7.5M | 3.2M | -- | -- | 0.00 |
| Repayment Of Debt | -1.9M | -1.6M | -2.1M | -2.4M | -1.3M |
| Net Issuance Payments Of Debt | 5.6M | 1.4M | -2.1M | -1.8M | -1.6M |
| Financing Cash Flow | 30.1M | 1.4M | 1.8M | -1.8M | 90,328 |
| Cash Flow From Continuing Financing Activities | 30.1M | 1.4M | 1.8M | -1.8M | 90,328 |
| Effect Of Exchange Rate Changes | -10,409 | 23,782 | 44,534 | 18,714 | -9,232 |
| Changes In Cash | 20.1M | -8.5M | -2.2M | -364,659 | -282,179 |
| Beginning Cash Position | 10.1M | 18.6M | 20.7M | 21.1M | 21.3M |
| End Cash Position | 30.1M | 10.1M | 18.6M | 20.7M | 21.1M |
| Free Cash Flow | -10.0M | -9.9M | -3.9M | 1.4M | -372,507 |
| Interest Paid Supplemental Data | 576,446 | 403,042 | 234,927 | 281,921 | 369,643 |
| Amortization Cash Flow | -2.0M | 3.0M | 9.9M | -4.1M | 2.8M |
| Amortization Of Intangibles | -2.0M | 3.0M | 9.9M | -4.1M | 2.8M |
| Change In Account Payable | -2.2M | -5.2M | 1.4M | 3.4M | -780,006 |
| Change In Income Tax Payable | -867,985 | 17,734 | -204,924 | 435,670 | 619,505 |
| Change In Prepaid Assets | 318,762 | -364,969 | 650,194 | -666,350 | 268,820 |
| Change In Tax Payable | -867,985 | 17,734 | -204,924 | 435,670 | 619,505 |
| Depreciation | -- | -- | -- | 2.3M | 2.3M |
| Earnings Losses From Equity Investments | -- | -- | -- | -- | -- |
| Gain Loss On Investment Securities | -338,055 | 530,386 | -1.9M | -322,494 | 2.2M |
| Gain Loss On Sale Of PPE | -- | -- | 0.00 | 0.00 | 0.00 |
| Long Term Debt Issuance | 7.5M | 3.2M | -- | -- | 0.00 |
| Long Term Debt Payments | -1.9M | -1.6M | -2.7M | -1.8M | -1.3M |
| Net Business Purchase And Sale | -- | -- | 0.00 | 0.00 | -- |
| Net Foreign Currency Exchange Gain Loss | 596,813 | -225,169 | 1.3M | 332,745 | -1.5M |
| Net Income From Continuing Operations | -3.8M | -3.8M | -2.3M | -1.7M | -2.9M |
| Net Intangibles Purchase And Sale | -101,427 | -542,361 | -304,935 | -80,382 | -99,381 |
| Net Long Term Debt Issuance | 5.6M | 1.6M | -2.7M | -1.8M | -1.3M |
| Net Other Financing Charges | -- | -- | 3.9M | 0.00 | -- |
| Net Short Term Debt Issuance | 1,359 | -174,655 | -- | -14,960 | -314,130 |
| Operating Gains Losses | 264,732 | 311,232 | -633,014 | 12,229 | 667,808 |
| Pension And Employee Benefit Expense | 5,974 | 6,015 | -3,941 | 1,978 | 1,938 |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 0.00 | -- |
| Purchase Of Intangibles | -101,427 | -542,361 | -304,935 | -80,382 | -99,381 |
| Sale Of PPE | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |