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 | 51.8M | 54.6M | 71.2M | 55.4M |
| Operating Revenue | 51.8M | 54.6M | 71.2M | 55.4M |
| Cost Of Revenue | 36.4M | 43.0M | 56.3M | 42.5M |
| Gross Profit | 15.4M | 11.7M | 14.9M | 12.9M |
| Selling General And Administration | 17.8M | 21.4M | 20.7M | 14.4M |
| General And Administrative Expense | 16.9M | 19.8M | 18.8M | 12.8M |
| Research And Development | 411,000 | 681,000 | 1.1M | 758,000 |
| Depreciation And Amortization In Income Statement | 215,000 | 342,000 | 447,000 | 329,000 |
| Operating Expense | 18.4M | 22.4M | 22.3M | 15.5M |
| Operating Income | -3.0M | -10.7M | -7.3M | -2.6M |
| EBIT | -455,000 | -27.3M | -5.4M | -2.4M |
| Interest Expense | 143,000 | 79,000 | 109,000 | 87,000 |
| Interest Expense Non Operating | 143,000 | 79,000 | 109,000 | 87,000 |
| Interest Income | 467,000 | 651,000 | 359,000 | 162,000 |
| Interest Income Non Operating | 467,000 | 651,000 | 359,000 | 162,000 |
| Net Interest Income | 324,000 | 572,000 | 250,000 | 75,000 |
| Other Income Expense | 2.1M | -17.3M | 1.6M | 23,000 |
| Other Non Operating Income Expenses | 1.2M | -172,000 | -37,000 | 207,000 |
| Special Income Charges | -414,000 | -16.8M | -539,000 | 0.00 |
| Restructuring And Mergern Acquisition | 648,000 | 0.00 | -- | 451,000 |
| Write Off | -234,000 | 2.5M | 539,000 | 0.00 |
| Gain On Sale Of Security | 1.3M | -290,000 | 2.2M | -184,000 |
| Pretax Income | -598,000 | -27.4M | -5.5M | -2.5M |
| Tax Provision | 782,000 | 1.1M | 16,000 | -76,000 |
| Tax Effect Of Unusual Items | 127,050 | -6.8M | 426,699 | -5,536 |
| Net Income From Continuing And Discontinued Operation | -1.9M | -29.6M | -5.5M | -2.5M |
| Net Income From Continuing Operation Net Minority Interest | -1.4M | -28.5M | -5.5M | -2.5M |
| Net Income Including Noncontrolling Interests | -1.9M | -29.6M | -5.5M | -2.5M |
| Net Income Common Stockholders | -1.9M | -29.6M | -5.5M | -2.5M |
| Net Income | -1.9M | -29.6M | -5.5M | -2.5M |
| EBITDA | 655,000 | -25.1M | -3.0M | -868,000 |
| Normalized EBITDA | -192,000 | -8.0M | -4.7M | -684,000 |
| Reconciled Depreciation | 1.1M | 2.3M | 2.3M | 1.6M |
| Basic EPS | -0.01 | -0.19 | -0.04 | -0.02 |
| Diluted EPS | -0.01 | -0.19 | -0.04 | -0.02 |
| Basic Average Shares | 154.3M | 153.1M | 150.9M | 143.9M |
| Diluted Average Shares | 154.3M | 153.1M | 150.9M | 143.9M |
| Total Unusual Items | 847,000 | -17.1M | 1.6M | -184,000 |
| Total Unusual Items Excluding Goodwill | 847,000 | -17.1M | 1.6M | -184,000 |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.26 | 0.03 |
| Normalized Income | -2.1M | -18.3M | -6.7M | -2.3M |
| Depreciation Amortization Depletion Income Statement | 215,000 | 342,000 | 447,000 | 329,000 |
| Depreciation Income Statement | 215,000 | 342,000 | 447,000 | -- |
| Diluted NI Availto Com Stockholders | -1.9M | -29.6M | -5.5M | -2.5M |
| Impairment Of Capital Assets | 0.00 | 14.4M | 0.00 | -- |
| Insurance And Claims | 931,000 | 1.0M | 1.0M | 651,000 |
| Net Income Continuous Operations | -1.4M | -28.5M | -5.5M | -2.5M |
| Net Income Discontinuous Operations | -483,000 | -1.1M | -- | -- |
| Net Non Operating Interest Income Expense | 324,000 | 572,000 | 250,000 | 75,000 |
| Other Gand A | 5.2M | 6.3M | 5.9M | 4.6M |
| Reconciled Cost Of Revenue | 35.5M | 41.0M | 54.4M | 41.2M |
| Salaries And Wages | 10.8M | 12.5M | 11.9M | 7.6M |
| Selling And Marketing Expense | 938,000 | 1.6M | 1.9M | 1.6M |
| Total Expenses | 54.8M | 65.4M | 78.6M | 58.0M |
| Total Operating Income As Reported | -4.0M | -12.1M | -7.9M | -2.6M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 16.2M | 11.8M | 21.4M | 31.5M |
| Cash Cash Equivalents And Short Term Investments | 16.2M | 11.8M | 21.4M | 31.5M |
| Accounts Receivable | 6.9M | 9.8M | 12.3M | 16.4M |
| Receivables | 12.8M | 24.2M | 27.6M | 26.2M |
| Inventory | 819,000 | 2.1M | 1.1M | 785,000 |
| Other Current Assets | 933,000 | 1.7M | 1.3M | 970,000 |
| Current Assets | 32.8M | 41.4M | 53.0M | 61.1M |
| Gross PPE | 4.4M | 4.4M | 3.2M | 1.4M |
| Accumulated Depreciation | -2.2M | -2.0M | -1.4M | -750,000 |
| Net PPE | 2.2M | 2.4M | 1.7M | 688,000 |
| Goodwill | 7.9M | 7.8M | 18.1M | 10.4M |
| Goodwill And Other Intangible Assets | 10.3M | 10.6M | 26.4M | 16.9M |
| Other Intangible Assets | 2.3M | 2.8M | 8.3M | 6.5M |
| Total Non Current Assets | 12.5M | 13.0M | 30.4M | 17.7M |
| Total Assets | 45.4M | 54.4M | 83.4M | 78.8M |
| Current Debt And Capital Lease Obligation | 328,000 | 232,000 | 268,000 | 242,000 |
| Accounts Payable | 2.9M | 3.1M | 3.9M | 599,000 |
| Payables | 2.9M | 3.1M | 4.5M | 633,000 |
| Payables And Accrued Expenses | 10.7M | 19.7M | 23.0M | 20.1M |
| Current Accrued Expenses | 7.8M | 16.6M | 18.5M | 19.5M |
| Current Deferred Revenue | 6.1M | 3.6M | 1.1M | 1.5M |
| Other Current Liabilities | -- | -- | 1.1M | 102,000 |
| Current Liabilities | 18.6M | 24.7M | 25.8M | 21.9M |
| Long Term Debt And Capital Lease Obligation | 1.7M | 1.7M | 967,000 | 217,000 |
| Long Term Capital Lease Obligation | 1.7M | 1.7M | 967,000 | 217,000 |
| Total Non Current Liabilities Net Minority Interest | 2.8M | 4.4M | 4.1M | 367,000 |
| Total Liabilities Net Minority Interest | 21.4M | 29.1M | 29.9M | 22.3M |
| Common Stock | 66.1M | 65.8M | 65.3M | 64.1M |
| Capital Stock | 66.1M | 65.8M | 65.3M | 64.1M |
| Additional Paid In Capital | 5.1M | 4.9M | 4.3M | 2.4M |
| Retained Earnings | -47.1M | -45.3M | -15.7M | -10.2M |
| Gains Losses Not Affecting Retained Earnings | -61,000 | -153,000 | -378,000 | 179,000 |
| Other Equity Adjustments | -61,000 | -153,000 | -378,000 | -- |
| Common Stock Equity | 24.0M | 25.3M | 53.5M | 56.5M |
| Stockholders Equity | 24.0M | 25.3M | 53.5M | 56.5M |
| Total Equity Gross Minority Interest | 24.0M | 25.3M | 53.5M | 56.5M |
| Total Capitalization | 24.0M | 25.3M | 53.5M | 56.5M |
| Net Tangible Assets | 13.7M | 14.7M | 27.1M | 39.6M |
| Tangible Book Value | 13.7M | 14.7M | 27.1M | 39.6M |
| Working Capital | 14.2M | 16.7M | 27.2M | 39.1M |
| Invested Capital | 24.0M | 25.3M | 53.5M | 56.5M |
| Total Debt | 2.1M | 2.0M | 1.2M | 459,000 |
| Share Issued | 156.7M | 153.8M | 152.0M | 150.3M |
| Ordinary Shares Number | 156.7M | 153.8M | 152.0M | 150.3M |
| Allowance For Doubtful Accounts Receivable | -1.1M | -- | -- | -37,000 |
| Capital Lease Obligations | 2.1M | 2.0M | 1.2M | 459,000 |
| Current Capital Lease Obligation | 328,000 | 232,000 | 268,000 | 242,000 |
| Current Deferred Liabilities | 6.7M | 3.6M | 1.5M | 1.5M |
| Current Provisions | 836,000 | 1.2M | 1.1M | 102,000 |
| Derivative Product Liabilities | -- | -- | 838,000 | 150,000 |
| Gross Accounts Receivable | 8.0M | 9.8M | 12.3M | 16.4M |
| Income Tax Payable | -- | 87,000 | 510,000 | 34,000 |
| Long Term Provisions | -- | 200,000 | 838,000 | 150,000 |
| Machinery Furniture Equipment | 1.2M | 1.3M | 1.1M | 420,000 |
| Non Current Deferred Assets | -- | 0.00 | 448,000 | 111,000 |
| Non Current Deferred Liabilities | 1.0M | 2.4M | 2.3M | 0.00 |
| Non Current Deferred Taxes Assets | -- | 0.00 | 448,000 | 111,000 |
| Non Current Deferred Taxes Liabilities | 383,000 | 669,000 | 736,000 | 0.00 |
| Non Current Note Receivables | -- | 0.00 | 1.8M | 0.00 |
| Notes Receivable | 1.6M | 859,000 | 0.00 | -- |
| Other Properties | 3.2M | 3.1M | 2.1M | 1.0M |
| Other Receivables | 4.3M | 13.6M | 15.3M | 9.8M |
| Raw Materials | 819,000 | 2.1M | 1.1M | 785,000 |
| Restricted Cash | 2.1M | 1.6M | 1.7M | 1.7M |
| Total Tax Payable | -- | 87,000 | 510,000 | 34,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 4.6M | -9.0M | 40,000 | -10.5M |
| Cash Flow From Continuing Operating Activities | 5.3M | -7.6M | 40,000 | -10.5M |
| Depreciation And Amortization | 1.1M | 2.3M | 2.3M | 1.6M |
| Depreciation Amortization Depletion | 1.1M | 2.3M | 2.3M | 1.6M |
| Stock Based Compensation | 444,000 | 775,000 | 2.0M | 1.1M |
| Deferred Tax | -290,000 | 373,000 | -723,000 | -110,000 |
| Deferred Income Tax | -290,000 | 373,000 | -723,000 | -110,000 |
| Change In Working Capital | 7.9M | 1.7M | 4.2M | -10.6M |
| Changes In Account Receivables | 3.5M | 2.5M | 7.8M | -13.5M |
| Change In Receivables | 12.4M | 4.1M | 3.1M | -20.8M |
| Change In Inventory | 1.2M | -818,000 | -175,000 | 839,000 |
| Change In Payables And Accrued Expense | -8.0M | -3.2M | 352,000 | 11.4M |
| Change In Other Working Capital | 1.6M | 2.1M | 1.2M | -1.9M |
| Change In Other Current Assets | -- | -- | -- | -13.0M |
| Change In Other Current Liabilities | -- | -- | -- | 11.5M |
| Other Non Cash Items | -837,000 | -400,000 | -213,000 | -282,000 |
| Capital Expenditure | -75,000 | -197,000 | -515,000 | -217,000 |
| Purchase Of PPE | -75,000 | -197,000 | -515,000 | -187,000 |
| Net PPE Purchase And Sale | -75,000 | -197,000 | -515,000 | -187,000 |
| Purchase Of Business | -- | 0.00 | -7.8M | 0.00 |
| Sale Of Business | 22,000 | 0.00 | -- | -- |
| Investing Cash Flow | -53,000 | -311,000 | -9.9M | -217,000 |
| Cash Flow From Continuing Investing Activities | -53,000 | -311,000 | -9.9M | -217,000 |
| Repayment Of Debt | -251,000 | -219,000 | -309,000 | -6.3M |
| Net Issuance Payments Of Debt | -251,000 | -219,000 | -309,000 | -6.3M |
| Issuance Of Capital Stock | -- | -- | 0.00 | 26.5M |
| Net Common Stock Issuance | -- | -- | 0.00 | 26.5M |
| Financing Cash Flow | -278,000 | -265,000 | -231,000 | 25.7M |
| Cash Flow From Continuing Financing Activities | -251,000 | -182,000 | -231,000 | 25.7M |
| Effect Of Exchange Rate Changes | 92,000 | -16,000 | 13,000 | 0.00 |
| Changes In Cash | 4.3M | -9.6M | -10.1M | 15.0M |
| Beginning Cash Position | 11.8M | 21.4M | 31.5M | 16.4M |
| End Cash Position | 16.2M | 11.8M | 21.4M | 31.5M |
| Free Cash Flow | 4.5M | -9.2M | -475,000 | -10.7M |
| Amortization Cash Flow | 565,000 | 1.8M | 1.7M | 1.2M |
| Amortization Of Intangibles | 565,000 | 1.8M | 1.7M | 1.2M |
| Asset Impairment Charge | 0.00 | 14.4M | 0.00 | -- |
| Cash From Discontinued Financing Activities | -27,000 | -83,000 | -- | -- |
| Cash From Discontinued Investing Activities | 0.00 | 0.00 | -- | -- |
| Cash From Discontinued Operating Activities | -713,000 | -1.4M | -- | -- |
| Change In Prepaid Assets | 679,000 | -474,000 | -302,000 | -168,000 |
| Common Stock Issuance | -- | -- | 0.00 | 26.5M |
| Depreciation | 545,000 | 517,000 | 593,000 | 329,000 |
| Interest Paid Cfo | -143,000 | -76,000 | -78,000 | -39,000 |
| Interest Received Cfo | 333,000 | 546,000 | 194,000 | 153,000 |
| Long Term Debt Payments | -251,000 | -219,000 | -309,000 | -6.3M |
| Net Business Purchase And Sale | 22,000 | 0.00 | -7.8M | 0.00 |
| Net Foreign Currency Exchange Gain Loss | -1.3M | 290,000 | -2.2M | 184,000 |
| Net Income From Continuing Operations | -1.4M | -28.5M | -5.5M | -2.5M |
| Net Intangibles Purchase And Sale | -- | -- | 0.00 | -30,000 |
| Net Long Term Debt Issuance | -251,000 | -219,000 | -309,000 | -6.3M |
| Net Other Financing Charges | -- | -- | -- | -2.0M |
| Net Other Investing Changes | -- | -114,000 | -1.6M | -- |
| Operating Gains Losses | -1.3M | 290,000 | -2.2M | 184,000 |
| Proceeds From Stock Option Exercised | 0.00 | 37,000 | 78,000 | 7.6M |
| Purchase Of Intangibles | -- | -- | 0.00 | -30,000 |
| Unrealized Gain Loss On Investment Securities | -531,000 | 1.1M | -- | -- |