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 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling General And Administration | 1.9M | 1.7M | 3.9M | 6.4M |
| General And Administrative Expense | 1.8M | 1.3M | 3.4M | 5.9M |
| Research And Development | 2,972 | 384,887 | 622,651 | 179,900 |
| Depreciation And Amortization In Income Statement | 100.00 | 223.00 | 495.00 | 1,101 |
| Other Operating Expenses | 77,984 | 95,099 | 63,175 | 49,099 |
| Operating Expense | 2.0M | 2.2M | 4.6M | 6.7M |
| Operating Income | -2.0M | -2.2M | -4.6M | -6.7M |
| EBIT | -2.0M | -2.0M | -4.4M | -6.5M |
| Interest Expense | 615,213 | 550,084 | 350,314 | 10,487 |
| Interest Expense Non Operating | 615,213 | 550,084 | 350,314 | 10,487 |
| Interest Income | -- | -- | -- | 73,060 |
| Interest Income Non Operating | -- | -- | -- | 73,060 |
| Net Interest Income | -625,163 | -556,118 | -354,018 | -20,852 |
| Other Income Expense | -12,544 | 210,977 | 183,476 | 135,169 |
| Special Income Charges | 0.00 | 194,797 | 2,214 | 0.00 |
| Gain On Sale Of Security | -12,544 | 16,180 | 181,262 | 135,169 |
| Pretax Income | -2.6M | -2.5M | -4.7M | -6.5M |
| Tax Provision | -- | 0.00 | 486,921 | -255,784 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 48,089 | 5,285 |
| Net Income From Continuing And Discontinued Operation | -2.6M | -2.5M | -5.2M | -6.3M |
| Net Income From Continuing Operation Net Minority Interest | -2.6M | -2.5M | -5.2M | -6.3M |
| Net Income Including Noncontrolling Interests | -2.6M | -2.5M | -5.2M | -6.3M |
| Net Income Common Stockholders | -2.6M | -2.5M | -5.2M | -6.3M |
| Net Income | -2.6M | -2.5M | -5.2M | -6.3M |
| EBITDA | -2.0M | -2.0M | -4.4M | -6.5M |
| Normalized EBITDA | -2.0M | -2.2M | -4.6M | -6.7M |
| Reconciled Depreciation | 100.00 | 223.00 | 495.00 | 1,101 |
| Basic EPS | -0.03 | -0.03 | -0.07 | -0.11 |
| Diluted EPS | -0.03 | -0.03 | -0.07 | -0.11 |
| Basic Average Shares | 95.1M | 82.5M | 70.0M | 57.4M |
| Diluted Average Shares | 95.1M | 82.5M | 70.0M | 57.4M |
| Total Unusual Items | -12,544 | 210,977 | 183,476 | 135,169 |
| Total Unusual Items Excluding Goodwill | -12,544 | 210,977 | 183,476 | 135,169 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.26 | 0.04 |
| Normalized Income | -2.6M | -2.7M | -5.4M | -6.4M |
| Depreciation Amortization Depletion Income Statement | 100.00 | 223.00 | 495.00 | 1,101 |
| Depreciation Income Statement | 100.00 | 223.00 | 495.00 | 1,101 |
| Diluted NI Availto Com Stockholders | -2.6M | -2.5M | -5.2M | -6.3M |
| Net Income Continuous Operations | -2.6M | -2.5M | -5.2M | -6.3M |
| Net Non Operating Interest Income Expense | -625,163 | -556,118 | -354,018 | -20,852 |
| Other Gand A | 1.5M | 1.2M | 3.3M | 5.6M |
| Other Special Charges | -- | -194,797 | -2,214 | -- |
| Salaries And Wages | 330,983 | 149,898 | 178,683 | 361,600 |
| Selling And Marketing Expense | 107,422 | 375,308 | 458,996 | 493,271 |
| Total Expenses | 2.0M | 2.2M | 4.6M | 6.7M |
| Total Other Finance Cost | 9,950 | 6,034 | 3,704 | 83,425 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 705,700 | 155,416 | 135,746 | 219,445 |
| Cash Cash Equivalents And Short Term Investments | 705,700 | 155,416 | 135,746 | 219,445 |
| Cash Financial | 705,700 | 155,416 | 135,746 | 219,445 |
| Receivables | 229,604 | 25,059 | 138,938 | 342,700 |
| Prepaid Assets | 56,475 | 133,106 | 190,254 | 0.00 |
| Current Assets | 991,779 | 313,581 | 464,938 | 562,145 |
| Gross PPE | 6,138 | 6,138 | 6,138 | 6,138 |
| Accumulated Depreciation | -6,055 | -5,955 | -5,732 | -5,237 |
| Net PPE | 83.00 | 183.00 | 406.00 | 901.00 |
| Goodwill And Other Intangible Assets | 1.00 | 1.00 | 1.00 | 1.00 |
| Other Intangible Assets | 1.00 | 1.00 | 1.00 | -- |
| Total Non Current Assets | 84.00 | 184.00 | 407.00 | 902.00 |
| Total Assets | 991,863 | 313,765 | 465,345 | 563,047 |
| Accounts Payable | 2.8M | 2.9M | -- | 4.4M |
| Payables | 2.8M | 2.9M | -- | 4.4M |
| Payables And Accrued Expenses | 2.8M | 2.9M | 2.6M | 4.4M |
| Current Liabilities | 2.8M | 2.9M | 2.6M | 4.4M |
| Long Term Debt | 4.9M | 4.3M | 4.1M | 1.5M |
| Long Term Debt And Capital Lease Obligation | 4.9M | 4.3M | 4.1M | 1.5M |
| Total Non Current Liabilities Net Minority Interest | 5.4M | 4.8M | 4.6M | 1.5M |
| Total Liabilities Net Minority Interest | 8.2M | 7.7M | 7.2M | 5.8M |
| Common Stock | 43.9M | 42.5M | 41.1M | 38.7M |
| Capital Stock | 43.9M | 42.5M | 41.1M | 38.7M |
| Additional Paid In Capital | 13.2M | 11.9M | 10.2M | 10.1M |
| Retained Earnings | -65.9M | -63.3M | -60.8M | -55.5M |
| Common Stock Equity | -7.2M | -7.4M | -6.8M | -5.3M |
| Stockholders Equity | -7.2M | -7.4M | -6.8M | -5.3M |
| Total Equity Gross Minority Interest | -7.2M | -7.4M | -6.8M | -5.3M |
| Total Capitalization | -2.3M | -3.0M | -2.6M | -3.8M |
| Net Tangible Assets | -7.2M | -7.4M | -6.8M | -5.3M |
| Tangible Book Value | -7.2M | -7.4M | -6.8M | -5.3M |
| Working Capital | -1.8M | -2.6M | -2.2M | -3.8M |
| Invested Capital | -2.3M | -3.0M | -2.6M | -3.8M |
| Total Debt | 4.9M | 4.3M | 4.1M | 1.5M |
| Net Debt | 4.2M | 4.2M | 4.0M | 1.3M |
| Share Issued | 140.6M | 87.1M | 75.7M | 59.2M |
| Ordinary Shares Number | 140.6M | 87.1M | 75.7M | 59.2M |
| Line Of Credit | -- | -- | -- | 0.00 |
| Machinery Furniture Equipment | -- | 6,138 | 6,138 | -- |
| Non Current Deferred Liabilities | 486,921 | 486,921 | 486,921 | 0.00 |
| Non Current Deferred Taxes Liabilities | 486,921 | 486,921 | 486,921 | 0.00 |
| Other Equity Interest | 1.5M | 1.5M | 2.7M | 1.5M |
| Other Properties | 6,138 | 6,138 | 6,138 | 6,138 |
| Other Receivables | 200,000 | -- | -- | 226,000 |
| Taxes Receivable | 29,604 | 25,059 | 138,938 | 116,700 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -1.9M | -1.4M | -6.1M | -3.5M |
| Cash Flow From Continuing Operating Activities | -1.9M | -1.4M | -6.1M | -3.5M |
| Depreciation And Amortization | 100.00 | 223.00 | 495.00 | 1,101 |
| Depreciation Amortization Depletion | 100.00 | 223.00 | 495.00 | 1,101 |
| Stock Based Compensation | 330,983 | 149,898 | 178,683 | 361,600 |
| Deferred Tax | -- | 0.00 | 486,921 | -255,784 |
| Deferred Income Tax | -- | 0.00 | 486,921 | -255,784 |
| Change In Working Capital | -232,106 | 554,726 | -1.7M | 2.8M |
| Change In Receivables | -204,545 | 113,879 | 203,762 | 1.7M |
| Change In Payables And Accrued Expense | -104,192 | 383,699 | -1.7M | 1.1M |
| Other Non Cash Items | 615,213 | 556,118 | 354,018 | 20,852 |
| Investing Cash Flow | -- | -- | 0.00 | 171,116 |
| Cash Flow From Continuing Investing Activities | -- | -- | 0.00 | 171,116 |
| Issuance Of Debt | -- | 0.00 | 2.8M | 2.5M |
| Repayment Of Debt | -- | -- | 0.00 | -175,000 |
| Net Issuance Payments Of Debt | -- | 0.00 | 2.8M | 2.3M |
| Issuance Of Capital Stock | 2.5M | 1.4M | 3.5M | 839,923 |
| Net Common Stock Issuance | 2.5M | 1.4M | 3.5M | 839,923 |
| Financing Cash Flow | 2.5M | 1.4M | 6.0M | 3.3M |
| Cash Flow From Continuing Financing Activities | 2.5M | 1.4M | 6.0M | 3.3M |
| Changes In Cash | 550,284 | 19,670 | -83,699 | -38,506 |
| Beginning Cash Position | 155,416 | 135,746 | 219,445 | 257,951 |
| End Cash Position | 705,700 | 155,416 | 135,746 | 219,445 |
| Free Cash Flow | -1.9M | -1.4M | -6.1M | -3.5M |
| Change In Prepaid Assets | 76,631 | 57,148 | -190,254 | 45,517 |
| Common Stock Issuance | 2.5M | 1.4M | 3.5M | 839,923 |
| Depreciation | 100.00 | 223.00 | 495.00 | 1,101 |
| Long Term Debt Issuance | -- | 0.00 | 2.8M | 2.5M |
| Long Term Debt Payments | -- | -- | 0.00 | -175,000 |
| Net Foreign Currency Exchange Gain Loss | 0.00 | 16,180 | -181,262 | -135,169 |
| Net Income From Continuing Operations | -2.6M | -2.5M | -5.2M | -6.3M |
| Net Long Term Debt Issuance | -- | 0.00 | 2.8M | 2.3M |
| Net Other Financing Charges | -- | -78,103 | -202,469 | -64,350 |
| Net Other Investing Changes | -- | -- | -- | 171,116 |
| Net Short Term Debt Issuance | -- | -- | -- | 2.5M |
| Operating Gains Losses | -- | -178,617 | -181,262 | -135,169 |
| Proceeds From Stock Option Exercised | 0.00 | 12,798 | 18,567 | 167,466 |
| Short Term Debt Issuance | -- | -- | -- | 2.5M |