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 | 28.2M | 25.4M | 23.5M | 16.0M |
| Operating Revenue | 28.2M | 25.4M | 23.5M | 16.0M |
| Cost Of Revenue | 15.7M | 13.7M | 11.6M | 7.4M |
| Gross Profit | 12.6M | 11.8M | 11.9M | 8.6M |
| Selling General And Administration | 8.7M | 8.3M | 8.0M | 6.3M |
| General And Administrative Expense | 7.8M | 7.3M | 7.4M | 5.9M |
| Research And Development | 2.0M | 2.2M | 2.1M | 1.9M |
| Depreciation And Amortization In Income Statement | 639,502 | 610,470 | 743,678 | 755,931 |
| Other Operating Expenses | -- | -- | -- | -429,873 |
| Operating Expense | 11.1M | 11.1M | 10.8M | 8.5M |
| Operating Income | 1.5M | 674,848 | 1.1M | 131,477 |
| EBIT | 2.4M | -103,968 | 618,078 | -156,989 |
| Interest Expense | 271,032 | 127,915 | 86,530 | 119,555 |
| Interest Expense Non Operating | 271,032 | 127,915 | 86,530 | 119,555 |
| Interest Income | -- | -- | -- | 0.00 |
| Interest Income Non Operating | -- | -- | -- | 0.00 |
| Net Interest Income | -404,736 | -249,816 | -191,462 | -119,555 |
| Other Income Expense | 1.0M | -656,914 | -363,381 | -288,466 |
| Special Income Charges | 883,635 | -441,165 | -378,261 | -184,122 |
| Restructuring And Mergern Acquisition | -1.3M | 440,628 | 197,522 | -- |
| Write Off | -13,174 | -2,699 | 46,241 | 889.00 |
| Gain On Sale Of Security | 136,484 | -215,749 | 14,880 | -104,344 |
| Pretax Income | 2.1M | -231,883 | 531,548 | -276,544 |
| Tax Provision | 696,302 | 152,435 | -78,316 | 38,869 |
| Tax Effect Of Unusual Items | 338,389 | -262,766 | -95,242 | -76,443 |
| Net Income From Continuing And Discontinued Operation | 1.4M | -384,318 | 609,864 | -315,413 |
| Net Income From Continuing Operation Net Minority Interest | 1.4M | -384,318 | 609,864 | -315,413 |
| Net Income Including Noncontrolling Interests | 1.4M | -384,318 | 609,864 | -315,413 |
| Net Income Common Stockholders | 1.4M | -384,318 | 609,864 | -315,413 |
| Net Income | 1.4M | -384,318 | 609,864 | -315,413 |
| EBITDA | 3.0M | 811,752 | 1.7M | 890,834 |
| Normalized EBITDA | 2.0M | 1.5M | 2.0M | 1.2M |
| Reconciled Depreciation | 639,502 | 915,720 | 1.0M | 1.0M |
| Basic EPS | 0.05 | -0.02 | 0.02 | -0.01 |
| Diluted EPS | 0.05 | -0.02 | 0.02 | -0.01 |
| Basic Average Shares | 25.5M | 25.5M | 25.3M | 23.4M |
| Diluted Average Shares | 25.6M | 25.5M | 25.6M | 23.4M |
| Total Unusual Items | 1.0M | -656,914 | -363,381 | -288,466 |
| Total Unusual Items Excluding Goodwill | 1.0M | -656,914 | -363,381 | -288,466 |
| Tax Rate For Calcs | 0.33 | 0.40 | 0.26 | 0.27 |
| Normalized Income | 721,062 | 9,830 | 878,003 | -103,390 |
| Amortization | 639,502 | 610,470 | 743,678 | 755,931 |
| Amortization Of Intangibles Income Statement | 639,502 | 610,470 | 743,678 | 755,931 |
| Depreciation Amortization Depletion Income Statement | 639,502 | 610,470 | 743,678 | 755,931 |
| Diluted NI Availto Com Stockholders | 1.4M | -384,318 | 609,864 | -315,413 |
| Gain On Sale Of Business | -- | -- | -197,522 | -298,735 |
| Gain On Sale Of Ppe | 32,291 | -3,236 | 0.00 | 46.00 |
| Impairment Of Capital Assets | 461,173 | 0.00 | 134,498 | 0.00 |
| Net Income Continuous Operations | 1.4M | -384,318 | 609,864 | -315,413 |
| Net Non Operating Interest Income Expense | -404,736 | -249,816 | -191,462 | -119,555 |
| Other Gand A | 1.9M | 1.7M | 1.6M | 1.3M |
| Other Special Charges | -- | -- | -- | -115,456 |
| Other Taxes | -269,057 | 0.00 | -- | -- |
| Reconciled Cost Of Revenue | 15.7M | 13.4M | 11.3M | 7.1M |
| Salaries And Wages | 6.0M | 5.6M | 5.8M | 4.6M |
| Selling And Marketing Expense | 920,085 | 954,144 | 622,198 | 372,137 |
| Total Expenses | 26.7M | 24.8M | 22.4M | 15.9M |
| Total Operating Income As Reported | 935,430 | 458,561 | 920,532 | 26,290 |
| Total Other Finance Cost | 133,704 | 121,901 | 104,932 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 1.2M | 898,135 | 860,062 | 740,078 |
| Cash Cash Equivalents And Short Term Investments | 1.2M | 898,135 | 860,062 | 740,078 |
| Accounts Receivable | 3.8M | 6.8M | 4.4M | 3.4M |
| Receivables | 4.1M | 7.0M | 4.5M | 3.6M |
| Prepaid Assets | 304,806 | 305,665 | 385,229 | 181,269 |
| Other Current Assets | -- | -1.00 | -- | -124,604 |
| Current Assets | 5.6M | 8.2M | 5.7M | 4.5M |
| Gross PPE | 3.1M | 3.9M | 3.6M | 3.8M |
| Accumulated Depreciation | -2.7M | -3.1M | -2.6M | -2.2M |
| Net PPE | 365,081 | 720,715 | 991,301 | 1.5M |
| Goodwill | 1.8M | 2.2M | 1.0M | 1.0M |
| Goodwill And Other Intangible Assets | 6.0M | 6.9M | 3.6M | 4.2M |
| Other Intangible Assets | 4.2M | 4.7M | 2.6M | 3.1M |
| Other Non Current Assets | -- | -- | -- | 1.00 |
| Total Non Current Assets | 6.3M | 7.7M | 4.8M | 5.7M |
| Total Assets | 12.0M | 15.9M | 10.5M | 10.2M |
| Current Debt | 606,204 | 1.2M | 1.1M | 840,000 |
| Current Debt And Capital Lease Obligation | 776,778 | 1.5M | 1.4M | 1.1M |
| Accounts Payable | 635,523 | 3.1M | 355,726 | 478,290 |
| Payables | 635,523 | 3.6M | 991,960 | 1.3M |
| Payables And Accrued Expenses | 1.3M | 4.2M | 1.5M | 1.8M |
| Current Accrued Expenses | 623,923 | 544,484 | 476,506 | 430,330 |
| Current Deferred Revenue | 163,893 | 376,370 | 766,595 | 645,499 |
| Other Current Liabilities | -- | -- | -- | 868,684 |
| Current Liabilities | 2.2M | 6.1M | 3.6M | 3.5M |
| Long Term Debt | 1.6M | 2.2M | -- | -- |
| Long Term Debt And Capital Lease Obligation | 1.8M | 2.6M | 382,527 | 563,237 |
| Long Term Capital Lease Obligation | 176,001 | 412,331 | 382,527 | 563,237 |
| Other Non Current Liabilities | -- | -- | -- | 469,023 |
| Total Non Current Liabilities Net Minority Interest | 1.9M | 3.6M | 382,527 | 1.0M |
| Total Liabilities Net Minority Interest | 4.1M | 9.6M | 4.0M | 4.5M |
| Common Stock | 7.3M | 7.2M | 7.2M | 7.0M |
| Capital Stock | 7.3M | 7.2M | 7.2M | 7.0M |
| Additional Paid In Capital | 2.0M | 1.9M | 1.7M | 1.6M |
| Retained Earnings | -1.4M | -2.8M | -2.4M | -3.0M |
| Common Stock Equity | 7.9M | 6.3M | 6.5M | 5.6M |
| Stockholders Equity | 7.9M | 6.3M | 6.5M | 5.6M |
| Total Equity Gross Minority Interest | 7.9M | 6.3M | 6.5M | 5.6M |
| Total Capitalization | 9.5M | 8.5M | 6.5M | 5.6M |
| Net Tangible Assets | 1.9M | -577,286 | 2.9M | 1.5M |
| Tangible Book Value | 1.9M | -577,286 | 2.9M | 1.5M |
| Working Capital | 3.4M | 2.1M | 2.1M | 980,482 |
| Invested Capital | 10.1M | 9.7M | 7.7M | 6.5M |
| Total Debt | 2.5M | 4.1M | 1.7M | 1.7M |
| Net Debt | 952,125 | 2.5M | 279,938 | 99,922 |
| Share Issued | 25.6M | 25.5M | 25.5M | 25.1M |
| Ordinary Shares Number | 25.6M | 25.5M | 25.5M | 25.1M |
| Allowance For Doubtful Accounts Receivable | 0.00 | -11,358 | -38,472 | -1,065 |
| Capital Lease Obligations | 346,575 | 700,783 | 593,793 | 811,895 |
| Current Capital Lease Obligation | 170,574 | 288,452 | 211,266 | 248,658 |
| Current Deferred Liabilities | 163,893 | 376,370 | 766,595 | 645,499 |
| Current Notes Payable | -- | -- | -- | 0.00 |
| Gross Accounts Receivable | 3.8M | 6.8M | 4.4M | 3.4M |
| Leases | 197,180 | 197,180 | 197,180 | 197,180 |
| Line Of Credit | 0.00 | 731,777 | 1.1M | 840,000 |
| Machinery Furniture Equipment | 538,812 | 576,802 | 592,393 | 528,414 |
| Non Current Deferred Assets | 0.00 | 145,099 | 183,000 | 0.00 |
| Non Current Deferred Liabilities | 80,377 | 0.00 | -- | -- |
| Non Current Deferred Taxes Assets | 0.00 | 145,099 | 183,000 | 0.00 |
| Non Current Deferred Taxes Liabilities | 80,377 | 0.00 | -- | -- |
| Other Current Borrowings | 606,204 | 478,082 | -- | -- |
| Other Payable | -- | 511,224 | 636,234 | 868,684 |
| Other Properties | 2.4M | 3.1M | 2.8M | 3.0M |
| Other Receivables | 334,333 | 170,922 | 34,884 | 188,727 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Taxes Receivable | 10,889 | 21,343 | 10,082 | 14,589 |
| Tradeand Other Payables Non Current | 15,001 | 958,776 | 0.00 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 2.2M | 1.8M | 985,015 | 1.1M |
| Cash Flow From Continuing Operating Activities | 2.2M | 1.8M | 985,015 | 1.1M |
| Depreciation And Amortization | 639,502 | 915,720 | 1.0M | 1.0M |
| Depreciation Amortization Depletion | 639,502 | 915,720 | 1.0M | 1.0M |
| Stock Based Compensation | 187,245 | 149,877 | 128,700 | 478,832 |
| Deferred Tax | 225,476 | 37,901 | -183,000 | 0.00 |
| Deferred Income Tax | 225,476 | 37,901 | -183,000 | 0.00 |
| Change In Working Capital | 265,627 | 342,976 | -1.2M | -383,558 |
| Changes In Account Receivables | 3.1M | -1.1M | -1.1M | 179,496 |
| Change In Receivables | 2.9M | -1.3M | -991,091 | 131,833 |
| Change In Payables And Accrued Expense | -2.4M | 1.9M | -109,862 | -255,474 |
| Change In Payable | -2.4M | 1.9M | -109,862 | -255,474 |
| Change In Other Working Capital | -212,477 | -390,225 | 121,096 | -215,195 |
| Other Non Cash Items | -894,607 | 690,444 | 388,984 | 418,290 |
| Capital Expenditure | -6,862 | -22,664 | -109,008 | -187,389 |
| Purchase Of PPE | -6,862 | -22,664 | -109,008 | -187,389 |
| Net PPE Purchase And Sale | -6,862 | -22,664 | -109,008 | -184,625 |
| Purchase Of Business | 0.00 | -1.0M | 0.00 | -2.1M |
| Investing Cash Flow | -6,862 | -1.1M | -109,008 | -2.3M |
| Cash Flow From Continuing Investing Activities | -6,862 | -1.1M | -109,008 | -2.3M |
| Issuance Of Debt | -- | 2.0M | 300,000 | 840,000 |
| Repayment Of Debt | -1.4M | -1.8M | -218,102 | -451,172 |
| Net Issuance Payments Of Debt | -1.4M | 226,981 | 81,898 | 388,828 |
| Issuance Of Capital Stock | 23,875 | 0.00 | 154,800 | 153,658 |
| Net Common Stock Issuance | 23,875 | 0.00 | 154,800 | 153,658 |
| Financing Cash Flow | -1.9M | -643,698 | -756,023 | 77,263 |
| Cash Flow From Continuing Financing Activities | -1.9M | -643,698 | -756,023 | 77,263 |
| Changes In Cash | 347,658 | 38,073 | 119,984 | -1.1M |
| Beginning Cash Position | 898,135 | 860,062 | 740,078 | 1.9M |
| End Cash Position | 1.2M | 898,135 | 860,062 | 740,078 |
| Free Cash Flow | 2.2M | 1.7M | 876,007 | 943,972 |
| Income Tax Paid Supplemental Data | 0.00 | 0.00 | 0.00 | 212.00 |
| Interest Paid Supplemental Data | 271,032 | 127,915 | 86,530 | 53,828 |
| Amortization Cash Flow | 452,144 | 319,106 | 390,277 | 401,381 |
| Amortization Of Intangibles | 452,144 | 319,106 | 390,277 | 401,381 |
| Asset Impairment Charge | 461,173 | 0.00 | 134,498 | 0.00 |
| Change In Account Payable | -2.4M | 1.9M | -109,862 | -255,474 |
| Change In Prepaid Assets | 859.00 | 87,912 | -203,960 | -44,722 |
| Common Stock Issuance | 23,875 | 0.00 | 154,800 | 153,658 |
| Depreciation | 187,358 | 596,614 | 653,268 | 646,442 |
| Gain Loss On Sale Of PPE | -32,015 | 3,237 | 0.00 | -46.00 |
| Long Term Debt Issuance | -- | 2.0M | 300,000 | 840,000 |
| Long Term Debt Payments | -1.2M | -789,611 | -218,102 | -256,088 |
| Net Business Purchase And Sale | 0.00 | -1.0M | 0.00 | -2.1M |
| Net Income From Continuing Operations | 1.4M | -384,318 | 609,864 | -315,413 |
| Net Long Term Debt Issuance | -1.2M | 1.2M | 81,898 | 583,912 |
| Net Other Financing Charges | -556,078 | -870,679 | -992,721 | -465,223 |
| Net Short Term Debt Issuance | -181,777 | -983,408 | 0.00 | -195,084 |
| Operating Gains Losses | -32,015 | 3,237 | -- | -115,502 |
| Provisionand Write Offof Assets | -13,174 | -2,699 | 46,241 | 889.00 |
| Sale Of PPE | -- | -- | 0.00 | 2,764 |
| Short Term Debt Issuance | -- | -- | -- | 0.00 |
| Short Term Debt Payments | -181,777 | -983,408 | 0.00 | -195,084 |