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 | 11,138 | 73,000 | 23,326 | 47,985 |
| Operating Revenue | 11,138 | 73,000 | 23,326 | 47,985 |
| Cost Of Revenue | 964,153 | 628,938 | 550,852 | 439,408 |
| Gross Profit | -953,015 | -555,938 | -527,526 | -391,423 |
| Selling General And Administration | 3.5M | 3.7M | 5.8M | 4.2M |
| General And Administrative Expense | 3.5M | 3.7M | 5.8M | 4.2M |
| Research And Development | 301,194 | 582,900 | 348,532 | 532,213 |
| Other Operating Expenses | -- | -- | 50.00 | 220.00 |
| Operating Expense | 3.8M | 4.3M | 6.2M | 4.8M |
| Operating Income | -4.7M | -4.8M | -6.7M | -5.2M |
| EBIT | -5.7M | -6.6M | -3.9M | -4.9M |
| Interest Expense | 1.7M | 764,039 | 664,152 | 0.00 |
| Interest Expense Non Operating | 1.7M | 764,039 | 664,152 | 0.00 |
| Net Interest Income | -1.7M | -764,039 | -664,152 | 0.00 |
| Other Income Expense | -963,766 | -1.7M | 2.8M | 232,770 |
| Other Non Operating Income Expenses | -4,911 | -5,548 | -733.00 | 19,451 |
| Special Income Charges | -- | 0.00 | -103,042 | -233,462 |
| Write Off | -- | -- | 0.00 | 312,665 |
| Gain On Sale Of Security | -- | -- | -103,042 | -80,132 |
| Earnings From Equity Interest | -958,855 | -1.7M | 2.9M | 446,781 |
| Pretax Income | -7.4M | -7.3M | -4.5M | -4.9M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -7.3M | -7.3M | -4.5M | -4.9M |
| Net Income From Continuing Operation Net Minority Interest | -7.3M | -7.3M | -4.5M | -4.9M |
| Net Income Including Noncontrolling Interests | -7.4M | -7.3M | -4.5M | -4.9M |
| Minority Interests | 168,858 | 0.00 | -- | -- |
| Net Income Common Stockholders | -7.3M | -7.3M | -4.5M | -4.9M |
| Net Income | -7.3M | -7.3M | -4.5M | -4.9M |
| EBITDA | -4.7M | -5.9M | -3.3M | -4.5M |
| Normalized EBITDA | -4.7M | -5.9M | -3.2M | -4.3M |
| Reconciled Depreciation | 964,153 | 628,938 | 533,123 | 407,632 |
| Basic EPS | -0.03 | -0.03 | -0.02 | -0.02 |
| Diluted EPS | -0.03 | -0.03 | -0.02 | -0.02 |
| Basic Average Shares | 260.5M | 240.2M | 225.5M | 209.2M |
| Diluted Average Shares | 260.5M | 240.2M | 225.5M | 209.2M |
| Total Unusual Items | -- | 0.00 | -103,042 | -233,462 |
| Total Unusual Items Excluding Goodwill | -- | 0.00 | -103,042 | -233,462 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -7.3M | -7.3M | -4.4M | -4.7M |
| Diluted NI Availto Com Stockholders | -7.3M | -7.3M | -4.5M | -4.9M |
| Gain On Sale Of Ppe | -- | 0.00 | -103,042 | 79,203 |
| Impairment Of Capital Assets | -- | -- | -- | 0.00 |
| Insurance And Claims | 39,663 | 44,937 | 49,019 | 27,643 |
| Net Income Continuous Operations | -7.4M | -7.3M | -4.5M | -4.9M |
| Net Non Operating Interest Income Expense | -1.7M | -764,039 | -664,152 | 0.00 |
| Other Gand A | 2.0M | 2.0M | 2.3M | 2.7M |
| Reconciled Cost Of Revenue | 964,153 | 628,938 | 550,852 | 439,408 |
| Rent And Landing Fees | 34,518 | 19,486 | 19,356 | 39,567 |
| Rent Expense Supplemental | 34,518 | 19,486 | 19,356 | 39,567 |
| Salaries And Wages | 1.4M | 1.6M | 3.4M | 1.5M |
| Total Expenses | 4.7M | 4.9M | 6.7M | 5.2M |
| Total Operating Income As Reported | -5.7M | -6.6M | -3.7M | -4.7M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 72,073 | 36,529 | 349,638 | 4.9M |
| Cash Cash Equivalents And Short Term Investments | 72,073 | 36,529 | 349,638 | 4.9M |
| Cash Financial | 72,073 | 36,529 | 349,638 | 4.9M |
| Accounts Receivable | 17,705 | 89,388 | 54,511 | 24,476 |
| Receivables | 17,705 | 89,388 | 54,511 | 24,476 |
| Prepaid Assets | 89,993 | 113,608 | 43,515 | 41,616 |
| Current Assets | 179,771 | 239,525 | 447,664 | 5.0M |
| Gross PPE | -- | -- | 0.00 | 187,008 |
| Accumulated Depreciation | -- | -- | 0.00 | -11,200 |
| Net PPE | -- | -- | 0.00 | 175,808 |
| Goodwill And Other Intangible Assets | 1.2M | 2.1M | 2.7M | 2.9M |
| Other Intangible Assets | 1.2M | 2.1M | 2.7M | 2.9M |
| Investments And Advances | 15.9M | 16.7M | 18.6M | 14.4M |
| Long Term Equity Investment | 15.9M | 16.7M | 15.1M | 12.8M |
| Other Investments | -- | 3.5M | 3.5M | 1.6M |
| Other Non Current Assets | 92,111 | 8,519 | -- | -- |
| Total Non Current Assets | 17.1M | 18.8M | 21.4M | 17.4M |
| Total Assets | 17.3M | 19.0M | 21.8M | 22.4M |
| Current Debt | 2.7M | 30,243 | 29,512 | -- |
| Current Debt And Capital Lease Obligation | 2.7M | 30,243 | 29,512 | -- |
| Payables And Accrued Expenses | 2.4M | 1.7M | 1.1M | 867,688 |
| Current Liabilities | 5.1M | 1.8M | 1.2M | 867,688 |
| Long Term Debt | -- | 3.9M | 3.0M | 3.9M |
| Long Term Debt And Capital Lease Obligation | -- | 3.9M | 3.0M | 3.9M |
| Other Non Current Liabilities | 24,260 | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 24,260 | 3.9M | 3.0M | 4.0M |
| Total Liabilities Net Minority Interest | 5.1M | 5.6M | 4.2M | 4.8M |
| Common Stock | 61.7M | 54.7M | 51.7M | 51.0M |
| Capital Stock | 61.7M | 54.7M | 51.7M | 51.0M |
| Additional Paid In Capital | 5.8M | 7.0M | 6.8M | 3.1M |
| Retained Earnings | -54.2M | -46.9M | -39.6M | -35.1M |
| Treasury Stock | -- | -- | -- | 74,808 |
| Gains Losses Not Affecting Retained Earnings | -1.3M | -1.4M | -1.3M | -1.5M |
| Common Stock Equity | 12.4M | 13.4M | 17.6M | 17.6M |
| Stockholders Equity | 12.4M | 13.4M | 17.6M | 17.6M |
| Total Equity Gross Minority Interest | 12.2M | 13.4M | 17.6M | 17.6M |
| Minority Interest | -168,858 | 0.00 | -- | -- |
| Total Capitalization | 12.4M | 17.3M | 20.7M | 21.5M |
| Net Tangible Assets | 11.2M | 11.3M | 14.9M | 14.7M |
| Tangible Book Value | 11.2M | 11.3M | 14.9M | 14.7M |
| Working Capital | -4.9M | -1.5M | -712,651 | 4.1M |
| Invested Capital | 15.1M | 17.3M | 20.7M | 21.5M |
| Total Debt | 2.7M | 3.9M | 3.1M | 3.9M |
| Net Debt | 2.6M | 3.9M | 2.7M | -- |
| Share Issued | 283.1M | 248.1M | 226.3M | 222.4M |
| Ordinary Shares Number | 283.1M | 248.1M | 226.3M | 222.4M |
| Investments In Other Ventures Under Equity Method | 3.6M | 3.5M | -- | -- |
| Investmentsin Associatesat Cost | 12.2M | 13.2M | -- | -- |
| Long Term Provisions | -- | -- | -- | 7,766 |
| Other Current Borrowings | 2.7M | 30,243 | -- | -- |
| Other Equity Interest | 347,488 | -- | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -3.0M | -3.2M | -3.3M | -3.1M |
| Cash Flow From Continuing Operating Activities | -3.0M | -3.2M | -3.3M | -3.1M |
| Depreciation Amortization Depletion | 964,153 | 628,938 | 533,123 | 407,632 |
| Stock Based Compensation | 62,110 | 227,356 | 2.1M | 1.0M |
| Change In Working Capital | 682,089 | 568,804 | 197,095 | 496,887 |
| Changes In Account Receivables | 71,683 | -34,877 | -30,035 | -22,100 |
| Change In Receivables | 71,683 | -34,877 | -30,035 | -22,100 |
| Change In Payables And Accrued Expense | 604,858 | 677,853 | 263,115 | 550,791 |
| Change In Payable | -- | -- | 263,115 | 550,791 |
| Change In Other Working Capital | -18,067 | -4,079 | -34,086 | -- |
| Other Non Cash Items | 1.7M | 764,039 | 664,152 | 220.00 |
| Capital Expenditure | -- | -58,161 | -395,677 | -856,688 |
| Purchase Of PPE | 0.00 | -1,745 | 0.00 | -41,667 |
| Net PPE Purchase And Sale | 0.00 | -1,745 | 62,650 | 3,333 |
| Purchase Of Business | -- | -- | -- | 0.00 |
| Purchase Of Investment | -141,626 | 0.00 | -2.0M | -1.8M |
| Net Investment Purchase And Sale | -141,626 | 0.00 | -2.0M | -1.8M |
| Investing Cash Flow | -141,626 | -45,269 | -2.3M | -2.6M |
| Cash Flow From Continuing Investing Activities | -141,626 | -45,269 | -2.3M | -2.6M |
| Issuance Of Debt | 1.2M | 0.00 | -- | 0.00 |
| Repayment Of Debt | -- | -- | -- | 0.00 |
| Net Issuance Payments Of Debt | 1.2M | 0.00 | -- | 0.00 |
| Issuance Of Capital Stock | 1.7M | 2.9M | 491,671 | 4.2M |
| Net Common Stock Issuance | 1.7M | 2.9M | 491,671 | 4.2M |
| Financing Cash Flow | 3.2M | 2.9M | 1.0M | 8.1M |
| Cash Flow From Continuing Financing Activities | 3.2M | 2.9M | 1.0M | 8.1M |
| Effect Of Exchange Rate Changes | -3,589 | 617.00 | 335.00 | -179,539 |
| Changes In Cash | 39,133 | -313,726 | -4.5M | 2.3M |
| Beginning Cash Position | 36,529 | 349,638 | 4.9M | 2.8M |
| End Cash Position | 72,073 | 36,529 | 349,638 | 4.9M |
| Free Cash Flow | -3.0M | -3.3M | -3.7M | -4.0M |
| Asset Impairment Charge | -- | -- | 0.00 | 312,665 |
| Change In Account Payable | -- | -- | 263,115 | 550,791 |
| Change In Accrued Expense | -- | -- | 165,093 | 0.00 |
| Change In Interest Payable | -- | -- | 165,093 | 0.00 |
| Change In Prepaid Assets | 23,615 | -70,093 | -1,899 | -31,804 |
| Common Stock Issuance | 1.7M | 2.9M | 491,671 | 4.2M |
| Dividend Received Cfo | 0.00 | 191,000 | 624,826 | 119,988 |
| Earnings Losses From Equity Investments | 958,855 | 1.7M | -2.9M | -446,781 |
| Gain Loss On Sale Of PPE | 0.00 | 5,452 | 103,042 | -79,203 |
| Long Term Debt Issuance | -- | -- | -- | 0.00 |
| Long Term Debt Payments | -- | -- | -- | 0.00 |
| Net Business Purchase And Sale | -- | -- | -- | 0.00 |
| Net Foreign Currency Exchange Gain Loss | -- | -- | -- | 23,525 |
| Net Income From Continuing Operations | -7.4M | -7.3M | -4.5M | -4.9M |
| Net Intangibles Purchase And Sale | 0.00 | -56,416 | -395,677 | -815,021 |
| Net Long Term Debt Issuance | -- | -- | -- | 0.00 |
| Net Other Financing Charges | 340,503 | -10,810 | -694.00 | -6,360 |
| Net Other Investing Changes | -- | 12,892 | -- | -75,851 |
| Net Short Term Debt Issuance | 1.2M | 0.00 | -- | -- |
| Operating Gains Losses | 958,855 | 1.7M | -2.8M | -545,047 |
| Proceeds From Stock Option Exercised | -- | 0.00 | 533,552 | 3.9M |
| Purchase Of Intangibles | 0.00 | -56,416 | -395,677 | -815,021 |
| Sale Of PPE | -- | 0.00 | 62,650 | 45,000 |
| Short Term Debt Issuance | 1.2M | 0.00 | -- | -- |