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 | 2.2M | 2.1M | 1.4M | 419,749 |
| Operating Revenue | 2.2M | 2.1M | 1.4M | 419,749 |
| Cost Of Revenue | 1.1M | 364,812 | 364,297 | 220,620 |
| Gross Profit | 1.1M | 1.7M | 1.1M | 199,129 |
| Selling General And Administration | 2.6M | 2.8M | 2.9M | 2.7M |
| General And Administrative Expense | 2.1M | 2.3M | 2.3M | 2.4M |
| Depreciation And Amortization In Income Statement | 833,297 | 911,456 | 906,718 | 658,795 |
| Other Operating Expenses | 1.1M | 902,870 | 792,196 | 534,796 |
| Operating Expense | 4.5M | 4.7M | 4.6M | 3.9M |
| Operating Income | -3.4M | -3.0M | -3.5M | -3.7M |
| EBIT | -71,934 | -2.2M | -4.0M | -5.5M |
| Interest Expense | 2.0M | 1.4M | 1.1M | 1.1M |
| Interest Expense Non Operating | 2.0M | 1.4M | 1.1M | 1.1M |
| Interest Income | 27,563 | 1,733 | 963.00 | 873.00 |
| Interest Income Non Operating | 27,563 | 1,733 | 963.00 | 873.00 |
| Net Interest Income | -1.9M | -1.4M | -1.1M | -1.1M |
| Other Income Expense | 3.3M | 738,674 | -548,720 | -1.8M |
| Other Non Operating Income Expenses | -- | 12,536 | -- | -- |
| Special Income Charges | 3.6M | 525,245 | -131,375 | -1.6M |
| Restructuring And Mergern Acquisition | -- | 0.00 | 0.00 | 1.6M |
| Write Off | 106,206 | 38,000 | 81,078 | 95,129 |
| Gain On Sale Of Security | -340,170 | 203,301 | -405,979 | 9,531 |
| Earnings From Equity Interest | -6,703 | -2,408 | -11,366 | -135,774 |
| Pretax Income | -2.0M | -3.6M | -5.1M | -6.6M |
| Tax Provision | -667,093 | -328,182 | 0.00 | 0.00 |
| Tax Effect Of Unusual Items | 1.1M | 66,298 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -1.4M | -3.3M | -5.1M | -6.6M |
| Net Income From Continuing Operation Net Minority Interest | -1.4M | -3.3M | -5.1M | -6.6M |
| Net Income Including Noncontrolling Interests | -1.4M | -3.3M | -5.1M | -6.6M |
| Net Income Common Stockholders | -1.4M | -3.3M | -5.1M | -6.6M |
| Net Income | -1.4M | -3.3M | -5.1M | -6.6M |
| EBITDA | 761,363 | -1.3M | -3.1M | -4.8M |
| Normalized EBITDA | -2.5M | -2.0M | -2.6M | -3.2M |
| Reconciled Depreciation | 833,297 | 911,456 | 906,718 | 658,795 |
| Basic EPS | -0.01 | -0.02 | -0.05 | -0.09 |
| Diluted EPS | -0.01 | -0.02 | -0.05 | -0.09 |
| Basic Average Shares | 155.6M | 132.3M | 108.3M | 70.7M |
| Diluted Average Shares | 155.6M | 132.3M | 108.3M | 70.7M |
| Total Unusual Items | 3.3M | 728,546 | -537,354 | -1.6M |
| Total Unusual Items Excluding Goodwill | 3.3M | 728,546 | -537,354 | -1.6M |
| Tax Rate For Calcs | 0.33 | 0.09 | 0.00 | 0.00 |
| Normalized Income | -3.6M | -3.9M | -4.6M | -4.9M |
| Amortization | 833,297 | 911,456 | 906,718 | 658,795 |
| Amortization Of Intangibles Income Statement | 833,297 | 911,456 | 906,718 | 658,795 |
| Depreciation Amortization Depletion Income Statement | 833,297 | 911,456 | 906,718 | 658,795 |
| Diluted NI Availto Com Stockholders | -1.4M | -3.3M | -5.1M | -6.6M |
| Impairment Of Capital Assets | 363,383 | 50,842 | 50,297 | 129,755 |
| Net Income Continuous Operations | -1.4M | -3.3M | -5.1M | -6.6M |
| Net Non Operating Interest Income Expense | -1.9M | -1.4M | -1.1M | -1.1M |
| Other Gand A | 660,739 | 593,431 | 733,488 | 809,807 |
| Other Special Charges | -4.1M | -614,087 | -- | -190,461 |
| Reconciled Cost Of Revenue | 1.1M | 364,812 | 364,297 | 220,620 |
| Rent And Landing Fees | 198,426 | 96,733 | 107,640 | 98,896 |
| Rent Expense Supplemental | 198,426 | 96,733 | 107,640 | 98,896 |
| Salaries And Wages | 1.3M | 1.6M | 1.5M | 1.5M |
| Selling And Marketing Expense | 422,183 | 550,335 | 520,254 | 250,332 |
| Total Expenses | 5.6M | 5.0M | 4.9M | 4.1M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 1.6M | 99,948 | 101,289 | 252,857 |
| Cash Cash Equivalents And Short Term Investments | 1.6M | 99,948 | 101,289 | 252,857 |
| Cash Equivalents | 17,250 | 17,250 | 17,250 | 117,250 |
| Cash Financial | 1.5M | 82,698 | 84,039 | 135,607 |
| Accounts Receivable | 241,443 | 355,659 | 326,339 | 219,763 |
| Receivables | 604,633 | 480,518 | 446,478 | 252,198 |
| Inventory | 1.5M | 0.00 | -- | -- |
| Prepaid Assets | 543,728 | 152,901 | 51,792 | 62,142 |
| Current Assets | 4.2M | 733,367 | 599,559 | 567,197 |
| Gross PPE | 5.0M | 7.5M | 5.3M | 3.7M |
| Accumulated Depreciation | -2.4M | -2.6M | -2.2M | -184,889 |
| Net PPE | 2.6M | 4.9M | 3.0M | 3.6M |
| Goodwill And Other Intangible Assets | 372,062 | 348,038 | 156,437 | 87,766 |
| Other Intangible Assets | 372,062 | 348,038 | 156,437 | 87,766 |
| Investments And Advances | 0.00 | 6,703 | 9,111 | 101,555 |
| Long Term Equity Investment | 0.00 | 6,703 | 9,111 | 101,555 |
| Total Non Current Assets | 3.2M | 5.2M | 3.2M | 3.8M |
| Total Assets | 7.4M | 6.0M | 3.8M | 4.4M |
| Current Debt | 2.6M | 270,340 | 5.2M | 726,620 |
| Current Debt And Capital Lease Obligation | 2.9M | 561,143 | 5.5M | 1.1M |
| Accounts Payable | 2.3M | 2.7M | 1.5M | 1.2M |
| Payables | 2.3M | 2.7M | 1.5M | 1.2M |
| Payables And Accrued Expenses | 2.8M | 7.2M | 5.4M | 4.3M |
| Current Accrued Expenses | 564,438 | 4.5M | 3.8M | 3.1M |
| Current Deferred Revenue | 482,032 | 46,291 | 305,100 | 0.00 |
| Current Liabilities | 6.7M | 8.0M | 11.2M | 5.5M |
| Long Term Debt | 6.7M | 7.0M | -- | 4.3M |
| Long Term Debt And Capital Lease Obligation | 7.0M | 7.6M | 0.00 | 4.6M |
| Long Term Capital Lease Obligation | 306,068 | 608,504 | 0.00 | 297,962 |
| Total Non Current Liabilities Net Minority Interest | 7.6M | 8.3M | 762,454 | 5.4M |
| Total Liabilities Net Minority Interest | 14.2M | 16.3M | 12.0M | 10.8M |
| Common Stock | 66.2M | 62.2M | 62.0M | 59.0M |
| Capital Stock | 66.2M | 62.2M | 62.0M | 59.0M |
| Retained Earnings | -75.8M | -75.4M | -73.0M | -68.2M |
| Gains Losses Not Affecting Retained Earnings | 1.2M | 2.1M | 2.8M | 2.8M |
| Common Stock Equity | -6.9M | -10.4M | -8.2M | -6.4M |
| Stockholders Equity | -6.9M | -10.4M | -8.2M | -6.4M |
| Total Equity Gross Minority Interest | -6.9M | -10.4M | -8.2M | -6.4M |
| Total Capitalization | -130,874 | -3.3M | -8.2M | -2.1M |
| Net Tangible Assets | -7.2M | -10.7M | -8.3M | -6.5M |
| Tangible Book Value | -7.2M | -10.7M | -8.3M | -6.5M |
| Working Capital | -2.5M | -7.3M | -10.6M | -4.9M |
| Invested Capital | 2.5M | -3.0M | -3.0M | -1.4M |
| Total Debt | 10.0M | 8.2M | 5.5M | 5.6M |
| Net Debt | 7.8M | 7.2M | 5.1M | 4.7M |
| Share Issued | 186.1M | 133.4M | 132.0M | 84.9M |
| Ordinary Shares Number | 186.1M | 133.4M | 132.0M | 84.9M |
| Capital Lease Obligations | 608,504 | 899,307 | 297,962 | 638,563 |
| Current Capital Lease Obligation | 302,436 | 290,803 | 297,962 | 340,601 |
| Current Deferred Liabilities | 890,651 | 221,333 | 375,301 | 59,332 |
| Current Notes Payable | -- | -- | 0.00 | 381,803 |
| Duefrom Related Parties Current | 363,190 | 124,859 | 120,139 | 32,435 |
| Interest Payable | 564,438 | 4.5M | 3.8M | 3.1M |
| Investments In Other Ventures Under Equity Method | 0.00 | 6,703 | 9,111 | 101,555 |
| Machinery Furniture Equipment | 200,301 | 200,301 | 200,301 | 200,301 |
| Non Current Deferred Liabilities | 534,723 | 668,706 | 762,454 | 779,416 |
| Non Current Deferred Revenue | 534,723 | 491,504 | 503,321 | 471,139 |
| Non Current Prepaid Assets | 247,725 | 0.00 | 38,000 | 74,131 |
| Other Current Borrowings | 2.6M | 270,340 | 5.2M | 344,817 |
| Other Equity Interest | 1.6M | 867,574 | 12,536 | 19,957 |
| Other Properties | 4.8M | 7.3M | 5.1M | 3.5M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -4.0M | -2.5M | -1.9M | -2.9M |
| Cash Flow From Continuing Operating Activities | -4.0M | -2.5M | -1.9M | -2.9M |
| Depreciation And Amortization | 833,297 | 911,456 | 906,718 | 658,795 |
| Depreciation Amortization Depletion | 833,297 | 911,456 | 906,718 | 658,795 |
| Stock Based Compensation | 65,868 | 115,674 | 267,149 | 932,720 |
| Deferred Tax | -- | -- | -- | 0.00 |
| Deferred Income Tax | -- | -- | -- | 0.00 |
| Change In Working Capital | -1.3M | -116,449 | 376,710 | -478,585 |
| Changes In Account Receivables | 122,921 | -29,320 | -106,576 | -198,502 |
| Change In Receivables | 122,921 | -29,320 | -106,576 | -198,502 |
| Change In Inventory | 3,262 | 0.00 | -- | -197,249 |
| Change In Payables And Accrued Expense | -1.1M | -28,399 | 357,480 | -197,249 |
| Change In Other Working Capital | 220,552 | 42,379 | 115,456 | -84,147 |
| Other Non Cash Items | 2.1M | 1.2M | 1.0M | 803,077 |
| Capital Expenditure | -115,601 | -962,254 | -607,948 | -515,766 |
| Purchase Of PPE | 0.00 | -741,958 | -430,976 | -515,766 |
| Net PPE Purchase And Sale | 314,828 | -549,730 | -400,976 | -515,766 |
| Purchase Of Investment | -65,818 | 0.00 | 0.00 | -38,000 |
| Net Investment Purchase And Sale | -65,818 | 0.00 | 0.00 | -38,000 |
| Investing Cash Flow | 133,409 | -770,026 | -577,948 | -553,766 |
| Cash Flow From Continuing Investing Activities | 133,409 | -770,026 | -577,948 | -553,766 |
| Issuance Of Debt | 8.9M | 4.8M | 330,000 | 0.00 |
| Repayment Of Debt | -3.7M | -1.6M | -1.0M | -1.3M |
| Net Issuance Payments Of Debt | 5.2M | 3.2M | -697,818 | -1.3M |
| Issuance Of Capital Stock | -- | 0.00 | 3.1M | 3.3M |
| Net Common Stock Issuance | -- | 0.00 | 3.1M | 3.3M |
| Financing Cash Flow | 5.2M | 3.2M | 2.3M | 3.2M |
| Cash Flow From Continuing Financing Activities | 5.2M | 3.2M | 2.3M | 3.2M |
| Effect Of Exchange Rate Changes | 98,887 | -1,548 | 2,122 | 775.00 |
| Changes In Cash | 1.4M | 207.00 | -153,690 | -186,560 |
| Beginning Cash Position | 99,948 | 101,289 | 252,857 | 438,642 |
| End Cash Position | 1.6M | 99,948 | 101,289 | 252,857 |
| Free Cash Flow | -4.1M | -3.4M | -2.5M | -3.4M |
| Income Tax Paid Supplemental Data | -- | 0.00 | 0.00 | 0.00 |
| Interest Paid Supplemental Data | -- | -- | 41,134 | 178,122 |
| Amortization Cash Flow | 833,297 | 911,456 | 906,718 | 658,795 |
| Amortization Of Intangibles | 833,297 | 911,456 | 906,718 | 658,795 |
| Asset Impairment Charge | 469,589 | 88,842 | 131,375 | 1.7M |
| Change In Prepaid Assets | -589,482 | -101,109 | 10,350 | 1,313 |
| Common Stock Issuance | -- | 0.00 | 3.1M | 3.3M |
| Earnings Losses From Equity Investments | 6,703 | 2,408 | 11,366 | 135,774 |
| Gain Loss On Sale Of PPE | -218,238 | -378,813 | 17,012 | 0.00 |
| Long Term Debt Issuance | 8.9M | 4.5M | 0.00 | 0.00 |
| Long Term Debt Payments | -3.7M | -1.3M | -697,818 | -594,772 |
| Net Foreign Currency Exchange Gain Loss | 201,236 | -105,253 | 497,043 | 118,422 |
| Net Income From Continuing Operations | -2.0M | -3.6M | -5.1M | -6.6M |
| Net Intangibles Purchase And Sale | -115,601 | -220,296 | -176,972 | 0.00 |
| Net Long Term Debt Issuance | 5.2M | 3.2M | -697,818 | -594,772 |
| Net Other Financing Charges | -- | -- | -97,583 | -- |
| Net Short Term Debt Issuance | 0.00 | 0.00 | 0.00 | -715,036 |
| Operating Gains Losses | -4.1M | -1.1M | 525,421 | 63,735 |
| Proceeds From Stock Option Exercised | 0.00 | 6,000 | 0.00 | 1.3M |
| Purchase Of Intangibles | -115,601 | -220,296 | -176,972 | 0.00 |
| Sale Of PPE | 314,828 | 192,228 | 30,000 | 0.00 |
| Short Term Debt Issuance | 0.00 | 330,000 | 330,000 | 0.00 |
| Short Term Debt Payments | 0.00 | -330,000 | -330,000 | -715,036 |