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 | 159.3M | 120.5M | 91.6M | 82.4M |
| Operating Revenue | 159.3M | 120.5M | 91.6M | 82.4M |
| Cost Of Revenue | 105.7M | 79.7M | 62.4M | 61.5M |
| Gross Profit | 53.6M | 40.8M | 29.2M | 20.9M |
| Selling General And Administration | 37.0M | 29.0M | 24.0M | 27.3M |
| General And Administrative Expense | 17.4M | 13.5M | 11.9M | 12.6M |
| Depreciation And Amortization In Income Statement | 1.2M | 2.1M | 2.3M | 2.4M |
| Other Operating Expenses | 12.7M | 11.1M | 9.6M | 9.0M |
| Operating Expense | 50.9M | 42.2M | 35.9M | 38.6M |
| Operating Income | 2.8M | -1.4M | -6.7M | -17.8M |
| EBIT | 5.7M | -1.3M | -4.2M | -17.4M |
| Interest Expense | 1.2M | 1.6M | 1.6M | 1.5M |
| Interest Expense Non Operating | 1.2M | 1.6M | 1.6M | 1.5M |
| Interest Income | 580,000 | 585,000 | 107,000 | 67,000 |
| Interest Income Non Operating | 580,000 | 585,000 | 107,000 | 67,000 |
| Net Interest Income | -817,000 | -975,000 | -1.5M | -1.1M |
| Other Income Expense | 2.5M | -484,000 | 2.3M | -12,000 |
| Other Non Operating Income Expenses | -- | -- | -- | 350,000 |
| Special Income Charges | -158,000 | 466,000 | 0.00 | -725,000 |
| Gain On Sale Of Security | 2.7M | -950,000 | 2.3M | 713,000 |
| Pretax Income | 4.5M | -2.9M | -5.9M | -18.8M |
| Tax Provision | 1.3M | -676,000 | -1.3M | -4.2M |
| Tax Effect Of Unusual Items | 754,330 | -113,173 | 528,158 | -2,691 |
| Net Income From Continuing And Discontinued Operation | 3.1M | -2.2M | -4.6M | -14.6M |
| Net Income From Continuing Operation Net Minority Interest | 3.1M | -2.2M | -4.6M | -14.6M |
| Net Income Including Noncontrolling Interests | 3.1M | -2.2M | -4.6M | -14.6M |
| Net Income Common Stockholders | 3.1M | -2.2M | -4.6M | -14.6M |
| Net Income | 3.1M | -2.2M | -4.6M | -14.6M |
| EBITDA | 8.3M | 1.9M | -721,000 | -14.7M |
| Normalized EBITDA | 5.8M | 2.3M | -3.1M | -14.7M |
| Reconciled Depreciation | 2.7M | 3.2M | 3.5M | 2.7M |
| Basic EPS | -0.07 | -0.07 | -0.15 | -0.49 |
| Diluted EPS | -0.07 | -0.07 | -0.15 | -0.49 |
| Basic Average Shares | 31.6M | 31.4M | 31.3M | 30.1M |
| Diluted Average Shares | 31.6M | 31.4M | 31.3M | 30.1M |
| Total Unusual Items | 2.5M | -484,000 | 2.3M | -12,000 |
| Total Unusual Items Excluding Goodwill | 2.5M | -484,000 | 2.3M | -12,000 |
| Tax Rate For Calcs | 0.30 | 0.23 | 0.23 | 0.22 |
| Normalized Income | 1.4M | -1.8M | -6.4M | -14.6M |
| Depreciation Amortization Depletion Income Statement | 1.2M | 2.1M | 2.3M | 2.4M |
| Diluted NI Availto Com Stockholders | 3.1M | -2.2M | -4.6M | -14.6M |
| Net Income Continuous Operations | 3.1M | -2.2M | -4.6M | -14.6M |
| Net Non Operating Interest Income Expense | -817,000 | -975,000 | -1.5M | -1.1M |
| Other Gand A | 3.6M | 2.9M | 2.3M | 4.3M |
| Other Special Charges | 158,000 | -466,000 | -- | 725,000 |
| Reconciled Cost Of Revenue | 104.2M | 78.7M | 61.2M | 61.2M |
| Rent And Landing Fees | 342,000 | 124,000 | 190,000 | 203,000 |
| Rent Expense Supplemental | 342,000 | 124,000 | 190,000 | 203,000 |
| Salaries And Wages | 13.4M | 10.5M | 9.4M | 8.1M |
| Selling And Marketing Expense | 19.7M | 15.5M | 12.1M | 14.7M |
| Total Expenses | 156.6M | 121.9M | 98.3M | 100.2M |
| Total Operating Income As Reported | 5.4M | -2.4M | -4.4M | -17.0M |
| Total Other Finance Cost | 198,000 | -- | -- | -350,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 19.3M | 16.0M | 18.8M | 20.5M |
| Cash Cash Equivalents And Short Term Investments | 19.3M | 16.0M | 18.8M | 20.5M |
| Accounts Receivable | 2.2M | 1.7M | 850,000 | 440,000 |
| Receivables | 2.5M | 1.8M | 917,000 | 861,000 |
| Inventory | 22.5M | 15.4M | 16.4M | 13.5M |
| Prepaid Assets | -- | -- | 877,000 | 860,000 |
| Other Current Assets | 787,000 | 728,000 | 877,000 | 860,000 |
| Current Assets | 45.1M | 34.0M | 37.0M | 35.7M |
| Gross PPE | 18.6M | 13.6M | 13.3M | 12.2M |
| Accumulated Depreciation | -7.7M | -4.9M | -3.3M | -1.3M |
| Net PPE | 10.9M | 8.7M | 10.0M | 10.9M |
| Goodwill | 41.2M | 37.9M | 38.8M | 36.3M |
| Goodwill And Other Intangible Assets | 42.3M | 39.3M | 41.7M | 40.7M |
| Other Intangible Assets | 1.1M | 1.5M | 2.9M | 4.5M |
| Total Non Current Assets | 57.9M | 53.7M | 56.9M | 55.2M |
| Total Assets | 103.0M | 87.6M | 93.9M | 90.9M |
| Current Debt | 5.4M | 3.0M | 3.1M | 3.1M |
| Current Debt And Capital Lease Obligation | 6.2M | 3.7M | 3.7M | 3.6M |
| Accounts Payable | 21.8M | 12.9M | 14.5M | 8.4M |
| Payables | 22.3M | 13.3M | 14.9M | 8.8M |
| Payables And Accrued Expenses | 25.7M | 16.4M | 17.2M | 10.7M |
| Current Accrued Expenses | 3.4M | 3.1M | 2.3M | 1.9M |
| Current Deferred Revenue | 6.8M | 4.4M | 3.5M | 2.5M |
| Current Liabilities | 38.8M | 24.5M | 24.4M | 16.8M |
| Long Term Debt | 1.8M | 6.7M | 10.0M | 13.0M |
| Long Term Debt And Capital Lease Obligation | 6.4M | 11.7M | 15.7M | 19.3M |
| Long Term Capital Lease Obligation | 4.6M | 5.0M | 5.7M | 6.3M |
| Total Non Current Liabilities Net Minority Interest | 6.4M | 11.7M | 15.7M | 19.3M |
| Total Liabilities Net Minority Interest | 45.1M | 36.2M | 40.2M | 36.2M |
| Common Stock | 78.2M | 77.4M | 77.0M | 76.6M |
| Capital Stock | 78.2M | 77.4M | 77.0M | 76.6M |
| Additional Paid In Capital | 3.1M | 3.0M | 2.9M | 1.9M |
| Retained Earnings | -24.8M | -27.9M | -25.7M | -21.1M |
| Gains Losses Not Affecting Retained Earnings | 1.4M | -1.1M | -440,000 | -2.6M |
| Other Equity Adjustments | 1.4M | -1.1M | -440,000 | -2.6M |
| Common Stock Equity | 57.9M | 51.4M | 53.7M | 54.8M |
| Stockholders Equity | 57.9M | 51.4M | 53.7M | 54.8M |
| Total Equity Gross Minority Interest | 57.9M | 51.4M | 53.7M | 54.8M |
| Total Capitalization | 59.7M | 58.1M | 63.8M | 67.8M |
| Net Tangible Assets | 15.6M | 12.1M | 12.0M | 14.0M |
| Tangible Book Value | 15.6M | 12.1M | 12.0M | 14.0M |
| Working Capital | 6.3M | 9.5M | 12.6M | 18.9M |
| Invested Capital | 65.0M | 61.2M | 66.8M | 70.9M |
| Total Debt | 12.6M | 15.4M | 19.4M | 22.9M |
| Share Issued | 31.6M | 31.4M | 31.3M | 31.2M |
| Ordinary Shares Number | 31.6M | 31.4M | 31.3M | 31.2M |
| Buildings And Improvements | 7.2M | 6.1M | 6.1M | 5.7M |
| Capital Lease Obligations | 5.4M | 5.7M | 6.3M | 6.9M |
| Construction In Progress | -- | -- | 0.00 | 0.00 |
| Current Capital Lease Obligation | 841,000 | 691,000 | 623,000 | 552,000 |
| Current Deferred Liabilities | 6.8M | 4.4M | 3.5M | 2.5M |
| Current Notes Payable | 2.4M | 0.00 | -- | -- |
| Finished Goods | 22.1M | 15.1M | 15.9M | 12.8M |
| Leases | 946,000 | 869,000 | 874,000 | 800,000 |
| Machinery Furniture Equipment | 535,000 | 413,000 | 399,000 | 289,000 |
| Non Current Deferred Assets | 4.8M | 5.7M | 5.1M | 3.6M |
| Non Current Deferred Liabilities | -- | -- | -- | 0.00 |
| Non Current Deferred Taxes Assets | 4.8M | 5.7M | 5.1M | 3.6M |
| Non Current Deferred Taxes Liabilities | -- | -- | -- | 0.00 |
| Other Current Borrowings | 3.0M | 3.0M | 3.1M | 3.1M |
| Other Inventories | 436,000 | 297,000 | 543,000 | 683,000 |
| Other Properties | 9.9M | 6.2M | 6.0M | 5.4M |
| Preferred Securities Outside Stock Equity | -- | -- | -- | 0.00 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Taxes Receivable | 332,000 | 115,000 | 67,000 | 421,000 |
| Total Tax Payable | 448,000 | 412,000 | 422,000 | 395,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 13.0M | 2.4M | 4.7M | -19.5M |
| Cash Flow From Continuing Operating Activities | 13.0M | 2.4M | 4.7M | -19.5M |
| Depreciation And Amortization | 2.7M | 3.2M | 3.5M | 2.7M |
| Depreciation Amortization Depletion | 2.7M | 3.2M | 3.5M | 2.7M |
| Stock Based Compensation | 1.0M | 513,000 | 1.3M | 1.5M |
| Deferred Tax | 1.3M | -676,000 | -1.3M | -4.2M |
| Deferred Income Tax | 1.3M | -676,000 | -1.3M | -4.2M |
| Change In Working Capital | 3.8M | 343,000 | 4.1M | -6.8M |
| Changes In Account Receivables | -703,000 | -897,000 | -457,000 | 669,000 |
| Change In Receivables | -703,000 | -897,000 | -457,000 | 669,000 |
| Change In Inventory | -7.1M | 1.0M | -2.9M | -7.7M |
| Change In Payables And Accrued Expense | 9.3M | -845,000 | 6.5M | -94,000 |
| Change In Other Working Capital | 2.4M | 938,000 | 961,000 | 278,000 |
| Other Non Cash Items | 1.5M | 1.1M | 1.6M | 1.9M |
| Capital Expenditure | -3.2M | -563,000 | -258,000 | -3.6M |
| Purchase Of PPE | -3.2M | -563,000 | -258,000 | -3.6M |
| Net PPE Purchase And Sale | -3.2M | -563,000 | -258,000 | -3.6M |
| Investing Cash Flow | -3.2M | -563,000 | -258,000 | -3.6M |
| Cash Flow From Continuing Investing Activities | -3.2M | -563,000 | -258,000 | -3.6M |
| Repayment Of Debt | -4.9M | -5.1M | -5.1M | -9.9M |
| Net Issuance Payments Of Debt | -4.9M | -5.1M | -5.1M | -9.9M |
| Issuance Of Capital Stock | -- | -- | 0.00 | 55.0M |
| Repurchase Of Capital Stock | -213,000 | 0.00 | -- | -- |
| Net Common Stock Issuance | -213,000 | 0.00 | 0.00 | 55.0M |
| Common Stock Payments | -213,000 | 0.00 | -- | -- |
| Financing Cash Flow | -5.0M | -5.1M | -5.1M | 41.5M |
| Cash Flow From Continuing Financing Activities | -5.0M | -5.1M | -5.1M | 41.5M |
| Effect Of Exchange Rate Changes | -1.6M | 480,000 | -1.0M | -187,000 |
| Changes In Cash | 4.9M | -3.2M | -709,000 | 18.4M |
| Beginning Cash Position | 16.0M | 18.8M | 20.5M | 2.3M |
| End Cash Position | 19.3M | 16.0M | 18.8M | 20.5M |
| Free Cash Flow | 9.9M | 1.8M | 4.4M | -23.1M |
| Interest Paid Supplemental Data | 688,000 | 1.1M | -- | -- |
| Amortization Cash Flow | 356,000 | 1.5M | 1.7M | 1.6M |
| Amortization Of Intangibles | 356,000 | 1.5M | 1.7M | 1.6M |
| Change In Prepaid Assets | -59,000 | 142,000 | -17,000 | 53,000 |
| Common Stock Issuance | -- | -- | 0.00 | 55.0M |
| Depreciation | 2.3M | 1.7M | 1.8M | 1.0M |
| Long Term Debt Payments | -4.9M | -5.1M | -5.1M | -9.9M |
| Net Foreign Currency Exchange Gain Loss | -444,000 | 146,000 | -391,000 | -130,000 |
| Net Income From Continuing Operations | 3.1M | -2.2M | -4.6M | -14.6M |
| Net Long Term Debt Issuance | -4.9M | -5.1M | -5.1M | -9.9M |
| Net Other Financing Charges | -- | -- | -- | -4.0M |
| Operating Gains Losses | -444,000 | 146,000 | -391,000 | -130,000 |
| Proceeds From Stock Option Exercised | 71,000 | 65,000 | 0.00 | 312,000 |
| Taxes Refund Paid | -27,000 | 11,000 | 401,000 | 151,000 |