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 | 42.0M | 33.1M | 22.1M | 21.7M |
| Operating Revenue | 45.2M | 36.8M | 25.0M | 21.7M |
| Cost Of Revenue | 29.2M | 27.2M | 24.0M | 37.0M |
| Gross Profit | 12.8M | 5.9M | -1.9M | -15.2M |
| Selling General And Administration | 22.9M | 24.8M | 24.8M | 23.0M |
| General And Administrative Expense | 19.8M | 21.6M | 22.1M | 18.4M |
| Research And Development | 235,000 | 209,000 | 1.0M | 1.4M |
| Depreciation And Amortization In Income Statement | 431,000 | 453,000 | 831,000 | 1.4M |
| Other Operating Expenses | -66,000 | 66,000 | 146,000 | -4.8M |
| Operating Expense | 23.4M | 23.6M | 26.9M | 27.8M |
| Operating Income | -10.6M | -17.7M | -28.8M | -43.0M |
| EBIT | -10.1M | -13.0M | -30.0M | -44.2M |
| Interest Expense | 576,000 | 365,000 | 31,000 | 10.5M |
| Interest Expense Non Operating | 576,000 | 365,000 | 31,000 | 10.5M |
| Interest Income | 691,000 | 840,000 | 479,000 | 225,000 |
| Interest Income Non Operating | 691,000 | 840,000 | 479,000 | 225,000 |
| Net Interest Income | 115,000 | 475,000 | 448,000 | -10.3M |
| Other Income Expense | -241,000 | 3.9M | -1.7M | -1.4M |
| Special Income Charges | -296,000 | 4.4M | -913,000 | -4.2M |
| Restructuring And Mergern Acquisition | 0.00 | -4.7M | 0.00 | -- |
| Write Off | 0.00 | 40,000 | 0.00 | -- |
| Gain On Sale Of Security | 55,000 | -456,000 | -740,000 | 2.8M |
| Pretax Income | -10.7M | -13.4M | -30.0M | -54.7M |
| Tax Provision | 0.00 | -276,000 | -6,000 | 113,000 |
| Tax Effect Of Unusual Items | 0.00 | 80,843 | -330.72 | -370,470 |
| Net Income From Continuing And Discontinued Operation | -10.7M | -13.1M | -30.0M | -54.8M |
| Net Income From Continuing Operation Net Minority Interest | -10.7M | -13.1M | -30.0M | -54.8M |
| Net Income Including Noncontrolling Interests | -10.7M | -13.1M | -30.0M | -54.8M |
| Minority Interests | -- | -- | -- | 0.00 |
| Net Income Common Stockholders | -10.7M | -13.1M | -30.0M | -54.8M |
| Net Income | -10.7M | -13.1M | -30.0M | -54.8M |
| EBITDA | -7.5M | -10.5M | -27.1M | -38.5M |
| Normalized EBITDA | -7.3M | -14.4M | -25.4M | -37.2M |
| Reconciled Depreciation | 2.6M | 2.5M | 2.9M | 5.6M |
| Basic EPS | -0.03 | -0.04 | -0.11 | -0.22 |
| Diluted EPS | -0.03 | -0.04 | -0.11 | -0.22 |
| Basic Average Shares | 408.0M | 363.3M | 276.9M | 249.9M |
| Diluted Average Shares | 408.0M | 363.3M | 276.9M | 249.9M |
| Total Unusual Items | -241,000 | 3.9M | -1.7M | -1.4M |
| Total Unusual Items Excluding Goodwill | -241,000 | 3.9M | -1.7M | -1.4M |
| Tax Rate For Calcs | 0.00 | 0.02 | 0.00 | 0.27 |
| Normalized Income | -10.5M | -16.9M | -28.3M | -53.8M |
| Depreciation Amortization Depletion Income Statement | 431,000 | 453,000 | 831,000 | 1.4M |
| Depreciation Income Statement | 431,000 | 453,000 | 831,000 | 1.4M |
| Diluted NI Availto Com Stockholders | -10.7M | -13.1M | -30.0M | -54.8M |
| Excise Taxes | 3.2M | 3.8M | 2.9M | -- |
| Gain On Sale Of Business | 0.00 | -251,000 | -906,000 | 0.00 |
| Gain On Sale Of Ppe | -296,000 | 174,000 | -7,000 | -- |
| Impairment Of Capital Assets | 0.00 | 183,000 | 0.00 | 4.2M |
| Insurance And Claims | 391,000 | 959,000 | 1.4M | -- |
| Net Income Continuous Operations | -10.7M | -13.1M | -30.0M | -54.8M |
| Net Non Operating Interest Income Expense | 115,000 | 475,000 | 448,000 | -10.3M |
| Other Gand A | 6.6M | 6.1M | 6.7M | 7.4M |
| Provision For Doubtful Accounts | -83,000 | -1.9M | 134,000 | 6.8M |
| Reconciled Cost Of Revenue | 27.0M | 25.1M | 22.0M | 32.7M |
| Rent And Landing Fees | 608,000 | 582,000 | 242,000 | 366,000 |
| Rent Expense Supplemental | 1.3M | 1.3M | 586,000 | 366,000 |
| Salaries And Wages | 12.3M | 14.0M | 13.8M | 10.6M |
| Selling And Marketing Expense | 3.0M | 3.2M | 2.6M | 4.6M |
| Total Expenses | 52.5M | 50.8M | 50.9M | 64.7M |
| Total Operating Income As Reported | -10.8M | -18.3M | -29.5M | -48.9M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 11.7M | 18.0M | 24.1M | 34.1M |
| Cash Cash Equivalents And Short Term Investments | 11.7M | 18.0M | 24.1M | 34.1M |
| Cash Equivalents | -- | -- | 229,000 | 226,000 |
| Cash Financial | -- | -- | 23.9M | 33.9M |
| Accounts Receivable | 6.9M | 5.5M | 12.3M | 15.3M |
| Receivables | 7.5M | 5.9M | 13.0M | 16.9M |
| Inventory | 8.7M | 9.9M | 7.8M | 11.0M |
| Prepaid Assets | 609,000 | 900,000 | 1.4M | 2.2M |
| Other Current Assets | 213,000 | 194,000 | 146,000 | 433,000 |
| Current Assets | 33.1M | 36.6M | 47.3M | 65.5M |
| Gross PPE | 42.5M | 52.3M | 43.2M | 51.3M |
| Accumulated Depreciation | -23.3M | -27.0M | -25.0M | -25.4M |
| Net PPE | 19.2M | 25.3M | 18.1M | 25.9M |
| Goodwill And Other Intangible Assets | 854,000 | 1.0M | 39,000 | 44,000 |
| Other Intangible Assets | 854,000 | 1.0M | 39,000 | 44,000 |
| Investments And Advances | -- | -- | -- | 0.00 |
| Total Non Current Assets | 20.6M | 27.3M | 18.1M | 26.8M |
| Total Assets | 53.7M | 63.9M | 65.5M | 92.4M |
| Current Debt | 258,000 | 2.1M | 523,000 | -- |
| Current Debt And Capital Lease Obligation | 337,000 | 2.2M | 598,000 | 113,000 |
| Accounts Payable | 4.2M | 2.1M | 3.5M | 3.0M |
| Payables | 5.1M | 2.5M | 3.9M | 3.3M |
| Payables And Accrued Expenses | 6.8M | 4.9M | 5.8M | 4.9M |
| Current Accrued Expenses | 1.7M | 2.4M | 1.9M | 1.6M |
| Current Deferred Revenue | 607,000 | 391,000 | 492,000 | 1.3M |
| Other Current Liabilities | -- | 829,000 | 829,000 | -- |
| Current Liabilities | 10.5M | 10.9M | 9.5M | 8.9M |
| Long Term Debt And Capital Lease Obligation | 51,000 | 69,000 | 34,000 | 103,000 |
| Long Term Capital Lease Obligation | 51,000 | 69,000 | 34,000 | 103,000 |
| Total Non Current Liabilities Net Minority Interest | 51,000 | 69,000 | 34,000 | 338,000 |
| Total Liabilities Net Minority Interest | 10.5M | 10.9M | 9.5M | 9.2M |
| Common Stock | 201.2M | 200.2M | 191.3M | 190.6M |
| Capital Stock | 201.2M | 200.2M | 191.3M | 190.6M |
| Retained Earnings | -187.4M | -176.7M | -163.6M | -129.3M |
| Gains Losses Not Affecting Retained Earnings | 29.4M | 29.5M | 28.4M | 21.9M |
| Other Equity Adjustments | 29.4M | 29.5M | 28.4M | 21.9M |
| Common Stock Equity | 43.2M | 53.0M | 56.0M | 83.1M |
| Stockholders Equity | 43.2M | 53.0M | 56.0M | 83.1M |
| Total Equity Gross Minority Interest | 43.2M | 53.0M | 56.0M | 83.1M |
| Total Capitalization | 43.2M | 53.0M | 56.0M | 83.1M |
| Net Tangible Assets | 42.3M | 52.0M | 56.0M | 83.1M |
| Tangible Book Value | 42.3M | 52.0M | 56.0M | 83.1M |
| Working Capital | 22.6M | 25.8M | 37.9M | 56.7M |
| Invested Capital | 43.4M | 55.1M | 56.5M | 83.1M |
| Total Debt | 388,000 | 2.3M | 632,000 | 216,000 |
| Share Issued | 415.0M | 401.4M | 282.2M | 273.5M |
| Ordinary Shares Number | 415.0M | 401.4M | 282.2M | 273.5M |
| Allowance For Doubtful Accounts Receivable | -78,000 | -208,000 | -6.2M | -- |
| Assets Held For Sale Current | 4.3M | 1.8M | 829,000 | 910,000 |
| Buildings And Improvements | 25.3M | 28.2M | 21.1M | 25.5M |
| Capital Lease Obligations | 130,000 | 190,000 | 109,000 | 216,000 |
| Construction In Progress | 45,000 | 2.5M | 2.6M | 4.5M |
| Current Capital Lease Obligation | 79,000 | 121,000 | 75,000 | 113,000 |
| Current Deferred Liabilities | 607,000 | 391,000 | 492,000 | 1.3M |
| Derivative Product Liabilities | -- | -- | 0.00 | 2,000 |
| Dueto Related Parties Current | -- | -- | -- | 0.00 |
| Dueto Related Parties Non Current | -- | -- | -- | 0.00 |
| Finished Goods | 5.9M | 6.4M | 5.5M | 8.2M |
| Gross Accounts Receivable | 7.0M | 5.7M | 18.6M | -- |
| Investmentin Financial Assets | -- | -- | -- | 0.00 |
| Land And Improvements | 1.9M | 2.9M | 1.6M | 2.0M |
| Leases | 209,000 | 209,000 | 209,000 | 209,000 |
| Machinery Furniture Equipment | 14.4M | 17.5M | 16.7M | 18.2M |
| Non Current Accounts Receivable | -- | -- | -- | 123,000 |
| Non Current Deferred Liabilities | -- | -- | 0.00 | 233,000 |
| Non Current Deferred Revenue | -- | -- | 0.00 | 233,000 |
| Non Current Prepaid Assets | 635,000 | 1.0M | 0.00 | 753,000 |
| Other Current Borrowings | 258,000 | 2.1M | 523,000 | -- |
| Other Inventories | 147,000 | 12,000 | -- | -- |
| Other Payable | 826,000 | 382,000 | 324,000 | 307,000 |
| Other Properties | 738,000 | 905,000 | 905,000 | 910,000 |
| Other Receivables | 32,000 | 79,000 | 501,000 | 1.5M |
| Pensionand Other Post Retirement Benefit Plans Current | 2.8M | 2.5M | 1.7M | 2.5M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 2.6M | 3.5M | 2.2M | 2.8M |
| Taxes Receivable | 602,000 | 272,000 | 159,000 | 120,000 |
| Tradeand Other Payables Non Current | -- | -- | -- | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -4.9M | -12.3M | -16.1M | -13.2M |
| Cash Flow From Continuing Operating Activities | -4.9M | -12.3M | -16.1M | -13.2M |
| Depreciation And Amortization | 2.6M | 2.5M | 2.9M | 5.6M |
| Depreciation Amortization Depletion | 2.6M | 2.5M | 2.9M | 5.6M |
| Stock Based Compensation | 976,000 | 2.0M | 2.9M | 2.4M |
| Deferred Tax | -- | -- | -6,000 | 113,000 |
| Deferred Income Tax | -- | -- | -6,000 | 113,000 |
| Change In Working Capital | 1.7M | 3.5M | 6.2M | 6.4M |
| Changes In Account Receivables | -1.6M | 6.3M | 3.6M | 5.9M |
| Change In Receivables | -1.6M | 6.4M | 3.6M | 10.2M |
| Change In Inventory | 663,000 | 3.3M | -103,000 | 2.5M |
| Change In Payables And Accrued Expense | 1.9M | -5.2M | 1.5M | -8.1M |
| Change In Payable | 1.9M | -5.2M | 1.5M | -8.1M |
| Change In Other Working Capital | 413,000 | 150,000 | -- | -- |
| Change In Other Current Assets | 272,000 | -1.2M | 1.8M | 696,000 |
| Change In Other Current Liabilities | -- | 150,000 | -515,000 | 1.1M |
| Other Non Cash Items | 569,000 | -7.3M | -483,000 | 10.3M |
| Capital Expenditure | -154,000 | -471,000 | -863,000 | -783,000 |
| Net PPE Purchase And Sale | 347,000 | 178,000 | 0.00 | 311,000 |
| Sale Of Business | 0.00 | 5.3M | 6.0M | 0.00 |
| Purchase Of Investment | -- | -- | -- | 0.00 |
| Net Investment Purchase And Sale | -- | -- | -- | 0.00 |
| Investing Cash Flow | 413,000 | 6.9M | 5.2M | 35,000 |
| Cash Flow From Continuing Investing Activities | 413,000 | 6.9M | 5.2M | 35,000 |
| Issuance Of Debt | 799,000 | 1.1M | 1.3M | 0.00 |
| Repayment Of Debt | -3.1M | -2.0M | -948,000 | -3.0M |
| Net Issuance Payments Of Debt | -2.3M | -944,000 | 393,000 | -3.0M |
| Issuance Of Capital Stock | -- | -- | 0.00 | 30.9M |
| Net Common Stock Issuance | -- | -- | 0.00 | 30.9M |
| Financing Cash Flow | -1.8M | -368,000 | 796,000 | 27.8M |
| Cash Flow From Continuing Financing Activities | -1.8M | -368,000 | 796,000 | 27.8M |
| Effect Of Exchange Rate Changes | 4,000 | -329,000 | 150,000 | -429,000 |
| Changes In Cash | -6.3M | -5.8M | -10.1M | 14.6M |
| Beginning Cash Position | 18.0M | 24.1M | 34.1M | 19.9M |
| End Cash Position | 11.7M | 18.0M | 24.1M | 34.1M |
| Free Cash Flow | -5.0M | -12.8M | -16.9M | -14.0M |
| Amortization Cash Flow | 178,000 | 112,000 | 5,000 | -- |
| Amortization Of Intangibles | 178,000 | 112,000 | 5,000 | -- |
| Asset Impairment Charge | 466,000 | 1.7M | 1.4M | 12.9M |
| Capital Expenditure Reported | -154,000 | -471,000 | -863,000 | -783,000 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Stock Issuance | -- | -- | 0.00 | 30.9M |
| Depreciation | 2.4M | 2.4M | 2.9M | -- |
| Gain Loss On Investment Securities | -- | -- | -2,000 | -4.5M |
| Gain Loss On Sale Of Business | 0.00 | 251,000 | 906,000 | 0.00 |
| Gain Loss On Sale Of PPE | -296,000 | -173,000 | 7,000 | -6,000 |
| Interest Paid Cff | -300,000 | -264,000 | -26,000 | -12,000 |
| Long Term Debt Issuance | 799,000 | 1.1M | 1.3M | 0.00 |
| Long Term Debt Payments | -136,000 | -248,000 | -130,000 | -3.0M |
| Net Business Purchase And Sale | 0.00 | 5.3M | 6.0M | 0.00 |
| Net Foreign Currency Exchange Gain Loss | -51,000 | 191,000 | 0.00 | 1.7M |
| Net Income From Continuing Operations | -10.7M | -13.1M | -30.0M | -54.8M |
| Net Long Term Debt Issuance | 663,000 | 818,000 | -130,000 | -3.0M |
| Net Other Financing Charges | 691,000 | 840,000 | 429,000 | -139,000 |
| Net Other Investing Changes | 220,000 | 1.9M | 7,000 | 507,000 |
| Net Short Term Debt Issuance | -2.9M | -1.8M | 523,000 | -- |
| Operating Gains Losses | -347,000 | 269,000 | 911,000 | -2.9M |
| Proceeds From Stock Option Exercised | 14,000 | 0.00 | -- | 0.00 |
| Provisionand Write Offof Assets | -83,000 | -1.9M | 134,000 | 6.8M |
| Sale Of PPE | 347,000 | 178,000 | 0.00 | 311,000 |
| Short Term Debt Issuance | -- | 1.1M | 1.3M | -- |
| Short Term Debt Payments | -2.9M | -1.8M | -818,000 | -- |