Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 |
|---|---|---|---|
| Total Revenue | 113.9M | 82.2M | 127.9M |
| Operating Revenue | 110.5M | 78.9M | 124.5M |
| Cost Of Revenue | 51.2M | 34.0M | 39.4M |
| Gross Profit | 62.7M | 48.3M | 88.5M |
| Selling General And Administration | 10.6M | 19.5M | 8.4M |
| General And Administrative Expense | 10.6M | 19.5M | 8.4M |
| Depreciation And Amortization In Income Statement | -- | 25.3M | -- |
| Other Operating Expenses | 48.0M | 61.1M | 41.0M |
| Operating Expense | 58.6M | 80.6M | 49.4M |
| Operating Income | 4.1M | -32.3M | 39.1M |
| EBIT | 8.4M | -30.3M | 39.4M |
| Interest Expense | 973,000 | 90,000 | 19,000 |
| Interest Expense Non Operating | 973,000 | 90,000 | 19,000 |
| Interest Income | 1.1M | 2.0M | 0.00 |
| Interest Income Non Operating | 1.1M | 2.0M | 0.00 |
| Net Interest Income | 100,000 | 1.9M | -19,000 |
| Other Income Expense | 3.2M | -50,000 | 340,000 |
| Special Income Charges | -400,000 | -43,000 | 340,000 |
| Restructuring And Mergern Acquisition | 400,000 | 43,000 | 0.00 |
| Gain On Sale Of Security | 3.6M | -7,000 | -- |
| Pretax Income | 7.4M | -30.4M | 39.4M |
| Tax Provision | 2.8M | 3.4M | 0.00 |
| Tax Effect Of Unusual Items | 1.2M | -20,000 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 4.6M | -33.8M | 39.4M |
| Net Income From Continuing Operation Net Minority Interest | 4.6M | -33.8M | 39.4M |
| Net Income Including Noncontrolling Interests | 4.6M | -33.8M | 39.4M |
| Net Income Common Stockholders | 4.6M | -33.8M | 39.4M |
| Net Income | 4.6M | -33.8M | 39.4M |
| EBITDA | 49.9M | -5.9M | 61.8M |
| Normalized EBITDA | 46.8M | -5.8M | 61.4M |
| Reconciled Depreciation | 41.5M | 24.5M | 22.3M |
| Basic EPS | 0.01 | -0.11 | 0.13 |
| Diluted EPS | 0.01 | -0.11 | 0.13 |
| Basic Average Shares | 484.9M | 307.9M | 311.7M |
| Diluted Average Shares | 521.8M | 339.1M | 311.7M |
| Total Unusual Items | 3.2M | -50,000 | 340,000 |
| Total Unusual Items Excluding Goodwill | 3.2M | -50,000 | 340,000 |
| Tax Rate For Calcs | 0.38 | 0.40 | 0.00 |
| Normalized Income | 2.6M | -33.8M | 39.1M |
| Depreciation Amortization Depletion Income Statement | -- | 25.3M | -- |
| Depreciation Income Statement | -- | 25.3M | -- |
| Diluted NI Availto Com Stockholders | 4.6M | -33.8M | 39.4M |
| Gain On Sale Of Ppe | -- | 0.00 | 340,000 |
| Impairment Of Capital Assets | -- | -882,000 | -- |
| Net Income Continuous Operations | 4.6M | -33.8M | 39.4M |
| Net Non Operating Interest Income Expense | 100,000 | 1.9M | -19,000 |
| Other Gand A | 5.6M | 5.8M | 6.3M |
| Reconciled Cost Of Revenue | 51.2M | 34.0M | 39.4M |
| Salaries And Wages | 5.0M | 13.7M | 2.1M |
| Total Expenses | 109.7M | 114.5M | 88.8M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 324,000 | 54.0M | 0.00 |
| Cash Cash Equivalents And Short Term Investments | 324,000 | 54.0M | 0.00 |
| Accounts Receivable | 9.3M | 12.0M | 8.8M |
| Receivables | 13.0M | 13.7M | 8.8M |
| Prepaid Assets | 1.5M | 1.5M | 0.00 |
| Current Assets | 17.2M | 69.2M | 8.8M |
| Gross PPE | 447.6M | 223.8M | 157.0M |
| Accumulated Depreciation | -99.5M | -58.4M | -33.9M |
| Net PPE | 348.1M | 165.5M | 123.1M |
| Total Non Current Assets | 348.2M | 165.5M | 123.1M |
| Total Assets | 365.4M | 234.6M | 131.9M |
| Current Debt And Capital Lease Obligation | -- | 135,000 | 140,000 |
| Payables And Accrued Expenses | 41.4M | 25.7M | 7.0M |
| Other Current Liabilities | 2.4M | 1.8M | -- |
| Current Liabilities | 43.8M | 27.5M | 8.5M |
| Long Term Debt | 1.3M | -- | -- |
| Long Term Debt And Capital Lease Obligation | 1.3M | 15,000 | 111,000 |
| Long Term Capital Lease Obligation | -- | 15,000 | 111,000 |
| Other Non Current Liabilities | 39.8M | 29.6M | -- |
| Total Non Current Liabilities Net Minority Interest | 46.3M | 33.0M | 27.6M |
| Total Liabilities Net Minority Interest | 90.1M | 60.5M | 36.1M |
| Common Stock | 254.6M | 162.9M | 0.00 |
| Capital Stock | 254.6M | 162.9M | 0.00 |
| Additional Paid In Capital | 5.5M | 560,000 | 0.00 |
| Retained Earnings | 5.5M | 897,000 | 0.00 |
| Common Stock Equity | 275.4M | 174.1M | 95.8M |
| Stockholders Equity | 275.4M | 174.1M | 95.8M |
| Total Equity Gross Minority Interest | 275.4M | 174.1M | 95.8M |
| Total Capitalization | 276.7M | 174.1M | 95.8M |
| Net Tangible Assets | 275.4M | 174.1M | 95.8M |
| Tangible Book Value | 275.4M | 174.1M | 95.8M |
| Working Capital | -26.6M | 41.6M | 277,000 |
| Invested Capital | 276.7M | 174.1M | 95.8M |
| Total Debt | 1.3M | 150,000 | 251,000 |
| Net Debt | 979,000 | -- | -- |
| Share Issued | 595.7M | 465.5M | 311.7M |
| Ordinary Shares Number | 595.7M | 465.5M | 311.7M |
| Accrued Interest Receivable | -- | 264,000 | 0.00 |
| Capital Lease Obligations | -- | 150,000 | 251,000 |
| Current Capital Lease Obligation | -- | 135,000 | 140,000 |
| Current Provisions | -- | 1.7M | 1.3M |
| Duefrom Related Parties Current | 1.7M | 357,000 | 0.00 |
| Financial Assets | 92,000 | 0.00 | -- |
| Hedging Assets Current | 2.4M | 0.00 | -- |
| Long Term Provisions | -- | 29.6M | 27.5M |
| Non Current Deferred Liabilities | 5.2M | 3.3M | 0.00 |
| Non Current Deferred Taxes Liabilities | 5.2M | 3.3M | 0.00 |
| Other Equity Interest | 9.8M | 9.8M | 95.8M |
| Other Properties | 447.6M | 223.8M | 157.0M |
| Other Receivables | 1.1M | 264,000 | -- |
| Taxes Receivable | 853,000 | 1.1M | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 |
|---|---|---|---|
| Operating Cash Flow | 50.4M | 24.0M | 67.1M |
| Cash Flow From Continuing Operating Activities | 50.4M | 24.0M | 67.1M |
| Depreciation And Amortization | 41.5M | -- | -- |
| Depreciation Amortization Depletion | 41.5M | 24.5M | 22.3M |
| Stock Based Compensation | 5.0M | 13.7M | 2.1M |
| Deferred Tax | 2.8M | 3.4M | 0.00 |
| Deferred Income Tax | 2.8M | 3.4M | 0.00 |
| Change In Working Capital | -2.1M | -5.3M | 3.0M |
| Other Non Cash Items | 486,000 | 21.6M | 454,000 |
| Capital Expenditure | -211.8M | -85.8M | -7.6M |
| Purchase Of PPE | -211.8M | -85.8M | -7.6M |
| Net PPE Purchase And Sale | -211.8M | -85.8M | -7.6M |
| Investing Cash Flow | -196.2M | -68.2M | -22.1M |
| Cash Flow From Continuing Investing Activities | -196.2M | -68.2M | -22.1M |
| Issuance Of Debt | 116.1M | 0.00 | -- |
| Repayment Of Debt | -114.9M | -147,000 | -132,000 |
| Net Issuance Payments Of Debt | 1.2M | -147,000 | -132,000 |
| Issuance Of Capital Stock | 90.7M | 48.4M | 0.00 |
| Net Common Stock Issuance | 90.7M | 48.4M | 0.00 |
| Financing Cash Flow | 92.1M | 98.3M | -45.0M |
| Cash Flow From Continuing Financing Activities | 92.1M | 98.3M | -45.0M |
| Effect Of Exchange Rate Changes | 19,000 | -6,000 | 0.00 |
| Changes In Cash | -53.7M | 54.0M | -- |
| Beginning Cash Position | 54.0M | 0.00 | 0.00 |
| End Cash Position | 324,000 | 54.0M | 0.00 |
| Free Cash Flow | -161.4M | -61.8M | 59.5M |
| Income Tax Paid Supplemental Data | 0.00 | 0.00 | 0.00 |
| Interest Paid Supplemental Data | 1.7M | 127,000 | 0.00 |
| Asset Impairment Charge | -- | 21.0M | 169,000 |
| Common Stock Issuance | 90.7M | 48.4M | 0.00 |
| Depletion | -- | 24.5M | 22.3M |
| Depreciation | 41.5M | -- | -- |
| Gain Loss On Investment Securities | -1.8M | -- | -- |
| Long Term Debt Issuance | 116.1M | 0.00 | -- |
| Long Term Debt Payments | -114.9M | -147,000 | -132,000 |
| Net Foreign Currency Exchange Gain Loss | -25,000 | 6,000 | 0.00 |
| Net Income From Continuing Operations | 4.6M | -33.8M | 39.4M |
| Net Long Term Debt Issuance | 1.2M | -147,000 | -132,000 |
| Net Other Financing Charges | 185,000 | -3.8M | -44.9M |
| Net Other Investing Changes | 15.6M | 17.6M | -14.6M |
| Operating Gains Losses | -1.9M | 6,000 | -340,000 |
| Proceeds From Stock Option Exercised | 0.00 | 53.8M | 0.00 |
| Sale Of PPE | -- | 0.00 | 88,000 |