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 | 124.9M | 198.7M | 229.3M | 198.3M |
| Operating Revenue | 124.9M | 198.7M | 229.3M | 198.3M |
| Cost Of Revenue | 145.8M | 174.8M | 169.7M | 133.0M |
| Gross Profit | -20.9M | 23.9M | 59.5M | 65.3M |
| Selling General And Administration | 23.1M | 34.5M | 42.0M | 25.5M |
| General And Administrative Expense | 23.1M | 34.5M | 42.0M | 25.5M |
| Depreciation And Amortization In Income Statement | -- | -- | 2.4M | 974,000 |
| Other Operating Expenses | 2.3M | 5.7M | 1.9M | 2.1M |
| Operating Expense | 25.4M | 40.2M | 43.8M | 28.6M |
| Operating Income | -46.3M | -16.3M | 15.7M | 36.7M |
| EBIT | -61.8M | -25.4M | 5.7M | 32.9M |
| Interest Expense | 9.5M | 9.6M | 1.6M | 1.1M |
| Interest Expense Non Operating | 9.5M | 9.6M | 1.6M | 1.1M |
| Interest Income | 1.5M | 2.0M | 1.1M | 403,000 |
| Interest Income Non Operating | 1.5M | 2.0M | 1.1M | 403,000 |
| Net Interest Income | -7.9M | -7.6M | -537,000 | -725,000 |
| Other Income Expense | -17.0M | -11.2M | -11.1M | -4.2M |
| Special Income Charges | -4.5M | -11.0M | -12.7M | -4.8M |
| Gain On Sale Of Security | -12.5M | -183,000 | 1.6M | 610,000 |
| Pretax Income | -71.2M | -35.1M | 4.0M | 31.8M |
| Tax Provision | -20.7M | -2.7M | 6.3M | 9.2M |
| Tax Effect Of Unusual Items | -4.9M | -859,441 | -2.9M | -1.2M |
| Net Income From Continuing And Discontinued Operation | -49.8M | -30.3M | -1.5M | 22.6M |
| Net Income From Continuing Operation Net Minority Interest | -49.8M | -30.3M | -1.5M | 22.6M |
| Net Income Including Noncontrolling Interests | -50.6M | -32.4M | -2.2M | 22.6M |
| Minority Interests | 737,000 | 2.0M | 775,000 | 0.00 |
| Net Income Common Stockholders | -49.8M | -30.3M | -1.5M | 22.6M |
| Net Income | -49.8M | -30.3M | -1.5M | 22.6M |
| EBITDA | -33.1M | 3.8M | 29.0M | 55.4M |
| Normalized EBITDA | -16.1M | 15.0M | 40.1M | 59.6M |
| Reconciled Depreciation | 28.7M | 29.2M | 23.3M | 22.5M |
| Basic EPS | -0.78 | -0.47 | -0.02 | 0.35 |
| Diluted EPS | -0.78 | -0.47 | -0.02 | 0.35 |
| Basic Average Shares | 64.8M | 64.0M | 64.4M | 64.0M |
| Diluted Average Shares | 64.8M | 64.0M | 64.4M | 65.0M |
| Total Unusual Items | -17.0M | -11.2M | -11.1M | -4.2M |
| Total Unusual Items Excluding Goodwill | -17.0M | -11.2M | -11.1M | -4.2M |
| Tax Rate For Calcs | 0.29 | 0.08 | 0.26 | 0.29 |
| Normalized Income | -37.7M | -20.0M | 6.7M | 25.6M |
| Depreciation Amortization Depletion Income Statement | -- | -- | 2.4M | 974,000 |
| Diluted NI Availto Com Stockholders | -49.8M | -30.3M | -1.5M | 22.6M |
| Impairment Of Capital Assets | 1.1M | 4.9M | 0.00 | -- |
| Net Income Continuous Operations | -50.6M | -32.4M | -2.2M | 22.6M |
| Net Non Operating Interest Income Expense | -7.9M | -7.6M | -537,000 | -725,000 |
| Other Gand A | 21.7M | 34.9M | 39.6M | 21.9M |
| Other Special Charges | 3.4M | 6.1M | 12.7M | 4.8M |
| Provision For Doubtful Accounts | -- | 0.00 | -58,000 | 7,000 |
| Reconciled Cost Of Revenue | 145.8M | 174.8M | 169.7M | 111.5M |
| Rent And Landing Fees | -- | -- | 553,000 | 459,000 |
| Rent Expense Supplemental | -- | -- | 553,000 | 459,000 |
| Salaries And Wages | 1.3M | -362,000 | 2.4M | 3.1M |
| Total Expenses | 171.2M | 215.0M | 213.6M | 161.6M |
| Total Other Finance Cost | -- | -- | 183,000 | 147,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 22.1M | 42.7M | 54.5M | 83.8M |
| Cash Cash Equivalents And Short Term Investments | 22.1M | 42.7M | 54.5M | 83.8M |
| Cash Financial | 22.1M | 42.7M | 54.5M | 83.8M |
| Accounts Receivable | 5.5M | 19.1M | 18.3M | 22.1M |
| Receivables | 9.7M | 25.6M | 21.0M | 23.7M |
| Inventory | 47.5M | 61.6M | 64.2M | 45.3M |
| Prepaid Assets | 5.8M | 6.5M | 14.0M | 6.7M |
| Current Assets | 93.3M | 137.1M | 154.1M | 160.0M |
| Gross PPE | 336.6M | 397.0M | 322.9M | 267.0M |
| Accumulated Depreciation | -165.8M | -184.8M | -147.7M | -120.4M |
| Net PPE | 170.8M | 212.2M | 175.2M | 146.7M |
| Goodwill And Other Intangible Assets | 2.3M | 6.2M | 7.3M | 3.9M |
| Other Intangible Assets | 2.3M | 6.2M | 7.3M | 3.9M |
| Other Non Current Assets | 30.3M | 18.7M | 14.5M | -- |
| Total Non Current Assets | 225.4M | 244.5M | 201.6M | 153.9M |
| Total Assets | 318.7M | 381.6M | 355.8M | 313.9M |
| Current Debt | -- | -- | 4.0M | 15.0M |
| Current Debt And Capital Lease Obligation | 74.8M | 600,000 | 4.6M | 15.6M |
| Accounts Payable | -- | -- | -- | 14.1M |
| Payables | -- | -- | -- | 16.6M |
| Payables And Accrued Expenses | 31.3M | 31.4M | 26.6M | 19.7M |
| Current Accrued Expenses | -- | -- | -- | 3.1M |
| Current Deferred Revenue | 3.9M | 3.6M | 1.7M | 5.5M |
| Other Current Liabilities | 962,000 | -- | -- | -- |
| Current Liabilities | 114.3M | 42.5M | 39.0M | 41.7M |
| Long Term Debt | 17.5M | 75.0M | 36.0M | -- |
| Long Term Debt And Capital Lease Obligation | 17.5M | 75.9M | 37.5M | 2.0M |
| Long Term Capital Lease Obligation | 0.00 | 925,000 | 1.5M | 2.0M |
| Other Non Current Liabilities | -- | 724,000 | 326,000 | -- |
| Total Non Current Liabilities Net Minority Interest | 33.2M | 83.4M | 42.2M | 6.5M |
| Total Liabilities Net Minority Interest | 147.4M | 125.8M | 81.2M | 48.2M |
| Common Stock | 413.0M | 412.3M | 411.6M | 416.0M |
| Capital Stock | 413.0M | 412.3M | 411.6M | 416.0M |
| Retained Earnings | -126.5M | -77.6M | -48.2M | -49.3M |
| Gains Losses Not Affecting Retained Earnings | -133.5M | -98.2M | -112.2M | -118.8M |
| Other Equity Adjustments | -133.5M | -98.2M | -112.2M | -118.8M |
| Common Stock Equity | 164.8M | 248.7M | 265.4M | 265.7M |
| Stockholders Equity | 164.8M | 248.7M | 265.4M | 265.7M |
| Total Equity Gross Minority Interest | 171.2M | 255.8M | 274.6M | 265.7M |
| Minority Interest | 6.4M | 7.1M | 9.2M | 0.00 |
| Total Capitalization | 182.3M | 323.7M | 301.4M | 265.7M |
| Net Tangible Assets | 162.6M | 242.5M | 258.1M | 261.8M |
| Tangible Book Value | 162.6M | 242.5M | 258.1M | 261.8M |
| Working Capital | -21.0M | 94.7M | 115.2M | 118.3M |
| Invested Capital | 182.3M | 323.7M | 301.4M | 280.7M |
| Total Debt | 92.3M | 76.5M | 42.1M | 17.6M |
| Net Debt | -- | 32.3M | -- | -- |
| Share Issued | 64.1M | 64.1M | 64.0M | 64.7M |
| Ordinary Shares Number | 64.1M | 64.1M | 64.0M | 64.7M |
| Assets Held For Sale Current | 7.6M | 0.00 | -- | -- |
| Buildings And Improvements | 196.7M | 245.8M | 186.7M | 163.2M |
| Capital Lease Obligations | 0.00 | 1.5M | 2.1M | 2.5M |
| Construction In Progress | 13.7M | 11.8M | 29.4M | 5.1M |
| Current Capital Lease Obligation | 0.00 | 600,000 | 581,000 | 563,000 |
| Current Deferred Liabilities | 3.9M | 3.6M | 1.7M | 5.5M |
| Current Provisions | 3.4M | 6.9M | 6.1M | 913,000 |
| Finished Goods | 36.1M | 44.3M | 48.5M | 32.1M |
| Line Of Credit | -- | -- | 4.0M | 15.0M |
| Long Term Provisions | 2.0M | 6.7M | 4.4M | 4.6M |
| Machinery Furniture Equipment | 270,000 | 346,000 | 321,000 | 4.2M |
| Non Current Deferred Assets | 22.1M | 7.5M | 4.6M | 3.3M |
| Non Current Deferred Liabilities | 13.6M | 0.00 | -- | -- |
| Non Current Deferred Revenue | 13.6M | 0.00 | -- | -- |
| Non Current Deferred Taxes Assets | 22.1M | 7.5M | 4.6M | 3.3M |
| Other Equity Interest | 11.9M | 12.2M | 14.1M | 17.8M |
| Other Receivables | 28,000 | 28,000 | 28,000 | 28,000 |
| Raw Materials | 10.8M | 15.5M | 14.7M | 12.3M |
| Restricted Cash | 530,000 | 712,000 | 470,000 | 448,000 |
| Taxes Receivable | 4.2M | 6.5M | 2.7M | 1.5M |
| Total Tax Payable | -- | -- | -- | 2.5M |
| Work In Process | 606,000 | 1.8M | 998,000 | 967,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 11.2M | 21.2M | 3.5M | 39.8M |
| Cash Flow From Continuing Operating Activities | 11.2M | 21.2M | 3.5M | 39.8M |
| Depreciation And Amortization | 28.7M | 29.2M | 23.3M | 22.5M |
| Depreciation Amortization Depletion | 28.7M | 29.2M | 23.3M | 22.5M |
| Stock Based Compensation | 1.3M | -362,000 | 2.4M | 3.1M |
| Deferred Tax | -20.7M | -2.7M | 6.3M | 9.2M |
| Deferred Income Tax | -20.7M | -2.7M | 6.3M | 9.2M |
| Change In Working Capital | 7.9M | 11.9M | -18.0M | -15.6M |
| Change In Receivables | 14.1M | -3.9M | 3.6M | -5.4M |
| Change In Inventory | -5.8M | 1.3M | -15.7M | -11.0M |
| Change In Payables And Accrued Expense | -383,000 | 4.6M | 5.2M | 1.8M |
| Change In Payable | -383,000 | 4.6M | 5.2M | 1.8M |
| Change In Other Working Capital | 336,000 | 1.9M | -3.8M | 2.2M |
| Change In Other Current Assets | -- | -- | -- | 0.00 |
| Other Non Cash Items | 8.8M | 7.6M | 1.1M | 732,000 |
| Capital Expenditure | -42.2M | -53.7M | -45.6M | -27.4M |
| Purchase Of PPE | -- | -- | -- | -27.4M |
| Net PPE Purchase And Sale | -42.2M | -53.5M | -42.2M | -27.4M |
| Investing Cash Flow | -42.2M | -62.9M | -60.1M | -27.4M |
| Cash Flow From Continuing Investing Activities | -42.2M | -62.9M | -60.1M | -27.4M |
| Issuance Of Debt | 44.4M | 70.0M | 55.0M | 15.0M |
| Repayment Of Debt | -27.7M | -35.6M | -30.6M | -25.0M |
| Net Issuance Payments Of Debt | 16.7M | 34.4M | 24.4M | -10.0M |
| Issuance Of Capital Stock | -- | 0.00 | 277,000 | 3.2M |
| Repurchase Of Capital Stock | -- | 0.00 | -6.1M | 0.00 |
| Net Common Stock Issuance | -- | 0.00 | -5.8M | 3.2M |
| Common Stock Payments | -- | 0.00 | -6.1M | 0.00 |
| Financing Cash Flow | 12.0M | 29.1M | 26.4M | -6.9M |
| Cash Flow From Continuing Financing Activities | 12.0M | 29.1M | 26.4M | -6.9M |
| Effect Of Exchange Rate Changes | -1.6M | 804,000 | 933,000 | -831,000 |
| Changes In Cash | -19.0M | -12.6M | -30.3M | 5.5M |
| Beginning Cash Position | 42.7M | 54.5M | 83.8M | 79.1M |
| End Cash Position | 22.1M | 42.7M | 54.5M | 83.8M |
| Free Cash Flow | -31.1M | -32.5M | -42.2M | 12.4M |
| Interest Paid Supplemental Data | -- | -- | 616,000 | 0.00 |
| Asset Impairment Charge | 19.6M | 8.9M | 0.00 | -- |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Account Payable | -383,000 | 4.6M | 5.2M | 1.8M |
| Change In Prepaid Assets | -278,000 | 8.0M | -7.2M | -3.2M |
| Common Stock Issuance | -- | 0.00 | 277,000 | 3.2M |
| Depreciation | 28.7M | 29.2M | 23.3M | 22.5M |
| Gain Loss On Sale Of PPE | 1.1M | 0.00 | 0.00 | -- |
| Interest Paid Cff | -6.3M | -7.1M | -616,000 | 0.00 |
| Long Term Debt Issuance | -- | -- | -- | 15.0M |
| Long Term Debt Payments | -600,000 | -580,000 | -569,000 | -230,000 |
| Net Foreign Currency Exchange Gain Loss | 12.1M | -509,000 | -4.6M | 324,000 |
| Net Income From Continuing Operations | -50.6M | -32.4M | -2.2M | 22.6M |
| Net Intangibles Purchase And Sale | 0.00 | -157,000 | -3.4M | 0.00 |
| Net Long Term Debt Issuance | -600,000 | -580,000 | -569,000 | -230,000 |
| Net Other Financing Charges | 1.7M | 1.8M | 8.4M | -45,000 |
| Net Other Investing Changes | -- | -9.2M | -14.5M | -- |
| Net Short Term Debt Issuance | 17.3M | 35.0M | 25.0M | -9.8M |
| Operating Gains Losses | 13.2M | -353,000 | -4.6M | 324,000 |
| Provisionand Write Offof Assets | -- | 0.00 | -58,000 | -- |
| Purchase Of Intangibles | -- | -157,000 | -3.4M | 0.00 |
| Short Term Debt Issuance | 44.4M | 70.0M | 55.0M | 15.0M |
| Short Term Debt Payments | -27.1M | -35.0M | -30.0M | -24.8M |
| Taxes Refund Paid | 2.9M | -686,000 | -4.7M | -3.1M |