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 | 17.7M | 10.0M | 8.2M | 8.8M |
| Operating Revenue | 17.7M | 10.0M | 8.2M | 8.8M |
| Cost Of Revenue | 12.4M | 8.4M | 10.4M | 6.2M |
| Gross Profit | 5.3M | 1.6M | -2.2M | 2.5M |
| Selling General And Administration | 4.8M | 5.6M | 3.8M | 2.6M |
| General And Administrative Expense | 4.8M | 5.6M | 3.7M | 2.4M |
| Research And Development | -- | 70,000 | 669,000 | -- |
| Depreciation And Amortization In Income Statement | 183,000 | 136,000 | 87,000 | -- |
| Operating Expense | 4.9M | 5.8M | 4.6M | 2.6M |
| Operating Income | 406,000 | -4.1M | -6.8M | -65,267 |
| EBIT | 5.1M | -6.9M | -6.8M | -42,438 |
| Interest Expense | 1.7M | 1.6M | 1.3M | 1.6M |
| Interest Expense Non Operating | 1.7M | 1.6M | 1.3M | 1.6M |
| Interest Income | -- | -- | -- | 0.00 |
| Interest Income Non Operating | -- | -- | -- | 0.00 |
| Net Interest Income | -1.9M | -1.8M | -1.4M | -1.7M |
| Other Income Expense | 4.9M | -2.6M | 81,000 | 141,322 |
| Special Income Charges | 4.9M | -2.5M | 232,000 | 141,322 |
| Restructuring And Mergern Acquisition | -4.9M | 2.5M | 425,000 | -- |
| Gain On Sale Of Security | -- | -50,000 | -151,000 | -- |
| Pretax Income | 3.4M | -8.5M | -8.1M | -1.6M |
| Tax Provision | 50,000 | 0.00 | -- | 147,455 |
| Tax Effect Of Unusual Items | 72,230 | 0.00 | 0.00 | 37,450 |
| Net Income From Continuing And Discontinued Operation | 3.3M | -8.5M | -8.1M | -1.8M |
| Net Income From Continuing Operation Net Minority Interest | 3.3M | -8.5M | -8.1M | -1.8M |
| Net Income Including Noncontrolling Interests | 3.3M | -8.5M | -8.1M | -1.8M |
| Net Income Common Stockholders | 3.3M | -8.5M | -8.1M | -1.8M |
| Net Income | 3.3M | -8.5M | -8.1M | -1.8M |
| EBITDA | 6.6M | -5.8M | -5.7M | 931,550 |
| Normalized EBITDA | 1.8M | -3.2M | -5.8M | 790,228 |
| Reconciled Depreciation | 1.5M | 1.1M | 1.0M | 973,988 |
| Basic EPS | 0.03 | -0.11 | -0.10 | -0.01 |
| Diluted EPS | 0.03 | -0.11 | -0.10 | -0.01 |
| Basic Average Shares | 105.4M | 80.4M | 82.2M | 131.4M |
| Diluted Average Shares | 105.5M | 80.4M | 82.2M | 131.4M |
| Total Unusual Items | 4.9M | -2.6M | 81,000 | 141,322 |
| Total Unusual Items Excluding Goodwill | 4.9M | -2.6M | 81,000 | 141,322 |
| Tax Rate For Calcs | 0.01 | 0.00 | 0.00 | 0.27 |
| Normalized Income | -1.5M | -5.9M | -8.1M | -1.9M |
| Depreciation Amortization Depletion Income Statement | 183,000 | 136,000 | 87,000 | -- |
| Depreciation Income Statement | -- | 136,000 | 87,000 | -- |
| Diluted NI Availto Com Stockholders | 3.3M | -8.5M | -8.1M | -1.8M |
| Net Income Continuous Operations | 3.3M | -8.5M | -8.1M | -1.8M |
| Net Non Operating Interest Income Expense | -1.9M | -1.8M | -1.4M | -1.7M |
| Other Gand A | 2.0M | 1.4M | 1.8M | 2.4M |
| Other Special Charges | -- | -- | -657,000 | -141,322 |
| Reconciled Cost Of Revenue | 11.1M | 7.4M | 9.4M | 6.2M |
| Salaries And Wages | 2.7M | 4.2M | 1.9M | -- |
| Selling And Marketing Expense | -- | 121,000 | 133,000 | 218,071 |
| Total Expenses | 17.3M | 14.1M | 15.0M | 8.8M |
| Total Operating Income As Reported | 824,000 | -2.0M | -6.8M | -- |
| Total Other Finance Cost | 157,000 | 186,000 | 118,000 | 118,493 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 296,000 | 8,000 | 0.00 | 741,010 |
| Cash Cash Equivalents And Short Term Investments | 296,000 | 8,000 | 0.00 | 741,010 |
| Accounts Receivable | 4.8M | 2.6M | 965,000 | 1.1M |
| Receivables | 5.0M | 2.7M | 1.2M | 1.4M |
| Inventory | 9.1M | 4.1M | 3.0M | 4.2M |
| Prepaid Assets | 1.0M | 405,000 | 207,000 | 128,820 |
| Current Assets | 15.4M | 7.2M | 4.4M | 6.5M |
| Gross PPE | 26.7M | 17.7M | -- | 14.3M |
| Accumulated Depreciation | -3.7M | -2.9M | -- | -1.4M |
| Net PPE | 22.9M | 14.7M | 13.9M | 12.9M |
| Goodwill | 157,000 | 0.00 | -- | -- |
| Goodwill And Other Intangible Assets | 13.4M | 8.9M | 9.0M | 9.4M |
| Other Intangible Assets | 13.3M | 8.9M | -- | 9.4M |
| Total Non Current Assets | 38.1M | 23.7M | 22.9M | 22.6M |
| Total Assets | 53.5M | 30.9M | 27.3M | 29.0M |
| Current Debt | 4.0M | 9.0M | 4.3M | 1.9M |
| Current Debt And Capital Lease Obligation | 4.5M | 9.1M | 4.5M | 2.1M |
| Accounts Payable | 4.5M | 4.9M | 4.5M | 2.5M |
| Payables | 4.5M | 4.9M | 4.5M | 2.5M |
| Payables And Accrued Expenses | 5.2M | 6.0M | 6.1M | 3.7M |
| Current Accrued Expenses | 655,000 | 1.1M | 1.6M | 1.2M |
| Current Deferred Revenue | -- | 0.00 | 8,000 | 0.00 |
| Other Current Liabilities | -- | -- | 1.0M | 1.5M |
| Current Liabilities | 9.7M | 15.1M | 11.6M | 7.3M |
| Long Term Debt | 12.8M | 4.7M | 7.8M | 8.0M |
| Long Term Debt And Capital Lease Obligation | 17.2M | 7.2M | 10.4M | 10.7M |
| Long Term Capital Lease Obligation | 4.4M | 2.4M | 2.6M | 2.7M |
| Total Non Current Liabilities Net Minority Interest | 19.0M | 7.2M | 10.4M | 10.7M |
| Total Liabilities Net Minority Interest | 28.6M | 22.2M | 22.0M | 17.9M |
| Common Stock | 36.4M | 24.2M | 15.1M | 12.8M |
| Capital Stock | 36.4M | 24.2M | 15.1M | 12.8M |
| Additional Paid In Capital | 3.0M | 2.3M | 0.00 | -- |
| Retained Earnings | -14.9M | -18.2M | -9.8M | -1.7M |
| Common Stock Equity | 24.9M | 8.7M | 5.3M | 11.1M |
| Stockholders Equity | 24.9M | 8.7M | 5.3M | 11.1M |
| Total Equity Gross Minority Interest | 24.9M | 8.7M | 5.3M | 11.1M |
| Total Capitalization | 37.6M | 13.4M | 13.1M | 19.1M |
| Net Tangible Assets | 11.5M | -276,000 | -3.7M | 1.7M |
| Tangible Book Value | 11.5M | -276,000 | -3.7M | 1.7M |
| Working Capital | 5.7M | -7.9M | -7.2M | -778,752 |
| Invested Capital | 41.7M | 22.4M | 17.4M | 21.0M |
| Total Debt | 21.6M | 16.3M | 14.9M | 12.7M |
| Net Debt | 16.5M | 13.7M | 12.2M | 9.1M |
| Share Issued | 115.5M | 82.4M | 82.2M | 82.2M |
| Ordinary Shares Number | 115.5M | 82.4M | 82.2M | 82.2M |
| Allowance For Doubtful Accounts Receivable | -7,000 | -42,000 | -40,000 | -40,000 |
| Buildings And Improvements | 10.7M | 6.9M | -- | 6.5M |
| Capital Lease Obligations | 4.9M | 2.6M | 2.7M | 2.9M |
| Construction In Progress | 0.00 | 0.00 | -- | 514,349 |
| Current Capital Lease Obligation | 447,000 | 117,000 | 136,000 | 186,840 |
| Current Deferred Liabilities | -- | 0.00 | 8,000 | 0.00 |
| Current Notes Payable | -- | 3.1M | 2.2M | -- |
| Finished Goods | 3.7M | 1.8M | 1.3M | 3.0M |
| Gross Accounts Receivable | 4.8M | 2.6M | 1.0M | 1.2M |
| Interest Payable | 237,000 | 319,000 | 114,000 | 27,690 |
| Inventories Adjustments Allowances | -166,000 | -73,000 | -90,000 | -88,859 |
| Land And Improvements | 556,000 | 284,000 | -- | 283,500 |
| Line Of Credit | 2.6M | 670,000 | 493,000 | -- |
| Machinery Furniture Equipment | 614,000 | 325,000 | -- | 224,311 |
| Non Current Deferred Assets | 223,000 | 0.00 | -- | 0.00 |
| Non Current Deferred Liabilities | 1.8M | 0.00 | -- | -- |
| Non Current Deferred Taxes Assets | 223,000 | 0.00 | -- | 0.00 |
| Non Current Deferred Taxes Liabilities | 1.8M | 0.00 | -- | -- |
| Non Current Prepaid Assets | 1.5M | 20,000 | 20,000 | 275,208 |
| Other Current Borrowings | 1.5M | 8.3M | 1.6M | 1.9M |
| Other Equity Interest | 375,000 | 375,000 | -- | -- |
| Other Inventories | 989,000 | 718,000 | 739,000 | 277,079 |
| Other Properties | 14.8M | 10.2M | -- | 6.8M |
| Other Receivables | -- | -- | 192,000 | 153,459 |
| Properties | 0.00 | 0.00 | -- | 0.00 |
| Raw Materials | 4.0M | 1.4M | 686,000 | 687,841 |
| Taxes Receivable | 154,000 | 130,000 | 74,000 | 168,371 |
| Total Tax Payable | 37,000 | 0.00 | -- | -- |
| Work In Process | 541,000 | 264,000 | 304,000 | 334,900 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -1.7M | -7.1M | -3.2M | -1.1M |
| Cash Flow From Continuing Operating Activities | -1.7M | -7.1M | -3.2M | -1.1M |
| Depreciation And Amortization | 1.5M | 1.1M | 1.0M | 973,988 |
| Depreciation Amortization Depletion | 1.5M | 1.1M | 1.0M | 973,988 |
| Stock Based Compensation | 418,000 | 2.1M | 0.00 | -- |
| Deferred Tax | 50,000 | 0.00 | -- | 147,455 |
| Deferred Income Tax | 50,000 | 0.00 | -- | 147,455 |
| Change In Working Capital | -4.0M | -4.7M | 3.0M | -2.0M |
| Changes In Account Receivables | -508,000 | -1.4M | -- | 964,906 |
| Change In Receivables | -508,000 | -1.4M | -- | 964,906 |
| Change In Inventory | -1.8M | -1.2M | -- | -2.0M |
| Change In Payables And Accrued Expense | -1.3M | -2.0M | -- | -384,669 |
| Change In Other Working Capital | -- | -8,000 | -- | -512,097 |
| Other Non Cash Items | -3.0M | 2.8M | 880,000 | 1.6M |
| Capital Expenditure | -4.2M | -1.0M | -997,000 | -914,787 |
| Purchase Of PPE | -3.1M | -656,000 | -997,000 | -914,787 |
| Net PPE Purchase And Sale | -3.1M | -656,000 | -997,000 | -914,787 |
| Purchase Of Business | -3.3M | 0.00 | -- | -- |
| Investing Cash Flow | -7.5M | -1.0M | -997,000 | -1.0M |
| Cash Flow From Continuing Investing Activities | -7.5M | -1.0M | -997,000 | -1.0M |
| Issuance Of Debt | 9.2M | 4.2M | 4.0M | 5.3M |
| Repayment Of Debt | -5.6M | -2.8M | -1.1M | -4.8M |
| Net Issuance Payments Of Debt | 3.5M | 1.5M | 2.8M | 549,283 |
| Issuance Of Capital Stock | 8.2M | 9.5M | 2.4M | 2.6M |
| Net Common Stock Issuance | 8.2M | 9.5M | 2.4M | 2.6M |
| Financing Cash Flow | 9.4M | 8.1M | 3.4M | 940,167 |
| Cash Flow From Continuing Financing Activities | 9.4M | 8.1M | 3.4M | 940,167 |
| Changes In Cash | 288,000 | 8,000 | -741,000 | -1.2M |
| Beginning Cash Position | 8,000 | 0.00 | 741,000 | 1.9M |
| End Cash Position | 296,000 | 8,000 | 0.00 | 741,010 |
| Free Cash Flow | -5.9M | -8.1M | -4.2M | -2.0M |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | -407,000 | -198,000 | -- | -25,267 |
| Common Stock Issuance | 8.2M | 9.5M | 2.4M | 2.6M |
| Interest Paid Cff | -1.2M | -1.0M | -883,000 | -1.3M |
| Long Term Debt Issuance | 8.8M | 4.0M | 3.5M | 5.3M |
| Long Term Debt Payments | -5.6M | -2.8M | -1.1M | -4.8M |
| Net Business Purchase And Sale | -3.3M | 0.00 | -- | -- |
| Net Income From Continuing Operations | 3.3M | -8.5M | -8.1M | -1.8M |
| Net Intangibles Purchase And Sale | -1.1M | -361,000 | 0.00 | -- |
| Net Long Term Debt Issuance | 3.1M | 1.3M | 2.3M | 549,283 |
| Net Other Financing Charges | -1.1M | -1.8M | -888,000 | -992,864 |
| Net Other Investing Changes | -- | -- | -- | -124,905 |
| Net Short Term Debt Issuance | 395,000 | 195,000 | 500,000 | -- |
| Purchase Of Intangibles | -1.1M | -361,000 | 0.00 | -- |
| Short Term Debt Issuance | 395,000 | 195,000 | 500,000 | -- |
| Unrealized Gain Loss On Investment Securities | 0.00 | 50,000 | -- | -- |