Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Total Revenue | 7.6M | 7.2M | 6.6M | 5.4M | 4.0M | -- |
| Operating Revenue | 7.6M | 7.2M | 6.6M | 5.4M | 4.0M | -- |
| Cost Of Revenue | 5.2M | 5.2M | 4.5M | 3.9M | 2.8M | -- |
| Gross Profit | 2.3M | 2.1M | 2.1M | 1.5M | 1.2M | -- |
| Selling General And Administration | 1.8M | 1.5M | 1.6M | 1.2M | 1.1M | -- |
| General And Administrative Expense | 1.8M | 1.5M | 1.6M | 1.2M | 1.1M | -- |
| Research And Development | -- | -- | -- | -- | -- | 3,000 |
| Depreciation And Amortization In Income Statement | 142,000 | 230,000 | 35,000 | 81,000 | 35,000 | -- |
| Operating Expense | 1.9M | 1.8M | 1.7M | 1.3M | 1.1M | -- |
| Operating Income | 394,000 | 304,000 | 433,000 | 216,000 | 85,000 | -- |
| EBIT | -422,000 | 222,000 | 365,000 | 5.1M | 15,000 | -- |
| Interest Expense | 758,000 | 611,000 | 520,000 | 517,000 | 401,000 | -- |
| Interest Expense Non Operating | 758,000 | 611,000 | 520,000 | 517,000 | 401,000 | -- |
| Net Interest Income | -817,000 | -693,000 | -588,000 | -552,000 | -478,000 | -- |
| Other Income Expense | -757,000 | -- | -- | 4.9M | 7,000 | 23,000 |
| Special Income Charges | -757,000 | 0.00 | -- | 4.9M | 7,000 | 23,000 |
| Restructuring And Mergern Acquisition | 0.00 | 0.00 | -- | -4.9M | -7,000 | -23,000 |
| Pretax Income | -1.2M | -389,000 | -155,000 | 4.5M | -386,000 | -- |
| Tax Provision | -- | -- | -- | -- | -- | 0.00 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 732,750 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | -1.2M | -389,000 | -155,000 | 4.5M | -386,000 | -- |
| Net Income From Continuing Operation Net Minority Interest | -1.2M | -389,000 | -155,000 | 4.5M | -386,000 | -- |
| Net Income Including Noncontrolling Interests | -1.2M | -389,000 | -155,000 | 4.5M | -386,000 | -- |
| Net Income Common Stockholders | -1.2M | -389,000 | -155,000 | 4.5M | -386,000 | -- |
| Net Income | -1.2M | -389,000 | -155,000 | 4.5M | -386,000 | -- |
| EBITDA | 184,000 | 929,000 | 836,000 | 5.5M | 369,000 | -- |
| Normalized EBITDA | 941,000 | 929,000 | 836,000 | 656,000 | 362,000 | -- |
| Reconciled Depreciation | 606,000 | 707,000 | 471,000 | 475,000 | 354,000 | -- |
| Basic EPS | -0.01 | 0.00 | 0.00 | -- | 0.00 | 0.00 |
| Diluted EPS | -0.01 | 0.00 | 0.00 | -- | 0.00 | 0.00 |
| Basic Average Shares | 117.6M | 115.5M | 115.5M | -- | 115.1M | 105.8M |
| Diluted Average Shares | 117.6M | 115.5M | 115.5M | -- | 115.3M | 105.9M |
| Total Unusual Items | -757,000 | 0.00 | -- | 4.9M | 7,000 | 23,000 |
| Total Unusual Items Excluding Goodwill | -757,000 | 0.00 | -- | 4.9M | 7,000 | 23,000 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 | -- |
| Normalized Income | -423,000 | -389,000 | -155,000 | 346,750 | -393,000 | -- |
| Depreciation Amortization Depletion Income Statement | 142,000 | 230,000 | 35,000 | 81,000 | 35,000 | -- |
| Depreciation Income Statement | -- | 230,000 | -- | -- | 35,000 | 33,000 |
| Diluted NI Availto Com Stockholders | -1.2M | -389,000 | -155,000 | 4.5M | -386,000 | -- |
| Net Income Continuous Operations | -1.2M | -389,000 | -155,000 | 4.5M | -386,000 | -- |
| Net Non Operating Interest Income Expense | -817,000 | -693,000 | -588,000 | -552,000 | -478,000 | -- |
| Other Gand A | 779,000 | 810,000 | 836,000 | 353,000 | 568,000 | -- |
| Other Special Charges | 757,000 | -- | -- | -- | -- | -- |
| Reconciled Cost Of Revenue | 4.8M | 4.7M | 4.1M | 3.5M | 2.5M | -- |
| Salaries And Wages | 1.0M | 717,000 | 802,000 | 822,000 | 506,000 | -- |
| Selling And Marketing Expense | -- | -- | -- | -- | -- | 20,000 |
| Total Expenses | 7.2M | 6.9M | 6.2M | 5.2M | 3.9M | -- |
| Total Operating Income As Reported | 482,000 | 340,000 | 447,000 | 300,000 | 85,000 | -- |
| Total Other Finance Cost | 59,000 | 82,000 | 68,000 | 35,000 | 77,000 | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 449,000 | 201,000 | 177,000 | 296,000 | 164,000 | -- |
| Cash Cash Equivalents And Short Term Investments | 449,000 | 201,000 | 177,000 | 296,000 | 164,000 | -- |
| Accounts Receivable | 5.9M | 5.2M | 5.2M | 4.8M | 3.4M | -- |
| Receivables | 5.9M | 5.2M | 5.2M | 5.0M | 3.4M | -- |
| Inventory | 13.4M | 12.4M | 11.7M | 9.1M | 5.6M | -- |
| Prepaid Assets | 920,000 | 664,000 | 610,000 | 1.0M | 688,000 | -- |
| Current Assets | 20.7M | 23.2M | 17.7M | 15.4M | 9.9M | -- |
| Gross PPE | -- | -- | -- | 26.7M | -- | -- |
| Accumulated Depreciation | -- | -- | -- | -3.7M | -- | -- |
| Net PPE | 24.8M | 24.4M | 22.9M | 22.9M | 18.9M | -- |
| Goodwill | 157,000 | 157,000 | 157,000 | 157,000 | -- | -- |
| Goodwill And Other Intangible Assets | 14.5M | 13.9M | 13.6M | 13.4M | 9.1M | -- |
| Other Intangible Assets | 14.3M | 13.8M | 13.4M | 13.3M | -- | -- |
| Total Non Current Assets | 39.5M | 38.6M | 38.3M | 38.1M | 28.1M | -- |
| Total Assets | 60.2M | 61.8M | 56.0M | 53.5M | 38.0M | -- |
| Current Debt | 8.9M | 10.2M | 4.9M | 4.0M | 4.7M | -- |
| Current Debt And Capital Lease Obligation | 9.4M | 10.6M | 5.4M | 4.5M | 5.0M | -- |
| Accounts Payable | -- | -- | -- | 4.5M | -- | -- |
| Payables | -- | -- | -- | 4.5M | -- | -- |
| Payables And Accrued Expenses | 4.1M | 7.5M | 6.3M | 5.2M | 3.5M | -- |
| Current Accrued Expenses | -- | -- | -- | 655,000 | -- | -- |
| Current Liabilities | 13.5M | 18.1M | 11.7M | 9.7M | 8.5M | -- |
| Long Term Debt | 15.4M | 13.3M | 13.4M | 12.8M | 6.5M | -- |
| Long Term Debt And Capital Lease Obligation | 19.5M | 17.5M | 17.7M | 17.2M | 9.1M | -- |
| Long Term Capital Lease Obligation | 4.1M | 4.2M | 4.3M | 4.4M | 2.6M | -- |
| Total Non Current Liabilities Net Minority Interest | 21.3M | 19.3M | 19.5M | 19.0M | 9.1M | -- |
| Total Liabilities Net Minority Interest | 34.8M | 37.4M | 31.2M | 28.6M | 17.6M | -- |
| Common Stock | 38.5M | 36.4M | 36.4M | 36.4M | 36.7M | -- |
| Capital Stock | 38.5M | 36.4M | 36.4M | 36.4M | 36.7M | -- |
| Additional Paid In Capital | 3.6M | 3.1M | 3.1M | 3.0M | 2.7M | -- |
| Retained Earnings | -16.6M | -15.5M | -15.1M | -14.9M | -19.4M | -- |
| Common Stock Equity | 25.4M | 24.4M | 24.8M | 24.9M | 20.4M | -- |
| Stockholders Equity | 25.4M | 24.4M | 24.8M | 24.9M | 20.4M | -- |
| Total Equity Gross Minority Interest | 25.4M | 24.4M | 24.8M | 24.9M | 20.4M | -- |
| Total Capitalization | 40.8M | 37.7M | 38.2M | 37.6M | 26.9M | -- |
| Net Tangible Assets | 10.9M | 10.5M | 11.2M | 11.5M | 11.2M | -- |
| Tangible Book Value | 10.9M | 10.5M | 11.2M | 11.5M | 11.2M | -- |
| Working Capital | 7.1M | 5.1M | 6.0M | 5.7M | 1.4M | -- |
| Invested Capital | 49.7M | 47.8M | 43.1M | 41.7M | 31.6M | -- |
| Total Debt | 28.9M | 28.1M | 23.1M | 21.6M | 14.0M | -- |
| Net Debt | 23.9M | 23.2M | 18.2M | 16.5M | 11.0M | -- |
| Share Issued | 121.2M | 115.5M | 115.5M | 115.5M | 115.5M | -- |
| Ordinary Shares Number | 121.2M | 115.5M | 115.5M | 115.5M | 115.5M | -- |
| Allowance For Doubtful Accounts Receivable | -- | -- | -- | -7,000 | -- | -- |
| Buildings And Improvements | -- | -- | -- | 10.7M | -- | -- |
| Capital Lease Obligations | 4.5M | 4.7M | 4.8M | 4.9M | 2.8M | -- |
| Construction In Progress | -- | -- | -- | 0.00 | -- | -- |
| Current Capital Lease Obligation | 484,000 | 473,000 | 462,000 | 447,000 | 263,000 | -- |
| Current Notes Payable | 1.2M | -- | -- | -- | 0.00 | 0.00 |
| Finished Goods | -- | -- | -- | 3.7M | -- | -- |
| Gross Accounts Receivable | -- | -- | -- | 4.8M | -- | -- |
| Interest Payable | -- | -- | -- | 237,000 | -- | -- |
| Inventories Adjustments Allowances | -- | -- | -- | -166,000 | -- | -- |
| Land And Improvements | -- | -- | -- | 556,000 | -- | -- |
| Line Of Credit | 6.8M | 8.2M | 3.1M | 2.6M | 514,000 | -- |
| Machinery Furniture Equipment | -- | -- | -- | 614,000 | -- | -- |
| Non Current Deferred Assets | 223,000 | 223,000 | 223,000 | 223,000 | -- | -- |
| Non Current Deferred Liabilities | 1.8M | 1.8M | 1.8M | 1.8M | 33,000 | -- |
| Non Current Deferred Taxes Assets | 223,000 | 223,000 | 223,000 | 223,000 | -- | -- |
| Non Current Deferred Taxes Liabilities | 1.8M | 1.8M | 1.8M | 1.8M | 33,000 | -- |
| Non Current Prepaid Assets | 74,000 | 60,000 | 1.5M | 1.5M | 20,000 | -- |
| Other Current Borrowings | 897,000 | 1.9M | 1.8M | 1.5M | 4.2M | -- |
| Other Equity Interest | -- | 375,000 | 375,000 | 375,000 | 375,000 | 375,000 |
| Other Inventories | -- | -- | -- | 989,000 | -- | -- |
| Other Properties | -- | -- | -- | 14.8M | -- | -- |
| Properties | -- | -- | -- | 0.00 | -- | -- |
| Raw Materials | -- | -- | -- | 4.0M | -- | -- |
| Restricted Cash | -- | 4.8M | -- | -- | -- | -- |
| Taxes Receivable | 9,000 | 9,000 | 9,000 | 154,000 | -- | -- |
| Total Tax Payable | -- | -- | -- | 37,000 | -- | -- |
| Work In Process | -- | -- | -- | 541,000 | -- | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -4.4M | 1.5M | -483,000 | 452,000 | -87,000 | -- |
| Cash Flow From Continuing Operating Activities | -4.4M | 1.5M | -483,000 | 452,000 | -87,000 | -- |
| Depreciation And Amortization | 606,000 | 707,000 | 471,000 | 475,000 | 354,000 | -- |
| Depreciation Amortization Depletion | 606,000 | 707,000 | 471,000 | 475,000 | 354,000 | -- |
| Stock Based Compensation | 88,000 | 36,000 | 14,000 | 16,000 | 0.00 | -- |
| Change In Working Capital | -5.5M | 440,000 | -1.4M | -323,000 | -526,000 | -- |
| Changes In Account Receivables | -685,000 | 27,000 | -279,000 | 124,000 | -125,000 | -- |
| Change In Receivables | -685,000 | 27,000 | -279,000 | 124,000 | -125,000 | -- |
| Change In Inventory | -915,000 | -703,000 | -2.6M | -555,000 | -317,000 | -- |
| Change In Payables And Accrued Expense | -3.7M | 1.2M | 1.0M | 245,000 | -411,000 | -- |
| Other Non Cash Items | 817,000 | 693,000 | 588,000 | -4.3M | 478,000 | -- |
| Capital Expenditure | -1.6M | -985,000 | -636,000 | -1.0M | -1.4M | -- |
| Purchase Of PPE | -849,000 | -440,000 | -374,000 | -453,000 | -1.2M | -- |
| Net PPE Purchase And Sale | -849,000 | -440,000 | -374,000 | -453,000 | -1.2M | -- |
| Purchase Of Business | 0.00 | 0.00 | -- | -1.1M | -30,000 | -2.1M |
| Investing Cash Flow | -1.6M | -985,000 | -636,000 | -2.1M | -1.4M | -- |
| Cash Flow From Continuing Investing Activities | -1.6M | -985,000 | -636,000 | -2.1M | -1.4M | -- |
| Issuance Of Debt | 8.4M | 500,000 | 1.9M | 6.2M | 1.7M | -- |
| Repayment Of Debt | -6.7M | -671,000 | -540,000 | -4.0M | -731,000 | -- |
| Net Issuance Payments Of Debt | 196,000 | 5.0M | 1.4M | 2.6M | 798,000 | -- |
| Issuance Of Capital Stock | 2.3M | 0.00 | 0.00 | 0.00 | 960,000 | -- |
| Net Common Stock Issuance | 2.3M | 0.00 | 0.00 | 0.00 | 960,000 | -- |
| Financing Cash Flow | 1.5M | 4.3M | 1.0M | 1.8M | 1.4M | -- |
| Cash Flow From Continuing Financing Activities | 1.5M | 4.3M | 1.0M | 1.8M | 1.4M | -- |
| Changes In Cash | -4.5M | 4.8M | -119,000 | 132,000 | -125,000 | -- |
| Beginning Cash Position | 5.0M | 177,000 | 296,000 | 164,000 | 289,000 | -- |
| End Cash Position | 449,000 | 5.0M | 177,000 | 296,000 | 164,000 | -- |
| Free Cash Flow | -6.0M | 502,000 | -1.1M | -565,000 | -1.4M | -- |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Change In Prepaid Assets | -250,000 | -61,000 | 397,000 | -137,000 | 327,000 | -- |
| Common Stock Issuance | 2.3M | 0.00 | 0.00 | 0.00 | 960,000 | -- |
| Gain Loss On Sale Of Business | 0.00 | -- | -- | -- | -7,000 | -- |
| Interest Paid Cff | -590,000 | -593,000 | -363,000 | -691,000 | -155,000 | -- |
| Long Term Debt Issuance | 8.4M | 500,000 | 598,000 | 5.8M | 1.7M | -- |
| Long Term Debt Payments | -6.7M | -671,000 | -540,000 | -4.0M | -731,000 | -- |
| Net Business Purchase And Sale | 0.00 | 0.00 | -- | -1.1M | -30,000 | -2.1M |
| Net Income From Continuing Operations | -1.2M | -389,000 | -155,000 | 4.5M | -386,000 | -- |
| Net Intangibles Purchase And Sale | -715,000 | -545,000 | -262,000 | -564,000 | -167,000 | -- |
| Net Long Term Debt Issuance | 1.6M | -171,000 | 58,000 | 1.8M | 963,000 | -- |
| Net Other Financing Charges | -417,000 | -74,000 | -- | -89,000 | -248,000 | -896,000 |
| Net Short Term Debt Issuance | -1.5M | 5.1M | 1.3M | 785,000 | -165,000 | -- |
| Operating Gains Losses | 757,000 | -- | -- | -- | -7,000 | -- |
| Purchase Of Intangibles | -715,000 | -545,000 | -262,000 | -564,000 | -167,000 | -- |
| Short Term Debt Issuance | -- | -- | 1.3M | -- | -- | -- |