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 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | 33,353 | 29,489 | 27,591 | 25,134 |
| Gross Profit | -33,353 | -29,489 | -27,591 | -25,134 |
| Selling General And Administration | 2.7M | 2.0M | 1.3M | 1.4M |
| General And Administrative Expense | 2.7M | 2.0M | 1.3M | 1.4M |
| Research And Development | 62,174 | 15,532 | 457,948 | 362,714 |
| Other Operating Expenses | 293,335 | 334,001 | 753,792 | 402,370 |
| Operating Expense | 3.1M | 2.4M | 2.2M | 1.9M |
| Operating Income | -3.1M | -2.4M | -2.2M | -1.9M |
| EBIT | -3.2M | -2.9M | -1.0M | -1.9M |
| Interest Expense | 73,108 | 33,476 | 15,925 | 0.00 |
| Interest Expense Non Operating | 73,108 | 33,476 | 15,925 | 0.00 |
| Interest Income | 11,312 | 7,698 | 5,739 | 2,150 |
| Interest Income Non Operating | 11,312 | 7,698 | 5,739 | 2,150 |
| Net Interest Income | -61,796 | -25,778 | -10,186 | 2,150 |
| Other Income Expense | -73,436 | -500,414 | 1.1M | 7,008 |
| Other Non Operating Income Expenses | -- | 13,515 | -- | -- |
| Special Income Charges | 0.00 | -499,232 | 1.1M | 0.00 |
| Restructuring And Mergern Acquisition | 0.00 | 499,232 | 0.00 | -- |
| Gain On Sale Of Security | -46,290 | -14,697 | 17,269 | 7,008 |
| Pretax Income | -3.2M | -2.9M | -1.1M | -1.9M |
| Tax Provision | -- | 0.00 | 2.2M | 0.00 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 297,019 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -3.2M | -2.9M | -3.3M | -1.9M |
| Net Income From Continuing Operation Net Minority Interest | -3.2M | -2.9M | -3.3M | -1.9M |
| Net Income Including Noncontrolling Interests | -3.2M | -2.9M | -3.3M | -1.9M |
| Net Income Common Stockholders | -3.2M | -2.9M | -3.3M | -1.9M |
| Net Income | -3.2M | -2.9M | -3.3M | -1.9M |
| EBITDA | -3.1M | -2.9M | -1.0M | -1.9M |
| Normalized EBITDA | -3.1M | -2.4M | -2.1M | -1.9M |
| Reconciled Depreciation | 33,353 | 29,489 | 27,591 | 25,134 |
| Basic EPS | -0.03 | -0.03 | -0.03 | -0.02 |
| Diluted EPS | -0.03 | -0.03 | -0.03 | -0.02 |
| Basic Average Shares | 106.4M | 103.5M | 99.5M | 86.2M |
| Diluted Average Shares | 106.4M | 103.5M | 99.5M | 86.2M |
| Total Unusual Items | -46,290 | -513,929 | 1.1M | 7,008 |
| Total Unusual Items Excluding Goodwill | -46,290 | -513,929 | 1.1M | 7,008 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.26 | 0.00 |
| Normalized Income | -3.2M | -2.4M | -4.1M | -1.9M |
| Diluted NI Availto Com Stockholders | -3.2M | -2.9M | -3.3M | -1.9M |
| Gain On Sale Of Ppe | -- | 0.00 | 1.1M | 0.00 |
| Net Income Continuous Operations | -3.2M | -2.9M | -3.3M | -1.9M |
| Net Non Operating Interest Income Expense | -61,796 | -25,778 | -10,186 | 2,150 |
| Other Gand A | 638,607 | 866,123 | 641,522 | 441,890 |
| Reconciled Cost Of Revenue | 33,353 | 29,489 | 27,591 | 25,134 |
| Rent And Landing Fees | 22,867 | 41,359 | 92,394 | 42,726 |
| Rent Expense Supplemental | 22,867 | 41,359 | 92,394 | 42,726 |
| Salaries And Wages | 2.1M | 1.1M | 596,063 | 919,949 |
| Securities Amortization | 27,146 | 0.00 | -- | -- |
| Total Expenses | 3.1M | 2.4M | 2.2M | 1.9M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 31,393 | 627,109 | 2.3M | 650,480 |
| Cash Cash Equivalents And Short Term Investments | 31,393 | 627,109 | 2.3M | 650,480 |
| Cash Financial | 31,393 | 627,109 | 2.3M | 650,480 |
| Receivables | 49,015 | 67,594 | 67,665 | 30,019 |
| Prepaid Assets | 112,186 | 222,451 | 94,180 | 22,024 |
| Current Assets | 192,594 | 917,154 | 2.4M | 702,523 |
| Gross PPE | 7.7M | 6.2M | 4.4M | 7.2M |
| Accumulated Depreciation | -468,135 | -398,567 | -378,553 | -327,476 |
| Net PPE | 7.2M | 5.8M | 4.1M | 6.9M |
| Other Non Current Assets | 752,350 | 691,541 | 522,865 | -- |
| Total Non Current Assets | 8.7M | 6.5M | 4.8M | 6.9M |
| Total Assets | 8.9M | 7.4M | 7.2M | 7.6M |
| Current Debt | 375,553 | -- | -- | -- |
| Current Debt And Capital Lease Obligation | 375,553 | -- | -- | -- |
| Accounts Payable | 2.4M | 737,718 | 704,573 | 506,557 |
| Payables | 2.7M | 781,718 | 748,573 | 550,557 |
| Payables And Accrued Expenses | 2.8M | 830,710 | 765,143 | 563,611 |
| Current Accrued Expenses | 141,013 | 48,992 | 16,570 | 13,054 |
| Current Liabilities | 3.2M | 830,710 | 765,143 | 563,611 |
| Long Term Debt | 625,081 | 345,199 | 353,498 | -- |
| Long Term Debt And Capital Lease Obligation | 625,081 | 345,199 | 353,498 | -- |
| Total Non Current Liabilities Net Minority Interest | 625,081 | 345,199 | 353,498 | 0.00 |
| Total Liabilities Net Minority Interest | 3.8M | 1.2M | 1.1M | 563,611 |
| Common Stock | 45.6M | 45.3M | 44.0M | 42.3M |
| Capital Stock | 45.6M | 45.3M | 44.0M | 42.3M |
| Retained Earnings | -66.0M | -62.8M | -59.8M | -56.5M |
| Gains Losses Not Affecting Retained Earnings | 6.6M | 6.1M | 6.3M | 5.7M |
| Common Stock Equity | 5.1M | 6.3M | 6.1M | 7.0M |
| Stockholders Equity | 5.1M | 6.3M | 6.1M | 7.0M |
| Total Equity Gross Minority Interest | 5.1M | 6.3M | 6.1M | 7.0M |
| Total Capitalization | 5.7M | 6.6M | 6.4M | 7.0M |
| Net Tangible Assets | 5.1M | 6.3M | 6.1M | 7.0M |
| Tangible Book Value | 5.1M | 6.3M | 6.1M | 7.0M |
| Working Capital | -3.0M | 86,444 | 1.7M | 138,912 |
| Invested Capital | 6.1M | 6.6M | 6.4M | 7.0M |
| Total Debt | 1.0M | 345,199 | 353,498 | -- |
| Net Debt | 969,241 | -- | -- | -- |
| Share Issued | 107.1M | 105.4M | 101.8M | 95.2M |
| Ordinary Shares Number | 107.1M | 105.4M | 101.8M | 95.2M |
| Dueto Related Parties Current | 301,362 | 44,000 | 44,000 | 44,000 |
| Foreign Currency Translation Adjustments | 6.6M | 6.1M | 6.3M | 5.7M |
| Interest Payable | 141,013 | 48,992 | 16,570 | 13,054 |
| Machinery Furniture Equipment | 51,926 | 47,729 | 48,876 | 29,132 |
| Non Current Deferred Assets | 10,472 | 0.00 | -- | -- |
| Non Current Prepaid Assets | 716,427 | 0.00 | 185,303 | 0.00 |
| Other Current Borrowings | 375,553 | -- | -- | -- |
| Other Equity Interest | 18.8M | 17.7M | 15.6M | 15.6M |
| Taxes Receivable | 49,015 | 67,594 | 67,665 | 30,019 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -775,964 | -2.2M | -4.7M | -1.5M |
| Cash Flow From Continuing Operating Activities | -775,964 | -2.2M | -4.7M | -1.5M |
| Depreciation And Amortization | 33,353 | 29,489 | 27,591 | 25,134 |
| Depreciation Amortization Depletion | 33,353 | 29,489 | 27,591 | 25,134 |
| Stock Based Compensation | 1.3M | 487,756 | 37,033 | 520,587 |
| Change In Working Capital | 1.1M | 249,184 | -319,696 | -135,273 |
| Change In Receivables | 18,579 | 71.00 | -37,646 | -15,641 |
| Change In Payables And Accrued Expense | 977,108 | 381,674 | -222,866 | -232,646 |
| Change In Payable | 890,947 | 348,198 | -238,791 | -232,646 |
| Other Non Cash Items | 27,146 | -- | -- | -- |
| Capital Expenditure | -752,004 | -1.9M | -2.4M | -142,375 |
| Purchase Of PPE | -752,004 | -1.9M | -2.4M | -142,375 |
| Net PPE Purchase And Sale | -752,004 | -1.9M | 5.1M | -142,375 |
| Investing Cash Flow | -884,081 | -1.9M | 4.4M | -142,375 |
| Cash Flow From Continuing Investing Activities | -884,081 | -1.9M | 4.4M | -142,375 |
| Issuance Of Debt | 750,000 | 0.00 | 353,498 | 0.00 |
| Net Issuance Payments Of Debt | 750,000 | 0.00 | 353,498 | 0.00 |
| Issuance Of Capital Stock | 103,810 | 240,000 | 1.8M | 2.3M |
| Net Common Stock Issuance | 103,810 | 240,000 | 1.8M | 2.3M |
| Financing Cash Flow | 1.1M | 2.5M | 2.1M | 2.2M |
| Cash Flow From Continuing Financing Activities | 1.1M | 2.5M | 2.1M | 2.2M |
| Effect Of Exchange Rate Changes | 5,760 | -23,539 | -281,305 | -2,743 |
| Changes In Cash | -601,476 | -1.6M | 1.9M | 606,048 |
| Beginning Cash Position | 627,109 | 2.3M | 650,480 | 47,175 |
| End Cash Position | 31,393 | 627,109 | 2.3M | 650,480 |
| Free Cash Flow | -1.5M | -4.1M | -7.1M | -1.6M |
| Capital Expenditure Reported | -- | -1.9M | -2.3M | -142,375 |
| Change In Account Payable | 890,947 | 348,198 | -238,791 | -232,646 |
| Change In Accrued Expense | 86,161 | 33,476 | 15,925 | 0.00 |
| Change In Interest Payable | 86,161 | 33,476 | 15,925 | 0.00 |
| Change In Prepaid Assets | 121,797 | -132,561 | -59,184 | 113,014 |
| Common Stock Issuance | 103,810 | 240,000 | 1.8M | 2.3M |
| Depreciation | 33,353 | 29,489 | 27,591 | 25,134 |
| Gain Loss On Sale Of PPE | -- | 0.00 | -1.1M | 0.00 |
| Long Term Debt Issuance | 750,000 | 0.00 | 353,498 | 0.00 |
| Net Foreign Currency Exchange Gain Loss | 5,324 | 0.00 | -- | -- |
| Net Income From Continuing Operations | -3.2M | -2.9M | -3.3M | -1.9M |
| Net Long Term Debt Issuance | 750,000 | 0.00 | 353,498 | 0.00 |
| Net Other Financing Charges | 204,759 | 2.2M | -9,715 | -14,276 |
| Net Other Investing Changes | -132,077 | -1.9M | -708,168 | -142,375 |
| Operating Gains Losses | 5,324 | -- | -1.1M | -- |
| Sale Of PPE | -- | 0.00 | 7.5M | 0.00 |