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 | 77.5M | 69.7M | 52.4M | 32.8M |
| Operating Revenue | 77.5M | 69.7M | 52.4M | 32.8M |
| Cost Of Revenue | 49.9M | 46.9M | 36.7M | 23.7M |
| Gross Profit | 27.6M | 22.8M | 15.8M | 9.1M |
| Selling General And Administration | 13.0M | 11.0M | 8.3M | 7.0M |
| General And Administrative Expense | 10.0M | 8.6M | 6.5M | 5.6M |
| Research And Development | 4.7M | 4.1M | 3.0M | 2.0M |
| Other Operating Expenses | -- | -- | -36,000 | -5.2M |
| Operating Expense | 17.7M | 15.1M | 11.2M | 3.8M |
| Operating Income | 9.9M | 7.7M | 4.5M | 5.3M |
| EBIT | 10.3M | 7.8M | 8.5M | 4.9M |
| Interest Expense | 385,000 | 679,000 | 737,000 | 805,000 |
| Interest Expense Non Operating | 385,000 | 679,000 | 737,000 | 805,000 |
| Interest Income | 336,000 | 403,000 | 17,000 | 17,000 |
| Interest Income Non Operating | 336,000 | 403,000 | 17,000 | 17,000 |
| Net Interest Income | -49,000 | -340,000 | -771,000 | -843,000 |
| Other Income Expense | 17,000 | -304,000 | 4.0M | -397,000 |
| Other Non Operating Income Expenses | -5,000 | -44,000 | -53,000 | -446,000 |
| Special Income Charges | 3,000 | 24,000 | 4.1M | 192,000 |
| Restructuring And Mergern Acquisition | -- | -- | -- | 0.00 |
| Gain On Sale Of Security | 19,000 | -284,000 | -49,000 | -143,000 |
| Pretax Income | 9.9M | 7.1M | 7.8M | 4.1M |
| Tax Provision | 1.0M | 558,000 | -974,000 | 0.00 |
| Tax Effect Of Unusual Items | 2,287 | -20,471 | 1.1M | 0.00 |
| Net Income From Continuing And Discontinued Operation | 8.9M | 6.5M | 8.8M | 4.1M |
| Net Income From Continuing Operation Net Minority Interest | 8.9M | 6.5M | 8.8M | 4.1M |
| Net Income Including Noncontrolling Interests | 8.9M | 6.5M | 8.8M | 4.1M |
| Net Income Common Stockholders | 8.9M | 6.5M | 8.8M | 4.1M |
| Net Income | 8.9M | 6.5M | 8.8M | 4.1M |
| EBITDA | 14.6M | 11.6M | 11.5M | 7.8M |
| Normalized EBITDA | 14.6M | 11.8M | 7.4M | 7.8M |
| Reconciled Depreciation | 4.3M | 3.8M | 3.0M | 3.0M |
| Basic EPS | 0.33 | 0.23 | 0.31 | 0.15 |
| Diluted EPS | 0.32 | 0.23 | 0.31 | 0.14 |
| Basic Average Shares | 27.1M | 28.1M | 28.3M | 28.0M |
| Diluted Average Shares | 27.6M | 28.6M | 28.7M | 28.4M |
| Total Unusual Items | 22,000 | -260,000 | 4.1M | 49,000 |
| Total Unusual Items Excluding Goodwill | 22,000 | -260,000 | 4.1M | 49,000 |
| Tax Rate For Calcs | 0.10 | 0.08 | 0.26 | 0.00 |
| Normalized Income | 8.9M | 6.8M | 5.7M | 4.0M |
| Diluted NI Availto Com Stockholders | 8.9M | 6.5M | 8.8M | 4.1M |
| Gain On Sale Of Ppe | 3,000 | 24,000 | 4.1M | 192,000 |
| Net Income Continuous Operations | 8.9M | 6.5M | 8.8M | 4.1M |
| Net Non Operating Interest Income Expense | -49,000 | -340,000 | -771,000 | -843,000 |
| Other Gand A | 10.0M | 8.6M | 6.5M | 5.6M |
| Reconciled Cost Of Revenue | 49.9M | 46.9M | 36.7M | 23.7M |
| Rent Expense Supplemental | 126,000 | 124,000 | 120,000 | -- |
| Selling And Marketing Expense | 3.0M | 2.4M | 1.8M | 1.4M |
| Total Expenses | 67.6M | 62.0M | 47.9M | 27.5M |
| Total Other Finance Cost | -- | 64,000 | 51,000 | 55,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 17.1M | 15.7M | 21.5M | 11.1M |
| Cash Cash Equivalents And Short Term Investments | 17.1M | 15.7M | 21.5M | 11.1M |
| Accounts Receivable | 14.8M | 10.4M | 12.9M | 6.0M |
| Receivables | 16.4M | 10.4M | 13.0M | 6.0M |
| Inventory | 40.3M | 30.6M | 22.0M | 15.5M |
| Prepaid Assets | 1.5M | 1.0M | 1.1M | 873,000 |
| Current Assets | 75.3M | 57.7M | 58.5M | 34.4M |
| Gross PPE | 29.4M | 26.5M | 23.7M | 25.5M |
| Accumulated Depreciation | -19.2M | -17.1M | -16.3M | -15.4M |
| Net PPE | 10.2M | 9.3M | 7.3M | 10.1M |
| Goodwill | 3.9M | 3.6M | 3.7M | 3.5M |
| Goodwill And Other Intangible Assets | 9.3M | 8.9M | 10.9M | 10.5M |
| Other Intangible Assets | 5.3M | 5.3M | 7.2M | 7.1M |
| Total Non Current Assets | 22.6M | 19.5M | 19.3M | 20.7M |
| Total Assets | 97.8M | 77.2M | 77.8M | 55.1M |
| Current Debt | -- | -- | 2.3M | 504,000 |
| Current Debt And Capital Lease Obligation | 1.5M | 1.1M | 3.4M | 1.1M |
| Accounts Payable | 11.5M | 8.6M | 8.6M | 3.5M |
| Payables | 13.1M | 9.1M | 8.7M | 3.5M |
| Payables And Accrued Expenses | 18.6M | 12.3M | 10.4M | 4.6M |
| Current Accrued Expenses | 5.4M | 3.2M | 1.7M | 1.0M |
| Current Deferred Revenue | 5.7M | 4.3M | 4.6M | 1.8M |
| Current Liabilities | 29.1M | 20.1M | 19.4M | 8.4M |
| Long Term Debt | -- | -- | 2.3M | 3.7M |
| Long Term Debt And Capital Lease Obligation | 2.5M | 3.2M | 6.7M | 6.7M |
| Long Term Capital Lease Obligation | 2.5M | 3.2M | 4.4M | 3.1M |
| Total Non Current Liabilities Net Minority Interest | 2.5M | 3.2M | 6.7M | 6.7M |
| Total Liabilities Net Minority Interest | 31.7M | 23.3M | 26.1M | 15.1M |
| Common Stock | 17.8M | 17.4M | 60.1M | 60.0M |
| Capital Stock | 17.8M | 17.4M | 60.1M | 60.0M |
| Additional Paid In Capital | 46.4M | 46.3M | 5.8M | 5.7M |
| Retained Earnings | -11.7M | -18.4M | -24.1M | -32.8M |
| Gains Losses Not Affecting Retained Earnings | 13.7M | 8.7M | 9.9M | 7.2M |
| Other Equity Adjustments | 13.7M | 8.7M | 9.9M | 7.2M |
| Common Stock Equity | 66.2M | 54.0M | 51.7M | 40.0M |
| Stockholders Equity | 66.2M | 54.0M | 51.7M | 40.0M |
| Total Equity Gross Minority Interest | 66.2M | 54.0M | 51.7M | 40.0M |
| Total Capitalization | 66.2M | 54.0M | 54.0M | 43.7M |
| Net Tangible Assets | 56.9M | 45.1M | 40.8M | 29.5M |
| Tangible Book Value | 56.9M | 45.1M | 40.8M | 29.5M |
| Working Capital | 46.1M | 37.7M | 39.1M | 26.1M |
| Invested Capital | 66.2M | 54.0M | 56.2M | 44.2M |
| Total Debt | 4.0M | 4.3M | 10.1M | 7.8M |
| Share Issued | 27.2M | 27.0M | 28.4M | 28.2M |
| Ordinary Shares Number | 27.2M | 27.0M | 28.4M | 28.2M |
| Allowance For Doubtful Accounts Receivable | -434,000 | -305,000 | -140,000 | -265,000 |
| Buildings And Improvements | 6.4M | 6.2M | 6.4M | 8.4M |
| Capital Lease Obligations | 4.0M | 4.3M | 5.5M | 3.6M |
| Current Capital Lease Obligation | 1.5M | 1.1M | 1.1M | 569,000 |
| Current Deferred Liabilities | 5.7M | 4.3M | 4.6M | 1.8M |
| Current Provisions | 543,000 | 745,000 | 493,000 | 598,000 |
| Dividends Payable | 545,000 | 270,000 | 0.00 | -- |
| Finished Goods | 19.2M | 14.2M | 6.8M | 5.6M |
| Gross Accounts Receivable | 15.2M | 10.7M | 13.1M | 6.3M |
| Income Tax Payable | 1.1M | 288,000 | 94,000 | 0.00 |
| Land And Improvements | -- | 0.00 | 0.00 | 1.3M |
| Leases | 2.2M | 2.2M | 1.9M | 1.8M |
| Machinery Furniture Equipment | 9.1M | 8.5M | 8.0M | 7.5M |
| Non Current Accounts Receivable | 1.2M | -- | 39,000 | 39,000 |
| Non Current Deferred Assets | 1.9M | 1.2M | 1.1M | 0.00 |
| Non Current Deferred Taxes Assets | 1.9M | 1.2M | 1.1M | 0.00 |
| Other Current Borrowings | -- | -- | 2.3M | 504,000 |
| Other Properties | 11.7M | 9.6M | 7.4M | 6.5M |
| Other Receivables | 1.6M | 42,000 | 27,000 | 19,000 |
| Pensionand Other Post Retirement Benefit Plans Current | 2.9M | 1.6M | 567,000 | 308,000 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 16.8M | 13.5M | 12.1M | 8.1M |
| Restricted Cash | -- | 0.00 | 846,000 | 885,000 |
| Total Tax Payable | 1.1M | 288,000 | 94,000 | 0.00 |
| Work In Process | 4.3M | 2.9M | 3.1M | 1.8M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 6.5M | 6.7M | 2.9M | 1.5M |
| Cash Flow From Continuing Operating Activities | 6.5M | 6.7M | 2.9M | 1.5M |
| Depreciation And Amortization | 4.3M | 3.8M | 3.0M | 3.0M |
| Depreciation Amortization Depletion | 4.3M | 3.8M | 3.0M | 3.0M |
| Stock Based Compensation | 1.7M | 1.3M | 566,000 | 592,000 |
| Deferred Tax | 1.0M | 558,000 | -974,000 | 0.00 |
| Deferred Income Tax | 1.0M | 558,000 | -974,000 | 0.00 |
| Change In Working Capital | -8.3M | -4.5M | -4.3M | -1.2M |
| Changes In Account Receivables | -4.9M | 2.3M | -6.3M | -2.4M |
| Change In Receivables | -6.0M | 2.3M | -6.3M | -2.4M |
| Change In Inventory | -6.7M | -9.0M | -5.2M | 336,000 |
| Change In Payables And Accrued Expense | 4.0M | 2.0M | 4.9M | 791,000 |
| Change In Payable | 4.0M | 2.0M | 4.9M | 791,000 |
| Change In Other Working Capital | 744,000 | 95,000 | 2.5M | 319,000 |
| Change In Other Current Assets | -- | 138,000 | -213,000 | -196,000 |
| Other Non Cash Items | 49,000 | 340,000 | 697,000 | -4.0M |
| Capital Expenditure | -3.5M | -4.5M | -1.9M | -4.0M |
| Purchase Of PPE | -2.0M | -4.5M | -1.1M | -1.9M |
| Net PPE Purchase And Sale | -2.0M | -4.4M | 7.7M | -1.7M |
| Investing Cash Flow | -3.5M | -4.5M | 6.9M | -3.7M |
| Cash Flow From Continuing Investing Activities | -3.5M | -4.5M | 6.9M | -3.7M |
| Issuance Of Debt | -- | -- | 0.00 | 3.7M |
| Repayment Of Debt | -1.2M | -5.7M | -579,000 | -2.2M |
| Net Issuance Payments Of Debt | -1.2M | -5.7M | -579,000 | 1.5M |
| Issuance Of Capital Stock | 362,000 | 252,000 | 174,000 | -- |
| Repurchase Of Capital Stock | 0.00 | -2.6M | -26,000 | 0.00 |
| Net Common Stock Issuance | 362,000 | -2.3M | 148,000 | 0.00 |
| Common Stock Dividend Paid | -1.9M | -555,000 | 0.00 | -- |
| Common Stock Payments | 0.00 | -2.6M | -26,000 | 0.00 |
| Financing Cash Flow | -2.7M | -7.6M | -308,000 | 1.4M |
| Cash Flow From Continuing Financing Activities | -2.7M | -7.6M | -308,000 | 1.4M |
| Effect Of Exchange Rate Changes | 948,000 | -333,000 | 855,000 | -139,000 |
| Changes In Cash | 383,000 | -5.4M | 9.5M | -858,000 |
| Beginning Cash Position | 15.7M | 21.5M | 11.1M | 12.1M |
| End Cash Position | 17.1M | 15.7M | 21.5M | 11.1M |
| Free Cash Flow | 3.1M | 2.2M | 973,000 | -2.5M |
| Amortization Cash Flow | 1.9M | 1.8M | 1.2M | 792,000 |
| Amortization Of Intangibles | 1.9M | 1.8M | 1.2M | 792,000 |
| Cash Dividends Paid | -1.9M | -555,000 | 0.00 | -- |
| Change In Prepaid Assets | -409,000 | 99,000 | -- | -- |
| Common Stock Issuance | 362,000 | 252,000 | 174,000 | -- |
| Depreciation | 2.4M | 2.0M | 1.8M | 2.2M |
| Gain Loss On Sale Of PPE | -3,000 | -24,000 | -4.1M | -192,000 |
| Interest Paid Cfo | -354,000 | -733,000 | -699,000 | -779,000 |
| Long Term Debt Issuance | -- | -- | 0.00 | 3.7M |
| Long Term Debt Payments | -1.2M | -5.7M | -579,000 | -2.2M |
| Net Income From Continuing Operations | 8.9M | 6.5M | 8.8M | 4.1M |
| Net Intangibles Purchase And Sale | -1.5M | -93,000 | -782,000 | -2.1M |
| Net Long Term Debt Issuance | -1.2M | -5.7M | -579,000 | 1.5M |
| Net Other Financing Charges | -- | 846,000 | 110,000 | -385,000 |
| Operating Gains Losses | -3,000 | -24,000 | -4.1M | -192,000 |
| Proceeds From Stock Option Exercised | 26,000 | 78,000 | 13,000 | 281,000 |
| Purchase Of Intangibles | -1.5M | -93,000 | -782,000 | -2.1M |
| Sale Of PPE | 3,000 | 38,000 | 8.8M | 241,000 |
| Taxes Refund Paid | -772,000 | -534,000 | -13,000 | 0.00 |