Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 25.3M | 24.7M | 24.6M | 24.8M | 30.0M |
| Operating Revenue | 25.3M | 24.7M | 24.6M | 24.8M | 30.0M |
| Cost Of Revenue | 11.7M | 11.0M | 10.8M | 12.3M | 14.8M |
| Gross Profit | 13.6M | 13.8M | 13.8M | 12.4M | 15.2M |
| Selling General And Administration | 9.3M | 10.2M | 10.5M | 10.1M | 9.4M |
| General And Administrative Expense | 7.9M | 8.3M | 8.2M | 8.7M | 6.7M |
| Research And Development | 2.5M | 1.8M | 2.4M | 2.5M | 2.0M |
| Depreciation And Amortization In Income Statement | 70,000 | 72,000 | 70,000 | 77,000 | 60,000 |
| Operating Expense | 11.9M | 12.1M | 12.9M | 12.7M | 11.4M |
| Operating Income | 1.7M | 1.7M | 850,000 | -290,000 | 3.8M |
| EBIT | 1.8M | 1.1M | 2.0M | 1.2M | 2.9M |
| Interest Expense | 1.4M | 1.4M | 1.4M | 2.0M | 2.0M |
| Interest Expense Non Operating | 1.4M | 1.4M | 1.4M | 2.0M | 2.0M |
| Net Interest Income | -1.4M | -1.4M | -1.4M | -2.0M | -2.0M |
| Other Income Expense | 132,000 | -573,000 | 1.2M | 1.5M | -905,000 |
| Special Income Charges | 0.00 | -276,000 | 590,000 | 1.6M | 0.00 |
| Restructuring And Mergern Acquisition | 0.00 | 276,000 | -182,000 | -1.9M | 0.00 |
| Gain On Sale Of Security | 132,000 | -297,000 | 581,000 | -65,000 | -905,000 |
| Pretax Income | 446,000 | -327,000 | 615,000 | -759,000 | 880,000 |
| Tax Provision | 366,000 | -12,000 | 99,000 | -206,000 | 147,000 |
| Tax Effect Of Unusual Items | 19,800 | -21,028 | 188,502 | 416,885 | -151,176 |
| Net Income From Continuing And Discontinued Operation | 80,000 | -315,000 | 516,000 | -553,000 | 733,000 |
| Net Income From Continuing Operation Net Minority Interest | 80,000 | -315,000 | 516,000 | -553,000 | 733,000 |
| Net Income Including Noncontrolling Interests | 80,000 | -315,000 | 516,000 | -553,000 | 733,000 |
| Net Income Common Stockholders | 80,000 | -315,000 | 516,000 | -553,000 | 733,000 |
| Net Income | 80,000 | -315,000 | 516,000 | -553,000 | 733,000 |
| EBITDA | 4.2M | 3.5M | 4.4M | 3.7M | 4.6M |
| Normalized EBITDA | 4.1M | 4.1M | 3.3M | 2.1M | 5.5M |
| Reconciled Depreciation | 2.4M | 2.4M | 2.4M | 2.4M | 1.8M |
| Basic EPS | 0.00 | -0.01 | 0.02 | -- | 0.03 |
| Diluted EPS | 0.00 | -0.01 | 0.02 | -- | 0.03 |
| Basic Average Shares | 32.4M | 32.3M | 32.3M | -- | 24.7M |
| Diluted Average Shares | 33.4M | 32.3M | 32.3M | -- | 25.6M |
| Total Unusual Items | 132,000 | -573,000 | 1.2M | 1.5M | -905,000 |
| Total Unusual Items Excluding Goodwill | 132,000 | -573,000 | 1.2M | 1.5M | -905,000 |
| Tax Rate For Calcs | 0.15 | 0.04 | 0.16 | 0.27 | 0.17 |
| Normalized Income | -32,200 | 236,972 | -466,498 | -1.7M | 1.5M |
| Depreciation Amortization Depletion Income Statement | 70,000 | 72,000 | 70,000 | 77,000 | 60,000 |
| Depreciation Income Statement | 70,000 | 72,000 | 70,000 | 77,000 | 60,000 |
| Diluted NI Availto Com Stockholders | 80,000 | -315,000 | 516,000 | -553,000 | 733,000 |
| Gain On Sale Of Ppe | 0.00 | 0.00 | 408,000 | -- | 0.00 |
| Impairment Of Capital Assets | 0.00 | 0.00 | -- | 338,000 | 0.00 |
| Net Income Continuous Operations | 80,000 | -315,000 | 516,000 | -553,000 | 733,000 |
| Net Non Operating Interest Income Expense | -1.4M | -1.4M | -1.4M | -2.0M | -2.0M |
| Other Gand A | 1.5M | 2.1M | 1.6M | 2.2M | 1.3M |
| Reconciled Cost Of Revenue | 9.4M | 8.6M | 8.5M | 10.0M | 13.1M |
| Salaries And Wages | 6.4M | 6.3M | 6.6M | 6.5M | 5.5M |
| Selling And Marketing Expense | 1.4M | 1.9M | 2.3M | 1.5M | 2.6M |
| Total Expenses | 23.6M | 23.1M | 23.8M | 25.0M | 26.2M |
| Total Operating Income As Reported | 1.7M | 1.4M | 850,000 | -1.2M | 3.8M |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 15.0M | 9.4M | 9.3M | 24.0M | 8.4M |
| Cash Cash Equivalents And Short Term Investments | 15.0M | 9.4M | 9.3M | 24.0M | 8.4M |
| Accounts Receivable | 11.8M | 12.0M | 12.2M | 13.2M | 14.1M |
| Receivables | 11.8M | 12.1M | 12.4M | 13.3M | 14.1M |
| Inventory | 31.3M | 34.2M | 35.4M | 35.3M | 34.0M |
| Prepaid Assets | -- | -- | -- | 7.6M | 9.8M |
| Other Current Assets | 11.9M | 6.7M | 7.1M | 376,000 | 369,000 |
| Current Assets | 70.0M | 62.4M | 64.2M | 80.6M | 66.7M |
| Gross PPE | -- | -- | -- | 2.0M | 2.0M |
| Accumulated Depreciation | -- | -- | -- | -1.4M | -1.3M |
| Net PPE | 457,000 | 507,000 | 573,000 | 689,000 | 712,000 |
| Goodwill | 10.2M | 10.1M | 10.2M | 10.0M | 10.0M |
| Goodwill And Other Intangible Assets | 75.0M | 77.2M | 79.8M | 81.6M | 69.3M |
| Other Intangible Assets | 64.8M | 67.1M | 69.5M | 71.6M | 59.3M |
| Total Non Current Assets | 85.0M | 87.0M | 89.6M | 91.3M | 79.3M |
| Total Assets | 155.0M | 149.4M | 153.8M | 171.8M | 146.0M |
| Current Debt | 7.2M | 20.9M | 21.7M | 37.0M | 17.7M |
| Current Debt And Capital Lease Obligation | 7.2M | 20.9M | 21.7M | 37.0M | 17.7M |
| Accounts Payable | 43.4M | 37.7M | 39.7M | 5.7M | 39.8M |
| Payables | 55.2M | 54.0M | 57.2M | 30.5M | 46.0M |
| Payables And Accrued Expenses | 55.2M | 54.0M | 57.2M | 60.2M | 46.0M |
| Current Accrued Expenses | -- | -- | -- | 29.7M | -- |
| Other Current Liabilities | -- | -- | -- | 125,000 | 2.6M |
| Current Liabilities | 62.4M | 74.9M | 78.9M | 97.3M | 66.3M |
| Long Term Debt | 18.2M | 118,000 | 159,000 | 198,000 | 22.2M |
| Long Term Debt And Capital Lease Obligation | 18.2M | 118,000 | 159,000 | 198,000 | 22.2M |
| Total Non Current Liabilities Net Minority Interest | 40.4M | 22.1M | 21.9M | 22.4M | 46.5M |
| Total Liabilities Net Minority Interest | 102.8M | 97.0M | 100.8M | 119.7M | 112.9M |
| Common Stock | 96.2M | 96.4M | 96.1M | 96.1M | 76.8M |
| Capital Stock | 96.2M | 96.4M | 96.1M | 96.1M | 76.8M |
| Additional Paid In Capital | 11.6M | 11.7M | 12.2M | 12.0M | 11.9M |
| Retained Earnings | -61.7M | -61.8M | -61.5M | -62.0M | -61.4M |
| Gains Losses Not Affecting Retained Earnings | 6.2M | 6.1M | 6.2M | 6.0M | 5.9M |
| Common Stock Equity | 52.2M | 52.4M | 53.0M | 52.1M | 33.1M |
| Stockholders Equity | 52.2M | 52.4M | 53.0M | 52.1M | 33.1M |
| Total Equity Gross Minority Interest | 52.2M | 52.4M | 53.0M | 52.1M | 33.1M |
| Total Capitalization | 70.4M | 52.5M | 53.1M | 52.3M | 55.3M |
| Net Tangible Assets | -22.8M | -24.8M | -26.8M | -29.5M | -36.2M |
| Tangible Book Value | -22.8M | -24.8M | -26.8M | -29.5M | -36.2M |
| Working Capital | 7.6M | -12.5M | -14.7M | -16.7M | 368,000 |
| Invested Capital | 77.6M | 73.5M | 74.9M | 89.3M | 73.0M |
| Total Debt | 25.4M | 21.1M | 21.9M | 37.2M | 39.9M |
| Net Debt | 10.4M | 11.7M | 12.6M | 13.2M | 31.5M |
| Share Issued | 32.4M | 32.4M | 32.3M | 32.3M | 24.7M |
| Ordinary Shares Number | 32.4M | 32.4M | 32.3M | 32.3M | 24.7M |
| Allowance For Doubtful Accounts Receivable | -639,000 | -664,000 | -801,000 | -801,000 | -- |
| Buildings And Improvements | -- | -- | -- | 781,000 | 775,000 |
| Finished Goods | -- | -- | -- | 14.8M | -- |
| Foreign Currency Translation Adjustments | 6.2M | 6.1M | 6.2M | 6.0M | 5.9M |
| Gross Accounts Receivable | 12.4M | 12.7M | 13.0M | 14.0M | -- |
| Income Tax Payable | 2.3M | 1.8M | 1.7M | 1.4M | 1.7M |
| Machinery Furniture Equipment | -- | -- | -- | 1.3M | 1.2M |
| Non Current Deferred Assets | 9.6M | 9.3M | 9.2M | 9.0M | 9.3M |
| Non Current Deferred Taxes Assets | 9.6M | 9.3M | 9.2M | 9.0M | 9.3M |
| Other Current Borrowings | 7.2M | 20.9M | 21.7M | 37.0M | -- |
| Other Payable | 9.5M | 14.6M | 15.7M | 23.4M | 4.5M |
| Other Properties | -- | -- | -- | -- | 775,000 |
| Properties | -- | -- | -- | 0.00 | 0.00 |
| Raw Materials | -- | -- | -- | 1.5M | -- |
| Taxes Receivable | 66,000 | 54,000 | 148,000 | 136,000 | -- |
| Total Tax Payable | 2.3M | 1.8M | 1.7M | 1.4M | 1.7M |
| Tradeand Other Payables Non Current | 22.2M | 22.0M | 21.8M | 22.2M | 24.4M |
| Work In Process | -- | -- | -- | 19.0M | -- |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | 7.8M | 3.3M | 3.9M | 2.3M | 6.7M |
| Cash Flow From Continuing Operating Activities | 7.8M | 3.3M | 3.9M | 2.3M | 6.7M |
| Depreciation And Amortization | 2.4M | 2.4M | 2.4M | 2.4M | 1.8M |
| Depreciation Amortization Depletion | 2.4M | 2.4M | 2.4M | 2.4M | 1.8M |
| Stock Based Compensation | -6,000 | -122,000 | 167,000 | 116,000 | 7,000 |
| Deferred Tax | 366,000 | -12,000 | 99,000 | -206,000 | 147,000 |
| Deferred Income Tax | 366,000 | -12,000 | 99,000 | -206,000 | 147,000 |
| Change In Working Capital | 3.8M | -290,000 | 580,000 | 619,000 | 1.3M |
| Changes In Account Receivables | 289,000 | 244,000 | 1.1M | 799,000 | -1.2M |
| Change In Receivables | 289,000 | 244,000 | 1.1M | 799,000 | -1.2M |
| Change In Inventory | 1.0M | 2.7M | -476,000 | -344,000 | 4.0M |
| Change In Payables And Accrued Expense | 7.6M | -3.6M | -913,000 | 535,000 | 2.7M |
| Change In Other Current Assets | -- | -- | -18,000 | -8,000 | 19,000 |
| Other Non Cash Items | 1.4M | 1.4M | 1.2M | -475,000 | 2.0M |
| Capital Expenditure | -19,000 | -7,000 | -125,000 | -53,000 | -104,000 |
| Purchase Of PPE | -19,000 | -7,000 | -125,000 | -53,000 | -61,000 |
| Net PPE Purchase And Sale | -19,000 | -7,000 | -125,000 | -53,000 | -61,000 |
| Purchase Of Business | -407,000 | -1.6M | -369,000 | -2.0M | -375,000 |
| Investing Cash Flow | -5.4M | -1.7M | -2.3M | -2.1M | -479,000 |
| Cash Flow From Continuing Investing Activities | -5.4M | -1.7M | -2.3M | -2.1M | -479,000 |
| Issuance Of Debt | 25.6M | -- | -- | 0.00 | 0.00 |
| Repayment Of Debt | -21.5M | -1.2M | -15.6M | -3.4M | -3.4M |
| Net Issuance Payments Of Debt | 4.0M | -1.2M | -15.6M | -3.4M | -3.4M |
| Issuance Of Capital Stock | -- | -- | -- | 19.2M | 0.00 |
| Repurchase Of Capital Stock | -375,000 | -- | -- | -- | 0.00 |
| Net Common Stock Issuance | -375,000 | -- | -- | 19.2M | 0.00 |
| Common Stock Payments | -375,000 | -- | -- | -- | 0.00 |
| Financing Cash Flow | 3.1M | -1.6M | -16.3M | 15.2M | -4.5M |
| Cash Flow From Continuing Financing Activities | 3.1M | -1.6M | -16.3M | 15.2M | -4.5M |
| Effect Of Exchange Rate Changes | 47,000 | -34,000 | 72,000 | 153,000 | -302,000 |
| Changes In Cash | 5.5M | 83,000 | -14.7M | 15.4M | 1.8M |
| Beginning Cash Position | 9.4M | 9.3M | 24.0M | 8.4M | 7.0M |
| End Cash Position | 15.0M | 9.4M | 9.3M | 24.0M | 8.4M |
| Free Cash Flow | 7.8M | 3.3M | 3.8M | 2.2M | 6.6M |
| Amortization Cash Flow | 2.4M | 2.4M | 2.4M | 2.4M | 1.7M |
| Amortization Of Intangibles | 2.4M | 2.4M | 2.4M | 2.4M | 1.7M |
| Asset Impairment Charge | 0.00 | 0.00 | -- | 338,000 | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | -5.1M | 380,000 | 910,000 | 2.1M | -4.1M |
| Common Stock Issuance | -- | -- | -- | 19.2M | 0.00 |
| Depreciation | 70,000 | 72,000 | 70,000 | 77,000 | 60,000 |
| Gain Loss On Investment Securities | -- | -- | -182,000 | -- | -- |
| Interest Paid Cff | -516,000 | -442,000 | -739,000 | -779,000 | -1.1M |
| Long Term Debt Issuance | 25.6M | -- | -- | 0.00 | 0.00 |
| Long Term Debt Payments | -21.5M | -1.2M | -15.6M | -3.4M | -3.4M |
| Net Business Purchase And Sale | -407,000 | -1.6M | -369,000 | -2.0M | -375,000 |
| Net Foreign Currency Exchange Gain Loss | -194,000 | 248,000 | -675,000 | -10,000 | 924,000 |
| Net Income From Continuing Operations | 80,000 | -315,000 | 516,000 | -553,000 | 733,000 |
| Net Intangibles Purchase And Sale | 0.00 | -- | -- | 0.00 | -43,000 |
| Net Long Term Debt Issuance | 4.0M | -1.2M | -15.6M | -3.4M | -3.4M |
| Net Other Investing Changes | -5.0M | -- | -1.8M | -- | -- |
| Net Short Term Debt Issuance | -- | -- | -- | 0.00 | 0.00 |
| Operating Gains Losses | -194,000 | 248,000 | -1.1M | -10,000 | 924,000 |
| Purchase Of Intangibles | 0.00 | -- | -- | 0.00 | -43,000 |
| Short Term Debt Payments | -- | -- | -- | 0.00 | 0.00 |
| Taxes Refund Paid | -47,000 | -7,000 | -10,000 | 11,000 | -147,000 |