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 | 158,887 | 187,862 | 188,646 | 186,293 |
| Gross Profit | -158,887 | -187,862 | -188,646 | -186,293 |
| Selling General And Administration | 2.2M | 3.8M | 5.7M | 4.7M |
| General And Administrative Expense | 1.9M | 3.2M | 5.1M | 3.9M |
| Research And Development | -- | -- | 830,196 | 741,545 |
| Other Operating Expenses | 3.1M | 3.8M | 7.6M | 1.4M |
| Operating Expense | 5.2M | 7.6M | 13.4M | 6.1M |
| Operating Income | -5.4M | -7.8M | -13.6M | -6.3M |
| EBIT | -4.4M | -6.9M | -10.2M | -5.8M |
| Interest Expense | 37,026 | 175,072 | 112,083 | 100,692 |
| Interest Expense Non Operating | 37,026 | 175,072 | 112,083 | 100,692 |
| Interest Income | 199,143 | 329,695 | 764,301 | 501,935 |
| Interest Income Non Operating | 199,143 | 329,695 | 764,301 | 501,935 |
| Net Interest Income | 194,989 | 251,104 | 652,218 | 401,243 |
| Other Income Expense | 750,000 | 500,000 | 2.6M | -- |
| Other Non Operating Income Expenses | -- | -- | 2.6M | -- |
| Earnings From Equity Interest | 750,000 | 500,000 | -- | -- |
| Pretax Income | -4.4M | -7.0M | -10.3M | -5.9M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -4.4M | -7.0M | -10.3M | -5.9M |
| Net Income From Continuing Operation Net Minority Interest | -4.4M | -7.0M | -10.3M | -5.9M |
| Net Income Including Noncontrolling Interests | -4.4M | -7.0M | -10.3M | -5.9M |
| Net Income Common Stockholders | -4.4M | -7.0M | -10.3M | -5.9M |
| Net Income | -4.4M | -7.0M | -10.3M | -5.9M |
| EBITDA | -4.2M | -6.6M | -10.0M | -5.5M |
| Normalized EBITDA | -4.2M | -6.6M | -10.0M | -5.5M |
| Reconciled Depreciation | 187,072 | 219,110 | 212,919 | 304,266 |
| Basic EPS | -0.10 | -0.20 | -0.30 | -0.20 |
| Diluted EPS | -0.10 | -0.20 | -0.30 | -0.20 |
| Basic Average Shares | 36.9M | 33.9M | 33.6M | 32.2M |
| Diluted Average Shares | 36.9M | 33.9M | 33.6M | 32.2M |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -4.4M | -7.0M | -10.3M | -5.9M |
| Diluted NI Availto Com Stockholders | -4.4M | -7.0M | -10.3M | -5.9M |
| Net Income Continuous Operations | -4.4M | -7.0M | -10.3M | -5.9M |
| Net Non Operating Interest Income Expense | 194,989 | 251,104 | 652,218 | 401,243 |
| Other Gand A | 746,944 | 1.4M | 1.2M | 1.7M |
| Other Taxes | -142,007 | 0.00 | -- | -- |
| Reconciled Cost Of Revenue | 158,887 | 187,862 | 188,646 | 186,293 |
| Salaries And Wages | 1.2M | 1.8M | 3.8M | 2.2M |
| Selling And Marketing Expense | 295,442 | 631,337 | 660,873 | 808,016 |
| Total Expenses | 5.4M | 7.8M | 13.6M | 6.3M |
| Total Other Finance Cost | -32,872 | -96,481 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 7.9M | 3.3M | 9.8M | 21.9M |
| Cash Cash Equivalents And Short Term Investments | 7.9M | 3.4M | 9.8M | 21.9M |
| Cash Equivalents | 7.3M | 2.6M | 8.4M | 1.8M |
| Cash Financial | 560,173 | 721,617 | 1.4M | 20.1M |
| Other Short Term Investments | 0.00 | 81,300 | 0.00 | -- |
| Accounts Receivable | 117,617 | 516,540 | -- | -- |
| Receivables | 536,962 | 653,761 | 512,272 | 33,514 |
| Prepaid Assets | 304,605 | 141,189 | 410,427 | 160,765 |
| Other Current Assets | -- | 739,429 | 410,427 | -- |
| Current Assets | 8.8M | 4.3M | 10.7M | 22.1M |
| Gross PPE | 1.1M | 1.5M | 1.6M | 1.1M |
| Accumulated Depreciation | -805,850 | -1.3M | -1.1M | -840,613 |
| Net PPE | 299,326 | 272,253 | 515,467 | 242,895 |
| Total Non Current Assets | 299,326 | 272,253 | 515,467 | 242,895 |
| Total Assets | 9.1M | 4.6M | 11.2M | 22.3M |
| Current Debt | -- | 40,000 | 40,000 | 40,000 |
| Current Debt And Capital Lease Obligation | 113,638 | 251,253 | 200,668 | 234,985 |
| Accounts Payable | 284,934 | 593,501 | 716,885 | 970,325 |
| Payables | 323,887 | 854,288 | 957,332 | 1.2M |
| Payables And Accrued Expenses | 323,887 | 854,288 | 957,332 | 1.2M |
| Other Current Liabilities | 2.9M | -- | -- | 2.6M |
| Current Liabilities | 3.7M | 1.4M | 1.5M | 4.3M |
| Long Term Debt And Capital Lease Obligation | 175,203 | 65,169 | 276,422 | -- |
| Long Term Capital Lease Obligation | 175,203 | 65,169 | 276,422 | 0.00 |
| Total Non Current Liabilities Net Minority Interest | 225,587 | 118,457 | 391,317 | 130,180 |
| Total Liabilities Net Minority Interest | 3.9M | 1.5M | 1.9M | 4.4M |
| Common Stock | 78.4M | 72.1M | 71.7M | 71.2M |
| Capital Stock | 78.4M | 72.1M | 71.7M | 71.2M |
| Retained Earnings | -89.4M | -85.0M | -77.9M | -67.6M |
| Gains Losses Not Affecting Retained Earnings | 16.2M | 15.9M | 15.5M | 14.4M |
| Common Stock Equity | 5.2M | 3.0M | 9.3M | 17.9M |
| Stockholders Equity | 5.2M | 3.0M | 9.3M | 17.9M |
| Total Equity Gross Minority Interest | 5.2M | 3.0M | 9.3M | 17.9M |
| Total Capitalization | 5.2M | 3.0M | 9.3M | 17.9M |
| Net Tangible Assets | 5.2M | 3.0M | 9.3M | 17.9M |
| Tangible Book Value | 5.2M | 3.0M | 9.3M | 17.9M |
| Working Capital | 5.1M | 2.9M | 9.2M | 17.8M |
| Invested Capital | 5.2M | 3.1M | 9.3M | 17.9M |
| Total Debt | 288,841 | 316,422 | 477,090 | 234,985 |
| Share Issued | 45.5M | 34.0M | 33.8M | 33.5M |
| Ordinary Shares Number | 45.5M | 34.0M | 33.8M | 33.5M |
| Capital Lease Obligations | 288,841 | 276,422 | 437,090 | 194,985 |
| Current Capital Lease Obligation | 113,638 | 211,253 | 160,668 | 194,985 |
| Employee Benefits | 0.00 | 2,904 | 64,511 | 79,796 |
| Leases | 115,137 | 115,137 | 115,137 | 115,137 |
| Long Term Provisions | 50,384 | 50,384 | 50,384 | 50,384 |
| Machinery Furniture Equipment | 173,892 | 164,637 | 164,637 | 164,637 |
| Other Current Borrowings | -- | 40,000 | 40,000 | 40,000 |
| Other Payable | -- | 142,007 | 133,738 | 190,870 |
| Other Properties | 816,147 | 1.3M | 1.3M | 803,734 |
| Pensionand Other Post Retirement Benefit Plans Current | 290,415 | 305,962 | 343,463 | 252,089 |
| Restricted Cash | 81,700 | 81,700 | -- | -- |
| Taxes Receivable | 419,345 | 137,221 | 512,272 | 33,514 |
| Total Tax Payable | 38,953 | 260,787 | 106,709 | 22,980 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -4.2M | -6.2M | -12.0M | -4.2M |
| Cash Flow From Continuing Operating Activities | -4.2M | -6.2M | -12.0M | -4.2M |
| Depreciation And Amortization | 187,072 | 219,110 | 212,919 | 304,266 |
| Depreciation Amortization Depletion | 187,072 | 219,110 | 212,919 | 304,266 |
| Stock Based Compensation | 507,859 | 620,263 | 1.4M | 815,946 |
| Change In Working Capital | -605,468 | -156,103 | -879,174 | 433,778 |
| Change In Receivables | -282,124 | 375,051 | -478,758 | 210,128 |
| Change In Payables And Accrued Expense | -530,400 | -103,044 | -226,843 | -672,814 |
| Change In Payable | -530,400 | -103,044 | -226,843 | -672,814 |
| Change In Other Working Capital | -28,451 | -99,108 | 76,089 | 331,885 |
| Change In Other Current Assets | 235,507 | -329,002 | -- | -- |
| Other Non Cash Items | 107,942 | 183,372 | -2.5M | 125,772 |
| Capital Expenditure | -23,474 | -6,850 | -46,494 | -72,451 |
| Purchase Of PPE | -23,474 | -6,850 | -46,494 | -72,451 |
| Net PPE Purchase And Sale | -23,474 | 8,650 | -46,494 | -27,451 |
| Purchase Of Investment | 0.00 | -516,875 | 0.00 | -- |
| Sale Of Investment | 85,383 | 450,420 | 0.00 | -- |
| Net Investment Purchase And Sale | 85,383 | -66,455 | 0.00 | -- |
| Investing Cash Flow | 61,909 | -57,805 | -46,494 | -27,451 |
| Cash Flow From Continuing Investing Activities | 61,909 | -57,805 | -46,494 | -27,451 |
| Issuance Of Debt | -- | -- | -- | 0.00 |
| Repayment Of Debt | -245,277 | -233,885 | -223,048 | -348,525 |
| Net Issuance Payments Of Debt | -245,277 | -233,885 | -223,048 | -348,525 |
| Issuance Of Capital Stock | 9.0M | 0.00 | 0.00 | 6.4M |
| Net Common Stock Issuance | 9.0M | 0.00 | 0.00 | 6.4M |
| Financing Cash Flow | 8.7M | -221,871 | -58,048 | 6.2M |
| Cash Flow From Continuing Financing Activities | 8.7M | -221,871 | -58,048 | 6.2M |
| Changes In Cash | 4.5M | -6.4M | -12.1M | 1.9M |
| Beginning Cash Position | 3.3M | 9.8M | 21.9M | 20.0M |
| End Cash Position | 7.9M | 3.3M | 9.8M | 21.9M |
| Free Cash Flow | -4.3M | -6.2M | -12.1M | -4.3M |
| Change In Account Payable | -308,566 | -123,384 | -253,440 | -439,975 |
| Change In Income Tax Payable | -221,834 | 20,340 | 26,597 | -232,839 |
| Change In Prepaid Assets | -- | -329,002 | -249,662 | 564,579 |
| Change In Tax Payable | -221,834 | 20,340 | 26,597 | -232,839 |
| Common Stock Issuance | 9.0M | 0.00 | 0.00 | 6.4M |
| Depreciation | 187,072 | 219,110 | 212,919 | 304,266 |
| Gain Loss On Sale Of PPE | 0.00 | 15,454 | 0.00 | 6,811 |
| Long Term Debt Issuance | -- | -- | -- | 0.00 |
| Long Term Debt Payments | -215,277 | -233,885 | -223,048 | -348,525 |
| Net Income From Continuing Operations | -4.4M | -7.0M | -10.3M | -5.9M |
| Net Long Term Debt Issuance | -215,277 | -233,885 | -223,048 | -348,525 |
| Net Short Term Debt Issuance | -30,000 | 0.00 | -- | -- |
| Operating Gains Losses | -- | 15,454 | -- | 6,811 |
| Proceeds From Stock Option Exercised | 0.00 | 12,014 | 165,000 | 131,000 |
| Sale Of PPE | 0.00 | 15,500 | 0.00 | 45,000 |
| Short Term Debt Payments | -30,000 | 0.00 | -- | -- |