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 | 398,018 | 4.7M | 6,479 | 12,869 |
| Operating Revenue | 398,018 | 4.7M | 6,479 | 12,869 |
| Cost Of Revenue | 97,263 | 0.00 | -- | -- |
| Gross Profit | 300,755 | 4.7M | -- | -- |
| Selling General And Administration | 3.8M | 3.7M | 4.5M | 2.1M |
| General And Administrative Expense | 3.3M | 3.1M | 3.8M | 1.5M |
| Research And Development | 773,858 | 857,065 | 475,858 | 458,382 |
| Other Operating Expenses | 821,842 | 978,743 | 731,002 | 486,907 |
| Operating Expense | 5.4M | 5.5M | 5.7M | 3.0M |
| Operating Income | -5.1M | -804,988 | -5.7M | -3.0M |
| EBIT | -5.1M | -804,988 | -5.6M | -3.0M |
| Interest Expense | -- | 0.00 | 10,066 | 52,765 |
| Interest Expense Non Operating | -- | 0.00 | 10,066 | 52,765 |
| Interest Income | 202,404 | 211,598 | 103,547 | 3,322 |
| Interest Income Non Operating | 202,404 | 211,598 | 103,547 | 3,322 |
| Net Interest Income | 202,404 | 211,598 | 93,481 | -49,443 |
| Other Income Expense | 23,046 | -83,550 | 25,801 | -1,932 |
| Special Income Charges | -- | -- | -- | 0.00 |
| Gain On Sale Of Security | 23,046 | -83,550 | 25,801 | -1,932 |
| Pretax Income | -4.9M | -676,940 | -5.6M | -3.1M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -4.9M | -676,940 | -5.6M | -3.1M |
| Net Income From Continuing Operation Net Minority Interest | -4.9M | -676,940 | -5.6M | -3.1M |
| Net Income Including Noncontrolling Interests | -4.9M | -676,940 | -5.6M | -3.1M |
| Net Income Common Stockholders | -4.9M | -676,940 | -5.6M | -3.1M |
| Net Income | -4.9M | -676,940 | -5.6M | -3.1M |
| EBITDA | -5.1M | -804,988 | -5.6M | -3.0M |
| Normalized EBITDA | -5.1M | -721,438 | -5.6M | -3.0M |
| Basic EPS | -0.09 | -0.01 | -0.11 | -0.07 |
| Diluted EPS | -0.09 | -0.01 | -0.11 | -0.07 |
| Basic Average Shares | 51.6M | 49.9M | 49.0M | 43.7M |
| Diluted Average Shares | 51.6M | 49.9M | 49.0M | 43.7M |
| Total Unusual Items | 23,046 | -83,550 | 25,801 | -1,932 |
| Total Unusual Items Excluding Goodwill | 23,046 | -83,550 | 25,801 | -1,932 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -4.9M | -593,390 | -5.6M | -3.1M |
| Diluted NI Availto Com Stockholders | -4.9M | -676,940 | -5.6M | -3.1M |
| Net Income Continuous Operations | -4.9M | -676,940 | -5.6M | -3.1M |
| Net Non Operating Interest Income Expense | 202,404 | 211,598 | 93,481 | -49,443 |
| Other Gand A | 1.9M | 1.8M | 2.1M | 1.2M |
| Reconciled Cost Of Revenue | 97,263 | 0.00 | -- | -- |
| Salaries And Wages | 1.5M | 1.4M | 1.7M | 270,810 |
| Selling And Marketing Expense | 470,252 | 558,602 | 696,820 | 567,929 |
| Total Expenses | 5.5M | 5.5M | 5.7M | 3.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 3.0M | 6.8M | 7.0M | 9.6M |
| Cash Cash Equivalents And Short Term Investments | 3.0M | 6.8M | 7.0M | 9.6M |
| Receivables | 102,776 | 94,810 | 87,788 | 64,296 |
| Inventory | 1.4M | 0.00 | -- | -- |
| Prepaid Assets | 129,885 | 25,884 | 30,411 | 17,683 |
| Current Assets | 4.7M | 6.9M | 7.1M | 9.7M |
| Gross PPE | 180,264 | 0.00 | -- | -- |
| Net PPE | 180,264 | 0.00 | -- | -- |
| Goodwill And Other Intangible Assets | 575,575 | 0.00 | -- | -- |
| Total Non Current Assets | 755,839 | 0.00 | 0.00 | 0.00 |
| Total Assets | 5.4M | 6.9M | 7.1M | 9.7M |
| Current Debt | 393,459 | 618,406 | 404,276 | 366,997 |
| Current Debt And Capital Lease Obligation | 393,459 | 618,406 | 404,276 | 366,997 |
| Payables And Accrued Expenses | 2.5M | 321,753 | 222,302 | 496,085 |
| Current Deferred Revenue | 0.00 | 272,500 | 913,700 | 0.00 |
| Current Liabilities | 2.9M | 1.2M | 1.5M | 863,082 |
| Long Term Debt | 124,532 | 140,928 | 355,058 | 382,271 |
| Long Term Debt And Capital Lease Obligation | 124,532 | 140,928 | 355,058 | 382,271 |
| Total Non Current Liabilities Net Minority Interest | 350,107 | 140,928 | 355,058 | 382,271 |
| Total Liabilities Net Minority Interest | 3.2M | 1.4M | 1.9M | 1.2M |
| Common Stock | 25.3M | 25.1M | 24.0M | 23.0M |
| Capital Stock | 25.3M | 25.1M | 24.0M | 23.0M |
| Additional Paid In Capital | 5.0M | 3.8M | 3.8M | 2.5M |
| Retained Earnings | -28.2M | -23.3M | -22.6M | -17.0M |
| Common Stock Equity | 2.2M | 5.6M | 5.2M | 8.5M |
| Stockholders Equity | 2.2M | 5.6M | 5.2M | 8.5M |
| Total Equity Gross Minority Interest | 2.2M | 5.6M | 5.2M | 8.5M |
| Total Capitalization | 2.3M | 5.7M | 5.6M | 8.8M |
| Net Tangible Assets | 1.6M | 5.6M | 5.2M | 8.5M |
| Tangible Book Value | 1.6M | 5.6M | 5.2M | 8.5M |
| Working Capital | 1.8M | 5.7M | 5.6M | 8.8M |
| Invested Capital | 2.7M | 6.3M | 6.0M | 9.2M |
| Total Debt | 517,991 | 759,334 | 759,334 | 749,268 |
| Share Issued | 51.6M | 51.5M | 49.7M | 47.8M |
| Ordinary Shares Number | 51.6M | 51.5M | 49.7M | 47.8M |
| Current Deferred Liabilities | 0.00 | 272,500 | 913,700 | 0.00 |
| Current Notes Payable | -- | -- | -- | 0.00 |
| Finished Goods | 1.2M | 0.00 | -- | -- |
| Other Current Borrowings | 393,459 | 618,406 | 404,276 | 366,997 |
| Other Properties | 180,264 | -- | -- | -- |
| Raw Materials | 233,337 | 0.00 | -- | -- |
| Taxes Receivable | 102,776 | 94,810 | 87,788 | 64,296 |
| Tradeand Other Payables Non Current | 225,575 | 0.00 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -3.6M | -294,764 | -3.3M | -2.4M |
| Cash Flow From Continuing Operating Activities | -3.6M | -294,764 | -3.3M | -2.4M |
| Stock Based Compensation | 1.5M | 926,420 | 1.7M | 270,810 |
| Change In Working Capital | 108,911 | 96,956 | 603,697 | 328,521 |
| Change In Receivables | -7,966 | -7,022 | -23,492 | -31,025 |
| Change In Inventory | -298,180 | 0.00 | -- | -- |
| Change In Payables And Accrued Expense | 519,058 | 99,451 | -273,783 | 351,247 |
| Change In Other Working Capital | -- | -641,200 | 913,700 | -- |
| Other Non Cash Items | -272,500 | -641,200 | 10,066 | 52,765 |
| Repayment Of Debt | -241,343 | 0.00 | -- | -- |
| Net Issuance Payments Of Debt | -241,343 | 0.00 | -- | -- |
| Issuance Of Capital Stock | -- | -- | 0.00 | 6.6M |
| Net Common Stock Issuance | -- | -- | 0.00 | 6.6M |
| Financing Cash Flow | -241,343 | 95,750 | 653,750 | 8.7M |
| Cash Flow From Continuing Financing Activities | -241,343 | 95,750 | 653,750 | 8.7M |
| Changes In Cash | -3.8M | -199,014 | -2.6M | 6.3M |
| Beginning Cash Position | 6.8M | 7.0M | 9.6M | 3.3M |
| End Cash Position | 3.0M | 6.8M | 7.0M | 9.6M |
| Free Cash Flow | -3.6M | -294,764 | -3.3M | -2.4M |
| Change In Prepaid Assets | -104,001 | 4,527 | -12,728 | 8,299 |
| Common Stock Issuance | -- | -- | 0.00 | 6.6M |
| Long Term Debt Payments | -241,343 | 0.00 | -- | -- |
| Net Income From Continuing Operations | -4.9M | -676,940 | -5.6M | -3.1M |
| Net Long Term Debt Issuance | -241,343 | 0.00 | -- | -- |
| Proceeds From Stock Option Exercised | 0.00 | 95,750 | 653,750 | 2.1M |