Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Selling General And Administration | 1.9M | 1.7M | 1.8M | 1.2M | 1.2M | -- |
| General And Administrative Expense | 1.9M | 1.7M | 1.8M | 1.2M | 1.2M | -- |
| Research And Development | 4.0M | 4.4M | 4.5M | 3.2M | 2.4M | -- |
| Depreciation And Amortization In Income Statement | 2,000 | 1,000 | 1,000 | 8,014 | 2,000 | -- |
| Other Operating Expenses | 106,000 | 187,000 | 144,000 | 143,975 | 81,000 | -- |
| Operating Expense | 6.0M | 6.4M | 6.5M | 4.6M | 3.7M | -- |
| Operating Income | -6.0M | -6.4M | -6.5M | -4.6M | -3.7M | -- |
| EBIT | -6.0M | -6.4M | -6.5M | -3.3M | -3.7M | -- |
| Interest Expense | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Interest Expense Non Operating | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Interest Income | 349,000 | 362,000 | 393,000 | 130,749 | 230,000 | -- |
| Interest Income Non Operating | 349,000 | 362,000 | 393,000 | 130,749 | 230,000 | -- |
| Net Interest Income | 349,000 | 362,000 | 393,000 | 130,749 | 230,000 | -- |
| Other Income Expense | -185,000 | 429,000 | 8,000 | 1.1M | -3.2M | -- |
| Special Income Charges | 0.00 | -- | -- | 171,815 | -2.9M | -- |
| Gain On Sale Of Security | -185,000 | 429,000 | 8,000 | 973,492 | -249,000 | -- |
| Pretax Income | -5.8M | -5.6M | -6.1M | -3.3M | -6.6M | -- |
| Tax Provision | 19,000 | 32,000 | 63,000 | -- | 0.00 | 0.00 |
| Tax Effect Of Unusual Items | -27,750 | 64,350 | 1,200 | 0.00 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | -5.8M | -5.6M | -6.1M | -3.3M | -6.6M | -- |
| Net Income From Continuing Operation Net Minority Interest | -5.8M | -5.6M | -6.1M | -3.3M | -6.6M | -- |
| Net Income Including Noncontrolling Interests | -5.8M | -5.6M | -6.1M | -3.3M | -6.6M | -- |
| Net Income Common Stockholders | -5.8M | -5.6M | -6.1M | -3.3M | -6.6M | -- |
| Net Income | -5.8M | -5.6M | -6.1M | -3.3M | -6.6M | -- |
| EBITDA | -6.0M | -6.4M | -6.5M | -3.3M | -3.7M | -- |
| Normalized EBITDA | -5.8M | -6.8M | -6.5M | -4.4M | -544,000 | -- |
| Reconciled Depreciation | 3,000 | 0.00 | 1,000 | 8,014 | 2,000 | -- |
| Basic EPS | -0.36 | -0.36 | -0.48 | -- | -0.72 | -0.48 |
| Diluted EPS | -0.36 | -0.36 | -0.48 | -- | -0.72 | -0.48 |
| Basic Average Shares | 13.9M | 14.3M | 13.8M | -- | 9.4M | 9.4M |
| Diluted Average Shares | 13.9M | 14.3M | 13.8M | -- | 9.4M | 9.4M |
| Total Unusual Items | -185,000 | 429,000 | 8,000 | 1.1M | -3.2M | -- |
| Total Unusual Items Excluding Goodwill | -185,000 | 429,000 | 8,000 | 1.1M | -3.2M | -- |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.15 | 0.00 | 0.00 | -- |
| Normalized Income | -5.7M | -6.0M | -6.1M | -4.4M | -3.5M | -- |
| Depreciation Amortization Depletion Income Statement | 2,000 | 1,000 | 1,000 | 8,014 | 2,000 | -- |
| Depreciation Income Statement | 2,000 | 1,000 | 1,000 | 8,014 | 2,000 | -- |
| Diluted NI Availto Com Stockholders | -5.8M | -5.6M | -6.1M | -3.3M | -6.6M | -- |
| Impairment Of Capital Assets | 0.00 | -- | -- | -171,815 | 2.9M | -- |
| Net Income Continuous Operations | -5.8M | -5.6M | -6.1M | -3.3M | -6.6M | -- |
| Net Non Operating Interest Income Expense | 349,000 | 362,000 | 393,000 | 130,749 | 230,000 | -- |
| Other Gand A | 686,000 | 427,000 | 529,000 | 508,595 | 252,000 | -- |
| Salaries And Wages | 1.2M | 1.3M | 1.3M | 672,528 | 978,000 | -- |
| Total Expenses | 6.0M | 6.4M | 6.5M | 4.6M | 3.7M | -- |
| Total Operating Income As Reported | -6.0M | -6.4M | -- | -4.6M | -3.7M | -4.9M |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 19.3M | 38.2M | 32.7M | 40.2M | 17.3M | -- |
| Cash Cash Equivalents And Short Term Investments | 34.6M | 38.2M | 41.2M | 48.7M | 17.3M | -- |
| Cash Equivalents | 13.1M | 28.0M | 25.6M | 15.7M | 11.6M | -- |
| Cash Financial | 6.2M | 10.2M | 7.1M | 24.4M | 5.8M | -- |
| Other Short Term Investments | 15.3M | 0.00 | 8.5M | 8.5M | 0.00 | -- |
| Receivables | 205,000 | 186,000 | 338,000 | 436,179 | 141,368 | -- |
| Prepaid Assets | 2.7M | 2.7M | 2.8M | 1.8M | 428,546 | -- |
| Current Assets | 37.5M | 41.1M | 44.4M | 50.9M | 17.9M | -- |
| Gross PPE | -- | -- | 3,000 | 3,484 | 12,583 | 14,602 |
| Net PPE | 6,000 | 5,000 | 3,000 | 3,484 | 12,583 | -- |
| Goodwill And Other Intangible Assets | -- | 0.00 | 0.00 | 0.00 | 0.00 | 2.9M |
| Investments And Advances | -- | 0.00 | 0.00 | 0.00 | 0.00 | 31,394 |
| Total Non Current Assets | 6,000 | 5,000 | 3,000 | 3,484 | 12,583 | -- |
| Total Assets | 37.5M | 41.1M | 44.4M | 50.9M | 17.9M | -- |
| Accounts Payable | 1.4M | 1.1M | 1.9M | 2.1M | 1.0M | -- |
| Payables | 1.5M | 1.2M | 1.9M | 2.1M | 1.0M | -- |
| Payables And Accrued Expenses | 3.5M | 2.8M | 2.7M | 3.6M | 2.7M | -- |
| Current Accrued Expenses | 2.0M | 1.6M | 751,000 | 1.5M | 1.7M | -- |
| Current Liabilities | 3.5M | 2.8M | 2.7M | 3.6M | 2.7M | -- |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Total Liabilities Net Minority Interest | 3.5M | 2.8M | 2.7M | 3.6M | 2.7M | -- |
| Common Stock | 85.5M | 82.5M | 78.1M | 73.7M | 46.1M | -- |
| Capital Stock | 85.5M | 82.5M | 78.1M | 73.7M | 46.1M | -- |
| Additional Paid In Capital | 9.3M | 8.8M | 8.3M | 7.2M | 5.7M | -- |
| Retained Earnings | -74.7M | -68.8M | -63.2M | -52.7M | -51.4M | -- |
| Gains Losses Not Affecting Retained Earnings | -1.7M | -1.7M | -1.5M | -151,199 | -8,882 | -- |
| Other Equity Adjustments | -1.7M | -1.7M | -1.5M | -151,199 | -8,882 | -- |
| Common Stock Equity | 34.0M | 38.3M | 41.7M | 47.3M | 15.2M | -- |
| Stockholders Equity | 34.0M | 38.3M | 41.7M | 47.3M | 15.2M | -- |
| Total Equity Gross Minority Interest | 34.0M | 38.3M | 41.7M | 47.3M | 15.2M | -- |
| Total Capitalization | 34.0M | 38.3M | 41.7M | 47.3M | 15.2M | -- |
| Net Tangible Assets | 34.0M | 38.3M | 41.7M | 47.3M | 15.2M | -- |
| Tangible Book Value | 34.0M | 38.3M | 41.7M | 47.3M | 15.2M | -- |
| Working Capital | 34.0M | 38.3M | 41.7M | 47.3M | 15.2M | -- |
| Invested Capital | 34.0M | 38.3M | 41.7M | 47.3M | 15.2M | -- |
| Share Issued | 15.4M | 14.7M | 13.8M | 13.8M | 9.4M | -- |
| Ordinary Shares Number | 15.4M | 14.7M | 13.8M | 13.8M | 9.4M | -- |
| Hedging Assets Current | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Income Tax Payable | 114,000 | 95,000 | 63,000 | -- | -- | -- |
| Other Equity Interest | 15.5M | 17.6M | 20.0M | 19.2M | 14.9M | -- |
| Other Properties | -- | -- | 3,000 | 3,484 | 12,583 | 14,602 |
| Taxes Receivable | 205,000 | 186,000 | 338,000 | 436,179 | 141,368 | -- |
| Total Tax Payable | 114,000 | 95,000 | 63,000 | -- | -- | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -4.1M | -4.8M | -7.4M | -4.7M | -3.2M | -- |
| Cash Flow From Continuing Operating Activities | -4.1M | -4.8M | -7.4M | -4.7M | -3.2M | -- |
| Depreciation And Amortization | 3,000 | 0.00 | 1,000 | 8,014 | 2,000 | -- |
| Depreciation Amortization Depletion | 3,000 | 0.00 | 1,000 | 8,014 | 2,000 | -- |
| Stock Based Compensation | 774,000 | 834,000 | 642,000 | 239,191 | 162,000 | -- |
| Change In Working Capital | 803,000 | 319,000 | -1.9M | -686,806 | 322,000 | -- |
| Change In Receivables | -18,000 | 151,000 | 98,000 | -320,099 | 580,000 | -- |
| Change In Payables And Accrued Expense | 790,000 | 40,000 | -886,000 | 958,671 | -181,000 | -- |
| Other Non Cash Items | -- | -- | -- | -- | -39,000 | -121,000 |
| Capital Expenditure | -3,000 | -- | -- | -- | -440.89 | -3,000 |
| Purchase Of PPE | -3,000 | -3,000 | 0.00 | 260.26 | 0.00 | -- |
| Net PPE Purchase And Sale | -3,000 | -3,000 | 0.00 | 260.26 | 0.00 | -- |
| Purchase Of Investment | -15.3M | 0.00 | 0.00 | -- | -101,000 | -12.9M |
| Sale Of Investment | 0.00 | 8.5M | 0.00 | 17.1M | 13.1M | -- |
| Net Investment Purchase And Sale | -15.3M | 8.5M | 0.00 | -8.9M | 13.0M | -- |
| Investing Cash Flow | -15.3M | 8.5M | 0.00 | -8.9M | 13.0M | -- |
| Cash Flow From Continuing Investing Activities | -15.3M | 8.5M | 0.00 | -8.9M | 13.0M | -- |
| Issuance Of Debt | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Repayment Of Debt | -- | -- | -- | 0.00 | -- | -- |
| Net Issuance Payments Of Debt | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Issuance Of Capital Stock | -- | -- | -- | 29.8M | 0.00 | -- |
| Net Common Stock Issuance | -- | -- | -- | 29.8M | 0.00 | -- |
| Financing Cash Flow | 700,000 | 1.4M | 2,000 | 37.1M | 170,000 | -- |
| Cash Flow From Continuing Financing Activities | 700,000 | 1.4M | 2,000 | 37.1M | 170,000 | -- |
| Effect Of Exchange Rate Changes | -155,000 | 484,000 | 3,000 | 276,370 | 305,000 | -- |
| Changes In Cash | -18.8M | 5.0M | -7.4M | 23.5M | 9.9M | -- |
| Beginning Cash Position | 38.2M | 32.7M | 40.1M | 17.3M | 7.2M | -- |
| End Cash Position | 19.3M | 38.2M | 32.7M | 40.2M | 17.4M | -- |
| Free Cash Flow | -4.1M | -4.8M | -7.4M | -4.7M | -3.2M | -- |
| Asset Impairment Charge | -- | -- | -- | -171,815 | -- | -- |
| Change In Prepaid Assets | 31,000 | 128,000 | -1.1M | -1.3M | -77,000 | -- |
| Common Stock Issuance | -- | -- | -- | 29.8M | 0.00 | -- |
| Depreciation | 3,000 | 0.00 | 1,000 | 8,014 | 2,000 | -- |
| Gain Loss On Investment Securities | -- | -- | -- | -826.90 | 0.00 | 1,000 |
| Long Term Debt Issuance | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Long Term Debt Payments | -- | -- | -- | 0.00 | -- | -- |
| Net Foreign Currency Exchange Gain Loss | 115,000 | -388,000 | -3,000 | -442,975 | 34,000 | -- |
| Net Income From Continuing Operations | -5.8M | -5.6M | -6.1M | -3.3M | -6.6M | -- |
| Net Long Term Debt Issuance | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Operating Gains Losses | 115,000 | -388,000 | -3,000 | -443,802 | 34,000 | -- |
| Proceeds From Stock Option Exercised | 700,000 | 1.4M | 2,000 | 7.3M | 170,000 | -- |