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 | 5.1M | 4.1M | 2.4M | 1.0M |
| Operating Revenue | 5.1M | 4.1M | 2.4M | 1.0M |
| Cost Of Revenue | 922,095 | 931,904 | 2.5M | 1.4M |
| Gross Profit | 4.2M | 3.2M | -130,694 | -439,475 |
| Selling General And Administration | 3.3M | 2.2M | 3.5M | 5.0M |
| General And Administrative Expense | 1.6M | 1.5M | 1.8M | 1.9M |
| Research And Development | 518,085 | 433,361 | 911,297 | 1.0M |
| Operating Expense | 3.8M | 2.7M | 4.4M | 6.1M |
| Operating Income | 338,423 | 500,446 | -4.5M | -6.5M |
| EBIT | 338,423 | 500,446 | -4.5M | -6.5M |
| Interest Income | 382.00 | 0.00 | 1,693 | 10,657 |
| Interest Income Non Operating | 382.00 | 0.00 | 1,693 | 10,657 |
| Net Interest Income | 382.00 | 0.00 | 1,693 | 10,657 |
| Other Income Expense | 49,527 | 409,286 | 344,221 | 157,151 |
| Other Non Operating Income Expenses | -- | 446,524 | 339,775 | -- |
| Special Income Charges | -- | 0.00 | 4,446 | 157,151 |
| Gain On Sale Of Security | 49,527 | -37,238 | -- | -- |
| Pretax Income | 388,332 | 909,732 | -4.2M | -6.3M |
| Tax Provision | 14,979 | 0.00 | -- | -- |
| Tax Effect Of Unusual Items | 1,910 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 373,353 | 909,732 | -4.2M | -6.3M |
| Net Income From Continuing Operation Net Minority Interest | 373,353 | 909,732 | -4.2M | -6.3M |
| Net Income Including Noncontrolling Interests | 373,353 | 909,732 | -4.2M | -6.3M |
| Net Income Common Stockholders | 373,353 | 909,732 | -4.2M | -6.3M |
| Net Income | 373,353 | 909,732 | -4.2M | -6.3M |
| EBITDA | 353,164 | 520,275 | -4.5M | -6.5M |
| Normalized EBITDA | 303,637 | 557,513 | -4.5M | -6.6M |
| Reconciled Depreciation | 14,741 | 19,829 | 18,453 | 23,785 |
| Basic EPS | 0.00 | 0.01 | -0.05 | -0.10 |
| Diluted EPS | 0.00 | 0.01 | -0.05 | -0.10 |
| Basic Average Shares | 117.9M | 112.8M | 80.8M | 66.0M |
| Diluted Average Shares | 117.9M | 112.8M | 80.8M | 66.0M |
| Total Unusual Items | 49,527 | -37,238 | 4,446 | 157,151 |
| Total Unusual Items Excluding Goodwill | 49,527 | -37,238 | 4,446 | 157,151 |
| Tax Rate For Calcs | 0.04 | 0.00 | 0.00 | 0.00 |
| Normalized Income | 325,736 | 946,970 | -4.2M | -6.5M |
| Diluted NI Availto Com Stockholders | 373,353 | 909,732 | -4.2M | -6.3M |
| Gain On Sale Of Business | -- | 0.00 | 4,446 | 157,151 |
| Gain On Sale Of Ppe | -- | -- | -- | 0.00 |
| Net Income Continuous Operations | 373,353 | 909,732 | -4.2M | -6.3M |
| Net Income Discontinuous Operations | -- | -- | -- | 0.00 |
| Net Non Operating Interest Income Expense | 382.00 | 0.00 | 1,693 | 10,657 |
| Other Gand A | 1.6M | 1.5M | 1.8M | 1.9M |
| Reconciled Cost Of Revenue | 922,095 | 931,904 | 2.5M | 1.4M |
| Selling And Marketing Expense | 1.7M | 784,215 | 1.6M | 3.1M |
| Total Expenses | 4.7M | 3.6M | 6.9M | 7.5M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 587,717 | 164,279 | 244,464 | 463,620 |
| Cash Cash Equivalents And Short Term Investments | 587,717 | 164,279 | 244,464 | 463,620 |
| Cash Financial | 587,717 | 164,279 | -- | -- |
| Accounts Receivable | 1.3M | 1.2M | 549,875 | 308,847 |
| Receivables | 1.4M | 1.2M | 556,211 | 351,865 |
| Prepaid Assets | 45,929 | 66,882 | 83,570 | 211,487 |
| Current Assets | 2.0M | 1.4M | 884,245 | 1.0M |
| Gross PPE | 164,844 | 154,567 | 145,075 | 148,026 |
| Accumulated Depreciation | -146,331 | -131,590 | -111,761 | -95,382 |
| Net PPE | 18,513 | 22,977 | 33,314 | 52,644 |
| Total Non Current Assets | 18,513 | 22,977 | 33,314 | 52,644 |
| Total Assets | 2.0M | 1.4M | 917,559 | 1.1M |
| Current Debt | 672,661 | 66,308 | 90,078 | 18,869 |
| Current Debt And Capital Lease Obligation | 672,661 | 66,308 | 90,078 | 18,869 |
| Accounts Payable | 521,100 | 1.1M | 1.9M | 903,467 |
| Payables | 521,100 | 1.1M | 1.9M | 903,467 |
| Payables And Accrued Expenses | 679,189 | 1.2M | 2.0M | 1.5M |
| Current Accrued Expenses | 158,089 | 73,661 | 57,092 | 554,244 |
| Current Deferred Revenue | 0.00 | 1,867 | 2,612 | 0.00 |
| Current Liabilities | 1.4M | 1.2M | 2.1M | 1.5M |
| Long Term Debt | 398,307 | 895,376 | 1.4M | 23,345 |
| Long Term Debt And Capital Lease Obligation | 398,307 | 895,376 | 1.4M | 23,345 |
| Total Non Current Liabilities Net Minority Interest | 398,307 | 895,376 | 1.4M | 23,345 |
| Total Liabilities Net Minority Interest | 1.8M | 2.1M | 3.5M | 1.5M |
| Common Stock | 29.5M | 29.1M | 28.2M | 27.3M |
| Capital Stock | 29.5M | 29.1M | 28.2M | 27.3M |
| Additional Paid In Capital | 3.7M | 3.5M | 1.9M | 1.7M |
| Retained Earnings | -34.0M | -34.4M | -35.3M | -31.1M |
| Gains Losses Not Affecting Retained Earnings | 178,313 | 138,682 | 176,275 | 132,835 |
| Common Stock Equity | 267,447 | -680,690 | -2.6M | -420,309 |
| Stockholders Equity | 267,447 | -680,690 | -2.6M | -420,309 |
| Total Equity Gross Minority Interest | 267,447 | -680,690 | -2.6M | -420,309 |
| Total Capitalization | 665,754 | 214,686 | -1.1M | -396,964 |
| Net Tangible Assets | 267,447 | -680,690 | -2.6M | -420,309 |
| Tangible Book Value | 267,447 | -680,690 | -2.6M | -420,309 |
| Working Capital | 647,241 | 191,709 | -1.2M | -449,608 |
| Invested Capital | 1.3M | 280,994 | -1.1M | -378,095 |
| Total Debt | 1.1M | 961,684 | 1.5M | 42,214 |
| Net Debt | 483,251 | 797,405 | 1.3M | -- |
| Share Issued | 117.9M | 112.8M | 92.6M | 67.4M |
| Ordinary Shares Number | 117.9M | 112.8M | 92.6M | 67.4M |
| Allowance For Doubtful Accounts Receivable | -72,261 | -42,745 | -127,137 | -6,787 |
| Current Deferred Liabilities | 0.00 | 1,867 | 2,612 | 0.00 |
| Foreign Currency Translation Adjustments | 178,313 | 138,682 | 176,275 | 132,835 |
| Gross Accounts Receivable | 1.4M | 1.2M | 677,012 | 315,634 |
| Machinery Furniture Equipment | 164,844 | 154,567 | 145,075 | 148,026 |
| Other Current Borrowings | 672,661 | 66,308 | 90,078 | 18,869 |
| Other Equity Interest | 840,590 | 921,376 | 2.4M | 1.5M |
| Taxes Receivable | 16,596 | 32,756 | 6,336 | 43,018 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 223,617 | 58,513 | -3.3M | -5.7M |
| Cash Flow From Continuing Operating Activities | 223,617 | 58,513 | -3.3M | -5.7M |
| Depreciation And Amortization | 14,741 | 19,829 | 18,453 | 23,785 |
| Depreciation Amortization Depletion | 14,741 | 19,829 | 18,453 | 23,785 |
| Stock Based Compensation | 221,640 | 97,332 | 135,601 | 97,466 |
| Deferred Tax | 14,979 | 0.00 | -- | -- |
| Deferred Income Tax | 14,979 | 0.00 | -- | -- |
| Change In Working Capital | -653,426 | -1.4M | 444,333 | 621,452 |
| Changes In Account Receivables | -174,324 | -634,910 | -204,346 | 30,534 |
| Change In Receivables | -174,324 | -634,910 | -204,346 | 30,534 |
| Change In Payables And Accrued Expense | -498,188 | -809,507 | 518,150 | 609,167 |
| Change In Payable | -498,188 | -809,507 | 518,150 | 609,167 |
| Change In Other Working Capital | -1,867 | -745.00 | 2,612 | -- |
| Other Non Cash Items | 252,330 | 460,094 | 265,470 | 10,657 |
| Capital Expenditure | -10,277 | -9,492 | -- | -25,673 |
| Purchase Of PPE | -10,277 | -9,492 | 0.00 | -25,673 |
| Net PPE Purchase And Sale | -10,277 | -9,492 | 0.00 | -25,673 |
| Sale Of Business | -- | 0.00 | 4,446 | 157,151 |
| Investing Cash Flow | -10,277 | -9,492 | 4,446 | 131,478 |
| Cash Flow From Continuing Investing Activities | -10,277 | -9,492 | 4,446 | 131,478 |
| Issuance Of Debt | 250,000 | 80,000 | 1.6M | 33,333 |
| Repayment Of Debt | -100,000 | -8,272 | -7,802 | -48,230 |
| Net Issuance Payments Of Debt | 150,000 | 71,728 | 1.6M | -14,897 |
| Issuance Of Capital Stock | 0.00 | 83,657 | 1.5M | 3.0M |
| Net Common Stock Issuance | 0.00 | 83,657 | 1.5M | 3.0M |
| Financing Cash Flow | 193,609 | -91,613 | 3.1M | 4.5M |
| Cash Flow From Continuing Financing Activities | 193,609 | -91,613 | 3.1M | 4.5M |
| Effect Of Exchange Rate Changes | 16,489 | -37,593 | 43,440 | 14,086 |
| Changes In Cash | 406,949 | -42,592 | -262,596 | -1.1M |
| Beginning Cash Position | 164,279 | 244,464 | 463,620 | 1.5M |
| End Cash Position | 587,717 | 164,279 | 244,464 | 463,620 |
| Free Cash Flow | 213,340 | 49,021 | -3.3M | -5.8M |
| Cash Dividends Paid | -- | -- | 0.00 | 0.00 |
| Change In Account Payable | -498,188 | -809,507 | 518,150 | 609,167 |
| Change In Prepaid Assets | 20,953 | 16,688 | 127,917 | -18,249 |
| Common Stock Issuance | 0.00 | 83,657 | 1.5M | 3.0M |
| Depreciation | 14,741 | 19,829 | 18,453 | 23,785 |
| Gain Loss On Sale Of Business | -- | 0.00 | -4,446 | -157,151 |
| Interest Paid Cff | -- | -- | -97,091 | -10,657 |
| Long Term Debt Issuance | 250,000 | 80,000 | 1.6M | 33,333 |
| Long Term Debt Payments | -100,000 | -8,272 | -7,802 | -48,230 |
| Net Business Purchase And Sale | -- | 0.00 | 4,446 | 157,151 |
| Net Income From Continuing Operations | 373,353 | 909,732 | -4.2M | -6.3M |
| Net Long Term Debt Issuance | 150,000 | 71,728 | 1.6M | -14,897 |
| Net Other Financing Charges | -169,875 | -252,807 | -97,091 | -- |
| Operating Gains Losses | -- | -- | -4,446 | -157,151 |
| Proceeds From Stock Option Exercised | 213,484 | 5,809 | 0.00 | 1.6M |
| Sale Of PPE | -- | -- | -- | 0.00 |