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 |
| Selling General And Administration | 24.8M | 23.7M | 12.6M | 9.7M |
| General And Administrative Expense | 24.8M | 23.7M | 12.6M | 9.7M |
| Research And Development | 8.5M | 9.0M | 3.9M | 1.5M |
| Depreciation And Amortization In Income Statement | 262,335 | 257,059 | 174,031 | 127,033 |
| Other Operating Expenses | -- | -- | -- | 760,856 |
| Operating Expense | 33.5M | 33.0M | 16.7M | 11.3M |
| Operating Income | -33.5M | -33.0M | -16.7M | -11.3M |
| EBIT | -29.0M | -31.7M | -15.8M | -11.2M |
| Interest Expense | 185,447 | 160,332 | 66,772 | 74,501 |
| Interest Expense Non Operating | 185,447 | 160,332 | 66,772 | 74,501 |
| Interest Income | 756,461 | 1.7M | 924,301 | 198,761 |
| Interest Income Non Operating | 756,461 | 1.7M | 924,301 | 198,761 |
| Net Interest Income | 571,014 | 1.5M | 857,529 | 124,260 |
| Other Income Expense | 3.7M | -301,261 | -4,349 | -130,780 |
| Other Non Operating Income Expenses | 186,932 | -- | -- | -- |
| Special Income Charges | 3.5M | -301,261 | -4,349 | -130,780 |
| Write Off | -- | -- | 0.00 | 130,780 |
| Pretax Income | -29.2M | -31.8M | -15.8M | -11.3M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -29.2M | -31.8M | -15.8M | -11.3M |
| Net Income From Continuing Operation Net Minority Interest | -29.2M | -31.8M | -15.8M | -11.3M |
| Net Income Including Noncontrolling Interests | -29.2M | -31.8M | -15.8M | -11.3M |
| Net Income Common Stockholders | -29.2M | -31.8M | -15.8M | -11.3M |
| Net Income | -29.2M | -31.8M | -15.8M | -11.3M |
| EBITDA | -27.2M | -30.1M | -14.7M | -10.6M |
| Normalized EBITDA | -30.8M | -29.8M | -14.7M | -10.4M |
| Reconciled Depreciation | 1.8M | 1.5M | 1.1M | 676,600 |
| Basic EPS | -0.26 | -0.30 | -0.16 | -0.12 |
| Diluted EPS | -0.26 | -0.30 | -0.16 | -0.12 |
| Basic Average Shares | 111.3M | 105.1M | 98.2M | 93.9M |
| Diluted Average Shares | 111.3M | 105.1M | 98.2M | 93.9M |
| Total Unusual Items | 3.5M | -301,261 | -4,349 | -130,780 |
| Total Unusual Items Excluding Goodwill | 3.5M | -301,261 | -4,349 | -130,780 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -32.8M | -31.5M | -15.8M | -11.2M |
| Amortization | 3,983 | 3,007 | 2,410 | 1,888 |
| Amortization Of Intangibles Income Statement | 3,983 | 3,007 | 2,410 | 1,888 |
| Depreciation Amortization Depletion Income Statement | 262,335 | 257,059 | 174,031 | 127,033 |
| Depreciation Income Statement | 258,352 | 254,052 | 171,621 | 125,145 |
| Diluted NI Availto Com Stockholders | -29.2M | -31.8M | -15.8M | -11.3M |
| Gain On Sale Of Ppe | 3.5M | -301,261 | -4,349 | 0.00 |
| Net Income Continuous Operations | -29.2M | -31.8M | -15.8M | -11.3M |
| Net Non Operating Interest Income Expense | 571,014 | 1.5M | 857,529 | 124,260 |
| Other Gand A | 4.9M | 5.2M | 3.0M | 1.8M |
| Salaries And Wages | 19.9M | 18.5M | 9.7M | 7.9M |
| Total Expenses | 33.5M | 33.0M | 16.7M | 11.3M |
| Total Operating Income As Reported | -33.7M | -33.2M | -16.7M | -11.4M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 7.2M | 31.9M | 39.4M | 52.7M |
| Cash Cash Equivalents And Short Term Investments | 7.2M | 31.9M | 39.4M | 52.7M |
| Cash Equivalents | 5.3M | 25.6M | 28.9M | -- |
| Cash Financial | 1.9M | 6.2M | 10.5M | -- |
| Other Short Term Investments | -- | -- | -- | 0.00 |
| Accounts Receivable | -- | 0.00 | 807,331 | 0.00 |
| Receivables | 402,494 | 391,710 | 1.5M | 411,485 |
| Inventory | 338,252 | 705,278 | 317,279 | 0.00 |
| Prepaid Assets | 951,866 | 738,333 | 1.4M | 285,697 |
| Current Assets | 8.9M | 34.3M | 42.6M | 53.3M |
| Gross PPE | 22.1M | 22.2M | 17.9M | 5.4M |
| Accumulated Depreciation | -5.6M | -3.8M | -4.5M | -3.5M |
| Net PPE | 16.6M | 18.5M | 13.4M | 1.9M |
| Goodwill And Other Intangible Assets | 49,897 | 37,899 | 31,737 | 25,708 |
| Other Intangible Assets | 49,897 | 37,899 | 31,737 | 25,708 |
| Total Non Current Assets | 16.8M | 18.7M | 13.4M | 2.0M |
| Total Assets | 25.7M | 53.0M | 56.1M | 55.4M |
| Current Debt And Capital Lease Obligation | 449,885 | 374,242 | 186,795 | 143,740 |
| Accounts Payable | 2.9M | 3.8M | 1.8M | 759,014 |
| Payables | 2.9M | 3.8M | 1.9M | 784,038 |
| Payables And Accrued Expenses | 2.9M | 3.8M | 1.9M | 784,038 |
| Current Deferred Revenue | -- | -- | 0.00 | 18,958 |
| Current Liabilities | 3.3M | 4.1M | 2.0M | 946,736 |
| Long Term Debt And Capital Lease Obligation | 894,261 | 1.3M | 587,122 | 656,190 |
| Long Term Capital Lease Obligation | 894,261 | 1.3M | 587,122 | 656,190 |
| Total Non Current Liabilities Net Minority Interest | 894,261 | 1.3M | 587,122 | 656,190 |
| Total Liabilities Net Minority Interest | 4.2M | 5.5M | 2.6M | 1.6M |
| Common Stock | 125.6M | 125.0M | 96.7M | 82.6M |
| Capital Stock | 125.6M | 125.0M | 96.7M | 82.6M |
| Retained Earnings | -109.9M | -84.7M | -53.6M | -37.8M |
| Gains Losses Not Affecting Retained Earnings | 5.7M | 7.2M | 10.2M | 9.0M |
| Common Stock Equity | 21.4M | 47.5M | 53.4M | 53.8M |
| Stockholders Equity | 21.4M | 47.5M | 53.4M | 53.8M |
| Total Equity Gross Minority Interest | 21.4M | 47.5M | 53.4M | 53.8M |
| Total Capitalization | 21.4M | 47.5M | 53.4M | 53.8M |
| Net Tangible Assets | 21.4M | 47.4M | 53.4M | 53.7M |
| Tangible Book Value | 21.4M | 47.4M | 53.4M | 53.7M |
| Working Capital | 5.5M | 30.1M | 40.6M | 52.4M |
| Invested Capital | 21.4M | 47.5M | 53.4M | 53.8M |
| Total Debt | 1.3M | 1.7M | 773,917 | 799,930 |
| Share Issued | 111.4M | 111.3M | 100.5M | 95.5M |
| Ordinary Shares Number | 111.4M | 111.3M | 100.5M | 95.5M |
| Accrued Interest Receivable | -- | -- | -- | 231.00 |
| Buildings And Improvements | 4.9M | 4.9M | 4.9M | 0.00 |
| Capital Lease Obligations | 1.3M | 1.7M | 773,917 | 799,930 |
| Construction In Progress | 222,484 | 102,838 | 595,892 | 93,000 |
| Current Capital Lease Obligation | 449,885 | 374,242 | 186,795 | 143,740 |
| Current Deferred Liabilities | -- | -- | 0.00 | 18,958 |
| Dueto Related Parties Current | -- | 46,461 | 23,639 | 25,024 |
| Land And Improvements | 2.0M | 3.3M | 3.3M | 0.00 |
| Leases | 996,538 | 844,327 | 265,083 | 248,872 |
| Machinery Furniture Equipment | 634,148 | 607,137 | 2.7M | 2.4M |
| Non Current Prepaid Assets | 192,573 | 192,573 | 375,554 | 65,691 |
| Other Equity Interest | -- | -- | 171,000 | -- |
| Other Inventories | 6,663 | -- | -- | -- |
| Other Properties | 13.4M | 12.5M | 6.2M | 2.6M |
| Other Receivables | 59,805 | 10,833 | 28,027 | 355,919 |
| Raw Materials | 317,299 | 701,932 | 317,279 | 0.00 |
| Restricted Cash | 0.00 | 575,000 | 0.00 | -- |
| Taxes Receivable | 342,689 | 380,877 | 651,035 | 55,566 |
| Work In Process | 14,290 | 3,346 | 0.00 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -28.3M | -27.1M | -9.4M | -7.0M |
| Cash Flow From Continuing Operating Activities | -28.3M | -27.1M | -9.4M | -7.0M |
| Depreciation And Amortization | 1.8M | 1.5M | 1.1M | 676,600 |
| Depreciation Amortization Depletion | 1.8M | 1.5M | 1.1M | 676,600 |
| Stock Based Compensation | 3.2M | 1.7M | 1.7M | 4.4M |
| Change In Working Capital | 30,626 | 2.7M | 3.9M | -634,369 |
| Change In Receivables | -224,317 | 1.7M | 4.9M | -293,197 |
| Change In Inventory | 367,026 | -387,999 | -317,279 | 0.00 |
| Change In Payables And Accrued Expense | -112,083 | 1.3M | -690,458 | 461,126 |
| Change In Payable | -- | 1.3M | -690,458 | 461,126 |
| Change In Other Working Capital | -- | -- | -18,958 | -802,298 |
| Other Non Cash Items | -571,014 | -1.5M | -262,529 | -124,260 |
| Capital Expenditure | -2.0M | -5.1M | -1.2M | -768,426 |
| Purchase Of PPE | -2.0M | -5.1M | -1.2M | -763,533 |
| Net PPE Purchase And Sale | 2.9M | -5.1M | -1.2M | -763,533 |
| Purchase Of Business | -- | 0.00 | -16.4M | 0.00 |
| Sale Of Business | -- | 0.00 | 179,642 | 0.00 |
| Purchase Of Investment | -- | -- | -309,863 | -122,193 |
| Sale Of Investment | -- | -- | 0.00 | 1.0M |
| Net Investment Purchase And Sale | -- | -- | -309,863 | 886,971 |
| Investing Cash Flow | 4.2M | -4.2M | -16.8M | 317,306 |
| Cash Flow From Continuing Investing Activities | 4.2M | -4.2M | -16.8M | 317,306 |
| Repayment Of Debt | -559,687 | -457,001 | -219,785 | -189,944 |
| Net Issuance Payments Of Debt | -559,687 | -457,001 | -219,785 | -189,944 |
| Issuance Of Capital Stock | 0.00 | 24.1M | 13.2M | 33.8M |
| Net Common Stock Issuance | 0.00 | 24.1M | 13.2M | 33.8M |
| Financing Cash Flow | -559,687 | 23.6M | 13.0M | 31.6M |
| Cash Flow From Continuing Financing Activities | -559,687 | 23.6M | 13.0M | 31.6M |
| Changes In Cash | -24.7M | -7.6M | -13.2M | 24.9M |
| Beginning Cash Position | 31.9M | 39.4M | 52.7M | 27.8M |
| End Cash Position | 7.2M | 31.9M | 39.4M | 52.7M |
| Free Cash Flow | -30.3M | -32.1M | -10.6M | -7.8M |
| Amortization Cash Flow | 3,983 | 3,007 | 2,410 | 1,888 |
| Amortization Of Intangibles | 3,983 | 3,007 | 2,410 | 1,888 |
| Change In Account Payable | -- | 1.3M | -690,458 | 461,126 |
| Common Stock Issuance | 0.00 | 24.1M | 13.2M | 33.8M |
| Depreciation | 1.8M | 1.5M | 1.0M | 674,712 |
| Gain Loss On Sale Of PPE | -3.5M | 301,261 | 4,349 | 0.00 |
| Interest Received Cfi | 756,461 | 1.7M | 924,301 | 198,761 |
| Long Term Debt Payments | -559,687 | -457,001 | -219,785 | -189,944 |
| Net Business Purchase And Sale | -- | 0.00 | -16.2M | 0.00 |
| Net Income From Continuing Operations | -29.2M | -31.8M | -15.8M | -11.3M |
| Net Intangibles Purchase And Sale | -15,981 | -9,169 | -8,439 | -4,893 |
| Net Long Term Debt Issuance | -559,687 | -457,001 | -219,785 | -189,944 |
| Net Other Financing Charges | -- | -36,828 | -34,450 | -2.0M |
| Net Other Investing Changes | 575,000 | -755,386 | -309,863 | -- |
| Operating Gains Losses | -3.5M | 301,261 | 4,349 | -- |
| Purchase Of Intangibles | -15,981 | -9,169 | -8,439 | -4,893 |
| Sale Of PPE | 4.8M | 0.00 | -- | -- |