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 | 56.1M | 27.7M | 17.7M | 11.9M |
| Operating Revenue | 56.1M | 27.7M | 17.7M | 11.9M |
| Cost Of Revenue | 35.3M | 18.9M | 10.9M | 5.3M |
| Gross Profit | 20.8M | 8.8M | 6.7M | 6.6M |
| Selling General And Administration | 10.0M | 6.1M | 4.5M | 4.5M |
| General And Administrative Expense | 8.9M | 5.6M | 4.2M | 3.3M |
| Depreciation And Amortization In Income Statement | 478,193 | 165,782 | 438,211 | 244,095 |
| Operating Expense | 10.5M | 6.4M | 4.9M | 4.8M |
| Operating Income | 10.3M | 2.4M | 1.8M | 1.8M |
| EBIT | 11.1M | 2.1M | 1.6M | 1.6M |
| Interest Expense | 435,332 | 378,985 | 321,460 | 206,007 |
| Interest Expense Non Operating | 435,332 | 378,985 | 321,460 | 206,007 |
| Net Interest Income | -435,332 | -378,985 | -321,460 | -206,007 |
| Other Income Expense | 732,012 | -340,082 | -213,152 | -238,350 |
| Other Non Operating Income Expenses | 436,147 | 252,308 | 81,473 | 56,107 |
| Special Income Charges | 0.00 | -9,390 | 0.00 | 0.00 |
| Write Off | -- | 66,606 | 0.00 | 21,524 |
| Gain On Sale Of Security | 563,595 | -583,000 | -294,625 | -294,457 |
| Earnings From Equity Interest | -267,730 | 0.00 | -- | -- |
| Pretax Income | 10.6M | 1.7M | 1.2M | 1.4M |
| Tax Provision | 810,636 | -8,622 | -- | -- |
| Tax Effect Of Unusual Items | 43,009 | -236,956 | -77,221 | -78,031 |
| Net Income From Continuing And Discontinued Operation | 9.8M | 1.7M | 1.2M | 1.4M |
| Net Income From Continuing Operation Net Minority Interest | 9.8M | 1.7M | 1.2M | 1.4M |
| Net Income Including Noncontrolling Interests | 9.8M | 1.7M | 1.2M | 1.4M |
| Net Income Common Stockholders | 9.8M | 1.7M | 1.2M | 1.4M |
| Net Income | 9.8M | 1.7M | 1.2M | 1.4M |
| EBITDA | 12.1M | 2.7M | 2.0M | 1.8M |
| Normalized EBITDA | 11.5M | 3.3M | 2.3M | 2.1M |
| Reconciled Depreciation | 1.0M | 587,000 | 438,211 | 244,095 |
| Basic EPS | 0.23 | 0.05 | 0.05 | 0.05 |
| Diluted EPS | 0.20 | 0.05 | 0.00 | 0.05 |
| Basic Average Shares | 42.2M | 46.3M | 29.6M | 29.5M |
| Diluted Average Shares | 48.3M | 46.3M | 33.1M | 32.0M |
| Total Unusual Items | 563,595 | -592,390 | -294,625 | -294,457 |
| Total Unusual Items Excluding Goodwill | 563,595 | -592,390 | -294,625 | -294,457 |
| Tax Rate For Calcs | 0.08 | 0.40 | 0.26 | 0.27 |
| Normalized Income | 9.3M | 2.1M | 1.5M | 1.6M |
| Amortization | -- | 421,218 | 277,416 | 131,222 |
| Amortization Of Intangibles Income Statement | -- | 421,218 | 277,416 | 131,222 |
| Depreciation Amortization Depletion Income Statement | 478,193 | 165,782 | 438,211 | 244,095 |
| Depreciation Income Statement | 478,193 | 165,782 | 160,795 | 112,873 |
| Diluted NI Availto Com Stockholders | 9.8M | 1.7M | 1.2M | 1.4M |
| Gain On Sale Of Ppe | 0.00 | -9,390 | 0.00 | 0.00 |
| Insurance And Claims | 1.3M | 954,900 | 480,172 | 276,562 |
| Net Income Continuous Operations | 9.8M | 1.7M | 1.2M | 1.4M |
| Net Non Operating Interest Income Expense | -435,332 | -378,985 | -321,460 | -206,007 |
| Other Gand A | 1.1M | 647,243 | 249,306 | 350,821 |
| Other Special Charges | -- | -- | -50,020 | 133,098 |
| Provision For Doubtful Accounts | 0.00 | 66,606 | 0.00 | 21,524 |
| Reconciled Cost Of Revenue | 34.8M | 18.5M | 10.9M | 5.3M |
| Rent And Landing Fees | 349,691 | 148,704 | 114,484 | 138,121 |
| Rent Expense Supplemental | 349,691 | 148,704 | 114,484 | 138,121 |
| Salaries And Wages | 6.2M | 3.8M | 3.4M | 2.5M |
| Selling And Marketing Expense | 1.1M | 559,692 | 264,260 | 1.3M |
| Total Expenses | 45.8M | 25.3M | 15.9M | 10.1M |
| Total Operating Income As Reported | 12.3M | 2.2M | 2.3M | 2.6M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 4.9M | 358,088 | 725,020 | 158,870 |
| Cash Cash Equivalents And Short Term Investments | 4.9M | 358,088 | 725,020 | 158,870 |
| Cash Financial | 4.9M | 358,088 | 725,020 | 158,870 |
| Accounts Receivable | 12.6M | 5.8M | 3.2M | 3.0M |
| Receivables | 17.0M | 6.4M | 3.9M | 3.8M |
| Prepaid Assets | 298,590 | 129,842 | 86,751 | 64,446 |
| Other Current Assets | -54,896 | 66,606 | -- | 55,764 |
| Current Assets | 22.1M | 6.9M | 4.7M | 4.0M |
| Gross PPE | 4.2M | 2.8M | 2.1M | 2.0M |
| Accumulated Depreciation | -2.1M | -1.9M | -1.8M | -1.7M |
| Net PPE | 2.1M | 935,479 | 251,288 | 283,784 |
| Goodwill And Other Intangible Assets | 3.9M | 4.5M | 3.2M | 2.2M |
| Other Intangible Assets | 3.9M | 4.5M | 3.2M | 2.2M |
| Investments And Advances | 0.00 | 142,136 | 0.00 | -- |
| Long Term Equity Investment | 0.00 | 142,136 | 0.00 | -- |
| Other Non Current Assets | -- | 1.0M | -- | -- |
| Total Non Current Assets | 6.1M | 5.5M | 3.5M | 2.5M |
| Total Assets | 28.3M | 12.5M | 8.2M | 6.5M |
| Current Debt | 194,469 | 915,258 | 1.2M | 1.2M |
| Current Debt And Capital Lease Obligation | 585,923 | 1.0M | 1.3M | 1.2M |
| Accounts Payable | 424,779 | 1.9M | 1.5M | 2.2M |
| Payables | 5.3M | 5.2M | 4.6M | 5.2M |
| Payables And Accrued Expenses | 8.9M | 8.0M | 7.0M | 6.5M |
| Current Accrued Expenses | 3.6M | 2.9M | 2.4M | 1.4M |
| Current Deferred Revenue | -- | -- | -- | 0.00 |
| Current Liabilities | 9.5M | 9.0M | 8.3M | 7.8M |
| Long Term Debt | 6.0M | 6.6M | 6.7M | 6.6M |
| Long Term Debt And Capital Lease Obligation | 6.2M | 6.7M | 6.7M | 6.6M |
| Long Term Capital Lease Obligation | 188,633 | 43,941 | 0.00 | 39,005 |
| Other Non Current Liabilities | -- | -1,133 | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 6.2M | 6.7M | 6.7M | 6.6M |
| Total Liabilities Net Minority Interest | 15.7M | 15.7M | 14.9M | 14.4M |
| Common Stock | 18.5M | 14.7M | 13.6M | 13.6M |
| Capital Stock | 18.5M | 14.7M | 13.6M | 13.6M |
| Additional Paid In Capital | 3.2M | 2.7M | 2.6M | 2.3M |
| Retained Earnings | -8.9M | -20.5M | -22.2M | -23.4M |
| Gains Losses Not Affecting Retained Earnings | -173,311 | -216,733 | -822,757 | -363,334 |
| Common Stock Equity | 12.6M | -3.2M | -6.8M | -7.9M |
| Stockholders Equity | 12.6M | -3.2M | -6.8M | -7.9M |
| Total Equity Gross Minority Interest | 12.6M | -3.2M | -6.8M | -7.9M |
| Total Capitalization | 18.6M | 3.4M | -100,994 | -1.3M |
| Net Tangible Assets | 8.7M | -7.7M | -10.0M | -10.1M |
| Tangible Book Value | 8.7M | -7.7M | -10.0M | -10.1M |
| Working Capital | 12.6M | -2.1M | -3.6M | -3.8M |
| Invested Capital | 18.8M | 4.3M | 1.1M | -162,575 |
| Total Debt | 6.7M | 7.7M | 8.0M | 7.9M |
| Net Debt | 1.2M | 7.2M | 7.2M | 7.6M |
| Share Issued | 42.2M | 37.0M | 29.6M | 29.5M |
| Ordinary Shares Number | 42.2M | 37.0M | 29.6M | 29.5M |
| Allowance For Doubtful Accounts Receivable | -- | -66,606 | -25,057 | -36,741 |
| Buildings And Improvements | 1.3M | 539,340 | 29,556 | 100,490 |
| Capital Lease Obligations | 580,087 | 130,770 | 39,004 | 113,054 |
| Current Capital Lease Obligation | 391,454 | 86,829 | 39,004 | 74,049 |
| Current Deferred Liabilities | -- | -- | -- | 0.00 |
| Dueto Related Parties Current | 1.5M | 1.1M | 1.6M | 1.4M |
| Foreign Currency Translation Adjustments | -173,311 | -216,733 | -822,757 | -363,334 |
| Gross Accounts Receivable | -- | 5.8M | 3.2M | 3.0M |
| Income Tax Payable | 575,560 | 0.00 | -- | -- |
| Investmentsin Joint Venturesat Cost | 0.00 | 142,136 | 0.00 | -- |
| Land And Improvements | -- | 418,772 | 0.00 | -- |
| Line Of Credit | 113,083 | 298,743 | 389,321 | 626,068 |
| Machinery Furniture Equipment | 2.8M | 2.3M | 2.0M | 1.9M |
| Non Current Deferred Assets | 137,356 | 0.00 | -- | -- |
| Non Current Deferred Taxes Assets | 137,356 | 0.00 | -- | -- |
| Notes Receivable | 0.00 | 293.00 | 17,431 | 55,764 |
| Other Current Borrowings | 81,386 | 616,515 | 855,013 | 542,843 |
| Other Payable | 1.0M | 911,556 | 647,311 | 780,395 |
| Other Receivables | 4.1M | 305,167 | 422,114 | 445,038 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Receivables Adjustments Allowances | -- | -- | -- | 0.00 |
| Taxes Receivable | 279,902 | 279,902 | 296,173 | 303,639 |
| Total Tax Payable | 2.4M | 1.3M | 834,310 | 831,586 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 2.6M | 1.9M | 2.2M | 1.8M |
| Cash Flow From Continuing Operating Activities | 2.6M | 1.9M | 2.2M | 1.8M |
| Depreciation And Amortization | 1.0M | 587,000 | 438,211 | 244,095 |
| Depreciation Amortization Depletion | 1.0M | 587,000 | 438,211 | 244,095 |
| Stock Based Compensation | 974,266 | 104,250 | 328,250 | 810,300 |
| Deferred Tax | -137,356 | 0.00 | -- | -- |
| Deferred Income Tax | -137,356 | 0.00 | -- | -- |
| Change In Working Capital | -9.6M | -1.6M | 343,104 | -2.8M |
| Changes In Account Receivables | -- | -- | -134,474 | -1.6M |
| Change In Receivables | -10.5M | -2.5M | -134,474 | -1.6M |
| Change In Payables And Accrued Expense | 934,961 | 955,767 | 445,040 | -1.1M |
| Change In Payable | 934,961 | 955,767 | 724,707 | -1.1M |
| Change In Other Working Capital | -- | -- | -- | -133,797 |
| Change In Other Current Assets | 293.00 | 17,138 | 38,333 | 4,468 |
| Change In Other Current Liabilities | 137,558 | 17,921 | 16,510 | -1,552 |
| Other Non Cash Items | 435,332 | 378,985 | 315,656 | 2.2M |
| Capital Expenditure | -967,622 | -2.4M | -1.4M | -1.5M |
| Purchase Of PPE | -967,622 | -689,149 | -128,299 | -97,032 |
| Net PPE Purchase And Sale | -967,622 | -689,149 | -128,299 | -97,032 |
| Purchase Of Business | -- | -142,136 | 0.00 | -- |
| Sale Of Business | 142,136 | -- | -- | -- |
| Investing Cash Flow | -825,486 | -2.5M | -1.4M | -1.5M |
| Cash Flow From Continuing Investing Activities | -825,486 | -2.5M | -1.4M | -1.5M |
| Issuance Of Debt | -- | -- | 121,311 | 161,000 |
| Repayment Of Debt | -1.7M | -465,950 | -90,560 | -717,180 |
| Net Issuance Payments Of Debt | -1.7M | -465,950 | 73,671 | -499,846 |
| Issuance Of Capital Stock | 5.0M | 1.1M | 25,000 | 443,000 |
| Net Common Stock Issuance | 5.0M | 1.1M | 25,000 | 443,000 |
| Financing Cash Flow | 2.8M | 275,065 | -216,985 | -239,498 |
| Cash Flow From Continuing Financing Activities | 2.8M | 275,065 | -216,985 | -239,498 |
| Changes In Cash | 4.6M | -366,932 | 566,150 | 13,646 |
| Beginning Cash Position | 358,088 | 725,020 | 158,870 | 145,224 |
| End Cash Position | 4.9M | 358,088 | 725,020 | 158,870 |
| Free Cash Flow | 1.6M | -499,861 | 783,135 | 253,144 |
| Amortization Cash Flow | 528,733 | 421,218 | 277,416 | 131,222 |
| Amortization Of Intangibles | 528,733 | 421,218 | 277,416 | 131,222 |
| Asset Impairment Charge | 0.00 | 66,606 | -- | -- |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Account Payable | 359,401 | 955,767 | 445,040 | -819,852 |
| Change In Income Tax Payable | 575,560 | 0.00 | -- | -- |
| Change In Prepaid Assets | -168,748 | -43,091 | -22,305 | 3,055 |
| Change In Tax Payable | 575,560 | 0.00 | -- | -- |
| Common Stock Issuance | 5.0M | 1.1M | 25,000 | 443,000 |
| Depreciation | 478,193 | 165,782 | 160,795 | 112,873 |
| Interest Paid Cff | -435,332 | -378,985 | -315,656 | -182,652 |
| Long Term Debt Issuance | -- | -- | 121,311 | 161,000 |
| Long Term Debt Payments | -1.1M | -167,380 | -90,560 | -717,180 |
| Net Business Purchase And Sale | 142,136 | -142,136 | 0.00 | -- |
| Net Income From Continuing Operations | 9.9M | 2.3M | 788,434 | 1.4M |
| Net Intangibles Purchase And Sale | 0.00 | -1.7M | -1.3M | -1.5M |
| Net Long Term Debt Issuance | -1.1M | -167,380 | 30,751 | -556,180 |
| Net Short Term Debt Issuance | -679,427 | -298,570 | 42,920 | 56,334 |
| Operating Gains Losses | -- | 9,390 | -- | -- |
| Provisionand Write Offof Assets | -- | 66,606 | 0.00 | -- |
| Purchase Of Intangibles | 0.00 | -1.7M | -1.3M | -1.5M |
| Short Term Debt Payments | -679,427 | -298,570 | -- | -- |