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 | 9.2M | 9.6M | 6.3M | 5.9M |
| General And Administrative Expense | 9.2M | 9.6M | 6.3M | 5.9M |
| Research And Development | 15.7M | 8.0M | 16.6M | 6.9M |
| Depreciation And Amortization In Income Statement | 28,003 | 98,572 | 73,365 | 2,054 |
| Operating Expense | 24.9M | 17.8M | 23.0M | 12.8M |
| Operating Income | -24.9M | -17.8M | -23.0M | -12.8M |
| EBIT | -24.9M | -17.8M | -20.2M | -12.7M |
| Interest Expense | -- | 0.00 | 514,599 | 0.00 |
| Interest Expense Non Operating | -- | 0.00 | 514,599 | 0.00 |
| Interest Income | 812,617 | 550,074 | 201,396 | 29,417 |
| Interest Income Non Operating | 812,617 | 550,074 | 201,396 | 29,417 |
| Net Interest Income | 812,617 | 550,074 | -313,203 | 29,417 |
| Other Income Expense | 113,483 | -5.2M | 2.6M | 55,229 |
| Gain On Sale Of Security | 113,483 | -5.2M | 2.6M | 55,229 |
| Pretax Income | -24.0M | -22.4M | -20.7M | -12.7M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -24.0M | -22.4M | -20.7M | -12.7M |
| Net Income From Continuing Operation Net Minority Interest | -24.0M | -22.4M | -20.7M | -12.7M |
| Net Income Including Noncontrolling Interests | -24.0M | -22.4M | -20.7M | -12.7M |
| Net Income Common Stockholders | -24.0M | -22.4M | -20.7M | -12.7M |
| Net Income | -24.0M | -22.4M | -20.7M | -12.7M |
| EBITDA | -24.8M | -17.6M | -20.1M | -12.7M |
| Normalized EBITDA | -25.0M | -12.5M | -22.7M | -12.7M |
| Reconciled Depreciation | 83,798 | 145,002 | 115,114 | 42,626 |
| Basic EPS | -0.36 | -0.38 | -0.39 | -0.32 |
| Diluted EPS | -0.36 | -0.38 | -0.39 | -0.32 |
| Basic Average Shares | 67.3M | 59.3M | 52.6M | 39.3M |
| Diluted Average Shares | 67.3M | 59.3M | 52.6M | 39.3M |
| Total Unusual Items | 113,483 | -5.2M | 2.6M | 55,229 |
| Total Unusual Items Excluding Goodwill | 113,483 | -5.2M | 2.6M | 55,229 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -24.1M | -17.2M | -23.3M | -12.8M |
| Depreciation Amortization Depletion Income Statement | 28,003 | 98,572 | 73,365 | 2,054 |
| Depreciation Income Statement | 28,003 | 98,572 | 73,365 | 2,054 |
| Diluted NI Availto Com Stockholders | -24.0M | -22.4M | -20.7M | -12.7M |
| Net Income Continuous Operations | -24.0M | -22.4M | -20.7M | -12.7M |
| Net Non Operating Interest Income Expense | 812,617 | 550,074 | -313,203 | 29,417 |
| Other Gand A | 2.6M | 2.9M | 3.1M | 1.7M |
| Salaries And Wages | 6.5M | 6.8M | 3.3M | 4.3M |
| Total Expenses | 24.9M | 17.8M | 23.0M | 12.8M |
| Total Other Finance Cost | -- | -- | -- | 1.4M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 17.3M | 11.7M | 22.5M | 16.9M |
| Cash Cash Equivalents And Short Term Investments | 17.4M | 11.7M | 22.5M | 16.9M |
| Cash Financial | -- | -- | 22.5M | 16.9M |
| Other Short Term Investments | 97,234 | 0.00 | -- | -- |
| Accounts Receivable | -- | 250,209 | 27,027 | 64,002 |
| Receivables | 415,301 | 250,209 | 27,027 | 64,002 |
| Prepaid Assets | 716,951 | 589,403 | 669,908 | 427,577 |
| Other Current Assets | 105,664 | 16,330 | -- | -- |
| Current Assets | 19.0M | 12.5M | 23.1M | 17.4M |
| Gross PPE | 0.00 | 199,782 | 295,280 | -- |
| Net PPE | 0.00 | 199,782 | 295,280 | 2,691 |
| Goodwill And Other Intangible Assets | 464,958 | 520,753 | 431,403 | 473,152 |
| Other Intangible Assets | 464,958 | 520,753 | 431,403 | 473,152 |
| Investments And Advances | 8,369 | 0.00 | -- | -- |
| Other Investments | 8,369 | 0.00 | -- | -- |
| Total Non Current Assets | 473,327 | 720,535 | 726,683 | 475,843 |
| Total Assets | 19.5M | 13.2M | 23.9M | 17.9M |
| Current Debt And Capital Lease Obligation | 97,234 | 91,586 | 86,265 | -- |
| Accounts Payable | -- | 3.3M | 2.0M | 352,546 |
| Payables | 33,439 | 3.3M | 2.5M | 626,609 |
| Payables And Accrued Expenses | 3.8M | 2.6M | 3.4M | 1.1M |
| Current Accrued Expenses | 3.7M | 2.6M | 892,136 | 451,471 |
| Other Current Liabilities | 11.9M | 11.8M | 6.7M | -- |
| Current Liabilities | 16.9M | 15.1M | 10.2M | 1.1M |
| Long Term Debt And Capital Lease Obligation | 8,369 | 105,604 | 197,190 | 0.00 |
| Long Term Capital Lease Obligation | 8,369 | 105,604 | 197,190 | 0.00 |
| Total Non Current Liabilities Net Minority Interest | 8,369 | 105,604 | 197,190 | 0.00 |
| Total Liabilities Net Minority Interest | 16.9M | 15.2M | 10.4M | 1.1M |
| Common Stock | 81.1M | 58.9M | 57.4M | 42.4M |
| Capital Stock | 81.1M | 58.9M | 57.4M | 42.4M |
| Retained Earnings | -102.2M | -78.2M | -55.8M | -35.0M |
| Gains Losses Not Affecting Retained Earnings | 23.6M | 17.2M | 11.8M | 9.5M |
| Common Stock Equity | 2.6M | -2.0M | 13.5M | 16.8M |
| Stockholders Equity | 2.6M | -2.0M | 13.5M | 16.8M |
| Total Equity Gross Minority Interest | 2.6M | -2.0M | 13.5M | 16.8M |
| Total Capitalization | 2.6M | -2.0M | 13.5M | 16.8M |
| Net Tangible Assets | 2.1M | -2.5M | 13.0M | 16.3M |
| Tangible Book Value | 2.1M | -2.5M | 13.0M | 16.3M |
| Working Capital | 2.1M | -2.6M | 12.9M | 16.3M |
| Invested Capital | 2.6M | -2.0M | 13.5M | 16.8M |
| Total Debt | 105,603 | 197,190 | 283,455 | 0.00 |
| Share Issued | 70.3M | 59.6M | 58.8M | 46.2M |
| Ordinary Shares Number | 70.3M | 59.6M | 58.8M | 46.2M |
| Capital Lease Obligations | 105,603 | 197,190 | 283,455 | 0.00 |
| Current Capital Lease Obligation | 97,234 | 91,586 | 86,265 | 0.00 |
| Current Deferred Assets | 410,257 | 0.00 | -- | -- |
| Dueto Related Parties Current | -- | 438,584 | 504,346 | 274,063 |
| Other Payable | 33,439 | -- | -- | -- |
| Other Properties | -- | 199,782 | 295,280 | -- |
| Other Receivables | 270,645 | 249,879 | -- | -- |
| Pensionand Other Post Retirement Benefit Plans Current | 1.2M | 710,392 | -- | -- |
| Taxes Receivable | 144,656 | 330.00 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -16.8M | -11.3M | -17.8M | -8.3M |
| Cash Flow From Continuing Operating Activities | -16.8M | -11.3M | -17.8M | -8.3M |
| Depreciation And Amortization | 83,798 | 145,002 | 115,114 | 42,626 |
| Depreciation Amortization Depletion | 83,798 | 145,002 | 115,114 | 42,626 |
| Stock Based Compensation | 5.8M | 6.0M | 2.8M | 4.0M |
| Change In Working Capital | 838,556 | -240,348 | 2.1M | 430,499 |
| Changes In Account Receivables | -165,092 | -223,182 | 36,975 | -1,408 |
| Change In Receivables | -165,092 | -223,182 | 36,975 | -1,408 |
| Change In Payables And Accrued Expense | 1.2M | -74,488 | 2.3M | 318,734 |
| Change In Payable | -- | -- | 2.3M | 318,734 |
| Other Non Cash Items | 9,790 | 14,661 | 528,900 | -- |
| Capital Expenditure | -- | -141,403 | -21,105 | -45,085 |
| Purchase Of PPE | 0.00 | -5,623 | -21,105 | -2,749 |
| Net PPE Purchase And Sale | 0.00 | -3,074 | -21,105 | -2,749 |
| Investing Cash Flow | 58,874 | -138,854 | -21,105 | -45,085 |
| Cash Flow From Continuing Investing Activities | 58,874 | -138,854 | -21,105 | -45,085 |
| Repayment Of Debt | -100,926 | -100,926 | -75,695 | 0.00 |
| Net Issuance Payments Of Debt | -100,926 | -100,926 | -75,695 | 0.00 |
| Issuance Of Capital Stock | 23.0M | 0.00 | 19.8M | 18.9M |
| Net Common Stock Issuance | 23.0M | 0.00 | 19.8M | 18.9M |
| Financing Cash Flow | 22.7M | 766,285 | 22.6M | 19.6M |
| Cash Flow From Continuing Financing Activities | 22.7M | 766,285 | 22.6M | 19.6M |
| Effect Of Exchange Rate Changes | -305,006 | -123,892 | 686,575 | 31,377 |
| Changes In Cash | 5.9M | -10.7M | 4.8M | 11.3M |
| Beginning Cash Position | 11.7M | 22.5M | 16.9M | 5.6M |
| End Cash Position | 17.3M | 11.7M | 22.5M | 16.9M |
| Free Cash Flow | -16.8M | -11.4M | -17.8M | -8.3M |
| Interest Paid Supplemental Data | 0.00 | 0.00 | 0.00 | 0.00 |
| Amortization Cash Flow | 55,795 | 46,430 | 41,749 | 40,572 |
| Amortization Of Intangibles | 55,795 | 46,430 | 41,749 | 40,572 |
| Change In Account Payable | -- | -- | 2.3M | 318,734 |
| Change In Prepaid Assets | -223,735 | 57,322 | -242,331 | 113,173 |
| Common Stock Issuance | 23.0M | 0.00 | 19.8M | 18.9M |
| Depreciation | 28,003 | 98,572 | 73,365 | 2,054 |
| Gain Loss On Investment Securities | 135,959 | 5.0M | -1.9M | -- |
| Gain Loss On Sale Of PPE | 6,851 | 0.00 | -- | -- |
| Long Term Debt Payments | -100,926 | -100,926 | -75,695 | 0.00 |
| Net Foreign Currency Exchange Gain Loss | 294,337 | 128,043 | -686,575 | -31,377 |
| Net Income From Continuing Operations | -24.0M | -22.4M | -20.7M | -12.7M |
| Net Intangibles Purchase And Sale | 58,874 | -135,780 | 0.00 | -42,336 |
| Net Long Term Debt Issuance | -100,926 | -100,926 | -75,695 | 0.00 |
| Net Other Financing Charges | -1.6M | -- | -129,042 | -1.7M |
| Operating Gains Losses | 437,147 | 5.1M | -2.6M | -31,377 |
| Proceeds From Stock Option Exercised | 1.4M | 867,211 | 3.1M | 2.4M |
| Purchase Of Intangibles | 0.00 | -135,780 | 0.00 | -42,336 |
| Sale Of Intangibles | 58,874 | 0.00 | -- | -- |
| Sale Of PPE | 0.00 | 2,549 | 0.00 | -- |