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 | 1.0M | 331,403 | 152,358 | 137,648 |
| Operating Revenue | 1.0M | 331,403 | 152,358 | 137,648 |
| Cost Of Revenue | 487,942 | 166,562 | 53,190 | 45,424 |
| Gross Profit | 521,937 | 164,841 | 99,168 | 92,224 |
| Selling General And Administration | 5.0M | 7.5M | 4.2M | 5.3M |
| General And Administrative Expense | 5.0M | 7.5M | 4.2M | 5.3M |
| Depreciation And Amortization In Income Statement | 645,730 | 690,840 | 652,399 | 790,553 |
| Other Operating Expenses | -- | -7,248 | -6,545 | 1.7M |
| Operating Expense | 5.7M | 8.2M | 4.9M | 7.7M |
| Operating Income | -5.2M | -8.0M | -4.8M | -7.6M |
| EBIT | -3.6M | -8.1M | -4.6M | -5.9M |
| Interest Expense | 1.7M | 1.2M | 1.0M | 1.2M |
| Interest Expense Non Operating | 1.7M | 1.2M | 1.0M | 1.2M |
| Interest Income | -- | -- | -- | 20,000 |
| Interest Income Non Operating | -- | -- | -- | 20,000 |
| Net Interest Income | -1.8M | -1.2M | -860,585 | -1.2M |
| Other Income Expense | 1.8M | -51,312 | 73,328 | 1.8M |
| Other Non Operating Income Expenses | 43,083 | 13,214 | 57,000 | -- |
| Special Income Charges | 193,975 | 9,013 | 0.00 | 870,327 |
| Gain On Sale Of Security | 1.6M | -73,539 | 16,328 | 887,607 |
| Pretax Income | -5.2M | -9.3M | -5.6M | -7.1M |
| Tax Provision | 6,739 | 33,796 | 3,179 | 2,956 |
| Tax Effect Of Unusual Items | 261,619 | -25,810 | 4,280 | 465,853 |
| Net Income From Continuing And Discontinued Operation | -5.2M | -9.4M | -5.6M | -7.1M |
| Net Income From Continuing Operation Net Minority Interest | -5.2M | -9.4M | -5.6M | -7.1M |
| Net Income Including Noncontrolling Interests | -5.2M | -9.4M | -5.6M | -7.1M |
| Net Income Common Stockholders | -5.2M | -9.4M | -5.6M | -7.1M |
| Net Income | -5.2M | -9.4M | -5.6M | -7.1M |
| EBITDA | -2.9M | -7.4M | -3.9M | -5.1M |
| Normalized EBITDA | -4.6M | -7.3M | -3.9M | -6.8M |
| Reconciled Depreciation | 645,730 | 690,840 | 652,399 | 790,553 |
| Basic EPS | -0.02 | -0.05 | -0.06 | -0.10 |
| Diluted EPS | -0.02 | -0.05 | -0.06 | -0.10 |
| Basic Average Shares | 214.4M | 167.7M | 90.1M | 68.7M |
| Diluted Average Shares | 214.4M | 167.7M | 90.1M | 68.7M |
| Total Unusual Items | 1.7M | -64,526 | 16,328 | 1.8M |
| Total Unusual Items Excluding Goodwill | 1.7M | -64,526 | 16,328 | 1.8M |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.26 | 0.27 |
| Normalized Income | -6.7M | -9.3M | -5.6M | -8.4M |
| Depreciation Amortization Depletion Income Statement | 645,730 | 690,840 | 652,399 | 790,553 |
| Diluted NI Availto Com Stockholders | -5.2M | -9.4M | -5.6M | -7.1M |
| Net Income Continuous Operations | -5.2M | -9.4M | -5.6M | -7.1M |
| Net Non Operating Interest Income Expense | -1.8M | -1.2M | -860,585 | -1.2M |
| Other Gand A | 3.6M | 5.4M | 2.9M | 2.7M |
| Other Special Charges | -193,975 | -9,013 | -- | -870,327 |
| Reconciled Cost Of Revenue | 487,942 | 166,562 | 53,190 | 45,424 |
| Rent And Landing Fees | 182,689 | 111,715 | 92,014 | 208,369 |
| Rent Expense Supplemental | 182,689 | 111,715 | 92,014 | 208,369 |
| Salaries And Wages | 1.2M | 2.1M | 1.3M | 2.4M |
| Selling And Marketing Expense | -- | -- | -- | 6.0M |
| Total Expenses | 6.2M | 8.4M | 4.9M | 7.8M |
| Total Operating Income As Reported | -5.2M | -8.0M | -4.8M | -7.7M |
| Total Other Finance Cost | 180,159 | -- | -150,907 | -6,187 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 6.9M | 464,456 | 131,450 | 1.7M |
| Cash Cash Equivalents And Short Term Investments | 6.9M | 464,456 | 131,450 | 1.7M |
| Cash Financial | -- | 464,456 | 131,450 | 1.7M |
| Accounts Receivable | 99,962 | 20,752 | 5,740 | 11,225 |
| Receivables | 329,516 | 355,223 | 243,378 | 311,281 |
| Inventory | 320,728 | 209,285 | 76,773 | 12,899 |
| Prepaid Assets | 154,672 | 250,461 | 115,231 | 71,971 |
| Current Assets | 7.8M | 1.3M | 566,832 | 2.1M |
| Gross PPE | 34,711 | 49,983 | 176,283 | 40,847 |
| Accumulated Depreciation | -25,308 | -19,113 | -13,480 | -22,577 |
| Net PPE | 9,403 | 30,870 | 162,803 | 18,270 |
| Goodwill | 1.7M | 1.7M | 1.7M | 1.7M |
| Goodwill And Other Intangible Assets | 5.1M | 5.6M | 6.1M | 6.7M |
| Other Intangible Assets | 3.4M | 3.9M | 4.4M | 5.0M |
| Total Non Current Assets | 5.1M | 5.6M | 6.3M | 6.7M |
| Total Assets | 12.9M | 6.9M | 6.8M | 8.8M |
| Current Debt | 574,651 | 2.1M | 83,455 | 325,000 |
| Current Debt And Capital Lease Obligation | 574,651 | 2.2M | 200,206 | 325,000 |
| Accounts Payable | 665,772 | 971,078 | 1.4M | 878,484 |
| Payables | 679,511 | 1.1M | 1.5M | 907,902 |
| Payables And Accrued Expenses | 679,511 | 1.1M | 1.5M | 907,902 |
| Current Deferred Revenue | 82,462 | 52,308 | 36,787 | 0.00 |
| Other Current Liabilities | -- | -- | -- | 325,000 |
| Current Liabilities | 1.3M | 3.3M | 1.7M | 1.2M |
| Long Term Debt | 17.2M | 5.7M | 7.2M | 5.6M |
| Long Term Debt And Capital Lease Obligation | 17.2M | 5.7M | 7.2M | 5.6M |
| Long Term Capital Lease Obligation | -- | 0.00 | 44,072 | 0.00 |
| Other Non Current Liabilities | -- | -- | 175,000 | 345,760 |
| Total Non Current Liabilities Net Minority Interest | 17.2M | 5.7M | 7.4M | 6.0M |
| Total Liabilities Net Minority Interest | 18.6M | 9.0M | 9.1M | 7.2M |
| Common Stock | 23.2M | 21.4M | 15.1M | 14.2M |
| Capital Stock | 23.2M | 21.4M | 15.1M | 14.2M |
| Retained Earnings | -34.4M | -29.3M | -20.6M | -15.8M |
| Gains Losses Not Affecting Retained Earnings | 5.5M | 5.9M | 3.3M | 3.3M |
| Other Equity Adjustments | 5.4M | 5.9M | 3.5M | 3.5M |
| Common Stock Equity | -5.7M | -2.1M | -2.3M | 1.7M |
| Stockholders Equity | -5.7M | -2.1M | -2.3M | 1.7M |
| Total Equity Gross Minority Interest | -5.7M | -2.1M | -2.3M | 1.7M |
| Total Capitalization | 11.6M | 3.7M | 4.9M | 7.3M |
| Net Tangible Assets | -10.8M | -7.6M | -8.4M | -5.0M |
| Tangible Book Value | -10.8M | -7.6M | -8.4M | -5.0M |
| Working Capital | 6.5M | -2.0M | -1.2M | 912,948 |
| Invested Capital | 12.1M | 5.8M | 5.0M | 7.3M |
| Total Debt | 17.8M | 7.9M | 7.4M | 5.6M |
| Net Debt | 10.9M | 7.4M | 7.1M | 3.9M |
| Share Issued | 225.8M | 199.1M | 96.6M | 86.0M |
| Ordinary Shares Number | 225.8M | 199.1M | 96.6M | 86.0M |
| Capital Lease Obligations | 0.00 | 27,114 | 160,823 | 0.00 |
| Current Capital Lease Obligation | 0.00 | 27,114 | 116,751 | 0.00 |
| Current Deferred Assets | -- | -- | -- | 0.00 |
| Current Deferred Liabilities | 82,462 | 52,308 | 36,787 | 0.00 |
| Derivative Product Liabilities | -- | -- | -- | 0.00 |
| Dueto Related Parties Current | 0.00 | 65,731 | 43,628 | 22,418 |
| Finished Goods | 195,046 | 113,136 | -- | -- |
| Foreign Currency Translation Adjustments | 39,594 | -35,114 | -228,564 | -245,572 |
| Income Tax Payable | 6,739 | 25,473 | 0.00 | -- |
| Machinery Furniture Equipment | 34,711 | 24,336 | 21,314 | 40,847 |
| Other Current Borrowings | 574,651 | 2.1M | 83,455 | 325,000 |
| Other Inventories | 125,682 | 96,149 | -- | -- |
| Other Payable | 7,000 | 7,000 | 7,000 | 7,000 |
| Other Properties | -- | 25,647 | 154,969 | -- |
| Raw Materials | 125,682 | 96,149 | -- | -- |
| Restricted Cash | 51,944 | 50,375 | 0.00 | 0.00 |
| Taxes Receivable | 229,554 | 334,471 | 237,638 | 300,056 |
| Total Tax Payable | 6,739 | 25,473 | 0.00 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -4.7M | -6.7M | -2.1M | -4.1M |
| Cash Flow From Continuing Operating Activities | -4.7M | -6.7M | -2.1M | -4.1M |
| Depreciation And Amortization | 645,730 | 690,840 | 652,399 | 790,553 |
| Depreciation Amortization Depletion | 645,730 | 690,840 | 652,399 | 790,553 |
| Stock Based Compensation | 94,689 | 1.4M | 431,746 | 1.3M |
| Deferred Tax | 6,739 | 33,796 | 3,179 | 2,956 |
| Deferred Income Tax | 6,739 | 33,796 | 3,179 | 2,956 |
| Change In Working Capital | -339,775 | -725,788 | 603,804 | -227,866 |
| Change In Receivables | 104,917 | -96,833 | 62,418 | -157,867 |
| Change In Inventory | -111,443 | -132,512 | -63,874 | -3,186 |
| Change In Payables And Accrued Expense | -459,192 | -376,734 | 611,733 | -33,826 |
| Change In Payable | -459,192 | -376,734 | 611,733 | -33,826 |
| Change In Other Working Capital | 30,154 | 15,521 | 36,787 | -- |
| Other Non Cash Items | 2.2M | 1.2M | 1.8M | 1.1M |
| Capital Expenditure | -10,375 | -3,022 | -1,007 | -3,574 |
| Purchase Of PPE | -10,375 | -3,022 | -1,007 | -3,574 |
| Net PPE Purchase And Sale | -10,375 | -3,022 | -1,007 | -3,574 |
| Sale Of Business | -- | -- | 0.00 | 5,292 |
| Investing Cash Flow | -11,944 | -53,397 | -1,007 | 1,718 |
| Cash Flow From Continuing Investing Activities | -11,944 | -53,397 | -1,007 | 1,718 |
| Issuance Of Debt | 10.0M | 6.6M | 0.00 | 125,000 |
| Repayment Of Debt | -27,793 | -871,282 | -83,887 | -50,000 |
| Net Issuance Payments Of Debt | 10.0M | 5.7M | -83,887 | 75,000 |
| Issuance Of Capital Stock | -- | 6.6M | 672,668 | 5.5M |
| Net Common Stock Issuance | -- | 6.6M | 672,668 | 5.5M |
| Financing Cash Flow | 11.2M | 7.1M | 513,781 | 5.6M |
| Cash Flow From Continuing Financing Activities | 11.2M | 7.1M | 513,781 | 5.6M |
| Effect Of Exchange Rate Changes | 0.00 | 0.00 | 0.00 | -16,991 |
| Changes In Cash | 6.5M | 333,006 | -1.6M | 1.5M |
| Beginning Cash Position | 464,456 | 131,450 | 1.7M | 276,349 |
| End Cash Position | 6.9M | 464,456 | 131,450 | 1.7M |
| Free Cash Flow | -4.7M | -6.7M | -2.1M | -4.1M |
| Amortization Cash Flow | 613,613 | 606,408 | -- | -- |
| Amortization Of Intangibles | 613,613 | 606,408 | -- | -- |
| Change In Account Payable | -459,192 | -376,734 | 611,733 | -33,826 |
| Change In Prepaid Assets | 95,789 | -135,230 | -43,260 | -32,987 |
| Common Stock Issuance | -- | 6.6M | 672,668 | 5.5M |
| Depreciation | 32,117 | 84,432 | 652,399 | -- |
| Gain Loss On Investment Securities | -1.7M | -40,000 | -- | -- |
| Interest Paid Cfo | -- | -- | 0.00 | -7,500 |
| Long Term Debt Issuance | 10.0M | 6.6M | 0.00 | 125,000 |
| Long Term Debt Payments | -27,793 | -871,282 | -83,887 | -50,000 |
| Net Business Purchase And Sale | -- | -- | 0.00 | 5,292 |
| Net Foreign Currency Exchange Gain Loss | 108,805 | 113,539 | -- | -- |
| Net Income From Continuing Operations | -5.2M | -9.4M | -5.6M | -7.1M |
| Net Long Term Debt Issuance | 10.0M | 5.7M | -83,887 | 75,000 |
| Net Other Financing Charges | -- | -- | -75,000 | -- |
| Net Other Investing Changes | -1,569 | -50,375 | -- | -- |
| Net Short Term Debt Issuance | -- | -- | -- | 0.00 |
| Operating Gains Losses | -2.0M | 64,526 | -- | -- |
| Proceeds From Stock Option Exercised | 1.2M | 1.4M | 0.00 | 0.00 |
| Short Term Debt Issuance | -- | -- | -- | 0.00 |
| Taxes Refund Paid | 0.00 | -8,323 | -3,179 | -2,956 |