Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Total Revenue | 16.3M | 18.5M | 4.5M | 0.00 | 0.00 | -- |
| Operating Revenue | 16.3M | 18.5M | 4.5M | 0.00 | 0.00 | -- |
| Cost Of Revenue | 19.4M | 20.3M | 4.4M | 11,782 | 0.00 | -- |
| Gross Profit | -3.1M | -1.8M | 31,000 | -11,782 | 0.00 | -- |
| Selling General And Administration | 2.8M | 2.8M | 3.0M | 3.5M | 2.6M | -- |
| General And Administrative Expense | 2.8M | 2.8M | 3.0M | 3.5M | 2.6M | -- |
| Other Operating Expenses | 2.7M | 1.9M | 1.3M | 2.2M | 2.5M | -- |
| Operating Expense | 8.7M | 8.4M | 4.8M | 5.8M | 5.1M | -- |
| Operating Income | -11.8M | -10.3M | -4.8M | -5.8M | -5.1M | -- |
| EBIT | -11.7M | -10.7M | 29.4M | -4.7M | -4.5M | -- |
| Interest Expense | 1.2M | 1.1M | 255,000 | 2,202 | 33,000 | -- |
| Interest Expense Non Operating | 1.2M | 1.1M | 255,000 | 2,202 | 33,000 | -- |
| Interest Income | -- | -- | -- | 96,735 | 66,821 | 97,488 |
| Interest Income Non Operating | -- | -- | -- | 96,735 | 66,821 | 97,488 |
| Net Interest Income | -1.6M | -1.3M | -332,000 | 94,533 | -33,000 | -- |
| Other Income Expense | 421,000 | -171,000 | 34.2M | 983,243 | 630,000 | -- |
| Other Non Operating Income Expenses | 42,000 | 220,000 | 117,000 | 928,266 | 629,000 | -- |
| Special Income Charges | -92,000 | -86,000 | 34.1M | -- | 0.00 | 0.00 |
| Restructuring And Mergern Acquisition | 92,000 | 86,000 | -34.1M | -- | 0.00 | 0.00 |
| Gain On Sale Of Security | 471,000 | -305,000 | -29,000 | 49,481 | 1,000 | -- |
| Pretax Income | -13.0M | -11.8M | 29.1M | -4.7M | -4.5M | -- |
| Tax Provision | -2.3M | -2.3M | -- | -- | 0.00 | 0.00 |
| Tax Effect Of Unusual Items | 68,099 | -75,349 | 5.1M | 0.00 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | -10.6M | -9.5M | 29.1M | -4.7M | -4.5M | -- |
| Net Income From Continuing Operation Net Minority Interest | -10.6M | -9.5M | 29.1M | -4.7M | -4.5M | -- |
| Net Income Including Noncontrolling Interests | -10.6M | -9.5M | 29.1M | -4.7M | -4.5M | -- |
| Net Income Common Stockholders | -10.6M | -9.5M | 29.1M | -4.7M | -4.5M | -- |
| Net Income | -10.6M | -9.5M | 29.1M | -4.7M | -4.5M | -- |
| EBITDA | -8.5M | -6.8M | 29.6M | -4.7M | -4.4M | -- |
| Normalized EBITDA | -8.9M | -6.4M | -4.5M | -4.8M | -4.4M | -- |
| Reconciled Depreciation | 3.2M | 3.9M | 238,000 | 11,782 | 25,000 | -- |
| Basic EPS | -22.00 | -0.05 | 0.15 | -- | -0.03 | -0.02 |
| Diluted EPS | -22.00 | -0.05 | 0.15 | -- | -0.03 | -0.02 |
| Basic Average Shares | 211.3M | 203.6M | 197.7M | -- | 169.4M | 163.5M |
| Diluted Average Shares | 211.3M | 203.6M | 224.8M | -- | 169.4M | 163.5M |
| Total Unusual Items | 379,000 | -391,000 | 34.1M | 54,977 | 1,000 | -- |
| Total Unusual Items Excluding Goodwill | 379,000 | -391,000 | 34.1M | 54,977 | 1,000 | -- |
| Tax Rate For Calcs | 0.18 | 0.19 | 0.15 | 0.00 | 0.00 | -- |
| Normalized Income | -11.0M | -9.2M | 122,350 | -4.8M | -4.5M | -- |
| Diluted NI Availto Com Stockholders | -10.6M | -9.5M | 29.1M | -4.7M | -4.5M | -- |
| Net Income Continuous Operations | -10.6M | -9.5M | 29.1M | -4.7M | -4.5M | -- |
| Net Non Operating Interest Income Expense | -1.6M | -1.3M | -332,000 | 94,533 | -33,000 | -- |
| Other Gand A | 1.6M | 2.2M | 2.5M | 1.5M | 1.8M | -- |
| Reconciled Cost Of Revenue | 19.4M | 20.3M | 4.4M | 11,782 | 0.00 | -- |
| Salaries And Wages | 1.2M | 600,000 | 494,000 | 1.9M | 816,000 | -- |
| Selling And Marketing Expense | -- | -- | -- | 81,331 | 66,968 | 55,374 |
| Total Expenses | 28.1M | 28.7M | 9.2M | 5.8M | 5.1M | -- |
| Total Operating Income As Reported | -11.8M | -10.2M | -4.7M | -- | -5.1M | -4.6M |
| Total Other Finance Cost | 324,000 | 272,000 | 77,000 | -- | -- | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 63.1M | 27.0M | 38.2M | 17.5M | 3.9M | -- |
| Cash Cash Equivalents And Short Term Investments | 63.1M | 27.0M | 38.3M | 17.6M | 4.0M | -- |
| Cash Financial | 63.1M | 27.0M | 38.2M | 17.5M | 3.9M | -- |
| Other Short Term Investments | -- | -- | 58,000 | 41,021 | 42,341 | 41,905 |
| Accounts Receivable | 25.7M | 16.6M | 5.1M | 1.4M | 2.4M | -- |
| Receivables | 29.4M | 17.9M | 6.2M | 3.0M | 2.4M | -- |
| Inventory | 8.0M | 8.1M | 8.3M | -- | -- | -- |
| Prepaid Assets | 789,000 | 419,000 | 482,000 | 212,925 | 283,732 | -- |
| Current Assets | 102.0M | 54.2M | 54.2M | 21.0M | 6.7M | -- |
| Gross PPE | 116.7M | 112.4M | 110.3M | 17.9M | 17.8M | -- |
| Accumulated Depreciation | -7.5M | -4.3M | -439,000 | -200,815 | -194,455 | -- |
| Net PPE | 109.1M | 108.1M | 109.9M | 17.7M | 17.6M | -- |
| Other Non Current Assets | 1.0M | 1.0M | 3.9M | 902,583 | 893,811 | -- |
| Total Non Current Assets | 110.7M | 109.3M | 113.9M | 18.6M | 18.5M | -- |
| Total Assets | 212.7M | 163.5M | 168.1M | 39.6M | 25.2M | -- |
| Current Debt And Capital Lease Obligation | 39,000 | 25,000 | 32,000 | 35,936 | 40,036 | -- |
| Accounts Payable | 5.8M | 10.9M | 5.9M | 1.3M | 1.9M | -- |
| Payables | 11.2M | 14.0M | 5.9M | 1.3M | 2.9M | -- |
| Payables And Accrued Expenses | 27.8M | 18.6M | 11.2M | 3.6M | 5.8M | -- |
| Current Accrued Expenses | 16.6M | 4.6M | 5.3M | 2.3M | 2.9M | -- |
| Current Deferred Revenue | 3.7M | 3.7M | 3.7M | -- | -- | -- |
| Other Current Liabilities | -- | -- | -- | -- | -- | -1.00 |
| Current Liabilities | 31.6M | 22.3M | 14.9M | 3.6M | 5.8M | -- |
| Long Term Debt | 15.3M | 14.9M | 14.5M | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 15.3M | 14.9M | 14.5M | 10,123 | 16,014 | -- |
| Long Term Capital Lease Obligation | 0.00 | 0.00 | 4,000 | 10,123 | 16,014 | -- |
| Other Non Current Liabilities | 6.8M | 6.8M | 6.7M | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 63.1M | 65.3M | 68.6M | 884,666 | 868,531 | -- |
| Total Liabilities Net Minority Interest | 94.7M | 87.6M | 83.5M | 4.5M | 6.7M | -- |
| Common Stock | 135.3M | 83.8M | 83.5M | 71.3M | 50.0M | -- |
| Capital Stock | 135.3M | 83.8M | 83.5M | 71.3M | 50.0M | -- |
| Retained Earnings | -32.7M | -22.0M | -12.5M | -41.6M | -36.9M | -- |
| Common Stock Equity | 118.0M | 75.9M | 84.6M | 35.0M | 18.5M | -- |
| Stockholders Equity | 118.0M | 75.9M | 84.6M | 35.0M | 18.5M | -- |
| Total Equity Gross Minority Interest | 118.0M | 75.9M | 84.6M | 35.0M | 18.5M | -- |
| Total Capitalization | 133.2M | 90.8M | 99.1M | 35.0M | 18.5M | -- |
| Net Tangible Assets | 118.0M | 75.9M | 84.6M | 35.0M | 18.5M | -- |
| Tangible Book Value | 118.0M | 75.9M | 84.6M | 35.0M | 18.5M | -- |
| Working Capital | 70.4M | 31.9M | 39.3M | 17.4M | 871,055 | -- |
| Invested Capital | 133.2M | 90.8M | 99.1M | 35.0M | 18.5M | -- |
| Total Debt | 15.3M | 14.9M | 14.6M | 46,059 | 56,050 | -- |
| Share Issued | 234.8M | 204.0M | 203.5M | 194.9M | 172.9M | -- |
| Ordinary Shares Number | 234.8M | 204.0M | 203.5M | 194.9M | 172.9M | -- |
| Capital Lease Obligations | 39,000 | 25,000 | 36,000 | 46,059 | 56,050 | -- |
| Current Capital Lease Obligation | 39,000 | 25,000 | 32,000 | 35,936 | 40,036 | -- |
| Current Deferred Assets | 594,000 | 780,000 | 933,000 | 198,320 | -- | -- |
| Current Deferred Liabilities | 3.7M | 3.7M | 3.7M | 0.00 | -- | -- |
| Financial Assets | 521,000 | 214,000 | 107,000 | -- | -- | -- |
| Line Of Credit | -- | -- | -- | 0.00 | -- | -- |
| Long Term Provisions | 10.6M | 10.0M | 9.9M | 874,543 | 852,517 | -- |
| Machinery Furniture Equipment | 56.8M | 55.3M | -- | 113,211 | 108,917 | 108,917 |
| Non Current Deferred Liabilities | 30.4M | 33.6M | 37.4M | -- | -- | -- |
| Non Current Deferred Revenue | 12.4M | 13.3M | 14.9M | -- | -- | -- |
| Non Current Deferred Taxes Liabilities | 16.0M | 18.4M | 20.7M | -- | -- | -- |
| Other Equity Interest | 15.4M | 14.2M | 13.7M | 5.4M | 5.5M | -- |
| Other Payable | 5.4M | 3.0M | -- | -- | 928,266 | 1.5M |
| Other Properties | 166,000 | 141,000 | 53.9M | 17.7M | 17.7M | -- |
| Other Receivables | 2.7M | 231,000 | 300,000 | 500,000 | -- | -- |
| Raw Materials | 8.0M | 8.1M | 8.3M | -- | -- | -- |
| Taxes Receivable | 985,000 | 1.1M | 797,000 | 1.2M | -- | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -10.8M | -11.6M | -2.6M | -7.1M | -3.6M | -- |
| Cash Flow From Continuing Operating Activities | -10.8M | -11.6M | -10.2M | -7.1M | -3.6M | -- |
| Depreciation And Amortization | -- | -- | 238,000 | 11,782 | 25,276 | 25,041 |
| Depreciation Amortization Depletion | 3.2M | 3.9M | 238,000 | 11,782 | 25,000 | -- |
| Stock Based Compensation | 1.2M | 600,000 | 494,000 | 316,460 | 816,000 | -- |
| Deferred Tax | -2.3M | -2.3M | -- | -- | 0.00 | 0.00 |
| Deferred Income Tax | -2.3M | -2.3M | -- | -- | 0.00 | 0.00 |
| Change In Working Capital | -2.5M | -4.2M | -3.8M | -1.6M | 548,000 | -- |
| Changes In Account Receivables | -- | -- | -3.2M | -- | -- | -36,210 |
| Change In Receivables | -11.5M | -11.8M | -3.2M | -621,955 | -1.2M | -- |
| Change In Inventory | 107,000 | 185,000 | -350,000 | -- | 0.00 | 0.00 |
| Change In Payables And Accrued Expense | 9.2M | 7.3M | 0.00 | -1.1M | 1.7M | -- |
| Change In Payable | 9.2M | 7.3M | -- | -- | 1.7M | 635,000 |
| Other Non Cash Items | 736,000 | -60,000 | -28.7M | -931,970 | -527,000 | -- |
| Capital Expenditure | -4.2M | -2.1M | -- | -10,294 | -77.00 | -6,000 |
| Purchase Of PPE | -4.2M | -2.1M | 0.00 | -10,294 | 0.00 | -- |
| Net PPE Purchase And Sale | -4.2M | -2.1M | 0.00 | -4,220 | 0.00 | -- |
| Investing Cash Flow | -3.6M | 846,000 | -8.0M | -4,220 | 0.00 | -- |
| Cash Flow From Continuing Investing Activities | -3.6M | 846,000 | -8.0M | -4,220 | 0.00 | -- |
| Issuance Of Debt | 0.00 | 0.00 | 22.3M | -- | 0.00 | 0.00 |
| Repayment Of Debt | -11,000 | -11,000 | -12,000 | -11,158 | -12,000 | -- |
| Net Issuance Payments Of Debt | -11,000 | -11,000 | 22.3M | -11,158 | -12,000 | -- |
| Issuance Of Capital Stock | 47.4M | 0.00 | 9.4M | 20.3M | 0.00 | -- |
| Net Common Stock Issuance | 47.4M | 0.00 | 9.4M | 20.3M | 0.00 | -- |
| Financing Cash Flow | 50.5M | -519,000 | 31.3M | 20.7M | 3.2M | -- |
| Cash Flow From Continuing Financing Activities | 50.5M | -519,000 | 31.3M | 20.7M | 3.2M | -- |
| Changes In Cash | 36.1M | -11.2M | 20.7M | 13.6M | -478,000 | -- |
| Beginning Cash Position | 27.0M | 38.2M | 17.5M | 3.9M | 4.4M | -- |
| End Cash Position | 63.1M | 27.0M | 38.2M | 17.5M | 3.9M | -- |
| Free Cash Flow | -15.0M | -13.6M | -2.6M | -7.1M | -3.6M | -- |
| Income Tax Paid Supplemental Data | 8,000 | 0.00 | 0.00 | -- | 0.00 | 0.00 |
| Interest Paid Supplemental Data | 897,000 | 615,000 | 0.00 | -- | 0.00 | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 |
| Change In Account Payable | 6.8M | 4.3M | -- | -- | 1.7M | 635,000 |
| Change In Income Tax Payable | -- | -- | 0.00 | -- | -- | -- |
| Change In Prepaid Assets | -370,000 | 63,000 | -269,000 | 70,807 | 0.00 | -- |
| Change In Tax Payable | -- | -- | 0.00 | -- | -- | -- |
| Common Stock Issuance | 47.4M | 0.00 | 9.4M | 20.3M | 0.00 | -- |
| Depreciation | -- | -- | 238,000 | 11,782 | 25,276 | 25,041 |
| Gain Loss On Investment Securities | -307,000 | -107,000 | 2,000 | -- | -- | -- |
| Gain Loss On Sale Of Business | -- | 0.00 | -36.6M | -- | -- | 0.00 |
| Interest Paid Cff | -900,000 | -615,000 | -173,000 | -- | 0.00 | 0.00 |
| Long Term Debt Issuance | 0.00 | 0.00 | 22.3M | -- | 0.00 | 0.00 |
| Long Term Debt Payments | -11,000 | -11,000 | -12,000 | -11,158 | -12,000 | -- |
| Net Foreign Currency Exchange Gain Loss | -102,000 | 101,000 | -- | -- | 1,000 | 0.00 |
| Net Income From Continuing Operations | -10.6M | -9.5M | 29.1M | -4.7M | -4.5M | -- |
| Net Long Term Debt Issuance | -11,000 | -11,000 | 22.3M | -11,158 | -12,000 | -- |
| Net Other Financing Charges | -137,000 | -119,000 | -812,000 | -- | -- | -- |
| Net Other Investing Changes | 666,000 | 2.9M | -8.0M | 0.00 | -248.00 | -- |
| Operating Gains Losses | -409,000 | -6,000 | 2,000 | -- | 1,000 | -- |
| Proceeds From Stock Option Exercised | 4.1M | 226,000 | 612,000 | 579,816 | 3.2M | -- |