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 | 3.1M | 2.1M | 4.1M | 1.1M |
| General And Administrative Expense | 3.1M | 2.1M | 4.1M | 1.1M |
| Research And Development | 1.9M | 1.5M | 1.4M | 573,000 |
| Depreciation And Amortization In Income Statement | 30,000 | 21,000 | 14,000 | 0.00 |
| Operating Expense | 5.0M | 3.7M | 5.5M | 1.7M |
| Operating Income | -5.0M | -3.7M | -5.5M | -1.7M |
| EBIT | -5.0M | -3.6M | -8.1M | -1.6M |
| Interest Expense | 16,000 | 3,000 | 33,000 | 12,000 |
| Interest Expense Non Operating | 16,000 | 3,000 | 33,000 | 12,000 |
| Net Interest Income | 31,000 | 42,000 | -18,000 | -13,000 |
| Other Income Expense | -65,000 | -24,000 | -2.6M | 79,000 |
| Other Non Operating Income Expenses | -42,000 | -22,000 | -66,000 | -12,000 |
| Special Income Charges | -- | 0.00 | -2.1M | 0.00 |
| Restructuring And Mergern Acquisition | -- | 0.00 | 2.1M | 0.00 |
| Gain On Sale Of Security | -23,000 | -2,000 | -466,000 | 79,000 |
| Pretax Income | -5.0M | -3.6M | -8.2M | -1.6M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -5.0M | -3.6M | -8.2M | -1.6M |
| Net Income From Continuing Operation Net Minority Interest | -5.0M | -3.6M | -8.2M | -1.6M |
| Net Income Including Noncontrolling Interests | -5.0M | -3.6M | -8.2M | -1.6M |
| Net Income Common Stockholders | -5.0M | -3.6M | -8.2M | -1.6M |
| Net Income | -5.0M | -3.6M | -8.2M | -1.6M |
| EBITDA | -4.9M | -3.6M | -8.1M | -1.6M |
| Normalized EBITDA | -4.9M | -3.6M | -5.6M | -1.7M |
| Reconciled Depreciation | 85,000 | 33,000 | 6,000 | 0.00 |
| Basic EPS | -0.08 | -0.08 | -0.22 | -0.04 |
| Diluted EPS | -0.08 | -0.08 | -0.22 | -0.04 |
| Basic Average Shares | 65.4M | 44.7M | 37.7M | 42.4M |
| Diluted Average Shares | 65.4M | 44.7M | 37.7M | 42.4M |
| Total Unusual Items | -23,000 | -2,000 | -2.5M | 79,000 |
| Total Unusual Items Excluding Goodwill | -23,000 | -2,000 | -2.5M | 79,000 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -5.0M | -3.6M | -5.6M | -1.7M |
| Amortization | -- | -- | 14,000 | 0.00 |
| Amortization Of Intangibles Income Statement | -- | -- | 14,000 | 0.00 |
| Depreciation Amortization Depletion Income Statement | 30,000 | 21,000 | 14,000 | 0.00 |
| Depreciation Income Statement | 30,000 | 21,000 | 14,000 | 0.00 |
| Diluted NI Availto Com Stockholders | -5.0M | -3.6M | -8.2M | -1.6M |
| Insurance And Claims | 43,000 | 73,000 | 54,000 | 0.00 |
| Net Income Continuous Operations | -5.0M | -3.6M | -8.2M | -1.6M |
| Net Non Operating Interest Income Expense | 31,000 | 42,000 | -18,000 | -13,000 |
| Other Gand A | 1.7M | 915,000 | 3.3M | 791,000 |
| Salaries And Wages | 1.4M | 1.1M | 806,000 | 349,000 |
| Total Expenses | 5.0M | 3.7M | 5.5M | 1.7M |
| Total Operating Income As Reported | -5.0M | -3.7M | -7.6M | -1.7M |
| Total Other Finance Cost | -47,000 | -45,000 | -15,000 | 1,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 700,000 | 541,000 | 2.5M | 2.2M |
| Cash Cash Equivalents And Short Term Investments | 700,000 | 541,000 | 2.5M | 2.2M |
| Cash Equivalents | 139,000 | 0.00 | 2.3M | 0.00 |
| Cash Financial | 561,000 | 541,000 | 204,000 | 2.2M |
| Receivables | 127,000 | 98,000 | 52,000 | 517,000 |
| Prepaid Assets | 766,000 | 114,000 | 123,000 | 86,000 |
| Current Assets | 1.6M | 2.0M | 2.7M | 2.8M |
| Gross PPE | 878,000 | 201,000 | 102,000 | 0.00 |
| Accumulated Depreciation | -71,000 | -13,000 | -1,000 | 0.00 |
| Net PPE | 807,000 | 188,000 | 101,000 | 0.00 |
| Other Non Current Assets | -- | -- | 1,000 | -- |
| Total Non Current Assets | 807,000 | 188,000 | 102,000 | 0.00 |
| Total Assets | 2.4M | 2.2M | 2.8M | 2.8M |
| Current Debt | -- | -- | -- | 1.0M |
| Current Debt And Capital Lease Obligation | 2,000 | 18,000 | 24,000 | 1.0M |
| Payables | 57,000 | 50,000 | 123,000 | 163,000 |
| Payables And Accrued Expenses | 396,000 | 598,000 | 579,000 | 346,000 |
| Current Accrued Expenses | 339,000 | 548,000 | 456,000 | 183,000 |
| Current Deferred Revenue | 0.00 | 95,000 | 0.00 | -- |
| Other Current Liabilities | -- | 1.2M | -- | 242,000 |
| Current Liabilities | 398,000 | 1.9M | 603,000 | 1.6M |
| Long Term Debt And Capital Lease Obligation | 31,000 | 2,000 | 20,000 | 0.00 |
| Long Term Capital Lease Obligation | 31,000 | 2,000 | 20,000 | 0.00 |
| Other Non Current Liabilities | -- | -- | 95,000 | 28,000 |
| Total Non Current Liabilities Net Minority Interest | 282,000 | 73,000 | 95,000 | 28,000 |
| Total Liabilities Net Minority Interest | 680,000 | 2.0M | 698,000 | 1.7M |
| Common Stock | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Paid In Capital | 19.5M | 13.3M | 11.2M | 3.3M |
| Retained Earnings | -19.1M | -14.1M | -10.4M | -2.2M |
| Gains Losses Not Affecting Retained Earnings | -202,000 | -45,000 | -73,000 | -5,000 |
| Common Stock Equity | 1.8M | 189,000 | 2.1M | 1.2M |
| Stockholders Equity | 1.8M | 189,000 | 2.1M | 1.2M |
| Total Equity Gross Minority Interest | 1.8M | 189,000 | 2.1M | 1.2M |
| Total Capitalization | 1.8M | 189,000 | 2.1M | 1.2M |
| Net Tangible Assets | 1.8M | 189,000 | 2.1M | 1.2M |
| Tangible Book Value | 1.8M | 189,000 | 2.1M | 1.2M |
| Working Capital | 1.2M | 74,000 | 2.1M | 1.2M |
| Invested Capital | 1.8M | 189,000 | 2.1M | 2.2M |
| Total Debt | 33,000 | 20,000 | 44,000 | 1.0M |
| Share Issued | 71.1M | 48.2M | 42.9M | 42.9M |
| Ordinary Shares Number | 71.1M | 48.2M | 42.9M | 42.9M |
| Capital Lease Obligations | 33,000 | 20,000 | 44,000 | 0.00 |
| Current Capital Lease Obligation | 2,000 | 18,000 | 24,000 | 0.00 |
| Current Deferred Liabilities | 0.00 | 95,000 | 0.00 | -- |
| Current Notes Payable | -- | -- | 0.00 | 1.0M |
| Duefrom Related Parties Current | -- | -- | 0.00 | 451,000 |
| Dueto Related Parties Current | -- | 0.00 | 22,000 | 0.00 |
| Foreign Currency Translation Adjustments | -202,000 | -45,000 | -73,000 | -5,000 |
| Leases | 348,000 | 0.00 | -- | -- |
| Machinery Furniture Equipment | 493,000 | 201,000 | 102,000 | 0.00 |
| Non Current Deferred Liabilities | 173,000 | 0.00 | -- | -- |
| Non Current Deferred Revenue | 173,000 | 0.00 | -- | -- |
| Other Equity Interest | 1.6M | 992,000 | 1.3M | 174,000 |
| Other Payable | 57,000 | 50,000 | 101,000 | 163,000 |
| Other Properties | 37,000 | -- | -- | -- |
| Other Receivables | 3,000 | 9,000 | 4,000 | -- |
| Properties | 0.00 | 0.00 | -- | -- |
| Restricted Cash | 41,000 | 1.2M | 54,000 | 19,000 |
| Taxes Receivable | 124,000 | 89,000 | 48,000 | 66,000 |
| Tradeand Other Payables Non Current | 78,000 | 71,000 | 75,000 | 28,000 |
| Treasury Shares Number | -- | 0.00 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -4.9M | -2.9M | -3.8M | -1.2M |
| Cash Flow From Continuing Operating Activities | -4.9M | -2.9M | -3.8M | -1.2M |
| Depreciation And Amortization | 85,000 | 33,000 | 6,000 | 0.00 |
| Depreciation Amortization Depletion | 85,000 | 33,000 | 6,000 | 0.00 |
| Stock Based Compensation | 935,000 | 639,000 | 233,000 | 174,000 |
| Change In Working Capital | -923,000 | 4,000 | 237,000 | 289,000 |
| Change In Receivables | -88,000 | -11,000 | -10,000 | -55,000 |
| Change In Payables And Accrued Expense | -102,000 | 47,000 | -29,000 | 257,000 |
| Change In Payable | -102,000 | 47,000 | -29,000 | 257,000 |
| Change In Other Working Capital | -133,000 | -32,000 | 276,000 | 87,000 |
| Other Non Cash Items | 58,000 | 22,000 | 3.7M | 12,000 |
| Capital Expenditure | -649,000 | -120,000 | -52,000 | -- |
| Purchase Of PPE | -649,000 | -120,000 | -52,000 | 0.00 |
| Net PPE Purchase And Sale | -649,000 | -120,000 | -52,000 | 0.00 |
| Investing Cash Flow | -658,000 | -97,000 | -89,000 | -19,000 |
| Cash Flow From Continuing Investing Activities | -658,000 | -97,000 | -89,000 | -19,000 |
| Issuance Of Debt | -- | 0.00 | 111,000 | 1.1M |
| Repayment Of Debt | -30,000 | -28,000 | -15,000 | 0.00 |
| Net Issuance Payments Of Debt | -30,000 | -28,000 | 96,000 | 1.1M |
| Issuance Of Capital Stock | 2.7M | 1.1M | 2.3M | 2.2M |
| Net Common Stock Issuance | 2.7M | 1.1M | 2.3M | 2.2M |
| Financing Cash Flow | 5.9M | 1.1M | 4.3M | 3.5M |
| Cash Flow From Continuing Financing Activities | 5.9M | 1.1M | 4.3M | 3.5M |
| Effect Of Exchange Rate Changes | -173,000 | -16,000 | -109,000 | 0.00 |
| Changes In Cash | 332,000 | -1.9M | 358,000 | 2.2M |
| Beginning Cash Position | 541,000 | 2.5M | 2.2M | 2,000 |
| End Cash Position | 700,000 | 541,000 | 2.5M | 2.2M |
| Free Cash Flow | -5.5M | -3.1M | -3.9M | -1.2M |
| Change In Prepaid Assets | -600,000 | 0.00 | -- | -- |
| Common Stock Issuance | 2.7M | 1.1M | 2.3M | 2.2M |
| Depreciation | 85,000 | 33,000 | -- | -- |
| Gain Loss On Investment Securities | -- | -- | 158,000 | -60,000 |
| Long Term Debt Payments | -30,000 | -28,000 | -15,000 | 0.00 |
| Net Income From Continuing Operations | -5.0M | -3.6M | -8.2M | -1.6M |
| Net Long Term Debt Issuance | -30,000 | -28,000 | -15,000 | 0.00 |
| Net Other Financing Charges | 71,000 | 95,000 | 1.7M | 118,000 |
| Net Other Investing Changes | -9,000 | 23,000 | -37,000 | -19,000 |
| Net Short Term Debt Issuance | -- | 0.00 | 111,000 | 1.1M |
| Operating Gains Losses | -- | -- | 158,000 | -60,000 |
| Proceeds From Stock Option Exercised | 3.1M | 0.00 | 148,000 | 0.00 |
| Short Term Debt Issuance | -- | 0.00 | 111,000 | 1.1M |