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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Selling General And Administration | 763,000 | 1.1M | 1.1M | 822,000 | 782,000 | -- |
| General And Administrative Expense | 763,000 | 1.1M | 1.1M | 822,000 | 782,000 | -- |
| Research And Development | 703,000 | 697,000 | 618,000 | 632,000 | 503,000 | -- |
| Operating Expense | 1.5M | 1.8M | 1.7M | 1.5M | 1.3M | -- |
| Operating Income | -1.5M | -1.8M | -1.7M | -1.5M | -1.3M | -- |
| EBIT | -1.4M | -1.8M | -1.7M | -1.5M | -1.2M | -- |
| Interest Expense | 20,000 | 33,000 | 11,000 | 1,000 | 2,000 | -- |
| Interest Expense Non Operating | 20,000 | 33,000 | 11,000 | 1,000 | 2,000 | -- |
| Interest Income | 21,000 | 9,000 | 33,000 | -- | 37,000 | 16,000 |
| Interest Income Non Operating | 21,000 | 9,000 | 33,000 | -- | 37,000 | 16,000 |
| Net Interest Income | 1,000 | -24,000 | 22,000 | 3,000 | 35,000 | -- |
| Pretax Income | -1.5M | -1.8M | -1.7M | -1.5M | -1.2M | -- |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | -1.5M | -1.8M | -1.7M | -1.5M | -1.2M | -- |
| Net Income From Continuing Operation Net Minority Interest | -1.5M | -1.8M | -1.7M | -1.5M | -1.2M | -- |
| Net Income Including Noncontrolling Interests | -1.5M | -1.8M | -1.7M | -1.5M | -1.2M | -- |
| Net Income Common Stockholders | -1.5M | -1.8M | -1.7M | -1.5M | -1.2M | -- |
| Net Income | -1.5M | -1.8M | -1.7M | -1.5M | -1.2M | -- |
| EBITDA | -1.4M | -1.8M | -1.6M | -1.5M | -1.2M | -- |
| Normalized EBITDA | -1.4M | -1.8M | -1.6M | -1.5M | -1.2M | -- |
| Reconciled Depreciation | 47,000 | 42,000 | 43,000 | 39,000 | 18,000 | -- |
| Basic EPS | -0.02 | -0.02 | -0.02 | -- | -0.02 | -0.02 |
| Diluted EPS | -0.02 | -0.02 | -0.02 | -- | -0.02 | -0.02 |
| Basic Average Shares | 77.6M | 76.0M | 73.6M | -- | 63.5M | 61.5M |
| Diluted Average Shares | 77.6M | 76.0M | 73.6M | -- | 63.5M | 61.5M |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Normalized Income | -1.5M | -1.8M | -1.7M | -1.5M | -1.2M | -- |
| Diluted NI Availto Com Stockholders | -1.5M | -1.8M | -1.7M | -1.5M | -1.2M | -- |
| Net Income Continuous Operations | -1.5M | -1.8M | -1.7M | -1.5M | -1.2M | -- |
| Net Non Operating Interest Income Expense | 1,000 | -24,000 | 22,000 | 3,000 | 35,000 | -- |
| Other Gand A | 763,000 | 1.1M | 1.1M | -613,000 | 782,000 | -- |
| Total Expenses | 1.5M | 1.8M | 1.7M | 1.5M | 1.3M | -- |
| Total Operating Income As Reported | -1.5M | -1.8M | -1.7M | -1.5M | -1.3M | -- |
| 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 | 983,000 | 1.2M | 588,000 | 700,000 | 2.5M | -- |
| Cash Cash Equivalents And Short Term Investments | 983,000 | 1.2M | 588,000 | 700,000 | 2.5M | -- |
| Cash Equivalents | -- | -- | -- | 139,000 | -- | -- |
| Cash Financial | -- | -- | -- | 561,000 | -- | -- |
| Receivables | 122,000 | 84,000 | 135,000 | 127,000 | 259,000 | -- |
| Prepaid Assets | 0.00 | 600,000 | 600,000 | 766,000 | -- | -- |
| Current Assets | 1.1M | 2.0M | 1.4M | 1.6M | 2.8M | -- |
| Gross PPE | 882,000 | 911,000 | 776,000 | 878,000 | 791,000 | -- |
| Accumulated Depreciation | -- | -- | -- | -71,000 | -- | -- |
| Net PPE | 882,000 | 911,000 | 776,000 | 807,000 | 791,000 | -- |
| Other Non Current Assets | 618,000 | -- | -- | -- | -- | -- |
| Total Non Current Assets | 1.5M | 911,000 | 776,000 | 807,000 | 791,000 | -- |
| Total Assets | 2.6M | 2.9M | 2.1M | 2.4M | 3.6M | -- |
| Current Debt And Capital Lease Obligation | -- | -- | -- | 2,000 | -- | -- |
| Payables | 496,000 | 678,000 | 366,000 | 57,000 | 263,000 | -- |
| Payables And Accrued Expenses | 862,000 | 1.0M | 553,000 | 396,000 | 435,000 | -- |
| Current Accrued Expenses | 366,000 | 329,000 | 187,000 | 339,000 | 172,000 | -- |
| Current Deferred Revenue | -- | -- | -- | 0.00 | 0.00 | 2,000 |
| Current Liabilities | 862,000 | 1.0M | 553,000 | 398,000 | 435,000 | -- |
| Long Term Debt And Capital Lease Obligation | 79,000 | 91,000 | 31,000 | 31,000 | 31,000 | -- |
| Long Term Capital Lease Obligation | 79,000 | 91,000 | 31,000 | 31,000 | 31,000 | -- |
| Total Non Current Liabilities Net Minority Interest | 327,000 | 325,000 | 271,000 | 282,000 | 251,000 | -- |
| Total Liabilities Net Minority Interest | 1.2M | 1.3M | 824,000 | 680,000 | 686,000 | -- |
| Common Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Additional Paid In Capital | 23.8M | 22.8M | 20.4M | 19.5M | 17.8M | -- |
| Retained Earnings | -24.1M | -22.6M | -20.8M | -19.1M | -17.6M | -- |
| Gains Losses Not Affecting Retained Earnings | -45,000 | -46,000 | -218,000 | -202,000 | -109,000 | -- |
| Common Stock Equity | 1.5M | 1.5M | 1.3M | 1.8M | 2.9M | -- |
| Stockholders Equity | 1.5M | 1.5M | 1.3M | 1.8M | 2.9M | -- |
| Total Equity Gross Minority Interest | 1.5M | 1.5M | 1.3M | 1.8M | 2.9M | -- |
| Total Capitalization | 1.5M | 1.5M | 1.3M | 1.8M | 2.9M | -- |
| Net Tangible Assets | 1.5M | 1.5M | 1.3M | 1.8M | 2.9M | -- |
| Tangible Book Value | 1.5M | 1.5M | 1.3M | 1.8M | 2.9M | -- |
| Working Capital | 284,000 | 946,000 | 811,000 | 1.2M | 2.4M | -- |
| Invested Capital | 1.5M | 1.5M | 1.3M | 1.8M | 2.9M | -- |
| Total Debt | 79,000 | 91,000 | 31,000 | 33,000 | 31,000 | -- |
| Share Issued | 82.5M | 74.5M | 74.5M | 71.1M | 70.5M | -- |
| Ordinary Shares Number | 82.5M | 74.5M | 74.5M | 71.1M | 70.5M | -- |
| Capital Lease Obligations | 79,000 | 91,000 | 31,000 | 33,000 | 31,000 | -- |
| Current Capital Lease Obligation | -- | -- | -- | 2,000 | -- | -- |
| Current Deferred Liabilities | -- | -- | -- | 0.00 | 0.00 | 2,000 |
| Foreign Currency Translation Adjustments | -45,000 | -46,000 | -218,000 | -202,000 | -109,000 | -- |
| Leases | -- | -- | -- | 348,000 | -- | -- |
| Machinery Furniture Equipment | -- | -- | -- | 493,000 | -- | -- |
| Non Current Deferred Liabilities | 205,000 | 198,000 | 184,000 | 173,000 | 149,000 | -- |
| Non Current Deferred Revenue | 205,000 | 198,000 | 184,000 | 173,000 | 149,000 | -- |
| Other Equity Interest | 1.8M | 1.4M | 1.9M | 1.6M | 2.8M | -- |
| Other Payable | 496,000 | 678,000 | 366,000 | 57,000 | 263,000 | -- |
| Other Properties | 882,000 | 911,000 | 776,000 | 37,000 | 791,000 | -- |
| Other Receivables | 122,000 | 84,000 | 135,000 | 3,000 | 259,000 | -- |
| Properties | -- | -- | -- | 0.00 | -- | -- |
| Restricted Cash | 41,000 | 41,000 | 41,000 | 41,000 | 41,000 | -- |
| Taxes Receivable | -- | -- | -- | 124,000 | -- | -- |
| Tradeand Other Payables Non Current | 43,000 | 36,000 | 56,000 | 78,000 | 71,000 | -- |
| 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 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -1.3M | -1.1M | -986,000 | -1.7M | -818,000 | -- |
| Cash Flow From Continuing Operating Activities | -1.3M | -1.1M | -986,000 | -1.7M | -818,000 | -- |
| Depreciation And Amortization | 47,000 | 42,000 | 43,000 | 39,000 | 18,000 | -- |
| Depreciation Amortization Depletion | 47,000 | 42,000 | 43,000 | 39,000 | 18,000 | -- |
| Stock Based Compensation | 319,000 | 299,000 | 336,000 | 309,000 | 302,000 | -- |
| Change In Working Capital | -195,000 | 424,000 | 336,000 | -561,000 | 98,000 | -- |
| Change In Receivables | -37,000 | 57,000 | 161,000 | 1,000 | 99,000 | -- |
| Change In Payables And Accrued Expense | 18,000 | 229,000 | 155,000 | 41,000 | -167,000 | -- |
| Change In Payable | -161,000 | 229,000 | 155,000 | 41,000 | -37,000 | -- |
| Change In Other Working Capital | 21,000 | 138,000 | 20,000 | -3,000 | 36,000 | -- |
| Change In Other Current Liabilities | -- | -- | 0.00 | -- | -- | -- |
| Other Non Cash Items | 10,000 | 14,000 | -23,000 | 24,000 | 14,000 | -- |
| Capital Expenditure | -12,000 | -2,000 | -32,000 | -46,000 | -301,000 | -- |
| Purchase Of PPE | -12,000 | -2,000 | -32,000 | -46,000 | -301,000 | -- |
| Net PPE Purchase And Sale | -12,000 | -2,000 | -32,000 | -46,000 | -301,000 | -- |
| Investing Cash Flow | -12,000 | -2,000 | -32,000 | -45,000 | -301,000 | -- |
| Cash Flow From Continuing Investing Activities | -12,000 | -2,000 | -32,000 | -45,000 | -301,000 | -- |
| Repayment Of Debt | -8,000 | -1,000 | -3,000 | -7,000 | -8,000 | -- |
| Net Issuance Payments Of Debt | -8,000 | -1,000 | -3,000 | -7,000 | -8,000 | -- |
| Issuance Of Capital Stock | 998,000 | 1.6M | 310,000 | 1.4M | -157,000 | -- |
| Net Common Stock Issuance | 998,000 | 1.6M | 310,000 | 1.4M | -157,000 | -- |
| Financing Cash Flow | 1.1M | 1.6M | 910,000 | 177,000 | 1.3M | -- |
| Cash Flow From Continuing Financing Activities | 1.1M | 1.6M | 910,000 | 177,000 | 1.3M | -- |
| Effect Of Exchange Rate Changes | -11,000 | 119,000 | -4,000 | -220,000 | -2,000 | -- |
| Changes In Cash | -234,000 | 521,000 | -108,000 | -1.6M | 140,000 | -- |
| Beginning Cash Position | 1.2M | 588,000 | 700,000 | 2.5M | 2.4M | -- |
| End Cash Position | 983,000 | 1.2M | 588,000 | 700,000 | 2.5M | -- |
| Free Cash Flow | -1.3M | -1.1M | -1.0M | -1.8M | -1.1M | -- |
| Common Stock Issuance | 998,000 | 1.6M | 310,000 | 1.4M | -157,000 | -- |
| Long Term Debt Payments | -8,000 | -1,000 | -3,000 | -7,000 | -8,000 | -- |
| Net Income From Continuing Operations | -1.5M | -1.8M | -1.7M | -1.5M | -1.2M | -- |
| Net Long Term Debt Issuance | -8,000 | -1,000 | -3,000 | -7,000 | -8,000 | -- |
| Net Other Financing Charges | -- | -- | -- | 21,000 | 14,000 | -- |
| Net Other Investing Changes | -- | -- | -- | 1,000 | 0.00 | -- |
| Proceeds From Stock Option Exercised | 72,000 | 0.00 | 603,000 | -1.2M | 1.4M | -- |