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 | 4.0M | 7.4M | 7.6M | 7.2M |
| Operating Revenue | 4.0M | 7.4M | 7.6M | 7.2M |
| Cost Of Revenue | 2.1M | 3.4M | 3.5M | 3.9M |
| Gross Profit | 1.9M | 4.1M | 4.1M | 3.3M |
| Selling General And Administration | 1.9M | 2.2M | 2.3M | 1.9M |
| General And Administrative Expense | 1.1M | 1.4M | 1.3M | 1.1M |
| Research And Development | 1.4M | 1.5M | 2.3M | 2.1M |
| Depreciation And Amortization In Income Statement | 88,000 | 87,000 | -- | -- |
| Operating Expense | 3.4M | 3.7M | 4.6M | 4.0M |
| Operating Income | -1.6M | 333,457 | -418,535 | -670,395 |
| EBIT | -1.5M | 336,745 | -307,812 | 356,912 |
| Interest Expense | 173,828 | 200,508 | 166,157 | 176,627 |
| Interest Expense Non Operating | 173,828 | 200,508 | 166,157 | 176,627 |
| Interest Income | 517.00 | 55,796 | 12,766 | 1.0M |
| Interest Income Non Operating | 517.00 | 55,796 | 12,766 | 1.0M |
| Net Interest Income | -173,311 | -144,712 | -153,391 | 856,075 |
| Other Income Expense | 57,682 | -52,508 | 97,957 | -5,395 |
| Gain On Sale Of Security | 57,682 | -52,508 | 97,957 | -5,395 |
| Pretax Income | -1.7M | 136,237 | -473,969 | 180,285 |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -1.3M | -99,613 | -907,170 | -118,753 |
| Net Income From Continuing Operation Net Minority Interest | -1.3M | -99,613 | -907,170 | -118,753 |
| Net Income Including Noncontrolling Interests | -1.7M | 136,237 | -473,969 | 180,285 |
| Minority Interests | 373,238 | -235,850 | -433,201 | -299,038 |
| Net Income Common Stockholders | -1.3M | -99,613 | -907,170 | -118,753 |
| Net Income | -1.3M | -99,613 | -907,170 | -118,753 |
| EBITDA | -832,787 | 792,176 | 981,790 | 1.5M |
| Normalized EBITDA | -890,469 | 844,684 | 883,833 | 1.5M |
| Reconciled Depreciation | 673,124 | 455,431 | 1.3M | 1.1M |
| Basic EPS | -0.04 | -0.00 | -0.03 | -0.00 |
| Diluted EPS | -0.04 | -0.00 | -0.03 | -0.00 |
| Basic Average Shares | 33.4M | 33.4M | 33.4M | 33.4M |
| Diluted Average Shares | 33.4M | 33.4M | 33.4M | 33.4M |
| Total Unusual Items | 57,682 | -52,508 | 97,957 | -5,395 |
| Total Unusual Items Excluding Goodwill | 57,682 | -52,508 | 97,957 | -5,395 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -1.4M | -47,105 | -1.0M | -113,358 |
| Depreciation Amortization Depletion Income Statement | 88,000 | 87,000 | -- | -- |
| Diluted NI Availto Com Stockholders | -1.3M | -99,613 | -907,170 | -118,753 |
| Net Income Continuous Operations | -1.7M | 136,237 | -473,969 | 180,285 |
| Net Non Operating Interest Income Expense | -173,311 | -144,712 | -153,391 | 856,075 |
| Other Gand A | 1.1M | 1.4M | 1.3M | 1.1M |
| Reconciled Cost Of Revenue | 1.5M | 3.0M | 3.5M | 3.9M |
| Selling And Marketing Expense | 814,253 | 808,842 | 946,572 | 788,922 |
| Total Expenses | 5.5M | 7.1M | 8.0M | 7.9M |
| Total Operating Income As Reported | -1.6M | 333,457 | -418,535 | -670,395 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 1.1M | 2.4M | 2.0M | 3.0M |
| Cash Cash Equivalents And Short Term Investments | 1.1M | 2.4M | 2.0M | 3.0M |
| Cash Financial | 1.1M | 2.4M | 2.0M | 3.0M |
| Accounts Receivable | 383,000 | 754,000 | 671,000 | 1.1M |
| Receivables | 461,627 | 815,013 | 759,896 | 1.1M |
| Inventory | 991,796 | 1.3M | 2.0M | 1.7M |
| Prepaid Assets | -- | -- | 90,845 | 742,950 |
| Other Current Assets | 5,724 | 36,590 | 91,280 | 742,126 |
| Current Assets | 2.5M | 4.6M | 6.2M | 6.5M |
| Gross PPE | 1.7M | 1.8M | 1.9M | 2.2M |
| Accumulated Depreciation | -478,000 | -473,000 | -454,000 | -445,000 |
| Net PPE | 1.3M | 1.3M | 1.5M | 1.7M |
| Goodwill And Other Intangible Assets | 1.6M | 1.3M | 1.0M | 1.2M |
| Other Intangible Assets | 1.6M | 1.3M | 1.0M | 1.2M |
| Other Non Current Assets | -410.00 | 62.00 | -85.00 | 380.00 |
| Total Non Current Assets | 2.9M | 2.7M | 2.6M | 3.0M |
| Total Assets | 5.4M | 7.3M | 8.8M | 9.5M |
| Current Debt | 263,530 | 170,195 | 217,610 | 884,714 |
| Current Debt And Capital Lease Obligation | 576,620 | 439,042 | 458,082 | 1.4M |
| Accounts Payable | 1.6M | 1.6M | 1.7M | 1.6M |
| Payables | 1.6M | 1.6M | 1.7M | 1.6M |
| Payables And Accrued Expenses | 1.6M | 1.6M | 1.7M | 1.6M |
| Current Deferred Revenue | 983,336 | 1.0M | 1.9M | 2.7M |
| Current Liabilities | 4.9M | 4.7M | 5.7M | 7.0M |
| Long Term Debt | 3.6M | 3.5M | 3.6M | 2.5M |
| Long Term Debt And Capital Lease Obligation | 4.8M | 5.0M | 5.3M | 3.9M |
| Long Term Capital Lease Obligation | 1.2M | 1.4M | 1.7M | 1.4M |
| Total Non Current Liabilities Net Minority Interest | 5.0M | 5.2M | 6.0M | 4.7M |
| Total Liabilities Net Minority Interest | 9.9M | 9.9M | 11.7M | 11.7M |
| Common Stock | 7.4M | 7.4M | 7.4M | 7.4M |
| Capital Stock | 7.4M | 7.4M | 7.4M | 7.4M |
| Additional Paid In Capital | 500,576 | 500,576 | 500,576 | 500,576 |
| Retained Earnings | -12.0M | -10.7M | -10.6M | -9.7M |
| Gains Losses Not Affecting Retained Earnings | -184,304 | 13,900 | -73,753 | 106,275 |
| Other Equity Adjustments | -184,304 | 13,900 | -73,753 | 106,275 |
| Common Stock Equity | -4.3M | -2.8M | -2.8M | -1.7M |
| Stockholders Equity | -4.3M | -2.8M | -2.8M | -1.7M |
| Total Equity Gross Minority Interest | -4.5M | -2.6M | -2.8M | -2.2M |
| Minority Interest | -164,410 | 208,828 | -27,022 | -460,223 |
| Total Capitalization | -702,386 | 715,362 | 783,757 | 762,919 |
| Net Tangible Assets | -6.0M | -4.1M | -3.8M | -2.9M |
| Tangible Book Value | -6.0M | -4.1M | -3.8M | -2.9M |
| Working Capital | -2.3M | -102,674 | 505,307 | -492,269 |
| Invested Capital | -438,856 | 885,557 | 1.0M | 1.6M |
| Total Debt | 5.4M | 5.4M | 5.7M | 5.4M |
| Net Debt | 2.8M | 1.3M | 1.8M | 408,999 |
| Share Issued | 33.4M | 33.4M | 33.4M | 33.4M |
| Ordinary Shares Number | 33.4M | 33.4M | 33.4M | 33.4M |
| Allowance For Doubtful Accounts Receivable | -104,000 | -216,000 | -50,000 | -4,000 |
| Capital Lease Obligations | 1.5M | 1.7M | 1.9M | 2.0M |
| Current Capital Lease Obligation | 313,090 | 268,847 | 240,472 | 529,242 |
| Current Deferred Liabilities | 2.7M | 2.7M | 3.5M | 4.0M |
| Dueto Related Parties Current | -- | -- | 1.6M | 1.3M |
| Finished Goods | 71,000 | 91,000 | 435,000 | 245,000 |
| Gross Accounts Receivable | 487,000 | 970,000 | 721,000 | 1.1M |
| Inventories Adjustments Allowances | -878,000 | -849,000 | -766,000 | -573,000 |
| Leases | 5,000 | 5,000 | 0.00 | -- |
| Machinery Furniture Equipment | 616,000 | 477,000 | 476,000 | 474,000 |
| Non Current Accounts Receivable | -- | 47,627 | 111,907 | -- |
| Non Current Deferred Liabilities | 249,230 | 198,083 | 699,047 | 714,701 |
| Non Current Deferred Revenue | 249,230 | 198,083 | 699,047 | 714,701 |
| Other Current Borrowings | 263,530 | 170,195 | 217,610 | 884,714 |
| Other Inventories | -204.00 | 35.00 | 288.00 | -443.00 |
| Other Properties | 1.1M | 1.3M | 1.5M | 1.7M |
| Other Receivables | 47,627 | 59,013 | 61,896 | -- |
| Properties | 0.00 | 0.00 | 0.00 | -- |
| Raw Materials | 1.8M | 1.9M | 2.2M | 1.9M |
| Restricted Cash | -- | 0.00 | 1.4M | 0.00 |
| Taxes Receivable | 31,000 | 2,000 | 27,000 | 26,000 |
| Work In Process | 14,000 | 221,000 | 189,000 | 86,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -41,325 | 110,186 | 1.3M | 879,700 |
| Cash Flow From Continuing Operating Activities | -41,325 | 110,186 | 1.3M | 879,700 |
| Depreciation And Amortization | 673,124 | 455,431 | 1.3M | 1.1M |
| Depreciation Amortization Depletion | 673,124 | 455,431 | 1.3M | 1.1M |
| Stock Based Compensation | -- | 0.00 | 0.00 | 0.00 |
| Change In Working Capital | 791,462 | -681,990 | 360,430 | -598,624 |
| Changes In Account Receivables | 229,544 | 108,154 | 476,215 | -- |
| Change In Receivables | 288,557 | 175,317 | 476,215 | -240,857 |
| Change In Inventory | 256,750 | 693,253 | -354,731 | 565,515 |
| Change In Payables And Accrued Expense | 28,277 | -92,602 | 154,065 | -116,370 |
| Change In Other Working Capital | 115,379 | -1.5M | -567,224 | -187,950 |
| Change In Other Current Assets | 31,232 | -18,786 | 652,105 | -618,962 |
| Change In Other Current Liabilities | 71,267 | 72,197 | 0.00 | 281,503 |
| Other Non Cash Items | 173,828 | 200,508 | 166,157 | 176,627 |
| Capital Expenditure | -630,171 | -620,626 | -521,515 | -627,991 |
| Purchase Of PPE | 0.00 | -5,617 | 0.00 | -- |
| Net PPE Purchase And Sale | 0.00 | -5,617 | 0.00 | -- |
| Investing Cash Flow | -630,171 | 733,774 | -1.9M | -627,991 |
| Cash Flow From Continuing Investing Activities | -630,171 | 733,774 | -1.9M | -627,991 |
| Issuance Of Debt | 1.3M | -- | -- | -- |
| Repayment Of Debt | -1.8M | -497,653 | -702,186 | -795,294 |
| Net Issuance Payments Of Debt | -470,742 | -497,653 | -702,186 | -795,294 |
| Financing Cash Flow | -470,742 | -497,653 | -702,186 | -1.1M |
| Cash Flow From Continuing Financing Activities | -470,742 | -497,653 | -702,186 | -1.1M |
| Effect Of Exchange Rate Changes | -226,514 | 136,592 | 240,875 | -26,106 |
| Changes In Cash | -1.1M | 346,307 | -1.2M | -867,406 |
| Beginning Cash Position | 2.4M | 2.0M | 3.0M | 3.9M |
| End Cash Position | 1.1M | 2.4M | 2.0M | 3.0M |
| Free Cash Flow | -671,496 | -510,440 | 815,948 | 251,709 |
| Change In Prepaid Assets | -- | -- | 253,290 | 281,503 |
| Interest Paid Cfo | -- | 0.00 | -4,757 | -10,433 |
| Long Term Debt Issuance | 1.3M | -- | -- | -- |
| Long Term Debt Payments | -1.8M | -497,653 | -702,186 | -795,294 |
| Net Income From Continuing Operations | -1.7M | 136,237 | -473,969 | 180,285 |
| Net Intangibles Purchase And Sale | -630,171 | -615,009 | -521,515 | -627,991 |
| Net Long Term Debt Issuance | -470,742 | -497,653 | -702,186 | -795,294 |
| Net Other Financing Charges | -- | -92,872 | -51,480 | -326,701 |
| Net Other Investing Changes | -- | 1.4M | -1.4M | -- |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 2,880 |
| Purchase Of Intangibles | -630,171 | -615,009 | -521,515 | -627,991 |