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 |
|---|---|---|---|---|---|
| Total Revenue | 2.3M | 274,652 | 331,864 | 114,686 | 120,407 |
| Operating Revenue | 2.3M | 274,652 | 331,864 | 114,686 | 120,407 |
| Cost Of Revenue | 220,139 | 581,859 | 185,765 | 46,015 | 383,349 |
| Gross Profit | 2.1M | -307,207 | 146,099 | 68,671 | -262,942 |
| Selling General And Administration | 815,666 | 1.4M | 1.3M | 1.6M | 1.5M |
| General And Administrative Expense | 768,556 | 1.3M | 1.2M | 1.5M | 1.3M |
| Research And Development | 871,433 | 1.0M | 1.6M | 1.8M | 2.2M |
| Operating Expense | 1.7M | 2.4M | 2.9M | 3.4M | 3.6M |
| Operating Income | 383,909 | -2.7M | -2.8M | -3.4M | -3.9M |
| EBIT | 389,331 | -2.7M | -2.8M | -3.3M | -3.9M |
| Interest Expense | 301,819 | 242,212 | 171,108 | 70,649 | 56,267 |
| Interest Expense Non Operating | 301,819 | 242,212 | 171,108 | 70,649 | 56,267 |
| Interest Income | 5,422 | 10,275 | 9,854 | 8,914 | 29,148 |
| Interest Income Non Operating | 5,422 | 10,275 | 9,854 | 8,914 | 29,148 |
| Net Interest Income | -296,397 | -231,937 | -161,254 | -61,735 | -27,119 |
| Pretax Income | 87,512 | -2.9M | -2.9M | -3.4M | -3.9M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 87,512 | -2.9M | -2.9M | -3.4M | -3.9M |
| Net Income From Continuing Operation Net Minority Interest | 87,512 | -2.9M | -2.9M | -3.4M | -3.9M |
| Net Income Including Noncontrolling Interests | 87,512 | -2.9M | -2.9M | -3.4M | -3.9M |
| Net Income Common Stockholders | 87,512 | -2.9M | -2.9M | -3.4M | -3.9M |
| Net Income | 87,512 | -2.9M | -2.9M | -3.4M | -3.9M |
| EBITDA | 680,202 | -2.4M | -2.5M | -3.1M | -3.6M |
| Normalized EBITDA | 680,202 | -2.4M | -2.5M | -3.1M | -3.6M |
| Reconciled Depreciation | 290,871 | 234,758 | 235,550 | 283,322 | 222,482 |
| Basic EPS | 0.00 | -0.13 | -0.13 | -- | -0.17 |
| Diluted EPS | 0.00 | -0.13 | -0.13 | -- | -0.17 |
| Basic Average Shares | 23.1M | 22.9M | 22.9M | -- | 22.9M |
| Diluted Average Shares | 23.1M | 22.9M | 22.9M | -- | 22.9M |
| Tax Rate For Calcs | 0.15 | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | 87,512 | -2.9M | -2.9M | -3.4M | -3.9M |
| Diluted NI Availto Com Stockholders | 87,512 | -2.9M | -2.9M | -3.4M | -3.9M |
| Net Income Continuous Operations | 87,512 | -2.9M | -2.9M | -3.4M | -3.9M |
| Net Non Operating Interest Income Expense | -296,397 | -231,937 | -161,254 | -61,735 | -27,119 |
| Other Gand A | 768,556 | 1.3M | 1.2M | 1.5M | 1.3M |
| Reconciled Cost Of Revenue | 220,139 | 581,859 | 185,765 | 46,015 | 383,349 |
| Selling And Marketing Expense | 47,110 | 93,894 | 155,947 | 174,577 | 119,216 |
| Total Expenses | 1.9M | 3.0M | 3.1M | 3.5M | 4.0M |
| Total Operating Income As Reported | -- | -- | -- | -- | -3.9M |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 874,922 | 1.8M | 1.5M | 3.6M | 3.2M |
| Cash Cash Equivalents And Short Term Investments | 874,922 | 1.8M | 1.5M | 3.6M | 3.2M |
| Accounts Receivable | 846,754 | 48,924 | 95,557 | 316,121 | 91,352 |
| Receivables | 910,161 | 362,594 | 287,161 | 392,420 | 109,003 |
| Inventory | 3.2M | 3.2M | 3.1M | 3.0M | 3.0M |
| Prepaid Assets | 307,186 | 524,199 | 462,964 | 372,407 | 712,603 |
| Current Assets | 5.3M | 5.8M | 5.4M | 7.4M | 7.0M |
| Gross PPE | 11.1M | 10.9M | 10.3M | 9.7M | 10.3M |
| Accumulated Depreciation | -3.1M | -2.8M | -2.6M | -2.4M | -2.2M |
| Net PPE | 8.0M | 8.1M | 7.7M | 7.3M | 8.2M |
| Goodwill | -- | -- | -- | 0.00 | 0.00 |
| Goodwill And Other Intangible Assets | 556,232 | 581,324 | 599,661 | 624,660 | 649,659 |
| Other Intangible Assets | 556,232 | 581,324 | 599,661 | 624,660 | 649,659 |
| Total Non Current Assets | 8.7M | 8.8M | 8.4M | 8.1M | 8.9M |
| Total Assets | 14.0M | 14.6M | 13.8M | 15.5M | 15.9M |
| Current Debt | 585,186 | 47,471 | 6,516 | 22,562 | 38,493 |
| Current Debt And Capital Lease Obligation | 749,432 | 228,545 | 126,982 | 136,624 | 117,300 |
| Accounts Payable | 1.1M | 1.6M | 1.4M | 1.0M | 361,957 |
| Payables | 1.2M | 1.7M | 1.4M | 1.0M | 411,900 |
| Payables And Accrued Expenses | 3.6M | 4.4M | 3.7M | 3.1M | 2.0M |
| Current Accrued Expenses | 2.4M | 2.8M | 2.3M | 2.0M | 1.6M |
| Current Deferred Revenue | 973,545 | 2.5M | 2.9M | 3.3M | 2.7M |
| Current Liabilities | 5.7M | 7.5M | 6.7M | 6.5M | 4.8M |
| Long Term Debt | 7.7M | 6.6M | 3.6M | 3.0M | 322,371 |
| Long Term Debt And Capital Lease Obligation | 9.2M | 8.0M | 5.1M | 4.5M | 1.9M |
| Long Term Capital Lease Obligation | 1.4M | 1.4M | 1.5M | 1.5M | 1.6M |
| Total Non Current Liabilities Net Minority Interest | 15.3M | 14.2M | 11.4M | 10.4M | 9.3M |
| Total Liabilities Net Minority Interest | 20.9M | 21.8M | 18.1M | 16.8M | 14.1M |
| Common Stock | 76.5M | 76.4M | 76.4M | 76.4M | 76.4M |
| Capital Stock | 76.5M | 76.4M | 76.4M | 76.4M | 76.4M |
| Additional Paid In Capital | 6.7M | 6.7M | 6.6M | 6.6M | 6.4M |
| Retained Earnings | -90.1M | -90.2M | -87.3M | -84.4M | -81.0M |
| Common Stock Equity | -6.9M | -7.1M | -4.3M | -1.4M | 1.8M |
| Stockholders Equity | -6.9M | -7.1M | -4.3M | -1.4M | 1.8M |
| Total Equity Gross Minority Interest | -6.9M | -7.1M | -4.3M | -1.4M | 1.8M |
| Total Capitalization | 784,650 | -548,400 | -640,616 | 1.6M | 2.1M |
| Net Tangible Assets | -7.5M | -7.7M | -4.9M | -2.0M | 1.1M |
| Tangible Book Value | -7.5M | -7.7M | -4.9M | -2.0M | 1.1M |
| Working Capital | -355,882 | -1.7M | -1.3M | 938,460 | 2.2M |
| Invested Capital | 1.4M | -500,929 | -634,100 | 1.7M | 2.1M |
| Total Debt | 9.9M | 8.2M | 5.3M | 4.7M | 2.0M |
| Net Debt | 7.4M | 4.9M | 2.1M | -- | -- |
| Share Issued | 23.1M | 22.9M | 22.9M | 22.9M | 22.9M |
| Ordinary Shares Number | 23.1M | 22.9M | 22.9M | 22.9M | 22.9M |
| Capital Lease Obligations | 1.6M | 1.6M | 1.6M | 1.7M | 1.7M |
| Construction In Progress | 1.7M | 2.5M | 1.9M | 1.4M | 2.0M |
| Current Capital Lease Obligation | 164,246 | 181,074 | 120,466 | 114,062 | 78,807 |
| Current Deferred Liabilities | 973,545 | 2.5M | 2.9M | 3.3M | 2.7M |
| Current Provisions | 357,982 | 357,982 | -- | -- | -- |
| Leases | 357,171 | 357,171 | 355,932 | 355,932 | 343,491 |
| Loans Receivable | 29,412 | 24,152 | 24,153 | 24,153 | 17,651 |
| Long Term Provisions | 3.1M | 3.1M | 3.1M | 3.1M | 3.9M |
| Machinery Furniture Equipment | 418,676 | 418,676 | 417,815 | 419,528 | 413,164 |
| Non Current Accounts Receivable | -- | -- | -- | -- | 42,454 |
| Non Current Deferred Liabilities | 3.0M | 3.1M | 3.1M | 2.7M | 3.6M |
| Non Current Deferred Revenue | 3.0M | 3.1M | 3.1M | 2.7M | 3.6M |
| Non Current Note Receivables | 10,444 | 13,935 | 19,508 | 26,011 | -- |
| Non Current Prepaid Assets | 97,391 | 97,391 | 100,695 | 94,332 | 8,138 |
| Other Current Borrowings | 585,186 | 47,471 | 6,516 | 22,562 | 38,493 |
| Other Payable | 16,072 | 34,993 | 46,526 | 40,004 | 32,991 |
| Other Properties | 8.7M | 7.6M | 7.6M | 7.5M | 7.5M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 2.2M | 2.3M | 2.3M | 2.0M | 2.2M |
| Taxes Receivable | 33,995 | 289,518 | 167,451 | 52,146 | 0.00 |
| Total Tax Payable | -- | -- | -- | -- | 16,952 |
| Work In Process | 1.1M | 876,435 | 879,345 | 1.1M | 810,866 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | -2.3M | -1.8M | -2.2M | -2.7M | -2.2M |
| Cash Flow From Continuing Operating Activities | -2.3M | -1.8M | -2.2M | -2.7M | -2.2M |
| Depreciation And Amortization | 290,871 | 234,758 | 235,550 | 283,322 | 222,482 |
| Depreciation Amortization Depletion | 290,871 | 234,758 | 235,550 | 283,322 | 222,482 |
| Stock Based Compensation | 31,737 | 59,044 | 49,122 | 74,754 | 106,570 |
| Change In Working Capital | -3.0M | 189,715 | 553,382 | 519,620 | 1.2M |
| Changes In Account Receivables | -544,076 | -69,860 | 111,762 | -266,974 | 959,950 |
| Change In Receivables | -544,076 | -69,860 | 111,762 | -266,974 | 959,950 |
| Change In Inventory | -56,466 | -39,523 | -99,003 | -359,026 | 50,370 |
| Change In Payables And Accrued Expense | -847,041 | 732,330 | 657,536 | 998,842 | 149,527 |
| Change In Payable | -847,041 | 732,330 | 657,536 | 998,842 | 149,527 |
| Change In Other Working Capital | -1.7M | -375,301 | -19,993 | -107,224 | 3,769 |
| Other Non Cash Items | 215,230 | 231,937 | -77,369 | -638,167 | 27,119 |
| Capital Expenditure | -162,137 | -644,583 | -570,673 | -244,930 | -243,458 |
| Purchase Of PPE | -162,137 | -637,920 | -570,673 | -244,930 | -243,458 |
| Net PPE Purchase And Sale | -162,137 | -637,920 | -567,673 | -231,930 | -243,458 |
| Investing Cash Flow | -162,137 | -644,583 | -567,673 | -231,930 | -243,458 |
| Cash Flow From Continuing Investing Activities | -162,137 | -644,583 | -567,673 | -231,930 | -243,458 |
| Issuance Of Debt | 1.7M | 3.0M | 786,438 | 3.4M | 322,371 |
| Repayment Of Debt | -60,765 | -97,097 | -104,297 | -74,205 | -101,545 |
| Net Issuance Payments Of Debt | 1.6M | 2.9M | 682,141 | 3.3M | 220,826 |
| Financing Cash Flow | 1.6M | 2.7M | 682,141 | 3.3M | 220,826 |
| Cash Flow From Continuing Financing Activities | 1.6M | 2.7M | 682,141 | 3.3M | 220,826 |
| Changes In Cash | -894,423 | 236,630 | -2.1M | 377,522 | -2.2M |
| Beginning Cash Position | 1.8M | 1.5M | 3.6M | 3.2M | 5.4M |
| End Cash Position | 874,922 | 1.8M | 1.5M | 3.6M | 3.2M |
| Free Cash Flow | -2.5M | -2.5M | -2.7M | -3.0M | -2.4M |
| Amortization Cash Flow | -- | -- | -- | 24,999 | -- |
| Amortization Of Intangibles | -- | -- | -- | 24,999 | -- |
| Asset Impairment Charge | 5,605 | 551.00 | 4,171 | -- | 192,309 |
| Cash Dividends Paid | 0.00 | 0.00 | -- | -- | 0.00 |
| Change In Prepaid Assets | 217,013 | -57,931 | -96,920 | 254,002 | 14,617 |
| Depreciation | -- | -- | -- | 258,323 | -- |
| Gain Loss On Sale Of PPE | 0.00 | 0.00 | -2,425 | -- | 0.00 |
| Interest Paid Cff | 0.00 | -137,370 | -- | -- | 0.00 |
| Interest Received Cfo | 5,422 | 10,275 | 9,854 | 8,914 | 29,148 |
| Long Term Debt Issuance | 1.7M | 3.0M | 786,438 | 3.4M | 322,371 |
| Long Term Debt Payments | -60,765 | -97,097 | -104,297 | -74,205 | -101,545 |
| Net Income From Continuing Operations | 87,512 | -2.9M | -2.9M | -3.4M | -3.9M |
| Net Intangibles Purchase And Sale | 0.00 | -6,663 | -- | 0.00 | 0.00 |
| Net Long Term Debt Issuance | 1.6M | 2.9M | 682,141 | 3.3M | 220,826 |
| Operating Gains Losses | -- | -- | -2,425 | -- | -- |
| Provisionand Write Offof Assets | 0.00 | 357,982 | -- | -1.1M | 0.00 |
| Purchase Of Intangibles | 0.00 | -6,663 | -- | 0.00 | 0.00 |
| Sale Of PPE | 0.00 | 0.00 | 3,000 | -- | 0.00 |