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 | 27.0M | 15.7M | 14.2M | 14.2M |
| Operating Revenue | 27.0M | 15.7M | 14.2M | 14.2M |
| Cost Of Revenue | 10.2M | 5.3M | -- | -- |
| Gross Profit | 16.8M | 10.4M | -- | -- |
| Selling General And Administration | 20.7M | 16.0M | 23.0M | 23.2M |
| General And Administrative Expense | 20.7M | 16.0M | 23.0M | 23.2M |
| Depreciation And Amortization In Income Statement | 3.3M | 2.2M | 36.5M | 2.0M |
| Other Operating Expenses | 1.7M | 966,000 | 4.9M | 3.6M |
| Operating Expense | 25.8M | 19.2M | 64.4M | 28.7M |
| Operating Income | -9.0M | -8.8M | -50.2M | -14.5M |
| EBIT | 851,000 | -8.0M | -38.7M | -15.5M |
| Interest Expense | 1.7M | 5.0M | 5.3M | 5.1M |
| Interest Expense Non Operating | 1.7M | 5.0M | 5.3M | 5.1M |
| Interest Income | 254,000 | 214,000 | 118,000 | 0.00 |
| Interest Income Non Operating | 254,000 | 214,000 | 118,000 | 0.00 |
| Net Interest Income | -1.4M | -4.8M | -5.1M | -5.1M |
| Other Income Expense | 9.6M | 612,000 | 11.4M | -1.0M |
| Other Non Operating Income Expenses | 12.2M | 888,000 | 13.2M | 1.4M |
| Special Income Charges | -1.7M | -248,000 | -214,000 | -2.8M |
| Restructuring And Mergern Acquisition | 1.6M | 248,000 | 214,000 | 2.8M |
| Gain On Sale Of Security | -896,000 | -28,000 | -1.6M | 352,000 |
| Pretax Income | -841,000 | -13.0M | -43.9M | -20.6M |
| Tax Provision | -212,000 | -520,000 | -7.0M | -1.2M |
| Tax Effect Of Unusual Items | -653,141 | -11,007 | -289,721 | -141,604 |
| Net Income From Continuing And Discontinued Operation | -629,000 | -12.5M | -36.9M | -19.4M |
| Net Income From Continuing Operation Net Minority Interest | -629,000 | -12.5M | -36.9M | -19.4M |
| Net Income Including Noncontrolling Interests | -629,000 | -12.5M | -36.9M | -19.4M |
| Net Income Common Stockholders | -629,000 | -12.5M | -36.9M | -19.4M |
| Net Income | -629,000 | -12.5M | -36.9M | -19.4M |
| EBITDA | 4.2M | -5.8M | -2.1M | -13.5M |
| Normalized EBITDA | 6.7M | -5.5M | -322,000 | -11.1M |
| Reconciled Depreciation | 3.3M | 2.2M | 2.3M | 2.0M |
| Basic EPS | -0.01 | -0.16 | -0.46 | -0.28 |
| Diluted EPS | -0.01 | -0.16 | -0.46 | -0.28 |
| Basic Average Shares | 118.0M | 80.3M | 80.3M | 69.7M |
| Diluted Average Shares | 118.0M | 80.3M | 80.3M | 69.7M |
| Total Unusual Items | -2.6M | -276,000 | -1.8M | -2.4M |
| Total Unusual Items Excluding Goodwill | -2.6M | -276,000 | -1.8M | -2.4M |
| Tax Rate For Calcs | 0.25 | 0.04 | 0.16 | 0.06 |
| Normalized Income | 1.3M | -12.3M | -35.4M | -17.1M |
| Amortization | 1.1M | 399,000 | 35.1M | 758,000 |
| Amortization Of Intangibles Income Statement | 1.1M | 399,000 | 35.1M | 758,000 |
| Depreciation Amortization Depletion Income Statement | 3.3M | 2.2M | 36.5M | 2.0M |
| Depreciation Income Statement | 2.2M | 1.8M | 1.5M | 1.2M |
| Diluted NI Availto Com Stockholders | -629,000 | -12.5M | -36.9M | -19.4M |
| Net Income Continuous Operations | -629,000 | -12.5M | -36.9M | -19.4M |
| Net Non Operating Interest Income Expense | -1.4M | -4.8M | -5.1M | -5.1M |
| Other Gand A | 4.7M | 3.7M | 5.8M | 4.6M |
| Other Special Charges | 59,000 | -- | -- | -- |
| Reconciled Cost Of Revenue | 10.2M | 5.3M | -- | -- |
| Salaries And Wages | 16.0M | 12.3M | 17.1M | 18.5M |
| Total Expenses | 36.0M | 24.5M | 64.4M | 28.7M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 6.8M | 13.9M | 13.6M | 29.6M |
| Cash Cash Equivalents And Short Term Investments | 6.8M | 13.9M | 13.6M | 29.6M |
| Accounts Receivable | 9.9M | 4.0M | 6.6M | 4.9M |
| Receivables | 9.9M | 4.0M | 6.6M | 4.9M |
| Prepaid Assets | -- | -- | -- | 1.2M |
| Other Current Assets | 1.9M | 1.8M | 2.1M | 1.2M |
| Current Assets | 18.7M | 19.7M | 22.2M | 35.7M |
| Gross PPE | 7.5M | 4.0M | 4.8M | 5.0M |
| Accumulated Depreciation | -1.6M | -1.2M | -993,000 | -472,000 |
| Net PPE | 5.8M | 2.8M | 3.8M | 4.5M |
| Goodwill | 14.1M | 5.8M | 6.0M | 5.6M |
| Goodwill And Other Intangible Assets | 48.2M | 47.0M | 61.6M | 95.2M |
| Other Intangible Assets | 34.1M | 41.1M | 55.6M | 89.6M |
| Investments And Advances | -- | -- | -- | 0.00 |
| Other Non Current Assets | 160,000 | 1,000 | -- | -- |
| Total Non Current Assets | 54.2M | 49.8M | 65.4M | 99.8M |
| Total Assets | 72.9M | 69.5M | 87.6M | 135.5M |
| Current Debt | 600,000 | 178,000 | 226,000 | 249,000 |
| Current Debt And Capital Lease Obligation | 1.8M | 854,000 | 1.3M | 1.3M |
| Accounts Payable | 8.5M | 2.8M | 4.3M | 3.7M |
| Payables | 8.5M | 8.7M | 5.8M | 11.0M |
| Payables And Accrued Expenses | 8.5M | 8.7M | 5.8M | 11.0M |
| Current Deferred Revenue | 1.0M | 901,000 | 855,000 | 1.7M |
| Current Liabilities | 12.1M | 11.1M | 8.7M | 15.9M |
| Long Term Debt | 306,000 | 52,000 | 228,000 | 350,000 |
| Long Term Debt And Capital Lease Obligation | 2.2M | 52,000 | 577,000 | 1.3M |
| Long Term Capital Lease Obligation | 1.9M | 0.00 | 349,000 | 955,000 |
| Other Non Current Liabilities | -- | -- | 84,000 | 90,000 |
| Total Non Current Liabilities Net Minority Interest | 9.2M | 23.0M | 31.5M | 37.6M |
| Total Liabilities Net Minority Interest | 21.3M | 34.1M | 40.2M | 53.5M |
| Common Stock | 148.9M | 133.6M | 133.6M | 133.6M |
| Capital Stock | 148.9M | 133.6M | 133.6M | 133.6M |
| Additional Paid In Capital | 10.4M | 9.7M | 8.9M | 6.9M |
| Retained Earnings | -104.6M | -104.0M | -91.5M | -54.5M |
| Gains Losses Not Affecting Retained Earnings | -3.0M | -4.0M | -4.2M | -4.7M |
| Other Equity Adjustments | -3.0M | -4.0M | -4.2M | -4.7M |
| Common Stock Equity | 51.6M | 35.4M | 47.5M | 81.9M |
| Stockholders Equity | 51.6M | 35.4M | 47.5M | 81.9M |
| Total Equity Gross Minority Interest | 51.6M | 35.4M | 47.5M | 81.9M |
| Total Capitalization | 51.9M | 35.4M | 47.7M | 82.3M |
| Net Tangible Assets | 3.4M | -11.6M | -14.1M | -13.3M |
| Tangible Book Value | 3.4M | -11.6M | -14.1M | -13.3M |
| Working Capital | 6.6M | 8.6M | 13.6M | 19.8M |
| Invested Capital | 52.5M | 35.6M | 47.9M | 82.5M |
| Total Debt | 4.1M | 906,000 | 1.9M | 2.6M |
| Share Issued | 125.5M | 80.3M | 80.3M | 80.3M |
| Ordinary Shares Number | 125.5M | 80.3M | 80.3M | 80.3M |
| Buildings And Improvements | 2.9M | 625,000 | 1.3M | 1.8M |
| Capital Lease Obligations | 3.2M | 676,000 | 1.4M | 2.0M |
| Construction In Progress | 2.1M | 1.4M | 1.4M | 1.9M |
| Current Capital Lease Obligation | 1.2M | 676,000 | 1.1M | 1.0M |
| Current Deferred Liabilities | 1.0M | 901,000 | 855,000 | 1.7M |
| Current Notes Payable | -- | 0.00 | 63,000 | 63,000 |
| Current Provisions | 686,000 | 686,000 | 686,000 | 2.0M |
| Investmentin Financial Assets | -- | -- | -- | 0.00 |
| Leases | 819,000 | 695,000 | 700,000 | 400,000 |
| Machinery Furniture Equipment | 1.5M | 1.3M | 1.5M | 898,000 |
| Non Current Deferred Liabilities | 6.9M | 7.1M | 8.2M | 14.8M |
| Non Current Deferred Revenue | 33,000 | 9,000 | 46,000 | 80,000 |
| Non Current Deferred Taxes Liabilities | 6.9M | 7.1M | 8.2M | 14.8M |
| Other Current Borrowings | 600,000 | 178,000 | 163,000 | 186,000 |
| Other Equity Interest | -- | -- | 621,000 | 621,000 |
| Other Payable | -- | 5.8M | 1.6M | 7.4M |
| Other Properties | -- | -- | -- | 1.8M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Restricted Cash | -- | -- | -- | 0.00 |
| Tradeand Other Payables Non Current | 0.00 | 15.8M | 22.6M | 21.4M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -7.7M | -5.4M | -11.5M | -10.8M |
| Cash Flow From Continuing Operating Activities | -7.7M | -5.4M | -11.5M | -10.8M |
| Depreciation And Amortization | 3.3M | 2.2M | 2.3M | 2.0M |
| Depreciation Amortization Depletion | 3.3M | 2.2M | 2.3M | 2.0M |
| Stock Based Compensation | 715,000 | 152,000 | 2.4M | 4.5M |
| Deferred Tax | -212,000 | -520,000 | -7.0M | -1.2M |
| Deferred Income Tax | -212,000 | -520,000 | -7.0M | -1.2M |
| Change In Working Capital | -1.9M | 1.3M | -3.9M | -3.7M |
| Change In Receivables | -4.2M | 2.6M | -1.7M | -2.9M |
| Change In Payables And Accrued Expense | 3.2M | -1.4M | 1.1M | 474,000 |
| Change In Payable | 3.2M | -1.4M | -- | -- |
| Change In Other Working Capital | -762,000 | -40,000 | -2.1M | -998,000 |
| Other Non Cash Items | -9.9M | 4.0M | -4.2M | 7.4M |
| Capital Expenditure | -1.1M | -176,000 | -2.2M | -2.1M |
| Purchase Of PPE | -1.0M | -168,000 | -857,000 | -2.0M |
| Net PPE Purchase And Sale | -1.0M | -168,000 | -352,000 | -1.6M |
| Sale Of Business | 1.6M | 0.00 | 0.00 | 532,000 |
| Purchase Of Investment | -- | -- | -- | 0.00 |
| Net Investment Purchase And Sale | -- | -- | -- | 0.00 |
| Investing Cash Flow | 3.3M | 6.9M | -1.7M | -1.1M |
| Cash Flow From Continuing Investing Activities | 3.3M | 6.9M | -1.7M | -1.1M |
| Issuance Of Debt | -- | -- | -- | 0.00 |
| Repayment Of Debt | -2.1M | -1.5M | -1.1M | -1.4M |
| Net Issuance Payments Of Debt | -2.1M | -1.5M | -1.1M | -1.4M |
| Issuance Of Capital Stock | -- | -- | 0.00 | 38.7M |
| Net Common Stock Issuance | -- | -- | 0.00 | 38.7M |
| Financing Cash Flow | -2.3M | -1.7M | -3.1M | 35.7M |
| Cash Flow From Continuing Financing Activities | -2.3M | -1.7M | -3.1M | 35.7M |
| Effect Of Exchange Rate Changes | -493,000 | 527,000 | 293,000 | 184,000 |
| Changes In Cash | -6.6M | -151,000 | -16.3M | 23.8M |
| Beginning Cash Position | 13.9M | 13.6M | 29.6M | 5.6M |
| End Cash Position | 6.8M | 13.9M | 13.6M | 29.6M |
| Free Cash Flow | -8.8M | -5.6M | -13.7M | -12.9M |
| Amortization Cash Flow | 1.1M | 399,000 | 855,000 | 758,000 |
| Amortization Of Intangibles | 1.1M | 399,000 | 855,000 | 758,000 |
| Asset Impairment Charge | -- | 0.00 | 34.2M | 0.00 |
| Capital Expenditure Reported | -- | 0.00 | -505,000 | 505,000 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Account Payable | 3.2M | -1.4M | -- | -- |
| Change In Prepaid Assets | -109,000 | 194,000 | -1.3M | -249,000 |
| Common Stock Issuance | -- | -- | 0.00 | 38.7M |
| Depreciation | 2.2M | 1.8M | 1.5M | 1.2M |
| Interest Paid Cff | -159,000 | -120,000 | -152,000 | -215,000 |
| Long Term Debt Issuance | -- | -- | -- | 0.00 |
| Long Term Debt Payments | -2.1M | -1.5M | -1.1M | -1.4M |
| Net Business Purchase And Sale | 1.6M | 0.00 | 0.00 | 532,000 |
| Net Foreign Currency Exchange Gain Loss | 896,000 | 28,000 | 1.6M | -352,000 |
| Net Income From Continuing Operations | -629,000 | -12.5M | -36.9M | -19.4M |
| Net Intangibles Purchase And Sale | -72,000 | -8,000 | -837,000 | -578,000 |
| Net Long Term Debt Issuance | -2.1M | -1.5M | -1.1M | -1.4M |
| Net Other Financing Charges | -- | -- | -1.8M | -1.4M |
| Net Other Investing Changes | 2.8M | 7.1M | -823,000 | -520,000 |
| Operating Gains Losses | 896,000 | 28,000 | 1.6M | -352,000 |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 50,000 |
| Provisionand Write Offof Assets | -- | -- | -- | -388,000 |
| Purchase Of Intangibles | -72,000 | -8,000 | -837,000 | -578,000 |
| Sale Of PPE | -- | 0.00 | 505,000 | 442,000 |