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 | 20.7M | 14.0M | 22.1M | 19.5M |
| Operating Revenue | 20.7M | 14.0M | 22.1M | 19.5M |
| Cost Of Revenue | 18.9M | 12.7M | 20.9M | 17.5M |
| Gross Profit | 1.8M | 1.3M | 1.3M | 2.0M |
| Selling General And Administration | 3.4M | 2.3M | 6.9M | 6.0M |
| General And Administrative Expense | 3.4M | 2.3M | 6.9M | 6.0M |
| Depreciation And Amortization In Income Statement | 165,200 | 165,200 | 118,879 | 47,530 |
| Other Operating Expenses | 573,341 | 449,919 | 922,943 | 962,988 |
| Operating Expense | 4.2M | 2.9M | 7.9M | 7.0M |
| Operating Income | -2.4M | -1.6M | -6.7M | -5.0M |
| EBIT | -2.0M | -2.2M | -9.4M | -5.4M |
| Interest Expense | 1.2M | 3.5M | 1.5M | 971,287 |
| Interest Expense Non Operating | 1.2M | 3.5M | 1.5M | 971,287 |
| Net Interest Income | -1.2M | -3.5M | -1.5M | -964,287 |
| Other Income Expense | 392,252 | -547,605 | -2.7M | -378,520 |
| Other Non Operating Income Expenses | -51,675 | 22,855 | 28,261 | 142,480 |
| Special Income Charges | 227,813 | -104,736 | -2.0M | -899,304 |
| Restructuring And Mergern Acquisition | 196,766 | 46,021 | -198,274 | 0.00 |
| Write Off | -57,639 | 58,715 | 822,995 | 3,761 |
| Gain On Sale Of Security | 216,114 | -442,869 | -750,604 | 378,304 |
| Pretax Income | -3.3M | -5.6M | -10.9M | -6.3M |
| Tax Provision | -109,000 | 0.00 | -66,700 | 0.00 |
| Tax Effect Of Unusual Items | 14,847 | 0.00 | -16,710 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -2.0M | -13.4M | -10.6M | -6.3M |
| Net Income From Continuing Operation Net Minority Interest | -3.2M | -5.6M | -10.6M | -6.3M |
| Net Income Including Noncontrolling Interests | -2.0M | -13.4M | -10.8M | -6.3M |
| Minority Interests | -- | 555.00 | 266,255 | -- |
| Net Income Common Stockholders | -2.0M | -13.4M | -10.6M | -6.3M |
| Net Income | -2.0M | -13.4M | -10.6M | -6.3M |
| EBITDA | -1.9M | -2.0M | -9.2M | -5.3M |
| Normalized EBITDA | -2.3M | -1.4M | -6.5M | -4.8M |
| Reconciled Depreciation | 165,200 | 165,200 | 118,879 | 47,530 |
| Basic EPS | -0.06 | -0.47 | -0.39 | -0.20 |
| Diluted EPS | -0.06 | -0.47 | -0.39 | -0.20 |
| Basic Average Shares | 32.6M | 28.6M | 28.2M | 25.7M |
| Diluted Average Shares | 32.6M | 28.6M | 28.2M | 25.7M |
| Total Unusual Items | 443,927 | -547,605 | -2.7M | -521,000 |
| Total Unusual Items Excluding Goodwill | 443,927 | -547,605 | -2.7M | -521,000 |
| Tax Rate For Calcs | 0.03 | 0.00 | 0.01 | 0.00 |
| Normalized Income | -3.6M | -5.1M | -7.8M | -5.8M |
| Amortization | 165,200 | 165,200 | 118,879 | 47,530 |
| Amortization Of Intangibles Income Statement | 165,200 | 165,200 | 118,879 | 47,530 |
| Depreciation Amortization Depletion Income Statement | 165,200 | 165,200 | 118,879 | 47,530 |
| Diluted NI Availto Com Stockholders | -2.0M | -13.4M | -10.6M | -6.3M |
| Gain On Sale Of Business | 366,940 | 0.00 | -- | 0.00 |
| Impairment Of Capital Assets | -- | 533,115 | 1.3M | 0.00 |
| Net Income Continuous Operations | -3.2M | -5.6M | -10.8M | -6.3M |
| Net Income Discontinuous Operations | 1.2M | -7.8M | -- | -- |
| Net Non Operating Interest Income Expense | -1.2M | -3.5M | -1.5M | -964,287 |
| Other Gand A | 1.4M | 1.1M | 2.6M | 2.2M |
| Other Special Charges | -- | -100,889 | 72,368 | 895,543 |
| Reconciled Cost Of Revenue | 18.9M | 12.7M | 20.9M | 17.5M |
| Salaries And Wages | 2.0M | 1.2M | 4.3M | 3.7M |
| Total Expenses | 23.1M | 15.6M | 28.8M | 24.5M |
| Total Other Finance Cost | -- | -- | -- | -7,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 291,174 | 186,295 | 5.8M | 11.9M |
| Cash Cash Equivalents And Short Term Investments | 291,174 | 195,045 | 5.9M | 11.9M |
| Cash Financial | 291,174 | 186,295 | 5.8M | 11.9M |
| Other Short Term Investments | 0.00 | 8,750 | 92,541 | 0.00 |
| Accounts Receivable | 2.0M | 1.9M | 2.1M | 2.9M |
| Receivables | 2.0M | 2.4M | 2.3M | 3.2M |
| Inventory | 2.0M | 1.2M | 235,418 | 316,324 |
| Prepaid Assets | 148,316 | 648,926 | 1.5M | 2.7M |
| Other Current Assets | -- | -- | -1.00 | -- |
| Current Assets | 4.6M | 4.5M | 9.9M | 18.1M |
| Gross PPE | 0.00 | 875,675 | 0.00 | -- |
| Net PPE | 0.00 | 875,675 | 0.00 | -- |
| Goodwill | 898,828 | 898,828 | 0.00 | 757,439 |
| Goodwill And Other Intangible Assets | 1.4M | 1.6M | 550,338 | 1.8M |
| Other Intangible Assets | 495,601 | 660,801 | 550,338 | 1.1M |
| Investments And Advances | -- | -- | 0.00 | 1.1M |
| Other Investments | -- | -- | 0.00 | 1.1M |
| Total Non Current Assets | 1.4M | 2.4M | 1.4M | 2.9M |
| Total Assets | 6.0M | 6.9M | 11.4M | 21.0M |
| Current Debt | 12.5M | 10.7M | 1.6M | 2.7M |
| Current Debt And Capital Lease Obligation | 12.5M | 10.9M | 1.6M | 2.7M |
| Accounts Payable | -- | -- | 4.2M | 4.3M |
| Payables | -- | -- | 4.2M | 4.3M |
| Payables And Accrued Expenses | 6.7M | 8.5M | 4.2M | 5.7M |
| Current Accrued Expenses | -- | -- | 1.3M | 1.3M |
| Other Current Liabilities | 1.00 | 1.3M | 1.3M | -- |
| Current Liabilities | 19.2M | 20.7M | 7.1M | 8.4M |
| Long Term Debt | 172,505 | 650,342 | 7.4M | 5.8M |
| Long Term Debt And Capital Lease Obligation | 172,505 | 1.3M | 7.4M | 5.8M |
| Long Term Capital Lease Obligation | 0.00 | 611,813 | 0.00 | -- |
| Total Non Current Liabilities Net Minority Interest | 723,993 | 1.7M | 7.5M | 5.9M |
| Total Liabilities Net Minority Interest | 19.9M | 22.5M | 14.5M | 14.3M |
| Common Stock | 35.8M | 35.3M | 34.8M | 33.9M |
| Capital Stock | 35.8M | 35.3M | 34.8M | 33.9M |
| Retained Earnings | -60.8M | -58.8M | -45.4M | -34.6M |
| Gains Losses Not Affecting Retained Earnings | 3.7M | 3.1M | 3.0M | 6.6M |
| Other Equity Adjustments | 2.7M | 2.7M | 2.6M | -- |
| Common Stock Equity | -13.9M | -15.5M | -3.2M | 6.7M |
| Stockholders Equity | -13.9M | -15.5M | -3.2M | 6.7M |
| Total Equity Gross Minority Interest | -13.9M | -15.5M | -3.2M | 6.7M |
| Total Capitalization | -13.7M | -14.9M | 4.2M | 12.4M |
| Net Tangible Assets | -15.3M | -17.1M | -3.7M | 4.8M |
| Tangible Book Value | -15.3M | -17.1M | -3.7M | 4.8M |
| Working Capital | -14.6M | -16.3M | 2.9M | 9.7M |
| Invested Capital | -1.2M | -4.2M | 5.8M | 15.1M |
| Total Debt | 12.7M | 12.2M | 9.0M | 8.4M |
| Net Debt | 12.4M | 11.2M | 3.2M | -- |
| Share Issued | 34.3M | 28.6M | 28.2M | 27.7M |
| Ordinary Shares Number | 34.3M | 28.6M | 28.2M | 27.7M |
| Buildings And Improvements | 0.00 | 841,575 | 0.00 | -- |
| Capital Lease Obligations | 0.00 | 864,451 | 0.00 | -- |
| Construction In Progress | 0.00 | 34,100 | 0.00 | -- |
| Current Capital Lease Obligation | 0.00 | 252,638 | 0.00 | -- |
| Finished Goods | 2.0M | 1.2M | 235,418 | 316,324 |
| Foreign Currency Translation Adjustments | 1.1M | 414,018 | 414,573 | -- |
| Hedging Assets Current | 82,875 | 0.00 | 38,712 | 0.00 |
| Investmentin Financial Assets | -- | -- | -- | 1.1M |
| Non Current Deferred Liabilities | 163,400 | 272,400 | 64,800 | 131,500 |
| Non Current Deferred Taxes Liabilities | 163,400 | 272,400 | 64,800 | 131,500 |
| Non Current Prepaid Assets | -- | 0.00 | 885,229 | 0.00 |
| Other Current Borrowings | 12.5M | 10.7M | 1.6M | 2.7M |
| Other Equity Interest | 7.3M | 4.9M | 4.4M | 797,770 |
| Other Receivables | -- | 223,140 | 7,339 | 130,225 |
| Restricted Cash | 66,425 | 69,187 | 0.00 | -- |
| Taxes Receivable | 64,186 | 219,984 | 153,096 | 153,971 |
| Tradeand Other Payables Non Current | 388,088 | 178,389 | 0.00 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -3.0M | -3.9M | -5.7M | -5.9M |
| Cash Flow From Continuing Operating Activities | -1.4M | -1.5M | -5.7M | -5.9M |
| Depreciation And Amortization | 165,200 | 165,200 | 118,879 | 47,530 |
| Depreciation Amortization Depletion | 165,200 | 165,200 | 118,879 | 47,530 |
| Stock Based Compensation | 831,649 | 657,123 | 917,017 | 1.3M |
| Deferred Tax | -109,000 | 0.00 | -66,700 | -- |
| Deferred Income Tax | -109,000 | 0.00 | -66,700 | -- |
| Change In Working Capital | 80,667 | -614,589 | 919,836 | -2.1M |
| Changes In Account Receivables | -- | -407,952 | 732,856 | -123,221 |
| Change In Receivables | -1.0M | -742,547 | 732,856 | -123,221 |
| Change In Inventory | -1.1M | -480,939 | 80,906 | -66,044 |
| Change In Payables And Accrued Expense | 2.4M | 596,563 | -386,894 | 127,123 |
| Change In Other Working Capital | -66,425 | -174,938 | 566,895 | -- |
| Other Non Cash Items | 1.5M | 3.5M | 971,939 | 1.1M |
| Capital Expenditure | -- | -19,552 | -118,355 | -- |
| Purchase Of Business | -57,437 | -361,450 | 0.00 | -1.1M |
| Sale Of Business | 1.00 | 40,345 | 0.00 | 259,056 |
| Sale Of Investment | 17,254 | 2,099 | 0.00 | 469,012 |
| Net Investment Purchase And Sale | 17,254 | 2,099 | 0.00 | 469,012 |
| Investing Cash Flow | -27,028 | -318,380 | -43,349 | -357,407 |
| Cash Flow From Continuing Investing Activities | -27,028 | -298,828 | -43,349 | -357,407 |
| Issuance Of Debt | 2.1M | 1.5M | 0.00 | 7.4M |
| Repayment Of Debt | -774,710 | -2.1M | -41,000 | -295,954 |
| Net Issuance Payments Of Debt | 1.3M | -656,378 | -41,000 | 7.1M |
| Issuance Of Capital Stock | 575,000 | 0.00 | 0.00 | 5.9M |
| Net Common Stock Issuance | 575,000 | 0.00 | 0.00 | 5.9M |
| Financing Cash Flow | 3.2M | -1.4M | -312,041 | 14.0M |
| Cash Flow From Continuing Financing Activities | 3.4M | -864,578 | -312,041 | 14.0M |
| Effect Of Exchange Rate Changes | 7,665 | 6,472 | -23,783 | 17,184 |
| Changes In Cash | 97,214 | -5.6M | -6.1M | 7.7M |
| Beginning Cash Position | 186,295 | 5.8M | 11.9M | 4.1M |
| End Cash Position | 291,174 | 186,295 | 5.8M | 11.9M |
| Free Cash Flow | -3.0M | -3.9M | -5.8M | -5.9M |
| Amortization Cash Flow | 165,200 | 165,200 | 118,879 | 47,530 |
| Amortization Of Intangibles | 165,200 | 165,200 | 118,879 | 47,530 |
| Asset Impairment Charge | 0.00 | 58,715 | 1.5M | 3,761 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash From Discontinued Financing Activities | -208,334 | -521,183 | -- | -- |
| Cash From Discontinued Investing Activities | 0.00 | -19,552 | -- | -- |
| Cash From Discontinued Operating Activities | -1.7M | -2.4M | -- | -- |
| Change In Prepaid Assets | -99,478 | 12,334 | -73,927 | -2.1M |
| Common Stock Issuance | 575,000 | 0.00 | 0.00 | 5.9M |
| Gain Loss On Investment Securities | -365,211 | 279,010 | -25,314 | 141,164 |
| Gain Loss On Sale Of Business | -366,940 | 0.00 | -- | -- |
| Interest Paid Cff | -33,068 | -278,200 | -388,227 | -255,916 |
| Interest Received Cfi | 13,154 | 20,178 | 75,006 | 0.00 |
| Long Term Debt Issuance | 0.00 | 1.0M | 0.00 | 7.4M |
| Long Term Debt Payments | 0.00 | -2.1M | -41,000 | 0.00 |
| Net Business Purchase And Sale | -57,436 | -321,105 | 0.00 | -826,419 |
| Net Foreign Currency Exchange Gain Loss | 37,007 | -17,065 | -225,705 | -62,881 |
| Net Income From Continuing Operations | -3.2M | -5.6M | -10.8M | -6.3M |
| Net Intangibles Purchase And Sale | -- | -19,552 | -118,355 | 0.00 |
| Net Long Term Debt Issuance | 0.00 | -1.1M | -41,000 | 7.4M |
| Net Other Financing Charges | 1.5M | -38,096 | -- | -- |
| Net Other Investing Changes | -- | -- | -885,229 | -- |
| Net Short Term Debt Issuance | 1.3M | 471,110 | 0.00 | -295,954 |
| Operating Gains Losses | -695,144 | 261,945 | -182,813 | 651,186 |
| Proceeds From Stock Option Exercised | 0.00 | 70,000 | 117,186 | 1.2M |
| Purchase Of Intangibles | -- | -19,552 | -118,355 | 0.00 |
| Short Term Debt Issuance | 2.1M | 471,110 | 0.00 | 0.00 |
| Short Term Debt Payments | -774,710 | 0.00 | 0.00 | -295,954 |
| Unrealized Gain Loss On Investment Securities | -985.00 | 80,875 | 959,074 | -587,209 |