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 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | -- | 35,671 | 12,023 | 23,815 |
| Gross Profit | -- | -35,671 | -12,023 | -23,815 |
| Selling General And Administration | 3.6M | 5.4M | 2.2M | 2.0M |
| General And Administrative Expense | 3.6M | 5.4M | 2.2M | 2.0M |
| Other Operating Expenses | -- | 1.1M | 856,415 | 80,490 |
| Operating Expense | 3.6M | 5.4M | 3.1M | 2.1M |
| Operating Income | -3.6M | -5.4M | -3.1M | -2.1M |
| EBIT | -14.3M | 14.1M | -14.0M | -6.0M |
| Interest Expense | 6.0M | 3.0M | 57,700 | 0.00 |
| Interest Expense Non Operating | 6.0M | 3.0M | 57,700 | 0.00 |
| Interest Income | 440,000 | 226,000 | 121,053 | 34,093 |
| Interest Income Non Operating | 440,000 | 226,000 | 121,053 | 34,093 |
| Net Interest Income | -5.6M | -2.7M | 63,353 | 34,093 |
| Other Income Expense | -11.1M | 19.3M | -11.0M | -3.9M |
| Other Non Operating Income Expenses | 832,000 | 667,000 | -- | -- |
| Special Income Charges | 66,000 | 15.1M | -11.0M | -3.9M |
| Gain On Sale Of Security | -11.6M | 3.8M | -39,570 | -30,711 |
| Earnings From Equity Interest | -425,000 | -305,000 | 0.00 | -- |
| Pretax Income | -20.3M | 11.2M | -14.0M | -6.0M |
| Tax Provision | 1.1M | -111,000 | 4.5M | -718,810 |
| Tax Effect Of Unusual Items | -1.7M | 7.6M | -2.9M | -468,422 |
| Net Income From Continuing And Discontinued Operation | -21.4M | 11.3M | -18.6M | -5.3M |
| Net Income From Continuing Operation Net Minority Interest | -21.4M | 11.3M | -18.6M | -5.3M |
| Net Income Including Noncontrolling Interests | -21.4M | 11.3M | -18.6M | -5.3M |
| Net Income Common Stockholders | -21.4M | 11.3M | -18.6M | -5.3M |
| Net Income | -21.4M | 11.3M | -18.6M | -5.3M |
| EBITDA | -14.3M | 14.2M | -14.0M | -5.9M |
| Normalized EBITDA | -2.7M | -4.8M | -2.9M | -2.1M |
| Reconciled Depreciation | 26,000 | 36,000 | 12,023 | 23,815 |
| Basic EPS | -0.08 | 0.05 | -0.09 | -0.03 |
| Diluted EPS | -0.08 | 0.04 | -0.09 | -0.03 |
| Basic Average Shares | 277.1M | 245.8M | 214.8M | 187.5M |
| Diluted Average Shares | 277.1M | 284.2M | 214.8M | 187.5M |
| Total Unusual Items | -11.5M | 19.0M | -11.0M | -3.9M |
| Total Unusual Items Excluding Goodwill | -11.5M | 19.0M | -11.0M | -3.9M |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.26 | 0.12 |
| Normalized Income | -11.6M | -114,800 | -10.4M | -1.8M |
| Diluted NI Availto Com Stockholders | -21.4M | 11.3M | -18.6M | -5.3M |
| Gain On Sale Of Business | 66,000 | 15.1M | 0.00 | -- |
| Gain On Sale Of Ppe | -- | -- | -- | 0.00 |
| Impairment Of Capital Assets | -- | 0.00 | 11.0M | 3.9M |
| Net Income Continuous Operations | -21.4M | 11.3M | -18.6M | -5.3M |
| Net Non Operating Interest Income Expense | -5.6M | -2.7M | 63,353 | 34,093 |
| Other Gand A | 2.1M | 4.0M | 584,938 | 464,467 |
| Reconciled Cost Of Revenue | -- | 35,671 | 12,023 | 23,815 |
| Salaries And Wages | 1.5M | 1.5M | 1.6M | 1.5M |
| Total Expenses | 3.6M | 5.4M | 3.1M | 2.1M |
| Total Operating Income As Reported | -4.3M | 10.3M | -14.0M | -6.0M |
| Total Other Finance Cost | -- | 164,594 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 101.7M | 1.7M | 3.1M | 6.5M |
| Cash Cash Equivalents And Short Term Investments | 103.6M | 1.7M | 3.1M | 6.5M |
| Cash Financial | -- | 1.7M | 3.1M | -- |
| Other Short Term Investments | 1.9M | 12,000 | -- | 0.00 |
| Accounts Receivable | -- | 1.1M | 1.5M | 388,837 |
| Receivables | 1.0M | 1.1M | 1.5M | 388,837 |
| Prepaid Assets | -- | 88,448 | 1.4M | 85,213 |
| Other Current Assets | 101,000 | 88,000 | -- | -- |
| Current Assets | 104.7M | 2.8M | 6.0M | 6.9M |
| Net PPE | 62.0M | 55.7M | 98.2M | 92.8M |
| Investments And Advances | 75.6M | 82.7M | 5,319 | 7,713 |
| Long Term Equity Investment | 75.6M | 82.7M | 0.00 | -- |
| Other Investments | -- | 11,702 | 5,319 | -- |
| Other Non Current Assets | -- | -- | -- | 489,511 |
| Total Non Current Assets | 140.0M | 140.7M | 98.9M | 93.3M |
| Total Assets | 244.8M | 143.5M | 104.8M | 100.2M |
| Current Debt | 50.5M | 31.4M | 6.1M | -- |
| Current Debt And Capital Lease Obligation | 50.5M | 31.4M | 6.1M | -- |
| Accounts Payable | 2.8M | 2.0M | 4.4M | 3.8M |
| Payables | 2.8M | 2.0M | 4.4M | 3.8M |
| Payables And Accrued Expenses | 2.8M | 2.0M | 4.4M | 3.8M |
| Other Current Liabilities | 16.1M | 832,000 | -- | -- |
| Current Liabilities | 69.7M | 34.6M | 10.6M | 4.9M |
| Long Term Debt | -- | 31.4M | -- | -- |
| Long Term Debt And Capital Lease Obligation | -- | 31.4M | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 4.1M | 4.4M | 8.8M | 2.2M |
| Total Liabilities Net Minority Interest | 73.8M | 39.0M | 19.4M | 7.1M |
| Common Stock | 210.3M | 131.8M | 124.3M | 115.4M |
| Capital Stock | 210.3M | 131.8M | 124.3M | 115.4M |
| Additional Paid In Capital | 19.6M | 19.1M | 18.7M | 18.1M |
| Retained Earnings | -70.1M | -48.6M | -59.9M | -41.4M |
| Common Stock Equity | 170.9M | 104.6M | 85.4M | 93.1M |
| Stockholders Equity | 170.9M | 104.6M | 85.4M | 93.1M |
| Total Equity Gross Minority Interest | 170.9M | 104.6M | 85.4M | 93.1M |
| Total Capitalization | 170.9M | 104.6M | 85.4M | 93.1M |
| Net Tangible Assets | 170.9M | 104.6M | 85.4M | 93.1M |
| Tangible Book Value | 170.9M | 104.6M | 85.4M | 93.1M |
| Working Capital | 35.0M | -31.7M | -4.7M | 2.0M |
| Invested Capital | 221.4M | 136.0M | 91.5M | 93.1M |
| Total Debt | 50.5M | 31.4M | 6.1M | -- |
| Net Debt | -- | 29.8M | 3.0M | -- |
| Share Issued | 609.6M | 256.6M | 225.7M | 201.8M |
| Ordinary Shares Number | 609.6M | 256.6M | 225.7M | 201.8M |
| Current Deferred Liabilities | -- | 832,057 | 188,705 | 1.1M |
| Current Provisions | 384,000 | 320,000 | -- | -- |
| Investmentsin Joint Venturesat Cost | 75.6M | 82.7M | 0.00 | -- |
| Long Term Provisions | 4.1M | 4.4M | -- | -- |
| Non Current Deferred Liabilities | -- | 0.00 | 8.8M | 2.2M |
| Non Current Deferred Taxes Liabilities | -- | 0.00 | 8.8M | 2.2M |
| Non Current Prepaid Assets | 2.4M | 2.4M | 710,315 | 489,511 |
| Other Current Borrowings | 50.5M | 31.4M | 6.1M | -- |
| Other Equity Interest | 11.1M | 2.4M | 2.3M | 1.0M |
| Other Receivables | 477,000 | 927,000 | -- | -- |
| Taxes Receivable | 551,000 | 138,000 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -2.4M | -3.6M | -3.4M | -2.6M |
| Cash Flow From Continuing Operating Activities | -2.4M | -3.6M | -3.4M | -2.6M |
| Depreciation And Amortization | 26,000 | 36,000 | 12,023 | 23,815 |
| Depreciation Amortization Depletion | 26,000 | 36,000 | 12,023 | 23,815 |
| Stock Based Compensation | 339,000 | 366,000 | 320,628 | 506,315 |
| Deferred Tax | 1.1M | -778,000 | 4.5M | -718,810 |
| Deferred Income Tax | 1.1M | -778,000 | 4.5M | -718,810 |
| Change In Working Capital | 410,000 | 1.3M | -717,865 | -440,295 |
| Changes In Account Receivables | -- | 413,196 | 75,776 | -221,965 |
| Change In Receivables | 255,000 | 944,000 | 75,776 | -221,965 |
| Change In Payables And Accrued Expense | 168,000 | -266,000 | 720,185 | -160,115 |
| Change In Payable | -- | -266,443 | 720,185 | -160,115 |
| Change In Other Current Assets | -13,000 | 584,000 | -- | -- |
| Other Non Cash Items | 4.5M | 2.8M | 57,700 | -- |
| Capital Expenditure | -5.9M | -10.5M | -24.1M | -8.7M |
| Purchase Of PPE | -5.9M | -10.5M | -24.1M | -8.7M |
| Net PPE Purchase And Sale | -5.9M | -10.5M | -17.6M | -8.6M |
| Purchase Of Business | -- | -1.8M | 0.00 | -- |
| Sale Of Business | 6.7M | 8.3M | 0.00 | -- |
| Purchase Of Investment | -1.0M | 0.00 | -- | -- |
| Sale Of Investment | -- | -- | 0.00 | 117,317 |
| Net Investment Purchase And Sale | -1.0M | 0.00 | 0.00 | 117,317 |
| Investing Cash Flow | 421,000 | -6.2M | -17.6M | -8.5M |
| Cash Flow From Continuing Investing Activities | 421,000 | -6.2M | -17.6M | -8.5M |
| Issuance Of Debt | 0.00 | 6.7M | 6.0M | 0.00 |
| Repayment Of Debt | 0.00 | -6.3M | 0.00 | -- |
| Net Issuance Payments Of Debt | 0.00 | 429,000 | 6.0M | 0.00 |
| Issuance Of Capital Stock | 101.8M | 8.0M | 12.7M | 11.0M |
| Net Common Stock Issuance | 101.8M | 8.0M | 12.7M | 11.0M |
| Financing Cash Flow | 102.0M | 8.4M | 17.6M | 10.2M |
| Cash Flow From Continuing Financing Activities | 102.0M | 8.4M | 17.6M | 10.2M |
| Changes In Cash | 100.0M | -1.4M | -3.4M | -845,877 |
| Beginning Cash Position | 1.7M | 3.1M | 6.5M | 7.3M |
| End Cash Position | 101.7M | 1.7M | 3.1M | 6.5M |
| Free Cash Flow | -8.3M | -14.2M | -27.4M | -11.3M |
| Asset Impairment Charge | -- | 0.00 | 11.0M | 3.9M |
| Change In Prepaid Assets | -- | 1.1M | -1.5M | -58,215 |
| Common Stock Issuance | 101.8M | 8.0M | 12.7M | 11.0M |
| Depreciation | 26,000 | 36,000 | 12,023 | 23,815 |
| Earnings Losses From Equity Investments | 425,000 | 305,000 | -- | -- |
| Gain Loss On Investment Securities | 10.0M | -3.9M | -- | -- |
| Gain Loss On Sale Of Business | -66,000 | -15.1M | 0.00 | -- |
| Interest Received Cfi | 668,000 | 220,000 | -- | -- |
| Long Term Debt Issuance | 0.00 | 6.7M | 0.00 | -- |
| Long Term Debt Payments | 0.00 | -6.3M | -- | -- |
| Net Business Purchase And Sale | 6.7M | 6.5M | 0.00 | -- |
| Net Foreign Currency Exchange Gain Loss | 3.1M | 25,000 | 0.00 | -- |
| Net Income From Continuing Operations | -21.4M | 11.3M | -18.6M | -5.3M |
| Net Long Term Debt Issuance | 0.00 | -6.3M | 0.00 | -- |
| Net Other Financing Charges | -- | -497,855 | -1.1M | -948,568 |
| Net Other Investing Changes | -- | -2.4M | -- | 22,300 |
| Net Short Term Debt Issuance | 0.00 | 6.7M | 6.0M | 0.00 |
| Operating Gains Losses | 13.4M | -18.7M | -- | -- |
| Proceeds From Stock Option Exercised | 150,000 | 0.00 | 18,450 | 150,000 |
| Provisionand Write Offof Assets | 148,000 | 72,000 | 0.00 | -580,000 |
| Sale Of PPE | -- | 0.00 | 6.5M | 100,000 |
| Short Term Debt Issuance | 0.00 | 6.7M | 6.0M | 0.00 |
| Short Term Debt Payments | 0.00 | -6.3M | 0.00 | -- |
| Unrealized Gain Loss On Investment Securities | -909,000 | -6,000 | 2,394 | 15,159 |