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 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Total Revenue | 15.4M | 16.4M | 19.0M | 20.6M | 14.3M | -- |
| Operating Revenue | 15.4M | 16.4M | 19.0M | 20.6M | 14.3M | -- |
| Cost Of Revenue | 14.0M | 14.4M | 16.7M | 18.3M | 13.3M | -- |
| Gross Profit | 1.4M | 2.0M | 2.3M | 2.3M | 987,963 | -- |
| Selling General And Administration | 3.1M | 3.6M | 4.0M | 4.6M | 4.3M | -- |
| General And Administrative Expense | 2.8M | 3.4M | 3.7M | 4.3M | 4.2M | -- |
| Research And Development | 2,571 | 276,513 | 226,800 | 137,989 | 3,246 | -- |
| Depreciation And Amortization In Income Statement | 45,624 | 46,730 | 101,868 | -7,937 | 54,819 | -- |
| Operating Expense | 3.2M | 4.0M | 4.3M | 4.8M | 4.4M | -- |
| Operating Income | -1.8M | -2.0M | -2.0M | -2.5M | -3.4M | -- |
| EBIT | -2.3M | -2.1M | -2.9M | -2.2M | -3.6M | -- |
| Interest Expense | 126,842 | 139,670 | 159,986 | 252,994 | 139,461 | -- |
| Interest Expense Non Operating | 126,842 | 139,670 | 159,986 | 252,994 | 139,461 | -- |
| Net Interest Income | -136,842 | -155,220 | -385,803 | -283,626 | -160,723 | -- |
| Other Income Expense | -452,004 | -79,901 | -656,266 | 365,230 | -193,644 | -- |
| Other Non Operating Income Expenses | -262.00 | 50,747 | 903.00 | 640,193 | 11,520 | -- |
| Special Income Charges | -634,221 | -41,609 | -66,216 | -30,077 | -300,988 | -- |
| Restructuring And Mergern Acquisition | 19,554 | 41,609 | 66,943 | 61,619 | 307,771 | -- |
| Write Off | 146,913 | 0.00 | 0.00 | -36,329 | -6,376 | -- |
| Gain On Sale Of Security | 182,479 | -89,039 | -590,953 | -244,886 | 95,824 | -- |
| Pretax Income | -2.4M | -2.2M | -3.0M | -2.4M | -3.8M | -- |
| Tax Provision | 56,509 | 9,844 | -- | 21,892 | -4,806 | 8,482 |
| Tax Effect Of Unusual Items | -67,761 | -19,597 | 0.00 | -41,244 | -261.80 | -- |
| Net Income From Continuing And Discontinued Operation | -1.0M | -2.2M | -3.0M | -2.4M | -4.0M | -- |
| Net Income From Continuing Operation Net Minority Interest | -2.5M | -2.2M | -3.0M | -2.4M | -3.8M | -- |
| Net Income Including Noncontrolling Interests | -1.0M | -2.2M | -3.0M | -2.4M | -4.0M | -- |
| Net Income Common Stockholders | -1.0M | -2.2M | -3.0M | -2.4M | -4.0M | -- |
| Net Income | -1.0M | -2.2M | -3.0M | -2.4M | -4.0M | -- |
| EBITDA | -2.2M | -2.0M | -2.8M | -2.2M | -3.6M | -- |
| Normalized EBITDA | -1.8M | -1.9M | -2.1M | -1.9M | -3.4M | -- |
| Reconciled Depreciation | 45,624 | 46,730 | 101,868 | -7,937 | 54,819 | -- |
| Basic EPS | -0.01 | -0.03 | -0.04 | -- | -0.08 | -0.10 |
| Diluted EPS | -0.01 | -0.03 | -0.04 | -- | -0.08 | -0.10 |
| Basic Average Shares | 78.5M | 78.5M | 69.0M | -- | 49.3M | 37.1M |
| Diluted Average Shares | 78.5M | 78.5M | 69.0M | -- | 49.3M | 37.1M |
| Total Unusual Items | -451,742 | -130,648 | -657,169 | -274,963 | -205,164 | -- |
| Total Unusual Items Excluding Goodwill | -451,742 | -130,648 | -657,169 | -274,963 | -205,164 | -- |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.00 | 0.15 | 0.00 | -- |
| Normalized Income | -2.1M | -2.1M | -2.4M | -2.2M | -3.6M | -- |
| Amortization | -- | -- | 101,868 | -7,937 | 86,344 | 107,834 |
| Amortization Of Intangibles Income Statement | -- | -- | 101,868 | -7,937 | 86,344 | 107,834 |
| Depreciation Amortization Depletion Income Statement | 45,624 | 46,730 | 101,868 | -7,937 | 54,819 | -- |
| Diluted NI Availto Com Stockholders | -1.0M | -2.2M | -3.0M | -2.4M | -4.0M | -- |
| Gain On Sale Of Ppe | 0.00 | 0.00 | 1,669 | 0.00 | 407.00 | -- |
| Impairment Of Capital Assets | 467,754 | -- | 942.00 | -- | 0.00 | 1,579 |
| Insurance And Claims | 60,565 | 40,731 | 42,987 | 42,762 | 112,685 | -- |
| Net Income Continuous Operations | -2.5M | -2.2M | -3.0M | -2.4M | -3.8M | -- |
| Net Income Discontinuous Operations | 1.5M | -- | -- | -- | -224,050 | -- |
| Net Non Operating Interest Income Expense | -136,842 | -155,220 | -385,803 | -283,626 | -160,723 | -- |
| Other Gand A | 978,702 | 1.2M | 1.1M | 1.6M | 1.7M | -- |
| Other Special Charges | -- | -- | -- | 0.00 | -- | 2.3M |
| Reconciled Cost Of Revenue | 14.0M | 14.4M | 16.7M | 18.3M | 13.3M | -- |
| Salaries And Wages | 1.7M | 2.1M | 2.5M | 2.7M | 2.4M | -- |
| Selling And Marketing Expense | 359,848 | 271,123 | 278,156 | 316,386 | 104,642 | -- |
| Total Expenses | 17.2M | 18.4M | 21.0M | 23.1M | 17.7M | -- |
| Total Operating Income As Reported | -2.4M | -2.0M | -2.0M | -2.5M | -3.4M | -- |
| Total Other Finance Cost | 10,000 | 15,550 | 225,817 | 30,632 | 21,262 | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 1.5M | 1.7M | 2.6M | 1.4M | 3.4M | -- |
| Cash Cash Equivalents And Short Term Investments | 3.1M | 1.7M | 2.6M | 1.4M | 3.4M | -- |
| Other Short Term Investments | 1.6M | -- | -- | -- | -- | -- |
| Accounts Receivable | 3.0M | 5.8M | 7.3M | 8.7M | 10.4M | -- |
| Receivables | 3.8M | 6.6M | 8.4M | 9.3M | 10.6M | -- |
| Inventory | 655,207 | 556,380 | 592,170 | 12,005 | 5.1M | -- |
| Prepaid Assets | 11.6M | 16.2M | 25.3M | 19.8M | 713,043 | -- |
| Current Assets | 19.2M | 25.1M | 36.9M | 30.5M | 19.9M | -- |
| Gross PPE | 201,393 | 215,331 | 215,331 | 285,883 | 293,072 | -- |
| Accumulated Depreciation | -174,767 | -188,504 | -185,100 | -183,429 | -178,384 | -- |
| Net PPE | 26,626 | 26,827 | 30,231 | 102,454 | 114,688 | -- |
| Goodwill | 2.4M | 2.4M | 2.5M | 2.5M | 3.5M | -- |
| Goodwill And Other Intangible Assets | 3.1M | 3.6M | 3.8M | 3.8M | 5.1M | -- |
| Other Intangible Assets | 668,225 | 1.2M | 1.3M | 1.3M | 1.6M | -- |
| Other Non Current Assets | 33,952 | 33,771 | 36,346 | 36,970 | 35,335 | -- |
| Total Non Current Assets | 3.2M | 3.6M | 3.8M | 4.0M | 5.3M | -- |
| Total Assets | 22.4M | 28.7M | 40.8M | 34.5M | 25.2M | -- |
| Current Debt | 1.4M | 1.0M | 2.3M | 2.4M | 3.9M | -- |
| Current Debt And Capital Lease Obligation | 1.4M | 1.0M | 2.3M | 2.4M | 3.9M | -- |
| Accounts Payable | 8.9M | 7.6M | 9.6M | 11.5M | 12.9M | -- |
| Payables | 8.9M | 7.6M | 9.6M | 11.4M | 13.0M | -- |
| Payables And Accrued Expenses | 9.9M | 8.4M | 10.4M | 12.1M | 18.8M | -- |
| Current Accrued Expenses | 961,386 | 823,054 | 804,997 | 709,835 | 5.8M | -- |
| Current Deferred Revenue | 14.6M | 21.6M | 28.6M | 24.7M | 1.3M | -- |
| Current Liabilities | 25.8M | 31.0M | 41.3M | 39.3M | 24.0M | -- |
| Long Term Debt | -- | 336,727 | 328,296 | 328,296 | 319,865 | 478,609 |
| Long Term Debt And Capital Lease Obligation | -- | 336,727 | 328,296 | 328,296 | 319,865 | 478,609 |
| Long Term Capital Lease Obligation | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Other Non Current Liabilities | -- | -- | -- | -- | -- | 248,465 |
| Total Non Current Liabilities Net Minority Interest | 25,047 | 355,115 | 347,726 | 347,736 | 338,735 | -- |
| Total Liabilities Net Minority Interest | 25.9M | 31.3M | 41.6M | 39.6M | 24.4M | -- |
| Common Stock | 45.4M | 45.3M | 44.9M | 38.5M | 37.5M | -- |
| Capital Stock | 45.4M | 45.3M | 44.9M | 38.5M | 37.5M | -- |
| Additional Paid In Capital | 5.8M | 5.6M | 5.2M | 4.9M | 4.3M | -- |
| Retained Earnings | -55.0M | -54.0M | -51.8M | -48.8M | -42.3M | -- |
| Gains Losses Not Affecting Retained Earnings | 382,758 | 385,736 | 860,799 | 159,528 | 1.3M | -- |
| Other Equity Adjustments | 260,242 | 260,242 | 924,444 | 754,642 | 1.3M | -- |
| Common Stock Equity | -3.5M | -2.7M | -827,716 | -5.1M | 810,846 | -- |
| Stockholders Equity | -3.5M | -2.7M | -827,716 | -5.1M | 810,846 | -- |
| Total Equity Gross Minority Interest | -3.5M | -2.7M | -827,716 | -5.1M | 810,846 | -- |
| Total Capitalization | -3.5M | -2.3M | -499,420 | -4.8M | 1.1M | -- |
| Net Tangible Assets | -6.6M | -6.2M | -4.6M | -9.0M | -4.3M | -- |
| Tangible Book Value | -6.6M | -6.2M | -4.6M | -9.0M | -4.3M | -- |
| Working Capital | -6.6M | -5.9M | -4.3M | -8.8M | -4.1M | -- |
| Invested Capital | -2.1M | -1.3M | 1.8M | -2.4M | 5.0M | -- |
| Total Debt | 1.4M | 1.3M | 2.6M | 2.7M | 4.2M | -- |
| Net Debt | -- | -- | -- | 1.3M | 786,834 | 75,576 |
| Share Issued | 78.7M | 78.5M | 78.5M | 59.6M | 56.9M | -- |
| Ordinary Shares Number | 78.7M | 78.5M | 78.5M | 59.6M | 56.9M | -- |
| Buildings And Improvements | 0.00 | 0.00 | 0.00 | 6,495 | 32,929 | -- |
| Capital Lease Obligations | 0.00 | 0.00 | 0.00 | 12,390 | 51,950 | -- |
| Current Capital Lease Obligation | 0.00 | 0.00 | 0.00 | 12,390 | 51,950 | -- |
| Current Deferred Liabilities | 14.6M | 21.6M | 28.6M | 24.7M | 1.3M | -- |
| Finished Goods | 655,207 | 556,380 | 592,170 | 12,005 | 5.1M | -- |
| Foreign Currency Translation Adjustments | 122,516 | 125,494 | -63,645 | -595,114 | -48,154 | -- |
| Line Of Credit | 1.1M | 1.0M | 2.3M | 2.4M | 3.9M | -- |
| Machinery Furniture Equipment | -- | -- | -- | 274,972 | 260,143 | 242,767 |
| Non Current Deferred Liabilities | 25,047 | 18,388 | 19,430 | 19,440 | 18,870 | -- |
| Non Current Deferred Taxes Liabilities | 25,047 | 18,388 | 19,430 | 19,440 | 18,870 | -- |
| Other Current Borrowings | 336,727 | -- | -- | -- | -- | -- |
| Other Payable | 27,784 | 1,051 | -28,357 | -60,670 | 26,988 | -- |
| Other Properties | 201,393 | 215,331 | 215,331 | 279,388 | 260,143 | -- |
| Other Receivables | 675,681 | 749,463 | 895,216 | 433,002 | -- | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Restricted Cash | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | -- |
| Taxes Receivable | 98,625 | 125,534 | 211,614 | 128,979 | 193,369 | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -169,878 | 47,795 | -5.1M | -621,715 | -4.7M | -- |
| Cash Flow From Continuing Operating Activities | -169,878 | 47,795 | -5.1M | -621,715 | -4.7M | -- |
| Depreciation And Amortization | 45,624 | 46,730 | 101,868 | -7,937 | 54,819 | -- |
| Depreciation Amortization Depletion | 45,624 | 46,730 | 101,868 | -7,937 | 54,819 | -- |
| Stock Based Compensation | 138,707 | 209,093 | 224,342 | 362,889 | 888,952 | -- |
| Deferred Tax | 56,509 | 9,844 | -- | 21,892 | -4,806 | 8,482 |
| Deferred Income Tax | 56,509 | 9,844 | -- | 21,892 | -4,806 | 8,482 |
| Change In Working Capital | 1.6M | 1.9M | -3.0M | 1.2M | -1.8M | -- |
| Changes In Account Receivables | 2.6M | 1.5M | 1.4M | -10.3M | 2.0M | -- |
| Change In Receivables | 2.8M | 1.8M | 867,159 | -10.7M | 1.9M | -- |
| Change In Inventory | -98,827 | 35,790 | -580,165 | 5.1M | -3.0M | -- |
| Change In Payables And Accrued Expense | 1.4M | -2.0M | -1.7M | 5.1M | -1.9M | -- |
| Change In Payable | 1.4M | -2.0M | -1.7M | 5.1M | -1.9M | -- |
| Change In Other Working Capital | -7.1M | -7.0M | 3.9M | 6.5M | -2.9M | -- |
| Change In Other Current Assets | -181.00 | 2,575 | 624.00 | -1,635 | 985.00 | -- |
| Change In Other Current Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | -248,465 | -- |
| Other Non Cash Items | -- | 8,431 | 6,331 | 297,693 | 18,669 | 2.0M |
| Capital Expenditure | -- | -- | -- | -14,418 | -21,796 | -2,414 |
| Purchase Of PPE | 0.00 | -- | -- | -14,418 | -21,796 | -2,414 |
| Net PPE Purchase And Sale | 0.00 | 0.00 | 12,954 | -14,418 | -21,796 | -- |
| Investing Cash Flow | 0.00 | 0.00 | 12,954 | -14,418 | -21,796 | -- |
| Cash Flow From Continuing Investing Activities | 0.00 | 0.00 | 12,954 | -14,418 | -21,796 | -- |
| Repayment Of Debt | 0.00 | -1.2M | -145,827 | -2.5M | -29,199 | -- |
| Net Issuance Payments Of Debt | 35,166 | -1.2M | -145,827 | -1.7M | 1.4M | -- |
| Issuance Of Capital Stock | 0.00 | 0.00 | 4.7M | 0.00 | 0.00 | -- |
| Net Common Stock Issuance | 0.00 | 0.00 | 4.7M | 0.00 | 0.00 | -- |
| Financing Cash Flow | 35,166 | -1.2M | 6.4M | -1.0M | 5.0M | -- |
| Cash Flow From Continuing Financing Activities | 35,166 | -1.2M | 6.4M | -1.0M | 5.0M | -- |
| Effect Of Exchange Rate Changes | -85,164 | 220,734 | -60,405 | -342,666 | 319,076 | -- |
| Changes In Cash | -134,712 | -1.1M | 1.3M | -1.7M | 199,119 | -- |
| Beginning Cash Position | 1.7M | 2.7M | 1.4M | 3.4M | 2.9M | -- |
| End Cash Position | 1.5M | 1.7M | 2.7M | 1.4M | 3.4M | -- |
| Free Cash Flow | -169,878 | 47,795 | -5.1M | -636,133 | -4.8M | -- |
| Amortization Cash Flow | -- | 46,730 | 101,868 | -- | -- | 81,416 |
| Amortization Of Intangibles | -- | 46,730 | 101,868 | -- | -- | 81,416 |
| Asset Impairment Charge | 614,667 | 0.00 | 942.00 | -31,542 | -6,783 | -- |
| Change In Prepaid Assets | 4.6M | 9.1M | -5.5M | -4.8M | 4.3M | -- |
| Common Stock Issuance | 0.00 | 0.00 | 4.7M | 0.00 | 0.00 | -- |
| Gain Loss On Sale Of Business | -1.5M | -- | -- | -- | 0.00 | -- |
| Long Term Debt Payments | 0.00 | 0.00 | -13,168 | -39,797 | -29,199 | -- |
| Net Business Purchase And Sale | -- | 0.00 | 0.00 | -- | -- | 0.00 |
| Net Foreign Currency Exchange Gain Loss | 27,521 | 89,039 | 590,953 | -20,320 | 95,824 | -- |
| Net Income From Continuing Operations | -1.0M | -2.2M | -3.0M | -2.4M | -4.0M | -- |
| Net Long Term Debt Issuance | 0.00 | 0.00 | -13,168 | -39,797 | -29,199 | -- |
| Net Short Term Debt Issuance | 35,166 | -1.2M | -132,659 | -1.7M | 1.4M | -- |
| Operating Gains Losses | -1.4M | 89,039 | 589,284 | -20,320 | 95,824 | -- |
| Proceeds From Stock Option Exercised | 0.00 | 0.00 | 1.9M | 695,460 | 3.6M | -- |
| Sale Of PPE | -- | 0.00 | -- | -- | -- | -- |
| Short Term Debt Payments | -- | -1.2M | -132,659 | -- | -- | -1.4M |
| Unrealized Gain Loss On Investment Securities | -210,000 | -- | -- | -- | 0.00 | -- |