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 | 91.3M | 69.6M | 40.9M | 25.6M |
| Operating Revenue | 91.3M | 69.6M | 40.9M | 25.6M |
| Cost Of Revenue | 46.6M | 35.6M | 23.9M | 14.3M |
| Gross Profit | 44.7M | 34.0M | 17.0M | 11.3M |
| Selling General And Administration | 21.0M | 17.9M | 13.2M | 8.7M |
| General And Administrative Expense | 21.0M | 17.9M | 13.2M | 8.7M |
| Research And Development | 6.2M | 4.5M | 1.3M | 2.3M |
| Depreciation And Amortization In Income Statement | 5.7M | 4.9M | 4.8M | 2.9M |
| Operating Expense | 30.9M | 26.3M | 18.6M | 13.3M |
| Operating Income | 13.8M | 7.6M | -1.5M | -2.0M |
| EBIT | 12.4M | 6.8M | -4.5M | -3.1M |
| Interest Expense | 340,000 | 510,000 | 763,000 | 553,000 |
| Interest Expense Non Operating | 340,000 | 510,000 | 763,000 | 553,000 |
| Interest Income | 688,000 | 0.00 | -- | -- |
| Interest Income Non Operating | 688,000 | 0.00 | -- | -- |
| Net Interest Income | -1.7M | -1.5M | -2.0M | -1.3M |
| Other Income Expense | -40,000 | 153,000 | -1.8M | -328,000 |
| Special Income Charges | 3,000 | 1.1M | -1.5M | -357,000 |
| Restructuring And Mergern Acquisition | 0.00 | -3.9M | 1.3M | 357,000 |
| Gain On Sale Of Security | -43,000 | -975,000 | -301,000 | 29,000 |
| Pretax Income | 12.0M | 6.3M | -5.3M | -3.6M |
| Tax Provision | -8.1M | 776,000 | -1.1M | -106,000 |
| Tax Effect Of Unusual Items | -6,000 | 18,780 | -357,328 | -9,544 |
| Net Income From Continuing And Discontinued Operation | 20.1M | 5.5M | -4.2M | -3.5M |
| Net Income From Continuing Operation Net Minority Interest | 20.1M | 5.5M | -4.2M | -3.5M |
| Net Income Including Noncontrolling Interests | 20.1M | 5.5M | -4.2M | -3.5M |
| Net Income Common Stockholders | 20.1M | 5.5M | -4.2M | -3.5M |
| Net Income | 20.1M | 5.5M | -4.2M | -3.5M |
| EBITDA | 18.1M | 11.8M | 242,000 | -176,000 |
| Normalized EBITDA | 18.1M | 11.6M | 2.0M | 152,000 |
| Reconciled Depreciation | 5.7M | 4.9M | 4.8M | 2.9M |
| Basic EPS | 0.08 | 0.03 | -0.02 | -0.02 |
| Diluted EPS | 0.09 | 0.03 | -0.02 | -0.02 |
| Basic Average Shares | 262.7M | 206.0M | 201.2M | 182.5M |
| Diluted Average Shares | 262.7M | 207.2M | 201.2M | 182.5M |
| Total Unusual Items | -40,000 | 153,000 | -1.8M | -328,000 |
| Total Unusual Items Excluding Goodwill | -40,000 | 153,000 | -1.8M | -328,000 |
| Tax Rate For Calcs | 0.15 | 0.12 | 0.20 | 0.03 |
| Normalized Income | 20.1M | 5.4M | -2.8M | -3.2M |
| Depreciation Amortization Depletion Income Statement | 5.7M | 4.9M | 4.8M | 2.9M |
| Diluted NI Availto Com Stockholders | 20.1M | 5.5M | -4.2M | -3.5M |
| Gain On Sale Of Ppe | 3,000 | -3,000 | -207,000 | 0.00 |
| Impairment Of Capital Assets | 0.00 | 2.8M | 0.00 | -- |
| Net Income Continuous Operations | 20.1M | 5.5M | -4.2M | -3.5M |
| Net Non Operating Interest Income Expense | -1.7M | -1.5M | -2.0M | -1.3M |
| Other Gand A | 20.0M | 17.5M | 12.4M | 8.3M |
| Other Taxes | -2.1M | -1.0M | -634,000 | -594,000 |
| Reconciled Cost Of Revenue | 46.6M | 35.6M | 23.9M | 14.3M |
| Salaries And Wages | 948,000 | 378,000 | 797,000 | 433,000 |
| Total Expenses | 77.5M | 61.9M | 42.4M | 27.6M |
| Total Operating Income As Reported | 13.8M | 4.9M | -1.5M | -2.0M |
| Total Other Finance Cost | 2.1M | 965,000 | 1.2M | 747,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 58.5M | 5.2M | 8.3M | 6.8M |
| Cash Cash Equivalents And Short Term Investments | 58.5M | 5.2M | 8.3M | 6.8M |
| Cash Equivalents | -- | -- | 0.00 | 0.00 |
| Cash Financial | 58.5M | 5.2M | 8.3M | 6.8M |
| Accounts Receivable | 17.4M | 8.7M | 10.0M | 4.1M |
| Receivables | 37.4M | 21.0M | 16.6M | 8.9M |
| Inventory | 19.1M | 16.5M | 11.4M | 15.0M |
| Prepaid Assets | 2.8M | 1.4M | 1.6M | 1.1M |
| Current Assets | 117.8M | 44.1M | 37.8M | 31.7M |
| Gross PPE | 32.8M | 29.7M | 26.1M | 22.2M |
| Accumulated Depreciation | -10.1M | -6.8M | -6.8M | -3.5M |
| Net PPE | 22.7M | 22.9M | 19.3M | 18.7M |
| Goodwill | 4.5M | 4.5M | 7.3M | 7.3M |
| Goodwill And Other Intangible Assets | 9.2M | 9.0M | 13.2M | 14.8M |
| Other Intangible Assets | 4.7M | 4.5M | 6.0M | 7.5M |
| Total Non Current Assets | 44.8M | 32.3M | 33.5M | 33.7M |
| Total Assets | 162.6M | 76.4M | 71.4M | 65.5M |
| Current Debt | 754,000 | 10.5M | 11.5M | 5.2M |
| Current Debt And Capital Lease Obligation | 1.8M | 12.3M | 12.3M | 6.2M |
| Accounts Payable | 18.8M | 17.2M | 11.2M | 10.7M |
| Payables | 20.5M | 17.3M | 11.2M | 10.7M |
| Payables And Accrued Expenses | 20.5M | 17.3M | 11.2M | 10.7M |
| Current Deferred Revenue | 1.1M | 10.8M | 11.8M | 4.6M |
| Other Current Liabilities | -- | -- | 4.5M | 3.8M |
| Current Liabilities | 23.4M | 40.5M | 39.9M | 25.4M |
| Long Term Debt | 15.0M | 1.1M | 938,000 | 5.5M |
| Long Term Debt And Capital Lease Obligation | 17.5M | 3.9M | 4.0M | 9.1M |
| Long Term Capital Lease Obligation | 2.5M | 2.8M | 3.0M | 3.6M |
| Other Non Current Liabilities | -- | -- | 3.9M | 3.3M |
| Total Non Current Liabilities Net Minority Interest | 17.5M | 3.9M | 7.8M | 12.5M |
| Total Liabilities Net Minority Interest | 40.9M | 44.4M | 47.7M | 37.9M |
| Common Stock | 121.9M | 52.7M | 48.8M | 47.4M |
| Capital Stock | 121.9M | 52.7M | 48.8M | 47.4M |
| Additional Paid In Capital | 1.8M | 1.7M | 2.7M | 3.2M |
| Retained Earnings | -1.7M | -21.8M | -27.3M | -23.1M |
| Gains Losses Not Affecting Retained Earnings | -270,000 | -510,000 | -552,000 | 85,000 |
| Other Equity Adjustments | -270,000 | -510,000 | -552,000 | 85,000 |
| Common Stock Equity | 121.7M | 32.1M | 23.7M | 27.6M |
| Stockholders Equity | 121.7M | 32.1M | 23.7M | 27.6M |
| Total Equity Gross Minority Interest | 121.7M | 32.1M | 23.7M | 27.6M |
| Total Capitalization | 136.8M | 33.2M | 24.6M | 33.1M |
| Net Tangible Assets | 112.6M | 23.1M | 10.4M | 12.8M |
| Tangible Book Value | 112.6M | 23.1M | 10.4M | 12.8M |
| Working Capital | 94.4M | 3.6M | -2.0M | 6.4M |
| Invested Capital | 137.5M | 43.6M | 36.0M | 38.3M |
| Total Debt | 19.3M | 16.2M | 16.3M | 15.3M |
| Net Debt | -- | 6.4M | 4.1M | 3.9M |
| Share Issued | 262.7M | 206.5M | 201.5M | 201.2M |
| Ordinary Shares Number | 262.7M | 206.5M | 201.5M | 201.2M |
| Capital Lease Obligations | 3.6M | 4.6M | 3.9M | 4.6M |
| Construction In Progress | 4.3M | 3.3M | 4.4M | 4.4M |
| Current Capital Lease Obligation | 1.1M | 1.8M | 853,000 | 991,000 |
| Current Deferred Liabilities | 1.1M | 10.8M | 11.8M | 4.6M |
| Leases | 5.0M | 6.1M | 1.8M | 1.8M |
| Line Of Credit | 0.00 | 9.7M | 6.4M | 4.9M |
| Machinery Furniture Equipment | 9.6M | 8.6M | 6.0M | 3.8M |
| Non Current Accounts Receivable | 1.6M | -- | -- | -- |
| Non Current Deferred Assets | 10.2M | 419,000 | 982,000 | 0.00 |
| Non Current Deferred Liabilities | -- | -- | 0.00 | 134,000 |
| Non Current Deferred Taxes Assets | 10.2M | 419,000 | 982,000 | 0.00 |
| Non Current Deferred Taxes Liabilities | -- | -- | 0.00 | 134,000 |
| Non Current Prepaid Assets | 1.2M | 0.00 | 23,000 | 288,000 |
| Other Current Borrowings | 754,000 | 813,000 | 5.1M | 231,000 |
| Other Properties | 13.9M | 11.7M | 13.8M | 12.3M |
| Other Receivables | 19.0M | 11.6M | 6.6M | 4.7M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 15.4M | 15.4M | 8.9M | 11.4M |
| Taxes Receivable | 1.0M | 703,000 | 71,000 | 75,000 |
| Total Tax Payable | 1.7M | 148,000 | 20,000 | 51,000 |
| Work In Process | 3.6M | 1.1M | 2.5M | 3.6M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -11.6M | 8.4M | 5.2M | -11.0M |
| Cash Flow From Continuing Operating Activities | -11.6M | 8.4M | 5.2M | -11.0M |
| Depreciation And Amortization | 5.7M | 4.9M | 4.8M | 2.9M |
| Depreciation Amortization Depletion | 5.7M | 4.9M | 4.8M | 2.9M |
| Stock Based Compensation | 948,000 | 378,000 | 797,000 | 433,000 |
| Deferred Tax | -10.1M | 254,000 | -1.1M | -106,000 |
| Deferred Income Tax | -10.1M | 254,000 | -1.1M | -106,000 |
| Change In Working Capital | -29.4M | -2.6M | 2.6M | -11.7M |
| Changes In Account Receivables | -7.8M | 1.7M | -6.1M | -2.1M |
| Change In Receivables | -15.7M | -3.8M | -7.8M | -4.3M |
| Change In Inventory | -2.5M | -4.1M | 2.9M | -6.6M |
| Change In Payables And Accrued Expense | 761,000 | 6.1M | 521,000 | 3.1M |
| Change In Payable | 761,000 | 6.1M | 521,000 | 3.1M |
| Change In Other Working Capital | -9.8M | -969,000 | 7.2M | -4.1M |
| Other Non Cash Items | 1.2M | -2.9M | 2.1M | 972,000 |
| Capital Expenditure | -5.1M | -7.6M | -5.1M | -5.5M |
| Purchase Of PPE | -3.6M | -7.6M | -5.1M | -5.5M |
| Net PPE Purchase And Sale | -3.6M | -7.6M | -3.4M | -5.5M |
| Purchase Of Business | -- | -- | 0.00 | -2.8M |
| Investing Cash Flow | -5.1M | -9.8M | -3.4M | -7.2M |
| Cash Flow From Continuing Investing Activities | -5.1M | -9.8M | -3.4M | -7.2M |
| Issuance Of Debt | 14.7M | 1.3M | 1.5M | 5.4M |
| Repayment Of Debt | -2.3M | -6.1M | -1.3M | -2.2M |
| Net Issuance Payments Of Debt | 2.7M | -1.5M | 215,000 | 3.1M |
| Issuance Of Capital Stock | 67.0M | 0.00 | 0.00 | 10.0M |
| Net Common Stock Issuance | 67.0M | 0.00 | 0.00 | 10.0M |
| Financing Cash Flow | 69.9M | -2.2M | -41,000 | 11.9M |
| Cash Flow From Continuing Financing Activities | 69.9M | -2.2M | -41,000 | 11.9M |
| Effect Of Exchange Rate Changes | 204,000 | 443,000 | -319,000 | 156,000 |
| Changes In Cash | 53.1M | -3.5M | 1.8M | -6.3M |
| Beginning Cash Position | 5.2M | 8.3M | 6.8M | 12.9M |
| End Cash Position | 58.5M | 5.2M | 8.3M | 6.8M |
| Free Cash Flow | -16.7M | 870,000 | 93,000 | -16.5M |
| Amortization Cash Flow | 1.4M | 1.4M | 1.5M | 803,000 |
| Amortization Of Intangibles | 1.4M | 1.4M | 1.5M | 803,000 |
| Asset Impairment Charge | 0.00 | 2.8M | 0.00 | -- |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | -2.2M | 162,000 | -167,000 | 208,000 |
| Common Stock Issuance | 67.0M | 0.00 | 0.00 | 10.0M |
| Depreciation | 4.3M | 3.5M | 3.2M | 2.1M |
| Gain Loss On Sale Of PPE | -3,000 | 3,000 | 207,000 | 0.00 |
| Interest Paid Cff | -1.2M | -828,000 | -391,000 | -420,000 |
| Long Term Debt Issuance | 14.7M | 1.3M | 1.5M | 5.4M |
| Long Term Debt Payments | -2.3M | -6.1M | -1.3M | -2.2M |
| Net Business Purchase And Sale | -- | -- | 0.00 | -2.8M |
| Net Income From Continuing Operations | 20.1M | 5.5M | -4.2M | -3.5M |
| Net Intangibles Purchase And Sale | -1.6M | 0.00 | 0.00 | -35,000 |
| Net Long Term Debt Issuance | 12.3M | -4.8M | 215,000 | 3.1M |
| Net Other Financing Charges | -- | -- | -- | -1.1M |
| Net Other Investing Changes | -- | -2.2M | -- | 1.1M |
| Net Short Term Debt Issuance | -9.7M | 3.3M | -- | -- |
| Operating Gains Losses | -3,000 | 3,000 | 207,000 | -349.00 |
| Proceeds From Stock Option Exercised | 1.4M | 188,000 | 135,000 | 304,000 |
| Purchase Of Intangibles | -1.6M | 0.00 | 0.00 | -35,000 |
| Sale Of PPE | -- | 0.00 | 1.8M | 0.00 |