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 | 10.7M | 7.2M | 6.7M | 6.9M |
| Operating Revenue | 10.7M | 7.2M | 6.7M | 6.9M |
| Cost Of Revenue | 3.6M | 2.9M | 3.7M | 3.9M |
| Gross Profit | 7.0M | 4.3M | 3.0M | 3.0M |
| Selling General And Administration | 23.1M | 18.5M | 17.9M | 18.0M |
| General And Administrative Expense | -- | 9.2M | 9.5M | 10.3M |
| Research And Development | 17.0M | 14.4M | 14.7M | 15.3M |
| Operating Expense | 40.1M | 33.0M | 32.6M | 33.2M |
| Operating Income | -33.1M | -28.7M | -29.6M | -30.3M |
| EBIT | -33.1M | -28.7M | -28.2M | -30.5M |
| Interest Expense | -- | 770,000 | 174,000 | 67,000 |
| Interest Expense Non Operating | -- | 770,000 | 174,000 | 67,000 |
| Interest Income | -- | 1.6M | 803,000 | 205,000 |
| Interest Income Non Operating | -- | 1.6M | 803,000 | 205,000 |
| Net Interest Income | 1.4M | 775,000 | 919,000 | -310,000 |
| Other Income Expense | 3.8M | -575,000 | 301,000 | 7,000 |
| Special Income Charges | -- | 0.00 | -2.5M | 0.00 |
| Restructuring And Mergern Acquisition | -- | -- | -- | 0.00 |
| Gain On Sale Of Security | 3.8M | -575,000 | 2.8M | 7,000 |
| Pretax Income | -27.8M | -28.5M | -28.4M | -30.6M |
| Tax Provision | -2,000 | -128,000 | 287,000 | 105,000 |
| Tax Effect Of Unusual Items | 273.78 | -2,587 | 78,892 | 1,855 |
| Net Income From Continuing And Discontinued Operation | -27.8M | -28.3M | -28.7M | -30.7M |
| Net Income From Continuing Operation Net Minority Interest | -27.8M | -28.3M | -28.7M | -30.7M |
| Net Income Including Noncontrolling Interests | -27.8M | -28.3M | -28.7M | -30.7M |
| Net Income Common Stockholders | -27.8M | -28.3M | -28.7M | -30.7M |
| Net Income | -27.8M | -28.3M | -28.7M | -30.7M |
| EBITDA | -32.1M | -27.7M | -26.6M | -28.6M |
| Normalized EBITDA | -35.9M | -27.1M | -26.9M | -28.7M |
| Reconciled Depreciation | 936,000 | 929,000 | 1.6M | 1.9M |
| Basic EPS | -1.12 | -1.34 | -1.38 | -1.50 |
| Diluted EPS | -1.12 | -1.34 | -1.38 | -1.50 |
| Basic Average Shares | 24.8M | 21.2M | 20.8M | 20.5M |
| Diluted Average Shares | 24.8M | 21.2M | 20.8M | 20.5M |
| Total Unusual Items | 3.8M | -575,000 | 301,000 | 7,000 |
| Total Unusual Items Excluding Goodwill | 3.8M | -575,000 | 301,000 | 7,000 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.26 | 0.27 |
| Normalized Income | -31.6M | -27.8M | -28.9M | -30.7M |
| Diluted NI Availto Com Stockholders | -27.8M | -28.3M | -28.7M | -30.7M |
| Impairment Of Capital Assets | -- | 0.00 | 2.5M | 0.00 |
| Net Income Continuous Operations | -27.8M | -28.3M | -28.7M | -30.7M |
| Net Non Operating Interest Income Expense | 1.4M | 775,000 | 919,000 | -310,000 |
| Other Gand A | -- | 9.2M | 9.5M | 10.3M |
| Reconciled Cost Of Revenue | 3.6M | 2.9M | 3.7M | 3.9M |
| Rent Expense Supplemental | -- | 715,000 | 496,000 | -- |
| Selling And Marketing Expense | -- | 9.5M | 8.5M | 7.7M |
| Total Expenses | 43.7M | 35.9M | 36.3M | 37.2M |
| Total Operating Income As Reported | -33.1M | -28.7M | -32.1M | -30.3M |
| Total Other Finance Cost | -1.4M | -775,000 | -290,000 | 448,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 54.9M | 26.2M | 46.5M | 67.2M |
| Cash Cash Equivalents And Short Term Investments | 54.9M | 26.2M | 46.5M | 67.2M |
| Cash Financial | 54.9M | 26.2M | 46.5M | 67.2M |
| Accounts Receivable | 6.6M | 7.1M | 6.0M | 1.4M |
| Receivables | 7.0M | 7.3M | 6.3M | 1.4M |
| Inventory | 5.8M | 7.0M | 7.9M | 7.4M |
| Prepaid Assets | 1.3M | 1.4M | 1.2M | 1.1M |
| Current Assets | 69.1M | 41.9M | 62.0M | 77.1M |
| Gross PPE | 3.2M | 3.8M | 4.1M | 3.7M |
| Accumulated Depreciation | -2.4M | -2.2M | -2.3M | -1.8M |
| Net PPE | 821,010 | 1.6M | 1.7M | 1.9M |
| Goodwill | -- | -- | 0.00 | 2.7M |
| Goodwill And Other Intangible Assets | 261,000 | 490,000 | 680,000 | 4.1M |
| Other Intangible Assets | 261,000 | 490,000 | 680,000 | 1.4M |
| Total Non Current Assets | 1.2M | 2.1M | 2.4M | 9.7M |
| Total Assets | 70.2M | 44.0M | 64.4M | 86.8M |
| Current Debt | 1.7M | 2.1M | 523,000 | -- |
| Current Debt And Capital Lease Obligation | 2.0M | 2.4M | 762,000 | 250,000 |
| Accounts Payable | 1.3M | 865,000 | 2.0M | 3.2M |
| Payables | 1.3M | 865,000 | 2.3M | 3.2M |
| Payables And Accrued Expenses | 3.1M | 1.9M | 2.3M | 3.2M |
| Current Accrued Expenses | 1.8M | 1.0M | -- | -- |
| Current Deferred Revenue | 419,000 | 721,000 | 471,000 | 477,000 |
| Other Current Liabilities | 325,000 | 663,000 | 563,000 | 161,000 |
| Current Liabilities | 6.6M | 6.4M | 4.2M | 4.2M |
| Long Term Debt | 2.9M | 5.0M | 6.7M | -- |
| Long Term Debt And Capital Lease Obligation | 3.1M | 5.5M | 7.5M | 1.1M |
| Long Term Capital Lease Obligation | 203,000 | 504,000 | 817,000 | 1.1M |
| Other Non Current Liabilities | 71,000 | 73,000 | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 3.2M | 6.4M | 8.2M | 2.0M |
| Total Liabilities Net Minority Interest | 9.8M | 12.7M | 12.4M | 6.2M |
| Common Stock | 281.6M | 222.2M | 205.8M | 219.6M |
| Capital Stock | 281.6M | 222.2M | 205.8M | 219.6M |
| Additional Paid In Capital | 21.3M | 20.8M | 18.7M | 17.0M |
| Retained Earnings | -245.2M | -217.4M | -189.4M | -160.7M |
| Gains Losses Not Affecting Retained Earnings | 2.7M | 5.6M | 16.8M | 4.7M |
| Other Equity Adjustments | 2.7M | 5.6M | 16.8M | 4.7M |
| Common Stock Equity | 60.4M | 31.2M | 52.0M | 80.6M |
| Stockholders Equity | 60.4M | 31.2M | 52.0M | 80.6M |
| Total Equity Gross Minority Interest | 60.4M | 31.2M | 52.0M | 80.6M |
| Total Capitalization | 63.3M | 36.2M | 58.7M | 80.6M |
| Net Tangible Assets | 60.2M | 30.7M | 51.3M | 76.5M |
| Tangible Book Value | 60.2M | 30.7M | 51.3M | 76.5M |
| Working Capital | 62.5M | 35.5M | 57.8M | 73.0M |
| Invested Capital | 65.1M | 38.3M | 59.2M | 80.6M |
| Total Debt | 5.1M | 7.9M | 8.2M | 1.4M |
| Share Issued | 30.0M | 21.4M | 20.9M | 20.8M |
| Ordinary Shares Number | 30.0M | 21.4M | 20.9M | 20.8M |
| Allowance For Doubtful Accounts Receivable | -158,000 | -391,000 | -143,000 | -- |
| Capital Lease Obligations | 460,000 | 763,000 | 1.1M | 1.4M |
| Current Capital Lease Obligation | 257,000 | 259,000 | 239,000 | 250,000 |
| Current Deferred Liabilities | 419,000 | 721,000 | 471,000 | 477,000 |
| Current Provisions | -- | -- | 58,000 | 87,000 |
| Finished Goods | 3.8M | 4.6M | 5.5M | 5.1M |
| Gross Accounts Receivable | 6.6M | 7.1M | 6.0M | -- |
| Income Tax Payable | -- | 0.00 | 298,000 | 0.00 |
| Inventories Adjustments Allowances | -- | -8,000 | -5,000 | -7,000 |
| Leases | 542,000 | 542,000 | 2.2M | 2.5M |
| Machinery Furniture Equipment | -- | -- | 0.00 | 127,000 |
| Non Current Accounts Receivable | -- | -- | -- | 3.6M |
| Non Current Deferred Assets | 87,000 | 0.00 | -- | -- |
| Non Current Deferred Liabilities | 49,000 | 787,000 | 764,000 | 875,000 |
| Non Current Deferred Revenue | 49,000 | 728,000 | 764,000 | 875,000 |
| Non Current Deferred Taxes Assets | 87,000 | 0.00 | -- | -- |
| Non Current Deferred Taxes Liabilities | 0.00 | 59,000 | 0.00 | -- |
| Other Current Borrowings | 1.7M | 2.1M | 523,000 | -- |
| Other Properties | 2.7M | 3.2M | 1.8M | 1.1M |
| Other Receivables | 310,000 | 120,000 | 13,000 | -- |
| Pensionand Other Post Retirement Benefit Plans Current | 706,000 | 752,000 | -- | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 2.0M | 2.4M | 2.5M | 2.3M |
| Receivables Adjustments Allowances | -158,000 | -391,000 | -143,000 | -- |
| Taxes Receivable | 308,000 | 414,000 | 494,000 | -- |
| Total Tax Payable | -- | 0.00 | 298,000 | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -23.5M | -22.6M | -25.8M | -22.4M |
| Cash Flow From Continuing Operating Activities | -23.5M | -22.6M | -25.8M | -22.4M |
| Depreciation And Amortization | 936,000 | 929,000 | 1.6M | 1.9M |
| Depreciation Amortization Depletion | 936,000 | 929,000 | 1.6M | 1.9M |
| Stock Based Compensation | 2.6M | 3.4M | 4.2M | 7.2M |
| Change In Working Capital | 591,000 | 540,000 | -5.6M | -877,000 |
| Changes In Account Receivables | -- | -- | -- | 2.0M |
| Change In Receivables | 186,000 | -956,000 | -1.4M | 2.0M |
| Change In Inventory | 656,000 | 353,000 | -1.9M | -2.5M |
| Change In Payables And Accrued Expense | 815,000 | 1.1M | -255,000 | -369,000 |
| Change In Payable | 815,000 | 1.1M | -255,000 | -369,000 |
| Change In Other Working Capital | -1.1M | 246,000 | -1.9M | 65,000 |
| Other Non Cash Items | 255,000 | 828,000 | -143,000 | 425,000 |
| Capital Expenditure | -- | -- | -- | -593,000 |
| Purchase Of PPE | -- | -- | 0.00 | -32,000 |
| Net PPE Purchase And Sale | -- | -- | 0.00 | -32,000 |
| Investing Cash Flow | -- | -- | 0.00 | -593,000 |
| Cash Flow From Continuing Investing Activities | -- | -- | 0.00 | -593,000 |
| Issuance Of Debt | -- | 0.00 | 7.3M | 0.00 |
| Repayment Of Debt | -2.6M | -912,000 | -356,000 | -386,000 |
| Net Issuance Payments Of Debt | -2.6M | -912,000 | 6.9M | -386,000 |
| Issuance Of Capital Stock | 62.1M | 0.00 | -- | 0.00 |
| Net Common Stock Issuance | 62.1M | 0.00 | -- | 0.00 |
| Financing Cash Flow | 54.7M | 1.8M | 7.0M | 5.9M |
| Cash Flow From Continuing Financing Activities | 54.7M | 1.8M | 7.0M | 5.9M |
| Effect Of Exchange Rate Changes | -2.5M | 549,000 | -1.9M | 244,000 |
| Changes In Cash | 31.2M | -20.9M | -18.8M | -17.0M |
| Beginning Cash Position | 26.2M | 46.5M | 67.2M | 83.9M |
| End Cash Position | 54.9M | 26.2M | 46.5M | 67.2M |
| Free Cash Flow | -23.5M | -22.6M | -25.8M | -23.0M |
| Income Tax Paid Supplemental Data | -- | 160,000 | 55,000 | -- |
| Interest Paid Supplemental Data | -- | 669,000 | 43,000 | -- |
| Amortization Cash Flow | 229,000 | 202,000 | 704,000 | 1.0M |
| Amortization Of Intangibles | 229,000 | 202,000 | 704,000 | 1.0M |
| Asset Impairment Charge | -- | 0.00 | 2.5M | 0.00 |
| Change In Account Payable | 815,000 | 1.4M | -566,000 | -356,000 |
| Change In Income Tax Payable | 0.00 | -299,000 | 311,000 | -13,000 |
| Change In Prepaid Assets | 31,000 | -158,000 | -157,000 | -78,000 |
| Change In Tax Payable | 0.00 | -299,000 | 311,000 | -13,000 |
| Common Stock Issuance | 62.1M | 0.00 | -- | 0.00 |
| Depreciation | 707,000 | 727,000 | 900,000 | 850,000 |
| Gain Loss On Investment Securities | -- | 232,000 | 275,000 | -293,000 |
| Long Term Debt Issuance | -- | 0.00 | 7.3M | 0.00 |
| Long Term Debt Payments | -2.6M | -912,000 | -356,000 | -386,000 |
| Net Income From Continuing Operations | -27.8M | -28.3M | -28.7M | -30.7M |
| Net Intangibles Purchase And Sale | -- | -- | 0.00 | -561,000 |
| Net Long Term Debt Issuance | -2.6M | -912,000 | 6.9M | -386,000 |
| Net Other Financing Charges | -4.9M | -- | -149,000 | -99,000 |
| Operating Gains Losses | -- | 232,000 | 275,000 | -293,000 |
| Proceeds From Stock Option Exercised | 45,000 | 2.7M | 263,000 | 6.4M |
| Purchase Of Intangibles | -- | -- | 0.00 | -561,000 |