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 | 78.2M | 89.8M | 101.7M | 67.5M |
| Operating Revenue | 78.2M | 89.8M | 101.7M | 67.5M |
| Cost Of Revenue | 44.4M | 48.3M | 56.0M | 37.7M |
| Gross Profit | 33.8M | 41.5M | 45.7M | 29.9M |
| Selling General And Administration | 28.6M | 34.2M | 39.2M | 32.1M |
| General And Administrative Expense | 26.5M | 31.9M | 37.6M | 31.2M |
| Research And Development | 2.0M | 2.4M | 4.2M | 1.9M |
| Depreciation And Amortization In Income Statement | 7.1M | 6.4M | 8.6M | 5.5M |
| Other Operating Expenses | 3.4M | 3.4M | 2.9M | 2.1M |
| Operating Expense | 41.1M | 46.4M | 54.9M | 41.7M |
| Operating Income | -7.3M | -4.9M | -9.1M | -11.8M |
| EBIT | -10.9M | -6.3M | -9.9M | -11.3M |
| Interest Expense | 147,612 | 269,260 | 349,071 | 421,710 |
| Interest Expense Non Operating | 147,612 | 269,260 | 349,071 | 421,710 |
| Interest Income | 151,409 | 223,032 | 64,694 | 208,638 |
| Interest Income Non Operating | 151,409 | 223,032 | 64,694 | 208,638 |
| Net Interest Income | 3,797 | -46,228 | -284,377 | -213,072 |
| Other Income Expense | -3.7M | -1.7M | -871,773 | -838,592 |
| Special Income Charges | -4.4M | -1.4M | -1.4M | -1.2M |
| Restructuring And Mergern Acquisition | 4.4M | 1.4M | 1.4M | 1.2M |
| Gain On Sale Of Security | 656,573 | -284,604 | 531,183 | 312,111 |
| Pretax Income | -11.0M | -6.6M | -10.3M | -11.7M |
| Tax Provision | 865,941 | 612,377 | -1.2M | -134,284 |
| Tax Effect Of Unusual Items | -557,433 | -679,513 | -102,615 | -9,603 |
| Net Income From Continuing And Discontinued Operation | -11.9M | -7.2M | -9.1M | -11.6M |
| Net Income From Continuing Operation Net Minority Interest | -11.9M | -7.2M | -9.1M | -11.6M |
| Net Income Including Noncontrolling Interests | -11.9M | -7.2M | -9.1M | -11.6M |
| Net Income Common Stockholders | -11.9M | -7.2M | -9.1M | -11.6M |
| Net Income | -11.9M | -7.2M | -9.1M | -11.6M |
| EBITDA | -3.7M | 63,086 | -1.3M | -5.8M |
| Normalized EBITDA | -14,912 | 1.8M | -456,694 | -5.0M |
| Reconciled Depreciation | 7.1M | 6.4M | 8.6M | 5.5M |
| Basic EPS | -0.45 | -0.27 | -0.35 | -0.47 |
| Diluted EPS | -0.45 | -0.27 | -0.35 | -0.47 |
| Basic Average Shares | 26.4M | 26.6M | 26.2M | 24.9M |
| Diluted Average Shares | 26.4M | 26.6M | 26.2M | 24.9M |
| Total Unusual Items | -3.7M | -1.7M | -871,773 | -838,592 |
| Total Unusual Items Excluding Goodwill | -3.7M | -1.7M | -871,773 | -838,592 |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.12 | 0.01 |
| Normalized Income | -8.7M | -6.2M | -8.3M | -10.8M |
| Depreciation Amortization Depletion Income Statement | 7.1M | 6.4M | 8.6M | 5.5M |
| Diluted NI Availto Com Stockholders | -11.9M | -7.2M | -9.1M | -11.6M |
| Net Income Continuous Operations | -11.9M | -7.2M | -9.1M | -11.6M |
| Net Non Operating Interest Income Expense | 3,797 | -46,228 | -284,377 | -213,072 |
| Other Gand A | 721,985 | 1.0M | 1.3M | 1.1M |
| Reconciled Cost Of Revenue | 44.4M | 48.3M | 56.0M | 37.7M |
| Rent And Landing Fees | 2.1M | 2.4M | 2.2M | 1.7M |
| Rent Expense Supplemental | 2.1M | 2.4M | 2.2M | 1.7M |
| Salaries And Wages | 23.7M | 28.5M | 34.0M | 28.5M |
| Selling And Marketing Expense | 2.1M | 2.2M | 1.6M | 920,452 |
| Total Expenses | 85.6M | 94.7M | 110.8M | 79.3M |
| Total Operating Income As Reported | -- | -6.8M | -10.4M | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 3.9M | 7.3M | 17.3M | 24.6M |
| Cash Cash Equivalents And Short Term Investments | 3.9M | 8.6M | 17.3M | 24.6M |
| Cash Financial | 3.9M | 7.3M | 17.3M | 24.6M |
| Other Short Term Investments | 0.00 | 1.3M | 0.00 | -- |
| Accounts Receivable | 11.9M | 10.5M | 17.0M | 14.7M |
| Receivables | 13.2M | 11.6M | 17.9M | 16.2M |
| Prepaid Assets | 939,766 | 1.7M | 2.2M | 2.0M |
| Other Current Assets | 411,561 | 373,335 | 283,663 | 554,498 |
| Current Assets | 18.5M | 23.8M | 37.8M | 43.3M |
| Gross PPE | 14.4M | 26.9M | 26.3M | 25.7M |
| Accumulated Depreciation | -12.6M | -22.6M | -21.6M | -20.6M |
| Net PPE | 1.9M | 4.3M | 4.7M | 5.1M |
| Goodwill | 30.9M | 29.0M | 29.5M | 27.8M |
| Goodwill And Other Intangible Assets | 34.8M | 36.0M | 41.2M | 45.8M |
| Other Intangible Assets | 3.8M | 7.0M | 11.7M | 18.0M |
| Total Non Current Assets | 36.6M | 40.3M | 46.0M | 50.8M |
| Total Assets | 55.1M | 64.1M | 83.8M | 94.2M |
| Current Debt And Capital Lease Obligation | 350,655 | 737,316 | 905,298 | 1.4M |
| Accounts Payable | 2.0M | 1.7M | 4.7M | 2.3M |
| Payables | 2.3M | 1.7M | 6.3M | 11.2M |
| Payables And Accrued Expenses | 4.7M | 4.0M | 13.0M | 18.0M |
| Current Accrued Expenses | 2.4M | 2.3M | 6.8M | 6.8M |
| Current Deferred Revenue | 1.8M | 1.7M | 3.6M | 2.7M |
| Other Current Liabilities | 162,100 | -- | -- | 10.00 |
| Current Liabilities | 7.0M | 6.4M | 17.5M | 22.1M |
| Long Term Debt And Capital Lease Obligation | 104,031 | 213,053 | 775,171 | 886,741 |
| Long Term Capital Lease Obligation | 104,031 | 213,053 | 775,171 | 886,741 |
| Total Non Current Liabilities Net Minority Interest | 104,031 | 213,053 | 775,171 | 4.2M |
| Total Liabilities Net Minority Interest | 7.1M | 6.6M | 18.3M | 26.3M |
| Common Stock | 92.8M | 93.0M | 94.3M | 90.4M |
| Capital Stock | 92.8M | 93.0M | 94.3M | 90.4M |
| Additional Paid In Capital | 5.4M | 4.6M | 3.1M | 2.9M |
| Retained Earnings | -54.0M | -42.1M | -34.8M | -25.7M |
| Gains Losses Not Affecting Retained Earnings | 3.8M | 2.0M | 2.9M | 328,373 |
| Other Equity Adjustments | 3.8M | 2.0M | 2.9M | 328,373 |
| Common Stock Equity | 48.0M | 57.5M | 65.5M | 67.9M |
| Stockholders Equity | 48.0M | 57.5M | 65.5M | 67.9M |
| Total Equity Gross Minority Interest | 48.0M | 57.5M | 65.5M | 67.9M |
| Total Capitalization | 48.0M | 57.5M | 65.5M | 67.9M |
| Net Tangible Assets | 13.2M | 21.5M | 24.3M | 22.1M |
| Tangible Book Value | 13.2M | 21.5M | 24.3M | 22.1M |
| Working Capital | 11.4M | 17.4M | 20.3M | 21.2M |
| Invested Capital | 48.0M | 57.5M | 65.5M | 67.9M |
| Total Debt | 454,686 | 950,369 | 1.7M | 2.3M |
| Share Issued | 26.4M | 26.4M | 26.6M | 25.3M |
| Ordinary Shares Number | 26.4M | 26.4M | 26.6M | 25.3M |
| Capital Lease Obligations | 454,686 | 950,369 | 1.7M | 2.3M |
| Current Capital Lease Obligation | 350,655 | 737,316 | 905,298 | 1.4M |
| Current Deferred Liabilities | 1.8M | 1.7M | 3.6M | 2.7M |
| Hedging Assets Current | 0.00 | 168,400 | 100,300 | 0.00 |
| Income Tax Payable | 244,212 | 59,433 | 0.00 | 927,833 |
| Leases | 422,727 | 1.2M | 1.7M | 1.8M |
| Machinery Furniture Equipment | 14.0M | 25.7M | 24.6M | 23.9M |
| Non Current Deferred Assets | 0.00 | 57,316 | 106,328 | 0.00 |
| Non Current Deferred Liabilities | -- | -- | 0.00 | 1.7M |
| Non Current Deferred Taxes Assets | 0.00 | 57,316 | 106,328 | 0.00 |
| Non Current Deferred Taxes Liabilities | -- | -- | 0.00 | 1.7M |
| Other Payable | -- | -- | 1.6M | 8.0M |
| Other Receivables | 1.4M | 1.2M | 840,613 | 1.5M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Receivables Adjustments Allowances | -88,959 | -91,059 | -62,797 | -29,627 |
| Restricted Cash | 0.00 | 1.3M | 0.00 | -- |
| Taxes Receivable | -- | 0.00 | 146,878 | 0.00 |
| Total Tax Payable | 244,212 | 59,433 | 0.00 | 927,833 |
| Tradeand Other Payables Non Current | -- | -- | 0.00 | 1.6M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -3.8M | -2.6M | -1.7M | -8.2M |
| Cash Flow From Continuing Operating Activities | -3.8M | -2.6M | -1.7M | -8.2M |
| Depreciation And Amortization | 7.1M | 6.4M | 8.6M | 5.5M |
| Depreciation Amortization Depletion | 7.1M | 6.4M | 8.6M | 5.5M |
| Stock Based Compensation | 881,477 | 860,413 | 925,878 | 1.1M |
| Deferred Tax | 57,316 | 46,814 | -1.7M | -947,632 |
| Deferred Income Tax | 57,316 | 46,814 | -1.7M | -947,632 |
| Change In Working Capital | 637,662 | -3.1M | 51,157 | -2.2M |
| Changes In Account Receivables | -948,259 | 5.9M | -1.7M | -2.4M |
| Change In Receivables | -948,259 | 5.9M | -1.7M | -2.4M |
| Change In Payables And Accrued Expense | 819,964 | -7.4M | 1.0M | 300,523 |
| Change In Payable | 819,964 | -7.4M | 1.0M | 300,523 |
| Change In Other Working Capital | -106,513 | -1.9M | 829,074 | 169,112 |
| Other Non Cash Items | -- | 74,301 | -563,454 | -- |
| Capital Expenditure | -1.5M | -1.5M | -842,020 | -626,316 |
| Purchase Of PPE | -254,700 | -1.1M | -705,657 | -571,388 |
| Net PPE Purchase And Sale | -254,700 | -1.1M | -705,657 | -571,388 |
| Purchase Of Business | 0.00 | -762,659 | -4.0M | -19.7M |
| Purchase Of Investment | -- | -1.3M | 0.00 | -- |
| Sale Of Investment | 1.3M | -- | -- | -- |
| Net Investment Purchase And Sale | 1.3M | -1.3M | 0.00 | -- |
| Investing Cash Flow | -160,001 | -3.6M | -4.9M | -20.3M |
| Cash Flow From Continuing Investing Activities | -160,001 | -3.6M | -4.9M | -20.3M |
| Repayment Of Debt | -607,780 | -972,541 | -1.3M | -1.4M |
| Net Issuance Payments Of Debt | -607,780 | -972,541 | -1.3M | -1.4M |
| Issuance Of Capital Stock | 0.00 | 57,750 | 892,318 | 539,819 |
| Repurchase Of Capital Stock | -235,890 | -1.6M | -229,514 | 0.00 |
| Net Common Stock Issuance | -235,890 | -1.5M | 662,804 | 539,819 |
| Common Stock Payments | -235,890 | -1.6M | -229,514 | 0.00 |
| Financing Cash Flow | -843,670 | -2.5M | -682,356 | -879,048 |
| Cash Flow From Continuing Financing Activities | -843,670 | -2.5M | -682,356 | -879,048 |
| Effect Of Exchange Rate Changes | 86,999 | 41,055 | -- | -- |
| Changes In Cash | -4.8M | -8.8M | -7.2M | -29.4M |
| Beginning Cash Position | 8.6M | 17.3M | 24.6M | 53.9M |
| End Cash Position | 3.9M | 8.6M | 17.3M | 24.6M |
| Free Cash Flow | -5.3M | -4.1M | -2.5M | -8.8M |
| Change In Account Payable | 640,463 | -7.6M | 1.9M | -233,877 |
| Change In Income Tax Payable | 179,501 | 209,854 | -927,833 | 534,400 |
| Change In Prepaid Assets | 872,470 | 244,438 | -60,817 | -300,587 |
| Change In Tax Payable | 179,501 | 209,854 | -927,833 | 534,400 |
| Common Stock Issuance | 0.00 | 57,750 | 892,318 | 539,819 |
| Gain Loss On Investment Securities | 330,500 | 68,100 | 100,300 | -- |
| Long Term Debt Payments | -607,780 | -972,541 | -1.3M | -1.4M |
| Net Business Purchase And Sale | 0.00 | -762,659 | -4.0M | -19.7M |
| Net Foreign Currency Exchange Gain Loss | -987,073 | 216,504 | -- | -- |
| Net Income From Continuing Operations | -11.9M | -7.2M | -9.1M | -11.6M |
| Net Intangibles Purchase And Sale | -1.3M | -418,320 | -136,363 | -54,928 |
| Net Long Term Debt Issuance | -607,780 | -972,541 | -1.3M | -1.4M |
| Operating Gains Losses | -656,573 | 284,604 | 100,300 | -- |
| Purchase Of Intangibles | -1.3M | -418,320 | -136,363 | -54,928 |