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 | 4.5M | 7.2M | 8.4M | 5.5M |
| Operating Revenue | 4.5M | 7.2M | 8.4M | 5.5M |
| Cost Of Revenue | 3.3M | 4.5M | 6.3M | 6.5M |
| Gross Profit | 1.2M | 2.7M | 2.0M | -999,209 |
| Selling General And Administration | 3.8M | 3.7M | 3.5M | 3.1M |
| General And Administrative Expense | 3.8M | 3.7M | 3.5M | 3.1M |
| Research And Development | 57,117 | 357,862 | 469,687 | 315,899 |
| Depreciation And Amortization In Income Statement | 113,262 | 393,129 | 270,016 | 404,252 |
| Operating Expense | 4.0M | 4.5M | 4.2M | 3.8M |
| Operating Income | -2.7M | -1.7M | -2.2M | -4.8M |
| EBIT | -2.7M | -1.7M | -2.2M | -4.8M |
| Interest Income | 326,186 | 474,388 | 195,187 | 67,869 |
| Interest Income Non Operating | 326,186 | 474,388 | 195,187 | 67,869 |
| Net Interest Income | 326,186 | 474,388 | 195,187 | 67,869 |
| Other Income Expense | 79,434 | -3.9M | -506,453 | -511,061 |
| Other Non Operating Income Expenses | -7,175 | 55,138 | 165,557 | 7,914 |
| Special Income Charges | -139,292 | -3.8M | -1.0M | -592,561 |
| Write Off | -- | 0.00 | 839,369 | 230,385 |
| Gain On Sale Of Security | 225,901 | -145,371 | 346,036 | 73,586 |
| Pretax Income | -2.3M | -5.2M | -2.5M | -5.2M |
| Tax Provision | 898,897 | -369,914 | -761,178 | -1.2M |
| Tax Effect Of Unusual Items | 12,991 | -283,951 | -205,645 | -123,693 |
| Net Income From Continuing And Discontinued Operation | -3.2M | -4.8M | -1.7M | -4.0M |
| Net Income From Continuing Operation Net Minority Interest | -3.2M | -4.8M | -1.7M | -4.0M |
| Net Income Including Noncontrolling Interests | -3.2M | -4.8M | -1.7M | -4.0M |
| Net Income Common Stockholders | -3.2M | -4.8M | -1.7M | -4.0M |
| Net Income | -3.2M | -4.8M | -1.7M | -4.0M |
| EBITDA | -1.5M | 544,963 | 246,708 | -2.3M |
| Normalized EBITDA | -1.6M | 4.5M | 918,718 | -1.8M |
| Reconciled Depreciation | 1.3M | 2.3M | 2.4M | 2.5M |
| Basic EPS | -0.12 | -0.17 | -0.06 | -0.15 |
| Diluted EPS | -0.12 | -0.17 | -0.06 | -0.15 |
| Basic Average Shares | 27.8M | 27.8M | 27.8M | 27.5M |
| Diluted Average Shares | 27.8M | 27.8M | 27.8M | 27.5M |
| Total Unusual Items | 86,609 | -4.0M | -672,010 | -518,975 |
| Total Unusual Items Excluding Goodwill | 86,609 | -4.0M | -672,010 | -518,975 |
| Tax Rate For Calcs | 0.15 | 0.07 | 0.31 | 0.24 |
| Normalized Income | -3.3M | -1.1M | -1.3M | -3.6M |
| Amortization | 2,077 | 236,826 | 140,125 | 269,442 |
| Amortization Of Intangibles Income Statement | 2,077 | 236,826 | 140,125 | 269,442 |
| Depreciation Amortization Depletion Income Statement | 113,262 | 393,129 | 270,016 | 404,252 |
| Depreciation Income Statement | 111,185 | 156,303 | 129,891 | 134,810 |
| Diluted NI Availto Com Stockholders | -3.2M | -4.8M | -1.7M | -4.0M |
| Impairment Of Capital Assets | -82,663 | 3.5M | 0.00 | -- |
| Net Income Continuous Operations | -3.2M | -4.8M | -1.7M | -4.0M |
| Net Non Operating Interest Income Expense | 326,186 | 474,388 | 195,187 | 67,869 |
| Other Gand A | 1.3M | 1.2M | 1.3M | 1.2M |
| Other Special Charges | 221,955 | 278,050 | 178,677 | 362,176 |
| Reconciled Cost Of Revenue | 2.1M | 2.6M | 4.2M | 4.4M |
| Salaries And Wages | 2.5M | 2.5M | 2.2M | 1.9M |
| Total Expenses | 7.3M | 8.9M | 10.6M | 10.3M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 5.3M | 4.3M | 8.9M | 14.7M |
| Cash Cash Equivalents And Short Term Investments | 6.9M | 12.5M | 15.2M | 14.7M |
| Other Short Term Investments | 1.7M | 8.2M | 6.3M | 0.00 |
| Accounts Receivable | 1.4M | 1.2M | 1.6M | 3.2M |
| Receivables | 2.2M | 1.3M | 1.9M | 3.3M |
| Inventory | 448,307 | 351,778 | 1.6M | 1.2M |
| Prepaid Assets | 212,663 | 150,415 | 132,351 | 412,443 |
| Current Assets | 9.8M | 14.3M | 18.9M | 19.6M |
| Gross PPE | 24.8M | 25.6M | 25.1M | 24.8M |
| Accumulated Depreciation | -17.9M | -18.3M | -12.8M | -10.5M |
| Net PPE | 6.9M | 7.3M | 12.3M | 14.4M |
| Goodwill And Other Intangible Assets | 7.5M | 4.7M | 2.4M | 958,198 |
| Other Intangible Assets | 7.5M | 4.7M | 2.4M | 958,198 |
| Total Non Current Assets | 14.3M | 12.8M | 15.0M | 15.5M |
| Total Assets | 24.1M | 27.1M | 33.9M | 35.0M |
| Current Debt And Capital Lease Obligation | 150,643 | 192,845 | 279,490 | 223,051 |
| Accounts Payable | 1.6M | 1.1M | 970,503 | 893,887 |
| Payables | 1.6M | 1.1M | 970,503 | 893,887 |
| Payables And Accrued Expenses | 1.6M | 1.1M | 970,503 | 893,887 |
| Current Deferred Revenue | 474,841 | 1.1M | 2.6M | 2.2M |
| Current Liabilities | 2.2M | 2.4M | 3.9M | 3.3M |
| Long Term Debt And Capital Lease Obligation | 789,726 | 63,385 | 257,398 | 400,544 |
| Long Term Capital Lease Obligation | 789,726 | 63,385 | 257,398 | 400,544 |
| Total Non Current Liabilities Net Minority Interest | 789,726 | 332,321 | 817,820 | 1.3M |
| Total Liabilities Net Minority Interest | 3.0M | 2.8M | 4.7M | 4.6M |
| Common Stock | 9.5M | 9.5M | 9.4M | 9.1M |
| Capital Stock | 9.5M | 9.5M | 9.4M | 9.1M |
| Additional Paid In Capital | 1.5M | 1.4M | 1.6M | 1.5M |
| Retained Earnings | 10.1M | 13.5M | 18.3M | 20.0M |
| Gains Losses Not Affecting Retained Earnings | 21,497 | -39,219 | -19,075 | -73,091 |
| Other Equity Adjustments | 21,497 | -39,219 | -19,075 | -73,091 |
| Common Stock Equity | 21.1M | 24.4M | 29.2M | 30.5M |
| Stockholders Equity | 21.1M | 24.4M | 29.2M | 30.5M |
| Total Equity Gross Minority Interest | 21.1M | 24.4M | 29.2M | 30.5M |
| Total Capitalization | 21.1M | 24.4M | 29.2M | 30.5M |
| Net Tangible Assets | 13.7M | 19.6M | 26.8M | 29.5M |
| Tangible Book Value | 13.7M | 19.6M | 26.8M | 29.5M |
| Working Capital | 7.6M | 11.8M | 15.0M | 16.3M |
| Invested Capital | 21.1M | 24.4M | 29.2M | 30.5M |
| Total Debt | 940,369 | 256,230 | 536,888 | 623,595 |
| Share Issued | 27.6M | 28.0M | 27.9M | 27.8M |
| Ordinary Shares Number | 27.6M | 28.0M | 27.9M | 27.8M |
| Allowance For Doubtful Accounts Receivable | -- | -- | -- | -279,737 |
| Capital Lease Obligations | 940,369 | 256,230 | 536,888 | 623,595 |
| Current Capital Lease Obligation | 150,643 | 192,845 | 279,490 | 223,051 |
| Current Deferred Liabilities | 474,841 | 1.1M | 2.6M | 2.2M |
| Gross Accounts Receivable | -- | -- | 1.8M | 3.2M |
| Machinery Furniture Equipment | 1.7M | 1.7M | 1.7M | 1.6M |
| Non Current Deferred Assets | 0.00 | 842,521 | 291,807 | 147,500 |
| Non Current Deferred Liabilities | 0.00 | 268,936 | 560,422 | 875,264 |
| Non Current Deferred Revenue | 0.00 | 268,936 | 560,422 | 875,264 |
| Non Current Deferred Taxes Assets | 0.00 | 842,521 | 291,807 | 147,500 |
| Non Current Deferred Taxes Liabilities | -- | -- | -- | 0.00 |
| Other Properties | 23.1M | 24.0M | 23.4M | 23.2M |
| Other Receivables | 800,529 | 40,702 | 277,034 | -- |
| Raw Materials | 418,978 | 351,778 | 894,939 | 939,323 |
| Taxes Receivable | 16,896 | 55,417 | 79,436 | 153,339 |
| Work In Process | 29,329 | 0.00 | 727,876 | 244,567 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -1.8M | 149,101 | 1.5M | -1.1M |
| Cash Flow From Continuing Operating Activities | -1.8M | 149,101 | 1.5M | -1.1M |
| Depreciation And Amortization | 1.3M | 2.3M | 2.4M | 2.5M |
| Depreciation Amortization Depletion | 1.3M | 2.3M | 2.4M | 2.5M |
| Stock Based Compensation | 248,907 | -10,580 | 384,903 | 340,590 |
| Deferred Tax | 898,897 | -369,914 | -761,178 | -1.2M |
| Deferred Income Tax | 898,897 | -369,914 | -761,178 | -1.2M |
| Change In Working Capital | -408,683 | 70,467 | 488,006 | 1.1M |
| Change In Receivables | -630,767 | 621,665 | 1.2M | -812,965 |
| Change In Inventory | -101,563 | 220,369 | -411,365 | 629,800 |
| Change In Payables And Accrued Expense | 244,041 | 232,351 | 76,616 | -148,166 |
| Change In Payable | 244,041 | 232,351 | 76,616 | -148,166 |
| Change In Other Working Capital | 141,854 | -982,133 | -628,127 | 1.5M |
| Other Non Cash Items | -521,362 | -399,401 | 27,469 | 28,830 |
| Capital Expenditure | -4.5M | -2.6M | -1.7M | -627,342 |
| Purchase Of PPE | -157,713 | -39,295 | -110,629 | -44,822 |
| Net PPE Purchase And Sale | -157,713 | -39,295 | -110,629 | -19,322 |
| Purchase Of Investment | -- | -- | -6.3M | 0.00 |
| Net Investment Purchase And Sale | 6.5M | -1.8M | -6.3M | 0.00 |
| Investing Cash Flow | 2.2M | -4.1M | -7.9M | -601,842 |
| Cash Flow From Continuing Investing Activities | 2.2M | -4.1M | -7.9M | -601,842 |
| Repayment Of Debt | -276,081 | -299,732 | -263,393 | -211,214 |
| Net Issuance Payments Of Debt | -276,081 | -299,732 | -263,393 | -211,214 |
| Repurchase Of Capital Stock | -323,202 | 0.00 | -- | -- |
| Net Common Stock Issuance | -323,202 | 0.00 | -- | -- |
| Common Stock Payments | -323,202 | 0.00 | -- | -- |
| Financing Cash Flow | 472,363 | -621,332 | 637,816 | 87,536 |
| Cash Flow From Continuing Financing Activities | 472,363 | -621,332 | 637,816 | 87,536 |
| Effect Of Exchange Rate Changes | 58,739 | -19,646 | 24,223 | -2,805 |
| Changes In Cash | 875,561 | -4.6M | -5.7M | -1.6M |
| Beginning Cash Position | 4.3M | 8.9M | 14.7M | 16.3M |
| End Cash Position | 5.3M | 4.3M | 8.9M | 14.7M |
| Free Cash Flow | -6.4M | -2.5M | -144,916 | -1.8M |
| Amortization Cash Flow | 2,077 | 236,826 | 140,125 | 269,442 |
| Amortization Of Intangibles | 2,077 | 236,826 | 140,125 | 269,442 |
| Asset Impairment Charge | -82,663 | 3.5M | 0.00 | -- |
| Change In Account Payable | 244,041 | 232,351 | 76,616 | -148,166 |
| Change In Prepaid Assets | -62,248 | -21,785 | 280,092 | -47,652 |
| Depreciation | 1.3M | 2.0M | 2.3M | 2.2M |
| Gain Loss On Sale Of PPE | 4,482 | 0.00 | -18,005 | -2,708 |
| Interest Received Cfi | 329,848 | 337,417 | 0.00 | -- |
| Long Term Debt Payments | -276,081 | -299,732 | -263,393 | -211,214 |
| Net Income From Continuing Operations | -3.2M | -4.8M | -1.7M | -4.0M |
| Net Intangibles Purchase And Sale | -4.4M | -2.6M | -1.6M | -582,520 |
| Net Long Term Debt Issuance | -276,081 | -299,732 | -263,393 | -211,214 |
| Net Other Financing Charges | 1.1M | -321,600 | 901,209 | 120,000 |
| Net Other Investing Changes | -40,419 | -6,069 | 20,683 | -- |
| Operating Gains Losses | 4,482 | -- | -18,005 | -2,708 |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 178,750 |
| Purchase Of Intangibles | -4.4M | -2.6M | -1.6M | -582,520 |
| Sale Of PPE | -- | -- | 20,683 | 25,500 |
| Taxes Refund Paid | -9,092 | -162,453 | 704,257 | 169,005 |