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 | 153.3M | 144.0M | 117.4M | 98.6M |
| Operating Revenue | 153.3M | 144.0M | 117.4M | 98.6M |
| Cost Of Revenue | 125.5M | 113.9M | 89.5M | 69.2M |
| Gross Profit | 27.8M | 30.1M | 27.9M | 29.4M |
| Selling General And Administration | 28.5M | 26.0M | 35.8M | 26.1M |
| Research And Development | 1.4M | 3.2M | 1.9M | 1.9M |
| Depreciation And Amortization In Income Statement | 11.5M | 11.7M | 11.9M | 18.3M |
| Operating Expense | 41.3M | 40.8M | 49.6M | 46.3M |
| Operating Income | -13.5M | -10.7M | -21.8M | -17.0M |
| EBIT | -3.5M | -18.2M | -27.6M | -19.1M |
| Interest Expense | 6.5M | 6.7M | 7.2M | 1.8M |
| Interest Expense Non Operating | 6.5M | 6.7M | 7.2M | 1.8M |
| Interest Income | 535,000 | 1.0M | 287,356 | 128,625 |
| Interest Income Non Operating | 535,000 | 1.0M | 287,356 | 128,625 |
| Net Interest Income | -5.9M | -5.7M | -6.9M | -1.7M |
| Other Income Expense | 9.5M | -8.5M | -6.2M | -2.3M |
| Other Non Operating Income Expenses | 904,000 | 342,000 | 1.1M | 1.6M |
| Special Income Charges | -1.7M | -7.1M | -15.0M | -4.8M |
| Restructuring And Mergern Acquisition | 2.4M | 2.2M | 1.8M | 4.8M |
| Write Off | 0.00 | 2.2M | -- | -- |
| Gain On Sale Of Security | 10.5M | -2.2M | 7.7M | 953,711 |
| Earnings From Equity Interest | -220,000 | 375,000 | -- | -- |
| Pretax Income | -10.0M | -24.9M | -34.8M | -21.0M |
| Tax Provision | 1.0M | 7.5M | 5.1M | -3.6M |
| Tax Effect Of Unusual Items | 1.3M | -3.7M | -1.9M | -655,888 |
| Net Income From Continuing And Discontinued Operation | -11.0M | -46.2M | 2.0M | -17.4M |
| Net Income From Continuing Operation Net Minority Interest | -11.0M | -32.4M | -39.9M | -17.4M |
| Net Income Including Noncontrolling Interests | -11.0M | -46.2M | 2.0M | -17.4M |
| Net Income Common Stockholders | -11.0M | -46.2M | 2.0M | -17.4M |
| Net Income | -11.0M | -46.2M | 2.0M | -17.4M |
| EBITDA | 8.0M | -6.5M | -15.7M | -801,556 |
| Normalized EBITDA | -867,000 | 2.7M | -8.5M | 3.1M |
| Reconciled Depreciation | 11.5M | 11.7M | 11.9M | 18.3M |
| Basic EPS | -0.10 | -0.40 | 0.01 | -0.15 |
| Diluted EPS | -0.10 | -0.40 | 0.01 | -0.15 |
| Basic Average Shares | 115.4M | 114.8M | 114.4M | 114.0M |
| Diluted Average Shares | 115.4M | 114.8M | 114.4M | 114.0M |
| Total Unusual Items | 8.8M | -9.2M | -7.2M | -3.9M |
| Total Unusual Items Excluding Goodwill | 8.8M | -9.2M | -7.2M | -3.9M |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.26 | 0.17 |
| Normalized Income | -18.5M | -26.9M | -34.6M | -14.2M |
| Amortization | 8.5M | 8.6M | 8.6M | 15.9M |
| Amortization Of Intangibles Income Statement | 8.5M | 8.6M | 8.6M | 15.9M |
| Depreciation Amortization Depletion Income Statement | 11.5M | 11.7M | 11.9M | 18.3M |
| Depreciation Income Statement | 3.0M | 3.1M | 3.4M | 2.5M |
| Diluted NI Availto Com Stockholders | -11.0M | -46.2M | 2.0M | -17.4M |
| Gain On Sale Of Business | 708,000 | 0.00 | -- | -- |
| Gain On Sale Of Ppe | 0.00 | -2.8M | 0.00 | -- |
| Impairment Of Capital Assets | -- | 2.2M | 1.3M | 0.00 |
| Net Income Continuous Operations | -11.0M | -32.4M | -39.9M | -17.4M |
| Net Income Discontinuous Operations | 0.00 | -13.8M | 41.9M | 0.00 |
| Net Non Operating Interest Income Expense | -5.9M | -5.7M | -6.9M | -1.7M |
| Other Special Charges | -- | -- | 11.8M | -- |
| Reconciled Cost Of Revenue | 125.5M | 113.9M | 89.5M | 69.2M |
| Total Expenses | 166.9M | 154.7M | 139.2M | 115.6M |
| Total Operating Income As Reported | -15.9M | -17.8M | -36.7M | -21.8M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 31.9M | 42.7M | 48.9M | 55.5M |
| Cash Cash Equivalents And Short Term Investments | 31.9M | 42.7M | 50.0M | 56.9M |
| Other Short Term Investments | 0.00 | 0.00 | 1.1M | 1.5M |
| Accounts Receivable | 20.7M | 27.3M | 17.2M | 23.7M |
| Receivables | 55.4M | 61.5M | 47.9M | 52.1M |
| Inventory | 10.1M | 10.8M | 10.1M | 10.8M |
| Prepaid Assets | 4.6M | 4.8M | 5.0M | 4.1M |
| Current Assets | 102.0M | 119.8M | 117.9M | 126.4M |
| Gross PPE | 23.1M | 21.4M | 12.7M | 18.3M |
| Accumulated Depreciation | -14.1M | -11.9M | -11.7M | -7.7M |
| Net PPE | 9.0M | 9.4M | 12.7M | 10.6M |
| Goodwill | 31.0M | 29.0M | 41.6M | 41.6M |
| Goodwill And Other Intangible Assets | 109.3M | 108.1M | 145.7M | 160.3M |
| Other Intangible Assets | 78.4M | 79.1M | 104.2M | 118.7M |
| Investments And Advances | 3.9M | 8.0M | 5.7M | 5.8M |
| Long Term Equity Investment | 3.9M | 8.0M | 5.7M | 5.8M |
| Total Non Current Assets | 128.1M | 130.8M | 185.7M | 208.7M |
| Total Assets | 230.1M | 250.6M | 303.6M | 335.0M |
| Current Debt | 39.0M | 40.3M | 57.2M | 2.5M |
| Current Debt And Capital Lease Obligation | 41.0M | 42.3M | 59.2M | 4.2M |
| Accounts Payable | 17.9M | 23.7M | 34.7M | 20.0M |
| Payables | 18.2M | 24.4M | 35.4M | 21.6M |
| Payables And Accrued Expenses | 18.9M | 25.9M | 35.4M | 26.2M |
| Current Accrued Expenses | 670,000 | 1.5M | 8.7M | 4.5M |
| Current Deferred Revenue | 5.7M | 5.8M | 6.3M | 6.3M |
| Other Current Liabilities | 3.2M | 4.1M | 1.3M | 1.6M |
| Current Liabilities | 73.1M | 81.4M | 102.2M | 44.0M |
| Long Term Debt | 15.3M | 17.3M | 35.6M | 82.3M |
| Long Term Debt And Capital Lease Obligation | 20.1M | 23.0M | 7.1M | 86.7M |
| Long Term Capital Lease Obligation | 4.8M | 5.7M | 7.1M | 4.4M |
| Other Non Current Liabilities | 512,000 | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 25.8M | 25.8M | 11.5M | 102.0M |
| Total Liabilities Net Minority Interest | 99.0M | 107.2M | 113.7M | 145.9M |
| Common Stock | 314.6M | 313.7M | 401.2M | 426.9M |
| Capital Stock | 314.6M | 313.7M | 401.2M | 426.9M |
| Additional Paid In Capital | 127.4M | 126.1M | 37.5M | 39.2M |
| Retained Earnings | -323.1M | -312.1M | -264.8M | -277.1M |
| Gains Losses Not Affecting Retained Earnings | 12.1M | 15.7M | 15.9M | 112,939 |
| Other Equity Adjustments | 12.1M | 15.7M | 15.9M | 112,939 |
| Common Stock Equity | 131.1M | 143.4M | 189.9M | 189.1M |
| Stockholders Equity | 131.1M | 143.4M | 189.9M | 189.1M |
| Total Equity Gross Minority Interest | 131.1M | 143.4M | 189.9M | 189.1M |
| Total Capitalization | 146.4M | 160.8M | 189.9M | 271.4M |
| Net Tangible Assets | 21.8M | 35.3M | 44.2M | 28.8M |
| Tangible Book Value | 21.8M | 35.3M | 44.2M | 28.8M |
| Working Capital | 28.9M | 38.5M | 15.7M | 82.4M |
| Invested Capital | 185.3M | 201.1M | 247.1M | 273.9M |
| Total Debt | 61.1M | 65.3M | 66.3M | 90.9M |
| Net Debt | 22.3M | 14.9M | 8.3M | 29.3M |
| Share Issued | 115.8M | 115.1M | 114.6M | 113.9M |
| Ordinary Shares Number | 115.8M | 115.1M | 114.6M | 113.9M |
| Allowance For Doubtful Accounts Receivable | -306,000 | -181,000 | -412,614 | -734,106 |
| Buildings And Improvements | 13.5M | 12.5M | 13.2M | 8.6M |
| Capital Lease Obligations | 6.8M | 7.7M | 9.0M | 6.1M |
| Current Capital Lease Obligation | 2.0M | 2.0M | 1.9M | 1.7M |
| Current Deferred Liabilities | 5.7M | 5.8M | 6.3M | 6.3M |
| Derivative Product Liabilities | -- | 2.3M | 1.3M | 7.4M |
| Dividends Payable | 0.00 | 0.00 | 1.1M | 1.1M |
| Finished Goods | 2.1M | 2.9M | 2.5M | 3.5M |
| Gross Accounts Receivable | 21.0M | 27.5M | 17.6M | 24.4M |
| Income Tax Payable | 334,000 | 662,000 | 724,000 | 549,011 |
| Investments In Other Ventures Under Equity Method | 3.9M | 2.9M | 0.00 | -- |
| Investmentsin Joint Venturesat Cost | 0.00 | 5.1M | 5.7M | 5.8M |
| Land And Improvements | 0.00 | 0.00 | 539,346 | 549,795 |
| Leases | 323,000 | 326,000 | 370,616 | 374,112 |
| Machinery Furniture Equipment | 9.1M | 8.2M | 10.3M | 8.4M |
| Non Current Accounts Receivable | 4.8M | 4.4M | 397,000 | 396,072 |
| Non Current Deferred Assets | 1.1M | 952,000 | 19.9M | 30.8M |
| Non Current Deferred Liabilities | 5.3M | 2.8M | 4.4M | 7.9M |
| Non Current Deferred Revenue | 1.6M | 621,000 | 2.0M | 2.2M |
| Non Current Deferred Taxes Assets | 0.00 | 0.00 | 18.9M | 29.6M |
| Non Current Deferred Taxes Liabilities | 2.6M | 1.2M | 1.5M | 4.6M |
| Non Current Prepaid Assets | 0.00 | 0.00 | 1.3M | 741,165 |
| Other Current Borrowings | 39.0M | 40.3M | 57.2M | 2.5M |
| Other Properties | 173,000 | 292,000 | 12.7M | 342,740 |
| Other Receivables | 34.5M | 34.2M | 30.5M | 28.2M |
| Pensionand Other Post Retirement Benefit Plans Current | 4.4M | 3.3M | 7.9M | 5.7M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 5.2M | 6.3M | 6.4M | 6.0M |
| Restricted Cash | 0.00 | 0.00 | 4.8M | 2.4M |
| Taxes Receivable | 231,000 | 0.00 | 251,000 | 301,956 |
| Total Tax Payable | 334,000 | 662,000 | 724,000 | 549,011 |
| Work In Process | 2.9M | 1.5M | 1.2M | 1.2M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -4.4M | -18.4M | 29.2M | -10.5M |
| Cash Flow From Continuing Operating Activities | -4.4M | -14.0M | -32.3M | -10.5M |
| Depreciation And Amortization | 11.5M | 11.7M | 11.9M | 18.3M |
| Depreciation Amortization Depletion | 11.5M | 11.7M | 11.9M | 18.3M |
| Stock Based Compensation | 2.5M | 1.2M | 1.2M | 1.5M |
| Deferred Tax | 607,000 | 9.7M | 4.9M | -4.6M |
| Deferred Income Tax | 607,000 | 9.7M | 4.9M | -4.6M |
| Change In Working Capital | 2.4M | -12.8M | -5.1M | -5.8M |
| Changes In Account Receivables | 6.2M | -10.4M | 803,861 | -5.8M |
| Change In Receivables | 5.7M | -14.8M | -2.8M | -14.4M |
| Change In Inventory | 617,000 | -684,000 | 44,209 | -4.1M |
| Change In Payables And Accrued Expense | -5.1M | 4.8M | -613,027 | 10.4M |
| Change In Payable | -5.1M | 4.8M | -613,027 | 10.4M |
| Change In Other Working Capital | 912,000 | -964,000 | -545,240 | 2.4M |
| Other Non Cash Items | -4.1M | 1.4M | 716,917 | -- |
| Capital Expenditure | -5.4M | -5.0M | -6.4M | -5.2M |
| Purchase Of PPE | -1.4M | -1.6M | -2.2M | -901,162 |
| Net PPE Purchase And Sale | -1.3M | -1.6M | -2.0M | -809,399 |
| Purchase Of Business | -7.2M | -8.2M | 0.00 | -120.7M |
| Sale Of Business | 6.7M | 32.7M | 0.00 | -- |
| Sale Of Investment | -- | 0.00 | 221,780 | 3.1M |
| Net Investment Purchase And Sale | -- | 0.00 | 221,780 | 3.1M |
| Investing Cash Flow | -2.0M | 21.4M | -7.6M | -124.0M |
| Cash Flow From Continuing Investing Activities | -2.0M | 20.2M | -5.1M | -124.0M |
| Issuance Of Debt | -- | -- | 0.00 | 102.5M |
| Repayment Of Debt | -4.5M | -4.6M | -28.1M | -11.9M |
| Net Issuance Payments Of Debt | -4.5M | -4.6M | -28.1M | 90.6M |
| Repurchase Of Capital Stock | -- | -- | 0.00 | -1.6M |
| Net Common Stock Issuance | -- | -- | 0.00 | -1.6M |
| Common Stock Dividend Paid | 0.00 | -2.1M | -4.2M | -- |
| Common Stock Payments | -- | -- | 0.00 | -1.6M |
| Financing Cash Flow | -4.5M | -6.7M | -31.6M | 84.9M |
| Cash Flow From Continuing Financing Activities | -4.5M | -6.6M | -31.5M | 84.9M |
| Effect Of Exchange Rate Changes | 106,000 | -2.4M | 6.8M | -1.4M |
| Changes In Cash | -10.9M | -3.7M | -10.0M | -49.5M |
| Beginning Cash Position | 42.7M | 48.9M | 52.1M | 106.4M |
| End Cash Position | 31.9M | 42.7M | 48.9M | 55.5M |
| Free Cash Flow | -9.9M | -23.4M | 22.8M | -15.6M |
| Income Tax Paid Supplemental Data | -- | 413,086 | 520,925 | 615,677 |
| Interest Paid Supplemental Data | 3.7M | 3.6M | 4.8M | 65,881 |
| Asset Impairment Charge | 0.00 | 2.2M | 1.3M | -- |
| Capital Expenditure Reported | -4.0M | -3.3M | -4.2M | -- |
| Cash Dividends Paid | 0.00 | -2.1M | -4.2M | -4.4M |
| Cash From Discontinued Financing Activities | 0.00 | -100,000 | -148,099 | -- |
| Cash From Discontinued Investing Activities | 0.00 | 1.2M | -2.5M | -- |
| Cash From Discontinued Operating Activities | 0.00 | -4.4M | 61.5M | -- |
| Change In Account Payable | -4.7M | 4.5M | -690,392 | 10.4M |
| Change In Income Tax Payable | -328,000 | 249,000 | 77,365 | 54,117 |
| Change In Prepaid Assets | 207,000 | -1.2M | -1.2M | -141,174 |
| Change In Tax Payable | -328,000 | 249,000 | 77,365 | 54,117 |
| Depreciation | 11.5M | 11.7M | 21.8M | 18.3M |
| Dividends Received Cfi | 3.8M | 617,000 | 950,486 | 1.1M |
| Earnings Losses From Equity Investments | -- | -- | -- | -1.5M |
| Gain Loss On Investment Securities | -1.7M | 902,000 | -5.2M | -1.5M |
| Gain Loss On Sale Of Business | -708,000 | 0.00 | -- | -- |
| Long Term Debt Issuance | -- | -- | 0.00 | 92.5M |
| Long Term Debt Payments | -4.5M | -4.6M | -28.1M | -1.9M |
| Net Business Purchase And Sale | -499,000 | 24.5M | 0.00 | -120.7M |
| Net Foreign Currency Exchange Gain Loss | -4.0M | 1.3M | -2.1M | -953,711 |
| Net Income From Continuing Operations | -11.0M | -32.4M | -39.9M | -17.4M |
| Net Intangibles Purchase And Sale | -- | -- | -4.2M | -4.3M |
| Net Long Term Debt Issuance | -4.5M | -4.6M | -28.1M | 90.6M |
| Net Other Investing Changes | -- | -- | -2.5M | -2.4M |
| Net Short Term Debt Issuance | -- | -- | 0.00 | 0.00 |
| Operating Gains Losses | -6.3M | 4.9M | -7.2M | -2.6M |
| Proceeds From Stock Option Exercised | 0.00 | 80,000 | 846,596 | 361,563 |
| Purchase Of Intangibles | -- | -- | -4.2M | -4.3M |
| Sale Of PPE | 98,000 | 42,000 | 172,414 | 91,763 |
| Short Term Debt Issuance | -- | -- | 0.00 | 10.0M |
| Short Term Debt Payments | -- | -- | 0.00 | -10.0M |