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 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling General And Administration | 1.4M | 810,423 | 868,278 | 971,891 |
| General And Administrative Expense | 1.4M | 810,423 | 868,278 | 971,891 |
| Research And Development | 2.3M | 1.7M | 1.9M | 1.5M |
| Operating Expense | 3.8M | 2.5M | 2.8M | 2.5M |
| Operating Income | -3.8M | -2.5M | -2.8M | -2.5M |
| EBIT | -3.8M | -2.5M | -2.8M | -2.5M |
| Interest Expense | 268,540 | 151,309 | 0.00 | -- |
| Interest Expense Non Operating | 268,540 | 151,309 | 0.00 | -- |
| Interest Income | 5,819 | 22,370 | 28,275 | 8,539 |
| Interest Income Non Operating | 5,819 | 22,370 | 28,275 | 8,539 |
| Net Interest Income | -262,721 | -128,939 | 28,275 | 8,539 |
| Other Income Expense | -21,846 | -1,885 | -2,030 | -3.1M |
| Special Income Charges | -18,815 | 0.00 | 0.00 | -3.1M |
| Restructuring And Mergern Acquisition | -- | -- | 0.00 | 3.1M |
| Gain On Sale Of Security | -3,031 | -1,885 | -2,030 | -3,741 |
| Pretax Income | -4.1M | -2.6M | -2.8M | -5.5M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -4.1M | -2.6M | -2.8M | -5.5M |
| Net Income From Continuing Operation Net Minority Interest | -4.1M | -2.6M | -2.8M | -5.5M |
| Net Income Including Noncontrolling Interests | -4.1M | -2.6M | -2.8M | -5.5M |
| Net Income Common Stockholders | -4.1M | -2.6M | -2.8M | -5.5M |
| Net Income | -4.1M | -2.6M | -2.8M | -5.5M |
| EBITDA | -3.3M | -1.9M | -2.3M | -2.1M |
| Normalized EBITDA | -3.2M | -1.9M | -2.3M | 993,749 |
| Reconciled Depreciation | 537,578 | 536,109 | 536,109 | 412,731 |
| Basic EPS | -0.50 | -0.40 | -0.40 | -1.00 |
| Diluted EPS | -0.50 | -0.40 | -0.40 | -1.00 |
| Basic Average Shares | 8.3M | 7.0M | 7.0M | 5.4M |
| Diluted Average Shares | 8.3M | 7.0M | 7.0M | 5.4M |
| Total Unusual Items | -21,846 | -1,885 | -2,030 | -3.1M |
| Total Unusual Items Excluding Goodwill | -21,846 | -1,885 | -2,030 | -3.1M |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -4.1M | -2.6M | -2.8M | -2.5M |
| Diluted NI Availto Com Stockholders | -4.1M | -2.6M | -2.8M | -5.5M |
| Net Income Continuous Operations | -4.1M | -2.6M | -2.8M | -5.5M |
| Net Non Operating Interest Income Expense | -262,721 | -128,939 | 28,275 | 8,539 |
| Other Gand A | 1.3M | 596,030 | 625,889 | 692,382 |
| Other Special Charges | 18,815 | -- | -- | -- |
| Rent And Landing Fees | 32,142 | 42,000 | 38,500 | 30,000 |
| Rent Expense Supplemental | 32,142 | 42,000 | 38,500 | 30,000 |
| Salaries And Wages | 161,199 | 172,393 | 203,889 | 249,509 |
| Total Expenses | 3.8M | 2.5M | 2.8M | 2.5M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 1.3M | 436,313 | 896,831 | 2.8M |
| Cash Cash Equivalents And Short Term Investments | 1.3M | 436,313 | 896,831 | 2.8M |
| Accounts Receivable | 81,334 | 20,079 | 14,883 | 74,025 |
| Receivables | 81,334 | 20,079 | 14,883 | 74,025 |
| Prepaid Assets | 869,370 | 176,136 | 157,887 | 185,407 |
| Current Assets | 2.3M | 632,528 | 1.1M | 3.1M |
| Goodwill And Other Intangible Assets | 4.0M | 4.5M | 5.1M | 5.6M |
| Other Intangible Assets | 4.0M | 4.5M | 5.1M | 5.6M |
| Total Non Current Assets | 4.0M | 4.5M | 5.1M | 5.6M |
| Total Assets | 6.2M | 5.1M | 6.1M | 8.7M |
| Current Debt | 1.4M | -- | -- | -- |
| Current Debt And Capital Lease Obligation | 1.4M | -- | -- | -- |
| Accounts Payable | 420,811 | 80,358 | 27,739 | 39,664 |
| Payables | 522,546 | 154,647 | 107,048 | 113,979 |
| Payables And Accrued Expenses | 522,546 | 154,647 | 107,048 | 113,979 |
| Current Liabilities | 1.9M | 154,647 | 107,048 | 113,979 |
| Long Term Debt | -- | 1.3M | -- | -- |
| Long Term Debt And Capital Lease Obligation | -- | 1.3M | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 1.3M | 0.00 | 0.00 |
| Total Liabilities Net Minority Interest | 1.9M | 1.5M | 107,048 | 113,979 |
| Common Stock | 16.4M | 13.6M | 13.6M | 13.6M |
| Capital Stock | 16.4M | 13.6M | 13.6M | 13.6M |
| Additional Paid In Capital | 2.8M | 910,260 | 746,933 | 490,798 |
| Retained Earnings | -15.0M | -10.9M | -8.3M | -5.5M |
| Common Stock Equity | 4.3M | 3.7M | 6.0M | 8.5M |
| Stockholders Equity | 4.3M | 3.7M | 6.0M | 8.5M |
| Total Equity Gross Minority Interest | 4.3M | 3.7M | 6.0M | 8.5M |
| Total Capitalization | 4.3M | 5.0M | 6.0M | 8.5M |
| Net Tangible Assets | 321,442 | -855,215 | 962,553 | 3.0M |
| Tangible Book Value | 321,442 | -855,215 | 962,553 | 3.0M |
| Working Capital | 321,442 | 477,881 | 962,553 | 3.0M |
| Invested Capital | 5.7M | 5.0M | 6.0M | 8.5M |
| Total Debt | 1.4M | 1.3M | -- | -- |
| Net Debt | 106,716 | 896,783 | -- | -- |
| Share Issued | 14.0M | 7.0M | 7.0M | 7.0M |
| Ordinary Shares Number | 14.0M | 7.0M | 7.0M | 7.0M |
| Duefrom Related Parties Current | -- | -- | -- | 0.00 |
| Dueto Related Parties Current | 101,735 | 74,289 | 79,309 | 74,315 |
| Other Current Borrowings | 1.4M | -- | -- | -- |
| Other Equity Interest | 2,841 | 77,841 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -3.9M | -1.9M | -1.9M | -2.3M |
| Cash Flow From Continuing Operating Activities | -3.9M | -1.9M | -1.9M | -2.3M |
| Depreciation And Amortization | 537,578 | 536,109 | 536,109 | 412,731 |
| Depreciation Amortization Depletion | 537,578 | 536,109 | 536,109 | 412,731 |
| Stock Based Compensation | 84,919 | 129,277 | 258,534 | 369,694 |
| Change In Working Capital | -550,874 | 24,154 | 79,731 | -145,473 |
| Changes In Account Receivables | -- | -- | 59,142 | -74,025 |
| Change In Receivables | -61,255 | -5,196 | 59,142 | -74,025 |
| Change In Payables And Accrued Expense | 203,615 | 47,599 | -6,931 | 113,959 |
| Change In Payable | 203,615 | 47,599 | -6,931 | 113,959 |
| Other Non Cash Items | 127,043 | 61,674 | -- | 2.6M |
| Sale Of Business | -- | -- | 0.00 | 800,000 |
| Investing Cash Flow | -- | -- | 0.00 | 800,000 |
| Cash Flow From Continuing Investing Activities | -- | -- | 0.00 | 800,000 |
| Issuance Of Debt | 0.00 | 1.5M | 0.00 | -- |
| Net Issuance Payments Of Debt | 0.00 | 1.5M | 0.00 | -- |
| Issuance Of Capital Stock | 4.9M | 0.00 | 0.00 | 4.3M |
| Net Common Stock Issuance | 4.9M | 0.00 | 0.00 | 4.3M |
| Financing Cash Flow | 4.7M | 1.4M | 2,150 | 4.3M |
| Cash Flow From Continuing Financing Activities | 4.7M | 1.4M | 2,150 | 4.3M |
| Changes In Cash | 876,430 | -460,518 | -1.9M | 2.8M |
| Beginning Cash Position | 436,313 | 896,831 | 2.8M | 7.00 |
| End Cash Position | 1.3M | 436,313 | 896,831 | 2.8M |
| Free Cash Flow | -3.9M | -1.9M | -1.9M | -2.3M |
| Amortization Cash Flow | 537,578 | 536,109 | 536,109 | 412,731 |
| Amortization Of Intangibles | 537,578 | 536,109 | 536,109 | 412,731 |
| Change In Account Payable | 176,170 | 52,619 | -11,925 | 39,664 |
| Change In Prepaid Assets | -693,234 | -18,249 | 27,520 | -185,407 |
| Common Stock Issuance | 4.9M | 0.00 | 0.00 | 4.3M |
| Long Term Debt Issuance | 0.00 | 1.5M | 0.00 | -- |
| Net Business Purchase And Sale | -- | -- | 0.00 | 800,000 |
| Net Income From Continuing Operations | -4.1M | -2.6M | -2.8M | -5.5M |
| Net Long Term Debt Issuance | 0.00 | 1.5M | 0.00 | -- |
| Net Other Financing Charges | -188,433 | -112,807 | -- | -- |
| Operating Gains Losses | 18,815 | -- | -- | -- |
| Proceeds From Stock Option Exercised | -- | 0.00 | 2,150 | 25,000 |