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 | 48.7M | 40.1M | 35.5M | 22.6M |
| Operating Revenue | 63.4M | 52.3M | 46.3M | 28.8M |
| Cost Of Revenue | 33.3M | 27.0M | 21.7M | 21.1M |
| Gross Profit | 15.4M | 13.1M | 13.8M | 1.5M |
| Selling General And Administration | 16.4M | 13.9M | 16.1M | 14.6M |
| General And Administrative Expense | 14.0M | 11.7M | 14.7M | 12.8M |
| Depreciation And Amortization In Income Statement | 216,941 | 296,401 | 328,046 | 265,170 |
| Operating Expense | 16.6M | 14.2M | 16.4M | 14.8M |
| Operating Income | -1.2M | -1.1M | -2.6M | -13.3M |
| EBIT | -1.4M | -722,279 | -2.8M | -13.3M |
| Interest Expense | 1.1M | 1.1M | 1.0M | 1.3M |
| Interest Expense Non Operating | 1.1M | 1.1M | 1.0M | 1.3M |
| Interest Income | -- | -- | -- | 83,583 |
| Interest Income Non Operating | -- | -- | -- | 83,583 |
| Net Interest Income | -1.1M | -1.1M | -1.0M | -1.3M |
| Other Income Expense | -242,949 | 361,166 | -244,409 | 75,353 |
| Other Non Operating Income Expenses | -- | -- | -- | 83,583 |
| Special Income Charges | -- | 0.00 | 383,423 | 0.00 |
| Gain On Sale Of Security | -242,949 | 361,166 | -627,832 | -8,230 |
| Pretax Income | -2.6M | -1.8M | -3.9M | -14.5M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -2.6M | -1.8M | -3.9M | -14.5M |
| Net Income From Continuing Operation Net Minority Interest | -2.6M | -1.8M | -3.9M | -14.5M |
| Net Income Including Noncontrolling Interests | -2.6M | -1.8M | -3.9M | -14.5M |
| Net Income Common Stockholders | -2.6M | -1.8M | -3.9M | -14.5M |
| Net Income | -2.6M | -1.8M | -3.9M | -14.5M |
| EBITDA | 1.9M | 2.4M | 217,000 | -10.9M |
| Normalized EBITDA | 2.1M | 2.0M | 461,409 | -10.9M |
| Reconciled Depreciation | 3.3M | 3.1M | 3.1M | 2.4M |
| Basic EPS | -0.04 | -0.03 | -0.07 | -0.26 |
| Diluted EPS | -0.04 | -0.03 | -0.07 | -0.26 |
| Basic Average Shares | 57.5M | 56.2M | 56.2M | 54.9M |
| Diluted Average Shares | 58.5M | 56.2M | 56.2M | 54.9M |
| Total Unusual Items | -242,949 | 361,166 | -244,409 | -8,230 |
| Total Unusual Items Excluding Goodwill | -242,949 | 361,166 | -244,409 | -8,230 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -2.3M | -2.2M | -3.6M | -14.5M |
| Depreciation Amortization Depletion Income Statement | 216,941 | 296,401 | 328,046 | 265,170 |
| Diluted NI Availto Com Stockholders | -2.6M | -1.8M | -3.9M | -14.5M |
| Excise Taxes | 14.7M | 12.2M | 10.8M | 6.2M |
| Net Income Continuous Operations | -2.6M | -1.8M | -3.9M | -14.5M |
| Net Income Discontinuous Operations | -- | -- | -- | 0.00 |
| Net Non Operating Interest Income Expense | -1.1M | -1.1M | -1.0M | -1.3M |
| Other Gand A | 3.7M | 3.5M | 11.7M | 10.7M |
| Other Special Charges | -- | -- | -383,423 | -- |
| Reconciled Cost Of Revenue | 30.2M | 24.1M | 19.0M | 19.0M |
| Salaries And Wages | 10.3M | 8.3M | 3.0M | 2.1M |
| Selling And Marketing Expense | 2.3M | 2.2M | 1.3M | 1.8M |
| Total Expenses | 49.9M | 41.2M | 38.1M | 36.0M |
| Total Operating Income As Reported | -1.2M | -1.1M | -2.6M | -13.3M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 9.9M | 9.8M | 8.3M | 11.6M |
| Cash Cash Equivalents And Short Term Investments | 9.9M | 9.8M | 8.3M | 11.6M |
| Cash Equivalents | 2.0M | 3.6M | 3.5M | 8.9M |
| Cash Financial | 7.9M | 6.2M | 4.8M | 2.6M |
| Accounts Receivable | 5.6M | 3.3M | 4.8M | 4.1M |
| Receivables | 5.8M | 3.3M | 4.8M | 4.2M |
| Inventory | 12.6M | 11.3M | 12.7M | 10.6M |
| Prepaid Assets | 2.4M | 2.3M | 1.6M | 694,292 |
| Current Assets | 30.7M | 27.0M | 27.7M | 27.2M |
| Gross PPE | 38.0M | 36.6M | 34.4M | 30.6M |
| Accumulated Depreciation | -14.4M | -11.1M | -8.4M | -5.3M |
| Net PPE | 23.6M | 25.5M | 26.0M | 25.3M |
| Goodwill And Other Intangible Assets | 2.4M | 2.4M | 2.4M | 1.9M |
| Other Intangible Assets | 2.4M | 2.4M | 2.4M | 1.9M |
| Total Non Current Assets | 26.0M | 27.9M | 28.4M | 27.7M |
| Total Assets | 56.6M | 54.9M | 56.1M | 54.8M |
| Current Debt | 1.3M | 10.3M | 758,464 | 659,256 |
| Current Debt And Capital Lease Obligation | 1.4M | 10.3M | 817,463 | 811,329 |
| Accounts Payable | 1.8M | 1.2M | 681,248 | 1.6M |
| Payables | 5.8M | 4.2M | 1.9M | 3.1M |
| Payables And Accrued Expenses | 9.3M | 6.6M | 7.6M | 6.1M |
| Current Accrued Expenses | 3.5M | 2.4M | 5.6M | 3.1M |
| Current Deferred Revenue | -- | -- | -- | 0.00 |
| Current Liabilities | 10.7M | 16.9M | 8.4M | 6.9M |
| Long Term Debt | 8.5M | -- | 9.4M | 8.9M |
| Long Term Debt And Capital Lease Obligation | 8.5M | 88,973 | 9.4M | 9.0M |
| Long Term Capital Lease Obligation | 24,151 | 88,973 | 0.00 | 58,999 |
| Total Non Current Liabilities Net Minority Interest | 8.5M | 88,973 | 9.4M | 9.0M |
| Total Liabilities Net Minority Interest | 19.2M | 17.0M | 17.8M | 15.9M |
| Common Stock | 108.3M | 107.8M | 107.6M | 107.2M |
| Capital Stock | 108.3M | 107.8M | 107.6M | 107.2M |
| Retained Earnings | -94.1M | -91.5M | -89.7M | -85.8M |
| Gains Losses Not Affecting Retained Earnings | 23.2M | 21.6M | 20.4M | 17.5M |
| Other Equity Adjustments | 23.2M | 21.6M | 20.4M | 17.5M |
| Common Stock Equity | 37.4M | 37.9M | 38.3M | 38.9M |
| Stockholders Equity | 37.4M | 37.9M | 38.3M | 38.9M |
| Total Equity Gross Minority Interest | 37.4M | 37.9M | 38.3M | 38.9M |
| Total Capitalization | 45.9M | 37.9M | 47.7M | 47.8M |
| Net Tangible Assets | 35.0M | 35.5M | 36.0M | 37.0M |
| Tangible Book Value | 35.0M | 35.5M | 36.0M | 37.0M |
| Working Capital | 19.9M | 10.1M | 19.3M | 20.2M |
| Invested Capital | 47.2M | 48.2M | 48.5M | 48.5M |
| Total Debt | 9.9M | 10.4M | 10.2M | 9.8M |
| Net Debt | -- | 475,372 | 1.9M | -- |
| Share Issued | 56.5M | 56.2M | 56.1M | 56.0M |
| Ordinary Shares Number | 56.5M | 56.2M | 56.1M | 56.0M |
| Buildings And Improvements | 19.8M | 18.7M | 17.8M | 15.1M |
| Capital Lease Obligations | 88,973 | 142,438 | 58,999 | 211,072 |
| Construction In Progress | 69,024 | 533,862 | 723,993 | 342,781 |
| Current Capital Lease Obligation | 64,822 | 53,465 | 58,999 | 152,073 |
| Current Deferred Liabilities | -- | -- | -- | 0.00 |
| Finished Goods | 863,436 | 1.1M | 1.2M | 864,633 |
| Hedging Assets Current | 0.00 | 386,642 | 401,230 | 125,881 |
| Interest Payable | 56,839 | 385,800 | 352,765 | 332,904 |
| Land And Improvements | 2.0M | 2.0M | 2.0M | 2.0M |
| Machinery Furniture Equipment | 16.0M | 15.2M | 13.8M | 13.0M |
| Non Current Prepaid Assets | -- | -- | 0.00 | 483,000 |
| Other Current Borrowings | 1.3M | 10.3M | 758,464 | 659,256 |
| Other Equity Interest | -- | -- | -- | 17.5M |
| Other Inventories | 1.8M | 1.6M | 2.2M | 2.2M |
| Other Properties | 97,396 | 97,396 | 97,396 | 97,396 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 1.8M | 2.0M | 2.2M | 2.0M |
| Taxes Receivable | 207,153 | 17,647 | 13,107 | 16,917 |
| Total Tax Payable | 4.1M | 3.0M | 1.3M | 1.5M |
| Work In Process | 8.1M | 6.6M | 7.1M | 5.5M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 3.4M | 5.0M | 2.0M | -10.4M |
| Cash Flow From Continuing Operating Activities | 3.4M | 5.0M | 2.0M | -10.4M |
| Depreciation And Amortization | 3.3M | 3.1M | 3.1M | 2.4M |
| Depreciation Amortization Depletion | 3.3M | 3.1M | 3.1M | 2.4M |
| Stock Based Compensation | 2.1M | 1.4M | 3.0M | 2.1M |
| Change In Working Capital | -577,764 | 551,220 | 83,773 | -2.5M |
| Changes In Account Receivables | -2.5M | 1.4M | -625,620 | -1.6M |
| Change In Receivables | -2.5M | 1.4M | -625,620 | -1.6M |
| Change In Inventory | -1.2M | 448,012 | -446,106 | -1.1M |
| Change In Payables And Accrued Expense | 3.3M | -420,482 | 2.0M | 444,519 |
| Change In Payable | 3.2M | -823,877 | 1.6M | 73,814 |
| Change In Other Working Capital | -- | -- | -- | -465,497 |
| Change In Other Current Assets | 0.00 | 150,000 | -150,000 | 0.00 |
| Change In Other Current Liabilities | -56,839 | -385,800 | -352,765 | -332,904 |
| Other Non Cash Items | 1.0M | 2.0M | -708,852 | 2.1M |
| Capital Expenditure | -1.5M | -2.7M | -4.5M | -5.5M |
| Purchase Of PPE | -1.5M | -2.6M | -4.1M | -5.5M |
| Net PPE Purchase And Sale | -1.5M | -2.6M | -4.1M | -5.5M |
| Sale Of Business | -- | -- | -- | 0.00 |
| Investing Cash Flow | -1.5M | -2.7M | -4.5M | -5.5M |
| Cash Flow From Continuing Investing Activities | -1.5M | -2.7M | -4.5M | -5.5M |
| Issuance Of Debt | 9.8M | 0.00 | 0.00 | 9.8M |
| Repayment Of Debt | -11.3M | -107,001 | -171,114 | -14.0M |
| Net Issuance Payments Of Debt | -1.5M | -107,001 | -171,114 | -4.2M |
| Issuance Of Capital Stock | -- | -- | 0.00 | 21.2M |
| Net Common Stock Issuance | -- | -- | 0.00 | 21.2M |
| Financing Cash Flow | -1.8M | -804,006 | -838,562 | 15.3M |
| Cash Flow From Continuing Financing Activities | -1.8M | -804,006 | -838,562 | 15.3M |
| Effect Of Exchange Rate Changes | -6,554 | -22,836 | 48,092 | 82,029 |
| Changes In Cash | 79,628 | 1.5M | -3.3M | -635,045 |
| Beginning Cash Position | 9.8M | 8.3M | 11.6M | 12.1M |
| End Cash Position | 9.9M | 9.8M | 8.3M | 11.6M |
| Free Cash Flow | 1.9M | 2.3M | -2.5M | -15.9M |
| Asset Impairment Charge | -- | -- | -- | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Account Payable | 3.2M | -823,877 | 1.6M | 73,814 |
| Change In Accrued Expense | 66,753 | 403,395 | 371,806 | 370,705 |
| Change In Interest Payable | 66,753 | 403,395 | 371,806 | 370,705 |
| Change In Prepaid Assets | -130,378 | -685,510 | -319,152 | 536,981 |
| Common Stock Issuance | -- | -- | 0.00 | 21.2M |
| Gain Loss On Investment Securities | -466,710 | 14,588 | -275,349 | -125,881 |
| Interest Paid Cff | -1.2M | -697,005 | -667,448 | -2.3M |
| Long Term Debt Issuance | 9.8M | 0.00 | 0.00 | 9.8M |
| Long Term Debt Payments | -11.3M | -107,001 | -171,114 | -14.0M |
| Net Business Purchase And Sale | -- | -- | -- | 0.00 |
| Net Foreign Currency Exchange Gain Loss | 632,626 | -248,606 | 616,079 | 150,939 |
| Net Income From Continuing Operations | -2.6M | -1.8M | -3.9M | -14.5M |
| Net Intangibles Purchase And Sale | 0.00 | -150,000 | -350,000 | 0.00 |
| Net Long Term Debt Issuance | -1.5M | -107,001 | -171,114 | -4.2M |
| Net Other Financing Charges | 853,352 | -- | -- | -- |
| Net Short Term Debt Issuance | -- | -- | -- | 0.00 |
| Operating Gains Losses | 165,916 | -234,018 | 340,730 | 25,058 |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 604,085 |
| Purchase Of Intangibles | 0.00 | -150,000 | -350,000 | 0.00 |
| Short Term Debt Issuance | -- | -- | -- | 0.00 |
| Short Term Debt Payments | -- | -- | -- | 0.00 |
| Unrealized Gain Loss On Investment Securities | -- | 946,409 | -1.6M | 798,047 |