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 | 13.6M | 16.2M | 9.8M | 11.1M |
| Operating Revenue | 13.6M | 16.2M | 9.8M | 11.1M |
| Cost Of Revenue | -- | -- | 16.8M | 8.9M |
| Gross Profit | -- | -- | 9.8M | 2.2M |
| Selling General And Administration | 26.6M | 33.4M | 35.9M | 22.8M |
| General And Administrative Expense | 17.2M | 21.3M | 21.7M | 16.8M |
| Depreciation And Amortization In Income Statement | 264,438 | 283,385 | 221,170 | 212,528 |
| Other Operating Expenses | 5.4M | 5.2M | 3.5M | 2.0M |
| Operating Expense | 32.2M | 38.8M | 39.7M | 25.0M |
| Operating Income | -18.7M | -22.6M | -29.9M | -22.8M |
| EBIT | -20.3M | -24.6M | -31.1M | -24.3M |
| Interest Expense | 2.1M | 294,544 | 2,941 | 7,295 |
| Interest Expense Non Operating | 2.1M | 294,544 | 2,941 | 7,295 |
| Interest Income | 72,457 | -- | -- | -- |
| Interest Income Non Operating | 72,457 | -- | -- | -- |
| Net Interest Income | -2.1M | -294,544 | -2,941 | -7,295 |
| Other Income Expense | -1.7M | -2.0M | -1.3M | -1.5M |
| Special Income Charges | -- | 0.00 | -1.3M | -1.5M |
| Write Off | -- | -- | 0.00 | 1.5M |
| Gain On Sale Of Security | -1.7M | -2.0M | 20,883 | 87,721 |
| Pretax Income | -22.4M | -24.9M | -31.1M | -24.3M |
| Tax Provision | 0.00 | -1.1M | 0.00 | -- |
| Tax Effect Of Unusual Items | 0.00 | -88,096 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -22.4M | -23.8M | -31.1M | -24.3M |
| Net Income From Continuing Operation Net Minority Interest | -22.4M | -23.8M | -31.1M | -24.3M |
| Net Income Including Noncontrolling Interests | -22.4M | -23.8M | -31.1M | -24.3M |
| Net Income Common Stockholders | -22.4M | -23.8M | -31.1M | -24.3M |
| Net Income | -22.4M | -23.8M | -31.1M | -24.3M |
| EBITDA | -20.0M | -24.3M | -30.9M | -24.1M |
| Normalized EBITDA | -18.4M | -22.3M | -29.6M | -22.6M |
| Reconciled Depreciation | 264,438 | 283,385 | 221,169 | 212,529 |
| Basic EPS | -0.33 | -0.38 | -0.53 | -0.57 |
| Diluted EPS | -0.33 | -0.38 | -0.53 | -0.57 |
| Basic Average Shares | 67.1M | 63.1M | 58.8M | 42.6M |
| Diluted Average Shares | 67.1M | 63.1M | 58.8M | 42.6M |
| Total Unusual Items | -1.7M | -2.0M | -1.3M | -1.5M |
| Total Unusual Items Excluding Goodwill | -1.7M | -2.0M | -1.3M | -1.5M |
| Tax Rate For Calcs | 0.00 | 0.04 | 0.00 | 0.00 |
| Normalized Income | -20.8M | -21.9M | -29.9M | -22.9M |
| Depreciation Amortization Depletion Income Statement | 264,438 | 283,385 | 221,170 | 212,528 |
| Diluted NI Availto Com Stockholders | -22.4M | -23.8M | -31.1M | -24.3M |
| Net Income Continuous Operations | -22.4M | -23.8M | -31.1M | -24.3M |
| Net Non Operating Interest Income Expense | -2.1M | -294,544 | -2,941 | -7,295 |
| Other Gand A | 16.8M | 19.7M | 13.5M | 6.3M |
| Other Special Charges | -- | -- | 1.3M | -- |
| Reconciled Cost Of Revenue | -- | -- | 16.8M | 8.9M |
| Salaries And Wages | 381,564 | 1.6M | 8.2M | 10.5M |
| Selling And Marketing Expense | 9.4M | 12.1M | 14.2M | 6.1M |
| Total Expenses | 32.2M | 38.8M | 39.7M | 33.9M |
| Total Operating Income As Reported | -18.7M | -22.6M | -30.1M | -24.8M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 1.6M | 10.5M | 12.2M | 35.5M |
| Cash Cash Equivalents And Short Term Investments | 1.6M | 10.5M | 12.2M | 35.5M |
| Accounts Receivable | 72,358 | 5,414 | 12,032 | 1.9M |
| Receivables | 72,358 | 5,414 | 12,032 | 1.9M |
| Prepaid Assets | 280,258 | 328,241 | 231,378 | 461,397 |
| Current Assets | 3.0M | 13.8M | 16.6M | 40.0M |
| Gross PPE | 576,887 | 716,544 | 906,300 | 387,736 |
| Accumulated Depreciation | -130,712 | -106,009 | -76,937 | -52,752 |
| Net PPE | 446,175 | 610,535 | 829,363 | 334,984 |
| Goodwill And Other Intangible Assets | 134,663 | 134,663 | 134,663 | 134,663 |
| Other Non Current Assets | -- | 536,992 | 496,424 | -- |
| Total Non Current Assets | 1.1M | 1.3M | 1.5M | 469,647 |
| Total Assets | 4.1M | 15.1M | 18.1M | 40.5M |
| Current Debt And Capital Lease Obligation | 154,454 | 139,487 | 158,868 | 121,445 |
| Payables And Accrued Expenses | 3.7M | 2.9M | 2.9M | 1.3M |
| Current Deferred Revenue | 5.0M | 0.00 | -- | -- |
| Other Current Liabilities | -1.00 | -- | -1.00 | -- |
| Current Liabilities | 8.8M | 3.1M | 3.0M | 1.5M |
| Long Term Debt | 12.0M | 9.9M | -- | -- |
| Long Term Debt And Capital Lease Obligation | 12.1M | 10.1M | 326,124 | 17,753 |
| Long Term Capital Lease Obligation | 32,251 | 186,705 | 326,124 | 17,753 |
| Other Non Current Liabilities | 1.00 | 2.00 | -1.00 | -- |
| Total Non Current Liabilities Net Minority Interest | 12.1M | 10.1M | 326,123 | 17,753 |
| Total Liabilities Net Minority Interest | 20.9M | 13.2M | 3.4M | 1.5M |
| Common Stock | 80.7M | 77.8M | 69.8M | 69.8M |
| Capital Stock | 80.7M | 77.8M | 69.8M | 69.8M |
| Additional Paid In Capital | 15.9M | 15.1M | 16.1M | 7.6M |
| Retained Earnings | -116.4M | -94.0M | -70.2M | -39.1M |
| Gains Losses Not Affecting Retained Earnings | -- | -1.7M | -961,863 | 641,554 |
| Other Equity Adjustments | -- | -1.7M | -961,863 | 641,554 |
| Common Stock Equity | -16.8M | 1.9M | 14.7M | 39.0M |
| Stockholders Equity | -16.8M | 1.9M | 14.7M | 39.0M |
| Total Equity Gross Minority Interest | -16.8M | 1.9M | 14.7M | 39.0M |
| Total Capitalization | -4.8M | 11.8M | 14.7M | 39.0M |
| Net Tangible Assets | -16.9M | 1.8M | 14.6M | 38.8M |
| Tangible Book Value | -16.9M | 1.8M | 14.6M | 38.8M |
| Working Capital | -5.8M | 10.7M | 13.6M | 38.5M |
| Invested Capital | -4.8M | 11.8M | 14.7M | 39.0M |
| Total Debt | 12.2M | 10.2M | 484,992 | 139,198 |
| Net Debt | 10.5M | -- | -- | -- |
| Share Issued | 87.3M | 65.0M | 59.9M | 58.5M |
| Ordinary Shares Number | 87.3M | 65.0M | 59.9M | 58.5M |
| Capital Lease Obligations | 186,705 | 326,192 | 484,992 | 139,198 |
| Current Capital Lease Obligation | 154,454 | 139,487 | 158,868 | 121,445 |
| Current Deferred Liabilities | 5.0M | 0.00 | -- | -- |
| Machinery Furniture Equipment | 378,809 | 348,685 | 284,128 | 174,337 |
| Non Current Note Receivables | 488,490 | 536,992 | 496,424 | 0.00 |
| Other Equity Interest | 3.0M | 3.0M | -- | -- |
| Other Properties | 198,078 | 367,859 | 622,172 | 213,399 |
| Restricted Cash | 1.1M | 2.9M | 4.2M | 2.1M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -12.0M | -21.5M | -21.3M | -10.4M |
| Cash Flow From Continuing Operating Activities | -12.0M | -21.5M | -21.3M | -10.4M |
| Depreciation And Amortization | 264,438 | 283,385 | 221,169 | 212,529 |
| Depreciation Amortization Depletion | 264,438 | 283,385 | 221,169 | 212,529 |
| Stock Based Compensation | 381,564 | 1.6M | 8.2M | 10.6M |
| Deferred Tax | 0.00 | -1.1M | 0.00 | -- |
| Deferred Income Tax | 0.00 | -1.1M | 0.00 | -- |
| Change In Working Capital | 7.6M | 1.2M | 1.3M | 2.7M |
| Changes In Account Receivables | -66,944 | 6,618 | -- | -- |
| Change In Receivables | -66,944 | 6,618 | 1.9M | 3.6M |
| Change In Payables And Accrued Expense | 750,730 | 51,510 | 1.4M | 833,435 |
| Change In Other Working Capital | 6.8M | 1.2M | -2.2M | -1.4M |
| Other Non Cash Items | 2.1M | 294,545 | 285,175 | 439,488 |
| Capital Expenditure | -140,849 | -64,558 | -109,791 | -58,760 |
| Purchase Of PPE | -140,849 | -64,558 | -109,791 | -58,760 |
| Net PPE Purchase And Sale | -140,849 | -64,558 | -109,791 | -58,760 |
| Investing Cash Flow | -3,014 | -105,126 | -606,215 | -58,760 |
| Cash Flow From Continuing Investing Activities | -3,014 | -105,126 | -606,215 | -58,760 |
| Repayment Of Debt | -156,363 | -184,651 | -124,386 | -188,738 |
| Net Issuance Payments Of Debt | -156,363 | -184,651 | -124,386 | -188,738 |
| Issuance Of Capital Stock | 3.3M | 7.0M | 0.00 | 42.0M |
| Net Common Stock Issuance | 3.3M | 7.0M | 0.00 | 42.0M |
| Financing Cash Flow | 3.2M | 20.6M | -124,386 | 45.3M |
| Cash Flow From Continuing Financing Activities | 3.2M | 20.6M | -124,386 | 45.3M |
| Effect Of Exchange Rate Changes | -120,726 | -705,906 | -1.3M | -26,421 |
| Changes In Cash | -8.8M | -945,002 | -22.0M | 34.9M |
| Beginning Cash Position | 10.5M | 12.2M | 35.5M | 620,162 |
| End Cash Position | 1.6M | 10.5M | 12.2M | 35.5M |
| Free Cash Flow | -12.2M | -21.5M | -21.4M | -10.4M |
| Amortization Cash Flow | -- | -- | -- | 196,984 |
| Amortization Of Intangibles | -- | -- | -- | 196,984 |
| Change In Prepaid Assets | 47,983 | -96,863 | 230,019 | -406,583 |
| Common Stock Issuance | 3.3M | 7.0M | 0.00 | 42.0M |
| Depreciation | 264,438 | 283,385 | 221,169 | 212,529 |
| Gain Loss On Sale Of PPE | 39,735 | 0.00 | -138,518 | -- |
| Interest Received Cfi | 89,333 | 0.00 | -- | -- |
| Long Term Debt Payments | -156,363 | -184,651 | -124,386 | -188,738 |
| Net Foreign Currency Exchange Gain Loss | -17,200 | -- | -- | -- |
| Net Income From Continuing Operations | -22.4M | -23.8M | -31.1M | -24.3M |
| Net Long Term Debt Issuance | -156,363 | -184,651 | -124,386 | -188,738 |
| Net Other Financing Charges | 1.00 | 13.8M | -- | 24.9M |
| Net Other Investing Changes | 48,502 | -40,568 | -496,424 | -- |
| Operating Gains Losses | 22,535 | -- | -138,518 | -- |
| Proceeds From Stock Option Exercised | 33,482 | 25,493 | 0.00 | 3.5M |