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 | 1.8M | 2.8M | 6.9M | 11.1M |
| General And Administrative Expense | 1.8M | 2.8M | 3.6M | 4.4M |
| Research And Development | 2.8M | 3.2M | 5.5M | 4.5M |
| Depreciation And Amortization In Income Statement | 0.00 | 242,000 | 264,000 | 272,000 |
| Other Operating Expenses | -- | -- | -- | -60,000 |
| Operating Expense | 4.6M | 6.2M | 12.7M | 15.8M |
| Operating Income | -4.6M | -6.2M | -12.7M | -15.8M |
| EBIT | -4.6M | -14.9M | -2.0M | -24.0M |
| Interest Expense | 3.0M | 1.8M | 1.6M | 727,000 |
| Interest Expense Non Operating | 3.0M | 1.8M | 1.6M | 727,000 |
| Net Interest Income | -3.1M | -1.8M | -1.7M | -853,000 |
| Other Income Expense | 45,000 | -8.7M | 10.8M | -8.1M |
| Other Non Operating Income Expenses | 126,000 | 270,000 | -- | -12.7M |
| Special Income Charges | -20,000 | 12,000 | -32,000 | -161,000 |
| Gain On Sale Of Security | -61,000 | -9.0M | 10.8M | -7.9M |
| Pretax Income | -7.6M | -16.7M | -3.6M | -24.8M |
| Tax Provision | 14,000 | 15,000 | 18,000 | 12,000 |
| Tax Effect Of Unusual Items | -12,150 | -3.6M | 2.8M | -2.1M |
| Net Income From Continuing And Discontinued Operation | -7.6M | -16.7M | -3.6M | -24.8M |
| Net Income From Continuing Operation Net Minority Interest | -7.6M | -16.7M | -3.6M | -24.8M |
| Net Income Including Noncontrolling Interests | -7.6M | -16.7M | -3.6M | -24.8M |
| Net Income Common Stockholders | -7.6M | -16.7M | -3.6M | -24.8M |
| Net Income | -7.6M | -16.7M | -3.6M | -24.8M |
| EBITDA | -4.2M | -14.2M | -953,000 | -22.9M |
| Normalized EBITDA | -4.1M | -5.2M | -11.7M | -14.9M |
| Reconciled Depreciation | 348,000 | 716,000 | 1.0M | 1.1M |
| Basic EPS | -0.03 | -0.06 | -0.01 | -0.10 |
| Diluted EPS | -0.03 | -0.06 | -0.01 | -0.10 |
| Basic Average Shares | 279.6M | 270.0M | 254.4M | 239.9M |
| Diluted Average Shares | 279.6M | 270.0M | 254.4M | 239.9M |
| Total Unusual Items | -81,000 | -9.0M | 10.8M | -8.1M |
| Total Unusual Items Excluding Goodwill | -81,000 | -9.0M | 10.8M | -8.1M |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.26 | 0.27 |
| Normalized Income | -7.6M | -11.4M | -11.6M | -18.8M |
| Depreciation Amortization Depletion Income Statement | 0.00 | 242,000 | 264,000 | 272,000 |
| Diluted NI Availto Com Stockholders | -7.6M | -16.7M | -3.6M | -24.8M |
| Net Income Continuous Operations | -7.6M | -16.7M | -3.6M | -24.8M |
| Net Non Operating Interest Income Expense | -3.1M | -1.8M | -1.7M | -853,000 |
| Other Gand A | 173,000 | 402,000 | 459,000 | 819,000 |
| Other Special Charges | 20,000 | -12,000 | 32,000 | 161,000 |
| Salaries And Wages | 1.6M | 2.4M | 3.1M | 3.6M |
| Selling And Marketing Expense | 0.00 | 4,000 | 3.4M | 6.7M |
| Total Expenses | 4.6M | 6.2M | 12.7M | 15.8M |
| Total Other Finance Cost | 16,000 | 7,000 | 37,000 | 126,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 99,000 | 5,000 | 40,000 | 6,000 |
| Cash Cash Equivalents And Short Term Investments | 99,000 | 5,000 | 40,000 | 6,000 |
| Cash Financial | 99,000 | 5,000 | 40,000 | 6,000 |
| Receivables | 241,000 | 104,000 | 323,000 | 310,000 |
| Inventory | 996,000 | 300,000 | 2.4M | 2.5M |
| Prepaid Assets | 162,000 | 149,000 | 146,000 | 167,000 |
| Other Current Assets | 40,000 | 6,000 | 8,000 | 17,000 |
| Current Assets | 1.5M | 564,000 | 2.9M | 3.0M |
| Gross PPE | -- | 1.0M | 2.8M | 3.8M |
| Accumulated Depreciation | -- | -1.0M | -2.3M | -2.7M |
| Net PPE | -- | 0.00 | 426,000 | 1.0M |
| Goodwill And Other Intangible Assets | 2.5M | 2.4M | 2.2M | 3.4M |
| Other Intangible Assets | 2.5M | 2.4M | 2.2M | 3.4M |
| Other Non Current Assets | 3.3M | 3.6M | 2.6M | 2.5M |
| Total Non Current Assets | 5.8M | 6.0M | 5.2M | 7.0M |
| Total Assets | 7.3M | 6.6M | 8.1M | 10.0M |
| Current Debt | 8.3M | 9.9M | 6.1M | 6.0M |
| Current Debt And Capital Lease Obligation | 8.3M | 9.9M | 6.5M | 6.6M |
| Accounts Payable | 16.0M | 14.5M | 14.1M | 8.7M |
| Payables | 16.0M | 14.5M | 14.1M | 8.7M |
| Payables And Accrued Expenses | 17.8M | 16.4M | 15.1M | 9.1M |
| Current Accrued Expenses | 1.8M | 1.9M | 1.0M | 383,000 |
| Other Current Liabilities | 189,000 | 577,000 | 1.1M | 1.7M |
| Current Liabilities | 26.3M | 26.9M | 22.7M | 17.4M |
| Long Term Debt | 8.1M | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 8.1M | -- | 0.00 | 442,000 |
| Long Term Capital Lease Obligation | -- | -- | 0.00 | 442,000 |
| Other Non Current Liabilities | 837,000 | 837,000 | 962,000 | 1.3M |
| Total Non Current Liabilities Net Minority Interest | 62.8M | 54.1M | 44.7M | 52.4M |
| Total Liabilities Net Minority Interest | 89.1M | 81.0M | 67.4M | 69.9M |
| Common Stock | 334.6M | 333.7M | 331.4M | 326.9M |
| Capital Stock | 334.6M | 333.7M | 331.4M | 326.9M |
| Additional Paid In Capital | 53.7M | 54.2M | 55.0M | 55.3M |
| Retained Earnings | -470.1M | -462.4M | -445.7M | -442.1M |
| Common Stock Equity | -81.7M | -74.5M | -59.3M | -59.9M |
| Stockholders Equity | -81.7M | -74.5M | -59.3M | -59.9M |
| Total Equity Gross Minority Interest | -81.7M | -74.5M | -59.3M | -59.9M |
| Total Capitalization | -73.6M | -74.5M | -59.3M | -59.9M |
| Net Tangible Assets | -84.2M | -76.8M | -61.5M | -63.3M |
| Tangible Book Value | -84.2M | -76.8M | -61.5M | -63.3M |
| Working Capital | -24.8M | -26.3M | -19.8M | -14.5M |
| Invested Capital | -65.3M | -64.6M | -53.2M | -53.9M |
| Total Debt | 16.5M | 9.9M | 6.5M | 7.0M |
| Net Debt | 16.3M | 9.9M | 6.0M | 6.0M |
| Share Issued | 281.5M | 272.4M | 265.7M | 243.2M |
| Ordinary Shares Number | 281.5M | 272.4M | 265.7M | 243.2M |
| Buildings And Improvements | -- | 42,000 | 1.8M | 2.7M |
| Capital Lease Obligations | 42,000 | 44,000 | 437,000 | 1.1M |
| Current Capital Lease Obligation | 42,000 | 44,000 | 437,000 | 632,000 |
| Current Notes Payable | 8.3M | 3.9M | 196,000 | 127,000 |
| Duefrom Related Parties Current | 193,000 | 46,000 | 147,000 | 236,000 |
| Dueto Related Parties Current | -- | 3.1M | 0.00 | -- |
| Interest Payable | 1.8M | 1.9M | 1.0M | 383,000 |
| Leases | -- | 693,000 | 693,000 | 693,000 |
| Machinery Furniture Equipment | -- | 269,000 | 275,000 | 393,000 |
| Non Current Deferred Assets | -- | -- | -- | 0.00 |
| Non Current Prepaid Assets | -- | -- | 0.00 | 56,000 |
| Other Current Borrowings | -- | 5.9M | 5.9M | 5.8M |
| Preferred Securities Outside Stock Equity | 53.8M | 53.3M | 43.7M | 50.7M |
| Properties | -- | 0.00 | 0.00 | 0.00 |
| Raw Materials | 996,000 | 300,000 | 2.4M | 2.5M |
| Taxes Receivable | 48,000 | 58,000 | 176,000 | 74,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -3.9M | -2.5M | -3.6M | -8.0M |
| Cash Flow From Continuing Operating Activities | -3.9M | -2.5M | -3.6M | -8.0M |
| Depreciation And Amortization | 348,000 | 716,000 | 1.0M | 1.1M |
| Depreciation Amortization Depletion | 348,000 | 716,000 | 1.0M | 1.1M |
| Stock Based Compensation | 304,000 | 1.2M | 2.4M | 2.6M |
| Deferred Tax | 14,000 | 15,000 | 18,000 | 12,000 |
| Deferred Income Tax | 14,000 | 15,000 | 18,000 | 12,000 |
| Change In Working Capital | 29,000 | 714,000 | 4.6M | 4.6M |
| Change In Receivables | -137,000 | 219,000 | -102,000 | 538,000 |
| Change In Inventory | -377,000 | 0.00 | -8,000 | -72,000 |
| Change In Payables And Accrued Expense | 590,000 | 496,000 | 4.7M | 3.9M |
| Change In Payable | 590,000 | 496,000 | 4.7M | 3.9M |
| Change In Other Current Assets | -34,000 | 2,000 | 9,000 | 280,000 |
| Other Non Cash Items | 3.0M | 1.6M | 1.5M | 538,000 |
| Capital Expenditure | -472,000 | -448,000 | -450,000 | -877,000 |
| Purchase Of PPE | -- | -- | -- | 0.00 |
| Net PPE Purchase And Sale | -- | -- | -- | 0.00 |
| Investing Cash Flow | -377,000 | -516,000 | -473,000 | -833,000 |
| Cash Flow From Continuing Investing Activities | -377,000 | -516,000 | -473,000 | -833,000 |
| Issuance Of Debt | 4.4M | 3.2M | 441,000 | 6.1M |
| Repayment Of Debt | 0.00 | -406,000 | -994,000 | -871,000 |
| Net Issuance Payments Of Debt | 4.4M | 2.8M | -553,000 | 5.2M |
| Issuance Of Capital Stock | 0.00 | 278,000 | 4.6M | 4.0M |
| Net Common Stock Issuance | 0.00 | 278,000 | 4.6M | 4.0M |
| Financing Cash Flow | 4.4M | 3.0M | 4.2M | 8.8M |
| Cash Flow From Continuing Financing Activities | 4.4M | 3.0M | 4.2M | 8.8M |
| Effect Of Exchange Rate Changes | -2,000 | 0.00 | -15,000 | -31,000 |
| Changes In Cash | 96,000 | -35,000 | 49,000 | -50,000 |
| Beginning Cash Position | 5,000 | 40,000 | 6,000 | 87,000 |
| End Cash Position | 99,000 | 5,000 | 40,000 | 6,000 |
| Free Cash Flow | -4.4M | -3.0M | -4.1M | -8.9M |
| Amortization Cash Flow | 348,000 | -- | -- | -- |
| Amortization Of Intangibles | 348,000 | -- | -- | -- |
| Asset Impairment Charge | 0.00 | 1.0M | 1.3M | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | -- | 0.00 |
| Change In Prepaid Assets | -13,000 | -3,000 | 77,000 | -47,000 |
| Common Stock Issuance | 0.00 | 278,000 | 4.6M | 4.0M |
| Gain Loss On Investment Securities | -388,000 | -655,000 | -3.8M | -4.9M |
| Interest Paid Cff | -16,000 | -7,000 | -- | 0.00 |
| Interest Received Cfo | 2,000 | 0.00 | -- | 0.00 |
| Long Term Debt Issuance | -- | -- | 0.00 | 6.0M |
| Long Term Debt Payments | 0.00 | -406,000 | -994,000 | -871,000 |
| Net Foreign Currency Exchange Gain Loss | -20,000 | 6,000 | -59,000 | 16,000 |
| Net Income From Continuing Operations | -7.6M | -16.7M | -3.6M | -24.8M |
| Net Intangibles Purchase And Sale | -472,000 | -448,000 | -450,000 | -877,000 |
| Net Long Term Debt Issuance | 0.00 | -406,000 | -994,000 | 5.1M |
| Net Other Financing Charges | -3,000 | -32,000 | 4,000 | -419,000 |
| Net Other Investing Changes | 95,000 | -68,000 | -23,000 | 44,000 |
| Net Short Term Debt Issuance | 4.4M | 3.2M | 441,000 | 80,000 |
| Operating Gains Losses | -408,000 | -649,000 | -3.9M | -4.9M |
| Proceeds From Stock Option Exercised | -- | 0.00 | 92,000 | 0.00 |
| Purchase Of Intangibles | -472,000 | -448,000 | -450,000 | -877,000 |
| Short Term Debt Issuance | 4.4M | 3.2M | 441,000 | 80,000 |
| Taxes Refund Paid | -- | 0.00 | -11,000 | -9,000 |
| Unrealized Gain Loss On Investment Securities | 500,000 | 9.6M | -7.0M | 12.7M |