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 |
| Cost Of Revenue | -- | -- | -- | 28,861 |
| Gross Profit | -- | -- | -- | -28,861 |
| Selling General And Administration | 2.2M | 2.0M | 2.6M | 2.3M |
| General And Administrative Expense | 2.2M | 2.0M | 2.6M | 2.3M |
| Other Operating Expenses | 4.8M | 12.8M | 20.2M | 12.1M |
| Operating Expense | 7.0M | 14.8M | 22.7M | 14.4M |
| Operating Income | -7.0M | -14.8M | -22.7M | -14.4M |
| EBIT | -7.0M | -14.8M | -22.7M | -14.4M |
| Interest Income | 401,597 | 939,506 | 706,323 | 49,880 |
| Interest Income Non Operating | 401,597 | 939,506 | 706,323 | 49,880 |
| Net Interest Income | 401,597 | 939,506 | 706,323 | 49,880 |
| Other Income Expense | 342,361 | -382,259 | 8.2M | 4.3M |
| Other Non Operating Income Expenses | 119,643 | -4.0M | -- | -- |
| Special Income Charges | -125,000 | -4.0M | 15,531 | 0.00 |
| Gain On Sale Of Security | 347,718 | 3.6M | 8.2M | 4.3M |
| Pretax Income | -6.2M | -14.2M | -13.8M | -10.0M |
| Tax Provision | -- | 0.00 | 44,053 | 108,876 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 2.2M | 1.1M |
| Net Income From Continuing And Discontinued Operation | -6.2M | -14.2M | -13.8M | -10.1M |
| Net Income From Continuing Operation Net Minority Interest | -6.2M | -14.2M | -13.8M | -10.1M |
| Net Income Including Noncontrolling Interests | -6.2M | -14.2M | -13.8M | -10.1M |
| Net Income Common Stockholders | -6.2M | -14.2M | -13.8M | -10.1M |
| Net Income | -6.2M | -14.2M | -13.8M | -10.1M |
| EBITDA | -6.9M | -14.7M | -22.6M | -14.3M |
| Normalized EBITDA | -7.1M | -14.3M | -30.9M | -18.7M |
| Reconciled Depreciation | 105,018 | 104,819 | 80,550 | 46,597 |
| Basic EPS | -0.04 | -0.05 | -0.05 | -0.04 |
| Diluted EPS | -0.04 | -0.05 | -0.05 | -0.04 |
| Basic Average Shares | 286.9M | 286.5M | 281.5M | 256.1M |
| Diluted Average Shares | 286.9M | 286.5M | 281.5M | 256.1M |
| Total Unusual Items | 222,718 | -382,259 | 8.2M | 4.3M |
| Total Unusual Items Excluding Goodwill | 222,718 | -382,259 | 8.2M | 4.3M |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.26 | 0.27 |
| Normalized Income | -6.5M | -13.8M | -19.9M | -13.3M |
| Diluted NI Availto Com Stockholders | -6.2M | -14.2M | -13.8M | -10.1M |
| Gain On Sale Of Ppe | -- | 0.00 | 15,531 | 0.00 |
| Impairment Of Capital Assets | 125,000 | 4.0M | 0.00 | 0.00 |
| Insurance And Claims | -- | -- | -- | 202,428 |
| Net Income Continuous Operations | -6.2M | -14.2M | -13.8M | -10.1M |
| Net Income Discontinuous Operations | -- | -- | -- | 0.00 |
| Net Non Operating Interest Income Expense | 401,597 | 939,506 | 706,323 | 49,880 |
| Other Gand A | 2.1M | 1.9M | 2.2M | 1.8M |
| Reconciled Cost Of Revenue | -- | -- | -- | 28,861 |
| Rent And Landing Fees | -- | -- | -- | 17,283 |
| Rent Expense Supplemental | -- | -- | -- | 17,283 |
| Salaries And Wages | 106,180 | 144,300 | 312,525 | 493,000 |
| Total Expenses | 7.0M | 14.8M | 22.7M | 14.4M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 9.1M | 12.0M | 17.2M | 22.8M |
| Cash Cash Equivalents And Short Term Investments | 9.1M | 12.0M | 17.2M | 23.8M |
| Cash Equivalents | 40,000 | 40,000 | 40,000 | 40,000 |
| Cash Financial | 9.1M | 12.0M | 17.1M | 22.7M |
| Other Short Term Investments | -- | -- | 0.00 | 1.1M |
| Accounts Receivable | 71,394 | 0.00 | -- | 0.00 |
| Receivables | 110,708 | 15,512 | 21,981 | 30,393 |
| Prepaid Assets | 418,007 | 130,221 | 125,803 | 76,976 |
| Current Assets | 9.6M | 12.2M | 17.3M | 23.9M |
| Gross PPE | 2.8M | 2.2M | 5.7M | 4.7M |
| Accumulated Depreciation | -389,413 | -268,764 | -166,322 | -94,103 |
| Net PPE | 2.4M | 1.9M | 5.5M | 4.6M |
| Total Non Current Assets | 2.4M | 1.9M | 5.5M | 4.6M |
| Total Assets | 12.0M | 14.1M | 22.8M | 28.5M |
| Current Debt And Capital Lease Obligation | 26,810 | 31,228 | 30,238 | 29,275 |
| Accounts Payable | 218,030 | 220,509 | 353,445 | 553,477 |
| Payables | 218,030 | 220,509 | 353,445 | 655,368 |
| Payables And Accrued Expenses | 707,701 | 587,745 | 1.0M | 1.2M |
| Current Accrued Expenses | 489,671 | 367,236 | 650,627 | 496,477 |
| Current Deferred Revenue | 18.7M | 13.6M | 0.00 | -- |
| Current Liabilities | 19.4M | 14.2M | 1.0M | 1.2M |
| Long Term Debt And Capital Lease Obligation | -- | 26,810 | 58,038 | 88,276 |
| Long Term Capital Lease Obligation | 0.00 | 26,810 | 58,038 | 88,276 |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 26,810 | 8.2M | 1.9M |
| Total Liabilities Net Minority Interest | 19.4M | 14.3M | 9.2M | 3.1M |
| Common Stock | 55.2M | 55.1M | 55.1M | 53.1M |
| Capital Stock | 55.2M | 55.1M | 55.1M | 53.1M |
| Additional Paid In Capital | 5.2M | 5.1M | 4.9M | 4.8M |
| Retained Earnings | -65.9M | -59.6M | -45.4M | -31.6M |
| Gains Losses Not Affecting Retained Earnings | -1.9M | -748,422 | -1.0M | -949,959 |
| Other Equity Adjustments | -1.9M | -748,422 | -1.0M | -949,959 |
| Common Stock Equity | -7.4M | -177,258 | 13.6M | 25.4M |
| Stockholders Equity | -7.4M | -177,258 | 13.6M | 25.4M |
| Total Equity Gross Minority Interest | -7.4M | -177,258 | 13.6M | 25.4M |
| Total Capitalization | -7.4M | -177,258 | 13.6M | 25.4M |
| Net Tangible Assets | -7.4M | -177,258 | 13.6M | 25.4M |
| Tangible Book Value | -7.4M | -177,258 | 13.6M | 25.4M |
| Working Capital | -9.8M | -2.1M | 16.3M | 22.7M |
| Invested Capital | -7.4M | -177,258 | 13.6M | 25.4M |
| Total Debt | 26,810 | 58,038 | 88,276 | 117,551 |
| Share Issued | 287.5M | 286.6M | 286.4M | 277.1M |
| Ordinary Shares Number | 287.5M | 286.6M | 286.4M | 277.1M |
| Capital Lease Obligations | 26,810 | 58,038 | 88,276 | 117,551 |
| Current Capital Lease Obligation | 26,810 | 31,228 | 30,238 | 29,275 |
| Current Deferred Liabilities | 18.7M | 13.6M | 0.00 | -- |
| Income Tax Payable | -- | -- | 0.00 | 101,891 |
| Machinery Furniture Equipment | -- | -- | 370,320 | 294,381 |
| Non Current Deferred Liabilities | -- | 0.00 | 8.1M | 1.8M |
| Non Current Deferred Revenue | -- | 0.00 | 8.1M | 1.8M |
| Other Properties | 2.8M | 2.2M | 5.7M | 4.4M |
| Taxes Receivable | 39,314 | 15,512 | 21,981 | 30,393 |
| Total Tax Payable | -- | -- | 0.00 | 101,891 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -6.2M | -10.4M | -13.6M | -9.8M |
| Cash Flow From Continuing Operating Activities | -6.2M | -10.4M | -13.6M | -9.8M |
| Depreciation And Amortization | 105,018 | 104,819 | 80,550 | 46,597 |
| Depreciation Amortization Depletion | 105,018 | 104,819 | 80,550 | 46,597 |
| Stock Based Compensation | 106,180 | 144,300 | 312,525 | 493,000 |
| Deferred Tax | 511,111 | 1.9M | 3.3M | 1.9M |
| Deferred Income Tax | 511,111 | 1.9M | 3.3M | 1.9M |
| Change In Working Capital | -654,494 | -2.3M | -3.4M | -2.1M |
| Change In Receivables | -606,307 | -1.9M | -3.2M | -1.7M |
| Change In Payables And Accrued Expense | 239,599 | -416,327 | -147,773 | -300,700 |
| Change In Payable | 239,599 | -416,327 | -147,773 | -300,700 |
| Other Non Cash Items | -119,643 | -- | -- | -49,880 |
| Capital Expenditure | -482,942 | -554,914 | -701,208 | -567,657 |
| Purchase Of PPE | -482,942 | -554,914 | -701,208 | -567,657 |
| Net PPE Purchase And Sale | 3.2M | 5.0M | 5.2M | 1.3M |
| Sale Of Investment | -- | 0.00 | 974,675 | 1.5M |
| Net Investment Purchase And Sale | -- | 0.00 | 974,675 | 1.5M |
| Investing Cash Flow | 3.2M | 5.0M | 6.2M | 2.8M |
| Cash Flow From Continuing Investing Activities | 3.2M | 5.0M | 6.2M | 2.8M |
| Repayment Of Debt | -31,228 | -30,238 | -29,275 | -26,968 |
| Net Issuance Payments Of Debt | -31,228 | -30,238 | -29,275 | -26,968 |
| Issuance Of Capital Stock | -- | -- | 0.00 | 12.5M |
| Net Common Stock Issuance | -- | -- | 0.00 | 12.5M |
| Financing Cash Flow | -31,228 | -30,238 | 1.7M | 12.7M |
| Cash Flow From Continuing Financing Activities | -31,228 | -30,238 | 1.7M | 12.7M |
| Effect Of Exchange Rate Changes | 56,286 | 336,196 | 159,028 | -13,871 |
| Changes In Cash | -3.0M | -5.5M | -5.8M | 5.7M |
| Beginning Cash Position | 12.0M | 17.2M | 22.8M | 17.1M |
| End Cash Position | 9.1M | 12.0M | 17.2M | 22.8M |
| Free Cash Flow | -6.7M | -10.9M | -14.3M | -10.4M |
| Asset Impairment Charge | 125,000 | 4.0M | 0.00 | 0.00 |
| Change In Account Payable | 239,599 | -416,327 | -45,882 | 417,015 |
| Change In Income Tax Payable | -- | 0.00 | -101,891 | -717,715 |
| Change In Prepaid Assets | -287,786 | -4,418 | -48,827 | -35,893 |
| Change In Tax Payable | -- | 0.00 | -101,891 | -717,715 |
| Common Stock Issuance | -- | -- | 0.00 | 12.5M |
| Depreciation | 105,018 | 104,819 | 80,550 | 46,597 |
| Gain Loss On Sale Of PPE | -- | 0.00 | -15,531 | 0.00 |
| Interest Received Cfi | -- | -- | -- | 49,880 |
| Long Term Debt Payments | -31,228 | -30,238 | -29,275 | -26,968 |
| Net Income From Continuing Operations | -6.2M | -14.2M | -13.8M | -10.1M |
| Net Long Term Debt Issuance | -31,228 | -30,238 | -29,275 | -26,968 |
| Net Other Financing Charges | -- | -- | -- | -952,583 |
| Net Other Investing Changes | -- | -- | -- | 49,880 |
| Operating Gains Losses | -- | -- | -15,531 | -- |
| Proceeds From Stock Option Exercised | -- | 0.00 | 1.7M | 1.2M |
| Provisionand Write Offof Assets | -- | -- | -- | 1.9M |
| Sale Of PPE | 3.7M | 5.5M | 5.9M | 1.8M |