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 | 644,294 | 2.1M | 0.00 | 3.1M |
| Operating Revenue | 644,294 | 2.1M | 0.00 | 3.1M |
| Cost Of Revenue | 3.9M | 4.0M | 2.9M | 3.0M |
| Gross Profit | -3.3M | -1.9M | -2.9M | 133,598 |
| Selling General And Administration | 3.7M | 3.3M | 3.5M | 3.1M |
| General And Administrative Expense | 3.7M | 3.3M | 3.5M | 3.1M |
| Research And Development | 303,546 | 91,235 | 195,811 | 47,793 |
| Operating Expense | 4.0M | 3.4M | 3.7M | 3.2M |
| Operating Income | -7.3M | -5.3M | -6.7M | -3.1M |
| EBIT | -8.3M | -5.3M | -6.7M | -3.1M |
| Interest Expense | 750,611 | 160,262 | 36,220 | 37,955 |
| Interest Expense Non Operating | 750,611 | 160,262 | 36,220 | 37,955 |
| Net Interest Income | -750,611 | -160,262 | -36,220 | -37,955 |
| Other Income Expense | -1.0M | -7,824 | -13,515 | -29,585 |
| Other Non Operating Income Expenses | -296,534 | -15,852 | -28,855 | -20,988 |
| Special Income Charges | -146,279 | -15,852 | -28,855 | 0.00 |
| Gain On Sale Of Security | -574,106 | 8,028 | 15,340 | -8,597 |
| Pretax Income | -9.1M | -5.5M | -6.7M | -3.1M |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -9.1M | -5.5M | -6.7M | -3.1M |
| Net Income From Continuing Operation Net Minority Interest | -9.1M | -5.5M | -6.7M | -3.1M |
| Net Income Including Noncontrolling Interests | -9.1M | -5.5M | -6.7M | -3.1M |
| Net Income Common Stockholders | -9.1M | -5.5M | -6.7M | -3.1M |
| Net Income | -9.1M | -5.5M | -6.7M | -3.1M |
| EBITDA | -6.4M | -3.5M | -4.9M | -1.3M |
| Normalized EBITDA | -5.7M | -3.5M | -4.9M | -1.3M |
| Reconciled Depreciation | 1.9M | 1.8M | 1.8M | 1.8M |
| Basic EPS | -0.12 | -0.07 | -0.10 | -0.05 |
| Diluted EPS | -0.12 | -0.07 | -0.10 | -0.05 |
| Basic Average Shares | 78.3M | 77.6M | 65.6M | 65.1M |
| Diluted Average Shares | 78.3M | 77.6M | 65.6M | 65.1M |
| Total Unusual Items | -720,385 | -7,824 | -13,515 | -8,597 |
| Total Unusual Items Excluding Goodwill | -720,385 | -7,824 | -13,515 | -8,597 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -8.4M | -5.4M | -6.7M | -3.1M |
| Diluted NI Availto Com Stockholders | -9.1M | -5.5M | -6.7M | -3.1M |
| Gain On Sale Of Ppe | -146,279 | -15,852 | -28,855 | 0.00 |
| Net Income Continuous Operations | -9.1M | -5.5M | -6.7M | -3.1M |
| Net Non Operating Interest Income Expense | -750,611 | -160,262 | -36,220 | -37,955 |
| Other Gand A | 782,218 | 822,019 | 818,987 | 647,943 |
| Reconciled Cost Of Revenue | 3.9M | 4.0M | 2.9M | 3.0M |
| Rent Expense Supplemental | -- | -- | 404,777 | 23,229 |
| Salaries And Wages | 3.0M | 2.5M | 2.7M | 2.5M |
| Total Expenses | 8.0M | 7.4M | 6.7M | 6.2M |
| Total Other Finance Cost | -- | -- | 36,220 | 37,955 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 730,395 | 401,713 | 263,437 | 2.3M |
| Cash Cash Equivalents And Short Term Investments | 730,395 | 401,713 | 263,437 | 2.8M |
| Other Short Term Investments | -- | -- | 0.00 | 550,000 |
| Accounts Receivable | 22,210 | 1.7M | 0.00 | 806,460 |
| Receivables | 105,858 | 1.8M | 57,065 | 841,567 |
| Prepaid Assets | 274,799 | 53,673 | 36,157 | 265,436 |
| Current Assets | 1.1M | 2.3M | 356,659 | 3.9M |
| Gross PPE | 9.2M | 7.6M | 7.6M | 7.7M |
| Accumulated Depreciation | -6.1M | -6.2M | -5.5M | -4.9M |
| Net PPE | 3.1M | 1.4M | 2.1M | 2.8M |
| Goodwill And Other Intangible Assets | 9.8M | 11.5M | 13.2M | 14.9M |
| Other Intangible Assets | 9.8M | 11.5M | 13.2M | 14.9M |
| Total Non Current Assets | 12.9M | 12.9M | 15.2M | 17.7M |
| Total Assets | 14.0M | 15.2M | 15.6M | 21.6M |
| Current Debt | 4.9M | 1.8M | -- | -- |
| Current Debt And Capital Lease Obligation | 5.7M | 2.3M | 761,426 | 597,751 |
| Accounts Payable | 190,378 | 819,624 | 119,960 | 103,346 |
| Payables | 190,378 | 819,624 | 119,960 | 114,813 |
| Payables And Accrued Expenses | 1.2M | 1.8M | 1.3M | 500,625 |
| Current Accrued Expenses | 1.0M | 1.0M | 1.2M | 385,812 |
| Current Deferred Revenue | 840,768 | 0.00 | -- | 0.00 |
| Current Liabilities | 7.8M | 4.1M | 2.0M | 1.1M |
| Long Term Debt | 4.9M | 2.2M | 824,074 | 935,185 |
| Long Term Debt And Capital Lease Obligation | 6.5M | 2.5M | 1.4M | 2.3M |
| Long Term Capital Lease Obligation | 1.6M | 252,004 | 596,408 | 1.4M |
| Total Non Current Liabilities Net Minority Interest | 6.5M | 2.5M | 1.4M | 2.3M |
| Total Liabilities Net Minority Interest | 14.3M | 6.6M | 3.5M | 3.4M |
| Common Stock | 98.3M | 98.2M | 96.4M | 95.8M |
| Capital Stock | 98.3M | 98.2M | 96.4M | 95.8M |
| Additional Paid In Capital | 9.7M | 9.6M | 9.4M | 9.4M |
| Retained Earnings | -108.3M | -99.2M | -93.7M | -87.0M |
| Common Stock Equity | -262,664 | 8.5M | 12.1M | 18.2M |
| Stockholders Equity | -262,664 | 8.5M | 12.1M | 18.2M |
| Total Equity Gross Minority Interest | -262,664 | 8.5M | 12.1M | 18.2M |
| Total Capitalization | 4.6M | 10.8M | 12.9M | 19.1M |
| Net Tangible Assets | -10.0M | -2.9M | -1.1M | 3.3M |
| Tangible Book Value | -10.0M | -2.9M | -1.1M | 3.3M |
| Working Capital | -6.7M | -1.9M | -1.7M | 2.8M |
| Invested Capital | 9.5M | 12.6M | 12.9M | 19.1M |
| Total Debt | 12.2M | 4.8M | 2.2M | 2.9M |
| Net Debt | 9.0M | 3.7M | 560,637 | -- |
| Share Issued | 78.5M | 78.0M | 68.9M | 65.7M |
| Ordinary Shares Number | 78.5M | 78.0M | 68.9M | 65.7M |
| Buildings And Improvements | 2.3M | 1.7M | 1.7M | 1.8M |
| Capital Lease Obligations | 2.3M | 595,517 | 1.2M | 1.9M |
| Construction In Progress | 259,084 | 241,753 | 246,589 | 234,475 |
| Current Capital Lease Obligation | 693,607 | 343,513 | 650,315 | 532,936 |
| Current Deferred Liabilities | 840,768 | 0.00 | -- | 0.00 |
| Dueto Related Parties Current | -- | 228,199 | 162,500 | 11,467 |
| Interest Payable | 109,029 | 38,222 | 0.00 | -- |
| Leases | 523,507 | 1.1M | 1.1M | 1.1M |
| Long Term Provisions | 24,761 | 27,030 | 24,574 | 22,337 |
| Machinery Furniture Equipment | 5.1M | 3.6M | 3.6M | 3.7M |
| Non Current Prepaid Assets | 2,401 | 8,164 | 0.00 | -- |
| Other Current Borrowings | 4.9M | 1.8M | -- | -- |
| Other Properties | 958,778 | 934,675 | 902,353 | 910,431 |
| Other Receivables | 83,648 | 89,829 | 57,065 | 35,107 |
| Receivables Adjustments Allowances | 0.00 | 0.00 | 0.00 | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -4.0M | -4.8M | -2.9M | -1.0M |
| Cash Flow From Continuing Operating Activities | -4.0M | -4.8M | -2.9M | -1.0M |
| Depreciation And Amortization | 1.9M | 1.8M | 1.8M | 1.8M |
| Depreciation Amortization Depletion | 1.9M | 1.8M | 1.8M | 1.8M |
| Stock Based Compensation | 268,734 | 241,271 | 215,284 | 287,900 |
| Change In Working Capital | 1.9M | -1.3M | 1.8M | 13,717 |
| Changes In Account Receivables | 1.7M | -1.8M | 784,502 | 123,587 |
| Change In Receivables | 1.7M | -1.8M | 784,502 | 123,587 |
| Change In Payables And Accrued Expense | -438,199 | 559,351 | 741,326 | 14,375 |
| Change In Other Working Capital | 805,656 | -- | -- | -127,507 |
| Other Non Cash Items | -7,785 | -62,044 | 34,077 | 12,368 |
| Capital Expenditure | -27,029 | -32,322 | -- | -65,310 |
| Purchase Of PPE | -27,029 | -32,322 | 0.00 | 0.00 |
| Net PPE Purchase And Sale | -27,029 | -32,322 | 0.00 | 0.00 |
| Sale Of Investment | 0.00 | 0.00 | 550,000 | -- |
| Net Investment Purchase And Sale | 0.00 | 0.00 | 550,000 | -208,739 |
| Investing Cash Flow | -27,029 | -32,322 | 550,000 | -274,049 |
| Cash Flow From Continuing Investing Activities | -27,029 | -32,322 | 550,000 | -274,049 |
| Issuance Of Debt | 4.7M | 3.5M | 0.00 | 1.0M |
| Repayment Of Debt | -470,817 | -111,111 | -92,765 | -151,134 |
| Net Issuance Payments Of Debt | 4.3M | 3.3M | -92,765 | 848,866 |
| Issuance Of Capital Stock | 0.00 | 1.6M | 432,244 | 0.00 |
| Repurchase Of Capital Stock | -- | -- | -- | 0.00 |
| Net Common Stock Issuance | 0.00 | 1.6M | 432,244 | 0.00 |
| Common Stock Payments | -- | -- | -- | 0.00 |
| Financing Cash Flow | 4.3M | 5.0M | 389,217 | 875,428 |
| Cash Flow From Continuing Financing Activities | 4.3M | 5.0M | 389,217 | 875,428 |
| Effect Of Exchange Rate Changes | 19,495 | -6,569 | 369.00 | -497.00 |
| Changes In Cash | 309,187 | 144,845 | -2.0M | -431,794 |
| Beginning Cash Position | 401,713 | 263,437 | 2.3M | 2.7M |
| End Cash Position | 730,395 | 401,713 | 263,437 | 2.3M |
| Free Cash Flow | -4.0M | -4.9M | -2.9M | -1.1M |
| Income Tax Paid Supplemental Data | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Paid Supplemental Data | 548,756 | 120,952 | 35,779 | 14,284 |
| Amortization Cash Flow | 1.9M | 1.8M | 1.8M | 1.8M |
| Amortization Of Intangibles | 1.9M | 1.8M | 1.8M | 1.8M |
| Change In Prepaid Assets | -221,126 | -17,516 | 229,279 | 3,262 |
| Common Stock Issuance | 0.00 | 1.6M | 432,244 | 0.00 |
| Long Term Debt Issuance | 4.7M | 3.5M | 0.00 | 1.0M |
| Long Term Debt Payments | -470,817 | -111,111 | -92,765 | -151,134 |
| Net Foreign Currency Exchange Gain Loss | 659,257 | -25,451 | 13,956 | 157.00 |
| Net Income From Continuing Operations | -9.1M | -5.5M | -6.7M | -3.1M |
| Net Intangibles Purchase And Sale | -- | 0.00 | 0.00 | -65,310 |
| Net Long Term Debt Issuance | 4.3M | 3.3M | -92,765 | 848,866 |
| Net Other Financing Charges | -- | -- | -- | -42,697 |
| Operating Gains Losses | 794,712 | -25,451 | 25,877 | 157.00 |
| Proceeds From Stock Option Exercised | 41,620 | 36,246 | 49,738 | 69,259 |
| Purchase Of Intangibles | -- | 0.00 | 0.00 | -65,310 |
| Unrealized Gain Loss On Investment Securities | 296,534 | 0.00 | 0.00 | -- |