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 | 1.7M | 189,976 | 0.00 | 0.00 |
| Operating Revenue | 1.7M | 189,976 | 0.00 | 0.00 |
| Cost Of Revenue | 1.8M | 1.3M | 374,929 | 45,104 |
| Gross Profit | -127,627 | -1.2M | -374,929 | -45,104 |
| Selling General And Administration | 4.2M | 2.3M | 2.0M | 6.7M |
| General And Administrative Expense | 4.1M | 2.2M | 1.9M | 6.7M |
| Research And Development | 1.1M | 1.2M | 1.6M | 972,178 |
| Depreciation And Amortization In Income Statement | 215,177 | 109,804 | 32,642 | 18,112 |
| Other Operating Expenses | -- | -- | -- | -307,307 |
| Operating Expense | 5.5M | 3.7M | 3.6M | 7.1M |
| Operating Income | -5.7M | -4.8M | -4.0M | -7.1M |
| EBIT | -5.5M | -4.7M | -3.9M | -7.1M |
| Interest Expense | 145,273 | 20,370 | 0.00 | -- |
| Interest Expense Non Operating | 145,273 | 20,370 | 0.00 | -- |
| Interest Income | 32,802 | 58,049 | 58,652 | 2,381 |
| Interest Income Non Operating | 32,802 | 58,049 | 58,652 | 2,381 |
| Net Interest Income | -112,471 | 37,679 | 58,652 | 2,381 |
| Other Income Expense | 112,187 | 17,190 | -34,408 | -663,446 |
| Other Non Operating Income Expenses | -- | -- | -- | 330,000 |
| Special Income Charges | -183,287 | 0.00 | 0.00 | -664,451 |
| Restructuring And Mergern Acquisition | -- | -- | 0.00 | 676,255 |
| Gain On Sale Of Security | 295,474 | 17,190 | -34,408 | 1,005 |
| Pretax Income | -5.7M | -4.8M | -3.9M | -7.8M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -5.7M | -4.8M | -3.9M | -7.8M |
| Net Income From Continuing Operation Net Minority Interest | -5.7M | -4.8M | -3.9M | -7.8M |
| Net Income Including Noncontrolling Interests | -5.7M | -4.8M | -3.9M | -7.8M |
| Net Income Common Stockholders | -5.7M | -4.8M | -3.9M | -7.8M |
| Net Income | -5.7M | -4.8M | -3.9M | -7.8M |
| EBITDA | -5.3M | -4.6M | -3.9M | -7.1M |
| Normalized EBITDA | -5.4M | -4.7M | -3.9M | -6.5M |
| Reconciled Depreciation | 215,177 | 109,803 | 32,642 | 18,112 |
| Basic EPS | -0.05 | -0.06 | -0.05 | -0.12 |
| Diluted EPS | -0.05 | -0.06 | -0.05 | -0.12 |
| Basic Average Shares | 101.7M | 82.4M | 82.4M | 82.4M |
| Diluted Average Shares | 101.7M | 82.4M | 82.4M | 82.4M |
| Total Unusual Items | 112,187 | 17,190 | -34,408 | -663,446 |
| Total Unusual Items Excluding Goodwill | 112,187 | 17,190 | -34,408 | -663,446 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -5.8M | -4.8M | -3.9M | -7.1M |
| Depreciation Amortization Depletion Income Statement | 215,177 | 109,804 | 32,642 | 18,112 |
| Depreciation Income Statement | 215,177 | 109,804 | 32,642 | 18,112 |
| Diluted NI Availto Com Stockholders | -5.7M | -4.8M | -3.9M | -7.8M |
| Net Income Continuous Operations | -5.7M | -4.8M | -3.9M | -7.8M |
| Net Non Operating Interest Income Expense | -112,471 | 37,679 | 58,652 | 2,381 |
| Other Gand A | 2.1M | 1.9M | 1.2M | 6.3M |
| Other Special Charges | 183,287 | -- | -- | -11,804 |
| Other Taxes | 0.00 | 5,325 | 0.00 | -330,000 |
| Reconciled Cost Of Revenue | 1.8M | 1.3M | 374,929 | 45,104 |
| Salaries And Wages | 2.0M | 332,488 | 738,000 | 402,885 |
| Selling And Marketing Expense | 86,799 | 94,171 | 24,724 | 15,873 |
| Total Expenses | 7.3M | 5.0M | 4.0M | 7.1M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 6.9M | 287,832 | 4.6M | 9.3M |
| Cash Cash Equivalents And Short Term Investments | 6.9M | 287,832 | 4.6M | 9.3M |
| Accounts Receivable | 1.7M | 146,400 | 6,777 | 82,661 |
| Receivables | 1.7M | 164,091 | 623,977 | 412,661 |
| Inventory | 2.3M | 3.4M | 1.7M | 529,331 |
| Prepaid Assets | 82,458 | 83,011 | 323,615 | 6,840 |
| Current Assets | 11.1M | 4.0M | 7.2M | 10.2M |
| Gross PPE | 1.6M | 1.0M | 646,507 | 495,392 |
| Accumulated Depreciation | -813,011 | -597,834 | -488,030 | -455,388 |
| Net PPE | 758,488 | 418,961 | 158,477 | 40,004 |
| Total Non Current Assets | 758,488 | 418,961 | 158,477 | 40,004 |
| Total Assets | 11.8M | 4.4M | 7.4M | 10.3M |
| Current Debt | -- | 454,849 | -- | -- |
| Current Debt And Capital Lease Obligation | 150,584 | 482,736 | -- | -- |
| Accounts Payable | 179,139 | 1.8M | 916,156 | 607,440 |
| Payables | 179,139 | 1.8M | 916,156 | 607,440 |
| Payables And Accrued Expenses | 179,139 | 1.8M | 916,156 | 607,440 |
| Other Current Liabilities | -- | 59,649 | -- | -- |
| Current Liabilities | 329,723 | 2.3M | 916,156 | 607,440 |
| Long Term Debt | -- | -- | 38,196 | 38,196 |
| Long Term Debt And Capital Lease Obligation | 284,403 | 37,667 | 38,196 | 38,196 |
| Long Term Capital Lease Obligation | 284,403 | 37,667 | 0.00 | -- |
| Total Non Current Liabilities Net Minority Interest | 284,403 | 37,667 | 38,196 | 38,196 |
| Total Liabilities Net Minority Interest | 614,126 | 2.4M | 954,352 | 645,636 |
| Common Stock | 39.0M | 26.5M | 26.5M | 26.5M |
| Capital Stock | 39.0M | 26.5M | 26.5M | 26.5M |
| Additional Paid In Capital | 8.5M | 6.6M | 2.3M | 1.6M |
| Retained Earnings | -36.7M | -31.0M | -26.3M | -22.3M |
| Common Stock Equity | 11.2M | 2.0M | 6.5M | 9.6M |
| Stockholders Equity | 11.2M | 2.0M | 6.5M | 9.6M |
| Total Equity Gross Minority Interest | 11.2M | 2.0M | 6.5M | 9.6M |
| Total Capitalization | 11.2M | 2.0M | 6.5M | 9.7M |
| Net Tangible Assets | 11.2M | 2.0M | 6.5M | 9.6M |
| Tangible Book Value | 11.2M | 2.0M | 6.5M | 9.6M |
| Working Capital | 10.7M | 1.6M | 6.3M | 9.6M |
| Invested Capital | 11.2M | 2.5M | 6.5M | 9.7M |
| Total Debt | 434,987 | 520,403 | 38,196 | 38,196 |
| Net Debt | -- | 167,017 | -- | -- |
| Share Issued | 116.9M | 82.4M | 82.4M | 82.4M |
| Ordinary Shares Number | 116.9M | 82.4M | 82.4M | 82.4M |
| Capital Lease Obligations | 434,987 | 65,554 | 0.00 | -- |
| Current Capital Lease Obligation | 150,584 | 27,887 | 0.00 | -- |
| Finished Goods | 203,837 | 1.7M | 153,262 | 155,932 |
| Inventories Adjustments Allowances | -180,652 | -248,770 | -246,938 | -15,403 |
| Leases | 23,154 | 23,154 | 23,154 | 0.00 |
| Machinery Furniture Equipment | 151,990 | 123,021 | 106,911 | 89,454 |
| Other Current Borrowings | -- | 454,849 | -- | -- |
| Other Equity Interest | 458,605 | -- | 3.9M | 3.9M |
| Other Payable | -- | 454,849 | -- | -- |
| Other Properties | 1.4M | 870,620 | 516,442 | 405,938 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 2.3M | 2.0M | 1.8M | 388,802 |
| Taxes Receivable | 61,235 | 17,691 | 617,200 | 330,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -5.2M | -4.5M | -4.6M | -906,145 |
| Cash Flow From Continuing Operating Activities | -5.2M | -4.5M | -4.6M | -906,145 |
| Depreciation And Amortization | 215,177 | 109,803 | 32,642 | 18,112 |
| Depreciation Amortization Depletion | 215,177 | 109,803 | 32,642 | 18,112 |
| Stock Based Compensation | 2.0M | 332,488 | 738,000 | 6.1M |
| Change In Working Capital | -2.1M | -146,195 | -1.4M | 133,558 |
| Changes In Account Receivables | -1.6M | 129,886 | -211,316 | -64,888 |
| Change In Receivables | -1.6M | 459,886 | -211,316 | -20,023 |
| Change In Inventory | 1.1M | -1.7M | -1.2M | -351,733 |
| Change In Payables And Accrued Expense | -1.6M | 879,616 | 308,716 | 505,314 |
| Other Non Cash Items | 328,560 | 20,369 | -- | 676,255 |
| Capital Expenditure | -101,680 | -294,179 | -151,115 | -36,045 |
| Purchase Of PPE | -101,680 | -294,179 | -151,115 | -36,045 |
| Net PPE Purchase And Sale | -101,680 | -294,179 | -151,115 | -36,045 |
| Sale Of Business | -- | -- | 0.00 | 165,726 |
| Investing Cash Flow | -101,680 | -294,179 | -151,115 | 129,681 |
| Cash Flow From Continuing Investing Activities | -101,680 | -294,179 | -151,115 | 129,681 |
| Issuance Of Debt | 168,750 | 500,000 | 0.00 | 20,000 |
| Repayment Of Debt | -125,628 | -54,621 | 0.00 | -- |
| Net Issuance Payments Of Debt | 43,122 | 445,379 | 0.00 | 20,000 |
| Issuance Of Capital Stock | 12.3M | 0.00 | 0.00 | 10.0M |
| Net Common Stock Issuance | 12.3M | 0.00 | 0.00 | 10.0M |
| Financing Cash Flow | 12.0M | 445,379 | 0.00 | 8.7M |
| Cash Flow From Continuing Financing Activities | 12.0M | 445,379 | 0.00 | 8.7M |
| Changes In Cash | 6.7M | -4.3M | -4.7M | 8.0M |
| Beginning Cash Position | 287,832 | 4.6M | 9.3M | 1.3M |
| End Cash Position | 6.9M | 287,832 | 4.6M | 9.3M |
| Free Cash Flow | -5.3M | -4.7M | -4.7M | -942,190 |
| Change In Prepaid Assets | 553.00 | 240,604 | -316,775 | 0.00 |
| Common Stock Issuance | 12.3M | 0.00 | 0.00 | 10.0M |
| Depreciation | 215,177 | 109,803 | 32,642 | 18,112 |
| Long Term Debt Issuance | 168,750 | 500,000 | 0.00 | 20,000 |
| Long Term Debt Payments | -125,628 | -54,621 | 0.00 | -- |
| Net Business Purchase And Sale | -- | -- | 0.00 | 165,726 |
| Net Income From Continuing Operations | -5.7M | -4.8M | -3.9M | -7.8M |
| Net Long Term Debt Issuance | 43,122 | 445,379 | 0.00 | 20,000 |
| Net Other Financing Charges | -904,658 | -- | -- | -1.3M |
| Operating Gains Losses | -- | -- | -- | -11,804 |
| Proceeds From Stock Option Exercised | 482,000 | 0.00 | -- | 0.00 |