Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2021Sep 30, 2021 |
|---|---|---|---|
| Total Revenue | 65.6M | 65.5M | 38.7M |
| Operating Revenue | 65.6M | 65.5M | 38.7M |
| Cost Of Revenue | 27.1M | 26.0M | 10.7M |
| Gross Profit | 38.5M | 39.5M | 28.0M |
| Selling General And Administration | 20.4M | 19.5M | 11.7M |
| General And Administrative Expense | 13.4M | 13.5M | 10.8M |
| Research And Development | 4.3M | 4.2M | 1.9M |
| Depreciation And Amortization In Income Statement | 10.6M | 10.1M | 6.7M |
| Operating Expense | 35.3M | 33.8M | 20.3M |
| Operating Income | 3.3M | 5.7M | 7.7M |
| EBIT | 449,000 | 3.5M | 6.5M |
| Interest Expense | 1.5M | 1.9M | 247,000 |
| Interest Expense Non Operating | 1.5M | 1.9M | 247,000 |
| Interest Income | -- | 3,000 | 15,000 |
| Interest Income Non Operating | -- | 3,000 | 15,000 |
| Net Interest Income | -1.5M | -1.9M | -232,000 |
| Other Income Expense | -3.1M | -2.2M | -1.2M |
| Special Income Charges | -3.1M | -2.1M | -1.1M |
| Restructuring And Mergern Acquisition | 2.9M | 2.1M | 1.1M |
| Gain On Sale Of Security | -14,000 | -99,000 | -94,000 |
| Pretax Income | -1.1M | 1.5M | 6.3M |
| Tax Provision | -346,000 | 444,000 | 1.9M |
| Tax Effect Of Unusual Items | -991,243 | -636,381 | -363,256 |
| Net Income From Continuing And Discontinued Operation | -727,000 | 1.1M | 4.4M |
| Net Income From Continuing Operation Net Minority Interest | -727,000 | 1.1M | 4.4M |
| Net Income Including Noncontrolling Interests | -727,000 | 1.1M | 4.4M |
| Net Income Common Stockholders | -727,000 | 1.1M | 4.4M |
| Net Income | -727,000 | 1.1M | 4.4M |
| EBITDA | 11.1M | 13.6M | 13.3M |
| Normalized EBITDA | 14.1M | 15.8M | 14.5M |
| Reconciled Depreciation | 10.6M | 10.1M | 6.8M |
| Basic EPS | -0.03 | 0.05 | 0.18 |
| Diluted EPS | -0.03 | 0.05 | 0.18 |
| Basic Average Shares | 23.4M | 23.6M | 23.8M |
| Diluted Average Shares | 23.5M | 23.7M | 24.1M |
| Total Unusual Items | -3.1M | -2.2M | -1.2M |
| Total Unusual Items Excluding Goodwill | -3.1M | -2.2M | -1.2M |
| Tax Rate For Calcs | 0.32 | 0.29 | 0.30 |
| Normalized Income | 1.4M | 2.7M | 5.2M |
| Amortization | -- | 9.9M | 6.6M |
| Amortization Of Intangibles Income Statement | -- | 9.9M | 6.6M |
| Depreciation Amortization Depletion Income Statement | 10.6M | 10.1M | 6.7M |
| Depreciation Income Statement | -- | 198,000 | 61,000 |
| Diluted NI Availto Com Stockholders | -727,000 | 1.1M | 4.4M |
| Gain On Sale Of Ppe | -130,000 | 0.00 | -- |
| Net Income Continuous Operations | -727,000 | 1.1M | 4.4M |
| Net Non Operating Interest Income Expense | -1.5M | -1.9M | -232,000 |
| Other Gand A | 11.1M | 12.0M | 8.0M |
| Reconciled Cost Of Revenue | 27.1M | 26.0M | 10.6M |
| Salaries And Wages | 2.3M | 1.4M | 2.8M |
| Selling And Marketing Expense | 7.0M | 6.0M | 904,000 |
| Total Expenses | 62.3M | 59.8M | 31.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2021Sep 30, 2021 |
|---|---|---|---|
| Cash And Cash Equivalents | 13.3M | 11.6M | 29.6M |
| Cash Cash Equivalents And Short Term Investments | 13.3M | 11.6M | 29.6M |
| Cash Equivalents | -- | -- | 9.9M |
| Cash Financial | -- | 11.6M | 19.7M |
| Accounts Receivable | 9.7M | 9.5M | 1.9M |
| Receivables | 10.6M | 10.9M | 2.0M |
| Inventory | -- | 248,000 | 218,000 |
| Prepaid Assets | -- | 3.6M | 1.8M |
| Other Current Assets | 3.1M | -- | -- |
| Current Assets | 27.7M | 26.3M | 33.6M |
| Gross PPE | -- | 3.6M | 3.4M |
| Accumulated Depreciation | -- | -2.2M | -1.8M |
| Net PPE | 512,000 | 1.4M | 1.6M |
| Goodwill | 27.4M | 26.2M | 21.3M |
| Goodwill And Other Intangible Assets | 69.7M | 68.9M | 62.9M |
| Other Intangible Assets | 42.4M | 42.7M | 41.6M |
| Total Non Current Assets | 70.2M | 70.3M | 64.5M |
| Total Assets | 97.9M | 96.6M | 98.0M |
| Current Debt | -- | 17.2M | 18.2M |
| Current Debt And Capital Lease Obligation | 156,000 | 17.5M | 18.5M |
| Accounts Payable | 2.1M | 1.9M | 630,000 |
| Payables | 5.8M | 3.5M | 3.0M |
| Payables And Accrued Expenses | 7.0M | 4.2M | 3.5M |
| Current Accrued Expenses | 1.3M | 694,000 | 484,000 |
| Current Deferred Revenue | 23.0M | 24.3M | 17.5M |
| Other Current Liabilities | 3.9M | 2.4M | 368,000 |
| Current Liabilities | 34.3M | 48.7M | 39.8M |
| Long Term Debt | 19.2M | -- | -- |
| Long Term Debt And Capital Lease Obligation | 19.2M | 243,000 | 570,000 |
| Long Term Capital Lease Obligation | -- | 243,000 | 570,000 |
| Other Non Current Liabilities | 1.4M | 2.2M | 993,000 |
| Total Non Current Liabilities Net Minority Interest | 26.0M | 10.3M | 11.6M |
| Total Liabilities Net Minority Interest | 60.3M | 59.0M | 51.3M |
| Common Stock | 81.2M | 81.0M | 82.4M |
| Capital Stock | 81.2M | 81.0M | 82.4M |
| Additional Paid In Capital | 5.7M | 5.8M | 4.5M |
| Retained Earnings | -53.3M | -50.7M | -40.1M |
| Gains Losses Not Affecting Retained Earnings | 3.9M | 1.5M | -32,000 |
| Common Stock Equity | 37.6M | 37.6M | 46.7M |
| Stockholders Equity | 37.6M | 37.6M | 46.7M |
| Total Equity Gross Minority Interest | 37.6M | 37.6M | 46.7M |
| Total Capitalization | 56.7M | 37.6M | 46.7M |
| Net Tangible Assets | -32.2M | -31.3M | -16.2M |
| Tangible Book Value | -32.2M | -31.3M | -16.2M |
| Working Capital | -6.6M | -22.4M | -6.2M |
| Invested Capital | 56.7M | 54.8M | 64.9M |
| Total Debt | 19.3M | 17.7M | 19.0M |
| Net Debt | 5.9M | 5.6M | -- |
| Share Issued | 23.4M | 23.5M | 23.9M |
| Ordinary Shares Number | 23.4M | 23.5M | 23.9M |
| Allowance For Doubtful Accounts Receivable | -148,000 | -252,000 | -83,000 |
| Buildings And Improvements | -- | 730,000 | 700,000 |
| Capital Lease Obligations | 156,000 | 532,000 | 822,000 |
| Current Capital Lease Obligation | 156,000 | 289,000 | 252,000 |
| Current Deferred Assets | 666,000 | -- | -- |
| Current Deferred Liabilities | 23.0M | 24.3M | 17.5M |
| Employee Benefits | -- | 0.00 | 0.00 |
| Foreign Currency Translation Adjustments | 3.9M | 1.5M | -32,000 |
| Gross Accounts Receivable | 9.8M | 9.8M | 2.0M |
| Income Tax Payable | 460,000 | 0.00 | 0.00 |
| Leases | -- | 565,000 | 534,000 |
| Line Of Credit | 0.00 | 17.2M | 18.2M |
| Machinery Furniture Equipment | -- | 1.8M | 1.4M |
| Non Current Deferred Liabilities | 5.3M | 7.8M | 10.0M |
| Non Current Deferred Revenue | 2.0M | -- | -- |
| Non Current Deferred Taxes Liabilities | 3.3M | 7.6M | 10.0M |
| Non Current Pension And Other Postretirement Benefit Plans | -- | 0.00 | 0.00 |
| Other Payable | 3.0M | 1.2M | 2.3M |
| Other Properties | -- | 475,000 | 796,000 |
| Other Receivables | 927,000 | 926,000 | 80,000 |
| Pensionand Other Post Retirement Benefit Plans Current | 209,000 | 379,000 | -- |
| Properties | -- | 0.00 | 0.00 |
| Taxes Receivable | 0.00 | 412,000 | 33,000 |
| Total Tax Payable | 611,000 | 286,000 | 49,000 |
| Tradeand Other Payables Non Current | 190,000 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2021Sep 30, 2021 |
|---|---|---|---|
| Operating Cash Flow | 12.2M | 12.2M | 18.8M |
| Cash Flow From Continuing Operating Activities | 12.2M | 12.2M | 18.8M |
| Depreciation And Amortization | 10.6M | 10.1M | 6.8M |
| Depreciation Amortization Depletion | 10.6M | 10.1M | 6.8M |
| Stock Based Compensation | 2.3M | 1.4M | 2.8M |
| Change In Working Capital | 3.8M | 3.5M | 4.8M |
| Changes In Account Receivables | -- | -1.0M | 195,000 |
| Change In Receivables | -521,000 | -1.0M | 1.6M |
| Change In Inventory | -- | -38,000 | 50,000 |
| Change In Payables And Accrued Expense | 5.6M | 5.6M | -2.4M |
| Change In Payable | 5.6M | 5.6M | -2.4M |
| Change In Other Working Capital | -3.4M | -1.9M | 5.7M |
| Change In Other Current Liabilities | 1.9M | 1.7M | -- |
| Other Non Cash Items | 28,000 | 43,000 | 34,000 |
| Capital Expenditure | -5.7M | -5.2M | -835,000 |
| Purchase Of PPE | -65,000 | -150,000 | -88,000 |
| Net PPE Purchase And Sale | 718,000 | -150,000 | -88,000 |
| Purchase Of Business | -4.1M | -404,000 | -37.6M |
| Sale Of Business | 90,000 | 0.00 | -- |
| Investing Cash Flow | -8.9M | -5.6M | -38.4M |
| Cash Flow From Continuing Investing Activities | -8.9M | -5.6M | -38.4M |
| Repayment Of Debt | -346,000 | -407,000 | -387,000 |
| Net Issuance Payments Of Debt | 1.5M | -4.4M | 18.6M |
| Issuance Of Capital Stock | -- | 0.00 | 2.6M |
| Repurchase Of Capital Stock | -1.4M | -2.1M | -1.3M |
| Net Common Stock Issuance | -1.4M | -2.1M | 1.3M |
| Common Stock Dividend Paid | -937,000 | -943,000 | -- |
| Common Stock Payments | -1.4M | -2.1M | -1.3M |
| Financing Cash Flow | -1.7M | -9.3M | 7.8M |
| Cash Flow From Continuing Financing Activities | -1.7M | -9.3M | 7.8M |
| Effect Of Exchange Rate Changes | 33,000 | -216,000 | -1.4M |
| Changes In Cash | 1.6M | -2.7M | -11.8M |
| Beginning Cash Position | 11.6M | 14.5M | 42.8M |
| End Cash Position | 13.3M | 11.6M | 29.6M |
| Free Cash Flow | 6.5M | 7.0M | 18.0M |
| Amortization Cash Flow | -- | 9.9M | 6.7M |
| Amortization Of Intangibles | -- | 9.9M | 6.7M |
| Cash Dividends Paid | -937,000 | -943,000 | -11.9M |
| Change In Account Payable | 5.6M | 1.2M | -2.4M |
| Change In Income Tax Payable | -- | 362,000 | 0.00 |
| Change In Prepaid Assets | 161,000 | -748,000 | -160,000 |
| Change In Tax Payable | -- | 362,000 | 0.00 |
| Common Stock Issuance | -- | 0.00 | 2.6M |
| Depreciation | -- | 198,000 | 90,000 |
| Gain Loss On Sale Of PPE | -130,000 | 0.00 | -- |
| Interest Paid Cff | -1.5M | -1.8M | -213,000 |
| Interest Received Cfi | -- | 3,000 | 15,000 |
| Long Term Debt Payments | -346,000 | -407,000 | -387,000 |
| Net Business Purchase And Sale | -4.0M | -404,000 | -37.6M |
| Net Income From Continuing Operations | -727,000 | 1.1M | 6.3M |
| Net Intangibles Purchase And Sale | -5.6M | -5.0M | -747,000 |
| Net Long Term Debt Issuance | 1.5M | -4.4M | 18.6M |
| Net Short Term Debt Issuance | 1.8M | -4.0M | 18.9M |
| Operating Gains Losses | -130,000 | -832,000 | -- |
| Pension And Employee Benefit Expense | -- | -832,000 | -- |
| Proceeds From Stock Option Exercised | 630,000 | 0.00 | -- |
| Purchase Of Intangibles | -5.6M | -5.0M | -747,000 |
| Sale Of PPE | 783,000 | 0.00 | -- |
| Taxes Refund Paid | -3.6M | -4.1M | -1.8M |