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 | 64.3M | 52.1M | 62.1M | 55.6M |
| Operating Revenue | 76.3M | 74.1M | 62.1M | 55.6M |
| Cost Of Revenue | 51.6M | 59.7M | 54.8M | 46.3M |
| Gross Profit | 12.7M | -7.7M | 7.3M | 9.3M |
| Selling General And Administration | 3.6M | 4.3M | 4.6M | 3.9M |
| General And Administrative Expense | 3.6M | 4.3M | 4.6M | 3.9M |
| Depreciation And Amortization In Income Statement | -- | 77,000 | 134,000 | 94,000 |
| Other Operating Expenses | 338,000 | 1.9M | 5.7M | 3.8M |
| Operating Expense | 4.0M | 6.2M | 10.3M | 7.7M |
| Operating Income | 8.7M | -13.8M | -3.1M | 1.6M |
| EBIT | 10.7M | -6.0M | 1.6M | 3.5M |
| Interest Expense | 4.0M | 4.2M | 2.4M | 2.8M |
| Interest Expense Non Operating | 4.0M | 4.2M | 2.4M | 2.8M |
| Interest Income | 315,000 | 234,000 | 155,000 | 57,000 |
| Interest Income Non Operating | 315,000 | 234,000 | 155,000 | 57,000 |
| Net Interest Income | -4.0M | -3.9M | -2.5M | -2.7M |
| Other Income Expense | 2.0M | 7.6M | 4.7M | 1.9M |
| Other Non Operating Income Expenses | 151,000 | 250,000 | 42,000 | 2.5M |
| Special Income Charges | 98,000 | 0.00 | 893,000 | 0.00 |
| Gain On Sale Of Security | 1.8M | 7.3M | 3.8M | -631,000 |
| Pretax Income | 6.7M | -10.2M | -870,000 | 754,000 |
| Tax Provision | 170,000 | 14,000 | 70,000 | 300,000 |
| Tax Effect Of Unusual Items | 47,758 | 2.9M | 1.2M | -251,061 |
| Net Income From Continuing And Discontinued Operation | 6.5M | -10.2M | -940,000 | 454,000 |
| Net Income From Continuing Operation Net Minority Interest | 6.5M | -10.2M | -940,000 | 454,000 |
| Net Income Including Noncontrolling Interests | 6.5M | -10.2M | -940,000 | 454,000 |
| Net Income Common Stockholders | 6.5M | -10.2M | -940,000 | 454,000 |
| Net Income | 6.5M | -10.2M | -940,000 | 454,000 |
| EBITDA | 19.5M | 6.9M | 13.9M | 15.4M |
| Normalized EBITDA | 17.6M | -403,000 | 9.2M | 16.0M |
| Reconciled Depreciation | 8.8M | 13.0M | 12.3M | 11.9M |
| Basic EPS | 0.05 | -0.07 | -0.01 | 0.01 |
| Diluted EPS | 0.05 | -0.07 | -0.01 | 0.01 |
| Basic Average Shares | 136.4M | 137.6M | 139.0M | 139.0M |
| Diluted Average Shares | 136.4M | 137.6M | 139.0M | 139.0M |
| Total Unusual Items | 1.9M | 7.3M | 4.7M | -631,000 |
| Total Unusual Items Excluding Goodwill | 1.9M | 7.3M | 4.7M | -631,000 |
| Tax Rate For Calcs | 0.03 | 0.40 | 0.26 | 0.40 |
| Normalized Income | 4.7M | -14.6M | -4.4M | 833,939 |
| Depreciation Amortization Depletion Income Statement | -- | 77,000 | 134,000 | 94,000 |
| Depreciation Income Statement | -- | 77,000 | 134,000 | 94,000 |
| Diluted NI Availto Com Stockholders | 6.5M | -10.2M | -940,000 | 454,000 |
| Net Income Continuous Operations | 6.5M | -10.2M | -940,000 | 454,000 |
| Net Non Operating Interest Income Expense | -4.0M | -3.9M | -2.5M | -2.7M |
| Other Gand A | 1.7M | 2.7M | 3.3M | 2.5M |
| Other Special Charges | -98,000 | -- | -893,000 | -- |
| Reconciled Cost Of Revenue | 51.6M | 59.7M | 54.8M | 46.3M |
| Salaries And Wages | 2.0M | 1.6M | 1.3M | 1.4M |
| Total Expenses | 55.6M | 65.9M | 65.1M | 54.0M |
| Total Other Finance Cost | 316,000 | 20,000 | 252,000 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 10.2M | 5.0M | 6.7M | 6.0M |
| Cash Cash Equivalents And Short Term Investments | 10.2M | 5.0M | 6.7M | 6.0M |
| Accounts Receivable | 4.0M | 1.5M | 2.1M | 3.2M |
| Receivables | 4.0M | 1.5M | 2.2M | 3.2M |
| Inventory | 8.2M | 7.2M | 6.9M | 3.9M |
| Prepaid Assets | 1.6M | 813,000 | 48,000 | 52,000 |
| Other Current Assets | -- | 813,000 | 1.2M | 4.3M |
| Current Assets | 24.0M | 15.2M | 17.6M | 17.5M |
| Gross PPE | 93.6M | 91.4M | 88.0M | 87.8M |
| Accumulated Depreciation | -63.2M | -54.5M | -41.6M | -29.7M |
| Net PPE | 30.4M | 36.9M | 46.4M | 58.1M |
| Other Non Current Assets | 690,000 | 672,000 | 2.0M | 2.1M |
| Total Non Current Assets | 31.1M | 37.5M | 48.4M | 60.1M |
| Total Assets | 55.1M | 52.8M | 66.0M | 77.6M |
| Current Debt | 32.1M | 4.1M | 8,000 | 8,000 |
| Current Debt And Capital Lease Obligation | 32.1M | 35.9M | 272,000 | 512,000 |
| Accounts Payable | 4.5M | 2.9M | 4.6M | 4.1M |
| Payables | 4.5M | 2.9M | 5.6M | 5.2M |
| Payables And Accrued Expenses | 4.5M | 2.9M | 5.6M | 5.2M |
| Other Current Liabilities | -- | -- | 1.0M | 1.0M |
| Current Liabilities | 36.6M | 38.7M | 10.3M | 6.7M |
| Long Term Debt | -- | -- | 29.9M | 34.6M |
| Long Term Debt And Capital Lease Obligation | 87,000 | -- | 30.0M | 34.8M |
| Long Term Capital Lease Obligation | 87,000 | 0.00 | 96,000 | 204,000 |
| Total Non Current Liabilities Net Minority Interest | 15.5M | 16.3M | 45.2M | 53.9M |
| Total Liabilities Net Minority Interest | 52.1M | 55.0M | 55.5M | 60.6M |
| Common Stock | 59.8M | 59.8M | 61.1M | 61.1M |
| Capital Stock | 59.8M | 59.8M | 61.1M | 61.1M |
| Retained Earnings | -61.8M | -68.3M | -57.1M | -51.9M |
| Gains Losses Not Affecting Retained Earnings | -5.3M | -3.5M | -2.3M | 7.8M |
| Common Stock Equity | 3.0M | -2.3M | 10.5M | 17.0M |
| Stockholders Equity | 3.0M | -2.3M | 10.5M | 17.0M |
| Total Equity Gross Minority Interest | 3.0M | -2.3M | 10.5M | 17.0M |
| Total Capitalization | 3.0M | -2.3M | 40.4M | 51.6M |
| Net Tangible Assets | 3.0M | -2.3M | 10.5M | 17.0M |
| Tangible Book Value | 3.0M | -2.3M | 10.5M | 17.0M |
| Working Capital | -12.6M | -23.5M | 7.3M | 10.8M |
| Invested Capital | 35.1M | 1.9M | 40.4M | 51.6M |
| Total Debt | 32.2M | 35.9M | 30.2M | 35.3M |
| Net Debt | 21.9M | -- | 23.1M | 28.6M |
| Share Issued | 136.4M | 136.4M | 139.0M | 139.0M |
| Ordinary Shares Number | 136.4M | 136.4M | 139.0M | 139.0M |
| Buildings And Improvements | 125,000 | 71,000 | 161,000 | 290,000 |
| Capital Lease Obligations | 127,000 | 76,000 | 192,000 | 621,000 |
| Construction In Progress | 959,000 | 3.8M | 3.8M | 1.9M |
| Current Capital Lease Obligation | 40,000 | 76,000 | 96,000 | 417,000 |
| Current Notes Payable | 5.5M | 4.1M | -- | -- |
| Current Provisions | -- | -- | 3.4M | -- |
| Dividends Payable | -- | 0.00 | 1.0M | 1.1M |
| Foreign Currency Translation Adjustments | -5.3M | -3.5M | -2.3M | -- |
| Hedging Assets Current | 0.00 | 648,000 | 473,000 | 0.00 |
| Land And Improvements | 1.1M | 1.1M | 1.1M | 1.1M |
| Line Of Credit | 10.1M | -- | -- | -- |
| Long Term Provisions | 15.4M | 16.3M | 15.2M | 19.1M |
| Machinery Furniture Equipment | 41.4M | 39.6M | 36.2M | 37.5M |
| Other Current Borrowings | 16.5M | 4.1M | 8,000 | 8,000 |
| Other Equity Interest | 10.3M | 9.8M | 8.8M | -- |
| Other Properties | -- | -- | -- | 310,000 |
| Other Receivables | 10,000 | 7,000 | 48,000 | -- |
| Raw Materials | 8.2M | 7.2M | 6.9M | 3.9M |
| Taxes Receivable | 35,000 | 14,000 | 39,000 | 16,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 14.3M | 419,000 | 15.7M | 7.3M |
| Cash Flow From Continuing Operating Activities | 14.3M | 419,000 | 15.7M | 7.3M |
| Depreciation And Amortization | 8.8M | 13.0M | 12.3M | 11.9M |
| Depreciation Amortization Depletion | 8.8M | 13.0M | 12.3M | 11.9M |
| Stock Based Compensation | 459,000 | 387,000 | 187,000 | 301,000 |
| Change In Working Capital | -2.2M | 305,000 | 612,000 | -6.6M |
| Change In Receivables | -2.5M | 701,000 | 1.1M | -2.0M |
| Change In Inventory | -967,000 | -774,000 | -2.4M | -208,000 |
| Change In Payables And Accrued Expense | 1.4M | -1.8M | -635,000 | -1.1M |
| Change In Other Working Capital | 648,000 | 1.7M | -473,000 | -- |
| Change In Other Current Assets | -- | 415,000 | 3.0M | -3.2M |
| Other Non Cash Items | 4.0M | -1.7M | 5.0M | 2.7M |
| Capital Expenditure | -1.8M | -2.6M | -4.3M | -4.6M |
| Purchase Of PPE | -1.8M | -2.6M | -4.3M | -4.6M |
| Net PPE Purchase And Sale | -1.8M | -2.6M | -4.3M | -4.6M |
| Investing Cash Flow | -1.8M | -2.6M | -4.3M | -4.6M |
| Cash Flow From Continuing Investing Activities | -1.8M | -2.6M | -4.3M | -4.6M |
| Issuance Of Debt | 16.5M | 10.9M | 35.8M | 0.00 |
| Repayment Of Debt | -22.1M | -5.1M | -34.1M | -2.6M |
| Net Issuance Payments Of Debt | -5.6M | 5.8M | 1.6M | -2.6M |
| Common Stock Dividend Paid | 0.00 | -2.0M | -4.1M | -1.1M |
| Financing Cash Flow | -7.3M | 567,000 | -10.9M | -4.1M |
| Cash Flow From Continuing Financing Activities | -7.3M | 567,000 | -10.9M | -4.1M |
| Effect Of Exchange Rate Changes | -91,000 | -28,000 | 194,000 | -71,000 |
| Changes In Cash | 5.2M | -1.7M | 485,000 | -1.4M |
| Beginning Cash Position | 5.0M | 6.7M | 6.0M | 7.5M |
| End Cash Position | 10.2M | 5.0M | 6.7M | 6.0M |
| Free Cash Flow | 12.5M | -2.2M | 11.4M | 2.7M |
| Cash Dividends Paid | 0.00 | -2.0M | -4.1M | -1.1M |
| Change In Prepaid Assets | -780,000 | 415,000 | -- | -- |
| Depreciation | 8.8M | 13.0M | 12.3M | 11.9M |
| Gain Loss On Sale Of PPE | 19,000 | 0.00 | -- | -- |
| Interest Paid Cff | -1.7M | -3.0M | -8.2M | -354,000 |
| Long Term Debt Issuance | 0.00 | 5.9M | 35.8M | 0.00 |
| Long Term Debt Payments | -67,000 | -100,000 | -34.1M | -2.6M |
| Net Foreign Currency Exchange Gain Loss | -2.0M | -1.2M | -1.6M | 888,000 |
| Net Income From Continuing Operations | 6.7M | -10.2M | -870,000 | 754,000 |
| Net Long Term Debt Issuance | -67,000 | 5.8M | 1.6M | -2.6M |
| Net Other Financing Charges | -18,000 | -350,000 | -200,000 | -- |
| Net Short Term Debt Issuance | -5.5M | 0.00 | -- | -- |
| Operating Gains Losses | -2.0M | -1.2M | -1.6M | -1.5M |
| Proceeds From Stock Option Exercised | 0.00 | 130,000 | 0.00 | -- |
| Provisionand Write Offof Assets | -1.5M | 0.00 | -- | -- |
| Sale Of PPE | 45,000 | 0.00 | -- | -- |
| Short Term Debt Issuance | 16.5M | 5.0M | -- | -- |
| Short Term Debt Payments | -22.0M | -5.0M | -- | -- |
| Taxes Refund Paid | 0.00 | -71,000 | 0.00 | -300,000 |