Income Statement
Balance Sheet
Cash Flow
| Line Item | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 16.3M | 16.0M | 26.3M | 8.3M | 18.0M |
| Operating Revenue | 19.2M | 20.1M | 30.7M | 10.6M | 19.0M |
| Cost Of Revenue | 14.3M | 13.6M | 14.9M | 11.1M | 12.3M |
| Gross Profit | 2.1M | 2.4M | 11.4M | -2.9M | 5.6M |
| Selling General And Administration | 868,000 | 1.0M | 1.4M | 550,000 | 786,000 |
| General And Administrative Expense | 868,000 | 1.0M | 1.4M | 550,000 | 786,000 |
| Other Operating Expenses | 534,000 | 389,000 | -1.0M | 399,000 | 500,000 |
| Operating Expense | 1.4M | 1.4M | 414,000 | 949,000 | 1.3M |
| Operating Income | 669,000 | 1.0M | 11.0M | -3.8M | 4.3M |
| EBIT | 1.2M | 1.1M | 12.7M | -4.0M | 3.7M |
| Interest Expense | 634,000 | 719,000 | 1.1M | 847,000 | 1.1M |
| Interest Expense Non Operating | 634,000 | 719,000 | 1.1M | 847,000 | 1.1M |
| Interest Income | 115,000 | 89,000 | 105,000 | 88,000 | 64,000 |
| Interest Income Non Operating | 115,000 | 89,000 | 105,000 | 88,000 | 64,000 |
| Net Interest Income | -549,000 | -691,000 | -933,000 | -791,000 | -1.1M |
| Other Income Expense | 419,000 | 28,000 | 1.5M | -272,000 | -578,000 |
| Other Non Operating Income Expenses | 41,000 | 11,000 | 108,000 | 20,000 | -15,000 |
| Special Income Charges | 338,000 | -- | -- | -- | 0.00 |
| Gain On Sale Of Security | 40,000 | 17,000 | 1.3M | -292,000 | -563,000 |
| Pretax Income | 539,000 | 354,000 | 11.6M | -4.9M | 2.6M |
| Tax Effect Of Unusual Items | 56,700 | 2,550 | 211,500 | 0.00 | -84,450 |
| Net Income From Continuing And Discontinued Operation | 539,000 | 354,000 | 11.4M | -4.9M | 2.6M |
| Net Income From Continuing Operation Net Minority Interest | 539,000 | 354,000 | 11.4M | -4.9M | 2.6M |
| Net Income Including Noncontrolling Interests | 539,000 | 354,000 | 11.4M | -4.9M | 2.6M |
| Net Income Common Stockholders | 539,000 | 354,000 | 11.4M | -4.9M | 2.6M |
| Net Income | 539,000 | 354,000 | 11.4M | -4.9M | 2.6M |
| EBITDA | 2.8M | 2.6M | 13.9M | -2.1M | 6.7M |
| Normalized EBITDA | 2.4M | 2.6M | 12.5M | -1.8M | 7.2M |
| Reconciled Depreciation | 1.6M | 1.5M | 1.2M | 1.9M | 2.9M |
| Basic EPS | 0.00 | 0.00 | -- | -0.05 | 0.02 |
| Diluted EPS | 0.00 | 0.00 | -- | -0.05 | 0.02 |
| Basic Average Shares | 136.4M | 136.4M | -- | 90.9M | 136.4M |
| Diluted Average Shares | 136.4M | 136.4M | -- | 90.9M | 136.4M |
| Total Unusual Items | 378,000 | 17,000 | 1.4M | -292,000 | -563,000 |
| Total Unusual Items Excluding Goodwill | 378,000 | 17,000 | 1.4M | -292,000 | -563,000 |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.15 | 0.00 | 0.15 |
| Normalized Income | 217,700 | 339,550 | 10.2M | -4.6M | 3.1M |
| Diluted NI Availto Com Stockholders | 539,000 | 354,000 | 11.4M | -4.9M | 2.6M |
| Net Income Continuous Operations | 539,000 | 354,000 | 11.4M | -4.9M | 2.6M |
| Net Non Operating Interest Income Expense | -549,000 | -691,000 | -933,000 | -791,000 | -1.1M |
| Other Gand A | 313,000 | 395,000 | 707,000 | 251,000 | 367,000 |
| Other Special Charges | -338,000 | -- | -- | -- | -- |
| Reconciled Cost Of Revenue | 14.3M | 13.6M | 14.9M | 11.1M | 12.3M |
| Salaries And Wages | 555,000 | 611,000 | 733,000 | 299,000 | 419,000 |
| Total Expenses | 15.7M | 15.0M | 15.3M | 12.1M | 13.6M |
| Total Other Finance Cost | 30,000 | 61,000 | -64,000 | 32,000 | 77,000 |
| Line Item | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 8.1M | 12.2M | 10.2M | 5.8M | 5.5M |
| Cash Cash Equivalents And Short Term Investments | 8.1M | 12.2M | 10.2M | 5.8M | 5.5M |
| Accounts Receivable | 3.8M | 4.3M | 4.0M | 871,000 | 2.3M |
| Receivables | 3.9M | 4.3M | 4.0M | 902,000 | 2.4M |
| Inventory | 9.3M | 8.8M | 8.2M | 9.4M | 8.2M |
| Prepaid Assets | 3.0M | 2.3M | 1.6M | -- | -- |
| Other Current Assets | -- | -- | -- | 1.0M | 951,000 |
| Current Assets | 24.3M | 27.6M | 24.0M | 18.7M | 19.9M |
| Gross PPE | 98.2M | 95.3M | 93.6M | 92.9M | 91.8M |
| Accumulated Depreciation | -66.2M | -64.7M | -63.2M | -62.0M | -60.1M |
| Net PPE | 32.0M | 30.6M | 30.4M | 30.9M | 31.7M |
| Other Non Current Assets | 866,000 | 672,000 | 690,000 | 672,000 | 822,000 |
| Total Non Current Assets | 32.8M | 31.3M | 31.1M | 31.6M | 32.5M |
| Total Assets | 57.1M | 58.9M | 55.1M | 50.3M | 52.4M |
| Current Debt | 22.5M | 33.7M | 32.1M | 21.5M | 21.2M |
| Current Debt And Capital Lease Obligation | 29.2M | 33.8M | 32.1M | 36.6M | 36.2M |
| Accounts Payable | 4.2M | 3.6M | 4.5M | 4.0M | 2.5M |
| Payables | 4.2M | 3.6M | 4.5M | 4.0M | 2.5M |
| Payables And Accrued Expenses | 4.2M | 3.6M | 4.5M | 4.0M | 2.5M |
| Current Liabilities | 33.4M | 37.4M | 36.6M | 40.6M | 38.7M |
| Long Term Debt | 3.3M | 1.5M | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 3.4M | 1.6M | 87,000 | -- | -- |
| Long Term Capital Lease Obligation | 114,000 | 99,000 | 87,000 | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 19.7M | 18.1M | 15.5M | 16.9M | 16.5M |
| Total Liabilities Net Minority Interest | 53.1M | 55.5M | 52.1M | 57.5M | 55.2M |
| Common Stock | 59.8M | 59.8M | 59.8M | 59.8M | 59.8M |
| Capital Stock | 59.8M | 59.8M | 59.8M | 59.8M | 59.8M |
| Retained Earnings | -60.9M | -61.4M | -61.8M | -73.2M | -68.3M |
| Gains Losses Not Affecting Retained Earnings | -5.4M | -5.3M | -5.3M | 6.1M | 5.7M |
| Common Stock Equity | 4.0M | 3.5M | 3.0M | -7.2M | -2.8M |
| Stockholders Equity | 4.0M | 3.5M | 3.0M | -7.2M | -2.8M |
| Total Equity Gross Minority Interest | 4.0M | 3.5M | 3.0M | -7.2M | -2.8M |
| Total Capitalization | 7.3M | 5.0M | 3.0M | -7.2M | -2.8M |
| Net Tangible Assets | 4.0M | 3.5M | 3.0M | -7.2M | -2.8M |
| Tangible Book Value | 4.0M | 3.5M | 3.0M | -7.2M | -2.8M |
| Working Capital | -9.1M | -9.7M | -12.6M | -21.9M | -18.8M |
| Invested Capital | 29.8M | 38.7M | 35.1M | 14.2M | 18.4M |
| Total Debt | 32.6M | 35.4M | 32.2M | 36.6M | 36.2M |
| Net Debt | 17.7M | 23.1M | 21.9M | 15.6M | 15.6M |
| Share Issued | 136.4M | 136.4M | 136.4M | 136.4M | 136.4M |
| Ordinary Shares Number | 136.4M | 136.4M | 136.4M | 136.4M | 136.4M |
| Buildings And Improvements | 180,000 | 149,000 | 125,000 | 9,000 | 32,000 |
| Capital Lease Obligations | 186,000 | 152,000 | 127,000 | 10,000 | 34,000 |
| Construction In Progress | 2.5M | 613,000 | 959,000 | 4.2M | 3.9M |
| Current Capital Lease Obligation | 72,000 | 53,000 | 40,000 | 10,000 | 34,000 |
| Current Notes Payable | 5.8M | 5.9M | 5.5M | -- | -- |
| Foreign Currency Translation Adjustments | -5.4M | -5.3M | -5.3M | -- | -- |
| Hedging Assets Current | -- | -- | 0.00 | 0.00 | 0.00 |
| Land And Improvements | 1.1M | 1.1M | 1.1M | 1.1M | 1.1M |
| Line Of Credit | -- | 11.3M | 10.1M | -- | -- |
| Long Term Provisions | 16.4M | 16.5M | 15.4M | 16.9M | 16.5M |
| Machinery Furniture Equipment | 44.3M | 43.4M | 41.4M | 40.9M | 40.1M |
| Other Current Borrowings | 16.7M | 16.5M | 16.5M | 21.5M | 21.2M |
| Other Equity Interest | 10.5M | 10.4M | 10.3M | -- | -- |
| Other Receivables | -- | 25,000 | 10,000 | 20,000 | 22,000 |
| Raw Materials | 9.3M | 8.8M | 8.2M | 9.4M | 8.2M |
| Restricted Cash | -- | -- | -- | 1.6M | 2.8M |
| Taxes Receivable | 13,000 | 41,000 | 35,000 | 11,000 | 22,000 |
| Line Item | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | 1.8M | 203,000 | 10.4M | 1.3M | 2.8M |
| Cash Flow From Continuing Operating Activities | 1.8M | 203,000 | 10.4M | 1.3M | 2.8M |
| Depreciation And Amortization | 1.6M | 1.1M | 1.2M | 1.9M | 2.9M |
| Depreciation Amortization Depletion | 1.6M | 1.5M | 1.2M | 1.9M | 2.9M |
| Stock Based Compensation | 78,000 | 127,000 | 128,000 | 110,000 | 216,000 |
| Change In Working Capital | -544,000 | -2.5M | -560,000 | 2.9M | -4.2M |
| Change In Receivables | 468,000 | -293,000 | -3.1M | 1.5M | -665,000 |
| Change In Inventory | -540,000 | -956,000 | 873,000 | -527,000 | -632,000 |
| Change In Payables And Accrued Expense | 181,000 | -495,000 | 714,000 | 829,000 | -178,000 |
| Change In Other Working Capital | -- | -- | 1.6M | 1.2M | -2.8M |
| Change In Other Current Assets | -653,000 | -743,000 | -- | -65,000 | 54,000 |
| Other Non Cash Items | 213,000 | 711,000 | 1.1M | 821,000 | 552,000 |
| Capital Expenditure | -2.8M | -724,000 | -559,000 | -821,000 | -1,000 |
| Purchase Of PPE | -2.8M | -724,000 | -559,000 | -821,000 | -1,000 |
| Net PPE Purchase And Sale | -2.8M | -724,000 | -559,000 | -776,000 | -1,000 |
| Investing Cash Flow | -2.8M | -724,000 | -559,000 | -626,000 | -151,000 |
| Cash Flow From Continuing Investing Activities | -2.8M | -724,000 | -559,000 | -626,000 | -151,000 |
| Issuance Of Debt | 0.00 | 0.00 | 0.00 | 0.00 | 11.5M |
| Repayment Of Debt | -5.0M | -18,000 | -5.0M | -15,000 | -12.0M |
| Net Issuance Payments Of Debt | -5.0M | -18,000 | -5.0M | -15,000 | -520,000 |
| Common Stock Dividend Paid | -- | -- | 0.00 | 0.00 | -- |
| Financing Cash Flow | -3.0M | 2.5M | -5.4M | -329,000 | -1.2M |
| Cash Flow From Continuing Financing Activities | -3.0M | 2.5M | -5.4M | -329,000 | -1.2M |
| Effect Of Exchange Rate Changes | -7,000 | 7,000 | -80,000 | -3,000 | 4,000 |
| Changes In Cash | -4.0M | 2.0M | 4.4M | 298,000 | 1.4M |
| Beginning Cash Position | 12.2M | 10.2M | 5.8M | 5.5M | 4.2M |
| End Cash Position | 8.1M | 12.2M | 10.2M | 5.8M | 5.5M |
| Free Cash Flow | -1.0M | -521,000 | 9.8M | 432,000 | 2.8M |
| Amortization Cash Flow | 22,000 | -- | -- | -- | 245,000 |
| Amortization Of Intangibles | 22,000 | -- | -- | -- | 245,000 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depletion | -- | 436,000 | -- | -- | -- |
| Depreciation | 1.6M | 1.1M | 1.2M | 1.9M | 2.7M |
| Gain Loss On Sale Of PPE | -- | -- | 0.00 | 19,000 | -- |
| Interest Paid Cff | -544,000 | -360,000 | -365,000 | -314,000 | -1.0M |
| Long Term Debt Issuance | 0.00 | 0.00 | 0.00 | 0.00 | 11.5M |
| Long Term Debt Payments | -22,000 | -18,000 | -10,000 | -15,000 | -20,000 |
| Net Foreign Currency Exchange Gain Loss | -49,000 | -23,000 | -1.6M | 332,000 | 646,000 |
| Net Income From Continuing Operations | 539,000 | 354,000 | 11.6M | -4.9M | 2.6M |
| Net Long Term Debt Issuance | -22,000 | -18,000 | -10,000 | -15,000 | 11.5M |
| Net Other Financing Charges | 2.5M | 2.9M | -- | -- | 299,000 |
| Net Other Investing Changes | -- | -- | -- | 150,000 | -150,000 |
| Net Short Term Debt Issuance | -5.0M | -- | -5.0M | 0.00 | -12.0M |
| Operating Gains Losses | -49,000 | -23,000 | -1.6M | 351,000 | 646,000 |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 0.00 | 0.00 |
| Sale Of PPE | -- | -- | 0.00 | 45,000 | -- |
| Short Term Debt Issuance | -- | -- | 0.00 | 0.00 | -- |
| Short Term Debt Payments | -5.0M | -- | -5.0M | 0.00 | -12.0M |
| Taxes Refund Paid | -- | 0.00 | -- | -- | -- |