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 | 63.0M | 64.9M | 34.1M | 17.8M |
| Operating Revenue | 63.0M | 64.9M | 34.1M | 17.8M |
| Cost Of Revenue | 26.1M | 24.8M | 12.4M | 6.7M |
| Gross Profit | 36.9M | 40.0M | 21.7M | 11.1M |
| Selling General And Administration | 12.6M | 9.2M | 6.3M | 3.6M |
| General And Administrative Expense | 12.6M | 9.2M | 6.3M | 3.6M |
| Other Operating Expenses | 39.9M | 31.1M | 9.6M | 5.2M |
| Operating Expense | 52.5M | 40.4M | 15.9M | 8.7M |
| Operating Income | -15.6M | -337,000 | 5.8M | 2.4M |
| EBIT | -16.6M | -337,000 | 6.0M | 8.6M |
| Interest Expense | 448,000 | -- | 99,000 | 291,000 |
| Interest Expense Non Operating | 448,000 | -- | 99,000 | 291,000 |
| Interest Income | -- | 1.0M | -- | -- |
| Interest Income Non Operating | -- | 1.0M | -- | -- |
| Net Interest Income | -448,000 | 1.0M | -99,000 | -291,000 |
| Other Income Expense | -949,000 | 20.3M | 180,000 | 6.3M |
| Special Income Charges | -5.2M | 16.9M | 1.6M | 9.2M |
| Restructuring And Mergern Acquisition | 5.2M | -16.9M | 2.7M | 1.2M |
| Gain On Sale Of Security | -99,000 | -67,000 | -1.4M | -3.0M |
| Earnings From Equity Interest | 4.4M | 3.5M | 0.00 | -- |
| Pretax Income | -17.0M | 21.0M | 5.9M | 8.3M |
| Tax Provision | -9.3M | -5.5M | 658,000 | 0.00 |
| Tax Effect Of Unusual Items | -799,800 | 6.7M | 20,092 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -7.7M | 26.5M | 5.2M | 8.3M |
| Net Income From Continuing Operation Net Minority Interest | -7.7M | 26.5M | 5.2M | 8.3M |
| Net Income Including Noncontrolling Interests | -7.7M | 26.5M | 5.2M | 8.3M |
| Net Income Common Stockholders | -7.7M | 26.5M | 5.2M | 8.3M |
| Net Income | -7.7M | 26.5M | 5.2M | 8.3M |
| EBITDA | 4.3M | 19.6M | 12.4M | 13.3M |
| Normalized EBITDA | 9.6M | 2.8M | 12.2M | 7.0M |
| Reconciled Depreciation | 20.9M | 20.0M | 6.4M | 4.7M |
| Basic EPS | -0.28 | 0.97 | 0.18 | 0.57 |
| Diluted EPS | -0.28 | 0.91 | 0.18 | 0.56 |
| Basic Average Shares | 27.1M | 27.4M | 28.4M | 14.7M |
| Diluted Average Shares | 27.1M | 29.1M | 28.9M | 14.9M |
| Total Unusual Items | -5.3M | 16.8M | 180,000 | 6.3M |
| Total Unusual Items Excluding Goodwill | -5.3M | 16.8M | 180,000 | 6.3M |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.11 | 0.00 |
| Normalized Income | -3.2M | 16.5M | 5.1M | 2.1M |
| Diluted NI Availto Com Stockholders | -7.7M | 26.5M | 5.2M | 8.3M |
| Gain On Sale Of Ppe | -- | -- | 0.00 | 804,000 |
| Impairment Of Capital Assets | -- | 0.00 | -4.2M | -9.7M |
| Net Income Continuous Operations | -7.7M | 26.5M | 5.2M | 8.3M |
| Net Non Operating Interest Income Expense | -448,000 | 1.0M | -99,000 | -291,000 |
| Other Gand A | 9.6M | 7.4M | 5.1M | 3.0M |
| Reconciled Cost Of Revenue | 26.1M | 24.8M | 12.4M | 6.7M |
| Salaries And Wages | 3.0M | 1.9M | 1.3M | 557,000 |
| Total Expenses | 78.6M | 65.2M | 28.3M | 15.5M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 139.9M | 50.3M | 1.8M | 25.5M |
| Cash Cash Equivalents And Short Term Investments | 139.9M | 50.3M | 1.8M | 25.5M |
| Cash Financial | 139.9M | 50.3M | -- | -- |
| Accounts Receivable | 6.2M | 8.0M | 10.3M | 1.8M |
| Receivables | 6.2M | 8.0M | 10.3M | 1.8M |
| Prepaid Assets | 2.1M | 1.0M | 1.1M | 252,000 |
| Current Assets | 188.5M | 92.5M | 72.3M | 27.5M |
| Gross PPE | 213.8M | 173.3M | 138.3M | 74.2M |
| Accumulated Depreciation | -69.6M | -48.5M | -28.5M | -26.3M |
| Net PPE | 144.2M | 124.9M | 109.8M | 47.9M |
| Investments And Advances | 21.5M | 21.4M | 12.6M | 0.00 |
| Long Term Equity Investment | 21.5M | 21.4M | 12.6M | 0.00 |
| Total Non Current Assets | 202.3M | 146.2M | 122.4M | 47.9M |
| Total Assets | 390.8M | 238.7M | 194.7M | 75.4M |
| Current Debt | -- | -- | 21.5M | -- |
| Current Debt And Capital Lease Obligation | -- | -- | 21.5M | 61,000 |
| Accounts Payable | 21.0M | 15.7M | 14.3M | 6.8M |
| Payables | 38.0M | 40.6M | 36.6M | 6.8M |
| Payables And Accrued Expenses | 38.0M | 40.6M | 36.6M | 6.8M |
| Other Current Liabilities | -- | 1.1M | 520,000 | 600,000 |
| Current Liabilities | 40.3M | 44.0M | 58.6M | 7.4M |
| Long Term Debt | 138.3M | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 138.5M | 244,000 | 59,000 | 106,000 |
| Long Term Capital Lease Obligation | 268,000 | 244,000 | 59,000 | 106,000 |
| Total Non Current Liabilities Net Minority Interest | 258.4M | 98.4M | 64.7M | 2.7M |
| Total Liabilities Net Minority Interest | 298.7M | 142.4M | 123.4M | 10.1M |
| Common Stock | 63.4M | 60.9M | 63.8M | 64.5M |
| Capital Stock | 63.4M | 60.9M | 63.8M | 64.5M |
| Additional Paid In Capital | 12.1M | 10.9M | 8.9M | 7.7M |
| Retained Earnings | 12.9M | 21.1M | -4.5M | -10.1M |
| Gains Losses Not Affecting Retained Earnings | 950,000 | 254,000 | 0.00 | -- |
| Other Equity Adjustments | 950,000 | 254,000 | -- | -- |
| Common Stock Equity | 92.1M | 96.4M | 71.4M | 65.3M |
| Stockholders Equity | 92.1M | 96.4M | 71.4M | 65.3M |
| Total Equity Gross Minority Interest | 92.1M | 96.4M | 71.4M | 65.3M |
| Total Capitalization | 230.4M | 96.4M | 71.4M | 65.3M |
| Net Tangible Assets | 92.1M | 96.4M | 71.4M | 65.3M |
| Tangible Book Value | 92.1M | 96.4M | 71.4M | 65.3M |
| Working Capital | 148.2M | 48.5M | 13.7M | 20.1M |
| Invested Capital | 230.4M | 96.4M | 92.9M | 65.3M |
| Total Debt | 138.5M | 244,000 | 21.6M | 167,000 |
| Net Debt | -- | -- | 19.7M | -- |
| Share Issued | 27.6M | 26.8M | 28.1M | 28.4M |
| Ordinary Shares Number | 27.6M | 26.8M | 28.1M | 28.4M |
| Allowance For Doubtful Accounts Receivable | -- | 0.00 | 0.00 | 0.00 |
| Capital Lease Obligations | 268,000 | 244,000 | 125,000 | 167,000 |
| Current Capital Lease Obligation | -- | 0.00 | 66,000 | 61,000 |
| Current Provisions | 2.3M | 2.3M | -- | -- |
| Gross Accounts Receivable | -- | 8.0M | 10.3M | 1.8M |
| Hedging Assets Current | 5,000 | 238,000 | 44,000 | 0.00 |
| Investmentsin Associatesat Cost | 21.5M | 21.4M | 12.6M | 0.00 |
| Line Of Credit | -- | 0.00 | 21.5M | 0.00 |
| Long Term Provisions | 61.9M | 43.0M | 30.4M | 2.6M |
| Non Current Deferred Liabilities | 58.0M | 55.2M | 34.2M | 0.00 |
| Non Current Deferred Taxes Liabilities | 58.0M | 55.2M | 34.2M | 0.00 |
| Non Current Prepaid Assets | 36.7M | 0.00 | -- | -- |
| Other Equity Interest | 2.8M | 3.2M | 3.2M | 3.2M |
| Other Properties | 213.8M | 173.3M | 138.3M | 74.2M |
| Restricted Cash | 40.3M | 32.9M | 59.1M | 0.00 |
| Total Tax Payable | 17.0M | 24.9M | 22.3M | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 6.2M | 15.2M | 9.3M | 3.9M |
| Cash Flow From Continuing Operating Activities | 6.2M | 15.2M | 9.3M | 3.9M |
| Depreciation Amortization Depletion | 20.9M | 20.0M | 6.4M | 4.7M |
| Stock Based Compensation | 3.0M | 1.9M | 1.3M | 557,000 |
| Deferred Tax | 1.6M | -5.9M | 131,000 | 0.00 |
| Deferred Income Tax | 1.6M | -5.9M | 131,000 | 0.00 |
| Change In Working Capital | -7.6M | -274,000 | 991,000 | 446,000 |
| Other Non Cash Items | 11,000 | -3.5M | -15,000 | 199,000 |
| Capital Expenditure | -20.8M | -24.9M | -17.1M | -10.4M |
| Purchase Of PPE | -20.8M | -24.9M | -17.1M | -10.4M |
| Net PPE Purchase And Sale | -20.8M | -24.9M | -17.1M | -8.6M |
| Purchase Of Business | -34.3M | 0.00 | -- | -- |
| Sale Of Business | 0.00 | 36.8M | 1.8M | 0.00 |
| Investing Cash Flow | -54.1M | 58.2M | -53.9M | -4.2M |
| Cash Flow From Continuing Investing Activities | -54.1M | 58.2M | -53.9M | -4.2M |
| Issuance Of Debt | 138.3M | 0.00 | -- | -- |
| Repayment Of Debt | -- | -9,000 | -54,000 | -39,000 |
| Net Issuance Payments Of Debt | 138.3M | -21.5M | 21.4M | -4.0M |
| Issuance Of Capital Stock | -- | -- | 0.00 | 29.5M |
| Repurchase Of Capital Stock | -- | -- | 0.00 | -34,000 |
| Net Common Stock Issuance | -- | -- | 0.00 | 29.5M |
| Common Stock Payments | -- | -- | 0.00 | -34,000 |
| Financing Cash Flow | 137.8M | -25.4M | 20.9M | 25.8M |
| Cash Flow From Continuing Financing Activities | 137.8M | -25.4M | 20.9M | 25.8M |
| Effect Of Exchange Rate Changes | -368,000 | 454,000 | 0.00 | -- |
| Changes In Cash | 90.0M | 48.0M | -23.6M | 25.5M |
| Beginning Cash Position | 50.3M | 1.8M | 25.5M | 0.00 |
| End Cash Position | 139.9M | 50.3M | 1.8M | 25.5M |
| Free Cash Flow | -14.5M | -9.7M | -7.8M | -6.4M |
| Income Tax Paid Supplemental Data | 1.4M | 7.4M | 0.00 | -- |
| Interest Paid Supplemental Data | 758,000 | 692,000 | 359,000 | 291,000 |
| Asset Impairment Charge | -- | 0.00 | -4.2M | -9.7M |
| Common Stock Issuance | -- | -- | 0.00 | 29.5M |
| Dividends Received Cfi | 4.8M | 6.1M | 0.00 | -- |
| Earnings Losses From Equity Investments | -4.4M | -3.5M | 0.00 | -- |
| Gain Loss On Investment Securities | -843,000 | 361,000 | -124,000 | 231,000 |
| Gain Loss On Sale Of Business | 470,000 | -20.7M | 0.00 | -- |
| Gain Loss On Sale Of PPE | -- | -- | 0.00 | -804,000 |
| Long Term Debt Issuance | 138.3M | 0.00 | -- | -- |
| Long Term Debt Payments | -- | -9,000 | -54,000 | -39,000 |
| Net Business Purchase And Sale | -34.3M | 36.8M | 1.8M | 0.00 |
| Net Foreign Currency Exchange Gain Loss | 862,000 | 311,000 | -334,000 | 0.00 |
| Net Income From Continuing Operations | -7.7M | 26.5M | 5.2M | 8.3M |
| Net Long Term Debt Issuance | 138.3M | -9,000 | -54,000 | -39,000 |
| Net Other Financing Charges | -1.4M | -3.9M | -754,000 | -- |
| Net Other Investing Changes | -3.9M | 40.1M | -38.6M | 4.4M |
| Net Short Term Debt Issuance | 0.00 | -21.5M | 21.5M | -4.0M |
| Operating Gains Losses | -3.9M | -23.5M | -458,000 | -573,000 |
| Proceeds From Stock Option Exercised | 933,000 | 0.00 | 231,000 | 297,000 |
| Sale Of PPE | -- | -- | 0.00 | 1.8M |
| Unrealized Gain Loss On Investment Securities | -- | -- | -- | 231,000 |