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 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | 1.1M | 1.3M | 1.2M | 721,624 |
| Gross Profit | -1.1M | -1.3M | -1.2M | -721,624 |
| Selling General And Administration | 4.5M | 3.7M | 4.5M | 6.2M |
| General And Administrative Expense | 4.5M | 3.7M | 4.5M | 6.2M |
| Other Operating Expenses | 8.1M | 8.8M | 20.6M | 34.1M |
| Operating Expense | 13.4M | 13.6M | 26.8M | 41.7M |
| Operating Income | -14.5M | -14.9M | -28.0M | -42.4M |
| EBIT | -13.5M | -14.6M | -28.0M | -42.4M |
| Interest Expense | 1.2M | 0.00 | 27,133 | -- |
| Interest Expense Non Operating | 1.2M | 0.00 | 27,133 | -- |
| Interest Income | -- | 105,094 | -- | 26,413 |
| Interest Income Non Operating | -- | 105,094 | -- | 26,413 |
| Net Interest Income | -1.2M | 105,094 | -27,133 | 26,413 |
| Other Income Expense | 979,427 | 181,595 | 372,370 | -773,925 |
| Other Non Operating Income Expenses | 438,828 | 86,186 | 448,081 | 9,771 |
| Special Income Charges | -- | 0.00 | -868,336 | 108,375 |
| Gain On Sale Of Security | 540,599 | 95,409 | 1.5M | -17,479 |
| Earnings From Equity Interest | -- | 0.00 | -749,073 | -874,592 |
| Pretax Income | -14.8M | -14.6M | -27.7M | -43.2M |
| Tax Provision | -498,000 | -2.0M | -8.6M | -5.5M |
| Tax Effect Of Unusual Items | 18,236 | 12,756 | 209,948 | 11,537 |
| Net Income From Continuing And Discontinued Operation | -14.3M | -12.6M | -19.0M | -37.7M |
| Net Income From Continuing Operation Net Minority Interest | -14.3M | -12.6M | -19.0M | -37.7M |
| Net Income Including Noncontrolling Interests | -14.3M | -12.6M | -19.0M | -37.7M |
| Net Income Common Stockholders | -14.3M | -12.6M | -19.0M | -37.7M |
| Net Income | -14.3M | -12.6M | -19.0M | -37.7M |
| EBITDA | -12.4M | -13.3M | -26.8M | -41.7M |
| Normalized EBITDA | -13.0M | -13.4M | -27.4M | -41.8M |
| Reconciled Depreciation | 1.1M | 1.3M | 1.2M | 721,624 |
| Basic EPS | -0.15 | -0.16 | -0.28 | -0.75 |
| Diluted EPS | -0.15 | -0.16 | -0.28 | -0.75 |
| Basic Average Shares | 92.3M | 78.8M | 68.8M | 50.3M |
| Diluted Average Shares | 92.3M | 78.8M | 68.8M | 50.3M |
| Total Unusual Items | 540,599 | 95,409 | 673,362 | 90,896 |
| Total Unusual Items Excluding Goodwill | 540,599 | 95,409 | 673,362 | 90,896 |
| Tax Rate For Calcs | 0.03 | 0.13 | 0.31 | 0.13 |
| Normalized Income | -14.8M | -12.7M | -19.5M | -37.8M |
| Diluted NI Availto Com Stockholders | -14.3M | -12.6M | -19.0M | -37.7M |
| Gain On Sale Of Ppe | -- | 0.00 | -71,010 | 108,375 |
| Impairment Of Capital Assets | -- | 0.00 | 797,326 | 0.00 |
| Net Income Continuous Operations | -14.3M | -12.6M | -19.0M | -37.7M |
| Net Non Operating Interest Income Expense | -1.2M | 105,094 | -27,133 | 26,413 |
| Other Gand A | 3.8M | 3.1M | 4.3M | 5.5M |
| Reconciled Cost Of Revenue | 1.1M | 1.3M | 1.2M | 721,624 |
| Salaries And Wages | 702,950 | 654,385 | 177,567 | 699,633 |
| Total Expenses | 14.5M | 14.9M | 28.0M | 42.4M |
| Total Other Finance Cost | -- | -105,094 | 27,133 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 14.8M | 8.5M | 5.7M | 12.6M |
| Cash Cash Equivalents And Short Term Investments | 17.0M | 8.5M | 5.7M | 12.6M |
| Cash Equivalents | 5.9M | 100,000 | 100,000 | 2.7M |
| Cash Financial | 8.9M | 8.4M | 5.6M | 9.9M |
| Other Short Term Investments | 2.2M | 0.00 | -- | -- |
| Receivables | 672,657 | 302,172 | 184,076 | 763,346 |
| Inventory | 158,654 | 216,411 | 38,203 | 76,026 |
| Prepaid Assets | 651,209 | 621,237 | 480,558 | 608,321 |
| Current Assets | 18.5M | 9.6M | 6.4M | 14.0M |
| Gross PPE | 30.1M | 30.5M | 39.3M | 44.9M |
| Accumulated Depreciation | -4.8M | -3.7M | -2.5M | -1.3M |
| Net PPE | 25.3M | 26.8M | 36.7M | 43.6M |
| Investments And Advances | -- | -- | 0.00 | 1.3M |
| Long Term Equity Investment | -- | -- | 0.00 | 1.3M |
| Other Non Current Assets | 1.5M | 1.5M | 1.5M | 1.5M |
| Total Non Current Assets | 26.8M | 28.3M | 38.2M | 46.7M |
| Total Assets | 45.2M | 37.9M | 44.6M | 60.7M |
| Current Debt | 217,753 | -- | -- | -- |
| Current Debt And Capital Lease Obligation | 452,694 | 111,176 | 268,134 | 301,362 |
| Accounts Payable | 2.2M | 4.2M | 1.4M | 2.5M |
| Payables | 2.2M | 4.2M | 1.4M | 2.5M |
| Payables And Accrued Expenses | 3.4M | 7.2M | 3.2M | 7.0M |
| Current Accrued Expenses | 1.3M | 3.0M | 1.8M | 4.5M |
| Current Deferred Revenue | 130,776 | 0.00 | -- | -- |
| Other Current Liabilities | -- | -- | -- | 159,675 |
| Current Liabilities | 4.0M | 7.3M | 3.6M | 7.5M |
| Long Term Debt | 5.6M | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 5.6M | 177,105 | 20,028 | 288,162 |
| Long Term Capital Lease Obligation | 26,556 | 177,105 | 20,028 | 288,162 |
| Other Non Current Liabilities | -- | 318,000 | 2.0M | 7.0M |
| Total Non Current Liabilities Net Minority Interest | 40.0M | 19.1M | 20.9M | 30.6M |
| Total Liabilities Net Minority Interest | 44.1M | 26.4M | 24.5M | 38.0M |
| Common Stock | 104.6M | 101.4M | 98.2M | 83.3M |
| Capital Stock | 104.6M | 101.4M | 98.2M | 83.3M |
| Retained Earnings | -110.9M | -97.0M | -87.7M | -69.1M |
| Common Stock Equity | 1.2M | 11.4M | 20.1M | 22.7M |
| Stockholders Equity | 1.2M | 11.4M | 20.1M | 22.7M |
| Total Equity Gross Minority Interest | 1.2M | 11.4M | 20.1M | 22.7M |
| Total Capitalization | 6.8M | 11.4M | 20.1M | 22.7M |
| Net Tangible Assets | 1.2M | 11.4M | 20.1M | 22.7M |
| Tangible Book Value | 1.2M | 11.4M | 20.1M | 22.7M |
| Working Capital | 14.4M | 2.3M | 2.9M | 6.6M |
| Invested Capital | 7.0M | 11.4M | 20.1M | 22.7M |
| Total Debt | 6.1M | 288,281 | 288,162 | 589,524 |
| Share Issued | 98.3M | 89.1M | 76.8M | 57.1M |
| Ordinary Shares Number | 98.3M | 89.1M | 76.8M | 57.1M |
| Buildings And Improvements | 6.2M | 6.2M | 5.9M | 5.8M |
| Capital Lease Obligations | 261,497 | 288,281 | 288,162 | 589,524 |
| Construction In Progress | 1.1M | 0.00 | -- | -- |
| Current Capital Lease Obligation | 234,941 | 111,176 | 268,134 | 301,362 |
| Current Deferred Liabilities | 130,776 | 0.00 | -- | -- |
| Investmentsin Associatesat Cost | -- | -- | 0.00 | 1.3M |
| Land And Improvements | 315,000 | 315,000 | 315,000 | 315,000 |
| Long Term Provisions | 18.2M | 18.6M | 19.0M | 23.3M |
| Machinery Furniture Equipment | 2.6M | 2.6M | 2.4M | 2.4M |
| Non Current Accounts Receivable | -- | -- | -- | 319,181 |
| Non Current Deferred Liabilities | 16.2M | 0.00 | -- | -- |
| Non Current Deferred Revenue | 16.2M | 0.00 | -- | -- |
| Other Current Borrowings | 217,753 | -- | -- | -- |
| Other Equity Interest | 7.5M | 7.0M | 9.7M | 8.5M |
| Other Properties | 19.9M | 21.5M | 30.7M | 36.3M |
| Other Receivables | 308,304 | 15,563 | 22,825 | 346,500 |
| Pensionand Other Post Retirement Benefit Plans Current | 0.00 | 9,847 | 114,368 | 159,675 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Taxes Receivable | 364,353 | 286,609 | 161,251 | 416,846 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -15.9M | -8.4M | -28.4M | -38.1M |
| Cash Flow From Continuing Operating Activities | -15.9M | -8.4M | -28.4M | -38.1M |
| Depreciation And Amortization | 1.1M | 1.3M | 1.2M | 721,624 |
| Depreciation Amortization Depletion | 1.1M | 1.3M | 1.2M | 721,624 |
| Stock Based Compensation | 889,991 | 722,436 | 196,390 | 1.3M |
| Deferred Tax | -498,000 | -2.0M | -8.6M | -5.5M |
| Deferred Income Tax | -498,000 | -2.0M | -8.6M | -5.5M |
| Change In Working Capital | -3.9M | 3.5M | -2.7M | 2.0M |
| Change In Receivables | -370,485 | -118,096 | 898,451 | -383,705 |
| Change In Inventory | 57,757 | -178,208 | 37,823 | -11,814 |
| Change In Payables And Accrued Expense | -3.6M | 3.9M | -3.8M | 2.6M |
| Other Non Cash Items | 1.4M | 695,952 | 508,833 | 256,768 |
| Capital Expenditure | -708,080 | -570,279 | -145,240 | -5.6M |
| Purchase Of PPE | -708,080 | -570,279 | -145,240 | -5.6M |
| Net PPE Purchase And Sale | -708,080 | 8.0M | -145,240 | -5.6M |
| Purchase Of Investment | -2.0M | 0.00 | -- | -- |
| Sale Of Investment | -- | 0.00 | 2.1M | 2.3M |
| Net Investment Purchase And Sale | -2.0M | 0.00 | 2.1M | 2.3M |
| Investing Cash Flow | -2.7M | 8.0M | 2.0M | 4.2M |
| Cash Flow From Continuing Investing Activities | -2.7M | 8.0M | 2.0M | 4.2M |
| Issuance Of Debt | 6.4M | 0.00 | -- | -- |
| Repayment Of Debt | -127,857 | -304,794 | -301,362 | -329,094 |
| Net Issuance Payments Of Debt | 6.3M | -304,794 | -301,362 | -329,094 |
| Issuance Of Capital Stock | 2.5M | 3.6M | 21.5M | 21.0M |
| Net Common Stock Issuance | 2.5M | 3.6M | 21.5M | 21.0M |
| Financing Cash Flow | 24.2M | 3.1M | 19.5M | 21.6M |
| Cash Flow From Continuing Financing Activities | 24.2M | 3.1M | 19.5M | 21.6M |
| Effect Of Exchange Rate Changes | 722,125 | 0.00 | -- | -- |
| Changes In Cash | 5.6M | 2.7M | -6.8M | -12.4M |
| Beginning Cash Position | 8.5M | 5.7M | 12.6M | 25.0M |
| End Cash Position | 14.8M | 8.5M | 5.7M | 12.6M |
| Free Cash Flow | -16.6M | -9.0M | -28.5M | -43.7M |
| Interest Paid Supplemental Data | 337,362 | 0.00 | -- | -- |
| Asset Impairment Charge | -- | 0.00 | 797,326 | 0.00 |
| Change In Prepaid Assets | -29,972 | -140,679 | 127,763 | -138,920 |
| Common Stock Issuance | 2.5M | 3.6M | 21.5M | 21.0M |
| Depreciation | 1.1M | 1.3M | 1.2M | 721,624 |
| Earnings Losses From Equity Investments | -- | 0.00 | 749,073 | 874,592 |
| Gain Loss On Investment Securities | 55,866 | -- | -- | -- |
| Gain Loss On Sale Of PPE | -- | -- | 0.00 | -108,375 |
| Long Term Debt Issuance | 6.4M | 0.00 | -- | -- |
| Long Term Debt Payments | -127,857 | -304,794 | -301,362 | -329,094 |
| Net Foreign Currency Exchange Gain Loss | -722,125 | 0.00 | -- | -- |
| Net Income From Continuing Operations | -14.3M | -12.6M | -19.0M | -37.7M |
| Net Intangibles Purchase And Sale | -- | -- | 0.00 | 7.5M |
| Net Long Term Debt Issuance | 6.3M | -304,794 | -301,362 | -329,094 |
| Net Other Financing Charges | 15.4M | -188,104 | -1.7M | -689,113 |
| Net Other Investing Changes | -- | -- | -45,000 | -50,520 |
| Operating Gains Losses | -666,259 | -- | 820,083 | 766,217 |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 1.6M |
| Sale Of Intangibles | -- | -- | 0.00 | 7.5M |
| Sale Of PPE | 0.00 | 8.6M | 0.00 | -- |
| Unrealized Gain Loss On Investment Securities | 75,000 | 0.00 | -1.6M | 0.00 |