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 | 942,208 | 112,148 | 96,460 | 114,960 |
| Gross Profit | -942,208 | -112,148 | -96,460 | -114,960 |
| Selling General And Administration | 3.4M | 4.6M | 3.2M | 3.7M |
| General And Administrative Expense | 3.0M | 4.0M | 3.0M | 3.4M |
| Research And Development | 5.5M | 132,217 | 1.1M | 1.4M |
| Other Operating Expenses | 596,208 | 686,366 | 470,698 | 506,125 |
| Operating Expense | 9.4M | 5.4M | 4.8M | 5.6M |
| Operating Income | -10.4M | -5.5M | -4.8M | -5.7M |
| EBIT | -10.9M | -6.5M | -4.9M | -5.0M |
| Interest Expense | 2.6M | 1.1M | 533,673 | 469,159 |
| Interest Expense Non Operating | 2.6M | 1.1M | 533,673 | 469,159 |
| Interest Income | 6,231 | 13,955 | 3,295 | 9,253 |
| Interest Income Non Operating | 6,231 | 13,955 | 3,295 | 9,253 |
| Net Interest Income | -2.8M | -1.4M | -750,283 | -459,906 |
| Other Income Expense | -350,215 | -620,085 | 129,646 | 667,100 |
| Other Non Operating Income Expenses | -21,922 | -- | -- | -533,941 |
| Special Income Charges | -238,190 | -673,437 | 196,591 | 1.2M |
| Gain On Sale Of Security | -90,103 | 53,352 | -66,945 | -14,677 |
| Pretax Income | -13.5M | -7.6M | -5.5M | -5.5M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -13.5M | -7.6M | -5.5M | -5.5M |
| Net Income From Continuing Operation Net Minority Interest | -13.5M | -7.6M | -5.5M | -5.5M |
| Net Income Including Noncontrolling Interests | -13.5M | -7.6M | -5.5M | -5.5M |
| Net Income Common Stockholders | -13.5M | -7.6M | -5.5M | -5.5M |
| Net Income | -13.5M | -7.6M | -5.5M | -5.5M |
| EBITDA | -8.1M | -6.3M | -4.8M | -4.9M |
| Normalized EBITDA | -7.8M | -5.7M | -4.9M | -6.1M |
| Reconciled Depreciation | 2.7M | 178,840 | 129,425 | 114,960 |
| Basic EPS | -0.22 | -0.13 | -0.11 | -0.11 |
| Diluted EPS | -0.22 | -0.13 | -0.11 | -0.11 |
| Basic Average Shares | 62.5M | 58.6M | 49.3M | 48.2M |
| Diluted Average Shares | 62.5M | 58.6M | 49.3M | 48.2M |
| Total Unusual Items | -328,293 | -620,085 | 129,646 | 1.2M |
| Total Unusual Items Excluding Goodwill | -328,293 | -620,085 | 129,646 | 1.2M |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -13.1M | -7.0M | -5.6M | -6.7M |
| Diluted NI Availto Com Stockholders | -13.5M | -7.6M | -5.5M | -5.5M |
| Gain On Sale Of Ppe | -- | -- | 0.00 | 1.5M |
| Net Income Continuous Operations | -13.5M | -7.6M | -5.5M | -5.5M |
| Net Non Operating Interest Income Expense | -2.8M | -1.4M | -750,283 | -459,906 |
| Other Gand A | 1.3M | 1.3M | 709,469 | 640,482 |
| Other Special Charges | 238,190 | 673,437 | -196,591 | 275,827 |
| Reconciled Cost Of Revenue | 942,208 | 112,148 | 96,460 | 114,960 |
| Rent And Landing Fees | -- | 251,248 | 219,011 | 365,431 |
| Rent Expense Supplemental | -- | 251,248 | 219,011 | 365,431 |
| Salaries And Wages | 1.7M | 2.8M | 2.3M | 2.8M |
| Selling And Marketing Expense | 326,591 | 579,973 | 244,939 | 277,319 |
| Total Expenses | 10.4M | 5.5M | 4.8M | 5.7M |
| Total Other Finance Cost | 142,071 | 333,395 | 219,905 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 627,522 | 248,382 | 2.3M | 3.3M |
| Cash Cash Equivalents And Short Term Investments | 627,522 | 248,382 | 2.3M | 3.3M |
| Cash Financial | 627,522 | 248,382 | 2.3M | 3.3M |
| Other Short Term Investments | -- | 0.00 | 1,500 | 1,000 |
| Receivables | 3.2M | 1.8M | 433,511 | 292,670 |
| Prepaid Assets | -- | -- | -- | 233,347 |
| Other Current Assets | 359,215 | 542,439 | 235,568 | 233,347 |
| Current Assets | 4.2M | 2.6M | 2.9M | 3.9M |
| Gross PPE | 53.4M | 50.9M | 42.9M | 38.1M |
| Accumulated Depreciation | -3.1M | -940,321 | -776,258 | -646,834 |
| Net PPE | 50.3M | 49.9M | 42.2M | 37.4M |
| Goodwill And Other Intangible Assets | 7.5M | 8.1M | 8.1M | 8.1M |
| Other Intangible Assets | 7.5M | 8.1M | 8.1M | 8.1M |
| Other Non Current Assets | 73,581 | 67,823 | 69,328 | 55,995 |
| Total Non Current Assets | 57.9M | 58.1M | 50.3M | 45.6M |
| Total Assets | 62.1M | 60.6M | 53.2M | 49.4M |
| Current Debt | 2.8M | 1.3M | 1.3M | 1.1M |
| Current Debt And Capital Lease Obligation | 2.9M | 1.4M | 1.3M | 91,353 |
| Payables And Accrued Expenses | 5.3M | 2.7M | 1.5M | 902,837 |
| Current Liabilities | 8.2M | 4.1M | 2.7M | 994,190 |
| Long Term Debt | 9.3M | 4.1M | 2.2M | 2.3M |
| Long Term Debt And Capital Lease Obligation | 12.2M | 7.1M | 2.3M | 2.4M |
| Long Term Capital Lease Obligation | 2.9M | 3.0M | 87,250 | 87,250 |
| Total Non Current Liabilities Net Minority Interest | 12.2M | 7.4M | 2.3M | 2.4M |
| Total Liabilities Net Minority Interest | 20.4M | 11.5M | 5.0M | 3.4M |
| Common Stock | 92.9M | 90.8M | 86.7M | 84.3M |
| Capital Stock | 92.9M | 90.8M | 86.7M | 84.3M |
| Additional Paid In Capital | 29.9M | 28.9M | 25.8M | 24.0M |
| Retained Earnings | -96.6M | -82.4M | -74.8M | -69.3M |
| Gains Losses Not Affecting Retained Earnings | 6.6M | 4.7M | 5.6M | 3.9M |
| Common Stock Equity | 41.6M | 49.1M | 48.2M | 46.0M |
| Stockholders Equity | 41.6M | 49.1M | 48.2M | 46.0M |
| Total Equity Gross Minority Interest | 41.6M | 49.1M | 48.2M | 46.0M |
| Total Capitalization | 51.0M | 53.2M | 50.4M | 48.4M |
| Net Tangible Assets | 34.1M | 41.0M | 40.1M | 37.9M |
| Tangible Book Value | 34.1M | 41.0M | 40.1M | 37.9M |
| Working Capital | -4.0M | -1.6M | 185,514 | 2.9M |
| Invested Capital | 53.8M | 54.5M | 51.7M | 48.4M |
| Total Debt | 15.1M | 8.5M | 3.5M | 2.5M |
| Net Debt | 11.5M | 5.1M | 1.2M | -- |
| Share Issued | 66.9M | 61.8M | 56.1M | 49.1M |
| Ordinary Shares Number | 66.9M | 61.8M | 56.1M | 49.1M |
| Buildings And Improvements | 715,463 | 715,463 | 416,201 | 416,201 |
| Capital Lease Obligations | 3.0M | 3.1M | 87,250 | 178,603 |
| Construction In Progress | 660,246 | 531,730 | 0.00 | -- |
| Current Capital Lease Obligation | 137,819 | 160,362 | 0.00 | 91,353 |
| Machinery Furniture Equipment | 7.5M | 7.5M | 2.6M | 256,330 |
| Non Current Deferred Liabilities | 0.00 | 339,450 | 0.00 | -- |
| Other Current Borrowings | 2.8M | 1.3M | 1.3M | 1.1M |
| Other Equity Interest | 8.9M | 7.0M | 5.0M | 3.2M |
| Other Properties | 3.6M | 3.4M | 68,559 | 67,043 |
| Other Receivables | 2.8M | 1.3M | -- | -- |
| Properties | 41.6M | 39.2M | 39.8M | 37.3M |
| Taxes Receivable | 348,581 | 497,384 | 433,511 | 292,670 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -5.7M | -4.0M | -4.5M | -5.4M |
| Cash Flow From Continuing Operating Activities | -5.7M | -4.0M | -4.5M | -5.4M |
| Depreciation And Amortization | 2.7M | 178,840 | 129,425 | 114,960 |
| Depreciation Amortization Depletion | 2.7M | 178,840 | 129,425 | 114,960 |
| Stock Based Compensation | 589,918 | 1.5M | 747,316 | 395,715 |
| Change In Working Capital | 1.3M | 211,718 | -250,005 | 19,371 |
| Change In Receivables | -2.9M | 63,108 | -27,821 | -137,843 |
| Change In Payables And Accrued Expense | 4.5M | 115,855 | -216,949 | 160,285 |
| Change In Other Working Capital | -339,450 | 339,450 | -- | -- |
| Other Non Cash Items | 2.0M | 1.0M | 538,684 | 779,162 |
| Capital Expenditure | -783,533 | -5.9M | -2.4M | -359,242 |
| Purchase Of PPE | -783,533 | -5.9M | -2.4M | -359,242 |
| Net PPE Purchase And Sale | -783,533 | -5.9M | -2.4M | 1.1M |
| Sale Of Investment | 0.00 | 500.00 | 0.00 | 65,877 |
| Net Investment Purchase And Sale | 0.00 | 500.00 | 0.00 | 65,877 |
| Investing Cash Flow | -783,533 | -5.9M | -2.4M | 1.2M |
| Cash Flow From Continuing Investing Activities | -783,533 | -5.9M | -2.4M | 1.2M |
| Issuance Of Debt | 6.0M | 3.0M | 2.6M | 0.00 |
| Repayment Of Debt | -462,323 | -96,446 | -1.2M | -78,700 |
| Net Issuance Payments Of Debt | 5.5M | 2.9M | 1.4M | -78,700 |
| Issuance Of Capital Stock | 2.3M | 4.3M | 4.4M | 6.6M |
| Net Common Stock Issuance | 2.3M | 4.3M | 4.4M | 6.6M |
| Financing Cash Flow | 6.8M | 7.8M | 5.8M | 6.6M |
| Cash Flow From Continuing Financing Activities | 6.8M | 7.8M | 5.8M | 6.6M |
| Effect Of Exchange Rate Changes | 1,693 | 175.00 | 4,856 | 73.00 |
| Changes In Cash | 377,447 | -2.0M | -1.1M | 2.3M |
| Beginning Cash Position | 248,382 | 2.3M | 3.3M | 1.0M |
| End Cash Position | 627,522 | 248,382 | 2.3M | 3.3M |
| Free Cash Flow | -6.5M | -9.9M | -6.9M | -5.8M |
| Amortization Cash Flow | 2.7M | 178,840 | 129,425 | 114,960 |
| Amortization Of Intangibles | 2.7M | 178,840 | 129,425 | 114,960 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | 85,483 | -306,695 | -5,235 | -3,071 |
| Common Stock Issuance | 2.3M | 4.3M | 4.4M | 6.6M |
| Gain Loss On Investment Securities | -548,514 | 13,392 | -132,492 | 31,599 |
| Gain Loss On Sale Of PPE | -- | -- | 0.00 | -1.5M |
| Interest Paid Cff | -1.1M | -15,941 | -11,349 | -25,072 |
| Long Term Debt Issuance | 6.0M | 3.0M | 2.6M | 0.00 |
| Long Term Debt Payments | -462,323 | -96,446 | -1.2M | -78,700 |
| Net Foreign Currency Exchange Gain Loss | 588,567 | -125,961 | 167,758 | -2,462 |
| Net Income From Continuing Operations | -13.5M | -7.6M | -5.5M | -5.5M |
| Net Intangibles Purchase And Sale | -- | -- | -- | 0.00 |
| Net Long Term Debt Issuance | 5.5M | 2.9M | 1.4M | -78,700 |
| Net Other Investing Changes | -- | -- | -8,986 | -- |
| Operating Gains Losses | 1.2M | 728,442 | -161,325 | -1.2M |
| Proceeds From Stock Option Exercised | 111,084 | 642,050 | 0.00 | 83,998 |
| Purchase Of Intangibles | -- | -- | -- | 0.00 |
| Sale Of PPE | -- | -- | 0.00 | 1.5M |
| Unrealized Gain Loss On Investment Securities | -- | -- | 0.00 | -39,043 |