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 | 95,172 | 49,183 | 68,167 | 0.00 |
| Operating Revenue | 95,172 | 49,183 | 68,167 | 0.00 |
| Cost Of Revenue | 0.00 | 6,749 | 10,359 | 0.00 |
| Gross Profit | 95,172 | 42,434 | 57,808 | 0.00 |
| Selling General And Administration | 3.9M | 3.9M | 3.9M | 3.2M |
| General And Administrative Expense | 2.6M | 2.8M | 3.1M | 2.7M |
| Research And Development | 969,243 | 1.1M | 1.1M | 457,341 |
| Depreciation And Amortization In Income Statement | -- | -- | 43,200 | 37,126 |
| Other Operating Expenses | -- | -64,594 | -107,888 | -73,701 |
| Operating Expense | 4.9M | 4.9M | 4.9M | 3.6M |
| Operating Income | -4.8M | -4.9M | -4.8M | -3.6M |
| EBIT | -4.8M | -4.8M | -4.8M | -3.9M |
| Interest Expense | 179,716 | 58,430 | 28,162 | 12,960 |
| Interest Expense Non Operating | 179,716 | 58,430 | 28,162 | 12,960 |
| Interest Income | 9,254 | 76,585 | 25,177 | 50,872 |
| Interest Income Non Operating | 9,254 | 76,585 | 25,177 | 50,872 |
| Net Interest Income | -177,930 | 10,063 | -9,963 | 31,968 |
| Other Income Expense | -23,302 | -16,096 | -60,000 | -277,549 |
| Other Non Operating Income Expenses | -- | -- | 107,888 | 79,969 |
| Special Income Charges | 7,578 | 0.00 | 0.00 | -83,147 |
| Write Off | -- | -- | -- | 0.00 |
| Gain On Sale Of Security | -30,880 | -16,096 | -60,000 | -194,402 |
| Pretax Income | -5.0M | -4.9M | -4.9M | -3.9M |
| Tax Provision | -83,475 | 0.00 | -- | -- |
| Tax Effect Of Unusual Items | -388.79 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -4.9M | -4.9M | -4.9M | -3.9M |
| Net Income From Continuing Operation Net Minority Interest | -4.9M | -4.9M | -4.9M | -3.9M |
| Net Income Including Noncontrolling Interests | -4.9M | -4.9M | -4.9M | -3.9M |
| Net Income Common Stockholders | -4.9M | -4.9M | -4.9M | -3.9M |
| Net Income | -4.9M | -4.9M | -4.9M | -3.9M |
| EBITDA | -4.8M | -4.7M | -4.8M | -3.8M |
| Normalized EBITDA | -4.7M | -4.7M | -4.7M | -3.5M |
| Reconciled Depreciation | 62,871 | 66,667 | 50,904 | 48,812 |
| Basic EPS | -0.03 | -0.03 | -0.03 | -0.03 |
| Diluted EPS | -0.03 | -0.03 | -0.03 | -0.03 |
| Basic Average Shares | 158.3M | 156.8M | 156.0M | 136.1M |
| Diluted Average Shares | 158.3M | 156.8M | 156.0M | 136.1M |
| Total Unusual Items | -23,302 | -16,096 | -60,000 | -277,549 |
| Total Unusual Items Excluding Goodwill | -23,302 | -16,096 | -60,000 | -277,549 |
| Tax Rate For Calcs | 0.02 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -4.9M | -4.9M | -4.8M | -3.6M |
| Depreciation Amortization Depletion Income Statement | -- | -- | 43,200 | 37,126 |
| Depreciation Income Statement | -- | -- | 43,200 | 37,126 |
| Diluted NI Availto Com Stockholders | -4.9M | -4.9M | -4.9M | -3.9M |
| Net Income Continuous Operations | -4.9M | -4.9M | -4.9M | -3.9M |
| Net Non Operating Interest Income Expense | -177,930 | 10,063 | -9,963 | 31,968 |
| Other Gand A | 2.6M | 2.8M | 3.1M | 1.8M |
| Other Special Charges | -7,578 | -- | -- | 83,147 |
| Reconciled Cost Of Revenue | 0.00 | 6,749 | 10,359 | 0.00 |
| Salaries And Wages | -- | -- | 744,864 | 875,698 |
| Selling And Marketing Expense | 1.4M | 1.1M | 819,743 | 527,622 |
| Total Expenses | 4.9M | 4.9M | 4.9M | 3.6M |
| Total Operating Income As Reported | -4.8M | -4.9M | -4.9M | -3.7M |
| Total Other Finance Cost | 7,468 | 8,092 | 6,978 | 5,944 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 60,547 | 1.3M | 5.2M | 9.3M |
| Cash Cash Equivalents And Short Term Investments | 60,547 | 1.3M | 5.2M | 9.3M |
| Cash Financial | -- | -- | 5.2M | 9.3M |
| Accounts Receivable | 27,680 | 0.00 | 43,567 | 0.00 |
| Receivables | 251,183 | 285,499 | 374,178 | 197,494 |
| Prepaid Assets | 162,567 | 56,942 | 103,487 | 35,871 |
| Current Assets | 474,297 | 1.6M | 5.7M | 9.5M |
| Gross PPE | 183,727 | 246,598 | 313,265 | 194,603 |
| Accumulated Depreciation | -- | -- | -161,224 | -152,083 |
| Net PPE | 183,727 | 246,598 | 313,265 | 42,520 |
| Total Non Current Assets | 183,727 | 246,598 | 313,265 | 42,520 |
| Total Assets | 658,024 | 1.9M | 6.0M | 9.5M |
| Current Debt | 1.4M | 60,431 | 49,827 | -- |
| Current Debt And Capital Lease Obligation | 1.4M | 115,450 | 91,642 | 34,592 |
| Accounts Payable | 1.7M | 948,553 | 841,973 | 988,587 |
| Payables | 1.7M | 948,553 | 841,973 | 988,587 |
| Payables And Accrued Expenses | 2.0M | 1.2M | 964,106 | 1.1M |
| Current Accrued Expenses | 294,975 | 300,884 | 122,133 | 62,280 |
| Current Deferred Revenue | 10,263 | 31,806 | 0.00 | -- |
| Current Liabilities | 3.4M | 1.4M | 1.1M | 1.1M |
| Long Term Debt | 58,779 | 77,627 | 93,058 | 125,377 |
| Long Term Debt And Capital Lease Obligation | 212,398 | 296,986 | 367,436 | 125,377 |
| Long Term Capital Lease Obligation | 153,619 | 219,359 | 274,378 | 0.00 |
| Total Non Current Liabilities Net Minority Interest | 212,398 | 296,986 | 367,436 | 125,377 |
| Total Liabilities Net Minority Interest | 3.6M | 1.7M | 1.4M | 1.2M |
| Common Stock | 43.8M | 42.7M | 42.7M | 42.2M |
| Capital Stock | 43.8M | 42.7M | 42.7M | 42.2M |
| Additional Paid In Capital | 11.6M | 10.9M | 10.4M | 9.8M |
| Retained Earnings | -58.4M | -53.5M | -48.6M | -43.7M |
| Gains Losses Not Affecting Retained Earnings | 45,242 | 93,063 | 78,238 | 112,337 |
| Other Equity Adjustments | 45,242 | 93,063 | 78,238 | 112,337 |
| Common Stock Equity | -3.0M | 189,706 | 4.6M | 8.3M |
| Stockholders Equity | -3.0M | 189,706 | 4.6M | 8.3M |
| Total Equity Gross Minority Interest | -3.0M | 189,706 | 4.6M | 8.3M |
| Total Capitalization | -2.9M | 267,333 | 4.6M | 8.5M |
| Net Tangible Assets | -3.0M | 189,706 | 4.6M | 8.3M |
| Tangible Book Value | -3.0M | 189,706 | 4.6M | 8.3M |
| Working Capital | -3.0M | 240,094 | 4.6M | 8.4M |
| Invested Capital | -1.6M | 327,764 | 4.7M | 8.5M |
| Total Debt | 1.6M | 412,436 | 459,078 | 159,969 |
| Net Debt | 1.4M | -- | -- | -- |
| Share Issued | 162.0M | 156.8M | 156.8M | 155.6M |
| Ordinary Shares Number | 162.0M | 156.8M | 156.8M | 155.6M |
| Buildings And Improvements | 183,727 | 245,137 | 306,380 | 26,494 |
| Capital Lease Obligations | 219,359 | 274,378 | 316,193 | 34,592 |
| Current Capital Lease Obligation | 65,740 | 55,019 | 41,815 | 34,592 |
| Current Deferred Liabilities | 10,263 | 31,806 | 0.00 | -- |
| Interest Payable | 64,201 | 0.00 | -- | 0.00 |
| Other Current Borrowings | 1.4M | 60,431 | 49,827 | -- |
| Other Properties | -- | 1,461 | 6,885 | 168,109 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Taxes Receivable | 223,503 | 285,499 | 330,611 | 197,494 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -3.4M | -3.8M | -4.1M | -3.1M |
| Cash Flow From Continuing Operating Activities | -3.4M | -3.8M | -4.1M | -3.1M |
| Depreciation And Amortization | 62,871 | 66,667 | 50,904 | 48,812 |
| Depreciation Amortization Depletion | 62,871 | 66,667 | 50,904 | 48,812 |
| Stock Based Compensation | 684,463 | 493,302 | 798,053 | 898,300 |
| Deferred Tax | -83,475 | 0.00 | -- | -- |
| Deferred Income Tax | -83,475 | 0.00 | -- | -- |
| Change In Working Capital | 698,636 | 452,361 | -331,061 | -462,586 |
| Changes In Account Receivables | 34,316 | 88,679 | -176,684 | -- |
| Change In Receivables | 34,316 | 88,679 | -176,684 | -32,153 |
| Change In Inventory | -- | -- | -- | 0.00 |
| Change In Payables And Accrued Expense | 791,488 | 285,331 | -86,761 | -417,690 |
| Change In Payable | -- | 285,331 | -86,761 | -396,048 |
| Change In Other Working Capital | -21,543 | 31,806 | -- | -- |
| Other Non Cash Items | 178,457 | 55,713 | 218,162 | -26,457 |
| Capital Expenditure | -- | -- | -- | -4,257 |
| Purchase Of PPE | -- | -- | 0.00 | -4,257 |
| Net PPE Purchase And Sale | -- | -- | 0.00 | -4,257 |
| Investing Cash Flow | -- | -- | 0.00 | -4,257 |
| Cash Flow From Continuing Investing Activities | -- | -- | 0.00 | -4,257 |
| Issuance Of Debt | 1.7M | 0.00 | -- | 0.00 |
| Repayment Of Debt | -157,588 | -102,355 | -50,701 | -48,866 |
| Net Issuance Payments Of Debt | 1.5M | -102,355 | -50,701 | -48,866 |
| Issuance Of Capital Stock | 554,925 | 0.00 | 0.00 | 8.1M |
| Net Common Stock Issuance | 554,925 | 0.00 | 0.00 | 8.1M |
| Financing Cash Flow | 2.2M | -102,355 | 87,649 | 11.9M |
| Cash Flow From Continuing Financing Activities | 2.2M | -102,355 | 87,649 | 11.9M |
| Effect Of Exchange Rate Changes | -47,821 | 14,825 | -34,100 | 3,488 |
| Changes In Cash | -1.2M | -3.9M | -4.0M | 8.7M |
| Beginning Cash Position | 1.3M | 5.2M | 9.3M | 526,026 |
| End Cash Position | 60,547 | 1.3M | 5.2M | 9.3M |
| Free Cash Flow | -3.4M | -3.8M | -4.1M | -3.2M |
| Asset Impairment Charge | -- | -- | -- | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | -- | -- |
| Change In Account Payable | -- | 285,331 | -86,761 | -396,048 |
| Change In Accrued Expense | -- | -- | 0.00 | -21,642 |
| Change In Interest Payable | -- | -- | 0.00 | -21,642 |
| Change In Prepaid Assets | -105,625 | 46,545 | -67,616 | -12,743 |
| Common Stock Issuance | 554,925 | 0.00 | 0.00 | 8.1M |
| Depreciation | 62,871 | 66,667 | 50,904 | 48,812 |
| Gain Loss On Investment Securities | -- | -- | -- | 193,050 |
| Interest Paid Cff | -14,922 | 0.00 | -- | -- |
| Long Term Debt Issuance | -- | -- | -- | 0.00 |
| Long Term Debt Payments | -157,588 | -102,355 | -50,701 | -48,866 |
| Net Income From Continuing Operations | -4.9M | -4.9M | -4.9M | -3.9M |
| Net Long Term Debt Issuance | -157,588 | -102,355 | -50,701 | -48,866 |
| Net Other Financing Charges | -159,571 | -- | -- | -750,714 |
| Net Short Term Debt Issuance | 1.7M | 0.00 | -- | -- |
| Operating Gains Losses | -7,578 | -- | -- | 276,197 |
| Proceeds From Stock Option Exercised | 302,377 | 0.00 | 138,350 | 4.6M |
| Short Term Debt Issuance | 1.7M | 0.00 | -- | -- |