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 | 3.5M | 6.6M | 10.8M | 16.2M |
| Operating Revenue | 3.5M | 6.6M | 10.8M | 16.2M |
| Cost Of Revenue | 4.0M | 6.2M | 9.0M | 13.2M |
| Gross Profit | -517,000 | 392,000 | 1.8M | 3.0M |
| Selling General And Administration | 1.3M | 2.7M | 3.6M | 3.7M |
| General And Administrative Expense | 1.1M | 2.2M | 2.9M | 2.4M |
| Depreciation And Amortization In Income Statement | 338,000 | 252,000 | 249,000 | 194,000 |
| Operating Expense | 3.0M | 3.5M | 3.9M | 3.9M |
| Operating Income | -3.6M | -3.1M | -2.1M | -946,000 |
| EBIT | -3.3M | -3.4M | 2.2M | -5.2M |
| Interest Expense | 326,000 | 293,000 | 199,000 | 148,000 |
| Interest Expense Non Operating | 326,000 | 293,000 | 199,000 | 148,000 |
| Interest Income | -- | -- | 0.00 | 9,000 |
| Interest Income Non Operating | -- | -- | 0.00 | 9,000 |
| Net Interest Income | -326,000 | -293,000 | -199,000 | -225,000 |
| Other Income Expense | 237,000 | -267,000 | 4.3M | -4.1M |
| Other Non Operating Income Expenses | 580,000 | -- | -- | -- |
| Special Income Charges | -140,000 | -1.3M | 0.00 | -- |
| Restructuring And Mergern Acquisition | -580,000 | 0.00 | -- | -- |
| Gain On Sale Of Security | 377,000 | 1.0M | 4.3M | -4.1M |
| Pretax Income | -3.6M | -3.7M | 2.0M | -5.3M |
| Tax Provision | 0.00 | -48,000 | -65,000 | -5,000 |
| Tax Effect Of Unusual Items | 0.00 | -3,491 | 1.1M | -3,897 |
| Net Income From Continuing And Discontinued Operation | -3.7M | -3.2M | 2.1M | -5.4M |
| Net Income From Continuing Operation Net Minority Interest | -3.7M | -3.2M | 2.1M | -5.4M |
| Net Income Including Noncontrolling Interests | -3.6M | -3.6M | 2.1M | -5.3M |
| Minority Interests | -55,000 | 397,000 | -4,000 | -109,000 |
| Net Income Common Stockholders | -3.7M | -3.2M | 2.1M | -5.4M |
| Net Income | -3.7M | -3.2M | 2.1M | -5.4M |
| EBITDA | -2.9M | -3.1M | 2.5M | -5.0M |
| Normalized EBITDA | -3.2M | -2.8M | -1.8M | -829,000 |
| Reconciled Depreciation | 374,000 | 265,000 | 262,000 | 194,000 |
| Basic EPS | -0.25 | -0.24 | 0.14 | -0.45 |
| Diluted EPS | -0.25 | -0.24 | 0.11 | -0.45 |
| Basic Average Shares | 14.9M | 14.8M | 14.5M | 11.8M |
| Diluted Average Shares | 14.9M | 14.8M | 19.1M | 11.8M |
| Total Unusual Items | 237,000 | -267,000 | 4.3M | -4.1M |
| Total Unusual Items Excluding Goodwill | 237,000 | -267,000 | 4.3M | -4.1M |
| Tax Rate For Calcs | 0.00 | 0.01 | 0.26 | 0.00 |
| Normalized Income | -3.9M | -3.0M | -1.1M | -1.3M |
| Depreciation Amortization Depletion Income Statement | 338,000 | 252,000 | 249,000 | 194,000 |
| Depreciation Income Statement | -- | -- | -- | 194,000 |
| Diluted NI Availto Com Stockholders | -3.7M | -3.2M | 2.1M | -5.4M |
| Impairment Of Capital Assets | 129,000 | 1.3M | 0.00 | -- |
| Net Income Continuous Operations | -3.6M | -3.6M | 2.1M | -5.3M |
| Net Non Operating Interest Income Expense | -326,000 | -293,000 | -199,000 | -225,000 |
| Other Gand A | 529,000 | 1.1M | 1.4M | 959,000 |
| Other Special Charges | 591,000 | -- | -- | -- |
| Provision For Doubtful Accounts | 1.5M | 590,000 | 0.00 | -- |
| Reconciled Cost Of Revenue | 4.0M | 6.2M | 9.0M | 13.2M |
| Salaries And Wages | 530,000 | 1.0M | 1.5M | 1.5M |
| Selling And Marketing Expense | 195,000 | 487,000 | 682,000 | 1.3M |
| Total Expenses | 7.0M | 9.7M | 12.9M | 17.1M |
| Total Operating Income As Reported | -4.3M | -4.4M | -2.1M | -946,000 |
| Total Other Finance Cost | -- | -- | -- | 86,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 21,000 | 199,000 | 1.1M | 2.6M |
| Cash Cash Equivalents And Short Term Investments | 21,000 | 199,000 | 1.1M | 2.6M |
| Accounts Receivable | 4,000 | 1.3M | 2.4M | 4.4M |
| Receivables | 19,000 | 1.6M | 2.6M | 5.1M |
| Inventory | 163,000 | 1.7M | 2.2M | 2.0M |
| Prepaid Assets | 58,000 | 233,000 | 932,000 | 0.00 |
| Other Current Assets | -- | -- | 31,000 | -- |
| Current Assets | 365,000 | 3.7M | 6.9M | 9.7M |
| Gross PPE | 531,000 | 922,000 | 956,000 | 855,000 |
| Accumulated Depreciation | -531,000 | -589,000 | -542,000 | -494,000 |
| Net PPE | 0.00 | 333,000 | 414,000 | 361,000 |
| Goodwill | 0.00 | 129,000 | 916,000 | 916,000 |
| Goodwill And Other Intangible Assets | 0.00 | 304,000 | 1.7M | 1.9M |
| Other Intangible Assets | -- | 175,000 | 808,000 | 959,000 |
| Total Non Current Assets | 0.00 | 747,000 | 2.3M | 2.4M |
| Total Assets | 365,000 | 4.4M | 9.2M | 12.1M |
| Current Debt | 1.0M | 2.2M | 1.7M | 885,000 |
| Current Debt And Capital Lease Obligation | 1.0M | 2.2M | 1.8M | 903,000 |
| Accounts Payable | 2.1M | 2.2M | 2.7M | 4.3M |
| Payables | 2.2M | 2.5M | 2.7M | 4.6M |
| Payables And Accrued Expenses | 2.4M | 2.5M | 2.8M | 4.7M |
| Current Accrued Expenses | 180,000 | 29,000 | 44,000 | 72,000 |
| Current Deferred Revenue | 10,000 | 54,000 | 94,000 | 339,000 |
| Other Current Liabilities | -- | -- | -31,000 | -- |
| Current Liabilities | 4.1M | 4.9M | 4.8M | 6.1M |
| Long Term Debt | 861,000 | 102,000 | 645,000 | 489,000 |
| Long Term Debt And Capital Lease Obligation | 861,000 | 138,000 | 655,000 | 515,000 |
| Long Term Capital Lease Obligation | 0.00 | 36,000 | 10,000 | 26,000 |
| Other Non Current Liabilities | 700,000 | 1.1M | 1.1M | 1.1M |
| Total Non Current Liabilities Net Minority Interest | 1.6M | 1.2M | 2.7M | 6.8M |
| Total Liabilities Net Minority Interest | 5.7M | 6.1M | 7.5M | 12.9M |
| Common Stock | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Paid In Capital | 7.5M | 7.5M | 7.3M | 6.8M |
| Retained Earnings | -12.8M | -9.0M | -5.8M | -7.9M |
| Gains Losses Not Affecting Retained Earnings | 188,000 | 187,000 | 200,000 | 252,000 |
| Common Stock Equity | -5.0M | -1.3M | 1.7M | -831,000 |
| Stockholders Equity | -5.0M | -1.3M | 1.7M | -831,000 |
| Total Equity Gross Minority Interest | -5.3M | -1.6M | 1.8M | -768,000 |
| Minority Interest | -275,000 | -330,000 | 67,000 | 63,000 |
| Total Capitalization | -4.2M | -1.2M | 2.4M | -342,000 |
| Net Tangible Assets | -5.0M | -1.6M | -13,000 | -2.7M |
| Tangible Book Value | -5.0M | -1.6M | -13,000 | -2.7M |
| Working Capital | -3.7M | -1.2M | 2.1M | 3.6M |
| Invested Capital | -3.1M | 977,000 | 4.1M | 543,000 |
| Total Debt | 1.9M | 2.3M | 2.4M | 1.4M |
| Net Debt | 1.9M | 2.1M | 1.3M | -- |
| Share Issued | 14.9M | 14.9M | 14.6M | 14.4M |
| Ordinary Shares Number | 14.9M | 14.9M | 14.6M | 14.4M |
| Capital Lease Obligations | 0.00 | 69,000 | 27,000 | 44,000 |
| Current Capital Lease Obligation | 0.00 | 33,000 | 17,000 | 18,000 |
| Current Deferred Liabilities | 10,000 | 54,000 | 94,000 | 339,000 |
| Current Provisions | 591,000 | -- | -- | -- |
| Derivative Product Liabilities | -- | 9,000 | 839,000 | 5.0M |
| Dueto Related Parties Current | -- | 0.00 | 31,000 | -- |
| Finished Goods | 163,000 | 1.7M | 2.2M | 2.0M |
| Leases | 164,000 | 164,000 | 153,000 | 129,000 |
| Line Of Credit | 579,000 | 765,000 | 586,000 | 0.00 |
| Machinery Furniture Equipment | 185,000 | 413,000 | 509,000 | 437,000 |
| Non Current Accounts Receivable | -- | 110,000 | 114,000 | 125,000 |
| Non Current Deferred Assets | -- | 0.00 | 88,000 | 39,000 |
| Non Current Deferred Taxes Assets | -- | 0.00 | 88,000 | 39,000 |
| Other Current Borrowings | 470,000 | 1.4M | 1.2M | 885,000 |
| Other Payable | 125,000 | 263,000 | 41,000 | 271,000 |
| Other Properties | 182,000 | 345,000 | 294,000 | 289,000 |
| Other Receivables | 15,000 | 305,000 | 198,000 | 666,000 |
| Pensionand Other Post Retirement Benefit Plans Current | 90,000 | 110,000 | 143,000 | 157,000 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Restricted Cash | 104,000 | 14,000 | 14,000 | 66,000 |
| Tradeand Other Payables Non Current | 0.00 | 0.00 | 135,000 | 158,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -19,000 | -1.4M | -2.9M | -1.3M |
| Cash Flow From Continuing Operating Activities | -19,000 | -1.4M | -2.9M | -1.3M |
| Depreciation And Amortization | 374,000 | 265,000 | 262,000 | 194,000 |
| Depreciation Amortization Depletion | 374,000 | 265,000 | 262,000 | 194,000 |
| Stock Based Compensation | -- | -- | 0.00 | 528,000 |
| Deferred Tax | -- | -- | -72,000 | -6,000 |
| Deferred Income Tax | -- | -- | -72,000 | -6,000 |
| Change In Working Capital | 3.8M | 1.9M | -1.0M | -913,000 |
| Changes In Account Receivables | 1.3M | 1.1M | 2.0M | -1.0M |
| Change In Receivables | 1.8M | 1.1M | 2.2M | -1.1M |
| Change In Inventory | 1.5M | 588,000 | -288,000 | -921,000 |
| Change In Payables And Accrued Expense | 402,000 | -311,000 | -1.9M | 821,000 |
| Change In Payable | 402,000 | -311,000 | -1.9M | 821,000 |
| Change In Other Working Capital | -- | -76,000 | -373,000 | 324,000 |
| Other Non Cash Items | -375,000 | -204,000 | 91,000 | 39,000 |
| Capital Expenditure | -- | -14,000 | -128,000 | -170,000 |
| Purchase Of PPE | 0.00 | -14,000 | -128,000 | -170,000 |
| Net PPE Purchase And Sale | 102,000 | 25,000 | -128,000 | -170,000 |
| Net Investment Purchase And Sale | -90,000 | 0.00 | 52,000 | 138,000 |
| Investing Cash Flow | 12,000 | 25,000 | -76,000 | -32,000 |
| Cash Flow From Continuing Investing Activities | 12,000 | 25,000 | -76,000 | -32,000 |
| Issuance Of Debt | 1.2M | 1.3M | 2.6M | 621,000 |
| Repayment Of Debt | -1.2M | -1.3M | -1.6M | -997,000 |
| Net Issuance Payments Of Debt | -168,000 | 217,000 | 1.1M | -376,000 |
| Issuance Of Capital Stock | 0.00 | 214,000 | 0.00 | 3.3M |
| Net Common Stock Issuance | 0.00 | 214,000 | 0.00 | 3.3M |
| Financing Cash Flow | -168,000 | 450,000 | 1.4M | 3.6M |
| Cash Flow From Continuing Financing Activities | -168,000 | 450,000 | 1.4M | 3.6M |
| Effect Of Exchange Rate Changes | -3,000 | 38,000 | 56,000 | 1,000 |
| Changes In Cash | -175,000 | -903,000 | -1.6M | 2.3M |
| Beginning Cash Position | 199,000 | 1.1M | 2.6M | 319,000 |
| End Cash Position | 21,000 | 199,000 | 1.1M | 2.6M |
| Free Cash Flow | -19,000 | -1.4M | -3.0M | -1.5M |
| Income Tax Paid Supplemental Data | -- | -- | -- | 0.00 |
| Interest Paid Supplemental Data | 124,000 | 157,000 | 93,000 | 59,000 |
| Amortization Cash Flow | -- | 148,000 | 151,000 | -- |
| Amortization Of Intangibles | -- | 148,000 | 151,000 | -- |
| Asset Impairment Charge | 129,000 | 1.3M | 0.00 | -- |
| Change In Account Payable | -138,000 | -474,000 | -1.7M | 654,000 |
| Change In Prepaid Assets | 83,000 | 613,000 | -697,000 | 0.00 |
| Common Stock Issuance | 0.00 | 214,000 | 0.00 | 3.3M |
| Depreciation | -- | 117,000 | 111,000 | -- |
| Gain Loss On Investment Securities | -269,000 | -1.0M | -4.3M | 4.1M |
| Gain Loss On Sale Of PPE | 12,000 | 6,000 | 0.00 | -- |
| Long Term Debt Issuance | 1.2M | 1.3M | 2.2M | 621,000 |
| Long Term Debt Payments | -1.2M | -1.3M | -1.6M | -997,000 |
| Net Income From Continuing Operations | -3.6M | -3.6M | 2.1M | -5.3M |
| Net Long Term Debt Issuance | 18,000 | 38,000 | 623,000 | -376,000 |
| Net Other Investing Changes | -- | -- | -1,000 | -- |
| Net Short Term Debt Issuance | -186,000 | 179,000 | 460,000 | 0.00 |
| Operating Gains Losses | -257,000 | -1.0M | -4.3M | 4.1M |
| Proceeds From Stock Option Exercised | 0.00 | 19,000 | 321,000 | 665,000 |
| Sale Of PPE | 102,000 | 39,000 | 0.00 | -- |
| Short Term Debt Issuance | -- | 179,000 | 460,000 | -- |