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 | 122.3M | 101.1M | 94.5M | 83.8M |
| Operating Revenue | 185.7M | 151.8M | 138.9M | 120.8M |
| Cost Of Revenue | 62.4M | 79.8M | 78.0M | 64.5M |
| Gross Profit | 59.9M | 21.3M | 16.5M | 19.3M |
| Selling General And Administration | 40.7M | 40.3M | 50.4M | 45.4M |
| General And Administrative Expense | 29.8M | 31.8M | 37.3M | 35.8M |
| Research And Development | -- | 497,000 | 292,000 | 298,000 |
| Depreciation And Amortization In Income Statement | 4.5M | 6.9M | 14.8M | 12.5M |
| Operating Expense | 45.2M | 47.2M | 65.5M | 58.2M |
| Operating Income | 14.7M | -25.9M | -49.0M | -38.9M |
| EBIT | 14.1M | -22.1M | -115.0M | -32.6M |
| Interest Expense | 14.5M | 25.7M | 21.6M | 17.7M |
| Interest Expense Non Operating | 14.5M | 25.7M | 21.6M | 17.7M |
| Interest Income | 240,000 | 32,000 | 337,000 | 1.6M |
| Interest Income Non Operating | 240,000 | 32,000 | 337,000 | 1.6M |
| Net Interest Income | -14.8M | -25.7M | -21.2M | -16.1M |
| Other Income Expense | -269,000 | 3.9M | -66.3M | 4.8M |
| Special Income Charges | 948,000 | 4.7M | -67.3M | 10.2M |
| Gain On Sale Of Security | -1.2M | -771,000 | 923,000 | -782,000 |
| Earnings From Equity Interest | -- | -- | 0.00 | -4.7M |
| Pretax Income | -356,000 | -47.7M | -136.6M | -50.2M |
| Tax Provision | 16.0M | -3.2M | -6.3M | -4.3M |
| Tax Effect Of Unusual Items | -40,350 | 263,250 | -3.0M | 813,254 |
| Net Income From Continuing And Discontinued Operation | -16.3M | -44.5M | -130.3M | -33.7M |
| Net Income From Continuing Operation Net Minority Interest | -16.3M | -44.5M | -130.3M | -45.9M |
| Net Income Including Noncontrolling Interests | -16.3M | -44.5M | -130.3M | -33.8M |
| Minority Interests | -- | -- | 0.00 | 15,000 |
| Net Income Common Stockholders | -16.3M | -44.5M | -130.3M | -33.7M |
| Net Income | -16.3M | -44.5M | -130.3M | -33.7M |
| EBITDA | 24.4M | -10.9M | -94.8M | -18.3M |
| Normalized EBITDA | 24.6M | -14.8M | -28.5M | -27.7M |
| Reconciled Depreciation | 10.3M | 11.2M | 20.2M | 14.3M |
| Basic EPS | -0.01 | -0.04 | -0.15 | -0.04 |
| Diluted EPS | -0.01 | -0.04 | -0.15 | -0.04 |
| Basic Average Shares | 1.2B | 991.0M | 889.9M | 783.4M |
| Diluted Average Shares | 1.2B | 991.0M | 889.9M | 783.4M |
| Total Unusual Items | -269,000 | 3.9M | -66.3M | 9.4M |
| Total Unusual Items Excluding Goodwill | -269,000 | 3.9M | -66.3M | 9.4M |
| Tax Rate For Calcs | 0.15 | 0.07 | 0.05 | 0.09 |
| Normalized Income | -16.1M | -48.1M | -67.0M | -54.5M |
| Depreciation Amortization Depletion Income Statement | 4.5M | 6.9M | 14.8M | 12.5M |
| Diluted NI Availto Com Stockholders | -16.3M | -44.5M | -130.3M | -33.7M |
| Excise Taxes | 63.3M | 50.7M | 44.4M | 37.0M |
| Gain On Sale Of Business | 0.00 | -4.0M | 0.00 | 1.4M |
| Gain On Sale Of Ppe | 948,000 | 48.4M | -81,000 | 20.3M |
| Impairment Of Capital Assets | 0.00 | 39.7M | 67.2M | 11.4M |
| Net Income Continuous Operations | -16.3M | -44.5M | -130.3M | -45.9M |
| Net Income Discontinuous Operations | -- | -- | 0.00 | 12.2M |
| Net Non Operating Interest Income Expense | -14.8M | -25.7M | -21.2M | -16.1M |
| Other Gand A | 7.9M | 13.9M | 14.6M | 16.6M |
| Reconciled Cost Of Revenue | 56.6M | 75.5M | 72.6M | 62.8M |
| Salaries And Wages | 21.9M | 17.9M | 22.7M | 19.3M |
| Selling And Marketing Expense | 10.9M | 8.4M | 13.1M | 9.6M |
| Total Expenses | 107.6M | 127.0M | 143.4M | 122.8M |
| Total Other Finance Cost | 586,000 | 64,000 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 18.4M | 15.6M | 14.6M | 14.8M |
| Cash Cash Equivalents And Short Term Investments | 18.5M | 15.8M | 14.8M | 14.9M |
| Cash Financial | -- | -- | -- | 14.8M |
| Other Short Term Investments | 143,000 | 143,000 | 143,000 | 140,000 |
| Accounts Receivable | 21.8M | 15.8M | 16.6M | 27.0M |
| Receivables | 22.6M | 16.7M | 17.5M | 31.2M |
| Inventory | 34.0M | 31.4M | 54.5M | 58.9M |
| Prepaid Assets | 988,000 | 1.5M | 1.9M | 11.9M |
| Current Assets | 76.6M | 68.0M | 89.2M | 120.0M |
| Gross PPE | 205.1M | 203.4M | 226.6M | 245.4M |
| Accumulated Depreciation | -54.3M | -44.5M | -31.4M | -18.9M |
| Net PPE | 150.8M | 159.0M | 195.3M | 226.5M |
| Goodwill | -- | -- | 0.00 | 24.3M |
| Goodwill And Other Intangible Assets | 29.8M | 29.9M | 45.5M | 98.5M |
| Other Intangible Assets | 29.8M | 29.9M | 45.5M | 74.2M |
| Investments And Advances | 594,000 | 1.1M | 1.1M | 3.9M |
| Long Term Equity Investment | -- | -- | -- | 0.00 |
| Total Non Current Assets | 184.9M | 193.9M | 242.6M | 330.4M |
| Total Assets | 261.5M | 261.9M | 331.8M | 450.4M |
| Current Debt | 51.6M | 61.4M | 54.7M | 17.4M |
| Current Debt And Capital Lease Obligation | 54.0M | 65.2M | 58.9M | 21.5M |
| Accounts Payable | 44.9M | 41.3M | 33.0M | 30.6M |
| Payables | 44.9M | 41.3M | 33.5M | 31.1M |
| Payables And Accrued Expenses | 65.5M | 62.5M | 33.8M | 31.1M |
| Current Accrued Expenses | 20.6M | 21.2M | 212,000 | 0.00 |
| Current Deferred Revenue | -- | -- | 0.00 | 295,000 |
| Other Current Liabilities | 3.8M | 256,000 | -- | 797,000 |
| Current Liabilities | 123.3M | 127.9M | 92.7M | 53.7M |
| Long Term Debt | 3.1M | 62.2M | 119.8M | 151.4M |
| Long Term Debt And Capital Lease Obligation | 14.5M | 74.7M | 134.7M | 168.6M |
| Long Term Capital Lease Obligation | 11.4M | 12.5M | 14.9M | 17.3M |
| Other Non Current Liabilities | -- | 115,000 | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 22.6M | 83.0M | 153.4M | 188.7M |
| Total Liabilities Net Minority Interest | 145.9M | 210.9M | 246.1M | 242.3M |
| Common Stock | 542.6M | 446.6M | 444.8M | 436.5M |
| Capital Stock | 542.6M | 446.6M | 444.8M | 436.5M |
| Additional Paid In Capital | 39.5M | 39.5M | 38.2M | -- |
| Retained Earnings | -499.6M | -483.3M | -438.8M | -308.5M |
| Gains Losses Not Affecting Retained Earnings | -30.2M | -29.8M | -30.5M | 84.5M |
| Other Equity Adjustments | -30.2M | -29.8M | -30.5M | 84.5M |
| Common Stock Equity | 115.7M | 51.0M | 90.4M | 212.5M |
| Stockholders Equity | 115.7M | 51.0M | 90.4M | 212.5M |
| Total Equity Gross Minority Interest | 115.7M | 51.0M | 85.7M | 208.1M |
| Minority Interest | -- | 0.00 | -4.7M | -4.4M |
| Total Capitalization | 118.7M | 113.3M | 210.2M | 363.9M |
| Net Tangible Assets | 85.9M | 21.2M | 44.9M | 114.0M |
| Tangible Book Value | 85.9M | 21.2M | 44.9M | 114.0M |
| Working Capital | -46.7M | -59.9M | -3.5M | 66.3M |
| Invested Capital | 170.3M | 174.6M | 264.9M | 381.3M |
| Total Debt | 68.5M | 139.9M | 193.6M | 190.1M |
| Net Debt | 36.3M | 108.0M | 159.8M | 154.1M |
| Share Issued | 1.3B | 1.0B | 913.0M | 850.7M |
| Ordinary Shares Number | 1.3B | 1.0B | 913.0M | 850.7M |
| Allowance For Doubtful Accounts Receivable | 0.00 | -199,000 | -163,000 | -29,000 |
| Assets Held For Sale Current | 0.00 | 2.0M | 0.00 | 1.4M |
| Available For Sale Securities | 594,000 | 1.1M | 1.1M | -- |
| Buildings And Improvements | 122.9M | 122.8M | 125.5M | 170.9M |
| Capital Lease Obligations | 13.8M | 16.3M | 19.1M | 21.3M |
| Construction In Progress | -- | 0.00 | 1.1M | 295,000 |
| Current Capital Lease Obligation | 2.4M | 3.8M | 4.3M | 4.0M |
| Current Deferred Assets | -- | -- | -- | 0.00 |
| Current Deferred Liabilities | -- | -- | 0.00 | 295,000 |
| Current Notes Payable | -- | -- | 4.8M | 1.4M |
| Finished Goods | 5.7M | 5.9M | 6.2M | 7.0M |
| Gross Accounts Receivable | 21.8M | 16.0M | 16.8M | 27.1M |
| Interest Payable | 20.6M | 21.2M | 212,000 | 0.00 |
| Investmentin Financial Assets | 594,000 | 1.1M | 1.1M | 3.9M |
| Investmentsin Joint Venturesat Cost | -- | -- | -- | 0.00 |
| Land And Improvements | 4.1M | 4.1M | 4.1M | 6.8M |
| Leases | 21.6M | 21.6M | 29.9M | 29.8M |
| Line Of Credit | 50.0M | -- | -- | -- |
| Machinery Furniture Equipment | 3.6M | 3.5M | 3.6M | 3.8M |
| Non Current Deferred Liabilities | 8.1M | 8.1M | 11.4M | 17.5M |
| Non Current Deferred Taxes Liabilities | 8.1M | 8.1M | 11.4M | 17.5M |
| Non Current Prepaid Assets | 3.8M | 4.0M | 772,000 | 1.6M |
| Other Current Borrowings | 1.6M | 61.4M | 54.7M | 17.4M |
| Other Equity Interest | 63.3M | 78.1M | 76.7M | -- |
| Other Inventories | 13.0M | 13.0M | 21.7M | 21.5M |
| Other Payable | -- | -- | 500,000 | 500,000 |
| Other Properties | 52.9M | 51.4M | 62.5M | 33.7M |
| Other Receivables | 814,000 | 905,000 | 901,000 | 4.2M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | -- | -- | -- | 14.9M |
| Restricted Cash | 557,000 | 557,000 | 557,000 | 1.6M |
| Tradeand Other Payables Non Current | -- | 1.8M | 7.4M | 2.5M |
| Work In Process | 15.4M | 12.6M | 26.6M | 30.4M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 16.8M | 8.2M | -2.5M | -49.8M |
| Cash Flow From Continuing Operating Activities | 16.8M | 8.2M | -2.5M | -49.1M |
| Depreciation And Amortization | 10.3M | 11.2M | 20.2M | 14.3M |
| Depreciation Amortization Depletion | 10.3M | 11.2M | 20.2M | 14.3M |
| Stock Based Compensation | 5.0M | 1.6M | 4.0M | 1.4M |
| Deferred Tax | 16.0M | -3.2M | -6.3M | -4.3M |
| Deferred Income Tax | 16.0M | -3.2M | -6.3M | -4.3M |
| Change In Working Capital | -54,000 | 17.9M | 21.4M | -29.7M |
| Changes In Account Receivables | -5.9M | 805,000 | 10.4M | -16.7M |
| Change In Receivables | -5.8M | 801,000 | 10.5M | -17.8M |
| Change In Inventory | 1.6M | 12.7M | -1.8M | -6.9M |
| Change In Payables And Accrued Expense | 3.5M | 7.2M | 3.4M | -187,000 |
| Change In Payable | 3.7M | 7.2M | 3.2M | 210,000 |
| Change In Other Working Capital | -- | -- | -295,000 | -27,000 |
| Change In Other Current Assets | -- | 0.00 | -3,000 | 146,000 |
| Other Non Cash Items | -27.8M | -48.2M | -11.4M | -4.0M |
| Capital Expenditure | -2.8M | -1.6M | -9.2M | -378,000 |
| Purchase Of PPE | -2.8M | -1.6M | -9.2M | -378,000 |
| Net PPE Purchase And Sale | -2.8M | -1.6M | -9.2M | -378,000 |
| Purchase Of Business | -- | -- | 0.00 | -900,000 |
| Sale Of Business | -- | -- | 0.00 | 8.4M |
| Sale Of Investment | 100,000 | 27,000 | -- | -- |
| Net Investment Purchase And Sale | 100,000 | 27,000 | 71,000 | 10.2M |
| Investing Cash Flow | -445,000 | -1.6M | 1.2M | 17.3M |
| Cash Flow From Continuing Investing Activities | -445,000 | -1.6M | 1.2M | 17.3M |
| Issuance Of Debt | 2.5M | 2.6M | 7.6M | 3.8M |
| Repayment Of Debt | -17.0M | -11.0M | -14.3M | -23.2M |
| Net Issuance Payments Of Debt | -14.5M | -8.4M | -6.8M | -19.4M |
| Issuance Of Capital Stock | 0.00 | 3.1M | 7.9M | 44.9M |
| Net Common Stock Issuance | 0.00 | 3.1M | 7.9M | 44.9M |
| Financing Cash Flow | -13.6M | -5.7M | 1.2M | 26.5M |
| Cash Flow From Continuing Financing Activities | -13.6M | -5.7M | 1.2M | 26.7M |
| Changes In Cash | 2.7M | 972,000 | -118,000 | -5.9M |
| Beginning Cash Position | 15.6M | 14.6M | 14.8M | 20.7M |
| End Cash Position | 18.4M | 15.6M | 14.6M | 14.8M |
| Free Cash Flow | 14.0M | 6.6M | -11.7M | -50.1M |
| Asset Impairment Charge | 2.3M | 50.2M | 78.6M | 14.7M |
| Cash From Discontinued Financing Activities | -- | -- | 0.00 | -197,000 |
| Cash From Discontinued Investing Activities | -- | -- | 0.00 | -3,000 |
| Cash From Discontinued Operating Activities | -- | -- | 0.00 | -681,000 |
| Change In Account Payable | 3.7M | 7.2M | 3.2M | 210,000 |
| Change In Accrued Expense | -235,000 | 24,000 | 212,000 | -397,000 |
| Change In Interest Payable | -235,000 | 24,000 | 212,000 | -397,000 |
| Change In Prepaid Assets | 750,000 | -2.8M | 9.7M | -4.8M |
| Common Stock Issuance | 0.00 | 3.1M | 7.9M | 44.9M |
| Earnings Losses From Equity Investments | -- | -- | 0.00 | 4.7M |
| Gain Loss On Sale Of Business | 0.00 | 4.0M | 0.00 | -1.4M |
| Gain Loss On Sale Of PPE | -- | -- | -2.1M | 0.00 |
| Long Term Debt Issuance | 2.5M | 2.6M | 7.6M | 3.8M |
| Long Term Debt Payments | -17.0M | -11.0M | -14.3M | -19.9M |
| Net Business Purchase And Sale | -- | -- | 0.00 | 7.5M |
| Net Foreign Currency Exchange Gain Loss | 677,000 | 538,000 | -1.4M | 207,000 |
| Net Income From Continuing Operations | -16.3M | -44.5M | -130.3M | -45.9M |
| Net Long Term Debt Issuance | -14.5M | -8.4M | -6.8M | -16.1M |
| Net Other Financing Charges | -612,000 | -431,000 | 7.9M | 44.9M |
| Net Other Investing Changes | 2.2M | 20,000 | 10.3M | -- |
| Net Short Term Debt Issuance | -- | -- | 0.00 | -3.3M |
| Operating Gains Losses | 27.4M | 23.3M | 21.2M | 4.4M |
| Proceeds From Stock Option Exercised | 1.5M | 0.00 | 0.00 | 1.2M |
| Sale Of PPE | -- | -- | 10.3M | 0.00 |
| Short Term Debt Payments | -- | -- | 0.00 | -3.3M |
| Unrealized Gain Loss On Investment Securities | -- | -- | 0.00 | -6,000 |