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 | 927,739 | 1.1M | 686,315 | 1.4M |
| Operating Revenue | 927,739 | 1.1M | 686,315 | 1.4M |
| Cost Of Revenue | 560,165 | 652,266 | 285,104 | 1.0M |
| Gross Profit | 367,574 | 425,205 | 401,211 | 365,999 |
| Selling General And Administration | 3.5M | 4.0M | 4.2M | 5.8M |
| General And Administrative Expense | 3.3M | 3.9M | 4.0M | 5.0M |
| Research And Development | 1.0M | 980,683 | 786,877 | 292,877 |
| Depreciation And Amortization In Income Statement | 593,204 | 586,698 | 604,708 | 570,162 |
| Other Operating Expenses | 363,826 | 287,741 | 324,433 | -27,606 |
| Operating Expense | 5.5M | 5.9M | 6.0M | 6.6M |
| Operating Income | -5.2M | -5.5M | -5.6M | -6.2M |
| EBIT | -5.0M | -4.9M | -5.1M | -5.9M |
| Interest Expense | 10,760 | 6,996 | 11,241 | 15,204 |
| Interest Expense Non Operating | 10,760 | 6,996 | 11,241 | 15,204 |
| Interest Income | 175,723 | 455,085 | 284,026 | 165,243 |
| Interest Income Non Operating | 175,723 | 455,085 | 284,026 | 165,243 |
| Net Interest Income | 164,963 | 448,089 | 272,785 | 150,039 |
| Other Income Expense | -22,392 | 130,011 | 183,821 | 201,497 |
| Other Non Operating Income Expenses | -18,813 | 205,078 | 183,821 | 300,331 |
| Special Income Charges | -3,579 | -75,067 | 0.00 | -39,222 |
| Write Off | 0.00 | 1,758 | 0.00 | 39,222 |
| Gain On Sale Of Security | -- | -- | -72,716 | -59,612 |
| Pretax Income | -5.0M | -4.9M | -5.1M | -5.9M |
| Tax Provision | 1,191 | 1,023 | 3,881 | 1,424 |
| Tax Effect Of Unusual Items | -536.85 | -30,027 | 0.00 | -26,191 |
| Net Income From Continuing And Discontinued Operation | -5.0M | -4.9M | -5.1M | -5.9M |
| Net Income From Continuing Operation Net Minority Interest | -5.0M | -4.9M | -5.1M | -5.9M |
| Net Income Including Noncontrolling Interests | -5.0M | -4.9M | -5.1M | -5.9M |
| Net Income Common Stockholders | -5.0M | -4.9M | -5.1M | -5.9M |
| Net Income | -5.0M | -4.9M | -5.1M | -5.9M |
| EBITDA | -4.4M | -4.3M | -4.5M | -5.2M |
| Normalized EBITDA | -4.4M | -4.2M | -4.5M | -5.1M |
| Reconciled Depreciation | 615,983 | 609,073 | 627,382 | 702,628 |
| Basic EPS | -0.04 | -0.04 | -0.04 | -0.05 |
| Diluted EPS | -0.04 | -0.04 | -0.04 | -0.05 |
| Basic Average Shares | 125.5M | 124.7M | 124.7M | 116.1M |
| Diluted Average Shares | 125.5M | 124.7M | 124.7M | 116.1M |
| Total Unusual Items | -3,579 | -75,067 | 0.00 | -98,834 |
| Total Unusual Items Excluding Goodwill | -3,579 | -75,067 | 0.00 | -98,834 |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.26 | 0.27 |
| Normalized Income | -5.0M | -4.9M | -5.1M | -5.8M |
| Amortization | -- | -- | 58,765 | -- |
| Amortization Of Intangibles Income Statement | -- | -- | 58,765 | -- |
| Depreciation Amortization Depletion Income Statement | 593,204 | 586,698 | 604,708 | 570,162 |
| Depreciation Income Statement | 593,204 | 586,698 | 545,943 | 570,162 |
| Diluted NI Availto Com Stockholders | -5.0M | -4.9M | -5.1M | -5.9M |
| Impairment Of Capital Assets | 3,579 | 73,309 | 0.00 | -- |
| Net Income Continuous Operations | -5.0M | -4.9M | -5.1M | -5.9M |
| Net Non Operating Interest Income Expense | 164,963 | 448,089 | 272,785 | 150,039 |
| Other Gand A | 304,798 | 391,822 | 452,145 | 860,461 |
| Reconciled Cost Of Revenue | 537,386 | 629,891 | 262,430 | 879,262 |
| Salaries And Wages | 3.0M | 3.6M | 3.6M | 4.2M |
| Selling And Marketing Expense | 200,610 | 100,530 | 201,343 | 728,867 |
| Total Expenses | 6.1M | 6.6M | 6.2M | 7.6M |
| Total Operating Income As Reported | -- | -- | -- | -7.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 3.3M | 7.4M | 11.8M | 16.1M |
| Cash Cash Equivalents And Short Term Investments | 3.3M | 7.4M | 11.8M | 16.1M |
| Cash Financial | -- | -- | 11.8M | 16.1M |
| Accounts Receivable | 238,922 | 808,879 | 769,184 | 1.1M |
| Receivables | 238,922 | 808,879 | 769,184 | 1.1M |
| Inventory | 348,194 | 276,288 | 61,271 | 73,522 |
| Prepaid Assets | 106,781 | 125,173 | 117,418 | 189,860 |
| Current Assets | 4.0M | 8.7M | 12.8M | 17.4M |
| Gross PPE | 4.4M | 4.3M | 4.0M | 3.9M |
| Accumulated Depreciation | -3.1M | -2.5M | -2.0M | -1.6M |
| Net PPE | 1.3M | 1.8M | 2.0M | 2.3M |
| Goodwill | 71,253 | 71,253 | 71,253 | 71,253 |
| Goodwill And Other Intangible Assets | 174,732 | 248,641 | 315,512 | 387,455 |
| Other Intangible Assets | 103,479 | 177,388 | 244,259 | 316,202 |
| Other Non Current Assets | -- | -- | 1.00 | -- |
| Total Non Current Assets | 1.5M | 2.0M | 2.3M | 2.7M |
| Total Assets | 5.5M | 10.7M | 15.1M | 20.2M |
| Current Debt And Capital Lease Obligation | 182,313 | 261,063 | 308,271 | 298,757 |
| Payables And Accrued Expenses | 821,631 | 1.1M | 946,067 | 1.1M |
| Current Deferred Revenue | 32,600 | 140,893 | -- | -- |
| Current Liabilities | 1.0M | 1.5M | 1.5M | 2.0M |
| Long Term Debt And Capital Lease Obligation | 0.00 | 164,673 | 9,310 | 72,608 |
| Long Term Capital Lease Obligation | 0.00 | 164,673 | 9,310 | 72,608 |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 164,673 | 9,310 | 72,608 |
| Total Liabilities Net Minority Interest | 1.0M | 1.7M | 1.5M | 2.1M |
| Common Stock | 38.0M | 37.5M | 37.5M | 37.5M |
| Capital Stock | 38.0M | 37.5M | 37.5M | 37.5M |
| Retained Earnings | -35.0M | -31.1M | -27.0M | -22.4M |
| Gains Losses Not Affecting Retained Earnings | 1.4M | 2.5M | 3.0M | 2.9M |
| Common Stock Equity | 4.5M | 9.0M | 13.6M | 18.1M |
| Stockholders Equity | 4.5M | 9.0M | 13.6M | 18.1M |
| Total Equity Gross Minority Interest | 4.5M | 9.0M | 13.6M | 18.1M |
| Total Capitalization | 4.5M | 9.0M | 13.6M | 18.1M |
| Net Tangible Assets | 4.3M | 8.8M | 13.3M | 17.7M |
| Tangible Book Value | 4.3M | 8.8M | 13.3M | 17.7M |
| Working Capital | 3.0M | 7.2M | 11.3M | 15.4M |
| Invested Capital | 4.5M | 9.0M | 13.6M | 18.1M |
| Total Debt | 182,313 | 425,736 | 317,581 | 371,365 |
| Share Issued | 129.7M | 124.7M | 124.7M | 124.7M |
| Ordinary Shares Number | 129.7M | 124.7M | 124.7M | 124.7M |
| Buildings And Improvements | 76,522 | 71,210 | 71,379 | 39,685 |
| Capital Lease Obligations | 182,313 | 425,736 | 317,581 | 371,365 |
| Current Capital Lease Obligation | 182,313 | 261,063 | 308,271 | 298,757 |
| Current Deferred Liabilities | 32,600 | 140,893 | 209,716 | 603,639 |
| Machinery Furniture Equipment | 157,547 | 163,917 | 170,541 | 152,985 |
| Non Current Prepaid Assets | 7,240 | 6,877 | 5,830 | 5,566 |
| Other Equity Interest | 46,084 | 46,084 | 46,084 | 47,809 |
| Other Properties | 4.2M | 4.1M | 3.8M | 3.8M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -4.3M | -4.1M | -3.9M | -4.6M |
| Cash Flow From Continuing Operating Activities | -4.3M | -4.1M | -3.9M | -4.6M |
| Depreciation And Amortization | 615,983 | 609,073 | 627,382 | 702,628 |
| Depreciation Amortization Depletion | 615,983 | 609,073 | 627,382 | 702,628 |
| Stock Based Compensation | -10,100 | 401,316 | 716,192 | 1.2M |
| Deferred Tax | 1,191 | 1,023 | 3,881 | 1,424 |
| Deferred Income Tax | 1,191 | 1,023 | 3,881 | 1,424 |
| Change In Working Capital | 145,427 | -184,142 | -168,528 | -621,797 |
| Change In Receivables | 569,957 | -39,695 | 298,784 | -601,676 |
| Change In Inventory | -71,906 | -215,017 | 12,251 | -73,522 |
| Change In Payables And Accrued Expense | -262,723 | 288,041 | -158,082 | -93,721 |
| Change In Payable | -266,067 | 282,411 | -- | -- |
| Change In Other Working Capital | -108,293 | -209,716 | -393,923 | 177,183 |
| Capital Expenditure | -53,970 | -73,007 | -66,775 | -287,067 |
| Purchase Of PPE | -52,551 | -66,421 | -61,726 | -171,165 |
| Net PPE Purchase And Sale | -52,551 | -66,421 | -61,726 | -171,165 |
| Investing Cash Flow | -37,590 | -74,054 | -67,039 | -275,040 |
| Cash Flow From Continuing Investing Activities | -37,590 | -74,054 | -67,039 | -275,040 |
| Repayment Of Debt | -285,325 | -281,261 | -271,236 | -329,674 |
| Net Issuance Payments Of Debt | -285,325 | -281,261 | -271,236 | -329,674 |
| Issuance Of Capital Stock | 500,000 | 0.00 | 0.00 | 16.2M |
| Net Common Stock Issuance | 500,000 | 0.00 | 0.00 | 16.2M |
| Financing Cash Flow | 214,675 | -281,261 | -271,236 | 19.3M |
| Cash Flow From Continuing Financing Activities | 214,675 | -281,261 | -271,236 | 19.3M |
| Effect Of Exchange Rate Changes | -11,990 | 32,002 | 5,335 | -164,433 |
| Changes In Cash | -4.1M | -4.4M | -4.3M | 14.5M |
| Beginning Cash Position | 7.4M | 11.8M | 16.1M | 1.8M |
| End Cash Position | 3.3M | 7.4M | 11.8M | 16.1M |
| Free Cash Flow | -4.3M | -4.1M | -4.0M | -4.9M |
| Asset Impairment Charge | -- | -- | 0.00 | 30,537 |
| Change In Account Payable | -266,067 | 282,411 | -- | -- |
| Change In Accrued Expense | 3,344 | 5,630 | -- | -- |
| Change In Interest Payable | 3,344 | 5,630 | -- | -- |
| Change In Prepaid Assets | 18,392 | -7,755 | 72,442 | -30,061 |
| Common Stock Issuance | 500,000 | 0.00 | 0.00 | 16.2M |
| Depreciation | 615,983 | 609,073 | 627,382 | 702,628 |
| Long Term Debt Payments | -285,325 | -281,261 | -271,236 | -329,674 |
| Net Income From Continuing Operations | -5.0M | -4.9M | -5.1M | -5.9M |
| Net Intangibles Purchase And Sale | 15,324 | -6,586 | -5,049 | -115,902 |
| Net Long Term Debt Issuance | -285,325 | -281,261 | -271,236 | -329,674 |
| Net Other Financing Charges | -- | -- | -- | -1.4M |
| Net Other Investing Changes | -363.00 | -1,047 | -264.00 | 12,027 |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 4.9M |
| Purchase Of Intangibles | -1,419 | -6,586 | -5,049 | -115,902 |
| Sale Of Intangibles | 16,743 | 0.00 | -- | -- |