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 | 33.0M | 24.9M | 22.1M | 13.6M |
| Operating Revenue | 33.0M | 24.9M | 22.1M | 13.6M |
| Cost Of Revenue | 13.6M | 12.5M | 11.3M | 7.4M |
| Gross Profit | 19.3M | 12.4M | 10.8M | 6.2M |
| Selling General And Administration | 13.7M | 8.5M | 5.5M | 3.4M |
| General And Administrative Expense | 12.9M | 8.1M | 5.2M | 3.2M |
| Depreciation And Amortization In Income Statement | 2.3M | 1.6M | 1.2M | 791,000 |
| Operating Expense | 16.0M | 10.1M | 6.7M | 4.2M |
| Operating Income | 3.3M | 2.2M | 4.1M | 2.0M |
| EBIT | 3.5M | 4.2M | 5.0M | 1.6M |
| Interest Expense | 1.9M | 1.5M | 1.0M | 3.1M |
| Interest Expense Non Operating | 1.9M | 1.5M | 1.0M | 3.1M |
| Net Interest Income | -1.9M | -1.6M | -1.1M | -3.2M |
| Other Income Expense | 233,000 | 2.0M | 956,000 | -370,000 |
| Other Non Operating Income Expenses | 1.4M | 2.2M | 883,000 | -- |
| Special Income Charges | -1.1M | -134,000 | 143,000 | -345,000 |
| Write Off | 16,000 | 26,000 | 10,000 | 0.00 |
| Gain On Sale Of Security | -55,000 | 2,000 | -70,000 | -25,000 |
| Pretax Income | 1.6M | 2.7M | 4.0M | -1.6M |
| Tax Provision | 0.00 | 0.00 | -2.0M | 0.00 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 19,133 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 1.6M | 2.7M | 6.0M | -3.9M |
| Net Income From Continuing Operation Net Minority Interest | 1.6M | 2.7M | 6.0M | -1.6M |
| Net Income Including Noncontrolling Interests | 1.6M | 2.7M | 6.0M | -3.9M |
| Net Income Common Stockholders | 1.6M | 2.7M | 5.9M | -3.9M |
| Net Income | 1.6M | 2.7M | 6.0M | -3.9M |
| EBITDA | 10.6M | 9.0M | 8.4M | 3.8M |
| Normalized EBITDA | 11.8M | 9.2M | 8.3M | 4.2M |
| Reconciled Depreciation | 7.1M | 4.9M | 3.4M | 2.3M |
| Basic EPS | 0.02 | 0.04 | 0.09 | -0.07 |
| Diluted EPS | 0.02 | 0.03 | 0.08 | -0.07 |
| Basic Average Shares | 87.1M | 73.1M | 67.6M | 57.9M |
| Diluted Average Shares | 92.5M | 79.1M | 72.9M | 57.9M |
| Total Unusual Items | -1.1M | -132,000 | 73,000 | -370,000 |
| Total Unusual Items Excluding Goodwill | -1.1M | -132,000 | 73,000 | -370,000 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.26 | 0.00 |
| Normalized Income | 2.8M | 2.8M | 5.9M | -1.2M |
| Depreciation Amortization Depletion Income Statement | 2.3M | 1.6M | 1.2M | 791,000 |
| Depreciation Income Statement | 2.3M | 1.6M | 1.2M | 791,000 |
| Diluted NI Availto Com Stockholders | 1.6M | 2.7M | 5.9M | -3.9M |
| Gain On Sale Of Ppe | -896,000 | -108,000 | 153,000 | -390,000 |
| Net Income Continuous Operations | 1.6M | 2.7M | 6.0M | -1.6M |
| Net Income Discontinuous Operations | -- | -- | 0.00 | -2.3M |
| Net Non Operating Interest Income Expense | -1.9M | -1.6M | -1.1M | -3.2M |
| Other Gand A | 794,000 | 656,000 | 601,000 | 562,000 |
| Other Special Charges | 173,000 | -- | -- | -45,000 |
| Preferred Stock Dividends | -- | -- | 82,000 | -- |
| Reconciled Cost Of Revenue | 8.8M | 9.3M | 9.2M | 5.9M |
| Salaries And Wages | 12.1M | 7.4M | 4.6M | 2.7M |
| Selling And Marketing Expense | 846,000 | 460,000 | 329,000 | 195,000 |
| Total Expenses | 29.6M | 22.6M | 18.0M | 11.6M |
| Total Other Finance Cost | 43,000 | 88,000 | 30,000 | 29,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 5.8M | 1.5M | 571,000 | 108,000 |
| Cash Cash Equivalents And Short Term Investments | 5.8M | 1.5M | 571,000 | 108,000 |
| Cash Financial | 5.8M | 1.5M | 571,000 | 108,000 |
| Accounts Receivable | 7.8M | 4.0M | 4.6M | 2.9M |
| Receivables | 8.5M | 4.7M | 5.2M | 3.7M |
| Inventory | 468,000 | 475,000 | 1.3M | 383,000 |
| Prepaid Assets | 795,000 | 650,000 | 430,000 | 272,000 |
| Current Assets | 15.5M | 7.3M | 7.5M | 4.4M |
| Gross PPE | 65.7M | 44.4M | 29.4M | 18.3M |
| Accumulated Depreciation | -17.2M | -12.7M | -8.9M | -5.9M |
| Net PPE | 48.6M | 31.7M | 20.5M | 12.4M |
| Total Non Current Assets | 51.9M | 35.7M | 25.0M | 15.4M |
| Total Assets | 67.5M | 43.0M | 32.6M | 19.8M |
| Current Debt | 4.1M | 3.8M | 2.2M | 2.2M |
| Current Debt And Capital Lease Obligation | 7.1M | 6.2M | 4.0M | 3.6M |
| Payables And Accrued Expenses | 7.1M | 3.2M | 3.4M | 2.4M |
| Current Liabilities | 14.2M | 9.5M | 7.4M | 6.0M |
| Long Term Debt | 16.1M | 16.1M | 11.5M | 8.8M |
| Long Term Debt And Capital Lease Obligation | 21.2M | 21.4M | 16.7M | 13.4M |
| Long Term Capital Lease Obligation | 5.2M | 5.3M | 5.2M | 4.6M |
| Total Non Current Liabilities Net Minority Interest | 21.2M | 21.4M | 16.7M | 13.4M |
| Total Liabilities Net Minority Interest | 35.5M | 30.9M | 24.1M | 19.4M |
| Common Stock | 131.3M | 114.0M | 113.2M | 107.8M |
| Capital Stock | 131.3M | 114.0M | 113.2M | 110.7M |
| Additional Paid In Capital | 3.4M | 2.2M | 1.8M | 1.7M |
| Retained Earnings | -103.6M | -105.2M | -107.9M | -112.5M |
| Gains Losses Not Affecting Retained Earnings | 861,000 | -28,000 | 0.00 | -- |
| Other Equity Adjustments | 861,000 | -28,000 | -- | -- |
| Common Stock Equity | 32.0M | 12.1M | 8.5M | -2.5M |
| Stockholders Equity | 32.0M | 12.1M | 8.5M | 398,000 |
| Total Equity Gross Minority Interest | 32.0M | 12.1M | 8.5M | 398,000 |
| Total Capitalization | 48.0M | 28.2M | 20.0M | 9.2M |
| Net Tangible Assets | 32.0M | 12.1M | 8.5M | 398,000 |
| Tangible Book Value | 32.0M | 12.1M | 8.5M | -2.5M |
| Working Capital | 1.3M | -2.2M | 163,000 | -1.5M |
| Invested Capital | 52.1M | 32.0M | 22.2M | 8.6M |
| Total Debt | 28.3M | 27.6M | 20.7M | 17.0M |
| Net Debt | 14.4M | 18.4M | 13.2M | 11.0M |
| Share Issued | 96.1M | 74.2M | 70.9M | 58.3M |
| Ordinary Shares Number | 96.1M | 74.2M | 70.9M | 58.3M |
| Allowance For Doubtful Accounts Receivable | -50,000 | -50,000 | -50,000 | -50,000 |
| Capital Lease Obligations | 8.2M | 7.7M | 7.0M | 6.0M |
| Current Capital Lease Obligation | 3.0M | 2.4M | 1.8M | 1.4M |
| Finished Goods | 0.00 | 154,000 | 1.3M | 383,000 |
| Gross Accounts Receivable | 7.8M | 4.1M | 4.7M | 2.9M |
| Leases | 5.0M | 3.9M | 2.1M | 437,000 |
| Machinery Furniture Equipment | 6.7M | 4.6M | 3.5M | 2.3M |
| Non Current Accounts Receivable | 1.1M | 1.8M | 2.4M | 2.9M |
| Non Current Deferred Assets | 2.0M | 2.0M | 2.0M | 0.00 |
| Non Current Deferred Taxes Assets | 2.0M | 2.0M | 2.0M | 0.00 |
| Non Current Prepaid Assets | 221,000 | 179,000 | 167,000 | 109,000 |
| Other Current Borrowings | 4.1M | 3.8M | 2.2M | 2.2M |
| Other Equity Interest | -- | 1.1M | 1.4M | 587,000 |
| Other Properties | 54.0M | 35.9M | 23.8M | 15.6M |
| Other Receivables | 682,000 | 570,000 | 527,000 | 448,000 |
| Preferred Stock | -- | -- | 0.00 | 2.9M |
| Preferred Stock Equity | -- | -- | -- | 2.9M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 468,000 | 321,000 | 0.00 | -- |
| Taxes Receivable | 36,000 | 89,000 | 53,000 | 371,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 11.0M | 9.9M | 6.2M | 4.5M |
| Cash Flow From Continuing Operating Activities | 11.0M | 9.9M | 6.2M | 3.0M |
| Depreciation And Amortization | 7.1M | 4.9M | 3.4M | 2.3M |
| Depreciation Amortization Depletion | 7.1M | 4.9M | 3.4M | 2.3M |
| Stock Based Compensation | 1.6M | 562,000 | 129,000 | 135,000 |
| Deferred Tax | -- | 0.00 | -2.0M | 0.00 |
| Deferred Income Tax | -- | 0.00 | -2.0M | 0.00 |
| Change In Working Capital | -855,000 | 1.0M | -1.8M | 63,000 |
| Changes In Account Receivables | -3.7M | 582,000 | -1.6M | 48,000 |
| Change In Receivables | -3.7M | 582,000 | -1.6M | 48,000 |
| Change In Inventory | 7,000 | 840,000 | -932,000 | -383,000 |
| Change In Payables And Accrued Expense | 3.0M | -34,000 | 773,000 | 441,000 |
| Change In Payable | 3.0M | -34,000 | 773,000 | 441,000 |
| Change In Other Working Capital | -- | -133,000 | 128,000 | -- |
| Other Non Cash Items | 617,000 | 678,000 | 586,000 | 1.7M |
| Capital Expenditure | -21.4M | -13.5M | -9.0M | -5.8M |
| Purchase Of PPE | -21.4M | -13.5M | -9.0M | -5.8M |
| Net PPE Purchase And Sale | -21.4M | -13.3M | -8.8M | -5.6M |
| Investing Cash Flow | -20.5M | -13.5M | -8.6M | 6.6M |
| Cash Flow From Continuing Investing Activities | -20.5M | -13.5M | -8.6M | -5.2M |
| Issuance Of Debt | 22.8M | 8.7M | 5.2M | 8.2M |
| Repayment Of Debt | -24.8M | -4.6M | -4.3M | -20.0M |
| Net Issuance Payments Of Debt | -2.0M | 4.0M | 924,000 | -11.8M |
| Issuance Of Capital Stock | 13.4M | 0.00 | 2.0M | 0.00 |
| Repurchase Of Capital Stock | -- | 0.00 | -39,000 | 0.00 |
| Net Common Stock Issuance | 13.4M | 0.00 | 2.0M | 0.00 |
| Financing Cash Flow | 13.8M | 4.5M | 2.9M | -11.8M |
| Cash Flow From Continuing Financing Activities | 13.8M | 4.5M | 2.9M | -11.8M |
| Changes In Cash | 4.3M | 903,000 | 463,000 | -653,000 |
| Beginning Cash Position | 1.5M | 571,000 | 108,000 | 761,000 |
| End Cash Position | 5.8M | 1.5M | 571,000 | 108,000 |
| Free Cash Flow | -10.4M | -3.6M | -2.8M | -1.2M |
| Interest Paid Supplemental Data | 2.1M | 1.5M | -- | 1.8M |
| Cash From Discontinued Investing Activities | -- | -- | 0.00 | 11.8M |
| Cash From Discontinued Operating Activities | -- | -- | 0.00 | 1.6M |
| Change In Account Payable | 3.0M | -34,000 | 773,000 | 441,000 |
| Change In Income Tax Payable | -- | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | -187,000 | -232,000 | -216,000 | -43,000 |
| Change In Tax Payable | -- | 0.00 | 0.00 | 0.00 |
| Common Stock Issuance | 13.4M | 0.00 | 2.0M | 0.00 |
| Depreciation | 7.1M | 4.9M | 3.4M | 2.3M |
| Gain Loss On Sale Of PPE | 896,000 | 108,000 | -153,000 | 390,000 |
| Long Term Debt Issuance | 22.8M | 8.7M | 5.2M | 8.2M |
| Long Term Debt Payments | -24.8M | -4.6M | -4.3M | -20.0M |
| Net Foreign Currency Exchange Gain Loss | 58,000 | 0.00 | -- | -- |
| Net Income From Continuing Operations | 1.6M | 2.7M | 6.0M | -1.6M |
| Net Long Term Debt Issuance | -2.0M | 4.0M | 924,000 | -11.8M |
| Net Other Investing Changes | 851,000 | -133,000 | 156,000 | 343,000 |
| Net Preferred Stock Issuance | -- | 0.00 | -39,000 | 0.00 |
| Operating Gains Losses | 954,000 | 108,000 | -153,000 | 345,000 |
| Preferred Stock Payments | -- | 0.00 | -39,000 | 0.00 |
| Proceeds From Stock Option Exercised | 2.4M | 440,000 | 11,000 | 74,000 |
| Sale Of PPE | 7,000 | 147,000 | 225,000 | 167,000 |
| Taxes Refund Paid | -- | 0.00 | 88,000 | 0.00 |