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 | 54.5M | 32.1M | 53.0M | 52.6M |
| Operating Revenue | 54.5M | 32.1M | 53.0M | 52.6M |
| Cost Of Revenue | 33.0M | 20.1M | 36.4M | 36.3M |
| Gross Profit | 21.5M | 12.0M | 16.6M | 16.3M |
| Selling General And Administration | 8.9M | 9.2M | 11.1M | 9.1M |
| General And Administrative Expense | 8.9M | 9.2M | 11.1M | 9.1M |
| Research And Development | 2.7M | 3.3M | 6.7M | 4.2M |
| Depreciation And Amortization In Income Statement | 650,000 | 745,000 | 905,000 | -- |
| Operating Expense | 12.3M | 13.3M | 18.7M | 13.3M |
| Operating Income | 9.2M | -1.3M | -2.1M | 3.0M |
| EBIT | 9.5M | -4.0M | -2.0M | 2.6M |
| Interest Expense | 608,000 | 669,000 | 560,000 | 125,000 |
| Interest Expense Non Operating | 608,000 | 669,000 | 560,000 | 125,000 |
| Interest Income | 13,000 | 19,000 | 13,000 | 1,000 |
| Interest Income Non Operating | 13,000 | 19,000 | 13,000 | 1,000 |
| Net Interest Income | -595,000 | -650,000 | -547,000 | -230,000 |
| Other Income Expense | 290,000 | -2.7M | 95,000 | -276,000 |
| Special Income Charges | 280,000 | -2.8M | 0.00 | -- |
| Gain On Sale Of Security | 10,000 | 101,000 | 95,000 | -276,000 |
| Pretax Income | 8.9M | -4.6M | -2.6M | 2.5M |
| Tax Provision | 22,000 | 12,000 | 287,000 | 0.00 |
| Tax Effect Of Unusual Items | 714.45 | -1.1M | 24,900 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 8.9M | -4.7M | -2.9M | 2.5M |
| Net Income From Continuing Operation Net Minority Interest | 8.9M | -4.7M | -2.9M | 2.5M |
| Net Income Including Noncontrolling Interests | 8.9M | -4.7M | -2.9M | 2.5M |
| Net Income Common Stockholders | 8.9M | -4.7M | -2.9M | 2.5M |
| Net Income | 8.9M | -4.7M | -2.9M | 2.5M |
| EBITDA | 11.5M | -1.7M | 1.6M | 5.3M |
| Normalized EBITDA | 11.2M | 1.0M | 1.5M | 5.5M |
| Reconciled Depreciation | 2.0M | 2.2M | 3.6M | 2.6M |
| Basic EPS | 0.09 | -0.04 | -0.03 | 0.02 |
| Diluted EPS | 0.08 | -0.04 | -0.03 | 0.02 |
| Basic Average Shares | 102.2M | 105.5M | 102.6M | 101.0M |
| Diluted Average Shares | 106.2M | 105.5M | 102.6M | 102.0M |
| Total Unusual Items | 290,000 | -2.7M | 95,000 | -276,000 |
| Total Unusual Items Excluding Goodwill | 290,000 | -2.7M | 95,000 | -276,000 |
| Tax Rate For Calcs | 0.00 | 0.40 | 0.26 | 0.00 |
| Normalized Income | 8.6M | -3.0M | -2.9M | 2.8M |
| Depreciation Amortization Depletion Income Statement | 650,000 | 745,000 | 905,000 | -- |
| Diluted NI Availto Com Stockholders | 8.9M | -4.7M | -2.9M | 2.5M |
| Impairment Of Capital Assets | -280,000 | 2.8M | 0.00 | -- |
| Net Income Continuous Operations | 8.9M | -4.7M | -2.9M | 2.5M |
| Net Non Operating Interest Income Expense | -595,000 | -650,000 | -547,000 | -230,000 |
| Other Gand A | 1.9M | 2.0M | 2.4M | 3.0M |
| Reconciled Cost Of Revenue | 31.6M | 18.6M | 33.7M | 36.3M |
| Salaries And Wages | 7.0M | 7.2M | 8.7M | 6.1M |
| Total Expenses | 45.3M | 33.4M | 55.1M | 49.6M |
| Total Operating Income As Reported | 9.5M | -4.1M | -2.1M | 3.0M |
| Total Other Finance Cost | -- | -- | 560,000 | 106,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 9.2M | 2.6M | 3.8M | 5.2M |
| Cash Cash Equivalents And Short Term Investments | 9.2M | 2.6M | 3.8M | 5.2M |
| Accounts Receivable | 10.4M | 4.7M | 5.8M | 8.5M |
| Receivables | 10.4M | 4.8M | 6.0M | 8.6M |
| Prepaid Assets | 133,000 | 509,000 | 625,000 | 269,000 |
| Current Assets | 19.8M | 7.9M | 10.4M | 14.1M |
| Gross PPE | 4.5M | 5.9M | 5.6M | 2.5M |
| Accumulated Depreciation | -2.7M | -3.2M | -2.4M | -1.7M |
| Net PPE | 1.7M | 2.7M | 3.2M | 814,000 |
| Goodwill | 5.7M | 5.7M | 5.7M | 5.6M |
| Goodwill And Other Intangible Assets | 7.0M | 7.9M | 11.2M | 11.3M |
| Other Intangible Assets | 1.2M | 2.1M | 5.4M | 5.7M |
| Total Non Current Assets | 8.8M | 10.8M | 14.6M | 12.4M |
| Total Assets | 28.7M | 18.6M | 25.0M | 26.6M |
| Current Debt | 2.0M | 2.0M | 2.0M | 2.0M |
| Current Debt And Capital Lease Obligation | 2.2M | 2.6M | 2.5M | 2.7M |
| Accounts Payable | 5.1M | 3.0M | 3.4M | 3.2M |
| Payables | 5.1M | 3.0M | 3.4M | 7.0M |
| Payables And Accrued Expenses | 7.3M | 5.1M | 6.6M | 8.3M |
| Current Accrued Expenses | 2.2M | 2.2M | 3.1M | 1.3M |
| Current Deferred Revenue | 0.00 | 51,000 | 11,000 | 26,000 |
| Current Liabilities | 9.5M | 7.8M | 9.1M | 11.0M |
| Long Term Debt And Capital Lease Obligation | 1.4M | 1.8M | 2.3M | 96,000 |
| Long Term Capital Lease Obligation | 1.4M | 1.8M | 2.3M | 96,000 |
| Total Non Current Liabilities Net Minority Interest | 1.5M | 2.2M | 2.8M | 567,000 |
| Total Liabilities Net Minority Interest | 11.0M | 10.0M | 11.9M | 11.6M |
| Common Stock | 39.5M | 39.5M | 39.5M | 39.0M |
| Capital Stock | 39.5M | 39.5M | 39.5M | 39.0M |
| Retained Earnings | -27.8M | -36.7M | -32.0M | -29.2M |
| Gains Losses Not Affecting Retained Earnings | 6.0M | 5.9M | 5.6M | 5.1M |
| Other Equity Adjustments | 6.0M | 5.9M | 5.6M | 5.1M |
| Common Stock Equity | 17.7M | 8.7M | 13.1M | 15.0M |
| Stockholders Equity | 17.7M | 8.7M | 13.1M | 15.0M |
| Total Equity Gross Minority Interest | 17.7M | 8.7M | 13.1M | 15.0M |
| Total Capitalization | 17.7M | 8.7M | 13.1M | 15.0M |
| Net Tangible Assets | 10.7M | 830,000 | 1.9M | 3.7M |
| Tangible Book Value | 10.7M | 830,000 | 1.9M | 3.7M |
| Working Capital | 10.3M | 81,000 | 1.3M | 3.1M |
| Invested Capital | 19.7M | 10.7M | 15.1M | 17.0M |
| Total Debt | 3.6M | 4.4M | 4.8M | 2.8M |
| Share Issued | 98.7M | 98.3M | 97.3M | 95.6M |
| Ordinary Shares Number | 98.7M | 98.3M | 97.3M | 95.6M |
| Allowance For Doubtful Accounts Receivable | -281,000 | -270,000 | -205,000 | -400,000 |
| Capital Lease Obligations | 1.6M | 2.4M | 2.8M | 770,000 |
| Current Capital Lease Obligation | 180,000 | 598,000 | 495,000 | 674,000 |
| Current Deferred Liabilities | 0.00 | 51,000 | 11,000 | 26,000 |
| Employee Benefits | 99,000 | 112,000 | 240,000 | 191,000 |
| Gross Accounts Receivable | 10.7M | 4.9M | 6.0M | 8.9M |
| Leases | 3.3M | 4.8M | 4.8M | 1.9M |
| Line Of Credit | 2.0M | 2.0M | 2.0M | 2.0M |
| Long Term Provisions | -- | 280,000 | 280,000 | 280,000 |
| Machinery Furniture Equipment | 1.1M | 1.1M | 844,000 | 568,000 |
| Non Current Pension And Other Postretirement Benefit Plans | 99,000 | 112,000 | 240,000 | 191,000 |
| Non Current Prepaid Assets | 133,000 | 179,000 | 220,000 | 296,000 |
| Other Payable | -- | -- | 1.8M | 3.8M |
| Other Receivables | 41,000 | 96,000 | 171,000 | 148,000 |
| 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 | 7.7M | 428,000 | 1.8M | 3.8M |
| Cash Flow From Continuing Operating Activities | 7.7M | 428,000 | 1.8M | 3.8M |
| Depreciation And Amortization | 2.0M | 2.2M | 3.6M | 2.6M |
| Depreciation Amortization Depletion | 2.0M | 2.2M | 3.6M | 2.6M |
| Stock Based Compensation | 107,000 | 253,000 | 495,000 | 120,000 |
| Change In Working Capital | -3.5M | -504,000 | 543,000 | -1.7M |
| Change In Receivables | -5.3M | 1.3M | 2.5M | -4.6M |
| Change In Payables And Accrued Expense | 2.1M | -444,000 | 220,000 | 1.2M |
| Change In Payable | 2.1M | -444,000 | 220,000 | 1.2M |
| Change In Other Current Assets | -- | -- | -174,000 | 0.00 |
| Change In Other Current Liabilities | -254,000 | -1.4M | -2.0M | 1.8M |
| Other Non Cash Items | 294,000 | 543,000 | 82,000 | 296,000 |
| Capital Expenditure | -560,000 | -1.1M | -2.4M | -1.9M |
| Purchase Of PPE | -90,000 | -15,000 | -296,000 | -31,000 |
| Net PPE Purchase And Sale | -90,000 | -15,000 | -296,000 | -31,000 |
| Purchase Of Business | -- | 0.00 | -250,000 | -350,000 |
| Purchase Of Investment | -- | -- | -- | -250,000 |
| Net Investment Purchase And Sale | -- | -- | 0.00 | -250,000 |
| Investing Cash Flow | -560,000 | -1.1M | -2.7M | -2.5M |
| Cash Flow From Continuing Investing Activities | -560,000 | -1.1M | -2.7M | -2.5M |
| Issuance Of Debt | -- | -- | -- | 2.0M |
| Repayment Of Debt | -537,000 | -524,000 | -647,000 | -691,000 |
| Net Issuance Payments Of Debt | -537,000 | -524,000 | -647,000 | 1.3M |
| Financing Cash Flow | -491,000 | -524,000 | -642,000 | 1.3M |
| Cash Flow From Continuing Financing Activities | -491,000 | -524,000 | -642,000 | 1.3M |
| Changes In Cash | 6.6M | -1.2M | -1.5M | 2.7M |
| Beginning Cash Position | 2.6M | 3.8M | 5.2M | 2.6M |
| End Cash Position | 9.2M | 2.6M | 3.8M | 5.2M |
| Free Cash Flow | 7.1M | -650,000 | -570,000 | 1.9M |
| Amortization Cash Flow | 1.4M | -- | -- | -- |
| Amortization Of Intangibles | 1.4M | -- | -- | -- |
| Asset Impairment Charge | 0.00 | 2.8M | 0.00 | -- |
| Capital Expenditure Reported | -470,000 | -1.1M | -2.1M | -1.8M |
| Change In Account Payable | 2.1M | -444,000 | 220,000 | 1.2M |
| Change In Prepaid Assets | 0.00 | 41,000 | -174,000 | -- |
| Depreciation | 636,000 | -- | -- | -- |
| Interest Paid Cfo | -131,000 | -168,000 | -90,000 | -77,000 |
| Interest Received Cfo | -- | -- | -- | -77,000 |
| Long Term Debt Payments | -537,000 | -524,000 | -647,000 | -691,000 |
| Net Business Purchase And Sale | -- | 0.00 | -250,000 | -350,000 |
| Net Income From Continuing Operations | 8.9M | -4.7M | -2.9M | 2.5M |
| Net Intangibles Purchase And Sale | -- | -- | -- | -1.8M |
| Net Long Term Debt Issuance | -537,000 | -524,000 | -647,000 | -691,000 |
| Net Other Financing Charges | 46,000 | -- | -- | -- |
| Net Short Term Debt Issuance | -- | -- | 0.00 | 2.0M |
| Operating Gains Losses | -13,000 | -128,000 | 49,000 | 14,000 |
| Pension And Employee Benefit Expense | -13,000 | -128,000 | 49,000 | 14,000 |
| Proceeds From Stock Option Exercised | -- | -- | 5,000 | 10,000 |
| Purchase Of Intangibles | -- | -- | -- | -1.8M |
| Short Term Debt Issuance | -- | -- | -- | 2.0M |