| Income Statement (Quarterly) | 2026-04-08 | 2025-06-30 | 2025-03-31 | 2024-06-30 |
|---|---|---|---|---|
| Revenue | 119,135,000 | 119,135,000 | 59,567,500 | 33,600,000 |
| Cost of Revenue | 122,384,000 | 122,384,000 | 61,192,000 | 40,444,500 |
| Gross Profit | -3,249,000 | -3,249,000 | -1,624,500 | -6,844,500 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 11,628,000 | 11,628,000 | 5,814,000 | 2,617,000 |
| Operating Expenses | 11,628,000 | 11,628,000 | 5,814,000 | 2,617,000 |
| Operating Income | -14,877,000 | -14,877,000 | -7,438,500 | -9,461,500 |
| Interest Expense | 0 | 67,000 | 0 | 0 |
| Income Before Tax | -15,544,000 | -15,544,000 | -7,772,000 | -9,486,000 |
| Income Tax Expense | 8,000 | 8,000 | 4,000 | 31,000 |
| Net Income | -15,536,000 | -15,536,000 | -7,768,000 | -9,517,000 |
| Per Share | ||||
| EPS | -0.01 | -0.12 | -0.01 | -0.01 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Statement (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Revenue | 151,522,000 | 110,034,000 | 106,187,000 |
| Cost of Revenue | 153,325,000 | 126,672,000 | 96,354,000 |
| Gross Profit | -1,803,000 | -16,638,000 | 9,833,000 |
| Operating Expenses | |||
| R&D Expenses | 0 | 0 | 0 |
| SG&A Expenses | 25,978,000 | 9,298,000 | 11,980,000 |
| Operating Expenses | 25,978,000 | 6,778,000 | 11,488,000 |
| Operating Income | -27,781,000 | -30,661,000 | 2,014,000 |
| Interest Expense | 96,000 | 53,000 | 14,000 |
| Income Before Tax | -26,875,000 | -27,857,000 | -2,930,000 |
| Income Tax Expense | 128,000 | 1,555,000 | 4,479,000 |
| Net Income | -27,003,000 | -29,412,000 | -7,409,000 |
| Per Share | |||
| EPS | -0.02 | -0.03 | -0.01 |
| EPS Diluted | 0.00 | 0.00 | 0.00 |
| Balance Sheet (Quarterly) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Assets | |||
| Cash and Cash Equivalents | 9,680,000 | 10,100,000 | 24,540,000 |
| Short Term Investments | 0 | 0 | 25,000,000 |
| Net Receivables | 152,950,000 | 118,417,000 | 191,652,000 |
| Inventory | 0 | 3,599,000 | 0 |
| Total Current Assets | 196,877,000 | 176,781,000 | 253,537,000 |
| Property Plant Equipment | 462,000 | 665,000 | 943,000 |
| Goodwill and Intangibles | 19,470,000 | 0 | 0 |
| Total Assets | 216,809,000 | 177,446,000 | 254,480,000 |
| Liabilities | |||
| Account Payables | 69,891,000 | 40,680,000 | 74,927,000 |
| Short Term Debt | 1,416,000 | 3,499,000 | 143,000 |
| Total Current Liabilities | 95,897,000 | 51,450,000 | 99,132,000 |
| Long Term Debt | 0 | 50,000 | 0 |
| Total Liabilities | 95,931,000 | 51,565,000 | 99,187,000 |
| Shareholders Equity | |||
| Retained Earnings | 0 | 14,776,000 | 44,188,000 |
| Total Shareholders Equity | 120,878,000 | 125,881,000 | 155,293,000 |
| Balance Sheet (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Assets | |||
| Cash and Cash Equivalents | 9,680,000 | 10,100,000 | 24,540,000 |
| Short Term Investments | 0 | 0 | 25,000,000 |
| Net Receivables | 152,950,000 | 118,417,000 | 191,652,000 |
| Inventory | 0 | 3,599,000 | 0 |
| Total Current Assets | 196,877,000 | 176,781,000 | 253,537,000 |
| Property Plant Equipment | 462,000 | 665,000 | 943,000 |
| Goodwill and Intangibles | 19,470,000 | 0 | 0 |
| Total Assets | 216,809,000 | 177,446,000 | 254,480,000 |
| Liabilities | |||
| Account Payables | 69,891,000 | 40,680,000 | 74,927,000 |
| Short Term Debt | 1,416,000 | 3,499,000 | 143,000 |
| Total Current Liabilities | 95,897,000 | 51,450,000 | 99,132,000 |
| Long Term Debt | 0 | 50,000 | 0 |
| Total Liabilities | 95,931,000 | 51,565,000 | 99,187,000 |
| Shareholders Equity | |||
| Retained Earnings | 0 | 14,776,000 | 44,188,000 |
| Total Shareholders Equity | 120,878,000 | 125,881,000 | 155,293,000 |
| Cash Flow Statement (Quarterly) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -27,003,000 | -29,412,000 | -2,930,000 |
| Depreciation & Amortization | 0 | 512,000 | 784,000 |
| Stock Based Compensation | 0 | 0 | 0 |
| Change in Working Capital | 7,227,000 | -919,000 | -24,602,000 |
| Operating Cash Flow | 496,000 | -47,245,000 | -23,799,000 |
| Investing Activities | |||
| Capital Expenditure | 0 | -20,000 | -6,000 |
| Investments | 0 | -20,000 | -6,000 |
| Investing Cash Flow | 0 | 25,255,000 | 25,298,000 |
| Financing Activities | |||
| Debt Repayment | -1,987,000 | 3,353,000 | 0 |
| Common Stock Issued/Repurchased | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 |
| Financing Cash Flow | 0 | 7,550,000 | -379,000 |
| Summary | |||
| Free Cash Flow | 0 | -47,265,000 | -23,805,000 |
| Net Change in Cash | -10,100,000 | -14,440,000 | 1,120,000 |
| Cash Flow Statement (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -27,003,000 | -29,412,000 | -2,930,000 |
| Depreciation & Amortization | 0 | 512,000 | 784,000 |
| Stock Based Compensation | 0 | 0 | 0 |
| Change in Working Capital | 7,227,000 | -919,000 | -24,602,000 |
| Operating Cash Flow | 496,000 | -47,245,000 | -23,799,000 |
| Investing Activities | |||
| Capital Expenditure | 0 | -20,000 | -6,000 |
| Investments | 0 | -20,000 | -6,000 |
| Investing Cash Flow | 0 | 25,255,000 | 25,298,000 |
| Financing Activities | |||
| Debt Repayment | -1,987,000 | 3,353,000 | 0 |
| Common Stock Issued/Repurchased | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 |
| Financing Cash Flow | 0 | 7,550,000 | -379,000 |
| Summary | |||
| Free Cash Flow | 0 | -47,265,000 | -23,805,000 |
| Net Change in Cash | -10,100,000 | -14,440,000 | 1,120,000 |