Financial Statements
| Year Ending Dec 2022 (Update) | Year Ending Dec 2021 (Update) | Year Ending Dec 2020 (Update) | Year Ending Dec 2019 (Update) | |
|---|---|---|---|---|
| Cash & Equivalents | 4.39 | 7.17 | 4.30 | 1.60 |
| Short Term Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash and Short Term Investments | 4.39 | 7.17 | 4.30 | 1.60 |
| Accounts Receivable - Trade, Gross | 5.51 | 5.77 | 6.72 | 6.49 |
| Provision for Doubtful Accounts | -3.76 | -2.24 | -4.25 | -3.15 |
| Accounts Receivable - Trade, Net | 1.75 | 3.53 | 2.47 | 3.34 |
| Receivables - Other | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Receivables, Net | 1.75 | 3.53 | 2.47 | 3.34 |
| Prepaid Expenses | 3.04 | 6.19 | 3.70 | 5.42 |
| Deferred Income Tax - Current Asset | 0.00 | 0.00 | 0.00 | 0.00 |
| Discontinued Operations - Current Asset | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 3.14 | 3.03 | 2.42 | 1.57 |
| Other Current Assets, Total | 3.14 | 3.03 | 2.42 | 1.57 |
| Total Current Assets | 12.31 | 19.92 | 12.88 | 11.94 |
| Buildings - Gross | 0.19 | 0.20 | 0.00 | 0.00 |
| Machinery/Equipment - Gross | 0.86 | 0.93 | 0.81 | 0.76 |
| Other Property/Plant/Equipment - Gross | 3.20 | 3.59 | 1.56 | 2.28 |
| Property/Plant/Equipment, Total - Gross | 4.24 | 4.73 | 2.37 | 3.04 |
| Accumulated Depreciation, Total | -2.23 | -2.33 | -2.26 | -2.95 |
| Property/Plant/Equipment, Total - Net | 2.01 | 2.39 | 0.11 | 0.09 |
| Goodwill, Net | 0.00 | 0.00 | 0.00 | 0.00 |
| Intangibles - Gross | 9.69 | 9.86 | 8.66 | 19.78 |
| Accumulated Intangible Amortization | -6.43 | -2.33 | -1.69 | -14.00 |
| Intangibles, Net | 3.26 | 7.52 | 6.96 | 5.78 |
| LT Investment - Affiliate Companies | 1.60 | 2.28 | 0.07 | 0.04 |
| Long Term Investments | 1.60 | 2.28 | 0.07 | 0.04 |
| Deferred Charges | 0.07 | 0.08 | 0.04 | 0.00 |
| Deferred Income Tax - Long Term Asset | 0.41 | 0.44 | 0.61 | 0.71 |
| Other Long Term Assets | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Long Term Assets, Total | 0.48 | 0.52 | 0.65 | 0.71 |
| Total Assets | 19.66 | 32.63 | 20.67 | 18.55 |
| Accounts Payable | 0.21 | 1.12 | 0.61 | 0.41 |
| Accrued Expenses | 0.79 | 0.59 | 0.51 | 0.50 |
| Notes Payable/Short Term Debt | 0.00 | 0.00 | 0.00 | 0.43 |
| Customer Advances | 0.74 | 1.25 | 1.44 | 2.01 |
| Income Taxes Payable | 3.25 | 3.53 | 3.43 | 3.21 |
| Other Payables | 0.00 | 0.00 | 0.00 | 0.00 |
| Discontinued Operations – Current Liability | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 0.72 | 2.33 | 2.04 | 0.45 |
| Other Current liabilities, Total | 4.71 | 7.11 | 6.91 | 5.67 |
| Total Current Liabilities | 5.70 | 8.82 | 8.02 | 7.01 |
| Long Term Debt | 0.13 | 0.14 | 0.13 | 0.13 |
| Total Long Term Debt | 0.13 | 0.14 | 0.13 | 0.13 |
| Total Debt | 0.13 | 0.14 | 0.13 | 0.56 |
| Deferred Income Tax - Long Term Liability | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Income Tax | 0.00 | 0.00 | 0.00 | 0.00 |
| Minority Interest | 0.00 | 0.00 | -0.07 | -0.06 |
| Other Long Term Liabilities | 1.54 | 1.91 | 0.03 | 0.00 |
| Other Liabilities, Total | 1.54 | 1.91 | 0.03 | 0.00 |
| Total Liabilities | 7.36 | 10.87 | 8.12 | 7.08 |
| Common Stock | 0.01 | 0.04 | 0.03 | 0.02 |
| Common Stock, Total | 0.01 | 0.04 | 0.03 | 0.02 |
| Additional Paid-In Capital | 62.02 | 61.79 | 49.77 | 43.11 |
| Retained Earnings (Accumulated Deficit) | -50.93 | -41.14 | -38.38 | -33.17 |
| Other Comprehensive Income | 1.20 | 1.08 | 1.13 | 1.51 |
| Other Equity, Total | 1.20 | 1.08 | 1.13 | 1.51 |
| Total Equity | 12.30 | 21.77 | 12.55 | 11.47 |
| Total Liabilities & Shareholders' Equity | 19.66 | 32.63 | 20.67 | 18.55 |
| Shares Outstanding – Common Stock Primary Issue | 7.17 | 7.07 | 5.21 | 3.93 |
| Total Common Shares Outstanding | 7.17 | 7.07 | 5.21 | 3.93 |
| Treasury Shares – Common Primary Issue | 0.00 | 0.00 | 0.00 | 0.00 |
| Employees | 64.00 | 85.00 | 103.00 | 0.00 |
| Number of Common Shareholders | 610.00 | 610.00 | 615.00 | 0.00 |
| Accumulated Intangible Amortization | 6.43 | 2.33 | 1.69 | 14.00 |
| Deferred Revenue - Current | 0.74 | 1.25 | 1.44 | 2.01 |
| Total Current Assets less Inventory | 12.31 | 19.92 | 12.88 | 11.94 |
| Quick Ratio | 2.16 | 2.26 | 1.61 | 1.70 |
| Current Ratio | 2.16 | 2.26 | 1.61 | 1.70 |
| Net Debt | -4.27 | -7.04 | -4.23 | -1.11 |
| Tangible Book Value | 9.03 | 14.24 | 5.58 | 5.69 |
| Tangible Book Value per Share | 1.26 | 2.02 | 1.07 | 1.45 |
| Total Operating Leases | 1.88 | 2.61 | 0.06 | 0.01 |
| Operating Lease Payments Due in Year 1 | 0.45 | 0.32 | 0.02 | 0.01 |
| Operating Lease Payments Due in Year 2 | 0.31 | 0.34 | 0.02 | 0.00 |
| Operating Lease Payments Due in Year 3 | 0.33 | 0.34 | 0.02 | 0.00 |
| Operating Lease Payments Due in Year 4 | 0.35 | 0.36 | 0.00 | 0.00 |
| Operating Lease Payments Due in Year 5 | 0.36 | 0.38 | 0.00 | 0.00 |
| Operating Lease Payments Due in 2-3 Years | 0.64 | 0.68 | 0.04 | 0.00 |
| Operating Lease Payments Due in 4-5 Years | 0.71 | 0.74 | 0.00 | 0.00 |
| Standardized Operating Lease Payments Due in Year 6 and Beyond | 0.09 | 0.88 | 0.00 | 0.00 |
In millions of USD (except for per share items)