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Balance Sheet

Balance Sheet

  Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Restated) Year Ending Dec 2017 (Restated) Year Ending Dec 2016 (Update)
Cash 0.15 0.11 0.05 0.14
Cash and Short Term Investments 0.15 0.11 0.05 0.14
Accounts Receivable - Trade, Net 4.52 3.56 0.73 1.65
Receivables - Other 0.03 0.04 0.04 0.27
Total Receivables, Net 4.55 3.61 0.77 1.92
Prepaid Expenses 0.28 0.39 0.20 0.15
Total Current Assets 4.97 4.11 1.02 2.21
Machinery/Equipment - Gross 1.91 1.53 0.00 0.00
Other Property/Plant/Equipment - Gross 0.14 0.05 0.00 0.00
Property/Plant/Equipment, Total - Gross 2.05 1.58 0.00 0.00
Accumulated Depreciation, Total -1.41 -1.06 0.00 0.00
Property/Plant/Equipment, Total - Net 0.64 0.51 0.52 0.28
Intangibles - Gross 0.13 0.13 0.00 0.00
Accumulated Intangible Amortization -0.08 -0.07 0.00 0.00
Intangibles, Net 0.05 0.06 0.08 0.04
Note Receivable - Long Term 0.54 1.26 0.00 0.00
Total Assets 6.20 5.95 1.61 2.53
Payable/Accrued 4.95 3.25 2.82 2.16
Accrued Expenses 0.44 0.47 0.00 0.00
Notes Payable/Short Term Debt 1.21 0.00 0.00 0.45
Current Portion of Long Term Debt/Capital Leases 0.14 0.68 0.15 0.07
Customer Advances 1.10 0.89 0.08 0.08
Other Payables 0.39 0.35 0.00 0.00
Other Current Liabilities 0.40 0.00 0.46 0.18
Other Current liabilities, Total 1.89 1.24 0.54 0.27
Total Current Liabilities 8.63 5.65 3.51 2.94
Long Term Debt 0.28 0.00 0.00 0.00
Capital Lease Obligations 0.01 0.15 0.22 0.08
Total Long Term Debt 0.29 0.15 0.22 0.08
Total Debt 1.64 0.83 0.38 0.60
Other Long Term Liabilities 0.63 1.33 0.00 0.00
Other Liabilities, Total 0.63 1.33 0.00 0.00
Total Liabilities 9.55 7.13 3.74 3.02
Common Stock 7.67 7.67 6.28 6.28
Common Stock, Total 7.67 7.67 6.28 6.28
Additional Paid-In Capital 2.01 1.96 1.83 1.66
Retained Earnings (Accumulated Deficit) -13.03 -10.80 -10.23 -8.44
Total Equity -3.35 -1.18 -2.13 -0.49
Total Liabilities & Shareholders' Equity 6.20 5.95 1.61 2.53
Shares Outstanding – Common Stock Primary Issue 63.60 63.60 55.77 55.77
Total Common Shares Outstanding 63.60 63.60 55.77 55.77
Treasury Shares – Common Primary Issue 0.00 0.00 0.00 0.00
Accumulated Intangible Amortization 0.08 0.07 0.00 0.00
Deferred Revenue - Current 1.10 0.89 0.08 0.08
Deferred Revenue - Long Term 0.63 1.33 0.00 0.00
Total Current Assets less Inventory 4.97 4.11 1.02 2.21
Quick Ratio 0.58 0.73 0.29 0.75
Current Ratio 0.58 0.73 0.29 0.75
Net Debt 1.49 0.72 0.33 0.45
Tangible Book Value -3.39 -1.24 -2.20 -0.53
Tangible Book Value per Share -0.05 -0.02 -0.04 -0.01
Interest Costs -0.02 0.00 0.00 0.00
Total Capital Leases 0.15 0.00 0.00 0.00
Capital Lease Payments Due in Year 1 0.15 0.00 0.00 0.00
Capital Lease Payments Due in Year 2 0.01 0.00 0.00 0.00
Capital Lease Payments Due in 2-3 Years 0.01 0.00 0.00 0.00
Total Operating Leases 0.10 0.00 0.00 0.00
Operating Lease Payments Due in Year 1 0.12 0.00 0.00 0.00
Operating Lease Payments Due in Year 2 0.00 0.00 0.00 0.00
Operating Lease Payments Due in 2-3 Years 0.00 0.00 0.00 0.00
Standardized Operating Lease Payments Due in Year 6 and Beyond -0.02 0.00 0.00 0.00

In millions of USD (except for per share items)

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