CASH FLOW STATEMENT

CONDENSED CONSOLIDATED CASH FLOW STATEMENTS - USD ($)
Dec 31, 2025 Dec 31, 2024
OPERATING ACTIVITIES
Net Income$ -6,580,912.00$ 31,884,321.00
Depreciation And Amortization$ 381,019.00$ 293,222.00
Deferred Income Tax$ 3,994,890.00$ 0.00
Stock Based Compensation$ 0.00$ 0.00
Change In Working Capital$ -3,978,555.00$ -12,010,879.00
Accounts Receivables$ 4,431,957.00$ -93,783,355.00
Inventory$ -1,053,159.00$ -1,165,323.00
Accounts Payables$ -1,495,134.00$ 4,419,551.00
Other Working Capital$ -5,862,219.00$ 78,518,248.00
Other Non Cash Items$ 16,124,478.00$ 4,309,989.00
Net Cash Provided By Operating Activities$ 9,940,920.00$ 24,476,653.00
Operating Cash Flow$ 9,940,920.00$ 24,476,653.00
INVESTING ACTIVITIES
Investments In Property Plant And Equipment$ -3,351,592.00$ -426,569.00
Capital Expenditure$ -3,351,590.00$ -426,573.00
Acquisitions Net$ 0.00$ 0.00
Purchases Of Investments$ 0.00$ 0.00
Sales Maturities Of Investments$ 0.00$ 0.00
Other Investing Activities$ 1,250,000.00$ -1,250,000.00
Net Cash Provided By Investing Activities$ -2,101,592.00$ -1,676,569.00
FINANCING ACTIVITIES
Net Debt Issuance$ -1,171,351.00$ -849,400.00
Long Term Net Debt Issuance$ -1,171,351.00$ -849,400.00
Short Term Net Debt Issuance$ 0.00$ 0.00
Net Stock Issuance$ 48,334.00$ 642,616.00
Net Common Stock Issuance$ 48,334.00$ 642,616.00
Common Stock Issuance$ 48,334.00$ 642,617.00
Common Stock Repurchased$ 0.00$ 0.00
Net Preferred Stock Issuance$ 0.00$ 0.00
Net Dividends Paid$ 0.00$ 0.00
Common Dividends Paid$ 0.00$ 0.00
Preferred Dividends Paid$ 0.00$ 0.00
Other Financing Activities$ 0.00$ 0.00
Net Cash Provided By Financing Activities$ -1,123,017.00$ -206,784.00
CASH POSITION
Effect Of Forex Changes On Cash$ 0.00$ 0.00
Net Change In Cash$ 6,716,312.00$ 22,593,300.00
Cash At Beginning Of Period$ 22,832,706.00$ 239,406.00
Cash At End Of Period$ 29,549,018.00$ 22,832,706.00
Free Cash Flow$ 6,589,330.00$ 24,050,080.00
Income Taxes Paid$ 0.00$ 0.00
Interest Paid$ 0.00$ 0.00