Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -2.84 -2.75 -0.61
Price to Sales
Book Value Per Common Share 0.60 -0.14 0.46 2.97 6.10
Price to Book 5.84 -30.12 5.28 2.62 1.33
Price to Operating Cash Flow -3.79 -3.34 -0.69 -2.50 -3.67
Price to Free Cash Flow -0.69
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Price to Earnings -3.18 -3.05 -7.22 -5.39 -9.40 -17.48 -3.41 -5.58 -13.60
Price to Sales
Book Value Per Common Share 0.64 0.84 0.30 0.60 0.91 1.23 1.44 -0.14 0.19 0.46 0.02 2.26 2.97 3.67 4.32 4.89 6.10
Price to Book 4.95 2.69 9.01 5.84 5.20 3.82 3.15 -30.12 22.54 11.29 275.30 3.35 2.62 2.32 2.08 2.37 1.33
Price to Operating Cash Flow -4.02 -3.89 -8.35 -7.20 -13.67 -21.53 -4.14 -6.41 -14.67 -10.58 -3.32 -5.47 -11.04
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1.07 0.78 2.33 4.55 5.87
Quick Ratio 1.15
Current Ratio 5.46 0.82 1.27 9.80 12.60
Debt to Equity 0.85 -14.38 2.61 0.69 0.08
Long-Term Debt to Equity 0.53 0.00 0.01 0.53 0.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Cash Per Common Share 1.20 1.60 0.67 0.99 1.37 2.07 2.65 0.73 1.03 1.36 0.92 3.84 4.55 3.52 4.44 4.82 5.87
Quick Ratio
Current Ratio 5.14 6.64 3.51 5.46 6.78 4.56 3.29 0.82 5.36 7.65 0.90 9.40 9.80 11.29 9.09 8.66 12.60
Debt to Equity 0.55 0.41 1.66 0.85 0.53 0.53 0.42 -14.38 5.03 1.98 45.95 0.89 0.69 0.09 0.12 0.12 0.08
Long-Term Debt to Equity 0.26 0.21 0.97 0.53 0.31 0.21 0.00 0.00 4.02 1.63 0.12 0.71 0.53 0.00 0.00 0.00 0.00

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -103.09 -153.92 -141.30 -69.87 -36.55
ROE -190.57 2059.05 -510.06 -118.39 -39.51
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
ROA -76.84 -43.34 -46.89 -57.32 -23.08 -9.27 -100.01 -59.59 -43.23 -18.65 -68.79 -42.38 -23.76
ROE -118.95 -61.31 -124.79 -87.54 -35.37 -13.13 -602.75 -177.66 -2029.80 -35.33 -74.93 -47.27 -26.59
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 38,633.00 19,371.00 29,971.00 47,516.00 40,298.00
   Current Assets 36,467.00 16,982.00 27,330.00 44,594.00 36,975.00
      Cash and Short-Term Investments 34,400.00 15,546.00 24,721.00 43,022.00 35,853.00
            Cash and Cash Equivalents 12,753.00 15,546.00 24,721.00 43,022.00 35,853.00
            Short-Term Investments 21,607.00 0 0 0 0
      Net Receivables 0 0 105.00 0 0
      Inventory 0 0 0 0 0
      Other Current Assets 2,067.00 1,436.00 2,504.00 1,572.00 1,122.00
   Non-Current Assets 2,166.00 2,389.00 2,641.00 2,922.00 3,323.00
      Property, Plant, Equipment Net 375.00 322.00 123.00 366.00 188.00
      Goodwill 1,034.00 1,034.00 1,034.00 1,034.00 1,034.00
      Intangible Assets 974.00 1,197.00 1,418.00 1,641.00 1,864.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets -217.00 -164.00 66.00 -119.00 237.00
Liabilities 17,734.00 20,819.00 21,668.00 19,474.00 3,012.00
   Current Liabilities 6,682.00 20,813.00 21,599.00 4,550.00 2,935.00
      Payables and Expenses 5,550.00 3,280.00 3,792.00 3,129.00 2,390.00
            Account Payables 1,950.00 618.00 1,660.00 841.00 332.00
            Current Accrued Liabilities 3,600.00 2,662.00 2,132.00 2,288.00 2,058.00
      Short-Term Debt 55.00 16,725.00 16,129.00 69.00 92.00
      Other Current Liabilities 1,077.00 808.00 1,678.00 1,352.00 453.00
   Non-Current Liabilities 11,052.00 6.00 69.00 14,924.00 77.00
      Long-Term Debt 9,903.00 6.00 69.00 14,924.00 77.00
      Other Non-Current Liabilities 1,149.00 0.00 0.00 0.00 0.00
Equity 20,899.00 -1,448.00 8,303.00 28,042.00 37,286.00
   Shareholders Equity 20,899.00 -2,896.00 8,303.00 28,042.00 37,286.00
      Capital Stock 103.00 90.00 87.00 79.00 76.00
      Share Premium 226,343.00 164,209.00 144,148.00 121,545.00 97,640.00
      Retained Earnings -205,578.00 -165,751.00 -135,936.00 -93,586.00 -60,434.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 31.00 4.00 4.00 4.00 4.00
   Minority Interest 0 0 0 0 0
Investments 21,607.00 0 0 0 0
Debt 9,958.00 16,731.00 16,198.00 14,993.00 169.00
Net Debt 0 1,185.00 0 0 0
Common Shares Outstanding 34,685.07 21,165.76 17,897.03 9,453.54 6,111.73
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Interest Income 4,536.00 3,678.00 199.00 0 0
Interest Expense 2,180.00 2,853.00 1,789.00 0.00 0.00
Net Interest 2,356.00 825.00 0 17.00 69.00
Non-Interest Expense 0 0 10,722.00 0 0
Operating Expenses 0 0 40,800.00 0 0
   Selling, General and Administrative Expenses 16,252.00 11,436.00 10,722.00 9,128.00 7,868.00
   Research and Development Expenses 22,817.00 15,814.00 30,078.00 23,966.00 6,882.00
Operating Income 0 0 -40,800.00 0 0
Net Non-Operating Income -758.00 -2,565.00 40.00 -58.00 37.00
EBT -39,827.00 -29,815.00 -42,350.00 -33,152.00 0
Income Tax 0.00 0.00 0 0.00 0.00
Net Income Including Non-Controlling Interests 0 0 -42,350.00 0 0
Net Income -39,827.00 -29,815.00 -42,350.00 -33,200.00 -14,730.00
EBIT -37,647.00 -26,962.00 -40,561.00 -33,152.00 0
Deprecation and Amortization 229.00 228.00 236.00 250.00 255.00
EBITDA -37,418.00 -26,734.00 -40,325.00 -32,902.00 0
EPS -0.00 -0.00 -0.00 0 0
Diluted EPS -0.00 -0.00 -0.00 0 0
Average Shares Outstanding Basic 32,071.15 19,827.35 10,593.03 0 0
Average Shares Outstanding Diluted 32,071.15 19,827.35 10,593.03 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -29,770.00 -24,479.00 -37,569.00 -29,440.00 -13,474.00
   Operating Net Income -39,827.00 -29,815.00 -42,350.00 -33,152.00 -14,730.00
   Deprecation and Amortization 229.00 228.00 236.00 250.00 255.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 5,325.00 3,439.00 3,270.00 2,187.00 1,286.00
   Change in Working Capital 3,035.00 -1,617.00 79.00 958.00 563.00
   Other Operating Activities 1,468.00 3,286.00 1,196.00 317.00 -848.00
Investing Cash Flow -21,580.00 -21.00 0 0 -17.00
   Capital Expenditure 0.00 0.00 0 0.00 0.00
   Net Purchase/Sale of PPE 0 21.00 0 0 17.00
   Net Purchase/Sale of Investments Net 74,194.00 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -95,774.00 -42.00 0 0 -34.00
Financing Cash Flow 48,527.00 15,278.00 19,315.00 36,610.00 32,680.00
   Net Issuance/Repayment of Debt 27,923.00 0 0 14,929.00 0
   Net Issuance/Repurchase of Equity 1,560.00 15,698.00 19,212.00 22,008.45 35,928.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 19,044.00 -420.00 103.00 -327.45 -3,248.00
Net Change in Cash -2,823.00 -9,225.00 -18,254.00 7,169.00 19,189.00
   Cash at Beginning of Period 15,596.00 24,821.00 43,072.00 35,903.00 16,714.00
   Cash at End of Period 12,773.00 15,596.00 24,821.00 43,072.00 35,903.00
Free Cash Flow 0 0 -37,569.00 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Assets 52,040.00 58,935.00 27,358.00 38,633.00 47,917.00 64,791.00 70,029.00 19,371.00 24,337.00 28,915.00 20,798.00 40,614.00 47,516.00 37,799.00 45,565.00 33,662.00 40,298.00
   Current Assets 50,055.00 56,903.00 25,000.00 36,467.00 45,529.00 62,519.00 67,709.00 16,982.00 21,897.00 26,379.00 18,224.00 37,692.00 44,594.00 34,733.00 42,431.00 30,439.00 36,975.00
      Cash and Short-Term Investments 48,100.00 55,400.00 23,200.00 34,400.00 42,900.00 61,300.00 66,398.00 15,546.00 19,919.00 25,071.00 16,514.00 36,337.00 43,022.00 33,312.00 42,001.00 29,637.00 35,853.00
            Cash and Cash Equivalents 31,930.00 51,874.00 13,016.00 12,753.00 9,544.00 14,756.00 66,398.00 15,546.00 19,919.00 25,071.00 16,514.00 36,337.00 43,022.00 33,312.00 42,001.00 29,637.00 35,853.00
            Short-Term Investments 16,184.00 3,523.00 10,229.00 21,607.00 33,367.00 46,557.00 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 1,955.00 1,503.00 1,800.00 2,067.00 2,629.00 1,219.00 1,311.00 1,436.00 1,978.00 1,308.00 1,710.00 1,355.00 1,572.00 1,421.00 430.00 802.00 1,122.00
   Non-Current Assets 1,985.00 2,032.00 2,358.00 2,166.00 2,388.00 2,272.00 2,320.00 2,389.00 2,440.00 2,536.00 2,574.00 2,922.00 2,922.00 3,066.00 3,134.00 3,223.00 3,323.00
      Property, Plant, Equipment Net 79.00 93.00 106.00 375.00 20.00 35.00 51.00 322.00 80.00 95.00 109.00 49.00 366.00 100.00 121.00 141.00 188.00
      Goodwill 1,034.00 1,034.00 1,034.00 1,034.00 1,034.00 1,034.00 1,034.00 1,034.00 1,034.00 1,034.00 1,034.00 1,034.00 1,034.00 1,034.00 1,034.00 1,034.00 1,034.00
      Intangible Assets 807.00 863.00 918.00 974.00 1,030.00 1,086.00 1,141.00 1,197.00 1,252.00 1,308.00 1,363.00 1,586.00 1,641.00 1,697.00 1,752.00 1,809.00 1,864.00
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 65.00 42.00 300.00 -217.00 304.00 117.00 94.00 -164.00 74.00 99.00 68.00 253.00 -119.00 235.00 227.00 239.00 237.00
Liabilities 18,425.00 17,267.00 17,079.00 17,734.00 16,539.00 22,506.00 20,573.00 20,819.00 20,299.00 19,216.00 20,355.00 19,181.00 19,474.00 3,099.00 4,711.00 3,574.00 3,012.00
   Current Liabilities 9,730.00 8,573.00 7,130.00 6,682.00 6,716.00 13,702.00 20,573.00 20,813.00 4,082.00 3,447.00 20,301.00 4,010.00 4,550.00 3,076.00 4,670.00 3,515.00 2,935.00
      Payables and Expenses 6,174.00 4,000.00 3,924.00 5,550.00 4,250.00 2,516.00 2,274.00 3,280.00 3,031.00 2,347.00 2,509.00 1,729.00 3,129.00 2,250.00 1,563.00 1,318.00 2,390.00
            Account Payables 1,943.00 1,218.00 1,656.00 1,950.00 1,011.00 550.00 373.00 618.00 638.00 361.00 1,063.00 418.00 841.00 815.00 575.00 585.00 332.00
            Current Accrued Liabilities 4,231.00 2,782.00 2,268.00 3,600.00 3,239.00 1,966.00 1,901.00 2,662.00 2,393.00 1,986.00 1,446.00 1,311.00 2,288.00 1,435.00 988.00 733.00 2,058.00
      Short-Term Debt 1,263.00 1,266.00 1,251.00 55.00 22.00 8,841.00 17,194.00 16,725.00 61.00 60.00 16,429.00 59.00 69.00 69.00 68.00 67.00 92.00
      Other Current Liabilities 2,293.00 3,307.00 1,955.00 1,077.00 2,444.00 2,345.00 1,105.00 808.00 990.00 1,040.00 1,363.00 2,222.00 1,352.00 757.00 3,039.00 2,130.00 453.00
   Non-Current Liabilities 8,695.00 8,694.00 9,949.00 11,052.00 9,823.00 8,804.00 0.00 6.00 16,217.00 15,769.00 54.00 15,171.00 14,924.00 23.00 41.00 59.00 77.00
      Long-Term Debt 8,695.00 8,694.00 8,709.00 9,903.00 9,823.00 8,804.00 0 6.00 16,217.00 15,769.00 54.00 15,171.00 14,924.00 23.00 41.00 59.00 77.00
      Other Non-Current Liabilities 0.00 0.00 1,240.00 1,149.00 0.00 0.00 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Equity 33,615.00 41,668.00 10,279.00 20,899.00 31,378.00 42,285.00 49,456.00 -1,448.00 4,038.00 9,699.00 443.00 21,433.00 28,042.00 34,700.00 40,854.00 30,088.00 37,286.00
   Shareholders Equity 33,615.00 41,668.00 10,279.00 20,899.00 31,378.00 42,285.00 49,456.00 -2,896.00 4,038.00 9,699.00 443.00 21,433.00 28,042.00 34,700.00 40,854.00 30,088.00 37,286.00
      Capital Stock 121.00 118.00 103.00 103.00 103.00 103.00 103.00 90.00 90.00 90.00 87.00 79.00 79.00 79.00 79.00 76.00 76.00
      Share Premium 279,049.00 272,670.00 228,575.00 226,343.00 224,418.00 222,895.00 221,594.00 164,209.00 164,219.00 162,772.00 145,280.00 122,509.00 121,545.00 121,052.00 120,515.00 98,441.00 97,640.00
      Retained Earnings -245,564.00 -231,123.00 -218,405.00 -205,578.00 -193,218.00 -180,706.00 -172,245.00 -165,751.00 -160,275.00 -153,167.00 -144,928.00 -101,159.00 -93,586.00 -86,435.00 -79,744.00 -68,433.00 -60,434.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 9.00 3.00 6.00 31.00 75.00 -7.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 16,184.00 3,523.00 10,229.00 21,607.00 33,367.00 46,557.00 0 0 0 0 0 0 0 0 0 0 0
Debt 9,958.00 9,960.00 9,960.00 9,958.00 9,845.00 17,645.00 17,194.00 16,731.00 16,278.00 15,829.00 16,483.00 15,230.00 14,993.00 92.00 109.00 126.00 169.00
Net Debt 0 0 0 0 0 0 0 1,185.00 0 0 0 0 0 0 0 0 0
Common Shares Outstanding 52,812.49 49,685.07 34,685.07 34,685.07 34,389.95 34,341.30 34,251.91 21,165.76 21,165.76 21,105.76 17,930.36 9,473.58 9,453.54 9,453.54 9,452.22 6,149.92 6,111.73
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
   Selling, General and Administrative Expenses 21,025.00 11,653.00 5,797.00 -4,790.00 11,358.00 6,501.00 3,183.00 -6,945.00 9,164.00 6,173.00 3,044.00 2,838.00 -4,150.00 6,519.00 4,417.00 2,342.00
   Research and Development Expenses 19,124.00 13,804.00 7,097.00 -3,415.00 15,521.00 7,912.00 2,799.00 -13,539.00 13,700.00 10,119.00 5,534.00 4,388.00 -16,005.00 19,460.00 14,869.00 5,642.00
Net Non-Operating Income 163.00 -88.00 67.00 884.00 -588.00 -542.00 -512.00 263.00 -1,475.00 -939.00 -414.00 -347.00 3.00 -22.00 -24.00 -15.00
Interest Income 1,636.00 890.00 507.00 -3,320.00 3,857.00 2,818.00 1,181.00 -1,380.00 2,683.00 1,640.00 735.00 361.00 0 0 0 0
Interest Expense 568.00 376.00 185.00 -2,233.00 1,983.00 1,617.00 813.00 -1,071.00 2,066.00 1,285.00 573.00 357.00 0.00 0.00 0.00 0.00
Net Interest 1,068.00 514.00 322.00 -1,087.00 1,874.00 1,201.00 368.00 -309.00 617.00 355.00 162.00 4.00 -16.00 14.00 11.00 8.00
EBT 0 0 0 -39,827.00 0 0 0 -29,815.00 0 0 0 0 -33,152.00 0 0 0
Income Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income -39,986.00 -25,545.00 -12,827.00 9,089.00 -27,467.00 -14,955.00 -6,494.00 20,747.00 -24,339.00 -17,231.00 -8,992.00 -7,573.00 20,110.00 -26,001.00 -19,310.00 -7,999.00
EBIT 0 0 0 -37,647.00 0 0 0 -26,962.00 0 0 0 0 -33,152.00 0 0 0
Deprecation and Amortization 171.00 117.00 62.00 -113.00 171.00 114.00 57.00 -114.00 171.00 113.00 58.00 60.00 -129.00 188.00 127.00 64.00
EBITDA 0 0 0 -37,418.00 0 0 0 -26,734.00 0 0 0 0 -32,902.00 0 0 0
EPS -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00 0 0.00 0 0 0
Diluted EPS -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00 0 0.00 0 0 0
Average Shares Outstanding Basic 40,189.10 34,685.07 34,685.07 42,301.03 31,252.00 29,683.42 25,048.13 23,529.01 19,376.32 18,486.32 17,917.77 0 0.00 0 0 0
Average Shares Outstanding Diluted 40,189.10 34,685.07 34,685.07 42,301.03 31,252.00 29,683.42 25,048.13 23,529.01 19,376.32 18,486.32 17,917.77 0 0.00 0 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Operating Cash Flow -31,488.00 -20,157.00 -11,088.00 6,308.00 -20,581.00 -10,209.00 -5,288.00 18,918.00 -20,115.00 -14,979.00 -8,303.00 -6,779.00 16,762.00 -24,222.00 -15,528.00 -6,452.00
   Operating Net Income -39,986.00 -25,545.00 -12,827.00 9,089.00 -27,467.00 -14,955.00 -6,494.00 20,747.00 -24,339.00 -17,231.00 -8,992.00 -7,573.00 20,158.00 -26,001.00 -19,310.00 -7,999.00
   Deprecation and Amortization 171.00 117.00 62.00 -113.00 171.00 114.00 57.00 -114.00 171.00 113.00 58.00 60.00 -129.00 188.00 127.00 64.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 7,460.00 5,120.00 2,232.00 -2,787.00 4,082.00 2,742.00 1,288.00 -3,370.00 3,449.00 2,275.00 1,085.00 823.00 -1,211.00 1,693.00 1,163.00 542.00
   Change in Working Capital 488.00 -2,142.00 -1,710.00 2,338.00 2,509.00 -825.00 -987.00 4,700.00 -1,308.00 -2,891.00 -2,118.00 -1,390.00 3,872.00 6.00 -1,530.00 -1,390.00
   Other Operating Activities 379.00 2,293.00 1,155.00 -2,219.00 124.00 2,715.00 848.00 -3,045.00 1,912.00 2,755.00 1,664.00 1,301.00 -5,928.00 -108.00 4,022.00 2,331.00
Investing Cash Flow 5,402.00 18,056.00 11,353.00 58,285.00 -33,297.00 -46,568.00 0 -6.00 -15.00 0 0 0 0 0 0 0
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 0 0 0 0 0 0 0 6.00 15.00 0 0 0 0 0 0 0
   Net Purchase/Sale of Investments Net 44,730.00 26,576.00 18,079.00 -32,991.00 60,617.00 46,568.00 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -39,328.00 -8,520.00 -6,726.00 91,276.00 -93,914.00 -93,136.00 0 -12.00 -30.00 0 0 0 0 0 0 0
Financing Cash Flow 45,264.00 41,222.00 0 -111,385.00 47,845.00 55,957.00 56,110.00 -15,325.00 15,278.00 15,278.00 47.00 95.00 -6,982.00 21,682.00 21,674.00 236.00
   Net Issuance/Repayment of Debt 0 0 0 0.00 27,923.00 0 0 0 0 0 0 0 14,929.00 0 0 0
   Net Issuance/Repurchase of Equity 120.00 0 0 -110,799.00 178.00 56,071.00 56,110.00 -15,912.00 15,728.00 15,728.00 154.00 75.93 -22,465.90 22,009.45 22,001.45 463.45
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities 45,144.00 41,222.00 0 -586.00 19,744.00 -114.00 0.00 587.00 -450.00 -450.00 -107.00 19.07 554.90 -327.45 -327.45 -227.45
Net Change in Cash 19,177.00 39,121.00 263.00 -46,793.00 -6,032.00 -820.00 50,822.00 3,584.00 -4,852.00 300.00 -8,257.00 -6,685.00 9,778.00 -2,541.00 6,148.00 -6,216.00
   Cash at Beginning of Period 12,773.00 12,773.00 12,773.00 59,566.00 15,596.00 15,596.00 15,596.00 12,012.00 24,821.00 24,821.00 24,821.00 43,072.00 33,294.00 35,903.00 35,903.00 35,903.00
   Cash at End of Period 31,950.00 51,894.00 13,036.00 12,773.00 9,564.00 14,776.00 66,418.00 15,596.00 19,969.00 25,121.00 16,564.00 36,387.00 43,072.00 33,362.00 42,051.00 29,687.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0