Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -1.45 -0.83 -11.84 -9.09
Price to Sales 10.24 2.35 34.52 61.35 21.91
Book Value Per Common Share 1.44 2.22 2.96 3.22 0.83
Price to Book 1.72 0.47 5.32 4.51 7.75
Price to Operating Cash Flow -9.55 -0.94 -15.20 -15.82 -7.55
Price to Free Cash Flow
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 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Price to Earnings -5.14 -5.68 -12.75 -2.30 -2.82 -5.17 -5.48 -12.35 -19.26 -17.11 -22.52 -55.61
Price to Sales 20.99 25.00 54.45 8.09 11.04 24.03 32.60 72.93 110.37 46.31 104.73 258.47 110.02 160.81 410.42
Book Value Per Common Share 1.11 1.22 1.33 1.44 1.82 1.88 1.99 2.22 2.21 2.54 2.63 2.96 3.30 3.54 2.92 3.22 3.54 3.82 2.16 0.83
Price to Book 1.71 1.17 1.15 1.72 0.63 0.59 0.62 0.47 3.10 4.08 3.07 5.32 4.77 3.95 5.91 4.51 5.09 4.60 11.69 7.75
Price to Operating Cash Flow -6.85 -7.55 -14.34 -7.36 -2.36 -4.23 -6.65 -15.17 -20.53 -21.02 -21.89 -50.51 -31.44 -43.95 -107.28
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 -40.09 5.03 121.25 0.96
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 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Earning YoY
Revenue YoY 59.38 102.47 42.82 93.32 85.06 49.25 99.47 158.96 107.40 49.92 108.78
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 2.64 2.61 3.52 3.98 1.20
Quick Ratio 6.46 5.89 10.50 9.87 3.69
Current Ratio 3.99 4.16 10.55 8.94 3.87
Debt to Equity 0.42 0.26 0.29 0.27 0.88
Long-Term Debt to Equity 0.21 0.06 0.18 0.16 0.49
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 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Cash Per Common Share 1.36 1.48 1.56 1.89 2.43 2.11 2.27 2.57 2.69 3.07 3.06 3.45 3.83 4.01 3.31 3.69 3.98 4.35 2.74 1.20
Quick Ratio 6.75 8.87 6.46 9.23 9.58 8.06 5.89 6.86 9.25 11.23 10.50 12.57 15.81 12.21 9.87 13.70 17.91 9.89 3.69
Current Ratio 3.92 3.88 5.06 3.99 7.03 7.50 6.74 4.16 4.50 5.82 10.10 10.55 12.97 15.99 11.41 8.94 11.54 16.17 9.27 3.87
Debt to Equity 0.46 0.44 0.38 0.42 0.40 0.20 0.23 0.26 0.40 0.31 0.30 0.29 0.22 0.18 0.26 0.27 0.22 0.23 0.44 0.88
Long-Term Debt to Equity 0.25 0.23 0.23 0.21 0.26 0.09 0.08 0.06 0.22 0.18 0.20 0.18 0.13 0.11 0.16 0.16 0.13 0.17 0.31 0.49

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -59.94 -44.82 -34.14 -36.17 -72.07
ROE -84.90 -56.29 -43.98 -46.04 -135.50
Gross Margin 55.26 89.05 86.48 64.95 61.46
Operating Margin -705.48 -284.32 -292.11 -675.73 -385.43
EBITDA Margin -701.16 -281.56 -289.43 -668.86 -375.49
Net Profit Margin -705.48 -283.15 -292.11 -675.73 -383.02
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 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
ROA -25.71 -16.13 -7.62 -19.47 -17.34 -9.73 -39.84 -24.50 -12.26 -22.15 -14.15 -8.29 -25.83 -16.29 -17.82
ROE -37.58 -23.16 -10.47 -27.29 -20.87 -11.93 -55.64 -32.12 -15.93 -26.96 -16.68 -10.43 -31.43 -20.07 -25.61
Gross Margin 85.94 85.32 85.27 79.38 79.78 77.93 81.51 81.08 83.51 85.70 73.83 71.80 64.42 63.10 62.44
Operating Margin -407.11 -438.73 -439.16 -768.33
EBITDA Margin -403.93 -435.26 -435.43 -761.77
Net Profit Margin -407.11 -438.73 -439.16 -350.85 -394.06 -462.11 -596.19 -590.52 -574.58 -269.44 -462.87 -458.72 -679.52 -702.22 -898.56

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 2022-12-31 2022-09-30 2022-06-30 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 220,327.00 197,405.00 254,596.00 251,211.00 70,784.00
   Current Assets 125,951.00 128,856.00 231,550.00 205,032.00 57,493.00
      Cash and Short-Term Investments 203,900.00 181,900.00 229,800.00 225,700.00 54,100.00
            Cash and Cash Equivalents 24,570.00 39,878.00 45,277.00 27,349.00 22,063.00
            Short-Term Investments 89,024.00 79,228.00 172,294.00 164,065.00 32,068.00
      Net Receivables 318.00 298.00 484.00 623.00 772.00
      Inventory 0 0 0 0 0
      Other Current Assets -78,267.00 -53,342.00 1,266.00 -21,291.00 2,621.00
   Non-Current Assets 94,376.00 68,549.00 23,046.00 46,179.00 13,291.00
      Property, Plant, Equipment Net 1,008.00 1,620.00 1,099.00 1,335.00 5,783.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 269.00 9,653.00 10,485.00 7,123.00
      Long-Term Investments 90,302.00 62,771.00 12,242.00 34,242.00 0
      Non-Current Deferred Assets 5,510.00 0 0 0 0
      Other Non-Current Assets -2,444.00 3,889.00 52.00 117.00 385.00
Liabilities 64,773.00 40,226.00 56,975.00 53,870.00 33,134.00
   Current Liabilities 31,596.00 30,952.00 21,938.00 22,931.00 14,874.00
      Payables and Expenses 25,023.00 28,324.00 19,052.00 20,036.00 11,160.00
            Account Payables 4,690.00 8,878.00 10,351.00 9,985.00 5,254.00
            Current Accrued Liabilities 20,333.00 19,446.00 8,701.00 10,051.00 5,906.00
      Short-Term Debt 481.00 426.00 684.00 693.00 603.00
      Other Current Liabilities 6,092.00 2,202.00 2,202.00 2,202.00 3,111.00
   Non-Current Liabilities 33,177.00 9,274.00 35,037.00 30,939.00 18,260.00
      Long-Term Debt 2,117.00 3,074.00 1,570.00 2,201.00 2,894.00
      Other Non-Current Liabilities 31,060.00 6,200.00 33,467.00 28,738.00 15,366.00
Equity 155,554.00 157,179.00 197,621.00 197,341.00 37,650.00
   Shareholders Equity 155,554.00 157,179.00 197,621.00 197,341.00 37,650.00
      Capital Stock 1.00 1.00 1.00 1.00 0
      Share Premium 1,058,317.00 928,080.00 880,832.00 792,971.00 542,286.00
      Retained Earnings -902,861.00 -770,796.00 -682,315.00 -595,407.00 -504,542.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 97.00 -106.00 -897.00 -224.00 -94.00
   Minority Interest 0 0 0 0 0
Investments 179,326.00 141,999.00 184,536.00 198,307.00 32,068.00
Debt 2,598.00 426.00 684.00 2,894.00 10,653.00
Common Shares Outstanding 107,850.12 70,894.89 66,688.65 61,228.45 45,109.31
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 18,720.00 31,249.00 29,752.00 13,447.00 13,319.00
Cost Of Revenue 8,376.00 3,423.00 4,023.00 4,713.00 5,133.00
Gross Profit 10,344.00 27,826.00 25,729.00 8,734.00 8,186.00
Operating Expenses 399,804.00 222,540.00 205,437.00 188,180.00 110,010.00
   Selling, General and Administrative Expenses 48,441.00 32,412.00 25,133.00 23,619.00 20,530.00
   Research and Development Expenses 100,758.00 98,384.00 77,813.00 43,813.00 31,731.00
   Other Operating Expenses 250,605.00 91,744.00 102,491.00 120,748.00 57,749.00
Operating Income -389,460.00 -194,714.00 -179,708.00 -179,446.00 -101,824.00
Net Non-Operating Income 257,395.00 105,866.00 92,800.00 88,581.00 50,488.00
Interest Expense 0.00 0.00 0.00 0.00 0.00
Net Interest 7,953.00 0 0 0 0
EBT -132,065.00 -88,848.00 -86,908.00 -90,865.00 -51,336.00
Income Tax 0.00 367.00 0.00 0.00 182.00
Net Income -132,065.00 -88,481.00 -86,908.00 -90,865.00 -51,015.00
EBIT -132,065.00 -88,848.00 -86,908.00 -90,865.00 -51,336.00
Deprecation and Amortization 807.00 863.00 797.00 923.00 1,324.00
EBITDA -131,258.00 -87,985.00 -86,111.00 -89,942.00 -50,012.00
EPS -0.00 -0.00 -0.00 -0.00 0
Diluted EPS -0.00 -0.00 -0.00 -0.00 0
Average Shares Outstanding Basic 77,296.66 69,808.85 65,213.94 56,730.58 0
Average Shares Outstanding Diluted 77,296.66 69,808.85 65,213.94 56,730.58 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -20,075.00 -78,325.00 -67,567.00 -52,134.00 -38,633.00
   Operating Net Income -132,065.00 -88,481.00 -86,908.00 -90,865.00 -51,015.00
   Deprecation and Amortization 807.00 863.00 797.00 923.00 1,324.00
   Deferred Income Tax 0 -367.00 0 0 -182.00
   Share Based Compensation 10,856.00 20,542.00 15,039.00 14,060.00 11,207.00
   Change in Working Capital 24,614.00 11,647.00 3,115.00 9,593.00 -15,534.00
   Other Operating Activities 75,713.00 -22,529.00 390.00 14,155.00 15,567.00
Investing Cash Flow -69,769.00 46,220.00 12,628.00 -167,632.00 6,387.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 35,931.00 1,309.00 605.00 308.00 453.00
   Net Purchase/Sale of Investments Net 206,126.00 318,879.00 342,739.00 302,982.00 102,268.00
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -311,826.00 -273,968.00 -330,716.00 -470,922.00 -96,334.00
Financing Cash Flow 74,536.00 26,706.00 72,867.00 225,052.00 18,372.00
   Net Issuance/Repayment of Debt 0 0 0 0 11,050.00
   Net Issuance/Repurchase of Equity 32.00 94.00 157.00 1,459.00 70.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 74,504.00 26,612.00 72,710.00 223,593.00 7,252.00
Net Change in Cash -15,308.00 -5,399.00 17,928.00 5,286.00 -13,874.00
   Cash at Beginning of Period 39,878.00 45,277.00 27,349.00 22,063.00 35,937.00
   Cash at End of Period 24,570.00 39,878.00 45,277.00 27,349.00 22,063.00
Free Cash Flow 0 0 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 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Assets 175,534.00 189,147.00 198,094.00 220,327.00 182,394.00 161,071.00 174,065.00 197,405.00 218,354.00 235,649.00 229,705.00 254,596.00 267,632.00 277,976.00 226,527.00 251,211.00 263,494.00 288,046.00 161,399.00 70,784.00
   Current Assets 100,592.00 104,202.00 108,790.00 125,951.00 132,330.00 117,635.00 135,338.00 128,856.00 123,068.00 132,935.00 184,361.00 231,550.00 256,573.00 259,354.00 190,881.00 205,032.00 205,782.00 241,261.00 134,501.00 57,493.00
      Cash and Short-Term Investments 167,200.00 180,900.00 190,500.00 203,900.00 173,400.00 149,900.00 161,400.00 181,900.00 187,000.00 210,800.00 204,400.00 229,800.00 248,100.00 255,800.00 203,600.00 225,700.00 243,600.00 266,200.00 142,700.00 54,100.00
            Cash and Cash Equivalents 25,256.00 25,402.00 30,357.00 24,570.00 47,651.00 22,834.00 35,841.00 39,878.00 39,040.00 31,150.00 44,722.00 45,277.00 61,653.00 68,264.00 36,342.00 27,349.00 53,602.00 113,447.00 35,267.00 22,063.00
            Short-Term Investments 70,656.00 74,404.00 74,957.00 89,024.00 80,071.00 88,259.00 92,325.00 79,228.00 64,012.00 88,625.00 126,081.00 172,294.00 186,409.00 180,339.00 143,280.00 164,065.00 144,280.00 118,227.00 93,028.00 32,068.00
      Net Receivables 0 194.00 250.00 318.00 343.00 325.00 373.00 298.00 346.00 431.00 686.00 484.00 597.00 637.00 633.00 623.00 811.00 939.00 817.00 772.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets -66,608.00 -76,892.00 -81,960.00 -78,267.00 -41,413.00 -32,590.00 -26,435.00 -53,342.00 -64,278.00 -78,296.00 -20,725.00 1,266.00 7,876.00 2,917.00 -13,352.00 -21,291.00 -38,629.00 -25,878.00 -9,016.00 2,621.00
   Non-Current Assets 74,942.00 84,945.00 89,304.00 94,376.00 50,064.00 43,436.00 38,727.00 68,549.00 95,286.00 102,714.00 45,344.00 23,046.00 11,059.00 18,622.00 35,646.00 46,179.00 57,712.00 46,785.00 26,898.00 13,291.00
      Property, Plant, Equipment Net 811.00 868.00 942.00 1,008.00 1,133.00 1,293.00 1,531.00 1,620.00 1,764.00 1,899.00 1,513.00 1,099.00 1,145.00 1,276.00 1,277.00 1,335.00 4,785.00 5,077.00 5,385.00 5,783.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0 269.00 9,501.00 9,746.00 9,987.00 9,653.00 9,868.00 10,078.00 10,284.00 10,485.00 7,067.00 7,086.00 7,105.00 7,123.00
      Long-Term Investments 71,297.00 81,084.00 85,211.00 90,302.00 45,714.00 38,778.00 33,199.00 62,771.00 83,944.00 90,992.00 33,602.00 12,242.00 0 7,221.00 23,955.00 34,242.00 45,735.00 34,503.00 14,362.00 0
      Non-Current Deferred Assets 0 0 0 5,510.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 2,834.00 2,993.00 3,151.00 -2,444.00 3,217.00 3,365.00 3,997.00 3,889.00 77.00 77.00 242.00 52.00 46.00 47.00 130.00 117.00 125.00 119.00 46.00 385.00
Liabilities 55,434.00 57,408.00 54,028.00 64,773.00 52,243.00 27,249.00 32,051.00 40,226.00 62,021.00 55,899.00 52,895.00 56,975.00 47,794.00 42,224.00 46,328.00 53,870.00 46,913.00 54,231.00 49,105.00 33,134.00
   Current Liabilities 25,631.00 26,839.00 21,514.00 31,596.00 18,816.00 15,682.00 20,080.00 30,952.00 27,320.00 22,829.00 18,258.00 21,938.00 19,789.00 16,217.00 16,726.00 22,931.00 17,839.00 14,916.00 14,505.00 14,874.00
      Payables and Expenses 18,971.00 20,208.00 14,926.00 25,023.00 12,384.00 13,031.00 17,375.00 28,324.00 24,808.00 20,169.00 15,453.00 19,052.00 16,821.00 13,274.00 13,808.00 20,036.00 14,972.00 11,175.00 10,891.00 11,160.00
            Account Payables 9,187.00 8,797.00 6,354.00 4,690.00 7,662.00 7,269.00 10,810.00 8,878.00 9,648.00 11,425.00 8,190.00 10,351.00 7,667.00 5,703.00 8,121.00 9,985.00 7,564.00 4,244.00 7,292.00 5,254.00
            Current Accrued Liabilities 9,784.00 11,411.00 8,572.00 20,333.00 4,722.00 5,762.00 6,565.00 19,446.00 15,160.00 8,744.00 7,263.00 8,701.00 9,154.00 7,571.00 5,687.00 10,051.00 7,408.00 6,931.00 3,599.00 5,906.00
      Short-Term Debt 533.00 515.00 498.00 481.00 465.00 449.00 503.00 426.00 310.00 458.00 603.00 684.00 766.00 741.00 716.00 693.00 669.00 647.00 625.00 603.00
      Other Current Liabilities 6,127.00 6,116.00 6,090.00 6,092.00 5,967.00 2,202.00 2,202.00 2,202.00 2,202.00 2,202.00 2,202.00 2,202.00 2,202.00 2,202.00 2,202.00 2,202.00 2,198.00 3,094.00 2,989.00 3,111.00
   Non-Current Liabilities 29,803.00 30,569.00 32,514.00 33,177.00 33,427.00 11,567.00 11,971.00 9,274.00 34,701.00 33,070.00 34,637.00 35,037.00 28,005.00 26,007.00 29,602.00 30,939.00 29,074.00 39,315.00 34,600.00 18,260.00
      Long-Term Debt 1,711.00 1,851.00 1,986.00 2,117.00 2,245.00 2,367.00 2,971.00 3,074.00 1,834.00 1,903.00 1,970.00 1,570.00 1,617.00 1,820.00 2,015.00 2,201.00 2,383.00 2,559.00 2,730.00 2,894.00
      Other Non-Current Liabilities 28,092.00 28,718.00 30,528.00 31,060.00 31,182.00 9,200.00 9,000.00 6,200.00 32,867.00 31,167.00 32,667.00 33,467.00 26,388.00 24,187.00 27,587.00 28,738.00 26,691.00 36,756.00 31,870.00 15,366.00
Equity 120,100.00 131,739.00 144,066.00 155,554.00 130,151.00 133,822.00 142,014.00 157,179.00 156,333.00 179,750.00 176,810.00 197,621.00 219,838.00 235,752.00 180,199.00 197,341.00 216,581.00 233,815.00 112,294.00 37,650.00
   Shareholders Equity 120,100.00 131,739.00 144,066.00 155,554.00 130,151.00 133,822.00 142,014.00 157,179.00 156,333.00 179,750.00 176,810.00 197,621.00 219,838.00 235,752.00 180,199.00 197,341.00 216,581.00 233,815.00 112,294.00 37,650.00
      Capital Stock 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0 0
      Share Premium 1,067,491.00 1,064,631.00 1,061,577.00 1,058,317.00 936,032.00 933,007.00 930,114.00 928,080.00 926,766.00 920,904.00 887,638.00 880,832.00 875,982.00 871,805.00 795,366.00 792,971.00 789,186.00 785,455.00 645,730.00 542,286.00
      Retained Earnings -947,989.00 -933,375.00 -917,946.00 -902,861.00 -806,309.00 -798,723.00 -787,737.00 -770,796.00 -769,305.00 -740,044.00 -710,475.00 -682,315.00 -654,680.00 -634,728.00 -614,196.00 -595,407.00 -572,603.00 -551,457.00 -533,296.00 -504,542.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 597.00 482.00 434.00 97.00 427.00 -463.00 -364.00 -106.00 -1,129.00 -1,111.00 -354.00 -897.00 -1,465.00 -1,326.00 -972.00 -224.00 -3.00 -184.00 -140.00 -94.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 141,953.00 155,488.00 160,168.00 179,326.00 125,785.00 127,037.00 125,524.00 141,999.00 147,956.00 179,617.00 159,683.00 184,536.00 186,409.00 187,560.00 167,235.00 198,307.00 190,015.00 152,730.00 107,390.00 32,068.00
Debt 2,244.00 2,366.00 2,484.00 2,598.00 2,710.00 2,816.00 3,474.00 426.00 310.00 458.00 603.00 684.00 766.00 741.00 2,731.00 2,894.00 3,052.00 10,731.00 10,692.00 10,653.00
Common Shares Outstanding 108,342.59 108,328.79 108,265.53 107,850.12 71,417.51 71,332.82 71,248.02 70,894.89 70,818.95 70,769.70 67,206.02 66,688.65 66,679.64 66,667.58 61,737.48 61,228.45 61,226.75 61,204.99 52,081.73 45,109.31
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 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Revenues 11,085.00 6,955.00 3,435.00 -2,155.00 10,122.00 7,087.00 3,666.00 1,981.00 14,591.00 9,776.00 4,901.00 -4,838.00 21,999.00 8,495.00 4,096.00 -6,450.00 10,016.00 6,681.00 3,200.00
Cost Of Revenue 1,559.00 1,021.00 506.00 4,047.00 2,087.00 1,433.00 809.00 -1,933.00 2,698.00 1,850.00 808.00 -2,501.00 3,146.00 2,223.00 1,155.00 -2,518.00 3,564.00 2,465.00 1,202.00
Gross Profit 9,526.00 5,934.00 2,929.00 -6,202.00 8,035.00 5,654.00 2,857.00 3,914.00 11,893.00 7,926.00 4,093.00 -2,337.00 18,853.00 6,272.00 2,941.00 -3,932.00 6,452.00 4,216.00 1,998.00
Operating Expenses 141,635.00 95,404.00 46,703.00 197,310.00 92,549.00 69,226.00 40,719.00 -171,294.00 198,513.00 131,392.00 63,929.00 -61,795.00 140,403.00 86,074.00 40,755.00 -108,274.00 140,112.00 97,286.00 59,056.00
   Selling, General and Administrative Expenses 34,781.00 24,572.00 13,178.00 12,752.00 17,249.00 11,596.00 6,844.00 -17,683.00 24,198.00 17,107.00 8,790.00 -11,127.00 17,987.00 12,174.00 6,099.00 -8,581.00 16,676.00 10,697.00 4,827.00
   Research and Development Expenses 108,183.00 69,099.00 34,752.00 47,749.00 24,560.00 18,604.00 9,845.00 -43,803.00 71,738.00 47,862.00 22,587.00 -26,319.00 56,741.00 33,085.00 14,306.00 -9,471.00 29,711.00 15,735.00 7,838.00
   Other Operating Expenses -1,329.00 1,733.00 -1,227.00 136,809.00 50,740.00 39,026.00 24,030.00 -109,808.00 102,577.00 66,423.00 32,552.00 -24,349.00 65,675.00 40,815.00 20,350.00 -90,222.00 93,725.00 70,854.00 46,391.00
Operating Income -132,109.00 -89,470.00 -43,774.00 -203,512.00 -84,514.00 -63,572.00 -37,862.00 175,208.00 -186,620.00 -123,466.00 -59,836.00 59,458.00 -121,550.00 -79,802.00 -37,814.00 104,342.00 -133,660.00 -93,070.00 -57,058.00
Net Non-Operating Income 86,981.00 58,956.00 28,689.00 250,651.00 6,744.00 0 0 105,866.00 0 0 0 92,800.00 0 0 0 88,581.00 0 0 0
Interest Expense 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 0.00 0.00 0.00
Net Interest 6,003.00 4,184.00 2,166.00 2,103.00 5,850.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0
EBT -45,128.00 -30,514.00 -15,085.00 -54,295.00 -77,770.00 0 0 -88,848.00 0 0 0 -86,908.00 0 0 0 -90,865.00 0 0 0
Income Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 367.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income -45,128.00 -30,514.00 -15,085.00 -51,684.00 -35,513.00 -27,927.00 -16,941.00 84,398.00 -86,990.00 -57,729.00 -28,160.00 30,475.00 -59,273.00 -39,321.00 -18,789.00 52,865.00 -68,061.00 -46,915.00 -28,754.00
EBIT -45,128.00 -30,514.00 -15,085.00 -54,295.00 -77,770.00 0 0 -88,848.00 0 0 0 -86,908.00 0 0 0 -90,865.00 0 0 0
Deprecation and Amortization 352.00 242.00 128.00 -585.00 664.00 485.00 243.00 -386.00 635.00 416.00 198.00 -432.00 607.00 414.00 208.00 -626.00 726.00 535.00 288.00
EBITDA -44,776.00 -30,272.00 -14,957.00 -54,152.00 -77,106.00 0 0 -87,985.00 0 0 0 -86,111.00 0 0 0 -89,942.00 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 0.00 -0.00 -0.00 -0.00 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 0.00 -0.00 -0.00 -0.00 0.00 0 0 0
Average Shares Outstanding Basic 122,531.03 122,486.16 122,390.30 95,678.86 71,249.81 71,183.13 71,074.86 74,146.60 69,452.49 68,763.54 66,872.78 70,983.62 64,718.01 63,723.12 61,431.03 56,730.58 0 0 0
Average Shares Outstanding Diluted 122,531.03 122,486.16 122,390.30 95,678.86 71,249.81 71,183.13 71,074.86 74,146.60 69,452.49 68,763.54 66,872.78 70,983.62 64,718.01 63,723.12 61,431.03 56,730.58 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 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Operating Cash Flow -33,982.00 -23,050.00 -13,057.00 45,014.00 -11,137.00 -33,137.00 -20,815.00 66,599.00 -71,564.00 -47,007.00 -26,353.00 42,489.00 -48,452.00 -40,635.00 -20,969.00 19,610.00 -35,059.00 -24,453.00 -12,232.00
   Operating Net Income -45,128.00 -30,514.00 -15,085.00 -51,684.00 -35,513.00 -27,927.00 -16,941.00 84,398.00 -86,990.00 -57,729.00 -28,160.00 30,475.00 -59,273.00 -39,321.00 -18,789.00 52,865.00 -68,061.00 -46,915.00 -28,754.00
   Deprecation and Amortization 352.00 242.00 128.00 -585.00 664.00 485.00 243.00 -386.00 635.00 416.00 198.00 -432.00 607.00 414.00 208.00 -626.00 726.00 535.00 288.00
   Deferred Income Tax 0 0 0 0 0 0 0 -367.00 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 9,458.00 6,598.00 3,535.00 -4,221.00 7,996.00 4,992.00 2,089.00 -18,868.00 19,276.00 13,328.00 6,806.00 -3,571.00 10,226.00 6,038.00 2,346.00 -5,331.00 10,209.00 6,507.00 2,675.00
   Change in Working Capital 1,974.00 -4,843.00 -7,445.00 35,793.00 20,032.00 -18,267.00 -12,944.00 -2,915.00 14,425.00 2,382.00 -2,245.00 17,241.00 -4,480.00 -5,756.00 -3,890.00 3,652.00 -730.00 4,961.00 1,710.00
   Other Operating Activities -638.00 5,467.00 5,810.00 65,711.00 -4,316.00 7,580.00 6,738.00 4,737.00 -18,910.00 -5,404.00 -2,952.00 -1,224.00 4,468.00 -2,010.00 -844.00 -30,950.00 22,797.00 10,459.00 11,849.00
Investing Cash Flow 37,996.00 24,166.00 19,119.00 -121,715.00 18,954.00 16,159.00 16,833.00 -24,384.00 38,670.00 6,136.00 25,798.00 -35,939.00 9,926.00 8,709.00 29,932.00 186,922.00 -158,456.00 -120,784.00 -75,314.00
   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 0.00 0.00 0.00
   Net Purchase/Sale of PPE 920.00 897.00 876.00 35,554.00 121.00 121.00 135.00 -896.00 868.00 784.00 553.00 -409.00 500.00 350.00 164.00 148.00 108.00 52.00 0
   Net Purchase/Sale of Investments Net 109,164.00 84,915.00 39,987.00 -15,743.00 118,185.00 86,716.00 16,968.00 -319,354.00 310,888.00 243,946.00 83,399.00 -143,608.00 247,884.00 179,251.00 59,212.00 -208,554.00 241,376.00 173,846.00 96,314.00
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -72,088.00 -61,646.00 -21,744.00 -141,526.00 -99,352.00 -70,678.00 -270.00 295,866.00 -273,086.00 -238,594.00 -58,154.00 108,078.00 -238,458.00 -170,892.00 -29,444.00 395,328.00 -399,940.00 -294,682.00 -171,628.00
Financing Cash Flow -3,328.00 -284.00 -275.00 74,701.00 -44.00 -66.00 -55.00 -26,695.00 26,657.00 26,744.00 0 -72,834.00 72,830.00 72,841.00 30.00 -337,373.00 225,054.00 236,621.00 100,750.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 0 0 0 0.00 32.00 0 0 19.00 45.00 30.00 0 -120.00 120.00 120.00 37.00 -1,875.00 1,459.00 1,459.00 416.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -3,328.00 -284.00 -275.00 74,701.00 -76.00 -66.00 -55.00 -26,714.00 26,612.00 26,714.00 0 -72,714.00 72,710.00 72,721.00 -7.00 -335,498.00 223,595.00 235,162.00 100,334.00
Net Change in Cash 686.00 832.00 5,787.00 -2,000.00 7,773.00 -17,044.00 -4,037.00 15,520.00 -6,237.00 -14,127.00 -555.00 -66,284.00 34,304.00 40,915.00 8,993.00 -130,841.00 31,539.00 91,384.00 13,204.00
   Cash at Beginning of Period 24,570.00 24,570.00 24,570.00 26,570.00 39,878.00 39,878.00 39,878.00 24,358.00 45,277.00 45,277.00 45,277.00 111,561.00 27,349.00 27,349.00 27,349.00 158,190.00 22,063.00 22,063.00 22,063.00
   Cash at End of Period 25,256.00 25,402.00 30,357.00 24,570.00 47,651.00 22,834.00 35,841.00 39,878.00 39,040.00 31,150.00 44,722.00 45,277.00 61,653.00 68,264.00 36,342.00 27,349.00 53,602.00 113,447.00 35,267.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0