Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -2.59 -3.52 -6.78 -16.47
Price to Sales 2.83 6.20 9.39 15.08 7.84
Book Value Per Common Share 2.33 3.31 9.19 12.89 14.50
Price to Book 5.69 6.47 3.37 2.70 1.48
Price to Operating Cash Flow -2.78 -4.77 -11.86 -20.76 -41.55
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 -14.18 -8.47 -14.52 -7.51 -7.48 -13.73 -4.00 -6.60 -13.77 -7.01 -8.25 -18.89 -29.48 -38.13
Price to Sales 4.87 4.96 4.28 8.59 7.30 6.49 5.22 5.97 6.54 7.70 257.94 685.32 11.95 17.20 52.43
Book Value Per Common Share -2.13 -3.20 1.12 2.33 2.77 0.36 1.75 3.31 4.53 5.60 7.07 9.19 9.79 10.78 11.74 12.89 13.97 14.06 13.96 14.50
Price to Book -14.35 -6.94 16.60 5.69 12.08 69.59 12.88 6.47 3.96 3.64 3.08 3.37 2.61 1.88 2.11 2.70 1.94 1.84 1.54 1.48
Price to Operating Cash Flow -11.37 -12.95 -53.24 -13.51 -11.59 -16.20 -5.62 -11.11 -24.76 -11.38 -12.57 -32.63 -36.04 -52.15 -25.42
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 43.01 0.00 47.15 -15.73
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 37.59 0.00 16.13 0.00 0.00 0.00 4127.27 120.00 50.70 266.98
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 23.00 27.70 28.80 21.89 19.62
Quick Ratio 15.26 20.10 31.19 37.35
Current Ratio 9.51 10.87 17.16 34.40 20.01
Debt to Equity 5.83 4.13 1.33 0.80 0.05
Long-Term Debt to Equity 5.19 3.71 1.23 0.76 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 2022-12-31 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 13.34 16.39 19.13 21.42 24.15 23.26 24.46 28.04 29.58 30.18 27.47 28.45 29.47 29.19 30.49 21.72 15.00 14.32 14.13 19.62
Quick Ratio 12.17 14.31 13.72 15.26 15.52 15.81 20.52 20.10 20.50 19.86 21.49 31.19 39.34 41.12 42.76 37.35 19.71 19.05 26.80
Current Ratio 8.68 8.22 8.25 9.51 10.23 9.09 11.53 10.87 10.92 10.53 12.21 17.16 21.39 22.79 25.90 34.40 18.51 19.31 26.74 20.01
Debt to Equity -7.00 -4.75 11.41 5.83 4.85 42.26 7.49 4.13 3.05 2.48 1.89 1.33 1.23 0.98 0.89 0.80 0.11 0.11 0.04 0.05
Long-Term Debt to Equity -6.35 -4.35 10.11 5.19 4.33 38.17 6.82 3.71 2.72 2.20 1.70 1.23 1.15 0.92 0.83 0.76 0.05 0.05 0.00 0.00

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -30.02 -36.17 -21.09 -8.99 -4.78
ROE -204.93 -185.71 -49.11 -16.22 -5.02
Gross Margin
Operating Margin -109.19 -175.94 -138.39 -91.45 -26.57
EBITDA Margin -107.39 -173.38 -135.88 -88.14 -26.44
Net Profit Margin -109.20 -175.93 -138.41 -91.45 -26.57
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 -17.80 -23.25 -9.32 -25.02 -21.20 -10.83 -24.91 -16.26 -8.02 -16.54 -11.40 -5.80 -5.95 -4.36 -4.58
ROE 106.82 87.14 -115.60 -146.32 -917.06 -91.96 -100.85 -56.65 -23.16 -36.85 -22.61 -10.96 -6.58 -4.82 -4.76
Gross Margin
Operating Margin -34.30 -58.55 -29.54 -114.29 -97.41 -47.24 -130.55 -90.43 -47.59 -110.01 -3127.68 -3625.50 -40.61 -45.05 -161.49
EBITDA Margin -33.30 -57.65 -29.08 -112.63 -96.12 -46.59 -120.72 -84.46 -44.59 -108.15 -3075.68 -3568.20 -37.87 -42.54 -160.38
Net Profit Margin -34.34 -58.62 -29.57 -114.30 -97.42 -47.24 -130.55 -90.43 -47.59 -110.01 -3127.68 -3625.50 -40.61 -45.05 -161.49

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 483,834.00 452,389.00 610,383.00 643,070.00 416,552.00
   Current Assets 431,876.00 406,835.00 447,205.00 553,876.00 396,561.00
      Cash and Short-Term Investments 652,673.00 745,804.00 811,141.00 600,497.00 536,853.00
            Cash and Cash Equivalents 123,080.00 35,965.00 71,308.00 495,729.00 250,456.00
            Short-Term Investments 529,593.00 709,839.00 739,833.00 104,768.00 286,397.00
      Net Receivables 40,765.00 6,851.00 1,419.00 876.00 0
      Inventory 0 0 0 0 0
      Other Current Assets -261,562.00 -345,820.00 -365,355.00 -47,497.00 -140,292.00
   Non-Current Assets 51,958.00 45,554.00 163,178.00 89,194.00 19,991.00
      Property, Plant, Equipment Net 16,232.00 18,272.00 19,987.00 21,841.00 2,127.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 70,970.00 54,126.00 285,935.00 134,197.00 35,046.00
      Non-Current Deferred Assets 6,363.00 6,978.00 7,371.00 0 0
      Other Non-Current Assets -41,607.00 -33,822.00 -150,115.00 -66,844.00 -17,182.00
Liabilities 412,966.00 364,286.00 348,280.00 286,642.00 19,821.00
   Current Liabilities 45,428.00 37,442.00 26,054.00 16,099.00 19,821.00
      Payables and Expenses 43,503.00 35,665.00 24,417.00 14,594.00 19,479.00
            Account Payables 4,002.00 4,698.00 2,784.00 1,741.00 4,217.00
            Current Accrued Liabilities 39,501.00 30,967.00 21,633.00 12,853.00 15,262.00
      Short-Term Debt 1,925.00 1,777.00 1,637.00 1,505.00 0
      Other Current Liabilities 0.00 0.00 0.00 0.00 342.00
   Non-Current Liabilities 367,538.00 326,844.00 322,226.00 270,543.00 0.00
      Long-Term Debt 14,112.00 16,037.00 17,813.00 19,450.00 0
      Other Non-Current Liabilities 353,426.00 310,807.00 304,413.00 251,093.00 0
Equity 70,868.00 88,103.00 262,103.00 356,428.00 396,731.00
   Shareholders Equity 70,868.00 88,103.00 262,103.00 356,428.00 396,731.00
      Capital Stock 30.00 27.00 29.00 28.00 27.00
      Share Premium 829,860.00 702,969.00 717,797.00 678,575.00 660,665.00
      Retained Earnings -759,327.00 -614,096.00 -450,477.00 -321,753.00 -263,957.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 305.00 -797.00 -5,246.00 -422.00 -4.00
   Minority Interest 0 0 0 0 0
Investments 600,563.00 763,965.00 1,025,768.00 238,965.00 321,443.00
Debt 16,037.00 17,814.00 19,450.00 20,955.00 0
Common Shares Outstanding 30,473.44 26,597.00 28,513.16 27,647.25 27,356.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 133,000.00 93,000.00 93,000.00 63,200.00 75,000.00
Operating Expenses 206,229.00 181,568.00 125,441.00 119,989.00 98,879.00
   Selling, General and Administrative Expenses 127,167.00 41,946.00 36,643.00 21,493.00 18,854.00
   Research and Development Expenses 609,487.00 139,622.00 88,798.00 98,496.00 80,025.00
   Other Operating Expenses -530,425.00 0.00 0.00 0.00 0.00
Operating Income -114,949.00 -164,411.00 -115,154.00 -56,814.00 -23,879.00
Net Non-Operating Income -30,279.00 788.00 -13,546.00 -982.00 3,948.00
Interest Expense 0.00 0.00 0.00 0.00 0.00
EBT -145,228.00 -163,623.00 -128,700.00 -57,796.00 -19,931.00
Income Tax 3.00 4.00 24.00 0.00 0.00
Net Income -145,231.00 -163,619.00 -128,724.00 -57,796.00 -19,931.00
EBIT -145,228.00 -163,623.00 -128,700.00 -57,796.00 -19,931.00
Deprecation and Amortization 2,397.00 2,376.00 2,335.00 2,090.00 98.00
EBITDA -142,831.00 -161,247.00 -126,365.00 -55,706.00 -19,833.00
EPS -0.01 -0.01 -0.00 -0.00 0
Diluted EPS -0.01 -0.01 -0.00 -0.00 0
Average Shares Outstanding Basic 28,382.00 26,924.00 28,165.00 27,431.00 0
Average Shares Outstanding Diluted 28,382.00 26,924.00 28,165.00 27,431.00 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -135,337.00 -120,800.00 -73,593.00 -45,920.00 -14,157.00
   Operating Net Income -435,693.00 -163,619.00 -128,724.00 -57,796.00 -19,931.00
   Deprecation and Amortization 2,397.00 2,376.00 2,335.00 2,090.00 98.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 34,048.00 44,905.00 0 0 0
   Change in Working Capital -4,903.00 18,928.00 9,551.00 -2,135.00 -10,983.00
   Other Operating Activities 268,814.00 -23,390.00 43,245.00 11,921.00 16,659.00
Investing Cash Flow 95,398.00 144,754.00 -394,845.00 38,835.00 94,475.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 358.00 807.00 358.00 1,381.00 569.00
   Net Purchase/Sale of Investments Net 856,508.00 753,399.00 1,210,519.00 277,510.00 484,898.00
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -761,468.00 -609,452.00 -1,605,722.00 -240,056.00 -390,992.00
Financing Cash Flow 127,054.00 -59,297.00 44,017.00 252,298.00 -879.00
   Net Issuance/Repayment of Debt 0 0 0 0 1,375.00
   Net Issuance/Repurchase of Equity 6,929.00 52,472.00 11,827.00 2,553.00 496.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 120,125.00 -111,769.00 32,190.00 249,745.00 -2,750.00
Net Change in Cash 87,115.00 -35,343.00 -424,421.00 245,213.00 79,439.00
   Cash at Beginning of Period 35,965.00 71,308.00 495,729.00 250,516.00 171,077.00
   Cash at End of Period 123,080.00 35,965.00 71,308.00 495,729.00 250,516.00
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 353,098.00 335,250.00 422,053.00 483,834.00 493,418.00 427,376.00 405,835.00 452,389.00 487,326.00 517,100.00 551,792.00 610,383.00 618,503.00 603,848.00 625,171.00 643,070.00 424,335.00 426,569.00 396,418.00 416,552.00
   Current Assets 330,650.00 291,906.00 363,112.00 431,876.00 448,681.00 367,350.00 372,420.00 406,835.00 428,000.00 438,535.00 437,154.00 447,205.00 450,444.00 452,809.00 512,411.00 553,876.00 386,644.00 398,061.00 387,131.00 396,561.00
      Cash and Short-Term Investments 388,056.00 487,110.00 586,236.00 652,673.00 668,617.00 629,904.00 655,565.00 745,804.00 799,747.00 823,686.00 767,751.00 811,141.00 827,366.00 816,051.00 844,921.00 600,497.00 410,924.00 392,011.00 386,620.00 536,853.00
            Cash and Cash Equivalents 109,833.00 44,298.00 98,637.00 123,080.00 191,581.00 71,821.00 53,695.00 35,965.00 26,295.00 35,206.00 94,562.00 71,308.00 58,547.00 71,701.00 166,412.00 495,729.00 336,388.00 332,314.00 284,208.00 250,456.00
            Short-Term Investments 278,223.00 442,812.00 487,599.00 529,593.00 477,036.00 558,083.00 601,870.00 709,839.00 773,452.00 788,480.00 673,189.00 739,833.00 768,819.00 744,350.00 678,509.00 104,768.00 74,536.00 59,697.00 102,412.00 286,397.00
      Net Receivables 75,685.00 21,418.00 17,884.00 40,765.00 12,195.00 9,007.00 7,089.00 6,851.00 3,269.00 3,182.00 1,523.00 1,419.00 1,180.00 1,033.00 921.00 876.00 761.00 642.00 1,247.00 0
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets -133,091.00 -216,622.00 -241,008.00 -261,562.00 -232,131.00 -271,561.00 -290,234.00 -345,820.00 -375,016.00 -388,333.00 -332,120.00 -365,355.00 -378,102.00 -364,275.00 -333,431.00 -47,497.00 -25,041.00 5,408.00 -736.00 -140,292.00
   Non-Current Assets 22,448.00 43,344.00 58,941.00 51,958.00 44,737.00 60,026.00 33,415.00 45,554.00 59,326.00 78,565.00 114,638.00 163,178.00 168,059.00 151,039.00 112,760.00 89,194.00 37,691.00 28,508.00 9,287.00 19,991.00
      Property, Plant, Equipment Net 14,494.00 15,092.00 15,664.00 16,232.00 16,567.00 17,124.00 17,686.00 18,272.00 18,867.00 19,070.00 19,453.00 19,987.00 20,292.00 20,798.00 21,309.00 21,841.00 22,191.00 22,766.00 1,972.00 2,127.00
      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 0 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Investments 15,398.00 55,996.00 86,121.00 70,970.00 55,814.00 85,246.00 30,973.00 54,126.00 80,403.00 118,539.00 189,829.00 285,935.00 295,011.00 260,085.00 182,395.00 134,197.00 30,442.00 10,984.00 14,156.00 35,046.00
      Non-Current Deferred Assets 0 0 0 6,363.00 0 0 0 6,978.00 0 0 0 7,371.00 0 0 0 0 0 0 0 0
      Other Non-Current Assets -7,444.00 -27,744.00 -42,844.00 -41,607.00 -27,644.00 -42,344.00 -15,244.00 -33,822.00 -39,944.00 -59,044.00 -94,644.00 -150,115.00 -147,244.00 -129,844.00 -90,944.00 -66,844.00 -14,942.00 -5,242.00 -6,841.00 -17,182.00
Liabilities 411,930.00 424,716.00 388,032.00 412,966.00 409,051.00 417,497.00 358,057.00 364,286.00 366,943.00 368,650.00 360,699.00 348,280.00 340,884.00 299,542.00 294,424.00 286,642.00 40,727.00 40,838.00 14,475.00 19,821.00
   Current Liabilities 38,104.00 35,527.00 44,037.00 45,428.00 43,880.00 40,420.00 32,298.00 37,442.00 39,178.00 41,631.00 35,795.00 26,054.00 21,063.00 19,871.00 19,781.00 16,099.00 20,889.00 20,616.00 14,475.00 19,821.00
      Payables and Expenses 36,064.00 33,526.00 42,075.00 43,503.00 41,993.00 38,570.00 30,485.00 35,665.00 37,437.00 39,925.00 34,124.00 24,417.00 19,459.00 18,301.00 18,244.00 14,594.00 19,792.00 20,061.00 14,278.00 19,479.00
            Account Payables 2,893.00 3,329.00 6,123.00 4,002.00 3,592.00 4,890.00 4,582.00 4,698.00 6,521.00 4,761.00 3,168.00 2,784.00 3,006.00 1,587.00 2,481.00 1,741.00 5,717.00 4,103.00 2,452.00 4,217.00
            Current Accrued Liabilities 33,171.00 30,197.00 35,952.00 39,501.00 38,401.00 33,680.00 25,903.00 30,967.00 30,916.00 35,164.00 30,956.00 21,633.00 16,453.00 16,714.00 15,763.00 12,853.00 14,075.00 15,958.00 11,826.00 15,262.00
      Short-Term Debt 2,040.00 2,001.00 1,962.00 1,925.00 1,887.00 1,850.00 1,813.00 1,777.00 1,741.00 1,706.00 1,671.00 1,637.00 1,604.00 1,570.00 1,537.00 1,505.00 1,097.00 555.00 197.00 0
      Other Current Liabilities 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 0.00 342.00
   Non-Current Liabilities 373,826.00 389,189.00 343,995.00 367,538.00 365,171.00 377,077.00 325,759.00 326,844.00 327,765.00 327,019.00 324,904.00 322,226.00 319,821.00 279,671.00 274,643.00 270,543.00 19,838.00 20,222.00 0.00 0.00
      Long-Term Debt 12,566.00 13,095.00 13,613.00 14,112.00 14,607.00 15,096.00 15,575.00 16,037.00 16,493.00 16,946.00 17,388.00 17,813.00 18,235.00 18,652.00 19,059.00 19,450.00 19,838.00 20,222.00 0 0
      Other Non-Current Liabilities 361,260.00 376,094.00 330,382.00 353,426.00 350,564.00 361,981.00 310,184.00 310,807.00 311,272.00 310,073.00 307,516.00 304,413.00 301,586.00 261,019.00 255,584.00 251,093.00 0.00 0.00 0 0
Equity -58,832.00 -89,466.00 34,021.00 70,868.00 84,367.00 9,879.00 47,778.00 88,103.00 120,383.00 148,450.00 191,093.00 262,103.00 277,619.00 304,306.00 330,747.00 356,428.00 383,608.00 385,731.00 381,943.00 396,731.00
   Shareholders Equity -58,832.00 -89,466.00 34,021.00 70,868.00 84,367.00 9,879.00 47,778.00 88,103.00 120,383.00 148,450.00 191,093.00 262,103.00 277,619.00 304,306.00 330,747.00 356,428.00 383,608.00 385,731.00 381,943.00 396,731.00
      Capital Stock 28.00 28.00 30.00 30.00 30.00 27.00 27.00 27.00 27.00 27.00 27.00 29.00 28.00 28.00 28.00 28.00 27.00 27.00 27.00 27.00
      Share Premium 792,682.00 792,531.00 832,486.00 829,860.00 821,121.00 714,959.00 706,407.00 702,969.00 694,591.00 686,611.00 689,065.00 717,797.00 707,662.00 698,701.00 691,161.00 678,575.00 672,996.00 668,429.00 664,147.00 660,665.00
      Retained Earnings -822,173.00 -837,286.00 -798,656.00 -759,327.00 -737,543.00 -704,692.00 -658,032.00 -614,096.00 -571,885.00 -534,577.00 -494,732.00 -450,477.00 -424,064.00 -390,562.00 -358,008.00 -321,753.00 -289,215.00 -282,549.00 -282,120.00 -263,957.00
      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 47.00 -6.00 161.00 305.00 759.00 -415.00 -624.00 -797.00 -2,350.00 -3,611.00 -3,267.00 -5,246.00 -6,007.00 -3,861.00 -2,434.00 -422.00 -200.00 -176.00 -111.00 -4.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 293,621.00 498,808.00 573,720.00 600,563.00 532,850.00 643,329.00 632,843.00 763,965.00 853,855.00 907,019.00 863,018.00 1,025,768.00 1,063,830.00 1,004,435.00 860,904.00 238,965.00 104,978.00 70,681.00 116,568.00 321,443.00
Debt 14,606.00 15,096.00 15,575.00 16,037.00 16,494.00 16,946.00 17,388.00 17,814.00 18,234.00 18,652.00 19,059.00 19,450.00 19,839.00 20,222.00 20,596.00 20,955.00 20,935.00 20,777.00 197.00 0
Common Shares Outstanding 27,575.15 27,973.00 30,388.00 30,473.44 30,429.00 27,434.03 27,317.00 26,597.00 26,575.18 26,531.00 27,018.20 28,513.16 28,354.17 28,231.34 28,178.00 27,647.25 27,454.00 27,433.00 27,367.35 27,356.00
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 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Revenues 183,000.00 133,000.00 133,000.00 -161,000.00 108,000.00 93,000.00 93,000.00 -186,000.00 93,000.00 93,000.00 93,000.00 -3,200.00 93,000.00 2,200.00 1,000.00 -51,521.00 62,200.00 41,274.00 11,247.00
Operating Expenses 145,359.00 103,743.00 55,310.00 -97,269.00 153,446.00 100,672.00 49,380.00 -84,013.00 130,428.00 89,378.00 45,775.00 -61,672.00 92,660.00 61,734.00 32,719.00 -57,608.00 87,821.00 60,168.00 29,608.00
   Selling, General and Administrative Expenses 104,844.00 74,217.00 42,390.00 61,001.00 32,195.00 21,633.00 12,338.00 -22,040.00 31,670.00 21,498.00 10,818.00 -19,170.00 27,236.00 18,374.00 10,203.00 -10,700.00 16,101.00 10,669.00 5,423.00
   Research and Development Expenses 110,411.00 79,004.00 41,180.00 372,155.00 121,251.00 79,039.00 37,042.00 -61,973.00 98,758.00 67,880.00 34,957.00 -42,502.00 65,424.00 43,360.00 22,516.00 -46,908.00 71,720.00 49,499.00 24,185.00
   Other Operating Expenses -69,896.00 -49,478.00 -28,260.00 -530,425.00 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
Operating Income -19,005.00 -53,709.00 -27,539.00 115,053.00 -105,279.00 -82,522.00 -42,201.00 86,810.00 -122,276.00 -84,544.00 -44,401.00 65,324.00 -89,181.00 -59,548.00 -31,749.00 6,098.00 -25,657.00 -18,894.00 -18,361.00
Net Non-Operating Income -43,758.00 -24,167.00 -11,746.00 -2,320.00 -18,159.00 -8,065.00 -1,735.00 -670.00 868.00 444.00 146.00 13,351.00 -13,130.00 -9,261.00 -4,506.00 -1,881.00 399.00 302.00 198.00
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 363.00 299.00 195.00
EBT -62,763.00 -77,876.00 -39,285.00 112,733.00 -123,438.00 -90,587.00 -43,936.00 86,140.00 -121,408.00 -84,100.00 -44,255.00 78,675.00 -102,311.00 -68,809.00 -36,255.00 4,217.00 -25,258.00 -18,592.00 -18,163.00
Income Tax 83.00 83.00 44.00 -15.00 9.00 9.00 0.00 4.00 0.00 0.00 0.00 24.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income -62,846.00 -77,959.00 -39,329.00 112,748.00 -123,447.00 -90,596.00 -43,936.00 86,144.00 -121,408.00 -84,100.00 -44,255.00 78,651.00 -102,311.00 -68,809.00 -36,255.00 4,217.00 -25,258.00 -18,592.00 -18,163.00
EBIT -62,763.00 -77,876.00 -39,285.00 112,733.00 -123,438.00 -90,587.00 -43,936.00 86,140.00 -121,408.00 -84,100.00 -44,255.00 78,675.00 -102,311.00 -68,809.00 -36,255.00 4,217.00 -25,258.00 -18,592.00 -18,163.00
Deprecation and Amortization 1,817.00 1,207.00 606.00 -1,204.00 1,796.00 1,200.00 605.00 -15,101.00 9,139.00 5,554.00 2,784.00 -1,111.00 1,729.00 1,144.00 573.00 -776.00 1,705.00 1,036.00 125.00
EBITDA -60,946.00 -76,669.00 -38,679.00 111,529.00 -121,642.00 -89,387.00 -43,331.00 71,039.00 -112,269.00 -78,546.00 -41,471.00 77,564.00 -100,582.00 -67,665.00 -35,682.00 3,441.00 -23,553.00 -17,556.00 -18,038.00
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 -0.00 -0.00 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 -0.00 -0.00 0
Average Shares Outstanding Basic 29,085.00 29,722.00 30,644.00 31,960.00 27,688.00 27,079.00 26,801.00 25,417.00 27,038.00 27,288.00 27,953.00 28,916.00 28,071.00 27,960.00 27,713.00 54,950.00 27,397.00 27,377.00 0
Average Shares Outstanding Diluted 29,085.00 29,722.00 30,644.00 31,960.00 27,688.00 27,079.00 26,801.00 25,417.00 27,038.00 27,288.00 27,953.00 28,916.00 28,071.00 27,960.00 27,713.00 54,950.00 27,397.00 27,377.00 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 -78,300.00 -50,944.00 -10,700.00 29,156.00 -68,665.00 -58,575.00 -37,253.00 40,196.00 -86,451.00 -49,977.00 -24,568.00 55,490.00 -62,908.00 -45,161.00 -21,014.00 11,516.00 -20,619.00 -13,613.00 -23,204.00
   Operating Net Income -62,846.00 -77,959.00 -117,987.00 -177,714.00 -123,447.00 -90,596.00 -43,936.00 86,144.00 -121,408.00 -84,100.00 -44,255.00 78,651.00 -102,311.00 -68,809.00 -36,255.00 4,217.00 -25,258.00 -18,592.00 -18,163.00
   Deprecation and Amortization 1,817.00 1,207.00 606.00 -1,204.00 1,796.00 1,200.00 605.00 -15,101.00 9,139.00 5,554.00 2,784.00 -1,111.00 1,729.00 1,144.00 573.00 -776.00 1,705.00 1,036.00 125.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 27,566.00 18,409.00 9,170.00 -22,222.00 25,864.00 17,675.00 12,731.00 -23,836.00 33,894.00 23,087.00 11,760.00 0 26,871.00 17,600.00 8,042.00 0 0 0 0
   Change in Working Capital -32,067.00 -67,586.00 -47,907.00 -11,074.00 7,330.00 2,635.00 -3,794.00 -26,718.00 20,107.00 17,344.00 8,195.00 -9,840.00 6,574.00 8,374.00 4,443.00 -14,723.00 9,791.00 4,399.00 -1,602.00
   Other Operating Activities -12,770.00 74,985.00 145,418.00 241,370.00 19,792.00 10,511.00 -2,859.00 19,707.00 -28,183.00 -11,862.00 -3,052.00 40,303.00 4,229.00 -3,470.00 2,183.00 22,798.00 -6,857.00 -456.00 -3,564.00
Investing Cash Flow 154,532.00 51,250.00 14,847.00 -164,186.00 124,794.00 66,174.00 68,616.00 -101,159.00 95,576.00 64,941.00 85,396.00 718,317.00 -416,342.00 -383,908.00 -312,912.00 -218,113.00 105,529.00 94,690.00 56,729.00
   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 86.00 74.00 35.00 176.00 95.00 60.00 27.00 -260.00 527.00 365.00 175.00 -13.00 183.00 133.00 55.00 -1,483.00 1,367.00 1,180.00 317.00
   Net Purchase/Sale of Investments Net 547,440.00 404,834.00 259,976.00 -456,538.00 643,877.00 482,532.00 186,637.00 -401,043.00 571,327.00 400,434.00 182,681.00 -661,084.00 933,691.00 605,815.00 332,097.00 -67,180.00 159,830.00 115,338.00 69,522.00
   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 -392,994.00 -353,658.00 -245,164.00 292,176.00 -519,178.00 -416,418.00 -118,048.00 300,144.00 -476,278.00 -335,858.00 -97,460.00 1,379,414.00 -1,350,216.00 -989,856.00 -645,064.00 -149,450.00 -55,668.00 -21,828.00 -13,110.00
Financing Cash Flow -89,479.00 -79,088.00 -28,590.00 12,943.00 99,487.00 28,257.00 -13,633.00 83,481.00 -54,138.00 -51,066.00 -37,574.00 -7,701.00 42,068.00 5,041.00 4,609.00 250,448.00 962.00 721.00 167.00
   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 67,291.00 57,235.00 4,714.00 -1,590.00 5,918.00 1,790.00 811.00 -90,575.00 52,208.00 52,048.00 38,791.00 -7,134.00 8,408.00 5,709.00 4,844.00 703.00 962.00 721.00 167.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -156,770.00 -136,323.00 -33,304.00 14,533.00 93,569.00 26,467.00 -14,444.00 174,056.00 -106,346.00 -103,114.00 -76,365.00 -567.00 33,660.00 -668.00 -235.00 249,745.00 0.00 0.00 0.00
Net Change in Cash -13,247.00 -78,782.00 -24,443.00 -122,087.00 155,616.00 35,856.00 17,730.00 22,518.00 -45,013.00 -36,102.00 23,254.00 766,106.00 -437,182.00 -424,028.00 -329,317.00 43,851.00 85,872.00 81,798.00 33,692.00
   Cash at Beginning of Period 123,080.00 123,080.00 123,080.00 245,167.00 35,965.00 35,965.00 35,965.00 13,447.00 71,308.00 71,308.00 71,308.00 -694,798.00 495,729.00 495,729.00 495,729.00 451,878.00 250,516.00 250,516.00 250,516.00
   Cash at End of Period 109,833.00 44,298.00 98,637.00 123,080.00 191,581.00 71,821.00 53,695.00 35,965.00 26,295.00 35,206.00 94,562.00 71,308.00 58,547.00 71,701.00 166,412.00 495,729.00 336,388.00 332,314.00 284,208.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0