Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -92.73 -57.50 -29.68
Price to Sales 55.64 61.56 50.68 59.76 235.07
Book Value Per Common Share 0.14 0.05 0.27 0.64 1.55
Price to Book 213.24 773.11 173.26 165.13 260.16
Price to Operating Cash Flow -81.56 -132.14 -43.07 -115.43 -501.24
Price to Free Cash Flow -76.48 -66.00 -40.12 -106.93 -459.43
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Price to Earnings -6.51 -70.55 -156.30 -25.43 -204.29 -144.71 -155.00 -74.71
Price to Sales 2.60 41.35 102.07 14.35 187.54 162.70 319.31 92.50 164.64 376.91
Book Value Per Common Share -0.22 0.01 0.08 0.14 3.83 -0.06 0.05 -0.09 0.06 0.27 -0.07 0.24 0.64 1.36 1.55
Price to Book -34.87 723.59 165.62 213.24 9.30 -505.30 773.11 -276.40 638.08 173.26 -360.28 138.52 165.13 298.65 260.16
Price to Operating Cash Flow -213.02 -24.40 -181.47 2067.23 -376.52 -82.28 -960.74
Price to Free Cash Flow -211.22 -23.77 -178.75 -188.35 -80.67 -922.76
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 45.30 28.46 -29.89 19.64
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Earning YoY
Revenue YoY 8.74 11.47 -1.06 22.49 24.81 31.10 -18.47 69.62 -77.32
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 0.20 0.32 1.02 1.06 2.34
Quick Ratio 2.43 1.02 2.11 1.26 2.41
Current Ratio 2.76 1.19 2.34 1.51 2.68
Debt to Equity 3.66 20.64 3.51 2.86 1.94
Long-Term Debt to Equity 2.97 13.34 2.40 1.39 1.16
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Cash Per Common Share 2.21 0.14 0.12 0.18 4.29 0.12 0.27 0.22 0.33 0.56 0.38 0.52 1.06 2.07 2.34
Quick Ratio 1.61 1.86 1.90 2.43 3.04 0.68 1.02 0.77 1.37 2.11 0.52 0.68 1.26 4.57 2.41
Current Ratio 1.84 2.14 2.22 2.76 3.40 0.91 1.19 0.90 1.57 2.34 0.64 0.91 1.51 5.04 2.68
Debt to Equity -52.52 76.10 6.80 3.66 2.69 -16.85 20.64 -12.10 16.76 3.51 -22.77 6.92 2.86 2.17 1.94
Long-Term Debt to Equity -41.98 62.78 5.59 2.97 2.22 -11.17 13.34 -8.10 11.90 2.40 -9.88 3.09 1.39 1.73 1.16

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -44.15 -52.62 -70.44 -56.72 -25.89
ROE -205.65 -1138.56 -317.61 -218.78 -76.16
Gross Margin
Operating Margin -48.61
EBITDA Margin -40.52
Net Profit Margin -60.19 -106.23 -171.27 -79.18 -68.81
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-03-31 2021-12-31 2021-03-31 2020-12-31
ROA -9.82 -13.07 -12.87 -9.98 -15.61 -17.21 -23.15 -21.68 -25.28 -6.03
ROE 506.16 -1007.73 -100.37 -36.82 247.44 190.99 -411.03 471.89 -200.31 -19.11
Gross Margin 76.98
Operating Margin -30.51 -47.81 -52.43 -45.27 -74.81
EBITDA Margin -24.05 -40.63 -44.41 -37.46 -65.22
Net Profit Margin -40.04 -57.29 -61.82 -56.51 -91.87 -112.50 -206.52 -123.34 -238.03 -24.11

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 2024-03-31 2023-12-31 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-03-31 2021-12-31 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 97,244.00 99,096.00 92,906.00 76,097.00 121,070.00
   Current Assets 39,484.00 39,683.00 53,334.00 43,613.00 86,140.00
      Cash and Short-Term Investments 26,245.00 26,284.00 43,088.00 32,712.00 62,126.00
            Cash and Cash Equivalents 26,245.00 26,284.00 43,088.00 32,712.00 62,126.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 8,603.00 7,679.00 5,065.00 3,656.00 15,304.00
      Inventory 0 100.00 100.00 0 0
      Other Current Assets 4,636.00 5,620.00 5,081.00 7,245.00 8,710.00
   Non-Current Assets 57,760.00 59,413.00 39,572.00 32,484.00 34,930.00
      Property, Plant, Equipment Net 29,595.00 29,612.00 8,821.00 5,679.00 3,178.00
      Goodwill 15,031.00 15,031.00 15,031.00 15,031.00 15,031.00
      Intangible Assets 5,874.00 7,911.00 9,797.00 11,617.00 13,260.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 7,260.00 6,859.00 5,923.00 157.00 3,461.00
Liabilities 76,368.00 94,516.00 72,300.00 56,370.00 79,904.00
   Current Liabilities 14,317.00 33,416.00 22,839.00 28,960.00 32,125.00
      Payables and Expenses 12,258.00 10,639.00 9,903.00 9,327.00 16,753.00
            Account Payables 2,194.00 2,929.00 1,685.00 1,662.00 8,964.00
            Current Accrued Liabilities 10,064.00 7,710.00 8,218.00 7,665.00 7,789.00
      Short-Term Debt 740.00 303.00 1,592.00 19.00 11,840.00
      Other Current Liabilities 1,319.00 22,474.00 11,344.00 19,614.00 3,532.00
   Non-Current Liabilities 62,051.00 61,100.00 49,461.00 27,410.00 47,779.00
      Long-Term Debt 61,236.00 60,388.00 30,258.00 9,993.00 15,926.00
      Other Non-Current Liabilities 815.00 712.00 19,203.00 17,417.00 31,853.00
Equity 20,876.00 4,580.00 20,606.00 19,727.00 41,166.00
   Shareholders Equity 20,876.00 4,580.00 20,606.00 19,727.00 41,166.00
      Capital Stock 145.00 96.00 78.00 31.00 27.00
      Share Premium 483,228.00 424,050.00 387,948.00 321,669.00 299,953.00
      Retained Earnings -462,497.00 -419,566.00 -367,420.00 -301,973.00 -258,814.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0
   Minority Interest 0 0 0 0 0
Investments 481.00 65.00 118.00 158.00 200.00
Debt 61,976.00 60,691.00 31,850.00 10,012.00 27,766.00
Net Debt 35,731.00 34,407.00 0 0 0
Common Shares Outstanding 145,491.57 96,235.88 77,614.36 30,789.65 26,561.50
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 71,323.00 49,087.00 38,212.00 54,506.00 45,557.00
Operating Expenses 105,821.00 90,429.00 88,799.00 95,446.00 68,491.00
   Selling, General and Administrative Expenses 80,451.00 67,387.00 61,462.00 50,517.00 34,857.00
   Research and Development Expenses 9,559.00 9,988.00 13,102.00 12,789.00 11,718.00
   Other Operating Expenses 15,811.00 13,054.00 14,235.00 32,140.00 21,916.00
Operating Income -34,498.00 -41,342.00 -50,587.00 -40,940.00 -22,934.00
Net Non-Operating Income -8,433.00 0 0 0 0
Interest Expense 8,258.00 9,536.00 8,072.00 4,508.00 7,604.00
EBT -42,931.00 0 0 0 0
Income Tax 0.00 0.00 0.00 0.00 0.00
Net Income -42,931.00 -52,146.00 -65,447.00 -43,159.00 -31,350.00
EBIT -34,673.00 0 0 0 0
Deprecation and Amortization 5,773.00 5,507.00 5,844.00 3,178.00 2,903.00
EBITDA -28,900.00 0 0 0 0
EPS -0.00 -0.00 -0.00 0 0
Diluted EPS -0.00 -0.00 -0.00 0 0
Average Shares Outstanding Basic 129,670.00 82,113.00 42,103.00 0 0
Average Shares Outstanding Diluted 129,670.00 82,113.00 42,103.00 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -48,649.00 -22,870.00 -44,972.00 -28,223.00 -21,366.00
   Operating Net Income -42,931.00 -52,146.00 -65,447.00 -43,159.00 -31,350.00
   Deprecation and Amortization -5,773.00 5,507.00 5,844.00 3,178.00 2,903.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 6,638.00 5,373.00 5,961.00 4,944.00 3,709.00
   Change in Working Capital 1,573.00 -4,525.00 -6,815.00 4,591.00 -4,801.00
   Other Operating Activities -8,156.00 22,921.00 15,485.00 2,223.00 8,173.00
Investing Cash Flow -3,440.00 -23,062.00 -3,534.00 -2,547.00 -2,927.00
   Capital Expenditure -3,230.00 -22,919.00 -3,298.00 -2,241.00 -1,945.00
   Net Purchase/Sale of PPE -3,230.00 -22,919.00 -3,298.00 -2,241.00 -1,945.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 3,020.00 22,776.00 3,062.00 1,935.00 963.00
Financing Cash Flow 52,050.00 29,129.00 58,882.00 1,262.00 81,131.00
   Net Issuance/Repayment of Debt -51.00 -49.00 -28,604.00 -45,428.00 16,040.00
   Net Issuance/Repurchase of Equity 55,650.00 28,217.00 59,807.00 17,112.00 73,340.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -3,549.00 961.00 27,679.00 29,578.00 -8,249.00
Net Change in Cash -39.00 -16,803.00 10,376.00 -29,508.00 56,838.00
   Cash at Beginning of Period 26,371.00 43,174.00 32,798.00 62,306.00 5,468.00
   Cash at End of Period 26,332.00 26,371.00 43,174.00 32,798.00 62,306.00
Free Cash Flow -51,879.00 -45,789.00 -48,270.00 -30,464.00 -23,311.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Assets 88,722.00 87,740.00 86,241.00 97,244.00 102,743.00 87,201.00 99,096.00 77,623.00 80,793.00 92,906.00 63,198.00 61,651.00 76,097.00 115,486.00 121,070.00
   Current Assets 33,401.00 32,445.00 29,622.00 39,484.00 44,017.00 28,479.00 39,683.00 25,245.00 34,784.00 53,334.00 24,118.00 27,233.00 43,613.00 81,244.00 86,140.00
      Cash and Short-Term Investments 16,604.00 20,728.00 17,603.00 26,245.00 31,406.00 11,491.00 26,284.00 17,409.00 25,275.00 43,088.00 15,175.00 16,427.00 32,712.00 55,329.00 62,126.00
            Cash and Cash Equivalents 16,604.00 20,728.00 17,603.00 26,245.00 31,406.00 11,491.00 26,284.00 17,409.00 25,275.00 43,088.00 15,175.00 16,427.00 32,712.00 55,329.00 62,126.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 12,674.00 7,451.00 7,639.00 8,603.00 8,036.00 9,893.00 7,679.00 4,119.00 4,901.00 5,065.00 4,449.00 3,774.00 3,656.00 18,367.00 15,304.00
      Inventory 0 0 0 0 0 100.00 100.00 0 100.00 100.00 300.00 0 0 0 0
      Other Current Assets 4,123.00 4,266.00 4,380.00 4,636.00 4,575.00 6,995.00 5,620.00 3,717.00 4,508.00 5,081.00 4,194.00 7,032.00 7,245.00 7,548.00 8,710.00
   Non-Current Assets 55,321.00 55,295.00 56,619.00 57,760.00 58,726.00 58,722.00 59,413.00 52,378.00 46,009.00 39,572.00 39,080.00 34,418.00 32,484.00 34,242.00 34,930.00
      Property, Plant, Equipment Net 28,404.00 28,241.00 28,928.00 29,595.00 30,601.00 30,132.00 29,612.00 21,488.00 15,291.00 8,821.00 7,734.00 6,247.00 5,679.00 3,387.00 3,178.00
      Goodwill 15,031.00 15,031.00 15,031.00 15,031.00 15,031.00 15,031.00 15,031.00 15,031.00 15,031.00 15,031.00 15,031.00 15,031.00 15,031.00 15,031.00 15,031.00
      Intangible Assets 4,375.00 4,871.00 5,360.00 5,874.00 6,438.00 7,384.00 7,911.00 8,871.00 9,311.00 9,797.00 10,223.00 11,131.00 11,617.00 12,821.00 13,260.00
      Long-Term Investments 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
      Other Non-Current Assets 7,511.00 7,152.00 7,300.00 7,260.00 6,656.00 6,175.00 6,859.00 6,988.00 6,376.00 5,923.00 6,092.00 2,009.00 157.00 3,003.00 3,461.00
Liabilities 90,444.00 86,602.00 75,181.00 76,368.00 74,886.00 92,703.00 94,516.00 84,616.00 76,243.00 72,300.00 66,101.00 53,870.00 56,370.00 79,054.00 79,904.00
   Current Liabilities 18,152.00 15,160.00 13,316.00 14,317.00 12,963.00 31,230.00 33,416.00 27,951.00 22,098.00 22,839.00 37,415.00 29,811.00 28,960.00 16,124.00 32,125.00
      Payables and Expenses 13,337.00 12,657.00 10,328.00 12,258.00 6,132.00 11,111.00 10,639.00 10,482.00 7,303.00 9,903.00 8,777.00 8,293.00 9,327.00 11,009.00 16,753.00
            Account Payables 3,617.00 2,973.00 2,925.00 2,194.00 2,537.00 3,213.00 2,929.00 3,501.00 1,563.00 1,685.00 2,100.00 2,120.00 1,662.00 3,747.00 8,964.00
            Current Accrued Liabilities 9,720.00 9,684.00 7,403.00 10,064.00 3,595.00 7,898.00 7,710.00 6,981.00 5,740.00 8,218.00 6,677.00 6,173.00 7,665.00 7,262.00 7,789.00
      Short-Term Debt 1,405.00 1,248.00 1,112.00 740.00 653.00 317.00 303.00 1,554.00 1,812.00 1,592.00 15,770.00 1,161.00 19.00 2,707.00 11,840.00
      Other Current Liabilities 3,410.00 1,255.00 1,876.00 1,319.00 6,178.00 19,802.00 22,474.00 15,915.00 12,983.00 11,344.00 12,868.00 20,357.00 19,614.00 2,408.00 3,532.00
   Non-Current Liabilities 72,292.00 71,442.00 61,865.00 62,051.00 61,923.00 61,473.00 61,100.00 56,665.00 54,145.00 49,461.00 28,686.00 24,059.00 27,410.00 62,930.00 47,779.00
      Long-Term Debt 71,523.00 70,893.00 61,173.00 61,236.00 61,303.00 60,858.00 60,388.00 43,466.00 37,123.00 30,258.00 7,735.00 11,232.00 9,993.00 30,328.00 15,926.00
      Other Non-Current Liabilities 769.00 549.00 692.00 815.00 620.00 615.00 712.00 13,199.00 17,022.00 19,203.00 20,951.00 12,827.00 17,417.00 32,602.00 31,853.00
Equity -1,722.00 1,138.00 11,060.00 20,876.00 27,857.00 -5,502.00 4,580.00 -6,993.00 4,550.00 20,606.00 -2,903.00 7,781.00 19,727.00 36,432.00 41,166.00
   Shareholders Equity -1,722.00 1,138.00 11,060.00 20,876.00 27,857.00 -5,502.00 4,580.00 -6,993.00 4,550.00 20,606.00 -2,903.00 7,781.00 19,727.00 36,432.00 41,166.00
      Capital Stock 8.00 146.00 146.00 145.00 145.00 97.00 96.00 79.00 78.00 78.00 41.00 32.00 31.00 27.00 27.00
      Share Premium 492,052.00 486,058.00 484,512.00 483,228.00 481,958.00 427,581.00 424,050.00 392,406.00 390,594.00 387,948.00 344,138.00 325,308.00 321,669.00 302,180.00 299,953.00
      Retained Earnings -493,782.00 -485,066.00 -473,598.00 -462,497.00 -454,246.00 -433,180.00 -419,566.00 -399,478.00 -386,122.00 -367,420.00 -347,082.00 -317,559.00 -301,973.00 -265,775.00 -258,814.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 35.00 76.00 209.00 481.00 0 161.00 65.00 150.00 200.00 118.00 50.00 100.00 158.00 0 200.00
Debt 72,928.00 72,141.00 62,285.00 61,976.00 61,956.00 61,175.00 60,691.00 45,020.00 38,935.00 31,850.00 23,505.00 12,393.00 10,012.00 33,035.00 27,766.00
Net Debt 56,324.00 51,413.00 44,682.00 35,731.00 4,735.00 49,684.00 34,407.00 27,611.00 13,660.00 0 8,330.00 0 0 0 0
Common Shares Outstanding 7,954.54 146,584.11 146,443.46 145,491.57 7,273.30 97,159.45 96,235.88 78,610.66 77,979.38 77,614.36 41,185.53 31,889.32 30,789.65 26,785.43 26,561.50
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-06-30 2023-03-31 2022-09-30 2022-03-31 2021-03-31
Revenues 21,768.00 20,018.00 17,958.00 18,151.00 14,818.00 11,872.00 9,056.00 11,107.00 6,548.00 28,866.00
Cost Of Revenue 0 0 0 4,179.00 0 0 0 0 0 0
Interest Expense 2,074.00 1,898.00 1,685.00 2,041.00 2,529.00 2,430.00 2,391.00 3,339.00 1,137.00 651.00
Non-Interest Expense 0 0 0 20,016.00 0 0 0 0 0 0
Gross Profit 0 0 0 13,972.00 0 0 0 0 0 0
Operating Expenses 28,819.00 29,737.00 27,094.00 22,563.00 25,839.00 22,799.00 25,429.00 21,717.00 21,009.00 34,449.00
   Selling, General and Administrative Expenses 21,714.00 22,411.00 20,448.00 20,016.00 20,556.00 16,651.00 18,989.00 15,114.00 14,487.00 11,927.00
   Research and Development Expenses 2,992.00 3,269.00 2,870.00 2,547.00 2,040.00 2,910.00 3,251.00 2,970.00 3,206.00 3,321.00
   Other Operating Expenses 4,113.00 4,057.00 3,776.00 0 3,243.00 3,238.00 3,189.00 3,633.00 3,316.00 19,201.00
Operating Income -7,051.00 -9,719.00 -9,136.00 -8,591.00 -11,021.00 -10,927.00 -16,373.00 -10,610.00 -14,461.00 -5,583.00
Net Non-Operating Income -1,665.00 -1,749.00 -1,965.00 374.00 -2,593.00 0 0 0 0 0
EBT -8,716.00 -11,468.00 -11,101.00 -10,258.00 -13,614.00 0 0 0 0 0
Income Tax 0.00 0.00 0.00 0 0.00 0.00 0.00 0.00 0.00 0.00
Net Income Including Non-Controlling Interests 0 0 0 -10,258.00 0 0 0 0 0 0
Net Income -8,716.00 -11,468.00 -11,101.00 -10,258.00 -13,614.00 -13,356.00 -18,702.00 -13,699.00 -15,586.00 -6,961.00
EBIT -6,642.00 -9,570.00 -9,416.00 -8,217.00 -11,085.00 0 0 0 0 0
Deprecation and Amortization 1,406.00 1,436.00 1,440.00 1,417.00 1,420.00 1,418.00 1,545.00 688.00 1,188.00 746.00
EBITDA -5,236.00 -8,134.00 -7,976.00 -6,800.00 -9,665.00 0 0 0 0 0
EPS -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0 0
Diluted EPS -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0 0
Average Shares Outstanding Basic 7,500.00 146,656.00 146,547.00 7,314.80 97,166.00 78,506.00 77,765.00 40,448.00 0 0
Average Shares Outstanding Diluted 7,500.00 146,656.00 146,547.00 7,314.80 97,166.00 78,506.00 77,765.00 40,448.00 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-06-30 2023-03-31 2022-09-30 2022-03-31 2021-03-31
Operating Cash Flow 0 0 -8,602.00 -10,671.00 -15,311.00 937.00 -7,686.00 0.00 -13,099.00 -11,326.00
   Operating Net Income 0 0 -11,101.00 -10,258.00 -13,614.00 -13,356.00 -18,702.00 0.00 -15,586.00 -6,961.00
   Deprecation and Amortization -1,406.00 -1,436.00 -1,440.00 1,417.00 1,420.00 1,418.00 1,545.00 -688.00 1,188.00 746.00
   Deferred Income Tax 0 0 0 0 0 0.00 0 0.00 0 0
   Share Based Compensation 0 0 972.00 1,515.00 2,640.00 1,057.00 2,281.00 0.00 1,346.00 1,752.00
   Change in Working Capital 0 0 -739.00 -3,669.00 -3,519.00 4,496.00 -1,602.00 0.00 -1,474.00 -8,832.00
   Other Operating Activities 0 0 3,706.00 324.00 -2,238.00 7,322.00 8,792.00 0.00 1,427.00 1,969.00
Investing Cash Flow 0 0 -137.00 -286.00 -273.00 -6,472.00 -7,706.00 0.00 -352.00 -516.00
   Capital Expenditure 0.00 0.00 -74.00 0 -234.00 0.00 -7,676.00 0.00 -262.00 -466.00
   Net Purchase/Sale of PPE 0 0 -74.00 -231.00 -234.00 -6,417.00 -7,676.00 0.00 -262.00 -466.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0.00 0 0.00 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0.00 0 0.00 0 0
   Net Loan & Lease Activity 0 0 0 0 0
   Other Investing Activities 0 0 11.00 -55.00 195.00 -55.00 7,646.00 0.00 172.00 416.00
Financing Cash Flow 0 0 97.00 144.00 791.00 -2,330.00 -2,421.00 0.00 -2,834.00 4,951.00
   Net Issuance/Repayment of Debt 0 0 -7.00 -13.00 -13.00 -12.00 -12.00 0.00 -11.00 4,584.00
   Net Issuance/Repurchase of Equity 5,000.00 0 0 -282.00 628.00 81.00 6.00 126.00 1,674.00 475.00
   Dividends Paid 0 0 0 0 0 0.00 0 0.00 0 0
   Other Financing Activities 0 0 104.00 439.00 176.00 -2,399.00 -2,415.00 0.00 -4,497.00 -108.00
Net Change in Cash 0 0 -8,642.00 -10,813.00 -14,793.00 -7,865.00 -17,813.00 0.00 -16,285.00 -6,891.00
   Cash at Beginning of Period 0 0 26,332.00 42,306.00 26,371.00 25,361.00 43,174.00 0 32,798.00 62,306.00
   Cash at End of Period 16,692.00 20,816.00 17,690.00 31,493.00 11,578.00 17,496.00 25,361.00 15,261.00 16,513.00 55,415.00
Free Cash Flow 0 0 -8,676.00 -10,957.00 -15,545.00 0.00 -15,362.00 0.00 -13,361.00 -11,792.00