Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -5.41 -15.83 -9.47 -13.81
Price to Sales 32.14 5.56 44.95 98.72
Book Value Per Common Share 8.77 12.02 10.29 12.09 4.29
Price to Book 2.83 2.26 3.80 6.59
Price to Operating Cash Flow -5.88 -14.08 121.57 -77.23
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 -7.31 -7.63 -15.75 -7.02 -10.14 -27.31 -6.63 -13.25 -23.02 -13.27 -19.07 -56.73 -17.90 -28.35
Price to Sales 92.39 101.43 230.04 60.17 100.17 364.28 29.67 53.54 91.43 81.28 107.20 466.99 7073.98 643550.00 800400.00
Book Value Per Common Share 9.53 10.39 11.17 8.77 9.58 10.37 11.10 12.02 9.81 10.41 10.23 10.29 10.14 11.38 11.89 12.09 12.61 8.51 6.84 4.29
Price to Book 2.55 1.64 1.75 2.83 2.56 2.26 2.98 2.26 2.45 3.07 2.99 3.80 4.70 3.40 4.82 6.59 6.90 15.12 11.70
Price to Operating Cash Flow -9.04 -8.96 -16.54 -7.43 -10.51 -27.06 -6.42 -12.20 -20.15 36.23 16.18 18.02 -80.45 -110.81 -128.08
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 -83.18 520.01 17.51 215916.67
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 60.86 113.33 114.96 74.39 158.87 -97.01 38.79 83.10 62.98 197.49 -83.48 6358.33 100.00
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 10.33 15.55 15.71 15.03 5.23
Quick Ratio
Current Ratio 4.82 5.89 4.89 5.96 3.01
Debt to Equity 0.50 0.49 0.83 0.78 0.84
Long-Term Debt to Equity 0.26 0.28 0.52 0.53 0.42
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 11.27 12.63 13.64 10.17 11.27 12.19 13.46 14.70 13.17 14.80 15.22 15.43 15.77 17.28 17.47 14.12 14.83 10.05 8.16 5.23
Quick Ratio
Current Ratio 6.02 6.75 8.81 4.82 5.69 5.81 5.99 5.89 4.72 5.22 4.92 4.89 4.64 5.56 5.67 5.96 9.29 5.27 5.04 3.01
Debt to Equity 0.36 0.33 0.31 0.50 0.48 0.48 0.49 0.49 0.66 0.67 0.75 0.83 0.89 0.77 0.75 0.78 0.35 0.63 0.64 0.84
Long-Term Debt to Equity 0.17 0.16 0.18 0.26 0.27 0.27 0.28 0.28 0.37 0.41 0.46 0.52 0.56 0.51 0.49 0.53 0.24 0.39 0.40 0.42

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -34.13 -9.08 -21.55 -25.14 -43.08
ROE -51.36 -13.50 -39.41 -44.83 -79.24
Gross Margin
Operating Margin -593.07 -34.73 -427.08 -714.91
EBITDA Margin -543.33 -29.43 -403.86 -700.54
Net Profit Margin -593.13 -35.09 -474.54 -714.91 -810800.00
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
ROA -24.73 -15.21 -7.45 -24.45 -15.04 -7.26 -21.33 -13.24 -7.24 -18.57 -9.95 -4.76 -26.45 -31.11 -29.08
ROE -33.57 -20.21 -9.73 -36.19 -22.21 -10.80 -35.35 -22.08 -12.67 -35.09 -17.64 -8.35 -35.83 -50.64 -47.71
Gross Margin
Operating Margin -1265.07 -1327.57 -1462.78 -856.03 -988.85 -1331.57 -447.56 -404.38 -398.46 -545.04 -562.77 -820.85 -39474.97 -2315108.33
EBITDA Margin -1200.21 -1258.13 -1388.78 -806.75 -931.47 -1258.27 -423.74 -383.03 -379.27 -520.08 -535.94 -781.57 -38853.42 -2289550.00
Net Profit Margin -1265.07 -1327.57 -1462.78 -856.14 -989.05 -1331.57 -447.56 -404.38 -398.46 -613.31 -562.77 -820.85 -39474.97 -2315108.33 -3359333.33

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 1,103,824.00 1,459,714.00 1,341,714.00 1,474,453.00 451,677.00
   Current Assets 878,149.00 1,211,043.00 1,092,896.00 1,273,007.00 308,321.00
      Cash and Short-Term Investments 850,700.00 1,200,000.00 1,100,000.00 965,600.00 299,700.00
            Cash and Cash Equivalents 281,967.00 435,895.00 232,767.00 559,994.00 162,171.00
            Short-Term Investments 0 0 0 0 137,500.00
      Net Receivables 0 0 0 0 0
      Inventory 0 0 0 0 0
      Other Current Assets 27,449.00 11,043.00 -7,104.00 307,407.00 8,621.00
   Non-Current Assets 225,675.00 248,671.00 248,818.00 201,446.00 143,356.00
      Property, Plant, Equipment Net 216,277.00 237,806.00 253,633.00 186,976.00 125,372.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 38,815.00 48,792.00 84,622.00 0 0
      Other Non-Current Assets -29,417.00 -37,927.00 -89,437.00 14,470.00 17,984.00
Liabilities 370,279.00 478,385.00 608,240.00 647,715.00 206,116.00
   Current Liabilities 182,066.00 205,565.00 223,595.00 213,435.00 102,337.00
      Payables and Expenses 25,443.00 29,774.00 28,151.00 19,135.00 13,905.00
            Account Payables 3,871.00 1,617.00 9,029.00 7,474.00 6,314.00
            Current Accrued Liabilities 21,572.00 28,157.00 19,122.00 11,661.00 7,591.00
      Short-Term Debt 13,469.00 12,778.00 12,233.00 9,827.00 6,336.00
      Other Current Liabilities 143,154.00 163,013.00 183,211.00 184,473.00 82,096.00
   Non-Current Liabilities 188,213.00 272,820.00 384,645.00 434,280.00 103,779.00
      Long-Term Debt 147,956.00 159,911.00 169,779.00 137,817.00 101,308.00
      Other Non-Current Liabilities 40,257.00 112,909.00 214,866.00 296,463.00 2,471.00
Equity 733,545.00 981,329.00 733,474.00 826,738.00 245,561.00
   Shareholders Equity 733,545.00 981,329.00 733,474.00 826,738.00 245,561.00
      Capital Stock 836.00 816.00 41,212.00 20,884.00 573.00
      Share Premium 2,298,661.00 2,169,798.00 1,792,554.00 1,594,378.00 642,633.00
      Retained Earnings -1,566,631.00 -1,189,889.00 -1,057,362.00 -768,274.00 -397,636.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 679.00 604.00 -2,430.00 -50.00 -9.00
   Minority Interest 0 0 0 0 0
Investments 0 0 0 0 137,500.00
Debt 161,425.00 172,689.00 182,012.00 147,644.00 107,644.00
Common Shares Outstanding 83,633.07 81,632.50 71,277.34 68,389.43 57,254.18
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 63,518.00 377,709.00 60,920.00 51,844.00 24.00
Operating Expenses 479,086.00 554,194.00 399,399.00 444,309.00 132,784.00
   Selling, General and Administrative Expenses 171,462.00 116,813.00 87,805.00 57,222.00 29,605.00
   Research and Development Expenses 581,546.00 437,381.00 311,594.00 387,087.00 103,179.00
   Other Operating Expenses -273,922.00 0.00 0.00 0.00 0.00
Operating Income -415,568.00 -176,485.00 -338,479.00 -392,465.00 -132,760.00
Net Non-Operating Income 38,865.00 45,324.00 78,301.00 21,827.00 0
Interest Expense 0.00 0.00 0.00 0.00 0.00
EBT -376,703.00 -131,161.00 -260,178.00 -370,638.00 0
Income Tax 39.00 1,366.00 3,410.00 0.00 0.00
Equity Method Investments Income 0 0 -25,500.00 0 0
Net Income -376,742.00 -132,527.00 -289,088.00 -370,638.00 -194,592.00
EBIT -376,703.00 -131,161.00 -260,178.00 -370,638.00 0
Deprecation and Amortization 31,593.00 20,012.00 14,147.00 7,451.00 4,735.00
EBITDA -345,110.00 -111,149.00 -246,031.00 -363,187.00 0
EPS -0.00 -0.00 -0.00 -0.01 0
Diluted EPS -0.00 -0.00 -0.00 -0.01 0
Average Shares Outstanding Basic 82,313.01 77,151.77 70,015.30 64,227.68 0
Average Shares Outstanding Diluted 82,313.01 77,151.77 70,015.30 64,227.68 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -347,246.00 -149,195.00 22,527.00 -66,268.00 -95,741.00
   Operating Net Income -376,742.00 -132,527.00 -289,088.00 -370,638.00 -194,592.00
   Deprecation and Amortization 31,593.00 20,012.00 14,147.00 7,451.00 4,735.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 120,662.00 98,647.00 84,321.00 43,570.00 15,380.00
   Change in Working Capital -41,840.00 -171,026.00 -15,933.00 366,242.00 6,921.00
   Other Operating Activities -80,919.00 35,699.00 229,080.00 -112,893.00 71,815.00
Investing Cash Flow 185,007.00 71,840.00 -461,336.00 -294,144.00 -100,123.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 8,946.00 33,732.00 48,951.00 46,811.00 16,357.00
   Net Purchase/Sale of Investments Net 1,166,831.00 2,074,248.00 2,821,613.00 1,306,493.00 480,208.00
   Net Purchase/Sale of Business 0 0 0 620.00 0
   Other Investing Activities -990,770.00 -2,036,140.00 -3,331,900.00 -1,648,068.00 -596,688.00
Financing Cash Flow 7,736.00 276,448.00 111,590.00 756,141.00 322,322.00
   Net Issuance/Repayment of Debt 485.00 2,252.00 2,287.00 2,118.00 0
   Net Issuance/Repurchase of Equity 8,221.00 279,331.00 114,065.00 767,075.00 322,683.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -970.00 -5,135.00 -4,762.00 -13,052.00 -361.00
Net Change in Cash -154,503.00 199,093.00 -327,219.00 395,729.00 126,458.00
   Cash at Beginning of Period 444,614.00 245,521.00 572,740.00 177,011.00 50,553.00
   Cash at End of Period 290,111.00 444,614.00 245,521.00 572,740.00 177,011.00
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 1,311,081.00 1,391,157.00 1,466,920.00 1,103,824.00 1,171,367.00 1,261,266.00 1,359,796.00 1,459,714.00 1,290,534.00 1,353,887.00 1,332,352.00 1,341,714.00 1,350,250.00 1,418,375.00 1,453,402.00 1,474,453.00 1,156,555.00 893,078.00 693,241.00 451,677.00
   Current Assets 1,098,547.00 1,175,464.00 1,247,614.00 878,149.00 945,534.00 1,029,440.00 1,121,710.00 1,211,043.00 1,039,541.00 1,094,805.00 1,083,031.00 1,092,896.00 1,108,912.00 1,179,890.00 1,239,484.00 1,273,007.00 941,424.00 677,993.00 514,580.00 308,321.00
      Cash and Short-Term Investments 1,100,000.00 1,200,000.00 1,200,000.00 850,700.00 925,800.00 1,000,000.00 1,100,000.00 1,200,000.00 1,000,000.00 1,100,000.00 1,100,000.00 1,100,000.00 1,100,000.00 1,200,000.00 1,200,000.00 965,600.00 933,400.00 615,300.00 503,500.00 299,700.00
            Cash and Cash Equivalents 267,960.00 282,132.00 527,907.00 281,967.00 230,203.00 292,763.00 287,848.00 435,895.00 169,049.00 225,544.00 249,771.00 232,767.00 156,511.00 265,623.00 296,821.00 559,994.00 612,023.00 212,015.00 97,241.00 162,171.00
            Short-Term Investments 807,010.00 868,205.00 692,045.00 0 695,554.00 715,402.00 806,706.00 0 846,408.00 847,472.00 809,700.00 0 0 0 0 0 321,382.00 403,264.00 406,238.00 137,500.00
      Net Receivables 0 0 0 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 0 0 0
      Other Current Assets -1,453.00 -24,536.00 47,614.00 27,449.00 19,734.00 29,440.00 21,710.00 11,043.00 39,541.00 -5,195.00 -16,969.00 -7,104.00 8,912.00 -20,110.00 39,484.00 307,407.00 8,024.00 62,693.00 11,080.00 8,621.00
   Non-Current Assets 212,534.00 215,693.00 219,306.00 225,675.00 225,833.00 231,826.00 238,086.00 248,671.00 250,993.00 259,082.00 249,321.00 248,818.00 241,338.00 238,485.00 213,918.00 201,446.00 215,131.00 215,085.00 178,661.00 143,356.00
      Property, Plant, Equipment Net 205,285.00 208,392.00 211,785.00 216,277.00 218,206.00 224,349.00 229,945.00 237,806.00 239,661.00 242,278.00 237,981.00 253,633.00 240,814.00 251,216.00 213,931.00 186,976.00 174,702.00 169,658.00 158,788.00 125,372.00
      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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24,538.00 29,430.00 0 0
      Non-Current Deferred Assets 0 0 0 38,815.00 0 0 0 48,792.00 0 0 0 84,622.00 0 0 0 0 0 0 0 0
      Other Non-Current Assets 7,249.00 7,301.00 7,521.00 -29,417.00 7,627.00 7,477.00 8,141.00 -37,927.00 11,332.00 16,804.00 11,340.00 -89,437.00 524.00 -12,731.00 -13.00 14,470.00 15,891.00 15,997.00 19,873.00 17,984.00
Liabilities 345,079.00 344,344.00 343,784.00 370,279.00 380,050.00 407,172.00 446,306.00 478,385.00 511,593.00 542,244.00 570,846.00 608,240.00 635,773.00 618,214.00 624,334.00 647,715.00 302,741.00 344,527.00 270,812.00 206,116.00
   Current Liabilities 182,559.00 174,131.00 141,546.00 182,066.00 166,244.00 177,333.00 187,219.00 205,565.00 220,365.00 209,536.00 219,925.00 223,595.00 238,859.00 212,278.00 218,798.00 213,435.00 101,391.00 128,715.00 102,086.00 102,337.00
      Payables and Expenses 26,046.00 22,111.00 13,203.00 25,443.00 17,524.00 27,969.00 29,836.00 29,774.00 16,915.00 16,814.00 25,162.00 28,151.00 20,113.00 17,122.00 13,037.00 19,135.00 13,123.00 14,094.00 11,229.00 13,905.00
            Account Payables 9,545.00 10,556.00 7,699.00 3,871.00 3,812.00 4,429.00 2,790.00 1,617.00 3,177.00 6,886.00 14,063.00 9,029.00 7,024.00 7,095.00 6,266.00 7,474.00 7,282.00 8,030.00 7,983.00 6,314.00
            Current Accrued Liabilities 16,501.00 11,555.00 5,504.00 21,572.00 13,712.00 23,540.00 27,046.00 28,157.00 13,738.00 9,928.00 11,099.00 19,122.00 13,089.00 10,027.00 6,771.00 11,661.00 5,841.00 6,064.00 3,246.00 7,591.00
      Short-Term Debt 12,688.00 12,949.00 13,210.00 13,469.00 12,936.00 12,641.00 12,181.00 12,778.00 13,035.00 12,404.00 12,578.00 12,233.00 12,033.00 11,901.00 11,696.00 9,827.00 8,722.00 5,680.00 6,027.00 6,336.00
      Other Current Liabilities 143,825.00 139,071.00 115,133.00 143,154.00 135,784.00 136,723.00 145,202.00 163,013.00 190,415.00 180,318.00 182,185.00 183,211.00 206,713.00 183,255.00 194,065.00 184,473.00 79,546.00 108,941.00 84,830.00 82,096.00
   Non-Current Liabilities 162,520.00 170,213.00 202,238.00 188,213.00 213,806.00 229,839.00 259,087.00 272,820.00 291,228.00 332,708.00 350,921.00 384,645.00 396,914.00 405,936.00 405,536.00 434,280.00 201,350.00 215,812.00 168,726.00 103,779.00
      Long-Term Debt 138,732.00 141,854.00 144,919.00 147,956.00 149,129.00 152,596.00 155,939.00 159,911.00 160,941.00 164,726.00 166,281.00 169,779.00 166,463.00 165,772.00 138,438.00 137,817.00 136,718.00 136,969.00 130,566.00 101,308.00
      Other Non-Current Liabilities 23,788.00 28,359.00 57,319.00 40,257.00 64,677.00 77,243.00 103,148.00 112,909.00 130,287.00 167,982.00 184,640.00 214,866.00 230,451.00 240,164.00 267,098.00 296,463.00 64,632.00 78,843.00 38,160.00 2,471.00
Equity 966,002.00 1,046,813.00 1,123,136.00 733,545.00 791,317.00 854,094.00 913,490.00 981,329.00 778,941.00 811,643.00 761,506.00 733,474.00 714,477.00 800,161.00 829,068.00 826,738.00 853,814.00 548,551.00 422,429.00 245,561.00
   Shareholders Equity 966,002.00 1,046,813.00 1,123,136.00 733,545.00 791,317.00 854,094.00 913,490.00 981,329.00 778,941.00 811,643.00 761,506.00 733,474.00 714,477.00 800,161.00 829,068.00 826,738.00 853,814.00 548,551.00 422,429.00 245,561.00
      Capital Stock 1,014.00 1,008.00 1,006.00 836.00 826.00 824.00 823.00 816.00 794.00 780.00 744.00 41,212.00 705.00 703.00 698.00 20,884.00 677.00 645.00 617.00 573.00
      Share Premium 2,855,118.00 2,823,987.00 2,797,871.00 2,298,661.00 2,265,009.00 2,233,989.00 2,202,146.00 2,169,798.00 2,112,857.00 2,049,476.00 1,915,349.00 1,792,554.00 1,737,459.00 1,713,086.00 1,668,567.00 1,594,378.00 1,556,685.00 1,223,324.00 1,021,032.00 642,633.00
      Retained Earnings -1,890,920.00 -1,778,192.00 -1,675,901.00 -1,566,631.00 -1,476,277.00 -1,379,609.00 -1,288,558.00 -1,189,889.00 -1,332,686.00 -1,236,598.00 -1,153,822.00 -1,057,362.00 -1,019,013.00 -909,438.00 -837,488.00 -768,274.00 -703,567.00 -675,449.00 -599,196.00 -397,636.00
      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 790.00 10.00 160.00 679.00 1,759.00 -1,110.00 -921.00 604.00 -2,024.00 -2,015.00 -765.00 -2,430.00 -4,674.00 -4,190.00 -2,709.00 -50.00 19.00 31.00 -24.00 -9.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 807,010.00 868,205.00 692,045.00 0 695,554.00 715,402.00 806,706.00 0 846,408.00 847,472.00 809,700.00 0 0 0 0 0 345,920.00 432,694.00 406,238.00 137,500.00
Debt 151,420.00 154,803.00 158,129.00 161,425.00 162,065.00 165,237.00 168,120.00 172,689.00 173,976.00 177,130.00 178,859.00 182,012.00 178,496.00 177,673.00 150,134.00 147,644.00 145,440.00 142,649.00 136,593.00 107,644.00
Common Shares Outstanding 101,359.76 100,758.75 100,557.09 83,633.07 82,558.88 82,386.21 82,280.83 81,632.50 79,382.03 77,953.50 74,435.39 71,277.34 70,457.68 70,312.11 69,753.02 68,389.43 67,734.48 64,452.68 61,735.12 57,254.18
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 25,634.00 15,936.00 7,470.00 3,475.00 33,451.00 19,182.00 7,410.00 247,660.00 61,517.00 44,324.00 24,208.00 -13,479.00 40,883.00 25,084.00 8,432.00 51,051.00 775.00 12.00 6.00
Operating Expenses 391,882.00 255,373.00 126,756.00 -209,647.00 348,982.00 228,209.00 111,542.00 -185,202.00 370,860.00 245,400.00 123,136.00 -158,910.00 290,377.00 183,275.00 84,657.00 -345,185.00 329,756.00 259,359.00 200,379.00
   Selling, General and Administrative Expenses 130,382.00 86,907.00 43,754.00 5,523.00 82,865.00 56,350.00 26,724.00 -28,379.00 73,556.00 48,146.00 23,490.00 -39,875.00 65,124.00 43,309.00 19,247.00 -16,177.00 39,450.00 23,676.00 10,273.00
   Research and Development Expenses 502,724.00 331,751.00 162,479.00 58,752.00 266,117.00 171,859.00 84,818.00 -156,823.00 297,304.00 197,254.00 99,646.00 -119,035.00 225,253.00 139,966.00 65,410.00 -331,308.00 290,306.00 235,683.00 192,406.00
   Other Operating Expenses -241,224.00 -163,285.00 -79,477.00 -273,922.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,300.00 0.00 0.00 -2,300.00
Operating Income -366,248.00 -239,437.00 -119,286.00 213,122.00 -315,531.00 -209,027.00 -104,132.00 432,862.00 -309,343.00 -201,076.00 -98,928.00 145,431.00 -249,494.00 -158,191.00 -76,225.00 396,236.00 -328,981.00 -259,347.00 -200,373.00
Net Non-Operating Income 41,959.00 27,876.00 10,016.00 -15,126.00 29,182.00 19,346.00 5,463.00 -13,003.00 34,019.00 21,840.00 2,468.00 27,598.00 26,665.00 17,027.00 7,011.00 17,243.00 23,050.00 -18,466.00 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
EBT -324,289.00 -211,561.00 -109,270.00 197,996.00 -286,349.00 -189,681.00 -98,669.00 419,859.00 -275,324.00 -179,236.00 -96,460.00 173,029.00 -222,829.00 -141,164.00 -69,214.00 213,106.00 -305,931.00 -277,813.00 0
Income Tax 0.00 0.00 0.00 -239.00 139.00 139.00 0.00 1,366.00 0.00 0.00 0.00 1,000.00 2,410.00 0.00 0.00 0.00 0.00 0.00 0.00
Equity Method Investments Income 0 0 0 0 0 0 0 0 0 0 0 0.00 -25,500.00 0 0 0 0 0 0
Net Income -324,289.00 -211,561.00 -109,270.00 198,035.00 -286,388.00 -189,720.00 -98,669.00 418,493.00 -275,324.00 -179,236.00 -96,460.00 172,029.00 -250,739.00 -141,164.00 -69,214.00 414,666.00 -305,931.00 -277,813.00 -201,560.00
EBIT -324,289.00 -211,561.00 -109,270.00 197,996.00 -286,349.00 -189,681.00 -98,669.00 419,859.00 -275,324.00 -179,236.00 -96,460.00 173,029.00 -222,829.00 -141,164.00 -69,214.00 213,106.00 -305,931.00 -277,813.00 0
Deprecation and Amortization 16,626.00 11,066.00 5,528.00 -1,327.00 16,482.00 11,007.00 5,431.00 -8,748.00 14,650.00 9,463.00 4,647.00 -6,098.00 10,203.00 6,730.00 3,312.00 -1,831.00 4,817.00 3,067.00 1,398.00
EBITDA -307,663.00 -200,495.00 -103,742.00 196,669.00 -269,867.00 -178,674.00 -93,238.00 411,111.00 -260,674.00 -169,773.00 -91,813.00 166,931.00 -212,626.00 -134,434.00 -65,902.00 212,673.00 -301,114.00 -274,746.00 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 -0.00 -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 97,567.23 95,023.98 87,975.31 83,406.47 82,141.38 82,005.55 81,698.63 86,114.92 75,902.61 74,315.72 72,273.83 72,137.71 69,758.43 69,461.21 68,703.86 132,734.78 62,960.22 61,215.71 0
Average Shares Outstanding Diluted 97,567.23 95,023.98 87,975.31 83,406.47 82,141.38 82,005.55 81,698.63 86,114.92 75,902.61 74,315.72 72,273.83 72,137.71 69,758.43 69,461.21 68,703.86 132,734.78 62,960.22 61,215.71 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 -261,813.00 -180,334.00 -103,884.00 206,138.00 -270,881.00 -182,756.00 -99,747.00 439,372.00 -284,268.00 -194,484.00 -109,815.00 -453,895.00 91,718.00 166,214.00 218,490.00 111,513.00 -68,098.00 -71,105.00 -38,578.00
   Operating Net Income -324,289.00 -211,561.00 -109,270.00 198,035.00 -286,388.00 -189,720.00 -98,669.00 418,493.00 -275,324.00 -179,236.00 -96,460.00 172,029.00 -250,739.00 -141,164.00 -69,214.00 414,666.00 -305,931.00 -277,813.00 -201,560.00
   Deprecation and Amortization 16,626.00 11,066.00 5,528.00 -1,327.00 16,482.00 11,007.00 5,431.00 -8,748.00 14,650.00 9,463.00 4,647.00 -6,098.00 10,203.00 6,730.00 3,312.00 -1,831.00 4,817.00 3,067.00 1,398.00
   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 73,796.00 51,049.00 26,682.00 -59,948.00 90,444.00 60,885.00 29,281.00 -51,495.00 76,030.00 50,195.00 23,917.00 -35,149.00 61,822.00 39,613.00 18,035.00 -4,246.00 28,068.00 15,100.00 4,648.00
   Change in Working Capital -31,447.00 -19,096.00 -7,112.00 23,100.00 -40,777.00 -21,541.00 -2,622.00 -48,571.00 -62,121.00 -42,198.00 -18,136.00 -39,269.00 1,739.00 15,580.00 6,017.00 263,650.00 47,194.00 53,571.00 1,827.00
   Other Operating Activities 3,501.00 -11,792.00 -19,712.00 46,278.00 -50,642.00 -43,387.00 -33,168.00 129,693.00 -37,503.00 -32,708.00 -23,783.00 -545,408.00 268,693.00 245,455.00 260,340.00 -560,726.00 157,754.00 134,970.00 155,109.00
Investing Cash Flow -229,845.00 -295,500.00 -125,089.00 145,715.00 58,727.00 34,029.00 -53,464.00 88,677.00 -26,259.00 -16,029.00 25,451.00 1,189,379.00 -574,775.00 -538,601.00 -537,339.00 494,893.00 -216,648.00 -292,763.00 -279,626.00
   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 11,212.00 6,201.00 3,065.00 -3,867.00 5,976.00 4,399.00 2,438.00 -24,623.00 30,143.00 22,195.00 6,017.00 -27,901.00 40,690.00 28,903.00 7,259.00 -25,771.00 33,442.00 27,662.00 11,478.00
   Net Purchase/Sale of Investments Net 1,478,953.00 1,056,923.00 556,314.00 -908,062.00 1,037,581.00 697,856.00 339,456.00 -1,677,184.00 1,866,016.00 1,320,884.00 564,532.00 -1,783,678.00 2,223,133.00 1,531,458.00 850,700.00 -623,612.00 1,029,666.00 590,771.00 309,668.00
   Net Purchase/Sale of Business 78.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00 620.00 620.00 -620.00
   Other Investing Activities -1,720,088.00 -1,358,624.00 -684,468.00 1,057,644.00 -984,830.00 -668,226.00 -395,358.00 1,790,484.00 -1,922,418.00 -1,359,108.00 -545,098.00 3,000,958.00 -2,838,598.00 -2,098,962.00 -1,395,298.00 1,144,276.00 -1,280,376.00 -911,816.00 -600,152.00
Financing Cash Flow 476,163.00 474,488.00 473,379.00 -2,483.00 4,292.00 3,030.00 2,897.00 -270,661.00 242,735.00 205,958.00 98,416.00 -101,680.00 79,578.00 78,016.00 55,676.00 -645,443.00 734,598.00 413,712.00 253,274.00
   Net Issuance/Repayment of Debt 0 0 0 -461.00 485.00 284.00 177.00 -1,191.00 1,620.00 1,220.00 603.00 -1,081.00 1,697.00 1,118.00 553.00 -504.00 1,576.00 1,046.00 0
   Net Issuance/Repurchase of Equity 5,650.00 3,975.00 2,220.00 -2,944.00 4,777.00 3,314.00 3,074.00 -272,161.00 244,986.00 207,425.00 99,081.00 -102,822.00 81,409.00 79,243.00 56,235.00 -662,782.00 744,862.00 423,237.00 261,758.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities 470,513.00 470,513.00 471,159.00 922.00 -970.00 -568.00 -354.00 2,691.00 -3,871.00 -2,687.00 -1,268.00 2,223.00 -3,528.00 -2,345.00 -1,112.00 17,843.00 -11,840.00 -10,571.00 -8,484.00
Net Change in Cash -15,495.00 -1,346.00 244,406.00 349,370.00 -207,862.00 -145,697.00 -150,314.00 257,388.00 -67,792.00 -4,555.00 14,052.00 633,804.00 -403,479.00 -294,371.00 -263,173.00 -39,037.00 449,852.00 49,844.00 -64,930.00
   Cash at Beginning of Period 290,111.00 290,111.00 290,111.00 -59,259.00 444,614.00 444,614.00 444,614.00 187,226.00 245,521.00 245,521.00 245,521.00 -388,283.00 572,740.00 572,740.00 572,740.00 611,777.00 177,011.00 177,011.00 177,011.00
   Cash at End of Period 274,616.00 288,765.00 534,517.00 290,111.00 236,752.00 298,917.00 294,300.00 444,614.00 177,729.00 240,966.00 259,573.00 245,521.00 169,261.00 278,369.00 309,567.00 572,740.00 626,863.00 226,855.00 112,081.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0