BTAI
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -0.25 | -7.67 | -58.05 | -80.32 | |
| Price to Sales | 6.69 | 995.78 | 25647.76 | ||
| Book Value Per Common Share | -30.01 | -1.89 | 2.73 | 7.92 | 8.47 |
| Price to Book | -0.20 | -25.00 | 126.00 | 41.06 | 87.32 |
| Price to Operating Cash Flow | -0.21 | -8.87 | -71.14 | -104.42 | -272.02 |
| Price to Free Cash Flow | -8.87 | -71.07 | -103.86 | -270.74 | |
| 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 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | -1.17 | -0.74 | -1.35 | -30.50 | -97.52 | -51.86 | -23.53 | -58.23 | -162.26 | -126.93 | -156.44 | -298.71 | ||||||
| Price to Sales | 371.01 | 118.30 | 58.33 | 1952.00 | 747.45 | 2387.30 | 3459.83 | 6787.26 | 41466.67 | 38595.92 | ||||||||
| Book Value Per Common Share | -4.45 | -16.26 | -16.49 | -30.01 | -2.02 | -1.84 | -2.15 | -1.89 | -1.39 | 0.20 | 1.82 | 2.73 | 4.53 | 5.86 | 6.93 | 7.92 | 7.58 | 8.47 |
| Price to Book | -0.58 | -0.11 | -0.12 | -0.20 | -4.84 | -11.13 | -20.97 | -25.00 | -29.18 | 531.74 | 163.91 | 126.00 | 41.73 | 36.02 | 48.25 | 41.06 | 91.09 | 87.32 |
| Price to Operating Cash Flow | -0.81 | -78.66 | -163.19 | -288.81 | -866.01 | |||||||||||||
| Price to Free Cash Flow | -287.74 | -852.33 | ||||||||||||||||
| 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 | 64.20 | 268.00 | |||
| 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 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | ||||||||||||||||||
| Revenue YoY | -18.33 | -28.57 | -54.10 | -80.62 | 89.69 | 54.79 | -25.38 | 121.84 | -13.45 | |||||||||
| 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 | 11.78 | 2.24 | 6.92 | 8.83 | 8.73 |
| Quick Ratio | 1.35 | 2.39 | 5.90 | ||
| Current Ratio | 1.68 | 2.65 | 6.17 | 14.21 | 18.33 |
| Debt to Equity | -1.41 | -2.30 | 1.68 | 0.08 | 0.06 |
| Long-Term Debt to Equity | -1.17 | -1.82 | 1.25 | 0.01 | 0.01 |
| 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 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 2.63 | 2.37 | 6.42 | 9.62 | 0.95 | 1.40 | 2.40 | 2.18 | 3.07 | 4.37 | 5.78 | 6.88 | 8.29 | 8.34 | 7.16 | 8.33 | 7.88 | 8.73 |
| Quick Ratio | 0.56 | 1.35 | 1.58 | 2.09 | 2.37 | 2.39 | 2.30 | 3.68 | 5.77 | 5.90 | ||||||||
| Current Ratio | 1.17 | 0.76 | 1.48 | 1.68 | 1.87 | 2.35 | 2.57 | 2.65 | 2.51 | 3.98 | 6.16 | 6.17 | 10.34 | 12.25 | 12.98 | 14.21 | 15.97 | 18.33 |
| Debt to Equity | -1.50 | -1.24 | -1.43 | -1.41 | -1.57 | -1.88 | -2.14 | -2.30 | -3.47 | 22.89 | 2.40 | 1.68 | 0.93 | 0.51 | 0.09 | 0.08 | 0.07 | 0.06 |
| Long-Term Debt to Equity | -1.08 | -0.93 | -1.14 | -1.17 | -1.27 | -1.51 | -1.70 | -1.82 | -2.50 | 16.97 | 1.86 | 1.25 | 0.74 | 0.39 | 0.01 | 0.01 | 0.01 | 0.01 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | -155.46 | -242.94 | -80.52 | -44.66 | -37.36 |
| ROE | 64.02 | 316.86 | -215.90 | -48.24 | -39.75 |
| Gross Margin | 5.43 | 8.70 | 94.67 | ||
| Operating Margin | |||||
| EBITDA Margin | |||||
| Net Profit Margin | -2630.14 | -12974.86 | -44201.87 |
| 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 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | -69.01 | -74.40 | -18.81 | -27.92 | -12.68 | -32.54 | -50.26 | -38.20 | -29.31 | -17.08 | -15.18 | -14.91 | -13.16 | |||||
| ROE | 34.76 | 17.82 | 8.04 | 15.94 | 11.17 | 37.02 | 124.33 | -912.60 | -99.61 | -32.92 | -22.93 | -16.22 | -14.12 | |||||
| Gross Margin | 88.78 | 10.83 | 91.67 | -446.73 | 94.38 | 86.25 | -50.15 | 94.31 | 95.63 | 91.97 | ||||||||
| Operating Margin | -25713.87 | |||||||||||||||||
| EBITDA Margin | -25651.82 | |||||||||||||||||
| Net Profit Margin | -31541.84 | -15989.17 | -4317.86 | -6378.50 | -751.72 | -4603.26 | -14805.28 | -11710.07 | -25629.13 | -30514.60 |
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 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | ||||||||||||||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Assets | 38,338.00 | 73,702.00 | 205,853.00 | 239,439.00 | 219,936.00 |
| Current Assets | 37,394.00 | 72,143.00 | 202,868.00 | 236,812.00 | 217,065.00 |
| Cash and Short-Term Investments | 29,854.00 | 65,221.00 | 193,725.00 | 232,968.00 | 213,119.00 |
| Cash and Cash Equivalents | 29,854.00 | 65,221.00 | 193,725.00 | 232,968.00 | 213,119.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 131.00 | 71.00 | 248.00 | 0 | 0 |
| Inventory | 679.00 | 1,991.00 | 1,985.00 | 0 | 0 |
| Other Current Assets | 6,730.00 | 4,860.00 | 6,910.00 | 3,844.00 | 3,946.00 |
| Non-Current Assets | 944.00 | 1,559.00 | 2,985.00 | 2,627.00 | 2,871.00 |
| Property, Plant, Equipment Net | 857.00 | 1,472.00 | 2,060.00 | 2,541.00 | 2,784.00 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 87.00 | 87.00 | 925.00 | 86.00 | 87.00 |
| Liabilities | 131,439.00 | 130,210.00 | 129,078.00 | 17,772.00 | 13,240.00 |
| Current Liabilities | 22,233.00 | 27,267.00 | 32,898.00 | 16,667.00 | 11,842.00 |
| Payables and Expenses | 21,752.00 | 26,814.00 | 32,072.00 | 16,170.00 | 11,448.00 |
| Account Payables | 15,990.00 | 14,390.00 | 13,403.00 | 4,678.00 | 3,979.00 |
| Current Accrued Liabilities | 5,762.00 | 12,424.00 | 18,669.00 | 11,492.00 | 7,469.00 |
| Short-Term Debt | 374.00 | 346.00 | 319.00 | 293.00 | 237.00 |
| Other Current Liabilities | 107.00 | 107.00 | 507.00 | 204.00 | 157.00 |
| Non-Current Liabilities | 109,206.00 | 102,943.00 | 96,180.00 | 1,105.00 | 1,398.00 |
| Long-Term Debt | 102,573.00 | 101,038.00 | 93,837.00 | 1,105.00 | 1,398.00 |
| Other Non-Current Liabilities | 6,633.00 | 1,905.00 | 2,343.00 | 0.00 | 0.00 |
| Equity | -93,101.00 | -56,508.00 | 76,775.00 | 221,667.00 | 206,696.00 |
| Shareholders Equity | -93,101.00 | -56,508.00 | 76,775.00 | 221,667.00 | 206,696.00 |
| Capital Stock | 49.00 | 30.00 | 28.00 | 28.00 | 24.00 |
| Share Premium | 557,047.00 | 534,060.00 | 488,292.00 | 467,427.00 | 345,529.00 |
| Retained Earnings | -650,197.00 | -590,598.00 | -411,545.00 | -245,788.00 | -138,857.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 102,573.00 | 101,038.00 | 93,837.00 | 1,105.00 | 1,398.00 |
| Net Debt | 72,719.00 | 35,817.00 | 0 | 0 | 0 |
| Common Shares Outstanding | 3,102.00 | 29,930.00 | 28,147.00 | 27,980.00 | 24,417.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 2,266.00 | 1,380.00 | 375.00 | 0 | 0 |
| Cost Of Revenue | 2,143.00 | 1,260.00 | 20.00 | 0 | 0 |
| Gross Profit | 123.00 | 120.00 | 355.00 | 0 | 0 |
| Operating Expenses | 67,368.00 | 171,902.00 | 160,000.00 | 106,935.00 | 82,297.00 |
| Selling, General and Administrative Expenses | 34,492.00 | 83,413.00 | 68,761.00 | 54,227.00 | 24,302.00 |
| Research and Development Expenses | 30,435.00 | 84,326.00 | 91,239.00 | 52,708.00 | 57,995.00 |
| Other Operating Expenses | 2,441.00 | 4,163.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -67,245.00 | -171,782.00 | -159,645.00 | -106,935.00 | -82,297.00 |
| Interest Income | 17,731.00 | 18,963.00 | 10,741.00 | 84.00 | 27.00 |
| Interest Expense | 15,129.00 | 13,314.00 | 8,213.00 | 40.00 | 27.00 |
| Net Interest | 2,602.00 | 5,649.00 | 2,528.00 | 44.00 | 27.00 |
| EBT | 0 | 0 | 0 | 0 | 0 |
| Income Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -59,599.00 | -179,053.00 | -165,757.00 | -106,931.00 | -82,169.00 |
| Deprecation and Amortization | 615.00 | 606.00 | 327.00 | 297.00 | 188.00 |
| EPS | -0.02 | -0.01 | -0.01 | -0.00 | 0 |
| Diluted EPS | -0.02 | -0.01 | -0.01 | -0.00 | 0 |
| Average Shares Outstanding Basic | 2,535.00 | 29,129.00 | 28,015.00 | 26,373.00 | 0 |
| Average Shares Outstanding Diluted | 2,535.00 | 29,129.00 | 28,015.00 | 26,373.00 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | -72,027.00 | -155,006.00 | -135,341.00 | -82,153.00 | -66,350.00 |
| Operating Net Income | -59,599.00 | -179,053.00 | -165,757.00 | -106,931.00 | -82,169.00 |
| Deprecation and Amortization | 615.00 | 606.00 | 327.00 | 297.00 | 188.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 6,156.00 | 18,614.00 | 17,337.00 | 19,455.00 | 14,611.00 |
| Change in Working Capital | -6,029.00 | 2,018.00 | 10,403.00 | 4,716.00 | 1,020.00 |
| Other Operating Activities | -13,170.00 | 2,809.00 | 2,349.00 | 310.00 | 0.00 |
| Investing Cash Flow | 0 | -20.00 | -139.00 | -445.00 | -316.00 |
| Capital Expenditure | 0.00 | -20.00 | -139.00 | -445.00 | -316.00 |
| Net Purchase/Sale of PPE | 0 | -20.00 | -139.00 | -445.00 | -316.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 20.00 | 139.00 | 445.00 | 316.00 |
| Financing Cash Flow | 36,660.00 | 26,522.00 | 96,237.00 | 102,447.00 | 247,359.00 |
| Net Issuance/Repayment of Debt | -2,500.00 | 0 | 98,600.00 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 25,000.00 | 27,540.00 | 283.00 | 102,447.00 | 265,407.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 14,160.00 | -1,018.00 | -2,646.00 | 0.00 | -18,048.00 |
| Net Change in Cash | -35,367.00 | -128,504.00 | -39,243.00 | 19,849.00 | 180,693.00 |
| Cash at Beginning of Period | 65,221.00 | 193,725.00 | 232,968.00 | 213,119.00 | 32,426.00 |
| Cash at End of Period | 29,854.00 | 65,221.00 | 193,725.00 | 232,968.00 | 213,119.00 |
| Free Cash Flow | 0 | -155,026.00 | -135,480.00 | -82,598.00 | -66,666.00 |
| 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 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 44,792.00 | 25,789.00 | 38,566.00 | 38,338.00 | 48,892.00 | 65,435.00 | 82,323.00 | 73,702.00 | 100,449.00 | 140,097.00 | 180,103.00 | 205,853.00 | 244,818.00 | 248,235.00 | 211,045.00 | 239,439.00 | 200,389.00 | 219,936.00 |
| Current Assets | 44,403.00 | 25,243.00 | 37,777.00 | 37,394.00 | 47,792.00 | 64,181.00 | 80,917.00 | 72,143.00 | 98,738.00 | 138,235.00 | 177,268.00 | 202,868.00 | 241,661.00 | 244,924.00 | 207,562.00 | 236,812.00 | 196,783.00 | 217,065.00 |
| Cash and Short-Term Investments | 37,320.00 | 18,575.00 | 31,013.00 | 29,854.00 | 40,387.00 | 56,271.00 | 74,141.00 | 65,221.00 | 89,961.00 | 127,545.00 | 165,521.00 | 193,725.00 | 232,314.00 | 233,452.00 | 200,435.00 | 232,968.00 | 194,015.00 | 213,119.00 |
| Cash and Cash Equivalents | 37,320.00 | 18,575.00 | 31,013.00 | 29,854.00 | 40,387.00 | 56,271.00 | 74,141.00 | 65,221.00 | 89,961.00 | 127,545.00 | 165,521.00 | 193,725.00 | 232,314.00 | 233,452.00 | 200,435.00 | 232,968.00 | 194,015.00 | 213,119.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 0 | 17.00 | 0 | 131.00 | 3.00 | 812.00 | 378.00 | 71.00 | 735.00 | 431.00 | 283.00 | 248.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 459.00 | 506.00 | 642.00 | 679.00 | 1,525.00 | 2,680.00 | 2,439.00 | 1,991.00 | 2,018.00 | 1,925.00 | 1,952.00 | 1,985.00 | 1,408.00 | 1,395.00 | 682.00 | 0 | 0 | 0 |
| Other Current Assets | 6,624.00 | 6,145.00 | 6,122.00 | 6,730.00 | 5,877.00 | 4,418.00 | 3,959.00 | 4,860.00 | 6,024.00 | 8,334.00 | 9,512.00 | 6,910.00 | 7,939.00 | 10,077.00 | 6,445.00 | 3,844.00 | 2,768.00 | 3,946.00 |
| Non-Current Assets | 389.00 | 546.00 | 789.00 | 944.00 | 1,100.00 | 1,254.00 | 1,406.00 | 1,559.00 | 1,711.00 | 1,862.00 | 2,835.00 | 2,985.00 | 3,157.00 | 3,311.00 | 3,483.00 | 2,627.00 | 3,606.00 | 2,871.00 |
| Property, Plant, Equipment Net | 389.00 | 546.00 | 702.00 | 857.00 | 1,013.00 | 1,167.00 | 1,319.00 | 1,472.00 | 1,624.00 | 1,775.00 | 1,910.00 | 2,060.00 | 2,232.00 | 2,386.00 | 2,518.00 | 2,541.00 | 2,973.00 | 2,784.00 |
| Goodwill | 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 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0.00 | 0.00 | 87.00 | 87.00 | 87.00 | 87.00 | 87.00 | 87.00 | 87.00 | 87.00 | 925.00 | 925.00 | 925.00 | 925.00 | 965.00 | 86.00 | 633.00 | 87.00 |
| Liabilities | 133,711.00 | 133,456.00 | 128,738.00 | 131,439.00 | 134,525.00 | 139,736.00 | 154,686.00 | 130,210.00 | 141,057.00 | 134,233.00 | 127,098.00 | 129,078.00 | 117,832.00 | 83,973.00 | 17,025.00 | 17,772.00 | 13,652.00 | 13,240.00 |
| Current Liabilities | 37,804.00 | 33,376.00 | 25,546.00 | 22,233.00 | 25,557.00 | 27,288.00 | 31,481.00 | 27,267.00 | 39,408.00 | 34,744.00 | 28,759.00 | 32,898.00 | 23,378.00 | 19,995.00 | 15,997.00 | 16,667.00 | 12,324.00 | 11,842.00 |
| Payables and Expenses | 20,639.00 | 21,782.00 | 19,436.00 | 21,752.00 | 25,082.00 | 26,820.00 | 31,012.00 | 26,814.00 | 37,846.00 | 33,437.00 | 27,895.00 | 32,072.00 | 22,717.00 | 19,393.00 | 15,642.00 | 16,170.00 | 11,838.00 | 11,448.00 |
| Account Payables | 16,276.00 | 16,692.00 | 15,450.00 | 15,990.00 | 14,889.00 | 13,335.00 | 17,337.00 | 14,390.00 | 11,236.00 | 14,309.00 | 10,830.00 | 13,403.00 | 8,768.00 | 6,021.00 | 5,065.00 | 4,678.00 | 5,310.00 | 3,979.00 |
| Current Accrued Liabilities | 4,363.00 | 5,090.00 | 3,986.00 | 5,762.00 | 10,193.00 | 13,485.00 | 13,675.00 | 12,424.00 | 26,610.00 | 19,128.00 | 17,065.00 | 18,669.00 | 13,949.00 | 13,372.00 | 10,577.00 | 11,492.00 | 6,528.00 | 7,469.00 |
| Short-Term Debt | 16,823.00 | 11,216.00 | 5,608.00 | 374.00 | 368.00 | 361.00 | 353.00 | 346.00 | 339.00 | 332.00 | 325.00 | 319.00 | 312.00 | 306.00 | 299.00 | 293.00 | 275.00 | 237.00 |
| Other Current Liabilities | 342.00 | 378.00 | 502.00 | 107.00 | 107.00 | 107.00 | 116.00 | 107.00 | 1,223.00 | 975.00 | 539.00 | 507.00 | 349.00 | 296.00 | 56.00 | 204.00 | 211.00 | 157.00 |
| Non-Current Liabilities | 95,907.00 | 100,080.00 | 103,192.00 | 109,206.00 | 108,968.00 | 112,448.00 | 123,205.00 | 102,943.00 | 101,649.00 | 99,489.00 | 98,339.00 | 96,180.00 | 94,454.00 | 63,978.00 | 1,028.00 | 1,105.00 | 1,328.00 | 1,398.00 |
| Long-Term Debt | 92,302.00 | 97,469.00 | 99,918.00 | 102,573.00 | 104,601.00 | 103,262.00 | 101,983.00 | 101,038.00 | 99,622.00 | 97,463.00 | 95,765.00 | 93,837.00 | 92,563.00 | 62,973.00 | 1,028.00 | 1,105.00 | 1,328.00 | 1,398.00 |
| Other Non-Current Liabilities | 3,605.00 | 2,611.00 | 3,274.00 | 6,633.00 | 4,367.00 | 9,186.00 | 21,222.00 | 1,905.00 | 2,027.00 | 2,026.00 | 2,574.00 | 2,343.00 | 1,891.00 | 1,005.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity | -88,919.00 | -107,667.00 | -90,172.00 | -93,101.00 | -85,633.00 | -74,301.00 | -72,363.00 | -56,508.00 | -40,608.00 | 5,864.00 | 53,005.00 | 76,775.00 | 126,986.00 | 164,262.00 | 194,020.00 | 221,667.00 | 186,737.00 | 206,696.00 |
| Shareholders Equity | -88,919.00 | -107,667.00 | -90,172.00 | -93,101.00 | -85,633.00 | -74,301.00 | -72,363.00 | -56,508.00 | -40,608.00 | 5,864.00 | 53,005.00 | 76,775.00 | 126,986.00 | 164,262.00 | 194,020.00 | 221,667.00 | 186,737.00 | 206,696.00 |
| Capital Stock | 73.00 | 60.00 | 59.00 | 49.00 | 42.00 | 40.00 | 34.00 | 30.00 | 29.00 | 29.00 | 29.00 | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 | 25.00 | 24.00 |
| Share Premium | 618,557.00 | 568,911.00 | 567,220.00 | 557,047.00 | 553,663.00 | 551,347.00 | 544,992.00 | 534,060.00 | 527,705.00 | 523,691.00 | 517,317.00 | 488,292.00 | 483,695.00 | 479,164.00 | 471,252.00 | 467,427.00 | 351,945.00 | 345,529.00 |
| Retained Earnings | -707,549.00 | -676,638.00 | -657,451.00 | -650,197.00 | -639,338.00 | -625,688.00 | -617,389.00 | -590,598.00 | -568,342.00 | -517,856.00 | -464,341.00 | -411,545.00 | -356,737.00 | -314,930.00 | -277,260.00 | -245,788.00 | -165,233.00 | -138,857.00 |
| Treasury Shares | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 109,125.00 | 108,685.00 | 105,526.00 | 102,573.00 | 104,601.00 | 103,262.00 | 101,983.00 | 101,038.00 | 99,622.00 | 97,463.00 | 95,765.00 | 93,837.00 | 92,563.00 | 62,973.00 | 1,028.00 | 1,105.00 | 1,328.00 | 1,398.00 |
| Net Debt | 71,805.00 | 90,110.00 | 74,513.00 | 72,719.00 | 64,214.00 | 46,991.00 | 27,842.00 | 35,817.00 | 9,661.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Shares Outstanding | 19,996.00 | 6,620.00 | 5,468.00 | 3,102.00 | 42,462.00 | 40,383.00 | 33,632.00 | 29,930.00 | 29,273.00 | 29,267.00 | 29,100.00 | 28,147.00 | 28,023.00 | 28,018.00 | 27,980.00 | 27,980.00 | 24,631.00 | 24,417.00 |
| 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 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | 98.00 | 120.00 | 168.00 | 366.00 | 214.00 | 1,104.00 | 582.00 | 376.00 | 341.00 | 457.00 | 206.00 | 238.00 | 137.00 | 0 | 0 | 0 |
| Cost Of Revenue | 11.00 | 107.00 | 14.00 | 831.00 | 1,170.00 | 62.00 | 80.00 | 713.00 | 512.00 | 26.00 | 9.00 | 9.00 | 11.00 | 0 | 0 | 0 |
| Gross Profit | 87.00 | 13.00 | 154.00 | -465.00 | -956.00 | 1,042.00 | 502.00 | -337.00 | -171.00 | 431.00 | 197.00 | 229.00 | 126.00 | 0 | 0 | 0 |
| Operating Expenses | 14,315.00 | 15,865.00 | 10,253.00 | 10,028.00 | 14,337.00 | 18,338.00 | 24,665.00 | 19,536.00 | 48,126.00 | 52,845.00 | 51,395.00 | 53,116.00 | 39,116.00 | 36,288.00 | 31,480.00 | 26,379.00 |
| Selling, General and Administrative Expenses | 5,381.00 | 5,609.00 | 5,699.00 | 4,095.00 | 7,683.00 | 9,450.00 | 13,264.00 | 9,602.00 | 24,344.00 | 25,872.00 | 23,595.00 | 20,404.00 | 17,054.00 | 18,382.00 | 12,921.00 | 11,638.00 |
| Research and Development Expenses | 8,740.00 | 10,256.00 | 4,554.00 | 5,901.00 | 5,101.00 | 8,032.00 | 11,401.00 | 9,934.00 | 19,619.00 | 26,973.00 | 27,800.00 | 32,712.00 | 22,062.00 | 17,906.00 | 18,559.00 | 14,741.00 |
| Other Operating Expenses | 194.00 | 0.00 | 0.00 | 32.00 | 1,553.00 | 856.00 | 0.00 | 0.00 | 4,163.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -14,228.00 | -15,852.00 | -10,099.00 | -10,493.00 | -15,293.00 | -17,296.00 | -24,163.00 | -19,873.00 | -48,297.00 | -52,414.00 | -51,198.00 | -52,887.00 | -38,990.00 | -36,288.00 | -31,480.00 | -26,379.00 |
| Net Non-Operating Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62.00 | 0 | 0 | 0 |
| Interest Income | 4,609.00 | 4,452.00 | 4,272.00 | 4,400.00 | 4,406.00 | 4,371.00 | 4,554.00 | 4,381.00 | 4,320.00 | 4,880.00 | 5,382.00 | 8,106.00 | 823.00 | 1,790.00 | 22.00 | 17.00 |
| Interest Expense | 4,373.00 | 4,222.00 | 3,993.00 | 4,032.00 | 3,790.00 | 3,700.00 | 3,607.00 | 3,436.00 | 3,252.00 | 3,259.00 | 3,367.00 | 2,920.00 | 3,700.00 | 1,586.00 | 7.00 | 7.00 |
| Net Interest | 236.00 | 230.00 | 279.00 | 368.00 | 616.00 | 671.00 | 947.00 | 945.00 | 1,068.00 | 1,621.00 | 2,015.00 | 5,186.00 | -2,877.00 | 204.00 | 15.00 | 10.00 |
| EBT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -38,928.00 | 0 | 0 | 0 |
| Income Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -30,911.00 | -19,187.00 | -7,254.00 | -10,859.00 | -13,650.00 | -8,299.00 | -26,791.00 | -22,256.00 | -50,486.00 | -53,515.00 | -52,796.00 | -54,810.00 | -41,805.00 | -37,670.00 | -31,472.00 | -26,376.00 |
| EBIT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -35,228.00 | 0 | 0 | 0 |
| Deprecation and Amortization | 75.00 | 75.00 | 155.00 | 308.00 | 77.00 | 77.00 | 153.00 | 366.00 | 79.00 | 81.00 | 80.00 | 81.00 | 85.00 | 84.00 | 77.00 | 65.00 |
| EBITDA | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -35,143.00 | 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 |
| 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 |
| Average Shares Outstanding Basic | 14,196.00 | 7,843.00 | 4,834.00 | -103,371.00 | 42,390.00 | 40,253.00 | 30,868.00 | 29,445.00 | 29,268.00 | 29,187.00 | 28,616.00 | 28,069.00 | 28,022.00 | 27,989.00 | 27,980.00 | 0 |
| Average Shares Outstanding Diluted | 14,196.00 | 7,843.00 | 4,834.00 | -103,371.00 | 42,390.00 | 40,253.00 | 30,868.00 | 58,032.38 | 29,268.00 | 29,187.00 | 28.62 | 28,069.00 | 28,022.00 | 27,989.00 | 27,980.00 | 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 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 0 | 0 | -12,043.00 | -54,321.00 | 0 | 0 | -17,706.00 | -102,653.00 | 0 | 0 | -52,353.00 | -102,928.00 | 0 | 0 | -32,413.00 | -19,640.00 |
| Operating Net Income | 0 | 0 | -7,254.00 | -32,808.00 | 0 | 0 | -26,791.00 | -126,257.00 | 0 | 0 | -52,796.00 | -134,285.00 | 0 | 0 | -31,472.00 | -26,376.00 |
| Deprecation and Amortization | 75.00 | 75.00 | 155.00 | 308.00 | 77.00 | 77.00 | 153.00 | 366.00 | 79.00 | 81.00 | 80.00 | 81.00 | 85.00 | 84.00 | 77.00 | 65.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 180.00 | 2,723.00 | 0 | 0 | 3,433.00 | 13,737.00 | 0 | 0 | 4,877.00 | 13,512.00 | 0 | 0 | 3,825.00 | 5,565.00 |
| Change in Working Capital | 0 | 0 | -1,583.00 | -10,299.00 | 0 | 0 | 4,270.00 | 7,564.00 | 0 | 0 | -5,546.00 | 15,312.00 | 0 | 0 | -4,909.00 | 1,106.00 |
| Other Operating Activities | 0 | 0 | -3,541.00 | -14,399.00 | 0 | 0 | 1,229.00 | 1,777.00 | 0 | 0 | 1,032.00 | 2,283.00 | 0 | 0 | 66.00 | 0.00 |
| Investing Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20.00 | 0 | 0 | 0 | -19.00 | 0 | 0 | -120.00 | -316.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -20.00 | 0.00 | 0.00 | 0.00 | -19.00 | 0.00 | 0.00 | -120.00 | -316.00 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20.00 | 0 | 0 | 0 | -19.00 | 0 | 0 | -120.00 | -316.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20.00 | 0 | 0 | 0 | 19.00 | 0 | 0 | 120.00 | 316.00 |
| Financing Cash Flow | 0 | 0 | 13,202.00 | 10,034.00 | 0 | 0 | 26,626.00 | 2,373.00 | 0 | 0 | 24,149.00 | 96,237.00 | 0 | 0 | 0 | 852.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | -2,500.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 98,600.00 | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 467.00 | 24,533.00 | 467.00 | 0 | 0 | 2,625.00 | 0 | 0 | 24,915.00 | 283.00 | 0 | 0 | 0 | 852.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 12,735.00 | -12,466.00 | 0 | 0 | 26,626.00 | -252.00 | 0 | 0 | -766.00 | -2,646.00 | 0 | 0 | 0 | 0.00 |
| Net Change in Cash | 0 | 0 | 1,159.00 | -44,287.00 | 0 | 0 | 8,920.00 | -100,300.00 | 0 | 0 | -28,204.00 | -6,710.00 | 0 | 0 | -32,533.00 | -19,104.00 |
| Cash at Beginning of Period | 0 | 0 | 29,854.00 | 74,141.00 | 0 | 0 | 65,221.00 | 165,521.00 | 0 | 0 | 193,725.00 | 200,435.00 | 0 | 0 | 232,968.00 | 213,119.00 |
| Cash at End of Period | 37,320.00 | 18,575.00 | 31,013.00 | 29,854.00 | 40,387.00 | 56,271.00 | 74,141.00 | 65,221.00 | 89,961.00 | 127,545.00 | 165,521.00 | 193,725.00 | 232,314.00 | 233,452.00 | 200,435.00 | 194,015.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -155,026.00 | 0 | 0 | 0 | -102,947.00 | 0 | 0 | -32,533.00 | -19,956.00 |