Valuation Ratios

Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -13.76 -5.11
Price to Sales
Book Value Per Common Share 4.94 3.55 4.08 4.55
Price to Book 4.60 2.61 0.93 2.74
Price to Operating Cash Flow -0.50 -1.19 -3.21 -11.22
Price to Free Cash Flow -0.49 -1.13 -3.11 -10.96
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Price to Earnings -5.32 -2.08 -7.61 -13.36 -33.45 -41.14 -34.89 -18.38 -1.67 -2.36
Price to Sales
Book Value Per Common Share 1.45 1.95 3.57 4.13 4.60 4.94 3.86 4.38 2.92 3.55 2.96 3.29 3.68 4.08 4.21 4.06 4.26 4.55
Price to Book 1.62 0.78 1.32 1.81 3.71 4.60 3.94 2.95 2.83 2.61 0.22 0.32 0.55 0.93 2.89 2.12 2.61 2.74
Price to Operating Cash Flow -3.45 -4.57 -5.20 -17.38 -0.83 -25.15 -43.21 -2.71 -0.83 -2.67 -4.59 -19.82 -32.64 -31.06
Price to Free Cash Flow -0.80 -2.63 -4.54 -30.71
Enterprise Value to EBITDA

Earnings Data

Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 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
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 206.54 17.93 4.23 4.52
Quick Ratio
Current Ratio 15.29 11.47 14.86 21.92
Debt to Equity 0.07 0.12 0.07 0.05
Long-Term Debt to Equity 0.01 0.03 0.00 0.00
Breakdown 2025-09-30 2025-06-30 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Cash Per Common Share 1.66 2.13 3.75 4.21 191.64 5.04 3.95 4.43 22.72 3.62 2.96 3.34 3.77 4.23 4.30 4.12 4.21 4.52
Quick Ratio
Current Ratio 3.60 4.78 8.11 11.52 12.66 15.29 15.65 20.94 10.29 11.47 15.20 15.22 16.07 14.86 20.07 18.75 26.65 21.92
Debt to Equity 0.36 0.26 0.17 0.09 0.08 0.07 0.08 0.06 0.13 0.12 0.07 0.07 0.07 0.07 0.05 0.06 0.04 0.05
Long-Term Debt to Equity 0.03 0.03 0.04 0.00 0.00 0.01 0.01 0.01 0.03 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Profitability

Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -26.68 -45.29 -36.64 -29.06
ROE -28.65 -50.68 -39.24 -30.43
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin
Breakdown 2025-09-30 2025-06-30 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 -23.64 -20.10 -14.98 -12.70 -10.42 -9.49 -7.85 -15.33 -12.46 -12.65 -11.39 -9.43 -10.42 -9.04
ROE -32.17 -25.28 -17.58 -13.83 -11.30 -10.22 -8.32 -17.30 -13.31 -13.51 -12.13 -9.91 -10.99 -9.39
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin

Dividends

Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 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 185,046.00 253,650.00 116,968.00 126,336.00 114,724.00
   Current Assets 166,675.00 244,490.00 108,834.00 124,541.00 113,535.00
      Cash and Short-Term Investments 163,962.00 241,249.00 106,547.00 122,222.00 108,662.00
            Cash and Cash Equivalents 163,962.00 193,238.00 81,607.00 122,222.00 101,429.00
            Short-Term Investments 0 48,011.00 24,940.00 0 7,233.00
      Net Receivables 0 0 0 0 0
      Inventory 0 0 0 0 0
      Other Current Assets 2,713.00 3,241.00 2,287.00 2,319.00 4,873.00
   Non-Current Assets 18,371.00 9,160.00 8,134.00 1,795.00 1,189.00
      Property, Plant, Equipment Net 9,058.00 7,451.00 7,569.00 1,438.00 890.00
      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 9,313.00 1,709.00 565.00 357.00 299.00
Liabilities 32,711.00 17,452.00 12,448.00 8,380.00 5,180.00
   Current Liabilities 27,086.00 15,994.00 9,489.00 8,380.00 5,180.00
      Payables and Expenses 13,238.00 9,747.00 5,978.00 5,310.00 3,688.00
            Account Payables 4,923.00 4,547.00 2,463.00 2,333.00 1,243.00
            Current Accrued Liabilities 8,315.00 5,200.00 3,515.00 2,977.00 2,445.00
      Short-Term Debt 9,975.00 3,560.00 2,179.00 0 0
      Other Current Liabilities 3,873.00 2,687.00 1,332.00 3,070.00 1,492.00
   Non-Current Liabilities 5,625.00 1,458.00 2,959.00 0.00 0.00
      Long-Term Debt 5,625.00 1,458.00 2,959.00 0 0
      Other Non-Current Liabilities 0.00 0.00 0.00 0 0
Equity 152,335.00 236,198.00 104,520.00 117,956.00 109,544.00
   Shareholders Equity 152,335.00 236,198.00 104,520.00 117,956.00 109,544.00
      Capital Stock 1.00 0 0 0 0
      Share Premium 501,435.00 469,396.00 270,129.00 230,543.00 175,836.00
      Retained Earnings -349,101.00 -233,237.00 -165,562.00 -112,587.00 -66,298.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 39.00 -47.00 0 6.00
   Minority Interest 0 0 0 0 0
Investments 0 48,011.00 24,940.00 0 7,233.00
Debt 15,600.00 5,018.00 5,138.00 0 0
Common Shares Outstanding 0 47,823.23 29,445.13 28,927.13 24,062.78
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Expenses 125,141.00 74,660.00 54,139.00 46,313.00 33,833.00
   Selling, General and Administrative Expenses 27,938.00 19,236.00 14,839.00 13,819.00 12,457.00
   Research and Development Expenses 97,203.00 55,424.00 39,300.00 32,494.00 21,376.00
   Other Operating Expenses 0.00 0.00 0.00 0.00 0.00
Operating Income -125,141.00 -74,660.00 -54,139.00 -46,313.00 -33,833.00
Interest Income 10,773.00 0 0 0 0
Interest Expense 748.00 0.00 0.00 0.00 0.00
Net Interest 10,025.00 6,985.00 1,164.00 24.00 494.00
EBT 0 0 0 0 0
Income Tax 0.00 0.00 0.00 0.00 0.00
Net Income -115,864.00 -67,675.00 -52,975.00 -46,289.00 -33,339.00
Deprecation and Amortization 3,285.00 204.00 955.00 795.00 473.00
EPS -0.00 -0.00 -0.00 0 0
Diluted EPS -0.00 -0.00 -0.00 0 0
Average Shares Outstanding Basic 0 1,168.05 5,942.04 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -88,222.00 -53,549.00 -46,380.00 -34,109.00 -26,770.00
   Operating Net Income -115,864.00 -67,675.00 -52,975.00 -46,289.00 -33,339.00
   Deprecation and Amortization 3,285.00 204.00 955.00 795.00 473.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 19,465.00 11,343.00 6,897.00 5,804.00 4,388.00
   Change in Working Capital -2,336.00 -2,879.00 -3,114.00 3,471.00 -167.00
   Other Operating Activities 7,228.00 5,458.00 1,857.00 2,110.00 1,875.00
Investing Cash Flow 47,289.00 -22,451.00 -27,217.00 5,999.00 -7,981.00
   Capital Expenditure -2,211.00 -687.00 -2,453.00 -1,166.00 -635.00
   Net Purchase/Sale of PPE -2,211.00 -687.00 -2,453.00 -1,166.00 -635.00
   Net Purchase/Sale of Investments Net 49,500.00 -21,764.00 -24,764.00 7,165.00 -7,346.00
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 2,211.00 687.00 2,453.00 1,166.00 635.00
Financing Cash Flow 11,677.00 187,631.00 32,982.00 48,903.00 -24.00
   Net Issuance/Repayment of Debt -897.00 0 0 0 0
   Net Issuance/Repurchase of Equity 12,305.00 187,523.00 32,906.00 48,832.00 -53.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 269.00 108.00 76.00 71.00 29.00
Net Change in Cash -29,276.00 111,631.00 -40,615.00 20,793.00 -34,775.00
   Cash at Beginning of Period 193,238.00 81,607.00 122,222.00 101,429.00 136,204.00
   Cash at End of Period 163,962.00 193,238.00 81,607.00 122,222.00 101,429.00
Free Cash Flow -90,433.00 -54,236.00 -48,833.00 -35,275.00 -27,405.00
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
Assets 189,759.00 224,500.00 165,141.00 185,046.00 204,410.00 217,418.00 240,457.00 253,650.00 173,287.00 184,637.00 103,447.00 116,968.00 91,675.00 102,016.00 113,655.00 126,336.00 122,638.00 106,930.00 107,283.00 114,724.00
   Current Assets 164,561.00 198,407.00 134,596.00 166,675.00 185,515.00 206,256.00 227,480.00 244,490.00 166,178.00 177,572.00 95,734.00 108,834.00 88,175.00 98,745.00 111,439.00 124,541.00 120,852.00 105,015.00 105,756.00 113,535.00
      Cash and Short-Term Investments 159,931.00 194,682.00 131,830.00 163,962.00 183,012.00 203,225.00 223,845.00 241,249.00 164,391.00 176,328.00 93,845.00 106,547.00 85,895.00 96,806.00 109,213.00 122,222.00 119,260.00 102,808.00 102,028.00 108,662.00
            Cash and Cash Equivalents 60,206.00 145,612.00 131,830.00 163,962.00 170,608.00 178,613.00 175,293.00 193,238.00 115,501.00 128,072.00 93,845.00 81,607.00 61,163.00 47,169.00 59,553.00 122,222.00 118,260.00 99,495.00 97,277.00 101,429.00
            Short-Term Investments 99,725.00 49,070.00 0 0 12,404.00 24,612.00 48,552.00 48,011.00 48,890.00 48,256.00 0 24,940.00 24,732.00 49,637.00 49,660.00 0 1,000.00 3,313.00 4,751.00 7,233.00
      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 4,630.00 3,725.00 2,766.00 2,713.00 2,503.00 3,031.00 3,635.00 3,241.00 1,787.00 1,244.00 1,889.00 2,287.00 2,280.00 1,939.00 2,226.00 2,319.00 1,592.00 2,207.00 3,728.00 4,873.00
   Non-Current Assets 25,198.00 26,093.00 30,545.00 18,371.00 18,895.00 11,162.00 12,977.00 9,160.00 7,109.00 7,065.00 7,713.00 8,134.00 3,500.00 3,271.00 2,216.00 1,795.00 1,786.00 1,915.00 1,527.00 1,189.00
      Property, Plant, Equipment Net 5,660.00 6,902.00 8,072.00 9,058.00 16,413.00 8,910.00 10,609.00 7,451.00 6,125.00 6,380.00 7,132.00 7,569.00 2,811.00 2,306.00 1,231.00 1,438.00 1,462.00 1,597.00 1,227.00 890.00
      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 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 0 0
      Other Non-Current Assets 19,538.00 19,191.00 22,473.00 9,313.00 2,482.00 2,252.00 2,368.00 1,709.00 984.00 685.00 581.00 565.00 689.00 965.00 985.00 357.00 324.00 318.00 300.00 299.00
Liabilities 50,293.00 46,019.00 43,588.00 32,711.00 30,169.00 17,899.00 18,737.00 17,452.00 12,364.00 10,496.00 11,796.00 12,448.00 5,801.00 6,486.00 6,935.00 8,380.00 6,023.00 5,601.00 3,969.00 5,180.00
   Current Liabilities 45,735.00 41,540.00 33,989.00 27,086.00 22,882.00 17,899.00 17,972.00 15,994.00 10,616.00 8,482.00 9,305.00 9,489.00 5,801.00 6,486.00 6,935.00 8,380.00 6,023.00 5,601.00 3,969.00 5,180.00
      Payables and Expenses 15,031.00 12,691.00 9,815.00 13,238.00 7,300.00 7,665.00 7,566.00 9,747.00 6,730.00 4,316.00 4,950.00 5,978.00 3,601.00 4,049.00 4,801.00 5,310.00 3,417.00 3,504.00 1,921.00 3,688.00
            Account Payables 8,267.00 7,193.00 6,492.00 4,923.00 2,180.00 4,219.00 5,843.00 4,547.00 3,620.00 2,341.00 3,955.00 2,463.00 1,333.00 2,451.00 3,910.00 2,333.00 1,707.00 2,374.00 1,270.00 1,243.00
            Current Accrued Liabilities 6,764.00 5,498.00 3,323.00 8,315.00 5,120.00 3,446.00 1,723.00 5,200.00 3,110.00 1,975.00 995.00 3,515.00 2,268.00 1,598.00 891.00 2,977.00 1,710.00 1,130.00 651.00 2,445.00
      Short-Term Debt 21,222.00 20,414.00 19,194.00 9,975.00 7,937.00 7,400.00 7,404.00 3,560.00 2,522.00 2,182.00 2,181.00 2,179.00 0 0 0 0 0 0 0 0
      Other Current Liabilities 9,482.00 8,435.00 4,980.00 3,873.00 7,645.00 2,834.00 3,002.00 2,687.00 1,364.00 1,984.00 2,174.00 1,332.00 2,200.00 2,437.00 2,134.00 3,070.00 2,606.00 2,097.00 2,048.00 1,492.00
   Non-Current Liabilities 4,558.00 4,479.00 9,599.00 5,625.00 7,287.00 0.00 765.00 1,458.00 1,748.00 2,014.00 2,491.00 2,959.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
      Long-Term Debt 4,558.00 4,479.00 9,599.00 5,625.00 7,287.00 0 765.00 1,458.00 1,748.00 2,014.00 2,491.00 2,959.00 0 0 0 0 0 0 0 0
      Other Non-Current Liabilities 0.00 0.00 0.00 0.00 0.00 0 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 0 0 0 0
Equity 139,466.00 178,481.00 121,553.00 152,335.00 174,241.00 199,519.00 221,720.00 236,198.00 160,923.00 174,141.00 91,651.00 104,520.00 85,874.00 95,530.00 106,720.00 117,956.00 116,615.00 101,329.00 103,314.00 109,544.00
   Shareholders Equity 139,466.00 178,481.00 121,553.00 152,335.00 174,241.00 199,519.00 221,720.00 236,198.00 160,923.00 174,141.00 91,651.00 104,520.00 85,874.00 95,530.00 106,720.00 117,956.00 116,615.00 101,329.00 103,314.00 109,544.00
      Capital Stock 1.00 1.00 1.00 1.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Share Premium 614,480.00 608,651.00 506,596.00 501,435.00 490,755.00 485,434.00 480,042.00 469,396.00 373,295.00 370,047.00 273,067.00 270,129.00 235,953.00 234,222.00 232,405.00 230,543.00 215,314.00 188,467.00 179,311.00 175,836.00
      Retained Earnings -475,038.00 -430,172.00 -385,044.00 -349,101.00 -316,515.00 -285,886.00 -258,284.00 -233,237.00 -212,351.00 -195,903.00 -181,416.00 -165,562.00 -149,870.00 -138,443.00 -125,533.00 -112,587.00 -98,699.00 -87,139.00 -76,000.00 -66,298.00
      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 23.00 1.00 0 0 1.00 -29.00 -38.00 39.00 -21.00 -3.00 0 -47.00 -209.00 -249.00 -152.00 0 0 1.00 3.00 6.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 99,725.00 49,070.00 0 0 12,404.00 24,612.00 48,552.00 48,011.00 48,890.00 48,256.00 0 24,940.00 24,732.00 49,637.00 49,660.00 0 1,000.00 3,313.00 4,751.00 7,233.00
Debt 25,780.00 24,893.00 28,793.00 15,600.00 15,224.00 7,400.00 8,169.00 5,018.00 4,270.00 4,196.00 4,672.00 5,138.00 0 0 0 0 0 0 0 0
Common Shares Outstanding 96,265.20 91,451.90 0 0 48,850.42 48,291.47 48,249.11 47,823.23 41,660.17 39,793.68 31,340.99 29,445.13 29,013.99 29,013.99 28,977.13 28,927.13 27,731.64 24,972.83 24,256.96 24,062.78
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
Cost Of Revenue 12,997.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 46,588.00 45,906.00 37,136.00 33,785.00 33,046.00 30,279.00 28,031.00 23,146.00 18,668.00 15,890.00 16,956.00 16,302.00 11,778.00 13,060.00 12,999.00 13,893.00 11,563.00 11,145.00 9,712.00
   Selling, General and Administrative Expenses 6,764.00 8,268.00 8,118.00 8,253.00 6,756.00 6,852.00 6,077.00 5,741.00 4,881.00 4,093.00 4,521.00 3,902.00 3,562.00 3,546.00 3,829.00 3,974.00 3,394.00 3,295.00 3,156.00
   Research and Development Expenses 39,824.00 37,638.00 29,018.00 25,532.00 26,290.00 23,427.00 21,954.00 17,405.00 13,787.00 11,797.00 12,435.00 12,400.00 8,216.00 9,514.00 9,170.00 9,919.00 8,169.00 7,850.00 6,556.00
   Other Operating Expenses 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
Operating Income -46,588.00 -45,906.00 -37,136.00 -33,785.00 -33,046.00 -30,279.00 -28,031.00 -23,146.00 -18,668.00 -15,890.00 -16,956.00 -16,302.00 -11,778.00 -13,060.00 -12,999.00 -13,893.00 -11,563.00 -11,145.00 -9,712.00
Interest Income 2,392.00 1,981.00 1,781.00 10,773.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Expense 584.00 571.00 294.00 748.00 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 1,808.00 1,410.00 1,487.00 1,947.00 2,417.00 2,677.00 2,984.00 2,260.00 2,220.00 1,403.00 1,102.00 610.00 351.00 150.00 53.00 5.00 3.00 6.00 10.00
EBT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0.00 0.00 0.00
Net Income -44,866.00 -45,128.00 -35,943.00 -32,586.00 -30,629.00 -27,602.00 -25,047.00 -20,886.00 -16,448.00 -14,487.00 -15,854.00 -15,692.00 -11,427.00 -12,910.00 -12,946.00 -13,888.00 -11,560.00 -11,139.00 -9,702.00
Deprecation and Amortization 200.00 433.00 485.00 2,874.00 61.00 126.00 224.00 -399.00 54.00 197.00 352.00 141.00 479.00 164.00 171.00 89.00 378.00 183.00 145.00
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 0.00 0 0 0
Diluted EPS -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00 0.00 -0.00 -0.00 0 0.00 0 0 0
Average Shares Outstanding Basic 0 0 0 389.35 0 0 1,168.05 541.77 0 0 4,130.44 5,942.04 0 0 0 0.00 0 0 0
Average Shares Outstanding Diluted 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Operating Cash Flow -65,311.00 -30,426.00 -30,802.00 866.00 -44,311.00 -20,789.00 -23,988.00 -3,840.00 -25,212.00 -11,889.00 -12,608.00 678.00 -22,723.00 -11,526.00 -12,809.00 -1,845.00 -17,014.00 -6,580.00 -8,670.00
   Operating Net Income -80,809.00 -45,128.00 -35,943.00 -7,539.00 -55,676.00 -27,602.00 -25,047.00 -5,032.00 -32,302.00 -14,487.00 -15,854.00 -2,746.00 -24,373.00 -12,910.00 -12,946.00 -4,186.00 -21,262.00 -11,139.00 -9,702.00
   Deprecation and Amortization 200.00 433.00 485.00 3,696.00 -61.00 -126.00 -224.00 -399.00 54.00 197.00 352.00 141.00 479.00 164.00 171.00 89.00 378.00 183.00 145.00
   Deferred Income Tax 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0
   Share Based Compensation 10,976.00 5,705.00 5,161.00 1,620.00 9,041.00 5,013.00 3,791.00 571.00 5,489.00 2,803.00 2,480.00 -233.00 3,542.00 1,777.00 1,811.00 291.00 2,818.00 1,385.00 1,310.00
   Change in Working Capital -1,591.00 -1,554.00 405.00 4,098.00 -4,198.00 -1,586.00 -650.00 -3,943.00 1,425.00 -1,897.00 1,536.00 -2,943.00 219.00 -1,567.00 1,177.00 -1,008.00 1,203.00 2,461.00 815.00
   Other Operating Activities 5,913.00 10,118.00 -910.00 -1,009.00 6,583.00 3,512.00 -1,858.00 4,963.00 122.00 1,495.00 -1,122.00 6,459.00 -2,590.00 1,010.00 -3,022.00 2,969.00 -151.00 530.00 -1,238.00
Investing Cash Flow -50,865.00 -49,196.00 -785.00 12,936.00 11,435.00 23,730.00 -812.00 -23,484.00 24,555.00 -48,142.00 24,620.00 49,595.00 -26,003.00 -898.00 -49,911.00 -1,504.00 4,123.00 1,027.00 2,353.00
   Capital Expenditure 0.00 0.00 -785.00 -1,399.00 0.00 0.00 -812.00 -307.00 0.00 0.00 -380.00 -2,306.00 0.00 0.00 -147.00 -1,069.00 0.00 0.00 -97.00
   Net Purchase/Sale of PPE -863.00 -161.00 -785.00 436.00 -1,065.00 -770.00 -812.00 195.00 -445.00 -57.00 -380.00 -169.00 -1,239.00 -898.00 -147.00 -54.00 -627.00 -388.00 -97.00
   Net Purchase/Sale of Investments Net -50,002.00 -49,035.00 0 12,500.00 12,500.00 24,500.00 0 -23,679.00 25,000.00 -48,085.00 25,000.00 49,764.00 -24,764.00 0.00 -49,764.00 -1,450.00 4,750.00 1,415.00 2,450.00
   Net Purchase/Sale of Business 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0
   Net Loan & Lease Activity 0 0 0 0 0
   Other Investing Activities 0.00 0.00 785.00 1,399.00 0.00 0.00 812.00 307.00 0.00 0.00 380.00 2,306.00 0.00 0.00 147.00 1,069.00 0.00 0.00 97.00
Financing Cash Flow -1,358.00 93,373.00 -552.00 -2,483.00 6,926.00 379.00 6,855.00 92,823.00 324.00 94,258.00 226.00 32,840.00 51.00 40.00 51.00 11,463.00 27,504.00 7,771.00 2,165.00
   Net Issuance/Repayment of Debt -1,347.00 -3,002.00 -552.00 -897.00 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0
   Net Issuance/Repurchase of Equity -11.00 93,583.00 0 -1,726.00 6,926.00 250.00 6,855.00 92,747.00 324.00 94,226.00 226.00 32,804.00 51.00 0.00 51.00 11,438.00 27,504.00 7,725.00 2,165.00
   Dividends Paid 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0
   Other Financing Activities 0.00 2,792.00 0.00 140.00 0.00 129.00 0.00 76.00 0.00 32.00 0.00 36.00 0.00 40.00 0.00 25.00 0.00 46.00 0.00
Net Change in Cash -117,538.00 13,782.00 -32,132.00 11,299.00 -25,950.00 3,320.00 -17,945.00 65,499.00 -333.00 34,227.00 12,238.00 83,113.00 -48,675.00 -12,384.00 -62,669.00 8,114.00 14,613.00 2,218.00 -4,152.00
   Cash at Beginning of Period 177,744.00 131,830.00 163,962.00 152,663.00 196,558.00 175,293.00 193,238.00 127,739.00 115,834.00 93,845.00 81,607.00 -1,506.00 109,838.00 59,553.00 122,222.00 114,108.00 103,647.00 97,277.00 101,429.00
   Cash at End of Period 60,206.00 145,612.00 131,830.00 163,962.00 170,608.00 178,613.00 175,293.00 193,238.00 115,501.00 128,072.00 93,845.00 81,607.00 61,163.00 47,169.00 59,553.00 122,222.00 118,260.00 99,495.00 97,277.00
Free Cash Flow 0.00 0.00 -31,587.00 -65,633.00 0.00 0.00 -24,800.00 -41,248.00 0.00 0.00 -12,988.00 -35,877.00 0.00 0.00 -12,956.00 -26,508.00 0.00 0.00 -8,767.00