Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -4.99 -1.12
Price to Sales
Book Value Per Common Share 1.42 0.44 1.65 2.24
Price to Book 6.13 3.36
Price to Operating Cash Flow -10.17 -1.24
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
Price to Earnings -30.00 101.20 37.67 -5.13 -6.02 -5.64
Price to Sales
Book Value Per Common Share 1.46 1.64 1.52 1.42 -0.47 -0.32 0.20 0.44 0.80 1.06 1.37 1.65 1.80 2.08 2.22 2.24 2.20 -3.68
Price to Book 3.49 3.08 3.73 6.13 -14.59 -19.31 7.76 3.36
Price to Operating Cash Flow -9.62 -14.74 -33.10 -9.92 -12.51 -5.47
Price to Free Cash Flow
Enterprise Value to EBITDA 768915.55 350867.87

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY 0.00
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 2021-09-30 2021-06-30
Earning YoY -66.67 149900.00
Revenue YoY 49.21 103.23 -67.02 49.21
EBITDA YoY -54.45 -64.96
Net Profit YoY -65.00 -70.01

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 3.24 1.22 2.43 2.88
Quick Ratio
Current Ratio 2.77 2.59 12.81 15.84
Debt to Equity 0.61 2.23 0.63 0.39
Long-Term Debt to Equity 0.05 1.12 0.51 0.31
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
Cash Per Common Share 1.66 1.97 1.83 2.19 0.55 0.73 0.88 1.22 1.49 1.79 2.05 2.42 2.68 3.02 3.29 2.88 3.08 2.07
Quick Ratio
Current Ratio 8.25 7.04 4.64 2.77 1.18 1.62 2.00 2.59 4.37 6.54 11.82 12.81 13.41 14.86 17.48 15.84 20.68 5.44
Debt to Equity 0.17 0.17 0.28 0.61 -2.41 -3.66 4.22 2.23 1.17 0.91 0.70 0.63 0.63 0.55 0.59 0.39 0.52 4.22
Long-Term Debt to Equity 0.03 0.01 0.02 0.05 -1.41 -2.25 1.96 1.12 0.73 0.64 0.56 0.51 0.52 0.46 0.51 0.31 0.45 3.46

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -51.63 -92.08 -24.19 -40.50
ROE -83.19 -297.68 -39.39 -56.32
Gross Margin
Operating Margin -15035.20 -28899.20
EBITDA Margin -14412.80 -28713.60
Net Profit Margin -15035.20 -28899.20
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
ROA -9.28 2.44 7.69 -191.03 -115.00 -26.34 -53.62 -31.36 -13.08 -16.13 -5.38 -0.86 -39.31 -70.12
ROE -10.84 2.86 9.88 269.41 305.44 -137.50 -116.60 -59.83 -22.18 -26.30 -8.36 -1.37 -59.89 -366.32
Gross Margin
Operating Margin -14586.17 -7973.02 -2819.35 -40127.66 -34219.05
EBITDA Margin -13993.62 -7414.29 -2287.10 -40070.21 -34166.67
Net Profit Margin -14586.17 -7973.02 -2819.35 -40127.66 -34219.05

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 106,866.00 41,201.00 77,691.00 89,205.00
   Current Assets 103,804.00 36,797.00 71,945.00 84,945.00
      Cash and Short-Term Investments 102,654.00 35,413.00 70,058.00 82,642.00
            Cash and Cash Equivalents 102,654.00 35,413.00 70,058.00 82,642.00
            Short-Term Investments 0 0 0 0
      Net Receivables 0 0 0 0
      Inventory 0 0 0 0
      Other Current Assets 1,150.00 1,384.00 1,887.00 2,303.00
   Non-Current Assets 3,062.00 4,404.00 5,746.00 4,260.00
      Property, Plant, Equipment Net 2,733.00 4,022.00 5,480.00 3,836.00
      Goodwill 0 0 0 0
      Intangible Assets 0 0 0 0
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 34.00
      Other Non-Current Assets 329.00 382.00 266.00 390.00
Liabilities 40,539.00 28,456.00 29,977.00 25,068.00
   Current Liabilities 37,529.00 14,184.00 5,615.00 5,362.00
      Payables and Expenses 5,350.00 4,778.00 5,103.00 5,028.00
            Account Payables 237.00 422.00 380.00 1,590.00
            Current Accrued Liabilities 5,113.00 4,356.00 4,723.00 3,438.00
      Short-Term Debt 10,461.00 9,406.00 464.00 0
      Other Current Liabilities 21,718.00 0.00 48.00 334.00
   Non-Current Liabilities 3,010.00 14,272.00 24,362.00 19,706.00
      Long-Term Debt 3,010.00 13,356.00 22,336.00 0
      Other Non-Current Liabilities 0.00 916.00 2,026.00 0
Equity 66,327.00 12,745.00 47,714.00 64,137.00
   Shareholders Equity 66,327.00 12,745.00 47,714.00 64,137.00
      Capital Stock 469.00 290.00 290.00 286.00
      Share Premium 258,511.00 149,931.00 146,961.00 144,146.00
      Retained Earnings -192,205.00 -137,028.00 -99,089.00 -80,295.00
      Treasury Shares 448.00 448.00 448.00 0
      Accumulated Other Comprehensive Income 0 0 0 0
   Minority Interest 0 0 0 0
Debt 13,471.00 22,762.00 22,800.00 560.00
Common Shares Outstanding 46,810.48 29,091.02 28,919.81 28,689.84
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 0 0 125.00 125.00
Operating Expenses 33,371.00 38,391.00 34,847.00 25,851.00
   Selling, General and Administrative Expenses 14,057.00 13,885.00 14,060.00 10,673.00
   Research and Development Expenses 19,314.00 24,506.00 20,787.00 15,178.00
   Other Operating Expenses 0.00 0.00 0.00 0.00
Operating Income -33,371.00 -38,391.00 -34,722.00 -25,726.00
Net Non-Operating Income -21,806.00 452.00 15,928.00 -10,398.00
Interest Income 0 4,676.00 0 0
Interest Expense 2,090.00 2,595.00 0.00 0.00
Net Interest 0 2,081.00 0 0
EBT -55,177.00 -37,939.00 -18,794.00 -36,124.00
Income Tax 0.00 0.00 0.00 0.00
Net Income -55,177.00 -37,939.00 -18,794.00 -36,124.00
EBIT -53,087.00 -35,344.00 -18,794.00 -36,124.00
Deprecation and Amortization 990.00 960.00 778.00 232.00
EBITDA -52,097.00 -34,384.00 -18,016.00 -35,892.00
EPS -0.00 -0.00 -0.00 0
Diluted EPS -0.00 -0.00 -0.00 0
Average Shares Outstanding Basic 31,675.08 28,935.29 28,823.48 0
Average Shares Outstanding Diluted 31,675.08 28,935.29 28,823.48 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -27,023.00 -34,244.00 -31,419.00 -22,218.00
   Operating Net Income -55,177.00 -37,939.00 -18,794.00 -36,124.00
   Deprecation and Amortization 990.00 960.00 778.00 232.00
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 5,312.00 3,091.00 2,307.00 2,963.00
   Change in Working Capital -228.00 -1,299.00 -761.00 2,968.00
   Other Operating Activities 22,080.00 943.00 -14,949.00 7,743.00
Investing Cash Flow -16.00 -280.00 -1,297.00 -1,835.00
   Capital Expenditure 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 16.00 634.00 1,297.00 1,835.00
   Net Purchase/Sale of Investments Net 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities -32.00 -914.00 -2,594.00 -3,670.00
Financing Cash Flow 94,280.00 -121.00 19,974.00 71,800.00
   Net Issuance/Repayment of Debt 0 0 19,910.00 0
   Net Issuance/Repurchase of Equity 17,519.00 0 64.00 71,800.00
   Dividends Paid 0 0 0 0
   Other Financing Activities 76,761.00 -121.00 0.00 0.00
Net Change in Cash 67,241.00 -34,645.00 -12,742.00 47,747.00
   Cash at Beginning of Period 35,679.00 70,324.00 83,066.00 35,319.00
   Cash at End of Period 102,920.00 35,679.00 70,324.00 83,066.00
Free Cash Flow 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
Assets 93,598.00 105,968.00 95,905.00 106,866.00 21,517.00 26,485.00 31,217.00 41,201.00 50,061.00 58,708.00 67,238.00 77,691.00 85,007.00 93,301.00 101,562.00 89,205.00 95,960.00 30,744.00
   Current Assets 90,134.00 103,608.00 93,148.00 103,804.00 18,085.00 22,735.00 27,136.00 36,797.00 45,101.00 53,362.00 61,875.00 71,945.00 79,070.00 87,326.00 95,646.00 84,945.00 90,950.00 24,426.00
      Cash and Short-Term Investments 86,963.00 100,687.00 92,165.00 102,654.00 16,558.00 21,454.00 25,713.00 35,413.00 42,983.00 51,894.00 59,258.00 70,058.00 77,183.00 86,782.00 94,321.00 82,642.00 88,385.00 24,316.00
            Cash and Cash Equivalents 86,963.00 100,687.00 92,165.00 102,654.00 16,558.00 21,454.00 25,713.00 35,413.00 42,983.00 51,894.00 59,258.00 70,058.00 77,183.00 86,782.00 94,321.00 82,642.00 88,385.00 24,316.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 0 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
      Other Current Assets 3,171.00 2,921.00 983.00 1,150.00 1,527.00 1,281.00 1,423.00 1,384.00 2,118.00 1,468.00 2,617.00 1,887.00 1,887.00 544.00 1,325.00 2,303.00 2,565.00 110.00
   Non-Current Assets 3,464.00 2,360.00 2,757.00 3,062.00 3,432.00 3,750.00 4,081.00 4,404.00 4,960.00 5,346.00 5,363.00 5,746.00 5,937.00 5,975.00 5,916.00 4,260.00 5,010.00 6,318.00
      Property, Plant, Equipment Net 3,113.00 2,049.00 2,433.00 2,733.00 3,091.00 3,403.00 3,713.00 4,022.00 4,555.00 4,921.00 5,097.00 5,480.00 5,671.00 5,709.00 5,479.00 3,836.00 4,587.00 4,606.00
      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 34.00 0 0
      Other Non-Current Assets 351.00 311.00 324.00 329.00 341.00 347.00 368.00 382.00 405.00 425.00 266.00 266.00 266.00 266.00 437.00 390.00 423.00 1,712.00
Liabilities 13,474.00 15,758.00 21,230.00 40,539.00 36,774.00 36,457.00 25,238.00 28,456.00 27,039.00 27,937.00 27,586.00 29,977.00 32,880.00 33,229.00 37,800.00 25,068.00 32,973.00 24,859.00
   Current Liabilities 10,929.00 14,715.00 20,069.00 37,529.00 15,268.00 13,996.00 13,537.00 14,184.00 10,327.00 8,163.00 5,236.00 5,615.00 5,898.00 5,878.00 5,472.00 5,362.00 4,397.00 4,494.00
      Payables and Expenses 6,267.00 6,271.00 3,480.00 5,350.00 4,865.00 3,648.00 3,244.00 4,778.00 3,679.00 3,975.00 3,459.00 5,103.00 5,415.00 5,375.00 4,949.00 5,028.00 4,168.00 4,270.00
            Account Payables 1,118.00 1,953.00 760.00 237.00 296.00 433.00 472.00 422.00 250.00 480.00 592.00 380.00 970.00 1,584.00 1,386.00 1,590.00 925.00 759.00
            Current Accrued Liabilities 5,149.00 4,318.00 2,720.00 5,113.00 4,569.00 3,215.00 2,772.00 4,356.00 3,429.00 3,495.00 2,867.00 4,723.00 4,445.00 3,791.00 3,563.00 3,438.00 3,243.00 3,511.00
      Short-Term Debt 4,662.00 7,298.00 9,752.00 10,461.00 10,403.00 10,348.00 10,293.00 9,406.00 6,600.00 4,140.00 1,729.00 464.00 452.00 440.00 429.00 0 0 0
      Other Current Liabilities 0.00 1,146.00 6,837.00 21,718.00 0.00 0.00 0.00 0.00 48.00 48.00 48.00 48.00 31.00 63.00 94.00 334.00 229.00 224.00
   Non-Current Liabilities 2,545.00 1,043.00 1,161.00 3,010.00 21,506.00 22,461.00 11,701.00 14,272.00 16,712.00 19,774.00 22,350.00 24,362.00 26,982.00 27,351.00 32,328.00 19,706.00 28,576.00 20,365.00
      Long-Term Debt 2,545.00 1,043.00 1,161.00 3,010.00 5,620.00 8,213.00 10,792.00 13,356.00 16,171.00 18,640.00 21,060.00 22,336.00 22,356.00 22,355.00 22,363.00 0 0 0
      Other Non-Current Liabilities 0.00 0.00 0.00 0.00 15,886.00 14,248.00 909.00 916.00 541.00 1,134.00 1,290.00 2,026.00 4,626.00 4,996.00 9,965.00 0 0 0
Equity 80,124.00 90,210.00 74,675.00 66,327.00 -15,257.00 -9,972.00 5,979.00 12,745.00 23,022.00 30,771.00 39,652.00 47,714.00 52,127.00 60,072.00 63,762.00 64,137.00 62,987.00 5,885.00
   Shareholders Equity 80,124.00 90,210.00 74,675.00 66,327.00 -15,257.00 -9,972.00 5,979.00 12,745.00 23,022.00 30,771.00 39,652.00 47,714.00 52,127.00 60,072.00 63,762.00 64,137.00 62,987.00 -43,175.00
      Capital Stock 550.00 549.00 493.00 469.00 322.00 303.00 292.00 290.00 290.00 290.00 290.00 290.00 290.00 290.00 287.00 286.00 286.00 117.00
      Share Premium 280,913.00 279,731.00 259,456.00 258,511.00 163,001.00 157,659.00 151,384.00 149,931.00 149,113.00 148,427.00 147,694.00 146,961.00 146,291.00 145,548.00 144,644.00 144,146.00 144,592.00 22,437.00
      Retained Earnings -200,891.00 -189,622.00 -184,826.00 -192,205.00 -178,132.00 -167,486.00 -145,249.00 -137,028.00 -125,933.00 -117,498.00 -107,884.00 -99,089.00 -94,006.00 -85,318.00 -81,169.00 -80,295.00 -81,891.00 -65,729.00
      Treasury Shares 448.00 448.00 448.00 448.00 448.00 448.00 448.00 448.00 448.00 448.00 448.00 448.00 448.00 448.00 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 7,207.00 8,341.00 10,913.00 13,471.00 16,023.00 18,561.00 21,085.00 22,762.00 22,771.00 22,780.00 22,789.00 22,800.00 22,808.00 22,795.00 22,792.00 560.00 541.00 521.00
Common Shares Outstanding 54,895.85 54,889.63 49,247.14 46,810.48 32,125.14 31,064.21 29,347.47 29,091.02 28,919.81 28,919.81 28,919.81 28,919.81 28,891.91 28,891.91 28,693.15 28,689.84 28,689.84 11,731.89
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 2021-09-30 2021-06-30
Revenues 0 0 0 0 0 0 0 0 0 0 0 -63.00 94.00 63.00 31.00 94.00 63.00
Operating Expenses 32,514.00 19,307.00 8,130.00 -16,234.00 25,230.00 16,473.00 7,902.00 -18,527.00 28,073.00 19,212.00 9,633.00 -18,687.00 26,715.00 17,802.00 9,017.00 18,080.00 10,020.00
   Selling, General and Administrative Expenses 13,046.00 8,300.00 4,114.00 -7,868.00 10,733.00 7,392.00 3,800.00 -8,913.00 10,825.00 7,809.00 4,164.00 -7,804.00 10,900.00 7,364.00 3,600.00 6,756.00 3,972.00
   Research and Development Expenses 19,468.00 11,007.00 4,016.00 -8,366.00 14,497.00 9,081.00 4,102.00 -9,614.00 17,248.00 11,403.00 5,469.00 -10,883.00 15,815.00 10,438.00 5,417.00 11,324.00 6,048.00
   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
Operating Income -32,514.00 -19,307.00 -8,130.00 16,234.00 -25,230.00 -16,473.00 -7,902.00 18,527.00 -28,073.00 -19,212.00 -9,633.00 18,624.00 -26,621.00 -17,739.00 -8,986.00 -17,986.00 -9,957.00
Net Non-Operating Income 23,828.00 21,890.00 15,509.00 8,372.00 -15,874.00 -13,985.00 -319.00 -2,418.00 1,229.00 803.00 838.00 -17,810.00 12,910.00 12,716.00 8,112.00 -19,734.00 -11,601.00
Interest Income 0 0 0 0 0 1,773.00 966.00 -1,329.00 3,588.00 2,417.00 0 0 0 0 0 0 0
Interest Expense 703.00 542.00 306.00 -1,469.00 1,700.00 1,213.00 646.00 -580.00 1,922.00 1,253.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Interest 0 0 0 0 0 560.00 320.00 -851.00 1,666.00 1,164.00 102.00 0 0 0 0 0 0
EBT -8,686.00 2,583.00 7,379.00 24,606.00 -41,104.00 -30,458.00 -8,221.00 16,109.00 -26,844.00 -18,409.00 -8,795.00 814.00 -13,711.00 -5,023.00 -874.00 -37,720.00 -21,558.00
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
Net Income -8,686.00 2,583.00 7,379.00 24,606.00 -41,104.00 -30,458.00 -8,221.00 16,109.00 -26,844.00 -18,409.00 -8,795.00 814.00 -13,711.00 -5,023.00 -874.00 -37,720.00 -21,558.00
EBIT -7,983.00 3,125.00 7,685.00 23,137.00 -39,404.00 -29,245.00 -7,575.00 15,529.00 -24,922.00 -17,156.00 -8,795.00 814.00 -13,711.00 -5,023.00 -874.00 -37,720.00 -21,558.00
Deprecation and Amortization 682.00 487.00 245.00 -506.00 745.00 500.00 251.00 -447.00 711.00 466.00 230.00 -296.00 557.00 352.00 165.00 54.00 33.00
EBITDA -7,301.00 3,612.00 7,930.00 22,631.00 -38,659.00 -28,745.00 -7,324.00 15,082.00 -24,211.00 -16,690.00 -8,565.00 518.00 -13,154.00 -4,671.00 -709.00 -37,666.00 -21,525.00
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 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 0
Average Shares Outstanding Basic 52,305.01 50,988.89 50,482.28 37,595.76 30,369.13 29,537.87 29,197.54 28,981.73 28,919.81 28,919.81 28,919.81 57,745.21 28,798.28 28,750.43 0 0 0
Average Shares Outstanding Diluted 52,305.01 53,369.58 54,765.84 37,595.76 30,369.13 29,537.87 29,197.54 28,981.73 28,919.81 28,919.81 28,919.81 57,745.21 28,798.28 28,750.43 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 2021-09-30 2021-06-30
Operating Cash Flow -27,743.00 -17,507.00 -8,616.00 17,260.00 -21,209.00 -14,636.00 -8,438.00 21,411.00 -26,822.00 -18,014.00 -10,819.00 16,318.00 -24,534.00 -15,150.00 -8,053.00 -16,980.00 -10,086.00
   Operating Net Income -8,686.00 2,583.00 7,379.00 24,606.00 -41,104.00 -30,458.00 -8,221.00 16,109.00 -26,844.00 -18,409.00 -8,795.00 814.00 -13,711.00 -5,023.00 -874.00 -37,720.00 -21,558.00
   Deprecation and Amortization 682.00 487.00 245.00 -506.00 745.00 500.00 251.00 -447.00 711.00 466.00 230.00 -296.00 557.00 352.00 165.00 54.00 33.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 2,527.00 1,364.00 314.00 -2,683.00 4,068.00 2,884.00 1,043.00 -1,260.00 2,152.00 1,466.00 733.00 -788.00 1,673.00 930.00 492.00 3,409.00 1,500.00
   Change in Working Capital 2,062.00 1,748.00 -2,169.00 3,114.00 -193.00 -1,517.00 -1,632.00 2,704.00 -1,384.00 -1,584.00 -1,035.00 3,475.00 -692.00 -1,933.00 -1,611.00 1,877.00 -944.00
   Other Operating Activities -24,328.00 -23,689.00 -14,385.00 -7,271.00 15,275.00 13,955.00 121.00 4,305.00 -1,457.00 47.00 -1,952.00 13,113.00 -12,361.00 -9,476.00 -6,225.00 15,400.00 10,883.00
Investing Cash Flow -151.00 -34.00 -3.00 17.00 -13.00 -13.00 -7.00 104.00 -253.00 -150.00 19.00 701.00 -1,021.00 -806.00 -171.00 -1,331.00 -939.00
   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
   Net Purchase/Sale of PPE 205.00 34.00 3.00 -17.00 13.00 13.00 7.00 -692.00 567.00 464.00 295.00 -701.00 1,021.00 806.00 171.00 1,331.00 939.00
   Net Purchase/Sale of Investments Net 0 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 0
   Other Investing Activities -356.00 -68.00 -6.00 34.00 -26.00 -26.00 -14.00 796.00 -820.00 -614.00 -276.00 1,402.00 -2,042.00 -1,612.00 -342.00 -2,662.00 -1,878.00
Financing Cash Flow 12,203.00 15,574.00 -1,870.00 92,478.00 2,367.00 690.00 -1,255.00 -121.00 0 0 0 -39,818.00 19,938.00 19,938.00 19,916.00 71,800.00 445.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0 0 0 0 -39,820.00 19,910.00 19,910.00 19,910.00 0 0
   Net Issuance/Repurchase of Equity 5,550.00 5,530.00 630.00 3,216.00 9,034.00 4,857.00 412.00 0 0 0 0 2.00 28.00 28.00 6.00 71,800.00 445.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities 6,653.00 10,044.00 -2,500.00 89,262.00 -6,667.00 -4,167.00 -1,667.00 -121.00 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00
Net Change in Cash -15,691.00 -1,967.00 -10,489.00 109,755.00 -18,855.00 -13,959.00 -9,700.00 21,394.00 -27,075.00 -18,164.00 -10,800.00 -22,799.00 -5,617.00 3,982.00 11,692.00 53,489.00 -10,580.00
   Cash at Beginning of Period 102,920.00 102,920.00 102,920.00 -6,835.00 35,679.00 35,679.00 35,679.00 14,285.00 70,324.00 70,324.00 70,324.00 93,123.00 83,066.00 83,066.00 83,066.00 35,319.00 35,319.00
   Cash at End of Period 87,229.00 100,953.00 92,431.00 102,920.00 16,824.00 21,720.00 25,979.00 35,679.00 43,249.00 52,160.00 59,524.00 70,324.00 77,449.00 87,048.00 94,758.00 88,808.00 24,739.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0