Valuation Ratios

Breakdown 2024-12-31
Price to Earnings -0.47
Price to Sales 37.55
Book Value Per Common Share 3.13
Price to Book 1.67
Price to Operating Cash Flow -0.54
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
Price to Earnings -1.69 -1.17 -6.45 -0.01
Price to Sales 21.47 12.41 89.49
Book Value Per Common Share 1.25 1.98 2.56 3.13 -316.08
Price to Book 2.40 0.73 1.56 1.67 0.00
Price to Operating Cash Flow -1.89 -1.19 -5.64 -0.01
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY
Revenue YoY 33.76 161.67
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31
Cash Per Common Share 13.65
Quick Ratio
Current Ratio 6.92
Debt to Equity 0.24
Long-Term Debt to Equity 0.09
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 3.34 1.94 2.45 3.18 5.02
Quick Ratio 0.30
Current Ratio 9.83 5.60 8.02 6.92 0.47
Debt to Equity 0.47 0.28 0.22 0.24 5.74
Long-Term Debt to Equity 0.34 0.10 0.09 0.09 2.01

Profitability

Breakdown 2024-12-31
ROA -66.14
ROE -82.02
Gross Margin
Operating Margin -7943.40
EBITDA Margin -7683.28
Net Profit Margin -7943.40
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA -46.44 -48.80 -19.81 -180.27
ROE -68.38 -62.57 -24.11 -1214.12
Gross Margin
Operating Margin -1273.62 -1062.42 -1381.44
EBITDA Margin -1187.59 -985.77 -1281.89
Net Profit Margin -1273.62 -1062.42 -1381.44

Dividends

Breakdown 2024-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31
Assets 78,307.00
   Current Assets 66,383.00
      Cash and Short-Term Investments 64,039.00
            Cash and Cash Equivalents 64,039.00
            Short-Term Investments 0
      Net Receivables 0
      Inventory 0
      Other Current Assets 2,344.00
   Non-Current Assets 11,924.00
      Property, Plant, Equipment Net 15,873.00
      Goodwill 0
      Intangible Assets 0
      Long-Term Investments 0
      Non-Current Deferred Assets 0
      Other Non-Current Assets -3,949.00
Liabilities 15,163.00
   Current Liabilities 9,598.00
      Payables and Expenses 6,043.00
            Account Payables 1,210.00
            Current Accrued Liabilities 4,833.00
      Short-Term Debt 6,085.00
      Other Current Liabilities -2,530.00
   Non-Current Liabilities 5,565.00
      Long-Term Debt 11,063.00
      Other Non-Current Liabilities -5,498.00
Equity 63,144.00
   Shareholders Equity 63,144.00
      Capital Stock 2.00
      Share Premium 274,895.00
      Retained Earnings -211,753.00
      Treasury Shares 0
      Accumulated Other Comprehensive Income 0
   Minority Interest 0
Debt 17,148.00
Common Shares Outstanding 20,145.13
Breakdown 2024-12-31
Revenues 652.00
Operating Expenses 53,740.00
   Selling, General and Administrative Expenses 15,023.00
   Research and Development Expenses 39,117.00
   Other Operating Expenses -400.00
Operating Income -53,088.00
Net Non-Operating Income 1,297.00
Interest Expense 0.00
Net Interest 1,330.00
EBT -51,791.00
Income Tax 0.00
Net Income -51,791.00
EBIT -51,791.00
Deprecation and Amortization 1,696.00
EBITDA -50,095.00
EPS -0.01
Diluted EPS -0.01
Average Shares Outstanding Basic 4,690.09
Average Shares Outstanding Diluted 4,690.09
Breakdown 2024-12-31
Operating Cash Flow -45,562.00
   Operating Net Income -155,373.00
   Deprecation and Amortization 1,696.00
   Deferred Income Tax 0
   Share Based Compensation 4,032.00
   Change in Working Capital 1,264.00
   Other Operating Activities 102,819.00
Investing Cash Flow -441.00
   Capital Expenditure 0.00
   Net Purchase/Sale of PPE 441.00
   Net Purchase/Sale of Investments Net 0
   Net Purchase/Sale of Business 0
   Other Investing Activities -882.00
Financing Cash Flow 71,662.00
   Net Issuance/Repayment of Debt 364.00
   Net Issuance/Repurchase of Equity 76,466.00
   Dividends Paid 0
   Other Financing Activities -5,168.00
Net Change in Cash 25,659.00
   Cash at Beginning of Period 40,004.00
   Cash at End of Period 65,663.00
Free Cash Flow 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 86,395.00 51,275.00 62,773.00 78,307.00 21,364.00
   Current Assets 77,708.00 41,086.00 51,675.00 66,383.00 5,504.00
      Cash and Short-Term Investments 75,255.00 39,052.00 49,323.00 64,039.00 2,528.00
            Cash and Cash Equivalents 75,255.00 39,052.00 49,323.00 64,039.00 2,528.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 0 0 0 0 1,000.00
      Inventory 0 0 0 0 0
      Other Current Assets 2,453.00 2,034.00 2,352.00 2,344.00 1,976.00
   Non-Current Assets 8,687.00 10,189.00 11,098.00 11,924.00 15,860.00
      Property, Plant, Equipment Net 6,973.00 8,468.00 9,143.00 15,873.00 16,810.00
      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 1,714.00 1,721.00 1,955.00 -3,949.00 -950.00
Liabilities 27,728.00 11,288.00 11,201.00 15,163.00 18,192.00
   Current Liabilities 7,903.00 7,335.00 6,441.00 9,598.00 11,829.00
      Payables and Expenses 4,650.00 4,065.00 3,236.00 6,043.00 7,550.00
            Account Payables 585.00 1,195.00 1,398.00 1,210.00 3,873.00
            Current Accrued Liabilities 4,065.00 2,870.00 1,838.00 4,833.00 3,677.00
      Short-Term Debt 3,253.00 3,173.00 3,113.00 6,085.00 6,089.00
      Other Current Liabilities 0.00 97.00 92.00 -2,530.00 -1,810.00
   Non-Current Liabilities 19,825.00 3,953.00 4,760.00 5,565.00 6,363.00
      Long-Term Debt 3,093.00 3,951.00 4,758.00 11,063.00 12,561.00
      Other Non-Current Liabilities 16,732.00 2.00 2.00 -5,498.00 -6,198.00
Equity 58,667.00 39,987.00 51,572.00 63,144.00 3,172.00
   Shareholders Equity 58,667.00 39,987.00 51,572.00 63,144.00 -317,950.00
      Capital Stock 5.00 2.00 2.00 2.00 2.00
      Share Premium 310,534.00 276,758.00 275,756.00 274,895.00 39,497.00
      Retained Earnings -251,872.00 -236,773.00 -224,186.00 -211,753.00 -198,474.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0
   Minority Interest 0 0 0 0 0
Debt 6,346.00 7,124.00 7,871.00 17,148.00 18,650.00
Net Debt 0 0 0 0 16,122.00
Common Shares Outstanding 46,880.18 20,161.07 20,156.80 20,145.13 1,005.93
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30
Revenues 3,150.00 2,355.00 900.00 0
Operating Expenses 42,929.00 28,483.00 13,958.00 39,054.00
   Selling, General and Administrative Expenses 12,690.00 8,094.00 3,912.00 10,333.00
   Research and Development Expenses 30,045.00 20,589.00 10,246.00 29,021.00
   Other Operating Expenses 194.00 -200.00 -200.00 -300.00
Operating Income -39,779.00 -26,128.00 -13,100.00 -39,054.00
Net Non-Operating Income -340.00 1,108.00 667.00 542.00
Interest Expense 0.00 0.00 0.00 0.00
Net Interest 1,464.00 1,041.00 588.00 720.00
EBT -40,119.00 -25,020.00 -12,433.00 -38,512.00
Income Tax 0.00 0.00 0.00 0.00
Net Income -40,119.00 -25,020.00 -12,433.00 -38,512.00
EBIT -40,119.00 -25,020.00 -12,433.00 -38,512.00
Deprecation and Amortization 2,710.00 1,805.00 896.00 1,278.00
EBITDA -37,409.00 -23,215.00 -11,537.00 -37,234.00
EPS -0.00 -0.00 -0.00 -0.08
Diluted EPS -0.00 -0.00 -0.00 -0.08
Average Shares Outstanding Basic 22,554.43 20,155.16 20,152.87 503.45
Average Shares Outstanding Diluted 22,554.43 20,155.16 20,152.87 503.45
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30
Operating Cash Flow -35,846.00 -24,629.00 -14,286.00 -34,274.00
   Operating Net Income -40,119.00 -25,020.00 -37,299.00 -38,512.00
   Deprecation and Amortization 2,710.00 1,805.00 896.00 1,278.00
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 2,847.00 1,863.00 861.00 3,235.00
   Change in Working Capital -837.00 -710.00 -203.00 1,367.00
   Other Operating Activities -447.00 -2,567.00 21,459.00 -1,642.00
Investing Cash Flow -243.00 -279.00 -279.00 -178.00
   Capital Expenditure 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 315.00 279.00 279.00 178.00
   Net Purchase/Sale of Investments Net 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities -558.00 -558.00 -558.00 -356.00
Financing Cash Flow 47,305.00 -79.00 -151.00 -1,400.00
   Net Issuance/Repayment of Debt 93.00 79.00 36.00 268.00
   Net Issuance/Repurchase of Equity 32,565.00 0 0 33.00
   Dividends Paid 0 0 0 0
   Other Financing Activities 14,647.00 -158.00 -187.00 -1,701.00
Net Change in Cash 11,216.00 -24,987.00 -14,716.00 -35,852.00
   Cash at Beginning of Period 65,663.00 65,663.00 65,663.00 40,004.00
   Cash at End of Period 76,879.00 40,676.00 50,947.00 4,152.00
Free Cash Flow 0 0 0 0