Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -21.97 -7.54 -12.46
Price to Sales 13.24 6.97 9.97 16.29 21.12
Book Value Per Common Share 0.92 0.86 1.50 2.06 0.14
Price to Book 16.73 7.91 5.64 5.44 113.99
Price to Operating Cash Flow -46.45 -12.18 -12.67 -20.91 -34.69
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 -34.59 -28.43 -54.05 -22.42 -16.84 -42.50 -7.06 -13.92 -36.70 -20.72 -37.29 -61.24
Price to Sales 23.08 18.88 38.84 12.74 9.20 22.66 7.19 15.64 38.19 16.21 30.41 49.01 33.76 57.26 108.47
Book Value Per Common Share 0.56 0.69 0.71 0.92 1.05 1.16 1.26 0.86 0.98 1.11 1.33 1.50 1.63 1.75 1.93 2.06 1.93 2.15 2.13 0.14
Price to Book 39.02 17.19 16.65 16.73 10.66 4.63 5.39 7.91 5.12 6.50 6.37 5.64 6.37 7.46 5.40 5.44 9.19 8.88 9.94 113.99
Price to Operating Cash Flow -51.76 -38.31 -53.39 -39.05 -21.91 -45.06 -9.82 -16.55 -36.52 -19.02 -33.63 -57.74 -44.36 -72.86 -205.04
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 31.04 16.56 26.09 27.05
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 50.06 108.60 52.41 102.87 50.62 109.52 50.30 103.36 61.45 84.69
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 0.74 0.94 1.55 2.29 1.18
Quick Ratio 2.40 3.55 5.92 11.88 6.87
Current Ratio 3.22 4.87 7.54 13.02 7.96
Debt to Equity 0.54 1.01 0.50 0.34 11.42
Long-Term Debt to Equity 0.14 0.66 0.32 0.25 10.07
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 1.36 1.48 0.45 0.73 0.80 1.24 1.39 0.94 0.99 1.08 1.29 1.53 1.68 1.89 2.10 2.29 2.52 2.76 3.14 1.18
Quick Ratio 5.24 6.19 2.34 2.40 3.37 2.18 2.50 3.55 4.79 4.72 5.68 5.92 7.20 8.84 13.06 11.88 13.12 14.58 21.42 6.87
Current Ratio 6.37 7.30 3.53 3.22 4.54 2.79 3.14 4.87 6.68 6.56 7.60 7.54 8.83 10.33 14.60 13.02 14.17 15.62 22.55 7.96
Debt to Equity 2.80 2.18 0.50 0.54 0.39 0.64 0.55 1.01 0.82 0.74 0.54 0.50 0.45 0.41 0.35 0.34 0.56 0.51 0.69 11.42
Long-Term Debt to Equity 2.29 1.81 0.16 0.14 0.13 0.12 0.11 0.66 0.59 0.51 0.36 0.32 0.30 0.28 0.26 0.25 0.45 0.42 0.62 10.07

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -48.26 -51.78 -29.62 -21.97 -22.98
ROE -74.50 -104.33 -44.56 -29.54 -285.32
Gross Margin 60.92 56.83 65.84 69.27 71.09
Operating Margin
EBITDA Margin
Net Profit Margin -60.25 -92.21 -79.97 -88.41 -52.86
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 -29.42 -18.87 -20.04 -33.66 -16.27 -7.73 -39.85 -26.58 -11.16 -20.87 -13.72 -6.41 -14.94 -8.68 -3.42
ROE -111.84 -60.09 -30.15 -46.65 -26.62 -11.99 -72.51 -46.19 -17.22 -30.22 -19.29 -8.66 -23.26 -13.09 -5.77
Gross Margin 61.32 60.38 60.48 60.80 61.39 59.24 56.00 55.59 58.94 66.43 63.56 64.52 66.59 65.89 64.86
Operating Margin -64.87 -66.78 -70.81
EBITDA Margin -59.66 -61.36 -66.87
Net Profit Margin -66.84 -67.02 -71.02 -57.28 -55.20 -54.27 -101.90 -111.23 -103.24 -78.36 -80.75 -78.69 -85.39 -84.39 -62.98

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 39,189.00 42,661.00 55,490.00 65,581.00 29,518.00
   Current Assets 33,363.00 36,172.00 51,180.00 61,892.00 25,462.00
      Cash and Short-Term Investments 20,104.00 23,140.00 37,489.00 54,109.00 20,099.00
            Cash and Cash Equivalents 20,104.00 23,140.00 27,615.00 54,109.00 20,099.00
            Short-Term Investments 0 0 9,874.00 0 0
      Net Receivables 4,713.00 3,211.00 2,665.00 2,337.00 1,881.00
      Inventory 6,863.00 7,911.00 9,303.00 4,938.00 3,238.00
      Other Current Assets 1,683.00 1,910.00 1,723.00 508.00 244.00
   Non-Current Assets 5,826.00 6,489.00 4,310.00 3,689.00 4,056.00
      Property, Plant, Equipment Net 5,091.00 4,953.00 2,701.00 2,780.00 3,055.00
      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 735.00 1,536.00 1,609.00 909.00 1,001.00
Liabilities 13,800.00 21,488.00 18,603.00 16,794.00 27,141.00
   Current Liabilities 10,353.00 7,430.00 6,788.00 4,753.00 3,200.00
      Payables and Expenses 7,675.00 4,393.00 5,161.00 3,568.00 2,244.00
            Account Payables 1,340.00 393.00 272.00 427.00 300.00
            Current Accrued Liabilities 6,335.00 4,000.00 4,889.00 3,141.00 1,944.00
      Short-Term Debt 557.00 424.00 561.00 507.00 394.00
      Other Current Liabilities 2,121.00 2,613.00 1,066.00 678.00 562.00
   Non-Current Liabilities 3,447.00 14,058.00 11,815.00 12,041.00 23,941.00
      Long-Term Debt 3,011.00 13,617.00 21,525.00 21,977.00 41,226.00
      Other Non-Current Liabilities 436.00 441.00 -9,710.00 -9,936.00 -17,285.00
Equity 25,389.00 21,173.00 36,887.00 48,787.00 2,377.00
   Shareholders Equity 25,389.00 21,173.00 36,887.00 48,787.00 2,377.00
      Capital Stock 276.00 247.00 246.00 237.00 170.00
      Share Premium 216,483.00 193,382.00 187,008.00 182,482.00 121,729.00
      Retained Earnings -191,370.00 -172,456.00 -150,367.00 -133,932.00 -119,522.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0
   Minority Interest 0 0 0 0 0
Investments 1,100.00 0 9,874.00 300.00 100.00
Debt 3,568.00 14,041.00 22,086.00 22,484.00 41,620.00
Net Debt 0 0 0 0 21,521.00
Common Shares Outstanding 27,617.42 24,652.73 24,578.98 23,665.99 17,047.58
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 31,390.00 23,955.00 20,551.00 16,299.00 12,829.00
Cost Of Revenue 12,268.00 10,341.00 7,020.00 5,008.00 3,709.00
Gross Profit 19,122.00 13,614.00 13,531.00 11,291.00 9,120.00
Operating Expenses 38,868.00 36,060.00 29,863.00 24,665.00 15,340.00
   Selling, General and Administrative Expenses 26,476.00 24,351.00 18,969.00 15,680.00 10,654.00
   Research and Development Expenses 12,392.00 11,709.00 10,894.00 8,985.00 4,686.00
   Other Operating Expenses 0.00 0.00 0.00 0.00 0.00
Operating Income -19,746.00 -22,446.00 -16,332.00 -13,374.00 -6,220.00
Interest Expense 0.00 0.00 81.00 973.00 1,444.00
Net Interest 872.00 386.00 0 0 0
EBT 0 0 0 0 0
Income Tax 12.00 8.00 0.00 0.00 0.00
Net Income -18,914.00 -22,089.00 -16,435.00 -14,410.00 -6,782.00
Deprecation and Amortization 1,903.00 1,583.00 1,061.00 692.00 550.00
EPS -0.00 -0.00 -0.00 0 0
Diluted EPS -0.00 -0.00 -0.00 0 0
Average Shares Outstanding Basic 27,027.69 24,605.21 24,181.85 0 0
Average Shares Outstanding Diluted 27,027.69 24,605.21 24,181.85 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -8,950.00 -13,720.00 -16,167.00 -12,697.00 -7,807.00
   Operating Net Income -18,914.00 -22,089.00 -16,435.00 -14,410.00 -6,782.00
   Deprecation and Amortization 1,903.00 1,583.00 1,061.00 692.00 550.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 6,907.00 6,079.00 4,126.00 2,078.00 1,090.00
   Change in Working Capital 1,879.00 942.00 7,445.00 3,987.00 1,179.00
   Other Operating Activities -725.00 -235.00 -12,364.00 -5,044.00 -3,844.00
Investing Cash Flow -275.00 8,949.00 -10,736.00 -168.00 -482.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 275.00 1,051.00 1,146.00 168.00 41.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -550.00 7,898.00 -11,882.00 -336.00 -523.00
Financing Cash Flow 6,189.00 296.00 409.00 46,875.00 22,692.00
   Net Issuance/Repayment of Debt 0 0 0 0 4,630.00
   Net Issuance/Repurchase of Equity 16,170.00 0 0 46,785.00 24,634.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -9,981.00 296.00 409.00 90.00 -6,572.00
Net Change in Cash -3,036.00 -4,475.00 -26,494.00 34,010.00 14,403.00
   Cash at Beginning of Period 23,140.00 27,615.00 54,109.00 0 0
   Cash at End of Period 20,104.00 23,140.00 27,615.00 0 0
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 60,357.00 62,869.00 30,070.00 39,189.00 40,193.00 52,574.00 53,637.00 42,661.00 43,837.00 47,641.00 50,247.00 55,490.00 57,738.00 60,240.00 61,768.00 65,581.00 68,702.00 72,326.00 74,263.00 29,518.00
   Current Assets 51,329.00 53,991.00 24,214.00 33,363.00 34,330.00 46,556.00 47,570.00 36,172.00 37,310.00 40,711.00 45,985.00 51,180.00 53,814.00 56,641.00 58,013.00 61,892.00 64,995.00 68,509.00 70,382.00 25,462.00
      Cash and Short-Term Investments 38,221.00 41,541.00 12,387.00 20,104.00 21,573.00 32,845.00 35,353.00 23,140.00 24,342.00 26,464.00 31,735.00 37,489.00 40,461.00 45,137.00 49,658.00 54,109.00 57,651.00 61,524.00 64,858.00 20,099.00
            Cash and Cash Equivalents 38,221.00 41,541.00 12,387.00 20,104.00 21,573.00 32,845.00 35,353.00 23,140.00 24,342.00 26,464.00 21,792.00 27,615.00 18,712.00 23,524.00 49,658.00 54,109.00 57,651.00 61,524.00 64,858.00 20,099.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 9,943.00 9,874.00 21,749.00 21,613.00 0 0 0 0 0 0
      Net Receivables 4,000.00 4,260.00 3,651.00 4,713.00 3,875.00 3,475.00 2,511.00 3,211.00 2,424.00 2,799.00 2,678.00 2,665.00 3,411.00 3,348.00 2,243.00 2,337.00 2,559.00 2,407.00 2,004.00 1,881.00
      Inventory 6,583.00 6,293.00 6,582.00 6,863.00 7,059.00 8,031.00 7,960.00 7,911.00 8,987.00 9,204.00 9,808.00 9,303.00 8,284.00 6,639.00 5,732.00 4,938.00 3,943.00 3,575.00 3,266.00 3,238.00
      Other Current Assets 2,525.00 1,897.00 1,594.00 1,683.00 1,823.00 2,205.00 1,746.00 1,910.00 1,557.00 2,244.00 1,764.00 1,723.00 1,658.00 1,517.00 380.00 508.00 842.00 1,003.00 254.00 244.00
   Non-Current Assets 9,028.00 8,878.00 5,856.00 5,826.00 5,863.00 6,018.00 6,067.00 6,489.00 6,527.00 6,930.00 4,262.00 4,310.00 3,924.00 3,599.00 3,755.00 3,689.00 3,707.00 3,817.00 3,881.00 4,056.00
      Property, Plant, Equipment Net 8,069.00 8,158.00 5,143.00 5,091.00 4,905.00 4,875.00 4,794.00 4,953.00 5,044.00 5,316.00 2,711.00 2,701.00 2,495.00 2,681.00 2,825.00 2,780.00 2,815.00 2,838.00 2,905.00 3,055.00
      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 959.00 720.00 713.00 735.00 958.00 1,143.00 1,273.00 1,536.00 1,483.00 1,614.00 1,551.00 1,609.00 1,429.00 918.00 930.00 909.00 892.00 979.00 976.00 1,001.00
Liabilities 44,483.00 43,126.00 10,083.00 13,800.00 11,192.00 20,442.00 19,053.00 21,488.00 19,743.00 20,231.00 17,667.00 18,603.00 17,860.00 17,420.00 16,038.00 16,794.00 24,582.00 24,360.00 30,281.00 27,141.00
   Current Liabilities 8,053.00 7,398.00 6,866.00 10,353.00 7,554.00 16,694.00 15,157.00 7,430.00 5,589.00 6,202.00 6,054.00 6,788.00 6,095.00 5,483.00 3,973.00 4,753.00 4,588.00 4,385.00 3,121.00 3,200.00
      Payables and Expenses 5,987.00 5,690.00 4,670.00 7,675.00 5,766.00 5,120.00 3,464.00 4,393.00 4,030.00 4,985.00 4,202.00 5,161.00 4,823.00 4,276.00 2,911.00 3,568.00 3,662.00 3,555.00 2,190.00 2,244.00
            Account Payables 723.00 1,531.00 1,216.00 1,340.00 955.00 822.00 844.00 393.00 789.00 1,273.00 1,352.00 272.00 1,387.00 1,592.00 965.00 427.00 777.00 1,252.00 727.00 300.00
            Current Accrued Liabilities 5,264.00 4,159.00 3,454.00 6,335.00 4,811.00 4,298.00 2,620.00 4,000.00 3,241.00 3,712.00 2,850.00 4,889.00 3,436.00 2,684.00 1,946.00 3,141.00 2,885.00 2,303.00 1,463.00 1,944.00
      Short-Term Debt 347.00 331.00 578.00 557.00 536.00 10,495.00 10,461.00 424.00 384.00 493.00 571.00 561.00 537.00 532.00 521.00 507.00 486.00 462.00 430.00 394.00
      Other Current Liabilities 1,719.00 1,377.00 1,618.00 2,121.00 1,252.00 1,079.00 1,232.00 2,613.00 1,175.00 724.00 1,281.00 1,066.00 735.00 675.00 541.00 678.00 440.00 368.00 501.00 562.00
   Non-Current Liabilities 36,430.00 35,728.00 3,217.00 3,447.00 3,638.00 3,748.00 3,896.00 14,058.00 14,154.00 14,029.00 11,613.00 11,815.00 11,765.00 11,937.00 12,065.00 12,041.00 19,994.00 19,975.00 27,160.00 23,941.00
      Long-Term Debt 35,398.00 35,125.00 2,860.00 3,011.00 3,158.00 3,322.00 3,478.00 13,617.00 23,730.00 23,876.00 21,393.00 21,525.00 21,514.00 21,636.00 21,757.00 21,977.00 37,384.00 37,407.00 27,142.00 41,226.00
      Other Non-Current Liabilities 1,032.00 603.00 357.00 436.00 480.00 426.00 418.00 441.00 -9,576.00 -9,847.00 -9,780.00 -9,710.00 -9,749.00 -9,699.00 -9,692.00 -9,936.00 -17,390.00 -17,432.00 18.00 -17,285.00
Equity 15,874.00 19,743.00 19,987.00 25,389.00 29,001.00 32,132.00 34,584.00 21,173.00 24,094.00 27,410.00 32,580.00 36,887.00 39,878.00 42,820.00 45,730.00 48,787.00 44,120.00 47,966.00 43,982.00 2,377.00
   Shareholders Equity 15,874.00 19,743.00 19,987.00 25,389.00 29,001.00 32,132.00 34,584.00 21,173.00 24,094.00 27,410.00 32,580.00 36,887.00 39,878.00 42,820.00 45,730.00 48,787.00 44,120.00 47,966.00 43,982.00 2,377.00
      Capital Stock 284.00 284.00 280.00 276.00 276.00 276.00 274.00 247.00 246.00 246.00 246.00 246.00 245.00 245.00 237.00 237.00 229.00 223.00 207.00 170.00
      Share Premium 224,714.00 222,692.00 217,103.00 216,483.00 214,709.00 212,866.00 210,912.00 193,382.00 191,685.00 190,192.00 188,310.00 187,008.00 185,615.00 184,769.00 183,384.00 182,482.00 173,674.00 173,546.00 165,835.00 121,729.00
      Retained Earnings -209,124.00 -203,233.00 -197,396.00 -191,370.00 -185,984.00 -181,010.00 -176,602.00 -172,456.00 -167,837.00 -163,028.00 -155,976.00 -150,367.00 -145,982.00 -142,194.00 -137,891.00 -133,932.00 -129,783.00 -125,803.00 -122,060.00 -119,522.00
      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 0 0 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 0 0
Investments 1,300.00 1,300.00 1,300.00 1,100.00 900.00 900.00 1,300.00 0 0 0 9,943.00 9,874.00 21,749.00 21,613.00 200.00 300.00 200.00 100.00 60.00 100.00
Debt 35,745.00 35,456.00 3,438.00 3,568.00 3,694.00 13,817.00 13,939.00 14,041.00 24,114.00 24,369.00 21,964.00 22,086.00 22,051.00 22,168.00 22,278.00 22,484.00 37,870.00 37,869.00 27,572.00 41,620.00
Net Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21,521.00
Common Shares Outstanding 28,428.18 28,423.61 27,980.18 27,617.42 27,588.82 27,588.81 27,416.35 24,652.73 24,625.67 24,627.67 24,582.25 24,578.98 24,500.83 24,480.60 23,708.12 23,665.99 22,855.19 22,322.34 20,678.28 17,047.58
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 26,561.00 17,700.00 8,485.00 -15,365.00 23,619.00 15,497.00 7,639.00 -10,006.00 17,145.00 11,383.00 5,433.00 -10,088.00 15,377.00 10,231.00 5,031.00 -7,191.00 12,017.00 7,443.00 4,030.00
Cost Of Revenue 10,273.00 7,012.00 3,353.00 -6,089.00 9,259.00 5,984.00 3,114.00 -4,489.00 7,544.00 5,055.00 2,231.00 -3,655.00 5,162.00 3,728.00 1,785.00 -2,962.00 4,015.00 2,539.00 1,416.00
Gross Profit 16,288.00 10,688.00 5,132.00 -9,276.00 14,360.00 9,513.00 4,525.00 -5,517.00 9,601.00 6,328.00 3,202.00 -6,433.00 10,215.00 6,503.00 3,246.00 -4,229.00 8,002.00 4,904.00 2,614.00
Operating Expenses 33,407.00 22,531.00 11,295.00 -16,873.00 28,502.00 18,483.00 8,756.00 -19,366.00 27,341.00 19,171.00 8,914.00 -13,896.00 22,078.00 14,571.00 7,110.00 -8,016.00 17,394.00 10,492.00 4,795.00
   Selling, General and Administrative Expenses 22,747.00 15,323.00 7,916.00 -11,835.00 19,442.00 12,738.00 6,131.00 -12,367.00 18,284.00 12,543.00 5,891.00 -10,170.00 14,808.00 9,754.00 4,577.00 -5,500.00 11,143.00 6,805.00 3,232.00
   Research and Development Expenses 10,660.00 7,208.00 3,379.00 -5,038.00 9,060.00 5,745.00 2,625.00 -6,999.00 9,057.00 6,628.00 3,023.00 -3,726.00 7,270.00 4,817.00 2,533.00 -2,516.00 6,251.00 3,687.00 1,563.00
   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 -17,119.00 -11,843.00 -6,163.00 7,597.00 -14,142.00 -8,970.00 -4,231.00 13,849.00 -17,740.00 -12,843.00 -5,712.00 7,463.00 -11,863.00 -8,068.00 -3,864.00 3,787.00 -9,392.00 -5,588.00 -2,181.00
Net Non-Operating Income -584.00 23.00 155.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Expense 472.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -387.00 165.00 197.00 106.00 -739.00 809.00 571.00 332.00
Net Interest -472.00 71.00 151.00 -322.00 646.00 437.00 111.00 -218.00 295.00 195.00 114.00 0 -165.00 0 0 0 0 0 0
EBT -17,703.00 -11,820.00 -6,008.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Income Tax 51.00 43.00 18.00 12.00 0.00 0.00 0.00 8.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income -17,754.00 -11,863.00 -6,026.00 7,314.00 -13,528.00 -8,554.00 -4,146.00 13,651.00 -17,470.00 -12,661.00 -5,609.00 7,836.00 -12,050.00 -8,262.00 -3,959.00 4,670.00 -10,261.00 -6,281.00 -2,538.00
EBIT -17,231.00 -11,820.00 -6,008.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deprecation and Amortization 1,386.00 960.00 334.00 -940.00 1,432.00 937.00 474.00 -652.00 1,159.00 736.00 340.00 -418.00 783.00 477.00 219.00 -298.00 513.00 329.00 148.00
EBITDA -15,845.00 -10,860.00 -5,674.00 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0.00 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 -0.00 0.00 0 0 0
Average Shares Outstanding Basic 28,137.53 27,990.10 27,718.92 29,358.32 26,840.12 26,460.24 25,452.10 24,655.06 24,599.19 24,583.44 24,583.16 25,151.92 24,058.21 23,834.85 23,682.44 0.00 0 0 0
Average Shares Outstanding Diluted 28,137.53 27,990.10 27,718.92 29,358.32 26,840.12 26,460.24 25,452.10 24,655.06 24,599.19 24,583.44 24,583.16 25,151.92 24,058.21 23,834.85 23,682.44 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 -11,845.00 -8,724.00 -6,172.00 9,105.00 -7,707.00 -6,508.00 -3,840.00 15,266.00 -12,551.00 -10,755.00 -5,680.00 10,454.00 -13,102.00 -9,250.00 -4,269.00 4,428.00 -9,145.00 -5,849.00 -2,131.00
   Operating Net Income -17,754.00 -11,863.00 -6,026.00 7,314.00 -13,528.00 -8,554.00 -4,146.00 13,651.00 -17,470.00 -12,661.00 -5,609.00 7,836.00 -12,050.00 -8,262.00 -3,959.00 4,670.00 -10,261.00 -6,281.00 -2,538.00
   Deprecation and Amortization 1,386.00 960.00 334.00 -940.00 1,432.00 937.00 474.00 -652.00 1,159.00 736.00 340.00 -418.00 783.00 477.00 219.00 -298.00 513.00 329.00 148.00
   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 6,199.00 4,177.00 1,908.00 -3,101.00 5,204.00 3,300.00 1,504.00 -2,716.00 4,536.00 2,952.00 1,307.00 -1,506.00 2,954.00 1,779.00 899.00 38.00 1,153.00 567.00 320.00
   Change in Working Capital -1,629.00 -3,574.00 -4,789.00 7,374.00 -1,009.00 -895.00 -3,591.00 2,394.00 -1,197.00 -98.00 -157.00 -3,046.00 6,418.00 4,319.00 -246.00 -1,974.00 3,236.00 2,749.00 -24.00
   Other Operating Activities -47.00 1,576.00 2,401.00 -1,542.00 194.00 -1,296.00 1,919.00 2,589.00 421.00 -1,684.00 -1,561.00 7,588.00 -11,207.00 -7,563.00 -1,182.00 1,992.00 -3,786.00 -3,213.00 -37.00
Investing Cash Flow -473.00 -274.00 -183.00 -263.00 -12.00 0 0 -9,422.00 9,137.00 9,372.00 -138.00 33,782.00 -22,482.00 -21,851.00 -185.00 7.00 -130.00 -5.00 -40.00
   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 473.00 274.00 183.00 263.00 12.00 0 0 -578.00 863.00 628.00 138.00 718.00 214.00 145.00 69.00 -7.00 130.00 5.00 40.00
   Net Purchase/Sale of Investments Net 0 0 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 0 0
   Other Investing Activities -946.00 -548.00 -366.00 -526.00 -24.00 0 0 -8,844.00 8,274.00 8,744.00 -276.00 33,064.00 -22,696.00 -21,996.00 -254.00 14.00 -260.00 -10.00 -80.00
Financing Cash Flow 30,615.00 30,615.00 -1,362.00 -32,229.00 6,152.00 16,213.00 16,053.00 -72.00 141.00 232.00 -5.00 -297.00 187.00 516.00 3.00 -94,161.00 46,827.00 47,279.00 46,930.00
   Net Issuance/Repayment of Debt 57,353.00 57,353.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 3,312.00 3,312.00 21.00 -32,442.00 16,204.00 16,204.00 16,204.00 0 0 0 0 0 0 0 0 45,562.00 584.00 494.00 145.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -30,050.00 -30,050.00 -1,383.00 213.00 -10,052.00 9.00 -151.00 -72.00 141.00 232.00 -5.00 -297.00 187.00 516.00 3.00 -139,723.00 46,243.00 46,785.00 46,785.00
Net Change in Cash 18,297.00 21,617.00 -7,717.00 -23,387.00 -1,567.00 9,705.00 12,213.00 5,772.00 -3,273.00 -1,151.00 -5,823.00 43,939.00 -35,397.00 -30,585.00 -4,451.00 -89,726.00 37,552.00 41,425.00 44,759.00
   Cash at Beginning of Period 20,104.00 20,104.00 20,104.00 43,491.00 23,140.00 23,140.00 23,140.00 17,368.00 27,615.00 27,615.00 27,615.00 -16,324.00 54,109.00 54,109.00 54,109.00 0.00 0 0 0
   Cash at End of Period 38,401.00 41,721.00 12,387.00 20,104.00 21,573.00 32,845.00 35,353.00 23,140.00 24,342.00 26,464.00 21,792.00 27,615.00 18,712.00 23,524.00 49,658.00 0 0 0 0
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0