Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings
Price to Sales 0.63 1.13 1.98 4.07
Book Value Per Common Share -0.01 -1.41 -2.59 1.37 1.03
Price to Book -90.35 -1.10 -0.62 3.17
Price to Operating Cash Flow -1.01 -2.04 -0.95 -2.38
Price to Free Cash Flow
Enterprise Value to EBITDA 21910.66 94935.98
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
Price to Sales 5.38 3.53 1.09 0.99 1.53 4.31 1.23 2.37 4.26 1.82 3.39 10.19 6.66 12.79 29.50
Book Value Per Common Share 0.84 1.11 0.29 -0.01 -0.56 -0.75 -0.77 -1.41 -1.44 -2.56 -2.62 -2.59 0.43 0.74 1.04 1.37 1.71 2.01 2.25 1.03
Price to Book 3.78 2.05 2.21 -90.35 -2.11 -1.63 -2.82 -1.10 -0.90 -0.67 -0.58 -0.62 3.36 2.47 2.56 3.17 2.97 3.15 3.44
Price to Operating Cash Flow -7.76 -6.68 -2.63 -1.49 -2.23 -6.87 -2.70 -7.21 10.70 -0.87 -1.59 -4.23 -3.78 -7.09 -15.74
Price to Free Cash Flow
Enterprise Value to EBITDA 371944.99 100581.28 23003.15 55720.26 94832.34 113587.93 136720.24

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY 36.45 90.38 -23.59 -30.68
EBITDA YoY 242.65
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 8.57 36.64 50.21 60.57 54.71 105.21 47.92 106.01 54.52 101.98
EBITDA YoY -55.28 1.43 65.70 -31.81 268.75
Net Profit YoY -60.88 -0.65 79.04 -47.38 61.37

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1.21 2.38 1.45 4.07 5.31
Quick Ratio 1.22 1.15 0.86 2.53 2.56
Current Ratio 1.25 1.17 1.55 2.92 3.21
Debt to Equity -265.33 -5.25 -4.04 2.80 6.20
Long-Term Debt to Equity -77.23 -1.97 -2.26 1.61 4.18
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 1.28 1.64 0.92 1.27 1.41 1.66 1.88 2.61 2.74 2.75 3.11 1.44 2.69 2.68 3.45 4.07 6.77 7.70 5.68 5.31
Quick Ratio 4.01 4.58 1.63 1.22 1.02 0.99 1.16 1.15 1.35 1.30 1.37 0.86 1.82 1.78 2.21 2.53 4.44 5.38 3.54 2.56
Current Ratio 3.64 4.20 1.73 1.25 1.04 1.00 1.16 1.17 1.37 1.33 1.40 1.55 2.05 2.34 2.61 2.92 2.42 2.90 4.08 3.21
Debt to Equity 0.47 0.46 2.93 -265.33 -6.93 -6.10 -6.83 -5.25 -5.32 -3.46 -3.71 -4.04 6.95 4.34 3.35 2.80 2.32 2.07 1.97 6.20
Long-Term Debt to Equity 0.09 0.13 0.93 -77.23 -1.84 -1.52 -2.27 -1.97 -2.45 -1.80 -1.96 -2.26 3.52 2.30 1.85 1.61 1.43 1.36 1.30 4.18

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 26.44 -0.28 -38.07 -24.63 -9.17
ROE -6988.82 1.20 115.82 -93.54 -66.03
Gross Margin
Operating Margin 23.24 3.28 -186.82 -120.17 -46.63
EBITDA Margin 27.26 10.86 -186.26 -120.14 -46.15
Net Profit Margin 23.08 -0.56 -186.82 -120.17 -32.77
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 5.78 13.35 23.88 9.35 4.56 7.47 -0.64 -2.10 -1.41 -31.51 -18.48 -8.05 -15.46 -8.65 -3.58
ROE 8.51 19.49 93.92 -55.40 -23.24 -43.53 2.74 5.17 3.82 -250.63 -98.69 -35.03 -51.38 -26.57 -10.65
Gross Margin
Operating Margin 12.35 33.77 46.32 13.15 11.05 33.38 1.90 -115.12 -107.87 -97.39
EBITDA Margin 14.46 35.10 47.29 17.79 16.12 37.97 9.01 -114.76 -107.22 -96.73
Net Profit Margin 12.10 33.59 46.20 12.99 10.90 33.26 -1.88 -9.12 -14.09 -136.67 -136.17 -139.38 -115.12 -107.87 -97.39

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 120,533.00 201,792.00 260,891.00 339,411.00 358,663.00
   Current Assets 107,305.00 182,936.00 237,102.00 310,301.00 324,013.00
      Cash and Short-Term Investments 101,870.00 175,364.00 95,574.00 266,349.00 256,298.00
            Cash and Cash Equivalents 66,365.00 34,280.00 258,356.00 371,266.00 322,980.00
            Short-Term Investments 62,571.00 157,338.00 0 99,696.00 124,260.00
      Net Receivables 3,103.00 3,432.00 35,986.00 2,370.00 2,394.00
      Inventory 0 0 0 0 0
      Other Current Assets 2,332.00 4,140.00 105,542.00 41,582.00 65,321.00
   Non-Current Assets 13,228.00 18,856.00 23,789.00 29,110.00 34,650.00
      Property, Plant, Equipment Net 10,603.00 16,178.00 21,021.00 25,322.00 29,445.00
      Goodwill 949.00 949.00 949.00 949.00 949.00
      Intangible Assets 583.00 729.00 875.00 1,021.00 1,167.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 22,111.00 47,286.00 49,919.00 41,291.00 38,832.00
      Other Non-Current Assets -21,018.00 -46,286.00 -48,975.00 -39,473.00 -35,743.00
Liabilities 120,989.00 249,239.00 346,642.00 250,032.00 308,860.00
   Current Liabilities 85,772.00 155,913.00 152,608.00 106,316.00 100,924.00
      Payables and Expenses 13,426.00 19,057.00 31,341.00 37,054.00 26,055.00
            Account Payables 1,088.00 1,458.00 2,809.00 2,818.00 2,996.00
            Current Accrued Liabilities 12,338.00 17,599.00 28,532.00 34,236.00 23,059.00
      Short-Term Debt 5,145.00 4,589.00 4,082.00 3,618.00 3,195.00
      Other Current Liabilities 67,201.00 132,267.00 117,185.00 65,644.00 71,674.00
   Non-Current Liabilities 35,217.00 93,326.00 194,034.00 143,716.00 207,936.00
      Long-Term Debt 4,240.00 9,385.00 13,975.00 18,056.00 21,675.00
      Other Non-Current Liabilities 30,977.00 83,941.00 180,059.00 125,660.00 186,261.00
Equity -456.00 -47,447.00 -85,751.00 89,379.00 49,803.00
   Shareholders Equity -912.00 -94,894.00 -171,502.00 89,379.00 49,803.00
      Capital Stock 1.00 1.00 1.00 1.00 1.00
      Share Premium 691,095.00 675,905.00 637,117.00 623,344.00 499,964.00
      Retained Earnings -691,579.00 -723,448.00 -722,879.00 -533,724.00 -450,115.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 27.00 95.00 10.00 -242.00 -47.00
   Minority Interest 0 0 0 0 0
Investments 62,571.00 157,338.00 0 99,696.00 124,260.00
Debt 9,385.00 13,974.00 13,975.00 18,056.00 21,675.00
Common Shares Outstanding 80,099.89 67,310.84 66,228.05 65,392.76 48,251.82
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 138,103.00 101,214.00 53,163.00 69,573.00 100,362.00
Operating Expenses 113,108.00 107,698.00 154,498.00 153,354.00 148,967.00
   Selling, General and Administrative Expenses 29,726.00 30,018.00 42,849.00 39,160.00 36,031.00
   Research and Development Expenses 83,382.00 77,680.00 111,649.00 114,194.00 112,936.00
   Other Operating Expenses 0.00 0.00 0.00 0.00 0.00
Operating Income 24,995.00 -6,484.00 -101,335.00 -83,781.00 -48,605.00
Net Non-Operating Income 7,098.00 9,807.00 2,018.00 172.00 1,809.00
Interest Expense 0.00 0.00 0.00 0.00 0.00
Net Interest 7,136.00 9,837.00 1,678.00 255.00 1,836.00
EBT 32,093.00 3,323.00 -99,317.00 -83,609.00 -46,796.00
Income Tax 224.00 3,892.00 0.00 0.00 13,911.00
Net Income 31,869.00 -569.00 -99,317.00 -83,609.00 -32,885.00
EBIT 32,093.00 3,323.00 -99,317.00 -83,609.00 -46,796.00
Deprecation and Amortization 5,557.00 7,665.00 298.00 26.00 482.00
EBITDA 37,650.00 10,988.00 -99,019.00 -83,583.00 -46,314.00
EPS 0 0 0 0 0
Average Shares Outstanding Basic 84,439.30 73,808.24 65,739.84 0 0
Average Shares Outstanding Diluted 84,745.12 73,808.24 65,739.84 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -86,231.00 -56,035.00 -110,788.00 -119,031.00 5,259.00
   Operating Net Income 31,869.00 -569.00 -99,317.00 -83,609.00 -32,885.00
   Deprecation and Amortization 5,557.00 7,665.00 298.00 -26.00 482.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 7,668.00 8,558.00 13,125.00 13,167.00 14,786.00
   Change in Working Capital -120,311.00 -125,406.00 54,136.00 -70,438.00 30,895.00
   Other Operating Activities -11,014.00 53,717.00 -79,030.00 21,875.00 -8,019.00
Investing Cash Flow 99,700.00 -150,674.00 98,260.00 22,489.00 -18,718.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 310.00 840.00 1,740.00 1,609.00 2,309.00
   Net Purchase/Sale of Investments Net 0 0 0 223,894.00 381,807.00
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 99,390.00 -151,514.00 96,520.00 -203,014.00 -402,834.00
Financing Cash Flow 7,522.00 30,230.00 648.00 110,213.00 16,893.00
   Net Issuance/Repayment of Debt 0 0 0 0 0
   Net Issuance/Repurchase of Equity 9,009.00 29,669.00 0 107,712.00 11,288.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -1,487.00 561.00 648.00 2,501.00 5,605.00
Net Change in Cash 20,991.00 -176,479.00 -11,880.00 13,671.00 3,434.00
   Cash at Beginning of Period 18,088.00 194,567.00 206,447.00 192,776.00 189,342.00
   Cash at End of Period 39,079.00 18,088.00 194,567.00 206,447.00 192,776.00
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 158,254.00 175,057.00 98,497.00 120,533.00 138,981.00 159,219.00 184,687.00 201,792.00 221,167.00 209,185.00 234,630.00 260,891.00 226,492.00 260,086.00 296,825.00 339,411.00 371,233.00 402,440.00 434,158.00 358,663.00
   Current Assets 149,217.00 164,621.00 86,628.00 107,305.00 124,180.00 143,080.00 167,247.00 182,936.00 201,204.00 187,801.00 212,277.00 237,102.00 200,280.00 232,770.00 268,444.00 310,301.00 240,998.00 271,005.00 400,008.00 324,013.00
      Cash and Short-Term Investments 162,895.00 177,632.00 79,900.00 101,870.00 118,628.00 138,190.00 154,085.00 175,364.00 195,366.00 182,362.00 205,856.00 95,574.00 176,435.00 175,670.00 225,690.00 266,349.00 441,956.00 501,758.00 346,248.00 256,298.00
            Cash and Cash Equivalents 53,454.00 68,586.00 60,625.00 66,365.00 68,788.00 66,693.00 75,254.00 34,280.00 52,387.00 90,971.00 113,151.00 258,356.00 131,348.00 205,168.00 289,219.00 371,266.00 441,951.00 491,727.00 610,867.00 322,980.00
            Short-Term Investments 109,441.00 109,046.00 32,282.00 62,571.00 77,012.00 93,935.00 114,099.00 157,338.00 168,086.00 123,322.00 148,145.00 0 99,254.00 98,875.00 99,042.00 99,696.00 5.00 10,031.00 64,130.00 124,260.00
      Net Receivables 1,629.00 1,869.00 1,956.00 3,103.00 3,352.00 2,775.00 13,177.00 3,432.00 2,419.00 1,903.00 1,090.00 35,986.00 1,712.00 1,014.00 1,016.00 2,370.00 887.00 931.00 756.00 2,394.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets -15,307.00 -14,880.00 4,772.00 2,332.00 2,200.00 2,115.00 -15.00 4,140.00 3,419.00 3,536.00 5,331.00 105,542.00 22,133.00 56,086.00 41,738.00 41,582.00 -201,845.00 -231,684.00 53,004.00 65,321.00
   Non-Current Assets 9,037.00 10,436.00 11,869.00 13,228.00 14,801.00 16,139.00 17,440.00 18,856.00 19,963.00 21,384.00 22,353.00 23,789.00 26,212.00 27,316.00 28,381.00 29,110.00 130,235.00 131,435.00 34,150.00 34,650.00
      Property, Plant, Equipment Net 6,535.00 7,893.00 9,284.00 10,603.00 12,135.00 13,541.00 14,801.00 16,178.00 17,244.00 18,625.00 19,621.00 21,021.00 22,540.00 23,607.00 24,629.00 25,322.00 26,441.00 27,660.00 28,908.00 29,445.00
      Goodwill 949.00 949.00 949.00 949.00 949.00 949.00 949.00 949.00 949.00 949.00 949.00 949.00 949.00 949.00 949.00 949.00 949.00 949.00 949.00 949.00
      Intangible Assets 474.00 510.00 547.00 583.00 620.00 656.00 693.00 729.00 766.00 802.00 839.00 875.00 911.00 948.00 984.00 1,021.00 1,057.00 1,094.00 1,130.00 1,167.00
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 99,969.00 99,914.00 0 0
      Non-Current Deferred Assets 0 0 0 22,111.00 0 0 0 47,286.00 0 0 0 49,919.00 0 0 0 41,291.00 0 0 0 38,832.00
      Other Non-Current Assets 1,079.00 1,084.00 1,089.00 -21,018.00 1,097.00 993.00 997.00 -46,286.00 1,004.00 1,008.00 944.00 -48,975.00 1,812.00 1,812.00 1,819.00 -39,473.00 1,819.00 1,818.00 3,163.00 -35,743.00
Liabilities 50,865.00 55,147.00 73,448.00 120,989.00 162,433.00 190,446.00 216,367.00 249,239.00 272,405.00 294,212.00 321,267.00 346,642.00 198,018.00 211,378.00 228,631.00 250,032.00 259,559.00 271,487.00 288,136.00 308,860.00
   Current Liabilities 41,029.00 39,223.00 50,201.00 85,772.00 119,228.00 142,858.00 144,536.00 155,913.00 146,790.00 141,377.00 151,262.00 152,608.00 97,841.00 99,439.00 102,766.00 106,316.00 99,772.00 93,377.00 98,049.00 100,924.00
      Payables and Expenses 13,054.00 11,730.00 11,682.00 13,426.00 18,164.00 14,231.00 16,184.00 19,057.00 22,394.00 21,097.00 24,478.00 31,341.00 36,516.00 33,652.00 32,753.00 37,054.00 26,683.00 21,008.00 21,413.00 26,055.00
            Account Payables 646.00 227.00 276.00 1,088.00 1,422.00 611.00 1,964.00 1,458.00 1,705.00 1,029.00 2,203.00 2,809.00 5,176.00 1,920.00 1,721.00 2,818.00 1,516.00 1,755.00 2,582.00 2,996.00
            Current Accrued Liabilities 12,408.00 11,503.00 11,406.00 12,338.00 16,742.00 13,620.00 14,220.00 17,599.00 20,689.00 20,068.00 22,275.00 28,532.00 31,340.00 31,732.00 31,032.00 34,236.00 25,167.00 19,253.00 18,831.00 23,059.00
      Short-Term Debt 5,596.00 5,443.00 5,293.00 5,145.00 5,001.00 4,861.00 4,724.00 4,589.00 4,458.00 4,330.00 4,204.00 4,082.00 3,961.00 3,845.00 3,730.00 3,618.00 3,509.00 3,402.00 3,297.00 3,195.00
      Other Current Liabilities 22,379.00 22,050.00 33,226.00 67,201.00 96,063.00 123,766.00 123,628.00 132,267.00 119,938.00 115,950.00 122,580.00 117,185.00 57,364.00 61,942.00 66,283.00 65,644.00 69,580.00 68,967.00 73,339.00 71,674.00
   Non-Current Liabilities 9,836.00 15,924.00 23,247.00 35,217.00 43,205.00 47,588.00 71,831.00 93,326.00 125,615.00 152,835.00 170,005.00 194,034.00 100,177.00 111,939.00 125,865.00 143,716.00 159,787.00 178,110.00 190,087.00 207,936.00
      Long-Term Debt 0 1,442.00 2,856.00 4,240.00 5,596.00 6,885.00 8,148.00 9,385.00 10,597.00 11,746.00 12,872.00 13,975.00 15,055.00 16,076.00 17,077.00 18,056.00 19,017.00 19,921.00 20,807.00 21,675.00
      Other Non-Current Liabilities 0 14,482.00 20,391.00 30,977.00 37,609.00 40,703.00 63,683.00 83,941.00 115,018.00 141,089.00 157,133.00 180,059.00 85,122.00 95,863.00 108,788.00 125,660.00 140,770.00 158,189.00 169,280.00 186,261.00
Equity 107,389.00 119,910.00 25,049.00 -456.00 -23,452.00 -31,227.00 -31,680.00 -47,447.00 -51,238.00 -85,027.00 -86,637.00 -85,751.00 28,474.00 48,708.00 68,194.00 89,379.00 111,674.00 130,953.00 146,022.00 49,803.00
   Shareholders Equity 107,389.00 119,910.00 25,049.00 -912.00 -46,904.00 -62,454.00 -63,360.00 -94,894.00 -102,476.00 -170,054.00 -173,274.00 -171,502.00 28,474.00 48,708.00 68,194.00 89,379.00 111,674.00 130,953.00 146,022.00 49,803.00
      Capital Stock 2.00 2.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00
      Share Premium 789,720.00 788,083.00 693,103.00 691,095.00 686,962.00 684,967.00 677,986.00 675,905.00 673,109.00 642,214.00 639,526.00 637,117.00 634,357.00 631,662.00 626,721.00 623,344.00 619,117.00 615,849.00 611,733.00 499,964.00
      Retained Earnings -682,437.00 -668,208.00 -668,054.00 -691,579.00 -710,455.00 -716,191.00 -709,657.00 -723,448.00 -724,285.00 -727,277.00 -726,190.00 -722,879.00 -605,089.00 -581,793.00 -557,609.00 -533,724.00 -507,496.00 -484,912.00 -465,669.00 -450,115.00
      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 104.00 33.00 -1.00 27.00 40.00 -4.00 -10.00 95.00 -63.00 35.00 26.00 10.00 -795.00 -1,162.00 -919.00 -242.00 52.00 15.00 -43.00 -47.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 109,441.00 109,046.00 32,282.00 62,571.00 77,012.00 93,935.00 114,099.00 157,338.00 168,086.00 123,322.00 148,145.00 0 99,254.00 98,875.00 99,042.00 99,696.00 99,974.00 109,945.00 64,130.00 124,260.00
Debt 5,596.00 6,885.00 8,149.00 9,385.00 10,597.00 11,746.00 12,872.00 13,974.00 10,597.00 11,746.00 12,872.00 13,975.00 15,055.00 16,076.00 17,077.00 18,056.00 19,017.00 19,921.00 20,807.00 21,675.00
Common Shares Outstanding 0 0 0 80,099.89 0 0 0 67,310.84 0 0 0 66,228.05 65,950.24 65,756.49 65,398.36 65,392.76 65,249.12 65,157.00 65,002.90 48,251.82
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 75,538.00 69,575.00 50,917.00 -69,948.00 100,010.00 66,578.00 41,463.00 -45,115.00 74,607.00 48,223.00 23,499.00 -51,492.00 52,217.00 35,302.00 17,136.00 -28,503.00 49,846.00 32,259.00 15,971.00
Operating Expenses 69,970.00 48,239.00 28,296.00 -72,765.00 92,694.00 63,373.00 29,806.00 -59,163.00 80,485.00 57,224.00 29,152.00 -95,481.00 124,867.00 84,010.00 41,102.00 -52,654.00 107,319.00 67,091.00 31,598.00
   Selling, General and Administrative Expenses 22,477.00 16,050.00 9,428.00 -18,279.00 24,102.00 16,149.00 7,754.00 -15,528.00 22,191.00 15,378.00 7,977.00 -22,768.00 32,782.00 22,292.00 10,543.00 -18,390.00 29,704.00 18,619.00 9,227.00
   Research and Development Expenses 47,493.00 32,189.00 18,868.00 -54,486.00 68,592.00 47,224.00 22,052.00 -43,635.00 58,294.00 41,846.00 21,175.00 -72,713.00 92,085.00 61,718.00 30,559.00 -34,264.00 77,615.00 48,472.00 22,371.00
   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 5,568.00 21,336.00 22,621.00 2,817.00 7,316.00 3,205.00 11,657.00 14,048.00 -5,878.00 -9,001.00 -5,653.00 43,989.00 -72,650.00 -48,708.00 -23,966.00 24,151.00 -57,473.00 -34,832.00 -15,627.00
Net Non-Operating Income 3,758.00 2,161.00 966.00 -5,077.00 5,839.00 4,153.00 2,183.00 2,512.00 7,295.00 0 0 2,018.00 0 0 0 -28.00 92.00 35.00 73.00
Interest Expense 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 Interest 3,725.00 2,133.00 955.00 -5,081.00 5,858.00 4,165.00 2,194.00 -4,459.00 7,334.00 4,635.00 2,327.00 334.00 946.00 330.00 68.00 -107.00 182.00 112.00 68.00
EBT 9,326.00 23,497.00 23,587.00 -2,260.00 13,155.00 7,358.00 13,840.00 1,906.00 1,417.00 0 0 -99,317.00 0 0 0 24,123.00 -57,381.00 -34,797.00 -15,554.00
Income Tax 184.00 126.00 62.00 -88.00 162.00 101.00 49.00 1,069.00 2,823.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income 9,142.00 23,371.00 23,525.00 -2,172.00 12,993.00 7,257.00 13,791.00 8,546.00 -1,406.00 -4,398.00 -3,311.00 44,002.00 -71,365.00 -48,069.00 -23,885.00 24,123.00 -57,381.00 -34,797.00 -15,554.00
EBIT 9,326.00 23,497.00 23,587.00 -2,260.00 13,155.00 7,358.00 13,840.00 1,906.00 1,417.00 0 0 -99,317.00 0 0 0 24,123.00 -57,381.00 -34,797.00 -15,554.00
Deprecation and Amortization 1,596.00 924.00 490.00 -4,355.00 4,633.00 3,377.00 1,902.00 -2,541.00 5,302.00 3,333.00 1,571.00 -19.00 157.00 106.00 54.00 -464.00 177.00 208.00 105.00
EBITDA 10,922.00 24,421.00 24,077.00 -6,615.00 17,788.00 10,735.00 15,742.00 4,269.00 6,719.00 0 0 -99,019.00 0 0 0 23,659.00 -57,204.00 -34,589.00 -15,449.00
EPS 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0
Diluted EPS 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0
Average Shares Outstanding Basic 127,352.37 108,214.37 87,121.50 88,267.61 84,005.09 83,455.05 82,029.47 91,365.13 71,225.43 66,393.39 66,248.99 131,872.58 65,618.16 65,468.64 0 20,322.70 0 0 60,968.11
Average Shares Outstanding Diluted 128,859.85 108,928.28 87,150.67 87,806.07 84,428.84 84,115.53 82,630.02 91,365.13 71,225.43 66,393.39 66,248.99 131,872.58 65,618.16 65,468.64 0 20,322.70 0 0 60,968.11
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 -52,344.00 -36,796.00 -21,043.00 51,731.00 -66,323.00 -45,594.00 -26,045.00 -15,483.00 -34,072.00 -15,829.00 9,349.00 115,469.00 -109,394.00 -75,550.00 -41,313.00 56,887.00 -87,839.00 -58,139.00 -29,940.00
   Operating Net Income 9,142.00 23,371.00 23,525.00 -2,172.00 12,993.00 7,257.00 13,791.00 8,546.00 -1,406.00 -4,398.00 -3,311.00 44,002.00 -71,365.00 -48,069.00 -23,885.00 24,123.00 -57,381.00 -34,797.00 -15,554.00
   Deprecation and Amortization 1,596.00 924.00 490.00 -4,355.00 4,633.00 3,377.00 1,902.00 -2,541.00 5,302.00 3,333.00 1,571.00 -19.00 157.00 106.00 54.00 464.00 -177.00 -208.00 -105.00
   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 4,823.00 3,439.00 2,008.00 -3,812.00 5,784.00 3,789.00 1,907.00 -4,637.00 6,006.00 4,780.00 2,409.00 -8,660.00 10,555.00 7,860.00 3,370.00 -5,949.00 9,623.00 6,459.00 3,034.00
   Change in Working Capital -67,687.00 -62,783.00 -45,372.00 39,321.00 -84,580.00 -55,222.00 -19,830.00 108,756.00 -102,066.00 -78,392.00 -53,704.00 150,058.00 -45,061.00 -34,526.00 -16,335.00 35,842.00 -53,084.00 -36,082.00 -17,114.00
   Other Operating Activities -218.00 -1,747.00 -1,694.00 22,749.00 -5,153.00 -4,795.00 -23,815.00 -125,607.00 58,092.00 58,848.00 62,384.00 -69,912.00 -3,680.00 -921.00 -4,517.00 2,407.00 13,180.00 6,489.00 -201.00
Investing Cash Flow -45,325.00 -45,764.00 30,596.00 -96,147.00 84,565.00 66,397.00 44,885.00 280,110.00 -163,540.00 -120,602.00 -146,642.00 101,702.00 -1,558.00 -1,148.00 -736.00 -72,257.00 22,734.00 13,000.00 59,012.00
   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 19.00 146.00 119.00 -246.00 230.00 211.00 115.00 -347.00 574.00 565.00 48.00 -1,702.00 1,558.00 1,148.00 736.00 -1,833.00 1,364.00 1,096.00 982.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0 100,000.00 0 0 0 0 0 -273,886.00 223,894.00 213,892.00 59,994.00
   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 -45,344.00 -45,910.00 30,477.00 -95,901.00 84,335.00 66,186.00 44,770.00 380,457.00 -164,114.00 -221,167.00 -146,690.00 103,404.00 -3,116.00 -2,296.00 -1,472.00 203,462.00 -202,524.00 -201,988.00 -1,964.00
Financing Cash Flow 93,803.00 93,550.00 0 -3,198.00 5,273.00 5,273.00 174.00 -73.00 29,986.00 317.00 0 -275.00 458.00 458.00 7.00 -217,478.00 109,530.00 109,426.00 108,735.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 93,373.00 93,373.00 0 -677.00 4,843.00 4,843.00 0 0.00 29,669.00 0 0 0 0 0 0 -216,447.00 107,712.00 107,712.00 108,735.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities 430.00 177.00 0 -2,521.00 430.00 430.00 174.00 -73.00 317.00 317.00 0 -275.00 458.00 458.00 7.00 -1,031.00 1,818.00 1,714.00 0.00
Net Change in Cash -3,866.00 10,990.00 9,553.00 -47,614.00 23,515.00 26,076.00 19,014.00 264,554.00 -167,626.00 -136,114.00 -137,293.00 216,896.00 -110,494.00 -76,240.00 -42,042.00 -232,848.00 44,425.00 64,287.00 137,807.00
   Cash at Beginning of Period 39,079.00 39,079.00 39,079.00 86,693.00 18,088.00 18,088.00 18,088.00 -246,466.00 194,567.00 194,567.00 194,567.00 -22,329.00 206,447.00 206,447.00 206,447.00 439,295.00 192,776.00 192,776.00 192,776.00
   Cash at End of Period 35,213.00 50,069.00 48,632.00 39,079.00 41,603.00 44,164.00 37,102.00 18,088.00 26,941.00 58,453.00 57,274.00 194,567.00 95,953.00 130,207.00 164,405.00 206,447.00 237,201.00 257,063.00 330,583.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0