Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -9.05 -4.73 -3.04
Price to Sales
Book Value Per Common Share 0.95 1.35 1.20 1.66 1.39
Price to Book 5.71 2.11 1.31 2.24 7.31
Price to Operating Cash Flow -9.94 -4.94 -3.63 -8.05 -20.69
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 -12.96 -10.83 -21.06 -9.98 -10.93 -19.79 -5.61 -12.00 -7.65 -3.26 -7.77 -19.23
Price to Sales
Book Value Per Common Share 0.99 0.63 0.79 0.95 1.12 1.25 1.22 1.35 1.47 1.57 1.02 1.20 1.33 1.43 1.54 1.66 1.78 1.08 1.23 1.39
Price to Book 6.93 6.18 4.78 5.71 3.74 2.36 2.27 2.11 1.76 2.74 1.50 1.31 0.93 1.42 1.62 2.24 2.25 4.11 7.43 7.31
Price to Operating Cash Flow -14.57 -11.35 -22.71 -10.61 -10.04 -15.80 -5.32 -11.48 -7.95 -3.75 -8.37 -17.01 -11.22 -13.06 -39.85
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
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
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 1.09 1.62 1.27 1.71 1.47
Quick Ratio 8.23 19.12 15.49 29.69 13.73
Current Ratio 8.28 19.27 15.61 29.82 13.77
Debt to Equity 0.14 0.06 0.08 0.03 0.08
Long-Term Debt to Equity 0.01 0.01 0.01 0.00 0.00
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
Cash Per Common Share 1.22 0.70 0.87 1.03 1.27 1.42 1.23 1.39 1.83 2.26 1.09 1.27 1.37 1.45 1.55 1.71 0.61 0.12 0.18 1.47
Quick Ratio 10.55 7.33 8.05 8.23 11.75 17.65 17.92 19.12 26.04 31.29 10.22 15.49 23.46 25.06 28.74 29.69 10.04 1.54 3.09 13.73
Current Ratio 10.67 7.55 8.02 8.28 11.81 17.82 18.14 19.27 22.07 21.19 10.55 15.61 23.66 25.50 29.37 29.82 29.89 15.02 20.54 13.77
Debt to Equity 0.11 0.16 0.14 0.14 0.10 0.06 0.06 0.06 0.05 0.04 0.12 0.08 0.06 0.04 0.04 0.03 0.03 0.07 0.05 0.08
Long-Term Debt to Equity 0.00 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -29.84 -43.75
ROE -30.87 -47.25
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin
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 -42.12 -48.95 -31.50 -18.08 -10.46 -24.46 -15.71 -17.45 -26.79 -17.49 -8.31 -21.26 -31.67 -14.87
ROE -46.54 -56.70 -34.49 -19.23 -11.11 -25.56 -16.32 -19.51 -28.29 -18.21 -8.60 -22.00 -33.94 -15.65
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin

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 46,345.00 54,160.00 34,395.00 45,551.00 28,095.00
   Current Assets 44,610.00 53,675.00 33,835.00 45,439.00 27,921.00
   Deposits 0 0 0 113.00 10.00
      Cash and Short-Term Investments 44,100.00 52,900.00 33,500.00 45,112.00 27,507.00
            Cash and Cash Equivalents 3,025.00 4,543.00 4,728.00 4,707.00 7,409.00
            Short-Term Investments 41,122.00 48,352.00 28,774.00 40,405.00 20,098.00
      Net Receivables 236.00 369.00 82.00 130.00 340.00
      Inventory 0 0 0 0 0
      Other Current Assets 274.00 406.00 253.00 197.00 74.00
   Non-Current Assets 1,735.00 485.00 560.00 112.00 174.00
      Property, Plant, Equipment Net 427.00 485.00 560.00 112.00 174.00
      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 1,308.00 0.00 0.00 0.00 0.00
Liabilities 5,627.00 3,103.00 2,568.00 1,527.00 2,081.00
   Current Liabilities 5,390.00 2,786.00 2,168.00 1,524.00 2,028.00
      Payables and Expenses 5,287.00 1,777.00 2,099.00 1,475.00 1,963.00
            Account Payables 940.00 926.00 734.00 509.00 1,099.00
            Current Accrued Liabilities 4,347.00 1,777.00 1,365.00 966.00 864.00
      Short-Term Debt 103.00 83.00 69.00 49.00 65.00
      Other Current Liabilities 0.00 926.00 0.00 0.00 0.00
   Non-Current Liabilities 237.00 317.00 400.00 3.00 53.00
      Long-Term Debt 237.00 317.00 400.00 3.00 53.00
      Other Non-Current Liabilities 0.00 0.00 0.00 0.00 0.00
Equity 40,718.00 51,057.00 31,827.00 44,024.00 26,014.00
   Shareholders Equity 40,718.00 51,057.00 31,827.00 44,024.00 26,014.00
      Capital Stock 0 0 0 0 0
      Share Premium 180,697.00 166,609.00 128,078.00 126,576.00 94,925.00
      Retained Earnings -140,002.00 -115,558.00 -96,177.00 -82,501.00 -68,909.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 23.00 6.00 -74.00 -51.00 -2.00
   Minority Interest 0 0 0 0 0
Investments 41,122.00 48,352.00 28,774.00 40,405.00 20,098.00
Debt 340.00 400.00 469.00 52.00 59.00
Common Shares Outstanding 42,818.66 37,958.00 26,443.07 26,443.07 18,746.16
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Expenses 26,681.00 21,267.00 14,001.00 13,646.00 12,699.00
   Selling, General and Administrative Expenses 7,624.00 8,157.00 6,162.00 4,881.00 4,389.00
   Research and Development Expenses 19,057.00 13,110.00 7,839.00 8,765.00 8,310.00
   Other Operating Expenses 0.00 0.00 0.00 0.00 0.00
Operating Income -26,681.00 -21,267.00 -14,001.00 -13,646.00 -12,699.00
Net Non-Operating Income 2,267.00 1,929.00 353.00 82.00 434.00
Interest Expense 0.00 0.00 0.00 0.00 0.00
Net Interest 2,301.00 0 0 0 0
EBT -24,414.00 -19,338.00 -13,648.00 -13,564.00 -12,265.00
Income Tax 30.00 43.00 28.00 28.00 27.00
Net Income 0 0 0 -13,592.00 -12,292.00
EBIT -24,414.00 -19,338.00 -13,648.00 -13,564.00 -12,265.00
Deprecation and Amortization 39.00 30.00 25.00 24.00 21.00
EBITDA -24,375.00 -19,308.00 -13,623.00 -13,540.00 -12,244.00
EPS -0.00 -0.00 -0.00 0 0
Average Shares Outstanding Basic 40,404.68 32,566.72 26,443.07 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -22,076.00 -18,728.00 -11,511.00 -12,252.00 -9,185.00
   Operating Net Income -48,888.00 -38,762.00 -27,352.00 -13,592.00 -12,292.00
   Deprecation and Amortization 39.00 30.00 25.00 24.00 21.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 2,085.00 1,683.00 1,502.00 1,558.00 1,843.00
   Change in Working Capital 3,494.00 987.00 597.00 -635.00 107.00
   Other Operating Activities 21,194.00 17,334.00 13,717.00 393.00 1,136.00
Investing Cash Flow 8,564.00 -18,299.00 11,538.00 -20,537.00 -16,134.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 25.00 24.00 81.00 24.00 63.00
   Net Purchase/Sale of Investments Net 109,411.00 120,545.00 102,987.00 119,109.00 63,389.00
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -100,872.00 -138,868.00 -91,530.00 -139,670.00 -79,586.00
Financing Cash Flow 11,994.00 36,842.00 -6.00 30,087.00 28,845.00
   Net Issuance/Repayment of Debt 9.00 6.00 6.00 6.00 5.00
   Net Issuance/Repurchase of Equity 12,003.00 36,848.00 0 30,093.00 28,850.16
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -18.00 -12.00 -12.00 -12.00 -10.16
Net Change in Cash -1,518.00 -185.00 21.00 -2,702.00 3,526.00
   Cash at Beginning of Period 4,543.00 4,728.00 4,707.00 7,409.00 3,883.00
   Cash at End of Period 3,025.00 4,543.00 4,728.00 4,707.00 7,409.00
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 57,047.00 31,470.00 38,830.00 46,345.00 52,524.00 56,791.00 49,260.00 54,160.00 58,139.00 62,050.00 30,217.00 34,395.00 37,041.00 39,258.00 42,211.00 45,551.00 48,664.00 21,774.00 24,356.00 28,095.00
   Current Assets 56,223.00 31,079.00 37,422.00 44,610.00 50,767.00 55,014.00 47,484.00 53,675.00 47,886.00 41,231.00 29,674.00 33,835.00 36,490.00 39,173.00 42,111.00 45,439.00 48,537.00 21,629.00 24,195.00 27,921.00
   Deposits 200.00 200.00 200.00 0 0 0 0 0 0 0 0 0 9.00 108.00 103.00 113.00 0 0 0 10.00
      Cash and Short-Term Investments 55,300.00 30,000.00 37,300.00 44,100.00 50,200.00 54,100.00 46,500.00 52,900.00 56,200.00 60,700.00 28,700.00 33,500.00 36,100.00 38,400.00 41,047.00 45,112.00 16,200.00 2,200.00 3,300.00 27,507.00
            Cash and Cash Equivalents 3,326.00 4,109.00 2,589.00 3,025.00 4,134.00 14,066.00 2,097.00 4,543.00 2,232.00 5,839.00 2,147.00 4,728.00 2,771.00 3,062.00 3,032.00 4,707.00 16,219.00 2,228.00 3,329.00 7,409.00
            Short-Term Investments 51,992.00 25,929.00 33,731.00 41,122.00 46,063.00 39,989.00 44,419.00 48,352.00 44,233.00 34,529.00 26,508.00 28,774.00 33,313.00 35,381.00 38,015.00 40,405.00 31,878.00 19,067.00 20,072.00 20,098.00
      Net Receivables 260.00 161.00 253.00 236.00 290.00 391.00 399.00 369.00 310.00 188.00 57.00 82.00 75.00 88.00 168.00 130.00 104.00 16.00 337.00 340.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 663.00 918.00 -131.00 274.00 277.00 523.00 585.00 406.00 -8,624.00 -19,657.00 917.00 253.00 315.00 685.00 896.00 197.00 32,233.00 19,413.00 20,558.00 74.00
   Non-Current Assets 824.00 391.00 1,408.00 1,735.00 1,757.00 1,777.00 1,776.00 485.00 10,253.00 20,819.00 543.00 560.00 551.00 85.00 100.00 112.00 127.00 145.00 161.00 174.00
      Property, Plant, Equipment Net 368.00 391.00 408.00 427.00 449.00 469.00 468.00 485.00 507.00 523.00 543.00 560.00 997.00 85.00 100.00 112.00 127.00 145.00 161.00 174.00
      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 1,000.00 0 0 0 0 0 9,746.00 20,296.00 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 456.00 0.00 0.00 1,308.00 1,308.00 1,308.00 1,308.00 0.00 0.00 0.00 0.00 0.00 -446.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Liabilities 5,425.00 4,300.00 4,876.00 5,627.00 4,560.00 3,376.00 2,911.00 3,103.00 2,510.00 2,307.00 3,195.00 2,568.00 1,962.00 1,543.00 1,443.00 1,527.00 1,628.00 1,456.00 1,211.00 2,081.00
   Current Liabilities 5,268.00 4,116.00 4,665.00 5,390.00 4,297.00 3,088.00 2,617.00 2,786.00 2,170.00 1,946.00 2,814.00 2,168.00 1,542.00 1,536.00 1,434.00 1,524.00 1,624.00 1,440.00 1,178.00 2,028.00
      Payables and Expenses 5,159.00 4,008.00 4,560.00 5,287.00 3,024.00 2,229.00 1,815.00 1,777.00 2,090.00 1,867.00 2,736.00 2,099.00 637.00 894.00 967.00 1,475.00 861.00 1,132.00 420.00 1,963.00
            Account Payables 1,920.00 1,261.00 1,507.00 940.00 1,171.00 759.00 716.00 926.00 863.00 856.00 1,780.00 734.00 864.00 624.00 433.00 509.00 699.00 239.00 689.00 1,099.00
            Current Accrued Liabilities 3,239.00 2,747.00 3,053.00 4,347.00 3,024.00 2,229.00 1,815.00 1,777.00 1,227.00 1,011.00 956.00 1,365.00 637.00 894.00 967.00 966.00 861.00 1,132.00 420.00 864.00
      Short-Term Debt 109.00 108.00 105.00 103.00 102.00 100.00 86.00 83.00 80.00 79.00 78.00 69.00 41.00 18.00 34.00 49.00 64.00 69.00 69.00 65.00
      Other Current Liabilities 0.00 0.00 0.00 0.00 1,171.00 759.00 716.00 926.00 0.00 0.00 0.00 0.00 864.00 624.00 433.00 0.00 699.00 239.00 689.00 0.00
   Non-Current Liabilities 157.00 184.00 211.00 237.00 263.00 288.00 294.00 317.00 340.00 361.00 381.00 400.00 420.00 7.00 9.00 3.00 4.00 16.00 33.00 53.00
      Long-Term Debt 157.00 184.00 211.00 237.00 263.00 288.00 294.00 317.00 340.00 361.00 381.00 400.00 420.00 7.00 9.00 3.00 4.00 16.00 33.00 53.00
      Other Non-Current Liabilities 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 0.00
Equity 51,622.00 27,170.00 33,954.00 40,718.00 47,964.00 53,415.00 46,349.00 51,057.00 55,629.00 59,743.00 27,022.00 31,827.00 35,079.00 37,715.00 40,768.00 44,024.00 47,036.00 20,318.00 23,145.00 26,014.00
   Shareholders Equity 51,622.00 27,170.00 33,954.00 40,718.00 47,964.00 53,415.00 46,349.00 51,057.00 55,629.00 59,743.00 27,022.00 31,827.00 35,079.00 37,715.00 40,768.00 44,024.00 47,036.00 20,318.00 23,145.00 26,014.00
      Capital Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Share Premium 215,600.00 182,592.00 181,658.00 180,697.00 179,985.00 179,294.00 167,097.00 166,609.00 166,153.00 165,732.00 128,500.00 128,078.00 127,667.00 127,249.00 126,884.00 126,576.00 126,296.00 96,126.00 95,680.00 94,925.00
      Retained Earnings -164,028.00 -155,408.00 -147,709.00 -140,002.00 -132,102.00 -125,828.00 -120,709.00 -115,558.00 -110,397.00 -105,926.00 -101,449.00 -96,177.00 -92,426.00 -89,367.00 -86,009.00 -82,501.00 -79,255.00 -75,805.00 -72,531.00 -68,909.00
      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 50.00 -14.00 5.00 23.00 81.00 -51.00 -39.00 6.00 -127.00 -63.00 -29.00 -74.00 -162.00 -167.00 -107.00 -51.00 -5.00 -3.00 -4.00 -2.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 51,992.00 25,929.00 34,731.00 41,122.00 46,063.00 39,989.00 44,419.00 48,352.00 53,979.00 54,825.00 26,508.00 28,774.00 33,313.00 35,381.00 38,015.00 40,405.00 31,878.00 19,067.00 20,072.00 20,098.00
Debt 266.00 292.00 316.00 340.00 365.00 388.00 380.00 400.00 420.00 440.00 459.00 469.00 461.00 25.00 43.00 52.00 68.00 85.00 102.00 59.00
Common Shares Outstanding 52,077.44 43,072.49 42,859.46 42,818.66 42,766.50 42,692.58 37,963.92 37,958.00 37,953.71 37,949.42 26,464.98 26,443.07 26,443.07 26,443.07 26,443.07 26,443.07 26,439.22 18,786.16 18,786.16 18,746.16
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 Expenses 25,184.00 16,151.00 8,144.00 -8,701.00 18,262.00 11,379.00 5,741.00 -9,935.00 15,419.00 10,262.00 5,521.00 -6,463.00 10,028.00 6,900.00 3,536.00 -7,357.00 10,400.00 6,984.00 3,619.00
   Selling, General and Administrative Expenses 7,269.00 4,673.00 2,488.00 -3,891.00 5,675.00 3,775.00 2,065.00 -3,833.00 5,986.00 4,101.00 1,903.00 -2,830.00 4,459.00 2,971.00 1,562.00 -2,260.00 3,506.00 2,422.00 1,213.00
   Research and Development Expenses 17,915.00 11,478.00 5,656.00 -4,810.00 12,587.00 7,604.00 3,676.00 -6,102.00 9,433.00 6,161.00 3,618.00 -3,633.00 5,569.00 3,929.00 1,974.00 -5,097.00 6,894.00 4,562.00 2,406.00
   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 -25,184.00 -16,151.00 -8,144.00 8,701.00 -18,262.00 -11,379.00 -5,741.00 9,935.00 -15,419.00 -10,262.00 -5,521.00 6,463.00 -10,028.00 -6,900.00 -3,536.00 7,357.00 -10,400.00 -6,984.00 -3,619.00
Net Non-Operating Income 1,176.00 757.00 443.00 -1,192.00 1,739.00 1,123.00 597.00 -74.00 1,220.00 527.00 256.00 146.00 124.00 48.00 35.00 -99.00 75.00 102.00 4.00
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 1,197.00 757.00 444.00 2,301.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
EBT -24,008.00 -15,394.00 -7,701.00 7,509.00 -16,523.00 -10,256.00 -5,144.00 9,861.00 -14,199.00 -9,735.00 -5,265.00 6,609.00 -9,904.00 -6,852.00 -3,501.00 7,258.00 -10,325.00 -6,882.00 -3,615.00
Income Tax 18.00 12.00 6.00 -12.00 21.00 14.00 7.00 1.00 21.00 14.00 7.00 -14.00 21.00 14.00 7.00 -14.00 21.00 14.00 7.00
Net Income -24,026.00 -15,406.00 0 0 -16,544.00 -10,270.00 -5,151.00 0 -14,220.00 -9,749.00 -5,272.00 0 -9,925.00 -6,866.00 -3,508.00 7,272.00 -10,346.00 -6,896.00 -3,622.00
EBIT -24,008.00 -15,394.00 -7,701.00 7,509.00 -16,523.00 -10,256.00 -5,144.00 9,861.00 -14,199.00 -9,735.00 -5,265.00 6,609.00 -9,904.00 -6,852.00 -3,501.00 7,258.00 -10,325.00 -6,882.00 -3,615.00
Deprecation and Amortization 32.00 14.00 11.00 -15.00 28.00 18.00 8.00 -13.00 22.00 14.00 7.00 -12.00 19.00 12.00 6.00 -12.00 18.00 12.00 6.00
EBITDA -23,976.00 -15,380.00 -7,690.00 7,494.00 -16,495.00 -10,238.00 -5,136.00 9,848.00 -14,177.00 -9,721.00 -5,258.00 6,597.00 -9,885.00 -6,840.00 -3,495.00 7,246.00 -10,307.00 -6,870.00 -3,609.00
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 -0.00 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 45,168.75 42,901.09 42,843.94 46,043.36 39,604.18 38,013.19 37,958.00 46,183.76 30,751.33 26,882.86 26,448.94 26,443.07 26,443.07 26,443.07 26,443.07 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 -21,297.00 -14,747.00 -7,149.00 11,391.00 -15,642.00 -11,172.00 -6,653.00 11,396.00 -14,916.00 -10,119.00 -5,089.00 7,506.00 -8,745.00 -6,384.00 -3,888.00 7,911.00 -9,448.00 -6,402.00 -4,313.00
   Operating Net Income -24,026.00 -15,406.00 -15,414.00 -16,923.00 -16,544.00 -10,270.00 -5,151.00 -9,521.00 -14,220.00 -9,749.00 -5,272.00 -7,053.00 -9,925.00 -6,866.00 -3,508.00 7,272.00 -10,346.00 -6,896.00 -3,622.00
   Deprecation and Amortization 32.00 14.00 11.00 -15.00 28.00 18.00 8.00 -13.00 22.00 14.00 7.00 -12.00 19.00 12.00 6.00 -12.00 18.00 12.00 6.00
   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 2,654.00 1,638.00 867.00 -830.00 1,496.00 931.00 488.00 -768.00 1,227.00 802.00 422.00 -570.00 1,091.00 673.00 308.00 -1,170.00 1,260.00 957.00 511.00
   Change in Working Capital -1,060.00 -2,052.00 -1,417.00 -2,074.00 2,531.00 1,732.00 1,305.00 -1,634.00 1,035.00 272.00 1,314.00 -523.00 63.00 412.00 645.00 976.00 -422.00 -701.00 -488.00
   Other Operating Activities 1,103.00 1,059.00 8,804.00 31,233.00 -3,153.00 -3,583.00 -3,303.00 23,332.00 -2,980.00 -1,458.00 -1,560.00 15,664.00 7.00 -615.00 -1,339.00 845.00 42.00 226.00 -720.00
Investing Cash Flow -10,187.00 15,579.00 6,622.00 -7,947.00 3,359.00 8,944.00 4,208.00 29,234.00 -24,423.00 -25,619.00 2,509.00 -2,232.00 6,814.00 4,742.00 2,214.00 -9,660.00 -11,848.00 980.00 -9.00
   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 34.00 18.00 12.00 -11.00 18.00 9.00 9.00 -15.00 21.00 11.00 7.00 26.00 49.00 6.00 0 -19.00 17.00 15.00 11.00
   Net Purchase/Sale of Investments Net 92,295.00 48,337.00 20,366.00 -42,042.00 82,623.00 45,047.00 23,783.00 -86,169.00 104,672.00 79,878.00 22,164.00 -64,406.00 78,653.00 59,768.00 28,972.00 -39,859.00 83,645.00 51,479.00 23,844.00
   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 -102,516.00 -32,776.00 -13,756.00 34,106.00 -79,282.00 -36,112.00 -19,584.00 115,418.00 -129,116.00 -105,508.00 -19,662.00 62,148.00 -71,888.00 -55,032.00 -26,758.00 30,218.00 -95,510.00 -50,514.00 -23,864.00
Financing Cash Flow 31,785.00 252.00 91.00 -11,630.00 11,874.00 11,751.00 -1.00 -36,849.00 36,843.00 36,849.00 -1.00 3.00 -5.00 -3.00 -1.00 -502.00 30,106.00 241.00 242.00
   Net Issuance/Repayment of Debt 8.00 5.00 3.00 -1.00 6.00 3.00 1.00 -3.00 5.00 3.00 1.00 -3.00 5.00 3.00 1.00 -4.00 5.00 3.00 2.00
   Net Issuance/Repurchase of Equity 33,849.00 257.00 94.00 -11,631.00 11,880.00 11,754.00 0 -36,852.00 36,848.00 36,852.00 0 0 0 0 0 -506.00 30,111.00 244.00 244.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -2,072.00 -10.00 -6.00 2.00 -12.00 -6.00 -2.00 6.00 -10.00 -6.00 -2.00 6.00 -10.00 -6.00 -2.00 8.00 -10.00 -6.00 -4.00
Net Change in Cash 301.00 1,084.00 -436.00 -8,186.00 -409.00 9,523.00 -2,446.00 3,781.00 -2,496.00 1,111.00 -2,581.00 5,277.00 -1,936.00 -1,645.00 -1,675.00 -2,251.00 8,810.00 -5,181.00 -4,080.00
   Cash at Beginning of Period 3,025.00 3,025.00 3,025.00 11,211.00 4,543.00 4,543.00 4,543.00 762.00 4,728.00 4,728.00 4,728.00 -549.00 4,707.00 4,707.00 0 6,958.00 7,409.00 7,409.00 7,409.00
   Cash at End of Period 3,326.00 4,109.00 2,589.00 3,025.00 4,134.00 14,066.00 2,097.00 4,543.00 2,232.00 5,839.00 2,147.00 4,728.00 2,771.00 3,062.00 0 4,707.00 16,219.00 2,228.00 3,329.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0