Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -1.87 -7.85 -6.69
Price to Sales 7957.14 38.26 229.68 39.19
Book Value Per Common Share 11.15 7.15 7.09 9.90 19.22
Price to Book 0.50 2.84 3.13 2.22
Price to Operating Cash Flow -2.23 -10.46 -8.29 -10.23
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 -3.05 -2.02 -3.76 -5.20 -16.27 -48.27 -7.03 -11.09 -19.53 -3.24 -4.13
Price to Sales 4138.10 7420.00 10766.67 15442.86 34983.33 53100.00 23.25 1196.69 1889.01 137.91 163.08 400.00 40.83 39.06 579.17
Book Value Per Common Share 7.89 9.01 10.14 11.15 10.63 11.33 11.74 7.15 7.72 7.74 6.58 7.09 7.76 8.42 9.18 9.90 8.25 8.95 9.08 19.22
Price to Book 1.10 0.41 0.32 0.50 1.02 1.85 2.71 2.84 1.65 2.34 2.61 3.13 1.04 0.83 1.65 2.22 3.27 2.69 4.78
Price to Operating Cash Flow -3.53 -2.27 -3.77 -6.50 -18.50 -53.96 -9.43 -12.90 -20.16 -4.03 -5.18 -20.72 -15.49 -20.51 -75.33
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 -99.82 562.29 -82.65 32.52
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 310.34 107.14 9.09 17.86 3755.39 80.54 36.18 13.37 8.24 729.00
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 7.88 7.37 6.60 7.69 10.37
Quick Ratio 15.17 16.62
Current Ratio 14.92 15.65 14.02 15.69 16.88
Debt to Equity 0.10 0.10 0.13 0.11 0.12
Long-Term Debt to Equity 0.04 0.04 0.06 0.06 0.06
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 20.95 20.88 5.77 9.28 9.40 10.37 10.67 6.69 8.44 8.70 6.13 6.55 7.05 7.47 7.32 7.69 3.35 9.06 9.73 10.37
Quick Ratio 15.17 8.07 24.82 18.74 16.62
Current Ratio 8.42 8.75 12.36 14.92 17.33 28.48 32.65 15.65 18.07 23.11 18.36 14.02 17.14 17.20 20.10 15.69 14.57 25.20 19.01 16.88
Debt to Equity 0.15 0.13 0.10 0.10 0.09 0.05 0.05 0.10 0.10 0.08 0.12 0.13 0.11 0.11 0.10 0.11 0.07 0.06 0.11 0.12
Long-Term Debt to Equity 0.05 0.04 0.04 0.04 0.04 0.02 0.02 0.04 0.04 0.04 0.06 0.06 0.06 0.06 0.06 0.06 0.02 0.02 0.06 0.06

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -28.71 -29.67 -41.05 -20.18 -19.66
ROE -31.51 -32.76 -46.47 -22.35 -22.11
Gross Margin
Operating Margin -434778.38 -486.59 -3435.41 -395.37 -416.49
EBITDA Margin -397245.95 -452.85 -3345.25 -382.61 -405.89
Net Profit Margin -434778.38 -486.59 -3435.41 -395.37 -416.49
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 -37.62 -21.67 -9.30 -18.41 -10.86 -5.14 -18.96 -16.54 -11.75 -28.60 -17.97 -8.11 -19.21 -9.41 -6.07
ROE -43.23 -24.38 -10.21 -20.11 -11.45 -5.40 -20.78 -17.93 -13.12 -31.86 -19.97 -8.90 -20.63 -9.97 -6.77
Gross Margin
Operating Margin -134038.66 -353896.55 -342657.14 -308880.56 -204103.03 -115717.86 -330.51 -10836.06 -9624.83 -4256.91 -3938.06 -2160.62 -257.63 -144.72 -820.30
EBITDA Margin -126280.67 -332948.28 -321078.57 -280400.00 -184981.82 -107321.43 -306.40 -10193.87 -9018.46 -4193.04 -3897.40 -2144.22 -251.32 -140.19 -801.25
Net Profit Margin -134038.66 -353896.55 -342657.14 -308880.56 -204103.03 -115717.86 -330.51 -10836.06 -9624.83 -4256.91 -3938.06 -2160.62 -257.63 -144.72 -820.30

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 560,384.00 339,891.00 261,846.00 353,487.00 288,331.00
   Current Assets 434,932.00 296,588.00 220,511.00 256,280.00 282,656.00
      Cash and Short-Term Investments 424,877.00 288,232.00 213,554.00 247,777.00 276,726.00
            Cash and Cash Equivalents 149,336.00 249,108.00 52,351.00 153,001.00 276,726.00
            Short-Term Investments 275,541.00 39,124.00 161,203.00 94,776.00 0
      Net Receivables 0 0 0 47.00 1,486.00
      Inventory 0 0 0 0 0
      Other Current Assets 10,055.00 8,356.00 6,957.00 8,456.00 4,444.00
   Non-Current Assets 125,452.00 43,303.00 41,335.00 97,207.00 5,675.00
      Property, Plant, Equipment Net 61,708.00 43,165.00 48,447.00 43,453.00 5,073.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 80,583.00 10,954.00 4,908.00 67,652.00 0
      Non-Current Deferred Assets 254.00 348.00 539.00 993.00 3,111.00
      Other Non-Current Assets -17,093.00 -11,164.00 -12,559.00 -14,891.00 -2,509.00
Liabilities 49,778.00 32,062.00 30,509.00 34,380.00 31,944.00
   Current Liabilities 29,149.00 18,951.00 15,731.00 16,338.00 16,744.00
      Payables and Expenses 23,255.00 15,529.00 12,192.00 12,508.00 5,361.00
            Account Payables 4,386.00 3,515.00 3,322.00 4,764.00 1,787.00
            Current Accrued Liabilities 18,869.00 12,014.00 8,870.00 7,744.00 3,574.00
      Short-Term Debt 5,637.00 3,149.00 2,655.00 1,231.00 0
      Other Current Liabilities 257.00 273.00 884.00 2,599.00 11,383.00
   Non-Current Liabilities 20,629.00 13,111.00 14,778.00 18,042.00 15,200.00
      Long-Term Debt 18,969.00 11,522.00 13,469.00 15,217.00 0
      Other Non-Current Liabilities 1,660.00 1,589.00 1,309.00 2,825.00 0
Equity 510,606.00 307,829.00 231,337.00 319,107.00 256,387.00
   Shareholders Equity 510,606.00 307,829.00 231,337.00 319,107.00 512,874.00
      Capital Stock 5.00 4.00 3.00 3.00 3.00
      Share Premium 1,086,567.00 723,136.00 547,020.00 526,523.00 392,063.00
      Retained Earnings -576,195.00 -415,327.00 -314,490.00 -206,996.00 -135,679.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 229.00 16.00 -1,196.00 -423.00 0
   Minority Interest 0 0 0 0 0
Investments 356,124.00 50,078.00 166,111.00 162,428.00 0
Debt 24,606.00 14,671.00 16,124.00 16,448.00 0
Common Shares Outstanding 45,793.94 43,075.22 32,626.63 32,224.52 26,681.98
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 37.00 20,723.00 3,129.00 18,038.00 13,612.00
Operating Expenses 187,878.00 133,590.00 113,161.00 89,371.00 70,276.00
   Selling, General and Administrative Expenses 46,579.00 36,494.00 32,908.00 28,011.00 17,238.00
   Research and Development Expenses 141,299.00 97,096.00 80,253.00 61,360.00 53,038.00
   Other Operating Expenses 0.00 0.00 0.00 0.00 0.00
Operating Income -187,841.00 -112,867.00 -110,032.00 -71,333.00 -56,664.00
Net Non-Operating Income 26,973.00 12,030.00 2,538.00 16.00 -29.00
Interest Expense 0.00 0.00 0.00 0.00 0.00
Net Interest 27,050.00 12,211.00 2,573.00 137.00 152.00
EBT -160,868.00 -100,837.00 -107,494.00 -71,317.00 -56,693.00
Income Tax 0.00 0.00 0.00 0.00 0.00
Net Income -160,868.00 -100,837.00 -107,494.00 -71,317.00 -56,693.00
EBIT -160,868.00 -100,837.00 -107,494.00 -71,317.00 -56,693.00
Deprecation and Amortization 13,887.00 6,993.00 2,821.00 2,301.00 1,443.00
EBITDA -146,981.00 -93,844.00 -104,673.00 -69,016.00 -55,250.00
EPS -0.00 -0.00 -0.00 0 0
Diluted EPS -0.00 -0.00 -0.00 0 0
Average Shares Outstanding Basic 53,943.74 39,130.07 32,351.22 0 0
Average Shares Outstanding Diluted 53,943.74 39,130.07 32,351.22 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -134,585.00 -75,792.00 -86,685.00 -69,134.00 -50,909.00
   Operating Net Income -160,868.00 -100,837.00 -107,494.00 -71,317.00 -56,693.00
   Deprecation and Amortization 13,887.00 6,993.00 2,821.00 2,301.00 1,443.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 26,116.00 19,665.00 17,121.00 13,799.00 4,984.00
   Change in Working Capital 11,130.00 3,725.00 -3,880.00 -9,870.00 5,308.00
   Other Operating Activities -24,850.00 -5,338.00 4,747.00 -4,047.00 -5,951.00
Investing Cash Flow -302,437.00 115,717.00 -17,050.00 -172,680.00 -1,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 3,786.00 2,771.00 11,536.00 9,110.00 1,000.00
   Net Purchase/Sale of Investments Net 636,653.00 228,092.00 301,112.00 173,570.00 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -942,876.00 -115,146.00 -329,698.00 -355,360.00 -2,000.00
Financing Cash Flow 337,250.00 156,832.00 3,085.00 118,089.00 278,983.00
   Net Issuance/Repayment of Debt 0 0 0 0 0
   Net Issuance/Repurchase of Equity 346,712.00 148,344.00 823.00 114,296.00 278,983.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -9,462.00 8,488.00 2,262.00 3,793.00 0.00
Net Change in Cash -99,772.00 196,757.00 -100,650.00 -123,725.00 227,074.00
   Cash at Beginning of Period 249,108.00 52,351.00 153,001.00 276,726.00 49,652.00
   Cash at End of Period 149,336.00 249,108.00 52,351.00 153,001.00 276,726.00
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 423,982.00 473,637.00 515,729.00 560,384.00 604,028.00 620,117.00 629,884.00 339,891.00 361,613.00 352,503.00 244,021.00 261,846.00 280,164.00 302,936.00 324,926.00 353,487.00 240,618.00 254,934.00 270,114.00 288,331.00
   Current Assets 312,377.00 303,287.00 332,566.00 434,932.00 510,757.00 552,633.00 535,589.00 296,588.00 328,243.00 317,776.00 207,040.00 220,511.00 232,478.00 246,523.00 243,047.00 256,280.00 165,733.00 248,752.00 264,501.00 282,656.00
      Cash and Short-Term Investments 1,171,697.00 1,165,814.00 321,437.00 424,877.00 501,892.00 541,946.00 525,911.00 288,232.00 319,664.00 310,343.00 200,454.00 213,554.00 227,715.00 241,088.00 236,153.00 247,777.00 90,989.00 243,743.00 259,865.00 276,726.00
            Cash and Cash Equivalents 145,665.00 301,550.00 133,526.00 149,336.00 187,539.00 189,061.00 275,594.00 249,108.00 275,678.00 236,311.00 78,569.00 52,351.00 108,298.00 113,484.00 75,970.00 153,001.00 90,989.00 243,743.00 259,865.00 276,726.00
            Short-Term Investments 1,026,032.00 864,264.00 187,911.00 275,541.00 314,353.00 352,885.00 250,317.00 39,124.00 43,986.00 74,032.00 121,885.00 161,203.00 119,417.00 127,604.00 160,183.00 94,776.00 0 0 0 0
      Net Receivables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 47.00 791.00 1,218.00 965.00 1,486.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets -859,320.00 -862,527.00 11,129.00 10,055.00 8,865.00 10,687.00 9,678.00 8,356.00 8,579.00 7,433.00 6,586.00 6,957.00 4,763.00 5,435.00 6,894.00 8,456.00 73,953.00 3,791.00 3,671.00 4,444.00
   Non-Current Assets 111,605.00 170,350.00 183,163.00 125,452.00 93,271.00 67,484.00 94,295.00 43,303.00 33,370.00 34,727.00 36,981.00 41,335.00 47,686.00 56,413.00 81,879.00 97,207.00 74,885.00 6,182.00 5,613.00 5,675.00
      Property, Plant, Equipment Net 53,960.00 56,754.00 59,516.00 61,708.00 63,428.00 40,149.00 41,682.00 43,165.00 44,688.00 46,347.00 47,016.00 48,447.00 49,011.00 48,718.00 46,842.00 43,453.00 8,789.00 5,580.00 5,011.00 5,073.00
      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 268,660.00 495,224.00 137,004.00 80,583.00 48,779.00 35,715.00 62,942.00 10,954.00 0 0 1,405.00 4,908.00 11,122.00 20,532.00 48,362.00 67,652.00 0 0 0 0
      Non-Current Deferred Assets 0 0 0 254.00 0 0 0 348.00 0 0 0 539.00 0 0 0 993.00 0 0 0 3,111.00
      Other Non-Current Assets -211,015.00 -381,628.00 -13,357.00 -17,093.00 -18,936.00 -8,380.00 -10,329.00 -11,164.00 -11,318.00 -11,620.00 -11,440.00 -12,559.00 -12,447.00 -12,837.00 -13,325.00 -14,891.00 66,096.00 602.00 602.00 -2,509.00
Liabilities 54,999.00 52,747.00 46,006.00 49,778.00 51,080.00 31,777.00 29,323.00 32,062.00 31,679.00 27,359.00 25,415.00 30,509.00 28,720.00 30,419.00 28,870.00 34,380.00 16,484.00 14,288.00 27,683.00 31,944.00
   Current Liabilities 37,107.00 34,677.00 26,899.00 29,149.00 29,465.00 19,403.00 16,403.00 18,951.00 18,163.00 13,749.00 11,278.00 15,731.00 13,564.00 14,331.00 12,091.00 16,338.00 11,373.00 9,870.00 13,916.00 16,744.00
      Payables and Expenses 31,052.00 27,890.00 20,354.00 23,255.00 24,339.00 16,207.00 13,230.00 15,529.00 14,907.00 10,070.00 7,822.00 12,192.00 8,724.00 9,479.00 7,945.00 12,508.00 7,396.00 4,369.00 3,729.00 5,361.00
            Account Payables 6,863.00 8,700.00 4,151.00 4,386.00 2,924.00 3,431.00 4,217.00 3,515.00 4,713.00 3,493.00 2,408.00 3,322.00 1,480.00 3,316.00 2,681.00 4,764.00 3,713.00 1,962.00 1,284.00 1,787.00
            Current Accrued Liabilities 24,189.00 19,190.00 16,203.00 18,869.00 21,415.00 12,776.00 9,013.00 12,014.00 10,194.00 6,577.00 5,414.00 8,870.00 7,244.00 6,163.00 5,264.00 7,744.00 3,683.00 2,407.00 2,445.00 3,574.00
      Short-Term Debt 5,695.00 5,721.00 5,679.00 5,637.00 5,091.00 3,196.00 3,173.00 3,149.00 3,126.00 3,103.00 2,678.00 2,655.00 2,633.00 2,596.00 2,037.00 1,231.00 0 0 0 0
      Other Current Liabilities 360.00 1,066.00 866.00 257.00 35.00 0.00 0.00 273.00 130.00 576.00 778.00 884.00 2,207.00 2,256.00 2,109.00 2,599.00 3,977.00 5,501.00 10,187.00 11,383.00
   Non-Current Liabilities 17,892.00 18,070.00 19,107.00 20,629.00 21,615.00 12,374.00 12,920.00 13,111.00 13,516.00 13,610.00 14,137.00 14,778.00 15,156.00 16,088.00 16,779.00 18,042.00 5,111.00 4,418.00 13,767.00 15,200.00
      Long-Term Debt 16,568.00 17,356.00 18,174.00 18,969.00 19,743.00 10,460.00 10,998.00 11,522.00 12,031.00 12,527.00 13,005.00 13,469.00 13,919.00 14,402.00 14,782.00 15,217.00 0 0 0 0
      Other Non-Current Liabilities 1,324.00 714.00 933.00 1,660.00 1,872.00 1,914.00 1,922.00 1,589.00 1,485.00 1,083.00 1,132.00 1,309.00 1,237.00 1,686.00 1,997.00 2,825.00 0 0 0 0
Equity 368,983.00 420,890.00 469,723.00 510,606.00 552,948.00 588,340.00 600,561.00 307,829.00 329,934.00 325,144.00 218,606.00 231,337.00 251,444.00 272,517.00 296,056.00 319,107.00 224,134.00 240,646.00 242,431.00 256,387.00
   Shareholders Equity 368,983.00 420,890.00 469,723.00 510,606.00 552,948.00 588,340.00 600,561.00 307,829.00 329,934.00 325,144.00 218,606.00 231,337.00 251,444.00 272,517.00 296,056.00 319,107.00 224,134.00 240,646.00 242,431.00 512,874.00
      Capital Stock 5.00 5.00 5.00 5.00 5.00 5.00 5.00 4.00 4.00 4.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00
      Share Premium 1,104,008.00 1,099,373.00 1,093,553.00 1,086,567.00 1,078,388.00 1,071,309.00 1,048,393.00 723,136.00 712,440.00 697,583.00 562,045.00 547,020.00 540,403.00 535,761.00 530,808.00 526,523.00 406,239.00 400,317.00 394,513.00 392,063.00
      Retained Earnings -735,701.00 -678,825.00 -624,167.00 -576,195.00 -526,524.00 -482,681.00 -447,728.00 -415,327.00 -383,044.00 -372,788.00 -343,172.00 -314,490.00 -287,111.00 -261,420.00 -233,334.00 -206,996.00 -181,913.00 -159,674.00 -152,085.00 -135,679.00
      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 671.00 337.00 332.00 229.00 1,079.00 -293.00 -109.00 16.00 534.00 345.00 -270.00 -1,196.00 -1,851.00 -1,827.00 -1,421.00 -423.00 -195.00 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 1,294,692.00 1,359,488.00 324,915.00 356,124.00 363,132.00 388,600.00 313,259.00 50,078.00 43,986.00 74,032.00 123,290.00 166,111.00 130,539.00 148,136.00 208,545.00 162,428.00 0 0 0 0
Debt 22,263.00 23,077.00 23,853.00 24,606.00 24,834.00 13,656.00 14,171.00 14,671.00 15,157.00 15,630.00 15,683.00 16,124.00 16,552.00 16,998.00 16,819.00 16,448.00 0 0 0 0
Common Shares Outstanding 46,771.18 46,700.24 46,324.64 45,793.94 51,996.64 51,914.28 51,157.39 43,075.22 42,752.45 42,016.62 33,236.77 32,626.63 32,392.38 32,376.88 32,264.06 32,224.52 27,165.58 26,891.86 26,694.38 26,681.98
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
Revenues 119.00 29.00 14.00 -60.00 36.00 33.00 28.00 -855.00 20,742.00 538.00 298.00 -1,354.00 1,882.00 1,382.00 1,219.00 -18,488.00 17,946.00 16,580.00 2,000.00
Operating Expenses 174,381.00 113,106.00 53,635.00 -62,671.00 131,760.00 80,625.00 38,164.00 -56,550.00 96,957.00 62,779.00 30,404.00 -53,844.00 83,194.00 56,200.00 27,611.00 -33,944.00 64,515.00 40,488.00 18,312.00
   Selling, General and Administrative Expenses 36,293.00 24,456.00 12,936.00 -18,161.00 33,548.00 20,898.00 10,294.00 -14,164.00 25,889.00 16,777.00 7,992.00 -16,144.00 24,441.00 16,381.00 8,230.00 -10,711.00 20,683.00 12,496.00 5,543.00
   Research and Development Expenses 138,088.00 88,650.00 40,699.00 -44,510.00 98,212.00 59,727.00 27,870.00 -42,386.00 71,068.00 46,002.00 22,412.00 -37,700.00 58,753.00 39,819.00 19,381.00 -23,233.00 43,832.00 27,992.00 12,769.00
   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 -174,262.00 -113,077.00 -53,621.00 62,611.00 -131,724.00 -80,592.00 -38,136.00 55,695.00 -76,215.00 -62,241.00 -30,106.00 52,490.00 -81,312.00 -54,818.00 -26,392.00 15,456.00 -46,569.00 -23,908.00 -16,312.00
Net Non-Operating Income 14,756.00 10,447.00 5,649.00 -12,527.00 20,527.00 13,238.00 5,735.00 -998.00 7,661.00 3,943.00 1,424.00 893.00 1,197.00 394.00 54.00 -138.00 335.00 -87.00 -94.00
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 14,771.00 10,441.00 5,582.00 -12,571.00 20,583.00 13,293.00 5,745.00 -1,018.00 7,831.00 3,955.00 1,443.00 798.00 1,235.00 440.00 100.00 -333.00 449.00 14.00 7.00
EBT -159,506.00 -102,630.00 -47,972.00 50,084.00 -111,197.00 -67,354.00 -32,401.00 54,697.00 -68,554.00 -58,298.00 -28,682.00 53,383.00 -80,115.00 -54,424.00 -26,338.00 15,318.00 -46,234.00 -23,995.00 -16,406.00
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 0.00 0.00
Net Income -159,506.00 -102,630.00 -47,972.00 50,084.00 -111,197.00 -67,354.00 -32,401.00 54,697.00 -68,554.00 -58,298.00 -28,682.00 53,383.00 -80,115.00 -54,424.00 -26,338.00 15,318.00 -46,234.00 -23,995.00 -16,406.00
EBIT -159,506.00 -102,630.00 -47,972.00 50,084.00 -111,197.00 -67,354.00 -32,401.00 54,697.00 -68,554.00 -58,298.00 -28,682.00 53,383.00 -80,115.00 -54,424.00 -26,338.00 15,318.00 -46,234.00 -23,995.00 -16,406.00
Deprecation and Amortization 9,232.00 6,075.00 3,021.00 -5,027.00 10,253.00 6,310.00 2,351.00 -3,270.00 5,001.00 3,455.00 1,807.00 857.00 1,202.00 562.00 200.00 36.00 1,133.00 751.00 381.00
EBITDA -150,274.00 -96,555.00 -44,951.00 45,057.00 -100,944.00 -61,044.00 -30,050.00 51,427.00 -63,553.00 -54,843.00 -26,875.00 54,240.00 -78,913.00 -53,862.00 -26,138.00 15,354.00 -45,101.00 -23,244.00 -16,025.00
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 0.00 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 0.00 0 0 0
Average Shares Outstanding Basic 55,933.89 55,836.07 55,744.05 60,847.90 53,377.71 52,277.37 49,271.98 50,250.38 37,884.36 35,662.00 32,723.53 64,836.79 32,305.07 32,263.01 0 0.00 0 0 0
Average Shares Outstanding Diluted 55,933.89 55,836.07 55,744.05 60,847.90 53,377.71 52,277.37 49,271.98 50,250.38 37,884.36 35,662.00 32,723.53 64,836.79 32,305.07 32,263.01 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 -137,633.00 -91,135.00 -47,758.00 42,556.00 -88,722.00 -59,331.00 -29,088.00 53,227.00 -51,142.00 -49,971.00 -27,906.00 44,790.00 -64,471.00 -43,454.00 -23,550.00 25,113.00 -47,298.00 -31,577.00 -15,372.00
   Operating Net Income -159,506.00 -102,630.00 -47,972.00 50,084.00 -111,197.00 -67,354.00 -32,401.00 54,697.00 -68,554.00 -58,298.00 -28,682.00 53,383.00 -80,115.00 -54,424.00 -26,338.00 15,318.00 -46,234.00 -23,995.00 -16,406.00
   Deprecation and Amortization 9,232.00 6,075.00 3,021.00 -5,027.00 10,253.00 6,310.00 2,351.00 -3,270.00 5,001.00 3,455.00 1,807.00 857.00 1,202.00 562.00 200.00 36.00 1,133.00 751.00 381.00
   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 16,463.00 11,944.00 6,986.00 -10,444.00 18,538.00 12,048.00 5,974.00 -7,498.00 13,752.00 9,190.00 4,221.00 -7,842.00 12,775.00 8,255.00 3,933.00 -4,743.00 10,068.00 6,145.00 2,329.00
   Change in Working Capital 8,108.00 8,614.00 453.00 -1,567.00 9,660.00 3,737.00 -700.00 6,846.00 3,505.00 -2,182.00 -4,444.00 13,743.00 -7,557.00 -5,407.00 -4,659.00 26,861.00 -16,077.00 -16,366.00 -4,288.00
   Other Operating Activities -11,930.00 -15,138.00 -10,246.00 9,510.00 -15,976.00 -14,072.00 -4,312.00 2,452.00 -4,846.00 -2,136.00 -808.00 -15,351.00 9,224.00 7,560.00 3,314.00 -12,359.00 3,812.00 1,888.00 2,612.00
Investing Cash Flow 35,874.00 18,096.00 31,948.00 607,114.00 -309,496.00 -336,797.00 -263,258.00 -142,230.00 122,399.00 92,418.00 43,130.00 14,973.00 18,729.00 3,358.00 -54,110.00 -30,270.00 -140,389.00 -1,379.00 -642.00
   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 606.00 697.00 631.00 -820.00 2,837.00 1,059.00 710.00 -2,280.00 2,222.00 1,817.00 1,012.00 -13,799.00 10,443.00 8,479.00 6,413.00 3,075.00 4,014.00 1,379.00 642.00
   Net Purchase/Sale of Investments Net 565,922.00 517,753.00 300,733.00 -580,966.00 513,089.00 412,430.00 292,100.00 -144,988.00 164,933.00 134,547.00 73,600.00 -450,988.00 536,814.00 143,595.00 71,691.00 37,195.00 136,375.00 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 -530,654.00 -500,354.00 -269,416.00 1,188,900.00 -825,422.00 -750,286.00 -556,068.00 5,038.00 -44,756.00 -43,946.00 -31,482.00 479,760.00 -528,528.00 -148,716.00 -132,214.00 -70,540.00 -280,778.00 -2,758.00 -1,284.00
Financing Cash Flow 978.00 862.00 0 -654,312.00 336,649.00 336,081.00 318,832.00 -147,745.00 152,070.00 141,513.00 10,994.00 838.00 1,039.00 579.00 629.00 117,013.00 1,950.00 -27.00 -847.00
   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 0 0 0 -634,943.00 331,412.00 331,411.00 318,832.00 -151,087.00 148,343.00 140,025.00 11,063.00 823.00 0 0 0 114,197.00 0 0 99.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities 978.00 862.00 0 -19,369.00 5,237.00 4,670.00 0.00 3,342.00 3,727.00 1,488.00 -69.00 15.00 1,039.00 579.00 629.00 2,816.00 1,950.00 -27.00 -946.00
Net Change in Cash -100,781.00 -72,177.00 -15,810.00 -4,642.00 -61,569.00 -60,047.00 26,486.00 -236,748.00 223,327.00 183,960.00 26,218.00 60,601.00 -44,703.00 -39,517.00 -77,031.00 111,856.00 -185,737.00 -32,983.00 -16,861.00
   Cash at Beginning of Period 149,336.00 149,336.00 149,336.00 153,978.00 249,108.00 249,108.00 249,108.00 485,856.00 52,351.00 52,351.00 52,351.00 -8,250.00 153,001.00 153,001.00 153,001.00 41,145.00 276,726.00 276,726.00 276,726.00
   Cash at End of Period 48,555.00 77,159.00 133,526.00 149,336.00 187,539.00 189,061.00 275,594.00 249,108.00 275,678.00 236,311.00 78,569.00 52,351.00 108,298.00 113,484.00 75,970.00 153,001.00 90,989.00 243,743.00 259,865.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0