Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -1.11 -1.61 -3.46 -5.37
Price to Sales 0.96 1.30 2.06 1.71
Book Value Per Common Share 3.27 4.35 13.00 6.28
Price to Book 0.56 0.91 0.37 0.99
Price to Operating Cash Flow 9.19 806.12 19.18 -38.27
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
Price to Earnings -0.50 -1.11 -3.20 -1.37 -3.90 -5.72 -2.49 -4.67 -8.65 -6.01 -8.75 -27.68
Price to Sales 0.69 1.65 3.66 1.57 4.29 6.91 2.22 3.84 8.55 3.35 5.55 13.37
Book Value Per Common Share -2.16 -0.75 1.69 3.27 3.50 5.10 6.73 4.35 4.83 6.32 10.99 13.00 14.48 15.59 5.71 6.28 6.81
Price to Book -0.43 -1.95 0.95 0.56 0.63 0.80 0.57 0.91 0.80 0.63 0.41 0.37 0.41 0.41 1.26 0.99
Price to Operating Cash Flow 12.07 -15.29 12.13 14.21 88.91 649.15 535.42 -19.38 -13.44 49.06 -111.71 -75.05
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY 27.91 40.50 39.29
EBITDA YoY
Net Profit YoY 1173.53
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
Earning YoY
Revenue YoY 51.31 102.13 51.15 92.85 69.18 99.39 57.56 116.68 -60.05
EBITDA YoY
Net Profit YoY -97.77 104.21 -97.55 236.26

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 0.12 1.24 1.61 9.92
Quick Ratio
Current Ratio
Debt to Equity 2.24 2.15 2.56 1.08
Long-Term Debt to Equity
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
Cash Per Common Share 0.05 0.07 0.12 0.11 0.30 0.52 0.38 1.19 1.67 0.82 1.08 1.49 1.15 1.64 2.10 4.87 20.30
Quick Ratio
Current Ratio
Debt to Equity 2.58 2.39 2.35 2.24 2.30 2.27 2.29 2.15 2.03 2.87 2.70 2.56 2.35 1.88 1.52 1.08 0.97
Long-Term Debt to Equity

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 0.44 0.05 -2.14
ROE 1.38 0.19 -4.45
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin 6.22 0.69 -31.86
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
ROA -9.65 -6.82 -2.34 -7.46 -4.87 0.09 -3.46 0.04 0.02 0.03 0.01 -0.81 -0.69
ROE -34.51 -23.10 -7.84 -24.62 -15.90 0.30 -10.49 0.17 0.08 0.12 0.03 -2.05 -1.36
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin -137.03 -148.62 -114.71 -113.59 -108.41 3.90 -85.10 1.10 1.08 0.59 0.28 -49.12 -13.29

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 106,563.79 108,691.42 68,742.40 58,091.83
      Cash and Short-Term Investments 612.94 3,117.45 3,718.50 10,589.58
            Cash and Cash Equivalents 612.94 3,117.45 3,718.50 10,589.58
            Short-Term Investments 0 0 0 0
      Net Receivables 379.95 1,347.36 391.99 247.61
      Inventory 0 0 0 0
      Other Current Assets 0 0 0 0
      Property, Plant, Equipment Net 29,356.77 28,149.08 18,810.21 0
      Real Estate 173,856.20 179,955.64 98,600.02 90,661.32
      Goodwill 0 0 0 0
      Intangible Assets 6,683.70 7,989.74 3,155.36 2,309.16
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 0 0 0 0
Liabilities 73,710.45 74,170.05 49,444.56 30,145.52
      Payables and Expenses 0 0 0 0
            Account Payables 0 0 0 0
            Current Accrued Liabilities 0 0 0 0
      Short-Term Debt 0 0 0 0
      Other Current Liabilities 0 0 0 0
      Long-Term Debt 0 0 0 0
      Other Non-Current Liabilities 0 0 0 0
Equity 32,853.34 34,521.37 19,297.84 27,946.31
   Shareholders Equity 17,780.66 11,401.73 32,520.25 13,654.03
      Capital Stock 54.43 26.21 25.02 21.73
      Share Premium 30,217.05 19,670.05 21,703.52 19,051.93
      Retained Earnings -23,277.54 -14,833.06 -8,640.80 -5,419.62
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0
   Minority Interest 392.86 406.13 445.04 0
Investments 140.48 135.64 0 0
Debt 153,813.85 157,180.09 112,470.13 78,867.12
Net Debt 153,200.92 154,062.65 108,751.63 68,277.55
Common Shares Outstanding 5,443.19 2,620.71 2,501.64 2,172.95
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 9,762.64 7,632.60 5,432.46 3,900.10
Operating Expenses 14,894.98 11,088.85 8,161.13 5,695.97
   Selling, General and Administrative Expenses 2,109.27 1,734.13 1,647.99 1,111.03
   Other Operating Expenses 12,785.71 9,354.71 6,513.14 4,584.94
Operating Income -5,132.34 -3,456.25 -2,356.11 -1,601.69
Interest Expense 4,286.55 2,744.41 1,620.24 1,310.95
Net Interest -4,286.55 -2,744.41 -1,620.24 -1,310.95
EBT 0 0 0 0
Income Tax 0.00 0.00 0.00 0.00
Net Income Including Non-Controlling Interests -4,872.89 -800.80 -453.16 -1,772.53
Net Income Non-Controlling Interests 3,476.60 1,275.80 490.46 530.05
Net Income 0 475.00 37.30 -1,242.48
Deprecation and Amortization 5,896.19 3,349.98 1,583.26 1,078.85
EPS -0.00 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 5,163.96 2,520.44 2,313.11 1,067.60
Average Shares Outstanding Diluted 5,163.96 2,520.44 2,313.11 1,067.60
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 1,022.36 12.35 583.88 -173.76
   Operating Net Income -4,872.89 -4,441.47 -2,747.18 -712.43
   Deprecation and Amortization 5,896.19 3,349.98 1,583.26 1,078.85
   Deferred Income Tax 0 0 0 144.54
   Share Based Compensation 379.74 382.00 421.88 201.69
   Change in Working Capital 877.54 896.31 300.18 -22.90
   Other Operating Activities -1,258.22 -174.49 1,025.74 -863.51
Investing Cash Flow -5,773.32 -33,314.97 -13,281.25 -3,930.68
   Capital Expenditure 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 5,773.32 31,956.58 12,850.36 13,534.81
   Net Purchase/Sale of Investments Net 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities -11,546.65 -65,271.56 -26,131.61 -17,465.49
Financing Cash Flow 2,246.45 32,701.58 5,826.28 13,606.16
   Net Issuance/Repayment of Debt 0 4,000.00 1,500.00 0
   Net Issuance/Repurchase of Equity 0 0 0 14,375.86
   Dividends Paid 4,828.02 1,596.28 1,356.91 560.31
   Other Financing Activities -2,581.57 27,105.30 2,969.37 -1,330.01
Net Change in Cash -2,504.51 -601.05 -6,871.08 9,501.71
   Cash at Beginning of Period 3,151.95 3,753.00 10,624.08 1,122.36
   Cash at End of Period 647.44 3,151.95 3,753.00 10,624.08
Free Cash Flow 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
Assets 103,446.02 104,962.28 116,681.86 106,563.79 107,972.76 104,493.84 104,633.05 108,691.42 110,773.31 66,573.65 67,709.55 68,742.40 68,594.82 70,106.09 71,255.12 58,091.83 57,100.47
      Cash and Short-Term Investments 247.29 356.13 630.56 612.94 1,547.11 2,553.23 1,655.82 3,117.45 4,338.17 2,105.39 2,737.14 3,718.50 2,587.67 3,649.08 4,607.95 10,589.58 14,194.64
            Cash and Cash Equivalents 247.29 356.13 630.56 612.94 1,547.11 2,553.23 1,655.82 3,117.45 4,338.17 2,105.39 2,737.14 3,718.50 2,587.67 3,649.08 4,607.95 10,589.58 14,194.64
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 388.52 398.38 550.11 379.95 600.32 659.63 650.13 1,347.36 646.09 451.22 463.63 391.99 340.98 297.43 273.47 247.61 251.06
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Property, Plant, Equipment Net 26,064.19 30,026.84 31,737.46 29,356.77 29,356.06 27,357.36 27,367.71 28,149.08 28,166.62 18,768.07 18,789.06 18,810.21 18,831.52 18,852.94 6,297.09 0 0
      Real Estate 168,636.63 182,098.54 186,611.12 173,856.20 173,768.86 164,908.99 164,615.54 179,955.64 180,311.61 98,325.01 98,591.62 98,600.02 98,595.63 98,460.66 140,977.17 90,661.32 81,517.13
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 5,043.11 5,820.56 6,268.00 6,683.70 0 0 0 7,989.74 8,655.72 2,884.06 3,019.80 3,155.36 3,293.21 3,431.05 3,569.10 2,309.16 2,052.49
      Long-Term Investments 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
      Other Non-Current Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Liabilities 74,519.97 73,996.77 81,822.48 73,710.45 75,244.92 72,500.09 72,848.57 74,170.05 74,174.83 49,371.31 49,402.04 49,444.56 48,133.70 45,788.26 42,997.87 30,145.52 28,094.70
      Payables and Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
            Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
            Current Accrued Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Equity 28,926.05 30,965.51 34,859.39 32,853.34 32,727.83 31,993.75 31,784.49 34,521.37 36,598.48 17,202.33 18,307.50 19,297.84 20,461.12 24,317.83 28,257.24 27,946.31 29,005.77
   Shareholders Equity -11,780.29 -4,075.66 9,192.22 17,780.66 18,990.40 27,614.38 36,462.86 11,401.73 12,656.36 16,534.05 27,939.30 32,520.25 36,053.36 35,202.53 12,826.54 13,654.03 14,709.08
      Capital Stock 54.43 54.43 54.43 54.43 54.23 54.23 54.20 26.21 26.19 26.18 26.11 25.02 24.89 22.58 22.48 21.73 22.73
      Share Premium 29,277.80 29,019.05 29,019.05 30,217.05 30,327.54 30,232.61 30,787.56 19,670.05 19,881.62 20,068.58 20,297.60 21,703.52 21,902.77 18,584.98 18,804.22 19,051.93 19,256.83
      Retained Earnings -33,258.99 -30,432.03 -26,009.40 -23,277.54 -22,984.60 -20,015.00 -17,753.28 -14,833.06 -12,668.73 -10,839.83 -9,958.36 -8,640.80 -7,664.43 -7,025.51 -6,000.16 -5,419.62 -4,570.37
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.10
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 78.97 0 0 0 0 0 0 0 0
   Minority Interest 392.86 392.86 392.86 392.86 392.86 392.86 395.70 406.13 416.26 420.20 437.28 445.04 451.67 456.39 0 0 0
Investments 77.91 86.89 101.05 140.48 152.37 142.79 148.71 135.64 0 0 0 0 0 0 0 0 0
Debt 129,808.50 130,042.29 159,931.13 153,813.85 157,955.86 155,951.62 135,399.39 157,180.09 157,444.82 100,521.82 100,880.74 112,470.13 74,801.72 75,138.94 107,380.03 78,867.12 72,191.08
Net Debt 129,561.21 129,686.16 159,300.57 153,200.92 156,408.75 153,398.39 133,743.57 154,062.65 153,106.65 98,416.42 98,143.59 108,751.63 72,214.05 71,489.86 102,772.08 68,277.55 57,996.44
Common Shares Outstanding 5,447.77 5,443.19 5,443.19 5,443.19 5,419.85 5,419.85 5,419.85 2,620.71 2,619.23 2,617.54 0 2,501.64 2,489.28 2,257.79 2,247.77 2,172.95 2,160.20
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 2021-09-30
Revenues 7,283.97 4,813.86 2,381.59 -4,455.64 7,092.69 4,692.41 2,433.17 -880.42 4,510.06 2,665.92 1,337.04 -2,345.63 4,035.12 2,561.04 1,181.93 2,958.57
Operating Expenses 12,832.10 8,662.66 3,857.38 -7,235.90 11,133.39 7,363.67 3,633.82 -2,251.48 7,082.65 4,157.56 2,100.13 -3,216.58 5,832.95 3,813.07 1,731.68 3,919.09
   Selling, General and Administrative Expenses 1,643.46 1,058.27 505.38 -1,027.00 1,632.02 1,054.45 449.80 -546.82 1,233.67 703.14 344.15 -731.10 1,222.99 814.42 341.68 808.62
   Other Operating Expenses 11,188.64 7,604.39 3,352.00 -6,208.90 9,501.37 6,309.22 3,184.03 -1,704.66 5,848.97 3,454.42 1,755.98 -2,485.48 4,609.96 2,998.66 1,390.00 3,110.47
Operating Income -5,548.13 -3,848.80 -1,475.78 2,780.27 -4,040.70 -2,671.26 -1,200.65 1,112.86 -2,572.58 -1,297.77 -698.75 650.36 -1,518.41 -1,065.76 -422.30 -893.82
Interest Expense 4,429.45 3,267.02 1,182.27 -1,920.57 3,142.49 2,043.88 1,020.74 -367.35 1,706.59 935.96 469.21 -504.34 1,088.36 705.92 330.29 1,028.45
Net Interest -4,429.45 -3,267.02 -1,182.27 1,920.57 -3,142.49 -2,043.88 -1,020.74 367.35 -1,706.59 -935.96 -469.21 504.34 -1,088.36 -705.92 -330.29 -1,028.45
EBT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
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
Net Income Including Non-Controlling Interests -12,981.06 -9,044.99 -3,666.26 13,480.48 -10,668.94 -6,833.30 -851.12 4,058.73 -4,519.85 -226.87 -112.81 878.55 -363.11 -253.05 -715.55 -802.92
Net Income Non-Controlling Interests 2,999.61 1,890.51 934.40 -1,828.29 2,612.41 1,746.36 946.12 210.39 681.92 256.28 127.21 -291.65 386.95 260.14 135.02 409.69
Net Income -9,981.45 -7,154.49 -2,731.86 0 -8,056.54 -5,086.94 95.00 4,269.12 -3,837.93 29.41 14.40 586.90 23.84 7.09 -580.53 -393.23
Deprecation and Amortization 4,655.95 3,101.10 1,561.84 -1,956.33 4,323.18 2,381.33 1,148.01 712.26 1,371.49 844.25 421.99 -632.40 1,161.21 737.55 316.90 833.29
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
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
Average Shares Outstanding Basic 5,444.15 5,443.19 5,443.19 6,258.69 5,083.64 4,923.00 4,390.49 2,369.64 2,591.96 2,578.68 2,541.48 2,580.45 2,251.52 2,224.42 2,196.06 699.39
Average Shares Outstanding Diluted 5,444.15 5,443.19 5,443.19 6,258.69 5,083.64 4,923.00 4,390.49 2,369.64 2,591.96 2,578.68 2,541.48 2,580.45 2,251.52 2,224.42 2,196.06 699.39
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 2021-09-30
Operating Cash Flow 415.55 -519.83 718.21 -13.73 783.51 226.60 25.98 1,372.92 18.54 -528.15 -850.96 645.91 275.72 -127.25 -210.50 172.68
   Operating Net Income -6,981.84 -5,263.98 -1,797.46 5,790.93 -5,444.13 -3,340.58 -1,879.10 1,847.65 -3,156.01 -1,942.75 -1,190.35 934.87 -1,874.33 -1,362.21 -445.51 16.46
   Deprecation and Amortization 4,655.95 3,101.10 1,561.84 -1,956.33 4,323.18 2,381.33 1,148.01 712.26 1,371.49 844.25 421.99 -632.40 1,161.21 737.55 316.90 833.29
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 258.75 0 0 -189.87 284.80 189.87 94.94 -163.40 287.07 167.69 90.65 -219.00 328.91 218.04 93.93 153.64
   Change in Working Capital 1,619.97 810.01 1,137.76 -401.51 589.74 606.27 83.04 -2,274.24 1,681.53 826.73 662.29 -489.49 344.18 59.53 385.95 67.71
   Other Operating Activities 862.72 833.04 -183.92 -3,256.95 1,029.92 389.72 579.09 1,250.65 -165.53 -424.07 -835.54 1,051.93 315.74 219.84 -561.77 -898.42
Investing Cash Flow 10,333.59 10,333.59 0 187.57 -5,960.89 0 0 238.85 -33,314.97 -188.85 -50.00 25,859.97 -13,279.05 -13,161.57 -12,700.60 1,002.46
   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
   Net Purchase/Sale of PPE 10,333.59 10,333.59 0 -187.57 5,960.89 0 0 -17.54 31,959.57 14.55 0 -25,554.09 12,848.17 12,780.68 12,775.60 8,776.67
   Net Purchase/Sale of Investments Net 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
   Other Investing Activities 0.00 0.00 0 375.14 -11,921.78 0 0 256.39 -65,274.54 -203.41 -50.00 51,414.06 -26,127.22 -25,942.25 -25,476.20 -7,774.20
Financing Cash Flow -11,114.80 -10,070.57 -700.60 917.83 3,607.05 -790.82 -1,487.60 -238.05 33,916.11 -896.10 -80.39 -12,453.03 5,001.43 6,348.40 6,929.48 11,931.64
   Net Issuance/Repayment of Debt 1,610.00 1,610.00 0 0 0 0 0 0.00 4,000.00 0 0 1,500.00 0 0 0 0
   Net Issuance/Repurchase of Equity 0 0 0 0 0 0 0 0 12,000.00 0 0 0 0 0 0 14,379.50
   Dividends Paid 0 0 0 1,413.95 1,349.48 1,349.48 715.11 -309.46 1,004.79 603.47 297.48 -720.75 1,064.82 678.05 334.80 230.68
   Other Financing Activities -12,724.80 -11,680.57 -700.60 -496.13 2,257.56 -2,140.30 -2,202.71 12,071.41 16,911.32 -1,499.57 -377.87 -13,232.27 3,936.61 5,670.35 6,594.68 -2,678.55
Net Change in Cash -365.65 -256.81 17.62 1,091.67 -1,570.34 -564.21 -1,461.63 1,373.73 619.68 -1,613.10 -981.35 14,052.86 -8,001.91 -6,940.41 -5,981.62 13,106.77
   Cash at Beginning of Period 647.44 647.44 647.44 -444.23 3,151.95 3,151.95 3,151.95 1,778.22 3,753.00 3,753.00 3,753.00 -10,299.87 10,624.08 10,624.08 10,624.08 1,122.36
   Cash at End of Period 281.79 390.63 665.06 647.44 1,581.61 2,587.73 1,690.32 3,151.95 4,372.67 2,139.89 2,771.64 3,753.00 2,622.17 3,683.66 4,642.45 14,229.14
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0