Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -7.65 -18.15 -12.80
Price to Sales 299.88 87.51 14.79 32.60 21.16
Book Value Per Common Share 12.24 9.55 7.25 7.82 6.71
Price to Book 2.10 3.73 2.51 3.02 2.09
Price to Operating Cash Flow -8.48 -17.76 -8.64 -16.33 7.46
Price to Free Cash Flow -8.35 -17.40 -8.31 -15.59 7.52
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 20.16 -23.89 -19.98 -52.80 -51.63 -82.79 -58.65 -47.00 -28.02 373.00 -24.21
Price to Sales 11.59 201.34 373.02 84.28 20.25 91.21 38.06 109.21 79.18 104.63
Book Value Per Common Share 12.46 10.95 11.70 12.24 13.67 12.24 12.51 9.55 8.67 8.73 6.90 7.25 7.67 6.96 7.47 7.82 8.26 7.27 7.22 6.71
Price to Book 2.18 1.92 1.40 2.10 2.32 2.87 3.51 3.73 3.11 2.69 1.99 2.51 1.95 1.98 1.50 3.02 3.09 2.89 3.25 2.09
Price to Operating Cash Flow 29.42 -29.77 -23.99 -29.34 -83.24 -75.23 -27.90 -39.51 -23.85 -13.72 -26.69 -22.01 -37.43 -53.63 -55.26
Price to Free Cash Flow -23.47 -73.01 -23.82 -21.57 -51.49
Enterprise Value to EBITDA 194180.04 2196112.36

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY -70.07 -54.08 82.28 43.01
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 126.81 -55.03 95.92 407.59 -48.49 283.49 2.51 20.82
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 8.28 9.13 8.80 6.40 9.60
Quick Ratio 14.68 19.38 11.51 5.49 7.39
Current Ratio 14.97 19.65 11.68 5.56 7.47
Debt to Equity 0.06 0.05 0.11 0.26 0.50
Long-Term Debt to Equity 0.02 0.00 0.02 0.12 0.31
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 8.89 7.57 7.84 7.82 10.67 9.00 9.30 8.07 7.81 8.78 7.02 7.57 9.58 6.95 6.54 6.40 6.88 8.30 9.37 9.60
Quick Ratio 14.68 22.63 17.22 28.00 19.38 19.10 19.49 11.40 11.51 11.91 4.63 4.45 5.49 6.87 7.70 8.45 7.39
Current Ratio 12.44 12.39 13.92 14.97 22.93 17.50 28.42 19.65 19.37 19.80 11.53 11.68 12.02 4.69 4.50 5.56 6.96 7.82 8.53 7.47
Debt to Equity 0.09 0.09 0.07 0.06 0.05 0.05 0.03 0.05 0.05 0.05 0.09 0.11 0.11 0.26 0.24 0.26 0.26 0.37 0.40 0.50
Long-Term Debt to Equity 0.03 0.03 0.03 0.02 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.04 0.05 0.12 0.14 0.22 0.24 0.31

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -24.42 -17.40 -15.12 -13.05 -11.57
ROE -25.91 -18.19 -16.78 -16.50 -17.40
Gross Margin
Operating Margin -3921.10 -483.05 -115.17 -178.10 -176.55
EBITDA Margin -3643.97 -450.78 -112.41 -165.36 -166.53
Net Profit Margin -3921.10 -483.05 -115.17 -178.10 -176.55
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 10.06 -7.44 -6.56 -4.18 -5.42 -4.12 -5.15 -5.29 -6.48 0.39 -6.53 -3.90 -2.90 -3.33 -2.77
ROE 10.92 -8.07 -7.05 -4.39 -5.66 -4.23 -5.40 -5.57 -7.08 0.44 -8.19 -4.85 -3.65 -4.56 -3.87
Gross Margin
Operating Margin 57.37 -341.38 -787.98 -300.00 5.44 -376.96 -123.36 -129.03 -125.02 -124.48
EBITDA Margin 59.11 -302.35 -744.07 -292.42 11.00 -353.50 -116.21 -109.50 -114.87 -112.94
Net Profit Margin 57.37 -341.38 -787.98 -300.00 5.44 -376.96 -123.36 -129.03 -125.02 -124.48

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 1,124,091.00 649,316.00 387,969.00 381,347.00 298,269.00
   Current Assets 689,713.00 532,632.00 370,454.00 250,996.00 288,605.00
      Cash and Short-Term Investments 676,319.00 525,114.00 364,829.00 246,770.00 283,585.00
            Cash and Cash Equivalents 84,378.00 157,018.00 68,632.00 92,046.00 72,037.00
            Short-Term Investments 591,941.00 368,096.00 296,197.00 154,724.00 211,548.00
      Net Receivables 3.00 18.00 211.00 1,103.00 1,877.00
      Inventory 0 0 0 0 0
      Other Current Assets 13,391.00 7,500.00 5,414.00 3,123.00 3,143.00
   Non-Current Assets 434,378.00 116,684.00 17,515.00 130,351.00 9,664.00
      Property, Plant, Equipment Net 27,741.00 8,410.00 8,993.00 8,661.00 9,476.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 405,832.00 107,492.00 8,317.00 121,293.00 0
      Non-Current Deferred Assets 0 0 2,881.00 12,575.00 17,332.00
      Other Non-Current Assets 805.00 782.00 -2,676.00 -12,178.00 -17,144.00
Liabilities 64,944.00 28,226.00 38,514.00 79,833.00 99,995.00
   Current Liabilities 46,071.00 27,101.00 31,718.00 45,159.00 38,640.00
      Payables and Expenses 45,773.00 25,354.00 21,279.00 14,420.00 9,469.00
            Account Payables 15,421.00 6,598.00 4,280.00 2,100.00 953.00
            Current Accrued Liabilities 30,352.00 18,756.00 16,999.00 12,320.00 8,516.00
      Short-Term Debt 298.00 1,747.00 1,871.00 1,699.00 1,540.00
      Other Current Liabilities 0.00 0.00 8,568.00 29,040.00 27,631.00
   Non-Current Liabilities 18,873.00 1,125.00 6,796.00 34,674.00 61,355.00
      Long-Term Debt 18,873.00 1,125.00 1,611.00 3,482.00 5,183.00
      Other Non-Current Liabilities 0.00 0.00 5,185.00 31,192.00 56,172.00
Equity 1,059,147.00 621,090.00 349,455.00 301,514.00 198,274.00
   Shareholders Equity 1,059,147.00 621,090.00 349,455.00 301,514.00 198,274.00
      Capital Stock 9.00 7.00 5.00 4.00 3.00
      Share Premium 1,681,167.00 968,885.00 587,724.00 478,970.00 325,250.00
      Retained Earnings -622,841.00 -348,364.00 -235,403.00 -176,748.00 -126,986.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 812.00 562.00 -2,871.00 -712.00 7.00
   Minority Interest 0 0 0 0 0
Investments 997,773.00 475,588.00 304,514.00 276,017.00 211,548.00
Debt 19,171.00 2,872.00 3,482.00 5,181.00 6,723.00
Common Shares Outstanding 86,503.51 65,039.37 48,193.18 38,533.04 29,537.22
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 7,000.00 23,385.00 50,931.00 27,941.00 19,538.00
Operating Expenses 333,975.00 157,814.00 113,433.00 78,209.00 54,882.00
   Selling, General and Administrative Expenses 39,302.00 28,306.00 23,897.00 20,051.00 15,184.00
   Research and Development Expenses 294,673.00 129,508.00 89,536.00 58,158.00 39,698.00
   Other Operating Expenses 0.00 0.00 0.00 0.00 0.00
Operating Income -326,975.00 -134,429.00 -62,502.00 -50,268.00 -35,344.00
Net Non-Operating Income 52,498.00 21,468.00 3,847.00 506.00 849.00
Interest Expense 0.00 0.00 0.00 0.00 0.00
EBT -274,477.00 -112,961.00 -58,655.00 -49,762.00 -34,495.00
Income Tax 0.00 0.00 0.00 0.00 0.00
Net Income -274,477.00 -112,961.00 -58,655.00 -49,762.00 -34,495.00
EBIT -274,477.00 -112,961.00 -58,655.00 -49,762.00 -34,495.00
Deprecation and Amortization 19,399.00 7,545.00 1,406.00 3,559.00 1,959.00
EBITDA -255,078.00 -105,416.00 -57,249.00 -46,203.00 -32,536.00
EPS -0.00 -0.00 -0.00 0 0
Diluted EPS -0.00 -0.00 -0.00 0 0
Average Shares Outstanding Basic 81,678.07 57,519.93 41,444.70 0 0
Average Shares Outstanding Diluted 81,678.07 57,519.93 41,444.70 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -247,584.00 -115,224.00 -87,175.00 -55,779.00 55,463.00
   Operating Net Income -274,477.00 -112,961.00 -58,655.00 -49,762.00 -34,495.00
   Deprecation and Amortization -19,399.00 -7,545.00 1,406.00 3,559.00 1,959.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 34,746.00 18,489.00 11,629.00 8,237.00 3,609.00
   Change in Working Capital 2,121.00 -12,970.00 -45,842.00 -21,790.00 81,611.00
   Other Operating Activities 9,425.00 -237.00 4,287.00 3,977.00 2,779.00
Investing Cash Flow -502,559.00 -158,456.00 -33,404.00 -69,666.00 -146,243.00
   Capital Expenditure -3,857.00 -2,368.00 -3,443.00 -2,644.00 -493.00
   Net Purchase/Sale of PPE -3,857.00 -2,368.00 -3,443.00 -2,644.00 -493.00
   Net Purchase/Sale of Investments Net -498,702.00 -156,088.00 -255,808.00 -314,996.00 -242,314.00
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 3,857.00 2,368.00 229,290.00 250,618.00 97,057.00
Financing Cash Flow 677,551.00 362,717.00 97,165.00 145,454.00 128,750.00
   Net Issuance/Repayment of Debt 0 0 0 0 0
   Net Issuance/Repurchase of Equity 297,672.00 334,119.00 88,308.00 88,191.00 122,168.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 379,879.00 28,598.00 8,857.00 57,263.00 6,582.00
Net Change in Cash -72,592.00 89,037.00 -23,414.00 20,009.00 37,970.00
   Cash at Beginning of Period 157,775.00 68,738.00 92,152.00 72,143.00 34,173.00
   Cash at End of Period 85,183.00 157,775.00 68,738.00 92,152.00 72,143.00
Free Cash Flow -251,441.00 -117,592.00 -90,618.00 -58,423.00 54,970.00
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
Assets 1,185,136.00 1,041,270.00 1,100,641.00 1,124,091.00 1,239,873.00 973,663.00 961,527.00 649,316.00 532,942.00 527,557.00 364,746.00 387,969.00 410,907.00 338,007.00 358,867.00 381,347.00 399,444.00 328,401.00 326,097.00 298,269.00
   Current Assets 802,655.00 685,602.00 707,872.00 689,713.00 932,214.00 713,179.00 709,353.00 532,632.00 482,182.00 501,788.00 343,958.00 370,454.00 393,437.00 272,189.00 256,049.00 250,996.00 268,963.00 279,789.00 308,158.00 288,605.00
      Cash and Short-Term Investments 786,894.00 669,738.00 692,508.00 676,319.00 920,029.00 701,658.00 698,772.00 525,114.00 468,751.00 493,716.00 339,470.00 364,829.00 386,244.00 268,620.00 252,599.00 246,770.00 264,551.00 274,176.00 302,321.00 283,585.00
            Cash and Cash Equivalents 298,927.00 114,645.00 129,996.00 84,378.00 400,283.00 183,049.00 108,345.00 157,018.00 151,850.00 102,843.00 67,237.00 68,632.00 101,954.00 49,106.00 55,291.00 92,046.00 108,428.00 90,427.00 136,752.00 72,037.00
            Short-Term Investments 487,967.00 555,093.00 562,512.00 591,941.00 519,746.00 518,609.00 590,427.00 368,096.00 316,901.00 390,873.00 272,233.00 296,197.00 284,290.00 219,514.00 197,308.00 154,724.00 156,123.00 183,749.00 165,569.00 211,548.00
      Net Receivables 0 0 0 3.00 20.00 1.00 15.00 18.00 6,703.00 160.00 468.00 211.00 3,449.00 288.00 697.00 1,103.00 1,018.00 1,325.00 2,922.00 1,877.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 15,761.00 15,864.00 15,364.00 13,391.00 12,165.00 11,520.00 10,566.00 7,500.00 6,728.00 7,912.00 4,020.00 5,414.00 3,744.00 3,281.00 2,753.00 3,123.00 3,394.00 4,288.00 2,915.00 3,143.00
   Non-Current Assets 382,481.00 355,668.00 392,769.00 434,378.00 307,659.00 260,484.00 252,174.00 116,684.00 50,760.00 25,769.00 20,788.00 17,515.00 17,470.00 65,818.00 102,818.00 130,351.00 130,481.00 48,612.00 17,939.00 9,664.00
      Property, Plant, Equipment Net 31,716.00 32,732.00 33,299.00 27,741.00 26,620.00 8,427.00 8,689.00 8,410.00 7,539.00 8,562.00 8,828.00 8,993.00 9,527.00 10,367.00 8,828.00 8,661.00 8,941.00 9,461.00 9,642.00 9,476.00
      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 349,960.00 322,131.00 358,665.00 405,832.00 280,128.00 251,071.00 242,636.00 107,492.00 42,394.00 16,377.00 11,740.00 8,317.00 7,691.00 55,171.00 93,628.00 121,293.00 121,217.00 38,254.00 8,080.00 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 2,881.00 0 0 0 12,575.00 0 0 0 17,332.00
      Other Non-Current Assets 805.00 805.00 805.00 805.00 911.00 986.00 849.00 782.00 827.00 830.00 220.00 -2,676.00 252.00 280.00 362.00 -12,178.00 323.00 897.00 217.00 -17,144.00
Liabilities 93,102.00 81,617.00 76,506.00 64,944.00 59,455.00 42,005.00 26,216.00 28,226.00 24,893.00 25,948.00 30,936.00 38,514.00 42,138.00 68,686.00 70,200.00 79,833.00 81,815.00 88,141.00 92,971.00 99,995.00
   Current Liabilities 64,509.00 55,338.00 50,846.00 46,071.00 40,659.00 40,742.00 24,960.00 27,101.00 24,893.00 25,337.00 29,820.00 31,718.00 32,727.00 58,089.00 56,957.00 45,159.00 38,637.00 35,771.00 36,129.00 38,640.00
      Payables and Expenses 63,691.00 55,020.00 50,538.00 45,773.00 40,659.00 40,136.00 23,809.00 25,354.00 21,357.00 20,558.00 21,650.00 21,279.00 20,633.00 20,457.00 15,992.00 14,420.00 14,044.00 12,018.00 9,037.00 9,469.00
            Account Payables 18,433.00 17,270.00 17,631.00 15,421.00 12,567.00 15,886.00 6,290.00 6,598.00 5,169.00 5,868.00 4,376.00 4,280.00 3,645.00 4,227.00 3,364.00 2,100.00 2,152.00 2,108.00 1,281.00 953.00
            Current Accrued Liabilities 45,258.00 37,750.00 32,907.00 30,352.00 28,092.00 24,250.00 17,519.00 18,756.00 16,188.00 14,690.00 17,274.00 16,999.00 16,988.00 16,230.00 12,628.00 12,320.00 11,892.00 9,910.00 7,756.00 8,516.00
      Short-Term Debt 328.00 318.00 308.00 298.00 0 606.00 1,151.00 1,747.00 2,097.00 1,961.00 1,915.00 1,871.00 1,827.00 1,783.00 1,741.00 1,699.00 1,658.00 1,618.00 1,578.00 1,540.00
      Other Current Liabilities 490.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,439.00 2,818.00 6,255.00 8,568.00 10,267.00 35,849.00 39,224.00 29,040.00 22,935.00 22,135.00 25,514.00 27,631.00
   Non-Current Liabilities 28,593.00 26,279.00 25,660.00 18,873.00 18,796.00 1,263.00 1,256.00 1,125.00 0.00 611.00 1,116.00 6,796.00 9,411.00 10,597.00 13,243.00 34,674.00 43,178.00 52,370.00 56,842.00 61,355.00
      Long-Term Debt 26,917.00 26,279.00 25,660.00 18,873.00 18,796.00 1,263.00 1,256.00 1,125.00 0 611.00 1,116.00 1,611.00 2,097.00 2,572.00 3,031.00 3,482.00 3,924.00 4,356.00 4,773.00 5,183.00
      Other Non-Current Liabilities 1,676.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0.00 0.00 5,185.00 7,314.00 8,025.00 10,212.00 31,192.00 39,254.00 48,014.00 52,069.00 56,172.00
Equity 1,092,034.00 959,653.00 1,024,135.00 1,059,147.00 1,180,418.00 931,658.00 935,311.00 621,090.00 508,049.00 501,609.00 333,810.00 349,455.00 368,769.00 269,321.00 288,667.00 301,514.00 317,629.00 240,260.00 233,126.00 198,274.00
   Shareholders Equity 1,092,034.00 959,653.00 1,024,135.00 1,059,147.00 1,180,418.00 931,658.00 935,311.00 621,090.00 508,049.00 501,609.00 333,810.00 349,455.00 368,769.00 269,321.00 288,667.00 301,514.00 317,629.00 240,260.00 233,126.00 198,274.00
      Capital Stock 9.00 9.00 9.00 9.00 9.00 8.00 7.00 7.00 6.00 6.00 5.00 5.00 5.00 4.00 4.00 4.00 4.00 3.00 3.00 3.00
      Share Premium 1,743,239.00 1,730,633.00 1,717,560.00 1,681,167.00 1,669,102.00 1,373,774.00 1,324,163.00 968,885.00 823,202.00 789,751.00 594,253.00 587,724.00 583,968.00 485,763.00 482,228.00 478,970.00 476,211.00 387,215.00 369,130.00 325,250.00
      Retained Earnings -653,266.00 -772,510.00 -695,019.00 -622,841.00 -492,529.00 -440,708.00 -387,936.00 -348,364.00 -314,409.00 -286,969.00 -259,043.00 -235,403.00 -211,202.00 -212,817.00 -190,761.00 -176,748.00 -158,536.00 -146,954.00 -136,007.00 -126,986.00
      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 2,052.00 1,521.00 1,585.00 812.00 3,836.00 -1,416.00 -923.00 562.00 -750.00 -1,179.00 -1,405.00 -2,871.00 -4,002.00 -3,629.00 -2,804.00 -712.00 -50.00 -4.00 0 7.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 837,927.00 877,224.00 921,177.00 997,773.00 799,874.00 769,680.00 833,063.00 475,588.00 359,295.00 407,250.00 283,973.00 304,514.00 291,981.00 274,685.00 290,936.00 276,017.00 277,340.00 222,003.00 173,649.00 211,548.00
Debt 27,245.00 26,597.00 25,968.00 19,171.00 18,796.00 1,869.00 2,407.00 2,872.00 2,097.00 2,572.00 3,031.00 3,482.00 3,924.00 4,355.00 4,772.00 5,181.00 5,582.00 5,974.00 6,351.00 6,723.00
Common Shares Outstanding 87,666.41 87,641.78 87,565.25 86,503.51 86,357.86 76,090.83 74,764.63 65,039.37 58,626.44 57,440.33 48,390.39 48,193.18 48,090.36 38,704.01 38,639.92 38,533.04 38,463.09 33,033.79 32,270.54 29,537.22
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 207,834.00 0 0 7,000.00 0.00 0.00 0.00 3,923.00 8,038.00 3,544.00 7,880.00 4,022.00 29,699.00 5,851.00 11,359.00 2,962.00 8,976.00 8,756.00 7,247.00
Operating Expenses 99,382.00 88,806.00 84,389.00 151,138.00 66,893.00 64,927.00 51,017.00 45,838.00 41,564.00 36,253.00 34,159.00 30,465.00 29,039.00 28,350.00 25,579.00 21,331.00 20,689.00 19,807.00 16,382.00
   Selling, General and Administrative Expenses 16,389.00 14,580.00 13,503.00 10,955.00 9,741.00 10,394.00 8,212.00 7,068.00 7,863.00 7,075.00 6,300.00 5,753.00 6,667.00 5,554.00 5,923.00 5,221.00 5,186.00 4,828.00 4,816.00
   Research and Development Expenses 82,993.00 74,226.00 70,886.00 140,183.00 57,152.00 54,533.00 42,805.00 38,770.00 33,701.00 29,178.00 27,859.00 24,712.00 22,372.00 22,796.00 19,656.00 16,110.00 15,503.00 14,979.00 11,566.00
   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 108,452.00 -88,806.00 -84,389.00 -144,138.00 -66,893.00 -64,927.00 -51,017.00 -41,915.00 -33,526.00 -32,709.00 -26,279.00 -26,443.00 660.00 -22,499.00 -14,220.00 -18,369.00 -11,713.00 -11,051.00 -9,135.00
Net Non-Operating Income 10,792.00 11,315.00 12,211.00 13,826.00 15,072.00 12,155.00 11,445.00 7,960.00 6,086.00 4,783.00 2,639.00 2,242.00 955.00 443.00 207.00 157.00 131.00 104.00 114.00
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
EBT 119,244.00 -77,491.00 -72,178.00 -130,312.00 -51,821.00 -52,772.00 -39,572.00 -33,955.00 -27,440.00 -27,926.00 -23,640.00 -24,201.00 1,615.00 -22,056.00 -14,013.00 -18,212.00 -11,582.00 -10,947.00 -9,021.00
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 119,244.00 -77,491.00 -72,178.00 -130,312.00 -51,821.00 -52,772.00 -39,572.00 -33,955.00 -27,440.00 -27,926.00 -23,640.00 -24,201.00 1,615.00 -22,056.00 -14,013.00 -18,212.00 -11,582.00 -10,947.00 -9,021.00
EBIT 119,244.00 -77,491.00 -72,178.00 -130,312.00 -51,821.00 -52,772.00 -39,572.00 -33,955.00 -27,440.00 -27,926.00 -23,640.00 -24,201.00 1,615.00 -22,056.00 -14,013.00 -18,212.00 -11,582.00 -10,947.00 -9,021.00
Deprecation and Amortization 3,597.00 1,459.00 2,645.00 -959.00 9,583.00 5,543.00 5,232.00 2,255.00 3,137.00 1,556.00 597.00 -2,432.00 1,652.00 1,373.00 813.00 81.00 1,753.00 889.00 836.00
EBITDA 122,841.00 -76,032.00 -69,533.00 -131,271.00 -42,238.00 -47,229.00 -34,340.00 -31,700.00 -24,303.00 -26,370.00 -23,043.00 -26,633.00 3,267.00 -20,683.00 -13,200.00 -18,131.00 -9,829.00 -10,058.00 -8,185.00
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 88,526.78 88,472.20 88,356.34 87,452.55 86,188.51 77,962.73 75,108.48 65,459.06 59,999.45 56,251.13 48,370.07 86,816.24 40,301.57 38,660.97 0 0.00 0 0 0
Average Shares Outstanding Diluted 89,690.88 88,472.20 88,356.34 87,452.55 86,188.51 77,962.73 75,108.48 65,459.06 59,999.45 56,251.13 48,370.07 86,008.24 41,109.57 38,660.97 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 81,872.00 -62,474.00 -60,342.00 -77,842.00 -93,047.00 -32,882.00 -43,813.00 4,094.00 -58,016.00 -33,460.00 -27,842.00 -3,723.00 -43,813.00 -19,992.00 -19,647.00 -2,933.00 -26,192.00 -12,930.00 -13,724.00
   Operating Net Income 47,066.00 -77,491.00 -72,178.00 -90,740.00 -91,393.00 -52,772.00 -39,572.00 -10,315.00 -51,080.00 -27,926.00 -23,640.00 -10,188.00 -12,398.00 -22,056.00 -14,013.00 -9,191.00 -20,603.00 -10,947.00 -9,021.00
   Deprecation and Amortization -3,597.00 -1,459.00 -2,645.00 959.00 -9,583.00 -5,543.00 -5,232.00 -2,255.00 -3,137.00 -1,556.00 -597.00 -2,432.00 1,652.00 1,373.00 813.00 81.00 1,753.00 889.00 836.00
   Deferred Income Tax 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0
   Share Based Compensation 22,454.00 11,868.00 10,237.00 3,173.00 15,527.00 9,734.00 6,312.00 1,139.00 8,960.00 4,731.00 3,659.00 370.00 5,610.00 3,044.00 2,605.00 146.00 4,115.00 2,058.00 1,918.00
   Change in Working Capital 4,307.00 -864.00 758.00 4,840.00 -8,475.00 9,339.00 -3,583.00 12,661.00 -13,828.00 -5,409.00 -6,394.00 7,307.00 -39,471.00 -4,551.00 -9,127.00 4,951.00 -12,737.00 -7,216.00 -6,788.00
   Other Operating Activities 11,642.00 5,472.00 3,486.00 3,926.00 877.00 6,360.00 -1,738.00 2,864.00 1,069.00 -3,300.00 -870.00 1,220.00 794.00 2,198.00 75.00 1,080.00 1,280.00 2,286.00 -669.00
Investing Cash Flow 121,584.00 45,918.00 79,817.00 156,862.00 -374,007.00 68,557.00 -353,971.00 -135,464.00 74,868.00 -121,381.00 23,521.00 7,485.00 -36,444.00 13,316.00 -17,761.00 -36,848.00 -19,872.00 -49,381.00 36,435.00
   Capital Expenditure 0.00 0.00 -1,330.00 -2,532.00 0.00 0.00 -1,325.00 -2,325.00 0.00 0.00 -43.00 -3,042.00 0.00 0.00 -401.00 -1,641.00 0.00 0.00 -1,003.00
   Net Purchase/Sale of PPE -1,372.00 -663.00 -1,330.00 223.00 -1,782.00 -973.00 -1,325.00 -795.00 -646.00 -884.00 -43.00 401.00 -1,502.00 -1,941.00 -401.00 398.00 -1,461.00 -578.00 -1,003.00
   Net Purchase/Sale of Investments Net 122,956.00 46,581.00 81,147.00 156,639.00 -372,225.00 69,530.00 -352,646.00 290,583.00 -154,128.00 -220,247.00 -72,296.00 -1,201.00 -152,385.00 -37,922.00 -64,300.00 6,170.00 -188,120.00 -94,308.00 -38,738.00
   Net Purchase/Sale of Business 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0
   Net Loan & Lease Activity 0 0 0 0 0
   Other Investing Activities 0.00 0.00 1,330.00 2,532.00 0.00 0.00 1,325.00 -422,927.00 229,642.00 99,750.00 95,903.00 11,327.00 117,443.00 53,179.00 47,341.00 -41,775.00 169,709.00 45,505.00 77,179.00
Financing Cash Flow 26,444.00 1,205.00 26,143.00 -346,358.00 635,615.00 39,183.00 349,111.00 137,968.00 30,760.00 191,063.00 2,926.00 -329.00 96,350.00 491.00 653.00 -41,316.00 128,780.00 15,986.00 42,004.00
   Net Issuance/Repayment of Debt 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0
   Net Issuance/Repurchase of Equity 26,419.00 1,230.00 1,134.00 -346,293.00 635,642.00 -340,788.00 349,111.00 175,816.00 1,972.00 155,965.00 366.00 -200.00 87,289.00 557.00 662.00 599.00 29,610.00 57,870.00 112.00
   Dividends Paid 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0
   Other Financing Activities 25.00 -25.00 25,009.00 -65.00 -27.00 379,971.00 0.00 -37,848.00 28,788.00 35,098.00 2,560.00 -129.00 9,061.00 -66.00 -9.00 -41,915.00 99,170.00 -41,884.00 41,892.00
Net Change in Cash 229,900.00 -15,351.00 45,618.00 -267,338.00 168,561.00 74,858.00 -48,673.00 6,598.00 47,612.00 36,222.00 -1,395.00 3,433.00 16,093.00 -6,185.00 -36,755.00 -81,097.00 82,716.00 -46,325.00 64,715.00
   Cash at Beginning of Period 69,832.00 130,801.00 85,183.00 352,521.00 232,633.00 109,102.00 157,775.00 151,177.00 104,960.00 67,343.00 68,738.00 65,305.00 85,967.00 55,397.00 92,152.00 173,249.00 25,818.00 136,858.00 72,143.00
   Cash at End of Period 299,732.00 115,450.00 130,801.00 85,183.00 401,194.00 183,960.00 109,102.00 157,775.00 152,572.00 103,565.00 67,343.00 68,738.00 102,060.00 49,212.00 55,397.00 92,152.00 108,534.00 90,533.00 136,858.00
Free Cash Flow 0.00 0.00 -61,672.00 -206,303.00 0.00 0.00 -45,138.00 -89,707.00 0.00 0.00 -27,885.00 -70,570.00 0.00 0.00 -20,048.00 -43,696.00 0.00 0.00 -14,727.00