Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings
Price to Sales
Book Value Per Common Share -0.70 2.48 0.29 0.71
Price to Book
Price to Operating Cash Flow
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 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Price to Earnings -9.76 -10.07
Price to Sales 409.88 186.42
Book Value Per Common Share -0.32 0.04 0.36 -0.70 0.73 1.70 1.40 2.48 4.55 0.32 0.29 0.62 0.71 1.08 1.14 1.20
Price to Book -10.33 78.65
Price to Operating Cash Flow -15.40
Price to Free Cash Flow -14.59
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY 25.15 56.89 -87.60
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 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Earning YoY
Revenue YoY -49.81 -75.77 43.88 10.58 -40.91 -58.97 44.44 -79.14 -60.32 -51.53 80.61
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 0.66 1.23 184.35 0.40
Quick Ratio 1.41 1.38 1.85 2.69
Current Ratio 1.62 1.49 2.11 2.77
Debt to Equity -3.86 1.93 1.53 1.45
Long-Term Debt to Equity -3.27 1.65 1.22 1.23
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 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Cash Per Common Share 0.61 0.76 1.21 0.49 0.25 0.72 0.68 1.14 1722.87 0.10 0.17 0.23 0.40 0.48 0.53 0.67
Quick Ratio 2.57 3.73 3.57 1.41 0.39 1.30 0.69 1.38 2.01 1.51 1.85 1.66 2.69 3.39 2.46 6.25
Current Ratio 2.79 4.04 3.75 1.62 0.53 1.38 0.78 1.49 2.11 1.66 2.11 1.76 2.77 3.56 2.53 6.49
Debt to Equity -5.78 45.01 4.91 -3.86 6.23 2.29 3.19 1.93 0.92 0.91 1.53 1.57 1.45 0.69 0.73 0.21
Long-Term Debt to Equity -4.94 38.95 3.96 -3.27 5.29 1.97 2.70 1.65 0.73 0.69 1.22 1.32 1.23 0.56 0.54 0.12

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -172.92 -37.09 -72.84 -40.17
ROE 494.24 -108.55 -184.12 -98.28
Gross Margin 39.34 27.48 -1.88 2.43
Operating Margin -3220.57 -1650.23 -1934.76 -946.67
EBITDA Margin -3137.43 -1538.46 -1389.87 -892.25
Net Profit Margin -3225.04 -1848.37 -7609.81 -829.52
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 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
ROA -24.70 -19.28 -11.05 -19.22 -6.06 -0.01 -7.95 3.66 -7.04 -8.20 -5.92 -3.03
ROE 118.03 -887.25 -65.29 -138.95 -19.95 -0.06 -15.27 6.98 -18.06 -13.89 -10.22 -3.68
Gross Margin 53.46 67.57 61.97 43.48 48.08 -55.68 57.81 3.37 -37.43 -88.01 -19.41 34.34
Operating Margin -4163.46 -1875.87 -310.66 -11706.09 -4348.08 -5178.41 -1512.59 2009.76 -720.58 -1397.36 -602.86 -1015.57
EBITDA Margin -3938.85 -1767.95 -287.70 -11410.43 -4034.62 -4988.07 -1507.46 2168.69 -635.25 -1371.44 -592.71 -977.49
Net Profit Margin -4174.62 -1880.70 -312.02 -11733.04 -4355.77 -5.30 -1512.59 1021.21 -722.68 -1402.44 -516.90 -348.67

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 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 35,081.00 74,892.00 100,091.00 159,563.00 0
   Current Assets 11,759.00 10,698.00 25,536.00 39,143.00 0
      Cash and Short-Term Investments 8,636.00 9,432.00 20,426.00 36,509.00 0
            Cash and Cash Equivalents 8,636.00 9,432.00 19,993.00 35,605.00 0
            Short-Term Investments 0 0 433.00 904.00 675.00
      Net Receivables 1,613.00 484.00 2,012.00 1,437.00 0
      Inventory 410.00 0 0 0 0
      Other Current Assets 1,100.00 782.00 3,098.00 1,197.00 0
   Non-Current Assets 23,322.00 64,194.00 74,555.00 120,420.00 0
      Property, Plant, Equipment Net 8,366.00 6,909.00 12,907.00 7,285.00 0
      Goodwill 0 0 0 18,684.00 9,187.00
      Intangible Assets 14,607.00 56,595.00 61,633.00 91,245.00 0
      Long-Term Investments 0 0 0 0 13,417.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 349.00 690.00 15.00 3,206.00 0
Liabilities 47,355.00 49,298.00 60,497.00 94,346.00 0
   Current Liabilities 7,275.00 7,194.00 12,106.00 14,120.00 0
      Payables and Expenses 5,334.00 3,718.00 3,024.00 5,823.00 0
            Account Payables 2,279.00 953.00 1,253.00 2,447.00 0
            Current Accrued Liabilities 3,055.00 2,765.00 1,771.00 3,376.00 0
      Short-Term Debt 0 0 0 1,313.00 0
      Other Current Liabilities 1,941.00 3,476.00 9,082.00 6,984.00 0
   Non-Current Liabilities 40,080.00 42,104.00 48,391.00 80,226.00 0
      Long-Term Debt 0 0 0 0 0
      Other Non-Current Liabilities 0 0 0 0 0
Equity -12,274.00 25,594.00 39,594.00 65,217.00 0
   Shareholders Equity -12,274.00 20,468.00 34,292.00 65,217.00 0
      Capital Stock 338,244.00 310,295.00 294,929.00 252,954.00 0
      Share Premium 0 0 0 0 0
      Retained Earnings -350,539.00 -289,876.00 -260,676.00 -187,774.00 0
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 21.00 49.00 39.00 37.00 0
   Minority Interest 0 0 0 0 0
Investments 0 5.00 433.00 904.00 0
Debt 2,627.00 0 117.00 1,313.00 0
Common Shares Outstanding 17,453.00 8,261.07 118,644.00 92,232.00 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 1,881.00 1,503.00 958.00 7,727.00
Cost Of Revenue 1,141.00 1,090.00 976.00 7,539.00
Gross Profit 740.00 413.00 -18.00 188.00
Operating Expenses 61,744.00 25,549.00 17,979.00 74,400.00
   Selling, General and Administrative Expenses 14,148.00 13,977.00 23,013.00 33,503.00
   Research and Development Expenses 9,839.00 9,294.00 7,301.00 13,631.00
   Other Operating Expenses 37,757.00 2,278.00 -12,335.00 27,266.00
Operating Income -61,004.00 -25,136.00 -17,997.00 -74,212.00
Net Non-Operating Income 341.00 281.00 -615.00 854.00
Interest Expense 84.00 52.00 77.00 209.00
Net Interest -84.00 -52.00 -77.00 -209.00
EBT -60,663.00 -24,855.00 -18,612.00 -73,358.00
Income Tax 0.00 0.00 0.00 9,261.00
Equity Method Investments Income 0 0 0 270.00
Net Income -60,663.00 -27,781.00 -72,902.00 -64,097.00
EBIT -60,579.00 -24,803.00 -18,535.00 -73,149.00
Deprecation and Amortization 1,564.00 1,680.00 5,220.00 4,205.00
EBITDA -59,015.00 -23,123.00 -13,315.00 -68,944.00
EPS -0.00 -0.00 -0.00 0
Diluted EPS -0.00 -0.00 0 0
Average Shares Outstanding Basic 13,071.00 7,651.00 110.80 0
Average Shares Outstanding Diluted 13,071.00 7,651.00 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -20,713.00 -23,325.00 -45,568.00 -35,941.00
   Operating Net Income -60,663.00 -27,781.00 -72,902.00 -64,097.00
   Deprecation and Amortization 1,564.00 1,680.00 5,220.00 4,205.00
   Deferred Income Tax 0 0 0 -9,261.00
   Share Based Compensation 1,753.00 2,760.00 10,042.00 6,841.00
   Change in Working Capital -1,321.00 -3,971.00 -625.00 -2,203.00
   Other Operating Activities 37,954.00 3,987.00 12,697.00 28,574.00
Investing Cash Flow -512.00 -932.00 -4,340.00 -13,961.00
   Capital Expenditure -516.00 -281.00 -4,340.00 -2,247.00
   Net Purchase/Sale of PPE -512.00 73.00 -4,340.00 -2,247.00
   Net Purchase/Sale of Investments Net 0 367.00 0 0
   Net Purchase/Sale of Business 0 0 0 -607.00
   Other Investing Activities 516.00 -1,091.00 4,340.00 -8,860.00
Financing Cash Flow 20,429.00 12,186.00 35,806.00 78,364.00
   Net Issuance/Repayment of Debt 201.00 117.00 -1,325.00 -1,500.00
   Net Issuance/Repurchase of Equity 26,012.00 13,848.00 32,812.00 83,202.00
   Dividends Paid 0 0 0 0
   Other Financing Activities -5,784.00 -1,779.00 4,319.00 -3,338.00
Net Change in Cash -796.00 -12,071.00 -14,102.00 28,462.00
   Cash at Beginning of Period 11,132.00 23,203.00 37,305.00 8,843.00
   Cash at End of Period 10,336.00 11,132.00 23,203.00 37,305.00
Free Cash Flow -21,229.00 -23,606.00 -49,908.00 -38,188.00
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 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Assets 43,937.00 50,517.00 60,360.00 35,081.00 70,216.00 74,720.00 70,973.00 74,892.00 81,587.00 82,800.00 100,091.00 146,273.00 159,563.00 168,341.00 177,382.00 129,305.00
   Current Assets 21,389.00 26,842.00 36,263.00 11,759.00 4,793.00 9,968.00 6,535.00 10,698.00 16,917.00 15,648.00 25,536.00 24,623.00 39,143.00 47,591.00 49,995.00 62,824.00
      Cash and Short-Term Investments 19,421.00 24,287.00 31,029.00 8,636.00 3,363.00 9,256.00 5,578.00 9,432.00 14,224.00 12,356.00 20,426.00 20,986.00 36,509.00 44,263.00 47,531.00 59,794.00
            Cash and Cash Equivalents 19,421.00 24,287.00 31,029.00 8,636.00 3,363.00 9,256.00 5,578.00 9,432.00 13,783.00 11,803.00 19,993.00 20,412.00 35,605.00 43,340.00 46,469.00 58,907.00
            Short-Term Investments 0 0 0 0 0 0 0 0 441.00 553.00 433.00 574.00 904.00 923.00 1,062.00 887.00
      Net Receivables 258.00 512.00 3,540.00 1,613.00 209.00 85.00 161.00 484.00 1,882.00 1,901.00 2,012.00 2,122.00 1,437.00 1,032.00 1,025.00 703.00
      Inventory 471.00 693.00 459.00 410.00 232.00 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 1,239.00 1,350.00 1,235.00 1,100.00 989.00 627.00 796.00 782.00 811.00 1,391.00 3,098.00 1,515.00 1,197.00 2,296.00 1,439.00 2,327.00
   Non-Current Assets 22,548.00 23,675.00 24,097.00 23,322.00 65,423.00 64,752.00 64,438.00 64,194.00 64,670.00 67,152.00 74,555.00 121,650.00 120,420.00 120,750.00 127,387.00 66,481.00
      Property, Plant, Equipment Net 9,887.00 6,673.00 9,722.00 8,366.00 7,923.00 7,439.00 7,353.00 6,909.00 10,944.00 12,871.00 12,907.00 11,092.00 7,285.00 10,851.00 10,398.00 7,712.00
      Real Estate 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,300.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 18,684.00 18,684.00 18,432.00 24,237.00 9,194.00
      Intangible Assets 14,600.00 14,600.00 14,600.00 14,607.00 56,529.00 56,551.00 56,573.00 56,595.00 56,617.00 56,661.00 61,633.00 90,317.00 91,245.00 92,722.00 93,712.00 47,986.00
      Long-Term Investments 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
      Other Non-Current Assets -1,939.00 2,402.00 -225.00 349.00 971.00 762.00 512.00 690.00 -2,891.00 -2,380.00 15.00 1,557.00 3,206.00 -1,255.00 -960.00 1,589.00
Liabilities 53,133.00 49,419.00 50,142.00 47,355.00 60,505.00 52,017.00 54,053.00 49,298.00 39,102.00 39,335.00 60,497.00 89,306.00 94,346.00 68,992.00 74,716.00 22,677.00
   Current Liabilities 7,660.00 6,652.00 9,683.00 7,275.00 9,090.00 7,198.00 8,327.00 7,194.00 8,033.00 9,430.00 12,106.00 13,955.00 14,120.00 13,377.00 19,775.00 9,686.00
      Payables and Expenses 4,404.00 2,964.00 5,919.00 5,334.00 3,894.00 3,476.00 4,451.00 3,718.00 3,974.00 3,622.00 3,024.00 5,964.00 5,823.00 4,534.00 3,871.00 3,544.00
            Account Payables 1,056.00 1,277.00 2,279.00 2,279.00 872.00 1,051.00 908.00 953.00 1,136.00 1,395.00 1,253.00 2,584.00 2,447.00 1,198.00 1,088.00 1,092.00
            Current Accrued Liabilities 3,348.00 1,687.00 3,640.00 3,055.00 3,022.00 2,425.00 3,543.00 2,765.00 2,838.00 2,227.00 1,771.00 3,380.00 3,376.00 3,336.00 2,783.00 2,452.00
      Short-Term Debt 0 1,540.00 0 0 0 0 0 0 0 0 0 945.00 1,313.00 1,500.00 1,500.00 2,590.00
      Other Current Liabilities 3,256.00 2,148.00 3,764.00 1,941.00 5,196.00 3,722.00 3,876.00 3,476.00 4,059.00 5,808.00 9,082.00 7,046.00 6,984.00 7,343.00 14,404.00 3,552.00
   Non-Current Liabilities 45,473.00 42,767.00 40,459.00 40,080.00 51,415.00 44,819.00 45,726.00 42,104.00 31,069.00 29,905.00 48,391.00 75,351.00 80,226.00 55,615.00 54,941.00 12,991.00
      Long-Term Debt 0 1,834.00 0 0 0 0 0 0 0 0 0 0 0 178.00 541.00 951.00
      Other Non-Current Liabilities 0 40,933.00 0 0 0 0 0 0 0 0 0 0 0 55,437.00 54,400.00 12,040.00
Equity -9,196.00 1,098.00 10,218.00 -12,274.00 9,711.00 22,703.00 16,920.00 25,594.00 42,485.00 43,465.00 39,594.00 56,967.00 65,217.00 99,349.00 102,666.00 106,628.00
   Shareholders Equity -9,196.00 1,098.00 10,218.00 -12,274.00 9,711.00 22,703.00 11,588.00 20,468.00 37,562.00 37,933.00 34,292.00 56,967.00 65,217.00 99,349.00 102,666.00 106,628.00
      Capital Stock 368,524.00 367,965.00 367,387.00 338,244.00 326,682.00 326,201.00 310,553.00 310,295.00 309,995.00 295,533.00 294,929.00 254,994.00 252,954.00 251,238.00 240,755.00 -234,224.00
      Share Premium 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Retained Earnings -377,806.00 -366,952.00 -357,210.00 -350,539.00 -317,028.00 -303,535.00 -299,005.00 -289,876.00 -272,465.00 -257,643.00 -260,676.00 -198,065.00 -187,774.00 -151,889.00 -138,089.00 -127,596.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 86.00 85.00 41.00 21.00 57.00 37.00 40.00 49.00 32.00 43.00 39.00 38.00 37.00 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 2.00 5.00 441.00 553.00 433.00 574.00 904.00 923.00 1,062.00 887.00
Debt 1,953.00 3,374.00 2,412.00 2,627.00 2,835.00 3,037.00 0 0 30.00 89.00 117.00 945.00 1,313.00 1,678.00 2,041.00 3,541.00
Common Shares Outstanding 28,625.40 28,617.00 28,599.28 17,453.00 13,374.11 13,368.39 8,273.07 8,261.07 8,261.00 119,279.00 118,644.00 92,247.00 92,232.00 92,158.00 90,316.31 88,914.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-03-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Revenues 260.00 518.00 2,138.00 1,486.00 115.00 104.00 176.00 429.00 297.00 1,424.00 3,589.00 984.00 2,030.00 1,124.00
Cost Of Revenue 121.00 168.00 813.00 748.00 65.00 54.00 274.00 181.00 287.00 1,957.00 2,527.00 1,850.00 2,424.00 738.00
Interest Expense 29.00 25.00 29.00 30.00 31.00 8.00 15.00 0.00 10.00 30.00 42.00 50.00 49.00 68.00
Net Interest -29.00 0 -29.00 -30.00 -31.00 -8.00 -15.00 117.00 -10.00 -30.00 -42.00 -50.00 -49.00 -68.00
Non-Interest Expense 0 3,825.00 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 139.00 350.00 1,325.00 738.00 50.00 50.00 -98.00 248.00 10.00 -533.00 1,062.00 -866.00 -394.00 386.00
Operating Expenses 11,187.00 7,321.00 8,124.00 34,328.00 13,565.00 4,682.00 9,169.00 6,761.00 -5,788.00 9,362.00 36,742.00 12,738.00 13,174.00 11,746.00
   Selling, General and Administrative Expenses 3,931.00 3,825.00 4,321.00 3,761.00 3,608.00 3,260.00 3,519.00 3,200.00 4,107.00 8,890.00 7,452.00 8,426.00 10,607.00 7,018.00
   Research and Development Expenses 3,878.00 3,281.00 2,924.00 2,400.00 2,817.00 2,453.00 2,169.00 2,185.00 2,127.00 5,128.00 4,591.00 3,142.00 2,537.00 3,361.00
   Other Operating Expenses 3,378.00 0 879.00 28,167.00 7,140.00 -1,031.00 3,481.00 1,376.00 -12,022.00 -4,656.00 24,699.00 1,170.00 30.00 1,367.00
Operating Income -11,048.00 -6,971.00 -6,799.00 -33,590.00 -13,515.00 -4,632.00 -9,267.00 -6,513.00 5,798.00 -9,895.00 -35,680.00 -13,604.00 -13,568.00 -11,360.00
Net Non-Operating Income 194.00 125.00 128.00 79.00 22.00 102.00 138.00 24.00 161.00 -396.00 -108.00 -196.00 1,281.00 -123.00
EBT -10,854.00 -9,742.00 -6,671.00 -33,511.00 -13,493.00 -4,530.00 -9,129.00 -6,489.00 5,959.00 -10,291.00 -35,788.00 -13,800.00 -12,287.00 -11,483.00
Income Tax 0.00 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -97.00 0.00 1,794.00 7,564.00
Equity Method Investments Income 0 0 0 0 0 0 0 0 0 0 0.00 0 0 270.00
Net Income Including Non-Controlling Interests 0 -9,742.00 0 0 0 0 0 0 0 0 0 0 0 0
Net Income -10,854.00 -9,742.00 -6,671.00 -42,630.67 -13,493.00 -4,530.00 -9.34 -6,489.00 3,033.00 -10,291.00 -35,885.00 -13,800.00 -10,493.00 -3,919.00
EBIT -10,825.00 -9,717.00 -6,642.00 -33,481.00 -13,462.00 -4,522.00 -9,114.00 -6,489.00 5,969.00 -10,261.00 -35,746.00 -13,750.00 -12,238.00 -11,415.00
Deprecation and Amortization 584.00 559.00 491.00 563.00 340.00 326.00 335.00 22.00 472.00 1,215.00 3,316.00 255.00 206.00 428.00
EBITDA -10,241.00 -9,158.00 -6,151.00 -32,918.00 -13,122.00 -4,196.00 -8,779.00 -6,467.00 6,441.00 -9,046.00 -32,430.00 -13,495.00 -12,032.00 -10,987.00
EPS -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.00 -0.00 0.00 0 0 0
Diluted EPS -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 32,033.00 32,023.00 25,694.00 17,436.00 13,714.00 12,870.00 8,264.00 8.26 119,150.00 92,243.00 0.00 0 0 0
Average Shares Outstanding Diluted 32,033.00 32,023.00 25,694.00 17,436.00 13,714.00 12,870.00 8,264.00 8.26 119,253.00 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 2023-09-30 2023-03-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Operating Cash Flow 0 -6,279.00 -5,858.00 -16,883.00 0 0 -3,830.00 0 -9,672.00 -13,277.00 -26,096.00 0 0 -9,845.00
   Operating Net Income -10,854.00 -9,742.00 -6,671.00 -33,511.00 -13,493.00 -4,530.00 -9,129.00 -6,489.00 3,033.00 -10,291.00 -35,885.00 -13,800.00 -10,493.00 -3,919.00
   Deprecation and Amortization 584.00 559.00 491.00 563.00 340.00 326.00 335.00 22.00 472.00 1,215.00 3,316.00 255.00 206.00 428.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 -1,697.00 0 0 -7,564.00
   Share Based Compensation 0 578.00 473.00 1,335.00 0 0 418.00 0 834.00 2,010.00 1,705.00 1,850.00 1,996.00 1,290.00
   Change in Working Capital 0 -478.00 -1,044.00 -2,340.00 0 0 1,019.00 0 -1,965.00 -1,092.00 -941.00 0 0 -1,262.00
   Other Operating Activities 0 2,804.00 893.00 34,427.00 0 0 3,527.00 0 -12,046.00 -5,119.00 27,392.00 0 0 1,182.00
Investing Cash Flow 0 -349.00 -307.00 -488.00 0 0 -24.00 0 0 -1,561.00 -5,699.00 0 0 -8,262.00
   Capital Expenditure 0.00 0 -307.00 -492.00 0.00 0.00 -24.00 0.00 0.00 -1,561.00 -1,405.00 0.00 0.00 -842.00
   Net Purchase/Sale of PPE 0 -349.00 -307.00 -488.00 0 0 -24.00 0 0 -1,561.00 -1,405.00 0 0 -842.00
   Net Purchase/Sale of Investments Net 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 0.00 0 0 -607.00
   Other Investing Activities 0 0.00 307.00 492.00 0 0 24.00 0 0 1,561.00 -2,889.00 0 0 -5,971.00
Financing Cash Flow 0 -114.00 28,558.00 20,429.00 0 0 0 0 -28.00 -355.00 8,493.00 0 0 69,871.00
   Net Issuance/Repayment of Debt 0 -114.00 98.00 201.00 0 0 0 0 28.00 -375.00 -1,084.00 0 0 -416.00
   Net Issuance/Repurchase of Equity 0 0 29,143.00 26,012.00 0 0 0 0 0 31.00 10,036.00 0 0 73,166.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities 0 0 -683.00 -5,784.00 0 0 0 0 -56.00 -11.00 -459.00 0 0 -2,879.00
Net Change in Cash 0 -6,742.00 22,393.00 3,058.00 0 0 -3,854.00 0 -9,700.00 -15,193.00 -23,302.00 0 0 51,764.00
   Cash at Beginning of Period 0 32,729.00 10,336.00 7,278.00 0 0 11,132.00 0 23,203.00 37,305.00 60,607.00 0 0 8,843.00
   Cash at End of Period 20,210.00 25,987.00 32,729.00 10,336.00 5,063.00 10,956.00 7,278.00 15,483.00 13,503.00 22,112.00 37,305.00 45,040.00 48,169.00 60,607.00
Free Cash Flow 0 -6,628.00 -6,165.00 -17,375.00 0 0 -3,854.00 0 0 -14,838.00 -27,501.00 0 0 -10,687.00