Valuation Ratios

Breakdown 2024-12-31 2023-12-31
Price to Earnings -1.50 -6.21
Price to Sales
Book Value Per Common Share 0.19 0.96
Price to Book 9.12 8.93
Price to Operating Cash Flow -1.61 -10.25
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
Price to Earnings -0.74 -0.88 -8.95 -4.02 -7.00 -15.29 -3.15 -4.11
Price to Sales
Book Value Per Common Share 0.15 0.08 0.02 0.19 0.20 0.78 0.71 0.96 1.16 4.37
Price to Book 1.65 3.68 89.95 9.12 19.06 6.29 7.33 8.93 3.42 1.36
Price to Operating Cash Flow -0.92 -1.18 -15.03 -4.18 -7.83 -16.33 -4.38 -18.12
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31
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
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31
Cash Per Common Share 0.19 1.72
Quick Ratio
Current Ratio 1.92 3.91
Debt to Equity 0.64 0.31
Long-Term Debt to Equity 0.04 0.01
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
Cash Per Common Share 0.28 0.13 0.06 0.17 0.20 0.46 0.77 1.08 2.27 0.04
Quick Ratio
Current Ratio 3.60 1.40 0.63 1.92 1.63 2.32 4.43 3.91 22.98 5.91
Debt to Equity 0.33 1.03 8.18 0.64 0.88 0.62 0.28 0.31 0.06 0.20
Long-Term Debt to Equity 0.01 0.04 0.31 0.04 0.04 0.02 0.02 0.01 0.01 0.00

Profitability

Breakdown 2024-12-31 2023-12-31
ROA -340.12 -60.93
ROE -557.51 -80.06
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
ROA -89.25 -132.43 -109.20 -251.05 -110.39 -37.10 -43.81 -27.63
ROE -118.46 -269.41 -1002.10 -470.92 -179.12 -47.35 -46.30 -33.28
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin

Dividends

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

Financial Statements

Breakdown 2024-12-31 2023-12-31
Assets 4,783.00 17,295.00
   Current Assets 3,363.00 15,464.00
      Cash and Short-Term Investments 2,600.00 14,800.00
            Cash and Cash Equivalents 2,590.00 8,556.00
            Short-Term Investments 0 0
      Net Receivables 0 0
      Inventory 0 0
      Other Current Assets 763.00 664.00
   Non-Current Assets 1,420.00 1,831.00
      Property, Plant, Equipment Net 122.00 147.00
      Goodwill 0 0
      Intangible Assets 0 0
      Long-Term Investments 0 0
      Non-Current Deferred Assets 0 0
      Other Non-Current Assets 1,298.00 1,684.00
Liabilities 1,865.00 4,133.00
   Current Liabilities 1,755.00 3,959.00
      Payables and Expenses 1,727.00 3,939.00
            Account Payables 1,219.00 3,048.00
            Current Accrued Liabilities 508.00 891.00
      Short-Term Debt 28.00 20.00
      Other Current Liabilities 0.00 0.00
   Non-Current Liabilities 110.00 174.00
      Long-Term Debt 110.00 138.00
      Other Non-Current Liabilities 0.00 36.00
Equity 2,918.00 13,162.00
   Shareholders Equity 2,918.00 13,162.00
      Capital Stock 2.00 1.00
      Share Premium 69,699.00 63,676.00
      Retained Earnings -66,783.00 -50,515.00
      Treasury Shares 0 0
      Accumulated Other Comprehensive Income 0 0
   Minority Interest 0 0
Debt 138.00 158.00
Common Shares Outstanding 15,122.87 13,709.38
Breakdown 2024-12-31 2023-12-31
Operating Expenses 16,585.00 8,319.00
   Selling, General and Administrative Expenses 12,327.00 3,533.00
   Research and Development Expenses 10,496.00 4,792.20
   Other Operating Expenses -6,238.00 -6.20
Operating Income -16,585.00 -8,319.00
Interest Income 0 629.00
Interest Expense 0.00 305.00
Net Interest 314.00 324.00
EBT 0 0
Income Tax 0.00 0.00
Net Income -16,268.00 -10,538.00
Deprecation and Amortization 25.00 147.00
EPS -0.00 -0.00
Diluted EPS -0.00 -0.00
Average Shares Outstanding Basic 13,906.97 8,616.32
Average Shares Outstanding Diluted 13,906.97 8,616.32
Breakdown 2024-12-31 2023-12-31
Operating Cash Flow -15,220.00 -7,205.00
   Operating Net Income -48,804.00 -10,538.00
   Deprecation and Amortization 25.00 147.00
   Deferred Income Tax 0 0
   Share Based Compensation 3,073.00 1,398.00
   Change in Working Capital -2,435.00 3,895.00
   Other Operating Activities 32,921.00 -2,107.00
Investing Cash Flow 6,354.00 -6,023.00
   Capital Expenditure 0.00 0.00
   Net Purchase/Sale of PPE 0 0
   Net Purchase/Sale of Investments Net 12,466.00 24,083.00
   Net Purchase/Sale of Business 0 0
   Other Investing Activities -6,112.00 -30,106.00
Financing Cash Flow 2,900.00 20,472.00
   Net Issuance/Repayment of Debt 0 230.00
   Net Issuance/Repurchase of Equity 3,232.00 22,425.00
   Dividends Paid 0 0
   Other Financing Activities -332.00 -2,183.00
Net Change in Cash -5,966.00 7,244.00
   Cash at Beginning of Period 8,556.00 1,312.00
   Cash at End of Period 2,590.00 8,556.00
Free Cash Flow 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
Assets 9,585.00 4,443.00 3,065.00 4,783.00 5,213.00 8,673.00 12,408.00 17,295.00 16,815.79 18,227.96
   Current Assets 8,186.00 3,038.00 1,651.00 3,363.00 3,787.00 7,440.00 11,169.00 15,464.00 16,634.75 18,060.22
      Cash and Short-Term Investments 7,100.00 2,200.00 900.00 2,600.00 2,782.00 6,300.00 10,500.00 14,800.00 15,649.14 135.76
            Cash and Cash Equivalents 7,067.00 2,216.00 929.00 2,590.00 2,782.00 3,241.00 7,458.00 8,556.00 6,693.82 135.76
            Short-Term Investments 0 0 0 0 0 0 0 0 8,955.32 0
      Net Receivables 0 0 0 0 0 0 0 0 0 0
      Inventory 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 1,086.00 838.00 751.00 763.00 1,005.00 1,140.00 669.00 664.00 985.61 17,924.46
   Non-Current Assets 1,399.00 1,405.00 1,414.00 1,420.00 1,426.00 1,233.00 1,239.00 1,831.00 181.04 167.74
      Property, Plant, Equipment Net 103.00 109.00 116.00 122.00 128.00 135.00 141.00 147.00 152.60 0
      Goodwill 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0 0 0 0
      Long-Term Investments 0 0 0 0 0 0 0 0 8,955.30 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 1,296.00 1,296.00 1,298.00 1,298.00 1,298.00 1,098.00 1,098.00 1,684.00 -8,926.86 0
Liabilities 2,363.00 2,259.00 2,731.00 1,865.00 2,434.00 3,328.00 2,686.00 4,133.00 904.86 3,094.45
   Current Liabilities 2,276.00 2,164.00 2,629.00 1,755.00 2,317.00 3,204.00 2,519.00 3,959.00 723.97 3,058.45
      Payables and Expenses 2,245.00 2,134.00 2,600.00 1,727.00 2,289.00 3,177.00 2,493.00 3,939.00 713.41 3,058.45
            Account Payables 1,684.00 1,193.00 1,586.00 1,219.00 540.00 1,919.00 1,219.00 3,048.00 358.40 1,581.81
            Current Accrued Liabilities 561.00 941.00 1,014.00 508.00 1,749.00 1,258.00 1,274.00 891.00 355.01 1,476.63
      Short-Term Debt 31.00 30.00 29.00 28.00 28.00 27.00 26.00 20.00 10.56 0
      Other Current Liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Non-Current Liabilities 87.00 95.00 102.00 110.00 117.00 124.00 167.00 174.00 180.89 36.00
      Long-Term Debt 87.00 95.00 102.00 110.00 117.00 124.00 131.00 138.00 144.89 0
      Other Non-Current Liabilities 0.00 0.00 0.00 0.00 0.00 0.00 36.00 36.00 36.00 0
Equity 7,222.00 2,184.00 334.00 2,918.00 2,779.00 5,345.00 9,722.00 13,162.00 15,910.93 15,133.52
   Shareholders Equity 7,222.00 2,184.00 334.00 2,918.00 2,779.00 10,689.00 9,722.00 13,162.00 15,910.93 15,133.52
      Capital Stock 5.00 3.00 2.00 2.00 1.00 1.00 1.00 1.00 1.37 1.31
      Share Premium 82,555.00 74,848.00 70,462.00 69,699.00 66,380.00 65,433.00 64,839.00 63,676.00 63,252.86 58,822.23
      Retained Earnings -75,338.00 -72,667.00 -70,130.00 -66,783.00 -63,602.00 -60,089.00 -55,118.00 -50,515.00 -47,343.30 -43,690.02
      Treasury Shares 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 8,955.32 0
Debt 118.00 125.00 131.00 138.00 145.00 151.00 157.00 158.00 155.45 0
Common Shares Outstanding 49,068.62 26,166.42 15,264.87 15,122.87 13,863.95 13,712.88 13,711.88 13,709.38 13,709.38 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 2023-06-30
Operating Expenses 8,832.00 6,099.00 3,394.00 -11,352.00 13,382.00 9,812.00 4,743.00 4,966.35 2,475.83
   Selling, General and Administrative Expenses 3,549.00 2,369.00 1,205.00 1,844.00 4,987.00 3,523.00 1,973.00 1,981.59 842.85
   Research and Development Expenses 5,283.00 3,730.00 2,189.00 -7,226.00 8,529.00 6,378.00 2,815.00 2,984.75 1,638.09
   Other Operating Expenses 0.00 0.00 0.00 -5,970.00 -134.00 -89.00 -45.00 0.00 -5.10
Operating Income -8,832.00 -6,099.00 -3,394.00 11,352.00 -13,382.00 -9,812.00 -4,743.00 -4,966.35 1,224.17
Interest Income 0 0 0 0 0 0 0 453.19 305.65
Interest Expense 0.00 0.00 0.00 0.00 0.00 0.00 0.00 305.16 305.16
Net Interest 92.00 33.00 15.00 -350.00 286.00 238.00 140.00 148.03 0.49
EBT 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
Net Income -8,555.00 -5,884.00 -3,347.00 10,996.00 -13,087.00 -9,574.00 -4,603.00 -7,366.76 -5,037.01
Deprecation and Amortization 19.00 13.00 6.00 -12.00 19.00 12.00 6.00 141.11 139.09
EPS -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
Average Shares Outstanding Basic 25,796.76 17,030.87 15,173.20 14,465.26 13,742.33 13,710.82 13,709.49 6,899.98 3,463.64
Average Shares Outstanding Diluted 25,796.76 17,030.87 15,173.20 14,465.26 13,742.33 13,710.82 13,709.49 13,660.63 3,516.58
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 2023-06-30
Operating Cash Flow -6,832.00 -4,445.00 -1,989.00 10,278.00 -12,552.00 -8,580.00 -4,366.00 -6,257.83 -1,139.28
   Operating Net Income -8,555.00 -5,884.00 -10,041.00 -21,540.00 -13,087.00 -9,574.00 -4,603.00 -7,366.76 -5,037.01
   Deprecation and Amortization 19.00 13.00 6.00 -12.00 19.00 12.00 6.00 141.11 139.09
   Deferred Income Tax 0 0 0 0 0 0 0 0 0
   Share Based Compensation 1,550.00 1,079.00 435.00 -2,057.00 2,229.00 1,746.00 1,155.00 975.42 624.25
   Change in Working Capital 842.00 441.00 815.00 2,041.00 -1,662.00 -844.00 -1,970.00 -790.88 755.55
   Other Operating Activities -688.00 -94.00 6,796.00 31,846.00 -51.00 80.00 1,046.00 783.28 2,378.84
Investing Cash Flow 0 0 0 -6,514.00 6,354.00 3,254.00 3,260.00 -8,844.38 0
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 -12,626.00 12,466.00 9,366.00 3,260.00 8,844.38 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0
   Net Loan & Lease Activity 0 0
   Other Investing Activities 0 0 0 6,112.00 -6,112.00 -6,112.00 0.00 -17,688.76 0
Financing Cash Flow 11,309.00 4,071.00 328.00 2,457.00 424.00 11.00 8.00 20,484.16 -36.83
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 242.55 242.55
   Net Issuance/Repurchase of Equity 12,560.00 5,021.00 345.00 3,000.00 232.00 0 0 19,550.00 20,456.00
   Dividends Paid 0 0 0 0 0 0 0 0 0
   Other Financing Activities -1,251.00 -950.00 -17.00 -543.00 192.00 11.00 8.00 691.61 -20,735.38
Net Change in Cash 4,477.00 -374.00 -1,661.00 6,221.00 -5,774.00 -5,315.00 -1,098.00 5,381.95 -1,176.11
   Cash at Beginning of Period 2,590.00 2,590.00 2,590.00 -3,631.00 8,556.00 8,556.00 8,556.00 1,311.88 1,311.88
   Cash at End of Period 7,067.00 2,216.00 929.00 2,590.00 2,782.00 3,241.00 7,458.00 6,693.82 135.76
Free Cash Flow 0 0 0 0 0 0 0 0 0