Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -13.50 -10.10 -8.70
Price to Sales 64.13 18.91 28.75 44.93 81.04
Book Value Per Common Share 12.88 6.77 8.91 8.92 6.38
Price to Book 3.12 3.76 2.80 7.12 9.71
Price to Operating Cash Flow -15.52 -14.45 -8.79 -25.38 31.29
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 2023-09-30 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 -20.89 -24.66 -33.38 -22.65 -23.69 -58.26 -6.12 -16.78 -42.33 -9.55 -13.21
Price to Sales 152.68 124.08 118.03 87.42 59.72 276.29 26.40 51.56 182.11 37.32 48.18 188.59 52.31 59.06 93.26
Book Value Per Common Share 13.19 13.77 12.08 12.88 13.79 11.12 11.59 7.13 7.86 8.36 8.91 9.37 7.68 8.29 8.92 9.43 5.69 6.13 6.38
Price to Book 4.29 3.17 2.27 3.12 3.43 2.68 3.47 1.95 2.92 3.55 2.80 2.32 2.57 5.10 7.12 6.23 8.52 6.34 9.71
Price to Operating Cash Flow -33.40 -29.96 -32.96 -26.15 -26.01 -71.86 -7.31 -16.91 -39.21 -10.08 -12.84 -54.29 -33.23 -41.22 -76.42
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 -40.11 67.84 -35.71 114.00
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 2023-09-30 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 8.24 51.93 10.47 248.90 -17.20 18.20 174.45 45.19 82.21 54.64 99.02
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 6.51 6.42 7.55 8.58 6.66
Quick Ratio 4.55 5.74
Current Ratio 7.53 4.73 5.88 4.88 2.73
Debt to Equity 0.17 0.46 0.23 0.32 0.72
Long-Term Debt to Equity 0.09 0.24 0.09 0.12 0.33
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 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 5.16 6.97 4.86 7.53 7.50 7.09 7.36 6.14 6.31 6.82 7.40 9.16 7.59 8.14 8.58 10.46 7.92 7.43 6.66
Quick Ratio 8.06 8.19 5.73 6.81 6.46 5.74 5.32
Current Ratio 7.38 8.32 8.49 7.53 8.55 8.45 9.57 5.95 7.06 6.65 5.88 5.42 4.60 4.88 4.88 5.75 3.36 3.09 2.73
Debt to Equity 0.16 0.16 0.17 0.17 0.16 0.21 0.22 0.40 0.34 0.33 0.23 0.24 0.32 0.31 0.32 0.33 0.68 0.69 0.72
Long-Term Debt to Equity 0.09 0.07 0.09 0.09 0.08 0.12 0.14 0.24 0.21 0.19 0.09 0.07 0.10 0.11 0.12 0.13 0.26 0.29 0.33

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -22.89 -25.52 -25.67 -16.54 -9.36
ROE -26.79 -37.21 -31.58 -21.80 -16.06
Gross Margin 0.00
Operating Margin
EBITDA Margin
Net Profit Margin -475.57 -186.99 -330.60 -137.60 -133.96
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 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 -20.36 -12.57 -7.14 -14.80 -10.97 -5.59 -24.00 -13.70 -6.67 -18.79 -14.70 -6.52 -10.32 -8.69 -2.81
ROE -23.71 -14.64 -8.34 -17.15 -13.23 -6.83 -33.52 -18.31 -8.86 -23.39 -19.33 -8.56 -13.73 -14.62 -4.75
Gross Margin 0.00 0.00 0.00
Operating Margin
EBITDA Margin
Net Profit Margin -617.40 -423.50 -296.75 -385.66 -252.16 -471.43 -431.80 -306.89 -432.37 -390.86 -364.03 -316.24 -115.22 -101.38 -69.91

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 2023-09-30 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 978,035.00 575,759.00 603,134.00 605,905.00 487,175.00
   Current Assets 510,268.00 405,317.00 419,416.00 451,273.00 302,339.00
      Cash and Short-Term Investments 488,744.00 374,881.00 407,166.00 442,418.00 296,202.00
            Cash and Cash Equivalents 120,256.00 109,966.00 68,395.00 47,976.00 31,004.00
            Short-Term Investments 368,488.00 264,915.00 338,771.00 394,442.00 265,198.00
      Net Receivables 0 15,000.00 2,500.00 0 0
      Inventory 0 0 0 0 0
      Other Current Assets 21,524.00 15,436.00 9,750.00 8,855.00 6,137.00
   Non-Current Assets 467,767.00 170,442.00 183,718.00 154,632.00 184,836.00
      Property, Plant, Equipment Net 97,864.00 101,079.00 22,243.00 21,307.00 20,686.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 362,159.00 61,434.00 152,328.00 125,187.00 162,531.00
      Non-Current Deferred Assets 3,603.00 9,807.00 16,315.00 27,130.00 10,313.00
      Other Non-Current Assets 4,141.00 -1,878.00 -7,168.00 -18,992.00 -8,694.00
Liabilities 142,416.00 180,788.00 112,983.00 146,267.00 203,287.00
   Current Liabilities 67,767.00 85,691.00 71,343.00 92,542.00 110,617.00
      Payables and Expenses 40,856.00 40,939.00 31,837.00 26,976.00 14,698.00
            Account Payables 5,989.00 7,075.00 4,335.00 4,005.00 4,368.00
            Current Accrued Liabilities 34,867.00 33,864.00 27,502.00 22,971.00 10,330.00
      Short-Term Debt 13,112.00 6,345.00 3,943.00 3,599.00 3,261.00
      Other Current Liabilities 13,799.00 38,407.00 35,563.00 61,967.00 92,658.00
   Non-Current Liabilities 74,649.00 95,097.00 41,640.00 53,725.00 92,670.00
      Long-Term Debt 123,549.00 127,229.00 13,392.00 14,364.00 14,732.00
      Other Non-Current Liabilities -48,900.00 -32,132.00 28,248.00 39,361.00 77,938.00
Equity 835,619.00 394,971.00 490,151.00 459,638.00 283,888.00
   Shareholders Equity 835,619.00 394,971.00 490,151.00 459,638.00 283,888.00
      Capital Stock 7.00 6.00 6.00 5.00 4.00
      Share Premium 1,591,707.00 926,269.00 878,884.00 689,275.00 412,777.00
      Retained Earnings -754,610.00 -530,752.00 -383,790.00 -228,982.00 -128,765.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -1,485.00 -552.00 -4,949.00 -660.00 -128.00
   Minority Interest 0 0 0 0 0
Investments 730,647.00 326,349.00 491,099.00 519,629.00 427,729.00
Debt 136,661.00 133,574.00 17,335.00 17,963.00 17,993.00
Common Shares Outstanding 64,890.19 0 55,039.38 51,536.18 44,482.19
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 47,072.00 78,592.00 46,826.00 72,832.00 34,034.00
Cost Of Revenue 47,072.00 0 0 0 0
Gross Profit 0.00 0 0 0 0
Operating Expenses 308,707.00 244,122.00 208,082.00 173,362.00 80,338.00
   Selling, General and Administrative Expenses 63,534.00 55,041.00 43,834.00 36,345.00 18,233.00
   Research and Development Expenses 321,125.00 189,081.00 164,248.00 137,017.00 62,405.00
   Other Operating Expenses -75,952.00 0.00 0.00 0.00 -300.00
Operating Income -261,635.00 -165,530.00 -161,256.00 -100,530.00 -46,304.00
Interest Expense 0.00 0.00 0.00 0.00 0.00
EBT 0 0 0 0 0
Income Tax 0.00 0.00 0.00 0.00 0.00
Net Income -223,858.00 -146,962.00 -154,808.00 -100,217.00 -45,593.00
Deprecation and Amortization 7,373.00 3,565.00 2,977.00 2,397.00 1,763.00
EPS -0.00 -0.00 -0.00 0 0
Diluted EPS -0.00 -0.00 -0.00 0 0
Average Shares Outstanding Basic 75,043.99 58,365.50 53,933.23 0 0
Average Shares Outstanding Diluted 75,043.99 58,365.50 53,933.23 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -194,501.00 -102,826.00 -153,085.00 -128,946.00 88,130.00
   Operating Net Income -223,858.00 -146,962.00 -154,808.00 -100,217.00 -45,593.00
   Deprecation and Amortization 7,373.00 3,565.00 2,977.00 2,397.00 1,763.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 55,012.00 43,118.00 35,480.00 24,972.00 5,190.00
   Change in Working Capital -28,777.00 -2,367.00 -30,755.00 -51,186.00 128,772.00
   Other Operating Activities -4,251.00 -180.00 -5,979.00 -4,912.00 -2,002.00
Investing Cash Flow -404,077.00 139,886.00 20,519.00 -99,835.00 -422,588.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 12,838.00 34,480.00 2,836.00 1,597.00 9,096.00
   Net Purchase/Sale of Investments Net 1,411,213.00 552,668.00 915,299.00 814,570.00 645,272.00
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -1,828,128.00 -447,262.00 -897,616.00 -916,002.00 -1,076,956.00
Financing Cash Flow 608,851.00 4,192.00 152,999.00 250,280.00 289,262.00
   Net Issuance/Repayment of Debt 206.00 181.00 179.00 158.00 121.00
   Net Issuance/Repurchase of Equity 60,530.00 4,268.00 4,304.00 8,817.00 276,289.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 548,115.00 -257.00 148,516.00 241,305.00 12,852.00
Net Change in Cash 10,273.00 41,252.00 20,433.00 21,499.00 -45,196.00
   Cash at Beginning of Period 115,777.00 74,525.00 54,092.00 32,593.00 77,789.00
   Cash at End of Period 126,050.00 115,777.00 74,525.00 54,092.00 32,593.00
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 1,102,044.00 1,131,068.00 918,312.00 978,035.00 1,034,842.00 826,021.00 868,251.00 575,759.00 552,378.00 581,945.00 613,905.00 603,134.00 638,472.00 523,421.00 563,060.00 605,905.00 642,453.00 434,386.00 464,552.00 487,175.00
   Current Assets 528,298.00 728,327.00 500,951.00 510,268.00 568,715.00 525,407.00 537,253.00 405,317.00 375,694.00 385,402.00 411,550.00 419,416.00 494,022.00 402,770.00 431,382.00 451,273.00 543,731.00 364,806.00 340,791.00 302,339.00
      Cash and Short-Term Investments 505,682.00 665,445.00 463,150.00 488,744.00 549,970.00 509,953.00 520,544.00 374,881.00 357,825.00 367,574.00 396,877.00 407,166.00 481,908.00 392,309.00 420,812.00 442,418.00 536,386.00 359,107.00 333,537.00 296,202.00
            Cash and Cash Equivalents 112,949.00 335,816.00 89,966.00 120,256.00 110,718.00 67,612.00 93,510.00 109,966.00 81,051.00 52,386.00 50,152.00 68,395.00 155,658.00 76,914.00 33,733.00 47,976.00 156,819.00 84,903.00 53,098.00 31,004.00
            Short-Term Investments 392,733.00 329,629.00 373,184.00 368,488.00 439,252.00 442,341.00 427,034.00 264,915.00 276,774.00 315,188.00 346,725.00 338,771.00 326,250.00 315,395.00 387,079.00 394,442.00 379,567.00 274,204.00 280,439.00 265,198.00
      Net Receivables 0 40,000.00 20,000.00 0 0 0 0 15,000.00 3,800.00 4,100.00 3,300.00 2,500.00 2,900.00 0 0 0 0 0 0 0
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 22,616.00 22,882.00 17,801.00 21,524.00 18,745.00 15,454.00 16,709.00 15,436.00 14,069.00 13,728.00 11,373.00 9,750.00 9,214.00 10,461.00 10,570.00 8,855.00 7,345.00 5,699.00 7,254.00 6,137.00
   Non-Current Assets 573,746.00 402,741.00 417,361.00 467,767.00 466,127.00 300,614.00 330,998.00 170,442.00 176,684.00 196,543.00 202,355.00 183,718.00 144,450.00 120,651.00 131,678.00 154,632.00 98,722.00 69,580.00 123,761.00 184,836.00
      Property, Plant, Equipment Net 88,075.00 94,617.00 95,906.00 97,864.00 99,309.00 100,439.00 98,665.00 101,079.00 91,100.00 83,181.00 74,036.00 22,243.00 21,617.00 21,929.00 21,066.00 21,307.00 21,724.00 21,766.00 20,502.00 20,686.00
      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 473,055.00 297,629.00 312,335.00 362,159.00 361,035.00 192,445.00 224,390.00 61,434.00 76,988.00 104,759.00 119,017.00 152,328.00 113,701.00 90,182.00 102,478.00 125,187.00 74,692.00 45,305.00 101,639.00 162,531.00
      Non-Current Deferred Assets 0 0 0 3,603.00 0 0 0 9,807.00 0 0 0 16,315.00 0 0 0 27,130.00 0 0 0 10,313.00
      Other Non-Current Assets 12,616.00 10,495.00 9,120.00 4,141.00 5,783.00 7,730.00 7,943.00 -1,878.00 8,596.00 8,603.00 9,302.00 -7,168.00 9,132.00 8,540.00 8,134.00 -18,992.00 2,306.00 2,509.00 1,620.00 -8,694.00
Liabilities 155,786.00 159,588.00 132,079.00 142,416.00 141,912.00 141,097.00 157,048.00 180,788.00 156,843.00 146,517.00 151,900.00 112,983.00 125,587.00 125,470.00 134,340.00 146,267.00 159,318.00 176,282.00 189,305.00 203,287.00
   Current Liabilities 71,575.00 87,540.00 58,989.00 67,767.00 66,532.00 62,143.00 56,136.00 85,691.00 63,166.00 54,602.00 61,933.00 71,343.00 91,124.00 87,500.00 88,339.00 92,542.00 94,493.00 108,685.00 110,137.00 110,617.00
      Payables and Expenses 34,145.00 33,757.00 33,380.00 40,856.00 33,024.00 30,290.00 22,809.00 40,939.00 31,361.00 26,235.00 24,985.00 31,837.00 31,019.00 24,112.00 23,344.00 26,976.00 24,252.00 22,845.00 18,920.00 14,698.00
            Account Payables 5,506.00 5,781.00 10,263.00 5,989.00 6,494.00 6,510.00 6,812.00 7,075.00 4,978.00 3,745.00 6,483.00 4,335.00 6,327.00 2,374.00 2,567.00 4,005.00 5,033.00 8,177.00 8,348.00 4,368.00
            Current Accrued Liabilities 28,639.00 27,976.00 23,117.00 34,867.00 26,530.00 23,780.00 15,997.00 33,864.00 26,383.00 22,490.00 18,502.00 27,502.00 24,692.00 21,738.00 20,777.00 22,971.00 19,219.00 14,668.00 10,572.00 10,330.00
      Short-Term Debt 13,743.00 13,666.00 13,240.00 13,112.00 12,851.00 12,416.00 9,890.00 6,345.00 3,595.00 3,797.00 3,893.00 3,943.00 3,619.00 3,656.00 3,567.00 3,599.00 3,632.00 3,463.00 3,048.00 3,261.00
      Other Current Liabilities 23,687.00 40,117.00 12,369.00 13,799.00 20,657.00 19,437.00 23,437.00 38,407.00 28,210.00 24,570.00 33,055.00 35,563.00 56,486.00 59,732.00 61,428.00 61,967.00 66,609.00 82,377.00 88,169.00 92,658.00
   Non-Current Liabilities 84,211.00 72,048.00 73,090.00 74,649.00 75,380.00 78,954.00 100,912.00 95,097.00 93,677.00 91,915.00 89,967.00 41,640.00 34,463.00 37,970.00 46,001.00 53,725.00 64,825.00 67,597.00 79,168.00 92,670.00
      Long-Term Debt 119,154.00 120,948.00 121,990.00 123,549.00 124,280.00 124,665.00 126,031.00 127,229.00 126,148.00 120,164.00 113,764.00 13,392.00 13,121.00 13,635.00 13,905.00 14,364.00 14,810.00 14,841.00 14,422.00 14,732.00
      Other Non-Current Liabilities -34,943.00 -48,900.00 -48,900.00 -48,900.00 -48,900.00 -45,711.00 -25,119.00 -32,132.00 -32,471.00 -28,249.00 -23,797.00 28,248.00 21,342.00 24,335.00 32,096.00 39,361.00 50,015.00 52,756.00 64,746.00 77,938.00
Equity 946,258.00 971,480.00 786,233.00 835,619.00 892,930.00 684,924.00 711,203.00 394,971.00 395,535.00 435,428.00 462,005.00 490,151.00 512,885.00 397,951.00 428,720.00 459,638.00 483,135.00 258,104.00 275,247.00 283,888.00
   Shareholders Equity 946,258.00 971,480.00 786,233.00 835,619.00 892,930.00 684,924.00 711,203.00 394,971.00 395,535.00 435,428.00 462,005.00 490,151.00 512,885.00 397,951.00 428,720.00 459,638.00 483,135.00 258,104.00 275,247.00 283,888.00
      Capital Stock 7.00 7.00 7.00 7.00 7.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 5.00 5.00 5.00 5.00 5.00 4.00 4.00
      Share Premium 1,923,730.00 1,867,999.00 1,606,475.00 1,591,707.00 1,574,850.00 1,308,388.00 1,292,283.00 926,269.00 914,363.00 902,574.00 889,755.00 878,884.00 867,717.00 707,852.00 697,597.00 689,275.00 678,358.00 424,599.00 417,096.00 412,777.00
      Retained Earnings -978,980.00 -896,805.00 -820,191.00 -754,610.00 -683,858.00 -621,371.00 -579,309.00 -530,752.00 -516,384.00 -463,517.00 -424,718.00 -383,790.00 -348,925.00 -305,923.00 -265,666.00 -228,982.00 -195,082.00 -166,500.00 -141,840.00 -128,765.00
      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 1,501.00 279.00 -58.00 -1,485.00 1,931.00 -2,099.00 -1,777.00 -552.00 -2,450.00 -3,635.00 -3,038.00 -4,949.00 -5,913.00 -3,983.00 -3,216.00 -660.00 -146.00 0 -13.00 -128.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 865,788.00 627,258.00 685,519.00 730,647.00 800,287.00 634,786.00 651,424.00 326,349.00 353,762.00 419,947.00 465,742.00 491,099.00 439,951.00 405,577.00 489,557.00 519,629.00 454,259.00 319,509.00 382,078.00 427,729.00
Debt 132,897.00 134,614.00 135,230.00 136,661.00 137,131.00 137,081.00 135,921.00 133,574.00 129,743.00 123,961.00 117,657.00 17,335.00 16,740.00 17,291.00 17,472.00 17,963.00 18,442.00 18,304.00 17,470.00 17,993.00
Common Shares Outstanding 71,741.17 70,557.44 65,112.71 64,890.19 64,748.23 61,572.38 61,353.15 0 55,450.24 55,390.26 55,276.23 55,039.38 54,751.43 51,847.05 51,692.67 51,536.18 51,256.55 45,327.68 44,879.38 44,482.19
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 36,341.00 33,576.00 22,100.00 -38,865.00 39,700.00 35,937.00 10,300.00 12,440.00 30,707.00 25,979.00 9,466.00 -16,597.00 30,687.00 21,136.00 11,600.00 -40,648.00 57,557.00 37,221.00 18,702.00
Cost Of Revenue 36,341.00 33,576.00 22,100.00 47,072.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 0.00 0.00 0.00 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 287,844.00 192,559.00 96,526.00 -124,662.00 220,558.00 144,693.00 68,118.00 -102,283.00 176,925.00 114,688.00 54,792.00 -90,666.00 153,313.00 98,880.00 46,555.00 -57,722.00 124,093.00 75,120.00 31,871.00
   Selling, General and Administrative Expenses 51,252.00 33,916.00 16,271.00 -29,789.00 47,202.00 31,747.00 14,374.00 -25,032.00 40,814.00 26,694.00 12,565.00 -20,617.00 32,198.00 21,642.00 10,611.00 -8,108.00 24,605.00 13,939.00 5,909.00
   Research and Development Expenses 292,888.00 218,604.00 110,946.00 -4,146.00 168,431.00 108,021.00 48,819.00 -77,251.00 136,111.00 87,994.00 42,227.00 -70,049.00 121,115.00 77,238.00 35,944.00 -49,614.00 99,488.00 61,181.00 25,962.00
   Other Operating Expenses -56,296.00 -59,961.00 -30,691.00 -90,727.00 4,925.00 4,925.00 4,925.00 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 -251,503.00 -158,983.00 -74,426.00 85,832.00 -180,880.00 -108,756.00 -57,831.00 114,723.00 -146,218.00 -88,709.00 -45,326.00 76,047.00 -122,626.00 -77,744.00 -36,933.00 17,074.00 -66,536.00 -37,899.00 -13,169.00
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 0 0 0 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 -300.00 200.00 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income -224,370.00 -142,195.00 -65,581.00 68,424.00 -153,106.00 -90,619.00 -48,557.00 106,287.00 -132,594.00 -79,727.00 -40,928.00 78,760.00 -119,943.00 -76,941.00 -36,684.00 16,910.00 -66,317.00 -37,735.00 -13,075.00
Deprecation and Amortization 6,281.00 4,132.00 2,048.00 -2,873.00 5,386.00 3,399.00 1,461.00 -1,767.00 2,674.00 1,779.00 879.00 -1,261.00 2,159.00 1,392.00 687.00 -833.00 1,708.00 1,037.00 485.00
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 98,035.38 95,462.29 95,306.28 84,166.34 73,330.34 71,908.96 70,770.32 58,704.76 58,312.81 58,257.39 58,187.04 111,420.73 52,600.10 51,712.08 0 0.00 0 0 0
Average Shares Outstanding Diluted 98,035.38 95,462.29 95,306.28 84,166.34 73,330.34 71,908.96 70,770.32 58,704.76 58,312.81 58,257.39 58,187.04 111,420.73 52,600.10 51,712.08 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 -166,144.00 -139,034.00 -79,150.00 60,334.00 -132,717.00 -82,527.00 -39,591.00 131,237.00 -110,871.00 -79,224.00 -43,968.00 80,039.00 -113,549.00 -79,280.00 -40,295.00 37,805.00 -90,594.00 -53,334.00 -22,823.00
   Operating Net Income -224,370.00 -142,195.00 -65,581.00 68,424.00 -153,106.00 -90,619.00 -48,557.00 106,287.00 -132,594.00 -79,727.00 -40,928.00 78,760.00 -119,943.00 -76,941.00 -36,684.00 16,910.00 -66,317.00 -37,735.00 -13,075.00
   Deprecation and Amortization 6,281.00 4,132.00 2,048.00 -2,873.00 5,386.00 3,399.00 1,461.00 -1,767.00 2,674.00 1,779.00 879.00 -1,261.00 2,159.00 1,392.00 687.00 -833.00 1,708.00 1,037.00 485.00
   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 45,451.00 29,649.00 14,233.00 -24,478.00 41,213.00 26,309.00 11,968.00 -19,052.00 32,220.00 20,565.00 9,385.00 -16,459.00 26,571.00 17,495.00 7,873.00 -3,392.00 16,294.00 8,898.00 3,172.00
   Change in Working Capital 18,757.00 21,680.00 -11,955.00 65,295.00 -35,747.00 -37,476.00 -20,849.00 50,551.00 -18,754.00 -21,482.00 -12,682.00 22,138.00 -19,325.00 -21,530.00 -12,038.00 30,641.00 -42,825.00 -26,524.00 -12,478.00
   Other Operating Activities -12,263.00 -52,300.00 -17,895.00 -46,034.00 9,537.00 15,860.00 16,386.00 -4,782.00 5,583.00 -359.00 -622.00 -3,139.00 -3,011.00 304.00 -133.00 -5,521.00 546.00 990.00 -927.00
Investing Cash Flow -126,663.00 108,636.00 48,615.00 714,140.00 -472,645.00 -314,965.00 -330,607.00 -66,055.00 120,934.00 60,423.00 24,584.00 -183,195.00 70,185.00 107,666.00 25,863.00 -217,388.00 -31,816.00 105,046.00 44,323.00
   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 1,343.00 1,162.00 467.00 -18,557.00 11,902.00 12,091.00 7,402.00 -7,161.00 22,855.00 14,777.00 4,009.00 -1,326.00 2,463.00 1,217.00 482.00 -453.00 1,096.00 790.00 164.00
   Net Purchase/Sale of Investments Net 893,610.00 393,612.00 216,394.00 -1,046,701.00 1,184,865.00 750,846.00 522,203.00 -334,832.00 431,083.00 304,154.00 152,263.00 -339,939.00 670,120.00 398,537.00 186,581.00 -13,399.00 553,292.00 198,164.00 76,513.00
   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 -1,021,616.00 -286,138.00 -168,246.00 1,779,398.00 -1,669,412.00 -1,077,902.00 -860,212.00 275,938.00 -333,004.00 -258,508.00 -131,688.00 158,070.00 -602,398.00 -292,088.00 -161,200.00 -203,536.00 -586,204.00 -93,908.00 -32,354.00
Financing Cash Flow 285,494.00 245,984.00 258.00 -706,159.00 606,086.00 355,168.00 353,756.00 -1,689.00 2,258.00 2,464.00 1,159.00 1,219.00 151,046.00 549.00 185.00 -728.00 248,226.00 2,187.00 595.00
   Net Issuance/Repayment of Debt 237.00 154.00 77.00 -70.00 137.00 90.00 49.00 -100.00 133.00 96.00 52.00 -77.00 124.00 86.00 46.00 -9.00 106.00 37.00 24.00
   Net Issuance/Repurchase of Equity 12,789.00 8,237.00 535.00 -103,801.00 58,356.00 53,302.00 52,673.00 -3,602.00 3,259.00 3,125.00 1,486.00 727.00 2,046.00 1,082.00 449.00 -2,627.00 6,578.00 3,322.00 1,544.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities 272,468.00 237,593.00 -354.00 -602,288.00 547,593.00 301,776.00 301,034.00 2,013.00 -1,134.00 -757.00 -379.00 569.00 148,876.00 -619.00 -310.00 1,908.00 241,542.00 -1,172.00 -973.00
Net Change in Cash -7,313.00 215,586.00 -30,277.00 68,315.00 724.00 -42,324.00 -16,442.00 63,493.00 12,321.00 -16,337.00 -18,225.00 -101,937.00 107,682.00 28,935.00 -14,247.00 -180,311.00 125,816.00 53,899.00 22,095.00
   Cash at Beginning of Period 126,050.00 126,050.00 126,050.00 57,735.00 115,777.00 115,777.00 115,777.00 52,284.00 74,524.00 74,524.00 74,524.00 176,462.00 54,092.00 54,092.00 54,092.00 234,403.00 32,593.00 32,593.00 32,593.00
   Cash at End of Period 118,737.00 341,636.00 95,773.00 126,050.00 116,501.00 73,453.00 99,335.00 115,777.00 86,845.00 58,187.00 56,299.00 74,525.00 161,774.00 83,027.00 39,845.00 54,092.00 158,409.00 86,492.00 54,688.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0