Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -0.66 -13.33 -35.78 -13.41
Price to Sales 5766.67 417.18 552.32 174.80
Book Value Per Common Share 0.00 0.31 0.98 17.94
Price to Book 752.17 43.86 32.93 6.73
Price to Operating Cash Flow -1153.33 -15.56 -48.33 -23.69
Price to Free Cash Flow -20.86
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31
Price to Earnings -0.70 -1.94 -4.56 -0.72 -0.45 -2.02 -30.39 -68.98 -121.36
Price to Sales 7501.00 9700.00 7.15 14.91 764.71 1438.30 2007.52
Book Value Per Common Share 0.00 0.00 0.00 0.02 3.30 1.21 0.31 0.53 0.78
Price to Book 1250.17 1625.00 1409.09 80.50 0.49 2.69 74.47 63.22 34.42
Price to Operating Cash Flow -937.63 -2166.67 -5166.67 -1385.71 -0.95 -2.65 -32.92 -68.16 -96.04
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 237.38 -41.98 -6.43
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31
Earning YoY
Revenue YoY 19.66 82.94 76.08 85.40 30.24 77.78
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 0.00 0.25 0.94 18.53
Quick Ratio 7.48 1.41 4.08 12.96
Current Ratio 7.60 1.50 4.17 13.07
Debt to Equity 0.17 0.79 0.34 0.14
Long-Term Debt to Equity 0.05 0.21 0.10 0.07
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31
Cash Per Common Share 0.00 0.00 0.00 0.00 2.74 0.91 0.19 0.41 0.65
Quick Ratio 1.88 3.16 5.27 7.47 3.92 0.47 1.19 2.14 3.83
Current Ratio 2.09 3.43 5.61 7.67 4.18 0.71 1.49 2.52 4.14
Debt to Equity 0.56 0.32 0.22 0.17 0.30 2.19 0.75 0.52 0.34
Long-Term Debt to Equity 0.07 0.06 0.06 0.05 0.09 0.45 0.24 0.16 0.12

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -62.50 -177.29 -68.71 -39.86
ROE -72.98 -317.65 -91.86 -45.51
Gross Margin 78.76 31.17 40.67 45.18
Operating Margin -667.77 -3020.17 -1304.82
EBITDA Margin -627.72 -2886.74 -1234.84
Net Profit Margin -667.77 -3020.17 -1541.33 -1305.13
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31
ROA -110.95 -59.94 -24.04 -39.76 -38.52 -41.85 -132.34 -60.14 -21.31
ROE -173.19 -79.32 -29.21 -46.40 -50.10 -133.44 -231.98 -91.26 -28.48
Gross Margin 65.47 60.40 72.18 75.68 66.24 60.04 34.52 34.07 27.24
Operating Margin -2069.54 -1440.32 -1315.22 -664.73 -735.33 -740.51
EBITDA Margin -1955.88 -1342.18 -1204.72 -624.71 -687.99 -694.53
Net Profit Margin -2069.54 -1440.32 -1315.22 -664.73 -735.33 -740.51 -2381.58 -2072.38 -1665.59

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 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 25,558.00 12,078.00 27,413.00 42,766.00
   Current Assets 19,624.00 5,848.00 20,280.00 35,380.00
      Cash and Short-Term Investments 19,232.00 5,361.00 19,658.00 35,043.00
            Cash and Cash Equivalents 19,232.00 4,949.00 10,503.00 25,658.00
            Short-Term Investments 0 412.00 9,155.00 9,385.00
      Net Receivables 84.00 111.00 218.00 55.00
      Inventory 0 0 0 0
      Other Current Assets 308.00 376.00 404.00 282.00
   Non-Current Assets 5,934.00 6,230.00 7,133.00 7,386.00
      Property, Plant, Equipment Net 4,231.00 3,750.00 4,480.00 4,875.00
      Goodwill 0 0 0 0
      Intangible Assets 2,401.00 2,287.00 2,409.00 2,334.00
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets -698.00 193.00 244.00 177.00
Liabilities 3,671.00 5,337.00 6,910.00 5,313.00
   Current Liabilities 2,582.00 3,889.00 4,869.00 2,708.00
      Payables and Expenses 2,019.00 2,790.00 650.00 1,972.00
            Account Payables 99.00 638.00 0 645.00
            Current Accrued Liabilities 1,920.00 2,152.00 650.00 1,327.00
      Short-Term Debt 623.00 593.00 2,315.00 537.00
      Other Current Liabilities -60.00 506.00 1,904.00 199.00
   Non-Current Liabilities 1,089.00 1,448.00 2,041.00 2,605.00
      Long-Term Debt 824.00 1,448.00 0 2,605.00
      Other Non-Current Liabilities 265.00 0.00 0 0.00
Equity 21,887.00 6,741.00 20,503.00 37,453.00
   Shareholders Equity 21,887.00 6,741.00 20,503.00 37,453.00
      Capital Stock 14.00 25.00 6.00 21.00
      Share Premium 131,480.00 91,800.00 83,712.00 81,470.00
      Retained Earnings -109,607.00 -84,984.00 -62,773.00 -43,938.00
      Treasury Shares 0 0 100.00 0
      Accumulated Other Comprehensive Income 0 0 -357.00 0
   Minority Interest 0 0 0 0
Investments 0 412.00 9,155.00 0
Debt 1,447.00 2,041.00 2,315.00 3,142.00
Common Shares Outstanding 0 0 0 2,087.82
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 2,392.00 709.00 1,222.00 1,306.00
Cost Of Revenue 508.00 488.00 725.00 716.00
Interest Expense 0.00 0.00 1,398.00 4.00
Non-Interest Expense 0 0 0 10,954.00
Gross Profit 1,884.00 221.00 497.00 590.00
Operating Expenses 18,406.00 21,250.00 18,540.00 18,046.00
   Selling, General and Administrative Expenses 15,915.00 12,184.00 9,170.00 10,954.00
   Research and Development Expenses 10,936.00 9,066.00 9,370.00 7,092.00
   Other Operating Expenses -8,445.00 0.00 0.00 0
Operating Income -16,522.00 -21,029.00 -18,043.00 -17,456.00
Net Non-Operating Income 549.00 -384.00 0 115.00
EBT -15,973.00 -21,413.00 0 -17,045.00
Income Tax 0.00 0.00 0.00 0
Net Income Including Non-Controlling Interests 0 0 0 -17,045.00
Net Income -15,973.00 -21,413.00 -18,835.00 -17,045.00
EBIT -15,973.00 -21,413.00 0 -17,041.00
Deprecation and Amortization 958.00 946.00 893.00 914.00
EBITDA -15,015.00 -20,467.00 0 -16,127.00
EPS -0.00 -0.00 -0.00 -0.01
Diluted EPS -0.00 -0.00 -0.00 -0.01
Average Shares Outstanding Basic 9,411,164.00 21,734.90 20,969.03 1,891.51
Average Shares Outstanding Diluted 9,411,164.00 21,734.90 20,969.03 1,891.51
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -13,868.00 -19,002.00 -13,969.00 -9,636.00
   Operating Net Income -47,919.00 -21,413.00 -18,835.00 -17,045.00
   Deprecation and Amortization 958.00 946.00 893.00 914.00
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 2,328.00 2,032.00 170.00 7,740.00
   Change in Working Capital -905.00 203.00 423.00 -1,090.00
   Other Operating Activities 31,670.00 -770.00 3,380.00 -155.00
Investing Cash Flow -640.00 8,186.00 -677.00 -10,696.00
   Capital Expenditure 0.00 0.00 0.00 0
   Net Purchase/Sale of PPE 992.00 694.00 856.00 -245.00
   Net Purchase/Sale of Investments Net 352.00 8,880.00 0 -9,471.00
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities -1,984.00 -1,388.00 -1,533.00 -980.00
Financing Cash Flow 28,791.00 5,262.00 -509.00 45,174.00
   Net Issuance/Repayment of Debt 0 0 0 -188.00
   Net Issuance/Repurchase of Equity 29,057.00 5,436.00 2.00 45,190.00
   Dividends Paid 0 0 0 0
   Other Financing Activities -266.00 -174.00 -511.00 172.00
Net Change in Cash 14,283.00 -5,554.00 -15,155.00 24,842.00
   Cash at Beginning of Period 4,949.00 10,503.00 25,658.00 816.00
   Cash at End of Period 19,232.00 4,949.00 10,503.00 25,658.00
Free Cash Flow 0 0 0 -10,946.00
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
Assets 15,557.00 16,749.00 20,848.00 25,558.00 29,909.00 19,393.00 9,697.00 12,078.00 11,625.00 17,093.00 21,808.00 27,413.00
   Current Assets 10,340.00 11,269.00 15,275.00 19,624.00 23,767.00 13,410.00 3,757.00 5,848.00 5,044.00 10,292.00 14,870.00 20,280.00
      Cash and Short-Term Investments 9,244.00 10,334.00 14,327.00 19,232.00 22,778.00 12,375.00 2,291.00 5,361.00 3,933.00 8,657.00 13,677.00 19,658.00
            Cash and Cash Equivalents 9,244.00 10,334.00 14,327.00 19,232.00 22,778.00 12,375.00 1,940.00 4,949.00 1,967.00 2,747.00 4,984.00 10,503.00
            Short-Term Investments 0 0 0 0 0 0 351.00 412.00 1,966.00 5,910.00 8,693.00 9,155.00
      Net Receivables 52.00 31.00 29.00 84.00 380.00 218.00 178.00 111.00 96.00 96.00 96.00 218.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 1,044.00 904.00 919.00 308.00 609.00 817.00 1,288.00 376.00 1,015.00 1,539.00 1,097.00 404.00
   Non-Current Assets 5,217.00 5,480.00 5,573.00 5,934.00 6,142.00 5,983.00 5,940.00 6,230.00 6,581.00 6,801.00 6,938.00 7,133.00
      Property, Plant, Equipment Net 2,730.00 2,959.00 3,881.00 4,231.00 4,592.00 4,526.00 4,587.00 3,750.00 3,845.00 4,096.00 4,266.00 4,480.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 2,309.00 2,321.00 2,291.00 2,401.00 2,347.00 2,353.00 2,263.00 2,287.00 2,539.00 2,482.00 2,425.00 2,409.00
      Long-Term Investments 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
      Other Non-Current Assets 178.00 200.00 -599.00 -698.00 -797.00 -896.00 -910.00 193.00 197.00 223.00 247.00 244.00
Liabilities 5,591.00 4,093.00 3,690.00 3,671.00 4,282.00 4,482.00 6,656.00 5,337.00 4,993.00 5,830.00 5,490.00 6,910.00
   Current Liabilities 4,940.00 3,284.00 2,724.00 2,582.00 3,100.00 3,210.00 5,295.00 3,889.00 3,394.00 4,082.00 3,595.00 4,869.00
      Payables and Expenses 4,253.00 2,705.00 2,214.00 2,019.00 2,366.00 2,205.00 3,868.00 2,790.00 2,402.00 3,008.00 613.00 650.00
            Account Payables 1,080.00 700.00 367.00 99.00 887.00 600.00 1,467.00 638.00 829.00 1,700.00 0 0
            Current Accrued Liabilities 3,173.00 2,005.00 1,847.00 1,920.00 1,479.00 1,605.00 2,401.00 2,152.00 1,573.00 1,308.00 613.00 650.00
      Short-Term Debt 647.00 639.00 631.00 623.00 616.00 608.00 601.00 593.00 586.00 578.00 1,028.00 2,315.00
      Other Current Liabilities 40.00 -60.00 -121.00 -60.00 118.00 397.00 826.00 506.00 406.00 496.00 1,954.00 1,904.00
   Non-Current Liabilities 651.00 809.00 966.00 1,089.00 1,182.00 1,272.00 1,361.00 1,448.00 1,599.00 1,748.00 1,895.00 2,041.00
      Long-Term Debt 336.00 501.00 664.00 824.00 983.00 1,140.00 1,295.00 1,448.00 1,599.00 1,748.00 0 0
      Other Non-Current Liabilities 315.00 308.00 302.00 265.00 199.00 132.00 66.00 0.00 0.00 0.00 0 0
Equity 9,966.00 12,656.00 17,158.00 21,887.00 25,627.00 14,911.00 3,041.00 6,741.00 6,632.00 11,263.00 16,318.00 20,503.00
   Shareholders Equity 9,966.00 12,656.00 17,158.00 21,887.00 182,393.00 14,911.00 3,041.00 6,741.00 6,632.00 11,263.00 16,318.00 20,503.00
      Capital Stock 20.00 14.00 14.00 14.00 14.00 9.00 1.00 25.00 21.00 6.00 6.00 6.00
      Share Premium 136,813.00 132,288.00 131,762.00 131,480.00 131,139.00 115,859.00 92,080.00 91,800.00 85,976.00 84,729.00 84,116.00 83,712.00
      Retained Earnings -126,867.00 -119,646.00 -114,618.00 -109,607.00 -105,525.00 -100,956.00 -89,042.00 -84,984.00 -78,956.00 -73,052.00 -67,420.00 -62,773.00
      Treasury Shares 0 0 0 0 0 0 0 0 100.00 100.00 100.00 100.00
      Accumulated Other Comprehensive Income 0 0 0 0 -1.00 -1.00 1.00 0 -309.00 -335.00 -299.00 -357.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0
Investments 6,325.00 7,044.00 6,973.00 0 0 6,744.00 351.00 412.00 1,966.00 5,910.00 8,693.00 9,155.00
Debt 983.00 1,140.00 1,295.00 1,447.00 1,599.00 1,748.00 1,896.00 2,041.00 2,185.00 2,326.00 1,028.00 2,315.00
Common Shares Outstanding 0 0 0 0 0 0 0 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
Revenues 834.00 697.00 381.00 -961.00 1,789.00 1,016.00 548.00 -712.00 646.00 496.00 279.00
Cost Of Revenue 288.00 276.00 106.00 -489.00 435.00 343.00 219.00 -465.00 423.00 327.00 203.00
Gross Profit 546.00 421.00 275.00 -472.00 1,354.00 673.00 329.00 -247.00 223.00 169.00 76.00
Operating Expenses 18,434.00 10,999.00 5,456.00 -7,871.00 13,595.00 8,263.00 4,419.00 -9,951.00 15,812.00 10,597.00 4,792.00
   Selling, General and Administrative Expenses 13,492.00 8,318.00 4,341.00 1,946.00 7,447.00 4,322.00 2,200.00 -4,260.00 8,902.00 5,530.00 2,012.00
   Research and Development Expenses 12,158.00 6,694.00 3,000.00 -1,372.00 6,148.00 3,941.00 2,219.00 -5,691.00 6,910.00 5,067.00 2,780.00
   Other Operating Expenses -7,216.00 -4,013.00 -1,885.00 -8,445.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Income -17,888.00 -10,578.00 -5,181.00 7,399.00 -12,241.00 -7,590.00 -4,090.00 9,704.00 -15,589.00 -10,428.00 -4,716.00
Net Non-Operating Income 628.00 539.00 170.00 49.00 349.00 119.00 32.00 -384.00 0 0 0
Interest Expense 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBT -17,260.00 -10,039.00 -5,011.00 7,448.00 -11,892.00 -7,471.00 -4,058.00 -21,413.00 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
Net Income -17,260.00 -10,039.00 -5,011.00 7,448.00 -11,892.00 -7,471.00 -4,058.00 8,898.00 -15,385.00 -10,279.00 -4,647.00
EBIT -17,260.00 -10,039.00 -5,011.00 7,448.00 -11,892.00 -7,471.00 -4,058.00 -21,413.00 0 0 0
Deprecation and Amortization 948.00 684.00 421.00 -491.00 716.00 481.00 252.00 -480.00 710.00 478.00 238.00
EBITDA -16,312.00 -9,355.00 -4,590.00 6,957.00 -11,176.00 -6,990.00 -3,806.00 -20,467.00 0 0 0
EPS -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
Average Shares Outstanding Basic 16,124,871.00 14,982,075.00 14,950,734.00 30,065,029.68 7,572,601.00 4,511.73 2,513.59 23,729.82 21,106.46 21,069.71 21,033.61
Average Shares Outstanding Diluted 16,124,871.00 14,982,075.00 14,950,734.00 30,063,031.53 7,572,601.00 6,509.88 2,513.59 23,621.81 21,178.77 21,105.42 21,033.61
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
Operating Cash Flow -13,349.00 -8,294.00 -4,697.00 7,365.00 -10,495.00 -7,652.00 -3,086.00 12,300.00 -15,005.00 -10,449.00 -5,848.00
   Operating Net Income -51,780.00 -30,117.00 -15,033.00 -24,498.00 -11,892.00 -7,471.00 -4,058.00 8,898.00 -15,385.00 -10,279.00 -4,647.00
   Deprecation and Amortization 948.00 684.00 421.00 -491.00 716.00 481.00 252.00 -480.00 710.00 478.00 238.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 1,301.00 853.00 340.00 -430.00 1,938.00 525.00 295.00 2,032.00 0 0 0
   Change in Working Capital 3,402.00 1,544.00 789.00 -3,622.00 89.00 125.00 2,503.00 1,856.00 -1,055.00 210.00 -808.00
   Other Operating Activities 32,780.00 18,742.00 8,786.00 36,406.00 -1,346.00 -1,312.00 -2,078.00 -6.00 725.00 -858.00 -631.00
Investing Cash Flow -531.00 -413.00 -150.00 -98.00 -517.00 -39.00 14.00 -1,578.00 6,622.00 2,796.00 346.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 531.00 413.00 150.00 -313.00 869.00 389.00 47.00 -10,810.00 7,492.00 3,436.00 576.00
   Net Purchase/Sale of Investments Net 0 0 0 -411.00 352.00 350.00 61.00 8,880.00 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -1,062.00 -826.00 -300.00 626.00 -1,738.00 -778.00 -94.00 352.00 -870.00 -640.00 -230.00
Financing Cash Flow 3,892.00 -191.00 -58.00 -15,230.00 28,841.00 15,117.00 63.00 5,535.00 -153.00 -103.00 -17.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 4,144.00 0 0 -15,157.00 29,054.00 15,060.00 100.00 1,936.00 3,500.00 0 0
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -252.00 -191.00 -58.00 -73.00 -213.00 57.00 -37.00 3,599.00 -3,653.00 -103.00 -17.00
Net Change in Cash -9,988.00 -8,898.00 -4,905.00 -7,963.00 17,829.00 7,426.00 -3,009.00 16,257.00 -8,536.00 -7,756.00 -5,519.00
   Cash at Beginning of Period 19,232.00 19,232.00 19,232.00 27,195.00 4,949.00 4,949.00 4,949.00 -11,308.00 10,503.00 10,503.00 10,503.00
   Cash at End of Period 9,244.00 10,334.00 14,327.00 19,232.00 22,778.00 12,375.00 1,940.00 4,949.00 1,967.00 2,747.00 4,984.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0