Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -0.26 -0.15 -0.76 -242.00
Price to Sales 45.68 9.12 20.74 5260.87
Book Value Per Common Share 2.20 9.20 17.28 1.09
Price to Book 0.58 0.25 0.83 133.47
Price to Operating Cash Flow -0.35 -0.26 -1.06 -284.26
Price to Free Cash Flow -1.00
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 2022-03-31 2021-12-31 2021-09-30
Price to Earnings -1.86 -1.08 -1.24 -0.29 -0.70 -0.78 -18.53 -21.62 -59.03 -1025.63 -420.77
Price to Sales 366.18 219.15 154.08 50.44 243.75 403.23 777.78 761.41 2485.26 23442.86 14025.64
Book Value Per Common Share 3.74 0.50 1.82 2.20 3.34 4.93 6.74 9.20 0.57 0.72 0.88 0.94 1.09 1.23
Price to Book 0.67 2.08 0.31 0.58 0.34 0.40 0.19 0.25 11.02 7.49 10.68 174.26 133.47 133.83
Price to Operating Cash Flow -2.44 -1.32 -1.27 -0.36 -0.89 -1.01 -26.13 -28.16 -91.07 -1593.20 -426.79
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 -86.20 -59.86 21.28
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 2022-03-31 2021-12-31 2021-09-30
Earning YoY
Revenue YoY 58.14 34.38 200.00 160.00 15.58 89.78 -41.22 -10.06
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 3.07 6.27 17.96 1.50
Quick Ratio 1.97 3.66 4.20 12.40
Current Ratio 2.23 3.96 4.68 13.07
Debt to Equity 0.79 0.87 0.42 0.10
Long-Term Debt to Equity 0.05 0.53 0.18 0.02
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 2022-03-31 2021-12-31 2021-09-30
Cash Per Common Share 4.24 1.06 1.49 1.62 3.25 4.31 4.55 5.79 0.44 0.45 0.55 0.93 1.06 1.77
Quick Ratio 10.44 1.82 2.41 1.97 2.10 3.14 3.22 3.66 6.30 5.29 5.15 11.27 12.40 21.83
Current Ratio 10.66 1.93 2.50 2.23 2.26 3.38 3.48 3.96 4.64 4.69 4.65 11.95 13.07 23.21
Debt to Equity 0.12 1.17 0.69 0.79 0.77 1.12 1.07 0.87 0.52 0.46 0.45 0.21 0.10 0.06
Long-Term Debt to Equity 0.02 0.13 0.06 0.05 0.05 0.69 0.66 0.53 0.29 0.24 0.22 0.12 0.02 0.02

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -160.40 -74.03 -34.92
ROE -300.20 -105.05 -38.52
Gross Margin -285.15 -946.38 -139.43 -20.95
Operating Margin -17555.45 -5947.34 -2683.79 -2161.99
EBITDA Margin -16715.84 -5731.22 -2644.80 -2138.58
Net Profit Margin -5951.23 -2706.72 -2161.99
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 2022-03-31 2021-12-31 2021-09-30
ROA -30.40 -78.21 -102.06 -41.36 -22.50 -73.37 -44.10 -23.86 -13.99 -19.87
ROE -34.04 -169.77 -180.54 -87.49 -46.61 -111.25 -64.42 -34.57 -16.90 -21.09
Gross Margin -125.74 -137.21 -50.00 -367.31 -713.46 -1215.00 -520.14 -245.65 -255.50 -36.97 -27.76
Operating Margin -19569.12 -20097.67 -12521.88 -17250.00 -35007.69 -51085.00 -4250.97 -3501.08 -4126.73 -2298.80 -3323.11
EBITDA Margin -19238.24 -19708.14 -12268.75 -16303.85 -32678.85 -47860.00 -4105.95 -3382.02 -4025.00 -2292.42 -3263.09
Net Profit Margin -19570.59 -20100.00 -17251.28 -35011.54 -51095.00 -4254.05 -3504.23 -4129.72 -2299.54 -3323.11

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

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 27,120.00 54,317.00 133,340.00 186,153.00
   Current Assets 25,171.00 39,754.00 105,550.00 177,365.00
      Cash and Short-Term Investments 22,278.00 36,523.00 94,199.00 164,007.00
            Cash and Cash Equivalents 16,089.00 33,309.00 19,064.00 19,046.00
            Short-Term Investments 12,012.00 19,591.00 75,135.00 149,824.00
      Net Receivables 11.00 131.00 617.00 4,222.00
      Inventory 176.00 583.00 4,553.00 4,085.00
      Other Current Assets 2,706.00 2,517.00 6,181.00 5,051.00
   Non-Current Assets 1,949.00 14,563.00 27,790.00 8,788.00
      Property, Plant, Equipment Net 1,257.00 11,507.00 23,167.00 5,129.00
      Goodwill 0 0 0 0
      Intangible Assets 0 0 0 0
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 692.00 3,056.00 0 3,659.00
Liabilities 11,996.00 25,294.00 39,370.00 17,386.00
   Current Liabilities 11,307.00 10,027.00 22,563.00 13,568.00
      Payables and Expenses 11,307.00 10,027.00 10,021.00 11,281.00
            Account Payables 3,598.00 3,442.00 3,218.00 2,542.00
            Current Accrued Liabilities 7,709.00 6,585.00 6,236.00 8,739.00
      Short-Term Debt 267.00 0 11,049.00 0
      Other Current Liabilities -267.00 0.00 1,493.00 2,287.00
   Non-Current Liabilities 689.00 15,267.00 16,807.00 3,818.00
      Long-Term Debt 625.00 14,858.00 16,681.00 0
      Other Non-Current Liabilities 64.00 409.00 126.00 0
Equity 15,124.00 29,023.00 93,970.00 168,767.00
   Shareholders Equity 30,253.00 58,056.00 93,970.00 168,767.00
      Capital Stock 1.00 1.00 1.00 16.00
      Share Premium 388,213.00 366,647.00 345,757.00 320,937.00
      Retained Earnings -373,095.00 -337,635.00 -250,509.00 -151,795.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 5.00 10.00 -1,279.00 -391.00
   Minority Interest 0 0 0 0
Investments 12,012.00 19,591.00 0 149,824.00
Debt 625.00 14,858.00 27,730.00 0
Common Shares Outstanding 13,734.16 6,310.09 5,436.64 155,137.24
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 202.00 1,464.00 3,647.00 3,007.00
Cost Of Revenue 778.00 15,319.00 8,732.00 3,637.00
Interest Income 0 0 1,545.00 0
Interest Expense 0.00 0.00 778.00 0.00
Non-Interest Expense 0 0 56,079.00 0
Provisions for Credit Losses 35.00 0 0 0
Gross Profit -576.00 -13,855.00 -5,085.00 -630.00
Operating Expenses 35,252.00 73,921.00 93,723.00 62,605.00
   Selling, General and Administrative Expenses 18,863.00 37,762.00 56,079.00 36,062.00
   Research and Development Expenses 16,389.00 26,171.00 37,644.00 26,543.00
   Other Operating Expenses 0.00 9,988.00 0 0.00
Operating Income -35,828.00 -87,776.00 -98,808.00 -63,235.00
Net Non-Operating Income 366.00 707.00 0 -1,776.00
EBT -35,462.00 -87,069.00 -98,656.00 -65,011.00
Income Tax 4.00 57.00 58.00 0.00
Net Income Including Non-Controlling Interests 0 0 -98,714.00 0
Net Income 0 -87,126.00 -98,714.00 -65,011.00
EBIT -35,462.00 -87,069.00 -97,878.00 -65,011.00
Deprecation and Amortization 1,696.00 3,164.00 1,422.00 704.00
EBITDA -33,766.00 -83,905.00 -96,456.00 -64,307.00
EPS -0.00 -0.01 -0.02 -0.00
Diluted EPS 0 -0.01 -0.02 -0.00
Average Shares Outstanding Basic 7,253.68 5,827.72 5,245.62 109,055.89
Average Shares Outstanding Diluted 7,253.68 5,827.72 5,245.62 109,055.89
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -26,620.00 -50,725.00 -71,649.00 -55,703.00
   Operating Net Income -70,920.00 -87,126.00 -98,714.00 -65,011.00
   Deprecation and Amortization 1,696.00 3,164.00 1,422.00 704.00
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 9,047.00 18,071.00 23,959.00 10,018.00
   Change in Working Capital -3,179.00 -2,435.00 -1,980.00 14,652.00
   Other Operating Activities 36,736.00 17,601.00 3,664.00 -16,066.00
Investing Cash Flow 7,744.00 55,351.00 68,463.00 -151,546.00
   Capital Expenditure 0.00 0.00 0 0.00
   Net Purchase/Sale of PPE 531.00 2,234.00 -4,200.00 1,021.00
   Net Purchase/Sale of Investments Net 56,667.00 95,681.00 72,663.00 150,525.00
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities -49,454.00 -42,564.00 0.00 -303,092.00
Financing Cash Flow 10,060.00 -6,758.00 8,067.00 207,084.00
   Net Issuance/Repayment of Debt 146.00 6,235.00 8,976.00 31,378.00
   Net Issuance/Repurchase of Equity 11,307.00 925.00 2,891.00 150.00
   Dividends Paid 0 0 0 0
   Other Financing Activities -1,393.00 -13,918.00 -3,800.00 175,556.00
Net Change in Cash -8,816.00 -2,132.00 4,881.00 -165.00
   Cash at Beginning of Period 19,082.00 21,214.00 16,333.00 16,498.00
   Cash at End of Period 10,266.00 19,082.00 21,214.00 16,333.00
Free Cash Flow 0 0 -75,849.00 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 2022-03-31 2021-12-31 2021-09-30
Assets 87,548.00 22,102.00 28,796.00 27,120.00 26,368.00 44,014.00 45,427.00 54,317.00 80,881.00 95,919.00 110,080.00 177,850.00 186,153.00 201,232.00
   Current Assets 86,208.00 20,412.00 26,962.00 25,171.00 24,251.00 30,171.00 31,278.00 39,754.00 55,507.00 67,152.00 82,438.00 152,938.00 177,365.00 194,078.00
      Cash and Short-Term Investments 84,333.00 19,210.00 25,926.00 22,278.00 22,435.00 27,989.00 28,909.00 36,523.00 75,181.00 75,515.00 91,196.00 143,900.00 164,007.00 182,378.00
            Cash and Cash Equivalents 85,566.00 3,459.00 10,045.00 16,089.00 10,625.00 20,679.00 18,296.00 33,309.00 66,438.00 35,255.00 37,604.00 11,318.00 19,046.00 52,468.00
            Short-Term Investments 41,298.00 16,836.00 20,659.00 12,012.00 16,584.00 16,774.00 19,374.00 19,591.00 8,743.00 40,260.00 53,592.00 132,674.00 149,824.00 129,910.00
      Net Receivables 56.00 27.00 6.00 11.00 76.00 7.00 67.00 131.00 238.00 290.00 123.00 292.00 4,222.00 147.00
      Inventory 884.00 232.00 101.00 176.00 258.00 382.00 557.00 583.00 4,868.00 4,913.00 4,695.00 4,254.00 4,085.00 4,852.00
      Other Current Assets 935.00 943.00 929.00 2,706.00 1,482.00 1,793.00 1,745.00 2,517.00 -24,780.00 -13,566.00 -13,576.00 4,492.00 5,051.00 6,701.00
   Non-Current Assets 1,340.00 1,690.00 1,834.00 1,949.00 2,117.00 13,843.00 14,149.00 14,563.00 25,374.00 28,767.00 27,642.00 24,912.00 8,788.00 7,154.00
      Property, Plant, Equipment Net 1,044.00 1,098.00 1,175.00 1,257.00 1,333.00 10,958.00 11,201.00 11,507.00 22,184.00 22,532.00 23,054.00 21,653.00 5,129.00 4,835.00
      Goodwill 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
      Long-Term Investments 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
      Other Non-Current Assets 296.00 592.00 659.00 692.00 784.00 2,885.00 2,948.00 3,056.00 3,190.00 6,235.00 4,588.00 3,259.00 3,659.00 2,319.00
Liabilities 9,356.00 11,920.00 11,798.00 11,996.00 11,462.00 23,204.00 23,503.00 25,294.00 27,538.00 30,263.00 34,114.00 30,607.00 17,386.00 11,702.00
   Current Liabilities 8,085.00 10,587.00 10,769.00 11,307.00 10,712.00 8,930.00 8,990.00 10,027.00 11,972.00 14,331.00 17,715.00 12,799.00 13,568.00 8,361.00
      Payables and Expenses 7,979.00 8,590.00 7,536.00 11,307.00 10,677.00 3,678.00 8,990.00 10,027.00 11,954.00 12,540.00 11,855.00 10,947.00 11,281.00 6,009.00
            Account Payables 4,471.00 5,473.00 3,850.00 3,598.00 3,717.00 3,678.00 3,751.00 3,442.00 4,707.00 3,520.00 2,209.00 1,952.00 2,542.00 4,039.00
            Current Accrued Liabilities 3,508.00 3,117.00 3,686.00 7,709.00 6,960.00 0 5,239.00 6,585.00 7,247.00 9,020.00 9,646.00 8,995.00 8,739.00 1,970.00
      Short-Term Debt 106.00 1,997.00 3,233.00 267.00 228.00 0 0 0 0 1,641.00 5,384.00 2,273.00 0 0
      Other Current Liabilities 0.00 0.00 0.00 -267.00 -193.00 5,252.00 0.00 0.00 18.00 150.00 476.00 -421.00 2,287.00 2,352.00
   Non-Current Liabilities 1,271.00 1,333.00 1,029.00 689.00 750.00 14,274.00 14,513.00 15,267.00 15,566.00 15,932.00 16,399.00 17,808.00 3,818.00 3,341.00
      Long-Term Debt 445.00 507.00 566.00 625.00 683.00 14,210.00 14,464.00 14,858.00 15,484.00 15,888.00 16,287.00 17,323.00 0 0
      Other Non-Current Liabilities 826.00 826.00 463.00 64.00 67.00 64.00 49.00 409.00 82.00 44.00 112.00 485.00 0 0
Equity 78,192.00 10,182.00 16,998.00 15,124.00 14,906.00 20,810.00 21,924.00 29,023.00 53,343.00 65,656.00 75,966.00 147,243.00 168,767.00 189,530.00
   Shareholders Equity 156,380.00 10,182.00 34,002.00 30,253.00 29,839.00 41,612.00 43,844.00 58,056.00 106,687.00 130,922.00 151,122.00 147,243.00 168,767.00 189,530.00
      Capital Stock 4.00 2.00 2.00 1.00 1.00 1.00 1.00 1.00 19.00 18.00 17.00 16.00 16.00 15.00
      Share Premium 477,903.00 400,561.00 398,101.00 388,213.00 379,425.00 376,658.00 369,781.00 366,647.00 363,176.00 358,833.00 353,533.00 325,350.00 320,937.00 316,318.00
      Retained Earnings -399,711.00 -390,381.00 -381,111.00 -373,095.00 -364,547.00 -355,841.00 -347,854.00 -337,635.00 -309,853.00 -292,805.00 -276,774.00 -176,676.00 -151,795.00 -126,761.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -4.00 0 6.00 5.00 27.00 -8.00 -4.00 10.00 1.00 -390.00 -810.00 -1,447.00 -391.00 -42.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 41,298.00 16,836.00 20,659.00 12,012.00 16,584.00 16,774.00 19,374.00 19,591.00 8,743.00 40,260.00 53,592.00 132,674.00 149,824.00 129,910.00
Debt 551.00 2,504.00 3,799.00 625.00 683.00 14,210.00 14,464.00 14,858.00 15,484.00 17,529.00 21,671.00 17,323.00 0 0
Common Shares Outstanding 41,776.67 20,550.27 18,690.18 13,734.16 8,940.94 8,437.73 6,503.02 6,310.09 186,674.69 181,420.31 170,969.58 156,364.92 155,137.24 154,565.67
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 2022-03-31 2021-09-30
Revenues 136.00 86.00 64.00 -26.00 156.00 52.00 20.00 -1,774.00 1,395.00 1,207.00 636.00 1,082.00 1,203.00
Cost Of Revenue 307.00 204.00 96.00 -637.00 729.00 423.00 263.00 235.00 8,651.00 4,172.00 2,261.00 1,482.00 1,537.00
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
Provisions for Credit Losses 2.00 2.00 0 -34.00 35.00 34.00 0 0 0 0 0 0 0
Gross Profit -171.00 -118.00 -32.00 611.00 -573.00 -371.00 -243.00 -2,009.00 -7,256.00 -2,965.00 -1,625.00 -400.00 -334.00
Operating Expenses 23,159.00 15,387.00 6,768.00 -20,112.00 26,260.00 18,616.00 10,488.00 -41,507.00 52,054.00 39,110.00 24,264.00 24,522.00 39,365.00
   Selling, General and Administrative Expenses 12,938.00 8,227.00 3,278.00 -11,462.00 14,123.00 10,246.00 5,956.00 -31,892.00 31,061.00 23,771.00 14,822.00 15,946.00 20,335.00
   Research and Development Expenses 10,221.00 7,160.00 3,490.00 -8,650.00 12,137.00 8,370.00 4,532.00 -19,603.00 20,993.00 15,339.00 9,442.00 8,576.00 19,030.00
   Other Operating Expenses 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9,988.00 0.00 0.00 0.00 0.00 0.00
Operating Income -23,330.00 -15,505.00 -6,800.00 20,723.00 -26,833.00 -18,987.00 -10,731.00 39,498.00 -59,310.00 -42,075.00 -25,889.00 -24,922.00 -39,699.00
Net Non-Operating Income -3,284.00 -1,779.00 -1,214.00 -854.00 -77.00 783.00 514.00 1,238.00 9.00 -183.00 -357.00 49.00 -278.00
EBT -26,614.00 -17,284.00 -8,014.00 19,869.00 -26,910.00 -18,204.00 -10,217.00 40,736.00 -59,301.00 -42,258.00 -26,246.00 -24,873.00 -39,977.00
Income Tax 2.00 2.00 2.00 -2.00 2.00 2.00 2.00 -43.00 43.00 38.00 19.00 8.00 0.00
Net Income -26,616.00 -17,286.00 0 0 -26,912.00 -18,206.00 -10,219.00 40,779.00 -59,344.00 -42,296.00 -26,265.00 -24,881.00 -39,977.00
EBIT -26,614.00 -17,284.00 -8,014.00 19,869.00 -26,910.00 -18,204.00 -10,217.00 40,736.00 -59,301.00 -42,258.00 -26,246.00 -24,873.00 -39,977.00
Deprecation and Amortization 450.00 335.00 162.00 -1,636.00 1,476.00 1,211.00 645.00 -943.00 2,023.00 1,437.00 647.00 69.00 722.00
EBITDA -26,164.00 -16,949.00 -7,852.00 18,233.00 -25,434.00 -16,993.00 -9,572.00 39,793.00 -57,278.00 -40,821.00 -25,599.00 -24,804.00 -39,255.00
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
Diluted EPS 0 0 0 0.00 0 0 -0.00 0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 19,880.15 18,137.05 17,448.62 9,269.90 6,892.91 6,499.09 6,352.84 -483,700.48 172,182.78 168,962.72 165,865.86 155,515.09 102,953.26
Average Shares Outstanding Diluted 31,263.00 19,125.97 17,448.62 7,157.76 8,629.68 6,874.45 6,352.84 -483,700.48 172,182.78 168,962.72 165,865.86 155,515.09 102,953.26
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 2022-03-31 2021-09-30
Operating Cash Flow -20,247.00 -14,158.00 -7,803.00 17,320.00 -21,814.00 -14,241.00 -7,885.00 40,423.00 -41,508.00 -32,445.00 -17,195.00 -16,023.00 -39,588.00
   Operating Net Income -26,616.00 -17,286.00 -16,032.00 -15,583.00 -26,912.00 -18,206.00 -10,219.00 40,779.00 -59,344.00 -42,296.00 -26,265.00 -24,881.00 -39,977.00
   Deprecation and Amortization 450.00 335.00 162.00 -1,636.00 1,476.00 1,211.00 645.00 -943.00 2,023.00 1,437.00 647.00 -69.00 722.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 4,732.00 3,661.00 2,501.00 -5,723.00 7,002.00 4,754.00 3,014.00 -13,772.00 14,707.00 10,623.00 6,513.00 5,340.00 6,522.00
   Change in Working Capital -483.00 143.00 -22.00 2,560.00 -2,307.00 -2,049.00 -1,383.00 2,324.00 -121.00 151.00 -4,789.00 -6,708.00 8,060.00
   Other Operating Activities 1,670.00 -1,011.00 5,588.00 37,702.00 -1,073.00 49.00 58.00 12,035.00 1,227.00 -2,360.00 6,699.00 10,295.00 -14,915.00
Investing Cash Flow -29,167.00 -4,686.00 -8,578.00 1,243.00 3,140.00 2,993.00 368.00 -67,700.00 66,436.00 35,138.00 21,477.00 14,726.00 -130,712.00
   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
   Net Purchase/Sale of PPE 52.00 14.00 6.00 -255.00 465.00 234.00 87.00 -1,009.00 1,664.00 904.00 675.00 774.00 713.00
   Net Purchase/Sale of Investments Net 60,863.00 23,934.00 20,034.00 -41,448.00 51,997.00 33,573.00 12,545.00 -47,255.00 85,086.00 35,850.00 22,000.00 15,500.00 129,999.00
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -90,082.00 -28,634.00 -28,618.00 42,946.00 -49,322.00 -30,814.00 -12,264.00 -19,436.00 -20,314.00 -1,616.00 -1,198.00 -1,548.00 -261,424.00
Financing Cash Flow 82,183.00 10,952.00 11,382.00 -1,034.00 5,443.00 5,531.00 120.00 8,445.00 -6,843.00 -5,515.00 -2,845.00 -1,709.00 208,421.00
   Net Issuance/Repayment of Debt 3,939.00 3,700.00 2,950.00 -146.00 146.00 146.00 0 -7,273.00 6,235.00 4,973.00 2,300.00 0 31,378.00
   Net Issuance/Repurchase of Equity 82,828.00 10,128.00 9,495.00 -601.00 6,023.00 5,720.00 165.00 -611.00 704.00 509.00 323.00 222.00 100.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -4,584.00 -2,876.00 -1,063.00 -287.00 -726.00 -335.00 -45.00 16,329.00 -13,782.00 -10,997.00 -5,468.00 -1,931.00 176,943.00
Net Change in Cash 32,769.00 -7,892.00 -4,999.00 17,529.00 -13,231.00 -5,717.00 -7,397.00 -18,832.00 18,085.00 -2,822.00 1,437.00 -3,006.00 38,121.00
   Cash at Beginning of Period 10,266.00 10,266.00 10,266.00 -7,263.00 19,082.00 19,082.00 19,082.00 37,914.00 21,214.00 21,214.00 21,214.00 16,333.00 16,497.00
   Cash at End of Period 43,035.00 2,374.00 5,267.00 10,266.00 5,851.00 13,365.00 11,685.00 19,082.00 39,299.00 18,392.00 22,651.00 13,327.00 54,618.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0