Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -4.72 -7.97 -5.30 -23.76
Price to Sales 3.17 7.05 5.83 23.93 75.26
Book Value Per Common Share 2.16 3.07 4.10 5.23 6.34
Price to Book 3.15 4.15 2.06 6.13 10.89
Price to Operating Cash Flow -8.42 -12.87 -6.94 -28.00 -80.42
Price to Free Cash Flow -8.05 -12.60 -6.74 -25.71 -78.10
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Price to Earnings -4.76 -6.82 -18.69 -23.03 -25.75 -26.62 -57.70 -134.53
Price to Sales 3.08 4.39 11.93 15.97 19.00 28.90 84.68 177.15
Book Value Per Common Share 1.46 1.70 1.93 2.16 2.38 2.85 3.07 3.81 4.10 4.91 5.23 6.05 6.34
Price to Book 1.11 1.53 3.49 3.15 3.49 3.26 4.15 2.93 2.06 5.05 6.13 7.56 10.89
Price to Operating Cash Flow -8.12 -26.78 -20.34 -44.96 -30.36 -33.22 -60.76 -169.34
Price to Free Cash Flow -8.04 -26.46 -19.88 -42.51 -29.24 -33.07 -58.57 -165.19
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 22.01 27.98 10.84 47.91
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Earning YoY
Revenue YoY -9.88 5.86 10.55 8.13 29.71 34.77 16.67
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 1.81 2.20 3.80 4.98 6.49
Quick Ratio 3.44 4.13 8.10 10.63 18.82
Current Ratio 5.58 6.50 9.14 11.85 19.96
Debt to Equity 0.90 0.50 0.26 0.22 0.17
Long-Term Debt to Equity 0.61 0.31 0.14 0.13 0.11
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Cash Per Common Share 1.87 2.08 1.87 1.78 2.74 1.82 2.17 4.07 3.76 4.62 4.88 6.19 6.49
Quick Ratio 3.97 4.48 3.55 3.44 6.56 3.79 4.13 9.43 8.10 9.99 10.63 16.17 18.82
Current Ratio 4.86 5.35 4.97 5.58 7.70 6.95 6.50 10.62 9.14 11.33 11.85 17.07 19.96
Debt to Equity 1.30 1.13 0.94 0.90 0.78 0.49 0.50 0.40 0.26 0.22 0.22 0.18 0.17
Long-Term Debt to Equity 0.92 0.81 0.62 0.61 0.59 0.30 0.31 0.28 0.14 0.13 0.13 0.11 0.11

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -34.63 -34.22 -30.42 -20.69 -12.22
ROE -65.72 -51.42 -38.26 -25.18 -14.25
Gross Margin 74.00 73.90 74.29 73.59 64.77
Operating Margin -62.52 -83.06 -107.16 -98.09 -88.10
EBITDA Margin -60.47 -78.39 -100.07 -91.30 -82.25
Net Profit Margin -67.30 -88.60 -109.80 -100.51 -98.47
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31 2020-12-31
ROA -10.09 -10.31 -9.59 -8.45 -8.35 -7.88 -7.10 -4.72
ROE -23.25 -21.96 -18.60 -15.06 -12.44 -11.02 -8.69 -5.56
Gross Margin 74.65 72.11 72.51 73.70 74.67 72.85 75.21 71.52
Operating Margin -60.57 -59.50 -60.04 -64.07 -67.25 -104.33 -144.30 -127.23
EBITDA Margin -59.43 -58.25 -58.12 -62.22 -63.38 -98.23 -135.00 -119.47
Net Profit Margin -64.91 -63.59 -64.11 -69.38 -72.92 -109.12 -146.76 -130.30

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 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 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 162,850.00 177,781.00 193,676.00 235,173.00 263,708.00
   Current Assets 136,248.00 150,422.00 168,953.00 208,002.00 249,989.00
      Cash and Short-Term Investments 70,905.00 83,547.00 141,138.00 180,041.00 231,561.00
            Cash and Cash Equivalents 70,905.00 83,547.00 101,736.00 148,480.00 231,561.00
            Short-Term Investments 0 0 39,402.00 31,561.00 0
      Net Receivables 13,120.00 12,105.00 8,677.00 6,562.00 4,228.00
      Inventory 16,915.00 16,743.00 14,564.00 16,285.00 10,741.00
      Other Current Assets 35,308.00 38,027.00 4,574.00 5,114.00 3,459.00
   Non-Current Assets 26,602.00 27,359.00 24,723.00 27,171.00 13,719.00
      Property, Plant, Equipment Net 21,452.00 7,434.00 10,500.00 12,889.00 10,450.00
      Goodwill 2,333.00 2,333.00 2,333.00 2,333.00 2,333.00
      Intangible Assets 0 31.00 154.00 277.00 400.00
      Long-Term Investments 0 0 5,924.00 10,941.00 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 2,817.00 17,561.00 5,812.00 731.00 536.00
Liabilities 77,041.00 59,466.00 39,669.00 41,934.00 37,574.00
   Current Liabilities 24,437.00 23,157.00 18,492.00 17,550.00 12,526.00
      Payables and Expenses 20,348.00 17,824.00 15,053.00 15,095.00 10,217.00
            Account Payables 3,827.00 1,497.00 1,758.00 1,582.00 1,472.00
            Current Accrued Liabilities 16,521.00 16,327.00 13,295.00 13,513.00 8,745.00
      Short-Term Debt 3,954.00 5,229.00 3,319.00 2,292.00 2,238.00
      Other Current Liabilities 135.00 104.00 120.00 163.00 71.00
   Non-Current Liabilities 52,604.00 36,309.00 21,177.00 24,384.00 25,048.00
      Long-Term Debt 52,517.00 36,195.00 3,849.00 7,478.00 8,182.00
      Other Non-Current Liabilities 87.00 114.00 17,328.00 16,906.00 16,866.00
Equity 85,809.00 118,315.00 154,007.00 193,239.00 226,134.00
   Shareholders Equity 85,809.00 118,315.00 154,007.00 193,239.00 226,134.00
      Capital Stock 40.00 39.00 38.00 37.00 36.00
      Share Premium 551,211.00 526,797.00 502,712.00 482,885.00 467,147.00
      Retained Earnings -467,555.00 -411,161.00 -350,318.00 -291,395.00 -242,734.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 2,113.00 2,640.00 1,575.00 1,712.00 1,685.00
   Minority Interest 0 0 0 0 0
Investments 0 33,555.00 45,326.00 42,502.00 0
Debt 56,471.00 41,424.00 7,168.00 9,770.00 10,420.00
Common Shares Outstanding 39,785.97 38,516.38 37,555.57 36,931.76 35,693.75
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 83,789.00 68,675.00 53,662.00 48,416.00 32,733.00
Cost Of Revenue 21,788.00 17,923.00 13,797.00 12,786.00 11,531.00
Gross Profit 62,001.00 50,752.00 39,865.00 35,630.00 21,202.00
Operating Expenses 119,705.00 112,687.00 98,502.00 82,934.00 53,534.00
   Selling, General and Administrative Expenses 102,135.00 94,607.00 83,105.00 69,871.00 46,074.00
   Research and Development Expenses 17,570.00 18,080.00 15,397.00 13,063.00 7,460.00
   Other Operating Expenses 0.00 0.00 0.00 0.00 0.00
Operating Income -57,704.00 -61,935.00 -58,637.00 -47,304.00 -32,332.00
Net Non-Operating Income 1,810.00 1,663.00 67.00 -1,014.00 314.00
Interest Income 8,568.00 8,800.00 2,595.00 1,229.00 3,394.00
Interest Expense 3,507.00 3,232.00 1,066.00 829.00 3,181.00
Net Interest 5,061.00 5,568.00 1,529.00 400.00 213.00
EBT -55,894.00 -60,272.00 -58,570.00 -48,318.00 -32,018.00
Income Tax 500.00 571.00 353.00 343.00 213.00
Net Income -56,394.00 -60,843.00 -58,923.00 -48,661.00 -32,231.00
EBIT -52,387.00 -57,040.00 -57,504.00 -47,489.00 -28,837.00
Deprecation and Amortization 1,721.00 3,209.00 3,807.00 3,286.00 1,915.00
EBITDA -50,666.00 -53,831.00 -53,697.00 -44,203.00 -26,922.00
EPS -0.00 -0.00 -0.00 -0.00 0
Diluted EPS -0.00 -0.00 -0.00 -0.00 0
Average Shares Outstanding Basic 39,111.07 37,974.57 37,096.54 36,129.41 0
Average Shares Outstanding Diluted 39,111.07 37,974.57 37,096.54 36,129.41 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -31,537.00 -37,610.00 -45,083.00 -41,388.00 -30,633.00
   Operating Net Income -56,394.00 -60,843.00 -58,923.00 -48,661.00 -32,231.00
   Deprecation and Amortization 1,721.00 3,209.00 3,807.00 3,286.00 1,915.00
   Deferred Income Tax -24.00 26.00 55.00 -24.00 19.00
   Share Based Compensation 22,955.00 22,101.00 16,445.00 10,530.00 3,197.00
   Change in Working Capital -1,703.00 -2,558.00 -7,014.00 -7,846.00 -3,911.00
   Other Operating Activities 1,908.00 455.00 547.00 1,327.00 378.00
Investing Cash Flow 17,476.00 -2,007.00 -4,225.00 -46,255.00 12,694.00
   Capital Expenditure -1,447.00 -807.00 -1,318.00 -3,671.00 -911.00
   Net Purchase/Sale of PPE -1,447.00 -807.00 -1,318.00 -3,671.00 -911.00
   Net Purchase/Sale of Investments Net -27,914.00 -46,200.00 -47,187.00 -52,584.00 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 48,284.00 45,807.00 45,598.00 13,671.00 14,516.00
Financing Cash Flow 1,363.00 21,400.00 2,419.00 4,456.00 234,831.00
   Net Issuance/Repayment of Debt -95.00 19,906.00 -87.00 0 32,993.00
   Net Issuance/Repurchase of Equity 218.00 310.00 671.00 1,897.00 206,379.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 1,240.00 1,184.00 1,835.00 2,559.00 -4,541.00
Net Change in Cash -12,622.00 -18,183.00 -46,744.00 -83,081.00 217,025.00
   Cash at Beginning of Period 83,784.00 101,967.00 148,711.00 231,792.00 14,767.00
   Cash at End of Period 71,162.00 83,784.00 101,967.00 148,711.00 231,792.00
Free Cash Flow -32,984.00 -38,417.00 -46,401.00 -45,059.00 -31,544.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Assets 138,281.00 147,187.00 150,736.00 162,850.00 167,401.00 164,584.00 177,781.00 201,272.00 193,676.00 222,849.00 235,173.00 255,270.00 263,708.00
   Current Assets 111,235.00 120,020.00 123,939.00 136,248.00 140,929.00 147,936.00 150,422.00 181,298.00 168,953.00 200,725.00 208,002.00 239,344.00 249,989.00
      Cash and Short-Term Investments 76,549.00 84,225.00 74,555.00 70,905.00 107,779.00 70,158.00 83,547.00 152,836.00 141,138.00 170,082.00 180,041.00 221,600.00 231,561.00
            Cash and Cash Equivalents 76,549.00 75,466.00 74,555.00 70,905.00 63,312.00 70,158.00 83,547.00 110,407.00 101,736.00 129,168.00 148,480.00 209,283.00 231,561.00
            Short-Term Investments 0 8,759.00 0 0 44,467.00 0 0 42,429.00 39,402.00 40,914.00 31,561.00 9,784.00 0
      Net Receivables 14,296.00 16,399.00 13,975.00 13,120.00 12,325.00 10,522.00 12,105.00 8,171.00 8,677.00 6,810.00 6,562.00 5,119.00 4,228.00
      Inventory 16,248.00 16,175.00 16,809.00 16,915.00 16,959.00 17,228.00 16,743.00 15,588.00 14,564.00 18,304.00 16,285.00 11,916.00 10,741.00
      Other Current Assets 4,142.00 3,221.00 18,600.00 35,308.00 3,866.00 50,028.00 38,027.00 4,703.00 4,574.00 5,529.00 5,114.00 709.00 3,459.00
   Non-Current Assets 27,046.00 27,167.00 26,797.00 26,602.00 26,472.00 16,648.00 27,359.00 19,974.00 24,723.00 22,124.00 27,171.00 15,926.00 13,719.00
      Property, Plant, Equipment Net 20,722.00 21,303.00 21,508.00 21,452.00 21,219.00 6,923.00 7,434.00 9,642.00 10,500.00 12,436.00 12,889.00 10,203.00 10,450.00
      Goodwill 2,333.00 2,333.00 2,333.00 2,333.00 2,333.00 2,333.00 2,333.00 2,333.00 2,333.00 2,333.00 2,333.00 2,333.00 2,333.00
      Intangible Assets 0 0 0 0 0 0 31.00 123.00 154.00 247.00 277.00 370.00 400.00
      Long-Term Investments 0 0 0 0 0 0 0 2,637.00 5,924.00 6,379.00 10,941.00 2,498.00 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 0 0 2,956.00 2,817.00 2,920.00 7,392.00 17,561.00 5,239.00 5,812.00 729.00 731.00 522.00 536.00
Liabilities 78,248.00 78,097.00 73,069.00 77,041.00 73,476.00 54,086.00 59,466.00 57,338.00 39,669.00 40,704.00 41,934.00 38,655.00 37,574.00
   Current Liabilities 22,878.00 22,447.00 24,945.00 24,437.00 18,300.00 21,294.00 23,157.00 17,079.00 18,492.00 17,715.00 17,550.00 14,023.00 12,526.00
      Payables and Expenses 17,280.00 17,149.00 15,913.00 20,348.00 12,657.00 13,263.00 17,824.00 13,582.00 15,053.00 13,818.00 15,095.00 11,702.00 10,217.00
            Account Payables 6,420.00 6,557.00 4,280.00 3,827.00 4,576.00 3,125.00 1,497.00 2,890.00 1,758.00 2,803.00 1,582.00 1,826.00 1,472.00
            Current Accrued Liabilities 9,751.00 9,495.00 11,633.00 16,521.00 7,231.00 10,138.00 16,327.00 10,692.00 13,295.00 11,015.00 13,513.00 9,876.00 8,745.00
      Short-Term Debt 1,241.00 1,219.00 8,904.00 3,954.00 762.00 7,921.00 5,229.00 3,390.00 3,319.00 3,765.00 2,292.00 2,246.00 2,238.00
      Other Current Liabilities 4,357.00 4,079.00 128.00 135.00 4,881.00 110.00 104.00 107.00 120.00 132.00 163.00 75.00 71.00
   Non-Current Liabilities 55,370.00 55,650.00 48,124.00 52,604.00 55,176.00 32,792.00 36,309.00 40,259.00 21,177.00 22,989.00 24,384.00 24,632.00 25,048.00
      Long-Term Debt 55,323.00 55,609.00 48,045.00 52,517.00 55,047.00 32,652.00 36,195.00 40,188.00 3,849.00 22,757.00 7,478.00 8,232.00 8,182.00
      Other Non-Current Liabilities 47.00 41.00 79.00 87.00 129.00 140.00 114.00 71.00 17,328.00 232.00 16,906.00 16,400.00 16,866.00
Equity 60,033.00 69,090.00 77,667.00 85,809.00 93,925.00 110,498.00 118,315.00 143,934.00 154,007.00 182,145.00 193,239.00 216,615.00 226,134.00
   Shareholders Equity 60,033.00 69,090.00 77,667.00 85,809.00 93,925.00 110,498.00 118,315.00 143,934.00 154,007.00 182,145.00 193,239.00 216,615.00 226,134.00
      Capital Stock 41.00 41.00 40.00 40.00 39.00 39.00 39.00 38.00 38.00 37.00 37.00 36.00 36.00
      Share Premium 568,887.00 563,589.00 557,428.00 551,211.00 545,732.00 533,406.00 526,797.00 508,254.00 502,712.00 487,888.00 482,885.00 469,948.00 467,147.00
      Retained Earnings -511,133.00 -497,176.00 -482,003.00 -467,555.00 -454,380.00 -424,910.00 -411,161.00 -366,178.00 -350,318.00 -307,223.00 -291,395.00 -254,779.00 -242,734.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 2,238.00 2,636.00 2,202.00 2,113.00 2,534.00 1,963.00 2,640.00 1,820.00 1,575.00 1,443.00 1,712.00 1,410.00 1,685.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 100.00 0 0 45,973.00 33,555.00 45,066.00 45,326.00 47,293.00 42,502.00 12,282.00 0
Debt 56,564.00 56,828.00 56,949.00 56,471.00 55,809.00 40,573.00 41,424.00 43,578.00 7,168.00 26,522.00 9,770.00 10,478.00 10,420.00
Common Shares Outstanding 41,246.53 40,743.81 40,247.48 39,785.97 39,487.88 38,812.18 38,516.38 37,730.68 37,555.57 37,098.42 36,931.76 35,803.66 35,693.75
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Revenues 21,502.00 23,859.00 22,538.00 20,387.00 18,854.00 14,535.00 10,785.00 9,244.00
Cost Of Revenue 5,450.00 6,655.00 6,196.00 5,361.00 4,776.00 3,946.00 2,674.00 2,633.00
Interest Income 611.00 723.00 1,645.00 1,269.00 2,324.00 1,698.00 303.00 322.00
Interest Expense 805.00 799.00 781.00 891.00 883.00 571.00 198.00 217.00
Net Interest 0 0 864.00 0 1,441.00 1,127.00 105.00 105.00
Non-Interest Expense 25,599.00 26,702.00 0 25,411.00 0 0 0 0
Gross Profit 16,052.00 17,204.00 16,342.00 15,026.00 14,078.00 10,589.00 8,111.00 6,611.00
Operating Expenses 30,445.00 32,008.00 30,905.00 29,155.00 28,614.00 26,989.00 23,779.00 18,638.00
   Selling, General and Administrative Expenses 25,599.00 26,702.00 26,149.00 25,411.00 24,404.00 22,736.00 20,245.00 15,604.00
   Research and Development Expenses 4,846.00 5,306.00 4,756.00 3,744.00 4,210.00 4,253.00 3,534.00 3,034.00
   Other Operating Expenses 0 0 0.00 0 0.00 0.00 0.00 0.00
Operating Income -14,393.00 -14,804.00 -14,563.00 -14,129.00 -14,536.00 -16,400.00 -15,668.00 -12,027.00
Net Non-Operating Income 758.00 -116.00 250.00 -201.00 973.00 664.00 -93.00 49.00
EBT -13,829.00 -14,996.00 -14,313.00 -13,952.00 -13,563.00 -15,736.00 -15,761.00 -11,978.00
Income Tax 128.00 177.00 135.00 192.00 186.00 124.00 67.00 67.00
Net Income Including Non-Controlling Interests -13,957.00 -15,173.00 0 -14,144.00 0 0 0 0
Net Income -13,957.00 -15,173.00 -14,448.00 -14,144.00 -13,749.00 -15,860.00 -15,828.00 -12,045.00
EBIT -13,024.00 -14,197.00 -13,532.00 -13,061.00 -12,680.00 -15,165.00 -15,563.00 -11,761.00
Deprecation and Amortization 246.00 299.00 432.00 376.00 731.00 888.00 1,003.00 717.00
EBITDA -12,778.00 -13,898.00 -13,100.00 -12,685.00 -11,949.00 -14,277.00 -14,560.00 -11,044.00
EPS -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
Average Shares Outstanding Basic 40,936.90 40,429.65 39,954.66 39,276.45 38,636.03 37,572.38 36,805.37 0
Average Shares Outstanding Diluted 40,936.90 40,429.65 39,954.66 39,276.45 38,636.03 37,572.38 36,805.37 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Operating Cash Flow -8,162.00 -3,908.00 -13,222.00 -7,242.00 -11,795.00 -12,644.00 -15,026.00 -9,672.00
   Operating Net Income -13,957.00 -15,173.00 -14,448.00 -14,144.00 -13,749.00 -15,860.00 -15,828.00 -12,045.00
   Deprecation and Amortization 246.00 299.00 432.00 376.00 731.00 888.00 1,003.00 717.00
   Deferred Income Tax 0 0 0 0 0 0 0 0
   Share Based Compensation 5,166.00 6,214.00 5,612.00 5,839.00 5,673.00 4,638.00 3,513.00 2,268.00
   Change in Working Capital -128.00 4,667.00 -4,783.00 825.00 -4,629.00 -2,594.00 -3,778.00 -607.00
   Other Operating Activities 511.00 85.00 -35.00 -138.00 179.00 284.00 64.00 -5.00
Investing Cash Flow 8,711.00 5,471.00 16,313.00 6,751.00 -2,507.00 574.00 -5,622.00 -12,531.00
   Capital Expenditure 0 0 -301.00 0 -451.00 -61.00 -564.00 -242.00
   Net Purchase/Sale of PPE -89.00 -49.00 -301.00 -416.00 -451.00 -61.00 -564.00 -242.00
   Net Purchase/Sale of Investments Net 8,800.00 5,520.00 -3,921.00 7,167.00 -13,806.00 -13,115.00 -9,308.00 -12,289.00
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0
   Other Investing Activities 0.00 0.00 20,836.00 0.00 12,201.00 13,811.00 4,814.00 242.00
Financing Cash Flow 181.00 -67.00 664.00 459.00 864.00 20,720.00 1,315.00 13.00
   Net Issuance/Repayment of Debt -1.00 0 0 0 0 20,000.00 0 0
   Net Issuance/Repurchase of Equity 0 0 110.00 0 56.00 44.00 207.00 95.00
   Dividends Paid 0 0 0 0 0 0 0 0
   Other Financing Activities 182.00 0 554.00 459.00 808.00 676.00 1,108.00 -82.00
Net Change in Cash 730.00 1,496.00 3,650.00 -32.00 -13,390.00 8,671.00 -19,312.00 -22,278.00
   Cash at Beginning of Period 75,725.00 74,812.00 71,162.00 63,721.00 83,784.00 101,967.00 148,711.00 231,792.00
   Cash at End of Period 76,810.00 75,725.00 74,812.00 63,570.00 70,394.00 110,638.00 129,399.00 209,514.00
Free Cash Flow -8,251.00 -3,957.00 -13,523.00 -7,658.00 -12,246.00 -12,705.00 -15,590.00 -9,914.00