Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -19.92 -33.91 -18.05 -8.94
Price to Sales -289.82
Book Value Per Common Share 16.11 12.03 9.32 13.08
Price to Book 4.86 6.12 3.19 1.46
Price to Operating Cash Flow -28.09 -42.96 -22.77 -10.37
Price to Free Cash Flow
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 2022-03-31 2021-09-30 2021-06-30
Price to Earnings -50.87 -54.89 -60.10 -79.92 -86.20 -108.83 -77.92 -82.69 -59.30 -38.58 -57.82
Price to Sales -3546.00
Book Value Per Common Share 11.70 13.05 14.12 15.81 9.86 10.52 6.94 7.41 7.83 5.57 9.39 -15.26
Price to Book 7.39 5.85 5.02 6.47 7.69 7.14 6.63 5.69 3.33 2.49 2.40
Price to Operating Cash Flow -88.54 -71.56 -92.63 -146.65 -119.07 -133.49 -55.37 -108.35 -60.59 -49.52
Price to Free Cash Flow -88.54 -71.56 -146.65
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY
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 2022-03-31 2021-09-30 2021-06-30
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 16.84 12.36 9.51 13.23
Quick Ratio
Current Ratio 20.96 22.83 24.54 33.07
Debt to Equity 0.07 0.05 0.04 0.03
Long-Term Debt to Equity 0.02 0.00 0.00 0.00
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 2022-03-31 2021-09-30 2021-06-30
Cash Per Common Share 13.07 14.00 14.99 17.79 10.18 10.78 7.24 7.58 7.94 5.65 9.43 44.72
Quick Ratio
Current Ratio 10.73 13.57 14.48 23.07 17.45 20.93 14.42 21.01 26.81 33.79 44.60 23.89
Debt to Equity 0.16 0.11 0.09 0.06 0.06 0.05 0.07 0.05 0.04 0.03 0.02 0.04
Long-Term Debt to Equity 0.05 0.03 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -22.84 -17.23 -16.97 -15.77
ROE -24.37 -18.02 -17.68 -16.26
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin
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 2022-03-31 2021-09-30 2021-06-30
ROA -12.49 -9.58 -7.65 -7.09 -8.47 -6.28 -7.92 -6.58 -5.46 -6.33 -4.03 -6.86
ROE -14.48 -10.60 -8.37 -7.52 -8.97 -6.59 -8.50 -6.91 -5.67 -6.53 -4.13 -7.15
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin

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

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 1,141,752.00 732,384.00 482,459.00 293,824.00
   Current Assets 1,132,448.00 726,488.00 477,991.00 290,628.00
      Cash and Short-Term Investments 1,118,302.00 719,905.00 472,163.00 288,111.00
            Cash and Cash Equivalents 145,691.00 335,387.00 241,806.00 68,526.00
            Short-Term Investments 972,611.00 384,518.00 230,357.00 219,585.00
      Net Receivables 0 0 0 0
      Inventory 0 0 0 0
      Other Current Assets 14,146.00 6,583.00 5,828.00 2,517.00
   Non-Current Assets 9,304.00 5,896.00 4,468.00 3,196.00
      Property, Plant, Equipment Net 0 0 0 0
      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 0 0 0 0
Liabilities 71,960.00 31,823.00 19,481.00 8,787.00
   Current Liabilities 54,020.00 31,823.00 19,481.00 8,787.00
      Payables and Expenses 54,020.00 31,823.00 19,481.00 8,787.00
            Account Payables 5,225.00 9,274.00 7,195.00 2,893.00
            Current Accrued Liabilities 48,795.00 22,549.00 12,286.00 5,894.00
      Short-Term Debt 0 0 0 0
      Other Current Liabilities 0.00 0.00 0.00 0.00
   Non-Current Liabilities 17,940.00 0.00 0.00 0.00
      Long-Term Debt 0 0 0 0
      Other Non-Current Liabilities 0 0 0 0
Equity 1,069,792.00 700,561.00 462,978.00 285,037.00
   Shareholders Equity 1,069,792.00 700,561.00 462,978.00 285,037.00
      Capital Stock 7.00 6.00 1.00 4.00
      Share Premium 1,616,895.00 986,819.00 623,543.00 363,483.00
      Retained Earnings -547,052.00 -286,296.00 -160,077.00 -78,223.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income -59.00 31.00 -494.00 -228.00
   Minority Interest 0 0 0 0
Investments 972,611.00 384,518.00 230,357.00 219,585.00
Debt 0 0 0 0
Common Shares Outstanding 0 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues -17,940.00 0 0 0
Operating Expenses 280,368.00 149,492.00 86,108.00 45,817.00
   Selling, General and Administrative Expenses 62,594.00 36,249.00 22,377.00 10,258.00
   Research and Development Expenses 217,774.00 113,243.00 63,731.00 35,559.00
   Other Operating Expenses 0.00 0.00 0.00 0.00
Operating Income -280,368.00 -149,492.00 -86,108.00 -45,817.00
Net Non-Operating Income 20,376.00 23,273.00 4,254.00 -521.00
Interest Expense 0.00 0.00 0.00 0.00
Net Interest 38,400.00 0 0 0
EBT -259,992.00 -126,219.00 -81,854.00 -46,338.00
Income Tax 764.00 0.00 0.00 0.00
Net Income -260,756.00 -126,219.00 -81,854.00 -46,338.00
EBIT -259,992.00 -126,219.00 -81,854.00 -46,338.00
Deprecation and Amortization 0.00 0.00 0.00 0.00
EPS -0.00 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 66,408.81 58,223.34 49,668.86 21,783.75
Average Shares Outstanding Diluted 66,408.81 58,223.34 49,668.86 21,783.75
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -185,064.00 -99,739.00 -64,971.00 -40,000.00
   Operating Net Income -260,756.00 -126,219.00 -81,854.00 -46,338.00
   Deprecation and Amortization 0 0 0 0
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 60,579.00 25,563.00 10,325.00 3,551.00
   Change in Working Capital 11,842.00 11,026.00 6,931.00 1,941.00
   Other Operating Activities 3,271.00 -10,109.00 -373.00 846.00
Investing Cash Flow -573,514.00 -143,527.00 -10,665.00 -220,028.00
   Capital Expenditure 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 0 0 0 0
   Net Purchase/Sale of Investments Net -573,514.00 -143,527.00 -10,665.00 -220,028.00
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities 0.00 0.00 0.00 0.00
Financing Cash Flow 568,882.00 336,847.00 248,916.00 318,222.00
   Net Issuance/Repayment of Debt 0 0 0 0
   Net Issuance/Repurchase of Equity 569,987.00 338,480.00 250,470.00 321,934.00
   Dividends Paid 0 0 0 0
   Other Financing Activities -1,105.00 -1,633.00 -1,554.00 -3,712.00
Net Change in Cash -189,696.00 93,581.00 173,280.00 0
   Cash at Beginning of Period 335,387.00 241,806.00 68,526.00 0
   Cash at End of Period 145,691.00 335,387.00 241,806.00 0
Free Cash Flow 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 2022-03-31 2021-12-31 2021-09-30 2021-06-30
Assets 979,910.00 1,040,543.00 1,105,806.00 1,141,752.00 1,188,858.00 675,230.00 708,466.00 732,384.00 425,080.00 441,948.00 460,989.00 482,459.00 277,039.00 293,824.00 307,973.00 143,502.00
   Current Assets 956,945.00 1,019,610.00 1,086,553.00 1,132,448.00 1,179,675.00 666,258.00 699,494.00 726,488.00 419,773.00 436,992.00 456,293.00 477,991.00 274,473.00 290,628.00 305,139.00 139,281.00
      Cash and Short-Term Investments 943,103.00 1,005,598.00 1,073,225.00 1,118,302.00 1,168,309.00 657,994.00 691,837.00 719,905.00 413,258.00 431,239.00 450,462.00 472,163.00 272,734.00 288,111.00 302,429.00 138,919.00
            Cash and Cash Equivalents 115,752.00 127,470.00 120,835.00 145,691.00 369,244.00 77,700.00 98,515.00 335,387.00 88,434.00 70,872.00 90,115.00 241,806.00 67,273.00 68,526.00 245,886.00 138,919.00
            Short-Term Investments 827,351.00 878,128.00 952,390.00 972,611.00 799,065.00 580,294.00 593,322.00 384,518.00 324,824.00 360,367.00 360,347.00 230,357.00 205,461.00 219,585.00 56,543.00 0
      Net Receivables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 13,842.00 14,012.00 13,328.00 14,146.00 11,366.00 8,264.00 7,657.00 6,583.00 6,515.00 5,753.00 5,831.00 5,828.00 1,739.00 2,517.00 2,710.00 362.00
   Non-Current Assets 22,965.00 20,933.00 19,253.00 9,304.00 9,183.00 8,972.00 8,972.00 5,896.00 5,307.00 4,956.00 4,696.00 4,468.00 2,566.00 3,196.00 2,834.00 4,221.00
      Property, Plant, Equipment Net 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Goodwill 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
      Long-Term Investments 0 0 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 0 0
      Other Non-Current Assets 22,965.00 20,933.00 0 0 9,183.00 0 0 0 0 0 0 0 0 0 0 0
Liabilities 134,511.00 100,801.00 94,749.00 71,960.00 67,732.00 38,192.00 33,427.00 31,823.00 29,103.00 20,795.00 17,021.00 19,481.00 8,124.00 8,787.00 6,842.00 5,829.00
   Current Liabilities 89,151.00 75,147.00 75,034.00 54,020.00 51,132.00 38,192.00 33,427.00 31,823.00 29,103.00 20,795.00 17,021.00 19,481.00 8,124.00 8,787.00 6,842.00 5,829.00
      Payables and Expenses 77,334.00 67,354.00 31,181.00 54,020.00 44,305.00 38,192.00 33,427.00 31,823.00 29,103.00 20,795.00 17,021.00 19,481.00 8,124.00 8,787.00 6,842.00 5,829.00
            Account Payables 22,010.00 13,342.00 26,165.00 5,225.00 15,934.00 7,403.00 13,396.00 9,274.00 9,781.00 8,117.00 6,433.00 7,195.00 4,246.00 2,893.00 2,532.00 3,798.00
            Current Accrued Liabilities 55,324.00 54,012.00 5,016.00 48,795.00 28,371.00 30,789.00 20,031.00 22,549.00 19,322.00 12,678.00 10,588.00 12,286.00 3,878.00 5,894.00 4,310.00 2,031.00
      Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Liabilities 11,817.00 7,793.00 43,853.00 0.00 6,827.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Non-Current Liabilities 45,360.00 25,654.00 19,715.00 17,940.00 16,600.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
      Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Liabilities 45,360.00 25,654.00 0 0 16,600.00 0 0 0 0 0 0 0 0 0 0 0
Equity 845,399.00 939,742.00 1,011,057.00 1,069,792.00 1,121,126.00 637,038.00 675,039.00 700,561.00 395,977.00 421,153.00 443,968.00 462,978.00 268,915.00 285,037.00 301,131.00 137,673.00
   Shareholders Equity 845,399.00 939,742.00 1,011,057.00 1,069,792.00 1,121,126.00 637,038.00 675,039.00 700,561.00 395,977.00 421,153.00 443,968.00 462,978.00 268,915.00 285,037.00 301,131.00 -47,740.00
      Capital Stock 8.00 8.00 1.00 7.00 8.00 1.00 1.00 6.00 5.00 1.00 5.00 1.00 4.00 4.00 4.00 0
      Share Premium 1,696,745.00 1,669,658.00 1,641,829.00 1,616,895.00 1,592,034.00 1,026,546.00 1,007,128.00 986,819.00 645,285.00 637,043.00 629,533.00 623,543.00 365,701.00 363,483.00 362,083.00 1,052.00
      Retained Earnings -853,724.00 -731,287.00 -631,634.00 -547,052.00 -472,289.00 -387,944.00 -330,778.00 -286,296.00 -248,004.00 -214,359.00 -185,269.00 -160,077.00 -95,772.00 -78,223.00 -60,934.00 -48,508.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 2,370.00 1,363.00 854.00 -59.00 1,373.00 -1,571.00 -1,318.00 31.00 -1,310.00 -1,537.00 -302.00 -494.00 -1,019.00 -228.00 -23.00 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 952,390.00 972,611.00 0 580,294.00 593,322.00 384,518.00 324,824.00 360,367.00 360,347.00 230,357.00 205,461.00 219,585.00 56,543.00 0
Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Common Shares Outstanding 72,272.14 72,015.29 0 0 70,930.63 0 0 0 0 0 0 0 0 0 0 3,129.38
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 2021-06-30
Revenues 0 0 -1,430.00 -17,940.00 0 0 0 0 0 0 0 0 0 0
Interest Income 10,201.00 11,103.00 0 0 8,626.00 0 0 0 0 0 0 0 0 0
Interest Expense 0 0 0.00 0.00 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Interest 0 0 11,835.00 21,800.00 0 8,100.00 8,500.00 0 0 0 0 0 0 0
Non-Interest Expense 28,853.00 23,658.00 0 0 15,780.00 0 0 0 0 0 0 0 0 0
Operating Expenses 112,696.00 104,571.00 94,812.00 86,299.00 76,331.00 65,150.00 52,588.00 46,437.00 38,783.00 34,062.00 30,210.00 17,688.00 12,427.00 9,850.00
   Selling, General and Administrative Expenses 28,853.00 23,658.00 20,394.00 16,876.00 15,780.00 15,984.00 13,954.00 10,852.00 9,172.00 8,140.00 8,085.00 4,995.00 3,372.00 2,024.00
   Research and Development Expenses 83,843.00 80,913.00 74,418.00 69,423.00 60,551.00 49,166.00 38,634.00 35,585.00 29,611.00 25,922.00 22,125.00 12,693.00 9,055.00 7,826.00
   Other Operating Expenses 0 0 0.00 0.00 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Income -112,696.00 -104,571.00 -94,812.00 -86,299.00 -76,331.00 -65,150.00 -52,588.00 -46,437.00 -38,783.00 -34,062.00 -30,210.00 -17,688.00 -12,427.00 -9,850.00
Net Non-Operating Income -19,810.00 -6,040.00 10,387.00 20,333.00 -16,600.00 8,154.00 8,489.00 8,145.00 5,138.00 4,972.00 5,018.00 139.00 1.00 12.00
EBT -122,305.00 -99,508.00 -84,425.00 -74,592.00 -84,305.00 -56,996.00 -44,099.00 -38,292.00 -33,645.00 -29,090.00 -25,192.00 -17,549.00 -12,426.00 -9,838.00
Income Tax 132.00 145.00 157.00 171.00 40.00 170.00 383.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income Including Non-Controlling Interests -122,437.00 -99,653.00 0 0 -84,345.00 0 0 0 0 0 0 0 0 0
Net Income -122,437.00 -99,653.00 -84,582.00 -74,763.00 -84,345.00 -57,166.00 -44,482.00 -38,292.00 -33,645.00 -29,090.00 -25,192.00 -17,549.00 -12,426.00 -9,838.00
EBIT -112,696.00 -104,571.00 -84,425.00 -82,566.00 -76,331.00 -56,996.00 -44,099.00 -38,292.00 -33,645.00 -29,090.00 -25,192.00 -17,549.00 -12,426.00 -9,838.00
Deprecation and Amortization 0 0 0.00 0.00 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0
EBITDA -112,696.00 -104,571.00 0 0 -76,331.00 0 0 0 0 0 0 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 -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 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 72,143.47 71,843.77 71,607.55 71,200.64 65,678.69 64,605.31 64,150.59 62,231.10 57,091.39 56,866.99 56,703.87 48,284.78 32,066.09 3,106.15
Average Shares Outstanding Diluted 72,143.47 71,843.77 71,607.55 71,200.64 65,678.69 64,605.31 64,150.59 62,231.10 57,091.39 56,866.99 56,703.87 48,284.78 32,066.09 3,106.15
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
Operating Cash Flow -70,462.00 -76,598.00 -54,821.00 -62,000.00 -45,817.00 -41,160.00 -36,087.00 -5,795.00 -47,395.00 -22,135.00 -24,414.00 -13,542.00
   Operating Net Income -122,437.00 -99,653.00 -84,582.00 -74,763.00 -84,345.00 -57,166.00 -44,482.00 -13,100.00 -58,837.00 -29,090.00 -25,192.00 -17,549.00
   Deprecation and Amortization 0 0 0 0 0 0.00 0 0 0.00 0.00 0 0
   Deferred Income Tax 0 0 0 0 0 0.00 0 0 0.00 0.00 0 0
   Share Based Compensation 22,314.00 22,074.00 20,380.00 16,138.00 15,459.00 15,125.00 13,857.00 2,119.00 12,225.00 5,848.00 5,371.00 2,205.00
   Change in Working Capital 11,939.00 -2,450.00 12,575.00 218.00 9,390.00 4,314.00 -2,080.00 4,740.00 4,385.00 3,956.00 -2,055.00 1,526.00
   Other Operating Activities 17,722.00 3,431.00 -3,194.00 -3,593.00 13,679.00 -3,433.00 -3,382.00 446.00 -5,168.00 -2,849.00 -2,538.00 276.00
Investing Cash Flow 53,971.00 77,478.00 25,417.00 -170,045.00 -212,906.00 16,208.00 -206,771.00 70,999.00 -88,860.00 1,594.00 -127,260.00 13,057.00
   Capital Expenditure 0 0 0.00 0.00 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 0 0 0 0 0 0.00 0 0 0.00 0.00 0 0
   Net Purchase/Sale of Investments Net 53,971.00 77,478.00 25,417.00 -170,045.00 -212,906.00 16,208.00 -206,771.00 70,999.00 -88,860.00 1,594.00 -127,260.00 13,057.00
   Net Purchase/Sale of Business 0 0 0 0 0 0.00 0 0 0.00 0.00 0 0
   Net Loan & Lease Activity 0 0 0 0
   Other Investing Activities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financing Cash Flow 4,773.00 5,755.00 4,548.00 8,492.00 550,267.00 4,137.00 5,986.00 333,440.00 2,126.00 1,298.00 -17.00 -768.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0.00 0 0 0.00 0.00 0 0
   Net Issuance/Repurchase of Equity 4,773.00 5,755.00 4,554.00 8,787.00 550,455.00 4,293.00 6,452.00 334,192.00 2,007.00 1,662.00 619.00 13.00
   Dividends Paid 0 0 0 0 0 0.00 0 0 0.00 0.00 0 0
   Other Financing Activities 0.00 0.00 -6.00 -295.00 -188.00 -156.00 -466.00 -752.00 119.00 -364.00 -636.00 -781.00
Net Change in Cash -11,718.00 6,635.00 -24,856.00 -223,553.00 291,544.00 -20,815.00 -236,872.00 398,644.00 -134,129.00 -19,243.00 -151,691.00 -1,253.00
   Cash at Beginning of Period 127,470.00 120,835.00 145,691.00 369,244.00 77,700.00 98,515.00 335,387.00 -63,257.00 222,563.00 90,115.00 241,806.00 68,526.00
   Cash at End of Period 115,752.00 127,470.00 120,835.00 145,691.00 369,244.00 77,700.00 98,515.00 335,387.00 88,434.00 70,872.00 90,115.00 67,273.00
Free Cash Flow -70,462.00 -76,598.00 0 0 -45,817.00 0.00 0 0 0.00 0.00 0 0