OKUR
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -0.56 | |||
| Price to Sales | ||||
| Book Value Per Common Share | 30.12 | 2.65 | 4.05 | 6.02 |
| Price to Book | 0.29 | |||
| Price to Operating Cash Flow | -0.58 | |||
| 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 | 2023-12-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | -0.81 | -1.03 | -3.61 | |||||||||||||||
| Price to Sales | ||||||||||||||||||
| Book Value Per Common Share | 4.92 | 5.80 | 6.75 | 22.14 | 2.30 | 2.43 | 2.65 | 3.39 | 3.92 | 3.47 | 4.05 | 4.57 | 5.07 | 5.53 | 6.02 | 6.40 | 6.90 | -45.88 |
| Price to Book | 0.56 | 0.41 | 0.64 | |||||||||||||||
| Price to Operating Cash Flow | -0.92 | -1.18 | -4.12 | |||||||||||||||
| 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 | ||||
| EBITDA YoY | ||||
| Net Profit YoY |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 32.13 | 3.36 | 4.13 | 8.14 |
| Quick Ratio | ||||
| Current Ratio | 10.73 | 5.87 | 14.93 | 24.79 |
| Debt to Equity | 0.11 | 0.21 | 0.08 | 0.05 |
| Long-Term Debt to Equity | 0.01 | 0.01 | 0.01 | 0.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 5.21 | 6.19 | 7.20 | 22.94 | 2.29 | 2.48 | 3.08 | 4.23 | 5.16 | 3.75 | 4.10 | 4.74 | 5.19 | 5.67 | 6.04 | 6.46 | 13.78 | 42.95 |
| Quick Ratio | ||||||||||||||||||
| Current Ratio | 11.45 | 11.13 | 11.18 | 23.71 | 57.86 | 29.82 | 5.87 | 9.49 | 10.65 | 9.26 | 14.93 | 12.80 | 15.84 | 18.04 | 24.79 | 25.60 | 51.30 | 23.81 |
| Debt to Equity | 0.10 | 0.10 | 0.10 | 0.08 | 0.02 | 0.04 | 0.21 | 0.13 | 0.12 | 0.14 | 0.08 | 0.09 | 0.08 | 0.07 | 0.05 | 0.04 | 0.02 | 0.04 |
| Long-Term Debt to Equity | 0.00 | 0.00 | 0.01 | 0.03 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -45.84 | -72.03 | -48.03 | -25.82 |
| ROE | -50.73 | -87.34 | -51.97 | -27.02 |
| 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 | 2023-12-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | -63.18 | -36.38 | -15.94 | -22.51 | -17.51 | -9.96 | -41.29 | -23.40 | -15.28 | -31.31 | -18.97 | -9.03 | -17.90 | -9.59 | -7.57 | |||
| ROE | -69.27 | -40.06 | -17.57 | -24.27 | -17.94 | -10.37 | -46.84 | -26.14 | -17.35 | -34.23 | -20.42 | -9.63 | -18.67 | -9.80 | -7.89 | |||
| 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 | 2023-12-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | ||||||||||||||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 114,907.00 | 107,436.00 | 108,182.00 | 154,024.00 |
| Current Assets | 113,003.00 | 106,622.00 | 106,353.00 | 153,734.00 |
| Cash and Short-Term Investments | 110,761.00 | 102,963.00 | 101,173.00 | 147,670.00 |
| Cash and Cash Equivalents | 110,761.00 | 27,632.00 | 19,927.00 | 124,660.00 |
| Short-Term Investments | 0 | 75,331.00 | 81,246.00 | 23,010.00 |
| Net Receivables | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 2,242.00 | 3,659.00 | 5,180.00 | 6,064.00 |
| Non-Current Assets | 1,904.00 | 814.00 | 1,829.00 | 290.00 |
| Property, Plant, Equipment Net | 1,795.00 | 733.00 | 1,945.00 | 212.00 |
| 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 | 109.00 | 81.00 | -116.00 | 78.00 |
| Liabilities | 11,079.00 | 18,826.00 | 8,212.00 | 6,813.00 |
| Current Liabilities | 10,530.00 | 18,177.00 | 7,124.00 | 6,202.00 |
| Payables and Expenses | 9,994.00 | 17,846.00 | 6,720.00 | 6,202.00 |
| Account Payables | 2,968.00 | 8,717.00 | 1,893.00 | 2,022.00 |
| Current Accrued Liabilities | 7,026.00 | 9,129.00 | 4,827.00 | 4,180.00 |
| Short-Term Debt | 536.00 | 331.00 | 404.00 | 0 |
| Other Current Liabilities | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-Current Liabilities | 549.00 | 649.00 | 1,088.00 | 611.00 |
| Long-Term Debt | 549.00 | 642.00 | 1,059.00 | 0 |
| Other Non-Current Liabilities | 0.00 | 7.00 | 29.00 | 0 |
| Equity | 103,828.00 | 88,610.00 | 99,970.00 | 147,211.00 |
| Shareholders Equity | 103,828.00 | 88,610.00 | 99,970.00 | 147,211.00 |
| Capital Stock | 1.00 | 3.00 | 3.00 | 3.00 |
| Share Premium | 258,551.00 | 307,073.00 | 236,693.00 | 231,902.00 |
| Retained Earnings | -154,724.00 | -218,474.00 | -136,683.00 | -84,728.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 8.00 | -43.00 | 34.00 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Investments | 0 | 75,331.00 | 81,246.00 | 23,010.00 |
| Debt | 1,085.00 | 973.00 | 1,463.00 | 0 |
| Common Shares Outstanding | 0 | 33,420.81 | 24,699.55 | 24,455.39 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Expenses | 54,386.00 | 83,053.00 | 53,848.00 | 39,818.00 |
| Selling, General and Administrative Expenses | 10,591.00 | 26,440.00 | 16,143.00 | 11,649.00 |
| Research and Development Expenses | 43,795.00 | 56,613.00 | 37,705.00 | 28,169.00 |
| Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -54,386.00 | -83,053.00 | -53,848.00 | -39,818.00 |
| Net Non-Operating Income | 0 | 5,665.00 | 1,893.00 | 48.00 |
| Interest Income | 2,013.00 | 0 | 0 | 0 |
| Interest Expense | 300.00 | 0.00 | 0.00 | 0.00 |
| Net Interest | 1,713.00 | 0 | 0 | 0 |
| EBT | 0 | -77,388.00 | -51,955.00 | -39,770.00 |
| Income Tax | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -52,673.00 | -77,388.00 | -51,955.00 | -39,770.00 |
| EBIT | 0 | -77,388.00 | -51,955.00 | -39,770.00 |
| Deprecation and Amortization | 662.00 | 4,947.00 | 905.00 | 152.00 |
| EBITDA | 0 | -72,441.00 | -51,050.00 | -39,618.00 |
| EPS | -0.02 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.02 | -0.00 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 3,447.07 | 30,676.46 | 24,496.42 | 18,143.49 |
| Average Shares Outstanding Diluted | 3,447.07 | 30,676.46 | 24,496.42 | 18,143.49 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -51,117.00 | -63,682.00 | -47,362.00 | -37,983.00 |
| Operating Net Income | -160,032.00 | -77,388.00 | -51,955.00 | -39,770.00 |
| Deprecation and Amortization | 662.00 | 4,947.00 | 905.00 | -152.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 4,530.00 | 5,112.00 | 4,320.00 | 3,891.00 |
| Change in Working Capital | -8,464.00 | 9,170.00 | -797.00 | 6,491.00 |
| Other Operating Activities | 112,187.00 | -5,523.00 | 165.00 | -8,443.00 |
| Investing Cash Flow | 15,873.00 | 10,522.00 | -57,842.00 | -23,376.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 52.00 | 221.00 | 346.00 | 198.00 |
| Net Purchase/Sale of Investments Net | 15,925.00 | 473,257.00 | 145,696.00 | 39,634.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | -104.00 | -462,956.00 | -203,884.00 | -63,208.00 |
| Financing Cash Flow | 116,129.00 | 60,865.00 | 471.00 | 132,406.00 |
| Net Issuance/Repayment of Debt | 6,000.00 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 58,881.00 | 68,941.00 | 193.00 | 132,406.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 51,248.00 | -8,076.00 | 278.00 | 0.00 |
| Net Change in Cash | 80,885.00 | 7,705.00 | -104,733.00 | 71,047.00 |
| Cash at Beginning of Period | 29,876.00 | 19,927.00 | 124,660.00 | 53,613.00 |
| Cash at End of Period | 110,761.00 | 27,632.00 | 19,927.00 | 124,660.00 |
| 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 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 72,835.00 | 86,070.00 | 99,882.00 | 114,907.00 | 77,645.00 | 78,717.00 | 84,639.00 | 107,436.00 | 130,388.00 | 148,039.00 | 98,868.00 | 108,182.00 | 122,504.00 | 133,608.00 | 144,412.00 | 154,024.00 | 162,943.00 | 171,304.00 | 95,321.00 |
| Current Assets | 71,526.00 | 84,552.00 | 98,172.00 | 113,003.00 | 76,999.00 | 77,990.00 | 83,927.00 | 106,622.00 | 128,772.00 | 146,320.00 | 97,018.00 | 106,353.00 | 120,998.00 | 132,011.00 | 142,715.00 | 153,734.00 | 162,665.00 | 171,141.00 | 93,560.00 |
| Cash and Short-Term Investments | 70,331.00 | 83,374.00 | 96,661.00 | 110,761.00 | 76,700.00 | 76,674.00 | 82,835.00 | 102,963.00 | 125,614.00 | 142,677.00 | 93,787.00 | 101,173.00 | 116,080.00 | 126,852.00 | 138,662.00 | 147,670.00 | 157,734.00 | 334,631.00 | 91,221.00 |
| Cash and Cash Equivalents | 70,331.00 | 83,374.00 | 96,661.00 | 110,761.00 | 60,689.00 | 35,970.00 | 20,375.00 | 27,632.00 | 11,737.00 | 9,081.00 | 30,395.00 | 19,927.00 | 62,132.00 | 118,264.00 | 121,094.00 | 124,660.00 | 126,409.00 | 307,668.00 | 91,221.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 15,979.00 | 40,704.00 | 62,460.00 | 75,331.00 | 113,877.00 | 133,596.00 | 63,392.00 | 81,246.00 | 53,948.00 | 8,588.00 | 17,568.00 | 23,010.00 | 31,325.00 | 26,963.00 | 0 |
| Net Receivables | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Other Current Assets | 1,195.00 | 1,178.00 | 1,511.00 | 2,242.00 | 299.00 | 1,316.00 | 1,092.00 | 3,659.00 | 3,158.00 | 3,643.00 | 3,231.00 | 5,180.00 | 4,918.00 | 5,159.00 | 4,053.00 | 6,064.00 | 4,931.00 | -163,490.00 | 2,339.00 |
| Non-Current Assets | 1,309.00 | 1,518.00 | 1,710.00 | 1,904.00 | 646.00 | 727.00 | 712.00 | 814.00 | 1,616.00 | 1,719.00 | 1,850.00 | 1,829.00 | 1,506.00 | 1,597.00 | 1,697.00 | 290.00 | 278.00 | 163.00 | 1,761.00 |
| Property, Plant, Equipment Net | 1,205.00 | 1,402.00 | 1,601.00 | 1,795.00 | 499.00 | 574.00 | 648.00 | 733.00 | 1,535.00 | 1,640.00 | 1,769.00 | 1,945.00 | 1,427.00 | 1,519.00 | 1,619.00 | 212.00 | 200.00 | 85.00 | 81.00 |
| Goodwill | 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 |
| Long-Term Investments | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Other Non-Current Assets | 104.00 | 116.00 | 109.00 | 109.00 | 147.00 | 153.00 | 64.00 | 81.00 | 81.00 | 79.00 | 81.00 | -116.00 | 79.00 | 78.00 | 78.00 | 78.00 | 78.00 | 78.00 | 1,680.00 |
| Liabilities | 6,407.00 | 7,904.00 | 9,234.00 | 11,079.00 | 5,627.00 | 1,848.00 | 3,397.00 | 18,826.00 | 15,444.00 | 15,511.00 | 11,784.00 | 8,212.00 | 10,459.00 | 9,451.00 | 9,094.00 | 6,813.00 | 6,735.00 | 3,753.00 | 3,962.00 |
| Current Liabilities | 6,247.00 | 7,597.00 | 8,785.00 | 10,530.00 | 3,248.00 | 1,348.00 | 2,814.00 | 18,177.00 | 13,563.00 | 13,738.00 | 10,481.00 | 7,124.00 | 9,450.00 | 8,335.00 | 7,910.00 | 6,202.00 | 6,353.00 | 3,336.00 | 3,930.00 |
| Payables and Expenses | 4,268.00 | 7,041.00 | 8,239.00 | 9,994.00 | 962.00 | 1,017.00 | 2,483.00 | 17,846.00 | 13,238.00 | 13,420.00 | 10,118.00 | 6,720.00 | 9,040.00 | 7,927.00 | 7,453.00 | 6,202.00 | 6,353.00 | 3,336.00 | 3,930.00 |
| Account Payables | 1,290.00 | 2,381.00 | 2,344.00 | 2,968.00 | 237.00 | 64.00 | 676.00 | 8,717.00 | 2,473.00 | 1,828.00 | 1,802.00 | 1,893.00 | 2,189.00 | 1,560.00 | 1,566.00 | 2,022.00 | 1,271.00 | 434.00 | 556.00 |
| Current Accrued Liabilities | 2,978.00 | 4,660.00 | 5,895.00 | 7,026.00 | 725.00 | 953.00 | 1,807.00 | 9,129.00 | 10,765.00 | 11,592.00 | 8,316.00 | 4,827.00 | 6,851.00 | 6,367.00 | 5,887.00 | 4,180.00 | 5,082.00 | 2,902.00 | 3,374.00 |
| Short-Term Debt | 567.00 | 556.00 | 546.00 | 536.00 | 286.00 | 331.00 | 331.00 | 331.00 | 325.00 | 318.00 | 363.00 | 404.00 | 410.00 | 408.00 | 457.00 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1,412.00 | 0.00 | 0.00 | 0.00 | 2,000.00 | 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 |
| Non-Current Liabilities | 160.00 | 307.00 | 449.00 | 549.00 | 2,379.00 | 500.00 | 583.00 | 649.00 | 1,881.00 | 1,773.00 | 1,303.00 | 1,088.00 | 1,009.00 | 1,116.00 | 1,184.00 | 611.00 | 382.00 | 417.00 | 32.00 |
| Long-Term Debt | 120.00 | 267.00 | 409.00 | 549.00 | 379.00 | 492.00 | 576.00 | 642.00 | 812.00 | 897.00 | 979.00 | 1,059.00 | 943.00 | 1,061.00 | 1,127.00 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 40.00 | 40.00 | 40.00 | 0.00 | 2,000.00 | 8.00 | 7.00 | 7.00 | 1,069.00 | 876.00 | 324.00 | 29.00 | 66.00 | 55.00 | 57.00 | 0 | 0 | 0 | 0 |
| Equity | 66,428.00 | 78,166.00 | 90,648.00 | 103,828.00 | 72,018.00 | 76,869.00 | 81,242.00 | 88,610.00 | 114,944.00 | 132,528.00 | 87,084.00 | 99,970.00 | 112,045.00 | 124,157.00 | 135,318.00 | 147,211.00 | 156,208.00 | 167,551.00 | 91,359.00 |
| Shareholders Equity | 66,428.00 | 78,166.00 | 90,648.00 | 103,828.00 | 74,018.00 | 76,869.00 | 81,242.00 | 88,610.00 | 114,944.00 | 132,528.00 | 87,084.00 | 99,970.00 | 112,045.00 | 124,157.00 | 135,318.00 | 147,211.00 | 156,208.00 | 167,551.00 | -97,434.00 |
| Capital Stock | 1.00 | 1.00 | 1.00 | 1.00 | 0 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 0 |
| Share Premium | 267,165.00 | 264,204.00 | 261,296.00 | 258,551.00 | 309,969.00 | 309,140.00 | 308,151.00 | 307,073.00 | 305,479.00 | 303,877.00 | 238,859.00 | 236,693.00 | 235,151.00 | 234,062.00 | 233,015.00 | 231,902.00 | 230,309.00 | 228,929.00 | 3,453.00 |
| Retained Earnings | -200,738.00 | -186,039.00 | -170,649.00 | -154,724.00 | -235,953.00 | -232,261.00 | -226,900.00 | -218,474.00 | -190,517.00 | -171,321.00 | -151,790.00 | -136,683.00 | -123,083.00 | -110,076.00 | -97,764.00 | -84,728.00 | -74,121.00 | -61,386.00 | -52,170.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 2.00 | -13.00 | -12.00 | 8.00 | -21.00 | -31.00 | 12.00 | -43.00 | -26.00 | 168.00 | 64.00 | 34.00 | 17.00 | 5.00 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 15,979.00 | 40,704.00 | 62,460.00 | 75,331.00 | 113,877.00 | 133,596.00 | 63,392.00 | 81,246.00 | 53,948.00 | 8,588.00 | 17,568.00 | 23,010.00 | 31,325.00 | 26,963.00 | 0 |
| Debt | 687.00 | 823.00 | 955.00 | 1,085.00 | 665.00 | 823.00 | 907.00 | 973.00 | 1,137.00 | 1,215.00 | 1,342.00 | 1,463.00 | 1,353.00 | 1,469.00 | 1,584.00 | 0 | 0 | 0 | 0 |
| Common Shares Outstanding | 0 | 0 | 0 | 0 | 3,343.53 | 33,420.81 | 33,420.81 | 33,420.81 | 33,872.17 | 33,800.79 | 25,107.43 | 24,699.55 | 24,529.65 | 24,479.65 | 24,458.55 | 24,455.39 | 24,407.72 | 24,288.70 | 2,123.73 |
| 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 Expenses | 48,825.00 | 33,324.00 | 17,000.00 | 8,302.00 | 20,591.00 | 15,929.00 | 9,564.00 | -28,277.00 | 58,047.00 | 37,160.00 | 16,123.00 | -23,899.00 | 39,286.00 | 25,446.00 | 13,015.00 | -13,032.00 | 29,194.00 | 16,442.00 | 7,214.00 |
| Selling, General and Administrative Expenses | 11,285.00 | 7,699.00 | 3,988.00 | -18,582.00 | 14,155.00 | 10,396.00 | 4,622.00 | -9,501.00 | 19,038.00 | 11,771.00 | 5,132.00 | -7,568.00 | 11,938.00 | 8,036.00 | 3,737.00 | -2,909.00 | 8,125.00 | 4,691.00 | 1,742.00 |
| Research and Development Expenses | 37,540.00 | 25,625.00 | 13,012.00 | 26,884.00 | 6,436.00 | 5,533.00 | 4,942.00 | -18,776.00 | 39,009.00 | 25,389.00 | 10,991.00 | -16,331.00 | 27,348.00 | 17,410.00 | 9,278.00 | -12,123.00 | 23,069.00 | 11,751.00 | 5,472.00 |
| Other Operating Expenses | 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 | 2,000.00 | -2,000.00 | 0.00 | 0.00 |
| Operating Income | -48,825.00 | -33,324.00 | -17,000.00 | -8,302.00 | -20,591.00 | -15,929.00 | -9,564.00 | 28,277.00 | -58,047.00 | -37,160.00 | -16,123.00 | 23,899.00 | -39,286.00 | -25,446.00 | -13,015.00 | 13,032.00 | -29,194.00 | -16,442.00 | -7,214.00 |
| Net Non-Operating Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,665.00 | 0 | 0 | 0 | 1,893.00 | 0 | 0 | 0 | 48.00 | 0 | 0 | 0 |
| Interest Income | 2,813.00 | 2,009.00 | 1,075.00 | 2,013.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 2.00 | 0.00 | 0.00 | 300.00 | 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 Interest | 2,811.00 | 2,009.00 | 0 | 1,713.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -77,388.00 | 0 | 0 | 0 | -51,955.00 | 0 | 0 | 0 | -39,770.00 | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -46,014.00 | -31,315.00 | -15,925.00 | -12,981.00 | -17,479.00 | -13,787.00 | -8,426.00 | 26,191.00 | -53,834.00 | -34,638.00 | -15,107.00 | 24,784.00 | -38,355.00 | -25,348.00 | -13,036.00 | 13,033.00 | -29,163.00 | -16,428.00 | -7,212.00 |
| EBIT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -77,388.00 | 0 | 0 | 0 | -51,955.00 | 0 | 0 | 0 | -39,770.00 | 0 | 0 | 0 |
| Deprecation and Amortization | 628.00 | 424.00 | 212.00 | -3,876.00 | 1,944.00 | 1,672.00 | 922.00 | -1,635.00 | 3,677.00 | 2,094.00 | 811.00 | 592.00 | 232.00 | 63.00 | 18.00 | 49.00 | 80.00 | 13.00 | 10.00 |
| EBITDA | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -72,441.00 | 0 | 0 | 0 | -51,050.00 | 0 | 0 | 0 | -39,618.00 | 0 | 0 | 0 |
| EPS | -0.00 | -0.00 | -0.00 | 0.00 | -0.01 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | 0 | 0 | 0 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | 0.00 | -0.01 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | 0 | 0 | 0 |
| Average Shares Outstanding Basic | 13,488.49 | 13,466.94 | 13,424.33 | -56,396.62 | 3,343.29 | 33,420.81 | 33,420.81 | 40,310.55 | 29,718.69 | 27,640.17 | 25,036.41 | 24,593.35 | 24,472.97 | 24,461.08 | 24,458.29 | 18,143.49 | 0 | 0 | 0 |
| Average Shares Outstanding Diluted | 13,488.49 | 13,466.94 | 13,424.33 | -56,396.62 | 3,343.29 | 33,420.81 | 33,420.81 | 40,310.55 | 29,718.69 | 27,640.17 | 25,036.41 | 24,593.35 | 24,472.97 | 24,461.08 | 24,458.29 | 18,143.49 | 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 | -40,316.00 | -27,279.00 | -14,005.00 | 27,820.00 | -30,102.00 | -27,821.00 | -21,014.00 | 14,457.00 | -43,929.00 | -25,162.00 | -9,048.00 | 14,341.00 | -31,749.00 | -20,955.00 | -8,999.00 | 16,858.00 | -27,962.00 | -18,290.00 | -8,589.00 |
| Operating Net Income | -94,841.00 | -64,639.00 | -48,850.00 | -120,340.00 | -17,479.00 | -13,787.00 | -8,426.00 | 26,191.00 | -53,834.00 | -34,638.00 | -15,107.00 | 24,784.00 | -38,355.00 | -25,348.00 | -13,036.00 | 13,033.00 | -29,163.00 | -16,428.00 | -7,212.00 |
| Deprecation and Amortization | 628.00 | 424.00 | 212.00 | -3,876.00 | 1,944.00 | 1,672.00 | 922.00 | -1,635.00 | 3,677.00 | 2,094.00 | 811.00 | 592.00 | 232.00 | 63.00 | 18.00 | -69.00 | -80.00 | -13.00 | 10.00 |
| 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 | 8,614.00 | 5,653.00 | 2,745.00 | -1,508.00 | 2,893.00 | 2,067.00 | 1,078.00 | -2,202.00 | 3,793.00 | 2,364.00 | 1,157.00 | -2,003.00 | 3,103.00 | 2,113.00 | 1,107.00 | -375.00 | 2,470.00 | 1,325.00 | 471.00 |
| Change in Working Capital | -5,650.00 | -4,155.00 | -2,499.00 | 49,437.00 | -20,512.00 | -19,362.00 | -18,027.00 | -1,092.00 | 4,088.00 | 4,865.00 | 1,309.00 | -1,882.00 | 1,354.00 | 599.00 | -868.00 | -197.00 | 5,393.00 | 1,293.00 | 2.00 |
| Other Operating Activities | 50,933.00 | 35,438.00 | 34,387.00 | 104,107.00 | 3,052.00 | 1,589.00 | 3,439.00 | -6,805.00 | -1,653.00 | 153.00 | 2,782.00 | -7,150.00 | 1,917.00 | 1,618.00 | 3,780.00 | 4,466.00 | -6,582.00 | -4,467.00 | -1,860.00 |
| Investing Cash Flow | -37.00 | -31.00 | -18.00 | -95,380.00 | 61,248.00 | 36,248.00 | 13,757.00 | 71,773.00 | -29,254.00 | -50,504.00 | 18,507.00 | -46,854.00 | -30,925.00 | 14,510.00 | 5,427.00 | 35,198.00 | -31,529.00 | -27,020.00 | -25.00 |
| 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 | 37.00 | 31.00 | 18.00 | 48.00 | 2.00 | 2.00 | 0 | -324.00 | 196.00 | 177.00 | 172.00 | 138.00 | 96.00 | 68.00 | 44.00 | 34.00 | 108.00 | 31.00 | 25.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | -456,818.00 | 196,750.00 | 171,750.00 | 104,243.00 | -167,449.00 | 351,058.00 | 214,327.00 | 75,321.00 | -42,084.00 | 103,829.00 | 46,422.00 | 37,529.00 | -18,776.00 | 31,421.00 | 26,989.00 | 0 |
| 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 | -74.00 | -62.00 | -36.00 | 361,390.00 | -135,504.00 | -135,504.00 | -90,486.00 | 239,546.00 | -380,508.00 | -265,008.00 | -56,986.00 | -4,908.00 | -134,850.00 | -31,980.00 | -32,146.00 | 53,940.00 | -63,058.00 | -54,040.00 | -50.00 |
| Financing Cash Flow | -77.00 | -77.00 | -77.00 | 114,307.00 | 1,911.00 | -89.00 | 0 | -69,957.00 | 64,993.00 | 64,820.00 | 1,009.00 | 270.00 | 146.00 | 49.00 | 6.00 | -178,168.00 | 132,287.00 | 132,065.00 | 46,222.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 6,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47,258.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 58,703.00 | 89.00 | 89.00 | 0 | -61,144.00 | 64,538.00 | 64,538.00 | 1,009.00 | 187.00 | 0 | 0 | 6.00 | -132,133.00 | 132,287.00 | 132,065.00 | 187.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -77.00 | -77.00 | -77.00 | 49,604.00 | 1,822.00 | -178.00 | 0 | -8,813.00 | 455.00 | 282.00 | 0.00 | 83.00 | 146.00 | 49.00 | 0.00 | 1,223.00 | 0.00 | 0.00 | -1,223.00 |
| Net Change in Cash | -40,430.00 | -27,387.00 | -14,100.00 | 46,747.00 | 33,057.00 | 8,338.00 | -7,257.00 | 16,273.00 | -8,190.00 | -10,846.00 | 10,468.00 | -32,243.00 | -62,528.00 | -6,396.00 | -3,566.00 | -126,112.00 | 72,796.00 | 86,755.00 | 37,608.00 |
| Cash at Beginning of Period | 110,761.00 | 110,761.00 | 110,761.00 | 64,014.00 | 27,632.00 | 27,632.00 | 27,632.00 | 11,359.00 | 19,927.00 | 19,927.00 | 19,927.00 | 52,170.00 | 124,660.00 | 124,660.00 | 124,660.00 | 250,772.00 | 53,613.00 | 53,613.00 | 53,613.00 |
| Cash at End of Period | 70,331.00 | 83,374.00 | 96,661.00 | 110,761.00 | 60,689.00 | 35,970.00 | 20,375.00 | 27,632.00 | 11,737.00 | 9,081.00 | 30,395.00 | 19,927.00 | 62,132.00 | 118,264.00 | 121,094.00 | 124,660.00 | 126,409.00 | 140,368.00 | 91,221.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |