Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31
Price to Earnings -11.20 -1.47 -3.35
Price to Sales 183.01 13.86 24.00
Book Value Per Common Share 0.24 -0.30 -0.10
Price to Book 35.74 -2.90 -13.79
Price to Operating Cash Flow -37.85 -2.00 -3.81
Price to Free Cash Flow
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 2022-12-31 2022-09-30 2022-06-30
Price to Earnings -24.47 -24.81 -380.00 -3.07 -5.43 -18.55 -1.93 -5.23 -3.32 -25.39
Price to Sales 351.49 238.05 145.04 26.93 40.86 133.33 21.68 79.47 51.48 201.28
Book Value Per Common Share 1.94 2.04 0.71 0.24 -0.16 -0.23 -0.46 -0.30 0.06 -0.44 -0.12 -0.10 -0.01 -12.03
Price to Book 12.75 7.17 10.68 35.74 -6.04 -4.93 -4.46 -2.90 17.05 -4.80 -5.77 -13.79 -610.08
Price to Operating Cash Flow -143.08 -124.70 -112.93 -3.93 -7.15 -27.16 -2.76 -9.01 -6.03 -28.10
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31
Earning YoY
Revenue YoY 0.79 22.10
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 2022-12-31 2022-09-30 2022-06-30
Earning YoY
Revenue YoY 20.66 20.63 40.23 88.56 77.87 107.83 -66.87 54.98
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31
Cash Per Common Share 0.93 0.30 0.06
Quick Ratio 5.95 3.82 0.49
Current Ratio 6.14 4.18 0.88
Debt to Equity 2.19 -3.42 -5.56
Long-Term Debt to Equity 1.71 -2.97 -2.88
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
Cash Per Common Share 2.69 2.78 1.06 0.67 0.16 0.25 0.17 0.26 0.41 0.06 0.07 0.06 0.11 0.09
Quick Ratio 54.03 42.58 20.36 5.95 1.19 0.99 2.67 3.82 1.25 0.25 0.53 0.49 0.99 0.31
Current Ratio 54.68 42.99 20.73 6.14 1.36 1.09 3.10 4.18 1.34 0.38 0.82 0.88 1.80 0.64
Debt to Equity 0.29 0.22 0.57 2.19 -3.93 -3.87 -2.32 -3.42 6.98 -1.89 -4.75 -5.56 -55.21 -2.78
Long-Term Debt to Equity 0.27 0.19 0.50 1.71 -2.40 -1.88 -2.02 -2.97 2.05 -0.69 -2.28 -2.88 -34.68 -0.97

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31
ROA -71.99 -139.35 -191.22
ROE -229.67 337.87 871.31
Gross Margin 63.02 52.77 59.25
Operating Margin -1629.99 -944.45 -653.79
EBITDA Margin -1608.10 -923.38 -621.26
Net Profit Margin -1629.99 -944.45 -718.37
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
ROA -36.12 -20.48 -1.66 -116.63 -56.77 -35.62 -94.52 -202.76 -89.62 -98.39 -69.54
ROE -46.64 -24.88 -2.61 341.72 163.10 46.84 -754.15 181.07 336.50 5333.52 123.50
Gross Margin 84.83 87.61 92.51 62.75 65.56 67.30 45.37 34.22 26.60 62.79 62.08
Operating Margin -1432.27 -954.63 -36.14 -886.81 -754.95 -702.31 -1133.54 -1535.14 -1525.84 -711.47 -722.58
EBITDA Margin -1424.81 -948.77 -32.45 -865.97 -735.41 -684.95 -1109.60 -1504.19 -1491.41 -677.40 -699.71
Net Profit Margin -1432.27 -954.63 -36.14 -886.81 -754.95 -702.31 -1133.54 -1535.14 -1554.52 -792.55 -804.90

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31
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 2022-12-31 2022-09-30 2022-06-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31
Assets 199,853.00 59,356.00 26,947.00
   Current Assets 185,040.00 47,046.00 13,925.00
   Deposits 0 18.00 36.00
      Cash and Short-Term Investments 177,980.00 41,307.00 7,065.00
            Cash and Cash Equivalents 177,980.00 41,307.00 7,065.00
            Short-Term Investments 0 0 0
      Net Receivables 1,420.00 1,652.00 757.00
      Inventory 1,686.00 2,078.00 2,196.00
      Other Current Assets 3,954.00 2,009.00 3,907.00
   Non-Current Assets 14,813.00 12,310.00 13,022.00
      Property, Plant, Equipment Net 11,394.00 10,774.00 11,427.00
      Goodwill 0 0 0
      Intangible Assets 490.00 179.00 244.00
      Long-Term Investments 2,574.00 1,168.00 1,168.00
      Non-Current Deferred Assets 0 0 0
      Other Non-Current Assets 355.00 189.00 183.00
Liabilities 137,207.00 83,837.00 32,861.00
   Current Liabilities 30,145.00 11,250.00 15,848.00
      Payables and Expenses 9,599.00 6,808.00 10,443.00
            Account Payables 815.00 1,465.00 3,756.00
            Current Accrued Liabilities 8,784.00 5,343.00 6,687.00
      Short-Term Debt 2,208.00 2,172.00 3,204.00
      Other Current Liabilities 18,338.00 2,270.00 2,201.00
   Non-Current Liabilities 107,062.00 72,587.00 17,013.00
      Long-Term Debt 66,645.00 134,728.00 15,112.00
      Other Non-Current Liabilities 40,417.00 -62,141.00 1,901.00
Equity 62,646.00 -24,481.00 -5,914.00
   Shareholders Equity 62,646.00 -48,962.00 -11,828.00
      Capital Stock 27.00 16.00 11.00
      Share Premium 700,069.00 469,081.00 381,274.00
      Retained Earnings -626,940.00 -483,061.00 -376,797.00
      Treasury Shares 0 0 0
      Accumulated Other Comprehensive Income -10,510.00 -10,517.00 -10,402.00
   Minority Interest 0 0 0
Investments 2,574.00 1,168.00 1,168.00
Debt 68,853.00 136,900.00 18,316.00
Net Debt 0 95,593.00 11,251.00
Common Shares Outstanding 266,595.87 161,113.74 113,335.53
Breakdown 2024-12-31 2023-12-31 2022-12-31
Revenues 8,827.00 8,758.00 7,173.00
Cost Of Revenue 3,264.00 4,136.00 2,923.00
Gross Profit 5,563.00 4,622.00 4,250.00
Operating Expenses 82,786.00 85,168.00 63,708.00
   Selling, General and Administrative Expenses 47,486.00 47,290.00 31,607.00
   Research and Development Expenses 35,300.00 37,878.00 32,101.00
   Other Operating Expenses 0.00 0.00 0.00
Operating Income -77,223.00 -80,546.00 -59,458.00
Net Non-Operating Income -66,656.00 -2,169.00 7,929.00
Interest Expense 0.00 0.00 4,633.00
EBT -143,879.00 -82,715.00 -51,529.00
Income Tax 0.00 0.00 0.00
Net Income -143,879.00 -82,715.00 -51,529.00
EBIT -143,879.00 -82,715.00 -46,896.00
Deprecation and Amortization 1,932.00 1,845.00 2,333.00
EBITDA -141,947.00 -80,870.00 -44,563.00
EPS -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00
Average Shares Outstanding Basic 192,129.05 137,993.74 119,647.78
Average Shares Outstanding Diluted 192,129.05 137,993.74 119,647.78
Breakdown 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow -42,643.00 -60,649.00 -45,226.00
   Operating Net Income -143,879.00 -82,715.00 -51,529.00
   Deprecation and Amortization 1,932.00 1,845.00 2,333.00
   Deferred Income Tax 0 0 0
   Share Based Compensation 15,661.00 21,919.00 9,164.00
   Change in Working Capital 22,840.00 -4,118.00 3,434.00
   Other Operating Activities 60,803.00 2,420.00 -8,628.00
Investing Cash Flow -3,141.00 -630.00 -498.00
   Capital Expenditure 0.00 0.00 0.00
   Net Purchase/Sale of PPE 2,395.00 630.00 498.00
   Net Purchase/Sale of Investments Net 1,254.00 0 0
   Net Purchase/Sale of Business 0 0 0
   Other Investing Activities -6,790.00 -1,260.00 -996.00
Financing Cash Flow 182,450.00 95,636.00 43,265.00
   Net Issuance/Repayment of Debt 30,370.00 60,892.00 67,112.00
   Net Issuance/Repurchase of Equity 45,632.00 65,573.00 42,001.00
   Dividends Paid 0 0 0
   Other Financing Activities 106,448.00 -30,829.00 -65,848.00
Net Change in Cash 136,673.00 34,242.00 -2,418.00
   Cash at Beginning of Period 41,307.00 7,065.00 9,483.00
   Cash at End of Period 177,980.00 41,307.00 7,065.00
Free Cash Flow 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
Assets 865,820.00 843,602.00 325,600.00 199,853.00 49,561.00 61,811.00 48,605.00 59,356.00 70,179.00 24,909.00 27,459.00 26,947.00 38,489.00 35,685.00
   Current Assets 848,139.00 828,540.00 310,865.00 185,040.00 35,080.00 46,906.00 33,687.00 47,046.00 58,194.00 12,842.00 14,912.00 13,925.00 26,279.00 23,183.00
   Deposits 0 0 0 0 0 0 0 18.00 17.00 37.00 42.00 36.00 36.00 0
      Cash and Short-Term Investments 836,231.00 819,312.00 304,321.00 177,980.00 29,274.00 40,861.00 27,304.00 41,307.00 53,317.00 7,514.00 8,988.00 7,065.00 13,764.00 10,466.00
            Cash and Cash Equivalents 836,231.00 819,312.00 304,321.00 177,980.00 29,274.00 40,861.00 27,304.00 41,307.00 53,317.00 7,514.00 8,988.00 7,065.00 13,764.00 10,466.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 1,927.00 1,442.00 1,047.00 1,420.00 1,456.00 1,570.00 1,735.00 1,652.00 763.00 803.00 542.00 757.00 740.00 918.00
      Inventory 2,831.00 2,448.00 1,702.00 1,686.00 1,903.00 2,126.00 2,079.00 2,078.00 2,244.00 2,325.00 2,240.00 2,196.00 2,533.00 2,148.00
      Other Current Assets 7,150.00 5,338.00 3,795.00 3,954.00 2,447.00 2,349.00 2,569.00 2,009.00 1,870.00 2,200.00 3,142.00 3,907.00 9,242.00 9,651.00
   Non-Current Assets 17,681.00 15,062.00 14,735.00 14,813.00 14,481.00 14,905.00 14,918.00 12,310.00 11,985.00 12,067.00 12,547.00 13,022.00 12,210.00 12,502.00
      Property, Plant, Equipment Net 12,324.00 11,419.00 11,083.00 11,394.00 11,056.00 10,792.00 10,788.00 10,774.00 10,439.00 10,508.00 10,968.00 11,427.00 10,603.00 33,343.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 803.00 586.00 531.00 490.00 436.00 408.00 302.00 179.00 195.00 205.00 228.00 244.00 262.00 262.00
      Long-Term Investments 3,400.00 2,574.00 2,574.00 2,574.00 2,574.00 2,396.00 2,574.00 1,168.00 0 0 0 1,168.00 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 1,154.00 483.00 547.00 355.00 415.00 1,309.00 1,254.00 189.00 1,351.00 1,354.00 1,351.00 183.00 1,345.00 -21,103.00
Liabilities 195,266.00 149,348.00 118,211.00 137,207.00 66,476.00 83,325.00 85,562.00 83,837.00 61,383.00 52,802.00 34,772.00 32,861.00 39,199.00 55,778.00
   Current Liabilities 15,512.00 19,274.00 14,999.00 30,145.00 25,829.00 42,941.00 10,860.00 11,250.00 43,328.00 33,643.00 18,084.00 15,848.00 14,578.00 36,299.00
      Payables and Expenses 10,488.00 12,772.00 7,577.00 9,599.00 7,269.00 6,206.00 7,044.00 6,808.00 11,145.00 14,906.00 15,467.00 10,443.00 8,476.00 10,778.00
            Account Payables 992.00 1,190.00 1,021.00 815.00 696.00 1,168.00 1,037.00 1,465.00 1,541.00 4,106.00 5,608.00 3,756.00 3,158.00 2,483.00
            Current Accrued Liabilities 9,496.00 11,582.00 6,556.00 8,784.00 6,573.00 5,038.00 6,007.00 5,343.00 9,604.00 10,800.00 9,859.00 6,687.00 5,318.00 8,295.00
      Short-Term Debt 1,779.00 1,596.00 2,221.00 2,208.00 29,720.00 66,811.00 2,186.00 2,172.00 30,006.00 15,910.00 790.00 3,204.00 3,693.00 21,353.00
      Other Current Liabilities 3,245.00 4,906.00 5,201.00 18,338.00 -11,160.00 -30,076.00 1,630.00 2,270.00 2,177.00 2,827.00 1,827.00 2,201.00 2,409.00 4,168.00
   Non-Current Liabilities 179,754.00 130,074.00 103,212.00 107,062.00 40,647.00 40,384.00 74,702.00 72,587.00 18,055.00 19,159.00 16,688.00 17,013.00 24,621.00 19,479.00
      Long-Term Debt 70,209.00 70,444.00 66,947.00 66,645.00 70,992.00 69,715.00 133,064.00 134,728.00 25,100.00 24,108.00 15,425.00 15,112.00 19,123.00 12,903.00
      Other Non-Current Liabilities 109,545.00 59,630.00 36,265.00 40,417.00 -30,345.00 -29,331.00 -58,362.00 -62,141.00 -7,045.00 -4,949.00 1,263.00 1,901.00 5,498.00 6,576.00
Equity 670,554.00 694,254.00 207,389.00 62,646.00 -16,915.00 -21,514.00 -36,957.00 -24,481.00 8,796.00 -27,893.00 -7,313.00 -5,914.00 -710.00 -20,093.00
   Shareholders Equity 670,554.00 694,254.00 207,389.00 62,646.00 -33,830.00 -43,028.00 -73,914.00 -48,962.00 8,796.00 -55,786.00 -14,626.00 -11,828.00 -1,420.00 -40,186.00
      Capital Stock 34.00 33.00 29.00 27.00 20.00 18.00 16.00 16.00 15.00 12.00 12.00 11.00 11.00 2,811.00
      Share Premium 1,619,322.00 1,503,136.00 849,733.00 700,069.00 534,527.00 507,067.00 473,870.00 469,081.00 462,385.00 409,885.00 404,501.00 381,274.00 372,840.00 147,779.00
      Retained Earnings -939,676.00 -799,690.00 -632,361.00 -626,940.00 -540,863.00 -518,151.00 -500,373.00 -483,061.00 -443,132.00 -427,303.00 -401,405.00 -376,797.00 -363,136.00 -350,100.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -9,126.00 -9,225.00 -10,012.00 -10,510.00 -10,599.00 -10,448.00 -10,470.00 -10,517.00 -10,472.00 -10,487.00 -10,421.00 -10,402.00 -10,425.00 -10,481.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 3,400.00 2,574.00 2,574.00 2,574.00 2,574.00 2,396.00 2,574.00 1,168.00 0 0 0 1,168.00 0 0
Debt 71,988.00 72,040.00 69,168.00 68,853.00 100,712.00 136,526.00 135,250.00 136,900.00 85,112.00 55,928.00 16,215.00 18,316.00 22,816.00 34,256.00
Net Debt 0 0 0 0 71,438.00 95,665.00 107,946.00 95,593.00 31,795.00 48,414.00 7,227.00 11,251.00 9,052.00 23,790.00
Common Shares Outstanding 345,971.20 339,837.65 291,351.40 266,595.87 207,963.59 186,073.09 161,675.01 161,113.74 155,288.76 128,028.66 127,173.55 113,335.53 110,377.36 3,341.33
Preferred Shares Outstanding 0 0 0 0 0 0 0 0 0 0 0 0 0 137,765.83
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 2022-09-30 2022-06-30
Revenues 21,835.00 18,096.00 15,001.00 -4,804.00 6,518.00 4,648.00 2,465.00 -1,967.00 5,852.00 3,290.00 1,583.00 4,778.00 3,083.00
Cost Of Revenue 3,313.00 2,243.00 1,124.00 -1,571.00 2,428.00 1,601.00 806.00 -2,387.00 3,197.00 2,164.00 1,162.00 1,778.00 1,169.00
Gross Profit 18,522.00 15,853.00 13,877.00 -3,233.00 4,090.00 3,047.00 1,659.00 420.00 2,655.00 1,126.00 421.00 3,000.00 1,914.00
Operating Expenses 84,051.00 53,646.00 25,168.00 -36,872.00 61,081.00 39,402.00 19,175.00 -53,325.00 66,659.00 46,723.00 25,111.00 40,898.00 24,544.00
   Selling, General and Administrative Expenses 46,994.00 30,664.00 14,880.00 -21,219.00 35,533.00 22,522.00 10,650.00 -29,903.00 36,737.00 26,260.00 14,196.00 19,965.00 10,945.00
   Research and Development Expenses 37,057.00 22,982.00 10,288.00 -15,653.00 25,548.00 16,880.00 8,525.00 -24,122.00 29,922.00 21,163.00 10,915.00 20,933.00 13,599.00
   Other Operating Expenses 0.00 0.00 0.00 0.00 0.00 0.00 0.00 700.00 0.00 -700.00 0.00 0.00 0.00
Operating Income -65,529.00 -37,793.00 -11,291.00 33,639.00 -56,991.00 -36,355.00 -17,516.00 53,745.00 -64,004.00 -45,597.00 -24,690.00 -37,898.00 -22,630.00
Net Non-Operating Income -247,207.00 -134,957.00 5,870.00 -67,314.00 -811.00 1,265.00 204.00 4,989.00 -2,331.00 -4,909.00 82.00 30.00 -2,185.00
Interest Expense 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -454.00 0.00 0.00 454.00 3,874.00 2,538.00
EBT -312,736.00 -172,750.00 -5,421.00 -33,675.00 -57,802.00 -35,090.00 -17,312.00 58,734.00 -66,335.00 -50,506.00 -24,608.00 -37,868.00 -24,815.00
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
Net Income -312,736.00 -172,750.00 -5,421.00 -33,675.00 -57,802.00 -35,090.00 -17,312.00 58,734.00 -66,335.00 -50,506.00 -24,608.00 -37,868.00 -24,815.00
EBIT -312,736.00 -172,750.00 -5,421.00 -33,675.00 -57,802.00 -35,090.00 -17,312.00 58,280.00 -66,335.00 -50,506.00 -24,154.00 -33,994.00 -22,277.00
Deprecation and Amortization 1,628.00 1,060.00 553.00 -762.00 1,358.00 908.00 428.00 -1,119.00 1,401.00 1,018.00 545.00 1,628.00 705.00
EBITDA -311,108.00 -171,690.00 -4,868.00 -34,437.00 -56,444.00 -34,182.00 -16,884.00 57,161.00 -64,934.00 -49,488.00 -23,609.00 -32,366.00 -21,572.00
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 -0.00 -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 310,509.01 294,398.42 286,420.37 262,076.97 178,406.95 166,723.79 161,308.49 172,204.30 131,373.96 125,252.59 123,144.10 122,337.73 111,981.01
Average Shares Outstanding Diluted 310,509.01 294,398.42 286,420.37 262,076.97 178,406.95 166,723.79 161,308.49 172,204.30 131,373.96 125,252.59 123,144.10 122,337.73 111,981.01
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 2022-09-30 2022-06-30
Operating Cash Flow -53,610.00 -34,565.00 -19,279.00 40,723.00 -44,660.00 -26,587.00 -12,119.00 27,879.00 -45,910.00 -29,044.00 -13,574.00 -34,270.00 -21,500.00
   Operating Net Income -312,736.00 -172,750.00 -5,421.00 -33,675.00 -57,802.00 -35,090.00 -17,312.00 58,734.00 -66,335.00 -50,506.00 -24,608.00 -37,868.00 -24,815.00
   Deprecation and Amortization 1,628.00 1,060.00 553.00 -762.00 1,358.00 908.00 428.00 -1,119.00 1,401.00 1,018.00 545.00 1,628.00 705.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 17,119.00 10,664.00 3,993.00 -7,362.00 11,784.00 7,730.00 3,509.00 -13,675.00 17,362.00 11,477.00 6,755.00 3,695.00 1,600.00
   Change in Working Capital -9,262.00 -7,762.00 -15,661.00 15,078.00 2,964.00 2,058.00 2,740.00 -4,819.00 -3,042.00 1,698.00 2,045.00 11,302.00 4,578.00
   Other Operating Activities 249,641.00 134,223.00 -2,743.00 67,444.00 -2,964.00 -2,193.00 -1,484.00 -11,242.00 4,704.00 7,269.00 1,689.00 -13,027.00 -3,568.00
Investing Cash Flow -1,567.00 -357.00 -498.00 2,051.00 -2,178.00 -1,809.00 -1,205.00 -299.00 -176.00 -79.00 -76.00 -316.00 -218.00
   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 2,526.00 1,316.00 498.00 -559.00 1,432.00 1,063.00 459.00 299.00 176.00 79.00 76.00 316.00 175.00
   Net Purchase/Sale of Investments Net 0 0 0 -2,508.00 1,254.00 1,254.00 1,254.00 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Loan & Lease Activity 0 0 0
   Other Investing Activities -5,052.00 -2,632.00 -996.00 5,118.00 -4,864.00 -4,126.00 -2,918.00 -598.00 -352.00 -158.00 -152.00 -632.00 -393.00
Financing Cash Flow 712,044.00 674,969.00 145,620.00 120,408.00 34,887.00 27,881.00 -726.00 -42,021.00 92,408.00 29,657.00 15,592.00 38,898.00 22,765.00
   Net Issuance/Repayment of Debt 777.00 365.00 0 13,227.00 16,773.00 370.00 0 12,641.00 29,397.00 16,192.00 2,662.00 63,360.00 398.00
   Net Issuance/Repurchase of Equity 185,199.00 143,966.00 23.00 -6,978.00 32,271.00 20,331.00 8.00 -31,056.00 63,509.00 16,891.00 16,229.00 40,982.00 141.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities 526,068.00 530,638.00 145,597.00 114,159.00 -14,157.00 7,180.00 -734.00 -23,606.00 -498.00 -3,426.00 -3,299.00 -65,444.00 22,226.00
Net Change in Cash 658,251.00 641,332.00 126,341.00 163,155.00 -12,033.00 -446.00 -14,003.00 -14,382.00 46,252.00 449.00 1,923.00 4,281.00 983.00
   Cash at Beginning of Period 177,980.00 177,980.00 177,980.00 14,825.00 41,307.00 41,307.00 41,307.00 55,689.00 7,065.00 7,065.00 7,065.00 9,483.00 9,483.00
   Cash at End of Period 836,231.00 819,312.00 304,321.00 177,980.00 29,274.00 40,861.00 27,304.00 41,307.00 53,317.00 7,514.00 8,988.00 13,764.00 10,466.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0