Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -3.23 -2.31 -2.16
Price to Sales 678.95
Book Value Per Common Share 0.19 -0.28 0.68 1.72
Price to Book 6.92 -8.16 3.47 2.82
Price to Operating Cash Flow -3.15 -2.30 -2.41 -7.31
Price to Free Cash Flow -3.14
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
Price to Earnings -15.88 -16.44 -12.38 -10.60 -19.14 -9.68 -8.88
Price to Sales 173.97 114.35 157.14
Book Value Per Common Share 0.22 0.29 0.36 0.19 0.29 0.10 -0.28 0.36 0.68 1.39 1.72
Price to Book 5.76 4.53 2.75 6.92 3.60 12.79 -8.16 9.77 3.47 2.11 2.82
Price to Operating Cash Flow -9.19 -12.05 -9.09 -11.71 -12.56
Price to Free Cash Flow -9.18 -12.05
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 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31
Earning YoY
Revenue YoY -36.97 114.21 358.14
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 0.32 0.11 0.71 1.70
Quick Ratio 3.77
Current Ratio 4.10 17.36
Debt to Equity 0.81 -1.49 0.18 0.06
Long-Term Debt to Equity 0.39 -1.10 0.00
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
Cash Per Common Share 0.27 0.34 0.46 0.30 0.38 0.29 0.11 0.41 0.70 1.46 1.70
Quick Ratio 5.42 8.15 8.54 3.77
Current Ratio 5.83 8.61 9.07 4.10 5.66 17.36
Debt to Equity 0.39 0.28 0.22 0.81 0.42 1.71 -1.49 0.40 0.18 0.11 0.06
Long-Term Debt to Equity 0.15 0.14 0.09 0.39 0.17 1.09 -1.10 0.00

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -108.57 -697.95 -136.12 -38.83
ROE -196.83 341.07 -160.46 -41.20
Gross Margin 100.00
Operating Margin -20497.67
EBITDA Margin
Net Profit Margin -20497.67
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
ROA -25.99 -21.22 -15.11 -24.63 -22.47 -71.41 -21.53
ROE -36.05 -27.21 -18.39 -34.95 -60.89 -100.03 -23.95
Gross Margin 80.08 63.98 52.28
Operating Margin -1094.74 -686.02 -1228.43
EBITDA Margin -718.80 -449.05 -1216.75
Net Profit Margin -1094.74 -686.02 -1228.43

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 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 8,118.00 1,466.00 7,265.00 16,287.00
   Current Assets 7,828.00 0 7,265.00 16,281.00
      Cash and Short-Term Investments 7,154.00 1,173.00 6,400.00 15,192.00
            Cash and Cash Equivalents 7,154.00 1,173.00 4,391.00 15,192.00
            Short-Term Investments 0 0 2,049.00 0
      Net Receivables 43.00 0 0 0
      Inventory 0 0 0 0
      Other Current Assets 631.00 0 865.00 1,089.00
   Non-Current Assets 290.00 0 0.00 6.00
      Property, Plant, Equipment Net 290.00 0 0 6.00
      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 0.00 0 0 0.00
Liabilities 3,640.00 4,466.00 1,102.00 938.00
   Current Liabilities 1,909.00 1,175.00 0 938.00
      Payables and Expenses 1,909.00 1,175.00 1,102.00 938.00
            Account Payables 586.00 561.00 534.00 525.00
            Current Accrued Liabilities 1,323.00 614.00 568.00 413.00
      Short-Term Debt 66.00 0 0 0
      Other Current Liabilities -66.00 0.00 0 0.00
   Non-Current Liabilities 1,731.00 3,291.00 0 0.00
      Long-Term Debt 212.00 0 0 0
      Other Non-Current Liabilities 1,519.00 0 0 0
Equity 4,478.00 -3,000.00 6,163.00 15,349.00
   Shareholders Equity 4,478.00 -3,000.00 6,163.00 15,349.00
      Capital Stock 2.00 1.00 1.00 1.00
      Share Premium 54,695.00 38,404.00 37,318.00 36,632.00
      Retained Earnings -50,219.00 -41,405.00 -31,173.00 -21,284.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 17.00 0
   Minority Interest 0 0 0 0
Investments 0 0 2,049.00 0
Debt 212.00 0 0 30.00
Common Shares Outstanding 24,034.67 10,693.58 9,097.70 8,933.99
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 43.00 0 0 0
Cost Of Revenue 0.00 0 0 0
Gross Profit 43.00 0 0 0
Operating Expenses 11,013.00 11,396.00 9,950.00 5,671.00
   Selling, General and Administrative Expenses 4,988.00 5,729.00 5,649.00 2,632.00
   Research and Development Expenses 6,025.00 5,667.00 4,301.00 3,039.00
   Other Operating Expenses 0.00 0.00 0.00 0.00
Operating Income -10,970.00 -11,396.00 -9,950.00 -5,671.00
Net Non-Operating Income 2,156.00 1,164.00 61.00 -653.00
Interest Expense 0.00 0.00 0.00 834.00
Net Interest 384.00 108.00 57.00 -834.00
EBT -8,814.00 -10,232.00 -9,889.00 -6,324.00
Income Tax 0.00 0.00 0.00 0.00
Net Income -8,814.00 -10,232.00 -9,889.00 -6,324.00
EBIT -8,814.00 -10,232.00 -9,889.00 -5,490.00
Deprecation and Amortization 0.00 0.00 0.00 0.00
EPS -0.00 -0.00 -0.00 0
Diluted EPS -0.00 -0.00 0 0
Average Shares Outstanding Basic 22,271.16 10,290.67 9,051.73 0
Average Shares Outstanding Diluted 22,271.16 10,290.67 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -9,125.00 -10,258.00 -8,811.00 -5,916.00
   Operating Net Income -8,814.00 -10,232.00 -9,889.00 -6,324.00
   Deprecation and Amortization 0 0 0 0
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 1,174.00 1,078.00 644.00 147.00
   Change in Working Capital 280.00 605.00 428.00 -265.00
   Other Operating Activities -1,765.00 -1,709.00 6.00 526.00
Investing Cash Flow -12.00 2,032.00 -2,032.00 -15.00
   Capital Expenditure -12.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE -12.00 0 0 0
   Net Purchase/Sale of Investments Net 0 0 -2,032.00 0
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities 12.00 2,032.00 0.00 -15.00
Financing Cash Flow 15,118.00 5,008.00 42.00 19,328.00
   Net Issuance/Repayment of Debt 0 0 0 1,977.00
   Net Issuance/Repurchase of Equity 15,118.00 5,008.00 42.00 17,351.00
   Dividends Paid 0 0 0 0
   Other Financing Activities 0.00 0.00 0.00 0.00
Net Change in Cash 5,981.00 -3,218.00 -10,801.00 13,397.00
   Cash at Beginning of Period 1,173.00 4,391.00 15,192.00 1,795.00
   Cash at End of Period 7,154.00 1,173.00 4,391.00 15,192.00
Free Cash Flow -9,137.00 0 0 0
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
Assets 11,206.00 13,643.00 16,014.00 8,118.00 10,031.00 4,788.00 1,466.00 4,561.00 7,265.00 13,946.00 16,287.00
   Current Assets 10,980.00 13,395.00 15,745.00 7,828.00 10,031.00 0 0 0 7,265.00 13,943.00 16,281.00
      Cash and Short-Term Investments 10,044.00 12,314.00 14,582.00 7,154.00 9,563.00 4,389.00 1,173.00 3,723.00 6,400.00 13,121.00 15,192.00
            Cash and Cash Equivalents 10,044.00 12,314.00 14,582.00 7,154.00 9,563.00 4,389.00 1,173.00 3,723.00 4,391.00 13,121.00 15,192.00
            Short-Term Investments 0 0 0 0 0 0 0 0 2,049.00 0 0
      Net Receivables 169.00 363.00 242.00 43.00 0 0 0 0 0 0 0
      Inventory 272.00 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 495.00 718.00 921.00 631.00 0 0 0 0 865.00 822.00 1,089.00
   Non-Current Assets 226.00 248.00 269.00 290.00 0 0 0 0 0.00 3.00 6.00
      Property, Plant, Equipment Net 226.00 248.00 269.00 290.00 0 0 0 0 0 3.00 6.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 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
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 0.00 0.00 0.00 0.00 0 0 0 0 0 0.00 0.00
Liabilities 3,128.00 3,002.00 2,857.00 3,640.00 2,960.00 3,021.00 4,466.00 1,305.00 1,102.00 1,406.00 938.00
   Current Liabilities 1,884.00 1,556.00 1,736.00 1,909.00 1,772.00 1,093.00 1,175.00 0 0 0 938.00
      Payables and Expenses 1,884.00 1,556.00 1,736.00 1,909.00 1,204.00 1,093.00 1,175.00 1,305.00 1,102.00 1,406.00 938.00
            Account Payables 869.00 671.00 967.00 586.00 686.00 356.00 561.00 828.00 534.00 729.00 525.00
            Current Accrued Liabilities 1,015.00 885.00 769.00 1,323.00 518.00 737.00 614.00 477.00 568.00 677.00 413.00
      Short-Term Debt 102.00 99.00 97.00 66.00 0 0 0 0 0 0 0
      Other Current Liabilities -102.00 -99.00 -97.00 -66.00 0 0.00 0.00 0 0 0 0.00
   Non-Current Liabilities 1,244.00 1,446.00 1,121.00 1,731.00 1,188.00 1,928.00 3,291.00 0 0 0 0.00
      Long-Term Debt 134.00 161.00 186.00 212.00 0 0 0 0 0 0 0
      Other Non-Current Liabilities 1,110.00 1,285.00 935.00 1,519.00 0 0 0 0 0 0 0
Equity 8,078.00 10,641.00 13,157.00 4,478.00 7,071.00 1,767.00 -3,000.00 3,256.00 6,163.00 12,540.00 15,349.00
   Shareholders Equity 8,078.00 10,641.00 13,157.00 4,478.00 7,071.00 1,767.00 -3,000.00 3,256.00 6,163.00 12,540.00 15,349.00
      Capital Stock 4.00 4.00 4.00 2.00 2.00 2.00 1.00 1.00 1.00 1.00 1.00
      Share Premium 66,520.00 66,171.00 65,792.00 54,695.00 54,410.00 44,246.00 38,404.00 37,685.00 37,318.00 36,826.00 36,632.00
      Retained Earnings -58,446.00 -55,534.00 -52,639.00 -50,219.00 -47,341.00 -42,481.00 -41,405.00 -34,430.00 -31,173.00 -24,287.00 -21,284.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 17.00 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 2,049.00 2,049.00 0 0
Debt 134.00 161.00 186.00 212.00 0 0 0 0 0 0 30.00
Common Shares Outstanding 36,649.92 36,645.88 36,546.75 24,034.67 24,001.34 16,865.97 10,693.58 9,131.25 9,097.70 9,029.31 8,933.99
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-03-31 2022-03-31
Revenues 266.00 422.00 197.00 43.00 0 0 0 0 0
Cost Of Revenue 53.00 152.00 94.00 0.00 0 0 0 0 0
Interest Income 0 0 0 0 124.00 138.00 0 0 0
Interest Expense 0.00 0.00 0.00 0.00 0 0 0.00 0.00 0.00
Net Interest 113.00 133.00 106.00 347.00 0 0 37.00 4.00 1.00
Non-Interest Expense 0 0 0 0 1,178.00 0 0 0 0
Gross Profit 213.00 270.00 103.00 43.00 0 0 0 0 0
Operating Expenses 3,413.00 2,948.00 3,213.00 5,709.00 2,828.00 0 2,476.00 3,261.00 3,005.00
   Selling, General and Administrative Expenses 1,728.00 1,522.00 1,571.00 2,591.00 1,178.00 0 1,219.00 1,923.00 1,716.00
   Research and Development Expenses 1,685.00 1,426.00 1,642.00 3,118.00 1,650.00 0 1,257.00 1,338.00 1,289.00
   Other Operating Expenses 0.00 0.00 0.00 0.00 0 0 0.00 0.00 0.00
Operating Income -3,200.00 -2,678.00 -3,110.00 -5,666.00 -2,828.00 0 -2,476.00 -3,261.00 -3,005.00
Net Non-Operating Income 288.00 -217.00 690.00 756.00 0 0 1,400.00 4.00 2.00
EBT -2,912.00 -2,895.00 -2,420.00 -5,267.00 -2,471.00 0 -1,076.00 -3,257.00 -3,003.00
Income Tax 0.00 0.00 0.00 0.00 0 0 0.00 0.00 0.00
Net Income Including Non-Controlling Interests 0 0 0 0 -2,471.00 0 0 0 0
Net Income -2,912.00 -2,895.00 -2,420.00 -5,267.00 -2,471.00 0 -1,076.00 -3,257.00 -3,003.00
EBIT -2,912.00 -2,895.00 -2,420.00 -4,910.00 -2,828.00 0 -1,076.00 -3,257.00 -3,003.00
Deprecation and Amortization 1,000.00 1,000.00 23.00 0.00 0 0 0.00 0.00 0.00
EBITDA -1,912.00 -1,895.00 -2,397.00 0 -2,828.00 0 0 0 0
EPS -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 0
Average Shares Outstanding Basic 36,646.28 36,576.57 31,395.89 25,147.29 24,940.75 24,049.11 14,947.50 9,089.99 8,992.40
Average Shares Outstanding Diluted 36,646.28 36,576.57 31,395.89 25,147.29 24,940.75 24,049.11 14,947.50 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-03-31 2022-03-31
Operating Cash Flow 0 0 -3,381.00 -2,194.00 -2,204.00 -2,706.00 -2,097.00
   Operating Net Income -2,912.00 -2,895.00 -2,420.00 -2,471.00 -1,076.00 -3,257.00 -3,003.00
   Deprecation and Amortization 1,000.00 1,000.00 23.00 0 0 0 0
   Deferred Income Tax 0 0 0 0 0 0 0
   Share Based Compensation 349.00 345.00 288.00 255.00 423.00 361.00 168.00
   Change in Working Capital 0 0 -688.00 255.00 -162.00 436.00 735.00
   Other Operating Activities 0 0 -584.00 -233.00 -1,389.00 -246.00 3.00
Investing Cash Flow 0 0 -2.00 0 0 2,032.00 0
   Capital Expenditure 0.00 0.00 -2.00 0 0.00 0.00 0.00
   Net Purchase/Sale of PPE 0 0 -2.00 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0 0 2,032.00 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0
   Other Investing Activities 0 0 2.00 0 0 0.00 0
Financing Cash Flow 0 0 10,811.00 15.00 5,420.00 6.00 26.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 0 0 8.00 0 5,420.00 6.00 26.00
   Dividends Paid 0 0 0 0 0 0 0
   Other Financing Activities 0 0 10,803.00 15.00 0.00 0.00 0.00
Net Change in Cash 0 0 7,428.00 -2,179.00 3,216.00 -668.00 -2,071.00
   Cash at Beginning of Period 0 0 7,154.00 11,742.00 1,173.00 4,391.00 15,192.00
   Cash at End of Period 10,044.00 12,314.00 14,582.00 9,563.00 4,389.00 3,723.00 13,121.00
Free Cash Flow 0 0 -3,383.00 -2,194.00 0 0 0