Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -12.22 -7.43 -7.73
Price to Sales 280.35 54.28 63.50 61.34
Book Value Per Common Share 12.19 11.09 7.58 8.13 7.13
Price to Book 3.59 2.59 3.14 3.10 5.55
Price to Operating Cash Flow -13.16 -9.26 -8.56 -12.68 -26.35
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 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Price to Earnings -11.50 -15.02 -31.29 -18.51 -25.70 -46.04 -10.45 -16.21 -30.08 -7.98 -12.18
Price to Sales 264.88 249.07 292.70 76.46 86.66 249.85 101.66 124.03 332.46
Book Value Per Common Share 8.42 9.98 11.16 12.19 9.34 9.77 10.46 11.09 7.65 8.53 8.96 7.58 7.76 6.70 7.42 8.13 8.66 9.31 9.84 7.13
Price to Book 5.55 3.69 3.17 3.59 4.86 3.97 3.08 2.59 3.62 3.14 2.42 3.14 2.54 2.91 3.44 3.10 3.17 3.41 4.66 5.55
Price to Operating Cash Flow -14.13 -16.65 -34.22 -17.91 -22.17 -33.07 -12.48 -20.84 -32.92 -9.43 -13.05 -34.33 -18.78 -32.74 -90.46
Price to Free Cash Flow
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 -67.27 20.38 -31.62
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 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Earning YoY
Revenue YoY 0.00 54.52 20.10 120.30 5.85 85.86
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 13.65 16.38 8.00 7.78 6.62
Quick Ratio 12.89 10.48 9.66
Current Ratio 14.20 13.06 10.65 9.77 9.63
Debt to Equity 0.13 0.13 0.19 0.22 0.20
Long-Term Debt to Equity 0.06 0.05 0.09 0.12 0.10
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 2020-12-31
Cash Per Common Share 10.24 11.35 11.18 12.31 9.36 9.64 10.34 11.25 7.84 9.01 9.59 7.13 8.42 6.22 6.99 7.78 8.26 8.78 9.28 6.62
Quick Ratio 12.89 9.51 11.68 16.73 10.48 9.01 7.35 9.12 9.66 11.87 14.25 15.75
Current Ratio 8.05 11.79 13.46 14.20 14.24 15.42 18.45 13.06 9.64 11.81 16.89 10.65 9.21 7.60 9.30 9.77 12.02 14.43 15.94 9.63
Debt to Equity 0.41 0.30 0.14 0.13 0.13 0.12 0.11 0.13 0.18 0.15 0.13 0.19 0.21 0.27 0.24 0.22 0.15 0.13 0.12 0.20
Long-Term Debt to Equity 0.26 0.20 0.06 0.06 0.05 0.05 0.05 0.05 0.07 0.07 0.07 0.09 0.10 0.14 0.13 0.12 0.07 0.06 0.06 0.10

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -23.46 -21.17 -30.63 -25.35 -19.06
ROE -26.49 -23.89 -36.30 -31.05 -22.79
Gross Margin
Operating Margin -3798.71 -704.14 -636.54 -252.33
EBITDA Margin -3526.57 -668.15 -632.66 -243.46
Net Profit Margin -3768.28 -702.95 -636.58 -251.63
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 2020-12-31
ROA -34.03 -18.98 -9.02 -23.00 -13.78 -6.08 -27.92 -15.50 -6.35 -23.27 -18.78 -8.44 -18.29 -10.53 -4.58
ROE -47.99 -24.72 -10.27 -25.89 -15.40 -6.72 -32.82 -17.88 -7.15 -28.21 -23.83 -10.46 -21.06 -11.89 -5.14
Gross Margin
Operating Margin -2571.48 -1535.30 -970.89 -960.07 -712.05 -760.72 -674.38 -432.65 -366.83
EBITDA Margin -2386.73 -1417.81 -883.78 -922.45 -688.39 -739.05 -669.61 -428.49 -362.85
Net Profit Margin -2535.80 -1535.30 -970.89 -958.59 -712.05 -760.72 -674.44 -432.71 -366.95

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 2024-06-30 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 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 2,558,301.00 2,061,705.00 811,930.00 737,988.00 567,401.00
   Current Assets 2,327,632.00 1,879,281.00 660,185.00 589,773.00 454,122.00
      Cash and Short-Term Investments 2,289,299.00 1,852,955.00 644,943.00 577,054.00 440,741.00
            Cash and Cash Equivalents 543,064.00 696,148.00 161,412.00 108,497.00 104,268.00
            Short-Term Investments 1,746,235.00 1,156,807.00 483,531.00 468,557.00 336,473.00
      Net Receivables 0 1,254.00 4,673.00 5,929.00 0
      Inventory 0 0 0 0 0
      Other Current Assets 38,333.00 25,072.00 10,569.00 6,790.00 13,381.00
   Non-Current Assets 230,669.00 182,424.00 151,745.00 148,215.00 113,279.00
      Property, Plant, Equipment Net 141,823.00 100,014.00 73,736.00 71,236.00 42,737.00
      Goodwill 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00
      Intangible Assets 56,670.00 57,739.00 58,807.00 59,876.00 60,945.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 17,568.00 10,063.00 4,594.00 2,495.00 -5,011.00
Liabilities 293,097.00 235,511.00 126,742.00 135,420.00 92,725.00
   Current Liabilities 163,914.00 143,851.00 61,984.00 60,350.00 47,176.00
      Payables and Expenses 85,201.00 85,401.00 34,587.00 23,909.00 20,345.00
            Account Payables 54,427.00 61,788.00 21,306.00 14,057.00 12,609.00
            Current Accrued Liabilities 30,774.00 23,613.00 13,281.00 9,852.00 7,736.00
      Short-Term Debt 12,872.00 7,369.00 6,773.00 6,214.00 3,672.00
      Other Current Liabilities 65,841.00 51,081.00 20,624.00 30,227.00 23,159.00
   Non-Current Liabilities 129,183.00 91,660.00 64,758.00 75,070.00 45,549.00
      Long-Term Debt 122,971.00 80,575.00 57,432.00 60,419.00 28,992.00
      Other Non-Current Liabilities 6,212.00 11,085.00 7,326.00 14,651.00 16,557.00
Equity 2,265,204.00 1,826,194.00 685,188.00 602,568.00 474,676.00
   Shareholders Equity 2,265,204.00 1,826,194.00 685,188.00 602,568.00 474,676.00
      Capital Stock 18.00 16.00 9.00 8.00 7.00
      Share Premium 4,001,666.00 2,963,342.00 1,388,300.00 1,055,572.00 740,098.00
      Retained Earnings -1,737,801.00 -1,137,708.00 -701,341.00 -452,636.00 -265,545.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 1,321.00 544.00 -1,780.00 -376.00 116.00
   Minority Interest 0 0 0 0 0
Investments 1,746,235.00 1,156,807.00 483,531.00 468,557.00 336,473.00
Debt 135,843.00 87,944.00 64,205.00 66,633.00 32,664.00
Common Shares Outstanding 185,896.62 164,674.59 90,411.91 74,142.62 66,599.75
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 0.00 11,580.00 35,380.00 29,390.00 42,983.00
Operating Expenses 689,524.00 498,765.00 293,659.00 217,398.00 153,680.00
   Selling, General and Administrative Expenses 97,299.00 75,621.00 40,586.00 30,450.00 21,428.00
   Research and Development Expenses 592,225.00 423,144.00 253,073.00 186,948.00 132,252.00
   Other Operating Expenses 0.00 0.00 0.00 0.00 0.00
Operating Income -689,524.00 -487,185.00 -258,279.00 -188,008.00 -110,697.00
Net Non-Operating Income 88,678.00 47,294.00 9,154.00 917.00 2,167.00
Interest Income 0 0 0 941.00 2,309.00
Interest Expense 0.00 0.00 0.00 12.00 71.00
Net Interest 86,883.00 47,482.00 9,154.00 929.00 2,238.00
EBT -600,846.00 -439,891.00 -249,125.00 -187,091.00 -108,530.00
Income Tax 753.00 3,524.00 420.00 0.00 371.00
Net Income -600,093.00 -436,367.00 -248,705.00 -187,091.00 -108,159.00
EBIT -600,846.00 -439,891.00 -249,125.00 -187,079.00 -108,459.00
Deprecation and Amortization 57,458.00 31,514.00 12,734.00 1,140.00 3,811.00
EBITDA -543,388.00 -408,377.00 -236,391.00 -185,939.00 -104,648.00
EPS -0.00 -0.00 -0.00 0 0
Diluted EPS -0.00 -0.00 -0.00 0 0
Average Shares Outstanding Basic 167,737.67 113,149.87 80,626.52 0 0
Average Shares Outstanding Diluted 167,737.67 113,149.87 80,626.52 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -557,436.00 -350,572.00 -224,401.00 -147,180.00 -100,064.00
   Operating Net Income -600,093.00 -436,367.00 -248,705.00 -187,091.00 -108,159.00
   Deprecation and Amortization 57,458.00 31,514.00 12,734.00 1,140.00 3,811.00
   Deferred Income Tax -738.00 -3,848.00 0 0 0
   Share Based Compensation 79,197.00 61,772.00 31,196.00 20,724.00 8,886.00
   Change in Working Capital 8,583.00 31,186.00 -4,613.00 -1,320.00 297.00
   Other Operating Activities -101,843.00 -34,829.00 -15,013.00 19,367.00 -4,899.00
Investing Cash Flow -554,394.00 -342,598.00 -24,116.00 -142,117.00 -234,233.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 10,308.00 7,729.00 10,816.00 6,528.00 2,933.00
   Net Purchase/Sale of Investments Net 2,136,623.00 1,058,916.00 612,769.00 671,335.00 544,133.00
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -2,701,325.00 -1,409,243.00 -647,701.00 -819,980.00 -781,299.00
Financing Cash Flow 959,413.00 1,229,200.00 301,432.00 294,179.00 422,776.00
   Net Issuance/Repayment of Debt 0 0 0 0 0
   Net Issuance/Repurchase of Equity 1,781,650.00 389,122.00 299,507.00 292,728.00 471,944.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -822,237.00 840,078.00 1,925.00 1,451.00 -49,168.00
Net Change in Cash -152,417.00 536,030.00 52,915.00 4,882.00 88,479.00
   Cash at Beginning of Period 699,179.00 163,149.00 110,234.00 105,352.00 16,873.00
   Cash at End of Period 546,762.00 699,179.00 163,149.00 110,234.00 105,352.00
Free Cash Flow 0 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 2020-12-31
Assets 2,251,920.00 2,429,568.00 2,365,353.00 2,558,301.00 1,762,999.00 1,808,437.00 1,908,362.00 2,061,705.00 984,232.00 1,073,709.00 1,073,248.00 811,930.00 825,910.00 632,802.00 682,774.00 737,988.00 734,976.00 774,046.00 811,651.00 567,401.00
   Current Assets 1,977,489.00 2,176,439.00 2,134,582.00 2,327,632.00 1,579,139.00 1,624,730.00 1,729,202.00 1,879,281.00 824,467.00 922,092.00 922,753.00 660,185.00 675,108.00 483,046.00 534,343.00 589,773.00 623,536.00 661,011.00 697,405.00 454,122.00
      Cash and Short-Term Investments 1,931,508.00 2,137,171.00 2,102,675.00 2,289,299.00 1,549,481.00 1,590,715.00 1,703,540.00 1,852,955.00 813,195.00 909,489.00 909,800.00 644,943.00 655,013.00 461,433.00 518,754.00 577,054.00 608,655.00 646,322.00 681,593.00 440,741.00
            Cash and Cash Equivalents 217,442.00 402,438.00 333,554.00 543,064.00 201,262.00 275,713.00 288,432.00 696,148.00 358,399.00 380,330.00 427,222.00 161,412.00 178,941.00 105,781.00 97,667.00 108,497.00 129,154.00 195,600.00 351,595.00 104,268.00
            Short-Term Investments 1,714,066.00 1,734,733.00 1,769,121.00 1,746,235.00 1,348,219.00 1,315,002.00 1,415,108.00 1,156,807.00 454,796.00 529,159.00 482,578.00 483,531.00 476,072.00 355,652.00 421,087.00 468,557.00 479,501.00 450,722.00 329,998.00 336,473.00
      Net Receivables 0 0 0 0 0 0 0 1,254.00 309.00 2,510.00 3,995.00 4,673.00 4,940.00 5,624.00 5,383.00 5,929.00 7,412.00 6,527.00 7,564.00 0
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 45,981.00 39,268.00 31,907.00 38,333.00 29,658.00 34,015.00 25,662.00 25,072.00 10,963.00 10,093.00 8,958.00 10,569.00 15,155.00 15,989.00 10,206.00 6,790.00 7,469.00 8,162.00 8,248.00 13,381.00
   Non-Current Assets 274,431.00 253,129.00 230,771.00 230,669.00 183,860.00 183,707.00 179,160.00 182,424.00 159,765.00 151,617.00 150,495.00 151,745.00 150,802.00 149,756.00 148,431.00 148,215.00 111,440.00 113,035.00 114,246.00 113,279.00
      Property, Plant, Equipment Net 167,376.00 147,049.00 142,930.00 141,823.00 99,152.00 100,589.00 99,890.00 100,014.00 73,408.00 73,451.00 72,838.00 73,736.00 74,526.00 73,344.00 71,626.00 71,236.00 35,341.00 36,669.00 37,574.00 42,737.00
      Goodwill 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00 14,608.00
      Intangible Assets 55,869.00 56,136.00 56,403.00 56,670.00 56,937.00 57,205.00 57,472.00 57,739.00 58,006.00 58,273.00 58,540.00 58,807.00 59,075.00 59,342.00 59,609.00 59,876.00 60,143.00 60,410.00 60,678.00 60,945.00
      Long-Term Investments 0 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 0
      Other Non-Current Assets 36,578.00 35,336.00 16,830.00 17,568.00 13,163.00 11,305.00 7,190.00 10,063.00 13,743.00 5,285.00 4,509.00 4,594.00 2,593.00 2,462.00 2,588.00 2,495.00 1,348.00 1,348.00 1,386.00 -5,011.00
Liabilities 655,016.00 564,199.00 287,203.00 293,097.00 196,695.00 189,589.00 182,895.00 235,511.00 146,774.00 142,874.00 121,030.00 126,742.00 144,491.00 133,961.00 131,781.00 135,420.00 96,772.00 89,040.00 89,071.00 92,725.00
   Current Liabilities 245,622.00 184,534.00 158,599.00 163,914.00 110,863.00 105,332.00 93,723.00 143,851.00 85,541.00 78,059.00 54,635.00 61,984.00 73,271.00 63,539.00 57,458.00 60,350.00 51,891.00 45,801.00 43,759.00 47,176.00
      Payables and Expenses 106,632.00 78,487.00 60,953.00 85,201.00 43,533.00 44,053.00 42,174.00 85,401.00 42,455.00 38,948.00 25,753.00 34,587.00 33,308.00 20,615.00 18,424.00 23,909.00 16,804.00 15,154.00 12,887.00 20,345.00
            Account Payables 74,849.00 56,761.00 47,507.00 54,427.00 24,456.00 29,319.00 32,379.00 61,788.00 29,627.00 29,784.00 19,912.00 21,306.00 24,382.00 14,067.00 14,174.00 14,057.00 10,491.00 10,435.00 9,650.00 12,609.00
            Current Accrued Liabilities 31,783.00 21,726.00 13,446.00 30,774.00 19,077.00 14,734.00 9,795.00 23,613.00 12,828.00 9,164.00 5,841.00 13,281.00 8,926.00 6,548.00 4,250.00 9,852.00 6,313.00 4,719.00 3,237.00 7,736.00
      Short-Term Debt 16,326.00 13,088.00 12,979.00 12,872.00 8,396.00 8,332.00 8,169.00 7,369.00 5,755.00 5,718.00 5,921.00 6,773.00 7,017.00 6,030.00 6,331.00 6,214.00 4,959.00 4,926.00 3,700.00 3,672.00
      Other Current Liabilities 122,664.00 92,959.00 84,667.00 65,841.00 58,934.00 52,947.00 43,380.00 51,081.00 37,331.00 33,393.00 22,961.00 20,624.00 32,946.00 36,894.00 32,703.00 30,227.00 30,128.00 25,721.00 27,172.00 23,159.00
   Non-Current Liabilities 409,394.00 379,665.00 128,604.00 129,183.00 85,832.00 84,257.00 89,172.00 91,660.00 61,233.00 64,815.00 66,395.00 64,758.00 71,220.00 70,422.00 74,323.00 75,070.00 44,881.00 43,239.00 45,312.00 45,549.00
      Long-Term Debt 142,135.00 119,699.00 121,363.00 122,971.00 78,310.00 79,079.00 79,860.00 80,575.00 57,093.00 57,538.00 57,676.00 57,432.00 58,183.00 58,922.00 59,583.00 60,419.00 26,827.00 27,566.00 28,294.00 28,992.00
      Other Non-Current Liabilities 267,259.00 259,966.00 7,241.00 6,212.00 7,522.00 5,178.00 9,312.00 11,085.00 4,140.00 7,277.00 8,719.00 7,326.00 13,037.00 11,500.00 14,740.00 14,651.00 18,054.00 15,673.00 17,018.00 16,557.00
Equity 1,596,904.00 1,865,369.00 2,078,150.00 2,265,204.00 1,566,304.00 1,618,848.00 1,725,467.00 1,826,194.00 837,458.00 930,835.00 952,218.00 685,188.00 681,419.00 498,841.00 550,993.00 602,568.00 638,204.00 685,006.00 722,580.00 474,676.00
   Shareholders Equity 1,596,904.00 1,865,369.00 2,078,150.00 2,265,204.00 1,566,304.00 1,618,848.00 1,725,467.00 1,826,194.00 837,458.00 930,835.00 952,218.00 685,188.00 681,419.00 498,841.00 550,993.00 602,568.00 638,204.00 685,006.00 722,580.00 474,676.00
      Capital Stock 18.00 18.00 18.00 18.00 16.00 16.00 16.00 16.00 11.00 11.00 11.00 9.00 9.00 8.00 8.00 8.00 8.00 8.00 8.00 7.00
      Share Premium 4,097,980.00 4,063,053.00 4,027,642.00 4,001,666.00 3,105,708.00 3,007,639.00 2,980,360.00 2,963,342.00 1,814,489.00 1,799,812.00 1,722,202.00 1,388,300.00 1,328,663.00 1,072,103.00 1,062,552.00 1,055,572.00 1,038,196.00 1,032,009.00 1,025,230.00 740,098.00
      Retained Earnings -2,504,210.00 -2,199,004.00 -1,951,217.00 -1,737,801.00 -1,543,232.00 -1,386,944.00 -1,253,711.00 -1,137,708.00 -976,171.00 -867,737.00 -769,439.00 -701,341.00 -644,834.00 -571,505.00 -510,283.00 -452,636.00 -399,960.00 -347,020.00 -302,721.00 -265,545.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 3,116.00 1,302.00 1,707.00 1,321.00 3,812.00 -1,863.00 -1,198.00 544.00 -871.00 -1,251.00 -556.00 -1,780.00 -2,419.00 -1,765.00 -1,284.00 -376.00 -40.00 9.00 63.00 116.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 1,714,066.00 1,734,733.00 1,769,121.00 1,746,235.00 1,348,219.00 1,315,002.00 1,415,108.00 1,156,807.00 454,796.00 529,159.00 482,578.00 483,531.00 476,072.00 355,652.00 421,087.00 468,557.00 479,501.00 450,722.00 329,998.00 336,473.00
Debt 158,461.00 132,787.00 134,342.00 135,843.00 86,706.00 87,411.00 88,029.00 87,944.00 62,848.00 63,256.00 63,597.00 64,205.00 65,200.00 64,952.00 65,914.00 66,633.00 31,786.00 32,492.00 31,994.00 32,664.00
Common Shares Outstanding 189,710.95 186,901.27 186,258.21 185,896.62 167,748.34 165,646.51 164,913.01 164,674.59 109,451.68 109,141.09 106,298.08 90,411.91 87,815.29 74,462.08 74,227.67 74,142.62 73,654.88 73,576.99 73,435.11 66,599.75
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
Revenues 0 0 0 0.00 0.00 0.00 0.00 -17,110.00 10,838.00 10,838.00 7,014.00 -8,942.00 20,050.00 16,694.00 7,578.00 -19,500.00 19,930.00 18,829.00 10,131.00
Operating Expenses 820,743.00 505,474.00 240,760.00 -222,051.00 473,214.00 297,502.00 140,859.00 -96,238.00 318,040.00 194,792.00 82,171.00 -125,223.00 216,622.00 136,733.00 65,527.00 -85,916.00 155,025.00 100,761.00 47,528.00
   Selling, General and Administrative Expenses 128,354.00 75,591.00 35,011.00 -39,173.00 69,085.00 44,549.00 22,838.00 -8,844.00 43,377.00 27,864.00 13,224.00 -17,369.00 29,676.00 19,242.00 9,037.00 -11,945.00 21,758.00 13,967.00 6,670.00
   Research and Development Expenses 692,389.00 429,883.00 205,749.00 -182,878.00 404,129.00 252,953.00 118,021.00 -87,394.00 274,663.00 166,928.00 68,947.00 -107,854.00 186,946.00 117,491.00 56,490.00 -73,971.00 133,267.00 86,794.00 40,858.00
   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 0.00 0.00 0.00 0.00
Operating Income -820,743.00 -505,474.00 -240,760.00 222,051.00 -473,214.00 -297,502.00 -140,859.00 79,128.00 -307,202.00 -183,954.00 -75,157.00 116,281.00 -196,572.00 -120,039.00 -57,949.00 66,416.00 -135,095.00 -81,932.00 -37,397.00
Net Non-Operating Income 54,334.00 44,271.00 27,344.00 -52,134.00 67,690.00 48,266.00 24,856.00 -5,828.00 28,505.00 17,558.00 7,059.00 3,605.00 4,077.00 1,170.00 302.00 -441.00 680.00 457.00 221.00
Interest Income 81,697.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -489.00 704.00 481.00 245.00
Interest Expense 12,295.00 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 -24.00 12.00 12.00 12.00
Net Interest 69,402.00 47,319.00 24,915.00 -47,782.00 65,658.00 45,247.00 23,760.00 -5,640.00 28,505.00 17,558.00 7,059.00 3,605.00 4,077.00 1,170.00 302.00 -465.00 692.00 469.00 233.00
EBT -766,409.00 -461,203.00 -213,416.00 169,917.00 -405,524.00 -249,236.00 -116,003.00 73,300.00 -278,697.00 -166,396.00 -68,098.00 119,886.00 -192,495.00 -118,869.00 -57,647.00 65,975.00 -134,415.00 -81,475.00 -37,176.00
Income Tax 0.00 0.00 0.00 753.00 0.00 0.00 0.00 -343.00 3,867.00 0.00 0.00 123.00 297.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income -766,409.00 -461,203.00 -213,416.00 170,670.00 -405,524.00 -249,236.00 -116,003.00 72,957.00 -274,830.00 -166,396.00 -68,098.00 120,009.00 -192,198.00 -118,869.00 -57,647.00 65,975.00 -134,415.00 -81,475.00 -37,176.00
EBIT -754,114.00 -461,203.00 -213,416.00 169,917.00 -405,524.00 -249,236.00 -116,003.00 73,300.00 -278,697.00 -166,396.00 -68,098.00 119,886.00 -192,495.00 -118,869.00 -57,647.00 65,951.00 -134,403.00 -81,463.00 -37,164.00
Deprecation and Amortization 35,934.00 25,612.00 13,800.00 -36,431.00 44,176.00 31,706.00 18,007.00 -7,353.00 20,023.00 12,734.00 6,110.00 -400.00 7,543.00 3,949.00 1,642.00 -995.00 949.00 782.00 404.00
EBITDA -718,180.00 -435,591.00 -199,616.00 133,486.00 -361,348.00 -217,530.00 -97,996.00 65,947.00 -258,674.00 -153,662.00 -61,988.00 119,486.00 -184,952.00 -114,920.00 -56,005.00 64,956.00 -133,454.00 -80,681.00 -36,760.00
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 -0.00 0 0.00 0 0 0
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 0 0.00 0 0 0
Average Shares Outstanding Basic 188,657.56 188,365.80 188,145.90 175,709.61 165,576.33 164,935.54 164,729.20 153,173.62 103,702.50 100,891.38 94,831.98 170,533.11 77,751.18 74,221.80 0 0.00 0 0 0
Average Shares Outstanding Diluted 188,657.56 188,365.80 188,145.90 175,709.61 165,576.33 164,935.54 164,729.20 153,173.62 103,702.50 100,891.38 94,831.98 170,533.11 77,751.18 74,221.80 0 0.00 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 -623,503.00 -416,192.00 -194,435.00 310,997.00 -419,146.00 -288,727.00 -160,560.00 71,340.00 -230,009.00 -129,512.00 -62,391.00 104,248.00 -162,613.00 -110,876.00 -55,160.00 69,308.00 -107,915.00 -71,327.00 -37,246.00
   Operating Net Income -766,409.00 -461,203.00 -213,416.00 170,670.00 -405,524.00 -249,236.00 -116,003.00 72,957.00 -274,830.00 -166,396.00 -68,098.00 120,009.00 -192,198.00 -118,869.00 -57,647.00 65,975.00 -134,415.00 -81,475.00 -37,176.00
   Deprecation and Amortization 35,934.00 25,612.00 13,800.00 -36,431.00 44,176.00 31,706.00 18,007.00 -7,353.00 20,023.00 12,734.00 6,110.00 -400.00 7,543.00 3,949.00 1,642.00 -995.00 949.00 782.00 404.00
   Deferred Income Tax 0 0 0 -738.00 0 0 0 -3,848.00 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 84,693.00 53,914.00 25,084.00 -29,752.00 56,758.00 35,983.00 16,208.00 -6,951.00 36,345.00 22,679.00 9,699.00 -13,070.00 22,880.00 14,742.00 6,644.00 -5,890.00 14,527.00 8,700.00 3,387.00
   Change in Working Capital 44,376.00 20,651.00 -13,494.00 84,963.00 -26,871.00 -21,977.00 -27,532.00 26,410.00 11,421.00 -690.00 -5,955.00 -17,008.00 11,383.00 44.00 968.00 1,436.00 2,420.00 -3,833.00 -1,343.00
   Other Operating Activities -22,097.00 -55,166.00 -6,409.00 122,285.00 -87,685.00 -85,203.00 -51,240.00 -9,875.00 -22,968.00 2,161.00 -4,147.00 14,717.00 -12,221.00 -10,742.00 -6,767.00 8,782.00 8,604.00 4,499.00 -2,518.00
Investing Cash Flow 43,176.00 18,327.00 -15,949.00 -4,915.00 -161,491.00 -140,022.00 -247,966.00 -344,850.00 37,804.00 -39,548.00 3,996.00 -157,555.00 -17,012.00 106,426.00 44,025.00 126,697.00 -150,650.00 -120,473.00 2,309.00
   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 14,065.00 10,716.00 3,266.00 -7,511.00 9,086.00 5,566.00 3,167.00 -2,318.00 5,412.00 2,877.00 1,758.00 -3,428.00 7,940.00 4,415.00 1,889.00 -7,287.00 5,345.00 4,891.00 3,579.00
   Net Purchase/Sale of Investments Net 1,504,749.00 1,045,711.00 510,036.00 -1,083,007.00 1,441,413.00 1,076,536.00 701,681.00 -42,764.00 539,311.00 369,272.00 193,097.00 -190,953.00 452,434.00 239,470.00 111,818.00 -395,497.00 560,521.00 392,273.00 114,038.00
   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 -1,475,638.00 -1,038,100.00 -529,251.00 1,085,603.00 -1,611,990.00 -1,222,124.00 -952,814.00 -299,768.00 -506,919.00 -411,697.00 -190,859.00 36,826.00 -477,386.00 -137,459.00 -69,682.00 529,481.00 -716,516.00 -517,637.00 -115,308.00
Financing Cash Flow 255,865.00 257,457.00 874.00 864,681.00 85,608.00 8,314.00 810.00 126,314.00 389,846.00 388,835.00 324,205.00 49,324.00 250,069.00 1,734.00 305.00 -554,668.00 283,451.00 283,132.00 282,264.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 6,977.00 2,829.00 892.00 1,693,239.00 82,451.00 5,150.00 810.00 -709,640.00 387,784.00 386,773.00 324,205.00 49,877.00 248,830.00 495.00 305.00 -553,769.00 282,276.00 281,957.00 282,264.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities 248,888.00 254,628.00 -18.00 -828,558.00 3,157.00 3,164.00 0.00 835,954.00 2,062.00 2,062.00 0.00 -553.00 1,239.00 1,239.00 0.00 -899.00 1,175.00 1,175.00 0.00
Net Change in Cash -324,462.00 -140,408.00 -209,510.00 1,170,763.00 -495,029.00 -420,435.00 -407,716.00 -147,196.00 197,641.00 219,775.00 265,810.00 -3,983.00 70,444.00 -2,716.00 -10,830.00 -358,663.00 24,886.00 91,332.00 247,327.00
   Cash at Beginning of Period 546,762.00 546,762.00 546,762.00 -624,001.00 699,179.00 699,179.00 699,179.00 846,375.00 163,149.00 163,149.00 163,149.00 167,132.00 110,234.00 110,234.00 110,234.00 468,897.00 105,352.00 105,352.00 105,352.00
   Cash at End of Period 222,300.00 406,354.00 337,252.00 546,762.00 204,150.00 278,744.00 291,463.00 699,179.00 360,790.00 382,924.00 428,959.00 163,149.00 180,678.00 107,518.00 99,404.00 110,234.00 130,238.00 196,684.00 352,679.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0