Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -0.32
Price to Sales 0.16 0.38 6.93
Book Value Per Common Share -0.19 3.92 -0.04 1.06 0.01
Price to Book -7.00 1.06 -118.55
Price to Operating Cash Flow 0.41 0.75 -24.42
Price to Free Cash Flow 0.45 0.75 -24.00
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 2021-03-31 2020-12-31
Price to Earnings -4.23 -1.06 -3.00 -1.74
Price to Sales 3.03 3.23 0.54 3.18 1.04 18.59
Book Value Per Common Share -0.10 -0.43 -0.37 -0.19 0.91 3.41 3.92 -0.19 -0.04 0.54 1.06 1.15 0.01
Price to Book -2.95 -1.96 -2.69 -7.00 1.45 0.85 1.06 -21.78 -118.55
Price to Operating Cash Flow -2.77 0.72 -0.53 0.55 1.12 12.81
Price to Free Cash Flow -2.69 0.72 -0.49 0.57 1.13 12.83
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 -14.99 100.15 25.11 208.56
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 2021-03-31 2020-12-31
Earning YoY
Revenue YoY 0.11 -81.61 -58.42 48.56 130.64 3.08
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 13.75 12.23 0.82 2.09 0.06
Quick Ratio 0.90 0.87 1.14 3.36 0.40
Current Ratio 0.92 1.05 1.61 4.31 1.02
Debt to Equity -82.95 4.48 -51.79 1.92 30.83
Long-Term Debt to Equity -13.56 0.84 -32.68 1.33 0.39
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 2021-03-31 2020-12-31
Cash Per Common Share 0.04 0.02 9.38 11.46 0.63 14.80 12.23 1.11 0.82 0.64 2.09 0.87 0.06
Quick Ratio 0.08 0.04 0.75 0.90 0.05 0.99 0.87 1.10 1.14 0.78 3.36 6.42 0.40
Current Ratio 0.82 0.67 0.77 0.92 0.96 1.04 1.05 1.32 1.61 2.35 4.31 8.81 1.02
Debt to Equity -8.27 -3.97 -36.07 -82.95 19.13 5.44 4.48 -12.23 -51.79 4.09 1.92 0.13 30.83
Long-Term Debt to Equity -0.81 -0.41 -2.35 -13.56 3.30 0.99 0.84 -6.78 -32.68 2.56 1.33 0.00 0.39

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -21.94 -41.27 -50.42 -19.94 -40.83
ROE 1797.92 -226.05 2560.42 -58.13 -1299.82
Gross Margin 40.05 39.04 48.99 64.22 43.40
Operating Margin -44.33 -75.11 -103.75 -89.17 -45.25
EBITDA Margin -36.25 -51.29 -43.60 -85.70 -45.07
Net Profit Margin -47.90 -80.62 -149.61 -100.57 -58.74
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 2021-03-31 2020-12-31
ROA -8.34 -40.81 -2.55 -4.06 -2.04 -7.37 -17.93 -25.14
ROE 60.61 121.21 89.42 -81.83 -13.14 82.82 -91.25 -28.43
Gross Margin 50.00 43.80 44.37 37.68 41.92 45.28 47.63 66.44
Operating Margin -68.95 -112.50 -7.75 -184.11 -14.73 -47.40 -321.01 -217.63
EBITDA Margin -69.38 -105.17 -6.03 -163.24 -5.40 -41.91 -311.73 -217.50
Net Profit Margin -70.10 -302.12 -18.21 -182.70 -16.03 -70.67 -435.42 -280.65

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 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 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 122,276.00 128,665.00 97,657.14 132,672.83 12,262.74
   Current Assets 95,384.00 89,865.00 59,216.46 115,690.18 12,006.04
   Deposits 0 0 6,900.00 0 0
      Cash and Short-Term Investments 92,031.00 73,318.00 40,833.72 89,559.70 1,832.73
            Cash and Cash Equivalents 92,031.00 73,318.00 40,833.72 89,559.70 1,832.73
            Short-Term Investments 0 0 0 0 0
      Net Receivables 1,076.00 859.00 1,155.77 481.67 2,799.23
      Inventory 0 0 302.04 286.36 0
      Other Current Assets 2,277.00 15,688.00 16,924.93 25,362.46 7,374.08
   Non-Current Assets 26,892.00 38,800.00 38,440.69 16,982.65 256.69
      Property, Plant, Equipment Net 3,590.00 4,585.00 3,228.95 3,165.04 175.06
      Goodwill 18,856.00 26,753.00 26,752.62 6,048.03 0
      Intangible Assets 1,802.00 5,059.00 6,738.61 7,578.94 0
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 2,644.00 2,403.00 1,720.50 190.64 81.64
Liabilities 123,768.00 105,174.00 99,580.10 87,167.40 11,877.50
   Current Liabilities 103,542.00 85,542.00 36,736.86 26,826.43 11,727.60
      Payables and Expenses 11,661.00 7,574.00 1,630.22 871.04 210.09
            Account Payables 3,515.00 1,819.00 1,728.25 1,226.29 0
            Current Accrued Liabilities 8,146.00 5,755.00 28,912.49 4,997.81 10,199.96
      Short-Term Debt 839.00 692.00 269.43 495.13 1,249.41
      Other Current Liabilities 91,042.00 77,276.00 34,837.22 25,460.26 10,268.09
   Non-Current Liabilities 20,226.00 19,632.00 62,843.23 60,340.97 149.90
      Long-Term Debt 20,226.00 19,632.00 62,843.23 60,340.97 149.90
      Other Non-Current Liabilities 0.00 0.00 0.00 0.00 0.00
Equity -1,492.00 23,491.00 -1,922.95 45,505.42 385.24
   Shareholders Equity -1,492.00 23,491.00 -1,922.95 45,505.42 385.24
      Capital Stock 9.00 7.00 49.02 42.83 30.71
      Share Premium 179,157.00 175,664.00 96,270.72 88,574.47 12,079.07
      Retained Earnings -179,407.00 -152,581.00 -99,772.33 -38,178.06 -11,724.55
      Treasury Shares 0 0 0 -4,933.82 0
      Accumulated Other Comprehensive Income -1,251.00 401.00 1,596.23 0 0
   Minority Interest 0 0 0 0 0
Investments 0 0 1,523.63 0 6,665.03
Debt 21,065.00 20,324.00 63,112.66 60,836.11 1,399.32
Net Debt 0 0 22,278.94 0 0
Common Shares Outstanding 8,032.32 5,996.95 49,727.36 42,831.82 30,710.65
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 55,998.00 65,869.00 32,909.11 26,304.50 8,525.01
Cost Of Revenue 33,572.00 40,157.00 16,786.59 9,412.25 4,825.59
Gross Profit 22,426.00 25,712.00 16,122.52 16,892.25 3,699.43
Operating Expenses 43,311.00 38,014.00 53,960.74 37,676.77 8,803.75
   Selling, General and Administrative Expenses 2,466.00 15,834.00 13,748.16 24,687.43 5,621.10
   Research and Development Expenses 3,848.00 5,757.00 6,275.88 3,870.05 1,363.76
   Other Operating Expenses 36,997.00 16,423.00 33,936.70 9,119.29 1,818.90
Operating Income -20,885.00 -12,302.00 -37,838.22 -20,784.52 -5,104.33
Net Non-Operating Income -4,800.00 -40,510.00 -11,406.18 -5,664.09 96.95
Interest Income 0 0 6,931.26 1,061.69 790.18
Interest Expense 862.00 3,340.00 15,100.05 2,993.41 1,149.68
Net Interest -862.00 -3,340.00 -8,168.78 -1,931.71 -359.49
EBT -25,685.00 -52,812.00 -49,244.40 -26,448.61 -5,007.38
Income Tax 1,140.00 289.00 8.70 4.91 0.00
Net Income -26,825.00 -53,101.00 -49,235.70 -26,453.51 -5,007.38
EBIT -24,823.00 -49,472.00 -34,144.35 -23,455.20 -3,857.70
Deprecation and Amortization 4,522.00 15,687.00 19,796.38 912.68 15.88
EBITDA -20,301.00 -33,785.00 -14,347.98 -22,542.52 -3,841.83
EPS -0.00 0 0 0 0
Diluted EPS -0.00 0 0 0 0
Average Shares Outstanding Basic 6,694.16 0 0 0 0
Average Shares Outstanding Diluted 6,694.16 0 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 21,191.00 33,161.00 -9,343.96 -27,165.88 -4,160.68
   Operating Net Income -26,825.00 -53,101.00 0 0 0
   Deprecation and Amortization 4,522.00 15,687.00 19,796.38 912.68 15.88
   Deferred Income Tax 142.00 -134.00 -48.46 0 0
   Share Based Compensation -624.00 1,853.00 166.80 3,704.01 3,036.01
   Change in Working Capital 17,936.00 56,357.00 11,930.37 -10,000.51 -4,643.36
   Other Operating Activities 26,040.00 12,499.00 -41,189.05 -21,782.06 -2,569.20
Investing Cash Flow -1,808.00 2,287.00 -47,648.67 -2,658.86 -6.65
   Capital Expenditure -1,808.00 -108.00 -162.34 -158.86 -6.65
   Net Purchase/Sale of PPE -1,808.00 2,512.00 -162.34 -158.86 -6.65
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 -225.00 -12,591.40 -1,008.93 0
   Other Investing Activities 1,808.00 108.00 -34,732.60 -1,332.21 6.65
Financing Cash Flow -241.00 -3,008.00 -10,048.78 116,060.63 5,236.95
   Net Issuance/Repayment of Debt -12.00 -3,015.00 -6,000.00 77,150.00 2,341.44
   Net Issuance/Repurchase of Equity 0 0 -4,048.78 50,298.36 2,895.51
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -229.00 7.00 0.00 -11,387.73 0.00
Net Change in Cash 18,712.00 32,440.00 -48,725.97 87,726.96 1,069.62
   Cash at Beginning of Period 73,318.00 40,878.00 89,559.70 1,832.73 763.11
   Cash at End of Period 92,030.00 73,318.00 40,833.72 89,559.70 1,832.73
Free Cash Flow 19,383.00 33,053.00 -9,506.30 -27,324.74 -4,167.33
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 2021-03-31 2020-12-31
Assets 23,413.00 20,602.00 108,073.00 122,276.00 127,311.00 131,871.00 128,665.00 108,216.00 97,657.14 118,908.28 132,672.83 53,029.12 12,262.74
   Current Assets 19,784.00 16,632.00 79,835.00 95,384.00 95,713.00 94,262.00 89,865.00 69,367.00 59,216.46 84,350.60 115,690.18 52,797.28 12,006.04
   Deposits 0 0 0 0 0 0 0 0 6,900.00 0 0 0 0
      Cash and Short-Term Investments 1,155.00 210.00 77,490.00 92,031.00 4,263.00 88,816.00 73,318.00 57,138.00 40,833.72 27,594.49 89,559.70 35,696.59 1,832.73
            Cash and Cash Equivalents 1,155.00 210.00 77,490.00 92,031.00 4,263.00 88,816.00 73,318.00 57,138.00 40,833.72 27,594.49 89,559.70 35,696.59 1,832.73
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 839.00 888.00 958.00 1,076.00 917.00 1,066.00 859.00 859.00 1,155.77 468.59 481.67 2,799.23 2,799.23
      Inventory 0 0 0 0 0 0 0 0 302.04 217.11 286.36 0 0
      Other Current Assets 17,790.00 15,534.00 1,387.00 2,277.00 90,533.00 4,380.00 15,688.00 11,370.00 16,924.93 56,070.41 25,362.46 14,301.46 7,374.08
   Non-Current Assets 3,629.00 3,970.00 28,238.00 26,892.00 31,598.00 37,609.00 38,800.00 38,849.00 38,440.69 34,557.68 16,982.65 231.84 256.69
      Property, Plant, Equipment Net 1,922.00 2,170.00 3,271.00 3,590.00 4,927.00 4,326.00 4,585.00 3,039.00 3,228.95 3,069.92 3,165.04 150.20 175.06
      Goodwill 0 0 19,637.00 18,856.00 20,318.00 26,308.00 26,753.00 26,753.00 26,752.62 6,048.03 6,048.03 0 0
      Intangible Assets 1,467.00 1,560.00 2,969.00 1,802.00 3,676.00 4,439.00 5,059.00 6,156.00 6,738.61 25,267.37 7,578.94 0 0
      Long-Term Investments 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
      Other Non-Current Assets 240.00 240.00 2,361.00 2,644.00 2,677.00 2,536.00 2,403.00 2,901.00 1,720.50 172.35 190.64 81.64 81.64
Liabilities 26,635.00 27,539.00 111,155.00 123,768.00 120,988.00 111,401.00 105,174.00 117,850.00 99,580.10 95,547.14 87,167.40 6,143.78 11,877.50
   Current Liabilities 24,021.00 24,709.00 103,914.00 103,542.00 100,138.00 91,063.00 85,542.00 52,532.00 36,736.86 35,829.56 26,826.43 5,993.88 11,727.60
      Payables and Expenses 23,340.00 24,052.00 11,712.00 11,661.00 98,097.00 5,974.00 7,574.00 9,775.00 1,630.22 1,069.14 871.04 178.04 210.09
            Account Payables 18,024.00 20,828.00 4,245.00 3,515.00 90,528.00 1,321.00 1,819.00 2,437.00 1,728.25 1,775.62 1,226.29 0 0
            Current Accrued Liabilities 5,059.00 3,035.00 7,467.00 8,146.00 7,274.00 4,653.00 5,755.00 37,013.00 28,912.49 5,390.41 4,997.81 5,355.11 10,199.96
      Short-Term Debt 636.00 533.00 15,875.00 839.00 821.00 717.00 692.00 368.00 269.43 58,725.67 495.13 361.73 1,249.41
      Other Current Liabilities 45.00 124.00 76,327.00 91,042.00 1,220.00 84,372.00 77,276.00 42,389.00 34,837.22 -23,965.24 25,460.26 5,454.11 10,268.09
   Non-Current Liabilities 2,614.00 2,830.00 7,241.00 20,226.00 20,850.00 20,338.00 19,632.00 65,318.00 62,843.23 59,717.58 60,340.97 149.90 149.90
      Long-Term Debt 2,614.00 2,830.00 7,241.00 20,226.00 20,850.00 20,338.00 19,632.00 65,318.00 62,843.23 1,541.58 60,340.97 149.90 149.90
      Other Non-Current Liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 58,176.00 0.00 0.00 0.00
Equity -3,222.00 -6,937.00 -3,082.00 -1,492.00 6,323.00 20,470.00 23,491.00 -9,634.00 -1,922.95 23,361.14 45,505.42 46,885.34 385.24
   Shareholders Equity -3,222.00 -6,937.00 -3,082.00 -1,492.00 6,323.00 20,470.00 23,491.00 -9,634.00 -1,922.95 23,361.14 45,505.42 46,885.34 385.24
      Capital Stock 32.00 16.00 8.00 9.00 8.00 7.00 7.00 51.00 49.02 42.57 42.83 40.92 30.71
      Share Premium 189,270.00 183,618.00 179,222.00 179,157.00 177,750.00 175,777.00 175,664.00 96,234.00 96,270.72 90,982.61 88,574.47 71,898.40 12,079.07
      Retained Earnings -192,524.00 -190,571.00 -182,163.00 -179,407.00 -172,555.00 -155,270.00 -152,581.00 -107,457.00 -99,772.33 -59,494.05 -38,178.06 -25,053.98 -11,724.55
      Treasury Shares 0 0 0 0 0 0 0 0 0 -8,170.54 -4,933.82 0 0
      Accumulated Other Comprehensive Income 0 0 -149.00 -1,251.00 1,120.00 -44.00 401.00 1,538.00 1,596.23 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 687.00 1,523.63 0 0 6,665.03 6,665.03
Debt 3,250.00 3,363.00 23,116.00 21,065.00 21,671.00 21,055.00 20,324.00 65,686.00 63,112.66 60,267.25 60,836.11 511.63 1,399.32
Net Debt 0 403.00 0 0 13,443.00 0 0 8,548.00 22,278.94 32,672.75 0 0 0
Common Shares Outstanding 32,142.32 15,957.40 8,362.99 8,032.32 6,957.88 6,001.49 5,996.95 51,335.65 49,727.36 43,289.57 42,831.82 40,917.33 30,710.65
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 2021-03-31
Revenues 2,786.00 2,783.00 15,133.00 36,392.00 2,832.00 0 16,774.00 11,291.00 4,895.53 4,749.44
Cost Of Revenue 1,393.00 1,564.00 8,418.00 22,064.00 1,765.00 0 9,743.00 6,178.00 2,563.83 1,593.77
Interest Income 0 0 -129.00 0 0 0 0 893.00 3,631.34 2,399.15
Interest Expense 32.00 545.00 1,100.00 216.00 618.00 0 28.00 2,622.00 5,520.82 2,993.41
Net Interest 0 0 -1,229.00 -834.00 0 0 -28.00 -1,729.00 -1,889.48 -594.26
Non-Interest Expense 2,825.00 2,958.00 0 0 3,411.00 0 0 0 0 0
Gross Profit 1,393.00 1,219.00 6,715.00 14,328.00 1,067.00 0 7,031.00 5,113.00 2,331.70 3,155.67
Operating Expenses 2,597.00 3,246.00 7,563.00 29,643.00 4,731.00 0 8,937.00 8,793.00 8,506.80 12,518.70
   Selling, General and Administrative Expenses 2,825.00 2,958.00 2,640.00 -4,039.00 3,411.00 0 3,094.00 3,523.00 3,564.12 10,502.50
   Research and Development Expenses -216.00 129.00 449.00 1,640.00 815.00 0 1,393.00 1,936.00 1,938.13 653.38
   Other Operating Expenses 0 0 4,474.00 32,547.00 0 0 4,450.00 3,334.00 3,004.54 1,362.82
Operating Income -1,204.00 -2,027.00 -848.00 -15,315.00 -3,664.00 0 -1,906.00 -3,680.00 -6,175.10 -9,363.03
Net Non-Operating Income 45.00 155.00 -1,425.00 -4,255.00 48.00 0 -593.00 -4,294.00 -15,060.99 -3,966.40
EBT -1,953.00 -3,676.00 -2,273.00 -17,354.00 -5,832.00 0 -2,499.00 -7,974.00 -21,236.09 -13,329.43
Income Tax 0 164.00 483.00 500.00 450.00 0 190.00 5.00 79.90 0.00
Net Income Including Non-Controlling Interests -1,953.00 -8,408.00 0 0 -5,174.00 0 0 0 0 0
Net Income -1,953.00 -8,408.00 -2,756.00 -18,962.00 -5,174.00 0 -2,689.00 -7,979.00 -21,315.99 -13,329.43
EBIT -1,921.00 -3,131.00 -1,173.00 -17,138.00 -5,214.00 0 -2,471.00 -5,352.00 -15,715.27 -10,336.02
Deprecation and Amortization -12.00 204.00 261.00 2,366.00 591.00 0 1,565.00 620.00 454.34 6.01
EBITDA -1,933.00 -2,927.00 -912.00 -14,772.00 -4,623.00 0 -906.00 -4,732.00 -15,260.93 -10,330.01
EPS -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0 0 0 0
Diluted EPS -0.00 -0.00 -0.00 0.00 -0.00 -0.00 0 0 0 0
Average Shares Outstanding Basic 28,546.84 10,561.89 8,265.25 13,526.00 6,812.25 6,438.41 0 0 0 0
Average Shares Outstanding Diluted 29,797.04 10,561.89 8,265.25 13,526.00 6,812.25 6,438.41 0 0 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Operating Cash Flow -3,054.00 12,435.00 -15,581.00 16,424.00 15,525.00 16,379.00 -7,857.01 -11,258.78
   Operating Net Income -1,952.00 -8,408.00 -2,756.00 -5,173.00 -2,689.00 -7,979.00 0 0
   Deprecation and Amortization -12.00 204.00 261.00 591.00 1,565.00 620.00 454.34 6.01
   Deferred Income Tax 0 0 0 0 0 0 0 0
   Share Based Compensation 133.00 441.00 55.00 136.00 224.00 1,106.00 166.80 797.61
   Change in Working Capital -1,946.00 12,212.00 -13,739.00 20,534.00 4,947.00 20,059.00 1,317.47 -7,228.66
   Other Operating Activities 723.00 7,986.00 598.00 336.00 11,478.00 2,573.00 -9,795.61 -4,833.74
Investing Cash Flow -88.00 -74,994.00 -1,269.00 -581.00 -22.00 -17.00 -44,876.69 -11.11
   Capital Expenditure 0 28.00 -1,269.00 -554.00 -22.00 -17.00 -16,066.09 -11.11
   Net Purchase/Sale of PPE 1.00 -68.00 -1,269.00 -27.00 -22.00 -17.00 -16,066.09 -11.11
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 -28,810.60 0
   Other Investing Activities -89.00 0 1,269.00 0.00 22.00 17.00 16,066.09 11.11
Financing Cash Flow 5,359.00 -4.00 1,998.00 -8.00 -4.00 0 -9,231.51 45,133.74
   Net Issuance/Repayment of Debt 3.00 -4.00 1,998.00 -4.00 -4.00 0 -6,000.00 0
   Net Issuance/Repurchase of Equity 5,356.00 0 0 -4.00 0 0 -3,231.51 53,521.74
   Dividends Paid 0 0 0 0 0 0 0 0
   Other Financing Activities 0.00 0 0.00 0.00 0.00 0 0.00 -8,388.00
Net Change in Cash 2,217.00 -62,563.00 -14,540.00 15,835.00 15,498.00 16,304.00 -61,965.20 33,863.85
   Cash at Beginning of Period 14,980.00 77,490.00 92,030.00 75,160.00 73,318.00 40,834.00 89,559.70 1,832.73
   Cash at End of Period 17,736.00 14,980.00 77,490.00 91,483.00 88,816.00 57,138.00 27,594.49 35,696.59
Free Cash Flow -3,143.00 12,395.00 -16,850.00 15,843.00 15,503.00 16,362.00 -23,923.09 -11,269.89