Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -7.96 -156.05
Price to Sales 4.60 58.90 31.63 57.19 1350.47
Book Value Per Common Share -1.14 0.52 0.49 0.99 0.43
Price to Book -49.65 254.78 155.54 167.52 3042.02
Price to Operating Cash Flow -31.57 -1360.93 -178.74 -81.11 -8185.93
Price to Free Cash Flow -30.80 -1348.44 -178.61 -81.01 -8175.66
Enterprise Value to EBITDA 22749903.74
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2023-12-31 2022-12-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Price to Earnings -2.25 -27.80 481.50 -100.21 -127.66 -405.43
Price to Sales 0.66 18.66 13.45 16.82 73.23 222.09 311.32 5626.89 7994.69
Book Value Per Common Share -0.69 -0.13 -0.17 -1.14 3.15 3.62 0.52 0.49 0.57 0.99 1.37 0.19 0.29 0.43
Price to Book -15.75 -170.23 -226.06 -49.65 16.54 49.72 254.78 155.54 269.39 167.52 355.65 5188.02 5036.93 3042.02
Price to Operating Cash Flow -1.52 -42.78 -23.42 -605.93 -4829.53 -323.65 -9583.97 -11940.29
Price to Free Cash Flow -1.52 -42.78 -23.42 -455.91 -4814.44
Enterprise Value to EBITDA 1405371.77

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY -37.75 34.09 27.96 -14.72
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2023-12-31 2022-12-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Earning YoY
Revenue YoY 44.90 -33.08 11.31 30.44 -13.14 -16.78 20.84 -2.34
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 1.13 0.23 0.46 0.60 0.33
Quick Ratio 0.39 1.11 1.18 1.16 1.31
Current Ratio 0.74 1.36 1.36 1.70 2.23
Debt to Equity -7.97 1.51 1.68 1.21 0.77
Long-Term Debt to Equity -0.30 0.07 0.08 0.08 0.05
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2023-12-31 2022-12-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Cash Per Common Share 2.17 0.21 0.36 1.07 1.87 2.05 0.22 0.32 0.56 0.60 1.10 0.10 0.21 0.33
Quick Ratio 0.40 0.34 0.39 0.39 0.60 0.84 1.11 1.18 0.97 1.16 0.65 0.67 0.99 1.31
Current Ratio 0.78 0.76 0.78 0.74 1.05 1.21 1.36 1.36 1.31 1.70 1.35 1.39 1.82 2.23
Debt to Equity -58.37 -28.05 -34.33 -7.97 2.20 1.63 1.51 1.68 2.57 1.21 2.02 2.15 1.10 0.77
Long-Term Debt to Equity -2.94 -1.31 -2.19 -0.30 0.11 0.09 0.07 0.08 0.22 0.08 0.11 0.11 0.07 0.05

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -84.67 -0.16 -26.24 -94.01 -59.49
ROE 590.32 -0.40 -70.28 -207.34 -105.36
Gross Margin 17.02 20.64 16.65 11.75 23.77
Operating Margin -57.29 0.32 -19.77 -70.48 -46.40
EBITDA Margin -51.19 2.68 -16.37 -66.58 -42.14
Net Profit Margin -57.73 -0.10 -20.17 -70.78 -46.77
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2023-12-31 2022-12-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
ROA -11.82 -20.72 1.27 -5.11 -14.42 -18.35 -28.64 -16.36 -22.78
ROE 678.03 560.34 -42.45 -16.37 -37.86 -65.44 -86.51 -51.58 -47.76
Gross Margin 11.20 7.55 49.97 28.17 25.78 11.53 12.35 22.20 20.12
Operating Margin -25.54 -62.08 4.07 -15.94 -56.98 -53.59 -75.11 -55.30 -75.32
EBITDA Margin -19.67 -54.96 10.38 -9.83 -52.16 -67.21 -51.19 -70.79
Net Profit Margin -29.31 -66.80 2.74 -16.72 -57.45 -54.40 -75.73 -55.93 -75.82

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 2023-12-31 2022-12-31 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 39,739.00 56,043.00 53,686.00 41,090.00 50,312.00
   Current Assets 32,165.00 43,787.00 43,632.00 35,687.00 45,571.00
   Deposits 2,697.00 197.00 0 1,041.00 1,133.00
      Cash and Short-Term Investments 5,343.00 9,397.00 13,213.00 11,233.00 22,141.00
            Cash and Cash Equivalents 5,343.00 9,397.00 13,213.00 11,233.00 22,141.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 11,639.00 26,265.00 24,702.00 13,058.00 4,605.00
      Inventory 10,621.00 6,517.00 3,910.00 5,544.00 11,344.00
      Other Current Assets 4,562.00 1,608.00 1,807.00 5,852.00 7,481.00
   Non-Current Assets 7,574.00 12,256.00 10,054.00 5,403.00 4,741.00
      Property, Plant, Equipment Net 227.00 126.00 234.00 534.00 843.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 7,347.00 12,130.00 9,820.00 4,869.00 3,898.00
Liabilities 45,439.00 33,675.00 33,641.00 22,460.00 21,902.00
   Current Liabilities 43,740.00 32,147.00 32,062.00 20,985.00 20,474.00
      Payables and Expenses 43,740.00 32,080.00 31,818.00 20,826.00 20,292.00
            Account Payables 22,848.00 19,847.00 21,126.00 9,473.00 8,856.00
            Current Accrued Liabilities 20,892.00 12,233.00 10,692.00 11,353.00 11,436.00
      Short-Term Debt 0 55.00 213.00 148.00 177.00
      Other Current Liabilities 0.00 12.00 31.00 11.00 5.00
   Non-Current Liabilities 1,699.00 1,528.00 1,579.00 1,475.00 1,428.00
      Long-Term Debt 0 0 0 66.00 185.00
      Other Non-Current Liabilities 0 0 0 1,409.00 1,243.00
Equity -5,700.00 22,368.00 20,045.00 18,630.00 28,410.00
   Shareholders Equity -5,700.00 22,368.00 20,045.00 18,630.00 28,410.00
      Capital Stock 5.00 43.00 41.00 19.00 66.00
      Share Premium 277,903.00 272,285.00 269,874.00 253,416.00 224,522.00
      Retained Earnings -283,608.00 -249,960.00 -249,870.00 -234,805.00 -196,178.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0
   Minority Interest 0 0 0 0 0
Investments 0 25,576.00 22,239.00 11,735.00 0
Debt 0 55.00 213.00 214.00 362.00
Common Shares Outstanding 4,983.87 43,081.08 40,774.69 18,808.88 66,310.87
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 58,290.00 93,632.00 69,828.00 54,570.00 63,992.00
Cost Of Revenue 48,370.00 74,308.00 58,205.00 48,156.00 48,781.00
Gross Profit 9,920.00 19,324.00 11,623.00 6,414.00 15,211.00
Operating Expenses 43,559.00 18,811.00 25,913.00 44,415.00 44,471.00
   Selling, General and Administrative Expenses 38,308.00 17,039.00 16,886.00 19,850.00 20,245.00
   Research and Development Expenses 14,235.00 1,772.00 7,973.00 17,696.00 16,218.00
   Other Operating Expenses -8,984.00 0.00 1,054.00 6,869.00 8,008.00
Operating Income -33,639.00 513.00 -14,290.00 -38,001.00 -29,260.00
Net Non-Operating Income 217.00 -229.00 387.00 -459.00 -1,193.00
Interest Income 0 0 0.00 0 0
Interest Expense 29.00 15.00 97.00 0.00 759.00
Net Interest -29.00 -15.00 -97.00 0 -759.00
EBT -33,422.00 284.00 -13,903.00 -38,460.00 -30,453.00
Income Tax 226.00 374.00 184.00 167.00 521.00
Net Income -33,648.00 -90.00 -14,087.00 -38,627.00 -29,932.00
EBIT -33,393.00 299.00 -13,806.00 -38,460.00 -29,694.00
Deprecation and Amortization 3,557.00 2,206.00 2,375.00 2,129.00 2,728.00
EBITDA -29,836.00 2,505.00 -11,431.00 -36,331.00 -26,966.00
EPS -0.01 0 -0.00 0 0
Diluted EPS -0.01 0 0 0 0
Average Shares Outstanding Basic 4,718.14 41,689.39 28,889.11 0 0
Average Shares Outstanding Diluted 4,718.14 41,689.39 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -8,486.00 -4,052.00 -12,360.00 -38,476.00 -10,560.00
   Operating Net Income -33,648.00 -90.00 -14,087.00 -38,627.00 -29,932.00
   Deprecation and Amortization 3,557.00 2,206.00 2,375.00 2,129.00 2,728.00
   Deferred Income Tax -10.00 66.00 -143.00 -35.00 21.00
   Share Based Compensation 1,525.00 1,496.00 1,551.00 1,085.00 1,087.00
   Change in Working Capital 23,599.00 -5,073.00 4,920.00 -3,497.00 14,038.00
   Other Operating Activities -3,509.00 -2,657.00 -6,976.00 469.00 1,498.00
Investing Cash Flow -214.00 -36.00 -8.00 -46.00 -11.00
   Capital Expenditure -214.00 -36.00 -8.00 -46.00 -11.00
   Net Purchase/Sale of PPE -214.00 -36.00 -8.00 -46.00 -11.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 214.00 36.00 8.00 46.00 11.00
Financing Cash Flow 4,646.00 272.00 14,348.00 27,614.00 21,414.00
   Net Issuance/Repayment of Debt 591.00 -147.00 -67.00 -148.00 -4,146.00
   Net Issuance/Repurchase of Equity 4,055.00 419.00 14,415.00 27,762.00 25,566.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 0.00 0.00 0.00 0.00 -6.00
Net Change in Cash -4,054.00 -3,816.00 1,980.00 -10,908.00 10,843.00
   Cash at Beginning of Period 9,397.00 13,213.00 11,233.00 22,141.00 11,298.00
   Cash at End of Period 5,343.00 9,397.00 13,213.00 11,233.00 22,141.00
Free Cash Flow -8,700.00 -4,088.00 -12,368.00 -38,522.00 -10,571.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2023-12-31 2022-12-31 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Assets 40,219.00 36,078.00 35,958.00 39,739.00 49,147.00 45,871.00 56,043.00 53,686.00 39,295.00 41,090.00 38,192.00 40,873.00 40,746.00 50,312.00
   Current Assets 30,301.00 27,123.00 26,935.00 32,165.00 33,864.00 32,585.00 43,787.00 43,632.00 33,815.00 35,687.00 32,599.00 36,968.00 36,263.00 45,571.00
   Deposits 0 0 0 2,697.00 0 0 197.00 0 0 1,041.00 0 0 0 1,133.00
      Cash and Short-Term Investments 2,137.00 2,006.00 2,115.00 5,343.00 9,060.00 9,600.00 9,397.00 13,213.00 10,630.00 11,233.00 10,187.00 6,896.00 13,912.00 22,141.00
            Cash and Cash Equivalents 2,137.00 2,006.00 2,115.00 5,343.00 9,060.00 9,600.00 9,397.00 13,213.00 10,630.00 11,233.00 10,187.00 6,896.00 13,912.00 22,141.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 13,339.00 10,018.00 11,482.00 11,639.00 10,206.00 12,979.00 26,265.00 24,702.00 14,408.00 13,058.00 5,643.00 10,746.00 5,834.00 4,605.00
      Inventory 10,986.00 9,889.00 8,620.00 10,621.00 12,374.00 7,020.00 6,517.00 3,910.00 5,220.00 5,544.00 9,906.00 11,910.00 10,556.00 11,344.00
      Other Current Assets 3,839.00 5,210.00 4,718.00 4,562.00 2,224.00 2,986.00 1,608.00 1,807.00 3,557.00 5,852.00 6,863.00 7,416.00 5,961.00 7,481.00
   Non-Current Assets 9,918.00 8,955.00 9,023.00 7,574.00 15,283.00 13,286.00 12,256.00 10,054.00 5,480.00 5,403.00 5,593.00 3,905.00 4,483.00 4,741.00
      Property, Plant, Equipment Net 140.00 161.00 188.00 227.00 239.00 120.00 126.00 234.00 1,203.00 534.00 570.00 645.00 749.00 843.00
      Goodwill 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
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 9,053.00 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 725.00 0 0 7,347.00 0 13,166.00 12,130.00 9,820.00 4,277.00 4,869.00 5,023.00 3,260.00 3,734.00 3,898.00
Liabilities 40,920.00 37,412.00 37,037.00 45,439.00 33,798.00 28,397.00 33,675.00 33,641.00 28,274.00 22,460.00 25,547.00 27,911.00 21,315.00 21,902.00
   Current Liabilities 38,856.00 35,662.00 34,677.00 43,740.00 32,184.00 26,890.00 32,147.00 32,062.00 25,801.00 20,985.00 24,190.00 26,531.00 19,911.00 20,474.00
      Payables and Expenses 26,939.00 25,341.00 25,033.00 43,740.00 19,421.00 26,878.00 32,080.00 31,818.00 24,712.00 20,826.00 24,013.00 25,482.00 19,734.00 20,292.00
            Account Payables 20,408.00 20,583.00 17,294.00 22,848.00 9,056.00 9,164.00 19,847.00 21,126.00 13,439.00 9,473.00 12,563.00 16,268.00 11,194.00 8,856.00
            Current Accrued Liabilities 6,531.00 4,758.00 7,739.00 20,892.00 10,365.00 17,714.00 12,233.00 10,692.00 11,273.00 11,353.00 11,450.00 9,214.00 8,540.00 11,436.00
      Short-Term Debt 4,817.00 2,916.00 2,265.00 0 0 0 55.00 213.00 917.00 148.00 177.00 177.00 177.00 177.00
      Other Current Liabilities 7,100.00 7,405.00 7,379.00 0.00 0 12.00 12.00 31.00 172.00 11.00 0.00 872.00 0.00 5.00
   Non-Current Liabilities 2,064.00 1,750.00 2,360.00 1,699.00 1,614.00 1,507.00 1,528.00 1,579.00 2,473.00 1,475.00 1,357.00 1,380.00 1,404.00 1,428.00
      Long-Term Debt 250.00 0 566.00 0 0 0 0 0 1,038.00 66.00 74.00 111.00 148.00 185.00
      Other Non-Current Liabilities 1,814.00 0 1,794.00 0 0 0 0 0 1,435.00 1,409.00 1,283.00 1,269.00 1,256.00 1,243.00
Equity -701.00 -1,334.00 -1,079.00 -5,700.00 15,349.00 17,474.00 22,368.00 20,045.00 11,021.00 18,630.00 12,645.00 12,962.00 19,431.00 28,410.00
   Shareholders Equity -701.00 -1,334.00 -1,079.00 -5,700.00 15,349.00 17,474.00 22,368.00 20,045.00 11,021.00 18,630.00 12,645.00 12,962.00 19,431.00 28,410.00
      Capital Stock 1.00 10.00 6.00 5.00 5.00 5.00 43.00 41.00 19.00 19.00 9.00 67.00 66.00 66.00
      Share Premium 294,676.00 289,281.00 282,065.00 277,903.00 277,338.00 276,951.00 272,285.00 269,874.00 253,997.00 253,416.00 235,719.00 225,039.00 224,823.00 224,522.00
      Retained Earnings -295,378.00 -290,625.00 -283,150.00 -283,608.00 -261,994.00 -259,482.00 -249,960.00 -249,870.00 -242,995.00 -234,805.00 -223,083.00 -212,144.00 -205,458.00 -196,178.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 11,053.00 25,576.00 22,239.00 11,357.00 11,735.00 3,548.00 6,328.00 0 0
Debt 5,067.00 2,916.00 2,831.00 0 0 0 55.00 213.00 1,955.00 214.00 251.00 288.00 325.00 362.00
Net Debt 2,930.00 910.00 716.00 0 0 0 0 0 0 0 0 0 0 0
Common Shares Outstanding 1,015.65 10,338.91 6,333.66 4,983.87 4,871.64 4,827.09 43,081.08 40,774.69 19,269.34 18,808.88 9,253.24 66,953.31 66,317.95 66,310.87
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Revenues 16,214.00 11,190.00 16,721.00 15,022.00 11,516.00 13,258.00 15,931.00 14,445.00 11,954.00 12,240.00
Cost Of Revenue 14,398.00 10,345.00 8,365.00 10,790.00 8,547.00 11,730.00 16,418.00 12,661.00 9,300.00 9,777.00
Interest Expense 522.00 389.00 91.00 0 17.00 39.00 0.00 0.00 0.00 0.00
Net Interest 0 0 0 0 -17.00 -39.00 0 0 0 0
Non-Interest Expense 5,615.00 6,668.00 6,078.00 5,893.00 0 0 0 0 0 0
Gross Profit 1,816.00 845.00 8,356.00 4,232.00 2,969.00 1,528.00 -487.00 1,784.00 2,654.00 2,463.00
Operating Expenses 5,796.00 7,577.00 7,711.00 6,608.00 9,439.00 8,610.00 11,255.00 12,507.00 9,140.00 11,513.00
   Selling, General and Administrative Expenses 5,615.00 6,668.00 6,078.00 5,893.00 5,665.00 4,381.00 4,792.00 6,048.00 4,567.00 4,443.00
   Research and Development Expenses 181.00 909.00 1,633.00 715.00 557.00 4,168.00 3,870.00 5,492.00 3,670.00 4,664.00
   Other Operating Expenses 0 0 0 0 3,217.00 61.00 2,593.00 967.00 903.00 2,406.00
Operating Income -3,980.00 -6,732.00 645.00 -2,376.00 -6,470.00 -7,082.00 -11,742.00 -10,723.00 -6,486.00 -9,050.00
Net Non-Operating Income -161.00 -215.00 36.00 -19.00 -109.00 -62.00 -40.00 -126.00 -124.00 -169.00
EBT -4,663.00 -7,336.00 590.00 -2,395.00 -6,579.00 -7,144.00 -11,782.00 -10,849.00 -6,610.00 -9,219.00
Income Tax 90.00 139.00 132.00 117.00 37.00 68.00 -60.00 90.00 76.00 61.00
Net Income Including Non-Controlling Interests -4,753.00 -7,475.00 458.00 -2,512.00 0 0 0 0 0 0
Net Income -4,753.00 -7,475.00 458.00 -2,512.00 -6,616.00 -7,212.00 -11,722.00 -10,939.00 -6,686.00 -9,280.00
EBIT -4,141.00 -6,947.00 681.00 -2,395.00 -6,562.00 -7,105.00 -11,782.00 -10,849.00 -6,610.00 -9,219.00
Deprecation and Amortization 952.00 797.00 1,055.00 918.00 0.00 190.00 -56.00 1,140.00 491.00 554.00
EBITDA -3,189.00 -6,150.00 1,736.00 -1,477.00 0 -6,915.00 -11,838.00 -9,709.00 -6,119.00 -8,665.00
EPS -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 -0.00 -0.00 0.00 0 0 0
Average Shares Outstanding Basic 984.93 9,510.60 5,839.76 4,849.00 4,685.35 19,111.38 0.00 0 0 0
Average Shares Outstanding Diluted 984.93 9,510.60 5,868.43 4,849.00 4,685.35 19,111.38 0.00 0 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Operating Cash Flow -7,034.00 -4,882.00 -9,606.00 -417.00 0 -609.00 -9,367.00 -13,895.00 -7,017.00 -8,197.00
   Operating Net Income -4,753.00 -7,475.00 458.00 -2,512.00 -6,616.00 -7,212.00 -2,442.00 -20,219.00 -6,686.00 -9,280.00
   Deprecation and Amortization 952.00 797.00 1,055.00 918.00 0 190.00 -56.00 1,140.00 491.00 554.00
   Deferred Income Tax 0 0 0 0 0 0 -23.00 -7.00 -2.00 -3.00
   Share Based Compensation 166.00 926.00 290.00 373.00 472.00 283.00 29.00 581.00 179.00 296.00
   Change in Working Capital -3,539.00 -87.00 -6,082.00 -364.00 0 8,111.00 -9,208.00 2,234.00 3,259.00 218.00
   Other Operating Activities 140.00 957.00 -5,327.00 1,168.00 0 -1,981.00 2,333.00 2,376.00 -4,258.00 18.00
Investing Cash Flow 0 0 0 -137.00 0 -3.00 -26.00 -20.00 0.00 0
   Capital Expenditure 0 0 0 0 0.00 -3.00 -46.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 0 0 0 -137.00 0 -3.00 -26.00 -20.00 0.00 0
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0.00 0.00 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0.00 0.00 0
   Net Loan & Lease Activity 0 0 0 0 0
   Other Investing Activities 0 0 0 0.00 0 3.00 46.00 0.00 0.00 0
Financing Cash Flow 7,165.00 4,773.00 6,378.00 14.00 0 9.00 18,668.00 8,977.00 1.00 -32.00
   Net Issuance/Repayment of Debt 0 -642.00 51.00 0 0 0 0.00 -74.00 -37.00 -37.00
   Net Issuance/Repurchase of Equity 7,165.00 5,415.00 6,327.00 14.00 0 45.00 18,668.00 9,051.00 38.00 5.00
   Dividends Paid 0 0 0 0 0 0 0 0.00 0.00 0
   Other Financing Activities 0.00 0.00 0.00 0.00 0 -36.00 0.00 0.00 0.00 0.00
Net Change in Cash 131.00 -109.00 -3,228.00 -540.00 0 -603.00 9,275.00 -4,938.00 -7,016.00 -8,229.00
   Cash at Beginning of Period 2,006.00 2,115.00 5,343.00 9,600.00 0 11,233.00 1,958.00 15,125.00 13,912.00 22,141.00
   Cash at End of Period 2,137.00 2,006.00 2,115.00 9,060.00 9,600.00 10,630.00 11,233.00 10,187.00 6,896.00 13,912.00
Free Cash Flow -7,034.00 -4,882.00 -9,606.00 -554.00 0 -612.00 -38,522.00 0.00 0.00 0