Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -0.25
Price to Sales 60.99
Book Value Per Common Share
Price to Book
Price to Operating Cash Flow -0.46
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 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Price to Earnings 1.19 0.73 1.06 -0.04 -2.02
Price to Sales 5.21 3.90 280.49 36.10 2279.08
Book Value Per Common Share
Price to Book
Price to Operating Cash Flow -0.94 -0.95 -2.95 -0.24 -18.13
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 0.00 0.00 0.00 -2.16
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 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Earning YoY -22.77 -6.91
Revenue YoY 0.00 4794.74 -66.47 50.44 50.44 101.79 -67.06 203.57 50.44 101.79
EBITDA YoY
Net Profit YoY -19.26 -4.26

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 13.74 0.99 1.85 3.27 0.10
Quick Ratio 2.00 2.26 4.82 9.01 1.90
Current Ratio 2.16 2.46 4.89 9.06 1.97
Debt to Equity -1.79 1.13 0.39 0.20 2.24
Long-Term Debt to Equity -1.42 0.26 0.11 0.07 0.61
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Cash Per Common Share 0.82 1.78 2.29 5.84 5.18 0.73 0.99 1.20 1.42 1.63 1.85 2.04 2.43 2.64 2.84 2.77 0.20 0.10
Quick Ratio 1.07 1.96 1.69 2.00 0.90 1.71 2.26 2.61 3.43 3.71 4.82 5.81 8.54 9.01 8.46 5.83 6.56 1.90
Current Ratio 1.22 2.09 1.81 2.16 1.07 1.88 2.46 2.79 3.51 3.80 4.89 5.96 8.64 9.06 8.53 5.89 6.64 1.97
Debt to Equity 1.74 0.89 2.18 -1.79 -5.40 2.06 1.13 0.86 0.61 0.53 0.39 0.31 0.22 0.20 0.21 0.35 0.31 2.24
Long-Term Debt to Equity 0.00 0.00 0.44 -1.42 -1.29 0.44 0.26 0.20 0.15 0.13 0.11 0.09 0.08 0.07 0.07 0.12 0.12 0.61

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -219.03 -83.53 -48.17 -29.13 -125.87
ROE 172.85 -177.55 -66.99 -35.05 -407.40
Gross Margin
Operating Margin -73684.07 -8384.07 -8391.15 -7151.77 -10888.74
EBITDA Margin -73678.76 -8376.99 -8384.96 -7145.58 -10883.12
Net Profit Margin -24192.04 -8384.07 -8391.15 -7151.77 -10890.48
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
ROA 133.51 131.71 112.73 -1528.66 -685.68
ROE 365.52 249.03 358.17 6719.18 -2100.77
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin 595.45 737.46 37701.75 -80353.53 -113385.84

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 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 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 24,962.00 22,683.00 39,372.00 55,478.00 19,986.00
   Current Assets 24,951.00 22,660.00 39,347.00 55,430.00 19,784.00
      Cash and Short-Term Investments 21,338.00 20,821.00 38,757.00 55,070.00 19,025.00
            Cash and Cash Equivalents 21,338.00 20,821.00 38,757.00 55,070.00 19,025.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 1,765.00 18.00 29.00 28.00 37.00
      Inventory 0 0 0 0 0
      Other Current Assets 1,848.00 1,821.00 561.00 332.00 722.00
   Non-Current Assets 11.00 23.00 25.00 48.00 202.00
      Property, Plant, Equipment Net 10.00 22.00 24.00 38.00 52.00
      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 696.00 752.00 809.00 1,002.00 1,068.00
      Other Non-Current Assets -695.00 -751.00 -808.00 -992.00 -918.00
Liabilities 56,592.00 12,011.00 11,063.00 9,358.00 13,811.00
   Current Liabilities 11,533.00 9,220.00 8,046.00 6,115.00 10,021.00
      Payables and Expenses 11,307.00 8,994.00 7,820.00 5,889.00 9,795.00
            Account Payables 8,186.00 5,619.00 3,860.00 2,757.00 4,833.00
            Current Accrued Liabilities 3,121.00 3,375.00 3,960.00 3,132.00 4,962.00
      Short-Term Debt 0 0 0 0 0
      Other Current Liabilities 226.00 226.00 226.00 226.00 226.00
   Non-Current Liabilities 45,059.00 2,791.00 3,017.00 3,243.00 3,790.00
      Long-Term Debt 0 0 0 0 0
      Other Non-Current Liabilities 0 0 0 0 0
Equity -31,630.00 10,672.00 28,309.00 46,120.00 6,175.00
   Shareholders Equity 0 0 0 0 0
      Capital Stock 36.00 210.00 209.00 209.00 1,859.00
      Share Premium 617,530.00 493,116.00 491,816.00 490,644.00 432,858.00
      Retained Earnings -649,154.00 -482,631.00 -463,683.00 -444,719.00 -428,556.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -42.00 -23.00 -33.00 -14.00 14.00
   Minority Interest 0 0 0 0 0
Debt 0 0 0 0 0
Common Shares Outstanding 3,650.73 21,003.41 20,925.99 20,895.56 185,943.27
Preferred Shares Outstanding 7.40 0 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 226.00 226.00 226.00 226.00 231.00
Operating Expenses 142,600.00 20,524.00 19,853.00 16,722.00 25,224.00
   Selling, General and Administrative Expenses 12,289.00 9,094.00 8,447.00 9,425.00 8,326.00
   Research and Development Expenses 365,976.00 11,430.00 11,406.00 7,297.00 16,898.00
   Other Operating Expenses -235,665.00 0.00 0.00 0.00 0.00
Operating Income -142,374.00 -20,298.00 -19,627.00 -16,496.00 -24,993.00
Net Non-Operating Income -24,152.00 1,350.00 663.00 333.00 -160.00
Interest Expense 0.00 0.00 0.00 0.00 0.00
Net Interest 510.00 1,391.00 651.00 0 0
EBT -166,526.00 -18,948.00 -18,964.00 -16,163.00 -25,153.00
Income Tax 0.00 0.00 0.00 0.00 4.00
Net Income Including Non-Controlling Interests 0 -18,948.00 -18,964.00 -16,163.00 -25,157.00
Net Income Non-Controlling Interests 0 0.00 0.00 0.00 0.00
Net Income -54,674.00 -18,948.00 -18,964.00 -16,163.00 -25,157.00
EBIT -166,526.00 -18,948.00 -18,964.00 -16,163.00 -25,153.00
Deprecation and Amortization 12.00 16.00 14.00 14.00 13.00
EBITDA -166,514.00 -18,932.00 -18,950.00 -16,149.00 -25,140.00
EPS -0.04 -0.00 -0.00 -0.00 0
Diluted EPS -0.04 -0.00 -0.00 -0.00 0
Average Shares Outstanding Basic 1,552.68 20,988.86 20,908.24 16,832.20 0
Average Shares Outstanding Diluted 1,552.68 20,988.86 20,908.24 16,832.20 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -29,792.00 -17,932.00 -16,294.00 -19,487.00 -23,075.00
   Operating Net Income -166,523.00 -18,948.00 -18,964.00 -16,163.00 -25,157.00
   Deprecation and Amortization 12.00 16.00 14.00 14.00 13.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 1,390.00 1,301.00 1,172.00 576.00 369.00
   Change in Working Capital -3,025.00 2,197.00 1,926.00 -4,671.00 1,514.00
   Other Operating Activities 138,354.00 -2,498.00 -442.00 757.00 186.00
Investing Cash Flow -3,648.00 -14.00 0 0 -15.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 3,648.00 14.00 0 0 15.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -7,296.00 -28.00 0 0 -30.00
Financing Cash Flow 33,976.00 0 0 55,560.00 19,357.00
   Net Issuance/Repayment of Debt 0 0 0 0 0
   Net Issuance/Repurchase of Equity 33,976.00 0 0 64,060.00 27,857.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 0.00 0 0 -8,500.00 -8,500.00
Net Change in Cash 517.00 -17,936.00 -16,313.00 36,045.00 -3,701.00
   Cash at Beginning of Period 20,821.00 38,757.00 55,070.00 19,025.00 22,726.00
   Cash at End of Period 21,338.00 20,821.00 38,757.00 55,070.00 19,025.00
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 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Assets 12,443.00 15,622.00 19,063.00 24,962.00 8,936.00 18,686.00 22,683.00 27,038.00 30,468.00 35,061.00 39,372.00 43,780.00 51,422.00 55,478.00 59,990.00 44,378.00 48,849.00 19,986.00
   Current Assets 9,625.00 15,370.00 18,856.00 24,951.00 8,923.00 18,671.00 22,660.00 27,011.00 30,450.00 35,039.00 39,347.00 43,751.00 51,377.00 55,430.00 59,936.00 44,193.00 48,650.00 19,784.00
      Cash and Short-Term Investments 6,420.00 13,081.00 15,937.00 21,338.00 5,410.00 16,886.00 20,821.00 25,244.00 29,729.00 34,220.00 38,757.00 42,613.00 50,767.00 55,070.00 59,378.00 43,709.00 48,005.00 19,025.00
            Cash and Cash Equivalents 6,420.00 13,081.00 15,937.00 21,338.00 5,410.00 16,886.00 20,821.00 25,244.00 29,729.00 34,220.00 38,757.00 42,613.00 50,767.00 55,070.00 59,378.00 43,709.00 48,005.00 19,025.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 1,991.00 1,323.00 1,654.00 1,765.00 2,121.00 18.00 18.00 18.00 17.00 17.00 29.00 28.00 27.00 28.00 29.00 27.00 38.00 37.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 1,214.00 966.00 1,265.00 1,848.00 1,392.00 1,767.00 1,821.00 1,749.00 704.00 802.00 561.00 1,110.00 583.00 332.00 529.00 457.00 607.00 722.00
   Non-Current Assets 2,818.00 252.00 207.00 11.00 13.00 15.00 23.00 27.00 18.00 22.00 25.00 29.00 45.00 48.00 54.00 185.00 199.00 202.00
      Property, Plant, Equipment Net 7.00 8.00 9.00 10.00 12.00 14.00 22.00 26.00 17.00 21.00 24.00 28.00 35.00 38.00 42.00 45.00 49.00 52.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 2,571.00 0 0 0 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 0 0 0 0
      Non-Current Deferred Assets 0 0 0 696.00 0 0 752.00 0 0 0 809.00 0 0 1,002.00 0 0 0 1,068.00
      Other Non-Current Assets 240.00 244.00 198.00 -695.00 1.00 1.00 -751.00 1.00 1.00 1.00 -808.00 1.00 10.00 -992.00 12.00 140.00 150.00 -918.00
Liabilities 7,898.00 7,360.00 13,063.00 56,592.00 10,969.00 12,587.00 12,011.00 12,521.00 11,570.00 12,185.00 11,063.00 10,409.00 9,135.00 9,358.00 10,324.00 11,385.00 11,696.00 13,811.00
   Current Liabilities 7,887.00 7,352.00 10,401.00 11,533.00 8,348.00 9,910.00 9,220.00 9,674.00 8,666.00 9,224.00 8,046.00 7,336.00 5,948.00 6,115.00 7,025.00 7,499.00 7,326.00 10,021.00
      Payables and Expenses 7,887.00 7,352.00 10,175.00 11,307.00 8,122.00 9,683.00 8,994.00 9,448.00 8,440.00 8,998.00 7,820.00 7,110.00 5,722.00 5,889.00 6,799.00 7,273.00 7,100.00 9,795.00
            Account Payables 5,105.00 4,759.00 7,656.00 8,186.00 5,472.00 6,174.00 5,619.00 6,148.00 5,071.00 4,896.00 3,860.00 3,760.00 3,122.00 2,757.00 4,050.00 4,290.00 3,988.00 4,833.00
            Current Accrued Liabilities 2,782.00 2,593.00 2,519.00 3,121.00 2,650.00 3,509.00 3,375.00 3,300.00 3,369.00 4,102.00 3,960.00 3,350.00 2,600.00 3,132.00 2,749.00 2,983.00 3,112.00 4,962.00
      Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Liabilities 0.00 0.00 226.00 226.00 226.00 227.00 226.00 226.00 226.00 226.00 226.00 226.00 226.00 226.00 226.00 226.00 226.00 226.00
   Non-Current Liabilities 11.00 8.00 2,662.00 45,059.00 2,621.00 2,677.00 2,791.00 2,847.00 2,904.00 2,961.00 3,017.00 3,073.00 3,187.00 3,243.00 3,299.00 3,886.00 4,370.00 3,790.00
      Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Equity 4,545.00 8,262.00 6,000.00 -31,630.00 -2,033.00 6,099.00 10,672.00 14,517.00 18,898.00 22,876.00 28,309.00 33,371.00 42,287.00 46,120.00 49,666.00 32,993.00 37,153.00 6,175.00
   Shareholders Equity 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Capital Stock 71.00 71.00 50.00 36.00 30.00 253.00 210.00 210.00 210.00 210.00 209.00 209.00 209.00 209.00 209.00 158.00 2,367.00 1,859.00
      Share Premium 637,009.00 636,761.00 633,633.00 617,530.00 617,202.00 505,017.00 493,116.00 492,784.00 492,424.00 492,151.00 491,816.00 491,486.00 490,940.00 490,644.00 490,418.00 470,335.00 468,059.00 432,858.00
      Retained Earnings -632,541.00 -628,579.00 -627,664.00 -649,154.00 -619,232.00 -610,757.00 -482,631.00 -478,447.00 -473,708.00 -469,458.00 -463,683.00 -458,263.00 -448,841.00 -444,719.00 -440,955.00 -437,502.00 -433,271.00 -428,556.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 6.00 9.00 -19.00 -42.00 -33.00 -33.00 -23.00 -30.00 -28.00 -27.00 -33.00 -61.00 -21.00 -14.00 -6.00 2.00 -2.00 14.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Common Shares Outstanding 7,131.15 7,069.15 5,075.39 3,650.73 3,025.55 25,306.51 21,003.41 21,003.41 20,977.62 20,969.56 20,925.99 20,925.99 20,895.56 20,895.56 20,890.56 15,781.04 236,687.39 185,943.27
Preferred Shares Outstanding 6.74 6.74 7.40 7.40 7.44 0 0 0 0 0 0 0 0 0 0 0 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Revenues 2,790.00 2,790.00 57.00 170.00 113.00 -113.00 170.00 113.00 56.00 170.00 56.00 -113.00 170.00 113.00 56.00
Operating Expenses 13,297.00 9,242.00 5,260.00 137,266.00 128,673.00 -12,535.00 16,006.00 10,860.00 6,193.00 14,063.00 4,188.00 -9,191.00 12,903.00 8,856.00 4,154.00
   Selling, General and Administrative Expenses 6,189.00 4,445.00 2,754.00 8,813.00 5,333.00 -4,353.00 7,010.00 4,324.00 2,113.00 6,430.00 2,186.00 -5,210.00 7,351.00 5,067.00 2,217.00
   Research and Development Expenses 12,445.00 7,415.00 3,830.00 245,917.00 245,828.00 -8,182.00 8,996.00 6,536.00 4,080.00 7,633.00 2,002.00 -3,981.00 5,552.00 3,789.00 1,937.00
   Other Operating Expenses -5,337.00 -2,618.00 -1,324.00 -117,464.00 -122,488.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Income -10,507.00 -6,452.00 -5,203.00 -137,096.00 -128,560.00 12,422.00 -15,836.00 -10,747.00 -6,137.00 -13,893.00 -4,132.00 9,078.00 -12,733.00 -8,743.00 -4,098.00
Net Non-Operating Income 0 0 0 0 0 1,350.00 0 0 0 0 0 333.00 0 0 0
Interest Expense 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 Interest 0 0 0 0 0 1,391.00 0 0 0 0 0 0 0 0 0
EBT 0 0 0 0 0 -18,948.00 0 0 0 0 0 -16,163.00 0 0 0
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 0.00 0.00
Net Income Including Non-Controlling Interests 0 0 0 0 0 11,616.00 -14,764.00 -10,025.00 -5,775.00 -13,544.00 -4,122.00 9,897.00 -12,399.00 -8,946.00 -4,715.00
Net Income Non-Controlling Interests 0 0 0 0 0 0.00 0 0 0 0 0 0.00 0 0 0
Net Income 16,613.00 20,575.00 21,490.00 -136,601.00 -128,126.00 -18,948.00 0 0 0 0 0 -16,163.00 0 0 0
EBIT 0 0 0 0 0 -18,948.00 0 0 0 0 0 -16,163.00 0 0 0
Deprecation and Amortization 17.00 2.00 1.00 10.00 8.00 -6.00 12.00 7.00 3.00 10.00 3.00 -6.00 10.00 7.00 3.00
EBITDA 0 0 0 0 0 -18,932.00 0 0 0 0 0 -16,149.00 0 0 0
EPS 0.00 0.00 0.00 -0.13 -0.01 -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 -0.13 -0.01 0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.00 0 0 0
Average Shares Outstanding Basic 7,851.52 7,359.82 6,965.93 1,043.78 23,177.12 21,044.16 20,981.10 20,970.02 20,960.17 20,902.25 20,904.08 16,832.20 0 0 0
Average Shares Outstanding Diluted 8,006.49 7,614.32 7,215.12 1,043.78 23,177.12 21,044.16 20,981.10 20,970.02 20,960.17 20,902.25 20,904.08 16,832.20 0 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Operating Cash Flow -15,427.00 -11,416.00 -5,437.00 -25,752.00 -14,276.00 9,146.00 -13,502.00 -9,033.00 -4,543.00 -12,410.00 -4,296.00 13,338.00 -15,222.00 -10,955.00 -6,648.00
   Operating Net Income 16,613.00 20,575.00 21,490.00 -136,601.00 -128,126.00 11,616.00 -14,764.00 -10,025.00 -5,775.00 -13,544.00 -4,122.00 9,897.00 -12,399.00 -8,946.00 -4,715.00
   Deprecation and Amortization 17.00 2.00 1.00 10.00 8.00 -6.00 12.00 7.00 3.00 10.00 3.00 -6.00 10.00 7.00 3.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 401.00 266.00 161.00 1,056.00 713.00 -613.00 969.00 609.00 336.00 842.00 296.00 71.00 315.00 125.00 65.00
   Change in Working Capital -6,618.00 -8,248.00 -1,952.00 -4,333.00 -4,443.00 -2,427.00 2,635.00 638.00 1,351.00 1,820.00 27.00 4,619.00 -3,505.00 -2,920.00 -2,865.00
   Other Operating Activities -25,840.00 -24,011.00 -25,137.00 114,116.00 117,572.00 576.00 -2,354.00 -262.00 -458.00 -1,538.00 -500.00 -1,243.00 357.00 779.00 864.00
Investing Cash Flow -2,585.00 0 0 -3,648.00 -3,648.00 0.00 -14.00 0 0 0 0 0 0 0 0
   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
   Net Purchase/Sale of PPE 2,585.00 0 0 3,648.00 3,648.00 0.00 14.00 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -5,170.00 0 0 -7,296.00 -7,296.00 0.00 -28.00 0 0 0 0 0 0 0 0
Financing Cash Flow 3,046.00 3,108.00 13.00 13,999.00 13,999.00 0 0 0 0 0 0 -71,330.00 55,595.00 35,651.00 35,644.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 6,781.00 6,552.00 251.00 13,999.00 13,999.00 0 0 0 0 0 0 -88,330.00 64,095.00 44,151.00 44,144.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -3,735.00 -3,444.00 -238.00 0.00 0.00 0 0 0 0 0 0 17,000.00 -8,500.00 -8,500.00 -8,500.00
Net Change in Cash -14,918.00 -8,257.00 -5,401.00 -15,411.00 -3,935.00 9,142.00 -13,513.00 -9,028.00 -4,537.00 -12,457.00 -4,303.00 -57,972.00 40,353.00 24,684.00 28,980.00
   Cash at Beginning of Period 21,338.00 21,338.00 21,338.00 20,821.00 20,821.00 11,679.00 38,757.00 38,757.00 38,757.00 55,070.00 55,070.00 113,042.00 19,025.00 19,025.00 19,025.00
   Cash at End of Period 6,420.00 13,081.00 15,937.00 5,410.00 16,886.00 20,821.00 25,244.00 29,729.00 34,220.00 42,613.00 50,767.00 55,070.00 59,378.00 43,709.00 48,005.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0