VANI
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -2.70 | ||||
| Price to Sales | |||||
| Book Value Per Common Share | 0.30 | 406.83 | 0.87 | 1734.76 | -0.06 |
| Price to Book | 3.90 | 0.00 | 0.97 | ||
| Price to Operating Cash Flow | 0.00 | 0.00 | -2.29 | ||
| 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 | -4.15 | -5.61 | -9.55 | -3.66 | -6.00 | 15.42 | -2.62 | -4.84 | -8.33 | -12.67 | ||||||||||
| Price to Sales | ||||||||||||||||||||
| Book Value Per Common Share | 0.02 | 0.08 | 0.20 | 0.30 | 0.33 | 0.43 | 522.21 | 406.83 | 513.61 | 637.69 | 755.44 | 0.87 | 1012.30 | 1600.09 | 1678.63 | 1734.76 | 3.00 | 1.83 | 0.75 | -0.06 |
| Price to Book | 66.20 | 15.56 | 5.35 | 3.90 | 3.53 | 2.92 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.97 | 0.00 | |||||||
| Price to Operating Cash Flow | -4.76 | -6.79 | -12.04 | -4.23 | -7.25 | -21.41 | 0.00 | 0.00 | -0.01 | -0.01 | ||||||||||
| 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 | |||||
| EBITDA YoY | |||||
| Net Profit YoY | 4.93 | -28.27 |
| 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 | -99.90 | 0.00 | |||||||||||||||||
| EBITDA YoY | ||||||||||||||||||||
| Net Profit YoY | 52.43 | 87.27 | -90.69 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 333.79 | 404.73 | 0.89 | 1765.92 | 0.14 |
| Quick Ratio | 0.64 | ||||
| Current Ratio | 3.42 | 4.03 | 6.97 | 28.64 | 0.83 |
| Debt to Equity | 0.40 | 0.38 | 0.15 | 0.04 | 0.30 |
| Long-Term Debt to Equity | 0.30 | 0.29 | 0.00 | 0.00 | 0.00 |
| 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 | 0.04 | 0.11 | 0.22 | 0.31 | 0.36 | 0.46 | 0.57 | 404.73 | 486.45 | 639.50 | 749.63 | 0.89 | 1370.49 | 1430.56 | 1512.32 | 1765.92 | 3.10 | 1.87 | 0.96 | 0.14 |
| Quick Ratio | 20.21 | 3.88 | 0.64 | |||||||||||||||||
| Current Ratio | 0.61 | 1.30 | 2.40 | 3.42 | 3.41 | 4.55 | 5.13 | 4.03 | 4.13 | 5.11 | 6.94 | 6.97 | 9.69 | 22.15 | 25.25 | 28.64 | 18.68 | 20.61 | 3.98 | 0.83 |
| Debt to Equity | 0.88 | 0.70 | 0.50 | 0.40 | 0.40 | 0.34 | 0.30 | 0.38 | 1.03 | 0.84 | 0.16 | 0.15 | 0.11 | 0.04 | 0.04 | 0.04 | 0.06 | 0.04 | 0.09 | 0.30 |
| Long-Term Debt to Equity | 0.63 | 0.50 | 0.37 | 0.30 | 0.30 | 0.26 | 0.23 | 0.29 | 0.75 | 0.62 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | 25.50 | 22.15 | 55.31 | -12.58 | -66.25 |
| ROE | 35.75 | 30.48 | 63.81 | -13.04 | -85.87 |
| Gross Margin | |||||
| Operating Margin | |||||
| EBITDA Margin | |||||
| Net Profit Margin |
| 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 | -4.14 | -2.39 | -0.98 | 18.29 | 10.68 | 5.11 | -36.74 | -21.51 | -14.14 | 36.06 | -8.04 | -3.22 | -10.37 | -4.99 | -3.15 | |||||
| ROE | -7.77 | -4.06 | -1.47 | 25.63 | 14.30 | 6.66 | -74.60 | -39.53 | -16.42 | 40.03 | -8.37 | -3.34 | -10.97 | -5.18 | -3.43 | |||||
| Gross Margin | ||||||||||||||||||||
| Operating Margin | ||||||||||||||||||||
| EBITDA Margin | ||||||||||||||||||||
| Net Profit Margin | -330.50 | -138.25 | -477375.00 | -321.06 | -177.69 |
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 | 83,533.00 | 91,646.00 | 51,170.00 | 70,909.00 | 22,460.00 |
| Current Assets | 20,442.00 | 23,062.00 | 47,528.00 | 70,507.00 | 4,269.00 |
| Cash and Short-Term Investments | 18,352.00 | 20,654.00 | 45,076.00 | 69,593.00 | 3,177.00 |
| Cash and Cash Equivalents | 18,352.00 | 20,654.00 | 45,076.00 | 69,593.00 | 3,177.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 0 | 0 | 0 | 0 | 117.00 |
| Inventory | 0 | 0 | 0 | 0 | 295.00 |
| Other Current Assets | 2,090.00 | 2,408.00 | 2,452.00 | 914.00 | 680.00 |
| Non-Current Assets | 63,091.00 | 68,584.00 | 3,642.00 | 402.00 | 18,191.00 |
| Property, Plant, Equipment Net | 19,650.00 | 21,345.00 | 1,961.00 | 2,645.00 | 2,474.00 |
| 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 | 6,722.00 | 5,120.00 | 0 | 0 | 0 |
| Other Non-Current Assets | 36,719.00 | 42,119.00 | 1,681.00 | -2,243.00 | 15,717.00 |
| Liabilities | 23,951.00 | 25,036.00 | 6,822.00 | 2,514.00 | 5,132.00 |
| Current Liabilities | 5,986.00 | 5,723.00 | 6,822.00 | 2,462.00 | 5,132.00 |
| Payables and Expenses | 2,963.00 | 2,665.00 | 4,192.00 | 1,815.00 | 1,534.00 |
| Account Payables | 817.00 | 542.00 | 1,177.00 | 519.00 | 486.00 |
| Current Accrued Liabilities | 2,146.00 | 2,123.00 | 3,015.00 | 1,296.00 | 1,048.00 |
| Short-Term Debt | 1,348.00 | 1,383.00 | 955.00 | 185.00 | 2,200.00 |
| Other Current Liabilities | 1,675.00 | 1,675.00 | 1,675.00 | 462.00 | 1,398.00 |
| Non-Current Liabilities | 17,965.00 | 19,313.00 | 0.00 | 52.00 | 0.00 |
| Long-Term Debt | 17,965.00 | 19,313.00 | 0 | 52.00 | 0 |
| Other Non-Current Liabilities | 0.00 | 0.00 | 0 | 0.00 | 0 |
| Equity | 59,582.00 | 66,610.00 | 44,348.00 | 68,395.00 | 17,328.00 |
| Shareholders Equity | 17,610.00 | 20,761.00 | 44,308.00 | 68,365.00 | -1,344.00 |
| Capital Stock | 6.00 | 5.00 | 109,050.00 | 347,940.00 | 270,126.00 |
| Share Premium | 139,480.00 | 119,054.00 | 8,009.00 | 49,389.00 | 49,314.00 |
| Retained Earnings | -121,924.00 | -98,438.00 | -72,786.00 | -328,585.00 | -319,664.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 48.00 | 140.00 | 35.00 | -379.00 | -448.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 117.00 |
| Debt | 19,313.00 | 20,696.00 | 955.00 | 237.00 | 2,200.00 |
| Net Debt | 961.00 | 42.00 | 0 | 0 | 0 |
| Common Shares Outstanding | 59,235.00 | 51.03 | 50,736.00 | 39.41 | 23,214.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cost Of Revenue | 0 | 0 | 0 | 130.00 | 501.00 |
| Gross Profit | 0 | 0 | 0 | 130.00 | 500.00 |
| Operating Expenses | 49,377.00 | 53,965.00 | 21,241.00 | 9,063.00 | 15,396.00 |
| Selling, General and Administrative Expenses | 8,932.00 | 9,997.00 | 7,072.00 | 6,315.00 | 6,644.00 |
| Research and Development Expenses | 15,745.00 | 16,968.00 | 14,169.00 | 2,370.00 | 4,836.00 |
| Other Operating Expenses | 24,700.00 | 27,000.00 | 0.00 | 378.00 | 3,916.00 |
| Operating Income | -24,677.00 | -26,965.00 | -21,241.00 | -8,933.00 | -14,896.00 |
| Interest Income | 0 | 0 | 475.00 | 12.00 | 16.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBT | 0 | 0 | 0 | 0 | 0 |
| Income Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 21,300.00 | 20,300.00 | 28,300.00 | -8,921.00 | -14,880.00 |
| Deprecation and Amortization | 676.00 | 357.00 | 381.00 | 70.00 | 164.00 |
| EPS | -0.00 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.00 | 0 | 0 | 0 | 0 |
| Average Shares Outstanding Basic | 54.98 | 0 | 0 | 0 | 0 |
| Average Shares Outstanding Diluted | 54.98 | 0 | 0 | 0 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | -20,786.00 | -23,699.00 | -18,787.00 | -9,188.00 | -16,822.00 |
| Operating Net Income | -46,958.00 | -25,604.00 | 522.00 | -8,921.00 | -14,880.00 |
| Deprecation and Amortization | 676.00 | 357.00 | 381.00 | 70.00 | 164.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 1,610.00 | 1,864.00 | 1,296.00 | 75.00 | 421.00 |
| Change in Working Capital | -375.00 | -1,821.00 | 1,290.00 | -156.00 | -4,511.00 |
| Other Operating Activities | 24,261.00 | 1,505.00 | -22,276.00 | -256.00 | 1,984.00 |
| Investing Cash Flow | -556.00 | -887.00 | -338.00 | -14.00 | 68.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 556.00 | 887.00 | 338.00 | 14.00 | 330.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -1,112.00 | -1,774.00 | -676.00 | -28.00 | -262.00 |
| Financing Cash Flow | 19,054.00 | 133.00 | 63,390.00 | 75,616.00 | 8,598.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | -2,200.00 | 2,200.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 19,054.00 | 133.00 | 63,390.00 | 77,816.00 | 6,398.00 |
| Net Change in Cash | -2,302.00 | -24,450.00 | 44,264.00 | 66,416.00 | -8,150.00 |
| Cash at Beginning of Period | 21,992.00 | 46,442.00 | 2,178.00 | 0 | 0 |
| Cash at End of Period | 19,690.00 | 21,992.00 | 46,442.00 | 0 | 0 |
| 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 | 50,776.00 | 58,471.00 | 71,435.00 | 83,533.00 | 85,823.00 | 96,450.00 | 107,614.00 | 91,646.00 | 53,419.00 | 59,707.00 | 44,680.00 | 51,170.00 | 57,122.00 | 65,749.00 | 68,638.00 | 70,909.00 | 73,662.00 | 102,916.00 | 90,145.00 | 22,460.00 |
| Current Assets | 4,175.00 | 8,715.00 | 14,850.00 | 20,442.00 | 21,399.00 | 26,337.00 | 31,502.00 | 23,062.00 | 30,682.00 | 36,222.00 | 40,684.00 | 47,528.00 | 54,463.00 | 57,389.00 | 60,217.00 | 70,507.00 | 73,221.00 | 75,438.00 | 27,621.00 | 4,269.00 |
| Cash and Short-Term Investments | 2,628.00 | 6,794.00 | 13,008.00 | 18,352.00 | 19,646.00 | 24,919.00 | 29,648.00 | 20,654.00 | 24,821.00 | 32,486.00 | 38,073.00 | 45,076.00 | 51,684.00 | 56,377.00 | 59,599.00 | 69,593.00 | 72,028.00 | 73,845.00 | 26,862.00 | 3,177.00 |
| Cash and Cash Equivalents | 2,628.00 | 6,794.00 | 13,008.00 | 18,352.00 | 19,646.00 | 24,919.00 | 29,648.00 | 20,654.00 | 24,821.00 | 32,486.00 | 38,073.00 | 45,076.00 | 51,684.00 | 56,377.00 | 59,599.00 | 69,593.00 | 72,028.00 | 73,845.00 | 26,862.00 | 3,177.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 135.00 | 82.00 | 117.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 295.00 | 295.00 |
| Other Current Assets | 1,547.00 | 1,921.00 | 1,842.00 | 2,090.00 | 1,753.00 | 1,418.00 | 1,854.00 | 2,408.00 | 5,861.00 | 3,736.00 | 2,611.00 | 2,452.00 | 2,779.00 | 1,012.00 | 618.00 | 914.00 | 1,193.00 | 1,458.00 | 382.00 | 680.00 |
| Non-Current Assets | 46,601.00 | 49,756.00 | 56,585.00 | 63,091.00 | 64,424.00 | 70,113.00 | 76,112.00 | 68,584.00 | 22,737.00 | 23,485.00 | 3,996.00 | 3,642.00 | 2,659.00 | 8,360.00 | 8,421.00 | 402.00 | 441.00 | 27,478.00 | 62,524.00 | 18,191.00 |
| Property, Plant, Equipment Net | 19,510.00 | 18,723.00 | 19,132.00 | 19,650.00 | 20,027.00 | 20,511.00 | 20,901.00 | 21,345.00 | 21,184.00 | 21,759.00 | 2,259.00 | 1,961.00 | 5,200.00 | 243.00 | 303.00 | 2,645.00 | 389.30 | 2,746.00 | 505.00 | 2,474.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 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 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 6,722.00 | 0 | 0 | 0 | 5,120.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 27,091.00 | 31,033.00 | 37,453.00 | 36,719.00 | 44,397.00 | 49,602.00 | 55,211.00 | 42,119.00 | 1,553.00 | 1,726.00 | 1,737.00 | 1,681.00 | -2,541.00 | 8,117.00 | 8,118.00 | -2,243.00 | 51.70 | 24,732.00 | 62,019.00 | 15,717.00 |
| Liabilities | 23,737.00 | 23,995.00 | 23,828.00 | 23,951.00 | 24,564.00 | 24,400.00 | 25,078.00 | 25,036.00 | 27,112.00 | 27,213.00 | 6,212.00 | 6,822.00 | 5,662.00 | 2,591.00 | 2,385.00 | 2,514.00 | 4,021.00 | 3,812.00 | 7,139.00 | 5,132.00 |
| Current Liabilities | 6,830.00 | 6,716.00 | 6,199.00 | 5,986.00 | 6,270.00 | 5,784.00 | 6,138.00 | 5,723.00 | 7,433.00 | 7,086.00 | 5,863.00 | 6,822.00 | 5,620.00 | 2,591.00 | 2,385.00 | 2,462.00 | 3,919.00 | 3,661.00 | 6,940.00 | 5,132.00 |
| Payables and Expenses | 3,769.00 | 3,704.00 | 3,213.00 | 2,963.00 | 3,210.00 | 2,689.00 | 3,029.00 | 2,665.00 | 4,382.00 | 4,550.00 | 3,275.00 | 4,192.00 | 4,377.00 | 2,440.00 | 1,921.00 | 1,815.00 | 2,406.00 | 2,220.00 | 3,026.00 | 1,534.00 |
| Account Payables | 1,434.00 | 1,762.00 | 1,004.00 | 817.00 | 815.00 | 645.00 | 570.00 | 542.00 | 1,891.00 | 1,989.00 | 746.00 | 1,177.00 | 1,969.00 | 966.00 | 744.00 | 519.00 | 758.00 | 670.00 | 1,607.00 | 486.00 |
| Current Accrued Liabilities | 2,335.00 | 1,942.00 | 2,209.00 | 2,146.00 | 2,395.00 | 2,044.00 | 2,459.00 | 2,123.00 | 2,491.00 | 2,561.00 | 2,529.00 | 3,015.00 | 2,408.00 | 1,474.00 | 1,177.00 | 1,296.00 | 1,648.00 | 1,550.00 | 1,419.00 | 1,048.00 |
| Short-Term Debt | 1,386.00 | 1,337.00 | 1,311.00 | 1,348.00 | 1,385.00 | 1,420.00 | 1,434.00 | 1,383.00 | 1,376.00 | 861.00 | 913.00 | 955.00 | 1,243.00 | 151.00 | 199.00 | 185.00 | 179.00 | 173.00 | 2,367.00 | 2,200.00 |
| Other Current Liabilities | 1,675.00 | 1,675.00 | 1,675.00 | 1,675.00 | 1,675.00 | 1,675.00 | 1,675.00 | 1,675.00 | 1,675.00 | 1,675.00 | 1,675.00 | 1,675.00 | 0.00 | 0.00 | 265.00 | 462.00 | 1,334.00 | 1,268.00 | 1,547.00 | 1,398.00 |
| Non-Current Liabilities | 16,907.00 | 17,279.00 | 17,629.00 | 17,965.00 | 18,294.00 | 18,616.00 | 18,940.00 | 19,313.00 | 19,679.00 | 20,127.00 | 349.00 | 0.00 | 42.00 | 0.00 | 0.00 | 52.00 | 102.00 | 151.00 | 199.00 | 0.00 |
| Long-Term Debt | 16,907.00 | 17,279.00 | 17,629.00 | 17,965.00 | 18,294.00 | 18,616.00 | 18,940.00 | 19,313.00 | 19,679.00 | 20,127.00 | 349.00 | 0 | 42.00 | 0 | 0 | 52.00 | 102.00 | 151.00 | 199.00 | 0 |
| Other Non-Current Liabilities | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0 |
| Equity | 27,039.00 | 34,476.00 | 47,607.00 | 59,582.00 | 61,259.00 | 72,050.00 | 82,536.00 | 66,610.00 | 26,307.00 | 32,494.00 | 38,468.00 | 44,348.00 | 51,460.00 | 63,158.00 | 66,253.00 | 68,395.00 | 69,641.00 | 99,104.00 | 83,006.00 | 17,328.00 |
| Shareholders Equity | 1,309.00 | 4,910.00 | 11,624.00 | 17,610.00 | 18,332.00 | 23,824.00 | 28,710.00 | 20,761.00 | 26,207.00 | 32,394.00 | 38,368.00 | 44,308.00 | 51,360.00 | 63,058.00 | 66,153.00 | 68,365.00 | 69,609.00 | 72,104.00 | 21,006.00 | -1,344.00 |
| Capital Stock | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 109,050.00 | 109,050.00 | 109,050.00 | 347,940.00 | 347,940.00 | 347,940.00 | 347,940.00 | 347,940.00 | 294,592.00 | 270,126.00 |
| Share Premium | 143,062.00 | 140,193.00 | 139,802.00 | 139,480.00 | 134,108.00 | 133,588.00 | 133,094.00 | 119,054.00 | 118,568.00 | 117,954.00 | 8,378.00 | 8,009.00 | 7,838.00 | 49,415.00 | 49,402.00 | 49,389.00 | 49,371.00 | 49,352.00 | 49,333.00 | 49,314.00 |
| Retained Earnings | -141,900.00 | -135,370.00 | -128,226.00 | -121,924.00 | -115,874.00 | -109,833.00 | -104,477.00 | -98,438.00 | -92,412.00 | -85,630.00 | -79,104.00 | -72,786.00 | -65,502.00 | -333,873.00 | -330,797.00 | -328,585.00 | -327,302.00 | -324,801.00 | -322,507.00 | -319,664.00 |
| 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 | 141.00 | 81.00 | 42.00 | 48.00 | 92.00 | 63.00 | 88.00 | 140.00 | 46.00 | 65.00 | 44.00 | 35.00 | -26.00 | -424.00 | -392.00 | -379.00 | -400.00 | -387.00 | -412.00 | -448.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 117.00 |
| Debt | 18,293.00 | 18,616.00 | 18,940.00 | 19,313.00 | 19,679.00 | 20,036.00 | 20,374.00 | 20,696.00 | 21,055.00 | 20,988.00 | 1,262.00 | 955.00 | 1,285.00 | 151.00 | 199.00 | 237.00 | 281.00 | 324.00 | 2,566.00 | 2,200.00 |
| Net Debt | 15,665.00 | 11,822.00 | 5,932.00 | 961.00 | 33.00 | 0 | 0 | 42.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Shares Outstanding | 61,511.00 | 59,244.00 | 59,244.00 | 59,235.00 | 55,266.43 | 55,197.00 | 54.98 | 51.03 | 51.02 | 50.80 | 50.79 | 50,736.00 | 50.74 | 39.41 | 39.41 | 39.41 | 23,214.00 | 39,409.00 | 27,908.00 | 23,214.00 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,600.00 | 1,600.00 | 0 | 1.60 | 1,600.00 | 1,600.00 |
| Cost Of Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 130.00 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 130.00 | 0 | 0 | 0 |
| Operating Expenses | 41,446.00 | 28,020.00 | 13,157.00 | -23,275.00 | 36,417.00 | 23,808.00 | 12,427.00 | 13,012.00 | 20,748.00 | 13,604.00 | 6,601.00 | 229.00 | 13,451.00 | 5,345.00 | 2,216.00 | -6,561.00 | 7,642.00 | 5,139.00 | 2,843.00 |
| Selling, General and Administrative Expenses | 7,250.00 | 5,044.00 | 2,340.00 | -5,013.00 | 6,775.00 | 4,669.00 | 2,501.00 | -6,922.00 | 8,488.00 | 5,785.00 | 2,646.00 | -1,694.00 | 3,709.00 | 3,591.00 | 1,466.00 | -5,307.00 | 5,340.00 | 3,810.00 | 2,472.00 |
| Research and Development Expenses | 13,496.00 | 8,976.00 | 4,217.00 | -6,662.00 | 11,442.00 | 7,239.00 | 3,726.00 | -7,066.00 | 12,260.00 | 7,819.00 | 3,955.00 | 2,298.00 | 9,738.00 | 1,488.00 | 645.00 | -719.00 | 1,726.00 | 1,029.00 | 334.00 |
| Other Operating Expenses | 20,700.00 | 14,000.00 | 6,600.00 | -11,600.00 | 18,200.00 | 11,900.00 | 6,200.00 | 27,000.00 | 0.00 | 0.00 | 0.00 | -375.00 | 4.00 | 266.00 | 105.00 | -535.00 | 576.00 | 300.00 | 37.00 |
| Operating Income | -20,746.00 | -14,020.00 | -6,557.00 | 11,675.00 | -18,217.00 | -11,908.00 | -6,227.00 | 13,988.00 | -20,748.00 | -13,604.00 | -6,601.00 | -229.00 | -13,451.00 | -5,345.00 | -2,216.00 | 6,691.00 | -7,642.00 | -5,139.00 | -2,843.00 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 471.00 | 0 | 0 | 4.00 | 6.00 | 4.00 | 2.00 | 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 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -2,100.00 | -1,400.00 | -700.00 | -10,200.00 | 15,700.00 | 10,300.00 | 5,500.00 | 59,088.00 | -19,626.00 | -12,844.00 | -6,318.00 | 15,200.00 | 20,600.00 | -5,288.00 | -2,212.00 | 6,697.00 | -7,638.00 | -5,137.00 | -2,843.00 |
| Deprecation and Amortization | 462.00 | 318.00 | 163.00 | -304.00 | 527.00 | 354.00 | 99.00 | -198.00 | 259.00 | 188.00 | 108.00 | 63.00 | 271.00 | 31.00 | 16.00 | -46.00 | 57.00 | 39.00 | 20.00 |
| 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 | 0.00 | -0.00 | 0 | 0 | 0.00 | -0.00 | 0 | 0 | 0.00 | 0 | 0 | 0 |
| Average Shares Outstanding Basic | 59,399.00 | 59,240.00 | 59,236.00 | -159,755.08 | 54,161.00 | 53,612.00 | 52,202.00 | 0.00 | 0 | 0 | 0 | 12.57 | 37.71 | 0 | 0 | 0.00 | 0 | 0 | 0 |
| Average Shares Outstanding Diluted | 59,399.00 | 59,240.00 | 59,236.00 | -107,553.08 | 54,161.00 | 53,612.00 | 0 | 50.75 | 50.76 | 50.75 | 50.76 | 12.57 | 37.71 | 0 | 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 | -17,601.00 | -11,250.00 | -5,163.00 | 8,013.00 | -14,974.00 | -9,313.00 | -4,512.00 | 16,001.00 | -20,218.00 | -12,516.00 | -6,966.00 | 1,969.00 | -13,584.00 | -5,197.00 | -1,975.00 | 3,316.00 | -6,763.00 | -4,963.00 | -778.00 |
| Operating Net Income | -39,976.00 | -26,846.00 | -18,904.00 | -40,949.00 | -36.00 | 5.00 | -5,978.00 | 13,184.00 | -19,626.00 | -12,844.00 | -6,318.00 | -5,973.00 | 13,995.00 | -5,288.00 | -2,212.00 | 6,697.00 | -7,638.00 | -5,137.00 | -2,843.00 |
| Deprecation and Amortization | 462.00 | 318.00 | 163.00 | -304.00 | 527.00 | 354.00 | 99.00 | -198.00 | 259.00 | 188.00 | 108.00 | 63.00 | 271.00 | 31.00 | 16.00 | -46.00 | 57.00 | 39.00 | 20.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 1,017.00 | 741.00 | 350.00 | -687.00 | 1,208.00 | 736.00 | 353.00 | -802.00 | 1,404.00 | 893.00 | 369.00 | 132.00 | 1,125.00 | 26.00 | 13.00 | -39.00 | 57.00 | 38.00 | 19.00 |
| Change in Working Capital | -817.00 | 554.00 | 212.00 | 1,251.00 | -457.00 | -1,050.00 | -119.00 | -6,211.00 | 3,488.00 | 1,659.00 | -757.00 | 723.00 | 63.00 | 668.00 | -164.00 | -3,624.00 | 1,026.00 | 1,245.00 | 1,197.00 |
| Other Operating Activities | 21,713.00 | 13,983.00 | 13,016.00 | 48,702.00 | -16,216.00 | -9,358.00 | 1,133.00 | 10,028.00 | -5,743.00 | -2,412.00 | -368.00 | 7,024.00 | -29,038.00 | -634.00 | 372.00 | 328.00 | -265.00 | -1,148.00 | 829.00 |
| Investing Cash Flow | -899.00 | -76.00 | -5.00 | 105.00 | -260.00 | -219.00 | -182.00 | -625.00 | -144.00 | -81.00 | -37.00 | 15,995.00 | -297.00 | -8,018.00 | -8,018.00 | -14.00 | 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 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 899.00 | 76.00 | 5.00 | -105.00 | 260.00 | 219.00 | 182.00 | 625.00 | 144.00 | 81.00 | 37.00 | 5.00 | 297.00 | 18.00 | 18.00 | 14.00 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -1,798.00 | -152.00 | -10.00 | 210.00 | -520.00 | -438.00 | -364.00 | -1,250.00 | -288.00 | -162.00 | -74.00 | 15,990.00 | -594.00 | -8,036.00 | -8,036.00 | -28.00 | 0 | 0 | 0 |
| Financing Cash Flow | 2,683.00 | -265.00 | -170.00 | -22,661.00 | 14,226.00 | 13,799.00 | 13,690.00 | 16.00 | 110.00 | 7.00 | 0 | 0.00 | 63,390.00 | 0 | 0 | -100,078.00 | 75,614.00 | 75,614.00 | 24,466.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,400.00 | 0 | 2,200.00 | 0 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 2,683.00 | -265.00 | -170.00 | -22,661.00 | 14,226.00 | 13,799.00 | 13,690.00 | 16.00 | 110.00 | 7.00 | 0 | 0.00 | 63,390.00 | 0 | 0 | -95,678.00 | 75,614.00 | 73,414.00 | 24,466.00 |
| Net Change in Cash | -15,724.00 | -11,558.00 | -5,344.00 | -14,553.00 | -1,008.00 | 4,265.00 | 8,994.00 | 15,398.00 | -20,255.00 | -12,590.00 | -7,003.00 | 17,968.00 | 49,506.00 | -13,216.00 | -9,994.00 | -96,788.00 | 68,851.00 | 70,668.00 | 23,685.00 |
| Cash at Beginning of Period | 19,690.00 | 19,690.00 | 19,690.00 | 34,243.00 | 21,992.00 | 21,992.00 | 21,992.00 | 6,594.00 | 46,442.00 | 46,442.00 | 46,442.00 | 28,474.00 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 |
| Cash at End of Period | 3,966.00 | 8,132.00 | 14,346.00 | 19,690.00 | 20,984.00 | 26,257.00 | 30,986.00 | 21,992.00 | 26,187.00 | 33,852.00 | 39,439.00 | 46,442.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |