VSTM
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -1.41 | -2.06 | -12.71 | -60.00 | -58.09 |
| Price to Sales | 18.46 | 360.45 | 2084.75 | 44.28 | |
| Book Value Per Common Share | -1.29 | 5.38 | 0.48 | 0.47 | 0.68 |
| Price to Book | -4.01 | 1.51 | 10.11 | 52.05 | 37.79 |
| Price to Operating Cash Flow | -1.76 | -2.08 | -14.69 | -80.18 | -116.98 |
| 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 | -3.23 | -3.19 | -6.28 | -1.42 | -1.90 | -9.37 | -2.77 | -3.21 | -62.28 | -34.00 | -66.29 | -188.00 | -119.23 | |||||||
| Price to Sales | 42.62 | 116.90 | 9.37 | 8.00 | 744.53 | 994.29 | 1208.57 | 4297.67 | 5550.00 | 5023.73 | ||||||||||
| Book Value Per Common Share | -0.47 | 0.59 | -1.26 | -1.29 | 0.27 | 2.19 | 2.82 | 5.38 | 7.42 | 8.89 | 0.43 | 0.48 | 0.30 | 0.29 | 0.39 | 0.47 | 0.53 | 0.51 | 0.60 | 0.68 |
| Price to Book | -18.98 | 7.08 | -4.79 | -4.01 | 10.88 | 1.36 | 4.19 | 1.51 | 1.10 | 0.84 | 11.46 | 10.11 | 34.08 | 48.45 | 43.33 | 52.05 | 70.39 | 95.28 | 49.61 | 37.79 |
| Price to Operating Cash Flow | -5.30 | -3.50 | -8.45 | -1.18 | -1.43 | -11.18 | -2.93 | -3.19 | -49.28 | -41.18 | -81.12 | -163.48 | -148.08 | -256.65 | -263.47 | |||||
| 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 | 26.64 | -97.68 | |||
| 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 | 526.06 | 0.00 | 0.00 | 0.00 | 0.13 | 49.70 | ||||||||||||||
| 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 | 2.49 | 13.39 | 0.45 | 0.58 | 0.96 |
| Quick Ratio | 4.06 | 5.42 | 8.64 | ||
| Current Ratio | 3.07 | 5.45 | 4.29 | 5.69 | 8.48 |
| Debt to Equity | -4.51 | 0.91 | 1.01 | 0.24 | 0.34 |
| Long-Term Debt to Equity | -3.44 | 0.57 | 0.55 | 0.03 | 0.19 |
| 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 | 2.13 | 2.73 | 2.17 | 1.98 | 3.61 | 3.11 | 4.10 | 11.68 | 8.10 | 10.63 | 0.55 | 0.44 | 0.55 | 0.51 | 0.57 | 0.54 | 0.59 | 0.66 | 0.74 | 0.87 |
| Quick Ratio | 2.42 | 3.30 | 3.08 | 4.12 | 6.96 | 8.81 | 4.98 | 4.06 | 4.76 | 4.70 | 6.45 | 5.42 | 7.65 | 8.99 | 10.83 | 8.64 | ||||
| Current Ratio | 2.58 | 3.46 | 3.50 | 3.07 | 3.23 | 3.28 | 4.40 | 5.45 | 7.33 | 9.14 | 5.32 | 4.29 | 4.97 | 4.87 | 6.72 | 5.69 | 8.03 | 9.01 | 10.78 | 8.48 |
| Debt to Equity | -12.39 | 4.44 | -5.06 | -4.51 | 2.92 | 1.64 | 1.67 | 0.91 | 0.69 | 0.56 | 1.23 | 1.01 | 0.77 | 0.86 | 0.60 | 0.24 | 0.17 | 0.40 | 0.33 | 0.34 |
| Long-Term Debt to Equity | -8.54 | 3.05 | -3.96 | -3.44 | 1.76 | 0.88 | 1.09 | 0.57 | 0.46 | 0.39 | 0.82 | 0.55 | 0.42 | 0.49 | 0.36 | 0.03 | 0.03 | 0.26 | 0.22 | 0.19 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | -128.66 | -58.35 | -77.66 | -65.52 | -43.88 |
| ROE | 452.14 | -111.25 | -155.75 | -81.32 | -58.75 |
| Gross Margin | 99.10 | ||||
| Operating Margin | -1258.90 | -2756.73 | -2982.37 | -58.45 | |
| EBITDA Margin | -1258.64 | -2752.19 | -2972.33 | -56.95 | |
| Net Profit Margin | -1306.37 | -2838.92 | -3468.10 | -76.51 |
| 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 | -99.83 | -39.76 | -39.56 | -52.29 | -39.83 | -27.41 | -34.06 | -20.86 | -13.00 | -51.31 | -38.76 | -14.60 | -48.91 | -25.78 | -10.98 | |||||
| ROE | 1137.16 | -216.43 | 160.65 | -205.12 | -105.27 | -73.26 | -57.50 | -32.58 | -29.00 | -90.67 | -72.21 | -23.31 | -57.20 | -36.20 | -14.65 | |||||
| Gross Margin | 96.88 | 94.01 | ||||||||||||||||||
| Operating Margin | ||||||||||||||||||||
| EBITDA Margin | ||||||||||||||||||||
| Net Profit Margin | -1319.64 | -3651.71 | -660.86 | -421.19 | -2192.46 | -1496.69 | -652.38 | -3628.58 | -2120.39 | -1494.14 |
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 | 101,538.00 | 149,718.00 | 95,050.00 | 108,662.00 | 154,349.00 |
| Current Assets | 94,961.00 | 143,682.00 | 92,870.00 | 105,740.00 | 144,938.00 |
| Cash and Short-Term Investments | 88,800.00 | 295,281.00 | 87,900.00 | 100,300.00 | 147,500.00 |
| Cash and Cash Equivalents | 266,936.00 | 236,061.00 | 226,511.00 | 64,238.00 | 203,826.00 |
| Short-Term Investments | 0 | 59,220.00 | 12,961.00 | 79,004.00 | 73,444.00 |
| Net Receivables | 0 | 0 | 31.00 | 516.00 | 239.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 6,161.00 | -151,599.00 | 4,939.00 | 4,924.00 | -2,801.00 |
| Non-Current Assets | 6,577.00 | 6,036.00 | 2,180.00 | 2,922.00 | 9,411.00 |
| Property, Plant, Equipment Net | 1,437.00 | 1,208.00 | 1,881.00 | 2,512.00 | 3,142.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 5,995.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 5,140.00 | 4,828.00 | 299.00 | 410.00 | 274.00 |
| Liabilities | 130,431.00 | 71,185.00 | 47,659.00 | 21,103.00 | 39,075.00 |
| Current Liabilities | 30,973.00 | 26,380.00 | 21,663.00 | 18,590.00 | 17,093.00 |
| Payables and Expenses | 29,978.00 | 25,112.00 | 19,884.00 | 17,923.00 | 16,535.00 |
| Account Payables | 4,026.00 | 7,184.00 | 4,901.00 | 2,302.00 | 1,875.00 |
| Current Accrued Liabilities | 25,952.00 | 17,928.00 | 14,983.00 | 15,621.00 | 14,660.00 |
| Short-Term Debt | 995.00 | 941.00 | 1,069.00 | 667.00 | 558.00 |
| Other Current Liabilities | 0.00 | 327.00 | 710.00 | 0.00 | 0.00 |
| Non-Current Liabilities | 99,458.00 | 44,805.00 | 25,996.00 | 2,513.00 | 21,982.00 |
| Long-Term Debt | 41,259.00 | 40,616.00 | 25,996.00 | 2,513.00 | 21,982.00 |
| Other Non-Current Liabilities | 58,199.00 | 4,189.00 | 0.00 | 0.00 | 0.00 |
| Equity | -28,893.00 | 78,533.00 | 47,391.00 | 87,559.00 | 115,274.00 |
| Shareholders Equity | -57,786.00 | 135,907.00 | 95,782.00 | 87,559.00 | 115,274.00 |
| Capital Stock | 4.00 | 3.00 | 20.00 | 19.00 | 17.00 |
| Share Premium | 926,630.00 | 882,248.00 | 784,894.00 | 751,217.00 | 707,715.00 |
| Retained Earnings | -955,527.00 | -824,890.00 | -737,523.00 | -663,711.00 | -592,511.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 13.00 | 0 | 34.00 | 53.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 59,220.00 | 12,992.00 | 79,520.00 | 79,678.00 |
| Debt | 42,254.00 | 41,557.00 | 27,065.00 | 3,180.00 | 22,540.00 |
| Common Shares Outstanding | 44,784.00 | 25,281.00 | 200,541.00 | 185,286.00 | 170,456.00 |
| Preferred Shares Outstanding | 0 | 0 | 1,000.00 | 0 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 10,000.00 | 0 | 2,600.00 | 2,053.00 | 88,516.00 |
| Cost Of Revenue | 0 | 0 | 0 | 0 | 793.00 |
| Gross Profit | 0 | 0 | 0 | 0 | 87,723.00 |
| Operating Expenses | 0 | 92,084.00 | 0 | 0 | 137,083.00 |
| Selling, General and Administrative Expenses | 43,622.00 | 30,728.00 | 24,975.00 | 24,115.00 | 62,755.00 |
| Research and Development Expenses | 81,334.00 | 61,556.00 | 50,558.00 | 39,347.00 | 41,376.00 |
| Other Operating Expenses | 0 | -200.00 | 0 | 0 | 32,952.00 |
| Operating Income | -114,956.00 | -92,084.00 | -72,937.00 | -61,409.00 | -49,360.00 |
| Net Non-Operating Income | -15,496.00 | 0 | -875.00 | -9,791.00 | -18,172.00 |
| Interest Income | 8,711.00 | 10,353.00 | 3,352.00 | 10,153.00 | 16,309.00 |
| Interest Expense | 4,562.00 | 4,139.00 | 2,137.00 | 9,972.00 | 15,794.00 |
| Net Interest | 4,149.00 | 6,214.00 | 1,215.00 | 181.00 | 515.00 |
| EBT | -130,452.00 | 0 | -73,812.00 | -71,200.00 | -67,532.00 |
| Income Tax | 185.00 | 0.00 | 0.00 | 0.00 | 194.00 |
| Net Income | -130,637.00 | -87,367.00 | -73,812.00 | -71,200.00 | -67,726.00 |
| EBIT | -125,890.00 | 0 | -71,675.00 | -61,228.00 | -51,738.00 |
| Deprecation and Amortization | 26.00 | 62.00 | 118.00 | 206.00 | 1,324.00 |
| EBITDA | -125,864.00 | 0 | -71,557.00 | -61,022.00 | -50,414.00 |
| EPS | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 35,713.00 | 22,054.00 | 193,654.00 | 174,406.00 | 153,330.00 |
| Average Shares Outstanding Diluted | 35,713.00 | 22,054.00 | 193.65 | 174,406.00 | 153,330.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | -104,771.00 | -86,460.00 | -63,673.00 | -53,502.00 | -33,506.00 |
| Operating Net Income | -130,637.00 | -87,367.00 | -73,812.00 | -71,200.00 | -67,726.00 |
| Deprecation and Amortization | 26.00 | 62.00 | 118.00 | 206.00 | 1,324.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 7,342.00 | 5,860.00 | 6,047.00 | 7,711.00 | 8,118.00 |
| Change in Working Capital | -2,889.00 | 7,695.00 | 2,080.00 | 2,458.00 | -14,861.00 |
| Other Operating Activities | 21,387.00 | -12,710.00 | 1,894.00 | 7,323.00 | 39,639.00 |
| Investing Cash Flow | 59,972.00 | -44,447.00 | 66,185.00 | 87.00 | -47,363.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 28.00 | 0 | 0 | 196.00 | 33.00 |
| Net Purchase/Sale of Investments Net | 60,000.00 | 148,447.00 | 101,815.00 | 173,167.00 | 111,430.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -56.00 | -192,894.00 | -35,630.00 | -173,276.00 | -158,826.00 |
| Financing Cash Flow | 54,782.00 | 134,194.00 | 51,784.00 | 6,885.00 | 69,630.00 |
| Net Issuance/Repayment of Debt | 0 | 300.00 | 0 | 0 | 37,366.00 |
| Net Issuance/Repurchase of Equity | 55,032.00 | 119,676.00 | 27,836.00 | 6,923.00 | 121,644.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -250.00 | 14,218.00 | 23,948.00 | -38.00 | -89,380.00 |
| Net Change in Cash | 9,983.00 | 3,287.00 | 54,296.00 | -46,530.00 | -11,239.00 |
| Cash at Beginning of Period | 79,076.00 | 75,789.00 | 21,493.00 | 68,023.00 | 79,262.00 |
| Cash at End of Period | 89,059.00 | 79,076.00 | 75,789.00 | 21,493.00 | 68,023.00 |
| 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 | 176,852.00 | 196,264.00 | 131,698.00 | 101,538.00 | 126,378.00 | 105,747.00 | 123,539.00 | 149,718.00 | 176,153.00 | 191,758.00 | 120,877.00 | 95,050.00 | 111,095.00 | 100,409.00 | 116,148.00 | 108,662.00 | 111,877.00 | 123,890.00 | 136,901.00 | 154,349.00 |
| Current Assets | 154,056.00 | 174,273.00 | 124,699.00 | 94,961.00 | 120,662.00 | 99,646.00 | 117,674.00 | 143,682.00 | 174,485.00 | 189,963.00 | 118,893.00 | 92,870.00 | 108,759.00 | 97,875.00 | 113,439.00 | 105,740.00 | 108,757.00 | 114,760.00 | 127,678.00 | 144,938.00 |
| Cash and Short-Term Investments | 137,700.00 | 164,300.00 | 117,600.00 | 88,800.00 | 113,200.00 | 83,400.00 | 110,100.00 | 295,281.00 | 165,700.00 | 183,100.00 | 111,200.00 | 87,900.00 | 104,000.00 | 94,300.00 | 106,300.00 | 100,300.00 | 103,400.00 | 114,100.00 | 127,100.00 | 147,500.00 |
| Cash and Cash Equivalents | 275,653.00 | 328,885.00 | 235,379.00 | 266,936.00 | 226,591.00 | 166,983.00 | 163,910.00 | 236,061.00 | 191,751.00 | 367,411.00 | 294,754.00 | 226,511.00 | 236,912.00 | 192,334.00 | 140,543.00 | 64,238.00 | 73,424.00 | 75,396.00 | 107,024.00 | 203,826.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 28,809.00 | 59,220.00 | 70,677.00 | 0 | 13,944.00 | 12,961.00 | 25,810.00 | 30,357.00 | 59,591.00 | 79,004.00 | 79,102.00 | 83,163.00 | 85,583.00 | 73,444.00 |
| Net Receivables | 6,716.00 | 2,076.00 | 0 | 0 | 0 | 10,000.00 | 100.00 | 0 | 100.00 | 2.00 | 100.00 | 31.00 | 74.00 | 131.00 | 2,644.00 | 516.00 | 105.00 | 476.00 | 1,125.00 | 239.00 |
| Inventory | 1,794.00 | 1,168.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 7,846.00 | 6,729.00 | 7,099.00 | 6,161.00 | 7,462.00 | 6,246.00 | 7,474.00 | -151,599.00 | 8,685.00 | 6,861.00 | 7,593.00 | 4,939.00 | 4,685.00 | 3,444.00 | 4,495.00 | 4,924.00 | 5,252.00 | 184.00 | -547.00 | -2,801.00 |
| Non-Current Assets | 22,796.00 | 21,991.00 | 6,999.00 | 6,577.00 | 5,716.00 | 6,101.00 | 5,865.00 | 6,036.00 | 1,668.00 | 1,795.00 | 1,984.00 | 2,180.00 | 2,336.00 | 2,534.00 | 2,709.00 | 2,922.00 | 3,120.00 | 9,130.00 | 9,223.00 | 9,411.00 |
| Property, Plant, Equipment Net | 750.00 | 984.00 | 1,210.00 | 1,437.00 | 664.00 | 862.00 | 1,049.00 | 1,208.00 | 1,371.00 | 1,534.00 | 1,707.00 | 1,881.00 | 2,048.00 | 2,209.00 | 2,363.00 | 2,512.00 | 2,656.00 | 2,794.00 | 2,963.00 | 3,142.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 16,705.00 | 15,636.00 | 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 | 5,992.00 | 5,998.00 | 5,995.00 |
| 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 | 5,341.00 | 5,371.00 | 5,789.00 | 5,140.00 | 5,052.00 | 5,239.00 | 4,816.00 | 4,828.00 | 297.00 | 261.00 | 277.00 | 299.00 | 288.00 | 325.00 | 346.00 | 410.00 | 464.00 | 344.00 | 262.00 | 274.00 |
| Liabilities | 192,378.00 | 160,208.00 | 164,131.00 | 130,431.00 | 94,159.00 | 65,737.00 | 77,318.00 | 71,185.00 | 71,814.00 | 69,008.00 | 66,693.00 | 47,659.00 | 48,222.00 | 46,517.00 | 43,377.00 | 21,103.00 | 16,222.00 | 35,685.00 | 34,292.00 | 39,075.00 |
| Current Liabilities | 59,712.00 | 50,361.00 | 35,619.00 | 30,973.00 | 37,374.00 | 30,347.00 | 26,725.00 | 26,380.00 | 23,812.00 | 20,787.00 | 22,359.00 | 21,663.00 | 21,873.00 | 20,092.00 | 16,886.00 | 18,590.00 | 13,536.00 | 12,744.00 | 11,844.00 | 17,093.00 |
| Payables and Expenses | 54,609.00 | 46,183.00 | 32,590.00 | 29,978.00 | 26,591.00 | 23,873.00 | 24,833.00 | 25,112.00 | 21,432.00 | 18,309.00 | 18,841.00 | 19,884.00 | 20,147.00 | 19,364.00 | 16,190.00 | 17,923.00 | 12,898.00 | 12,134.00 | 11,261.00 | 16,535.00 |
| Account Payables | 9,888.00 | 8,047.00 | 7,199.00 | 4,026.00 | 4,438.00 | 6,678.00 | 7,449.00 | 7,184.00 | 5,118.00 | 4,553.00 | 4,903.00 | 4,901.00 | 5,359.00 | 1,706.00 | 2,896.00 | 2,302.00 | 641.00 | 1,395.00 | 2,453.00 | 1,875.00 |
| Current Accrued Liabilities | 44,721.00 | 38,136.00 | 25,391.00 | 25,952.00 | 22,153.00 | 17,195.00 | 17,384.00 | 17,928.00 | 16,314.00 | 13,756.00 | 13,938.00 | 14,983.00 | 14,788.00 | 17,658.00 | 13,294.00 | 15,621.00 | 12,257.00 | 10,739.00 | 8,808.00 | 14,660.00 |
| Short-Term Debt | 981.00 | 1,511.00 | 1,759.00 | 995.00 | 10,783.00 | 6,474.00 | 1,892.00 | 941.00 | 1,048.00 | 1,444.00 | 1,833.00 | 1,069.00 | 761.00 | 728.00 | 696.00 | 667.00 | 638.00 | 610.00 | 583.00 | 558.00 |
| Other Current Liabilities | 4,122.00 | 2,667.00 | 1,270.00 | 0.00 | 0.00 | 0.00 | 0.00 | 327.00 | 1,332.00 | 1,034.00 | 1,685.00 | 710.00 | 965.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-Current Liabilities | 132,666.00 | 109,847.00 | 128,512.00 | 99,458.00 | 56,785.00 | 35,390.00 | 50,593.00 | 44,805.00 | 48,002.00 | 48,221.00 | 44,334.00 | 25,996.00 | 26,349.00 | 26,425.00 | 26,491.00 | 2,513.00 | 2,686.00 | 22,941.00 | 22,448.00 | 21,982.00 |
| Long-Term Debt | 78,124.00 | 74,274.00 | 71,747.00 | 41,259.00 | 30,647.00 | 35,390.00 | 40,393.00 | 40,616.00 | 40,691.00 | 40,761.00 | 40,824.00 | 25,996.00 | 26,349.00 | 26,425.00 | 26,491.00 | 2,513.00 | 2,686.00 | 22,941.00 | 22,448.00 | 21,982.00 |
| Other Non-Current Liabilities | 54,542.00 | 35,573.00 | 56,765.00 | 58,199.00 | 26,138.00 | 0.00 | 10,200.00 | 4,189.00 | 7,311.00 | 7,460.00 | 3,510.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity | -15,526.00 | 36,056.00 | -32,433.00 | -28,893.00 | 32,219.00 | 40,010.00 | 46,221.00 | 78,533.00 | 104,339.00 | 122,750.00 | 54,184.00 | 47,391.00 | 62,873.00 | 53,892.00 | 72,771.00 | 87,559.00 | 95,655.00 | 88,205.00 | 102,609.00 | 115,274.00 |
| Shareholders Equity | -31,052.00 | 36,056.00 | -64,866.00 | -57,786.00 | 11,060.00 | 58,861.00 | 71,283.00 | 135,907.00 | 187,519.00 | 224,341.00 | 87,209.00 | 95,782.00 | 62,873.00 | 53,892.00 | 72,771.00 | 87,559.00 | 95,655.00 | 88,205.00 | 102,609.00 | 115,274.00 |
| Capital Stock | 7.00 | 6.00 | 5.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 20.00 | 20.00 | 21.00 | 19.00 | 19.00 | 19.00 | 18.00 | 17.00 | 17.00 | 17.00 |
| Share Premium | 1,114,004.00 | 1,064,324.00 | 968,553.00 | 926,630.00 | 902,032.00 | 885,857.00 | 883,816.00 | 882,248.00 | 880,650.00 | 879,105.00 | 786,236.00 | 784,894.00 | 783,606.00 | 756,628.00 | 753,538.00 | 751,217.00 | 742,840.00 | 712,593.00 | 710,100.00 | 707,715.00 |
| Retained Earnings | -1,132,082.00 | -1,033,564.00 | -1,007,630.00 | -955,527.00 | -890,976.00 | -867,009.00 | -858,753.00 | -824,890.00 | -797,522.00 | -777,518.00 | -753,237.00 | -737,523.00 | -720,715.00 | -702,625.00 | -680,673.00 | -663,711.00 | -647,230.00 | -624,444.00 | -607,542.00 | -592,511.00 |
| 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 | 2,545.00 | 5,290.00 | 6,639.00 | 0 | 0 | 0 | -4.00 | 13.00 | 49.00 | 1.00 | 6.00 | 0 | -39.00 | -130.00 | -113.00 | 34.00 | 27.00 | 39.00 | 34.00 | 53.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 6,716.00 | 2,076.00 | 0 | 0 | 0 | 10,000.00 | 28,809.00 | 59,220.00 | 70,677.00 | 2.00 | 13,944.00 | 12,992.00 | 25,884.00 | 30,488.00 | 62,235.00 | 79,520.00 | 79,207.00 | 89,631.00 | 92,706.00 | 79,678.00 |
| Debt | 79,105.00 | 75,785.00 | 73,506.00 | 42,254.00 | 41,430.00 | 41,864.00 | 42,285.00 | 41,557.00 | 41,739.00 | 42,205.00 | 42,657.00 | 27,065.00 | 27,110.00 | 27,153.00 | 27,187.00 | 3,180.00 | 3,324.00 | 23,551.00 | 23,031.00 | 22,540.00 |
| Common Shares Outstanding | 66,749.00 | 61,523.00 | 51,490.00 | 44,784.00 | 40,262.00 | 26,876.00 | 25,308.00 | 25,281.00 | 25,265.00 | 25,242.00 | 200,541.00 | 200,541.00 | 210,090.85 | 187,613.00 | 186,330.00 | 185,286.00 | 182,155.00 | 172,077.00 | 171,731.00 | 170,456.00 |
| Preferred Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,200.00 | 1,200.00 | 0 | 1,000.00 | 0 | 0 | 0 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | 13,379.00 | 2,137.00 | 0 | -10,000.00 | 10,000.00 | 10,000.00 | 0 | 0 | 0 | 0 | 0 | -5,200.00 | 2,600.00 | 2,600.00 | 2,600.00 | -1,967.00 | 1,508.00 | 1,506.00 | 1,006.00 |
| Cost Of Revenue | 418.00 | 128.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 12,961.00 | 2,009.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 141,615.00 | 89,948.00 | 44,174.00 | 0 | 0 | 0 | 28,059.00 | -27,841.00 | 60,945.00 | 39,636.00 | 19,344.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General and Administrative Expenses | 56,702.00 | 35,692.00 | 15,022.00 | -20,140.00 | 32,843.00 | 20,567.00 | 10,352.00 | -13,420.00 | 22,091.00 | 14,728.00 | 7,329.00 | -12,276.00 | 18,869.00 | 12,448.00 | 5,934.00 | -13,490.00 | 18,455.00 | 12,932.00 | 6,218.00 |
| Research and Development Expenses | 82,925.00 | 53,938.00 | 29,152.00 | -33,065.00 | 60,923.00 | 35,769.00 | 17,707.00 | -14,221.00 | 38,854.00 | 24,908.00 | 12,015.00 | -31,432.00 | 39,818.00 | 28,530.00 | 13,642.00 | -16,126.00 | 27,951.00 | 18,626.00 | 8,896.00 |
| Other Operating Expenses | 1,988.00 | 318.00 | 0.00 | 0 | 0 | 0 | 0.00 | -200.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -128,654.00 | -87,939.00 | -44,174.00 | 42,805.00 | -83,366.00 | -46,336.00 | -28,059.00 | 27,841.00 | -60,945.00 | -39,636.00 | -19,344.00 | 38,516.00 | -56,091.00 | -38,382.00 | -16,980.00 | 27,649.00 | -44,898.00 | -30,052.00 | -14,108.00 |
| Net Non-Operating Income | 0 | 0 | 0 | -15,496.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -875.00 | 0 | 0 | 0 | -9,791.00 | 0 | 0 | 0 |
| Interest Income | 3,687.00 | 2,186.00 | 1,152.00 | -5,001.00 | 6,597.00 | 4,618.00 | 2,497.00 | -2,744.00 | 7,364.00 | 3,988.00 | 1,745.00 | 565.00 | 1,859.00 | 826.00 | 102.00 | -3,060.00 | 10,103.00 | 2,083.00 | 1,027.00 |
| Interest Expense | 723.00 | 404.00 | 192.00 | -2,252.00 | 3,416.00 | 2,268.00 | 1,130.00 | -1,539.00 | 3,019.00 | 1,890.00 | 769.00 | -28.00 | 1,413.00 | 696.00 | 56.00 | -2,947.00 | 9,962.00 | 1,982.00 | 975.00 |
| Net Interest | 2,964.00 | 1,782.00 | 960.00 | -2,749.00 | 3,181.00 | 2,350.00 | 1,367.00 | -1,205.00 | 4,345.00 | 2,098.00 | 976.00 | 593.00 | 446.00 | 130.00 | 46.00 | -113.00 | 141.00 | 101.00 | 52.00 |
| EBT | 0 | 0 | 0 | -130,452.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -73,812.00 | 0 | 0 | 0 | -71,200.00 | 0 | 0 | 0 |
| Income Tax | 0.00 | 0.00 | 0.00 | 185.00 | 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 | -176,555.00 | -78,037.00 | -52,103.00 | 11,431.00 | -66,086.00 | -42,119.00 | -33,863.00 | 28,341.00 | -59,999.00 | -39,995.00 | -15,714.00 | 39,068.00 | -57,004.00 | -38,914.00 | -16,962.00 | 30,483.00 | -54,719.00 | -31,933.00 | -15,031.00 |
| EBIT | 0 | 0 | 0 | -125,890.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -71,675.00 | 0 | 0 | 0 | -61,228.00 | 0 | 0 | 0 |
| Deprecation and Amortization | 442.00 | 138.00 | 10.00 | -11.00 | 19.00 | 12.00 | 6.00 | -77.00 | 57.00 | 52.00 | 30.00 | -60.00 | 89.00 | 59.00 | 30.00 | -197.00 | 176.00 | 146.00 | 81.00 |
| EBITDA | 0 | 0 | 0 | -125,864.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -71,557.00 | 0 | 0 | 0 | -61,022.00 | 0 | 0 | 0 |
| 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 | -0.00 | 0.00 | -0.00 | 0 | 0 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | 0 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | 0 | 0 |
| Average Shares Outstanding Basic | 64,561.00 | 60,191.00 | 54,173.00 | 57,824.00 | 31,350.00 | 26,846.00 | 26,832.00 | -150,146.00 | 20,452.00 | 17,231.00 | 200,679.00 | 211,989.00 | 189,999.00 | 186,364.00 | 186,264.00 | 523,100.00 | 174,524.00 | 0 | 0 |
| Average Shares Outstanding Diluted | 64,561.00 | 68,182.00 | 54,173.00 | 111,502.00 | 31,350.00 | 0 | 0 | -513,821.00 | 200,679.00 | 200,679.00 | 200,679.00 | -561,852.38 | 189,999.00 | 186,364.00 | 186,264.00 | 523,100.00 | 174,524.00 | 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 | -107,555.00 | -71,339.00 | -38,676.00 | 59,085.00 | -79,672.00 | -55,877.00 | -28,307.00 | 30,795.00 | -56,779.00 | -40,190.00 | -20,286.00 | 34,640.00 | -47,057.00 | -31,975.00 | -19,281.00 | 42,127.00 | -43,569.00 | -32,742.00 | -19,318.00 |
| Operating Net Income | -176,555.00 | -78,037.00 | -52,103.00 | 11,431.00 | -66,086.00 | -42,119.00 | -33,863.00 | 28,341.00 | -59,999.00 | -39,995.00 | -15,714.00 | 39,068.00 | -57,004.00 | -38,914.00 | -16,962.00 | 30,483.00 | -54,719.00 | -31,933.00 | -15,031.00 |
| Deprecation and Amortization | 442.00 | 138.00 | 10.00 | -11.00 | 19.00 | 12.00 | 6.00 | -77.00 | 57.00 | 52.00 | 30.00 | -60.00 | 89.00 | 59.00 | 30.00 | -197.00 | 176.00 | 146.00 | 81.00 |
| 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 | 7,379.00 | 5,201.00 | 1,788.00 | -2,852.00 | 5,323.00 | 3,388.00 | 1,483.00 | -2,460.00 | 4,262.00 | 2,745.00 | 1,313.00 | -3,763.00 | 4,760.00 | 3,404.00 | 1,646.00 | -4,556.00 | 6,137.00 | 4,150.00 | 1,980.00 |
| Change in Working Capital | 14,926.00 | 14,324.00 | 4,745.00 | -11,530.00 | -1,189.00 | 9,245.00 | 585.00 | 339.00 | 3,512.00 | 1,091.00 | 2,753.00 | 731.00 | 2,231.00 | -2,592.00 | 1,710.00 | -4,377.00 | 662.00 | 2,699.00 | 3,474.00 |
| Other Operating Activities | 46,253.00 | -12,965.00 | 6,884.00 | 62,047.00 | -17,739.00 | -26,403.00 | 3,482.00 | 4,652.00 | -4,611.00 | -4,083.00 | -8,668.00 | -1,336.00 | 2,867.00 | 6,068.00 | -5,705.00 | 20,774.00 | 4,175.00 | -7,804.00 | -9,822.00 |
| Investing Cash Flow | -8,279.00 | 0 | 0 | -90,951.00 | 59,972.00 | 59,972.00 | 30,979.00 | 44.00 | -56,883.00 | 13,196.00 | -804.00 | -54,752.00 | 53,160.00 | 48,513.00 | 19,264.00 | 22,417.00 | 21.00 | -9,979.00 | -12,372.00 |
| 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 | 8,279.00 | 0 | 0 | -49.00 | 28.00 | 28.00 | 21.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -392.00 | 196.00 | 196.00 | 196.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | -91,000.00 | 60,000.00 | 60,000.00 | 31,000.00 | -30,044.00 | 110,883.00 | 40,804.00 | 26,804.00 | -69,748.00 | 83,840.00 | 58,487.00 | 29,236.00 | -53,225.00 | 106,733.00 | 96,733.00 | 22,926.00 |
| 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 | -16,558.00 | 0 | 0 | 98.00 | -56.00 | -56.00 | -42.00 | 30,088.00 | -167,766.00 | -27,608.00 | -27,608.00 | 14,996.00 | -30,680.00 | -9,974.00 | -9,972.00 | 76,034.00 | -106,908.00 | -106,908.00 | -35,494.00 |
| Financing Cash Flow | 164,722.00 | 146,843.00 | 67,427.00 | -545.00 | 54,040.00 | 441.00 | 846.00 | -180,027.00 | 134,640.00 | 135,531.00 | 44,050.00 | -51,612.00 | 51,784.00 | 26,160.00 | 25,452.00 | 7,472.00 | 80.00 | -89.00 | -578.00 |
| Net Issuance/Repayment of Debt | 42,580.00 | 42,580.00 | 42,580.00 | 0 | 0 | 0 | 0 | 300.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 132,214.00 | 114,057.00 | 34,367.00 | 369.00 | 54,157.00 | 321.00 | 185.00 | -148,220.00 | 119,676.00 | 120,063.00 | 28,157.00 | -2,892.00 | 27,836.00 | 2,112.00 | 780.00 | 4,326.00 | 1,279.00 | 918.00 | 400.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -10,072.00 | -9,794.00 | -9,520.00 | -914.00 | -117.00 | 120.00 | 661.00 | -32,107.00 | 14,964.00 | 15,468.00 | 15,893.00 | -48,720.00 | 23,948.00 | 24,048.00 | 24,672.00 | 3,146.00 | -1,199.00 | -1,007.00 | -978.00 |
| Net Change in Cash | 48,888.00 | 75,504.00 | 28,751.00 | -32,411.00 | 34,340.00 | 4,536.00 | 3,518.00 | -149,188.00 | 20,978.00 | 108,537.00 | 22,960.00 | -71,724.00 | 57,887.00 | 42,698.00 | 25,435.00 | 72,016.00 | -43,468.00 | -42,810.00 | -32,268.00 |
| Cash at Beginning of Period | 89,059.00 | 89,059.00 | 89,059.00 | 121,470.00 | 79,076.00 | 79,076.00 | 79,076.00 | 228,264.00 | 75,789.00 | 75,789.00 | 75,789.00 | 147,513.00 | 21,493.00 | 21,493.00 | 21,493.00 | -50,523.00 | 68,023.00 | 68,023.00 | 68,023.00 |
| Cash at End of Period | 137,947.00 | 164,563.00 | 117,810.00 | 89,059.00 | 113,416.00 | 83,612.00 | 82,594.00 | 79,076.00 | 96,767.00 | 184,326.00 | 98,749.00 | 75,789.00 | 79,380.00 | 64,191.00 | 46,928.00 | 21,493.00 | 24,555.00 | 25,213.00 | 35,755.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |