VYNE
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -3.60 | -0.84 | -0.37 | 12.93 | |
| Price to Sales | 283.90 | 56.42 | 18.04 | 64.04 | 234.12 |
| Book Value Per Common Share | 3.51 | 6.29 | 9.66 | 0.91 | 0.87 |
| Price to Book | 0.95 | 0.37 | 0.28 | 20.22 | 131.09 |
| Price to Operating Cash Flow | -4.20 | -0.94 | -0.29 | -16.76 | -35.85 |
| 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 | -1.97 | -4.85 | -7.90 | -2.89 | -5.32 | -20.47 | -0.59 | -0.85 | -1.77 | -17.46 | -100.00 | 146.27 | -20.51 | -78.00 | ||||||
| Price to Sales | 85.90 | 261.90 | 336.17 | 191.84 | 281.43 | 1334.78 | 37.97 | 57.18 | 100.33 | 489.73 | 1296.33 | 3656.81 | 101.91 | 378.32 | 1536.28 | |||||
| Book Value Per Common Share | 1.01 | 1.97 | 2.77 | 3.51 | 4.31 | 5.15 | 5.83 | 6.29 | 3.48 | 5.26 | 8.08 | 9.66 | 0.69 | 0.83 | 0.96 | 0.91 | 1.10 | 1.45 | 1.81 | 0.87 |
| Price to Book | 0.33 | 0.84 | 0.57 | 0.95 | 0.44 | 0.38 | 0.53 | 0.37 | 1.16 | 0.78 | 0.38 | 0.28 | 5.82 | 8.40 | 12.16 | 20.22 | 22.74 | 43.46 | 68.15 | 131.09 |
| Price to Operating Cash Flow | -2.02 | -3.17 | -5.88 | -3.21 | -5.10 | -16.37 | -0.65 | -0.89 | -1.83 | -9.06 | -21.79 | -64.97 | -27.41 | -110.01 | -504.55 | |||||
| Price to Free Cash Flow | -2.02 | |||||||||||||||||||
| 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 | 18.16 | -11.11 | -96.77 | -29.71 | |
| 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 | -37.64 | 34.16 | 40.88 | 202.04 | 48.72 | 134.00 | 54.93 | 70.79 | 48.78 | 103.37 | ||||||||||
| EBITDA YoY | ||||||||||||||||||||
| Net Profit YoY | -90.56 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 1.44 | 9.08 | 9.73 | 0.83 | 1.37 |
| Quick Ratio | 2.74 | 3.51 | |||
| Current Ratio | 4.35 | 12.73 | 3.43 | 4.07 | |
| Debt to Equity | 0.28 | 0.10 | 0.30 | 0.38 | 1.50 |
| Long-Term Debt to Equity | 0.00 | 0.02 | 0.00 | 0.93 |
| 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 | 0.76 | 0.93 | 1.18 | 4.15 | 1.65 | 1.84 | 2.02 | 6.62 | 4.74 | 6.34 | 9.30 | 9.60 | 0.62 | 0.76 | 0.92 | 0.80 | 1.04 | 2.07 | 2.34 | 1.37 |
| Quick Ratio | 2.44 | 3.28 | 4.04 | 2.74 | 3.00 | 1.99 | 6.09 | 3.51 | ||||||||||||
| Current Ratio | 8.87 | 7.60 | 4.47 | 4.35 | 5.81 | 7.13 | 13.02 | 12.73 | 2.72 | 3.60 | 4.39 | 3.43 | 3.63 | 2.23 | 6.64 | 4.07 | ||||
| Debt to Equity | 0.13 | 0.15 | 0.28 | 0.28 | 0.20 | 0.16 | 0.10 | 0.10 | 0.67 | 0.45 | 0.33 | 0.30 | 0.17 | 0.14 | 0.15 | 0.38 | 0.38 | 0.79 | 0.61 | 1.50 |
| Long-Term Debt to Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 | 0.11 | 0.08 | 0.05 | 0.00 | 0.02 | 0.02 | 0.37 | 0.93 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | -59.54 | -29.13 | -56.95 | -109.37 | -272.63 |
| ROE | -76.48 | -32.06 | -73.89 | -150.77 | -681.64 |
| Gross Margin | 77.31 | 93.37 | |||
| Operating Margin | -7944.71 | -6573.58 | -7113.63 | -962.01 | -2416.34 |
| EBITDA Margin | -7943.91 | -7098.53 | -961.27 | -2414.71 | |
| Net Profit Margin | -7950.90 | -6710.38 | -4865.83 | -496.98 | -1217.40 |
| 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 | -20.15 | -32.13 | -15.26 | -36.50 | -18.07 | -6.82 | -115.56 | -62.82 | -15.94 | -28.28 | -6.90 | 7.26 | -75.95 | -30.21 | -13.78 | |||||
| ROE | -22.69 | -36.95 | -19.51 | -43.77 | -20.91 | -7.50 | -193.52 | -90.78 | -21.27 | -33.11 | -7.87 | 8.38 | -104.88 | -54.04 | -22.12 | |||||
| Gross Margin | 80.38 | 83.34 | 85.41 | |||||||||||||||||
| Operating Margin | -4610.65 | -5295.20 | -4258.91 | -6664.99 | -5282.43 | -6368.37 | -6241.38 | -6688.03 | -5612.00 | -5559.24 | -5568.75 | -4884.27 | -450.53 | -457.66 | -473.12 | |||||
| EBITDA Margin | -4607.10 | -5290.77 | -4255.94 | -5511.04 | -5550.33 | -4859.55 | -449.86 | -457.00 | -472.47 | |||||||||||
| Net Profit Margin | -4307.69 | -5301.11 | -4262.87 | -6669.54 | -5288.85 | -6376.53 | -6397.70 | -6700.85 | -5622.00 | -2816.35 | -1251.97 | 2623.60 | -495.54 | -483.16 | -498.91 |
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 | 66,905.00 | 97,685.00 | 40,758.00 | 67,046.00 | 93,742.00 |
| Current Assets | 64,437.00 | 95,963.00 | 38,275.00 | 63,186.00 | 87,259.00 |
| Cash and Short-Term Investments | 61,516.00 | 93,307.00 | 31,000.00 | 42,900.00 | 59,400.00 |
| Cash and Cash Equivalents | 19,926.00 | 30,674.00 | 30,975.00 | 42,855.00 | 58,418.00 |
| Short-Term Investments | 41,590.00 | 62,633.00 | 0 | 0 | 1,027.00 |
| Net Receivables | 0 | 0 | 173.00 | 7,583.00 | 15,819.00 |
| Inventory | 0 | 0 | 0 | 7,291.00 | 7,404.00 |
| Other Current Assets | 2,921.00 | 2,656.00 | 7,102.00 | 5,412.00 | 4,636.00 |
| Non-Current Assets | 2,468.00 | 1,722.00 | 2,483.00 | 3,860.00 | 6,483.00 |
| Property, Plant, Equipment Net | 206.00 | 207.00 | 0 | 354.00 | 2,138.00 |
| 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 | 2,262.00 | 1,515.00 | 0 | 3,506.00 | 4,345.00 |
| Liabilities | 14,819.00 | 8,950.00 | 9,345.00 | 18,410.00 | 56,249.00 |
| Current Liabilities | 14,819.00 | 7,538.00 | 0 | 18,410.00 | 21,453.00 |
| Payables and Expenses | 13,407.00 | 7,423.00 | 9,139.00 | 17,855.00 | 20,592.00 |
| Account Payables | 2,707.00 | 1,659.00 | 2,386.00 | 6,510.00 | 4,780.00 |
| Current Accrued Liabilities | 10,700.00 | 5,764.00 | 6,753.00 | 11,345.00 | 15,812.00 |
| Short-Term Debt | 99.00 | 115.00 | 0 | 349.00 | 757.00 |
| Other Current Liabilities | 1,313.00 | 0.00 | 0 | 206.00 | 104.00 |
| Non-Current Liabilities | 0.00 | 1,412.00 | 0 | 0.00 | 34,796.00 |
| Long-Term Debt | 0 | 99.00 | 0 | 0 | 34,027.00 |
| Other Non-Current Liabilities | 0 | 1,313.00 | 0 | 0 | 769.00 |
| Equity | 52,086.00 | 88,735.00 | 31,413.00 | 48,636.00 | 37,493.00 |
| Shareholders Equity | 52,086.00 | 88,735.00 | 31,202.00 | 48,636.00 | 37,493.00 |
| Capital Stock | 1.00 | 1.00 | 0 | 5.00 | 4.00 |
| Share Premium | 783,235.00 | 780,044.00 | 698,937.00 | 688,156.00 | 603,685.00 |
| Retained Earnings | -731,170.00 | -691,336.00 | -662,735.00 | -639,525.00 | -566,196.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 20.00 | 26.00 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Investments | 41,590.00 | 62,633.00 | 0 | 0 | 1,027.00 |
| Debt | 99.00 | 214.00 | 0 | 349.00 | 34,784.00 |
| Common Shares Outstanding | 14,830.01 | 14,098.89 | 3,229.70 | 53,577.74 | 43,205.22 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 501.00 | 424.00 | 477.00 | 14,755.00 | 20,993.00 |
| Cost Of Revenue | 0 | 0 | 0 | 3,348.00 | 1,392.00 |
| Gross Profit | 0 | 0 | 0 | 11,407.00 | 19,601.00 |
| Operating Expenses | 0 | 0 | 0 | 79,439.00 | 272,147.00 |
| Selling, General and Administrative Expenses | 13,192.00 | 13,375.00 | 16,387.00 | 54,481.00 | 89,543.00 |
| Research and Development Expenses | 58,479.00 | 16,307.00 | 18,385.00 | 24,958.00 | 43,533.00 |
| Other Operating Expenses | 0 | 0 | 0 | 0.00 | 139,071.00 |
| Operating Income | -43,637.00 | -29,258.00 | -34,295.00 | -68,032.00 | -252,546.00 |
| Net Non-Operating Income | 3,834.00 | 1,386.00 | 363.00 | -79,522.00 | -259,106.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 5,610.00 | 4,390.00 |
| EBT | -39,803.00 | -27,872.00 | -33,932.00 | -147,554.00 | -511,652.00 |
| Income Tax | 4.00 | 0.00 | 13.00 | 448.00 | 258.00 |
| Net Income | -39,834.00 | -28,452.00 | -23,210.00 | -73,329.00 | -255,568.00 |
| EBIT | -39,803.00 | -27,872.00 | -33,932.00 | -141,944.00 | -507,262.00 |
| Deprecation and Amortization | 4.00 | 0.00 | 72.00 | 109.00 | 341.00 |
| EBITDA | -39,799.00 | 0 | -33,860.00 | -141,835.00 | -506,921.00 |
| EPS | -0.00 | -0.00 | -0.01 | 0.00 | 0 |
| Diluted EPS | -0.00 | -0.00 | -0.01 | 0.00 | 0 |
| Average Shares Outstanding Basic | 42,589.00 | 10,273.00 | 3,186.00 | 51,469.00 | 0 |
| Average Shares Outstanding Diluted | 42,589.00 | 10,273.00 | 3,186.00 | 51,469.00 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | -33,972.00 | -25,341.00 | -29,200.00 | -56,367.00 | -137,082.00 |
| Operating Net Income | -119,502.00 | -28,452.00 | -23,210.00 | -73,329.00 | -255,568.00 |
| Deprecation and Amortization | 4.00 | 0 | 72.00 | 109.00 | 341.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 3,303.00 | 3,305.00 | 3,945.00 | 8,080.00 | 18,100.00 |
| Change in Working Capital | 6,797.00 | -750.00 | -9,127.00 | -12,550.00 | 14,383.00 |
| Other Operating Activities | 75,426.00 | 556.00 | -880.00 | 21,323.00 | 85,662.00 |
| Investing Cash Flow | 23,365.00 | -57,354.00 | 15,667.00 | 1,027.00 | 89,107.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 117.00 | 0 | 0 | 0 | 113.00 |
| Net Purchase/Sale of Investments Net | 144,518.00 | 62,354.00 | 0 | 1,027.00 | 50,579.00 |
| Net Purchase/Sale of Business | 0 | 5,000.00 | 15,667.00 | 0 | 38,641.00 |
| Other Investing Activities | -121,270.00 | -124,708.00 | 0.00 | 0.00 | -226.00 |
| Financing Cash Flow | -141.00 | 82,394.00 | 1,653.00 | 39,777.00 | 61,808.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 36,432.00 | 0 |
| Net Issuance/Repurchase of Equity | 0 | 716.00 | 3,181.00 | 79,403.00 | 61,949.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -141.00 | 81,678.00 | -1,528.00 | -76,058.00 | -141.00 |
| Net Change in Cash | -10,748.00 | -301.00 | -11,880.00 | -15,563.00 | 13,833.00 |
| Cash at Beginning of Period | 30,674.00 | 30,975.00 | 42,855.00 | 58,418.00 | 44,585.00 |
| Cash at End of Period | 19,926.00 | 30,674.00 | 30,975.00 | 42,855.00 | 58,418.00 |
| 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 | 36,132.00 | 44,718.00 | 56,423.00 | 66,905.00 | 76,198.00 | 86,648.00 | 91,676.00 | 97,685.00 | 19,267.00 | 24,959.00 | 35,263.00 | 40,758.00 | 46,908.00 | 55,192.00 | 64,319.00 | 67,046.00 | 81,315.00 | 133,983.00 | 149,171.00 | 93,742.00 |
| Current Assets | 35,886.00 | 44,343.00 | 54,913.00 | 64,437.00 | 73,535.00 | 83,776.00 | 90,223.00 | 95,963.00 | 17,511.00 | 22,959.00 | 33,022.00 | 38,275.00 | 44,046.00 | 51,920.00 | 60,654.00 | 63,186.00 | 76,129.00 | 128,426.00 | 143,117.00 | 87,259.00 |
| Cash and Short-Term Investments | 32,700.00 | 39,647.00 | 50,272.00 | 61,516.00 | 70,232.00 | 78,147.00 | 86,004.00 | 93,307.00 | 15,502.00 | 20,701.00 | 30,280.00 | 31,000.00 | 35,577.00 | 42,800.00 | 51,100.00 | 42,900.00 | 52,900.00 | 104,000.00 | 120,400.00 | 59,400.00 |
| Cash and Cash Equivalents | 19,346.00 | 22,047.00 | 28,209.00 | 19,926.00 | 16,319.00 | 29,655.00 | 19,119.00 | 30,674.00 | 15,502.00 | 20,701.00 | 30,280.00 | 30,975.00 | 35,577.00 | 42,814.00 | 51,100.00 | 42,855.00 | 52,911.00 | 104,011.00 | 119,371.00 | 58,418.00 |
| Short-Term Investments | 13,354.00 | 17,600.00 | 22,063.00 | 41,590.00 | 53,913.00 | 48,492.00 | 66,885.00 | 62,633.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,027.00 | 1,027.00 |
| Net Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 250.00 | 234.00 | 105.00 | 173.00 | 471.00 | 304.00 | 535.00 | 7,583.00 | 10,084.00 | 10,868.00 | 10,755.00 | 15,819.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,291.00 | 8,070.00 | 8,279.00 | 8,092.00 | 7,404.00 |
| Other Current Assets | 3,186.00 | 4,696.00 | 4,641.00 | 2,921.00 | 3,303.00 | 5,629.00 | 4,219.00 | 2,656.00 | 1,759.00 | 2,024.00 | 2,637.00 | 7,102.00 | 7,998.00 | 8,816.00 | 9,019.00 | 5,412.00 | 5,075.00 | 5,279.00 | 3,870.00 | 4,636.00 |
| Non-Current Assets | 246.00 | 375.00 | 1,510.00 | 2,468.00 | 2,663.00 | 2,872.00 | 1,453.00 | 1,722.00 | 1,756.00 | 2,000.00 | 2,241.00 | 2,483.00 | 2,862.00 | 3,272.00 | 3,665.00 | 3,860.00 | 5,186.00 | 5,557.00 | 6,054.00 | 6,483.00 |
| Property, Plant, Equipment Net | 96.00 | 134.00 | 169.00 | 206.00 | 122.00 | 151.00 | 180.00 | 207.00 | 0 | 0 | 0 | 0 | 127.00 | 298.00 | 310.00 | 354.00 | 1,508.00 | 1,726.00 | 1,936.00 | 2,138.00 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 150.00 | 241.00 | 1,341.00 | 2,262.00 | 2,541.00 | 2,721.00 | 1,273.00 | 1,515.00 | 0 | 0 | 0 | 0 | 2,735.00 | 2,974.00 | 3,355.00 | 3,506.00 | 3,678.00 | 3,831.00 | 4,118.00 | 4,345.00 |
| Liabilities | 4,044.00 | 5,836.00 | 12,291.00 | 14,819.00 | 12,661.00 | 11,779.00 | 8,306.00 | 8,950.00 | 7,762.00 | 7,687.00 | 8,832.00 | 9,345.00 | 6,839.00 | 6,835.00 | 8,588.00 | 18,410.00 | 22,429.00 | 59,090.00 | 56,270.00 | 56,249.00 |
| Current Liabilities | 4,044.00 | 5,836.00 | 12,291.00 | 14,819.00 | 12,661.00 | 11,754.00 | 6,930.00 | 7,538.00 | 6,449.00 | 6,374.00 | 7,519.00 | 0 | 0 | 0 | 0 | 18,410.00 | 20,997.00 | 57,620.00 | 21,549.00 | 21,453.00 |
| Payables and Expenses | 2,907.00 | 5,811.00 | 10,915.00 | 13,407.00 | 11,225.00 | 10,321.00 | 6,813.00 | 7,423.00 | 6,449.00 | 6,374.00 | 7,313.00 | 9,139.00 | 6,631.00 | 6,548.00 | 8,255.00 | 17,855.00 | 20,616.00 | 23,707.00 | 20,798.00 | 20,592.00 |
| Account Payables | 1,197.00 | 1,414.00 | 3,534.00 | 2,707.00 | 3,986.00 | 4,516.00 | 2,795.00 | 1,659.00 | 716.00 | 1,159.00 | 2,214.00 | 2,386.00 | 2,523.00 | 1,431.00 | 3,612.00 | 6,510.00 | 7,621.00 | 10,080.00 | 3,490.00 | 4,780.00 |
| Current Accrued Liabilities | 1,710.00 | 4,397.00 | 7,381.00 | 10,700.00 | 7,239.00 | 5,805.00 | 4,018.00 | 5,764.00 | 5,733.00 | 5,215.00 | 5,099.00 | 6,753.00 | 4,108.00 | 5,117.00 | 4,643.00 | 11,345.00 | 12,995.00 | 13,627.00 | 17,308.00 | 15,812.00 |
| Short-Term Debt | 0 | 25.00 | 63.00 | 99.00 | 123.00 | 120.00 | 117.00 | 115.00 | 0 | 0 | 0 | 0 | 0 | 31.00 | 117.00 | 349.00 | 277.00 | 33,809.00 | 647.00 | 757.00 |
| Other Current Liabilities | 0 | 0.00 | 1,313.00 | 1,313.00 | 1,313.00 | 1,313.00 | 0.00 | 0.00 | 0.00 | 0.00 | 206.00 | 0 | 0 | 0 | 0 | 206.00 | 104.00 | 104.00 | 104.00 | 104.00 |
| Non-Current Liabilities | 0 | 0.00 | 0.00 | 0.00 | 0.00 | 25.00 | 1,376.00 | 1,412.00 | 1,313.00 | 1,313.00 | 1,313.00 | 0 | 0 | 0 | 0 | 0.00 | 1,432.00 | 1,470.00 | 34,721.00 | 34,796.00 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 25.00 | 63.00 | 99.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 775.00 | 812.00 | 34,058.00 | 34,027.00 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0.00 | 1,313.00 | 1,313.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 657.00 | 658.00 | 663.00 | 769.00 |
| Equity | 32,088.00 | 38,882.00 | 44,132.00 | 52,086.00 | 63,537.00 | 74,869.00 | 83,370.00 | 88,735.00 | 11,505.00 | 17,272.00 | 26,431.00 | 31,413.00 | 40,069.00 | 48,357.00 | 55,731.00 | 48,636.00 | 58,886.00 | 74,893.00 | 92,901.00 | 37,493.00 |
| Shareholders Equity | 32,088.00 | 38,882.00 | 44,132.00 | 52,086.00 | 63,537.00 | 74,869.00 | 83,370.00 | 88,735.00 | 11,505.00 | 17,272.00 | 26,431.00 | 31,202.00 | 40,069.00 | 48,357.00 | 55,731.00 | 48,636.00 | 58,886.00 | 74,893.00 | 92,901.00 | 37,493.00 |
| Capital Stock | 3.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0 | 0 | 0 | 0 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 4.00 |
| Share Premium | 784,897.00 | 784,418.00 | 783,911.00 | 783,235.00 | 782,650.00 | 781,917.00 | 781,024.00 | 780,044.00 | 696,653.00 | 695,836.00 | 694,937.00 | 698,937.00 | 697,853.00 | 696,682.00 | 695,580.00 | 688,156.00 | 686,836.00 | 681,558.00 | 679,642.00 | 603,685.00 |
| Retained Earnings | -752,816.00 | -745,536.00 | -739,781.00 | -731,170.00 | -719,148.00 | -706,991.00 | -697,585.00 | -691,336.00 | -685,148.00 | -678,564.00 | -668,506.00 | -662,735.00 | -652,790.00 | -643,331.00 | -634,855.00 | -639,525.00 | -627,955.00 | -606,670.00 | -586,746.00 | -566,196.00 |
| 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 | 4.00 | -2.00 | 0 | 20.00 | 34.00 | -58.00 | -70.00 | 26.00 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 17,600.00 | 22,063.00 | 41,590.00 | 53,913.00 | 48,492.00 | 66,885.00 | 62,633.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,027.00 | 1,027.00 |
| Debt | 0 | 25.00 | 63.00 | 99.00 | 123.00 | 145.00 | 180.00 | 214.00 | 0 | 0 | 0 | 0 | 0 | 31.00 | 117.00 | 349.00 | 1,052.00 | 34,621.00 | 34,705.00 | 34,784.00 |
| Common Shares Outstanding | 31,772.90 | 19,773.78 | 15,959.49 | 14,830.01 | 14,751.43 | 14,536.12 | 14,301.69 | 14,098.89 | 3,304.78 | 3,282.48 | 3,271.28 | 3,229.70 | 58,035.83 | 58,005.62 | 57,908.49 | 53,577.74 | 53,510.60 | 51,511.85 | 51,386.60 | 43,205.22 |
| 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 | 169.00 | 271.00 | 202.00 | -310.00 | 417.00 | 296.00 | 98.00 | -258.00 | 348.00 | 234.00 | 100.00 | -476.00 | 471.00 | 304.00 | 178.00 | -10,204.00 | 12,463.00 | 8,377.00 | 4,119.00 |
| Cost Of Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,094.00 | 2,445.00 | 1,396.00 | 601.00 |
| Interest Expense | 0 | 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 | -3,198.00 | 5,610.00 | 2,136.00 | 1,062.00 |
| Non-Interest Expense | 2,705.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,110.00 | 10,018.00 | 6,981.00 | 3,518.00 |
| Operating Expenses | 7,961.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -54,709.00 | 66,006.00 | 45,193.00 | 22,949.00 |
| Selling, General and Administrative Expenses | 2,705.00 | 6,005.00 | 3,275.00 | -7,658.00 | 10,022.00 | 7,058.00 | 3,770.00 | -5,815.00 | 9,490.00 | 6,460.00 | 3,240.00 | -9,428.00 | 12,676.00 | 8,722.00 | 4,417.00 | -40,869.00 | 46,283.00 | 32,451.00 | 16,616.00 |
| Research and Development Expenses | 5,256.00 | 20,229.00 | 11,222.00 | 22,495.00 | 21,262.00 | 11,014.00 | 3,708.00 | -9,678.00 | 13,284.00 | 9,967.00 | 2,734.00 | -8,733.00 | 14,106.00 | 8,560.00 | 4,452.00 | -13,840.00 | 19,723.00 | 12,742.00 | 6,333.00 |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -7,792.00 | -16,738.00 | -9,197.00 | 12,386.00 | -30,867.00 | -17,776.00 | -7,380.00 | 15,236.00 | -22,426.00 | -16,193.00 | -5,875.00 | 17,685.00 | -26,311.00 | -16,978.00 | -8,691.00 | 45,599.00 | -55,988.00 | -38,212.00 | -19,431.00 |
| Net Non-Operating Income | 366.00 | 2,388.00 | 594.00 | -2,519.00 | 3,074.00 | 2,140.00 | 1,139.00 | -126.00 | 706.00 | 543.00 | 263.00 | 190.00 | 127.00 | 49.00 | -3.00 | -70,370.00 | -5,771.00 | -2,262.00 | -1,119.00 |
| EBT | -7,426.00 | -14,350.00 | -8,603.00 | 9,867.00 | -27,793.00 | -15,636.00 | -6,241.00 | 15,110.00 | -21,720.00 | -15,650.00 | -5,612.00 | 17,875.00 | -26,184.00 | -16,929.00 | -8,694.00 | -24,771.00 | -61,759.00 | -40,474.00 | -20,550.00 |
| Income Tax | 0 | 0.00 | 0.00 | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.00 | 0.00 | 0.00 | 0.00 | 448.00 | 0.00 | 0.00 | 0.00 |
| Net Income Including Non-Controlling Interests | -7,280.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | -7,280.00 | -14,366.00 | -8,611.00 | 9,882.00 | -27,812.00 | -15,655.00 | -6,249.00 | 15,114.00 | -22,264.00 | -15,680.00 | -5,622.00 | -10,809.00 | -13,265.00 | -3,806.00 | 4,670.00 | 49,454.00 | -61,759.00 | -40,474.00 | -20,550.00 |
| EBIT | -7,792.00 | -14,350.00 | -8,603.00 | 9,867.00 | -27,793.00 | -15,636.00 | -6,241.00 | 15,110.00 | -21,720.00 | -15,650.00 | -5,612.00 | 17,875.00 | -26,184.00 | -16,929.00 | -8,694.00 | -27,969.00 | -56,149.00 | -38,338.00 | -19,488.00 |
| Deprecation and Amortization | 6.00 | 12.00 | 6.00 | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -255.00 | 227.00 | 56.00 | 44.00 | -56.00 | 83.00 | 55.00 | 27.00 |
| EBITDA | -7,786.00 | -14,338.00 | -8,597.00 | -39,799.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,620.00 | -25,957.00 | -16,873.00 | -8,650.00 | -28,025.00 | -56,066.00 | -38,283.00 | -19,461.00 |
| EPS | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -0.01 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | 0.00 | 0.00 | -0.00 | -0.00 | 0 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -0.01 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | 0.00 | 0.00 | -0.00 | -0.00 | 0 |
| Average Shares Outstanding Basic | 42,801.00 | 42,716.00 | 42,673.00 | 42,599.00 | 42,592.00 | 42,584.00 | 42,581.00 | 31,301.00 | 3,271.00 | 3,265.00 | 3,255.00 | -156,424.00 | 57,117.00 | 56,665.00 | 55,386.00 | 104,938.00 | 50,776.00 | 50,162.00 | 0 |
| Average Shares Outstanding Diluted | 42,801.00 | 42,716.00 | 42,673.00 | 42,599.00 | 42,592.00 | 42,584.00 | 42,581.00 | 31,301.00 | 3,271.00 | 3,265.00 | 3,255.00 | -156,424.00 | 57,117.00 | 56,665.00 | 55,386.00 | 104,938.00 | 50,776.00 | 50,162.00 | 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 | -7,096.00 | -22,264.00 | -11,461.00 | 15,446.00 | -24,973.00 | -16,463.00 | -7,982.00 | 15,393.00 | -20,204.00 | -15,052.00 | -5,478.00 | 24,300.00 | -25,325.00 | -18,200.00 | -9,975.00 | 31,341.00 | -46,349.00 | -28,808.00 | -12,551.00 |
| Operating Net Income | -7,280.00 | -43,098.00 | -25,833.00 | -69,786.00 | -27,812.00 | -15,655.00 | -6,249.00 | 15,114.00 | -22,264.00 | -15,680.00 | -5,622.00 | -10,809.00 | -13,265.00 | -3,806.00 | 4,670.00 | 49,454.00 | -61,759.00 | -40,474.00 | -20,550.00 |
| Deprecation and Amortization | 6.00 | 12.00 | 6.00 | 4.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -255.00 | 227.00 | 56.00 | 44.00 | -56.00 | 83.00 | 55.00 | 27.00 |
| 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 | 487.00 | 1,292.00 | 763.00 | -2,156.00 | 2,604.00 | 1,870.00 | 985.00 | -1,878.00 | 2,595.00 | 1,732.00 | 856.00 | -1,882.00 | 2,878.00 | 1,704.00 | 1,245.00 | -5,453.00 | 6,748.00 | 4,343.00 | 2,442.00 |
| Change in Working Capital | -159.00 | -9,276.00 | -1,759.00 | -6,123.00 | 5,308.00 | 6,964.00 | 648.00 | 4,553.00 | -2,569.00 | -2,154.00 | -580.00 | 48,048.00 | -20,501.00 | -19,697.00 | -16,977.00 | -596.00 | -5,652.00 | -1,008.00 | -5,294.00 |
| Other Operating Activities | -150.00 | 28,806.00 | 15,362.00 | 93,507.00 | -5,073.00 | -9,642.00 | -3,366.00 | -2,396.00 | 2,034.00 | 1,050.00 | -132.00 | -10,802.00 | 5,336.00 | 3,543.00 | 1,043.00 | -12,008.00 | 14,231.00 | 8,276.00 | 10,824.00 |
| Investing Cash Flow | 4,402.00 | 24,506.00 | 19,831.00 | 856.00 | 10,627.00 | 15,451.00 | -3,569.00 | -72,354.00 | 5,000.00 | 5,000.00 | 5,000.00 | -34,311.00 | 16,602.00 | 16,688.00 | 16,688.00 | -1,027.00 | 1,027.00 | 1,027.00 | 0 |
| Capital Expenditure | 0 | 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 | 0 | 0 | 0 | 117.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 4,402.00 | 71,194.00 | 47,369.00 | -53,373.00 | 111,573.00 | 59,549.00 | 26,769.00 | 62,354.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,027.00 | 1,027.00 | 1,027.00 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,000.00 | 5,000.00 | 5,000.00 | 5,000.00 | -34,311.00 | 16,602.00 | 16,688.00 | 16,688.00 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | -46,688.00 | -27,538.00 | 54,112.00 | -100,946.00 | -44,098.00 | -30,338.00 | -124,708.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0 |
| Financing Cash Flow | -7.00 | -121.00 | -87.00 | -121.00 | -9.00 | -7.00 | -4.00 | 83,102.00 | -269.00 | -222.00 | -217.00 | -2,795.00 | 1,445.00 | 1,471.00 | 1,532.00 | -146,915.00 | 39,815.00 | 73,374.00 | 73,503.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.00 | 36,432.00 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,432.00 | 716.00 | 716.00 | 716.00 | -5,918.00 | 2,971.00 | 2,971.00 | 3,157.00 | -143,721.00 | 76,247.00 | 73,374.00 | 73,503.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | -121.00 | -87.00 | -121.00 | -9.00 | -7.00 | -4.00 | 84,534.00 | -985.00 | -938.00 | -933.00 | 3,123.00 | -1,526.00 | -1,500.00 | -1,625.00 | -3,194.00 | -72,864.00 | 0.00 | 0.00 |
| Net Change in Cash | -2,701.00 | 2,121.00 | 8,283.00 | 16,181.00 | -14,355.00 | -1,019.00 | -11,555.00 | 26,141.00 | -15,473.00 | -10,274.00 | -695.00 | -12,806.00 | -7,278.00 | -41.00 | 8,245.00 | -116,601.00 | -5,507.00 | 45,593.00 | 60,952.00 |
| Cash at Beginning of Period | 22,047.00 | 19,926.00 | 19,926.00 | 3,745.00 | 30,674.00 | 30,674.00 | 30,674.00 | 4,533.00 | 30,975.00 | 30,975.00 | 30,995.00 | 43,781.00 | 42,878.00 | 42,855.00 | 42,855.00 | 159,456.00 | 58,418.00 | 58,418.00 | 58,419.00 |
| Cash at End of Period | 19,346.00 | 22,047.00 | 28,209.00 | 19,926.00 | 16,319.00 | 29,655.00 | 19,119.00 | 30,674.00 | 15,502.00 | 20,701.00 | 30,300.00 | 30,975.00 | 35,600.00 | 42,814.00 | 51,100.00 | 42,855.00 | 52,911.00 | 104,011.00 | 119,371.00 |
| Free Cash Flow | -7,096.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |