Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -4.94 -1.49 -0.87 -6.92
Price to Sales 1.34 0.67 0.90 3.85 3.98
Book Value Per Common Share 0.54 1.33 2.57 5.25 3.31
Price to Book 7.58 1.49 0.94 2.21 3.99
Price to Operating Cash Flow -5.62 -2.43 -1.28 -9.16 -11.86
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 -15.05 -17.02 -17.95 -4.90 -5.20 -8.37 -2.35 -4.03 -5.52 -1.40 -4.13 -13.38 -10.71 -17.85
Price to Sales 4.59 4.23 4.30 1.33 1.12 1.98 1.10 2.01 3.79 1.41 5.05 13.13 5.97 9.59 27.98
Book Value Per Common Share 0.81 0.96 0.36 0.54 0.73 1.01 1.15 1.33 1.62 1.89 2.14 2.57 3.45 3.95 4.69 5.25 5.62 5.98 6.00 3.31
Price to Book 13.64 7.30 10.06 7.58 4.21 1.80 1.38 1.49 1.49 1.53 1.14 0.94 0.79 1.45 1.71 2.21 2.42 2.51 2.92 3.99
Price to Operating Cash Flow -21.62 -10.21 -6.24 -4.11 -2.87 -3.16 -1.87 -2.56 -4.37 -1.75 -4.95 -15.91 -14.95 -25.57 -68.68
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 5.89 15.33 -5.66 15.07
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 52.73 111.00 42.43 104.50 52.89 125.89 69.07 86.22 52.45 120.64
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1.21 2.06 3.65 6.23 4.54
Quick Ratio 2.21 3.62 7.12 11.71 7.57
Current Ratio 2.70 4.02 7.55 12.10 8.04
Debt to Equity 0.65 1.51 1.03 0.45 0.87
Long-Term Debt to Equity 0.40 0.98 0.80 0.34 0.66
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 1.71 1.51 0.60 1.25 1.22 1.36 1.52 2.14 1.61 1.79 2.98 3.77 4.03 4.49 5.28 6.15 6.83 7.53 6.97 4.54
Quick Ratio 3.63 4.30 1.85 2.21 3.58 3.83 4.35 3.62 4.50 5.54 6.63 7.12 7.00 8.98 8.47 11.71 14.33 14.68 16.02 7.57
Current Ratio 4.08 4.95 2.32 2.70 4.05 4.32 4.83 4.02 4.83 5.96 7.09 7.55 7.24 9.30 8.72 12.10 14.62 15.07 16.41 8.04
Debt to Equity 0.55 0.47 0.73 0.65 2.39 1.80 1.54 1.51 1.22 1.01 1.20 1.03 0.81 0.68 0.60 0.45 0.41 0.38 0.36 0.87
Long-Term Debt to Equity 0.39 0.34 0.43 0.40 1.71 1.27 1.10 0.98 0.85 0.74 0.95 0.80 0.61 0.53 0.45 0.34 0.32 0.30 0.28 0.66

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -16.91 -41.60 -54.96 -21.75 -21.29
ROE -27.87 -104.38 -111.60 -31.61 -39.88
Gross Margin 59.51 56.06 46.86 57.37 60.55
Operating Margin
EBITDA Margin
Net Profit Margin -27.17 -45.08 -104.00 -55.59 -39.75
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 -12.16 -6.97 -4.66 -26.04 -12.83 -6.61 -29.73 -19.79 -9.70 -32.51 -21.89 -8.42 -15.49 -9.47 -4.51
ROE -18.88 -10.26 -8.03 -88.23 -35.97 -16.81 -65.87 -39.81 -21.39 -58.79 -36.74 -13.49 -21.80 -13.09 -6.12
Gross Margin 59.25 59.69 58.87 58.67 59.89 59.65 54.95 53.63 47.23 45.29 38.55 44.04 56.05 56.50 55.50
Operating Margin
EBITDA Margin
Net Profit Margin -30.59 -25.05 -24.21 -27.04 -21.46 -23.31 -46.71 -50.07 -68.46 -100.94 -121.83 -98.83 -55.60 -54.02 -58.65

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 89,389.00 56,944.00 86,221.00 123,445.00 78,375.00
   Current Assets 36,455.00 47,841.00 72,611.00 112,734.00 70,517.00
      Cash and Short-Term Investments 22,036.00 36,493.00 62,391.00 99,442.00 57,448.00
            Cash and Cash Equivalents 22,036.00 36,493.00 62,391.00 99,442.00 57,448.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 7,835.00 6,551.00 6,077.00 9,654.00 8,910.00
      Inventory 0 0 0 0 0
      Other Current Assets 6,584.00 4,797.00 4,143.00 3,638.00 4,159.00
   Non-Current Assets 52,934.00 9,103.00 13,610.00 10,711.00 7,858.00
      Property, Plant, Equipment Net 7,684.00 8,487.00 13,082.00 4,772.00 2,102.00
      Goodwill 0 0 0 5,506.00 5,506.00
      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 45,250.00 616.00 528.00 433.00 250.00
Liabilities 35,149.00 34,250.00 43,761.00 38,509.00 36,536.00
   Current Liabilities 13,506.00 11,902.00 9,623.00 9,318.00 8,771.00
      Payables and Expenses 11,987.00 10,662.00 8,393.00 9,318.00 8,771.00
            Account Payables 4,137.00 3,131.00 3,046.00 2,492.00 3,014.00
            Current Accrued Liabilities 7,850.00 7,531.00 5,347.00 6,826.00 5,757.00
      Short-Term Debt 1,519.00 1,240.00 1,230.00 0 0
      Other Current Liabilities 0.00 0.00 0.00 0.00 0.00
   Non-Current Liabilities 21,643.00 22,348.00 34,138.00 29,191.00 27,765.00
      Long-Term Debt 39,986.00 40,191.00 33,271.00 27,478.00 26,659.00
      Other Non-Current Liabilities -18,343.00 -17,843.00 867.00 1,713.00 1,106.00
Equity 54,240.00 22,694.00 42,460.00 84,936.00 41,839.00
   Shareholders Equity 9,540.00 22,694.00 42,460.00 84,936.00 41,839.00
      Capital Stock 18.00 17.00 17.00 16.00 13.00
      Share Premium 303,853.00 301,893.00 297,970.00 293,060.00 223,115.00
      Retained Earnings -294,331.00 -279,216.00 -255,527.00 -208,140.00 -181,289.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0
   Minority Interest 0 0 0 0 0
Debt 41,505.00 41,431.00 34,501.00 27,478.00 26,659.00
Net Debt 19,469.00 4,938.00 0 0 0
Common Shares Outstanding 17,640.33 17,045.95 16,549.98 16,164.99 12,652.31
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 55,641.00 52,548.00 45,563.00 48,299.00 41,975.00
Cost Of Revenue 22,529.00 23,092.00 24,214.00 20,588.00 16,559.00
Gross Profit 33,112.00 29,456.00 21,349.00 27,711.00 25,416.00
Operating Expenses 46,748.00 52,293.00 67,400.00 51,778.00 40,601.00
   Selling, General and Administrative Expenses 41,373.00 47,428.00 52,018.00 44,541.00 37,033.00
   Research and Development Expenses 5,375.00 4,865.00 9,876.00 7,237.00 3,568.00
   Other Operating Expenses 0.00 0.00 5,506.00 0.00 0.00
Operating Income -13,636.00 -22,837.00 -46,051.00 -24,067.00 -15,185.00
Interest Income 3,001.00 3,851.00 3,278.00 0 0
Interest Expense 2,234.00 2,335.00 2,448.00 2,625.00 2,565.00
Net Interest 767.00 1,516.00 830.00 0 0
EBT 0 0 0 0 0
Income Tax 12.00 33.00 282.00 175.00 79.00
Net Income -15,115.00 -23,689.00 -47,387.00 -26,851.00 -16,687.00
Deprecation and Amortization 1,724.00 2,168.00 1,557.00 948.00 546.00
EPS -0.00 -0.00 -0.00 -0.00 0
Diluted EPS -0.00 -0.00 -0.00 -0.00 0
Average Shares Outstanding Basic 18,203.04 17,679.47 17,082.35 15,972.26 0
Average Shares Outstanding Diluted 18,203.04 17,679.47 17,082.35 15,972.26 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -13,279.00 -14,462.00 -32,144.00 -20,269.00 -14,084.00
   Operating Net Income -45,345.00 -23,689.00 -47,387.00 -26,851.00 -16,687.00
   Deprecation and Amortization 1,724.00 2,168.00 1,557.00 948.00 546.00
   Deferred Income Tax 0 0 -306.00 148.00 -106.00
   Share Based Compensation 1,763.00 3,617.00 4,704.00 4,728.00 2,694.00
   Change in Working Capital 553.00 -368.00 -3,483.00 256.00 4,196.00
   Other Operating Activities 28,026.00 3,810.00 12,771.00 502.00 -4,727.00
Investing Cash Flow -515.00 -804.00 -4,318.00 -2,420.00 -455.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 515.00 852.00 4,318.00 2,420.00 455.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -1,030.00 -1,656.00 -8,636.00 -4,840.00 -910.00
Financing Cash Flow -663.00 -10,632.00 -489.00 64,683.00 -97.00
   Net Issuance/Repayment of Debt 861.00 10,938.00 696.00 0 0
   Net Issuance/Repurchase of Equity 198.00 306.00 446.00 69,655.00 173.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -1,722.00 -21,876.00 -1,631.00 -4,972.00 -270.00
Net Change in Cash -14,457.00 -25,898.00 -36,951.00 41,994.00 -14,636.00
   Cash at Beginning of Period 36,693.00 62,591.00 99,542.00 57,548.00 72,184.00
   Cash at End of Period 22,236.00 36,693.00 62,591.00 99,542.00 57,548.00
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 125,623.00 117,560.00 80,594.00 89,389.00 43,605.00 49,307.00 50,808.00 56,944.00 60,928.00 64,178.00 79,234.00 86,221.00 101,597.00 107,724.00 122,044.00 123,445.00 127,772.00 133,323.00 137,522.00 78,375.00
   Current Assets 52,589.00 50,986.00 32,505.00 36,455.00 35,557.00 40,794.00 42,400.00 47,841.00 48,908.00 51,271.00 65,716.00 72,611.00 82,060.00 89,039.00 103,636.00 112,734.00 118,381.00 124,528.00 129,369.00 70,517.00
      Cash and Short-Term Investments 35,652.00 30,033.00 11,194.00 22,036.00 22,035.00 24,479.00 27,267.00 36,493.00 28,448.00 31,466.00 52,184.00 62,391.00 68,704.00 76,387.00 89,751.00 99,442.00 106,766.00 112,576.00 118,050.00 57,448.00
            Cash and Cash Equivalents 35,652.00 30,033.00 11,194.00 22,036.00 22,035.00 24,479.00 27,267.00 36,493.00 28,448.00 31,466.00 52,184.00 62,391.00 68,704.00 76,387.00 89,751.00 99,442.00 106,766.00 112,576.00 118,050.00 57,448.00
            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 11,092.00 14,272.00 14,728.00 7,835.00 9,387.00 11,703.00 10,901.00 6,551.00 17,044.00 16,235.00 9,303.00 6,077.00 10,639.00 9,590.00 10,911.00 9,654.00 9,210.00 8,780.00 8,221.00 8,910.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 5,845.00 6,681.00 6,583.00 6,584.00 4,135.00 4,612.00 4,232.00 4,797.00 3,416.00 3,570.00 4,229.00 4,143.00 2,717.00 3,062.00 2,974.00 3,638.00 2,405.00 3,172.00 3,098.00 4,159.00
   Non-Current Assets 73,034.00 66,574.00 48,089.00 52,934.00 8,048.00 8,513.00 8,408.00 9,103.00 12,020.00 12,907.00 13,518.00 13,610.00 19,537.00 18,685.00 18,408.00 10,711.00 9,391.00 8,795.00 8,153.00 7,858.00
      Property, Plant, Equipment Net 9,179.00 6,511.00 7,193.00 7,684.00 7,485.00 8,000.00 7,847.00 8,487.00 11,382.00 12,287.00 12,915.00 13,082.00 13,445.00 12,554.00 12,201.00 4,772.00 3,446.00 3,054.00 2,378.00 2,102.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 5,506.00 5,506.00 5,506.00 5,506.00 5,506.00 5,506.00 5,506.00 5,506.00
      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 63,855.00 60,063.00 40,896.00 45,250.00 563.00 513.00 561.00 616.00 638.00 620.00 603.00 528.00 586.00 625.00 701.00 433.00 439.00 235.00 269.00 250.00
Liabilities 44,685.00 37,726.00 33,891.00 35,149.00 30,737.00 31,722.00 30,817.00 34,250.00 33,424.00 32,276.00 43,297.00 43,761.00 45,411.00 43,544.00 45,888.00 38,509.00 36,969.00 36,943.00 36,052.00 36,536.00
   Current Liabilities 12,890.00 10,295.00 13,995.00 13,506.00 8,777.00 9,446.00 8,783.00 11,902.00 10,119.00 8,603.00 9,268.00 9,623.00 11,332.00 9,573.00 11,884.00 9,318.00 8,096.00 8,265.00 7,884.00 8,771.00
      Payables and Expenses 9,243.00 7,452.00 9,457.00 11,987.00 7,282.00 7,988.00 7,510.00 10,662.00 8,720.00 7,242.00 7,942.00 8,393.00 10,323.00 8,594.00 10,935.00 9,318.00 8,096.00 8,265.00 7,884.00 8,771.00
            Account Payables 3,559.00 2,510.00 4,509.00 4,137.00 1,105.00 2,330.00 1,470.00 3,131.00 1,657.00 1,309.00 1,878.00 3,046.00 3,669.00 3,105.00 4,214.00 2,492.00 1,512.00 2,450.00 2,170.00 3,014.00
            Current Accrued Liabilities 5,684.00 4,942.00 4,948.00 7,850.00 6,177.00 5,658.00 6,040.00 7,531.00 7,063.00 5,933.00 6,064.00 5,347.00 6,654.00 5,489.00 6,721.00 6,826.00 6,584.00 5,815.00 5,714.00 5,757.00
      Short-Term Debt 3,006.00 1,827.00 3,662.00 1,519.00 1,495.00 1,458.00 1,273.00 1,240.00 1,399.00 1,361.00 1,326.00 1,230.00 1,009.00 979.00 949.00 0 0 0 0 0
      Other Current Liabilities 641.00 1,016.00 876.00 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
   Non-Current Liabilities 31,795.00 27,431.00 19,896.00 21,643.00 21,960.00 22,276.00 22,034.00 22,348.00 23,305.00 23,673.00 34,029.00 34,138.00 34,079.00 33,971.00 34,004.00 29,191.00 28,873.00 28,678.00 28,168.00 27,765.00
      Long-Term Debt 25,161.00 23,377.00 19,774.00 39,986.00 21,775.00 22,057.00 21,766.00 40,191.00 22,821.00 23,076.00 33,303.00 33,271.00 32,774.00 32,855.00 32,935.00 27,478.00 27,288.00 27,073.00 26,864.00 26,659.00
      Other Non-Current Liabilities 6,634.00 4,054.00 122.00 -18,343.00 185.00 219.00 268.00 -17,843.00 484.00 597.00 726.00 867.00 1,305.00 1,116.00 1,069.00 1,713.00 1,585.00 1,605.00 1,304.00 1,106.00
Equity 80,938.00 79,834.00 46,703.00 54,240.00 12,868.00 17,585.00 19,991.00 22,694.00 27,504.00 31,902.00 35,937.00 42,460.00 56,186.00 64,180.00 76,156.00 84,936.00 90,803.00 96,380.00 101,470.00 41,839.00
   Shareholders Equity 18,138.00 21,034.00 6,403.00 9,540.00 12,868.00 17,585.00 19,991.00 22,694.00 27,504.00 31,902.00 35,937.00 42,460.00 56,186.00 64,180.00 76,156.00 84,936.00 90,803.00 96,380.00 101,470.00 41,839.00
      Capital Stock 23.00 22.00 18.00 18.00 18.00 17.00 17.00 17.00 17.00 17.00 17.00 17.00 16.00 16.00 16.00 16.00 16.00 16.00 17.00 13.00
      Share Premium 327,724.00 323,534.00 304,468.00 303,853.00 303,420.00 303,110.00 302,550.00 301,893.00 301,130.00 300,113.00 299,135.00 297,970.00 297,343.00 295,885.00 294,552.00 293,060.00 291,874.00 290,272.00 288,951.00 223,115.00
      Retained Earnings -309,609.00 -302,522.00 -298,083.00 -294,331.00 -290,570.00 -285,542.00 -282,576.00 -279,216.00 -273,643.00 -268,228.00 -263,215.00 -255,527.00 -241,173.00 -231,721.00 -218,412.00 -208,140.00 -201,087.00 -193,908.00 -187,498.00 -181,289.00
      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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Debt 28,167.00 25,204.00 23,436.00 41,505.00 23,270.00 23,515.00 23,039.00 41,431.00 24,220.00 24,437.00 34,629.00 34,501.00 33,783.00 33,834.00 33,884.00 27,478.00 27,288.00 27,073.00 26,864.00 26,659.00
Net Debt 0 0 12,242.00 19,469.00 1,235.00 0 0 4,938.00 0 0 0 0 0 0 0 0 0 0 0 0
Common Shares Outstanding 22,510.31 21,998.74 17,950.03 17,640.33 17,520.33 17,381.58 17,317.94 17,045.95 16,931.89 16,858.19 16,827.01 16,549.98 16,305.48 16,258.81 16,231.20 16,164.99 16,164.23 16,126.78 16,925.68 12,652.31
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 49,944.00 32,700.00 15,498.00 -30,239.00 41,986.00 29,479.00 14,415.00 -22,832.00 38,783.00 25,367.00 11,230.00 -16,913.00 32,726.00 19,356.00 10,394.00 -21,257.00 35,610.00 23,359.00 10,587.00
Cost Of Revenue 20,351.00 13,182.00 6,375.00 -12,464.00 17,351.00 11,825.00 5,817.00 -12,068.00 17,472.00 11,762.00 5,926.00 -11,403.00 17,905.00 11,895.00 5,817.00 -9,934.00 15,649.00 10,162.00 4,711.00
Gross Profit 29,593.00 19,518.00 9,123.00 -17,775.00 24,635.00 17,654.00 8,598.00 -10,764.00 21,311.00 13,605.00 5,304.00 -5,510.00 14,821.00 7,461.00 4,577.00 -11,323.00 19,961.00 13,197.00 5,876.00
Operating Expenses 38,688.00 25,513.00 12,488.00 -22,985.00 34,888.00 23,244.00 11,601.00 -25,944.00 39,001.00 26,226.00 13,010.00 -23,085.00 46,381.00 29,848.00 14,256.00 -21,945.00 37,774.00 24,506.00 11,443.00
   Selling, General and Administrative Expenses 34,191.00 22,746.00 11,204.00 -21,344.00 31,169.00 21,006.00 10,542.00 -23,505.00 35,212.00 23,837.00 11,884.00 -24,395.00 39,206.00 25,055.00 12,152.00 -19,449.00 32,739.00 21,211.00 10,040.00
   Research and Development Expenses 4,497.00 2,767.00 1,284.00 -1,641.00 3,719.00 2,238.00 1,059.00 -2,439.00 3,789.00 2,389.00 1,126.00 -4,196.00 7,175.00 4,793.00 2,104.00 -2,496.00 5,035.00 3,295.00 1,403.00
   Other Operating Expenses 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5,506.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Income -9,095.00 -5,995.00 -3,365.00 5,210.00 -10,253.00 -5,590.00 -3,003.00 15,180.00 -17,690.00 -12,621.00 -7,706.00 17,575.00 -31,560.00 -22,387.00 -9,679.00 10,622.00 -17,813.00 -11,309.00 -5,567.00
Interest Income 3,234.00 1,912.00 703.00 -1,463.00 2,241.00 1,482.00 741.00 2,557.00 0 0 1,294.00 3,278.00 0 0 0 0 0 0 0
Interest Expense 2,988.00 1,669.00 545.00 -1,095.00 1,671.00 1,109.00 549.00 -1,284.00 1,769.00 1,212.00 638.00 -1,176.00 1,822.00 1,204.00 598.00 -1,314.00 1,986.00 1,308.00 645.00
Net Interest 246.00 243.00 158.00 -368.00 570.00 373.00 192.00 860.00 0 0 656.00 830.00 0 0 0 0 0 0 0
EBT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Income Tax 38.00 37.00 0.00 12.00 0.00 0.00 0.00 33.00 0.00 0.00 0.00 282.00 0.00 0.00 0.00 175.00 0.00 0.00 0.00
Net Income -15,278.00 -8,191.00 -3,752.00 5,925.00 -11,354.00 -6,326.00 -3,360.00 14,816.00 -18,116.00 -12,701.00 -7,688.00 19,499.00 -33,033.00 -23,581.00 -10,272.00 11,775.00 -19,798.00 -12,619.00 -6,209.00
Deprecation and Amortization 1,518.00 906.00 440.00 -930.00 1,309.00 887.00 458.00 -1,102.00 1,661.00 1,056.00 553.00 -360.00 1,037.00 597.00 283.00 -302.00 656.00 407.00 187.00
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 -0.00 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 -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00 0.00 -0.00 -0.00 0
Average Shares Outstanding Basic 20,878.37 19,830.26 18,557.39 18,678.88 18,127.55 18,061.31 17,944.44 17,972.94 17,626.69 17,591.48 17,526.76 17,266.74 17,044.62 17,025.64 16,992.39 33,305.94 15,636.15 14,946.93 0
Average Shares Outstanding Diluted 20,878.37 19,830.26 18,557.39 18,678.88 18,127.55 18,061.31 17,944.44 17,972.94 17,626.69 17,591.48 17,526.76 17,266.74 17,044.62 17,025.64 16,992.39 33,305.94 15,636.15 14,946.93 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 -10,612.00 -13,556.00 -10,671.00 20,869.00 -13,642.00 -11,466.00 -9,040.00 38,001.00 -22,811.00 -19,903.00 -9,749.00 22,568.00 -26,410.00 -19,728.00 -8,574.00 7,027.00 -14,222.00 -8,762.00 -4,312.00
   Operating Net Income -15,278.00 -8,191.00 -11,256.00 -24,305.00 -11,354.00 -6,326.00 -3,360.00 14,816.00 -18,116.00 -12,701.00 -7,688.00 19,499.00 -33,033.00 -23,581.00 -10,272.00 11,775.00 -19,798.00 -12,619.00 -6,209.00
   Deprecation and Amortization 1,518.00 906.00 440.00 -930.00 1,309.00 887.00 458.00 -1,102.00 1,661.00 1,056.00 553.00 -360.00 1,037.00 597.00 283.00 -302.00 656.00 407.00 187.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 -306.00 0 0 0 148.00 0 0 0
   Share Based Compensation 1,453.00 860.00 417.00 -1,233.00 1,330.00 1,113.00 553.00 -2,187.00 2,854.00 1,964.00 986.00 -3,610.00 4,122.00 2,816.00 1,376.00 -1,932.00 3,551.00 2,197.00 912.00
   Change in Working Capital 1,318.00 4,777.00 6,932.00 -5,652.00 38.00 3,755.00 2,412.00 -19,004.00 8,898.00 8,003.00 1,735.00 -7,476.00 1,533.00 506.00 1,954.00 2,526.00 -618.00 -219.00 -1,433.00
   Other Operating Activities 377.00 -11,908.00 -7,204.00 52,989.00 -4,965.00 -10,895.00 -9,103.00 45,478.00 -18,108.00 -18,225.00 -5,335.00 14,821.00 -69.00 -66.00 -1,915.00 -5,188.00 1,987.00 1,472.00 2,231.00
Investing Cash Flow -591.00 -316.00 -107.00 162.00 -369.00 -222.00 -86.00 1,030.00 -720.00 -718.00 -396.00 3,714.00 -3,912.00 -3,033.00 -1,087.00 -16.00 -1,356.00 -881.00 -167.00
   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 603.00 328.00 119.00 -162.00 369.00 222.00 86.00 -990.00 724.00 722.00 396.00 -3,714.00 3,912.00 3,033.00 1,087.00 16.00 1,356.00 881.00 167.00
   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 -1,194.00 -644.00 -226.00 324.00 -738.00 -444.00 -172.00 2,020.00 -1,444.00 -1,440.00 -792.00 7,428.00 -7,824.00 -6,066.00 -2,174.00 -32.00 -2,712.00 -1,762.00 -334.00
Financing Cash Flow 24,819.00 21,869.00 -64.00 210.00 -447.00 -326.00 -100.00 10,146.00 -10,412.00 -10,304.00 -62.00 151.00 -316.00 -294.00 -30.00 -130,065.00 64,896.00 64,771.00 65,081.00
   Net Issuance/Repayment of Debt 740.00 404.00 197.00 -418.00 645.00 430.00 204.00 -10,504.00 10,718.00 10,483.00 241.00 -230.00 477.00 303.00 146.00 0 0 0 0
   Net Issuance/Repurchase of Equity 22,461.00 18,976.00 198.00 -208.00 198.00 104.00 104.00 -358.00 306.00 179.00 179.00 -401.00 385.00 231.00 231.00 -138,752.00 69,646.00 69,398.00 69,363.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities 1,618.00 2,489.00 -459.00 836.00 -1,290.00 -860.00 -408.00 21,008.00 -21,436.00 -20,966.00 -482.00 782.00 -1,178.00 -828.00 -407.00 8,687.00 -4,750.00 -4,627.00 -4,282.00
Net Change in Cash 13,616.00 7,997.00 -10,842.00 21,241.00 -14,458.00 -12,014.00 -9,226.00 49,177.00 -33,943.00 -30,925.00 -10,207.00 26,433.00 -30,638.00 -23,055.00 -9,691.00 -123,054.00 49,318.00 55,128.00 60,602.00
   Cash at Beginning of Period 22,236.00 22,236.00 22,236.00 995.00 36,693.00 36,693.00 36,693.00 -12,484.00 62,591.00 62,591.00 62,591.00 36,158.00 99,542.00 99,542.00 99,542.00 222,596.00 57,548.00 57,548.00 57,548.00
   Cash at End of Period 35,852.00 30,233.00 11,394.00 22,236.00 22,235.00 24,679.00 27,467.00 36,693.00 28,648.00 31,666.00 52,384.00 62,591.00 68,904.00 76,487.00 89,851.00 99,542.00 106,866.00 112,676.00 118,150.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0