Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31
Price to Earnings -9.04 -6.04 4.12
Price to Sales 3.46 9.41 1.24
Book Value Per Common Share 4.91 6.63 7.82
Price to Book 2.98 1.57 1.01
Price to Operating Cash Flow -10.09 -6.05 3.56
Price to Free Cash Flow
Enterprise Value to EBITDA 33659.87
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
Price to Earnings -32.23 -46.48 -39.70 -9.65 -9.35 -25.05 -4.14 -7.65 -25.11 -2.15
Price to Sales 12.45 12.45 33.03 21.14 22.18 79.94 6.41 10.08 16.96 39.86
Book Value Per Common Share 4.26 4.47 4.67 4.91 5.27 5.73 6.20 6.63 6.25 6.63 7.39 7.82 2.91
Price to Book 4.01 2.81 2.55 2.98 2.38 1.48 1.70 1.57 1.01 1.30 1.22 1.01 2.11
Price to Operating Cash Flow -56.63 108.94 -262.91 -13.96 -10.36 -21.29 -3.27 -6.46 -7.25 -2.17
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31
Earning YoY
Revenue YoY 321.64 -81.57
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
Earning YoY
Revenue YoY 36.41 179.73 -88.51 54.66 191.85 17.47 61.50 256.17
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31
Cash Per Common Share 0.87 5.44 7.55
Quick Ratio 1.38 7.06 5.50
Current Ratio 3.40 7.41 5.70
Debt to Equity 0.37 0.25 0.32
Long-Term Debt to Equity 0.11 0.13 0.12
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
Cash Per Common Share 0.86 1.31 1.01 0.96 1.60 0.93 1.51 5.34 4.33 5.08 5.11 7.81 2.57
Quick Ratio 2.24 2.62 1.55 1.38 1.74 1.88 2.56 7.06 4.98 4.16 6.06 5.50 3.00
Current Ratio 6.94 7.69 4.71 3.40 4.10 7.01 6.92 7.41 5.14 4.49 6.33 5.70 3.30
Debt to Equity 0.24 0.22 0.31 0.37 0.33 0.27 0.26 0.25 0.31 0.34 0.27 0.32 0.67
Long-Term Debt to Equity 0.11 0.11 0.11 0.11 0.10 0.13 0.13 0.13 0.14 0.13 0.13 0.12 0.35

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31
ROA -26.49 -20.43 19.17
ROE -36.22 -25.53 25.22
Gross Margin
Operating Margin -36.38 -156.87 32.79
EBITDA Margin -32.89 -134.11 35.70
Net Profit Margin -38.28 -156.13 30.14
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
ROA -10.05 -4.98 -5.32 -20.36 -13.45 -5.72 -18.73 -12.54 -4.05 -61.64
ROE -12.47 -6.07 -6.97 -27.03 -17.07 -7.23 -24.55 -16.82 -5.14 -102.97
Gross Margin
Operating Margin -37.00 -26.38 -81.67 -218.28 -236.38 -314.84 -148.21 -126.11 -64.54 -1854.06
EBITDA Margin -28.20 -17.79 -69.48 -201.70 -219.84 -291.78 -127.54 -113.20 -56.39 -1807.73
Net Profit Margin -38.59 -26.79 -83.50 -219.09 -236.87 -315.58 -154.37 -131.41 -68.45 -1852.94

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31
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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31
Assets 463,091.00 580,880.00 648,725.00
   Current Assets 300,451.00 412,926.00 544,706.00
      Cash and Short-Term Investments 66,103.00 374,327.00 492,232.00
            Cash and Cash Equivalents 66,103.00 157,557.00 400,912.00
            Short-Term Investments 0 216,770.00 91,320.00
      Net Receivables 55,815.00 19,477.00 33,400.00
      Inventory 0 0 0
      Other Current Assets 178,533.00 19,122.00 19,074.00
   Non-Current Assets 162,640.00 167,954.00 104,019.00
      Property, Plant, Equipment Net 34,316.00 37,543.00 47,650.00
      Goodwill 12,016.00 12,016.00 12,016.00
      Intangible Assets 4,576.00 42,912.00 44,011.00
      Long-Term Investments 0 82,148.00 886.00
      Non-Current Deferred Assets 4,385.00 3,615.00 1,345.00
      Other Non-Current Assets 107,347.00 -10,280.00 -1,889.00
Liabilities 124,323.00 116,074.00 155,769.00
   Current Liabilities 88,294.00 55,763.00 95,625.00
      Payables and Expenses 59,838.00 45,032.00 87,468.00
            Account Payables 3,903.00 6,212.00 16,244.00
            Current Accrued Liabilities 128.00 1,811.00 840.00
      Short-Term Debt 2,740.00 4,261.00 3,322.00
      Other Current Liabilities 25,716.00 6,470.00 4,835.00
   Non-Current Liabilities 36,029.00 60,311.00 60,144.00
      Long-Term Debt 15,738.00 22,369.00 24,667.00
      Other Non-Current Liabilities 20,291.00 37,942.00 35,477.00
Equity 338,768.00 464,806.00 492,956.00
   Shareholders Equity 338,768.00 464,806.00 492,956.00
      Capital Stock 1,015,618.00 997,227.00 886,322.00
      Share Premium 152,249.00 142,274.00 151,614.00
      Retained Earnings -830,335.00 -677,437.00 -558,763.00
      Treasury Shares 0 0 0
      Accumulated Other Comprehensive Income -6,952.00 -6,603.00 -6,659.00
   Minority Interest 0 0 0
Investments 159,673.00 298,918.00 93,092.00
Debt 18,478.00 26,630.00 27,989.00
Common Shares Outstanding 68,964.32 70,116.00 63,059.50
Preferred Shares Outstanding 0.00 0.00 0.00
Breakdown 2024-12-31 2023-12-31 2022-12-31
Revenues 320,500.00 76,012.00 412,482.00
   Selling, General and Administrative Expenses 61,506.00 70,446.00 73,358.00
   Research and Development Expenses 169,195.00 146,023.00 210,989.00
Operating Income -232,335.00 -138,053.00 130,528.00
Net Non-Operating Income 115,724.00 18,811.00 4,706.00
Interest Expense 0.00 0.00 0.00
Net Interest 19,941.00 19,705.00 3,596.00
EBT -116,611.00 -119,242.00 135,234.00
Income Tax 6,084.00 568.00 10,893.00
Net Income -122,695.00 -118,674.00 124,341.00
EBIT -116,611.00 -119,242.00 135,234.00
Deprecation and Amortization 11,193.00 17,305.00 12,004.00
EBITDA -105,418.00 -101,937.00 147,238.00
EPS -0.00 -0.00 0.00
Diluted EPS -0.00 -0.00 0.00
Average Shares Outstanding Basic 75,846.68 68,863.01 65,194.78
Average Shares Outstanding Diluted 75,878.74 68,863.01 65,249.18
Breakdown 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow -110,044.00 -118,303.00 144,109.00
   Operating Net Income -368,085.00 -118,674.00 124,341.00
   Deprecation and Amortization 11,193.00 17,305.00 12,004.00
   Deferred Income Tax 691.00 -757.00 1,940.00
   Share Based Compensation 17,792.00 8,102.00 4,015.00
   Change in Working Capital 54,365.00 -57,559.00 44,107.00
   Other Operating Activities 174,000.00 33,280.00 -42,298.00
Investing Cash Flow 38,756.00 -207,253.00 -53,849.00
   Capital Expenditure 0.00 0.00 0.00
   Net Purchase/Sale of PPE 3,066.00 4,077.00 13,125.00
   Net Purchase/Sale of Investments Net 609,308.00 903,322.00 0
   Net Purchase/Sale of Business 0 0 0
   Other Investing Activities -573,618.00 -1,114,652.00 -66,974.00
Financing Cash Flow -20,452.00 81,847.00 108,582.00
   Net Issuance/Repayment of Debt 14.00 21.00 14.00
   Net Issuance/Repurchase of Equity 30,051.00 76,095.00 107,534.00
   Dividends Paid 0 0 0
   Other Financing Activities -50,517.00 5,731.00 1,034.00
Net Change in Cash -91,454.00 -243,355.00 199,045.00
   Cash at Beginning of Period 157,557.00 400,912.00 201,867.00
   Cash at End of Period 66,103.00 157,557.00 400,912.00
Free Cash Flow 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
Assets 397,269.00 408,385.00 425,522.00 463,091.00 487,152.00 515,634.00 553,752.00 580,880.00 556,366.00 602,054.00 600,743.00 648,725.00 300,263.00
   Current Assets 291,712.00 296,130.00 306,467.00 300,451.00 343,769.00 383,495.00 393,820.00 412,926.00 374,634.00 420,336.00 426,372.00 544,706.00 190,656.00
      Cash and Short-Term Investments 64,834.00 98,253.00 76,204.00 66,103.00 122,356.00 70,963.00 114,814.00 374,327.00 295,406.00 340,089.00 340,791.00 492,232.00 166,242.00
            Cash and Cash Equivalents 64,834.00 98,253.00 76,204.00 66,103.00 122,356.00 70,963.00 114,814.00 157,557.00 94,332.00 142,100.00 181,583.00 400,912.00 96,082.00
            Short-Term Investments 0 0 0 0 0 0 0 216,770.00 201,074.00 197,989.00 159,208.00 91,320.00 70,160.00
      Net Receivables 29,352.00 2,631.00 24,594.00 55,815.00 23,704.00 32,081.00 30,949.00 19,477.00 67,273.00 48,819.00 66,916.00 33,400.00 6,728.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 197,526.00 195,246.00 205,669.00 178,533.00 197,709.00 280,451.00 248,057.00 19,122.00 11,955.00 31,428.00 18,665.00 19,074.00 17,686.00
   Non-Current Assets 105,557.00 112,255.00 119,055.00 162,640.00 143,383.00 132,139.00 159,932.00 167,954.00 181,732.00 181,718.00 174,371.00 104,019.00 109,607.00
      Property, Plant, Equipment Net 32,467.00 32,574.00 33,408.00 34,316.00 35,688.00 35,749.00 36,039.00 37,543.00 38,761.00 43,171.00 45,814.00 47,650.00 49,281.00
      Goodwill 12,016.00 12,016.00 12,016.00 12,016.00 12,016.00 12,016.00 12,016.00 12,016.00 12,016.00 12,016.00 12,016.00 12,016.00 12,016.00
      Intangible Assets 1,397.00 2,045.00 3,362.00 4,576.00 6,407.00 7,454.00 42,679.00 42,912.00 43,259.00 42,653.00 43,331.00 44,011.00 44,277.00
      Long-Term Investments 0 0 0 0 0 0 0 82,148.00 95,674.00 92,235.00 72,474.00 886.00 886.00
      Non-Current Deferred Assets 4,862.00 4,769.00 4,849.00 4,385.00 4,206.00 3,945.00 3,704.00 3,615.00 1,315.00 1,359.00 1,405.00 1,345.00 3,028.00
      Other Non-Current Assets 54,815.00 60,851.00 65,420.00 107,347.00 85,066.00 72,975.00 65,494.00 -10,280.00 -9,293.00 -9,716.00 -669.00 -1,889.00 119.00
Liabilities 77,205.00 73,879.00 100,555.00 124,323.00 120,174.00 109,473.00 115,753.00 116,074.00 132,022.00 153,135.00 127,205.00 155,769.00 120,505.00
   Current Liabilities 42,043.00 38,502.00 65,103.00 88,294.00 83,909.00 54,713.00 56,890.00 55,763.00 72,847.00 93,546.00 67,319.00 95,625.00 57,706.00
      Payables and Expenses 34,430.00 31,003.00 38,223.00 59,838.00 51,707.00 44,420.00 47,434.00 45,032.00 67,789.00 69,919.00 59,250.00 87,468.00 52,271.00
            Account Payables 1,305.00 32.00 5,223.00 3,903.00 3,423.00 1,733.00 2,520.00 6,212.00 11,008.00 14,526.00 6,433.00 16,244.00 317.00
            Current Accrued Liabilities 1,016.00 102.00 127.00 128.00 2,071.00 1,934.00 1,861.00 1,811.00 831.00 1,158.00 840.00 840.00 9,364.00
      Short-Term Debt 3,400.00 3,586.00 3,258.00 2,740.00 2,943.00 2,839.00 4,155.00 4,261.00 3,841.00 3,645.00 3,372.00 3,322.00 4,605.00
      Other Current Liabilities 4,213.00 3,913.00 23,622.00 25,716.00 29,259.00 7,454.00 5,301.00 6,470.00 1,217.00 19,982.00 4,697.00 4,835.00 830.00
   Non-Current Liabilities 35,162.00 35,377.00 35,452.00 36,029.00 36,265.00 54,760.00 58,863.00 60,311.00 59,175.00 59,589.00 59,886.00 60,144.00 62,799.00
      Long-Term Debt 15,504.00 15,092.00 15,174.00 15,738.00 17,274.00 17,192.00 20,977.00 22,369.00 22,408.00 23,488.00 23,847.00 24,667.00 25,334.00
      Other Non-Current Liabilities 19,658.00 20,285.00 20,278.00 20,291.00 18,991.00 37,568.00 37,886.00 37,942.00 36,767.00 36,101.00 36,039.00 35,477.00 37,465.00
Equity 320,064.00 334,506.00 324,967.00 338,768.00 366,978.00 406,161.00 437,999.00 464,806.00 424,344.00 448,919.00 473,538.00 492,956.00 179,758.00
   Shareholders Equity 320,064.00 334,506.00 324,967.00 338,768.00 366,978.00 406,161.00 437,999.00 464,806.00 424,344.00 448,919.00 473,538.00 492,956.00 179,758.00
      Capital Stock 1,092,929.00 1,074,079.00 1,021,950.00 1,015,618.00 1,014,327.00 1,005,310.00 1,003,481.00 997,227.00 932,138.00 929,396.00 900,490.00 886,322.00 885,349.00
      Share Premium 111,489.00 109,243.00 154,216.00 152,249.00 148,296.00 147,343.00 143,144.00 142,274.00 154,114.00 152,257.00 152,677.00 151,614.00 169,262.00
      Retained Earnings -886,472.00 -850,654.00 -852,971.00 -830,335.00 -797,834.00 -746,776.00 -709,090.00 -677,437.00 -662,955.00 -634,268.00 -583,116.00 -558,763.00 -868,194.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -6,050.00 -6,340.00 -6,406.00 -6,952.00 -5,999.00 -7,904.00 -7,724.00 -6,603.00 -8,298.00 -7,813.00 -5,939.00 -6,659.00 -6,659.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 187,099.00 183,126.00 189,083.00 159,673.00 174,844.00 0 0 298,918.00 296,748.00 290,224.00 231,682.00 93,092.00 71,046.00
Debt 18,904.00 18,678.00 18,432.00 18,478.00 20,217.00 20,031.00 25,132.00 26,630.00 26,249.00 27,133.00 27,219.00 27,989.00 29,939.00
Common Shares Outstanding 75,139.28 74,846.15 69,584.81 68,964.32 69,584.88 70,831.54 70,677.11 70,116.00 67,922.56 67,687.38 64,083.77 63,059.50 61,694.39
Preferred Shares Outstanding 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
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 2022-09-30
Revenues 103,450.00 75,836.00 27,110.00 235,924.00 45,273.00 29,273.00 10,030.00 -84,521.00 67,496.00 57,459.00 35,578.00 9,989.00
   Selling, General and Administrative Expenses 46,082.00 31,936.00 16,985.00 -31,074.00 45,321.00 31,469.00 15,790.00 -40,779.00 55,623.00 38,655.00 16,947.00 43,227.00
   Research and Development Expenses 105,765.00 70,187.00 35,738.00 -56,184.00 114,845.00 78,492.00 32,042.00 -103,304.00 118,095.00 85,320.00 45,912.00 155,629.00
Operating Income -70,968.00 -35,212.00 -42,226.00 1,048.00 -114,893.00 -80,688.00 -37,802.00 85,255.00 -114,632.00 -81,395.00 -27,281.00 -188,867.00
Net Non-Operating Income 32,693.00 15,203.00 20,086.00 81,935.00 16,073.00 11,492.00 6,224.00 -9,035.00 14,594.00 8,934.00 4,318.00 3,665.00
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
Net Interest 10,379.00 6,850.00 3,424.00 -12,912.00 15,859.00 11,074.00 5,920.00 -9,386.00 14,656.00 9,630.00 4,805.00 1,863.00
EBT -38,275.00 -20,009.00 -22,140.00 82,983.00 -98,820.00 -69,196.00 -31,578.00 76,220.00 -100,038.00 -72,461.00 -22,963.00 -185,202.00
Income Tax 1,646.00 310.00 496.00 5,497.00 369.00 143.00 75.00 -8,020.00 4,154.00 3,044.00 1,390.00 112.00
Net Income -39,921.00 -20,319.00 -22,636.00 77,486.00 -99,189.00 -69,339.00 -31,653.00 85,376.00 -104,192.00 -75,505.00 -24,353.00 -185,090.00
EBIT -38,275.00 -20,009.00 -22,140.00 82,983.00 -98,820.00 -69,196.00 -31,578.00 76,220.00 -100,038.00 -72,461.00 -22,963.00 -185,202.00
Deprecation and Amortization 9,103.00 6,519.00 3,305.00 -3,464.00 7,504.00 4,841.00 2,312.00 -6,969.00 13,957.00 7,417.00 2,900.00 4,628.00
EBITDA -29,172.00 -13,490.00 -18,835.00 79,519.00 -91,316.00 -64,355.00 -29,266.00 69,251.00 -86,081.00 -65,044.00 -20,063.00 -180,574.00
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
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
Average Shares Outstanding Basic 75,427.51 75,254.55 75,171.02 74,623.29 76,244.89 76,303.71 76,214.83 73,488.31 68,212.76 67,011.66 66,739.31 64,751.27
Average Shares Outstanding Diluted 75,434.49 75,302.36 75,226.39 74,678.68 76,266.18 76,321.94 76,248.16 73,480.68 68,214.48 67,014.79 66,742.08 64,756.06
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 2022-09-30
Operating Cash Flow -22,746.00 8,666.00 -3,407.00 58,820.00 -68,536.00 -62,659.00 -37,669.00 186,735.00 -132,257.00 -89,590.00 -83,191.00 -183,251.00
   Operating Net Income -39,921.00 -20,319.00 -67,908.00 -167,904.00 -99,189.00 -69,339.00 -31,653.00 85,376.00 -104,192.00 -75,505.00 -24,353.00 -185,090.00
   Deprecation and Amortization 9,103.00 6,519.00 3,305.00 -3,464.00 7,504.00 4,841.00 2,312.00 -6,969.00 13,957.00 7,417.00 2,900.00 4,628.00
   Deferred Income Tax 0 0 0 691.00 0 0 0 -757.00 0 0 0 0
   Share Based Compensation 19,184.00 12,273.00 6,402.00 -6,638.00 12,771.00 8,107.00 3,552.00 -1,647.00 4,732.00 2,692.00 2,325.00 -483.00
   Change in Working Capital -84,137.00 -111,403.00 -56,994.00 -139.00 21,736.00 18,960.00 13,808.00 -83,233.00 -697.00 19,459.00 6,912.00 -18,893.00
   Other Operating Activities 73,025.00 121,596.00 111,788.00 236,274.00 -11,358.00 -25,228.00 -25,688.00 193,965.00 -46,057.00 -43,653.00 -70,975.00 16,587.00
Investing Cash Flow 21,295.00 20,927.00 12,182.00 28,389.00 44,970.00 -27,287.00 -7,316.00 335,781.00 -205,916.00 -198,896.00 -138,222.00 -31,784.00
   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
   Net Purchase/Sale of PPE 1,632.00 1,222.00 338.00 -2,090.00 2,752.00 1,750.00 654.00 180.00 2,323.00 1,188.00 386.00 12,242.00
   Net Purchase/Sale of Investments Net 301,393.00 230,507.00 80,584.00 -353,551.00 507,568.00 328,935.00 126,356.00 -548,403.00 779,087.00 534,802.00 137,836.00 19,542.00
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -281,730.00 -210,802.00 -68,740.00 384,030.00 -465,350.00 -357,972.00 -134,326.00 884,004.00 -987,326.00 -734,886.00 -276,444.00 -63,568.00
Financing Cash Flow 183.00 2,635.00 1,316.00 -13,938.00 -11,808.00 3,171.00 2,123.00 19,533.00 31,236.00 29,340.00 1,738.00 108,959.00
   Net Issuance/Repayment of Debt 0 0 0 -13.00 12.00 9.00 6.00 -16.00 14.00 9.00 14.00 14.00
   Net Issuance/Repurchase of Equity 21,204.00 2,156.00 772.00 7,684.00 20,624.00 0 1,743.00 23,629.00 26,233.00 26,233.00 0 116.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -21,021.00 479.00 544.00 -21,609.00 -32,444.00 3,162.00 374.00 -4,080.00 4,989.00 3,098.00 1,724.00 108,829.00
Net Change in Cash -1,269.00 32,150.00 10,101.00 73,084.00 -35,201.00 -86,594.00 -42,743.00 541,366.00 -306,580.00 -258,812.00 -219,329.00 -105,785.00
   Cash at Beginning of Period 66,103.00 66,103.00 66,103.00 -6,981.00 157,557.00 157,557.00 157,557.00 -383,809.00 400,912.00 0 0 0
   Cash at End of Period 64,834.00 98,253.00 76,204.00 66,103.00 122,356.00 70,963.00 114,814.00 157,557.00 94,332.00 0 0 0
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0