Valuation for ALDX - findataslice

	Aldeyra Therapeutics, Inc. (ALDX)
	Q1-CY2026	Q4-CY2025	Q3-CY2025	Q2-CY2025	Q1-CY2025	Q4-CY2024	Q3-CY2024	Q2-CY2024	Q1-CY2024	Q4-CY2023	Q3-CY2023	Q2-CY2023	Q1-CY2023	Q4-CY2022	Q3-CY2022	Q2-CY2022	Q1-CY2022	Q4-CY2021	Q3-CY2021	Q2-CY2021	Q1-CY2021	Q4-CY2020	Q3-CY2020	Q2-CY2020	Q1-CY2020	Q4-CY2019	Q3-CY2019	Q2-CY2019	Q1-CY2019	Q4-CY2018	Q3-CY2018	Q2-CY2018	Q1-CY2018	Q4-CY2017	Q3-CY2017	Q2-CY2017	Q1-CY2017	Q4-CY2016	Q3-CY2016	Q2-CY2016	Q1-CY2016	Q4-CY2015	Q3-CY2015	Q2-CY2015	Q1-CY2015	Q4-CY2014	Q3-CY2014	Q2-CY2014	Q1-CY2014
Balance Sheet Date		2025-Dec-31	2025-Sep-30	2025-Jun-30	2025-Mar-31	2024-Dec-31	2024-Sep-30	2024-Jun-30	2024-Mar-31	2023-Dec-31	2023-Sep-30	2023-Jun-30	2023-Mar-31	2022-Dec-31	2022-Sep-30	2022-Jun-30	2022-Mar-31	2021-Dec-31	2021-Sep-30	2021-Jun-30	2021-Mar-31	2020-Dec-31	2020-Sep-30	2020-Jun-30	2020-Mar-31	2019-Dec-31	2019-Sep-30	2019-Jun-30	2019-Mar-31	2018-Dec-31	2018-Sep-30	2018-Jun-30	2018-Mar-31	2017-Dec-31	2017-Sep-30	2017-Jun-30	2017-Mar-31	2016-Dec-31	2016-Sep-30	2016-Jun-30	2016-Mar-31	2015-Dec-31	2015-Sep-30	2015-Jun-30	2015-Mar-31	2014-Dec-31	2014-Sep-30	2014-Jun-30	2014-Mar-31
Fiscal Period		Q4-FY2025	Q3-FY2025	Q2-FY2025	Q1-FY2025	Q4-FY2024	Q3-FY2024	Q2-FY2024	Q1-FY2024	Q4-FY2023	Q3-FY2023	Q2-FY2023	Q1-FY2023	Q4-FY2022	Q3-FY2022	Q2-FY2022	Q1-FY2022	Q4-FY2021	Q3-FY2021	Q2-FY2021	Q1-FY2021	Q4-FY2020	Q3-FY2020	Q2-FY2020	Q1-FY2020	Q4-FY2019	Q3-FY2019	Q2-FY2019	Q1-FY2019	Q4-FY2018	Q3-FY2018	Q2-FY2018	Q1-FY2018	Q4-FY2017	Q3-FY2017	Q2-FY2017	Q1-FY2017	Q4-FY2016	Q3-FY2016	Q2-FY2016	Q1-FY2016	Q4-FY2015	Q3-FY2015	Q2-FY2015	Q1-FY2015	Q4-FY2014	Q3-FY2014	Q2-FY2014	Q1-FY2014
Close Price of Common Stock	5.47$	5.18$	5.22$	3.83$	5.72$	5.00$	5.40$	3.30$	3.27$	3.51$	6.68$	8.38$	9.94$	6.96$	5.35$	3.98$	4.45$	4.01$	8.80$	11.33$	11.84$	6.89$	7.40$	4.17$	2.34$	5.81$	5.27$	5.99$	8.99$	8.29$	13.80$	8.00$	7.45$	6.80$	7.20$
Market Cap of Common Stock	329,199,818$	311,643,164$	312,355,491$	229,400,102$	341,533,501$	297,747,990$	320,876,375$	196,067,814$	192,294,683$	206,465,511$	391,420,278$	490,869,813$	582,248,919$	407,578,143$	312,028,671$	231,748,427$	258,540,394$	232,658,881$	509,203,508$	652,961,530$	559,402,668$	267,472,191$	285,692,026$	124,229,079$	69,409,373$	162,266,799$	145,199,470$	164,530,948$	246,284,871$	217,566,358$	289,453,896$	160,875,152$	146,503,661$	130,000,197$	109,081,267$
QoQ%	5.63%	(.23%)	36.16%	(32.83%)	14.71%	(7.21%)	63.66%	1.96%	(6.86%)	(47.25%)	(20.26%)	(15.69%)	42.86%	30.62%	34.64%	(10.36%)	11.12%	(54.31%)	(22.02%)	16.73%	109.14%	(6.38%)	129.97%	78.98%	(57.23%)	11.75%	(11.75%)	(33.20%)	13.20%	(24.84%)	79.93%	9.81%	12.70%	19.18%
YoY%	(3.61%)	4.67%	(2.66%)	17.00%	77.61%	44.21%	(18.02%)	(60.06%)	(66.97%)	(49.34%)	25.44%	111.81%	125.21%	75.18%	(38.72%)	(64.51%)	(53.78%)	(13.02%)	78.24%	425.61%	705.95%	64.84%	96.76%	(24.50%)	(71.82%)	(25.42%)	(49.84%)	2.27%	68.11%	67.36%	165.36%
Common Shares Outstanding	60,182,782	60,162,773	60,162,773	60,045,530	60,045,530	59,648,278	59,549,598	59,414,489	59,414,489	59,195,951	59,187,326	58,801,207	58,791,603	58,560,078	58,560,078	58,301,491	58,301,491	58,081,215	38,667,491	38,667,491	38,667,491	38,667,491	38,631,709	32,997,346	29,506,829	28,656,832	27,151,775	26,986,936	26,910,355	26,244,435	20,989,302	20,842,198	19,664,921	19,137,639	19,117,676	15,150,176	15,131,880	12,576,325	12,568,563	12,472,521	9,712,521	9,712,521	9,712,521	9,712,521	6,890,021	5,565,415	5,565,415	5,565,413	327,365
QoQ%	.03%	.00%	.20%	.00%	.67%	.17%	.23%	.00%	.37%	.02%	.66%	.02%	.40%	.00%	.44%	.00%	.38%	50.21%	.00%	.00%	.00%	.09%	17.08%	11.83%	2.97%	5.54%	.61%	.29%	2.54%	25.04%	.71%	5.99%	2.76%	.10%	26.19%	.12%	20.32%	.06%	.77%	28.42%	.00%	.00%	.00%	40.97%	23.80%	.00%	.00%	1,600.06%	.00%
YoY%	.23%	.86%	1.03%	1.06%	1.06%	.76%	.61%	1.04%	1.06%	1.09%	1.07%	.86%	.84%	.82%	51.45%	50.78%	50.78%	50.21%	.09%	17.18%	31.05%	34.93%	42.28%	22.27%	9.65%	9.19%	29.36%	29.48%	36.84%	37.14%	9.79%	37.57%	29.96%	52.17%	52.11%	21.47%	55.80%	29.49%	29.41%	28.42%	40.97%	74.52%	74.52%	74.52%	2,004.69%	1,600.06%	1,653.58%	1,670.06%	4.12%
Price to Sales
Price to Earnings	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Price to Book	7.44x	7.04x	6.34x	4.15x	5.37x	4.19x	3.77x	1.99x	1.70x	1.72x	3.18x	3.78x	4.24x	2.70x	1.92x	1.33x	1.36x	1.13x	2.32x	2.79x	4.44x	4.49x	4.13x	2.35x	1.60x	3.37x	2.85x	2.44x	3.14x	2.51x	10.12x	4.35x	4.07x	3.28x	2.38x
Total Revenue
QoQ%
YoY%
TTM
TTM_QoQ%
TTM_YoY%
Gross Margin
QoQ
YoY
Operating Income		(6,667,883$)	(8,001,132$)	(10,168,732$)	(10,427,459$)	(16,577,784$)	(16,137,576$)	(18,007,807$)	(9,393,865$)	(6,097,778$)	(9,550,370$)	(10,342,657$)	(16,803,277$)	(13,696,791$)	(14,784,556$)	(17,714,934$)	(16,483,707$)	(15,404,243$)	(15,441,151$)	(14,543,098$)	(10,831,044$)	(11,287,501$)	(8,389,197$)	(7,105,878$)	(9,638,444$)	(12,895,514$)	(19,016,189$)	(13,731,424$)	(17,431,179$)	(11,094,977$)	(10,946,734$)	(9,166,033$)	(8,491,409$)	(7,046,535$)	(5,015,272$)	(5,330,681$)	(5,095,901$)	(4,653,001$)	(4,776,445$)	(4,296,750$)	(4,967,036$)	(4,338,990$)	(3,337,606$)	(2,203,976$)	(2,108,535$)	(2,411,044$)	(1,968,135$)	(1,646,487$)	(1,244,924$)
QoQ%		16.66%	21.32%	2.48%	37.10%	(2.73%)	10.39%	(91.70%)	(54.05%)	36.15%	7.66%	38.45%	(22.68%)	7.36%	16.54%	(7.47%)	(7.01%)	.24%	(6.18%)	(34.27%)	4.04%	(34.55%)	(18.06%)	26.28%	25.26%	32.19%	(38.49%)	21.23%	(57.11%)	(1.35%)	(19.43%)	(7.95%)	(20.51%)	(40.50%)	5.92%	(4.61%)	(9.52%)	2.58%	(11.16%)	13.50%	(14.47%)	(30.00%)	(51.44%)	(4.53%)	12.55%	(22.50%)	(19.54%)	(32.26%)	(.99%)
YoY%		59.78%	50.42%	43.53%	(11.00%)	(171.87%)	(68.97%)	(74.11%)	44.10%	55.48%	35.40%	41.62%	(1.94%)	11.08%	4.25%	(21.81%)	(52.19%)	(36.47%)	(84.06%)	(104.66%)	(12.37%)	12.47%	55.88%	48.25%	44.71%	(16.23%)	(73.72%)	(49.81%)	(105.28%)	(57.45%)	(118.27%)	(71.95%)	(66.63%)	(51.44%)	(5.00%)	(24.06%)	(2.59%)	(7.24%)	(43.11%)	(94.95%)	(135.57%)	(79.96%)	(69.58%)	(33.86%)	(69.37%)	(95.59%)	(68.73%)	(67.04%)	(327.02%)
TTM		(35,265,206$)	(45,175,107$)	(53,311,551$)	(61,150,626$)	(60,117,032$)	(49,637,026$)	(43,049,820$)	(35,384,670$)	(42,794,082$)	(50,393,095$)	(55,627,281$)	(62,999,558$)	(62,679,988$)	(64,387,440$)	(65,044,035$)	(61,872,199$)	(56,219,536$)	(52,102,794$)	(45,050,840$)	(37,613,620$)	(36,421,020$)	(38,029,033$)	(48,656,025$)	(55,281,571$)	(63,074,306$)	(61,273,769$)	(53,204,314$)	(48,638,923$)	(39,699,153$)	(35,650,711$)	(29,719,249$)	(25,883,897$)	(22,488,389$)	(20,094,855$)	(19,856,028$)	(18,822,097$)	(18,693,232$)	(18,379,221$)	(16,940,382$)	(14,847,608$)	(11,989,107$)	(10,061,161$)	(8,691,690$)	(8,134,201$)	(7,270,590$)	(6,092,269$)	(5,290,590$)	(4,629,793$)
TTM_QoQ%		21.94%	15.26%	12.82%	(1.72%)	(21.11%)	(15.30%)	(21.66%)	17.31%	15.08%	9.41%	11.70%	(.51%)	2.65%	1.01%	(5.13%)	(10.06%)	(7.90%)	(15.65%)	(19.77%)	(3.27%)	4.23%	21.84%	11.99%	12.36%	(2.94%)	(15.17%)	(9.39%)	(22.52%)	(11.36%)	(19.96%)	(14.82%)	(15.10%)	(11.91%)	(1.20%)	(5.49%)	(.69%)	(1.71%)	(8.49%)	(14.10%)	(23.84%)	(19.16%)	(15.76%)	(6.85%)	(11.88%)	(19.34%)	(15.15%)	(14.27%)	(25.93%)
TTM_YoY%		41.34%	8.99%	(23.84%)	(72.82%)	(40.48%)	1.50%	22.61%	43.83%	31.73%	21.74%	14.48%	(1.82%)	(11.49%)	(23.58%)	(44.38%)	(64.49%)	(54.36%)	(37.01%)	7.41%	31.96%	42.26%	37.94%	8.55%	(13.66%)	(58.88%)	(71.87%)	(79.02%)	(87.91%)	(76.53%)	(77.41%)	(49.67%)	(37.52%)	(20.30%)	(9.34%)	(17.21%)	(26.77%)	(55.92%)	(82.68%)	(94.90%)	(82.53%)	(64.90%)	(65.15%)	(64.29%)	(75.69%)	(97.76%)
Operating Margin
QoQ
YoY
Net Income		(6,461,507$)	(7,688,341$)	(9,767,312$)	(9,929,501$)	(15,808,767$)	(15,112,983$)	(16,847,572$)	(8,082,122$)	(4,752,962$)	(8,186,871$)	(8,986,998$)	(15,615,679$)	(12,902,162$)	(14,553,231$)	(17,780,951$)	(16,788,292$)	(15,754,547$)	(15,794,955$)	(14,936,910$)	(11,289,862$)	(11,292,180$)	(8,873,173$)	(7,520,216$)	(9,868,160$)	(13,160,623$)	(18,715,015$)	(13,327,165$)	(15,624,028$)	(10,633,184$)	(10,812,565$)	(9,050,433$)	(8,397,063$)	(6,954,510$)	(4,986,199$)	(5,308,760$)	(5,091,121$)	(4,651,429$)	(4,775,307$)	(4,302,616$)	(4,967,352$)	(4,355,856$)	(3,365,687$)	(2,232,186$)	(2,136,559$)	(2,444,679$)	(2,009,206$)	(1,135,145$)	401,773$
QoQ%		15.96%	21.29%	1.63%	37.19%	(4.60%)	10.30%	(108.46%)	(70.04%)	41.94%	8.90%	42.45%	(21.03%)	11.35%	18.15%	(5.91%)	(6.56%)	.26%	(5.74%)	(32.30%)	.02%	(27.26%)	(17.99%)	23.79%	25.02%	29.68%	(40.43%)	14.70%	(46.94%)	1.66%	(19.47%)	(7.78%)	(20.74%)	(39.48%)	6.08%	(4.28%)	(9.45%)	2.59%	(10.99%)	13.38%	(14.04%)	(29.42%)	(50.78%)	(4.48%)	12.60%	(21.67%)	(77.00%)	(382.53%)	(95.68%)
YoY%		59.13%	49.13%	42.03%	(22.86%)	(232.61%)	(84.60%)	(87.47%)	48.24%	63.16%	43.75%	49.46%	6.99%	18.11%	7.86%	(19.04%)	(48.70%)	(39.52%)	(78.01%)	(98.62%)	(14.41%)	14.20%	52.59%	43.57%	36.84%	(23.77%)	(73.09%)	(47.25%)	(86.07%)	(52.90%)	(116.85%)	(70.48%)	(64.94%)	(49.51%)	(4.42%)	(23.38%)	(2.49%)	(6.79%)	(41.88%)	(92.75%)	(132.49%)	(78.18%)	(67.51%)	(96.64%)	(631.78%)	(126.30%)	(121.58%)	27.64%	110.11%
TTM		(33,846,661$)	(43,193,921$)	(50,618,563$)	(57,698,823$)	(55,851,444$)	(44,795,639$)	(37,869,527$)	(30,008,953$)	(37,542,510$)	(45,691,710$)	(52,058,070$)	(60,852,023$)	(62,024,636$)	(64,877,021$)	(66,118,745$)	(63,274,704$)	(57,776,274$)	(53,313,907$)	(46,392,125$)	(38,975,431$)	(37,553,729$)	(39,422,172$)	(49,264,014$)	(55,070,963$)	(60,826,831$)	(58,299,392$)	(50,396,942$)	(46,120,210$)	(38,893,245$)	(35,214,571$)	(29,388,205$)	(25,646,532$)	(22,340,590$)	(20,037,509$)	(19,826,617$)	(18,820,473$)	(18,696,704$)	(18,401,131$)	(16,991,511$)	(14,921,081$)	(12,090,288$)	(10,179,111$)	(8,822,630$)	(7,725,589$)	(5,187,257$)	6,552,628$	17,870,817$	17,437,179$
TTM_QoQ%		21.64%	14.67%	12.27%	(3.31%)	(24.68%)	(18.29%)	(26.19%)	20.07%	17.84%	12.23%	14.45%	1.89%	4.40%	1.88%	(4.50%)	(9.52%)	(8.37%)	(14.92%)	(19.03%)	(3.79%)	4.74%	19.98%	10.54%	9.46%	(4.34%)	(15.68%)	(9.27%)	(18.58%)	(10.45%)	(19.83%)	(14.59%)	(14.80%)	(11.49%)	(1.06%)	(5.35%)	(.66%)	(1.61%)	(8.30%)	(13.88%)	(23.41%)	(18.78%)	(15.38%)	(14.20%)	(48.93%)	(179.16%)	(63.33%)	2.49%	33.51%
TTM_YoY%		39.40%	3.58%	(33.67%)	(92.27%)	(48.77%)	1.96%	27.26%	50.69%	39.47%	29.57%	21.27%	3.83%	(7.35%)	(21.69%)	(42.52%)	(62.35%)	(53.85%)	(35.24%)	5.83%	29.23%	38.26%	32.38%	2.25%	(19.41%)	(56.39%)	(65.56%)	(71.49%)	(79.83%)	(74.09%)	(75.74%)	(48.23%)	(36.27%)	(19.49%)	(8.89%)	(16.69%)	(26.13%)	(54.64%)	(80.77%)	(92.59%)	(93.14%)	(133.08%)	(255.34%)	(149.37%)	(144.31%)	(139.72%)
Profit Margin
QoQ
YoY
Equity to Common Shareholders		44,250,390$	49,244,543$	55,288,142$	63,598,577$	71,004,871$	85,095,704$	98,310,339$	113,419,441$	119,795,030$	123,007,739$	129,883,199$	137,243,213$	151,008,029$	162,193,649$	174,029,008$	190,688,722$	205,735,523$	219,669,902$	233,679,945$	126,074,472$	59,508,558$	69,170,447$	52,789,666$	43,472,520$	48,082,317$	50,879,294$	67,333,370$	78,479,770$	86,617,979$	28,595,067$	36,980,597$	36,001,203$	39,601,019$	45,904,937$	23,339,796$	27,995,007$	21,649,817$	25,671,538$	29,517,724$	24,878,319$	24,878,319$	28,695,363$	31,524,781$	13,826,670$	6,284,058$	8,263,558$	9,814,977$	(39,645,435$)
QoQ		(4,994,153$)	(6,043,599$)	(8,310,435$)	(7,406,294$)	(14,090,833$)	(13,214,635$)	(15,109,102$)	(6,375,589$)	(3,212,709$)	(6,875,460$)	(7,360,014$)	(13,764,816$)	(11,185,620$)	(11,835,359$)	(16,659,714$)	(15,046,801$)	(13,934,379$)	(14,010,043$)	107,605,473$	66,565,914$	(9,661,889$)	16,380,781$	9,317,146$	(4,609,797$)	(2,796,977$)	(16,454,076$)	(11,146,400$)	(8,138,209$)	58,022,912$	(8,385,530$)	979,394$	(3,599,816$)	(6,303,918$)	22,565,141$	(4,655,211$)	6,345,190$	(4,021,721$)	(3,846,186$)	4,639,405$	0$	(3,817,044$)	(2,829,418$)	17,698,111$	7,542,612$	(1,979,500$)	(1,551,419$)	49,460,412$	575,891$
QoQ%		(10.14%)	(10.93%)	(13.07%)	(10.43%)	(16.56%)	(13.44%)	(13.32%)	(5.32%)	(2.61%)	(5.29%)	(5.36%)	(9.12%)	(6.90%)	(6.80%)	(8.74%)	(7.31%)	(6.34%)	(6.00%)	85.35%	111.86%	(13.97%)	31.03%	21.43%	(9.59%)	(5.50%)	(24.44%)	(14.20%)	(9.40%)	202.91%	(22.68%)	2.72%	(9.09%)	(13.73%)	96.68%	(16.63%)	29.31%	(15.67%)	(13.03%)	18.65%	.00%	(13.30%)	(8.98%)	128.00%	120.03%	(23.96%)	(15.81%)	124.76%	1.43%
YoY		(26,754,481$)	(35,851,161$)	(43,022,197$)	(49,820,864$)	(48,790,159$)	(37,912,035$)	(31,572,860$)	(23,823,772$)	(31,212,999$)	(39,185,910$)	(44,145,809$)	(53,445,509$)	(54,727,494$)	(57,476,253$)	(59,650,937$)	64,614,250$	146,226,965$	150,499,455$	180,890,279$	82,601,952$	11,426,241$	18,291,153$	(14,543,704$)	(35,007,250$)	(38,535,662$)	22,284,227$	30,352,773$	42,478,567$	47,016,960$	(17,309,870$)	13,640,801$	8,006,196$	17,951,202$	20,233,399$	(6,177,928$)	3,116,688$	(3,228,502$)	(3,023,825$)	(2,007,057$)	11,051,649$	18,594,261$	20,431,805$	21,709,804$	53,472,105$	46,505,384$
YoY%		(37.68%)	(42.13%)	(43.76%)	(43.93%)	(40.73%)	(30.82%)	(24.31%)	(17.36%)	(20.67%)	(24.16%)	(25.37%)	(28.03%)	(26.60%)	(26.17%)	(25.53%)	51.25%	245.72%	217.58%	342.66%	190.01%	23.76%	35.95%	(21.60%)	(44.61%)	(44.49%)	77.93%	82.08%	117.99%	118.73%	(37.71%)	58.44%	28.60%	82.92%	78.82%	(20.93%)	12.53%	(12.98%)	(10.54%)	(6.37%)	79.93%	295.90%	247.25%	221.19%	134.88%	115.62%
Dividends Paid
Additional Paid-In Capital QoQ																																													9,677,846$	465,179$	457,788$	50,590,320$	174,118$
Treasury Stock
QoQ
Goodwill
QoQ%
YoY%
Other Intangible Assets
QoQ
Amortization of Intangible Assets
Total Assets		72,059,317$	77,801,012$	84,962,888$	93,195,717$	104,606,694$	117,319,352$	126,043,834$	141,301,892$	148,326,911$	147,282,247$	155,616,350$	168,218,792$	181,291,657$	189,691,725$	201,015,324$	222,692,981$	233,137,120$	247,217,570$	256,427,212$	147,306,100$	83,352,503$	88,324,430$	71,627,295$	63,029,099$	75,518,281$	77,440,999$	73,839,014$	88,128,123$	95,091,155$	37,131,593$	43,286,042$	40,775,901$	44,174,958$	49,229,420$	26,467,944$	31,531,617$	25,187,679$	29,191,477$	32,883,548$	23,436,766$	28,204,764$	31,350,399$	33,877,502$	15,931,353$	8,787,103$	10,350,517$	11,805,329$	2,890,566$
QoQ		(5,741,695$)	(7,161,876$)	(8,232,829$)	(11,410,977$)	(12,712,658$)	(8,724,482$)	(15,258,058$)	(7,025,019$)	1,044,664$	(8,334,103$)	(12,602,442$)	(13,072,865$)	(8,400,068$)	(11,323,599$)	(21,677,657$)	(10,444,139$)	(14,080,450$)	(9,209,642$)	109,121,112$	63,953,597$	(4,971,927$)	16,697,135$	8,598,196$	(12,489,182$)	(1,922,718$)	3,601,985$	(14,289,109$)	(6,963,032$)	57,959,562$	(6,154,449$)	2,510,141$	(3,399,057$)	(5,054,462$)	22,761,476$	(5,063,673$)	6,343,938$	(4,003,798$)	(3,692,071$)	9,446,782$	(4,767,998$)	(3,145,635$)	(2,527,103$)	17,946,149$	7,144,250$	(1,563,414$)	(1,454,812$)	8,914,763$	(852,667$)
YoY		(32,547,377$)	(39,518,340$)	(41,080,946$)	(48,106,175$)	(43,720,217$)	(29,962,895$)	(29,572,516$)	(26,916,900$)	(32,964,746$)	(42,409,478$)	(45,398,974$)	(54,474,189$)	(51,845,463$)	(57,525,845$)	(55,411,888$)	75,386,881$	149,784,617$	158,893,140$	184,799,917$	84,277,001$	7,834,222$	10,883,431$	(2,211,719$)	(25,099,024$)	(19,572,874$)	40,309,406$	30,552,972$	47,352,222$	50,916,197$	(12,097,827$)	16,818,098$	9,244,284$	18,987,279$	20,037,943$	(6,415,604$)	8,094,851$	(3,017,085$)	(2,158,922$)	(993,954$)	7,505,413$	19,417,661$	20,999,882$	22,072,173$	13,040,787$	5,043,870$
Total Liabilities		27,808,927$	28,556,469$	29,674,746$	29,597,140$	33,601,823$	32,223,648$	27,733,495$	27,882,451$	28,531,881$	24,274,508$	25,733,151$	30,975,579$	30,283,628$	27,498,076$	26,986,316$	32,004,259$	27,401,597$	27,547,668$	22,747,267$	21,231,628$	23,843,945$	19,153,983$	18,837,629$	19,556,579$	27,435,964$	26,561,705$	6,505,644$	9,648,353$	8,473,176$	8,536,526$	6,305,445$	4,774,697$	4,573,939$	3,324,483$	3,128,148$	3,536,610$	3,537,862$	3,519,939$	3,365,824$	2,909,739$	3,326,445$	2,655,036$	2,352,721$	2,104,683$	2,503,045$	2,086,959$	1,990,352$	4,027,135$
QoQ		(747,542$)	(1,118,277$)	77,606$	(4,004,683$)	1,378,175$	4,490,153$	(148,956$)	(649,430$)	4,257,373$	(1,458,643$)	(5,242,428$)	691,951$	2,785,552$	511,760$	(5,017,943$)	4,602,662$	(146,071$)	4,800,401$	1,515,639$	(2,612,317$)	4,689,962$	316,354$	(718,950$)	(7,879,385$)	874,259$	20,056,061$	(3,142,709$)	1,175,177$	(63,350$)	2,231,081$	1,530,748$	200,758$	1,249,456$	196,335$	(408,462$)	(1,252$)	17,923$	154,115$	456,085$	(416,706$)	671,409$	302,315$	248,038$	(398,362$)	416,086$	96,607$	(2,036,783$)	(1,620,126$)
YoY		(5,792,896$)	(3,667,179$)	1,941,251$	1,714,689$	5,069,942$	7,949,140$	2,000,344$	(3,093,128$)	(1,751,747$)	(3,223,568$)	(1,253,165$)	(1,028,680$)	2,882,031$	(49,592$)	4,239,049$	10,772,631$	3,557,652$	8,393,685$	3,909,638$	1,675,049$	(3,592,019$)	(7,407,722$)	12,331,985$	9,908,226$	18,962,788$	18,025,179$	200,199$	4,873,656$	3,899,237$	5,212,043$	3,177,297$	1,238,087$	1,036,077$	(195,456$)	(237,676$)	626,871$	211,417$	864,903$	1,013,103$	805,056$	823,400$	568,077$	362,369$	(1,922,452$)	(3,144,216$)
Current Ratio		2.58x	2.72x	2.86x	6.49x	5.59x	6.80x	4.55x	6.50x	6.64x	6.81x	9.96x	10.50x	11.78x	7.83x	12.36x	13.60x	19.77x	20.66x	34.59x	13.26x	6.69x	13.65x	14.52x	12.84x	5.82x	6.36x	11.40x	9.17x	11.18x	4.81x	8.11x	11.07x	13.11x	20.28x	12.47x	13.06x	10.93x	11.05x	13.82x	12.89x	13.28x	22.73x	24.32x	15.34x	6.60x	12.23x	10.05x	3.12x
Total Current Assets		71,783,456$	77,460,035$	84,558,228$	92,728,775$	104,072,478$	116,720,763$	125,649,519$	140,845,946$	147,810,333$	147,210,014$	155,479,118$	168,017,220$	181,023,113$	189,483,122$	200,741,410$	222,355,055$	232,752,770$	246,771,949$	256,260,728$	147,072,922$	83,059,268$	88,192,780$	71,422,526$	62,751,683$	75,168,825$	77,020,364$	72,855,902$	86,996,257$	94,769,286$	36,845,110$	43,071,299$	40,605,039$	43,965,766$	49,052,742$	26,342,021$	31,473,333$	25,131,327$	29,125,787$	32,808,521$	23,309,314$	28,088,194$	31,225,700$	33,836,634$	15,898,171$	8,759,872$	10,344,749$	11,805,329$	2,155,362$
QoQ		(5,676,579$)	(7,098,193$)	(8,170,547$)	(11,343,703$)	(12,648,285$)	(8,928,756$)	(15,196,427$)	(6,964,387$)	600,319$	(8,269,104$)	(12,538,102$)	(13,005,893$)	(8,460,009$)	(11,258,288$)	(21,613,645$)	(10,397,715$)	(14,019,179$)	(9,488,779$)	109,187,806$	64,013,654$	(5,133,512$)	16,770,254$	8,670,843$	(12,417,142$)	(1,851,539$)	4,164,462$	(14,140,355$)	(7,773,029$)	57,924,176$	(6,226,189$)	2,466,260$	(3,360,727$)	(5,086,976$)	22,710,721$	(5,131,312$)	6,342,006$	(3,994,460$)	(3,682,734$)	9,499,207$	(4,778,880$)	(3,137,506$)	(2,610,934$)	17,938,463$	7,138,299$	(1,584,877$)	(1,460,580$)	9,649,967$	(1,115,404$)
Total Current Liabilities		27,808,927$	28,483,933$	29,531,299$	14,285,842$	18,601,823$	17,153,414$	27,594,602$	21,676,437$	22,260,250$	21,617,319$	15,605,114$	16,007,891$	15,360,538$	24,195,034$	16,242,781$	16,354,433$	11,772,662$	11,942,165$	7,409,162$	11,090,829$	12,409,489$	6,460,672$	4,920,449$	4,886,862$	12,907,752$	12,116,279$	6,389,520$	9,491,545$	8,473,176$	7,653,685$	5,310,154$	3,666,956$	3,353,747$	2,419,230$	2,111,771$	2,409,110$	2,299,238$	2,636,657$	2,373,199$	1,807,771$	2,115,135$	1,373,948$	1,391,172$	1,036,168$	1,327,564$	846,131$	1,174,527$	691,501$
QoQ		(675,006$)	(1,047,366$)	15,245,457$	(4,315,981$)	1,448,409$	(10,441,188$)	5,918,165$	(583,813$)	642,931$	6,012,205$	(402,777$)	647,353$	(8,834,496$)	7,952,253$	(111,652$)	4,581,771$	(169,503$)	4,533,003$	(3,681,667$)	(1,318,660$)	5,948,817$	1,540,223$	33,587$	(8,020,890$)	791,473$	5,726,759$	(3,102,025$)	1,018,369$	819,491$	2,343,531$	1,643,198$	313,209$	934,517$	307,459$	(297,339$)	109,872$	(337,419$)	263,458$	565,428$	(307,364$)	741,187$	(17,224$)	355,004$	(291,396$)	481,433$	(328,396$)	483,026$	86,490$
Debt to Asset Ratio		.39x	.37x	.35x	.32x	.32x	.27x	.22x	.20x	.19x	.16x	.17x	.18x	.17x	.14x	.13x	.14x	.12x	.11x	.09x	.14x	.29x	.22x	.26x	.31x	.36x	.34x	.09x	.11x	.09x	.23x	.15x	.12x	.10x	.07x	.12x	.11x	.14x	.12x	.10x	.12x	.12x	.08x	.07x	.13x	.28x	.20x	.17x	1.39x
Long Term Debt		15,300,000$	15,300,000$	15,300,000$	15,098,529$	15,000,000$	15,000,000$	15,292,500$	15,292,500$	15,292,500$	2,657,189$	10,128,037$	14,967,688$	14,923,090$	3,303,042$	10,743,535$	15,586,501$	15,503,703$	15,420,904$	15,338,105$	10,140,799$	11,434,456$	12,693,311$	13,917,180$	14,669,717$	14,528,212$	14,386,706$			16,042,500$	882,841$	995,291$	1,107,741$	1,220,192$	905,253$	1,016,377$	1,127,500$	1,238,624$	883,282$	992,625$	1,101,968$	1,211,310$	1,281,088$	961,549$	1,068,515$	1,175,481$	1,240,828$	815,825$	972,418$
QoQ		0$	0$	201,471$	98,529$	0$	(292,500$)	0$	0$	12,635,311$	(7,470,848$)	(4,839,651$)	44,598$	11,620,048$	(7,440,493$)	(4,842,966$)	82,798$	82,799$	82,799$	5,197,306$	(1,293,657$)	(1,258,855$)	(1,223,869$)	(752,537$)	141,505$	141,506$				15,159,659$	(112,450$)	(112,450$)	(112,451$)	314,939$	(111,124$)	(111,123$)	(111,124$)	355,342$	(109,343$)	(109,343$)	(109,342$)	(69,778$)	319,539$	(106,966$)	(106,966$)	(65,347$)	425,003$	(156,593$)	(156,597$)
YoY		300,000$	300,000$	7,500$	(193,971$)	(292,500$)	12,342,811$	5,164,463$	324,812$	369,410$	(645,853$)	(615,498$)	(618,813$)	(580,613$)	(12,117,862$)	(4,594,570$)	5,445,702$	4,069,247$	2,727,593$	1,420,925$	(4,528,918$)	(3,093,756$)	(1,693,395$)			(1,514,288$)	13,503,865$			14,822,308$	(22,412$)	(21,086$)	(19,759$)	(18,432$)	21,971$	23,752$	25,532$	27,314$	(397,806$)	31,076$	33,453$	35,829$	40,260$	145,724$	96,097$	46,466$
Capital Lease Obligations		280,537$	344,484$	406,998$	468,111$	271,631$	333,475$	393,932$	453,035$	510,814$	65,628$	129,785$	190,202$	249,265$	184,599$	242,636$	299,373$	354,839$	406,757$	118,401$	175,619$	233,310$	58,720$	116,124$	172,241$	226,328$	277,673$	327,868$	377,920$
Cash and Cash Equivalents		70,041,254$	59,340,599$	41,241,269$	50,350,617$	54,527,092$	68,120,029$	71,029,723$	102,491,900$					144,419,364$	128,650,541$	121,012,015$	158,909,328$	229,790,989$	241,368,688$	249,739,010$	138,442,379$	77,858,311$	86,175,507$	60,688,834$	38,542,971$	44,425,830$	51,604,203$	39,399,564$	44,297,555$	47,357,472$	18,008,652$	24,605,674$	20,963,541$	20,023,337$	33,103,849$	14,609,742$	12,015,061$	12,015,061$	14,568,508$	17,607,522$	14,648,866$	14,648,866$	30,618,365$	33,569,784$	15,721,097$	8,527,304$	10,142,137$	11,535,788$	2,145,621$
QoQ		10,700,655$	18,099,330$	(9,109,348$)	(4,176,475$)	(13,592,937$)	(2,909,694$)	(31,462,177$)						15,768,823$	7,638,526$	(37,897,313$)	(70,881,661$)	(11,577,699$)	(8,370,322$)	111,296,631$	60,584,068$	(8,317,196$)	25,486,673$	22,145,863$	(5,882,859$)	(7,178,373$)	12,204,639$	(4,897,991$)	(3,059,917$)	29,348,820$	(6,597,022$)	3,642,133$	940,204$	(13,080,512$)	18,494,107$	2,594,681$	0$	(2,553,447$)	(3,039,014$)	2,958,656$	0$	(15,969,499$)	(2,951,419$)	17,848,687$	7,193,793$	(1,614,833$)	(1,393,651$)	9,390,167$	(1,116,733$)
YoY		15,514,162$	(8,779,430$)	(29,788,454$)	(52,141,283$)									(85,371,625$)	(112,718,147$)	(128,726,995$)	20,466,949$	151,932,678$	155,193,181$	189,050,176$	99,899,408$	33,432,481$	34,571,304$	21,289,270$	(5,754,584$)	(2,931,642$)	33,595,551$	14,793,890$	23,334,014$	27,334,135$	(15,095,197$)	9,995,932$	8,948,480$	8,008,276$	18,535,341$	(2,997,780$)	(2,633,805$)	(2,633,805$)	(16,049,857$)	(15,962,262$)	(1,072,231$)	6,121,562$	20,476,228$	22,033,996$	13,575,476$	5,264,950$	7,377,682$	10,192,147$	469,568$
Interest Expenses								477,601$	498,526$	514,264$	538,743$	527,141$	491,287$	460,819$	416,917$	410,395$	405,967$	412,935$	413,110$	433,477$	482,580$	489,143$	489,191$	486,048$	439,816$	544,080$	29,154$	28,649$	1,962$	63,544$	28,846$	26,358$	28,044$	32,575$	27,578$	26,463$	26,837$	26,002$	26,654$	27,817$	25,035$	27,992$	28,081$	28,210$	28,024$	33,635$	41,071$	56,246$	113,221$
Interest Income		681,635$	788,694$	872,038$	981,487$	1,239,880$	1,503,845$	1,637,836$	1,810,269$	1,859,080$	1,902,242$	1,882,800$	1,678,885$	1,255,448$	648,242$	344,378$	101,382$	62,631$	59,306$	39,665$	23,762$	5,199$	5,215$	71,710$	210,100$	278,971$	330,329$	432,908$	499,140$	525,337$	163,015$	141,956$	122,390$	124,600$	56,651$	48,384$	31,617$	27,574$	27,792$	21,951$	24,719$					0$	0$	0$	3$