Finance
The following table shows the account of results for the last three years.
| ASSETS | 2023 | 2022 | 2021 |
| A) FIXED ASSETS | 1.249.281,79 | 132.649,98 | 71.275,66 |
| I. Intangible assets | 100.166,16 | 82.216,97 | 31.770,95 |
| 1. Software | 100.166,16 | 82.216,97 | 31.770,95 |
| 2. Usage Rights | - | - | - |
| II. Tangible assets | 41.527 | 50.433,01 | 39.504,71 |
| 1. Machinery and Facilities | - | - | - |
| 2. Furniture and hardware | 37.689,72 | 44.846,50 | 31.341,55 |
| 3. Other tangible assets | 3.837,28 | 5.586,51 | 8.163,16 |
| B) CURRENT ASSETS | 12.010.150,99 | 12.910.474,43 | 6.902.602,87 |
| I. Inventory | - | - | 142.692,48 |
| II. Accounts Receivable | 5.691.817,42 | 6.522.854,61 | 1.487.743,46 |
| 1. Other Debtors | 5.606.010,18 | 6.510.657,48 | 1.486.588,26 |
| 2. Personnel | - | - | - |
| 3. Tax & Government debt | 85.807,24 | 12.197,13 | 1.155,20 |
| IV. Short term financial investments | - | - | - |
| 1. Securities- | - | - | - |
| VI. Adjustments | 4.635,07 | 905,11 | 5.159,97 |
| VII. Cash and equivalent liquid assets | 6.313.698,5 | 6.386.714,71 | 5.267.006,96 |
| 1. Cash | 6.313.698,5 | 6.386.714,71 | 5.267.006,96 |
| TOTAL (A+B) | 13.259.432,78 | 13.043.124,41 | 6.973.878,53 |
| EQUITY AND LIABILITIES | 2023 | 2022 | 2021 |
| A) EQUITY | 2.314.869,88 | 2.450.925,45 | -520.008,14 |
| A-1). Equity | -292.576,76 | -225.270,28 | -524.024,33 |
| I. Founders equity | 30.050,61 | 30.050,61 | 30.050,61 |
| 1. Founders equity | 30.050,61 | 30.050,61 | 30.050,61 |
| III. Retained Earnings | -255.320,89 | -198.406,59 | 238.097,04 |
| 1. Retained Earnings | -255320,89 | -198.406,59 | 238.097,04 |
| V. Net Income (loss) for the year | -67.306,48 | -56.914,30 | -792.171,98 |
| A-2). Grants, donations and other deferred revenue | 2.607.446,64 | 2.676.195,73 | 4.016,19 |
| 1. Capital Grants | 9.197,72 | 4.016,72 | 4.016,19 |
| 3. Other Subsidies, donations and legacies | 2.598.248,92 | 2.672.179,01 | - |
| B) NON CURRENT LIABILITIES | 1.888.012,71 | 1.149.967,04 | 2.282.843,63 |
| C) CURRENT LIABILITIES | 9.056.550,19 | 9.442.231,92 | 5.211.043,04 |
| II. Short terms debts | 7.175.644,72 | 7.491.206,84 | 4.122.909,61 |
| IV. Accounts Payable | 1.880.905,47 | 1.951.025,08 | 1.005.952,52 |
| 1. Other Creditors | 1.521.320,54 | 1.632.970,77 | 746.829,07 |
| 2. Personnel (accrued compensation) | 81.341,52 | 64.675,53 | 68.677,13 |
| 3. Tax and other Current liabilities to Government | 278.243,41 | 253.378,78 | 190.446,32 |
| V. Adjustments | - | - | 82.180,91 |
| TOTAL (A+B+C) | 13.259.432,78 | 13.043.124,41 | 6.973.878,53 |
| INCOME STATEMENT | 2023 | 2022 | 2021 |
| 1) Operating Revenue | 5.875.299,18 | 5.048.588,74 | 4.040.415,34 |
| a) Sales of goods and services | 1.388.707,22 | 1.680.187,41 | 1.392.694,67 |
| b) Other periodical revenue | - | - | 421.805,64 |
| c) Grants received | 4.486.591,96 | 3.368.401,33 | 2.141.987,58 |
| d) Other Grants and donations | - | - | 151.332,42 |
| e) Grants and donations reimbursed | - | - | -67.404,97 |
| 2) Grants Awarded And Other Expenses | -90.675,39 | -144.758,62 | -448.781,67 |
| a) Grants Awarded | -90675,39 | -144.758,62 | -448.781,67 |
| 3) Purchases | -126.507,68 | -94.771,07 | -50.168,87 |
| a) Consumption of goods and inventory write down | -126.507,68 | -94.771,07 | -50.168,87 |
| 4)Other incomes from actiivities | - | - | - |
| 5) Personnel Expenses | -3.815.193,85 | -3.310.782,26 | -2.766.622,83 |
| 6) Other Operating Expenses | -1.856.997,46 | -1.506.368,54 | -1.518.615,43 |
| a) Services | -1.848.374,48 | -1.517.324,46 | -1.493.731,41 |
| A1) Rentals | -49.852,12 | -2.189,57 | -1.632,65 |
| A2) Maintenance | -80.699,53 | -16.341,71 | -28.195,82 |
| A3) Professional Fees | -896.768,6 | -802.448,66 | -786.416,84 |
| A4) Insurance premiums | -3.166,69 | -3.703,27 | -3.035,99 |
| A5) Bank fees | -4.807,99 | -12.616,42 | -4.057,17 |
| A6) Supplies | - | - | - |
| A7) Other services | -813.079,55 | -680.024,83 | -670.392,94 |
| b) Tributs | -4.450,98 | 805,92 | -789,02 |
| c) Other operating accruals | -4.172,00 | 10.150,00 | -24.095,00 |
| 7) Depreciation | -187.198,76 | -179.914,30 | -143.562,33 |
| 8) Long term Grants and Donations accrued | 123.000,00 | 123.000,00 | 83.746,04 |
| 9) Excess supplies | -3.107,72 | -328,99 | - |
| 10) Other results | 31.103,00 | 8.417,05 | 12.338,32 |
| I. OPERATING INCOME | -50,278,68 | -56.917,99 | -791.251,43 |
| 10) Financial revenue | 660,90 | 3,69 | 60,78 |
| 11) Financial expense | -17.688,70 | - | -981,32 |
| 12) Exchange rate differences | - | - | -0,01 |
| II. FINANCIAL INCOME | -17.027,80 | 3,69 | -920,55 |
| III. INCOME BEFORE TAXES | -67306,48 | -56.914,30 | -792.171,98 |
| IV. NET INCOME | -67306,48 | -56.914,30 | -792.171,98 |
