Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -44.4M | -42.1M | -113.8M | -84.0M |
| Net income | -246.5M | -279.7M | -268.8M | -192.1M |
| Depreciation | 10.8M | 12.7M | 6.1M | 5.2M |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 197.2M | 215.8M | 216.5M | 113.4M |
| Other non cash items | -8.8M | 840K | 7.2M | 4.0M |
| Accounts receivable | -7.8M | 4.5M | -54.5M | -14.2M |
| Accounts payable | 3.1M | -12.9M | -22.0M | 34.5M |
| Other assets liabilities | 7.6M | 16.6M | 1.8M | -35.0M |
| Investing activities | 14.0M | -63.9M | 60.9M | 317.5M |
| Capital expenditures | -2.6M | -25.3M | -70.5M | -3.8M |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -552.4M | -827.9M | -745.2M | -796.5M |
| Sale of investments | 569.0M | 789.3M | 876.7M | 1.1B |
| Other investing activity | — | — | — | — |
| Financing activities | -7.8M | -13.2M | -6.9M | -15.1M |
| Long term debt issuance | — | — | 0 | 0 |
| Long term debt payments | — | — | — | — |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | 0 | 0 |
| Common stock repurchase | — | 0 | 0 | -15M |
| Common dividends | — | — | — | — |
| Other financing charges | -7.8M | -13.2M | -6.9M | -105K |
| End cash position | 151.1M | 179.7M | 297.4M | 352.5M |
| Income tax paid | 785.5K | 975K | 578K | 939K |
| Interest paid | — | — | — | — |
| Free cash flow | -37.9M | -90.4M | -187.2M | -90.8M |