Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 29.9M | -67.9M | -164.3M | -147.8M |
| Net income | -246.0M | -338.7M | -378.7M | -271.1M |
| Depreciation | 36.5M | 38.9M | 29.7M | 7.9M |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 228.2M | 216.9M | 164.5M | 87.9M |
| Other non cash items | 61.4M | 57.3M | 38.8M | 24.1M |
| Accounts receivable | -18.1M | -61.9M | -44.4M | -59.1M |
| Accounts payable | 1.2M | -4.5M | 3.7M | -2.1M |
| Other assets liabilities | -33.2M | 24.1M | 22.1M | 64.6M |
| Investing activities | -164.7M | 158.1M | -1.3B | -13.1M |
| Capital expenditures | -1.6M | -1.3M | -5.0M | -3.7M |
| Net intangibles | -132.2K | -3.5M | -407K | -802K |
| Net acquisitions | -105.6M | -13.6M | -281.0M | -3.4M |
| Purchase of investments | -686.1M | -466.3M | -1.9B | -6M |
| Sale of investments | 628.6M | 639.2M | 925.2M | 0 |
| Other investing activity | — | — | — | — |
| Financing activities | — | 0 | -186K | 1.4B |
| Long term debt issuance | — | — | — | — |
| Long term debt payments | — | 0 | 0 | -20M |
| Short term debt issuance | — | — | 0 | 0 |
| Common stock issuance | — | 0 | 0 | 1.4B |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | — | — | — |
| Other financing charges | — | — | -186K | -7.4M |
| End cash position | 164.8M | 322.1M | 202.4M | 1.7B |
| Income tax paid | 5.8M | 5.1M | 500K | 583K |
| Interest paid | 25.6K | 7K | 17K | 409K |
| Free cash flow | 5.6M | -87.1M | -212.1M | -105.9M |