Financials
Cash flow
| Fiscal date | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Operating activities | -53.9M | -24.8M | -21.4M | -7.5M |
| Net income | -32.5M | -15.9M | -12.2M | 39.8M |
| Depreciation | 680K | 440K | 448K | 430K |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 163K | 340K | 1.9M | 1.9M |
| Other non cash items | -18.8M | -10.7M | -6.2M | -54.5M |
| Accounts receivable | 1.2M | -1.4M | 3.4M | 1.6M |
| Accounts payable | -4.1M | 5.1M | -7.1M | -119K |
| Other assets liabilities | -423K | -2.6M | -1.7M | 3.4M |
| Investing activities | -16K | -1.5M | 55.3M | -86K |
| Capital expenditures | -16K | -60K | -511K | -86K |
| Net intangibles | 0 | -1.5M | 0 | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | — | 0 | -97.0M | 0 |
| Sale of investments | — | 0 | 152.8M | 0 |
| Other investing activity | — | -1.5M | — | — |
| Financing activities | -54.9M | 46.8M | -4.9M | 713K |
| Long term debt issuance | 54.0M | 95.2M | 28.5M | 0 |
| Long term debt payments | -105.6M | -43.5M | -28.5M | 0 |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -3.3M | -4.8M | -4.8M | -311K |
| Common dividends | — | — | — | — |
| Other financing charges | — | -125K | -80K | 1.0M |
| End cash position | 8.7M | 12.8M | 78.3M | 41.8M |
| Income tax paid | 573K | 3.8M | 2.1M | 428K |
| Interest paid | 3.0M | 873K | 60K | 0 |
| Free cash flow | -11.8M | -28.6M | -18.2M | 18.5M |