Financials
Cash flow
| Fiscal date | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Operating activities | -18.8M | -32.7M | -30.0M | -39.2M |
| Net income | -18.4M | 47.8M | -35.1M | -40.4M |
| Depreciation | 311K | 1.6M | 2.0M | 1.9M |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 1.7M | 2.9M | 4.6M | 4.4M |
| Other non cash items | -1.8M | -85.0M | -2.5M | -2.8M |
| Accounts receivable | -189K | -149K | 475K | -203K |
| Accounts payable | -575K | 551K | 111K | 1.0M |
| Other assets liabilities | 111K | -478K | 446K | -3.1M |
| Investing activities | -528K | 36.5M | -26.1M | 34.1M |
| Capital expenditures | -100K | -364K | -1.8M | -1.9M |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -3.7M | -7.9M | -70.5M | -44.6M |
| Sale of investments | 500K | 46.4M | 47.0M | 80.6M |
| Other investing activity | 2.7M | -1.7M | -821K | — |
| Financing activities | 3.4M | -581K | 41.2M | 16.6M |
| Long term debt issuance | — | — | — | 0 |
| Long term debt payments | -5.4M | -8.4M | -8.8M | -4.7M |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 8.9M | 8.2M | 50.3M | 21.3M |
| Common stock repurchase | 0 | -315K | 0 | — |
| Common dividends | — | — | — | — |
| Other financing charges | -22K | -58K | -249K | -86K |
| End cash position | 5.7M | 20.3M | 12.7M | 27.3M |
| Income tax paid | — | — | — | — |
| Interest paid | 119K | 837K | 1.6M | 2.3M |
| Free cash flow | -17.6M | -28.7M | -31.8M | -40.4M |