Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 288.5M | -113.6M | -90.1M | -371.2M |
| Net income | 74.6M | -24.8M | -171.9M | -419.8M |
| Depreciation | 155.3M | 43.3M | 30.9M | 7.7M |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 36.6M | 20.2M | 14.4M | 13.9M |
| Other non cash items | 11.8M | -157.4M | 14.2M | 24.6M |
| Accounts receivable | -10.5M | -4.8M | 17.6M | -72K |
| Accounts payable | 14.3M | — | — | — |
| Other assets liabilities | 6.4M | 9.9M | 4.8M | 2.4M |
| Investing activities | -1.2B | -426.3M | -71.5M | -318.1M |
| Capital expenditures | -1.2B | -410.4M | -83.6M | -294.2M |
| Net intangibles | — | 157.0M | — | — |
| Net acquisitions | 0 | 0 | -1.2M | 0 |
| Purchase of investments | — | — | — | — |
| Sale of investments | 403.1K | 0 | 18.4M | 0 |
| Other investing activity | -16.7M | -15.9M | -5.1M | -23.9M |
| Financing activities | 1.1B | 669.0M | 28.2M | 372.0M |
| Long term debt issuance | 601.4M | 0 | 0 | 65.2M |
| Long term debt payments | 0 | -425.1K | -9.8M | -12.1M |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 516.9M | 670.2M | 39.3M | 215.3M |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | — | — | — |
| Other financing charges | -7.9M | -809.1K | -1.3M | 103.6M |
| End cash position | 484.1M | 346.1M | 68.9M | 110.0M |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -966.3M | -522.4M | -110.0M | -272.7M |