Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 153.8M | 17.3M | -92.5M | -170.4M |
| Net income | -154.9M | -286.7M | -247.4M | -355.0M |
| Depreciation | 20.6M | 15.5M | 11.8M | 10.4M |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 277.9M | 237.1M | 177.5M | 228.7M |
| Other non cash items | 5.3M | 1.1M | 3.2M | 8.2M |
| Accounts receivable | -75.5M | -46.4M | -47.5M | -47.0M |
| Accounts payable | 37.3M | 26.6M | 13.5M | 69.9M |
| Other assets liabilities | 43.2M | 70.1M | -3.5M | -85.5M |
| Investing activities | -66.6M | -78.7M | -631.8M | -20.0M |
| Capital expenditures | -20.2M | -11.0M | -33.2M | -19.4M |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -649.5M | -740.5M | -685.6M | 0 |
| Sale of investments | 603.2M | 672.9M | 86.6M | 0 |
| Other investing activity | -200K | -50K | 382K | -682K |
| Financing activities | -1.7M | -2.2M | -3.8M | 700.3M |
| Long term debt issuance | — | — | — | — |
| Long term debt payments | -1.7M | -2.2M | -1.3M | -545K |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | 0 | 0 | 846.7M |
| Common stock repurchase | — | 0 | 0 | -5K |
| Common dividends | — | — | — | — |
| Other financing charges | -7K | — | -2.5M | -145.9M |
| End cash position | 245.8M | 154.7M | 223.8M | 944.3M |
| Income tax paid | 3.5M | 2.1M | 607K | 467K |
| Interest paid | — | — | — | — |
| Free cash flow | 111.5M | -22.8M | -136.3M | -190.8M |