Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -176.1M | -414.4M | -251.0M | -83.3M |
| Net income | -277.1M | -457.6M | -345.1M | -132.2M |
| Depreciation | 29.2M | 28.5M | 25.1M | 16.5M |
| Deferred taxes | — | — | — | -3.3M |
| StockBased compensation | 75.7M | 117.3M | 93.4M | 67.3M |
| Other non cash items | 15.8M | 7.2M | 7.1M | -69.1M |
| Accounts receivable | 17.4M | 36.5M | -94.6M | -38.4M |
| Accounts payable | -29.3M | -5.5M | 55.8M | 26.1M |
| Other assets liabilities | -7.8M | -140.8M | 7.4M | 49.8M |
| Investing activities | -12.1M | 85.6M | -126.2M | -221.7M |
| Capital expenditures | -12.1M | -19.4M | -18.6M | -16.4M |
| Net intangibles | — | — | — | — |
| Net acquisitions | 0 | 0 | -2.8M | -205.3M |
| Purchase of investments | 0 | 0 | -284.8M | 0 |
| Sale of investments | 0 | 105M | 180M | 0 |
| Other investing activity | — | — | — | — |
| Financing activities | 18.0M | 294.5M | 354.5M | 425.9M |
| Long term debt issuance | 0 | 0 | 294.0M | 0 |
| Long term debt payments | — | 0 | 0 | -36.1M |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 10.2M | 287.2M | 49.5M | 0 |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | — | — | — |
| Other financing charges | 7.8M | 7.3M | 11.1M | 462.0M |
| End cash position | 225.0M | 357.8M | 294.6M | 315.6M |
| Income tax paid | 2.7M | 1.1M | 598K | 268K |
| Interest paid | 10.7M | 10.8M | 4.9M | 346K |
| Free cash flow | -159.0M | -348.4M | -285.6M | -173.6M |