Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | -61.7M | -29.4M | -164.8M | -312.1M |
| Net income | 23.4M | 12.7M | -198.3M | -348.1M |
| Depreciation | 280K | 423K | 515K | 494K |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 42.5M | 37.9M | 19.2M | 61.3M |
| Other non cash items | 4.2M | 4.5M | 4.4M | 2.4M |
| Accounts receivable | -78.1M | -51.1M | 1.4M | -1.4M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -54.0M | -33.8M | 8.0M | -26.8M |
| Investing activities | -1.0M | -50.7M | -20.0M | -332K |
| Capital expenditures | -45K | 0 | -14K | -401K |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -311.9M | -146.9M | -107.3M | -55.5M |
| Sale of investments | 310.9M | 96.2M | 87.3M | 55.6M |
| Other investing activity | — | — | — | — |
| Financing activities | 127.6M | 71.2M | -975K | 41.2M |
| Long term debt issuance | 244.8M | 25M | 0 | 70M |
| Long term debt payments | -107.6M | 0 | -975K | -30M |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | 46.3M | 0 | 2.2M |
| Common stock repurchase | -8.8M | — | — | — |
| Common dividends | — | — | — | 0 |
| Other financing charges | -889K | -125K | — | -1.0M |
| End cash position | 181.2M | 94.2M | 103.6M | 300.2M |
| Income tax paid | 500K | — | — | — |
| Interest paid | 18.5M | 8.8M | 5.4M | 3.5M |
| Free cash flow | -40.6M | -31.4M | -176.2M | -296.0M |