Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | -406.4M | -433.1M | -305.7M | -153.0M |
| Net income | -589.5M | -526.2M | -389.0M | -215.3M |
| Depreciation | 9.5M | 11.9M | 5.8M | 2.3M |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 97.8M | 72.1M | 47.9M | 26.8M |
| Other non cash items | 51.9M | 24.8M | 57.7M | 32.4M |
| Accounts receivable | -15.4M | -1.1M | 56.7M | -47.4M |
| Accounts payable | -4.5M | -3.5M | 4.5M | 1.1M |
| Other assets liabilities | 43.8M | -11.0M | -89.3M | 47.1M |
| Investing activities | -553.1M | 239.3M | -262.1M | -147.8M |
| Capital expenditures | -3.9M | -1.4M | -11.3M | -48.9M |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -1.3B | -635.2M | -855.4M | -525.0M |
| Sale of investments | 744.2M | 875.9M | 604.6M | 426.1M |
| Other investing activity | — | — | — | — |
| Financing activities | 877.6M | 202.9M | 498.6M | 307.6M |
| Long term debt issuance | 0 | 0 | 523.6M | 0 |
| Long term debt payments | -9.6M | -858K | -188.9M | 0 |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 706.8M | 164.2M | 0 | 312.0M |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | — | — | — |
| Other financing charges | 180.4M | 39.5M | 164.0M | -4.4M |
| End cash position | 95.2M | 113.4M | 67.2M | 112.7M |
| Income tax paid | — | — | — | — |
| Interest paid | 26.0M | 10.3M | 15.2M | 9.2M |
| Free cash flow | -399.8M | -415.7M | -310.9M | -191.4M |