Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -52.0M | -42.1M | -109.3M | -80.7M |
| Net income | -288.7M | -279.7M | -258.3M | -184.5M |
| Depreciation | 12.6M | 12.7M | 5.8M | 5.0M |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 231.0M | 215.8M | 208.0M | 109.0M |
| Other non cash items | -10.3M | 840K | 7.0M | 3.9M |
| Accounts receivable | -9.1M | 4.5M | -52.4M | -13.6M |
| Accounts payable | 3.6M | -12.9M | -21.2M | 33.1M |
| Other assets liabilities | 8.9M | 16.6M | 1.7M | -33.6M |
| Investing activities | 16.4M | -63.9M | 58.6M | 305.0M |
| Capital expenditures | -3.0M | -25.3M | -67.7M | -3.6M |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -647.0M | -827.9M | -716.0M | -765.2M |
| Sale of investments | 666.5M | 789.3M | 842.3M | 1.1B |
| Other investing activity | — | — | — | — |
| Financing activities | -9.1M | -13.2M | -6.7M | -14.5M |
| Long term debt issuance | — | — | 0 | 0 |
| Long term debt payments | — | — | — | — |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | 0 | 0 |
| Common stock repurchase | — | 0 | 0 | -14.4M |
| Common dividends | — | — | — | — |
| Other financing charges | -9.1M | -13.2M | -6.7M | -100.9K |
| End cash position | 176.9M | 179.7M | 285.7M | 338.7M |
| Income tax paid | 920K | 975K | 555.3K | 902.1K |
| Interest paid | — | — | — | — |
| Free cash flow | -44.4M | -90.4M | -179.9M | -87.2M |