Financials
Cash flow
| Fiscal date | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Operating activities | -59.2M | -75.9M | -80.2M | -53.7M |
| Net income | -63.0M | -79.4M | -89.8M | -61.6M |
| Depreciation | 2.0M | 440K | 431K | 357K |
| Deferred taxes | — | — | — | 0 |
| StockBased compensation | 5.5M | 5.0M | 4.2M | 3.4M |
| Other non cash items | 2.3M | 408K | 3.1M | 166K |
| Accounts receivable | -1.6M | 0 | — | -1.6M |
| Accounts payable | -4.5M | -1.9M | 1.9M | 5.1M |
| Other assets liabilities | 56K | -575K | -84K | 573K |
| Investing activities | -810K | 34.0M | -60.9M | 1.4M |
| Capital expenditures | -1.0M | -6.4M | -15.1M | -11.8M |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | 0 | -5.0M | -107.4M | -158K |
| Sale of investments | 0 | 45.0M | 61.5M | 13.6M |
| Other investing activity | 238K | 406K | — | -158K |
| Financing activities | 61.7M | 45.1M | 70.8M | 131.7M |
| Long term debt issuance | 0 | 22.8M | 70.8M | 0 |
| Long term debt payments | -2.2M | 0 | — | -2.0M |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 64.0M | 22.3M | 0 | 133.3M |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | — | — | 0 |
| Other financing charges | — | — | — | 399K |
| End cash position | 46.6M | 64.7M | 55.9M | 127.2M |
| Income tax paid | — | — | — | — |
| Interest paid | 5.9M | 4.4M | 2.6M | 34K |
| Free cash flow | -80.2M | -76.8M | -96.8M | -62.0M |