Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -154.7M | -6.5M | -14.2M | -11.3M |
| Net income | -135.5M | -9.1M | -13.1M | -4.1M |
| Depreciation | 2.1M | 0 | 0 | 18.4K |
| Deferred taxes | -30.8M | 0 | 0 | — |
| StockBased compensation | — | 0 | 0 | 391.6K |
| Other non cash items | -98.9K | 395.9K | — | — |
| Accounts receivable | -859.5K | 327.2K | -8.1M | 0 |
| Accounts payable | 417.2K | 166.0K | 712.9K | 148.5K |
| Other assets liabilities | 9.9M | 1.7M | 6.3M | -7.8M |
| Investing activities | -105.9M | -54.7M | 18.5M | -20.0M |
| Capital expenditures | -154.5K | 0 | 0 | -4.9K |
| Net intangibles | — | — | — | — |
| Net acquisitions | -93.8M | -56.3M | 0 | — |
| Purchase of investments | — | — | — | 0 |
| Sale of investments | — | — | — | — |
| Other investing activity | -12.0M | 1.5M | 18.5M | -20M |
| Financing activities | 195.9M | 124.0M | -55.0M | -896.0K |
| Long term debt issuance | — | — | — | — |
| Long term debt payments | 0 | -7.7M | -27.5M | -10M |
| Short term debt issuance | 0 | -7.7M | -27.5M | -10M |
| Common stock issuance | 195.9M | 139.3M | 0 | 10.0M |
| Common stock repurchase | — | — | — | 0 |
| Common dividends | — | — | — | — |
| Other financing charges | — | — | — | 9.1M |
| End cash position | 176.2M | 86.2M | 9.2M | 21.9M |
| Income tax paid | 3.0K | 25.0K | 17.5K | 92.8K |
| Interest paid | 0 | 111.6K | 336.6K | 676.9K |
| Free cash flow | 1.0M | 1.4M | -3.3M | -8.6M |