Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | -136.1M | -237.9M | -260.1M | -181.2M |
| Net income | -140.0M | -262.1M | -311.5M | -206.4M |
| Depreciation | 2.6M | 1.5M | 934K | 454K |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 41.7M | 38.8M | 32.7M | 23.9M |
| Other non cash items | 5.8M | 4.4M | 32.6M | 309K |
| Accounts receivable | -47.3M | -17.3M | -8.5M | 0 |
| Accounts payable | 2.2M | 3.2M | 1.6M | 245K |
| Other assets liabilities | -1.1M | -6.3M | -7.9M | 243K |
| Investing activities | 33.8M | 180.2M | -64.2M | -76.0M |
| Capital expenditures | -143K | -428K | -333K | -995K |
| Net intangibles | -5M | 0 | -23.0M | 0 |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -254.8M | -225.8M | -415.4M | -292.5M |
| Sale of investments | 288.8M | 406.5M | 351.5M | 217.6M |
| Other investing activity | — | — | — | — |
| Financing activities | 61.7M | 98.9M | 298.9M | 279.8M |
| Long term debt issuance | 0 | 0 | 125M | 74.0M |
| Long term debt payments | -100M | — | — | — |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 161.7M | 98.9M | 176.0M | 207.5M |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | — | — | — |
| Other financing charges | — | — | -2.2M | -1.6M |
| End cash position | 72.0M | 89.3M | 54.9M | 98.0M |
| Income tax paid | — | — | — | — |
| Interest paid | 22.2M | 25.4M | 12.6M | 142K |
| Free cash flow | -117.3M | -247.5M | -281.0M | -175.6M |