Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 336.4M | -132.8M | -90.1M | -371.2M |
| Net income | 86.9M | -29.0M | -171.9M | -419.8M |
| Depreciation | 181.1M | 50.7M | 30.9M | 7.7M |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 42.6M | 23.6M | 14.4M | 13.9M |
| Other non cash items | 13.8M | -184.1M | 14.2M | 24.6M |
| Accounts receivable | -12.2M | -5.6M | 17.6M | -72K |
| Accounts payable | 16.7M | — | — | — |
| Other assets liabilities | 7.4M | 11.5M | 4.8M | 2.4M |
| Investing activities | -1.4B | -498.5M | -71.5M | -318.1M |
| Capital expenditures | -1.4B | -479.9M | -83.6M | -294.2M |
| Net intangibles | — | 183.6M | — | — |
| Net acquisitions | 0 | 0 | -1.2M | 0 |
| Purchase of investments | — | — | — | — |
| Sale of investments | 470K | 0 | 18.4M | 0 |
| Other investing activity | -19.5M | -18.6M | -5.1M | -23.9M |
| Financing activities | 1.3B | 782.1M | 28.2M | 372.0M |
| Long term debt issuance | 701.2M | 0 | 0 | 65.2M |
| Long term debt payments | 0 | -497K | -9.8M | -12.1M |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 602.7M | 783.6M | 39.3M | 215.3M |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | — | — | — |
| Other financing charges | -9.2M | -946K | -1.3M | 103.6M |
| End cash position | 564.5M | 404.6M | 68.9M | 110.0M |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -1.1B | -610.8M | -110.0M | -272.7M |