Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | -215.1M | -238.6M | -179.6M | -134.2M |
| Net income | -258.1M | -325.1M | -277.4M | -173.9M |
| Depreciation | 3.5M | 1.7M | 765K | 490K |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 109.1M | 94.5M | 73.0M | 38.4M |
| Other non cash items | 1.8M | 1.7M | 1.1M | 993K |
| Accounts receivable | -40.3M | -5.9M | 0 | 0 |
| Accounts payable | 4.6M | -196K | 4.2M | 2.1M |
| Other assets liabilities | -35.6M | -5.2M | 18.7M | -2.3M |
| Investing activities | 85.2M | 42.1M | -205.4M | 85.6M |
| Capital expenditures | — | — | — | — |
| Net intangibles | -16.3M | — | — | — |
| Net acquisitions | -8.2M | -2.8M | -4.2M | 0 |
| Purchase of investments | -285.1M | -575.7M | -481.1M | -305.4M |
| Sale of investments | 378.6M | 620.7M | 279.8M | 391.0M |
| Other investing activity | — | — | — | — |
| Financing activities | -8.4M | 296.5M | 338.7M | 0 |
| Long term debt issuance | — | — | — | — |
| Long term debt payments | — | — | — | — |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 0 | 299.3M | 340.1M | 0 |
| Common stock repurchase | -8.4M | -2.8M | -1.3M | 0 |
| Common dividends | — | — | — | — |
| Other financing charges | — | — | — | — |
| End cash position | 70.4M | 176.7M | 68.1M | 104.5M |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -196.3M | -230.2M | -171.8M | -129.9M |