Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | -59.5M | -42.0M | -36.7M | -16.4M |
| Net income | -68.5M | -51.8M | -41.1M | -20.9M |
| Depreciation | 36K | 30K | 13K | 13K |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 7.4M | 7.3M | 3.7M | 4.0M |
| Other non cash items | 526K | 352K | 667K | 384K |
| Accounts receivable | — | — | — | — |
| Accounts payable | 1.1M | 2.1M | -11K | 142K |
| Other assets liabilities | — | — | — | — |
| Investing activities | 48.7M | -101.5M | 0 | — |
| Capital expenditures | 0 | -153K | 0 | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -66.4M | -107.3M | 0 | — |
| Sale of investments | 115.1M | 6M | 0 | — |
| Other investing activity | — | — | — | — |
| Financing activities | 48.7M | 11.6M | 102.8M | 51.5M |
| Long term debt issuance | — | — | 0 | 15M |
| Long term debt payments | — | 0 | -16.0M | 0 |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 49.0M | 12.3M | 122.8M | 41M |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | — | — | — |
| Other financing charges | -318K | -759K | -4.0M | -4.5M |
| End cash position | 70.4M | 16.0M | 150.4M | 41.0M |
| Income tax paid | 0 | 0 | 0 | 0 |
| Interest paid | 0 | 0 | 1.5M | 177K |
| Free cash flow | -57.4M | -44.6M | -39.6M | -20.4M |