Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -1.3B | -1.3B | -982M | -848M |
| Net income | -879M | -1.1B | 53M | -389M |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -346M | 27M | -858M | -207M |
| Accounts receivable | -126M | -134M | -275M | 29M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 74M | -6M | 98M | -281M |
| Investing activities | 2.3B | -2.1B | 2.3B | -1.6B |
| Capital expenditures | -296M | -216M | -451M | -1.8B |
| Net intangibles | -9M | -8M | -58M | -6M |
| Net acquisitions | -245M | 0 | -23M | -2.0B |
| Purchase of investments | -20.4B | -20.5B | -20.3B | -23.8B |
| Sale of investments | 23.3B | 18.6B | 23.1B | 26B |
| Other investing activity | 14M | 30M | 14M | -18M |
| Financing activities | -55M | 334M | 167M | 1.3B |
| Long term debt issuance | — | — | — | 0 |
| Long term debt payments | -5M | -10M | -12M | -47M |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | 0 | 0 | -1.2B | 0 |
| Common dividends | — | — | — | — |
| Other financing charges | -50M | 344M | 1.4B | 1.4B |
| End cash position | 6.8B | 5.2B | 7.8B | 5.7B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -735M | -1.1B | -652M | -2.3B |