Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -2.4B | -1.3B | -4.4M | 34.5M |
| Net income | 1.7B | 540.9M | 250.3M | 217.1M |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 1.8M | — | — | — |
| Other non cash items | 322.8M | 190.1M | 101.4M | 72.2M |
| Accounts receivable | -3.2B | -351.1M | -235.2M | -203.6M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -1.3B | -1.7B | -121.0M | -51.1M |
| Investing activities | -780.0M | -1.1B | -387.4M | -931K |
| Capital expenditures | -143.4M | -197.4M | -23.2M | -6.4M |
| Net intangibles | -8.5M | -71K | 0 | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -1.3B | -877.1M | -183.7M | -237.4M |
| Sale of investments | 671.5M | 0 | 3.0M | 242.8M |
| Other investing activity | -12.4M | -1K | -183.6M | 2K |
| Financing activities | 5.2B | 2.6B | 535.8M | 180.2M |
| Long term debt issuance | — | 71.7M | 0 | 102.2M |
| Long term debt payments | — | 0 | -26.2M | 0 |
| Short term debt issuance | 2.6B | 1.5B | 572.7M | 78.0M |
| Common stock issuance | 2.6B | 1.1B | 0 | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | -10.7M | -10.7M | — |
| Other financing charges | — | — | -1K | 1K |
| End cash position | 108.8M | 133.6M | 183.8M | 13.8M |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -2.9B | -1.6B | -88.0M | -78.6M |