Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 286.4M | -113.4M | -90.1M | -371.2M |
| Net income | 74.0M | -24.7M | -171.9M | -419.8M |
| Depreciation | 154.2M | 43.2M | 30.9M | 7.7M |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 36.3M | 20.2M | 14.4M | 13.9M |
| Other non cash items | 11.7M | -157.1M | 14.2M | 24.6M |
| Accounts receivable | -10.4M | -4.8M | 17.6M | -72K |
| Accounts payable | 14.2M | — | — | — |
| Other assets liabilities | 6.3M | 9.8M | 4.8M | 2.4M |
| Investing activities | -1.2B | -425.5M | -71.5M | -318.1M |
| Capital expenditures | -1.2B | -409.6M | -83.6M | -294.2M |
| Net intangibles | — | 156.7M | — | — |
| Net acquisitions | 0 | 0 | -1.2M | 0 |
| Purchase of investments | — | — | — | — |
| Sale of investments | 400.2K | 0 | 18.4M | 0 |
| Other investing activity | -16.6M | -15.9M | -5.1M | -23.9M |
| Financing activities | 1.1B | 667.6M | 28.2M | 372.0M |
| Long term debt issuance | 597.1M | 0 | 0 | 65.2M |
| Long term debt payments | 0 | -424.2K | -9.8M | -12.1M |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 513.2M | 668.9M | 39.3M | 215.3M |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | — | — | — |
| Other financing charges | -7.8M | -807.5K | -1.3M | 103.6M |
| End cash position | 480.7M | 345.4M | 68.9M | 110.0M |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -959.4M | -521.4M | -110.0M | -272.7M |