Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -228.2M | 75.0M | -6.0M | -43.6M |
| Net income | 74.2M | 47.2M | 27.7M | 11.0M |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 963K | 3.0M | 836K | 0 |
| Other non cash items | 9.5M | 7.6M | 3.4M | 607K |
| Accounts receivable | -377.8M | 24.9M | -54.9M | -52.0M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 64.9M | -7.7M | 17.0M | -3.3M |
| Investing activities | -72.1M | -51.8M | -136.9M | -6.5M |
| Capital expenditures | -50.1M | -53.3M | -136.9M | -5.9M |
| Net intangibles | — | -9.5M | 0 | — |
| Net acquisitions | -31.5M | 946K | 0 | -575K |
| Purchase of investments | -87K | -1.0M | 0 | 0 |
| Sale of investments | 9.5M | — | — | 0 |
| Other investing activity | — | 1.6M | — | — |
| Financing activities | 216.3M | 39.6M | 88.8M | 28.1M |
| Long term debt issuance | 149.1M | 85.2M | 84.9M | 0 |
| Long term debt payments | — | -17.0M | -2.6M | -310K |
| Short term debt issuance | — | -17.0M | 13.1M | 3.9M |
| Common stock issuance | 74.0M | 2.0M | 0 | 34.6M |
| Common stock repurchase | 0 | -7.2M | 0 | — |
| Common dividends | -492K | — | — | — |
| Other financing charges | -6.3M | -6.3M | -6.6M | -10.2M |
| End cash position | 87.2M | 60.5M | 36.8M | 28.0M |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -164.4M | -32.0M | -80.5M | -71.1M |