Cash flow Statement (Quarterly, GAAP
in millions $) |
(Sep 30 2023) 9 Months |
(Jun 30 2023) 6 Months |
(Mar 31 2023) 3 Months |
(Dec 31 2022) 12 Months |
(Sep 30 2022) 9 Months |
Income |
-389.35 |
-259.93 |
-131.29 |
-388.96 |
-251.58 |
Depreciation & amortization |
5.56 |
3.70 |
1.85 |
5.81 |
4.16 |
Amortization of Other Assets |
- |
- |
- |
- |
- |
Increase (Decrease) in Deferred Revenue
|
- |
- |
- |
-87.00 |
-87.00 |
Restructuring Costs and Asset Impairment Charges |
- |
- |
- |
- |
- |
Provision for Loan, Lease, and Other Losses |
- |
- |
- |
- |
- |
Inventories Decrease /-Increase |
- |
- |
- |
- |
- |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Property Plant Equipment |
- |
- |
- |
- |
- |
Share-based Compensation |
52.58 |
33.86 |
15.19 |
47.85 |
34.36 |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Paid-in-Kind Interest |
20.95 |
13.87 |
6.89 |
8.39 |
2.69 |
Non Cash Interest Expense |
- |
- |
- |
- |
- |
Noncash Restructuring Charges |
- |
- |
- |
- |
- |
Noncash Interest Expense |
- |
- |
- |
- |
- |
Non Cash Interest Expense Related To Long Term Debt |
- |
- |
- |
- |
- |
Interest Receivable And Amortization On Investments |
-10.63 |
-6.90 |
-3.04 |
-0.49 |
1.55 |
Increase Decrease In Contract Assets |
- |
- |
- |
- |
- |
Non Cash Interest Expense Related To Sale Of Future Royalties |
- |
- |
- |
- |
- |
Non Cash Equity Related Expense |
- |
- |
- |
- |
- |
Increase Decrease In Contract With Customer Asset |
- |
- |
- |
- |
- |
Increase Decrease In Contract With Customer Liability |
- |
- |
- |
- |
- |
Non Cash Interest Expense On Liabilities Related To Revenue Participant Right Purchase Agreement |
19.55 |
12.66 |
6.31 |
- |
- |
Non Cash Lease Expense |
2.81 |
1.87 |
0.94 |
1.50 |
-0.06 |
Increase Decrease In Operating Lease Liabilities |
-0.27 |
- |
- |
1.06 |
0.82 |
Income taxes |
- |
- |
- |
- |
- |
Gain (Loss) on Sale of Investments |
0.04 |
0.04 |
0.03 |
0.11 |
0.11 |
Increase (Decrease) in Accounts Receivable |
-2.35 |
-0.84 |
-0.86 |
56.67 |
54.53 |
Increase (Decrease) in Accounts Payable, Trade |
-11.19 |
-12.43 |
-8.11 |
4.52 |
-8.52 |
Increase (Decrease) in Accrued Liabilities |
-15.03 |
-19.18 |
-7.76 |
10.84 |
11.20 |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Increase (Decrease) in Prepaid Expense and Other Assets |
-6.94 |
-7.28 |
-1.63 |
-7.41 |
-8.94 |
Other Working Capital |
-6.01 |
-3.35 |
-0.71 |
-4.06 |
-3.86 |
Other Noncash Items |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
- |
-0.19 |
-0.12 |
23.97 |
49.47 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
-340.30 |
-244.09 |
-122.29 |
-299.52 |
-201.33 |
Capital Expenditures |
-1.34 |
-1.12 |
-0.40 |
-11.34 |
-8.13 |
Sale of Capital Items |
- |
- |
- |
- |
- |
Short-term Investments Proceeds |
731.10 |
540.12 |
255.68 |
604.59 |
446.96 |
Payments to Acquire Available-for-sale Securities, Debt |
-409.10 |
-291.37 |
-89.78 |
-855.39 |
-730.21 |
Real Estate Investments |
- |
- |
- |
- |
- |
Increase (Decrease) in Restricted Cash |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Loans |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investments |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Federal Reserve and Federal Home Loan Bank |
- |
- |
- |
- |
- |
Acquisition Net of Cash Acquired |
- |
- |
- |
- |
- |
Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Receivables |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
- |
- |
- |
- |
- |
Other Net |
0.00 |
0.00 |
- |
0.00 |
0.00 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
320.66 |
247.63 |
165.50 |
-262.13 |
-291.38 |
Short-term debt Net |
- |
- |
- |
- |
- |
Other borrowing transactions |
- |
- |
- |
-2.41 |
-2.41 |
Long-term debt - borrowings |
- |
- |
- |
523.59 |
523.59 |
Long-term debt - repayments |
- |
- |
- |
-47.65 |
-47.65 |
Federal Home Loan Bank and Federal Funds |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
13.67 |
9.23 |
3.55 |
17.54 |
- |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Deposits, Annuities, Contract Holders Funds |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
39.48 |
-10.52 |
-10.52 |
-0.35 |
-135.99 |
Proceeds From Initial And Subsequent Public Offering And Sale To Related Party Net Of Issuance Costs |
- |
- |
- |
- |
- |
Proceeds From Draw Down Of Committed Equity Financing Facilities And At Market Facility Net Of Issuance Costs |
- |
- |
- |
- |
- |
Proceeds From Other Issuances Of Common Stock And Warrants Net Of Issuance Costs |
- |
- |
- |
- |
- |
Proceeds And Payments From Stock Based Award And Warrants Net Of Issuance Costs |
- |
- |
- |
- |
- |
Proceeds From Sale Of Future Royalties Net Of Issuance Costs |
- |
- |
- |
- |
- |
Proceeds From Issuance Of Common Stock Related To Sale Of Future Royalties Net Of Issuance Costs |
- |
- |
- |
- |
- |
Proceeds And Payments From Stock Based Award Net Of Issuance Costs |
- |
- |
- |
- |
- |
Proceeds From Convertible Notes Net Of Debt Discount And Issuance Costs |
- |
- |
- |
- |
- |
Payment For Purchase Of Capped Call Options Associated With Convertible Notes |
- |
- |
- |
- |
- |
Proceeds From Claims Settlements |
- |
- |
- |
- |
- |
Proceeds From Issuance Of Underwritten Public Offering Of Common Stock Net |
- |
- |
- |
- |
- |
Finance Lease Principal Payments |
-0.64 |
-0.42 |
-0.21 |
-0.84 |
-0.42 |
Proceeds From2020 Rpi Transactions Net |
- |
- |
- |
149.58 |
149.58 |
Payments of Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
- |
- |
- |
- |
- |
Net Cash flow from
Financing Activities |
52.52 |
-1.70 |
-7.18 |
516.17 |
486.28 |
Effect of exchange rate on cash flow |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
-341.64 |
-245.21 |
-122.69 |
-310.85 |
-209.46 |
Total Cash Flow |
32.89 |
1.83 |
36.03 |
-45.48 |
-6.43 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
- |
- |