Cash flow Statement (Quarterly, GAAP
in millions $) |
(Dec 31 2023) 12 Months |
(Sep 30 2023) 9 Months |
(Jun 30 2023) 6 Months |
(Mar 31 2023) 3 Months |
(Dec 31 2022) 12 Months |
Income |
-145.95 |
-113.37 |
-120.89 |
-62.37 |
72.89 |
Depreciation & amortization |
2.16 |
1.55 |
0.98 |
0.51 |
0.98 |
Amortization of Other Assets |
- |
- |
0.09 |
- |
0.02 |
Extraordinary Item, Gain (Loss), Insurance Assets, Accretion Expense
|
- |
- |
- |
- |
- |
Restructuring & Impairment Charges |
- |
- |
- |
- |
- |
Provision for Loan, Lease, and Other Losses |
- |
- |
- |
- |
- |
Increase (Decrease) in Inventories |
-4.11 |
3.16 |
0.17 |
0.19 |
-4.75 |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets |
- |
- |
- |
- |
- |
Share-based Compensation |
54.03 |
41.81 |
29.73 |
17.16 |
63.29 |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Fair Value Adjustment of Warrants |
- |
- |
- |
- |
- |
Amortization Of Deferred Rent |
- |
- |
- |
- |
- |
Fair Value Adjustment Of Earnout Liabilities |
25.50 |
59.98 |
27.75 |
-112.16 |
-118.26 |
Amortization Of Intangibles |
14.05 |
9.27 |
4.54 |
-0.47 |
-0.58 |
Increase Decrease In Operating Lease Liability |
-1.45 |
-0.53 |
-0.51 |
- |
- |
Income taxes |
-0.78 |
0.01 |
0.01 |
0.01 |
- |
Losses/ -gains on Investments net |
- |
- |
- |
- |
- |
Increase (Decrease) in Accounts Receivable |
-16.73 |
-8.45 |
-6.03 |
1.70 |
1.25 |
Increase (Decrease) in Accounts Payable and Accrued Liabilities |
12.20 |
20.76 |
11.83 |
3.38 |
7.14 |
Increase (Decrease) in Accrued Liabilities |
- |
- |
- |
- |
- |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Increase (Decrease) in Prepaid Expense and Other Assets |
-3.00 |
-0.89 |
-0.67 |
0.74 |
-23.19 |
Other Working Capital |
-1.17 |
-1.65 |
-1.64 |
-1.61 |
-0.45 |
Other Noncash Income (Expense) |
0.09 |
0.09 |
- |
0.09 |
4.35 |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
12.50 |
1.45 |
0.51 |
0.51 |
-43.24 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
-40.10 |
-17.44 |
-17.20 |
-7.92 |
-44.50 |
Capital Expenditures |
-4.78 |
-3.41 |
-1.70 |
-0.82 |
-4.64 |
Sale of Capital Items |
- |
- |
- |
- |
- |
Short-term Investments Proceeds |
- |
- |
- |
- |
- |
Short-term Investments Acq. |
- |
- |
- |
- |
- |
Real Estate Investments |
- |
- |
- |
- |
- |
Payments For Asset Acquisitions |
- |
- |
- |
- |
- |
Restricted Cash and Investments Increase (Decrease) |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Loans |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Payments to Acquire Investments |
-1.00 |
-1.00 |
-1.00 |
-1.00 |
- |
Payments for (Proceeds from) Federal Reserve and Federal Home Loan Bank |
- |
- |
- |
- |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
- |
- |
- |
- |
-96.36 |
Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
-6.70 |
Sale of businesses |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Proceeds from Collection of Notes Receivable |
- |
- |
- |
- |
0.10 |
Payments for (Proceeds from) Other Investing Activities |
- |
- |
- |
- |
- |
Other Net |
- |
- |
0.00 |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-5.78 |
-4.41 |
-2.70 |
-1.82 |
-107.61 |
Short-term debt Net |
- |
- |
- |
- |
- |
Other borrowing transactions |
-0.48 |
-0.48 |
-0.48 |
- |
- |
Long-term debt - borrowings |
- |
- |
- |
- |
- |
Long-term debt - repayments |
- |
- |
- |
- |
-6.93 |
Federal Home Loan Bank and Federal Funds |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
88.86 |
88.70 |
87.80 |
0.22 |
1.12 |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Deposits, Annuities, Contract Holders Funds |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
-110.34 |
-110.34 |
-110.34 |
-110.34 |
-268.25 |
Proceeds From Issuance Of Class |
- |
- |
- |
- |
- |
Proceeds From Reverse Recapitalization |
- |
- |
- |
- |
- |
Payment Of Preferred Stock Issuance Costs |
- |
- |
- |
- |
- |
Payable For Investment Contribution |
- |
- |
- |
- |
- |
Recognition Of Earnout Liability |
- |
- |
- |
- |
- |
Recognition Of Warrant Liability |
- |
- |
- |
- |
- |
Conversion Of Stock Amount Converted |
- |
- |
- |
- |
- |
Redemption Of Warrants |
- |
- |
- |
- |
-0.04 |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents |
110.34 |
110.34 |
110.34 |
268.25 |
268.25 |
Payments of Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
- |
- |
- |
- |
- |
Net Cash flow from
Financing Activities |
88.38 |
88.21 |
87.31 |
0.22 |
-5.81 |
Effect of exchange rate on cash flow |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
-44.88 |
-20.85 |
-18.90 |
-8.74 |
-49.14 |
Total Cash Flow |
42.50 |
66.36 |
67.41 |
-9.51 |
-157.92 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
0.16 |
0.06 |
- |
0.01 |
0.19 |