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verdverm 4 hours ago

I saw some commentary that their free cash flow is misleading because it doesn't subtract the stock compensation they are paying to attract / keep top AI talent. Their point was also that deciphering financial statements is hard

brainwad 4 hours ago | parent [-]

Why would it? Stock compensation doesn't affect cash flow, it just dilutes the shareholders.

verdverm 3 hours ago | parent [-]

Except that's the thing, they do stock buybacks so they do not dilute existing shareholders or lower stock prices.

This is the video I watched that explained the shenanigans (from the guests' perspective, not illegal, obfuscated)

https://www.youtube.com/watch?v=YrJzjC4kKCY