Silvergate Capital Corp (SI) [Rocket]

In millions, except per share items	Dec-31-22	Sep-30-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21	Mar-31-21
	8-K	10-Q	8-K	10-Q	10-K	10-Q	8-K	10-Q
Net income	-1,049.9	40.6	35.9	24.7	18.4	23.5	20.9	12.7
Depreciation and amortization				0.8	0.7			0.6
Stock-based compensation				0.7	0.6			0.3
Change in working capital [+]				-47.8	56.4			0.5
Accrued expenses				-47.8	56.4			0.5
Other operating activities		-40.6		35.2	-115.4	-23.5		-34.2
Cash from operations		0.0		13.6	-39.4	0.0		-20.1

Capital expenditures		0.0		-0.3	-1.7	0.0		0.0
Purchases of property and equipment				-0.3	-1.7			0.0
Purchases of intangible assets				-58.4
Purchases of short-term investments, net				-2,740.2	-1,434.4	338.9		-796.3
Purchases of short-term investments				-3,303.8	-2,727.1			-817.7
Sales of short-term investments				563.6	1,292.7	338.9		21.4
Other cash from investing				-1,119.7	-75.7	-338.9		9.7
Cash from investing		0.0		-3,918.6	-1,511.7	0.0		-786.7

Issuance of common stock, net				-0.1	530.3			423.5
Option exercises				0.0	0.4			0.3
Other cash from financing				-97.4	2,624.6			1,752.9
Cash from financing		0.0		-97.5	3,154.6	0.0		2,176.2

Free cash flow		0.0		13.4	-41.0	0.0		-20.1
Per share (diluted)		$0.00		$0.43	($1.58)	$0.00		($0.87)

Cash paid for interest				0.5	0.2			0.4
Cash paid for income taxes				0.1	5.9			0.0