Cloudflare is cash-flow positive because a big chunk of employee compensation is paid thru the issuance of new shares (eg constantly raising more money and dilu

Cloudflare is cash-flow positive because a big chunk of employee compensation is paid thru the issuance of new shares (eg constantly raising more money and diluting existing owners / investors). If you include that comp as a cost they are not making money https://stockanalysis.com/stocks/net/financials/cash-flow-statement/ https://stockanalysis.com/stocks/net/financials/cash-flow-st...