Debt reduction and conf call BSI wish they were more open and honest when talking finances. At the conf call, someone brought up the question of whether they were counting on the warrants to meet their debt reduction numbers and they answered with a "NO". It's easy to see if they only make $130M FCF per year and they plan on paying off $460M by Q2 26, they either need the warrant money or they'll need to do another significant bought deal. Saying they don't need the warrants to make their debt targets is BS.
They had a good quarter and great year, no need for this BS.