7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2012-12-31 2011-12-31 2010-12-31 
      
                                                       
      assets
                                                       
      current assets:
                                                       
      cash and cash equivalents
    22,408,000 37,412,000 37,076,000 36,330,000 31,846,000 62,788,000 43,101,000 26,285,000 17,531,000 27,197,000 40,574,000 30,776,000 24,004,000 47,320,000 81,330,000 109,282,000 77,883,000 30,954,000 79,421,000 52,251,000 96,918,000 45,899,000 26,416,000 31,799,000 90,082,000 78,872,000 83,969,000 36,942,000 21,933,000 10,193,000 12,461,000 54,292,000 15,225,000 24,212,000 29,851,000 23,413,000 26,630,000 42,970,000 144,772,000 166,779,000 181,089,000 207,205,000 232,276,000 72,187,000 78,177,000 85,267,000 134,357,000 68,716,531 46,785,518 9,184,134 12,346,010 
      investments in marketable securities, current
    71,294,000 60,676,000 75,631,000 86,293,000 95,948,000 79,198,000 86,139,000 99,718,000 116,649,000 125,287,000 106,154,000 116,137,000 110,714,000 102,879,000 84,147,000 46,035,000 43,520,000 47,425,000 52,540,000 71,017,000 21,378,000 36,489,000 58,475,000                             
      accounts receivable
    905,000 1,025,000 1,182,000 2,409,000 1,608,000 1,767,000 2,139,000 1,776,000 2,171,000 2,614,000 2,664,000 1,352,000 1,835,000 1,970,000 1,313,000 899,000 1,667,000 1,298,000 1,265,000 1,312,000 1,075,000 1,108,000 1,072,000 1,204,000 2,488,000 1,531,000 923,000 1,431,000 538,000 1,322,000 719,000 402,000 846,000 1,042,000 7,878,000 273,000 395,000 456,000 340,000 1,008,000 2,192,000 6,332,000 4,564,000 1,903,000 2,094,000 299,000 1,521,000 116,556 1,069,437 880,693 3,318,729 
      prepaid expenses and other current assets
    2,835,000 4,006,000 2,919,000 2,284,000 3,375,000 4,467,000 4,493,000 4,248,000 5,256,000 3,702,000 3,462,000 2,874,000 4,583,000 5,622,000 5,908,000 4,445,000 3,466,000 3,789,000 4,115,000 3,124,000 1,871,000 2,040,000 2,370,000  1,771,000 2,770,000                          
      total current assets
    97,442,000 103,119,000 116,808,000 127,316,000 132,777,000 148,220,000 135,872,000 132,027,000 141,607,000 158,800,000 152,854,000 151,139,000 141,136,000 157,791,000 172,698,000 160,661,000 126,536,000 83,466,000 137,341,000 127,704,000 121,242,000 85,536,000 88,333,000 93,828,000 94,341,000 99,583,000 112,486,000 129,229,000 144,025,000 157,769,000 175,186,000 129,366,000 90,813,000 105,922,000 120,268,000 132,564,000 151,812,000 168,085,000 174,757,000 183,882,000 200,027,000 215,702,000 239,769,000 116,418,000 111,737,000 118,164,000 137,001,000 70,342,653 50,983,446 11,793,713 17,908,827 
      property and equipment
    137,000 148,000 168,000 3,309,000 3,556,000 4,059,000 4,414,000 4,674,000 5,033,000 5,370,000 4,853,000 5,070,000 5,241,000 5,493,000 5,664,000 5,983,000 6,352,000 6,779,000 6,584,000 6,927,000 7,262,000 7,741,000 8,176,000 8,676,000  9,402,000 9,667,000  16,813,000 16,576,000 25,080,000 24,854,000 24,747,000 24,284,000 22,523,000 17,683,000 14,555,000 14,121,000 13,167,000 12,912,000 12,243,000 12,469,000 11,925,000 12,959,000 13,093,000 13,589,000 13,367,000 13,038,751 13,121,268 18,684,491 3,113,416 
      right of use asset
       1,048,000 1,144,000 1,237,000 1,327,000 1,416,000 1,502,000 1,585,000 1,665,000 1,744,000 1,821,000 1,922,000 2,007,000 2,092,000 2,174,000 2,225,000 2,315,000 2,405,000 2,491,000 2,575,000 2,657,000 2,738,000 2,817,000 2,901,000 3,081,000                         
      other non-current assets
    131,000  34,000 34,000     3,000 11,000 62,000 103,000 167,000 180,000 190,000 61,000    44,000 109,000 173,000 233,000 293,000                            
      total assets
    97,710,000 103,267,000 117,010,000 131,707,000 140,441,000 160,043,000 150,290,000 144,401,000 158,641,000 176,823,000 191,224,000 195,419,000 203,801,000 215,836,000 236,877,000 204,485,000 165,596,000 135,376,000 146,240,000 137,080,000 131,104,000 97,625,000 102,614,000 105,535,000 117,277,000 192,570,000 209,216,000 227,905,000 245,418,000 277,014,000 270,026,000 237,161,000 239,845,000 255,075,000 268,140,000 275,919,000 514,730,000 530,861,000 703,254,000 712,291,000 722,631,000 773,820,000 787,064,000 118,178,000 125,059,000 132,068,000 138,522,000 71,715,810 52,328,318 13,991,292 21,022,243 
      liabilities and stockholders’ equity
                                                       
      current liabilities:
                                                       
      accounts payable and accrued liabilities
    4,653,000 4,508,000 12,109,000 7,564,000 7,544,000 11,108,000 8,247,000 10,271,000 9,806,000 8,805,000 9,653,000 16,029,000 12,268,000 12,474,000 8,715,000 10,838,000 9,727,000 8,352,000 6,063,000 8,901,000 6,913,000 5,813,000 3,565,000 7,098,000 8,199,000 7,940,000 6,828,000 9,429,000 8,511,000 7,385,000 6,459,000 10,646,000 6,403,000 8,274,000 7,428,000 9,910,000 7,132,000 7,753,000 7,711,000 8,827,000 7,501,000 6,920,000 14,019,000 9,328,000 5,904,000 3,780,000 4,594,000 3,680,462 3,776,287 3,972,551 6,151,923 
      deferred license revenue, current
      6,759,000 7,571,000 10,911,000 11,034,000 11,547,000 11,791,000 12,106,000 15,327,000 15,055,000 16,456,000 14,878,000 16,973,000 23,255,000                                     
      lease liability, current
    531,000 514,000 563,000 483,000 468,000 453,000 502,000 425,000 412,000 397,000 446,000 372,000 360,000 377,000 439,000 383,000 386,000 357,000 432,000 390,000 378,000 364,000 408,000 340,000 329,000 376,000 599,000                         
      total current liabilities
    5,184,000 5,022,000 19,431,000 15,618,000 18,923,000 22,595,000 20,296,000 22,487,000 22,324,000 24,529,000 25,154,000 32,857,000 27,506,000 29,824,000 32,409,000 11,221,000 10,113,000 8,841,000 6,693,000 9,541,000 7,608,000 6,327,000 4,031,000 7,828,000 8,817,000 8,799,000 8,823,000 11,239,000 12,668,000 11,541,000 10,396,000 14,627,000 8,235,000 11,881,000 10,871,000 10,585,000 8,392,000 10,084,000 11,112,000 10,578,000 13,831,000 16,131,000 24,875,000 20,206,000 19,488,000 16,413,000 23,039,000 12,522,489 10,898,365 6,985,493 8,134,187 
      liability related to sale of future royalties
    3,684,000 3,910,000 4,409,000 4,829,000 5,315,000 5,859,000 6,396,000 6,953,000 8,110,000 8,787,000 9,384,000 10,365,000 12,316,000 14,233,000 15,439,000 16,296,000 17,883,000 18,982,000 19,366,000 19,554,000 20,117,000 19,739,000 19,375,000 18,992,000 18,675,000                           
      deferred license revenue, non-current
      2,863,000 2,863,000       3,296,000 5,999,000 10,585,000 10,842,000 15,585,000                                     
      contingent consideration
    11,052,000 10,784,000 10,524,000 10,225,000 8,335,000 7,991,000 7,780,000 7,600,000 7,373,000 7,168,000 7,804,000 7,531,000 5,922,000 5,707,000 5,499,000 5,298,000 5,105,000 4,249,000 3,555,000 3,426,000 3,301,000 3,181,000 3,065,000 2,953,000 3,005,000 3,381,000 3,251,000 3,126,000 4,161,000 9,769,000 9,576,000 10,424,000 10,211,000 10,014,000 10,124,000 9,065,000 8,253,000 7,993,000 7,741,000 7,497,000 6,665,000 5,136,000 4,736,000         
      lease liability, non-current
    391,000 575,000 626,000 806,000 978,000 1,144,000 1,181,000 1,343,000 1,497,000 1,646,000 1,671,000 1,815,000 1,955,000 2,088,000 2,100,000 2,231,000 2,355,000 2,475,000 2,477,000 2,593,000 2,733,000 2,867,000 2,887,000 3,018,000 3,143,000 3,263,000 3,272,000                         
      total liabilities
    20,311,000 20,291,000 37,853,000 34,341,000 33,551,000 37,589,000 35,653,000 38,383,000 39,304,000 42,130,000 47,309,000 58,567,000 58,284,000 62,694,000 71,032,000 35,046,000 35,456,000 34,547,000 32,091,000 35,114,000 33,759,000 32,114,000 29,358,000 32,791,000 33,640,000 28,104,000 28,007,000 27,671,000 30,146,000 38,942,000 37,608,000 54,688,000 72,454,000 79,289,000 79,042,000 72,914,000 98,105,000 99,537,000 165,177,000 164,612,000 168,824,000 185,319,000 193,373,000 30,143,000 29,563,000 26,923,000 33,039,000 12,522,489 11,617,144 8,676,022 10,289,665 
      stockholders’ equity
                                                       
      common shares
                                                       
      authorized: unlimited number without par value
                                                       
      issued and outstanding: 191,953,665
    1,418,560,000                                                   
      additional paid-in capital
    83,285,000 82,628,000 82,089,000 82,048,000 81,425,000 81,751,000 80,220,000 81,270,000 79,546,000 77,202,000 74,238,000 72,406,000 70,738,000 69,134,000 67,151,000 65,485,000 64,096,000 63,933,000 62,133,000 60,751,000 59,614,000 58,300,000 56,803,000 55,246,000 55,385,000 53,738,000 49,594,000 48,084,000 45,500,000 44,429,000 43,769,000 42,840,000 40,755,000 39,758,000 37,809,000 36,543,000 34,486,000 32,817,000 30,243,000 30,206,000 28,538,000 27,844,000 28,590,000 26,208,000 25,872,000 25,655,000 24,837,000 25,343,481 31,520,480 30,661,704 30,151,810 
      deficit
    -1,376,317,000 -1,368,575,000 -1,371,098,000 -1,346,572,000 -1,334,040,000 -1,314,323,000 -1,294,527,000 -1,276,652,000 -1,257,340,000 -1,237,236,000 -1,220,142,000 -1,203,803,000 -1,181,871,000 -1,164,304,000 -1,150,112,000 -1,134,347,000 -1,112,452,000 -1,088,207,000 -1,065,554,000 -1,045,961,000 -1,025,796,000 -1,004,014,000 -986,932,000 -970,093,000 -942,559,000 -857,264,000 -831,187,000 -805,221,000 -784,325,000 -757,285,000 -757,835,000 -738,070,000 -699,631,000 -688,031,000 -669,776,000 -651,149,000 -432,454,000 -412,859,000 -282,859,000 -266,985,000  -232,739,000 -217,853,000 -205,864,000 -199,696,000 -191,092,000 -185,011,000 -167,026,633 -229,054,639 -258,847,687 -248,910,761 
      accumulated other comprehensive loss
    -48,129,000 -48,187,000 -48,166,000 -48,135,000 -48,090,000 -48,308,000 -48,371,000 -48,421,000 -48,884,000 -49,468,000 -49,634,000 -50,488,000 -51,004,000 -50,097,000 -49,406,000 -48,335,000 -48,187,000 -48,199,000 -48,168,000 -48,171,000 -48,127,000 -48,099,000 -47,977,000 -48,229,000 -48,217,000 -48,244,000 -48,192,000 -48,170,000 -48,197,000 -48,185,000 -48,185,000 -48,185,000 -49,782,000 -49,782,000 -49,782,000 -49,782,000 -49,782,000 -49,782,000 -49,782,000 -49,782,000  -28,264,000 -31,487,000 -22,313,000 -19,035,000       
      total stockholders’ equity
    77,399,000 82,976,000 79,157,000  106,890,000 122,454,000 114,637,000  119,337,000 134,693,000 143,915,000  145,517,000 153,142,000 165,845,000  130,140,000 100,829,000 114,149,000  97,345,000 65,511,000 73,256,000                          40,711,174 5,315,270 10,732,578 
      total liabilities and stockholders’ equity
    97,710,000 103,267,000 117,010,000  140,441,000 160,043,000 150,290,000  158,641,000 176,823,000 191,224,000  203,801,000 215,836,000 236,877,000  165,596,000 135,376,000 146,240,000  131,104,000 97,625,000 102,614,000                          52,328,318 13,991,292 21,022,243 
      issued and outstanding: 191,641,511
     1,417,110,000                                                  
      issued and outstanding: 191,481,474
      1,416,332,000                                                 
      investments in marketable securities, non-current
        2,964,000 6,527,000 8,677,000 6,284,000 10,496,000 11,057,000 31,790,000 37,363,000 55,436,000 50,450,000 56,318,000 35,688,000 30,534,000 42,906,000    1,600,000 3,215,000                             
      liabilities and stockholders' equity
                                                       
      issued and outstanding: 189,963,492 and 169,867,414 as of december 31, 2024 and 2023, respectively.
       1,410,025,000                                                
      total stockholders' equity
       97,366,000    106,018,000    136,852,000    169,439,000    101,966,000    72,744,000 83,637,000 164,466,000 181,209,000 200,234,000 215,272,000 238,072,000 232,418,000 182,473,000 167,391,000 175,786,000 189,098,000 203,005,000 416,625,000 431,324,000 538,077,000 547,679,000 553,807,000 588,501,000 593,691,000 88,035,000 95,496,000 105,145,000 105,483,000 59,193,321    
      total liabilities and stockholders' equity
       131,707,000    144,401,000    195,419,000    204,485,000    137,080,000    105,535,000 117,277,000 192,570,000 209,216,000 227,905,000 245,418,000 277,014,000 270,026,000 237,161,000 239,845,000 255,075,000 268,140,000 275,919,000 514,730,000 530,861,000 703,254,000 712,291,000 722,631,000 773,820,000 787,064,000 118,178,000 125,059,000 132,068,000 138,522,000 71,715,810    
      issued and outstanding: 189,438,135
        1,407,595,000                                               
      issued and outstanding: 188,739,044
         1,403,334,000                                              
      issued and outstanding: 180,192,227
          1,377,315,000                                             
      issued and outstanding: 169,867,414 and 157,455,363 as of december 31, 2023 and 2022, respectively.
           1,349,821,000                                            
      issued and outstanding: 167,695,247
            1,346,015,000                                           
      issued and outstanding: 166,922,739
             1,344,195,000                                          
      issued and outstanding: 165,132,193
              1,339,453,000                                         
      issued and outstanding: 157,455,363
               1,318,737,000                                        
      issued and outstanding: 152,711,702
                1,307,654,000                                       
      issued and outstanding: 148,794,262
                 1,298,409,000                                      
      issued and outstanding: 148,728,237
                  1,298,212,000                                     
      stockholders' equity
                                                       
      preferred shares
                                                       
      issued and outstanding: 0
                                                       
      issued and outstanding: 144,987,736
                   1,286,636,000                                    
      issued and outstanding: 1,164,000
                    160,973,000 155,886,000 152,620,000 149,408,000 146,285,000 143,258,000 140,263,000 137,285,000 134,405,000 131,613,000 128,851,000 126,136,000 123,489,000 120,922,000 118,381,000                     
      issued and outstanding: 110,264,915
                    1,065,710,000                                   
      liability-classified options
                     132,000 198,000 250,000 317,000 150,000 58,000 253,000 86,000 141,000 414,000 479,000 2,738,000 2,092,000 1,188,000 1,239,000 1,817,000 983,000 819,000 553,000 948,000 1,312,000 1,755,000             
      issued and outstanding: 97,700,016
                     1,017,416,000                                  
      issued and outstanding: 96,245,371
                      1,013,118,000                                 
      issued and outstanding: 89,678,722
                       985,939,000                                
      issued and outstanding: 84,618,575
                        965,369,000                               
      issued and outstanding: 71,256,579 (december 31, 2019: 64,780,314
                         916,066,000                              
      stockholders’ equity:
                                                       
      issued and outstanding: 68,961,395
                          911,099,000                             
      investments in marketable securities
                           59,035,000                            
      prepaid expenses and other assets
                           1,790,000   682,000 2,792,000 1,127,000 1,236,000 1,457,000 2,144,000 1,500,000 1,583,000 1,575,000 1,311,000 1,459,000 2,043,000 1,469,000 1,196,000 1,234,000 1,787,000 1,255,000 1,730,000 696,000 335,000 561,000 1,084,030 327,609 424,387 315,057 
      investment in genevant
                            10,969,000 14,377,000 17,675,000 22,224,000 24,665,000 27,446,000                      
      intangible assets
                             43,836,000 43,836,000 43,836,000 43,836,000 58,647,000 58,647,000 58,647,000 99,445,000 99,445,000 99,445,000 99,445,000 196,318,000 196,318,000 352,642,000 352,642,000 353,601,000 390,017,000 389,652,000         
      goodwill
                             22,471,000 22,471,000 22,471,000 22,471,000 22,471,000 24,364,000 24,364,000 24,364,000 24,364,000 24,364,000 24,364,000 162,514,000 162,514,000 162,514,000 162,514,000 156,637,000 156,053,000 155,865,000         
      site consolidation accrual
                           137,000 203,000 342,000 982,000 1,331,000 770,000 1,090,000 1,029,000                     
      deferred rent and inducements, non-current
                                                       
      deferred tax liability
                             12,661,000 12,661,000 12,661,000 12,661,000 16,943,000 16,943,000 16,943,000 41,263,000 41,263,000 41,263,000 41,263,000 81,460,000 81,460,000 146,324,000 146,324,000 141,440,000 156,007,000 155,865,000         
      authorized: unlimited number with no par value
                                                       
      issued and outstanding: 64,780,314
                           898,535,000                            
      short-term investments
                             16,410,000 26,621,000 87,675,000 120,085,000 144,676,000 160,079,000 72,060,000 72,954,000 78,797,000 80,528,000 107,146,000 123,052,000 122,340,000 27,802,000 14,525,000 15,006,000   39,974,000 30,580,000 31,966,000      
      property and equipment, net accumulated depreciation 8,612
                            9,150,000                           
      authorized: 1,164,000 without par value
                                                       
      issued and outstanding: 56,850,172
                            884,623,000 884,623,000                          
      authorized - 1,164,000 without par value
                                                       
      authorized - unlimited number without par value
                                                       
      investment tax credits receivable
                              291,000 389,000 342,000 342,000 342,000 340,000 160,000 160,000 308,000 293,000 148,000 148,000 246,000 246,000 52,000 55,000 79,000 86,000 38,000 40,000 39,000 40,200 9,825 331,032 403,580 
      authorized - 1,164,000 with no par value
                                                       
      authorized - unlimited number with no par value
                                                       
      issued and outstanding: 56,255,816
                              882,143,000                         
      accrued revenue
                                  128,000 128,000 128,000 128,000 128,000 128,000 128,000 128,000 128,000 128,000 454,000 323,000 1,595,000 538,000 152,000 200,000 412,000 212,384 2,361,836 185,356 817,464 
      restricted investment
                                   12,601,000 12,601,000 12,601,000 12,601,000 12,601,000                
      property and equipment,
                               10,145,000                        
      deferred revenue
                                649,000 974,000 1,720,000 2,742,000 15,000 2,624,000 2,624,000 15,000 15,000 711,000 924,000 868,000 4,835,000 5,605,000 5,233,000 5,779,000 4,877,000 6,043,000 5,621,000 3,463,255 3,127,629 2,807,898  
      deferred rent and inducements, long term
                               645,000    693,000                    
      loan payable
                                   12,001,000 12,001,000 12,001,000 12,001,000 12,001,000                
      issued and outstanding: 55,518,800
                               879,405,000                        
      less accumulated depreciation
                                -6,392,000 -5,895,000 -13,251,000 -12,671,000 -12,125,000 -11,541,000 -11,061,000 -10,738,000 -10,469,000 -10,177,000 -9,925,000 -9,729,000  -10,433,000 -10,147,000 -11,199,000 -11,480,000 -11,913,000 -11,846,000 -11,665,594    
      deferred lease incentives, net of current portion
                                656,000 689,000 693,000  744,000                   
      issued and outstanding: 55,472,319
                                878,805,000                       
      restricted cash
                                                       
      issued and outstanding: 55,325,250
                                 878,191,000                      
      issued and outstanding: 55,087,191
                                  876,288,000                     
      long-term investments
                                          10,099,000 10,070,000 10,041,000 10,012,000   11,709,000 12,228,000      
      warrants
                                       107,000 297,000 308,000 722,000 883,000 1,495,000 3,606,000 5,623,000 5,099,000 8,707,000 6,590,000 12,824,000 5,378,772 3,994,449 205,044  
      deferred revenue, net of current portion
                                     4,130,000 4,783,000     213,000 6,888,000 8,045,000 7,897,000 9,937,000 10,075,000 10,510,000 10,000,000  718,779 1,690,529 2,155,478 
      issued and outstanding: 500,000
                                   49,780,000                    
      issued and outstanding: 55,060,662
                                   876,108,000                    
      issued and outstanding: 55,051,983
                                    876,049,000                   
      issued and outstanding: 55,026,983
                                     873,841,000                  
      issued and outstanding: 55,024,545
                                      870,847,000                 
      issued and outstanding: 54,841,494
                                       867,393,000 864,375,000               
      issued and outstanding: 54,796,741
                                         861,148,000              
      issued and outstanding: 54,625,691
                                          840,475,000             
      issued and outstanding: 54,570,691
                                           834,240,000            
      depreciation
                                            2,325,000    1,613,000       
      issued and outstanding: 54,569,791
                                            828,578,000           
      issued and outstanding: 54,303,402
                                             821,660,000          
      issued and outstanding: 54,095,921
                                              814,441,000         
      deferred expenses
                                                 57,000 111,000 172,952 429,221 788,111 557,256 
      issued and outstanding: 22,438,169
                                               290,004,000        
      issued and outstanding: 22,281,877
                                                288,355,000       
      issued and outstanding: 22,079,727
                                                 284,790,000      
      accumulated other comprehensive income
                                                 -14,208,000 -17,983,000 -15,825,386    
      common shares (note 5) authorized - unlimited number with no par value
                                                       
      issued and outstanding: 21,992,088
                                                  283,640,000     
      issued and outstanding: 19,048,900
                                                   216,701,859    
      less accumulated depreciation and impairment
                                                    -11,776,396 -16,486,912  
      property and equipment net of accumulated depreciation and impairment
                                                    1,344,872 2,197,579  
      authorized - unlimited number with no par value issued and outstanding:
                                                       
      14,305,356
                                                    238,245,333   
      finished goods inventory
                                                      150,731 
      12,148,636
                                                     233,501,253  
      liabilities and shareholders’ equity
                                                       
      deferred revenue current portion
                                                      1,982,264 
      commitments and contingencies
                                                       
      issued and outstanding - 10,338,703
                                                      229,491,529 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.