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 
      
                    
      operating expenses
                    
      research and development
    120,700,000 122,400,000 103,700,000 94,600,000 89,800,000 89,800,000 83,500,000 79,500,000 67,800,000 63,300,000 65,800,000 59,200,000 47,000,000 37,800,000 27,500,000  
      general and administrative
    54,100,000 53,700,000 40,300,000 29,600,000 32,300,000 31,400,000 58,700,000 27,800,000 -21,600,000 118,100,000 44,100,000 44,100,000 40,800,000 42,400,000 37,800,000  
      total operating expenses
    174,800,000 176,100,000 144,000,000 124,200,000 122,100,000 121,200,000 142,200,000 107,300,000 46,200,000 181,400,000 112,000,000 108,100,000 93,800,000 80,200,000 65,300,000  
      income from operations
    -174,800,000 -176,100,000 -144,000,000 -124,200,000 -122,100,000 -121,200,000 -142,200,000 -107,300,000 -46,200,000 -181,400,000 -112,000,000 -108,100,000 -93,800,000 -80,200,000 -65,300,000  
      yoy
    43.16% 45.30% 1.27% 15.75% 164.29% -33.19% 26.96% -0.74% -50.75% 126.18% 71.52%      
      qoq
    -0.74% 22.29% 15.94% 1.72% 0.74% -14.77% 32.53% 132.25% -74.53% 61.96% 3.61% 15.25% 16.96% 22.82%   
      operating margin %
                    
      other income
    28,700,000 -40,000,000 42,000,000 -80,100,000 1,400,000 9,300,000 20,600,000 -7,200,000 -10,400,000 -6,600,000 -2,700,000 12,000,000 1,300,000 8,000,000 6,500,000  
      interest income
    16,300,000 10,200,000 8,700,000 6,000,000 5,500,000 5,100,000 5,300,000 5,600,000 5,100,000 4,100,000 1,600,000 700,000 1,500,000 500,000   
      income before income taxes
    -129,800,000 -205,900,000 -93,300,000 -198,300,000 -115,200,000 -106,800,000 -116,300,000 -108,900,000 -51,500,000 -183,900,000 -113,100,000 -95,400,000 -91,000,000 -71,700,000 -59,200,000  
      income tax expense
    -100,000 -100,000 -100,000 200,000 -100,000 -100,000 -200,000 -200,000 -100,000 -200,000       
      net income
    -129,900,000 -206,000,000 -93,400,000 -198,100,000 -115,300,000 -106,900,000 -116,500,000 -109,100,000 -51,600,000 -184,100,000 -113,100,000 -95,400,000 -91,000,000    
      yoy
    12.66% 92.70% -19.83% 81.58% 123.45% -41.93% 3.01% 14.36% -43.30%        
      qoq
    -36.94% 120.56% -52.85% 71.81% 7.86% -8.24% 6.78% 111.43% -71.97% 62.78% 18.55% 4.84%     
      net income margin %
                    
      net income per share
    -0.2 -0.36 -0.17 -0.45 -0.29 -0.32 -0.36 -0.34 -0.19 -0.73 -0.46 -0.39 -0.38 -0.3 -0.25  
      weighted-average shares outstanding, basic and diluted
    660,887,146 579,166,181 540,427,085 376,734,395 397,521,078 334,072,229 320,256,596 270,408,132 277,683,468 251,018,612 247,274,541 240,476,894 240,252,605 238,062,232 239,802,805  
      other warrant expense
              2,100,000 4,800,000 6,000,000    
      gain on forgiveness of ppp loan
                    
      net income and comprehensive loss
                 -71,700,000 -59,200,000  
      interest expense
                  -400,000  
    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.