Agios Pharmaceuticals, Inc(NASDAQ:AGIO)

Agios Pharmaceuticals, Inc., a biopharmaceutical company, engages in the discovery and development of medicines in the field of cellular metabolism and adjacent areas of biology. The company offers TIBSOVO (ivosidenib), an oral targeted inhibitor for treating adult patients with relapsed or refracto...
Website: http://www.agios.com
Founded: 2008
Full Time Employees: 536
Sector: Healthcare
Industry: Biotechnology
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 2013-09-30 | 2013-06-30 |
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revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
product revenue | 20,746,000 | 19,967,000 | 12,880,000 | 12,455,000 | 8,726,000 | 10,730,000 | 8,964,000 | 8,615,000 | 8,189,000 | 7,103,000 | 7,399,000 | 6,712,000 | 5,609,000 | 4,310,000 | 3,516,000 | 3,082,000 | 832,000 | 39,118,000 | 31,716,000 | 27,581,000 | 22,674,000 | 19,564,000 | 17,422,000 | 13,727,000 | 9,138,000 | 9,376,000 | 4,465,000 | |||||||||||||||||||||||||
total revenue | 20,746,000 | 19,967,000 | 12,880,000 | 12,455,000 | 8,726,000 | 10,730,000 | 8,964,000 | 8,615,000 | 8,189,000 | 7,103,000 | 7,399,000 | 6,712,000 | 5,609,000 | 4,310,000 | 3,516,000 | 5,582,000 | 832,000 | 44,045,000 | 34,706,000 | 37,347,000 | 87,098,000 | 35,440,000 | 26,024,000 | 26,221,000 | 30,227,000 | 30,013,000 | 15,198,000 | 40,414,000 | 8,762,000 | 9,799,000 | 11,358,000 | 6,744,000 | 6,268,000 | 6,268,000 | ||||||||||||||||||
yoy | 137.75% | 86.09% | 43.69% | 44.57% | 6.56% | 51.06% | 21.15% | 28.35% | 46.00% | 64.80% | 110.44% | 20.24% | 574.16% | 24.28% | 33.36% | 42.43% | 188.15% | 18.08% | 71.23% | -35.12% | 244.98% | 206.29% | 33.81% | |||||||||||||||||||||||||||||
qoq | 3.90% | 55.02% | 3.41% | 42.73% | -18.68% | 19.70% | 4.05% | 5.20% | 15.29% | -4.00% | 10.24% | 19.66% | 30.14% | 22.58% | -37.01% | 570.91% | 26.91% | -7.07% | -57.12% | 145.76% | 36.18% | -0.75% | -13.25% | 0.71% | 97.48% | -62.39% | 361.24% | -10.58% | -13.73% | 7.59% | 0.00% | |||||||||||||||||||||
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of sales | 1,319,000 | 1,879,000 | 1,679,000 | 1,702,000 | 1,085,000 | 1,260,000 | 783,000 | 1,495,000 | 627,000 | 586,000 | 633,000 | 1,108,000 | 554,000 | 413,000 | 517,000 | 435,000 | 339,000 | 959,000 | 638,000 | 675,000 | 533,000 | 287,000 | 393,000 | 303,000 | 334,000 | 702,000 | 695,000 | |||||||||||||||||||||||||
research and development | 81,148,000 | 88,056,000 | 86,796,000 | 91,940,000 | 72,743,000 | 82,810,000 | 72,455,000 | 77,401,000 | 68,620,000 | 77,489,000 | 81,841,000 | 68,895,000 | 67,301,000 | 70,298,000 | 64,966,000 | 74,523,000 | 70,123,000 | 73,299,000 | 64,000,000 | 62,007,000 | 57,667,000 | 95,742,000 | 89,555,000 | 90,917,000 | 91,256,000 | 106,248,000 | 101,672,000 | 107,389,000 | 95,585,000 | 93,809,000 | 82,561,000 | 86,730,000 | 78,224,000 | 77,216,000 | 72,917,000 | 79,816,000 | 62,732,000 | 64,678,000 | 60,643,000 | 50,804,000 | 44,038,000 | 36,933,000 | 36,028,000 | 36,423,000 | 32,443,000 | 34,862,000 | 25,526,000 | 22,576,000 | 17,407,000 | 15,279,000 | 14,803,000 | 12,958,000 |
selling, general and administrative | 48,304,000 | 51,610,000 | 41,274,000 | 45,869,000 | 41,527,000 | 51,697,000 | 38,537,000 | 35,536,000 | 31,014,000 | 35,305,000 | 25,822,000 | 30,409,000 | 28,367,000 | 32,771,000 | 29,123,000 | 28,264,000 | 31,515,000 | 31,528,000 | 27,152,000 | 29,215,000 | 33,550,000 | 39,778,000 | 34,840,000 | 35,951,000 | 38,501,000 | 34,834,000 | 33,019,000 | 32,390,000 | 31,791,000 | |||||||||||||||||||||||
total operating expenses | 130,771,000 | 141,545,000 | 129,749,000 | 139,511,000 | 115,355,000 | 135,767,000 | 111,775,000 | 114,432,000 | 100,261,000 | 113,380,000 | 108,296,000 | 100,412,000 | 96,222,000 | 103,482,000 | 94,606,000 | 113,363,000 | 102,774,000 | 99,929,000 | 90,375,000 | 95,946,000 | 77,555,000 | 80,057,000 | 72,497,000 | 63,448,000 | 54,875,000 | 47,116,000 | 45,955,000 | 45,352,000 | 39,397,000 | 41,363,000 | 30,692,000 | 26,741,000 | 20,695,000 | 18,986,000 | 17,337,000 | 14,794,000 | ||||||||||||||||
income from operations | -110,025,000 | -121,578,000 | -116,869,000 | -127,056,000 | -106,629,000 | -125,037,000 | -102,811,000 | -105,817,000 | -92,072,000 | -106,277,000 | -100,897,000 | -93,700,000 | -90,613,000 | -99,172,000 | -91,090,000 | -97,640,000 | -101,145,000 | -104,827,000 | -91,152,000 | -91,222,000 | -91,217,000 | -92,434,000 | -90,327,000 | -90,196,000 | -43,192,000 | -105,929,000 | -109,060,000 | -113,861,000 | -97,483,000 | -96,356,000 | -99,162,000 | -72,949,000 | -94,012,000 | -90,130,000 | -79,017,000 | -84,600,000 | -67,047,000 | -57,409,000 | -63,512,000 | -56,470,000 | -23,594,000 | -40,898,000 | -40,475,000 | -32,133,000 | -5,195,000 | -26,727,000 | 3,208,000 | -18,330,000 | -12,284,000 | -12,242,000 | -11,069,000 | -8,526,000 |
yoy | 3.18% | -2.77% | 13.67% | 20.07% | 15.81% | 17.65% | 1.90% | 12.93% | 1.61% | 7.16% | 10.77% | -4.04% | -10.41% | -5.39% | -0.07% | 7.04% | 10.88% | 13.41% | 0.91% | 1.14% | 111.19% | -12.74% | -17.18% | -20.78% | -55.69% | 9.94% | 9.98% | 56.08% | 3.69% | 6.91% | 25.49% | -13.77% | 40.22% | 57.00% | 24.41% | 49.81% | 184.17% | 40.37% | 56.92% | 75.74% | 354.17% | 53.02% | -1361.69% | 75.30% | -57.71% | 118.32% | -128.98% | 114.99% | ||||
qoq | -9.50% | 4.03% | -8.02% | 19.16% | -14.72% | 21.62% | -2.84% | 14.93% | -13.37% | 5.33% | 7.68% | 3.41% | -8.63% | 8.87% | -6.71% | -3.47% | -3.51% | 15.00% | -0.08% | 0.01% | -1.32% | 2.33% | 0.15% | 108.83% | -59.23% | -2.87% | -4.22% | 16.80% | 1.17% | -2.83% | 35.93% | -22.40% | 4.31% | 14.06% | -6.60% | 26.18% | 16.79% | -9.61% | 12.47% | 139.34% | -42.31% | 1.05% | 25.96% | 518.54% | -80.56% | -933.14% | -117.50% | 49.22% | 0.34% | 10.60% | 29.83% | |
operating margin % | -530.34% | -608.89% | -907.37% | -1020.12% | -1221.97% | -1165.30% | -1146.93% | -1228.29% | -1124.34% | -1496.23% | -1363.66% | -1396.01% | -1615.49% | -2300.97% | -2590.73% | -1749.19% | -12156.85% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -209.86% | -260.26% | -241.51% | -49.59% | -298.90% | -419.07% | -434.24% | -322.50% | -321.05% | -652.47% | -180.50% | -1072.95% | -919.79% | -695.69% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -181.52% | -176.60% | -136.02% |
interest income | 10,795,000 | 12,410,000 | 13,369,000 | 14,513,000 | 16,087,000 | 18,015,000 | 13,059,000 | 8,120,000 | 8,889,000 | 8,624,000 | 8,375,000 | 8,254,000 | 8,091,000 | 6,488,000 | 3,818,000 | 1,793,000 | 694,000 | 332,000 | 256,000 | -92,000 | 340,000 | 791,000 | 1,115,000 | 1,769,000 | 2,936,000 | 3,579,000 | 2,887,000 | 3,990,000 | 4,405,000 | 4,562,000 | 4,498,000 | 4,204,000 | 3,187,000 | 1,845,000 | 1,880,000 | 1,518,000 | 881,000 | 923,000 | 678,000 | 517,000 | 396,000 | 276,000 | 218,000 | 236,000 | 238,000 | 85,000 | 48,000 | 34,000 | 36,000 | 29,000 | 13,000 | 5,000 |
other income | 119,000 | 113,000 | 67,000 | 523,000 | 1,253,000 | 1,623,000 | 1,651,000 | 1,579,000 | 1,634,000 | 1,713,000 | 1,198,000 | 1,640,000 | 1,504,000 | 1,357,000 | 1,082,000 | 1,337,000 | 2,973,000 | 3,268,000 | 4,641,000 | 6,524,000 | ||||||||||||||||||||||||||||||||
net income | -99,111,000 | -108,039,000 | -103,433,000 | -112,020,000 | -89,289,000 | -96,523,000 | 947,915,000 | -96,118,000 | -81,549,000 | -95,940,000 | -91,324,000 | -83,806,000 | -81,018,000 | 36,526,000 | -81,747,000 | -91,806,000 | -94,774,000 | -94,627,000 | -88,766,000 | -86,217,000 | 1,874,325,000 | -97,657,000 | -98,979,000 | -90,478,000 | -40,256,000 | -102,350,000 | -106,173,000 | -109,871,000 | -93,078,000 | -91,794,000 | -94,664,000 | -68,745,000 | -90,825,000 | -88,285,000 | -77,137,000 | -83,082,000 | -66,166,000 | -56,486,000 | -62,834,000 | -55,953,000 | -23,198,000 | -40,622,000 | -40,257,000 | -31,897,000 | -4,957,000 | -26,664,000 | 3,704,000 | -18,296,000 | -12,248,000 | -12,382,000 | -11,177,000 | -8,620,000 |
yoy | 11.00% | 11.93% | -110.91% | 16.54% | 9.49% | 0.61% | -1137.97% | 14.69% | 0.66% | -362.66% | 11.72% | -8.71% | -14.51% | -138.60% | -7.91% | 6.48% | -105.06% | -3.10% | -10.32% | -4.71% | -4756.01% | -4.59% | -6.78% | -17.65% | -56.75% | 11.50% | 12.16% | 59.82% | 2.48% | 3.97% | 22.72% | -17.26% | 37.27% | 56.30% | 22.76% | 48.49% | 185.22% | 39.05% | 56.08% | 75.42% | 367.98% | 52.35% | -1186.85% | 74.34% | -59.53% | 115.34% | -133.14% | 112.25% | ||||
qoq | -8.26% | 4.45% | -7.67% | 25.46% | -7.49% | -110.18% | -1086.20% | 17.87% | -15.00% | 5.05% | 8.97% | 3.44% | -321.81% | -144.68% | -10.96% | -3.13% | 0.16% | 6.60% | 2.96% | -104.60% | -2019.29% | -1.34% | 9.40% | 124.76% | -60.67% | -3.60% | -3.37% | 18.04% | 1.40% | -3.03% | 37.70% | -24.31% | 2.88% | 14.45% | -7.16% | 25.57% | 17.14% | -10.10% | 12.30% | 141.20% | -42.89% | 0.91% | 26.21% | 543.47% | -81.41% | -819.87% | -120.24% | 49.38% | -1.08% | 10.78% | 29.66% | |
net income margin % | -477.74% | -541.09% | -803.05% | -899.40% | -1023.25% | -899.56% | 10574.69% | -1115.71% | -995.84% | -1350.70% | -1234.27% | -1248.60% | -1444.43% | 847.47% | -2325.00% | -1644.68% | -11391.11% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -221.72% | -285.19% | -242.26% | -46.22% | -288.80% | -407.98% | -419.02% | -307.93% | -305.85% | -622.87% | -170.10% | -1036.58% | -900.96% | -679.14% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -183.60% | -178.32% | -137.52% |
net income per share | -1.69 | -1.85 | -1.78 | -1.93 | -1.55 | -1.72 | 16.65 | -1.69 | -1.45 | -1.72 | -1.64 | -1.51 | -1.47 | 0.67 | -1.49 | -1.68 | -1.74 | -0.64 | -1.56 | -1.41 | 26.95 | -1.41 | -1.43 | -1.31 | -0.59 | -1.59 | -1.81 | -1.87 | -1.59 | -1.58 | -1.63 | -1.19 | -1.63 | -1.81 | -1.59 | -1.78 | -1.56 | -1.35 | -1.63 | -1.47 | -0.61 | -1.09 | -1.07 | -0.85 | -0.13 | -0.78 | 0.11 | -0.54 | -0.39 | -0.57 | -0.47 | -2.8 |
weighted-average number of common shares used in computing net loss per share – basic and diluted | 58,782,241 | 57,932,576 | 57,459,195 | 56,802,546 | 56,383,475 | 55,803,663 | 55,604,330 | 55,265,390 | 68,997,879 | 69,144,061 | 68,958,091 | 68,608,279 | 59,994,539 | 58,803,534 | 58,722,244 | 58,453,918 | 57,418,300 | 58,033,386 | 57,721,786 | 55,694,603 | 46,587,631 | 48,459,424 | 46,745,760 | 42,280,525 | ||||||||||||||||||||||||||||
gain on sale of contingent payments | 889,136,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
milestone payment from gain on sale of oncology business | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net income before taxes | -109,055,000 | -103,433,000 | -105,399,000 | 1,001,035,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | -8,876,000 | 53,120,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares used in computing net income per share – basic | 57,972,004 | 58,139,277 | 56,807,415 | 56,939,403 | ||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares used in computing net income per share – diluted | 57,972,004 | 58,139,277 | 57,889,255 | 58,432,796 | ||||||||||||||||||||||||||||||||||||||||||||||||
milestone revenue | 2,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
royalty income from gain on sale of oncology business | 4,443,000 | 2,704,000 | 2,704,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net income from continuing operations | 36,526,000 | -81,747,000 | -91,806,000 | -94,774,000 | -98,584,000 | -84,259,000 | -82,790,000 | -90,877,000 | ||||||||||||||||||||||||||||||||||||||||||||
net income from discontinued operations, net of tax | 3,957,000 | -4,507,000 | -3,427,000 | 1,965,202,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net loss from continuing operations per share - basic and diluted | 0.67 | -1.49 | -1.68 | -1.74 | -1.77 | -1.48 | -1.36 | -1.31 | ||||||||||||||||||||||||||||||||||||||||||||
net income from discontinued operations per share - basic and diluted | 1.14 | -0.08 | -0.06 | 28.26 | ||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares used in computing net loss per share from continuing operations, net income from discontinued operations and net income per share – basic and diluted | 54,844,579 | 54,799,680 | 54,555,467 | |||||||||||||||||||||||||||||||||||||||||||||||||
cost and expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total cost and expenses | 103,222,000 | 101,977,000 | 104,827,000 | 91,152,000 | 91,222,000 | 91,217,000 | 136,479,000 | 125,033,000 | 127,543,000 | 130,290,000 | 141,369,000 | 135,084,000 | 140,082,000 | 127,710,000 | 126,369,000 | 114,360,000 | ||||||||||||||||||||||||||||||||||||
gain on sale of oncology business | 2,643,000 | 1,996,000 | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares used in computing net loss per share from continuing operations, net income per share from discontinued operations and net income per share – basic and diluted | 55,651,487 | 54,789,435 | 60,447,346 | 57,048,175 | 61,066,977 | |||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares used in computing net income per share from continuing operations and discontinued operations and net income per share – basic and diluted | 69,543,510 | |||||||||||||||||||||||||||||||||||||||||||||||||||
collaboration revenue – related party | 1,236,000 | 1,206,000 | 5,735,000 | 60,097,000 | 6,843,000 | 5,516,000 | 8,979,000 | 17,919,000 | 18,183,000 | 8,732,000 | 26,401,000 | 7,345,000 | 8,577,000 | 10,643,000 | 11,346,000 | 10,508,000 | 22,648,000 | 8,985,000 | 6,978,000 | 31,281,000 | 6,218,000 | 5,480,000 | 13,219,000 | 34,202,000 | 8,411,000 | |||||||||||||||||||||||||||
collaboration revenue – other | 785,000 | 1,101,000 | 692,000 | 993,000 | 6,060,000 | 420,000 | 812,000 | 970,000 | 230,000 | 12,440,000 | ||||||||||||||||||||||||||||||||||||||||||
royalty revenue – related party | 2,906,000 | 683,000 | 3,339,000 | 3,334,000 | 2,973,000 | 2,666,000 | 2,703,000 | 2,200,000 | 2,224,000 | 2,001,000 | 1,573,000 | 1,417,000 | 1,222,000 | 715,000 | ||||||||||||||||||||||||||||||||||||||
non-cash interest expense for the sale of future revenue | -6,014,000 | -9,767,000 | -2,051,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
sales, general and administrative | 20,571,750 | 31,104,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 26,633,000 | 24,550,000 | 22,713,000 | 17,458,000 | 16,130,000 | 14,823,000 | 15,379,000 | 11,854,000 | 12,644,000 | 10,837,000 | 10,183,000 | 9,927,000 | 8,929,000 | 6,954,000 | 6,501,000 | 5,166,000 | 4,165,000 | 3,288,000 | 3,707,000 | 2,534,000 | 1,836,000 | |||||||||||||||||||||||||||||||
weighted-average number of common shares used in net loss per share – basic and diluted | 39,126,400 | 38,548,153 | 37,956,383 | 37,864,084 | 37,329,220 | 37,214,747 | ||||||||||||||||||||||||||||||||||||||||||||||
income before benefit for income taxes | -19,277,500 | -40,257,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
benefit for income taxes | ||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares used in net income per share – basic | 37,507,298 | |||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares used in net income per share – diluted | 37,507,298 | |||||||||||||||||||||||||||||||||||||||||||||||||||
gross collaboration revenue – related party | 12,680,500 | 33,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
income before provision for income taxes | -26,642,000 | 3,256,000 | -18,296,000 | -12,248,000 | -12,213,000 | -11,056,000 | -8,521,000 | |||||||||||||||||||||||||||||||||||||||||||||
provision for income taxes | 22,000 | -448,000 | 169,000 | 121,000 | 99,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cumulative preferred stock dividends | -8,324,000 | 567,000 | -1,798,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net income applicable to common stockholders | -6,710,000 | 3,704,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares used in net income per share applicable to common stockholders – basic | 34,495,076 | |||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares used in net income per share applicable to common stockholders – diluted | 36,592,683 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net loss applicable to common stockholders | -18,296,000 | -12,248,000 | -20,706,000 | -10,610,000 | -10,418,000 | |||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares used in net loss per share applicable to common stockholders – basic and diluted | 37,429,262 | 33,667,024 | 33,602,472 | 31,394,563 | 15,415,373 | 22,744,486 | 3,722,963 | |||||||||||||||||||||||||||||||||||||||||||||
collaboration revenue—related party | 8,411,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
collaboration revenue | 6,744,000 | 6,268,000 | 6,268,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
grant revenue |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 2013-09-30 | 2013-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 113,600,000 | 89,130,000 | 92,710,000 | 80,871,000 | 78,964,000 | 76,247,000 | 253,730,000 | 84,518,000 | 118,764,000 | 88,205,000 | 64,333,000 | 84,753,000 | 104,139,000 | 139,259,000 | 122,449,000 | 88,543,000 | 80,026,000 | 203,126,000 | 400,224,000 | 969,124,000 | 1,888,025,000 | 127,436,000 | 104,855,000 | 295,858,000 | 89,093,000 | 80,931,000 | 81,709,000 | 83,580,000 | 103,443,000 | 70,502,000 | 156,478,000 | 210,323,000 | 364,469,000 | 102,724,000 | 132,741,000 | 138,717,000 | 200,278,000 | 160,754,000 | 285,502,000 | 234,048,000 | 39,035,000 | 71,764,000 | 80,048,000 | 72,533,000 | 35,256,000 | 14,031,000 | 70,049,000 | 108,247,000 | 32,837,000 | 71,560,000 | 106,011,000 | 77,481,000 |
marketable securities | 623,438,000 | 765,295,000 | 860,150,000 | 858,066,000 | 814,411,000 | 817,463,000 | 751,027,000 | 485,374,000 | 479,227,000 | 688,723,000 | 583,155,000 | 617,813,000 | 635,062,000 | 643,860,000 | 605,231,000 | 730,766,000 | 843,503,000 | 816,892,000 | 865,833,000 | 703,864,000 | 447,578,000 | 445,493,000 | 500,684,000 | 494,270,000 | 439,528,000 | 483,946,000 | 370,188,000 | 411,810,000 | 421,114,000 | 514,800,000 | 513,414,000 | 506,582,000 | 417,981,000 | 321,212,000 | 375,187,000 | 447,325,000 | 279,480,000 | 380,560,000 | 293,595,000 | 231,321,000 | 273,859,000 | 245,238,000 | 272,317,000 | 297,261,000 | 309,450,000 | 328,034,000 | 149,921,000 | 130,233,000 | 129,432,000 | 95,209,000 | 88,945,000 | 21,794,000 |
accounts receivable | 16,132,000 | 10,577,000 | 5,029,000 | 4,986,000 | 3,344,000 | 4,109,000 | 3,118,000 | 3,762,000 | 3,453,000 | 2,810,000 | 1,176,000 | 2,251,000 | 1,778,000 | 2,206,000 | 1,818,000 | 1,598,000 | 540,000 | 21,328,000 | 18,989,000 | 12,023,000 | 11,813,000 | 8,952,000 | 7,106,000 | 7,147,000 | 4,355,000 | 5,076,000 | 2,631,000 | |||||||||||||||||||||||||
inventory | 35,087,000 | 32,920,000 | 32,034,000 | 30,848,000 | 29,605,000 | 27,616,000 | 26,429,000 | 23,937,000 | 23,070,000 | 19,076,000 | 17,274,000 | 15,671,000 | 11,374,000 | 8,492,000 | 5,176,000 | 4,060,000 | 2,485,000 | 14,698,000 | 11,371,000 | 11,231,000 | 9,778,000 | 7,331,000 | 5,849,000 | 4,659,000 | 2,328,000 | 869,000 | 863,000 | |||||||||||||||||||||||||
prepaid expenses and other current assets | 46,586,000 | 44,130,000 | 43,186,000 | 44,693,000 | 42,292,000 | 40,165,000 | 39,885,000 | 34,536,000 | 39,113,000 | 35,021,000 | 38,414,000 | 36,751,000 | 39,303,000 | 38,955,000 | 46,487,000 | 42,336,000 | 43,226,000 | 39,835,000 | 32,238,000 | 21,443,000 | 19,511,000 | 23,651,000 | 28,861,000 | 26,959,000 | 29,152,000 | 24,177,000 | 19,985,000 | 19,063,000 | 19,696,000 | 17,167,000 | 16,458,000 | 15,538,000 | 15,614,000 | 17,486,000 | 15,316,000 | 13,018,000 | 12,391,000 | 10,264,000 | 10,277,000 | 8,923,000 | 9,190,000 | 8,728,000 | 7,225,000 | 4,602,000 | 5,512,000 | 4,814,000 | 4,990,000 | 2,842,000 | 3,033,000 | 2,502,000 | 2,616,000 | 2,011,000 |
total current assets | 834,843,000 | 942,052,000 | 1,033,109,000 | 1,019,464,000 | 968,616,000 | 965,600,000 | 1,074,189,000 | 632,127,000 | 663,627,000 | 833,835,000 | 704,352,000 | 757,239,000 | 791,656,000 | 832,772,000 | 784,935,000 | 870,007,000 | 975,145,000 | 1,064,231,000 | 1,305,285,000 | 1,702,562,000 | 2,355,114,000 | 636,677,000 | 669,086,000 | 846,355,000 | 587,274,000 | 611,704,000 | 490,144,000 | 533,705,000 | 557,095,000 | 613,780,000 | 695,542,000 | 753,782,000 | 802,993,000 | 445,261,000 | 528,307,000 | 604,681,000 | 506,866,000 | 559,892,000 | 600,943,000 | 484,159,000 | 329,469,000 | 337,329,000 | 371,660,000 | 390,152,000 | 364,141,000 | 359,546,000 | 247,560,000 | 245,163,000 | 172,417,000 | 169,747,000 | 198,818,000 | 102,533,000 |
operating lease assets | 27,196,000 | 30,454,000 | 33,650,000 | 36,785,000 | 39,861,000 | 42,879,000 | 45,841,000 | 48,750,000 | 51,606,000 | 54,409,000 | 57,162,000 | 59,866,000 | 62,521,000 | 65,129,000 | 67,692,000 | 70,214,000 | 72,688,000 | 75,124,000 | 77,532,000 | 79,901,000 | 82,244,000 | 84,661,000 | 86,952,000 | 89,208,000 | 91,440,000 | 93,643,000 | 95,833,000 | 98,500,000 | 57,768,000 | |||||||||||||||||||||||
property and equipment | 10,566,000 | 10,775,000 | 10,675,000 | 10,579,000 | 11,067,000 | 11,675,000 | 11,819,000 | 12,726,000 | 14,119,000 | 15,382,000 | 16,785,000 | 19,634,000 | 21,438,000 | 22,987,000 | 25,438,000 | 27,382,000 | 29,195,000 | 28,923,000 | 25,342,000 | 27,056,000 | 28,976,000 | 32,291,000 | 33,495,000 | 33,925,000 | 33,840,000 | 31,472,000 | 24,060,000 | 23,016,000 | 23,974,000 | 24,320,000 | 24,613,000 | 24,134,000 | 23,732,000 | 24,431,000 | 24,019,000 | 24,771,000 | 24,139,000 | 25,337,000 | 26,261,000 | 25,134,000 | 22,950,000 | 23,220,000 | 21,127,000 | 19,328,000 | 14,297,000 | 6,386,000 | 3,677,000 | 3,210,000 | 3,452,000 | 3,758,000 | 3,551,000 | 3,818,000 |
other non-current assets | 3,931,000 | 3,931,000 | 3,930,000 | 3,942,000 | 4,721,000 | 4,724,000 | 4,056,000 | 4,056,000 | 4,056,000 | 4,057,000 | 4,057,000 | 4,057,000 | 3,956,000 | 3,956,000 | 3,903,000 | 3,955,000 | 2,900,000 | 2,900,000 | 2,900,000 | 2,900,000 | 1,125,000 | 60,000 | 238,000 | 416,000 | 595,000 | 1,104,000 | 891,000 | 1,070,000 | 1,249,000 | 2,888,000 | 1,615,000 | 1,339,000 | ||||||||||||||||||||
total assets | 1,184,990,000 | 1,297,225,000 | 1,385,705,000 | 1,471,237,000 | 1,555,518,000 | 1,663,199,000 | 1,791,794,000 | 773,063,000 | 849,709,000 | 937,118,000 | 1,007,258,000 | 1,085,153,000 | 1,151,298,000 | 1,238,718,000 | 1,180,320,000 | 1,252,467,000 | 1,335,859,000 | 1,437,736,000 | 1,541,498,000 | 1,874,603,000 | 2,488,434,000 | 852,952,000 | 908,449,000 | 976,141,000 | 799,738,000 | 890,741,000 | 698,616,000 | 783,870,000 | 822,131,000 | 858,457,000 | 929,079,000 | 998,235,000 | 1,040,126,000 | 614,397,000 | 687,200,000 | 760,600,000 | 557,316,000 | 619,094,000 | 672,042,000 | 557,601,000 | 396,117,000 | 420,065,000 | 449,086,000 | 474,383,000 | 474,336,000 | 491,904,000 | 269,608,000 | 272,030,000 | 181,912,000 | 201,205,000 | 219,069,000 | 111,252,000 |
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 13,747,000 | 18,355,000 | 19,553,000 | 17,532,000 | 13,726,000 | 16,643,000 | 17,143,000 | 10,035,000 | 11,155,000 | 9,780,000 | 13,271,000 | 11,626,000 | 8,662,000 | 18,616,000 | 10,415,000 | 7,790,000 | 11,551,000 | 16,700,000 | 10,308,000 | 7,654,000 | 51,224,000 | 26,844,000 | 12,853,000 | 15,461,000 | 18,707,000 | 21,896,000 | 21,511,000 | 15,435,000 | 12,413,000 | 17,880,000 | 16,616,000 | 17,320,000 | 17,932,000 | 22,767,000 | 17,899,000 | 23,409,000 | 16,152,000 | 17,106,000 | 15,424,000 | 18,448,000 | 13,746,000 | 14,748,000 | 8,971,000 | 8,914,000 | 12,640,000 | 11,067,000 | 6,225,000 | 5,388,000 | 4,411,000 | 3,678,000 | 2,140,000 | 3,038,000 |
accrued expenses | 26,293,000 | 45,459,000 | 37,217,000 | 35,289,000 | 20,761,000 | 46,861,000 | 33,307,000 | 36,742,000 | 25,129,000 | 43,167,000 | 30,490,000 | 29,189,000 | 22,459,000 | 30,350,000 | 29,756,000 | 28,383,000 | 19,747,000 | 31,967,000 | 29,234,000 | 36,054,000 | 23,601,000 | 60,140,000 | 49,724,000 | 41,911,000 | 39,631,000 | 53,142,000 | 46,750,000 | 49,218,000 | 37,199,000 | 42,147,000 | 25,303,000 | 25,793,000 | 17,005,000 | 34,031,000 | 30,760,000 | 29,641,000 | 25,114,000 | 32,002,000 | 22,808,000 | 14,414,000 | 12,247,000 | 15,996,000 | 15,985,000 | 11,584,000 | 15,604,000 | 14,020,000 | 10,004,000 | 5,456,000 | 3,841,000 | 6,586,000 | 4,764,000 | 3,586,000 |
operating lease liabilities | 18,805,000 | 18,392,000 | 17,987,000 | 17,589,000 | 17,196,000 | 16,781,000 | 16,319,000 | 15,860,000 | 15,407,000 | 15,008,000 | 14,664,000 | 14,326,000 | 13,992,000 | 13,663,000 | 13,342,000 | 12,056,000 | 11,744,000 | 10,828,000 | 9,883,000 | 8,932,000 | 7,988,000 | 7,093,000 | 6,881,000 | 6,672,000 | 6,466,000 | 6,642,000 | 7,298,000 | 6,397,000 | 9,128,000 | |||||||||||||||||||||||
total current liabilities | 58,845,000 | 82,206,000 | 74,757,000 | 70,410,000 | 52,366,000 | 81,156,000 | 119,451,000 | 62,637,000 | 51,691,000 | 67,955,000 | 58,425,000 | 55,141,000 | 45,113,000 | 62,629,000 | 53,596,000 | 48,396,000 | 45,792,000 | 59,826,000 | 57,896,000 | 60,649,000 | 96,504,000 | 94,394,000 | 69,771,000 | 64,353,000 | 69,858,000 | 92,886,000 | 92,432,000 | 89,504,000 | 80,907,000 | 93,503,000 | 84,746,000 | 84,870,000 | 74,699,000 | 94,941,000 | 88,112,000 | 93,648,000 | 82,429,000 | 88,433,000 | 78,003,000 | 67,264,000 | 45,055,000 | 52,888,000 | 49,756,000 | 45,198,000 | 36,379,000 | 61,089,000 | 35,084,000 | 44,638,000 | 34,081,000 | 36,930,000 | 37,377,000 | 36,979,000 |
operating lease liabilities, net of current portion | 16,940,000 | 21,815,000 | 26,528,000 | 31,171,000 | 35,744,000 | 40,207,000 | 44,515,000 | 48,760,000 | 52,940,000 | 56,988,000 | 60,834,000 | 64,620,000 | 68,346,000 | 71,996,000 | 75,499,000 | 78,946,000 | 82,338,000 | 85,659,000 | 88,840,000 | 91,971,000 | 95,052,000 | 97,458,000 | 99,693,000 | 101,874,000 | 104,010,000 | 106,074,000 | 108,096,000 | 110,073,000 | 66,006,000 | |||||||||||||||||||||||
other non-current liabilities | 90,000 | 90,000 | 90,000 | 101,000 | 880,000 | 880,000 | 1,156,000 | 1,156,000 | 1,156,000 | 1,156,000 | 1,156,000 | 1,156,000 | 1,313,000 | 3,279,000 | 1,055,000 | 1,055,000 | 2,000 | 3,000 | 262,000 | |||||||||||||||||||||||||||||||||
total liabilities | 75,875,000 | 104,111,000 | 101,375,000 | 101,682,000 | 88,990,000 | 122,243,000 | 165,122,000 | 112,553,000 | 105,787,000 | 126,099,000 | 120,415,000 | 120,917,000 | 114,772,000 | 137,904,000 | 130,150,000 | 128,397,000 | 128,406,000 | 145,761,000 | 146,736,000 | 152,787,000 | 191,804,000 | 453,452,000 | 427,997,000 | 417,676,000 | 174,439,000 | 250,213,000 | 250,325,000 | 251,193,000 | 201,874,000 | 170,920,000 | 168,866,000 | 175,093,000 | 174,532,000 | 238,894,000 | 237,394,000 | 251,608,000 | ||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, 0.001 par value... | 76,000 | 75,000 | 74,000 | 74,000 | 74,000 | 73,000 | 73,000 | 73,000 | 73,000 | 72,000 | 72,000 | 72,000 | 72,000 | 71,000 | 71,000 | 71,000 | 71,000 | 71,000 | 71,000 | 70,000 | 70,000 | 69,000 | 69,000 | 69,000 | 69,000 | 68,000 | 59,000 | 59,000 | 59,000 | 58,000 | 58,000 | 58,000 | 58,000 | 49,000 | 49,000 | 48,000 | 42,000 | 42,000 | 42,000 | 38,000 | 38,000 | 38,000 | 38,000 | 37,000 | 37,000 | 37,000 | 35,000 | 34,000 | 32,000 | 31,000 | 31,000 | 4,000 |
additional paid-in capital | 2,572,655,000 | 2,555,037,000 | 2,538,357,000 | 2,521,545,000 | 2,506,788,000 | 2,493,811,000 | 2,478,066,000 | 2,464,284,000 | 2,451,620,000 | 2,436,523,000 | 2,421,862,000 | 2,410,905,000 | 2,398,930,000 | 2,386,325,000 | 2,374,755,000 | 2,362,327,000 | 2,351,147,000 | 2,334,348,000 | 2,322,460,000 | 2,306,304,000 | 2,265,713,000 | 2,242,801,000 | 2,225,538,000 | 2,203,599,000 | 2,181,517,000 | 2,156,363,000 | 1,861,523,000 | 1,839,710,000 | 1,818,393,000 | 1,794,283,000 | 1,775,113,000 | 1,743,657,000 | 1,717,609,000 | 1,174,904,000 | 1,160,048,000 | 1,142,233,000 | 857,107,000 | 842,013,000 | 828,043,000 | 652,574,000 | 640,124,000 | 630,078,000 | 619,451,000 | 607,708,000 | 598,494,000 | 591,334,000 | 347,947,000 | 344,490,000 | 246,970,000 | 244,881,000 | 243,601,000 | 2,836,000 |
accumulated other comprehensive income | -314,000 | 2,193,000 | 2,051,000 | 655,000 | 365,000 | 3,420,000 | -1,198,000 | -198,000 | -144,000 | -3,000 | 105,000 | 663,000 | 1,636,000 | 74,000 | 202,000 | 464,000 | 490,000 | 29,000 | 297,000 | 89,000 | 225,000 | 222,000 | 191,000 | -57,000 | 51,000 | 12,000 | 33,000 | 14,000 | 25,000 | |||||||||||||||||||||||
accumulated deficit | -660,816,000 | -561,705,000 | -453,666,000 | -350,233,000 | -238,213,000 | -148,924,000 | -52,401,000 | -1,000,316,000 | -904,198,000 | -822,649,000 | -726,709,000 | -635,385,000 | -551,579,000 | -470,561,000 | -507,087,000 | -425,340,000 | -333,534,000 | -238,760,000 | -144,133,000 | -55,367,000 | -1,843,475,000 | -1,745,818,000 | -1,646,839,000 | -1,556,361,000 | -1,516,105,000 | -1,413,755,000 | -1,307,582,000 | -1,197,711,000 | -1,104,633,000 | -1,012,839,000 | -918,175,000 | -849,430,000 | -798,061,000 | -709,776,000 | -632,639,000 | -549,557,000 | -483,151,000 | -426,665,000 | -363,831,000 | -307,878,000 | -284,680,000 | -244,057,000 | -203,802,000 | -171,905,000 | -166,948,000 | -140,284,000 | -143,988,000 | -125,692,000 | -113,444,000 | -101,062,000 | -89,885,000 | |
treasury stock | -802,486,000 | -802,486,000 | -802,486,000 | -802,486,000 | -802,486,000 | -802,486,000 | -802,486,000 | -802,486,000 | -802,486,000 | -802,486,000 | -802,486,000 | -802,486,000 | -802,486,000 | -802,486,000 | -802,486,000 | -802,486,000 | -802,486,000 | -802,486,000 | -783,438,000 | -529,047,000 | ||||||||||||||||||||||||||||||||
total stockholders’ equity | 1,109,115,000 | 1,193,114,000 | 1,284,330,000 | 1,369,555,000 | 1,466,528,000 | 1,540,956,000 | 1,626,672,000 | 660,510,000 | 743,922,000 | 811,019,000 | 886,843,000 | 964,236,000 | 1,036,526,000 | 1,100,814,000 | 1,050,170,000 | 1,124,070,000 | 1,207,453,000 | 1,291,975,000 | 1,394,762,000 | 1,721,816,000 | 2,296,630,000 | 399,500,000 | 480,452,000 | 558,465,000 | 625,299,000 | 640,528,000 | 448,291,000 | 532,677,000 | 620,257,000 | 687,537,000 | 760,213,000 | 823,142,000 | 865,594,000 | 375,503,000 | 449,806,000 | 508,992,000 | 307,380,000 | 358,591,000 | 401,449,000 | 289,078,000 | 332,373,000 | 345,118,000 | 375,657,000 | 404,165,000 | 426,817,000 | 424,366,000 | 207,749,000 | 200,548,000 | 121,343,000 | 131,482,000 | 142,595,000 | |
total liabilities and stockholders’ equity | 1,184,990,000 | 1,297,225,000 | 1,385,705,000 | 1,471,237,000 | 1,555,518,000 | 1,663,199,000 | 1,791,794,000 | 773,063,000 | 849,709,000 | 937,118,000 | 1,007,258,000 | 1,085,153,000 | 1,151,298,000 | 1,238,718,000 | 1,180,320,000 | 1,252,467,000 | 1,335,859,000 | 1,437,736,000 | 1,541,498,000 | 1,874,603,000 | 2,488,434,000 | 852,952,000 | 908,449,000 | 976,141,000 | 799,738,000 | 890,741,000 | 698,616,000 | 783,870,000 | 822,131,000 | 858,457,000 | 929,079,000 | 998,235,000 | 1,040,126,000 | 614,397,000 | 687,200,000 | 760,600,000 | 557,316,000 | 619,094,000 | 672,042,000 | 557,601,000 | 396,117,000 | 420,065,000 | 449,086,000 | 474,383,000 | 474,336,000 | 491,904,000 | 269,608,000 | 272,030,000 | 181,912,000 | |||
income taxes payable | 683,000 | 871,000 | 52,682,000 | 1,462,000 | 5,257,000 | 5,141,000 | ||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingent liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -1,518,000 | -1,045,000 | -1,087,000 | -441,000 | -5,896,000 | -8,870,000 | -8,411,000 | -12,535,000 | -15,083,000 | -10,502,000 | -7,745,000 | -484,000 | -2,171,000 | -2,119,000 | -2,398,000 | -2,643,000 | -1,389,000 | -515,000 | -650,000 | -212,000 | -313,000 | -318,000 | -5,000 | |||||||||||||||||||||||||||||
other receivable | 3,774,000 | 2,704,000 | 5,365,000 | 4,378,000 | 6,990,000 | 8,131,000 | ||||||||||||||||||||||||||||||||||||||||||||||
financing lease assets | 64,000 | 95,000 | 183,000 | 300,000 | 871,000 | 502,000 | 590,000 | 677,000 | 793,000 | 881,000 | 993,000 | |||||||||||||||||||||||||||||||||||||||||
financing lease liabilities | 83,000 | 167,000 | 250,000 | 331,000 | 412,000 | 839,000 | 321,000 | 317,000 | 313,000 | 309,000 | 306,000 | 273,000 | ||||||||||||||||||||||||||||||||||||||||
financing lease liabilities, net of current portion | 276,000 | 276,000 | 167,000 | 248,000 | 331,000 | 412,000 | 491,000 | 571,000 | 673,000 | |||||||||||||||||||||||||||||||||||||||||||
deferred revenue | 2,500,000 | 25,072,000 | 25,072,000 | 25,072,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
current assets of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||
non-current assets of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||
non-current liabilities of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||
taxes payable | 8,059,000 | 7,170,000 | 13,370,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | 30,850,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
collaboration receivable – related party | 2,123,000 | 2,334,000 | 2,537,000 | 2,577,000 | 1,539,000 | 1,838,000 | 2,524,000 | 2,319,000 | 2,462,000 | 3,395,000 | 19,326,000 | 3,512,000 | 2,448,000 | 3,489,000 | 4,842,000 | 11,265,000 | 4,886,000 | 8,182,000 | 7,853,000 | 6,814,000 | 8,225,000 | 9,078,000 | 10,474,000 | 7,017,000 | 6,492,000 | 18,759,000 | ||||||||||||||||||||||||||
collaboration receivable – other | 1,948,000 | 1,992,000 | 1,827,000 | 2,033,000 | 1,928,000 | 869,000 | 2,222,000 | 1,640,000 | 670,000 | 440,000 | 440,000 | |||||||||||||||||||||||||||||||||||||||||
royalty receivable – related party | 1,650,000 | 3,300,000 | 2,900,000 | 2,600,000 | 2,700,000 | 2,200,000 | 2,234,000 | 1,863,000 | 1,573,000 | 1,417,000 | 1,222,000 | 715,000 | ||||||||||||||||||||||||||||||||||||||||
deferred revenue – related party | 4,748,000 | 10,933,000 | 16,873,000 | 18,454,000 | 22,167,000 | 32,710,000 | 42,141,000 | 41,132,000 | 39,212,000 | 37,842,000 | 35,867,000 | 37,069,000 | 37,690,000 | 35,913,000 | 36,415,000 | 31,469,000 | 16,523,000 | 19,665,000 | 22,650,000 | 22,608,000 | 6,886,000 | 35,686,000 | 18,847,000 | |||||||||||||||||||||||||||||
deferred revenue, net of current portion – related party | 50,580,000 | 49,797,000 | 51,616,000 | 54,961,000 | 59,809,000 | 66,294,000 | 72,408,000 | 81,831,000 | 125,798,000 | 134,202,000 | 141,957,000 | 150,596,000 | 154,297,000 | 173,941,000 | 183,540,000 | 1,949,000 | 4,699,000 | 6,240,000 | 9,389,000 | 133,000 | 2,725,000 | 26,352,000 | 26,697,000 | |||||||||||||||||||||||||||||
liability related to the sale of future revenue, net of debt issuance costs | 261,269,000 | 258,121,000 | 250,958,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 1,350,000 | 1,575,000 | 1,800,000 | 1,382,000 | 838,000 | 611,000 | 678,000 | 660,000 | 640,000 | 590,000 | 454,000 | 455,000 | 467,000 | 4,000 | 11,000 | 1,624,000 | ||||||||||||||||||||||||||||||||||||
deferred rent | 766,000 | 686,000 | 625,000 | 550,000 | 301,000 | 3,586,000 | 3,529,000 | 3,473,000 | 3,412,000 | 3,356,000 | 2,933,000 | 2,539,000 | 2,479,000 | 2,150,000 | 2,092,000 | 1,245,000 | 310,000 | 142,000 | 133,000 | 123,000 | 104,000 | |||||||||||||||||||||||||||||||
deferred rent, net of current portion | 17,608,000 | 17,826,000 | 17,815,000 | 18,002,000 | 18,155,000 | 15,080,000 | 16,003,000 | 16,911,000 | 17,773,000 | 18,649,000 | 17,719,000 | 16,740,000 | 17,360,000 | 17,433,000 | 15,631,000 | 11,007,000 | 3,724,000 | 423,000 | 145,000 | 186,000 | 220,000 | 288,000 | ||||||||||||||||||||||||||||||
tenant improvement and other receivables | 169,000 | 859,000 | 779,000 | 3,452,000 | 3,428,000 | 3,387,000 | 2,014,000 | 571,000 | 3,374,000 | 2,992,000 | 5,282,000 | 6,906,000 | ||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||
refundable income taxes | 3,841,000 | 3,841,000 | 3,841,000 | 4,496,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
other current liabilities | 4,000 | 6,000 | 8,000 | 8,000 | 624,000 | 144,000 | ||||||||||||||||||||||||||||||||||||||||||||||
other receivables | 2,334,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash | 571,000 | 571,000 | 571,000 | 571,000 | 571,000 | |||||||||||||||||||||||||||||||||||||||||||||||
unbilled collaboration receivable – related party | ||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue– related party | 33,644,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled collaboration receivable—related party | 2,619,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue—related party | 25,072,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue, net of current portion—related party | 26,299,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled collaboration receivable | 476,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax assets | 1,246,000 | 1,247,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, convertible preferred stock, and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted stock liability | 9,000 | 38,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue, net of current portion | 32,567,000 | 38,835,000 | 45,103,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
restricted stock liability, net of current portion | 6,000 | 10,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
series a convertible preferred stock, 0.001 par value... | 32,940,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
series b convertible preferred stock, 0.001 par value... | 5,681,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
series c convertible preferred stock, 0.001 par value... | 77,301,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, convertible preferred stock, and stockholders’ equity | 201,205,000 | 219,069,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax assets, net of current portion | 2,706,000 | 2,706,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, convertible preferred stock, and stockholders’ deficit | ||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ deficit: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ deficit | -87,050,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, convertible preferred stock, and stockholders’ deficit | 111,252,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 2013-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||
net loss | -99,111,000 | -112,020,000 | -89,289,000 | -96,118,000 | -81,549,000 | -91,324,000 | -83,806,000 | -81,018,000 | -97,657,000 | -98,979,000 | -90,478,000 | -40,256,000 | -102,350,000 | -106,173,000 | -109,871,000 | -93,078,000 | -91,794,000 | -94,664,000 | -68,745,000 | -90,825,000 | -88,285,000 | -77,137,000 | -83,082,000 | -66,166,000 | -56,486,000 | -62,834,000 | -55,953,000 | -23,198,000 | -40,622,000 | -40,256,000 | -31,897,000 | -4,957,000 | -26,664,000 | 3,704,000 | -18,296,000 | -12,248,000 | -12,382,000 | -11,177,000 | |||||||||||||
adjustments to reconcile net loss from operations to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 1,363,000 | 1,266,000 | 1,374,000 | 1,259,000 | 1,278,000 | 1,367,000 | 1,345,000 | 1,593,000 | 1,348,000 | 1,403,000 | 1,623,000 | 1,807,000 | 1,790,000 | 1,814,000 | 1,981,000 | 2,291,000 | 2,478,000 | 2,202,000 | 2,209,000 | 2,350,000 | 2,479,000 | 2,677,000 | |||||||||||||||||||||||||||||
stock-based compensation expense | 15,541,000 | 14,124,000 | 12,377,000 | 14,692,000 | 11,359,000 | 10,903,000 | 11,145,000 | 11,565,000 | 9,234,000 | 13,814,000 | 9,076,000 | 11,737,000 | 10,139,000 | 11,465,000 | 11,156,000 | 11,165,000 | 15,510,000 | 11,621,000 | 12,148,000 | 14,885,000 | 14,854,000 | 16,595,000 | 18,407,000 | 20,430,000 | 19,690,000 | 17,130,000 | 18,588,000 | 18,547,000 | 18,108,000 | 18,187,000 | 24,193,000 | 16,455,000 | 14,522,000 | 12,681,000 | 12,207,000 | 12,187,000 | 10,734,000 | 9,840,000 | 12,143,000 | 10,996,000 | 9,107,000 | 9,353,000 | 9,373,000 | 8,177,000 | 5,060,000 | 4,728,000 | 2,892,000 | 2,381,000 | 1,505,000 | 1,165,000 | 1,112,000 |
net accretion of discount on marketable securities | -1,144,000 | -1,753,000 | -1,674,000 | -2,420,000 | -1,348,000 | -5,616,000 | -3,734,000 | -2,609,000 | -2,527,000 | ||||||||||||||||||||||||||||||||||||||||||
non-cash operating lease expense | 3,258,000 | 3,196,000 | 3,135,000 | 3,076,000 | 3,018,000 | 2,962,000 | 2,909,000 | 2,856,000 | 2,803,000 | 2,753,000 | 2,704,000 | 2,655,000 | 2,608,000 | 2,563,000 | 2,513,000 | 2,483,000 | 2,436,000 | 2,408,000 | 2,369,000 | 2,343,000 | 2,417,000 | 2,291,000 | 2,256,000 | 2,232,000 | 2,203,000 | 2,191,000 | 2,133,000 | 2,123,000 | 2,085,000 | ||||||||||||||||||||||
realized gain on investments | -28,000 | 0 | -2,000 | 1,000 | -15,000 | -1,000 | -152,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | -5,555,000 | -5,548,000 | -43,000 | -1,642,000 | 765,000 | -991,000 | 644,000 | -309,000 | -643,000 | -1,634,000 | 1,075,000 | -473,000 | 428,000 | -388,000 | -220,000 | -1,058,000 | -540,000 | -2,339,000 | -6,966,000 | -210,000 | -2,861,000 | -1,846,000 | 41,000 | -2,792,000 | 721,000 | -2,445,000 | |||||||||||||||||||||||||
inventory | -2,167,000 | -886,000 | -1,186,000 | -1,243,000 | -1,989,000 | -1,187,000 | -2,492,000 | -867,000 | -3,994,000 | -1,802,000 | -1,603,000 | -4,297,000 | -2,882,000 | -3,316,000 | -1,116,000 | -1,575,000 | -2,485,000 | -3,327,000 | -140,000 | -1,453,000 | -2,447,000 | -1,482,000 | -1,190,000 | -2,331,000 | -1,459,000 | -6,000 | |||||||||||||||||||||||||
prepaid expenses and other current and non-current assets | -2,456,000 | -945,000 | 1,519,000 | -1,622,000 | -2,124,000 | -948,000 | -5,349,000 | 4,577,000 | -4,091,000 | 3,393,000 | -1,663,000 | 2,451,000 | -348,000 | 7,479,000 | -4,099,000 | -165,000 | -3,391,000 | -7,597,000 | -10,795,000 | -4,833,000 | -3,621,000 | 5,434,000 | -1,676,000 | 2,417,000 | -6,774,000 | -4,190,000 | -1,035,000 | -344,000 | -2,173,000 | -563,000 | -702,000 | 512,000 | 1,901,000 | -2,086,000 | -2,027,000 | 1,008,000 | -3,425,000 | -231,000 | |||||||||||||
accounts payable | -4,993,000 | -1,145,000 | 1,807,000 | 3,905,000 | -2,821,000 | -756,000 | 7,089,000 | -1,162,000 | 1,430,000 | -3,532,000 | 1,636,000 | 2,959,000 | -9,796,000 | 8,064,000 | 2,615,000 | -2,236,000 | -5,007,000 | 5,200,000 | 2,224,000 | -2,620,000 | -2,941,000 | 13,529,000 | -116,000 | -5,515,000 | -2,009,000 | 1,067,000 | 4,523,000 | 3,065,000 | -4,939,000 | 342,000 | 368,000 | -1,729,000 | -4,469,000 | 4,587,000 | -4,188,000 | 5,924,000 | -994,000 | 1,833,000 | -2,087,000 | 4,048,000 | -293,000 | 5,539,000 | -114,000 | 1,455,000 | -2,665,000 | 5,223,000 | 670,000 | 964,000 | 720,000 | 1,208,000 | -907,000 |
accrued expenses and other current liabilities | -19,166,000 | 1,928,000 | 14,528,000 | -26,100,000 | -3,435,000 | 11,613,000 | -18,038,000 | 1,301,000 | 6,730,000 | -7,891,000 | 1,373,000 | 8,636,000 | -12,220,000 | -120,000 | 10,150,000 | -12,697,000 | |||||||||||||||||||||||||||||||||||
income taxes payable | 0 | 0 | -683,000 | -188,000 | -51,811,000 | -3,684,000 | 116,000 | ||||||||||||||||||||||||||||||||||||||||||||
operating lease liabilities | -4,462,000 | -4,308,000 | -4,245,000 | -4,180,000 | -4,048,000 | -3,846,000 | -3,786,000 | -3,727,000 | -3,649,000 | -3,502,000 | -3,448,000 | -3,392,000 | -3,321,000 | -3,182,000 | -2,095,000 | -3,146,000 | -2,405,000 | -2,212,000 | -1,684,000 | -2,127,000 | -1,504,000 | -2,015,000 | -1,963,000 | -1,920,000 | -2,229,000 | -2,671,000 | -541,000 | -1,520,000 | -2,129,000 | ||||||||||||||||||||||
net cash from operating activities | -118,920,000 | -96,213,000 | -88,151,000 | -77,124,000 | -111,489,000 | -133,167,000 | -84,218,000 | -72,589,000 | -99,867,000 | -72,488,000 | -61,643,000 | -66,748,000 | -95,183,000 | -66,163,000 | -71,351,000 | -74,229,000 | -97,735,000 | 9,141,000 | -85,184,000 | -117,294,000 | -120,749,000 | -49,397,000 | -68,207,000 | -67,797,000 | -105,358,000 | -93,611,000 | -85,589,000 | -88,151,000 | -103,271,000 | -74,187,000 | -63,839,000 | -67,395,000 | -99,000,000 | -74,454,000 | -77,715,000 | -58,989,000 | -74,074,000 | -51,223,000 | -49,030,000 | 157,824,000 | -19,009,000 | -30,529,000 | -24,815,000 | 3,980,000 | -25,585,000 | -7,775,000 | -23,467,000 | -1,071,000 | -27,040,000 | -13,617,000 | -14,980,000 |
capital expenditures | -101,000 | -1,120,000 | -1,341,000 | -875,000 | -545,000 | -967,000 | -419,000 | -158,000 | -141,000 | -193,000 | -361,000 | 3,000 | -113,000 | -38,000 | -1,926,000 | -2,804,000 | -3,310,000 | 452,000 | -199,000 | -1,006,000 | -737,000 | -8,640,000 | -6,056,000 | 989,000 | -3,745,000 | -484,000 | -1,463,000 | -1,311,000 | -448,000 | -4,004,000 | -601,000 | -827,000 | -495,000 | -3,176,000 | 135,000 | -80,000 | -1,222,000 | -4,289,000 | -1,981,000 | -1,926,000 | -2,186,000 | -3,750,000 | -10,882,000 | 2,805,000 | -1,489,000 | -443,000 | -87,000 | 0 | -219,000 | -99,000 | |
free cash flows | -119,021,000 | -97,333,000 | -89,492,000 | -77,999,000 | -112,034,000 | -134,134,000 | -84,637,000 | -72,747,000 | -100,008,000 | -72,681,000 | -62,004,000 | -66,745,000 | -66,276,000 | -71,389,000 | -76,155,000 | -100,539,000 | 5,831,000 | -84,732,000 | -117,493,000 | -121,755,000 | -50,134,000 | -76,847,000 | -73,853,000 | -104,369,000 | -97,356,000 | -86,073,000 | -89,614,000 | -104,582,000 | -74,635,000 | -67,843,000 | -67,996,000 | -99,827,000 | -74,949,000 | -80,891,000 | -58,854,000 | -74,154,000 | -52,445,000 | -53,319,000 | 155,843,000 | -20,935,000 | -32,715,000 | -28,565,000 | -6,902,000 | -22,780,000 | -9,264,000 | -23,910,000 | -1,158,000 | -27,040,000 | -13,836,000 | -15,079,000 | |
investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of marketable securities | -148,182,000 | -161,078,000 | -174,981,000 | -130,797,000 | -174,903,000 | -198,326,000 | -995,503,000 | -104,545,000 | -244,059,000 | -90,440,000 | -95,004,000 | -104,135,000 | -128,351,000 | -248,563,000 | -174,471,000 | -251,831,000 | -355,916,000 | -426,810,000 | -452,515,000 | -437,033,000 | -61,863,000 | -126,406,000 | -241,023,000 | -134,690,000 | -54,911,000 | -293,744,000 | -50,591,000 | -66,810,000 | -77,421,000 | -177,952,000 | -162,704,000 | -261,693,000 | -330,971,000 | -84,177,000 | -135,969,000 | -441,816,000 | -26,740,000 | -138,480,000 | -141,298,000 | -15,126,000 | -211,163,000 | -134,520,000 | -112,452,000 | -70,679,000 | -35,526,000 | -621,836,000 | -89,045,000 | -91,526,000 | -34,812,000 | -26,551,000 | -96,303,000 |
proceeds from maturities and sales of marketable securities | 290,263,000 | 252,274,000 | 272,091,000 | 220,638,000 | 288,256,000 | 150,135,000 | 157,579,000 | 141,947,000 | 368,722,000 | 186,187,000 | 151,039,000 | 151,257,000 | 186,196,000 | 198,879,000 | 278,579,000 | 336,570,000 | 332,147,000 | 336,893,000 | 219,762,000 | 139,133,000 | 134,016,000 | 198,819,000 | 119,983,000 | 161,382,000 | 167,501,000 | 115,795,000 | 133,010,000 | 132,561,000 | 210,811,000 | 166,200,000 | 168,615,000 | 166,795,000 | 164,871,000 | 127,305,000 | 204,405,000 | 167,126,000 | 136,585,000 | 62,184,000 | 81,980,000 | 53,600,000 | 198,868,000 | 157,664,000 | 145,908,000 | 113,767,000 | 84,311,000 | 336,023,000 | 74,004,000 | 72,941,000 | 22,560,000 | 6,360,000 | 15,680,000 |
purchases of property and equipment | -769,000 | -1,120,000 | -1,555,000 | -875,000 | -766,000 | -967,000 | -419,000 | -158,000 | -141,000 | -234,000 | -369,000 | 3,000 | -399,000 | -113,000 | -38,000 | -1,926,000 | -2,804,000 | -4,502,000 | 22,000 | -249,000 | -1,012,000 | -1,017,000 | -5,204,000 | -4,233,000 | -4,455,000 | -6,824,000 | -2,038,000 | -1,271,000 | -2,038,000 | -1,053,000 | -3,140,000 | -1,361,000 | -1,432,000 | -1,280,000 | -2,019,000 | -1,035,000 | -293,000 | -1,222,000 | -3,426,000 | -2,734,000 | -2,533,000 | -2,186,000 | -3,299,000 | -10,882,000 | -3,797,000 | -1,489,000 | -628,000 | -86,000 | -13,000 | -219,000 | -99,000 |
net cash from investing activities | 141,312,000 | 90,076,000 | 95,555,000 | 78,966,000 | 112,587,000 | -49,158,000 | 250,793,000 | 37,244,000 | 124,562,000 | 95,513,000 | 39,341,000 | 47,125,000 | 57,596,000 | 82,951,000 | 104,070,000 | 82,813,000 | -26,573,000 | -1,897,355,000 | -232,731,000 | -298,149,000 | 1,874,077,000 | 71,396,000 | -126,244,000 | 22,459,000 | 108,135,000 | -184,773,000 | 80,381,000 | 64,480,000 | 131,352,000 | -12,805,000 | 2,771,000 | -96,259,000 | -167,532,000 | 41,848,000 | 66,417,000 | -275,725,000 | 109,552,000 | -77,518,000 | -62,744,000 | 35,740,000 | -14,828,000 | 20,958,000 | 30,157,000 | 32,206,000 | 44,988,000 | -287,302,000 | -15,098,000 | -18,671,000 | -12,265,000 | -20,410,000 | -80,722,000 |
financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from stock option exercises and employee stock purchase plan | 2,078,000 | 2,557,000 | 4,435,000 | 65,000 | 1,619,000 | 4,842,000 | 2,637,000 | 1,099,000 | 5,864,000 | 847,000 | 1,882,000 | 237,000 | 2,467,000 | 105,000 | 1,271,000 | 16,000 | 1,289,000 | 267,000 | 4,009,000 | 25,673,000 | 7,347,000 | 668,000 | 3,532,000 | 1,652,000 | 5,465,000 | 518,000 | 3,337,000 | 3,808,000 | 4,860,000 | 1,016,000 | 7,223,000 | 9,711,000 | 12,259,000 | 5,515,000 | 2,699,000 | 4,146,000 | 1,202,000 | 1,449,000 | 1,108,000 | 2,173,000 | 1,091,000 | 2,029,000 | |||||||||
net cash from financing activities | 2,078,000 | 2,557,000 | 4,435,000 | 65,000 | 1,619,000 | 4,842,000 | 2,637,000 | 1,099,000 | 5,864,000 | 847,000 | 1,882,000 | 237,000 | 2,467,000 | 22,000 | 1,187,000 | -67,000 | 1,208,000 | -18,586,000 | -250,985,000 | -503,458,000 | 7,261,000 | 582,000 | 3,448,000 | 252,103,000 | 5,385,000 | 277,606,000 | 3,337,000 | 3,808,000 | 4,860,000 | 1,016,000 | 7,223,000 | 9,508,000 | 528,277,000 | 2,589,000 | 5,322,000 | 273,153,000 | 4,046,000 | 3,993,000 | 163,228,000 | 1,449,000 | 1,108,000 | 1,287,000 | 2,173,000 | 1,091,000 | 1,822,000 | 239,059,000 | 367,000 | 95,152,000 | 582,000 | -424,000 | 124,232,000 |
net change in cash and cash equivalents | 24,470,000 | -3,580,000 | 11,839,000 | 1,907,000 | 2,717,000 | -177,483,000 | 169,212,000 | -34,246,000 | 30,559,000 | 23,872,000 | -20,420,000 | -19,386,000 | -35,120,000 | 16,810,000 | 33,906,000 | 8,517,000 | -123,100,000 | -197,098,000 | -568,900,000 | -918,901,000 | 1,760,589,000 | 22,581,000 | -191,003,000 | 206,765,000 | 8,162,000 | -778,000 | -1,871,000 | -19,863,000 | 32,941,000 | -85,976,000 | -53,845,000 | -154,146,000 | 261,745,000 | -30,017,000 | -5,976,000 | -61,561,000 | 39,524,000 | ||||||||||||||
cash and cash equivalents at beginning of the period | 89,130,000 | 0 | 0 | 0 | 76,247,000 | 0 | 0 | 0 | 88,205,000 | 0 | 0 | 0 | 139,259,000 | 0 | 0 | 0 | 203,126,000 | 0 | 0 | 0 | 127,436,000 | 0 | 0 | 0 | 80,931,000 | 0 | 0 | 0 | 70,502,000 | 0 | 0 | 0 | 102,724,000 | 0 | 0 | 0 | 160,754,000 | 0 | 0 | 0 | 71,764,000 | 0 | 0 | 0 | 14,031,000 | 0 | 0 | 0 | 71,560,000 | 0 | 0 |
cash and cash equivalents at end of the period | 113,600,000 | -3,580,000 | 11,839,000 | 1,907,000 | 78,964,000 | -177,483,000 | 169,212,000 | -34,246,000 | 118,764,000 | 23,872,000 | -20,420,000 | -19,386,000 | 104,139,000 | 16,810,000 | 33,906,000 | 8,517,000 | 80,026,000 | -197,098,000 | -568,900,000 | -918,901,000 | 1,888,025,000 | 22,581,000 | -191,003,000 | 206,765,000 | 89,093,000 | -778,000 | -1,871,000 | -19,863,000 | 103,443,000 | -85,976,000 | -53,845,000 | -154,146,000 | 364,469,000 | -30,017,000 | -5,976,000 | -61,561,000 | 200,278,000 | -124,748,000 | 51,454,000 | 195,013,000 | 39,035,000 | -8,284,000 | 7,515,000 | 37,277,000 | 35,256,000 | -56,018,000 | -38,198,000 | 75,410,000 | 32,837,000 | -34,451,000 | 28,530,000 |
supplemental disclosure of non-cash investing and financing transactions | |||||||||||||||||||||||||||||||||||||||||||||||||||
additions to property and equipment in accounts payable | 668,000 | 214,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
exchanges of marketable securities | 2,229,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash taxes paid | 4,000 | -940,000 | 65,000 | -17,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net income | -108,039,000 | -96,523,000 | 36,526,000 | -81,747,000 | -91,806,000 | -94,774,000 | -94,627,000 | -88,766,000 | -86,217,000 | 1,874,325,000 | |||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of contingent payments | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of property and equipment | -299,000 | 299,000 | 0 | 275,000 | 428,000 | -77,000 | 19,000 | 3,000 | -3,000 | 586,000 | 40,000 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||
expense associated with license agreement | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
milestone payment from gain on sale of oncology business | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses | 10,598,000 | 8,757,000 | 6,372,000 | -14,967,000 | 2,631,000 | -2,469,000 | 12,168,000 | -5,097,000 | 17,160,000 | -696,000 | 9,303,000 | -17,144,000 | 2,764,000 | 1,150,000 | |||||||||||||||||||||||||||||||||||||
other liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of contingent payments | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from milestone payment from gain on sale of oncology business | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
payments associated with license agreement | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of equipment | 0 | 0 | 0 | 40,000 | 0 | 1,175,000 | 0 | 150,000 | |||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of non-cash investing and financing transactions: | |||||||||||||||||||||||||||||||||||||||||||||||||||
additions to property and equipment in accounts payable and accrued expenses | 221,000 | 41,000 | 8,000 | 1,192,000 | 430,000 | 50,000 | 6,000 | 280,000 | -3,436,000 | -1,823,000 | 5,444,000 | 3,079,000 | 1,554,000 | -192,000 | 727,000 | 605,000 | -864,000 | 760,000 | 605,000 | 785,000 | -1,157,000 | 1,170,000 | 213,000 | -451,000 | |||||||||||||||||||||||||||
other non-current liabilities | -11,000 | 0 | -157,000 | -1,966,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of property and equipment | 0 | -39,000 | -150,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net cash taxes (returned) paid | 188,000 | -78,000 | -525,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
other receivables | -157,000 | -1,070,000 | 2,661,000 | -987,000 | 2,612,000 | 1,141,000 | -381,000 | 2,289,000 | 1,625,000 | -4,573,000 | |||||||||||||||||||||||||||||||||||||||||
payments on financing lease obligations | -83,000 | -84,000 | -83,000 | -81,000 | 195,000 | -603,000 | -84,000 | -86,000 | -86,000 | -84,000 | -86,000 | -80,000 | |||||||||||||||||||||||||||||||||||||||
less: net income from discontinued operations | 3,957,000 | -4,507,000 | -3,427,000 | 1,965,202,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net loss from continuing operations | 36,526,000 | -81,747,000 | -91,806,000 | -94,774,000 | -98,584,000 | -84,259,000 | -82,790,000 | -90,877,000 | |||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
net (accretion of discount) amortization of premium on marketable securities | -393,000 | 1,080,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities - continuing operations | -71,351,000 | -74,229,000 | -97,735,000 | -74,866,000 | -69,003,000 | -90,226,000 | |||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities - discontinued operations | -4,102,000 | -10,318,000 | -48,291,000 | -30,523,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities - continuing operations | 104,070,000 | 82,813,000 | -26,573,000 | -232,731,000 | -298,149,000 | 71,141,000 | |||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities - discontinued operations | 0 | 0 | 0 | 1,802,936,000 | |||||||||||||||||||||||||||||||||||||||||||||||
purchase of treasury stock | -19,048,000 | -254,391,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
financing lease liabilities arising from obtaining financing lease assets | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash taxes paid | |||||||||||||||||||||||||||||||||||||||||||||||||||
net amortization of premium (accretion of discount) on marketable securities | -2,776,000 | -661,000 | 232,000 | 1,150,000 | 1,623,000 | 1,904,000 | 1,758,000 | 1,664,000 | |||||||||||||||||||||||||||||||||||||||||||
deferred revenue | 2,500,000 | -6,268,000 | -6,268,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities - discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss from continuing operations to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities - continuing operations | 1,187,000 | -67,000 | 1,208,000 | -250,985,000 | -503,458,000 | 7,261,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from public offering of common stock, net of reimbursements | |||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease liabilities arising from obtaining operating lease assets | 0 | -534,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
non-cash interest expense associated with the sale of future revenue | 6,014,000 | 9,767,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
non-cash royalty revenue | -2,953,000 | -2,691,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
collaboration receivable – related party | 211,000 | 203,000 | 40,000 | -1,038,000 | 299,000 | 686,000 | -205,000 | 143,000 | 933,000 | 15,931,000 | -15,814,000 | -1,064,000 | 1,041,000 | 1,353,000 | 6,423,000 | -6,379,000 | 3,296,000 | -329,000 | -1,039,000 | 1,411,000 | 852,000 | 1,397,000 | -3,458,000 | -524,000 | 12,267,000 | ||||||||||||||||||||||||||
collaboration receivable – other | 44,000 | -165,000 | 206,000 | -105,000 | -1,059,000 | 1,353,000 | -582,000 | -970,000 | -230,000 | 0 | |||||||||||||||||||||||||||||||||||||||||
royalty receivable – related party | 0 | 1,650,000 | 1,650,000 | -400,000 | -300,000 | 100,000 | -500,000 | 34,000 | -371,000 | -290,000 | -156,000 | -195,000 | -507,000 | ||||||||||||||||||||||||||||||||||||||
deferred revenue – related party | 0 | 0 | -4,748,000 | -56,765,000 | -5,157,000 | -3,400,000 | -7,058,000 | -15,391,000 | -15,916,000 | -5,105,000 | -7,503,000 | -3,141,000 | -6,429,000 | -8,957,000 | -9,260,000 | -1,924,000 | -20,146,000 | -4,653,000 | 196,537,000 | -5,892,000 | -4,525,000 | -3,108,000 | 24,979,000 | -31,393,000 | -6,789,000 | -15,141,000 | |||||||||||||||||||||||||
deferred rent | -138,000 | 72,000 | -112,000 | 96,000 | -210,000 | -866,000 | -852,000 | -801,000 | -820,000 | 1,353,000 | 1,373,000 | -560,000 | 256,000 | 1,860,000 | 5,471,000 | 8,218,000 | 3,611,000 | 135,000 | -31,000 | -24,000 | |||||||||||||||||||||||||||||||
reimbursement (payment) of public offering costs | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of future revenue, net of issuance costs | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from stock option exercises in other current assets | -1,037,000 | 1,149,000 | -32,000 | 73,000 | 6,000 | 6,000 | 17,000 | -14,000 | 197,000 | -57,000 | 60,000 | -164,000 | |||||||||||||||||||||||||||||||||||||||
net accretion of premium and discounts on investments | 1,048,000 | 347,000 | 126,000 | -753,000 | |||||||||||||||||||||||||||||||||||||||||||||||
depreciation | 2,432,000 | 2,474,000 | 2,082,000 | 2,037,000 | 2,005,000 | 1,911,000 | 1,797,000 | 1,739,000 | 1,725,000 | 1,654,000 | 1,614,000 | 1,573,000 | 1,591,000 | 1,722,000 | 1,436,000 | 1,304,000 | 1,246,000 | 1,145,000 | 1,047,000 | 780,000 | 370,000 | 362,000 | 346,000 | 327,000 | 332,000 | 340,000 | 377,000 | ||||||||||||||||||||||||
payment of public offering costs, net of reimbursements | 0 | -203,000 | -188,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from public offering of common stock, net of commissions | 0 | 0 | 516,206,000 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
net amortization of premium and discounts on investments | -1,131,000 | -1,249,000 | -885,000 | -406,000 | -69,000 | -69,000 | 163,000 | 204,000 | 204,000 | 126,000 | 172,000 | ||||||||||||||||||||||||||||||||||||||||
public offering costs in other current assets, net of amounts in accounts payable and accrued expenses | 106,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
(payment) reimbursement of public offering costs | |||||||||||||||||||||||||||||||||||||||||||||||||||
public offering costs in other receivables, net of amounts in accounts payable and accrued expenses | 193,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
tenant improvement and other receivables | 372,000 | -80,000 | 2,662,000 | -24,000 | 4,000 | -1,089,000 | -1,443,000 | 2,803,000 | |||||||||||||||||||||||||||||||||||||||||||
public offering costs in other current assets | 329,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
public offering costs in accounts payable and accrued expenses | 158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
refundable income taxes and income taxes payable | 0 | 0 | 0 | 3,841,000 | 0 | 0 | 655,000 | -5,958,000 | |||||||||||||||||||||||||||||||||||||||||||
net proceeds from stock option exercises and employee stock purchase plan, and vesting of restricted stock units | |||||||||||||||||||||||||||||||||||||||||||||||||||
vesting of restricted stock | 12,000 | -2,000 | -6,000 | 2,000 | 16,000 | -1,000 | -9,000 | 3,000 | |||||||||||||||||||||||||||||||||||||||||||
proceeds from stock option exercises in other receivables | 92,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
reimbursement of public offering costs, net of payments | |||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of fixed assets | 40,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses and other liabilities | -6,889,000 | 8,161,000 | 2,069,000 | -2,902,000 | -836,000 | 5,027,000 | -4,132,000 | 1,574,000 | 1,817,000 | 4,544,000 | 1,064,000 | -2,194,000 | 2,398,000 | 635,000 | |||||||||||||||||||||||||||||||||||||
payment of public offering costs | -100,000 | -106,000 | -207,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net loss on disposal of fixed assets | |||||||||||||||||||||||||||||||||||||||||||||||||||
net amortization of premiums and discounts on marketable securities | |||||||||||||||||||||||||||||||||||||||||||||||||||
release of restricted cash | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from stock option exercises and employee stock purchase plan and vesting of restricted stock units | |||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | -124,748,000 | 51,454,000 | 195,013,000 | -32,729,000 | -8,284,000 | 7,515,000 | 37,277,000 | 21,225,000 | -38,198,000 | -34,451,000 | |||||||||||||||||||||||||||||||||||||||||
supplemental cash flow information | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for income taxes | 22,000 | 0 | 0 | 5,958,000 | |||||||||||||||||||||||||||||||||||||||||||||||
additions to property, plant and equipment included in accounts payable and accrued expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||
additions to property, plant and equipment in accounts payable and accrued expenses | -863,000 | 753,000 | 607,000 | 6,602,000 | |||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other assets | -272,000 | -857,000 | -1,451,000 | -2,442,000 | 833,000 | -708,000 | -122,000 | -1,965,000 | 139,000 | -930,000 | 122,000 | 1,006,000 | |||||||||||||||||||||||||||||||||||||||
deferred taxes | |||||||||||||||||||||||||||||||||||||||||||||||||||
net amortization of premiums and discounts on investments | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from private placement | |||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from stock option exercises and issuance of common stock | 380,000 | 454,000 | 582,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
conversion of convertible preferred stock upon initial public offering | |||||||||||||||||||||||||||||||||||||||||||||||||||
net amortization of premium on investments | 112,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from public offering of common stock, (payment of) commissions and offering costs | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from stock option exercises and issuance of common and restricted common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -38,723,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from public offering of common stock, net of commissions and offering costs | -13,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
additions to property, plant and equipment included in accounts payable | 185,000 | -1,000 | 13,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
conversion of convertible preferred stock into common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||
public offering costs included in accounts payable | |||||||||||||||||||||||||||||||||||||||||||||||||||
net amortization of premium (discount) on investments | 137,000 | 168,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
unbilled collaboration receivable – related party | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled collaboration receivable—related party | -2,143,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue—related party | -6,268,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
accrual of public offering costs | 65,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled collaboration receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from initial public offering, net of commissions | |||||||||||||||||||||||||||||||||||||||||||||||||||
payment of initial public offering costs | |||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of series c convertible preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of premium (discount) on investments | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from initial public offering and private placement of common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from stock option exercises | |||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||
initial public offering costs incurred but unpaid at period end | |||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of (discount) premium on investments |
