Quarterly
Annual
| Unit: USD | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating expenses: | ||||||||||||||||||||||||||
research and development | 78,883,000 | 69,254,000 | 69,567,000 | 69,293,000 | 72,232,000 | 55,322,000 | 50,650,000 | 53,392,000 | 38,634,000 | 27,985,000 | 21,787,000 | 18,320,000 | 25,087,000 | 21,363,000 | 20,514,000 | 27,711,000 | 19,470,000 | 23,976,000 | 10,602,000 | 25,709,000 | 17,379,000 | 13,037,000 | 8,791,000 | 13,138,000 | 13,885,000 | 5,960,000 |
general and administrative | 11,353,000 | 11,619,000 | 11,315,000 | 8,732,000 | 9,471,000 | 10,419,000 | 9,304,000 | 8,481,000 | 7,981,000 | 7,644,000 | 6,966,000 | 7,100,000 | 11,004,000 | 6,231,000 | 5,537,000 | 4,728,000 | 4,883,000 | 4,990,000 | 4,526,000 | 4,074,000 | 4,159,000 | 3,417,000 | 3,588,000 | 3,083,000 | 2,424,000 | 1,649,000 |
total operating expenses | 90,236,000 | 80,873,000 | 80,882,000 | 78,025,000 | 81,703,000 | 65,741,000 | 59,954,000 | 61,873,000 | 46,615,000 | 35,629,000 | 28,753,000 | 25,420,000 | 36,091,000 | 27,594,000 | 26,051,000 | 32,439,000 | 24,353,000 | 28,966,000 | 15,128,000 | 29,783,000 | 21,538,000 | 16,454,000 | 12,379,000 | 16,221,000 | 16,309,000 | 7,609,000 |
income from operations | -90,236,000 | -80,873,000 | -80,882,000 | -78,025,000 | -81,703,000 | -65,741,000 | -59,954,000 | -61,873,000 | -46,615,000 | -35,629,000 | -28,753,000 | -25,420,000 | -36,091,000 | -27,594,000 | -26,051,000 | -32,439,000 | -24,353,000 | -28,966,000 | -15,128,000 | -29,783,000 | -21,538,000 | -16,454,000 | -12,379,000 | -16,221,000 | -16,309,000 | |
yoy | 10.44% | 23.02% | 34.91% | 26.11% | 75.27% | 84.52% | 108.51% | 143.40% | 29.16% | 29.12% | 10.37% | -21.64% | 48.20% | -4.74% | 72.20% | 8.92% | 13.07% | 76.04% | 22.21% | 83.61% | 32.06% | |||||
qoq | 11.58% | -0.01% | 3.66% | -4.50% | 24.28% | 9.65% | -3.10% | 32.73% | 30.83% | 23.91% | 13.11% | -29.57% | 30.79% | 5.92% | -19.69% | 33.20% | -15.93% | 91.47% | -49.21% | 38.28% | 30.90% | 32.92% | -23.69% | -0.54% | ||
operating margin % | ||||||||||||||||||||||||||
interest expense | -1,092,000 | -1,172,000 | -1,154,000 | -1,200,000 | -1,246,000 | -1,231,000 | -991,000 | -897,000 | -888,000 | -857,000 | -457,000 | -362,000 | -324,000 | -53,000 | ||||||||||||
loss on extinguishment of loan payable | -1,557,000 | |||||||||||||||||||||||||
interest and other income | 11,319,000 | 11,540,000 | 11,311,000 | 9,201,000 | 10,244,000 | 10,985,000 | 7,601,000 | |||||||||||||||||||
net income | -81,566,000 | -70,505,000 | -70,725,000 | -70,024,000 | -72,705,000 | -55,987,000 | -53,344,000 | -55,186,000 | -39,659,000 | -31,083,000 | -25,831,000 | -23,059,000 | -35,542,000 | -27,403,000 | -26,029,000 | -32,424,000 | -24,330,000 | -28,933,000 | -15,090,000 | -29,711,000 | -21,403,000 | -16,207,000 | -11,886,000 | |||
yoy | 12.19% | 25.93% | 32.58% | 26.89% | 83.33% | 80.12% | 106.51% | 139.33% | 11.58% | 13.43% | -0.76% | -28.88% | 46.08% | -5.29% | 72.49% | 9.13% | 13.68% | 78.52% | 26.96% | |||||||
qoq | 15.69% | -0.31% | 1.00% | -3.69% | 29.86% | 4.95% | -3.34% | 39.15% | 27.59% | 20.33% | 12.02% | -35.12% | 29.70% | 5.28% | -19.72% | 33.27% | -15.91% | 91.74% | -49.21% | 38.82% | 32.06% | 36.35% | ||||
net income margin % | ||||||||||||||||||||||||||
net unrealized gain on marketable securities | 838,000 | -97,000 | 137,000 | -1,155,000 | 2,364,000 | 776,000 | -255,000 | -272,000 | ||||||||||||||||||
comprehensive loss | -80,728,000 | -70,602,000 | -70,588,000 | -71,179,000 | -70,341,000 | -56,169,000 | -53,693,000 | -54,410,000 | -39,914,000 | -31,355,000 | -25,847,000 | -23,022,000 | -35,539,000 | -27,376,000 | -26,032,000 | -32,434,000 | -24,338,000 | -28,940,000 | -15,089,000 | -29,730,000 | -21,477,000 | -16,162,000 | -11,835,000 | |||
net income per common share, basic and diluted | -990 | -860 | -900 | -990 | -1,050 | -810 | -900 | -1,020 | -710 | -600 | -550 | -420 | -920 | -770 | -740 | -930 | -700 | -830 | -430 | -890 | -630 | -570 | -420 | |||
weighted-average number of shares used in computing net income per common share, basic and diluted | 82,008,267,000 | 81,721,387,000 | 78,656,629,000 | 67,136,772,000 | 69,442,136,000 | 69,160,484,000 | 59,307,759,000 | 52,568,159,000 | 55,613,120,000 | 51,867,854,000 | 46,944,059,000 | 38,984,772,000 | 38,663,469,000 | 35,383,685,000 | 35,005,501,000 | 34,827,385,000 | 34,862,116,000 | 34,814,631,000 | 34,744,275,000 | 31,463,248,000 | 34,002,769,000 | 28,602,976,000 | 28,499,475,000 | |||
net unrealized loss on marketable securities | -182,000 | -349,000 | ||||||||||||||||||||||||
other income | 4,156,500 | 7,844,000 | 5,403,000 | 3,379,000 | 2,723,000 | 873,000 | 244,000 | 22,000 | 15,000 | 23,000 | 33,000 | 38,000 | 610,000 | 755,000 | 381,000 | |||||||||||
net unrealized loss on short-term marketable securities | -16,000 | |||||||||||||||||||||||||
net unrealized gain on short-term marketable securities | 37,000 | 3,000 | 27,000 | -3,000 | -10,000 | -8,000 | 51,000 | |||||||||||||||||||
other income: | ||||||||||||||||||||||||||
interest income | 493,000 | |||||||||||||||||||||||||
total other income | 218,750 | 135,000 | 247,000 | 493,000 | 610,000 | 755,000 | 381,000 | |||||||||||||||||||
other incomes | ||||||||||||||||||||||||||
other income, net: | ||||||||||||||||||||||||||
change in fair value of preferred stock tranche obligation | ||||||||||||||||||||||||||
change in fair value of anti-dilution right liability | ||||||||||||||||||||||||||
net income and comprehensive loss | -7,036,000 | -15,554,000 | ||||||||||||||||||||||||
accretion of redeemable convertible preferred stock to redemption value | ||||||||||||||||||||||||||
net income attributable to common stockholders | -15,611,000 | -15,554,000 | -7,228,000 | |||||||||||||||||||||||
net income per share | -0.24 | -0.56 | -2.21 | |||||||||||||||||||||||
weighted-average number of shares used in computing net income per share attributable to common stockholders, basic and diluted | 15,070,728 | 28,024,779 | 3,268,390 | |||||||||||||||||||||||
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.
