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 
      
                                        
      collaboration revenue
    76,320,000 22,263,000 27,771,000 43,113,000 30,017,000 10,971,000 7,179,000 9,005,000 3,318,000 3,460,000 1,374,000 6,808,000 1,293,000 1,216,000 970,000 1,011,000 20,890,000 30,027,000 11,247,000 60,000,000   15,000,000 3,000,000  5,000,000   5,000,000   3,000,000  7,000,000   
      operating expenses:
                                        
      research and development
    31,407,000 37,824,000 41,180,000 42,589,000 42,212,000 41,997,000 37,042,000 33,525,000 30,878,000 32,923,000 34,957,000 23,374,000 22,064,000 20,844,000 22,516,000 26,776,000 22,221,000 25,314,000 24,185,000 21,567,000 19,542,000 17,948,000 20,968,000 21,426,000 29,931,000 27,350,000 20,631,000 15,920,000 17,883,000 10,583,000 11,810,000 7,606,000 6,697,000 7,205,000 7,935,000  
      general and administrative
    10,209,000 10,609,000 14,130,000 10,194,000 10,562,000 9,295,000 12,338,000 10,276,000 10,172,000 10,680,000 10,818,000 9,407,000 8,862,000 8,171,000 10,203,000 5,392,000 5,432,000 5,246,000 5,423,000 5,088,000 4,794,000 4,687,000 4,285,000 3,832,000 3,814,000 4,307,000 4,141,000 3,743,000 4,004,000 3,832,000 3,947,000 2,545,000 2,390,000 2,350,000 2,053,000  
      total operating expenses
    41,616,000 48,433,000 55,310,000 52,783,000 52,774,000 51,292,000 49,380,000 51,140,000 41,050,000 43,603,000 45,775,000 32,781,000 30,926,000 29,015,000 32,719,000 32,168,000 27,653,000 30,560,000 29,608,000 26,655,000 24,336,000 22,635,000 25,253,000 25,258,000 33,745,000 31,657,000 24,772,000 19,663,000 21,887,000 14,415,000 15,757,000 10,151,000 9,087,000 9,555,000 9,988,000  
      income from operations
    34,704,000 -26,170,000 -27,539,000 -9,670,000 -22,757,000 -40,321,000 -42,201,000 -42,135,000 -37,732,000 -40,143,000 -44,401,000 -25,973,000 -29,633,000 -27,799,000 -31,749,000 -31,157,000 -6,763,000 -533,000 -18,361,000 33,345,000 -24,336,000 -22,635,000 -10,253,000 -22,258,000 -33,745,000 -26,657,000 -24,772,000 -19,663,000 -16,887,000 -14,415,000 -15,757,000 -7,151,000 -9,087,000 -2,555,000 -9,988,000  
      yoy
    -252.50% -35.10% -34.74% -77.05% -39.69% 0.44% -4.95% 62.23% 27.33% 44.40% 39.85% -16.64% 338.16% 5115.57% 72.92% -193.44% -72.21% -97.65% 79.08% -249.81% -27.88% -15.09% -58.61% 13.20% 99.83% 84.93% 57.21% 174.97% 85.84% 464.19% 57.76%      
      qoq
    -232.61% -4.97% 184.79% -57.51% -43.56% -4.45% 0.16% 11.67% -6.01% -9.59% 70.95% -12.35% 6.60% -12.44% 1.90% 360.70% 1168.86% -97.10% -155.06% -237.02% 7.51% 120.76% -53.94% -34.04% 26.59% 7.61% 25.98% 16.44% 17.15% -8.52% 120.35% -21.31% 255.66% -74.42%   
      operating margin %
                                        
      other income, net:
                                        
      interest income
    2,924,000 3,654,000 4,413,000 5,263,000 5,324,000 4,623,000 4,584,000 4,880,000 4,854,000 4,653,000 4,486,000 3,839,000 2,262,000 1,107,000 342,000 68,000 64,000 104,000 195,000 376,000 625,000 1,061,000 1,897,000 2,282,000 2,757,000 2,957,000 2,988,000 2,834,000 1,369,000 1,297,000 1,185,000      
      non-cash interest expense for the sale of future royalties
    -22,515,000 -19,606,000 -18,061,000 -17,404,000 -15,413,000 -10,953,000 -6,317,000 -4,958,000 -4,431,000 -4,358,000 -4,336,000 -4,251,000 -6,135,000 -5,868,000 -4,854,000                      
      other income
     3,531,000 1,902,000 21,000 -5,000  -2,000  1,000 3,000 -4,000 -4,000 4,000 6,000 6,000 1,000 33,000  3,000 -75,000 -56,000 26,000 94,000 -109,000 144,000 -41,000 7,000 8,000 -40,000 -64,000 -63,000 -877,000 449,000 310,000 347,000  
      total other income
    -19,591,000 -12,421,000 -11,746,000 -12,120,000 -10,094,000 -6,330,000 -1,735,000 -80,000 424,000 298,000 146,000 -416,000 -3,869,000 -4,755,000 -4,506,000 -1,381,000 97,000 104,000 198,000 301,000 569,000 1,087,000 1,991,000 1,973,000 2,661,000 2,635,000 2,675,000 2,477,000 929,000 797,000 671,000 290,000 -3,000 -129,000 -1,447,000  
      income before income taxes
    15,113,000 -38,591,000 -39,285,000 -21,790,000 -32,851,000 -46,651,000              33,646,000 -23,767,000 -21,548,000 -8,262,000 -20,285,000 -31,084,000 -24,022,000 -22,097,000          
      benefit from income taxes
     -39,000 -44,000 -2,250  -9,000                  22,000 51,000 60,000 19,000          
      net income
    15,113,000 -38,630,000 -39,329,000 -21,784,000 -32,851,000 -46,660,000 -43,936,000 -42,211,000 -37,308,000 -39,845,000 -44,255,000 -26,413,000 -33,502,000 -32,554,000 -36,255,000 -32,538,000 -6,666,000 -429,000 -18,163,000 33,646,000 -23,767,000 -21,548,000 -8,262,000 -20,263,000 -31,033,000 -23,962,000 -22,078,000 -16,994,000 -15,958,000 -13,618,000 -15,086,000 -6,861,000 -9,090,000 -2,684,000 -11,435,000  
      yoy
    -146.00% -17.21% -10.49% -48.39% -11.95% 17.10% -0.72% 59.81% 11.36% 22.40% 22.07% -18.82% 402.58% 7488.34% 99.61% -196.71% -71.95% -98.01% 119.84% -266.05% -23.41% -10.07% -62.58% 19.24% 94.47% 75.96% 46.35% 147.69% 75.56% 407.38% 31.93%      
      qoq
    -139.12% -1.78% 80.54% -33.69% -29.59% 6.20% 4.09% 13.14% -6.37% -9.96% 67.55% -21.16% 2.91% -10.21% 11.42% 388.12% 1453.85% -97.64% -153.98% -241.57% 10.30% 160.81% -59.23% -34.70% 29.51% 8.53% 29.92% 6.49% 17.18% -9.73% 119.88% -24.52% 238.67% -76.53%   
      net income margin %
                                        
      unrealized gain on available for sale securities
    53,000 -167,000 -144,000 -454,000 1,174,000 209,000 173,000 1,553,000 1,261,000 -344,000 1,979,000                          
      comprehensive income
    15,166,000                                 -2,730,000   
      net income per common share:
                                        
      basic
    540                               -310 -450 -130   
      diluted
    520                               -310 -450 -130   
      weighted-average number of shares outstanding:
                                        
      basic
    27,833,000                                20,382,000 20,271,000   
      diluted
    29,018,000                                20,382,000 20,271,000   
      comprehensive loss
     -38,797,000 -39,473,000 -22,238,000 -31,677,000 -46,451,000 -43,763,000 -40,658,000 -36,047,000 -40,189,000 -42,276,000 -25,652,000 -35,648,000 -33,981,000 -38,267,000 -32,760,000 -6,690,000 -494,000 -18,270,000 33,383,000 -24,261,000 -21,940,000 -7,455,000 -20,405,000 -31,127,000 -23,592,000 -21,651,000 -16,676,000 -15,822,000 -13,494,000 -15,887,000 -7,244,000 -9,074,000  -11,448,000  
      net income per common share:
                                        
      basic and diluted
     -1,340 -1,280 -660 -1,140 -1,710 -1,640 -1,590 -1,410 -1,500 -1,580 -930 -1,180 -1,150 -1,310 -1,190 -240 -20 -660 1,230 -870 -790 -300 -750 -1,150 -890 -820 -640 -660 -570 -630    -750  
      weighted-average number of shares outstanding:
                                        
      basic and diluted
     28,810,000 30,644,000 28,382,000 28,893,000 27,356,000 26,801,000 26,924,000 26,546,000 26,629,000 27,953,000 28,165,000 28,289,000 28,204,000 27,713,000 27,431,000 27,436,000 27,391,000 27,361,000 27,302,000 27,316,000 27,279,000 27,264,000 27,059,000 27,058,000 27,026,000 26,981,000 24,673,000 24,146,000 23,932,000 23,801,000 19,782,000   15,295,000  
      unrealized loss on available for sale securities
               761,000 -2,146,000 -1,427,000 -2,012,000 -49,000 -24,000              -801,000   -46,000 -13,000  
      unrealized income on available for sale securities
                     -65,000 -107,000         373,000 136,000 124,000  -10,750 16,000    
      interest expense
                           -200,000 -240,000 -281,000 -320,000 -365,000 -400,000 -436,000 -451,000 -456,000 -452,000 -439,000 -428,000  
      other comprehensive income:
                                        
      unrealized income on available for sale securities, net of tax of 0, (25), 0 and 189, respectively
                       -19,750 -494,000                
      unrealized income on available for sale securities, net of tax of 0, 99, 0 and 214, respectively
                         -392,000               
      unrealized income on available for sale securities, net of tax of 0 and 115, respectively
                          807,000              
      unrealized income on available for sale securities, net of tax of (25), 0, 189 and 0, respectively
                           175,750 -94,000            
      unrealized income on available for sale securities, net of tax of 99, 0, 214 and 0, respectively
                             370,000           
      unrealized income on available for sale securities, net of tax of 115 and 0, respectively
                              427,000          
      change in fair value of liability for preferred stock warrants
                                      -1,366,000  
      other comprehensive income
                               -28,750 136,000 124,000  -10,750 16,000    
      other comprehensive loss
                                  -801,000   -46,000 -13,000  
      net income attributed to participating securities
                                        
      net income attributed to common stockholders
                                   -5,802,250 -9,090,000 -2,684,000   
    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.