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 
      
    		                            
      cash flows from operating activities:
    		                            
      net income
    		-35,100,000 -61,200,000 82,900,000 -45,100,000 -49,200,000 -35,200,000 -69,400,000 -154,800,000 -64,000,000 -66,600,000 -81,900,000 -82,900,000 -66,200,000 -70,000,000 -63,400,000 -52,995,395 -46,751,752 -50,288,562 -40,964,291 -41,546,488 -30,819,866 -25,226,539 -21,739,171 -21,047,716 -17,675,372 -17,164,647 -14,404,492 -16,087,866 
      adjustments to reconcile net income to net cash from operating activities:
    		                            
      depreciation and amortization
    		800,000 800,000 700,000 1,100,000 1,100,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,700,000 1,600,000 1,500,000 1,500,000 1,288,002 1,198,603 1,165,385 1,148,010 1,052,274 861,292 635,104 617,469 536,712 468,226 310,460 246,159 222,948 
      net accretion of bond discounts/premiums
    		-3,100,000 -3,500,000 -3,800,000 -4,700,000 -5,900,000 -5,700,000 -5,500,000 -5,000,000 -4,600,000 -3,600,000 -3,400,000 -800,000 700,000 2,500,000 3,300,000 4,158,794 2,567,842 1,695,232 978,132 249,890 580,932 457,562 366,132 263,892 -21,018 -94,235 5,383  
      amortization of right-of-use assets
    		500,000 600,000 600,000 500,000 500,000 500,000 500,000 500,000 500,000 400,000 500,000 400,000 500,000 400,000 600,000              
      amortization of collaboration contract asset
    		400,000 400,000 3,300,000 1,000,000 1,900,000 1,300,000 400,000 -700,000 500,000 900,000 600,000 500,000 500,000 500,000 300,000 337,110             
      net income on disposal of property, plant and equipment
    		                            
      stock-based compensation
    		10,200,000 10,300,000 15,000,000 23,300,000 24,700,000 21,600,000 18,600,000 16,700,000 16,700,000 18,300,000 19,900,000 20,100,000 18,800,000 20,000,000 16,600,000 16,979,494 15,224,632 14,568,216 10,327,658  8,246,921 7,754,959 6,119,711      
      changes in operating assets and liabilities:
    		                            
      accounts receivable
    		-19,800,000 -100,000 5,300,000 1,600,000    15,700,000 -15,600,000 -100,000 1,000,000 0 400,000 -1,400,000 15,000,000 -13,119,820             
      other receivables
    		4,100,000   -500,000 2,500,000 -2,900,000 100,000 -2,400,000 -200,000 100,000 2,300,000 -1,200,000 900,000 -100,000 4,100,000 -3,987,934 659,891 -2,240,233 2,268,276 -3,932,021 52,684 314,121 2,402,390 -1,138,601 -3,740,142 1,067,429 -213,548  
      prepaid expenses and other assets
    		5,400,000 -400,000 -2,700,000                          
      collaboration contract asset
    		   0 0           -29,912             
      accounts payable and accrued liabilities
    		-100,000 -16,800,000 -800,000 -4,900,000 -2,400,000 1,800,000 -15,700,000 1,300,000 16,600,000 8,200,000 -8,800,000 25,200,000 7,700,000                
      operating lease liability
    		-600,000 -500,000 -500,000  -600,000 -500,000 -500,000  -500,000 -500,000 -500,000  -500,000 -400,000 -600,000              
      deferred revenue
    		-21,800,000 -22,400,000 -188,900,000 -55,500,000 -95,500,000 75,300,000 -25,300,000 43,100,000 -34,600,000 -53,200,000 -29,900,000 -34,000,000 -30,300,000 -31,300,000 -21,200,000 -22,783,901 726,359,332 -5,537,716 -2,537,715 -215,365 -5,149,950 -5,741,205 -2,211,793 -3,657,209 16,546,923 -4,016,489 -4,016,489 -664,335 
      net cash from operating activities
    		-59,100,000 -95,400,000 -88,900,000 -84,100,000 -128,000,000 50,300,000 -97,500,000 -83,100,000 -84,800,000 -88,700,000 -91,200,000 -71,200,000 -66,600,000 -78,600,000 -57,100,000 -35,754,902 681,526,548 -47,403,181 -38,968,465 -29,021,152 -22,383,835 -21,401,986 -16,949,961 -16,178,523 1,853,633 -13,569,083 -12,732,369 -12,254,130 
      capex
    		-100,000 -1,200,000 -300,000 0 -700,000 -700,000 -100,000 0 -1,100,000 -300,000 -1,000,000 -200,000 -2,400,000 -1,000,000 -2,000,000 -1,470,532 -1,568,972 -279,511 -880,985 -2,109,846 -781,361 -2,046,994 -986,622 -1,737,356 -1,122,174 -3,323,908 129,322 -784,356 
      free cash flows
    		-59,200,000 -96,600,000 -89,200,000 -84,100,000 -128,700,000 49,600,000 -97,600,000 -83,100,000 -85,900,000 -89,000,000 -92,200,000 -71,400,000 -69,000,000 -79,600,000 -59,100,000 -37,225,434 679,957,576 -47,682,692 -39,849,450 -31,130,998 -23,165,196 -23,448,980 -17,936,583 -17,915,879 731,459 -16,892,991 -12,603,047 -13,038,486 
      cash flows from investing activities:
    		                            
      purchases of marketable securities
    		-110,000,000 -118,000,000 -119,600,000  -160,400,000 -192,500,000 -247,900,000  -173,400,000 -316,600,000 -175,700,000  -233,100,000 -205,900,000 -263,200,000              
      maturities of marketable securities
    		173,600,000 248,000,000 189,500,000 106,000,000 211,600,000 206,200,000 120,200,000 230,500,000 234,500,000 358,600,000 280,300,000 204,700,000 316,300,000 282,000,000 273,900,000 228,017,691 117,924,309 48,883,000 33,675,000 58,716,490 27,149,000 35,790,968 52,462,085 49,853,000 44,576,816 33,250,000 42,016,000 19,260,526 
      purchases of property, equipment and leasehold improvements
    		-100,000 -1,200,000 -400,000  -700,000 -700,000 -100,000  -1,100,000 -600,000 -1,100,000  -2,200,000 -1,400,000 -2,100,000              
      proceeds from disposal of property, equipment and leaseholds improvements
    		    0                        
      net cash from investing activities
    		63,500,000   98,900,000 50,500,000 13,100,000 -127,800,000 -53,700,000 70,000,000 48,600,000 138,600,000 19,400,000 105,800,000 109,000,000 8,600,000 -115,633,512 -741,097,364 -249,052,071 -207,817,053 56,861,873 59,283,295 5,610,166 42,494,745 -95,427,922 -31,814,671 -4,228,072 38,374,102 -101,861,703 
      cash flows from financing activities:
    		                            
      repayments of long-term debt
    		0 0 -100,000 -100,000                    0 -77,666 -46,402 -45,542  
      repurchase of common shares
    		                            
      proceeds from exercise of stock options and issuance of espp shares
    		0   600,000 2,400,000 3,500,000 1,800,000 600,000 1,900,000 500,000 1,500,000                  
      net cash from financing activities
    		-17,800,000 500,000 -100,000 500,000 2,400,000 3,400,000 1,600,000 334,800,000 37,900,000 500,000 1,500,000 500,000 1,200,000 500,000 2,500,000 3,998,811 266,507,208 3,613,289 4,480,692 471,543,590 30,495,805 1,279,153 1,350,482 108,682,027 30,754,335 353,086 -45,542 111,114,885 
      net increase in cash and cash equivalents
    		                  -242,304,826 499,384,311 67,395,265 -14,512,667 26,895,266 -2,924,418 793,297 -17,444,069 25,596,191  
      cash, cash equivalents and restricted cash, beginning of the period
    		0 0 100,500,000 0 0 0 317,200,000 0 0 0 86,800,000 0 0 0 112,800,000 26,768 0            
      cash and cash equivalents, end of the period
    		                  346,068,406 499,384,311 67,395,265 -14,512,667 36,106,323 -2,924,418 793,297 -17,444,069 28,786,247 -3,000,948 
      supplemental disclosure of cash flow information:
    		                            
      repurchases of common shares unpaid at period end
    		                            
      cash paid for taxes
    		   700,000 100,000 300,000 1,200,000 2,000,000 100,000   3,000,000                 
      net increase in cash, cash equivalents and restricted cash
    		   15,300,000 -75,100,000 66,800,000 -223,700,000 198,000,000 23,100,000 -39,600,000 48,900,000 -51,300,000    -147,389,603 206,936,392            
      cash, cash equivalents and restricted cash, end of the period
    		 33,900,000 81,000,000 15,300,000 -75,100,000 66,800,000 93,500,000 198,000,000 23,100,000 -39,600,000 135,700,000 -51,300,000 40,400,000 30,900,000 66,800,000 -147,362,835 206,936,392            
      net cash from by investing activities
    		  69,500,000                          
      net decrease in cash, cash equivalents and restricted cash
    		  -19,500,000           30,900,000 -46,000,000              
      purchases of property, equipment and leasehold improvements unpaid at period end
    		  100,000       300,000 100,000 -200,000 -200,000 400,000 100,000 424,467 -220,899 187,515 108,917 -255,230 625,463 -223,125 375,602 51,308 65,856 -437,222 509,966 -162,807 
      loss on sale of marketable securities
    		       0 0 0 900,000  300,000                
      net income on disposal of property, equipment and leasehold improvements
    		                            
      operating lease liabilities
    		                 -301,190 -310,412 -250,975 -246,087 -236,272 -186,824 -182,351 -176,442 -130,145 -93,023  
      purchase of marketable securities
    		               -341,733,744 -864,896,060 -297,468,045 -240,502,151 -1 0 -32,591,049 -8,605,116 -143,492,258 -75,203,457 -34,591,386 -3,261,254 -120,500,680 
      sale of marketable securities
    		                            
      purchase of property, equipment and leasehold improvements
    		               -1,894,999 -1,348,073 -467,026 -989,902 -1,854,616 -1,406,824 -1,823,869 -1,362,224 -1,788,664 -1,188,030 -2,886,686 -380,644 -621,549 
      proceeds from disposal of property, equipment and leasehold improvements
    		                            
      proceeds from issuance of common stock and pre-funded warrants
    		                            
      payment of common stock offering costs
    		                   -26,733,480         
      prepaid expenses and other current assets
    		    -400,000 -4,100,000 -1,900,000 1,800,000 -800,000 6,200,000 6,900,000 200,000 -1,000,000 -3,300,000 2,300,000 -1,175,535 -3,294,789 -7,032,910 -2,096,766 -2,653,260 -139,253 161,629 243,036 217,861 -1,265,332 -380,968 363,434 63,771 
      sales of marketable securities
    		        10,000,000 7,200,000 35,100,000  24,800,000        33,541,119        
      proceeds from issuance of common stock
    		               33,584        108,231,973     
      payment of common stock issuance costs
    		                            
      repayments of long term debt
    		     -100,000 -200,000                     -44,698 
      forgiveness of debt income
    		               0 0            
      cash paid for interest
    		               64,792 24,375 -5,417 16,250 16,250 16,250 16,250 16,250 10,834 22,152 12,871 24,563 20,145 
      gain on sale of marketable securities
    		               173,945    -68,045         
      proceeds from sale of common stock in at-the-market offering
    		                   34,807,935         
      payment of common stock offering costs for at-the-market offering
    		                            
      proceeds from exercise of stock options
    		           500,000 1,200,000 500,000 2,500,000 3,935,315 6,570,704 3,613,289 4,480,692 5,053,822 577,303 1,279,153 1,350,482 1,047,185 1,377,968    
      accounts payable
    		              -22,600,000 26,225,807 -82,863 -4,215,086 1,772,142 2,289,075 2,032,814 -367,912 -1,911,635 2,227,695 800,497 284,784 -1,704,241 1,297,930 
      accrued expenses
    		              7,000,000 9,290,620 296,254 5,471,765 -10,858,639 6,266,293 4,739,274 620,736 -819,180 1,375,933 2,227,997 1,051,418 -1,053,720 135,683 
      amortization of right to use assets
    		                 311,918 305,140 233,753 228,879 225,831 169,904 184,490 140,245 186,212 180,398  
      account receivable
    		                 0 1,000,000 1,444,450    59,330 -59,330 0 2,775,831 -2,775,831 
      cash and cash equivalents, beginning of the period
    		                  588,373,232 0 0 0 9,211,057 0 0 0 3,190,056 0 
      amortization of debt discount
    		                       0 6,167 4,491 4,491 4,490 
      change in fair value of preferred unit warrant liability
    		                           0 
      non-cash share/unit-based compensation
    		                            
      proceeds from long-term debt
    		                            
      proceeds from issuance of series c redeemable convertible preferred units
    		                            
      proceeds from exercise of warrant
    		                            
      increase in redemption value of preferred units
    		                            
      deferred liability
    		                            
      non-cash compensation
    		                        4,601,214 5,312,607 5,177,448  
      proceeds from long term debt
    		                           0 
      proceeds from sale of redeemable convertible preferred units
    		                            
      proceeds from exercise of redeemable convertible preferred warrant
    		                            
      deferred offering costs included in accrued expenses
    		                            
      change in redemption value of preferred units
    		                            
      net accretion of bond discounts/
    		                            
      other receivable
    		                            
      net decrease in cash and cash equivalents
    		                            
    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.