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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating expenses: | ||||||||||||||||||
research and development | 22,010,000 | 22,547,000 | 1,531,000 | 10,328,000 | 21,248,000 | 20,080,000 | 17,813,000 | 16,884,000 | 16,034,000 | 13,488,000 | 12,221,000 | 10,783,000 | 8,363,000 | 7,255,000 | 11,569,000 | 3,418,000 | 4,327,000 | |
general and administrative | 5,391,000 | 5,231,000 | 3,387,000 | 4,872,000 | 7,082,000 | 4,917,000 | 4,538,000 | 4,253,000 | 4,484,000 | 4,302,000 | 4,151,000 | 3,631,000 | 3,369,000 | 3,852,000 | 3,764,000 | 5,253,000 | 2,782,000 | 1,447,000 |
total operating expenses | 27,401,000 | 27,778,000 | 3,387,000 | 6,403,000 | 17,410,000 | 26,165,000 | 24,618,000 | 22,066,000 | 21,368,000 | 20,336,000 | 17,639,000 | 15,852,000 | 14,152,000 | 12,215,000 | 11,019,000 | 16,822,000 | 6,200,000 | 5,774,000 |
income from operations | -27,401,000 | -27,778,000 | -3,387,000 | -6,403,000 | -17,410,000 | -26,165,000 | -24,618,000 | -22,066,000 | -21,368,000 | -20,336,000 | -17,639,000 | -15,852,000 | -14,152,000 | -12,215,000 | -11,019,000 | -16,822,000 | -6,200,000 | -5,774,000 |
yoy | 57.39% | 6.16% | -86.24% | -70.98% | -18.52% | 28.66% | 39.57% | 39.20% | 50.99% | 66.48% | 60.08% | -5.77% | 128.26% | 111.55% | ||||
qoq | -1.36% | 720.14% | -47.10% | -63.22% | -33.46% | 6.28% | 11.57% | 3.27% | 5.07% | 15.29% | 11.27% | 12.01% | 15.86% | 10.85% | -34.50% | 171.32% | 7.38% | |
operating margin % | ||||||||||||||||||
other income: | -2,000 | -10,000 | -6,000 | -3,000 | 1,000 | |||||||||||||
interest income | 2,254,000 | 1,828,000 | 871,000 | 1,028,000 | 1,183,000 | 1,396,000 | 1,435,000 | 1,709,000 | 1,804,000 | 1,312,000 | 1,120,000 | 932,000 | 560,000 | 230,000 | 109,000 | 49,000 | 16,000 | 2,000 |
change in fair value of convertible notes payable | -6,184,000 | |||||||||||||||||
other income | -28,000 | -1,000 | -1,000 | -77,000 | 4,000 | -6,000 | -3,000 | |||||||||||
total other income | 2,226,000 | -4,356,000 | 869,000 | 1,028,000 | 1,173,000 | 1,390,000 | 1,432,000 | 1,709,000 | 1,805,000 | 1,311,000 | 1,119,000 | 855,000 | 564,000 | 224,000 | 109,000 | 46,000 | 16,000 | -1,000 |
net income | -25,175,000 | -32,134,000 | -2,518,000 | -5,430,000 | -16,237,000 | -24,775,000 | -23,186,000 | -20,413,000 | -19,563,000 | -19,025,000 | -16,520,000 | -15,022,000 | -13,588,000 | -11,991,000 | -10,910,000 | |||
yoy | 55.05% | 29.70% | -89.14% | -73.40% | -17.00% | 30.22% | 40.35% | 35.89% | 43.97% | 58.66% | 51.42% | |||||||
qoq | -21.66% | 1176.17% | -53.63% | -66.56% | -34.46% | 6.85% | 13.58% | 4.34% | 2.83% | 15.16% | 9.97% | 10.55% | 13.32% | 9.91% | ||||
net income margin % | ||||||||||||||||||
other comprehensive loss: | ||||||||||||||||||
currency translation adjustment | 18,000 | -24,000 | ||||||||||||||||
unrealized gain on investments | 35,000 | |||||||||||||||||
comprehensive loss | -25,122,000 | -32,158,000 | -2,573,000 | -5,549,000 | -15,930,000 | -24,825,000 | -23,456,000 | -19,953,000 | -19,585,000 | -19,047,000 | -16,255,000 | -14,717,000 | -13,574,000 | -12,132,000 | -11,495,000 | |||
net income per share | -0.48 | -0.86 | -0.09 | -0.19 | -0.56 | -0.86 | -0.83 | -0.74 | -0.71 | -0.76 | -0.67 | -0.61 | -0.56 | -0.49 | -0.45 | -1.61 | -0.26 | -23.8 |
weighted-average shares used for eps calculation | 39,584,489 | 28,431,158 | ||||||||||||||||
comprehensive loss: | ||||||||||||||||||
unrealized gain on securities | -55,000 | -119,000 | 307,000 | -50,000 | -270,000 | 460,000 | -22,000 | -22,000 | 265,000 | -178,000 | 14,000 | |||||||
weighted-average shares of common stock outstanding, basic and diluted | 28,985,019 | 28,582,194 | 28,863,327 | 28,756,043 | 27,795,827 | 26,331,630 | 27,640,542 | 25,166,505 | 24,777,847 | 24,472,104 | 24,454,786 | 24,410,503 | 24,410,393 | 12,293,629 | 23,885,017 | 243,076 | ||
unrealized loss on securities | -141,000 | |||||||||||||||||
net income before income taxes | -10,910,000 | |||||||||||||||||
unrealized loss on available-for-sale investments | -585,000 | |||||||||||||||||
change in fair value of convertible promissory notes | ||||||||||||||||||
net income and comprehensive loss | -1,546,000 | -6,184,000 | -5,775,000 | |||||||||||||||
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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.
