7Baggers
Quarterly
Annual
    Unit: USD2025-03-31 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 
      
    		                                         
      cash flows from operating activities
    		                                         
      net income
    		496,000 -49,956,000 -56,274,000 -49,995,000 89,136,000 -110,916,000 -133,714,000 -132,794,000 -129,560,000 -158,646,000 -133,162,000 -159,710,000 -105,999,000 -318,686,000 -117,240,000 -108,445,000 -99,714,000 -85,668,000 633,978,000 -123,473,000 -110,955,000 -66,331,000 -94,275,000 -99,681,000 -87,407,000 -80,322,000 -72,723,000 -27,048,000 -56,549,000  -37,703,000 -61,361,023 -27,977  34,346,768 -18,894,000 -15,504,000 -15,575,000 -12,642,000 -12,980,000 -11,572,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                         
      depreciation and amortization
    		4,459,000 4,001,000 3,863,000 3,617,000 4,810,000 1,531,000 2,872,000 3,578,000 3,684,000 7,016,000 1,621,000 1,470,000 1,628,000 1,663,000 1,616,000 1,592,000 1,608,000 1,672,000 1,648,000 1,668,000 1,571,000 -2,075,000 2,605,000 2,510,000 2,219,000 1,170,000 1,163,000 1,133,000 780,000  396,000 790,602 398  -780,811 396,000 386,000 333,000 204,000 202,000 209,000 
      non-cash lease expense
    		2,592,000 2,544,000 2,523,000 2,454,000 2,404,000 2,350,000 2,302,000 2,255,000 2,202,000                                 
      stock-based compensation
    		29,056,000 28,382,000 28,282,000 28,022,000 24,225,000 22,585,000 23,070,000 23,821,000 23,196,000 26,116,000 24,109,000 25,347,000 23,399,000 22,681,000 23,958,000 24,307,000 20,684,000 19,504,000 19,635,000 19,528,000 16,859,000 15,699,000 14,993,000 13,666,000 10,295,000 8,832,000 8,391,000 7,762,000 5,549,000  3,599,000 5,216,760 2,240  -2,584,506 1,487,000 1,102,000 1,195,000 971,000 2,174,000 840,000 
      non-cash interest expense
    		776,000 401,000 -345,000 335,000 793,000 2,252,000 3,589,000 3,662,000 4,635,000 7,410,000                                
      net (accretion of discount) amortization of premium on investments
    		-3,332,000 -5,293,000 -6,334,000 -5,645,000 -5,193,000                                     
      non-cash debt extinguishment gain
    		 0 0 -18,000 -173,658,000                                     
      equity investment gain
    		-50,039,000                                         
      other
    		-141,000 695,000 -816,000 -34,000 -827,000 -1,195,000 5,953,000 -2,914,000 -697,000 1,835,000 237,000 -263,000 813,000 702,000 1,325,000 816,000 536,000 101,000 59,000                       
      changes in assets and liabilities:
    		                                         
      accounts receivable
    		-1,397,000 -10,329,000 19,891,000 -25,068,000 -17,339,000 -1,745,000 -5,865,000 -8,156,000 -4,949,000 -3,981,000 7,681,000 1,517,000 -3,645,000 -6,768,000 7,032,000 9,206,000 -27,613,000 37,318,000 -40,965,000 1,107,000 -3,847,000 1,751,000 -1,664,000                   
      inventory
    		187,000 2,029,000 -4,065,000 -4,686,000 2,696,000 829,000 2,917,000 -8,190,000 78,000 11,731,000 -5,959,000 -4,866,000 -9,828,000 -749,000 -7,270,000 295,000 -4,837,000 -2,216,000 -1,743,000 -2,366,000 -382,000                     
      prepaid expenses and other current assets
    		-961,000 4,720,000 -619,000 -7,747,000 1,016,000 5,655,000 -4,127,000 -4,063,000 5,741,000 -1,363,000 739,000 3,274,000 -19,588,000 6,488,000 -1,040,000 1,839,000 -2,594,000 -5,354,000 1,893,000 -7,751,000 -1,408,000 3,837,000 -2,335,000 -2,917,000 -1,923,000 -137,000 3,333,000 -385,000 3,473,000  2,436,000 -2,606,028 -1,972  -1,942,290 -319,000 2,262,000 -438,000 -405,000 -275,000 -364,000 
      other assets
    		-8,876,000 -1,558,000 -595,000 -4,645,000 -4,332,000 -2,987,000 -305,000 -1,002,000 -417,000 -4,434,000 1,302,000 553,000 -13,741,000 1,056,000 987,000 -3,785,000 -44,000 -356,000 -222,000 2,084,000 -66,000 78,000 121,000 -65,000 -114,000 23,000 -681,000 -3,557,000 -27,000  -804,000 3,986 14   -28,000 11,000 3,000 -524,000   
      accounts payable
    		-6,044,000   -82,000 313,000 -2,364,000 26,000 -3,588,000 7,806,000 -3,785,000 -8,620,000 -2,927,000 9,516,000 -923,000 7,688,000 -1,080,000 -1,464,000 1,187,000 -2,780,000 -2,913,000 3,715,000 2,543,000 -4,386,000 2,309,000 982,000 -689,000 1,029,000 -303,000 -482,000  -422,000 296,929 71  -427,373 -140,000 567,000 707,000 -97,000 -736,000 1,517,000 
      accrued expenses
    		-13,552,000   20,768,000 -25,826,000 16,175,000 10,594,000 -2,008,000 -23,686,000 1,535,000 7,392,000 17,490,000 -17,049,000 18,939,000 -11,800,000 19,741,000 -20,785,000 14,641,000 6,146,000 12,003,000 -16,576,000 10,572,000 16,414,000 11,202,000 -1,208,000 5,878,000 7,331,000 12,120,000 -525,000  5,123,000 3,954,552 -1,552  -2,200,073 2,523,000 -321,000 412,000 1,088,000 571,000 -115,000 
      deferred revenue and other long-term liabilities
    		-4,500,000                                         
      operating lease liabilities
    		-3,203,000 -3,100,000 -3,034,000 -2,940,000 -2,889,000 -2,789,000 -2,682,000 -2,604,000 -2,556,000 -2,332,000 -1,974,000 -1,911,000 -1,879,000 -2,099,000 -2,011,000 -1,940,000 -1,905,000 -1,776,000 -1,752,000 -1,787,000 -1,073,000 61,000 -591,000 -596,000 -969,000                 
      net cash from operating activities
    		-54,479,000 -29,364,000 -13,637,000 -48,072,000 -101,513,000 -78,928,000 -104,483,000 -130,475,000 -122,961,000 -121,405,000 -129,890,000   -14,114,000 -95,596,000 -63,165,000 -125,778,000 -24,799,000 622,326,000 -101,164,000 -109,328,000 -44,895,000 -71,704,000 -81,228,000 -80,188,000 -67,582,000 -55,005,000 -2,859,000 -49,563,000 -34,750,000 -26,518,000 -58,565,920 -31,080 -24,507,284 -12,923,716 -17,833,000 30,751,000 -13,046,000 -12,465,000 -11,055,000 4,890,000 
      capex
    		-1,831,000 -932,000 -25,000 -2,569,000 -1,104,000 -4,673,000 -6,251,000 -2,554,000 -2,584,000 -1,481,000 -3,729,000   -1,258,000 -996,000 -662,000 -173,000 -687,000 -6,000 -941,000 -1,525,000 -3,891,000 -6,182,000 -2,170,000 -1,770,000 -425,000 -2,618,000 -3,322,000 -6,312,000 0 -4,475,000 -456,790 -210 0 1,811,664 -552,000 -1,262,000 -3,754,000 -822,000 -288,000 -19,000 
      free cash flows
    		-56,310,000 -30,296,000 -13,662,000 -50,641,000 -102,617,000 -83,601,000 -110,734,000 -133,029,000 -125,545,000 -122,886,000 -133,619,000   -15,372,000 -96,592,000 -63,827,000 -125,951,000 -25,486,000 622,320,000 -102,105,000 -110,853,000 -48,786,000 -77,886,000 -83,398,000 -81,958,000 -68,007,000 -57,623,000 -6,181,000 -55,875,000 -34,750,000 -30,993,000 -59,022,710 -31,290 -24,507,284 -11,112,052 -18,385,000 29,489,000 -16,800,000 -13,287,000 -11,343,000 4,871,000 
      cash flows from investing activities
    		                                         
      purchases of property and equipment
    		-1,831,000 -932,000 -25,000 -2,569,000 -1,104,000 -4,673,000 -6,251,000 -2,554,000 -2,584,000 -1,481,000 -3,729,000 -2,556,000 -1,153,000 -1,258,000 -996,000 -662,000 -173,000 -687,000 -6,000 -941,000 -1,525,000 -3,891,000 -6,182,000 -2,170,000 -1,770,000 -425,000 -2,618,000 -3,322,000 -6,312,000  -4,475,000 -456,790 -210  1,811,664 -552,000 -1,262,000 -3,754,000 -822,000 -288,000 -19,000 
      purchases of investments
    		-283,327,000 -209,769,000 -201,024,000 -355,473,000 -200,165,000 -117,658,000 -240,935,000 -274,895,000 -132,875,000 -231,051,000 -218,717,000 0 -39,937,000 -140,543,000 -132,262,000 -299,564,000 -83,080,000 -172,457,000 -564,832,000 -92,898,000 -139,250,000 -140,873,000 -132,225,000 -352,373,000 -112,916,000 -152,334,000 -159,617,000 -150,469,000 -338,816,000  -105,396,000 -209,873,997 -18,003  69,116,682 0 -69,222,000     
      maturities of investments
    		271,500,000 244,410,000 231,000,000 169,750,000 278,400,000 201,100,000 237,600,000 309,515,000 308,250,000 179,250,000 90,500,000   52,999,000 237,331,000 185,050,000 215,450,000 97,612,000 134,700,000 105,400,000 200,635,000 212,500,000 212,944,000 106,490,000 204,000,000 209,000,000 178,825,000 139,000,000 126,000,000  102,000,000 95,946,000 54,000  -5,973,000       
      proceeds from sale of equity investment
    		78,737,000                                         
      net cash from investing activities
    		65,079,000 33,709,000 29,951,000 -188,292,000 77,131,000 78,769,000 -9,586,000 32,066,000 172,791,000 -53,283,000 -132,235,000 77,067,000 -41,090,000 -346,954,000 104,073,000 -115,176,000 132,197,000 -75,532,000 -430,138,000 11,561,000 59,860,000 67,736,000 74,537,000 -248,053,000 89,314,000    -219,128,000    35,787 -218,621,465 64,836,465 5,448,000 -70,365,000 -3,684,000 -822,000 -288,000 -1,285,000 
      cash flows from financing activities
    		                                         
      proceeds from at-the-market offerings, net of issuance costs
    		 0 0 0 48,936,000                                     
      net proceeds from stock option exercises and employee stock purchase plan
    		13,298,000 9,759,000 18,377,000 31,211,000 18,396,000 15,607,000 431,000   2,510,000 1,924,000 2,498,000 1,264,000 17,929,000 10,922,000 14,854,000 7,011,000 25,344,000 5,035,000    4,543,000                   
      principal payments for financing arrangements
    		-4,106,000  0 -172,000 -369,000                                     
      net cash from financing activities
    		9,192,000 9,759,000 18,377,000 178,012,000 66,963,000 15,528,000 98,399,000   2,491,000 380,557,000 177,498,000 1,264,000 17,929,000 10,922,000 14,854,000 7,011,000 220,093,000 84,341,000 3,175,000 310,150,000 1,834,000 4,495,000 332,298,000 2,011,000 764,000 113,000 515,000 3,062,000 327,853,000 372,000 215,723,420 -420 132,579,053 1,319,947 -518,000 -804,000 -343,000 -520,000 154,632,000 -547,000 
      net increase in cash, cash equivalents, and restricted cash
    		19,792,000 14,104,000 34,691,000 -58,352,000 42,581,000    49,830,000 -172,197,000   -172,552,000 -343,139,000 19,399,000 -163,487,000 13,430,000 119,762,000 276,529,000 -86,428,000 260,682,000 24,675,000 7,328,000 3,017,000 11,137,000 -10,577,000 -38,302,000 -17,135,000 -265,629,000             
      cash, cash equivalents and restricted cash at beginning of period
    		113,639,000 0 0 0 81,524,000 0 0 0 124,904,000 0 0 0 215,119,000 0 0 0 689,804,000 0 0 0 119,604,000 0 0 0 73,429,000                 
      effect of exchange rate changes on cash, cash equivalents and restricted cash
    		661,000 -1,324,000 591,000 -31,000 -145,000 487,000 -541,000 59,000 197,000 478,000 -379,000 -109,000 -197,000 -506,000 -123,000 -162,000 -97,000 -347,000 14,000 -62,000 50,000 28,000 -13,000 19,000 -16,000                 
      cash, cash equivalents and restricted cash at end of period
    		134,092,000 12,780,000 35,282,000 -58,383,000 123,960,000 15,856,000 -16,211,000 -93,052,000 174,931,000 -171,719,000 118,053,000 136,200,000 42,370,000 -343,645,000 19,276,000 -163,649,000 703,137,000 119,415,000 276,543,000 -86,490,000 380,336,000 24,703,000 7,315,000 3,036,000 84,550,000                 
      supplemental cash flow information
    		                                         
      cash paid for interest
    		21,465,000 23,797,000 23,437,000 18,338,000 14,280,000 13,012,000 10,288,000 8,083,000 7,084,000 6,858,000            0 1,000 2,000 2,000 206,000 30,000 13,000 18,000  34,000 90,950 50  -179,746 85,000 95,000 105,000 111,000 116,000 120,000 
      property and equipment purchases unpaid at period end
    		698,000 319,000 66,000 -1,794,000 1,834,000 -1,365,000 -682,000   129,000 -1,634,000 793,000 1,036,000 -57,000 -24,000 -213,000 443,000 -68,000 93,000 -349,000 465,000 -2,267,000 -103,000 1,850,000 1,478,000 784,000 -1,986,000 -1,012,000 3,126,000  1,276,000 1,919,920 80         
      cash paid for taxes
    		703,000  235,000 34,000 520,000  86,000 365,000 311,000 2,487,000 3,247,000 602,000 169,000 20,000 76,000 24,000 574,000 710,000 21,000 15,000 32,000 55,000 33,000                   
      non-cash customer consideration
    		         0                                
      unbilled accounts receivable
    		     42,000 2,728,000 392,000 9,899,000 -13,086,000 -309,000 1,556,000 8,035,000 -553,000 2,445,000 -4,567,000 9,013,000 -1,326,000 3,990,000 -280,000 2,152,000 -20,180,000 1,946,000        -360,000 501,249 751  -63,041 881,000 -818,000 -944,000 -547,000 -1,439,000 -484,000 
      other long term liabilities
    		                                         
      deferred revenue
    		 -2,970,000 -63,000 -534,000 3,158,000 -2,407,000 -317,000 1,136,000 -11,099,000 15,139,000 -5,514,000 -1,187,000 -13,251,000 1,179,000 -2,881,000 -2,695,000 -185,000 -4,249,000 702,000 -793,000 -575,000 4,742,000 -3,139,000 -966,000 -731,000 -1,033,000 -1,095,000 8,561,000 -954,000  -4,633,000 -5,826,985 -3,015  -39,374,293 -3,715,000 43,127,000 -1,220,000 -957,000 986,000 14,832,000 
      net proceeds from term loan facility
    		 0 0   -35,000    -11,000                                
      net proceeds from the sale of future royalties and revenues
    		         -8,000                                
      principle payments for financing arrangements
    		                                         
      cash paid (refunds received) for taxes
    		                                         
      accrued expenses and accounts payable
    		                                         
      other long-term liabilities
    		  -4,325,000    3,000 0 -7,238,000  -427,000 -669,000 6,826,000                             
      acquired in-process research and development
    		                                         
      purchase of in-process research and development asset, net of cash acquired
    		                                         
      net decrease in cash, cash equivalents, and restricted cash
    		                                         
      net (accretion of discount) amortization of premium on marketable securities
    		                                         
      gross proceeds from the sale of future royalties
    		                                         
      debt issuance costs incurred but unpaid at period end
    		                                         
      noncash lease expense
    		           2,070,000 2,037,000 1,638,000 1,595,000 1,551,000 1,522,000 1,502,000 1,466,000 1,432,000 1,391,000                     
      accretion of premiums and discounts on investments
    		                 221,000 271,000 108,000 -134,000 -583,000 -1,393,000 -1,641,000 -1,332,000 -1,447,000 -1,259,000 -983,000 -692,000  -110,000 75,914 86  -109,796 75,000 35,000     
      proceeds from common stock offerings, net of issuance costs
    		                                         
      proceeds from issuance of common stock related to collaboration agreement
    		                                         
      net cash provided used in operating activities
    		            -132,726,000                             
      other financing activities
    		                     0 -44,000 -44,000 -28,000                 
      proceeds from public offerings of common stock, net of issuance cost
    		                  0                       
      issuance of common stock related to collaboration agreement
    		                                         
      payment of offering costs
    		                         0 0 -117,000 -164,000  -207,000 -715,511 -489     0 -81,000 -1,819,000 -146,000 
      public offering costs incurred but unpaid at period end
    		                  1,000 -113,000 118,000  -3,000      166,000  -206,000 305,484 516       -777,000 805,000 
      deferred rent
    		                         -186,000 -151,000 -163,000 -140,000  5,952,000 369,135 -135  236,645 -119,000 -118,000 2,456,000   -40,000 
      principal payments on loan payable
    		                         -278,000 -417,000 -416,000 -417,000  -583,000 -1,416,167 -833  1,664,500 -834,000 -833,000 -556,000 -417,000 -416,000 -417,000 
      proceeds from common stock offerings, net of issurance costs
    		                                         
      proceeds from public offerings of common stock, net of commissions, underwriting discounts and offering costs
    		                    308,541,000                     
      proceeds from issuance of common stock
    		                    1,609,000    2,039,000                19,000 
      proceeds from public offerings of common stock, net of commissions and underwriting discounts
    		                                         
      proceeds from public offering of common stock, net of issuance cost
    		                      -284,000                   
      principal payments on capital lease obligations
    		                         -42,000 -81,000               
      operating activities
    		                                         
      investing activities
    		                                         
      net cash from by investing activities
    		                          16,590,000               
      financing activities
    		                                         
      proceeds from public offering of common stock, net of commissions and underwriting discounts
    		                              0           
      proceeds from issuance of common stock, net of repurchases
    		                          611,000 1,087,000 3,643,000  1,162,000 1,655,098 902  -344,553 316,000 29,000 213,000 -22,000   
      cash, cash equivalents, and restricted cash at beginning of period
    		                          0 0 405,072,000             
      cash, cash equivalents, and restricted cash at end of period
    		                          -38,302,000 -17,135,000 139,443,000             
      noncash interest expense
    		                           4,000 4,000  8,000 18,989 11  -41,941 20,000 22,000 25,000 26,000 29,000 29,000 
      net increase in cash and cash equivalents
    		                             342,975,000 -34,017,000 39,272,713 4,287 -110,549,696 53,232,696 -12,903,000 -40,418,000 -17,073,000 -13,807,000 143,289,000 3,058,000 
      restricted cash
    		                              0    -118,881 0 119,000 70,000 0 0 -1,266,000 
      net cash (used in) investing activities
    		                              -7,871,000           
      cash and cash equivalents at beginning of period
    		                              0 52,016,931 52,069  -162,544,293 0 162,707,000 0 0 0 47,240,000 
      cash and cash equivalents at end of period
    		                              -34,017,000 91,289,644 56,356  -109,311,597 -12,903,000 122,289,000 -17,073,000 -13,807,000 143,289,000 50,298,000 
      change in fair value of warrant liability
    		                                     0 0 407,000 38,000 
      proceeds from ipo, net of commissions and underwriting discounts
    		                                     0 0   
      property and equipment purchases incurred but unpaid at period end
    		                                  -115,985 -128,000 244,000 -1,564,000 2,793,000   
      conversion of convertible preferred stock into common stock
    		                                     0 0   
      reclassification of warrant liability to additional paid-in-capital
    		                                     0 0   
      proceeds from issuance of series c convertible preferred stock, net of issuance costs
    		                                         
      proceeds from term loan
    		                                         
      proceeds from issuance of series a convertible preferred stock, net of issuance costs
    		                                         
      proceeds from issuance of series b convertible preferred stock, net of issuance costs
    		                                         
      debt issuance costs
    		                                         
      issuance of warrants in connection with term loan
    		                                         
      adjustments to reconcile net income to net cash from in operating activities:
    		                                         
      series c convertible preferred stock issuance costs
    		                                         
    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.