CymaBay Therapeutics, Inc(NASDAQ:CBAY)

CymaBay Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on developing and providing therapies to treat liver and other chronic diseases. Its lead product candidate is seladelpar (MBX-8025), a selective agonist of peroxisome proliferator activated receptor delta, which has com...
Website: http://www.cymabay.com
Founded: 1988
Full Time Employees: 36
Sector: Healthcare
Industry: Biotechnology
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At a glance:
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Quarterly
Annual
| Unit: USD | 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 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
collaboration revenue | 57,000 | 31,016,000 | 5,207,000 | 4,793,000 | ||||||||||||||||||||||||||||||||||||||
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||
research and development | 22,749,000 | 19,962,000 | 19,537,000 | 18,551,000 | 16,230,000 | 15,459,000 | 17,891,000 | 18,415,000 | 18,405,000 | 17,010,000 | 16,745,000 | 12,382,000 | -25,158,118 | 7,743,000 | 7,942,000 | 9,509,000 | -62,816,163 | 23,193,000 | 21,119,000 | 18,588,000 | 16,397,000 | 17,853,000 | 14,397,000 | 9,477,000 | 6,669,000 | 4,184,000 | 4,044,000 | 4,041,000 | 3,848,000 | 3,534,000 | 4,131,000 | 4,428,000 | 4,051,000 | 4,528,000 | 4,260,000 | 4,187,000 | 5,277,000 | 3,848,000 | 4,083,000 | 2,615,000 | 1,363,000 | 703,000 |
general and administrative | 19,806,000 | 12,245,000 | 11,578,000 | 8,324,000 | 7,247,000 | 5,904,000 | 5,878,000 | 6,087,000 | 6,104,000 | 5,179,000 | 6,521,000 | 5,236,000 | -12,221,575 | 4,494,000 | 3,398,000 | 4,347,000 | -14,686,762 | 4,514,000 | 4,529,000 | 5,663,000 | 4,158,000 | 3,276,000 | 3,574,000 | 3,373,000 | 2,894,000 | 2,210,000 | 3,582,000 | 3,701,000 | 2,839,000 | 2,130,000 | 2,215,000 | 2,461,000 | 1,796,000 | 2,201,000 | 2,285,000 | 2,589,000 | 2,332,000 | 1,687,000 | 1,666,000 | 2,500,000 | 2,091,000 | 683,000 |
total operating expenses | 42,555,000 | 32,207,000 | 31,115,000 | 26,875,000 | 23,477,000 | 21,363,000 | 23,769,000 | 24,502,000 | 24,509,000 | 22,189,000 | 23,266,000 | 17,618,000 | -36,676,398 | 11,650,000 | 11,152,000 | 13,927,000 | -77,497,850 | 27,707,000 | 25,648,000 | 24,251,000 | 20,555,000 | 21,129,000 | 17,971,000 | 12,850,000 | 9,563,000 | 6,394,000 | 7,626,000 | 7,742,000 | 6,687,000 | 5,664,000 | 6,346,000 | 6,889,000 | 5,847,000 | 6,729,000 | 6,545,000 | 6,776,000 | 7,609,000 | 5,535,000 | 5,749,000 | 5,115,000 | 3,454,000 | 1,386,000 |
income from operations | -42,498,000 | -32,207,000 | -99,000 | -26,875,000 | -23,477,000 | -21,363,000 | -23,769,000 | -24,502,000 | -24,509,000 | -22,189,000 | -23,266,000 | -17,618,000 | 36,676,398 | -11,650,000 | -11,152,000 | -13,927,000 | 77,497,850 | -27,707,000 | -25,648,000 | -24,251,000 | -20,555,000 | -21,129,000 | -17,971,000 | -12,850,000 | -4,356,000 | -6,394,000 | -7,626,000 | -2,949,000 | -6,687,000 | -5,664,000 | -6,346,000 | -6,889,000 | -5,847,000 | -6,729,000 | -6,545,000 | -6,776,000 | -7,609,000 | -5,535,000 | -5,749,000 | -5,115,000 | -3,454,000 | -1,386,000 |
yoy | 81.02% | 50.76% | -99.58% | 9.68% | -4.21% | -3.72% | 2.16% | 39.07% | -166.82% | 90.46% | 108.63% | 26.50% | -52.67% | -57.95% | -56.52% | -42.57% | -477.03% | 31.13% | 42.72% | 88.72% | 371.88% | 230.45% | 135.65% | 335.74% | -34.86% | 12.89% | 20.17% | -57.19% | 14.37% | -15.83% | -3.04% | 1.67% | -23.16% | 21.57% | 13.85% | 32.47% | 120.30% | 299.35% | ||||
qoq | 31.95% | 32432.32% | -99.63% | 14.47% | 9.90% | -10.12% | -2.99% | -0.03% | 10.46% | -4.63% | 32.06% | -148.04% | -414.82% | 4.47% | -19.93% | -117.97% | -379.70% | 8.03% | 5.76% | 17.98% | -2.72% | 17.57% | 39.85% | 195.00% | -31.87% | -16.16% | 158.60% | -55.90% | 18.06% | -10.75% | -7.88% | 17.82% | -13.11% | 2.81% | -3.41% | -10.95% | 37.47% | -3.72% | 12.39% | 48.09% | 149.21% | |
other income, net: | ||||||||||||||||||||||||||||||||||||||||||
interest income | 5,680,000 | 3,170,000 | 2,627,000 | 2,013,000 | 919,000 | 677,000 | 321,000 | 98,000 | 27,000 | 29,000 | 44,000 | 67,000 | -1,492,384 | 229,000 | 426,000 | 839,000 | -4,205,658 | 1,425,000 | 1,610,000 | 1,176,000 | 1,106,000 | 1,113,000 | 1,061,000 | 708,000 | 324,000 | 216,000 | 44,000 | 37,000 | 30,000 | 45,000 | 48,000 | 53,000 | 61,000 | 46,000 | 26,000 | 27,000 | 26,000 | 19,000 | 17,000 | 12,000 | 9,000 | |
interest expense | -5,081,000 | -4,843,000 | -4,618,000 | -4,403,000 | -4,075,000 | -3,819,000 | -3,648,000 | -3,365,000 | -2,061,000 | -522,000 | -128,000 | -208,000 | -234,000 | -258,000 | -283,000 | -305,000 | -328,000 | -341,000 | -336,000 | -332,000 | -329,000 | -265,000 | -165,000 | -154,000 | -190,000 | -191,000 | -189,000 | -184,000 | -182,000 | -219,000 | ||||||||||||
other income | -3,000 | -2,000 | 1,282,000 | 487,000 | 2,000 | 1,453,000 | -86,000 | -4,655,000 | -777,000 | -1,798,000 | -1,064,000 | -2,134,000 | 33,000 | 81,000 | -358,000 | 320,000 | 136,000 | 1,083,000 | 5,327,000 | 4,575,000 | -4,949,000 | -254,000 | 2,749,000 | -4,775,000 | -287,000 | 298,000 | ||||||||||||||||
total other income | 596,000 | -1,675,000 | -709,000 | -1,903,000 | -2,433,500 | -3,142,000 | -3,325,000 | -3,267,000 | -2,034,000 | -493,000 | -1,492,384 | 229,000 | 426,000 | 839,000 | -4,205,658 | 1,425,000 | 1,610,000 | 1,176,000 | 1,106,000 | 2,566,000 | ||||||||||||||||||||||
net income | -41,902,000 | -33,882,000 | -808,000 | -28,778,000 | -26,633,000 | -24,505,000 | -27,094,000 | -27,769,000 | -26,543,000 | -22,682,000 | -23,222,000 | -17,551,000 | 35,184,014 | -11,421,000 | -10,726,000 | -13,088,000 | 73,292,192 | -26,282,000 | -24,038,000 | -23,075,000 | -19,449,000 | -18,563,000 | -17,531,000 | -17,005,000 | -5,043,000 | -8,234,000 | -8,929,000 | -5,351,000 | -6,952,000 | -5,879,000 | -6,992,000 | -6,848,000 | -5,979,000 | -5,865,000 | -1,357,000 | -2,328,000 | -12,722,000 | -5,961,000 | -3,172,000 | -10,062,000 | -3,914,000 | -1,307,000 |
yoy | 57.33% | 38.27% | -97.02% | 3.63% | 0.34% | 8.04% | 16.67% | 58.22% | -175.44% | 98.60% | 116.50% | 34.10% | -51.99% | -56.54% | -55.38% | -43.28% | -476.84% | 41.58% | 37.12% | 35.70% | 285.66% | 125.44% | 96.34% | 217.79% | -27.46% | 40.06% | 27.70% | -21.86% | 16.27% | 0.24% | 415.25% | 194.16% | -53.00% | -1.61% | -57.22% | -76.86% | 225.04% | 356.08% | ||||
qoq | 23.67% | 4093.32% | -97.19% | 8.05% | 8.68% | -9.56% | -2.43% | 4.62% | 17.02% | -2.33% | 32.31% | -149.88% | -408.06% | 6.48% | -18.05% | -117.86% | -378.87% | 9.34% | 4.17% | 18.64% | 4.77% | 5.89% | 3.09% | 237.20% | -38.75% | -7.78% | 66.87% | -23.03% | 18.25% | -15.92% | 2.10% | 14.53% | 1.94% | 332.20% | -41.71% | -81.70% | 113.42% | 87.93% | -68.48% | 157.08% | 199.46% | |
other comprehensive income: | -3,000 | -12,000 | 1,000 | -1,000 | ||||||||||||||||||||||||||||||||||||||
unrealized gain on marketable securities, net of tax | 206,000 | 62,000 | -54,000 | 256,000 | -3,000 | -12,000 | 1,000 | -1,000 | 4,750 | 3,000 | -4,000 | |||||||||||||||||||||||||||||||
total other comprehensive income | 206,000 | 62,000 | -54,000 | -2,250 | -2,000 | 7,000 | -2,072 | -104,000 | 316,000 | -210,000 | 58,750 | -51,000 | 183,000 | 103,000 | 3,250 | 36,000 | ||||||||||||||||||||||||||
comprehensive loss | -41,696,000 | -33,820,000 | -862,000 | -28,522,000 | -26,385,000 | -24,638,000 | -27,316,000 | -27,975,000 | -26,555,000 | -22,684,000 | -23,215,000 | -17,565,000 | 35,181,942 | -11,525,000 | -10,410,000 | -13,298,000 | 73,057,330 | -26,333,000 | -23,855,000 | -22,972,000 | -19,476,000 | -18,527,000 | -17,466,000 | -17,093,000 | -5,074,000 | -8,246,000 | -8,928,000 | -5,352,000 | -6,951,000 | -5,876,000 | -6,996,000 | -6,828,000 | -5,992,000 | -5,860,000 | -1,363,000 | -2,321,000 | -12,721,000 | -5,976,000 | -3,174,000 | -10,061,000 | 5,377,000 | -4,343,000 |
basic and diluted net income per common share | -370 | -320 | -10 | -290 | -310 | -280 | -310 | -320 | -350 | -330 | -340 | -250 | 509.26 | -170 | -1,020 | |||||||||||||||||||||||||||
weighted-average common shares outstanding used to calculate basic and diluted net income per common share | 106,204,273,000 | 105,717,996,000 | 102,150,390,000 | 97,971,081,000 | 87,804,063,000 | 87,804,272,000 | 87,802,939,000 | 87,802,939,000 | 71,055,331,000 | 69,022,937,000 | 68,985,461,000 | 68,946,092,000 | 68,893,127 | 68,887,092,000 | 9,873,687,000 | |||||||||||||||||||||||||||
other comprehensive loss: | -88,000 | |||||||||||||||||||||||||||||||||||||||||
total other comprehensive loss | 256,000 | 248,000 | -133,000 | -206,000 | -14,000 | |||||||||||||||||||||||||||||||||||||
unrealized loss on marketable securities | -140,250 | -133,000 | -206,000 | -14,000 | -88,000 | -4,250 | -15,000 | |||||||||||||||||||||||||||||||||||
unrealized gain on marketable securities | -222,000 | -2,250 | -2,000 | 7,000 | -2,072 | -104,000 | 316,000 | -210,000 | -234,862 | -51,000 | 183,000 | 103,000 | -27,000 | 36,000 | 65,000 | 20,000 | 1,500 | 5,000 | -6,000 | 7,000 | -2,000 | 1,000 | ||||||||||||||||||||
total other comprehensive gain | -222,000 | |||||||||||||||||||||||||||||||||||||||||
restructuring charges | -176,000 | -587,000 | -188,000 | 71,000 | ||||||||||||||||||||||||||||||||||||||
other income: | ||||||||||||||||||||||||||||||||||||||||||
basic net income per common share | -160 | -190 | 1,098.47 | -380 | -350 | -370 | -320 | -310 | -300 | -320 | -80 | -210 | -310 | -200 | -300 | -250 | -300 | -290 | -270 | -270 | -90 | -150 | -930 | -440 | -320 | 536,850 | 422,950 | |||||||||||||||
diluted net income per common share | -160 | -190 | 1,098.47 | -380 | -350 | -370 | -330 | -340 | -300 | -320 | -80 | -210 | -310 | -200 | -300 | -250 | -300 | -290 | -250 | -270 | -90 | -440 | -930 | -440 | -560 | 5,400 | -1,790 | |||||||||||||||
weighted-average common shares outstanding used to calculate basic net income per common share | 68,885,108,000 | 68,882,459,000 | 67,033,046 | 68,701,043,000 | 68,697,735,000 | 61,890,632,000 | 57,808,254,000 | 59,121,600,000 | 58,833,647,000 | 53,752,753,000 | 34,903,960,000 | 40,035,690,000 | 28,752,451,000 | 26,609,931,000 | 23,447,003,000 | 23,447,003,000 | 23,447,003,000 | 23,447,003,000 | 18,900,473,000 | 21,674,742,000 | 15,258,363,000 | 15,099,567,000 | 12,048,985,000 | 13,468,081,000 | 10,064,819,000 | 101,358,000 | ||||||||||||||||
weighted-average common shares outstanding used to calculate diluted net income per common share | 68,885,108,000 | 68,882,459,000 | 67,033,046 | 68,701,043,000 | 68,697,735,000 | 61,890,632,000 | 57,838,299,000 | 59,387,780,000 | 58,905,898,000 | 53,752,753,000 | 34,903,960,000 | 40,035,690,000 | 28,752,451,000 | 26,609,931,000 | 23,447,003,000 | 23,447,003,000 | 23,447,003,000 | 23,447,003,000 | 18,917,213,000 | 21,674,742,000 | 15,258,363,000 | 15,743,167,000 | 12,048,985,000 | 13,468,081,000 | 10,487,393,000 | 2,845,609,000 | 731,970,000 | |||||||||||||||
loss on extinguishment of debt | -407,000 | |||||||||||||||||||||||||||||||||||||||||
other comprehensive income | 65,000 | 1,000 | 3,000 | -4,000 | 20,000 | 1,500 | 5,000 | -6,000 | 7,000 | -2,000 | 1,000 | |||||||||||||||||||||||||||||||
net income attributable to common stockholders | -12,722,000 | -5,961,000 | -3,172,000 | -10,062,000 | ||||||||||||||||||||||||||||||||||||||
other comprehensive loss | 1,000 | -15,000 | ||||||||||||||||||||||||||||||||||||||||
accretion to redemption value of redeemable convertible preferred stock | -2,322,250 | -3,036,000 | ||||||||||||||||||||||||||||||||||||||||
other comprehensive loss/income: | ||||||||||||||||||||||||||||||||||||||||||
contract revenue | ||||||||||||||||||||||||||||||||||||||||||
net income attributable to stockholders | -3,862,000 | -4,343,000 | ||||||||||||||||||||||||||||||||||||||||
unrealized losses on marketable securities |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 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 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 |
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assets | ||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 206,535,000 | 273,721,000 | 35,482,000 | 59,150,000 | 20,291,000 | 30,691,000 | 52,753,000 | 73,995,000 | 125,806,000 | 68,963 | 32,897,000 | 43,326,000 | 28,193 | 47,273,000 | 96,051,000 | 56,794,000 | 24,869 | 43,462,000 | 28,081,000 | 125,574,000 | 48,995,000 | 41,795,000 | 44,726,000 | 65,581,000 | 23,054,000 | 23,009,000 | 9,509,000 | 13,673,000 | 10,495,000 | 6,821,000 | 12,411,000 | 21,197,000 | 7,706,000 | 6,691,000 | 11,702,000 | 10,841,000 | 11,586,000 | 16,356,000 | 8,002,000 | 22,342,000 | 24,401,000 | 32,080,000 |
marketable securities | 187,720,000 | 165,057,000 | 178,362,000 | 177,215,000 | 115,194,000 | 122,724,000 | 111,130,000 | 114,564,000 | 60,729,000 | 44,825 | 73,237,000 | 82,132,000 | 118,130 | 113,991,000 | 72,856,000 | 119,438,000 | 166,076 | 175,132,000 | 213,126,000 | 139,182,000 | 129,669,000 | 156,350,000 | 167,353,000 | 163,955,000 | 74,156,000 | 79,160,000 | 7,217,000 | 9,723,000 | 6,499,000 | 16,313,000 | 16,705,000 | 14,057,000 | 33,774,000 | 40,162,000 | 15,329,000 | 21,950,000 | 23,209,000 | 26,270,000 | 15,624,000 | 6,191,000 | 6,843,000 | |
prepaid expenses and other current assets | 9,547,000 | 8,881,000 | 10,227,000 | 6,355,000 | 2,588,000 | |||||||||||||||||||||||||||||||||||||
total current assets | 403,802,000 | 447,659,000 | 224,071,000 | 242,720,000 | 138,073,000 | 155,124,000 | 166,611,000 | 192,046,000 | 191,099,000 | 119,576 | 113,813,000 | 133,273,000 | 151,585 | 166,129,000 | 174,102,000 | 185,949,000 | 202,923 | 227,771,000 | 249,813,000 | 270,064,000 | 181,562,000 | 202,255,000 | 216,715,000 | 231,176,000 | 103,544,000 | 103,659,000 | 17,869,000 | 24,557,000 | 18,528,000 | 24,480,000 | 30,164,000 | 36,490,000 | 42,794,000 | 48,573,000 | 28,303,000 | 34,492,000 | 37,229,000 | 44,399,000 | 25,432,000 | 30,933,000 | 32,239,000 | 32,113,000 |
non-current marketable securities | 21,932,000 | 6,874,000 | 4,885,000 | 8,067,000 | ||||||||||||||||||||||||||||||||||||||
property and equipment | 465,000 | 453,000 | 626,000 | 729,000 | 701,000 | 845,000 | 993,000 | 1,024,000 | 1,178,000 | 1,341 | 1,511,000 | 1,690,000 | 1,761 | 1,929,000 | 2,075,000 | 2,242,000 | 2,409 | 2,549,000 | 2,693,000 | 2,794,000 | 2,905,000 | 90,000 | 90,000 | 103,000 | 69,000 | 51,000 | 59,000 | 68,000 | 77,000 | 85,000 | 90,000 | 59,000 | 64,000 | 69,000 | 75,000 | 80,000 | 86,000 | 91,000 | 87,000 | 60,000 | 3,000 | 9,000 |
right-of-use assets | 5,260,000 | |||||||||||||||||||||||||||||||||||||||||
other assets | 3,227,000 | 2,879,000 | 1,854,000 | 1,733,000 | 2,909,000 | 3,081,000 | 3,026,000 | 2,448,000 | 1,720,000 | 1,721 | 1,447,000 | 1,446,000 | 207 | 160,000 | 160,000 | 160,000 | 160 | 1,261,000 | 730,000 | 1,122,000 | 2,280,000 | 1,363,000 | 1,363,000 | 980,000 | 634,000 | 634,000 | 804,000 | 754,000 | 754,000 | 221,000 | 221,000 | 221,000 | 221,000 | 221,000 | 292,000 | 158,000 | 159,000 | 159,000 | 514,000 | 203,000 | 258,000 | 42,000 |
total assets | 434,686,000 | 451,048,000 | 226,650,000 | 245,319,000 | 141,852,000 | 159,247,000 | 177,724,000 | 200,642,000 | 202,318,000 | 122,902 | 117,041,000 | 136,682,000 | 153,825 | 168,486,000 | 176,597,000 | 188,600,000 | 205,727 | 231,800,000 | 253,435,000 | 274,157,000 | 186,747,000 | 203,708,000 | 218,168,000 | 232,259,000 | 104,247,000 | 104,344,000 | 18,732,000 | 25,379,000 | 19,359,000 | 24,786,000 | 30,475,000 | 36,770,000 | 43,079,000 | 48,863,000 | 28,670,000 | 34,730,000 | 37,474,000 | 44,649,000 | 26,033,000 | 31,196,000 | 32,500,000 | 32,164,000 |
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||
accounts payable | 3,828,000 | 2,731,000 | 4,589,000 | 1,633,000 | 1,096,000 | 479,000 | 866,000 | 199,000 | 2,728,000 | 764 | 1,050,000 | 1,606,000 | 231 | 947,000 | 476,000 | 1,213,000 | 2,503 | 1,494,000 | 2,882,000 | 2,410,000 | 1,973,000 | 1,629,000 | 1,336,000 | 2,038,000 | 1,311,000 | 1,235,000 | 1,101,000 | 1,096,000 | 899,000 | 935,000 | 1,272,000 | 1,777,000 | 1,008,000 | 707,000 | 1,721,000 | 1,527,000 | 2,085,000 | 1,047,000 | 1,262,000 | 1,069,000 | 697,000 | 1,039,000 |
accrued research and development expenses | 5,633,000 | 5,835,000 | 4,838,000 | 5,565,000 | 6,530,000 | 6,622,000 | 7,028,000 | 9,659,000 | 9,752,000 | 6,451 | 4,126,000 | 3,294,000 | 4,698 | 5,729,000 | 5,437,000 | 7,351,000 | 9,218 | 10,819,000 | ||||||||||||||||||||||||
development financing liability - current portion | 10,000,000 | |||||||||||||||||||||||||||||||||||||||||
deferred collaboration revenue - current portion | 1,689,000 | |||||||||||||||||||||||||||||||||||||||||
other accrued liabilities | 15,693,000 | 9,468,000 | 6,835,000 | 5,569,000 | 7,815,000 | 5,610,000 | 4,666,000 | 4,181,000 | 5,886,000 | 4,526 | 3,783,000 | 3,009,000 | 4,910 | 3,693,000 | 2,686,000 | 1,641,000 | 2,722 | 5,045,000 | 3,266,000 | 2,782,000 | 3,854,000 | 2,437,000 | 2,071,000 | |||||||||||||||||||
total current liabilities | 36,843,000 | 19,666,000 | 17,894,000 | 46,500,000 | 15,441,000 | 12,711,000 | 12,560,000 | 14,039,000 | 18,366,000 | 11,741 | 8,959,000 | 7,909,000 | 9,857 | 10,462,000 | 9,478,000 | 11,922,000 | 17,636 | 17,358,000 | 15,422,000 | 14,473,000 | 14,415,000 | 13,640,000 | 16,916,000 | 17,918,000 | 16,310,000 | 14,028,000 | 11,988,000 | 10,780,000 | 9,311,000 | 7,751,000 | 7,542,000 | 6,747,000 | 6,146,000 | 6,153,000 | 8,545,000 | 13,664,000 | 20,459,000 | 15,032,000 | 13,757,000 | 15,521,000 | 9,488,000 | 2,243,000 |
development financing liability - non-current portion | 99,172,000 | |||||||||||||||||||||||||||||||||||||||||
deferred collaboration revenue - non-current portion | 1,100,000 | |||||||||||||||||||||||||||||||||||||||||
lease liabilities - non-current portion | 5,315,000 | |||||||||||||||||||||||||||||||||||||||||
total liabilities | 142,430,000 | 124,857,000 | 118,242,000 | 141,130,000 | 105,698,000 | 99,069,000 | 95,267,000 | 93,261,000 | 69,381,000 | 35,844 | 9,947,000 | 9,036,000 | 11,119 | 11,851,000 | 10,989,000 | 13,552,000 | 19,379 | 19,209,000 | 17,376,000 | 16,526,000 | 16,329,000 | 15,577,000 | 18,955,000 | 20,060,000 | 19,300,000 | 17,840,000 | 16,593,000 | 16,152,000 | 15,422,000 | 14,574,000 | 15,054,000 | 14,924,000 | 14,964,000 | 15,369,000 | 10,990,000 | 16,462,000 | 23,624,000 | 18,518,000 | 17,556,000 | 19,820,000 | 13,904,000 | 12,058,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value: 10,000,000 shares authorized; no shares issued and outstanding | ||||||||||||||||||||||||||||||||||||||||||
common stock | 11,000 | 18,000 | 17,000 | 17,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 7 | 7,000 | 7,000 | 7 | 7,000 | 7,000 | 7,000 | 7 | 7,000 | 7,000 | 7,000 | 6,000 | 6,000 | 6,000 | 6,000 | 4,000 | 4,000 | 3,000 | 3,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
additional paid-in capital | 1,270,328,000 | 1,262,560,000 | 1,010,958,000 | 1,005,877,000 | 909,329,000 | 906,968,000 | 904,609,000 | 902,217,000 | 899,798,000 | 827,365 | 824,717,000 | 822,054,000 | 819,549 | 817,653,000 | 815,101,000 | 814,131,000 | 812,133 | 808,866,000 | 806,001,000 | 803,718,000 | 693,534,000 | 691,771,000 | 684,326,000 | 679,846,000 | 535,503,000 | 531,986,000 | 439,376,000 | 437,536,000 | 426,895,000 | 426,219,000 | 425,552,000 | 424,981,000 | 424,422,000 | 423,809,000 | 402,136,000 | 401,361,000 | 394,622,000 | 394,182,000 | 370,552,000 | 370,276,000 | 367,435,000 | 365,033,000 |
accumulated other comprehensive income | 144,000 | -13,000 | -1 | 1,000 | -6,000 | 8 | 82,000 | 186,000 | -130,000 | 80 | 177,000 | 228,000 | 45,000 | -14,000 | -15,000 | 3,000 | 2,000 | |||||||||||||||||||||||||
accumulated deficit | -978,227,000 | -936,325,000 | -902,443,000 | -901,635,000 | -872,857,000 | -846,224,000 | -821,719,000 | -794,625,000 | -766,856,000 | -740,313 | -717,631,000 | -694,409,000 | -676,858 | -661,107,000 | -649,686,000 | -638,960,000 | -625,872 | -596,459,000 | -570,177,000 | -546,139,000 | -523,064,000 | -503,615,000 | -485,052,000 | -467,521,000 | -450,516,000 | -445,473,000 | -437,239,000 | -428,310,000 | -422,959,000 | -416,007,000 | -410,128,000 | -403,136,000 | -396,288,000 | -390,309,000 | -384,444,000 | -383,087,000 | -380,759,000 | -368,037,000 | -362,076,000 | -358,904,000 | -348,842,000 | -344,928,000 |
total stockholders’ equity | 292,256,000 | 326,191,000 | 108,408,000 | 104,189,000 | 36,154,000 | 60,178,000 | 82,457,000 | 107,381,000 | 132,937,000 | 87,058 | 107,094,000 | 127,646,000 | 142,706 | 156,635,000 | 165,608,000 | 175,048,000 | 186,348 | 212,591,000 | 236,059,000 | 257,631,000 | 170,418,000 | 188,131,000 | 199,213,000 | 212,199,000 | 84,947,000 | 86,504,000 | 2,139,000 | 9,227,000 | 3,937,000 | 10,212,000 | 15,421,000 | 21,846,000 | 28,115,000 | 33,494,000 | 17,680,000 | 18,268,000 | 13,850,000 | 26,131,000 | 8,477,000 | 11,376,000 | 18,596,000 | 20,106,000 |
total liabilities and stockholders’ equity | 434,686,000 | 451,048,000 | 226,650,000 | 245,319,000 | 141,852,000 | 159,247,000 | 177,724,000 | 200,642,000 | 202,318,000 | 122,902 | 117,041,000 | 136,682,000 | 153,825 | 168,486,000 | 176,597,000 | 188,600,000 | 205,727 | 231,800,000 | 253,435,000 | 274,157,000 | 186,747,000 | 203,708,000 | 218,168,000 | 232,259,000 | 104,247,000 | 104,344,000 | 18,732,000 | 25,379,000 | 19,359,000 | 24,786,000 | 30,475,000 | 36,770,000 | 43,079,000 | 48,863,000 | 28,670,000 | 34,730,000 | 37,474,000 | 44,649,000 | 26,033,000 | 31,196,000 | ||
operating lease right-of-use asset | 57,000 | 99,000 | 137,000 | 169,000 | 197,000 | 220,000 | 239,000 | 254,000 | 264 | 270,000 | 273,000 | 272 | 268,000 | 260,000 | 249,000 | 219,000 | 199,000 | 177,000 | ||||||||||||||||||||||||
deferred collaboration revenue—current portion | 1,632,000 | 1,632,000 | ||||||||||||||||||||||||||||||||||||||||
development financing liability | 104,091,000 | 99,248,000 | 94,630,000 | 90,227,000 | 86,152,000 | 82,333,000 | 78,685,000 | 50,320,000 | 23,259 | |||||||||||||||||||||||||||||||||
deferred collaboration revenue—non-current portion | 1,100,000 | 1,100,000 | ||||||||||||||||||||||||||||||||||||||||
long-term portion of operating lease liability | 30,000 | 206,000 | 374,000 | 537,000 | 695,000 | 844 | 988,000 | 1,127,000 | 1,262 | 1,389,000 | 1,511,000 | 1,630,000 | 1,743 | 1,851,000 | 1,954,000 | 2,053,000 | ||||||||||||||||||||||||||
accumulated other comprehensive loss | -62,000 | -124,000 | -70,000 | -326,000 | -574,000 | -441,000 | -219,000 | -58,000 | -31,000 | -67,000 | -132,000 | -44,000 | -13,000 | -1,000 | -2,000 | -1,000 | -2,000 | -5,000 | -1,000 | -21,000 | -8,000 | -13,000 | -7,000 | |||||||||||||||||||
deferred collaboration revenue | 33,733,000 | |||||||||||||||||||||||||||||||||||||||||
prepaid research and development expenses | 668,000 | 1,103,000 | 1,384,000 | 2,371,000 | 5,071 | 6,060,000 | 5,631,000 | 2,221 | 3,761,000 | 4,012,000 | 7,922,000 | 9,910 | 7,900,000 | |||||||||||||||||||||||||||||
other prepaid expenses and current assets | 1,041,000 | 1,625,000 | 2,103,000 | 2,193,000 | 648 | 1,392,000 | 1,919,000 | 2,764 | 820,000 | 974,000 | ||||||||||||||||||||||||||||||||
accrued interest receivable | 69 | 227,000 | 265,000 | 277 | 284,000 | 209,000 | 377,000 | 687 | 509,000 | 725,000 | 481,000 | 217,000 | 405,000 | 22,000 | 19,000 | 96,000 | 186,000 | 209,000 | 83,000 | 199,000 | 136,000 | 223,000 | 134,000 | 90,000 | 68,000 | |||||||||||||||||
accrued restructuring | 18 | 93,000 | 879,000 | 1,717,000 | 3,193 | |||||||||||||||||||||||||||||||||||||
other prepaid expenses | 1,418,000 | 1,381 | 768,000 | |||||||||||||||||||||||||||||||||||||||
operating lease right-of-use assets | 235 | |||||||||||||||||||||||||||||||||||||||||
other liabilities | 13,000 | 14,000 | 18,000 | 16,000 | 9,000 | |||||||||||||||||||||||||||||||||||||
prepaid expenses | 7,881,000 | 4,827,000 | 2,594,000 | 1,793,000 | 2,131,000 | 1,367,000 | 1,208,000 | 1,368,000 | 1,126,000 | 1,128,000 | 1,369,000 | 1,324,000 | 1,029,000 | 1,140,000 | 1,128,000 | 1,491,000 | 996,000 | 1,363,000 | 1,991,000 | 1,402,000 | 1,475,000 | 1,876,000 | 364,000 | 33,000 | ||||||||||||||||||
accrued clinical trial expenses | 9,274,000 | 9,281,000 | 9,574,000 | 7,877,000 | ||||||||||||||||||||||||||||||||||||||
receivable from collaboration | 5,000,000 | |||||||||||||||||||||||||||||||||||||||||
other current assets | 304,000 | 2,100,000 | 2,100,000 | 273,000 | 126,000 | 122,000 | 17,000 | 33,000 | 165,000 | 20,000 | 176,000 | 139,000 | 96,000 | 134,000 | 187,000 | 266,000 | 453,000 | |||||||||||||||||||||||||
accrued clinical expenses | 8,588,000 | |||||||||||||||||||||||||||||||||||||||||
warrant liability | 5,632,000 | 7,648,000 | 6,091,000 | 5,862,000 | 4,343,000 | 3,279,000 | 1,145,000 | 1,177,000 | 1,259,000 | 900,000 | 1,220,000 | 1,356,000 | 2,181,000 | 7,704,000 | 13,596,000 | 8,766,000 | 8,888,000 | 11,638,000 | 6,466,000 | |||||||||||||||||||||||
facility loan | 3,219,000 | 3,108,000 | 3,001,000 | 2,897,000 | 2,797,000 | 2,700,000 | 2,607,000 | 2,041,000 | 1,262,000 | 509,000 | 1,450,000 | 1,403,000 | 1,355,000 | 1,193,000 | 795,000 | 410,000 | 38,000 | |||||||||||||||||||||||||
accrued interest payable | 37,000 | 43,000 | 49,000 | 55,000 | 60,000 | 66,000 | 72,000 | 73,000 | 73,000 | 73,000 | 73,000 | 29,000 | 32,000 | 35,000 | 36,000 | 36,000 | 36,000 | 36,000 | ||||||||||||||||||||||||
deferred rent, less current portion | 1,914,000 | |||||||||||||||||||||||||||||||||||||||||
facility loan, less current portion | 2,142,000 | 2,990,000 | 3,809,000 | 4,599,000 | 5,362,000 | 6,098,000 | 6,809,000 | 7,496,000 | 8,159,000 | 8,799,000 | 9,198,000 | 2,429,000 | 2,784,000 | 3,152,000 | 3,476,000 | 3,793,000 | 4,099,000 | 4,407,000 | ||||||||||||||||||||||||
deferred rent, net of current portion | 1,937,000 | 2,039,000 | ||||||||||||||||||||||||||||||||||||||||
accrued liabilities | 4,976,000 | 5,757,000 | 3,881,000 | 3,592,000 | 3,548,000 | 4,501,000 | 2,960,000 | 2,897,000 | 2,735,000 | 3,336,000 | 4,017,000 | 3,164,000 | 2,998,000 | 3,388,000 | 3,990,000 | 2,776,000 | 2,368,000 | 2,251,000 | 1,204,000 | |||||||||||||||||||||||
other liabilites | 3,000 | 6,000 | 10,000 | 16,000 | 18,000 | 19,000 | 14,000 | 13,000 | 10,000 | 6,000 | 200,000 | |||||||||||||||||||||||||||||||
contract receivables | 17,000 | 211,000 | 14,000 | 10,000 | 168,000 | 110,000 | ||||||||||||||||||||||||||||||||||||
liabilities and redeemable convertible preferred stock and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||
convertible notes | ||||||||||||||||||||||||||||||||||||||||||
redeemable convertible preferred stock | ||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value: 10,000,000 shares authorized at december 31, 2013; no shares authorized at december 31, 2012; no shares issued and outstanding | ||||||||||||||||||||||||||||||||||||||||||
total liabilities and redeemable convertible preferred stock and stockholders’ equity | 32,500,000 | 32,164,000 | ||||||||||||||||||||||||||||||||||||||||
long term warrant liability | 5,310,000 | |||||||||||||||||||||||||||||||||||||||||
deferred rent | 131,000 | |||||||||||||||||||||||||||||||||||||||||
stockholders’ deficit: |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 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 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | |||||||||||||||||||||||||||||||||||||||||
net income | -41,902,000 | -33,882,000 | -808,000 | -28,778,000 | -26,633,000 | -24,505,000 | -27,094,000 | -27,769,000 | -26,543,000 | -22,682,000 | -23,222,000 | -17,551,000 | 35,184,014 | -11,421,000 | -10,726,000 | -13,088,000 | 73,292,192 | -26,282,000 | -24,038,000 | -23,075,000 | -19,449,000 | -18,563,000 | -17,531,000 | -17,005,000 | -5,043,000 | -8,234,000 | -8,929,000 | -5,351,000 | -6,952,000 | -5,879,000 | -6,992,000 | -6,848,000 | -5,979,000 | -5,865,000 | -1,357,000 | -2,328,000 | -12,722,000 | -5,961,000 | -3,172,000 | -10,062,000 | -3,914,000 |
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 56,000 | 215,000 | 211,000 | 199,000 | 185,000 | 182,000 | 174,000 | 169,000 | 173,000 | 176,000 | 175,000 | 164,000 | -467,368 | 159,000 | 156,000 | 153,000 | -421,428 | 144,000 | 140,000 | 138,000 | 66,000 | 14,000 | 13,000 | 12,000 | 9,000 | 8,000 | 9,000 | 9,000 | 8,000 | 10,000 | 6,000 | 5,000 | 5,000 | 6,000 | 5,000 | 6,000 | 5,000 | 5,000 | 5,000 | 3,000 | 5,000 |
non-cash lease expense | |||||||||||||||||||||||||||||||||||||||||
stock-based compensation expense | 4,669,000 | 3,724,000 | 3,350,000 | 3,487,000 | 2,361,000 | 2,350,000 | 2,392,000 | 2,414,000 | 2,385,000 | 2,549,000 | 2,557,000 | 2,505,000 | -5,505,865 | 2,552,000 | 963,000 | 1,998,000 | -7,473,442 | 2,865,000 | 2,276,000 | 2,342,000 | 1,738,000 | 1,728,000 | 1,751,000 | 1,796,000 | 982,000 | 820,000 | 1,840,000 | 1,278,000 | |||||||||||||
accretion of development financing liability | 5,081,000 | 4,843,000 | 4,618,000 | 4,403,000 | 4,075,000 | 3,819,000 | 3,648,000 | 3,365,000 | 2,061,000 | ||||||||||||||||||||||||||||||||
write-off of deferred financing costs | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
net amortization of investments in marketable securities | -2,462,000 | -2,094,000 | |||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | -746,000 | 745,000 | -3,191,000 | -3,767,000 | |||||||||||||||||||||||||||||||||||||
other assets | 80,000 | -1,025,000 | -121,000 | 1,176,000 | 224,000 | -107,000 | -578,000 | -728,000 | 1,000 | -274,000 | -1,000 | -1,239,000 | -1,016,880 | -531,000 | 392,000 | 1,158,000 | -917,000 | 0 | -383,000 | -346,000 | 0 | 170,000 | -53,000 | 20,000 | 227,000 | -171,000 | -42,000 | 38,000 | 408,000 | -232,000 | -211,000 | ||||||||||
accounts payable | 1,097,000 | -1,858,000 | 2,956,000 | 537,000 | 617,000 | -387,000 | 667,000 | -2,341,000 | 1,797,000 | -286,000 | -577,000 | 1,375,000 | 1,553,728 | 471,000 | -737,000 | -1,290,000 | 479,530 | -1,388,000 | 472,000 | 437,000 | 344,000 | 293,000 | -702,000 | 727,000 | 227,000 | -17,000 | 5,000 | 197,000 | -36,000 | -337,000 | -505,000 | 769,000 | 301,000 | -1,014,000 | 194,000 | -558,000 | 1,038,000 | -215,000 | 193,000 | 372,000 | -342,000 |
deferred collaboration revenue | 57,000 | 0 | -31,001,000 | 33,733,000 | |||||||||||||||||||||||||||||||||||||
accrued research and development expenses | -202,000 | 997,000 | -727,000 | -965,000 | -92,000 | -406,000 | -2,631,000 | -93,000 | |||||||||||||||||||||||||||||||||
other accrued liabilities | 6,677,000 | 2,190,000 | 1,266,000 | -2,276,000 | 1,977,000 | 828,000 | 322,000 | -1,587,000 | |||||||||||||||||||||||||||||||||
net cash from operating activities | -27,380,000 | -26,145,000 | -25,437,000 | 6,431,000 | -17,522,000 | -22,440,000 | -25,362,000 | -14,243,000 | -15,413,000 | -19,214,000 | -20,561,000 | 29,864,275 | -7,452,000 | -7,749,000 | -14,708,000 | 69,677,089 | -23,127,000 | -24,254,000 | -22,394,000 | -19,595,000 | -16,077,000 | -12,823,000 | -6,441,000 | -6,072,000 | -5,466,000 | -5,891,000 | -2,203,000 | -5,402,000 | -5,741,000 | -6,070,000 | -6,140,000 | -5,196,000 | -6,660,000 | -5,309,000 | -6,159,000 | -7,472,000 | -3,892,000 | -4,739,000 | -5,011,000 | -3,537,000 | |
capital expenditures | -180,000 | 0 | -70,000 | -195,000 | -11,000 | 0 | 0 | 0 | 7,000 | -94,000 | 20,979 | 0 | 0 | 288,685 | -20,000 | -91,000 | -178,000 | -469,000 | -14,000 | 0 | -46,000 | 0 | 0 | 0 | 0 | 0 | -5,000 | 0 | 0 | 0 | 0 | 0 | -10,000 | -61,000 | -32,000 | 0 | |||||
free cash flows | -27,560,000 | -26,145,000 | -25,507,000 | 6,236,000 | -17,533,000 | -22,440,000 | -14,243,000 | -15,413,000 | -19,207,000 | -20,655,000 | 29,885,254 | -7,452,000 | -7,749,000 | 69,965,774 | -23,147,000 | -24,345,000 | -22,572,000 | -20,064,000 | -16,091,000 | -12,823,000 | -6,487,000 | -6,072,000 | -5,466,000 | -5,891,000 | -2,203,000 | -5,402,000 | -5,746,000 | -6,070,000 | -5,196,000 | -6,660,000 | -5,309,000 | -7,472,000 | -3,902,000 | -4,800,000 | -5,043,000 | -3,537,000 | |||||
investing activities | |||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment | -180,000 | 0 | -70,000 | -195,000 | -13,000 | -11,000 | 0 | 0 | 7,000 | -94,000 | 20,979 | 288,685 | -20,000 | -91,000 | -178,000 | -469,000 | -14,000 | 0 | -46,000 | 0 | -5,000 | 0 | -10,000 | -61,000 | -32,000 | ||||||||||||||||
purchases of marketable securities | -115,928,000 | -29,538,000 | -39,111,000 | -121,097,000 | -12,631,000 | -46,883,000 | -52,978,000 | -62,485,000 | -33,477,000 | -10,787,000 | -15,608,000 | -18,212,000 | 153,774,700 | -88,447,000 | -1,000 | -65,503,000 | 245,889,107 | -24,902,000 | -130,381,000 | -90,897,000 | -26,960,000 | -63,497,000 | -60,982,000 | -124,943,000 | -9,444,000 | -79,119,000 | -698,000 | -9,124,000 | -3,602,000 | -1,600,000 | -16,704,000 | -1,000,000 | -1,016,000 | -28,397,000 | -6,758,000 | -6,617,000 | -2,552,000 | -13,590,000 | |||
proceeds from maturities of marketable securities | 74,001,000 | 44,999,000 | 39,900,000 | 60,650,000 | 21,000,000 | 42,345,000 | 54,300,000 | 11,495,000 | 9,400,000 | 39,080,000 | 24,280,000 | 54,000,000 | -206,053,722 | 47,142,000 | 47,000,000 | 112,136,000 | -198,628,119 | 63,430,000 | 57,400,000 | 78,051,000 | 54,200,000 | 75,118,000 | 58,148,000 | 35,334,000 | 14,569,000 | 7,215,000 | 3,200,000 | 5,900,000 | 13,420,000 | 2,000,000 | |||||||||||
net cash from investing activities | -42,107,000 | 15,461,000 | 8,356,000 | -4,549,000 | 1,198,000 | -50,990,000 | -24,077,000 | 28,293,000 | 8,679,000 | 35,694,000 | -52,258,043 | -41,326,000 | 46,999,000 | 46,633,000 | 43,573,653 | 38,508,000 | -73,072,000 | -9,044,000 | 26,771,000 | 11,607,000 | -2,834,000 | -89,655,000 | 5,098,000 | -71,904,000 | 2,502,000 | -3,224,000 | 9,818,000 | 395,000 | -2,716,000 | 19,631,000 | 6,211,000 | -24,947,000 | 6,554,000 | 1,099,000 | 2,898,000 | -10,782,000 | -9,604,000 | 550,000 | -6,681,000 | ||
financing activities | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock pursuant to equity award plans | 3,173,000 | 5,699,000 | 1,050,000 | 710,000 | 0 | 14,000 | 99,000 | -6,908 | 0 | -103,614 | 0 | 7,000 | 97,000 | 24,000 | 26,000 | 245,000 | 3,276,000 | 1,749,000 | |||||||||||||||||||||||
proceeds from issuance of common stock and pre-funded warrants, net of issuance costs | -444,000 | 243,224,000 | 0 | 92,360,000 | |||||||||||||||||||||||||||||||||||||
proceeds from development financing, net of transaction costs | 0 | 24,650,000 | |||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 2,729,000 | 248,923,000 | 1,050,000 | 93,070,000 | 0 | 9,000 | 0 | 24,541,000 | 95,163,000 | -107,741,868 | 0 | -167,000 | 108,017,000 | 24,000 | 1,539,000 | -5,198,000 | 138,623,000 | 1,019,000 | 90,870,000 | -775,000 | 8,605,000 | -742,000 | 0 | 26,596,000 | -384,000 | 4,315,000 | -196,000 | 23,028,000 | 3,000 | 2,402,000 | 2,539,000 | ||||||||||
net increase in cash, cash equivalents and restricted cash | |||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at beginning of period | |||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at end of period | |||||||||||||||||||||||||||||||||||||||||
supplemental disclosures: | |||||||||||||||||||||||||||||||||||||||||
supplemental operating activities | |||||||||||||||||||||||||||||||||||||||||
cash paid for amounts included in the measurement of lease liabilities | 233,000 | 176,000 | 177,000 | 176,000 | 173,000 | 171,000 | 171,000 | 171,000 | 168,000 | 166,000 | 166,000 | 166,000 | -483,353 | 161,000 | 162,000 | 161,000 | -469,372 | 157,000 | |||||||||||||||||||||||
supplemental non-cash investing and financing activities | |||||||||||||||||||||||||||||||||||||||||
right-of-use assets acquired in exchange for operating lease liabilities | |||||||||||||||||||||||||||||||||||||||||
right-of-use assets acquired in exchange for finance lease liabilities | |||||||||||||||||||||||||||||||||||||||||
accrued financing costs | 257,000 | 174,000 | |||||||||||||||||||||||||||||||||||||||
proceeds from development financing | 0 | 25,000,000 | |||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 238,239,000 | -23,668,000 | 38,859,000 | -10,400,000 | -22,062,000 | -21,242,000 | -51,811,000 | 56,843,000 | 36,066,000 | -10,429,000 | 15,133,000 | -22,400,676 | -48,778,000 | 39,257,000 | 31,925,000 | 5,508,874 | 15,381,000 | -97,493,000 | 76,579,000 | 7,200,000 | -2,931,000 | -20,855,000 | 42,527,000 | 45,000 | 13,500,000 | -4,164,000 | 3,178,000 | -8,786,000 | 13,491,000 | -4,770,000 | |||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 20,291,000 | 0 | 0 | 0 | 125,806,000 | 0 | 0 | 0 | 28,193,000 | -24,844,131 | 0 | 0 | 24,869,000 | -48,946,005 | 0 | 0 | 48,995,000 | 0 | 0 | 0 | 23,054,000 | 0 | 0 | 0 | 10,495,000 | 0 | 0 | 0 | 7,706,000 | 0 | 0 | 0 | 11,586,000 | 0 | 0 | 0 | 24,401,000 | ||
cash and cash equivalents at end of period | 238,239,000 | -23,668,000 | 59,150,000 | -10,400,000 | -22,062,000 | -21,242,000 | 73,995,000 | 56,843,000 | 36,066,000 | -10,429,000 | 43,326,000 | -47,244,807 | -48,778,000 | 39,257,000 | 56,794,000 | -43,437,131 | 15,381,000 | -97,493,000 | 125,574,000 | 7,200,000 | -2,931,000 | -20,855,000 | 65,581,000 | 45,000 | 13,500,000 | -4,164,000 | 13,673,000 | 3,674,000 | -5,590,000 | -8,786,000 | 21,197,000 | 1,015,000 | -5,011,000 | 861,000 | 10,841,000 | -4,770,000 | 8,354,000 | -14,340,000 | 22,342,000 | ||
unsettled stock option exercise | |||||||||||||||||||||||||||||||||||||||||
accrued costs for other assets | |||||||||||||||||||||||||||||||||||||||||
supplemental non-cash financing activities | |||||||||||||||||||||||||||||||||||||||||
unsettled stock option exercise proceeds | |||||||||||||||||||||||||||||||||||||||||
net accretion and amortization of investments in marketable securities | -1,318,000 | -591,000 | -315,000 | -99,000 | 131,000 | 94,000 | 117,000 | 230,000 | 196,000 | 239,896 | 66,000 | -101,000 | -205,000 | 1,906,763 | -585,000 | -780,000 | -544,000 | -587,000 | -581,000 | -499,000 | -278,000 | ||||||||||||||||||||
net cash (used in) investing activities | -60,642,000 | ||||||||||||||||||||||||||||||||||||||||
supplemental disclosure | |||||||||||||||||||||||||||||||||||||||||
net cash (used in) operating activities | |||||||||||||||||||||||||||||||||||||||||
unpaid financing costs | |||||||||||||||||||||||||||||||||||||||||
other prepaid expenses and current assets | 1,019,000 | 759,000 | 1,077,000 | ||||||||||||||||||||||||||||||||||||||
issuance costs paid for issuance of common stock | 0 | 0 | -459,000 | ||||||||||||||||||||||||||||||||||||||
accrued financing costs in accounts payable | |||||||||||||||||||||||||||||||||||||||||
interest receivable and other current assets | 587,000 | -121,000 | 299,000 | -42,361 | -436,000 | 168,000 | 310,000 | 204,617 | 216,000 | -244,000 | -177,000 | 186,000 | |||||||||||||||||||||||||||||
prepaid expenses | -7,063,923 | 561,000 | -787,000 | -3,054,000 | -2,233,000 | -801,000 | 338,000 | -764,000 | -159,000 | 160,000 | -242,000 | 2,000 | 241,000 | -565,000 | -295,000 | 58,000 | 41,000 | 363,000 | -495,000 | 367,000 | 628,000 | -589,000 | 73,000 | 401,000 | -1,512,000 | -331,000 | |||||||||||||||
accrued liabilities | 2,575,000 | 1,374,000 | -3,458,000 | 2,869,187 | 1,382,000 | -1,193,000 | -3,061,000 | -3,363,669 | 3,221,000 | 582,000 | -440,000 | 205,000 | 2,054,000 | 4,972,000 | -781,000 | 1,873,000 | 286,000 | 40,000 | -812,000 | 1,391,000 | 63,000 | 163,000 | -602,000 | -681,000 | 853,000 | 166,000 | -390,000 | -602,000 | 1,214,000 | 447,000 | 830,000 | 189,000 | |||||||||
prepaid research and development expenses and other prepaid assets | 59,000 | -2,852,000 | 1,951,000 | ||||||||||||||||||||||||||||||||||||||
cash from financing activities | -6,908 | ||||||||||||||||||||||||||||||||||||||||
accelerated vesting of stock-based compensation due to restructuring | |||||||||||||||||||||||||||||||||||||||||
accrued restructuring charges | 3,096,825 | -786,000 | -838,000 | -1,476,000 | |||||||||||||||||||||||||||||||||||||
proceeds from sale of marketable securities | -3,976,020 | 0 | 0 | 3,980,000 | |||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock, net of issuance costs | -107,638,254 | 0 | -174,000 | 107,920,000 | 0 | 0 | 0 | 135,520,000 | -151,000 | 91,223,000 | 0 | 9,364,000 | 4,263,000 | ||||||||||||||||||||||||||||
supplemental disclosures | |||||||||||||||||||||||||||||||||||||||||
operating lease right-of-use assets obtained in exchange for lease liabilities | |||||||||||||||||||||||||||||||||||||||||
accelerated vesting of stock-based compensation expense due to restructuring | |||||||||||||||||||||||||||||||||||||||||
non-cash interest associated with debt discount accretion | 0 | 0 | 56,000 | 92,000 | 98,000 | 107,000 | 112,000 | 120,000 | 124,000 | 123,000 | 76,000 | 66,000 | 50,000 | 36,000 | 54,000 | 53,000 | 42,000 | 49,000 | |||||||||||||||||||||||
loss on extinguishment of debt | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
change in fair value of warrant liability | 0 | -1,031,000 | 87,000 | 4,654,000 | 777,000 | 1,798,000 | 1,064,000 | 2,134,000 | -32,000 | -82,000 | 359,000 | -320,000 | -136,000 | -1,083,000 | -5,327,000 | -4,575,000 | 4,947,000 | 255,000 | -2,750,000 | 4,784,000 | |||||||||||||||||||||
gain on extinguishment of warrant liability | 0 | ||||||||||||||||||||||||||||||||||||||||
accretion of tenant improvement allowance | -109,000 | -93,000 | |||||||||||||||||||||||||||||||||||||||
receivable from collaboration | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
prepaid research and development and other prepaid expenses | |||||||||||||||||||||||||||||||||||||||||
accrued restructuring | |||||||||||||||||||||||||||||||||||||||||
accrued interest payable | 0 | 0 | -37,000 | -6,000 | -6,000 | -6,000 | -5,000 | -6,000 | -6,000 | 34,000 | 71,000 | 23,000 | 15,000 | 27,000 | 28,000 | 26,000 | 26,000 | 60,000 | |||||||||||||||||||||||
proceeds from issuance of common stock upon exercise of warrants | 0 | 1,513,000 | 381,000 | 656,000 | |||||||||||||||||||||||||||||||||||||
repayment of facility loan principal | 0 | 0 | -5,698,000 | -829,000 | -810,000 | -793,000 | -775,000 | -759,000 | |||||||||||||||||||||||||||||||||
payment of fees to extinguish facility loan | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
cash paid for interest | 0 | 0 | 108,000 | 123,000 | 219,000 | 122,000 | 93,000 | 101,000 | 107,000 | 109,000 | 110,000 | 109,000 | |||||||||||||||||||||||||||||
issuance of common stock upon warrant exercises | 0 | 4,179,000 | 2,103,000 | 3,097,000 | 0 | 0 | 196,000 | 1,317,000 | |||||||||||||||||||||||||||||||||
lessor funded lease incentives included in property and equipment | |||||||||||||||||||||||||||||||||||||||||
accrued property and equipment | |||||||||||||||||||||||||||||||||||||||||
lessor funded lease incentives included in other current assets | 0 | ||||||||||||||||||||||||||||||||||||||||
other current assets | -147,000 | 3,000 | -105,000 | 16,000 | -12,000 | ||||||||||||||||||||||||||||||||||||
net change in accrued financing costs | |||||||||||||||||||||||||||||||||||||||||
accounts receivable | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||
accretion and amortization of marketable securities | -51,000 | 5,000 | -1,000 | ||||||||||||||||||||||||||||||||||||||
amortization of premium on marketable securities | -3,000 | -5,000 | 27,000 | 106,000 | 164,000 | 119,000 | 61,000 | 167,000 | 164,000 | 111,000 | 107,000 | 71,000 | |||||||||||||||||||||||||||||
proceeds from facility loan | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock and warrants, net of issuance costs | 0 | 23,028,000 | 0 | 2,402,000 | |||||||||||||||||||||||||||||||||||||
supplemental non-cash investing and financing activites | |||||||||||||||||||||||||||||||||||||||||
issuance of common stock warrants to lenders | |||||||||||||||||||||||||||||||||||||||||
stock based compensation expense | 667,000 | ||||||||||||||||||||||||||||||||||||||||
contract receivables | 0 | 17,000 | -17,000 | 211,000 | -197,000 | -4,000 | 158,000 | -58,000 | -110,000 | ||||||||||||||||||||||||||||||||
accrued interest receivable | -3,000 | 77,000 | 90,000 | 23,000 | -126,000 | 116,000 | -63,000 | 87,000 | -89,000 | -44,000 | -22,000 | -68,000 | |||||||||||||||||||||||||||||
other liabilities | -2,000 | 1,000 | 2,000 | 2,000 | 1,000 | 3,000 | 4,000 | 3,000 | 3,000 | ||||||||||||||||||||||||||||||||
repayment of loan principal | -384,000 | -374,000 | |||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock upon warrant exercises | 0 | 0 | 426,000 | ||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | 1,015,000 | -745,000 | -14,340,000 | -2,059,000 | |||||||||||||||||||||||||||||||||||||
non-employee stock-based compensation expense | 3,000 | -1,000 | 0 | -6,000 | 28,000 | 3,000 | 2,000 | 1,000 | 2,000 | ||||||||||||||||||||||||||||||||
employee and director stock-based compensation expense | 556,000 | 614,000 | 562,000 | 585,000 | 705,000 | 272,000 | 223,000 | 75,000 | 714,000 | 826,000 | |||||||||||||||||||||||||||||||
non-cash interest associated with debt discount and final payment accretion | 113,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from sales and maturities of marketable securities | 20,631,000 | 7,227,000 | 3,450,000 | 13,312,000 | 7,716,000 | 5,450,000 | |||||||||||||||||||||||||||||||||||
loss on sale of property and equipment | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock upon exercise of stock options | |||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information | |||||||||||||||||||||||||||||||||||||||||
noncash issuance costs incurred in common stock financing | 0 | 0 | 0 | 453,000 | |||||||||||||||||||||||||||||||||||||
reclassification of incentive awards to equity | 0 | 1,000 | |||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock and warrants, net of costs | |||||||||||||||||||||||||||||||||||||||||
payment of loan principal | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock upon exercise of employee stock options | 2,000 | 0 | |||||||||||||||||||||||||||||||||||||||
issuance of common stock warrants | 0 | 443,000 | |||||||||||||||||||||||||||||||||||||||
fixed assets in accrued expenses | 28,000 | ||||||||||||||||||||||||||||||||||||||||
amortization of notes payable conversion option | 0 | ||||||||||||||||||||||||||||||||||||||||
gain on sale of property and equipment | 0 | 1,000 | -207,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | |||||||||||||||||||||||||||||||||||||||||
repurchase of preferred stock | 0 | ||||||||||||||||||||||||||||||||||||||||
financing costs in accrued expenses | |||||||||||||||||||||||||||||||||||||||||
fair value of forward contract | |||||||||||||||||||||||||||||||||||||||||
issuance of common stock warrants to common stockholders | |||||||||||||||||||||||||||||||||||||||||
conversion of preferred shares into common stock | |||||||||||||||||||||||||||||||||||||||||
issuance of common stock for debt extinguishment | 0 | ||||||||||||||||||||||||||||||||||||||||
issuance of common stock warrants-lenders | |||||||||||||||||||||||||||||||||||||||||
issuance of common stock warrants-common stock | |||||||||||||||||||||||||||||||||||||||||
issuance of common stock upon cashless warrant exercise | 377,000 | 0 | 55,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from sales of marketable securities | 1,649,000 | 582,000 | |||||||||||||||||||||||||||||||||||||||
proceeds from the sale of property and equipment | |||||||||||||||||||||||||||||||||||||||||
principal payments on equipment loans | |||||||||||||||||||||||||||||||||||||||||
net increase(decrease) in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | 0 | ||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | -7,679,000 | ||||||||||||||||||||||||||||||||||||||||
interest paid | |||||||||||||||||||||||||||||||||||||||||
conversion of preferred stock into common stock | |||||||||||||||||||||||||||||||||||||||||
non-cash interest associated with discount accretion | |||||||||||||||||||||||||||||||||||||||||
deferred rent | |||||||||||||||||||||||||||||||||||||||||
deferred revenue | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of commons stock and warrants, net of issuance costs |
