Corcept Therapeutics Quarterly Income Statements Chart
Quarterly
|
Annual
Corcept Therapeutics Quarterly Income Statements Table
Quarterly
|
Annual
Unit: USD | 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 | 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 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-05-13 | 2011-09-30 | 2011-05-13 | 2011-05-13 | 2010-12-31 | 2010-05-13 | 2010-03-31 | 2009-12-31 | 2009-06-30 | 2009-05-13 | 2008-12-31 | 2008-09-30 | 2008-05-13 | 2008-03-31 | 2007-12-31 | 2007-06-30 | 2007-05-13 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-05-13 | 2005-09-30 | 2005-06-30 | 2005-05-13 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
product revenue | 194,430,000 | 157,214,000 | 181,890,000 | 182,546,000 | 163,796,000 | 146,808,000 | 135,405,000 | 123,601,000 | 117,715,000 | 105,654,000 | 103,056,000 | 101,728,000 | 103,386,000 | 93,688,000 | 98,822,000 | 96,131,000 | 91,588,000 | 79,437,000 | 85,735,000 | 86,327,000 | 88,565,000 | 93,247,000 | 87,895,000 | 81,505,000 | 72,257,000 | 64,829,000 | 66,831,000 | 64,445,000 | 62,312,000 | 57,659,000 | 53,280,000 | 42,763,000 | 35,559,000 | 27,599,000 | 23,812,000 | 21,725,000 | 19,724,000 | 16,061,000 | 8,829,750 | 13,261,000 | 11,956,000 | 10,102,000 | ||||||||||||||||||||||||||||||||||||||||
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of sales | 3,433,000 | 2,403,000 | 2,956,000 | 2,867,000 | 2,524,000 | 2,535,000 | 1,877,000 | 1,645,000 | 1,574,000 | 1,386,000 | 1,480,000 | 1,339,000 | 1,316,000 | 1,250,000 | 1,354,000 | 1,275,000 | 1,384,000 | 1,268,000 | 1,254,000 | 1,216,000 | 1,234,000 | 1,878,000 | 1,436,000 | 1,451,000 | 1,377,000 | 1,240,000 | -3,635,741 | 1,308,000 | 1,154,000 | 1,174,000 | 1,157,000 | 976,000 | 775,000 | 646,000 | 561,000 | 668,000 | 426,000 | 403,000 | 364,000 | 256,000 | 439,000 | 302,000 | 258,000 | 235,000 | 215,000 | 174,000 | 61,000 | 40,000 | 23,000 | 20,000 | 19,000 | 24,000 | 48,000 | |||||||||||||||||||||||||||||
gross profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
yoy | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gross margin % | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
research and development | 60,471,000 | 60,735,000 | 70,300,000 | 59,336,000 | 58,745,000 | 58,505,000 | 54,707,000 | 45,517,000 | 43,277,000 | 40,851,000 | 36,754,000 | 33,292,000 | 32,825,000 | 28,120,000 | 28,519,000 | 28,091,000 | 28,232,000 | 29,022,000 | 28,275,000 | 33,869,000 | 26,497,000 | 26,123,000 | 24,312,000 | 22,805,000 | 21,656,000 | 20,244,000 | -56,445,988 | 18,860,000 | 20,543,000 | 17,050,000 | 13,631,000 | 11,693,000 | 7,876,000 | 7,176,000 | 6,484,000 | 7,054,000 | 5,672,000 | 4,634,000 | -11,329,161 | 3,612,000 | 3,341,000 | 4,377,000 | -14,582,277 | 3,047,000 | 4,252,000 | 7,285,000 | 6,567,000 | 5,155,000 | 4,491,000 | 4,257,000 | 4,856,000 | 3,008,000 | 2,668,000 | 3,542,000 | 110 | 5,433 | 5,401 | 63 | 5,208 | 68 | 5,211 | 4,811 | 70 | 4,876 | 64 | 4,688 | 56 | 4,680 | 29 | 4,076 | 103 | 4,348 | 53 | -194 | 3,922 | 74 | 84,773 | -140,481 | 117,140 | 141,002 | ||
selling, general and administrative | 103,851,000 | 90,660,000 | 83,372,000 | 73,745,000 | 66,935,000 | 56,268,000 | 47,152,000 | 45,262,000 | 43,281,000 | 48,564,000 | 42,323,000 | 35,163,000 | 37,813,000 | 37,549,000 | 32,285,000 | 30,533,000 | 30,029,000 | 29,509,000 | 25,696,000 | 26,523,000 | 25,572,000 | 27,535,000 | 27,131,000 | 24,245,000 | 24,591,000 | 24,389,000 | -59,712,524 | 21,308,000 | 19,981,000 | 18,440,000 | 16,795,000 | 16,471,000 | 14,113,000 | 15,037,000 | 11,760,000 | 10,931,000 | 12,118,000 | 10,432,000 | -28,080,826 | 9,291,000 | 9,342,000 | 9,453,000 | -26,867,522 | 9,103,000 | 7,965,000 | 9,805,000 | 7,517,000 | 7,179,000 | 8,160,000 | 8,383,000 | 6,482,000 | 5,694,000 | 5,751,000 | 7,487,000 | ||||||||||||||||||||||||||||
total operating expenses | 167,755,000 | 153,798,000 | 156,628,000 | 135,948,000 | 128,204,000 | 117,308,000 | 103,736,000 | 92,424,000 | 88,132,000 | 90,801,000 | 80,557,000 | 69,794,000 | 71,954,000 | 66,919,000 | 62,158,000 | 59,899,000 | 59,645,000 | 59,799,000 | 55,225,000 | 61,608,000 | 53,303,000 | 55,536,000 | 52,879,000 | 48,501,000 | 47,624,000 | 45,873,000 | 41,933,000 | 41,476,000 | 41,678,000 | 36,664,000 | 31,583,000 | 29,140,000 | 22,764,000 | 22,859,000 | 18,805,000 | 18,653,000 | 18,216,000 | 15,469,000 | 13,316,000 | 13,159,000 | 13,122,000 | 14,132,000 | 12,091,000 | 12,385,000 | 12,432,000 | 17,264,000 | 14,145,000 | 12,374,000 | 12,674,000 | 12,660,000 | 11,357,000 | 8,726,000 | 8,467,000 | 11,029,000 | 6,437,000 | 175,965,000 | 167,482,000 | 6,064,000 | 150,085,000 | 4,888,000 | 149,810,000 | 120,956,000 | 4,968,000 | 123,566,000 | 4,083,000 | 112,844,000 | 1,953,000 | 110,378,000 | 2,736,000 | 80,258,000 | 6,549,000 | 91,458,000 | 5,481,000 | 4,386,000 | 70,407,000 | 5,787,000 | 5,522,394 | 4,257,966 | 3,694,446 | 2,570,029 | ||
income from operations | 26,675,000 | 3,416,000 | 25,262,000 | 46,598,000 | 35,592,000 | 29,500,000 | 31,669,000 | 31,177,000 | 29,583,000 | 14,853,000 | 22,499,000 | 31,934,000 | 31,432,000 | 26,769,000 | 36,664,000 | 36,232,000 | 31,943,000 | 19,638,000 | 30,510,000 | 24,719,000 | 35,262,000 | 37,711,000 | 35,016,000 | 33,004,000 | 24,633,000 | 18,956,000 | 24,898,000 | 22,969,000 | 20,634,000 | 20,995,000 | 21,697,000 | 13,623,000 | 12,795,000 | 4,740,000 | 5,007,000 | 3,072,000 | 1,508,000 | 592,000 | 1,651,000 | 102,000 | -1,166,000 | -4,030,000 | -3,077,000 | -5,103,000 | -6,581,000 | -12,859,000 | -10,030,000 | -9,740,000 | -10,783,000 | -10,943,000 | -9,980,000 | -7,671,000 | -7,592,000 | -11,029,000 | -6,437,000 | -174,951,000 | -166,468,000 | -6,064,000 | -149,077,000 | -4,882,000 | -148,796,000 | -120,037,000 | -4,902,000 | -122,790,000 | -4,083,000 | -112,442,000 | -1,579,000 | -109,602,000 | -2,628,000 | -80,185,000 | -6,549,000 | -91,237,000 | ||||||||||
yoy | -25.05% | -88.42% | -20.23% | 49.46% | 20.31% | 98.61% | 40.76% | -2.37% | -5.88% | -44.51% | -38.63% | -11.86% | -1.60% | 36.31% | 20.17% | 46.58% | -9.41% | -47.93% | -12.87% | -25.10% | 43.15% | 98.94% | 40.64% | 43.69% | 19.38% | -9.71% | 14.75% | 68.60% | 61.27% | 342.93% | 333.33% | 343.46% | 748.47% | 700.68% | 203.27% | 2911.76% | -229.33% | -114.69% | -153.66% | -102.00% | -82.28% | -68.66% | -69.32% | -47.61% | -38.97% | 17.51% | 0.50% | 26.97% | 42.03% | -0.78% | 55.04% | -104.05% | -104.01% | -93.70% | -96.13% | -227.12% | -227.12% | 3483.59% | 11.88% | -94.95% | 2941.15% | -96.02% | 3544.28% | 6.75% | 210.45% | 12.03% | 55.37% | 40.23% | -75.89% | 20.13% | ||||||||||||
qoq | 680.88% | -86.48% | -45.79% | 30.92% | 20.65% | -6.85% | 1.58% | 5.39% | 99.17% | -33.98% | -29.55% | 1.60% | 17.42% | -26.99% | 1.19% | 13.43% | 62.66% | -35.63% | 23.43% | -29.90% | -6.49% | 7.70% | 6.10% | 33.98% | 29.95% | -23.87% | 8.40% | 11.32% | -1.72% | -3.24% | 59.27% | 6.47% | 169.94% | -5.33% | 62.99% | 103.71% | 154.73% | -64.14% | 1518.63% | -108.75% | -71.07% | 30.97% | -39.70% | -22.46% | -48.82% | 28.21% | 2.98% | -9.67% | -1.46% | 9.65% | 30.10% | 1.04% | -31.16% | 71.34% | -103.40% | -208.32% | -208.32% | 5.10% | 2645.18% | -95.93% | 2953.61% | -96.72% | 23.96% | 2348.74% | -96.01% | 2907.35% | -96.37% | 7021.09% | -98.56% | 4070.55% | -96.72% | 1124.39% | -92.82% | |||||||||
operating margin % | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and other income | 5,017,000 | 6,202,000 | 6,698,000 | 6,345,000 | 6,004,000 | 5,493,000 | 5,140,000 | 5,208,000 | 3,347,000 | 3,581,000 | 1,777,000 | 1,070,000 | 630,000 | 80,000 | 72,000 | 72,000 | 110,000 | 275,000 | 297,000 | 622,000 | 1,010,000 | 1,471,000 | 1,444,000 | 1,348,000 | 1,178,000 | 1,097,000 | 403,750 | 759,000 | 562,000 | 294,000 | 188,000 | 86,000 | -98,000 | -225,000 | -410,000 | -487,000 | -531,000 | -611,000 | -568,250 | -703,000 | -770,000 | -800,000 | -736,500 | -903,000 | -971,000 | -1,071,000 | -855,250 | -1,166,000 | -1,114,000 | -1,141,000 | 3,000 | 5,551 | 5,551 | 6,819,000 | 5,332,000 | 2,000 | 5,320,000 | 6,000 | 5,322,000 | 4,478,000 | 291,000 | 4,737,000 | 157,000 | 4,118,000 | 164,000 | 4,047,000 | 96,000 | 2,985,000 | 154,000 | 3,329,000 | 278,000 | 282,000 | 2,591,000 | 283,000 | 268,816 | 169,201 | 115,913 | 24,308 | ||||
income before income taxes | 31,692,000 | 9,618,000 | 31,960,000 | 52,943,000 | 41,596,000 | 34,993,000 | 36,809,000 | 36,385,000 | 32,930,000 | 18,434,000 | 24,276,000 | 33,004,000 | 32,062,000 | 26,849,000 | 36,736,000 | 36,304,000 | 32,053,000 | 19,913,000 | 30,807,000 | 25,341,000 | 36,272,000 | 39,182,000 | 36,460,000 | 34,352,000 | 25,811,000 | 20,053,000 | 25,940,000 | 23,728,000 | 21,196,000 | 21,289,000 | 21,885,000 | 13,709,000 | 12,697,000 | 4,515,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | 3,457,000 | 10,929,000 | -3,240,750 | -5,007,000 | -1,774,500 | 1,604,000 | -4,052,000 | 3,552,000 | 29,554,000 | -5,981,000 | 76,445,000 | 48,000 | 189,507,000 | 189,507,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 35,149,000 | 20,547,000 | 30,746,000 | 47,213,000 | 35,488,000 | 27,762,000 | 31,355,000 | 31,378,000 | 27,528,000 | 15,879,000 | 16,601,000 | 34,608,000 | 27,412,000 | 22,797,000 | 32,053,000 | 30,471,000 | 26,523,000 | 23,465,000 | 25,994,000 | 21,625,000 | 28,327,000 | 30,065,000 | 29,381,000 | 26,340,000 | 20,186,000 | 18,274,000 | 22,008,000 | 17,747,000 | 18,196,000 | 17,459,000 | 98,330,000 | 13,757,000 | 12,647,000 | 4,388,000 | -3225.12% | -3225.12% | -170,509,000 | -162,006,000 | -6,073,000 | -145,360,000 | -4,878,000 | -145,068,000 | -116,182,000 | -5,565,000 | -118,336,000 | -3,930,000 | -108,594,000 | -1,417,000 | -105,818,000 | -2,535,000 | -77,442,000 | -6,403,000 | -88,159,000 | -5,223,000 | -4,111,000 | -68,053,000 | -5,512,000 | -5,311,046 | -4,088,765 | -3,583,741 | -2,550,929 | |||||||||||||||||||||
yoy | -0.96% | -25.99% | -1.94% | 50.47% | 28.92% | 74.83% | 88.87% | -9.33% | 0.42% | -30.35% | -48.21% | 13.58% | 3.35% | -2.85% | 23.31% | 40.91% | -6.37% | -21.95% | -11.53% | -17.90% | 40.33% | 64.52% | 33.50% | 48.42% | 10.94% | 4.67% | -77.62% | 29.00% | 43.88% | 297.88% | 3395.47% | 11.68% | -94.77% | 2512.04% | -95.88% | 3591.30% | 6.99% | 292.73% | 11.83% | 55.03% | 40.23% | -77.87% | 20.03% | -51.46% | 1783.78% | -90.59% | 1499.40% | -1.66% | 0.54% | 1798.94% | 116.08% | |||||||||||||||||||||||||||||||
qoq | 71.07% | -33.17% | -34.88% | 33.04% | 27.83% | -11.46% | -0.07% | 13.99% | 73.36% | -4.35% | -52.03% | 26.25% | 20.24% | -28.88% | 5.19% | 14.89% | 13.03% | -9.73% | 20.20% | -23.66% | -5.78% | 2.33% | 11.55% | 30.49% | 10.46% | -16.97% | 24.01% | -2.47% | 4.22% | -82.24% | 614.76% | 8.78% | 188.22% | 5.25% | 2567.64% | -95.82% | 2879.91% | -96.64% | 24.86% | 1987.73% | -95.30% | 2911.09% | -96.38% | 7563.66% | -98.66% | 4074.28% | -96.73% | 1109.46% | -92.74% | 1587.90% | 27.05% | -93.96% | 1134.63% | 3.78% | 29.89% | 14.09% | 40.49% | |||||||||||||||||||||||||
net income margin % | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders | 34,611,000 | 20,288,000 | 30,389,000 | 46,690,000 | 35,120,000 | 27,514,000 | 31,143,000 | 31,172,000 | 27,356,000 | 15,807,000 | 16,533,000 | 34,550,000 | 27,398,000 | 0.00% | 0.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic net income per common share | 330 | 190 | 290 | 450 | 340 | 270 | 300 | 310 | 270 | 150 | 150 | 320 | 260 | 870 | 120 | 110 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted net income per common share | 290 | 170 | 250 | 410 | 320 | 250 | 280 | 280 | 250 | 140 | 140 | 300 | 240 | 790 | 110 | 100 | -188,493,000 | -188,493,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding used in computing net income per common share | 6,824,000 | 6,824,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 104,111,000 | 104,106,000 | 103,232,000 | 103,371,000 | 103,118,000 | 102,791,000 | 103,560,000 | 102,014,000 | 101,964,000 | 107,885,000 | 106,787,000 | 107,125,000 | 106,289,000 | 106,012 | 115,653 | 115,791 | 116,294 | 116,818 | 115,412 | 115,734 | 115,006 | 114,575 | 114,349 | 113,875 | 114,340 | 114,844 | 115,798 | 115,492 | 114,882 | 113,527 | 113,603 | 113,249 | 112,867 | 110,566 | 110,652 | 110,034 | ||||||||||||||||||||||||||||||||||||||||||||||
diluted | 120,485,000 | 119,819,000 | 113,480,000 | 113,723,000 | 111,244,000 | 109,915,000 | 111,742,000 | 111,099,000 | 109,590,000 | 115,425,000 | 115,966,000 | 116,620,000 | 115,399,000 | 115,037 | 125,963 | 125,136 | 126,680 | 129,668 | 124,194 | 124,464 | 123,234 | 122,226 | 122,566 | 121,762 | 121,783 | 123,895 | 126,159 | 127,515 | 127,733 | 124,515 | 125,651 | 123,011 | 121,189 | 116,139 | 116,419 | 115,329 | ||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | -1,214,000 | -5,730,000 | -6,108,000 | -7,231,000 | -5,402,000 | -2,555,000 | -4,650,000 | 20,305,000 | -5,833,000 | -5,530,000 | 46,369,000 | -3,716,000 | -7,945,000 | -9,117,000 | -3,854,000 | -8,012,000 | -5,625,000 | -1,779,000 | -3,000,000 | -3,830,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on available-for-sale investments, net of tax effect of 323 and 61, respectively | -1,019,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation gain, net of tax | -105,000 | 14,000 | -77,000 | 16,000 | 26,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive income | 21,673,000 | 31,711,000 | 30,371,000 | 26,489,000 | 23,299,000 | 25,832,000 | 21,362,000 | 28,857,000 | 30,114,000 | 29,328,000 | 26,333,000 | 20,413,000 | 18,438,000 | 13,331,250 | 17,797,000 | 18,221,000 | 17,307,000 | 98,269,000 | 13,760,000 | 12,642,000 | 4,376,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic net income per share | 0.22 | 0.28 | 0.26 | 0.23 | 0.2 | 0.22 | 0.19 | 0.25 | 0.26 | 0.25 | 0.23 | 0.18 | 0.16 | 0.115 | 0.15 | 0.16 | 0.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted net income per share | 0.2 | 0.26 | 0.24 | 0.21 | 0.18 | 0.2 | 0.17 | 0.23 | 0.25 | 0.24 | 0.22 | 0.17 | 0.15 | 0.105 | 0.14 | 0.14 | 0.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding used in computing net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 104,111,000 | 104,106,000 | 103,232,000 | 103,371,000 | 103,118,000 | 102,791,000 | 103,560,000 | 102,014,000 | 101,964,000 | 107,885,000 | 106,787,000 | 107,125,000 | 106,289,000 | 106,012 | 115,653 | 115,791 | 116,294 | 116,818 | 115,412 | 115,734 | 115,006 | 114,575 | 114,349 | 113,875 | 114,340 | 114,844 | 115,798 | 115,492 | 114,882 | 113,527 | 113,603 | 113,249 | 112,867 | 110,566 | 110,652 | 110,034 | ||||||||||||||||||||||||||||||||||||||||||||||
diluted | 120,485,000 | 119,819,000 | 113,480,000 | 113,723,000 | 111,244,000 | 109,915,000 | 111,742,000 | 111,099,000 | 109,590,000 | 115,425,000 | 115,966,000 | 116,620,000 | 115,399,000 | 115,037 | 125,963 | 125,136 | 126,680 | 129,668 | 124,194 | 124,464 | 123,234 | 122,226 | 122,566 | 121,762 | 121,783 | 123,895 | 126,159 | 127,515 | 127,733 | 124,515 | 125,651 | 123,011 | 121,189 | 116,139 | 116,419 | 115,329 | ||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gain on available-for-sale investments, net of tax effect of 8, 109, 85 and (81), respectively | -66,250 | -23,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gain on available-for-sale investments, net of tax effect of 16, (170), 77 and (190), respectively | -50,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gain on available-for-sale investments, net of tax effect of 61 and (20), respectively | -192,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gain on available-for-sale investments, net of tax impact of 109, 1, (81) and (123), respectively | 64,750 | -347,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation loss, net of tax | 14,250 | 84,000 | -15,000 | -12,000 | -1,250 | -5,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gain on available-for-sale investments, net of tax impact of (170), (73), (190) and (124), respectively | 545,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gain on available-for-sale investments, net of tax impact of (20) and (52), respectively | 61,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized income on available-for-sale investments, net of tax impact of 1, (16), (123) and 25, respectively | 97,250 | -2,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized income on available-for-sale investments, net of tax impact of (73), , (124) and 41, respectively | 227,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized income on available-for-sale investments, net of tax impact of (52) and 48, respectively | 164,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized income on available-for-sale investments, net of tax impact of (16), 0, 25 and 0, respectively | -19,250 | 50,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive loss: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized income on available-for-sale investments, net of tax impact of , 0, 41 and 0, respectively | 25,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized loss on available-for-sale investments, net of tax impact of 48 and 0, respectively | -152,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gain on available-for-sale investments | -3,500 | 3,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from income taxes | -50,000 | -127,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized loss on available-for-sale investments | -5,000 | -12,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted net income per common share | 40 | 40 | 20 | 10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income and comprehensive income | 4,597,000 | 2,585,000 | 977,000 | -1,841,750 | -601,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income and comprehensive loss | -19,000 | -1,936,000 | -4,830,000 | -6,872,000 | -6,006,000 | -7,552,000 | -13,930,000 | -11,124,000 | -10,906,000 | -11,897,000 | -12,084,000 | -11,124,000 | -8,293,000 | -7,597,000 | -11,034,000 | -6,435,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted net income per share | 0 | -0.018 | -0.01 | -0.02 | -0.05 | -0.068 | -0.06 | -0.07 | -0.14 | -0.11 | -0.11 | -0.12 | -0.12 | -0.11 | -0.08 | -0.09 | -0.13 | -0.08 | -0.023 | -0.1 | -0.025 | -0.1 | -0.075 | -0.11 | -0.1 | -0.01 | -0.04 | -0.1 | -0.233 | -0.28 | -0.23 | -0.18 | -0.06 | -0.24 | -0.24 | -0.18 | -0.18 | -0.28 | ||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding used in computing basic and diluted net income per share | 109,661 | 108,461 | 107,874 | 101,905 | 101,134 | 100,980 | 100,521 | 99,814 | 99,814 | 99,814 | 99,082 | 88,621 | 84,420 | 84,188 | 62,655 | 49,763 | 48,754 | 40,235 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
product sales | 9,014,000 | 7,282,000 | 5,851,000 | 4,405,000 | 4,115,000 | 2,634,000 | 1,891,000 | 1,717,000 | 1,377,000 | 1,055,000 | 875,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | -5,000 | -5,000 | -1,000 | -1,627,000 | -1,620,000 | -11,000 | -1,603,000 | -2,000 | -1,594,000 | -623,000 | -954,000 | -283,000 | -4,000 | -270,000 | -2,000 | -263,000 | -3,000 | -242,000 | -8,000 | -251,000 | -20,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
collaboration revenue | 1,014,000 | 1,008,000 | 6,000 | 1,014,000 | 919,000 | 66,000 | 776,000 | 402,000 | 374,000 | 776,000 | 108,000 | 73,000 | 221,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
research and development* | 3,228,000 | 128,587,000 | 123,274,000 | 4,489,000 | 110,869,000 | 3,342,000 | 110,462,000 | 90,383,000 | 3,300,000 | 91,783,000 | 2,850,000 | 84,497,000 | 1,160,000 | 82,985,000 | 1,601,000 | 59,885,000 | 5,147,000 | 69,728,000 | 4,521,000 | 3,325,000 | 52,248,000 | 4,714,000 | 4,306,513 | 3,098,255 | 2,569,419 | 1,576,584 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative* | 3,209,000 | 47,378,000 | 44,208,000 | 1,575,000 | 39,216,000 | 1,546,000 | 39,348,000 | 30,573,000 | 1,668,000 | 31,783,000 | 1,233,000 | 28,347,000 | 793,000 | 27,393,000 | 1,135,000 | 20,373,000 | 1,402,000 | 21,730,000 | 960,000 | 1,061,000 | 18,159,000 | 1,073,000 | 1,215,881 | 1,159,711 | 1,125,027 | 993,445 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
* includes non-cash stock-based compensation consisting of the following: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 844 | 11,018 | 10,422 | 421 | 9,163 | 399 | 9,167 | 6,987 | 328 | 7,344 | 350 | 6,758 | -108 | 6,215 | 221 | 5,001 | 274 | 5,320 | 180 | 213 | 4,538 | 253 | 289,664 | 354,803 | 439,992 | 390,490 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total non-cash stock-based compensation | 954 | -183,305,000 | -183,305,000 | 16,451 | 15,823 | 484 | 14,371 | 467 | 14,378 | 11,798 | 398 | 12,220 | 414 | 11,446 | -52 | 10,895 | 250 | 9,077 | 377 | 9,668 | 233 | 19 | 8,460 | 327 | 374,437 | 214,322 | 557,132 | 531,492 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
legal settlement | 187,500 | 750,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
*includes non-cash stock-based compensation consisting of the following: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares used in computing basic and diluted net income per share | 8,685.5 | 34,742 | 25,932 | 5,672.75 | 22,719 | 22,621 | 22,594 | 5,644 | 22,576 | 1,381,915 | 22,532,466 | 19,777,534 | 8,959,753 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
______________ * includes non-cash stock-based compensation expense (recovery) consisting of the following: | -1,636,000 | -1,636,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
_______________ *includes non-cash stock-based compensation consisting of the following: | 1,014,000 | 1,014,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
*includes non-cash stock-based compensation of the following: | 138,084,000 | 138,084,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating activities | 51,423,000 | 51,423,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation | 11,982 | 11,982 | 4 | 531 | 531 | 531 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred compensation, net of reversals | 17,533 | 17,533 | 496 | 295 | 76.5 | 306 | 1,251,946 | 1,054,624 | 514,492 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
expense related to stock issued for services or in conjunction with license agreement | 81 | 50 | 5 | 20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest accrued on convertible promissory notes | 10,416 | 10,416 | 5,208 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 8 | -479 | 10.25 | 41 | -507,518 | -713,348 | -182,599 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | -29 | -36 | -1 | -4 | -18,695 | -14,051 | -13,873 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 283 | -425 | -66.25 | -265 | 658,673 | 307,959 | 171,217 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued liabilities | 547 | 100 | -75.25 | -301 | -38,666 | 78,619 | -185,636 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | -13,456 | -10,118 | -1,428.75 | -5,715 | -8,815,748 | -5,375,920 | -2,224,589 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment | -59 | -51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of short-term and long-term investments | -21,120 | -13,531 | -2,374.75 | -9,499 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
maturities of short-term investments | 30,071 | 20,585 | 1,504,823 | 1,504,823 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | 8,892 | 7,003 | 821.5 | 3,286 | -28,259,045 | -18,487,293 | 1,504,823 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock, net of cash paid for issuance costs | 1 | 1 | 49,025,252 | 49,025,252 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible preferred stock, net of cash paid for issuance costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible notes payable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from repayment of stockholder notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of capital leases, net of short-term portion | 45 | 10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 46 | 11 | 49,025,252 | 49,025,252 | -360,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | -4,518 | -3,104 | -607.25 | -2,429 | 11,950,459 | 25,162,039 | -1,079,766 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, at beginning of period | 5,930 | 5,930 | 1,482.5 | 5,930 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, at end of period | 1,412 | 2,826 | 875.25 | 3,501 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-operating expense | -7,000 | -2,000 | -8,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
maturities of short-term and long-term investments | 3,196.25 | 12,785 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -2,604 | -5,208 | -5,208 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
* includes non-cash stock-based compensation expense (credits) of the following | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
expense related to stock issued for services | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
expense related to stock issued in conjunction with license agreement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
expense related to stock issued below fair value | 51,000 | 34,000 | 17,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of investments | -31,713,868 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
maturities of investments | 3,454,823 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible note payable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible promissory notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from repayment of stockholder note | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment to repurchase common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 10,073,103 | 10,073,103 | 10,073,103 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 22,023,562 | 35,235,142 | 8,993,337 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of non-cash financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of convertible promissory notes and accrued interest | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
to common stock | 534,105 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
to convertible preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
* includes non-cash stock-based compensation expense (credits) of the following: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of short-term investments | -19,992,116 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
* includes non-cash stock-based compensation of the following: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of issuance costs related to initial public offering | -360,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock |
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