CRISPR Therapeutics AG(NASDAQ:CRSP)

CRISPR Therapeutics AG, a gene editing company, focuses on developing transformative gene-based medicines for serious human diseases. The company develops its products using Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR)/CRISPR-associated protein 9 (Cas9), a gene editing technolo...
Website: http://www.crisprtx.com
Founded: 1987
Full Time Employees: 458 (Dec 2022)
Sector: Healthcare
Industry: Biotechnology
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At a glance:
Bull Thesis:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 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 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 |
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revenue: | ||||||||||||||||||||||||||||||||||||||
collaboration revenue | 1,000,000 | 200,000,000 | 70,000,000 | 100,000,000 | 6,000 | 94,000 | 158,000 | 178,000 | 12,348,000 | 329,000 | 900,202,000 | 202,000 | 194,000 | 148,000 | 44,000 | 157,000 | 77,016,000 | 211,928,000 | 318,000 | 328,000 | 563,000 | 1,088,000 | 1,358,000 | 32,325,000 | 2,387,000 | 3,582,000 | 2,703,000 | 2,344,000 | 1,549,000 | |||||||||
grant revenue | 458,000 | 864,000 | 889,000 | 892,000 | 865,000 | 691,000 | 602,000 | 517,000 | 504,000 | 762,000 | 551,000 | 495,000 | 499,000 | 337,000 | ||||||||||||||||||||||||
total revenue | 1,458,000 | 864,000 | 889,000 | 892,000 | 865,000 | 35,691,000 | 602,000 | 517,000 | 504,000 | 201,206,000 | 70,000,000 | 100,000,000 | 6,000 | 94,000 | 158,000 | 940,000 | 12,899,000 | 824,000 | 900,701,000 | 539,000 | ||||||||||||||||||
yoy | 68.55% | -97.58% | 47.67% | 72.53% | 71.63% | -82.26% | NaN% | -99.26% | -99.50% | 3353333.33% | NaN% | 44203.80% | 10538.30% | -99.95% | -88.59% | -99.98% | 74.40% | |||||||||||||||||||||
qoq | 68.75% | -2.81% | -0.34% | 3.12% | -97.58% | 5828.74% | 16.44% | 2.58% | -99.75% | NaN% | NaN% | -30.00% | 1666566.67% | -93.62% | -40.51% | -83.19% | -92.71% | 1465.41% | -99.91% | 167005.94% | ||||||||||||||||||
operating expenses: | ||||||||||||||||||||||||||||||||||||||
research and development | 68,574,000 | 83,526,000 | 58,902,000 | 69,894,000 | 72,484,000 | 82,155,000 | 82,160,000 | 80,165,000 | 76,172,000 | 95,144,000 | 90,698,000 | 101,555,000 | 99,935,000 | 103,555,000 | 116,622,000 | 123,223,000 | 118,245,000 | 134,470,000 | 105,321,000 | 108,277,000 | 90,565,000 | 82,365,000 | 71,008,000 | 59,380,000 | 54,193,000 | 48,761,000 | 57,246,000 | 39,533,000 | 33,822,000 | 39,820,000 | 25,633,000 | 19,519,000 | 20,030,000 | 17,845,000 | 17,120,000 | 14,805,000 | 15,572,000 | 12,052,000 |
general and administrative | 17,183,000 | 18,399,000 | 16,931,000 | 18,916,000 | 19,296,000 | 18,124,000 | 17,419,000 | 19,481,000 | 17,953,000 | 16,479,000 | 18,291,000 | 19,032,000 | 22,360,000 | 21,169,000 | 27,001,000 | 26,273,000 | 28,021,000 | 24,127,000 | 24,352,000 | 29,806,000 | 24,517,000 | 25,766,000 | 21,539,000 | 21,353,000 | 19,550,000 | 17,272,000 | 15,519,000 | 15,768,000 | 14,929,000 | 10,175,000 | 12,741,000 | 8,836,000 | 11,323,000 | 8,112,000 | 7,768,000 | 8,642,000 | 12,082,000 | 4,107,000 |
collaboration expense | 45,949,000 | 53,703,000 | 57,115,000 | 45,153,000 | 57,509,000 | 11,153,000 | 52,131,000 | 46,966,000 | 20,000,000 | 23,422,000 | 44,636,000 | 42,192,000 | 6,823,000 | 38,859,000 | 33,922,000 | 30,646,000 | ||||||||||||||||||||||
total operating expenses | 131,706,000 | 155,628,000 | 132,948,000 | 230,216,000 | 149,289,000 | 100,279,000 | 110,732,000 | 151,777,000 | 141,091,000 | 131,623,000 | 132,411,000 | 165,223,000 | 164,487,000 | 131,547,000 | 182,482,000 | 183,418,000 | 176,912,000 | 158,597,000 | 129,673,000 | 138,083,000 | 115,082,000 | 108,131,000 | 92,547,000 | 80,733,000 | 73,743,000 | 66,033,000 | 72,765,000 | 55,301,000 | 48,751,000 | 49,995,000 | 38,374,000 | 28,355,000 | 31,353,000 | 25,957,000 | 24,888,000 | 23,447,000 | 27,654,000 | 16,159,000 |
income from operations | -130,248,000 | -154,764,000 | -132,059,000 | -229,324,000 | -148,424,000 | -64,588,000 | -110,130,000 | -151,260,000 | -140,587,000 | 69,583,000 | -132,411,000 | -95,223,000 | -64,487,000 | -131,541,000 | -182,388,000 | -183,260,000 | -175,972,000 | -145,698,000 | -128,849,000 | 762,618,000 | -114,543,000 | -107,761,000 | -92,399,000 | -80,689,000 | -73,586,000 | 10,983,000 | 139,163,000 | -54,983,000 | -48,423,000 | -49,432,000 | -37,286,000 | -26,997,000 | 972,000 | -23,570,000 | -21,306,000 | -20,744,000 | -25,310,000 | -14,610,000 |
yoy | -12.25% | 139.62% | 19.91% | 51.61% | 5.57% | -192.82% | -16.83% | 58.85% | 118.01% | -152.90% | -27.40% | -48.04% | -63.35% | -9.72% | 41.55% | -124.03% | 53.63% | 35.20% | 39.45% | -1045.13% | 55.66% | -1081.16% | -166.40% | 46.75% | 51.96% | -122.22% | -473.23% | 103.66% | -5081.79% | 109.72% | 75.00% | 30.14% | -103.84% | 61.33% | ||||
qoq | -15.84% | 17.19% | -42.41% | 54.51% | 129.80% | -41.35% | -27.19% | 7.59% | -302.04% | -152.55% | 39.05% | 47.66% | -50.98% | -27.88% | -0.48% | 4.14% | 20.78% | 13.08% | -116.90% | -765.79% | 6.29% | 16.63% | 14.51% | 9.65% | -770.00% | -92.11% | -353.10% | 13.55% | -2.04% | 32.58% | 38.11% | -2877.47% | -104.12% | 10.63% | 2.71% | -18.04% | 73.24% | |
operating margin % | -8933.33% | -17912.50% | -14854.78% | -25708.97% | -17158.84% | -180.96% | -18294.02% | -29257.25% | -27894.25% | 34.58% | NaN% | -136.03% | -64.49% | -2192350.00% | -194029.79% | -115987.34% | -18720.43% | -1129.53% | -15637.01% | 84.67% | -21251.02% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% |
other income: | ||||||||||||||||||||||||||||||||||||||
other income | 8,156,000 | 24,765,000 | 26,237,000 | 22,067,000 | 13,537,000 | 27,977,000 | 25,064,000 | 26,139,000 | 24,720,000 | 19,997,000 | 20,671,000 | 18,406,000 | 12,742,000 | 11,490,000 | 7,264,000 | 3,544,000 | 363,000 | 2,197,000 | 1,101,000 | 750,000 | 1,955,000 | 575,000 | 160,000 | 1,412,000 | 4,232,000 | 19,563,000 | 2,964,000 | 2,381,000 | 1,125,000 | -130,000 | 155,000 | -126,000 | 41,000 | -71,000 | -161,000 | -6,000 | 78,653,000 | -75,000 |
total other income | 8,156,000 | 24,765,000 | 26,237,000 | 22,067,000 | 13,537,000 | 27,977,000 | 25,064,000 | 26,139,000 | 24,720,000 | 19,997,000 | 20,671,000 | 18,406,000 | 12,742,000 | 11,490,000 | 7,264,000 | 3,544,000 | 363,000 | 2,197,000 | 1,101,000 | 750,000 | 1,955,000 | 575,000 | 160,000 | 1,412,000 | 4,232,000 | 19,563,000 | -466,000 | 1,369,000 | 100,000 | -1,217,000 | -412,000 | -430,000 | -666,000 | -452,000 | 42,808,000 | -76,000 | ||
net loss before income taxes | -122,092,000 | -129,999,000 | -105,822,000 | -207,257,000 | -134,887,000 | -36,611,000 | -85,066,000 | -125,121,000 | -115,867,000 | -60,075,500 | -111,740,000 | -76,817,000 | -51,745,000 | -175,609,000 | -112,588,000 | -79,277,000 | -69,354,000 | -53,614,000 | ||||||||||||||||||||
provision for income taxes | -839,000 | -614,000 | -619,000 | -1,292,000 | -1,109,000 | -721,750 | -876,000 | -1,287,000 | -724,000 | -923,000 | -1,320,000 | -6,118,000 | -3,608,000 | -4,143,000 | -575,000 | 147,000 | -200,000 | -379,000 | -377,000 | -4,000 | -274,000 | -85,000 | ||||||||||||||||
net income | -122,931,000 | -130,613,000 | -106,441,000 | -208,549,000 | -135,996,000 | -37,311,000 | -85,942,000 | -126,408,000 | -116,591,000 | 89,347,000 | -112,152,000 | -77,740,000 | -53,065,000 | -110,575,000 | -174,549,000 | -185,834,000 | -179,217,000 | -141,248,000 | -127,153,000 | 759,225,000 | -113,163,000 | -107,039,000 | -92,439,000 | -79,656,000 | -69,731,000 | 30,542,000 | 138,423,000 | -53,699,000 | -48,408,000 | -50,711,000 | -38,380,000 | -28,300,000 | 141,000 | -24,707,000 | -22,315,000 | -21,475,000 | 17,098,000 | -14,694,000 |
yoy | -9.61% | 250.07% | 23.85% | 64.98% | 16.64% | -141.76% | -23.37% | 62.60% | 119.71% | -180.80% | -35.75% | -58.17% | -70.39% | -21.72% | 37.27% | -124.48% | 58.37% | 31.96% | 37.55% | -1053.13% | 62.29% | -450.46% | -166.78% | 48.34% | 44.05% | -160.23% | -460.66% | 89.75% | -34431.91% | 105.25% | 71.99% | 31.78% | -99.18% | 68.14% | ||||
qoq | -5.88% | 22.71% | -48.96% | 53.35% | 264.49% | -56.59% | -32.01% | 8.42% | -230.49% | -179.67% | 44.27% | 46.50% | -52.01% | -36.65% | -6.07% | 3.69% | 26.88% | 11.09% | -116.75% | -770.91% | 5.72% | 15.79% | 16.05% | 14.23% | -328.31% | -77.94% | -357.78% | 10.93% | -4.54% | 32.13% | 35.62% | -20170.92% | -100.57% | 10.72% | 3.91% | -225.60% | -216.36% | |
net income margin % | -8431.48% | -15117.25% | -11973.12% | -23379.93% | -15722.08% | -104.54% | -14276.08% | -24450.29% | -23133.13% | 44.41% | NaN% | -111.06% | -53.06% | -1842916.67% | -185690.43% | -117616.46% | -19065.64% | -1095.03% | -15431.19% | 84.29% | -20994.99% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% |
foreign currency translation adjustment | -32,000 | 1,000 | -28,000 | 80,000 | 41,000 | -87,000 | 76,000 | 2,000 | -11,000 | 61,000 | -49,000 | 28,000 | 32,000 | 115,000 | -100,000 | -69,000 | -27,000 | 3,000 | -24,000 | 5,000 | 5,000 | 37,000 | 31,000 | -3,000 | -25,000 | 29,000 | -12,000 | -10,000 | 8,000 | -6,000 | -21,000 | 12,000 | 2,000 | 8,000 | 6,000 | 24,000 | -1,000 | |
unrealized gain on marketable securities | -6,730,000 | -166,000 | 973,000 | -174,000 | 2,254,000 | -8,638,000 | 13,368,000 | -1,329,000 | -3,454,000 | 8,649,000 | 2,160,000 | 452,000 | 6,227,000 | |||||||||||||||||||||||||
comprehensive loss | -129,693,000 | -130,778,000 | -105,496,000 | -208,643,000 | -133,701,000 | -46,036,000 | -72,498,000 | -127,735,000 | -120,056,000 | -58,526,750 | -110,041,000 | -77,260,000 | -46,806,000 | -191,043,000 | -113,541,000 | -79,659,000 | -69,756,000 | -53,709,000 | -48,400,000 | -50,717,000 | -38,401,000 | -28,288,000 | 143,000 | -24,699,000 | -22,309,000 | -21,451,000 | 17,098,000 | -14,695,000 | ||||||||||
net loss per common share — basic | -1,280 | -1,350 | -1,170 | -2,400 | -1,580 | -420 | -1,010 | -1,490 | -1,430 | -767.5 | -1,410 | -980 | -670 | -2,320 | -1,510 | |||||||||||||||||||||||
basic weighted-average common shares outstanding | 96,051,228,000 | 89,925,109,000 | 91,305,337,000 | 87,069,690,000 | 85,938,720,000 | 84,359,126,000 | 85,234,926,000 | 84,920,929,000 | 81,794,630,000 | 79,220,930,000 | 79,414,098,000 | 79,091,061,000 | 78,676,986,000 | 77,746,575,000 | 78,021,520,000 | 77,513,327,000 | 77,098,319,000 | 75,948,686,000 | 76,288,534,000 | 75,826,594,000 | 75,005,187,000 | 65,949,672,000 | 70,143,481,000 | |||||||||||||||
net loss per common share — diluted | -1,280 | -1,350 | -1,170 | -2,400 | -1,580 | -420 | -1,010 | -1,490 | -1,430 | -767.5 | -1,410 | -980 | -670 | -2,320 | -1,510 | |||||||||||||||||||||||
diluted weighted-average common shares outstanding | 96,051,228,000 | 89,925,109,000 | 91,305,337,000 | 87,069,690,000 | 85,938,720,000 | 84,359,126,000 | 85,234,926,000 | 84,920,929,000 | 81,794,630,000 | 79,220,930,000 | 79,414,098,000 | 79,091,061,000 | 78,676,986,000 | 77,746,575,000 | 78,021,520,000 | 77,513,327,000 | 77,098,319,000 | 80,393,496,000 | 76,288,534,000 | 80,449,956,000 | 75,005,187,000 | 65,949,672,000 | 70,143,481,000 | |||||||||||||||
acquired in-process research and development | 96,253,000 | |||||||||||||||||||||||||||||||||||||
benefit for income taxes | -233,000 | -412,000 | 9,476,000 | 575,000 | -1,030,750 | 595,000 | ||||||||||||||||||||||||||||||||
net income before income taxes | -120,051,000 | -175,124,000 | -179,716,000 | -143,501,000 | -127,748,000 | 763,368,000 | -107,186,000 | -92,239,000 | 30,546,000 | 138,697,000 | -48,323,000 | -50,574,000 | -38,284,000 | -28,214,000 | -16,792,000 | -24,000,000 | -21,972,000 | -21,196,000 | ||||||||||||||||||||
unrealized loss on marketable securities | 6,501,000 | -1,820,000 | -3,380,000 | -11,799,000 | -4,300,000 | -117,000 | -173,000 | -383,000 | 14,000 | -144,000 | ||||||||||||||||||||||||||||
comprehensive income | -103,959,000 | -176,469,000 | -189,283,000 | -145,545,000 | -127,294,000 | 759,057,000 | -106,988,000 | -92,552,000 | 30,571,000 | 138,411,000 | ||||||||||||||||||||||||||||
net income per common share — basic | -1,400 | -2,240 | -2,400 | -1,880 | -1,670 | 10,010 | -1,520 | -1,320 | ||||||||||||||||||||||||||||||
net income per common share — diluted | -1,400 | -2,240 | -2,400 | -1,740 | -1,670 | 9,440 | -1,520 | -1,320 | ||||||||||||||||||||||||||||||
loss from equity method investment | -3,430,000 | -1,012,000 | ||||||||||||||||||||||||||||||||||||
including the following revenue from a related party, see notes 7 & 12: | ||||||||||||||||||||||||||||||||||||||
including the following research and development expense with a related party, see notes 7 & 12: | ||||||||||||||||||||||||||||||||||||||
net income per share | -1.3 | -1.15 | 0.55 | 2.52 | -1.01 | -0.93 | -1.07 | -0.82 | -0.62 | 0.01 | -0.62 | -0.56 | -0.54 | 5.54 | -2.77 | |||||||||||||||||||||||
weighted-average common shares outstanding used in net loss per share attributable to common shareholders—basic and diluted | 61,420,746 | 60,847,683 | 53,188,041 | |||||||||||||||||||||||||||||||||||
including the following revenue from a related party, see notes 5 & 10: | ||||||||||||||||||||||||||||||||||||||
including the following research and development expense with a related party, see notes 5 & 10: | ||||||||||||||||||||||||||||||||||||||
reconciliation of net income to net income attributable to common shareholders: | ||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding used in net income (loss) per share attributable to common shareholders—basic | 54,392,304 | 54,829,057 | ||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding used in net income (loss) per share attributable to common shareholders—diluted | 56,932,798 | 57,598,901 | ||||||||||||||||||||||||||||||||||||
including the following revenue from a related party, see notes 6 & 11: | 53,143.5 | 211,928 | 318 | 328 | ||||||||||||||||||||||||||||||||||
including the following research and development expense with a related party, see notes 6 & 11: | 8,005.5 | 17,563 | 6,870 | 7,587 | ||||||||||||||||||||||||||||||||||
reconciliation of net loss to net loss attributable to common shareholders: | ||||||||||||||||||||||||||||||||||||||
income from equity method investment | -1,025,000 | -1,012,000 | -1,153,000 | -1,091,000 | -453,000 | -359,000 | -505,000 | -446,000 | -35,846,000 | |||||||||||||||||||||||||||||
benefit from income taxes | -85,000 | -137,000 | -96,000 | -86,000 | -419,000 | -707,000 | -343,000 | -279,000 | ||||||||||||||||||||||||||||||
weighted-average common shares outstanding used in net income per share attributable to common shareholders—basic and diluted | 52,093,208 | 47,391,988 | 46,842,316 | 45,877,428 | 40,057,365 | 40,088,718 | 39,895,938 | 39,725,947 | 12,257,483 | 5,292,348 | ||||||||||||||||||||||||||||
other | ||||||||||||||||||||||||||||||||||||||
total other (expense) | -1,142,000 | -998,000 | ||||||||||||||||||||||||||||||||||||
including the following revenue from a related party, see notes 6 & 10: | 443 | |||||||||||||||||||||||||||||||||||||
including the following research and development expense with a related party, see notes 6 & 10: | 418 | |||||||||||||||||||||||||||||||||||||
including the following revenue from a related party, see note 10: | 881 | 1,082 | ||||||||||||||||||||||||||||||||||||
including the following research and development expense with a related party, see note 10: | 1,246 | 1,106 | ||||||||||||||||||||||||||||||||||||
interest expense | 1,000 | -1,000 | ||||||||||||||||||||||||||||||||||||
gain on extinguishment of convertible loan | ||||||||||||||||||||||||||||||||||||||
loss attributable to noncontrolling interest | 1,000 | 14,000 | ||||||||||||||||||||||||||||||||||||
net income attributable to common shareholders | 141,000 | -24,707,000 | -22,315,000 | -21,475,000 | 17,099,000 | -14,680,000 | ||||||||||||||||||||||||||||||||
including the following revenue from a related party, see note 11: | 972 | 1,249 | 1,475 | |||||||||||||||||||||||||||||||||||
including the following research and development expense with a related party, see note 11: | 924.75 | 1,208 | 1,355 | |||||||||||||||||||||||||||||||||||
including the following amounts of revenue from a related party, see note 11: | 1,164 | |||||||||||||||||||||||||||||||||||||
including the following amounts of research and development expense with a related party, see note 11: | 1,136 | |||||||||||||||||||||||||||||||||||||
net income before benefit from income taxes | 17,498,000 | -14,686,000 | ||||||||||||||||||||||||||||||||||||
(benefit from) benefit from income taxes | -400,000 | -8,000 | ||||||||||||||||||||||||||||||||||||
including the following amounts of revenue from a related party, see note 13: | 96.25 | 385 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 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 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 423,308,000 | 347,559,000 | 286,497,000 | 193,618,000 | 235,184,000 | 298,257,000 | 225,670,000 | 484,472,000 | 707,427,000 | 389,477,000 | 527,765,000 | 444,796,000 | 344,407,000 | 211,885,000 | 494,151,000 | 496,893,000 | 683,906,000 | 923,031,000 | 1,011,548,000 | 1,646,646,000 | 1,126,059,000 | 1,168,620,000 | 1,041,417,000 | 945,068,000 | 889,712,000 | 943,771,000 | 629,717,000 | 427,885,000 | 437,549,000 | |||||||||
marketable securities | 2,018,477,000 | 1,628,269,000 | 1,629,213,000 | 1,527,619,000 | 1,620,101,000 | 1,605,569,000 | 1,709,975,000 | 1,517,147,000 | 1,400,698,000 | 1,304,215,000 | 1,212,061,000 | 1,323,307,000 | 1,538,763,000 | 1,603,433,000 | 1,401,824,000 | 1,568,446,000 | 1,537,355,000 | 1,456,098,000 | 1,465,812,000 | 942,800,000 | 680,144,000 | 521,713,000 | 324,573,000 | |||||||||||||||
prepaid expenses and other current assets | 6,577,000 | 9,843,000 | 13,382,000 | 12,429,000 | 12,326,000 | 8,306,000 | 8,246,000 | 8,788,000 | 11,499,000 | 14,386,000 | 20,760,000 | 21,469,000 | 24,796,000 | 37,708,000 | 36,679,000 | 41,651,000 | 39,212,000 | 38,079,000 | 41,423,000 | 31,347,000 | 26,006,000 | 26,143,000 | 24,839,000 | 20,517,000 | 14,453,000 | 1,511,000 | 946,000 | |||||||||||
total current assets | 2,448,362,000 | 1,985,671,000 | 1,929,092,000 | 1,733,666,000 | 1,867,611,000 | 1,937,132,000 | 1,943,891,000 | 2,010,407,000 | 2,119,624,000 | 1,908,078,000 | 1,760,586,000 | 1,859,572,000 | 1,907,966,000 | 1,853,026,000 | 1,932,703,000 | 2,107,056,000 | 2,260,616,000 | 2,417,513,000 | 2,518,935,000 | 2,620,943,000 | 1,832,359,000 | 1,716,620,000 | 1,390,939,000 | 965,618,000 | 929,282,000 | 987,547,000 | 664,065,000 | 438,473,000 | 449,796,000 | 496,688,000 | 330,549,000 | 351,478,000 | 248,385,000 | 258,586,000 | 281,285,000 | 296,462,000 | 320,188,000 | 231,651,000 |
property and equipment | 112,175,000 | 115,851,000 | 120,831,000 | 124,926,000 | 129,426,000 | 134,093,000 | 138,542,000 | 143,031,000 | 147,253,000 | 151,945,000 | 156,122,000 | 159,172,000 | 162,198,000 | 163,634,000 | 166,110,000 | 165,194,000 | 157,453,000 | 137,575,000 | 105,883,000 | 75,414,000 | 51,913,000 | 42,160,000 | 37,924,000 | 34,444,000 | 31,773,000 | 31,330,000 | 21,074,000 | 20,156,000 | 18,871,000 | 18,097,000 | 18,395,000 | 18,907,000 | 18,857,000 | 19,564,000 | 19,927,000 | 22,165,000 | 21,027,000 | 3,862,000 |
restricted cash | 7,629,000 | 7,629,000 | 8,006,000 | 8,006,000 | 8,006,000 | 11,519,000 | 11,520,000 | 11,520,000 | 11,516,000 | 11,591,000 | 11,830,000 | 11,799,000 | 11,717,000 | 11,635,000 | 12,123,000 | 12,123,000 | 12,123,000 | 16,913,000 | 16,848,000 | 18,071,000 | 16,844,000 | 16,848,000 | 16,845,000 | 6,303,000 | 5,041,000 | 5,041,000 | 3,915,000 | 3,915,000 | 3,163,000 | 3,165,000 | 3,165,000 | 3,165,000 | 3,154,000 | 3,154,000 | 3,154,000 | 3,151,000 | 3,150,000 | 3,153,000 |
operating lease assets | 128,671,000 | 131,724,000 | 134,659,000 | 137,641,000 | 140,277,000 | 143,461,000 | 146,286,000 | 148,538,000 | 151,254,000 | 153,993,000 | 156,215,000 | 159,352,000 | 153,346,000 | 156,921,000 | 161,507,000 | 166,740,000 | 171,541,000 | 174,460,000 | 175,132,000 | 179,381,000 | 50,129,000 | 50,865,000 | 38,454,000 | 39,297,000 | 40,321,000 | 41,502,000 | 30,619,000 | 30,770,000 | 25,098,000 | |||||||||
other non-current assets | 28,983,000 | 24,368,000 | 24,308,000 | 25,472,000 | 20,782,000 | 15,829,000 | 15,891,000 | 15,141,000 | 9,368,000 | 1,975,000 | 2,047,000 | 2,175,000 | 2,760,000 | 4,640,000 | 3,682,000 | 3,760,000 | 4,330,000 | 5,291,000 | 4,788,000 | 5,557,000 | 6,498,000 | 1,293,000 | 662,000 | 662,000 | 662,000 | 1,097,000 | 668,000 | 669,000 | 669,000 | 650,000 | 704,000 | 571,000 | 606,000 | 657,000 | 237,000 | 183,000 | 198,000 | 3,888,000 |
total assets | 2,725,820,000 | 2,265,243,000 | 2,245,308,000 | 2,029,711,000 | 2,166,102,000 | 2,242,034,000 | 2,256,130,000 | 2,339,853,000 | 2,439,017,000 | 2,229,571,000 | 2,086,830,000 | 2,197,014,000 | 2,244,364,000 | 2,243,057,000 | 2,353,356,000 | 2,463,363,000 | 2,606,175,000 | 2,751,877,000 | 2,821,725,000 | 2,899,519,000 | 1,957,910,000 | 1,827,966,000 | 1,485,018,000 | 1,046,532,000 | 1,007,300,000 | 1,066,752,000 | 720,590,000 | 494,245,000 | 497,873,000 | 518,903,000 | 353,130,000 | 374,452,000 | 271,346,000 | 282,319,000 | 304,975,000 | 322,346,000 | 344,962,000 | 278,653,000 |
liabilities and shareholders’ equity | ||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||
accounts payable | 13,647,000 | 11,138,000 | 11,798,000 | 9,753,000 | 13,064,000 | 14,709,000 | 15,578,000 | 9,452,000 | 16,463,000 | 38,147,000 | 26,152,000 | 27,588,000 | 45,153,000 | 27,428,000 | 32,114,000 | 25,244,000 | 27,111,000 | 14,816,000 | 10,167,000 | 10,145,000 | 13,072,000 | 9,094,000 | 19,020,000 | 13,219,000 | 11,277,000 | 5,944,000 | 3,374,000 | 7,143,000 | 7,131,000 | 5,221,000 | 4,479,000 | 2,546,000 | 1,639,000 | 2,116,000 | 2,559,000 | 3,937,000 | 4,569,000 | 1,943,000 |
accrued expenses | 74,932,000 | 89,407,000 | 84,182,000 | 73,738,000 | 84,615,000 | 41,072,000 | 47,204,000 | 91,883,000 | 76,432,000 | 45,335,000 | 66,405,000 | 89,838,000 | 85,631,000 | 77,682,000 | 102,954,000 | 82,223,000 | 72,632,000 | 91,003,000 | 68,303,000 | 67,101,000 | 49,864,000 | 53,782,000 | 35,445,000 | 36,685,000 | 21,924,000 | 12,402,000 | ||||||||||||
deferred revenue, current | 15,344,000 | 15,771,000 | 1,295,000 | 2,129,000 | 3,021,000 | 3,845,000 | 4,483,000 | 4,759,000 | 4,072,000 | 4,105,000 | 3,500,000 | 1,011,000 | 1,562,000 | 2,071,000 | 1,802,000 | 2,341,000 | 610,000 | 759,000 | 803,000 | |||||||||||||||||||
accrued tax liabilities | 638,000 | 1,113,000 | 3,426,000 | 715,000 | 1,241,000 | 451,000 | 838,000 | 454,000 | 1,207,000 | 438,000 | 176,000 | 558,000 | 273,000 | 135,000 | 4,272,000 | 3,953,000 | 2,608,000 | 724,000 | 3,265,000 | 4,463,000 | 3,356,000 | 10,473,000 | 6,348,000 | 1,507,000 | 284,000 | 583,000 | 1,478,000 | 542,000 | 615,000 | 24,000 | 47,000 | 433,000 | 347,000 | 427,000 | 272,000 | 190,000 | 23,000 | 82,000 |
operating lease liabilities | 18,612,000 | 18,578,000 | 18,256,000 | 18,027,000 | 17,506,000 | 17,288,000 | 16,883,000 | 16,451,000 | 15,992,000 | 15,625,000 | 15,001,000 | 14,833,000 | 15,717,000 | 15,842,000 | 11,260,000 | 8,267,000 | 11,076,000 | 12,158,000 | 12,641,000 | 15,875,000 | 12,063,000 | 11,362,000 | 10,640,000 | 9,906,000 | 9,005,000 | 8,489,000 | 4,805,000 | 4,880,000 | 4,899,000 | |||||||||
other current liabilities | 13,113,000 | 13,113,000 | 10,417,000 | 4,824,000 | 4,824,000 | 4,824,000 | 5,141,000 | 20,000 | 20,000 | 20,000 | 270,000 | 270,000 | 270,000 | 171,000 | 268,000 | 268,000 | 2,933,000 | 7,207,000 | 12,086,000 | 12,429,000 | 11,793,000 | 10,950,000 | 219,000 | 73,000 | 171,000 | 226,000 | 162,000 | 137,000 | 62,000 | 68,000 | 62,000 | 59,000 | 62,000 | |||||
total current liabilities | 136,286,000 | 149,120,000 | 118,957,000 | 104,362,000 | 119,447,000 | 87,782,000 | 89,810,000 | 127,823,000 | 118,990,000 | 108,791,000 | 111,234,000 | 132,837,000 | 146,794,000 | 121,107,000 | 150,870,000 | 119,957,000 | 113,697,000 | 119,883,000 | 96,206,000 | 99,923,000 | 83,090,000 | 94,259,000 | 84,149,000 | 74,505,000 | 55,086,000 | 57,106,000 | 79,779,000 | 31,412,000 | 28,398,000 | 32,278,000 | 18,481,000 | 14,395,000 | 14,511,000 | 12,117,000 | 15,814,000 | 16,915,000 | 21,998,000 | 78,097,000 |
long-term debt | 585,470,000 | |||||||||||||||||||||||||||||||||||||
operating lease liabilities, net of current portion | 183,560,000 | 188,168,000 | 192,768,000 | 197,425,000 | 201,852,000 | 206,405,000 | 210,662,000 | 214,852,000 | 218,935,000 | 223,007,000 | 226,585,000 | 230,342,000 | 224,552,000 | 228,179,000 | 230,895,000 | 234,160,000 | 227,904,000 | 212,872,000 | 192,734,000 | 175,329,000 | 49,408,000 | 50,067,000 | 38,570,000 | 40,317,000 | 42,390,000 | 44,050,000 | 36,827,000 | 37,200,000 | 31,728,000 | |||||||||
other non-current liabilities | 5,948,000 | 6,142,000 | 5,278,000 | 4,476,000 | 3,320,000 | 3,444,000 | 3,677,000 | 3,646,000 | 3,615,000 | 958,000 | 5,394,000 | 5,484,000 | 5,799,000 | 5,969,000 | 5,314,000 | 6,092,000 | 7,335,000 | 7,339,000 | 8,086,000 | 8,697,000 | 8,138,000 | 7,630,000 | 7,222,000 | 9,264,000 | 11,951,000 | 14,395,000 | 235,000 | 220,000 | 182,000 | 273,000 | 283,000 | 298,000 | 314,000 | 175,000 | 198,000 | 177,000 | 189,000 | 574,000 |
total liabilities | 911,264,000 | 343,430,000 | 329,326,000 | 318,586,000 | 336,942,000 | 309,954,000 | 316,472,000 | 358,904,000 | 355,081,000 | 346,768,000 | 359,036,000 | 380,986,000 | 389,468,000 | 367,578,000 | 399,402,000 | 372,532,000 | 361,259,000 | 352,417,000 | 308,802,000 | 295,724,000 | 152,412,000 | 163,732,000 | 141,717,000 | 135,862,000 | 121,203,000 | 127,327,000 | 128,712,000 | 126,562,000 | 118,063,000 | 101,589,000 | 87,976,000 | 84,117,000 | 83,514,000 | 103,361,000 | 107,172,000 | 107,171,000 | 112,116,000 | 155,620,000 |
commitments and contingencies, see note 7 | ||||||||||||||||||||||||||||||||||||||
shareholders’ equity: | ||||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 nominal value, 132,477,166 shares authorized at march 31, 2026 and at december 31, 2025, 96,500,822 and 96,009,657 shares issued at march 31, 2026 and december 31, 2025, respectively, 96,385,506 and 95,894,341 shares outstanding at march 31, 2026 and december 31, 2025, respectively | 3,115,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 115,316 shares at march 31, 2026 and at december 31, 2025 | -60,000 | |||||||||||||||||||||||||||||||||||||
additional paid-in capital | 3,883,924,000 | 3,861,516,000 | 3,724,981,000 | 3,414,849,000 | 3,324,314,000 | 3,293,556,000 | 3,255,112,000 | 3,223,924,000 | 3,199,183,000 | 2,878,155,000 | 2,821,225,000 | 2,799,420,000 | 2,761,050,000 | 2,734,838,000 | 2,709,361,000 | 2,669,782,000 | 2,634,597,000 | 2,598,114,000 | 2,566,057,000 | 2,529,649,000 | 2,490,421,000 | 2,235,679,000 | 1,807,878,000 | 1,282,952,000 | 1,178,770,000 | 1,162,345,000 | 845,526,000 | 759,796,000 | 718,255,000 | 659,776,000 | 457,032,000 | 443,774,000 | 312,018,000 | 303,292,000 | 297,446,000 | 292,519,000 | 288,739,000 | 11,553,000 |
accumulated deficit | -2,070,482,000 | -1,947,551,000 | -1,816,938,000 | -1,710,497,000 | -1,501,948,000 | -1,365,952,000 | -1,328,641,000 | -1,242,699,000 | -1,116,291,000 | -999,700,000 | -1,089,047,000 | -976,895,000 | -899,155,000 | -846,090,000 | -735,515,000 | -560,966,000 | -375,132,000 | -195,915,000 | -54,667,000 | -686,739,000 | -573,576,000 | -466,537,000 | -374,098,000 | -294,442,000 | -224,711,000 | -255,253,000 | -393,676,000 | -339,977,000 | -243,979,000 | -193,268,000 | -154,888,000 | -125,440,000 | -125,580,000 | -100,873,000 | -78,558,000 | -57,083,000 | -74,182,000 | |
accumulated other comprehensive income | -1,941,000 | 4,821,000 | 4,986,000 | 4,041,000 | 4,135,000 | 1,840,000 | 10,565,000 | -2,879,000 | -1,552,000 | 1,913,000 | -83,000 | -134,000 | -21,000 | -18,000 | 7,000 | -1,000 | 5,000 | 26,000 | 14,000 | 12,000 | 4,000 | |||||||||||||||||
total shareholders’ equity | 1,814,556,000 | 1,921,813,000 | 1,915,982,000 | 1,711,125,000 | 1,932,080,000 | 1,882,803,000 | 1,875,479,000 | 2,399,460,000 | 1,664,234,000 | 187,832,000 | 197,803,000 | 215,175,000 | 232,846,000 | |||||||||||||||||||||||||
total liabilities and shareholders’ equity | 2,725,820,000 | 2,265,243,000 | 2,245,308,000 | 2,029,711,000 | 2,166,102,000 | 2,242,034,000 | 2,256,130,000 | 2,339,853,000 | 2,439,017,000 | 2,229,571,000 | 2,086,830,000 | 2,197,014,000 | 2,244,364,000 | 2,243,057,000 | 2,353,356,000 | 2,463,363,000 | 2,606,175,000 | 2,751,877,000 | 2,821,725,000 | 2,899,519,000 | 1,957,910,000 | 1,827,966,000 | 1,485,018,000 | 1,046,532,000 | 1,007,300,000 | 1,066,752,000 | 720,590,000 | 494,245,000 | 497,873,000 | 518,903,000 | 353,130,000 | 374,452,000 | 271,346,000 | 282,319,000 | 304,975,000 | 322,346,000 | ||
accounts receivable | 25,000,000 | 200,000,000 | 70,000,000 | 49,000 | 66,000 | 143,000 | 305,000 | 152,000 | 150,000 | 150,000 | 144,000 | 110,000 | 33,000 | 25,117,000 | ||||||||||||||||||||||||
deferred revenue, non-current | 12,323,000 | 12,323,000 | 12,323,000 | 12,323,000 | 12,323,000 | 12,583,000 | 13,541,000 | 14,012,000 | 15,823,000 | 12,323,000 | 12,323,000 | 12,323,000 | 12,323,000 | 12,323,000 | 12,323,000 | 12,323,000 | 11,776,000 | 11,775,000 | 11,776,000 | 11,776,000 | 11,776,000 | 11,776,000 | 11,776,000 | |||||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 nominal value, 132,477,166 shares authorized at december 31, 2025 and december 31, 2024, 96,009,657 and 85,912,297 shares issued at december 31, 2025 and december 31, 2024, respectively, 95,894,341 and 85,741,981 shares outstanding at december 31, 2025 and december 31, 2024, respectively | 3,087,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 115,316 and 170,316 shares at december 31, 2025 and december 31, 2024, respectively | -60,000 | |||||||||||||||||||||||||||||||||||||
marketable securities, non-current | 28,412,000 | 11,216,000 | 1,973,000 | 4,901,000 | 6,320,000 | 53,130,000 | 77,147,000 | 8,392,000 | ||||||||||||||||||||||||||||||
common shares, chf 0.03 nominal value, 132,477,166 shares authorized at september 30, 2025 and at december 31, 2024, 93,998,110 and 85,912,297 shares issued at september 30, 2025 and december 31, 2024, respectively, 93,872,794 and 85,741,981 shares outstanding at september 30, 2025 and december 31, 2024, respectively | 3,013,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 125,316 and 170,316 shares at september 30, 2025 and december 31, 2024, respectively | -60,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 nominal value, 132,477,166 shares authorized at june 30, 2025 and at december 31, 2024, 88,546,755 and 85,912,297 shares issued at june 30, 2025 and december 31, 2024, respectively, 88,376,439 and 85,741,981 shares outstanding at june 30, 2025 and december 31, 2024, respectively | 2,794,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 170,316 shares at june 30, 2025 and at december 31, 2024 | -62,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 nominal value, 132,477,166 shares authorized at march 31, 2025 and at december 31, 2024, 86,531,240 and 85,912,297 shares issued at march 31, 2025 and december 31, 2024, respectively, 86,360,924 and 85,741,981 shares outstanding at march 31, 2025 and december 31, 2024, respectively | 2,721,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 170,316 shares at march 31, 2025 and at december 31, 2024 | -62,000 | |||||||||||||||||||||||||||||||||||||
total shareholders' equity | 1,829,160,000 | 1,939,658,000 | 1,980,949,000 | 2,083,936,000 | 1,727,794,000 | 1,816,028,000 | 1,854,896,000 | 1,953,954,000 | 2,090,831,000 | 2,244,916,000 | 2,512,923,000 | 2,603,795,000 | 1,805,498,000 | 1,343,301,000 | 910,670,000 | 886,097,000 | 939,425,000 | 591,878,000 | 367,683,000 | 379,810,000 | 417,314,000 | 265,154,000 | 290,335,000 | 178,958,000 | ||||||||||||||
intangible assets | 2,000 | 16,000 | 30,000 | 43,000 | 57,000 | 71,000 | 84,000 | 98,000 | 112,000 | 125,000 | 139,000 | 153,000 | 167,000 | 180,000 | 194,000 | 208,000 | 221,000 | 235,000 | 249,000 | 262,000 | 276,000 | 303,000 | 317,000 | 331,000 | 344,000 | 358,000 | 372,000 | 385,000 | 399,000 | 413,000 | ||||||||
common shares, chf 0.03 nominal value, 132,477,166 and 126,536,183 shares authorized at december 31, 2024 and december 31, 2023, respectively, 85,912,297 and 80,214,694 shares issued at december 31, 2024 and december 31, 2023, respectively, 85,741,981 and 80,044,378 shares outstanding at december 31, 2024 and december 31, 2023, respectively | 2,698,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 170,316 shares at december 31, 2024 and at december 31, 2023 | -62,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 nominal value, 132,477,166 and 126,536,183 shares authorized at september 30, 2024 and december 31, 2023, respectively, 85,506,092 and 80,214,694 shares issued at september 30, 2024 and december 31, 2023, respectively, 85,335,776 and 80,044,378 shares outstanding at september 30, 2024 and december 31, 2023, respectively | 2,684,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 170,316 shares at september 30, 2024 and at december 31, 2023 | -62,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 nominal value, 132,477,166 and 126,536,183 shares authorized at june 30, 2024 and december 31, 2023, respectively, 85,215,817 and 80,214,694 shares issued at june 30, 2024 and december 31, 2023, respectively, 85,045,501 and 80,044,378 shares outstanding at june 30, 2024 and december 31, 2023, respectively | 2,665,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 170,316 shares at june 30, 2024 and at december 31, 2023 | -62,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 nominal value, 130,452,265 and 126,536,183 shares authorized at march 31, 2024 and december 31, 2023, respectively, 85,007,926 and 80,214,694 shares issued at march 31, 2024 and december 31, 2023, respectively, 84,837,610 and 80,044,378 shares outstanding at march 31, 2024 and december 31, 2023, respectively | 2,658,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 170,316 shares at march 31, 2024 and at december 31, 2023 | -62,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 126,536,183 and 150,347,467 shares authorized at december 31, 2023 and 2022, respectively, 80,214,694 and 78,692,766 shares issued at december 31, 2023 and 2022, respectively, 80,044,378 and 78,512,450 shares outstanding at december 31, 2023 and 2022, respectively | 2,497,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 170,316 and 180,316 shares at december 31, 2023 and 2022, respectively | -62,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 nominal value, 79,607,064 and 78,692,766 shares issued at september 30, 2023 and december 31, 2022, respectively, 79,426,748 and 78,512,450 shares outstanding at september 30, 2023 and december 31, 2022, respectively | 2,476,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 180,316 shares at september 30, 2023 and at december 31, 2022 | -63,000 | |||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -6,797,000 | -8,908,000 | -9,388,000 | -15,647,000 | -22,262,000 | -20,342,000 | -16,893,000 | -5,067,000 | -770,000 | -629,000 | -461,000 | -22,000 | -10,000 | -2,000 | -26,000 | -26,000 | ||||||||||||||||||||||
common shares, chf 0.03 par value, 79,552,682 and 78,692,766 shares issued at june 30, 2023 and december 31, 2022, respectively, 79,372,366 and 78,512,450 shares outstanding at june 30, 2023 and december 31, 2022, respectively | 2,474,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 180,316 shares at june 30, 2023 and at december 31, 2022 | -63,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 150,347,467 shares authorized at march 31, 2023 and at december 31, 2022, 79,044,050 and 78,692,766 shares issued at march 31, 2023 and december 31, 2022, respectively, 78,863,734 and 78,512,450 shares outstanding at march 31, 2023 and december 31, 2022, respectively | 2,452,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 180,316 shares at march 31, 2023 and at december 31, 2022 | -63,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 150,347,467 and 145,364,335 shares authorized at december 31, 2022 and 2021, respectively, 78,692,766 and 77,170,382 shares issued at december 31, 2022 and 2021, respectively, 78,512,450 and 76,990,066 shares outstanding at december 31, 2022 and 2021, respectively. | 2,441,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 180,316 shares at december 31, 2022 and 2021, respectively | -63,000 | |||||||||||||||||||||||||||||||||||||
commitments and contingencies, see note 6 | ||||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 150,347,467 and 145,364,335 shares authorized at september 30, 2022 and december 31, 2021, respectively, 78,428,146 and 77,170,382 shares issued at september 30, 2022 and december 31, 2021, respectively, 78,247,830 and 76,990,066 shares outstanding at september 30, 2022 and december 31, 2021, respectively | 2,433,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 180,316 shares at september 30, 2022 and at december 31, 2021 | -63,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 150,347,467 and 145,364,335 shares authorized at june 30, 2022 and december 31, 2021, respectively, 77,972,479 and 77,170,382 shares issued at june 30, 2022 and december 31, 2021, respectively, 77,792,163 and 76,990,066 shares outstanding at june 30, 2022 and december 31, 2021, respectively | 2,420,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 180,316 shares at june 30, 2022 and at december 31, 2021 | -63,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 145,364,335 shares authorized at march 31, 2022 and december 31, 2021, 77,566,721 and 77,170,382 shares issued at march 31, 2022 and december 31, 2021, respectively, 77,386,405 and 76,990,066 shares outstanding at march 31, 2022 and december 31, 2021, respectively | 2,407,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 180,316 shares at march 31, 2022 and at december 31, 2021 | -63,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 145,364,335 and 115,172,786 shares authorized at december 31, 2021 and 2020, respectively, 77,170,382 and 74,110,160 shares issued at december 31, 2021 and 2020, respectively, 76,990,066 and 73,914,844 shares outstanding at december 31, 2021 and 2020, respectively. | 2,391,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 180,316 and 195,316 shares at december 31, 2021 and 2020, respectively | -63,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 145,364,335 and 115,172,786 shares authorized at september 30, 2021 and december 31, 2020, respectively, 76,643,496 and 74,110,160 shares issued at september 30, 2021 and december 31, 2020, respectively, 76,463,180 and 73,914,844 shares outstanding at september 30, 2021 and december 31, 2020, respectively. | 2,366,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 180,316 shares at september 30, 2021 and 195,316 at december 31, 2020. | -63,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 145,364,335 and 115,172,786 shares authorized at june 30, 2021 and december 31, 2020, respectively, 76,273,769 and 74,110,160 shares issued at june 30, 2021 and december 31, 2020, respectively, 76,078,453 and 73,914,844 shares outstanding at june 30, 2021 and december 31, 2020, respectively. | 2,352,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 195,316 shares at june 30, 2021 and december 31, 2020. | -63,000 | |||||||||||||||||||||||||||||||||||||
retained earnings | 72,486,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 115,172,786 shares authorized at march 31, 2021 and december 31, 2020, 75,925,944 and 74,110,160 shares issued at march 31, 2021 and december 31, 2020, respectively, 75,730,628 and 73,914,844 shares outstanding at march 31, 2021 and december 31, 2020, respectively. | 2,340,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 195,316 shares at march 31, 2021 and december 31, 2020. | -63,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 115,172,786 and 103,901,006 shares authorized at december 31, 2020 and 2019, respectively, 74,110,160 and 61,034,025 shares issued at december 31, 2020 and 2019, respectively, 73,914,844 and 60,783,799 shares outstanding at december 31, 2020 and 2019, respectively. | 2,277,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 195,316 and 250,226 shares at december 31, 2020 and 2019, respectively | -63,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 115,172,786 and 103,901,006 shares authorized at september 30, 2020 and december 31, 2019, respectively, 70,799,178 and 61,034,025 shares issued at september 30, 2020 and december 31, 2019, respectively, 70,603,862 and 60,783,799 shares outstanding at september 30, 2020 and december 31, 2019, respectively. | 2,157,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 195,316 and 250,226 shares at september 30, 2020 and december 31, 2019, respectively. | -63,000 | |||||||||||||||||||||||||||||||||||||
commitments and contingencies, see note 4 | ||||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 115,172,786 and 103,901,006 shares authorized at june 30, 2020 and december 31, 2019, respectively, 62,747,821 and 61,034,025 shares issued at june 30, 2020 and december 31, 2019, respectively, 62,552,505 and 60,783,799 shares outstanding at june 30, 2020 and december 31, 2019, respectively. | 1,900,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 195,316 and 250,226 shares at june 30, 2020 and december 31, 2019, respectively. | -63,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 103,901,006 and 103,901,006 shares authorized at march 31, 2020 and december 31, 2019, respectively, 61,122,431 and 61,034,025 shares issued at march 31, 2020 and december 31, 2019, respectively 60,890,035 and 60,783,799 shares outstanding at march 31, 2020 and december 31, 2019, respectively. | 1,850,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 232,396 and 250,226 shares at march 31, 2020 and december 31, 2019, respectively. | -63,000 | |||||||||||||||||||||||||||||||||||||
accounts receivable, including related party amounts of 0 and 88 as of december 31, 2019 and 2018, respectively | 99,000 | |||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, including related party amounts of 0 and 3,417 as of december 31, 2019 and 2018, respectively | 43,677,000 | |||||||||||||||||||||||||||||||||||||
accrued expenses, including related party amounts of 0 and 1,700 as of december 31, 2019 and 2018, respectively | 30,180,000 | |||||||||||||||||||||||||||||||||||||
deferred revenue current, including related party amounts of 0 and 102 as of december 31, 2019 and 2018, respectively | 960,000 | |||||||||||||||||||||||||||||||||||||
deferred rent | 1,027,000 | 1,027,000 | 1,027,000 | 1,027,000 | 1,027,000 | 1,027,000 | 1,027,000 | 1,027,000 | ||||||||||||||||||||||||||||||
deferred revenue, including related party amounts of 0 and 57,780 as of december 31, 2019 and 2018, respectively | 11,776,000 | |||||||||||||||||||||||||||||||||||||
deferred rent non-current | 11,232,000 | 11,380,000 | 11,566,000 | 11,761,000 | 11,380,000 | 11,928,000 | 11,768,000 | 12,283,000 | ||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 103,901,006 and 90,343,803 shares authorized at december 31, 2019 and 2018, respectively, 61,034,025 and 52,160,798 shares issued at december 31, 2019 and 2018, respectively, 60,783,799 and 51,852,862 shares outstanding at december 31, 2019 and 2018, respectively. | 1,847,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 250,226 and 307,936 shares at december 31, 2019 and 2018, respectively | -63,000 | |||||||||||||||||||||||||||||||||||||
accounts receivable, including related party amounts of 39 and 88 as of september 30, 2019 and december 31, 2018, respectively | 39,000 | |||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, including related party amounts of 28,875 and 3,417 as of september 30, 2019 and december 31, 2018, respectively | 34,309,000 | |||||||||||||||||||||||||||||||||||||
accrued expenses, including related party amounts of 4,537 and 1,700 as of september 30, 2019 and december 31, 2018, respectively | 22,397,000 | |||||||||||||||||||||||||||||||||||||
deferred revenue current, including related party amounts of 47,725 and 102 as of september 30, 2019 and december 31, 2018, respectively | 47,725,000 | |||||||||||||||||||||||||||||||||||||
deferred revenue non-current, including related party amounts of 11,871 and 57,780 as of september 30, 2019 and december 31, 2018, respectively | 11,871,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 55,677,088 and 52,183,139 shares authorized at september 30, 2019 and december 31, 2018, respectively, 55,446,359 and 52,160,798 shares issued at september 30, 2019 and december 31, 2018, respectively, 55,189,370 and 51,852,862 shares outstanding at september 30, 2019 and december 31, 2018, respectively, 23,948,128 and 20,498,996 shares in conditional capital at september 30, 2019 and december 31, 2018, respectively. | 1,684,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 256,989 and 307,936 shares at september 30, 2019 and december 31, 2018, respectively | -57,000 | |||||||||||||||||||||||||||||||||||||
accounts receivable, including related party amounts of 321 and 88 as of june 30, 2019 and december 31, 2018, respectively | 321,000 | |||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, including related party amounts of 3,318 and 3,417 as of june 30, 2019 and december 31, 2018, respectively | 10,267,000 | |||||||||||||||||||||||||||||||||||||
accrued expenses, including related party amounts of 3,312 and 1,700 as of june 30, 2019 and december 31, 2018, respectively | 18,628,000 | |||||||||||||||||||||||||||||||||||||
deferred revenue non-current, including related party amounts of 57,730 and 57,780 as of june 30, 2019 and december 31, 2018, respectively | 57,730,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 55,445,241 and 52,183,139 shares authorized at june 30, 2019 and december 31, 2018, respectively, 53,756,046 and 52,160,798 shares issued at june 30, 2019 and december 31, 2018, respectively, 53,499,057 and 51,852,862 shares outstanding at june 30, 2019 and december 31, 2018, respectively, 23,948,128 and 20,498,996 shares in conditional capital at june 30, 2019 and december 31, 2018, respectively. | 1,630,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 256,989 and 307,936 shares at june 30, 2019 and december 31, 2018, respectively | -57,000 | |||||||||||||||||||||||||||||||||||||
accounts receivable, including related party amounts of 331 and 88 as of march 31, 2019 and december 31, 2018, respectively | 331,000 | |||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, including related party amounts of 4,775 and 3,417 as of march 31, 2019 and december 31, 2018, respectively | 11,916,000 | |||||||||||||||||||||||||||||||||||||
accrued expenses, including related party amounts of 2,483 and 1,700 as of march 31, 2019 and december 31, 2018, respectively | 15,680,000 | |||||||||||||||||||||||||||||||||||||
deferred revenue non-current, including related party amounts of 57,755 and 57,780 as of march 31, 2019 and december 31, 2018, respectively | 57,755,000 | |||||||||||||||||||||||||||||||||||||
commitments and contingencies, see note 5 | ||||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 53,325,963 and 52,183,139 shares authorized at march 31, 2019 and december 31, 2018, respectively, 52,943,581 and 52,160,798 shares issued at march 31, 2019 and december 31, 2018, respectively, 52,635,645 and 51,852,862 shares outstanding at march 31, 2019 and december 31, 2018, respectively, 20,498,996 shares in conditional capital at march 31, 2019 and december 31, 2018. | 1,589,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 307,936 shares at march 31, 2019 and december 31, 2018 | -57,000 | |||||||||||||||||||||||||||||||||||||
cash | 487,295,000 | 319,737,000 | 341,767,000 | 239,758,000 | 253,519,000 | 272,264,000 | 288,872,000 | 315,520,000 | 228,613,000 | |||||||||||||||||||||||||||||
accounts receivable, including related party amounts of 457 and 821 as of september 30, 2018 and december 31, 2017, respectively | 552,000 | |||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, including related party amounts of 52 and 1,871 as of september 30, 2018 and december 31, 2017, respectively | 8,841,000 | |||||||||||||||||||||||||||||||||||||
accrued expenses, including related party amounts of 234 and 0 as of september 30, 2018 and december 31, 2017, respectively | 25,835,000 | |||||||||||||||||||||||||||||||||||||
deferred revenue non-current, including related party amounts of 0 and 91 as of september 30, 2018 and december 31, 2017, respectively | 57,806,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 51,893,132 and 41,092,969 shares authorized at september 30, 2018 and december 31, 2017, respectively, 51,862,415 and 41,037,121 shares issued at september 30, 2018 and december 31, 2017, respectively, 51,554,479 and 40,592,248 shares outstanding at september 30, 2018 and december 31, 2017, respectively, 19,520,914 and 16,419,632 shares in conditional capital at september 30, 2018 and december 31, 2017, respectively. | 1,575,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 307,936 and 444,873 shares at september 30, 2018 and december 31, 2017, respectively | -57,000 | |||||||||||||||||||||||||||||||||||||
accounts receivable, including related party amounts of 881 and 821 as of june 30, 2018 and december 31, 2017, respectively | 944,000 | |||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, including related party amounts of 559 and 1,871 as of june 30, 2018 and december 31, 2017, respectively | 9,868,000 | |||||||||||||||||||||||||||||||||||||
accrued expenses, including related party amounts of 78 and 0 as of june 30, 2018 and december 31, 2017, respectively | 12,702,000 | |||||||||||||||||||||||||||||||||||||
deferred revenue non-current, including related party amounts of 0 and 91 as of june 30, 2018 and december 31, 2017, respectively | 57,832,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 47,520,292 and 41,092,969 shares authorized at june 30, 2018 and december 31, 2017, respectively, 47,481,196 and 41,037,121 shares issued at june 30, 2018 and december 31, 2017, respectively, 47,071,835 and 40,592,248 shares outstanding at june 30, 2018 and december 31, 2017, respectively, 19,699,821 and 16,419,632 shares in conditional capital at june 30, 2018 and december 31, 2017, respectively. | 1,435,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 409,361 and 444,873 shares at june 30, 2018 and december 31, 2017, respectively | -50,000 | |||||||||||||||||||||||||||||||||||||
accounts receivable, including related party amounts of 1,006 and 821 as of march 31, 2018 and december 31, 2017, respectively | 1,260,000 | |||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, including related party amounts of 605 and 1,871 as of march 31, 2018 and december 31, 2017, respectively | 8,451,000 | |||||||||||||||||||||||||||||||||||||
accrued expenses, including related party amounts of 78 and 0 as of march 31, 2018 and december 31, 2017, respectively | 10,227,000 | |||||||||||||||||||||||||||||||||||||
deferred revenue non-current, including related party amounts of 0 and 91 as of march 31, 2018 and december 31, 2017, respectively | 57,858,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 47,166,907 and 41,092,969 shares authorized at march 31, 2018 and december 31, 2017, respectively, 47,119,435 and 41,037,121 shares issued at march 31, 2018 and december 31, 2017, respectively, 46,680,815 and 40,592,248 shares outstanding at march 31, 2018 and december 31, 2017, respectively, 16,114,039 and 16,419,632 shares in conditional capital at march 31, 2018 and december 31, 2017, respectively | 1,423,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 438,620 and 444,873 shares at march 31, 2018 and december 31, 2017, respectively | ||||||||||||||||||||||||||||||||||||||
accounts receivable, including related party amounts of 821 and 752 as of december 31, 2017 and 2016, respectively | 2,626,000 | |||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, including related party amounts of 1,871 and 0 as of december 31, 2017 and 2016, respectively | 6,001,000 | |||||||||||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred shares and shareholders’ equity | ||||||||||||||||||||||||||||||||||||||
accrued expenses, including related party amounts of 0 and 537 as of december 31, 2017 and 2016, respectively | 11,361,000 | |||||||||||||||||||||||||||||||||||||
deferred revenue, including related party amounts of 91 and 527 as of december 31, 2017 and 2016, respectively | 56,928,000 | |||||||||||||||||||||||||||||||||||||
shareholders’ equity | ||||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 41,092,969 and 40,253,674 shares authorized at december 31, 2017 and 2016, respectively, 41,037,121 and 40,164,307 shares issued at december 31, 2017 and 2016, respectively, 40,592,248, and 39,719,434 shares outstanding at december 31, 2017 and 2016, respectively, 16,419,632 and 15,325,607 shares in conditional capital at december 31, 2017 and 2016, respectively. | 1,240,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 444,873 shares and no shares at december 31, 2017 and 2016, respectively | ||||||||||||||||||||||||||||||||||||||
accounts receivable, including related party amounts of 1,133 and 752 as of september 30, 2017 and december 31, 2016, respectively | 3,211,000 | |||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, including related party amounts of 583 and 0 as of september 30, 2017 and december 31, 2016, respectively | 1,856,000 | |||||||||||||||||||||||||||||||||||||
accrued expenses, including related party amounts of 0 and 537 as of september 30, 2017 and december 31, 2016, respectively | 8,485,000 | |||||||||||||||||||||||||||||||||||||
deferred revenue, including related party amounts of 171 and 527 as of september 30, 2017 and december 31, 2016, respectively | 79,689,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 40,890,954 and 40,253,674 shares authorized at september 30, 2017 and december 31, 2016, respectively, 40,826,727 and 40,164,307 shares issued at september 30, 2017 and december 31, 2016, respectively, 40,381,854 and 39,719,434 shares outstanding at september 30, 2017 and december 31, 2016, respectively, 16,746,246 and 15,325,607 shares in conditional capital at september 30, 2017 and december 31, 2016, respectively. | 1,234,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 444,873 shares at september 30, 2017 and december 31, 2016, respectively | ||||||||||||||||||||||||||||||||||||||
accounts receivable, including related party amounts of 1,340 and 752 as of june 30, 2017 and december 31, 2016, respectively | 6,814,000 | |||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets including related party amounts of 1,141 and 0 as of june 30, 2017 and december 31, 2016, respectively | 2,207,000 | |||||||||||||||||||||||||||||||||||||
accrued expenses, including related party amounts of 305 and 537 as of june 30, 2017 and december 31, 2016, respectively | 11,888,000 | |||||||||||||||||||||||||||||||||||||
deferred revenue, including related party amounts of 284 and 527 as of june 30, 2017 and december 31, 2016, respectively | 79,232,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 40,556,891 and 40,253,674 shares authorized at june 30, 2017 and december 31, 2016, respectively, 40,484,288 and 40,164,307 shares issued at june 30, 2017 and december 31, 2016, respectively, 40,039,415 and 39,719,434 shares outstanding at june 30, 2017 and december 31, 2016, respectively, 17,079,353 and 15,325,607 shares in conditional capital at june 30, 2017 and december 31, 2016, respectively | 1,226,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 444,873 shares at june 30, 2017 and december 31, 2016, respectively | ||||||||||||||||||||||||||||||||||||||
accounts receivable, including related party amounts of 1,057 and 752 as of march 31, 2017 and december 31, 2016, respectively | 5,672,000 | |||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets including related party amounts of 577 and 0 as of march 31, 2017 and december 31, 2016, respectively | 1,918,000 | |||||||||||||||||||||||||||||||||||||
accrued expenses, including related party amounts of 219 and 537 as of march 31, 2017 and december 31, 2016, respectively | 11,699,000 | |||||||||||||||||||||||||||||||||||||
deferred revenue, including related party amounts of 420 and 527 as of march 31, 2017 and december 31, 2016, respectively | 78,311,000 | |||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value | 1,216,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 444,873 shares at march 31, 2017 and december 31, 2016 | ||||||||||||||||||||||||||||||||||||||
accounts receivable, including related party amounts of 752 and 0 as of december 31, 2016 and 2015, respectively | 3,157,000 | |||||||||||||||||||||||||||||||||||||
accrued expenses, including related party amounts of 537 and 1,055 as of december 31, 2016 and 2015, respectively | 16,320,000 | |||||||||||||||||||||||||||||||||||||
convertible loan, including accrued interest of 0 and 97 as of december 31, 2016 and 2015, respectively | ||||||||||||||||||||||||||||||||||||||
deferred revenue, including related party amounts of 527 and 0 as of december 31, 2016 and 2015, respectively | 77,646,000 | |||||||||||||||||||||||||||||||||||||
redeemable convertible preferred shares: | ||||||||||||||||||||||||||||||||||||||
series a-1 redeemable convertible preferred shares, chf 0.03 par value, 0 and 440,001 shares authorized, issued, and outstanding in share capital at december 31, 2016 and 2015, respectively, aggregate liquidation preference of chf 0 and chf 502 at december 31, 2016 and 2015, respectively | ||||||||||||||||||||||||||||||||||||||
series a-2 redeemable convertible preferred shares, chf 0.03 par value, 0 and 3,120,001 shares authorized, issued, and outstanding in share capital at december 31, 2016 and 2015, respectively, aggregate liquidation preference of chf 0 and chf 9,512 at december 31, 2016 and 2015, respectively | ||||||||||||||||||||||||||||||||||||||
series a-3 redeemable convertible preferred shares, chf 0.03 par value, 0 and 10,758,006 shares authorized, issued, and outstanding in share capital at december 31, 2016 and 2015, respectively, aggregate liquidation preference of 0 and 22,850 at december 31, 2016 and 2015, respectively | ||||||||||||||||||||||||||||||||||||||
series b redeemable convertible preferred shares, chf 0.03 par value, 0 and 4,519,016 shares authorized, issued, and outstanding in share capital at december 31, 2016 and 2015, aggregate liquidation preference of chf 0 and chf 28,000 at december 31, 2016 and 2015, respectively | ||||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 40,253,674, and 5,528,079 shares authorized at december 31, 2016 and 2015, respectively, 40,164,307 and 5,528,079 shares issued at december 31, 2016 and 2015, respectively, 39,719,434, and 5,528,079 shares outstanding at december 31, 2016 and 2015, respectively, 15,325,607 and 2,444,364 shares in conditional capital at december 31, 2016 and 2015, respectively | 1,216,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost, 444,873 shares and no shares at december 31, 2016 and 2015, respectively | ||||||||||||||||||||||||||||||||||||||
total crispr therapeutics ag shareholders’ equity | 232,846,000 | |||||||||||||||||||||||||||||||||||||
noncontrolling interest | -51,000 | |||||||||||||||||||||||||||||||||||||
total liabilities, redeemable convertible preferred shares and shareholders’ equity | 344,962,000 | |||||||||||||||||||||||||||||||||||||
accounts receivable, including related party amounts of 459 and 0 as of september 30, 2016 and december 31, 2015, respectively | 2,092,000 | |||||||||||||||||||||||||||||||||||||
equity method investment | 35,686,000 | |||||||||||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred shares and shareholders’ deficit | ||||||||||||||||||||||||||||||||||||||
deferred gain | 63,608,000 | |||||||||||||||||||||||||||||||||||||
convertible loan, including accrued interest of 0 and 97 as of september 30, 2016 and december 31, 2015, respectively | ||||||||||||||||||||||||||||||||||||||
deferred revenue | 76,949,000 | |||||||||||||||||||||||||||||||||||||
series a-1 redeemable convertible preferred shares, chf 0.03 par value, 440,001 shares authorized, issued, and outstanding in share capital at september 30, 2016, and december 31, 2015, respectively; aggregate liquidation preference of chf 502 and chf 502 at september 30, 2016 and december 31, 2015, respectively | 1,169,000 | |||||||||||||||||||||||||||||||||||||
series a-2 redeemable convertible preferred shares, chf 0.03 par value, 3,120,001 shares authorized, issued, and outstanding in share capital at september 30, 2016, and december 31, 2015, respectively; aggregate liquidation preference of chf 9,512 and chf 9,512 at september 30, 2016 and december 31, 2015, respectively | 10,394,000 | |||||||||||||||||||||||||||||||||||||
series a-3 redeemable convertible preferred shares, chf 0.03 par value, 0, 10,758,006 shares authorized, issued, and outstanding in share capital at september 30, 2016 and december 31, 2015, respectively; aggregate liquidation preference of 45,700 and 22,850 at september 30, 2016 and december 31, 2015, respectively | 45,368,000 | |||||||||||||||||||||||||||||||||||||
series b redeemable convertible preferred shares, chf 0.03 par value, 12,817,876 and 4,519,016 shares authorized, issued, and outstanding in share capital at september 30, 2016 and december 31, 2015, respectively; aggregate liquidation preference of chf 28,000 and 111,487, and chf 28,000 at september 30, 2016 and december 31, 2015, respectively | 128,634,000 | |||||||||||||||||||||||||||||||||||||
shareholders’ deficit: | ||||||||||||||||||||||||||||||||||||||
common shares, chf 0.03 par value, 5,662,126 shares authorized and issued, and 5,307,845 shares outstanding, and 5,528,079 shares authorized, issued and outstanding in share capital at september 30, 2016 and december 31, 2015, respectively; 38,453,593 and 2,444,364 shares in conditional capital at september 30, 2016 and december 31, 2015, respectively | 174,000 | |||||||||||||||||||||||||||||||||||||
treasury shares, at cost; 274,184 shares at september 30, 2016 and no shares at december 31, 2015 | ||||||||||||||||||||||||||||||||||||||
total crispr therapeutics ag shareholders’ deficit | -62,481,000 | |||||||||||||||||||||||||||||||||||||
total shareholders’ deficit | -62,532,000 | |||||||||||||||||||||||||||||||||||||
total liabilities, redeemable convertible preferred shares and shareholders’ deficit | 278,653,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 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 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities: | |||||||||||||||||||||||||||||||||||||
net loss | -122,931,000 | -130,613,000 | -106,441,000 | -208,549,000 | -135,996,000 | -37,311,000 | -85,942,000 | -126,408,000 | -116,591,000 | -112,152,000 | -77,740,000 | -53,065,000 | -179,217,000 | -113,163,000 | -92,439,000 | -79,656,000 | -69,731,000 | ||||||||||||||||||||
reconciliation of net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||
depreciation and amortization | 4,319,000 | 5,661,000 | 4,433,000 | 4,649,000 | 4,736,000 | 4,842,000 | 4,739,000 | 4,845,000 | 4,833,000 | 4,900,000 | 4,925,000 | 4,961,000 | 5,051,000 | 5,846,000 | 5,018,000 | 7,269,000 | 6,039,000 | 6,261,000 | 5,324,000 | 3,653,000 | 2,715,000 | 2,566,000 | 2,335,000 | 2,192,000 | 2,091,000 | 1,432,000 | 1,283,000 | 1,198,000 | 812,000 | 883,000 | 865,000 | 826,000 | 806,000 | 792,000 | 706,000 | 720,000 | |
equity-based compensation | 16,324,000 | 16,604,000 | 17,607,000 | 20,212,000 | 21,543,000 | 23,672,000 | 19,405,000 | 18,420,000 | 19,968,000 | 21,765,000 | 20,875,000 | 22,805,000 | 24,545,000 | 24,852,000 | 25,745,000 | 25,768,000 | 26,199,000 | 28,331,000 | 22,092,000 | 18,930,000 | 17,240,000 | 15,697,000 | 14,151,000 | 11,857,000 | 11,343,000 | 11,186,000 | 9,671,000 | 8,054,000 | 8,324,000 | 5,582,000 | 6,979,000 | 4,868,000 | 3,280,000 | 3,746,000 | |||
other non-cash items | 8,800,000 | -8,314,000 | -10,139,000 | -7,328,000 | 2,253,000 | -15,155,000 | -6,897,000 | -8,181,000 | -8,385,000 | -4,766,000 | -6,159,000 | -4,651,000 | -969,000 | 219,000 | 2,580,000 | 3,572,000 | 6,099,000 | ||||||||||||||||||||
changes in: | |||||||||||||||||||||||||||||||||||||
accounts receivable | 0 | 0 | 0 | 25,000,000 | -25,000,000 | 0 | 0 | 200,000,000 | 49,000 | 17,000 | 77,000 | 162,000 | -153,000 | -2,000 | 0 | -6,000 | -34,000 | -77,000 | 25,084,000 | -25,018,000 | -60,000 | 282,000 | 10,000 | -243,000 | 392,000 | 316,000 | 1,366,000 | 585,000 | 3,603,000 | -1,142,000 | -2,515,000 | -1,065,000 | |||||
prepaid expenses and other assets | -247,000 | 3,852,000 | 212,000 | -93,000 | -634,000 | 176,000 | -188,000 | 2,348,000 | 2,949,000 | 6,450,000 | 817,000 | 3,912,000 | 12,040,000 | -5,464,000 | 5,030,000 | -2,579,000 | 4,611,000 | 4,863,000 | -9,305,000 | -4,402,000 | -5,068,000 | -1,935,000 | -4,322,000 | -6,064,000 | 29,659,000 | -7,276,000 | -23,943,000 | 1,652,000 | -3,051,000 | 1,302,000 | -1,378,000 | -2,426,000 | -3,813,000 | 432,000 | -342,000 | -394,000 | -377,000 |
accounts payable and accrued expenses | -13,015,000 | 4,421,000 | 12,175,000 | -14,700,000 | 42,998,000 | -7,850,000 | -38,157,000 | 9,281,000 | 9,443,000 | -9,191,000 | -24,693,000 | -11,577,000 | 25,214,000 | -31,097,000 | 27,958,000 | 9,919,000 | -1,616,000 | 22,781,000 | 1,306,000 | 19,197,000 | -5,770,000 | 8,353,000 | 4,178,000 | 15,712,000 | -2,496,000 | 4,605,000 | 1,269,000 | 2,475,000 | -3,324,000 | 4,218,000 | 4,203,000 | -439,000 | 2,148,000 | -876,000 | 1,545,000 | -3,648,000 | 585,000 |
deferred revenue | -427,000 | 2,153,000 | -834,000 | -892,000 | -824,000 | -638,000 | -536,000 | -271,000 | -504,000 | -1,206,000 | -249,000 | 249,000 | -249,000 | -762,000 | -4,000 | -508,000 | 268,000 | -539,000 | 1,731,000 | -149,000 | -44,000 | -157,000 | -46,860,000 | 1,764,000 | -25,000 | -25,000 | -26,000 | -26,000 | -218,000 | -22,761,000 | 457,000 | 921,000 | 665,000 | 697,000 | |||
operating lease assets and liabilities | -1,521,000 | -1,343,000 | -1,446,000 | -1,270,000 | -1,151,000 | -1,027,000 | -1,506,000 | -908,000 | -966,000 | -732,000 | -452,000 | -1,100,000 | -177,000 | 4,484,000 | 4,961,000 | 2,011,000 | 3,854,000 | -10,173,000 | 18,420,000 | 481,000 | 778,000 | -191,000 | -171,000 | -148,000 | 37,000 | 26,000 | -298,000 | ||||||||||
other liabilities | -199,000 | 13,554,000 | 802,000 | 443,000 | -10,541,000 | 9,985,000 | 31,000 | 40,000 | -432,000 | 705,000 | -110,000 | -315,000 | -170,000 | 654,000 | -1,027,000 | -994,000 | -154,000 | 1,178,000 | -613,000 | -2,104,000 | -3,766,000 | -4,471,000 | -2,385,000 | -2,051,000 | -1,601,000 | 25,110,000 | -133,000 | 200,000 | -194,000 | -50,000 | 63,000 | 25,000 | 239,000 | -247,000 | 274,000 | 4,000 | -28,000 |
net cash from operating activities | -108,897,000 | -92,553,000 | -84,634,000 | -113,880,000 | -53,947,000 | -50,031,000 | -106,913,000 | -95,582,000 | 109,752,000 | -96,073,000 | -39,856,000 | -133,245,000 | 8,799,000 | -113,328,000 | -105,218,000 | -141,956,000 | -135,239,000 | -86,038,000 | -81,329,000 | 807,002,000 | -100,663,000 | -81,212,000 | -75,700,000 | -29,279,000 | -52,175,000 | 3,376,000 | 133,420,000 | -36,382,000 | -43,737,000 | -14,842,000 | -15,868,000 | -15,975,000 | -23,412,000 | -19,416,000 | |||
capital expenditures | -504,000 | -517,000 | -74,000 | -117,000 | -206,000 | -254,000 | -219,000 | -707,000 | -721,000 | -738,000 | -2,118,000 | -3,555,000 | -3,059,000 | -6,191,000 | -6,017,000 | -9,630,000 | -15,350,000 | -9,183,000 | -37,049,000 | -28,449,000 | -7,024,000 | -6,239,000 | 0 | -3,605,000 | -2,991,000 | -952,000 | -2,461,000 | -2,174,000 | -1,097,000 | -205,000 | -2,994,000 | -1,330,000 | -3,285,000 | -228,000 | |||
free cash flows | -109,401,000 | -93,070,000 | -84,708,000 | -113,997,000 | -54,153,000 | -50,285,000 | -107,132,000 | -96,289,000 | 109,031,000 | -96,811,000 | -41,974,000 | -136,800,000 | 5,740,000 | -119,519,000 | -111,235,000 | -151,586,000 | -150,589,000 | -95,221,000 | -118,378,000 | 778,553,000 | -107,687,000 | -87,451,000 | -75,700,000 | -32,884,000 | -55,166,000 | 2,424,000 | 130,959,000 | -38,556,000 | -44,834,000 | -15,047,000 | -18,862,000 | -17,305,000 | -26,697,000 | -19,644,000 | |||
investing activities: | |||||||||||||||||||||||||||||||||||||
purchase of property, plant and equipment | -504,000 | -517,000 | -74,000 | -117,000 | -206,000 | -254,000 | -219,000 | -707,000 | -721,000 | -738,000 | -2,118,000 | -3,555,000 | -3,059,000 | -6,191,000 | -6,017,000 | -9,630,000 | -15,350,000 | -9,183,000 | -37,049,000 | -28,449,000 | -7,024,000 | -6,239,000 | |||||||||||||||
investment in equity securities | -4,615,000 | 0 | 0 | -4,700,000 | -5,000,000 | -2,798,000 | -7,500,000 | -5,385,000 | -7,500,000 | ||||||||||||||||||||||||||||
purchases of marketable securities | -746,089,000 | -334,086,000 | -210,381,000 | -200,730,000 | -401,563,000 | -470,594,000 | -326,915,000 | -368,149,000 | -245,399,000 | -186,736,000 | -265,627,000 | -494,396,000 | -326,268,000 | -273,996,000 | -323,140,000 | -122,542,000 | -670,803,000 | -392,007,000 | -323,975,000 | -268,682,000 | |||||||||||||||||
maturities of marketable securities | 192,759,000 | 214,934,000 | 310,175,000 | 186,181,000 | 247,678,000 | 349,781,000 | 237,336,000 | 287,434,000 | 369,865,000 | 408,714,000 | 386,515,000 | 325,055,000 | 419,749,000 | 227,554,000 | 223,975,000 | 123,009,000 | 142,672,000 | 126,820,000 | 163,101,000 | 70,677,000 | |||||||||||||||||
sales of marketable securities | 147,706,000 | ||||||||||||||||||||||||||||||||||||
net cash from investing activities | -410,743,000 | -119,226,000 | 69,977,000 | -19,755,000 | 105,828,000 | -161,604,000 | -126,905,000 | -97,800,000 | -81,453,000 | 121,348,000 | 216,923,000 | 117,829,000 | -175,532,000 | 87,464,000 | -56,072,000 | -114,515,000 | -8,716,000 | -565,180,000 | -293,636,000 | -167,898,000 | -204,244,000 | -330,330,000 | -3,605,000 | -2,991,000 | 7,057,000 | -2,461,000 | -2,174,000 | -1,097,000 | -205,000 | -3,494,000 | -1,330,000 | -3,285,000 | 14,772,000 | ||||
financing activities: | |||||||||||||||||||||||||||||||||||||
proceeds from issuance of the notes | 600,000,000 | ||||||||||||||||||||||||||||||||||||
issuance costs and discounts associated with the notes | -13,528,000 | ||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of issuance costs | -722,000 | 111,491,000 | 278,105,000 | -22,000 | 8,516,000 | 14,959,000 | 6,003,000 | -1,012,000 | 280,745,000 | 0 | 0 | 0 | -1,325,000 | 214,592,000 | 400,064,000 | 499,204,000 | 293,803,000 | 68,922,000 | 28,400,000 | 23,894,000 | |||||||||||||||||
proceeds from exercise of options and espp contributions, net of issuance costs | 6,158,000 | 4,923,000 | 18,661,000 | 2,280,000 | 2,072,000 | 1,917,000 | 3,637,000 | 546,000 | 25,189,000 | 6,218,000 | 1,556,000 | 16,765,000 | 5,404,000 | 2,478,000 | 14,142,000 | 10,353,000 | 10,649,000 | 6,299,000 | 10,212,000 | 9,768,000 | 11,399,000 | 12,563,000 | |||||||||||||||
net cash from financing activities | 591,908,000 | 116,414,000 | 296,766,000 | 2,258,000 | 10,588,000 | 16,876,000 | 9,640,000 | -466,000 | 305,934,000 | 38,939,000 | 1,556,000 | 16,765,000 | 5,404,000 | 2,478,000 | 15,112,000 | 10,353,000 | 10,649,000 | 6,299,000 | 10,212,000 | 8,443,000 | 225,991,000 | 412,627,000 | 512,888,000 | 89,505,000 | 1,132,000 | 304,718,000 | 70,885,000 | 29,654,000 | 25,726,000 | 188,223,000 | 3,729,000 | 125,251,000 | 1,284,000 | 609,000 | 695,000 | 20,000 | 91,766,000 |
effect of exchange rate changes on cash | -32,000 | 1,000 | -27,000 | 80,000 | 41,000 | -87,000 | 75,000 | 2,000 | -11,000 | 61,000 | -48,000 | 28,000 | 32,000 | 115,000 | -100,000 | -68,000 | -27,000 | 3,000 | -24,000 | 5,000 | 5,000 | 35,000 | 33,000 | -3,000 | -25,000 | 29,000 | -12,000 | -10,000 | 8,000 | -6,000 | -21,000 | 12,000 | 2,000 | 8,000 | 2,000 | 29,000 | -215,000 |
increase in cash | 72,236,000 | -41,565,000 | -63,073,000 | 72,586,000 | -258,802,000 | -222,951,000 | 317,875,000 | -138,526,000 | 83,000,000 | 100,471,000 | 132,064,000 | -88,452,000 | -636,321,000 | 127,206,000 | 106,891,000 | 315,180,000 | 201,832,000 | -8,912,000 | -19,100,000 | -13,761,000 | -18,745,000 | -16,608,000 | -26,648,000 | 86,907,000 | |||||||||||||
cash, cash equivalents and restricted cash, beginning of period | 359,078,000 | 0 | 0 | 0 | 309,776,000 | 0 | 0 | 0 | 401,068,000 | 0 | 0 | 0 | 224,060,000 | 0 | 0 | 0 | 939,944,000 | 0 | 0 | 0 | 1,185,468,000 | 0 | 0 | 0 | 948,812,000 | 0 | 0 | 0 | 459,812,000 | ||||||||
cash, cash equivalents and restricted cash, end of period | 431,314,000 | 61,061,000 | 92,879,000 | -41,565,000 | 246,703,000 | 72,586,000 | -258,802,000 | -222,951,000 | 718,943,000 | -138,527,000 | 83,000,000 | 100,471,000 | 356,124,000 | -286,267,000 | -2,742,000 | -187,743,000 | 700,812,000 | -88,452,000 | -636,321,000 | 521,814,000 | 1,142,903,000 | 127,206,000 | 106,891,000 | 56,618,000 | 894,753,000 | 315,180,000 | 201,832,000 | -8,912,000 | 440,712,000 | ||||||||
supplemental disclosure of non-cash investing and financing activities | |||||||||||||||||||||||||||||||||||||
equity issuance costs in accounts payable, accrued expenses, and other long-term liabilities | 4,140,000 | 2,781,000 | 680,000 | 3,219,000 | -24,000 | -1,493,000 | 4,522,000 | ||||||||||||||||||||||||||||||
issuance costs associated with the notes in accounts payable and accrued expenses | 1,122,000 | ||||||||||||||||||||||||||||||||||||
operating activities | |||||||||||||||||||||||||||||||||||||
stock-based compensation expense | |||||||||||||||||||||||||||||||||||||
acquired in-process research and development | 0 | 0 | 0 | 1,000,000 | |||||||||||||||||||||||||||||||||
investing activities | |||||||||||||||||||||||||||||||||||||
purchase of in-process research and development | 0 | 0 | 0 | -1,000,000 | |||||||||||||||||||||||||||||||||
sale of equity securities | |||||||||||||||||||||||||||||||||||||
purchases of marketable debt securities | |||||||||||||||||||||||||||||||||||||
maturities of marketable debt securities | |||||||||||||||||||||||||||||||||||||
net cash from (provided by) investing activities | |||||||||||||||||||||||||||||||||||||
financing activities | |||||||||||||||||||||||||||||||||||||
property and equipment purchases in accounts payable and accrued expenses | 121,000 | 13,000 | -111,000 | 131,000 | -28,000 | -276,000 | -1,634,000 | 2,663,000 | -2,798,000 | -97,000 | -872,000 | 5,888,000 | 2,084,000 | -1,269,000 | -1,314,000 | 8,847,000 | 549,000 | 278,000 | 1,245,000 | 1,340,000 | 1,383,000 | -274,000 | 123,000 | 579,000 | -182,000 | 307,000 | -2,579,000 | 1,724,000 | 973,000 | 6,768,000 | |||||||
equity issuance costs in accounts payable and accrued expenses | 407,000 | -283,000 | 138,000 | 155,000 | -200,000 | 58,000 | 24,000 | 217,000 | -57,000 | -11,000 | -2,466,000 | 2,868,000 | 3,635,000 | 4,946,000 | 970,000 | 39,000 | 262,000 | 296,000 | 181,000 | ||||||||||||||||||
acquired in-process research and development expense related to issuance of common shares | 0 | 0 | |||||||||||||||||||||||||||||||||||
decrease in cash | -239,132,000 | -42,565,000 | -54,059,000 | ||||||||||||||||||||||||||||||||||
stock-based compensation | |||||||||||||||||||||||||||||||||||||
net income | -110,575,000 | -174,549,000 | -141,248,000 | -127,153,000 | 30,542,000 | -48,408,000 | -50,711,000 | -38,380,000 | -28,300,000 | 141,000 | -24,708,000 | -22,315,000 | -21,475,000 | 17,098,000 | |||||||||||||||||||||||
reconciliation of net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||
leasehold improvements paid directly by landlord | 0 | 6,237,000 | 13,015,000 | ||||||||||||||||||||||||||||||||||
loss from equity method investment in casebia | |||||||||||||||||||||||||||||||||||||
gain from consolidation of casebia | |||||||||||||||||||||||||||||||||||||
net amortization of premiums and discounts on marketable securities | |||||||||||||||||||||||||||||||||||||
net cash and restricted cash received in connection with the acquisition of casebia | |||||||||||||||||||||||||||||||||||||
other income, non-cash | 5,003,000 | 2,353,000 | 2,064,000 | 0 | |||||||||||||||||||||||||||||||||
non-cash expense related to viacyte transaction | |||||||||||||||||||||||||||||||||||||
deferred rent | -147,000 | -186,000 | -195,000 | 381,000 | -548,000 | 160,000 | -515,000 | 2,164,000 | |||||||||||||||||||||||||||||
repurchase of treasury shares | |||||||||||||||||||||||||||||||||||||
loss from equity method investment | 3,430,000 | ||||||||||||||||||||||||||||||||||||
other expense, non-cash | 90,000 | -1,000 | 890,000 | ||||||||||||||||||||||||||||||||||
purchase of property and equipment | -3,605,000 | -2,991,000 | -952,000 | -2,461,000 | -2,174,000 | -1,097,000 | -695,000 | -523,000 | -555,000 | -205,000 | -2,994,000 | -1,330,000 | -3,285,000 | -228,000 | |||||||||||||||||||||||
proceeds from exercise of options, net of issuance costs | 6,484,000 | 1,132,000 | |||||||||||||||||||||||||||||||||||
purchase of available for sale debt security | 0 | ||||||||||||||||||||||||||||||||||||
stock option issuance costs included in accrued expenses | |||||||||||||||||||||||||||||||||||||
costs for proposed supplemental offering in accounts payable and accrued expenses | |||||||||||||||||||||||||||||||||||||
expense related to viacyte transaction | |||||||||||||||||||||||||||||||||||||
proceeds from exercise of options | 1,963,000 | 1,254,000 | 1,832,000 | 1,808,000 | 3,779,000 | 2,654,000 | 1,284,000 | 609,000 | 695,000 | 20,000 | |||||||||||||||||||||||||||
income from equity method investment | 1,025,000 | 1,012,000 | 1,153,000 | 1,091,000 | 453,000 | 359,000 | 35,694,000 | ||||||||||||||||||||||||||||||
reconciliation of net income to net cash and restricted cash from operating activities: | |||||||||||||||||||||||||||||||||||||
unrealized foreign currency remeasurement loss | 0 | -10,000 | 1,000 | 9,000 | |||||||||||||||||||||||||||||||||
net cash and restricted cash (used in) operating activities | -19,964,000 | ||||||||||||||||||||||||||||||||||||
net cash and restricted cash (used in) investing activities | -695,000 | ||||||||||||||||||||||||||||||||||||
repurchase of common shares | |||||||||||||||||||||||||||||||||||||
increase in cash and restricted cash | 167,558,000 | -22,030,000 | 102,020,000 | ||||||||||||||||||||||||||||||||||
cash and restricted cash, beginning of period | 0 | 0 | 242,912,000 | ||||||||||||||||||||||||||||||||||
cash and restricted cash, end of period | 167,558,000 | -22,030,000 | 344,932,000 | ||||||||||||||||||||||||||||||||||
costs for supplemental offering in accounts payable and accrued expenses | |||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares in secondary offering, net of issuance | 0 | 122,597,000 | |||||||||||||||||||||||||||||||||||
net cash and restricted cash from operating activities | -22,688,000 | ||||||||||||||||||||||||||||||||||||
net cash and restricted cash from investing activities | -555,000 | ||||||||||||||||||||||||||||||||||||
non-cash interest | |||||||||||||||||||||||||||||||||||||
unrealized foreign currency remeasurement (gain) loss | |||||||||||||||||||||||||||||||||||||
gain on extinguishment of convertible loan | 0 | ||||||||||||||||||||||||||||||||||||
other income - formation of joint venture | |||||||||||||||||||||||||||||||||||||
restricted cash | 0 | 0 | -3,000 | -1,000 | 3,000 | ||||||||||||||||||||||||||||||||
proceeds from contribution of intellectual property to equity method investee | 15,000,000 | ||||||||||||||||||||||||||||||||||||
cash investment in equity method investee | 0 | ||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares in ipo, net of issuance costs | |||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares in private placement | |||||||||||||||||||||||||||||||||||||
proceeds from issuance of restricted shares | |||||||||||||||||||||||||||||||||||||
proceeds from issuance of series a-2 preferred shares | |||||||||||||||||||||||||||||||||||||
proceeds from issuance of series a-3 preferred shares | 0 | ||||||||||||||||||||||||||||||||||||
proceeds from issuance of series b preferred shares | 0 | ||||||||||||||||||||||||||||||||||||
issuance costs for preferred share financings | 0 | ||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible loans | 10,000 | ||||||||||||||||||||||||||||||||||||
cash, beginning of period | 0 | 0 | 0 | 315,520,000 | 0 | ||||||||||||||||||||||||||||||||
cash, end of period | -13,761,000 | -18,745,000 | -16,608,000 | 288,872,000 | 86,907,000 | ||||||||||||||||||||||||||||||||
property and equipment related to lease incentives | |||||||||||||||||||||||||||||||||||||
conversion of preferred shares to common shares upon ipo | |||||||||||||||||||||||||||||||||||||
conversion of vertex and bayer convertible loans and accrued interest | 0 | ||||||||||||||||||||||||||||||||||||
issuance costs for public offering in accounts payable and accrued expenses | |||||||||||||||||||||||||||||||||||||
contribution of intellectual property to casebia | |||||||||||||||||||||||||||||||||||||
income from disposal of property and equipment | |||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares | |||||||||||||||||||||||||||||||||||||
payment of public offering costs | |||||||||||||||||||||||||||||||||||||
conversion of vertex convertible loan and accrued interest | |||||||||||||||||||||||||||||||||||||
noncash contribution of intellectual property to casebia therapeutics llp | |||||||||||||||||||||||||||||||||||||
noncash contribution of intellectual property to casebia llp | |||||||||||||||||||||||||||||||||||||
non-cash interest expense | 0 | ||||||||||||||||||||||||||||||||||||
depreciation and amortization expense | 412,000 | ||||||||||||||||||||||||||||||||||||
equity-based compensation expense | 4,028,000 | ||||||||||||||||||||||||||||||||||||
loss on extinguishment of series a-1 preferred shares | |||||||||||||||||||||||||||||||||||||
noncontrolling interest upon consolidation of tracr | |||||||||||||||||||||||||||||||||||||
payment of proposed public offering costs | |||||||||||||||||||||||||||||||||||||
costs for proposed public offering in accounts payable and accrued expenses |

