CytomX Therapeutics, Inc(NASDAQ:CTMX)
CytomX Therapeutics, Inc. operates as an oncology-focused biopharmaceutical company in the United States. The company develops antibody therapeutics based on its Probody technology platform for the treatment of cancer. The company's product candidates include CX-2009, an antibody drug conjugates (AD...
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At a glance:
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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 | 2018-12-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | 10,258,000 | 663,000 | 5,963,000 | 18,658,000 | 50,917,000 | 38,093,000 | 33,432,000 | 25,115,000 | 41,463,000 | 26,607,000 | 26,384,000 | 24,724,000 | 23,499,000 | 946,000 | 16,915,000 | 18,165,000 | 17,136,000 | 19,727,000 | 17,587,000 | 16,288,000 | 15,971,000 | 16,373,000 | 17,788,000 | 16,608,000 | 49,593,000 | 8,279,000 | 10,712,000 | 9,013,000 | 29,485,000 | 21,338,000 | 14,184,000 | 28,502,000 | 23,662,000 | 8,283,000 | 11,176,000 | 5,694,000 | 2,829,000 | 2,539,000 | 1,783,000 | ||||
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||
research and development | 19,238,000 | 21,235,000 | 15,304,000 | 13,322,000 | 18,868,000 | 14,790,000 | 21,368,000 | 25,172,000 | 22,052,000 | 19,386,000 | 16,448,000 | 20,671,000 | 21,175,000 | 19,564,000 | 30,367,000 | 31,159,000 | 30,559,000 | 36,579,000 | 29,143,000 | 26,100,000 | 22,371,000 | 22,007,000 | 24,049,000 | 24,066,000 | 42,814,000 | 36,441,000 | 27,967,000 | 30,835,000 | 36,376,000 | 28,306,000 | 27,549,000 | 25,553,000 | 22,458,000 | 20,704,000 | 28,920,000 | 28,076,000 | 14,576,000 | 15,348,000 | 13,337,000 | 12,705,000 | 13,365,000 | 9,503,000 | 9,157,000 |
general and administrative | 10,692,000 | 7,360,000 | 6,427,000 | 6,622,000 | 9,428,000 | 5,624,000 | 7,953,000 | 8,395,000 | 7,754,000 | 7,827,000 | 6,813,000 | 7,401,000 | 7,977,000 | 10,067,000 | 10,490,000 | 11,748,000 | 10,543,000 | 9,456,000 | 11,085,000 | 9,393,000 | 9,227,000 | 9,145,000 | 8,634,000 | 8,680,000 | 9,572,000 | 9,217,000 | 8,463,000 | 9,411,000 | 9,674,000 | 8,975,000 | 8,137,000 | 9,042,000 | 7,356,000 | 7,616,000 | 6,249,000 | 6,049,000 | 5,691,000 | 5,154,000 | 5,033,000 | 4,647,000 | 5,040,000 | 4,009,000 | 4,051,000 |
total operating expenses | 29,930,000 | 28,595,000 | 21,731,000 | 19,944,000 | 28,296,000 | 20,414,000 | 29,321,000 | 33,567,000 | 29,806,000 | 27,213,000 | 23,261,000 | 28,072,000 | 29,152,000 | 29,631,000 | 40,857,000 | 42,907,000 | 41,102,000 | 46,035,000 | 40,228,000 | 35,493,000 | 31,598,000 | 31,152,000 | 32,683,000 | 32,746,000 | 52,386,000 | 45,658,000 | 36,430,000 | 40,246,000 | 46,050,000 | 37,281,000 | 35,686,000 | 34,595,000 | 29,814,000 | 28,320,000 | 35,169,000 | 34,125,000 | 20,267,000 | 20,502,000 | 18,370,000 | 17,352,000 | 18,405,000 | 13,512,000 | 13,208,000 |
income from operations | -19,672,000 | -27,932,000 | -15,768,000 | -1,286,000 | 22,621,000 | 17,679,000 | 4,111,000 | -8,452,000 | 11,657,000 | -606,000 | 3,123,000 | -3,348,000 | -5,653,000 | -28,685,000 | -23,942,000 | -24,742,000 | -23,966,000 | -26,308,000 | -22,641,000 | -19,205,000 | -15,627,000 | -14,779,000 | -14,895,000 | -16,138,000 | -2,793,000 | -37,379,000 | -25,718,000 | -31,233,000 | -16,565,000 | -25,810,000 | -23,177,000 | -13,257,000 | -15,630,000 | -1,247,000 | -11,025,000 | -25,373,000 | -8,614,000 | -14,230,000 | -14,916,000 | -14,258,000 | -16,182,000 | -11,524,000 | -11,269,000 |
yoy | -186.96% | -258.00% | -483.56% | -84.78% | 94.06% | -3017.33% | 31.64% | 152.45% | -306.21% | -97.89% | -113.04% | -86.47% | -76.41% | 9.04% | 5.75% | 28.83% | 53.36% | 78.01% | 52.00% | 19.00% | 459.51% | -60.46% | -42.08% | -48.33% | -83.14% | 44.82% | 10.96% | 135.60% | 5.98% | 1969.77% | 110.22% | -47.75% | 81.45% | -91.24% | -26.09% | 77.96% | -46.77% | 23.48% | 32.36% | ||||
qoq | -29.57% | 77.14% | 1126.13% | -105.68% | 27.95% | 330.04% | -148.64% | -172.51% | -2023.60% | -119.40% | -193.28% | -40.77% | -80.29% | 19.81% | -3.23% | 3.24% | -8.90% | 16.20% | 17.89% | 22.90% | 5.74% | -0.78% | -7.70% | 477.80% | -92.53% | 45.34% | -17.66% | 88.55% | -35.82% | 11.36% | 74.83% | -15.18% | 1153.41% | -88.69% | -56.55% | 194.56% | -39.47% | -4.60% | 4.61% | -11.89% | 40.42% | 2.26% | |
operating margin % | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -214.94% | -185.28% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% |
interest income | 1,490,000 | 1,481,000 | 1,592,000 | 1,178,000 | 955,000 | 1,278,000 | 1,693,000 | 1,971,000 | 2,194,000 | 2,503,000 | 2,699,000 | 2,308,000 | 2,327,000 | 732,000 | 616,000 | 262,000 | 68,000 | 73,000 | 70,000 | 44,000 | 68,000 | 106,000 | 200,000 | 454,000 | 1,075,000 | 1,511,000 | 1,997,000 | 2,361,000 | 2,496,000 | 2,507,000 | 2,219,000 | 1,540,000 | 1,375,000 | 1,274,000 | 806,000 | 357,000 | 442,000 | 583,000 | 692,000 | 660,000 | 490,000 | 441,000 | 407,000 |
other income | -7,000 | -5,000 | 5,000 | 17,000 | 11,000 | -19,000 | -7,000 | -2,000 | -11,000 | 9,000 | -7,000 | -47,000 | 15,000 | 1,000 | 30,000 | 296,000 | 13,000 | -22,500 | -13,000 | -82,000 | 5,000 | 250 | -15,000 | 5,000 | 12,000 | -31,500 | 22,000 | -88,000 | -18,000 | 29,000 | 61,000 | -140,000 | 74,000 | -47,000 | -174,000 | 120,000 | -23,000 | 45,000 | -110,000 | 19,000 | -26,000 | -287,000 | |
income before income taxes | -18,189,000 | -26,456,000 | -14,171,000 | -91,000 | 23,587,000 | 18,938,000 | 5,797,000 | -6,483,000 | 13,840,000 | 1,906,000 | 5,815,000 | -26,228,000 | -22,584,000 | -19,243,000 | -15,554,000 | -14,701,000 | -14,710,000 | -15,679,000 | -1,706,000 | -35,877,000 | -23,699,000 | -28,960,000 | -14,130,000 | ||||||||||||||||||||
provision for income taxes | 59,000 | 54,000 | 58,000 | 63,000 | 62,000 | 62,000 | 61,000 | 51,000 | 49,000 | 1,069,000 | 2,823,000 | -421,000 | -6,000 | 8,912,000 | 2,502,000 | 1,791,000 | 1,098,000 | -520,000 | -19,000 | 26,000 | 2,000 | 3,000 | |||||||||||||||||||||
net income attributable to common stockholders | -18,248,000 | -14,033,000 | -14,662,000 | -14,176,000 | -16,029,000 | ||||||||||||||||||||||||||||||||||||||
other comprehensive income: | |||||||||||||||||||||||||||||||||||||||||||
unrealized loss on investments, net of tax | -9,000 | -28,000 | |||||||||||||||||||||||||||||||||||||||||
total comprehensive income | -18,257,000 | -26,503,000 | -14,158,000 | -120,000 | 23,497,000 | 18,863,000 | 5,780,000 | -6,528,000 | 13,686,000 | ||||||||||||||||||||||||||||||||||
net income per share | -0.4 | -0.35 | -0.3 | -0.31 | -0.32 | -0.34 | -0.79 | -0.52 | -0.64 | -0.31 | -0.74 | -0.53 | -0.35 | -0.4 | 0.03 | -0.28 | -0.69 | -0.23 | -0.39 | -0.4 | -0.39 | -0.44 | 24.76 | -14.26 | |||||||||||||||||||
basic | -0.1 | -0.22 | -0.09 | 0.27 | 0.23 | 0.07 | -0.08 | 0.17 | -0.005 | 0.04 | -0.26 | 0.27 | |||||||||||||||||||||||||||||||
diluted | -0.1 | -0.22 | -0.09 | 0.27 | 0.23 | 0.07 | -0.08 | 0.17 | -0.005 | 0.04 | -0.26 | 0.26 | |||||||||||||||||||||||||||||||
shares used to compute net income per share | |||||||||||||||||||||||||||||||||||||||||||
basic | 177,273,000 | 129,075,546 | 87,121,502 | 434,210 | 85,093,227 | 84,880,632 | 82,029,466 | 17,806,358.25 | 80,731,951 | 60,968,111 | 45,723,955 | ||||||||||||||||||||||||||||||||
diluted | 177,273,000 | 129,075,546 | 87,150,666 | 316,273 | 85,204,709 | 84,880,632 | 82,630,020 | 17,806,358.25 | 80,991,722 | 60,968,111 | 47,044,774 | ||||||||||||||||||||||||||||||||
net income | -26,510,000 | -14,229,000 | -154,000 | 23,525,000 | 18,876,000 | 5,736,000 | -6,534,000 | 13,791,000 | 837,000 | 2,992,000 | -1,087,000 | -3,311,000 | -27,952,000 | -23,296,000 | -24,184,000 | -23,885,000 | -26,228,000 | -22,584,000 | -19,243,000 | -15,554,000 | -14,701,000 | -14,710,000 | -15,679,000 | 12,205,000 | -35,456,000 | -23,699,000 | -28,960,000 | -14,124,000 | -32,233,000 | -23,431,000 | -13,447,000 | -15,493,000 | 621,000 | -10,247,000 | -25,216,000 | -8,257,000 | -14,033,000 | -14,662,000 | -14,176,000 | -16,029,000 | -11,487,000 | -11,870,000 | |
yoy | -240.44% | -348.06% | -97.64% | 70.58% | 2155.20% | 91.71% | 501.10% | -516.52% | -102.99% | -112.84% | -95.51% | -86.14% | 6.57% | 3.15% | 25.68% | 53.56% | 78.41% | 53.53% | 22.73% | -227.44% | -58.54% | -37.93% | -45.86% | -186.41% | 10.00% | 1.14% | 115.36% | -8.84% | -5290.50% | 128.66% | -46.67% | 87.63% | -104.43% | -30.11% | 77.88% | -48.49% | 22.16% | 23.52% | |||||
qoq | 86.31% | 9139.61% | -100.65% | 24.63% | 229.08% | -187.79% | -147.38% | 1547.67% | -72.03% | -375.25% | -67.17% | -88.15% | 19.99% | -3.67% | 1.25% | -8.93% | 16.14% | 17.36% | 23.72% | 5.80% | -0.06% | -6.18% | -228.46% | -134.42% | 49.61% | -18.17% | 105.04% | -56.18% | 37.57% | 74.25% | -13.21% | -2594.85% | -106.06% | -59.36% | 205.39% | -41.16% | -4.29% | 3.43% | -11.56% | 39.54% | -3.23% | ||
net income margin % | NaN% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -268.43% | -187.31% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% |
unrealized gain on investments, net of tax | 19,250 | 71,000 | 34,000 | -13,750 | 44,000 | 6,000 | -105,000 | -138,250 | 367,000 | -243,000 | 24.75 | 37 | 58 | ||||||||||||||||||||||||||||||
weighted-average common shares used to compute net income per share | |||||||||||||||||||||||||||||||||||||||||||
basic | 137,935,873 | 165,004,291 | |||||||||||||||||||||||||||||||||||||||||
diluted | 137,935,873 | 165,004,291 | |||||||||||||||||||||||||||||||||||||||||
unrealized gain on short term investments, net of tax | -18,250 | -98,000 | 9,000 | ||||||||||||||||||||||||||||||||||||||||
comprehensive income | -369,750 | 2,894,000 | -15,550 | 12,484 | |||||||||||||||||||||||||||||||||||||||
comprehensive loss | -1,078,000 | -3,295,000 | -17,979,500 | -22,929,000 | -24,427,000 | -24,562,000 | -14,320.5 | -22,547 | -19,185 | -4,572 | -14,773 | -15,999 | -16,644.75 | -23,798 | -28,824 | -13,958 | -13,121.25 | -23,461 | -13,397 | -15,627 | 588 | -10,198 | -25,226 | -8,330 | -14,066 | -14,734 | -14,126 | -15,923 | -11,555 | -11,877 | |||||||||||||
net income per share | -0.4 | -0.35 | -0.3 | -0.31 | -0.32 | -0.34 | -0.79 | -0.52 | -0.64 | -0.31 | -0.74 | -0.53 | -0.35 | -0.4 | 0.03 | -0.28 | -0.69 | -0.23 | -0.39 | -0.4 | -0.39 | -0.44 | 24.76 | -14.26 | |||||||||||||||||||
basic and diluted net loss per share | -0.02 | -0.05 | -0.273 | -0.35 | -0.37 | -0.37 | |||||||||||||||||||||||||||||||||||||
shares used in computing basic and diluted net loss per share | 66,536,202 | 66,248,992 | 16,404,540.5 | 65,912,334 | 65,542,762 | 65,393,691 | |||||||||||||||||||||||||||||||||||||
unrealized gain on short-term investments, net of tax | 16,000 | -677,000 | 4 | -63 | -320 | 279 | |||||||||||||||||||||||||||||||||||||
other comprehensive loss: | |||||||||||||||||||||||||||||||||||||||||||
benefit from income taxes | -3,477,750 | -13,911,000 | 1,000 | -26,000 | 1,000 | 3,000 | 3,000 | ||||||||||||||||||||||||||||||||||||
shares used to compute net loss per share, basic and diluted | 387,263 | 65,208,066 | 65,055,998 | 152,777 | 46,195,121 | 46,057,063 | 41,334 | 45,418,053 | 45,340,023 | 45,122,456 | 1,136,277 | 43,917,510 | 38,961,021 | 38,647,878 | 9,189,279.75 | 36,947,129 | 36,780,897 | 36,538,869 | |||||||||||||||||||||||||
impact of adoption of new accounting pronouncement | 11 | ||||||||||||||||||||||||||||||||||||||||||
changes in unrealized gain on short-term investments, net of tax | -53 | -99 | 136 | 155 | |||||||||||||||||||||||||||||||||||||||
other expense | -61,000 | ||||||||||||||||||||||||||||||||||||||||||
revenue | 12,007,750 | 12,509,000 | |||||||||||||||||||||||||||||||||||||||||
yoy | |||||||||||||||||||||||||||||||||||||||||||
qoq | -4.01% | ||||||||||||||||||||||||||||||||||||||||||
revenue from related party | |||||||||||||||||||||||||||||||||||||||||||
total revenue | 12,007,750 | 12,509,000 | |||||||||||||||||||||||||||||||||||||||||
income before provision for income taxes | -11,745,000 | -20,929,000 | -11,656,000 | -14,395,000 | 101,000 | -10,266,000 | -25,190,000 | -5,969,750 | -11,867,000 | ||||||||||||||||||||||||||||||||||
changes in unrealized gains on short-term investments | -28.5 | -30 | 50 | -8.5 | 49 | -10 | -73 | ||||||||||||||||||||||||||||||||||||
total revenues | 21,338,000 | 14,184,000 | 27,073,000 | 24,144,000 | 8,752,000 | 11,653,000 | 6,272,000 | 3,454,000 | 3,094,000 | 2,223,000 | |||||||||||||||||||||||||||||||||
revenues from related parties | 477,000 | 578,000 | 625,000 | 555,000 | 440,000 | ||||||||||||||||||||||||||||||||||||||
changes in unrealized losses on short-term investments | -134 | -68 | -7 | ||||||||||||||||||||||||||||||||||||||||
revenues from related party | 357,250 | 482,000 | 469,000 | ||||||||||||||||||||||||||||||||||||||||
total other comprehensive income | -8.5 | 49 | -10 | -73 | |||||||||||||||||||||||||||||||||||||||
interest expense | -206,000 | -389,000 | -482,000 | -465,000 | -353,000 | -376,000 | -718,000 | ||||||||||||||||||||||||||||||||||||
loss before benefit from income taxes | -8,258,000 | ||||||||||||||||||||||||||||||||||||||||||
income before benefit from income taxes | -14,059,000 | -14,661,000 | -14,173,000 | -16,026,000 | |||||||||||||||||||||||||||||||||||||||
accretion to redemption value and cumulative dividends on preferred stock | -558,000 | -2,958,000 | |||||||||||||||||||||||||||||||||||||||||
shares used to compute net income per share attributable to common stockholders, basic and diluted | 66,706 | 36,324,805 | 36,113,363 | 36,063,425 | |||||||||||||||||||||||||||||||||||||||
changes in unrealized gains / (losses) on investments | 20.5 | -72 | |||||||||||||||||||||||||||||||||||||||||
total other comprehensive income / | 20.5 | -72 | |||||||||||||||||||||||||||||||||||||||||
changes in unrealized gains / (losses) on short-term investments | 50 | 106 | |||||||||||||||||||||||||||||||||||||||||
total other comprehensive gain / | 50 | 106 | |||||||||||||||||||||||||||||||||||||||||
revenues: | 1,988,000 | 1,939,000 | |||||||||||||||||||||||||||||||||||||||||
net loss attributable to common stockholders | -7,508,500 | -14,828,000 | |||||||||||||||||||||||||||||||||||||||||
shares used to compute net loss per share attributable to common stockholders, basic and diluted | 253,133.5 | 1,039,567 | |||||||||||||||||||||||||||||||||||||||||
total other comprehensive loss | -68 | -7 |
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 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 28,828,000 | 12,667,000 | 34,185,000 | 49,041,000 | 47,604,000 | 38,052,000 | 40,576,000 | 43,247,000 | 36,185,000 | 17,171,000 | 26,024,000 | 57,536,000 | 56,357,000 | 193,650,000 | 95,036,000 | 129,290,000 | 163,488,000 | 205,530,000 | 236,284,000 | 256,146,000 | 329,666,000 | 191,859,000 | 176,810,000 | 291,388,000 | 143,286,000 | 188,425,000 | 164,646,000 | 149,392,000 | 190,407,000 | 247,577,000 | 259,753,000 | 132,908,000 | 142,155,000 | 177,548,000 | 284,225,000 | 272,860,000 | 85,662,000 | 59,758,000 | 62,379,000 | 67,897,000 | 59,822,000 | 36,191,000 |
short-term investments | 317,879,000 | 124,385,000 | 109,441,000 | 109,046,000 | 32,282,000 | 62,571,000 | 77,012,000 | 93,935,000 | 114,099,000 | 157,338,000 | 168,086,000 | 123,322,000 | 148,145,000 | 99,254,000 | 98,875,000 | 99,042,000 | 99,696,000 | 5,000 | 10,031,000 | 64,130,000 | 124,260,000 | 144,266,000 | 55,013,000 | 104,636,000 | 107,720,000 | 161,067,000 | 199,750,000 | 206,189,000 | 188,550,000 | 204,809,000 | 202,238,000 | 219,321,000 | 196,562,000 | 47,050,000 | 63,056,000 | 76,861,000 | 118,707,000 | 133,418,000 | 112,739,000 | 126,889,000 | 77,495,000 | |
accounts receivable | 646,000 | 2,013,000 | 1,629,000 | 1,869,000 | 1,956,000 | 3,103,000 | 3,352,000 | 2,775,000 | 13,177,000 | 3,432,000 | 2,419,000 | 1,903,000 | 1,090,000 | 35,986,000 | 1,712,000 | 1,014,000 | 1,016,000 | 790,000 | 887,000 | 931,000 | 756,000 | 798,000 | 543,000 | 206,000 | 130,010,000 | 13,000 | 7,000 | 10,004,000 | 44,000 | 97,000 | 56,000 | 25,137,000 | 81,000 | 10,139,000 | 40,183,000 | 158,000 | 213,000 | 240,000 | 285,000 | 316,000 | 744,000 | 406,000 |
prepaid expenses and other current assets | 5,743,000 | 4,856,000 | 3,962,000 | 4,665,000 | 4,786,000 | 3,579,000 | 3,240,000 | 3,123,000 | 3,786,000 | 4,995,000 | 4,675,000 | 5,040,000 | 6,685,000 | 7,466,000 | 4,278,000 | 3,591,000 | 4,898,000 | 4,285,000 | 3,822,000 | 3,897,000 | 5,456,000 | 7,096,000 | 5,625,000 | 6,898,000 | 9,073,000 | 7,177,000 | 9,058,000 | 7,531,000 | 8,437,000 | 9,251,000 | 7,890,000 | 6,388,000 | 5,474,000 | 4,352,000 | 4,848,000 | 4,579,000 | 4,118,000 | 4,401,000 | 3,411,000 | 3,438,000 | 2,299,000 | 878,000 |
total current assets | 353,096,000 | 143,921,000 | 149,217,000 | 164,621,000 | 86,628,000 | 107,305,000 | 124,180,000 | 143,080,000 | 167,247,000 | 182,936,000 | 201,204,000 | 187,801,000 | 212,277,000 | 237,102,000 | 200,280,000 | 232,770,000 | 268,444,000 | 310,301,000 | 240,998,000 | 271,005,000 | 400,008,000 | 324,013,000 | 340,305,000 | 366,566,000 | 400,066,000 | 303,335,000 | 334,778,000 | 366,677,000 | 405,077,000 | 445,475,000 | 472,508,000 | 366,671,000 | 367,031,000 | 388,601,000 | 376,374,000 | 340,680,000 | 166,909,000 | 183,313,000 | 199,606,000 | 184,548,000 | 189,754,000 | 115,070,000 |
property and equipment | 1,090,000 | 1,304,000 | 1,721,000 | 1,946,000 | 2,229,000 | 2,467,000 | 2,942,000 | 3,316,000 | 3,567,000 | 3,958,000 | 4,060,000 | 4,499,000 | 4,573,000 | 5,072,000 | 5,710,000 | 5,915,000 | 6,093,000 | 5,960,000 | 6,271,000 | 6,699,000 | 7,172,000 | 6,950,000 | 7,190,000 | 7,461,000 | 7,393,000 | 7,372,000 | 7,107,000 | 7,238,000 | 7,369,000 | 6,934,000 | 5,482,000 | 5,499,000 | 4,622,000 | 4,218,000 | 4,087,000 | 4,319,000 | 4,604,000 | 3,701,000 | 3,370,000 | 3,479,000 | 3,481,000 | 3,667,000 |
intangible assets | 401,000 | 438,000 | 474,000 | 510,000 | 547,000 | 583,000 | 620,000 | 656,000 | 693,000 | 729,000 | 766,000 | 802,000 | 839,000 | 875,000 | 911,000 | 948,000 | 984,000 | 1,021,000 | 1,057,000 | 1,094,000 | 1,130,000 | 1,167,000 | 1,203,000 | 1,240,000 | 1,276,000 | 1,312,000 | 1,349,000 | 1,385,000 | 1,422,000 | 1,458,000 | 1,495,000 | 1,531,000 | 1,568,000 | 1,604,000 | 1,641,000 | 1,750,000 | 1,750,000 | 1,750,000 | 1,750,000 | 1,750,000 | 1,750,000 | 1,750,000 |
goodwill | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 | 949,000 |
restricted cash | 1,527,000 | 1,527,000 | 1,028,000 | 1,028,000 | 1,028,000 | 1,027,000 | 1,027,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 917,000 | 100,000 | |
operating lease right-of-use asset | 2,264,000 | 3,396,000 | 4,814,000 | 5,947,000 | 7,055,000 | 8,136,000 | 9,193,000 | 10,225,000 | 11,234,000 | 12,220,000 | 13,184,000 | 14,126,000 | 15,048,000 | 15,949,000 | 16,830,000 | 17,692,000 | 18,536,000 | 19,362,000 | 20,170,000 | 20,961,000 | 21,736,000 | 22,495,000 | 23,239,000 | 23,967,000 | 24,682,000 | 25,382,000 | ||||||||||||||||
other assets | 31,000 | 31,000 | 51,000 | 56,000 | 61,000 | 66,000 | 70,000 | 76,000 | 80,000 | 83,000 | 87,000 | 91,000 | 27,000 | 27,000 | 895,000 | 895,000 | 902,000 | 901,000 | 902,000 | 901,000 | 2,246,000 | 2,172,000 | 1,379,000 | 1,379,000 | 1,379,000 | 2,015,000 | 1,375,000 | 1,375,000 | 1,375,000 | 1,375,000 | 1,375,000 | 1,375,000 | 1,375,000 | 1,355,000 | 3,071,000 | 3,240,000 | 2,753,000 | 226,000 | 268,000 | 309,000 | 364,000 | 3,343,000 |
total assets | 359,358,000 | 151,566,000 | 158,254,000 | 175,057,000 | 98,497,000 | 120,533,000 | 138,981,000 | 159,219,000 | 184,687,000 | 201,792,000 | 221,167,000 | 209,185,000 | 234,630,000 | 260,891,000 | 226,492,000 | 260,086,000 | 296,825,000 | 339,411,000 | 371,233,000 | 402,440,000 | 434,158,000 | 358,663,000 | 375,182,000 | 402,479,000 | 436,662,000 | 341,282,000 | 372,544,000 | 405,284,000 | 444,513,000 | 457,108,000 | 482,726,000 | 376,942,000 | 376,462,000 | 397,644,000 | 387,039,000 | 351,855,000 | 177,882,000 | 192,881,000 | 206,860,000 | 191,952,000 | 197,215,000 | 124,779,000 |
liabilities and stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||
accounts payable | 1,368,000 | 1,301,000 | 646,000 | 227,000 | 276,000 | 1,088,000 | 1,422,000 | 611,000 | 1,964,000 | 1,458,000 | 1,705,000 | 1,029,000 | 2,203,000 | 2,809,000 | 5,176,000 | 1,920,000 | 1,721,000 | 2,818,000 | 1,516,000 | 1,755,000 | 2,582,000 | 2,996,000 | 3,643,000 | 4,927,000 | 3,782,000 | 4,158,000 | 4,550,000 | 4,520,000 | 9,511,000 | 5,132,000 | 6,871,000 | 4,240,000 | 5,349,000 | 4,205,000 | 2,869,000 | 6,364,000 | 3,700,000 | 517,000 | 1,426,000 | 4,958,000 | 4,697,000 | 2,700,000 |
accrued liabilities | 11,923,000 | 14,197,000 | 12,408,000 | 11,503,000 | 11,406,000 | 12,338,000 | 16,742,000 | 13,620,000 | 14,220,000 | 17,599,000 | 20,689,000 | 20,068,000 | 22,275,000 | 28,532,000 | 31,340,000 | 31,732,000 | 31,032,000 | 34,236,000 | 25,167,000 | 19,253,000 | 18,831,000 | 23,059,000 | 23,945,000 | 21,147,000 | 28,353,000 | 30,051,000 | 20,496,000 | 22,469,000 | 22,567,000 | 26,724,000 | 21,416,000 | 24,768,000 | 16,335,000 | 16,383,000 | 11,444,000 | 7,499,000 | 6,336,000 | 9,041,000 | 7,313,000 | 4,738,000 | 4,912,000 | 5,143,000 |
operating lease liabilities - short-term | 2,856,000 | |||||||||||||||||||||||||||||||||||||||||
deferred revenue, current portion | 17,876,000 | 26,877,000 | 22,379,000 | 22,050,000 | 33,226,000 | 96,063,000 | 123,766,000 | 123,628,000 | 124,396,000 | 120,280,000 | 126,784,000 | 61,325,000 | 65,787,000 | 70,013,000 | 73,089,000 | 72,369,000 | 76,636,000 | 74,445,000 | 72,711,000 | 73,866,000 | 51,080,000 | 51,684,000 | 50,765,000 | 52,997,000 | 51,512,000 | 46,988,000 | ||||||||||||||||
total current liabilities | 34,023,000 | 46,615,000 | 41,029,000 | 39,223,000 | 50,201,000 | 85,772,000 | 119,228,000 | 142,858,000 | 144,536,000 | 155,913,000 | 146,790,000 | 141,377,000 | 151,262,000 | 152,608,000 | 97,841,000 | 99,439,000 | 102,766,000 | 106,316,000 | 99,772,000 | 93,377,000 | 98,049,000 | 100,924,000 | 102,033,000 | 98,785,000 | 106,001,000 | 85,590,000 | 76,126,000 | 78,673,000 | 96,217,000 | 97,908,000 | 86,274,000 | 83,212,000 | 69,707,000 | 61,147,000 | 71,241,000 | 60,635,000 | 37,126,000 | 23,682,000 | 22,224,000 | 17,003,000 | 15,739,000 | 13,973,000 |
deferred revenue, net of current portion | 979,000 | 1,590,000 | 5,537,000 | 10,241,000 | 16,214,000 | 26,862,000 | 33,556,000 | 36,710,000 | 59,743,000 | 80,048,000 | 112,261,000 | 140,873,000 | 157,133,000 | 180,059,000 | 85,122,000 | 95,863,000 | 108,788,000 | 125,660,000 | 140,770,000 | 158,189,000 | 169,280,000 | 186,261,000 | 202,560,000 | 221,542,000 | 236,789,000 | 178,858,000 | 187,725,000 | 197,826,000 | 197,754,000 | 225,267,000 | 236,365,000 | 250,316,000 | 255,053,000 | 264,704,000 | 267,996,000 | 237,053,000 | 65,477,000 | 79,110,000 | 82,783,000 | 61,725,000 | 54,703,000 | 56,236,000 |
other long term liabilities | 4,412,000 | 4,299,000 | 4,241,000 | 4,177,000 | 4,053,000 | 3,993,000 | 3,940,000 | 216,000 | ||||||||||||||||||||||||||||||||||
total liabilities | 39,414,000 | 52,558,000 | 50,865,000 | 55,147,000 | 73,448,000 | 120,989,000 | 162,433,000 | 190,446,000 | 216,367,000 | 249,239,000 | 272,405,000 | 294,212,000 | 321,267,000 | 346,642,000 | 198,018,000 | 211,378,000 | 228,631,000 | 250,032,000 | 259,559,000 | 271,487,000 | 288,136,000 | 308,860,000 | 327,118,000 | 343,650,000 | 366,895,000 | 290,169,000 | 290,435,000 | 303,783,000 | 321,942,000 | 326,225,000 | 325,065,000 | 335,809,000 | 326,815,000 | 327,748,000 | 341,560,000 | 299,618,000 | 104,095,000 | 103,459,000 | 105,673,000 | 79,238,000 | 71,147,000 | 71,748,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | ||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock | ||||||||||||||||||||||||||||||||||||||||||
common stock | 2,000 | 2,000 | 2,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | ||||||||||||||||||||||||||||||||
additional paid-in capital | 1,050,037,000 | 810,844,000 | 789,720,000 | 788,083,000 | 693,103,000 | 691,095,000 | 686,962,000 | 684,967,000 | 677,986,000 | 675,905,000 | 673,109,000 | 642,214,000 | 639,526,000 | 637,117,000 | 634,357,000 | 631,662,000 | 626,721,000 | 623,344,000 | 619,117,000 | 615,849,000 | 611,733,000 | 499,964,000 | 483,524,000 | 479,516,000 | 474,455,000 | 468,285,000 | 463,773,000 | 459,367,000 | 451,613,000 | 445,956,000 | 440,616,000 | 300,627,000 | 295,744,000 | 289,454,000 | 265,625,000 | 262,185,000 | 258,509,000 | 251,748,000 | 248,777,000 | 246,256,000 | 243,687,000 | |
accumulated other comprehensive income | 102,000 | 111,000 | 104,000 | 33,000 | -1,000 | 27,000 | 40,000 | -4,000 | -10,000 | 95,000 | -63,000 | 35,000 | 26,000 | 10,000 | 52,000 | 15,000 | -47,000 | -47,000 | 16,000 | 336,000 | 57,000 | 110,000 | 209,000 | 73,000 | 8,000 | |||||||||||||||||
accumulated deficit | -730,197,000 | -711,949,000 | -682,437,000 | -668,208,000 | -668,054,000 | -691,579,000 | -710,455,000 | -716,191,000 | -709,657,000 | -723,448,000 | -724,285,000 | -727,277,000 | -726,190,000 | -722,879,000 | -605,089,000 | -581,793,000 | -557,609,000 | -533,724,000 | -507,496,000 | -484,912,000 | -465,669,000 | -450,115,000 | -435,414,000 | -420,704,000 | -405,025,000 | -417,230,000 | -381,775,000 | -358,076,000 | -329,116,000 | -314,981,000 | -282,748,000 | -259,317,000 | -245,870,000 | -219,465,000 | -220,086,000 | -209,839,000 | -184,623,000 | -162,333,000 | -147,671,000 | -133,495,000 | -117,466,000 | -105,979,000 |
total stockholders' equity | 319,944,000 | 99,008,000 | 107,389,000 | 119,910,000 | 25,049,000 | -85,751,000 | 28,474,000 | 48,708,000 | 68,194,000 | 89,379,000 | 111,674,000 | 130,953,000 | 146,022,000 | 49,803,000 | 48,064,000 | 58,829,000 | 69,767,000 | 51,113,000 | 82,109,000 | 101,501,000 | 122,571,000 | 130,883,000 | 157,661,000 | 41,133,000 | 49,647,000 | 69,896,000 | 45,479,000 | 52,237,000 | 73,787,000 | 89,422,000 | 101,187,000 | 112,714,000 | 126,068,000 | |||||||||
total liabilities and stockholders' equity | 359,358,000 | 151,566,000 | 158,254,000 | 175,057,000 | 98,497,000 | 209,185,000 | 234,630,000 | 260,891,000 | 226,492,000 | 260,086,000 | 296,825,000 | 339,411,000 | 371,233,000 | 402,440,000 | 434,158,000 | 358,663,000 | 375,182,000 | 402,479,000 | 436,662,000 | 341,282,000 | 372,544,000 | 405,284,000 | 444,513,000 | 482,726,000 | 376,942,000 | 376,462,000 | 387,039,000 | 351,855,000 | 177,882,000 | 192,881,000 | 206,860,000 | 191,952,000 | ||||||||||
current assets | ||||||||||||||||||||||||||||||||||||||||||
current liabilities | ||||||||||||||||||||||||||||||||||||||||||
operating lease liabilities - short term | 4,240,000 | 5,596,000 | 5,443,000 | 5,293,000 | 5,145,000 | 5,001,000 | 4,861,000 | 4,724,000 | 4,589,000 | |||||||||||||||||||||||||||||||||
operating lease liabilities - long term | 1,442,000 | 2,856,000 | 4,240,000 | 5,596,000 | 6,885,000 | 8,148,000 | 9,385,000 | 10,597,000 | 11,746,000 | 12,872,000 | 13,975,000 | 15,055,000 | 16,076,000 | 17,077,000 | 18,056,000 | 19,017,000 | 19,921,000 | 20,807,000 | 21,675,000 | 22,525,000 | 23,323,000 | 24,105,000 | 24,871,000 | 25,621,000 | 26,321,000 | 27,008,000 | ||||||||||||||||
other long-term liabilities | 4,353,000 | 4,115,000 | 3,893,000 | 2,757,000 | 850,000 | 963,000 | 963,000 | 963,000 | 3,050,000 | 2,426,000 | 2,281,000 | 2,055,000 | 1,897,000 | 1,803,000 | 1,391,000 | 978,000 | 154,000 | 153,000 | 198,000 | 244,000 | ||||||||||||||||||||||
stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock, 0.00001 par value... | ||||||||||||||||||||||||||||||||||||||||||
common stock, 0.00001 par value... | 2,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | ||||||||||
liabilities and stockholders' deficit | ||||||||||||||||||||||||||||||||||||||||||
deferred revenues, current portion | 67,201,000 | 132,267,000 | 121,267,000 | 69,262,000 | 74,869,000 | 51,381,000 | 52,713,000 | 40,559,000 | 56,928,000 | 46,772,000 | 27,090,000 | 14,124,000 | 13,485,000 | 7,307,000 | 6,130,000 | 6,130,000 | ||||||||||||||||||||||||||
stockholders' deficit | ||||||||||||||||||||||||||||||||||||||||||
total stockholders' deficit | -456,000 | -23,452,000 | -31,227,000 | -31,680,000 | -47,447,000 | -51,238,000 | -85,027,000 | -86,637,000 | -106,048,000 | |||||||||||||||||||||||||||||||||
total liabilities and stockholders' deficit | 120,533,000 | 138,981,000 | 159,219,000 | 184,687,000 | 201,792,000 | 221,167,000 | ||||||||||||||||||||||||||||||||||||
stockholders' deficit: | ||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -795,000 | -1,162,000 | -919,000 | -242,000 | -43,000 | -93,000 | -208,000 | -178,000 | -228,000 | -94,000 | -61,000 | -110,000 | -100,000 | -76,000 | ||||||||||||||||||||||||||||
long-term investments | 99,969,000 | 99,914,000 | 2,025,000 | |||||||||||||||||||||||||||||||||||||||
income tax receivable | 13,061,000 | 13,061,000 | 13,061,000 | |||||||||||||||||||||||||||||||||||||||
income tax payable | 13,374,000 | 13,339,000 | 4,990,000 | 2,692,000 | 1,035,000 | |||||||||||||||||||||||||||||||||||||
operating lease right-of-use | 26,069,000 | 26,743,000 | 27,404,000 | |||||||||||||||||||||||||||||||||||||||
liabilities, convertible preferred stock and stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||
total liabilities, convertible preferred stock and stockholders' equity | 457,108,000 | 397,644,000 | ||||||||||||||||||||||||||||||||||||||||
related party accounts receivable | 68,000 | 27,000 | 55,000 | 207,000 | 113,000 | 158,000 | ||||||||||||||||||||||||||||||||||||
deferred tax liability | 520,000 | 539,000 | 514,000 | 513,000 | 513,000 | 510,000 | 507,000 | 507,000 | ||||||||||||||||||||||||||||||||||
preferred stock, 0.00001 par value... | ||||||||||||||||||||||||||||||||||||||||||
stockholders notes receivable | -78,000 | -78,000 | -78,000 | |||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income / | 6,000 | 80,000 | 30,000 | |||||||||||||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred stock, convertible preferred stock and stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||
long-term debt, current portion | ||||||||||||||||||||||||||||||||||||||||||
long-term debt | ||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock warrant liability | 788,000 | |||||||||||||||||||||||||||||||||||||||||
convertible preferred stock liability | ||||||||||||||||||||||||||||||||||||||||||
redeemable convertible preferred stock | 158,605,000 | |||||||||||||||||||||||||||||||||||||||||
convertible preferred stock, 0.00001 par value – 0 and 244,782 authorized at december 31, 2015 and 2014, respectively; 0 and 244,782 shares issued and outstanding at december 31, 2015 and 2014, respectively | ||||||||||||||||||||||||||||||||||||||||||
total liabilities, redeemable convertible preferred stock, convertible preferred stock and stockholders' equity | 197,215,000 | |||||||||||||||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred stock, convertible preferred stock and stockholders' deficit | ||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock, 0.00001 par value – 244,782 authorized at september 30, 2015 and december 31, 2014, respectively; 244,782 shares issued and outstanding at september 30, 2015 and december 31, 2014, respectively | 474,000 | |||||||||||||||||||||||||||||||||||||||||
total liabilities, redeemable convertible preferred stock, convertible preferred stock and stockholders' deficit | 124,779,000 |
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 | 2018-12-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||||||
net income | -18,248,000 | -26,510,000 | -14,229,000 | -154,000 | 23,525,000 | 18,876,000 | 5,736,000 | -6,534,000 | 13,791,000 | -15,554,000 | 12,205,000 | -14,033,000 | -14,662,000 | -14,176,000 | -16,029,000 | |||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||
amortization of intangible assets | 37,000 | 37,000 | 36,000 | 37,000 | 36,000 | 37,000 | 36,000 | 37,000 | 36,000 | 37,000 | 36,000 | 37,000 | 36,000 | 36,000 | 37,000 | 36,000 | 37,000 | 36,000 | 37,000 | 37,000 | 36,000 | 37,000 | 37,000 | 36,000 | 36,000 | 37,000 | 36,000 | 37,000 | 36,000 | 36,000 | 37,000 | 36,000 | ||||||||||
depreciation and amortization | 214,000 | 473,000 | 98,000 | 310,000 | 349,000 | 376,000 | 393,000 | 422,000 | 431,000 | 449,000 | 448,000 | 573,000 | 559,000 | 572,000 | 586,000 | 574,000 | 565,000 | 639,000 | 643,000 | 640,000 | 638,000 | 625,000 | 615,000 | 586,000 | 601,000 | 571,000 | 641,000 | 630,000 | 617,000 | 608,000 | 474,000 | 426,000 | 376,000 | 404,000 | 477,000 | 369,000 | 395,000 | 490,000 | 443,000 | 445,000 | 355,000 | 329,000 |
accretion of discounts on short-term investments | -726,000 | -719,000 | -636,000 | -397,000 | -454,000 | -787,000 | -1,220,000 | -1,438,000 | -1,866,000 | -2,226,000 | -1,933,000 | -1,725,000 | -1,535,000 | |||||||||||||||||||||||||||||
stock-based compensation expense | 4,706,000 | 1,479,000 | 1,384,000 | 1,431,000 | 2,008,000 | 1,884,000 | 1,995,000 | 1,882,000 | 1,907,000 | 2,552,000 | 1,226,000 | 2,371,000 | 2,409,000 | 2,570,000 | 2,695,000 | 4,490,000 | 3,370,000 | 3,544,000 | 3,164,000 | 3,425,000 | 3,034,000 | 3,419,000 | 3,841,000 | 3,513,000 | 4,013,000 | 4,111,000 | 4,343,000 | 5,454,000 | 5,192,000 | 4,616,000 | 4,413,000 | 4,161,000 | 3,688,000 | 2,750,000 | 2,780,000 | 3,010,000 | 2,747,000 | 2,622,000 | 2,720,000 | 2,391,000 | 2,362,000 | 1,921,000 |
non-cash lease expense | 1,132,000 | 1,161,000 | 1,133,000 | 1,108,000 | 1,081,000 | 1,057,000 | 1,032,000 | 1,009,000 | 986,000 | 964,000 | 942,000 | 922,000 | 901,000 | 881,000 | 862,000 | 844,000 | 826,000 | 808,000 | 791,000 | 775,000 | 759,000 | |||||||||||||||||||||
changes in operating assets and liabilities | ||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 1,367,000 | -384,000 | 240,000 | 87,000 | 1,147,000 | 249,000 | -577,000 | 10,402,000 | -9,745,000 | -1,013,000 | -516,000 | -813,000 | 34,896,000 | -34,210,000 | -696,000 | -58,000 | -232,000 | 97,000 | 44,000 | -175,000 | 42,000 | -255,000 | -337,000 | 129,804,000 | -129,997,000 | -6,000 | 9,997,000 | -9,960,000 | 53,000 | -41,000 | 25,081,000 | -25,056,000 | 10,058,000 | -9,956,000 | -25,000 | 55,000 | 1,946,000 | -1,919,000 | 45,000 | 31,000 | 56,000 | -338,000 |
prepaid expenses and other assets | -887,000 | -874,000 | 708,000 | 126,000 | -1,202,000 | -335,000 | -111,000 | 667,000 | 1,212,000 | |||||||||||||||||||||||||||||||||
accounts payable | 67,000 | 655,000 | 419,000 | -49,000 | -804,000 | -261,000 | 811,000 | -1,428,000 | 581,000 | -328,000 | 676,000 | -1,156,000 | -618,000 | -2,373,000 | 3,285,000 | 216,000 | -1,060,000 | 1,219,000 | -185,000 | -881,000 | -292,000 | -587,000 | -849,000 | 527,000 | 52,000 | -526,000 | 149,000 | -5,159,000 | 5,162,000 | -2,534,000 | 3,224,000 | -1,544,000 | 1,115,000 | 1,054,000 | -3,574,000 | 2,904,000 | -2,825,000 | 5,824,000 | -853,000 | -3,452,000 | 246,000 | 2,195,000 |
accrued liabilities and other long-term liabilities | -3,599,000 | 486,000 | -326,000 | -1,103,000 | -2,106,000 | -5,554,000 | 2,033,000 | -1,673,000 | -4,434,000 | 1,424,000 | 2,012,000 | -3,117,000 | -7,360,000 | -1,413,000 | -302,000 | -4,182,000 | 5,009,000 | 4,357,000 | 1,576,000 | -1,809,000 | 1,762,000 | |||||||||||||||||||||
deferred revenue | -9,612,000 | 551,000 | -4,375,000 | -17,149,000 | -44,623,000 | -35,556,000 | -30,857,000 | -22,895,000 | -28,944,000 | -24,342,000 | -24,496,000 | -22,764,000 | -17,409,000 | 65,040,000 | -15,203,000 | -17,151,000 | -16,121,000 | -18,938,000 | -16,699,000 | -15,358,000 | -15,214,000 | -15,875,000 | -17,248,000 | -16,402,000 | 80,416,000 | -8,566,000 | -10,705,000 | 991,000 | -29,461,000 | -11,382,000 | -12,466,000 | -213,000 | -14,134,000 | 20,339,000 | -10,101,000 | 191,258,000 | -11,583,000 | 10,916,000 | -3,034,000 | 27,236,000 | 8,199,000 | -1,533,000 |
net cash from operating activities | -25,549,000 | -23,243,000 | -15,548,000 | -15,753,000 | -21,043,000 | -19,908,000 | -20,729,000 | -19,549,000 | -26,045,000 | -21,963,000 | -18,243,000 | -1,394,000 | -33,844,000 | -34,237,000 | -41,313,000 | -31,192,000 | -29,700,000 | -28,199,000 | -29,940,000 | -17,427,000 | -24,678,000 | 97,101,000 | -49,737,000 | -29,479,000 | -23,319,000 | -48,653,000 | -39,029,000 | -28,742,000 | -5,551,000 | -26,616,000 | -14,612,000 | 22,002,000 | -5,738,000 | 173,195,000 | -19,086,000 | -5,540,000 | ||||||
capital expenditures | -201,000 | 127,000 | -27,000 | -80,000 | -19,000 | -96,000 | -115,000 | -266,000 | -9,000 | -182,000 | -410,000 | -412,000 | -736,000 | -245,000 | -268,000 | -114,000 | -982,000 | -506,000 | -1,213,000 | -37,000 | -1,049,000 | -568,000 | -747,000 | -164,000 | -1,590,000 | -325,000 | -1,643,000 | -433,000 | -360,000 | 48,000 | -57,000 | -324,000 | -714,000 | -301,000 | ||||||||
free cash flows | -23,444,000 | -15,421,000 | -15,780,000 | -19,988,000 | -20,748,000 | -19,645,000 | -26,160,000 | -22,229,000 | -18,252,000 | -1,576,000 | -34,254,000 | -34,649,000 | -42,049,000 | -31,437,000 | -29,968,000 | -28,313,000 | -30,922,000 | -17,933,000 | -25,891,000 | 97,064,000 | -50,786,000 | -30,047,000 | -24,066,000 | -48,817,000 | -40,619,000 | -29,067,000 | -7,194,000 | -27,049,000 | -14,972,000 | 22,050,000 | -5,795,000 | 172,871,000 | -19,800,000 | -5,841,000 | ||||||||
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment | -201,000 | 127,000 | -27,000 | -119,000 | -80,000 | -19,000 | -96,000 | -115,000 | -266,000 | -9,000 | -517,000 | -48,000 | -182,000 | -410,000 | -412,000 | -736,000 | -245,000 | -268,000 | -114,000 | -982,000 | -445,000 | -778,000 | -37,000 | -1,049,000 | -703,000 | -628,000 | -331,000 | -1,835,000 | -1,119,000 | -1,050,000 | -868,000 | -751,000 | -234,000 | -57,000 | -324,000 | -944,000 | -602,000 | -863,000 | -384,000 | -327,000 | -182,000 | |
purchases of short-term investments | -242,777,000 | -19,688,000 | -108,833,000 | -19,785,000 | -12,314,000 | -10,103,000 | -144,298,000 | 0 | -44,707,000 | -25,460,000 | -47,889,000 | -39,326,000 | -62,317,000 | -62,113,000 | -51,498,000 | -48,132,000 | 0 | -14,089,000 | -40,094,000 | -64,096,000 | -33,844,000 | -121,348,000 | ||||||||||||||||||||
maturities of short-term investments | 50,000,000 | 20,000,000 | 32,500,000 | 50,500,000 | 30,501,000 | 115,000,000 | 45,000,000 | 59,994,000 | 30,003,000 | 55,009,000 | 49,490,000 | 48,197,000 | 79,020,000 | 87,027,000 | 46,597,000 | 45,546,000 | 59,983,000 | 69,013,000 | 25,500,000 | 16,000,000 | 27,750,000 | 40,250,000 | 43,000,000 | 47,750,000 | 71,500,000 | |||||||||||||||||
net cash from investing activities | -192,777,000 | -14,419,000 | 439,000 | -76,360,000 | 30,596,000 | 15,135,000 | 18,168,000 | 21,512,000 | 44,885,000 | 12,866,000 | -42,938,000 | 26,040,000 | -146,642,000 | 99,818,000 | -410,000 | -412,000 | -736,000 | -245,000 | 9,734,000 | -46,012,000 | 59,012,000 | 19,455,000 | -90,067,000 | 49,453,000 | 2,441,000 | 52,857,000 | 38,510,000 | 6,940,000 | -18,606,000 | 15,842,000 | -3,180,000 | 16,647,000 | -23,383,000 | -149,758,000 | 15,943,000 | 13,337,000 | -788,000 | -50,847,000 | ||||
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock, net issuance cost | 228,351,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of pre-funded warrants, net issuance cost | 5,855,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 281,000 | 174,000 | 7,000 | 1,023,000 | 2,157,000 | 465,000 | 722,000 | 2,602,000 | 1,160,000 | 666,000 | 891,000 | 251,000 | 130,000 | 48,000 | 135,000 | |||||||||||||||||||||||||||
net cash from financing activities | 234,487,000 | 16,643,000 | 253,000 | 2,249,000 | 0 | 5,099,000 | 174,000 | 244,000 | 29,669,000 | 190,000 | 0 | 451,000 | 7,000 | 683,000 | 104,000 | 691,000 | 108,735,000 | 13,021,000 | 167,000 | 1,548,000 | 2,157,000 | 401,000 | 63,000 | 698,000 | 465,000 | 724,000 | 135,576,000 | 722,000 | 2,602,000 | 21,079,000 | 1,160,000 | 666,000 | 891,000 | 501,000 | 251,000 | 208,000 | 36,000 | 82,647,000 | ||||
net increase in cash, cash equivalents and restricted cash | 16,161,000 | -21,019,000 | -14,856,000 | 1,437,000 | 9,553,000 | -2,524,000 | -2,561,000 | 7,062,000 | 19,014,000 | 98,614,000 | -34,254,000 | -34,198,000 | -42,042,000 | -30,754,000 | -19,862,000 | -73,520,000 | 137,807,000 | 23,779,000 | 126,845,000 | |||||||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of period | 14,194,000 | 0 | 0 | 39,079,000 | 0 | 0 | 18,088,000 | 0 | 0 | 194,567,000 | 0 | 0 | 206,447,000 | 0 | 0 | 192,776,000 | 0 | 0 | 189,342,000 | 0 | 0 | 248,494,000 | 0 | 0 | 178,465,000 | |||||||||||||||||
cash, cash equivalents and restricted cash, end of period | 30,355,000 | -14,856,000 | 1,437,000 | 48,632,000 | -2,561,000 | 7,062,000 | 37,102,000 | -31,512,000 | 1,179,000 | 57,274,000 | -34,254,000 | -34,198,000 | 164,405,000 | -19,862,000 | -73,520,000 | 330,583,000 | -114,578,000 | 148,102,000 | 144,203,000 | 15,254,000 | -41,015,000 | 191,324,000 | 126,845,000 | -9,247,000 | 143,072,000 | |||||||||||||||||
supplemental disclosures of noncash financing activities: | ||||||||||||||||||||||||||||||||||||||||||
common stock issuance costs included in accrued liabilities | 780,000 | |||||||||||||||||||||||||||||||||||||||||
impairment loss on machinery and equipment | ||||||||||||||||||||||||||||||||||||||||||
purchases of short term investments | -111,868,000 | -92,929,000 | ||||||||||||||||||||||||||||||||||||||||
maturities of short term investments | 125,000,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of pre-funded warrants and warrants, net of issuance cost | 0 | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock, net of issuance cost | ||||||||||||||||||||||||||||||||||||||||||
proceeds from employee stock purchase plan and exercise of stock options | 244,000 | 0 | 190,000 | 0 | 683,000 | 104,000 | 1,733,000 | 167,000 | 401,000 | 63,000 | ||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of year | ||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, end of year | ||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of noncash investing items: | ||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment in accounts payable and accrued liabilities | -61,000 | -435,000 | 135,000 | -119,000 | 167,000 | 245,000 | 794,000 | -593,000 | 435,000 | 391,000 | 282,000 | 230,000 | 26,000 | -14,000 | ||||||||||||||||||||||||||||
supplemental disclosures of noncash financing items: | ||||||||||||||||||||||||||||||||||||||||||
deemed dividend on warrants | ||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock, net of issuance costs | 0 | 0 | 0 | 0 | 0 | 107,712,000 | ||||||||||||||||||||||||||||||||||||
proceeds from employee purchase plan and exercise of stock options | 253,000 | 0 | ||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of pre-funded warrants and tranche warrants, net of issuance costs | ||||||||||||||||||||||||||||||||||||||||||
net loss | -1,087,000 | -3,311,000 | -27,952,000 | -23,296,000 | -24,184,000 | -23,885,000 | -26,228,000 | -22,584,000 | -14,701,000 | -14,710,000 | -35,456,000 | -23,697,000 | -28,961,000 | -14,124,000 | -32,233,000 | -23,431,000 | -13,447,000 | -15,493,000 | 621,000 | -10,247,000 | -25,216,000 | -8,257,000 | ||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | -321,000 | 366,000 | 1,645,000 | 781,000 | -3,188,000 | -687,000 | 1,307,000 | -613,000 | -463,000 | 75,000 | 1,559,000 | 1,640,000 | 2,175,000 | -14,957,000 | 1,881,000 | -1,527,000 | 906,000 | 814,000 | -1,361,000 | -1,660,000 | -756,000 | -1,122,000 | 496,000 | -269,000 | -461,000 | -222,000 | 505,000 | -990,000 | 27,000 | -1,139,000 | -1,095,000 | |||||||||||
other assets | 4,000 | 4,000 | 868,000 | 0 | 7,000 | -1,000 | 1,000 | -1,000 | 1,345,000 | -74,000 | -793,000 | 0 | 0 | 636,000 | 0 | 0 | 0 | -20,000 | 1,716,000 | 169,000 | -487,000 | 220,000 | -2,747,000 | 42,000 | 41,000 | 55,000 | 7,000 | |||||||||||||||
net decrease in cash, cash equivalents and restricted cash | -8,853,000 | -31,512,000 | 1,179,000 | -137,293,000 | -45,139,000 | -41,015,000 | -57,170,000 | -35,393,000 | ||||||||||||||||||||||||||||||||||
maturities of investments | 0 | 10,002,000 | 43,000,000 | |||||||||||||||||||||||||||||||||||||||
net cash from (used) in operating activities | 9,349,000 | |||||||||||||||||||||||||||||||||||||||||
purchase of short-term investments | -146,594,000 | |||||||||||||||||||||||||||||||||||||||||
amortization of premium (accretion of discounts) on investments | -5,000 | -14,000 | -16,000 | -17,000 | -15,000 | 6,000 | 140,000 | 141,000 | ||||||||||||||||||||||||||||||||||
accrued liabilities, income tax payable and other long-term liabilities | -3,879,000 | 2,727,000 | -7,272,000 | -2,615,000 | 9,380,000 | -2,000,000 | -13,499,000 | -6,605,000 | -751,000 | 10,158,000 | 1,145,000 | |||||||||||||||||||||||||||||||
purchases of investments | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
issuance of common stock in connection with ucsb sublicense fee | ||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of cash flow information: | ||||||||||||||||||||||||||||||||||||||||||
cash paid for income taxes | ||||||||||||||||||||||||||||||||||||||||||
right of use assets obtained in exchange for operating lease obligations | ||||||||||||||||||||||||||||||||||||||||||
accrued and other long-term liabilities | -5,096,000 | |||||||||||||||||||||||||||||||||||||||||
accretion of discount on investments | 55,000 | 134,000 | 203,000 | |||||||||||||||||||||||||||||||||||||||
accretion of discounts on investments | -27,000 | -187,000 | -127,000 | -556,000 | -694,000 | -713,000 | ||||||||||||||||||||||||||||||||||||
issuance of stock in connection with ucsb sublicense fee | 0 | |||||||||||||||||||||||||||||||||||||||||
prepaid expenses, income tax receivable and other current assets | ||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of noncash investing and financing items: | ||||||||||||||||||||||||||||||||||||||||||
amortization of premium (accretion of discount) on investments | ||||||||||||||||||||||||||||||||||||||||||
non-cash acquisition of in process research and development asset charged to expense | ||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | -520,000 | -19,000 | 25,000 | 1,000 | 0 | 0 | 3,000 | 3,000 | 0 | |||||||||||||||||||||||||||||||||
related party accounts receivable | 68,000 | -41,000 | 28,000 | 99,000 | 53,000 | -94,000 | 45,000 | 214,000 | ||||||||||||||||||||||||||||||||||
proceeds from common stock issuance, net of issuance costs | ||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash (used) provided by operating activities: | ||||||||||||||||||||||||||||||||||||||||||
loss on disposal of property and equipment | ||||||||||||||||||||||||||||||||||||||||||
issuance of common stock in connection with services | ||||||||||||||||||||||||||||||||||||||||||
accrued liabilities and other liabilities | ||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of assets | ||||||||||||||||||||||||||||||||||||||||||
proceeds from employee stock purchases and exercise of stock options | ||||||||||||||||||||||||||||||||||||||||||
proceeds from stockholder notes | 0 | |||||||||||||||||||||||||||||||||||||||||
payment of deferred offering costs | 0 | 0 | 0 | -12,000 | ||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | -106,677,000 | 11,365,000 | 187,198,000 | -18,983,000 | 8,075,000 | |||||||||||||||||||||||||||||||||||||
gain on disposal of property and equipment | 0 | 0 | -1,000 | |||||||||||||||||||||||||||||||||||||||
amortization of premiums (accretion of discounts) on investments | -471,000 | -382,000 | -261,000 | |||||||||||||||||||||||||||||||||||||||
non-cash acquisition of in-process research and development asset charged to expense | 0 | |||||||||||||||||||||||||||||||||||||||||
proceeds from common stock issuance, net of underwriting discounts and issuance costs of 9,154 | ||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options and employee stock purchases | ||||||||||||||||||||||||||||||||||||||||||
non-cash adjustment to deferred revenue resulting from the adoption of asc 606 | 0 | |||||||||||||||||||||||||||||||||||||||||
non-cash adjustment to deferred revenue resulting from adoption of asc 606 | 10,912,000 | |||||||||||||||||||||||||||||||||||||||||
amortization of debt discount | 0 | |||||||||||||||||||||||||||||||||||||||||
accretion of discount on short-term investments | 467,000 | 350,000 | 370,000 | |||||||||||||||||||||||||||||||||||||||
change in fair value of convertible preferred stock liability | 0 | |||||||||||||||||||||||||||||||||||||||||
change in fair value of convertible preferred stock warrant liability | 0 | |||||||||||||||||||||||||||||||||||||||||
increase in restricted cash | ||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of redeemable convertible preferred stock, net of issuance costs | 0 | |||||||||||||||||||||||||||||||||||||||||
proceeds from initial public offering, net of issuance costs | ||||||||||||||||||||||||||||||||||||||||||
repayment of notes payable | -40,000 | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of year | ||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of year | ||||||||||||||||||||||||||||||||||||||||||
accretion to redemption value and cumulative dividends on preferred stock | 558,000 | |||||||||||||||||||||||||||||||||||||||||
convertible preferred stock liability recorded in connection with redeemable convertible preferred stock | 0 | |||||||||||||||||||||||||||||||||||||||||
stock issuance costs in accounts payable and accrued liabilities | ||||||||||||||||||||||||||||||||||||||||||
issuance of stock in connection with services | 0 | 0 | 159,000 | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 0 | 0 | 104,645,000 | 0 | 0 | 59,822,000 | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | 11,365,000 | 187,198,000 | 85,662,000 | -2,621,000 | -5,518,000 | 67,897,000 | ||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash (used) provided by operating activities: | ||||||||||||||||||||||||||||||||||||||||||
(gain)/loss on disposal of property and equipment | ||||||||||||||||||||||||||||||||||||||||||
net cash (used in)/provided by operating activities | ||||||||||||||||||||||||||||||||||||||||||
net cash provided by/(used in) investing activities | ||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock under equity incentive plans | ||||||||||||||||||||||||||||||||||||||||||
net increase/(decrease) in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||
net cash from / (used in) investing activities | 13,579,000 | |||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||
cash paid for interest | ||||||||||||||||||||||||||||||||||||||||||
net change in acquisition of property and equipment in accounts payable and accrued liabilities | -89,000 | |||||||||||||||||||||||||||||||||||||||||
issuance costs in accounts payable and accrued liabilities | ||||||||||||||||||||||||||||||||||||||||||
deferred offering costs in accounts payable and accrued liabilities | ||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from / (used in) operating activities: | ||||||||||||||||||||||||||||||||||||||||||
net cash from / (used in) operating activities | ||||||||||||||||||||||||||||||||||||||||||
net increase / (decrease) in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||
accrued liabilities | -371,000 | 1,437,000 | ||||||||||||||||||||||||||||||||||||||||
issuance of common stock in connection with a license agreement | ||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of notes payable | ||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock warrants issued in connection with debt |
