7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 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 2015-06-30 2015-03-31 2014-09-30 2014-06-30 2014-03-31 2013-09-30 
      
    		                                               
      collaboration revenue
    		1,741,000 1,907,000 1,629,000 1,860,000 3,074,000 6,772,000 1,925,000 1,676,000 1,944,000 933,000 58,980,000 44,356,000 14,981,000 18,549,000 18,414,000 17,069,000 14,225,000 13,412,000 11,142,000 15,896,000 7,558,000 5,465,000 2,515,000 2,802,000 2,429,000 2,817,000 2,632,000 1,661,000 1,026,000 1,027,000 1,026,000 1,027,000 1,026,000 1,026,000 1,027,000 1,027,000 1,026,000 1,027,000 1,322,000 1,076,000 1,026,000 329,000     209,000 
      operating expenses:
    		                                               
      research and development
    		25,838,000 27,430,000 29,136,000 33,609,000 34,650,000 34,604,000 32,138,000 31,816,000 34,275,000 40,876,000 65,629,000 87,191,000 79,817,000 81,307,000 72,139,000 69,515,000 53,130,000 48,023,000 44,852,000 38,982,000 30,694,000 26,669,000 29,278,000 25,209,000 23,202,000 21,631,000 17,728,000 14,095,000 13,637,000 16,816,000 11,476,000 9,887,000 8,578,000 7,927,000 7,966,000 6,230,000 6,804,000 6,782,000 6,636,000 5,433,000 5,003,000 4,857,000 4,568,000 4,080,000 3,968,000 4,522,000 3,378,000 
      general and administrative
    		10,638,000 11,445,000 13,773,000 15,262,000 20,801,000 17,251,000 20,855,000 17,935,000 18,948,000 22,622,000 21,943,000 21,584,000 21,555,000 20,351,000 20,742,000 16,936,000 15,718,000 12,168,000 12,500,000 10,313,000 8,351,000 7,503,000 7,729,000 6,671,000 6,346,000 5,270,000 5,350,000 4,307,000 4,081,000 3,816,000 3,604,000 3,384,000 2,788,000 2,669,000 3,032,000 2,451,000 2,611,000 2,249,000 2,602,000 2,555,000 2,351,000 2,690,000 2,756,000 1,904,000 2,072,000 2,415,000 1,979,000 
      total operating expenses
    		36,476,000 38,875,000 42,909,000 63,608,000 55,451,000 51,855,000 52,993,000 49,751,000 53,223,000 63,498,000 87,572,000 108,775,000 101,372,000 101,658,000 92,881,000 86,451,000 68,848,000 60,191,000 57,352,000 49,295,000 39,045,000 34,172,000 37,007,000 31,880,000 29,548,000 26,901,000 23,078,000 18,402,000 17,718,000 20,632,000 15,080,000 13,271,000 11,366,000 10,596,000 10,998,000 8,681,000 9,415,000 9,031,000 9,238,000 7,988,000 7,354,000 7,547,000 7,324,000 5,984,000 6,040,000 6,937,000 5,357,000 
      income from operations
    		-34,735,000 -36,968,000 -41,280,000 -61,748,000 -52,377,000 -45,083,000 -51,068,000 -48,075,000 -51,279,000 -62,565,000 -28,592,000 -64,419,000 -86,391,000 -83,109,000 -74,467,000 -69,382,000 -54,623,000 -46,779,000 -46,210,000 -33,399,000 -31,487,000 -28,707,000 -34,492,000 -29,078,000 -27,119,000 -24,084,000 -20,446,000 -16,741,000 -16,692,000 -19,605,000 -14,054,000 -12,244,000 -10,340,000 -9,570,000 -9,971,000 -7,654,000 -8,389,000 -8,004,000 -7,916,000         
      yoy
    		-33.68% -18.00% -19.17% 28.44% 2.14% -27.94% 78.61% -25.37% -40.64% -24.72% -61.60% -7.15% 58.16% 77.66% 61.15% 107.74% 73.48% 62.95% 33.97% 14.86% 16.11% 19.20% 68.70% 73.69% 62.47% 22.85% 45.48% 36.73% 61.43% 104.86% 40.95% 59.97% 23.26% 19.57% 25.96%             
      qoq
    		-6.04% -10.45% -33.15% 17.89% 16.18% -11.72% 6.23% -6.25% -18.04% 118.82% -55.62% -25.43% 3.95% 11.61% 7.33% 27.02% 16.77% 1.23% 38.36% 6.07% 9.68% -16.77% 18.62% 7.22% 12.60% 17.79% 22.13% 0.29% -14.86% 39.50% 14.78% 18.41% 8.05% -4.02% 30.27% -8.76% 4.81% 1.11%          
      operating margin %
    		                                               
      other income:
    		                                               
      interest income
    		2,575,000 2,921,000 3,336,000 3,874,000 4,438,000 4,827,000 4,149,000 4,414,000 4,697,000 4,381,000 3,694,000 2,880,000 1,787,000 757,000 418,000 297,000 289,000 346,000 377,000 346,000 447,000 635,000 972,000 1,314,000 910,000 1,015,000 1,091,000 1,144,000 339,000 376,000 331,000 159,000 152,000 137,000 111,000 43,000 37,000 31,000 27,000 3,000 4,000 2,000 1,000  1,000   
      change in fair value of stock price appreciation milestones
    		-90,000 -73,000 280,000 670,000 -13,000 1,556,000 -1,394,000 -645,000 1,049,000 393,000 1,718,000 5,176,000 891,000 5,881,000 8,359,000 464,000 11,026,000 -8,700,000 744,000 -20,058,000 -27,644,000                           
      other income
    		 50,000 43,000 5,051,000 274,000 273,000 309,000 184,000 363,000 5,036,000 4,299,000  150,000 366,000                                  
      total other income
    		2,485,000 2,898,000 3,659,000 9,595,000 4,699,000 6,656,000 3,064,000 3,953,000 6,109,000 9,810,000 9,711,000 8,056,000 2,828,000 7,004,000 8,777,000 761,000 11,315,000 -8,354,000 1,121,000 -19,712,000 -27,197,000 635,000 972,000 776,000 510,000 606,000 686,000 714,000 -90,000 -49,000 -81,000 -253,000 -344,000 -75,000 -155,000 -286,000 -348,000 -404,000 -461,000         
      net income
    		-32,250,000 -34,070,000 -37,621,000 -52,153,000 -47,678,000 -38,427,000 -48,004,000 -44,122,000 -45,170,000 -52,755,000 -18,881,000 -56,363,000 -83,563,000 -76,105,000 -65,690,000 -68,621,000 -43,308,000 -55,133,000 -45,089,000 -53,111,000 -58,684,000 -28,072,000 -33,520,000 -28,302,000 -26,609,000 -23,478,000 -19,760,000 -16,027,000 -16,782,000 -19,654,000 -14,135,000 -12,497,000 -10,684,000 -9,645,000 -10,126,000 -7,940,000 -8,737,000 -8,408,000 -8,377,000         
      yoy
    		-32.36% -11.34% -21.63% 18.20% 5.55% -27.16% 154.25% -21.72% -45.94% -30.68% -71.26% -17.86% 92.95% 38.04% 45.69% 29.20% -26.20% 96.40% 34.51% 87.66% 120.54% 19.57% 69.64% 76.59% 58.56% 19.46% 39.79% 28.25% 57.08% 103.77% 39.59% 57.39% 22.28% 14.71% 20.88%             
      qoq
    		-5.34% -9.44% -27.86% 9.39% 24.07% -19.95% 8.80% -2.32% -14.38% 179.41% -66.50% -32.55% 9.80% 15.85% -4.27% 58.45% -21.45% 22.28% -15.10% -9.50% 109.05% -16.25% 18.44% 6.36% 13.34% 18.82% 23.29% -4.50% -14.61% 39.04% 13.11% 16.97% 10.77% -4.75% 27.53% -9.12% 3.91% 0.37%          
      net income margin %
    		                                              0% 
      other comprehensive loss:
    		                                               
      unrealized gain on available-for-sale securities
    		91,000   -567,000 1,257,000 -228,000 -209,000 514,000 88,000 59,000 1,208,000 1,399,000 128,000 -531,000  -689,000 13,000 174,000 -330,000 -242,000 -311,000 481,000 120,000 -29,000 -42,000 93,000 2,000 12,000 1,000   -3,000 26,000 -5,000 -33,000 750 -8,000 -3,000 14,000         
      comprehensive loss
    		-32,159,000 -34,199,000 -37,698,000 -52,720,000 -46,421,000 -38,655,000 -48,213,000 -43,608,000 -45,082,000 -52,696,000 -17,673,000 -54,964,000 -83,435,000 -76,636,000 -67,778,000 -69,310,000 -43,295,000 -54,959,000 -45,419,000 -53,353,000 -58,995,000 -27,591,000 -33,400,000 -28,331,000 -26,651,000 -23,385,000 -19,758,000 -16,015,000 -16,781,000 -19,656,000 -14,145,000 -12,487,000 -10,658,000 -9,650,000 -10,159,000 -7,944,000 -8,745,000 -8,411,000 -8,363,000         
      net income per common share, basic and diluted
    		-270 -290 -320 -450 -400 -330 -470 -450 -460 -540 -190 -580 -860 -790 -680 -720 -450 -580 -480 -610 -680 -350 -440 -380 -400 -360 -300 -240 -310 -370 -270 -280 -260 -230 -240 -200 -270 -290 -290 -260 -240 -330 -380 -320 -300 -340 -4,810 
      weighted-average common shares used to compute basic and diluted net income per share
    		118,998,693 118,528,046 118,375,540  117,769,161 117,468,124 101,104,345  98,568,012 98,400,355 98,054,687  97,023,506 96,704,413 96,343,529  95,409,201 94,326,648 93,431,877  86,887,280 79,304,627 75,886,964  66,929,503 65,213,364 64,920,621  54,185,022 53,130,518 52,763,306  41,428,845 41,406,367 41,388,329  32,090,174 28,868,464 28,777,790  28,650,356 23,920,630 20,554,478 20,489,181 20,467,782 20,346,856  
      unrealized loss on available-for-sale securities
    		 -129,000 -77,000            -2,088,000               -2,000 -10,000                 
      other comprehensive income:
    		                                               
      interest expense
    		                       -538,000 -400,000 -409,000 -405,000 -430,000 -429,000 -425,000 -412,000 -412,000 -378,000 -212,000 -266,000 -329,000 -385,000 -435,000 -488,000         
      loss on extinguishment of debt
    		                                -118,000               
      net income and comprehensive loss
    		                                       -7,446,000 -6,886,000 -7,779,000 -7,881,000 -6,603,000 -6,067,000 -6,980,000 -6,073,000 
      revenues:
    		                                               
      grant revenue
    		                                               
      total revenue
    		                                              209,000 
      yoy
    		                                               
      qoq
    		                                               
      change in fair value of exchangeable shares
    		                                               
      change in fair value of warrant liability
    		                                               
      income from 48d tax credit
    		                                               
      weighted-average shares used for eps calculation
    		                                              1,262,546,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.