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 
      
    		                             
      assets
    		                             
      current assets:
    		                             
      cash and cash equivalents
    		580,013,000 629,143,000 698,572,000 525,540,000 688,368,000 1,035,239,000 1,129,257,000 1,133,537,000 457,339,000 271,073,000 223,640,000 141,647,000 158,310,000 215,169,000 573,604,000 492,202,000 832,370,000 938,590,000 869,372,000 832,977,000 142,945,000 164,671,000 152,239,000 143,228,000 147,188,000 174,653,000 153,790,000 140,544,000 113,957,000 
      short-term marketable securities
    		   314,438,000 310,701,000   35,097,000 697,482,000 953,776,000 713,380,000 869,584,000 799,727,000 638,521,000 388,662,000 440,546,000 653,601,000 853,072,000 1,071,078,000 961,903,000 870,459,000 773,160,000 367,853,000 379,574,000 375,768,000 370,974,000 313,069,000 278,417,000 157,385,000 
      accounts receivable
    		115,585,000 130,252,000 115,426,000 110,253,000 88,465,000 100,519,000 84,562,000 88,783,000 88,801,000 86,468,000 87,204,000 97,256,000 86,200,000 95,276,000 84,331,000 97,652,000 60,744,000 53,667,000 48,039,000 53,299,000 36,255,000 41,017,000 48,015,000 47,986,000 39,689,000 40,363,000 28,989,000 35,690,000 14,640,000 
      inventory
    		90,489,000 84,061,000 77,256,000 71,083,000 72,298,000 66,984,000 62,991,000 61,948,000 77,036,000 60,529,000 46,474,000 51,598,000 63,047,000 59,890,000 36,613,000 30,674,000 24,739,000 26,494,000 28,876,000 22,716,000 27,731,000 20,354,000 25,148,000 15,181,000 14,760,000 14,176,000 10,256,000 9,136,000 7,075,000 
      prepaid expenses and other current assets
    		42,798,000 39,976,000 35,772,000 33,800,000 66,883,000 87,232,000 31,736,000 27,741,000 26,239,000 25,809,000 33,762,000 31,509,000 23,565,000 28,283,000 30,070,000 53,052,000 21,958,000 19,236,000 15,679,000 17,466,000 9,898,000 11,101,000 14,137,000 11,389,000 5,657,000 4,082,000 6,151,000 5,204,000 4,024,000 
      total current assets
    		828,885,000 883,432,000 927,026,000 1,055,114,000 1,226,715,000 1,289,974,000 1,308,546,000 1,347,106,000 1,346,897,000 1,397,655,000 1,104,460,000 1,191,594,000 1,130,849,000 1,037,139,000 1,113,280,000 1,114,126,000 1,593,412,000 1,891,059,000 2,033,044,000 1,888,361,000 1,087,288,000 1,010,303,000 607,392,000 597,358,000 583,062,000 604,248,000 512,255,000 468,991,000 297,081,000 
      restricted cash
    		109,502,000 106,337,000 105,281,000 104,215,000                          
      property and equipment
    		124,609,000 126,141,000 129,294,000 136,813,000 125,169,000 132,317,000 138,387,000 145,096,000 147,671,000 155,741,000 163,229,000 167,920,000 168,007,000 163,362,000 151,322,000 124,461,000 106,156,000 89,737,000 71,765,000 62,782,000 61,882,000 56,995,000 46,685,000 43,668,000 40,759,000 34,811,000 30,581,000 31,003,000 30,318,000 
      right-of-use assets
    		163,550,000 169,768,000 140,500,000 142,265,000 144,964,000 146,111,000 151,881,000 157,616,000 161,668,000 165,273,000 170,651,000 174,001,000 178,747,000 183,703,000 188,607,000 189,443,000 196,436,000 200,958,000 205,671,000 37,343,000 36,103,000 38,503,000 30,132,000 29,140,000      
      intangible assets
    		5,477,000 5,864,000 6,280,000 6,760,000 7,251,000 7,742,000 8,294,000 8,979,000 9,670,000 10,361,000 11,047,000 11,727,000 12,417,000 13,108,000 13,727,000 14,207,000 14,698,000 15,189,000 15,674,000 16,155,000 16,645,000 17,148,000 17,681,000 8,524,000 8,755,000 8,987,000    
      goodwill
    		3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 3,290,000 2,928,000 2,935,000    
      other assets
    		41,473,000 37,167,000 32,555,000 37,152,000 31,338,000 29,906,000 94,200,000 124,334,000 128,035,000 107,697,000 58,954,000 61,453,000 51,728,000 70,560,000 70,919,000 60,938,000 61,316,000 36,284,000 17,297,000 17,208,000 5,453,000 5,124,000 4,721,000 4,882,000 3,073,000 3,159,000 2,862,000 2,046,000 1,936,000 
      total assets
    		1,276,786,000 1,331,999,000 1,344,226,000 1,485,609,000 1,538,727,000 1,609,340,000 1,704,598,000 1,786,421,000 1,797,231,000 1,840,017,000 1,511,631,000 1,609,985,000 1,701,779,000 1,853,737,000 2,129,598,000 2,204,499,000 2,225,534,000 2,291,885,000 2,346,741,000 2,271,781,000 1,262,109,000 1,277,536,000 948,167,000 962,535,000 948,334,000 939,989,000 579,171,000 587,403,000 344,599,000 
      liabilities and stockholders’ deficit
    		                             
      current liabilities:
    		                             
      accounts payable
    		20,142,000 44,802,000 49,770,000 38,551,000 15,473,000 42,447,000 37,603,000      40,911,000 36,971,000 32,230,000 17,580,000 15,674,000 21,399,000 22,318,000 7,340,000 18,281,000 15,982,000 24,378,000 16,197,000 12,054,000 15,700,000 7,163,000 10,642,000 13,081,000 
      accrued compensation
    		98,209,000 68,262,000 63,678,000 83,219,000 80,647,000 59,067,000 92,639,000      57,423,000 38,672,000 56,158,000 42,496,000 38,838,000 34,735,000 37,180,000 28,280,000 24,037,000 18,526,000 22,935,000 18,557,000 24,604,000 13,687,000 14,683,000 12,986,000 7,430,000 
      accrued expenses
    		71,707,000 71,011,000 76,003,000 68,345,000 71,671,000 70,680,000 67,211,000      63,367,000 77,157,000 51,851,000 45,285,000 40,475,000 31,998,000 27,643,000 22,639,000 22,312,000 24,055,000 23,073,000 25,703,000 17,239,000 11,092,000 9,137,000 7,081,000 7,482,000 
      deferred revenue
    		46,861,000 54,355,000 36,302,000 35,468,000 29,554,000 29,375,000 22,556,000 17,965,000 21,485,000 12,237,000 13,621,000 17,403,000 13,423,000 14,955,000 10,570,000 11,326,000 7,317,000 8,480,000 8,360,000 8,550,000 7,337,000 11,485,000 11,936,000 12,277,000 13,095,000 16,496,000 17,113,000 16,138,000 3,955,000 
      total current liabilities
    		236,919,000 238,430,000 225,753,000 225,583,000 197,345,000 201,569,000 220,009,000 205,917,000 226,751,000 200,933,000 204,155,000 193,220,000 175,124,000 167,755,000 228,809,000 194,687,000 102,304,000 96,612,000 95,501,000 66,809,000 71,967,000 70,048,000 82,322,000 72,734,000 67,817,000 57,049,000 48,192,000 46,944,000 32,050,000 
      convertible senior notes, net, principal amount of 1,090,660 and 1,150,000 as of september 30, 2025 and december 31, 2024, respectively
    		1,114,594,000                             
      long-term operating lease liabilities
    		185,387,000 192,348,000 160,378,000 164,292,000 170,131,000 172,194,000 178,907,000 185,848,000 192,677,000 198,230,000 204,857,000 210,015,000 216,174,000 221,503,000 225,377,000 226,053,000 216,806,000 211,783,000 210,244,000 41,565,000 39,682,000 41,117,000 33,773,000 33,256,000      
      other long-term liabilities
    		94,359,000 91,170,000 92,545,000 92,834,000 89,446,000 95,934,000 96,786,000 96,006,000 10,182,000 9,450,000 9,136,000 9,179,000 6,988,000 9,287,000 6,909,000 3,933,000 3,424,000 2,486,000 1,651,000 1,520,000 1,856,000 1,382,000 1,459,000 1,672,000 1,220,000 1,303,000 150,000 206,000 206,000 
      total liabilities
    		1,631,259,000 1,637,474,000 1,595,015,000 1,625,256,000 1,598,823,000 1,610,953,000 1,636,313,000 1,627,737,000 1,568,932,000 1,547,291,000 1,556,182,000 1,549,805,000 1,535,034,000 1,534,650,000 1,596,558,000 1,559,494,000 1,456,714,000 1,444,420,000 1,440,295,000 916,186,000 113,505,000 112,547,000 117,554,000 114,542,000 86,438,000 77,715,000 64,537,000 62,451,000 47,462,000 
      commitments and contingencies
    		                             
      stockholders’ deficit:
    		                             
      preferred stock, par value of 0.00001 per share; 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2025 and december 31, 2024
    		                             
      common stock
    		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   
      treasury stock
    		-45,010,000 -45,010,000 -45,010,000                           
      additional paid-in capital
    		2,560,814,000 2,516,550,000 2,472,272,000 2,443,788,000 2,410,416,000 2,363,501,000 2,329,930,000 2,304,220,000 2,188,797,000 2,169,911,000 1,763,544,000  1,716,075,000 1,703,832,000 1,682,406,000  1,626,926,000 1,597,419,000 1,557,954,000  1,601,188,000 1,544,373,000 1,157,945,000    771,009,000   
      accumulated other comprehensive loss
    		-4,260,000 -3,723,000 -4,658,000 -5,201,000 -3,284,000 -5,640,000 -4,799,000 -3,675,000 -5,680,000 -8,469,000 -12,150,000  -26,852,000 -24,261,000 -18,314,000            333,000   
      accumulated deficit
    		-2,866,018,000 -2,773,293,000 -2,673,394,000 -2,578,235,000 -2,467,229,000 -2,359,475,000 -2,256,847,000 -2,141,862,000 -1,954,819,000 -1,868,717,000 -1,795,946,000  -1,522,479,000 -1,360,485,000 -1,131,053,000  -916,914,000 -809,388,000 -711,813,000  -512,847,000 -435,177,000 -380,538,000    -303,209,000   
      total stockholders’ deficit
    		-354,473,000 -305,475,000 -250,789,000                           
      total liabilities and stockholders’ deficit
    		1,276,786,000 1,331,999,000 1,344,226,000                           
      convertible senior notes, net, principal amount of 1,090,660 and 1,150,000 as of june 30, 2025 and december 31, 2024, respectively
    		 1,115,526,000                            
      preferred stock, par value of 0.00001 per share; 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2025 and december 31, 2024
    		                             
      convertible senior notes, net, principal amount of 1,090,660 and 1,150,000 as of march 31, 2025 and december 31, 2024, respectively
    		  1,116,339,000                           
      preferred stock, par value of 0.00001 per share; 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2025 and december 31, 2024
    		                             
      liabilities and stockholders’ equity
    		                             
      convertible senior notes
    		   1,142,547,000 1,141,901,000 1,141,256,000 1,140,611,000 1,139,966,000 1,139,322,000 1,138,678,000 1,138,034,000 1,137,391,000 1,136,748,000 1,136,105,000 1,135,463,000 1,134,821,000 1,134,180,000 1,133,539,000 1,132,899,000 806,292,000          
      stockholders’ equity
    		                             
      preferred stock, par value of 0.00001 per share; 10,000,000 shares authorized, no shares issued and outstanding as of december 31, 2024 and 2023
    		                             
      total stockholders’ equity
    		   -139,647,000   68,285,000 158,684,000 228,299,000 292,726,000   166,745,000 319,087,000 533,040,000  709,420,000 788,065,000 847,046,000  1,092,204,000 1,114,589,000 785,113,000    468,134,000   
      total liabilities and stockholders’ equity
    		   1,485,609,000   1,704,598,000 1,786,421,000 1,797,231,000 1,840,017,000   1,701,779,000 1,853,737,000 2,129,598,000               
      stockholders’ equity:
    		                             
      preferred stock, par value of 0.00001 per share; 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2024 and december 31, 2023
    		                             
      total stockholders’ (deficit) equity
    		    -60,096,000 -1,613,000     -44,551,000                   
      total liabilities and stockholders’ (deficit) equity
    		    1,538,727,000 1,609,340,000     1,511,631,000                   
      preferred stock, par value of 0.00001 per share; 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2024 and december 31, 2023
    		                             
      preferred stock, par value of 0.00001 per share; 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2024 and december 31, 2023
    		                             
      accounts payable and accrued liabilities
    		       187,952,000 205,266,000 188,696,000 190,534,000 175,817,000                  
      preferred stock, par value of 0.00001 per share; 10,000,000 shares authorized, no shares issued and outstanding as of december 31, 2023 and 2022
    		                             
      preferred stock, par value of 0.00001 per share; 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2023 and december 31, 2022
    		                             
      preferred stock, par value of 0.00001 per share; 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2023 and december 31, 2022
    		                             
      liabilities and stockholders’ (deficit) equity
    		                             
      stockholders’ (deficit) equity:
    		                             
      preferred stock, par value of 0.00001 per share; 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2023 and december 31, 2022
    		                             
      long-term marketable debt securities
    		            156,741,000                 
      noncontrolling interest liability
    		              78,000,000 78,000,000              
      preferred stock, par value of 0.00001 per share; 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2022 and december 31, 2021
    		                             
      long-term marketable securities
    		             382,575,000 588,453,000 698,034,000 250,226,000 55,368,000  246,597,000 51,398,000 146,118,000 238,206,000 268,783,000 302,624,000 277,301,000 25,916,000 77,563,000 2,963,000 
      preferred stock, par value of 0.00001 per share; 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2022 and december 31, 2021
    		                             
      preferred stock, par value of 0.00001 per share; 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2022 and december 31, 2021
    		                             
      liabilities, redeemable noncontrolling interest and stockholders’ equity
    		                             
      redeemable noncontrolling interest
    		                59,400,000 59,400,000 59,400,000  56,400,000 50,400,000 45,500,000 49,600,000 46,500,000 46,800,000 46,500,000 41,800,000 41,950,000 
      accumulated other comprehensive income
    		                -593,000 33,000 904,000  3,862,000 5,392,000 7,705,000       
      total liabilities, redeemable noncontrolling interest and stockholders’ equity
    		                2,225,534,000 2,291,885,000 2,346,741,000  1,262,109,000 1,277,536,000 948,167,000    579,171,000   
      capitalized license fees
    		                   45,000 50,000 55,000 60,000 6,890,000 7,133,000 7,313,000 7,557,000 7,800,000 8,044,000 
      obligation related to royalty
    		                       6,880,000 6,780,000 7,136,000 7,120,000 7,338,000 7,446,000 
      deferred rent, net of current portion
    		                        10,564,000 10,912,000 8,975,000 7,844,000 7,623,000 
      capital lease, current
    		                        80,000 74,000 96,000 97,000 102,000 
      deferred rent, current
    		                        745,000     
      capital lease, net of current portion
    		                        57,000 80,000 100,000 119,000 137,000 
      deferred tax assets
    		                         1,235,000    
      deferred tax liabilities
    		                         1,235,000    
      deferred offering costs
    		                            4,257,000 
    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.