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 
      
    		                         
      cash flows from operating activities
    		                         
      net income
    		119,244,000 -77,491,000 -72,178,000 -130,312,000 -51,821,000 -52,772,000 -39,572,000 -33,955,000 -27,440,000 -27,926,000 -23,640,000 -24,201,000 1,615,000 -22,056,000 -14,013,000 -18,212,000 -11,582,000 -10,947,000 -9,021,000 -5,135,000 -4,926,000 -12,391,000 -12,043,000 -10,781,000 -10,969,000 
      adjustments to reconcile net income to net cash from operating activities
    		                         
      depreciation and amortization
    		661,000 718,000 600,000 572,000 577,000 622,000 616,000 629,000 640,000 619,000 588,000 558,000 569,000 510,000 464,000 448,000 451,000 444,000 382,000 361,000 347,000 337,000 336,000 330,000 324,000 
      net accretion of discounts on marketable securities
    		-1,982,000 -2,692,000 -3,778,000                       
      stock-based compensation
    		12,217,000 11,868,000 10,237,000 9,485,000 9,215,000 9,734,000 6,312,000 4,798,000 5,301,000 4,731,000 3,659,000 2,975,000 3,005,000 3,044,000 2,605,000 2,064,000 2,197,000 2,058,000 1,918,000 1,046,000 981,000 824,000 758,000 719,000 518,000 
      amortization of right-of-use assets
    		369,000 515,000 533,000  435,000 475,000 466,000  386,000 379,000 372,000  356,000             
      changes in assets and liabilities
    		                         
      prepaid expenses and other assets
    		192,000 -500,000 -1,970,000 -1,736,000 -934,000 -371,000 -3,133,000 -724,000 1,187,000 -3,881,000 1,373,000 -1,627,000 -441,000 -451,000 400,000 206,000 1,324,000 -1,918,000 199,000 -429,000 767,000 -1,945,000 1,097,000 108,000 -328,000 
      accounts payable
    		1,191,000 -364,000 2,728,000 2,976,000 -3,939,000 9,696,000 -453,000 1,745,000 -699,000 1,601,000 -12,000 397,000 -449,000 1,053,000 863,000 -7,000 377,000 536,000 260,000 -459,000 493,000 227,000 -36,000 -42,000 36,000 
      accrued and other liabilities
    		7,508,000 4,843,000 2,875,000 2,274,000 2,895,000 6,898,000 -1,273,000 2,481,000 2,414,000 -2,841,000 -419,000 323,000 1,150,000 2,959,000 140,000 476,000 2,012,000 2,339,000 -615,000 1,806,000 1,437,000 -635,000 384,000 1,030,000 55,000 
      contract liabilities
    		       -1,439,000 -1,379,000 -3,437,000 -7,498,000 -3,828,000 -26,293,000 -5,562,000 -10,796,000 -1,951,000 -7,957,000 -7,431,000 -6,202,000 -7,260,000      
      lease liabilities
    		648,000 629,000 611,000 -86,000 -280,000 -538,000 -465,000 -487,000 -475,000 -459,000 -451,000 -442,000 -431,000 -417,000 -409,000 -401,000 -392,000 -377,000 -372,000 -363,000 870,000 -281,000 -275,000 -270,000 -402,000 
      net cash from operating activities
    		142,214,000 -62,474,000 -60,342,000 -121,655,000 -49,234,000 -32,882,000 -43,813,000 -23,748,000 -30,174,000 -33,460,000 -27,842,000 -23,370,000 -24,166,000 -19,992,000 -19,647,000 -16,657,000 -12,468,000 -12,930,000 -13,724,000 -11,596,000 90,210,000 -13,606,000 -9,545,000 -8,706,000 -10,550,000 
      capex
    		-70,000 -660,000 -676,000 -901,000 776,000 -1,111,000 -1,142,000 -838,000 -603,000 -1,030,000 703,000 0 -1,101,000 -1,470,000 149,000 -699,000 -650,000 -583,000 -620,000 180,000 -337,000 220,000 33,000 -216,000 -113,000 
      free cash flows
    		142,144,000 -63,134,000 -61,018,000 -122,556,000 -48,458,000 -33,993,000 -44,955,000 -24,586,000 -30,777,000 -34,490,000 -27,139,000 -23,370,000 -25,267,000 -21,462,000 -19,498,000 -17,356,000 -13,118,000 -13,513,000 -14,344,000 -11,416,000 89,873,000 -13,386,000 -9,512,000 -8,922,000 -10,663,000 
      cash flows from investing activities
    		                         
      purchases of property and equipment
    		-42,000 -663,000 -1,330,000 -1,102,000 -457,000 -973,000 -1,325,000 -838,000 -603,000 -884,000 -43,000 0 -1,101,000 -1,941,000 -401,000 -605,000 -458,000 -578,000 -1,003,000 -179,000 -245,000   -216,000 -82,000 
      purchases of marketable securities
    		-138,991,000 -127,553,000 -105,207,000 -337,041,000 -213,724,000 -164,763,000 -475,781,000 -221,605,000 -81,832,000 -220,247,000 -72,296,000 -65,501,000 -88,085,000 -37,922,000 -64,300,000 -32,568,000 -149,382,000 -94,308,000 -38,738,000 -27,902,000 -188,166,000 -14,993,000 -11,253,000 -1,887,000 -47,659,000 
      maturities of marketable securities
    		180,800,000 174,134,000 186,354,000 141,034,000 194,145,000 234,293,000 123,135,000 110,500,000 133,782,000 99,750,000 95,860,000 55,225,000 70,503,000 53,179,000 46,940,000 32,760,000 93,533,000 41,487,000 76,176,000 23,527,000 4,828,000 46,050,000 22,159,000 5,990,000 49,444,000 
      net cash from investing activities
    		41,767,000 45,918,000 79,817,000 -197,109,000 -20,036,000 68,557,000 -353,971,000 -111,943,000 51,347,000 -121,381,000 23,521,000 -10,276,000 -18,683,000 13,316,000 -17,761,000 -413,000 -56,307,000 -49,381,000 36,435,000 -4,554,000 -183,583,000 30,988,000 10,906,000 3,887,000 -38,441,000 
      cash flows from financing activities
    		                         
      proceeds from issuance of common stock upon public offering, net of issuance costs
    		        -249,000            6,789,000     
      proceeds from issuance of pre-funded warrants to purchase common stock, net of issuance costs
    		        0                 
      proceeds from issuance of common stock related to at-the-market offering program, net of issuance costs
    		-83,000 -25,000 25,009,000 -65,000 -27,000 36,321,000 343,650,000 -156,000 26,228,000 -34,000 2,560,000 -138,000 9,070,000 -66,000 -9,000 -23,000 -22,000 15,416,000 41,892,000       
      proceeds from espp purchase
    		0    0    0    -349,000    0    0     
      proceeds from exercise of common stock options
    		384,000 410,000 1,134,000 2,500,000 2,441,000 2,081,000 5,461,000  1,855,000              34,000 38,000 184,000 
      net cash from financing activities
    		301,000 1,205,000 26,143,000 2,753,000 286,504,000 39,183,000 349,111,000 140,894,000 27,834,000 191,063,000 2,926,000 324,000 95,697,000 491,000 653,000 688,000 86,776,000 15,986,000 42,004,000 6,949,000 27,068,000 94,699,000 34,000 38,000 -276,000 
      net increase in cash, cash equivalents and restricted cash
    		184,282,000 -15,351,000 45,618,000 -316,011,000 217,234,000   5,203,000 49,007,000   -33,322,000 52,848,000   -16,382,000 18,001,000 -46,325,000 64,715,000 -9,201,000 -66,305,000 112,081,000 1,395,000 -4,781,000 -49,267,000 
      cash, cash equivalents and restricted cash
    		184,282,000 -15,351,000 130,801,000 -316,011,000 217,234,000 74,858,000 109,102,000 5,203,000 49,007,000 36,222,000 67,343,000 -33,322,000 52,848,000 -6,185,000 55,397,000 -16,382,000 18,001,000 -46,325,000 136,858,000 -9,201,000 -66,305,000 112,081,000 35,568,000 -4,781,000 -49,267,000 
      cash, cash equivalents and restricted cash, at beginning of period
    		0 0 85,183,000 0 0 0 157,775,000 0 0 0 68,738,000 0 0 0 92,152,000 0 0 0 72,143,000 0 0 0 34,173,000 0 0 
      cash, cash equivalents and restricted cash, at end of period
    		184,282,000 -15,351,000 130,801,000 -316,011,000 217,234,000 74,858,000 109,102,000 5,203,000 49,007,000 36,222,000 67,343,000 -33,322,000 52,848,000 -6,185,000 55,397,000 -16,382,000 18,001,000 -46,325,000 136,858,000 -9,201,000 -66,305,000 112,081,000 35,568,000 -4,781,000 -49,267,000 
      reconciliation of cash, cash equivalents and restricted cash
    		                         
      cash and cash equivalents
    		184,282,000 -15,351,000 129,996,000 -315,905,000 217,234,000 74,704,000 108,345,000 5,168,000 49,007,000 35,606,000 67,237,000 -33,322,000 52,848,000 -6,185,000 55,291,000 -16,382,000 18,001,000 -46,325,000 136,752,000 -9,201,000 -66,305,000 112,081,000 35,462,000 -4,781,000 -49,267,000 
      restricted cash
    		0 0 805,000 -106,000 0 154,000 757,000 35,000 0 616,000 106,000 0 0 0 106,000 0 0 0 106,000 0 0 0 106,000 0 0 
      supplemental disclosure of cash flow information:
    		                         
      cash paid for interest
    		   0 3,000 10,000 12,000 32,000 11,000 13,000 13,000 14,000 14,000 16,000 16,000 16,000 18,000 18,000 19,000 20,000 20,000 21,000 21,000 22,000 45,000 
      supplemental non-cash investing and financing activities:
    		                         
      right-of-use asset obtained in exchange for a new operating lease liability
    		0 0 6,186,000 461,000                      
      purchases of property and equipment in accounts payable and accrued liabilities
    		-28,000 3,000 654,000 201,000 1,233,000 -138,000 183,000   -146,000 746,000   471,000 550,000 -94,000 -192,000 -5,000 383,000 359,000 -92,000 220,000 33,000  -31,000 
      unpaid offering costs
    		       8,000 -316,000 295,000 56,000 -457,000      111,000 60,000       
      unpaid at-the-market offering program costs
    		   -3,000 0                     
      net amortization (accretion) of premiums (discounts) on marketable securities
    		   -4,916,000 -5,363,000 -6,640,000 -6,314,000 -3,876,000 -3,566,000 -2,554,000 -1,557,000 -1,127,000 -86,000 169,000 349,000 469,000 466,000 445,000 454,000       
      amortization of right of use assets
    		                         
      accounts receivable
    		   17,000 -19,000 14,000 3,000 6,685,000 -6,543,000 308,000 -257,000 3,238,000 -3,161,000 409,000 406,000 -85,000 307,000 1,597,000 -1,045,000       
      proceeds from issuance of common stock in public offering, net of issuance costs
    		                         
      proceeds from issuances of pre-funded warrants
    		                         
      proceeds from espp purchases
    		                         
      net decrease in cash, cash equivalents and restricted cash
    		      -48,673,000    -1,395,000               
      accrued atm costs
    		      145,000                   
      sales of marketable securities
    		               0 0       0 -40,144,000 
      proceeds from exercise of common stock options, net of repurchases
    		          366,000 517,000 496,000 -227,000 662,000 341,000 808,000 243,000 112,000 173,000 291,000     
      cash paid for income taxes
    		               0 0   0 0 0 1,000 0 0 
      vesting of early exercised options and restricted stock
    		               1,000 2,000 3,000 18,000 12,000 13,000 15,000 16,000 26,000 17,000 
      loss on sale of property and equipment
    		                    0 0 2,000   
      realized gain on marketable securities
    		                    0     
      right-of-use assets
    		              344,000 336,000 329,000 324,000 318,000 311,000 -921,000 233,000 229,000 223,000 266,000 
      proceeds from issuance of common stock in private placement, net of issuance costs
    		                   0      
      right-of-use asset obtained in exchange for new operating lease liability
    		                         
      net incresae (decrease) in cash, cash equivalents and restricted cash
    		              -36,755,000           
      conversion of redeemable convertible preferred stock into common stock
    		                       0 0 
      issuance of series b redeemable convertible preferred stock pursuant to license agreement
    		                         
      change in fair value of redeemable convertible preferred stock liability
    		                         
      landlord contributions for leasehold improvements
    		                         
      gain on sale of property and equipment
    		                       0 11,000 
      gain on sale of marketable securities
    		                         
      deferred rent
    		                         
      proceeds from issuance of redeemable convertible preferred stock, net of issuance costs
    		                         
      payments of deferred offering costs
    		                         
      unpaid deferred offering costs
    		                         
      extinguishment of redeemable convertible preferred stock liability
    		                         
      net amortization of premiums and discounts on marketable securities
    		                    129,000 26,000 5,000  -61,000 
      gain on sales of marketable securities
    		                      -2,000  0 
      proceeds from issuance of common stock in initial public offering, net of issuance costs
    		                       0  
      leasehold improvements acquired through tenant improvement allowance
    		                         
      proceeds from issuance of initial public offering, net of issuance costs
    		                         
    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.