Intra-Cellular Therapies, Inc(NASDAQ:ITCI) 
Intra-Cellular Therapies, Inc., a biopharmaceutical company, develops novel drugs for the treatment of neuropsychiatric and neurologic diseases, and other disorders of the central nervous system (CNS) in the United States. The company offers CAPLYTA for the treatment of schizophrenia in adults. It i...
Founded: 2002
Full Time Employees: 330
Sector: Healthcare
Industry: Biotechnology
Share this website to your friends
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 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 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | 60,195.5 | 30,754 | 114,741 | 95,287 | 58,201.75 | 4,362 | 228,445 | 15,176.25 | 57,390 | 3,315 | 127,859.75 | 124,414 | 219,238 | 167,787 | 477,367.75 | 667,955 | ||||||||||||||||||||||||||||||
product sales | 199,223,000 | 175,159,000 | 161,276,000 | 144,843,000 | 131,506,000 | 125,810,000 | 110,128,000 | 94,731,000 | 87,433,000 | 71,870,000 | 55,074,000 | 34,755,000 | 25,516,026 | 21,606,163 | 19,006,780 | 15,578,905 | 12,403,754 | 7,368,594 | 1,875,889 | 882,516 | ||||||||||||||||||||||||||
grant revenue | 216,000 | 112,000 | 23,000 | 593,000 | 363,000 | 664,000 | 575,000 | 436,000 | 505,000 | 241,000 | 154,900 | 601,038 | 1,039,781 | 299,424 | 50,516 | 30,747 | 200,963 | |||||||||||||||||||||||||||||
total revenues | 199,223,000 | 175,375,000 | 161,388,000 | 144,866,000 | 132,099,000 | 126,173,000 | 110,792,000 | 95,306,000 | 87,869,000 | 71,870,000 | 55,579,000 | 34,996,000 | 25,670,926 | 22,207,201 | 20,046,561 | 15,878,329 | 12,454,270 | 7,368,594 | 1,906,636 | 1,083,479 | ||||||||||||||||||||||||||
yoy | 50.81% | 39.00% | 45.67% | 52.00% | 50.34% | 75.56% | 99.34% | 172.33% | 242.29% | 223.63% | 177.25% | 120.40% | 106.12% | 201.38% | 951.41% | 1365.49% | ||||||||||||||||||||||||||||||
qoq | 13.60% | 8.67% | 11.41% | 9.66% | 4.70% | 13.88% | 16.25% | 8.46% | 22.26% | 29.31% | 58.82% | 36.33% | 15.60% | 10.78% | 26.25% | 27.49% | 69.02% | 286.47% | 75.97% | |||||||||||||||||||||||||||
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||
cost of product sales | 20,405,000 | 15,304,000 | 11,354,000 | 9,900,000 | 10,702,000 | 9,129,000 | 7,163,000 | 6,751,000 | 6,788,000 | 5,850,000 | 4,650,000 | 3,155,000 | 2,538,028 | 2,001,315 | 2,040,031 | 1,455,215 | 1,141,072 | 556,107 | 128,539 | 69,311 | ||||||||||||||||||||||||||
selling, general and administrative | 137,729,000 | 132,101,000 | 121,574,000 | 113,085,000 | 104,720,000 | 105,207,000 | 101,014,000 | 98,923,000 | 94,631,000 | 88,375,000 | 100,316,000 | 75,460,000 | 79,678,352 | 70,497,885 | 69,851,164 | 52,583,639 | 58,347,948 | 52,473,573 | 41,445,557 | 34,096,366 | ||||||||||||||||||||||||||
research and development | 70,286,000 | 66,819,000 | 56,183,000 | 42,833,000 | 50,774,000 | 41,550,000 | 49,794,000 | 38,024,000 | 33,862,000 | 33,274,000 | 38,536,000 | 29,043,000 | 29,459,100 | 27,031,825 | 17,296,420 | 15,058,168 | 14,298,586 | 10,275,368 | 25,204,857 | 16,003,326 | 19,065,725 | 21,339,792 | 23,728,464 | 24,990,856 | 33,605,629 | 35,419,016 | 32,439,270 | 30,702,998 | 26,929,041 | 18,472,372 | 12,478,638 | 21,538,958 | 21,179,010 | 23,918,232 | 25,300,668 | 23,433,620 | 22,865,498 | 28,457,631 | 17,762,518 | 18,632,427 | 11,641,009 | 4,046,335 | 2,709,702 | 2,829,299 | 6,129,675 | 4,157,742 |
total operating expenses | 228,420,000 | 214,224,000 | 189,111,000 | 165,818,000 | 166,196,000 | 155,886,000 | 157,971,000 | 143,698,000 | 135,281,000 | 127,499,000 | 143,502,000 | 107,658,000 | 111,675,480 | 99,531,025 | 89,187,615 | 69,097,022 | 73,787,606 | 63,305,048 | 66,778,953 | 50,169,003 | ||||||||||||||||||||||||||
income from operations | -29,197,000 | -38,849,000 | -27,723,000 | -20,952,000 | -34,097,000 | -29,713,000 | -47,179,000 | -48,392,000 | -47,412,000 | -55,629,000 | -87,923,000 | -72,662,000 | -86,004,554 | -77,323,824 | -69,141,054 | -53,218,693 | -61,333,336 | -55,936,454 | -64,872,317 | -49,085,524 | -41,768,659 | -36,376,236 | -39,171,114 | -36,695,840 | -42,622,940 | -43,391,345 | -39,168,257 | -37,084,226 | -32,708,264 | -23,759,195 | -18,618,513 | -27,754,157 | -28,032,613 | -30,184,398 | -31,544,027 | -28,497,853 | -29,372,956 | -32,349,375 | -21,690,925 | -22,400,740 | -15,297,070 | -6,503,606 | -4,611,584 | -4,574,463 | -8,032,835 | -4,785,358 |
yoy | -14.37% | 30.75% | -41.24% | -56.70% | -28.08% | -46.59% | -46.34% | -33.40% | -44.87% | -28.06% | 27.16% | 36.53% | 40.22% | 38.24% | 6.58% | 8.42% | 46.84% | 53.77% | 65.61% | 33.76% | -2.00% | -16.17% | 0.01% | -1.05% | 30.31% | 82.63% | 110.37% | 33.62% | 16.68% | -21.29% | -40.98% | -2.61% | -4.56% | -6.69% | 45.42% | 27.22% | 92.02% | 397.41% | 370.36% | 389.69% | 90.43% | 35.91% | ||||
qoq | -24.84% | 40.13% | 32.32% | -38.55% | 14.75% | -37.02% | -2.51% | 2.07% | -14.77% | -36.73% | 21.00% | -15.51% | 11.23% | 11.83% | 29.92% | -13.23% | 9.65% | -13.77% | 32.16% | 17.52% | 14.82% | -7.14% | 6.75% | -13.91% | -1.77% | 10.78% | 5.62% | 13.38% | 37.67% | 27.61% | -32.92% | -0.99% | -7.13% | -4.31% | 10.69% | -2.98% | -9.20% | 49.14% | -3.17% | 46.44% | 135.21% | 41.03% | 0.81% | -43.05% | 67.86% | |
operating margin % | -14.66% | -22.15% | -17.18% | -14.46% | -25.81% | -23.55% | -42.58% | -50.78% | -53.96% | -77.40% | -158.19% | -207.63% | -335.03% | -348.19% | -344.90% | -335.17% | -492.47% | -759.12% | -3402.45% | -4530.36% | -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% |
interest income | 11,995,000 | 12,899,000 | 11,560,000 | 6,064,000 | 5,966,000 | 5,498,000 | 4,530,000 | 4,349,000 | 3,386,000 | 2,122,000 | 1,320,000 | 548,000 | 270,617 | 392,695 | 421,028 | 483,750 | -7,826,572 | 752,829 | 1,160,059 | 1,678,203 | -11,396,736 | 1,513,837 | 1,731,550 | 1,860,077 | -12,407,010 | 1,868,431 | 1,793,474 | 1,604,148 | -6,570,611 | 884,763 | 857,809 | 822,175 | -5,065,004 | 763,949 | 709,573 | 656,404 | 540,040 | 188,892 | 179,607 | 113,916 | 99,540 | 88,099 | 80,077 | 36,220 | 18,028 | 5,626 |
income before benefit from income taxes | -17,202,000 | -25,950,000 | -16,163,000 | -14,888,000 | -28,131,000 | -24,215,000 | -42,649,000 | -44,043,000 | -44,026,000 | -53,507,000 | -86,603,000 | -72,114,000 | -85,733,937 | -76,931,129 | -68,720,026 | -52,734,943 | -60,688,946 | -55,183,625 | -63,712,258 | -47,407,321 | -26,784,431.75 | -34,862,399 | -37,439,564 | -34,835,763 | -28,594,443.75 | -41,522,914 | -37,374,783 | -35,480,078 | -16,891,779.5 | -22,874,432 | -17,760,704 | -26,931,982 | ||||||||||||||
income tax expense | 317,000 | -374,000 | -57,000 | -359,000 | -448,000 | -43,000 | -135,000 | -10,000 | 5,000 | 23,756 | 5,000 | 10,232 | 3,281 | 400 | 1,600 | 1,600 | 1,600 | 1,898,291 | -832,618 | |||||||||||||||||||||||||||
net income | -16,885,000 | -26,324,000 | -16,220,000 | -15,247,000 | -28,579,000 | -24,258,000 | -42,784,000 | -44,053,000 | -44,026,000 | -53,508,000 | -86,603,000 | -72,119,000 | -85,733,937 | -76,908,004 | -68,743,782 | -52,739,943 | -60,699,178 | -55,183,625 | -63,712,258 | -47,410,602 | -40,582,851 | -34,862,399 | -37,441,164 | -34,835,763 | -40,748,036 | -41,522,914 | -37,376,383 | -35,480,078 | -30,208,712 | -22,870,416 | -17,760,704 | -26,933,582 | -27,485,039 | -30,265,327 | -30,834,454 | -27,841,449 | -28,834,516 | -32,160,483 | -21,511,318 | -22,286,824 | -15,199,130 | -6,415,507 | -4,533,539 | -4,543,284 | -8,040,810 | -4,911,620 |
yoy | -40.92% | 8.52% | -62.09% | -65.39% | -35.09% | -54.66% | -50.60% | -38.92% | -48.65% | -30.43% | 25.98% | 36.74% | 41.24% | 39.37% | 7.90% | 11.24% | 49.57% | 58.29% | 70.17% | 36.10% | -0.41% | -16.04% | 0.17% | -1.82% | 34.89% | 81.56% | 110.44% | 31.73% | 9.91% | -24.43% | -42.40% | -3.26% | -4.68% | -5.89% | 43.34% | 24.92% | 89.71% | 401.29% | 374.49% | 390.54% | 89.02% | 30.62% | ||||
qoq | -35.86% | 62.29% | 6.38% | -46.65% | 17.81% | -43.30% | -2.88% | 0.06% | -17.72% | -38.21% | 20.08% | -15.88% | 11.48% | 11.88% | 30.34% | -13.11% | 9.99% | -13.39% | 34.38% | 16.82% | 16.41% | -6.89% | 7.48% | -14.51% | -1.87% | 11.09% | 5.34% | 17.45% | 32.09% | 28.77% | -34.06% | -2.01% | -9.19% | -1.85% | 10.75% | -3.44% | -10.34% | 49.50% | -3.48% | 46.63% | 136.91% | 41.51% | -0.21% | -43.50% | 63.71% | |
net income margin % | -8.48% | -15.01% | -10.05% | -10.52% | -21.63% | -19.23% | -38.62% | -46.22% | -50.10% | -74.45% | -155.82% | -206.08% | -333.97% | -346.32% | -342.92% | -332.15% | -487.38% | -748.90% | -3341.61% | -4375.77% | -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% |
net income per common share: | ||||||||||||||||||||||||||||||||||||||||||||||
basic & diluted | -150 | -250 | -160 | -160 | -300 | -250 | -450 | -460 | -460 | -570 | -920 | -780 | -1.06 | -0.95 | -0.85 | -0.65 | -0.75 | -0.79 | -0.96 | -0.73 | -0.74 | -0.63 | -0.68 | -0.63 | -0.75 | -0.76 | -0.68 | -0.65 | -0.56 | -0.53 | -0.41 | -0.62 | -0.63 | -0.7 | -0.71 | -0.64 | -0.66 | -0.91 | -0.61 | -0.72 | -0.52 | -0.22 | -0.15 | -0.17 | ||
weighted-average number of common shares: | ||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -1,500 | -1,000 | -1,407.75 | 23,125 | 604 | 4,016 | ||||||||||||||||||||||||||||||||||||||||
costs and expenses: | ||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 22,763,547 | 15,036,444 | 15,442,650 | 11,704,984 | 9,017,311 | 7,972,329 | 6,728,987 | 6,381,228 | 5,784,278 | 5,317,577 | 6,254,616 | 6,310,486 | 6,951,498 | 6,270,528 | 6,471,804 | 5,064,233 | 6,538,117 | 3,891,744 | 3,985,797 | 3,771,628 | 3,721,923 | 2,581,685 | 2,121,120 | 1,912,951 | 2,730,691 | 1,295,571 | ||||||||||||||||||||
total costs and expenses | 41,829,272 | 36,376,236 | 39,171,114 | 36,695,840 | 42,622,940 | 43,391,345 | 39,168,257 | 37,084,226 | 32,713,319 | 23,789,949 | 18,733,254 | 27,849,444 | 28,130,508 | 30,188,760 | 31,772,472 | 28,497,853 | 29,403,615 | 32,349,375 | 21,748,315 | 22,404,055 | 15,362,932 | 6,628,020 | 4,830,822 | 4,742,250 | 8,860,366 | 5,453,313 | ||||||||||||||||||||
income tax (benefit) expense | 400 | |||||||||||||||||||||||||||||||||||||||||||||
interest expense | 49,041 | -12,260 | -2,032 | -5,041 | -8,003 | -131,888 | ||||||||||||||||||||||||||||||||||||||||
net income before income tax | -22,027,152.75 | -29,432,709 | ||||||||||||||||||||||||||||||||||||||||||||
income taxes | ||||||||||||||||||||||||||||||||||||||||||||||
net income per common share: | ||||||||||||||||||||||||||||||||||||||||||||||
basic | -0.608 | -0.42 | ||||||||||||||||||||||||||||||||||||||||||||
dilutive | -0.608 | -0.42 | ||||||||||||||||||||||||||||||||||||||||||||
basic & dilutive | 1,934,312.5 | 11,779,745 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 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 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 306,948,000 | 464,312,000 | 693,306,000 | 139,819,000 | 147,767,000 | 99,402,000 | 142,258,000 | 75,727,000 | 148,615,000 | 135,358,000 | 77,235,000 | 129,295,000 | 92,364,990 | 106,125,959 | 121,030,152 | 129,979,888 | 60,045,933 | 300,988,981 | 129,290,445 | 179,593,032 | 107,636,849 | 102,162,982 | 91,763,368 | 64,091,080 | 54,947,502 | 69,776,956 | 69,767,045 | 74,421,386 | 37,790,114 | 52,340,519 | 29,590,446 | 23,598,325 | 48,642,225 | 200,388,020 | 51,972,773 | 37,240,565 | 47,159,303 | 332,828,289 | 71,418,286 | 100,802,133 | 61,325,044 | 68,915,333 | 91,140,138 | 143,618,247 | 35,150,924 | 44,072,012 | |
investment securities, available-for-sale | 694,118,000 | 542,250,000 | 329,601,000 | 335,804,000 | 350,174,000 | 393,619,000 | 370,596,000 | 462,981,000 | 443,290,000 | 493,383,000 | 600,594,000 | 642,553,000 | 319,968,348 | 371,157,974 | 433,727,230 | 481,984,786 | 597,402,126 | 420,958,509 | 278,468,502 | 269,360,926 | 116,373,335 | 153,270,596 | 193,536,800 | 248,731,291 | 292,583,046 | 306,211,066 | 333,997,440 | 362,584,126 | 426,540,921 | 275,781,285 | 313,037,669 | 344,183,051 | 335,458,459 | 337,405,780 | 390,717,316 | 418,827,867 | 428,041,021 | 177,903,693 | 132,570,900 | 134,424,335 | 68,320,672 | 67,066,729 | 49,355,284 | ||||
restricted cash | 1,750,000 | 1,750,000 | 1,750,000 | 1,750,000 | 1,750,000 | 1,750,000 | 1,750,000 | 1,750,000 | 1,750,000 | 1,750,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | |||||||||||||||||||||||||||
accounts receivable | 166,500,000 | 145,608,000 | 145,714,000 | 131,157,000 | 114,018,000 | 102,670,000 | 95,964,000 | 81,545,000 | 75,189,000 | 61,538,000 | 46,976,000 | 32,832,000 | 20,155,994 | 16,934,352 | 7,480,604 | 2,353,255 | 1,351,013 | 6,309 | 61,935 | 68,200 | 94,339 | 1,309 | 98,240 | 30,660 | 9,118 | 3,315 | 51,603 | 124,414 | 219,238 | 167,787 | 336,318 | 251,291 | |||||||||||||||
inventory | 26,283,000 | 23,539,000 | 20,082,000 | 15,949,000 | 11,647,000 | 42,986,000 | 41,895,000 | 28,341,000 | 23,920,000 | 23,597,000 | 25,022,000 | 7,893,000 | 7,948,126 | 8,166,935 | 7,768,848 | 7,579,393 | 7,056,385 | 2,947,138 | 2,335,042 | 1,391,124 | |||||||||||||||||||||||||||
prepaid expenses and other current assets | 111,765,000 | 94,272,000 | 73,798,000 | 66,048,000 | 42,443,000 | 61,998,000 | 45,610,000 | 55,750,000 | 45,193,000 | 44,130,000 | 37,979,000 | 34,369,000 | 25,443,372 | 29,457,445 | 22,189,200 | 14,494,384 | 14,235,455 | 11,090,774 | 4,726,134 | 7,876,405 | 6,313,785 | 4,023,348 | 3,041,730 | 8,305,259 | 7,908,133 | 7,265,428 | 5,896,583 | 6,148,067 | 4,884,293 | 5,307,357 | 6,144,819 | 3,761,282 | 4,005,093 | 4,023,405 | 4,020,092 | 6,790,104 | 8,025,147 | 1,532,908 | 8,612,651 | 1,267,369 | 1,288,953 | 1,374,378 | 493,356 | 585,104 | 762,243 | 806,288 | |
total current assets | 1,307,364,000 | 1,271,731,000 | 1,264,251,000 | 690,527,000 | 667,799,000 | 702,425,000 | 698,073,000 | 706,094,000 | 737,957,000 | 759,756,000 | 789,206,000 | 848,342,000 | 467,280,830 | 533,242,665 | 601,303,244 | 649,100,443 | 690,904,482 | 744,866,006 | 418,573,378 | 460,972,500 | 230,323,969 | 259,456,926 | 288,341,898 | 321,127,630 | 355,438,681 | 383,253,450 | 409,661,068 | 443,153,579 | 469,215,328 | 333,435,470 | 348,834,869 | 371,610,858 | 388,200,116 | 541,818,514 | 446,808,421 | 462,858,536 | 483,256,131 | 512,264,890 | 212,610,955 | 236,497,152 | 130,986,272 | 137,480,854 | 141,208,016 | 146,371,138 | 38,249,485 | 47,129,591 | 49 |
property and equipment | 1,468,000 | 2,005,000 | 1,445,000 | 1,522,000 | 1,654,000 | 1,789,000 | 1,656,000 | 1,779,000 | 1,913,000 | 2,084,000 | 2,137,000 | 2,185,000 | 1,790,724 | 1,936,308 | 1,761,001 | 1,871,338 | 1,998,346 | 2,049,552 | 2,000,687 | 2,132,987 | 2,259,740 | 2,174,993 | 2,082,933 | 1,125,606 | 1,159,766 | 1,196,480 | 1,275,387 | 1,349,765 | 1,137,171 | 679,606 | 628,901 | 605,683 | 627,614 | 677,703 | 718,659 | 731,429 | 775,522 | 785,544 | 722,131 | 559,709 | 54,553 | 57,440 | 63,850 | 65,075 | 68,272 | 75,700 | |
right of use assets | 13,428,000 | 14,011,000 | 14,507,000 | 12,481,000 | 12,928,000 | 13,364,000 | 13,787,000 | 14,199,000 | 14,824,000 | 20,073,000 | 20,477,000 | 17,967,000 | 20,764,458 | 21,710,677 | 22,546,333 | 23,430,703 | 24,324,762 | 24,292,167 | 20,270,675 | 18,051,146 | 18,252,074 | 18,540,418 | 18,822,482 | 20,104,280 | |||||||||||||||||||||||
inventory, non-current | 38,890,000 | 30,479,000 | 32,562,000 | 34,818,000 | 38,621,000 | ||||||||||||||||||||||||||||||||||||||||||
other assets | 5,762,000 | 6,219,000 | 7,739,000 | 7,688,000 | 7,293,000 | 86,000 | 86,000 | 86,000 | 86,000 | 86,000 | 86,000 | 86,000 | 86,084 | 86,084 | 86,084 | 86,084 | 86,084 | 86,084 | 86,084 | 86,084 | 86,084 | 86,084 | 86,083 | 86,083 | 78,833 | 78,833 | 78,833 | 77,293 | 75,765 | 75,765 | 75,765 | 75,765 | 75,765 | 75,765 | 75,765 | 71,875 | 71,875 | 71,875 | 70,944 | 70,944 | 70,944 | 70,944 | 70,944 | 200,447 | 131,555 | 130,755 | |
total assets | 1,366,912,000 | 1,324,445,000 | 1,320,504,000 | 747,036,000 | 728,295,000 | 717,664,000 | 713,602,000 | 722,158,000 | 754,780,000 | 781,999,000 | 811,906,000 | 868,580,000 | 489,922,096 | 556,975,734 | 625,696,662 | 674,488,568 | 717,313,674 | 771,293,809 | 440,930,824 | 481,242,717 | 251,186,476 | 280,523,030 | 309,862,614 | 342,972,817 | 357,206,498 | 385,587,198 | 412,073,723 | 445,639,072 | 471,486,699 | 334,190,841 | 349,539,535 | 372,292,306 | 388,903,495 | 542,571,982 | 447,602,845 | 463,661,840 | 484,103,528 | 513,122,309 | 213,404,030 | 237,127,805 | 131,111,769 | 137,609,238 | 141,342,810 | 146,636,660 | 38,449,312 | 47,336,046 | 49 |
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 26,074,000 | 10,338,000 | 17,548,000 | 11,532,000 | 11,452,000 | 10,613,000 | 7,733,000 | 8,441,000 | 10,395,000 | 14,219,000 | 10,749,000 | 11,649,000 | 8,691,220 | 12,030,614 | 15,940,756 | 8,720,957 | 5,501,825 | 8,569,148 | 5,472,987 | 10,994,082 | 7,425,024 | 6,230,923 | 5,632,783 | 8,574,433 | 13,961,060 | 10,453,186 | 5,378,870 | 10,038,850 | 6,173,539 | 4,407,655 | 1,775,252 | 7,157,746 | 3,754,647 | 5,417,451 | 3,889,566 | 1,959,272 | 1,632,905 | 705,043 | 4,911,065 | 4,574,351 | 2,052,765 | 503,882 | 415,791 | 2,142,779 | 3.395 | 4,027,097 | |
accrued and other current liabilities | 65,215,000 | 51,540,000 | 39,713,000 | 33,249,000 | 27,944,000 | 27,829,000 | 27,456,000 | 21,067,000 | 19,657,000 | 14,850,000 | 17,274,000 | 12,258,000 | 11,072,996 | 16,928,669 | 14,054,009 | 13,491,620 | 10,902,117 | 12,186,380 | 19,383,111 | 10,667,765 | 16,138,909 | 17,323,632 | 18,801,485 | 18,700,638 | 20,044,866 | 14,168,130 | 10,462,217 | 7,355,955 | 6,424,221 | 4,151,120 | 2,781,198 | 7,039,115 | 5,329,293 | 7,520,073 | 12,981,891 | 5,241,839 | 3,423,464 | 8,575,333 | 3,340,399 | 9,029,493 | 7,529,241 | 2,143,756 | 1,434,875 | 940,594 | 2,611,091 | 2,571,126 | |
accrued customer programs | 75,408,000 | 70,536,000 | 77,971,000 | 69,972,000 | 53,173,000 | 35,618,000 | 31,710,000 | 29,892,000 | 25,621,000 | 19,946,000 | 16,483,000 | 10,888,000 | 5,963,610 | ||||||||||||||||||||||||||||||||||
accrued employee benefits | 34,774,000 | 29,496,000 | 22,372,000 | 16,409,000 | 27,364,000 | 25,448,000 | 21,623,000 | 16,656,000 | 22,996,000 | 21,150,000 | 18,385,000 | 16,643,000 | 20,896,860 | 14,854,226 | 14,832,115 | 11,915,893 | 14,907,479 | 12,005,931 | 11,412,697 | 6,203,283 | 9,472,651 | 7,531,659 | 5,829,242 | 3,351,208 | 2,293,259 | 4,507,580 | 3,094,280 | 2,257,963 | 1,611,846 | 3,316,378 | 2,406,269 | 2,121,795 | 1,448,394 | 2,752,381 | 2,509,611 | 1,745,561 | 1,207,143 | 1,106,620 | 1,066,629 | 988,897 | 975,058 | 929,963 | 888,588 | 828,262 | 827,879 | 759,757 | |
operating lease liabilities | 4,233,000 | 4,203,000 | 4,171,000 | 3,639,000 | 3,612,000 | 3,584,000 | 3,558,000 | 3,531,000 | 4,567,000 | ||||||||||||||||||||||||||||||||||||||
total current liabilities | 205,704,000 | 166,113,000 | 161,775,000 | 134,801,000 | 123,545,000 | 103,092,000 | 92,080,000 | 79,587,000 | 83,236,000 | 77,410,000 | 70,634,000 | 59,074,000 | 53,356,478 | 49,895,563 | 50,421,937 | 39,701,710 | 36,853,223 | 38,028,717 | 40,242,715 | 31,076,364 | 36,224,019 | 33,373,099 | 32,526,487 | 33,499,301 | 36,299,185 | 29,128,896 | 18,935,367 | 19,652,768 | 14,209,606 | 11,875,153 | 6,962,719 | 16,318,656 | 10,532,334 | 140,689,905 | 19,381,068 | 8,946,672 | 6,263,512 | 10,386,996 | 9,318,093 | 14,592,741 | 10,557,064 | 3,577,601 | 2,739,254 | 3,911,635 | 6,834,037 | 7,774,662 | 33,032 |
operating lease liabilities, non-current | 12,748,000 | 13,506,000 | 14,117,000 | 12,737,000 | 13,326,000 | 13,891,000 | 14,432,000 | 14,961,000 | |||||||||||||||||||||||||||||||||||||||
total liabilities | 218,452,000 | 179,619,000 | 175,892,000 | 147,538,000 | 136,871,000 | 116,983,000 | 106,512,000 | 94,548,000 | 98,710,000 | 96,577,000 | 89,709,000 | 75,830,000 | 72,031,421 | 70,219,481 | 72,110,788 | 62,338,810 | 60,453,570 | 61,898,274 | 61,400,956 | 50,794,387 | 56,179,205 | 53,642,745 | 53,094,252 | 54,358,390 | 39,491,617 | 31,961,802 | 21,686,281 | 22,450,117 | 17,049,738 | 14,750,765 | 9,873,811 | 19,265,229 | 13,400,956 | 143,253,714 | 21,640,064 | 10,917,419 | 7,860,617 | 11,268,139 | 9,838,721 | 14,752,853 | |||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||
common stock | 11,000 | 11,000 | 11,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 9,000 | 9,000 | 9,000 | 9,000 | 8,189 | 8,138 | 8,132 | 8,113 | 8,046 | 8,014 | 6,678 | 6,620 | 5,551 | 5,525 | 5,519 | 5,513 | 5,490 | 5,471 | 5,470 | 5,469 | 5,460 | 4,342 | 4,342 | 4,342 | 4,329 | 4,327 | 4,325 | 4,323 | 4,316 | 4,301 | 3,504 | 3,497 | 2,950 | 2,940 | 2,934 | 2,922 | 2,216 | 2,213 | |
additional paid-in capital | 2,840,094,000 | 2,818,137,000 | 2,793,896,000 | 2,232,325,000 | 2,208,470,000 | 2,190,587,000 | 2,173,671,000 | 2,151,837,000 | 2,137,737,000 | 2,124,369,000 | 2,106,942,000 | 2,089,418,000 | 1,639,475,837 | 1,622,149,674 | 1,611,989,381 | 1,601,739,075 | 1,593,475,506 | 1,585,023,637 | 1,199,576,320 | 1,188,095,880 | 904,971,772 | 896,191,230 | 891,183,518 | 885,888,318 | 880,753,339 | 876,094,265 | 871,516,637 | 867,152,094 | 862,479,505 | 696,695,317 | 694,146,861 | 689,723,391 | 685,290,815 | 681,475,390 | 677,623,643 | 673,679,915 | 669,878,103 | 666,083,825 | 335,668,581 | 332,948,140 | 208,912,345 | 207,152,913 | 205,289,691 | 204,829,884 | 89,177,556 | 89,082,858 | 9,500 |
accumulated deficit | -1,691,836,000 | -1,674,951,000 | -1,648,627,000 | -1,632,407,000 | -1,617,160,000 | -1,588,581,000 | -1,564,323,000 | -1,521,539,000 | -1,477,486,000 | -1,433,460,000 | -1,379,952,000 | -1,293,349,000 | -1,221,229,698 | -1,135,495,761 | -1,058,587,757 | -989,843,975 | -937,104,032 | -876,404,854 | -821,221,229 | -757,508,971 | -710,098,369 | -669,515,518 | -634,653,119 | -597,211,954 | -562,376,191 | -521,628,155 | -480,105,241 | -442,728,858 | -407,248,780 | -377,040,068 | -354,169,652 | -336,408,948 | -309,475,366 | -281,990,327 | -251,725,000 | -220,890,547 | -193,049,098 | -164,214,582 | -132,054,099 | -110,542,781 | -88,255,957 | -73,056,827 | -66,641,320 | -62,107,781 | -57,564,497 | -49,523,687 | |
accumulated comprehensive income | 191,000 | 1,629,000 | -668,000 | -430,000 | 104,000 | -363,653 | 94,202 | 176,118 | 246,545 | 480,584 | 768,738 | 1,168,099 | |||||||||||||||||||||||||||||||||||
total stockholders’ equity | 1,148,460,000 | 1,144,826,000 | 1,144,612,000 | 599,498,000 | 591,424,000 | 600,681,000 | 607,090,000 | 627,610,000 | 656,070,000 | 685,422,000 | 722,197,000 | 792,750,000 | 417,890,675 | 486,756,253 | 553,585,874 | 612,149,758 | 656,860,104 | 709,395,535 | 379,529,868 | 430,448,330 | 195,007,271 | 226,880,285 | 256,768,362 | 288,614,427 | 317,714,881 | 353,625,396 | 390,387,442 | 423,188,955 | 454,436,961 | 319,440,076 | 339,665,724 | 353,027,077 | 375,502,539 | 399,318,268 | 425,962,781 | 452,744,421 | 476,242,911 | 501,854,170 | 203,565,309 | 222,374,952 | 120,554,705 | 134,031,637 | 138,603,556 | 142,725,025 | 31,615,275 | 39,561,384 | |
total liabilities and stockholders’ equity | 1,366,912,000 | 1,324,445,000 | 1,320,504,000 | 747,036,000 | 728,295,000 | 717,664,000 | 713,602,000 | 722,158,000 | 754,780,000 | 781,999,000 | 811,906,000 | 868,580,000 | 489,922,096 | 556,975,734 | 625,696,662 | 674,488,568 | 717,313,674 | 771,293,809 | 440,930,824 | 481,242,717 | 251,186,476 | 280,523,030 | 309,862,614 | 342,972,817 | 357,206,498 | 385,587,198 | 412,073,723 | 445,639,072 | 471,486,699 | 334,190,841 | 349,539,535 | 372,292,306 | 388,903,495 | 542,571,982 | 447,602,845 | 463,661,840 | 484,103,528 | 513,122,309 | 213,404,030 | 237,127,805 | 131,111,769 | 137,609,238 | 141,342,810 | 146,636,660 | 38,449,312 | 47,336,046 | |
accumulated comprehensive loss | -1,335,000 | -2,268,000 | -2,698,000 | -4,190,000 | -5,496,000 | -4,802,000 | -3,328,000 | -67,450 | -667,757 | -846,185 | -1,029,424 | -1,239,750 | -799,224 | -219,515 | -315,827 | -291,708 | -317,239 | -171,122 | -49,270 | -590,410 | -19,374 | -52,677 | -33,904 | -104,633 | |||||||||||||||||||||||
operating lease liabilities, non-current, | 15,474,000 | ||||||||||||||||||||||||||||||||||||||||||||||
lease liabilities, short-term | 7,245,000 | 7,743,000 | 7,636,000 | 6,731,792 | 6,082,054 | 5,595,057 | 5,573,240 | 5,541,802 | 5,267,258 | 3,973,920 | 3,211,234 | 3,187,435 | 2,286,885 | 2,262,977 | 2,873,022 | ||||||||||||||||||||||||||||||||
lease liabilities | 19,167,000 | 19,075,000 | 16,756,000 | 18,674,943 | 20,323,918 | 21,688,851 | 22,637,100 | 23,600,347 | 23,869,557 | 21,158,241 | 19,718,023 | 19,955,186 | 20,269,646 | 20,567,765 | |||||||||||||||||||||||||||||||||
accounts receivable, net of 120,000 allowance at june 30, 2021 and december 31, 2020 | 15,187,814 | ||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, net of 120,000 allowance at march 31, 2021 and december 31, 2020 | 13,661,992 | ||||||||||||||||||||||||||||||||||||||||||||||
accounts receivables | 10,764,583 | ||||||||||||||||||||||||||||||||||||||||||||||
deferred tax asset | 264,609 | 264,609 | 529,218 | ||||||||||||||||||||||||||||||||||||||||||||
accumulated comprehensive gain | -145,199 | 59,813 | |||||||||||||||||||||||||||||||||||||||||||||
deferred rent | |||||||||||||||||||||||||||||||||||||||||||||||
accumulated comprehensive gain/ | 128,317 | 199,048 | 232,444 | ||||||||||||||||||||||||||||||||||||||||||||
long term deferred tax asset | 529,218 | 529,218 | 1,058,435 | 1,058,435 | 1,058,435 | 1,058,435 | |||||||||||||||||||||||||||||||||||||||||
long-term deferred rent | 3,192,432 | 2,832,906 | 2,750,914 | 2,797,349 | 2,840,132 | 2,868,622 | 1,597,105 | 881,143 | 520,628 | ||||||||||||||||||||||||||||||||||||||
long-term lease liabilities | 20,859,089 | ||||||||||||||||||||||||||||||||||||||||||||||
long-term liabilities | 2,875,612 | 2,911,092 | 2,946,573 | 2,563,809 | 2,258,996 | 1,970,747 | 160,112 | ||||||||||||||||||||||||||||||||||||||||
borrowing under secured line of credit | 125,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -67,389 | -47,749 | |||||||||||||||||||||||||||||||||||||||||||||
certificates of deposit | 2,000,000 | 2,000,000 | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
deferred revenue—short-term | |||||||||||||||||||||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred stock, and stockholders’ deficit | |||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue | 416,682 | ||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||
cash | 49 | ||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholder's deficiency | |||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses | 23,732 | ||||||||||||||||||||||||||||||||||||||||||||||
loan payable - related party | 3,400 | ||||||||||||||||||||||||||||||||||||||||||||||
note payable - related party | 5,900 | ||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||
stockholder's deficiency: | |||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, .0001 par value... | |||||||||||||||||||||||||||||||||||||||||||||||
common stock, .0001 par value... | 500 | ||||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit during the development stage | -42,983 | ||||||||||||||||||||||||||||||||||||||||||||||
total stockholder's deficiency | -32,983 | ||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholder's equity | 49 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 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 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows used in operating activities | ||||||||||||||||||||||||||||||||||||||||||||||
net income | -16,885,000 | -26,324,000 | -16,220,000 | -15,247,000 | -28,579,000 | -24,258,000 | -42,784,000 | -44,053,000 | -44,026,000 | -53,508,000 | -86,603,000 | -72,119,000 | -85,733,937 | -76,908,004 | -68,743,782 | -52,739,943 | -60,699,178 | -55,183,625 | -63,712,258 | -47,410,602 | -40,582,851 | -34,862,399 | -37,441,165 | -34,835,763 | -40,748,036 | -41,522,914 | -37,376,383 | -35,480,078 | -30,208,712 | -22,870,416 | -17,760,704 | -26,933,582 | -27,485,039 | -30,265,327 | -30,834,453 | -27,841,449 | -28,834,516 | -32,160,483 | -21,511,318 | -22,286,824 | -15,199,130 | -6,415,507 | -4,533,539 | -4,543,284 | -8,040,810 | |
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||
depreciation | 109,000 | 138,000 | 129,000 | 132,000 | 136,000 | 135,000 | 123,000 | 134,000 | 143,000 | 170,000 | 172,000 | 171,000 | 146,826 | 133,945 | 125,581 | 127,008 | 125,972 | 121,044 | 132,300 | 148,802 | 129,052 | 105,056 | 101,353 | 94,930 | 95,778 | 82,498 | 53,461 | 51,372 | 50,429 | 50,070 | 48,747 | 47,967 | 45,474 | 31,880 | 15,240 | 6,409 | 6,430 | 6,317 | 7,428 | |||||||
share-based compensation | 16,333,000 | 17,489,000 | 16,370,000 | 13,843,000 | 14,856,000 | 14,311,000 | 13,226,000 | 10,439,000 | 11,159,000 | 11,751,000 | 11,998,000 | 8,105,000 | 9,377,619 | 9,530,269 | 8,616,705 | 6,778,436 | 4,763,047 | 6,900,719 | 6,947,134 | 5,504,297 | 5,939,279 | 4,806,768 | 4,987,424 | 5,055,217 | ||||||||||||||||||||||
stock issued for services | 18,000 | 18,000 | 23,000 | 23,000 | 23,000 | 24,000 | 23,000 | 22,000 | 22,000 | 22,000 | 22,000 | 24,000 | 34,335 | 38,734 | 51,923 | 53,542 | 53,520 | 53,528 | 53,522 | 53,533 | 48,514 | 48,571 | 48,571 | 48,549 | ||||||||||||||||||||||
amortization of premiums and accretion of discounts on investment securities | -2,986,000 | -1,847,000 | -1,853,000 | -2,343,000 | -2,539,000 | -2,191,000 | -1,933,000 | -1,737,000 | ||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | -20,892,000 | 106,000 | -14,557,000 | -17,139,000 | -11,348,000 | -6,706,000 | -14,419,000 | -6,356,000 | -13,651,000 | -14,562,000 | -14,144,000 | -12,676,000 | -3,221,642 | -1,746,538 | -1,525,822 | -2,897,409 | -3,283,979 | -5,127,349 | -1,002,242 | -1,351,013 | 6,309 | 55,626 | 6,265 | 26,139 | -93,030 | 96,931 | -98,240 | 30,660 | -30,660 | 9,118 | -5,803 | 48,288 | 72,811 | 94,824 | -51,451 | 168,531 | -85,027 | |||||||||
inventory | -11,155,000 | -1,374,000 | -1,877,000 | -499,000 | -7,282,000 | -1,091,000 | -13,554,000 | -4,421,000 | -323,000 | 1,425,000 | -17,129,000 | 55,000 | 218,809 | -398,087 | -189,455 | -523,008 | -4,109,247 | -612,096 | -943,918 | -1,391,124 | ||||||||||||||||||||||||||
prepaid expenses and other assets | -17,036,000 | -18,954,000 | -7,801,000 | -24,000,000 | 12,348,000 | -16,388,000 | 10,140,000 | -10,557,000 | -1,063,000 | -6,151,000 | -3,608,000 | -8,927,000 | 4,014,073 | -7,268,245 | -7,694,816 | -258,929 | -3,144,681 | -6,364,640 | 3,150,271 | -1,562,620 | -2,555,046 | -717,010 | 5,263,529 | -526,089 | -642,705 | -1,368,845 | 249,944 | -1,265,302 | 423,064 | 837,462 | -2,383,537 | 243,811 | 18,312 | -3,313 | 2,766,122 | 1,235,043 | -6,492,239 | 7,078,812 | -7,345,282 | 21,584 | 85,425 | -881,022 | 221,251 | 108,247 | 43,245 | |
accounts payable | 15,736,000 | -7,210,000 | 6,016,000 | 80,000 | 839,000 | 2,880,000 | -708,000 | -1,954,000 | -3,824,000 | 3,470,000 | -900,000 | 2,958,000 | -3,339,394 | -3,910,142 | 7,219,799 | 3,219,132 | -3,067,323 | 3,096,161 | -5,521,095 | 3,569,058 | 1,194,101 | 598,140 | -2,941,650 | -5,386,627 | 3,507,874 | 5,074,316 | -4,659,980 | 3,865,311 | 1,765,884 | 2,632,403 | -5,382,494 | 3,403,099 | -1,662,804 | 1,527,885 | 1,930,294 | 326,367 | 927,862 | -4,206,022 | 336,714 | 2,521,586 | 1,548,883 | 88,091 | -1,726,988 | -1,252,288 | -632,030 | |
accrued and other current liabilities | 13,675,000 | 11,827,000 | 6,464,000 | 5,305,000 | 115,000 | 373,000 | 6,389,000 | 1,410,000 | 4,807,000 | |||||||||||||||||||||||||||||||||||||
accrued customer programs | 4,872,000 | -7,435,000 | 7,999,000 | 16,799,000 | 17,555,000 | 3,908,000 | 1,818,000 | 4,271,000 | 5,675,000 | 3,463,000 | 10,514,076 | 4,924 | ||||||||||||||||||||||||||||||||||
accrued employee benefits | 5,278,000 | 7,124,000 | 5,963,000 | -10,955,000 | 1,916,000 | 3,825,000 | 4,967,000 | -6,340,000 | 1,846,000 | |||||||||||||||||||||||||||||||||||||
lease liabilities | -1,122,000 | -2,000 | -86,000 | 1,784,000 | -53,018 | -42,280 | -42,062 | -37,750 | -27,261 | -16,838 | -16,625 | -12,436 | ||||||||||||||||||||||||||||||||||
net cash from operating activities | -13,078,000 | -26,525,000 | 542,000 | -34,116,000 | -2,061,000 | -25,270,000 | -36,802,000 | -60,066,000 | -39,193,000 | -53,351,000 | -94,793,000 | -82,849,000 | -73,184,535 | -79,266,764 | -59,325,234 | -47,766,952 | -68,242,719 | -63,579,111 | -47,024,797 | -51,226,218 | -35,055,916 | -29,989,290 | -27,308,710 | -35,629,325 | -29,161,536 | -28,409,537 | -33,614,041 | -26,983,999 | -24,792,734 | -14,412,227 | -24,888,290 | -16,398,561 | -28,450,347 | -29,657,041 | -13,499,416 | -19,650,423 | -35,055,633 | -20,510,560 | -31,004,682 | -15,709,090 | -6,206,335 | -4,420,502 | -5,197,476 | -6,982,837 | -8,627,808 | -9,921 |
capital expenditures | 427,000 | -696,000 | 0 | 0 | -1,000 | 0 | 0 | 28,000 | -117,000 | -123,000 | -566,000 | -1,242 | -309,252 | 0 | 0 | -74,766 | -169,909 | 0 | -22,049 | 650,293 | -221,112 | -1,062,383 | -67,193 | -58,753 | -16,023 | -21,400 | -295,092 | -516,175 | -104,166 | -74,590 | -28,498 | 0 | -9,114 | -35,977 | -3,874 | 0 | -108,887 | -194,302 | -520,396 | -3,438 | 1 | -5,205 | -3,120 | 0 | 0 | |
free cash flows | -12,651,000 | -27,221,000 | 542,000 | -34,116,000 | -2,062,000 | -25,270,000 | -36,802,000 | -39,165,000 | -53,468,000 | -94,916,000 | -83,415,000 | -73,185,777 | -79,576,016 | -59,325,234 | -47,766,952 | -68,317,485 | -63,749,020 | -47,024,797 | -51,248,267 | -34,405,623 | -30,210,402 | -28,371,093 | -35,696,518 | -29,220,289 | -28,425,560 | -33,635,441 | -27,279,091 | -25,308,909 | -14,516,393 | -24,962,880 | -16,427,059 | -28,450,347 | -29,666,155 | -13,535,393 | -19,654,297 | -35,055,633 | -20,619,447 | -31,198,984 | -16,229,486 | -6,209,773 | -4,420,501 | -5,202,681 | -6,985,957 | -8,627,808 | -9,921 | |
cash flows from investing activities | ||||||||||||||||||||||||||||||||||||||||||||||
purchases of investments | -257,602,000 | -312,507,000 | -88,524,000 | -81,046,000 | -104,464,000 | -136,394,000 | -65,954,000 | -108,457,000 | -115,502,000 | -90,925,000 | 273,931,000 | -826,713,000 | -69,380,879 | -35,295,188 | -85,750,937 | -34,147,683 | -267,105,008 | -203,924,385 | -74,133,521 | -210,466,633 | -22,387,415 | -32,555,011 | -11,450,191 | -14,327,684 | -30,042,076 | -57,457,564 | -91,786,767 | -91,870,300 | -246,252,094 | -68,640,217 | -104,089,622 | -101,944,891 | -75,658,859 | -137,869,225 | -149,584,769 | -32,644,315 | -283,161,975 | -137,475,341 | -22,528,030 | -71,142,903 | -11,328,911 | -19,828,139 | ||||
maturities of investments | 107,283,000 | 104,000,000 | 96,343,000 | 97,225,000 | 151,887,000 | 116,495,000 | 160,702,000 | 91,995,000 | 165,737,000 | 197,212,000 | -236,579,000 | 505,244,000 | 120,891,427 | 99,375,715 | 134,559,982 | 150,416,932 | 90,844,111 | 60,877,534 | 66,375,890 | 57,503,736 | 59,474,130 | 73,012,648 | 67,234,361 | 59,136,544 | 44,247,047 | 85,737,637 | 120,761,737 | 155,442,867 | 94,883,966 | 105,906,683 | 135,038,024 | 93,103,865 | 77,335,984 | 190,848,353 | 177,668,019 | 42,216,191 | 32,261,264 | 92,000,386 | 24,169,154 | 4,958,644 | 9,884,518 | 1,994,790 | 0 | |||
purchases of property and equipment | 427,000 | -696,000 | -1,000 | 28,000 | -117,000 | -123,000 | -566,000 | -1,242 | -309,252 | -74,766 | -169,909 | 0 | -22,049 | 650,293 | -221,112 | -1,062,383 | -67,193 | -58,753 | -16,023 | -21,400 | -295,092 | -516,175 | -104,166 | -74,590 | -28,498 | -9,114 | -35,977 | -3,874 | -108,887 | -194,302 | -520,396 | |||||||||||||||
net cash from investing activities | -149,892,000 | -209,203,000 | 7,766,000 | 16,179,000 | 47,422,000 | -20,167,000 | 94,748,000 | -16,462,000 | 50,263,000 | 106,170,000 | 37,229,000 | -322,035,000 | 51,509,306 | 63,771,275 | -176,335,663 | -143,216,760 | -7,757,631 | -152,984,946 | 37,737,008 | 40,236,525 | 54,721,787 | 44,741,667 | 14,146,218 | 28,264,050 | 28,953,570 | 63,277,475 | -151,884,303 | 37,162,300 | 30,873,812 | -8,869,524 | 1,677,126 | 52,970,014 | 28,047,273 | 9,568,002 | -250,937,721 | -45,583,842 | 1,446,822 | -66,704,655 | -1,447,831 | -17,833,348 | -47,449,991 | -3,120 | 0 | |||
cash flows from financing activities | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds of public offerings | 0 | 375,843,802 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 5,606,000 | 6,734,000 | 2,093,000 | 9,989,000 | 3,004,000 | 2,581,000 | 8,585,000 | 3,640,000 | 2,194,000 | 5,654,000 | 5,504,000 | 8,089,000 | 7,914,260 | 591,296 | 1,581,697 | 1,431,658 | 3,635,334 | 589,161 | 152,379 | 259,211 | 31,236 | |||||||||||||||||||||||||
net cash from financing activities | 5,606,000 | 6,734,000 | 545,179,000 | 9,989,000 | 3,004,000 | 2,581,000 | 8,585,000 | 3,640,000 | 2,187,000 | 5,654,000 | 5,504,000 | 441,814,000 | 7,914,260 | 591,296 | 1,581,697 | 1,431,658 | 3,635,334 | 378,494,407 | 4,479,841 | 277,567,347 | 2,792,775 | 152,379 | 259,211 | 31,236 | 185,864 | 155,398 | 6,130 | 337,796 | 162,126,632 | 0 | 6,599 | 224,185 | -124,972,574 | 125,102,274 | 184,351 | 163,683 | 324,368 | 327,504,405 | 174,013 | 121,890,834 | 63,877 | 29,045 | 169,358 | 115,453,280 | -293,280 | 5,900 |
net increase in cash, cash equivalents, and restricted cash | -157,364,000 | -228,994,000 | 553,487,000 | -7,948,000 | 48,365,000 | -72,888,000 | 13,257,000 | 58,473,000 | -52,060,000 | 36,930,000 | -13,760,969 | -14,904,193 | -8,949,736 | 69,933,955 | -240,943,048 | 171,698,536 | -50,302,587 | 73,356,183 | ||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at beginning of period | 0 | 0 | 0 | 149,517,000 | 0 | 0 | 0 | 150,365,000 | 0 | 0 | 0 | 93,765,000 | 0 | 0 | 0 | 61,445,933 | 0 | 0 | 0 | 107,636,849 | ||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at end of period | -157,364,000 | -228,994,000 | 553,487,000 | 141,569,000 | 48,365,000 | -42,856,000 | 66,531,000 | 77,477,000 | 13,257,000 | 58,473,000 | -52,060,000 | 130,695,000 | -13,760,969 | -14,904,193 | -8,949,736 | 131,379,888 | -240,943,048 | 171,698,536 | -50,302,587 | 180,993,032 | ||||||||||||||||||||||||||
cash paid for taxes | 460,000 | 0 | 205,000 | 1,600 | 4,441 | 12,691 | 23,966 | 3,900 | 18,000 | |||||||||||||||||||||||||||||||||||||
non-cash investing and financing activities | ||||||||||||||||||||||||||||||||||||||||||||||
right of use assets under operating leases | 0 | 0 | 8,647,089 | 97,234 | 0 | |||||||||||||||||||||||||||||||||||||||||
the following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows: | ||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 129,979,888 | |||||||||||||||||||||||||||||||||||||||||||||
restricted cash | 1,400,000 | |||||||||||||||||||||||||||||||||||||||||||||
total cash, cash equivalents and restricted cash | 131,379,888 | |||||||||||||||||||||||||||||||||||||||||||||
operating lease liabilities | -83,000 | -114,000 | -115,000 | -92,000 | -90,000 | -924,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from sale of common stock | 0 | |||||||||||||||||||||||||||||||||||||||||||||
supplemental cash flow information | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds of public offering | 0 | 0 | 433,725,000 | 276,978,186 | ||||||||||||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents, and restricted cash | ||||||||||||||||||||||||||||||||||||||||||||||
long term deferred tax asset | 0 | 0 | 0 | 264,609 | ||||||||||||||||||||||||||||||||||||||||||
amortization of premiums and discounts on investment securities | 230,000 | 3,132,000 | -4,079,000 | -778,777 | -1,593,187 | -621,916 | -1,085,948 | -470,874 | 157,483 | -36,647 | -298,210 | -224,829 | -289,785 | -356,798 | -56,298 | |||||||||||||||||||||||||||||||
non-cash investing and financing activities right of use assets under operating leases | 219,703 | |||||||||||||||||||||||||||||||||||||||||||||
accrued liabilities and other | 6,758,000 | -3,069,000 | 6,150,571 | 2,896,771 | 3,478,611 | -402,083 | 1,617,285 | -6,603,498 | 13,924,761 | -8,740,512 | 232,417 | 2,959,310 | 270,833 | |||||||||||||||||||||||||||||||||
right of use assets under operating vehicle fleet leases | 1,166,976 | 4,929,098 | ||||||||||||||||||||||||||||||||||||||||||||
right of use assets under operating real estate leases | ||||||||||||||||||||||||||||||||||||||||||||||
net cash from (used) in investing activities | 116,269,249 | |||||||||||||||||||||||||||||||||||||||||||||
non-cash investing and financing activitiesright of use assets under operating leases | 9,179,216 | |||||||||||||||||||||||||||||||||||||||||||||
deferred rent | 323,203 | -35,480 | -35,481 | 15,342 | -24,845 | -24,845 | -24,846 | 93,323 | 304,813 | 304,813 | 288,249 | 373,642 | 715,962 | 360,515 | 360,516 | 160,112 | ||||||||||||||||||||||||||||||
proceeds from stock warrant | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options and issuances of restricted stock | ||||||||||||||||||||||||||||||||||||||||||||||
operating activities | ||||||||||||||||||||||||||||||||||||||||||||||
depreciation expense | ||||||||||||||||||||||||||||||||||||||||||||||
amortization of premiums and discounts on investment activities | ||||||||||||||||||||||||||||||||||||||||||||||
accrued liabilities and employee benefits | ||||||||||||||||||||||||||||||||||||||||||||||
investing activities | ||||||||||||||||||||||||||||||||||||||||||||||
financing activities | ||||||||||||||||||||||||||||||||||||||||||||||
exercise of stock options | ||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 5,473,867 | 10,399,614 | 27,672,288 | 9,143,578 | -14,829,454 | 9,911 | -4,654,341 | 36,631,272 | -14,550,405 | 22,750,073 | -151,745,795 | 148,415,247 | 14,732,208 | -9,918,738 | -285,668,986 | 261,410,003 | -29,383,847 | 39,477,089 | -7,590,289 | -22,224,805 | -52,478,109 | 108,467,323 | -8,921,088 | |||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 0 | 54,947,502 | 0 | 0 | 0 | 37,790,114 | 0 | 0 | 0 | 48,642,225 | 0 | 0 | 0 | 47,159,303 | 0 | 0 | 0 | 61,325,044 | 0 | 0 | 0 | 35,150,924 | ||||||||||||||||||||||
cash and cash equivalents at end of period | 5,473,867 | 10,399,614 | 27,672,288 | 64,091,080 | -14,829,454 | 9,911 | -4,654,341 | 74,421,386 | -14,550,405 | 22,750,073 | 5,992,121 | 23,598,325 | -151,745,795 | 148,415,247 | 14,732,208 | 37,240,565 | -285,668,986 | 261,410,003 | -29,383,847 | 100,802,133 | -7,590,289 | -22,224,805 | -52,478,109 | 143,618,247 | ||||||||||||||||||||||
proceeds from exercise of warrants | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from line of credit | ||||||||||||||||||||||||||||||||||||||||||||||
repayment of line of credit | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from stock option exercises | 6,130 | 337,796 | 54,376 | 0 | 6,599 | 224,185 | 27,426 | 102,274 | 184,351 | 163,683 | 335,538 | 57,030 | 159,442 | 101,036 | 63,877 | 29,045 | 16,111 | |||||||||||||||||||||||||||||
cash paid for interest | 0 | 0 | 2,032 | 5,041 | 8,003 | |||||||||||||||||||||||||||||||||||||||||
share-based compensation expense | 4,373,688 | 4,310,705 | 4,287,103 | 3,610,948 | 2,500,753 | 4,369,141 | 4,160,678 | 3,725,288 | 3,686,746 | 3,696,724 | 3,592,461 | 3,424,310 | 2,865,990 | 2,500,779 | 2,099,826 | 1,651,018 | 1,702,645 | 290,461 | 199,754 | 108,943 | ||||||||||||||||||||||||||
issuance of common stock for services | 48,543 | 47,709 | 47,699 | 47,703 | 47,730 | 47,726 | 62,729 | 62,655 | 45,675 | 45,646 | 45,656 | 45,682 | ||||||||||||||||||||||||||||||||||
net accretion of discounts and amortization of premiums of available-for-sale securities | -310,460 | |||||||||||||||||||||||||||||||||||||||||||||
accrued liabilities | 5,236,685 | 3,931,625 | 1,519,726 | 2,269,396 | -3,984,078 | 2,367,851 | -5,219,048 | 8,504,102 | 2,356,793 | 5,274,925 | -5,611,362 | 1,514,091 | 750,256 | 554,607 | -1,670,114 | |||||||||||||||||||||||||||||||
proceeds from warrants | ||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||
issuance of stock for services | ||||||||||||||||||||||||||||||||||||||||||||||
amortization of premiums on investment activities | ||||||||||||||||||||||||||||||||||||||||||||||
payment of costs of public offerings | -11,170 | |||||||||||||||||||||||||||||||||||||||||||||
amortization of premiums on investment securities | 86,230 | 172,861 | 141,965 | 101,473 | 136,384 | 182,418 | 175,465 | 193,538 | 151,325 | |||||||||||||||||||||||||||||||||||||
proceeds from secured line of credit | ||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -25,043,900 | |||||||||||||||||||||||||||||||||||||||||||||
purchase of property and equipment | -3,438 | 1 | -5,205 | -3,120 | 0 | |||||||||||||||||||||||||||||||||||||||||
proceeds from stock subscription | 0 | |||||||||||||||||||||||||||||||||||||||||||||
gross proceeds of public offering | 0 | 122,083,012 | 0 | 0 | 116,191,285 | |||||||||||||||||||||||||||||||||||||||||
payment of costs of public offering | 14,571 | -293,214 | 0 | -10,533 | -738,005 | |||||||||||||||||||||||||||||||||||||||||
proceeds from stock subscriptions | 0 | |||||||||||||||||||||||||||||||||||||||||||||
deferred revenue | -416,682 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible promissory notes | ||||||||||||||||||||||||||||||||||||||||||||||
gross proceeds of public offerings | ||||||||||||||||||||||||||||||||||||||||||||||
gross proceeds of public and private offerings | ||||||||||||||||||||||||||||||||||||||||||||||
payment of costs of public and private offerings | ||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on investment securities | ||||||||||||||||||||||||||||||||||||||||||||||
gross proceeds of private placement | ||||||||||||||||||||||||||||||||||||||||||||||
payment of costs of private placement | ||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | ||||||||||||||||||||||||||||||||||||||||||||||
accrued and other current liabilities and employee benefits | ||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||
net | -10,883 | |||||||||||||||||||||||||||||||||||||||||||||
adjustment to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||
professional fees paid by related party on behalf of the company | 3,400 | |||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable and accrued expenses | -2,438 | |||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||
increase in note payable - related party | 5,900 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock | ||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash | -4,021 | |||||||||||||||||||||||||||||||||||||||||||||
cash, beginning of period | 4,070 | |||||||||||||||||||||||||||||||||||||||||||||
cash, end of period | 49 | |||||||||||||||||||||||||||||||||||||||||||||
schedule of non-cash financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||
note 1 - | ||||||||||||||||||||||||||||||||||||||||||||||
net cash (used in) operating activities | ||||||||||||||||||||||||||||||||||||||||||||||
net cash (used in) investing activities |