7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-07-31 2025-04-30 2025-01-31 2024-10-31 2024-07-31 2024-04-30 2024-01-31 2023-10-31 2023-07-31 2023-04-30 2023-01-31 2022-10-31 2022-07-31 2022-04-30 2022-01-31 2021-10-31 2021-07-31 2021-04-30 2021-01-31 2020-10-31 2020-07-31 2020-04-30 2020-01-31 2019-10-31 2019-07-31 2019-04-30 2019-01-31 2018-10-31 2018-07-31 2018-04-30 2018-01-31 2017-10-31 2017-07-31 2017-04-30 2017-01-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 
      
    		                                           
      assets
    		                                           
      current assets:
    		                                           
      cash and cash equivalents
    		243,497,000 124,304,000 131,615,000 167,288,000 41,581,000 31,848,000 31,789,000 23,056,000 57,666,000 49,409,000 56,238,000 85,049,000 38,585,000 37,863,000 30,732,000 45,577,000 46,491,000 48,343,000 50,592,000 17,727,000 16,174,000 18,014,000 15,789,000 18,615,000 21,719,000 30,107,000 32,006,000 56,345,000 121,116,000 48,070,000 51,055,000 58,678,000 28,128,000 26,456,000 30,950,000 33,498,000 35,208,000 36,819,000 48,455,000 53,723,000 59,878,000 65,381,000 3,181,000 
      marketable securities
    		65,661,000 67,161,000 89,002,000 85,915,000 94,195,000 142,424,000 178,612,000 52,530,000 45,506,000 73,848,000 93,137,000 86,636,000 83,688,000 104,212,000 135,470,000 149,212,000 163,322,000 182,288,000 198,337,000 32,584,000 39,700,000 46,317,000 51,925,000 61,955,000 71,742,000 70,259,000 68,805,000                 
      accounts receivable
    		5,779,000 1,926,000                                          
      inventory
    		458,000                                           
      research and development tax credit receivable
    		1,343,000 561,000 1,383,000 7,485,000 11,082,000 9,908,000 8,439,000 23,011,000 19,976,000 19,057,000 16,568,000 11,892,000 20,029,000 17,248,000 14,098,000 11,287,000 17,399,000 13,613,000 10,418,000 7,589,000 14,685,000 12,638,000 16,527,000 14,803,000 11,814,000 12,625,000 11,315,000 8,970,000 7,032,000 5,604,000 6,834,000 4,989,000 3,718,000 2,822,000 2,250,000 2,840,000        
      prepaid expenses and other current assets
    		8,488,000 11,944,000 19,690,000 6,671,000 5,409,000 7,454,000 6,850,000 5,506,000 5,458,000 7,528,000 6,383,000 8,556,000 8,914,000 11,084,000 13,347,000 8,388,000 7,266,000 5,538,000 4,917,000 4,604,000 1,517,000 3,256,000 4,455,000 3,632,000 2,617,000 2,728,000 3,420,000 3,946,000 1,922,000 1,511,000 1,491,000 2,003,000 1,400,000 841,000 751,000 1,217,000 605,000 1,138,000 1,010,000 1,222,000 1,571,000 1,614,000 1,127,000 
      total current assets
    		325,226,000 205,896,000 241,690,000 267,359,000 152,267,000 191,634,000 225,690,000 104,103,000 128,606,000 149,842,000 172,326,000 192,133,000 151,216,000 170,407,000 193,647,000 214,464,000 234,478,000 249,782,000 264,264,000 62,504,000 72,076,000 80,225,000 88,696,000 99,005,000 107,892,000 115,719,000 115,546,000 124,063,000 130,070,000 55,185,000 59,380,000 65,710,000 34,139,000 30,192,000 34,248,000 37,953,000 35,813,000 37,957,000 49,465,000 54,945,000 61,449,000 66,995,000 4,308,000 
      property and equipment
    		3,190,000 2,067,000 1,988,000 1,807,000 2,039,000 2,100,000 2,227,000 2,423,000 2,502,000 2,813,000 2,948,000 3,037,000 3,060,000 3,030,000 2,178,000 2,215,000 2,180,000 1,944,000 1,791,000 1,868,000 1,889,000 2,019,000 2,043,000 2,260,000 2,365,000 2,255,000 2,413,000 2,289,000 2,316,000 2,260,000 1,836,000 774,000 602,000 592,000 97,000 97,000   160,000 805,000 362,000 374,000 329,000 
      right of use assets
    		9,096,000 5,165,000 5,544,000 5,440,000 5,863,000 5,859,000 6,920,000 7,045,000 7,298,000 7,571,000 7,822,000 8,101,000 8,365,000 8,664,000 7,862,000 8,180,000 6,959,000 7,207,000 5,758,000 1,653,000 1,305,000 1,480,000 1,612,000 1,497,000 1,634,000 1,737,000                  
      other assets
    		2,419,000 2,377,000 1,548,000 1,387,000 662,000 605,000 567,000 397,000 337,000 106,000 106,000 197,000 197,000 218,000 193,000 193,000 193,000 200,000 200,000 181,000 178,000 178,000 178,000 173,000 173,000 173,000 173,000 173,000 173,000 173,000 173,000 173,000        991,000 218,000 179,000 179,000 
      total assets
    		339,931,000 215,505,000 250,770,000 275,993,000 160,831,000 200,198,000 235,404,000 113,968,000 138,743,000 160,332,000 183,202,000 203,468,000 162,838,000 182,319,000 203,880,000 225,052,000 243,810,000 259,133,000 272,013,000 66,206,000 75,448,000 83,902,000 92,529,000 102,935,000 112,064,000 119,884,000 118,132,000 126,525,000 132,559,000 57,618,000 61,389,000 66,657,000 34,741,000 30,784,000 34,345,000 38,050,000 35,863,000 38,007,000 49,675,000 56,791,000 62,079,000 67,598,000 7,712,000 
      liabilities and stockholders' equity
    		                                           
      current liabilities:
    		                                           
      accounts payable
    		8,074,000 5,869,000 4,883,000 5,856,000 5,198,000 10,792,000 9,107,000 3,101,000 4,896,000 5,060,000 4,817,000 1,698,000 3,384,000 2,908,000 3,638,000 2,185,000 3,159,000 1,448,000 1,981,000 641,000 2,173,000 1,774,000 1,677,000 2,951,000 2,238,000 3,103,000 2,860,000 2,998,000 3,018,000 2,345,000 1,433,000 1,575,000 1,040,000 1,943,000 1,153,000 755,000 431,000 187,000 793,000 1,460,000 1,527,000 1,992,000 2,545,000 
      accrued expenses
    		20,767,000 18,971,000 27,307,000 18,315,000 15,429,000 10,355,000 12,398,000 14,840,000 11,707,000 7,950,000 9,128,000 8,851,000 6,910,000 5,828,000 6,961,000 6,450,000 6,025,000 5,876,000 6,930,000 5,285,000 6,941,000 6,170,000 5,455,000 4,876,000 5,029,000 4,261,000 5,593,000 3,408,000 2,994,000 3,137,000 3,087,000 2,290,000 2,253,000 1,692,000 1,865,000 2,446,000 1,431,000 1,713,000 1,082,000 1,327,000 1,272,000 1,666,000 1,832,000 
      deferred revenue
    		11,512,000 11,413,000 11,000,000                                         
      lease liability - current portion
    		1,429,000 2,122,000 1,977,000 1,444,000 1,537,000 1,264,000 1,302,000 1,187,000 1,148,000 1,122,000 1,087,000 1,057,000 1,026,000 997,000 977,000 1,014,000 930,000 905,000 863,000 592,000 422,000 513,000 588,000 592,000 602,000 580,000                  
      royalty obligation - current portion
    		3,287,000                                           
      total current liabilities
    		45,069,000 38,375,000 45,167,000 25,615,000 22,164,000 22,411,000 22,807,000 19,128,000 17,751,000 14,132,000 15,032,000 11,606,000 11,320,000 9,733,000 11,576,000 9,649,000 10,114,000 8,229,000 9,774,000 6,518,000 9,536,000 8,457,000 7,720,000 9,762,000 10,470,000 13,967,000 18,052,000 18,826,000 20,938,000 22,903,000 23,216,000 24,083,000 3,513,000 3,837,000 3,018,000 3,201,000 1,891,000 1,929,000 3,854,000 4,271,000 3,793,000 4,167,000 11,005,000 
      lease liability - net of current portion
    		9,128,000 4,019,000 4,330,000 4,338,000 4,675,000 4,988,000 6,015,000 6,257,000 6,546,000 6,865,000 7,145,000 7,421,000 7,705,000 8,014,000 7,211,000 7,467,000 6,224,000 6,474,000 5,046,000 1,123,000 932,000 1,010,000 1,057,000 926,000 1,053,000 1,177,000                  
      royalty obligation - net of current portion
    		129,707,000                                           
      convertible notes
    		139,028,000                                           
      total liabilities
    		322,932,000                                    1,926,000 1,971,000 6,604,000 7,481,000 7,458,000 8,274,000 17,125,000 
      stockholders' equity:
    		                                           
      common stock
    		50,000                                    27,000 27,000 27,000 27,000 27,000 27,000 1,000 
      additional paid-in capital
    		762,776,000 760,393,000 753,725,000 748,231,000 689,087,000 685,794,000 679,754,000 516,920,000 513,926,000 510,591,000 507,133,000 504,725,000 444,588,000 441,914,000 439,104,000 436,313,000 432,763,000 429,840,000 426,437,000 212,694,000 209,750,000 208,442,000 207,208,000 206,119,000 204,950,000 203,650,000 191,123,000 190,067,000 189,164,000 105,358,000 100,011,000 99,696,000 99,408,000 90,036,000 89,815,000 89,399,000 122,873,000 122,586,000 122,272,000 121,904,000 121,556,000 121,268,000 3,989,000 
      accumulated deficit
    		-739,098,000 -713,266,000 -653,170,000 -600,946,000 -552,437,000 -510,169,000 -469,726,000 -425,077,000 -396,049,000 -368,399,000 -343,082,000 -316,777,000 -295,474,000 -273,217,000 -250,175,000 -226,062,000 -203,595,000 -183,945,000 -167,836,000 -152,880,000 -142,832,000 -132,406,000 -121,592,000 -115,008,000 -105,717,000 -99,814,000 -92,476,000 -83,950,000 -79,994,000 -76,690,000 -71,660,000 -71,003,000 -65,769,000 -60,784,000 -55,855,000 -51,653,000 -88,963,000 -86,577,000 -79,228,000 -72,621,000 -66,962,000 -61,971,000 -52,959,000 
      accumulated other comprehensive loss
    		-6,729,000 -6,387,000 -5,214,000 -2,208,000 -2,701,000 -2,869,000 -3,488,000 -3,294,000 -3,465,000 -2,891,000 -3,060,000 -3,541,000 -5,326,000 -4,150,000 -3,861,000 -2,339,000 -1,720,000 -1,489,000 -1,432,000 -1,267,000 -1,956,000 -1,619,000 -1,882,000 -1,382,000 -1,464,000 -1,987,000 -1,926,000 -2,101,000 -2,236,000 -2,429,000 -1,109,000 -136,000 -2,571,000 -2,528,000 -2,643,000 -2,907,000        
      total stockholders' equity
    		16,999,000                                           
      total liabilities and stockholders' equity
    		339,931,000                                           
      liabilities and stockholders’ equity
    		                                           
      long-term liabilities:
    		                                           
      royalty obligation
    		 132,321,000                                          
      total long-term liabilities
    		 136,340,000 110,212,000 105,252,000 4,675,000 4,988,000 6,015,000 6,257,000 6,546,000 6,865,000 7,145,000 7,421,000 7,705,000 8,014,000 7,211,000 7,467,000 6,224,000 6,474,000 5,046,000 1,123,000 932,000 1,010,000 1,057,000 3,426,000 3,807,000 4,050,000 3,342,000 3,666,000 4,670,000 8,465,000 10,920,000 14,006,000 149,000 213,000          
      stockholders’ equity
    		                                           
      shares issued and outstanding: 50,339,823 at july 31, 2025 and 49,762,048 at april 30, 2025
    		 50,000                                          
      total stockholders’ equity
    		 40,790,000 95,391,000 145,126,000 133,992,000 172,799,000 206,582,000 88,583,000 114,446,000 139,335,000 161,025,000 184,441,000 143,813,000 164,572,000 185,093,000 207,936,000 227,472,000 244,430,000 257,193,000 58,565,000 64,980,000 74,435,000 83,752,000 89,747,000 97,787,000 101,867,000 96,738,000 104,033,000 106,951,000 26,250,000 27,253,000 28,568,000 31,079,000 26,734,000 31,327,000 34,849,000 33,937,000 36,036,000 43,071,000 49,310,000 54,621,000 59,324,000  
      total liabilities and stockholders’ equity
    		 215,505,000 250,770,000 275,993,000 160,831,000 200,198,000 235,404,000 113,968,000 138,743,000 160,332,000 183,202,000 203,468,000 162,838,000 182,319,000 203,880,000 225,052,000 243,810,000 259,133,000 272,013,000 66,206,000 75,448,000 83,902,000 92,529,000 102,935,000 112,064,000 119,884,000 118,132,000 126,525,000 132,559,000 57,618,000 61,389,000 66,657,000 34,741,000 30,784,000 34,345,000 38,050,000 35,863,000 38,007,000 49,675,000     
      deferred royalty obligation
    		  105,882,000 100,914,000                                        
      commitments and contingencies
    		                                           
      stockholders’ equity:
    		                                           
      shares issued and outstanding: 49,762,048 and 42,521,975 as of april 30, 2025 and 2024, respectively
    		  50,000                                         
      shares issued and outstanding: 49,493,210 at january 31, 2025 and 42,521,975 at april 30, 2024
    		   49,000                                        
      shares issued and outstanding: 43,271,501 at october 31, 2024 and 42,521,975 at april 30, 2024
    		    43,000                                       
      shares issued and outstanding: 43,081,922 at july 31, 2024 and 42,521,975 at april 30, 2024
    		     43,000                                      
      shares issued and outstanding: 42,521,975 and 34,171,138 as of april 30, 2024 and 2023, respectively
    		      42,000                                     
      shares issued and outstanding: 34,595,623 at january 31, 2024 and 34,171,138 at april 30, 2023
    		       34,000                                    
      shares issued and outstanding: 34,421,458 at october 31, 2023 and 34,171,138 at april 30, 2023
    		        34,000                                   
      shares issued and outstanding: 34,266,595 at july 31, 2023 and 34,171,138 at april 30, 2023
    		         34,000                                  
      shares issued and outstanding: 34,171,138 and 24,550,748 as of april 30, 2023 and 2022, respectively
    		          34,000                                 
      shares issued and outstanding: 34,127,762 at january 31, 2023 and 24,550,748 at april 30, 2022
    		           34,000                                
      shares issued and outstanding: 24,602,023 at october 31, 2022 and 24,550,748 at april 30, 2022
    		            25,000                               
      shares issued and outstanding: 24,570,872 at july 31, 2022 and 24,550,748 at april 30, 2022
    		             25,000                              
      shares issued and outstanding: 24,550,748 and 24,422,531 at april 30, 2022 and 2021, respectively
    		              25,000                             
      shares issued and outstanding: 24,537,094 at january 31, 2022 and 24,422,531 at april 30, 2021
    		               24,000                            
      shares issued and outstanding: 24,443,432 at october 31, 2021 and 24,422,531 at april 30, 2021
    		                24,000                           
      shares issued and outstanding: 24,437,515 at july 31, 2021 and 24,422,531 at april 30, 2021
    		                 24,000                          
      shares issued and outstanding: 24,422,531 and 17,845,599 at april 30, 2021 and 2020, respectively
    		                  24,000                         
      shares issued and outstanding: 18,021,224 at january 31, 2021 and 17,845,599 at april 30, 2020
    		                   18,000                        
      shares issued and outstanding: 17,915,515 at october 31, 2020 and 17,845,599 at april 30, 2020
    		                    18,000                       
      shares issued and outstanding: 17,880,414 at july 31, 2020 and 17,845,599 at april 30, 2020
    		                     18,000                      
      deferred revenue - current portion
    		                       1,343,000 2,601,000 6,023,000 9,545,000 12,311,000 14,769,000 17,207,000 18,475,000 19,996,000            
      deferred revenue - net of current portion
    		                       2,500,000 2,754,000 2,873,000 3,342,000 3,666,000 4,670,000 8,465,000 10,862,000 13,889,000            
      shares issued and outstanding: 17,845,599 at april 30, 2020 and 17,277,750 at april 30, 2019
    		                      18,000                     
      shares issued and outstanding: 17,845,599 at january 31, 2020 and 17,277,750 at april 30, 2019
    		                       18,000                    
      shares issued and outstanding: 17,834,126 at october 31, 2019 and 17,277,750 at april 30, 2019
    		                        18,000                   
      shares issued and outstanding: 17,815,493 at july 31, 2019 and 17,277,750 at april 30, 2019
    		                         18,000                  
      capital lease liability - current portion
    		                          54,000 109,000 157,000 214,000 221,000 222,000 220,000           
      capital lease liability - net of current portion
    		                              58,000 117,000 149,000           
      shares issued and outstanding: 17,277,750 at april 30, 2019 and 10,799,895 at april 30, 2018
    		                          17,000                 
      investments
    		                           54,802,000                
      shares issued and outstanding: 17,247,306 at january 31, 2019 and 10,799,895 at april 30, 2018
    		                           17,000                
      shares issued and outstanding: 17,225,167 at october 31, 2018 and 10,799,895 at april 30, 2018
    		                            17,000               
      shares issued and outstanding: 10,799,895 at july 31, 2018 and at april 30, 2018
    		                             11,000              
      grants and other receivables
    		                               40,000 893,000           
      shares issued and outstanding: 10,799,895 at april 30, 2018 and 9,713,042 at april 30, 2017
    		                              11,000             
      shares authorized: 100,000,000
    		                                           
      shares issued and outstanding: 10,792,646
    		                               11,000            
      shares issued and outstanding: 10,783,631
    		                                11,000           
      grants receivable
    		                                 73,000 297,000 398,000        
      capital lease liability
    		                                 202,000          
      shares issued and outstanding: 9,713,042
    		                                 10,000          
      due to related parties
    		                                           
      series b convertible preferred stock, 0.0016 par value
    		                                           
      shares issued and outstanding: none at april 30, 2017 and 8,422,898 at april 30, 2016
    		                                           
      series a convertible preferred stock, 0.0016 par value
    		                                           
      shares issued and outstanding: none at april 30, 2017 and 15,900,000 at april 30, 2016
    		                                           
      total preferred stock
    		                                           
      ordinary shares, 0.0016 par value
    		                                           
      shares issued and outstanding: none at april 30, 2017 and 2,167,367 at april 30, 2016
    		                                           
      shares authorized: 100,000,000 at april 30, 2017
    		                                           
      shares issued and outstanding: 9,713,042 at april 30, 2017 and none at april 30, 2016
    		                                  10,000         
      redeemable convertible preferred stock
    		                                           
      shares issued and outstanding: none at january 31, 2017 and 24,322,898 at april 30, 2016
    		                                           
      shares issued and outstanding: none at january 31, 2017 and 2,167,367 at april 30, 2016
    		                                           
      shares authorized: 100,000,000 at january 31, 2017
    		                                           
      shares issued and outstanding: 9,713,042 at january 31, 2017 and none at april 30, 2016
    		                                   10,000        
      restricted cash
    		                                    50,000 50,000 50,000 50,000 50,000 50,000 50,000 
      loan payable
    		                                           
      deferred licensing revenue
    		                                    29,000 29,000 29,000 29,000 29,000 29,000 29,000 
      loans payable, net of current portion
    		                                      2,701,000 3,154,000 3,601,000 4,036,000 3,404,000 
      deferred licensing revenue, net of current portion
    		                                    35,000 42,000 49,000 56,000 64,000 71,000 78,000 
      preferred stock, 0.001 par value; 5,000,000 shares authorized as of september 30, 2016 and december 31, 2015: no shares issued and outstanding as of september 30, 2016 and december 31, 2015
    		                                           
      preferred stock, 0.001 par value; 5,000,000 shares authorized as of june 30, 2016 and december 31, 2015: no shares issued and outstanding as of june 30, 2016 and december 31, 2015
    		                                           
      loans payable
    		                                      1,950,000 1,455,000 965,000 480,000 1,075,000 
      preferred stock, 0.001 par value; 5,000,000 shares authorized as of march 31, 2016 and december 31, 2015: no shares issued and outstanding as of march 31, 2016 and december 31, 2015
    		                                           
      deferred public offering costs
    		                                          2,846,000 
      liabilities, convertible preferred stock and stockholders’ equity
    		                                           
      convertible promissory notes
    		                                          5,524,000 
      derivative liability
    		                                          2,287,000 
      preferred stock warrant liability
    		                                          349,000 
      deferred rent, net of current portion
    		                                          2,000 
      convertible preferred stock, 0.001 par value; no shares authorized as of december 31, 2015 and 34,371,305 shares authorized as of december 31, 2014; no shares issued and outstanding as of december 31, 2015 and 8,268,531 shares issued and outstanding as of december 31, 2014
    		                                           
      preferred stock, 0.001 par value; 5,000,000 shares authorized as of december 31, 2015 and none authorized as of december 31, 2014: no shares issued and outstanding as of december 31, 2015 and december 31, 2014
    		                                           
      total liabilities, convertible preferred stock and stockholders’ equity
    		                                       56,791,000 62,079,000 67,598,000  
      convertible preferred stock, 0.001 par value; no shares authorized as of september 30, 2015 and 34,371,305 shares authorized as of december 31, 2014; no shares issued and outstanding as of september 30, 2015 and 8,268,531 shares issued and outstanding as of december 31, 2014
    		                                           
      preferred stock, 0.001 par value; 5,000,000 shares authorized as of september 30, 2015 and none authorized as of december 31, 2014: no shares issued and outstanding as of september 30, 2015
    		                                           
      convertible preferred stock, 0.001 par value; no shares authorized as of june 30, 2015 and 34,371,305 shares authorized as of december 31, 2014; no shares issued and outstanding as of june 30, 2015 and 8,268,531 shares issued and outstanding as of december 31, 2014
    		                                           
      preferred stock, 0.001 par value; 5,000,000 shares authorized as of june 30, 2015 and none authorized as of december 31, 2014: no shares issued and outstanding as of june 30, 2015
    		                                           
      liabilities, convertible preferred stock and stockholders’ deficit
    		                                           
      convertible preferred stock, 0.001 par value; 34,371,305 shares authorized, 8,268,531 issued and outstanding at march 31, 2015 and at december 31, 2014
    		                                          39,556,000 
      stockholders’ deficit
    		                                           
      total stockholders’ deficit
    		                                          -48,969,000 
      total liabilities, convertible preferred stock and stockholders’ deficit
    		                                          7,712,000 
      license revenue
    		                                          7,000 
      operating expenses:
    		                                           
      research and development
    		                                          3,902,000 
      general and administrative
    		                                          1,006,000 
      total operating expenses
    		                                          4,908,000 
      income from operations
    		                                          -4,901,000 
      other income:
    		                                           
      interest expense
    		                                          -836,000 
      other income
    		                                          553,000 
      total other income
    		                                          -283,000 
      net income and comprehensive loss
    		                                          -5,184,000 
      net income attributable to common stockholders
    		                                          -5,184,000 
      net income per share
    		                                          -7,380 
      weighted-average common shares outstanding, basic and diluted
    		                                          701,980,000 
    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.