7Baggers
Quarterly
Annual
    Unit: USD2025-06-30 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 2018-09-30 2018-06-30 2018-03-31 2017-09-30 2017-06-30 2017-03-31 2016-09-30 2016-06-30 2016-03-31 2015-09-30 2015-06-30 2015-03-31 2014-09-30 2014-06-30 2014-03-31 2013-09-30 2013-06-30 2013-03-31 2012-09-30 2012-06-30 2012-03-31 2011-09-30 2011-06-30 2011-03-31 2010-06-30 2010-03-31 2009-09-30 
      
    		                                                     
      cash flows from operating activities:
    		                                                     
      net income
    		-42,281,000 -73,238,000 -59,416,000 -106,964,000 -151,971,000 -147,541,000 -112,194,000 -98,740,000 -85,800,000 -76,896,000 -85,905,000 -81,197,000 -70,730,000 -57,518,000 -64,549,000 -63,100,000 -61,651,000 -52,546,000 -59,123,000 -57,963,000 -49,023,000 -36,135,000 -27,740,000 -21,429,000 -19,699,000 -15,080,000 -8,512,000 -6,460,000 -6,364,000 -8,363,000 -8,347,000 -5,999,000 -8,735,589 -3,379,000 -6,524,000 -17,628,000 -19,800,000 -20,707,000 -19,966,000 -22,286,000 -23,557,000 -22,515,000 -22,787,000 -20,728,000 -14,996,000 -14,620,000 -15,051,000 -12,734,000 -12,502,000 -11,401,000 -9,074,000 -9,308,000 119,220,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                                     
      stock-based compensation expense
    		25,159,000 20,931,000 17,676,000 17,898,000 24,404,000 19,902,000 14,852,000 12,660,000 10,973,000 11,250,000 8,082,000 8,122,000 7,944,000 7,477,000 6,356,000 6,242,000 8,179,000 6,096,000 5,134,000 5,061,000 5,689,000 4,846,000 4,032,000 4,950,000 7,755,000 6,022,000 4,976,000 2,227,000 1,167,000 1,029,000 676,000 602,000  545,000 448,000 1,168,000 843,000 1,710,000 1,566,000 1,513,000 2,586,000 1,683,000 1,591,000 1,216,000 801,000 731,000 827,000 867,000 812,000 827,000 1,135,000 1,087,000  
      depreciation and amortization expense
    		377,000 379,000 363,000 298,000 267,000 168,000 142,000 135,000 126,000 124,000 129,000 121,000 110,000 107,000 106,000 97,000 89,000 113,000 116,000 115,000 115,000 125,000 28,000 28,000 28,000 28,000 24,000 24,000 23,000 9,000                        
      amortization of debt issuance costs and discount
    		371,000 436,000 482,000 480,000 472,000 655,000 753,000 674,000 554,000 433,000 306,000 313,000                                          
      amortization and interest accretion related to operating leases
    		55,000 56,000 58,000                                                   
      other non-cash items
    		                                                     
      changes in operating assets and liabilities:
    		                                                     
      trade receivables
    		-17,803,000 -7,606,000 -23,359,000 -23,564,000                                                  
      prepaid expenses and other current assets
    		-35,362,000 -9,456,000 7,075,000 -5,898,000 -928,000 -10,885,000 -32,000 59,000 -1,370,000 788,000 1,325,000 -1,140,000 -1,563,000 121,000 2,474,000 -1,591,000 -1,399,000 191,000 651,000 559,000 -1,247,000 175,000 561,000 677,000 -1,794,000 888,000   290,000 287,000 -517,000 520,000   647,000   289,000   153,000             
      inventory
    		-8,256,000 -21,173,000 -25,353,000 -1,643,000 -6,218,000 -854,000                                                
      accounts payable
    		-4,081,000 -1,543,000 -2,367,000 36,972,000 -7,534,000 -11,513,000 11,499,000 -992,000 5,406,000 -11,703,000 5,269,000 7,268,000 -11,486,000 1,400,000 10,962,000 9,351,000 -3,329,000 3,379,000 -5,260,000 1,273,000 3,889,000 -63,000 405,000 327,000 -3,930,000 1,889,000    115,000 -1,495,000 2,018,000      598,000      58,000 222,000   923,000      
      accrued liabilities
    		33,314,000 -530,000 -6,308,000                                                   
      accrued interest, net of interest received on maturity of investments
    		513,000 2,853,000 -13,337,000 503,000 -9,878,000 -1,380,000 -2,323,000 435,000 -1,393,000 -2,169,000 416,000 -318,000 -207,000 106,000 53,000 184,000 65,000 485,000 1,086,000 280,000 640,000 -86,000 2,073,000 1,306,000                              
      net cash from operating activities
    		-47,052,000 -88,891,000 -104,486,000 -66,984,000 -134,945,000 -149,157,000 -79,933,000 -84,920,000 -75,310,000 -84,067,000 -58,515,000 -59,069,000 -57,360,000 -49,913,000 -48,051,000 -45,556,000 -46,881,000 -43,429,000 -54,947,000 -47,850,000 -24,258,000 -30,506,000 -12,282,000 -11,324,000                              
      capex
    		0 0 -195,000 -779,000 -131,000 -357,000 -1,036,000 -339,000 -69,000 -35,000 -29,000 -33,000 -103,000 -52,000 -113,000 -50,000 -2,000 -44,000 -10,000 -3,000 -7,000 -314,000 -134,000 2,000                              
      free cash flows
    		-47,052,000 -88,891,000 -104,681,000 -67,763,000 -135,076,000 -149,514,000 -80,969,000 -85,259,000 -75,379,000 -84,102,000 -58,544,000 -59,102,000 -57,463,000 -49,965,000 -48,164,000 -45,606,000 -46,883,000 -43,473,000 -54,957,000 -47,853,000 -24,265,000 -30,820,000 -12,416,000 -11,322,000                              
      cash flows from investing activities:
    		                                                     
      purchases of marketable securities
    		-225,534,000 -130,812,000 -350,186,000 -416,033,000 -280,791,000 -84,197,000 -474,890,000 -68,853,000 -91,874,000 -198,822,000 -12,785,000 -14,197,000 -78,929,000 -37,567,000 -54,749,000 -115,300,000 -130,349,000 -93,722,000 -116,156,000 -59,317,000 -95,222,000 -58,647,000 -212,230,000 -140,957,000                              
      sales and maturities of marketable securities
    		273,392,000 294,690,000 302,431,000 214,421,000 163,824,000 182,607,000 113,803,000 119,391,000 88,211,000 11,993,000 79,201,000 79,367,000 98,268,000 93,545,000 70,505,000 155,441,000 103,026,000 60,302,000 111,368,000 154,073,000 114,594,000 109,421,000 181,857,000 169,222,000 128,716,000 170,387,000 51,051,000 48,763,000 20,071,000 -13,089,000 8,470,000 11,563,000 -32,246,154   37,186,000                 15,717,000 
      acquisition of intangible asset
    		  0 0                                                  
      purchases of property and equipment, net of disposals
    		  -195,000 -779,000 -131,000 -357,000 -1,036,000 -339,000 -69,000 -35,000 -29,000 -33,000 -103,000 -52,000 -113,000 -50,000 -2,000 -44,000 -10,000 -3,000 -7,000 -314,000 -134,000 2,000                              
      net cash from investing activities
    		47,858,000 163,878,000 -47,950,000 -202,391,000 -122,098,000 98,053,000 -362,123,000 50,199,000 -3,732,000 -186,864,000 66,387,000 65,137,000 19,236,000 55,926,000 15,643,000 40,091,000 -27,325,000 -33,464,000 -4,798,000 94,753,000 19,365,000 50,460,000 -30,507,000 28,267,000           22,381,000   8,317,000  11,478,000 16,197,000            -8,262,000 
      cash flows from financing activities:
    		                                                     
      proceeds from issuances of stock, excluding related parties, net of transaction costs
    		 8,640,000 -23,000 0 85,949,000 311,561,000 235,703,000 2,730,000       18,958,000 21,092,000 63,541,000 66,616,000                                    
      proceeds from related parties - warrants, exercise of common stock options, net of transaction costs
    		  19,794,000 7,462,000 48,174,000 262,145,000                                                
      net cash from financing activities
    		1,741,000 8,640,000 19,771,000 7,462,000 134,123,000 573,706,000 479,916,000 19,580,000 42,930,000 52,690,000 264,337,000 0   19,503,000 21,099,000 63,541,000 67,094,000 4,629,000 350,000   0 35,000 117,000 83,000 451,000 313,009,000 265,000 0 34,879,000 3,399,000    5,516,000   25,815,000 54,173,000 7,617,000 -211,000 120,000 12,280,000 23,951,000 441,000 33,050,000 -135,000 34,837,000 2,103,000 -247,000 26,351,000  
      net increase in cash, cash equivalents, and restricted cash
    		2,547,000 83,627,000  -261,913,000 -122,920,000 522,602,000                                                
      cash, cash equivalents, and restricted cash at beginning of period
    		0 105,019,000 0 0 0 99,915,000                                                
      cash, cash equivalents, and restricted cash at end of period
    		2,547,000 188,646,000 -132,665,000 -261,913,000 -122,920,000 622,517,000                                                
      supplemental disclosure of cash flow information:
    		                                                     
      obtaining a right-of-use asset in exchange for a lease liability
    		  162,000    0    0 0   0 0   0    0 0                              
      intangible assets in accounts payable at the end of the period
    		     5,000,000                                                
      proceeds from issuance of loan payable
    		      0 15,000,000 15,000,000 35,000,000 0 0                                          
      payment of debt issuance costs
    		      0 -75,000 -75,000 -213,000 0 0                                          
      net increase in cash and cash equivalents
    		      37,860,000 -15,141,000 -36,112,000 -218,241,000 272,209,000 6,068,000 10,990,000 6,013,000 -12,905,000 15,634,000 -10,665,000 -9,799,000 -55,116,000 47,253,000 -4,784,000 19,954,000 -42,789,000 16,978,000      -21,837,000     7,849,000    -28,333,000 44,777,000 3,544,000      4,475,000     13,762,000  
      accrued expense
    		    23,340,000 2,291,000 7,370,000 849,000 -3,806,000 -5,894,000 11,863,000 7,762,000 18,394,000 -1,606,000 -3,453,000 3,261,000 11,165,000 -1,147,000   15,679,000 632,000 8,359,000 2,817,000      1,972,000                        
      proceeds from the sale of related party warrants and stock and exercise of common stock options, net of transaction costs
    		                                                     
      cash and cash equivalents at beginning of period
    		      0 0 0 331,549,000 0 0 0 36,269,000 0 0 0 54,004,000 0 0 0 46,697,000 0 0 0 57,379,000 0 0 148,627,000 0 0 19,145,000 -34,659,751 0 34,966,000 0 0 46,024,000 0 0 48,490,000 0 0 81,512,000 0 0 30,075,000 0 0 31,310,000 0 44,155,000 18,358,000 
      cash and cash equivalents at end of period
    		      37,860,000 -15,141,000 -36,112,000 113,308,000 272,209,000 6,068,000 10,990,000 42,282,000 -12,905,000 15,634,000 -10,665,000 44,205,000 -55,116,000 47,253,000 -4,784,000 66,651,000 -42,789,000 16,978,000 25,015,000 47,493,000 -226,815,000 226,736,000 38,125,000 -21,837,000 26,582,000 8,215,000 -2,362,698 -32,059,000 42,815,000 13,534,000 -1,252,000 33,255,000 -28,333,000 44,777,000 52,034,000 -8,306,000 -1,179,000 34,962,000 3,849,000 -8,957,000 34,550,000 -5,248,000 8,519,000 17,372,000 -15,306,000 57,917,000 -29,723,000 
      proceeds from the sale of related party stock and exercise of common stock options, net of transaction costs
    		       1,925,000 6,251,000 17,903,000                                            
      proceeds from the exercise of common stock options
    		               7,000        35,000                              
      purchases of property and equipment in accounts payable at period end
    		                                                     
      proceeds from the exercise of common stock options, net of transaction costs
    		                 478,000                                    
      accrued expenses
    		                                                     
      purchases of property and equipment in accounts payable or accrued expense at period end
    		                                                     
      proceeds from exercise of common stock options
    		                         83,000 451,000                           
      net decrease in cash and cash equivalents
    		                                                     
      acquisition of a right-of-use asset in exchange for a lease liability
    		                         900,000                            
      proceeds from issuance of stock, net of transaction costs
    		                          0                           
      proceeds from issuance of stock, net of transaction costs, including exercise of common stock options
    		                            265,000                         
      pik interest expense on convertible promissory notes payable — related parties
    		                                                     
      accounts receivable - related parties
    		                                                     
      accrued interest — related party
    		                                                     
      cash received from merger transaction
    		                                                     
      purchases of property and equipment
    		                                                     
      net proceeds from the sale of property, equipment and other assets
    		                                                     
      net cash provided (used) in investing activities
    		                                                     
      proceeds from issuance of common stock, net of transaction costs
    		                               3,399,000                      
      proceeds from convertible notes — related parties
    		                                                     
      exchange of related party advances payable for convertible notes
    		                                                     
      related party debt restructuring
    		                                                     
      proceeds from issuance of common and preferred stock, net of transaction costs
    		                                                     
      stock-based compensation expense and share based payments
    		                                                     
      other receivable — related parties
    		                                                     
      prepaid expense
    		                                                     
      net proceeds from the sale of property and equipment
    		                                216,440                     
      net cash from in investing activities
    		                                                     
      proceeds from advances—related party
    		                                                     
      supplemental disclosure of non-cash financing activities:
    		                                                     
      depreciation and amortization
    		                                 96,000 46,000 166,000 168,000 169,000 167,000 169,000 168,000 148,000 125,000 100,000 170,000 223,000 230,000 350,000 384,000 439,000 482,000 515,000 302,000 
      gain on disposal of property and equipment
    		                                                     
      other assets
    		                                   52,000   27,000 26,000 32,000    37,000 16,000 112,000    0 207,000  
      accrued contract research costs
    		                                   2,478,000 2,217,000 194,000 1,289,000 499,000 2,081,000 2,441,000 1,010,000 140,000 -57,000 -231,000 1,166,000 139,000 -382,000 742,000 -56,000 492,000  
      other accrued liabilities
    		                                                     
      proceeds from the sale of common stock to related parties, net of transaction costs
    		                                      0               
      payment of term loans
    		                                                     
      payment of capital lease obligations
    		                                                     
      cash paid for interest
    		                                 827,000 96,000 213,000 267,000 325,000 443,000 495,000 560,000 596,000 533,000 789,000 428,000 406,000 501,000 717,000 376,000 371,000 40,000 48,000 -10,000 
      maturities of marketable securities
    		                                  31,600,000   37,000,000 15,250,000 25,670,000 19,768,000 18,408,000 25,009,000 18,950,000 16,500,000 3,695,000 9,650,000 14,302,000 11,000,000 11,342,000    
      net cash used by financing activities
    		                                                     
      proceeds from issuance of common stock, net of transaction costs, and exercise of common stock options
    		                                   7,831,000   28,122,000 51,555,000 10,118,000             
      proceeds from the sale of common stock to related parties
    		                                   0           5,000,000       
      proceeds from term loans
    		                                         0 290,000 13,210,000    0      
      proceeds from issuance of common stock, excluding to related parties, and exercise of common stock options, net of transaction costs
    		                                         11,000 26,000 1,045,000   28,204,000       
      collaboration receivable
    		                                               0 0 116,000    
      deferred collaboration revenue
    		                                                     
      proceeds from the issuance of common stock, excluding to related parties, net of transaction costs
    		                                            158,000         
      proceeds from the issuance of common stock to related parties
    		                                            25,759,000         
      proceeds from issuance of common stock and exercise of common stock options, net of transaction costs
    		                                               20,000 35,018,000 190,000 69,000 26,699,000  
      proceeds from term loan
    		                                                 2,000,000    
      collaboration payable
    		                                                     
      supplemental disclosure of noncash operating, investing and financing activities:
    		                                                     
      acquisition of equipment under capital leases
    		                                                     
      restricted cash
    		                                                    -389,000 
      proceeds from sale—leaseback of property and equipment
    		                                                     
      milestone payments receivable for product development milestones
    		                                                     
      in-process research and development
    		                                                     
      common stock issued for licenses
    		                                                     
      expense deferred offering costs
    		                                                     
      other stock-related compensation expense
    		                                                     
      changes in operating assets and liabilities, net of acquisitions:
    		                                                     
      deferred revenue
    		                                                     
      cash paid for acquisitions, net of cash acquired
    		                                                     
      advances issued to related parties
    		                                                     
      repayment of advances from related parties
    		                                                     
      proceeds from issuances of common stock and exercise of common stock warrants
    		                                                     
      proceeds from issuance of convertible preferred stock
    		                                                     
      proceeds from exercise of stock options
    		                                                     
      repurchase of common stock from officers
    		                                                     
      proceeds from sale-leaseback of property and equipment
    		                                                     
      payment of capital lease obligation
    		                                                     
      payment of deferred offering costs
    		                                                     
      supplemental disclosure of noncash investing and financing activities:
    		                                                     
      purchase of equipment under capital lease
    		                                                     
      convertible preferred stock beneficial conversion charge
    		                                                     
      convertible preferred stock dividends
    		                                                     
      conversion of preferred stock
    		                                                     
    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.