7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 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:
    		                                                
      collaborative and other agreements
    		53,003,000 6,869,000 7,042,000 13,676,000 101,408,000 2,065,000 1,449,000 5,397,000 885,000 6,021,000 16,686,000 59,673,000 35,674,000 16,863,000                                   
      product sales
    		   2,156,000 4,161,000 5,248,000 4,861,000 4,692,000 4,695,000 5,062,000 3,490,000 4,104,000 4,371,000 4,672,000                                   
      contract manufacturing
    		19,836,000 15,372,000 6,150,000 3,315,000 4,573,000 2,893,000 2,276,000 169,000 4,462,000 1,587,000 3,615,000 8,854,000 1,142,000 3,992,000                                   
      government agreements
    		   206,000 566,000 493,000 358,000 462,000 345,000 466,000 283,000 468,000 547,000 480,000                                   
      total revenues
    		72,839,000 22,241,000 13,192,000 19,353,000 110,708,000 10,797,000 9,104,000 10,720,000 10,397,000 13,136,000 24,496,000 73,099,000 41,734,000 26,007,000 11,101,000 14,147,000 15,662,000 30,757,000 16,881,000 52,691,000 18,253,000 20,257,000 13,682,000 25,192,000 18,741,000 10,593,000 9,662,000 15,794,000 20,798,000 18,834,000 4,695,000 152,359,000 1,663,000 1,666,000 2,055,000  80,673,000 2,846,000 8,178,000 14,681,000 6,716,000 71,279,000 5,476,000 18,382,000 9,220,000 14,718,597 14,906,436 20,232,068 
      costs and expenses:
    		                                                
      cost of product sales
    		   233,000 168,000 176,000 270,000 163,000 85,000 258,000 113,000 116,000 3,007,000 180,000 48,000 947,000 1,665,000 22,000 17,000                              
      cost of manufacturing services
    		11,589,000 8,906,000 5,400,000 5,257,000 1,702,000 2,647,000 1,846,000  3,274,000 919,000 3,410,000 1,675,000 136,000 2,222,000                                   
      research and development
    		32,709,000 40,791,000 39,698,000 38,890,000 40,543,000 51,732,000 46,029,000 47,351,000 30,131,000 43,229,000 45,872,000 45,653,000 48,191,000 51,744,000 61,438,000 55,853,000 49,823,000 55,780,000 53,121,000 42,300,000 44,656,000 57,351,000 48,894,000 51,957,000 44,852,000 51,440,000 47,060,000 46,925,000 46,218,000 52,014,000 45,670,000 38,986,000 40,984,000 34,461,000 32,801,000  33,340,000 27,346,000 30,044,000 24,103,000 22,660,000 21,464,000 19,650,000 18,632,000 17,335,000 14,568,754 14,348,102 11,087,919 
      selling, general and administrative
    		9,905,000 9,302,000 10,718,000 27,810,000 14,104,000 14,423,000 14,709,000 12,560,000 12,409,000 13,692,000 13,527,000 13,672,000 15,355,000 13,669,000 16,253,000 15,583,000 17,161,000 15,234,000 15,036,000                              
      total costs and expenses
    		54,203,000 58,999,000 55,816,000 72,190,000 56,517,000 68,978,000 62,854,000 60,074,000 45,899,000 58,098,000 62,922,000 61,116,000 66,689,000 67,815,000 77,739,000 72,383,000 68,649,000 71,036,000 68,174,000 54,861,000 54,388,000 67,567,000 59,127,000 63,847,000 56,685,000 63,562,000 57,279,000 57,472,000 55,802,000 63,148,000 54,905,000 47,390,000 49,387,000 42,845,000 40,263,000  40,579,000 33,479,000 36,759,000 30,124,000 28,006,000 26,147,000 24,495,000 22,310,000 21,480,000 17,827,341 18,111,887 13,074,474 
      income from operations
    		18,636,000 -36,758,000 -42,624,000 -52,837,000 54,191,000 -58,181,000 -53,750,000 -49,354,000 -35,502,000 -44,962,000 -38,426,000 11,983,000 -24,955,000 -41,808,000 -66,638,000 -58,236,000 -52,987,000 -40,279,000 -51,293,000 -2,170,000 -36,135,000 -47,310,000 -45,445,000 -38,655,000 -37,944,000 -52,969,000 -47,617,000 -41,678,000 -35,004,000 -44,314,000 -50,210,000 104,969,000 -47,724,000 -41,179,000 -38,208,000  40,094,000 -30,633,000 -28,581,000 -15,443,000 -21,290,000 45,132,000 -19,019,000 -3,928,000 -12,260,000 -3,108,744 -3,205,451 7,157,594 
      yoy
    		-65.61% -36.82% -20.70% 7.06% -252.64% 29.40% 39.88% -511.87% 42.26% 7.54% -42.34% -120.58% -52.90% 3.80% 29.92% 2583.69% 46.64% -14.86% 12.87% -94.39% -4.77% -10.68% -4.56% -7.25% 8.40% 19.53% -5.16% -139.71% -26.65% 7.61% 31.41%  -219.03% 34.43% 33.68%  -288.32% -167.87% 50.28% 293.15% 73.65% -1551.78% 493.33% -154.88%     
      qoq
    		-150.70% -13.76% -19.33% -197.50% -193.14% 8.24% 8.91% 39.02% -21.04% 17.01% -420.67% -148.02% -40.31% -37.26% 14.43% 9.91% 31.55% -21.47% 2263.73% -93.99% -23.62% 4.10% 17.57% 1.87% -28.37% 11.24% 14.25% 19.07% -21.01% -11.74% -147.83% -319.95% 15.89% 7.78%   -230.88% 7.18% 85.07% -27.46% -147.17% -337.30% 384.19% -67.96% 294.37% -3.02% -144.78%  
      operating margin %
    		                                                
      interest and other income
    		1,528,000 1,414,000 1,679,000 2,086,000 2,118,000 2,523,000 2,693,000 3,282,000 3,056,000 2,275,000 1,073,000                                      
      income before income taxes
    		16,822,000 -36,146,000                                               
      income tax provision
    		 105,000                                               
      net income
    		16,822,000 -36,251,000 -41,036,000 -15,421,000 56,309,000 -55,664,000 -52,190,000 -46,072,000 17,554,000 57,469,000 -38,009,000 12,802,000 -24,813,000 -41,304,000 -66,443,000 -58,022,000 -52,886,000 -39,935,000 -51,272,000 -2,087,000 -36,043,000 -46,885,000 -44,724,000 -30,396,000 -44,631,000 -31,767,000 -45,017,000 -44,644,000 -34,029,000 -43,244,000 -49,536,000 105,727,000 -47,043,000 -40,654,000 -37,655,000  40,464,000 -30,363,000           
      yoy
    		-70.13% -34.88% -21.37% -66.53% 220.78% -196.86% 37.31% -459.88% -170.75% -239.14% -42.79% -122.06% -53.08% 3.43% 29.59% 2680.16% 46.73% -14.82% 14.64% -93.13% -19.24% 47.59% -0.65% -31.91% 31.16% -26.54% -9.12% -142.23% -27.66% 6.37% 31.55%  -216.26% 33.89%               
      qoq
    		-146.40% -11.66% 166.10% -127.39% -201.16% 6.66% 13.28% -362.46% -69.45% -251.20% -396.90% -151.59% -39.93% -37.84% 14.51% 9.71% 32.43% -22.11% 2356.73% -94.21% -23.12% 4.83% 47.14% -31.89% 40.49% -29.43% 0.84% 31.19% -21.31% -12.70% -146.85% -324.75% 15.72% 7.96%   -233.27%            
      net income margin %
    		                                                
      other comprehensive income:
    		                                                
      unrealized gain on investments
    		12,000 -6,000  -10,000 38,000 11,000 -29,000 29,000 38,000  13,000 108,000 213,000 -43,000 -222,000 -58,000 -4,000 -10,000 18,000 -9,000 -15,000 -55,000 56,000 -7,000 -11,000 34,000 3,000 -3,000 -18,000 40,000 39,000 13,750 56,000 25,000 -26,000  7,000 57,000           
      comprehensive income
    		16,834,000   -12,881,250 56,347,000 -55,653,000  9,246,000 17,592,000 57,389,000     -66,665,000                   -40,629,000   40,471,000 -30,306,000           
      net income per common share:
    		                                                
      basic
    		270   -205 900 -890  150 280 930                                       
      diluted
    		270   -205 900 -890  150 280 920                                       
      weighted-average common shares outstanding:
    		                                                
      basic
    		63,233,266,000    62,744,005,000 62,663,677,000   61,980,680,000 61,880,096,000                                       
      diluted
    		63,283,624,000    62,865,841,000 62,663,677,000   62,244,602,000 62,261,646,000                                       
      other comprehensive loss:
    		                                                
      comprehensive loss
    		 -36,257,000 -41,041,000    -52,219,000    -37,996,000 12,910,000 -24,600,000 -41,347,000  -58,080,000 -52,890,000 -39,945,000 -51,254,000 -2,096,000 -36,058,000 -46,940,000 -44,668,000 -30,403,000 -44,642,000 -31,733,000 -45,014,000 -44,647,000 -34,047,000 -43,204,000 -49,497,000 105,651,000 -46,987,000  -37,681,000              
      basic and diluted net income per common share
    		 -570 -650    -840    -610 210 -400 -670 -1,080 -950 -860 -660 -900 20 -660 -940 -910 -620 -910 -650 -990 -1,060 -810 -1,030 -1,340 2,960 -1,280  -1,080          -440 -0.12   
      basic and diluted weighted-average common shares outstanding
    		 63,136,057,000 62,965,415,000 62,621,185,000   62,290,538,000 61,929,198,000   61,809,817,000 61,433,124,000 61,459,831,000 61,384,943,000 61,324,163,000 59,944,717,000 61,169,754,000 60,068,315,000 57,202,846,000  54,463,412,000 50,018,462,000 49,012,663,000  48,902,766,000 48,845,234,000 45,606,651,000  42,239,327,000 42,153,813,000 36,936,560,000  36,779,305,000  34,958,228,000              
      unrealized loss on investments
    		  -5,000       -80,000                                       
      gain on royalty monetization arrangement
    		        50,000,000 100,930,000                                       
      royalty revenue
    		     98,000 160,000  10,000  422,000                                      
      interest expense
    		         -774,000 -656,000                                      
      other income
    		           819,000 142,000 504,000 195,000 214,000 101,000 344,000 21,000 83,000 92,000 425,000 721,000 8,259,000 -6,687,000 21,202,000 2,600,000 -2,966,000 975,000 1,070,000 674,000 758,000 681,000 525,000 553,000  370,000 270,000 130,000 1,000 -86,000 -3,000 1,000  1,000 409 467 -553,612 
      revenue from collaborative and other agreements
    		              7,093,000 8,956,000 11,986,000 27,168,000 15,184,000 51,746,000 17,415,000 15,636,000 12,967,000 24,556,000 17,984,000 9,987,000  10,917,500 20,617,000 18,552,000                   
      product revenue
    		              3,580,000 4,668,000 3,591,000 3,203,000 887,000                              
      revenue from government agreements
    		              428,000 523,000 85,000 386,000 810,000 945,000 838,000 4,621,000 715,000 636,000 757,000 606,000 165,000 820,000 181,000 282,000 194,000 278,000 587,000 585,000 777,000   953,000           
      general and administrative
    		                   12,561,000 9,732,000 10,216,000 10,233,000 11,890,000 11,833,000 12,122,000 10,219,000 10,547,000 9,584,000 11,134,000 9,235,000 8,404,000 8,403,000 8,384,000 7,462,000  7,239,000 6,133,000 6,715,000 6,021,000 5,346,000 4,683,000 4,845,000 3,678,000 4,145,000 3,258,587 3,763,785 1,986,555 
      revenue from collaborative agreements
    		                          9,497,000    4,501,000 152,081,000 1,076,000 1,081,000 1,278,000   1,893,000           
      basic net income per common share
    		                                 -1,140   1,170 -880 67.5 -460 -710 1,530 -177.5 -140   -0.04 0.14 
      diluted net income per common share
    		                                 -1,140   1,120 -880 62.5 -460 -710 1,420 -177.5 -140   -0.04 0.01 
      basic weighted-average common shares outstanding
    		                                 35,784,804,000   34,616,197,000 34,503,845,000  33,339,163,000 30,059,329,000 29,415,768,000  27,751,437,000     
      diluted weighted-average common shares outstanding
    		                                 35,784,804,000   36,017,411,000 34,503,845,000  33,339,163,000 30,059,329,000 31,684,174,000  27,751,437,000     
      revenue from collaborative research
    		                                    78,497,000  22,861,000 14,681,000 5,598,000 71,165,000 5,378,000 18,283,000 9,202,000 14,400,679 14,737,129 20,111,173 
      grant revenue
    		                                    2,176,000  308,000  1,118,000 114,000 98,000 99,000 18,000 317,918 169,307 120,895 
      net comprehensive income
    		                                      2,077,750 -15,442,000 -21,376,000 45,129,000 -19,018,000 -3,928,000  -3,108,335 -3,204,984 6,603,982 
      net comprehensive loss
    		                                            -12,259,000    
      weighted-average common shares outstanding, basic and diluted
    		                                            27,651,297,000 26,262,356   
      basic weighted-average number of common shares
    		                                              6,847,697 1,184,507 
      diluted weighted-average number of common shares
    		                                              6,847,697 21,242,978 
    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.