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 2020-09-30 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 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2011-09-30 2011-06-30 2011-03-31 2010-09-30 2010-06-30 2010-03-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 2006-12-31 2006-09-30 2006-06-30 2006-03-31 2005-12-31 2005-09-30 2005-06-30 2005-03-31 2004-12-31 2004-09-30 2004-06-30 2004-03-31 2003-12-31 2003-09-30 2003-06-30 2003-03-31 2002-12-31 2002-09-30 2002-06-30 2002-03-31 2001-12-31 2001-09-30 2000-12-31 
      
    		                                                                                      
      assets
    		                                                                                      
      current assets:
    		                                                                                      
      cash and cash equivalents
    		268,023,000 253,744,000 263,338,000 530,230,000 573,630,000 680,162,000 480,586,000 568,505,000 651,104,000 505,912,000 624,950,000 1,336,883,000 1,280,581,000 1,375,587,000 1,570,954,000 1,515,116,000 1,936,998,000 2,074,880,000 1,995,482,000 334,171,000 424,395,000 179,881,000 78,823,000 71,167,000 71,995,000 97,711,000 70,154,000 56,496,000 88,475,000 113,402,000 106,307,000 104,245,000 75,793,000 95,847,000 144,353,000 119,948,000 89,395,000 132,225,000 93,108,000 138,144,000 167,384,000 215,050,000 34,473,000 103,857,000 109,921,000 119,471,000 14,318,000 13,092,000 8,358,000 16,215,000 9,446,000 14,575,000 29,984,000 25,216,000 19,629,000 26,938,000 36,794,000 23,513,000 14,702,000 4,350,000 15,816,000 7,337,000 7,782,000 7,161,000 21,294,000 78,601,000 83,941,000 31,893,000 6,944,000 4,442,000 9,202,000 17,876,000 27,503,000 15,623,000  27,633,000 6,045,000 9,625,000 14,320,000 3,005,000 7,630,000 15,927,000 10,885,000  23,296,000  
      marketable securities
    		494,871,000 358,560,000 468,141,000 392,888,000 335,901,000 369,432,000             2,250,000 169,860,000 77,902,000 57,474,000    2,484,000 21,980,000 70,612,000 78,636,000 30,358,000 50,996,000 68,321,000 111,515,000 115,331,000 91,126,000 180,335,000 276,967,000 301,642,000 137,548,000 152,042,000 147,554,000 112,685,000                                             
      restricted cash
    		10,816,000 10,749,000 10,681,000 10,626,000 10,547,000 10,486,000 10,455,000 10,424,000 10,393,000 10,361,000 10,330,000 10,303,000 10,785,000 10,274,000 11,492,000 11,490,000 8,175,000 46,398,000 32,128,000 67,154,000 106,768,000 6,900,000 2,947,000 4,355,000 5,030,000 6,628,000 10,847,000 17,586,000 10,132,000 19,548,000 28,234,000 32,422,000 30,188,000 27,319,000 30,314,000 31,521,000 33,312,000 29,619,000 34,964,000     203,000 336,000 1,417,000                                         
      accounts receivable
    		34,174,000 226,396,000 44,510,000 108,285,000 94,962,000 32,105,000 21,380,000 297,240,000 123,657,000 394,890,000 112,849,000 82,375,000 111,645,000 194,533,000 478,156,000 454,993,000 75,283,000 49,989,000 56,898,000 12,355,000   7,500,000            233,000 591,000 363,000 406,000       4,466,000                                2,860,000 1,872,000   1,514,000 3,273,000 3,902,000  3,012,000  
      inventory
    		13,511,000 10,240,000 10,263,000 8,749,000 8,638,000 9,172,000 15,778,000 41,696,000 69,592,000 23,488,000 34,185,000 36,683,000 82,432,000 256,301,000 106,648,000                                         42,000 55,000 47,000 43,000 25,000 498,000 444,000 735,000 600,000 900,000 757,000 780,000 800,000 1,651,000 1,400,000 2,372,000 3,464,000 2,278,000 747,000 872,000 855,000 731,000 801,000 630,000 633,000 930,000 655,000 906,000  659,000  
      prepaid expenses and other current assets
    		45,532,000 59,823,000 71,095,000 78,164,000 80,002,000 102,013,000 198,921,000 226,023,000 152,018,000 192,903,000 188,714,000 237,147,000 274,522,000 299,307,000 180,155,000 173,520,000 119,047,000 162,351,000 114,731,000 83,851,000 27,316,000 10,977,000 7,977,000 13,500,000 11,630,000 16,571,000 16,295,000 15,847,000 17,092,000 17,726,000 17,774,000 21,007,000 19,187,000 19,952,000 21,804,000 21,510,000 19,944,000 20,703,000 19,317,000 15,582,000 13,201,000 11,489,000      2,243,000 1,702,000 348,000 452,000 698,000 387,000 806,000 994,000 732,000 529,000 1,339,000 1,039,000 1,304,000 958,000 1,033,000 1,796,000 1,873,000 930,000 1,306,000 1,128,000 1,347,000 962,000 1,329,000 1,373,000 1,770,000 899,000 2,908,000 1,545,000 1,614,000 611,000 539,000 538,000 722,000 1,915,000 1,907,000 1,659,000  804,000  
      assets held for sale
    		107,663,000                        21,563,000                                899,000 899,000 899,000 899,000                           
      total current assets
    		974,590,000 919,512,000 868,028,000 1,128,942,000 1,103,680,000 1,203,370,000 727,120,000 1,143,888,000 1,006,764,000 1,127,554,000 971,028,000 1,703,391,000 1,759,965,000 2,136,002,000 2,347,405,000 2,155,119,000 2,174,181,000 2,354,992,000 2,246,784,000 671,217,000 636,381,000 255,232,000 97,247,000 89,022,000 110,218,000 123,394,000 119,276,000 160,541,000 194,335,000 181,034,000 203,311,000 225,995,000 236,683,000 258,449,000 287,830,000 353,905,000 419,981,000 484,595,000 287,257,000 310,102,000 332,979,000 350,094,000 191,979,000 166,602,000 128,873,000 145,001,000 26,253,000 28,416,000 28,976,000 37,810,000 27,594,000 33,817,000 34,935,000 32,041,000 26,642,000 35,096,000 46,681,000 38,309,000 43,036,000 49,016,000 55,317,000 63,480,000 71,066,000 77,342,000 80,100,000 84,489,000 89,450,000 37,611,000 10,704,000 8,304,000 13,573,000 23,937,000 32,460,000 22,577,000 26,620,000 32,062,000           
      property and equipment
    		49,120,000 129,643,000 133,538,000 138,413,000 285,724,000 288,559,000 291,093,000 305,771,000 300,982,000 299,955,000 307,414,000 294,247,000 255,532,000 254,526,000 247,213,000 228,696,000 214,751,000 213,186,000 192,044,000 131,834,000 115,375,000 10,795,000 11,445,000 12,244,000 12,987,000 26,972,000 28,426,000 29,343,000 30,829,000 32,422,000 35,987,000 37,299,000 38,531,000 39,439,000 40,184,000 40,955,000 39,668,000 36,558,000 32,342,000 29,421,000 26,134,000 23,967,000 17,492,000 15,124,000 14,270,000 14,251,000 7,531,000 7,629,000 7,859,000 8,203,000 8,050,000 8,259,000 7,644,000 7,879,000 8,019,000 8,228,000 8,365,000 7,940,000 7,874,000 5,721,000 9,381,000 9,555,000 9,710,000 9,861,000 10,237,000 10,761,000 11,103,000 11,589,000 12,116,000 12,759,000 13,447,000 14,147,000 14,568,000 15,117,000 15,347,000 15,244,000 14,275,000 13,840,000 13,858,000 13,655,000 12,968,000 10,852,000 7,939,000  2,513,000  
      right of use asset
    		23,873,000 153,044,000 157,495,000 161,585,000 165,766,000 169,507,000 181,175,000 185,218,000 190,741,000 95,739,000 103,923,000 106,241,000 108,543,000 85,770,000 86,352,000                                                                        
      goodwill
    		113,080,000 112,958,000 112,027,000 107,478,000 126,766,000 123,377,000 123,179,000 127,454,000 123,780,000 128,366,000 129,827,000 126,331,000 117,535,000 123,467,000 130,756,000 131,479,000 131,989,000 134,294,000 130,879,000 126,932,000 118,849,000 49,988,000 51,154,000 50,305,000 51,280,000 51,245,000 51,967,000 52,072,000 51,983,000 53,286,000 53,563,000 53,746,000 52,991,000 51,941,000 51,673,000 52,694,000 52,941,000 53,766,000 53,065,000 53,062,000 53,307,000 52,664,000 56,174,000 57,906,000 58,621,000 59,519,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000 33,141,000       
      other non-current assets
    		19,226,000 21,392,000 21,904,000 24,000,000 30,547,000 33,833,000 30,967,000 35,159,000 34,890,000 33,434,000 30,507,000 28,469,000 17,406,000 19,195,000 18,614,000 56,689,000 38,340,000 40,373,000 31,929,000 8,294,000 55,961,000 6,590,000 7,120,000 7,362,000 7,736,000 11,734,000 810,000 814,000 811,000 859,000 869,000 876,000 847,000 809,000 799,000 410,000 410,000 137,000 1,044,000 1,044,000 918,000 918,000 159,000 159,000 159,000 159,000 160,000 160,000 160,000 160,000 160,000 160,000 160,000 160,000 160,000 160,000 175,000 208,000 771,000 880,000 988,000 951,000 528,000 555,000 892,000 1,141,000  931,000    1,720,000               
      total assets
    		1,179,889,000 1,336,549,000 1,292,992,000 1,560,418,000 1,712,483,000 1,818,646,000 1,353,534,000 1,797,490,000 1,657,157,000 1,685,048,000 1,542,699,000 2,258,679,000 2,267,437,000 2,622,993,000 2,834,875,000 2,576,753,000 2,565,941,000 2,749,587,000 2,608,366,000 944,020,000 932,227,000 328,068,000 172,957,000 164,810,000 189,389,000 221,319,000 207,978,000 250,478,000 285,807,000 276,067,000 302,493,000 334,077,000 355,706,000 361,504,000 394,301,000 459,626,000 525,004,000 592,507,000 386,038,000 404,634,000 424,698,000 438,841,000 292,514,000 311,991,000 218,599,000 235,937,000 67,085,000 69,346,000 70,136,000 79,314,000 68,945,000 75,377,000 75,880,000 73,221,000 67,962,000 76,625,000 89,519,000 80,777,000 86,221,000 91,291,000 99,706,000 108,039,000 115,390,000 121,877,000 125,381,000 130,576,000 135,432,000 84,382,000 60,546,000 60,298,000 66,578,000 77,993,000 87,600,000 74,617,000 78,800,000 84,159,000           
      liabilities and stockholders’ deficit
    		                                                                                      
      current liabilities:
    		                                                                                      
      accounts payable
    		15,227,000 50,595,000 34,162,000 41,579,000 57,517,000 79,962,000 57,724,000 132,610,000 101,914,000 87,246,000 124,801,000 216,517,000 144,997,000 386,488,000 135,128,000 127,050,000 59,564,000 73,995,000 113,605,000 15,097,000 9,242,000 2,518,000 2,910,000 4,210,000 4,303,000 6,150,000 9,301,000 6,790,000 6,686,000 5,770,000 5,613,000 5,242,000 8,021,000 3,790,000 5,685,000 16,231,000 15,991,000 11,237,000 11,889,000 8,201,000 7,117,000 9,742,000 2,975,000 4,495,000 4,018,000 5,985,000 2,395,000 2,961,000 3,362,000 3,350,000 3,433,000 5,474,000 1,544,000 1,460,000 1,024,000 1,750,000 1,967,000 729,000 2,186,000 1,490,000 2,359,000 2,479,000 1,764,000 1,530,000 884,000 780,000 811,000 1,426,000 753,000 1,230,000 1,518,000 3,242,000 4,114,000 4,058,000 2,364,000 2,342,000 2,201,000 1,694,000 1,599,000 2,534,000 2,584,000 4,318,000 1,826,000  1,483,000  
      accrued expenses
    		115,586,000 86,697,000 132,165,000 211,165,000 218,674,000 159,221,000 257,365,000 394,668,000 311,201,000 458,397,000 518,706,000 591,158,000 551,069,000 585,646,000 559,876,000 673,731,000 323,867,000 249,178,000 148,611,000 78,812,000 38,690,000 10,004,000 14,867,000 11,553,000 13,907,000 13,881,000 19,550,000 20,963,000 22,042,000 19,225,000 29,610,000 28,150,000 22,305,000 24,650,000 24,508,000 26,098,000 26,522,000 27,147,000 26,734,000 13,270,000 16,522,000 15,590,000                3,690,000 2,239,000  2,470,000 2,516,000 2,612,000  2,500,000 2,813,000 2,084,000 2,597,000 3,488,000 3,747,000 3,680,000 4,140,000 3,374,000 3,368,000 1,381,000 1,179,000 2,572,000 2,021,000 2,576,000 2,844,000 3,822,000 3,031,000 4,972,000  2,662,000  
      deferred revenue
    		104,251,000 113,763,000 108,334,000 675,067,000 613,418,000 666,390,000 240,900,000 241,310,000 192,187,000 300,473,000 415,764,000 370,137,000 404,776,000 701,518,000 1,094,232,000 1,422,944,000 1,262,360,000 1,220,073,000 822,809,000 81,814,000 158,851,000 3,113,000 1,678,000 2,590,000 4,188,000 5,943,000 10,010,000 15,365,000 7,683,000 16,377,000 25,625,000 31,464,000 30,028,000 24,679,000 30,079,000 30,157,000 32,807,000 28,907,000 34,469,000 2,500,000 2,500,000 2,500,000 3,000 25,000 57,000 271,000 2,500,000 2,500,000 2,500,000 7,000 54,000 61,000                                 2,688,000  
      current portion of finance lease liabilities
    		5,036,000 5,552,000 5,478,000 7,009,000 9,675,000 9,427,000 6,291,000 5,142,000 1,332,000 953,000 1,205,000 27,196,000 82,095,000 124,260,000 116,684,000 130,533,000 103,987,000 98,383,000 121,144,000 55,860,000                                                                   
      other current liabilities
    		138,334,000 132,531,000 142,031,000 219,596,000 281,715,000 242,811,000 242,102,000 861,408,000 861,956,000 749,186,000 858,382,000 930,055,000 160,499,000 34,158,000 31,271,000 36,061,000 3,637,000 9,887,000 2,386,000 5,604,000 1,470,000 1,316,000 1,262,000 1,191,000 1,140,000 3,491,000 1,600,000 1,566,000 1,530,000 1,501,000 7,749,000 1,390,000 1,359,000 1,348,000 1,056,000 55,000 73,000 72,000 1,598,000 1,697,000 1,695,000 1,704,000                                             
      liabilities held for sale
    		51,435,000                        12,872,000                                                              
      total current liabilities
    		429,869,000 389,138,000 422,170,000 1,154,416,000 1,180,999,000 1,157,811,000 804,382,000 1,635,138,000 1,468,590,000 1,596,255,000 1,918,858,000 2,459,944,000 1,667,961,000 2,156,239,000 2,261,005,000 2,390,319,000 1,753,415,000 1,651,516,000 1,208,555,000 239,218,000 213,331,000 18,982,000 25,795,000 21,575,000 41,488,000 31,496,000 45,539,000 46,715,000 43,019,000 44,904,000 73,675,000 68,277,000 66,791,000 56,498,000 66,406,000 75,684,000 81,878,000 71,051,000 76,494,000 24,873,000 27,053,000 28,776,000 18,635,000 17,479,000 13,715,000 18,934,000 6,741,000 8,995,000 11,126,000 9,528,000 8,523,000 9,233,000 5,647,000 10,192,000 26,832,000 27,717,000 30,185,000 9,029,000 8,325,000 6,206,000 5,617,000 5,645,000 5,674,000 5,339,000 3,616,000 4,033,000 3,543,000 4,876,000 4,708,000 5,631,000 6,130,000 8,576,000 7,845,000 8,111,000 4,777,000 4,836,000           
      convertible notes payable
    		243,835,000 170,568,000 170,126,000 169,684,000 169,265,000 168,848,000 168,432,000     324,881,000 324,525,000 324,169,000 323,814,000 323,458,000 323,102,000 322,746,000 322,390,000 321,679,000 321,323,000 320,967,000 320,611,000 320,255,000 319,899,000 319,543,000 319,187,000 318,830,000 318,475,000 318,119,000 317,763,000 317,407,000 317,051,000 316,695,000 316,339,000 315,983,000 315,627,000 315,271,000                                                 
      non-current finance lease liabilities
    		2,269,000 52,370,000 53,055,000 53,726,000 54,368,000 54,970,000 54,609,000 55,923,000 53,158,000 30,744,000 30,993,000 31,238,000 31,474,000     9,193,000 16,696,000 63,099,000                                                                   
      other non-current liabilities
    		263,483,000 287,585,000 313,727,000 359,614,000 318,917,000 335,292,000 351,722,000 33,130,000 37,296,000 38,383,000 47,511,000 55,695,000 98,569,000 69,075,000 66,798,000 42,121,000 28,088,000 20,570,000 21,598,000 11,262,000 10,725,000 9,590,000 10,068,000 10,318,000 10,752,000 17,464,000 8,687,000 9,112,000 9,520,000 9,913,000 10,287,000 16,434,000 15,449,000 14,910,000 14,602,000 3,434,000 3,330,000 3,248,000 3,170,000 3,094,000 73,000 91,000 1,399,000 1,507,000 1,562,000 1,568,000                                         
      total liabilities
    		1,336,561,000 1,298,924,000 1,368,635,000 2,184,259,000 2,238,919,000 2,250,352,000 2,220,618,000 2,514,417,000 2,335,507,000 2,439,567,000 2,438,281,000 2,892,757,000 2,833,422,000 3,039,943,000 2,769,551,000 2,928,426,000 2,104,605,000 2,004,025,000 1,569,239,000 637,758,000 547,879,000 352,039,000 358,974,000 354,648,000 374,882,000 371,902,000 375,913,000 377,157,000 373,514,000 375,436,000 404,225,000 408,228,000 414,768,000 390,603,000 399,847,000 409,842,000 414,887,000 407,074,000 93,369,000 37,618,000 37,095,000 39,135,000 30,864,000 30,260,000 27,539,000 32,703,000 12,488,000 13,075,000 16,607,000 12,321,000 11,422,000 12,238,000 8,863,000 13,500,000 30,168,000 31,136,000 33,387,000 33,556,000 30,426,000 28,226,000 27,823,000 27,780,000 28,278,000 27,876,000 26,242,000                      
      commitments and contingencies
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized at september 30, 2025 and december 31, 2024; no shares issued and outstanding at september 30, 2025 and december 31, 2024
    		                                                                                      
      stockholders' deficit:
    		                                                                                      
      common stock
    		1,648,000 1,645,000 1,642,000 1,619,000 1,616,000 1,613,000 1,417,000 1,405,000 1,196,000 952,000 871,000 868,000 792,000 788,000 787,000 764,000 760,000 747,000 745,000 633,000 612,000 539,000 324,000 256,000 235,000 4,699,000 3,849,000 3,832,000 3,821,000 3,472,000 3,237,000 3,106,000 2,904,000 2,831,000 2,717,000 2,717,000 2,714,000 2,712,000 2,704,000 2,703,000 2,691,000 2,684,000 2,389,000 2,386,000 2,097,000 2,091,000 1,154,000 1,151,000 1,120,000 1,111,000 1,023,000 1,008,000 938,000 892,000 693,000 692,000 692,000 624,000 624,000 624,000 624,000 624,000 623,000 622,000 618,000 618,000 617,000 503,000 441,000 398,000 398,000 398,000 398,000 351,000 350,000 349,000           
      additional paid-in capital
    		4,531,763,000 4,522,193,000 4,512,849,000 4,501,403,000 4,490,630,000 4,477,748,000 4,204,775,000 4,192,164,000 4,066,585,000 3,855,916,000 3,767,733,000 3,737,979,000 3,640,597,000 3,604,614,000 3,566,292,000 3,351,967,000 3,310,513,000 3,237,085,000 3,180,114,000 1,848,644,000 1,699,072,000 1,450,279,000 1,260,551,000 1,226,314,000 1,210,941,000 1,201,853,000 1,140,964,000 1,132,738,000 1,127,298,000 1,069,391,000 1,020,457,000 997,014,000 968,996,000 956,299,000 935,997,000 932,208,000 925,629,000 920,001,000 951,569,000 947,055,000 934,176,000 926,691,000 727,369,000 724,908,000 615,279,000 612,900,000 380,931,000 380,970,000 373,277,000 374,384,000 354,776,000 350,957,000 329,646,000 315,037,000 285,248,000 284,595,000 284,158,000 265,901,000 265,103,000 264,618,000 264,219,000 263,629,000 262,289,000 261,822,000 260,816,000 260,400,000 259,713,000 195,361,000 171,403,000 167,511,000 167,496,000 167,496,000 167,468,000 144,655,000 144,351,000 144,288,000 120,457,000 120,389,000 118,938,000 102,361,000 102,217,000 102,217,000 100,209,000  97,086,000  
      accumulated deficit
    		-4,585,675,000 -4,383,296,000 -4,489,804,000 -5,008,450,000 -4,927,420,000 -4,806,120,000 -4,968,501,000 -4,820,951,000 -4,642,562,000 -4,511,786,000 -4,569,794,000 -4,275,889,000 -4,093,640,000 -3,925,027,000 -3,414,542,000 -3,617,950,000 -2,771,666,000 -2,449,235,000 -2,096,918,000 -1,696,635,000 -1,499,325,000 -1,457,665,000 -1,431,801,000 -1,399,971,000 -1,381,928,000 -1,342,325,000 -1,299,107,000 -1,249,773,000 -1,205,203,000 -1,160,711,000 -1,114,359,000 -1,063,517,000 -1,018,909,000 -974,444,000 -929,996,000 -872,887,000 -806,633,000 -727,282,000 -650,030,000 -571,224,000 -538,104,000 -517,463,000 -461,547,000 -441,820,000 -423,956,000 -410,146,000 -325,951,000 -322,738,000 -317,745,000 -305,344,000 -294,988,000 -285,562,000 -260,195,000 -252,665,000 -244,125,000 -235,776,000 -224,696,000 -216,854,000 -207,482,000 -199,727,000 -190,510,000 -181,544,000 -173,350,000 -164,962,000 -158,814,000 -153,800,000 -147,389,000 -141,894,000 -148,049,000 -145,322,000 -139,606,000 -130,720,000 -120,431,000 -117,775,000 -110,058,000 -104,800,000 -101,717,000 -98,357,000 -93,328,000 -87,527,000 -82,382,000 -75,668,000 -70,172,000  -61,637,000  
      treasury stock
    		-102,663,000 -102,459,000 -101,938,000 -95,854,000 -94,860,000 -94,439,000 -93,950,000 -92,267,000 -91,706,000 -91,424,000 -91,226,000 -90,659,000 -89,940,000 -86,455,000 -85,901,000 -85,101,000 -79,132,000 -47,205,000 -44,457,000 -41,207,000 -2,638,000 -2,638,000 -2,583,000 -2,583,000 -2,451,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,450,000 -2,449,000 -2,356,000 -2,356,000 -2,413,000 -2,413,000 -2,413,000 -2,413,000 -2,413,000 -2,413,000 -2,413,000 -2,413,000 -2,413,000           
      accumulated other comprehensive loss
    		-1,745,000        -11,863,000 -8,177,000 -3,166,000 -6,377,000 -23,794,000 -10,870,000 -1,312,000     -4,995,000 -13,195,000 -14,486,000 -12,508,000 -13,854,000 -12,290,000 -12,360,000 -11,191,000 -11,026,000 -11,173,000 -9,071,000 -8,617,000 -8,304,000 -9,603,000 -11,335,000 -11,814,000 -9,804,000 -9,143,000 -7,548,000 -9,124,000 -9,068,000 -8,710,000 -9,756,000                                             
      total stockholders’ deficit
    		-156,672,000  -75,643,000 -623,841,000 -526,436,000 -431,706,000 -867,084,000 -716,927,000 -678,350,000 -754,519,000 -895,582,000  -565,985,000 -416,950,000        -23,971,000 -186,017,000 -189,838,000 -185,493,000 -150,583,000 -167,935,000 -126,679,000 -87,707,000 -99,369,000 -101,732,000 -74,151,000 -59,062,000 -29,099,000                                                     
      total liabilities and stockholders’ deficit
    		1,179,889,000  1,292,992,000 1,560,418,000 1,712,483,000 1,818,646,000 1,353,534,000 1,797,490,000 1,657,157,000 1,685,048,000 1,542,699,000  2,267,437,000 2,622,993,000        328,068,000 172,957,000 164,810,000 189,389,000 221,319,000 207,978,000 250,478,000 285,807,000 276,067,000 302,493,000 334,077,000 355,706,000 361,504,000                                                     
      liabilities and stockholders’ equity
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized at june 30, 2025 and december 31, 2024; no shares issued and outstanding at june 30, 2025 and december 31, 2024
    		                                                                                      
      stockholders' equity
    		                                                                                      
      accumulated other comprehensive income
    		 -458,000 1,608,000 -22,559,000 3,598,000 -10,508,000 -10,825,000 2,722,000        -1,353,000 861,000 4,170,000 -357,000                        -4,111,000 -1,293,000 90,000 839,000 913,000 910,000 899,000 864,000 734,000 758,000 650,000 479,000                                 
      total stockholders’ equity
    		 37,625,000          -634,078,000   65,324,000 -351,673,000 461,336,000 745,562,000 1,039,127,000 106,440,000               -5,546,000 49,784,000 110,117,000 185,433,000 292,669,000 367,016,000 387,603,000 399,706,000 261,650,000 281,731,000 191,060,000 203,234,000 54,597,000 56,271,000 53,529,000 66,993,000 57,523,000 63,139,000 67,017,000 59,721,000 37,794,000 45,489,000 56,132,000 47,221,000 55,795,000 63,065,000 71,883,000 80,259,000 87,112,000 94,001,000 99,139,000 103,830,000 109,105,000 49,652,000 19,902,000 18,694,000 24,395,000 33,281,000 43,542,000 23,338,000 30,750,000 35,944,000       23,029,000  29,997,000  
      total liabilities and stockholders’ equity
    		 1,336,549,000          2,258,679,000   2,834,875,000 2,576,753,000 2,565,941,000 2,749,587,000 2,608,366,000 944,020,000               394,301,000 459,626,000 525,004,000 592,507,000 386,038,000 404,634,000 424,698,000 438,841,000 292,514,000 311,991,000 218,599,000 235,937,000 67,085,000 69,346,000 70,136,000 79,314,000 68,945,000 75,377,000 75,880,000 73,221,000 67,962,000 76,625,000 89,519,000 80,777,000 86,221,000 91,291,000 99,706,000 108,039,000 115,390,000 121,877,000 125,381,000 130,576,000 135,432,000 84,382,000 60,546,000 60,298,000 66,578,000 77,993,000 87,600,000 74,617,000 78,800,000 84,159,000       62,890,000  68,830,000  
      preferred stock, 0.01 par value, 2,000,000 shares authorized at march 31, 2025 and december 31, 2024; no shares issued and outstanding at march 31, 2025 and december 31, 2024
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized at december 31, 2024 and 2023; no shares issued and outstanding at december 31, 2024 and 2023
    		                                                                                      
      stockholders’ deficit:
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized at september 30, 2024 and december 31, 2023; no shares issued and outstanding at september 30, 2024 and december 31, 2023
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized at june 30, 2024 and december 31, 2023; no shares issued and outstanding at june 30, 2024 and december 31, 2023
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized at march 31, 2024 and december 31, 2023; no shares issued and outstanding at march 31, 2024 and december 31, 2023
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized at december 31, 2023 and 2022; no shares issued and outstanding at december 31, 2023 and 2022
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized at september 30, 2023 and december 31, 2022; no shares issued and outstanding at september 30, 2023 and december 31, 2022
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized at june 30, 2023 and december 31, 2022; no shares issued and outstanding at june 30, 2023 and december 31, 2022.
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized at march 31, 2023 and december 31, 2022; no shares issued and outstanding at march 31, 2023 and december 31, 2022.
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized at december 31, 2022 and 2021; no shares issued and outstanding at december 31, 2022 and 2021
    		                                                                                      
      stockholders’ equity
    		                                                                                      
      intangible assets
    		            8,456,000 4,033,000 4,535,000 4,770,000 5,027,000 5,281,000 5,270,000 5,332,000 5,250,000 5,052,000 5,581,000 5,469,000 5,958,000 6,114,000 6,541,000 6,754,000 6,897,000 7,575,000 7,873,000 8,138,000 9,475,000 9,161,000 9,225,000 9,958,000 10,300,000 10,962,000 10,793,000 11,005,000 11,360,000 11,198,000 13,763,000 15,090,000 15,918,000 16,250,000                  978,000                       
      preferred stock, 0.01 par value, 2,000,000 shares authorized at december 31, 2021 and 2020; no shares issued and outstanding at december 31, 2021 and 2020
    		                                                                                      
      unbilled receivable
    		                34,678,000                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized at september 30, 2021 and december 31, 2020; no shares issued and outstanding at september 30, 2021 and december 31, 2020
    		                                                                                      
      stockholders' equity:
    		                                                                                      
      unbilled services
    		                 21,374,000 45,295,000 3,826,000                                                                   
      preferred stock, 0.01 par value, 2,000,000 shares authorized at june 30, 2021 and december 31, 2020; no shares issued and outstanding at june 30, 2021 and december 31, 2020
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized at march 31, 2021 and december 31, 2020; no shares issued and outstanding at march 31, 2021 and december 31, 2020, respectively
    		                                                                                      
      ​
    		                                                                                      
      accrued interest
    		                   2,031,000 5,078,000 2,031,000 5,078,000 2,031,000 5,078,000 2,031,000 5,078,000 2,031,000 5,078,000 2,031,000 5,078,000 2,031,000 5,078,000 2,031,000 5,078,000 2,031,000 5,146,000 2,099,000                                                 
      preferred stock, 0.01 par value, 2,000,000 shares authorized; 438,885 shares of redeemable series a convertible preferred stock issued and outstanding at september 30, 2020 and no shares issued and outstanding at december 31, 2019
    		                   199,822,000                                                                   
      liabilities, preferred stock and stockholders’ equity
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; 438,885 shares of redeemable series a convertible preferred stock issued and outstanding at june 30, 2020 and no shares issued and outstanding at december 31, 2019
    		                    199,822,000                                                                  
      total stockholders' equity
    		                    184,526,000                                                                  
      total liabilities, preferred stock and stockholders' equity
    		                    932,227,000                                                                  
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of march 31, 2020 and december 31, 2019, respectively
    		                                                                                      
      revenue:
    		                                                                                      
      grant and other
    		                     3,377,000  2,507,000 3,357,000 3,982,000                                                             
      total revenue
    		                     3,377,000  2,507,000 3,357,000 3,982,000      8,352,000 6,732,000                                                      
      expenses:
    		                                                                                      
      research and development
    		                     16,895,000  18,611,000 30,417,000 35,473,000      41,862,000 39,263,000                                                      
      general and administrative
    		                     9,379,000  7,899,000 9,606,000 8,732,000      8,118,000 8,940,000                                                      
      total expenses
    		                     26,274,000  17,494,000 40,023,000 44,205,000      49,980,000 48,203,000                                                      
      income from operations
    		                     -22,897,000  -14,987,000 -36,666,000 -40,223,000      -41,628,000 -41,471,000                                                      
      other income:
    		                                                                                      
      investment income
    		                     436,000  342,000 474,000 420,000      531,000 523,000                                                      
      interest expense
    		                     -3,403,000  -3,403,000 -3,403,000 -3,403,000      -3,520,000 -3,516,000                                                      
      other income
    		                       5,000 -8,000 -12,000      10,000 -1,000                                                      
      net income
    		                     -25,864,000  -18,043,000 -39,603,000 -43,218,000      -44,607,000 -44,465,000                                                      
      basic and diluted net income per share
    		                     -580  -740 -1,690 -110      -150 -160                                                      
      basic and diluted weighted-average number of common shares outstanding
    		                     44,421,000  24,327,000 23,473,000 408,843,000      296,435,000 283,444,000                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding at december 31, 2019 and 2018
    		                                                                                      
      f-4
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of september 30, 2019 and december 31, 2018, respectively
    		                                                                                      
      gain on catalent transaction
    		                       -9,016,000                                                               
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of june 30, 2019 and december 31, 2018, respectively
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of march 31, 2019 and december 31, 2018, respectively
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding at december 31, 2018 and 2017
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of september 30, 2018 and december 31, 2017, respectively
    		                                                                                      
      1
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of june 30, 2018 and december 31, 2017, respectively
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of march 31, 2018 and december 31, 2017, respectively
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding at december 31, 2017 and 2016
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of september 30, 2017 and december 31, 2016, respectively
    		                                                                                      
      government contracts
    		                                                                                      
      research and development collaborations
    		                               8,352,000 6,732,000                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of june 30, 2017 and december 31, 2016, respectively
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of march 31, 2017 and december 31, 2016, respectively
    		                                                                                      
      notes payable
    		                                   45,000 149,000 252,000                                                 
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding at december 31, 2016 and 2015
    		                                                                                      
      deferred rent
    		                                   1,067,000 1,190,000 1,337,000 1,409,000 1,212,000 1,187,000 1,161,000 1,061,000 1,042,000 475,000 470,000 375,000 364,000 352,000 330,000 319,000 292,000 278,000 273,000 334,000 328,000 324,000 652,000 390,000 391,000 389,000 360,000 208,000 79,000 112,000 144,000 160,000 176,000 190,000 165,000 166,000 166,000 166,000 171,000 162,000 154,000           
      stockholders’ equity:
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of september 30, 2016 and december 31, 2015, respectively
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of june 30, 2016 and december 31, 2015, respectively
    		                                                                                      
      commitments and contingences
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of march 31, 2016 and december 31, 2015, respectively
    		                                                                                      
      accounts receivable – billed
    		                                      1,449,000 2,197,000 2,342,000 6,674,000 2,859,000 3,719,000                                           
      accounts receivable – unbilled
    		                                      871,000                                                
      current portion of notes payable
    		                                      395,000 493,000 532,000 579,000 795,000 822,000 852,000 877,000 40,000 60,000 80,000 80,000 80,000 80,000 281,000 234,000 385,000 650,000 182,000 333,000 482,000 1,120,000 305,000 476,000 508,000 731,000 219,000 386,000 552,000 715,000                   
      non-current portion of notes payable
    		                                       45,000 149,000 252,000 571,000 717,000 861,000 1,004,000 300,000 300,000 300,000 340,000 360,000 380,000  450,000 468,000 480,000 200,000 220,000 240,000 260,000 550,000 627,000 396,000 458,000 514,000 569,000 624,000 678,000                   
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding at december 31, 2015 and 2014
    		                                                                                      
      account receivable – unbilled
    		                                       2,137,000 2,498,000 4,196,000 4,233,000 4,839,000                                           
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of september 30, 2015 and december 31, 2014, respectively
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of june 30, 2015 and december 31, 2014, respectively
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of march 31, 2015 and december 31, 2014, respectively
    		                                                                                      
      short-term investments available-for-sale
    		                                          143,617,000 48,599,000 2,907,000 13,597,000 5,286,000 9,229,000 15,565,000 20,648,000 17,340,000 18,313,000                                   
      prepaid expenses
    		                                          6,395,000 5,116,000 4,626,000 3,044,000 2,392,000                                        
      other current assets
    		                                          402,000 269,000 504,000 573,000 392,000                                        
      investments available-for-sale
    		                                          12,189,000 56,352,000                                           
      accrued expenses and other current liabilities
    		                                          13,712,000 10,998,000 8,208,000 11,223,000 3,931,000 3,110,000 4,832,000 5,761,000 4,637,000 3,326,000 3,544,000 3,229,000 3,208,000 2,969,000    2,980,000    3,078,000                       
      current portion of capital leases
    		                                          89,000 97,000 105,000 108,000                                         
      non-current portion of capital leases
    		                                          150,000 172,000 191,000 195,000                                         
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of september 30, 2014 and december 31, 2013, respectively
    		                                                                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of june 30, 2014 and december 31, 2013, respectively
    		                                                                                      
      unbilled receivables
    		                                            6,113,000 4,988,000 3,848,000 2,020,000 834,000                                      
      preferred stock, 0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding
    		                                                                                      
      accounts receivables
    		                                             1,911,000 17,000 1,832,000 2,517,000                                      
      warrant liability
    		                                              869,000 1,605,000 2,909,000                                      
      notes receivable from former directors
    		                                               -1,572,000 -1,572,000 -1,572,000 -1,572,000 -1,572,000                                   
      accounts and other receivables
    		                                                 599,000 356,000 231,000                                   
      short-term investments classified as available for sale
    		                                                    4,391,000 5,978,000 5,958,000  8,450,000 8,875,000 14,625,000 9,200,000                           
      accounts and other receivables, net of allowance for doubtful accounts of 218 as of september 30, 2009 and december 31, 2008, respectively
    		                                                    173,000                                  
      current assets of discontinued operations
    		                                                       132,000 523,000 711,000 414,000 531,000                           
      convertible notes, current
    		                                                     4,996,000 21,881,000  21,676,000                              
      current liabilities of discontinued operations
    		                                                       242,000 75,000 3,625,000 2,839,000 616,000                           
      non-current liabilities
    		                                                    433,000                                  
      notes receivable from directors
    		                                                    -1,572,000 -1,572,000 -1,572,000 -1,572,000 -1,572,000       -1,031,000 -1,032,000 -1,032,000 -1,480,000 -1,480,000 -1,480,000 -1,480,000 -1,480,000 -1,480,000 -1,480,000 -1,480,000 -1,480,000 -1,480,000 -1,480,000 -1,480,000 -1,480,000 -1,480,000       
      accounts and other receivables, net of allowance for doubtful accounts of 218 as of june 30, 2009 and december 31, 2008, respectively
    		                                                     41,000                                 
      accounts and other receivables, net of allowance for doubtful accounts of 218 as of march 31, 2009 and december 31, 2008
    		                                                      61,000                                
      short-term investments available for sale
    		                                                       6,962,000                               
      short-term investments held to maturity
    		                                                                                      
      accounts and other receivables, net of allowance for doubtful accounts of 218 and 168 as of december 31, 2008 and 2007, respectively
    		                                                       290,000                               
      non-current assets of discontinued operations
    		                                                        258,000 280,000 500,000 1,634,000                           
      convertible notes, current portion net of discount
    		                                                       21,778,000                               
      convertible notes, net of discount
    		                                                           21,369,000 21,267,000                          
      short-term investments classified as held to maturity
    		                                                         3,497,000 11,566,000 32,939,000                           
      accounts and other receivables, net of allowance for doubtful accounts of 209 and 168 as of september 30, 2008 and december 31, 2007, respectively
    		                                                        330,000                              
      accrued expenses and other liabilities
    		                                                        5,961,000                              
      convertible notes, non-current
    		                                                                                      
      preferred stock, .01 par value, 2,000,000 shares authorized; no shares issued and outstanding
    		                                                                                      
      accounts and other receivables, net of allowance for doubtful accounts of 211 and 168 as of june 30, 2008 and december 31, 2007, respectively
    		                                                         327,000                             
      convertible notes
    		                                                         21,574,000 21,471,000   21,148,000 22,000,000 22,000,000 22,000,000 22,000,000 22,000,000 29,000,000 35,000,000 35,000,000 35,000,000 35,000,000 35,000,000 40,000,000 40,000,000 40,000,000 40,000,000 40,000,000 40,000,000 40,000,000 40,000,000 40,000,000   30,000,000  
      accounts and other receivables, net of allowance for doubtful accounts of 207 and 168 as of march 31, 2008 and december 31, 2007, respectively.
    		                                                          647,000                            
      bank overdraft
    		                                                          579,000  483,000 174,000 790,000                        
      accounts and other receivables, net of allowance for doubtful accounts of 168 and 117 as of december 31, 2007 and 2006, respectively
    		                                                           667,000                           
      other intangible assets
    		                                                            879,000 912,000 945,000  1,011,000 1,044,000 1,077,000 1,110,000 3,330,000 4,617,000 4,832,000 5,048,000 5,467,000 2,983,000 3,146,000 3,310,000 3,474,000 3,637,000 3,803,000 3,966,000       
      note receivable from director
    		                                                                                      
      short-term investments
    		                                                            36,444,000 53,879,000 59,847,000 66,434,000 53,851,000                      
      accounts and other receivables, net of allowance for doubtful accounts of 186 and 117 as of september 30, 2007 and december 31, 2006, respectively
    		                                                            1,601,000                          
      accounts and other receivables, net of allowance for doubtful accounts of 236 and 117 as of june 30, 2007 and december 31, 2006, respectively
    		                                                             787,000                         
      accounts and other receivables, net of allowance for doubtful accounts of 185 and 117 as of march 31, 2007 and december 31, 2006, respectively.
    		                                                              906,000                        
      accounts and other receivables, net of allowance for doubtful accounts of 117 and 429 at december 31, 2006 and 2005
    		                                                               1,274,000                       
      facility exit costs
    		                                                                13,000 54,000 96,000                    
      unearned compensation
    		                                                                   -425,000                   
      accounts and other receivables, net of allowance for doubtful accounts of 346 and 429 as of september 30, 2006 and december 31, 2005, respectively
    		                                                                3,125,000                      
      accounts and other receivables, net of allowance for doubtful accounts of 325 and 429 as of june 30, 2006 and december 31, 2005, respectively
    		                                                                 3,825,000                     
      accounts and other receivables, net of allowance for doubtful accounts of 288 and 429 as of march 31, 2006 and december 31, 2005, respectively
    		                                                                  3,601,000                    
      other non current assets
    		                                                                  661,000  1,255,000 1,477,000 1,585,000  1,964,000 799,000 546,000            
      accounts and other receivables, net of allowance for doubtful accounts of 429 and 752 as of december 31, 2005 and 2004
    		                                                                   3,571,000                   
      current portion of facility exit costs
    		                                                                   138,000                   
      non-current portion of facility exit costs
    		                                                                                      
      trade accounts receivable, net of allowance for doubtful accounts of 387 and 752 as of september 30, 2005 and december 31, 2004, respectively
    		                                                                    1,147,000                  
      current portion of capital lease obligations and other liabilities
    		                                                                    467,000 654,000 932,000 1,194,000               
      non-current portion of capital lease obligations and other liabilities
    		                                                                    746,000 808,000 887,000 970,000 1,047,000              
      trade accounts receivable, net of allowance for doubtful accounts of 765 and 752 as of june 30, 2005 and december 31, 2004, respectively
    		                                                                     1,133,000                 
      trade accounts receivable, net of allowance for doubtful accounts of 773 and 752 as of march 31, 2005 and december 31, 2004, respectively
    		                                                                      626,000                
      trade accounts receivable, net allowance for doubtful accounts of 752 and 376 for the years ended december 31, 2004 and 2003
    		                                                                       827,000               
      deferred revenue – current
    		                                                                         250,000 250,000 250,000   250,000  350,000 425,000   2,000,000  
      deferred revenue – non-current
    		                                                                         2,000,000 2,062,000 2,125,000   2,313,000    2,563,000    
      trade accounts receivable, net of allowance for doubtful accounts of 551 and 376 as of september 30, 2004 and december 31, 2003, respectively
    		                                                                        1,780,000              
      deferred revenue — current
    		                                                                            250,000 250,000  275,000   500,000    
      current portion of capital lease obligations and other liabilities.
    		                                                                        357,000              
      deferred revenue — non-current
    		                                                                            2,187,000 2,250,000  2,375,000       
      trade accounts receivable, net of allowance for doubtful accounts of 397 and 376 as of june 30, 2004 and december 31, 2003
    		                                                                         3,299,000             
      current portion of long term debt and capital lease obligations
    		                                                                         435,000 782,000 1,065,000   169,000 211,000       
      non-current portion of long term debt and capital lease obligations
    		                                                                         997,000 1,049,000            
      cash and cash equivalent
    		                                                                          21,885,000            
      trade accounts receivable, net of allowance for doubtful accounts of 382 and 376 as of march 31, 2004 and december 31, 2003
    		                                                                          2,318,000            
      trade accounts receivable, net allowance for doubtful accounts of 376 and 193 for the years ended december 31, 2003 and 2002
    		                                                                           1,960,000           
      other long term assets
    		                                                                           402,000   476,000 501,000       
      non current portion of long term debt and capital lease obligations
    		                                                                           1,100,000           
      other long-term assets
    		                                                                            426,000 453,000         
      current portion of capital lease obligations
    		                                                                            226,000          
      long-term debt, capital lease obligations and other
    		                                                                            1,296,000 1,345,000         
      current portion of long-term debt and capital lease obligations
    		                                                                             226,000         
      trade accounts receivable
    		                                                                              1,271,000 1,882,000       
      long terms debt, capital lease obligations and other
    		                                                                              1,434,000        
      long term debt, capital lease obligations and other
    		                                                                               1,193,000       
      goodwill and other intangible assets
    		                                                                                37,271,000 37,435,000 37,599,000  38,546,000  
      deferred revenue – non current
    		                                                                                2,437,000 2,500,000     
      preferred stock, .01 par value, 2,000,000 shares authorized;
    		                                                                                      
      notes receivable from shareholders
    		                                                                                -1,519,000 -1,480,000 -1,480,000    
      assets current assets:
    		                                                                                      
      liabilities and stockholders’ equity current liabilities:
    		                                                                                      
      convertible note
    		                                                                                  30,000,000    
      3.1
    		                                                                                      
      3.2
    		                                                                                      
      4.
    		                                                                                      
      ††10.1
    		                                                                                   1,995   
      ††10.2
    		                                                                                     1,995 
      ††10.3
    		                                                                                      
      ††10.4
    		                                                                                      
      ††10.5
    		                                                                                      
      ††10.6
    		                                                                                      
      *††10.7
    		                                                                                      
      *††10.8
    		                                                                                      
      10.9
    		                                                                                      
      *10.10
    		                                                                                      
      *10.11
    		                                                                                      
      *10.12
    		                                                                                      
      *10.13
    		                                                                                      
      10.14
    		                                                                                      
      10.15
    		                                                                                      
      10.16
    		                                                                                      
      10.17
    		                                                                                      
      10.18
    		                                                                                      
      10.19
    		                                                                                      
      10.20
    		                                                                                      
      10.21
    		                                                                                      
      10.22
    		                                                                                      
      10.23
    		                                                                                      
      10.24
    		                                                                                      
      3.3
    		                                                                                      
      *3.4
    		                                                                                      
      10.1
    		                                                                                      
      *††10.4
    		                                                                                      
      10.6
    		                                                                                      
      ††10.7
    		                                                                                      
      ††10.8
    		                                                                                      
      10.11
    		                                                                                      
      10.12
    		                                                                                      
      10.13
    		                                                                                      
      16.
    		                                                                                      
      *21
    		                                                                                      
      *23.1
    		                                                                                      
      *23.2
    		                                                                                      
      27
    		                                                                                      
    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.