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 
      
    		                    
      cash flows from operating activities:
    		                    
      net income
    		-73,934,000 -71,127,000 -69,296,000 -58,679,000 -51,910,000 -32,677,000 -39,553,000 -26,878,000 -24,632,000 -34,312,000 -37,455,000 -41,173,000 -43,945,000 -60,194,000 -68,717,000 -58,582,000 -44,705,000 -36,401,000 -27,373,000 -25,706,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                    
      depreciation expense
    		19,000 46,000 47,000 47,000 92,000 107,000 112,000 111,000 109,000 106,000 106,000 105,000 102,000 119,000 93,000 93,000 39,000 27,000 23,000 20,000 
      stock-based compensation expense
    		7,447,000 7,770,000 8,786,000 8,575,000 12,432,000 5,878,000 14,475,000 5,726,000 5,763,000 5,775,000 7,593,000 6,366,000 6,730,000 7,611,000 7,886,000 6,106,000 6,521,000 5,400,000 4,666,000 3,826,000 
      non-cash operating lease expense
    		263,000 257,000 249,000 243,000 236,000 230,000 224,000 218,000 212,000 206,000 201,000 196,000 190,000 186,000 180,000 470,000 467,000 292,000 183,000 179,000 
      amortization of premiums and discounts on marketable securities
    		-705,000 -987,000 -1,229,000 -1,390,000 -2,005,000 -1,531,000 -84,000 0 0 2,000 45,000 196,000 209,000 223,000 375,000 633,000 639,000 554,000 261,000  
      non-cash collaboration and license agreement expense
    		   0 0 0 2,500,000              
      changes in operating assets and liabilities:
    		                    
      prepaid expenses and other current assets
    		-1,383,000 280,000 6,637,000 -8,789,000 1,821,000 -449,000 -808,000 -1,337,000 3,287,000 3,051,000 1,771,000 -1,779,000 1,604,000 1,783,000 -1,061,000 -6,529,000 4,280,000 -1,496,000 -2,035,000 -4,039,000 
      accounts payable
    		1,987,000 5,923,000 10,381,000 -2,482,000 7,006,000 -1,400,000 3,589,000 -1,299,000 -894,000 -8,976,000 2,314,000 4,550,000 -1,699,000 -1,448,000 2,489,000 3,236,000 323,000 1,500,000 2,208,000 416,000 
      accrued expenses
    		1,578,000 3,474,000 -8,280,000 8,105,000 5,412,000 3,201,000 -608,000 374,000 -6,338,000 3,965,000 -6,498,000 -2,034,000 -7,884,000 -5,163,000 4,616,000 9,969,000 8,587,000 371,000 -3,477,000 5,248,000 
      operating lease liabilities
    		-319,000 -311,000 -303,000 -291,000 -286,000 -278,000 -271,000 -261,000 -254,000 -250,000 -240,000 -233,000 -226,000 -326,000 -26,000 -197,000 -193,000 -188,000 -185,000 -181,000 
      deferred revenue
    		   -1,463,000 -301,000 -358,000 -431,000 -515,000 -468,000 -781,000 -683,000          
      other
    		-10,000 -1,000 -2,000   -1,000 -2,000     0 0 0 56,000 -56,000 80,000 -72,000 7,000  
      net cash from operating activities
    		-65,057,000 -54,676,000 -53,010,000 -56,122,000 -27,500,000 -27,278,000 -20,857,000 -23,861,000 -23,215,000 -31,214,000 -32,846,000 -28,806,000 -44,919,000 -57,209,000 -54,109,000 -44,857,000 -23,962,000 -30,013,000 -25,722,000 -20,228,000 
      capex
    		0 0 64,000 0 0 0 0 0 0 0 0 0 -45,000 -110,000 -289,000 -531,000 -450,000 -65,000 47,000 0 
      free cash flows
    		-65,057,000 -54,676,000 -52,946,000 -56,122,000 -27,500,000 -27,278,000 -20,857,000 -23,861,000 -23,215,000 -31,214,000 -32,846,000 -28,806,000 -44,964,000 -57,319,000 -54,398,000 -45,388,000 -24,412,000 -30,078,000 -25,675,000 -20,228,000 
      cash flows from investing activities:
    		                    
      purchases of property and equipment
    		0           0 -45,000 -110,000 -289,000 -531,000 -450,000 -65,000 -4,000  
      purchases of marketable securities
    		-75,133,000 -41,347,000 -117,057,000 -69,418,000 -11,959,000 -198,922,000 -91,220,000     0 0 0 -83,022,000 0 0 -24,164,000 -140,006,000  
      maturities of marketable securities
    		125,546,000 59,297,000 65,993,000 58,500,000 61,525,000   0 0 5,000,000 34,000,000 22,594,000 48,000,000 35,000,000 74,761,000 10,700,000     
      net cash from investing activities
    		50,413,000 17,894,000 -51,064,000 -10,918,000 49,566,000 -195,922,000 -91,220,000 -50,000 0 5,000,000 34,000,000 22,594,000   -8,550,000 10,169,000 13,550,000 -24,229,000 -140,010,000  
      cash flows from financing activities:
    		                    
      issuance of common stock from follow-on public offering and accompanying pre-funded warrants, net of underwriting discounts, commissions and offering costs
    		   0 -108,000 216,095,000 161,649,000 0 0            
      issuance of common stock from collaboration and license agreement
    		   0 0 0 14,765,000              
      proceeds from at-the-market offerings, net of issuance and commission costs
    		6,000,000 28,359,000 54,904,000 111,950,000 1,344,000 -34,000 6,337,000              
      payments of tax withholdings related to vesting of restricted stock units
    		-52,000 -23,000 -1,195,000 -157,000 -1,000 -13,000 -137,000 -5,000 -1,000 -4,000 -127,000 -7,000 -7,000 -16,000 -230,000      
      proceeds from exercise of stock options and employee stock purchase plan purchases
    		808,000    201,000 315,000 143,000  1,000            
      net cash from financing activities
    		6,756,000 28,630,000 54,269,000 113,767,000 1,436,000 216,363,000 182,757,000 4,126,000 0 69,675,000 18,070,000 5,387,000 3,365,000 504,000 1,209,000 7,713,000 212,000 99,385,000 276,000 202,064,000 
      increase in cash, cash equivalents and restricted cash
    		-7,888,000 -8,152,000 -49,805,000 46,727,000 23,502,000 -6,837,000 70,680,000 -19,785,000 -23,215,000 43,461,000 19,224,000         181,836,000 
      cash, cash equivalents and restricted cash, beginning of period
    		0 0 215,788,000 0 0 0 81,716,000 0 0 0 62,031,000 0 0 0 139,720,000 0 0 0 297,208,000 0 
      cash, cash equivalents and restricted cash, end of period
    		-7,888,000 -8,152,000 165,983,000 46,727,000 23,502,000 -6,837,000 152,396,000 -19,785,000 -23,215,000 43,461,000 81,255,000 -825,000 6,401,000 -21,815,000 78,270,000 -26,975,000 -10,200,000 45,143,000 131,752,000 181,836,000 
      reconciliation of cash, cash equivalents and restricted cash:
    		                    
      cash and cash equivalents
    		-7,888,000 -8,152,000 165,567,000 46,727,000 23,502,000 -6,837,000 151,980,000 -19,785,000 -23,215,000 43,461,000 80,839,000 -825,000 6,401,000 -21,815,000 77,854,000 -26,975,000 -10,200,000 44,727,000 131,152,000  
      restricted cash
    		0 0 416,000 0 0 0 416,000 0 0 0 416,000 0 0 0 416,000 0 0 416,000 600,000  
      total cash, cash equivalents and restricted cash
    		-7,888,000 -8,152,000 165,983,000 46,727,000 23,502,000 -6,837,000 152,396,000 -19,785,000 -23,215,000 43,461,000 81,255,000 -825,000 6,401,000 -21,815,000 78,270,000 -26,975,000 -10,200,000 45,143,000 131,752,000  
      supplemental disclosures of non-cash activities:
    		                    
      issuance costs from at-the-market offering included in accrued expenses
    		      168,000              
      purchase of property and equipment included in accrued expenses
    		 0 64,000                  
      issuance costs from at-the-market offering included in accounts payable and accrued expenses
    		                    
      offering costs from follow-on offering included in accounts payable
    		                    
      proceeds from exercise of stock options
    		  560,000        101,000          
      proceeds from exercise of options and employee stock purchase plan purchases
    		                    
      issuance costs from at-the-market offerings included in accrued expenses
    		                    
      offering costs from follow-on public offering included in accounts payable
    		       0             
      purchases of property and equipment included in accounts payable
    		                    
      proceeds from at-the-market offerings, net of issuance costs
    		       4,025,000 0 6,032,000 18,096,000 5,231,000 2,962,000 0 1,368,000      
      payment of issuance costs for at-the-market offerings
    		                    
      offering costs included in accrued expenses
    		                    
      proceeds from follow-on public offering, net of issuance costs
    		               -67,000 -96,000    
      payment of issuance costs for at-the-market offerings and initial public offering
    		           0 0 0 -262,000      
      proceeds from exercise of options and employee stock purchase plan contributions
    		           163,000 410,000        
      decrease in cash, cash equivalents and restricted cash
    		           -825,000 6,401,000 -21,815,000 -61,450,000  -10,200,000 45,143,000 -165,456,000  
      operating lease right-of-use assets obtained in exchange for operating lease liabilities
    		               0 0    
      purchases of property and equipment included in accrued expenses
    		                    
      net cash provided (used) in investing activities
    		                    
      offering costs included in accounts payable and accrued expenses
    		                    
      proceeds from exercise of options to purchase common stock
    		              333,000 479,000 308,000 809,000 851,000 61,000 
      purchases of property and equipment included in accrued expenses and accounts payable
    		                    
      proceeds from initial public offering of common stock, net of issuance costs
    		                    
      payment of issuance costs for initial public offering
    		                    
      proceeds from issuance of redeemable convertible preferred stock, net of issuance costs
    		                   0 
      repurchase of series c redeemable convertible preferred stock
    		                   0 
      purchases of property and equipment included in accounts payable and accrued expenses
    		                    
      accretion of redeemable convertible preferred stock to redemption value
    		                   950,000 
      payment of issuance costs for initial public offering and issuance of redeemable convertible preferred stock
    		                0    
      deferred offering costs included in accrued expenses
    		                    
      deferred offering costs included in accounts payable and accrued expenses
    		                   -350,000 
      payment of deferred offering costs
    		                  -575,000  
      purchases of property, plant and equipment included in accounts payable
    		                  51,000  
      redeemable convertible preferred stock issuance costs included in accounts payable
    		                    
      other non-current assets
    		                    
      operating lease liabilities recorded upon adoption of asc 842
    		                    
    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.