Quarterly
Annual
| Unit: USD | 2025-09-30 | 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 | 2016-09-30 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues: | |||||||||||||||||||||||||||||||||||||||||||||||
net product revenue | 130,956,000 | 118,329,000 | 153,426,000 | 154,706,000 | 135,421,000 | 133,220,000 | 177,604,000 | 155,062,000 | 144,038,000 | 174,592,000 | 187,557,000 | 127,508,000 | 134,186,000 | 143,701,000 | 129,832,000 | 118,906,000 | 115,605,000 | 103,113,000 | 91,280,000 | 107,258,000 | 82,708,000 | 75,239,000 | 68,196,000 | 81,407,000 | 71,369,000 | 85,476,000 | 53,054,000 | 85,833,000 | 53,021,000 | 68,170,000 | 55,981,000 | 57,953,000 | 41,780,000 | 47,891,000 | 26,442,000 | 25,119,000 | 22,013,000 | 15,437,000 | 18,878,000 | 9,772,000 | 6,161,000 | 5,069,000 | |||||
collaboration and license revenue | 9,258,000 | 2,941,000 | 986,231,000 | ||||||||||||||||||||||||||||||||||||||||||||
royalty revenue | 70,793,000 | 57,605,000 | 36,439,000 | 58,162,000 | 61,365,000 | 53,183,000 | 31,154,000 | 50,999,000 | 50,173,000 | 36,853,000 | 30,831,000 | 39,876,000 | 32,924,000 | 21,825,000 | 18,896,000 | 21,295,000 | 13,127,000 | 13,563,000 | 6,655,000 | 4,090,000 | 696,000 | ||||||||||||||||||||||||||
manufacturing revenue | 301,000 | 1,360,000 | 971,000 | 2,365,000 | 2,363,000 | 1,988,000 | |||||||||||||||||||||||||||||||||||||||||
total revenues | 211,007,000 | 178,875,000 | 1,176,096,000 | 213,172,000 | 196,786,000 | 186,704,000 | 210,118,000 | 307,056,000 | 196,576,000 | 213,808,000 | 220,382,000 | 167,412,000 | 217,127,000 | 165,526,000 | 148,735,000 | 165,229,000 | 138,743,000 | 116,676,000 | 117,942,000 | 118,864,000 | 118,404,000 | 75,239,000 | 68,259,000 | 96,459,000 | 71,416,000 | 85,522,000 | 53,583,000 | 86,338,000 | 53,591,000 | 68,743,000 | 56,062,000 | 78,030,000 | 41,853,000 | 47,962,000 | 26,547,000 | 25,191,000 | 22,986,000 | 15,633,000 | 18,895,000 | 9,776,000 | 6,774,000 | 7,482,000 | 1,694,000 | 1,677,000 | 9,217,000 | ||
yoy | 7.23% | -4.19% | 459.73% | -30.58% | 0.11% | -12.68% | -4.66% | 83.41% | -9.46% | 29.17% | 48.17% | 1.32% | 56.50% | 41.87% | 26.11% | 39.01% | 17.18% | 55.07% | 72.79% | 23.23% | 65.79% | -12.02% | 27.39% | 11.72% | 33.26% | 24.41% | -4.42% | 10.65% | 28.05% | 43.33% | 111.18% | 209.75% | 82.08% | 206.80% | 40.50% | 157.68% | 239.33% | 108.94% | 1015.41% | 482.95% | -26.51% | ||||||
qoq | 17.96% | -84.79% | 451.71% | 8.33% | 5.40% | -11.14% | -31.57% | 56.20% | -8.06% | -2.98% | 31.64% | -22.90% | 31.17% | 11.29% | -9.98% | 19.09% | 18.91% | -1.07% | -0.78% | 0.39% | 57.37% | 10.23% | -29.24% | 35.07% | -16.49% | 59.61% | -37.94% | 61.11% | -22.04% | 22.62% | -28.15% | 86.44% | -12.74% | 80.67% | 5.38% | 9.59% | 47.04% | -17.26% | 93.28% | 44.32% | -9.46% | 341.68% | 1.01% | -81.81% | |||
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||
cost of product, collaboration and license sales, excluding amortization of acquired intangible assets | 15,781,000 | 11,420,000 | 12,862,000 | ||||||||||||||||||||||||||||||||||||||||||||
amortization of acquired intangible assets | 7,534,000 | 4,061,000 | 3,798,000 | 3,307,000 | 3,036,000 | 2,865,000 | 51,530,000 | 77,174,000 | 58,649,000 | 47,397,000 | 39,415,000 | 35,764,000 | 31,023,000 | 26,294,000 | 23,473,000 | 16,340,000 | 14,383,000 | 12,751,000 | 11,278,000 | 10,583,000 | 9,630,000 | 8,731,000 | 7,949,000 | 4,919,250 | 7,025,000 | 6,575,000 | |||||||||||||||||||||
research and development | 100,158,000 | 112,990,000 | 108,973,000 | 124,770,000 | 161,412,000 | 132,169,000 | 116,129,000 | 121,353,000 | 164,212,000 | 185,874,000 | 195,124,000 | 188,694,000 | 165,462,000 | 157,263,000 | 140,078,000 | 149,844,000 | 130,845,000 | 125,482,000 | 134,513,000 | 118,013,000 | 92,998,000 | 176,525,000 | 90,107,000 | 81,831,000 | 63,076,000 | 59,979,000 | 52,566,000 | 53,647,000 | 54,368,000 | 32,607,000 | 31,363,000 | 29,234,000 | 30,024,000 | 30,835,000 | 27,363,000 | 26,011,000 | 31,396,000 | 28,827,000 | 31,399,000 | 30,640,000 | 28,190,000 | 27,938,000 | 18,765,000 | 18,313,000 | 15,889,000 | 13,886,196 | 14,712,091 |
selling, general and administrative | 84,046,000 | 85,262,000 | 80,961,000 | 84,683,000 | 73,456,000 | 69,500,000 | 73,272,000 | 76,291,000 | 80,886,000 | 88,449,000 | 86,914,000 | 92,718,000 | 80,118,000 | 79,892,000 | 73,271,000 | 86,548,000 | 69,252,000 | 68,878,000 | 61,095,000 | 75,456,000 | 57,840,000 | 53,659,000 | 58,209,000 | 63,497,000 | 49,284,000 | 49,215,000 | 40,544,000 | 48,666,000 | 38,368,000 | 33,545,000 | 32,969,000 | 35,483,000 | 31,423,000 | 28,866,000 | 25,500,000 | 24,172,000 | 23,654,000 | 23,366,000 | 25,938,000 | 21,368,000 | 17,210,000 | 17,615,000 | |||||
change in the fair value of contingent consideration | -800,000 | -10,175,000 | 700,000 | 5,100,000 | -100,000 | -2,700,000 | 1,500,000 | -128,900,000 | |||||||||||||||||||||||||||||||||||||||
tangible asset impairment and losses (gains) on transactions | 472,000 | 99,000 | -2,855,000 | 1,844,000 | 1,761,000 | ||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 207,991,000 | 213,832,000 | 205,871,000 | 375,561,000 | 251,296,000 | 226,922,000 | 255,571,000 | 301,236,000 | 314,740,000 | 423,351,000 | 337,997,000 | 367,753,000 | 285,314,000 | 257,888,000 | 235,257,000 | 249,959,000 | 231,819,000 | 215,169,000 | 216,090,000 | 215,238,000 | 173,535,000 | 262,512,000 | 161,250,000 | 169,243,000 | 131,891,000 | 124,280,000 | 122,723,000 | 131,476,000 | 101,821,000 | 74,317,000 | 72,805,000 | 72,580,000 | 72,745,000 | 60,459,000 | 52,902,000 | 50,183,000 | 55,050,000 | 52,193,000 | 57,337,000 | 52,008,000 | 45,400,000 | 45,553,000 | 29,295,000 | 27,046,000 | 23,429,000 | 20,565,188 | 21,307,148 |
income from operations | 3,016,000 | -34,957,000 | 970,225,000 | -162,389,000 | -54,510,000 | -40,218,000 | -45,453,000 | 5,820,000 | -118,164,000 | -209,543,000 | -117,615,000 | -200,341,000 | -68,187,000 | -92,362,000 | -86,522,000 | -84,730,000 | -93,076,000 | -98,493,000 | -98,148,000 | -96,374,000 | -55,131,000 | -187,273,000 | -92,991,000 | -72,784,000 | -60,475,000 | -38,758,000 | -69,140,000 | -45,138,000 | -48,230,000 | -5,574,000 | -16,743,000 | 5,450,000 | -30,892,000 | -12,497,000 | -26,355,000 | -24,992,000 | -32,064,000 | ||||||||||
yoy | -105.53% | -13.08% | -2234.57% | -2890.19% | -53.87% | -80.81% | -61.35% | -102.91% | 73.29% | 126.87% | 35.94% | 136.45% | -26.74% | -6.22% | -11.85% | -12.08% | 68.83% | -47.41% | 5.55% | 32.41% | -8.84% | 383.19% | 34.50% | 61.25% | 25.39% | 595.34% | 312.95% | -928.22% | 56.12% | -55.40% | -36.47% | -121.81% | -3.66% | ||||||||||||||
qoq | -108.63% | -103.60% | -697.47% | 197.91% | 35.54% | -11.52% | -880.98% | -104.93% | -43.61% | 78.16% | -41.29% | 193.81% | -26.17% | 6.75% | 2.11% | -8.97% | -5.50% | 0.35% | 1.84% | 74.81% | -70.56% | 101.39% | 27.76% | 20.35% | 56.03% | -43.94% | 53.17% | -6.41% | 765.27% | -66.71% | -407.21% | -117.64% | 147.20% | -52.58% | 5.45% | -22.06% | |||||||||||
operating margin % | 1.43% | -19.54% | 82.50% | -76.18% | -27.70% | -21.54% | -21.63% | 1.90% | -60.11% | -98.01% | -53.37% | -119.67% | -31.40% | -55.80% | -58.17% | -51.28% | -67.09% | -84.42% | -83.22% | -81.08% | -46.56% | -248.90% | -136.23% | -75.46% | -84.68% | -45.32% | -129.03% | -52.28% | -90.00% | -8.11% | -29.87% | 6.98% | -73.81% | -26.06% | -99.28% | -99.21% | -139.49% | ||||||||||
interest expense | -32,592,000 | -30,358,000 | -34,092,000 | -41,060,000 | -41,609,000 | -43,490,000 | -40,834,000 | -44,275,000 | -28,160,000 | -29,415,000 | -27,331,000 | -24,500,000 | -20,880,000 | -21,976,000 | -23,514,000 | -22,502,000 | -21,802,000 | -22,559,000 | -19,159,000 | -24,292,000 | -21,039,000 | -5,379,000 | -5,642,000 | -5,463,000 | -2,666,000 | -2,074,000 | -2,288,000 | -3,248,000 | -3,118,000 | -2,884,000 | -3,303,000 | -3,446,000 | -3,421,000 | -3,008,000 | -2,219,000 | ||||||||||||
other income | 6,502,000 | -5,737,000 | -6,305,000 | 8,850,000 | -1,872,000 | -2,025,000 | 1,591,000 | 18,962,000 | -20,266,000 | 1,479,000 | 9,956,000 | 35,148,000 | -38,141,000 | -34,357,000 | -11,855,000 | -31,376,000 | -18,782,000 | 3,170,000 | -10,884,000 | 58,946,000 | 28,766,000 | 11,309,000 | -13,832,000 | 11,214,000 | 2,800,000 | -183,000 | -109,000 | -937,000 | 734,000 | -673,000 | 1,004,000 | 94,000 | 766,000 | -1,820,000 | -318,000 | 686,000 | -786,000 | 17,000 | |||||||||
income before income tax benefit | -23,074,000 | -71,052,000 | -94,699,000 | -97,991,000 | -85,733,000 | -157,051,000 | -166,590,000 | -237,479,000 | |||||||||||||||||||||||||||||||||||||||
income tax benefit | 38,970,000 | 6,203,000 | 28,813,000 | -8,663,000 | -13,446,000 | 1,259,000 | 33,620,000 | 38,596,000 | 18,804,000 | 17,893,000 | -226,000 | 36,000 | -12,634,000 | -22,288,000 | -10,644,000 | 344,000 | -150,000 | 93,000 | |||||||||||||||||||||||||||||
net income attributable to common stockholders | 15,896,000 | -64,849,000 | 866,562,000 | -65,886,000 | -106,654,000 | -99,179,000 | -91,576,000 | -155,792,000 | -132,970,000 | -198,883,000 | -138,959,000 | -170,889,000 | -109,315,000 | -152,087,000 | -126,726,000 | -143,265,000 | -133,624,000 | -118,370,000 | -128,642,000 | -74,354,000 | -69,692,000 | -181,427,000 | -112,687,000 | -77,677,000 | -59,997,000 | -41,789,000 | -72,113,000 | -48,330,000 | -50,969,000 | -9,520,000 | -19,263,000 | 1,270,000 | -33,738,000 | -17,475,000 | -29,057,000 | -26,796,000 | -35,167,000 | -38,914,000 | -41,233,000 | -27,282,000 | -25,104,000 | -14,098,000 | -4,416,499 | -14,586,578 | |||
yoy | -114.90% | -34.61% | -1046.28% | -57.71% | -19.79% | -50.13% | -34.10% | -8.83% | 21.64% | 30.77% | 9.65% | 19.28% | -18.19% | 28.48% | -1.49% | 92.68% | 91.74% | -34.76% | 14.16% | -4.28% | 16.16% | 334.15% | 56.26% | 60.72% | 17.71% | 338.96% | 274.36% | -3905.51% | 51.07% | -45.52% | -33.71% | -104.74% | -4.06% | -55.09% | -29.53% | 51.14% | 87.03% | ||||||||||
qoq | -124.51% | -107.48% | -1415.24% | -38.22% | 7.54% | 8.30% | -41.22% | 17.16% | -33.14% | 43.12% | -18.68% | 56.33% | -28.12% | 20.01% | -11.54% | 7.22% | 12.89% | -7.98% | 73.01% | 6.69% | -61.59% | 61.00% | 45.07% | 29.47% | 43.57% | -42.05% | 49.21% | -5.18% | 435.39% | -50.58% | -1616.77% | -103.76% | 93.06% | -39.86% | 8.44% | -23.80% | -9.63% | -5.62% | 8.68% | 78.07% | 219.21% | -69.72% | |||||
net income margin % | 7.53% | -36.25% | 73.68% | -30.91% | -54.20% | -53.12% | -43.58% | -50.74% | -67.64% | -93.02% | -63.05% | -102.08% | -50.35% | -91.88% | -85.20% | -86.71% | -96.31% | -101.45% | -109.07% | -62.55% | -58.86% | -241.13% | -165.09% | -80.53% | -84.01% | -48.86% | -134.58% | -55.98% | -95.11% | -13.85% | -34.36% | 1.63% | -80.61% | -36.44% | -109.45% | -106.37% | -152.99% | -248.92% | -218.22% | 0% | 0% | 0% | -1610.51% | -1496.96% | -152.96% | ||
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||
basic | 78,471,119,000 | 78,151,240,000 | 78,115,836,000 | 23,803,282 | 2,648,832 | ||||||||||||||||||||||||||||||||||||||||||
diluted | 87,115,369,000 | 78,151,240,000 | 86,385,922,000 | ||||||||||||||||||||||||||||||||||||||||||||
net income per share | 0.2 | -0.83 | 11.09 | -0.85 | -1.39 | -1.29 | -1.2 | -2.06 | -1.76 | -2.66 | -1.88 | -2.36 | -1.53 | -2.13 | -1.78 | -2.02 | -1.89 | -1.68 | -1.83 | -1.05 | -1.03 | -2.78 | -1.81 | -1.26 | -1.06 | -0.75 | -1.29 | -0.99 | -1.06 | -0.21 | -0.46 | 0.07 | -0.82 | -0.44 | -0.85 | -0.78 | -1.03 | -1.14 | -1.22 | -1.27 | -1.14 | -1.15 | -0.93 | -0.86 | -0.58 | -0.19 | -5.51 |
tangible asset impairment and losses on transactions | 77,000 | ||||||||||||||||||||||||||||||||||||||||||||||
income before income tax expense | 929,828,000 | -84,696,000 | -134,990,000 | -189,693,000 | -127,208,000 | -148,695,000 | -121,891,000 | -138,608,000 | -133,660,000 | -117,882,000 | -128,191,000 | -61,720,000 | -47,404,000 | -181,343,000 | -112,465,000 | -67,033,000 | -60,341,000 | -41,015,000 | -71,537,000 | -49,323,000 | -50,614,000 | -9,131,000 | -19,042,000 | 2,098,000 | -33,547,000 | -17,325,000 | -28,892,000 | -28,777,000 | -34,983,000 | ||||||||||||||||||
income tax expense | -63,266,000 | -6,880,000 | -3,969,000 | -3,392,000 | -4,835,000 | -488,000 | -451,000 | -84,000 | -222,000 | -774,000 | -576,000 | -241,000 | -355,000 | -389,000 | -221,000 | -828,000 | -191,000 | -165,000 | -51,500 | -184,000 | |||||||||||||||||||||||||||
collaboration revenue | 100,024,000 | 6,000 | 28,000 | 50,017,000 | 7,000 | 25,028,000 | 10,011,000 | 20,007,000 | 2,000 | 207,000 | 338,000 | 716,000 | 1,418,000 | 9,147,000 | 15,455,361 | 5,867,806 | |||||||||||||||||||||||||||||||
cost of product sales, excluding amortization of acquired intangible assets | 16,283,000 | 10,848,000 | 15,527,000 | 14,740,000 | 29,118,000 | 9,493,000 | 12,731,000 | 14,144,000 | 10,893,000 | 14,011,000 | 9,639,000 | 10,135,000 | 9,327,000 | 6,539,000 | 7,358,000 | 9,104,000 | 4,886,000 | 4,667,000 | 5,304,000 | 4,085,000 | 2,148,250 | 3,006,000 | 3,211,000 | ||||||||||||||||||||||||
intangible asset impairment | 217,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 76,845,055,000 | 76,925,523,000 | 76,725,070,000 | 76,496,127,000 | 74,838,392,000 | 75,377,997,000 | 74,730,433,000 | 73,729,284,000 | 71,728,634,000 | 71,654,671,000 | 71,372,940,000 | 71,215,105,000 | 70,466,393,000 | 70,585,938,000 | 70,414,632,000 | 70,188,602,000 | 66,027,908,000 | 67,641,171,000 | 65,150,780,000 | 62,389,158,000 | 58,863,185,000 | 56,463,528,000 | 55,912,748,000 | 55,855,111,000 | 46,576,313,000 | 48,096,521,000 | 46,137,833,000 | 41,626,617,000 | 39,183,073,000 | 41,296,740,000 | 39,621,738,000 | 34,305,948,000 | 34,044,584,000 | 34,088,741,000 | 34,000,333,000 | 33,919,169,000 | 33,908,853,000 | 33,600,653,000 | 33,067,752,000 | 29,351,693,000 | 29,332,227,000 | 24,492,487,000 | |||||
change in the fair value of deferred and contingent consideration | 2,400,000 | 6,300,000 | -5,300,000 | -15,200,000 | -11,700,000 | -12,100,000 | 10,800,000 | 700,000 | 100,000 | 6,300,000 | 8,400,000 | 7,680,000 | 900,000 | 12,400,000 | 9,500,000 | 5,300,000 | 21,160,000 | ||||||||||||||||||||||||||||||
settlement of deferred and contingent consideration | 10,613,000 | ||||||||||||||||||||||||||||||||||||||||||||||
collaboration and grant revenue | 8,765,750 | 35,000,000 | 63,000 | 15,052,000 | 47,000 | 46,000 | 529,000 | 505,000 | 570,000 | 573,000 | 81,000 | 20,077,000 | 73,000 | 71,000 | 105,000 | 72,000 | 973,000 | 196,000 | 17,000 | ||||||||||||||||||||||||||||
cost of product sales, excluding amortization of acquired intangible asset | 2,376,000 | 3,761,000 | 3,292,000 | 2,572,000 | 3,045,000 | 2,435,000 | 1,582,000 | ||||||||||||||||||||||||||||||||||||||||
amortization of acquired intangible asset | 6,077,000 | 6,062,000 | 5,793,000 | 5,593,000 | 5,428,000 | 5,428,000 | 9,716,000 | ||||||||||||||||||||||||||||||||||||||||
cost of product sales | 758,000 | 39,000 | |||||||||||||||||||||||||||||||||||||||||||||
interest income | -2,127,000 | -2,133,000 | 498,000 | 524,000 | 354,000 | 248,000 | 171,000 | 26,695 | |||||||||||||||||||||||||||||||||||||||
grant revenue | 2,000 | 406,000 | 2,075,000 | 897,000 | 259,000 | 70,000 | 834,212 | 986,406 | |||||||||||||||||||||||||||||||||||||||
interest (expense)/income | |||||||||||||||||||||||||||||||||||||||||||||||
net income | -43,223,000 | -38,361,000 | -37,915,000 | ||||||||||||||||||||||||||||||||||||||||||||
other (expense)/income | |||||||||||||||||||||||||||||||||||||||||||||||
net product sales | 81,000 | ||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 10,530,000 | 8,733,000 | 7,540,000 | 6,678,992 | 6,595,057 | ||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | |||||||||||||||||||||||||||||||||||||||||||||||
deemed dividend | |||||||||||||||||||||||||||||||||||||||||||||||
gain on exchange of convertible preferred stock in connection with recapitalization | |||||||||||||||||||||||||||||||||||||||||||||||
total revenues and non-cash cancellation revenue | 16,289,573 | 6,854,212 | |||||||||||||||||||||||||||||||||||||||||||||
less beneficial conversion charge | |||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||
basic | 78,471,119,000 | 78,151,240,000 | 78,115,836,000 | 23,803,282 | 2,648,832 | ||||||||||||||||||||||||||||||||||||||||||
diluted | 23,803,282 | 2,648,832 |
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.
