PTC Therapeutics, Inc(NASDAQ:PTCT)

PTC Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines for the treatment of rare disorders. The company offers Translarna (ataluren) and Emflaza (deflazacort) for the treatment of nonsense mutation Duchenne muscular dystrophy in...
Website: http://www.ptcbio.com
Founded: 1998
Full Time Employees: 754
Sector: Healthcare
Industry: Biotechnology
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| Unit: USD | 2026-03-31 | 2025-12-31 | 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 |
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revenues: | |||||||||||||||||||||||||||||||||||||||||||||||||
net product revenue | 225,573,000 | 183,992,000 | 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 | 143,000 | -73,000 | 9,258,000 | 2,941,000 | 986,231,000 | ||||||||||||||||||||||||||||||||||||||||||||
royalty revenue | 46,835,000 | 79,387,000 | 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 | ||||||||||||||||||||||||||
total revenues | 272,551,000 | 164,677,000 | 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 | -76.83% | -22.75% | 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 | 65.51% | -21.96% | 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 | 28,028,000 | 6,950,000 | 15,781,000 | 11,420,000 | 12,862,000 | ||||||||||||||||||||||||||||||||||||||||||||
amortization of acquired intangible assets | 11,581,000 | 9,349,000 | 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 | 100,873,000 | 133,128,000 | 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 | 86,183,000 | 96,874,000 | 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 on transactions | 927,000 | -10,275,000 | 472,000 | 99,000 | 77,000 | -2,855,000 | 1,844,000 | 1,761,000 | |||||||||||||||||||||||||||||||||||||||||
total operating expenses | 227,592,000 | 236,026,000 | 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 | 44,959,000 | -71,349,000 | 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 | -95.37% | -56.06% | -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 | -163.01% | -2465.68% | -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 % | 16.50% | -43.33% | 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% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | NaN% | NaN% |
interest expense | -49,030,000 | -55,188,000 | -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 | 1,609,000 | -12,546,000 | 6,502,000 | -6,305,000 | -2,025,000 | 1,591,000 | 1,479,000 | 9,956,000 | -34,357,000 | -31,376,000 | -18,782,000 | 3,170,000 | 58,946,000 | 28,766,000 | 11,309,000 | 11,214,000 | 2,800,000 | -183,000 | -109,000 | -937,000 | 734,000 | -673,000 | 1,004,000 | -343,250 | 766,000 | 17,000 | |||||||||||||||||||||||
income before income tax expense | -2,462,000 | 929,828,000 | |||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | -347,000 | -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 | ||||||||||||||||||||||||||||
net income attributable to common stockholders | -2,809,000 | -134,965,000 | 15,896,000 | -64,849,000 | 866,562,000 | -4,416,499 | -14,586,578 | ||||||||||||||||||||||||||||||||||||||||||
yoy | -100.32% | ||||||||||||||||||||||||||||||||||||||||||||||||
qoq | -97.92% | -949.05% | -124.51% | -107.48% | -69.72% | ||||||||||||||||||||||||||||||||||||||||||||
net income margin % | -1.03% | -81.96% | 7.53% | -36.25% | 73.68% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -Infinity% | -Infinity% |
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||
basic | 82,521,023,000 | 79,534,290,000 | 78,471,119,000 | 78,151,240,000 | 78,115,836,000 | 23,803,282 | 2,648,832 | ||||||||||||||||||||||||||||||||||||||||||
diluted | 82,521,023,000 | 88,311,494,000 | 87,115,369,000 | 78,151,240,000 | 86,385,922,000 | ||||||||||||||||||||||||||||||||||||||||||||
net income per share | -0.03 | -1.82 | 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 |
manufacturing revenue | 301,000 | 1,360,000 | 971,000 | 2,365,000 | 2,363,000 | 1,988,000 | |||||||||||||||||||||||||||||||||||||||||||
income before income tax benefit | -139,083,000 | -23,074,000 | -71,052,000 | ||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | 4,118,000 | 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 | ||||||||||||||||||||||||||||||
other expense | -5,737,000 | -576,500 | -1,872,000 | -2,208,000 | -20,266,000 | -21,088,750 | -38,141,000 | -11,855,000 | -10,884,000 | -13,832,000 | -1,820,000 | -318,000 | 686,000 | -786,000 | |||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||
loss before income tax benefit | -94,699,000 | -97,991,000 | -85,733,000 | -157,051,000 | -166,590,000 | -237,479,000 | |||||||||||||||||||||||||||||||||||||||||||
net loss attributable to common stockholders | -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 | ||||||||||
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 | |||||||
loss before income tax expense | -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 | |||||||||||||||||||||
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 | |||||||||||||||||||||||||||||||||||||||||
net income | -43,223,000 | -38,361,000 | -37,915,000 | ||||||||||||||||||||||||||||||||||||||||||||||
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 | 82,521,023,000 | 79,534,290,000 | 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 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 833,986,000 | 984,648,000 | 672,617,000 | 1,017,386,000 | 1,480,231,000 | 779,709,000 | 526,001,000 | 654,779,000 | 548,355,000 | 594,001,000 | 165,157,000 | 208,393,000 | 167,495,000 | 279,834,000 | 104,424,000 | 158,158,000 | 144,178,000 | 189,718,000 | 189,818,000 | 177,347,000 | 146,632,000 | 208,812,000 | 433,970,000 | 158,461,000 | 123,287,000 | 288,028,000 | 523,577,000 | 136,094,000 | 201,144,000 | 169,498,000 | 206,913,000 | 223,788,000 | 97,675,000 | 111,792,000 | 141,838,000 | 133,011,000 | 54,106,000 | 58,321,000 | 50,286,000 | 35,658,000 | 40,165,000 | 140,712,000 | 29,220,000 | 36,825,000 | 52,873,000 | 21,172,000 | 115,855,000 | 24,044,819 | 154,095,269 |
marketable securities | 1,058,477,000 | 960,723,000 | 1,015,200,000 | 971,764,000 | 546,950,000 | 359,987,000 | 487,356,000 | 438,514,000 | 336,458,000 | 282,738,000 | 129,653,000 | 129,550,000 | 118,808,000 | 130,871,000 | 184,008,000 | 347,387,000 | 443,615,000 | 583,658,000 | 678,125,000 | 769,734,000 | 841,774,000 | 894,838,000 | 707,049,000 | 340,430,000 | 472,572,000 | 398,535,000 | 185,072,000 | 227,447,000 | 206,018,000 | 58,088,000 | 42,491,000 | 72,318,000 | 80,595,000 | 79,454,000 | 27,472,000 | 48,058,000 | 148,471,000 | 173,345,000 | 198,052,000 | 237,235,000 | 258,547,000 | 230,809,000 | 225,999,000 | 243,642,000 | 156,516,000 | 205,687,000 | 130,730,000 | 133,182,565 | 11,582,786 |
trade and royalty receivables | 219,919,000 | 181,621,000 | 203,074,000 | 196,133,000 | 210,495,000 | 158,554,000 | 199,976,000 | 187,150,000 | 197,660,000 | 160,822,000 | 165,718,000 | 177,503,000 | 201,867,000 | 155,614,000 | 124,456,000 | 135,943,000 | 141,288,000 | 110,455,000 | |||||||||||||||||||||||||||||||
inventory | 75,567,000 | 79,647,000 | 52,688,000 | 34,061,000 | 21,675,000 | 23,194,000 | 35,671,000 | 31,826,000 | 30,058,000 | 30,577,000 | 35,752,000 | 32,018,000 | 26,649,000 | 21,808,000 | 14,812,000 | 15,004,000 | 15,281,000 | 15,856,000 | 15,613,000 | 16,441,000 | 16,234,000 | 18,697,000 | 19,481,000 | 18,373,000 | 19,133,000 | 19,285,000 | 17,107,000 | 16,897,000 | 16,219,000 | 16,117,000 | 13,660,000 | 13,852,000 | 12,355,000 | 10,754,000 | 7,792,000 | 6,912,000 | 1,354,000 | ||||||||||||
prepaid expenses and other current assets | 66,054,000 | 67,309,000 | 64,224,000 | 53,531,000 | 57,055,000 | 44,087,000 | 32,546,000 | 45,641,000 | 56,207,000 | 150,491,000 | 44,082,000 | 42,227,000 | 98,573,000 | 105,658,000 | 89,562,000 | 38,184,000 | 29,647,000 | 54,681,000 | 30,939,000 | 23,910,000 | 23,601,000 | 39,469,000 | 26,888,000 | 34,116,000 | 24,307,000 | 17,898,000 | 20,723,000 | 17,424,000 | 9,348,000 | 9,247,000 | 8,020,000 | 6,305,000 | 5,760,000 | 6,669,000 | 5,413,000 | 5,224,000 | 4,623,000 | 4,691,000 | 4,860,000 | 4,776,000 | 5,104,000 | 4,627,000 | 4,241,000 | 6,116,000 | 2,831,000 | 2,597,000 | 1,957,000 | 2,126,575 | 1,609,382 |
total current assets | 2,254,003,000 | 2,273,948,000 | 2,007,803,000 | 2,272,875,000 | 2,316,406,000 | 1,365,531,000 | 1,281,550,000 | 1,357,910,000 | 1,168,738,000 | 1,218,629,000 | 540,362,000 | 589,691,000 | 613,392,000 | 693,785,000 | 517,262,000 | 694,676,000 | 774,009,000 | 954,368,000 | 1,011,140,000 | 1,066,233,000 | 1,122,365,000 | 1,231,745,000 | 1,244,174,000 | 605,024,000 | 691,922,000 | 779,284,000 | 806,862,000 | 474,966,000 | 479,079,000 | 320,857,000 | 313,281,000 | 375,646,000 | 241,996,000 | 249,063,000 | 221,259,000 | 226,972,000 | 240,727,000 | 261,286,000 | 280,607,000 | 297,434,000 | 326,434,000 | 384,164,000 | 264,574,000 | 289,761,000 | 213,516,000 | 230,314,000 | 249,380,000 | 160,137,810 | 168,158,078 |
fixed assets | 52,739,000 | 55,371,000 | 56,970,000 | 57,189,000 | 59,459,000 | 60,970,000 | 63,175,000 | 65,987,000 | 92,779,000 | 87,089,000 | 85,031,000 | 82,129,000 | 79,492,000 | 72,590,000 | 66,889,000 | 64,913,000 | 59,088,000 | 52,585,000 | 46,354,000 | 42,910,000 | 37,123,000 | 33,831,000 | 28,141,000 | 26,806,000 | 26,169,000 | 21,549,000 | 18,484,000 | 15,391,000 | 14,540,000 | 12,694,000 | 8,805,000 | 8,217,000 | 8,302,000 | 8,376,000 | 6,882,000 | 6,839,000 | 7,059,000 | 7,429,000 | 7,059,000 | 7,601,000 | 8,426,000 | 8,799,000 | 9,017,000 | 9,408,000 | 6,193,000 | 6,417,000 | 6,328,000 | 6,942,956 | 7,153,532 |
intangible assets | 380,684,000 | 388,753,000 | 396,466,000 | 143,806,000 | 118,448,000 | 118,794,000 | 330,368,000 | 329,879,000 | 330,040,000 | 379,497,000 | 423,342,000 | 451,629,000 | 686,205,000 | 705,891,000 | 749,890,000 | 760,154,000 | 763,665,000 | 724,841,000 | 723,260,000 | 717,079,000 | 712,574,000 | 715,328,000 | 712,536,000 | 708,814,000 | 705,294,000 | 710,500,000 | 702,910,000 | 702,729,000 | 694,955,000 | 701,031,000 | 604,612,000 | 126,290,000 | 127,565,000 | 132,993,000 | 138,422,000 | 148,138,000 | |||||||||||||
goodwill | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 82,341,000 | 100,309,000 | ||||||||||||||||||
operating lease rou assets | 76,692,000 | 80,053,000 | 80,682,000 | 56,162,000 | 57,317,000 | 56,685,000 | 59,465,000 | 57,135,000 | 91,186,000 | 91,896,000 | 94,072,000 | 96,686,000 | 99,531,000 | 102,430,000 | 104,901,000 | 141,635,000 | 76,093,000 | 77,421,000 | 78,699,000 | 80,694,000 | 82,382,000 | 84,410,000 | 85,810,000 | ||||||||||||||||||||||||||
deposits and other assets | 22,645,000 | 18,301,000 | 19,438,000 | 21,782,000 | 21,416,000 | 20,703,000 | 25,337,000 | 23,103,000 | 24,545,000 | 36,246,000 | 34,737,000 | 35,648,000 | 47,878,000 | 48,582,000 | 55,115,000 | 60,338,000 | 44,395,000 | 46,500,000 | 65,531,000 | 69,412,000 | 75,156,000 | 60,623,000 | 28,057,000 | 53,652,000 | 39,866,000 | 30,108,000 | 30,889,000 | 16,145,000 | 12,996,000 | 2,299,000 | 1,620,000 | 1,620,000 | 1,548,000 | 1,221,000 | 1,157,000 | 1,129,000 | 859,000 | 630,000 | 511,000 | 528,000 | 372,000 | 3,137,000 | 231,000 | 351,000 | 1,086,000 | 827,000 | 132,000 | 163,349 | 156,474 |
total assets | 2,869,104,000 | 2,898,767,000 | 2,643,700,000 | 2,634,155,000 | 2,655,387,000 | 1,705,024,000 | 1,842,236,000 | 1,916,355,000 | 1,789,629,000 | 1,895,698,000 | 1,259,885,000 | 1,338,124,000 | 1,608,839,000 | 1,705,619,000 | 1,576,398,000 | 1,804,057,000 | 1,799,591,000 | 1,938,056,000 | 2,007,325,000 | 2,058,669,000 | 2,111,941,000 | 2,208,278,000 | 2,181,059,000 | 1,476,637,000 | 1,545,592,000 | 1,623,782,000 | 1,641,486,000 | 1,291,572,000 | 1,283,911,000 | 1,119,222,000 | 1,028,627,000 | 511,773,000 | 379,411,000 | 391,653,000 | 367,720,000 | 383,078,000 | 248,645,000 | 269,345,000 | 288,177,000 | 305,563,000 | 335,232,000 | 396,100,000 | 273,822,000 | 299,520,000 | 220,795,000 | 237,558,000 | 255,840,000 | 167,244,115 | 175,468,084 |
liabilities and stockholders’ deficit | |||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses | 313,050,000 | 381,272,000 | 303,141,000 | 338,945,000 | 317,807,000 | 304,292,000 | 336,346,000 | 338,800,000 | 330,924,000 | 391,983,000 | 370,731,000 | 358,562,000 | 332,091,000 | 320,366,000 | 329,322,000 | 330,918,000 | 246,521,000 | 288,784,000 | 252,329,000 | 235,921,000 | 205,636,000 | 242,168,000 | 218,561,000 | 164,376,000 | 145,386,000 | 159,276,000 | 128,150,000 | 122,375,000 | 98,450,000 | 128,199,000 | 102,788,000 | 82,534,000 | 71,437,000 | 76,446,000 | 64,054,000 | 63,996,000 | 45,153,000 | 48,759,000 | 47,759,000 | 42,183,000 | 43,493,000 | 31,695,000 | 23,082,000 | 23,532,000 | 16,493,000 | 11,341,000 | 8,735,000 | 10,205,493 | 10,058,471 |
current portion of long-term debt | 286,937,000 | 286,631,000 | 286,319,000 | 149,908,000 | 149,721,000 | 149,540,000 | 149,358,000 | 18,333,000 | 20,000,000 | 20,000,000 | 20,000,000 | 20,000,000 | 16,667,000 | 11,667,000 | 6,667,000 | 1,666,000 | 12,000 | 84,234 | 2,746,512 | ||||||||||||||||||||||||||||||
deferred revenue | 498,000 | 2,040,000 | 1,691,000 | 9,760,000 | 12,833,000 | 5,505,000 | 801,000 | 1,224,000 | 214,000 | 1,351,000 | 1,887,000 | 4,151,000 | 5,992,000 | 7,702,000 | 8,638,000 | 8,242,000 | 8,810,000 | 8,005,000 | 5,497,000 | 3,716,000 | 2,004,000 | 3,937,000 | 6,122,000 | 2,602,000 | 910,000 | 726,000 | 396,000 | 373,000 | 769,000 | 242,000 | 492,000 | 3,631,430 | 6,983,506 | ||||||||||||||||
operating lease liabilities- current | 12,078,000 | 12,484,000 | 11,810,000 | 11,725,000 | 11,464,000 | 10,363,000 | 14,113,000 | 13,714,000 | 14,572,000 | 13,002,000 | 11,703,000 | 10,199,000 | 9,598,000 | 9,370,000 | 8,895,000 | 8,898,000 | 7,369,000 | 7,273,000 | 7,144,000 | 7,335,000 | 7,333,000 | 7,465,000 | 5,859,000 | ||||||||||||||||||||||||||
finance lease liabilities- current | 6,000,000 | 3,000,000 | 2,676,000 | 5,358,000 | 5,047,000 | 3,000,000 | 2,642,000 | 2,292,000 | 1,948,000 | 3,000,000 | 2,611,000 | 2,230,000 | 1,857,000 | 3,000,000 | 2,583,000 | 2,174,000 | 1,772,000 | 3,000,000 | 2,557,000 | 2,121,000 | 1,694,000 | 1,276,000 | 1,251,000 | 4,180,000 | |||||||||||||||||||||||||
liability for sale of future royalties- current | 305,041,000 | 283,000,000 | 260,608,000 | 262,021,000 | 248,240,000 | 257,821,000 | 257,611,000 | 254,997,000 | 227,102,000 | 194,314,000 | 105,849,000 | 105,351,000 | 97,874,000 | 72,149,000 | 77,964,000 | 74,022,000 | 69,943,000 | 59,291,000 | 52,651,000 | 44,335,000 | 33,149,000 | 21,023,000 | 22,159,000 | ||||||||||||||||||||||||||
total current liabilities | 923,604,000 | 968,427,000 | 866,245,000 | 627,809,000 | 595,391,000 | 580,981,000 | 610,712,000 | 609,803,000 | 574,546,000 | 603,100,000 | 492,118,000 | 476,342,000 | 441,634,000 | 406,236,000 | 420,076,000 | 567,371,000 | 476,776,000 | 509,348,000 | 465,261,000 | 290,962,000 | 250,949,000 | 277,333,000 | 253,822,000 | 201,843,000 | 217,668,000 | 235,857,000 | 183,500,000 | 173,959,000 | 143,046,000 | 166,796,000 | 114,922,000 | 86,474,000 | 72,716,000 | 82,048,000 | 71,899,000 | 67,985,000 | 45,418,000 | 49,624,000 | 48,926,000 | 42,909,000 | 43,889,000 | 31,695,000 | 23,082,000 | 23,905,000 | 17,262,000 | 11,583,000 | 9,239,000 | 13,921,157 | 19,788,489 |
operating lease liabilities- noncurrent | 90,072,000 | 93,583,000 | 95,488,000 | 71,237,000 | 73,559,000 | 74,947,000 | 82,770,000 | 79,118,000 | 104,837,000 | 97,627,000 | 99,682,000 | 100,425,000 | 100,442,000 | 100,860,000 | 102,124,000 | 137,353,000 | 72,432,000 | 73,619,000 | 74,823,000 | 76,425,000 | 77,863,000 | 79,499,000 | 81,674,000 | ||||||||||||||||||||||||||
finance lease liabilities- noncurrent | 3,000,000 | 13,833,000 | 13,833,000 | 13,833,000 | 15,574,000 | 15,574,000 | 15,574,000 | 15,574,000 | 17,184,000 | 17,184,000 | 17,184,000 | 17,184,000 | 18,675,000 | 18,675,000 | 18,675,000 | 18,675,000 | 20,053,000 | 20,053,000 | 20,053,000 | 20,053,000 | 23,053,000 | 22,608,000 | 22,031,000 | ||||||||||||||||||||||||||
liability for sale of future royalties- noncurrent | 2,022,189,000 | 2,025,366,000 | 1,821,313,000 | 1,833,985,000 | 1,850,223,000 | 1,823,955,000 | 1,824,440,000 | 1,829,883,000 | 1,611,831,000 | 1,619,783,000 | 657,469,000 | 661,229,000 | 665,677,000 | 685,737,000 | 680,182,000 | 680,306,000 | 674,803,000 | 674,694,000 | 670,549,000 | 664,829,000 | 661,835,000 | 658,739,000 | 642,099,000 | ||||||||||||||||||||||||||
other long-term liabilities | 13,704,000 | 13,704,000 | 2,579,000 | 7,824,000 | 22,429,000 | 21,426,000 | 77,000 | 141,000 | 141,000 | 141,000 | 141,000 | 141,000 | 141,000 | 2,641,000 | 4,686,000 | 1,376,000 | 1,392,000 | 1,392,000 | 1,392,000 | 1,968,000 | 26,678,000 | 14,786,000 | 9,159,000 | 9,455,000 | 8,416,000 | 8,770,000 | 58,000 | 101,000 | 153,000 | 209,000 | 243,000 | 269,000 | 292,000 | 311,000 | 335,000 | 2,515,000 | 2,094,000 | 1,976,000 | 2,056,000 | 2,159,000 | 2,295,000 | 2,237,000 | 2,219,000 | 2,259,000 | 2,290,445 | 2,518,288 | |||
total liabilities | 3,049,569,000 | 3,104,080,000 | 2,799,458,000 | 2,840,701,000 | 2,841,147,000 | 2,803,095,000 | 2,896,588,000 | 2,896,536,000 | 2,683,545,000 | 2,714,253,000 | 1,930,695,000 | 1,917,392,000 | 2,066,400,000 | 2,052,705,000 | 1,803,302,000 | 1,986,275,000 | 1,890,172,000 | 1,936,618,000 | 1,902,399,000 | 1,862,092,000 | 1,819,365,000 | 1,726,296,000 | 1,670,105,000 | 904,143,000 | 1,016,858,000 | 1,029,452,000 | 977,832,000 | 802,887,000 | 770,969,000 | 768,495,000 | 642,537,000 | 244,371,000 | 229,103,000 | 235,216,000 | 221,838,000 | 213,347,000 | 147,818,000 | 149,762,000 | 148,000,000 | 139,939,000 | 139,231,000 | 126,949,000 | 25,241,000 | 26,200,000 | 19,499,000 | 13,802,000 | 11,498,000 | 16,211,602 | 22,548,444 |
stockholders’ deficit: | |||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 81,000 | 80,000 | 79,000 | 78,000 | 78,000 | 77,000 | 76,000 | 76,000 | 76,000 | 75,000 | 75,000 | 75,000 | 73,000 | 72,000 | 71,000 | 71,000 | 71,000 | 71,000 | 70,000 | 70,000 | 70,000 | 70,000 | 68,000 | 67,000 | 62,000 | 62,000 | 61,000 | 58,000 | 58,000 | 51,000 | 51,000 | 47,000 | 42,000 | 42,000 | 41,000 | 41,000 | 34,000 | 34,000 | 34,000 | 34,000 | 34,000 | 34,000 | 34,000 | 33,000 | 30,000 | 30,000 | 30,000 | 24,344 | 24,344 |
additional paid-in capital | 2,778,026,000 | 2,748,335,000 | 2,667,497,000 | 2,631,180,000 | 2,608,422,000 | 2,574,611,000 | 2,530,902,000 | 2,510,574,000 | 2,486,722,000 | 2,466,233,000 | 2,447,292,000 | 2,416,904,000 | 2,339,886,000 | 2,305,020,000 | 2,222,905,000 | 2,184,230,000 | 2,152,639,000 | 2,123,606,000 | 2,092,534,000 | 2,063,687,000 | 2,033,972,000 | 2,171,746,000 | 2,101,136,000 | 2,067,274,000 | 1,834,061,000 | 1,795,351,000 | 1,775,799,000 | 1,539,530,000 | 1,523,115,000 | 1,288,137,000 | 1,275,004,000 | 1,105,124,000 | 975,418,000 | 966,534,000 | 958,206,000 | 949,331,000 | 865,834,000 | 856,142,000 | 847,700,000 | 837,850,000 | 829,114,000 | 812,294,000 | 747,869,000 | 734,489,000 | 596,617,000 | 591,636,000 | 587,128,000 | 461,960,966 | 459,391,899 |
accumulated other comprehensive income | 8,466,000 | 10,501,000 | 5,930,000 | 7,356,000 | -1,285,000 | 9,609,000 | -1,431,000 | -1,587,000 | 4,796,000 | 36,205,000 | -38,743,000 | -60,957,000 | -35,727,000 | -10,016,000 | -1,985,000 | -10,584,000 | 616,000 | 1,922,000 | 805,000 | 1,462,000 | 1,628,000 | 1,855,000 | 4,953,000 | 3,969,000 | 3,013,000 | 1,999,000 | 756,000 | 885,000 | 1,084,000 | 90,000 | |||||||||||||||||||
accumulated deficit | -2,967,038,000 | -2,964,229,000 | -2,829,264,000 | -2,845,160,000 | -2,780,311,000 | -3,646,873,000 | -3,580,987,000 | -3,474,333,000 | -3,375,154,000 | -3,283,578,000 | -3,127,786,000 | -2,994,816,000 | -2,795,933,000 | -2,656,974,000 | -2,486,085,000 | -2,376,770,000 | -2,224,683,000 | -2,097,957,000 | -1,954,717,000 | -1,821,093,000 | -1,702,723,000 | -1,628,877,000 | -1,554,523,000 | -1,484,831,000 | -1,303,404,000 | -1,190,499,000 | -1,112,822,000 | -1,052,825,000 | -1,011,036,000 | -938,923,000 | -890,593,000 | -839,624,000 | -830,105,000 | -814,108,000 | -815,378,000 | -781,640,000 | -764,165,000 | -735,108,000 | -708,313,000 | ||||||||||
total stockholders’ deficit | -180,465,000 | -205,313,000 | -155,758,000 | -206,546,000 | -185,760,000 | -1,098,071,000 | -1,054,352,000 | -980,181,000 | -893,916,000 | -818,555,000 | -670,810,000 | -579,268,000 | -457,561,000 | ||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ deficit | 2,869,104,000 | 2,898,767,000 | 2,643,700,000 | 2,634,155,000 | 2,655,387,000 | 1,705,024,000 | 1,842,236,000 | 1,916,355,000 | 1,789,629,000 | 1,895,698,000 | 1,259,885,000 | 1,338,124,000 | 1,608,839,000 | ||||||||||||||||||||||||||||||||||||
long-term debt | 286,013,000 | 285,712,000 | 285,412,000 | 285,106,000 | 284,806,000 | 284,512,000 | 284,213,000 | 573,174,000 | 572,643,000 | 572,091,000 | 571,722,000 | 282,749,000 | 282,460,000 | 282,176,000 | 281,894,000 | 281,604,000 | 430,496,000 | 430,038,000 | 309,145,000 | 302,971,000 | 297,029,000 | 294,574,000 | 293,859,000 | 293,149,000 | 135,683,000 | 138,468,000 | 141,347,000 | 144,258,000 | 147,204,000 | 146,878,000 | 144,971,000 | 143,091,000 | 141,242,000 | 99,895,000 | 98,216,000 | 96,559,000 | 94,936,000 | 93,366,000 | 93,198,000 | ||||||||||
contingent consideration payable | 800,000 | 22,000,000 | 21,300,000 | 36,200,000 | 36,300,000 | 39,000,000 | 37,500,000 | 166,400,000 | 164,000,000 | 157,700,000 | 163,000,000 | 228,200,000 | 239,900,000 | 252,000,000 | 241,200,000 | 240,500,000 | 240,400,000 | 234,100,000 | 225,700,000 | 357,200,000 | 356,300,000 | 344,900,000 | 336,200,000 | 330,900,000 | 310,240,000 | 218,700,000 | |||||||||||||||||||||||
accumulated other comprehensive loss | -13,949,000 | -25,886,000 | -4,343,000 | -16,498,000 | -5,560,000 | 10,251,000 | -18,608,000 | -24,282,000 | -32,961,000 | -46,087,000 | -876,000 | -1,485,000 | 80,000 | ||||||||||||||||||||||||||||||||||||
deferred tax liability | 55,909,000 | 55,911,000 | 55,904,000 | 55,905,000 | 51,927,000 | 51,928,000 | 102,831,000 | 102,834,000 | 137,110,000 | 137,110,000 | 137,110,000 | 137,110,000 | 136,733,000 | 136,735,000 | 136,735,000 | 136,735,000 | 130,863,000 | 130,862,000 | 130,862,000 | 130,862,000 | 122,032,000 | 122,032,000 | 122,032,000 | 122,032,000 | 115,200,000 | ||||||||||||||||||||||||
liabilities and stockholders’ (deficit) equity | |||||||||||||||||||||||||||||||||||||||||||||||||
other current liabilities | 1,312,000 | 1,451,000 | 1,450,000 | 1,460,000 | 1,222,000 | 1,250,000 | 1,250,000 | 1,250,000 | 4,868,000 | 3,644,000 | 8,339,000 | 6,840,000 | 4,179,000 | 3,132,000 | 3,814,000 | 3,463,000 | 2,274,000 | 1,279,000 | 1,665,000 | 1,723,000 | 1,387,000 | 265,000 | 865,000 | 257,000 | |||||||||||||||||||||||||
stockholders’ (deficit) equity: | |||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ (deficit) equity | -347,086,000 | -226,904,000 | -182,218,000 | -90,581,000 | 151,032,513 | 152,919,640 | |||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ (deficit) equity | 1,705,619,000 | 1,576,398,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| 2,022,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
revenues: | |||||||||||||||||||||||||||||||||||||||||||||||||
net product revenue | 134,186,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
collaboration revenue | 50,017,000 | 15,455,361 | 5,867,806 | ||||||||||||||||||||||||||||||||||||||||||||||
royalty revenue | 32,924,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
total revenues | 217,127,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||
cost of product sales, excluding amortization of acquired intangible assets | 14,011,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
amortization of acquired intangible assets | 31,023,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
research and development | 165,462,000 | 13,886,196 | 14,712,091 | ||||||||||||||||||||||||||||||||||||||||||||||
selling, general and administrative | 80,118,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
change in the fair value of deferred and contingent consideration | -5,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 285,314,000 | 20,565,188 | 21,307,148 | ||||||||||||||||||||||||||||||||||||||||||||||
income from operations | -68,187,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -20,880,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
other income | -38,141,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax expense | -127,208,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | 17,893,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders | -109,315,000 | -4,416,499 | -14,586,578 | ||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 71,654,671,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net income per share | -1,530 | -0.19 | -5.51 | ||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 1,804,057,000 | 1,799,591,000 | 1,938,056,000 | 2,007,325,000 | 2,058,669,000 | 2,111,941,000 | 2,208,278,000 | 2,181,059,000 | 1,476,637,000 | 1,545,592,000 | 1,623,782,000 | 1,641,486,000 | 1,291,572,000 | 1,283,911,000 | 1,119,222,000 | 1,028,627,000 | 511,773,000 | 379,411,000 | 391,653,000 | 367,720,000 | 383,078,000 | 248,645,000 | 269,345,000 | 288,177,000 | 305,563,000 | 335,232,000 | 396,100,000 | 273,822,000 | 299,520,000 | 220,795,000 | 237,558,000 | 255,840,000 | |||||||||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 1,438,000 | 104,926,000 | 196,577,000 | 292,576,000 | 481,982,000 | 510,954,000 | 572,494,000 | 528,734,000 | 594,330,000 | 663,654,000 | 488,685,000 | 512,942,000 | 350,727,000 | 386,090,000 | 267,402,000 | 150,308,000 | 156,437,000 | 145,882,000 | 169,731,000 | 100,827,000 | 119,583,000 | 140,177,000 | 165,624,000 | 196,001,000 | 269,151,000 | 248,581,000 | 273,320,000 | 201,296,000 | 223,756,000 | 244,342,000 | |||||||||||||||||||
trade receivables | 96,645,000 | 78,801,000 | 94,124,000 | 69,929,000 | 56,786,000 | 53,644,000 | 52,623,000 | 55,538,000 | 60,383,000 | 77,104,000 | 46,350,000 | 67,907,000 | 42,197,000 | 59,383,000 | 45,611,000 | 40,394,000 | 38,744,000 | 33,767,000 | 32,173,000 | 24,929,000 | 27,409,000 | 19,765,000 | 22,618,000 | ||||||||||||||||||||||||||
deferred consideration payable | 2,384,000 | 40,000,000 | 19,700,000 | 19,400,000 | 19,300,000 | 38,200,000 | |||||||||||||||||||||||||||||||||||||||||||
deferred revenue- long term | 1,768,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
deferred consideration payable- current | 40,000,000 | 19,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue- long-term | 3,415,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
deferred consideration payable- long-term | 18,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue - long-term | 9,722,000 | 11,156,000 | 10,540,000 | 9,300,000 | 7,954,000 | 6,579,000 | 3,828,000 | 2,194,000 | 1,587,000 | ||||||||||||||||||||||||||||||||||||||||
receivables | 8,016,000 | 5,114,000 | 3,178,000 | 1,296,000 | |||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.001 par value. undesignated 5,000,000 shares; issued and outstanding 0 shares at september 30, 2014 and december 31, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||
grant and collaboration receivables | 858,000 | 838,000 | 783,851 | 870,641 | |||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.001 par value. undesignated 5,000,000 shares; issued and outstanding 0 shares at june 30, 2014 and december 31, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.001 par value. undesignated 5,000,000 shares; issued and outstanding 0 shares at march 31, 2014 and december 31, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, convertible preferred stocks and stockholders’ (deficit) equity | |||||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue, less current portion | 241,667 | ||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, less current portion | |||||||||||||||||||||||||||||||||||||||||||||||||
series one convertible preferred stock, designated 2,000,000 shares; issued and outstanding 1,483,337 shares at december 31, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||
series two convertible preferred stock, designated 13,750,000 shares; issued and outstanding 10,701,405 shares at december 31, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||
series three convertible preferred stock, designated 13,750,000 shares; issued and outstanding 2,853,517 shares at december 31, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.001 par value. undesignated 5,000,000 shares; issued and outstanding 0 shares at september 30, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, convertible preferred stocks and stockholders’ (deficit) equity | 167,244,115 | 175,468,084 | |||||||||||||||||||||||||||||||||||||||||||||||
grant revenue | 834,212 | 986,406 | |||||||||||||||||||||||||||||||||||||||||||||||
total revenues and non-cash cancellation revenue | 16,289,573 | 6,854,212 | |||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 6,678,992 | 6,595,057 | |||||||||||||||||||||||||||||||||||||||||||||||
interest income | 26,695 | ||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | |||||||||||||||||||||||||||||||||||||||||||||||||
net income | |||||||||||||||||||||||||||||||||||||||||||||||||
deemed dividend | |||||||||||||||||||||||||||||||||||||||||||||||||
gain on exchange of convertible preferred stock in connection with recapitalization | |||||||||||||||||||||||||||||||||||||||||||||||||
less beneficial conversion charge | |||||||||||||||||||||||||||||||||||||||||||||||||
basic | 23,803,282 | 2,648,832 | |||||||||||||||||||||||||||||||||||||||||||||||
diluted | 23,803,282 | 2,648,832 | |||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.001 par value. undesignated 5,000,000 shares; issued and outstanding 0 shares at june 30, 2013 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||
net income | -2,809,000 | -134,965,000 | 15,896,000 | -64,849,000 | 866,562,000 | |||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 15,413,000 | 12,902,000 | 11,109,000 | 7,583,000 | 7,221,000 | 6,764,000 | 6,486,000 | 7,018,000 | 55,395,000 | 80,705,000 | 62,055,000 | 51,005,000 | 42,825,000 | 38,865,000 | 89,915,506 | 29,180 | 26,314 | 18,811,000 | 16,750,000 | 14,986,000 | 13,587,000 | 12,402,000 | 11,643,000 | 10,210,000 | 9,235,000 | 9,277,000 | 8,143,000 | 7,701,000 | 7,059,000 | 6,771,000 | 7,073,000 | 6,221,000 | 6,022,000 | 5,939,000 | 10,295,000 | |||||||||||||
non-cash operating lease expense | 1,761,000 | 1,832,000 | 2,001,000 | 1,844,000 | 1,790,000 | 1,480,000 | 1,800,000 | 2,680,000 | 1,792,000 | 1,671,000 | 2,482,000 | 2,732,000 | 2,942,000 | 2,379,000 | 7,500,705 | 2,387 | 1,908 | 1,870,000 | 1,850,000 | 1,847,000 | 1,819,000 | 1,789,000 | 1,894,000 | |||||||||||||||||||||||||
non-cash royalty revenue related to sale of future royalties | -46,835,000 | -79,408,000 | -64,061,000 | -52,125,000 | -32,974,000 | -52,630,000 | -55,528,000 | -48,121,000 | -25,228,000 | -42,861,000 | -21,540,000 | -15,822,000 | -13,237,000 | -17,121,000 | -31,599,518 | -9,369 | -8,113 | -9,143,000 | -5,636,000 | -5,823,000 | -2,858,000 | -1,756,000 | ||||||||||||||||||||||||||
non-cash interest expense on liability related to sale of future royalties | 65,699,000 | 65,853,000 | 49,976,000 | 49,668,000 | 49,661,000 | 52,355,000 | 52,699,000 | 52,276,000 | 50,064,000 | 48,759,000 | 18,278,000 | 18,851,000 | 18,902,000 | 16,861,000 | 55,740,175 | 18,951 | 18,874 | 19,928,000 | 19,672,000 | 20,003,000 | 18,080,000 | 17,260,000 | ||||||||||||||||||||||||||
change in valuation of contingent consideration | 0 | 0 | 0 | -800,000 | -10,175,000 | 700,000 | 5,100,000 | -100,000 | -2,700,000 | 1,500,000 | ||||||||||||||||||||||||||||||||||||||
tangible asset impairment and losses on transactions | 927,000 | |||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on clearpoint equity investments | -44,000 | 3,122,000 | -3,731,000 | -5,206,000 | 1,261,000 | -9,000 | -1,592,000 | 1,995,000 | 1,073,000 | 39,000 | 2,447,000 | 1,049 | 2,654,000 | -6,764,000 | ||||||||||||||||||||||||||||||||||
unrealized gain on marketable securities - equity investments | -1,214,000 | -800,000 | -1,622,000 | -764,000 | -774,000 | |||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | -10,000 | 1,000 | 2,000 | -55,910,000 | -3,000 | 2,000 | -1,000 | 3,979,000 | -2,000 | -50,903,000 | -4,000 | |||||||||||||||||||||||||||||||||||||
amortization of discounts on investments | -4,114,000 | -5,050,000 | -6,103,000 | -4,556,000 | -2,313,000 | -2,954,000 | -3,296,000 | -3,697,000 | 76,000 | -302,000 | -333,000 | -467,000 | ||||||||||||||||||||||||||||||||||||
amortization of debt issuance costs | 305,000 | 313,000 | 305,000 | 302,000 | 299,000 | 307,000 | 300,000 | 295,000 | 296,000 | 299,000 | 573,000 | 563,000 | 438,000 | 585,000 | 1,315,065 | 471 | 464 | 471,000 | 466,000 | 459,000 | 452,000 | 254,000 | 256,000 | 254,000 | 256,000 | 260,000 | 154,000 | 141,000 | 139,000 | 134,000 | 134,000 | 130,000 | 126,000 | 125,000 | 123,000 | 105,000 | 80,000 | 78,000 | 77,000 | 75,000 | 72,000 | |||||||
share-based compensation expense | 23,421,000 | 18,518,000 | 19,426,000 | 18,543,000 | 18,060,000 | 17,239,000 | 19,755,000 | 19,243,000 | 18,378,000 | 16,508,000 | 26,942,000 | 29,371,000 | 28,815,000 | 27,344,000 | 82,934,681 | 27,730 | 26,589 | 26,236,000 | 25,871,000 | 25,699,000 | 25,707,000 | 21,416,000 | 16,779,000 | 16,910,000 | 15,220,000 | 11,466,000 | 10,484,000 | 10,921,000 | 9,263,000 | 8,479,000 | 8,942,000 | 8,083,000 | 7,748,000 | 6,477,000 | 7,168,000 | 7,885,000 | 9,029,000 | 8,399,000 | 8,959,000 | 8,736,000 | 8,915,000 | 8,054,000 | 8,328,000 | 9,748,000 | 4,622,000 | 4,278,000 | 3,705,000 | 2,639,697 |
unrealized foreign currency transaction losses | -887,000 | -1,388,000 | -171,000 | 2,688,000 | 2,251,000 | -10,227,000 | 269,000 | -17,507,000 | 16,726,000 | -3,275,000 | -10,057,000 | -57,983,000 | 71,209,641 | 34,224 | 2,135 | 14,111,000 | 17,297,000 | -23,829,000 | -11,923,000 | 8,675,000 | 143,000 | -803,000 | 865,000 | 536,000 | -1,300,000 | -95,000 | -2,012,000 | 828,000 | 820,000 | -199,000 | 438,000 | |||||||||||||||||
changes in operating assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||
inventory | 2,643,000 | -26,779,000 | -18,526,000 | -10,782,000 | 2,191,000 | 11,086,000 | -3,106,000 | -1,936,000 | 120,000 | 5,938,000 | -4,326,000 | -5,183,000 | -4,612,000 | -5,900,000 | -768,027 | -323 | 350 | -676,000 | 570,000 | -57,000 | 1,963,000 | 1,451,000 | -553,000 | 841,000 | 102,000 | -1,882,000 | -722,000 | -518,000 | -334,000 | -2,571,000 | 141,000 | -1,947,000 | -1,446,000 | -2,829,000 | -819,000 | -1,456,000 | -1,350,000 | |||||||||||
prepaid expenses and other current assets | 1,180,000 | -22,942,000 | -1,679,000 | 4,232,000 | -16,429,000 | -9,194,000 | 8,166,000 | 5,887,000 | 93,904,000 | -104,459,000 | -4,484,000 | 6,340,000 | 57,611,000 | -16,006,000 | -35,631,431 | -8,687 | 25,118 | -23,471,000 | -7,488,000 | 44,000 | 15,605,000 | -3,332,000 | 7,280,000 | -9,894,000 | -6,675,000 | 2,936,000 | -4,521,000 | -7,059,000 | -191,000 | -308,000 | -1,555,000 | -704,000 | 958,000 | -1,214,000 | -154,000 | -509,000 | 93,000 | 76,000 | -68,000 | 461,000 | 702,000 | |||||||
trade and royalty receivables | -40,390,000 | 22,214,000 | -6,474,000 | 21,901,000 | -47,792,000 | 40,761,000 | -7,719,000 | 8,190,000 | -39,500,000 | 8,348,000 | 8,135,000 | 25,404,000 | -43,426,000 | -23,695,000 | -24,743,451 | -1,177 | -28,372 | |||||||||||||||||||||||||||||||
deposits and other assets | -1,588,000 | 1,137,000 | 2,328,000 | -216,000 | -611,000 | 4,550,000 | -2,153,000 | -1,130,000 | 11,192,000 | 625,000 | -2,339,000 | 6,193,000 | 743,000 | 839,000 | -3,751,026 | -464 | -510 | 212,000 | -155,000 | -425,000 | 136,000 | -445,000 | -42,000 | 5,644,000 | -5,819,000 | -3,176,000 | -5,091,000 | 1,098,000 | -10,754,000 | -708,000 | 34,000 | -111,000 | -308,000 | -59,000 | -22,000 | -237,000 | -226,000 | -124,000 | -75,000 | 120,000 | 138,000 | 17,000 | -6,877 | |||||
accounts payable and accrued expenses | -68,713,000 | 108,082,000 | -43,205,000 | -11,638,000 | 18,502,000 | -32,905,000 | 18,285,000 | -13,313,000 | -5,389,000 | 7,912,000 | 7,997,000 | -1,087,000 | 33,524,000 | 25,974,000 | 1,577,060 | 21,620 | -30,680 | 36,771,000 | 18,111,000 | 19,533,000 | -28,756,000 | 16,408,000 | 61,887,000 | -3,497,000 | -4,000,000 | 26,141,000 | 8,241,000 | 21,107,000 | -28,653,000 | 25,271,000 | 16,381,000 | 9,035,000 | -6,810,000 | 12,204,000 | -645,000 | 16,375,000 | -3,923,000 | 2,179,000 | 147,022 | |||||||||
other liabilities | -2,309,000 | 9,101,000 | -9,177,000 | -16,862,000 | -458,000 | 16,563,000 | -1,841,000 | -8,876,000 | 5,984,000 | -551,000 | 1,299,000 | 933,000 | -3,988,000 | -3,650,000 | -903,833 | -1,078 | -3,089 | -2,364,000 | -1,257,000 | -1,167,000 | -1,916,000 | 166,000 | 1,264,000 | 1,115,000 | 3,902,000 | 586,000 | 8,065,000 | 315,000 | 1,132,000 | 960,000 | -475,000 | 350,000 | 1,081,000 | -624,000 | ||||||||||||||
deferred revenue | -1,522,000 | 300,000 | -8,143,000 | -3,355,000 | 7,200,000 | 5,718,000 | 0 | 0 | -801,000 | -423,000 | 1,224,000 | -214,000 | -1,137,000 | 45,000 | 30,000 | -1,931,000 | -2,154,000 | -2,092,000 | -2,015,000 | -2,725,000 | -1,200,000 | -2,969,000 | -930,000 | 1,937,000 | 574,000 | 581,000 | 2,729,000 | 1,795,000 | 1,409,000 | -1,241,000 | 6,106,000 | 4,022,000 | 582,000 | 758,000 | 181,000 | 344,000 | 243,000 | |||||||||||
payments on contingent consideration | 0 | 0 | 0 | -4,684,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | -59,042,000 | -34,273,000 | -66,301,000 | -58,333,000 | 870,103,000 | -30,004,000 | -76,992,000 | -71,453,000 | 70,761,000 | -100,288,000 | -14,519,000 | -14,120,000 | -29,491,000 | -165,963,000 | -190,538,354 | -55,242 | -97,404 | -68,840,000 | -51,190,000 | -31,145,000 | -100,157,000 | -64,366,000 | 26,659,000 | -74,810,000 | -81,554,000 | -10,206,000 | -15,502,000 | -30,522,000 | -42,409,000 | -15,143,000 | 3,377,000 | 3,000 | -15,878,000 | 21,288,000 | -15,769,000 | 13,320,000 | -28,902,000 | -13,319,000 | ||||||||||
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||
free cash flows | -59,042,000 | -34,273,000 | -66,301,000 | -58,333,000 | 870,103,000 | -30,004,000 | -76,992,000 | -71,453,000 | 70,761,000 | -100,288,000 | -14,519,000 | -14,120,000 | -29,491,000 | -165,963,000 | -190,538,354 | -55,242 | -97,404 | -68,840,000 | -51,190,000 | -31,145,000 | -100,157,000 | -64,366,000 | 26,659,000 | -74,810,000 | -81,554,000 | -10,206,000 | -15,502,000 | -30,522,000 | -42,409,000 | -15,143,000 | 3,377,000 | 3,000 | -15,878,000 | 21,288,000 | -15,769,000 | 13,320,000 | -28,902,000 | -13,319,000 | ||||||||||
cash flows from investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||
purchases of fixed assets | -1,197,000 | -2,374,000 | -3,445,000 | -1,317,000 | -1,724,000 | -3,767,000 | -522,000 | 7,375,000 | -9,588,000 | -5,566,000 | -6,357,000 | -6,245,000 | -10,270,000 | -8,622,000 | -23,375,988 | -8,700 | -9,312 | -8,726,000 | -5,844,000 | -7,974,000 | -5,669,000 | -6,352,000 | -3,308,000 | -2,160,000 | -6,023,000 | -4,653,000 | -4,253,000 | -1,986,000 | -2,865,000 | -4,608,000 | -1,302,000 | -708,000 | -479,000 | -2,043,000 | -479,000 | -354,000 | -225,000 | -1,236,000 | ||||||||||
proceeds from sale of fixed assets | 0 | 0 | 0 | 70,000 | 0 | 18,000 | ||||||||||||||||||||||||||||||||||||||||||
purchases of marketable securities- available for sale | -454,670,000 | -312,263,000 | -204,103,000 | -524,829,000 | -322,335,000 | -131,304,000 | -184,946,000 | -187,361,000 | -104,373,000 | -12,335,000 | -40,388,571 | -1,394 | -39,035 | -56,772,000 | -83,445,000 | -50,946,000 | -141,985,000 | |||||||||||||||||||||||||||||||
purchases of marketable securities- equity investments | -23,957,000 | -7,091,000 | -29,508,000 | -11,820,000 | -5,209,000 | -9,763,000 | -32,208,000 | -8,341,000 | -9,065,000 | -12,020,000 | -8,219,000 | 0 | -4,636,000 | -5,382,000 | 0 | -200,000,000 | ||||||||||||||||||||||||||||||||
sale of marketable securities- available for sale | 376,359,000 | |||||||||||||||||||||||||||||||||||||||||||||||
sale of marketable securities- equity investments | 9,885,000 | |||||||||||||||||||||||||||||||||||||||||||||||
acquisition of product rights and licenses | -156,000 | -34,917,000 | -252,750,000 | -2,677,000 | -808,000 | -2,730,000 | -10,254,000 | 0 | -54,763,000 | -22,896,000 | -22,849,000 | -13,039,000 | -33,397,000 | -18,375,000 | -101,987,574 | -9,292 | -72,134 | -15,312,000 | -19,968,000 | -7,646,000 | -14,192,000 | -12,516,000 | -23,196,000 | 9,012,000 | -11,434,000 | -8,269,000 | -1,451,000 | |||||||||||||||||||||
net cash from investing activities | -93,736,000 | 34,008,000 | -289,623,000 | -422,009,000 | -184,360,000 | 267,712,000 | -42,675,000 | -65,923,000 | -114,932,000 | -94,418,000 | -29,596,000 | -23,752,000 | -28,971,000 | 32,439,000 | 257,620,703 | 72,254 | 49,043 | 68,274,000 | 64,704,000 | 56,057,000 | 30,147,000 | -208,120,000 | -394,211,000 | 142,057,000 | -101,274,000 | -228,997,000 | 30,429,000 | -38,171,000 | -150,498,000 | -24,596,000 | -24,113,000 | 7,744,000 | -1,648,000 | -54,042,000 | 19,272,000 | 23,469,000 | 24,418,000 | 23,131,000 | 38,236,000 | -6,284,000 | ||||||||
cash flows from financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of options | 6,403,000 | 59,387,000 | 16,830,000 | 1,134,000 | 15,751,000 | 23,245,000 | 573,000 | 2,717,000 | 2,030,000 | 269,000 | 3,446,000 | 14,670,000 | 5,655,000 | 1,429,000 | 13,199,802 | 754 | 2,444 | 1,189,000 | 2,976,000 | 1,389,000 | 11,755,000 | 37,192,000 | 7,942,000 | 15,058,000 | 9,987,000 | 6,081,000 | 8,066,000 | 2,848,000 | 1,281,000 | 2,237,000 | 5,039,000 | 2,456,000 | 1,136,000 | 745,000 | 902,000 | 429,000 | 106,000 | 42,000 | 892,000 | 0 | 34,000 | 617,000 | 5,053,000 | 3,019,000 | 359,000 | |||
payments on contingent consideration obligation | 0 | 0 | 0 | -6,341,000 | ||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 6,403,000 | 302,504,000 | 15,219,000 | 3,961,000 | 9,410,000 | 26,471,000 | -17,627,000 | 246,482,000 | 540,000 | 620,485,000 | 3,361,000 | 18,460,000 | 4,094,000 | 302,918,000 | -134,971,029 | 3,861 | 1,168 | 4,354,000 | 2,976,000 | 4,016,000 | 9,531,000 | 40,089,000 | 643,054,000 | -32,918,000 | 18,490,000 | 2,284,000 | 382,354,000 | 2,849,000 | 225,722,000 | 3,726,000 | 5,080,000 | 121,629,000 | 1,136,000 | 1,851,000 | 1,707,000 | 39,997,000 | 663,000 | 42,000 | 892,000 | 5,053,000 | 3,019,000 | 359,000 | 218,000 | 118,146,000 | -2,856,428 | |||
effect of exchange rate changes on cash | -1,524,000 | 9,795,000 | -6,064,000 | 13,588,000 | 5,393,000 | -8,653,000 | 8,542,000 | -5,187,000 | -2,030,000 | 3,095,000 | -2,332,000 | 10,314,000 | -7,963,000 | 6,020,000 | -8,795,347 | 1,694 | 1,653 | -3,888,000 | -4,019,000 | 1,787,000 | -1,701,000 | 7,239,000 | 7,000 | 845,000 | -403,000 | 1,370,000 | -2,298,000 | 794,000 | -1,169,000 | -1,402,000 | -1,219,000 | -3,263,000 | 2,273,000 | 857,000 | 3,617,000 | 2,119,000 | -394,000 | -1,819,000 | -425,000 | -919,000 | 1,579,000 | |||||||
net increase in cash and cash equivalents | -147,899,000 | -462,793,000 | 700,546,000 | -164,741,000 | -235,549,000 | 394,983,000 | -65,050,000 | 31,646,000 | -37,415,000 | -16,875,000 | -30,046,000 | 8,827,000 | 8,035,000 | 31,701,000 | -94,683,000 | 100,441,000 | -130,050,450 | |||||||||||||||||||||||||||||||
cash and cash equivalents, and restricted cash beginning of period | 998,334,000 | 0 | 0 | 0 | 795,316,000 | 0 | 0 | 0 | 610,284,000 | 0 | 0 | 0 | 295,925,000 | 0 | 197,020,782 | 0 | 197,218 | 0 | 0 | 0 | 216,312,000 | 0 | 0 | 0 | 295,528,000 | |||||||||||||||||||||||
cash and cash equivalents, and restricted cash end of period | 850,435,000 | 312,034,000 | -346,769,000 | -462,793,000 | 1,495,862,000 | 255,526,000 | -128,752,000 | 103,919,000 | 564,623,000 | 428,874,000 | -43,086,000 | -9,098,000 | 233,594,000 | 175,414,000 | 120,336,755 | 22,567 | 151,678 | -100,000 | 12,471,000 | 30,715,000 | 154,132,000 | -225,158,000 | 275,509,000 | 35,174,000 | 130,787,000 | -235,549,000 | ||||||||||||||||||||||
supplemental disclosure of cash information | ||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for interest | 2,156,000 | 0 | 3,546,000 | 0 | 2,156,000 | 0 | 2,157,000 | 0 | 3,666,000 | 11,710,000 | 9,354,000 | 12,956,000 | 12,670,727 | 2,143 | 6,130 | -1,000 | 4,407,000 | 0 | 5,182,000 | 4,878,000 | 3,931,000 | 0 | 3,111,000 | 846,000 | 3,089,000 | 815,000 | 3,023,000 | 775,000 | 3,022,000 | 224,000 | 2,250,000 | 0 | 2,250,000 | 0 | 2,263,000 | 0 | 0 | 1,000 | 83,115 | |||||||||
supplemental disclosure of non-cash investing and financing activity | ||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on marketable securities, net of tax | -1,517,000 | -186,000 | -88,000 | -2,329,931 | -156 | -2,913 | -1,294,000 | |||||||||||||||||||||||||||||||||||||||||
right-of-use assets obtained in exchange for operating lease obligations | 0 | 26,825,000 | 0 | 850,000 | 676,000 | 4,063,000 | 0 | 1,723,000 | 35,225,358 | 68,055 | 587 | 0 | 13,000 | |||||||||||||||||||||||||||||||||||
decrease in right-of-use assets related to lease modifications and termination | 1,466,000 | |||||||||||||||||||||||||||||||||||||||||||||||
decrease in operating lease liabilities due to lease modifications and termination | 1,547,000 | |||||||||||||||||||||||||||||||||||||||||||||||
fixed asset additions through tenant improvement allowance | 0 | 381,000 | 11,000 | 374,000 | 173,000 | 1,936,000 | ||||||||||||||||||||||||||||||||||||||||||
intangible asset impairment | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
tangible asset impairment | 500,000 | 419,000 | 2,609,000 | 1,318,000 | ||||||||||||||||||||||||||||||||||||||||||||
loss on sale of fixed assets | 0 | 53,000 | 0 | 77,000 | 0 | 526,000 | ||||||||||||||||||||||||||||||||||||||||||
gain on lease terminations | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
gain on lease modification | ||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of priority review voucher | ||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on clearpoint convertible debt security | 0 | 0 | -1,916,000 | 3,055,000 | 1,598,000 | -59,000 | 3,348,000 | 1,542 | 3,532,000 | -7,858,000 | -2,050,000 | 2,799,000 | ||||||||||||||||||||||||||||||||||||
realized loss on sale of clearpoint equity investment | ||||||||||||||||||||||||||||||||||||||||||||||||
realized loss on clearpoint convertible debt security | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
realized gain on sale of marketable securities - equity investments | ||||||||||||||||||||||||||||||||||||||||||||||||
non-cash stock consideration, milestone payment | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
disposal of asset | 0 | 269,000 | 544,000 | 671,000 | 2,000 | 79 | ||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of priority review voucher | ||||||||||||||||||||||||||||||||||||||||||||||||
sale of clearpoint equity investments | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from settlement of clearpoint convertible debt security | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from employee stock purchase plan | 3,117,000 | 0 | 3,226,000 | 0 | 2,149,000 | 0 | 3,343,000 | 3,103,893 | 3,165,000 | 0 | 2,897,000 | 0 | ||||||||||||||||||||||||||||||||||||
repayment of senior secured term loan | 0 | -18,333,000 | -5,000,000 | -5,000,000 | -5,000,000 | -5,000,000 | ||||||||||||||||||||||||||||||||||||||||||
debt extinguishment costs related to senior secured term loan | ||||||||||||||||||||||||||||||||||||||||||||||||
cash consideration received from a&r royalty purchase agreement | ||||||||||||||||||||||||||||||||||||||||||||||||
debt issuance costs related to senior secured term loan | 0 | -85,000 | -15,000 | -182,000 | ||||||||||||||||||||||||||||||||||||||||||||
payment of finance lease principal | 0 | 0 | 0 | 0 | -1,490,000 | 0 | 0 | 0 | -1,379,000 | 0 | -1,274,724 | 0 | -1,276 | 0 | 0 | 0 | -2,224,000 | 0 | -2,829,000 | |||||||||||||||||||||||||||||
total income taxes paid, net of refunds received: | ||||||||||||||||||||||||||||||||||||||||||||||||
federal | ||||||||||||||||||||||||||||||||||||||||||||||||
state: | ||||||||||||||||||||||||||||||||||||||||||||||||
illinois | ||||||||||||||||||||||||||||||||||||||||||||||||
other state | ||||||||||||||||||||||||||||||||||||||||||||||||
foreign: | ||||||||||||||||||||||||||||||||||||||||||||||||
brazil | ||||||||||||||||||||||||||||||||||||||||||||||||
other foreign | ||||||||||||||||||||||||||||||||||||||||||||||||
total income taxes paid, net of refunds received | ||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on marketable securities, net of tax | 116,000 | -2,261,000 | 2,760,000 | -112,000 | -444,000 | 19,000 | 397,000 | 54,000 | -136,000 | -63,000 | ||||||||||||||||||||||||||||||||||||||
accrued brokerage fees in connection with sale of priority review voucher | ||||||||||||||||||||||||||||||||||||||||||||||||
milestone payable | -32,084,000 | 7,350,000 | -38,975,000 | 12,500,000 | 35,000,000 | 2,500,000 | 0 | -30,000,000 | 32,500,000 | 49,950,000 | ||||||||||||||||||||||||||||||||||||||
capital expenditures unpaid at the end of the period | ||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on clearpoint equity investments | ||||||||||||||||||||||||||||||||||||||||||||||||
sale and redemption of marketable securities- available for sale | 177,200,000 | 110,401,000 | 136,750,000 | 258,773,000 | 154,186,000 | 75,000,000 | 61,650,000 | 0 | 0 | 9,044,000 | 12,500,000 | 63,244,000 | 341,732,466 | 90,433 | 167,101 | 150,179,000 | 178,603,000 | 122,623,000 | 392,093,000 | |||||||||||||||||||||||||||||
sale and redemption of marketable securities- equity investments | 22,983,000 | 8,233,000 | 8,896,000 | 6,503,000 | 21,051,000 | 19,366,000 | 1,207,000 | 120,150,000 | 7,829,000 | 2,053,000 | 2,196,000 | 8,527,000 | 104,427,370 | 1,207 | 2,423 | 3,541,000 | ||||||||||||||||||||||||||||||||
proceeds from sale of future royalties | ||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -45,661,000 | -43,086,000 | -9,098,000 | -62,331,000 | -76,684,027 | 22,567 | -45,540 | -100,000 | 12,471,000 | 30,715,000 | -62,180,000 | -225,158,000 | 275,509,000 | -14,117,000 | -4,215,000 | |||||||||||||||||||||||||||||||||
cash paid for income taxes | 936,000 | 36,148,000 | 3,040,000 | 4,769,000 | 6,664,000 | 4,075,000 | 2,042,000 | 4,435,000 | 6,981,000 | 2,215,000 | 4,026,051 | 962 | 1,987 | 2,181,000 | 1,400,000 | 3,440,000 | 687,000 | 507,000 | 918,000 | 476,000 | 537,000 | 664,000 | 161,000 | 432,000 | 326,000 | 485,000 | 282,000 | 306,000 | 28,000 | 310,000 | 369,000 | 39,000 | 225,000 | |||||||||||||||
unrealized gain on clearpoint convertible debt security | -166,000 | -18,619,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net loss | -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 | -387,849,187 | -152,087 | -126,726 | -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 | -9,519,000 | -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 | -43,223,000 | -38,361,000 | -37,915,000 | -27,282,000 | -25,104,000 | -14,098,000 | -4,416,499 | |||||
adjustments to reconcile net loss to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||
realized loss for the sale of clearpoint equity investment | ||||||||||||||||||||||||||||||||||||||||||||||||
realized gain on redemption of marketable securities - equity investments | ||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on marketable securities - equity investments | ||||||||||||||||||||||||||||||||||||||||||||||||
amortization of premiums on investments | -2,111,000 | -1,000 | -3,000 | -85,000 | -79,000 | 1,790,460 | 653 | 887 | 1,247,000 | 1,408,000 | 1,285,000 | 1,359,000 | -257,000 | -96,000 | 42,000 | 128,000 | 157,000 | 208,000 | 275,000 | 470,000 | 509,000 | 631,000 | 404,000 | 429,000 | 486,000 | 315,000 | 496,000 | 414,000 | ||||||||||||||||||||
non-cash foreign currency remeasurement loss on intercompany loan | ||||||||||||||||||||||||||||||||||||||||||||||||
sale and redemption of clearpoint equity investments | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior secured term loan | ||||||||||||||||||||||||||||||||||||||||||||||||
repayment of convertible notes | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from stock purchase agreement | ||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on marketable securities- equity investments | -812,000 | -401,000 | -710,000 | -323,000 | -656,000 | |||||||||||||||||||||||||||||||||||||||||||
proceeds from principal payment of clearpoint convertible debt security | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of future royalties | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
debt issuance costs related to secured loan | ||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign currency transaction gains | 24,691,000 | |||||||||||||||||||||||||||||||||||||||||||||||
realized gain on redemption of marketable securities- equity investments | ||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on marketable securities- equity investments | 2,967,000 | -1,120,000 | -2,198,000 | -2,166,000 | -3,327,000 | 11,307,644 | 4,879 | 6,477 | 302,000 | |||||||||||||||||||||||||||||||||||||||
purchase of equity investment in clearpoint | 0 | 0 | 0 | -100,000 | ||||||||||||||||||||||||||||||||||||||||||||
payments on deferred and contingent consideration obligation | ||||||||||||||||||||||||||||||||||||||||||||||||
realized loss on the sale of clearpoint equity investment | ||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures unpaid at the end of period | 8,000 | 28,000 | ||||||||||||||||||||||||||||||||||||||||||||||
change in valuation of deferred and contingent consideration | 2,400,000 | 6,300,000 | -32,173,100 | -15,200 | -11,700 | -12,100,000 | 10,800,000 | 700,000 | 100,000 | 6,300,000 | 8,400,000 | 7,680,000 | 900,000 | 9,500,000 | 5,300,000 | 21,160,000 | ||||||||||||||||||||||||||||||||
non-cash finance lease amortization expense | 0 | 170,000 | ||||||||||||||||||||||||||||||||||||||||||||||
settlement of deferred and contingent consideration | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
non-cash stock consideration, acquisition | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
non-cash interest expense | 5,920,000 | 5,685,000 | 5,534,000 | 5,459,000 | 5,444,000 | 2,528,000 | 2,073,000 | 1,982,000 | 1,955,000 | 1,919,000 | 1,864,000 | 1,780,000 | 1,756,000 | 1,725,000 | 1,674,000 | 1,600,000 | 1,578,000 | 1,546,000 | 1,495,000 | 1,446,000 | ||||||||||||||||||||||||||||
purchase of convertible debt security | 0 | 0 | 0 | -10,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
termination and exit fees related to payoff of senior secured term loan | ||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from public offerings | 0 | 9,142,000 | 5,447,000 | 13,503,000 | 99,717,000 | 104,000 | 224,441,000 | 41,000 | 0 | |||||||||||||||||||||||||||||||||||||||
cash consideration received from royalty purchase agreement | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of asset | 80,918 | -1,000 | -42,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible notes | -304,000 | |||||||||||||||||||||||||||||||||||||||||||||||
termination and exit fees related to payoff of secured term loan | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
payments on deferred consideration obligation | 0 | -2,271,000 | ||||||||||||||||||||||||||||||||||||||||||||||
trade receivables | -19,205,000 | 15,590,000 | -25,010,000 | -10,604,000 | -1,739,000 | -486,000 | 2,346,000 | 5,646,000 | 15,581,000 | -30,488,000 | 20,786,000 | -26,908,000 | 17,748,000 | -16,206,000 | -4,223,000 | -1,209,000 | -4,232,000 | -16,000 | -6,746,000 | 1,193,000 | ||||||||||||||||||||||||||||
right-of-use assets obtained in exchange for finance lease obligations | ||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock related to rights exchange | ||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on equity investment in clearpoint | ||||||||||||||||||||||||||||||||||||||||||||||||
purchases of marketable securities | -432,719,000 | -639,844,000 | -68,288,000 | -298,814,000 | -254,682,000 | -13,125,000 | -60,538,000 | -165,723,000 | -39,958,000 | 0 | -5,973,000 | -22,683,000 | -61,901,000 | 0 | 0 | -19,467,000 | -11,685,000 | |||||||||||||||||||||||||||||||
sale and redemption of marketable securities | 243,467,000 | 272,137,000 | 203,493,000 | 224,997,000 | 56,076,000 | 40,334,000 | 18,090,000 | 29,984,000 | 14,425,000 | 21,514,000 | 20,490,000 | 100,247,000 | 44,110,000 | 65,937,000 | ||||||||||||||||||||||||||||||||||
purchase of equity investment | ||||||||||||||||||||||||||||||||||||||||||||||||
business acquisition, net of cash acquired | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on equity investment | ||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on equity investment | ||||||||||||||||||||||||||||||||||||||||||||||||
other long-term liabilities | -1,481,000 | 681,000 | ||||||||||||||||||||||||||||||||||||||||||||||
non-cash lease expense | 1,330,000 | |||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on equity investment in clearpoint | 1,574,000 | |||||||||||||||||||||||||||||||||||||||||||||||
right-of-use assets obtained in exchange for lease obligations | 22,642,000 | 329,000 | 11,314,000 | |||||||||||||||||||||||||||||||||||||||||||||
change in the fair value of deferred and contingent consideration | ||||||||||||||||||||||||||||||||||||||||||||||||
sale & redemption of marketable securities | 41,795,000 | 40,598,000 | ||||||||||||||||||||||||||||||||||||||||||||||
acquisition of product rights | -4,530,000 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from shares issued under employee stock purchase plan | 2,013,000 | 0 | 1,488,000 | 0 | 1,106,000 | 805,000 | 0 | 557,000 | ||||||||||||||||||||||||||||||||||||||||
debt issuance costs related to secured term loan | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from public offering | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of secured term loan | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 0 | 169,498,000 | 0 | 0 | 0 | 111,792,000 | 0 | 0 | 0 | 58,321,000 | 0 | 0 | 0 | 58,022,000 | 0 | 0 | 49,748,000 | 0 | 0 | 15,414,000 | 0 | |||||||||||||||||||||||||||
change in valuation of warrant liability | 0 | -91,000 | -3,000 | 41,000 | 40,000 | -17,000 | 55,000 | |||||||||||||||||||||||||||||||||||||||||
unrealized gain on mri investment | -2,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||
purchases of equity investment in mri | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
change in unrealized gain on marketable securities, net of tax | -463,000 | 839,000 | 59,000 | 59,000 | -9,000 | -22,000 | -189,000 | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | -65,050,000 | 201,144,000 | -37,415,000 | -16,875,000 | 126,113,000 | 97,675,000 | -30,046,000 | 8,827,000 | 78,905,000 | 54,106,000 | 8,035,000 | 14,628,000 | -4,507,000 | 40,165,000 | 111,492,000 | -7,605,000 | 36,825,000 | 31,701,000 | -94,683,000 | 115,855,000 | -130,050,450 | |||||||||||||||||||||||||||
benefit for deferred income taxes | 23,000 | |||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of non-cash information related to investing and financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||
amortization of premiums and accretion of discounts on investments | -124,000 | |||||||||||||||||||||||||||||||||||||||||||||||
acquisition, including transaction costs | 0 | -739,000 | ||||||||||||||||||||||||||||||||||||||||||||||
debt issuance costs related to convertible notes | ||||||||||||||||||||||||||||||||||||||||||||||||
change in unrealized gain on marketable securities | 658,000 | 10,000 | 10,000 | |||||||||||||||||||||||||||||||||||||||||||||
depreciation | 612,000 | 813,000 | 813,000 | 815,000 | 849,000 | 760,000 | 685,000 | 634,000 | 543,000 | 562,000 | 588,000 | 588,556 | ||||||||||||||||||||||||||||||||||||
payments on long-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided by investing activities | 22,117,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net cash provided by financing activities | 34,000 | |||||||||||||||||||||||||||||||||||||||||||||||
receivables | 1,267,000 | |||||||||||||||||||||||||||||||||||||||||||||||
sales & redemptions of marketable securities | ||||||||||||||||||||||||||||||||||||||||||||||||
change in unrealized loss on marketable securities | -39,695 | |||||||||||||||||||||||||||||||||||||||||||||||
net cash provided/(used in) investing activities | 20,607,000 | |||||||||||||||||||||||||||||||||||||||||||||||
change in unrealized gain (loss) on marketable securities | 125,000 | |||||||||||||||||||||||||||||||||||||||||||||||
grant and collaboration receivables | -20,000 | 120,000 | 86,790 | |||||||||||||||||||||||||||||||||||||||||||||
net proceeds from sale of series four convertible preferred stock | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
change in carry value of preferred securities resulting from recapitalization | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
maturities of marketable securities | 31,806,000 | 21,273,000 | 6,487,191 | |||||||||||||||||||||||||||||||||||||||||||||
ipo closing costs included in accounts payable and accrued expenses | ||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from secondary offering | 118,183,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from sale of series one convertible preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from initial public offering | -70,629 | |||||||||||||||||||||||||||||||||||||||||||||||
noncash interest expense | ||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of noncash information related to investing and financing activities |
