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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
license and collaboration revenue | 4,712,000 | 5,546,000 | 28,321,000 | 170,638,000 | 4,675,000 | 4,167,000 | 254,953,000 | |||||||||||||||||||||||||||||||
operating expenses: | ||||||||||||||||||||||||||||||||||||||
research and development | 40,003,000 | 37,036,000 | 35,893,000 | 34,904,000 | 35,970,000 | 33,520,000 | 33,734,000 | 28,899,000 | 30,664,000 | 33,182,000 | 27,416,000 | 29,884,000 | 25,402,000 | 34,611,000 | 36,318,000 | 38,373,000 | 36,956,000 | 26,432,000 | 24,245,000 | 19,486,000 | 15,995,000 | 20,257,000 | 18,768,000 | 15,911,000 | 17,293,000 | 19,355,000 | 12,444,000 | 14,248,000 | 12,145,000 | 17,735,000 | 15,368,000 | 11,724,000 | 11,168,000 | 12,007,000 | 11,282,000 | 8,823,000 | 5,561,000 | 5,696,000 |
general and administrative | 11,130,000 | 10,551,000 | 11,738,000 | 8,954,000 | 10,158,000 | 9,440,000 | 14,910,000 | 8,052,000 | 7,662,000 | 9,172,000 | 8,605,000 | 6,632,000 | 6,901,000 | 7,691,000 | 10,515,000 | 7,260,000 | 7,256,000 | 6,715,000 | 5,965,000 | 4,994,000 | 4,891,000 | 4,177,000 | 4,576,000 | 4,107,000 | 4,015,000 | 3,863,000 | 3,764,000 | 3,517,000 | 3,361,000 | 3,178,000 | 3,642,000 | 3,071,000 | 2,593,000 | 3,124,000 | 2,991,000 | 2,574,000 | 1,577,000 | 1,395,000 |
total operating expenses | 51,133,000 | 47,587,000 | 47,631,000 | 43,858,000 | 46,128,000 | 42,960,000 | 48,644,000 | 36,951,000 | 38,326,000 | 42,354,000 | 36,021,000 | 36,516,000 | 32,303,000 | 42,302,000 | 46,833,000 | 45,633,000 | 44,212,000 | 33,147,000 | 30,210,000 | 24,480,000 | 20,886,000 | 24,434,000 | 23,344,000 | 20,018,000 | 21,308,000 | 23,218,000 | 16,208,000 | 17,765,000 | 15,506,000 | 20,913,000 | 19,010,000 | 14,795,000 | 13,761,000 | 15,131,000 | 14,273,000 | 11,397,000 | 7,138,000 | 7,091,000 |
income from operations | -46,421,000 | -42,041,000 | -19,310,000 | 126,780,000 | -41,453,000 | -38,793,000 | 206,309,000 | 23,049,000 | -38,326,000 | -42,354,000 | -36,021,000 | -36,516,000 | -32,303,000 | -41,443,000 | -21,111,000 | -37,016,000 | -33,926,000 | -30,882,000 | -24,021,000 | -18,830,000 | -7,772,000 | -18,217,000 | -19,697,000 | -17,299,000 | -17,167,000 | -31,407,000 | -14,648,000 | -15,412,000 | -9,389,000 | -9,239,000 | -8,229,000 | -3,513,000 | -4,980,000 | -15,131,000 | -14,273,000 | -11,397,000 | -7,138,000 | -7,091,000 |
yoy | 11.98% | 8.37% | -109.36% | 450.05% | 8.16% | -8.41% | -672.75% | -163.12% | 18.65% | 2.20% | 70.63% | -1.35% | -4.78% | 34.20% | -12.11% | 96.58% | 336.52% | 69.52% | 21.95% | 8.85% | -54.73% | -42.00% | 34.47% | 12.24% | 82.84% | 239.94% | 78.00% | 338.71% | 88.53% | -38.94% | -42.35% | -69.18% | -30.23% | 113.38% | ||||
qoq | 10.42% | 117.72% | -115.23% | -405.84% | 6.86% | -118.80% | 795.09% | -160.14% | -9.51% | 17.58% | -1.36% | 13.04% | -22.05% | 96.31% | -42.97% | 9.11% | 9.86% | 28.56% | 27.57% | 142.28% | -57.34% | -7.51% | 13.86% | 0.77% | -45.34% | 114.41% | -4.96% | 64.15% | 1.62% | 12.27% | 134.24% | -29.46% | -67.09% | 6.01% | 25.23% | 59.67% | 0.66% | |
operating margin % | ||||||||||||||||||||||||||||||||||||||
interest income | 7,049,000 | 7,406,000 | 7,573,000 | 6,853,000 | 7,682,000 | 7,404,000 | 4,376,000 | 4,242,000 | 4,252,000 | 3,913,000 | 2,491,000 | 2,251,000 | 1,157,000 | 484,000 | 168,000 | 122,000 | 122,000 | 97,000 | 102,000 | 80,000 | 87,000 | 207,000 | 526,000 | 604,000 | 728,000 | 748,000 | 654,000 | 576,000 | 568,000 | 461,000 | 155,000 | 152,000 | 172,000 | 149,000 | 54,000 | 27,000 | ||
other income | 33,000 | 36,000 | 82,000 | 31,000 | 141,000 | 97,000 | -19,000 | 44,000 | -31,000 | -19,000 | -195,000 | 71,000 | -86,000 | -78,000 | 13,000 | -13,000 | -57,000 | -79,000 | -9,000 | -59,000 | 512,000 | -490,000 | -34,000 | |||||||||||||||
income before income tax benefit | -39,339,000 | -34,599,000 | 36,436,000 | -33,630,000 | -31,292,000 | -18,886,000 | -7,763,000 | -18,292,000 | -16,645,000 | -16,511,000 | -30,803,000 | |||||||||||||||||||||||||||
income tax benefit | 172,000 | -557,500 | 420,000 | 676,000 | -1,129,000 | -856,000 | 102,000 | 1,629,000 | ||||||||||||||||||||||||||||||
net income | -39,339,000 | -34,771,000 | -11,655,000 | 131,674,000 | -33,210,000 | -30,616,000 | 207,340,000 | 27,335,000 | -34,105,000 | -38,460,000 | -33,725,000 | -34,194,000 | -31,232,000 | -41,037,000 | -20,930,000 | -36,907,000 | -33,804,000 | -30,842,000 | -23,998,000 | -18,886,000 | -7,763,000 | -19,421,000 | -20,080,000 | -17,501,000 | -16,409,000 | -29,174,000 | -14,103,000 | -13,865,000 | -8,735,000 | -8,663,000 | -7,661,000 | -3,052,000 | -4,825,000 | -14,979,000 | -14,101,000 | -11,248,000 | -7,084,000 | -7,098,000 |
yoy | 18.46% | 13.57% | -105.62% | 381.70% | -2.62% | -20.40% | -714.80% | -179.94% | 9.20% | -6.28% | 61.13% | -7.35% | -7.61% | 33.06% | -12.78% | 95.42% | 335.45% | 58.81% | 19.51% | 7.91% | -52.69% | -33.43% | 42.38% | 26.22% | 87.85% | 236.77% | 84.09% | 354.29% | 81.04% | -42.17% | -45.67% | -72.87% | -31.89% | 111.03% | ||||
qoq | 13.14% | 198.34% | -108.85% | -496.49% | 8.47% | -114.77% | 658.51% | -180.15% | -11.32% | 14.04% | -1.37% | 9.48% | -23.89% | 96.07% | -43.29% | 9.18% | 9.60% | 28.52% | 27.07% | 143.28% | -60.03% | -3.28% | 14.74% | 6.65% | -43.75% | 106.86% | 1.72% | 58.73% | 0.83% | 13.08% | 151.02% | -36.75% | -67.79% | 6.23% | 25.36% | 58.78% | -0.20% | |
net income margin % | ||||||||||||||||||||||||||||||||||||||
net income per share | -0.62 | -0.55 | -0.19 | 2.13 | -0.54 | -0.5 | 3.41 | 0.52 | -0.58 | -0.68 | -0.67 | -0.7 | -0.64 | -0.84 | -0.43 | -0.77 | -0.7 | -0.69 | -0.54 | -0.47 | -0.21 | -0.59 | -0.72 | -0.62 | -0.61 | -1.18 | -0.58 | -0.59 | -0.38 | -0.41 | -0.36 | -0.08 | -0.29 | -0.89 | -0.84 | 2.82 | -0.87 | -19.07 |
weighted-average shares used for eps calculation | 63,772,332 | 63,510,537 | 62,963,806 | 61,566,989 | 61,767,934 | 61,305,289 | 60,855,689 | 56,763,559 | 59,182,899 | 56,775,742 | 50,573,650 | 49,042,232 | 49,107,639 | 49,049,902 | 48,752,548 | 46,322,910 | 47,987,184 | 44,864,637 | 44,224,169 | 34,396,446 | 37,386,881 | 32,799,691 | 27,703,918 | 25,894,024 | 26,956,957 | 24,662,779 | 24,297,576 | 22,364,515 | 22,912,279 | 21,207,234 | 21,112,393 | 17,694,505 | 16,911,575 | 16,875,627 | 16,766,218 | 6,501,796 | 8,483,189 | 383,910 |
income before income tax expense | -11,655,000 | 210,666,000 | -22,161,000 | -33,804,000 | -30,842,000 | -23,998,000 | -19,904,000 | -13,920,000 | ||||||||||||||||||||||||||||||
income tax expense | -3,326,000 | -176,000 | -183,000 | |||||||||||||||||||||||||||||||||||
license and collaboration revenue - related party | 6,645,250 | 859,000 | 25,722,000 | 8,617,000 | 10,286,000 | 2,265,000 | 6,189,000 | 5,650,000 | 13,114,000 | 6,217,000 | 3,647,000 | 2,719,000 | 4,141,000 | -8,189,000 | 1,560,000 | 2,353,000 | 6,117,000 | 11,674,000 | 10,781,000 | 11,282,000 | 8,781,000 | |||||||||||||||||
interest expense | -127,000 | -19,000 | -209,000 | -243,000 | ||||||||||||||||||||||||||||||||||
loss on early repayment of debt | -585,000 | |||||||||||||||||||||||||||||||||||||
interest income and other | 497,250 | 656,000 | ||||||||||||||||||||||||||||||||||||
change in fair value of redeemable convertible preferred stock tranche and warrant liabilities | ||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders | -3,052,000 | -4,825,000 | -14,979,000 | -14,101,000 | -11,248,000 | -7,377,000 | -7,323,000 |
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.
