7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 
      
    		                    
      operating expenses:
    		                    
      research and development
    		92,074,000 101,177,000 95,589,000 104,384,000 96,994,000 97,746,000 83,847,000 96,397,000 88,154,000 86,453,000 76,941,000 83,375,000 87,582,000 65,133,000 61,345,000 46,788,000 39,467,000 35,776,000 29,465,000  
      general and administrative
    		22,919,000 22,409,000 27,986,000 24,307,000 33,164,000 36,711,000 48,054,000 28,243,000 32,716,000 37,089,000 33,037,000 30,059,000 33,072,000 30,740,000 29,312,000 20,349,000 14,365,000 13,846,000 15,210,000  
      total operating expenses
    		114,993,000 123,586,000 123,575,000 128,691,000 130,158,000 134,457,000 131,901,000 124,640,000 120,870,000 123,542,000 109,978,000 113,434,000 120,654,000 95,873,000 90,657,000 67,137,000 53,832,000 49,622,000 44,675,000  
      income from operations
    		-114,993,000 -123,586,000 -123,575,000 -128,691,000 -130,158,000 -134,457,000 -131,901,000 -124,640,000 -120,870,000 -123,542,000 -109,978,000 -113,434,000 -120,654,000 -95,873,000 -90,657,000 -67,137,000 -53,832,000 -49,622,000 -44,675,000  
      yoy
    		-11.65% -8.09% -6.31% 3.25% 7.68% 8.84% 19.93% 9.88% 0.18% 28.86% 21.31% 68.96% 124.13% 93.21% 102.93%      
      qoq
    		-6.95% 0.01% -3.98% -1.13% -3.20% 1.94% 5.83% 3.12% -2.16% 12.33% -3.05% -5.98% 25.85% 5.75% 35.03% 24.72% 8.48% 11.07%   
      operating margin %
    		                    
      other income:
    		                    
      interest expense
    		-503,000 -516,000 -528,000 -540,000 -550,000 -562,000 -572,000 -582,000 -593,000 -602,000 -600,000 -592,000 -600,000 -607,000 -600,000 -822,000 -359,000 -238,000   
      interest income
    		9,997,000 8,940,000 9,769,000 10,596,000 11,347,000 12,016,000 12,065,000 12,413,000 10,479,000 7,319,000 6,277,000 5,092,000 3,487,000 1,510,000 816,000 682,000 605,000 349,000 247,000  
      other income
    		-325,000 464,000 -89,000 3,973,000 -338,000 50,000 -220,000 -530,000 382,000 318,000 -330,000 -119,000 114,000 133,000 88,000 50,000 3,000 -5,000 103,000  
      total other income
    		9,169,000 8,888,000 9,152,000 14,029,000 10,459,000 11,504,000 11,273,000 11,301,000 10,268,000 7,035,000 5,347,000 4,381,000 3,001,000 1,036,000 304,000 -90,000 69,183,000 130,610,000 -30,414,000  
      net income
    		-105,824,000 -114,698,000 -114,423,000 -114,662,000 -119,699,000 -122,953,000 -120,628,000 -113,339,000 -110,602,000 -116,507,000 -104,631,000 -109,053,000 -117,653,000 -94,837,000 -90,353,000 -67,227,000 15,351,000 80,988,000 -75,089,000  
      yoy
    		-11.59% -6.71% -5.14% 1.17% 8.22% 5.53% 15.29% 3.93% -5.99% 22.85% 15.80% 62.22% -866.42% -217.10% 20.33%      
      qoq
    		-7.74% 0.24% -0.21% -4.21% -2.65% 1.93% 6.43% 2.47% -5.07% 11.35% -4.05% -7.31% 24.06% 4.96% 34.40% -537.93% -81.05% -207.86%   
      net income margin %
    		                    
      less: net income attributable to non-controlling interest, net of tax of 0
    		    -127,000 22,000 20,000 21,000 15,000 14,000 16,000    -1,000 -1,000     
      net income attributable to common stockholders
    		-105,824,000 -114,698,000 -114,423,000 -114,662,000 -119,572,000 -122,975,000 -120,648,000 -113,360,000 -110,617,000 -116,521,000 -104,647,000 -109,066,000 -117,660,000 -94,829,000 -90,352,000 -67,226,000 15,351,000 80,988,000 -75,079,000  
      other comprehensive income:
    		                    
      unrealized gain on marketable securities
    		656,000 -213,000 -328,000 -511,000 1,458,000 868,000 1,490,000 3,446,000 3,392,000 2,640,000 5,518,000 -4,467,500 -2,933,000  -11,616,000 -3,579,000 65,000 -837,000 174,000  
      total comprehensive loss
    		-105,168,000 -114,911,000 -114,751,000 -115,173,000 -118,241,000 -122,085,000 -119,138,000 -109,893,000 -107,210,000 -113,867,000 -99,113,000    -101,969,000    -74,915,000  
      less: comprehensive loss attributable to non-controlling interest
    		             -8,000 -1,000 -2,500   -10,000  
      comprehensive loss attributable to common stockholders
    		-105,168,000 -114,911,000 -114,751,000 -115,173,000 -118,114,000 -122,107,000 -119,158,000 -109,914,000 -107,225,000 -113,881,000 -99,129,000    -101,968,000    -74,905,000  
      basic and diluted net income per share
    		-0.18 -0.2 -0.21 -0.22 -0.23 -0.25 -0.24 -0.183 -0.23 -0.26 -0.24    -0.21    -0.2  
      basic and diluted weighted-average common shares outstanding
    		588,728 561,698 548,006 508,102 508,957 501,232 496,145  471,752 445,324 440,085    429,335    368,783,516  
      less: comprehensive income attributable to non-controlling interest
    		    -127,000 22,000 20,000 21,000 15,000 14,000 16,000 13,000 7,000        
      change in fair value of assumed common stock warrant liabilities
    		                68,934,000 130,504,000 -30,764,000  
      less: net income attributable to non-controlling interest, net of tax of 0 for the three and nine months ended september 2022 and 2021
    		           -500 7,000        
      total comprehensive income
    		           -80,178,250 -120,586,000 -98,158,000  5,163,000 15,416,000 80,151,000   
      comprehensive income attributable to common stockholders
    		           -80,177,750 -120,593,000 -98,150,000  5,165,500 15,416,000 80,151,000   
      net income per share
    		                    
      basic
    		           -0.25 -0.27 -0.22  -0.16 0.04 0.2   
      diluted
    		           -0.25 -0.27 -0.22  -0.16 -0.13 -0.12   
      weighted-average shares used for eps calculation
    		                    
      basic
    		       462,239    432,973 434,051 431,523  404,259 417,829 404,957   
      diluted
    		       462,239    432,973 434,051 431,523  409,509 420,649 410,372   
      less: net income attributable to non-controlling interest, net of tax of 0 for the three and six months ended june 2022 and 2021
    		             -8,000       
      unrealized loss on marketable securities
    		             -3,321,000       
      change in fair value of series f convertible preferred stock tranche liabilities
    		                    
      less: net income attributable to non-controlling interest, net of tax of 0 for the three and six months ended june 30, 2021 and 2020
    		                    
      less: net income attributable to non-controlling interest, net of tax of 0 for the three months ended march 31, 2021 and 2020
    		                  -10,000  
    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.