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 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 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 
      
    		                                                
      revenues:
    		                                                
      product sales
    		94,993,000 80,817,000 91,507,000 71,870,000 77,251,000 73,805,000 62,489,000 51,656,000 42,349,000 42,179,000 44,229,000 28,908,000 32,503,000 30,832,000 26,684,000 20,208,000 21,950,000 18,346,000 16,513,000 12,960,000 11,215,000 8,066,000 6,479,000 7,170,000 4,215,000 4,902,000 3,934,000 3,464,000 2,748,000 2,275,000 1,315,000                  
      royalty revenue
    		64,940,000 85,679,000 47,785,000 93,007,000 62,243,000 73,221,000 46,344,000 75,736,000 55,703,000 46,331,000 4,882,000                                      
      total revenues
    		159,933,000 166,496,000 139,292,000 164,877,000 139,494,000 147,026,000 108,833,000 127,392,000 98,052,000 108,309,000 100,496,000 103,348,000 90,703,000 89,343,000 79,935,000 83,389,000 81,647,000 86,975,000 99,395,000 91,542,000 81,470,000 61,709,000 36,309,000 35,593,000 25,800,000 24,149,000 18,172,000 16,261,000 11,763,000 12,794,000 10,677,000                  
      yoy
    		14.65% 13.24% 27.99% 29.42% 42.27% 35.75% 8.30% 23.27% 8.10% 21.23% 25.72% 23.93% 11.09% 2.72% -19.58% -8.91% 0.22% 40.94% 173.75% 157.19% 215.78% 155.53% 99.81% 118.89% 119.33% 88.75% 70.20%                      
      qoq
    		-3.94% 19.53% -15.52% 18.20% -5.12% 35.09% -14.57% 29.92% -9.47% 7.77% -2.76% 13.94% 1.52% 11.77% -4.14% 2.13% -6.13% -12.50% 8.58% 12.36% 32.02% 69.96% 2.01% 37.96% 6.84% 32.89% 11.75% 38.24% -8.06% 19.83%                   
      operating expenses:
    		                                                
      cost of sales
    		27,991,000 23,002,000 28,662,000 16,894,000 21,021,000 21,280,000 17,533,000 12,051,000 10,987,000 9,914,000 12,257,000 5,319,000 8,631,000 8,270,000 6,100,000 3,509,000 4,175,000 3,136,000 5,188,000 5,481,000 2,348,000 1,803,000 -3,503,000 5,107,000 2,683,000 766,000 452,000 507,000 273,000 141,000 225,000                  
      gross profit
    		131,942,000 143,494,000 110,630,000 147,983,000 118,473,000 125,746,000 91,300,000 115,341,000 87,065,000 98,395,000 88,239,000 98,029,000 82,072,000 81,073,000 73,835,000 79,880,000 77,472,000 83,839,000 94,207,000 86,061,000 79,122,000 59,906,000 32,806,000 30,486,000 23,117,000 23,383,000 17,720,000 15,754,000 11,490,000 12,653,000 10,452,000                  
      yoy
    		11.37% 14.11% 21.17% 28.30% 36.07% 27.80% 3.47% 17.66% 6.08% 21.37% 19.51% 22.72% 5.94% -3.30% -21.62% -7.18% -2.09% 39.95% 187.16% 182.30% 242.27% 156.19% 85.14% 93.51% 101.19% 84.80% 69.54%                      
      qoq
    		-8.05% 29.71% -25.24% 24.91% -5.78% 37.73% -20.84% 32.48% -11.51% 11.51% -9.99% 19.44% 1.23% 9.80% -7.57% 3.11% -7.59% -11.01% 9.47% 8.77% 32.08% 82.61% 7.61% 31.88% -1.14% 31.96% 12.48% 37.11% -9.19% 21.06%                   
      gross margin %
    		82.50% 86.18% 79.42% 89.75% 84.93% 85.53% 83.89% 90.54% 88.79% 90.85% 87.80% 94.85% 90.48% 90.74% 92.37% 95.79% 94.89% 96.39% 94.78% 94.01% 97.12% 97.08% 90.35% 85.65% 89.60% 96.83% 97.51% 96.88% 97.68% 98.90% 97.89%                  
      research and development
    		216,212,000 164,736,000 165,772,000 187,766,000 170,109,000 161,503,000 178,487,000 160,557,000 157,245,000 164,949,000 165,698,000 170,808,000 237,297,000 154,529,000 143,155,000 123,013,000 113,417,000 113,205,000 147,518,000 131,100,000 87,314,000 80,709,000 112,961,000 83,061,000 100,144,000 96,045,000 78,105,000 71,618,000 70,041,000 76,835,000 75,504,000 61,527,000 60,412,000 58,436,000 51,269,000 50,746,000 48,711,000 43,332,000 40,415,000 44,565,000 29,704,000 23,104,000 17,364,000 13,521,000 12,854,000 11,239,000 8,353,000  
      selling, general and administrative
    		86,620,000 86,646,000 87,797,000 82,495,000 80,351,000 80,604,000 78,160,000 76,833,000 74,917,000 81,403,000 76,646,000 72,849,000 69,841,000 68,137,000 67,312,000 59,431,000 53,883,000 53,410,000 53,258,000 51,042,000 42,123,000 42,252,000 47,516,000 41,877,000 41,006,000 39,812,000 38,829,000 34,476,000 31,095,000 30,718,000 31,435,000                  
      total operating expenses
    		330,823,000 274,384,000 282,231,000 287,155,000 271,481,000 263,387,000 274,180,000 249,441,000 243,149,000 256,266,000 254,601,000 248,976,000 315,769,000 230,936,000 216,567,000 185,953,000 171,475,000 169,751,000 205,964,000 187,623,000 131,785,000 124,764,000 156,974,000 130,045,000 143,833,000 136,623,000 117,386,000 106,601,000 101,409,000 107,694,000 107,164,000 99,248,000 83,911,000 78,441,000 69,954,000 70,554,000 65,894,000 58,070,000 53,622,000 56,158,000 39,936,000 30,142,000 21,502,000 16,943,000 15,835,000 13,661,000 10,339,000  
      income from operations
    		-170,890,000 -107,888,000 -142,939,000 -122,278,000 -131,987,000 -116,361,000 -165,347,000 -122,049,000 -145,097,000 -147,957,000 -154,105,000 -145,628,000 -225,066,000 -141,593,000 -136,632,000 -102,564,000 -89,828,000 -82,776,000 -106,569,000 -96,081,000 -50,315,000 -63,055,000 -120,665,000 -94,452,000 -118,033,000 -112,474,000 -99,214,000 -90,340,000 -89,646,000 -94,900,000 -96,487,000 -96,834,000 -83,713,000 -78,441,000 -69,954,000 -70,549,000 -65,783,000 -58,053,000 -53,622,000 -56,158,000 -39,936,000 -30,142,000 -21,502,000 -16,943,000 -15,835,000 -13,661,000 -10,339,000  
      yoy
    		29.47% -7.28% -13.55% 0.19% -9.04% -21.35% 7.30% -16.19% -35.53% 4.49% 12.79% 41.99% 150.55% 71.06% 28.21% 6.75% 78.53% 31.28% -11.68% 1.72% -57.37% -43.94% 21.62% 4.55% 31.67% 18.52% 2.83% -6.71% 7.09% 20.98% 37.93% 37.26% 27.26% 35.12% 30.46% 25.63% 64.72% 92.60% 149.38% 231.45% 152.20% 120.64% 107.97%      
      qoq
    		58.40% -24.52% 16.90% -7.36% 13.43% -29.63% 35.48% -15.88% -1.93% -3.99% 5.82% -35.30% 58.95% 3.63% 33.22% 14.18% 8.52% -22.33% 10.92% 90.96% -20.20% -47.74% 27.75% -19.98% 4.94% 13.37% 9.82% 0.77% -5.54% -1.64% -0.36% 15.67% 6.72% 12.13% -0.84% 7.25% 13.32% 8.26% -4.52% 40.62% 32.49% 40.18% 26.91% 7.00% 15.91% 32.13%   
      operating margin %
    		-106.85% -64.80% -102.62% -74.16% -94.62% -79.14% -151.93% -95.81% -147.98% -136.61% -153.34% -140.91% -248.14% -158.48% -170.93% -122.99% -110.02% -95.17% -107.22% -104.96% -61.76% -102.18% -332.33% -265.37% -457.49% -465.75% -545.97% -555.56% -762.10% -741.75% -903.69%                  
      interest income
    		5,863,000 5,794,000 6,831,000 9,550,000 10,731,000 7,401,000 8,824,000 8,553,000 5,881,000 5,964,000 6,290,000 6,198,000 3,483,000 899,000 494,000 440,000 408,000 441,000 639,000 984,000 1,338,000 1,797,000 2,919,000 2,770,000 3,319,000 4,063,000 3,086,000 2,627,000 2,730,000 2,448,000 1,737,000 724,000 1,117,000 1,151,000 1,082,000 912,000 922,000 971,000 984,000 918,000 673,000 456,000 273,000 195,000 171,000 149,000 93,000  
      change in fair value of equity investments
    		678,000 -9,000 -157,000 -1,548,000 678,000 -3,991,000 3,746,000 1,889,000 -1,419,000 261,000 -334,000 1,840,000 -1,626,000 -10,184,000 -9,329,000 -16,100,000 25,702,000 -31,046,000 -20,619,000                              
      non-cash interest expense on liabilities for sales of future royalties
    		-14,148,000 -14,041,000 -14,342,000 -15,522,000 -15,712,000 -15,960,000 -15,847,000 -17,328,000 -17,665,000 -15,375,000 -15,636,000                                      
      other income
    		-1,043,000 2,140,000 837,000 -3,606,000 3,077,000 -1,829,000 -1,605,000 2,043,000 -699,000 -1,989,000 308,000 180,000 -1,105,000 -930,000 289,000 -410,000 -415,000 -67,000 -795,000 299,000 547,000 217,000 -456,000 154,000 -153,000 -376,000 -412,000 13,000 -147,000 -496,000 -4,958,000 -1,838,000 3,373,000 4,413,000 582,000 -1,615,000 -46,000 159,000 -119,000 20,000 31,000 -101,000 -150,000 10,000 -185,000 -73,000 -3,384,000  
      income before income taxes
    		-179,540,000 -114,004,000 -149,770,000 -133,404,000 -133,213,000 -130,740,000 -170,229,000 -126,892,000 -158,999,000 -159,096,000 -163,477,000 -153,284,000 -238,819,000 -157,860,000 -151,762,000 -122,438,000 -72,816,000 -121,965,000 -135,762,000 -23,941,000 -68,532,000 25,730,000 -118,616,000 -91,244,000 -112,701,000 -98,959,000 -96,540,000 -87,700,000 -87,063,000 -52,626,000 30,292,000 -97,948,000 -79,223,000 -72,877,000               
      benefit from income taxes
    		-873,000 -947,000 -1,310,000 -404,000 -303,000 -858,000 -455,000 3,702,000 -650,000 -732,000 -495,000 1,451,000 -6,287,000 -302,000 -558,000 -20,000 -182,000 -463,000 -379,000 -70,000 -313,000 -415,000 -409,000 -2,561,000 -293,000 -213,000 -216,000 -126,000 -247,000 -102,000 -39,000                  
      net income
    		-180,413,000 -114,951,000 -151,080,000 -133,385,000 -133,516,000 -131,598,000 -170,684,000 -123,190,000 -159,649,000 -159,828,000 -163,972,000 -151,833,000 -245,106,000 -158,162,000 -152,320,000 -122,458,000 -72,998,000 -122,428,000 -136,141,000 -24,011,000 -68,845,000 25,315,000 -119,025,000 -93,805,000 -112,994,000 -99,172,000 -96,756,000 -87,826,000 -87,310,000 -52,728,000 30,253,000 -81,731,000 -79,227,000 -72,891,000 -68,290,000 -71,287,000 -64,907,000 -56,923,000 -52,757,000 -55,220,000 -39,232,000 -29,787,000 -21,379,000 -16,738,000 -15,849,000 -13,585,000 -13,630,000  
      yoy
    		35.12% -12.65% -11.49% 8.28% -16.37% -17.66% 4.09% -18.86% -34.87% 1.05% 7.65% 23.99% 235.77% 29.19% 11.88% 410.01% 6.03% -583.62% 14.38% -74.40% -39.07% -125.53% 23.02% 6.81% 29.42% 88.08% -419.82% 7.46% 10.20% -27.66% -144.30% 14.65% 22.06% 28.05% 29.44% 29.10% 65.44% 91.10% 146.77% 229.91% 147.54% 119.26% 56.85%      
      qoq
    		56.95% -23.91% 13.27% -0.10% 1.46% -22.90% 38.55% -22.84% -0.11% -2.53% 7.99% -38.05% 54.97% 3.84% 24.39% 67.76% -40.37% -10.07% 466.99% -65.12% -371.95% -121.27% 26.89% -16.98% 13.94% 2.50% 10.17% 0.59% 65.59% -274.29% -137.02% 3.16% 8.69% 6.74% -4.20% 9.83% 14.03% 7.90% -4.46% 40.75% 31.71% 39.33% 27.73% 5.61% 16.67% -0.33%   
      net income margin %
    		-112.81% -69.04% -108.46% -80.90% -95.71% -89.51% -156.83% -96.70% -162.82% -147.57% -163.16% -146.91% -270.23% -177.03% -190.55% -146.85% -89.41% -140.76% -136.97% -26.23% -84.50% 41.02% -327.81% -263.55% -437.96% -410.67% -532.45% -540.10% -742.24% -412.13% 283.35%                  
      net income per share
    		-1.81 -1.17 -1.57 -1.38 -1.4 -1.52 -2.03 -1.44 -2.23 -2.25 -2.33 -2.16 -3.5 -2.26 -2.19 -1.79 -1.08  -2.03 -0.34 -1.13  -2.05 -1.62 -1.96 -1.72  -1.75 -1.74 -1.06  -1.9 -1.87 -1.72 -1.63 -1.75 -1.64 -1.46 -1.35 -1.45 -1.03 -0.83 -0.63 -0.52 -0.5 -0.45 -0.85  
      shares used in computing net income per share, basic and diluted
    		99,771,297 98,460,445 96,288,650 1,726,961 95,493,996 86,580,516 84,286,292                57,995,999 414,889 57,707,694 57,519,308  327,334 50,319,772 49,819,528  230,722 42,471,606 42,346,830 41,841,612 9,796,248.5 39,551,923 39,028,701 38,970,151          
      collaboration and license
    		         19,799,000 51,385,000 68,382,000 52,827,000 53,088,000 48,413,000 58,440,000 55,048,000 63,940,000 79,010,000 75,015,000 66,924,000 50,161,000 27,215,000 28,423,000 21,585,000 19,247,000 14,238,000 12,797,000 9,015,000 10,519,000 9,362,000                  
      weighted-average shares used for eps calculation
    		        71,664,493 70,897,991 70,368,478 69,914,225 70,054,173 69,925,358 69,516,668 67,795,540 67,875,363  67,102,342  60,687,177                            
      non-cash collaboration royalty revenue
    		           6,058,000 5,373,000 5,423,000 4,838,000 4,741,000 4,649,000 4,689,000 3,872,000 3,567,000 3,331,000 3,482,000 2,615,000                          
      non-cash interest expense on liabilities related to the sale of future royalties
    		           -6,785,250 -14,505,000                                    
      non-cash interest expense on liability related to the sale of future royalties
    		             -6,052,000 -6,584,000 -3,804,000 -8,683,000 -8,517,000 -8,418,000 -8,198,000 -8,582,000 -8,429,000 -8,082,000                          
      net income per share
    		-1.81 -1.17 -1.57 -1.38 -1.4 -1.52 -2.03 -1.44 -2.23 -2.25 -2.33 -2.16 -3.5 -2.26 -2.19 -1.79 -1.08  -2.03 -0.34 -1.13  -2.05 -1.62 -1.96 -1.72  -1.75 -1.74 -1.06  -1.9 -1.87 -1.72 -1.63 -1.75 -1.64 -1.46 -1.35 -1.45 -1.03 -0.83 -0.63 -0.52 -0.5 -0.45 -0.85  
      basic
    		                 -1.81    0.42     -1.82    0.63                  
      diluted
    		                 -1.81    0.41     -1.82    0.62                  
      weighted-average shares used for eps calculation
    		        71,664,493 70,897,991 70,368,478 69,914,225 70,054,173 69,925,358 69,516,668 67,795,540 67,875,363  67,102,342  60,687,177                            
      basic
    		                 67,607,752    59,995,617                           
      diluted
    		                 67,607,752    61,146,231                           
      change in fair value of investments in equity securities
    		                   22,837,000 -11,520,000                            
      change in fair value of investment in arcturus equity securities
    		                     95,200,000 7,668,000 1,419,000 2,166,000 9,828,000                       
      gain from sale of priority review vouchers
    		                             40,322,000                   
      gain from sale of priority review voucher
    		                              130,000,000                  
      shares used in computing net income per share:
    		                                                
      basic
    		                          53,209,215    48,190,511                  
      diluted
    		                          53,209,215    49,077,742                  
      other income, net:
    		                                                
      revenue
    		                               49,500 198,000   5,000 111,000 17,000           
      general and administrative
    		                               15,547,250 23,499,000 20,005,000 18,685,000 19,808,000 17,183,000 14,738,000 13,207,000 11,593,000 10,232,000 7,038,000 4,138,000 3,422,000 2,981,000 2,422,000 1,986,000  
      total other income
    		                               2,929,500 4,490,000 5,564,000 1,664,000 -703,000 876,000 1,130,000 865,000 938,000 704,000 355,000 123,000 205,000 -14,000 76,000 -3,291,000  
      income tax provision
    		                               -4,500 -4,000 -14,000               
      net income attributable to common stockholders
    		                                       -55,220,000 -39,232,000 -29,787,000 -21,379,000 -16,738,000 -15,849,000 -13,585,000 -18,438,000  
      shares used in computing net income per share attributable to common stockholders, basic and diluted
    		                                       696,005 38,268,632 35,937,442 34,008,830 1,058,621 31,631,385 30,055,943 21,582,435  
      interest expense
    		                                                
    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.