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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues: | |||||||||||||||||||||||||||||||
license and development services revenue | 20,000,000 | 152,000,000 | 20,000,000 | 51,000,000 | 41,000,000 | 28,000,000 | 135,000,000 | ||||||||||||||||||||||||
other collaboration revenue | 6,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 7,000,000 | 11,000,000 | 10,000,000 | 9,000,000 | 10,000,000 | 10,000,000 | 8,000,000 | 8,029,000 | 9,839,000 | 10,066,000 | 10,066,000 | ||||||||||||||||
total revenues | 26,000,000 | 160,000,000 | 28,000,000 | 26,000,000 | 48,000,000 | 39,000,000 | 145,000,000 | 31,000,000 | 32,000,000 | 29,000,000 | 25,000,000 | 33,655,000 | 33,581,000 | 26,759,000 | 18,005,000 | 7,095,750 | 9,461,000 | ||||||||||||||
operating expenses: | |||||||||||||||||||||||||||||||
research and development | 141,000,000 | 139,000,000 | 122,000,000 | 101,000,000 | 123,000,000 | 115,000,000 | 109,000,000 | 93,000,000 | 82,000,000 | 84,000,000 | 81,000,000 | 80,200,000 | 76,684,000 | 69,905,000 | 61,211,000 | 49,936,000 | 71,254,000 | 68,771,000 | 66,387,000 | 48,712,000 | 51,801,000 | 35,693,000 | 23,142,000 | 20,686,000 | 17,241,000 | 24,999,000 | 15,554,000 | 11,436,000 | 12,859,000 | 13,699,000 | 11,652,000 |
general and administrative | 27,000,000 | 29,000,000 | 28,000,000 | 28,000,000 | 30,000,000 | 30,000,000 | 32,000,000 | 29,000,000 | 30,000,000 | 28,000,000 | 30,000,000 | 27,896,000 | 26,294,000 | 25,836,000 | 23,974,000 | 23,296,000 | 16,343,000 | 16,826,000 | 15,821,000 | 12,787,000 | 11,177,000 | 11,432,000 | 7,008,000 | 6,591,000 | 7,758,000 | 5,911,000 | 4,969,000 | 3,610,000 | 3,577,000 | 3,450,000 | 2,929,000 |
impairment of long-lived assets | 20,000,000 | ||||||||||||||||||||||||||||||
total operating expenses | 168,000,000 | 168,000,000 | 150,000,000 | 129,000,000 | 153,000,000 | 145,000,000 | 161,000,000 | 122,000,000 | 112,000,000 | 112,000,000 | 111,000,000 | 108,096,000 | 102,978,000 | 95,741,000 | 85,185,000 | 73,232,000 | 87,597,000 | 85,597,000 | 82,208,000 | 61,499,000 | 62,978,000 | 47,125,000 | 30,150,000 | 27,277,000 | 24,999,000 | 30,910,000 | 20,523,000 | 15,046,000 | 16,436,000 | 17,149,000 | 14,581,000 |
income from operations | -142,000,000 | -8,000,000 | -122,000,000 | -103,000,000 | -105,000,000 | -106,000,000 | -16,000,000 | -91,000,000 | -80,000,000 | -83,000,000 | -86,000,000 | -74,441,000 | -69,397,000 | -68,982,000 | -67,180,000 | 281,267,000 | -78,136,000 | -76,136,000 | -72,747,000 | -52,012,000 | 1,552,000 | -45,375,000 | -28,400,000 | -17,527,000 | -23,249,000 | -29,160,000 | -18,773,000 | -13,484,000 | -12,145,000 | -15,899,000 | -13,331,000 |
yoy | 35.24% | -92.45% | 662.50% | 13.19% | 31.25% | 27.71% | -81.40% | 22.24% | 15.28% | 20.32% | 28.01% | -126.47% | -11.18% | -9.40% | -7.65% | -640.77% | -5134.54% | 67.79% | 156.15% | 196.75% | -106.68% | 55.61% | 51.28% | 29.98% | 91.43% | 83.41% | 40.82% | ||||
qoq | 1675.00% | -93.44% | 18.45% | -1.90% | -0.94% | 562.50% | -82.42% | 13.75% | -3.61% | -3.49% | 15.53% | 7.27% | 0.60% | 2.68% | -123.88% | -459.97% | 2.63% | 4.66% | 39.87% | -3451.29% | -103.42% | 59.77% | 62.04% | -24.61% | -20.27% | 55.33% | 39.22% | 11.03% | -23.61% | 19.26% | |
operating margin % | |||||||||||||||||||||||||||||||
non-operating income: | |||||||||||||||||||||||||||||||
interest and other income | 10,000,000 | 10,000,000 | 11,000,000 | 12,000,000 | 14,000,000 | 13,000,000 | 13,000,000 | 11,000,000 | 12,000,000 | 9,000,000 | 9,000,000 | 7,544,000 | 5,013,000 | 2,861,000 | 582,000 | 176,000 | 161,000 | 166,000 | 154,000 | 159,000 | 270,000 | 301,000 | 647,000 | 929,000 | 1,254,000 | 1,482,000 | 1,534,000 | 846,000 | 1,333,000 | 2,366,000 | 377,000 |
interest expense | -3,000,000 | -2,000,000 | -1,000,000 | -2,000,000 | -1,000,000 | ||||||||||||||||||||||||||
total non-operating income | 7,000,000 | 8,000,000 | 10,000,000 | 10,000,000 | 13,000,000 | 13,000,000 | 12,000,000 | 11,000,000 | 11,000,000 | 9,000,000 | 8,000,000 | 6,981,000 | 4,478,000 | 2,350,000 | 191,000 | -84,000 | 161,000 | 166,000 | 154,000 | 159,000 | 270,000 | 301,000 | 647,000 | 929,000 | 897,000 | 1,070,000 | 1,103,000 | ||||
income before income taxes | -135,000,000 | -112,000,000 | -93,000,000 | -92,000,000 | -93,000,000 | -4,000,000 | -80,000,000 | -69,000,000 | -74,000,000 | -78,000,000 | |||||||||||||||||||||
income tax expense | -1,000,000 | -2,000,000 | -1,000,000 | -2,000,000 | 4,000 | -1,004,000 | |||||||||||||||||||||||||
net income | -135,000,000 | -112,000,000 | -94,000,000 | -92,000,000 | -93,000,000 | -4,000,000 | -81,000,000 | -71,000,000 | -75,000,000 | -80,000,000 | -67,456,000 | -64,919,000 | -66,632,000 | -67,993,000 | 279,368,000 | -77,975,000 | -75,970,000 | -72,593,000 | -51,853,000 | 1,822,000 | -45,074,000 | -27,753,000 | -16,598,000 | -22,352,000 | -28,090,000 | -17,670,000 | -12,295,000 | -10,812,000 | -13,533,000 | -12,954,000 | |
yoy | 46.74% | 2700.00% | 16.05% | 29.58% | 24.00% | -95.00% | 20.08% | 9.37% | 12.56% | 17.66% | -124.15% | -16.74% | -12.29% | -6.34% | -638.77% | -4379.64% | 68.55% | 161.57% | 212.41% | -108.15% | 60.46% | 57.06% | 35.00% | 106.73% | 107.57% | 36.41% | |||||
qoq | 19.15% | 2.17% | -1.08% | 2225.00% | -95.06% | 14.08% | -5.33% | -6.25% | 18.60% | 3.91% | -2.57% | -2.00% | -124.34% | -458.28% | 2.64% | 4.65% | 40.00% | -2945.94% | -104.04% | 62.41% | 67.21% | -25.74% | -20.43% | 58.97% | 43.72% | 13.72% | -20.11% | 4.47% | |||
net income margin % | |||||||||||||||||||||||||||||||
net income per share | -0.695 | -0.9 | -0.93 | -0.96 | 4.04 | -1.11 | -1.09 | -1.08 | -0.87 | 0.03 | -0.93 | -0.63 | -0.37 | -0.51 | -0.64 | -0.41 | -0.27 | -0.25 | -0.32 | -1.37 | |||||||||||
basic and diluted | -1.27 | -1.14 | -1.03 | -1 | -1.02 | -0.05 | -0.768 | -0.94 | -1.04 | -1.09 | |||||||||||||||||||||
shares used to compute net income per share: | |||||||||||||||||||||||||||||||
basic and diluted | 106.5 | 98.4 | 0.5 | 91.4 | 91.1 | 86.2 | 18.4 | 74.6 | 73.2 | 73 | |||||||||||||||||||||
net income per share | -0.695 | -0.9 | -0.93 | -0.96 | 4.04 | -1.11 | -1.09 | -1.08 | -0.87 | 0.03 | -0.93 | -0.63 | -0.37 | -0.51 | -0.64 | -0.41 | -0.27 | -0.25 | -0.32 | -1.37 | |||||||||||
basic | |||||||||||||||||||||||||||||||
diluted | |||||||||||||||||||||||||||||||
shares used to compute net income per share: | |||||||||||||||||||||||||||||||
basic | 106.1 | ||||||||||||||||||||||||||||||
diluted | 106.5 | ||||||||||||||||||||||||||||||
effective interest on liability for sale of future royalties | -1,000,000 | -1,000,000 | -1,000,000 | -563,000 | -535,000 | -511,000 | -391,000 | ||||||||||||||||||||||||
license and development service revenue | 22,000,000 | 22,000,000 | 19,000,000 | 17,000,000 | 25,626,000 | 23,742,000 | 16,693,000 | 7,939,000 | |||||||||||||||||||||||
net income before income taxes | -49,635,000 | -64,919,000 | -66,632,000 | -66,989,000 | |||||||||||||||||||||||||||
other comprehensive loss | -2,135,000 | -2,557,000 | -2,584,000 | -3,399,000 | -55,000 | ||||||||||||||||||||||||||
comprehensive loss | -52,021,000 | -67,476,000 | -69,216,000 | -71,392,000 | -76,014,000 | -72,639,000 | -45,218,000 | -27,529,000 | -16,587,000 | -22,411,000 | -28,006,000 | -17,534,000 | -12,294,000 | -10,837,000 | -13,519,000 | -13,009,000 | |||||||||||||||
net income per share | -0.695 | -0.9 | -0.93 | -0.96 | 4.04 | -1.11 | -1.09 | -1.08 | -0.87 | 0.03 | -0.93 | -0.63 | -0.37 | -0.51 | -0.64 | -0.41 | -0.27 | -0.25 | -0.32 | -1.37 | |||||||||||
weighted-average number of shares used to compute basic and diluted net income per share | 72,236,283 | 71,814,232 | 71,194,778 | 69,745,297 | 67,082,161 | 54,787,118 | 48,556,843 | 44,282,607 | 43,825,991 | 43,939,281 | 43,797,718 | 43,508,592 | 34,618,237 | 42,838,098 | 42,533,641 | 9,488,352 | |||||||||||||||
license revenue | |||||||||||||||||||||||||||||||
collaboration revenue | 7,095,750 | 9,461,000 | 9,461,000 | 9,461,000 | |||||||||||||||||||||||||||
gain on deemed sale from equity method investee | 131,000 | 482,000 | |||||||||||||||||||||||||||||
share of income from equity method investee | -131,000 | -482,000 | -357,000 | -412,000 | -431,000 | ||||||||||||||||||||||||||
other comprehensive income | -1,169,000 | -46,000 | -44,000 | -46,000 | -37,000 | -63,000 | -144,000 | 224,000 | 11,000 | -59,000 | 84,000 | 136,000 | -16,500 | -25,000 | 14,000 | ||||||||||||||||
comprehensive income | 278,199,000 | -78,021,000 | -17,747,000 | 1,759,000 | |||||||||||||||||||||||||||
weighted-average number of shares used to compute basic net income per share | 69,345,490 | 70,110,138 | 62,599,193 | ||||||||||||||||||||||||||||
weighted-average number of shares used to compute diluted net income per share | 73,966,267 | 70,110,138 | 65,145,707 | ||||||||||||||||||||||||||||
total collaboration and license revenues | 9,461,000 | 9,461,000 | |||||||||||||||||||||||||||||
collaboration and license revenue | 17,007,500 | 64,530,000 | 1,750,000 | 1,750,000 | 9,750,000 | 1,750,000 | 1,750,000 | 1,750,000 | 1,562,000 | 4,291,000 | 1,250,000 | 1,250,000 | |||||||||||||||||||
operation expenses: |
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.
