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 
      
    		                        
      operating expenses:
    		                        
      research and development
    		262,506,000 224,134,000 205,749,000 188,096,000 151,752,000 134,932,000 118,021,000 148,481,000 107,735,000 97,981,000 68,947,000 66,127,000 69,455,000 61,001,000 56,490,000 53,681,000 46,473,000 45,936,000 40,858,000 37,006,000 34,871,000 32,918,000 27,457,000  
      general and administrative
    		52,763,000 40,580,000 35,011,000 28,214,000 23,960,000 21,711,000 22,838,000 32,244,000 15,513,000 14,640,000 13,224,000 10,910,000 10,434,000 10,204,000 9,037,000 8,692,000 7,791,000 7,297,000 6,670,000 5,825,000 5,341,000 5,091,000 5,171,000  
      total operating expenses
    		315,269,000 264,714,000 240,760,000 216,310,000 175,712,000 156,643,000 140,859,000 180,725,000 123,248,000 112,621,000 82,171,000 77,037,000 79,889,000 71,205,000 65,527,000 62,373,000 54,264,000 53,233,000 47,528,000 42,831,000 40,212,000 38,009,000 32,628,000  
      income from operations
    		-315,269,000 -264,714,000 -240,760,000 -216,310,000 -175,712,000 -156,643,000 -140,859,000 -179,983,000 -123,248,000 -108,797,000 -75,157,000 -61,707,000 -76,533,000 -62,089,000 -57,949,000 -52,913,000 -53,163,000 -44,535,000 -37,397,000 -34,080,000 -27,551,000 -27,984,000 -21,082,000  
      yoy
    		79.42% 68.99% 70.92% 20.18% 42.57% 43.98% 87.42% 191.67% 61.04% 75.23% 29.70% 16.62% 43.96% 39.42% 54.96% 55.26% 92.96% 59.14% 77.39%      
      qoq
    		19.10% 9.95% 11.30% 23.10% 12.17% 11.21% -21.74% 46.03% 13.28% 44.76% 21.80% -19.37% 23.26% 7.14% 9.52% -0.47% 19.37% 19.09% 9.73% 23.70% -1.55% 32.74%   
      operating margin %
    		       -24256.47%  -2845.11% -1071.53% -402.52% -2280.48% -681.10% -764.70% -559.33% -4828.61% -512.01% -369.13% -389.44% -217.61% -279.14% -182.59%  
      non-operating income:
    		                        
      interest income
    		22,083,000 22,404,000 24,915,000 21,225,000 20,411,000 21,487,000 23,760,000 18,977,000 10,947,000 10,499,000 7,059,000 5,077,000 2,907,000 867,000 302,000 237,000 223,000 236,000 233,000 252,000 347,000 730,000 909,000  
      interest expense
    		-11,428,000                  -12,000      
      change in fair value of warrant liabilities and contingent earn-out shares
    		-592,000 -4,578,000 2,439,000 1,135,750 -1,269,000 1,907,000 3,905,000                  
      other income
    		  -10,000 -17,000 282,000 16,000 -2,809,000                  
      total non-operating income
    		10,063,000                        
      income before income taxes
    		-305,206,000 -247,787,000 -213,416,000 -195,322,000 -156,288,000 -133,233,000 -116,003,000 -161,194,000 -112,301,000 -98,298,000 -68,098,000 -56,630,000 -73,626,000 -61,222,000 -57,647,000 -52,676,000 -52,940,000 -44,299,000 -37,176,000 -33,842,000 -27,221,000 -27,273,000 -20,194,000  
      net income
    		-305,206,000 -247,787,000 -213,416,000 -194,569,000 -156,288,000 -133,233,000 -116,003,000 -161,537,000 -108,434,000 -98,298,000 -68,098,000 -56,507,000 -73,329,000 -61,222,000 -57,647,000 -52,676,000 -52,940,000 -44,299,000 -37,176,000 -34,204,000 -27,221,000 -27,215,000 -19,519,000  
      yoy
    		95.28% 85.98% 83.97% 20.45% 44.13% 35.54% 70.35% 185.87% 47.87% 60.56% 18.13% 7.27% 38.51% 38.20% 55.07% 54.01% 94.48% 62.77% 90.46%      
      qoq
    		23.17% 16.11% 9.69% 24.49% 17.30% 14.85% -28.19% 48.97% 10.31% 44.35% 20.51% -22.94% 19.78% 6.20% 9.44% -0.50% 19.51% 19.16% 8.69% 25.65% 0.02% 39.43%   
      net income margin %
    		       -21770.49%  -2570.55% -970.89% -368.60% -2185.01% -671.59% -760.72% -556.83% -4808.36% -509.30% -366.95% -390.86% -215.00% -271.47% -169.05%  
      net income per share
    		-1.61 -1.31 -1.13 -1.13 -0.94 -0.81 -0.7 -1.21 -0.99 -0.92 -0.72 -0.61 -0.87 -0.82 -0.78 -0.72 -0.72 -0.6 -0.53 -0.52 -0.42 -0.46 -0.74  
      weighted-average common shares used to compute net income per share, basic and diluted
    		189,231,562 188,583,288 188,145,904 167,737,672 166,843,984 165,141,936 164,729,200 113,149,869 109,233,084 106,884,185 94,831,979 80,626,525 84,694,860 74,280,590 74,162,363 72,806,079 73,535,686 73,399,714 70,420,076 54,874,119 64,892,868 58,752,494 29,297,698  
      comprehensive loss:
    		                        
      other comprehensive gain:
    		                        
      unrealized gain on investments
    		1,814  386 -2,491 5,675 -665 -1,742 1,415 380 -695 1,224              
      comprehensive loss
    		-303,392 -248,192 -213,030 -197,060 -150,613 -133,898 -117,745 -160,122 -108,054 -98,993 -66,874              
      other income, net:
    		                        
      interest and other income
    		 -899,000                  -14,250 -17,000 -19,000 -21,000  
      total other income
    		 16,927,000 27,344,000 20,988,000 19,424,000 23,410,000 24,856,000 18,789,000 10,947,000 10,499,000 7,059,000 5,077,000 2,907,000 867,000 302,000 170,000 223,000 236,000 221,000 238,000 330,000 711,000 888,000  
      other comprehensive loss:
    		                        
      unrealized loss on investments
    		 -405                       
      revenue:
    		                        
      collaboration revenue
    		       742,000  3,824,000 7,014,000 15,330,000 3,356,000 9,116,000 7,578,000 9,460,000 1,101,000 8,698,000 10,131,000      
      total revenue
    		       742,000  3,824,000 7,014,000 15,330,000 3,356,000 9,116,000 7,578,000 9,460,000 1,101,000 8,698,000 10,131,000 8,751,000 12,661,000 10,025,000 11,546,000  
      yoy
    		       -95.16%  -58.05% -7.44% 62.05% 204.81% 4.81% -25.20% 8.10% -91.30% -13.24% -12.26%      
      qoq
    		         -45.48% -54.25% 356.79% -63.19% 20.30% -19.89% 759.22% -87.34% -14.14% 15.77% -30.88% 26.29% -13.17%   
      benefit from income taxes
    		           123,000 297,000       -362,000  58,000 675,000  
      benefit from income taxes/
    		       966,750 3,867,000                
      redeemable convertible preferred stock dividends - undeclared and cumulative
    		                      -2,219,000  
      net income attributable to common stockholders
    		               -52,676,000 -52,940,000 -44,299,000 -37,176,000 -34,204,000 -27,221,000 -27,215,000 -21,738,000  
      collaboration revenue, related party
    		                   8,751,000 12,661,000 10,025,000 11,546,000  
    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.