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 
      
    		                     
      operating expenses:
    		                     
      research and development
    		131,096,000 208,021,000 51,265,000 51,382,000 37,724,000 30,798,000 30,873,000 24,814,000 15,323,000 9,451,000 9,883,000 5,386,000 17,049,000 9,008,000 20,556,000 23,107,000 19,943,000 23,923,000 18,379,000 94,253,000 -14,387,000 
      acquired in-process research and development
    		                     
      general and administrative
    		103,115,000 360,416,000 15,586,000 14,437,000 20,390,000 13,971,000 11,729,000 11,575,000 5,434,000 6,316,000 6,940,000 7,578,000 5,573,000 6,933,000 6,659,000 7,780,000 5,662,000 5,984,000 4,185,000 32,662,000 -7,460,000 
      total operating expenses
    		234,211,000 568,437,000 66,851,000 65,819,000 58,114,000 59,776,000 42,602,000 36,389,000 20,757,000 15,767,000 537,738,000 21,432,000 22,622,000 15,941,000 27,215,000 30,887,000 25,605,000 29,907,000 22,564,000 128,633,000 -22,706,000 
      other income
    		2,418,000 2,729,000 3,938,000 13,097,000 2,124,000 -768,000 -1,084,000 -357,000 -776,000 1,077,000 -5,222,000 1,070,000 -4,445,000 -4,079,000 761,000 -1,052,000 -113,000 -686,000 -565,000 -13,000 416,000 
      interest expense
    		                     
      net income
    		-231,793,000 -565,708,000 -62,913,000 -61,203,000 -56,254,000 -60,385,000 -43,473,000 -36,567,000 -21,268,000 -14,717,000 -542,376,000 -19,229,000 -21,385,000 -16,771,000 -21,397,000 -27,099,000 -19,599,000 -24,416,000 -17,488,000 -13,442,000 -17,701,000 
      yoy
    		312.05% 836.84% 44.72% 67.37% 164.50% 310.31% -91.98% 90.17% -0.55% -12.25% 2434.82% -29.04% 9.11% -31.31% 22.35% 101.60% 10.72%     
      qoq
    		-59.03% 799.19% 2.79% 8.80% -6.84% 38.90% 18.89% 71.93% 44.51% -97.29% 2720.61% -10.08% 27.51% -21.62% -21.04% 38.27% -19.73% 39.62% 30.10% -24.06%  
      net income margin %
    		            -9720.45% -7136.60% -8558.80% -10796.41% -1497.25% -42835.09% -9108.33% -7265.95% -9779.56% 
      net income per share
    		                     
      basic and diluted
    		-0.31 -0.76 -0.09 -0.09 -0.08 -0.09 -0.06 -0.01 -0.03 -0.02 -1.43 0.11 -0.14 -0.17 -0.22 -0.28 -0.2     
      weighted-average common shares outstanding:
    		                     
      basic and diluted
    		743,415,917 742,615,007 738,076,003 718,541,896 726,656,045 707,904,643 701,785,250 619,646,180 697,739,477 697,685,365 378,163,980 193,336,063 148,582,751 99,654,092 98,070,095 92,239,306 97,452,628 90,650,854 82,817,836   
      other comprehensive gain:
    		                     
      foreign currency translation adjustments
    		43 -189 -145 235 -155 92 -12 -152 108 -76 -51 1,324 -49 789 -1,760 1,245 -863     
      reclassification of unrealized loss on short-term investments to other income
    		                     
      unrealized gain on short-term investments
    		                     
      comprehensive loss
    		-231,750 -565,897 -63,191 -61,180 -56,063 -60,335 -43,474 -36,692 -21,154 -15,758 -541,878 -17,905 -21,434 -15,982 -23,157 -25,854 -20,462 -23,876 -16,813   
      other comprehensive loss:
    		                     
      unrealized loss on short-term investments
    		                     
      unrealized (loss)/gains on short-term investments
    		  -133                   
      revenue
    		            220,000 235,000 250,000 251,000 1,309,000 57,000 192,000 185,000 181,000 
      yoy
    		            -83.19% 312.28% 30.21% 35.68% 623.20%     
      qoq
    		            -6.38% -6.00% -0.40% -80.83% 2196.49% -70.31% 3.78% 2.21%  
      other operating income
    		   205,000 -264,000 159,000 213,000 179,000 265,000 -27,000 584,000 1,133,000 5,462,000 3,014,000 4,807,000 4,589,000 4,810,000 6,120,000 5,449,000 4,363,000 4,309,000 
      operating income
    		   -65,614,000 -58,378,000 -59,617,000 -42,389,000 -36,210,000 -20,492,000 -15,794,000 -537,154,000 -20,299,000 -16,940,000 -12,692,000 -22,158,000 -26,047,000 -19,486,000 -23,730,000 -16,923,000 -9,911,000 -18,216,000 
      yoy
    		   81.20% 184.88% 277.47% -92.11% 78.38% 20.97% 24.44% 2324.20% -22.07% -13.07% -46.51% 30.93% 162.81% 6.97%     
      qoq
    		   12.40% -2.08% 40.64% 17.06% 76.70% 29.75% -97.06% 2546.21% 19.83% 33.47% -42.72% -14.93% 33.67% -17.88% 40.22% 70.75% -45.59%  
      operating margin %
    		            -7700.00% -5400.85% -8863.20% -10377.29% -1488.62% -41631.58% -8814.06% -5357.30% -10064.09% 
      weighted-average shares used for eps calculation
    		                     
      basic and diluted
    		743,415,917 742,615,007 738,076,003 718,541,896 726,656,045 707,904,643 701,785,250 619,646,180 697,739,477 697,685,365 378,163,980 193,336,063 148,582,751 99,654,092 98,070,095 92,239,306 97,452,628 90,650,854 82,817,836   
      comprehensive loss:
    		                     
      other comprehensive income:
    		                     
      reclassification of cumulative currency translation gain to other income
    		          -419           
      net unrealized gains on short-term investments
    		   78 346                 
      acquired in process research and development
    		     15,007,000                
      reclassification of unrealized loss on investments to other income
    		     3                
      net changes related to short-term investments
    		     -45 11 2.25 6 -965            
      in-process research and development
    		          520,915,000           
      unrealized gain on investments
    		          968           
      impairment of intangible assets
    		                     
      income before income tax
    		               -27,099,000 -19,599,000 -24,416,000  -9,837,000 -17,800,000 
      income tax benefit
    		                   23,250 99,000 
      loss per share:
    		                     
      basic and diluted
    		                 -0.27 -0.21   
      change in foreign currency translation adjustment
    		                 540 675   
      income before income tax expense
    		                  -17,488,000   
      income tax expense
    		                     
      other comprehensive income /
    		                     
      operating expenses
    		                     
      impairment
    		                   -214,750 -859,000 
      basic loss per share
    		                   -0.145 -0.26 
      diluted loss per share
    		                   -0.145 -0.26 
      foreign currency translation adjustment
    		                   -578 2,255 
      total comprehensive loss
    		                   -10,391.75 -15,446 
    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.