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 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue: | |||||||||||||||||||||||||||||||||||||||
product revenue | 32,007,000 | 28,600,000 | 20,042,000 | ||||||||||||||||||||||||||||||||||||
collaboration revenue | 13,864,000 | 9,358,000 | |||||||||||||||||||||||||||||||||||||
milestone and license revenue | 4,000,000 | 12,500,000 | 3,500,000 | ||||||||||||||||||||||||||||||||||||
total revenues | 45,871,000 | 37,958,000 | 20,042,000 | 4,000,000 | 12,500,000 | 3,500,000 | 126,576,000 | 12,375,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 1,193,000 | 305,000 | 305,000 | 305,000 | 305,000 | 305,000 | 305,000 | 305,000 | |||||||||
yoy | 266.97% | 984.51% | 33297.36% | 3165.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -68.23% | 24.26% | 24.26% | 24.26% | 291.15% | 0.00% | 0.00% | 0.00% | |||||||||||||||||
qoq | 20.85% | 89.39% | 401.05% | -68.00% | 257.14% | 922.84% | 3165.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -68.23% | 291.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||||||||
operating expenses: | |||||||||||||||||||||||||||||||||||||||
cost of product sales | 2,100,000 | 1,279,000 | 885,000 | ||||||||||||||||||||||||||||||||||||
research and development | 56,280,000 | 62,227,000 | 61,636,000 | 65,529,000 | 70,971,000 | 48,655,000 | 56,492,000 | 55,126,000 | 39,087,000 | 34,764,000 | 34,054,000 | 31,841,000 | 26,901,000 | 29,734,000 | 30,022,000 | 23,900,000 | 25,606,000 | 16,871,000 | 21,870,000 | 15,522,000 | 14,408,000 | 10,943,000 | 9,562,000 | 9,502,000 | 9,923,000 | 12,290,000 | 11,279,000 | 15,820,000 | 14,095,000 | 14,851,000 | 15,339,000 | 16,598,000 | 12,188,000 | 9,862,000 | 9,552,000 | 8,474,000 | 12,274,000 | 6,131,000 | 4,786,000 |
selling, general and administrative | 44,917,000 | 43,805,000 | 41,031,000 | 37,690,000 | 31,106,000 | 29,061,000 | 23,022,000 | ||||||||||||||||||||||||||||||||
total operating expenses | 103,297,000 | 107,311,000 | 103,799,000 | 104,045,000 | 102,077,000 | 77,716,000 | 79,514,000 | 77,905,000 | 56,355,000 | 49,678,000 | 46,015,000 | 42,033,000 | 35,141,000 | 37,724,000 | 36,858,000 | 30,827,000 | 32,407,000 | 22,713,000 | 27,542,000 | 20,240,000 | 20,232,000 | 16,989,000 | 15,479,000 | 14,584,000 | 13,528,000 | 15,753,000 | 15,190,000 | 19,712,000 | 18,220,000 | 19,330,000 | 20,130,000 | 20,682,000 | 15,751,000 | 14,147,000 | 13,482,000 | 11,446,000 | 15,543,000 | 8,939,000 | 9,058,000 |
income from operations | -57,426,000 | -69,353,000 | -83,757,000 | -96,365,000 | -89,577,000 | -74,216,000 | -79,514,000 | -77,905,000 | -56,355,000 | -49,678,000 | -46,015,000 | -42,033,000 | -35,141,000 | -37,724,000 | -36,858,000 | 95,749,000 | -20,032,000 | -22,334,000 | -27,163,000 | -19,861,000 | -19,853,000 | -16,610,000 | -15,100,000 | -14,205,000 | -13,149,000 | -15,374,000 | -14,811,000 | -19,333,000 | -17,841,000 | -18,951,000 | -19,751,000 | -19,489,000 | -15,446,000 | -13,842,000 | -13,177,000 | -11,141,000 | -15,238,000 | -8,634,000 | -8,753,000 |
yoy | -35.89% | -6.55% | 5.34% | 23.70% | 58.95% | 49.39% | 72.80% | 85.34% | 60.37% | 31.69% | 24.84% | -143.90% | 75.42% | 68.91% | 35.69% | -582.10% | 0.90% | 34.46% | 79.89% | 39.82% | 50.98% | 8.04% | 1.95% | -26.52% | -26.30% | -18.87% | -25.01% | -0.80% | 15.51% | 36.91% | 49.89% | 74.93% | 1.37% | 60.32% | 50.54% | ||||
qoq | -17.20% | -17.20% | -13.08% | 7.58% | 20.70% | -6.66% | 2.07% | 38.24% | 13.44% | 7.96% | 9.47% | 19.61% | -6.85% | 2.35% | -138.49% | -577.98% | -10.31% | -17.78% | 36.77% | 0.04% | 19.52% | 10.00% | 6.30% | 8.03% | -14.47% | 3.80% | -23.39% | 8.36% | -5.86% | -4.05% | 1.34% | 26.18% | 11.59% | 5.05% | 18.27% | -26.89% | 76.49% | -1.36% | |
operating margin % | -125.19% | -182.71% | -417.91% | -2409.13% | -716.62% | -2120.46% | 75.65% | -161.87% | -5892.88% | -7167.02% | -5240.37% | -5238.26% | -4382.59% | -3984.17% | -3748.02% | -3469.39% | -4056.46% | -3907.92% | -5101.06% | -4707.39% | -5000.26% | -5211.35% | -1633.61% | -5064.26% | -4538.36% | -4320.33% | -3652.79% | -4996.07% | -2830.82% | -2869.84% | |||||||||
other income, net: | |||||||||||||||||||||||||||||||||||||||
royalty interest expense | -8,283,000 | -7,854,000 | -8,049,000 | ||||||||||||||||||||||||||||||||||||
other interest expense | -4,000 | -2,000 | |||||||||||||||||||||||||||||||||||||
interest income | 5,269,000 | 5,950,000 | 7,183,000 | 7,108,000 | 5,442,000 | 6,284,000 | 7,256,000 | 5,550,000 | 5,345,000 | 5,191,000 | 5,076,000 | 2,988,000 | 1,781,000 | 878,000 | 224,000 | 91,000 | 83,000 | 108,000 | 120,000 | 106,000 | 177,000 | 225,000 | 333,000 | 222,000 | 395,000 | 501,000 | 452,000 | 520,000 | 488,000 | 459,000 | 475,000 | 462,000 | 411,000 | 290,000 | 259,000 | 268,000 | 268,000 | 276,000 | 144,000 |
other income | -275,000 | -586,000 | -221,000 | -106,000 | 32,000 | -86,000 | -87,000 | -55,000 | -66,000 | -93,000 | -147,000 | -52,500 | -295,000 | -31,000 | 116,000 | -37,250 | -41,000 | -50,000 | -57,000 | -33,000 | -126,000 | -39,000 | -20,000 | -17,000 | -75,000 | -43,000 | 57,000 | -24,000 | 15,000 | 104,000 | -122,000 | -76,000 | -53,000 | -87,000 | -53,000 | 58,000 | 1,000 | -18,000 | |
total other income | -3,289,000 | -2,494,000 | -1,089,000 | 2,196,000 | 5,451,000 | 6,153,000 | 7,114,000 | 5,432,000 | 5,209,000 | 5,063,000 | 4,889,000 | 2,839,000 | -262,000 | 152,000 | -311,000 | 449,000 | -607,000 | -576,000 | -560,000 | -562,000 | -584,000 | -452,000 | -136,000 | 205,000 | 320,000 | 458,000 | 509,000 | 496,000 | 503,000 | 563,000 | 353,000 | 386,000 | 358,000 | 203,000 | 206,000 | 326,000 | 269,000 | 276,000 | -1,577,000 |
net income | -60,715,000 | -71,847,000 | -84,846,000 | -94,169,000 | -84,126,000 | -68,063,000 | -72,400,000 | -72,473,000 | -51,146,000 | -44,615,000 | -41,126,000 | -39,194,000 | -35,403,000 | -37,572,000 | -37,169,000 | 96,198,000 | -20,639,000 | -22,910,000 | -27,723,000 | -20,423,000 | -20,437,000 | -17,062,000 | -15,236,000 | -14,000,000 | -12,829,000 | -14,916,000 | -14,302,000 | -18,837,000 | -17,338,000 | -18,388,000 | -19,398,000 | -19,103,000 | -15,088,000 | -13,639,000 | -12,971,000 | -10,815,000 | -14,969,000 | -8,358,000 | -10,330,000 |
yoy | -27.83% | 5.56% | 17.19% | 29.94% | 64.48% | 52.56% | 76.04% | 84.91% | 44.47% | 18.75% | 10.65% | -140.74% | 71.53% | 64.00% | 34.07% | -571.03% | 0.99% | 34.27% | 81.96% | 45.88% | 59.30% | 14.39% | 6.53% | -25.68% | -26.01% | -18.88% | -26.27% | -1.39% | 14.91% | 34.82% | 49.55% | 76.63% | 0.79% | 63.18% | 25.57% | ||||
qoq | -15.49% | -15.32% | -9.90% | 11.94% | 23.60% | -5.99% | -0.10% | 41.70% | 14.64% | 8.48% | 4.93% | 10.71% | -5.77% | 1.08% | -138.64% | -566.10% | -9.91% | -17.36% | 35.74% | -0.07% | 19.78% | 11.98% | 8.83% | 9.13% | -13.99% | 4.29% | -24.07% | 8.65% | -5.71% | -5.21% | 1.54% | 26.61% | 10.62% | 5.15% | 19.94% | -27.75% | 79.10% | -19.09% | |
net income margin % | -132.36% | -189.28% | -423.34% | -2354.22% | -673.01% | -1944.66% | 76.00% | -166.78% | -6044.85% | -7314.78% | -5388.65% | -5392.35% | -4501.85% | -4020.05% | -3693.93% | -3384.96% | -3935.62% | -3773.61% | -4970.18% | -4574.67% | -4851.72% | -5118.21% | -1601.26% | -4946.89% | -4471.80% | -4252.79% | -3545.90% | -4907.87% | -2740.33% | -3386.89% | |||||||||
other comprehensive loss: | |||||||||||||||||||||||||||||||||||||||
unrealized gain on marketable securities | 240,000 | 92,750 | 1,188,000 | -61,000 | -974,000 | 87,750 | 119,000 | -238,000 | 470,000 | -412,500 | -270,000 | -695,000 | -685,000 | 3,750 | -6,000 | 8,000 | 13,000 | 13,250 | -64,000 | 69,000 | 48,000 | 12,500 | -33,000 | 50,000 | 33,000 | 27,000 | 54,000 | ||||||||||||
other comprehensive loss | -60,475,000 | ||||||||||||||||||||||||||||||||||||||
net income per share | -0.658 | -0.98 | -0.8 | -0.85 | -0.493 | -0.73 | -0.64 | -0.59 | -0.46 | -0.58 | -0.62 | -0.63 | -0.345 | -0.4 | -0.44 | -0.54 | -0.44 | -0.46 | -0.42 | -0.56 | -0.44 | -0.41 | -0.47 | -0.53 | -0.71 | -0.68 | -0.74 | -0.79 | -0.82 | -0.68 | -0.7 | -0.71 | -0.52 | -0.84 | -0.47 | -2.85 | |||
basic and diluted loss per share attributable to common stockholders | -0.7 | ||||||||||||||||||||||||||||||||||||||
weighted-average common shares used in calculating: | |||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders | -71,847,000 | -84,846,000 | -94,169,000 | -84,126,000 | -68,063,000 | -72,400,000 | -72,473,000 | -51,146,000 | -44,615,000 | -41,126,000 | -39,194,000 | -35,403,000 | -37,572,000 | -37,169,000 | 96,198,000 | -20,639,000 | -22,910,000 | -27,723,000 | -20,423,000 | -20,437,000 | -17,062,000 | -19,142,000 | -14,000,000 | -12,829,000 | -14,916,000 | -14,302,000 | -18,837,000 | -17,338,000 | -18,388,000 | -19,398,000 | -19,103,000 | -15,088,000 | -13,639,000 | -12,971,000 | -10,815,000 | -14,969,000 | -8,358,000 | -12,928,000 | |
basic loss per share attributable to common stockholders | -0.83 | -0.98 | |||||||||||||||||||||||||||||||||||||
diluted loss per share attributable to common stockholders | -0.83 | -0.98 | |||||||||||||||||||||||||||||||||||||
collaboration loss | 247,000 | ||||||||||||||||||||||||||||||||||||||
interest expense | -4,806,000 | -23,000 | -45,000 | -55,000 | -63,000 | -70,000 | -35,000 | -40,000 | -43,000 | -1,748,000 | -695,000 | -651,000 | 7,000 | -649,000 | -634,000 | -623,000 | -635,000 | -635,000 | -638,000 | -449,000 | |||||||||||||||||||
comprehensive loss | -56,054,500 | -82,938,000 | -68,124,000 | -73,374,000 | -34,134,000 | -51,027,000 | -44,853,000 | -40,656,000 | -27,948,500 | -35,673,000 | -38,267,000 | -37,854,000 | -17,814,250 | -20,645,000 | -22,902,000 | -27,710,000 | -13,170,500 | -20,501,000 | -16,993,000 | -15,188,000 | -10,499,250 | -12,862,000 | -14,866,000 | -14,269,000 | -13,754,000 | -17,284,000 | -18,259,000 | -19,473,000 | -10,431,750 | -15,096,000 | -13,601,000 | -13,029,000 | -8,394,000 | -10,130,000 | |||||
weighted-average number of common shares used to compute net income per share attributable to common stockholders —basic and diluted | 85,433,569 | 85,274,829 | 85,213,200 | 69,855,766 | 69,638,427 | 69,438,890 | 60,670,294 | 60,156,653 | 58,978,615 | 51,962,320 | 51,603,286 | 51,499,831 | 44,156,808 | 40,609,205 | 34,328,640 | 31,630,639 | 31,605,279 | 27,023,466 | 25,471,587 | 24,705,441 | |||||||||||||||||||
general and administrative | 11,035,750 | 17,268,000 | 14,914,000 | 11,961,000 | 10,192,000 | 8,240,000 | 7,990,000 | 6,836,000 | 6,927,000 | 6,801,000 | 5,842,000 | 5,672,000 | 4,718,000 | 5,824,000 | 6,046,000 | 5,917,000 | 5,082,000 | 3,605,000 | 3,463,000 | 3,911,000 | 3,892,000 | 4,125,000 | 4,479,000 | 4,791,000 | 4,084,000 | 3,563,000 | 4,285,000 | 3,930,000 | 2,972,000 | 3,269,000 | 2,808,000 | 4,272,000 | |||||||
license fees | 126,576,000 | 12,375,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 379,000 | 1,193,000 | 305,000 | 305,000 | 305,000 | 305,000 | 305,000 | 305,000 | 305,000 | |||||||||||||||
other income: | |||||||||||||||||||||||||||||||||||||||
other comprehensive income: | |||||||||||||||||||||||||||||||||||||||
unrealized gains on marketable securities | 129,000 | -75,000 | -7,000 | -8,000 | 38,000 | -58,000 | -36,000 | 200,000 | |||||||||||||||||||||||||||||||
weighted-average number of common shares used to compute net income per share attributable to common stockholders—basic and diluted | 24,478,269 | 22,239,996 | 19,497,581 | 18,231,602 | 17,899,481 | 17,769,514 | 4,541,536 | ||||||||||||||||||||||||||||||||
change in fair value of common stock warrant liability | -1,703,000 |
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.
