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 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-09-30 2011-06-12 2010-06-12 2010-06-12 2009-06-12 2009-06-12 2008-06-12 2008-06-12 2007-06-12 2007-06-12 2006-06-12 2006-06-12 2005-06-12 2005-06-12 2005-03-31 
      
    		                                                                      
      operating expenses:
    		                                                                      
      research and development
    		20,592,000 20,751,000 19,159,000 23,294,000 20,311,000 17,617,000 16,807,000 12,746,000 13,867,000 8,911,000 8,738,000 7,626,000 8,151,000 6,418,000 5,684,000 7,618,000 6,532,000 7,252,000 7,589,000 10,157,000 5,603,000 6,079,000 13,200,000 8,723,000 9,575,000 10,464,000 10,019,000 9,857,000 9,509,000 9,268,000 8,539,000 6,436,000 4,966,000 4,164,000 1,443,000 78,000 5,088,000 7,752,000 7,875,000 7,158,000 7,330,000 7,734,000 6,042,000 4,932,400 5,401,661 4,820,122 4,280,817 3,520,176 3,102,240 2,836,935 3,442,912 2,111,935 1,657,902 2,107,861 2,210,454 4,415,764 1,342,573 918,309 918,309 1,647,300 1,647,300 4,511,395 4,511,395 4,422,259 4,422,259 2,483,858 2,483,858 2,236,609 2,236,609 1,704,797 
      general and administrative
    		9,627,000 10,655,000 9,246,000 7,848,000 6,013,000 5,540,000 5,636,000 4,852,000 4,147,000 3,302,000 3,366,000 3,242,000 2,376,000 2,957,000 2,354,000 3,019,000 3,400,000 3,153,000 2,778,000 2,790,000 5,375,000 3,117,000 2,982,000 3,296,000 2,811,000 4,211,000 2,763,000 3,252,000 3,148,000 2,486,000 1,769,000 2,671,000 1,486,000 5,088,000                                1,735,172 1,735,172 1,123,577 1,123,577 1,150,033 
      depreciation and amortization
    		36,000 34,000 30,000 32,000 33,000 33,000 32,000 32,000 30,000 8,000 8,000 7,000 8,000 8,000 8,000 2,000 40,000 47,000 47,000 66,000 63,000 68,000 58,000 63,250 56,000 59,000 138,000        11,000 13,000 24,000 30,000 32,000 41,000 38,000 37,000 30,000 25,237 25,775 22,538 11,450 10,779 10,064 8,879 9,795 12,478 10,638 36,739 30,192 27,204 10,366 4,879 4,879 32,246 32,246 44,116 44,116 44,899 44,899 37,113 37,113 34,965 34,965 27,126 
      total operating expenses
    		30,255,000 31,440,000 28,435,000 31,174,000 26,357,000 23,190,000 22,475,000 17,630,000 18,044,000 12,221,000 12,112,000 10,875,000 10,535,000 9,383,000 8,046,000 10,639,000 9,972,000 10,452,000 10,414,000 13,013,000 11,041,000 9,264,000 16,240,000 31,509,000 12,442,000 22,154,000 12,920,000 13,248,000 12,784,000 11,907,000 32,107,000 9,198,000 6,543,000 9,343,000 5,791,000 8,375,000 7,246,000 10,221,000 10,742,000 9,714,000 9,828,000 10,181,000 9,650,000 7,354,307 7,884,126 7,201,715 6,838,852 5,722,328 5,270,721 4,953,239 5,592,913 4,016,449 3,218,499 4,221,558 4,171,496 8,990,420 4,406,465 1,868,138 1,868,138 3,458,786 3,458,786 7,191,199 7,191,199 6,446,415 6,446,415 4,256,143 4,256,143 3,395,151 3,395,151 2,882,256 
      income from operations
    		-30,255,000 -31,440,000 -28,435,000 -31,174,000 -26,357,000 -23,190,000 -22,475,000 -17,630,000 -18,044,000 -12,221,000 -12,112,000 -10,875,000 -10,535,000 -9,383,000 -8,046,000 -10,639,000 -9,972,000 -10,452,000 -10,414,000 -13,012,000 -10,785,000 -9,264,000 -16,240,000 -31,509,000 -12,442,000 -22,154,000 -12,920,000 -13,248,000 -12,784,000 -11,907,000 -32,107,000 -9,198,000 -6,543,000 -9,343,000 -5,697,000 -8,292,000 -7,201,000 -10,221,000 -10,742,000 -9,714,000 -9,828,000 -10,181,000 -9,650,000 -7,354,307 -7,884,126 -7,201,715 -6,838,852 -5,722,328 -5,270,721 -4,953,239 -5,592,913 -4,016,449 -3,218,499 -4,221,558 -4,171,496 -8,990,420 -4,406,465 -1,868,138 -1,868,138 -3,158,786 -3,158,786 -6,691,199 -6,691,199 -6,446,415 -6,446,415 -4,019,616 -4,019,616    
      yoy
    		14.79% 35.58% 26.52% 76.82% 46.07% 89.76% 85.56% 62.11% 71.28% 30.25% 50.53% 2.22% 5.65% -10.23% -22.74% -18.24% -7.54% 12.82% -35.87% -58.70% -13.32% -58.18% 25.70% 137.84% -2.68% 86.06% -59.76% 44.03% 95.38% 27.44% 463.58% 10.93% -9.14% -8.59% -46.97% -14.64% -26.73% 0.39% 11.32% 32.09% 24.66% 41.37% 41.11% 28.52% 49.58% 45.39% 22.28% 42.47% 63.76% 17.33% 34.07% -55.33% -26.96% 125.98% 123.30% 184.62% 39.50% -72.08% -72.08% -51.00% -51.00% 66.46% 66.46%        
      qoq
    		-3.77% 10.57% -8.79% 18.28% 13.66% 3.18% 27.48% -2.29% 47.65% 0.90% 11.37% 3.23% 12.28% 16.62% -24.37% 6.69% -4.59% 0.36% -19.97% 20.65% 16.42% -42.96% -48.46% 153.25% -43.84% 71.47% -2.48% 3.63% 7.37% -62.91% 249.07% 40.58% -29.97% 64.00% -31.30% 15.15% -29.55% -4.85% 10.58% -1.16% -3.47% 5.50% 31.22% -6.72% 9.48% 5.31% 19.51% 8.57% 6.41% -11.44% 39.25% 24.79% -23.76% 1.20% -53.60% 104.03% 135.87% -40.86% -40.86% -52.79% -52.79% 3.80% 3.80% 60.37% 60.37%      
      operating margin %
    		                                                                      
      other income
    		                                   -7,250 -34,000 -9,000 15,000    4,000     -17 -137 1,172  2,433 1,099 -8,890 311 68,100 3,277 -72.08% -72.08% -51.00% -51.00% 66.46% 66.46%        
      interest income
    		548,000 921,000 1,498,000 1,913,000 2,129,000 1,072,000 1,353,000 1,519,000 1,444,000 709,000 765,000 -175,500 152,000       -238,000 -459,000 -332,000  -86,000 5,000 31,000         11,000 15,000 31,000 36,000 39,000 36,000 32,000 32,000 30,000 19,406 17,376 16,872 15,346 17,630 17,327 10,895 14,416 17,260 18,347 19,285 29,378 65,589 10,998 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%   37,322 
      foreign currency exchange gain
    		146,000 118,000 60,000 217,000 -20,000 -125,000 -21,000 12,000 1,000 33,000 29,000 5,250 -8,000 42,000  -77,000 -8,000 43,000 -57,000 -196,000 148,000 50,000 156,000 -245,000 116,000 110,000  -16,000 -7,000 155,000 -61,000 7,000 -71,000                                      
      tax credit income
    		  784,000    797,000   36,000 761,000 1,000 5,000 461,000 329,000 -29,000  26,000 847,000 -3,000 -27,000 103,000 821,000 80,000 54,000 115,000 964,000                               -2,019 -2,019 1,776 1,776          
      loss on extinguishment of debt
    		  -546,000                               -1,816,000                        26,258 26,258     532,291 532,291 236,527 236,527 64,597 64,597  
      total other income
    		694,000 1,039,000 1,796,000 2,130,000 2,109,000 947,000 2,129,000 1,531,000 1,445,000 778,000 1,555,000 575,000 149,000 219,000 -254,000 -671,000 -574,000 -489,000 197,000 -729,000 -278,000 -125,000 819,000 -210,000 39,000 215,000 808,000 89,000 114,000 36,000 -221,000 -116,000 -391,000 -2,631,000                                     
      net income
    		-29,561,000 -30,401,000 -26,639,000 -29,044,000 -24,248,000 -22,243,000 -20,346,000 -16,099,000 -16,599,000 -11,443,000 -10,557,000 -10,300,000 -10,386,000 -9,164,000 -8,300,000 -11,310,000 -10,546,000 -10,941,000 -10,217,000 -13,741,000 -11,063,000 -9,389,000 -15,421,000 -31,719,000 -12,403,000 -21,939,000 -12,112,000 -10,514,000 -12,560,000 -11,594,000 -26,849,000 -6,504,000 -6,817,000 -11,504,000 -5,869,000 -6,035,000 -8,152,000 -10,706,000 -11,207,000 -10,163,000 -9,912,000 -10,151,000 -9,616,000 -7,313,033 -7,866,497 -7,151,889 -6,370,581 -5,704,715 -5,253,531 -4,941,172 -5,580,867 -3,996,756 -3,199,053 -4,211,163 -4,152,517 -8,867,741 -4,392,190             -2,844,934 
      yoy
    		21.91% 36.68% 30.93% 80.41% 46.08% 94.38% 92.73% 56.30% 59.82% 24.87% 27.19% -8.93% -1.52% -16.24% -18.76% -17.69% -4.67% 16.53% -33.75% -56.68% -10.80% -57.20% 27.32% 201.68% -1.25% 89.23% -54.89% 61.65% 84.25% 0.78% 357.47% 7.77% -16.38% 7.45% -47.63% -40.62% -17.76% 5.47% 16.55% 38.97% 26.00% 41.93% 50.94% 28.19% 49.74% 44.74% 14.15% 42.73% 64.22% 17.34% 34.40% -54.93% -27.16% 128.38% 125.20% 180.89% 39.12% -71.30% -71.30% -46.62% -46.62% -69.47% -69.47% 77.57% 77.57%      
      qoq
    		-2.76% 14.12% -8.28% 19.78% 9.01% 9.32% 26.38% -3.01% 45.06% 8.39% 2.50% -0.83% 13.33% 10.41% -26.61% 7.24% -3.61% 7.09% -25.65% 24.21% 17.83% -39.12% -51.38% 155.74% -43.47% 81.13% 15.20% -16.29% 8.33% -56.82% 312.81% -4.59% -40.74% 96.01% -2.75% -25.97% -23.86% -4.47% 10.27% 2.53% -2.35% 5.56% 31.49% -7.04% 9.99% 12.26% 11.67% 8.59% 6.32% -11.46% 39.63% 24.94% -24.03% 1.41% -53.17% 101.90% 138.20% -41.59% -41.59% -50.87% -50.87% 8.65% 8.65% -71.90% -71.90% 531.93% 531.93% 17.07% 17.07%  
      net income margin %
    		                                                                      
      net income per share
    		                                  -1.61 -0.02 -0.04 -0.05 -0.06 -0.07 -0.06 -0.06 -0.06 -0.04 -0.06 -0.06                         
      basic and diluted
    		-0.14 -0.14 -0.12 -0.13 -0.11 -0.12 -0.11 -0.09 -0.1 -0.07 -0.07 -0.07 -0.07 -0.06 -0.05 -0.07 -0.07 -0.07 -0.13 -0.23 -0.18 -0.16 -0.27 -0.75 -0.3 -0.57 -0.34 -0.24 -0.37 -0.38 -0.88  -0.28 -0.9                                     
      weighted-average common shares outstanding:
    		                                                         -1,843,899 -1,843,899 -3,157,010 -3,157,010 -6,425,530 -6,425,530 -5,914,124 -5,914,124 -21,046,681 -21,046,681 -3,330,554 -3,330,554  
      basic and diluted
    		216,462,161 216,431,348 216,146,934 198,191,936 211,847,651 182,584,078 182,550,109 165,204,652 164,342,634 152,796,617 152,781,580 152,771,817 152,773,015 152,771,103 152,769,224 133,919,145 152,587,848 152,460,531 76,992,407 59,309,090 60,288,993 58,858,216 57,364,265 40,027,758 41,727,259 38,440,647 36,016,406 33,300,704 33,708,563 30,658,494 30,543,746 17,521,119 24,209,517 13,807,861                        -71.30% -71.30% -46.62% -46.62% -69.47% -69.47% 77.57% 77.57% 639.80% 639.80%    
      other comprehensive income:
    		                                                         0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%  
      gain on foreign currency translation
    		-62 502 272 -786 596 -113 -220   -98 130   -745  -242 -297 83  683 289 162    91 -225 619,227 -105,000 -856,000 341,000 252,000 348,000 851,000                                     
      unrealized gain on short-term investments
    		123   -263 583  -251 252 -5 -60 14 29 77 20    24 -26 6 -156 85 17 -55 -12 120 26 -25,985 13,000 37,000 -24,000                                        
      total comprehensive loss
    		-29,500 -29,985 -26,521 -30,093 -23,069 -22,381 -20,817 -15,428 -16,922 -11,601 -10,413 -9,298 -10,977 -9,889 -8,596 -11,590 -10,853 -10,834 -10,674 -13,052 -10,930 -9,142 -15,532 -31,500 -12,851 -21,728 -12,311 51,533,726 -12,652,000 -12,413,000 -26,532,000 -6,293,000 -6,474,000 -10,653,000                                     
      unrealized loss on short-term investments
    		 -86 -154   -25         -88 -38 -10                                                      
      income before income taxes
    		  -26,639,000                   -9,389,000 -15,421,000 -31,719,000 -12,403,000 -21,939,000 -12,112,000 -13,159,000 -12,670,000 -11,871,000 -32,328,000 -9,314,000 -6,934,000 -11,974,000                                     
      income tax benefit
    		                           2,645,000 110,000 277,000 5,479,000 2,810,000 117,000 470,000                                     
      loss on foreign currency translation
    		       -71.5 -318   973 -668  -208    -431    -128 274 -436                                              
      other comprehensive loss:
    		                                                                      
      interest expense
    		             -284,000 -570,000 -565,000 -566,000 -558,000 -593,000    -160,000    -20,000 -26,500 111,000 -113,000 -104,000 -123,000 -277,000 -516,000 -178,000 -153,000 -948,000 -512,000 -519,000 -501,000 -101,000 -1,000 0            -10,710               300 
      foreign currency exchange loss
    		              -13,000            -59,000       -122,000                                     
      milestone revenue
    		                   1,000 256,000                                                  
      other income, net:
    		                                                                      
      change in fair value of financial instruments
    		                    60,000 54,000 2,000 41,000 -136,000 -41,000 -77,000 -12,000 10,000 -6,000 -56,000  -43,000 -177,000                                     
      impairment of goodwill
    		                       19,432,000  7,420,000                                             
      impairment of acquired ipr&d
    		                              21,692,000                                        
      depreciation
    		                           139,000 127,000 153,000 107,000 91,000 91,000 91,000                                     
      other income:
    		                                                                      
      accretion of redeemable convertible preferred stock
    		                                 -554,000                                     
      deemed dividend on beneficial conversion feature
    		                                 -404,000                                     
      net income attributable to common stockholders
    		                           -10,514,000 -12,560,000 -11,594,000 -26,849,000 -6,504,000 -6,817,000 -12,462,000                                     
      weighted-average common shares outstanding
    		                                                                      
      basic and diluted
    		216,462,161 216,431,348 216,146,934 198,191,936 211,847,651 182,584,078 182,550,109 165,204,652 164,342,634 152,796,617 152,781,580 152,771,817 152,773,015 152,771,103 152,769,224 133,919,145 152,587,848 152,460,531 76,992,407 59,309,090 60,288,993 58,858,216 57,364,265 40,027,758 41,727,259 38,440,647 36,016,406 33,300,704 33,708,563 30,658,494 30,543,746 17,521,119 24,209,517 13,807,861                                     
      grant and award revenue
    		                                                                      
      unealized gain on short-term investments
    		                               -1,250 -5,000                                      
      revenues
    		                                  94,000 83,000 45,000                                  
      selling, general and administrative
    		                                  1,585,000 1,934,000 2,134,000 2,439,000 2,835,000 2,515,000 2,460,000 2,410,000 3,578,000 2,396,977 2,454,830 2,369,960 2,266,233 2,146,733 2,158,417 2,099,925 2,112,706 1,786,927 1,816,181 1,871,059 2,045,238 5,365,985 1,824,108              
      transaction-related expenses
    		                                  2,752,000         -307 1,860 -10,905 280,352 44,640  7,500 27,500 105,109 -266,222 205,899 -114,388 -818,533 1,229,418              
      other (expense)/income
    		                                  -5,000     -3,000 -15,000 -1,000                             
      net income per share
    		                                  -1.61 -0.02 -0.04 -0.05 -0.06 -0.07 -0.06 -0.06 -0.06 -0.04 -0.06 -0.06                         
      weighted-average shares outstanding - basic and diluted
    		                                  3,639,242 208,484,370 214,714,029 196,553,963 178,115,217 162,219,116 163,614,297 162,128,100 159,458,772 122,409,183 123,287,118                          
      comprehensive loss:
    		                                                                      
      other comprehensive (loss)/income
    		                                  -1     8.5 -1                 944,950 944,950 1,779,240 1,779,240 2,635,688 2,635,688 1,979,257 1,979,257      
      comprehensive loss
    		                                  -5,870             -3,950,524.5 -5,273,415 -4,939,368                     
      comprehensive income/
    		                                                                      
      other comprehensive income/
    		                                   -4 -3      23                            
      comprehensive net income
    		                                   -7,510.75 -8,155 -10,704 -11,185 -7,411.25 -9,913 -10,139 -9,593 -5,348,226.5 -7,873,261 -7,143,617 -6,376,028    -5,589,315 -3,996,731 -3,198,977 -4,211,299                 
      other comprehensive income
    		                                     2 22   12                             
      other income/(expense)
    		                                           21,868 253 32,954 452,925    -2,370                    
      other comprehensive gains/
    		                                           -984.75 -6,764 8,272 -5,447    -8,448                    
      weighted-average shares outstanding – basic and diluted
    		                                             115,587,056 105,053,762  102,710,286 53,749,791 46,265,286                    
      revenues:
    		                                                                      
      net sales
    		                                                                      
      licensing revenue
    		                                                                      
      grant revenue
    		                                                                      
      total net revenues
    		                                                                      
      cost of goods sold
    		                                                                      
      gross margin
    		                                                                      
      yoy
    		                                                                      
      qoq
    		                                                                      
      gross margin %
    		                                                                      
      write-off of in-process research and development
    		                                                                      
      goodwill impairment
    		                                                           300,000 300,000 500,000 500,000        
      equity in loss of investee
    		                                                                      
      reduction of fair value of warrants
    		                                                           300,000 300,000          
      income before cumulative effect of change in accounting principle
    		                                              -6,370,581 -5,704,715 -5,253,531 -4,941,172 -5,580,867 -3,996,756 -3,199,053 -4,211,163 -4,152,517 -8,867,741 -4,392,190             -2,844,934 
      cumulative effect of change in accounting principle
    		                                                           300,000 300,000          
      preferred stock dividends
    		                                                                      
      deemed dividends on preferred stock
    		                                                           0.00% 0.00%          
      net income applicable to common stock
    		                                              -6,370,581 -5,704,715 -5,253,531 -4,941,172 -5,580,867 -3,996,756 -3,199,053 -4,211,163 -4,152,517 -8,867,741 -4,392,190             -2,844,934 
      net income per common share – basic and diluted
    		                                              -0.06 -0.058 -0.05 -0.09 -0.12 -0.06 -0.07 -0.09 -0.09                
      other comprehensive gains
    		                                               -6,632 -19,884 1,804  19.75 76 -136                 
      weighted-average shares – basic and diluted
    		                                                    47,715,709 47,715,709 47,715,709                
      statement of comprehensive income/loss:
    		                                                                      
      comprehensive gains
    		                                                      139   -1,843,899 -1,843,899 -3,157,010 -3,157,010 -6,425,530 -6,425,530 -5,914,124 -5,914,124 -21,046,681 -21,046,681 -3,330,554 -3,330,554  
      comprehensive net income applicable to common stock
    		                                                      -4,152,378                
      total net revenue
    		                                                                      
      cost of sales
    		                                                                      
      in-process research and development
    		                                                         -1,843,899 -1,843,899 -3,157,010 -3,157,010 -6,425,530 -6,425,530 -5,914,124 -5,914,124 -21,046,681 -21,046,681 -3,330,554 -3,330,554  
      impairment loss
    		                                                               -0.07 -0.07      
      loss on fair value of warrants
    		                                                                      
      net income per common share — basic and diluted
    		                                                       -0.043 -0.17       90,007,509 90,007,509      
      weighted-average shares — basic and diluted
    		                                                        26,250,259              
      impairment loss — write off of goodwill
    		                                                                      
      total revenues
    		                                                                      
      interest and other income
    		                                                                      
      gain on fair value of warrants
    		                                                                      
      loss per common share — basic and diluted
    		                                                                      
      weighted-average number of common shares outstanding — basic and diluted
    		                                                                      
      impairment loss – write off of goodwill
    		                                                                      
      loss per common share – basic and diluted
    		                                                         -0.13 -0.13 -0.03 -0.03 -0.07 -0.07       -0.05 
    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.