7Baggers
Quarterly
Annual
    Unit: USD2025-03-31 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 
      
    		                
      collaboration revenue
    		32,976,000 13,080,000 6,865,000 6,692,000 5,695,000 5,144,000 3,117,000 2,093,000 1,404,000 1,012,000 929,000      
      operating expenses:
    		                
      research and development
    		54,458,000 55,048,000 49,938,000 50,984,000 48,376,000 46,811,000 43,765,000 47,260,000 47,110,000 37,284,000 35,197,000 33,125,000 24,490,000 25,939,000 17,495,000 13,423,000 
      general and administrative
    		15,154,000 14,099,000 13,837,000 14,547,000 14,163,000 12,281,000 11,686,000 13,416,000 12,553,000 11,438,000 9,592,000 9,067,000 7,435,000 6,601,000 6,007,000 3,541,000 
      total operating expenses
    		69,612,000 69,147,000 63,775,000 65,531,000 62,539,000 59,092,000 55,451,000 60,676,000 59,663,000 48,722,000 44,789,000 42,192,000 31,925,000 32,540,000 23,502,000 16,964,000 
      income from operations
    		-36,636,000 -56,067,000 -56,910,000 -58,839,000 -56,844,000 -53,948,000 -52,334,000 -58,583,000 -58,259,000 -47,710,000 -43,860,000 -42,192,000 -31,925,000 -32,540,000 -23,502,000 -16,964,000 
      yoy
    		-35.55% 3.93% 8.74% 0.44% -2.43% 13.07% 19.32% 38.85% 82.49% 46.62% 86.62% 148.71%     
      qoq
    		-34.66% -1.48% -3.28% 3.51% 5.37% 3.08% -10.67% 0.56% 22.11% 8.78% 3.95% 32.16% -1.89% 38.46% 38.54%  
      operating margin %
    		                
      other income:
    		                
      change in fair value of success payment liability
    		223,000 -205,000 -6,000 1,671,000 78,000 -713,000 802,000 -662,000 738,000 2,177,000 -3,306,000 938,000 1,677,000 1,139,000 700,000 -10,036,000 
      interest and other income
    		5,459,000 6,310,000 6,887,000 7,429,000 8,136,000 6,341,000 5,841,000 5,438,000 5,546,000 4,501,000 1,976,000 308,000 82,000    
      total other income
    		5,682,000 6,105,000 6,881,000 9,100,000 8,214,000 5,628,000 6,643,000 4,776,000 6,284,000 6,678,000 -1,330,000 1,246,000 1,759,000 1,203,000 753,000 -36,001,000 
      income before benefit from income taxes
    		-30,954,000 -49,962,000 -50,029,000 -49,739,000 -48,630,000 -48,320,000 -45,691,000 -53,807,000         
      benefit from income taxes
    		-79,000 -73,000 -104,000 -66,000 -106,000 -32,000 -67,000 -176,000         
      net income
    		-31,033,000 -50,035,000 -50,133,000 -49,805,000 -48,736,000 -48,352,000 -45,758,000 -53,983,000 -51,975,000 -41,085,000 -45,190,000 -40,946,000 -30,166,000 -31,337,000 -22,749,000 -52,965,000 
      yoy
    		-36.32% 3.48% 9.56% -7.74% -6.23% 17.69% 1.26% 31.84% 72.30% 31.11% 98.65% -22.69%     
      qoq
    		-37.98% -0.20% 0.66% 2.19% 0.79% 5.67% -15.24% 3.86% 26.51% -9.08% 10.36% 35.74% -3.74% 37.75% -57.05%  
      net income margin %
    		                
      net income per common share, basic and diluted
    		-350 -580 -590 -590 -590 -690 -720 -870 -840        
      weighted-average common shares used in net income per share, basic and diluted
    		88,795,827 84,722,277 84,632,952 84,226,523 83,132,960  63,211,849 61,953,992 61,787,403        
      comprehensive loss:
    		                
      other comprehensive loss:
    		                
      unrealized (loss) on marketable securities
    		-35                
      comprehensive loss
    		-31,068 -50,750 -48,375 -49,920 -49,508 -198,950,381 -45,601 -54,500 -51,518 -40,859 -45,172 -41,152 -30,670    
      unrealized gain on marketable securities
    		 -715 1,758  -772 965,903 157  457     -226 -5 -4 
      unrealized loss on marketable securities
    		   -115    -517    -206 -504    
      other comprehensive gain:
    		                
      change in fair value of antidilution rights liability
    		               -25,970,000 
      net income per common share attributable to common stockholders, basic and diluted
    		         -650 -790 -840 -620 40 -470 -6,660 
      weighted-average common shares used in net income per share attributable to common stockholders, basic and diluted
    		         54,023,653 57,207,125 48,674,873 48,571,214 26,872,036 47,992,773 7,948,110 
      other comprehensive income:
    		                
      unrealized income on marketable securities
    		         -173 18      
      change in fair value of preferred stock tranche liability
    		                
      interest income and other income
    		             19,500 53,000 5,000 
      comprehensive loss attributable to common stockholders
    		             -22,246.75 -22,754 -52,969 
      
    		                
    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.