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 
      
                                                 
      collaboration revenue
      7,500,000                             15,000 264,000 15,000 15,000 374,000 412,000 412,000 569,000 3,226,000 4,293,000 4,044,000 4,010,000 4,877,000 13,192,000 
      operating expenses:
                                                 
      research and development
    77,054,000 74,985,000 61,200,000 59,472,000 56,970,000 49,702,000 44,250,000 41,076,000 42,880,000 44,040,000 39,516,000 34,830,000 29,431,000 22,146,000 19,360,000 21,887,000 18,891,000 18,377,000 16,308,000 14,967,000 13,045,000 10,720,000 11,791,000 11,752,000 9,751,000 8,205,000 9,137,000 6,406,000 6,240,000 5,408,000 5,580,000 6,397,000 7,164,000 6,109,000 5,903,000 4,396,000 5,965,000 5,103,000 4,364,000 4,263,000 3,793,000 3,669,000 3,427,000 3,453,000 3,216,000 
      general and administrative
    19,282,000 19,244,000 19,038,000 18,005,000 16,706,000 19,402,000 14,791,000 12,619,000 12,804,000 11,584,000 9,535,000 8,501,000 8,829,000 8,705,000 6,775,000 6,688,000 4,831,000 6,339,000 4,109,000 3,106,000 3,208,000 3,310,000 3,320,000 3,175,000 2,700,000 2,307,000 2,621,000 2,028,000 1,938,000 2,178,000 2,238,000 1,670,000 1,744,000 1,799,000 2,100,000 1,442,000 1,779,000 1,676,000 1,895,000 1,567,000 1,321,000 2,058,000 1,789,000 1,390,000 1,316,000 
      total operating expenses
    96,336,000 94,229,000                                          3,105,250 4,532,000 
      income from operations
    -96,336,000 -94,229,000 -72,738,000 -77,477,000 -73,676,000 -69,104,000 -59,041,000 -53,695,000 -55,684,000 -55,624,000 -49,051,000 -43,331,000 -38,128,000 -30,315,000 -17,369,000 -24,838,000 -15,598,000 -22,498,000 -16,059,000 -12,923,000 -9,699,000 -646,000 -8,033,000 -11,598,000 -8,951,000 -10,512,000 -11,758,000 -8,434,000 -14,178,000 -7,586,000 -7,818,000 -8,051,000 -8,644,000 -7,893,000 -7,987,000 -5,462,000 -7,331,000 -6,366,000 -5,658,000 -2,603,000 -820,000 199,000 -1,206,000 35,000 8,661,000 
      yoy
    30.76% 36.36% 23.20% 44.29% 32.31% 24.23% 20.37% 23.92% 46.04% 83.49% 182.41% 74.45% 144.44% 34.75% 8.16% 92.20% 60.82% 3382.66% 99.91% 11.42% 8.36% -93.85% -31.68% 37.51% -36.87% 38.57% 50.40% 4.76% 64.02% -3.89% -2.12% 47.40% 17.91% 23.99% 41.16% 109.83% 794.02% -3298.99% 369.15% -7537.14% -109.47%     
      qoq
    2.24% 29.55% -6.12% 5.16% 6.62% 17.04% 9.96% -3.57% 0.11% 13.40% 13.20% 13.65% 25.77% 74.54% -30.07% 59.24% -30.67% 40.10% 24.27% 33.24% 1401.39% -91.96% -30.74% 29.57% -14.85% -10.60% 39.41% -40.51% 86.90% -2.97% -2.89% -6.86% 9.51% -1.18% 46.23% -25.49% 15.16% 12.51% 117.36% 217.44% -512.06% -116.50% -3545.71% -99.60%  
      operating margin %
                -28884.85% -5655.78% -198.14% -664.65% -192.00% -1014.34% -368.49% -250.93% -147.99% -4.83% -113.49% -348.39% -255.74%                     
      other income:
                                                 
      interest income
    6,206,000 7,199,000 8,083,000 9,422,000 10,329,000 10,837,000 11,355,000 8,691,000 6,982,000 6,524,000 5,423,000 4,463,000 3,066,000 816,000 368,000 263,000 76,000 55,000 72,000 89,000 166,000 912,000 1,116,000 437,000 528,000 706,000 682,000 658,000 325,000 125,000 108,000 95,000 124,000 109,000 149,000 168,000 114,000 123,000 99,000 97,000 130,000 163,000 152,000 152,000 138,000 
      foreign exchange gain
    -89,000 1,698,000 35,000 -1,478,000 237,000 10,000 167,000 -90,000 -407,000 383,000 313,000 602,000 -2,381,000 -411,000 299,000 214,000 -128,000 117,000 155,000 497,000 475,000 662,000 -238,000 97,000 -80,000 135,000 130,000 -425,000 148,000 -140,000 -284,000 -109,000 778,000 404,000 321,000 -710,000 -497,000 227,000 2,296,000 -1,431,000 -3,137,000 806,000 -3,171,000 1,037,000 392,000 
      total other income
    6,117,000 8,897,000                                            
      income before income taxes
    -90,219,000 -85,332,000 -64,620,000 -69,533,000 -63,110,000 -58,257,000 -47,519,000 -44,948,000 -48,619,000 -47,681,000 -41,437,000 -36,256,000 -37,737,000 -31,198,000 -20,064,000 -25,080,000 -15,650,000 -22,326,000 -15,832,000 -12,337,000 -9,058,000 -214,000 -7,485,000 -11,412,000 -8,866,000 -10,036,000 -11,304,000                   
      income tax recovery
    -677,000 626,000  3,848,000 320,000 333,000  205,000 157,000 220,000  255,250 587,000 40,000 394,000 -484,000 205,000 217,000 68,000                           
      net income
    -90,896,000 -84,706,000 -65,047,000 -65,685,000 -62,790,000 -57,924,000 -47,931,000 -44,743,000 -48,462,000 -47,461,000 -41,727,000 -37,395,000 -37,150,000                           -3,937,000 -3,827,000 1,168,000 -4,225,000 1,224,000 9,191,000 
      yoy
    44.76% 46.24% 35.71% 46.81% 29.57% 22.05% 14.87% 19.65% 30.45%                               -421.65% -141.64%     
      qoq
    7.31% 30.22% -0.97% 4.61% 8.40% 20.85% 7.13% -7.67% 2.11% 13.74% 11.58% 0.66%                            2.87% -427.65% -127.64% -445.18% -86.68%  
      net income margin %
                -28143.94% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%                     
      other comprehensive income:
                                                 
      unrealized gain on available-for-sale securities
    364,000 949,000 776,000 -2,948,000 3,548,000  -1,692,000 2,876,000 346,000  1,180,000                                   
      comprehensive loss
    -90,532,000 -83,757,000 -64,271,000 -68,633,000 -59,242,000 -58,367,000 -49,623,000 -41,867,000 -48,116,000 -48,940,000 -40,547,000 -37,440,000 -39,115,000                                 
      net income per common share
                                                 
      basic and diluted
    -1,150 -1,070 -830 -840 -810 -750 -620 -640 -730 -720 -630 -570 -570 -550 -350 -480 -360 -510 -420 -340 -250 -220 -410 -330 -370          -290 -510  -230    -300   
      weighted-average common shares outstanding
                                                 
      basic and diluted
    79,247,976,000 78,953,445,000 78,687,503,000 77,894,643,000 77,926,205,000 77,671,128,000 77,594,599,000 66,889,005,000 66,002,163,000 65,861,138,000 65,724,681,000 60,542,142,000 65,465,069,000 56,192,922,000 54,852,792,000 43,627,452,000 41,193,267,000 43,106,207,000 36,824,619,000 34,542,213,000 34,994,944,000  33,189,733,000 25,939,405,000 25,793,482,000            15,268,964,000  14,394,000,000    14,212,579,000   
      income tax expense
      -427,000    -412,000                    -37,000                   
      unrealized fair value gain on trading securities
           146,000 490,000 1,036,000 1,878,000 2,010,000 -294,000                                 
      other comprehensive loss:
                                                 
      unrealized loss on available-for-sale securities
         -443,000    -1,479,000                                    
      revenue
                132,000 536,000 8,766,000 3,737,000 8,124,000 2,218,000 4,358,000 5,150,000 6,554,000 13,384,000 7,078,000 3,329,000 3,500,000                     
      yoy
                -98.38% -75.83% 101.15% -27.44% 23.95% -83.43% -38.43% 54.70% 87.26%                         
      qoq
                -75.37% -93.89% 134.57% -54.00% 266.28% -49.11% -15.38% -21.42% -51.03% 89.09% 112.62% -4.89%                      
      net income attributable to preferred shareholders
               -17,000   -299,000 -487,000 -362,000 -521,000 -423,000 -350,000 -250,000 -5,000 -222,000 -422,000 -336,000 -380,000 -430,000 -375,000 -1,621,000 -1,303,000 -33,000               
      net income attributable to common shareholders
           -44,743,000 -48,462,000 -47,461,000 -41,727,000 -37,378,000 -37,150,000 -31,158,000 -19,371,000 -25,077,000 -15,083,000 -21,588,000 -15,341,000 -11,973,000 -8,605,000 -170,000 -7,262,000 -10,954,000 -8,535,000 -9,627,000 -10,911,000 -8,183,000 -12,762,000 -6,498,000 -3,722,000         -3,937,000 -3,827,000 1,168,000 -4,225,000 9,423,000 3,595,000 
      income tax (expense) recovery
              -290,000                                   
      unrealized losses on available-for-sale securities
               -491,250 -1,965,000                                 
      unrealized fair value loss on marketable securities
                 -1,288,000 -3,362,000                               
      net income and comprehensive loss
                 -31,158,000 -19,670,000 -25,564,000 -15,445,000 -22,109,000 -15,764,000 -12,323,000 -8,855,000 -175,000 -7,484,000 -11,376,000 -8,871,000 -10,007,000 -11,341,000 -8,558,000 -14,383,000 -7,801,000 -3,755,000 -8,065,000 -7,742,000 -7,380,000 -7,517,000 -4,248,250 -7,714,000  -3,263,000       
      interest expense
                         -154,000 -330,000 -348,000 -363,000 -365,000 -358,000 -357,000 -678,000 -200,000 -159,000               
      loss on repayment of term loan
                         -988,000                        
      income tax
                       60,750 203,000 39,000 1,000 -3,250 -5,000 29,000                    
      weighted-average common shares outstanding
                                                 
      basic
                         34,979,282,000    25,773,879,000 25,753,836,000 19,425,711,000 20,306,298,000 14,306,491,000 17,804,421,000 17,985,061,000 17,998,420,000 17,997,194,000 17,946,209,000 15,493,474,000  14,408,108,000  14,281,837,000 14,298,612,000 14,241,827,000  3,165,572,000 1,348,417 
      diluted
                         34,979,282,000    25,775,559,000 25,753,836,000 19,425,711,000 20,306,298,000 14,306,491,000 17,804,421,000 18,001,759,000 18,009,979,000 18,015,748,000 17,974,469,000   14,434,602,000    15,129,978,000    
      buy-out of future milestones and royalties
                                6,000,000                 
      gain on termination of collaboration agreement
                                  4,398,000               
      net income per common share
                                                 
      basic
                              -420 -290 -630 -450 -210 -450 -430 -410 -420   -420  -270 -270 80  4,107.33 2.67 
      diluted
                              -420 -290 -630 -450 -210 -450 -430 -410 -430   -420  -270 -270 -70  3,278.29 1.69 
      revenue:
                                                 
      royalties
                                   1,000   1,000 2,000 1,000 1,000 32,000 1,000 1,000 2,000  1,000 1,000 
      net income and comprehensive income
                                         -6,016,000        
      weighted-average shares outstanding
                                                 
      basic and diluted
    79,247,976,000 78,953,445,000 78,687,503,000 77,894,643,000 77,926,205,000 77,671,128,000 77,594,599,000 66,889,005,000 66,002,163,000 65,861,138,000 65,724,681,000 60,542,142,000 65,465,069,000 56,192,922,000 54,852,792,000 43,627,452,000 41,193,267,000 43,106,207,000 36,824,619,000 34,542,213,000 34,994,944,000  33,189,733,000 25,939,405,000 25,793,482,000            15,268,964,000  14,394,000,000    14,212,579,000   
      net income attributable to participating securities
                                               2,049,750 5,596,000 
      weighted-average shares outstanding
                                                 
      basic
                         34,979,282,000    25,773,879,000 25,753,836,000 19,425,711,000 20,306,298,000 14,306,491,000 17,804,421,000 17,985,061,000 17,998,420,000 17,997,194,000 17,946,209,000 15,493,474,000  14,408,108,000  14,281,837,000 14,298,612,000 14,241,827,000  3,165,572,000 1,348,417 
      effects of dilutive securities
                                                 
      stock options
                                               797,475,033 763,949 
      subscription rights
                                               2,861.75 10,400 
      diluted
                                           30,831,000 14,298,612,000   3,961,688,597 2,122,766 
      foreign currency translation adjustment
                                                 
      comprehensive income
                                           -3,937,000 -3,827,000 1,168,000 -4,225,000   
      general and administrative - stock based compensation
                                             -1,880,000    
      weighted-average shares outstanding
                                                 
      basic
                         34,979,282,000    25,773,879,000 25,753,836,000 19,425,711,000 20,306,298,000 14,306,491,000 17,804,421,000 17,985,061,000 17,998,420,000 17,997,194,000 17,946,209,000 15,493,474,000  14,408,108,000  14,281,837,000 14,298,612,000 14,241,827,000  3,165,572,000 1,348,417 
      diluted
                         34,979,282,000    25,775,559,000 25,753,836,000 19,425,711,000 20,306,298,000 14,306,491,000 17,804,421,000 18,001,759,000 18,009,979,000 18,015,748,000 17,974,469,000   14,434,602,000    15,129,978,000    
      net income per common share:
                                                 
      basic and diluted
    -1,150 -1,070 -830 -840 -810 -750 -620 -640 -730 -720 -630 -570 -570 -550 -350 -480 -360 -510 -420 -340 -250 -220 -410 -330 -370          -290 -510  -230    -300   
      weighted-average shares outstanding:
                                                 
      basic and diluted
    79,247,976,000 78,953,445,000 78,687,503,000 77,894,643,000 77,926,205,000 77,671,128,000 77,594,599,000 66,889,005,000 66,002,163,000 65,861,138,000 65,724,681,000 60,542,142,000 65,465,069,000 56,192,922,000 54,852,792,000 43,627,452,000 41,193,267,000 43,106,207,000 36,824,619,000 34,542,213,000 34,994,944,000  33,189,733,000 25,939,405,000 25,793,482,000            15,268,964,000  14,394,000,000    14,212,579,000   
      gain on write-off and disposal of assets
                                                 
      net income per share
                                                 
      basic
                              -420 -290 -630 -450 -210 -450 -430 -410 -420   -420  -270 -270 80  4,107.33 2.67 
      diluted
                              -420 -290 -630 -450 -210 -450 -430 -410 -430   -420  -270 -270 -70  3,278.29 1.69 
      weighted-average shares outstanding:
                                                 
      basic
                         34,979,282,000    25,773,879,000 25,753,836,000 19,425,711,000 20,306,298,000 14,306,491,000 17,804,421,000 17,985,061,000 17,998,420,000 17,997,194,000 17,946,209,000 15,493,474,000  14,408,108,000  14,281,837,000 14,298,612,000 14,241,827,000  3,165,572,000 1,348,417 
      effects of dilutive securities:
                                                 
    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.