| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $238.2M+93.5% | $123.1M+242.2% | $36.0M-49.6% | $71.3M-85.6% | $495.7M+97.9% | $250.5M+46.5% | $171.0M+50.5% | $113.6M |
| Receivables from collaborative partners | $33.9M-17.0% | $40.8M+495.0% | $6.9M+382.8% | $1.4M+62.0% | $876K | $0 | — | — |
| Short-term investments | $73.4M-72.0% | $262.3M-26.1% | $354.9M-4.1% | $369.9M+606.4% | $52.4M-63.4% | $143.2M-29.5% | $203.2M-35.2% | $313.5M |
| Prepaid expenses and other current assets | $4.8M-17.0% | $5.7M-36.8% | $9.1M+99.8% | $4.5M-7.3% | $4.9M+68.6% | $2.9M-17.1% | $3.5M-49.6% | $7.0M |
| Total current assets | $350.3M-18.9% | $431.9M+6.2% | $406.8M-9.0% | $447.2M-19.3% | $553.9M+39.7% | $396.6M+5.0% | $377.7M-13.0% | $434.2M |
| Property and equipment, net | $1.4M-25.9% | $1.8M-11.9% | $2.1M+0.4% | $2.1M-8.5% | $2.3M+28.0% | $1.8M+10.2% | $1.6M+12.0% | $1.4M |
| Operating lease right-of-use assets | $12.5M-13.0% | $14.4M-11.1% | $16.2M-9.6% | $17.9M-8.5% | $19.6M+5585.5% | $344K | — | — |
| Long-term investments | $0-100.0% | $35.5M+31.2% | $27.0M-81.1% | $142.9M+113.0% | $67.1M+282.4% | $17.5M-67.7% | $54.3M-25.7% | $73.1M |
| Other long-term assets | $256K+0.0% | $256K+0.0% | $256K+0.0% | $256K+0.0% | $256K-0.8% | $258K-82.6% | $1.5M+900.7% | $148K |
| Total assets | $364.4M-24.7% | $483.8M+7.0% | $452.4M-25.9% | $610.4M-5.1% | $643.1M+54.4% | $416.6M-4.3% | $435.2M-14.5% | $509.0M |
| Accounts payable | $3.9M-3.3% | $4.0M-14.8% | $4.7M+68.8% | $2.8M+59.9% | $1.7M-58.7% | $4.2M-74.0% | $16.2M+198.3% | $5.4M |
| Accrued expenses | $32.7M-17.3% | $39.5M+27.6% | $31.0M+43.1% | $21.6M+68.3% | $12.9M-15.8% | $15.3M+38.1% | $11.1M+26.1% | $8.8M |
| Current portion of operating lease liability | $2.1M+8.1% | $1.9M+8.3% | $1.8M+8.6% | $1.6M+8.8% | $1.5M+340.1% | $342K | — | — |
| Total current liabilities | $38.6M-15.0% | $45.4M+21.3% | $37.4M+43.7% | $26.1M+61.8% | $16.1M-18.8% | $19.8M-32.9% | $29.5M+35.3% | $21.8M |
| Liability related to sale of future royalties | $276.5M-21.8% | $353.4M+13.7% | $310.8M+2.1% | $304.4M+21.2% | $251.1M | $0 | — | — |
| Operating lease liability, net of current portion | $12.0M-14.7% | $14.1M-12.0% | $16.0M-10.0% | $17.8M-8.4% | $19.4M | $0 | — | — |
| Preferred stock, $0.001 par value, 10,000 shares authorized and no shares, issued or outstanding at December 31, 2025 and December 31, 2024, respectively | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common stock, $0.001 par value, 500,000 shares authorized, 28,019 shares and 30,473 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $28K-6.7% | $30K+11.1% | $27K-6.9% | $29K+3.6% | $28K+3.7% | $27K+0.0% | $27K+0.0% | $27K |
| Additional paid in capital | $809.8M-2.4% | $829.9M+18.1% | $703.0M-2.1% | $717.8M+5.8% | $678.6M+2.7% | $660.7M+1.8% | $648.7M+2.4% | $633.3M |
| Accumulated other comprehensive (loss) gain | -$24K-107.9% | $305K+138.3% | -$797K+84.8% | -$5.2M-1143.1% | -$422K-10450.0% | -$4K-101.2% | $338K+251.6% | -$223K |
| Accumulated deficit | -$772.6M-1.7% | -$759.3M-23.6% | -$614.1M-36.3% | -$450.5M-40.0% | -$321.8M-21.9% | -$264.0M-8.2% | -$244.0M-66.4% | -$146.7M |
| Total stockholders’ equity | $37.2M-47.5% | $70.9M-19.6% | $88.1M-66.4% | $262.1M-26.5% | $356.4M-10.2% | $396.7M-2.0% | $405.0M-16.7% | $486.4M |
| Total liabilities and stockholders’ equity | $364.4M-24.7% | $483.8M+7.0% | $452.4M-25.9% | $610.4M-5.1% | $643.1M+54.4% | $416.6M-4.3% | $435.2M-14.5% | $509.0M |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.