| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Total revenue | $205.4M+6745.2% | $3.0M | $0 | $0-100.0% | $20.1M | $0-100.0% | $10.0M |
| Research and development | -$129.6M+25.3% | -$173.6M-28.4% | -$135.3M-55.0% | -$87.3M-58.3% | -$55.1M-62.9% | -$33.9M-94.8% | -$17.4M |
| General and administrative | -$46.8M-15.0% | -$40.8M-17.0% | -$34.8M-26.6% | -$27.5M-29.0% | -$21.3M-66.7% | -$12.8M-301.9% | -$3.2M |
| Total operating expenses | -$176.5M+17.7% | -$214.4M-26.0% | -$170.1M-48.2% | -$114.8M-50.1% | -$76.5M-63.9% | -$46.7M-126.9% | -$20.6M |
| INCOME (LOSS) FROM OPERATIONS | $67.6M+132.0% | -$210.8M-24.1% | -$169.9M-48.0% | -$114.8M-103.6% | -$56.4M-20.8% | -$46.7M-341.7% | -$10.6M |
| Research and development incentive income | $0-100.0% | $1.2M-48.4% | $2.4M-66.1% | $7.1M | $0-100.0% | $2.5M+340.9% | $558K |
| Dividend income | $24.9M+5.8% | $23.5M+59.2% | $14.8M+304.9% | $3.6M+13396.3% | $27K | — | — |
| Other expense, net | -$539K+43.5% | -$954K-363.1% | -$206K+66.4% | -$613K-60.1% | -$383K-339.4% | $160K-33.6% | $241K |
| Total other income, net | $24.3M+2.3% | $23.8M+40.3% | $16.9M+67.6% | $10.1M+2908.6% | -$360K-132.0% | $1.1M+163.4% | -$1.8M |
| Income (loss) before income taxes | $91.9M+149.1% | -$187.1M-22.3% | -$153.0M-46.2% | -$104.7M-84.5% | -$56.7M-24.6% | -$45.5M-269.1% | -$12.3M |
| Income tax provision | -$4.9M-1527.7% | -$300K | $0 | $0+100.0% | -$2.0M-1269.2% | $172K | $0 |
| Net income (loss) | $87.0M+146.4% | -$187.4M-22.5% | -$153.0M-46.2% | -$104.7M-78.2% | -$58.7M-29.5% | -$45.4M-267.7% | -$12.3M |
| Net income (loss) attributable to common stockholders - basic | $87.0M+146.4% | -$187.4M-22.5% | -$153.0M-46.2% | -$104.7M-78.2% | -$58.7M-29.5% | -$45.4M-220.9% | -$14.1M |
| Net income (loss) attributable to common stockholders - diluted | $87.0M+146.4% | -$187.4M-22.5% | -$153.0M-46.2% | -$104.7M-78.2% | -$58.7M-29.5% | -$45.4M | — |
| Weighted-average common stock outstanding - basic (in shares) | 37.22B-0.6% | 37.44B+27.1% | 29.45B+16.7% | 25.24B+8.2% | 23.33B+50.5% | 15.51B | — |
| Weighted-average common stock outstanding - diluted (in shares) | 37.86B+1.1% | 37.44B+27.1% | 29.45B+16.7% | 25.24B+8.2% | 23.33B+50.5% | 15.51B | — |
| Net income (loss) per share of common stock - basic (in dollars per share) | $2.34+146.8% | -$5.00+3.8% | -$5.20-25.3% | -$4.15-64.7% | -$2.52+14.0% | -$2.93 | — |
| Net income (loss) per share of common stock - diluted (in dollars per share) | $2.30+146.0% | -$5.00+3.8% | -$5.20-25.3% | -$4.15-64.7% | -$2.52+14.0% | -$2.93 | — |
| Service and other revenue | |||||||
| License revenue | |||||||
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.