| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| License and collaboration revenue | $46.0M-89.4% | $434.4M+624.1% | $60.0M+125.7% | $26.6M-2.8% | $27.4M-4.4% | $28.6M+12293.1% | $231K | — |
| Research and development | $159.3M+15.3% | $138.1M+15.0% | $120.2M-4.8% | $126.2M+0.2% | $126.0M+69.1% | $74.5M+14.6% | $65.0M+9.3% | $59.5M |
| General and administrative | $44.9M+3.2% | $43.5M+29.8% | $33.5M+5.5% | $31.7M+16.7% | $27.2M+45.9% | $18.6M+18.3% | $15.7M+15.0% | $13.7M |
| Total operating expenses | $204.1M+12.4% | $181.6M+18.2% | $153.7M-2.7% | $158.0M+3.1% | $153.2M+64.5% | $93.1M+15.3% | $80.8M+10.3% | $73.2M |
| (Loss) income from operations | -$158.1M-162.5% | $252.8M+370.0% | -$93.7M+28.7% | -$131.4M-4.4% | -$125.8M-95.1% | -$64.5M+19.9% | -$80.5M-90.5% | -$42.3M |
| Interest income | $28.8M+9.4% | $26.3M+76.6% | $14.9M+266.9% | $4.1M+816.5% | $443K-50.8% | $900K-68.0% | $2.8M+9.6% | $2.6M |
| Other income (expense), net | $27K-89.2% | $250K+224.4% | -$201K-151.3% | -$80K+46.3% | -$149K-223.9% | -$46K-4500.0% | -$1K+95.0% | -$20K |
| (Loss) income before income tax expense | -$129.3M-146.3% | $279.4M+453.9% | -$79.0M+38.0% | -$127.4M | — | -$64.8M+16.7% | -$77.9M-96.1% | -$39.7M |
| Provision for income taxes | $838K-80.1% | $4.2M | — | — | — | -$1.3M-288.9% | $691K-13.5% | $799K |
| Net (loss) income | -$130.1M-147.3% | $275.2M+448.5% | -$79.0M+38.0% | -$127.4M-1.5% | -$125.6M-89.8% | -$66.2M+14.3% | -$77.2M-98.3% | -$38.9M |
| Net (loss) income per share, basic | -$2050.00-145.9% | $4470.00+421.6% | -$1390.00+46.5% | -$2600.00+4.1% | -$2710.00-141045.8% | -$1.92 | — | — |
| Net (loss) income per share, diluted | -$2050.00-148.5% | $4230.00+404.3% | -$1390.00+46.5% | -$2600.00+4.1% | -$2710.00-141045.8% | -$1.92 | — | — |
| Weighted-average shares used to compute net (loss) income per share, basic | $63573048000.00+3.3% | $61566989000.00+8.5% | $56763559000.00+15.7% | $49042232000.00+5.9% | $46322910000.00+134573.5% | $34396446.00 | — | — |
| Weighted-average shares used to compute net (loss) income per share, diluted | $63573048000.00-2.3% | $65077722000.00+14.6% | $56763559000.00+15.7% | $49042232000.00+5.9% | $46322910000.00+134573.5% | $34396446.00 | — | — |
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.