-
Revenue
$-105.43M
Net Income
-
Gross Margin
-
Op. Margin
$-153.36M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q1 2023 (Jun 30, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
Q4 2020 (Dec 31, 2020) |
Q3 2020 (Sep 30, 2020) |
Q2 2020 (Jun 30, 2020) |
Q1 2020 (Mar 31, 2020) |
Q4 2019 (Dec 31, 2019) |
Q3 2019 (Sep 30, 2019) |
Q2 2019 (Jun 30, 2019) |
Q1 2019 (Mar 31, 2019) |
Q4 2018 (Dec 31, 2018) |
Q3 2018 (Sep 30, 2018) |
Q2 2018 (Jun 30, 2018) |
Q1 2018 (Mar 31, 2018) |
Q4 2017 (Dec 31, 2017) |
Q3 2017 (Sep 30, 2017) |
Q2 2017 (Jun 30, 2017) |
Q1 2017 (Mar 31, 2017) |
Q4 2016 (Dec 31, 2016) |
Q3 2016 (Sep 30, 2016) |
Q2 2016 (Jun 30, 2016) |
Q1 2016 (Mar 31, 2016) |
Q4 2015 (Dec 31, 2015) |
Q3 2015 (Sep 30, 2015) |
Q2 2015 (Jun 30, 2015) |
Q1 2015 (Mar 31, 2015) |
Q4 2014 (Dec 31, 2014) |
Q3 2014 (Sep 30, 2014) |
Q2 2014 (Jun 30, 2014) |
Q1 2014 (Mar 31, 2014) |
Q4 2013 (Dec 31, 2013) |
Q3 2013 (Sep 30, 2013) |
Q2 2013 (Jun 30, 2013) |
Q1 2013 (Mar 31, 2013) |
Q4 2012 (Dec 31, 2012) |
Q3 2012 (Sep 30, 2012) |
Q2 2012 (Jun 30, 2012) |
Q1 2012 (Mar 31, 2012) |
Q4 2011 (Dec 31, 2011) |
Q3 2011 (Sep 30, 2011) |
Q2 2011 (Jun 30, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Expenses | $34.43M | $34.10M | $28.43M | $25.09M | $30.32M | $29.45M | $3.12M | $2.48M | $1.59M | $1.94M | $1.80M | $1.55M | $2.55M | $3.22M | $3.28M | $5.68M | $4.72M | $4.84M | $4.10M | $5.13M | $1.99M | $1.31M | $1.34M | $1.28M | $1.25M | $1.51M | $1.78M | $1.53M | $1.66M | $2.16M | $2.77M | $4.30M | $4.47M | $5.56M | $4.38M | $4.29M | $4.71M | $3.94M | $3.67M | $3.17M | $2.82M | $2.72M | $2.74M | $2.61M | $2.29M | $2.41M | $2.39M | $2.95M | $1.73M | $1.20M | $1.07M | $839.00K | $928.00K | $1.15M | $1.41M | $1.63M | $1.82M | $1.70M |
| Research & Development | $27.64M | $28.99M | $24.09M | $19.93M | $25.50M | $25.69M | $130.00K | $165.00K | $47.00K | $322.00K | $390.00K | $61.00K | $1.02M | $1.49M | $2.18M | $3.94M | $3.44M | $3.58M | $2.88M | $3.20M | $1.05M | $372.00K | $365.00K | $384.00K | $347.00K | $440.00K | $662.00K | $625.00K | $740.00K | $1.15M | $1.72M | $2.83M | $3.49M | $4.51M | $3.25M | $3.12M | $3.72M | $2.91M | $2.59M | $1.89M | $1.72M | $1.75M | $1.71M | $1.58M | $1.33M | $1.40M | $1.31M | $1.79M | $714.00K | $246.00K | $181.00K | $191.00K | $156.00K | $322.00K | $422.00K | $595.00K | $533.00K | $497.00K |
| Selling General & Admin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $950.00K | $1.01M | $1.08M | $1.16M | $1.01M | $952.00K | $889.00K | $648.00K | $772.00K | $823.00K | $984.00K | $1.04M | $1.29M | $1.21M |
| Operating Income | $-34.43M | $-34.10M | $-28.43M | $-25.09M | $-30.32M | $-29.45M | $-3.12M | $-2.48M | $-1.59M | $-1.94M | $-1.80M | $-1.55M | $-2.55M | $-3.22M | $-3.28M | $-5.68M | $-4.72M | $-4.84M | $-4.10M | $-5.13M | $-1.99M | $-1.31M | $-1.34M | $-1.28M | $-1.25M | $-1.51M | $-1.78M | $-1.53M | $-1.66M | $-2.16M | $-2.77M | $-4.30M | $-4.47M | $-5.56M | $-4.38M | $-4.29M | $-4.71M | $-3.94M | $-3.67M | $-3.17M | $-2.82M | $-2.72M | $-2.74M | $-2.61M | $-2.29M | $-2.41M | $-2.39M | $-2.95M | $-1.73M | $-1.20M | $-1.07M | $-839.00K | $-928.00K | $-1.15M | $-1.41M | $-1.63M | $-1.82M | $-1.70M |
| Interest Expense | - | - | - | - | - | $504.00K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.00K | $3.00K | $4.00K | - | $1.00K | $3.00K | $3.00K | - | $2.00K | $3.00K | $3.00K | - | $2.00K | $2.00K | $2.00K | - | - | - | - | - | $1.00K | $2.00K | $1.00K | - | $1.00K | $1.00K | $1.00K | $1.00K | $3.00K | $2.00K | $1.00K | - | $1.00K | $2.00K | $1.00K | $-4.00K | $2.00K | $2.00K |
| Interest Income | $4.85M | $3.83M | $3.86M | $4.09M | $4.53M | $1.33M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | $-11.78M | $3.83M | $3.85M | $4.09M | $142.00K | $826.00K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Income Before Tax | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-5.68M | $-4.71M | $-4.83M | - | $-5.12M | $-1.99M | $-1.31M | $-1.32M | $-1.24M | $-1.20M | $-1.46M | $-1.75M | $-1.49M | $-1.62M | - | - | $-4.26M | - | - | - | - | - | - | - | - | - | - | - | - | $-2.28M | $-2.40M | $-2.39M | $-2.95M | $-1.72M | $-1.20M | $-1.07M | $-840.00K | $-927.00K | $-1.15M | $-1.41M | $-1.63M | $-1.82M | $294.00K |
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-9.00K | $-9.00K | - | $-16.00K | $-42.00K | $-27.00K | $-82.00K | - | $-31.00K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | $-29.58M | $-30.28M | $-24.57M | $-21.00M | $-25.78M | $-28.62M | $-2.68M | $-2.01M | $-1.09M | $-1.42M | $-1.35M | $-1.17M | $-2.33M | $-3.15M | $-3.27M | $-5.68M | $-4.71M | $-4.83M | $-4.10M | $-5.12M | $-1.99M | $-1.30M | $-1.32M | $-1.23M | $-1.16M | $-1.44M | $-1.66M | $-1.49M | $-1.59M | $-2.12M | $-2.73M | $-4.20M | $-4.43M | $-5.52M | $-4.34M | $-4.24M | $-4.66M | $-3.89M | $-3.65M | $-3.17M | $-2.81M | $-2.72M | $-2.74M | $-2.61M | $-2.28M | $-2.40M | $-2.39M | $-2.95M | $-1.72M | $-1.20M | $-1.07M | $-840.00K | $-927.00K | $-1.15M | $-1.41M | $-1.63M | $-1.82M | $294.00K |
| Basic EPS | nan | nan | -0.46 | -0.40 | 2.21 | -1.46 | -0.18 | -0.14 | -0.08 | -0.10 | -0.09 | -0.08 | -0.16 | -0.22 | nan | -0.40 | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | -0.09 | nan | nan | nan | 0.03 |
| Diluted EPS | nan | nan | -0.46 | -0.40 | 2.21 | -1.46 | -0.18 | -0.14 | -0.08 | -0.10 | -0.09 | -0.08 | -0.16 | -0.22 | nan | -0.40 | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | -0.09 | nan | nan | nan | 0.03 |
| Basic Shares Outstanding | - | - | 42.1M | 41.7M | 9.0M | 15.0M | 14.5M | 14.5M | 6K | 14.4M | 14.4M | - | 14.4M | 14.4M | - | 171K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.2M | - | - | - | 10.1M |
| Diluted Shares Outstanding | - | - | 42.1M | 41.7M | 9.0M | 15.0M | 14.5M | 14.5M | 6K | 14.4M | 14.4M | - | 14.4M | 14.4M | - | 171K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.2M | - | - | - | 10.3M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q1 2023 (Jun 30, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
Q4 2020 (Dec 31, 2020) |
Q3 2020 (Sep 30, 2020) |
Q2 2020 (Jun 30, 2020) |
Q1 2020 (Mar 31, 2020) |
Q4 2019 (Dec 31, 2019) |
Q3 2019 (Sep 30, 2019) |
Q2 2019 (Jun 30, 2019) |
Q1 2019 (Mar 31, 2019) |
Q4 2018 (Dec 31, 2018) |
Q3 2018 (Sep 30, 2018) |
Q2 2018 (Jun 30, 2018) |
Q1 2018 (Mar 31, 2018) |
Q4 2017 (Dec 31, 2017) |
Q3 2017 (Sep 30, 2017) |
Q2 2017 (Jun 30, 2017) |
Q1 2017 (Mar 31, 2017) |
Q4 2016 (Dec 31, 2016) |
Q3 2016 (Sep 30, 2016) |
Q2 2016 (Jun 30, 2016) |
Q1 2016 (Mar 31, 2016) |
Q4 2015 (Dec 31, 2015) |
Q3 2015 (Sep 30, 2015) |
Q2 2015 (Jun 30, 2015) |
Q1 2015 (Mar 31, 2015) |
Q4 2014 (Dec 31, 2014) |
Q3 2014 (Sep 30, 2014) |
Q2 2014 (Jun 30, 2014) |
Q1 2014 (Mar 31, 2014) |
Q4 2013 (Dec 31, 2013) |
Q3 2013 (Sep 30, 2013) |
Q2 2013 (Jun 30, 2013) |
Q1 2013 (Mar 31, 2013) |
Q4 2012 (Dec 31, 2012) |
Q3 2012 (Sep 30, 2012) |
Q2 2012 (Jun 30, 2012) |
Q1 2012 (Mar 31, 2012) |
Q4 2011 (Dec 31, 2011) |
Q3 2011 (Sep 30, 2011) |
Q2 2011 (Jun 30, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $46.94M | $91.25M | $65.40M | $83.57M | $61.58M | $410.88M | $33.28M | $35.90M | $37.43M | $38.49M | $40.85M | $42.45M | $43.94M | $46.44M | $49.06M | $53.36M | $58.31M | $63.20M | $66.93M | $49.07M | $51.09M | $11.04M | $6.67M | $8.36M | $9.64M | $9.97M | $8.01M | $6.61M | $8.06M | $9.63M | $12.10M | $8.70M | $8.14M | $9.10M | $6.17M | $7.40M | $8.10M | $14.38M | $29.72M | $38.80M | $41.48M | $44.09M | $12.18M | $15.35M | $17.25M | $19.38M | $21.20M | $16.76M | $18.63M | $20.37M | $3.54M | $2.92M | $3.08M | $3.18M | $4.23M | $5.94M | $5.75M | $7.46M |
| Short-term Investments | $290.11M | $257.90M | $263.01M | $265.52M | $314.07M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | $6.81M | $6.01M | $3.61M | $2.99M | $1.22M | $2.07M | $537.00K | $767.00K | $161.00K | $405.00K | $852.00K | $254.00K | $611.00K | $1.22M | $1.48M | $1.06M | $1.35M | $1.60M | $1.80M | $897.00K | $841.00K | $532.00K | $704.00K | $117.00K | $259.00K | $357.00K | $513.00K | $169.00K | $336.00K | $375.00K | $631.00K | $547.00K | $425.00K | $648.00K | $643.00K | $282.00K | $320.00K | $377.00K | $391.00K | $114.00K | $205.00K | $241.00K | $490.00K | $134.00K | $216.00K | $303.00K | $599.00K | $169.00K | $379.00K | $284.00K | $456.00K | $125.00K | $184.00K | $408.00K | $475.00K | $269.00K | $340.00K | $364.00K |
| Total Current Assets | $343.86M | $355.16M | $332.01M | $352.08M | $376.87M | $412.95M | $33.82M | $36.67M | $37.59M | $38.89M | $41.70M | $42.70M | $44.55M | $47.66M | $50.54M | $54.42M | $59.67M | $64.79M | $68.73M | $49.97M | $51.94M | $11.57M | $7.38M | $8.48M | $9.90M | $10.32M | $8.52M | $6.78M | $8.39M | $10.01M | $12.73M | $12.30M | $16.38M | $16.66M | $19.85M | $21.45M | $23.79M | $26.73M | $31.02M | $38.92M | $41.69M | $44.33M | $12.67M | $15.49M | $17.46M | $19.68M | $21.80M | $16.93M | $19.01M | $20.66M | $3.99M | $3.04M | $3.27M | $3.59M | $4.70M | $6.21M | $6.09M | $7.83M |
| Property Plant & Equipment | $288.00K | $253.00K | $174.00K | $159.00K | $162.00K | $160.00K | $4.00K | $7.00K | $10.00K | $13.00K | $21.00K | $25.00K | $30.00K | $37.00K | $43.00K | $48.00K | $48.00K | $45.00K | $27.00K | $21.00K | $10.00K | $12.00K | $10.00K | $10.00K | $10.00K | $13.00K | $19.00K | $24.00K | $29.00K | $33.00K | $37.00K | $42.00K | $48.00K | $54.00K | $59.00K | $66.00K | $69.00K | $76.00K | $24.00K | $28.00K | $31.00K | $34.00K | $34.00K | $36.00K | $26.00K | $29.00K | $26.00K | $29.00K | $27.00K | $21.00K | $22.00K | $23.00K | $33.00K | $43.00K | $52.00K | $66.00K | $166.00K | $490.00K |
| Long-term Investments | $142.54M | $151.76M | $23.05M | $23.95M | $18.07M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-current Assets | $103.00K | $103.00K | $103.00K | $103.00K | $43.00K | $43.00K | $12.00K | $12.00K | $12.00K | $12.00K | $18.00K | $18.00K | $18.00K | $18.00K | $18.00K | $18.00K | $18.00K | $18.00K | $12.00K | $12.00K | $36.00K | $24.00K | $24.00K | $24.00K | $24.00K | $24.00K | $24.00K | $24.00K | $24.00K | $24.00K | $24.00K | $24.00K | $497.00K | $587.00K | $676.00K | $766.00K | $855.00K | $816.00K | $580.00K | $630.00K | $679.00K | $754.00K | $553.00K | $608.00K | $548.00K | $831.00K | $828.00K | $130.00K | $100.00K | $104.00K | $124.00K | $144.00K | $164.00K | $183.00K | $204.00K | $224.00K | $244.00K | $264.00K |
| Total Assets | $488.62M | $509.25M | $357.42M | $377.11M | $396.02M | $414.09M | $33.84M | $36.71M | $37.86M | $39.18M | $42.06M | $43.09M | $44.97M | $48.10M | $51.01M | $54.92M | $60.19M | $65.34M | $69.18M | $50.43M | $51.98M | $11.63M | $7.46M | $8.54M | $9.95M | $10.39M | $8.61M | $6.83M | $8.45M | $10.07M | $12.79M | $12.37M | $16.92M | $17.30M | $20.59M | $24.63M | $28.68M | $32.63M | $36.93M | $39.57M | $42.40M | $45.12M | $13.26M | $16.13M | $18.04M | $20.54M | $22.66M | $17.08M | $19.14M | $20.78M | $4.14M | $3.21M | $3.46M | $3.82M | $4.96M | $6.50M | $6.50M | $8.58M |
| Accounts Payable | - | - | - | - | - | - | $571.00K | $529.00K | $362.00K | $322.00K | $366.00K | $334.00K | $593.00K | $1.11M | $1.01M | $1.12M | $1.13M | $2.19M | $1.58M | $1.77M | $761.00K | $576.00K | $167.00K | $418.00K | $135.00K | $254.00K | $260.00K | $230.00K | $217.00K | $406.00K | $772.00K | $622.00K | $1.24M | $1.07M | $980.00K | $1.21M | $1.14M | $760.00K | $744.00K | $364.00K | $647.00K | $714.00K | $651.00K | $795.00K | $365.00K | $725.00K | $552.00K | $597.00K | $447.00K | $387.00K | $377.00K | $65.00K | $119.00K | $227.00K | $126.00K | $260.00K | $284.00K | $517.00K |
| Other Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $440.00K | $359.00K | $264.00K | $374.00K | $351.00K | $457.00K | $446.00K | $247.00K | $257.00K | $383.00K | $121.00K | $63.00K | $141.00K | $357.00K | $350.00K | $270.00K | $339.00K |
| Total Current Liabilities | $15.37M | $20.97M | $12.11M | $11.72M | $13.04M | $18.04M | $1.27M | $1.58M | $637.00K | $992.00K | $1.27M | $1.13M | $1.94M | $2.81M | $2.72M | $3.50M | $3.18M | $3.69M | $2.88M | $3.50M | $1.53M | $1.33M | $1.16M | $926.00K | $1.15M | $1.20M | $1.29M | $793.00K | $978.00K | $1.06M | $1.72M | $2.07M | $2.54M | $2.52M | $2.52M | $2.40M | $2.16M | $1.70M | $2.34M | $1.50M | $1.30M | $1.36M | $1.13M | $1.39M | $838.00K | $1.22M | $1.12M | $1.50M | $769.00K | $750.00K | $828.00K | $305.00K | $286.00K | $529.00K | $594.00K | $754.00K | $661.00K | $1.00M |
| Total Liabilities | $16.69M | $22.46M | $13.78M | $12.39M | $13.80M | $18.88M | $1.27M | $1.58M | $841.00K | $1.22M | $1.53M | $1.41M | $2.24M | $3.14M | $3.08M | $3.88M | $3.59M | $4.13M | $3.27M | $3.91M | - | - | - | $926.00K | - | - | - | $793.00K | $982.00K | $1.07M | $1.73M | $2.09M | $2.57M | $2.55M | $2.55M | $2.44M | $2.20M | $1.74M | - | $1.50M | $1.30M | $1.36M | $1.13M | $1.39M | $841.00K | $1.22M | $1.12M | $1.50M | $769.00K | $750.00K | $828.00K | $305.00K | $286.00K | $529.00K | $602.00K | $770.00K | $686.00K | $1.04M |
| Common Stock | $49.00K | $48.00K | $37.00K | $37.00K | $37.00K | $35.00K | $14.00K | $14.00K | $14.00K | $14.00K | $14.00K | $14.00K | $14.00K | $14.00K | $14.00K | $14.00K | $14.00K | $14.00K | $14.00K | $10.00K | $9.00K | $2.00K | $2.00K | $2.00K | $2.00K | $1.00K | $1.00K | $14.00K | $14.00K | $14.00K | $14.00K | $12.00K | $12.00K | $10.00K | $9.00K | $9.00K | $9.00K | $9.00K | $9.00K | $9.00K | $9.00K | $63.00K | $21.00K | $21.00K | $21.00K | $21.00K | $21.00K | $16.00K | $13.00K | $10.00K | $3.00K | $3.00K | $15.00K | $12.00K | $12.00K | $12.00K | $11.00K | $11.00K |
| Retained Earnings | $-189.16M | $-159.57M | $-129.30M | $-104.72M | $-83.72M | $-57.94M | $-193.43M | $-190.75M | $-188.74M | $-187.65M | $-184.75M | $-183.40M | $-182.23M | $-179.90M | $-176.75M | $-173.48M | $-167.80M | $-163.09M | $-158.25M | $-154.15M | $-149.03M | $-147.04M | $-145.74M | $-144.42M | $-143.19M | $-142.03M | $-140.60M | $-138.93M | $-137.44M | $-135.85M | $-133.74M | $-131.00M | $-126.80M | $-122.37M | $-116.85M | $-112.51M | $-108.27M | $-103.61M | $-99.71M | $-96.07M | $-92.90M | $-90.08M | $-87.37M | $-84.62M | $-82.01M | $-79.73M | $-77.32M | $-74.93M | $-71.99M | $-70.26M | $-69.06M | $-67.99M | $-67.15M | $-66.23M | $-65.08M | $-63.67M | $-62.04M | $-60.22M |
| Total Stockholders Equity | $471.93M | $486.79M | $343.64M | $364.73M | $382.22M | $342.37M | $32.57M | $35.12M | $37.02M | $37.97M | $40.53M | $41.67M | $42.73M | $44.96M | $47.94M | $51.04M | $56.60M | $61.21M | $65.91M | $46.52M | $50.45M | $10.30M | $6.31M | $7.61M | $8.80M | $9.19M | $7.32M | $6.03M | $7.46M | $9.00M | $11.05M | $10.28M | $14.35M | $14.75M | $18.04M | $22.19M | $26.48M | $30.89M | $34.58M | $38.07M | $41.09M | $43.76M | $12.13M | $14.74M | $17.20M | $19.32M | $21.53M | $15.58M | $18.37M | $20.03M | $3.31M | $2.91M | $3.18M | $3.29M | $4.36M | $5.73M | $5.81M | $7.54M |
| Total Liabilities & Equity | $488.62M | $509.25M | $357.42M | $377.11M | $396.02M | $414.09M | $33.84M | $36.71M | $37.86M | $39.18M | $42.06M | $43.09M | $44.97M | $48.10M | $51.01M | $54.92M | $60.19M | $65.34M | $69.18M | $50.43M | $51.98M | $11.63M | $7.46M | $8.54M | $9.95M | $10.39M | $8.61M | $6.83M | $8.45M | $10.07M | $12.79M | $12.37M | $16.92M | $17.30M | $20.59M | $24.63M | $28.68M | $32.63M | $36.93M | $39.57M | $42.40M | $45.12M | $13.26M | $16.13M | $18.04M | $20.54M | $22.66M | $17.08M | $19.14M | $20.78M | $4.14M | $3.21M | $3.46M | $3.82M | $4.96M | $6.50M | $6.50M | $8.58M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q1 2023 (Jun 30, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
Q4 2020 (Dec 31, 2020) |
Q3 2020 (Sep 30, 2020) |
Q2 2020 (Jun 30, 2020) |
Q1 2020 (Mar 31, 2020) |
Q4 2019 (Dec 31, 2019) |
Q3 2019 (Sep 30, 2019) |
Q2 2019 (Jun 30, 2019) |
Q1 2019 (Mar 31, 2019) |
Q4 2018 (Dec 31, 2018) |
Q3 2018 (Sep 30, 2018) |
Q2 2018 (Jun 30, 2018) |
Q1 2018 (Mar 31, 2018) |
Q4 2017 (Dec 31, 2017) |
Q3 2017 (Sep 30, 2017) |
Q2 2017 (Jun 30, 2017) |
Q1 2017 (Mar 31, 2017) |
Q4 2016 (Dec 31, 2016) |
Q3 2016 (Sep 30, 2016) |
Q2 2016 (Jun 30, 2016) |
Q1 2016 (Mar 31, 2016) |
Q4 2015 (Dec 31, 2015) |
Q3 2015 (Sep 30, 2015) |
Q2 2015 (Jun 30, 2015) |
Q1 2015 (Mar 31, 2015) |
Q4 2014 (Dec 31, 2014) |
Q3 2014 (Sep 30, 2014) |
Q2 2014 (Jun 30, 2014) |
Q1 2014 (Mar 31, 2014) |
Q4 2013 (Dec 31, 2013) |
Q3 2013 (Sep 30, 2013) |
Q2 2013 (Jun 30, 2013) |
Q1 2013 (Mar 31, 2013) |
Q4 2012 (Dec 31, 2012) |
Q3 2012 (Sep 30, 2012) |
Q2 2012 (Jun 30, 2012) |
Q1 2012 (Mar 31, 2012) |
Q4 2011 (Dec 31, 2011) |
Q3 2011 (Sep 30, 2011) |
Q2 2011 (Jun 30, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-29.58M | $-30.28M | $-24.57M | $-21.00M | $-25.78M | $-28.62M | $-4.69M | $-2.01M | $-1.09M | $-1.42M | $-1.35M | $-1.17M | $-8.75M | $-3.15M | $-3.27M | $-5.68M | $-4.71M | $-8.93M | $-4.10M | $-5.12M | $-4.61M | $-2.62M | $-1.32M | $-1.23M | $-4.26M | $-1.44M | $-1.66M | $-1.49M | $-6.44M | $-4.85M | $-2.73M | $-4.20M | $-4.43M | $-5.52M | $-4.34M | $-4.24M | $-12.20M | $-3.89M | $-3.65M | $-3.17M | $-2.81M | $-2.72M | $-2.74M | $-2.61M | $-7.08M | $-2.40M | $-2.39M | $-2.95M | $-3.99M | $-1.20M | $-1.07M | $-840.00K | $-927.00K | $-2.55M | $-1.41M | $-1.63M | $-1.82M | $-1.91M |
| Depreciation & Amortization | - | - | - | - | - | - | $6.00K | $3.00K | $3.00K | $12.00K | $4.00K | $5.00K | $15.00K | $11.00K | $5.00K | $5.00K | $11.00K | $6.00K | $3.00K | $2.00K | $6.00K | $4.00K | $3.00K | $2.00K | $16.00K | $11.00K | $5.00K | $5.00K | $17.00K | $11.00K | $6.00K | $6.00K | $21.00K | $14.00K | $7.00K | $7.00K | $17.00K | $9.00K | $5.00K | $5.00K | $14.00K | $9.00K | $4.00K | $4.00K | $8.00K | $5.00K | $3.00K | $2.00K | $24.00K | $19.00K | $10.00K | $9.00K | $34.00K | $24.00K | $14.00K | $84.00K | $518.00K | $195.00K |
| Stock-based Compensation | $4.12M | $20.12M | $9.96M | $4.88M | $5.15M | $9.77M | $226.00K | $114.00K | $141.00K | $545.00K | $204.00K | $120.00K | $436.00K | $339.00K | $167.00K | $119.00K | $378.00K | $274.00K | $141.00K | $18.00K | $25.00K | $20.00K | $16.00K | $27.00K | $124.00K | $95.00K | $50.00K | $58.00K | $215.00K | $157.00K | $97.00K | $119.00K | $339.00K | $220.00K | $101.00K | $-29.00K | $605.00K | $338.00K | $155.00K | $145.00K | $454.00K | $305.00K | $130.00K | $156.00K | $491.00K | $330.00K | $158.00K | $158.00K | $125.00K | $76.00K | $42.00K | $63.00K | $243.00K | $168.00K | $91.00K | $76.00K | $232.00K | $153.00K |
| Change in Payables | - | - | - | - | - | - | $209.00K | $167.00K | $40.00K | $-12.00K | $32.00K | $-259.00K | $-524.00K | $-7.00K | $-103.00K | $-6.00K | $-405.00K | $661.00K | $56.00K | $1.02M | $83.00K | $-103.00K | $-293.00K | $283.00K | $-95.00K | $-13.00K | $-2.00K | $13.00K | $-405.00K | $-217.00K | $-14.00K | $-612.00K | $29.00K | $-141.00K | $-234.00K | $193.00K | $648.00K | $391.00K | $380.00K | $-264.00K | $-167.00K | $-198.00K | $-144.00K | $430.00K | $-232.00K | $128.00K | $-45.00K | $150.00K | $382.00K | $322.00K | $312.00K | $-54.00K | $-141.00K | $-34.00K | $-134.00K | $-24.00K | $-104.00K | $129.00K |
| Operating Cash Flow | $-22.59M | $-65.62M | $-44.01M | $-20.87M | $-18.82M | $-39.02M | $-4.16M | $-1.53M | $-1.06M | $-3.96M | $-1.59M | $-1.49M | $-9.42M | $-6.92M | $-4.30M | $-4.95M | $-13.81M | $-8.95M | $-5.22M | $-3.00M | $-4.73M | $-2.73M | $-1.69M | $-1.16M | $-3.64M | $-2.76M | $-1.57M | $-1.34M | $-6.90M | $-5.33M | - | $-4.20M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-1.87M | $-3.42M | $-1.74M | $-764.00K | $-670.00K | $-3.41M | $-2.63M | $-1.66M | $-1.24M | $-5.72M | $-4.05M |
| Capital Expenditure | $63.00K | $146.00K | $47.00K | $13.00K | $18.00K | $171.00K | - | - | - | - | - | - | $2.00K | $2.00K | $2.00K | $7.00K | $36.00K | $22.00K | $6.00K | $13.00K | $6.00K | $6.00K | $3.00K | $2.00K | $2.00K | - | - | - | $4.00K | $1.00K | $1.00K | $1.00K | $2.00K | $2.00K | - | $4.00K | $8.00K | $2.00K | $1.00K | $2.00K | $9.00K | $7.00K | $2.00K | $14.00K | $5.00K | $5.00K | - | $4.00K | $28.00K | $17.00K | $9.00K | - | $1.00K | $1.00K | - | $18.00K | $1.00K | $1.00K |
| Purchases of Investments | $100.99M | $419.97M | $152.29M | $44.29M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $-22.02M | $-74.72M | $47.73M | $42.87M | $-329.96M | $-171.00K | - | - | - | - | - | - | $-2.00K | $-2.00K | $-2.00K | $-7.00K | $-36.00K | $-22.00K | $-6.00K | $-13.00K | $-6.00K | $-6.00K | $-3.00K | $-2.00K | $-2.00K | - | - | - | $3.05M | $3.05M | - | $4.75M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-4.00K | $-28.00K | $-17.00K | $-9.00K | - | $-1.00K | $-1.00K | - | $5.00K | $2.00M | $2.00M |
| Stock Issued | $562.00K | $109.00K | $109.00K | - | - | - | - | - | - | - | - | - | - | - | - | - | $24.07M | $24.07M | $24.07M | $1.25M | $49.64M | $6.06M | - | - | $7.28M | $6.52M | $3.08M | - | $3.53M | $3.53M | $3.53M | $36.00K | $6.51M | $2.28M | $210.00K | - | - | - | - | - | $37.00M | $37.00M | - | - | $9.04M | $9.04M | $9.02M | - | $1.74M | $1.74M | $1.74M | $575.00K | $953.00K | - | - | $1.73M | $3.00M | $3.00M |
| Financing Cash Flow | $298.00K | $170.02M | $109.00K | - | $-526.00K | $450.06M | $14.00K | - | - | - | - | - | - | - | - | - | $23.09M | $23.09M | $23.09M | $984.00K | $47.47M | $5.41M | - | $-122.00K | $6.68M | $6.11M | $2.96M | $-105.00K | $3.21M | $3.21M | - | $7.00K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $19.16M | $19.21M | $1.39M | $508.00K | $547.00K | $-127.00K | $-60.00K | $1.43M | $2.44M | $2.48M |
| Net Change in Cash | - | - | - | - | - | - | $-4.15M | $-1.53M | $-1.06M | $-3.96M | $-1.59M | $-1.49M | $-9.42M | $-6.92M | $-4.30M | $-4.95M | $9.24M | $14.13M | $17.86M | $-2.02M | $42.73M | $2.68M | $-1.69M | $-1.28M | $3.04M | $3.36M | $1.40M | $-1.45M | $-646.00K | $933.00K | - | $560.00K | - | - | - | - | - | - | - | - | - | $28.73M | $-3.17M | $-1.90M | $493.00K | $2.62M | $4.45M | $-1.88M | $15.71M | $17.45M | $617.00K | $-161.00K | $-2.86M | $-2.76M | $-1.72M | $195.00K | $-1.28M | $438.00K |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Operating Expenses | $34.10M | - | $87.62M | - |
| Research & Development | $28.99M | - | $73.00M | - |
| Operating Income | $-34.10M | - | $-87.62M | - |
| Interest Expense | - | - | - | - |
| Interest Income | $3.83M | - | $11.78M | - |
| Other Income/Expense | $3.83M | - | $11.77M | - |
| Net Income | $-30.28M | $-22.24M | $-75.85M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $91.25M | $61.58M |
| Short-term Investments | $257.90M | $314.07M |
| Other Current Assets | $6.01M | $1.22M |
| Total Current Assets | $355.16M | $376.87M |
| Property Plant & Equipment | $253.00K | $162.00K |
| Long-term Investments | $151.76M | $18.07M |
| Other Non-current Assets | $103.00K | $43.00K |
| Total Assets | $509.25M | $396.02M |
| Total Current Liabilities | $20.97M | $13.04M |
| Total Liabilities | $22.46M | $13.80M |
| Common Stock | $48.00K | $37.00K |
| Retained Earnings | $-159.57M | $-83.72M |
| Total Stockholders Equity | $486.79M | $382.22M |
| Total Liabilities & Equity | $509.25M | $396.02M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-30.28M | $-22.24M | $-75.85M | - |
| Stock-based Compensation | - | - | $20.12M | - |
| Operating Cash Flow | - | - | $-65.62M | - |
| Capital Expenditure | - | - | $146.00K | - |
| Purchases of Investments | - | - | $419.97M | - |
| Investing Cash Flow | - | - | $-74.72M | - |
| Stock Issued | - | - | $109.00K | - |
| Financing Cash Flow | - | - | $170.02M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.