-
Revenue
$-221.78M
Net Income
-
Gross Margin
-
Op. Margin
$-297.82M
Free Cash Flow
| Breakdown | TTM (Jun 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
|---|---|---|---|
| Operating Expenses | $238.57M | $187.37M | $96.71M |
| Research & Development | $113.58M | $143.40M | $75.79M |
| Operating Income | $-238.57M | $-187.37M | $-96.71M |
| Interest Expense | - | - | $1.60M |
| Interest Income | $17.28M | $20.06M | $4.87M |
| Other Income/Expense | $-486.00K | $-195.00K | $4.81M |
| Net Income | $-221.78M | $-167.50M | $-98.15M |
| Basic EPS | -4.64 | -3.72 | -16.53 |
| Diluted EPS | -4.64 | -3.72 | -16.53 |
| Basic Shares Outstanding | 48.1M | 45.0M | 5.9M |
| Diluted Shares Outstanding | 48.1M | 45.0M | 5.9M |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
|---|---|---|
| Cash & Cash Equivalents | $64.38M | $405.73M |
| Short-term Investments | $275.32M | - |
| Other Current Assets | $5.31M | $3.75M |
| Total Current Assets | $345.01M | $409.48M |
| Property Plant & Equipment | $11.29M | $10.38M |
| Long-term Investments | $28.39M | - |
| Other Non-current Assets | $5.31M | $4.39M |
| Total Assets | $414.05M | $453.04M |
| Accounts Payable | $2.44M | $5.01M |
| Total Current Liabilities | $25.03M | $21.16M |
| Other Non-current Liabilities | - | $225.00K |
| Total Liabilities | $53.83M | $47.65M |
| Common Stock | $46.00K | $41.00K |
| Retained Earnings | $-312.65M | $-145.15M |
| Total Stockholders Equity | $360.23M | $405.39M |
| Total Liabilities & Equity | $414.05M | $453.04M |
| Breakdown | TTM (Jun 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
|---|---|---|---|
| Net Income | $-386.44M | $-167.50M | $-98.15M |
| Stock-based Compensation | $36.98M | $17.97M | $3.33M |
| Change in Payables | $6.03M | $-2.10M | $757.00K |
| Operating Cash Flow | $-292.51M | $-139.74M | $-81.16M |
| Capital Expenditure | $5.31M | $4.45M | $8.28M |
| Purchases of Investments | $768.25M | $604.87M | - |
| Investing Cash Flow | $-111.64M | $-305.08M | $-8.99M |
| Financing Cash Flow | $103.55M | $103.47M | $494.58M |
| Net Change in Cash | $-300.60M | $-341.35M | $404.43M |
SEC Filing Format - Data shown as it appears in the Q2 2025 (10-Q) filing
Period ended: Jun 30, 2025
Condensed Consolidated Statements of Operations
| Description | Jun 30, 2025 | Jun 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Operating Expenses | $52.90M | - | $141.32M | - |
| Research & Development | $7.51M | - | $38.15M | - |
| Operating Income | $-52.90M | - | $-141.32M | - |
| Interest Income | $3.27M | - | $7.21M | - |
| Other Income/Expense | $-307.00K | - | $-318.00K | - |
| Net Income | $-49.94M | $-35.81M | $-134.44M | - |
| Basic EPS | -1.04 | - | -2.80 | - |
| Diluted EPS | -1.04 | - | -2.80 | - |
| Basic Shares Outstanding | $48.13M | - | $47.99M | - |
| Diluted Shares Outstanding | $48.13M | - | $47.99M | - |
Condensed Consolidated Balance Sheets
| Description | Jun 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $107.75M | $64.38M |
| Short-term Investments | $144.82M | $275.32M |
| Other Current Assets | $4.99M | $5.31M |
| Total Current Assets | $258.61M | $345.01M |
| Property Plant & Equipment | - | $11.29M |
| Long-term Investments | - | $28.39M |
| Other Non-current Assets | - | $5.31M |
| Total Assets | $258.61M | $414.05M |
| Accounts Payable | $8.67M | $2.44M |
| Total Current Liabilities | $20.91M | $25.03M |
| Total Liabilities | $20.91M | $53.83M |
| Common Stock | $46.00K | $46.00K |
| Retained Earnings | $-447.08M | $-312.65M |
| Total Stockholders Equity | $237.70M | $360.23M |
| Total Liabilities & Equity | $258.61M | $414.05M |
Condensed Consolidated Statements of Cash Flows
| Description | Jun 30, 2025 | Jun 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-49.94M | $-35.81M | $-134.44M | - |
| Stock-based Compensation | - | - | $12.13M | - |
| Change in Payables | - | - | $6.53M | - |
| Operating Cash Flow | - | - | $-115.08M | - |
| Capital Expenditure | - | - | $481.00K | - |
| Purchases of Investments | - | - | $81.69M | - |
| Investing Cash Flow | - | - | $158.40M | - |
| Financing Cash Flow | - | - | $43.00K | - |
| Net Change in Cash | - | - | $43.37M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.