-
Revenue
$-221.78M
Net Income
-
Gross Margin
-
Op. Margin
$-297.82M
Free Cash Flow
| Breakdown | 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) |
|---|---|---|---|---|---|---|---|---|
| Operating Expenses | $52.90M | $88.42M | $50.13M | $47.11M | $49.32M | $40.81M | $34.96M | $28.71M |
| Research & Development | $7.51M | $30.64M | $39.50M | $35.93M | $37.46M | $30.50M | $27.07M | $22.23M |
| Operating Income | $-52.90M | $-88.42M | $-50.13M | $-47.11M | $-49.32M | $-40.81M | $-34.96M | $-28.71M |
| Interest Expense | - | - | - | - | - | - | - | $1.60M |
| Interest Income | $3.27M | $3.94M | $4.67M | $5.40M | $4.99M | $5.00M | $3.29M | - |
| Other Income/Expense | $-307.00K | $-11.00K | $31.00K | $-199.00K | $-17.00K | $-10.00K | $3.32M | $891.00K |
| Net Income | $-49.94M | $-84.50M | $-45.44M | $-41.91M | $-44.35M | $-35.81M | $-32.08M | $-35.47M |
| Basic EPS | -1.04 | -1.77 | -0.95 | -0.88 | -1.02 | -0.87 | 81.62 | -47.37 |
| Diluted EPS | -1.04 | -1.77 | -0.95 | -0.88 | -1.02 | -0.87 | 81.62 | -47.37 |
| Basic Shares Outstanding | 48.1M | 47.9M | 955K | 47.7M | 43.3M | 41.0M | 5.3M | 749K |
| Diluted Shares Outstanding | 48.1M | 47.9M | 955K | 47.7M | 43.3M | 41.0M | 5.3M | 749K |
| Breakdown | 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) |
|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $107.75M | $61.77M | $64.38M | $71.18M | $153.58M | $81.53M | $405.73M | $60.34M |
| Short-term Investments | $144.82M | $257.07M | $275.32M | $333.67M | $289.90M | $294.39M | - | - |
| Other Current Assets | $4.99M | $4.40M | $5.31M | $5.17M | $4.62M | $4.04M | $3.75M | $3.07M |
| Total Current Assets | $258.61M | $324.81M | $345.01M | $410.02M | $448.10M | $379.95M | $409.48M | $63.42M |
| Property Plant & Equipment | - | $1.11M | $11.29M | $11.66M | $11.84M | $10.61M | $10.38M | $9.15M |
| Long-term Investments | - | $12.44M | $28.39M | - | - | - | - | - |
| Other Non-current Assets | - | $93.00K | $5.31M | $4.65M | $4.38M | $4.38M | $4.39M | $7.02M |
| Total Assets | $258.61M | $361.96M | $414.05M | $450.96M | $490.01M | $422.43M | $453.04M | $82.41M |
| Accounts Payable | $8.67M | $4.23M | $2.44M | $5.37M | $7.01M | $7.17M | $5.01M | $7.43M |
| Total Current Liabilities | $20.91M | $51.55M | $25.03M | $21.64M | $26.42M | $22.65M | $21.16M | $41.13M |
| Other Non-current Liabilities | - | - | - | - | - | - | $225.00K | $225.00K |
| Total Liabilities | $20.91M | $79.50M | $53.83M | $50.08M | $53.91M | $49.22M | $47.65M | $41.66M |
| Common Stock | $46.00K | $46.00K | $46.00K | $46.00K | $46.00K | $39.00K | $41.00K | $1.00K |
| Retained Earnings | $-447.08M | $-397.15M | $-312.65M | $-267.21M | $-225.31M | $-180.96M | $-145.15M | $-113.07M |
| Total Stockholders Equity | $237.70M | $282.46M | $360.23M | $400.88M | $436.10M | $373.21M | $405.39M | $-109.33M |
| Total Liabilities & Equity | $258.61M | $361.96M | $414.05M | $450.96M | $490.01M | $422.43M | $453.04M | $82.41M |
| Breakdown | 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) |
|---|---|---|---|---|---|---|---|---|
| Net Income | $-134.44M | $-84.50M | $-45.44M | $-122.07M | $-80.16M | $-35.81M | $-32.08M | $-35.47M |
| Stock-based Compensation | $12.13M | $6.88M | $4.83M | $13.14M | $8.21M | $3.90M | $1.62M | $1.71M |
| Change in Payables | $6.53M | $1.60M | $-3.15M | $1.05M | $2.32M | $2.67M | $-2.54M | $3.30M |
| Operating Cash Flow | $-115.08M | $-37.69M | $-34.89M | $-104.86M | $-65.23M | $-30.15M | $-28.98M | $-52.18M |
| Capital Expenditure | $481.00K | $382.00K | $630.00K | $3.82M | $2.75M | $1.29M | $2.62M | $5.66M |
| Purchases of Investments | $81.69M | $81.69M | $115.41M | $489.46M | $360.38M | $292.34M | - | - |
| Investing Cash Flow | $158.40M | $35.04M | $28.27M | $-333.35M | $-290.17M | $-293.96M | $-2.97M | $-6.02M |
| Financing Cash Flow | $43.00K | $38.00K | $-178.00K | $103.65M | $103.25M | $-104.00K | $377.91M | $116.67M |
| Net Change in Cash | $43.37M | $-2.61M | $-6.80M | $-334.56M | $-252.15M | $-324.21M | $345.95M | $58.47M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.