MADRIGAL PHARMACEUTICALS, INC. Financial Summary

Complete Filing Data

MADRIGAL PHARMACEUTICALS, INC. reported Research And Development Expense Excluding Acquired In Process Cost of $388.53 million for FY2025.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean MADRIGAL PHARMACEUTICALS, INC. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009
Net Income *-$288.3M-$465.9M-$373.6M-$295.4M-$241.8M-$202.2M-$83.9M-$32.8M-$31.2M-$26.4M
Revenue *$958.4M$180.1M$0.00$0.00$0.00$0.00$0.00$147.0K
Research And Development Expense Excluding Acquired In Process Cost$388.5M$236.7M$272.4M$245.4M$205.2M$184.8M$72.3M$25.4M$24.4M$15.9M$2.4M$68.2M$71.9M$49.4M$41.5M$40.3M$51.1M
Operating Income Loss-$300.1M-$497.9M-$380.5M-$293.6M-$242.5M-$206.7M-$95.0M-$40.7M-$32.1M-$25.2M-$3.2M-$84.0M-$87.6M-$60.9M-$45.4M-$36.9M$79.3M
Operating Expenses$1.26B$678.0M$380.5M$293.6M$242.5M$206.7M$95.0M$40.7M$32.1M$25.2M$3.2M$84.0M$87.6M$61.1M$53.0M$51.7M$64.9M
General And Administrative Expense$108.1M$48.1M$37.3M$21.9M$22.6M$15.3M$7.7M$9.3M$805.8K$15.7M$15.7M$11.7M$11.6M$11.4M$12.7M
Comprehensive Income Net Of Tax-$287.9M-$465.9M-$373.1M-$295.3M-$242.0M-$202.4M-$83.4M-$33.1M-$31.2M-$26.4M-$6.8M-$86.2M-$90.2M-$62.8M-$47.4M-$37.5M
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent$48.0K-$127.0K-$169.0K$535.0K-$288.0K-$56.0K$25.0K-$13.0K$15.0K-$1.0K$6.0K-$3.0K-$15.0K
Net Income Loss Available To Common Stockholders Basic-$31.2M-$26.4M-$6.8M-$86.2M-$90.2M-$62.8M-$47.4M-$37.5M$79.1M
Interest Income Expense Nonoperating Net-$1.1M-$2.2M-$2.6M-$1.8M-$1.9M-$569.0K-$216.0K
Interest Expense$12.7M$4.0M$0.00$0.00$1.2M$3.6M
Cost Of Goods And Services Sold$6.2M$0.00$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021Q4 2020Q3 2020Q2 2020Q1 2020Q4 2019Q3 2019Q2 2019Q1 2019Q4 2018Q3 2018Q2 2018Q1 2018Q4 2017Q3 2017Q2 2017Q1 2017Q3 2016Q2 2016Q1 2016Q4 2015Q3 2015Q2 2015Q1 2015Q4 2014Q3 2014Q2 2014Q1 2014Q4 2013Q3 2013Q2 2013Q1 2013Q4 2012Q3 2012Q2 2012Q1 2012Q4 2011Q3 2011Q2 2011Q1 2011Q3 2010Q2 2010
Net Income *-$114.2M-$42.3M-$73.2M-$107.0M-$152.0M-$147.5M-$112.2M-$98.7M-$85.8M-$76.9M-$85.9M-$81.2M-$70.7M-$57.5M-$64.5M-$63.1M-$61.7M-$52.5M-$59.1M-$58.0M-$49.0M-$36.1M-$27.7M-$21.4M-$19.7M-$15.1M-$11.5M-$8.5M-$6.5M-$6.4M-$8.4M-$8.4M-$8.3M-$6.0M-$12.5M-$9.1M
Revenue *$287.3M$212.8M$137.3M$62.2M$14.6M$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Research And Development Expense Excluding Acquired In Process Cost$174.0M$54.1M$44.2M$68.7M$71.1M$71.2M$70.6M$71.0M$68.6M$62.2M$70.7M$68.3M$58.5M$47.9M$52.9M$54.9M$51.6M$45.8M$53.4M$53.3M$44.7M$33.4M$24.9M$19.4M$15.6M$12.4M$8.9M$6.2M$5.1M$5.2M$6.5M$6.7M$6.8M$4.4M$7.8M$2.1M$516.0K$7.2M$682.6K$16.4M$16.2M$15.7M$16.2M$18.8M$17.6M$20.0M$17.6M$17.9M$16.4M$14.4M$11.7M$11.3M$12.1M$10.9M$10.8M$10.4M$9.4M$11.0M$9.7M
Operating Income Loss-$114.0M-$47.2M-$79.3M-$116.3M-$162.5M-$152.0M-$117.2M-$98.5M-$86.5M-$78.3M-$85.3M-$80.4M-$70.3M-$57.6M-$64.6M-$63.2M-$61.7M-$53.0M-$59.6M-$58.8M-$50.3M-$38.0M-$30.0M-$24.2M-$22.7M-$18.1M-$14.5M-$11.3M-$7.8M-$7.1M-$8.9M-$8.6M-$8.4M-$6.1M-$14.1M-$2.6M-$738.0K-$10.4M-$880.0K-$19.5M-$20.3M-$19.9M-$19.4M-$21.7M-$22.9M-$23.4M-$21.8M-$22.1M-$20.3M-$17.7M-$14.5M-$14.1M-$14.6M-$10.2M-$12.2M-$12.0M-$11.0M-$10.2M-$9.0M
Operating Expenses$401.2M$260.0M$216.6M$178.5M$177.2M$152.0M$117.2M$98.5M$86.5M$78.3M$85.3M$80.4M$70.3M$57.6M$64.6M$63.2M$61.7M$53.0M$59.6M$58.8M$50.3M$38.0M$30.0M$24.2M$22.7M$18.1M$14.5M$11.3M$7.8M$7.1M$8.9M$8.6M$8.4M$6.1M$14.1M$2.6M$738.0K$10.4M$880.0K$19.5M$20.3M$19.9M$19.4M$21.7M$22.9M$23.4M$21.8M$22.1M$20.3M$17.7M$14.5M$14.1M$14.7M$13.7M$13.9M$13.4M$12.1M$13.6M$12.4M
General And Administrative Expense$46.5M$27.6M$17.8M$16.2M$14.6M$12.1M$11.8M$9.7M$11.7M$8.3M$10.1M$7.2M$6.1M$5.5M$5.6M$4.6M$5.0M$4.7M$7.1M$5.7M$5.6M$5.1M$2.7M$1.9M$2.4M$2.0M$1.6M$1.7M$6.3M$551.0K$222.0K$3.1M$197.4K$3.1M$4.2M$4.2M$3.2M$2.9M$5.3M$3.5M$4.2M$4.2M$3.9M$3.4M$2.8M$2.9M$2.6M$2.8M$3.1M$2.9M$2.7M$2.6M$2.7M
Comprehensive Income Net Of Tax-$114.2M-$41.6M-$73.3M-$105.3M-$152.2M-$148.2M-$98.7M-$85.8M-$77.0M-$81.0M-$70.8M-$57.8M-$63.1M-$61.6M-$52.6M-$58.6M-$48.4M-$35.9M-$21.6M-$19.4M-$14.6M-$8.6M-$6.3M-$6.5M-$8.4M-$8.4M-$6.0M-$14.1M-$2.9M-$1.7M-$1.8M-$19.8M-$20.7M-$20.0M-$22.3M-$23.6M-$22.5M-$22.8M-$20.7M-$15.0M-$14.6M-$15.0M-$12.7M-$12.5M-$11.4M
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent$47.0K-$3.0K-$54.0K$210.0K-$45.0K-$322.0K-$11.0K$29.0K-$61.0K-$660.0K$666.0K$199.0K-$193.0K$307.0K$497.0K-$100.0K$131.0K-$143.0K$11.0K-$28.0K$39.0K-$12.0K$77.0K$17.0K-$12.0K$2.0K$8.0K-$1.0K-$13.0K-$3.0K$2.0K$5.0K$4.0K-$15.0K$16.0K-$9.0K$7.0K$6.0K
Net Income Loss Available To Common Stockholders Basic-$6.4M-$8.4M-$8.3M-$6.0M-$14.0M-$2.9M-$1.7M-$10.5M-$1.8M-$19.8M-$20.7M-$20.4M-$20.0M-$22.3M-$23.6M-$24.2M-$22.5M-$22.8M-$20.7M-$18.1M-$15.0M-$14.6M-$15.1M-$10.7M-$12.7M-$12.5M-$11.4M-$10.3M
Interest Income Expense Nonoperating Net$41.8K$19.0K-$77.0K-$156.0K-$919.8K-$296.0K-$375.0K-$458.0K-$517.0K-$585.0K-$650.0K-$718.0K-$721.0K-$724.0K-$470.0K-$420.0K-$457.0K-$486.0K-$486.0K-$504.0K-$516.0K-$493.0K-$435.0K-$31.0K-$30.0K
Interest Expense$3.3M$3.7M$3.7M$3.8M$4.0M$3.5M$2.9M$2.3M$1.7M$1.5M$780.0K$0.00$0.00$0.00$0.00$0.00$238.0K$975.0K
Cost Of Goods And Services Sold

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009FY2008
Stockholders Equity *$602.7M$754.4M$405.3M$197.4M$196.1M$240.0M$416.6M$477.0M$182.3M$36.4M-$48.9M-$42.1M$49.1M$75.1M$14.8M$23.5M$24.9M-$58.8M
Cash And Cash Equivalents At Carrying Value$198.7M$100.0M$99.9M$331.5M$36.3M$54.0M$46.7M$57.4M$148.6M$19.1M$306.0K$148.1K$48.5M$81.5M$30.1M$31.3M$44.2M$52.0M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$203.8M$105.0M$99.9M$331.5M$36.3M$54.0M$46.7M$57.4M$148.6M$19.1M$306.0K
Retained Earnings Accumulated Deficit-$2.09B-$1.80B-$1.34B-$962.7M-$667.3M-$425.5M-$223.2M-$139.3M-$106.5M-$75.3M-$48.9M-$637.6M-$551.4M-$461.2M-$398.4M-$351.1M
Prepaid Expense And Other Assets Current$47.8M$13.8M$3.2M$2.6M$1.3M$1.0M$1.2M$1.5M$485.0K$707.0K$50.0K$1.7M$765.0K$786.0K$561.0K$431.0K
Liabilities Current$310.3M$169.3M$118.5M$115.9M$76.8M$46.6M$25.1M$8.4M$10.1M$4.8M$49.3M$30.9M$32.2M$23.5M$15.1M$16.7M
Liabilities And Stockholders Equity$1.26B$1.04B$640.5M$362.6M$273.3M$287.0M$442.1M$485.4M$192.3M$41.2M$363.6K$100.7M$95.2M$103.0M$42.3M$54.1M
Liabilities$656.9M$287.9M$235.2M$165.2M$77.2M$47.0M$25.5M$8.4M$10.1M$4.8M$49.3M$35.5M$46.1M$28.0M$27.6M$30.6M
Common Stock Value$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$1.0K$1.0K$18.00$11.0K$9.0K$7.0K$5.0K$4.0K
Assets Current$1.25B$1.03B$637.3M$361.4M$271.7M$285.2M$440.2M$485.2M$192.0M$41.2M$363.6K$99.3M$92.2M$101.4M$40.3M$51.5M
Assets$1.26B$1.04B$640.5M$362.6M$273.3M$287.0M$442.1M$485.4M$192.3M$41.2M$363.6K$100.7M$95.2M$103.0M$42.3M$54.1M
Additional Paid In Capital Common Stock$2.69B$2.56B$1.74B$1.16B$863.5M$665.4M$639.6M$616.6M$288.8M$111.7M$6.2K$702.7M$600.5M$536.3M$413.2M$374.5M
Accounts Payable Current$48.9M$43.6M$28.0M$23.8M$21.4M$1.0M$1.2M$2.5M$1.9M$762.0K$102.3K$3.1M$6.6M$5.7M$3.5M$1.9M
Property Plant And Equipment Net$1.5M$2.2M$1.6M$601.0K$851.0K$1.0M$1.2M$227.0K$301.0K$3.0K$1.0M$1.6M$1.2M$1.4M$2.2M
Accumulated Other Comprehensive Income Loss Net Of Tax$873.0K$468.0K$468.0K-$32.0K-$80.0K$47.0K$216.0K-$319.0K-$31.0K$25.0K$4.0K$17.0K$2.0K$3.0K-$3.0K
Liabilities Noncurrent$346.6M$118.6M$116.7M$49.3M$387.0K$468.0K$361.0K$4.7M$13.9M$4.5M$12.4M$13.9M
Accrued Liabilities Current$260.4M$124.7M$90.0M$91.5M$55.0M$45.2M$23.6M$6.0M$8.1M$4.0M$70.2K
Available For Sale Securities Debt Securities Current$784.9M$826.2M$534.2M$27.2M$234.1M$230.1M$392.3M$426.3M$42.9M
Right Of Use Asset Obtained In Exchange For Operating Lease Liability$4.0M$1.3M$1.6M$583.0K$376.0K$451.0K$900.0K
Operating Lease Right Of Use Asset$4.9M$2.4M$1.7M$602.0K$797.0K$785.0K$675.0K
Operating Lease Liability Current$1.0M$983.0K$527.0K$602.0K$410.0K$318.0K$315.0K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect$295.3M-$17.7M$7.3M-$10.7M-$91.2M$129.5M$18.8M
Operating Lease Liability Noncurrent$6.7M$1.0M$1.2M$0.00$387.0K$468.0K$361.0K
Repayments Of Long Term Capital Lease Obligations$42.0K$42.0K$13.0K$12.0K$201.0K$1.8M$2.2M
Increase Decrease Accrued Contract And Research Costs-$5.5M$1.9M$5.6M$1.9M$330.0K$412.0K-$10.3M
Repayments Of Secured Debt$121.7M$0.00$0.00$9.2M$9.5M$2.6M$4.2M$378.0K
Secured Debt Current$9.2M$9.5M$7.9M$4.2M$3.3M
Capital Lease Obligations Current$42.0K$42.0K$13.0K$12.0K$201.0K
Accrued Liabilities Current Excluding Accrued Contract Research Costs$6.2M$5.7M$5.1M$4.6M$4.2M
Accrued Contract Research Costs$12.3M$10.4M$4.8M$2.8M$2.5M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021Q3 2020Q2 2020Q1 2020Q3 2019Q2 2019Q1 2019Q3 2018Q2 2018Q1 2018Q3 2017Q2 2017Q1 2017Q3 2016Q2 2016Q1 2016Q4 2015Q3 2015Q2 2015Q1 2015Q3 2014Q2 2014Q1 2014Q3 2013Q2 2013Q1 2013Q3 2012Q2 2012Q1 2012Q3 2011Q2 2011Q1 2011Q4 2010Q3 2010Q2 2010
Stockholders Equity *$625.7M$696.0M$710.6M$777.2M$857.1M$850.8M$22.2M$103.5M$150.1M$10.7M$83.5M$145.7M$234.9M$270.7M$260.6M$289.7M$342.9M$385.5M$440.3M$457.0M$468.5M$482.9M$486.1M$177.2M$54.3M$61.6M$34.5M$37.6M$41.6M$44.3M$60.4M$69.0M$46.1M$83.7M$74.0M$38.2M$14.6M$35.4M$56.6M$32.2M$20.5M$33.8M$24.6M$36.4M$23.5M
Cash And Cash Equivalents At Carrying Value$295.7M$186.2M$183.6M$232.7M$494.6M$622.5M$62.1M$77.2M$113.3M$59.3M$53.3M$42.3M$49.2M$33.5M$44.2M$109.1M$61.9M$66.7M$89.5M$72.5M$47.5M$38.0M$264.9M$38.1M$13.0M$34.8M$8.2M$8.4M$4.1M$618.0K$52.6K$32.0M$33.3M$68.5M$96.8M$52.0M$25.5M$33.8M$35.0M$29.4M$25.6M$34.6M$20.6M$25.9M$17.4M$34.9M$42.6M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$300.7M$191.2M$188.6M$237.7M$499.6M$622.5M$62.1M$77.2M$113.3M$59.3M$53.3M$42.3M$49.2M$33.5M$44.2M$109.1M$61.9M$66.7M$89.5M$72.5M$47.5M$38.0M$264.9M$38.1M$13.0M$34.8M$8.2M
Retained Earnings Accumulated Deficit-$2.03B-$1.92B-$1.88B-$1.74B-$1.64B-$1.48B-$1.22B-$1.13B-$1.04B-$876.8M-$795.6M-$724.8M-$602.8M-$539.7M-$478.0M-$366.3M-$308.4M-$259.4M-$195.5M-$174.1M-$154.4M-$127.8M-$119.3M-$112.8M-$98.0M-$89.7M-$81.3M-$67.6M-$716.1M-$712.8M-$695.7M-$678.1M-$658.3M-$617.2M-$597.3M-$575.0M-$527.3M-$504.7M-$481.9M-$443.1M-$428.1M-$413.5M-$387.7M-$375.0M
Prepaid Expense And Other Assets Current$49.3M$58.6M$23.2M$20.9M$15.0M$14.0M$3.1M$3.2M$1.8M$3.9M$2.8M$1.2M$3.8M$2.2M$822.0K$1.7M$2.2M$976.0K$1.7M$2.4M$565.0K$767.0K$968.0K$374.0K$583.0K$781.0K$225.0K$1.6M$1.8M$554.0K$2.0M$2.2M$1.4M$2.9M$2.3M$1.6M$1.4M$1.6M$1.5M$803.0K$839.0K$608.0K$1.4M$832.0K
Liabilities Current$391.4M$196.5M$167.2M$177.8M$125.2M$114.3M$99.7M$99.7M$98.3M$98.9M$84.0M$76.6M$69.3M$56.7M$48.8M$49.4M$45.3M$25.7M$15.5M$12.3M$10.5M$6.6M$5.4M$6.3M$8.5M$6.4M$5.9M$3.9M$3.4M$8.6M$30.6M$32.5M$30.9M$33.0M$32.7M$32.4M$25.9M$20.1M$16.6M$19.0M$18.3M$15.6M$17.1M$15.3M
Liabilities And Stockholders Equity$1.36B$1.02B$996.6M$1.07B$1.10B$1.08B$238.0M$302.5M$332.4M$158.6M$216.4M$222.7M$304.7M$328.0M$309.7M$339.6M$388.4M$411.5M$456.3M$469.8M$479.6M$489.5M$491.5M$183.5M$62.8M$68.1M$40.4M$41.5M$44.9M$53.0M$91.0M$101.5M$79.4M$123.7M$115.9M$82.2M$56.7M$73.9M$93.7M$57.6M$47.2M$59.8M$53.9M$65.6M
Liabilities$736.7M$319.4M$286.0M$296.1M$242.7M$231.5M$215.7M$199.0M$182.3M$148.0M$132.9M$76.9M$69.8M$57.3M$49.2M$49.9M$45.5M$26.0M$15.9M$12.8M$11.1M$6.6M$5.4M$6.3M$8.5M$6.4M$5.9M$3.9M$3.4M$8.6M$30.6M$32.6M$33.3M$39.9M$41.9M$44.0M$42.1M$38.5M$37.1M$25.4M$26.7M$26.1M$29.3M$29.2M
Common Stock Value$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$2.0K$1.0K$1.0K$1.0K$1.0K$1.2K$14.0K$14.0K$14.0K$13.0K$11.0K$11.0K$10.0K$9.0K$7.0K$7.0K$7.0K$6.0K$6.0K$6.0K$5.0K$5.0K
Assets Current$1.35B$1.00B$988.0M$1.06B$1.09B$1.07B$235.5M$301.6M$331.3M$157.1M$214.5M$221.2M$303.0M$326.1M$308.0M$337.6M$386.6M$409.5M$455.3M$468.8M$478.4M$489.3M$491.3M$183.2M$62.7M$67.9M$40.4M$41.2M$44.8M$52.6M$90.2M$100.5M$78.0M$122.2M$114.3M$80.4M$54.7M$71.8M$91.9M$55.9M$45.5M$58.0M$52.0M$63.7M
Assets$1.36B$1.02B$996.6M$1.07B$1.10B$1.08B$238.0M$302.5M$332.4M$158.6M$216.4M$222.7M$304.7M$328.0M$309.7M$339.6M$388.4M$411.5M$456.3M$469.8M$479.6M$489.5M$491.5M$183.5M$62.8M$68.1M$40.4M$41.5M$44.9M$53.0M$91.0M$101.5M$79.4M$123.7M$115.9M$82.2M$56.7M$73.9M$93.7M$57.6M$47.2M$59.8M$53.9M$65.6M
Additional Paid In Capital Common Stock$2.66B$2.61B$2.59B$2.52B$2.49B$2.33B$1.25B$1.23B$1.19B$887.7M$879.5M$871.0M$837.6M$810.3M$738.6M$655.6M$650.2M$644.4M$635.5M$630.6M$622.7M$610.8M$605.4M$290.2M$152.3M$151.2M$115.7M$105.2M$757.6M$757.1M$756.1M$747.1M$704.4M$700.9M$671.2M$613.2M$541.8M$540.2M$538.5M$475.3M$448.6M$447.2M$412.3M$411.4M
Accounts Payable Current$44.9M$38.0M$42.1M$46.0M$9.0M$21.5M$16.5M$17.5M$12.1M$18.6M$11.3M$22.8M$10.4M$1.1M$4.4M$6.3M$5.0M$1.1M$773.0K$446.0K$4.4M$1.0M$588.0K$1.4M$1.4M$1.3M$2.8M$1.2M$680.0K$744.0K$1.4M$3.0M$3.7M$4.4M$5.2M$5.8M$5.7M$5.2M$5.7M$3.7M$3.5M$3.0M$2.9M$2.0M
Property Plant And Equipment Net$2.9M$1.6M$1.9M$2.3M$1.7M$1.7M$659.0K$455.0K$512.0K$701.0K$789.0K$796.0K$844.0K$891.0K$978.0K$1.2M$1.3M$1.4M$181.0K$211.0K$240.0K$244.0K$255.0K$279.0K$111.0K$120.0K$5.0K$1.5K$103.0K$374.0K$420.0K$561.0K$714.0K$855.0K$1.1M$1.3M$1.4M$1.5M$1.6M$1.4M$1.2M$1.2M$1.3M$1.3M$1.4M
Accumulated Other Comprehensive Income Loss Net Of Tax$1.1M$1.1M$389.0K$1.3M-$368.0K-$172.0K-$42.0K-$89.0K-$86.0K-$237.0K-$447.0K-$402.0K$4.0K$15.0K-$14.0K$421.0K$1.1M$415.0K$292.0K$485.0K$178.0K-$143.0K-$43.0K-$174.0K$47.0K$36.0K$64.0K-$12.5K$81.0K$4.0K$4.0K$11.0K-$6.0K$6.0K$11.0K$3.0K$4.0K$6.0K$9.0K$7.0K$8.0K$4.0K$19.0K$1.0K$10.0K
Liabilities Noncurrent$345.3M$122.9M$118.8M$118.3M$117.5M$117.2M$116.1M$99.2M$84.0M$49.1M$48.8M$283.0K$491.0K$594.0K$387.0K$548.0K$197.0K$279.0K$441.0K$520.0K$598.0K$11.0K$32.0K$2.3M$7.0M$9.3M$11.6M$16.1M$18.4M$20.5M$6.5M$8.4M$10.4M$12.2M$13.8M
Accrued Liabilities Current$345.4M$157.5M$124.2M$131.0M$115.6M$92.3M$82.6M$81.8M$85.6M$79.6M$71.8M$53.4M$58.5M$55.2M$44.1M$42.8M$39.9M$24.3M$14.4M$11.6M$5.8M$5.6M$4.8M$4.9M$7.1M$5.2M$3.1M$2.8M
Available For Sale Securities Debt Securities Current$814.1M$610.8M$659.4M$765.9M$563.2M$436.5M$170.3M$221.2M$216.2M$93.9M$158.5M$177.7M$250.0M$290.3M$263.0M$226.8M$322.5M$341.9M$364.1M$393.9M$430.3M$450.5M$225.4M
Right Of Use Asset Obtained In Exchange For Operating Lease Liability$200.0K$1.2M$1.2M$0.00$900.0K
Operating Lease Right Of Use Asset$5.4M$5.9M$2.1M$2.5M$1.5M$1.6M$1.8M$411.0K$653.0K$831.0K$1.1M$696.0K$897.0K$997.0K$707.0K$863.0K$520.0K$598.0K$751.0K$826.0K$930.0K
Operating Lease Liability Current$1.1M$1.0M$1.0M$878.0K$557.0K$542.0K$513.0K$411.0K$653.0K$760.0K$879.0K$413.0K$406.0K$403.0K$320.0K$315.0K$323.0K$319.0K$310.0K$306.0K$302.0K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect-$218.2M$6.0M-$9.8M$20.0M-$9.9M-$110.5M-$10.9M
Operating Lease Liability Noncurrent$5.6M$4.5M$750.0K$1.2M$900.0K$1.0M$1.3M$71.0K$178.0K$283.0K$491.0K$594.0K$387.0K$548.0K$197.0K$279.0K$441.0K$520.0K$598.0K
Repayments Of Long Term Capital Lease Obligations$10.0K$10.0K$11.0K$3.0K$3.0K$87.0K
Increase Decrease Accrued Contract And Research Costs-$4.1M$194.0K$2.1M$140.0K$1.2M$742.0K
Repayments Of Secured Debt$2.3M$2.3M$2.5M$2.0M$151.0K
Secured Debt Current$10.0K$2.3M$4.6M$6.9M$9.2M$9.2M$9.2M$9.2M$9.3M$7.4M$5.3M$3.1M$7.9M$7.9M$6.1M$4.6M$3.1M
Capital Lease Obligations Current$22.0K$33.0K$43.0K$43.0K$43.0K$42.0K$42.0K$41.0K$41.0K$4.0K$8.0K$11.0K$13.0K$13.0K$12.0K$20.0K$31.0K
Accrued Liabilities Current Excluding Accrued Contract Research Costs$1.5M$2.8M$5.0M$5.0M$5.5M$5.4M$5.0M$5.2M$4.8M$4.5M$3.6M$2.8M$3.6M$3.1M$2.5M$3.2M$2.9M
Accrued Contract Research Costs$1.2M$2.7M$6.9M$17.2M$14.7M$12.5M$14.3M$13.0M$12.5M$8.4M$5.9M$4.9M$3.7M$3.8M$4.0M$3.0M$2.9M

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009
Financing Cash Flow *$256.0M$735.1M$595.1M$313.5M$171.2M$5.1M$235.0K$314.3M$173.8M$14.5M$3.3M$85.3M$69.0M$115.5M$36.7M$45.2M-$2.1M
Investing Cash Flow *$32.3M-$274.4M-$502.5M$206.7M-$5.1M$159.8M$30.7M-$380.1M-$22.0M$22.0M$20.0M-$8.8M-$24.7M-$9.9M$9.3M-$19.8M$21.0M
Operating Cash Flow *-$189.6M-$455.6M-$324.2M-$224.9M-$183.9M-$157.6M-$41.6M-$25.5M-$22.3M-$17.6M-$3.1M-$78.9M-$77.4M-$54.1M-$47.3M-$38.2M-$26.8M
Depreciation Depletion And Amortization$1.5M$1.1M$527.0K$467.0K$405.0K$471.0K$112.0K$96.0K$77.0K$156.00$662.0K$673.0K$516.0K$738.0K$1.5M$1.9M$2.5M
Increase Decrease In Accounts Payable Trade$5.3M$15.6M$4.2M$2.5M$20.4M-$161.0K-$1.3M$558.0K$917.0K-$128.0K$87.1K-$3.5M$928.0K$2.2M$1.5M-$2.0M$626.0K
Increase Decrease In Prepaid Deferred Expense And Other Assets$34.0M$10.6M$555.0K$1.3M$325.0K-$138.0K-$332.0K$998.0K-$502.0K-$1.3M$50.0K-$102.0K-$21.0K$225.0K$130.0K$12.0K-$1.1M
Share Based Compensation$98.1M$79.9M$49.7M$31.6M$26.9M$20.7M$22.8M$13.5M$3.3M$7.9M$4.3M$7.4M$6.0M$3.3M$3.4M$4.0M$4.6M
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition$98.1M$79.9M$49.7M$31.6M$26.9M$20.7M$22.8M$13.5M$3.3M$7.9M$4.3M$7.4M$6.0M$3.3M$3.4M$4.0M$4.6M
Payments To Acquire Property Plant And Equipment$467.0K$1.5M$1.5M$217.0K$209.0K$334.0K$172.0K$22.0K$125.0K$3.0K$58.0K$144.0K$769.0K$505.0K$690.0K$136.0K$454.0K
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities$350.4M$389.3M$489.5M$650.2M$234.3M$48.3M$26.1M$137.2M$85.2M$90.3M$40.6M$60.7M$17.3M$60.8M
Increase Decrease In Accrued Liabilities$131.9M$34.7M-$1.5M$36.4M$9.8M$21.6M$16.8M-$2.2M$4.1M-$2.3M$15.2K
Increase Decrease In Accrued Interest Net Of Interest Received$6.0M-$24.1M-$5.5M-$3.0K$787.0K$1.9M$3.6M-$3.7M
Payments To Acquire Available For Sale Securities$70.2M$10.7M$117.1M$93.8M$114.2M$50.0M$50.7M$36.9M$39.3M
Net Cash Provided By Used In Continuing Operations$18.8M$158.2K-$2.5M-$33.0M$51.4M-$1.2M-$12.8M-$7.9M
Payments To Acquire Marketable Securities$143.5M$394.1M$329.3M$619.3M$614.4M$70.2M$10.7M
Increase Decrease In Other Accrued Liabilities-$1.2M$459.0K$591.0K$533.0K$400.0K-$310.0K$1.7M
Increase Decrease In Other Noncurrent Assets-$305.0K-$111.0K$951.0K-$173.0K$265.0K$8.0K$255.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021Q3 2020Q2 2020Q1 2020Q3 2019Q2 2019Q1 2019Q3 2018Q2 2018Q1 2018Q1 2017Q1 2016Q3 2015Q2 2015Q1 2015Q3 2014Q2 2014Q1 2014Q3 2013Q2 2013Q1 2013Q3 2012Q2 2012Q1 2012Q3 2011Q2 2011Q1 2011
Financing Cash Flow *$8.6M$573.7M$52.7M$0.00$67.1M$0.00$83.0K$265.0K$3.4M$750.0K-$2.3M$7.6M$12.3M$33.1M$2.1M
Investing Cash Flow *$163.9M$98.1M-$186.9M$55.9M-$33.5M$50.5M-$3.5M-$102.1M-$10.6M$22.4M$8.3M$16.2M-$36.6M-$13.3M-$3.2M
Operating Cash Flow *-$88.9M-$149.2M-$84.1M-$49.9M-$43.4M-$30.5M-$6.5M-$8.6M-$3.8M-$438.0K-$18.8M-$20.3M-$22.2M-$15.3M-$12.8M
Depreciation Depletion And Amortization$379.0K$168.0K$124.0K$107.0K$113.0K$125.0K$28.0K$23.0K$46.0K$200.0K$100.0K$169.0K$200.0K$100.0K$168.0K$100.0K$100.0K$100.0K$200.0K$300.0K$230.0K$400.0K$400.0K$439.0K
Increase Decrease In Accounts Payable Trade-$1.5M-$11.5M-$11.7M$1.4M$3.4M-$63.0K$1.9M-$509.0K$2.0M$368.0K$598.0K-$780.0K$58.0K-$427.0K-$234.0K
Increase Decrease In Prepaid Deferred Expense And Other Assets$9.5M$10.9M-$788.0K-$121.0K-$191.0K-$175.0K-$888.0K-$290.0K-$520.0K$103.0K-$289.0K-$153.0K$689.0K$47.0K$93.0K
Share Based Compensation$20.9M$19.9M$11.3M$7.5M$6.1M$4.8M$6.0M$1.2M$602.0K$448.0K$1.7M$2.6M$1.2M$827.0K$827.0K
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition$26.3M$25.2M$20.9M$17.9M$24.4M$19.9M$12.7M$11.0M$11.3M$8.1M$7.9M$7.5M$6.2M$8.2M$6.1M$5.1M$5.7M$4.8M$5.0M$7.8M$6.0M$5.0M$2.2M$1.2M
Payments To Acquire Property Plant And Equipment$0.00$357.0K$35.0K$52.0K$44.0K$314.0K$41.0K$1.0K$2.0K$23.0K$276.0K$147.0K$10.0K
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities$12.0M$93.5M$60.3M$109.4M$170.4M$20.1M$11.6M$31.6M$37.0M$19.8M$19.0M$9.7M$11.3M
Increase Decrease In Accrued Liabilities-$530.0K$2.3M-$5.9M-$1.6M-$1.1M$632.0K-$179.0K-$3.3M-$912.0K$28.0K
Increase Decrease In Accrued Interest Net Of Interest Received$2.9M-$1.4M-$2.2M$106.0K$485.0K-$86.0K-$46.0K
Payments To Acquire Available For Sale Securities$122.2M$22.1M$9.2M$28.7M$3.5M$55.3M$22.8M$14.5M
Net Cash Provided By Used In Continuing Operations-$10.9M$312.0K-$12.8M$3.5M-$46.6M$4.5M-$13.9M
Payments To Acquire Marketable Securities$198.8M$37.6M$93.7M$58.6M$173.8M$122.2M
Increase Decrease In Other Accrued Liabilities-$2.2M-$769.0K-$953.0K-$2.3M-$2.1M-$2.0M
Increase Decrease In Other Noncurrent Assets$259.0K-$32.0K$23.0K-$112.0K$51.0K

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009
Diluted EPS *-$12.85-$21.90-$19.99-$17.23-$14.63-$13.09-$5.45-$2.22-$2.54-$5.07-$40.03-$0.87-$1.27-$1.06-$1.00-$0.93$2.32
Weighted Average Number Of Share Outstanding Basic And Diluted16.5M15.4M15.4M14.8M12.2M5.2M171.0K98.5M71.0M59.4M47.2M40.4M
Preferred Stock Shares Outstanding2.4M2.4M2.4M2.4M2.0M2.0M2.0M2.0M2.0M0.000.000.000.000.000.000.00
Preferred Stock Shares Issued2.4M2.4M2.4M2.4M2.0M2.0M2.0M2.0M2.0M0.000.000.000.000.000.000.00
Preferred Stock Shares Authorized5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Outstanding22.8M22.0M19.9M18.1M17.1M15.5M15.4M15.4M14.2M12.0M176.2K109.1M85.2M68.9M49.5M42.1M
Common Stock Shares Issued22.8M22.0M19.9M18.1M17.1M15.5M15.4M15.4M14.2M12.0M176.2K109.1M85.2M68.9M49.5M42.1M
Common Stock Shares Authorized200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M100.0M100.0M100.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Weighted Average Number Of Shares Outstanding Basic22.4M21.3M18.7M17.1M16.5M15.4M47.2M40.4M33.9M
Weighted Average Number Of Diluted Shares Outstanding22.4M21.3M18.7M17.1M16.5M15.4M47.2M40.4M34.1M
Earnings Per Share Basic$-12.85$-21.90$-19.99$-17.23$-14.63$-13.09$-1.00$-0.93$2.33

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021Q4 2020Q3 2020Q2 2020Q1 2020Q4 2019Q3 2019Q2 2019Q1 2019Q4 2018Q3 2018Q2 2018Q1 2018Q4 2017Q3 2017Q2 2017Q1 2017Q3 2016Q2 2016Q1 2016Q4 2015Q3 2015Q2 2015Q1 2015Q4 2014Q3 2014Q2 2014Q1 2014Q4 2013Q3 2013Q2 2013Q1 2013Q4 2012Q3 2012Q2 2012Q1 2012Q4 2011Q3 2011Q2 2011Q1 2011Q3 2010Q2 2010
Diluted EPS *-$5.08-$1.90-$3.32-$4.92-$7.10-$7.38-$5.68-$5.34-$4.69-$4.23-$4.98-$4.75-$4.14-$3.36-$3.78-$3.79-$3.72-$3.32-$3.82-$3.75-$3.18-$2.34-$1.80-$1.39-$1.28-$0.98-$0.75-$0.56-$0.45-$0.45-$0.67-$0.68-$0.69-$0.50-$1.59-$16.33-$9.72-$0.08-$0.25-$0.15-$0.19-$0.19-$0.19-$0.24-$0.28-$0.31-$0.33-$0.33-$0.30-$0.29-$0.25-$0.25-$0.27-$0.22-$0.26-$0.26-$0.27-$0.25-$0.22
Weighted Average Number Of Share Outstanding Basic And Diluted17.1M17.1M16.6M16.6M15.8M15.5M15.4M15.4M15.4M15.4M15.4M15.4M15.4M15.3M15.3M14.4M14.1M12.6M12.4M12.0M12.0M8.8M176.2K176.2K137.3M7.3M132.3M108.4M108.4M105.8M94.0M85.4M76.8M69.0M69.0M69.0M62.9M60.7M57.7M56.4M49.4M49.4M47.8M42.0M
Preferred Stock Shares Outstanding2.4M2.4M2.4M2.4M2.4M2.4M2.4M2.4M2.4M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Preferred Stock Shares Issued2.4M2.4M2.4M2.4M2.4M2.4M2.4M2.4M2.4M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M2.0M0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Preferred Stock Shares Authorized5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M5.0M
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Outstanding22.7M22.2M22.2M21.8M19.9M19.9M18.5M18.5M18.3M17.1M17.1M17.1M16.9M16.6M16.1M15.5M15.4M15.4M15.4M15.4M15.4M15.4M15.4M14.3M12.5M12.5M12.2M11.6M137.8M137.8M137.8M134.1M109.1M108.9M101.3M87.6M69.1M69.1M69.1M61.9M57.8M57.6M49.5M49.5M
Common Stock Shares Issued22.7M22.2M22.2M21.8M19.9M19.9M18.5M18.5M18.3M17.1M17.1M17.1M16.9M16.6M16.1M15.5M15.4M15.4M15.4M15.4M15.4M15.4M15.4M14.3M12.5M12.5M12.2M11.6M137.8M137.8M137.8M134.1M109.1M108.9M101.3M87.6M69.1M69.1M69.1M61.9M57.8M57.6M49.5M49.5M
Common Stock Shares Authorized200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M100.0M100.0M100.0M100.0M100.0M100.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Weighted Average Number Of Shares Outstanding Basic22.5M22.2M22.1M21.7M21.4M20.0M19.8M18.5M18.3M18.2M17.2M17.1M17.1M17.1M17.1M16.6M16.6M15.8M56.4M42.2M42.2M42.0M40.4M40.3M
Weighted Average Number Of Diluted Shares Outstanding22.5M22.2M22.1M21.7M21.4M20.0M19.8M18.5M18.3M18.2M17.2M17.1M17.1M17.1M17.1M16.6M16.6M15.8M56.4M42.2M42.2M42.0M40.4M40.3M
Earnings Per Share Basic$-5.08$-1.90$-3.32$-4.92$-7.10$-7.38$-5.68$-5.34$-4.69$-4.23$-4.98$-4.75$-4.14$-3.36$-3.78$-3.79$-3.72$-3.32

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009
Interest Income Other$2.2M$363.0K$4.3M$11.0M$7.7M$558.0K$48.0K
Other Income$0.00$273.0K$100.0K$0.00$200.0K$350.0K
Available For Sale Securities Current$21.4M$51.7M$43.0M$19.1M$9.7M$19.7M
Interest Paid$957.0K$1.9M$2.5M$1.7M$1.9M$578.0K$312.0K
Stock Issued During Period Value New Issues Excluding Sales To Related Parties$255.4M$170.2M$4.4M$311.8M$6.0M$36.9M$88.9M$37.6M$65.1M$27.1M$23.2M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021Q4 2020Q3 2020Q2 2020Q1 2020Q3 2019Q2 2019Q1 2019Q3 2018Q2 2018Q1 2018Q4 2017Q3 2017Q2 2017Q1 2017Q3 2016Q2 2016Q1 2016Q4 2015Q3 2015Q2 2015Q1 2015Q3 2014Q2 2014Q1 2014Q3 2013Q2 2013Q1 2013Q3 2012Q2 2012Q1 2012Q3 2011Q2 2011Q1 2011
Interest Income Other$3.3M$3.6M$3.8M$717.0K$323.0K$69.0K$60.0K$91.0K$160.0K$823.0K$1.2M$1.9M$2.8M$3.0M$3.0M$2.8M$1.2M$705.0K$174.0K$92.0K$76.0K$42.0K
Other Income$0.00$0.00$0.00$0.00$0.00$0.00$0.00$273.0K$0.00$0.00$100.0K$0.00$0.00$0.00$200.0K$250.0K$100.0K
Available For Sale Securities Current$144.7M$42.9M$49.2M$32.4M$31.9M$31.2M$32.3M$9.2M$31.6M$42.7M$66.3M$43.4M$50.8M$15.2M$26.8M$27.9M$36.4M$55.4M$25.7M$19.1M$22.8M$30.0M$37.0M
Interest Paid$96.0K$325.0K$560.0K$789.0K$485.0K$371.0K
Stock Issued During Period Value New Issues Excluding Sales To Related Parties$2.7M$21.8M$21.1M$63.5M$66.6M$311.8M

Most recent annual filing with the SEC: February 19, 2026

Data sourced from SEC EDGAR public filings as of August 7, 2026.