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BCAX • CIK 0002023658
| (in thousands, except per share data) | FY 2024 | FY 2025 | TTM |
|---|---|---|---|
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | — | 8,334,986 | 8,334,986 |
| Share-based Payment Arrangement, Expense | $7,397 | $15,006 | $22,159 |
| (in thousands, except per share data) | FY 2024 | FY 2025 | TTM |
|---|---|---|---|
| Liabilities and Equity | $509,996 | $430,994 | $512,243 |
| Property, Plant and Equipment, Net | $155 | $330 | $362 |
| Operating Lease, Right-of-Use Asset | $690 | $1,701 | $1,151 |
| Other Assets, Noncurrent | $6,618 | $6,910 | $6,910 |
| Operating Lease, Liability, Noncurrent | $131 | $593 | $0 |
| Liabilities | $18,121 | $29,542 | $43,475 |
| Cash and Cash Equivalents, at Carrying Value | $489,711 | $96,685 | $96,599 |
| Prepaid Expense and Other Assets, Current | $12,822 | $7,252 | $6,561 |
| Short-term Investments | — | $318,116 | $318,116 |
| Assets, Current | $502,533 | $422,053 | $503,820 |
| Accrued Liabilities, Current | $12,875 | — | $12,875 |
| Operating Lease, Liability, Current | $607 | $1,117 | $1,163 |
| Liabilities, Current | $17,990 | $28,949 | $43,475 |
| Preferred Stock, Value, Issued | $0 | $0 | $0 |
| Common Stock, Value, Issued | $7 | $7 | $8 |
| Additional Paid in Capital | $712,884 | $760,168 | $939,940 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | — | $243 | $-567 |
| Retained Earnings (Accumulated Deficit) | $-221,016 | $-358,966 | $-470,613 |
| Stockholders' Equity Attributable to Parent | $491,875 | $401,452 | $468,768 |
| Preferred Stock, Shares Authorized | 10,000,000 | 10,000,000 | 10,000,000 |
| Preferred Stock, Shares Issued | 0 | 0 | 0 |
| Common Stock, Shares Authorized | 500,000,000 | 500,000,000 | 500,000,000 |
| Common Stock, Shares, Issued | 54,444,180 | 56,600,724 | 65,931,128 |
| Common Stock, Shares, Outstanding | 54,440,013 | 56,600,724 | 65,931,128 |
| (in thousands, except per share data) | FY 2024 | FY 2025 | TTM |
|---|---|---|---|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $259,271 | $-393,026 | $-340,007 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $489,711 | $96,685 | $-41,918 |
| Net Income (Loss) Attributable to Parent | $-67,995 | $-137,950 | $-185,363 |
| Net Cash Provided by (Used in) Operating Activities | $-74,751 | $-106,834 | $-134,848 |
| Payments to Acquire Investments | — | $318,173 | $318,173 |
| Payments to Acquire Property, Plant, and Equipment | $71 | $280 | $400 |
| Proceeds from Sale of Property, Plant, and Equipment | $62 | $0 | $0 |
| Net Cash Provided by (Used in) Investing Activities | $-9 | $-318,453 | $-402,502 |
| Proceeds from Issuance of Common Stock | $332,427 | $29,498 | $191,261 |
| Proceeds from Stock Options Exercised | $1,604 | $2,763 | $6,082 |
| Net Cash Provided by (Used in) Financing Activities | $334,031 | $32,261 | $197,343 |
| Share-based Payment Arrangement, Noncash Expense | $7,397 | $15,006 | $22,159 |
| Depreciation | $56 | $105 | $155 |
| Accretion (Amortization) of Discounts and Premiums, Investments | — | $-301 | $-876 |
| Increase (Decrease) in Prepaid Expense and Other Assets | $16,850 | $-5,281 | $-1,227 |
| IncreaseDecreaseInOperatingLeaseLiability | $81 | $-932 | $-1,156 |
| Right-of-Use Asset Obtained in Exchange for Operating Lease Liability | $413 | $1,878 | $0 |