There are two dominant systems of accounting used by corporations around the world. In the U.S., companies use the generally accepted accounting principles, or GAAP, while international companies use ...

GAAP revenue far exceeded expectations, reaching $160 million in Q2 2025, driven by a one-time $143 million GAAP catch-up related to program changes with Gilead. GAAP earnings per share reached ...

GAAP revenue of $18 thousand for Q2 2025 missed estimates by 97.99% and was sharply below the prior year’s revenue for the quarter ended June 30, 2024, due to the conclusion of a major collaboration.