| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | $43.8M+18.5% | $36.9M-72.7% | $135.1M+21.6% | $111.1M-41.6% | $190.3M+64.2% | $115.9M |
| Restricted cash | $42K+0.0% | $42K+2.4% | $41K+20.6% | $34K+0.0% | $34K-0.5% | $34K |
| Total cash, cash equivalents and restricted cash | $43.8M+18.5% | $37.0M-72.6% | $135.2M+21.6% | $111.1M-41.6% | $190.3M+64.1% | $116.0M |
| Short-term investments | $229.7M+141.9% | $95.0M+51.5% | $62.7M-15.0% | $73.8M | — | — |
| Accounts and other receivables | $1.2M+124.1% | $544K-51.0% | $1.1M+542.2% | $173K | — | — |
| Income tax and R&D incentive receivables | $518K-79.9% | $2.6M-31.2% | $3.7M+58.0% | $2.4M-56.2% | $5.4M-30.3% | $7.8M |
| Prepaid expenses and other current assets | $3.0M+34.2% | $2.2M-68.1% | $6.9M+29.1% | $5.4M-32.6% | $8.0M+312.7% | $1.9M |
| Total current assets | $278.2M+102.7% | $137.3M-34.5% | $209.6M+8.7% | $192.8M-5.5% | $204.1M-11.3% | $230.3M |
| Property and equipment, net | $312K-24.5% | $413K-36.6% | $651K-39.8% | $1.1M-25.3% | $1.4M+37.0% | $1.1M |
| Other assets | $1.4M-13.1% | $1.6M+351.5% | $363K-41.0% | $615K-29.5% | $872K-10.8% | $977K |
| Total assets | $279.9M+100.9% | $139.3M-33.9% | $210.6M+1.8% | $206.9M-5.5% | $218.9M-10.7% | $245.1M |
| Accounts payable | $2.7M+1187.7% | $211K-89.8% | $2.1M-56.9% | $4.8M+136.2% | $2.0M+232.2% | $612K |
| Accrued expenses and other current liabilities | $12.3M+19.7% | $10.3M+1.8% | $10.1M-17.8% | $12.3M+20.7% | $10.2M-11.0% | $11.4M |
| Total current liabilities | $15.0M+43.3% | $10.5M-13.8% | $12.1M-28.8% | $17.1M-6.7% | $18.3M+52.0% | $12.0M |
| Term loan, noncurrent | $34.3M | — | — | — | — | — |
| Other noncurrent liabilities | $5.8M+7.9% | $5.3M | — | — | — | — |
| Total liabilities | $55.0M+248.4% | $15.8M-4.5% | $16.5M-23.5% | $21.6M+9.7% | $19.7M+2.6% | $19.2M |
| Common stock, $0.0001 par value; 200,000,000 shares authorized; 110,882,735 and 72,352,701 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $11K+57.1% | $7K+0.0% | $7K+40.0% | $5K+25.0% | $4K+8.2% | $4K |
| Additional paid-in capital | $879.3M+27.5% | $689.9M+3.7% | $665.4M+17.1% | $568.4M+14.3% | $497.3M+19.2% | $417.3M |
| Accumulated deficit | -$649.5M-15.7% | -$561.4M-20.4% | -$466.3M-23.4% | -$377.9M-28.9% | -$293.2M-57.3% | -$186.4M |
| Accumulated other comprehensive loss, net | -$4.9M+0.9% | -$5.0M+0.6% | -$5.0M+4.3% | -$5.2M-3.7% | -$5.0M+0.1% | -$5.0M |
| Total stockholders' equity | $224.9M+82.1% | $123.5M-36.4% | $194.1M+4.8% | $185.3M-7.0% | $199.1M-11.8% | $225.9M |
| Total liabilities and stockholders' equity | $279.9M+100.9% | $139.3M-33.9% | $210.6M+1.8% | $206.9M-5.5% | $218.9M-10.7% | $245.1M |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.