| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $68.0M+4.7% | $64.9M+202.4% | $21.5M-77.7% | $96.1M+32.7% | $72.4M-20.4% | $91.0M-49.7% | $181.1M |
| Short-term investments | $196.7M+6.2% | $185.2M+13.7% | $162.8M+486.4% | $27.8M-37.3% | $44.3M-53.6% | $95.5M+43.8% | $66.4M |
| Accounts receivable | $71.8M+24.5% | $57.7M+161.9% | $22.0M+184.9% | $7.7M+1440.4% | $502K | $0 | — |
| Inventory | $17.7M-16.2% | $21.2M+70.1% | $12.4M+279.3% | $3.3M | $0 | — | — |
| Prepaid commercial manufacturing | $14.5M-11.6% | $16.4M-13.5% | $18.9M+39.5% | $13.6M+44.2% | $9.4M | — | — |
| Prepaid expenses and other current assets | $13.6M+22.3% | $11.1M+32.0% | $8.4M+64.5% | $5.1M-27.5% | $7.1M-14.0% | $8.2M+115.8% | $3.8M |
| Total current assets | $382.3M+7.3% | $356.5M+44.8% | $246.1M+60.2% | $153.6M+14.9% | $133.6M-31.4% | $194.7M-22.8% | $252.1M |
| Property and equipment, net | $2.2M+46.1% | $1.5M+48.2% | $1.0M-17.5% | $1.2M-48.2% | $2.4M+22.0% | $1.9M-43.7% | $3.4M |
| Inventory, non-current | $105.4M+50.5% | $70.0M+89.0% | $37.0M+47.8% | $25.1M | $0 | — | — |
| Right-of-use assets | $4.8M+101.5% | $2.4M-57.4% | $5.6M-39.9% | $9.3M-27.1% | $12.8M+460.8% | $2.3M-42.7% | $4.0M |
| Other assets | $6.9M+28.1% | $5.4M+50.6% | $3.6M+308.2% | $881K-23.4% | $1.1M+108.3% | $552K+75.8% | $314K |
| Total assets | $501.6M+15.1% | $435.8M+46.4% | $297.6M+56.6% | $190.1M+26.8% | $149.9M-25.6% | $201.6M-22.4% | $259.8M |
| Accounts payable | $19.2M+20.2% | $16.0M+43.7% | $11.1M+2.6% | $10.9M+153.9% | $4.3M-24.0% | $5.6M+157.2% | $2.2M |
| Accrued compensation and benefits | $19.1M+27.9% | $14.9M+18.6% | $12.6M+66.9% | $7.5M+39.2% | $5.4M-4.4% | $5.7M+27.4% | $4.5M |
| Current portion of operating lease liability | $1.5M-5.3% | $1.6M-64.8% | $4.4M+13.9% | $3.9M+11.5% | $3.5M+65.0% | $2.1M-18.8% | $2.6M |
| Deferred revenue | $1.2M-88.7% | $10.7M+48.8% | $7.2M+70.6% | $4.2M | $0-100.0% | $4.2M-8.0% | $4.5M |
| Accrued expenses and other current liabilities | $47.6M+37.3% | $34.6M+130.3% | $15.0M+21.5% | $12.4M+68.1% | $7.4M+10.7% | $6.7M-8.2% | $7.2M |
| Total current liabilities | $88.6M+13.8% | $77.8M+54.4% | $50.4M-23.2% | $65.6M+24.2% | $52.8M+85.9% | $28.4M+27.9% | $22.2M |
| Operating lease liability, net of current portion | $3.6M+255.9% | $1.0M-40.7% | $1.7M-70.5% | $5.9M-39.9% | $9.7M+2260.3% | $413K-80.1% | $2.1M |
| Long-term debt | $202.8M+34.5% | $150.9M+202.8% | $49.8M | $0 | — | $46.6M-4.5% | $48.8M |
| Deferred revenue, non-current | $13.7M+89.4% | $7.2M-16.3% | $8.6M-4.2% | $9.0M+90.9% | $4.7M | $0 | — |
| Deferred royalty obligation related to the sale of future royalties | $25.9M+1.4% | $25.5M+26.5% | $20.2M+79.3% | $11.3M | $0 | — | — |
| Total liabilities | $334.7M+27.5% | $262.5M+100.7% | $130.8M+42.5% | $91.7M+36.3% | $67.3M-10.8% | $75.5M+3.2% | $73.1M |
| Common stock, $0.0001 par value per share; 500,000,000 shares authorized; 244,351,501 and 238,015,825 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $24000.00+0.0% | $24000.00+4.3% | $23000.00+15.0% | $20000.00+53.8% | $13000.00+44.4% | $9000.00+0.0% | $9000.00 |
| Additional paid-in capital | $1.11B+5.2% | $1.06B+4.5% | $1.01B+15.3% | $878.5M+10.4% | $795.5M+16.8% | $680.9M+5.2% | $647.1M |
| Accumulated deficit | -$946.9M-7.0% | -$885.3M-4.6% | -$846.2M-8.5% | -$780.1M-9.4% | -$712.9M-28.5% | -$554.8M-20.5% | -$460.5M |
| Accumulated other comprehensive income | $198K+247.4% | $57K-74.6% | $224K+514.8% | -$54K-800.0% | -$6K-50.0% | -$4K-120.0% | $20K |
| Total stockholders’ equity | $166.9M-3.7% | $173.3M+3.9% | $166.8M+69.7% | $98.3M+19.0% | $82.6M-34.5% | $126.1M-32.4% | $186.7M |
| Total liabilities and stockholders’ equity | $501.6M+15.1% | $435.8M+46.4% | $297.6M+56.6% | $190.1M+26.8% | $149.9M-25.6% | $201.6M-22.4% | $259.8M |
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.