| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $58.5M+52.4% | $38.3M+93.3% | $19.8M-62.1% | $52.4M+14.9% | $45.6M-23.2% | $59.4M+27.2% | $46.7M+12.7% | $41.5M |
| Marketable securities | $189.7M+157.2% | $73.7M-33.2% | $110.4M+181.7% | $39.2M-61.2% | $101.0M-35.7% | $157.0M-30.9% | $227.3M+28.7% | $176.6M |
| Accounts receivable from collaboration with a related party | $974K | $0-100.0% | $43K-95.4% | $944K+181.0% | $336K-72.7% | $1.2M-63.5% | $3.4M+38.8% | $2.4M |
| Prepaid expenses and other current assets | $5.5M+59.7% | $3.4M-2.1% | $3.5M-20.8% | $4.4M-39.1% | $7.2M+5.7% | $6.8M+27.7% | $5.4M+169.2% | $2.0M |
| Total current assets | $254.5M+120.4% | $115.5M-13.7% | $133.8M+38.0% | $97.0M-37.1% | $154.2M-31.3% | $224.5M-20.6% | $282.8M+27.1% | $222.5M |
| Property and equipment, net | $221K-22.2% | $284K-26.2% | $385K-48.2% | $743K-34.8% | $1.1M-28.8% | $1.6M-12.6% | $1.8M+228.5% | $557K |
| Operating lease right-of-use (ROU) assets | $2.5M-18.3% | $3.1M+31.2% | $2.3M-26.8% | $3.2M-47.1% | $6.0M-33.8% | $9.1M-23.7% | $12.0M | $0 |
| Other assets | $312K+0.0% | $312K+0.0% | $312K-64.9% | $889K-47.8% | $1.7M-73.4% | $6.4M+279.6% | $1.7M-49.7% | $3.3M |
| Total assets | $257.6M+116.2% | $119.2M-12.9% | $136.8M+34.4% | $101.8M-46.7% | $191.1M-32.5% | $283.3M-16.7% | $339.9M+26.8% | $268.0M |
| Accounts payable | $1.2M+100.2% | $585K+26.9% | $461K-81.5% | $2.5M-6.2% | $2.7M-42.2% | $4.6M+165.6% | $1.7M-53.1% | $3.7M |
| Accrued research and development expenses | $2.4M+5.0% | $2.3M+156.8% | $885K-71.7% | $3.1M-8.2% | $3.4M-23.5% | $4.4M | — | — |
| Other accrued expenses | $7.7M+12.9% | $6.9M+19.5% | $5.7M-21.5% | $7.3M+6.6% | $6.9M-42.7% | $12.0M+44.7% | $8.3M+35.4% | $6.1M |
| Deferred revenue from a related party - short-term | $36.9M-1.9% | $37.6M+21.7% | $30.9M | — | — | — | — | $5.1M |
| Operating lease liabilities - short-term | $569K+23.4% | $461K-62.2% | $1.2M-63.7% | $3.4M+6.8% | $3.2M-7.4% | $3.4M+6.8% | $3.2M | $0 |
| Total current liabilities | $48.8M+2.0% | $47.8M+21.9% | $39.2M+140.7% | $16.3M+1.4% | $16.1M-34.2% | $24.4M-0.0% | $24.4M+32.3% | $18.5M |
| Deferred revenue from a related party - long-term | $0-100.0% | $35.4M-36.1% | $55.4M+1926.3% | $2.7M+0.0% | $2.7M-69.6% | $9.0M-70.7% | $30.6M-13.8% | $35.6M |
| Operating lease liabilities - long-term | $2.1M-21.7% | $2.6M+134.2% | $1.1M+1010.9% | $101K-97.0% | $3.3M-50.6% | $6.7M-26.0% | $9.1M | $0 |
| Total liabilities | $50.8M-40.8% | $85.8M-10.4% | $95.7M+400.4% | $19.1M-13.6% | $22.1M-48.1% | $42.7M-36.0% | $66.7M+16.2% | $57.4M |
| Common stock, $0.001 par value; 150,000,000 shares authorized as of December 31, 2025 and December 31, 2024; 15,855,329 and 7,457,240 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $16K+128.6% | $7K+40.0% | $5K+25.0% | $4K-91.7% | $48K+41.2% | $34K+6.3% | $32K+28.0% | $25K |
| Additional paid-in capital | $1.04B+20.9% | $859.5M+3.9% | $826.9M+2.3% | $808.0M+0.9% | $800.7M+7.9% | $742.4M+4.1% | $712.8M+29.0% | $552.8M |
| Accumulated other comprehensive loss | -$41K+80.6% | -$211K-160.5% | -$81K+89.9% | -$803K-91.6% | -$419K-55.2% | -$270K-34.3% | -$201K+42.1% | -$347K |
| Accumulated deficit | -$832.0M-0.7% | -$825.9M-5.1% | -$785.7M-8.5% | -$724.5M-14.7% | -$631.4M-25.9% | -$501.6M-14.1% | -$439.4M-28.6% | -$341.8M |
| Total stockholders' equity | $206.8M+519.8% | $33.4M-18.8% | $41.1M-50.3% | $82.7M-51.1% | $168.9M-29.8% | $240.6M-11.9% | $273.2M+29.7% | $210.7M |
| Total liabilities and stockholders' equity | $257.6M+116.2% | $119.2M-12.9% | $136.8M+34.4% | $101.8M-46.7% | $191.1M-32.5% | $283.3M-16.7% | $339.9M+26.8% | $268.0M |
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.