| Metric | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Cash and cash equivalents | $40.5M-79.2% | $194.4M+463.5% | $34.5M |
| Marketable securities | $118.8M | — | — |
| Accounts receivable, net | $15.1M+38.4% | $10.9M+36.7% | $8.0M |
| Inventory | $7.3M+5.1% | $6.9M+18.2% | $5.9M |
| Contract costs, current | $2.2M+20.3% | $1.8M+21.3% | $1.5M |
| Prepaid expenses and other current assets | $2.9M-10.6% | $3.3M+52.6% | $2.1M |
| Total current assets | $186.7M-14.1% | $217.3M+318.1% | $52.0M |
| Property and equipment, net | $2.0M-12.2% | $2.3M+46.7% | $1.6M |
| Operating lease right-of-use assets | $2.3M+7.7% | $2.1M-1.3% | $2.2M |
| Contract costs, long-term | $1.8M+22.6% | $1.5M+21.7% | $1.2M |
| Other non-current assets | $2.9M+33.1% | $2.2M+10.3% | $2.0M |
| Total assets | $195.8M-13.1% | $225.4M+282.6% | $58.9M |
| Accounts payable | $2.8M+148.3% | $1.1M+56.1% | $732K |
| Accrued liabilities | $14.3M+42.5% | $10.1M+33.3% | $7.5M |
| Contract liabilities, current | $101K+4.1% | $97K-52.9% | $206K |
| Operating lease liability, current | $1.1M+1.6% | $1.1M+56.8% | $694K |
| Other current liabilities | $818K+34.3% | $609K+2.4% | $595K |
| Total current liabilities | $19.2M+47.7% | $13.0M-39.9% | $21.6M |
| Notes payable, long-term | $19.8M+1.3% | $19.6M | — |
| Contract liabilities, long-term | $0-100.0% | $30K-31.8% | $44K |
| Other liabilities, long-term | $106K-70.2% | $356K-19.3% | $441K |
| Operating lease liability, long-term | $1.4M+3.5% | $1.3M-21.6% | $1.7M |
| Total long-term liabilities | $21.3M+0.1% | $21.3M+883.3% | $2.2M |
| Total liabilities | $40.5M+18.2% | $34.2M+44.1% | $23.8M |
| Common stock, $0.001 par value; Authorized shares: 500,000,000 as of December 31, 2025 and December 31, 2024, respectively Issued and outstanding shares: 37,485,124 and 35,850,60 as of December 31, 2025 and December 31, 2024, respectively. | $38K+5.6% | $36K+620.0% | $5K |
| Additional paid-in capital | $375.5M+4.9% | $358.1M+2416.0% | $14.2M |
| Accumulated other comprehensive income | $159K | — | — |
| Accumulated deficit | -$220.4M-32.0% | -$166.9M-32.0% | -$126.5M |
| Total stockholders' deficit | $155.3M-18.7% | $191.2M+270.3% | -$112.3M |
| Total liabilities and stockholders' equity | $195.8M-13.1% | $225.4M+282.6% | $58.9M |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Last 4 years annual and quarterly free, full history (up to 20 years) on Pro.