| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | $36.8M+47.2% | $25.0M-16.4% | $29.9M-28.0% | $41.6M-24.0% | $54.7M+954.6% | $5.2M |
| Grant receivables | $9.9M+269.4% | $2.7M+109.7% | $1.3M-65.1% | $3.7M+104.1% | $1.8M+219.0% | $564K |
| Prepaid expenses and other current assets | $1.1M-42.6% | $1.9M-38.4% | $3.0M+25.1% | $2.4M+20.3% | $2.0M+268.6% | $544K |
| Restricted cash equivalents | $190K | — | — | — | — | — |
| Total current assets | $48.0M+62.4% | $29.6M-13.6% | $34.2M-28.2% | $47.6M-19.2% | $59.0M+754.0% | $6.9M |
| Property and equipment, net | $93K-48.6% | $181K-36.3% | $284K+21.9% | $233K+60.7% | $145K-31.3% | $211K |
| Right-of-use assets, operating leases | $306K-38.6% | $498K-24.2% | $657K-19.2% | $813K | — | — |
| Total assets | $48.4M+60.1% | $30.2M-14.0% | $35.2M-30.3% | $50.4M-14.7% | $59.1M+730.7% | $7.1M |
| Accounts payable | $1.1M-43.6% | $2.0M-46.3% | $3.7M+14.9% | $3.2M-22.8% | $4.2M+108.1% | $2.0M |
| Accrued expenses | $12.0M+57.4% | $7.6M+87.9% | $4.1M+93.6% | $2.1M+19.6% | $1.8M+76.2% | $994K |
| Deferred grant income, current | $367K-65.6% | $1.1M-37.3% | $1.7M-0.1% | $1.7M+126.0% | $753K | — |
| Operating lease liabilities, current | $136K-29.5% | $193K+10.9% | $174K+16.8% | $149K | — | — |
| Other current liabilities | $307K+10.0% | $279K-48.7% | $544K-14.2% | $634K-46.8% | $1.2M+371.1% | $253K |
| Total current liabilities | $13.9M+25.0% | $11.1M+9.6% | $10.2M+30.5% | $7.8M-0.9% | $7.9M+142.0% | $3.3M |
| Operating lease liabilities, non-current | $195K-43.0% | $342K-34.2% | $520K-25.2% | $695K | — | — |
| Total liabilities | $14.1M+22.9% | $11.5M+7.4% | $10.7M+5.0% | $10.2M+29.4% | $7.9M-60.5% | $19.9M |
| Common stock, $0.001 par value, 250,000,000 shares authorized; 88,904,161 and 59,854,877 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $90K+50.0% | $60K+87.5% | $32K+10.3% | $29K+31.8% | $22K+2100.0% | $1K |
| Additional paid-in capital | $232.8M+20.1% | $193.8M+16.9% | $165.8M+6.4% | $155.8M+7.1% | $145.5M+65419.4% | $222K |
| Accumulated deficit | -$198.6M-13.4% | -$175.2M-24.1% | -$141.2M-22.3% | -$115.4M-22.8% | -$94.0M-37.8% | -$68.2M |
| Total stockholders' equity | $34.3M+82.8% | $18.8M-23.4% | $24.5M-39.2% | $40.2M-21.5% | $51.3M+175.2% | -$68.2M |
| Total liabilities and stockholders' equity | $48.4M+60.1% | $30.2M-14.0% | $35.2M-30.3% | $50.4M-14.7% | $59.1M+730.7% | $7.1M |
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.