| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | $35.7M-59.1% | $87.2M-6.3% | $93.1M+113.6% | $43.6M-7.1% | $46.9M+129.0% | $20.5M |
| Short-term marketable securities | $65.4M+2.7% | $63.7M+365.4% | $13.7M-82.9% | $80.0M-10.7% | $89.6M | $0 |
| Prepaid expenses and other current assets | $4.8M+20.6% | $4.0M+14.3% | $3.5M-68.1% | $10.8M-8.0% | $11.8M+679.1% | $1.5M |
| Total current assets | $105.8M-31.7% | $154.9M+40.5% | $110.3M-18.0% | $134.4M-9.3% | $148.3M+573.9% | $22.0M |
| Long-term marketable securities | $59.6M-3.3% | $61.6M | $0 | — | $24.9M | $0 |
| Operating lease right-of-use assets | $505K+3.1% | $490K+146.2% | $199K-57.7% | $471K | $0 | — |
| Property and equipment, net | $288K+44.7% | $199K | — | — | — | — |
| Other long-term assets | $1.5M+9462.5% | $16K+6.7% | $15K-88.3% | $128K+82.9% | $70K-97.3% | $2.6M |
| Total assets | $167.7M-22.8% | $217.2M+96.6% | $110.5M-18.2% | $135.0M-22.1% | $173.2M+603.3% | $24.6M |
| Accounts payable | $2.3M+221.8% | $705K+968.2% | $66K-91.2% | $750K-46.6% | $1.4M+29.3% | $1.1M |
| Accrued expenses and other current liabilities | $4.5M+9.6% | $4.1M+67.2% | $2.4M-51.8% | $5.0M | — | — |
| Operating lease liabilities | $256K+63.1% | $157K-53.0% | $334K+11.3% | $300K | $0 | — |
| Total current liabilities | $7.0M+41.6% | $4.9M+74.1% | $2.8M-53.5% | $6.1M+1.1% | $6.0M+96.9% | $3.1M |
| Operating lease liabilities, net of current portion | $285K-24.0% | $375K+2400.0% | $15K-91.7% | $180K | $0 | — |
| Total liabilities | $7.3M+37.0% | $5.3M+84.9% | $2.9M-54.3% | $6.3M+4.0% | $6.0M+97.1% | $3.1M |
| Common stock, $0.0001 par value; 250,000,000 shares authorized; 47,766,338 and 67,255,434 shares issued and outstanding at December 31, 2025 and 2024, respectively | $5K-28.6% | $7K+133.3% | $3K+0.0% | $3K+0.0% | $3K+200.0% | $1K |
| Additional paid-in capital | $449.8M+1.8% | $441.7M+67.6% | $263.6M+5.5% | $249.9M+2.9% | $242.9M+7607.5% | $3.2M |
| Accumulated other comprehensive income | $435K+1791.3% | $23K+1250.0% | -$2K+99.4% | -$358K-191.1% | -$123K | $0 |
| Accumulated deficit | -$289.7M-26.0% | -$229.9M-47.4% | -$156.0M-29.1% | -$120.9M-59.8% | -$75.6M-168.8% | -$28.1M |
| Total stockholders' equity | $160.5M-24.3% | $211.9M+96.9% | $107.6M-16.4% | $128.7M-23.0% | $167.2M+769.3% | -$25.0M |
| Total liabilities and stockholders' equity | $167.7M-22.8% | $217.2M+96.6% | $110.5M-18.2% | $135.0M-22.1% | $173.2M+603.3% | $24.6M |
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.