| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | $149.6M-9.4% | $165.1M-25.0% | $220.2M+53.8% | $143.2M-47.6% | $273.2M+43.6% | $190.3M |
| Restricted cash | $379K-2.6% | $389K-11.6% | $440K+151.4% | $175K+68.3% | $104K+258.6% | $29K |
| Prepaid expenses and other current assets | $41.5M+15.9% | $35.8M-11.9% | $40.7M-14.8% | $47.7M+120.6% | $21.6M+79.5% | $12.0M |
| Total current assets | $191.5M-4.9% | $201.3M-23.0% | $261.3M+36.3% | $191.7M-35.1% | $295.3M+45.9% | $202.4M |
| Operating lease right-of-use assets | $3.4M+70.7% | $2.0M-53.4% | $4.3M+114.7% | $2.0M-45.7% | $3.7M | — |
| Deferred tax assets | $3.8M-0.6% | $3.8M+13.1% | $3.3M+50.0% | $2.2M+190.3% | $766K+246.6% | $221K |
| Long-term prepaid expenses and other assets | $11.7M+77.2% | $6.6M-6.4% | $7.0M+398.9% | $1.4M+563.4% | $213K+273.7% | $57K |
| Total assets | $210.3M-1.6% | $213.7M-22.6% | $276.0M+39.9% | $197.3M-34.4% | $300.9M+47.9% | $203.5M |
| Accounts payable | $15.2M+23.9% | $12.3M+108.5% | $5.9M+23.8% | $4.8M+85.7% | $2.6M-6.7% | $2.7M |
| Accrued expenses and other liabilities | $9.2M-36.4% | $14.5M+28.3% | $11.3M+21.2% | $9.3M-9.5% | $10.3M+148.5% | $4.1M |
| Debt, current portion | $17.5M+217.8% | $5.5M | $0 | — | — | — |
| Operating lease liabilities - current | $2.1M+22.3% | $1.7M-28.5% | $2.4M+59.7% | $1.5M-32.4% | $2.2M | — |
| Warrant liabilities | $203.7M | $0 | — | — | — | — |
| Total current liabilities | $247.8M+628.5% | $34.0M+73.5% | $19.6M+25.7% | $15.6M+3.2% | $15.1M+119.1% | $6.9M |
| Debt, non-current portion | $14.1M-42.8% | $24.7M-14.3% | $28.8M | — | — | — |
| Operating lease liabilities - non-current | $1.3M+326.4% | $303K-83.9% | $1.9M+350.2% | $418K-69.7% | $1.4M | — |
| Total liabilities | $263.2M+346.3% | $59.0M+17.4% | $50.2M+213.7% | $16.0M-2.9% | $16.5M+139.1% | $6.9M |
| Ordinary shares, £0.008 par value; 96,085,785 and 68,552,215 shares authorized, issued and outstanding at December 31, 2025 and 2024, respectively | $973K+38.6% | $702K+10.6% | $635K+44.3% | $440K+1.1% | $435K+18.5% | $367K |
| Additional paid-in capital | $783.6M+11.2% | $704.9M+13.4% | $621.6M+35.5% | $458.8M+3.2% | $444.8M+59.1% | $279.5M |
| Accumulated other comprehensive loss | -$14.8M+8.7% | -$16.2M+4.3% | -$16.9M-0.3% | -$16.9M-290.8% | $8.8M-39.4% | $14.6M |
| Accumulated deficit | -$822.6M-53.8% | -$534.7M-40.9% | -$379.6M-45.4% | -$261.1M-53.9% | -$169.6M-73.3% | -$97.9M |
| Total shareholders' (deficit)/equity | -$52.8M-134.2% | $154.7M-31.5% | $225.7M+24.5% | $181.3M-36.3% | $284.4M+44.7% | $196.6M |
| Total liabilities and shareholders' (deficit)/equity | $210.3M-1.6% | $213.7M-22.6% | $276.0M+39.9% | $197.3M-34.4% | $300.9M+47.9% | $203.5M |
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.