| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Research and development | $3.1M-51.9% | $6.4M+79.6% | $3.6M+56.2% | $2.3M |
| General and administrative | $17.0M+181.9% | $6.0M+2.5% | $5.9M+28.1% | $4.6M |
| Total operating expenses | $20.1M+61.7% | $12.4M+31.5% | $9.5M+37.4% | $6.9M |
| Loss from operations | -$20.1M-61.7% | -$12.4M-31.5% | -$9.5M-37.4% | -$6.9M |
| Interest expense | -$28K-107.1% | -$14K+17.1% | -$17K+99.0% | -$1.6M |
| Interest income | $41K-83.4% | $250K+63.7% | $153K | — |
| Unrealized loss from digital assets holdings | -$22.0M | — | — | — |
| Total other income (expense), net | -$22.0M-9412.1% | $236K+73.5% | $136K+108.6% | -$1.6M |
| Total loss before income taxes | -$42.1M-245.2% | -$12.2M | — | — |
| Provision (benefit) for income taxes | -$6.2M | — | — | — |
| Net loss | -$35.9M-194.5% | -$12.2M-30.9% | -$9.3M-10.0% | -$8.5M |
| Basic | $32.0M+2372.4% | $1.3M+1388.6% | $87K-80.8% | $453K |
| Diluted | $32.0M+2372.4% | $1.3M+1388.6% | $87K-80.8% | $453K |
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.