| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $51.1M+124.1% | $22.8M-82.8% | $132.3M+761.2% | $15.4M-88.3% | $131.7M+126.4% | $58.2M-10.6% | $65.1M |
| Short-term investments | $353.2M+39.9% | $252.4M+509.9% | $41.4M-31.2% | $60.1M | — | — | — |
| Receivable from former related party | $0-100.0% | $807K | — | — | — | — | — |
| Accounts receivable, net | $52K | $0-100.0% | $294K-93.7% | $4.7M | — | — | — |
| Prepaid expenses and other current assets | $5.1M+4.8% | $4.9M+49.2% | $3.3M+259.7% | $905K-76.0% | $3.8M+39.9% | $2.7M-34.6% | $4.1M |
| Total current assets | $409.4M+45.8% | $280.9M+58.3% | $177.5M+116.3% | $82.0M-54.6% | $180.7M+19.2% | $151.5M+1.1% | $149.8M |
| Long-term investments | $110.1M+34.8% | $81.7M | $0 | — | — | — | — |
| Property and equipment, net | $296K+52.6% | $194K+4.9% | $185K+30.3% | $142K-98.1% | $7.5M-10.2% | $8.3M-16.0% | $9.9M |
| Right-of-use operating lease assets | $1.3M-13.9% | $1.6M+152.5% | $615K-24.4% | $814K | $0 | — | — |
| Other assets and restricted cash | $9.7M+0.9% | $9.6M+734.4% | $1.2M+853.7% | $121K | — | — | — |
| Total assets | $530.9M+42.0% | $374.0M+108.5% | $179.4M+115.9% | $83.1M-56.2% | $189.9M+17.5% | $161.6M+0.1% | $161.5M |
| Accounts payable | $9.7M+112.4% | $4.6M+75.4% | $2.6M+123.7% | $1.2M-61.6% | $3.0M-19.1% | $3.8M+33.7% | $2.8M |
| Accrued expenses | $19.5M+48.8% | $13.1M+101.0% | $6.5M-1.6% | $6.6M | — | — | — |
| Current portion of deferred revenue | $1.2M+148.0% | $479K | $0-100.0% | $100K | — | — | — |
| Current portion of operating lease liabilities | $367K+14.7% | $320K-23.3% | $417K+19.1% | $350K | $0 | — | — |
| Total current liabilities | $30.7M+66.6% | $18.5M+91.6% | $9.6M+17.1% | $8.2M-24.3% | $10.9M-5.0% | $11.4M-19.0% | $14.1M |
| Deferred revenue | $5.8M+202.4% | $1.9M | $0-100.0% | $791K | — | — | — |
| Long-term operating lease liabilities | $1.0M-13.0% | $1.2M+597.0% | $168K-61.6% | $438K | $0 | — | — |
| Total liabilities | $37.5M+74.3% | $21.5M+104.4% | $10.5M+11.4% | $9.5M-45.2% | $17.3M-2.5% | $17.7M-12.8% | $20.3M |
| Preferred stock; $0.001 par value per share; authorized shares - 10,000,000 at December 31, 2025 and 2024; issued and outstanding - none at December 31, 2025 and 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Common stock; $0.001 par value per share; authorized shares - 150,000,000 at December 31, 2025 and 2024; issued and outstanding shares - 43,223,090 and 31,115,341 at December 31, 2025 and 2024, respectively | $43000.00+38.7% | $31000.00+106.7% | $15000.00 | $0.00-100.0% | $59000.00+20.4% | $49000.00+25.6% | $39000.00 |
| Additional paid-in capital | $829.6M+57.5% | $526.7M+104.0% | $258.2M+15446.7% | $1.7M-99.7% | $498.2M+25.1% | $398.3M+24.2% | $320.6M |
| Accumulated deficit | -$336.7M-93.1% | -$174.4M-95.0% | -$89.4M-95.0% | -$45.9M+85.9% | -$325.6M-28.0% | -$254.4M-41.7% | -$179.5M |
| Accumulated other comprehensive income | $489K+361.3% | $106K+125.5% | $47K+129.2% | -$161K-436.7% | -$30K-30.4% | -$23K-387.5% | $8K |
| Total stockholders' equity | $493.4M+40.0% | $352.5M+108.7% | $168.9M+480.6% | -$44.4M-125.7% | $172.7M+20.0% | $143.9M+1.9% | $141.2M |
| Total liabilities and stockholders 'equity | $530.9M+42.0% | $374.0M+108.5% | $179.4M+115.9% | $83.1M-56.2% | $189.9M+17.5% | $161.6M+0.1% | $161.5M |
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.