| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | $98.9M-20.3% | $124.1M+23.9% | $100.1M+32.6% | $75.5M+56.4% | $48.3M+1.3% | $47.7M |
| Marketable securities | $363.7M+92.1% | $189.3M+23.7% | $153.0M | $0 | — | — |
| Restricted cash | $0-100.0% | $54K+0.0% | $54K+0.0% | $54K | — | — |
| Prepaid expenses and other current assets | $12.3M+164.6% | $4.6M+57.1% | $2.9M+33.0% | $2.2M-8.3% | $2.4M+10.8% | $2.2M |
| Total current assets | $474.9M+49.3% | $318.1M+19.5% | $266.2M+242.3% | $77.8M-16.1% | $92.7M+2.5% | $90.4M |
| Property and equipment, net | $34K-92.6% | $458K-38.3% | $742K-16.6% | $890K | — | $349K |
| Operating lease right-of-use assets | $383K | $0-100.0% | $320K-48.9% | $626K | — | — |
| Deferred offering costs | $217K | $0-100.0% | $563K-85.8% | $4.0M | — | — |
| Other long-term assets | $656K-90.9% | $7.2M+75.4% | $4.1M | $0-100.0% | $175K+98.9% | $88K |
| Total assets | $476.2M+46.2% | $325.8M+19.8% | $271.9M+226.4% | $83.3M-11.1% | $93.6M+3.1% | $90.8M |
| Accounts payable | $2.2M+60.9% | $1.3M+152.3% | $532K-84.5% | $3.4M+45.7% | $2.4M+19.7% | $2.0M |
| Accrued expenses and other current liabilities | $14.4M-1.1% | $14.6M-5.1% | $15.4M+144.7% | $6.3M+36.3% | $4.6M+7.7% | $4.3M |
| Total current liabilities | $16.6M+4.1% | $15.9M-38.5% | $25.9M+166.5% | $9.7M+34.7% | $7.2M+15.4% | $6.2M |
| Total liabilities | $16.6M+4.1% | $15.9M-38.7% | $26.0M+150.3% | $10.4M+36.2% | $7.6M+18.9% | $6.4M |
| Preferred stock, par value $0.001; authorized shares - 10,000,000; issued and outstanding shares - none | $0 | $0 | $0 | — | — | — |
| Common stock, par value $0.001; authorized shares - 100,000,000; issued and outstanding shares - 59,440,045 and 48,936,459 at December 31, 2025 and 2024, respectively | $59K+20.4% | $49K+19.5% | $41K+4000.0% | $1K-96.3% | $27K+50.0% | $18K |
| Additional paid-in capital | $806.4M+45.8% | $553.2M+38.2% | $400.2M+6527.6% | $6.0M-97.4% | $233.5M+29.4% | $180.5M |
| Accumulated other comprehensive income | $334K+507.3% | $55K-61.0% | $141K | $0 | — | $4K |
| Accumulated deficit | -$347.2M-42.6% | -$243.5M-57.6% | -$154.4M-86.4% | -$82.9M+43.8% | -$147.5M-53.5% | -$96.1M |
| Total stockholders' equity | $459.6M+48.3% | $309.8M+26.0% | $245.9M+420.1% | -$76.8M-189.3% | $86.0M+1.9% | $84.4M |
| Total liabilities and stockholders' equity | $476.2M+46.2% | $325.8M+19.8% | $271.9M+226.4% | $83.3M-11.1% | $93.6M+3.1% | $90.8M |
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.