| Metric | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Compensation | $3.6M+43.8% | $2.5M+324.0% | $596K |
| Professional fees | $1.4M+23.5% | $1.2M+167.5% | $436K |
| Information technology | $96K+148.3% | $39K+77.3% | $22K |
| General and administrative-other | $836K+153.6% | $330K+15.9% | $284K |
| Total general and administrative costs | $6.0M+47.9% | $4.1M+203.5% | $1.3M |
| Research and development costs | $3.7M+98.4% | $1.9M+254.3% | $527K |
| Total operating costs | $9.7M+63.8% | $5.9M+217.9% | $1.9M |
| Net operating loss | -$9.7M-63.8% | -$5.9M-230.3% | -$1.8M |
| Interest income, net | $364K+368.7% | $78K+77512.0% | $100 |
| Other income/(expense) | $89K+1398.6% | -$7K | — |
| Change in fair value of SAFE | -$8 | — | -$200K |
| Loss before income taxes | -$9.3M-58.1% | -$5.9M-193.6% | -$2.0M |
| Income tax benefit | $105K | — | — |
| Net loss | -$9.2M-56.3% | -$5.9M-187.5% | -$2.0M |
| Net loss per common share - basic | -$1.09-22.5% | -$0.89-169.7% | -$0.33 |
| Net loss per common share - diluted | -$1.09-22.5% | -$0.89-169.7% | -$0.33 |
| Weighted average of common shares outstanding - basic | 8.4M+27.7% | 6.6M+5.0% | 6.3M |
| Weighted average of common shares outstanding - diluted | 8.4M+27.7% | 6.6M+5.0% | 6.3M |
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.