| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and cash equivalents | $101.8M+2.1% | $99.7M-64.6% | $281.3M+194.1% | $95.6M |
| Marketable securities | $204.3M-24.7% | $271.2M+444.7% | $49.8M+1.8% | $48.9M |
| Accounts and other receivables, net | $651K+7.2% | $607K-24.6% | $805K-94.8% | $15.5M |
| Prepaid expenses and other current assets | $20.1M+112.1% | $9.5M+4.9% | $9.0M-8.3% | $9.9M |
| Inventory | $1.8M-21.3% | $2.3M-41.0% | $3.9M+35.3% | $2.9M |
| Total current assets | $328.7M-14.3% | $383.3M+11.2% | $344.8M+99.5% | $172.8M |
| Property and equipment, net | $9.0M+10.3% | $8.2M+55.7% | $5.3M+286.1% | $1.4M |
| Operating lease right-of-use assets | $20.2M-3.7% | $21.0M+321.4% | $5.0M-17.5% | $6.0M |
| Restricted cash | $150K+0.0% | $150K+0.0% | $150K+0.0% | $150K |
| Other assets | $5.9M+1.9% | $5.8M | $0 | — |
| Total assets | $364.0M-13.0% | $418.5M+17.8% | $355.2M+96.9% | $180.4M |
| Accounts payable | $10.5M-10.5% | $11.7M+80.2% | $6.5M+9.9% | $5.9M |
| Accrued expenses | $24.4M+34.8% | $18.1M+3.3% | $17.5M+7.1% | $16.4M |
| Deferred revenue | $0-100.0% | $17.8M-53.9% | $38.6M+3102.7% | $1.2M |
| Other current liabilities | $2.1M+48.6% | $1.4M+122.9% | $646K+11.6% | $579K |
| Total current liabilities | $37.0M-24.5% | $49.0M-22.5% | $63.3M+83.2% | $34.5M |
| Deferred revenue - noncurrent | $0-100.0% | $10.9M-47.5% | $20.7M+52.6% | $13.6M |
| Operating lease liabilities - noncurrent | $20.8M-5.0% | $21.9M+345.5% | $4.9M-18.0% | $6.0M |
| Other noncurrent liabilities | $87K-57.6% | $205K | $0 | — |
| Total liabilities | $57.9M-29.4% | $82.0M-7.8% | $88.9M+5.8% | $84.0M |
| Preferred stock, $.001 par value, 5,000,000 shares authorized, no shares issued and outstanding | $0 | $0 | $0 | $0 |
| Common stock, $.001 par value, 300,000,000 shares authorized at December 31, 2025 and December 31, 2024; 82,826,416 and 68,266,005 shares issued and outstanding at December 31, 2025 and 2024, respectively | $83K+22.1% | $68K+38.8% | $49K+44.1% | $34K |
| Additional paid-in capital | $1.41B+16.7% | $1.21B+19.9% | $1.01B+31.4% | $766.9M |
| Accumulated deficit | -$1.10B-26.6% | -$873.0M-17.6% | -$742.1M-10.5% | -$671.4M |
| Accumulated other comprehensive income (loss) | $961K-6.5% | $1.0M+19.0% | $864K+9.9% | $786K |
| Total stockholders’ equity | $306.1M-9.0% | $336.5M+26.4% | $266.3M+176.4% | $96.4M |
| Total liabilities and stockholders’ equity | $364.0M-13.0% | $418.5M+17.8% | $355.2M+96.9% | $180.4M |
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.