| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $37.7M-18.1% | $46.1M+43.5% | $32.1M-71.3% | $112.0M-38.9% | $183.4M-62.3% | $486.1M+260.0% | $135.0M |
| Marketable securities | $99.2M-60.1% | $248.4M-6.0% | $264.3M+83.9% | $143.7M+1.3% | $141.8M+433.7% | $26.6M-90.0% | $266.7M |
| Receivable from contracts with collaborators | $12.2M+129.1% | $5.3M | $0 | — | — | — | — |
| Prepaid expenses and other current assets | $18.5M+84.3% | $10.0M-0.6% | $10.1M+62.8% | $6.2M-4.6% | $6.5M-28.8% | $9.1M+21.9% | $7.5M |
| Total current assets | $167.6M-45.9% | $309.9M+1.1% | $306.5M+17.0% | $261.9M-21.1% | $331.8M-36.5% | $522.3M+27.6% | $409.3M |
| Property and equipment, net | $64K+540.0% | $10K-99.4% | $1.6M-58.6% | $4.0M-25.2% | $5.3M-3.9% | $5.5M+2.0% | $5.4M |
| Operating lease right-of-use assets | $4.1M-19.1% | $5.1M+63.2% | $3.1M-47.0% | $5.9M+7.9% | $5.5M-48.1% | $10.6M+2.4% | $10.3M |
| Other assets | $408K+44.2% | $283K-54.2% | $618K-9.1% | $680K-37.0% | $1.1M+5.2% | $1.0M-34.1% | $1.6M |
| Total assets | $172.2M-45.4% | $315.3M+1.1% | $311.9M+14.5% | $272.4M-20.7% | $343.7M-36.3% | $539.4M+26.4% | $426.6M |
| Accounts payable | $6.0M+157.0% | $2.3M-58.0% | $5.5M+278.8% | $1.5M-55.0% | $3.2M-56.8% | $7.5M+685.4% | $956K |
| Accrued research and development expenses | $21.7M+107.2% | $10.5M+34.4% | $7.8M-50.2% | $15.6M-3.6% | $16.2M+55.4% | $10.4M-45.8% | $19.3M |
| Current contract liabilities | $20.0M+17.2% | $17.1M | $0 | — | — | — | — |
| Accrued expenses and other current liabilities | $15.8M+4.2% | $15.2M-43.1% | $26.7M+29.9% | $20.5M+0.6% | $20.4M-1.5% | $20.7M+24.0% | $16.7M |
| Total current liabilities | $63.4M+40.9% | $45.0M-12.8% | $51.6M+4.8% | $49.2M+23.5% | $39.9M+3.1% | $38.6M+4.7% | $36.9M |
| Long-term convertible senior notes | $198.5M+0.5% | $197.5M+0.5% | $196.6M+0.5% | $195.7M+30.4% | $150.0M+4.5% | $143.6M | $0 |
| Operating lease liabilities - long-term | $3.5M-21.3% | $4.4M+2954.2% | $144K-95.8% | $3.4M+7.1% | $3.2M-58.3% | $7.7M-11.7% | $8.7M |
| Long-term contract liabilities | $29.6M-23.8% | $38.9M | $0 | — | — | — | — |
| Total liabilities | $295.0M+3.2% | $285.8M+14.7% | $249.1M-4.3% | $260.4M+17.2% | $222.2M+1.6% | $218.7M+195.1% | $74.1M |
| Common stock, $0.0001 par value; 700,000,000 shares authorized as of December 31, 2025 and December 31, 2024; 233,677,057 shares issued and outstanding as of December 31, 2025, and 226,604,138 shares issued and outstanding as of December 31, 2024 | $24K+4.3% | $23K+0.0% | $23K+130.0% | $10K+25.0% | $8K+0.0% | $8K+14.3% | $7K |
| Additional paid-in capital | $1.32B+1.9% | $1.30B+1.7% | $1.28B+22.0% | $1.04B+12.0% | $932.9M+3.9% | $897.6M+30.8% | $686.4M |
| Accumulated deficit | -$1.44B-13.4% | -$1.27B-4.7% | -$1.21B-17.4% | -$1.03B-27.2% | -$811.5M-40.5% | -$577.5M-72.8% | -$334.2M |
| Accumulated other comprehensive income (loss) | -$5.1M-533.1% | $1.2M+439.7% | -$350K+39.0% | -$574K-1375.6% | $45K-92.5% | $599K+132.2% | $258K |
| Total stockholders' equity (deficit) | -$122.8M-516.2% | $29.5M-53.0% | $62.8M+419.7% | $12.1M-90.1% | $121.5M-62.1% | $320.7M-9.0% | $352.5M |
| Total liabilities and stockholders' equity (deficit) | $172.2M-45.4% | $315.3M+1.1% | $311.9M+14.5% | $272.4M-20.7% | $343.7M-36.3% | $539.4M+26.4% | $426.6M |
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.