| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and cash equivalents | $14.5M+8.5% | $13.3M-33.8% | $20.2M-42.0% | $34.8M |
| Restricted cash, current | $806K-11.0% | $906K-34.0% | $1.4M+13.2% | $1.2M |
| Accounts receivable, net | $13K-94.0% | $215K-89.2% | $2.0M-59.8% | $5.0M |
| Short-term investments | $7.6M-58.6% | $18.3M-79.2% | $87.9M-16.3% | $105.0M |
| Inventory | $140K-97.5% | $5.6M+67.6% | $3.4M | $0 |
| Prepaid expenses and other current assets | $3.3M-34.9% | $5.0M+51.2% | $3.3M-41.6% | $5.7M |
| Total current assets | $26.2M-39.5% | $43.4M-63.3% | $118.1M-22.1% | $151.6M |
| Property and equipment, net | $17.2M-16.3% | $20.6M+26.5% | $16.3M-7.4% | $17.6M |
| Intangible assets, net | $2.7M-42.4% | $4.7M-5.4% | $4.9M | $0 |
| Operating lease right-of-use assets | $3.8M+150.6% | $1.5M-30.6% | $2.2M-36.3% | $3.4M |
| Restricted cash, non-current | $618K-34.8% | $948K+0.3% | $945K+40.0% | $675K |
| Other non-current assets | $634K-16.6% | $760K-8.8% | $833K+207.4% | $271K |
| Total assets | $51.2M-28.7% | $71.8M-49.9% | $143.2M-17.5% | $173.6M |
| Accounts payable | $3.0M-62.5% | $8.1M+192.9% | $2.8M-9.3% | $3.0M |
| Accrued and other current liabilities | $11.1M+19.1% | $9.3M-13.4% | $10.8M-23.9% | $14.1M |
| Accrued product warranties | $985K-70.0% | $3.3M+54.4% | $2.1M+29.6% | $1.6M |
| Operating lease liabilities, current | $1.8M+5.4% | $1.7M+7.0% | $1.6M+11.3% | $1.4M |
| Deferred revenue, current | $359K-93.1% | $5.2M+105.7% | $2.5M-58.7% | $6.2M |
| Financing obligations, current | $8.0M | $0 | — | — |
| Total current liabilities | $25.3M-8.4% | $27.6M+39.6% | $19.8M-29.4% | $28.0M |
| Operating lease liabilities, non-current | $2.1M | $0-100.0% | $957K-62.2% | $2.5M |
| Deferred revenue, non-current - related parties | $5.3M-63.2% | $14.4M | — | — |
| Common stock warrant liabilities | $573K-28.6% | $802K-12.5% | $917K-71.4% | $3.2M |
| Financing obligations, non-current | $9.3M | $0 | — | — |
| Other non-current liabilities | $41K-67.2% | $125K | $0-100.0% | $85K |
| Total liabilities | $42.6M-0.9% | $42.9M+7.7% | $39.9M+9.0% | $36.6M |
| Preferred stock ($0.0001 par value; 200,000,000 shares authorized, none issued and outstanding as of December 31, 2025 and 2024) | $0 | $0 | $0 | $0 |
| Common stock ($0.0001 par value; 1,000,000,000 shares authorized, 22,377,003 and 11,986,516 shares issued and outstanding as of December 31, 2025 and 2024, respectively) | $2K+100.0% | $1K+0.0% | $1K-93.8% | $16K |
| Additional paid-in capital | $854.4M+5.3% | $811.3M+1.5% | $799.5M+5.8% | $755.5M |
| Accumulated deficit | -$845.8M-8.1% | -$782.4M-12.4% | -$696.2M-12.5% | -$618.6M |
| Total stockholders’ equity | $8.6M-70.2% | $28.9M-72.1% | $103.4M-24.5% | $137.0M |
| Total liabilities and stockholders’ equity | $51.2M-28.7% | $71.8M-49.9% | $143.2M-17.5% | $173.6M |
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.