| Metric | FY2025 | FY2024 |
|---|---|---|
| Cash and cash equivalents | $44.8M-12.8% | $51.4M |
| Short-term investments | $132.0M | — |
| Accounts receivable, net of allowance for credit losses of $626 and $814 at December 31, 2025 and 2024, respectively | $29.3M+19.1% | $24.6M |
| Restricted cash, current | $150K | — |
| Prepaid expenses and other current assets | $14.1M+129.5% | $6.1M |
| Total current assets | $220.2M+167.6% | $82.3M |
| Long-term investments | $103.4M | — |
| Property and equipment, net | $8.6M-3.7% | $8.9M |
| Operating lease right-of-use assets | $17.5M-7.0% | $18.8M |
| Restricted cash, non-current | $4.7M+8.9% | $4.3M |
| Other non-current assets | $5.1M+16.8% | $4.4M |
| Total assets | $359.5M+202.8% | $118.7M |
| Accounts payable | $3.2M+10.4% | $2.9M |
| Accrued expenses and other current liabilities | $33.3M+31.4% | $25.3M |
| Operating lease liabilities, current | $5.9M+9.3% | $5.4M |
| Total current liabilities | $42.4M+26.1% | $33.6M |
| Term loan | $136.4M | — |
| Common stock warrant liability | $0-100.0% | $20.8M |
| Operating lease liabilities, non-current | $16.1M-13.0% | $18.5M |
| Other non-current liabilities | $303K+41.6% | $214K |
| Total liabilities | $58.8M-71.9% | $209.6M |
| Redeemable convertible preferred stock issuable in series, $0.001 par value; none and 122,231,454 shares authorized, issued and outstanding as of December 31, 2025 and 2024, respectively; aggregate liquidation value of none and $951,917 as of December 31, 2025 and 2024, respectively | $768.6M | — |
| Common stock, $0.001 par value; 250,000,000 and 210,300,000 shares authorized as of December 31, 2025 and 2024, respectively; 85,280,597 and 6,122,048 shares issued and outstanding as of December 31, 2025 and 2024. respectively | $85K+1316.7% | $6K |
| Additional paid-in capital | $1.39B+1137.3% | $112.2M |
| Accumulated other comprehensive loss | -$425K+44.9% | -$772K |
| Accumulated deficit | -$1.09B-12.0% | -$971.0M |
| Total stockholders’ equity (deficit) | $300.6M+135.0% | -$859.5M |
| Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit) | $359.5M+202.8% | $118.7M |
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.