| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | $35.1M-6.8% | $37.6M-49.9% | $75.2M-36.0% | $117.5M-37.7% | $188.5M+200.7% | $62.7M |
| Restricted cash | $957K+3317.9% | $28K-95.5% | $621K-19.5% | $771K-71.0% | $2.7M+65.3% | $1.6M |
| Accounts receivable, less allowance of $1,372 and $651 in 2025 and 2024, respectively | $5.3M-11.8% | $6.0M+86.8% | $3.2M+51.6% | $2.1M+280.3% | $553K+217.8% | $174K |
| Unbilled receivables | $1.3M-46.0% | $2.3M+149.4% | $942K+107.5% | $454K+398.9% | $91K | — |
| Inventory | $7.1M+21.6% | $5.8M-11.4% | $6.6M+42.4% | $4.6M+7.2% | $4.3M+150.9% | $1.7M |
| Prepaid expenses and other current assets | $1.3M-33.9% | $1.9M-20.5% | $2.4M-25.1% | $3.2M+135.4% | $1.4M+96.4% | $691K |
| Total current assets | $50.9M-5.2% | $53.7M-39.6% | $88.9M-30.9% | $128.7M-34.8% | $197.5M+189.0% | $68.3M |
| Property and equipment, net | $2.5M-18.4% | $3.1M+4.1% | $3.0M-7.7% | $3.2M-13.5% | $3.8M+97.1% | $1.9M |
| Other long term assets | $1.8M-12.8% | $2.1M-9.7% | $2.3M+7.2% | $2.1M+73.2% | $1.2M+2706.8% | $44K |
| Total assets | $55.3M-6.2% | $58.9M-37.5% | $94.2M-29.7% | $134.1M-33.8% | $202.5M+183.1% | $71.5M |
| Accounts payable | $4.1M+152.1% | $1.6M+32.4% | $1.2M+79.1% | $678K-69.8% | $2.2M+137.1% | $948K |
| Deferred grant funding | $957K+3317.9% | $28K-95.5% | $621K-19.5% | $771K-71.0% | $2.7M+65.3% | $1.6M |
| Deferred revenue | $1.5M+5.8% | $1.5M+0.5% | $1.5M+5.4% | $1.4M+88.8% | $730K+362.0% | $158K |
| Accrued expenses and other current liabilities | $5.1M-7.9% | $5.6M+2.8% | $5.4M-9.3% | $6.0M-26.4% | $8.1M+542.0% | $1.3M |
| Total current liabilities | $11.7M+34.4% | $8.7M-0.4% | $8.8M-0.4% | $8.8M-44.1% | $15.7M+282.3% | $4.1M |
| Warrant liabilities | $1.7M | $0 | — | — | — | — |
| Long term deferred revenue | $729K-30.8% | $1.1M+8.9% | $968K-36.6% | $1.5M+199.2% | $510K | — |
| Other noncurrent liabilities | $66K-15.4% | $78K+21.9% | $64K | — | — | — |
| Total liabilities | $14.3M+44.6% | $9.9M+0.6% | $9.8M-5.1% | $10.3M-36.4% | $16.2M+278.3% | $4.3M |
| Additional paid-in capital | $371.0M+8.0% | $343.5M+1.6% | $338.1M+1.5% | $333.2M+3.3% | $322.5M+2996.9% | $10.4M |
| Accumulated deficit | -$330.0M-12.1% | -$294.4M-16.0% | -$253.7M-21.1% | -$209.5M-53.7% | -$136.3M-90.7% | -$71.5M |
| Total stockholders' equity | $41.0M-16.4% | $49.0M-41.9% | $84.4M-31.8% | $123.7M-33.6% | $186.2M+405.0% | -$61.1M |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $55.3M-6.2% | $58.9M-37.5% | $94.2M-29.7% | $134.1M-33.8% | $202.5M+183.1% | $71.5M |
| Related Party | ||||||
| Due to related parties | $50K-18.0% | $61K+0.0% | $61K | — | — | $136K |
| Class A Common Stock | ||||||
| Common stock | $2K+0.0% | $2K+0.0% | $2K+0.0% | $2K+0.0% | $2K | — |
| Class B Common Stock | ||||||
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.