| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and cash equivalents | $93.9M+431.2% | $17.7M+1.0% | $17.5M+30.3% | $13.4M |
| Short-term investments | $6.5M | — | — | — |
| Tax receivable | $2.0M | — | $1.2M+358.4% | $256K |
| Prepaid expenses and other current assets | $828K+53.0% | $542K-51.0% | $1.1M-8.3% | $1.2M |
| Total current assets | $101.2M+401.2% | $20.2M+2.1% | $19.8M+32.8% | $14.9M |
| Other assets | $20K+0.0% | $20K | — | — |
| Deferred offering costs | $94K | — | — | $7K |
| Right-of-use asset, net | $967K-2.3% | $989K | — | — |
| Property and equipment, net | $2.5M+44.9% | $1.7M+3367.7% | $50K+1309.6% | $4K |
| Total assets | $104.8M+356.9% | $22.9M+15.2% | $19.9M+33.7% | $14.9M |
| Accounts payable and accrued expenses | $10.0M+15.6% | $8.6M+131.7% | $3.7M+192.3% | $1.3M |
| Operating lease liabilities - current | $139K+113.6% | $65K | — | — |
| Total current liabilities | $10.1M+16.4% | $8.7M+133.4% | $3.7M+192.3% | $1.3M |
| Operating lease liabilities - long term | $934K-7.5% | $1.0M | — | — |
| Total liabilities | $11.0M+13.9% | $9.7M+160.5% | $3.7M+112.9% | $1.7M |
| Common stock, $0.0001 par value; 200,000,000 shares authorized; 53,023,466 shares issued and 52,951,103 shares outstanding at December 31, 2025, and 27,612,383 shares issued and 27,540,020 shares outstanding at December 31, 2024 | 5K+91.9% | 3K+38.1% | 2K+43.2% | 1K |
| Additional paid-in capital | $198.3M+124.4% | $88.4M+26.6% | $69.8M+36.4% | $51.2M |
| Accumulated other comprehensive income | $60K+5797.0% | -$1K-100.8% | $135K+54.8% | $87K |
| Accumulated deficit | -$104.5M-39.2% | -$75.0M-40.5% | -$53.4M-40.6% | -$38.0M |
| Treasury stock at cost, 72,363 shares as of December 31, 2025, and 2024 | -$100K+0.0% | -$100K | — | — |
| Total stockholders’ equity | $93.8M+607.8% | $13.3M-18.2% | $16.2M+23.1% | $13.2M |
| Total liabilities and stockholders’ equity | $104.8M+356.9% | $22.9M+15.2% | $19.9M+33.7% | $14.9M |
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.