| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and cash equivalents | $653.5M+355.9% | $143.4M+45.3% | $98.7M+385.6% | $20.3M |
| Marketable securities | $0-100.0% | $74.0M+87.4% | $39.5M | — |
| Prepaid expenses and other current assets | $7.3M+80.7% | $4.0M-38.5% | $6.6M+182.1% | $2.3M |
| Total current assets | $660.8M+198.5% | $221.3M+53.0% | $144.7M+538.9% | $22.6M |
| Property and equipment, net | $14.6M+44.7% | $10.1M+387.8% | $2.1M+204.4% | $681K |
| Operating right-of-use assets | $3.0M-30.4% | $4.3M+173.5% | $1.6M+450.7% | $284K |
| Restricted cash | $210K+110.0% | $100K+0.0% | $100K+0.0% | $100K |
| Other long-term assets | $4.6M+4.0% | $4.4M+4311.0% | $100K | — |
| Total assets | $683.2M+184.4% | $240.2M+61.7% | $148.5M+517.7% | $24.0M |
| Accounts payable | $3.3M-76.5% | $14.2M+328.5% | $3.3M+38.0% | $2.4M |
| Accrued expenses and other current liabilities | $41.7M+25.5% | $33.2M+313.4% | $8.0M+62.7% | $4.9M |
| Deferred revenue, current | $0-100.0% | $6.9M-33.9% | $10.5M | — |
| Total current liabilities | $45.0M-17.2% | $54.3M+148.8% | $21.8M+197.8% | $7.3M |
| Operating lease liabilities, net of current portion | $3.9M-19.2% | $4.8M+255.9% | $1.3M | — |
| Total liabilities | $48.8M-17.3% | $59.1M+106.1% | $28.7M+287.6% | $7.4M |
| Common stock, $0.0001 par value; 300,000,000 shares authorized at December 31, 2025 and 2024; 113,133,199 and 64,460,829 shares issued and outstanding at December 31, 2025 and 2024, respectively | $11K+83.3% | $6K+50.0% | $4K+300.0% | $1K |
| Additional paid-in capital | $1.36B+95.5% | $696.9M+103.4% | $342.7M+158.3% | $132.7M |
| Accumulated other comprehensive income | $0-100.0% | $57K+159.1% | $22K | — |
| Accumulated deficit | -$728.2M-41.2% | -$515.8M-131.5% | -$222.8M-92.1% | -$116.0M |
| Total stockholders' equity | $634.3M+250.1% | $181.2M+51.1% | $119.9M+619.9% | $16.7M |
| Total liabilities and stockholders' equity | $683.2M+184.4% | $240.2M+61.7% | $148.5M+517.7% | $24.0M |
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.