| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | $357.0M+196.9% | $120.3M+9.4% | $110.0M+60.8% | $68.4M+42.6% | $48.0M+54.7% | $31.0M |
| Marketable securities (Note 4) | $491.3M+33.3% | $368.5M+39.1% | $264.9M-21.8% | $338.8M-14.1% | $394.4M+48.7% | $265.2M |
| Prepaid expenses and other current assets | $22.9M+6.6% | $21.5M+84.4% | $11.7M+20.2% | $9.7M+11.4% | $8.7M+85.4% | $4.7M |
| Total current assets | $871.2M+70.7% | $510.3M+25.9% | $405.3M-3.4% | $419.4M-7.1% | $451.3M+49.3% | $302.3M |
| Marketable securities, non-current (Note 4) | $771.2M+112.9% | $362.2M+489.5% | $61.4M-59.7% | $152.3M+21.7% | $125.2M-23.0% | $162.5M |
| Property and equipment, net (Note 6) | $43.2M-14.4% | $50.5M+4.8% | $48.1M+261.0% | $13.3M+12.2% | $11.9M+9.6% | $10.8M |
| Right-of-use assets, operating leases | $42.4M-10.7% | $47.4M-10.5% | $52.9M+494.3% | $8.9M-5.5% | $9.4M-4.3% | $9.8M |
| Other non-current assets | $9.1M+367.4% | $1.9M-7.9% | $2.1M-29.8% | $3.0M+49.2% | $2.0M+6640.0% | $30K |
| Restricted cash | $5.8M+0.1% | $5.8M-0.3% | $5.8M-5.2% | $6.1M+0.2% | $6.1M+284.9% | $1.6M |
| Total assets | $1.74B+78.2% | $978.0M+69.9% | $575.8M-4.5% | $603.1M-0.5% | $605.9M+24.4% | $487.2M |
| Accounts payable | $4.0M-33.0% | $6.0M-15.3% | $7.1M+63.2% | $4.3M+8.2% | $4.0M-8.3% | $4.4M |
| Accrued expenses (Note 8) | $42.3M+21.2% | $34.9M+3.0% | $33.9M+23.1% | $27.5M+19.7% | $23.0M+122.4% | $10.3M |
| Deferred revenue | $22.9M+68.9% | $13.6M-64.2% | $37.9M+7.4% | $35.3M-42.9% | $61.7M-33.3% | $92.6M |
| Operating lease liabilities | $11.9M+3.0% | $11.6M+128.8% | $5.1M+99.9% | $2.5M+3.0% | $2.5M-4.3% | $2.6M |
| Finance lease liabilities | $1.8M+19.6% | $1.5M+18.9% | $1.3M-9.3% | $1.4M+23.7% | $1.1M+65.2% | $689K |
| Other current liabilities | $242K+8.5% | $223K-57.4% | $524K+72.9% | $303K+32.9% | $228K+115.1% | $106K |
| Total current liabilities | $83.2M+22.8% | $67.8M-20.9% | $85.7M+20.1% | $71.3M-22.9% | $92.5M-16.3% | $110.6M |
| Deferred revenue, net of current portion | $11.4M | $0-100.0% | $16.8M-40.1% | $28.0M-28.7% | $39.3M-49.5% | $77.8M |
| Operating lease liabilities, net of current portion | $67.0M-7.4% | $72.4M-6.0% | $77.0M+534.2% | $12.1M-8.2% | $13.2M-6.4% | $14.1M |
| Finance lease liabilities, net of current portion | $1.5M-34.3% | $2.2M+71.1% | $1.3M+4.4% | $1.2M+9.3% | $1.1M+88.7% | $604K |
| Total liabilities | $163.1M+14.6% | $142.4M-21.2% | $180.8M+60.0% | $113.0M-22.8% | $146.3M-28.0% | $203.3M |
| Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of December 31, 2025 and 2024; 0 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $0 | $0 | — | — | — | — |
| Common stock, $0.0001 par value; 150,000,000 shares authorized at December 31, 2025 and 2024, 81,323,532 and 64,890,193 shares issued and outstanding at December 31, 2025 and 2024, respectively | $8K+14.3% | $7K+16.7% | $6K+0.0% | $6K+20.0% | $5K+25.0% | $4K |
| Additional paid-in capital | $2.64B+66.1% | $1.59B+71.8% | $926.3M+5.4% | $878.9M+27.5% | $689.3M+67.0% | $412.8M |
| Accumulated deficit | -$1.07B-41.3% | -$754.6M-42.2% | -$530.8M-38.3% | -$383.8M-67.6% | -$229.0M-77.8% | -$128.8M |
| Accumulated other comprehensive income (loss) | $1.8M+221.2% | -$1.5M-169.0% | -$552K+88.8% | -$4.9M-649.8% | -$660K-415.6% | -$128K |
| Total stockholders' equity | $1.58B+89.0% | $835.6M+111.6% | $395.0M-19.4% | $490.2M+6.6% | $459.6M+61.9% | $283.9M |
| Total liabilities and stockholders' equity | $1.74B+78.2% | $978.0M+69.9% | $575.8M-4.5% | $603.1M-0.5% | $605.9M+24.4% | $487.2M |
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.