| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Sales | $48.4M+26.8% | $38.1M+38.4% | $27.6M+41.5% | $19.5M+2952.4% | $638K+678.0% | $82K |
| Cost of goods sold | $42.5M+24.8% | $34.0M+34.4% | $25.3M+46.8% | $17.3M+3895.1% | $432K+374.7% | $91K |
| Gross profit | $5.9M+43.3% | $4.1M+84.6% | $2.2M+0.0% | $2.2M+975.2% | $206K+2388.9% | -$9K |
| Research and development | $25.6M+14.8% | $22.3M+38.5% | $16.1M+14.4% | $14.1M+310.5% | $3.4M+217.4% | $1.1M |
| Sales and marketing | $9.1M+15.8% | $7.9M | — | — | — | — |
| General and administrative | $33.8M+2.7% | $32.9M | — | — | — | — |
| Total operating expenses | $68.5M+8.6% | $63.1M-47.1% | $119.1M+23.1% | $96.7M+115.3% | $44.9M+467.7% | $7.9M |
| Loss from operations | -$62.6M-6.2% | -$59.0M+49.6% | -$116.9M-23.7% | -$94.5M-111.4% | -$44.7M-464.5% | -$7.9M |
| Change in fair value of warrant liabilities | -$3.4M-514.1% | $811K-95.6% | $18.5M | $0 | — | — |
| Interest expense, net | -$32.2M+45.4% | -$58.9M-128.9% | -$25.7M-53.8% | -$16.7M-152.9% | -$6.6M-1167.8% | -$522K |
| Other income (expense), net | $3.8M+233.7% | -$2.8M-1897.5% | $157K-16.9% | $189K-38.8% | $309K | $0 |
| Net loss | -$94.4M+21.3% | -$119.9M+3.3% | -$124.0M-11.7% | -$111.1M-98.0% | -$56.1M-567.1% | -$8.4M |
| Less: Deemed dividend to preferred stockholders | $403K | $0 | — | — | — | — |
| Net loss attributable to common stockholders | -$94.8M+21.0% | -$119.9M | — | — | — | — |
| Basic (in dollars per share) | -$5610.00+60.3% | -$14140.00+9.4% | -$15610.00+5.8% | -$16570.00-1463.2% | -$1060.00-623429.4% | -$0.17 |
| Diluted (in dollars per share) | -$5610.00+60.3% | -$14140.00+9.4% | -$15610.00+5.8% | -$16570.00-1563107.5% | -$1.06-523.5% | -$0.17 |
| Basic (in shares) | 16.90B+99.2% | 8.48B+6.8% | 7.94B+18.5% | 6.70B+12570.3% | 52.9M+6.5% | 49.7M |
| Diluted (in shares) | 16.90B+99.2% | 8.48B+6.8% | 7.94B+18.5% | 6.70B+12570.3% | 52.9M+6.5% | 49.7M |
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.