| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and cash equivalents | $69.3M+43.0% | $48.4M-46.5% | $90.6M-5.6% | $96.0M |
| Short-term investments | $19.1M+571.7% | $2.8M-95.0% | $56.8M-45.5% | $104.4M |
| Prepaid expenses and other current assets | $1.1M-68.4% | $3.6M-37.2% | $5.7M-4.7% | $6.0M |
| Total current assets | $89.5M+63.1% | $54.8M-64.6% | $154.7M-25.4% | $207.5M |
| Restricted cash | $631K+0.0% | $631K+0.0% | $631K+50.2% | $420K |
| Property and equipment, net | $1.5M-39.8% | $2.4M-27.9% | $3.4M-16.4% | $4.1M |
| Operating lease right-of-use asset | $535K-33.8% | $808K-23.0% | $1.0M-16.9% | $1.3M |
| Other long-term assets | $55K+0.0% | $55K-87.7% | $448K+714.5% | $55K |
| Total assets | $92.2M+56.8% | $58.8M-63.3% | $160.2M-37.9% | $258.2M |
| Accounts payable | $4.6M+1337.9% | $319K+147.3% | $129K-94.8% | $2.5M |
| Accrued liabilities | $5.0M-60.0% | $12.4M-32.4% | $18.3M+113.2% | $8.6M |
| Sermonix pre-funded warrant | $37.5M | — | — | — |
| Current operating lease liability | $465K+12.3% | $414K+12.5% | $368K+12.9% | $326K |
| Total current liabilities | $47.5M+261.7% | $13.1M-54.5% | $28.8M+34.6% | $21.4M |
| Operating lease liability, less current portion | $338K-57.9% | $803K-34.0% | $1.2M-23.2% | $1.6M |
| Milestone Liabilities | $15.1M | — | — | — |
| Other long-term liabilities | $1.4M | — | — | — |
| Total liabilities | $64.4M+361.8% | $13.9M-53.6% | $30.1M+30.6% | $23.0M |
| Common stock, $0.0001 par value; 90,000,000 shares authorized at December 31, 2025 and December 31, 2024, respectively; 9,335,913 and 3,904,049 shares issued and outstanding at December 31,2025 and December 31,2024, respectively | $1K | $0-100.0% | $4K+0.0% | $4K |
| Additional paid-in capital | $539.5M+19.6% | $451.0M+2.6% | $439.7M+2.6% | $428.6M |
| Accumulated other comprehensive (loss) income | -$4K-500.0% | $1K+100.3% | -$349K+82.2% | -$2.0M |
| Accumulated deficit | -$511.8M-26.0% | -$406.1M-31.4% | -$309.2M-61.4% | -$191.5M |
| Total stockholders' equity | $27.8M-38.0% | $44.8M-65.6% | $130.2M-44.6% | $235.1M |
| Total liabilities and stockholders' equity | $92.2M+56.8% | $58.8M-63.3% | $160.2M-37.9% | $258.2M |
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.