| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and cash equivalents | $63.0M+79.9% | $35.0M-71.2% | $121.5M+57.1% | $77.3M |
| Current portion of investments in U.S. Treasury securities | $118.8M+37.3% | $86.5M | — | — |
| Prepaid expenses and other current assets | $6.6M+43.9% | $4.6M+62.8% | $2.8M | — |
| Total current assets | $188.4M+49.4% | $126.1M+1.5% | $124.3M+55.3% | $80.0M |
| Non-current portion of investments in U.S. Treasury securities | $64.8M+824.1% | $7.0M | — | — |
| Long-term investment | $3.4M | $0 | — | — |
| Restricted cash | $3.2M-0.1% | $3.3M+0.0% | $3.3M-0.0% | $3.3M |
| Property and equipment, net | $1.1M+10.8% | $1.0M-2.7% | $1.1M+5.8% | $998K |
| Lease right-of-use assets - finance | $1.1M-21.9% | $1.5M-17.2% | $1.8M-14.8% | $2.1M |
| Lease right-of-use assets - operating | $6.6M-18.5% | $8.1M-14.5% | $9.4M-11.8% | $10.7M |
| Total assets | $268.7M+82.9% | $146.9M+5.1% | $139.8M+44.0% | $97.1M |
| Accounts payable | $4.9M-24.3% | $6.4M+69.1% | $3.8M+41.7% | $2.7M |
| Accrued expenses and other current liabilities | $9.3M-32.6% | $13.8M+26.9% | $10.8M+68.8% | $6.4M |
| Current portion of lease liabilities - finance | $518K-9.1% | $570K+10.0% | $518K-5.3% | $547K |
| Current portion of lease liabilities - operating | $2.2M+2.7% | $2.1M+0.6% | $2.1M-8.7% | $2.3M |
| Total current liabilities | $16.8M-26.4% | $22.8M+32.5% | $17.2M+20.1% | $14.3M |
| Non-current portion of lease liabilities - finance | $327K-60.0% | $817K-34.5% | $1.2M-24.3% | $1.6M |
| Non-current portion of lease liabilities - operating | $4.9M-24.1% | $6.4M-17.3% | $7.8M-13.5% | $9.0M |
| Total liabilities | $22.0M-26.8% | $30.1M+14.6% | $26.3M+5.1% | $25.0M |
| Common stock, $0.0001 par value, 500,000,000 shares authorized as of December 31, 2025; 73,001,766 shares issued and 73,001,350 shares outstanding as of December 31, 2025; 500,000,000 shares authorized as of December 31, 2024; 33,079,209 shares issued and 33,071,261 shares outstanding as of December 31, 2024 | 7K+133.3% | 3K+0.0% | 3K | 0 |
| Treasury stock, at cost, 3,827 common shares as of December 31, 2025 and as of December 31, 2024 | -$17K+0.0% | -$17K | — | — |
| Additional paid-in capital | $626.6M+57.8% | $397.1M+34.5% | $295.4M+11752.8% | $2.5M |
| Accumulated other comprehensive gain (loss) | $188K+282.5% | -$103K | — | — |
| Accumulated deficit | -$380.1M-35.7% | -$280.2M-54.1% | -$181.8M-57.5% | -$115.4M |
| Total stockholders' equity | $246.7M+111.1% | $116.8M+2.9% | $113.5M+200.5% | -$113.0M |
| Total liabilities and stockholders' equity | $268.7M+82.9% | $146.9M+5.1% | $139.8M+44.0% | $97.1M |
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.