
| Metric | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Cash and cash equivalents | $41.7M+52.3% | $27.4M-80.5% | $140.6M |
| Available-for-sale marketable securities | $119.1M-46.1% | $220.9M+69.2% | $130.6M |
| Accounts receivable | $305K-75.7% | $1.3M-48.7% | $2.5M |
| Prepaid expenses and other current assets | $4.4M-47.2% | $8.4M+80.9% | $4.6M |
| Total current assets | $165.5M-35.8% | $258.0M-7.3% | $278.3M |
| Property and equipment, net | $12.3M-30.7% | $17.7M-17.6% | $21.5M |
| Long-term investments | $2.2M-37.5% | $3.4M-67.7% | $10.7M |
| Operating lease right-of-use assets | $35.1M-12.1% | $39.9M-8.5% | $43.6M |
| Other assets | $836K+191.3% | $287K-94.8% | $5.5M |
| Restricted cash | $5.2M-1.0% | $5.2M+0.0% | $5.2M |
| Total assets | $221.1M-31.9% | $324.6M-11.0% | $364.8M |
| Accounts payable | $1.5M+179.4% | $533K-70.2% | $1.8M |
| Accrued expenses and other current liabilities | $6.7M-20.2% | $8.4M-26.6% | $11.5M |
| Current portion of operating lease liabilities | $6.0M+7.7% | $5.6M+63.2% | $3.4M |
| Deferred revenue | $8.7M-61.8% | $22.8M-52.6% | $48.1M |
| Total current liabilities | $22.9M-38.5% | $37.3M-45.8% | $68.9M |
| Non-current portion of operating lease liabilities | $34.6M-13.8% | $40.2M-10.3% | $44.8M |
| Deferred revenue, non-current | $3.0M-70.8% | $10.2M-66.9% | $30.9M |
| Other non-current liabilities | $2.0M-2.8% | $2.0M-60.4% | $5.1M |
| Total liabilities | $62.5M-30.3% | $89.7M-40.0% | $149.7M |
| Commitments and contingencies (Note 8) | — | — | $0 |
| Preferred stock: $0.0001 par value; 10,000,000 shares authorized and zero shares issued and outstanding | $0 | $0 | $0 |
| Common stock: $0.0001 par value; 500,000,000 shares authorized; 37,620,668 and 37,418,470 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $4K+0.0% | $4K | $0 |
| Additional paid-in-capital | $469.2M+2.6% | $457.1M+4733.9% | $9.5M |
| Accumulated other comprehensive income | $260K-63.3% | $709K+830.9% | -$97K |
| Accumulated deficit | -$310.9M-39.4% | -$223.0M-53.9% | -$144.9M |
| Total stockholders' equity | $158.6M-32.5% | $234.9M+273.2% | -$135.6M |
| Total liabilities and stockholders' equity | $221.1M-31.9% | $324.6M-11.0% | $364.8M |
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.