
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | $2.8M-64.2% | $7.9M+29.2% | $6.1M-43.1% | $10.8M-39.1% | $17.7M+209.5% | $5.7M |
| Payroll tax credit, current portion | $107K+105.8% | $52K-88.4% | $450K+18.7% | $379K+128.3% | $166K-66.8% | $500K |
| Vendor deposits | $44K+57.1% | $28K-93.0% | $399K+287.4% | $103K | — | — |
| Inventory | $1.8M-13.7% | $2.0M+83.7% | $1.1M | — | — | — |
| Prepaid expenses and other current assets | $243K-32.9% | $362K-18.1% | $442K+9.1% | $405K-68.8% | $1.3M+87.6% | $691K |
| Total current assets | $5.0M-52.0% | $10.4M+21.9% | $8.5M-26.8% | $11.6M-66.8% | $35.1M+408.0% | $6.9M |
| Property and equipment, net | $101K-52.6% | $213K-37.7% | $342K-22.8% | $443K-16.3% | $529K+1292.1% | $38K |
| Right-of-use asset | $415K-30.8% | $600K | — | — | — | — |
| Other assets | $97K-17.1% | $117K-69.8% | $387K-20.5% | $487K+914.6% | $48K+380.0% | $10K |
| Total assets | $5.6M-50.5% | $11.3M+20.2% | $9.4M-28.9% | $13.2M-63.5% | $36.3M+412.0% | $7.1M |
| Accounts payable | $3.5M+72.5% | $2.0M-35.3% | $3.1M+459.8% | $557K+79.1% | $311K+26.4% | $246K |
| Deferred revenue | $12K-66.7% | $36K-97.1% | $1.3M | — | — | — |
| Other current liabilities | $936K-32.8% | $1.4M-8.9% | $1.5M-65.4% | $4.4M+52.1% | $2.9M+336.5% | $666K |
| Total current liabilities | $8.8M+155.6% | $3.4M-41.6% | $5.9M+18.5% | $5.0M+54.7% | $3.2M+177.4% | $1.2M |
| Other noncurrent liabilities | $267K-48.7% | $520K+940.0% | $50K-76.6% | $214K+494.4% | $36K-77.6% | $161K |
| Total noncurrent liabilities | $267K-48.7% | $520K+612.3% | $73K-79.1% | $350K+10.4% | $317K-97.7% | $14.0M |
| Total liabilities | $9.1M+128.9% | $4.0M-33.6% | $6.0M+12.1% | $5.3M+50.7% | $3.5M-76.7% | $15.1M |
| Common stock, $0.0001 par value, 500,000,000 shares authorized at December 31, 2025 and 2024; 904,486 and 684,029 shares issued and outstanding at December 31, 2025 and 2024, respectively | $10K+0.0% | $10K+66.7% | $6K+100.0% | $3K+0.0% | $3K+200.0% | $1K |
| Additional paid-in capital | $162.9M+4.8% | $155.5M+21.6% | $127.8M+24.1% | $103.0M+5.6% | $97.5M | — |
| Accumulated deficit | -$166.4M-12.3% | -$148.1M-19.1% | -$124.4M-30.8% | -$95.1M-46.8% | -$64.8M-58.4% | -$40.9M |
| Total stockholders' equity (deficit) | -$3.5M-147.2% | $7.4M+113.3% | $3.4M-56.4% | $7.9M-75.8% | $32.7M+180.1% | -$40.9M |
| Total liabilities and stockholders' equity (deficit) | $5.6M-50.5% | $11.3M+20.2% | $9.4M-28.9% | $13.2M-63.5% | $36.3M+412.0% | $7.1M |
| Related Party | ||||||
| Bridge loan (related party) | $4.4M | — | — | — | — | — |
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.