| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | $164.1M+359.3% | $35.7M-16.2% | $42.6M-57.8% | $101.1M-23.7% | $132.4M+345.0% | $29.8M |
| Accounts receivable, net of allowance for credit loss of $nil and $nil | $16.1M+26.4% | $12.7M | $0 | — | — | — |
| Inventory | $11.4M | $0 | — | — | — | — |
| Prepaid expenses and other current assets | $11.5M+58.7% | $7.3M+378.7% | $1.5M-60.2% | $3.8M+4.9% | $3.6M+298.5% | $914K |
| Marketable securities | $365.1M-21.8% | $467.0M-17.9% | $568.6M+1.5% | $559.9M-11.5% | $633.0M+240.3% | $186.0M |
| Interest receivable on marketable securities | $3.3M-8.0% | $3.6M-3.6% | $3.7M+49.0% | $2.5M-18.2% | $3.0M+178.3% | $1.1M |
| Total current assets | $571.5M+8.6% | $526.3M-14.6% | $616.4M-7.6% | $667.3M-13.6% | $772.1M+249.9% | $220.7M |
| Property and equipment, net of accumulated depreciation of $1,184 and $874, respectively | $564K-3.8% | $586K-18.3% | $717K-19.8% | $894K+13.7% | $786K+14.2% | $688K |
| Intangible assets, net of accumulated amortization of $1,856 and $448, respectively | $11.2M+142.6% | $4.6M | $0 | — | — | — |
| Operating lease right-of-use assets | $3.9M+63.1% | $2.4M-33.4% | $3.6M-4.9% | $3.8M+32.0% | $2.9M | — |
| Other non-current assets | $7.6M+12.5% | $6.8M+1051.8% | $587K | $0 | — | — |
| Total assets | $594.8M+10.0% | $540.6M-13.0% | $621.5M-7.5% | $672.1M-13.4% | $776.2M+249.9% | $221.8M |
| Accounts payable | $9.5M+49.3% | $6.3M+187.4% | $2.2M+3.3% | $2.1M-45.5% | $3.9M+80.8% | $2.2M |
| Current operating lease liabilities | $1.9M+13.0% | $1.7M-15.7% | $2.0M+63.5% | $1.2M+39.7% | $863K | — |
| Contract liabilities, current portion | $7.5M-32.4% | $11.1M | $0 | — | — | — |
| Liability related to revenue interest financing agreement, current portion | $9.6M | $0 | — | — | — | — |
| Short-term borrowings | $5.7M-8.9% | $6.3M | $0 | — | — | — |
| Warrant liability | $0-100.0% | $2.1M+481.6% | $353K | — | — | — |
| Accrued expenses | $45.2M+37.6% | $32.8M+235.3% | $9.8M-0.2% | $9.8M-19.1% | $12.1M+177.1% | $4.4M |
| Total current liabilities | $82.2M+41.2% | $58.2M+316.8% | $14.0M+6.2% | $13.2M-22.2% | $16.9M+158.4% | $6.6M |
| Contract liabilities, net of current portion | $11.3M-27.4% | $15.6M | $0 | — | — | — |
| Non-current operating lease liabilities | $2.5M+162.4% | $969K-52.4% | $2.0M-33.4% | $3.1M+39.3% | $2.2M | — |
| Non-current liability related to revenue interest financing agreement, net of deferred financing costs of $4,241 and $0, respectively | $145.8M | $0 | — | — | — | — |
| Long-term borrowings, net of deferred financing costs of $3,042 and $0, respectively | $47.2M | $0 | — | — | — | — |
| Total liabilities | $289.1M+276.3% | $76.8M+369.6% | $16.4M-4.1% | $17.1M-43.4% | $30.2M+349.5% | $6.7M |
| Class A and Class B common stock and additional paid in capital, $0.0001 par value per share; 1,060,000,000 (Class A 1,000,000,000, Class B 60,000,000) shares authorized as of December 31, 2025 and December 31, 2024, 346,503,675 (Class A 345,503,675, Class B 1,000,000) and 337,837,872 (Class A 336,837,872, Class B 1,000,000) shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $1421273000.00+3.4% | $1373958000.00+45.0% | $947745000.00+2.2% | $927604000.00+101836.2% | $909985.00+214.3% | $289482.00 |
| Accumulated deficit | -$1.12B-22.5% | -$910.7M-165.7% | -$342.8M-28.4% | -$267.0M-64.0% | -$162.8M-114.3% | -$76.0M |
| Accumulated other comprehensive income | -$187K-132.6% | $573K+216.6% | $181K+103.3% | -$5.5M-366.3% | -$1.2M-176.1% | $1.6M |
| Total stockholders' equity | $305.7M-34.1% | $463.8M-23.4% | $605.1M-7.6% | $655.1M-12.2% | $746.0M+246.8% | $215.1M |
| Total liabilities and stockholders' equity | $594.8M+10.0% | $540.6M-13.0% | $621.5M-7.5% | $672.1M-13.4% | $776.2M+249.9% | $221.8M |
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.