| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and cash equivalents | $67.4M+48.0% | $45.5M-10.7% | $51.0M-58.5% | $122.9M |
| Restricted cash, current | $1.5M+103.2% | $722K+30.8% | $552K+114.8% | $257K |
| Short-term investments | $141.2M+11.6% | $126.5M-9.1% | $139.2M | $0 |
| Accounts receivable, net | $27.8M+54.7% | $17.9M+23.1% | $14.6M+29.8% | $11.2M |
| Inventory | $23.6M+43.5% | $16.4M-29.3% | $23.2M+18.9% | $19.5M |
| Prepaid expenses and other current assets | $17.5M+37.4% | $12.8M-63.2% | $34.6M+305.6% | $8.5M |
| Total current assets | $278.9M+26.9% | $219.9M-16.5% | $263.2M+61.9% | $162.5M |
| Property and equipment, net | $31.9M+213.8% | $10.2M-0.6% | $10.2M+5.5% | $9.7M |
| Operating lease, right-of-use assets | $13.5M-6.0% | $14.3M-22.9% | $18.6M+42.8% | $13.0M |
| Unbilled receivable, non-current portion | $8.6M-15.5% | $10.1M-4.1% | $10.6M | $0 |
| Intangible assets, net | $13.3M-25.3% | $17.8M-27.0% | $24.4M+34.5% | $18.2M |
| Restricted cash, non-current | $1.1M-40.1% | $1.8M+68.2% | $1.1M+0.2% | $1.1M |
| Other non-current assets | $2.3M+14.0% | $2.0M-25.0% | $2.7M+399.6% | $541K |
| Total assets | $349.5M+26.6% | $276.1M-16.5% | $330.7M+29.1% | $256.1M |
| Accounts payable | $20.0M+217.8% | $6.3M+77.4% | $3.5M-59.7% | $8.8M |
| Accrued and other current liabilities | $26.2M-14.4% | $30.6M-47.4% | $58.2M+240.7% | $17.1M |
| Contract liabilities, current | $20.7M-39.7% | $34.4M+166.6% | $12.9M+3105.2% | $402K |
| Operating lease liability, current portion | $4.1M-42.4% | $7.2M+1.4% | $7.1M+120.3% | $3.2M |
| Total current liabilities | $71.0M-9.4% | $78.4M-4.0% | $81.7M+177.0% | $29.5M |
| Operating lease liability, non-current portion | $12.9M-0.9% | $13.1M-30.7% | $18.8M+40.5% | $13.4M |
| Contract liabilities, non-current portion | $3.1M+22.4% | $2.5M-48.9% | $5.0M+1352.3% | $342K |
| Other non-current liabilities | $703K-42.3% | $1.2M-24.3% | $1.6M-5.8% | $1.7M |
| Total liabilities | $87.8M-7.8% | $95.2M-37.0% | $151.1M+78.7% | $84.5M |
| Common stock, $0.0001 par value; 100,000,000 shares authorized at December 31, 2025 and 2024; 60,947,757 and 52,560,770 issued and outstanding at December 31, 2025 and 2024, respectively | $48K+2.1% | $47K+11.9% | $42K+121.1% | $19K |
| Additional paid-in capital | $1.24B+12.8% | $1.09B+10.0% | $995.5M+62.2% | $613.7M |
| Accumulated deficit | -$973.4M-6.6% | -$913.1M-11.9% | -$816.0M-84.7% | -$441.9M |
| Accumulated other comprehensive (loss) income | -$442K+55.9% | -$1.0M-622.4% | $192K+228.9% | -$149K |
| Total stockholders’ equity | $261.7M+44.7% | $180.9M+0.7% | $179.7M+4.7% | $171.6M |
| Total liabilities and stockholders’ equity | $349.5M+26.6% | $276.1M-16.5% | $330.7M+29.1% | $256.1M |
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.