| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | $156.7M+899.1% | $15.7M-78.6% | $73.4M+14.9% | $63.9M | — | — |
| Debt securities available for sale | $13.6M | $0-100.0% | $48.2M-51.1% | $98.6M-41.1% | $167.4M | $0 |
| Restricted cash - current | $2.0M-88.1% | $16.7M-35.2% | $25.7M | — | $141.9M | $0 |
| Accounts receivable, net | $2.0M | $0 | — | — | — | — |
| Inventory | $9.4M+15.9% | $8.1M+68.8% | $4.8M | — | — | — |
| Prepaid expenses and other current assets | $14.3M+6.4% | $13.5M+28.0% | $10.5M+115.5% | $4.9M+80.1% | $2.7M+508.1% | $446K |
| Total current assets | $198.0M+267.4% | $53.9M-66.9% | $162.6M-31.1% | $236.2M-31.6% | $345.3M+431.8% | $64.9M |
| Restricted cash - noncurrent | $9.4M+2.0% | $9.2M-95.5% | $203.4M | — | $88.6M-66.7% | $266.1M |
| Operating lease right-of-use assets | $54.2M-4.6% | $56.8M+90.7% | $29.8M+55.7% | $19.1M | — | — |
| Property, plant and equipment, net | $657.8M-2.4% | $674.1M+5.5% | $638.7M+26.3% | $505.7M+124.6% | $225.2M+204.1% | $74.1M |
| Prepaid expenses and other noncurrent assets | $3.3M-24.7% | $4.4M-7.8% | $4.8M-13.0% | $5.5M-0.9% | $5.5M+91.5% | $2.9M |
| TOTAL ASSETS | $922.7M+15.6% | $798.4M-23.2% | $1.04B+20.7% | $861.3M+29.6% | $664.7M+62.9% | $408.0M |
| Accounts payable | $9.2M+40.2% | $6.6M+128.9% | $2.9M+72.8% | $1.7M+19.0% | $1.4M+32.4% | $1.1M |
| Accrued expenses and other current liabilities | $42.8M-1.0% | $43.3M+22.2% | $35.4M+0.8% | $35.1M-1.2% | $35.5M+31.9% | $26.9M |
| Accrued interest | $7.8M+2.3% | $7.6M-6.9% | $8.2M+434.6% | $1.5M+0.0% | $1.5M-69.1% | $5.0M |
| Current portion of warrant liability | $13.7M+35.3% | $10.1M | $0 | — | — | — |
| Total current liabilities | $87.6M-3.6% | $90.9M+63.4% | $55.6M+45.2% | $38.3M-0.4% | $38.5M+16.3% | $33.1M |
| Deferred revenue | $5.0M+0.0% | $5.0M+0.0% | $5.0M+0.0% | $5.0M+0.0% | $5.0M | $0 |
| Warrant liability, less current portion | $45.1M-62.4% | $120.1M+444.4% | $22.1M-60.5% | $55.9M+814.2% | $6.1M | $0 |
| Operating lease right-of-use liabilities | $52.4M-4.2% | $54.7M+100.6% | $27.3M+64.0% | $16.6M | — | — |
| Series A Preferred Stock liability | $29.6M+60.6% | $18.4M | $0 | — | — | — |
| Other noncurrent liabilities | $2.7M-50.9% | $5.5M+204.5% | $1.8M+59.4% | $1.1M+6.3% | $1.1M+6.9% | $1.0M |
| TOTAL LIABILITIES | $572.1M-7.4% | $617.9M-0.2% | $619.1M+76.7% | $350.5M+23.8% | $283.1M-4.4% | $296.2M |
| Series B Convertible Perpetual Preferred Stock - $0.001 par value, 300 and no shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $304.7M | $0 | — | — | — | — |
| Common Stock - $0.001 par value, 450,000 shares authorized; 180,281 and 173,566 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $180K+3.4% | $174K+6.1% | $164K+0.0% | $164K+28.1% | $128K | $0 |
| Additional paid-in capital | $862.0M+5.9% | $813.6M+6.4% | $764.3M+1.4% | $753.9M+39.8% | $539.4M+180.4% | $192.4M |
| Accumulated other comprehensive (loss)/income | -$305K-491.0% | $78K+343.8% | -$32K+95.0% | -$641K-170.5% | -$237K | $0 |
| Accumulated deficit | -$815.9M-28.8% | -$633.4M-84.0% | -$344.2M-41.9% | -$242.5M-53.7% | -$157.8M-95.5% | -$80.7M |
| TOTAL STOCKHOLDERS' EQUITY | $45.9M-74.6% | $180.4M-57.1% | $420.2M-17.7% | $510.9M+33.9% | $381.5M+241.4% | $111.7M |
| TOTAL LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS' EQUITY | $922.7M+15.6% | $798.4M-23.2% | $1.04B+20.7% | $861.3M+29.6% | $664.7M+62.9% | $408.0M |
| Long-term debt | ||||||
| Current portion of long-term debt | $7.6M-26.9% | $10.4M | $0 | $0 | — | — |
| Long-term debt, less current portion | $86.3M | $0-100.0% | $39.7M | $0 | — | — |
| Related Party | ||||||
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.