| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash, cash equivalents and restricted cash | $95.2M+94.0% | $49.1M+62.1% | $30.3M | — | — | — |
| Accounts receivable, net | $37.3M+70.1% | $21.9M-32.4% | $32.4M+21.3% | $26.7M+64.3% | $16.3M+168.5% | $6.1M |
| Contract assets | $44.0M+2.3% | $43.0M+16.5% | $37.0M+19.1% | $31.0M+164.2% | $11.7M+181.6% | $4.2M |
| Inventory, net | $55.8M+2394.3% | $2.2M+47.7% | $1.5M+3.2% | $1.5M+113.5% | $688K+108.5% | $330K |
| Prepaid expenses and other current assets | $20.5M+112.2% | $9.7M+50.4% | $6.4M+13.0% | $5.7M+128.6% | $2.5M+124.3% | $1.1M |
| Total current assets | $252.8M+100.8% | $125.9M+15.2% | $109.3M+13.7% | $96.2M+74.2% | $55.2M+40.5% | $39.3M |
| Property, plant and equipment, net | $49.2M+175.8% | $17.8M+12.1% | $15.9M+24.7% | $12.8M-34.2% | $19.4M+494.2% | $3.3M |
| Right-of-use assets | $31.7M+107.8% | $15.3M+15.9% | $13.2M+0.6% | $13.1M | — | — |
| Intangible assets, net | $336.2M+444.0% | $61.8M-1.9% | $63.0M-5.8% | $66.9M-26.4% | $90.8M+49.0% | $61.0M |
| Goodwill | $779.1M+994.9% | $71.2M+8.2% | $65.8M+1.8% | $64.6M-32.9% | $96.3M+82.7% | $52.7M |
| Other non-current assets | $118K-81.2% | $629K+23.1% | $511K-43.8% | $909K | $0-100.0% | $534K |
| Total assets | $1.45B+395.2% | $292.6M+7.9% | $271.3M+5.3% | $257.7M-1.6% | $261.8M+67.0% | $156.8M |
| Accounts payable | $32.3M+0.5% | $32.1M+73.0% | $18.6M+5.6% | $17.6M+33.9% | $13.1M+83.4% | $7.2M |
| Notes payable to sellers | $2.2M | $0 | — | $1.0M+0.0% | $1.0M-45.3% | $1.8M |
| Short-term debt, including current portion of long-term debt | $5.2M+307.7% | $1.3M-8.1% | $1.4M-46.5% | $2.6M-3.9% | $2.7M+149.9% | $1.1M |
| Short-term operating lease liabilities | $4.1M-6.1% | $4.4M+16.5% | $3.7M+16.3% | $3.2M | — | — |
| Short-term finance lease liabilities | $595K+25.8% | $473K+7.7% | $439K+46.8% | $299K | — | — |
| Accrued expenses | $32.0M+32.4% | $24.2M-26.5% | $32.9M-10.1% | $36.6M+113.7% | $17.1M+129.4% | $7.5M |
| Deferred revenue | $60.1M-10.5% | $67.2M+27.6% | $52.6M+76.6% | $29.8M+89.5% | $15.7M+0.4% | $15.7M |
| Other current liabilities | $19.1M-2.9% | $19.7M+735.3% | $2.4M-35.6% | $3.7M+133.4% | $1.6M+315.6% | $378K |
| Total current liabilities | $155.6M+4.2% | $149.3M+33.3% | $112.0M+18.3% | $94.7M+84.9% | $51.2M+52.7% | $33.6M |
| Long-term debt, net | $80.0M-35.7% | $124.5M+43.3% | $86.8M+16.2% | $74.7M-0.2% | $74.9M-2.3% | $76.6M |
| Long-term operating lease liabilities | $30.5M+126.7% | $13.4M+9.3% | $12.3M-2.9% | $12.7M | — | — |
| Long-term finance lease liabilities | $1.3M+30.2% | $980K-13.8% | $1.1M+96.4% | $579K | — | — |
| Warrant liabilities | $4.2M-92.4% | $55.3M+1562.7% | $3.3M+153.0% | $1.3M-93.1% | $19.1M | $0 |
| Deferred tax liabilities | $38.4M+6490.7% | $582K-75.8% | $2.4M-26.2% | $3.3M-62.2% | $8.6M+16.8% | $7.4M |
| Other non-current liabilities | $2.1M+395.1% | $428K+7.0% | $400K-20.9% | $506K-30.7% | $730K+12066.7% | $6K |
| Total liabilities | $312.1M-9.4% | $344.5M+57.7% | $218.4M+16.3% | $187.8M+21.5% | $154.5M+31.4% | $117.6M |
| Convertible preferred stock, $0.0001 par value, 125,292.00 shares authorized; issued and outstanding: 2025—46,505.13 and 2024—108,649.30. Liquidation preference: 2025—$118,434 and 2024—$599,412 (Note N – Convertible Preferred Stock) | $77.0M-43.7% | $136.8M+42.3% | $96.1M+25.9% | $76.4M | $0 | — |
| Preferred stock, $0.0001 par value, 99,874,708 shares authorized; none issued and outstanding | $0 | $0 | $0 | $0 | $0 | $0 |
| Common stock, $0.0001 par value, 500,000,000 shares authorized; issued and outstanding 2025—191,915,804 and 2024—67,002,370 | $19K+171.4% | $7K+0.0% | $7K+16.7% | $6K+0.0% | $6K+50.0% | $4K |
| Treasury stock, at cost: 2025—1,036,294 shares and 2024—728,739 shares | -$7.3M-105.5% | -$3.6M-275.7% | -$951K-149.6% | -$381K | $0 | — |
| Additional paid-in capital | $1.68B+938.7% | $161.6M-14.2% | $188.3M-4.9% | $198.1M+8.3% | $183.0M+244.9% | $53.1M |
| Accumulated deficit | -$621.8M-78.6% | -$348.1M-48.9% | -$233.8M-13.2% | -$206.5M-172.1% | -$75.9M-428.1% | -$14.4M |
| Accumulated other comprehensive income (loss) | $10.3M+669.4% | $1.3M-53.9% | $2.9M+39.8% | $2.1M+1915.5% | $103K-79.6% | $506K |
| Total shareholders’ equity (deficit) | $1.06B+661.7% | -$188.7M-333.7% | -$43.5M-549.3% | -$6.7M-106.2% | $107.2M+173.6% | $39.2M |
| Total liabilities, convertible preferred stock and equity (deficit) | $1.45B+395.2% | $292.6M+7.9% | $271.3M+5.3% | $257.7M-1.6% | $261.8M+67.0% | $156.8M |
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.