| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and cash equivalents | $29.5M-77.1% | $128.8M+50.3% | $85.7M-19.7% | $106.6M |
| Short-term investments | $170.1M+27.2% | $133.7M-45.8% | $246.8M-12.9% | $283.5M |
| Accounts receivable | $4.8M+403.5% | $950K | — | — |
| Inventories | $5.2M+2331.1% | $212K-62.0% | $558K+45.7% | $383K |
| Prepaid expenses and other assets | $6.7M-49.2% | $13.2M+12.7% | $11.7M+208.9% | $3.8M |
| Total current assets | $216.3M-21.9% | $276.9M-20.6% | $348.6M-12.1% | $396.6M |
| Property and equipment, net | $28.9M-24.4% | $38.2M+0.5% | $38.0M+36.8% | $27.8M |
| Goodwill | $13.3M | $0 | — | — |
| Intangible assets, net | $2.8M+130.8% | $1.2M-9.5% | $1.3M-8.7% | $1.5M |
| Right-of-use assets, net | $7.6M-23.1% | $9.9M-24.2% | $13.1M+15.3% | $11.4M |
| Deferred tax assets | $1.5M+13.9% | $1.3M+26.3% | $1.1M | — |
| Other assets, non-current | $2.3M+1.2% | $2.2M-52.6% | $4.7M+47.3% | $3.2M |
| Total assets | $272.6M-17.3% | $329.8M-18.9% | $406.8M-7.6% | $440.4M |
| Accounts payable | $5.7M+199.5% | $1.9M-60.6% | $4.8M-21.9% | $6.2M |
| Operating lease liabilities | $2.3M-11.1% | $2.6M+7.5% | $2.4M+26.6% | $1.9M |
| Deferred consideration, current | $1.1M | — | — | — |
| Accrued expenses and other liabilities | $15.1M-17.8% | $18.3M+39.7% | $13.1M+16.4% | $11.3M |
| Total current liabilities | $24.2M+5.9% | $22.8M+12.1% | $20.4M+5.2% | $19.4M |
| Sponsor Earn-Out liabilities | $7.8M-17.7% | $9.5M+127.4% | $4.2M-62.0% | $11.0M |
| Operating lease liabilities, non-current | $5.8M-27.1% | $8.0M-29.5% | $11.3M+11.3% | $10.2M |
| Unearned government grant | $9.0M+5.1% | $8.6M-7.2% | $9.3M+39.3% | $6.7M |
| Deferred consideration, non-current | $7.7M | — | — | — |
| Other liabilities, non-current | $3.4M+30.8% | $2.6M-5.4% | $2.8M+56.4% | $1.8M |
| Total liabilities | $57.9M+12.5% | $51.5M+7.6% | $47.9M-2.1% | $48.9M |
| Common stock: Class A shares, $0.0001 par value, 2,100,000,000 shares authorized; 321,551,078 and 317,676,034 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively; ; Class B shares, $0.0001 par value, 200,000,000 shares authorized; 43,881,251 shares issued and outstanding as of December 31, 2025 and December 31, 2024 | $37K+2.8% | $36K+2.9% | $35K+0.0% | $35K |
| Additional paid-in capital | $588.4M+1.5% | $579.4M+3.6% | $559.2M+3.9% | $538.0M |
| Accumulated deficit | -$371.9M-24.4% | -$298.9M-50.4% | -$198.7M-36.8% | -$145.3M |
| Accumulated other comprehensive loss | -$1.7M+22.7% | -$2.2M-38.4% | -$1.6M-28.9% | -$1.3M |
| Total stockholders' equity | $214.8M-22.8% | $278.3M-22.5% | $358.9M-8.3% | $391.5M |
| Total liabilities and stockholders' equity | $272.6M-17.3% | $329.8M-18.9% | $406.8M-7.6% | $440.4M |
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.