| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue (2025 - $23,921; 2024 - $4,225; 2023 - $16,897 from related party) | $31.5M-15.0% | $37.0M+62.4% | $22.8M+93.2% | $11.8M+312.4% | $2.9M+377.0% | $600K |
| Cost of sales | -$20.0M-306.1% | -$4.9M+74.0% | -$19.0M-159.1% | -$7.3M-313.4% | -$1.8M-398.6% | -$355K |
| Gross margin | $11.4M-64.4% | $32.1M+734.2% | $3.8M-14.2% | $4.5M+310.9% | $1.1M+345.7% | $245K |
| Research and development expenses | $45.5M-2.7% | $46.8M-70.0% | $156.1M+22.2% | $127.7M+35.3% | $94.4M-0.9% | $95.3M |
| General and administrative expenses | $609.8M+703.4% | $75.9M+16.0% | $65.4M+18.3% | $55.3M+42.8% | $38.7M+4.2% | $37.2M |
| Other expenses (2025 - $0; 2024 - $767; 2023 - $32,875 from related party) | $45.6M-5.1% | $48.1M-17.0% | $58.0M+12.5% | $51.5M+21.8% | $42.3M+58.7% | $26.6M |
| Loss from operations | -$689.6M-397.1% | -$138.7M+49.7% | -$275.6M-19.8% | -$230.0M-32.0% | -$174.3M-9.7% | -$158.8M |
| Sponsored cost share | $149K-97.8% | $6.9M-88.7% | $61.0M-15.8% | $72.5M-1.4% | $73.5M+3.4% | $71.1M |
| Change in fair value of warrant liabilities | $0+100.0% | -$223.0M-1043.8% | $23.6M+94.5% | $12.1M | $0 | $0 |
| Investment income | $25.3M+201.6% | $8.4M-22.3% | $10.8M+187.0% | $3.8M | — | — |
| Loss before income taxes | -$664.1M-91.7% | -$346.5M-92.4% | -$180.1M-27.2% | -$141.6M-38.1% | -$102.5M-16.0% | -$88.4M |
| Foreign income taxes | $342K-82.3% | $1.9M | $0 | $0 | — | — |
| Net loss | -$664.5M-90.7% | -$348.4M-93.4% | -$180.1M-27.2% | -$141.6M-38.1% | -$102.5M-16.0% | -$88.4M |
| Net loss attributable to noncontrolling interests | -$308.7M-45.8% | -$211.8M-73.9% | -$121.8M-44.1% | -$84.5M | $0 | $0 |
| Net Loss Attributable to Class A Common Stockholders | -$355.8M-160.4% | -$136.6M-134.1% | -$58.4M-125.2% | -$25.9M+74.7% | -$102.5M-16.0% | -$88.4M |
| Basic (usd per share) | -$2170.00-47.6% | -$1470.00-83.8% | -$800.00-56.9% | -$510.00 | $0.00 | $0.00 |
| Diluted (usd per share) | -$2170.00-47.6% | -$1470.00-83.8% | -$800.00-56.9% | -$510.00 | $0.00 | $0.00 |
| Basic (shares) | $163.73B+75.6% | $93.25B+27.1% | $73.39B+44.6% | $50.76B | $0 | $0 |
| Diluted (shares) | $163.73B+75.6% | $93.25B+27.1% | $73.39B+44.6% | $50.76B | $0 | $0 |
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.