| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | $41.3M-18.7% | $50.8M-28.4% | $71.0M-66.3% | $210.5M+250.5% | $60.1M-84.5% | $386.6M |
| Short-term investments | $203.7M-22.6% | $263.2M+67.2% | $157.4M+146.4% | $63.9M | $0 | — |
| Accounts receivable, net | $25.3M+210.1% | $8.2M | $0 | — | — | — |
| Inventories | $8.4M+60.6% | $5.2M | $0 | — | — | — |
| Prepaid expenses and other current assets | $6.2M-10.0% | $6.9M+104.6% | $3.4M+1.4% | $3.3M+397.6% | $667K-83.7% | $4.1M |
| Total current assets | $284.9M-14.8% | $334.3M+44.3% | $231.7M-16.6% | $277.7M+357.3% | $60.7M-84.5% | $390.7M |
| Inventories, noncurrent | $23.1M+334.4% | $5.3M | $0 | — | — | — |
| Property, plant and equipment, net | $2.5M+131.2% | $1.1M+85.7% | $574K+74.5% | $329K+356.9% | $72K-95.6% | $1.6M |
| Intangible assets, net | $14.5M+96.1% | $7.4M | $0 | — | — | — |
| Other assets | $2.8M-10.5% | $3.1M+388.1% | $638K-78.5% | $3.0M+12773.9% | $23K | — |
| Total assets | $327.7M-6.7% | $351.2M+50.6% | $233.2M-17.1% | $281.4M+358.0% | $61.4M-84.4% | $394.8M |
| Accounts payable and accrued liabilities (including related party amounts of $1,624 and $656, respectively) | $37.9M+66.1% | $22.8M+960.4% | $2.2M-56.3% | $4.9M+58.7% | $3.1M | — |
| Contract liability, current | $609K+9.3% | $557K | $0-100.0% | $283K-80.6% | $1.5M | — |
| Other current liabilities | $588K+1300.0% | $42K | — | — | — | — |
| Total current liabilities | $39.1M+67.0% | $23.4M+880.3% | $2.4M-56.1% | $5.4M-33.5% | $8.2M-14.7% | $9.6M |
| Term loans, net (including related party amounts of $4,819 and $0, respectively) | $96.4M | $0 | — | — | — | — |
| Financing liability | $72.1M+4.0% | $69.4M | $0 | — | — | — |
| Contract liability, net of current portion | $1.1M-26.2% | $1.5M | $0-100.0% | $2.9M-4.7% | $3.0M | — |
| Other accrued liabilities | $4.6M | $0 | — | — | — | — |
| Total liabilities | $213.4M+126.2% | $94.4M+3786.1% | $2.4M-71.6% | $8.5M-48.7% | $16.7M+39.8% | $11.9M |
| Preferred Stock, $0.0001 par value per share; 10,000,000 shares authorized at December 31, 2025 and 2024; no shares issued and outstanding at December 31, 2025 and 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Common stock, $0.0001 par value per share; 200,000,000 shares authorized at December 31, 2025 and 2024; 99,290,926 and 97,954,172 shares issued and outstanding at December 31, 2025 and 2024, respectively | $10000.00+0.0% | $10000.00+0.0% | $10000.00+11.1% | $9000.00+200.0% | $3000.00+0.0% | $3000.00 |
| Additional paid-in capital | $408.7M+7.6% | $379.9M+4.9% | $362.0M+3.6% | $349.4M+3081.1% | $11.0M-97.7% | $479.6M |
| Accumulated other comprehensive gain, net | $125K-43.2% | $220K+349.0% | $49K-88.0% | $407K | $0 | $0 |
| Accumulated deficit | -$294.6M-138.9% | -$123.3M+6.1% | -$131.3M-70.7% | -$76.9M-82.1% | -$42.3M+56.3% | -$96.7M |
| Total stockholders' equity | $114.3M-55.5% | $256.8M+11.3% | $230.8M-15.4% | $272.9M+972.7% | -$31.3M-108.2% | $382.9M |
| Total liabilities and stockholders' equity | $327.7M-6.7% | $351.2M+50.6% | $233.2M-17.1% | $281.4M+358.0% | $61.4M-84.4% | $394.8M |
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.