| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and cash equivalents | $90.4M-10.7% | $101.2M+49.7% | $67.6M+49.7% | $45.2M |
| Marketable securities | $205.3M-35.6% | $318.8M+12.1% | $284.4M+98.1% | $143.6M |
| Restricted cash, current portion | $658K | $0 | — | — |
| Collaboration receivable | $1.2M-68.0% | $3.7M-37.4% | $5.9M | $0 |
| Prepaid expenses and other current assets | $8.7M-46.7% | $16.4M+37.2% | $11.9M-43.7% | $21.2M |
| Total current assets | $306.3M-30.4% | $440.0M+19.0% | $369.8M+76.2% | $209.9M |
| Property and equipment, net | $7.3M-33.1% | $10.9M-2.4% | $11.2M+45.7% | $7.7M |
| Restricted cash, net of current portion | $3.3M-16.7% | $4.0M+0.0% | $4.0M+0.0% | $4.0M |
| Right-of-use assets, operating leases | $60.5M-15.0% | $71.1M-12.7% | $81.5M+221.6% | $25.3M |
| Other non-current assets | $70K-75.4% | $284K-89.8% | $2.8M-46.4% | $5.2M |
| Total assets | $377.4M-28.3% | $526.3M+12.2% | $469.2M+86.1% | $252.1M |
| Accounts payable | $2.3M-46.3% | $4.3M+30.0% | $3.3M-45.3% | $6.0M |
| Accrued expenses and other current liabilities | $17.7M+32.5% | $13.3M+17.8% | $11.3M+49.5% | $7.6M |
| Income taxes payable | $0-100.0% | $667K-83.4% | $4.0M | $0 |
| Operating lease obligations, current portion | $4.1M-45.3% | $7.6M-4.4% | $7.9M-5.9% | $8.4M |
| Deferred revenue, current portion | $342K-97.5% | $13.7M-89.7% | $132.3M | $0 |
| Total current liabilities | $24.5M-38.1% | $39.5M-75.1% | $158.8M+622.7% | $22.0M |
| Operating lease obligations, net of current portion | $46.8M-9.4% | $51.6M-14.4% | $60.3M+244.1% | $17.5M |
| Deferred revenue, net of current portion | $0-100.0% | $6.5M-15.6% | $7.7M | $0 |
| Total liabilities | $71.2M-27.0% | $97.6M-57.0% | $226.8M+474.2% | $39.5M |
| Common stock, par value $0.0001; 150,000,000 shares authorized; 38,284,221 shares issued and outstanding as of December 31, 2025 and 37,585,944 shares issued and 37,574,538 shares outstanding as of December 31, 2024 | 4K+0.0% | 4K+33.3% | 3K+0.0% | 3K |
| Additional paid‑in capital | $578.6M+3.7% | $558.1M+27.7% | $437.1M+8.5% | $402.9M |
| Accumulated other comprehensive income (loss) | $652K+1616.3% | -$43K-122.1% | $195K+109.5% | -$2.1M |
| Accumulated deficit | -$273.1M-111.1% | -$129.3M+33.7% | -$195.0M-3.6% | -$188.3M |
| Total stockholders’ equity | $306.1M-28.6% | $428.7M+76.9% | $242.4M+14.0% | $212.6M |
| Total liabilities and stockholders’ equity | $377.4M-28.3% | $526.3M+12.2% | $469.2M+86.1% | $252.1M |
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.