| Line item | 2025-12-31 FY | 2024-12-31 FY | 2023-12-31 FY |
|---|---|---|---|
| Revenue | – | $0.00 | $50.00M |
| Cost of Revenue | – | – | – |
| Gross Profit | – | – | – |
| Operating Expenses | $68.06M | $50.89M | $33.92M |
| R&D | $51.52M | $38.42M | $27.60M |
| SG&A | $16.54M | $12.47M | $6.32M |
| Operating Income | -$68.06M | -$50.89M | $16.08M |
| Interest Expense | – | – | – |
| Tax Expense | $0.00 | $0.00 | $450.00K |
| Net Income | -$59.98M | -$42.26M | $22.72M |
| EPS (basic) | -2.1700 | -2.1800 | 1.3600 |
| EPS (diluted) | -2.1700 | -2.1800 | 0.0800 |
| Shares (diluted) | $27.70M | $19.35M | $3.40M |