Accounts receivable, net of allowance for credit loss of nil
8,323
Inventory
5,710
Prepaid expenses and other current assets
8,925
Marketable securities
450,148
Interest receivable on marketable securities
5,527
Total current assets
577,530
Property and equipment, net of accumulated depreciation of 1,110 and 874, respectively
560
Intangible assets, net of accumulated amortization of 1,390 and 448, respectively
11,680
Operating lease right-of-use assets
4,329
Other non-current assets
7,462
Total assets
601,561
Accounts payable
15,360
Current operating lease liabilities
1,871
Contract liabilities, current portion
6,721
Liability related to revenue interest financing agreement
5,982
Short-term borrowings
5,618
Accrued expenses
32,579
Total current liabilities
68,131
Warrant liability
1,738
Contract liabilities, net of current portion
11,130
Non-current operating lease liabilities
2,970
Non-current liability related to revenue interest financing agreement, net of current portion and deferred financing costs of 4,450 and 0 as of september 30, 2025 and december 31, 2024
144,621
Long-term borrowings, net of current portion and deferred financing costs of 3,161 and 0 as of september 30, 2025 and december 31, 2024
47,089
Total liabilities
275,679
Class a and class b common stock and additional paid in capital, 0.0001 par value per share 1,060,000,000 (class a 1,000,000,000, class b 60,000,000) shares authorized as of september 30, 2025 and december 31, 2024 respectively, 342,752,387 (class a 341,755,387, class b 1,000,000) and 337,837,872 (class a 336,837,872, class b 1,000,000) shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively
1,404,799
Accumulated deficit
-1,078,778
Accumulated other comprehensive (loss) income
-139
Total stockholders' equity
325,882
Total liabilities and stockholders' equity
601,561
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.
Time Plot
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