v3.25.2
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Common stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Total
Balance at Dec. 31, 2023 $ 11 $ 3,145,837 $ (2,377,436) $ (3,085) $ 765,327
Balance (in shares) at Dec. 31, 2023 119,581        
Issuance of common stock upon exercise of stock options   8,648     8,648
Issuance of common stock upon exercise of stock options (in shares) 1,078        
Issuance of common stock under the employee stock purchase plan   8,862     8,862
Issuance of common stock under the employee stock purchase plan (in shares) 263        
Issuance of common stock for bonus   24,071     24,071
Issuance of common stock for bonus (in shares) 270        
Vesting of restricted stock units $ 1       1
Vesting of restricted stock units (in shares) 2,173        
Stock based compensation   132,947     132,947
Unrealized (loss) gain on available-for sale securities       1,727 1,727
Net loss     (105,063)   (105,063)
Balance at Jun. 30, 2024 $ 12 3,320,365 (2,482,499) (1,358) 836,520
Balance (in shares) at Jun. 30, 2024 123,365        
Balance at Mar. 31, 2024 $ 12 3,241,326 (2,445,035) (2,192) 794,111
Balance (in shares) at Mar. 31, 2024 122,234        
Issuance of common stock upon exercise of stock options   2,182     2,182
Issuance of common stock upon exercise of stock options (in shares) 286        
Issuance of common stock under the employee stock purchase plan   8,862     8,862
Issuance of common stock under the employee stock purchase plan (in shares) 263        
Vesting of restricted stock units (in shares) 582        
Stock based compensation   67,995     67,995
Unrealized (loss) gain on available-for sale securities       834 834
Net loss     (37,464)   (37,464)
Balance at Jun. 30, 2024 $ 12 3,320,365 (2,482,499) (1,358) 836,520
Balance (in shares) at Jun. 30, 2024 123,365        
Balance at Dec. 31, 2024 $ 12 3,763,614 (2,567,862) (344) $ 1,195,420
Balance (in shares) at Dec. 31, 2024 132,646       132,646
Issuance of common stock upon exercise of stock options   884     $ 884
Issuance of common stock upon exercise of stock options (in shares) 69        
Issuance of common stock under the employee stock purchase plan   12,236     12,236
Issuance of common stock under the employee stock purchase plan (in shares) 116        
Issuance of common stock for bonus   32,875     32,875
Issuance of common stock for bonus (in shares) 228        
Vesting of restricted stock units $ 2       2
Vesting of restricted stock units (in shares) 3,698        
Stock based compensation   172,582     172,582
Unrealized (loss) gain on available-for sale securities       57 57
Net loss     (167,874)   (167,874)
Balance at Jun. 30, 2025 $ 14 3,982,191 (2,735,736) (287) $ 1,246,182
Balance (in shares) at Jun. 30, 2025 136,757       136,757
Balance at Mar. 31, 2025 $ 14 3,874,656 (2,634,798) (197) $ 1,239,675
Balance (in shares) at Mar. 31, 2025 135,932        
Issuance of common stock upon exercise of stock options   340     340
Issuance of common stock upon exercise of stock options (in shares) 19        
Issuance of common stock under the employee stock purchase plan   12,236     12,236
Issuance of common stock under the employee stock purchase plan (in shares) 116        
Issuance of common stock for bonus   812     812
Issuance of common stock for bonus (in shares) 6        
Vesting of restricted stock units (in shares) 684        
Stock based compensation   94,147     94,147
Unrealized (loss) gain on available-for sale securities       (90) (90)
Net loss     (100,938)   (100,938)
Balance at Jun. 30, 2025 $ 14 $ 3,982,191 $ (2,735,736) $ (287) $ 1,246,182
Balance (in shares) at Jun. 30, 2025 136,757       136,757