v3.25.4
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Digital asset, fair value $ 101,408,000 $ 76,362,000
Debt, current, fair value $ 18,962,000 $ 0
Preferred stock, shares authorized (in shares)   115,983,447
Preferred stock, shares issued (in shares) 0 111,900,495
Preferred stock, shares outstanding (in shares) 0 111,900,495
Preferred stock, par value (in dollars per share)   $ 0.00001
Liquidation preference   $ 528,566,000
Common stock, shares authorized (in shares)   240,820,153
Common stock, par value per share (in USD per share)   $ 0.00001
Common stock, shares issued (in shares)   69,300,284
Common stock, shares outstanding (in shares)   69,300,284
Convertible Preferred Stock    
Preferred stock, shares authorized (in shares) 0 115,983,447
Preferred stock, shares issued (in shares) 0 111,900,495
Preferred stock, shares outstanding (in shares) 0 111,900,495
Preferred stock, par value (in dollars per share)   $ 0.00001
Liquidation preference   $ 528,566,000
Common Stock    
Common stock, shares authorized (in shares) 0 240,820,153
Common stock, par value per share (in USD per share)   $ 0.00001
Common stock, shares issued (in shares) 0 69,300,284
Common stock, shares outstanding (in shares) 0 69,300,284
Convertible Preferred Stock    
Preferred stock, shares authorized (in shares) 100,000,000  
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0
Preferred stock, par value (in dollars per share) $ 0.0001  
Common Class A    
Common stock, shares authorized (in shares) 1,000,000,000 0
Common stock, par value per share (in USD per share) $ 0.0001  
Common stock, shares issued (in shares) 174,853,649 0
Common stock, shares outstanding (in shares) 174,853,649 0
Common Class B    
Common stock, shares authorized (in shares) 200,000,000 0
Common stock, par value per share (in USD per share) $ 0.0001  
Common stock, shares issued (in shares) 37,893,047 0
Common stock, shares outstanding (in shares) 37,893,047 0
Blockchain Common Stock    
Common stock, shares authorized (in shares) 500,000,000 0
Common stock, par value per share (in USD per share) $ 0.0001  
Common stock, shares issued (in shares) 0 0
Common stock, shares outstanding (in shares) 0 0