v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net loss $ (88,612) $ (64,053)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock-based compensation expense 15,582 10,456
Non-cash interest expense 1,381 1,436
Change in fair value of derivative liabilities (1,455) 978
Depreciation and amortization expense 1,283 981
Loss on disposal of items of property and equipment 4,866  
Changes in operating assets and liabilities:    
Accounts receivable, net 6,303 7,167
Prepaid expenses and other current assets (357) 3,934
Inventory (173) (229)
Accounts payable 3,719 7
Operating lease assets (1,857) 117
Accrued expenses (8,441) (5,145)
Deferred revenue   (64)
Operating lease liabilities 1,768 (256)
Net cash used in operating activities (65,993) (44,671)
Cash flows from investing activities:    
Purchases of property and equipment (4,662) (1,933)
Net cash used in investing activities (4,662) (1,933)
Cash flows from financing activities:    
Proceeds from exercise of stock options 294 4,183
Net cash provided by financing activities 294 4,183
Net (decrease) increase in cash, cash equivalents and restricted cash (70,361) (42,421)
Cash, cash equivalents and restricted cash at beginning of period 738,674 393,716
Cash, cash equivalents and restricted cash at end of period 668,313 351,295
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,189 2,140
Supplemental disclosure of non-cash investing and financing activities:    
Change in right-of-use asset as a result of new, modified, and terminated leases 2,512  
Additions to property and equipment included in accounts payable and accrued expenses $ 1,327 $ 564