| Schedule of Revenue By Geographic Area Based On Sales Location |
The disaggregation of the Company’s revenue by geographic area based on the sales location where the sales originated was as follows (in thousands): | | | | | | | | | | | | | Three Months Ended March 31, | | 2026 | | 2025 | North America(1) | $ | 232,795 | | | $ | 222,898 | | Middle East(2) | 42,249 | | | 7,814 | | Other international | 7,421 | | | 4,336 | | Total revenue | $ | 282,465 | | | $ | 235,048 | |
(1) United States revenue was $225.3 million and $218.4 million for the three months ended March 31, 2026 and 2025, respectively. (2) Kingdom of Saudi Arabia revenue was $41.9 million and $7.5 million for the three months ended March 31, 2026 and 2025, respectively.
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| Schedule of Segment Revenue, Segment Profit or Loss, and Significant Segment Expenses |
The following table included information about reported segment revenue, segment profit or loss, and significant segment expenses (in thousands): | | | | | | | | | | | | | Three Months Ended March 31, | | 2026 | | 2025 | Revenue | $ | 282,465 | | | $ | 235,048 | | Less: | | | | Cost of revenue - excluding LCNRV and provision for warranty | (337,206) | | | (299,612) | | | Cost of revenue - LCNRV | (237,853) | | | (151,636) | | Cost of revenue - provision for warranty | (19,111) | | | (12,312) | | Research and development expenses | (335,670) | | | (251,246) | | Selling, general, and administrative expenses | (304,176) | | | (212,175) | | Workforce reduction charges | (37,934) | | | — | | Change in fair value of common stock warrant liability | — | | | 12,861 | | Change in fair value of equity securities | (10,221) | | | (13,453) | | Change in fair value of derivative liabilities associated with redeemable convertible preferred stock (related party) | 7,375 | | | 281,700 | | Interest income | 13,104 | | | 52,209 | | Interest expense | (41,073) | | | (11,883) | | | Other income (expense), net | (7,867) | | | 2,965 | | | Benefit from (provision for) income taxes | (177) | | | 1,363 | | Segment net loss | (1,028,344) | | | (366,171) | | Consolidated net loss | $ | (1,028,344) | | | $ | (366,171) | |
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| Schedule of Long-Lived Assets by Geographic Areas |
The long-lived assets by geographic area were as follows (in thousands): | | | | | | | | | | | | | March 31,
2026 | | December 31,
2025 | | United States | $ | 3,432,868 | | | $ | 3,487,142 | | Foreign(1) | 854,318 | | | 732,964 | | | Total long-lived assets | $ | 4,287,186 | | | $ | 4,220,106 | |
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