v3.26.1
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Cash flows from operating activities      
Net loss $ (117,504) $ (202,487)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 19,673 19,331  
Stock-based compensation 22,215 36,058  
Asset impairment 0 5,956  
Lease expense 5,243 6,130  
Loss on disposal of a business 0 4,502  
Deferred income taxes (4,597) (419)  
Other, net 1,674 4,824  
Changes in operating assets and liabilities:      
Other receivables and assets 14,746 4,839  
Prepaid data assets 0 27,131  
Unearned revenue (2,248) (9,762)  
Accounts payable 2,070 3,692  
Accrued development expense 730 599  
Accrued expenses and other current liabilities (18,451) (26,591)  
Lease liabilities (4,652) (5,760)  
Net cash used in operating activities (81,101) (131,957)  
Cash flows from investing activities      
Purchases of property and equipment (258) (1,832)  
Purchase of an intangible asset (80) 0  
Decrease in cash related to disposal of a business 0 (4,438)  
Purchases of investments 0 (1,000)  
Net cash used in investing activities (338) (7,270)  
Cash flows from financing activities      
Proceeds from issuance of common shares, net of issuance costs 0 41,024  
Equity incentive plans (1,262) 1,550  
Repayment of long-term debt and finance lease liabilities (2,208) (2,047)  
Net cash provided by (used in) financing activities (3,470) 40,527  
Effect of exchange rate changes on cash, cash equivalents and restricted cash (3,832) 4,833  
Net change in cash, cash equivalents and restricted cash (88,741) (93,867)  
Cash, cash equivalents and restricted cash, beginning of period 753,921 603,024 $ 603,024
Cash, cash equivalents and restricted cash, end of period 665,180 509,157 $ 753,921
Supplemental schedule of non-cash investing and financing activities      
Purchase of an intangible asset 1,915 0  
Accrued property and equipment 0 1,146  
Purchase of an equity investment $ 0 $ 4,438