v3.26.1
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
Revenue $ 1 $ 0
Cost of revenue 6 0
Research and development 195 182
Selling, general and administrative 44 29
Loss from operations (244) (211)
Other income (expense):    
Change in fair value of derivative liabilities (1) (9)
Other income, net 22 12
Loss before income taxes (223) (208)
Income tax expense 0 0
Net loss $ (223) $ (208)
Basic net loss per share (in usd per share) $ (0.11) $ (0.12)
Diluted net loss per share (in usd per share) $ (0.11) $ (0.12)
Basic weighted-average shares outstanding (in shares) 1,948 1,744
Diluted weighted-average shares outstanding (in shares) 1,948 1,744