v3.26.1
Subsequent Events
3 Months Ended
Mar. 31, 2026
Subsequent Event [Line Items]  
Subsequent Events
17. Subsequent Events
The Company has evaluated subsequent events through the date the condensed consolidated financial statements were issued for
disclosure
or recognition within these financial statements and no items requiring disclosures were identified except for the events identified below.
Lease Amendment
In April 2026, the Company executed an amendment to its operating lease for its Louisville, Colorado facility. The amendment increases the leased premises by approximately 68,000 square feet and extends the lease expiration date from March 31, 2030 to August 31, 2037.
Incremental lease payments associated with the amendment total approximately $25 
million over the extended term. The Company is currently evaluating the impact of the amendment on the condensed consolidated financial statements.
As this amendment occurred after March 31, 2026, the Company has not recorded any related
 
right-of-use
 
assets or lease liabilities in the accompanying condensed consolidated financial statements.
 
Earnout Trigger for Founder Shares
In April 2026, the market-based vesting condition associated with 1,500,000 unvested Founder Shares was satisfied, as the volume weighted average price of the Company’s Common Stock met or exceeded $12.00 per share for the requisite trading period. Accordingly, these Founder Shares vested in full subsequent to period end.
Upon vesting, the Founder Shares are no longer subject to forfeiture and are considered outstanding for purposes of calculating loss per share.