v3.26.1
Balance Sheet Components (Tables)
3 Months Ended
Mar. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Prepaid and Other Current Assets
Prepaid and other current assets are summarized as follows:
As of
March 31, 2026
(unaudited)
December 31, 2025
Prepaid expense$5,670 $18,853 
Accrued interest receivable9,710 4,976 
Other1,669 1,969 
Total prepaid and other current assets$17,049 $25,798 
Schedule of Property, Plant and Equipment, Net
Property, plant and equipment, net are summarized as follows:
As of
Estimates Useful Lives (Years)March 31, 2026
(unaudited)
December 31, 2025
Computers and equipment
3 - 7
$366 $366 
Furniture, fixtures and machinery7665 483 
Software31,405 1,405 
Leasehold improvements*62 62 
LandN/A5,145 5,145 
Total property and equipment, gross7,643 7,461 
Less: accumulated depreciation and amortization(1,060)(897)
Construction in progress and equipment deposits89,032 35,748 
Total property, plant and equipment, net$95,615 $42,312 
* Shorter of lease term or estimated useful life of the asset.
Schedule of Other Assets
Other assets are summarized as follows:
As of
March 31, 2026
(unaudited)
December 31, 2025
Other$212 $217 
Other investments17,086 12,086 
Total other assets$17,298 $12,303 
Schedule of Accrued Expenses and Other
Accrued expenses and other are summarized as follows:
As of
March 31, 2026
(unaudited)
December 31, 2025
Accrued professional fees$1,621 $1,838 
Accrued payroll and bonuses4,769 10,998 
General accrued expenses13,950 7,210 
Other current liabilities1,556 451 
Total accrued expenses and other$21,896 $20,497