v3.26.1
SEGMENT INFORMATION - Schedule of Reportable Segment’s Expenses and Net Loss (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended 6 Months Ended
Sep. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]          
Revenue   $ 883 $ 1,567 $ 1,603 $ 2,720
Less:          
Cost of revenue   (797) (1,439) (1,445) (2,493)
Stock-based compensation   (119) (13) (239) (27)
Interest expense   (29) (36) (52) (69)
NET LOSS   (162) (29) (335) (114)
Chief Executive Officer          
Less:          
Cash award $ 15        
Reportable Segment          
Segment Reporting [Line Items]          
Revenue   883 1,567 1,603 2,720
Less:          
Cost of revenue   (797) (1,439) (1,445) (2,493)
Direct selling costs   (29) (43) (52) (72)
Holding Costs   (11) (23) (23) (40)
Advertising and other marketing expense   (5) (7) (24) (31)
Operations   (14) (15) (26) (31)
Fixed operating expense   (35) (31) (68) (70)
CEO make-whole provision   (4) 0 (9) 0
Interest expense   (29) (36) (52) (69)
Interest income   8 9 18 14
Other   (10) 2 (18) (15)
NET LOSS   (162) (29) (335) (114)
Excluding Market Condition RSUs | Reportable Segment          
Less:          
Stock-based compensation   (19) (13) (34) (27)
Market Condition RSUs          
Less:          
Stock-based compensation   (100) 0 (205) 0
Market Condition RSUs | Reportable Segment          
Less:          
Stock-based compensation   $ (100) $ 0 $ (205) $ 0
RSUs | Chief Executive Officer          
Less:          
Grant date fair value $ 15        
Vesting period 9 months