v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN REDEEMABLE NONCONTROLLING INTEREST AND STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Treasury Stock
Beginning balance (in shares) at Dec. 31, 2024   361,432,449      
Beginning balance (in shares) at Dec. 31, 2024         (10,648,632)
Beginning balance at Dec. 31, 2024 $ 681,953 $ 361 $ 863,015 $ (181,412) $ (11)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common shares, net of offering costs - At-the-market offering (in shares)   23,334,701      
Issuance of common shares, net of offering costs - At-the-market offering 85,665 $ 23 85,642    
Treasury stock reissued for PIPE Investment 50,000   49,990   $ 10
Treasury stock reissued for PIPE Investment (in shares)         10,438,413
Delivery of common stock underlying restricted stock units and performance stock units, net of shares settled for tax withholding settlement (in shares)   3,356,438     1,154,823
Delivery of common stock underlying restricted stock units and performance stock units, net of shares settled for tax withholding settlement (4,316) $ 4 (4,319)   $ (1)
Share-based compensation 20,358   20,358    
Net loss (84,756)     (84,756)  
Ending balance (in shares) at Jun. 30, 2025   388,123,588      
Ending balance (in shares) at Jun. 30, 2025         (1,365,042)
Ending balance at Jun. 30, 2025 748,904 $ 388 1,014,686 (266,168) $ (2)
Redeemable noncontrolling interest, beginning balance at Dec. 31, 2024 0        
Redeemable noncontrolling interest, ending balance at Jun. 30, 2025 0        
Beginning balance (in shares) at Mar. 31, 2025   371,313,598      
Beginning balance (in shares) at Mar. 31, 2025         (455,899)
Beginning balance at Mar. 31, 2025 734,795 $ 371 954,812 (220,387) $ (1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common shares, net of offering costs - At-the-market offering (in shares)   14,185,254      
Issuance of common shares, net of offering costs - At-the-market offering 51,486 $ 14 51,472    
Delivery of common stock underlying restricted stock units and performance stock units, net of shares settled for tax withholding settlement (in shares)   2,624,736     909,143
Delivery of common stock underlying restricted stock units and performance stock units, net of shares settled for tax withholding settlement (3,173) $ 3 (3,175)   $ (1)
Share-based compensation 11,577   11,577    
Net loss (45,781)     (45,781)  
Ending balance (in shares) at Jun. 30, 2025   388,123,588      
Ending balance (in shares) at Jun. 30, 2025         (1,365,042)
Ending balance at Jun. 30, 2025 748,904 $ 388 1,014,686 (266,168) $ (2)
Redeemable noncontrolling interest, beginning balance at Mar. 31, 2025 0        
Redeemable noncontrolling interest, ending balance at Jun. 30, 2025 $ 0        
Beginning balance (in shares) at Dec. 31, 2025 412,074,529 412,074,529      
Beginning balance (in shares) at Dec. 31, 2025 (7,111,468)       (7,111,468)
Beginning balance at Dec. 31, 2025 $ 805,535 $ 412 1,808,786 (1,003,656) $ (7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common shares, net of offering costs - At-the-market offering (in shares)   5,496,993      
Issuance of common shares, net of offering costs - At-the-market offering 129,193 $ 6 129,187    
Delivery of common stock underlying restricted stock units and performance stock units, net of shares settled for tax withholding settlement (in shares)   6,003,847     2,210,337
Delivery of common stock underlying restricted stock units and performance stock units, net of shares settled for tax withholding settlement (47,693) $ 6 (47,697)   $ (2)
Share-based compensation 56,867   56,867    
Net loss $ (381,845)     (381,845)  
Ending balance (in shares) at Jun. 30, 2026 423,575,369 423,575,369      
Ending balance (in shares) at Jun. 30, 2026 (9,321,805)       (9,321,805)
Ending balance at Jun. 30, 2026 $ 562,057 $ 424 1,947,143 (1,385,501) $ (9)
Redeemable noncontrolling interest, beginning balance at Dec. 31, 2025 30,319        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Distributions to non-controlling interest (4,640)        
Redeemable noncontrolling interest, ending balance at Jun. 30, 2026 25,679        
Beginning balance (in shares) at Mar. 31, 2026   412,612,619      
Beginning balance (in shares) at Mar. 31, 2026         (7,346,254)
Beginning balance at Mar. 31, 2026 714,187 $ 413 1,831,753 (1,117,972) $ (7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common shares, net of offering costs - At-the-market offering (in shares)   5,496,993      
Issuance of common shares, net of offering costs - At-the-market offering 129,192 $ 5 129,187    
Delivery of common stock underlying restricted stock units and performance stock units, net of shares settled for tax withholding settlement (in shares)   5,465,757     1,975,551
Delivery of common stock underlying restricted stock units and performance stock units, net of shares settled for tax withholding settlement (43,912) $ 6 (43,916)   $ (2)
Share-based compensation 30,119   30,119    
Net loss $ (267,529)     (267,529)  
Ending balance (in shares) at Jun. 30, 2026 423,575,369 423,575,369      
Ending balance (in shares) at Jun. 30, 2026 (9,321,805)       (9,321,805)
Ending balance at Jun. 30, 2026 $ 562,057 $ 424 $ 1,947,143 $ (1,385,501) $ (9)
Redeemable noncontrolling interest, beginning balance at Mar. 31, 2026 25,679        
Redeemable noncontrolling interest, ending balance at Jun. 30, 2026 $ 25,679