v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 24,284 $ 21,607
Marketable securities 218,151 229,177
Accounts receivable 3,187 2,155
Contract assets   7,490
Prepaid expenses and other current assets 5,756 6,998
Total current assets 251,378 267,427
Long-Term Assets    
Property, plant and equipment, net 84,207 86,318
Right-of-use operating lease assets, net 6,252 6,727
Investments 177,865 86,997
Intangible assets, net 2,159 2,166
Other assets 880 1,059
Loan receivable from equity method investee 4,327 4,398
Total long-term assets 275,690 187,665
Total assets 527,068 455,092
Current Liabilities    
Accounts payable and other accrued liabilities 7,015 8,521
Deferred revenue 1,161 198
Deferred revenue from related parties 75 172
Accrued compensation 6,053 7,043
Operating lease liabilities 913 861
Warrant liabilities 1,990  
Total current liabilities 17,207 16,795
Long-Term Liabilities    
Warrant liabilities   13,881
Operating lease liabilities 6,621 7,129
Other liabilities 1,091 1,113
Total long-term liabilities 7,712 22,123
Total liabilities 24,919 38,918
Mezzanine Equity    
Mezzanine Equity 406 470
Stockholders' Equity    
Common Stock, $0.0001 par value; 2,000,000,000 shares authorized; 227,217,240 and 201,181,175 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 23 20
Additional paid-in capital 814,957 690,234
Accumulated deficit (311,632) (274,904)
Accumulated other comprehensive income (loss) (1,605) 354
Total stockholders' equity 501,743 415,704
Total liabilities, mezzanine equity and stockholders' equity $ 527,068 $ 455,092