v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Convertible Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2024   56,054,893          
Beginning balance at Dec. 31, 2024   $ 1,195,058          
Increase (Decrease) in Temporary Equity [Roll Forward]              
Proceeds from issuance of convertible preferred stock upon exercise of warrants (in shares)   575,295          
Proceeds from issuance of convertible preferred stock upon exercise of warrants   $ 20,000          
Reclassification of warrants liability to convertible preferred stock upon exercise   $ 4,947          
Ending balance (in shares) at Jun. 30, 2025   56,630,188          
Ending balance at Jun. 30, 2025   $ 1,220,005          
Beginning balance (in shares) at Dec. 31, 2024     12,711,902        
Beginning balance at Dec. 31, 2024 $ (987,855)   $ 0 $ 109,447 $ (1,584) $ (1,094,955) $ (763)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Exercise of options (in shares)     223,844        
Exercise of options 2,054     2,054      
Stock-based compensation 9,353     9,353      
Acquisition of noncontrolling interest 0     (763)     763
Other comprehensive income (loss) 10,380       10,380    
Net loss (37,538)         (37,538)  
Ending balance (in shares) at Jun. 30, 2025     12,935,746        
Ending balance at Jun. 30, 2025 (1,003,606)   $ 0 120,091 8,796 (1,132,493) 0
Beginning balance (in shares) at Mar. 31, 2025   56,630,188          
Beginning balance at Mar. 31, 2025   $ 1,220,005          
Ending balance (in shares) at Jun. 30, 2025   56,630,188          
Ending balance at Jun. 30, 2025   $ 1,220,005          
Beginning balance (in shares) at Mar. 31, 2025     12,793,437        
Beginning balance at Mar. 31, 2025 (995,469)   $ 0 114,055 1,748 (1,111,272) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Exercise of options (in shares)     142,309        
Exercise of options 1,374     1,374      
Stock-based compensation 4,662     4,662      
Other comprehensive income (loss) 7,048       7,048    
Net loss (21,221)         (21,221)  
Ending balance (in shares) at Jun. 30, 2025     12,935,746        
Ending balance at Jun. 30, 2025 (1,003,606)   $ 0 120,091 8,796 (1,132,493) 0
Beginning balance (in shares) at Dec. 31, 2025   0          
Beginning balance at Dec. 31, 2025   $ 0          
Ending balance (in shares) at Jun. 30, 2026   0          
Ending balance at Jun. 30, 2026   $ 0          
Beginning balance (in shares) at Dec. 31, 2025 [1]     81,122,858        
Beginning balance at Dec. 31, 2025 $ 627,736   $ 1 [1] 1,811,349 7,702 (1,191,316) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Exercise of options (in shares) 216,149   216,149 [1]        
Exercise of options $ 1,691     1,691      
Vesting of restricted stock units (in shares) [1]     105,349        
Stock-based compensation 31,574     31,574      
Other comprehensive income (loss) (2,987)       (2,987)    
Net loss (39,705)         (39,705)  
Ending balance (in shares) at Jun. 30, 2026 [1]     81,444,356        
Ending balance at Jun. 30, 2026 618,309   $ 1 [1] 1,844,614 4,715 (1,231,021) 0
Beginning balance (in shares) at Mar. 31, 2026   0          
Beginning balance at Mar. 31, 2026   $ 0          
Ending balance (in shares) at Jun. 30, 2026   0          
Ending balance at Jun. 30, 2026   $ 0          
Beginning balance (in shares) at Mar. 31, 2026 [1]     81,261,165        
Beginning balance at Mar. 31, 2026 622,126   $ 1 [1] 1,827,909 5,681 (1,211,465) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Exercise of options (in shares) [1]     97,833        
Exercise of options 695     695      
Vesting of restricted stock units (in shares) [1]     85,358        
Stock-based compensation 16,010     16,010      
Other comprehensive income (loss) (966)       (966)    
Net loss (19,556)         (19,556)  
Ending balance (in shares) at Jun. 30, 2026 [1]     81,444,356        
Ending balance at Jun. 30, 2026 $ 618,309   $ 1 [1] $ 1,844,614 $ 4,715 $ (1,231,021) $ 0
[1] The share amounts listed above combine Class A common stock and Class B common stock. Refer to Note 13 for more information.