v3.26.1
Condensed Consolidated Statements of Stockholders' (Deficit) Equity (Unaudited) - USD ($)
$ in Thousands
Total
Public Offering [Member]
Common Stock [Member]
Common Stock [Member]
Public Offering [Member]
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
Public Offering [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Deficit [Member]
Beginning Balance at Dec. 31, 2024 $ (135,372)   $ 118   $ 2,563,876   $ 2,398 $ (2,701,764)
Beginning Balance, shares at Dec. 31, 2024     118,209,139          
Exercise of stock options, value 7,651       7,651      
Exercise of stock options, shares     351,985          
Vesting of restricted stock units, net of taxes withheld, value (12)   $ 1   (13)      
Vesting of restricted stock units, net of taxes withheld, shares     659,179          
Stock-based compensation 23,549       23,549      
Unrealized loss on available-for-sale securities, net (541)           (541)  
Foreign currency translation adjustments (312)           (312)  
Net loss (161,376)             (161,376)
Ending Balance at Mar. 31, 2025 (266,413)   $ 119   2,595,063   1,545 (2,863,140)
Ending Balance, shares at Mar. 31, 2025     119,220,303          
Beginning Balance at Dec. 31, 2024 (135,372)   $ 118   2,563,876   2,398 (2,701,764)
Beginning Balance, shares at Dec. 31, 2024     118,209,139          
Unrealized loss on available-for-sale securities, net (1,392)              
Foreign currency translation adjustments (1,164)              
Net loss (295,746)              
Ending Balance at Jun. 30, 2025 (368,720)   $ 119   2,628,829   (158) (2,997,510)
Ending Balance, shares at Jun. 30, 2025     119,603,552          
Beginning Balance at Mar. 31, 2025 (266,413)   $ 119   2,595,063   1,545 (2,863,140)
Beginning Balance, shares at Mar. 31, 2025     119,220,303          
Exercise of stock options, value 3,868       3,868      
Exercise of stock options, shares     219,077          
Vesting of restricted stock units, net of taxes withheld, value (514)       (514)      
Vesting of restricted stock units, net of taxes withheld, shares     55,056          
Issuance of common stock under Employee Stock Purchase Plan, shares     109,116          
Issuance of common stock under Employee Stock Purchase Plan, value 2,877       2,877      
Stock-based compensation 27,535       27,535      
Unrealized loss on available-for-sale securities, net (851)           (851)  
Foreign currency translation adjustments (852)           (852)  
Net loss (134,370)             (134,370)
Ending Balance at Jun. 30, 2025 (368,720)   $ 119   2,628,829   (158) (2,997,510)
Ending Balance, shares at Jun. 30, 2025     119,603,552          
Beginning Balance at Dec. 31, 2025 (659,625)   $ 123   2,826,341   630 (3,486,719)
Beginning Balance, shares at Dec. 31, 2025     122,943,172          
Exercise of stock options, value 11,346       11,346      
Exercise of stock options, shares     403,208          
Vesting of restricted stock units, net of taxes withheld, value (840)   $ 1   (841)      
Vesting of restricted stock units, net of taxes withheld, shares     891,443          
Stock-based compensation 30,824       30,824      
Unrealized loss on available-for-sale securities, net (1,838)           (1,838)  
Foreign currency translation adjustments (404)           (404)  
Net loss (206,031)             (206,031)
Ending Balance at Mar. 31, 2026 (826,568)   $ 124   2,867,670   (1,612) (3,692,750)
Ending Balance, shares at Mar. 31, 2026     124,237,823          
Beginning Balance at Dec. 31, 2025 (659,625)   $ 123   2,826,341   630 (3,486,719)
Beginning Balance, shares at Dec. 31, 2025     122,943,172          
Unrealized loss on available-for-sale securities, net (3,608)              
Foreign currency translation adjustments (848)              
Net loss (404,793)              
Ending Balance at Jun. 30, 2026 (173,487)   $ 138   3,721,713   (3,826) (3,891,512)
Ending Balance, shares at Jun. 30, 2026     138,761,764          
Beginning Balance at Mar. 31, 2026 (826,568)   $ 124   2,867,670   (1,612) (3,692,750)
Beginning Balance, shares at Mar. 31, 2026     124,237,823          
Exercise of stock options, value 33,658   $ 1   33,657      
Exercise of stock options, shares     968,077          
Vesting of restricted stock units, net of taxes withheld, value (1,527)       (1,527)      
Vesting of restricted stock units, net of taxes withheld, shares     137,636          
Issuance of common stock upon conversion of convertible notes, shares     2,002,817          
Issuance of common stock upon conversion of convertible notes 21,067   $ 2   21,065      
Issuance of common stock, net of issuance costs, value   $ 760,148   $ 11   $ 760,137    
Issuance of common stock, net of issuance costs, shares       11,338,028        
Issuance of common stock under Employee Stock Purchase Plan, shares     77,383          
Issuance of common stock under Employee Stock Purchase Plan, value 4,344       4,344      
Stock-based compensation 36,367       36,367      
Unrealized loss on available-for-sale securities, net (1,770)           (1,770)  
Foreign currency translation adjustments (444)           (444)  
Net loss (198,762)             (198,762)
Ending Balance at Jun. 30, 2026 $ (173,487)   $ 138   $ 3,721,713   $ (3,826) $ (3,891,512)
Ending Balance, shares at Jun. 30, 2026     138,761,764