v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 79,112 $ 106,239
Short-term marketable securities 156,295 127,170
Accounts receivable, net 2,883 851
Prepaid expenses 6,177 6,042
Other receivables 2,605 696
Other current assets 219 77
Total current assets 247,291 241,075
Long-term marketable securities 5,001 26,344
Property and equipment, net 50,507 47,013
Intangible assets, net 34,505 31,313
Goodwill 27,998 15,530
Operating lease right-of-use assets 10,050 5,369
Other non-current assets 3,272 1,107
Total assets 378,624 367,751
Current liabilities:    
Accounts payable 5,505 5,014
Accrued liabilities 9,430 6,482
Deferred revenue 1,975 2
Operating lease liabilities, current 2,362 1,800
Total current liabilities 19,272 13,298
Operating lease liabilities, non-current 7,335 3,454
Deferred tax liabilities 225 255
Total liabilities 26,832 17,007
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, no shares issued or outstanding as of both June 30, 2026 and December 31, 2025 0 0
Common stock, $0.0001 par value; 300,000,000 shares authorized, 86,536,203 and 74,781,782 shares issued and 86,496,060 and 74,734,949 shares outstanding as of June 30, 2026 and December 31, 2025, respectively 9 7
Additional paid-in capital 673,832 559,485
Accumulated other comprehensive income (loss) (32) 138
Accumulated deficit (322,017) (208,886)
Total stockholders’ equity 351,792 350,744
Total liabilities and stockholders’ equity $ 378,624 $ 367,751