v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenues $ 3,238,000 $ 642,000 $ 6,222,000 $ 1,082,000
Cost of revenues 12,017,000 3,501,000 24,002,000 5,410,000
Gross loss (8,779,000) (2,859,000) (17,780,000) (4,328,000)
Operating expenses:        
Research and development 20,279,000 9,120,000 39,316,000 16,000,000
General and administrative 24,844,000 8,078,000 39,760,000 12,828,000
Operations 7,862,000 2,124,000 14,817,000 3,793,000
Sales and marketing 4,301,000 463,000 6,174,000 702,000
Total operating expenses 57,286,000 19,785,000 100,067,000 33,323,000
Loss from operations (66,065,000) (22,644,000) (117,847,000) (37,651,000)
Other income (expense):        
Interest income 1,927,000 1,794,000 4,033,000 3,586,000
Interest expense 0 0 0 (3,000)
Realized loss on foreign currency translation (4,000) 0 (14,000) 0
Realized loss on investments 0 0 (1,000) 0
Other income 3,000 0 38,000 0
Other expenses (24,000) 0 (24,000) 0
Net loss before income taxes (64,163,000) (20,850,000) (113,815,000) (34,068,000)
Income tax expense (benefit) (36,200) 0 (684,000) 0
Net loss (64,127,000) (20,850,000) (113,131,000) (34,068,000)
Other comprehensive income (loss), net of tax:        
Unrealized gain (loss) on foreign currency translation (2,000) 343,000 (6,000) 343,000
Unrealized gain (loss) on investments 31,000 (45,000) (164,000) (45,000)
Other comprehensive income (loss), before tax 29,000 298,000 (170,000) 298,000
Income tax expense related to items of other comprehensive income 0 0 0 0
Other comprehensive income (loss), net of tax 29,000 298,000 (170,000) 298,000
Comprehensive loss $ (64,098,000) $ (20,552,000) $ (113,301,000) $ (33,770,000)
Weighted average common shares outstanding - basic (in shares) 80,310,583 57,514,808 77,820,615 56,953,711
Weighted average common shares outstanding - diluted (in shares) 80,310,583 57,514,808 77,820,615 56,953,711
Net loss per common share - basic (in dollars per share) $ (0.80) $ (0.36) $ (1.45) $ (0.60)
Net loss per common share - diluted (in dollars per share) $ (0.80) $ (0.36) $ (1.45) $ (0.60)