v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 44,623 $ 31,146
Short-term investments 27,691 41,674
Accounts receivable, net of allowance of $93 and $156 at June 30, 2026 and December 31, 2025, respectively 10,734 15,604
Prepaid expenses 11,352 16,331
Other current assets 14,301 16,857
Total current assets 108,701 121,612
Long-term investments 0 12,392
Property and equipment, net 94,948 115,168
Intangible assets, net 3,957 6,041
Right of use assets 11,505 13,188
Other assets 8,514 9,613
Total assets 227,625 278,014
Current liabilities    
Accounts payable 4,775 3,258
Deferred revenue 26,570 29,675
Accrued liabilities 27,770 54,249
Current portion of convertible senior notes, net 33,845 53,765
Total current liabilities 92,960 140,947
Long-term liabilities    
Long-term operating lease liabilities 12,600 15,205
Other long-term liabilities 3,451 2,239
Total long-term liabilities 16,051 17,444
Total liabilities 109,011 158,391
Commitments and contingencies (Note 7)
Stockholders' equity:    
Preferred stock, $0.001 par value per share, 10,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.001 par value per share: 400,000,000 shares authorized; 110,913,557 and 110,985,562 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 111 111
Additional paid-in capital 1,148,192 1,145,371
Accumulated other comprehensive loss (34,104) (32,997)
Accumulated deficit (995,585) (992,862)
Total stockholders' equity 118,614 119,623
Total liabilities and stockholders' equity $ 227,625 $ 278,014