v3.26.1
Stock Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Stock-Based Compensation
The following table summarizes stock-based compensation expense by financial statement line item in the Company’s condensed consolidated statements of operations and comprehensive loss for the periods presented (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Research and development$4,822 $8,517 $12,845 $17,510 
General and administrative2,527 8,770 9,930 16,194 
Cost of other revenue246 1,516 673 2,485 
Total$7,595 $18,803 $23,448 $36,189 
Summary of RSU and RSA Activity
A summary of the RSU activity for the six months ended June 30, 2026 is presented below:
Number of
Shares		Weighted
Average
Grant Date
Fair Value
Nonvested as of December 31, 20251,262,853$55.07 
Granted704,507 7.20 
Vested(598,188)34.08 
Forfeited(438,666)46.67 
Nonvested as of June 30, 2026930,50636.28 
Share-Based Payment Arrangement, Performance Shares, Activity
A summary of PSU activity for the six months ended June 30, 2026 is presented below:
Number of
Shares		Weighted
Average
Grant Date
Fair Value
Nonvested as of December 31, 20254,407,287$8.06 
Granted3,102,6117.06 
Vested(3,107,417)8.04 
Forfeited(1,852,377)7.78 
Nonvested as of June 30, 20262,550,1047.06