
	As of
	June 30, 2026 (unaudited)		December 31, 2025
Prepaid expenses	$	15,079	$	18,853

Accrued interest receivable	10,273		4,976

Other	20,020		1,969
Total prepaid expenses and other current assets	$	45,372	$	25,798

Prepaid expenses include prepaid consulting fees, insurance premiums, rent and other charges, and construction deposits.

Prepaid expenses are amortized on a straight-line basis over the related contract term. Construction deposits consist of advance payments for long-lived assets related to capital projects and are recorded within current assets until the related construction activities are performed. Upon performance of the construction activities, the construction deposits are reclassified to construction in progress. Cash outflows associated with construction deposits are presented as purchases of property, plant and equipment within investing activities in the condensed consolidated statements of cash flows.


		As of
	Estimates Useful Lives (Years)	June 30, 2026 (unaudited)		December 31, 2025
Computers and equipment	3 - 7	$	740	$	366
Furniture, fixtures and machinery	7	2,796		483
Software	3	1,405		1,405
Leasehold improvements	*	255		62
Land and buildings	40	7,182		5,145
Total property, plant and equipment, gross		12,378		7,461
Less: accumulated depreciation and amortization		(1,300)		(897)
Construction in progress and equipment deposits		165,117		35,748
Total property, plant and equipment, net		$	176,195	$	42,312

Included in property, plant, and equipment is construction in progress and equipment deposits. Costs related to construction of capital projects are accumulated in construction in progress and equipment deposits until the project is complete, as well as equipment that is not yet placed in service. A construction project is considered substantially complete upon the cessation of construction and development activities. Once the project is substantially complete and ready for its intended use, the costs will be depreciated over the asset’s estimated useful life.

Depreciation and amortization expenses for the three months ended June 30, 2026 and 2025 totaled $240 and $125, respectively. Depreciation and amortization expenses for the six months ended June 30, 2026 and 2025 totaled $403 and $249, respectively.


		As of
	Estimated Useful Lives (Years)	June 30, 2026 (unaudited)		December 31, 2025
IPR&D	N/A	$	27,500	$	27,500
Customer relationships	10.9	16,000		—
Trade names	8.5	800		—
Total intangible assets		44,300		27,500
Less: accumulated amortization		(97)		—
Total intangible assets, net		$	44,203	$	27,500

Amortization expense was $97 for the three and six months ended June 30, 2026. There was no amortization expense for the three and six months ended June 30, 2025.


	As of
	June 30, 2026 (unaudited)		December 31, 2025
Finance lease right-of-use asset	$	933	$	—
Prepayments	17,730		217
Other investments	28,586		12,086
Total other assets	$	47,249	$	12,303

As of June 30, 2026 and December 31, 2025, the Company’s other investments primarily consist of simple agreements for future equity and preferred equity investments in privately held companies. These investments are recorded at cost, as they do not have readily determinable fair values. As of June 30, 2026, management did not identify any impairment indicators or observable transactions that would require an adjustment to carrying value.


	As of
	June 30, 2026 (unaudited)		December 31, 2025
Accrued professional fees	$	2,689	$	1,838
Accrued payroll and bonuses	11,160		10,998

General accrued expenses	20,754		7,210
Contingent consideration	1,880		—
Other	1,540		451
Total accrued expenses and other	$	38,023	$	20,497