v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Financial Information Respect to the Company’s Single Operating Segment
The following table presents significant expenses provided to the CODM (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Revenue$5.0 $— $6.6 $— 
Operating expenses
Depreciation and amortization expense
10.1 4.8 17.9 8.9 
Research and development warrant expense
— 0.8 — 1.6 
Stock-based compensation expense
85.6 51.8 156.0 81.9 
General and administrative warrant expense
— — 1.1 — 
Other cost of revenue3.3 — 4.2 — 
Other research and development expense
136.9 94.6 270.2 182.8 
Other general and administrative expense
48.3 24.1 91.0 44.9 
Total operating expenses284.2 176.1 540.4 320.1 
Loss from operations(279.2)(176.1)(533.8)(320.1)
Other income (expense), net1.8 (40.0)22.4 2.0 
Interest income, net14.2 10.2 30.6 18.9 
Loss before income taxes(263.2)(205.9)(480.8)(299.2)
Income tax expense— (0.1)(0.1)(0.2)
Net loss$(263.2)$(206.0)$(480.9)$(299.4)