v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 459,817 $ 792,966
Short-term investments 175,447 100,008
Accounts receivable, net 58,114 46,129
Advanced payments, current 71,592 12,350
Contract assets 19,939 3,499
Other current assets 14,381 8,223
Total current assets 799,290 963,175
Advanced payments, less current portion 10,269 60,496
Property and equipment, net 186,057 163,738
Right-of-use assets - operating leases 18,869 13,938
Right-of-use assets - finance leases 2,919 3,735
Intangible assets, net 152,286 165,709
Goodwill 466,984 450,119
Other assets, less current portion 2,549 4,024
Total assets 1,639,223 1,824,934
Current liabilities:    
Accounts payable 57,823 35,626
Accrued expenses 52,356 42,755
Accounts payable and accrued expenses - related parties 1,446 330
Operating lease liability, current 3,053 1,161
Finance lease liability, current 1,066 1,056
Deferred revenue, current 151,174 116,135
Notes payable, current 7,410 7,099
Other current liabilities 18,795 9,419
Total current liabilities 293,123 213,581
Operating lease liability, less current portion 20,818 15,832
Finance lease liability, less current portion 1,462 2,004
Deferred revenue, less current portion 58,365 92,565
Notes payable, less current portion 19,588 281,441
Warrant liability 16,604 12,294
Other liabilities, less current portion 6,338 17,278
Total liabilities 416,298 634,995
Commitments and contingencies (See Note 12)
Stockholders' equity    
Common stock, $0.0001 par value, 1,000,000 shares authorized as of June 30, 2026 and December 31, 2025; 166,207 and 159,276 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 17 17
Additional paid-in capital, net 2,432,182 2,210,201
Accumulated deficit (1,209,274) (1,020,279)
Total stockholders' equity 1,222,925 1,189,939
Total liabilities and stockholders' equity $ 1,639,223 $ 1,824,934