v3.26.1
Segment and Geographical Information - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]            
Stock-based compensation expense         $ 29,539,000 $ 1,191,000
Amortization of acquired intangibles $ 7,900,000   $ 0   15,200,000 0
Cost of sales (93,808,000)   (11,554,000)   (157,226,000) (65,189,000)
Research and development (71,532,000)   (45,774,000)   (139,041,000) (93,786,000)
Selling, general and administrative (47,540,000)   (12,571,000)   (93,160,000) (25,323,000)
Interest income 4,336,000   1,761,000   10,310,000 2,789,000
Interest expense (1,794,000)   (6,998,000)   (5,399,000) (13,190,000)
Change in fair value of warrant liability         4,309,000 5,107,000
Loss on extinguishment of debt         (30,400,000)  
Benefit (provision) for income taxes (35,000)   0   32,000 0
Other (expense) income, net 0   0   (7,000) 542,000
Consolidated net loss (92,319,000) $ (96,676,000) (63,778,000) $ (60,093,000) (188,995,000) (123,871,000)
Operating Segments [Member]            
Segment Reporting [Line Items]            
Revenue 117,683,000   15,549,000   198,562,000 71,404,000
Stock-based compensation expense (17,027,000)   (760,000)   (29,539,000) (1,191,000)
Depreciation and amortization [1] (9,309,000)   (3,920,000)   (20,762,000) (7,916,000)
Amortization of acquired intangibles (5,000,000)   0   (10,000,000) 0
Cost of sales [2] (92,507,000)   (10,621,000)   (154,132,000) (63,272,000)
Research and development [3] (56,501,000)   (42,666,000)   (113,538,000) (87,602,000)
Selling, general and administrative [4] (29,889,000)   (10,165,000)   (56,823,000) (20,097,000)
Interest income 4,336,000   1,761,000   10,310,000 2,789,000
Interest expense (1,717,000)   (6,998,000)   (5,399,000) (13,190,000)
Change in fair value of warrant liability (625,000)   (4,191,000)   (4,309,000) (1,118,000)
One-time costs related to the IPO [5] 0   (1,767,000)   0 (4,220,000)
Transaction-related expenses (2,724,000)   0   (4,633,000) 0
Gain on settlement of contingent liabilities 926,000   0   1,307,000 0
Benefit (provision) for income taxes 35,000   0   (32,000) 0
Other (expense) income, net [6] (0)   0   (7,000) 542,000
Consolidated net loss $ (92,319,000)   $ (63,778,000)   $ (188,995,000) $ (123,871,000)
[1] Depreciation and amortization excludes the amortization of acquired intangibles, which is presented separately.
[2] Cost of sales excludes depreciation and amortization, and interest expense, which are presented separately.
[3] Research and development excludes depreciation and amortization, and stock-based compensation expense, which are presented separately.
[4] Selling, general, and administrative excludes depreciation and amortization, amortization of acquired intangibles, stock-based compensation expense, one-time costs related to the IPO, and transaction-related expenses, which are presented separately.
[5] Represents costs incurred related to the IPO that do not meet the direct and incremental criteria per SEC Staff Accounting Bulletin Topic 5.A to be netted against the gross proceeds of the offering and that are not expected to recur in the future.
[6] Other (expense) income, net, excludes interest income, interest expense, change in fair value of warrant liability, and gain on settlement of contingent liabilities, which are presented separately.