v3.26.1
DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Unaudited Pro forma Condensed Consolidated Balance Sheet (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2026
Mar. 31, 2026
Dec. 31, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Assets                
Total current assets $ 476,811   $ 476,811   $ 486,840      
Total noncurrent assets 698,923   698,923          
Total assets 1,175,734   1,175,734   794,287      
Liabilities, Convertible Preferred Stock and Stockholders’ Equity                
Total current liabilities 298,733   298,733   928,350      
Total noncurrent liabilities 80,797   80,797          
Total liabilities 379,530   379,530   1,201,640      
Convertible preferred stock 114,027 $ 114,027 114,027 $ 114,027 114,027      
Common stock 5   5   1      
Additional paid-in capital 1,182,730   1,182,730   233,705      
Accumulated other comprehensive income (loss) 10,525   10,525   (9,910)      
Accumulated deficit (511,083)   (511,083)   (745,176)      
Total stockholders’ equity (deficit) 682,177 (565,713) 682,177 (565,713) (521,380) $ (501,440) $ (541,541) $ (493,091)
Total liabilities, convertible preferred stock and stockholders’ equity (deficit) $ 1,175,734   1,175,734   794,287      
Tax withholding obligations   1,600            
IPO                
Liabilities, Convertible Preferred Stock and Stockholders’ Equity                
Issuance of common stock for settlement of RSUs, net of shares withheld for taxes (in shares) 417,618              
Withholding shares (in shares) (244,421)              
Common Stock                
Liabilities, Convertible Preferred Stock and Stockholders’ Equity                
Total stockholders’ equity (deficit) $ 5 $ 1 $ 5 $ 1 $ 1 $ 1 $ 1 $ 1
Issuance of common stock for exercise or conversion (in shares)     27,131 31,008        
Issuance of common stock for settlement of RSUs, net of shares withheld for taxes (in shares)       11,362        
Pro Forma Adjustments                
Assets                
Total current assets 17,442   $ 17,442          
Total noncurrent assets 0   0          
Total assets 17,442   17,442          
Liabilities, Convertible Preferred Stock and Stockholders’ Equity                
Total current liabilities (123,897)   (123,897)          
Total noncurrent liabilities (27)   (27)          
Total liabilities (123,924)   (123,924)          
Convertible preferred stock (114,027)   (114,027)          
Common stock 1   1          
Additional paid-in capital 255,770   255,770          
Accumulated other comprehensive income (loss) 0   0          
Accumulated deficit (378)   (378)          
Total stockholders’ equity (deficit) 255,393   255,393          
Total liabilities, convertible preferred stock and stockholders’ equity (deficit) 17,442   $ 17,442          
Payment of outstanding principal balance 115,000              
Payment of outstanding loan (114,600)              
Debt issuance cost (400)              
Unpaid offering expenses 3,300              
Tax withholding obligations $ 6,100              
Issuance of common stock for exercise or conversion (in shares) 11,674              
Warrants outstanding (in shares) 203,496   203,496          
Pro Forma Adjustments | Warrant Conversion To Shares Of Common Stock, Net                
Liabilities, Convertible Preferred Stock and Stockholders’ Equity                
Issuance of common stock for exercise or conversion (in shares) 148,748              
Pro Forma Adjustments | Warrant Conversion To Shares Of Common Stock, Withheld                
Liabilities, Convertible Preferred Stock and Stockholders’ Equity                
Issuance of common stock for exercise or conversion (in shares) 54,748              
Pro Forma                
Assets                
Total current assets $ 494,253   $ 494,253          
Total noncurrent assets 698,923   698,923          
Total assets 1,193,176   1,193,176          
Liabilities, Convertible Preferred Stock and Stockholders’ Equity                
Total current liabilities 174,836   174,836          
Total noncurrent liabilities 80,770   80,770          
Total liabilities 255,606   255,606          
Convertible preferred stock 0   0          
Common stock 6   6          
Additional paid-in capital 1,438,500   1,438,500          
Accumulated other comprehensive income (loss) 10,525   10,525          
Accumulated deficit (511,461)   (511,461)          
Total stockholders’ equity (deficit) 937,570   937,570          
Total liabilities, convertible preferred stock and stockholders’ equity (deficit) $ 1,193,176   $ 1,193,176          
Pro Forma | Conversion Of Convertible Preferred Stock | Common Stock                
Liabilities, Convertible Preferred Stock and Stockholders’ Equity                
Issuance of common stock for exercise or conversion (in shares) 6,916,489