Related Party Transactions |
6 Months Ended | ||
|---|---|---|---|
Jun. 30, 2026 | |||
| Related Party Transactions [Abstract] | |||
| RELATED PARTY TRANSACTIONS |
In March 2025, the Company engaged Davis Polk & Wardwell LLP (“Davis Polk”) to provide legal advisory services in connection with the Direct Listing. On September 30, 2025, Mr. Arthur Golden, a senior counsel at Davis Polk, joined the Company’s Board of Directors, establishing a related-party relationship between the Company and Davis Polk.
During the six months ended June 30, 2026 and 2025, the Company incurred legal expenses of $0 and $0.4 million, respectively, which were recognized in general and administrative expense in the statements of operations. During the six months ended June 30, 2026 and 2025, the Company made payments to Davis Polk of $0.3 million and $0, respectively. As of June 30, 2026 and December 31, 2025, amounts payable to Davis Polk for legal services were approximately $1.2 million and $1.5 million, respectively. |