Property and Equipment, Net (Tables)

6 Months Ended

Jun. 30, 2026

Property, Plant, and Equipment [Abstract]

Schedule of Property, Plant and Equipment

As of June 30, 2026 and December 31, 2025, property and equipment, net consisted of the following (in thousands):


	June 30, 2026 (1)		December 31, 2025
Leasehold improvements	$	35,407	$	336
Vehicles and trailers	188		146
Computers and software	12,899		7,931
Furniture and fixtures	4,158		3,097
Machinery and equipment	100,938		9,632
Construction in progress	133,699		54,964
Property and equipment, gross	287,289		76,106
Less: accumulated depreciation and amortization	(22,663)		(7,556)
Property and equipment, net	$	264,626	$	68,550

(1) The balance as of June 30, 2026 includes approximately $158.3 million of property and equipment, net (of which $45.7 million is for construction in progress) related to Lanteris which was acquired on January 13, 2026. See Note 3 for additional information on the Lanteris acquisition.