v3.26.1
NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS - Basic and Diluted Net Loss Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Numerator:            
Net income (loss) $ 14,607 $ 48,045 $ (53,829) $ (22,183) $ 62,652 $ (76,012)
Net income (loss) attributable to common stockholders, basic $ (40)   $ (75,925)   $ 32,497 $ (111,814)
Denominator:            
Weighted average number of shares used in basic computation (in shares) 378,710,978   304,729,749   369,086,762 304,615,069
Basic net income (loss) per share attributable to common stockholders (in dollars per share) $ 0.00   $ (0.25)   $ 0.09 $ (0.37)
Numerator:            
Net income (loss) used in basic computation $ (40)   $ (75,925)   $ 32,497 $ (111,814)
Net income (loss) attributable to common stockholders $ (40)   $ (75,925)   $ 32,497 $ (111,814)
Denominator:            
Weighted average number of shares used in basic computation (in shares) 378,710,978   304,729,749   369,086,762 304,615,069
Weighted-average number of shares outstanding, diluted (in shares) 378,710,978   304,729,749   381,777,937 304,615,069
Diluted net income (loss) per share attributable to common stockholders (in dollars per share) $ 0.00   $ (0.25)   $ 0.06 $ (0.37)
Class A            
Numerator:            
Net income (loss) $ 13,652   $ (48,692)   $ 58,451 $ (68,757)
Undeclared cumulative dividends to preferred stockholders (13,690)   (19,986)   (28,133) (32,383)
Net income (loss) attributable to common stockholders, basic $ (38)   $ (68,678)   $ 30,318 $ (101,140)
Denominator:            
Weighted average number of shares used in basic computation (in shares) 353,960,978   275,650,985   344,336,762 275,536,305
Basic net income (loss) per share attributable to common stockholders (in dollars per share) $ 0.00   $ (0.25)   $ 0.09 $ (0.37)
Numerator:            
Net income (loss) used in basic computation $ (38)   $ (68,678)   $ 30,318 $ (101,140)
Reversal of unrealized gain on preferred stock         (8,031) 0
Reallocation of net income as a result of conversion of Class B to Class A shares (in shares)         2,179 0
Reallocation of undistributed earnings         0 0
Net income (loss) attributable to common stockholders $ (38)   $ (68,678)   $ 24,466 $ (101,140)
Denominator:            
Weighted average number of shares used in basic computation (in shares) 353,960,978   275,650,985   344,336,762 275,536,305
Conversion of Class B to Class A shares outstanding (in shares)         24,750,000 0
Dilutive securities (in shares)         12,691,175 0
Weighted-average number of shares outstanding, diluted (in shares) 353,960,978   275,650,985   381,777,937 275,536,305
Diluted net income (loss) per share attributable to common stockholders (in dollars per share) $ 0.00   $ (0.25)   $ 0.06 $ (0.37)
Class B            
Numerator:            
Net income (loss) $ 955   $ (4,372)   $ 4,201 $ (6,175)
Undeclared cumulative dividends to preferred stockholders (957)   (1,795)   (2,022) (2,909)
Net income (loss) attributable to common stockholders, basic $ (2)   $ (6,167)   $ 2,179 $ (9,084)
Denominator:            
Weighted average number of shares used in basic computation (in shares) 24,750,000   24,750,000   24,750,000 24,750,000
Basic net income (loss) per share attributable to common stockholders (in dollars per share) $ 0.00   $ (0.25)   $ 0.09 $ (0.37)
Numerator:            
Net income (loss) used in basic computation $ (2)   $ (6,167)   $ 2,179 $ (9,084)
Reversal of unrealized gain on preferred stock         0 0
Reallocation of net income as a result of conversion of Class B to Class A shares (in shares)         0 0
Reallocation of undistributed earnings         (590) 0
Net income (loss) attributable to common stockholders $ (2)   $ (6,167)   $ 1,589 $ (9,084)
Denominator:            
Weighted average number of shares used in basic computation (in shares) 24,750,000   24,750,000   24,750,000 24,750,000
Conversion of Class B to Class A shares outstanding (in shares)         0 0
Dilutive securities (in shares)         0 0
Weighted-average number of shares outstanding, diluted (in shares) 24,750,000   24,750,000   24,750,000 24,750,000
Diluted net income (loss) per share attributable to common stockholders (in dollars per share) $ 0.00   $ (0.25)   $ 0.06 $ (0.37)
Class C            
Numerator:            
Net income (loss)     $ (765)     $ (1,080)
Undeclared cumulative dividends to preferred stockholders     (315)     (510)
Net income (loss) attributable to common stockholders, basic     $ (1,080)     $ (1,590)
Denominator:            
Weighted average number of shares used in basic computation (in shares)     4,328,764     4,328,764
Basic net income (loss) per share attributable to common stockholders (in dollars per share)     $ (0.25)     $ (0.37)
Numerator:            
Net income (loss) used in basic computation     $ (1,080)     $ (1,590)
Reversal of unrealized gain on preferred stock           0
Reallocation of net income as a result of conversion of Class B to Class A shares (in shares)           0
Reallocation of undistributed earnings           0
Net income (loss) attributable to common stockholders     $ (1,080)     $ (1,590)
Denominator:            
Weighted average number of shares used in basic computation (in shares)     4,328,764     4,328,764
Conversion of Class B to Class A shares outstanding (in shares)           0
Dilutive securities (in shares)           0
Weighted-average number of shares outstanding, diluted (in shares)     4,328,764     4,328,764
Diluted net income (loss) per share attributable to common stockholders (in dollars per share)     $ (0.25)     $ (0.37)