v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 531,479 $ 236,857
Accounts receivable, net of allowance of $98 as of September 30, 2026 and $468 as of December 31, 2025 5,717 3,621
Inventories 21,151 13,283
Prepaid expenses and other current assets 16,600 4,399
Restricted Cash, Current 363 1,745
Total current assets 575,310 259,905
Property and equipment, net 5,563 9,779
Operating lease right of use assets 5,549 5,166
Finance lease right of use assets 520 766
Inventory, Noncurrent 11,237  
Intangible assets, net 40,587 53,258
Goodwill 163,215 163,215
Other assets 8,078 8,380
Total assets 810,059 500,469
Current liabilities    
Accounts payable and other accrued expenses 24,260 22,350
Accrued compensation expenses 7,298 4,949
Operating lease liabilities, current 2,179 1,866
Finance lease liabilities, current 335 323
Earnout liability 0 22,632
Total current liabilities 34,072 52,120
Operating lease liabilities noncurrent 3,886 3,827
Finance lease liabilities noncurrent 203 456
Deferred tax liabilities 274 405
Total liabilities 38,435 56,808
Commitments and contingencies (Note 14)
Stockholders' equity    
Additional paid-in capital 1,572,455 945,381
Accumulated other comprehensive loss (7) (7)
Accumulated deficit (800,850) (501,739)
Total stockholders’ equity 771,624 443,661
Total liabilities and stockholders’ equity 810,059 500,469
Class A Common Stock    
Stockholders' equity    
Common stock, par value 26 26
Class B Common Stock    
Stockholders' equity    
Common stock, par value $ 0 $ 0