v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
$ in Thousands
 9 Months Ended 12 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Dec. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (299,111) $ (85,138)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 2,599 2,558  
Amortization of intangible assets 12,671 14,203  
Non-cash lease expense 1,298 1,333  
Stock-based compensation expense 27,768 6,526  
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount 7,249    
Allowance for expected credit losses (370) 982 $ 844
Gain (Loss) on Investments 497 827  
Impairment, Long-Lived Asset, Held-for-Use 2,876    
Gain (Loss) on Disposition of Property Plant Equipment 433 (8)  
Loss from change in fair value of earnout liabilities 210,981 20,695  
Deferred income taxes (131) (70)  
Change in operating assets and liabilities:      
Accounts receivable (1,726) 3,212  
Inventories (19,105) 812  
Prepaid expenses and other current assets (12,118) 236  
Other assets (23) 979  
Accounts payable, accrued compensation and other accrued expenses 1,610 (676)  
Operating lease liability (1,309) (1,270)  
Net cash used in operating activities (66,905) (34,783)  
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from disposition of property and equipment 0 46  
Investment purchases (6,428) 0  
Purchases of property and equipment (1,353) (1,430)  
Net cash used in investing activities (7,781) (1,384)  
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds From The Issuance Of The At-The-Market Offerings 380,731 100,000  
Payments of Stock Issuance Costs (7,628) (3,250)  
Proceeds from issuance of common stock in connection with stock option exercises 12 1,028  
Repayments of Other Debt (2,599)    
Proceeds from employee stock purchase plan 1,401 1,498  
Share-Based Payment Arrangement, Cash Used to Settle Award (3,750) 0  
Payments on finance lease obligations (241) (128)  
Net cash provided by financing activities 367,926 99,148  
NET INCREASE IN CASH 293,240 62,981  
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD 238,602 88,240 88,240
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD $ 531,842 $ 151,221 238,602
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Conversion of Stock, Shares Issued 497,000 2,988,000  
Cash paid for income taxes $ 182 $ 259  
Noncash Finance Lease Acquisition 0   $ 985
Deferred Offering Costs Incurred but Not Yet Paid 83    
Cash paid for interest 24 19  
Capital expenditures in accounts payable $ 200 $ 156