v3.26.3
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Common Stock
Accumulated deficit
Accumulated other comprehensive income (loss)
Total
Balance at Dec. 31, 2024 $ 3,833,882 $ (690,419) $ 222 $ 3,143,685
Balance (in shares) at Dec. 31, 2024 344,890,208      
Issuance of restricted stock, net of forfeitures and delivery of common stock underlying stock awards, net of tax withholding $ (3,236)     (3,236)
Issuance of restricted stock, net of forfeitures and delivery of common stock underlying stock awards, net of tax withholding (in shares) 3,159,529      
Issuance of common stock/At-the-market offering, net of offering costs $ 195,181     195,181
Issuance of common stock/At-the-market offering, net of offering costs (in shares) 16,076,733      
Stock-based compensation $ 92,554     92,554
Issuance of common stock for asset acquisition $ 49,000     49,000
Issuance of common stock for asset acquisition (in shares) 6,989,800      
Net income (loss)   27,567   27,567
Other comprehensive income (loss)     (1) (1)
Balance at Sep. 30, 2025 $ 4,167,381 (662,852) 221 3,504,750
Balance (in shares) at Sep. 30, 2025 371,116,270      
Balance at Jun. 30, 2025 $ 4,063,053 (767,332) 195 3,295,916
Balance (in shares) at Jun. 30, 2025 363,234,107      
Issuance of restricted stock, net of forfeitures and delivery of common stock underlying stock awards, net of tax withholding $ (2,649)     (2,649)
Issuance of restricted stock, net of forfeitures and delivery of common stock underlying stock awards, net of tax withholding (in shares) 2,580,892      
Issuance of common stock/At-the-market offering, net of offering costs $ 74,119     74,119
Issuance of common stock/At-the-market offering, net of offering costs (in shares) 5,301,271      
Stock-based compensation $ 32,858     32,858
Net income (loss)   104,480   104,480
Other comprehensive income (loss)     26 26
Balance at Sep. 30, 2025 $ 4,167,381 (662,852) $ 221 3,504,750
Balance (in shares) at Sep. 30, 2025 371,116,270      
Balance at Dec. 31, 2025 $ 4,212,006 (1,353,600)   2,858,406
Balance (in shares) at Dec. 31, 2025 371,575,652      
Issuance of restricted stock, net of forfeitures and delivery of common stock underlying stock awards, net of tax withholding $ (86,184)     $ (86,184)
Issuance of restricted stock, net of forfeitures and delivery of common stock underlying stock awards, net of tax withholding (in shares) 3,536,775     3,500,000
Issuance of common stock/At-the-market offering, net of offering costs $ (372)     $ (372)
Stock-based compensation 96,194     96,194
Net income (loss)   (733,613)   (733,613)
Balance at Sep. 30, 2026 $ 4,221,644 (2,087,213)   2,134,431
Balance (in shares) at Sep. 30, 2026 375,112,427      
Balance at Jun. 30, 2026 $ 4,283,863 (2,091,247)   2,192,616
Balance (in shares) at Jun. 30, 2026 378,022,964      
Issuance of restricted stock, net of forfeitures and delivery of common stock underlying stock awards, net of tax withholding $ (83,665)     (83,665)
Issuance of restricted stock, net of forfeitures and delivery of common stock underlying stock awards, net of tax withholding (in shares) (2,910,537)      
Stock-based compensation $ 21,446     21,446
Net income (loss)   4,034   4,034
Balance at Sep. 30, 2026 $ 4,221,644 $ (2,087,213)   $ 2,134,431
Balance (in shares) at Sep. 30, 2026 375,112,427