v3.26.3
Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Noncontrolling Interests [Member]
Balance at Dec. 31, 2024 $ 383,862 $ 22 $ 1,067,403 $ (683,720) $ 157 $ 0
Balance (in shares) at Dec. 31, 2024   221,919,191        
Net income (loss) (1,265,394) $ 0 0 (1,264,045) 0 (1,349)
Other comprehensive income (loss) (16,469) 0 0 0 (16,945) 476
Issuance of common stock in connection with acquisitions, net 2,422,357 $ 5 2,405,434 0 0 16,918
Issuance of common stock in connection with acquisitions, net (in shares)   51,737,208        
Issuance of common stock, net of issuance costs 358,256 $ 3 358,253 0 0 0
Issuance of common stock, net of issuance costs (in shares)   30,204,168        
Issuance of common stock from equity incentive plans 18,429 $ 2 18,427 0 0 0
Issuance of common stock from equity incentive plans (in shares)   16,798,400        
Vesting of restricted common stock 448 $ 0 448 0 0 0
Vesting of restricted common stock (in shares)   211,182        
Stock-based compensation 194,218 $ 0 194,218 0 0 0
Warrants exercised 192,092 $ 0 192,092 0 0 0
Warrants exercised shares   4,438,812        
Change in ownership interest 0 $ 0 1,607 0 0 (1,607)
Balance at Sep. 30, 2025 2,287,799 $ 32 4,237,882 (1,947,765) (16,788) 14,438
Balance (in shares) at Sep. 30, 2025   325,308,961        
Balance at Jun. 30, 2025 1,178,446 $ 27 2,050,344 (892,810) 4,072 16,813
Balance (in shares) at Jun. 30, 2025   269,600,132        
Net income (loss) (1,055,612) $ 0 0 (1,054,955) 0 (657)
Other comprehensive income (loss) (20,971) 0 0 0 (20,860) (111)
Issuance of common stock in connection with acquisitions, net 1,943,608 $ 3 1,943,605 0 0 0
Issuance of common stock in connection with acquisitions, net (in shares)   34,227,607        
Issuance of common stock, net of issuance costs 1 $ 1 0 0 0 0
Issuance of common stock, net of issuance costs (in shares)   14,165,708        
Issuance of common stock from equity incentive plans 3,905 $ 1 3,904 0 0 0
Issuance of common stock from equity incentive plans (in shares)   3,248,044        
Vesting of restricted common stock 252 $ 0 252 0 0 0
Vesting of restricted common stock (in shares)   114,892        
Stock-based compensation 65,398 $ 0 65,398 0 0 0
Warrants exercised 172,772 $ 0 172,772 0 0 0
Warrants exercised shares   3,952,578        
Change in ownership interest 0 $ 0 1,607 0 0 (1,607)
Balance at Sep. 30, 2025 2,287,799 $ 32 4,237,882 (1,947,765) (16,788) 14,438
Balance (in shares) at Sep. 30, 2025   325,308,961        
Balance at Dec. 31, 2025 3,813,692 $ 36 5,006,250 (1,194,098) (12,671) 14,175
Balance (in shares) at Dec. 31, 2025   362,592,722        
Net income (loss) (500,876) $ 0 0 (498,425) 0 (2,451)
Other comprehensive income (loss) (55,131) 0 0 0 (54,691) (440)
Issuance of common stock in connection with acquisitions, net 1,182,103 $ 3 1,158,999 0 0 23,101
Issuance of common stock in connection with acquisitions, net (in shares)   29,952,275        
Issuance of common stock from equity incentive plans 45,504 $ 2 45,502 0 0 0
Issuance of common stock from equity incentive plans (in shares)   12,465,771        
Issuance of common stock in exchange for intangible assets and research and development arrangements 87,806 $ 0 87,806 0 0 0
Issuance of common stock in exchange for intangible assets and research and development arrangements (in shares)   2,562,642        
Stock-based compensation 389,430 $ 0 389,430 0 0 0
Warrants exercised 57,405 $ 0 57,405 0 0 0
Warrants exercised shares   1,279,990        
Issuance of common stock related to legal settlements 4,825 $ 0 4,825 0 0 0
Issuance of common stock related to legal settlements (in shares)   93,879        
Distribution to noncontrolling interest (319) $ 0 0 0 0 (319)
Balance at Sep. 30, 2026 5,024,439 $ 41 6,750,217 (1,692,523) (67,362) 34,066
Balance (in shares) at Sep. 30, 2026   408,947,279        
Balance at Jun. 30, 2026 3,339,579 $ 38 5,637,913 (2,256,480) (54,263) 12,371
Balance (in shares) at Jun. 30, 2026   381,044,481        
Net income (loss) 563,114 $ 0 0 563,957 0 (843)
Other comprehensive income (loss) (13,343) 0 0 0 (13,099) (244)
Issuance of common stock in connection with acquisitions, net 943,485 $ 2 920,382 0 0 23,101
Issuance of common stock in connection with acquisitions, net (in shares)   24,134,414        
Issuance of common stock from equity incentive plans 6,110 $ 1 6,109 0 0 0
Issuance of common stock from equity incentive plans (in shares)   2,655,828        
Stock-based compensation 137,255 $ 0 137,255 0 0 0
Warrants exercised 43,733 $ 0 43,733 0 0 0
Warrants exercised shares   1,018,677        
Issuance of common stock related to legal settlements 4,825 $ 0 4,825 0 0 0
Issuance of common stock related to legal settlements (in shares)   93,879        
Distribution to noncontrolling interest (319) $ 0 0 0 0 (319)
Balance at Sep. 30, 2026 $ 5,024,439 $ 41 $ 6,750,217 $ (1,692,523) $ (67,362) $ 34,066
Balance (in shares) at Sep. 30, 2026   408,947,279