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Income Taxes - Components of Deferred Income Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Mar. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Deferred income tax assets:          
R&D capitalization, net $ 193,265   $ 99,746    
Deferred revenue 66,948   59,443    
Stock-based compensation 51,088   10,544    
Convertible debt, net 31,603   39,649    
Reserves, accruals, and other 21,634   12,264    
R&D tax credit carryforward 19,100   16,554    
Net operating loss carryforward 17,824   2,115    
Accrued bonus 12,101   11,253    
Lease liability 11,966   9,664    
Inventory reserve 5,794   1,986    
Deferred compensation 4,021   2,803    
Strategic investments 0   6,109    
Amortization 0   4,425    
Total gross deferred tax assets 435,344   276,555    
Valuation allowance (23,054)   (21,600) $ (26,368) $ (16,168)
Total deferred income tax assets, net of valuation allowance 412,290   254,955    
Deferred income tax liabilities:          
Strategic investments (42,260)   0    
Amortization (36,185)   0    
Depreciation (16,739)   (14,575)    
Right of use asset (10,639)   (8,404)    
Prepaid expenses (2,874)   (2,223)    
Customer contract asset (1,174)   (690)    
Goodwill amortization (509)   (314)    
Other 0   (965)    
Total deferred income tax liabilities (110,380)   (27,171)    
Deferred taxes are reflected in the consolidated balance sheet as follows:          
Deferred tax assets, net 304,282 $ 207,132 227,784    
Non-current tax liabilities (included in other long-term liabilities) (2,372)   0    
Total $ 301,910   $ 227,784