CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 186,193	$ 100,019
Restricted cash	5,000	5,000
Marketable securities	610,831	826,232
Trade receivables, net	79,231	53,822
Inventory	63,497	34,068
Prepaid expenses and other current assets	58,604	13,786
Total current assets	1,003,356	1,032,927
Property and equipment, net	1,615	2,190
Intangible assets, net	4,548	4,729
Right-of-use asset	5,862	2,401
Total assets	1,015,381	1,042,247
Current liabilities:
Accounts payable	37,975	43,599
Accrued liabilities	157,479	124,695
Lease liability	1,049	983
Total current liabilities	196,503	169,277
Long term liabilities:
Loan payable, net of discount	118,376	117,569
Lease liability	4,524	1,018
Total long term liabilities	122,900	118,587
Total liabilities	319,403	287,864
Stockholders’ equity:
Preferred stock, par value $0.0001 per share authorized: 5,000,000 shares at June 30, 2025 and December 31, 2024; 2,369,797 and 2,369,797 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively	0	0
Common stock, par value $0.0001 per share authorized: 200,000,000 at June 30, 2025 and December 31, 2024; 22,221,116 and 22,004,679 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively	2	2
Additional paid-in-capital	2,612,566	2,556,095
Accumulated other comprehensive income	1,111	468
Accumulated deficit	(1,917,701)	(1,802,182)
Total stockholders’ equity	695,978	754,383
Total liabilities and stockholders’ equity	$ 1,015,381	$ 1,042,247