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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 36,825 $ 161,475
Short-term investments 48,815 154,249
Accounts receivable, net of allowance of $125 and $190 at June 30, 2025 and December 31, 2024, respectively 18,055 23,641
Prepaid expenses 23,683 17,100
Other current assets 76,548 81,094
Total current assets 203,926 437,559
Long-term investments 28,474 212,650
Property and equipment, net 135,491 170,648
Intangible assets, net 8,194 10,347
Right of use assets 19,418 22,256
Other assets 8,950 15,491
Total assets 404,453 868,951
Current liabilities    
Accounts payable 8,321 15,159
Deferred revenue 34,759 39,217
Accrued liabilities 121,373 115,360
Current portion of convertible senior notes, net 62,516 358,605
Total current liabilities 226,969 528,341
Long-term liabilities    
Convertible senior notes, net 0 127,344
Long-term operating lease liabilities 17,700 18,509
Other long-term liabilities 1,928 1,776
Total long-term liabilities 19,628 147,629
Total liabilities 246,597 675,970
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value per share, 10,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.001 par value per share: 400,000,000 shares authorized; 107,821,415 and 104,880,048 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 108 105
Additional paid-in capital 1,133,686 1,114,550
Accumulated other comprehensive loss (33,350) (32,233)
Accumulated deficit (942,588) (889,441)
Total stockholders' equity 157,856 192,981
Total liabilities and stockholders' equity $ 404,453 $ 868,951