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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net loss $ (44,056) $ (55,473)
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation and amortization expense 18,814 13,526
Stock-based compensation expense 51,372 44,620
Net change in unrealized interest on held to maturity securities 1,238 (1,200)
Change in fair value of sales-based earnout liability 2,365 3,311
Accretion of acquisition consideration payable 1,068 2,479
Inventory write-down 2,824 1,986
Changes in assets and liabilities:    
Accounts receivable, net 11,344 875
Inventories (10,452) (6,393)
Prepaid expenses and other assets (1,454) (1,316)
Accounts payable (3,487) (414)
Accrued expenses and other liabilities 800 (453)
Net cash provided by operating activities 30,376 1,548
Cash flows from investing activities    
Purchase of held to maturity securities (635,817) (343,951)
Proceeds from maturity of held to maturity securities 423,162 428,004
Purchase of property and equipment (34,545) (5,470)
Cash paid for intangibles (164) (171)
Net cash provided by (used in) investing activities (247,364) 78,412
Cash flows from financing activities    
Tax withholding paid on behalf of employees for net share settlement (27,284) (20,368)
Proceeds from issuance of common stock 433,091 15,727
Payments for offering costs (15,088) (608)
Payment of contingent consideration towards earnouts (6,315) (5,618)
Payment of deferred acquisition consideration payable 1,000 61,924
Net cash provided by (used in) financing activities 383,404 (72,791)
Net increase in cash and cash equivalents 166,416 7,169
Cash and cash equivalents    
Beginning of period 6,106 9,468
End of period 172,522 16,637
Supplemental disclosure of cash flow information    
Income taxes paid 107 27
Supplemental disclosure of noncash investing and financing activities    
Unpaid property and equipment 2,605 7,079
Unpaid offering costs 980 65
Right-of-use assets acquired under operating leases $ 405 $ 186