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Income taxes - Significant Components of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets:    
Net operating loss carryforwards $ 569,975 $ 524,598
Research tax credits 786,586 677,104
Reserves, accruals and other 27,463 33,312
Lease obligations 50,331 41,493
Share-based compensation 36,311 33,793
Research capitalization and amortization 486,379 623,368
Total deferred tax assets 1,957,045 1,933,668
Less: valuation allowance (346,095) (322,070)
Deferred tax assets, net of valuation allowance 1,610,950 1,611,598
Deferred tax liabilities:    
Depreciation and amortization (15,838) (6,394)
Prepaid expenses (2,959) (2,665)
Total deferred tax liabilities (18,797) (9,059)
Deferred tax assets (liabilities) $ 1,592,153 $ 1,602,539