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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net loss $ (374,384) $ (188,913)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 43,180 16,345
Stock-based compensation 62,217 32,651
Asset impairment 5,956 108
Lease expense 11,755 5,575
Loss on disposal of a business 4,502 0
Other, net 9,098 (6,500)
Changes in operating assets and liabilities:    
Other receivables and assets 30,246 (304)
Prepaid data assets 29,601 2,930
Accrued data liability 20,258 0
Unearned revenue (23,383) (26,291)
Accounts payable (1,145) (174)
Accrued development expense (155) (2,178)
Accrued expenses and other current liabilities (15,213) (11,350)
Lease liabilities (10,908) (6,418)
Net cash used in operating activities (208,375) (184,519)
Cash flows from investing activities    
Purchases of property and equipment (4,982) (7,835)
Purchase of an intangible asset (2,158) (3,000)
Decrease in cash related to disposal of a business (4,438) 0
Purchases of investments (1,500) 0
Net cash used in investing activities (13,078) (10,835)
Cash flows from financing activities    
Proceeds from issuance of common shares, net of issuance costs 141,024 272,419
Proceeds from equity incentive plans 4,293 4,652
Repayment of long-term debt and finance lease liabilities (4,131) (52)
Purchase of an intangible asset (3,000) 0
Net cash provided by financing activities 138,186 277,019
Effect of exchange rate changes on cash, cash equivalents and restricted cash 14,088 (337)
Net change in cash, cash equivalents and restricted cash (69,179) 81,328
Cash, cash equivalents and restricted cash, beginning of period 603,024 401,425
Cash, cash equivalents and restricted cash, end of period 533,845 482,753
Supplemental schedule of non-cash investing and financing activities    
Accrued property and equipment 263 549
Purchase of an equity investment 4,438 0
Purchase of an intangible asset $ 0 $ 6,000