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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash, cash equivalents and restricted cash $ 1,041,438 $ 945,587
Short-term investments 1,000 22,689
Accounts receivable, net of allowance of $8,419 and $7,259 at September 30, 2025 and December 31, 2024, respectively 286,379 314,165
Inventory 64,644 44,744
Prepaid expenses and other current assets, net 53,862 48,635
Total current assets 1,447,323 1,375,820
Property and equipment, net 206,496 162,046
Operating lease right-of-use assets 96,988 86,149
Other assets 70,675 36,720
Total assets 1,821,482 1,660,735
Current liabilities:    
Accounts payable 46,499 34,922
Accrued compensation 77,439 62,114
Other accrued liabilities 215,951 146,893
Deferred revenue, current portion 21,786 19,754
Short-term debt financing 80,341 80,362
Total current liabilities 442,016 344,045
Deferred revenue, long-term portion and other liabilities 22,898 24,682
Operating lease liabilities, long-term portion 104,380 96,588
Total liabilities 569,294 465,315
Commitments and contingencies (Note 8)
Stockholders' equity:    
Common stock, $0.0001 par value: 750,000 shares authorized at both September 30, 2025 and December 31, 2024; 137,533 and 132,646 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively 14 12
Additional paid-in capital 4,075,641 3,763,614
Accumulated deficit (2,823,280) (2,567,862)
Accumulated other comprehensive loss (187) (344)
Total stockholders' equity 1,252,188 1,195,420
Total liabilities and stockholders' equity $ 1,821,482 $ 1,660,735