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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash, cash equivalents and restricted cash $ 1,076,140 $ 945,587
Short-term investments   22,689
Accounts receivable, net of allowance of $8,018 in 2025 and $7,259 in 2024 296,528 314,165
Inventory 68,443 44,744
Prepaid expenses and other current assets, net 55,828 48,635
Total current assets 1,496,939 1,375,820
Property and equipment, net 241,184 162,046
Operating lease right-of-use assets 108,541 86,149
Goodwill 141,070  
Intangible assets 373,713 10,933
Other assets 36,897 25,787
Total assets 2,398,344 1,660,735
Current liabilities:    
Accounts payable 33,156 34,922
Accrued compensation 92,603 62,114
Contingent consideration payable, current portion 21,580  
Deferred revenue, current portion 24,907 19,754
Short-term debt financing 80,323 80,362
Other accrued liabilities 188,659 146,893
Total current liabilities 441,228 344,045
Contingent consideration payable, long-term portion 96,780  
Deferred tax liability, long-term portion 701  
Operating lease liabilities, long-term portion 118,473 96,588
Deferred revenue, long-term portion 17,062 16,838
Other liabilities 11,687 7,844
Total liabilities 685,931 465,315
Commitments and contingencies (Note 10)
Stockholders' equity:    
Common stock, $0.0001 par value: 750,000 shares authorized at both December 31, 2025 and 2024; 139,693 and 132,646 shares issued and outstanding at December 31, 2025 and 2024, respectively 14 12
Additional paid-in capital 4,488,679 3,763,614
Accumulated deficit (2,776,022) (2,567,862)
Accumulated other comprehensive loss (258) (344)
Total stockholders' equity 1,712,413 1,195,420
Total liabilities and stockholders' equity $ 2,398,344 $ 1,660,735