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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 92,437 $ 156,325
Marketable securities 460,641 469,289
Total cash, cash equivalents, and marketable securities 553,078 625,614
Accounts and accrued receivable 47,310 33,616
Restricted cash 25,000 25,000
Other current assets 116,757 67,140
Total current assets 742,145 751,370
Long-term assets:    
Property and equipment, net 424,020 340,429
Intangible assets, net 40,262 42,113
Goodwill 47,806 47,806
Investments in equity accounted investees 90,374 82,297
Other long-term assets 57,454 96,538
Total long-term assets 659,916 609,183
Total assets 1,402,061 1,360,553
Current liabilities:    
Accounts payable and other current liabilities 50,074 55,004
Contingent consideration payable 0 8,087
Deferred revenue 16,949 13,521
Total current liabilities 67,023 76,612
Long-term liabilities:    
Operating lease liability 137,184 60,743
Deferred revenue 11,633 5,700
Deferred government contributions 167,532 149,893
Deferred tax liability 10,053 10,052
Other long-term liabilities 1,560 1,469
Total long-term liabilities 327,962 227,857
Total liabilities 394,985 304,469
Commitments and contingencies
Shareholders' equity:    
Common shares: no par value, unlimited authorized shares at December 31, 2024 and June 30, 2025: 295,757,002 and 298,652,967 shares issued and outstanding at December 31, 2024 and June 30, 2025, respectively 791,668 777,171
Additional paid-in capital 181,483 166,361
Accumulated other comprehensive loss (2,657) (4,378)
Accumulated earnings 36,582 116,930
Total shareholders' equity 1,007,076 1,056,084
Total liabilities and shareholders' equity $ 1,402,061 $ 1,360,553