Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
CURRENT ASSETS:
Cash and cash equivalents	$ 170,084	$ 222,947
Short-term investments	327,750	678,051
Restricted cash and cash equivalents, current	2,215	89,385
Equity investments	8,679	4,350
Prepaid expenses and other current assets	36,956	47,725
Total current assets	545,684	1,042,458
Intangible assets, net	7,924	8,120
Goodwill	16,937	16,937
Property and equipment, net	58,203	63,183
Operating lease right-of-use assets	63,555	59,680
Restricted cash and cash equivalents, noncurrent	6,957	6,363
Long-term investments	304,212	190,015
Other assets	15,981	12,057
TOTAL ASSETS	1,019,453	1,398,813
CURRENT LIABILITIES:
Accounts payable	6,847	5,081
Accrued and other liabilities	68,375	85,873
Deferred revenue, current	0	12,648
Contingent consideration obligation, current	0	16,060
Total current liabilities	75,222	119,662
Deferred revenue, noncurrent	9,433	0
Operating lease liabilities, noncurrent	91,215	90,139
Contingent consideration obligation, noncurrent	34,180	24,050
Other long-term liabilities	13,305	14,577
TOTAL LIABILITIES	223,355	248,428
Commitments and contingencies (Note 7)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of September 30, 2025 and December 31, 2024; no shares issued and outstanding as of September 30, 2025 and December 31, 2024	0	0
Common stock, $0.0001 par value; 300,000,000 shares authorized as of September 30, 2025 and December 31, 2024; 139,022,594 and 136,959,446 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively	14	14
Additional paid-in capital	1,952,843	1,911,872
Accumulated other comprehensive loss	(1,911)	(1,717)
Accumulated deficit	(1,154,848)	(759,784)
TOTAL STOCKHOLDERS’ EQUITY	796,098	1,150,385
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 1,019,453	$ 1,398,813