Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
CURRENT ASSETS:
Cash and cash equivalents	$ 232,185	$ 222,947
Short-term investments	228,753	678,051
Restricted cash and cash equivalents, current	1,922	89,385
Equity investments	6,077	4,350
Prepaid expenses and other current assets	45,143	47,725
Total current assets	514,080	1,042,458
Intangible assets, net	7,850	8,120
Goodwill	16,937	16,937
Property and equipment, net	55,620	63,183
Operating right-of-use assets	62,099	59,680
Restricted cash and cash equivalents, noncurrent	6,963	6,363
Long-term investments	314,575	190,015
Other assets	24,699	12,057
TOTAL ASSETS	1,002,823	1,398,813
CURRENT LIABILITIES:
Accounts payable	9,803	5,081
Accrued and other liabilities	83,012	98,521
Contingent consideration obligation, current	0	16,060
Total current liabilities	92,815	119,662
Operating lease liabilities, noncurrent	89,054	90,139
Contingent consideration obligation, noncurrent	34,100	24,050
Other long-term liabilities	21,578	14,577
TOTAL LIABILITIES	237,547	248,428
Commitments and contingencies (Note 10)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of December 31, 2025 and 2024, respectively; no shares issued and outstanding as of December 31, 2025 and 2024	0	0
Common stock, $0.0001 par value; 300,000,000 shares authorized as of December 31, 2025 and 2024, respectively; 139,474,954 and 136,959,446 shares issued and outstanding as of December 31, 2025 and 2024, respectively	14	14
Additional paid-in capital	1,965,090	1,911,872
Accumulated other comprehensive loss	(2,057)	(1,717)
Accumulated deficit	(1,197,771)	(759,784)
TOTAL STOCKHOLDERS’ EQUITY	765,276	1,150,385
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 1,002,823	$ 1,398,813