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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Income/( Loss) Per Share
The following table sets forth the computation of basic and diluted loss per share for the three and nine months ended September 30, 2025 and 2024 (in thousands, except for share and per share amounts):
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Numerator:
Net income (loss)
$(85,845)$27,403 $(189,435)$(228,918)
Less: Deemed dividend on Series A preferred stock (3,682)— (11,284)— 
2026 Convertible Senior Notes extinguishment— (141,203)— — 
2030 Convertible Notes extinguishment— (5,355)— — 
Net income (loss) attributable to common stockholders
$(89,527)(119,155)$(200,719)$(228,918)
Denominator:
Weighted average common shares outstanding—Basic
69,281,237 32,001,765 53,586,034 30,190,418 
Dilutive effect of potential common shares
2026 Convertible Senior Notes extinguishment— 587,842 — — 
2030 Convertible Notes extinguishment— 345,391 — — 
Weighted average common shares outstanding—Diluted69,281,237 32,934,998 53,586,034 30,190,418 
Net income (loss) per share
Basic
$(1.29)$0.86 $(3.75)$(7.58)
Diluted
$(1.29)$(3.62)$(3.75)$(7.58)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table presents the potential shares of common stock outstanding that were excluded from the computation of diluted net loss per share of common stock as of September 30, 2025 because including them would have been antidilutive or related contingencies on issuance of shares had not been met as of September 30, 2025:
September 30, 2025
Warrants383,836 
Stock-based awards—Equity classified2,950,798 
Stock-based awards—Liability classified6,201,269 
Vendor stock-in-lieu of cash program1,339,441 
Series 1 Notes2,533,361 
Series 2 Notes4,992,516 
2026 Convertible Senior Notes450,037 
Series A preferred stock 1,686,074 
Earn-out shares573,780 
Total21,111,112