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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Parenthetical) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues $ 14,658 $ 5,966 $ 24,791 $ 15,565
Research and development [1] 122,365 58,035 214,104 115,899
General and administrative [1] 43,774 26,061 90,824 54,075
Interest expense [2] 3,661 2,890 7,278 5,750
Related Party        
Research and development 5,697 0 11,331 0
General and administrative 136 (37) 223 (140)
Interest expense 954 0 1,655 0
Service        
Revenues [3] 11,378 3,422 20,548 10,533
Service | Related Party        
Revenues $ 7,870 $ 1,428 $ 15,869 $ 3,610
[1] Includes related party amounts of $5,697 and $0 attributable to warrant expense (research and development) and $136 and $(37) (general and administrative) for the three months ended June 30, 2026 and 2025, respectively. Includes related party amounts of $11,331 and $0 attributable to warrant expense (research and development) and $223 and $(140) (general and administrative) for the six months ended June 30, 2026 and 2025, respectively (see Note 12).
[2] Includes related party amounts of $954 and $0 for the three months ended June 30, 2026 and 2025, respectively. Includes related party amounts of $1,655 and $0 for the six months ended June 30, 2026 and 2025, respectively (see Note 12).
[3] Includes related party amounts of $7,870 and $1,428 for the three months ended June 30, 2026 and 2025, respectively. Includes related party amounts of $15,869 and $3,610 for the six months ended June 30, 2026 and 2025, respectively (see Note 12).