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INCOME TAXES- Schedule of Net Deferred Tax Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Deferred tax assets:    
Net operating loss carryforwards $ 127,680 $ 89,880
Research and development credits 23,934 17,825
Property and equipment 1,936 223
Deferred revenue 5,260 767
Intangible assets 0 4
Interest expense 5,484 0
Stock-based compensation 2,704 2,246
Operating lease liabilities 1,014 1,333
Section 174 research and development capitalization 40,648 21,186
Accruals and reserves 2,780 588
Other 2 0
Total deferred tax assets 211,442 134,052
Valuation allowance (170,219) (132,873)
Total deferred tax assets, net 41,223 1,179
Deferred tax liabilities:    
Right-of-use assets (1,017) (1,168)
Intangible assets (40,202) 0
Total deferred tax liabilities (41,219) (1,168)
Net deferred tax assets $ 4 $ 11