Segment Information (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following presents the significant financial information with respect to the Company’s one reportable segment (in thousands):

	Year Ended December 31,
	2025		2024
Revenue	$	210,059	$	228,000
Less:
Cost of revenue (excluding depreciation and amortization)(1)	201,069		225,231
Depreciation and amortization	3,597		1,859
Impairment of property and equipment	—		5,044
General and administrative expense (excluding depreciation and amortization):
Sales and marketing expense(2)	15,812		3,122
Other general and administrative expense(3)	76,812		50,140
Total general and administrative expense (excluding depreciation and amortization)	92,624		53,262
Operating loss	(87,231)		(57,396)
Interest income	15,272		272
Interest expense	(4,177)		(92)
Change in fair value of earn-out liabilities	(33,369)		(120,124)
Change in fair value of warrant liabilities	8,384		(77,651)
Change in fair value of contingent consideration liabilities	(1,854)		—
Loss on issuance of securities	—		(93,136)
Other income, net	91		1,242
Income tax expense	(3,962)		(37)
Net loss	$	(106,846)	$	(346,922)

(1)    Cost of revenue consists primarily of direct material and labor costs, launch costs, manufacturing overhead, freight expense, and other personnel-related expenses, which include employee compensation and benefits and stock-based compensation expense.

(2)    Sales and marketing expense primarily includes business development and research and development related expenses such as, employee compensation and benefits, subcontract costs, marketing, and materials and supplies costs. Costs incurred for business development were $3.4 million and $1.7 million and research and development costs were $12.4 million and $1.4 million for the years ended December 31, 2025 and 2024, respectively.

(3)    Other general and administrative expense primarily includes all other employee compensation and benefits, stock-based compensation, facilities costs, professional services, software licenses, and other administrative costs.