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Stockholders’ Deficit (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Common Stock Reserved For Future Issuance
Common stock reserved for future issuance as of June 30, 2026 was as follows (in thousands):
June 30,
2026
Earn Out Securities74,998
Common stock warrants1
79,631
Outstanding stock options52,135
Shares available for issuance under equity incentive plan25,123
Cumulative redeemable convertible preferred stock2
30,604
Shares available for issuance under the ESPP7,456
Total269,947
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1 Common stock warrants include both equity-classified and liability-classified warrants (see Note 10).
2 Includes shares issuable for accrued dividends paid-in-kind (see Note 11).
Schedule of Outstanding Warrants
As of June 30, 2026, the Company had the following equity-classified common stock warrants outstanding (in thousands, except exercise price per share):
Shares
Underlying
Warrants
Exercise Price
Per Share
Expiration Date
Public Warrants
24,604$9.28 9/24/2030
Private Placement Warrants
14,300$9.28 9/24/2030
Assumed Kodiak Warrants
559$2.24 
12/31/2028, 6/30/2031
Total outstanding39,463