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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 159,733 $ 261,745
Marketable securities 1,127,743 1,110,207
Prepaid expenses and other current assets 20,461 20,474
Total current assets 1,307,937 1,392,426
Other assets 23,211 20,279
Total assets 1,331,148 1,412,705
Current liabilities:    
Accounts payable 22,136 30,158
Accrued expenses and other current liabilities 58,915 61,013
Total current liabilities 81,051 91,171
Related party revenue share liability 75,730 73,160
Other liabilities 0 35
Total liabilities 156,781 164,366
Commitments and contingencies (Note 8)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued or outstanding 0 0
Additional paid-in capital 2,257,422 2,218,407
Accumulated other comprehensive income (loss) (1,355) 2,353
Accumulated deficit (1,081,708) (972,429)
Total stockholders' equity 1,174,367 1,248,339
Total liabilities and stockholders' equity 1,331,148 1,412,705
Common Class A [Member]    
Stockholders' equity:    
Common stock 7 7
Class B Convertible Common Stock [Member]    
Stockholders' equity:    
Common stock $ 1 $ 1