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INCOME TAXES - Reconciliation of Income Tax Expense (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Income Tax Disclosure [Abstract]    
Expected income tax expense (benefit) at federal statutory rate $ 354,390 $ (50,684)
State income tax expense (benefit), net of federal benefit 10,106 (3,568)
Permanent items 6,842 1,524
R&D credits (28,602) (2,322)
Unrecognized tax benefits (FIN 48) (4,651) 1,054
Elimination of deferred tax assets and liabilities upon Transaction with Acquirer 195,694 0
Non-taxable gain related to Transaction with Acquirer (410,226) 0
336(e) election 665 0
Return to provision true-ups 0 (420)
Valuation allowance (124,216) 54,419
Income tax expense $ 2 $ 3