Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024
Cash flows from operating activities
Net income (loss)	$ (71,965)	$ 1,779,301
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization	1,336	836
Accretion of debt discount and non-cash interest expense	1,159	2,065
Stock-based compensation expense	5,220	52,571
Non-cash lease expense	878	941
Non-cash gain on transaction with Acquirer	0	(1,998,809)
Changes in operating assets and liabilities:
Accounts receivable	119	(100)
Other receivables	(689)	(345)
Receivables from related parties	23	(164)
Prepaid expenses and other current assets	952	(3,446)
Other non-current assets	22	(3,581)
Accounts payable	(953)	21,472
Accrued expenses	(1,412)	29,853
Operating lease liability	(538)	(1,002)
Net cash used in operating activities	(65,848)	(120,408)
Cash flows from investing activities
Purchase of fixed assets	(21)	(2,334)
Net cash used in investing activities	(21)	(2,334)
Cash flows from financing activities
Proceeds from the issuance of debt	99,965	0
Payment of fees associated with debt	(125)	0
Proceeds from the exercise of stock options	0	71,678
Net cash provided by financing activities	99,840	71,678
Net increase (decrease) in cash and cash equivalents	33,971	(51,064)
Cash and cash equivalents at beginning of period	152,596	277,924
Cash and cash equivalents at end of period	186,567	226,860
Supplemental disclosure of cash flow information
Cash paid for interest	3,842	11,506
Cash paid for income taxes	2	2
Supplemental schedule of non-cash investing and financing activities
Fair value of warrants issued to lender in conjunction with 2025 Loan Agreement (as defined in Note 3)	1,720	0
Payable for purchase of fixed assets	$ 0	$ 207