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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock [Member]
Treasury Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Other Comprehensive (Loss) Income [Member]
Accumulated Deficit [Member]
Balance at Dec. 31, 2024 $ 1,527,742 $ 10   $ 5,738,924 $ (218) $ (4,210,974)
Balance (in shares) at Dec. 31, 2024   96,900,000        
Exercise of options for common stock 9,036     9,036    
Exercise of options for common stock, shares   146,000        
Vest of restricted stock units, Shares   1,135,000        
Cumulative effect of accounting change to adopt ASU 2025-07 47,400         47,400
Issuance of common stock under employee stock purchase plan 6,645     6,645    
Issuance of common stock under employee stock purchase plan, shares   74,000        
Stock-based compensation 46,556     46,556    
Unrealized gains (losses) on investments, net of tax 252       252  
Net Income (Loss) (447,508)         (447,508)
Balance at Mar. 31, 2025 1,190,123 $ 10   5,801,161 34 (4,611,082)
Balance (in shares) at Mar. 31, 2025   98,255,000        
Balance at Dec. 31, 2024 1,527,742 $ 10   5,738,924 (218) (4,210,974)
Balance (in shares) at Dec. 31, 2024   96,900,000        
Repurchases of common stock (25,013)          
Net Income (Loss) (301,184)          
Balance at Sep. 30, 2025 1,496,899 $ 11 $ (25,263) 5,986,689 220 (4,464,758)
Balance (in shares) at Sep. 30, 2025   105,419,000        
Treasury Stock, shares at Sep. 30, 2025     (651,000)      
Balance at Mar. 31, 2025 1,190,123 $ 10   5,801,161 34 (4,611,082)
Balance (in shares) at Mar. 31, 2025   98,255,000        
Exercise of options for common stock 1,500     1,500    
Exercise of options for common stock, shares   57,000        
Vest of restricted stock units, Shares   45,000        
Repurchases Of Common Stock Shares     (651,000)      
Repurchases of common stock (25,263)   $ (25,263)      
Stock-based compensation 41,618     41,618    
Unrealized gains (losses) on investments, net of tax (85)       (85)  
Net Income (Loss) 196,892         196,892
Balance at Jun. 30, 2025 1,404,785 $ 10 $ (25,263) 5,844,279 (51) (4,414,190)
Balance (in shares) at Jun. 30, 2025   98,357,000        
Treasury Stock, shares at Jun. 30, 2025     (651,000)      
Exercise of options for common stock 26     26    
Exercise of options for common stock, shares   2,000        
Vest of restricted stock units, Shares   25,000        
Issuance of common stock Share   1,107,000        
Issuance of common stock 20,000     20,000    
Issuance of common stock for the August 2025 Exchange, net of issuance costs Shares   5,851,000        
Issuance of common stock for the August 2025 Exchange, net of issuance costs 104,935 $ 1   104,934    
Restructuring charge (134)     (134)    
Issuance of common stock under employee stock purchase plan 1,188     1,188    
Issuance of common stock under employee stock purchase plan, shares   77,000        
Stock-based compensation 16,396     16,396    
Unrealized gains (losses) on investments, net of tax 271       271  
Net Income (Loss) (50,568)         (50,568)
Balance at Sep. 30, 2025 1,496,899 $ 11 $ (25,263) 5,986,689 220 (4,464,758)
Balance (in shares) at Sep. 30, 2025   105,419,000        
Treasury Stock, shares at Sep. 30, 2025     (651,000)      
Balance at Dec. 31, 2025 $ 1,140,622 $ 11 $ (25,263) 6,042,586 272 (4,876,984)
Balance (in shares) at Dec. 31, 2025   105,615,000        
Treasury Stock, shares at Dec. 31, 2025 650,876   (651,000)      
Exercise of options for common stock $ 241     241    
Exercise of options for common stock, shares   25,000        
Vest of restricted stock units, Shares   587,000 (5,000)      
Stock-based compensation 33,673     33,673    
Unrealized gains (losses) on investments, net of tax (393)       (393)  
Net Income (Loss) 330,959         330,959
Balance at Mar. 31, 2026 1,505,102 $ 11 $ (25,263) 6,076,500 (121) (4,546,025)
Balance (in shares) at Mar. 31, 2026   106,227,000        
Treasury Stock, shares at Mar. 31, 2026     (656,000)      
Balance at Dec. 31, 2025 $ 1,140,622 $ 11 $ (25,263) 6,042,586 272 (4,876,984)
Balance (in shares) at Dec. 31, 2025   105,615,000        
Treasury Stock, shares at Dec. 31, 2025 650,876   (651,000)      
Repurchases of common stock $ 0          
Net Income (Loss) 297,608          
Balance at Sep. 30, 2026 $ 1,528,853 $ 11 $ (25,013) 6,134,817 (1,586) (4,579,376)
Balance (in shares) at Sep. 30, 2026   107,888,000        
Treasury Stock, shares at Sep. 30, 2026 655,642   (656,000)      
Balance at Mar. 31, 2026 $ 1,505,102 $ 11 $ (25,263) 6,076,500 (121) (4,546,025)
Balance (in shares) at Mar. 31, 2026   106,227,000        
Treasury Stock, shares at Mar. 31, 2026     (656,000)      
Vest of restricted stock units, Shares   52,000        
Stock-based compensation 28,030     28,030    
Unrealized gains (losses) on investments, net of tax (444)       (444)  
Net Income (Loss) (4,890)         (4,890)
Balance at Jun. 30, 2026 1,527,798 $ 11 $ (25,263) 6,104,530 (565) (4,550,915)
Balance (in shares) at Jun. 30, 2026   106,279,000        
Treasury Stock, shares at Jun. 30, 2026     (656,000)      
Vest of restricted stock units, Shares   1,609,000        
Reversal of excise tax on repurchases of common stock 250   $ 250      
Stock-based compensation 30,287     30,287    
Unrealized gains (losses) on investments, net of tax (1,021)       (1,021)  
Net Income (Loss) (28,461)         (28,461)
Balance at Sep. 30, 2026 $ 1,528,853 $ 11 $ (25,013) $ 6,134,817 $ (1,586) $ (4,579,376)
Balance (in shares) at Sep. 30, 2026   107,888,000        
Treasury Stock, shares at Sep. 30, 2026 655,642   (656,000)