v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 20,259 $ 82,840
Restricted cash 1,418 1,882
Marketable securities 2,580 99,827
Accounts receivable 5,960 14,272
Inventory 6,656 14,908
Prepaid expenses and other current assets 20,063 31,498
Total current assets 56,936 245,227
Property and equipment, net 34,950 52,281
Operating lease right-of-use assets 14,115 31,479
Intangible assets, net 10,017 15,556
Goodwill 1,750 3,994
Other non-current assets 13,575 16,676
Total assets 131,343 365,213
Current liabilities:    
Accounts payable 4,741 18,972
Accrued and other current liabilities 19,430 31,567
Operating lease liabilities 2,035 10,049
Current portion of long-term debt 110,905 0
Total current liabilities 137,111 60,588
Debt 0 500,516
Operating lease liabilities, non-current 3,674 24,083
Other non-current liabilities 184 815
Total liabilities not subject to compromise 140,969 586,002
Liabilities subject to compromise 467,373 0
Total liabilities 608,342 586,002
Commitments and contingencies (see Note 18)
Stockholders' deficit:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, no shares issued and outstanding as of December 31, 2025 and 2024 0 0
Additional paid-in capital 2,315,081 2,204,814
Accumulated other comprehensive loss (474) (295)
Treasury stock, at cost, 1,457,563 shares as of December 31, 2025 and 2024 (312,477) (312,477)
Accumulated deficit (2,479,137) (2,112,835)
Total stockholders' deficit (476,999) (220,789)
Total liabilities and stockholders' deficit 131,343 365,213
Class A Common Stock [Member]    
Stockholders' deficit:    
Common stock 7 3
Class B Common Stock [Member]    
Stockholders' deficit:    
Common stock $ 1 $ 1

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