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Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Common stock, par value (in USD per share) $ 0.001 $ 0.001
Common stock, shares authorized (in shares) 400,000,000 400,000,000
Common stock, shares issued (in shares) 257,784,000 235,014,000
Common stock, shares outstanding (in shares) 257,784,000 235,014,000
Prepaid expenses and other current assets [1] $ 163,395 $ 18,759
Accounts payable [2] 97,794 41,287
Accrued expenses [3] 311,768 148,780
Accrued promotional allowance [4] 234,068 135,948
Deferred revenue-current [5] 25,557 9,513
Deferred revenue-non-current [6] 387,432 157,714
Related Party    
Accounts receivable-net 192,300 168,200
Prepaid expenses and other current assets 126,600 0
Accounts payable 2,300 1,700
Accrued expenses 300 200
Accrued promotional allowance 95,300 75,100
Deferred revenue-current 24,500 9,500
Deferred revenue-non-current $ 387,400 $ 157,700
Series A Convertible Preferred Stock    
Mezzanine equity, par value (in USD per share) $ 0.001 $ 0.001
Mezzanine equity, shares issued (in shares) 1,466,666 1,466,666
Mezzanine equity, shares outstanding (in shares) 1,466,666 1,466,666
Series B Convertible Preferred Stock    
Mezzanine equity, par value (in USD per share) $ 0.001 $ 0.001
Mezzanine equity, shares issued (in shares) 390,000 0
Mezzanine equity, shares outstanding (in shares) 390,000 0
[1] Includes $126.6 million from a related party as of September 30, 2025 and no related party balance as of December 31, 2024.
[2] Includes $2.3 million and $1.7 million due to a related party as of September 30, 2025 and December 31, 2024, respectively.
[3] Includes $0.3 million and $0.2 million due to a related party as of September 30, 2025 and December 31, 2024, respectively.
[4] Includes $95.3 million and $75.1 million due to a related party as of September 30, 2025 and December 31, 2024, respectively.
[5] Includes $24.5 million and $9.5 million due to a related party as of September 30, 2025 and December 31, 2024, respectively.
[6] Includes $387.4 million and $157.7 million due to a related party as of September 30, 2025 and December 31, 2024, respectively.