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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 6 Months Ended
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Jun. 30, 2025
Accounting Policies [Abstract] |
Schedule of Restricted Cash and Cash Equivalents | The following table provides a reconciliation of cash, cash equivalents and restricted cash in the condensed consolidated balance sheets to the total amount shown at the end of the applicable period in the condensed consolidated statements of cash flows:
| June 30, 2025 |  | December 31, 2024
(In thousands) |  |  |
Cash and cash equivalents | $ | 510,575 |  |  | $ | 189,825 |
Restricted cash | 6,338 |  |  | 6,352 |
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows | $ | 516,913 |  |  | $ | 196,177 |
Schedule of Cash and Cash Equivalents | The following table provides a reconciliation of cash, cash equivalents and restricted cash in the condensed consolidated balance sheets to the total amount shown at the end of the applicable period in the condensed consolidated statements of cash flows:
| June 30, 2025 |  | December 31, 2024
(In thousands) |  |  |
Cash and cash equivalents | $ | 510,575 |  |  | $ | 189,825 |
Restricted cash | 6,338 |  |  | 6,352 |
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows | $ | 516,913 |  |  | $ | 196,177 |
Schedule of Outstanding Potentially Dilutive Securities Excluded from Calculation of Basic and Diluted Net Loss Per Share | The following table sets forth the outstanding potentially dilutive securities that have been excluded in the calculation of basic and diluted net loss per share because doing so would be anti-dilutive (in common stock equivalent shares):
| Three and Six Months Ended June 30, |  |
| 2025 |  | 2024 |  |  |  |
Common stock warrants | 866 |  |  | 866 |  |  |  |  |
Series A Convertible Preferred Stock | 13,633,830 |  |  | — |  |  |  |  |
Series X Convertible Preferred Stock | 487,604 |  |  | 1,052,236 |  |  |  |  |
Common stock options and RSUs issued and outstanding | 3,173,210 |  |  | 800,148 |  |  |  |  |
Total | 17,295,510 |  |  | 1,853,250 |  |  |  |  |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(1)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 8 -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482913/230-10-50-8 + Details
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