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Fair Value Measurements (Tables) | 9 Months Ended
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Sep. 30, 2025
Fair Value Disclosures [Abstract] |
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis | The following tables summarize the Company’s assets and liabilities that are measured at fair value on a recurring basis:
| September 30, 2025 | Basis of fair value measurement
(in thousands) | Level 1 | Level 2 | Level 3
Assets |  |  |  |
Cash and cash equivalents: |  |  |  |
Cash | $ | 436,675 |  | $ | 436,675 |  | $ | — |  | $ | — |
Money market funds | 223,161 |  | 223,161 |  | — |  | — |
Restricted cash | 7,309 |  | 7,309 |  | — |  | — |
Total | $ | 667,145 |  | $ | 667,145 |  | $ | — |  | $ | — |
| December 31, 2024 | Basis of fair value measurement
(in thousands) | Level 1 | Level 2 | Level 3
Assets |  |  |  |
Cash and cash equivalents: |  |  |  |
Cash | $ | 198,050 |  | $ | 198,050 |  | $ | — |  | $ | — |
Money market funds | 235,812 |  | 235,812 |  | $ | — |  | $ | — |
Bank deposits | 160,487 |  | 160,487 |  | — |  | — |
Restricted cash | 8,675 |  | 8,675 |  | — |  | — |
Total | $ | 603,024 |  | $ | 603,024 |  | $ | — |  | $ | — |
Schedule of Financial Instruments Not Measured at Fair Value | The following tables summarize the Company’s financial instruments that are not measured at fair value:
| Book values |  | Fair values
(in thousands) | September 30, 2025 | December 31, 2024 |  | September 30, 2025 | December 31, 2024
Liabilities |  |  |  |  |
Notes payable and financing lease liabilities, current | $ | 8,919 |  | $ | 8,425 |  |  | $ | 8,919 |  | $ | 8,425 |
Notes payable and financing lease liabilities, non-current | 11,902 |  | 19,022 |  |  | 11,902 |  | 19,022 |
Total liabilities | $ | 20,821 |  | $ | 27,447 |  |  | $ | 20,821 |  | $ | 27,447 |

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- Definition Tabular disclosure of information about fair value of asset and liability not measured at fair value. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2E -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2E + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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