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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net loss $ (536,637) $ (284,755)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 64,223 23,543
Stock-based compensation 87,460 50,904
Asset impairment 5,956 108
Lease expense 17,019 11,155
Loss on disposal of a business 4,502 0
Acquired IPR&D 22,082 0
Other, net 6,655 (650)
Changes in operating assets and liabilities:    
Other receivables and assets 33,775 (4,173)
Prepaid data assets 29,601 2,930
Accrued data liability 20,258 0
Unearned revenue (30,014) (22,374)
Accounts payable (7,035) (1,687)
Accrued development expense (4,210) (2,623)
Accrued expenses and other current liabilities (23,246) (5,001)
Lease liabilities (16,124) (11,121)
Net cash used in operating activities (325,735) (243,744)
Cash flows from investing activities    
Purchases of property and equipment (5,225) (12,397)
Purchase of an intangible asset (2,158) (3,000)
Decrease in cash related to disposal of a business (4,438) 0
Purchases of investments (3,806) 0
Net cash used in investing activities (15,627) (15,397)
Cash flows from financing activities    
Proceeds from issuance of common shares, net of issuance costs 395,484 289,387
Proceeds from equity incentive plans 3,300 6,433
Repayment of long-term debt and finance lease liabilities (6,258) (2,339)
Purchase of an intangible asset (3,000) 0
Net cash provided by financing activities 389,526 293,481
Effect of exchange rate changes on cash, cash equivalents and restricted cash 15,957 66
Net change in cash, cash equivalents and restricted cash 64,121 34,406
Cash, cash equivalents and restricted cash, beginning of period 603,024 401,425
Cash, cash equivalents and restricted cash, end of period 667,145 435,831
Supplemental schedule of non-cash investing and financing activities    
Issuance of shares for the acquisition of an asset 20,315 0
Accrued property and equipment 29 236
Purchase of an equity investment 4,438 0
Purchase of an intangible asset $ 0 $ 6,000