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Consolidated Balance Sheets
$ in Thousands, $ in Millions
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Current assets:    
Cash and cash equivalents $ 128,500 $ 156,325
Marketable securities 405,313 469,289
Total cash, cash equivalents, and marketable securities 533,826 625,614
Accounts and accrued receivable 58,293 33,616
Restricted cash 25,000 25,000
Other current assets 111,113 67,140
Total current assets 728,232 751,370
Long-term assets:    
Property and equipment, net 428,003 340,429
Intangible assets, net 38,381 42,113
Goodwill 47,806 47,806
Investments in equity accounted investees 62,580 82,297
Other long-term assets 51,948 96,538
Total long-term assets 628,718 609,183
Total assets 1,356,950 1,360,553
Current liabilities:    
Accounts payable and other current liabilities 50,781 55,004
Contingent consideration payable 0 8,087
Deferred revenue 13,526 13,521
Total current liabilities 64,307 76,612
Long-term liabilities:    
Operating lease liability 137,403 60,743
Deferred government contributions 174,453 149,893
Deferred tax liability 9,115 10,052
Other long-term liabilities 4,768 7,169
Total long-term liabilities 325,739 227,857
Total liabilities 390,046 304,469
Commitments and contingencies
Shareholders' equity:    
Common shares: no par value, unlimited authorized shares at December 31, 2024 and December 31, 2025: 295,757,002 and 300,600,710 shares issued and outstanding at December 31, 2024 and December 31, 2025, respectively 802,341 777,171
Additional paid-in capital 198,279 166,361
Accumulated other comprehensive loss (4,234) (4,378)
Accumulated earnings (deficit) (29,482) 116,930
Total shareholders' equity 966,904 1,056,084
Total liabilities and shareholders' equity $ 1,356,950 $ 1,360,553