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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Loss Before Provision for Income Taxes Included in Certain Components

For financial reporting purposes, loss before provision for income taxes for the years ended December 31, 2025, 2024, and 2023 included the following components (in thousands):

			Year Ended December 31,
			2025						2024						2023
Domestic			$	(232,317)					$	(989,958)					$	(192,665)
International			(3,213)						(3,695)						(26,943)
Total			$	(235,530)					$	(993,653)					$	(219,608)

Schedule of Provision for Income Taxes in Certain Components

The provision for income taxes was comprised of the following components (in thousands):

			Year Ended December 31,
			2025						2024						2023
Current federal			$	(546)					$	1,344					$	—
Current state			218						3,892						1,439
Current foreign			6,527						3,501						1,225
Total current			6,199						8,737						2,664
Deferred federal			(34,178)						210						(3,946)
Deferred state			(4,750)						(784)						5,388
Deferred foreign			(2,479)						(571)						(3,346)
Total deferred			(41,407)						(1,145)						(1,904)
Provision for income taxes			$	(35,208)					$	7,592					$	760

Schedule of Reconciliation of the Statutory Federal Income Tax Rate to the Effective Income Tax Rate

The provision for income taxes differs from the amount computed by applying the statutory federal income tax rate to income before provision for income taxes. The sources and tax effects of the differences are as follows (dollar amounts in thousands):

			Year Ended December 31,
			2025												2024												2023
Expense/(Benefit)			Amount						Percent						Amount						Percent						Amount						Percent
U.S. federal statutory rate			$	(49,461)					21.0		%				$	(208,667)					21.0		%				$	(46,118)					21.0		%
State and local income taxes, net of federal income tax effect (1)			(3,687)						1.6						(2,251)						0.2						7,459						(3.4)
Foreign tax effects
Canada
Valuation allowances			3,868						(1.6)						1,900						(0.2)						3,117						(1.4)
Other			(1,900)						0.8						200						0.0						50						0.0
Australia
Goodwill impairment			2,651						(1.1)						—						0.0						—						0.0
Other			12						0.0						(400)						0.0						23						0.0
Other foreign jurisdictions
Other			63						0.0						1,949						(0.3)						371						(0.1)
Tax credits
Research & development tax credits			(7,354)						3.1						—						0.0						—						0.0
Foreign tax credits			873						(0.4)						1,136						(0.1)						1,439						(0.7)
Changes in valuation allowances			20,873						(8.9)						(5,095)						0.5						2,020						(0.9)
Nontaxable or nondeductible items
Goodwill impairment			3,348						(1.4)						165,900						(16.7)						—						0.0
Stock compensation			14,072						(6.0)						43,153						(4.3)						35,166						(16.0)
Other			1,490						(0.6)						422						0.0						(1,593)						0.7
Changes in unrecognized tax benefits			(20,056)						8.5						9,345						(0.9)						(1,174)						0.5
Effective tax rate			$	(35,208)					15.0		%				$	7,592					(0.8)		%				$	760					(0.3)		%

(1)State taxes in Texas, California, Illinois, and Pennsylvania made up greater than 50 percent of the tax effect in state and local taxes.

Schedule of Deferred Tax Assets and Liabilities

The Company’s deferred tax assets and liabilities consisted of the following (in thousands):

			As of
			December 31,						December 31,
			2025						2024
Deferred tax assets:
Net operating loss carryforwards			$	541,845					$	541,791
Accrued expenses and compensation			8,984						5,308
Stock-based compensation			13,391						16,747
Foreign tax credits and alternative minimum tax credits			—						873
Research and development credits			29,271						—
Depreciation of property and equipment			1,615						2,144
Operating lease assets			10,419						10,065
Deferred revenue			3,272						3,941
Capitalized research and development			60,588						65,382
Goodwill			9,674						—
Other			16,861						17,286
Deferred tax assets			695,920						663,537
Valuation allowance			(453,423)						(416,701)
Net deferred tax assets			242,497						246,836
Deferred tax liabilities:
Operating lease assets			(4,878)						(5,068)
Intangible assets			(256,485)						(284,774)
Other			(10,079)						(6,845)
Deferred tax liabilities			(271,442)						(296,687)
Net deferred tax liabilities			$	(28,945)					$	(49,851)

Schedule of Cash Flow, Supplemental Disclosures

The cash paid for income taxes, net of refunds, was comprised of the following components (in thousands):

			Year Ended December 31,
			2025						2024						2023
Federal			$	1,200					$	600					$	—
State			3,237						4,390						5,841
Foreign			4,308						3,956						1,397
Total			$	8,745					$	8,946					$	7,238
State income taxes paid, net of refunds, that were greater than 5% of total income taxes paid
Texas			$	868					$	—					$	1,500
Illinois			$	280					$	700					$	1,060
Pennsylvania			$	282					$	563					$	1,330
California			$	509					$	909					$	—
Foreign income taxes paid, net of refunds, that were greater than 5% of total income taxes paid
Canada			$	804					$	1,098					$	967
Spain			$	2,293					$	467					$	—
Portugal			$	—					$	453					$	—
United Kingdom			$	953					$	1,447					$	—

Schedule of Reconciliation of Gross Unrecognized Tax Benefits

The following table presents a reconciliation of the beginning and ending amount of the gross unrecognized tax benefits for the years ended December 31, 2025, 2024, and 2023 (in thousands):

			Year Ended December 31,
			2025						2024						2023
Balance at beginning of the period			$	191,308					$	171,566					$	143,798
Unrecognized tax benefits assumed in a business combination			—						—						—
Additions based on current year tax positions			20,050						8,725						6,677
(Reductions) additions based on prior year tax positions			(6,423)						11,017						21,091
Statute of limitations expirations			—						—						—
Releases			(21,086)						—						—
Balance at end of the period			$	183,849					$	191,308					$	171,566

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