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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue:    
Total revenue $ 37,153 $ 38,810
Cost of Revenue:    
Amortization of acquired intangible assets 4,345 1,343
Loss on purchase commitment 4,068 0
Total cost of revenue 38,524 27,528
Gross (loss) profit (1,371) 11,282
Operating Expense:    
Research and development 29,053 43,455
Sales, general and administrative 40,168 43,753
Impairment charges 15,000 0
Amortization of acquired intangible assets 362,042 5,506
Change in fair value of contingent consideration (18,700) (70)
Total operating expense 427,563 92,644
Operating loss (428,934) (81,362)
Interest expense (1,737) (3,575)
Other income, net 4,294 6,759
Loss before benefit from income taxes (426,377) (78,178)
Income tax provision (302) 0
Consolidated net loss (426,075) (78,178)
Other comprehensive income:    
Unrealized loss on investments (41) (525)
Comprehensive loss $ (426,116) $ (78,703)
Net loss per share:    
Basic (in dollars per share) $ (1.44) $ (0.29)
Diluted (in dollars per share) $ (1.44) $ (0.29)
Weighted average shares outstanding used in calculating net loss per share:    
Basic (in shares) 296,858 269,578
Diluted (in shares) 296,858 269,578
Product revenue    
Revenue:    
Total revenue $ 31,113 $ 35,009
Cost of Revenue:    
Cost of revenue 26,333 22,447
Service and other revenue    
Revenue:    
Total revenue 6,040 3,801
Cost of Revenue:    
Cost of revenue $ 3,778 $ 3,738