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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net loss $ (468,005) $ (251,497)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation 7,790 6,739
Amortization of intangible assets 367,409 13,706
Amortization of right-of-use assets 2,162 5,858
Share-based compensation expense 21,096 36,744
Impairment charges 15,000 93,200
Accretion of discount and amortization of premium on marketable securities, net (2,982) (7,572)
Change in the estimated fair value of contingent consideration (18,700) (70)
Inventory provision 8,542 3,922
Deferred income taxes (546) 0
Other 1,059 702
Changes in assets and liabilities    
Accounts receivable, net (4,733) 4,182
Inventory, net (3,868) (16,767)
Prepaid expenses and other assets 6,809 3,559
Accounts payable (505) 3,390
Accrued expenses (2,407) (23,250)
Deferred revenue 808 3,046
Operating lease liabilities (1,730) (4,748)
Other liabilities (632) (1,089)
Net cash used in operating activities (73,433) (129,945)
Cash flows from investing activities    
Purchases of property and equipment (1,939) (5,358)
Purchases of intangible assets (5,000) 0
Purchases of investments (117,992) (303,564)
Maturities of investments 195,448 351,623
Net cash provided by investing activities 70,517 42,701
Cash flows from financing activities    
Proceeds from issuance of common stock from equity plans 1,959 6,891
Notes payable principal payoff 0 (490)
Net cash provided by financing activities 1,959 6,401
Net decrease in cash, cash equivalents, and restricted cash (957) (80,843)
Cash, cash equivalents, and restricted cash at beginning of period 57,592 182,633
Cash, cash equivalents, and restricted cash at end of period 56,635 101,790
Cash and cash equivalents at end of period 54,803 99,526
Restricted cash at end of period 1,832 2,264
Cash, cash equivalents, and restricted cash at end of period 56,635 101,790
Supplemental disclosure of non-cash investing and financing activities    
Right-of-use asset and lease liability recognized due to lease extension $ 29,575 $ 0