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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net loss $ (1,824) $ (42,988)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,745 379
Non-cash lease expense 371 1,113
Loss on disposal of property and equipment 0 2
Stock-based compensation expense 5,787 3,022
Warrant liabilities revaluation (2,472) 2,866
Contingent value right liability revaluation (35,646) 36,800
Forward contract liabilities revaluation 0 6,890
Changes in operating assets and liabilities:    
Accounts receivable 518 (26,169)
Unbilled receivable 0 (491)
Prepaid expenses, deposits and other assets (5,124) 2,848
Accounts payable 231 (290)
Deferred revenue 0 (5,849)
Accrued expenses and other liabilities (4,215) (8,496)
Net cash used in operating activities (40,629) (30,363)
Cash flows from investing activities    
Purchases of property and equipment (3,670) (2,189)
Net cash used in investing activities (3,670) (2,189)
Cash flows from financing activities    
Equity offering costs (479) 0
Proceeds from exercise of common warrants 0 2,877
Proceeds from issuance of Series A Preferred Stock, gross in private placement 0 40,000
Proceeds from exercise of stock options 268 274
Payments of contingent value rights distributions (7,754) 0
Net cash (used in) provided by financing activities (7,965) 43,151
Effect of exchange rate changes on cash 44 9
Net change in cash, cash equivalents, and restricted cash (52,220) 10,608
Cash, cash equivalents, and restricted cash at beginning of period 214,279 78,288
Cash, cash equivalents, and restricted cash at end of period 162,059 88,896
Non-cash investing and financing activities    
Purchase of property and equipment not yet paid $ 688 $ 2,879