| Metric | Q1 '25 | Q1 '26 |
|---|---|---|
| Other operating expenses | $31.2M | $132.6M |
| Total operating expenses | $31.2M | $132.6M |
| Total stock-based compensation | $0.0 | $84.7M |
| Stock-Based Compensation Expense (Pre-tax) | $0.0 | $84.7M |
| Allocated Share-Based Compensation Expense | $0.0 | $84.7M |
| Share-Based Compensation (Operating) | $0.0 | $84.7M |
| Share-Based Compensation Expense Before Income Taxes | $0.0 | $84.7M |
| Stock-based compensation expense | $0.0 | $84.7M |
| Stock-Based Compensation (Before Tax) | $0.0 | $84.7M |
| Selling, general and administrative | $26.8M | $36.7M |
| Transaction costs | $31.0K | $5.9M |
| Research and development | $4.4M | $5.3M |