v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 74,120 $ 85,212
Marketable securities 60,438 55,973
Accounts receivable 48,028 37,629
Inventory, net 11,932 10,650
Prepaid expenses and other current assets 10,319 8,504
Total current assets 204,837 197,968
Operating lease right-of-use assets 24,978 25,613
Property and equipment, net 40,120 32,893
Goodwill 12,926 0
Intangible assets, net 176,689 158,600
Other assets 4,313 4,306
Total assets 463,863 419,380
Current liabilities:    
Accounts payable and accrued expenses 49,239 30,983
Short-term lease liabilities 3,083 3,336
Other current liabilities 19,084 20,498
Total current liabilities 71,406 54,817
Long-term debt, net of current portion 51,683 51,913
Long-term lease liabilities 59,619 60,919
Other liabilities 3,275 5,519
Deferred taxes 747 965
Total liabilities 186,730 174,133
Purchase commitments and contingencies (Note 10)
Stockholders’ Equity:    
Preferred Stock, $0.0001 par value: 1,000,000 shares authorized, 0 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 0 0
Class A common stock, $0.0001 par value: 1,000,000,000 shares authorized, 28,708,058 and 28,016,545 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 2 2
Additional paid-in capital 1,624,513 1,596,889
Accumulated deficit (1,348,194) (1,352,474)
Accumulated other comprehensive income 812 830
Total stockholders’ equity 277,133 245,247
Total liabilities and stockholders’ equity $ 463,863 $ 419,380