v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 154,723 $ 367,012
Marketable securities, at fair value 8,962 19,832
Accounts receivable, net 153,125 150,540
Inventories 34,171 26,748
Prepaid assets 22,831 20,165
Other current assets 9,785 11,722
Assets held for sale (Note 3) 8,956 0
Total current assets 392,553 596,019
Property and equipment (net of accumulated depreciation of $200,689 and $189,990, respectively) 85,462 94,103
Operating lease right-of-use assets 82,870 79,583
Intangible assets, net 301,795 339,681
Goodwill 524,143 522,766
Other assets 7,127 5,886
Total non-current assets 1,001,397 1,042,019
Total assets 1,393,950 1,638,038
Current liabilities    
Accounts payable 27,492 21,607
Accrued compensation 48,557 62,443
Accrued expenses and other liabilities 18,479 12,624
Current portion of operating lease liabilities 4,052 3,381
Current portion of convertible senior notes, net 0 200,777
Contract liabilities 1,084 409
Liabilities held for sale (Note 3) 456 0
Total current liabilities 100,120 301,241
Long-term liabilities    
Operating lease liabilities 66,616 60,841
Convertible senior notes, net 341,095 340,335
Deferred income tax liabilities, net 19,976 21,510
Other long-term liabilities 12,103 11,772
Total long-term liabilities 439,790 434,458
Total liabilities 539,910 735,699
Commitments and contingencies (Note 12)
Stockholders’ equity    
Common stock, $0.001 par value, (250,000,000 shares authorized; 128,681,713 and 128,145,333 shares issued and outstanding, respectively) 128 128
Additional paid-in capital 1,250,679 1,228,198
Accumulated other comprehensive income (loss) 29 (206)
Accumulated deficit (396,796) (325,781)
Total stockholders' equity 854,040 902,339
Total liabilities and stockholders’ equity $ 1,393,950 $ 1,638,038