v3.25.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 120,553 $ 159,169
Restricted cash 26,978 26,924
Accounts receivable, net of allowance for credit losses of $2,714 and $2,236 23,347 15,847
Inventories 8,410 11,546
Prepaids and other current assets 16,567 14,021
Total current assets 195,855 227,507
Property and equipment, net 16,461 23,544
Intangible assets, net 32,576 30,246
Goodwill 6,160 6,160
Equity securities, including securities measured at fair value of $24,067 and $21,640 71,619 78,186
Operating lease right-of-use assets 5,762 6,858
Other long-term assets, net 29,639 29,453
Total assets 358,072 401,954
Current liabilities:    
Accounts payable 111,414 81,939
Accrued liabilities 47,090 73,614
Unearned revenue 37,662 43,095
Operating lease liabilities, current 811 1,342
Short-term debt, net 18,461 24,871
Total current liabilities 215,438 224,861
Operating lease liabilities, non-current 6,095 6,452
Other long-term liabilities 5,334 7,909
Total liabilities 226,867 239,222
Commitments and contingencies (Note 9)
Stockholders' equity:    
Preferred stock, $0.0001 par value, authorized shares - 5,000, issued and outstanding - none 0 0
Common stock, $0.0001 par value, authorized shares - 100,000 6 5
Additional paid-in capital 1,102,079 1,072,869
Accumulated deficit (799,691) (740,466)
Treasury stock at cost - 6,917 and 6,491 (171,526) (169,676)
Total stockholders' equity 130,868 162,732
Equity attributable to noncontrolling interests 337 0
Total stockholders' equity 131,205 162,732
Total liabilities and stockholders' equity $ 358,072 $ 401,954