v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 158,702 $ 213,752
Investments in marketable securities 72,296 36,194
Accounts receivable 105,849 101,099
Inventories 154,875 118,782
Prepaid expenses and other current assets 46,285 34,909
Total current assets 538,007 504,736
Operating lease right-of-use assets, net 21,988 22,278
Property and equipment, less accumulated depreciation of $30,991 and $28,775 at June 30, 2025 and December 31, 2024, respectively 28,570 29,383
Intangible assets, less accumulated amortization of $7,430 and $5,802 at June 30, 2025 and December 31, 2024, respectively 15,570 17,198
Goodwill 197,797 197,797
Other non-current assets 13,371 13,641
Total Assets 815,303 785,033
Current liabilities:    
Accounts payable 13,893 12,947
Accrued expenses and other current liabilities 145,144 127,300
Operating lease liabilities 8,610 8,455
Total current liabilities 167,647 148,702
Long-term debt 391,322 390,111
Operating lease liabilities 43,383 45,078
Other non-current liabilities 8,647 7,097
Total liabilities 610,999 590,988
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value, 500,000,000 shares authorized, 308,064,329 and 299,041,653 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 3,016 2,944
Common stock in treasury, at cost; 7,390 shares as of June 30, 2025 (71) 0
Additional paid-in capital 2,956,839 2,926,115
Accumulated other comprehensive income (loss):    
Foreign currency translation adjustment 30,935 5,302
Unrealized loss on available-for-sale securities (129) (207)
Warrants 0 71
Accumulated deficit (2,786,286) (2,740,180)
Total stockholders’ equity 204,304 194,045
Total Liabilities and Stockholders’ Equity $ 815,303 $ 785,033