v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
CURRENT ASSETS:      
Cash and cash equivalents $ 161,189 $ 86,737 $ 111,687
Accounts receivable, net of allowance of $885 and $135, respectively 12,476 13,982  
Inventories 15,124 15,477  
Prepaid expenses and other current assets 4,076 4,070  
Total current assets 192,865 120,266  
RESTRICTED CASH 152 1,503  
PROPERTY AND EQUIPMENT, net 14,521 15,421  
OPERATING LEASE RIGHT OF USE ASSETS 6,012 6,900  
FINANCE LEASE RIGHT OF USE ASSETS 930   0
INTANGIBLE ASSETS, net 62,727 72,195  
GOODWILL 163,215 163,215  
OTHER ASSETS 9,019 10,478  
Total assets 449,441 389,978  
CURRENT LIABILITIES:      
Accounts payable and other accrued expenses 16,927 10,754  
Accrued compensation expenses 4,398 8,623  
Operating lease liabilities, current 1,789 1,767  
Finance lease liabilities, current 315 0  
Total current liabilities 23,429 21,144  
OPERATING LEASE LIABILITIES NONCURRENT 4,714 5,553  
FINANCE LEASE LIABILITIES NONCURRENT 619 0  
EARNOUT LIABILITY 30,059 10,208  
DEFERRED TAX LIABILITIES 406 441  
NONCURRENT LIABILITIES 1,337 4,619  
Total liabilities 60,564 41,965  
COMMITMENTS AND CONTINGENCIES (Note 15)  
STOCKHOLDERS’ EQUITY:      
Additional paid-in capital 839,550 732,784  
Accumulated other comprehensive loss (7) (7)  
Accumulated deficit (450,690) (384,786)  
Total stockholders’ equity 388,877 348,013 $ 388,100
Total liabilities and stockholders’ equity 449,441 389,978  
Class A Common Stock      
STOCKHOLDERS’ EQUITY:      
Common stock, par value 24 22  
Class B Common Stock      
STOCKHOLDERS’ EQUITY:      
Common stock, par value $ 0 $ 0