v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 82,233 $ 119,709
Marketable investment securities 193,697 173,421
Accounts receivable, net 52,311 51,218
Inventory 8,366 8,135
Prepaid expenses and other current assets 12,061 7,671
Total current assets 348,668 360,154
Long-term accounts receivable, net 1,132 918
Property and equipment, net 74,060 51,122
Operating lease assets 15,503 11,584
Goodwill and other intangible assets, net 104,125 106,229
Other assets – long-term 1,241 1,228
Total assets 544,729 531,235
Current Liabilities    
Accounts payable 13,181 6,901
Accrued compensation 24,973 32,555
Contingent consideration 1,000 0
Operating lease liabilities 1,571 1,665
Current portion of long-term debt 1,944 278
Other accrued and current liabilities 8,221 7,993
Total current liabilities 50,890 49,392
Long-term debt 8,096 9,745
Noncurrent portion of contingent consideration 1,500 0
Noncurrent operating lease liabilities 25,377 14,345
Noncurrent finance lease liabilities 364 311
Deferred tax liability 3,126 1,607
Total liabilities 89,353 75,400
Commitments and Contingencies (Note 12)
Stockholders’ Equity    
Preferred stock, $0.001 par value per share; 10,000,000 shares authorized as of June 30, 2025 and December 31, 2024; no shares issued and outstanding as of June 30, 2025 and December 31, 2024 0 0
Common stock, $0.001 par value per share; 200,000,000 shares authorized as of June 30, 2025 and December 31, 2024; 28,981,151 and 28,483,195 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 29 28
Additional paid-in capital 676,759 655,703
Accumulated deficit (221,451) (200,126)
Accumulated other comprehensive income 39 230
Total stockholders’ equity 455,376 455,835
Total liabilities and stockholders’ equity $ 544,729 $ 531,235