v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 143,555 $ 102,702
Restricted cash 604 604
Accounts receivable - net 36,421 30,664
Inventory - net 28,878 18,166
Prepaid expenses and other current assets 33,809 26,336
Total current assets 243,267 178,472
Property and equipment - net 11,824 12,373
Right-of-use assets - net 10,145 10,515
Intangible assets - net 132,371 141,528
Goodwill - net 283,674 283,915
Deferred tax assets - net 1,238 1,123
Investments 5,383 5,365
Other assets 3,833 3,575
Total assets 691,735 636,866
Current liabilities:    
Accounts payable 224,771 153,418
Accrued expenses and other current liabilities 123,253 125,957
Deferred revenue 19,145 19,973
Current maturities of long-term debt 3,930 3,930
Total current liabilities 371,099 303,278
Long-term debt - net 382,631 383,431
Long-term lease liabilities 15,860 16,452
Other liabilities 17,537 18,834
Total Liabilities 787,127 721,995
Commitments and contingencies (Note 13)
Shareholders' deficit    
Additional paid-in capital 1,372,262 1,368,067
Treasury stock, at cost, 949,665 shares at March 31, 2026 and December 31, 2025 (93,920) (93,920)
Accumulated deficit (1,374,103) (1,359,472)
Accumulated other comprehensive income 346 173
Total Shareholders' equity (95,392) (85,129)
Total liabilities and shareholders' deficit 691,735 636,866
Class A Common Stock    
Shareholders' deficit    
Common Stock $ 23 $ 23