v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 36,182 $ 29,839
Marketable securities 63,083 88,393
Accounts receivable, net of allowance for expected credit losses 26,776 29,972
Inventory 50,959 54,763
Prepaid expenses and other current assets 8,725 9,290
Total current assets 185,725 212,257
Restricted cash 3,344 3,341
Property and equipment, net 21,369 23,672
Intangible assets, net 109,161 131,787
Goodwill 26,710 26,376
Operating lease right-of-use assets 15,861 16,664
Other non-current assets 4,502 4,669
Total assets 366,672 418,766
Current liabilities:    
Accounts payable 8,657 13,568
Accrued compensation and benefits 9,850 14,979
Accrued expenses and other current liabilities 8,275 17,571
Deferred revenue 15,190 20,728
Operating lease liabilities 7,933 7,916
Total current liabilities 49,905 74,762
Deferred revenue, net of current portion 2,795 5,830
Operating lease liabilities, net of current portion 27,403 29,323
Non-current portion of contingent liabilities 3,547 5,024
Other non-current liabilities 883 8,097
Total liabilities 84,533 123,036
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Common stock: $0.001 par value; Authorized: 120,000; Issued and outstanding: 47,061 and 46,744 shares at March 31, 2026 and December 31, 2025 47 47
Additional paid-in capital 877,877 873,637
Accumulated other comprehensive loss (1,013) (723)
Accumulated deficit (594,772) (577,231)
Total stockholders’ equity 282,139 295,730
Total liabilities and stockholders’ equity $ 366,672 $ 418,766