v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 67,554 $ 96,405
Restricted cash 2,045 1,726
Accounts receivable, net 204,058 231,885
Inventory 81,463 78,806
Other current assets 53,379 45,663
Total current assets 408,499 454,485
Property and equipment, net 64,077 65,559
Intangible assets, net 134,233 143,344
Goodwill 300,892 300,892
Deferred income taxes 181,834 174,318
Operating lease right-of-use assets 44,010 46,240
Other assets 26,157 27,417
Total assets 1,159,702 1,212,255
Current liabilities:    
Current portion of term debt 8,750 8,750
Accounts payable 77,293 79,840
Accrued expenses and other 77,890 90,759
Operating lease liabilities 11,601 11,699
Warrant liability 682  
Deferred revenue 122,619 124,425
Total current liabilities 298,835 315,473
Long-term debt, net of current 322,975 324,525
Warrant liability   1,919
Operating lease liabilities, net of current 57,042 60,159
Deferred revenue, net of current 32,423 31,654
Deferred income taxes 5,728 5,728
Other long-term liabilities 23,597 23,803
Total liabilities 740,600 763,261
Commitments and contingencies (Note 20)
Stockholders' equity:    
Common stock, $0.0001 par value per share; 390,000,000 shares authorized; 175,507,629 and 175,776,074 shares issued and outstanding at March 31, 2026, and December 31, 2025, respectively. 18 18
Additional paid-in capital 1,981,988 1,976,958
Accumulated deficit (1,569,038) (1,534,549)
Accumulated other comprehensive income 6,134 6,567
Total stockholders' equity 419,102 448,994
Total liabilities and stockholders' equity $ 1,159,702 $ 1,212,255