v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 109,295 $ 100,092
Short-term investments 36,045 37,407
Accounts receivable (net of allowance for doubtful accounts of $13 and $13, respectively) 72,383 84,634
Inventory 18,351 17,560
Other current assets 7,990 7,744
Total current assets 244,064 247,437
Property and equipment, net 107,113 108,397
Intangible assets, net 5,469 5,625
Right-of-use assets 63,409 64,774
Long-term investments 65,284 61,395
Other long-term assets 288 341
Total assets 485,627 487,969
Current liabilities:    
Accounts payable 19,009 15,828
Accrued expenses 13,967 19,236
Current portion of operating lease liabilities 14,063 13,969
Other current liabilities 116 116
Total current liabilities 47,155 49,149
Operating lease liabilities 80,362 82,284
Other long-term liabilities 1,879 1,896
Total liabilities 129,396 133,329
COMMITMENTS AND CONTINGENCIES (Note 12)
Shareholders’ equity:    
Common stock, no par value; shares authorized — 75,000; shares issued and outstanding — 51,010 and 50,620, respectively 738,998 730,662
Accumulated other comprehensive (loss) gain (168) 275
Accumulated deficit (382,599) (376,297)
Total shareholders’ equity 356,231 354,640
Total liabilities and shareholders’ equity $ 485,627 $ 487,969