v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 56,274 $ 63,707
Investments 219,688 215,799
Accounts receivable, net 29,350 35,448
Inventory, net 51,022 49,285
Prepaid expenses and other current assets 13,164 10,793
Short-term restricted cash 19 20
Total current assets 369,517 375,052
Property and equipment, net 24,376 24,146
Operating lease right-of-use assets, net 40,846 41,695
Long-term restricted cash 1,571 1,532
Intangible assets, net 14,104 15,124
Goodwill 317,761 317,761
Other long-term assets 14,190 8,773
Total assets 782,365 784,083
Current liabilities    
Accounts payable 13,609 20,770
Accrued expenses 33,904 33,646
Deferred revenue, current 16,330 15,936
Operating lease liabilities, current 277 448
Other liabilities, current 1,235 2,031
Total current liabilities 65,355 72,831
Deferred revenue, non-current 3,554 3,929
Operating lease liabilities, non-current 59,004 56,592
Convertible senior notes, net, non-current 644,107 645,382
Other liabilities, non-current 7,979 0
Total liabilities 779,999 778,734
Commitments and contingencies
Stockholders’ equity    
Preferred stock 0 0
Common stock 311 302
Additional paid-in capital 2,705,779 2,699,892
Accumulated other comprehensive (loss) income (147) 457
Accumulated deficit (2,703,577) (2,695,302)
Total stockholders’ equity 2,366 5,349
Total liabilities and stockholders’ equity $ 782,365 $ 784,083