v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 64,814 $ 72,806
Short-term restricted cash 1,492 1,419
Accounts receivable, net 51,037 46,122
Inventory 105,490 78,104
Prepaid expenses and other current assets 75,829 50,390
Total current assets 298,662 248,841
Long-term restricted cash 27,426 27,187
Property and equipment, net 41,207 48,873
Leased right-of-use assets 19,724 15,506
Intangible assets, net 43,780 48,892
Goodwill 318,588 318,588
Deferred tax assets 62,361 77,268
Other long-term assets 10,823 11,241
Total assets 822,571 796,396
Current liabilities:    
Accounts payable 40,401 37,916
Accrued price protection liability 31,192 26,493
Accrued expenses and other current liabilities 58,244 72,392
Accrued compensation 38,287 49,219
Total current liabilities 168,124 186,020
Long-term lease liabilities 15,465 12,313
Long-term debt 123,926 123,618
Other long-term liabilities 30,216 22,550
Total liabilities 337,731 344,501
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 25,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.0001 par value; 550,000 shares authorized; 90,692 shares issued and outstanding at June 30, 2026 and 86,451 shares issued and outstanding at December 31, 2025 9 9
Additional paid-in capital 1,027,265 951,262
Accumulated other comprehensive income 1,349 1,030
Accumulated deficit (543,783) (500,406)
Total stockholders’ equity 484,840 451,895
Total liabilities and stockholders’ equity $ 822,571 $ 796,396