v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (14,868) $ (71,015)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation 17,356 18,506
Amortization of intangibles 15,267 16,486
Stock-based compensation 17,852 22,968
Non-cash operating lease expense 3,226 3,346
Non-cash finance lease amortization 322 7
Amortization of debt issue costs 20 69
Amortization of convertible debt discount 753 1,164
Gain on debt extinguishment (11,181) 0
Impairment charges 0 20,041
Other adjustments (15) (340)
Changes in assets and liabilities, net    
Accounts receivable, net (16,163) 397
Inventories 1,429 (7,147)
Prepaid and other assets (2,852) (1,136)
Operating lease liabilities (2,599) (187)
Finance lease liabilities 70 0
Deferred income tax liabilities, net (1,395) (1,534)
Accrued compensation 8,685 (14,340)
Accounts payable and other liabilities (4,085) 7,718
Net cash provided by (used in) operating activities 11,822 (4,997)
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturities of marketable securities 0 11,060
Purchases of property and equipment (13,219) (10,823)
Business acquisition, net of cash acquired 0 (5,991)
Purchase of convertible note (100) 0
Net cash used in investing activities (13,319) (5,754)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of convertible debt, net of discount 305,434 0
Repayment of convertible debt (262,890) (201,250)
Premiums paid for capped call confirmations (28,747) 0
Proceeds received from capped call terminations 77 0
Repurchases of common stock (25,000) 0
Repayment of financing leases (1,313) (7)
Proceeds from issuance of common stock under employee stock purchase plan 1,752 2,266
Proceeds from issuance of common stock upon exercise of stock options 1,273 74
Employee taxes paid related to net share settlement of restricted stock (3,168) (2,567)
Net cash used in financing activities (12,582) (201,484)
Net change in cash and cash equivalents, including cash classified within current assets held for sale (14,079) (212,235)
Less: net change in cash classified within current assets held for sale 0 (54)
Net change in cash and cash equivalents (14,079) (212,289)
Cash and cash equivalents, beginning of period 159,618 367,012
Cash and cash equivalents, end of period 145,539 154,723
Supplemental disclosure of cash flow information:    
Interest paid 732 1,258
Income taxes paid 711 458
Supplemental disclosure of non-cash investing and financing information:    
Purchases of property and equipment included in accounts payable $ 1,929 $ 915