v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 43,510 $ 96,405
Restricted cash 1,973 1,726
Accounts receivable, net 220,203 231,885
Inventory 87,811 78,806
Other current assets 52,132 45,663
Total current assets 405,629 454,485
Property and equipment, net 61,137 65,559
Intangible assets, net 124,384 143,344
Goodwill 300,892 300,892
Deferred income taxes 182,727 174,318
Operating lease right-of-use assets 41,895 46,240
Other assets 26,158 27,417
Total assets 1,142,822 1,212,255
Current liabilities:    
Current portion of term debt 8,750 8,750
Accounts payable 87,077 79,840
Accrued expenses and other 82,512 90,759
Operating lease liabilities 11,655 11,699
Warrant liability 1,007  
Deferred revenue 118,333 124,425
Total current liabilities 309,334 315,473
Long-term debt, net of current 320,606 324,525
Warrant liability   1,919
Operating lease liabilities, net of current 56,000 60,159
Deferred revenue, net of current 34,632 31,654
Deferred income taxes 5,728 5,728
Other long-term liabilities 23,950 23,803
Total liabilities 750,250 763,261
Commitments and contingencies (Note 20)
Stockholders' equity:    
Common stock, $0.0001 par value per share; 390,000,000 shares authorized; 178,771,961 and 175,776,074 shares issued and outstanding at June 30, 2026, and December 31, 2025, respectively. 18 18
Additional paid-in capital 1,981,940 1,976,958
Accumulated deficit (1,595,909) (1,534,549)
Accumulated other comprehensive income 6,523 6,567
Total stockholders' equity 392,572 448,994
Total liabilities and stockholders' equity $ 1,142,822 $ 1,212,255