v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 127,951 $ 95,635
Accounts receivable, net of reserves — $5,719 and $3,608 80,174 83,806
Inventories 121,847 127,496
Prepaid expenses and other current assets 35,639 39,770
Total current assets 365,611 346,707
Property and equipment, net 49,697 49,249
Intangible assets, net 15,646 16,614
Goodwill 15,404 15,575
Operating lease right-of-use assets 41,170 45,364
Finance lease right-of-use assets 7,160 7,774
Long-term deferred income tax assets 2,443 2,787
Other assets 38,113 37,658
Total assets 535,244 521,728
Current liabilities:    
Current portion of long-term debt, net of deferred financing costs 3,944 3,944
Current operating lease liabilities 9,266 11,583
Accounts payable 32,425 41,017
Accrued and other liabilities 39,781 46,656
Customer deposits and deferred revenue 22,182 17,423
Total current liabilities 107,598 120,623
Long-term debt, net of deferred financing costs 87,240 86,394
Long-term operating lease liabilities 41,238 45,420
Long-term deferred income tax liabilities 2,818 2,740
Other liabilities 22,787 24,000
Total liabilities 261,681 279,177
Commitments and contingencies (Note 12)
Redeemable non-controlling interest 0 2,193
Stockholders’ equity:    
Preferred stock, 5,000 shares authorized; $0.001 par value; no shares issued and outstanding as of June 30, 2026 and December 31, 2025 0 0
Common stock, $0.001 par value, authorized 220,000 shares; shares issued 166,149 and 145,581 as of June 30, 2026 and December 31, 2025, respectively 166 146
Additional paid-in capital 1,677,775 1,620,399
Accumulated deficit (1,349,645) (1,332,360)
Accumulated other comprehensive loss (54,733) (47,827)
Total stockholders’ equity 273,563 240,358
Total liabilities, redeemable non-controlling interest and stockholders’ equity $ 535,244 $ 521,728