v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 118,662 $ 160,806
Accounts receivable, net of allowances of $11,180 and $12,685, respectively 110,126 97,304
Inventories 194,888 169,444
Prepaid expenses and other current assets 25,339 23,322
Total current assets 449,015 450,876
Property and equipment, net 139,237 135,324
Right-of-use assets 29,186 31,225
Goodwill 74,167 75,208
Intangible assets, net 88,296 93,454
Other assets 11,125 5,121
Total assets 791,026 791,208
Current liabilities:    
Accounts payable 62,105 40,893
Accrued expenses and other current liabilities 93,145 97,019
Contract liabilities 11,104 10,439
Short-term debt 65,012 64,526
Current portion of operating lease liabilities 6,600 6,298
Total current liabilities 237,966 219,175
Long-term debt 510,742 501,412
Operating lease liabilities, less current portion 21,670 23,856
Other long-term liabilities 9,114 10,736
Commitments and contingencies (Note 8)
Redeemable preferred stock, $0.0001 par value; 20,000 shares authorized at June 30, 2026 and December 31, 2025; 3,319 shares issued and outstanding at June 30, 2026 and December 31, 2025 23,603 23,603
Stockholders' (deficit) equity:    
Common stock, $0.0001 par value; 400,000 authorized; 154,491 shares issued and outstanding at June 30, 2026; and 150,257 shares issued and outstanding at December 31, 2025 16 15
Treasury stock, 1,808 shares, at cost at June 30, 2026 and December 31, 2025 (25,097) (25,097)
Additional paid-in capital 1,503,816 1,466,377
Accumulated other comprehensive loss (6,674) (4,426)
Accumulated deficit (1,484,130) (1,424,443)
Total stockholders' (deficit) equity (12,069) 12,426
Total liabilities and stockholders' (deficit) equity $ 791,026 $ 791,208