v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 549,769 $ 752,502
Investments, short-term 118,022 22,838
Trade receivables, net 110,995 96,787
Inventory, net 6,360 5,357
Prepaid expenses 19,311 16,014
Other current assets 9,877 13,516
Total current assets 814,334 907,014
NONCURRENT ASSETS:    
Investments, long-term 294,668 107,127
Intangible assets, net 77,496 89,418
Deferred tax asset 156,765 149,699
Other noncurrent assets 29,821 18,373
Total noncurrent assets 558,750 364,617
TOTAL ASSETS 1,373,084 1,271,631
CURRENT LIABILITIES:    
Trade payables 21,684 17,693
Accrued compensation 12,091 18,443
Accrued expenses 169,128 191,039
Current portion of long-term debt 20,000 20,000
Other current liabilities 11,167 4,957
Total current liabilities 234,070 252,132
NONCURRENT LIABILITIES:    
Long-term debt, net 133,961 143,663
Other noncurrent liabilities 5,810 5,618
Total noncurrent liabilities 139,771 149,281
TOTAL LIABILITIES 373,841 401,413
COMMITMENTS AND CONTINGENCIES (Note 13)
STOCKHOLDERS' EQUITY:    
Common stock-$0.00001 par value; 500,000,000 shares authorized at June 30, 2026 and December 31, 2025, respectively; 58,120,695 and 57,726,170 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 1 1
Additional paid in capital 731,147 708,968
Accumulated other comprehensive (loss) income (727) 346
Retained earnings 268,822 160,903
TOTAL STOCKHOLDERS' EQUITY 999,243 870,218
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,373,084 $ 1,271,631