v3.26.1
Condensed Consolidated Balance Sheet Details
 6 Months Ended
Jun. 30, 2026
Balance Sheet Related Disclosures [Abstract]  
Condensed Consolidated Balance Sheet Details Condensed Consolidated Balance Sheet Details
Prepaid expenses and other
The following table shows the components of Prepaid expenses and other (in thousands):
June 30, 2026December 31, 2025
Current portion of IRA vendor rebates$51,380 $152,036 
Prepaid taxes27,841 27,319 
Other25,355 21,753 
Total prepaid expenses and other$104,576 $201,108 

Other assets
The following table shows the components of Other assets (in thousands):
June 30, 2026December 31, 2025
IRA vendor rebates, net of current portion$91,313 $10,922 
Other17,889 18,796 
Total other assets$109,202 $29,718 

Contingent consideration
The following table shows the components of contingent consideration (in thousands):
June 30, 2026December 31, 2025
Current portion of contingent consideration
TRA
$1,622 $2,757 
Earnout Consideration
9,353 11,794 
Total current portion of contingent consideration
$10,975 $14,551 
Contingent consideration, net of current portion
TRA
$4,565 $5,495 
Earnout Consideration
9,031 7,244 
Total contingent consideration, net of current portion
$13,596 $12,739 

See Note 12 – Commitments and Contingencies for discussion and analysis of the TRA (as defined below) and Earnout Consideration.

Accrued Expenses
Accrued expenses consisted of the following (in thousands):
June 30, 2026December 31, 2025
Accrued payables
$44,721 $14,185 
Accrued payroll expenses
31,850 17,135 
Accrued interest
5,282 5,564 
Other accrued expenses
19,648 17,405 
Accrued expenses
$101,501 $54,289 
During the fourth quarter of 2025, the Company approved a plan to resize certain aspects of its international operations to better align its cost structure with future business needs. The Company’s severance liabilities totaled $0.8 million and $1.2 million as of June 30, 2026 and December 31, 2025, respectively, and are included in Accrued expenses in the Company’s condensed consolidated balance sheets. The Company utilized $0.4 million thereby reducing the accrual during the three and six months ended June 30, 2026. The Company expects the reorganization to be substantially complete in 2026.

Leases
The following table summarizes the Company’s right-of-use (“ROU”) assets and lease liabilities (in thousands):
June 30, 2026December 31, 2025
Lease assets
Finance lease ROU assets$48,300 $48,791 
Operating lease ROU assets, including $24,645 and $26,419, respectively, from leases with related parties
44,080 48,297 
Lease assets$92,380 $97,088 
Current portion of lease liabilities
Finance lease liabilities, current portion$506 $188 
Operating lease liabilities, current portion, including $630 and $592, respectively, from leases with related parties
6,905 7,474 
Current portion of lease liabilities$7,411 $7,662 
Lease liabilities, net of current portion
Finance lease liabilities, long-term portion$43,172 $42,264 
Operating lease liabilities, long-term portion, including $24,900 and $26,050, respectively, from leases with related parties
44,554 47,288 
Lease liabilities, net of current portion$87,726 $89,552