v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 227,914 $ 286,503
Accounts receivable, net 107,606 83,533
Inventory 77,061 70,694
Prepaid expenses and other current assets 7,704 9,648
Total current assets 420,285 450,378
Restricted cash, non-current 3,038 3,038
Property and equipment, net 31,832 30,399
Operating lease right-of-use assets, net 16,773 17,538
Intangible assets, net 571 709
Other assets 6,853 6,019
Total assets 479,352 508,081
Current liabilities:    
Accounts payable 15,069 17,285
Accrued compensation 20,443 23,175
Deferred revenue 14,088 13,048
Operating lease, current 2,505 2,214
Other current liabilities 12,091 10,073
Total current liabilities 64,196 65,795
Long-term debt 51,715 51,615
Operating lease, non-current 23,280 24,654
Other non-current liabilities 91 147
Total liabilities 139,282 142,211
Commitments and contingencies (see Note 11)
Stockholders’ equity:    
Preferred stock, $0.00001 par value; Authorized shares: 10,000 at June 30, 2026 and December 31, 2025Issued and outstanding shares: none at June 30, 2026 and December 31, 2025 0 0
Common stock, $0.00001 par value; Authorized shares: 300,000 at June 30, 2026 and December 31, 2025 Issued and outstanding shares: 56,897 and 56,323 at June 30, 2026 and December 31, 2025, respectively 0 0
Additional paid-in capital 1,040,104 1,007,390
Accumulated other comprehensive gain (loss) 22 37
Accumulated deficit (700,056) (641,557)
Total stockholders’ equity 340,070 365,870
Total liabilities and stockholders’ equity $ 479,352 $ 508,081