v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 111,453 $ 167,611
Marketable securities 1,141,505 1,021,205
Accounts receivable, net 192,469 83,202
Inventory 113,781 58,979
Prepaid expenses and other current assets 92,687 31,033
Total current assets 1,651,895 1,362,030
Property and equipment, net 119,284 92,038
Goodwill 91,557 19,015
Other assets 68,765 58,740
Total assets 1,931,501 1,531,823
Current liabilities    
Accounts payable 53,930 42,362
Accrued expenses and other current liabilities 110,377 90,680
Total current liabilities 164,307 133,042
Other liabilities 41,490 35,147
Total liabilities 205,797 168,189
Commitments and contingencies (Note 8)
Stockholders’ equity    
Common stock, $0.0001 par value; 1,000,000 shares authorized as of June 30, 2026 and December 31, 2025; 173,485 and 170,186 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 17 17
Additional paid-in capital 1,485,320 1,348,969
Accumulated other comprehensive (loss) income (3,369) 4,310
Retained earnings 243,736 10,338
Total stockholders’ equity 1,725,704 1,363,634
Total liabilities and stockholders’ equity $ 1,931,501 $ 1,531,823