v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 59,687 $ 19,624
Accounts receivable, net 74,363 82,122
Inventories 76,259 98,831
Prepaid expenses and other current assets 11,334 14,272
Total current assets 221,643 214,849
Property, plant, and equipment, net 29,124 33,703
Operating lease right-of-use assets 35,766 38,201
Intangible assets, net 366,205 387,050
Other non-current assets 2,002 2,173
Total assets 654,740 675,976
Current Liabilities    
Accounts payable 10,872 14,135
Accrued expenses 50,322 62,668
Current portion of notes payable 250 250
Current portion of operating lease liabilities 1,757 2,650
Other current liabilities 371 382
Total current liabilities 63,572 80,085
Notes payable, net of current portion 400,162 399,590
Operating leases liabilities, net of current portion 22,177 23,040
Deferred tax liability 0 1,861
Other non-current liabilities 1,540 552
Total liabilities 487,451 505,128
Commitments and contingencies—See Note 10
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 25,000,000 shares authorized and no shares issued or outstanding as of June 30, 2026 and December 31, 2025 0 0
Common stock value 0 0
Additional paid-in capital 977,114 974,386
Accumulated deficit (809,701) (804,066)
Accumulated other comprehensive income (loss) (124) 528
Total stockholders’ equity 167,289 170,848
Total liabilities and stockholders’ equity $ 654,740 $ 675,976