v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 28, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 174,298 $ 209,904
Short-term investments 93,581 113,132
Accounts receivable, net of allowance for doubtful accounts of $455 as of June 28, 2026 and $466 as of December 31, 2025 152,820 142,045
Inventories 174,933 176,456
Prepaid expenses and other current assets 38,031 31,745
Total current assets 633,663 673,282
Property and equipment, net 25,378 26,001
Operating lease right-of-use assets 32,149 36,715
Intangible assets, net 35,643 38,480
Goodwill 45,022 45,022
Other non-current assets 16,847 16,771
Total assets 788,702 836,271
Current liabilities:    
Accounts payable 54,036 43,749
Accrued employee compensation 25,671 34,731
Other accrued liabilities 149,189 144,028
Deferred revenue 25,458 26,904
Income taxes payable 1,042 809
Total current liabilities 255,396 250,221
Non-current income taxes payable 6,707 7,176
Non-current operating lease liabilities 35,506 41,016
Other non-current liabilities 34,668 40,035
Total liabilities 332,277 338,448
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock: $0.001 par value; 5,000,000 shares authorized; none issued or outstanding
Common stock: $0.001 par value; 200,000,000 shares authorized; shares issued and outstanding: 27,142,599 as of June 28, 2026 and 27,943,198 as of December 31, 2025 27 28
Additional paid-in capital 1,057,325 1,036,545
Accumulated other comprehensive income (loss) (32) 196
Accumulated deficit (600,895) (538,946)
Total stockholders' equity 456,425 497,823
Total liabilities and stockholders’ equity $ 788,702 $ 836,271