v3.26.1
Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Common stock, par value (in USD per share) $ 0.001 $ 0.001
Common stock, shares authorized (in shares) 400,000,000 400,000,000
Common stock, at cost (in shares) 258,703,000 258,108,000
Common stock, shares outstanding (in shares) 253,341,000 256,906,000
Treasury stock, shares (in shares) 5,362,000 1,202,000
Prepaid expenses and other current assets [1] $ 67,422 $ 128,806
Accounts payable [2] 202,101 137,930
Accrued expenses [3] 264,558 230,721
Accrued promotional allowance [4] 453,043 307,922
Deferred revenue-current [5] 31,460 26,988
Related Party    
Accounts receivable-net 387,200 349,100
Prepaid expenses and other current assets 0 64,200
Accounts payable 35,800 28,600
Accrued expenses 4,000 1,800
Accrued promotional allowance 247,600 128,900
Deferred revenue-current $ 30,700 $ 26,300
Series A Convertible Preferred Stock    
Mezzanine equity, par value (in USD per share) $ 0.001 $ 0.001
Mezzanine equity, shares issued (in shares) 1,467,000 1,467,000
Mezzanine equity, shares outstanding (in shares) 1,467,000 1,467,000
Series B Convertible Preferred Stock    
Mezzanine equity, par value (in USD per share) $ 0.001 $ 0.001
Mezzanine equity, shares issued (in shares) 390,000 390,000
Mezzanine equity, shares outstanding (in shares) 390,000 390,000
[1] Includes no amounts from a related party as of June 30, 2026 and $64.2 million from a related party as of December 31, 2025.
[2] Includes $35.8 million and $28.6 million due to a related party as of June 30, 2026 and December 31, 2025, respectively.
[3] Includes $4.0 million and $1.8 million due to a related party as of June 30, 2026 and December 31, 2025, respectively.
[4] Includes $247.6 million and $128.9 million due to a related party as of June 30, 2026 and December 31, 2025, respectively.
[5] Includes $30.7 million and $26.3 million due to a related party as of June 30, 2026 and December 31, 2025, respectively.