v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net (loss) income $ (9,299) $ 9,616
Adjustments to reconcile net (loss) income to net cash from operating activities    
Share-based compensation 4,974 8,784
Amortization of intangible assets 7,067 6,801
Depreciation of property and equipment 1,092 2,567
Amortization of other assets 2,448 2,197
Amortization of debt issuance costs 2,000 1,640
Inventory write-down 742 2,478
Provision for estimated credit losses 651 1,577
Change in fair value of warrant liabilities 0 (139)
Gain on exchange and repurchases of convertible senior notes, net (1,019) (18,089)
Deferred income taxes (450) 818
Other, net 3,406 (3,998)
Changes in operating assets and liabilities:    
Accounts receivable 3,375 2,281
Inventories 469 9,089
Prepaid expenses, other current assets, and income tax receivable (17,640) 568
Accounts payable, accrued expenses, and income tax payable 3,105 (9,721)
Other, net (3,804) (3,827)
Net cash (used for) provided by operating activities (2,883) 12,642
Cash flows from investing activities:    
Cash paid for intangible assets (2,203) (2,560)
Cash paid for property and equipment (651) (137)
Net cash used for investing activities (2,854) (2,697)
Cash flows from financing activities:    
Repurchase of 2026 Notes in connection with exchange 0 (392,583)
Issuance of 2028 Notes in connection with exchange, net 0 238,302
Repurchase of 2026 Notes (20,161) (18,372)
Payment of tax withholdings on vested stock awards (969) (958)
Net cash used for financing activities (21,130) (173,611)
Net change in cash, cash equivalents, and restricted cash (26,867) (163,666)
Effect of foreign currency translation on cash 268 5,603
Cash, cash equivalents, and restricted cash beginning of period 232,673 370,063
Cash, cash equivalents, and restricted cash end of period $ 206,074 $ 212,000