v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 62,818 $ 90,634
Short-term investments 393,178 202,032
Accounts receivable, net 162,065 165,491
Inventories 135,106 128,769
Prepaid and other current assets 51,472 31,217
Total current assets 804,639 618,143
Property and equipment, net 84,501 83,580
Operating lease right-of-use assets 100,185 96,172
Equity method investment 132,271 60,351
Other long-term assets 32,606 22,866
Total assets 1,154,202 881,112
Current liabilities:    
Accounts payable 64,130 47,067
Accrued expenses 25,539 21,012
Employee-related liabilities 53,261 70,409
Operating lease liabilities 20,265 19,472
Deferred revenue 8,430 9,527
Other current liabilities 81,380 75,237
Total current liabilities 253,005 242,724
Convertible senior notes, net - long-term 602,577 310,036
Operating lease liabilities - long-term 116,411 114,967
Deferred revenue - long-term 7,776 8,474
Other long-term liabilities 44,045 49,741
Total liabilities 1,023,814 725,942
Commitments and contingencies (Note 14) 0 0
Stockholders’ equity:    
Common stock, $0.001 par value; 200,000 shares authorized, 69,540 and 68,291 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 70 68
Additional paid-in capital 1,418,011 1,402,044
Accumulated other comprehensive income 6,403 5,593
Accumulated deficit (1,294,096) (1,252,535)
Total stockholders’ equity 130,388 155,170
Total liabilities and stockholders’ equity $ 1,154,202 $ 881,112