v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 345,830 $ 289,049
Accounts receivable, net of allowance 207,720 177,214
Inventory 318,298 294,737
Prepaid expenses and other current assets 22,092 31,575
Total current assets 893,940 792,575
Property and equipment, net 53,740 41,087
Intangible assets, net 13,856 16,694
Goodwill 37,841 37,769
Operating lease right-of-use assets 48,910 28,164
Other non-current assets 24,311 31,350
Total assets 1,072,598 947,639
Current Liabilities:    
Accounts payable 300,258 274,977
Accrued expenses 67,098 53,818
Operating lease liabilities, current 10,401 8,826
Other current liabilities 2,362 921
Total current liabilities 380,119 338,542
Operating lease liabilities, non-current 40,909 22,009
Other non-current liabilities 5,938 6,093
Total liabilities 426,966 366,644
Commitments and contingencies (Note 10)
Stockholders' equity:    
Additional paid-in capital 559,802 551,648
Accumulated other comprehensive income 219 448
Retained earnings 85,434 28,722
Total stockholders' equity 645,632 580,995
Total liabilities and stockholders' equity 1,072,598 947,639
Series A Common Stock    
Stockholders' equity:    
Common stock 155 155
Series B Common Stock    
Stockholders' equity:    
Common stock $ 22 $ 22