v3.26.1
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 204,595 $ 183,641
Restricted cash 0 560
Marketable securities 245,095 233,627
Accounts receivable, net 96,028 85,057
Inventory 4,377 4,372
Other receivables 2,281 2,052
Prepaid expenses 9,613 13,473
Total current assets 561,989 522,782
Restricted cash, non-current 2,001 2,002
Inventory, non-current 2,525 2,532
Property and equipment, net 20,489 11,665
Intangible assets, net 6,885 7,366
Operating lease right-of-use assets 9,911 10,080
Long-term investments 6,682 3,870
Other assets 660 1,861
Total assets 611,142 562,158
Current liabilities:    
Accounts payable 40,141 16,387
Accrued payroll and benefits 11,887 17,779
Other accrued liabilities 123,725 101,529
Total current liabilities 175,753 135,695
Long-term debt, net 72,762 72,438
Other long-term liabilities 15,895 10,599
Total liabilities 264,410 218,732
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.0001 par value; 200,000,000 shares authorized; 43,271,347 shares issued and outstanding at June 30, 2026 (unaudited); 42,553,931 shares issued and outstanding at December 31, 2025 6 6
Additional paid-in capital 799,429 769,667
Accumulated other comprehensive income (loss) (557) 381
Accumulated deficit (452,146) (426,628)
Total stockholders’ equity 346,732 343,426
Total liabilities and stockholders’ equity $ 611,142 $ 562,158