v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 121,747 $ 111,042
Trade accounts receivable, net 58,105 51,050
Inventory, net 80,930 68,673
Prepaid expenses and other current assets 13,975 9,548
Total current assets 274,757 240,313
Property and equipment, net 4,834 4,945
Operating lease right-of-use assets 21,773 22,112
Goodwill 22,859 22,859
Other assets 82,657 88,078
Other assets 5,025 5,220
Total assets 411,905 383,527
Current Liabilities    
Accounts payable 9,337 3,076
Current portion of long-term debt 63,783 0
Current operating lease liabilities 6,310 6,232
Other accrued liabilities 39,706 33,155
Accrued trade discounts and rebates 46,858 43,253
Accrued returns reserve 18,598 18,969
Other current liabilities 4,976 4,889
Total current liabilities 189,568 109,574
Debt, net of unamortized debt issuance costs, non-current portion 188,807 220,335
Non-current operating lease liabilities 30,542 31,531
Other liabilities 12,722 8,398
Total liabilities 421,639 369,838
Commitments and contingencies (Note 13)
Stockholders' Equity    
Preferred stock—par value $0.0001, 25,000,000 shares authorized and no shares issued and outstanding as of June 30, 2026 and December 31, 2025 0 0
Common stock—par value $0.0001, 350,000,000 shares authorized as of June 30, 2026 and December 31, 2025; 173,591,637 and 166,215,410 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 18 17
Additional paid in capital 690,432 685,004
Accumulated deficit (700,174) (671,307)
Accumulated other comprehensive loss (10) (25)
Total stockholders' (deficit) equity (9,734) 13,689
Total liabilities and stockholders' equity $ 411,905 $ 383,527