v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 151,708 $ 156,857
Restricted cash 1,713 1,713
Accounts receivable, net of allowances of $4,131 and $4,172 40,278 35,270
Inventories 27,948 38,249
Prepaid expenses and other current assets 26,847 9,964
Total current assets 248,494 242,053
Property, plant and equipment, net 83,607 98,400
Assets held for sale 32,174 32,712
Operating lease right-of-use assets 16,266 18,014
Finance lease right-of-use assets 5,546 6,131
Other long-term assets 6,848 9,369
Total assets 392,935 406,679
Current liabilities:    
Accounts payable 20,958 13,243
Accrued expenses 19,129 12,952
Deferred revenue 25,534 1,259
Finance obligation for sale and leaseback transactions 4,875 4,443
Operating lease liabilities 2,947 3,245
Finance lease liabilities 1,860 1,768
Long term debt - current portion 23,346 25,115
Total current liabilities 98,649 62,025
Revolving line of credit 10,880 14,346
Long term debt 56,975 65,455
Deferred revenue long-term 9,738  
Finance obligation for sale and leaseback transactions long-term 2,391 4,953
Operating lease liabilities long-term 19,548 21,138
Finance lease liabilities long-term 2,291 3,244
Total liabilities 200,472 171,161
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Preferred stock, $0.00001 par value per share; 5,000,000 shares authorized, no shares issued and outstanding at June 30, 2026 and December 31, 2025
Common stock, $0.00001 par value per share; 250,000,000 shares authorized, 82,988,340 and 82,711,351 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 0 0
Additional paid-in capital 1,289,197 1,285,297
Accumulated deficit (1,096,734) (1,049,779)
Total stockholders’ equity 192,463 235,518
Total liabilities and stockholders’ equity $ 392,935 $ 406,679