v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 44,169 $ 29,839
Marketable securities 49,360 88,393
Accounts receivable, net of allowance for expected credit losses 22,345 29,972
Inventory 47,601 54,763
Prepaid expenses and other current assets 7,576 9,290
Total current assets 171,051 212,257
Restricted cash 3,348 3,341
Property and equipment, net 20,002 23,672
Intangible assets, net 105,782 131,787
Goodwill 0 26,376
Operating lease right-of-use assets 15,053 16,664
Other non-current assets 4,391 4,669
Total assets 319,627 418,766
Current liabilities:    
Accounts payable 8,892 13,568
Accrued compensation and benefits 10,293 14,979
Accrued expenses and other current liabilities 8,483 17,571
Deferred revenue 14,892 20,728
Operating lease liabilities 7,813 7,916
Total current liabilities 50,373 74,762
Deferred revenue, net of current portion 2,502 5,830
Operating lease liabilities, net of current portion 25,574 29,323
Non-current portion of contingent liabilities 3,265 5,024
Other non-current liabilities 701 8,097
Total liabilities 82,415 123,036
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Common stock: $0.001 par value; Authorized: 120,000; Issued and outstanding: 47,135 and 46,744 shares at June 30, 2026 and December 31, 2025, respectively 47 47
Additional paid-in capital 882,039 873,637
Accumulated other comprehensive loss (1,168) (723)
Accumulated deficit (643,706) (577,231)
Total stockholders’ equity 237,212 295,730
Total liabilities and stockholders’ equity $ 319,627 $ 418,766