v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 256,692 $ 144,837
Short-term investments 0 3,694
Account receivables, net 161,305 171,233
Inventories 38,583 29,716
Prepaid expenses and other current assets (including restricted cash of $656 and $656 at June 30, 2026, and December 31, 2025) 23,974 17,571
Total current assets 480,554 367,051
Property and equipment, net 7,852 5,959
Other long-term assets (including restricted cash of $332 and $332 at June 30, 2026, and December 31, 2025) 27,172 27,782
Goodwill 30,002 30,002
Intangible assets, net 358,472 379,072
Deferred tax assets 0 16,276
TOTAL ASSETS 904,052 826,142
Current liabilities    
Accounts payable 10,238 7,884
Accrued expenses and other liabilities 173,244 163,370
Contingent Consideration, short-term 3,914 3,015
Total current liabilities 187,396 174,269
Convertible senior notes, net of deferred financing costs 145,150 144,626
Contingent Consideration, net of current portion 107,705 99,101
Deferred tax liabilities 663 0
Other long-term liabilities 2,305 2,839
TOTAL LIABILITIES 443,219 420,835
COMMITMENTS AND CONTINGENCIES (Note 8)
STOCKHOLDERS’ EQUITY    
Preferred stock - $0.001 par value: 2,000,000 shares authorized; 91,623 and 91,623 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 0 0
Common stock - $0.001 par value: 160,000,000 shares authorized; 77,667,011 and 79,260,667 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 78 79
Accumulated other comprehensive income 2 3
Additional paid-in capital 572,739 581,800
Accumulated deficit (111,986) (176,575)
TOTAL STOCKHOLDERS’ EQUITY 460,833 405,307
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 904,052 $ 826,142