v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 03, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 231,862 $ 124,105
Accounts receivable, net of allowances for credit losses of $136 and $227 as of July 3,2026 and December 31,2025 respectively 89,906 85,935
Inventories 66,473 47,840
Prepaid expenses and other current assets 28,948 12,530
Assets held for sale 0 223,961
Total current assets 417,189 494,371
Property and equipment, net 23,478 25,648
Operating lease right-of-use assets 13,142 13,687
Goodwill 61,092 60,900
Deferred income taxes, net 99,425 104,043
Other non-current assets 18,319 19,834
Total assets 632,645 718,483
Current liabilities:    
Current portion of long-term debt 2,944 2,944
Accounts payable 39,263 23,093
Deferred revenue 20,775 31,519
Operating lease liabilities 5,988 6,433
Other current liabilities 67,962 48,288
Liabilities to be disposed of 0 85,671
Total current liabilities 136,932 197,948
Long-term debt 107,667 109,140
Operating lease liabilities, non-current 13,524 14,664
Other non-current liabilities 14,176 13,485
Total liabilities 272,299 335,237
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.001 par value, 150,000 shares authorized; 109,024 and 111,186 shares issued and outstanding at July 3, 2026 and December 31, 2025, respectively 109 111
Additional paid-in capital 2,483,251 2,466,177
Accumulated deficit (2,114,668) (2,076,406)
Accumulated other comprehensive loss (8,346) (6,636)
Total stockholders’ equity 360,346 383,246
Total liabilities and stockholders’ equity $ 632,645 $ 718,483