v3.26.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 81,085 $ 72,806
Short-term restricted cash 1,359 1,419
Accounts receivable, net 73,381 46,122
Inventory 113,722 78,104
Prepaid expenses and other current assets 121,648 50,390
Total current assets 391,195 248,841
Long-term restricted cash 27,420 27,187
Property and equipment, net 41,276 48,873
Leased right-of-use assets 18,095 15,506
Intangible assets, net 44,046 48,892
Goodwill 318,588 318,588
Deferred tax assets 65,419 77,268
Other long-term assets 10,390 11,241
Total assets 916,429 796,396
Current liabilities:    
Accounts payable 36,471 37,916
Accrued price protection liability 30,367 26,493
Accrued expenses and other current liabilities 64,475 72,392
Accrued compensation 45,108 49,219
Total current liabilities 176,421 186,020
Long-term lease liabilities 13,776 12,313
Long-term debt 164,062 123,618
Other long-term liabilities 29,161 22,550
Total liabilities 383,420 344,501
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 25,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.0001 par value; 550,000 shares authorized; 91,000 shares issued and outstanding at September 30, 2026 and 86,451 shares issued and outstanding at December 31, 2025 9 9
Additional paid-in capital 1,047,240 951,262
Accumulated other comprehensive income 641 1,030
Accumulated deficit (514,881) (500,406)
Total stockholders’ equity 533,009 451,895
Total liabilities and stockholders’ equity $ 916,429 $ 796,396