v3.26.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating Activities    
Net loss $ (14,475) $ (121,784)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:    
Amortization and depreciation 26,983 27,572
Amortization of debt issuance costs and accretion of discounts 1,318 1,478
Stock-based compensation 67,330 57,535
Deferred income taxes 11,843 (6,080)
Loss on disposal of property and equipment 690 1,161
Reduction in the carrying amount of leased right-of-use assets 5,336 5,632
Impairment of leased right-of-use assets 233 427
Gain on extinguishment of lease liabilities (325) 0
Loss on foreign currency 99 5,672
Excess tax (benefits) deficiencies on stock-based awards (12,501) 4,205
Changes in operating assets and liabilities:    
Accounts receivable (27,259) 32,530
Inventory (35,618) 4,014
Prepaid expenses and other assets (68,168) 5,653
Accounts payable, accrued expenses and other current liabilities 3,925 (15,546)
Accrued compensation 28,473 26,896
Accrued price protection liability 3,874 (9,562)
Lease liabilities (8,028) (8,705)
Other long-term liabilities (1,383) (1,885)
Net cash provided by (used in) operating activities (17,653) 9,213
Investing Activities    
Purchases of property and equipment (9,662) (8,890)
Purchases of intangible assets (5,373) (7,219)
Funding of convertible notes receivable (2,000) 0
Net cash used in investing activities (17,035) (16,109)
Financing Activities    
Proceeds from borrowings under revolving credit facility 60,000 0
Repayment of borrowings under revolving credit facility (20,000) 0
Payment of debt issuance costs (479) 0
Proceeds from funding arrangement 8,000 0
Net proceeds from issuance of common stock, net of costs 3,804 2,167
Minimum tax withholding paid on behalf of employees for restricted stock units (7,532) (2,213)
Net cash provided by (used in) financing activities 43,793 (46)
Effect of exchange rate changes on cash and cash equivalents (653) 602
Increase (decrease) in cash, cash equivalents and restricted cash 8,452 (6,340)
Cash, cash equivalents and restricted cash at beginning of period 101,412 119,603
Cash, cash equivalents and restricted cash at end of period 109,864 113,263
Supplemental disclosures of cash flow information:    
Cash paid for interest 6,425 6,515
Cash paid for income taxes, net of refunds (4,030) 4,364
Supplemental disclosures of non-cash activities:    
Issuance of shares for payment of bonuses $ 32,463 $ 5,715