v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 110,531 $ 182,826
Marketable securities 666,376 579,005
Accounts receivable 142,149 137,476
Unbilled receivables 26,818 25,209
Inventories 87,235 44,098
Prepaids and other current assets 18,323 20,202
Total current assets 1,051,432 988,816
Intangible assets, net 5,711 10,171
Goodwill 286,812 286,812
Property and equipment, net 107,918 113,051
Operating lease right-of-use assets 13,702 17,112
Deferred tax assets 86,500 105,542
Other assets 6,157 8,041
Total assets 1,558,232 1,529,545
Current liabilities:    
Accounts payable 23,349 35,915
Accrued salaries and benefits 20,372 22,044
Deferred revenue 32,391 29,980
EDA tools software licenses liability 14,795 14,884
Operating lease liabilities 5,645 6,310
Other current liabilities 15,543 11,441
Total current liabilities 112,095 120,574
Long-term operating lease liabilities 14,572 18,671
Long-term EDA tools software licenses liability 9,053 20,908
Other long-term liabilities 4,781 4,967
Total liabilities 140,501 165,120
Commitments and contingencies (Notes 10, 11 and 15)
Stockholders’ equity:    
Convertible preferred stock, $0.001 par value: Authorized: 5,000,000 shares; issued and outstanding: no shares as of September 30, 2026 and December 31, 2025 0 0
Common stock, $0.001 par value: Authorized: 500,000,000 shares; issued and outstanding: 107,095,985 shares as of September 30, 2026 and 107,781,863 shares as of December 31, 2025 107 108
Additional paid-in capital 1,143,180 1,287,646
Retained earnings 278,823 76,795
Accumulated other comprehensive loss (4,379) (124)
Total stockholders’ equity 1,417,731 1,364,425
Total liabilities and stockholders’ equity $ 1,558,232 $ 1,529,545