v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 120,791 $ 166,121
Accounts receivable, net 37,269 75,707
Inventory 22,088 25,340
Other current assets 7,085 10,303
Total current assets 187,233 277,471
Property and equipment, net 4,710 4,713
Deferred tax asset, net 29,219 19,596
Goodwill 19,441 19,441
Intangible assets, net 11,120 14,158
Other assets 12,829 7,274
Total assets 264,552 342,653
Current liabilities:    
Current portion of long term debt 0 1,500
Accounts payable 11,828 14,528
Accrued compensation 15,246 31,065
Accrued expenses 12,768 11,383
Other current liabilities 3,189 5,790
Total current liabilities 43,031 64,266
Long term debt, net 0 16,467
Other liabilities 10,439 5,372
Total liabilities 53,470 86,105
Stockholders' equity    
Common stock; $0.001 par value; 250,000,000 shares authorized; 149,389,990 issued and 145,925,591 outstanding at September 30, 2026 and 148,093,920 issued and outstanding at December 31, 2025 149 148
Additional paid-in capital 300,856 299,081
Treasury stock at cost; 3,464,399 shares at September 30, 2026 and 0 shares at December 31, 2025 (12,859) 0
Accumulated deficit (77,064) (42,681)
Total stockholders' equity 211,082 256,548
Total liabilities and stockholders’ equity $ 264,552 $ 342,653