v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 218,369 $ 286,503
Accounts receivable, net 105,030 83,533
Inventory 81,410 70,694
Prepaid expenses and other current assets 9,381 9,648
Total current assets 414,190 450,378
Restricted cash, non-current 3,038 3,038
Property and equipment, net 30,165 30,399
Operating lease right-of-use assets, net 16,373 17,538
Intangible assets, net 502 709
Other assets 9,491 6,019
Total assets 473,759 508,081
Current liabilities:    
Accounts payable 16,721 17,285
Accrued compensation 25,976 23,175
Deferred revenue 15,636 13,048
Operating lease, current 2,655 2,214
Other current liabilities 9,365 10,073
Total current liabilities 70,353 65,795
Long-term debt 51,767 51,615
Operating lease, non-current 22,570 24,654
Other non-current liabilities 161 147
Total liabilities 144,851 142,211
Commitments and contingencies (see Note 11)
Stockholders’ equity:    
Preferred stock, $0.00001 par value; Authorized shares: 10,000 at September 30, 2026 and December 31, 2025 Issued and outstanding shares: none at September 30, 2026 and December 31, 2025 0 0
Common stock, $0.00001 par value; Authorized shares: 300,000 at September 30, 2026 and December 31, 2025 Issued and outstanding shares: 57,439 and 56,323 at September 30, 2026 and December 31, 2025, respectively 0 0
Additional paid-in capital 1,055,475 1,007,390
Accumulated other comprehensive gain 5 37
Accumulated deficit (726,572) (641,557)
Total stockholders’ equity 328,908 365,870
Total liabilities and stockholders’ equity $ 473,759 $ 508,081