v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 55,907 $ 63,707
Investments 143,511 215,799
Accounts receivable, net 38,323 35,448
Inventory, net 60,278 49,285
Prepaid expenses and other current assets 9,802 10,793
Short-term restricted cash 33 20
Total current assets 307,854 375,052
Property and equipment, net 29,277 24,146
Operating lease right-of-use assets, net 39,409 41,695
Long-term restricted cash 1,629 1,532
Intangible assets, net 12,164 15,124
Goodwill 317,761 317,761
Other long-term assets 13,002 8,773
Total assets 721,096 784,083
Current liabilities    
Accounts payable 10,920 20,770
Accrued expenses 33,805 33,646
Deferred revenue, current 17,342 15,936
Operating lease liabilities, current 2,067 448
Other liabilities, current 2,459 2,031
Total current liabilities 66,593 72,831
Deferred revenue, non-current 4,231 3,929
Operating lease liabilities, non-current 60,244 56,592
Convertible senior notes, net, non-current 643,058 645,382
Other liabilities, non-current 8,350 0
Total liabilities 782,476 778,734
Commitments and contingencies
Stockholders’ equity (deficit)    
Preferred stock 0 0
Common stock 312 302
Additional paid-in capital 2,725,291 2,699,892
Accumulated other comprehensive income (loss) (819) 457
Accumulated deficit (2,786,164) (2,695,302)
Total stockholders’ equity (deficit) (61,380) 5,349
Total liabilities and stockholders’ equity (deficit) $ 721,096 $ 784,083