v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 72,840 $ 90,634
Short-term investments 370,242 202,032
Accounts receivable, net 180,022 165,491
Inventories 143,121 128,769
Prepaid and other current assets 54,499 31,217
Total current assets 820,724 618,143
Property and equipment, net 85,141 83,580
Operating lease right-of-use assets 98,002 96,172
Equity method investment 125,538 60,351
Other long-term assets 30,089 22,866
Total assets 1,159,494 881,112
Current liabilities:    
Accounts payable 74,800 47,067
Accrued expenses 17,466 21,012
Employee-related liabilities 64,244 70,409
Operating lease liabilities 20,381 19,472
Deferred revenue 8,325 9,527
Other current liabilities 70,859 75,237
Total current liabilities 256,075 242,724
Convertible senior notes, net - long-term 603,388 310,036
Operating lease liabilities - long-term 112,774 114,967
Deferred revenue - long-term 7,595 8,474
Other long-term liabilities 44,575 49,741
Total liabilities 1,024,407 725,942
Commitments and contingencies (Note 14) 0 0
Stockholders’ equity:    
Common stock, $0.001 par value; 200,000 shares authorized, 69,757 and 68,291 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively 70 68
Additional paid-in capital 1,431,252 1,402,044
Accumulated other comprehensive income 4,946 5,593
Accumulated deficit (1,301,181) (1,252,535)
Total stockholders’ equity 135,087 155,170
Total liabilities and stockholders’ equity $ 1,159,494 $ 881,112