v3.26.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 131,082 $ 111,042
Trade accounts receivable, net 68,596 51,050
Inventory, net 76,925 68,673
Prepaid expenses and other current assets 12,662 9,548
Total current assets 289,265 240,313
Property and equipment, net 4,638 4,945
Operating lease right-of-use assets 21,584 22,112
Goodwill 22,859 22,859
Other assets 79,946 88,078
Other assets 4,927 5,220
Total assets 423,219 383,527
Current Liabilities    
Accounts payable 8,040 3,076
Current operating lease liabilities 6,349 6,232
Other accrued liabilities 47,366 33,155
Accrued trade discounts and rebates 51,028 43,253
Accrued returns reserve 17,674 18,969
Other current liabilities 4,022 4,889
Total current liabilities 134,479 109,574
Debt, net of unamortized debt issuance costs, non-current portion 189,713 220,335
Non-current operating lease liabilities 30,004 31,531
Other liabilities 20,239 8,398
Total liabilities 374,435 369,838
Commitments and contingencies (Note 13)
Stockholders' Equity    
Preferred stock—par value $0.0001, 25,000,000 shares authorized and no shares issued and outstanding as of September 30, 2026 and December 31, 2025 0 0
Common stock—par value $0.0001, 350,000,000 shares authorized as of September 30, 2026 and December 31, 2025; 182,567,511 and 166,215,410 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively 19 17
Additional paid in capital 737,660 685,004
Accumulated deficit (688,884) (671,307)
Accumulated other comprehensive loss (11) (25)
Total stockholders' equity 48,784 13,689
Total liabilities and stockholders' equity $ 423,219 $ 383,527