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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 195,832 $ 154,703
Accounts receivable, net of provision for doubtful accounts of $269 and $117 as of June 30, 2022 and December 31, 2021, respectively [1] 67,767 85,774
Inventory 78,300 84,828
Prepaid expenses and other current assets 4,681 5,746
Prepaid income taxes 2,510 23,963
Total current assets 349,090 355,014
Property and equipment, net 21,235 23,508
Accounts receivable, net of current portion 57 115
Deferred tax assets 9 101
Goodwill 50,177 50,177
Intangible assets, net 28,556 31,144
Other assets 8,459 8,648
Total assets 457,583 468,707
Current liabilities:    
Accounts payable 13,946 28,087
Accrued expenses and other current liabilities 29,651 41,382
Accrued income taxes 8,443 4,991
Deferred revenue [2] 38,334 14,473
Current portion of long-term debt, net of unamortized debt issuance costs 1,959 1,924
Total current liabilities 92,333 90,857
Accrued income taxes, net of current portion 8,117 7,732
Deferred tax liabilities 2,979 5,293
Deferred revenue, net of current portion 6,084 7,012
Long-term debt, net of current portion and unamortized debt issuance costs 273,194 274,193
Other liabilities, net of current portion 1,714 1,701
Total liabilities 384,421 386,788
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 5,000 shares authorized as of June 30, 2022 and December 31, 2021; no shares issued and outstanding as of June 30, 2022 and December 31, 2021
Common stock, $0.001 par value; 500,000 shares authorized; 98,009 and 87,815 shares issued as of June 30, 2022 and December 31, 2021, respectively; 94,413 and 84,422 shares outstanding as of June 30, 2022 and December 31, 2021, respectively 98 88
Treasury stock, at cost; 3,597 and 3,393 shares as of June 30, 2022 and December 31, 2021, respectively (14,837) (13,645)
Additional paid-in capital 237,306 193,654
Accumulated other comprehensive (loss) income (1,068) 878
Accumulated deficit (148,337) (99,056)
Total stockholders’ equity 73,162 81,919
Total liabilities and stockholders’ equity $ 457,583 $ 468,707
[1] Includes accounts receivable due from a related party of $26,213 at June 30, 2022 (see Note 15)
[2] Includes deferred revenue associated with a related party of $18,289 at June 30, 2022 (see Note 15)