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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 168,580 $ 154,703
Accounts receivable, net of provision for doubtful accounts of $370 and $117 as of March 31, 2022 and December 31, 2021, respectively 48,106 85,774
Inventory 85,284 84,828
Prepaid expenses and other current assets 6,052 5,746
Prepaid income taxes 2,627 23,963
Total current assets 310,649 355,014
Property and equipment, net 22,360 23,508
Accounts receivable, net of current portion 57 115
Deferred tax assets 108 101
Goodwill 50,177 50,177
Intangible assets, net 29,615 31,144
Other assets 8,552 8,648
Total assets 421,518 468,707
Current liabilities:    
Accounts payable 14,031 28,087
Accrued expenses and other current liabilities 27,507 41,382
Accrued income taxes 11,320 4,991
Deferred revenue 19,139 14,473
Current portion of long-term debt, net of unamortized debt issuance costs 1,927 1,924
Total current liabilities 73,924 90,857
Accrued income taxes, net of current portion 10,389 7,732
Deferred tax liabilities 5,666 5,293
Deferred revenue, net of current portion 6,474 7,012
Long-term debt, net of current portion and unamortized debt issuance costs 273,710 274,193
Other liabilities, net of current portion 1,774 1,701
Total liabilities 371,937 386,788
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 5,000 shares authorized as of March 31, 2022 and December 31, 2021; no shares issued and outstanding as of March 31, 2022 and December 31, 2021
Common stock, $0.001 par value; 500,000 shares authorized; 88,452 and 87,815 shares issued as of March 31, 2022 and December 31, 2021, respectively; 84,855 and 84,422 shares outstanding as of March 31, 2022 and December 31, 2021, respectively 88 88
Treasury stock, at cost; 3,597 and 3,393 shares as of March 31, 2022 and December 31, 2021, respectively (14,837) (13,645)
Additional paid-in capital 194,973 193,654
Accumulated other comprehensive income 997 878
Accumulated deficit (131,640) (99,056)
Total stockholders’ equity 49,581 81,919
Total liabilities and stockholders’ equity $ 421,518 $ 468,707