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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 178,087 $ 144,837
Short-term investments 0 3,694
Account receivables, net 154,807 171,233
Inventories 30,731 29,716
Prepaid expenses and other current assets (including restricted cash of $656 and $656 at March 31, 2026, and December 31, 2025) 19,488 17,571
Total current assets 383,113 367,051
Property and equipment, net 6,166 5,959
Other long-term assets (including restricted cash of $332 and $332 at March 31, 2026, and December 31, 2025) 24,272 27,782
Goodwill 30,002 30,002
Intangible asset, net 368,772 379,072
Deferred tax assets 3,312 16,276
TOTAL ASSETS 815,637 826,142
Current liabilities    
Accounts payable 12,827 7,884
Accrued expenses and other liabilities 112,773 163,370
Contingent Consideration, short-term 3,176 3,015
Total current liabilities 128,776 174,269
Convertible senior notes, net of deferred financing costs 144,885 144,626
Contingent Consideration, net of current portion 102,397 99,101
Other long-term liabilities 2,530 2,839
TOTAL LIABILITIES 378,588 420,835
COMMITMENTS AND CONTINGENCIES (Note 8)
STOCKHOLDERS’ EQUITY    
Preferred stock - $0.001 par value: 2,000,000 shares authorized; 91,623 and 91,623 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 0 0
Common stock - $0.001 par value: 160,000,000 shares authorized; 78,395,299 and 79,260,667 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 78 79
Accumulated other comprehensive income 2 3
Additional paid-in capital 574,943 581,800
Accumulated deficit (137,974) (176,575)
TOTAL STOCKHOLDERS’ EQUITY 437,049 405,307
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 815,637 $ 826,142