XML 16 R2.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 498,476 $ 16,759
Short-term investments in held-to-maturity securities 290,188 791,648
Accounts receivable, net 54,997 45,040
Inventories 91,122 81,557
Prepaid expenses and other current assets 14,433 14,275
Total current assets 949,216 949,279
Property and equipment, net 106,661 105,114
Intangible assets, net 141,572 147,366
Right-of-use assets, net 3,479 4,089
Goodwill 87,098 87,098
Other assets 4,831 1,753
Total assets 1,292,857 1,294,699
Current liabilities:    
Accounts payable 22,914 21,327
Accrued expenses and other current liabilities 53,168 62,678
Total current liabilities 76,082 84,005
Other non-current liabilities 57,797 54,512
Total liabilities 133,879 138,517
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock, $0.0001 par value - 200,000 shares authorized; 26,397 and 26,299 shares issued and outstanding at March 31, 2026 and December 31, 2025 3 3
Additional paid-in capital 1,389,096 1,381,083
Accumulated deficit (230,121) (224,904)
Total stockholders’ equity 1,158,978 1,156,182
Total liabilities and stockholders’ equity $ 1,292,857 $ 1,294,699