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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 370,036 $ 411,290
Accounts receivable, net 214,131 264,926
Inventory 121,000 81,404
Prepaid assets 29,171 18,368
Restricted cash 1,430 1,322
Other current assets 19,842 11,644
Total current assets 755,610 788,954
Non-current assets:    
Right-of-use assets 14,637 16,083
Property and equipment, net 2,117 2,952
Long-term inventory 48,128 75,713
Other assets 898 1,349
Total assets 821,390 885,051
Current liabilities:    
Accounts payable 54,241 38,572
Accrued expenses 138,999 140,184
Current portion of lease liabilities 7,419 6,753
Total current liabilities 200,659 185,509
Long-term liabilities:    
Long-term credit facility 360,535 359,489
Convertible senior notes 93,500 93,341
Lease liabilities 8,313 10,201
Other liabilities 2,078 7,972
Total liabilities 665,085 656,512
Commitments and contingencies (Note 11)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 10,000 shares authorized, and no shares issued and outstanding at June 30, 2025 and December 31, 2024 0 0
Common stock, $0.0001 par value; 200,000 shares authorized at June 30, 2025 and December 31, 2024; 126,187 shares issued and outstanding at June 30, 2025, and 124,495 shares issued and outstanding at December 31, 2024 12 12
Additional paid-in capital 3,328,604 3,267,201
Accumulated other comprehensive loss (2,569) (3,308)
Accumulated deficit (3,169,742) (3,035,366)
Total stockholders' equity 156,305 228,539
Total liabilities and stockholders' equity $ 821,390 $ 885,051