CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 38,298	$ 56,709
Marketable securities	96,511	232,413
Accounts receivable, net of allowance for expected credit losses	33,029	32,141
Inventory	54,957	32,775
Prepaid expenses and other current assets	10,483	9,556
Total current assets	233,278	363,594
Restricted cash	3,336	2,610
Property and equipment, net	25,765	17,150
Intangible assets, net	135,148	4,031
Goodwill	23,460	0
Operating lease right-of-use assets	18,184	16,339
Financing lease right-of-use assets	917	0
Other non-current assets	4,052	2,809
Total assets	444,140	406,533
Current liabilities:
Accounts payable	10,633	6,953
Accrued compensation and benefits	12,582	12,620
Accrued expenses and other current liabilities	24,812	8,851
Deferred revenue	20,913	8,827
Operating lease liabilities	7,984	4,756
Financing lease liabilities	428	0
Total current liabilities	77,352	42,007
Deferred revenue, net of current portion	7,341	1,073
Operating lease liabilities, net of current portion	31,212	32,615
Financing lease liabilities, net of current portion	496	0
Non-current portion of contingent liabilities	5,904	0
Other non-current liabilities	7,301	800
Total liabilities	129,606	76,495
Commitments and contingencies (Note 15)
Stockholders’ equity:
Common stock: $0.001 par value; Authorized: 120,000; Issued and outstanding: 46,683 and 38,544 shares at September 30, 2025 and December 31, 2024	47	39
Additional paid-in capital	869,420	803,160
Accumulated other comprehensive loss	(818)	(3,080)
Accumulated deficit	(554,115)	(470,081)
Total stockholders’ equity	314,534	330,038
Total liabilities and stockholders’ equity	$ 444,140	$ 406,533