Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 306,948	$ 147,767
Investment securities, available-for-sale	694,118	350,174
Restricted cash	1,750	1,750
Accounts receivable, net	166,500	114,018
Inventory	26,283	11,647
Prepaid expenses and other current assets	111,765	42,443
Total current assets	1,307,364	667,799
Property and equipment, net	1,468	1,654
Right of use assets, net	13,428	12,928
Inventory, non-current	38,890	38,621
Other assets	5,762	7,293
Total assets	1,366,912	728,295
Current liabilities:
Accounts payable	26,074	11,452
Accrued and other current liabilities	65,215	27,944
Accrued customer programs	75,408	53,173
Accrued employee benefits	34,774	27,364
Operating lease liabilities	4,233	3,612
Total current liabilities	205,704	123,545
Operating lease liabilities, non-current	12,748	13,326
Total liabilities	218,452	136,871
Stockholders’ equity:
Common stock, $0.0001 par value: 175,000,000 shares authorized at December 31, 2024 and December 31, 2023, respectively; 106,240,009 and 96,379,811 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively	11	10
Additional paid-in capital	2,840,094	2,208,470
Accumulated deficit	(1,691,836)	(1,617,160)
Accumulated comprehensive income	191	104
Total stockholders’ equity	1,148,460	591,424
Total liabilities and stockholders’ equity	$ 1,366,912	$ 728,295