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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 315,353 $ 386,193
Accounts receivable, net 142,001 94,820
Inventories, net 15,732 15,135
Prepaid and other current assets 11,978 8,115
Total current assets 485,064 504,263
Equipment, net 584 846
Right-of-use asset - operating lease 5,383 6,772
Goodwill 12,042 12,042
Intangible asset, net 46,894 53,286
Non-current inventory and other assets 18,531 11,027
Total assets 568,498 588,236
Current liabilities:    
Accounts payable 71,997 40,679
Accrued expenses and other current liabilities 147,987 90,501
Operating lease liability, current portion 1,835 1,267
Contingent consideration, current 8,285 6,407
Total current liabilities 230,104 138,854
Contingent consideration, non-current 91,680 73,300
Loan payable, long-term 180,710 178,070
Operating lease liability, long-term 6,046 7,035
Finance lease liability, long-term 2,943  
Total liabilities 511,483 397,259
Stockholders’ equity:    
Preferred stock, $0.0001 par value per share (10,000,000 shares authorized, none issued and outstanding)
Common stock, $0.0001 par value per share (150,000,000 shares authorized, 48,667,587 and 47,351,363 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively) 5 5
Additional paid-in capital 1,179,797 1,026,543
Accumulated deficit (1,122,787) (835,571)
Total stockholders’ equity 57,015 190,977
Total liabilities and stockholders’ equity $ 568,498 $ 588,236