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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash, cash equivalents and restricted cash $ 66,428 $ 83,433
Short-term investments 246,473 275,043
Accounts receivable, net 40,350 36,544
Inventory, net 46,195 39,228
Prepaid expenses and deposits 5,535 11,219
Other current assets 781 1,129
Total current assets 405,762 446,596
Finance right-of-use lease assets 87,577 92,072
Intangible assets, net 4,158 4,355
Operating right-of-use lease assets 3,954 4,068
Property and equipment, net 2,576 2,731
Other noncurrent assets 823 823
Total assets 504,850 550,645
Current liabilities:    
Accounts payable 4,220 5,187
Accrued expenses 42,353 64,971
Finance lease liabilities, current portion 14,508 14,046
Deferred revenue 4,594 11,002
Operating lease liabilities, current portion 1,036 1,026
Other current liabilities 1,695 1,531
Total current liabilities 68,406 97,763
Finance lease liabilities, less current portion 56,828 58,554
Deferred revenue, less current portion 12,450 1,699
Deferred compensation and other noncurrent liabilities 11,438 9,408
Operating lease liabilities, less current portion 5,538 5,743
Total liabilities 154,660 173,167
Commitments and contingencies (Note 5)
Shareholders' equity    
Common shares - no par value, unlimited shares authorized, 137,747 and 140,883 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 1,163,262 1,187,696
Additional paid-in capital 100,979 126,999
Accumulated other comprehensive loss (825) (647)
Accumulated deficit (913,226) (936,570)
Total shareholders' equity 350,190 377,478
Total liabilities and shareholders' equity $ 504,850 $ 550,645