XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash, cash equivalents and restricted cash $ 73,189 $ 83,433
Short-term investments 278,619 275,043
Accounts receivable, net 30,728 36,544
Inventory, net 44,793 39,228
Prepaid expenses and deposits 11,107 11,219
Other current assets 301 1,129
Total current assets 438,737 446,596
Finance right-of-use lease assets 78,813 92,072
Intangible assets, net 3,901 4,355
Operating right-of-use lease assets 3,718 4,068
Property and equipment, net 2,266 2,731
Other noncurrent assets 93 823
Total assets 527,528 550,645
Current liabilities:    
Accounts payable 2,214 5,187
Accrued expenses 49,536 64,971
Finance lease liabilities, current portion 16,309 14,046
Deferred revenue 4,602 11,002
Operating lease liabilities, current portion 1,057 1,026
Other current liabilities 2,502 1,531
Total current liabilities 76,220 97,763
Finance lease liabilities, less current portion 55,727 58,554
Deferred revenue, less current portion 12,249 1,699
Deferred compensation and other noncurrent liabilities 12,442 9,408
Operating lease liabilities, less current portion 5,119 5,743
Total liabilities 161,757 173,167
Commitments and contingencies (Note 5)
Shareholders' equity    
Common shares - no par value, unlimited shares authorized, 131,841 and 140,883 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively 1,116,797 1,187,696
Additional paid-in capital 109,885 126,999
Accumulated other comprehensive loss (749) (647)
Accumulated deficit (860,162) (936,570)
Total shareholders' equity 365,771 377,478
Total liabilities and shareholders' equity $ 527,528 $ 550,645