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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash, cash equivalents and restricted cash $ 41,008 $ 80,213
Short-term investments 337,775 317,784
Accounts receivable, net 49,175 41,454
Inventory 46,410 45,690
Prepaid expenses and deposits 4,119 5,746
Other current assets 1,757 1,080
Total current assets 480,244 491,967
Deferred tax assets, net 166,917 176,194
Finance right-of-use lease assets 69,508 73,865
Intangible assets, net 3,590 3,761
Operating right-of-use lease assets 1,659 3,596
Property and equipment, net 1,986 2,111
Other noncurrent assets 93 93
Total assets 723,997 751,587
Current liabilities:    
Accounts payable 2,661 3,313
Accrued expenses 58,196 66,621
Finance lease liabilities, current portion 16,519 16,523
Deferred revenue 5,036 3,720
Operating lease liabilities, current portion 1,622 1,067
Other current liabilities 2,522 2,480
Total current liabilities 86,556 93,724
Finance lease liabilities, less current portion 48,181 52,322
Deferred revenue, less current portion 12,413 12,648
Deferred compensation and other noncurrent liabilities 6,903 6,662
Operating lease liabilities, less current portion 2,318 4,900
Total liabilities 156,371 170,256
Commitments and contingencies (Note 5)
Common Stock, Shares Authorized, Unlimited [Fixed List] Unlimited Unlimited
Shareholders' equity    
Common shares — no par value, Unlimited shares authorized, 130,771 and 132,323 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively $ 1,086,650 $ 1,120,035
Additional paid-in capital 96,869 111,263
Accumulated other comprehensive loss (880) (599)
Accumulated deficit (615,013) (649,368)
Total shareholders' equity 567,626 581,331
Total liabilities and shareholders' equity $ 723,997 $ 751,587