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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 $ 973,768 $ 945,587
Short-term investments 17,832 22,689
Accounts receivable, net of allowance of $7,434 and $7,259 at March 31, 2025 and December 31, 2024, respectively 318,233 314,165
Inventory 50,367 44,744
Prepaid expenses and other current assets, net 56,185 48,635
Total current assets 1,416,385 1,375,820
Property and equipment, net 180,453 162,046
Operating lease right-of-use assets 94,631 86,149
Other assets 40,897 36,720
Total assets 1,732,366 1,660,735
Current liabilities:    
Accounts payable 39,240 34,922
Accrued compensation 47,086 62,114
Other accrued liabilities 178,449 146,893
Deferred revenue, current portion 20,557 19,754
Short-term debt financing 80,345 80,362
Total current liabilities 365,677 344,045
Deferred revenue, long-term portion and other liabilities 23,958 24,682
Operating lease liabilities, long-term portion 103,056 96,588
Total liabilities 492,691 465,315
Commitments and contingencies (Note 8)
Stockholders' equity:    
Common stock, $0.0001 par value: 750,000 shares authorized at both March 31, 2025 and December 31, 2024; 135,932 and 132,646 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 14 12
Additional paid-in capital 3,874,656 3,763,614
Accumulated deficit (2,634,798) (2,567,862)
Accumulated other comprehensive loss (197) (344)
Total stockholders' equity 1,239,675 1,195,420
Total liabilities and stockholders' equity $ 1,732,366 $ 1,660,735