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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash, cash equivalents and restricted cash $ 1,087,932 $ 1,076,140
Accounts receivable, net of allowance of $7,927 and $8,018 at March 31, 2026 and December 31, 2025, respectively 417,595 296,528
Inventory 70,721 68,443
Prepaid expenses and other current assets 75,565 55,828
Total current assets 1,651,813 1,496,939
Property and equipment, net 269,379 241,184
Operating lease right-of-use assets 133,987 108,541
Goodwill 140,857 141,070
Intangible assets 367,362 373,713
Other assets 51,000 36,897
Total assets 2,614,398 2,398,344
Current liabilities:    
Accounts payable 62,397 33,156
Accrued compensation 143,810 92,603
Contingent consideration payable, current portion 22,350 21,580
Deferred revenue, current portion 36,852 24,907
Short-term debt financing 80,305 80,323
Other accrued liabilities 212,543 188,659
Total current liabilities 558,257 441,228
Contingent consideration payable, long-term portion 103,204 96,780
Deferred tax liability, long-term portion 701 701
Operating lease liabilities, long-term portion 144,953 118,473
Deferred revenue, long-term portion 16,999 17,062
Other liabilities 16,266 11,687
Total liabilities 840,380 685,931
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Common stock, $0.0001 par value: 750,000 shares authorized at both March 31, 2026 and December 31, 2025; 142,734 and 139,693 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 14 14
Additional paid-in capital 4,635,319 4,488,679
Accumulated deficit (2,861,113) (2,776,022)
Accumulated other comprehensive loss (202) (258)
Total stockholders’ equity 1,774,018 1,712,413
Total liabilities and stockholders’ equity $ 2,614,398 $ 2,398,344