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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 488,998 $ 453,001
Investments, short-term 17,955 14,185
Trade receivables, net 105,969 83,033
Inventory, net 6,384 7,198
Prepaid expenses 16,470 13,714
Other current assets 6,916 8,121
Total current assets 642,692 579,252
NONCURRENT ASSETS:    
Property and equipment, net 1,378 1,257
Restricted cash 270 270
Investments, long-term 103,245 108,874
Intangible assets, net 107,302 113,263
Deferred tax asset 194,709 190,398
Other noncurrent assets 5,939 5,886
Total noncurrent assets 412,843 419,948
TOTAL ASSETS 1,055,535 999,200
CURRENT LIABILITIES:    
Trade payables 17,459 13,744
Accrued compensation 7,582 18,776
Accrued expenses 112,701 120,640
Current portion of long-term debt 17,500 16,250
Other current liabilities 19,876 5,672
Total current liabilities 175,118 175,082
NONCURRENT LIABILITIES:    
Long-term debt, net 158,182 163,016
Other noncurrent liabilities 1,710 1,947
Total noncurrent liabilities 159,892 164,963
TOTAL LIABILITIES 335,010 340,045
COMMITMENTS AND CONTINGENCIES (Note 13)
STOCKHOLDERS' EQUITY:    
Common stock-$0.00001 par value; 500,000,000 shares authorized at March 31, 2025 and December 31, 2024, respectively; 57,393,673 and 57,144,887 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 1 1
Additional paid in capital 672,503 656,872
Accumulated other comprehensive income 245 66
Retained earnings 47,776 2,216
TOTAL STOCKHOLDERS' EQUITY 720,525 659,155
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,055,535 $ 999,200