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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 532,282 $ 568,197
Accounts receivable, net of allowances for estimated credit losses of $3,802 and $2,929 at March 31, 2023 and December 31, 2022, respectively 70,795 76,494
Inventories 122,081 109,656
Income tax receivable 1,625 1,280
Prepaid expenses and other current assets 21,749 26,331
Total current assets 748,532 781,958
Property and equipment, net 18,360 18,184
Right-of-use assets, net 15,590 15,637
Intangible assets, net 70,835 46,386
Goodwill 125,175 124,593
Deferred income tax assets, net 831 815
Other assets 15,630 14,193
TOTAL ASSETS 994,953 1,001,766
Current liabilities:    
Accounts payable 34,330 30,335
Accrued payroll-related expenses 18,722 21,677
Other accrued expenses 13,149 15,183
Lease liabilities, current 4,910 4,958
Income tax payable 1,219 962
Total current liabilities 72,330 73,115
Lease liabilities, non-current 12,267 12,689
Deferred income tax liabilities, net 2,941 2,011
Warrant liabilities 24,550 15,473
Convertible senior notes, net 735,201 734,143
TOTAL LIABILITIES 847,289 837,431
Commitments (Note 10)
Stockholders’ equity:    
Class A Common Stock, $0.0001 par value; 320,000,000 shares authorized; 132,626,954 and 132,214,695 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 14 14
Additional paid-in capital 555,046 550,320
Accumulated other comprehensive loss (3,642) (4,530)
Accumulated deficit (403,754) (381,469)
Total stockholders’ equity 147,664 164,335
LIABILITIES AND STOCKHOLDERS’ EQUITY $ 994,953 $ 1,001,766