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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash, cash equivalents, and restricted cash $ 349,544 $ 523,025
Accounts receivable, net of allowances for estimated credit losses of $8,257 and $6,604 at June 30, 2024 and December 31, 2023, respectively 41,409 54,697
Inventories 77,143 91,321
Income tax receivable 401 332
Prepaid expenses and other current assets 21,129 28,877
Total current assets 489,626 698,252
Property and equipment, net 9,718 14,226
Right-of-use assets, net 14,942 12,120
Intangible assets, net 54,161 62,123
Goodwill 124,822 125,818
Deferred income tax assets, net 3,035 531
Other assets 15,529 16,043
TOTAL ASSETS 711,833 929,113
Current liabilities:    
Accounts payable 26,686 44,768
Accrued payroll-related expenses 17,146 22,028
Lease liabilities, current 4,278 4,598
Income tax payable 2,360 2,759
Syndeo Program reserves 912 21,009
Other accrued expenses 24,044 19,846
Total current liabilities 75,426 115,008
Lease liabilities, non-current 12,704 9,319
Deferred income tax liabilities, net 1,064 702
Warrant liabilities 976 3,555
Convertible senior notes, net 550,625 738,372
Other long-term liabilities 1,849 2,767
Total liabilities 642,644 869,723
Commitments (Note 10)
Stockholders’ equity:    
Class A Common Stock, $0.0001 par value; 320,000,000 shares authorized; 123,993,785 and 122,899,002 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 12 12
Additional paid-in capital 553,420 541,281
Accumulated other comprehensive loss (4,899) (3,036)
Accumulated deficit (479,344) (478,867)
Total stockholders’ equity 69,189 59,390
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 711,833 $ 929,113