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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash, cash equivalents, and restricted cash $ 358,892 $ 523,025
Accounts receivable, net of allowances for estimated credit losses of $11,025 and $6,604 at September 30, 2024 and December 31, 2023, respectively 36,279 54,697
Inventories 73,443 91,321
Income tax receivable 399 332
Prepaid expenses and other current assets 16,034 28,877
Total current assets 485,047 698,252
Property and equipment, net 7,634 14,226
Right-of-use assets, net 14,599 12,120
Intangible assets, net 50,979 62,123
Goodwill 125,455 125,818
Deferred income tax assets, net 1,172 531
Other assets 14,662 16,043
TOTAL ASSETS 699,548 929,113
Current liabilities:    
Accounts payable 23,084 44,768
Accrued payroll-related expenses 16,543 22,028
Lease liabilities, current 4,827 4,598
Income tax payable 1,401 2,759
Syndeo Program reserves 0 21,009
Other accrued expenses 28,093 19,846
Total current liabilities 73,948 115,008
Lease liabilities, non-current 12,093 9,319
Deferred income tax liabilities, net 1,115 702
Warrant liabilities 558 3,555
Convertible senior notes, net 551,411 738,372
Other long-term liabilities 699 2,767
Total liabilities 639,824 869,723
Commitments (Note 10)
Stockholders’ equity:    
Class A Common Stock, $0.0001 par value; 320,000,000 shares authorized; 124,111,434 and 122,899,002 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 12 12
Additional paid-in capital 561,059 541,281
Accumulated other comprehensive loss (3,712) (3,036)
Accumulated deficit (497,635) (478,867)
Total stockholders’ equity 59,724 59,390
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 699,548 $ 929,113