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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 $ 204,358 $ 232,673
Accounts receivable, net of allowances for estimated credit losses of $4,988 and $6,022 at March 31, 2026 and December 31, 2025, respectively 18,615 21,741
Inventories 47,693 48,012
Income tax receivable 1,638 1,696
Prepaid expenses and other current assets 5,391 5,395
Total current assets 277,695 309,517
Property and equipment, net 2,336 2,538
Right-of-use assets, net 20,293 11,570
Intangible assets, net 32,798 35,763
Goodwill 126,246 126,621
Deferred income tax assets, net 2,413 1,925
Other assets 11,452 11,869
TOTAL ASSETS 473,233 499,803
Current liabilities:    
Current portion of convertible senior notes, net 102,944 123,959
Accounts payable 15,885 15,631
Accrued payroll-related expenses 13,031 24,947
Lease liabilities, current 4,158 5,128
Income tax payable 462 1,226
Other accrued expenses 18,722 15,384
Total current liabilities 155,202 186,275
Lease liabilities, non-current 18,751 9,238
Deferred income tax liabilities, net 393 393
Convertible senior notes, net 241,276 240,431
Other long-term liabilities 2,371 2,410
Total liabilities 417,993 438,747
Commitments and Contingencies (Note 6)
Stockholders’ equity:    
Class A Common Stock, $0.0001 par value; 320,000,000 shares authorized; 129,144,801 and 127,520,823 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 13 13
Additional paid-in capital 581,053 579,961
Accumulated other comprehensive loss (1,712) (1,434)
Accumulated deficit (524,114) (517,484)
Total stockholders’ equity 55,240 61,056
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 473,233 $ 499,803