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Condensed Consolidated Balance Sheet Details
 3 Months Ended
Mar. 31, 2026
Balance Sheet Related Disclosures [Abstract]  
Condensed Consolidated Balance Sheet Details Condensed Consolidated Balance Sheet Details
Inventories, net
Inventories, net consisted of the following (in thousands):
March 31, 2026December 31, 2025
Raw materials$51,597 $47,613 
Work in process2,164 2,195 
Finished goods114,212 100,566 
Total inventories, net
$167,973 $150,374 

The Company values inventory using costing methods that approximate a first-in, first-out (“FIFO”) basis.

Prepaid expenses and other current assets
The following table shows the components of Prepaid expenses and other current assets (in thousands):
March 31, 2026December 31, 2025
IRA vendor rebates$164,721 $152,036 
Prepaid taxes27,443 27,319 
Other24,962 21,753 
Total prepaid expenses and other current assets
$217,126 $201,108 
Contingent consideration
The following table shows the components of contingent consideration (in thousands):
March 31, 2026December 31, 2025
Current portion of contingent consideration
TRA
$1,569 $2,757 
Earnout Consideration
8,679 11,794 
Total current portion of contingent consideration
$10,248 $14,551 
Contingent consideration, net of current portion
TRA
$4,205 $5,495 
Earnout Consideration
7,677 7,244 
Total contingent consideration, net of current portion
$11,882 $12,739 

Accrued Expenses
Accrued expenses consisted of the following (in thousands):
March 31, 2026December 31, 2025
Accrued payables
$18,931 $14,185 
Accrued payroll expenses
23,420 17,135 
Accrued interest
3,646 5,564 
Other accrued expenses
16,780 17,405 
Accrued expenses
$62,777 $54,289 

During the fourth quarter of 2025, the Company approved a plan to resize certain aspects of its international operations to better align its cost structure with future business needs. The Company’s severance liabilities totaled $1.2 million as of both March 31, 2026 and December 31, 2025 and are included in Accrued expenses in the Company’s condensed consolidated balance sheets. The Company did not make any payments against the liabilities or recognize a change in the estimated severance provision. The Company expects the reorganization to be substantially complete in 2026.
Leases
The following table summarizes the Company’s right-of-use (“ROU”) assets and lease liabilities (in thousands):
March 31, 2026December 31, 2025
Lease assets
Finance lease ROU assets$48,265 $48,791 
Operating lease ROU assets, including $24,919 and $26,419, respectively, from leases with related parties
46,266 48,297 
Lease assets$94,531 $97,088 
Current portion of lease liabilities
Finance lease liabilities, current portion$187 $188 
Operating lease liabilities, current portion, including $602 and $592, respectively, from leases with related parties
7,400 7,474 
Current portion of lease liabilities$7,587 $7,662 
Lease liabilities, net of current portion
Finance lease liabilities, long-term portion$43,080 $42,264 
Operating lease liabilities, long-term portion, including $25,066 and $26,050, respectively, from leases with related parties
46,117 47,288 
Lease Liabilities, net of current portion$89,197 $89,552