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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 143,280 $ 244,388
Restricted cash 0 1,596
Accounts receivable, net of allowance of $7,163 and $6,245, respectively 329,456 271,578
Inventories, net 167,494 150,374
Assets held for sale 3,662 0
Prepaid expenses and other 91,769 201,108
Total current assets 735,661 869,044
Property, plant and equipment, net 67,442 58,225
Lease assets 94,294 97,088
Goodwill 231,765 135,173
Other intangible assets, net 274,638 238,579
Deferred income tax assets 24,980 23,965
Other assets 156,171 29,718
Total assets 1,584,951 1,451,792
Current liabilities    
Accounts payable 199,966 143,994
Accrued expenses 101,533 54,289
Income tax payable 0 4,687
Current portion of deferred revenue 108,484 128,433
Current portion of contingent consideration 13,166 14,551
Current portion of warranty liability 10,301 10,844
Current portion of lease liabilities 8,470 7,662
Current portion of debt 3,244 10,315
Other current liabilities 8,826 2,237
Total current liabilities 453,990 377,012
Deferred income tax liabilities 19,479 22,133
Deferred revenue, net of current portion 36,031 16,794
Contingent consideration, net of current portion 18,405 12,739
Warranty liability, net of current portion 6,308 5,466
Lease liabilities, net of current portion 89,117 89,552
Long-term debt, net of current portion 658,550 658,664
Other long-term liabilities 1,450 9,044
Total liabilities 1,283,330 1,191,404
Commitments and contingencies (Note 12)
Series A Redeemable Perpetual Preferred Stock of $0.001 par value; 500,000 authorized; 400,0001 and 490,829 shares issued as of September 30, 2026 and December 31, 2025, respectively; liquidation preference of $510.0 million and $493.1 million at each date, respectively 509,978 466,728
Stockholders’ equity    
Preferred stock of $0.001 par value - 4,500,000 shares authorized; none issued at respective dates 0 0
Common stock of $0.001 par value - 1,000,000,000 shares authorized; 154,269,366 and 152,779,614 shares issued at respective dates 155 152
Additional paid-in capital 189,253 226,848
Accumulated deficit (388,319) (422,859)
Accumulated other comprehensive loss (9,446) (10,481)
Total stockholders’ equity (208,357) (206,340)
Total liabilities, redeemable perpetual preferred stock and stockholders’ equity $ 1,584,951 $ 1,451,792