XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 62,778 $ 367,670
Accounts receivable, net 485,174 236,009
Inventories, net 269,775 205,653
Income tax receivables 12,765 9,052
Prepaid expenses and other 41,309 33,649
Total current assets 871,801 852,033
Property, plant and equipment, net 20,024 10,692
Goodwill 359,629 69,727
Other intangible assets, net 384,084 174,753
Deferred tax assets 18,785 9,345
Other assets 27,502 26,429
Total assets 1,681,825 1,142,979
Current liabilities    
Accounts payable 199,358 91,392
Accounts payable - related party 478 610
Accrued expenses and other 91,102 38,494
Accrued warranty reserve 4,237 3,192
Income tax payable 10,587 60
Deferred revenue 154,692 99,575
Current portion of contingent consideration 0 1,773
Current portion of debt 47,686 4,300
Other current liabilities 4,981 5,909
Total current liabilities 513,121 245,305
Long-term liabilities    
Deferred tax liability 74,139 0
Contingent consideration, net of current portion 7,113 12,804
Other long-term liabilities 9,113 5,557
Long-term warranty 3,852 0
Long-term debt, net of current portion 725,109 711,056
Total long-term liabilities 819,326 729,417
Total liabilities 1,332,447 974,722
Commitments and contingencies (Note 16)
Series A Redeemable Perpetual Preferred Stock of $0.001 par value - 500,000 authorized; 400,000 and 350,000 shares issued as of September 30, 2022 and December 31, 2021, respectively; liquidation preference of $400.0 million and $350.0 million as of September 30, 2022 and December 31, 2021, respectively 287,561 237,462
Stockholders’ equity (deficit)    
Preferred stock of $0.001 par value - 4,500,000 shares authorized; none issued as of September 30, 2022 and December 31, 2021 0 0
Common stock of $0.001 par value - 1,000,000,000 shares authorized; 150,334,261 and 135,026,940 shares issued as of September 30, 2022 and December 31, 2021, respectively 150 135
Additional paid-in capital 392,862 202,562
Accumulated deficit (258,360) (271,902)
Accumulated other comprehensive income (72,835) 0
Total stockholders’ equity (deficit) 61,817 (69,205)
Total liabilities, redeemable perpetual preferred stock and stockholders’ equity $ 1,681,825 $ 1,142,979