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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 163,403 $ 215,214
Restricted cash, current portion 247 495
Accounts receivable, net 63,013 61,903
Inventory 35,948 41,575
Deferred cost of revenue, current portion 10,158 11,794
Prepaid expenses and other current assets 12,217 9,359
Total current assets 284,986 340,340
Property and equipment, net 1,357 1,400
Deferred cost of revenue 4,713 11,251
Goodwill 117,268 117,268
Intangible assets, net 24,343 27,249
Other long-term assets 15,926 12,248
Total assets 448,593 509,756
Current liabilities    
Accounts payable 9,535 15,076
Accrued expenses and other current liabilities 26,574 24,976
Deferred revenue, current portion 49,861 77,257
Total current liabilities 85,970 117,309
Deferred revenue 50,111 45,903
Other long-term liabilities 7,371 4,096
Total liabilities 143,452 167,308
Commitments and contingencies (Note 12)
Convertible preferred stock, $0.0001 par value; 50,000 shares authorized as of September 30, 2024 and December 31, 2023; no shares of preferred stock issued and outstanding as of September 30, 2024 and December 31, 2023
Stockholders' equity    
Class A common stock, $0.0001 par value; 500,000 shares authorized as of September 30, 2024 and December 31, 2023, respectively; 192,971 and 203,327 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 19 20
Additional paid-in capital 636,418 628,156
Accumulated deficit (331,345) (285,512)
Accumulated other comprehensive loss 49 (216)
Total stockholders' equity 305,141 342,448
Total liabilities, convertible preferred stock and stockholders' equity $ 448,593 $ 509,756