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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 73,490 $ 74,520
Restricted cash 6,215 10,529
Short-term investments 39,412 41,693
Accounts receivable (net of allowance for doubtful accounts of $3 and $10, respectively) 52,899 61,375
Inventory 17,106 17,373
Other current assets 8,518 7,287
Total current assets 197,640 212,777
Property and equipment, net 108,294 103,161
Intangible assets, net 6,094 6,250
Right-of-use assets 68,716 70,098
Long-term investments 43,342 39,880
Other long-term assets 501 556
Total assets 424,587 432,722
Current liabilities:    
Accounts payable 16,751 23,848
Accrued expenses 11,418 17,065
Current portion of operating lease liabilities 11,163 9,257
Other current liabilities 116 116
Total current liabilities 39,448 50,286
Operating lease liabilities 87,804 89,593
Other long-term liabilities 1,848 876
Total liabilities 129,100 140,755
COMMITMENTS AND CONTINGENCIES (Note 12)
Shareholders’ equity:    
Common stock, no par value; shares authorized — 75,000; shares issued and outstanding — 50,252 and 49,628, respectively 699,412 684,778
Accumulated other comprehensive gain (loss) 136 4
Accumulated deficit (404,061) (392,815)
Total shareholders’ equity 295,487 291,967
Total liabilities and shareholders’ equity $ 424,587 $ 432,722