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Related Party Transactions
 12 Months Ended
Dec. 31, 2024
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
The spouse of one of the members of the Company’s Board of Directors is an executive officer of one of the Company’s distributors. The terms of the distribution agreement are consistent with those prevailing at arm’s length. The Company recorded $587.8 million, $473.7 million and $249.9 million of net revenues from the distributor for the years ended December 31, 2024, 2023, and 2022, respectively.
Related party transactions recorded on the consolidated balance sheets were as follows:
As of December 31,
(in millions)20242023
Accounts receivable, net$113.0 $119.5 
Distribution fees payable(1)
$— $6.1 
Deferred revenue(1)
$1.0 $2.8 
(1) Balances are included in accrued expenses and other current liabilities.