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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 419,665 $ 115,850
Marketable securities, available-for-sale 282,298 480,224
Accounts receivable, net and contract assets 346,035 308,455
Inventories 185,796 141,860
Prepaid expenses and other current assets 94,955 38,951
Total current assets 1,328,749 1,085,340
Property and equipment, net 71,420 75,035
Prepaid expenses and other assets 55,698 80,596
Goodwill 416,821 416,821
Intangible assets, net 348,544 401,830
Deferred tax assets, net 0 3,855
Total assets 2,221,232 2,063,477
Current liabilities    
Accounts payable 15,360 10,249
Accrued expenses 111,183 128,851
Current portion of long-term debt, net 710,685 0
Total current liabilities 837,228 139,100
Long-term debt, net 800,072 1,505,798
Other long-term liabilities 71,799 54,758
Deferred tax liabilities, net 8,218 0
Total liabilities 1,717,317 1,699,656
Commitments and contingencies (Note 10)
Stockholders’ equity    
Preferred stock - $0.001 par value; 20,000 shares authorized; no shares issued and outstanding 0 0
Common stock - $0.001 par value; 300,000 shares authorized; 117,523 and 123,138 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 118 123
Additional paid-in capital 23,909 0
Accumulated other comprehensive (loss) income (22,258) 3,829
Retained earnings 502,146 359,869
Total stockholders’ equity 503,915 363,821
Total liabilities and stockholders’ equity $ 2,221,232 $ 2,063,477