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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 181,657 $ 213,752
Investments in marketable securities 68,916 36,194
Accounts receivable 88,323 101,099
Inventories 132,412 118,782
Prepaid expenses and other current assets 39,491 34,909
Total current assets 510,799 504,736
Operating lease right-of-use assets, net 22,138 22,278
Property and equipment, less accumulated depreciation of $29,842 and $28,775 at March 31, 2025 and December 31, 2024, respectively 28,718 29,383
Intangible assets, less accumulated amortization of $6,611 and $5,802 at March 31, 2025 and December 31, 2024, respectively 16,389 17,198
Goodwill 197,797 197,797
Other non-current assets 13,998 13,641
Total Assets 789,839 785,033
Current liabilities:    
Accounts payable 14,451 12,947
Accrued expenses and other current liabilities 129,877 127,300
Operating lease liabilities 8,562 8,455
Total current liabilities 152,890 148,702
Long-term debt 390,708 390,111
Operating lease liabilities 44,196 45,078
Other non-current liabilities 8,487 7,097
Total liabilities 596,281 590,988
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value, 500,000,000 shares authorized, 307,923,069 and 299,041,653 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 3,016 2,944
Common stock in treasury, at cost; 7,390 shares as of March 31, 2025 (71) 0
Additional paid-in capital 2,939,673 2,926,115
Accumulated other comprehensive income (loss):    
Foreign currency translation adjustment 12,941 5,302
Unrealized loss on available-for-sale securities (135) (207)
Warrants 0 71
Accumulated deficit (2,761,866) (2,740,180)
Total stockholders’ equity 193,558 194,045
Total Liabilities and Stockholders’ Equity $ 789,839 $ 785,033