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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 512,381 $ 455,075
Restricted cash 40,985 84,771
Marketable securities 29,269 38,097
Trade receivables, net of allowances of $30,478 and $17,224, respectively 222,704 267,441
Inventories, net 596,824 552,632
Prepaid expenses and other current assets 414,518 341,831
Total current assets 1,816,681 1,739,847
LONG-TERM ASSETS:    
Property, plant and equipment, net 264,965 269,351
Operating lease right-of-use assets, net 50,085 48,178
Intangible assets, net 6,420 7,129
Goodwill 49,852 50,123
Other long-term assets 72,505 67,566
Total long-term assets 443,827 442,347
Total assets 2,260,508 2,182,194
CURRENT LIABILITIES:    
Trade payables 404,507 271,983
Employees and payroll accruals 81,990 73,992
Warranty obligations 83,685 89,330
Deferred revenues and customers advances 38,540 70,371
Accrued expenses and other current liabilities 288,549 297,819
Total current liabilities 897,271 803,495
LONG-TERM LIABILITIES:    
Convertible senior notes, net 331,944 331,561
Warranty obligations 238,129 268,559
Deferred revenues and customers advances 313,949 293,328
Finance lease liabilities 18,323 18,558
Operating lease liabilities 39,307 36,648
Other long-term liabilities 10,865 2,581
Total long-term liabilities 952,517 951,235
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS’ EQUITY:    
Common stock of $0.0001 par value - Authorized: 125,000,000; Issued and outstanding: 60,817,930 and 60,360,154 shares as of March 31, 2026 and December 31, 2025, respectively 6 6
Additional paid-in capital 1,896,782 1,872,760
Accumulated other comprehensive income (loss) 4,937 (11,663)
Accumulated deficit (1,491,005) (1,433,639)
Total stockholders’ equity 410,720 427,464
Total liabilities and stockholders' equity $ 2,260,508 $ 2,182,194