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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 153,244 $ 138,840
Accounts receivable, net of allowances of $8,791and $4,763, respectively 89,481 82,987
Inventories 170,873 175,264
Prepaid expenses and other current assets 21,294 20,308
Total current assets 434,892 417,399
Property and equipment, net 146,641 156,394
Right-of-use assets 33,996 34,701
Goodwill 72,334 70,976
Intangible assets, net 95,040 93,518
Other assets 2,570 2,722
Total assets 785,473 775,710
Current liabilities:    
Accounts payable 38,751 52,984
Accrued expenses and other current liabilities 98,943 81,466
Contract liabilities 11,300 10,467
Short-term debt 2,569 1,656
Current portion of operating lease liabilities 6,310 6,453
Total current liabilities 157,873 153,026
Long-term debt 545,834 574,522
Derivative liability 106,662 0
Operating lease liabilities, less current portion 26,562 27,305
Other long-term liabilities 10,878 11,423
Commitments and contingencies (Note 8)
Redeemable preferred stock, $0.0001 par value; 20,000 shares authorized at March 31, 2025 and December 31, 2024; 3,319 shares issued and outstanding at March 31, 2025 and December 31, 2024 23,603 23,603
Stockholders' (deficit) equity:    
Common stock, $0.0001 par value; 200,000 authorized; 146,906 shares issued and outstanding at March 31, 2025; and 144,129 shares issued and outstanding at December 31, 2024 15 14
Treasury stock, 1,808 shares, at cost (25,097) (25,097)
Additional paid-in capital 1,282,598 1,305,677
Accumulated other comprehensive loss (10,463) (13,678)
Accumulated deficit (1,332,992) (1,281,085)
Total stockholders' (deficit) equity (85,939) (14,169)
Total liabilities and stockholders' deficit $ 785,473 $ 775,710