Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

v3.23.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 289,074 $ 263,180
Marketable securities, at fair value 120,272 174,809
Accounts receivable, net 125,425 119,711
Inventories 24,945 24,277
Prepaid assets 16,571 15,237
Other current assets 8,433 8,077
Total current assets 584,720 605,291
Property and equipment (net of accumulated depreciation of $147,452 and $131,930, respectively) 100,110 102,499
Operating lease right-of-use assets 91,412 96,109
Intangible assets, net 390,693 408,260
Goodwill 522,766 522,766
Other assets 5,407 5,109
Total non-current assets 1,110,388 1,134,743
Total assets 1,695,108 1,740,034
Current liabilities    
Accounts payable 17,913 20,510
Accrued compensation 45,686 40,141
Accrued expenses and other liabilities 18,172 15,070
Current portion of equipment financing obligations 11 70
Current portion of operating lease liabilities 7,354 6,584
Contract liabilities 5,712 7,557
Total current liabilities 94,848 89,932
Long-term liabilities    
Convertible senior notes, net 536,755 535,322
Operating lease liabilities 65,468 68,952
Deferred income tax liabilities, net 28,811 34,750
Other long-term liabilities 13,034 13,055
Total long-term liabilities 644,068 652,079
Total liabilities 738,916 742,011
Commitments and contingencies (Note 11)
Stockholders’ equity    
Common stock, $0.001 par value, (250,000,000 shares authorized; 127,144,418 and 126,913,992 shares issued and outstanding, respectively) 127 127
Additional paid-in capital 1,172,850 1,160,882
Accumulated other comprehensive loss (2,572) (3,899)
Accumulated deficit (214,213) (159,087)
Total stockholders’ equity 956,192 998,023
Total liabilities and stockholders’ equity $ 1,695,108 $ 1,740,034