v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 346,194 $ 367,012
Marketable securities, at fair value 11,886 19,832
Accounts receivable, net 151,208 150,540
Inventories 29,772 26,748
Prepaid assets 22,980 20,165
Other current assets 11,892 11,722
Total current assets 573,932 596,019
Property and equipment (net of accumulated depreciation of $198,695 and $189,990, respectively) 89,603 94,103
Operating lease right-of-use assets 77,803 79,583
Intangible assets, net 331,319 339,681
Goodwill 522,766 522,766
Other assets 6,007 5,886
Total non-current assets 1,027,498 1,042,019
Total assets 1,601,430 1,638,038
Current liabilities    
Accounts payable 16,211 21,607
Accrued compensation 39,487 62,443
Accrued expenses and other liabilities 18,628 12,624
Current portion of operating lease liabilities 3,075 3,381
Current portion of convertible senior notes, net 201,131 200,777
Contract liabilities 1,163 409
Total current liabilities 279,695 301,241
Long-term liabilities    
Operating lease liabilities 59,861 60,841
Convertible senior notes, net 340,714 340,335
Deferred income tax liabilities, net 20,970 21,510
Other long-term liabilities 11,921 11,772
Total long-term liabilities 433,466 434,458
Total liabilities 713,161 735,699
Commitments and contingencies (Note 11)
Stockholders’ equity    
Common stock, $0.001 par value, (250,000,000 shares authorized; 128,356,327 and 128,145,333 shares issued and outstanding, respectively) 128 128
Additional paid-in capital 1,239,901 1,228,198
Accumulated other comprehensive loss (56) (206)
Accumulated deficit (351,704) (325,781)
Total stockholders’ equity 888,269 902,339
Total liabilities and stockholders’ equity $ 1,601,430 $ 1,638,038

Source

10-Q XBRL Zip