v3.25.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 367,012 $ 342,488
Marketable securities, at fair value 19,832 72,715
Accounts receivable, net 150,540 131,227
Inventories 26,748 24,156
Prepaid assets 20,165 17,987
Other current assets 11,722 8,239
Total current assets 596,019 596,812
Property and equipment (net of accumulated depreciation of $189,990 and $158,211, respectively) 94,103 92,012
Operating lease right-of-use assets 79,583 91,769
Intangible assets, net 339,681 373,128
Goodwill 522,766 522,766
Other assets 5,886 4,742
Total non-current assets 1,042,019 1,084,417
Total assets 1,638,038 1,681,229
Current liabilities    
Accounts payable 21,607 20,334
Accrued compensation 62,443 53,161
Accrued expenses and other liabilities 12,624 15,069
Current portion of operating lease liabilities 3,381 5,610
Current portion of convertible senior notes, net 200,777 0
Contract liabilities 409 2,130
Total current liabilities 301,241 96,304
Long-term liabilities    
Operating lease liabilities 60,841 67,871
Convertible senior notes, net 340,335 538,198
Deferred income tax liabilities, net 21,510 24,285
Other long-term liabilities 11,772 13,034
Total long-term liabilities 434,458 643,388
Total liabilities 735,699 739,692
Commitments and contingencies (Note 14)
Stockholders’ equity    
Common stock, $0.001 par value, (250,000,000 shares authorized; 128,145,333 and 127,369,142 shares issued and outstanding, respectively) 128 127
Additional paid-in capital 1,228,198 1,190,139
Accumulated other comprehensive loss (206) (1,674)
Accumulated deficit (325,781) (247,055)
Total stockholders’ equity 902,339 941,537
Total liabilities and stockholders’ equity $ 1,638,038 $ 1,681,229

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