v3.24.1.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 139,819 $ 147,767
Investment securities, available-for-sale 335,804 350,174
Restricted cash 1,750 1,750
Accounts receivable, net 131,157 114,018
Inventory 15,949 11,647
Prepaid expenses and other current assets 66,048 42,443
Total current assets 690,527 667,799
Property and equipment, net 1,522 1,654
Right of use assets, net 12,481 12,928
Inventory, non-current 34,818 38,621
Other assets 7,688 7,293
Total assets 747,036 728,295
Current liabilities:    
Accounts payable 11,532 11,452
Accrued and other current liabilities 33,249 27,944
Accrued customer programs 69,972 53,173
Accrued employee benefits 16,409 27,364
Operating lease liabilities 3,639 3,612
Total current liabilities 134,801 123,545
Operating lease liabilities, non-current 12,737 13,326
Total liabilities 147,538 136,871
Stockholders’ equity:    
Common stock, $0.0001 par value: $175,000,000 shares authorized at March 31, 2024 and December 31, 2023, respectively; $97,477,818 and $96,379,811 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 10 10
Additional paid-in capital 2,232,325 2,208,470
Accumulated deficit (1,632,407) (1,617,160)
Accumulated comprehensive (loss) income (430) 104
Total stockholders’ equity 599,498 591,424
Total liabilities and stockholders’ equity $ 747,036 $ 728,295